Cell Therapy Market 2021 - Industry Potential, Historical Analysis and Forecasts Till 2027

 Market Highlights

The global cell therapy market is estimated to be valued at USD 20,217.00 million by 2023 and is expected to register a CAGR of 22.36% during the forecast period.

The autologous segment is expected to lead the market and register a substantial CAGR to reach USD 11,554.67 million by the end of 2023. Autologous cell therapy is a branch of regenerative medicine. It involves biologic cell-based therapies to cure various diseases related to oncology, dermatology, and neurology, among others. Autologous cell therapy is anticipated to hold a significant share of the market as compared to allogeneic cell therapy

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Americas accounted for the largest market share of 37.6% in 2017, and the regional market is projected to register a CAGR of 21.45% during the forecast period. North America is one of the leading markets in the region, accounting for the largest market share during the review period.

Key Players:

Market Research Future (MRFR) recognizes Mesoblast Ltd, Vericel Corporation, Osiris Therapeutics, Inc, JCR Pharmaceuticals Co., Ltd, NuVasive, Inc., Pharmicell Co., Ltd, RTI Surgical Holdings, Inc., AlloSource, Holostem Terapie Avanzate S.r.l., Medipost Co., Ltd as the key players in the global cell therapy market

Segment Analysis

By type, the global cell therapy market has been classified as autologous and allogeneic. Autologous cell therapy is anticipated to hold a significant share of the market as compared to allogeneic cell therapy.

Based on product, the global cell therapy market has been classified as consumables (vessel/media/serum/reagent), equipment, software & other services. The increasing occurrences of infectious diseases are the major factor which is likely to drive the growth of the consumables segment during the forecast period.

On the basis of technique the global cell therapy market has been classified as stem cell therapy, cell vaccine, adoptive cell transfer (act), fibroblast cell therapy and chondrocyte cell therapy.

By technology the global cell therapy market has been classified as viral vector technology, cell immortalization technology, and genome editing technology.

Based on cell source the global cell therapy market has been classified as bone marrow, adipose tissue, and umbilical cord blood-derived cells. The rising demand for bone marrow transplantation in the treatment of ischemic heart diseases is expected to drive market growth.

On the basis of application the global cell therapy market has been classified as oncology, cardiovascular disease (CVD), orthopedic and wound healing.

The global cell therapy market has also been segregated, based on end user, into hospital & clinics, regenerative medicine centers, and research institutes.

Regional Analysis

Geographically, the global cell therapy market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. As per MRFR analysis, North America holds the largest market for cell therapy in 2017 and is expected to remain dominant during the review period. Europe accounted for a significant market share and is projected to be the second-largest market during the forecast period. The rise in the demand for cell therapy for the treatment of oncology is a major driving factor for the growth of the cell therapy market in Europe.

Key Findings of the Study:

The global cell therapy market is projected to reach over USD 20,217.00 million by 2023 at a 22.36% CAGR during the review period of 2018 to 2023.

Americas accounted for the largest market share with North America being the major contributor to the growth of the market.

The autologous segment is projected to register the highest CAGR of 22.00% during the forecast period.

Key manufacturers are adopting geographic expansions, corporate acquisitions, and product launches as growth strategies. Moreover, they are focusing on e-commerce for distribution.

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Laparoscopy Devices Market 2021 – Leading Manufactures, Regions, Drivers, Analysis and Forecasts Till 2027

 Market Overview

The global laparoscopy devices market will grow at a CAGR of 8.30% during the forecast period 2018 to 2023. The market for laparoscopy devices is set to reach US$17,206.32 million by 2023. As per laparoscopy devices market analysts, the global market is anticipated to witness growth owing to the factors such as increasing demand for minimally invasive surgeries as well as the expanding geriatric population. However, the laparoscopy devices market will face challenges and restraints due to the lack of expertise and post-impact of laparoscopy procedures during the forecast period 2018 to 2023.

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Increasing funding and favorable policies in the laparoscopy devices market will support the growth. As per laparoscopy devices market analysts, the laparoscopy devices market-based companies will face certain challenges during the forecast period 2018 to 2023. The laparoscopy devices market research report provides in-depth analysis of the application, end-user, and product segments. The laparoscopy devices market research report presents factors such as the shortage of trained healthcare professionals for laparoscopic procedures that could slow down the laparoscopy devices market's growth.

Competitive Landscape

Laparoscopy devices have seen tremendous growth, due to the surging demand for minimally invasive surgeries and The growing awareness about minimally invasive surgeries. However, concerns regarding the post-impact of the laparoscopic surgery and unfavorable policies and complex regulations would challenge the companies active in the laparoscopy devices market. Furthermore, companies using growth strategies to stay ahead in the global laparoscopy devices market are expected to help the market during the forecast period 2018 to 2023. As the laparoscopy devices market report suggests that the laparoscopy devices market will register a CAGR of 8.30% and reach a US$17,206.32 million by 2023, the market report highlights key areas laparoscopy devices market based companies need to focus on. The laparoscopy devices market research report projects a long term growth till 2023. Based on laparoscopy devices market’s analysis on the basis of SWOT and Porters’ Five Force Model, the laparoscopy devices market will rise during the forecast period 2018 to 2023, however the companies need to move ahead with caution. The laparoscopy devices market research report highlights such key areas.

Market Segmentation

The laparoscopy devices market has been segmented into application, end-user, and product. Based on the segment which is application, the market is categorized on the basis of bariatric surgery, colorectal surgery, general surgery, gynecological surgery, urological surgery, and others. The global market for laparoscopy devices is further segmented based on end-user into ambulatory centers, hospitals and clinics, and specialty centers. Furthermore, the market, on the basis of product is segmented into access devices, energy devices, handheld instruments, insufflation devices, internal closure devices, laparoscopes, suction/irrigation devices, trocars, and others.

The laparoscopy devices market report offers comprehensive study of the laparoscopy devices market segments including application, end-user, and product. The analysts have also studied the laparoscopy devices market's spread across the regional markets across many of the laparoscopy devices market’s segments at country levels. The application, end-user, and product segments spread across the laparoscopy devices market along with the subsegments are studied. The global market for laparoscopy devices is spread across various product and service based segments. The laparoscopy devices market research report highlights these key segments and offers forecasts based on primary and secondary data. The global laparoscopy devices market research report presents key company profiles of organizations active across the laparoscopy devices market.

Regional Overview

The lack of trained healthcare professionals may hinder the laparoscopy devices market growth. The laparoscopy devices market research report suggests that companies in the laparoscopy devices market could be supported by the rising demand for data-integrated systems  as well as the presence of untapped market opportunities during the forecast period. The laparoscopy devices market is set to register growth at a high CAGR owing to these key factors. The laparoscopy devices market is spread across North America, Europe, Asia-Pacific, and other parts of the world. As per laparoscopy devices market analysts, the laparoscopy devices market is set to witness tremendous growth across application, end-user, and product segments. The global laparoscopy devices market’s North American region covers laparoscopy devices markets across the United States, Mexico, Canada, and others. Businesses present in the laparoscopy devices market are also profiled and their strategies have been presented in detail in the laparoscopy devices market research report.

The laparoscopy devices market across the European region covers Italy, France, Germany, and the United Kingdom. Furthermore, the laparoscopy devices market research report provides details about the APAC region covering laparoscopy devices markets from China, India, Australia, Japan, and others. The laparoscopy devices market is also active across several other parts of the world. The laparoscopy devices market report covers all these key regions including the Middle East, Africa, Brazil, and others active in the global laparoscopy devices market..

Industry News

Teleflex Inc. purchased Trendlines International Ltd.'s Innolap Surgical Ltd. portfolio firm. Israeli company Innolap is building a laparoscopic scarcity technology platform. Its system is designed to reduce the width of the incision and to almost eliminate laparoscopy stitches. It is estimated that in the United States there are 4 million laparoscopic operations per year. The US industry laparoscopic resection technology is projected to hit a turnover of 775 million dollars in 2014, as per the Frost & Sullivan study.

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Enteral Feeding Devices Market Assessment and Therapeutics Analysis Forecasts 2027

 Market Highlights

The global enteral feeding devices market to reach value of USD 4426.0 Million by 2027 and is projected to grow at a CAGR of 5.3% over the forecast period. Enteral feeding is the direct delivery of nutrients into the gastrointestinal tract (GIT) via a tube which is placed into the duodenum, jejunum or stomach through mouth, nose or percutaneous route. Major factors driving the market growth are globally growing geriatric population coupled with the rising burden of chronic diseases, increasing shift from parenteral to enteral nutrition, and mounting incidence of preterm births. For instance, according to the World Health Organization (WHO), in 2001, chronic diseases contributed around 60% of the 56.5 million total reported deaths across the world and approximately 46% of the global burden of disease, which is projected that, by 2020, chronic diseases will account for almost three-quarters of all deaths worldwide. In contrast, complications associated with enteral feeding devices including inadvertent dislodgement of tubes and stringent reimbursement policies are anticipated to restrain the market growth during the next five years. Mounting technological advancement in feeding pumps such as enhanced portable pump designs with reduced risk of complications and is augmenting the market growth.

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Key Players

Some of the spearheading players in the global enteral feeding devices market are Medtronic plc, Cook Medical, B. Braun Melsungen AG, Abbott Laboratories, Boston Scientific Corporation, Becton, Dickinson and Company (BD), Fresenius Kabi AG, Danone Nutricia, Nestlé, CONMED Corporation, Moog, Inc., Halyard Health, Inc., and Vygon SA.

Segmentation

The global Enteral Feeding Devices Market has been segmented into product, age group, indication, end user, and region.

By product, the market has been segmented into enteral feeding tubes, enteral feeding pumps, enteral syringes, administration sets, and consumables. The enteral feeding tubes segment is further categorized into enterostomy feeding tubes, nasoenteric feeding tubes, and oroenteric feeding tubes. The enterostomy feeding tubes segment is additionally divided into gastrostomy tubes, jejunostomy tubes, and gastrojejunostomy tubes. The nasoenteric feeding tubes segment is further classified into nasogastric feeding tubes, nasojejunal feeding tubes, and nasoduodenal feeding tubes. The enteral feeding pumps segment is expected to dominate the market throughout the forecast period due to low risk of complications with the use of feeding pumps, enhanced portable pump designs, and the increasing adoption of pumps in hospitals and home care settings.

On the basis of age group, the market has been divided into adults and pediatrics.

By indication, the market has been classified into cancer, gastrointestinal diseases, diabetes, neurological disorders, hypermetabolism, and others. The cancer segment is further categorized into gastrointestinal cancer, head & neck cancer, liver cancer, pancreatic cancer, esophageal cancer, and others.

Based on end user, the market has been categorized into hospitals, home care settings, and ambulatory surgery centers (ASCs).

Regional Analysis

The global enteral feeding devices market has been segmented by region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. Based on region, the Americas would command the market over the forecast period pertaining to the presence of sophisticated medical and healthcare infrastructure and market value contributors, changing lifestyle, and the rising burden of cancer, and other noncommunicable diseases (NCDs). The American Cancer Society stated that in 2018, about 9,220 new cases of colon cancer have diagnosed in the US.

Europe would be the second-largest value contributor in the enteral feeding devices market owing to the Asia-Pacific would represent the profitable market growth during the forecast period due to growth in geriatric population, rising incidence of oral cancer, and increasing awareness about enteric feeding devices, and surging number of hospital admissions in China, India, Japan, and Australia. The World Health Organization stated that in 2018, the incidence of oral cancer was within the top three of all cancers in a few Pacific Asian countries.

The Middle East & Africa has the least share of the global enteral feeding devices market. In addition, the major market share of the region would be held by the Middle Eastern region due to developing healthcare system and medical infrastructure in the Arab countries.

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Clinical Trials Market Expected High Revenue and competitive Landscape- Forecast to 2027

 Key Players:

Charles River Laboratories, Paraxel International Corporation, Quintiles IMS, ICON plc, SGS SA, Eli Lilly and Company, Novo Nordisk A/S, Clinipace, Laboratory Corporation of America, Pfizer and Others are some of the major players for global clinical trials market.

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Segmentation:

The Global Clinical Trials Market is segmented on the basis of phase, study design, indication and end users. On the basis of the phase, the market is categorized into phase I, phase II, phase III, and phase IV. On the basis of study design, the global clinical trials market is segmented into interventional, observational and expanded access. On the basis of indication, the global clinical trials market is segmented into autoimmune/inflammation, pain management, oncology, central nervous system (CNS) condition, diabetes, obesity, cardiovascular and others. On the basis of the end-user, the market is segmented into dental hospitals & clinics, dental institutes and dental academic and research institutes.

Clinical Trials Market - Highlights

Clinical trial is research study which involve people (healthy volunteers or patients) to test the safety and efficacy of a new treatment or medicine. In healthcare industry clinical trials are performed for medicine, medical devices which includes hearing aid and surgical procedure. The key factors driving the clinical trial industry includes rising prevalence of diseases, high R&D expenditure of the pharmaceutical industry, and growth of new treatments such as personalized medicine is supporting to grow the market.

However, factors such as lack of skilled workforce clinical research, lower healthcare reimbursement in the developing countries and stringent regulations for patient enrollment, hinder the market growth.

Regional Analysis:

On the regional basis, the global clinical trial market in the Americas is segmented into two major regions, i.e., North America and Latin America. The North American region is likely to hold the major share in the global clinical trial market owing to the presence of well-established healthcare sector, growing prevalence of high diseases and also increasing funding from government. Additionally, the Asia-Pacific region is anticipated to be the fastest growing region due to increasing geriatric population with either one or more disease and favorable environment such as low operating cost, skilled technician and increasing healthcare facilities provides favorable scenario for the market growth.

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Medical Terminology Software Market Professional Survey Forecasts by 2027; Exclusively Available at MRFR

 Segmentation:

The global medical terminology software market is segmented on the basis of product & service, application, and end user.

The Medical Terminology Software Market, by product & service, is categorized into services and platforms.

Based on application, the medical terminology software market is segmented into data aggregation, reimbursement, public health surveillance, data integration, decision support, clinical trials, quality reporting, and clinical guidelines.

On the basis of end user, the market is segmented into healthcare providers, healthcare payers, and healthcare IT vendors. The healthcare providers subcategory is further divided into healthcare service providers and health information exchanges. The healthcare payer’s subcategory is further divided into private payers and public payers

Key Players:

Some of the key players in the global medical terminology software market are

• Wolters Kluwer
• 3M
• Intelligent Medical Objects
• Apelon
• Clinical Architecture
• CareCom
• Bitac
• B2i Healthcare
• BT Clinical Computing
• and HiveWorx

Medical Terminology Software Market: Highlights

It is estimated that the global medical terminology software market is expected to register a CAGR ~20% during the forecast period of 2018–2023.

Medical terminology software industry will witness a strong growth it is beneficial in enhancing the efficiency of a laboratory by providing operators with increased inventory control and tracking, including greater flexibility to address changing needs of the laboratory and business conditions.

The rising focus on minimizing medical errors, government initiatives for HCIT adoption, and disparity and fragmentation in the terminology content of healthcare organizations are anticipated to fuel the growth of the market. On the other hand, the restricted access to systems in emerging countries is expected to hamper the growth of the market.

The global medical terminology software market is conquered by several players. The key players are involved in new product launches, as well as strategic collaborations to brace their position in the market. For instance, in 2016, Wolters Kluwer (Netherlands) announced a partnership with HealthCore, Inc., (US), a clinical outcomes research subsidiary of Anthem, Inc. (US), to provide data normalization services to the California Integrated Data Exchange through its health language enterprise terminology management platform. This initiative is anticipated to open new avenues for the firm to cater to the untapped markets in this region.

Regional Analysis:

The Americas is expected to hold a major share in the global medical terminology software market can be attributed to the growing demand for accurate data exchange between healthcare providers and payers to streamline workflows in the region.

Europe is expected to hold the second largest share in the medical terminology software market due to the increasing need to maintain data integrity is expected to provide further growth opportunities for market players in the coming years.

Asia-Pacific was projected to be the fastest growing region for the global medical terminology software market due to the high adoption of HCIT technologies, regulatory requirements regarding patient safety. The Middle East and Africa holds the least share in the market due to fewer initiatives taken by the government.

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Radiofrequency Ablation Devices Market Research by Key Types and Major Application, Analysis and Forecasts Till 2027

 Market Highlights

The global radiofrequency ablation devices market is expected to grow at an approximate CAGR of 11.2% during the forecast period of 2018–2023. Factors such as the advantage of radiofrequency ablation over other ablation medical procedures, the success rate of radiofrequency are driving the growth of the market. Moreover, complications such as acute respiratory distress syndrome where success rates are low and burning sensation at the treatment site of tissue are some of the factors hindering the growth of the market.

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Key Players

Some of the key players in the global radiofrequency ablation devices  market are Boston scientific corporation, Medtronic Inc, Stryker, Cosman Medical, Inc., St. Jude Medical, Smith & Nephew, Johnson & Johnson (J&J) services, LLC, Angiodynamics, RF Medical Co, Ltd, AtriCure, Inc., and others

Segmentation

The global Radiofrequency Ablation Devices Market is segmented on the basis of type, application, and region.

On the basis of the type, the global radiofrequency ablation devices market is segmented into Unipolar radiofrequency ablation and Bipolar radiofrequency ablation. By application, the global radiofrequency ablation devices  market is categorized into Surgical Oncology, Cardiology and Cardiac Rhythm Management, Gynecology, Cosmetology, Pain Management

Regional Analysis

The Americas dominates the global market for radiofrequency ablation devices owing to the growing geriatric population, increase in cancer cases, an increase in clinical research within the region. Additionally, the increasing awareness about the cardiology treatment and presence of developed economies and healthcare sector within the region drives the market growth during the forecast period. In 2017, it was estimated that Europe stood second in the global radiofrequency ablation devices market due to the increasing prevalence of gynecology, cosmetology, pain management, and others. Asia-Pacific was the fastest growing region for the global radiofrequency ablation devices market in 2017. Factors such as increased innovation and awareness about the available treatment methods fuel the market growth within the region.

On the other hand, the Middle East and Africa hold the least share in the global radiofrequency ablation devices market. The presence of poor economies and low per capita income, especially within the African region make the market to lag within the region. A majority of the market share within this region is estimated to be held by the Middle East.

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Veterinary/Animal Vaccines Market Diagnosis, Treatments and Global Key Players 2027

 Prominent Vendors:

The prominent vendors competing within the global Veterinary/Animal Vaccines Market include IDT Biologika GmbH (Germany), MSD & Co. Inc (US), Zoetis (US), Virbac (France), Ceva (US), Elanco (US), Boehringer Ingelheim International GmbH (Germany), Biogenesis Bago SA (Argentina), Phibro Animal Health Corporation (US), Hipra (Spain), and others.

Latest Developments:

May 2019: Brilliant Bophirima (India) is set to expand its animal vaccine portfolio, by making huge investments to increase its focus on animal health by offering nutrition-dense products, along with various other medication-based products in the offered range.

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Market Segmentation:

The global veterinary/animal vaccines market has been segmented into type, and technology.

Based on type, the veterinary/animal vaccines market has been segmented into livestock vaccines, porcine vaccines, companion animal vaccines, poultry vaccines, and aquaculture vaccines. The livestock vaccines segment was the largest segment of the veterinary/animal vaccines market in 2017, valued at USD 1,558.94 million in 2017.

On the basis of technology, the global veterinary/animal vaccines market has been segmented into live attenuated vaccine, inactivated vaccines, recombinant vaccines, and toxoid vaccines.

Growth Factors and Key Restraints:

Animal vaccines are the best option for controlling transmission diseases, offering protection to not just the animals but to the human health as well, a highly crucial factor when it comes to the public dependency on animals. As animals are the primary source of meat, food, protein, milk, and various other commercial products like wool and leather, their wellbeing is essential to the economy. The veterinary vaccines that have the most common use are foot & mouth diseases vaccines, equine influenza virus vaccines and rabies vaccines, which are known for preventing the transmission of infectious agents as these are similar to the naturally acquired immunity.

The continuous advancement of vaccines goes hand in hand with the emergence of a variety of animal diseases, in terms of curbing them, which many of the research centers and other medical institutes are currently working on. Also, the growth in pet ownership has given a substantial push to the growth of the market in recent years.

On that note, the growth of the animal vaccines market is expected to be steady in the coming years as a result of the rise in the pet ownership in emerging countries along with the surging number of cattle & poultry in these economies around the world. In addition, the expanding investment for research and development (R&D) of vaccines that curb the growth of antibiotic-resistant organisms is poised to bring lucrative results for the animal vaccines market in the foreseeable future. To illustrate, Elanco had made an investment of about two-thirds of the budget for food‐animal unit in 2016, for the development of vaccines as well as for bringing down the use of antibiotics. Apart from this, the growing demand for animal vaccines is giving rise to companies introducing a variety of new vaccines. Citing a reference, in February 2017, Cevac IBron had been developed by Ceva which protects the animal against infectious bronchitis virus (IBV).

But with the abysmal awareness levels regarding animal health, the animal vaccine market could take a hit during the review period. Nevertheless, the ongoing advancements in vaccine products and the hike in the production of animal vaccines, particularly for hybrid animals are predicted to ensure that market has a smooth run over the years to come.

Regional Analysis:

The global veterinary/animal vaccines market, based on region, is divided into the Americas, Europe, Asia Pacific, and the Middle East and Africa.

The Americas is on track to be the leading market in the worldwide veterinary/animal vaccines market, as the region has high potential that could influence the trends of the animal vaccines market. The growth in pet ownership as well as the increasing incidence of various zoonotic diseases has brought about this transformation in the market dynamics in the region. In addition to this, the continuous research based on cutting-edge vaccine production technology has had a boost in recent times owing to the heightened demand for animal-based food products along with companion animals.

Growing at the fastest rate, Asia Pacific is one of the prominent regions within the global veterinary/animal vaccines market on account of the augmented efforts by non-governmental organizations for the welfare of animals, elevated number of private veterinary clinics, growing awareness regarding animal welfare, and rising penetration of the veterinary sector.

The Europe market benefits from factors like the expanding livestock population and subsequent increase in the breakouts of livestock diseases; surge in the adoption rate of companion animals; growing initiatives by a number of government agencies, rising incidence of zoonotic diseases; and emergence of the latest types of vaccines within the region.

Finally, the least share has been accrued by the Middle East & Africa in the global veterinary/animal vaccines market, owing to lack of technological advancements and disinterest in animal welfare. However, the growth of the market in Saudi Arabia is expected to be substantial during the evaluation period as a result of the rising number of pet owners, burgeoning livestock population and the sharp rise in disease outbreaks.

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Hemostasis and Tissue Sealing Agents Market 2021 World Legend Industry Overview, Analysis and Forecast 2021 to 2027

 Market Highlights

The global hemostasis and tissue sealing agents market is projected to grow at a CAGR of 8.6% over the forecast period. There has been increasing demand for such products as it reduces complication during surgical procedures. Moreover, large number of surgical procedures across the globe are impacting the growth of the market positively. Increasing numbers of surgery procedures worldwide is one of another reason for driving the growth of the hemostasis and tissue sealing agents market.  Surgeries are performed by making cut on the body which leads to the wound formation. Hemostasis and tissue sealing agents products are used in external surgical processes for reducing bleeding. For example, they are used in neurosurgical procedures, cardiac surgery, bariatric surgery, leg surgery, cesarean and orthopedic surgery. Hemostasis and tissue sealing agents products, are frequently used to reduce complexity and reduce recovery time after surgery. The high surgical procedure numbers lead to rising need for hemostasis and tissue sealing agents which reduces the risk during surgical procedures. However, factors such as increasing advancement minimally invasive procedures, lack of reimbursement for these products is hampering the growth of the market

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Key Players

Some of the prominent players in the global hemostasis and tissue sealing agents market are Johnson & Johnson, Cryolife, Inc., Baxter International, Inc, Ethicon LLC, Integra Lifesciences Corporation, Becton, Dickinson & Company, Cohera Medical, Inc., Pfizer, Inc, Medtronic plc, B. Braun Melsungen AG, MIL Laboratories Pvt. Ltd, Advanced Medical Solutions Group Plc and others.

Segmentation

The global Hemostasis and Tissue Sealing Agents Market has been segmented into product, and end user.

By product, the market has been segmented into topical hemostats, and adhesive & tissue sealant. Furthermore, topical hemostats is divided into Active, mechanical (collagen based hemostats, cellulose based hemostats, gelatin based hemostats, polysaccharide based hemostats) Flowable. Adhesive & tissue sealant is further segmented into synthetic, natural, and adhesion barrier.

Further on the basis of end user the market is bifurcated into hospitals, ambulatory centers and others

Regional Analysis

Geographically, the Americas is anticipated to dominate the global hemostasis and tissue sealing agents market owing to the high clinical R&D budgets by both government as well as public and private organizations, presence of major manufacturers for the products, high number of surgical procedures and various others. For instance, according to the Center for Diseases Control and Prevention, approximately 46.5 million surgical procedures are performed every year in the U.S.

Europe is expected to hold the second largest position in the global hemostasis and tissue sealing agents market. The Hemostasis and tissue sealing agents market in Asia-Pacific region consists of countries namely China, Japan, Republic of Korea, India, Australia and Rest of Asia-Pacific. The Asia-Pacific region is expected to be fastest growing region owing to increased medical tourism for surgical procedures, increasing healthcare expenditure in developing countries and various others. The Middle East & Africa has the lowest share of the global hemostasis and tissue sealing agents market. Majority of the market of the region is anticipated to be held by the Middle East region owing to the growing government initiatives for the healthcare sector.

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Transdermal Drug Delivery Systems Market SWOT Analysis, Key Players, Analysis and Forecasts Till 2027

 Transdermal Drug Delivery Systems Market Overview:

Transdermal Drug Delivery Systems (TDDS) are used to administer medications through the skin to the circulatory system. TDDS deliver drugs at a predetermined rate and maintain sufficient concentrations clinically to ensure a quick response. TDD devices are commonly used for pain management and during treatments of chronic diseases like cardiovascular diseases, cancer, and diabetes.

The transdermal drug delivery systems market is growing rapidly over recent years, mainly due to the growing geriatric population and the prevalence of chronic diseases. Moreover, rapid advancements and increasing adoption of transdermal drug delivery technology are expected to accelerate the growth of the market during the forecast period.

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Market Research Future (MRFR) states that the global transdermal drug delivery systems market had created a value of USD 5,400.2 MN in 2017. This market value is expected to appreciate at a double-digit CAGR of 11.8% throughout the forecast period (2018 – 2023). Increasing cancer cases is a major driving force pushing upmarket growth.

Furthermore, the increasing occurrence of needle-stick injuries and growing uses of biologics are driving market growth. Substantial investments drawn in the R&D to develop advanced TDD systems are boosting the growth of the market, significantly. Additionally, spreading awareness, improving outcomes & patients’ experience, and beneficial reimbursement policies impact the market growth, positively.

 On the other hand, side effects of TDD systems usages such as edema & irritation and the triviality of these delivery systems such as variation in adhesion to different skin types, impede the growth of the market. Moreover, the drug entry imposed by the skin’s impermeability restricts the usages of TDDS. Also, drugs that require high blood levels can’t be administered through TDDS as it is limited only to potent molecules. Factors as such are thereby anticipated to affect the market growth over the forecast period.

Major Players:

Players leading the Transdermal Drug Delivery Systems Market include Mylan N.V., Hisamitsu Pharmaceutical Co., Inc., Novartis International AG, Boehringer Ingelheim International GmbH, GlaxoSmithKline PLC, Johnson & Johnson Services, Inc., Endo Pharmaceuticals Inc., UCB S.A., Pfizer Inc., Allergan plc., Actelion Pharmaceuticals Ltd, and Noven Pharmaceuticals, Inc., among others.

Transdermal Drug Delivery Systems Market – Segments

The report is segmented into four market dynamics to widen the scope of understanding,

By Product: Transdermal Patches (Drug-In-Adhesive Patches, Matrix Patches, Reservoir Membrane Patches, and Microneedle Patches) and Transdermal Semisolids (Gels, Ointments, and Sprays), among others.

By Technology: Electric Current, Iontophoresis, Electroporation, Ultrasound, Microporation, Thermal, among others.

By Application (HRT):  Pain Management, Cardiovascular Diseases, Hormone Replacement Therapy, Central Nervous System Disorders, Smoking Cessation, and Contraception, among others.

By Regions                                          : Europe, North America, APAC, and the Rest-of-the-World (RoW).

Transdermal Drug Delivery Systems Market – Geographical Analysis

North America dominates the global transdermal (percutaneous) drug delivery systems market with the largest market share. Factors such as the presence of major market players and developed healthcare infrastructure drive the growth of the regional market. Moreover, surging numbers of research activities related to transdermal drug delivery systems and comparatively higher adoption of TDD systems in the US and Canada impact the regional market growth, positively.

Besides, the highest GDP helps North America to have the edge over other regions in terms of every aspect, including healthcare and technology. Additionally, huge patient pool suffering from chronic diseases such as cardiovascular diseases alongside the presence of geriatric population and development in medical technology is supporting the growth of the market. The US, backed by the high per capita healthcare expenditures, contributes to the growth of the regional market, significantly.

Europe takes the second-leading position in the global transdermal drug delivery systems market. The phenomenal growth in the pharmaceutical industry and the presence of pharma giant companies such as Novartis International AG, Mylan N.V., Boehringer Ingelheim International GmbH, and Allergan plc., bolster the regional market growth. The resurging economy is playing a vital role in market development, allowing the proliferation of the healthcare sector in the region.

Germany, heading with its flourishing medical devices markets, hugely contributes to the growth of the regional market. Furthermore, the UK and France with the increasing investment in transdermal drug delivery systems drive the regional market at a large scale. The Europe TDDS market is estimated to register a phenomenal CAGR during the review period.

Transdermal Drug Delivery Systems market in the Asia Pacific region is growing rapidly. This growth attributes to the vast patient population and the rising economy in countries such as China, Japan, South Korea, and India. Furthermore, the increasing demand for quality devices in healthcare and rapidly developing healthcare technology is expected to lead the market growth in the APAC region.

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Medical Imaging Workstations Market Analysis by Key Type and Applications, Industry Growth Factors and Business Forecast 2027

 Overview:

The recent prediction of the Market Research Future (MRFR) regarding the growth of the Global Medical Imaging Workstations Market suggests a likelihood for the market to attain 8.5% CAGR during the forecast period (2018-2023).

The market is making substantial headway owing to its ability to provide simpler workflow which requires less amount of manpower. The efficacy of the market is superior to the traditional ways. Hence, the market is getting percolated into the mainstream healthcare system.

The medical imaging workstations market can expect excellent growth in the coming years as the healthcare sector can substantially back it up with technological support from both the IT sector and advancing technologies implemented for the instrument-making. Modernization of the healthcare system in developing countries also hold much promise for the medical imaging workstations market growth. But the high cost of devices could stall the projected rise in some regions. However, contributions from governments and private sectors can make a difference and allow profitability to get back on track.

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Competitive Landscape:

MRFR enlists Accuray Incorporated, Fujifilm Holdings Corporation, Hologic, General Electric Company, Ampronix, Canon, Alma Medical Imaging, Capsa Solutions LLC, Carestream Health, Carl-Zeiss Meditec AG, Koninklijke NGI Group, Philips N.V., Medicor Imaging, Pie Medical Imaging B.V. Siemens AG and others as influential medical imaging workstations market players in their report on the same.

In 2019, Fujifilm launched their new product Bellus II digital mammography workstation which would be a perfect one for FFDM and DBT image management. The new product offers multi-modality support, advanced image visualization functions, and processing. This would enable stress-free mammography diagnosis, and the workflow would become easier.

Segmental Analysis:

MRFR attempted to ease the global Medical Imaging Workstations Market analysis by segmenting it by modality, component, usage mode, application, and end-user in their latest report on the said market. The detailed analysis opens up a path to understand the market in the coming years.

Based on the modality, the medical imaging workstations market comprises computed tomography, ultrasound, ultrasound, mammography, MRI (Magnetic Resonance Imaging), radiography, and others. The MRI segment has a substantial hold over the healthcare sector and can ensure growth for market growth.

Based on the component, the medical imaging workstations market can be segmented into visualization software, central processing units, display units, display controller cards, and others. The visualization software segment would soar high in the coming years owing to the facility it provides in better diagnosis.

Based on the usage mode, the medical imaging workstations market comprises thin client workstations and thick client workstations.

By application, the medical imaging workstations market consists diagnostic imaging, clinical review, and advanced imaging.

Based on the end-user, the medical imaging workstations market includes hospitals, diagnostics centers, ambulatory centers, and others. The hospitals segment is to grow substantially owing to its better infrastructural facilities.

Regional Analysis:

MRFR’s region-specific analysis of the medical imaging workstations market includes the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

Owing to superlative infrastructure and high investment capacity of the people are features shouldering the premier spot of the market of the Americas. The region is expected to gain a further boost from governments and private investors to better their research and development facility. At the same time, reimbursement policies of insurance companies are helping the regional market in their growth.

Europe’s medical imaging workstations market is the second largest, and the credit goes to government initiatives and superior infrastructure. However, the APAC market is all set to grow with the fastest CAGR during the forecast period.

The regional market can attribute the growth to increasing demand for technologically advanced imaging devices, improving healthcare infrastructure and others. Economic growth is also a major issue that is substantially backing this rise of the AAPC market. The Middle East & Africa is expected to make a small contribution to the global medical imaging workstations market. The Middle East is going to score more in the region. The rise of Africa would be hindered owing to the presence of several poor economies.

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Intraocular Lens Market Professional Survey Forecasts by 2027; Exclusively Available at MRFR

 Intraocular Lens Market to Gain from Improving Reimbursement Scenario

Intraocular lens are medical devices that are implanted within the eyes so as to mimic the function of natural eye lenses. Intraocular Lens are used for corrective purposes. Market Research Future (MRFR) has launched a new report on the global Intraocular Lens Market Analysis and has projected a CAGR of 5.43% over the forecast period of 2018-2023. The intraocular lens market was valued at USD 3.54 Bn in 2017.

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The growth of the intraocular lens market is stemmed from rising occurrence of various ophthalmic disorders such as astigmatism, presbyopia, near-sightedness (myopia), and others. Cataract being the most common eye disorder also generates the need for corrective surgery, which boost the demand for the product. Consumers are increasingly adopting advanced intraocular lens technology to eliminate the need for glasses. Rise in geriatric and diabetic population is also a key factor enhancing the growth of the market. Diabetic and elderly people are generally prone to cataract and other ophthalmic issues. Other factors favoring the growth of the market include rise in the level of awareness and improving reimbursement scenario.

On the other hand, the market growth might be hindered by high cost of intraocular lens, lack of proper reimbursement, and dearth of skilled medical professionals.

Competitive Landscape

Oculentis GmbH, Alcon, Inc., Eyekon Medical, Inc., Aurolab, Rayner Intraocular Lenses Limited, PhysIOL, STAAR Surgical Company, HOYA Corporation, Nidek Co., Ltd., Carl Zeiss Meditec, Johnson & Johnson Vision Care, Inc., Bausch + Lomb, Lenstec, Inc., Humanoptics AG, and Ophtec BV are the key players in the intraocular lens market.

Industry Updates

August 2019 - Alcon, a leading medical device specializing in eye care products, launched AcrySof IQ PanOptix Trifocal Intraocular Lens (IOL) in the US. The new intraocular lens is approved by the US Food and Drug Administration (FDA) and is clinically proven to provide a near, intermediate and distance vision combination. The product is said to reduce the need for glasses after surgery.

Segmentation

The Intraocular Lens Market has been segmented based on type, material and end user.

By type, the intraocular lens market has been segmented into monofocal intraocular lens, multifocal intraocular lens, accommodating intraocular lens, phakic intraocular lens, and others.

By material, the intraocular lens market has been segmented into hydrophobic acrylic, hydrophilic acrylic, polymethylmeth-acrylate (PMMA), and others.

By end user, the intraocular lens market has been segmented into hospitals, ophthalmic clinics, ambulatory surgical centers, and others.

Regional Analysis

Region-wise, the intraocular lens market has been segmented into the Americas, the Middle East & Africa (MEA), Europe, and Asia Pacific (APAC).

The Americas is dominating the global intraocular lens market. High incidence rate of cataract and the presence of a massive pool of patients suffering from diabetes is favoring the growth of the market. High healthcare expenditure, availability of advanced treatment options and skilled surgeons, and the affinity for advanced treatment options are other factors driving the growth of the market. The rising geriatric population in the region is also a key factor supporting the growth of the market. A flourishing medical device industry and favorable reimbursement landscape which leads to heightened demand for eye corrective surgeries can also be credited for the growth of the market.

The Europe intraocular lens market is driven by the presence of a well-established healthcare system and increasing awareness regarding advanced treatment options. Insurance coverage is also a crucial determinant of the market growth.

APAC is poised to be the fastest-growing intraocular lens market. Surging incidence rate of cataract and other ophthalmic disorders, along with the rising geriatric population is fueling the market growth. Government initiatives to spread awareness, the launch of various healthcare schemes, and improving reimbursement scenario is also boosting the growth of the market. The key market players are also foraying into the APAC market to tap the huge growth prospects offered by the region, which has reflected positively on the growth of the market.

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Interventional Neurology Market Forecasts by Global Industry Revenue and Demand Analysis in 2021 MRFR Report

 Interventional Neurology Market Highlights:

The global interventional neurology market is expected to expand at a strong 7.8% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). Detailed forecasts regarding each segment of the Interventional Neurology Market are provided in the report to enable informed decision making on the part of players operating in the market. The economic environment of the interventional neurology market is also examined in the report to provide readers indications on how various economic factors are likely to interact with the interventional neurology market in the coming years.

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Interventional neurology is a subset of neurology that deals with interventionist procedures used to ameliorate, stop, and treat neurological conditions. The use of minimally invasive, image-guided techniques in the interventional neurology field is a major factor acting on the global interventional neurology market. The use of minimally invasive techniques is expected to grow in the coming years thanks to the growing awareness about their benefits over conventional techniques. Further research and development in the field of minimally invasive interventional neurology, leading to more techniques and improvements in existing techniques, is also likely in the coming years due to the growing awareness about minimally invasive interventional neurology techniques and the growing demand for minimally invasive techniques from patients.

The increasing incidence of neurological conditions such as stroke is likely to be a major driver for the interventional neurology market over the forecast period. Environmental factors such as the increased stress associated with living in urban environments and the increasing prevalence of sedentary lifestyles are also likely to play a part in the increasing prevalence of neurological disorders in the coming years, leading to a growing demand from the interventional neurology market.

Competitive Analysis:

Leading players in the global interventional neurology market include Cook Medical, B. Braun Melsungen AG, W. L. Gore & Associates Inc., Merit Medical Systems Inc., Microport Scientific Corporation, Penumbra Inc., Terumo Corporation, Medtronic plc, Stryker Corporation, Boston Scientific Corporation, Johnson & Johnson, and Abbott Laboratories.

Major players in the interventional neurology market are likely to focus on the development of more capable minimally invasive techniques in the coming years. Noninvasive imaging techniques for diagnosis and prevention of neurological conditions are likely to remain a highly lucrative revenue generation channel for players in the interventional neurology market in the coming years.

Segmentation:

The global interventional neurology market is segmented based on disease pathology, product, end user, and region.

The global market for interventional neurology is segmented by disease pathology into cerebral aneurysms, arteriovenous malformation and fistulas, ischemic strokes, and others.

By product, the interventional neurology market is segmented into aneurysm coiling & embolization devices, cerebral balloon angioplasty and stenting systems, neurothrombectomy devices, and support devices. The aneurysm coiling & embolization devices segment is further classified as embolic coils, flow diversion devices, and liquid embolic agents. The embolic coils segment includes bare detachable coils and coated detachable coils. The cerebral balloon angioplasty and stenting systems segment is further classified as carotid artery stents and embolic protection systems. The embolic protection systems segment includes distal filter devices and balloon occlusion devices. Neurothrombectomy devices are further classified as clot retrieval devices, suction and aspiration devices, and snares. The support devices segment is further classified as microcatheters and microguidewires.

Based on end user, the market is segmented into hospitals & clinics, ambulatory surgical centers, research & academic institutes, and others.

Regional Analysis:

The Americas dominated the global interventional neurology market in 2017, followed by Europe, mainly due to the strong presence of major players in the market and the rising geriatric population in these regions. The growing healthcare sector in Asia Pacific is expected to make it the fastest growing regional market over the forecast period.

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Biologics Market Regional Outlook, End User, Top Key Players, Competitors, Share Analysis and Forecast to 2027

 Biologics Market Overview:

Biologics, also known as biopharmaceuticals, are medicines that are extracted or semi-synthesized using biological sources including body cells of human, animals, and microorganisms through biotechnology. Biologics can be composed of proteins, sugars, and nucleic acids or complex combinations of these substances, living cells or tissues.

Completely different from synthesized pharmaceuticals, Biologics refers to a range of medicinal products including vaccines, blood components, somatic cells, tissues, a recombinant therapeutic protein, and living cells. Drugs produced using biologics are used in the treatment of an array of chronic diseases.

Owing to the burgeoning healthcare sector that is proliferating vigorously over the past decades, the biologics market is too growing rapidly. The rising regulatory convergence and better access to healthcare led by improving economic conditions worldwide are key driving forces behind the market growth. Moreover, the huge demand for biologics in the production of pharmaceuticals and vaccines is escalating the market on the global platform.

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Considering the exponential traction, the Biologics Market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the global biologics market will reach a valuation of USD 285,520.4 MN by 2023, registering a CAGR over 6.95% throughout the forecast period (2018-2023).

Additional factors supporting the market to grow rapidly, include the growing incidences of chronic diseases and their diagnoses across the globe, increased availability of advanced diagnostic procedures, rising government initiatives in healthcare, and the growing technological advancements in research. Also factors such as the expansion of key producers and the investments they made in R&D for the incremental innovation and to sustain competition foster the market growth to an extent.

On the other hand, factors such as the challenges occurred during the manufacturing of biologics are expected to impede the market growth over the forecast period. Nevertheless, factors such as the increasing awareness for technologically advanced medical procedures and drugs and higher spending power are expected to support the market growth throughout the assessment period.

Major Players:

Key players leading the global biologics market include Pfizer Inc. (U.S.), AbbVie, Inc. (U.S.), AstraZeneca (U.K.), F. Hoffman-La Roche AG (Switzerland), Novartis AG (Switzerland), Bayer AG (Germany), Sanofi (France), Amgen (U.S.), Eli Lilly and Company (U.S.), and GlaxoSmithKline Plc (U.K.) among others.

Global   Biologics   Market   –   Segments

For enhanced understanding, the report has been segmented into four key dynamics.

By Product: Monoclonal Antibody, Interleukins, Vaccines, Growth Factors, and Gene Therapy among others.

By Disease Indication: Rheumatoid Arthritis, Psoriasis/Psoriatic Arthritis, Cancer, and Diabetes among others.

By Manufacturing: In-house and Outsourced

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.

Global Biologics   Market   –   Regional Analysis

The North American region, heading with its well-developed healthcare sector accounts for the leading position in the global biologics market followed by the European and Asia Pacific region, respectively.  Simultaneously, factors such as the high-volume production of pharmaceuticals and the huge demand for biologics led by the high healthcare expenditure.

Undoubtedly, the availability and the wide uptake of new technologies to develop advanced production methods is positively impacting market growth. The US, backed by the huge technological advancements in the field of manufacturing biologics leads the regional market.

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The European region owns the next largest share in the global biologics market, following the North American market closely.  Factors propelling the growth of the regional market include the resurging economy that is availing the best possible healthcare & substantially high healthcare expenditures and the government support that encourages manufacturers of biologics to develop new and effective biologics.

The Asia Pacific region is emerging as a profitable market for biologics due to the rapidly improving healthcare infrastructure. Moreover, factors such as the ever-increasing population that is continually dictating the demand for quality healthcare and the spreading awareness towards the availability and benefits of biologics are positively impacting the growth in the regional market.

Rapidly developing economies are expected to provide immense opportunities for the growth of biologics. Also, the increasing adoption of technologies is positively impacting market growth in the region. Furthermore, rising healthcare concerns along with the fast-proliferating healthcare sector, increase the market size of the biologics market in the APAC.

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