Cardiac Implants Device Market Analysis by Top Leaders and Demand
Market Research Future (MRFR) has announced a new release on the Global Cardiac Implants Market. The report values the global cardiac implants market at USD 8.91 bn in 2017 and forecasts a steady rise at a 7.2% CAGR over the forecast period from 2018 to 2023. The global cardiac implants market is expected to rise to a valuation of USD 13.6 bn by 2023.
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Cardiac Implants Market Overview
Cardiac implants are specifically designed to monitor irregular heartbeats in people with heart rhythm disorders. Such disorders are mainly caused by problems associated with the heart’s electrical system, which signals the heart to pump blood throughout the body. Devices comprise implantable cardioverter defibrillators, pacemakers, implantable hemodynamic monitoring, cardiac resynchronization therapy, and implantable heart rhythm monitors, which are also referred to as loop recorders. The global cardiac implants market, as per a report by Market Research Future (MRFR) is touted to register a CAGR of 7.82%, surpassing a valuation of USD 38,054.3 million during the forecast period (2020-2023).
Global Cardiac Implants Market: Segmental Analysis
The cardiac implants device market has been segmented on the basis of device, indication, and end users.
By device, the market is segmented into prosthetic heart valve devices, coronary stents, and others.
By indication, the market is classified into heart failure, arrhythmias, and others.
Considering the end use segment, the market is segmented into cardiac care centers, hospitals, and others. Of these, the hospital segment is likely to gain prominence due to favorable reimbursement policies.
Cardiac Implants Market Regional Frontiers
Geographically, the cardiac implants market spans across America, Europe, Asia Pacific, and the Middle East & Africa.
Considering the global scenario, America is predicted to command the largest market share, mainly due to the soaring incidences of cardiac diseases, coupled with the increased adoption rate of cardiac implantable electronic devices in the region. Moreover, increased demand for the pacemaker, especially in North America will contribute to the market’s growth.
The market in Europe will experience considerable growth owing to increased funding from the government for, healthcare, coupled with the rising initiatives by the insurance companies for heart patients.
The Asia Pacific will expand at the fastest rate during the foreseeable future. The growth can be credited to the rising geriatric population, increasing popularity of medical tourism, and changing lifestyle of the population. Surging preferences for technologically advanced products for cardiac rhythm management and increased concerns regarding healthcare for stroke prevention will encourage the regional market’s growth.
Industry Updates
August 2020: The U.S. FDA has recently approved a heart implant, which offers therapeutic stimulation to the patients suffering from advanced heart failure. The device named the Barostim Neo System is a cardiac neuromodulator, which helps to stimulate the baroreceptors of patients not suited for heart failure treatments such as cardiac resynchronization therapy.
Competitive Dashboard
The top players operating in the cardiac implants market include Amg International (Germany), Abbott (US), B. Braun Melsungen AG (Germany), Edwards Lifesciences Corporation (US), Boston Scientific Corporation (US), Biotronik (US), Medtronic Plc (US), LivaNova PLC (UK), Terumo Corporation (Japan), and SynCardia Systems, Inc. (Arizona).
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Emergency Department Information System (EDIS) Market Latest Technology, Top Companies, Trends and Growth Factors by 2023
Global Emergency Department Information System Market: Information by Component (Software, Services and Hardware), Delivery Mode (Software-as-a-Services (SaaS) and On-Premise EDIS), Application (Clinical Functionality, Patient Entry, Tracking and Triage, Department-Centered Tracking, Clinical Documentation, Computer Provider Order Entry (CPOE), Result Reporting and Discharge Management Region & Administrative Functions), End User, (Large Hospitals, Medium-Sized Hospitals and Small Hospitals) - Forecast till 2023
Market Synopsis:
As per the report published by Market Research Future (MRFR), the global Emergency Department Information System (EDIS) Market is set to thrive exponentially at a CAGR of 15.10% during the forecast period 2017 to 2023. These systems are designed to enhance the quality of emergency services by taking care of functions such as clinical documentation, patient entry, patient and resource tracking, etc. It is presumed to gain popularity globally in the foreseeable future owing to the rapid developments in the healthcare sector.
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One of the key factors responsible for dictating the future trajectory of the global emergency department information system market is the increasing geriatric population. Elderly people are always at a higher risk of developing diseases, and the increase in their population has necessitated the adoption of technologically advanced systems in the healthcare sector. This, in turn, has paved the way for emergency department information systems into the hospitals and clinics.
Other factors that are likely to complement the proliferation of the emergency department information system market include rising healthcare expenditure, growing patient pool, increasing need for advanced treatments, etc. In addition, the growing number of hospitals and clinics in the developing regions resonate strong potential for growth in the upcoming years.
Regional Analysis:
The global emergency department information system market, by region, has been segmented into Americas, Europe, Asia Pacific, and the Middle East and Africa. Americas had the largest share of the market in 2016 and is poised to grow significantly over the next couple of years. The factors that are favoring the expansion of the emergency department information system in the region include consolidation of key players, accelerated adoption of novel technologies, technological innovations, etc.
Asia Pacific is set to strike a high CAGR of 15.71% during the forecast period. It is estimated to emerge as the fastest growing regional market towards the end of the assessment period. Factors such as rapid healthcare developments, strong economic growth rate, increasing count of healthcare providers, etc. are expected to augment the emergency department information system market in the region.
Europe is a significant growth pocket positioned at the second position in the marketplace. Meanwhile, the Middle East & Africa is anticipated to account for the least share of the global market. The slow growth rate is attributable to the slow economic development and low income.
Market Segmentation:
On the basis of component, the global emergency department information system market has been segmented into software, services, and hardware. Furthermore, the software is sub-segmented into Best-of-Breed solutions and enterprise solutions.
On the basis of delivery mode, the emergency department information system market has been segmented into Software-as-a-Service and on-premise.
On the basis of the application, the global emergency department information system market has been segmented into clinical functionalities and administrative functionalities.
On the basis of the end users, the emergency department information system market has been segmented into large hospitals, medium-sized hospitals, and small hospitals.
Competitive Dashboard:
Some of the key players profiled in the report are Allscripts, Cerner Corporation, Mckesson Corporation, Healthland, Inc, Epic Systems, Evident, Logibec Canada, T-System Inc, Siemens Healthcare, EPOWERdoc, Inc, Medical Information Technology, Inc, Unitedhealth Group, Inc, veEDIS Clinical Systems LLC, Medhost Inc, and Wellsoft.
Industry News:
In August 2018, Allscripts Healthcare Solutions, Inc., a healthcare service provider, has achieved full accreditation for Allscripts PayerpathTM with the Healthcare Network Accreditation Program (HNAP).
In July 2018, Virginia has launched an Emergency Department Care Coordination Program where all of its emergency departments are electronically linked for improved care and trimmed costs.
In January 2019, the Centers for Medicare and Medicaid Services (CMS), a federal agency within the United States Department of Health and Human Services has initiated posting prices of healthcare services online.
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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 Market Latest Technology, Top Companies, Trends and Growth Factors by 2023 )
Research MRFR Releases New Report on the Medication Management Market 2018-2023
Medication management is an approach to understand the purpose of the medications and its timely administration in the correct manner. Adherence to a medication regimen is vital especially for geriatrics and patients with multiple chronic conditions. Failing to comply with a medication regimen is often cited as a paramount reason why patients are readmitted in the hospital following discharge.
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In such scenarios, medication management services have been proving to be effective providing medication reconciliation, medication therapy management, patient/family education on medications and medication set-up simulations for the patient. Many home care providers have also started to make in-home medication management a core component of their operations.
For many aging populaces, relinquishing medication management services to a third party is one of the easier options. And it’s becoming a market differentiator among seniors looking for reliable, competent and service-minded companies to manage one of their most critical medical issues.
Also, for the patients suffering from chronic illnesses who usually have to administer and monitor 10-12 medications per day, resorting to smart medication management systems which promote their wellbeing becomes useful.
As a result, the uptake of medication management is growing which, in turn, is increasing the size of the global medication management market. Moreover, the recent trend of prescription medicine is escalating the market on the global platform.
Considering the colossal growth, the market perceives currently; Market Research Future (MRFR), in its recently published study report asserts that the global medication management market will grow exponentially by 2023, registering approximately 13.4% CAGR throughout the forecast period (2018 – 2023).
Additional factors helping the market to boost further are the ever-increasing population, geriatric populaces, and increased occurrence of chronic diseases which are growing the need for the medication management solutions.
Advancements in IT technology and increasing uptake of healthcare IT for efficient management are expected to increase the size of the market. Furthermore, the rising government supports and the need for curtail healthcare costs without compromising the quality of care are some of the factors impacting the growth of the market, positively.
On the other hand, factors such as high software implementation and service maintenance costs are impeding the growth of the market. Nevertheless, the advantages that medication management offers allowing the consolidation of all expenses which consequently saves the further cost of patient care is expected to act as a major tailwind supporting the growth of the market.
for care management solutions. Moreover, the increasing healthcare expenditures are escalating the market on the global platform, increasing the need to curtail cost without compromising the quality of care.
Global Medication Management Market – Segmentation
For ease of understanding, the MRFR analysis has been segmented into five key dynamics: -
By Systems : Computerized Physician Order Entry Systems, Administration Software, Clinical Decision Support Systems, Inventory Management Systems, Automated Dispensing Systems, and Assurance Systems among others.
By Services : Point-of-Care Verification Services and Adverse Drug Effects (ADE) Surveillance Services among others.
By Mode of Delivery : Web-based Solutions, On-premise Solutions, and Cloud-based Solutions among others.
By End-user : Hospitals and Pharmacies among others.
By Regions : North America, Europe, Asia Pacific, and the Rest-of-the-World.
Medication Management Market – Regional Analysis
The North American region, heading with the presence of numerous key players is estimated to retain its dominance over the global medication management market. This region accounts for the best of the medical facilities around the world, and so is the higher rate of patients which along with the robust economy and high healthcare expenditure drive the medication management market in the region.
Furthermore, the increasing number of polypharmacy, hospitals, and ambulatory centers alongside the well-developed technology drive the market growth in the region, meeting the higher demand of a vast patient population.
The medication management market in the European region accounts for the next-largest market share, globally. Factors allowing the market to substantiate include the increasing demand for management software & platforms, strong government support, and availability of funds among others. Western European region backed by the presence of well-developed economies such as the U.K., Germany, and France holds a significant share in the regional market. Indeed, the resurging economy is playing a vital role in the growth of the market, making the high cost of medication affordable and increasing per capita income in this region.
The Asia Pacific medication management market has emerged as a profitable market, globally. Factors such as the rapidly proliferating healthcare sector that is led by the improving economy, the increasing number of players, increasing government’s support and foreign investments, and vast technological advancements are impacting the regional market, positively. Additionally, the growing number of patients suffering from chronic diseases alongside the increasing per capita healthcare expenditure provide impetus to the growth of the market.
The Asia Pacific together accounts for over 41% of the global population, and most of the APAC countries are in the developing phase which leads to providing immense opportunities for the market players. Larger countries such as China and India backed by the densely populated area are considered as the biggest market for the Medication Management products in the region.
Global Medication Management Market – Competitive Analysis
The medication management market appears fiercely competitive with the presence of several large and small players. The key strategies traced from the analysis of recent market developments include agreement & partnership, product launch, acquisition, and expansion. International players who are increasingly expanding their footprint in the developing economy, making it difficult for regional players to compete with them.
Major Players:
Key players leading the global medication management market include Mckesson Corporation, Allscripts Healthcare 0Electric Company, Medical Information Technology, Inc., Optum Inc., Omnicell, Inc., QuadraMed Affinity Corporation, and Siemens Ltd among others.
Industry, Innovation & Related News
March 06, 2019 ---- BrightSpring Health Services (the US) a leading provider of comprehensive home and community-based health services announced its merge with the PharMerica (the US), a pharmacy powerhouse to position itself to lead the medication management, potentially.
BrightSpring hopes to effectively address medication needs while also providing caregiver services by providing its clients the right medications suiting their ailments in a timely and reliable manner and then helping to make sure they do so consistently.
The merging deal will give BrightSpring a footprint with difficult-to-top proximity to the patients and clients it serves including behavioral health and specialty populations, along with older adults. KKR an affiliate of Walgreens Boots Alliance Inc. and a global investment firm had recently acquired BrightSpring (formerly ResCare) as part of the deal.
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Hemophilia Treatment Market size, Global Growth and Demand
Hemophilia refers to an inherited genetic blood disorder which affects the ability of the blood to clot due to the lack of a specific protein required for blood clotting. As per the analysis of Market Research Future (MRFR), the global hemophilia treatment market is likely to post a CAGR of 6.10% over the forecast period of 2018-2023. The global hemophilia treatment market was valued at USD 11,257.21 in 2017 and is due to reach a valuation of USD 16,059.17 by the end of 2023.
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The prevalence of hemophilia is found to be high across the globe, and it is in the backdrop of such high prevalence of hemophilia, the global hemophilia treatment market is expanding steadily. The World Federation of Hemophilia estimates the number of people suffering from hemophilia in the US to be close to 17,000.
An outlay of massive amounts by biotechnology companies and high government support for R&D activities has resulted in significant developments in recent years. Recombinant products have emerged as an alternative to plasma-derived products and consumers have demonstrated an increased inclination towards the use of recombinant products which can also be credited for the growth of the global hemophilia treatment market. Recombinant products, is derived from genetically engineered cells at are zero risks of contamination.
On the downside, the market growth might be deterred by the high costs associated with hemophilia treatment which restricts the growth of the market in cost-sensitive markets. Hemophilia treatment involves a variety of technologically high-end products which limits the patient pool opting for treatment.
Segmentation
The global hemophilia treatment market has been segmented based on type, treatment type, and end user.
By type, the global hemophilia treatment market has been segmented into hemophilia A, hemophilia B, and hemophilia C. The hemophilia A segment is the largest segment and is expected to reach a valuation of USD 12,697.99 at a CAGR of 6.23% by the end of the forecast period.
By treatment type, the global hemophilia treatment market has been segmented into Plasma-derived coagulation factor concentrate, Recombinant coagulation factor concentrates, Desmopressin, Antifibrinolytic agents, and Gene Therapy. The recombinant coagulation factor concentrates segment is likely to expand at the highest CAGR of 7.01% over the forecast period.
By end user, the global hemophilia treatment market has been segmented into hospitals & clinics, research organizations, and others. The hospitals & clinics segment accounted for the largest share of USD 7594.66 in 2017 and is also anticipated to showcase the fastest growth over the forecast period.
Regional Analysis
Geographically, the global hemophilia treatment market has been segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA). The Americas account for the lion's share of the global hemophilia treatment market and is likely to maintain its lead over the forecast period. The growth of the Americas market can be attributed to the high occurrence of the disorder in the region coupled with growing expenditure on the healthcare sector. The presence of an established healthcare sector and towering support for R&D activities acts as a plus for the market growth.
Europe holds the second largest share of the global hemophilia treatment market and exhibits similar growth pattern as that of the Americas. The Europe hemophilia treatment market is driven by high government support for research and development to develop advanced medical therapies.
APAC is poised to showcase the highest growth rate of 8.38% over the forecast period. Prolific improvement in the healthcare sector coupled with high demand for advanced treatment options stimulates the growth of the APAC hemophilia treatment market. The presence of a large patient pool is also a co0ntributing factor.
Competitive Landscape
The key players in the global hemophilia treatment market include F.Hoffmann-La Roche Ltd, Bayer AG, Baxter, Pfizer Inc, Sanofi, Novo Nordisk A/S, Shire, Kedrion, CSL Behring, Octapharma, Swedish Orphan Biovitrum AB, and Grifols International S.A.
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Diagnostic imaging Market Size, Share, Growth, Industry Analysis, Forecast to 2023
Market Highlights
The Global diagnostic imaging services market is projected to grow at a CAGR of 8.2% over the forecast period. In recent years, diagnostic imaging services improved their efficiency and accuracy for the of various acute and chronic diseases including cardiovascular diseases and cancer. The increasing prevalence of geriatric population and subsequent growth in the incidence of cardiac, and neurological diseases including cancer, growing government funding’s for development of medical diagnostics field, and the on-going technological advancements in imaging services are some factors that are anticipated to drive the market growth during the assessment period. Additionally, increasing demand for diagnostic imaging devices and development expenditure by the government as well as private sector is likely to contribute to the market growth. As per the data by the Office for National Statistics, in 2016, the gross domestic expenditure on research and development (R&D) was Euro 33.1 billion (USD 35.2 billion) in the UK. However, high cost of diagnostic imaging devices and unfavorable reimbursement policies may hamper the market growth during the assessment period.
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Regional Analysis
On regional basis, the Americas is anticipated to dominate the global diagnostic imaging market share owing to the growing clinical R&D budgets by both government as well as public and private organizations in diagnostic imaging modalities and increasing adoption of advanced technologies in the region. Additionally, rising prevalence of geriatric population along with various chronic diseases is contributing the growth of this market. According to a report by Population Reference Bureau, the number of older population (aged 65 and above) will rise to nearly 24% from 15% by 2060. Europe is expected to hold the second largest position in the global diagnostic imaging services market owing to the presence of strong academic & research base and availability of funding for research in the European countries. Moreover, rising healthcare expenditure and awareness among people for detection of diseases is boosting the market in this region. The Asia-Pacific region is anticipated to be fastest growing region is due to rising demand for imaging devices, good quality healthcare infrastructure and incidence of major key players for growth and development in this region. The Middle East & Africa has the least share of the global diagnostic imaging services market. Moreover, the major market share of the region is expected to be held by the Middle East region owing to the increasing government initiatives for the healthcare sector.
Segmentation
The Global diagnostic imaging services market has been segmented into procedure, application, and service provider.
By procedure, the market has been segmented into X-ray, Computed Tomography, Ultrasound, MRI (Magnetic Resonance Imaging), Nuclear Imaging, Radiography and others. The procedure segment is estimated to hold major market share in the global diagnostic imaging services market due to the rising R&D activities in the medical diagnostics field.
On the basis of application, the global diagnostic imaging services market has been segmented into Neurology, Cardiology, Oncology, Musculoskeletal and others.
The Global diagnostic imaging services market, by service provider, has been segmented into Clinics & Hospitals, Diagnostic centers, Research laboratories and others.
Key Players
Some of the prominent players in the global diagnostic imaging services market are Center for Diagnostic Imaging (CDI), Medquest Associates Inc./Novant Health, Simonmed/Dignity Health, Touchstone Imaging, Alliance Medical, Medica Group, Sonic Healthcare, Global Diagnostics, Consensys Imaging Service, Inc., Progressive Radiology, Concord Medical Services Holdings Limited, Alliance Healthcare Services, InHealth Group and others.
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Dental Sterilization Market Size, Trends, Share, Growth Drivers and Forecast by 2023
Dental sterilization is a highly crucial part of maintaining the tools and techniques related to dentistry. As per the latest published report by Market Research Future (MRFR), the global dental sterilization market is expected to grow at a CAGR of 6.90% during the forecast period of 2017 to 2023. The market valuation is expected to jump from USD 1.11 billion back in 2017 to USD 1.5 billion by the end of the forecast period.
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A key driver influencing the demand for dental sterilization is the widespread prevalence of dental related diseases or disorders. Dental caries, one of the most common tooth-related issues, is one of the primary reasons behind the loos of tooth and remains a significant concern across developed economies in the world. Consumption of fast food and sugar-rich food items are acting as the main culprits behind incidences of tooth decay and is likely to continue in the coming years as well, thereby driving the growth of the market over the forecast period.
One of the biggest results out of the growing prevalence of dental diseases have been the rising number of dental care facilities. The growth factor associated with the dentistry field is likely to continue in the near future. This, in turn, helps drive the dental sterilization market towards a period of growth.
Market Segmentation
The global Dental Sterilization Market comprises of the following segments: products and end-users.
By product type, the market includes consumables, instruments, and accessories. Among these, the instruments segment is most likely to maintain its dominance over others in terms of market share contribution during the forecast period.
By end-user, the market divides into dental laboratories and hospitals. The hospitals segment is most likely to remain the largest contributor of the two during the forecast period.
Regional Analysis
The geographical segmentation of the global dental sterilization market covers the following regions, Europe, Asia Pacific, North America, and the Rest of the World.
North America leads the chart with the highest market share percentage in the global dental sterilization market. This is primarily due to the widespread prevalence of dental-based diseases in the region and ease of availability concerning the use of advanced dental sterilization equipment. Dental caries is one of the most common requirement in dental hygiene, especially in the US, and affects close to 90% of the school-going children. All these factors are poised to make the North American market maintain its topmost standings over the forecast period.
The Asia Pacific region is considered to be an emerging region in the global landscape, however, it plays a major role in the overall development of the market. Herein, fast-paced urbanization in developing countries like India and China has incepted the adoption of Western-like diet system. This has posed to be an increasing problem for the dental health of consumers residing in the Asia Pacific region. Alongside this, the growing number of dental care centers and clinics across these countries is increasingly likely to drive the demand for the global dental sterilization market in the Asia Pacific region during the forecast period.
Competitive Analysis
The global dental sterilization market comprises of a number of key players, including Matachana Group, Planmeca Group, Danaher, A-Dec, Hu-Friedy, Scican, Tuttnaue, W&H, BMT Medical Technology, Getinge, Midmark, Dentsply Sirona, Nakanishi, Crosstex, and Premier Dental.
March 12th, 2019, Planmeca became the first-ever dental manufacturer to offer a comprehensive suite of IoT solutions for large clinics as well as clinic chains. The unique device of Planmeca makes it easy to access different sets of data and analyze the same.
March 12th, 2019, Planmeca and Navigate Surgical Technologies, aka NST, a recognized provider of real-time surgical navigation services, announced their collaboration in order to launch innovative solutions for dental implant surgeries. The partnership is promises to offer dental implant surgeons to deliver enhanced and clinical patient outcomes. The tech offers more precise and accurate implant placement.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Cardiovascular Applications Market growth 2020 - regional Forecast to 2023
Market Synopsis:
As per Market Research Future (MRFR)’s assessment, the global cardiovascular applications market is set to strike a CAGR of 7.24% during the forecast period 2017 to 2023. Its valuation has been estimated to reach USD 36730.5 Mn mark towards the end of 2023. In the U.S., one out of every four deaths was caused due to heart ailment in 2015 according to the Centers for Disease Control & Prevention. Every corner of the world is largely affected by the burden of cardiovascular diseases. This, in turn, has opened new avenues of growth opportunities to capitalize on for the key players and researchers.
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A major proportion of global healthcare expenditure is attributed to the large-scale presence of heart diseases. The rise in these expenditures is directly proportional to the growth of the cardiovascular application market. In addition, the population of people over the age group of 50 years is the most vulnerable to CVDs. According to published statistics by the World Health Organization (WHO), the population of older adults is projected to get doubled between 2015 and 2050. It is anticipated to intensify the growth rate of the cardiovascular application market in the foreseeable future.
Rapid urbanization and modernization have led to a major increase in the working class population. The changing lifestyle and food habits have further contributed to the expansion of the prevalence of these diseases across the world. It has necessitated the development of drugs and treatments for early, more precise and highly effective diagnosis. This, in turn, is presumed to augment the global cardiovascular application market across the review period.
Market Segmentation:
By devices, the global Cardiovascular Application Market growth has been segmented into cardiac pacemaker, monitors, defibrillators, and others. The monitors segment has been further sub-segmented into resting ECG, holter monitors, ECG monitors, implantable loop recorder, and others. The cardiac pacemaker segment is sub-segmented into implantable cardiac pacemaker, and external cardiac pacemaker. The cardiac defibrillator is further sub-segmented into implantable cardioverter defibrillator, and external defibrillator.
By end users, the cardiovascular application market is segmented into cardiac care centers, academic institutes, ambulatory centers & home care, and others.
Regional Analysis:
The global cardiovascular application market, by region, has been segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa. Americas, owing to the presence of the U.S. and Canada, has witnessed the early adoption of tech-driven changes in the market. The region is also bestowed with a high population of patients suffering from CVDs or other ailments that cause CVDs. The strong economic growth rate of the region has been influencing the growth of the cardiovascular application market positively owing to high demand for diagnosis. It is expected to secure the pole position in the global market over the assessment period.
Europe trails Americas in terms of market size. The region signifies promising opportunities for the development of the cardiovascular application market. The support extended by its government for the development as well as the adoption of advanced cardiovascular devices is likely to motivate the expansion of the regional market.
Asia Pacific exhibits high demand for cardiovascular applications. The exponential population of aging people is poised to boost the growth trajectory of the market further. It is estimated to strike the highest CAGR through the projection period.
Competitive Dashboard:
General Electric Company, Koninklijke Philips N.V, Abbott, and Medtronic are the prominent players operating in the cardiovascular application market. Other key players profiled in the report are Boston Scientific Corporation (U.S.), Terumo (Japan), Edwards Lifesciences (U.S.), Stryker Corporation (U.S.), Allergan Inc. (U.S.), CR Bard Inc. (U.S.), Sonova Holdings (Switzerland), Smith & Nephew plc (U.K), and Dragerwerk AG & Co. KGa (Germany)
Industry News:
In January 2019, Imec, Medtronic, Ghent University, and seven other partners of the Horizon 2020 CARDIS project have announced the development of a photonics-based medical device which is useful in the easy identification of cardiovascular diseases (CVD) by screening arterial stiffness.
In January 2019, Ireland-based Medtronic has announced the launch of the first mobile application which can communicate directly with smartphone-connected pacemakers.
TABLE 1 PRIMARY INTERVIEWS 20
TABLE 2 GLOBAL CARDIOVASCULAR APPLICATION MARKET BY DEVICE, 2014 TO 2023 (USD MILLION) 35
TABLE 3 GLOBAL CARDIOVASCULAR APPLICATION MARKET FOR CARDIAC MONITORS BY REGION,
2014 TO 2023 (USD MILLION) 36
TABLE 4 GLOBAL CARDIAC MONITORS MARKET BY TYPE, 2014 TO 2023 (USD MILLION) 36
TABLE 5 GLOBAL CARDIOVASCULAR APPLICATION MARKET FOR CARDIAC MONITORS BY REGION,
2014 TO 2023 (USD MILLION) 37
TABLE 6 GLOBAL CARDIAC PACEMAKERS MARKET BY TYPE, 2014 TO 2023 (USD MILLION) 37
TABLE 7 GLOBAL IMPLANTABLE CARDIAC PACEMAKER MARKET BY TECHNOLOGY, 2014 TO 2023 (USD MILLION) 38
TABLE 8 GLOBAL CARDIOVASCULAR APPLICATION MARKET FOR CARDIAC DEFIBRILLATORS BY REGION,
2014 TO 2023 (USD MILLION) 38
TABLE 9 GLOBAL CARDIAC DEFIBRILLATOR MARKET BY TYPE, 2014 TO 2023 (USD MILLION) 39
TABLE 10 GLOBAL CARDIOVASCULAR APPLICATION MARKET BY END USER, 2014 TO 2023 (USD MILLION) 41
TABLE 11 GLOBAL CARDIOVASCULAR APPLICATION MARKET FOR HOSPITALS BY REGION,
2014 TO 2023 (USD MILLION) 41
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A Comprehensive Study exploring High Performance Body Contouring Devices and Procedures Market
The Global Body Body Contouring Devices and Procedures Market size held a market value of USD 2,103 million in 2017 and is projected to grow at a CAGR of 6.6% over the forecast period.Body contouring is a altering the body part by improving the appearance. It involves the removal or transfer of fat to the body.
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Due to increasing prevalence of obesity across the globe many of the companies are in the race to introduce better treatment for obesity. Companies are using a trend of strategic alliance and acquisition to gain the market and minimize the competition in the market.
Additionally, the growing research and development expenditure by the government as well as private sector is likely to contribute to the market growth. As per the data by the Office for National Statistics, in 2016, the gross domestic expenditure on research and development (R&D) was Euro 33.1 billion (USD 35.2 billion) in the UK. However, the high cost of urgery with advanced technologies may hamper the market growth during the assessment period.
Regional Analysis:
On regional basis, the Americas is anticipated to dominate the global [URL=https://www.marketresearchfuture.com/reports/body-contouring-devices-and-procedures-market-6935]body contouring devices and procedures market size[/URL] owing to the growing R&D budgets by both government as well as commercial pharmaceutical and biotechnological companies and increasing adoption of advanced technologies in the region. Europe is expected to hold the second largest position in the global body contouring devices and procedures market owing to the presence of strong academic & research base and availability of funding for research in the European countries. Asia Pacific has served an opportunity for developing body contouring market in this region due to increasing demand for the better treatment and devices and increasing prevalence of disease like diabetes and obesity. The Middle East & Africa has the least share of the global body contouring devices and procedures market. Moreover, the major market share of the region is expected to be held by the Middle East region owing to the increasing government initiatives for the healthcare sector.
Segmentation:
The global body contouring devices and procedures market has been segmented into type, procedure, and end user. By type, the market has been segmented into non-invasive & minimally invasive devices and invasive devices. The non-invasive & minimally invasive devices segment is estimated to hold major market share in the global body contouring devices and procedures market due to the huge investments by major market players for the development of advanced technologies and equipment.
Based on procedure, the market has been segmented into non-surgical skin resurfacing, non-surgical skin tightening, cellulite treatment, liposuction, and others. The market, by end user, has been segmented into hospitals & clinics, research institutes & Organization, and others.
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Key Players:
Some of the prominent players in the global body contouring devices and procedures market are Cynosure, Inc., Alma Lasers, Alleragan, Syneron Medical Ltd, Bausch Health Companies, Inc, Lumenis, Merz Pharma GmbH & Co., Palomar Medical Technologies Inc., Sound Surgical Technologies LLC., Zeltiq Aesthetics, Chromogenex Technologies LTD, UltraShape Ltd, Fotona, Misonix Inc., Medicis Pharmaceutical Corporation, Sientra Inc., Invasix Ltd, Erchonia Inc, Lutronic.
Know more about Acupuncture Market 2020| Wuxi Jiajian Medical Instruments Co., Ltd, Schwa-medico GmbH, 3B Scientific GmbH
Market Overview
Acupuncture therapy is an alternative therapy which includes insertion of thin needles at strategic body points by trained professionals and works on the principle of balancing the flow of life energy in the body to treat disease and manage stress for a healthy living. The therapy is gaining acclamation owing to the myriad benefits it offers. Acupuncture helps to release comorbid discomforts. It treats pain associated with chemotherapy in cancer treatment, bone problems like osteoporosis, respiratory issues, migraine, fibromyalgia, and others which are mostly observed incidents in the rising geriatric population. The growing prevalence of gynaecological disorders like menstrual issues, premenstrual syndrome (PMS), polycystic ovary syndrome (PCOS), pregnancy complications, menopausal related issues, dysmenorrhea, and infertility are influencing people to opt acupuncture therapy as a treatment for releasing pain induced by such problems. Furthermore, the capability of the acupuncture therapy to treat psychological illness and insomnia, disorders which are observed in majority of the world population owing to the modern lifestyle, is anticipated to amplify the acupuncture market growth, globally. Acupuncture therapy is a painless therapy as the needles penetrating only the skin are extremely thin. The escalating demand for such non-invasive therapy among people is expected to spur the global acupuncture market growth.
On the flip side, side effects associated with acupuncture treatment and lack of approved clinical support are challenges that the acupuncture market can encounter which can be responsible for the retarded acupuncture market growth.
Market Research Future (MRFR) predicts that the global Acupuncture Market is expected to grow with a CAGR of 14.50% in the upcoming years 2017-2023 and shoot up to valuation USD 55323.8 Mn by 2023.
Major Players:
Key players leading the global Acupuncture market include Schwa-medico GmbH, Wuxi Jiajian Medical Instruments Co., Ltd, 3B Scientific GmbH, Zepter International, SEIRIN Corporation, Cymedics GmbH & Co. KG, Asia-med GmbH, MKW Laser system GmbH, Qingdao Great Fortune Co., Ltd., and AcuMedic Ltd. among others.
Acupuncture Market – Segments
For ease of understanding, the market is segmented into four key dynamics: -
By Product & Services : Services (Traditional Chinese Medicine, Japanese Acupuncture, Korean Hand Acupuncture, Auricular & Scalp Acupuncture, Non-Insertion Acupuncture, Moxibustion, and others) and Products (Cupping & Needles, Suction Cups, Laser Needle, Rod Lasers, Laser Pens, Electro-Acupuncture Devices, and others.).
By Application: Pain Syndrome Illnesses and Gynecological Disorders among others.
By End-user: Wellness Center and Hospitals & Specialty Clinics among others.
By Regions: North America, Asia Pacific, Europe, and the Rest-of-the-World.
Regional Analysis
The European region heading with the presence of a large number of players accounts for the dominating market in the global Acupuncture market. The region is expected to exhibit a phenomenal growth prospect throughout the review period. The increasing number of occurrences of chronic diseases alongside the growing preference for acupuncture therapies amongst the European population drives the growth of the regional market.
Furthermore, factors such as the escalating insurance coverage in nations like Austria, France, Spain, and others, by other private companies and government support for R&D activities, increase in geriatric population, and the increasing demand for Acupuncture therapies and devices add to the growth in the regional market. The European acupuncture market is expected to grow at a CAGR of 13.53 % over the forecast period.
The Acupuncture market in the Asia Pacific region is another lucrative market, globally. The market is primarily led by the growing inclination towards the alternative therapies and major markets in China and India which have emerged as the fastest growing market for acupuncture devices. Additionally, increasing healthcare expenditures and the prevalence of various common disorders are positively impacting the growth of the regional market.
Global Acupuncture Market – Competitive Analysis
Highly competitive, the Acupuncture market appears to be fragmented due to the presence of several key players who are making substantial investments in R&D activities to bring about innovations in the devices.
Manufacturers of acupuncture devices try to develop instruments that are user-friendly, convenient and can allow physicians to optimize the pain treatment efficiently, literally, for each patient. Caregivers try to offer uniquely refined treatments using advanced devices with controlled incremental expansion designs.
Industry/Innovation/Related News:
March 15, 2019 ---- Cala Health, Inc. (the US), a Wearable bioelectronics developer and medical technology company pioneering neuro peripheral therapy announced its collaboration with Massachusetts General Hospital to help build out its non-invasive nerve stimulation platform for chronic diseases.
Through the hospital’s intellectual property management arm, Cala has licensed neuromodulation technology developed in the lab of MGH’s Vitaly Napadow. Neuromodulation helps in neural mechanisms related to chronic pain and the brain’s reactions to different forms of stimulation, including acupuncture. The licensed tech covers both transcutaneous vagus nerve stimulation and respiratory-gated vagal afferent nerve stimulation.
March 27, 2019 ---- Researchers at the Changchun University of Traditional Chinese Medicine (China), published the outcomes of a clinical trial they conducted on the uses of acupuncture to alleviate test anxiety, a type of performance anxiety. The results demonstrate that acupuncture reduces pre-examination anxiety and reduces sleep disturbances.
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Global Aromatherapy Market Has Taken a Significant Growth in Coming Years -2023
- Overview
Aromatherapy has long been recognized as an alternative treatment, being offered in therapeutic practices, including yoga studios & spas, massage centers, even in hospice settings and chiropractic facilities. Utilizing aromatic oils, and other aroma compounds this medicine practice is helpful in treating health conditions ranging from chronic stress, anxiety, and depression to insomnia and trouble sleeping and from muscle pain, respiratory infections skin problems or disorders, to blood sugar fluctuations, and even cancer.
Over the period, there have been some product additions in the space of Aromatherapy. Products such as aromatherapy diffusers, beaded ornaments made of lava stones soaked in various essential oils that release fragrances and beer essential oils are becoming the current market trends. This presages that people are well aware of the benefits of aromatherapy and increasingly prefer it, relying on the usages of natural oils.
Resultantly, the global Aromatherapy market is growing pervasively, witnessing augmented uptake of aromatherapy as an alternative medicine practice. Today, online and store-based distribution channels are availing various therapeutic-grade aromatherapy products and oils, offering the convenience of purchasing. All these factors such as advantages, awareness, and accessibility cumulatively drive the aromatherapy market on the global platform.
Market Research Future (MRFR) in its recently published study report asserts that the already booming market of Aromatherapy is expected to gain prominence over the forecast period. The market is forecasted to reach USD 4.3 billion by the end of 2023, growing at a CAGR of ~ 6.18 % during 2017-2023.
Improving economic conditions worldwide are fuelling the urbanization, further ushering the problems about the changing lifestyle such as sleep disturbances, stress, etc. Simultaneously, the improved economy has also fostered the lifestyle industry, enhancing the quality of life of people making the best healthcare available to them. The non-invasive nature of aromatherapy is also one of the key factor fostering the market growth exclusively.
Conversely, there are some growth restraining factors as well that are expected to hinder the market growth. These factors are stringent regulations about the obligatory differentiation label on the product citing therapeutic grade or cosmetic grade products, lack of expertise among the therapists and toxic nature of some of the essential oils like Cineole which is poisonous above the recommended dose and an overdose may cause some severe respiratory symptoms. Also, the fact that is impeding the market growth up to some extent is that there is no solid medical evidence that aromatherapy prevents or cures diseases mentioned above.
Global Aromatherapy Market - Competitive Analysis
The key players operating in the Aromatherapy Market compete based upon pricing, Technology, and services. Vendors operating in the Aromatherapy Market strive to deliver the best quality products based on innovative technologies, and best practices. Aromatherapy market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in intensified competition further.
Some oil manufacturer practice using steam distillation or solvent extraction because it is an easier way to extract essential oils as the natural herbs and plants may change its medication value and nutrients compound due to heat. Hence oils used in Aromatherapy are extracted by the cold press or cold process to retain maximum nutrients compound from the natural plants or herbs.
Key players are more focusing on the expansion of Aromatherapy business across the globe which is contributing around 40% of strategy share. After expansion, key players are acquiring companies to strengthen their presence and to get an edge over increasing competition. R&D, partnership, and product launch contribute equally (~10%) in the strategic share of key players in Aromatherapy market.
Industry/innovation/Related News:
May 29, 2018 – Aspen Valley Hospital (AVH - US) launched an opioid reduction initiative with a multi-pronged attack. Including aromatherapy and other therapies like acupuncture, heat, etc., the hospital is all set to help cut into opioid use.
May 9, 2018 - Wis. Ambulance Service in Tri-State (US) introduced aromatherapy instead of medication for minor pains and thus to cut down on opioid use.
August 23, 2017 – doTERRA International, LLC (US), one of the leading global manufacturer of Aromatherapy and Essential Oils announced the expansion of its corporate campus including the new medical clinic and corporate building, along with the expansion of the company’s manufacturing facility.
Global Aromatherapy Market - Segments:
The global aromatherapy market has been segmented on the basis of the product. The product-based segmentation covers application, essential oils, equipment, therapeutic application and lastly region. The application segment has been sub-segmented into inhalation, tropical, and aerial diffusion. Based on essential oils, the market segmentation comprises of citrus, floral, green/vegetative, herbaceous/camphoraceous, & spicy and others. The equipment segment has been segmented into heat diffuser, nebulizer diffuser, and ultrasonic diffuser. On the basis of therapeutic application, the market has been segmented into pain management, relaxation and sleep, skin and hair care, and other remedies.
Global Aromatherapy Market - Regional Analysis
The US region is estimated to dominate the market with the largest market share in terms of revenue and size both, followed by Europe and the Asia Pacific respectively. Owing to the high per capita income and healthcare expenditures, the U.S. and Canada are major markets for Aromatherapy in the North America region. Strong potential of Aromatherapy products to be used for rising application areas and therapeutic applications as well as in cosmetics and personal care supporting market growth among the various regions in the world.
Whereas, in Europe, the second largest market for Aromatherapy, France, Italy, and Germany are major Aromatherapy products market. Increasing popularity of Aromatherapy as therapeutics and pharmaceuticals is supporting the Aromatherapy market in America and Europe region. High disposable income and presence of large facilities especially in France and Germany drive the regional market growth.
Led by China and India Asia Pacific region is expected to emerge as the fastest growing market for Aromatherapy, owing to the large unmet needs. Besides APAC region is the largest producer of the Essential Oils, Carrier oils and Blended oils which is undoubtedly going to impact the regional market growth positively.
Led by some of the GCC countries, mainly Saudi Arabia and UAE, The Middle East and Africa market for Aromatherapy will be witnessing substantial growth. On the other hand, due to the poor economic and political conditions in the regions
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Neurovascular Devices Market Synopsis: Size, Trends, Demand and Forecast
Neurovascular Devices Market Synopsis:
Increased incorporation of advanced technology in the healthcare sector has led to the development of various medical devices that can be utilized to treat complex medical conditions. Neurovascular devices are advanced medical devices that are used to treat various neurovascular diseases that can affect the central nervous system and associated vascular system. Market Research Future (MRFR) has published a report stating that the global neurovascular devices market is marked to expand at a noteworthy CAGR of 8.8% during the forecast period of 2017-2023.
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High prevalence of neurovascular diseases in developed and developing regions as a result of changing lifestyle and increased healthcare expenditure are majorly fueling the expansion of the global neurovascular devices market during the assessment period. Increased research and development expenditure and rapid technological advancement in the healthcare sector are also propelling the expansion of the global neurovascular devices market. However, poor economic conditions and lack of primary healthcare facilities are likely to restrain the expansion of the global neurovascular devices market during the forecast period.
Neurovascular Devices Market Regional Analysis:
Geographically, the global Neurovascular Devices Market has been segmented into four major regions such as Americas, Europe, Asia Pacific, and the Middle East and Africa. The Americas is dominating the global neurovascular devices market owing to the high prevalence of neurovascular diseases, increased healthcare expenditure as a result of increased disposable income, easy adoption of technologically advanced medical devices and the presence of well-developed healthcare sector in this region. The Europe region commands second largest share in the global neurovascular devices market owing to the rapid technological advancement and increased research and development activities for the introduction of advanced medical devices in the developed healthcare sector of this region. The neurovascular devices market in the Asia Pacific region is expanding at the fastest growth rate owing to the increased awareness regarding the availability of advanced medical devices and increased government funding for the development of healthcare sector in this region. Whereas, poor economic condition and absence of primary healthcare facilities in the underdeveloped countries are restraining the growth of the neurovascular devices market in the Middle East and Africa region.
Neurovascular Devices Market Segmentation:
The global market for neurovascular devices has been segmented on the basis of product, therapeutic application, and end-user. Based on product, the neurovascular devices market has been segmented into aneurysm coiling and embolization devices, neurothrombectomy devices, support device, and cerebral balloon angioplasty and stenting systems. The aneurysm coiling and embolization devices segment has been sub-segmented into embolic coils, flow diversion devices, and liquid embolic. The embolic coils sub-segment includes detachable coils and pushable coils. The neurothrombectomy devices segment has been sub-segmented into retrieval systems and suction & aspiration devices. The support device segment has been sub-segmented into microguidewires and microcatheters. The cerebral balloon angioplasty & stenting systems segment has been sub-segmented into embolic protection systems and carotid artery stents. The embolic protection systems segmented is further segmented into balloon occlusion devices and distal filter devices. Based on therapeutic application, the neurovascular devices market has been segmented into hemorrhagic stroke and ischemic strokes. Based on end-users, the neurovascular devices market has been segmented into hospitals & clinics, and ambulatory surgical units.
Neurovascular Devices Market Top Key Players:
The key players profiled by MRFR that are operating in the global neurovascular devices market are Stryker, Medtronic, Johnson & Johnson Services, Inc., TERUMO CORPORATION, Abbott, Merit Medical Systems, Inc., Medikit co., ltd., Penumbra, Inc., MicroPort Scientific Corporation, Evasc, Rapid Medical, Neuravi, W. L. Gore & Associates, Inc., OxfordEndovascular, Sensome, Blockade Medical, LLC., Delaware Corporation, Secant Group, LLC, and Gynesonics. The players in the global neurovascular devices market are aiming towards expansion of their businesses on global level by introducing advanced devices through increased research and development expenditure and strategic mergers and acquisitions are aiding these players in maintaining their dominance in the highly competitive environment of the global neurovascular devices market.
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Head Trauma Market Report and Trends
Head Trauma Market – Overview
Rise in the number of trauma cases globally especially those of head trauma have prompted an increase in the demand for treatment. Market reports connected with the healthcare industry have been made accessible by Market Research Future who publishes reports on other sectors that have been recently put out along with a report on this industry. The Head Trauma Market growth is foreseen to grow with a CAGR of 8.3% over the forecast period. The progress of the market is expected to benefit from the development of new technologies in the upcoming forecast period.
Segmental Analysis
The segmentation of the market is segmented on the basis of types, diagnosis, treatment and end users. By types, the market is segmented into haemorrhage and hematoma. By diagnosis, the market is segmented into brain scans, physical examination, and CT scan. By treatment, the market segmentation comprises of anti-seizure drugs, medical treatment, and surgery. By end users, the market is segmented into research institutes and hospitals & clinics.
Detailed Regional Analysis
The Americas region dominates the market due to the incidence of well-developed technology, growing patient population share with brain disorder, increasing health care spending, and budding government support for research & development. Additionally, intensified R&D activities and the focus of major companies are fuelling the market growth in this region. The European region has the next spot in the market due to the government support for research & development and accessibility of funds for research. This is projected to continue to drive the European market over the forecasted period. The Asia Pacific is showing the fastest growth due to the swiftly evolving healthcare technologies and high healthcare expenditure. Furthermore, the rising patient population in nations like India and South Korea are likely to fortify the market in the forecast period further. Conversely, the Middle East & Africa region controls the least stake in the market due to less accessibility of funds, inadequate medical facilities, and volatile political conditions in the African continent.
Competitive Analysis
The inventions in the products and services are the major factor in growing the market's yield and affecting the trends that are capturing attention in the market. The key success factors and players’ tendencies are regularly improving by the strategies being used by market contenders. The external factors are encouraging the market development which is dependent on the practices and the strategic roadmaps that are developed by market competitors. The significant contenders functioning in the market are GE Healthcare (U.S.), Fujifilm Holdings (Japan), Siemens Healthcare (U.S.), Shimadzu Corporation (Japan), Philips Healthcare (U.S.), Nihon Kohden Corporation (Japan), Toshiba Medical Systems Corporation (Japan), Electrical Geodesics Inc. (U.S.), Carestream Health (U.S.), Masimo Corporation (U.S.), Hologic (U.S.), Esaote (Italy), and others.
Industry Updates:
Feb 2018 The first blood test to evaluate mild traumatic brain injury (mTBI) or concussion has been permitted to be marketed by the U.S. Food and Drug Administration. The FDA reviewed and authorized for marketing the Banyan Brain Trauma Indicator in less than six months as a portion of its Breakthrough Devices Program.
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POC Blood Gas and Electrolyte Market Size, Regional Outlook, Competitive Strategies and Forecasts, 2016 to 2023
Global Point of Care Blood Gas and Electrolyte Market Information, By Product Type (Consumables and Instruments), By End Users (Hospitals & Clinics, and Research Institute) - Global Forecast till 2023
Market Highlights
Point of care blood gas and electrolyte analyzers is the new technology, which helps in reducing therapeutic turnaround time, enhancing patient satisfaction, accuracy, and help to improve hospital operations. Rising prevalence of chronic diseases and cancer across the globe, increasing the treatment of NICUs, ICUs, Cardiovascular Operating Room (CVOR), and emergency department, which drives the global point of care blood gas and electrolyte devices market growth. In 2017, due to changes in the regulatory policies of the U.S., R&D investment is affected to some extent. In 2016, R&D spending of the US was 527.5 billion, which grew by 1.6% in 2017. Currently, the major shares of the global market are dominated by few leading players, and they can fluctuate the costs of the products. In developing regions such as Asia Pacific the suppliers are trying to provide their products at affordable price.
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The global point of care blood gas and electrolyte devices market is expected to grow at a CAGR of 7.8% during the forecast period 2017-2023.
Segmentation
The global point of care blood gas and electrolyte gas devices market has been segmented on the basis of types and end users.
On the basis of the types, the market is segmented into consumables and Instruments. The instrument type is sub-segmented into benchtop and portable devices. The consumable devices are further segmented into reagents, cartridges, and others.
On the basis of the end users, the market is segmented into hospitals & clinics, home care, research institutions, and others.
Key Findings:
- Consumables product segment accounts for the largest market share of 61.5% while the instruments segment is projected to grow at a CAGR of 6.3% during the forecast period from 2017 – 2023
- Hospitals & clinics dominates the global POC blood gas and electrolyte market with nearly 58.4% share of the global market, by end users
- Americas POC blood gas and electrolyte market is estimated to be USD 600.2 million in 2016
Regional Analysis
The Americas dominate the global market owing to a huge population with chronic diseases such as diabetes, kidney, and liver disease, increasing government support for research & development, and high health care expenditure. According to the WHO, in 2014, 9.7% of the total America population is having diabetes. Thus, increasing prevalence of diabetes has boosted the market growth. Additionally, changing lifestyle and the presence of major players in the market have fuelled the growth of the market.
Europe is the second largest point of care devices market across the globe, which is followed by Asia Pacific. Asia Pacific is the fastest growing market and majorly driven by India and China owing to a huge number patients with chronic diseases and rapidly growing economy. According to the WHO, 60% of the global diabetic population lives in Asia Pacific region. The healthcare expenditure of Asia Pacific has increased over the last few years, which has contributed to the growth of the market.
The Middle East and Africa region account for the least share of the global market. Whereas, Africa holds the least share of the global market due to limited availability of medical facilities and poor economic condition of the region.
Key Players
Some of the major players in this market: Siemens, Abbott, F. Hoffman-La Roche Ltd., Radiometer, Nova medical, Edan Instruments Inc., and Instrumentation Laboratory
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Coronary Pressure Market Analysis By Top Leaders, Size, Share, trends
Coronary Pressure Market Research Report, By Device (Sphygmomanometer, Automated Blood Pressure Monitor, BP Transducers, Ambulatory Blood Pressure Monitor), By Technology (Digital, Aneroid, Wearable), By End User (Hospitals) - Global Forecast till 2023
Market Highlights
The patients suffering from hypertension, diabetes, and other cardiovascular diseases uses coronary pressure monitors to examine the coronary blood pressure. These devices are gaining huge attention due to increasing patient population suffering from cardiovascular diseases and obesity related problem. In 2015, according to the World Health Organization, over 17.7 million patients died from cardiovascular diseases accounting for 31% of the total deaths and it is estimated that about 39% of the adults aged above 18 were overweight in 2016. Several other factors such as growing geriatric population and increasing use of non-invasive devices fuels the market. However, erroneous readings by coronary pressure monitoring devices may restrain the market growth during the forecasted period.
The global Coronary Pressure Monitor Market is expected to grow at a CAGR of 6.65% during the review period.
Key Players
The key players for the global coronary pressure monitor market are Koninklijke Philips N.V. (Europe), General Electric Company (United States), Medtronic (Europe), Omron Corporation (Asia Pacific), A&D Medical Inc. (Asia Pacific), Drägerwerk AG & Co. KGaA (Europe), Rossmax International Ltd. (Asia Pacific), American Diagnostics Corp. (U.S.), and others.
Segmentation
The global coronary pressure monitors market is segmented on the basis of devices, technology, and end users.
On the basis of the devices, the market is segmented into sphygmomanometer, automated blood pressure monitor, BP transducers, ambulatory blood pressure monitor, instruments & accessories, and others.
On the basis of the technology, the market is segmented into digital, aneroid, wearable, and others.
On the basis of the end users, the market is segmented into hospitals, cardiac care centers, ambulatory centers & home care, academic institutes, and others.
Regional Analysis
The Americas dominate the global coronary pressure monitors market owing to a large patient population, strong government support for research & development, and high healthcare spending. According to the Center for Disease Control and Prevention in 2015, over 630,000 Americans died from heart disease, which represented 1 in every 4 deaths.
Europe is the second leading region in the global coronary pressure monitors market, which is followed by Asia Pacific. Asia Pacific is the fastest growing coronary pressure monitors market. Regionally, Europe is divided into Western Europe and Eastern Europe. Western Europe is holding the major share of the market, which is majorly contributed by Germany, the U.K., and France. However, Eastern Europe is the fastest growing region due the huge opportunities in the untapped market.
The Middle East and Africa contribute the least to the growth of the global coronary pressure monitors market. The Middle East dominates the market in this region. Whereas, Africa holds the least share of the global market due to limited availability of medical facilities and poor economic condition and stringent government policies. However, the growth of the African market is high due to the presence of opportunities for the development of the market.
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Pericarditis Market Improving Healthcare Infrastructure In Emerging Economies Creating Opportunities| Global Size, share, Analysis
Pericarditis Market Overview:
“Pericaditis Market: By Type (Acute Pericarditis, Chronic Pericarditis and Recurrent Pericarditis), By Diagnosis and Treatment [Diagnosis (Electrocardiogram (ECG), Echocardiogram, Computerized Tomography (CT), and X-Ray), Treatment (Medication and Surgical Treatment)], By End User (Hospitals and Clinics, Medical Institutes, Research Organizations and Others) and By Region - Global Forecast Till 2023”
According to Market Research Future (MRFR)’s analysis, the global pericarditis market is expected to touch a valuation of USD 2,741.39 Mn by the end of 2023 up from USD 1,750.38 Mn in 2017. The report also reveals that the market is predicted to thrive at a CAGR of 7.96% during the forecast period 2018 to 2023. Cardiovascular diseases are widely prevalent across the world, and the patient population is presumed to increase further over the next couple of years. A major proportion of these patients are likely to develop symptoms of pericarditis. It has been projected that the pericarditis market will witness an influx of patient population, thus, generating demand for advanced drugs and treatments.
The advent of advanced minimally invasive surgeries has revolutionized the pericarditis market. It has encouraged patients for early diagnosis and treatment. Also, the introduction of robot-assisted cardiac surgeries has gained considerable popularity among the patients due to its assurance of precision. This, in turn, is likely to have a positive influence on the proliferation of the pericarditis market.
The trouble-free settlement of reimbursements is anticipated to favor the growth of the market through the assessment period. On the flip side, the risk of infections owing to the insertion of catheters in the body remains an impediment to the market growth. Furthermore, the continuous dosages of anti-inflammatory drugs used for the treatment of pericarditis can lead to side-effects. It is predicted to hinder the expansion of the pericarditis market in the foreseeable future.
Global Market for Pericarditis – Segmental Analysis:
This MRFR report offers a comprehensive segmental assessment of the global pericarditis market based on type, diagnosis & treatment, and end-user. By type, the market is segmented into acute pericarditis, chronic pericarditis, and recurrent pericarditis. Among these, the acute pericarditis market is presumed to account for a major share of the market in the upcoming years. The valuation of the segment is forecasted to grow from USD 888.91 Mn in 2017 to USD 1,365.94 Mn in 2023. Meanwhile, the recurrent pericarditis segment is expected to expand at a comparatively higher CAGR during the projection period.
By diagnosis & treatment, the pericarditis market has been segmented into diagnosis and treatment. The diagnosis segment has been further sub-segmented into electrocardiogram, echocardiogram, CT, X-ray, and others. The treatment segment is sub-segmented into medication, surgical treatment, and others. Among these, the treatment segment is projected to attract a larger customer base across the review period. However, the diagnosis segment is anticipated to strike a relatively higher CAGR of 8.32% over 2023.
By end-user, the global pericarditis market has been segmented into hospitals and clinics, medical institutes & research organizations, and others. Among these, the hospitals and clinics segment has been estimated to expand at a CAGR of 8.05% over the assessment period. Its valuation is expected to reach USD 1,323.16 Mn over 2023.
Regional Outlook:
The global pericarditis market, by region, has been segmented into Americas, Europe, Asia Pacific, and the Middle East and Africa. Americas is the largest regional market for pericarditis and is poised to touch a valuation of USD 1,122.46 Mn towards the end of 2023. The drastic increase in the healthcare expenditure of the U.S. and Canada is contributing significantly towards the development of the pericarditis market in the region.
Europe, on the second spot, has been expected to strike a relatively higher CAGR of 9.14% during the forecast period. The access to affordable and standard medical facilities in the region is poised to boost the future trajectory of the pericarditis market. In addition, the efforts directed towards the development of the health systems in the region is further anticipated to propel the expansion of the market.
Global Market for Pericarditis – Competitive Dashboard:
Some of the prominent players operating in the global pericarditis market are Pfizer Inc., Bayer AG, AstraZeneca Plc., Reckitt Benckiser Group Plc, Novartis International AG, PerkinElmer, Inc., FUJIFILM Holdings Corporation, Merck & Co., Inc., Sanofi, Allergan plc., and Johnson & Johnson Services, Inc.
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Dental sterilization Market Opportunities, CAGR Status, and Business Growth
Dental sterilization is a highly crucial part of maintaining the tools and techniques related to dentistry. As per the latest published report by Market Research Future (MRFR), the global Dental Sterilization Market is expected to grow at a CAGR of 6.90% during the forecast period of 2017 to 2023. The market valuation is expected to jump from USD 1.11 billion back in 2017 to USD 1.5 billion by the end of the forecast period.
A key driver influencing the demand for dental sterilization is the widespread prevalence of dental related diseases or disorders. Dental caries, one of the most common tooth-related issues, is one of the primary reasons behind the loos of tooth and remains a significant concern across developed economies in the world. Consumption of fast food and sugar-rich food items are acting as the main culprits behind incidences of tooth decay and is likely to continue in the coming years as well, thereby driving the growth of the market over the forecast period.
One of the biggest results out of the growing prevalence of dental diseases have been the rising number of dental care facilities. The growth factor associated with the dentistry field is likely to continue in the near future. This, in turn, helps drive the dental sterilization market towards a period of growth.
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Market Segmentation
The global dental sterilization market comprises of the following segments: products and end-users.
By product type, the market includes consumables, instruments, and accessories. Among these, the instruments segment is most likely to maintain its dominance over others in terms of market share contribution during the forecast period.
By end-user, the market divides into dental laboratories and hospitals. The hospitals segment is most likely to remain the largest contributor of the two during the forecast period.
Regional Analysis
The geographical segmentation of the global dental sterilization market covers the following regions, Europe, Asia Pacific, North America, and the Rest of the World.
North America leads the chart with the highest market share percentage in the global dental sterilization market. This is primarily due to the widespread prevalence of dental-based diseases in the region and ease of availability concerning the use of advanced dental sterilization equipment. Dental caries is one of the most common requirement in dental hygiene, especially in the US, and affects close to 90% of the school-going children. All these factors are poised to make the North American market maintain its topmost standings over the forecast period.
The Asia Pacific region is considered to be an emerging region in the global landscape, however, it plays a major role in the overall development of the market. Herein, fast-paced urbanization in developing countries like India and China has incepted the adoption of Western-like diet system. This has posed to be an increasing problem for the dental health of consumers residing in the Asia Pacific region. Alongside this, the growing number of dental care centers and clinics across these countries is increasingly likely to drive the demand for the global dental sterilization market in the Asia Pacific region during the forecast period.
Competitive Analysis
The global dental sterilization market comprises of a number of key players, including Matachana Group, Planmeca Group, Danaher, A-Dec, Hu-Friedy, Scican, Tuttnaue, W&H, BMT Medical Technology, Getinge, Midmark, Dentsply Sirona, Nakanishi, Crosstex, and Premier Dental.
March 12th, 2019, Planmeca became the first-ever dental manufacturer to offer a comprehensive suite of IoT solutions for large clinics as well as clinic chains. The unique device of Planmeca makes it easy to access different sets of data and analyze the same.
March 12th, 2019, Planmeca and Navigate Surgical Technologies, aka NST, a recognized provider of real-time surgical navigation services, announced their collaboration in order to launch innovative solutions for dental implant surgeries. The partnership is promises to offer dental implant surgeons to deliver enhanced and clinical patient outcomes. The tech offers more precise and accurate implant placement.
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
