Medical Tourism Market Covering Growth Inclinations & Development Strategies until 2027

 The Recent Study Conducted by Market Research Future (MRFR), the Global Medical Tourism Market will capture an Impressive Growth Rate During the review period (2021-2027).

Key Players

Noted market players that are included in the report are Asklepios Kliniken Verwaltungsgesellschaft mbH, Shouldice Hospital, Bangkok Hospital, Bumrungrad International Hospital, Samitivej PCL, CHRISTUS MUGUERZA, Clemenceau Medical Center, Anadolu Medical Center, Prince Court Medical Centre, Fortis Healthcare, Gleneagles Global Hospitals Group, and Schoen-Kliniken. These market players are extensively profiled in MRFR's competitive analysis.

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Market Insights

Increasing costs of treatments for chronic diseases and other kinds of treatment have been highly encouraging of medical tourism. It has been a common practice in an effort to procure good treatment at lower costs. Developing economies around the world offer high-quality medical treatments which attract patients from other parts of the world. Market Research Future has published its newest report on the global Medical Tourism Market which reveals an expected and promising CAGR of  21.4% during the forecast period from 2017 to 2023. The market was found to be valued at USD 70,836.9 Mn at the start of the forecast period and is likely to grow to reach an impressive USD 226,762.7 Mn by the end of 2023.

In the US, an angioplasty treatment would cost well over USD 55,000. However, in India, the cost is a fraction of the price as USD 3,300. The drastic difference in costs has led patients in developed countries with high healthcare costs to seek treatment in countries which are emerging rapidly and have a similar medical infrastructure. The reduces waiting time for treatment in these countries is also a significant factor driving growth for the global market. Timely treatment is the key to speedy recovery. However, the prevalence of chronic diseases in some developed countries has resulted in waiting lists for treatments. These waiting lists can easily be skipped via medical tourism. Developing countries are positioning themselves as medical tourism hubs with plenty of support from local governments, thus increasing market growth. Investments in healthcare sectors of these countries have ensured high-quality treatments at comparatively low prices. Language barriers and long travel times are expected to work against market growth and challenge the global medical tourism market.

Latest Industry News

Abu Dhabi's Department of Culture and Tourism has just signed an MOU with the Medical Tourism Association to partner in its efforts to establish itself as a high-quality medical tourism destination

Cancun, Mexico, has begun development of "Health City" with the help of third-party The location of the project is situated 10 minutes from the airport and aims to increase medical tourism activities.

Market Segmentation

The global medical tourism market is segmented on the basis of type. This is divided into neurology/neurosurgery treatments, orthopedic/spine treatments, fertility/IVF treatments, cosmetic treatments, cardiovascular/cardiology treatments, oncology/cancer treatments, and dental treatments. Among these, The cosmetic treatments market is the most lucrative segment with a high demand for facial rejuvenation and breast reconstruction treatments. The cost-efficient prices at medical tourism destinations for cosmetic procedures drive the segment's growth.

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Regional Analysis

The Asia Pacific, due to a high concentration of developing economies has a 43.7% share of the market making it the market leader by regional assessment. Investments in technological advancements and state of the art medical machinery are augmenting market growth. Moreover, The region includes South Korea which is a highly popular destination for cosmetic procedures. The APAC is expected to grow at a highly promising CAGR of 22% during the forecast period. Eastern and Central Europe also represent an important regional segment which is growing rapidly and is expected to establish itself as a medical tourism destination over the forecast period.

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Calciphylaxis Market Opportunities, Business Strategy and Potential of Industry 2027

 Calciphylaxis Market Information: By Diagnosis (Deep Skin Biopsies, Blood Tests and Imaging), Treatment, (Intensive Wound Care, Medication, Therapy, and Clot-Dissolving), End User (Hospitals, Clinics, Medical Research Centers) - Global Forecast till 2027

Market Highlights

A number options are available in the market for the treatment of calciphylaxis, which is associated with hypophosphatemia, and secondary hyperparathyroidism with chronic kidney disease.  These include bisphosphonates, newer non-calcium/non-aluminum-containing phosphate binders and case reports of use of cinacalcet. Other treatments for calcific uremic arteriolopathy (CUA) that are not targeted directly at calcium/phosphate homeostasis include HBOT and the sodium thiosulphate.  The healthcare professionals have stated that randomized controlled trials for treatments in CUA are still lacking, which has restrained the growth of the market.

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Warfarin is an oral anticoagulant which inhibits the synthesis of vitamin K- dependent clotting factors. Warfarin is most commonly prescribed cardiovascular agent. However, excess use of anticoagulant increases the risk of calciphylaxis in treatment seeking population. According to the national pharmaceutical regulatory agency (2015), cases of calciphylaxis have been reported in patients on warfarin therapy. Although many of the cases reported for pre-existing renal disease. Also, in May 2016, European Medicine Agency review concluded that there is reasonable possibility between calciphylaxis and use of warfarin.

The global Calciphylaxis Market Overview is expected to grow at a CAGR of 10.70% during the forecast period 2017-2023.

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Major Players in the Calciphylaxis Market

Some of the key players in this market are Amgen Inc., Smith & Nephew plc, Medtronics, 3M, BSN Medical, ConvaTec Inc, Sanifit, and others.

Segmentation

The global calciphylaxis market is segmented on the basis of diagnosis, treatment, and end user. On the basis of the diagnosis, the calciphylaxis market is further segmented into deep skin biopsies, blood tests, imaging, and others. The deep skin biopsies are further segmented into shave biopsy, punch biopsy, and excisional biopsy. The blood tests is further segmented into serum parathormone levels, blood glucose levels, BUN (blood urea nitrogen), calcium levels, and others. Imaging is further segmented into magnetic resonance imaging (MRI), CT scan, ultrasound, and others. On the basis of the applications, the market is segmented into intensive wound care, medication, therapy, clot-dissolving, and others. Intensive wound care unit is further segmented into debridement, wet dressings, and others. The medication is further segmented into cinacalcet, sodium thiosulfate, steroids, and bisphosphonates. On the basis of end user, it is segmented into hospitals, clinics, medical research centers, academic institutes, and others.

Regional Analysis

The global calciphylaxis market consists of four regions the Americas, Europe, Asia Pacific, and the Middle East & Africa.

The Americas account for a major share of the market owing to the presence of patient population, well-developed technology, high healthcare expenditure and the presence of the leading players. Moreover, due to the high prevalence of end stage renal diseases (ESRD) on of the major cause of calciphylaxis in U.S. As per The Regents of the University of California, the rate of ESRD is increasing in the U.S. by 5% per year. The American calciphylaxis market is expected to reach USD 1,257 million by 2023 from USD 581.9 million in 2016.

Europe consists of two regions namely Western Europe and Eastern Europe. Western Europe consists of countries namely Germany, the U.K., France, Italy, Spain, and Rest of Western Europe. Increasing prevalence of cardiovascular calcification in ESRD patients is a key driver for the growth of this market in Europe. Moreover, increasing healthcare expenditure, rising research & development activities, awareness among patients about the treatment options supporting the market growth for calciphylaxis.

Asia Pacific consists of Japan, China, India, Australia, Republic of Korea, and rest of Asia Pacific. Increasing incidence of chronic kidney failure across Asia Pacific. Moreover, the growth of this segment is attributed to high population growth, increasing environmental pollution, and urbanization. Increasing incidence of calciphylaxis, improving healthcare infrastructure and rising awareness about the treatment process have spurred the growth of Asia Pacific region. 

On the other hand, the Middle East & Africa owns the minimum market share of the calciphylaxis market due to less development in the healthcare services such as new and advanced diagnosis & treatment methods in healthcare domain.

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Contract Research Organization Market Covering Growth Inclinations & Development Strategies until 2027

 The Report of Global Contract Research Organization Market by Market Research Future Covers the Information like Global New-Born Screening Market Growth, Prominent Players, Upcoming Trends, Business Analysis, chapter-wise Description followed by various user perceptions.

Key Players:

Laboratory Corporation of America Holdings, QuintilesIMS, Parexel International Corporation, Pharmaceutical Product Development, LLC, INC Research LLC, PRA Health Sciences, Inc, ICON plc and others are some of the prominent players at the forefront of competition in the Global Contract Research Organization market and are profiled in MRFR Analysis.

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Global Contract Research Organization Market   - Overview

Contract research organizations undertake research on a contract basis from their client. The rights to the work are owned ultimately by the clients who may not have the technical capabilities and capacities to perform the task on their own. Due to the large number of patents expiries, drug companies are under pressure to replace the revenue loss. The rising costs of drug development has put pressure on profit margins. On the other hand there has been an exponential growth in the skills of the contract research organizations. Thus contracting out has become an increasing attractive proposition for both clients and the contract research organization.

Additionally many governments have increased funding for research and development to combat diseases such as cancer, Alzheimer's etc. Large tax deductions for research coupled with increasing partnerships is also a big driver for the CRO market.

Segmentation

The level of R&D outsourcing will expand significantly in preclinical & clinical segment. The highly specialized nature of the segment coupled with the increasing stringency of the regulations has led to the shift. The need to reduce the costs of the clinical studies especially the phase four studies is another reason for the need to contract out the service. The Contract Research Organization Market Overview Size is in a position to bundle many contracts which reduces the costs of the study due to economies of scale. Contracting out clinical tests also eliminates the need to maintain elaborate equipment and personnel’s by the client.

Another reason is the growing importance of the supply chains and partnerships for risk sharing and cost sharing. Thus contracting out is done for quality improvement, increasing efficiency, reducing time to market a new product etc. Thus maintaining competitive advantage in today’s cut throat market has become imperative. Increasing need for highly advanced products such as targeted therapies for cancer has led companies to take advantage of contracting out their specialized needs.

However the contract research market also is facing problems such as high costs and scarcity of labour. The high value of intellectual property associated with contracting out research coupled with the fear of losing key in-house research capabilities is contracting the market. Clients are also increasingly disposed and selective towards contract researcher organizations. Contract research providers acting as tactical suppliers are losing favour, while those providing strategic partners are getting favoured. Customer flexibility and joint development of products are being favoured leading to creative contractual agreements.

Post marketing services such as regulatory affairs of drugs is becomes an increasingly specialized segment which has been moving speedily towards data management and information technology. The post marketing services will expand the CRO market due to increasing stringency of regulations and the huge cost associated with the product recalls. This has led to successful marriage between the healthcare and information technology industry. The CRO market is led by America region notably the US. The reason for the dominance of US is the large number of pharmaceutical and biotechnological companies based in the US. The high technological uptake of the US coupled with greater demand and incentives for novel advanced products is also an important factor for the dominance of the US.

Global Contract Research Organization Market   - Regional Analysis

The global CRO market is growing rapidly and it is expected it will grow with the same pace in near future. The global CRO market is further divided into 4 major region which includes the Americas, Europe, Asia-Pacific and Middle East & Africa. Americas market accounts the largest market for in 2016. While Asia-Pacific market is the fastest growing region. The factors leads to the market growth includes the growing pharmaceutical industry with companies grabbing opportunity to expand their presences all around the globe, increasing new players entering in the CRO market with resulting in high competition between the CROs and improved regulatory environment. Furthermore the low cost in developing countries for conducting clinical trial is around 40 to 60% less than compared to developed countries which is further influencing the growth the market in country.

On the other hand, expanding rivalry, quality concerns and low infrastructure in tier II organisations are a few components that hinder the development rate of the CRO market. Moreover Dependability and consumer loyalty in clinical trials data is deficient, enormously affecting the CRO market. As more settled CROs keep on growing, with dependable information and entrenched customers, the effect of this limitation is expected to reduce.

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Rickets Market 2021 Size, Business Research, Revenue, Growth Insights to 2027

 Rickets Market Research Report, By Types (Vitamin D-Related Rickets, Hypocalcemia-Related Rickets, Hypophosphatemia-Related Rickets), By Causes (Sunlight, Diet, Genetics), By Therapy (Diagnosis, Treatment), By End Users (Hospital, Clinics) - Global Forecast till 2027

Key Players

The key players for the global rickets market are Koninklijke DSM N.V. (the Netherlands), Nestlé S.A. (Switzerland), ADM Alliance Nutrition, Inc. (U.S.), Groupe Danone S.A. (France), Abbott (U.S.), and Kraft Foods Group, Inc. (U.S.), Merck & Co., Inc. (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), Pfizer (U.S.), and Sun Pharmaceutical Industries Ltd (India)

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Market Highlights

Rickets is a disorder caused by lack of vitamin D, and minerals such as calcium, or phosphate. It leads to softening and weakening of the bones. Vitamin D helps the body control calcium and phosphate levels. If the blood levels of these minerals become too low, the body may produce hormones that cause calcium and phosphate to be released from the bones. This leads to weak and soft bones. According to National Health and Nutrition Examination Survey, in 2013, 45 % people in the U.S. are suffering from vitamin D deficiency. Increasing patient population, and changing lifestyle has driven the growth of the market. Moreover, poor lifestyle and increasing geriatric population has fuelled the growth of the market. On the other hand, high cost of the treatment may slow the market growth.

The global Rickets Market Share is expected to grow at a CAGR of 9.86% during the forecast period.

Segmentation

The global rickets market is segmented on the basis of types, causes, therapy, and end users.

On the basis of types, the market is segmented vitamin D-related rickets, hypocalcemia-related rickets, hypophosphatemia-related rickets, and others. Vitamin D-related rickets is further segmented into vitamin D deficiency, and vitamin D-dependent rickets. Hypophosphatemia-related rickets is further segmented into congenital, hypophosphatemia, fanconi's syndrome, and others.

On the basis of causes, the market is categorised into sunlight, diet, genetics and others

On the basis of therapy, the market is segmented into diagnosis and treatment. Diagnosis is further segmented into blood tests, bone density scan, radiography, and others. Treatment is subsegmented into diet & sunlight therapy, supplementation, and others.

On the basis of end users, the market is segmented into hospital, clinics, and others.

Regional Analysis

The Americas dominate the global rickets market owing to a large patient population, strong government support for research & development, and high healthcare spending. According to National Health and Nutrition Examination Survey, the number of patients in the U.S. suffering from vitamin D deficiency is increasing continuously. Additionally, changing lifestyle and poor diet has fuelled the growth of the market.

Europe has the second leading market in global rickets market which is followed by Asia Pacific. Asia Pacific is the fastest growing market for Rickets. As per statistics, the U.K and Germany has a huge number of patients suffering from vitamin D deficiency. Asia Pacific rickets market is majorly driven by Indian and China owing to a huge patient pool, and continuously developing healthcare sector have fuelled the growth of the market.

The Middle East and Africa contribute the least in the growth of global rickets market. The Middle East dominates the market for The Middle East and Africa. The UAE, Saudi Arabia, and Kuwait are expected to drive the Middle East market. Africa holds the least share of the global market due to limited availability of medical facilities and poor economic condition. However the growth of the Africa market is high due to the presence of opportunities for the development of the market.

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Global Conjugate Vaccine Market 2021 Size, Trends, Industry Analysis, Leading Players & Future Forecast by 2027

 Global Conjugate Vaccines Market Research Report, By Type (Haemophilus B, Monovalent, Multivalent, And Others), By Indication (Influenza, Pneumococcal, Meningococcal, And Others) By End Users (Pediatrics And Adults) - Global Forecast Till 2027

Segmentation

The global conjugate vaccine is segmented on the basis of type, indication, and end users. On the basis type it is segmented into Haemophilus B, monovalent, multivalent, and others. On the basis of indication, it is segmented into Influenza, Pneumococcal, Meningococcal, and others. On the basis of end users, it is segmented into pediatrics and adults.

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Market Highlights

Conjugates vaccines are formed by covalently bonding a weak antigen to the strong antigen, it boosts the hosts’ immune response. Major conjugate vaccines are haemophilus influenza type B (Hib) vaccine, pneumococcal vaccine, and meningococcal vaccine. Vaccines are given to children to prevent transmission of diseases through infections and seasonal variation. Young children are more susceptible to infection that drives growth of the market. Moreover, increasing government support is expected to fuel the market’s growth during the forecast period. The effectiveness of vaccine conjugates and need more advanced research, which may hinder the growth of the market during the forecasted period.

The global Conjugate Vaccine Market Analysis is expected to grow at a CAGR of 10.5% during the forecast period 2017-2027.

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Major Players in Conjugate Vaccine Market

Some of the key players in the global market are GlaxoSmithKline plc. Merck & Co., Inc. (U.S), Fablife. (India), SutroVax Inc.(U.S), Sanofi Pasteur SA.(France), Pfizer Inc. (U.S), Sinovac Biotech Ltd. (China), IDT Biologics GmbH, GreenSignal Bio Pharma Limited (India), Taj Pharmaceuticals Limited (India), and Bavarian Nordic(US).

Regional Analysis

The global conjugate vaccine market consists of four regions which includes Americas, Europe, Asia Pacific, and the Middle East & Africa.

America is the largest market in the world due to the major initiatives taken by the government for vaccination against numerous diseases as well as excellent management of public awareness programs. Europe is the second largest market owing to increasing emphasis on and availability of funds for research and development. Moreover, advances in medical science, awareness about vaccination against more and more diseases than in the past are major driving factors for the growth of this market. Increasing vaccination programs by government, increase in the geriatric population, government’s initiatives and increase in research and development activities together favor growth of this market.

Asia Pacific is the fastest growing market due to governments in developing countries of Asia Pacific undertaking various vaccinations programs to educate people about vaccination. For instance, India is expected to be the fastest growing market in this region due to government focusing more on research and development in life sciences domain. The market shows steady growth in Middle East & Africa due to the demand of vaccine conjugates which is less than other regions across the globe.

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Conjugate Vaccine Market Growth Analysis, Industry Trends, and Forecast by 2027

 Global Conjugate Vaccines Market Research Report, By Type (Haemophilus B, Monovalent, Multivalent, And Others), By Indication (Influenza, Pneumococcal, Meningococcal, And Others) By End Users (Pediatrics And Adults) - Global Forecast Till 2027

Segmentation

The global conjugate vaccine is segmented on the basis of type, indication, and end users. On the basis type it is segmented into Haemophilus B, monovalent, multivalent, and others. On the basis of indication, it is segmented into Influenza, Pneumococcal, Meningococcal, and others. On the basis of end users, it is segmented into pediatrics and adults.

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Market Highlights

Conjugates vaccines are formed by covalently bonding a weak antigen to the strong antigen, it boosts the hosts’ immune response. Major conjugate vaccines are haemophilus influenza type B (Hib) vaccine, pneumococcal vaccine, and meningococcal vaccine. Vaccines are given to children to prevent transmission of diseases through infections and seasonal variation. Young children are more susceptible to infection that drives growth of the market. Moreover, increasing government support is expected to fuel the market’s growth during the forecast period. The effectiveness of vaccine conjugates and need more advanced research, which may hinder the growth of the market during the forecasted period.

The global Conjugate Vaccine Market Analysis is expected to grow at a CAGR of 10.5% during the forecast period 2017-2027.

Taste the market data and market information presented through more than 105 market data tables and figures spread over 115 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “conjugate vaccine market research report–Global forecast till 2027.”

Major Players in Conjugate Vaccine Market

Some of the key players in the global market are GlaxoSmithKline plc. Merck & Co., Inc. (U.S), Fablife. (India), SutroVax Inc.(U.S), Sanofi Pasteur SA.(France), Pfizer Inc. (U.S), Sinovac Biotech Ltd. (China), IDT Biologics GmbH, GreenSignal Bio Pharma Limited (India), Taj Pharmaceuticals Limited (India), and Bavarian Nordic(US).

Regional Analysis

The global conjugate vaccine market consists of four regions which includes Americas, Europe, Asia Pacific, and the Middle East & Africa.

America is the largest market in the world due to the major initiatives taken by the government for vaccination against numerous diseases as well as excellent management of public awareness programs. Europe is the second largest market owing to increasing emphasis on and availability of funds for research and development. Moreover, advances in medical science, awareness about vaccination against more and more diseases than in the past are major driving factors for the growth of this market. Increasing vaccination programs by government, increase in the geriatric population, government’s initiatives and increase in research and development activities together favor growth of this market.

Asia Pacific is the fastest growing market due to governments in developing countries of Asia Pacific undertaking various vaccinations programs to educate people about vaccination. For instance, India is expected to be the fastest growing market in this region due to government focusing more on research and development in life sciences domain. The market shows steady growth in Middle East & Africa due to the demand of vaccine conjugates which is less than other regions across the globe.

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Global Needle Biopsy Market 2021 Size, Trends, Industry Analysis, Leading Players & Future Forecast by 2027

 Needle Biopsy Market Share, Growth And Trends Analysis By Type (Fine-Needle Aspiration Biopsy, Core Needle Biopsy, Vacuum-Assisted Biopsy, Image-Guided Biopsy) By Utility (Disposable, Reusable), By Applications (Tumor, Infection, Inflammation, Others) - Global Forecast Till 2027

Global Needle biopsy Market Players:

Key players profiled in the report are Boston Scientific Corporation, Cook Medical, CareFusion Corporation, Hologic, Inc., and Cardinal Health, Inc., Medax, C. R. Bard, Inc., Möller Medical GmbH, Becton, Dickinson and Company, Hakko co. ltd., Kompass, Argon Medical Devices, Inc. and others.

Test the market data and market information presented through more than 50 market data tables and figures spread over 80 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Needle biopsy Market” Research Report – Forecast till 2023.

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Market Highlights

The Needle Biopsy Market Trends is chiefly driven by product development and the fall in prices of raw materials and components. The increasing cases of cancers and growing usage of biopsy needles is driving the market. Companies should focus on improving the distribution efficiency so as to reduce the pressures on prices due to huge market fragmentation. Distributional agreements between large players and advanced products such as multilayer needles will be extremely beneficial. The emergence of needle biopsy is estimated to pose the greatest threat to the biopsy needle market. Needle biopsy offers non-invasive diagnostic tests for detecting cancer as it used liquids such as blood, urine, saliva etc. to detect malignancy. Increasing automation will enhance the capabilities of needle biopsy and it may substitute the needle biopsy procedures. Real time progression of cancers is also possible in needle biopsy which raises the level of threat it possess to needle biopsy. The falling cost of products due to greater market fragmentation and the emergence of Chinese companies is expected to put additional pressures on prices.

In our estimates vacuum assisted needle biopsy will be the fastest growing segment. The increasing screening rates for cancers through the world will stimulate the market. Among the various cancers, breast cancer is expected to generate the largest use of needle biopsy. Needle Based Biopsy Guns is another lucrative strategy that is being pursued by many players. Core needle biopsy has a higher efficiency and detectability rate than fine needle aspiration biopsy. There is increasing bias to use core needle biopsy in combination with needle aspiration biopsy to achieve highest sensitivity and detectability. Thus, the two tests are complementary, and the effectiveness rate is highest with both tests are done together.

The growing stringent regulation and standards for medical devices, and the increasing uncertainty about reimbursement in the US are threatening the growth of the market.

Segmentation:

The global needle biopsy market is segmented on the basis of type and applications. Based on type, the market has been segmented as fine-needle aspiration biopsy, core needle biopsy, vacuum-assisted biopsy and image-guided biopsy. Based on the utility, the market has been segmented as disposable and reusable. Based on the applications, the market has been segmented as tumor, infection, inflammation and others.

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Saudi Arabia Medical Devices Market By Key Vendors, Regions, Trends with Industry Study & Forecast to 2027

 Saudi Arabia Medical Devices Market Information, by Product type (Monitoring Devices, Diagnostic devices, Diagnostic Molecular Devices, Drug delivery devices, Surgical Devices, Bio implants and Stimulation Devices, Automation and Robotics and Others), by Therapeutic Application (General Surgery, Diagnostic Imaging, Respiratory, Orthopedics, Cardiovascular, Dental, Neurology, Ophthalmology, Ear-Nose-Throat (ENT), Nephrology and Urology, and Others) and by End User (Hospitals, Ambulatory and Home) - Forecast to 2027

Market Highlights:

A medical device is any instrument, appliance including any software, biologic or non-biologic material, to be used for the diagnostic or therapeutic use for management of diseases and disorders.

The medical device industry witnessed one of the fastest growth propelled by innovation and rapid uptake of technologies. The medical devices industry has also resulted in the successful fusion of information technology and healthcare. Technology and product development remain the main pillars for the growing market for medical devices. The market involves two segments one high-tech devices with extreme sophistication and another is the low tech improved devices. The high tech segment such as diagnostic imaging devices is witnessing higher rates of growth. The low tech segment is also growing at a good rate but has witnessed growth in developing regions as the market for these in developed regions is stagnant. The other market driving factors are rising public healthcare expenditure in Saudi Arabia, development of large hospitals such as King Faisal hospital in Riyadh, demand for noninvasive therapy etc.

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The market constraints are strict and ambiguous regulatory framework, growing concern for security especially data security, differential availability between developed and developing regions, connectivity issues in Saudi Arabia, the interference Sharia courts etc.

The future developments will include cloud integration, connected healthcare devices and growing demand for personalized medical wearable devices. Healthcare mobile applications will also lead the market.

Saudi Arabia Medical Devices Market:

The Saudi Arabia Medical Devices Market has been evaluated as a growing market and it is expected that the market will touch high growth figures in future. The Saudi Arabia medical devices market is expected to grow with CAGR of ~9.5 % during the forecast period. The growth will be primary channeled by the rising public healthcare expenditure. The falling crude oil revenues will be a future threat to the market.

The major participants of this market are: Johnson & Johnson, General Electric, Medtronic, Koninklijke Philips Electronics NV., Baxter Internationa, Fresenius Medical Care AG & Co., Cardinal Health, Al-Salehiya Medical Estableshment, Saudi Pharmaceutical Industries & Medical Appliances Corporation (SPIMACO), Al Amin Medical Instruments Company (AMICO), Al Faisaliah Medical Systems (FMS), Siemens Ltd and others.

Segmentation:

Saudi Arabia medical devices market has been segmented on the basis of product type which comprises monitoring devices, diagnostic devices, diagnostic molecular devices, drug delivery devices, surgical devices, bio implants and stimulation devices, automation and robotics and others. On the basis of therapeutic application; market is segmented into general surgery, diagnostic imaging, respiratory, orthopedics, cardiovascular, dental, neurology, ophthalmology, ear-nose-throat (ENT), nephrology and urology, and others. On the basis of end users; market is segmented hospitals, ambulatory, home and others.

Regional Analysis:

The healthcare sector of Saudi Arabia is divided between private and state. The public healthcare expenditure accounts for approximately 75% of total health expenditure in 2014. Local manufacturing represents a poor outlook which is limited to consumables and ordinary articles. The government has established some of the best hospitals in the region such as King Faisal specialist hospital and research center, Riyadh military hospital, Saudi Arabia’s National Guard health affairs hospital etc. Saudi Arabia is extremely dependent on imports for medical devices and imports account for approximately 92% of total market for medical devices. U.S. medical device suppliers dominate the scenario with European vendors in the second position. Among the regions of Saudi Arabia Riyadh tops the healthcare expenditure list followed by Tabuk, Makkah and Madina.

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Ulcerative Colitis Market Report Growth, Size, Demand, Trends and Forecast 2027

 Global Ulcerative Colitis Market Information, by type (Ulcerative Proctitis, Proctosigmoiditis, Left-Sided Colitis, Pancolitis or Universal Colitis, and Fulminant Colitis), by Medication (5-Aminosalicylates, Steroids, Purine Analogs, Immunomodulators, and Biologics) - Forecast to 2027

Key Players:

Key players profiled in the report are Allergan, Inc., AbbVie Inc., Takeda Pharmaceutical Company Limited, and Bayer AG, UCB S.A., Perrigo Company plc, Pfizer Inc., Johnson & Johnson Services, Inc., Ferring B.V., Janssen Biotech, and Merck

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Market Highlights

The global Ulcerative Colitis Market has been evaluated as growing market and expected that the market will reach high growth figures in the coming future. Ulcerative colitis is a type of inflammatory bowel disease (IBD) that usually affects the lower section of body such as sigmoid colon and the rectum. Belly pain or cramps, diarrhea and bleeding from the rectum are some of the common symptoms of the diseases. According to CDC, the worldwide incidence of ulcerative colitis is between 0.5 to 24.5 cases per 100,000 persons per year. The reappearance of the disease’s symptoms is also high. According to Colitis Foundation of America, about 30% of the people on remission are expected to suffer from the disease flare-up in the future following the treatment and remission.

Major factors leading to the growth of the market includes increasing prevalence of ulcerative colitis, higher preference for symptomatic therapeutic, better treatment of inflammatory bowel diseases, arrival of enhanced drugs and healthier investments in R&D programs. Increasing patient pool with unmet needs, new drugs entering the market, increasing global incidence & prevalence rate, and increasing investments towards research in small molecules are some of the other factors leading the market growth. Blockbuster drugs losing patent protection and growing the propensity for generic drugs are turning out to be restraints for the market. The lack of curative therapy and personalized therapy and medication are big opportunities for the market.

North America is expected to account for the largest share of the global Ulcerative Colitis Market Value Size in 2016, followed by Europe, the region will continue to lead the pack during the forecast period. In Asia-Pacific, China leads the market. Economic development and improvement of healthcare facilities are propelling the growth of the market. The entry of Simponi and Entyvio is likely to petrol the growth of the market. However, Humira which lost its patent in 2016 and Remicade, which will lose its patent in 2018 and will not have a positive impact on the market.

Segmentation:

Global Ulcerative Colitis Market is segmented on the basis of types and medication. Based on types, the market is segmented as ulcerative proctitis, proctosigmoiditis, left-sided colitis, pancolitis or universal colitis, and fulminant colitis. Ulcerative proctitis is expected to command the largest market share during the forecast period. Further on the basis of medication the market is classified into 5-aminosalicylates, steroids, purine analogs, immunomodulators, and biologics. Biologics are expected to command the largest market. Steroids drugs are expected to grow at the highest CAGR during the forecast period.

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Top Trends in Brain Monitoring Market 2021 – 2027 by Growth Factors and Industry Players Overview

 Extensive Study of “Brain Monitoring Market” Research Report is added on MarketResearchFuture.com with Latest Advancement. Detail analysis on possible segments with sub segments of the Bone Wax Market. - Forecast till 2027

Key Players

Some of the key players in the Global Brain Monitoring Market Forecast are Advanced Brain Monitoring, Philips Healthcare, GE Healthcare, Siemens Healthineers, Nihon Kohden Corporation, Medtronic, Drägerwerk AG & Co. KGaA, Neurosoft, Integra LifeSciences Corporation, and Olympus Corporation, among others.

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Market Highlights

According to MRFR analysis, the X-Ray system segment in the Global Brain Monitoring Devices Market held the largest market share and is expected to reach USD 14,668.99 Million by 2025.

The increasing miniaturization and affordability of sensors and circuitry have led to the growing level of innovation in the area of wearable and microsensor solutions for health monitoring. This enables the development of solutions that can be used to measure complex health outcomes in non-specialist and remote settings. Further, in this study innovations related to brain monitoring including portable and wearable solutions to directly measure brain electrical, activity, and solutions measuring aspects related to brain function such as sleep patterns, gait, cognition, voice acoustics, and gaze analysis are analyzed to understand the technological advancements in the global and regional scenario.

Segmentation

The Global Brain Monitoring Devices Market has been segmented based on Type, Application, and End User. The market, based on type, has been divided into X-Ray, Electromyography (EMG), Intracranial Pressure (ICP), Magnetoencephalography (MEG), Transcranial Doppler (TCD), Magnetic Resonance Imaging (MRI), Computerized Tomography (CT), Positron Emission, Tomography (PET), Electroencephalograph (EEG), Sleep Monitoring, Cerebral Oximeters, Accessories. On the basis of application, the market is segmented into Headache Disorders, Sleep, Disorders, Parkinson’s Disease, Epilepsy, Huntington's Disease, Traumatic Brain Injury (TBI), Stroke, Dementia. Further on the basis of end-user, the market is segmented into Hospitals & Clinics, Ambulatory Surgical Centers, Neurological Centers, Diagnostics Centers, and others.

Regional Analysis

The Global Brain Monitoring Devices Market, on the basis of region, is divided into the Americas, Europe, Asia Pacific, and the Middle East and Africa. The Americas accounted for the largest market share in the global brain monitoring devices market. The large share is majorly attributed to the presence of major manufacturers, increasing technological advancement in brain monitoring, increasing neuroradiologists and neurosurgeons, and a large number of individuals suffering strokes among others

Europe accounted for the second-largest market share whereas Asia Pacific is expected to grow at the fastest CAGR for the forecasted period. With lots of opportunities and rapidly growing economies, Asia-Pacific is expected to be the fastest-growing regional market. Factors such as recent healthcare developments, improving economies, disposable income per individual, and increased healthcare spending are influencing the growth of the market. The Middle East and Africa with less economic developments and extremely low income accounted for the least market share in 2018 but is expected to grow with the increasing number of cases of neurological disorder and increasing demand for better treatments in the region.

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Global Vascular Stents Market 2021 Industry Analysis, Share, Growth, Trends and Forecast 2027

 MarketResearchFuture.com added new report of “Vascular Stents Market”. It contains Company information, geographical Segmentation, in-depth Table of Content, and List of figures, data tables, Various Company Leaders & market synopsis up to 2027

Global Vascular Stents Market – Overview

Vascular stents are tiny tube like medical devices which are places into blood vessels or arteries to open the blockage in the vessels. Vascular stent is the valuable tool for the treatment of the different coronary diseases. Global Vascular Stents Market are used to widen the narrow vessels so as to minimize the chances of heart attack and chest pain. These stents are prepared from variety of material. According to the WHO, approximately 18 million people died from cardiovascular diseases in 2014. Increasing number of people suffering from cardiovascular diseases is responsible for the driving the market. Additionally, globally 39% of adults aged 18 years and over were overweight whereas 13% were obese. Technological advances and increasing obese population is also contributed in the growth of the market. Other advantages like low risk of infection and short recovery time will also drive the market. However availability of alternative therapy and high cost of ventricular stents may restrain the growth of the market.

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Global Vascular Stents Market   - Competitive Analysis

Boston Scientific Corporation (US), Abbott Laboratories (US), Medtronic, Plc (UK), Cook Medical (US), Biotronik se & co. kg (Germany), B. Braun Melsungen AG (Germany), Cordis (US), Lombard Medical Technologies (UK), Translumina GmbH (Germany), MicroPort Scientific Corporation (China), Terumo Corporation (Japan), Vascular Concepts (India), W.L. Gore & Associates (US), Meril Life Sciences Pvt. Ltd. (India) are some of the prominent players at the forefront of competition in the Global Vascular Stents Market and are profiled in MRFR Analysis.

Many companies are focusing on research and development activity to improve the vascular stent products.  Major companies are focusing on the development of biodegradable stents to overcome the disadvantages of other available stents. Some major has adopted strategies of acquisitions and strategic alliances for the growth of the market.

Abbott Laboratories is one of the leading healthcare company headquartered in US. In June 2016, FDA has approved the Absorb bioresorbable Stent for heart. This stents is completely dissolve in the body and used in the treatment of heart complications. Company’s Esprit bioresorbable vascular scaffold is under clinical trials.

December, 2016 - Lombard Medical and MicroPort Scientific Corporation announced strategic partnership and investment agreement. This partnership allowed Lombard Medical to accelerate commercialization in global market with its two key products i.e Aorfix and Altura AAA. Aorfix, the only stent graft to hold global approvals to treat abdominal aortic aneurysms (AAA) with aortic neck angles up to 900, and Altura, a highly innovative stent graft that offers a simple and predictable treatment option for standard abdominal aortic aneurysms anatomy.

Boston Scientific Corporation is a global manufacturer and developer of medical devices headquartered in US. PROMUS Element Plus Stent, REBEL Stent System, SYNERGY Stent are some of the major products of the company. In 2014, company has launched Promus PREMIER Everolimus-eluting Platinum Chromium Coronary Stent System in Asia Pacific region. In 2015, worldwide sales of the company’s drug-eluting coronary stents were $1.074 billion as compared to $1.151 billion during 2014.

Medtronic is a medical device manufacturer headquartered in UK. It is the world's largest standalone medical technology development company. In 2015 company has develop Stent Graft System System for Endovascular Repair of Thoracoabdominal Aortic Aneurysms. Earlier company’s Resolute Drug-Eluting Stent has shown a very good performance in Diabetic Patients with Heart Disease. Medtronic market was increased by 7% in 2016 compared to 2015.

Cook Medical is an US headquartered company involved in the manufacturing of the medical devices. Approach, Bird's Nest, Advance are some of the major product of the company.

Global Vascular Stents Market   - Regional Analysis

Geographically, the global vascular stents market is segmented into four regions. Of which North America commands market for vascular stents due to increasing obese population in North America is the major factor for the growth of the market. Beside this increasing people suffering from various cardiovascular diseases and lack of exercise also contributed in the growth of the market. Europe accounts second largest vascular stents market. While Asia Pacific is the fastest growing market due to rapid development in technology and a huge patient suffering from different vascular diseases. However, The Middle East and Africa has the lowest market for medical robotics because of limited development in medical field.

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Erythropoietin Drug Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2027

 Market Research Future (MRFR)’s study Reveals that the “Global Erythropoietin Drug Market”, the report offers detailed Analysis about the Top Trends and Current Scenario with competitive landscape and key regions development status.

Global Erythropoietin Drug Market – Overview

Erythropoietin drugs are also known as hematopoietin. It is a glycoprotein hormone that controls erythropoiesis or production of RBC. They are used in treatment of different diseases like cancer, chronic renal diseases, AIDS, anaemia and many more. Increasing prevalence of diseases like cancer, AIDA and renal diseases are the major drivers for the growth of the erythropoietin market. Moreover, introduction of new drugs and different government initiatives for research fuels the market growth during the forecast period. However, high cost of treatment along with the related side effects of the may restrain the growth of market growth during the forecast period.

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Erythropoietin Drug Market is growing with the rapid pace. According to a recent study report published by the Market Research Future, global erythropoietin drug market is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2023).

Global Erythropoietin Drug Market - competitive Analysis

Hoffmann-La Roche (Switzerland), Johnson & Johnson (US), Amgen (US), Kyowa Hakko Kirin, Intas Pharmaceuticals (India), Teva Pharmaceutical Industries Ltd. (Israel), Biocon (India), Emcure Pharmaceuticals (India), Celltrion, Inc. (South Korea), Hospira (US), Dahua Pharmaceutical (China), LG Life Sciences Ltd. (Korea), 3SBio, Boehringer Ingelheim (US), BIOSIDUS (Argentina) are the prominent players at the forefront of competition in the Global Erythropoietin Drug Market  and are profiled in MRFR Analysis.

Characterized by the presence of several well-established and small players, global erythropoietin drug market appears to be a highly competitive and fragmented market. International players who are increasingly expanding their footprint in the developing economy, making it difficult for regional vendors to compete with them, especially in terms of features product portfolios, quality, and pricing.  The market is witnessing intensified competition which is expected to get more intensified further during the forecast period. The intense competition prevalent in the market dictates the consolidation among marketers.

Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position.

Amgen Inc. is one of the major player in the global erythropoietin drug market and is headquartered in the US. In April-2017, Amgen Inc. expanded their commercial collaboration with Novartis for erenumab, which is being investigated for the prevention of migraine. This expanded commercial collaboration was built on a global neuroscience collaboration in Alzheimer's disease and migraine established in 2015 between Novartis and Amgen. This expanded collaboration leveraged Novartis' strong and established presence in neuroscience to more effectively reach people with migraine.

In Jan-2017, Sanofi and Boehringer Ingelheim confirmed that the strategic transaction signed in June 2016, which consisted of an exchange of Sanofi’s animal health business (Merial) and Boehringer Ingelheim’s consumer healthcare (CHC) business, has been successfully closed in most markets on January 1st 2017.  This closing marks the successful outcome of the business swap which started with exclusive negotiations in December 2015. The closing of the acquisition of Merial in Mexico and the Merial and CHC swap in India have been delayed pending receipt of certain regulatory approvals but both are expected to close early 2017.

In Aug-2016, Teva Pharmaceutical Industries Ltd. and Allergan plc completed their acquisition of Allergan’s generics business. This strategic acquisition brought together two leading generics businesses with complementary strengths, R&D capabilities, product pipelines and portfolios, geographical footprints, operational networks and cultures. The result is a stronger, more competitive Teva, well positioned to thrive in an evolving global marketplace, to realize the opportunities the very attractive global and U.S. generics markets offer.

Global Erythropoietin Drug Market - Regional Analysis

The Americas leads global erythropoietin drug market due to a well-developed healthcare sector, huge patient population and rising healthcare expenditures within the region. The Americas is followed by Europe in the presence of the similar factors facilitating the market growth within the region. Asia Pacific is the fastest growing region due to a huge patient population and continuously growing healthcare sector by the developing economies like India and China. Additionally, rising government support facilitates the market growth within the region. On the other hand, Middle East & Africa have the least share of the market, especially due to the presence of the presence of poor economies and stringent government policies within the African region.

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Global Circulating Tumor Cell Market 2021 Size, Trends, Industry Analysis, Leading Players & Future Forecast by 2027

 Circulating Tumor Cell (CTC) Market Share, Growth and Trends Analysis By Application (Research, Drug Development), Technology (CTC Enrichment, CTC Detection), End-User (Hospital & Clinics, Research & Academic Institutes, Diagnostic Centers) - Global Forecast Till 2027

Key Players:

Key players in this market for Circulating Tumour Cells Market are ApoCell, Inc. (US), Biocep Ltd. (Israel), Fluxion Biosciences, Inc. (US), Biocept, Inc. (US), Biofluidica Microtechnologies LLC (US), Creatv Microtech, Inc. (US), Celltraffix Inc. (US), Clearbridge Biomedics (Singapore), Janssen Diagnostics LLC (US), Cynvenio Biosystems, Inc. (US), STEMCELL Technologies, Inc. (Canada), Epic Biosciences Inc. (US), Ikonisys, Inc. (US), IVDiagnostics, Inc. (US), ScreenCell (France), RARECELLS SAS (Italy), Epic Sciences (US), QIAGEN Hannover GmbH (Germany), Celula (US), Advanced Cell Diagnostics (US) and  AdnaGen (Germany)

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Global Circulating Tumour Cells Market – Overview

The Cell search in Circulating Tumor Cell Market Size test is a uncertain blood test that supports oncologists in assessing the diagnosis of patients with metastatic breast, prostate or colorectal cancer. The Cell search test is the only FDA approved test for Circulating Tumour Cells (CTC) valuation. Each result of the Cell search test executed are tested by both a cytotechnologist and a pathologist to authenticate the quality. Adding to this, pathologists and scientists are always accessible for consultation. These tests are majorly used for Circulating Tumour Cells (CTC) for Breast Cancer by Cell Search, Circulating Tumour Cells (CTC) for Colorectal Cancer by Cell Search, Circulating Tumour Cells (CTC) for Prostate Cancer by Cell Search.

Further recent developments in healthcare technology now permit vigorous and reproducible exposure of circulating tumour cells (CTCs) from a simple blood test. Standardization in methodology have been influential in assisting multicentre trials with the purpose of evaluating the clinical utility of circulating tumour cells CTCs. Studying the current body of proof supporting the prognostic value of circulating tumour cells CTC enumeration in breast, prostate and colorectal cancer, using consistent approaches, and studies assessing the correlation of circulating tumour cells CTC number with radiological outcome. The exploitation of circulating tumour cells (CTCs) in cancer management, nevertheless, it is now extending beyond prognostication. As technologies develop to illustrate circulating tumour cells CTCs at the molecular level, biological information can be obtained in real time, with the promise of serving as a ‘surrogate tumour biopsy. Current studies by healthcare specialists lighten the potential of circulating tumour cells CTCs as pharmacodynamic and predictive biomarkers and possibly their use in revealing drug resistance in real time. Methodologies for circulating tumour cells CTC classification are summarized and the potential of circulating tumour cells CTCs in cancer patient management illustrated via the revealing of epidermal growth factor receptor mutations from circulating tumour cells CTCs in patients with non-small cell lung cancer. The prospect to learn more about the biology of metastasis with the help of circulating tumour cells CTC analysis is now being recognized with the horizon of circulating tumour cells CTC-guided development of novel anticancer therapies.

Competitive Analysis:

In the News

In November 2017: Epic Sciences, Inc. announces the release of its breast cancer single-cell profiling panel. This epics breast cancer panel is the most complete breast cancer biomarker panel available for classification of circulating tumour cells (CTCs) within a blood sample. Moreover, multiple biopharma and academic institutes are vigorously utilizing the panel as a clinical research tool to analyse the influence of dozens of novel and standard of care therapies in context to biochemical drivers of disease progression.      

Furthermore, in addition to measuring modifications in CTC’s circulating tumour burden, the panel examines clinically relevant hormone receptor status, genomic drivers, and novel morphologic signatures for homologous recombination deficiency (HRD) and heterogeneity on every circulating tumour cells (CTC) individually.  These biomarkers cover an enormous percentage of therapeutic classes presently working on clinical trials. The panel design permits flexibility of analysis based upon the needs of the clinical research being employed.

Further in November 2017 Clearbridge BioMedics and Leica Biosystems had an partnership to Co-market Automated Solutions for Circulating Tumor Cell (CTC) Analysis. This is precisely for the Clearbridge BioMedics ClearCell FX CTC enrichment system and the Leica Biosystems BOND RX staining platform. This new partnership provides an incorporated and mechanised workflow for circulating tumour cells CTC enrichment and immunostaining, improving on major challenges in circulating tumour cells CTC liquid biopsy testing, such as handling and standardization.

The ClearCell FX System is an automatic circulating tumour cells CTC enrichment system, powered by the patented CTChip FR1 microfluidics biochip. Using a label-free method, the ClearCell FX System retrieves wholly-intact and feasible CTCs from a standard blood draw. The gentle categorisation principle retains high cell integrity and cell surface antigen expression. This coupled with single-step CTC retrieval, provides a seamless integration into pathology lab workflows.

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