Fibromyalgia Treatments Market Share Analysis, Sampling, Size, Key Players, Revenue by 2027

 New Trends/Advancements                                                                            

‘Avacen Medical,’ of late, was rewarded for developing a dry heating instrument for a kind of pain that is widely found in Fibromyalgia Treatment Market Size. The global consulting firm, ‘Frost and Sullivan’ felicitated ‘Avacen’ with an Innovation award for making ‘Avacen 100.’ The consultant, based in Mountain View at California, designed the award post the thorough analysis of European fibromyalgia devices.

 ‘Frost and Sullivan’ presented the annual award to a firm that adopts ‘high-tech’ products for developing key products. Apart from consultation, it offers business strategies. According to one of the Frost and Sullivan analysts, this disease still remains a hindrance and the key pathology quite misunderstood.

There is a demand for substitute ‘non-invasive’ therapies to reduce pain. ‘Device-based’ treatments are essential, as a ‘placebo-regulated’ clinical examination reported that patients recorded more sleep and moderately less pain & fatigue post electro-stimulation. Avacen indulges in the sales of ‘Avacen 100’ in the U.S. for muscle-relaxation and joint-pain removal. 

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Fibromyalgia Treatments Market - Key Players                                   

Some of the key players in the fibromyalgia treatment market are Pfizer, GlaxoSmithKline, AstraZeneca, F. Hoffmann-La Roche AG, Astellas Pharma, Johnson & Johnson Services, Inc., SANOFI, Eli Lilly and Company, Bayer AG, ALLERGAN, Boehringer Ingelheim, AbbVie, Cephalon, Inc., Sunovion Pharms Inc, Jazz Pharmaceuticals, Vertical Pharmaceuticals, ABBOTT, NOVARTIS, and others.

Fibromyalgia Treatments Market - Segmentation

The worldwide fibromyalgia treatments market is split on account of treatments, end-users, and geographies. Treatments consist of anti-depressants, pain-relievers, therapies, anti-seizure drugs, and others. Research centers, clinics, hospitals, laboratories, etc. form the end-users. Geographically, the industry is classified on the basis of Asia Pacific, North America, Europe, and the Middle East & Africa. North America is the biggest market and followed by Europe.

Asia Pacific is projected to grow rapidly in the near future. There are lesser companies with authorized drugs, introducing prospects for several new participants. United States is the largest market, boosting North American and global sales. With North America investing in research & developments and having robust global traction, it occupies the largest shares. Regional medical expenses also contribute to its growth.

Escalating approval of novel drugs will help the fibromyalgia market grow faster across emerging & developed nations during 2016 to 2022. Few of the many eminent players in the worldwide fibromyalgia treatments market comprise Innovative Med Concepts, Eli Lilly, Forest Pharmaceuticals, Tonix Pharmaceuticals, and Theravance Biopharma. The market is hugely competitive, with multiple drugs doing the rounds on the counter. Leading firms emphasize regional expansion & drug developments to gain enhanced foothold. 

Fibromyalgia Treatments Market - Global Insights                           

The fibromyalgia treatments market is set to expand in view of increasing fibromyalgia incidences. The launch of innovative & better drugs also propels the industry. Awareness regarding fibromyalgia and reduction in misdiagnosis are likely to bode well for the market during 2016 to 2022 (forecast period). Additionally, better diagnostic criteria, resulting from constant research & developments; and high-quality & stronger treatments should boost market revenues.

Fibromyalgia symptoms include musculoskeletal pain alongside memory & sleep disorders, depression, and headaches. These may be accompanied by anxiety and irritable bowel syndrome. This disease is said to tamper with the brain’s pain sensations. A fibromyalgia patient normally experiences migraine, headaches, and TMJ (temporomandibular joint) disorders.

Fibromyalgia can increase with time. Infections, physical trauma, surgery, and psychological issues can also lead to this illness. On the other hand, the main reason behind fibromyalgia is still a mystery. The disease is found more in women than men. With no cure for fibromyalgia, some drugs; such as antidepressants, anticonvulsants, muscle-relaxants, and narcotic analgesics are used to treat it. Also, the burgeoning aged population, being more prone to fibromyalgia, raises industry sales.

Fibromyalgia is tough to detect, as many other diseases have similar indications. That is why; patients are recommended to consult their doctors, undergo the required tests, & reach a proper diagnosis. Low detection of fibromyalgia prevents the market from expanding further. Combination treatments can be harmful to patients. Thus, patients are recommended to take advice from their doctors on whether the treatments should be followed.

Fibromyalgia Treatments Market - Regional Analysis

The Americas dominates the fibromyalgia treatment market owing to the rising awareness among people, rising cases of chronic rheumatic diseases, and increasing healthcare expenditure. As per the 2017 statistics suggested by the Centers for Disease Control and Prevention (CDC), around 54.4 million adults in the United States have arthritis, which is about 25% of the population. It is also reported that by 2040, nearly 78 million adults, aged 18 years or older, are projected to have arthritis in the United States.

Europe holds the second position in the fibromyalgia treatment market. It is expected that the financial support provided by governments and private bodies for research and development and amendments in reimbursement policies in healthcare will drive the fibromyalgia treatment market in Europe.

Asia Pacific is the fastest growing market for fibromyalgia treatments, owing to a huge patient pool and rising healthcare expenditure in some countries within this region. In 2014, the total expenditure on healthcare per capita was USD 731 in China, suggested by the World Health Organization (WHO). According to the BMC Health Services Research Journal, China’s healthcare expenditure grew at a rate of 11.6% per year. The rate is much faster than the growth of the country’s economy, i.e., 9.9% per year.

The Middle East and Africa has the lowest market for fibromyalgia treatments due to lack of technical knowledge and poor medical facilities.

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Prostate Cancer Market Size, Revenue, Demand, Shares, Analysis, Future Growth by 2027

 Market Highlights

Global Prostate Cancer Diagnosis and Therapy Market is expected to register a CAGR of 5.10% during the forecast period, with a market value of USD 18,417.72 Million by 2025.

Prostate cancer is one of the most commonly occurring cancers in men above 55 years of age. More than 80% of the male population are suffering from either one of the prostate cancers (prostatic adenocarcinoma, sarcomas, transitional cell carcinoma, and squamous cell carcinoma) across the globe.

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The key factors such as a rise in incidence & prevalence rate of prostate cancer, increasing expenditure on oncology medicine research, reimbursements, and growing health insurance are anticipated to drive the growth of the market during the forecast period. However, factors such as high cost and side-effects associated with treatment restrain the market growth.

Key Players

MRFR recognizes the following companies as the Key Players in the Global Prostate Cancer Diagnostics Market Size— Dendreon Pharmaceuticals LLC (US), Abbvie Inc. (US), AstraZeneca (UK), Bayer AG (Germany), Sanofi (France), Ipsen Pharma (France), Astellas Pharma Inc. (Japan), Johnson & Johnson Services Inc. (US), Tolmar Pharmaceuticals, Inc.(US), and Ferring BV (Switzerland), among others.

Segment Analysis

The Global Prostate Cancer Diagnosis and Therapy Market is segmented into type, component, and end-user. By type, the market has been segmented into prostatic adenocarcinoma, small cell carcinoma, and others. Based on the product, the market has been segmented into reagents, analyzers, and consumables. Based on the components, the global prostate cancer diagnosis and therapy market has been categorized as therapy and diagnosis. The therapy segment is further is sub-segmented into hormonal therapy, chemotherapy, radiotherapy drugs, and immunotherapy. Hormonal therapy is segmented into anti-androgens, LHRH analogs, and LHRH antagonists. Chemotherapy is segmented into docetaxel, cabazitaxel, and others. The diagnosis is sub-segmented into diagnostic imaging, tissue biopsy, and others.

On the basis of end-user, the market has been segmented into specialty centers, hospitals & clinics, and others.

Regional Analysis

The Global Prostate Cancer Diagnosis and Therapy Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas are expected to hold the largest share of the global prostate cancer diagnosis and therapy market owing to the increasing prevalence of prostate cancer and increasing FDA approvals for the treatment products to support the growth of the market. For instance, in December 2019, Astellas Pharma Inc. received FDA approval for supplemental New Drug Application (sNDA) for XTANDI (enzalutamide) for the treatment of patients with metastatic castration-sensitive prostate cancer (mCSPC). Hence, increasing product approvals in the region are expected to support regional market growth.

The European market holds the second-largest position in the global prostate cancer diagnosis and therapy market. Factors attributing to the growth of the market include a booming aging population and increasing awareness among the individuals coupled with the various government initiatives to promote the treatment of prostate cancer in the early stages.

Asia-Pacific is estimated to be the fastest-growing region owing to the booming health insurance schemes, rising per capita disposable income, and expanding the healthcare industry in the regional market. Moreover, the rise in the obesity levels in men due to the adaption of Westernized diets have significantly contributed to the rise in the number of prostate cancer cases in the region.

The market in the Middle East and Africa is likely to exhibit healthy growth owing to increasing treatment facilities in the UAE and Saudi Arabia. The rising need to lower the deaths by prostate cancer is one of the key factors boosting the need to improve and increase the number of prostate cancer treatment facilities in the region.

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Medical Robotics Market Forecasts by Global Industry Till 2027

 Medical Robotics Market – Highlights

Integration of artificial intelligence (AI) and augmented reality (AR) into medical robotics technology has further enabled medical robotics to reach par excellence, making cost-effective healthcare available. Simultaneously, the emergence of AR &AI has been supporting medical robotics to streamline operating theatres, making the surgical procedures efficient without leaving scope for human error at the same time saving a whole lot of time of healthcare staff.

Additional factors predominantly propelling the growth of the Robotic Surgery Devices Market include the augmenting demand for robotic surgeries and the prevalence of diseases & increasing cases of accidents. Furthermore, growing investments transpired into R&D activities are helping the market to create a significant revenue pocket in the global space, improving the technology further.

Moreover, the incorporation of artificial intelligence and augmented reality has paved the way for medical robotics to grow par excellence thereby making affordable healthcare possible. The top 6 medical robotic applications include telepresence, surgical assistants, rehabilitation robots, medical transportation robots and disinfection, and sanitation robots.

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Global Medical Robotics Market – Segmentations

The analysis has been segmented into three key dynamics for ease of understanding: -

By Product: Medical Surgical Robotic Systems (Neurosurgical Robotic Systems, Orthopaedic Robotic Systems, Laparoscopy Surgical Robotic Systems, and other), Various Accessories, Hospitals & Pharmacies (I.V. Robots, Pharmacy Robot, and others), and Rehabilitation Services (Orthotics Robots, Prosthetic Robots, Assistive Robots, Therapeutic Robots, and other) among others.

By Application: Neurology, Cardiology, Rehabilitation, Laparoscopy, and others.

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

Major Players:

Key players operating in the global medical robotics market include Smith & Nephew Ltd. (UK), ReWalk Robotics (Israel), Stryker Corporation (US), Medtech SA (France), Hocoma AG (Switzerland), KUKA Roboter GmbH (Germany), Aethon Inc. (US), Intuitive Surgical, Inc. (US), Mazor Robotics Ltd. (Israel), Varian Medical System, Inc. (US), Intouch Health Technologies, Inc. (US), Titan Medical, Inc. (US), Medrobotics Corporation (US),  Carefusion Inc.(US),   Kinova (US), Ekso Bionics Holdings, Inc. (US), Hansen Medical, Inc. (US), Myomo Inc. (US), Transenterix, Inc. (US), Auroba Biomed Inc. (US), and ZOLL Medical Corp. (US) among others.

Medical Robotics Market – Competitive Analysis

Fiercely competitive, the medical robotics market appears to be highly fragmented with several well-established players alongside the new entrants are forming a competitive landscape. Optimizing situational awareness, these players focus on market trends to ensure their mission success.  By incorporating strategic initiatives such as innovation, M&A, these players seek market expansion and invest increasingly in R&D to develop cost-effective product portfolio.  As they are aware that these investments are going to help them to expand their market presence      

Growing Additional Factors:

Additional factors predominantly propelling the growth of the market include the augmenting demand for robotic surgeries and the prevalence of diseases & increasing cases of accidents. Furthermore, growing investments transpired into R&D activities are helping the market to create a significant revenue pocket in the global space, improving the technology further.

On the other hand, factors such as the latency issues occurred due to the embryonic stage of this technology such as the time lapses between the instructions physicians give to direct the controls and machines’ response which results in robots getting programmed incorrectly, are impeding the growth of the market.   Also, the intense training required before operating these robots (machines) which demands a significant amount of time, present challenges to the growth of the market, slowing down its uptake.

Moreover, the technology demands more advancement in terms of logistics for instance; once programmed, this robotics cannot change the course instantly, meaning, they offer no chance for the needed adjustments to take place during the surgery which is also a crucial factor. Nevertheless, advancements in technology which is expected in the nearing future will support the market to perceive mega accruals, ruling-out these issues.

Regional Analysis

The North American region, due to the vast technological advances dominates the global medical robotics market, holding over 40% of the market share. The augmenting demand for robot-assisted surgeries and futuristic healthcare infrastructure are some of the key factors driving the growth in the regional market. Additionally, high healthcare expenditures foster the growth of the market in the region.

The European medical robotics market accounts for the second-largest market, globally. Factors that are helping the regional market to boost further include favorable governmental support and initiatives.  Furthermore, the proliferating healthcare sector led by the resurging economy is expected to help the market to grow extensively.

The Medical Robotics Market in the Asia Pacific region has emerged as a profitable market, globally. Substantial technological developments and the continually developing healthcare infrastructure that is led by the rapidly developing economy are some of the key driving forces boosting the growth of the regional market, allowing it to register a fabulous CAGR throughout the assessment period.

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Dental Bone Graft Market Share Analysis, Sampling, Size, Key Players, Revenue by 2027

 Global Dental Bone Graft Market – Synopsis

Dental Bone Graft helps to support the socket a tooth is extracted from, and which would otherwise deform by the time an implant takes place. This further aids in protecting the bone from the receding jaw and stabilizes the adjacent teeth. Bone grafting is one of the most efficient solutions, allowing the dentist with the better flexibility, required at the time of implants or prosthetics and thus bettering the processes. 

Bettered processes are increasingly encouraging people to opt for the Dental Bone Graft, augmenting its demand. Resultantly, the Dental Bone Graft market is growing pervasively. Growing Cosmetic Dentistry Treatment market, furthering the market size escalates the market globally. Increasing oral healthcare concerns worldwide, fuel the market growth predominantly. Increasing awareness among people about the oral health plays a major role in fostering the market growth.

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Considering the rapid expansions, the market is perceiving currently and the potential this market holds to grow further, Market Research Future (MRFR) recently published a study report, giving out a complete market insight for the period 2017 – 2027. In its analysis, MRFR asserts that the global Dental Bone Graft Market Size will accrue exponentially, registering a striking CAGR during the review period. 

Additionally, factors such as growing population, the geriatric populace, and urbanization, are fostering the market growth. Improving economic conditions across the globe are providing impetus to the market growth, enabling access to the quality life & improved healthcare. Seminal efforts &investments, made by the market players to develop advanced Bone Graft, drugs & treatments, are paying off well, driving the market growth.

Moreover, social and cultural factors such as the influence of media, fashion and film industry, peer pressure for appearance and beauty, changing dimensions of aesthetics, etc. are driving the market growth to an extent. Costly Bone Graft procedures in the US & UK, among some other developed countries, are fueling the growth of the medical tourism markets in the developing economies such as India and Malaysia & others.

Conversely, factors such as inadequate reimbursements for Dental Bone Graft are expected to inhibit the market growth of Dental Bone Graft, especially in the developed economies. However, recent technological progress took place in the Dental Technology which offered development of BioOss graft, harvested from Cows are expected to influence the market growth.

Key Players:

The Global Dental Bone Graft Market Size is led by some of the fervent key players including Ceramisys, Ctmax, RTI Surgical, Inc., Geistlich, Institut Straumann AG, DENTSPLY International, Zimmer Biomet, ACE Surgical Supply Company, Inc., Medtronic, Biohorizons IPH, Inc., RTI Surgical, Inc., and LifeNet Health. Profiling them in its analysis, MRFR finds out their strategies keeping them at the forefront of the competition.

Global Dental Bone Graft Market – Segmentations

For the convenience of the report and enhanced understanding; MRFR has segmented the Dental Bone Graft Market into 4 key dynamics

By Types                              : Comprising Alloplast/Synthetic, Xenograft, and Allograft Bone Graft among others.

By Products                        : Puros, Grafton, Bio-Oss, and Osteograft, among others.

By Applications : Ridge Augmentation, Periodontal Defect Regeneration, Socket Preservation, Implant Bone Regeneration, and Sinus Lift among others.

By Regions                          :  North America, Europe, APAC and Rest of the World.

Global Dental Bone Graft Market – Geographical Analysis

Geographically, North America accounted for the leading market for Dental Bone Graft, capturing the largest market share in 2016, followed by the markets of Europe & Asia Pacific, respectively. The market is growing due to the significant contributions from the burgeoning market of the US backed by the high expenditure on healthcare. Moreover, increasing demand for the Dental Bone Graft provides impetus to the market growth. Continuing with the same trends, the North America market is expected to create a significant revenue pocket in the global market by 2027.

Europe stands the second-largest market for Dental Bone Graft, globally owing to the high per capita income and well-established healthcare penetration coupled with the prevalence of periodontal disorders.  Growing markets of Dental Bone Graft in Germany & France drives the regional market growth extensively.  The Europe market is expected to register a phenomenal growth rate, witnessing the increasing investment in healthcare and rising number of patients with periodontal disorders.

Asia Pacific market for the Dental Bone Graft is expected to perceive an exponential growth owing to the growing markets of India & China backed by the vast population and the burgeoning medical treatment market in the region. Vietnam, Thailand, and Malaysia among the other South East Asian countries are projected to contribute significantly to the regional market growth. With the growing Medical Tourism markets in India & Malaysia, the APAC region will register a fabulous CAGR during the review period.

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Clinical Nutrition Market Sparkling Key Players Shares, Revenue, Analysis by 2027

 Clinical Nutrition Market Overview:

The Global Clinical Nutrition Market is booming and expected to gain prominence over the forecast period. The Market is forecasted to demonstrate a huge growth by 2027, surpassing its previous growth records in terms of value & volume. The Global Clinical Nutrition Market is mainly driven by the growing prevalence of diseases requiring additional nutrients and increased awareness among population about the benefits of medicated foods and beverages. Changing life style such as habitual smoking, alcohol, extended work hours and relying on fast-food has resulted into lack of adequate nutrients that is also one of the reasons contributing to the growth of Clinical nutrition industry market.

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Additionally, increasing number of geriatric populace, increasing prevalence of diseases like cardiovascular diseases and dementia are providing impetus to the growth of the market. Also increasing acceptance and adoption of infant and child nutrition as a result of changing lifestyle in the developing countries is contributing to foster the market growth of Clinical Nutrition Market.

Clinical Nutrition is a therapeutic composition developed to fulfil the nutritional requirement of the patient. Clinical nutrition are used during diseases like cancer, diabetes, chronic obstructive pulmonary disease (COPD), gastrointestinal disorders, immune system disorders and many more. Clinical Nutrition is prescribed by a physician when a patient has special nutrient needs in order to manage a disease or health condition, and the patient is under the physician's ongoing care.

Major Players Analysed in Clinical Nutrition Market report are:

Baxter International Inc., Abbott Laboratories, B. Braun Melsungen AG, Nestlé S.A, GroupeDanone, Mead Johnson Nutrition Company, Fresenius Kabi , Hospira Inc., and, Perrigo Company Plc. are some of the prominent players at the forefront of competition in the Global Clinical Nutrition Market and are profiled in MRFR Analysis.

However the factors that are limiting the development of the market are high price, critical reimbursement policies enforced by the governments in various countries, stringent regularities of FDA and most importantly volatility of market. Also, easy accessibility and availability of ample low cost counterfeit products is posing as a challenge to the good brands affecting their sales eventually affecting the market growth.

A lot of deliberation has been pondered upon if multivitamins actually protect you from disease? And scholars have two scented that Multivitamins may slightly reduce the risk of cancer but don’t prevent heart disease. And advised that we should keep the focus on diet, not supplements. Nearly 50% of adult populace in the United States has already included a multivitamin in the list of Clinical Nutrition with the expectation to make them feel better and prevent common illnesses, but the evidence has been a little vague.

The Harvard-led Physicians Health Study II (PHS II) recently found that taking a multivitamin slightly lowers the risk of being diagnosed with cancer. But if you take a multivitamin already or plan to, don’t let it distract you from eating a varied and nutritious diet.  The studies of taking vitamins to prevent disease have been largely disappointing. It does not appear that a multivitamin can replace a healthy diet high in fruits and vegetables.

Global Clinical Nutrition Global Market – Segments:

The Clinical Nutrition Market Size Can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding.

Segmentation by Product: Comprises infant nutrition, Enteral Nutrition, Parenteral Nutrition and other.

Segmentation by End User: Comprises infants, Adult and Geriatrics and other.

Segmentation by Region: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Top Clinical Nutrition Global Market – Regional Analysis:

Asia-Pacific held the largest share in the global clinical nutrition market.  The region is anticipated to witness rapid growth during the forecast period, followed by Europe and North America with a substantial market share. Increasing geriatric population is also expected to propel the growth of the Asia Pacific market. The market share of North America is expected to decrease slightly, whereas that of Europe is expected to increase by 2020.

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Immune Thrombocytopenia Market Key Players by Revenue, Share, Demand, Trends, Analysis and Forecasts Till 2027

 Market Highlights:

As per the latest report published by Market Research Future (MRFR), the Global Immune Thrombocytopenia (ITP) is set to surpass a valuation of USD 2,300 Mn by the year 2023, reflecting a healthy CAGR. ITP is a blood related disorder that cause abnormal clotting. Some of the discomforts caused by the disease include bruising, bleeding and severe drop in platelets counts. Both minors and adults can develop the condition. The disease is classified into primary and secondary form. Primary form of ITP occurs on its own while the latter is an offshoot of another condition. The condition can be triggered by reactive medications, autoimmune disease, pregnancy and certain type of cancers.

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ITP is among the most commonly occurring disorder across the globe. In addition, the incidence rate has continued to spiral upwards in recent years. Factors as such as are fueling the demand for drugs and therapeutics for ITP. Currently, there are four treatment options available for ITP - intravenous   immune   globulin (IVIG), thrombopoietin receptor agonists, corticosteroids and immune-suppressing drugs. Though these treatment options have gained a healthy mileage, they come with certain degree of risk of side-effects. Nonetheless, increased focus towards innovation and R&D is likely to create new avenues for market players in the foreseeable future.

Competition Tracking:

Key companies mentioned in MRFR’s report include Dova Pharmaceuticals, Jiangsu Hengrui Pharmaceutical Co., Ltd., Ligand Pharmaceuticals, Inc., Rigel Pharmaceuticals, Inc., Kyowa Hakko Kirin Co., Ltd., Amgen Inc., Shire, F.Hoffmann-La Roche Ltd., Shionogi Inc. CSL Limited, and Novartis AG.

Segmentation:

The Immune Thrombocytopenia Treatment Market Growth report includes a thorough segmental analysis of the market on the basis of end-user, treatment, and type. By end-user, the market has been segmented into specialty centers, hospitals and clinics, research and academic institutes and others. Currently, the hospitals & clinic segment accounts for more than one-third share of the market. During the forecast period, the segment is expected to record an impressive 6.22% CAGR. By treatment, the market has been segmented into thrombopoietin receptor agonists, corticosteroids, intravenous immunoglobulins and others. In terms of value, the corticosteroids segment currently commands for close to 40% market share and is projected to surge at a CAGR of 5.57%. Based on type, the market has been segmented into acute immune thrombocytopenia and chronic immune thrombocytopenia. The chronic immune thrombocytopenia segment currently accounts for over two-third market and is expected to highly profitable in 2018 and beyond. The segment is likely to reach a valuation of USD 2,036.9 Mn by the end of assessment period, exhibiting a CAGR of 5.94%. Approval of numerous targeted treatments coupled with the rising prevalence of ITP is proving the impetus on the segment’s growth.

Regional Analysis:

The market has been covered across regions such as Europe, Americas, the Middle East & Africa (MEA) and Asia Pacific (APAC). In 2017, the Americas segment accounted for the largest market share and trend is likely to continue beyond 2018. Some of the factors that are supporting the growth of the market in the region include rising prevalence of ITP in countries such as the US, Canada, Mexico and Brazil, high healthcare expenditure and favorable reimbursement policies. As per the National Organization of Rare Disorders (NORD), the incidence rate of Immune thrombocytopenia among Americans is 3.3 per 100,000 adults/year approx. Meanwhile, Europe and APAC currently hold the second and third spot respectively. Presence of advanced healthcare infrastructure and strong government support is supporting the growth of the market Europe. In Asia Pacific, the market has gained a healthy momentum in recent years owing to factors such as increase penetration of healthcare services, growing awareness and expanding patient pool. The market for ITP in APAC is expected to witness a strong growth over the next couple of years.

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Blood Screening Market by Forecast Revenue, Trends, Share, Demand by 2027

 Market Highlights

The Global Blood Screening Market is expected to register a growth of significant CAGR 9.8% during the forecast period (2018–2023).

Blood screening is a medical process in which the blood is examined for the diagnosis of a specific diseased condition is known as blood screening. Exhaustive screening is essential for all donated blood to confirm that recipients receive the safest products. Scientific advances increase the sensitivity and effectiveness of the tests. For example, in August 2016, the Food and Drug Administration (FDA) suggested the testing of all the donated blood in the U.S. and its territories for Zika virus in order to prevent transmission of this virus through the blood supply. The technology is cheaper and faster than earlier DNA analysis methods. The growth of the market is credited to the rise in demand for blood screening tests due to growing blood donations, increasing awareness about transfusion-transmitted diseases, and technological developments in the industry. Additionally, governments of various countries are in process to mandates testing all donated blood for several viruses.

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Key Players:

Some of the key players in the global blood screening market Grifols, F. Hoffmann-La Roche, Abbott Laboratories, Biomérieux, Bio-Rad Laboratories, Inc., Siemens Healthineers (A Subsidiary of Siemens AG), Ortho Clinical Diagnostics, Inc., Thermo Fisher Scientific, Inc., Beckman Coulter (A Subsidiary of Danaher Corporation) and Becton, Dickinson and Company

Segmentation:

The global blood screening market has been segmented on the devices, service providers, application, end users.

On the basis of technology, the market has been classified as nucleic acid amplification test (NAT), enzyme-linked immunosorbent assay (ELISA), rapid tests, next-generation sequencing (NGS), western blotting. The nucleic acid amplification test is segmented in to transcription-mediated amplification (TMA) and real-time polymerase chain reaction (PCR). The enzyme-linked immunosorbent assay is segmented in to ELISA market, by platform and ELISA market, by generation. On the basis of products and services, the market has been classified as reagent and kits, enzymes and polymerases, standards and controls, probes and primers, buffers, nucleotides, and solutions, immunosorbents, instruments and software and services. The reagent and kits have been segmented in to NAT reagents & kits, ELISA reagents & kits. The instruments have been segmented in to rental purchase and outright purchase. On the basis of end users, the market has been classified as hospitals, clinics, research institutes and academic centers, blood banks and others.

Regional Analysis:

The Americas is projected to lead the blood screening market in the forecast period. Increasing healthcare awareness, advancement in technology, medical tourism are some other factors that boost the growth of the market. U.S. blood screening market dominated industry in 2017, due to the high demand for quality healthcare, vastly developed healthcare infrastructure as well as growing occurrence of cardiac disease in the region. Frequencies of blood screening are dramatically increasing over the last few years. Lately, the Food and Drug Administration (FDA) published a guidance document suggesting regulations for laboratory developed tests. In addition, In February 2015, the U.S. FDA conducted a workshop to discuss the oversight of NGS. All these factors increase awareness, which would further increase the growth of the industry.

The European market is expected to hold the second largest market share. The market is expected to witness growth owing to the rising patient population, changing lifestyle, and growing elderly population. This is expected to provide favorable backgrounds for the market to grow.

Asia-Pacific is projected to be the fastest growing region for the global blood screening market in 2018. It is expected to witness profitable growth over the forecast period due to the existence of favorable healthcare schemes drafted by government agencies Other factors such as growing elderly population, rising demand for advanced and high-end technologies, healthcare reforms for infrastructural development and growing healthcare expenditure are some of the key factors that will accelerate the blood screening market growth during the forecast period.

The Middle East and Africa accounts for the least share due to stringent government policies and low per capita income.

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Urgent Care Apps Market Dynamics, Industry Analysis, Trend and Demand, Forecast To 2027

 Urgent Care Apps Market Overview:

The Global Urgent Care Apps Market continues on a gradual upward trajectory and is expected to cross USD 2595 Mn mark by the end of 2023. The global urgent care apps market stood at USD 314.2 Mn in 2017 and Market Research Future (MRFR) anticipates dynamite growth in the market with a CAGR over 42.20% over the forecast period which ends in 2023.

Urgent care apps are advantageous in managing medical conditions which need immediate attention. They act as an additional pathway for medical conditions which require prompt action but are non-life-threatening concerns. They offer an effective and low-cost option for the management of health conditions such as pregnancy, stroke, cardiac diseases, trauma, and others. Multiple use cases presented by urgent care apps are boosting the growth of the market. Also, these apps have been proven beneficial in post-hospital or post-operative care among patients.

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The ubiquity of smartphones coupled with the growing penetration of 3G and 4G networks, especially in the emerging economies are contemplated to be reflecting positively on the growth of the global urgent care apps market. The digital revolution in healthcare is speeding up the adoption of urgent care apps and consequently fostering market growth.

The gradual shift in focus on personalized and patient-centric healthcare delivery has been a key driver for the growth of the global urgent care apps market. Urgent care apps deliver a diverse set of services with more flexible hours. They are particularly useful for elderly patients who require reassurance and offer them with access to immediate help during emergencies. 

Raising awareness regarding the availability of medication management apps in combination with the factors mentioned above add fuel to the growth of the global urgent care apps market.

However, the market might be met by some challenges including the bulk of miscategorized apps in the App Store & Google Play and poor internet connectivity issues in underdeveloped regions which restrict the growth of the market.

Competitive Landscape

Some of the prominent players operating in the global urgent care apps market include Forward Health, Pivot Design Group, Johnson & Johnson, Twiage, Siilo, Alayacare, PatientSafe Solutions, Vocera Communications, Hospify, Argusoft, Voalte, Pulsara, Imprivata, Allm, and TigerConnect.

Segmentation

The Global Urgent Care Apps Market has been segmented based on type and clinical area.

By type, the urgent care apps market has been segmented into emergency care triage apps, in-hospital communication & collaboration apps, and post-hospital apps. The post-hospital apps segment has been further segmented into medication management apps, care provider communication & collaboration apps, and rehabilitation apps.

By clinical area, the global urgent care apps market has been segmented into trauma, stroke, cardiac conditions, and others. The trauma segment is the largest segment on account of rising incidences of road accidents which necessitates trauma care and increasing awareness to address trauma by healthcare organizations. The cardiac conditions segment is expected to be the fastest growing segment owing to the gradual realization of the benefits of urgent care apps in the management of critical cardiac conditions.

Regional Analysis

The Americas, Europe, Asia Pacific, and the Middle East & Africa are the key markets for urgent care apps.

North America is a significant market for urgent care apps, led by North America. Deep penetration of smartphones and 3G and 4G networks along with escalating healthcare cost and constant need to address the same are augmenting the market in North America. Moreover, the region tends to quickly adapt to emerging technologies which further supports the growth of the urgent care apps market. Other driving factors include raising awareness and increasing focus on personalized healthcare.

Europe's market growth can be exclusively attributed to increasing initiatives by the government towards the promotion of such apps and towering need to curtail healthcare costs. Germany, Italy, France, Spain, and the UK are the major markets in Europe.

Asia Pacific market for urgent care apps is anticipated to have an expeditious growth in the coming years. Growing penetration of smartphones in the emerging economies of Asia Pacific coupled with raising awareness about healthcare management apps can be accredited for the growth of the urgent care apps market in Asia Pacific.

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Pharmaceutical Waste Management Market Size, Share, Demand, Applications, Opportunities and forecast 2027

 Pharmaceutical Waste Management Market Overview:

Pharmaceutical waste is a concern for all types of healthcare facilities and is generated from pharmaceutical developers and manufacturers, hospitals, individual physicians and from all those who are involved in the healthcare system. Pharmaceutical wastes are hazardous and form a cause for apprehension since they pose a severe threat to human, animal, and environmental health. Pharmaceutical waste management market is expanding at a healthy pace as pharmaceutical waste disposal is gaining more attention from the healthcare sector as well as the consumers. Market Research Future (MRFR) projects steady growth in the global pharmaceutical waste management market over the forthcoming years. Pharmaceutical wastes contain active ingredients which are known to cause harm to the environment and public health. Various human and veterinary pharmaceutical compounds have been found in drinking water resources in concentration which has directed the focus of concerned authorities towards proper disposal of pharmaceutical waste. Pharmaceuticals have not only been found in water but also on the ground surface.  Educating consumers and healthcare professionals about appropriate pharmaceutical waste disposal can make a significant impact on public health and the environment owing to which healthcare professionals and pharmacists are initiating towards imparting knowledge about the consequences of improper pharmaceutical waste disposal. The pharmaceutical industry is one of the most profitable and fastest growing industry and growth in the pharmaceutical industry is one of the preliminary factors influencing the growth of the pharmaceutical waste management market. Various regulatory agencies such Environmental protection Agency (EPA) have set standards for pharmaceutical waste disposal, and the need to comply with such regulatory standards have fuelled the growth of the global pharmaceutical waste management market. In addition, the governments in various countries have endeavoured to raise awareness and implement stringent regulations pertaining to Pharmaceutical Waste Management Market which have contributed to market growth. Advancements in waste disposal techniques have also spurred the growth of the market. However, such developments have increased the cost of pharmaceutical waste disposal which restricts the adoption of pharmaceutical waste management. Moreover, reluctance on the part of healthcare professionals regarding the adoption of new technologies is also likely to restrain the growth of the market in the forthcoming years. Side effects associated with pharmaceutical waste disposal methods are also possible bottlenecks to the growth of the market. The release of toxic pollutants from incineration process and scavenging in unprotected insecure landfills are hazardous and should be monitored appropriately.

Competitive Landscape

The global pharmaceutical waste management market is marked by the presence of players such as Stericycle, Covanta Holding Corporation, Stryker, US Ecology, Inc., BioMedical Waste Solution, LLC, Cardinal Health, Becton, Dickinson and Company, Daniels Health, Sharps Compliance, Inc., and Waste Management, Inc.

Segmentation

The global pharmaceutical waste management market has been segmented based on the nature of waste, type of waste, and source of waste generation.  By nature of waste, the market has been segmented into hazardous pharmaceutical waste and non-hazardous pharmaceutical waste.

By type of waste, the market has been segmented into over the counter waste, non-controlled prescription drugs, controlled drugs, and hazardous drugs.

By source of waste generation, the market has been segmented into hospitals, clinics & physicians' offices, pharmaceutical & biotechnology companies, pharmacies, and others.

Regional Analysis

North America, Europe, Asia Pacific, and the Rest of the World are the key markets for pharmaceutical waste generation. North America is one of the leading markets for pharmaceutical waste management. North America has a huge market for pharmaceutical companies and accounts for a majority of pharmaceutical sales. Presence of major pharmaceutical companies in the region also supports the growth of the market. Europe market for pharmaceutical waste management is also strong owing to the presence of a large number of biotechnology companies and community pharmacies in the region. Asia Pacific region is poised to showcase incremental growth over the forecast period. Expanding pharmaceutical industry in the region coupled with growing emphasis on pharmaceutical waste management is likely to contribute to the growth of the Asia Pacific market.

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

 Market Segmentation

MRFR's report covers the segmentation on the basis of type, technology, application, end-use, and region. Types of Smart Medical Devices include off-body, on-body, and handheld. Various technologies are used in Smart Medical Devices including rotary pump, spring based, expanding battery, pressurized gas, collapsible reservoir, motor driven, and others. Smart Medical Devices have applications in oncology, auto-immune disorders, cardiovascular diseases, diabetes, infectious diseases, and others. End-users for Smart Medical Devices include clinic, hospital, home care setting, ambulatory services, and others.

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Market Insights

The Global Smart Medical Devices Market is dynamic and is expected to witness healthy growth according to a report by Market Research Future. Biotech companies have identified this demand and are working toward catering to it by increasing investments toward the development of more efficient methods of self-administration of drugs. Patient-centric biologics and the growing participation of patients in their treatments have significantly increased the demand for Smart Medical Devices. Market Research Future's report provides insights into the market and reveals various important market figures along with predictions for the market over the assessment period.

Smart Medical Devices Market also known as large volume injection devices, are a fairly innovative port of injectable drug delivery as it offers the ability to deliver a high volume of drugs, typically larger than 1 to 2 ml. This represents high potential for the development of treatment to pharmaceutical companies which are increasingly submitting drug approvals for biologics which is expected to be a significant driver of the Smart Medical Devices market. Although there are many areas of therapy where Smart Medical Devices can find applications, the use of Smart Medical Devices for the treatment of cancer is expected to be a driver of note in the global market due to the rapidly rising population.

Majority of large volume injectables are presently administered via IV which require close monitoring in a clinical setting, and the ongoing nature of such drug administration has led to a demand for Smart Medical Devices. Reducing the need to visit a hospital and or appointments, self-administration in the comfort of one's own home is a highly attractive concept to patients with chronic diseases and is an important factor driving the demand for Smart Medical Devices. Applications for Smart Medical Devices also lie in the treatment of autoimmune diseases, cardiovascular, and neurological diseases. The growing elderly population across the globe has also led to the recording of high numbers of chronic diseases.

Moreover, this demographic has a high demand for ease of treatment which works in favor of the Smart Medical Devices market. Technological advancements are ongoing and are expected to open up multiple avenues for opportunities in the coming years and offer superior safety to conventional injectors.

Key Players

Market players of note in the Global Smart Medical Devices Market Size include Unilife Corporation, Johnson & Johnson Services, Inc., Debiotech S.A., Enable Injections, Sensile Medical AG, Becton Dickinson and Company, F. Hoffmann-La Roche Ltd., Amgen Inc., West Pharmaceutical Services Inc., Insulet Corporation, CeQur SA, and SteadyMed Therapeutics, Inc.

Regional Analysis

North America is a significant region due to the high prevalence of lifestyle diseases caused by excessively sedentary lifestyles, and poor dietary habits. The region includes the U.S which is home to a number of market players leading the Smart Medical Devices market. The presence of a well-established healthcare sector with rising expenditures and government support for the development of advanced therapeutics for cancer, diabetes and other chronic diseases are expected to drive the regional market.

The Asia Pacific has a high diabetic population and a large patient population suffering from cardiovascular issues. Moreover, the presence of a truly significant patient population among which the geriatric demographic is considerable, thus making it a potentially lucrative market for the Smart Medical Devices market. Governments in the region are increasing their support of the healthcare sector, and rising investments are expected to be conducive to the adoption of Smart Medical Devices. Moreover, the increasing, rising disposable of the population combined with increased awareness about advancements in healthcare technology are expected to drive demand and as a result, market growth

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Digital Therapeutics Market Key Developments Trends, Analysis and Forecasts Till 2027

 Market Scenario

The global digital therapeutics market is expanding at a much a much higher rate, which it can, in no time, will be a progressive outrage in the foreseen years (2018-2023). In its growth, it is estimated to develop at a rapid CAGR, reveals Market Research Report in its detailed report. The report thus encompasses segmental analysis, valuable insights, and factors that can impact the growth of the global digital therapeutics market in the next couple of years.

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Market Key Holders

The global digital therapeutics market is marked by the presence of key players such as Twine Health Inc., Proteus Digital Health, Inc., Mango Health, Inc., Propeller Health, Canary Health Inc., Medtronic Plc., Noom Inc, WellDoc Inc., Omada Health, Inc., and Livongo Health.

Factors Driving Market Growth

The primary factors concerning with the growth of the Digital Therapeutics Market are attributed to the rising pressure in healthcare providers to provide quality assessments, reducing healthcare products costing, rising prevalence of diseases, increasing the presence of collaborated companies, and others.

Moreover, with the increase in the case of preventive healthcare has also supported the upsurge of the market. And due to this, investments are also being made in the field of digital therapeutics, so to increase the spread of the digital therapeutics market. On the other side, over to the benefits, digital therapeutics is counted as adherence to the improved drug, the ability to induce behavioral changes and convenience of the patients globally is hence driving the growth of the market.

With the gradual growth in the digital therapeutics market, many potential companies are making space for themselves in helping the market to grow. With the spontaneous use of the internet and the integration of smart practices is hence developing the size of the market. The critical factor in the progress of digital therapeutics market is accounted to be the rising geriatric population. Also, with the incorporation of digital elements in the place of traditional medical devices has progressively urged the market growth. The application of digital therapeutics is being increasingly leveraged especially to large-scale patient population which is expected to advance the healthcare to result substantially in the forecast period. Other uses of digital therapeutics for the cases such as cancer management, pain management, smoking cessation and tough therapy areas like Parkinson’s and rise in the prevalence of such diseases have stubborn the growth of the global digital therapeutics market.

Market Segmentation

The segmental analysis of the digital therapeutics market is done on the basis of product type, application, and sales channel.

By mode of product, the segmentation has divided into software and devices.

By mode of application, the market segmentation has been done into cardiovascular diseases, obesity, diabetes, respiratory diseases, smoking cessation, and others.

By sales channel mode, the segmentation of the market has been divided into B2B and B2C..

Regional Analysis

The regions where the digital therapeutics market share has made its mark are North America, Asia Pacific, Europe, and Rest of the World.

Among these, the North American region has the most significant control over the global digital therapeutics market and is expected to hold the position in the next couple of years. The reasons behind spread-on of the market comprise of early adoption of technology, growing prevention of chronic diseases and increasing investments in R&D, inclusion on next-gen healthcare technology, expansion of healthcare sectors including awareness projects, etc.

Europe accounted for the second largest share of the global therapeutics market in 2016 due to increased demand for digitalization of healthcare across the region.

Competitive Analysis

The global digital therapeutics market is considerably promoting the increasing number of medical firms in the market. With the diversification of product in the market is increasing open-door opportunities for the progress of the global digital therapeutics market.

December 10, 2018 – Pear Therapeutics and Sandoz proclaimed the receiving the FDA clearance of the digital therapeutic – reSET-O as the duo had developed jointly. The development – reSET-O is the first digital therapeutic to treat patients with opioid use disorder (OUD).

In April 2018: Pear Therapeutics (US), one of the leaders in prescription digital therapeutics and Sandoz (Germany), a global leader in generic pharmaceuticals and biosimilars and a division of Novartis had collaborated to commercialize development of novel prescription digital therapeutics designed for the effective treatments of the diseases and improve clinical outcomes for patients.

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Flow Cytometry Market Analysis by Key Type and Applications, Industry Growth Factors and Business Forecast 2027

 Market Highlights

Flow cytometry is a technique used to identify the characteristics of a cell or a particle using a laser beam. Flow cytometry is used in various research and development activities and it also has applications in medical diagnostics. The growing adoption of new technology, increasing use of flow cytometry in diagnostics, and increasing applications of flow cytometry in pharmaceutical research and development are the major factors driving the growth of the global flow cytometry market. Additionally, increasing R&D spending and aggressive strategies adopted by the top players, such as new product launches, are contributing to the growth of the market. For instance, in January 2016, Sysmex America Inc. has introduced New CyFlow monoclonal antibodies in the market, this new reagent was introduced in the American market which will be available for use in academic as well as clinical research and commercial manufacturing.

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The high costs associated with flow cytometry instruments and reagents, lack of awareness about applications of flow cytometry and a shortage of technicians may hamper the growth of the market during the assessment period.

Key Players

Some of the key players in the flow cytometry are Beckman Coulter, Inc., Becton, Dickinson and Company., Danaher., Thermo Fisher Scientific, Merck KGaA, Bio-Rad Laboratories, Inc., Luminex Corporation., Miltenyi Biotec, Sysmex Partec GmbH Agilent Technologies, Inc., Sony Corporation, Biomérieux S.A., and Enzo Biochem Inc.

Segmentation

The global Flow Cytometry Market has been segmented on the basis of products & services, technology, application, and end-user.

On the basis of products & services, the market has been classified as reagents and consumables, flow cytometry instruments, services, software, and accessories. The flow cytometry instruments segment has been further divided into cell analyzers and cell sorters.

The market by technology has been divided into cell-based flow cytometry and bead-based flow cytometry.

 The application segment has been divided into research applications, clinical applications, and industrial applications. The research applications segment has been segmented into pharmaceutical and biotechnology and immunology. The pharmaceutical and biotechnology sub-segment has been divided into drug discovery, stem cell research, and in vitro toxicity testing. Furthermore, the immunology segment has been sub-segmented into cell sorting, apoptosis, cell cycle analysis, cell viability, cell counting, and other research applications. The clinical applications segment includes cancer, hematology, immunodeficiency diseases, organ transplantation, and other clinical applications.

The market, by end-user, has been segmented into commercial, research institutes, hospitals and clinics, and academic institutes.

Regional Analysis

The market in the Americas is expected to dominate the global flow cytometry market during the forecast period owing to the technological advancement, increasing prevalence of autoimmune diseases, and well-established healthcare sector in the region. The European market is expected to be the second-largest due to the increasing number of cancer patients in the region and government funding and support of the healthcare sector. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the forecast period owing to increasing awareness about healthcare, increasing research and development activities and favorable government initiatives for the establishment of healthcare facilities. The market in the Middle East & Africa is likely to account for the smallest share of the global flow cytometry market.

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Blood Group Typing Market Quadruples by 2027 at Striking CAGR and Future Outlook

 Key players

Some of the key players for the global Multiplex Assays Market are Luminex, Thermo Fisher Scientific, Illumina, Bio-Rad Laboratories, Qiagen, Abcam, Becton Dickinson and Company, Merck, Agilent Technologies, Meso Scale Diagnostics, Randox Laboratories, Quanterix, Bio-Techne, Olink, Seegene, and others.

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Multiplex Assays Market Overview:

Multiplex Assays are used to detect multiple analytes in a single run of the assay. These are widely used in genomics to quantify mRNAs, DNAs, and proteins to assess the effect of DNA mutation on various biomolecules in the given sample. With multiplex assays, scientists can gain more information about a single protein or series of proteins within a single well or reaction of an experiment. This not only helps the scientists to conserve time and cost but also save on their sample quantity. Researchers are using multiplex assays to detect cellular regulatory events occurring in chronic diseases such as cancer.

Segmentation

The global Multiplex Assays Market is segmented on the basis of product and service, type, technology, application, and end-user. The multiplex assays market, by product and service, is sub-segmented into consumables, instruments, software and services, and others. On the basis of type, the market is categorized into protein multiplex assays, nucleic acid multiplex assays, cell-based multiplex assays, and others. Protein multiplex assays are further sub-segmented into planar protein assays, bead-based protein assays, and others. Nucleic acid multiplex assays are further sub-segmented into planar nucleic acid assays, bead-based nucleic acid assays, and others. The technology segment includes flow cytometry, fluorescence detection, luminescence, real-time multiplex PCR, and others. On the basis of application, the market is categorized into research and development and clinical diagnostics. The research and development segment includes drug discovery and development and biomarker discovery and validation. The clinical diagnostics segment includes infectious diseases, cancer, cardiovascular diseases, autoimmune diseases, nervous system disorders, metabolism and endocrinology disorders, and others. On the basis of end-user, the market is segmented into pharmaceutical and biotechnology companies, hospitals and research institutes, reference laboratories, and others.

Regional Analysis:

The multiplex assay market is dominated by North America due to increase in R&D activities and rising R&D expenditure in this region. According to the Pharmaceutical Research and Manufacturers Association (PhRMA), the U.S. carries out nearly half of the world's pharmaceutical Research and Development (R&D) and possesses the intellectual property rights on most of the newly developed medicines, thus driving the market growth in this region.

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