Friday, September 27, 2019

Refurbished Medical Devices Market Expecting a Luxurious Growth of 10.8 % with Future Prediction by 2023

Market Segmentation

Segments in the global refurbished medical devices market have been determined on the basis of diagnostic devices, therapeutic devices, and region. Diagnostic devices include CT scanners, MRI machines, X-Ray machines, ultrasound machines, ECG Systems, patient monitors, and others.
Therapeutic devices include defibrillators, heart-lung machines, coagulation analyzers, infant incubators and warmers, infusion pumps, and others.
Regions covered the global refurbished medical devices market report include Europe, North America, Asia Pacific, and the Middle East & Africa.

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Competitive Players:
Leading market participants included in MRFR's global refurbished medical devices market report are GE Healthcare, Toshiba Medical System, First Source, Inc, DMS Topline, Block Imaging International, Agito Medical, Soma Technology, Siemens Healthcare, Johnson & Johnson, Stryker Corporation, and Phillips Healthcare.

Refurbished Medical Devices Market - Insights

Medical devices have become an essential part of the modern healthcare sector due to the accuracy and efficiency they offer in various medical applications. Market Research Future has performed extensive research of the global refurbished medical devices market to find the market's rate of growth and various important details governing the market's upcoming projection period which ends in 2023. MRFR's findings suggest growth at a healthy 10.8% CAGR during the projection period. Refurbished medical devices are older models of commonly used medical devices and machinery which are restored to original factory settings by manufacturers or others and are then resold for use.
Refurbished medical devices often undergo rigorous quality checks to ensure that the devices are properly calibrated and offer an efficient degree of accuracy for diagnostic or therapeutic applications. The rising use of medical devices has raised the issue of increased waste, particularly of the electronic form as hospitals often update their equipment.
Refurbished medical devices offer a more affordable alternative to expensive medical devices and have long-use periods which mitigate the issue of medical waste and improve market growth. Refurbished medical devices are particularly popular in developing or under-developed economies as they help offer affordability in medical devices and make treatment or diagnosis more affordable as well. The increasing population across the globe, with larger population in poor parts of the world, is another factor which drives the growth of the refurbished medical devices market.
However, considerable taxes are levied on the import of medical devices, thus challenging market growth. Moreover, there is a significant lack of awareness with regards to refurbished medical devices which restrains the market.

Latest Industry News

The FDA has recently announced new supportive regulations regarding the servicing and refurbishment of medical devices.
Project MEND is building a larger facility for medical device refurbishing in Texas, U.S.A.

Refurbished Medical Devices Market - Regional Analysis

North America leads the global refurbished medical devices market due to the regions high adoption of medical devices and the resulting presence of a high volume of medical devices that may otherwise go to waste. Many organizations in the region refurbish medical devices for low-income bracket patients in the North American market. Europe and the Asia Pacific are neck and neck in terms of market size. However, it is likely that the Asia Pacific will make more significant progress during the review period due to the high adoption rate of refurbished medical devices in the many underdeveloped parts of the region. Emerging economies such as India, China, and many others have significant rural areas where the healthcare sector is expanding. Adoption of refurbished medical devices is expected to provide the regions healthcare sector with an overall boost. Meanwhile, the Middle East and Africa regional market have the smallest share of the market. However, the region displays potential due to the significant presence of poor countries where healthcare is a growing need.

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Major Table of Content Refurbished Medical Devices Market Research Report- Global Forecast to 2023

1 Report Prologue

2.      Introduction


2.1    Definition

2.2    Scope of the Study

2.2.1    Research Objective

2.2.2    Assumptions

2.2.3    Limitations

2.3     Market Structure

 2.4.    Market Segmentation

3 Research Methodology

3.1    Research Process
3.2    Primary Research
3.3    Secondary Research
3.4    Market Size Estimation

TOC Continued…!

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Human Rotavirus Vaccine Market 2018 Vendors Growth Prospects and Business Opportunity Forecasts by 2023

Segments:

The global Human rotavirus vaccine market has been segmented on the basis of type and end users.
Based on type, the market has been segmented as Rotarix, RotaTeq, Rotavac, Rotavin-M1, Lanzhou lamb and others.
Based on the end users, the market has been segmented as hospitals & clinics, academic and research and others.

Key Players in the Global Human rotavirus vaccine Market
Some of key players profiled in the report are Bharat Biotech, Merck & Co., Inc., GlaxoSmithKline plc. Multinational pharmaceutical drug company and others.

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The report for Global Human rotavirus vaccine market by Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions. 

Market scenario

Rotavirus vaccine is used to protect against rotavirus infections which cause severe diarrhoea among young children. Symptoms of rotavirus infection include severe diarrhoea, vomiting, fever, and abdominal pain which can result in disease. Rotavirus vaccine is administered by mouth and requires two or three doses starting around six weeks of age.
The vaccine first became available in the United States in 2006. Rotavirus is a double-stranded RNA virus of the family Reoviridae and is transmitted through the faecal-oral route. It infects the cell lining of the small intestine and causes gastroenteritis.
According to National Center for Biotechnology Information, rotavirus related diarrhoea was responsible for killing about 600,000 children in 2015, with more than 80% of all rotavirus-related deaths occurring in South Asia and sub-Saharan Africa.
The market drivers for rotavirus vaccine market are its safety profile including use in HIV/AIDS patients, growing number of immunity-compromised individuals, increasing geriatric population, growing population and live births etc. The market restraints are risks such as immune reaction, babies who have had intussusception, low healthcare expenditure in developing regions, cleanliness initiatives by NGOs and health awareness creation to eradicate the prevalence of this virus etc.
The global human rotavirus vaccine market is expected to reach US$ 12.3 billion by 2023, and the market is projected to grow at a CAGR of ~ 11.2 % during the forecast period 2017-2023.

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Regional analysis:
The Americas account for a significant market share owing to extensive use of medications and high expenditure on the health care. Additionally, the fastest uptake of new technology in the US drives the global human rotavirus vaccine market. Also, concentration of major research companies and vaccine research sector in the developed countries of this region is adding fuel to the market growth.
Europe is the second largest market in the world due to high income and healthcare penetration.
Asia Pacific region is expected to grow rapidly and China and India are likely to lead this market due to fast growing healthcare sector during the forecast period.
Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. The African region is expected to witness a moderate growth owing to poor economic and political conditions and poor healthcare development.

Major Table of Content:

1 Introduction
1.1 Definition
2 Research Methodology
3 Market Dynamics
4 Market Factor Analysis
5 Global Human Rotavirus Vaccine Market, By Type
6 Global Human Rotavirus Vaccine Market, By End Users
7 Global Human Rotavirus Vaccine Market, By Region
8 Competitive Landscape
9 Company Profile
10 Conclusion
11 Appendix

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Wednesday, September 25, 2019

Veterinary Surgical Instruments Market 2019 Top Key Players Revenue, Shares Analysis and Forecasts to 2023

Global Veterinary Surgical Instruments Market Players:

Eickemeyer Veterinary Equipment Inc.
Jørgen KRUUSE A/S
Surgical Holdings
Sklar Instruments
Whittemore Enterprises Inc.
Medtronics
B.Braun and others.

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Segmentation Analysis:

The global veterinary surgical instruments market is segmented on the basis of types. Based on the types, the market has been segmented as scalpel handles, forceps, dressing, scissors, needle holders and retractors. Based on the applications, the market has been segmented as orthopedic, sterilization, ophthalmic, dental. Based on the animals, the market has been segmented as canines, felines and large animals.

Global Veterinary Surgical Instruments Market – Highlights

The global veterinary surgical instruments market has been evaluated as average growing market and is expected to witness higher single digit growth in coming years. The market has been extremely fragmented with a large number of players. The industry of animal healthcare has seen strong technological advances in the last two decades. Most of these new tools and procedures have been adopted from human medical practice.
These advanced technologies have not only led to better treatments, but also faster and precise diagnosis. From Ultrasounds and MRIs to the Amplatz Canine Ductal Occluder, there are various new technologies that are giving veterinary specialists a greater ability to diagnose and ultimately save sick animals globally. New technologies such as Magnetic resonance imaging, Ultrasounds, Laparoscopy, Microfracture detection, 3-D printing and Recombinant DNA.
While various veterinary technologies are likely to effect the industry in 2016, the biggest advancement is probable going to be the ability to print 3D objects, this rapid-prototyping procedure has been used by veterinary specialists to create animal bone models from information collected by computed tomography scans. This procedure not only helps veterinarians educate pet owners about their pet’s medical treatment or condition, but it also helps veterinary specialists to gain a solid understanding of a pets internal bone or muscle structure before going in to operate.

Regional Analysis:

US accounts for the maximum market share due to favorable reimbursement scenario and the large and organized meat and dairy industry. Europe occupies the second position. The South American nations of Argentina, Paraguay, and Uruguay etc. also have large markets. However there is a definite shift of veterinary surgical instruments market to Asia pacific region. The Asia Pacific region will be led by China and India.

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Gitelman Syndrome Market Innovative Treatments, Success Milestones by Top Players and Forecasts by 2023

Gitelman Syndrome Market - Key Players
Some of the key players in the global Gitelman syndrome market are Pfizer Inc. (U.S.), Hisoar (China), Taj Pharmaceuticals Ltd. (India), Merck & Co., Inc. (U.S.), Xinhua Pharm (China), BIOCAUSE Inc. (China), Thermo Fisher Scientific Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), QIAGEN (Germany), Abbott (U.S.), Danaher (U.S.), Agilent Technologies (U.S.), and others.

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Segmentation 

The global Gitelman syndrome market is segmented on the basis of diagnosis, treatment, and end user.
On the basis of the diagnosis, the market is segmented into urine electrolytes tests, molecular genetic tests, and others. The urine electrolytes tests are sub-segmented into sodium test, potassium test, chloride test, and others.
The molecular genetic tests are sub-segmented into PCR (Polymerase Chain Reaction) hybridization and others. On the basis of the treatment, the market is segmented into supplements, medication, and others.
The supplements segment is sub-segmented into potassium supplement, magnesium supplement, and others. The medication segment is sub-segmented with diuretics, and anti-inflammatory drugs (NSAIDS). On the basis of the end user, the market is segmented into hospitals & clinics, diagnostic labs, research organization, and others.

Gitelman Syndrome Market - Highlights

Increasing prevalence of chronic kidney diseases followed by the growing biotechnology sector is estimated to drive the market growth during the forecast period. Moreover, growing adolescent population and increased R&D expenses by the key players boost the market growth to some extent. However, stringent FDA approvals, limited availability of the diagnostic and treatment options, low per capita healthcare expenditure and lack of awareness may restrain the market growth.
The global Gitelman syndrome market is expected to grow at a CAGR of 7.6% during the forecast period 2017-2023.

Gitelman Syndrome Market - Regional Analysis

The Americas dominate the global Gitelman syndrome market. Increasing prevalence of chronic kidney diseases and rising adolescent population are majorly driving the market growth within the region. Additionally, the presence of developed economies in the American region fuels the market growth. Europe is the second largest market in the global Gitelman syndrome market. Huge patient population having chronic kidney diseases and rising government support for research & development drive the European market growth. On the basis of the region, the European market is divided into Western Europe and Eastern Europe. Western Europe leads the regional market due to the presence of developed economies within the region. However, Eastern Europe is estimated to be the fastest growing sector of the market. The Asia Pacific is estimated to be the fastest growing region. Developing healthcare sector and growing biotechnology sector followed by increasing government support is boosting the market growth. The Middle East & Africa holds the least share of the global Gitelman syndrome market. However, the presence of poor economies and stringent government policies hinders the market growth within the African region.

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Tuesday, September 24, 2019

Optic Nerve Glioma Market 2019 Size, Share, Trend Analysis by 2023

Optic Nerve Glioma Market - Highlights

Optic nerve glioma or optic glioma or juvenile pilocytic astrocytoma is a type of brain tumour primarily affecting the optic nerve cells. Optic nerve gliomas are slow growing, rare and mostly found in children. Its occurrence in individuals over age 20 is quite rare and any other occurrence is associated with the genetic disorder neurofibromatosis type 1, or NF1 in approximately 30% of the cases. Symptoms of an optic nerve glioma are nausea and vision disturbances, vomiting, balance problems, involuntary eye movements, memory impairment, delay in growth etc. daytime sleepiness is also witnessed in a large number of patients. The pressure exerted by these tumours may cause secondary effects such as hormonal problems due to effects on the pituitary gland. Optic nerve gliomas comprise about 1% of all intracranial tumours. About 10% of optic nerve gliomas are located within an optic nerve, one third in both optic nerve and chiasm which is an area where the left and right optic nerves cross and approximately one third involve the chiasm itself. The remaining one fourth optic nerve gliomas are in the hypothalamus and approximately 5 .5% gliomas are multi-centric.

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Product development and development of novel drugs is the most attractive strategy for the optic nerve glioma industry. As there is no effective treatment for malignant optic nerve gliomas, advent of any novel drug will have a remarkable effect on the existing treatment market. Any novel drug is expected to be a market leader with minimum marketing expenditure. The high development cost of novel anticancer drugs is a constraint on the market. Thus, pioneering in the drug development can pose to benefit the new entrants of the market.

Global Optic Nerve Glioma Market Players

Key players profiled in the report are Emcure pharmaceuticals ltd., Sigma-Aldrich Co., ThermoFisher Scientific Inc., Pfizer Inc., Taj Pharmaceuticals Limited, Novartis International AG, Teva Pharmaceutical Industries Ltd, GE Healthcare, Siemens Healthcare, Philips Healthcare, Shimadzu Corporation, Toshiba Medical Systems Corporation and others and others.

Optic Nerve Glioma Market - Segmentation

The global optic nerve glioma market has been segmented on the basis of types, diagnosis, treatment and end users.
Based on types, the market has been segmented as malignant optic nerve glioma and benign optic nerve glioma.
Based on the diagnosis, the market has been segmented into neurological exam, Computed Tomography (CT), Magnetic Resonance Imaging (MRI), biopsy and others.
Based on the treatment, the market has been segmented into surgery, radiation therapy, chemotherapy and others.
Based on the end users, the market has been segmented as hospitals and clinics, diagnostic centers and others.

Optic Nerve Glioma Market - Regional Analysis

The global optic nerve glioma market consists of four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa.
The Americas dominate this market, particularly North America due to high healthcare expenditure in the region.
Rising screening are major drivers for the growth of Europe optic nerve glioma market. Some other factors such as growing cancer research, advanced healthcare facilities, and adoption of new therapies are driving the growth for the market.

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Asia Pacific is the fastest growing and high potential market for optic nerve glioma. This growth is majorly attributed to developing healthcare sector, changing healthcare practices, growing number of cases and rising demand from the countries like China.
The Middle East & Africa region is expected to have limited growth due to some factors such as traditional healthcare practices, limited access and availability of the products, poor public healthcare expenditure etc.
Taste the market data and market information presented through more than 50 market data tables and figures spread over 80 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Optic Nerve Glioma Market” Research Report – Forecast till 2023.

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Global Women Healthcare Market Share Analysis, Strategies, Revenue and Forecasts to 2023

Women Healthcare Market - Key Players

Leading players profiled in the women healthcare market include Teva Pharmaceuticals (Israel), Pfizer Inc., (US), Merck & Co., (US), Eli Lilly Company (US), Becton Dickinson and Company (US), Bayer A G (Germany), Amgen (California) and Allergan plc (Ireland).

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Women Healthcare Market - Market Analysis

The Global Women Healthcare Market is developing at a phenomenal pace chiefly due to the increase in number of menopausal conditions amid women. This market is expected to grow at a phenomenal 5.4% CAGR during the forecast period (2017-2023). Women health refers to health issues that are definite to women anatomy. This is associated to the unique problems that includes menopause, pregnancy and also conditions related to the female organs. Moreover, women health includes medical situations as well where women experience problems which is not connected to their biology directly but on account of access to medical treatments that are gender-differentiated.
There are a couple of factors that is likely to accelerate the growth of the women healthcare market. Some of the market trends and factors in this market as per an analysis conducted by Market Research Future (MRFR) include rising awareness of initial diagnosis, improved treatment and increase in the innovation of new drugs to treat different women health disorders. The additional factors that is driving the growth of the global women healthcare market include rising female geriatric population, favorable government policies, unhealthy lifestyle, initiatives undertaken by the private organizations, increase in grants and public-private funding for infertility treatments.

Women Healthcare Market – Segmental Analysis

In MRFR’s report, the women healthcare market has been segmented on the basis of indications, diagnosis, treatment and end-users.
Based on indications, it is segmented into gynecologic cancer, polycystic ovary syndrome, reproductive health management, infertility and postmenopausal osteoporosis. Gynecologic cancer is further segmented into ovarian and breast cancer. Of these, postmenopausal osteoporosis holds the maximum market share on account of increase in female population aged above 40 years along with launch of new drugs for treating menopausal osteoporosis. The presence of a good number of leading players coupled with ongoing Research and Development (R&D) is predicted to boost the growth of this segment over the forecast period.
Based on diagnosis, the women healthcare market is segmented into ovulation testing, biopsies, diagnostic imaging tests and bone densitometry.
Based on treatment, it is segmented into surgeries and therapeutics.
Based on end-users, the women healthcare market is segmented into research institutes, gynecology centers, hospitals and clinics. Of these, the hospitals and clinics hold the maximum market share due to higher proportion of women patients visiting hospitals for diagnosis as well as treatment of health issues.

Industry News:

Jan 2019- Leading researchers at Georgia Tech have come up with a medical patch which comprises of hormones especially for birth control. The patch must be applied for a couple of seconds on the arm or leg and it will offer contraception for 30 days.
An International Conference will be held in France on 1st and 2nd April, 2019. The theme will be on Gynecology and Obstetrics where versatile approaches will be explored on innovation, strategies and developments on women’s health. This will be followed by another conference on 8th and 9th April, 2019 in UAE on women’s health, fertility and reproduction. The theme will be on managing reproductive life-fertility and sexuality.

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Women Healthcare Market - Regional Overview

Based on region, the global women healthcare market covers growth opportunities and latest trends across North America, Europe, Asia-Pacific and Middle East and Africa. Of these, North America commands the maximum share in the women healthcare market and is predicted to touch USD 21,782.6 million over 2023 owing to well-developed economy coupled with the right initiatives taken for promoting women healthcare in this region. On the contrary, some factors such as rising cost of diagnosis and treatment is hindering the growth of the market in the Middle East & African region. The Asia-Pacific countries are anticipated in being the fastest growing region during the assessment period with a 5.46% CAGR.

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Contraceptive Drugs Market SWOT Analysis by Global Industry Revenue and Share by 2023

Market Segmentation

Market Research Future report offers an all-inclusive segmental analysis of the contraceptive drugs market on the basis of type and end-user.
Based on type, it is segmented into injectable, oral contraceptive and others. The oral contraceptive segment is further segmented into progestogen-only pills and oral contraceptive pills. Of these, the oral contraceptives segment is expected to have the maximum share in the contraceptive drugs market during the forecast period due to widespread utilization of oral pills by women.
Based on end user, the contraceptive drugs market is segmented into hospitals, clinics and others.

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Worldwide Key Players:

Leading players profiled in the contraceptive drugs market include
  • Cooper Surgical (US)
  • Mayer Laboratories (US)
  • The Female Health Company (US)
  • Church & Dwight (US)
  • Reckitt Benckiser Plc (UK)
  • Piramal Enterprises Ltd (India)
  • Mankind Pharma Ltd. (India)
  • Janssen Global Services llc. (US)
  • Allergan plc. (Ireland)
  • Bayer AG (Germany)
  • Teva Pharmaceutical Industries Ltd. (Israel)
  • Pfizer Inc (US)
  • Merck & Co.Inc (US)
Contraceptive Drugs Market: Analysis

The global contraceptive drugs market is expected to touch new high of around USD 22.15 billion at a splendid 6.5% CAGR during the forecast period (2018-2023). Simply put, contraceptive drugs or pills are medicines that help in preventing unwanted pregnancy. It will block the usual ovulation process or alter the process that supports the egg’s fertilization. Patches, combined oral contraceptives, implants, injectables, vaginal rings and intra-uterine devices (IUDs) are the most recent contraceptive methods that is accessible in the market.
There are numerous factors that is driving the contraceptive drugs market. Some of the market factors and trends in this market as per a study conducted by Market Research Future (MRFR) include increase in the existence of sexually transmitted diseases, increasing focus on the advancements in technology, rise in the initiatives taken by governments and NGOs for promoting the use of contraceptive drugs, increasing innovations and research activities in this field, rising use of contraception drugs in young women, increase in higher education attainment, increase in the intake of oral pills and awareness about modern contraception. On the contrary, factors such as strict governmental rules in most of the countries, side effects associated with contraceptive drugs, religious and cultural opposition of such drugs in developing countries and also the rising prevalence of infertility is projected to restrict the growth of the contraceptive drugs market in the coming years.

Industry News:

Jan 2019- A research conducted by a postdoctoral researcher, Wei Li at Atlanta’s Georgia Institute has introduced an innovative technology which will offer the contraceptive levonorgestrel with the help of a microneedle skin patch. This patch will come with drug-containing needles which will break off post application of the patch for a couple of seconds. This tiny needle will remain under the skin and release

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Regional Analysis

Based on region, the contraceptive drugs market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Middle East and Africa. Of these, North America will command the market due to rising awareness amid people coupled with increase in the rates of abortion. As per the 2015 report published by the Centers for Disease Control and Prevention, approximately 229,715 babies had been born from females aged 15-19 years. Europe also has a favourable share in the contraceptive drugs market due to increasing awareness regarding healthcare industries, well-developed technology and increasing government support. Besides, companies here are mostly into export that will boost up the share of the market across the globe. The APAC and the Middle East and Africa are also likely to have a favorable share. Countries such as China and India will experience the fastest growth in the contraceptive drugs market owing to increasing incidence of pregnancy amid teenagers. As per WHO, the birth rates in adolescents is 45 births/1000 females in South-Eastern Asia while 7 births/1000 females in Eastern Asia. They are open for adopting new treatment choices from developed countries. It is this gap amid the developed countries and the developing countries that will offer growth opportunities for the market players in the near future.

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Monday, September 23, 2019

Oxygen Therapy Equipment Market Opportunities, Drivers, Manufacturers, Analysis and Forecasts Till 2023

Competitive Analysis:

Some of the key players in the global oxygen therapy equipment market are Philips Healthcare (A Division of Koninklijke Philips N.V.), Linde Healthcare (A Division of Linde Group), Becton Dickinson and Company, Taiyo Nippon Sanso Corporation, Smiths Medical (A Division of Smiths Group PLC), Drägerwerk AG & Co. KGaA, Teleflex Incorporated, Invacare Corporation, Fisher & Paykel Healthcare Corporation Limited, Allied Healthcare Products Inc., Esex Industries, Inc., Messer Medical Austria GmbH, Medicop D.O.O

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Segmental Analysis:

The segmentation of the oxygen therapy equipment market has been segmented on the basis of portability, application, product, and end users. Based on the product, the oxygen therapy equipment market has been segmented into oxygen delivery devices and oxygen source equipment. The segmentation of the oxygen therapy equipment market based on portability comprises of portable oxygen therapy devices and stationary oxygen therapy devices. Based on application, the oxygen therapy equipment market has been segmented into asthma, COPD, respiratory distress syndrome, cystic fibrosis, pneumonia, and other diseases. The end user segment of the oxygen therapy equipment market comprises of hospitals, ambulatory surgical centers, home care settings, physician offices, and others. Based on the region, the market for oxygen therapy equipment is segmented into Europe, Asia Pacific, the Middle East, the Americas, and Africa.

Oxygen Therapy Equipment Market Overview:

The development of procedures that can provide an increased level of preventive care is driving the demand for oxygen therapy equipment. Reports that gauge the healthcare industry have been made available by Market Research Future which creates reports on several industry verticals that review the market growth and prospects. The market is expected to register a CAGR of 8.9 % in the forecast period.
The amplified occurrence of ailments such as pneumonia, chronic obstructive pulmonary disease, and asthma is anticipated to accelerate the development of the oxygen therapy equipment market. The intensifying healthcare expenditures and advantageous reimbursement policies for oxygen therapy equipment are forecasted to motivate the growth of the market in the upcoming years.
The progress of the market is expected to capture increased momentum in the coming years primarily due to the presence of conducive government policies. The growth turnaround in the market is expected to activate new opportunities for expansion of the market. The improvements in various domestic economies are expected to motivate the development of the market in the upcoming period. The accessibility to key tactical opportunities leading to consequent stabilization of inflation is anticipated to create promising openings for expansion in the coming years. In the coming years, the influence exerted by relatively high-income levels in nations around the world and the potential gains observed to some of the currencies in the world is expected to reinforce the evolution of the market in the forecast period. A considerable rise in the number of investors in the market is projected to create an advantageous scenario for the progress of the market in the forecast period.

Detailed Regional Analysis: 

The regional evaluation of the Oxygen Therapy Equipment Market states that the Americas region is dominating the oxygen therapy equipment market due to the presence of a huge patient population for diseases like COPD, promising reimbursement policies and growing demands for home care by the growing geriatric population. Additionally, rising healthcare expenditure, the presence of developed economies like the U.S. and Canada fuel the market growth. The European market is likely to hold the second chief market share. Factors such as increasing government support for the healthcare sector, huge patient population drives the market growth within the region. While the market portion in the Asia Pacific region is also estimated to witness growth in the future owing to access to ideal treatment facilities and increasing demand for government initiatives, progressive technology, improved adoption rate, and mounting healthcare expenditure. Conversely, the Middle East and African region have a minimum stake in the oxygen therapy equipment market. This can be accredited to the incidence of deprived economies and strict government policies, particularly in the African region.

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Medical Morphine Market Opportunities, Drivers, Manufacturers, Analysis and Forecasts Till 2023

Market Segmentation

In MRFR’s report, the medical morphine market is segmented on the basis of administration, application, distribution channel and end-users.
Based on administration, it is segmented into injectable and oral. Here the oral segment is predicted to have maximum market share due to its high accessibility, dose accuracy and the ease of carrying the same in comparison to injectables as well as other counterparts.

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Based on application, the medical morphine market is segmented into diarrhea, myocardial infarction, kidney stone, cancer and arthritis and others. Of all, the others segment is predicted to grow at the fastest with 3.1% CAGR due to rising number of morphine prescriptions for nominal conditions in the US. The cancer segment is predicted to touch a lucrative growth during the forecast period owing to rising prevalence of bone cancer across the world.
Based on distribution channel, it is segmented into online pharmacy, retail pharmacy and hospital pharmacy.
Based on end-users, the medical morphine market is segmented into homecare, ambulatory surgical centers, hospitals and clinics.

Market Players
  • Mallinckrodt Pharmaceuticals
  • Alcaliber S.A
  • Purdue Pharma L.P.
  • Pfizer Inc.
  • Johnson Matthey Fine Chemicals
  • Sun Pharmaceutical Industries Ltd.
  • Verve Health Care Ltd.
  • Taj Pharmaceuticals Limited
  • NORTHEAST PHARM
  • MANUS AKTTEVA BIOPHARMA LL
Medical Morphine Market - Market Analysis

Morphine is basically a quintessential pain medication prescribed by licensed physicians. It belongs to the group of painkillers known as opioids which acts on the central nervous system directly to reduce chronic and acute pain. Today, it is taken in different forms namely oral solutions, injections, tablets and capsules and suppositories. Morphine is a strong painkiller that is used for treating severe pain such as during a serious injury, post operation or pain from a heart attack or cancer. Moreover, it is also used in case of other types of pain that are long-standing where weaker painkillers fail to work. The dosage of morphine differs from individual to individual and will rest on the severity of the pain. It is available in two forms- slow-release morphine and fast-acting morphine.

Competitive Analysis

The rising number of investors in this market is strengthening the competition amid the global medical morphine market players. The high expenditure on R&D by the pharmaceutical companies to introduce new products in the global market along with strategic mergers and acquisition by the leading players is resulting in the expansion of their business within the medical morphine market.

Regional Analysis

Based on region, the medical morphine market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Middle East and Africa. Of these, North America leads the market due to rising demand for opioid pain medications. Europe holds the second largest position due to rising prevalence of diseases such as myocardial infarction, cancer and others. In Asia Pacific, the medical morphine market is projecting a striking growth owing to rising geriatric population combined with increased intake of medical morphine as a pain killer in this region. The medical morphine market in Middle East and Africa is predicted to grow in a steady pace owing to limited accessibility of medical facilities, lack of awareness amid the people in the region’s underdeveloped areas and poor healthcare infrastructure.

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Contraceptive Drugs Market Opportunities, Drivers, Manufacturers, Analysis and Forecasts Till 2023

Market Segmentation

Market Research Future report offers an all-inclusive segmental analysis of the contraceptive drugs market on the basis of type and end-user.
Based on type, it is segmented into injectable, oral contraceptive and others. The oral contraceptive segment is further segmented into progestogen-only pills and oral contraceptive pills. Of these, the oral contraceptives segment is expected to have the maximum share in the contraceptive drugs market during the forecast period due to widespread utilization of oral pills by women.
Based on end user, the contraceptive drugs market is segmented into hospitals, clinics and others.

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Worldwide Key Players:

Leading players profiled in the contraceptive drugs market include
  • Cooper Surgical (US)
  • Mayer Laboratories (US)
  • The Female Health Company (US)
  • Church & Dwight (US)
  • Reckitt Benckiser Plc (UK)
  • Piramal Enterprises Ltd (India)
  • Mankind Pharma Ltd. (India)
  • Janssen Global Services llc. (US)
  • Allergan plc. (Ireland)
  • Bayer AG (Germany)
  • Teva Pharmaceutical Industries Ltd. (Israel)
  • Pfizer Inc (US)
  • Merck & Co.Inc (US)
Contraceptive Drugs Market: Analysis

The global contraceptive drugs market is expected to touch new high of around USD 22.15 billion at a splendid 6.5% CAGR during the forecast period (2018-2023). Simply put, contraceptive drugs or pills are medicines that help in preventing unwanted pregnancy. It will block the usual ovulation process or alter the process that supports the egg’s fertilization. Patches, combined oral contraceptives, implants, injectables, vaginal rings and intra-uterine devices (IUDs) are the most recent contraceptive methods that is accessible in the market.
There are numerous factors that is driving the contraceptive drugs market. Some of the market factors and trends in this market as per a study conducted by Market Research Future (MRFR) include increase in the existence of sexually transmitted diseases, increasing focus on the advancements in technology, rise in the initiatives taken by governments and NGOs for promoting the use of contraceptive drugs, increasing innovations and research activities in this field, rising use of contraception drugs in young women, increase in higher education attainment, increase in the intake of oral pills and awareness about modern contraception. On the contrary, factors such as strict governmental rules in most of the countries, side effects associated with contraceptive drugs, religious and cultural opposition of such drugs in developing countries and also the rising prevalence of infertility is projected to restrict the growth of the contraceptive drugs market in the coming years.

Industry News:

Jan 2019- A research conducted by a postdoctoral researcher, Wei Li at Atlanta’s Georgia Institute has introduced an innovative technology which will offer the contraceptive levonorgestrel with the help of a microneedle skin patch. This patch will come with drug-containing needles which will break off post application of the patch for a couple of seconds. This tiny needle will remain under the skin and release

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Regional Analysis

Based on region, the contraceptive drugs market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Middle East and Africa. Of these, North America will command the market due to rising awareness amid people coupled with increase in the rates of abortion. As per the 2015 report published by the Centers for Disease Control and Prevention, approximately 229,715 babies had been born from females aged 15-19 years. Europe also has a favourable share in the contraceptive drugs market due to increasing awareness regarding healthcare industries, well-developed technology and increasing government support. Besides, companies here are mostly into export that will boost up the share of the market across the globe. The APAC and the Middle East and Africa are also likely to have a favorable share. Countries such as China and India will experience the fastest growth in the contraceptive drugs market owing to increasing incidence of pregnancy amid teenagers. As per WHO, the birth rates in adolescents is 45 births/1000 females in South-Eastern Asia while 7 births/1000 females in Eastern Asia. They are open for adopting new treatment choices from developed countries. It is this gap amid the developed countries and the developing countries that will offer growth opportunities for the market players in the near future.

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Friday, September 20, 2019

Fabry Disease Market Global Analysis 2019 Size, Share, Trend, Growth, Future Prospect by 2023

Key Players:

Some of the prominent players in the global Fabry disease market are Amgen Inc., Amicus Therapeutics, Inc., AVROBIO, Inc., Idorsia Pharmaceuticals Ltd, Protalix, Bristol-Myers Squibb Company, GlaxoSmithKline, iBio, Inc., Neuraltus Pharmaceuticals, Inc., Novartis AG, Pfizer Inc., Sanofi, Shire, Takeda Pharmaceutical Company Limited, Teva Pharmaceutical Industries Ltd and others.

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Fabry Disease Market Highlights:

The Global Fabry Disease Market is expected to grow at a CAGR of 6.8% during the forecast period. Technological advancements, strong pipeline, advancements in healthcare facilities, and favorable funding policies are expected to drive the market growth over the forecast period. Owing to the increasing awareness about Fabry disease, new and existing market players are coming up with better treatment approaches. For instance, in 2018, 2018, Amicus Therapeutics launched Galafold capsules 123mg for the treatment of patients aged 16 years and older with a confirmed diagnosis of Fabry disease and who have an amenable mutation.
However, diverse range of symptoms, and related complications can restrain the market growth over the assessment period.

Segmentation:

The Global Fabry Disease Market has been segmented into type, diagnosis & treatment and end user.
The market, on the basis of type, has been segmented into type-1 and type-2. The type-2 Fabry disease holds the major market share due to the high occurrence of type-2 Fabry disease i.e. 1 in 1,500 to 4000 males.
The market, by diagnosis & treatment, has been segmented into diagnosis and treatment. The diagnosis segment is further classified as blood test, urine test, thyroid test, lung function test, and imaging. The imaging segment includes electrocardiogram (EKG), echocardiogram, brain MRI, CT scan and others. The treatment segment is further classified as enzyme replacement therapy, gene therapy, pharmaceutical formulations containing agalsidase alfa, analgesics, anticonvulsants, nonsteroidal anti-inflammatory drugs (NSAIDs), and others.
The market, by end user, has been segmented into hospitals & clinics, diagnostic centers, research & academic institutes, and others.

Regional Analysis:

Geographically, the Americas is expected to dominate the global market owing to the increasing technological advancements and rising research and development activities. Gastrointestinal manifestations such as abdominal pain, diarrhea and nausea are significant burden in a patient with Fabry disease. So, for the advanced treatment of these patients SmartPill testing procedure is developed to gain additional understanding of Fabry disease manifestation via motility abnormalities in order to improve symptom targeted therapy. This device is currently under clinical trial and the sponsor of this study is Massachusetts General Hospital.

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Europe is expected to hold the second largest market share. Nearly 2.2 in 10,000 people in the European Union (EU) are affected with Fabry disease and Fabrazyme (agalsidase beta), Galafold (migalastat) and Replagal (agalsidase alfa) are the three authorized drugs used for the treatment of Fabry disease.
Asia-Pacific is expected to be the fastest growing market owing to the improving healthcare infrastructure.
Moreover, the Middle East and Africa region is expected to hold the least market share in the global Fabry disease market.

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Veterinary/Animal Vaccines Market 2019 Size, Share, Trend, Growth, Global Analysis 2025

Segment Analysis:

The global veterinary/animal vaccines market has been segmented into type, technology, and region. Based on type, the veterinary/animal vaccines market has been segmented into livestock vaccines, porcine vaccines, companion animal vaccines, poultry vaccines, and aquaculture vaccines. 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.

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Global Veterinary/Animal Vaccines Market: Highlights

The global veterinary/animal vaccines market is expected to grow at CAGR of 6.38% to reach USD 9,910.59 million by 2025
Veterinary vaccines are used to prevent infectious diseases caused by various causing agents and to provide protection to animals from various life-threatening disorders. Majority of the products are used for immunization of companion animals, ruminants, swine, poultry, and aquaculture. Veterinary vaccination has been proved helpful in the prevention of outbreak of livestock diseases.
An increasing number of pet owners, growing livestock population and disease outbreaks have led to the growth of the global veterinary/animal vaccines market in recent years. However, high storage cost associated with veterinary vaccines is likely to restrain the market growth over the forecast period.
Market Research Future (MRFR) recognizes the following companies as the key players in the global veterinary/animal vaccines market that includes Boehringer Ingelheim International GmbH (Germany), Zoetis (US), Ceva (US), MSD & Co. Inc (US), Elanco (US), Virbac (France), Phibro Animal Health Corporation (US) Hipra (Spain), IDT Biologika GmbH (Germany), Biogenesis Bago SA (Argentina), and others.

Key Findings of the Study:
  • Global veterinary/animal vaccines market is projected to reach USD 9,910.59 million by 2025 with 6.38% CAGR during the review period of 2018 to 2025
  • Americas accounted for the largest share due to in the region
  • The livestock vaccines segment is accounted for the largest share, holding a market value of USD 1,558.94 in 2017.
  • Some of the players operating in the veterinary/animal vaccines market are Boehringer Ingelheim International GmbH, Zoetis, Ceva, MSD & Co. Inc., Elanco among others.
Regional Analysis

Geographically, the Americas is expected to dominate the global veterinary/animal vaccines market. This is owing to the increasing number of pet owners, and growing livestock population and disease outbreaks. Europe showed a considerable amount of growth in the market due to the advances in the technology underlying veterinary vaccines and government & private support. Asia-Pacific is estimated to be the fastest growing region in the market. This is owing to the growing penetration of the veterinary sector, surging number of private veterinary clinics, increasing awareness about animal welfare, and rising non-governmental organizations’ (NGOs) work for the welfare of animals. On the other hand, the Middle East & Africa has the least share of the market.

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Rumination Syndrome Market 2018 | Ultimate Analysis and Global Foresight to 2023; Assert MRFR

Rumination Syndrome Market Segmentation

The Global Rumination Syndrome Market is segmented by diagnosis, treatment, and end-user. The diagnosis segment is further sub-segmented into esophagogastroduodenoscopy, gastric emptying, and others. Furthermore, on the basis of treatment, the market is segmented into behavior therapy and medication. The medication segment has been sub-segmented into proton pump inhibitors and others. Proton pump inhibitors are sub-segmented into esomeprazole, omeprazole, pantoprazole, lansoprazole, dexlansoprazole, rabeprazole, and others. Based on end-user, the market is segmented into gastroenterology clinics, hospitals, research centers, and others.

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Based on region the market is segmented into Americas, Europe, Asia Pacific, and the Middle East and Africa. The American rumination syndrome market is segmented into two regions, namely, North America and South America. North America is further segmented into the U.S. and Canada. The European region includes both Eastern and Western European countries which are involved in the deployment of the rumination syndrome. Countries that are majorly involved in the rumination syndrome market are the U.K., France, Germany, Spain, and Italy, among others.

Rumination Syndrome Market Highlights

Gastrointestinal disorders cover a wide range of diseases. According to the WHO, approximately 6% of the total European population is suffering from GI disorders. Beside common diseases such as rumination syndrome, diarrhea, and chronic diseases such as celiac disease, diverticulitis, and irritable bowel syndrome help in contributing a huge share of the GI drug market. Factors such as increasing investments in research activities and growing population are responsible for the growth of the market in this region. Besides, this unhygienic food and improper diet are responsible for causing many GI disorders. Incorrect self-diagnosis and introduction of many misbranded and spurious drugs in the market are likely to be responsible for hampering the rumination syndrome market growth during the forecast period.

Key Players in the Global Rumination Syndrome Market

Pfizer Inc., Valent Pharmaceuticals, Medtronic, Astra Zeneca, Eisai Co. Ltd., Takeda Pharmaceuticals, Allergan Plc, Novo Nordisk A/S, Johnson & Johnson, Bayer AG, Otsuka
Pharmaceutical Co. Ltd, and others.

Regional Rumination Syndrome Market Summary:

According to MRFR analysis, North America holds the largest market and is mainly driven by the presence of major market players, high healthcare spending, and continuous technological development. Furthermore, established market players in the market lead to globalization by pushing new products and services into developing countries and emerging economies. South America is expected to be the fastest growing market for the American rumination syndrome market due to technologically advanced devices for diagnosis and increasing demand for treatment options of chronic diseases during the forecast period 2018–2023.
The European rumination syndrome market is expected to exhibit growth during the forecast period, 2018 to 2023 with an increasing emphasis on research and developmental activities for improvement in diagnosis and treatment methods. Moreover, Germany and the U.K. are the major contributors to the growth of the market. Additionally, increasing expenditure on healthcare by these countries in Europe also accelerates the growth of the market.
Asia Pacific is expected to grow at a faster pace during the forecast period, 2018–2023. The growth is majorly attributed to the increasing patient population in developing countries and increasing investments in the healthcare sector. For instance, India is experiencing high demand for GI and related disorder drugs. Moreover, major pharmaceutical drug manufacturers are using their technology and services to develop new drugs for GI diseases to meet the growing demand. Furthermore, healthcare in Malaysia is segmented into a government universal healthcare scheme and a private healthcare system. The private healthcare system is growing rapidly, especially, in urban areas due to increasing wealthy and middle-class population, geriatric population, urbanization, and high-quality healthcare and medicines. Thus, the rapidly growing economies of the Asia Pacific region are expected to provide vital support to the global rumination syndrome market.
The Middle Eastern and African market for the rumination syndrome exhibits a steady rise with an increase in the number of healthcare facilities providing treatments of chronic conditions and the flourishing growth of the medical devices market. In the African region, the awareness about the rumination syndrome is fueling the growth of the market.

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Thursday, September 19, 2019

Medical Device Connectivity Market Opportunities, Drivers, Manufacturers, Analysis and Forecasts Till 2023

Segmentation:

The global medical device connectivity market is segmented on the basis of products and services, technology, and end-user. By products and services, the market is segmented into medical device connectivity solutions and medical device connectivity services. Medical device connectivity solutions are further segmented into medical device integration solutions, telemetry systems, connectivity hubs, and interface devices. Whereas, medical device connectivity services are further segmented into support and maintenance services, implementation and integration services, and training services. Based on application the market is segmented into anesthesiology, respiratory therapy, dialysis, cardiology, oncology, home healthcare, and others.

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Based on technology the market is segmented into wired technologies, wireless technologies, and hybrid technologies. By end-user, the market is segmented into hospitals, ambulatory care centers, diagnostic centers, and others. The global medical device connectivity market, by region, is majorly categorized into Americas, Europe, Asia Pacific, and the Middle East and Africa. The American medical device connectivity market is segmented into two regions, namely, North America and South America.
The European region includes both Eastern and Western European countries which are involved in the deployment of medical device connectivity. The countries that are majorly involved in the medical device connectivity market are the U.K., France, Germany, Spain, and Italy, among others.

Key Players:

Some of the key players in this market are Qualcomm (U.S.), Cerner (U.S.), GE Healthcare (U.S.), Koninklijke Philips N.V. (Netherlands), Bernoulli Enterprise (U.S.), Medtronic (U.S.), Cisco Systems (U.S.), Nanthealth (U.S.), Infosys (India), Lantronix (U.S.), True Process (U.S.), Ihealth Lab (U.S.), Nuvon, Inc, Stryker Corporation, eDevice, Inc., and others.

Medical Device Connectivity Market - Market Highlights

The integration of IT and healthcare is being widely hyped to possess the potential to reshape the medical care sector and its quality without compromising on the cost. This will help patients especially those who have diabetes and other chronic diseases. The medical device connectivity services and solutions are easy to access and can be used by anyone beyond the barriers of age, class, or country. The medical device connectivity solutions are cost-effective as they save frequently visiting costs in clinics, consultation fees of doctors, and transportation costs, among others. Furthermore, they use real-time health information and provide convenience to patients to avail their benefits and services while sitting in their comfort zones.

Regional Analysis

The Americas dominates the global medical device connectivity market owing to the increasing application in the healthcare IT industry and presence of a well-developed healthcare sector within the region. Moreover, the increasing healthcare expenditure, growing geriatric population, and presence of key players within the regional boundaries provide a favorable background for the market growth.
Europe is the second largest in the global medical device connectivity market. Factors such as the increasing availability of funds for research and a huge patient population followed by a well-developed healthcare sector drive the market within the region.
Asia Pacific is estimated to be the fastest growing market for medical device connectivity. This can be attributed to the presence of developing economies such as India and China and increasing patient population. Moreover, the increasing healthcare expenditure and a rapidly developing healthcare sector boost the market growth within the region.
On the other hand, the Middle East and Africa has the least share in the global medical device connectivity market due to the low per capita healthcare expenditure and stringent government policies, especially within the African region. It is estimated that the Middle East holds a majority of the market within the Middle Eastern and African region.

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Human Insulin Market Key Developments Trends, Analysis and Forecasts to 2023

Human Insulin Market - Competitive Landscape

The notable players operating in the global human insulin market include Biocon Ltd, ADOCIA, Julphar, Bristol-Myers Squibb Company, Oramed Pharmaceuticals, Inc, Sanofi, Tonghua Dongbao Pharmaceuticals Co., Ltd., Merck & Co, Pfizer, Inc, GlaxoSmithKline, and Novo Nordisk A/S.

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Human Insulin Market - Segmentation 

The global human insulin market has been segmented based on type, methods, indication, and end users. By type, the market has been segmented into accessories and devices.
By methods, the market has been segmented into traditional human insulin and modern human insulin.
By indication, the market has been segmented into type 1 diabetes and type 2 diabetes.
By end users, the market has been segmented into hospitals, forensic laboratories, research centers, and others.

Human Insulin Market - Highlights

Change in lifestyle and high prevalence of obesity is the root cause of widespread occurrence of diabetes which induces demand for human insulin. The rise in the global geriatric population who are at more risk of suffering from diabetes coupled with raising awareness of diabetes boosts the growth of the global human insulin market.
Growing emphasis on diabetes management and technological advancement of insulin delivery devices such as the introduction of insulin pens have added fuel to ten growth of the market. The rise in a number of clinical trials for the development of novel therapies and treatment for diabetes purveyed by investment from pharmaceuticals companies has been a plus for the market growth.
However, the soaring price of human insulin, manufacturing complexities and complicated regulatory process for the approval of new drugs impede the growth of the market. Additionally, loss of patent acts as a major deterrent to the market growth. Development of biosimilars is a significant trend which is expected to increase the competition in the market and in turn, boost the market growth.

Human Insulin Market - Industry Updates

In August 2018, Monarch Medical Technologies, a leading provider of electronic systems for inpatient glycemic management received US patent for its approach to inpatient insulin therapy. The approach has already been granted class II FDA clearance and underlines the uniqueness of the EndoTool technology.

Human Insulin Market - Regional Analysis 

The global human insulin market spans across the regions of the Americas, Europe, Asia Pacific, and the Middle East & Africa. North America accounts for the largest share of the global human insulin market owing to high health care spending, the presence of major players in the region who invest more money in R&D activities and inclination towards quality healthcare. The US is the largest market in the region followed by Canada while South America is expected to be the fastest growing region. The Europe market for human insulin is strong and is driven by the presence of a large pool of patients and the availability of funds for research and development in countries such as Germany. Asia Pacific market growth is supported by the presence of a vast patient base and rising prevalence of diabetes in the region. Improvement in healthcare infrastructure in countries such as China, India, and Japan is key to the growth of the market. Moreover, Asia Pacific hosts a huge geriatric population who are at more risk of acquiring diabetes. The Middle East & Africa market is expected to exhibit steady growth over the forecast period. Countries such as United Arab Emirates (U.A.E.), Saudi Arabia, and Oman have a robust healthcare infrastructure which drives the market in the Middle East while in Africa, weak economic conditions and under-developed healthcare sector deters the growth of the market.

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Absorbable Surgical Sutures Market Worldwide Trend with Key Merchants – Asserts MRFR

Segmentation Analysis:

The global absorbable surgical sutures market has been segmented on the basis of type, structure, application, and end-user. On the basis of type, the market has been classified as synthetic and natural sutures.
Synthetic sutures have been segmented into poliglecaprone suture (Monocryl), Vicryl, and polydioxanone suture (PDS). Natural sutures have been segmented into collagen, catgut suture, and polyglycolic acid suture.

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On the basis of structure, the market has been classified as monofilament and multifilament sutures. On the basis of application, the market has been classified as general surgeries, cardiovascular surgeries, gynecological surgeries, orthopedic surgeries, and other surgeries. On the basis of end-users, the market has been classified as hospitals, clinics, ambulatory surgery centers, and others.

Competitive Players:

Some of the key players in the global absorbable surgical sutures market are Ethicon Inc. (US), B. Braun Melsungen AG (Germany), DemeTECH Corporation (US), Medtronic plc (Ireland), Internacional Farmaceutica, S.A. de C.V. (Mexico), Sutures India Pvt. Ltd. (India), Péters Surgical (France), Smith & Nephew plc (UK), EndoEvolution, LLC (US), Boston Scientific Corporation (US), Johnson & Johnson Private Limited, Conmed Corporation(US), W.L. Gore & Associates(US), 3M Healthcare (US).

Absorbable Surgical Sutures Market - Scenario

Surgical Sutures, commonly known as stitches, are sterile, surgical threads which are used to repair cuts and wounds. A suture is a medical device that doctors and surgeons, use to hold skin, blood vessels, and all other tissues of the human body together, after any surgery. The tissues are held together until the healing completes. Absorbable sutures are broadly used in multiple surgeries, specifically in surgeries performed on internal organs, as they are biodegradable and get hydrolyzed in the body tissue after a certain period.  The global market for absorbable surgical sutures is expected to grow with a steady rise and is expected to continue doing so over the next few years.
A substantial growth in the frequency of health conditions related to skin, soft tissues, and peripheral vascular surgery is the key factor that boosts the growth of this market. The increase in aged population and the rising frequency of musculoskeletal diseases are also anticipated to drive the global market over the forecast period. Factors such as less rate of wound infection have made absorbable sutures extremely common among consumers, which is reflecting greatly on their demand.  However, the increasing demand for advanced wound closure materials and lack of product innovations in surgical sutures act as major barriers for this market.
North America is anticipated to account for the largest market share due to the early adoption of advanced medical technologies, the rise in awareness, increasing number of surgical procedures, growth in chronic diseases, and easy adoption due to the FDA and CE marking approval of the market.  Factors such as increasing lifestyle changes, increasing frequency of obesity cases, and increasing elderly population in North America help to boost the market growth.

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Regional Analysis 

In the absorbable surgical sutures market, North America is anticipated to account for the largest market share due to the early adoption of advanced medical technologies, the rise in awareness, the rise in growth of the healthcare sector, and due to favorable compensation setting for many surgical procedures.
The European market is expected to hold the second largest market share. The market growth in this region can be attributed to rising frequency of cardiovascular disorders, increasing number of surgeries, and increasing demand for advanced treatment procedures.
The market share in Asia-Pacific is also projected to experience growth in the near future due to access to optimal treatment facilities and growing demand for advanced technology, better adoption rate, increase in disposable income, and rising medical tourism.
The market in the Middle East and Africa is expected to account for the smallest share of the global absorbable surgical sutures market due to an underdeveloped healthcare sector, lack of technical knowledge, and poor medical facilities.

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Wednesday, September 18, 2019

Diabetes Drug Market Key Developments Trends, Analysis and Forecasts to 2023

Global Diabetes Drugs Market - Scenario

Diabetes is a metabolic disorder in which the body glucose level is elevated. There are two type of diabetes namely type-1 diabetes and type-2 diabetes. During last decade there is a tremendous increase in the number of diabetic populations.
According to International Diabetes Federation, in 2016, it was estimated that 420 million adult population were suffering from diabetes which is increasing at the rate of 8.4% and is expected to reach 625 million by 2040. A number of different types of drugs are available in the market however, no available treatment can cure diabetes totally. However, cost issues, strict regulatory rules and long approval time for drugs may led to restrain the growth of the market. The global Diabetes Drug Market is expected to grow at a CAGR of 9.2% during forecasted period 2017-2023.

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Global Diabetes Drugs Market - Key Players  

The major player in the global diabetic drug market are Eli Lilly (US), Novo Nordisk (Denmark), Abbott (US), AstraZeneca (UK), Biocon (US), Sunpharma (India), Sanofi (France), Novartis (Switzerland), Merck & Co. (US), Pfizer (US), Daiichi Sankyo (Japan), Boehringer Ingelheim (Germany), Akros Pharma (US), Amgen (US), Adocia (France), Peptron (South Korea), Takeda (Japan).

Global Diabetes Drugs Market - Segmentation

The global diabetes drug market is segmented on the basis of types, route of administration, drug class, and end users.
On the basis of types, the market is segmented into type-1 diabetes and type-2 diabetes.
On the basis of route of administration, the market is segmented into oral, intravenous and other.
On the basis of drug class, they are insulin, sensitizers, SGLT-2 inhibitors, alpha-glucosidase inhibitors, secretagogues, peptide analogs and others. Sensitizers are sub segmented into thiazolidinediones and biguanides. Secretagogues are further segmented into sulfonylureas and non-sulfonylureas
On the basis of end users, the market is segmented into hospital & clinics, ambulatory clinics and other.

Global Diabetes Drugs Market – Overview

The global diabetes drugs market is growing with a swift phase; mainly due to increase in patient population and research and development done by market players to fill the gap of market. The WHO estimated that diabetes leads to 1.6 million deaths in 2015 and it is the major causes of blindness, kidney failure, heart attacks, stroke, and lower limb amputation.
Increase in incidence of chronic disease owing to diabetes will drag the interest of biopharmaceutical researchers for developing effective drugs for the treatment. More than 170 diabetes drugs are in the development stage to cure diabetes or diabetes related conditions. In 2014, the cost of diabetes diagnosis was around USD 245 billion in the United States, and biopharmaceutical researchers are focusing to find new lifesaving and life-changing treatments.

Global Diabetes Drugs Market - Regional Analysis 

America dominates the global diabetes drug market owing to large diabetic patient population. According to the WHO, in 2016, 9.6% of total America population were suffering from diabetes. In addition to this, increasing number of obese people, changing lifestyle and increasing healthcare expenditure have boosted the growth of the market in America. Increasing cholesterol level and smoking increases the possibility of causing diabetes. According to the Centers for Disease Control and Prevention (2014), 73.5 million adults in the US had diagnosed with high cholesterol level.
Europe accounts for the second largest diabetes drug market, which is followed by Asia Pacific. Huge smoking population, availability of funds for research, and government support for research & development will drive the market in Europe.
Asia Pacific is the fastest growing region for the market due to the presence of a huge patient population, continuously developing economies, and increasing need for the better treatment.
On the other hand, the Middle East & Africa has the least share in the global diabetes drug market due to presence of poor economy especially in Africa region. Middle East holds the major share in the Middle East & Africa diabetes drug market owing to well-developed healthcare sector and huge healthcare expenditure.

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Aicardi Syndrome Market Covered all the Regions and Segments and Sub Segments – Declare MRFR

Aicardi Syndrome Market - Segmentation

The global Aicardi syndrome market has been segmented into diagnosis, treatment, and end-user.
The market, based on diagnosis, has been segmented into magnetic resonance imaging (MRI), eye examination and others.
The market, by treatment, has been segmented into seizure medication, surgery, physical therapy, occupational therapy, speech therapy, vision therapy, and others. The seizure medication segment has been further segmented into vigabatrin, sodium valproate, and others.
The market, by end-user, has been segmented into hospital and clinics, diagnostic centers, and others.

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Aicardi Syndrome Market - Highlights

Aicardi syndrome is an extremely rare genetic disorder. In individuals with Aicardi syndrome, the corpus callosum, a structure that connects the two sides of the brain is either partially or completely absent. Moreover, people with the syndrome often have infantile spasms or seizures and lesions in the light-sensitive layer of tissue at the back of the eye. This syndrome mostly occurs in newborn girls.
According to the Aicardi Syndrome Foundation, the incidence of Aicardi syndrome is estimated to be about 1 in every 100,000 births. The exact cause of the disorder is unknown. However, it is considered to be caused by a first-time mutation in the child’s genes. Additionally, many cases of Aicardi syndrome may go undiagnosed because of limited access to good medical care in the less developed economies or early death.
The factors such as growing prevalence of rare disorders, rising incidence of Aicardi syndrome, technological advancements in the medical sector, and growing research and development (R&D) activities, are anticipated to drive the growth of the market during the forecast period.  On the other hand, the lack of awareness about the syndrome in the developing regions may restrain the growth of the market over the forecast period.

Aicardi Syndrome Market - Key Players

Siemens Healthineers, General Electric Company, Koninklijke Philips N.V., Hitachi, Ltd., Canon Medical Systems Europe B.V., Medtronic, Smart Speech Therapy, Therapy Solutions Inc., Carestream Health, Esaote SpA, Lundbeck, and Novartis AG are some of the key players in the global Aicardi syndrome market.

Aicardi Syndrome Market - Regional Analysis 

The Americas is expected to dominate the global Aicardi Syndrome market during the forecast period due to the growing research and development funding for rare disorders and the presence of a well-established healthcare sector. Europe is expected to hold the second largest position in the global Aicardi syndrome market.

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The market growth in this region is attributed to the growing healthcare expenditure and increasing research and development funding. Asia-Pacific is anticipated to be the fastest growing region in the market owing to the growing economic development and favorable government initiatives for healthcare facilities. Furthermore, the Middle East & Africa is likely to account for the least share of the global Aicardi syndrome market. The market growth in this region can be attributed to the increasing healthcare expenditure and low manufacturing costs of pharmaceuticals.

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Drug Device Combination Market Global Analysis, Opportunities and Forecast To 2023

Worldwide Key Players:

Leading players profiled in the drug device combination market include Zimmer Holding, Inc, Wright Medical Group, Inc., Stryker Corporation, St. Jude Medical Inc, Smith & Nephew Plc, Covidien Ltd, Cook Critical Care, Inc., C.R. BARD, Inc., Boston Scientific Corporation, Biotronik, Biometrix Medical, Biomet Orthopedics, Inc, AlloSource, Abbott Laboratories, 3M, and others.

Drug Device Combination Market - Market Analysis

This can be a single product having several components such as drug-eluting stents, transdermal patches or products that are separately packed yet intended for use exclusively with a definite counterpart. Drug-device combination products offer an array of advantages namely targeted drug delivery, improved patient compliance, controlled drug administration and minimal side effects. Owing to its increased sophistication and different advantages, drug device combination products are widely adopted all across the medical sector.

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There are plentiful factors that is boosting the growth of the drug device combination market. These factors as per the Market Research Future (MRFR) report include increasing incidences of urology, prostate cancer, diabetic neuropathy, colorectal cancer, respiratory problems and cardiovascular diseases, growing healthcare expenditure, increasing awareness of market products, growing geriatric population, technological advancements in the drug-device combination product, increase in homebased healthcare market, high market potential, and increase in healthcare expenditure. On the contrary, side effects, existence of low-income countries, soaring price of products, strict government rules for the approval of these devices and errors and post-complications leading to various product recalls are factors that may deter drug device combination market growth.

Market Segmentation Analysis:

MRFR report provides an extensive segmental analysis of the drug device combination market on the basis of product, application and end-users.
Based on product, it is segmented into advanced wound care products, catheter and others. Catheter is again segmented into wound drainage catheter, thermodilution catheters, oximetry catheters, cardiovascular catheters, urological catheters, antimicrobial catheter and others. Advanced wound care products are again segmented into photodynamic therapy, drug eluting stents, antibiotic bone cements, bone graft substitutes and antibiotic wound care. Bone graft substitutes is again segmented into cell-based bone graft substitutes, allograft-based bone graft substitutes, ceramic based bone graft substitute and others.
Based on application, the drug device combination market is segmented into ophthalmic treatment, wound care, antimicrobial applications, bone treatment, peripheral arterial disease, non-cardiovascular treatments, tachycardia management, coronary angioplasty and others.
Based on end-users, it is segmented into academic and research organization, ambulatory centers, hospitals and clinics and others.

Industry News:

April 2019 - Novus Therapeutics of late has reported for its otitis media drug OP0201 a favorable profile. This is a nasal aerosol, a drug-device combination product that has been designed for restoring the normal physiologic activity of the ET.

Regional Analysis:

By region, the drug device combination market covers growth opportunities and latest trends across the Americas, Europe, Asia Pacific and Middle East and Africa. Of these, the Americas will sway the market over the assessment period owing to increasing incidence of cardiovascular diseases, presence of key market players, developed healthcare sector in Canada and the US, high healthcare expenditure and suitable reimbursement policies. In the European region, the drug device combination market will have the second major share due to huge patient pool, presence of developed economies, increasing awareness about the device and presence of healthcare infrastructure that is well-developed. In the APAC region, the drug device combination market is expected to grow at the fastest pace owing to growing support from the government for foreign investments, growing healthcare sector and growing penetration of market players here. On the other hand, the drug device combination market in the Middle East and Africa will have minimal share in the market owing to low per capita income and presence of poor economies. The Middle East is anticipated to have a major share in the drug device combination market owing to presence of developed economies such as Dubai, Saudi Arabia, United Arab Emirates and others and increasing funds made by the government in the healthcare sector.

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Growth Hormone Deficiency Market 2022 Estimation and Forecasts up to 2027

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