Tuesday, October 15, 2019

Global Sports Medicine Market CAGR 8.9 % Growth Forecasts by 2023

Key Players:

Leading players profiled in the sports medicine market include
  • Arthrex Inc
  • Smith & Nephew plc
  • GE Healthcare
  • DePuy Synthes
  • CONMED Corporation
  • Zimmer Biomet
  • Medtronics
  • Stryker
  • and others.

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Sports Medicine Market - Market Analysis

Along with managing injuries, sports medicine uses exercise intervention as well for preventing and managing chronic diseases namely obesity, diabetes and hypertension. The various forms of injuries that sports medicine doctors generally treat include cartilage injuries, eating disorders, concussions, heat illness, exercise-induced asthma, tendonitis, shoulder and knee injuries, fractures and ankle sprains.
These days people have become more conscious about their health. Various programs on social media and increasing health education lessons taught in school has increased people’s awareness about health. Thus, a major part of the populace is turning to sports as an extracurricular activity and more so to maintain their health. Both elderly and young people alike have adopted sports which has increased sports related injuries all over the world.
There are plentiful factors that is boosting the growth of the sports medicine market. These factors as per the Market Research Future (MRFR) report include increasing incidences of injuries that are sports related, growing awareness amid people about physical fitness, government initiatives related to sports medicine, demand for surgeries that are minimally invasive, technological advancements in instruments, technologies and implants for joint repair, growing number of sports medicine centers, introduction of better and new surgical procedures and constant innovation in R&D. On the contrary, scarcity of skilled experts in this field, inappropriate guidelines and administration concerning sports medicine and high treatment cost are factors that may deter the growth of the sports medicine market over the predicted years.

Market Segmentation:

MRFR report provides an extensive segmental analysis of the sports medicine market on the basis of product, application, procedure and end user.
Based on product, it is segmented into accessories and consumables, support and recovery products, joint reconstructive and repair products and others. Of these, joint reconstructive and repair products will have maximum share in the market over the predicted years.
Based on application, the sports medicine market is segmented into spine treatment, hip treatment, knee treatment, shoulder treatment and others. Of these, knee treatment will dominate the market over the predicted years.
Based on end user, it is segmented into ambulatory care, trauma centers, hospitals and emergency care and others.

Industry Updates:

April 2019- New York Presbyterian together with Columbia University Irving Medical Center physicians, lately has expanded their sports medical practice. They have opened an advanced training centre in Westchester County which is staffed with their leading sports performance coaches, therapists and sports medicine doctors. This 9,600 square-foot facility will deliver services for all including elite professionals, weekend warriors and high school athletes. The service portfolio will comprise of methods for injury recovery, enhancing performance and returning to sport. It is a unique program which will serve both athletes and orthopedic patients of every age and performance level. The goal of this program is in delivering specialized game plans as well as solutions to people of every performance level to aid them attain higher success levels every day.

Regional Analysis:

By region, the sports medicine market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Middle East and Africa. Of these, North America will have mammoth share in the market over the predicted years. This is due to growing number of sports medical centres and growing occurrence of sports injuries in this region. The sports medicine market in the European region will have the second major share in the market followed by the APAC region. The sports medicine market in the APAC region is anticipated to grow at the fastest pace over the predicted years owing to increasing awareness regarding health and sports coupled with constant development in the healthcare sector. On the other hand, the sports medicine market in the Middle East and African region is poised to have minimal share over the predicted years.

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Fabry Disease Market Worldwide Analysis with Top Venders Global Forecast 2019 to 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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Wednesday, October 9, 2019

Elbow Stiffness Market Is Expected to Grow at a CAGR of 6.5% During the Forecast Period 2019 to 2023

Elbow Stiffness Market - Segmentation

The global elbow stiffness market is segmented on the basis of treatment, diagnosis, and end-user. Considering treatment, the market is segmented into conservative treatment and surgical treatment. Based on conservative treatment, the market is segmented into physiotherapy and splinting. By surgical treatment, the market is segmented into open surgery and arthroscopic procedures. With reference to diagnosis, the market is segmented into X-Ray and MRI.  On account of end-user, the market is segmented into hospitals and clinics, research institutes and ambulatory surgical centers, and others. Based on region the market is segmented into Americas, Europe, Asia Pacific, and the Middle East and Africa. The American region is segmented into North America and South America. Similarly, Europe is segmented into Western Europe and Eastern Europe.


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Elbow Stiffness Market - Highlights

Elbow stiffness is a common problem after joint trauma, causing functional impairment of the upper limb. Stiffness is a relatively common elbow problem, especially during arthritis, or due to any inflammation of the joints, any trauma or surgery, or any infection in the elbow in an adult.
The elbow stiffness market is expected to register a CAGR of 5.5% during the forecast period.

Elbow Stiffness Market - Key Players

Some of the key players in the Elbow Stiffness market are AbbVie, Boehringer Ingelheim GmbH, Novartis AG, Regeneron Pharmaceuticals, Inc., Pfizer, Inc., Bristol-Myers Squibb Company, F. Hoffmann-La Roche Ltd., Johnson & Johnson Services, Inc., and Amgen, Inc., among others.

Elbow Stiffness Market - Regional Analysis

The Americas dominates the global elbow stiffness market owing to the rising aging population, which eventually leads to the rising patient population. Additionally, increasing arthritis rates are likely to enhance the growth of elbow stiffness in the North American region. According to the Centers for Disease Control and Prevention, arthritis is the leading cause of disability, aching, stiffness and swelling of joints. Similarly, rheumatoid arthritis is estimated to have affected 1.3 million U.S. adults in the U.S. and is likely to affect 78 million adults by 2040. These rising rates of arthritis are likely to propel the growth of the elbow stiffness market.
Europe accounts for the second largest market due to the increasing inflammation of joints and increasing older population. Additionally, the increasing government support and increasing healthcare infrastructure along with the increasing demand for advanced treatments are driving the growth of the elbow stiffness market in Europe. For instance, Eurostat estimated that over 19.2% of the population in Europe were aged 65 and above. This rising older population is likely to lead to the rising patient population. These factors are likely to drive the growth of the elbow stiffness market.
Asia Pacific is the fastest growing market for the elbow stiffness whose growth is attributed to the rising population and increasing standard of living. Additionally, increasing healthcare spending and rising demand for new and innovative treatment options are likely to drive the growth of the market. India and China are the major contributors to the market growth due to the rapid development of healthcare infrastructure in these regions and increasing demand for diagnostic services.
On the other hand, the Middle East and Africa is expected to witness a slow growth due to limited access to healthcare and affordability issues among the population. In the Middle East, the growth of the market is driven by the increasing availability of new and advanced diagnostic and treatment methods for various chronic diseases.

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Breast Cancer Market Opportunities, Drivers, Manufacturers, Analysis and Forecasts Till 2023

Leading Players

The global market consist of players such as Pfizer (US), Novartis AG (Switzerland), Oncogenex (US), Apthera Inc (UK), BioNumerik Pharmaceuticals (US), Oncothyreon Inc (US), Astellas (Japan), Bipar Sciences (US), Puma Biotechnology (US), Sanofi S.A. (US), Eli Lilly and Company (US), AstraZeneca (UK), F. Hoffmann-La Roche (Switzerland), GlaxoSmithKline (UK), Genentech (US), Teva Pharmaceutical Industries (Israel), Sun Pharmaceutical Industries Ltd (India), Accord Healthcare, Inc. (India), Gilead Sciences, Inc. (US), Bristol-Myers Squibb company (US), Actavis, Inc. (US), Hospira, Inc. (US), and Bayer AG (Germany). These are some of the prominent players at the forefront of competition in the global breast cancer market.

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Segmentation Analysis:

Global breast cancer market is segmented on the basis of type into invasive ductal carcinoma, invasive lobular carcinoma and other. On the basis of treatment, they are segmented into chemotherapy, surgery & radiation therapy, targeted therapy, biologic therapy, hormone therapy and other. Chemotherapy is further segmented into antimetabolites, anthracyclines, taxanes and alkylating agents. Target therapy is further segmented into tyrosine kinase inhibitors and monoclonal antibodies Hormone therapy is further segmented into selective estrogen-receptor modulators (SERMs), aromatase inhibitors and others. On the basis of end users, the market is segmented into hospital pharmacies, private pharmacies and other.

Global Breast Cancer Market: Overview

According to a recent study published by the Market Research Future analysts, the global breast cancer market is growing at a moderate growth rate; mainly due to rise in the prevalence rate of the breast cancer. Adoption of unhealthy lifestyle, mutations in genetic profile of the patients and continuous exposure to harmful radiations are also responsible for the increase of the breast cancer cases all across the world. Increasing government support, increased investment in the research and development, and rising awareness about the breast cancer among masses also has contributed to the growth of the market.
On the other hand, there are some obstacles in this market such as high cost of the treatment, expensive drugs, and side effects of the treatment. These all factors have negatively affected the widespread growth of overall breast cancer market.

Competitive Dashboard:

The market for breast cancer is well established market with number of companies operating in this market. There are large number of companies involved in the development of the products including the drugs, molecules.
Breast Cancer Market is becoming huge with increasing demand for the treatment options. Unavailability of absolute treatment has given a wide range of platform for the development of the market. Companies are focusing on the development of new products which will be cost effective and will have minimum side effects. Various companies are involved in the development of specific types of molecules, and novel therapies. These companies have adapted the strategies of the acquisitions, and also launching of the new products in order to strive in this big and competitive market. Moreover, competition amongst new market players is also expected to upsurge growth for breast cancer drugs market over the next few years.
Pfizer is among the world's largest pharmaceutical companies headquartered in US. In March 2017, company has got FDA approval of IBRANCE for the first line HR+, HER2- metastatic breast cancer. It is the only cyclin-dependent kinase 4/6 (CDK 4/6) inhibitor approved by the FDA as a first line therapy. In 2016, Pfizer has acquired Medivation to increase its oncology market.
AstraZeneca is an Anglo–Swedish multinational pharmaceutical company headquarters in UK.  In 2017, company has got approval for three new drugs. Lynparza is one of three new drugs which is PARP inhibitors. This drug has shown a most promising results in Phase III clinical trials and may generate $1.2 billion by 2020.
Novartis AG is one of the largest Swiss pharmaceutical company. In 2017, company has got FDA approval for Kisqali as first-line treatment for HR+/HER2- metastatic breast cancer with the combination of any aromatase inhibitor. Company has announced collaboration with IBM Watson Health to explore development of new techniques. In 2016, LEE011 is approved by FDA as first-line treatment for breast cancer.
GlaxoSmithKline is the world sixth largest pharmaceutical company headquartered in UK. Tykerb is the most widely used drug of the company. In 2015, GSK has announced its acquisition on GlycoVaxyn which is a Swiss pharmaceutical company.
Hoffmann-La Roche AG is among the five largest pharmaceutical company in the world headquartered in Switzerland. In 2014, Roche has got an FDA approval of Kadcyla (trastuzumab emtansine) which is the first antibody-drug conjugate for treating HER2-positive metastatic breast cancer.

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Regional Analysis

Breast cancer is one of the major type of cancer in women all across the world. According to WHO, 200,000 new cases are diagnosed worldwide and the number will increased in the coming future. The Americas dominate the global breast cancer market owing to the presence of huge patient population suffering from breast cancer. Moreover, changing lifestyle, and increasing government support, role of cancer care organisations in increasing awareness about the disease in people has also impacted on the growth of the breast cancer market.  Europe accounts for the second largest market for the breast cancer, which is followed by Asia Pacific. Asia Pacific is the fastest growing market owing to the huge population base, increasing prevalence of breast cancer, rapidly developing economies and presence of huge opportunity for the growth of the market. The Middle East & Africa has the least market share due to the presence of the poor economies in Africa region.

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Orphan Drugs Market Drive a Spectacular as Well As Stable Growth at a CAGR of 11.56 by 2023 – Finds MRFR

Segmentation Analysis:

Globally, the market for orphan drugs has been segmented on the basis of application, pharmacological class, source, technology, and region.
The market has been segmented into enzyme replacement, protein replacement, and gene chromosome expression based on pharmacological class.
The market has been segmented into oncology, blood-related disorders, neurology, nephrology, and infectious diseases based on applications. Among these, oncology is predicted to dominate the market owing to the increasing drug approvals for treating rare cancers.

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The market has been segmented into Transgenic, DNA recombination, and gene expression based on technology.
The market has also been segmented into biological orphan drug and non-biological orphan drug based on source. Among these, biological orphan drug leads the market in terms of revenue and is predicted to maintain its dominance over the assessment period owing to the high efficacy of biologic products for treating diseases.

Global Orphan Drugs Market - Synopsis

Orphan drugs are generally used for treating rare disorders and diseases that affect a small percentage of the population. There are approximately 30 million in Europe, 30 million people in the US, and 350 million people worldwide who suffer from 7,000 types of rare diseases.
Disorders among which four-fifths of the rare diseases are genetic and 50 % of the crowd affected being children. Only 5 % of the rare diseases had approved drug treatment with 326 new drugs being approved by FDA and brought to the market.

Competition Analysis: 

The key players operating the market for orphan drugs are Alexion Pharmaceuticals Inc., Bayer AG, Sanofi, Celgene Corporation, Novartis AG, Biogen Idec Limited, Hoffmann- La Roche, Takeda Pharmaceuticals Company Limited, Bristol-Myers Squibb, Vertex Pharmaceuticals Inc. Johnson & Johnson, and others.

Future Drivers and Constraints Affecting the Market

Growing investment in R&D, unmet requirement for rare diseases, economic, legislative, and tax benefits offered by the government, high ROI, development of latest technologies like hybridoma, gene mapping, and DNA recombinant, extensive exclusivity, and faster uptake and low marketing cost are some of the major factors driving the market over the forecast period.
There has been a growing demand for drugs for rare diseases such as Yellow Fever, Von Willebrand Disease, Aarskog Syndrome, Waardenburg Syndrome, diabetic macular edema, Abetalipoproteinemia, Autism spectrum disorder (ASD), Yellow Nail syndrome, Asperger syndrome, Von Hippel-Lindau Disease, and others which is contributing towards the growth of the market. Moreover, FDA free waivers, R&D grants by the government, favorable reimbursement policy along with premium pricing owing to the low competition also contribute the market growth.
Meanwhile, high cost of development, extensive post-market surveillance, costly clinical trials, monopolized and unitary market, concern over safety, competition from biosimilars and generics are some of the restraining factors inhibiting the growth of the market over the forecast period. Moreover, active distribution and commercialization can be hindered by differential availability of developing and developed countries, owing to socio-economic factors.

Global Orphan Drugs Market - Industry News 

The FDA has granted orphan drug designation to Surface Oncology's lead investigational candidate SRF231 which is a potential treatment for patients suffering from multiple myeloma. The SRF231 is a human monoclonal antibody therapeutic targeting CD47, a protein overexpressed on cancer cells to prevent them from being eliminated and engulfed by macrophage-mediated phagocytosis.

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North America to Dominate the Market 

Geographically, the market for orphan drugs has been spanned across regions such as North America, Europe, Asia Pacific, Middle East and Africa.
North America has been estimated to hold the largest market share owing to well-established healthcare infrastructure, favorable regulations for drug approval for rare diseases, initiatives by non-governmental and governmental agencies to increase awareness related to use of orphan drugs, and drug exclusivity status received by orphan drugs. Moreover, US contributes substantially to the market which calls for strong R&D for development of orphan drugs.

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Monday, October 7, 2019

Negative Pressure Wound Therapy Market to Anticipate 6.7% CAGR with Worldwide Topmost Players during Forecast Period 2018-2023

Competitive Dashboard

The prominent players operating the global negative pressure wound therapy market are
  • Lohmann & Rauscher International GmbH & Co. Kg
  • Talley Group
  • Genadyne
  • Smith & Nephew
  • Medela
  • DeRoyal Industries Inc.
  • Mölnlycke Health Care AB (A Subsidiary of Investor AB)
  • ACELITY L. P. Inc.
  • Cardinal Health
  • and ConvaTec Group Plc.

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Negative Pressure Wound Therapy Market- Segmental Analysis

The global negative pressure wound therapy market has been segmented on the basis of wound type, product type, end-user, and region.
By mode of product type, the global negative pressure wound therapy market has been segmented into single-use negative pressure wound therapy devices, conventional negative pressure wound therapy devices, and accessories. Among these, the conventional segment is considered to account for the largest market share owing to the ability of conventional negative pressure wound therapy devices to manage severe wound exudates.
By mode of wound type, the global negative pressure wound therapy market has been segmented into ulcers, surgical and traumatic wounds, and burns. Among these, the ulcers segment has been further sub-segmented into venous ulcers, diabetic foot ulcers, pressure ulcers, and others. Surgical and traumatic wounds account for the largest market share owing to the increasing prevalence of such wounds coupled with an increasing spending on surgical and chronic wounds.
By mode of end-users, the global negative pressure wound therapy market has been segmented into home care settings, hospitals, and others. Among these, the hospitals segment is considered to account for the largest market share owing to the high number of surgeries performed in hospitals.

Negative Pressure Wound Therapy Market - Synopsis

NPWT, also known as negative-pressure wound therapy is referred to as a sealed wound-care system, majorly indicated for acute complicated wounds and large chronic persistent wounds. The system comprises a foam dressing and a controlled pump which drains out the wound. Negative pressure is applied around the wound which promotes healing. Such devices are used to manage chronic and acute wounds like venous ulcers, diabetic ulcers, pressure ulcers, arterial ulcers, and first- and second-degree burns. The therapy heals wound by applying vacuum through a sealed wound dressing. The vacuum further draws out the debris and fluid from the wound and helps to increases blood supply to the affected area.

Drivers and Constraints Impacting the Market

With rising prevalence of chronic diseases such as obesity and diabetes, increasing spending on surgical and chronic wounds, and growing causalities caused by accidents and trauma, the global negative pressure wound therapy is considered to propel during the forecast period. For instance, as per the Centers for Disease Control and Prevention, around 2.8 million people were hospitalized due to injuries in 2015. The augmenting rate of caesarean sections in elderly mothers is likely to accelerate the post-operative use of NPWT devices. Moreover, with the growing use of simplified single-use devices, the negative pressure wound therapy market is considered to propel during the forecast period. Additionally, the rise of hospitals with enhanced services for wound care is further anticipated to trigger the demand for NPWT across the globe.
On the flip side, the high cost associated with the therapy over conventional wound therapy coupled with a dearth of trained healthcare professionals are some of the major concerns anticipated to impede the market growth during the appraisal period. Also, absence of proof of clinical adequacy is predicted to restrict the market growth in the coming years.

Industry Updates:

December 07, 2018: An Acelity Company, KCI has recently announced the launch of the
V.A.C.RX4 Therapy System in the United States. The V.A.C.RX4 System has been initially developed at the request of the U.S. Department of Defense and U.S. Air Force in order to help the military personnel treat multiple battlefield wounds with a single negative pressure wound therapy.

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Negative Pressure Wound Therapy Market - Regional Insights
Geographically, the Negative Pressure Wound Therapy Market span across regions namely, Europe, Americas, Asia-Pacific, and the Middle East and Africa.
Among all the regions, America is anticipated to Dominate the global negative pressure wound therapy market. The growth is attributed to the presence of well-developed healthcare sector, augmenting rate of accidents, increasing prevalence of diabetes, and rising expenditure of the healthcare sector.
The European region is presumed to account for the second largest position owing to the increasing prevalence of chronic diseases and accelerating occurrences of burn cases and accidents. The Asia-Pacific region is anticipated to exhibit the fastest growth rate due to the presence of a huge population base of diabetic patients coupled with the rising developments in the healthcare segment.

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Pediatric Vaccines Market Top Key Players Innovations, Key Strategies, Revenue, Analysis and Forecasts To 2023

Global Pediatric Vaccines Market:

There has been constant research for the development of novel molecules providing immunity against fatal diseases such as Zika virus and different types of cancers. For instance, in June 2016, Inovio Pharmaceuticals, Inc. stated the commencement of phase I clinical trial for their Zika DNA vaccine named GLS-5700. The vaccines administered to prevent children from several non-infectious and infectious diseases are known as pediatric vaccines. These vaccines are heat-killed or inactivated viruses that lose their pathogenicity, i.e., the ability to cause a disease.

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Moreover, these inactivated antigens can stimulate the immune system to produce antibodies against the infected virus. Thus, they assist the immune system in protecting itself from infectious or non-infectious diseases in the future. Currently, immunization prevents an estimated 2-3 million deaths every year. Furthermore, about 1.5 million deaths can be prevented through improved global coverage for vaccination.
The Worldwide Pediatric Vaccines Market is expected to grow at a CAGR of ~10.6% during 2017 to 2023. There are different pediatric vaccines accessible in the market, for example, pneumococcal immunization, polio antibody, rotavirus immunization, MMR immunization, flu immunization, hepatitis B antibody, meningococcal immunization, and Hib antibody.
However, low accessibility to remote areas, increasing availability of biosimilars at low rates, increasing cost of vaccines, limited or no access to healthcare services in developing and under-developed countries, low healthcare spending, and less medical coverage for pediatric vaccination are some of the challenges which might hamper the growth of the global pediatric vaccines market in future.

Key Players:   

Some of the key players in the global pediatric vaccines market are GlaxoSmithKline plc (U.K.), Pfizer, Inc. (U.S.), Merck & Co., Inc. (U.S.), Sanofi Pasteur SA (France), Astellas Pharma Inc. (Japan), CSL Limited (Australia), Emergent BioSolutions, Inc. (U.S.), Johnson & Johnson (U.S.), MedImmune, LLC (U.S.), Serum Institute of India Pvt. Ltd. (India), Bavarian Nordic (Denmark), Mitsubishi Tanabe Pharma Corporation (Japan), Daiichi Sankyo (Japan), Protein Sciences Corporation (U.S.), Grifols (Spain), Crucell (Netherlands), Bharat Biotech (India), Kaketsuken (U.S.), Panacea Biotec (India), Baxter International (U.S.), Zydus Cadila (India), Nuron (U.S.), S K Chemicals (South Korea), Dynavax Technologies (U.S.), Bharat Immunologicals and Biologicals (India), Lupin Pharmaceuticals, Inc. (India), Indian Immunologicals (India), Novartis AG (Switerzland), LG Life Sciences (India), Shenzhen Kangtai Biological Products (China), Sinovac Biotech (China), Bio Med (India), AstraZeneca (UK), bioCSL Inc. (U.S.), Valeant Pharmaceuticals (U.S.), Takeda Pharmaceutical (Japan) and others.

Segmentation Analysis:

The Global Pediatric Vaccines Market has been segmented on the basis of type, technology, disease indication, and route of administration. On the basis of type, the global pediatric vaccines market is segmented into monovalent vaccines, multivalent vaccines, and others.
On the basis of technology, the global pediatric vaccines market is segmented into synthetic vaccines, dendritic cells vaccines, conjugate vaccines, inactivated and subunit vaccines, live attenuated vaccines, toxoid vaccines, recombinant vaccines, and others.
On the basis of disease indication, the global pediatric vaccines market is segmented into MMR (Measles, Mumps, and Rubella), polio, Haemophilus influenza type B, pneumococcal disease, meningococcal disease, influenza, DTP (Diphtheria, Tetanus, Pertussis), hepatitis, varicella, rotavirus, combination vaccines and others. On the basis of route of administration, the global pediatric vaccines market is segmented into intramuscular administration, subcutaneous administration, oral administration, and other routes of administration

Pediatric Vaccines Market Regional Analysis:

The Global Pediatric Vaccines Market consists of four regions such as the Americas, Europe, Asia Pacific, and the Middle East and Africa.
The Americas region accounted for the largest market share of the global pediatric vaccines market owing to the growing initiatives by the U.S. Department of Health and Human Services (HHS) to reduce the occurrence rate of infectious diseases. Such factors along with the growing immunization will fuel the U.S. market.
The European pediatric vaccines market is urged due to the superior government spending such as NHS (Nation Healthcare Service) for the development of the pharmaceutical and medical industries. The Asia Pacific region is expected to grow rapidly during the forecast period owing to the growing healthcare sector in leading regions such as China and India. The Middle Eastern region is expected to grow at a steady pace owing to factors such as rising R&D activities in the healthcare sector and extensive development of healthcare infrastructure.

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Veterinary Surgical Instruments Market Terrific Growth Rate by Top Key Players 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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Friday, October 4, 2019

Negative Pressure Wound Therapy Market Highest Trend by 2023 | MRFR

Competitive Dashboard

The prominent players operating the global negative pressure wound therapy market are
  • Lohmann & Rauscher International GmbH & Co. Kg
  • Talley Group
  • Genadyne
  • Smith & Nephew
  • Medela
  • DeRoyal Industries Inc.
  • Mölnlycke Health Care AB (A Subsidiary of Investor AB)
  • ACELITY L. P. Inc.
  • Cardinal Health
  • and ConvaTec Group Plc.
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Negative Pressure Wound Therapy Market- Segmental Analysis

The global negative pressure wound therapy market has been segmented on the basis of wound type, product type, end-user, and region.
By mode of product type, the global negative pressure wound therapy market has been segmented into single-use negative pressure wound therapy devices, conventional negative pressure wound therapy devices, and accessories. Among these, the conventional segment is considered to account for the largest market share owing to the ability of conventional negative pressure wound therapy devices to manage severe wound exudates.
By mode of wound type, the global negative pressure wound therapy market has been segmented into ulcers, surgical and traumatic wounds, and burns. Among these, the ulcers segment has been further sub-segmented into venous ulcers, diabetic foot ulcers, pressure ulcers, and others. Surgical and traumatic wounds account for the largest market share owing to the increasing prevalence of such wounds coupled with an increasing spending on surgical and chronic wounds.
By mode of end-users, the global negative pressure wound therapy market has been segmented into home care settings, hospitals, and others. Among these, the hospitals segment is considered to account for the largest market share owing to the high number of surgeries performed in hospitals.

Negative Pressure Wound Therapy Market - Synopsis

NPWT, also known as negative-pressure wound therapy is referred to as a sealed wound-care system, majorly indicated for acute complicated wounds and large chronic persistent wounds. The system comprises a foam dressing and a controlled pump which drains out the wound. Negative pressure is applied around the wound which promotes healing. Such devices are used to manage chronic and acute wounds like venous ulcers, diabetic ulcers, pressure ulcers, arterial ulcers, and first- and second-degree burns. The therapy heals wound by applying vacuum through a sealed wound dressing. The vacuum further draws out the debris and fluid from the wound and helps to increases blood supply to the affected area.

Drivers and Constraints Impacting the Market

With rising prevalence of chronic diseases such as obesity and diabetes, increasing spending on surgical and chronic wounds, and growing causalities caused by accidents and trauma, the global negative pressure wound therapy is considered to propel during the forecast period. For instance, as per the Centers for Disease Control and Prevention, around 2.8 million people were hospitalized due to injuries in 2015. The augmenting rate of caesarean sections in elderly mothers is likely to accelerate the post-operative use of NPWT devices. Moreover, with the growing use of simplified single-use devices, the negative pressure wound therapy market is considered to propel during the forecast period. Additionally, the rise of hospitals with enhanced services for wound care is further anticipated to trigger the demand for NPWT across the globe.
On the flip side, the high cost associated with the therapy over conventional wound therapy coupled with a dearth of trained healthcare professionals are some of the major concerns anticipated to impede the market growth during the appraisal period. Also, absence of proof of clinical adequacy is predicted to restrict the market growth in the coming years.

Industry Updates:

December 07, 2018: An Acelity Company, KCI has recently announced the launch of the V.A.C.RX4 Therapy System in the United States. The V.A.C.RX4 System has been initially developed at the request of the U.S. Department of Defense and U.S. Air Force in order to help the military personnel treat multiple battlefield wounds with a single negative pressure wound therapy.

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Negative Pressure Wound Therapy Market - Regional Insights 

Geographically, the Negative Pressure Wound Therapy Market span across regions namely, Europe, Americas, Asia-Pacific, and the Middle East and Africa.
Among all the regions, America is anticipated to Dominate the global negative pressure wound therapy market. The growth is attributed to the presence of well-developed healthcare sector, augmenting rate of accidents, increasing prevalence of diabetes, and rising expenditure of the healthcare sector.
The European region is presumed to account for the second largest position owing to the increasing prevalence of chronic diseases and accelerating occurrences of burn cases and accidents. The Asia-Pacific region is anticipated to exhibit the fastest growth rate due to the presence of a huge population base of diabetic patients coupled with the rising developments in the healthcare segment.

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Optic Nerve Glioma Market Global Analysis, Size, Share, Future Prospect by 2023

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.

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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.
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.

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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Thursday, October 3, 2019

Viscosupplementation Market Size Share Trend with Global Analysis by 2023

Competitive Analysis:

Leading players in the global viscosupplementation market include Sanofi, Ferring B.V., Fidia Farmaceutici, Seikagaku Corporation, Zimmer Biomet, F. Hoffman-La Roche, HTL Biotechnology, Allergan, Smith & Nephew plc, Lifecore Biomedical LLC, and Anika Therapeutics Inc.

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Segmentation Analysis:

The global viscosupplementation market is segmented based on hyaluronic acid type, procedure type, application, end user, and region.
By hyaluronic acid type, the global viscosupplementation market is segmented into stabilized hyaluronic acid and standard hyaluronic acid.
By procedure type, the viscosupplementation market is segmented into single injection procedure, three injection procedure, and five injection procedure.
By application, the global viscosupplementation market is segmented into knee arthritis, hip osteoarthritis, shoulder osteoarthritis, and others.
Based on end user, the viscosupplementation market is segmented into hospitals & clinics, ambulatory surgical centers, and pharmacies.

Viscosupplementation Market Highlights:

MRFR has segmented the global viscosupplementation market on the basis of various parameters in order to provide readers with a comprehensive overview of the market. The leading players and segments dominating the global viscosupplementation market are also profiled in the report.
Viscosupplementation is a procedure used to refill the lubricating fluid in bone joints. Hyaluronic acid is a major component of viscosupplementation formulations, as hyaluronic acid is normally found abundantly in joint fluid but decreases in volume in arthritic joints. Supplementing the hyaluronic acid externally provides the patients with a stable reserve of joint fluid, which is vital in managing and combating arthritis. Viscosupplementation is used to treat knee pain, hip pain, shoulder, as well as to inhibit the progression of osteoarthritis.
The growing prevalence of arthritis and the growing geriatric population around the world are the major drivers for the global viscosupplementation market. Geriatric individuals are more likely to suffer from arthritis than younger demographics, as joints naturally deteriorate with age. The growing awareness about arthritis and increasing government efforts to combat the disease are likely to be among the major drivers for the global viscosupplementation market over the forecast period. Government support to viscosupplementation treatment has resulted in wider acceptance of the treatment method around the world, especially in developed economies. Growth of the healthcare sector in emerging regions such as Southeast Asia, the Middle East, and South America is also likely to be a major driver for the global viscosupplementation market over the forecast period, as the prevalence of arthritis in these regions is likely to grow at a steady growth rate over the coming years.

Industry Updates:

In April 2018, the Michigan Blue Cross Blue Shield reversed its previous decision to remove knee viscosupplementation shots from its insurance coverage, deciding to keep paying for the treatment while looking for additional evidence for its efficacy.

Regional Analysis:

The global viscosupplementation market is segmented by region into the Americas, Europe, Asia Pacific, and the Middle East and Africa.
The Americas is likely to be the major regional segment of the global viscosupplementation market over the forecast period due to the growing prevalence of arthritis and the growing adoption of viscosupplementation. The rising adoption of sedentary lifestyles and lack of physical exercise is likely to be a major factor driving the prevalence of arthritis in North America, thus driving the viscosupplementation market in the region. The growing government support to the adoption of viscosupplementation in government healthcare agencies is also likely to be a major driver for the viscosupplementation market in the Americas over the forecast period. Europe is also likely to be a major regional market for viscosupplementation procedures over the forecast period due to the growing prevalence of arthritis in the region and widespread acceptance of viscosupplementation.
Asia Pacific is expected to exhibit rapid growth in the global viscosupplementation market over the forecast period due to the growing demand for viscosupplementation in the region’s emerging economies.

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Veterinary Vaccines Market Forecasts by Global Industry Drivers Till 2023

Veterinary Vaccines Market Overview:

The MEA veterinary vaccines market, as discussed by Market Research Future (MRFR) in their latest article on the same, could gain a CAGR of 7.1% during the forecast period (2013-2022) and cross an estimated valuation of USD 550.84 million by the end of 2022. Vaccines are biological preparations that have the toxins or surface proteins of a weakened or killed microbial agent. This helps in achieving immunity against disease. These vaccines help to train the body to disarm any microbial threats. Vaccines are often considered the most effective method of countering infectious diseases.

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The market is expected to garner considerable traction from the dairy and meat industry. This industry relies on the direct collection of milk or meat from the animal. An infected animal can adversely affect human beings owing to which the necessity for such vaccines is of prime importance. An increasing number of pet owners are pushing the boundary further by demanding sufficient care for their pets. However, the MEA veterinary vaccines market is getting riddled by issues such as lack of awareness, low disposable income, side-effects of such medicines, and lack of government initiatives.

Competitive Landscape:

Several regional and international players are taking part in this MEA veterinary vaccines market to take it forward by implementing their strategies. Among them, Indian Immunologicals Limited, Merck Animal Health, Zoetis Inc., Boehringer Ingelheim GmbH, Elanco Animal Health, Bayer AG, MSD Animal Health, and others are of great repute.
In 2019, Kemin Industries came up with Aleta beta glucan that is predicted to impact the poultry business substantially. Sourced from algae Euglena gracilis, beta-glucan can serve as an immune modulator for animals. Kemin’s business in the Middle East would help the market in growth.

Segmental Analysis:

The Middle East and Africa veterinary vaccines market, as per the detailed analysis of MRFR, is segmented by technology, disease indication, composition, and animal type.
Based on the technology, the MEA veterinary vaccines market can be segmented into attenuated, inactivated, toxoid, conjugate, subunit, and recombinant DNA. The attenuated segment is leading the global market as the demand generated by a growing number of farms and animals are providing substantial thrust to the segment.
By disease indication, the MEA veterinary vaccines market includes parvovirus, distemper, foot & mouth disease, reproductive & respiratory syndrome and others.
Based on the composition, the MEA veterinary vaccines market includes mono vaccine and combination vaccines.
By animal type, the MEA veterinary vaccines market comprises poultry, bovine, porcine, companion and other. The poultry segment is enjoying substantial market advantage owing to the growing demand for meat. The companion section is also witnessing substantial market growth and would gain much over the assessment period.

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Regional Analysis:

The MEA veterinary vaccines market, as the discussion in the MRFR reveals, geographically covers mostly UAE, Egypt, Saudi Arabia, Kuwait, Qatar, and Oman.
The UAE makes the most of the contribution in terms of the revenues to the MEA veterinary vaccines market. The healthcare sector is quite extensive and is investing substantially to get projects going for better results and curative drugs. This country is witnessing a rise in the disposable income which is squarely impacting the adoption of pets. Leveraging on such benefits, the country is influencing the regional market substantially.
Egypt ranks second. Most of the traction it receives is from the dairy and meat industries. To continue a strong supply of these two, vaccines are vital to safeguard the source in a bid to maintain human health. The harsh weather is also impacting the market considerably. Proximity living of human and animals are also a major factor that can give rise to infections. A better lifestyle that is why it requires a certain amount of careful consideration owing to which the Egyptian market is rising considerably.

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Wednesday, October 2, 2019

Pharmaceutical Contract Manufacturing Market 2023 Forecasts by Global Industry Analysis in 2019 Report

Competitive Landscape:

The intensely competitive market has several players that are impacting the global pharmaceutical contract manufacturing market by implementing strategic moves. These players, as per MRFR report, are
Catalant
Boehringer Ingelheim
Lonza AG
Grifols International S.A
AbbVie Inc
Patheon Inc.
Vetter
Pharmaceutical Product Development and others.

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Pharmaceutical Contract Manufacturing Market Overview:
The global pharmaceutical contract manufacturing market is expecting a rapid change which would take place with a 7.2% CAGR during the forecast period (2017-2023). Market Research Future (MRFR) in their latest report on the same discussed the possibility of a demographic change in the market due to the pipelining of project and pricing pressures. The pharmaceutical industry needs to adapt to the competitive scenario where shedding some burden by providing opportunities to pharmaceutical contract manufacturing companies who provide excellence would be beneficial for them. This would help in retaining customers and expansion plans for the future.
Over the years, the need for effective drugs is growing, and pharmaceutical companies are finding it difficult to stay up to the mark. At the same time, a lot of drugs are going off the list and lot are in the process of getting FDA approval due to which the pressure is substantial. The pharmaceutical contract manufacturing market is all set to gain from this as a lot of production would be offered to these companies to meet the requirement. Mushrooming startups are going to boost the market further. At the same time, a considerable rise in the biological therapies can provide the pharmaceutical contract manufacturing market with opportunities that can take the market ahead.
On the other hand, Lack of manufacturing standardization and logistics issues could play spoilsport during the forecast period. The expected returns can be daunted further by increasing lead time.

Segmental Analysis:

MRFR only analyzes the global pharmaceutical contract manufacturing market based on the type. The segmentation includes both volume-wise and value-wise data for a better understanding of the entire market.
Based on the mode of type, the global pharmaceutical contract manufacturing market can be segmented into active pharmaceutical ingredient manufacturing, finished dosage formulation market, and others. The active pharmaceutical ingredient manufacturing segment has the charge in the restructuring of the pharmaceutical industry.

Industry Updates:

In April 2017, I-Mab Biopharma (I-Mab), based out of Shanghai, and Jiangsu Nhwa Pharmaceutical, a company with special focus on the development of drugs for the central nervous system. They have declared their partnership with Ann Romney Center for Neurologic Diseases at Brigham and Women's Hospital and Biodextris. The aim is to develop immune-stimulatory therapy through pharmaceutical contract manufacturing.

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Regional Analysis:

Superior technology, astounding healthcare structure, high investment capacity, and better reimbursement ratios are some factors that are giving the Americas an edge over the rest in the global market owing to which the region is dominating global sphere. Major players operating from the region is also a substantial boost for the market.
Europe ranks second in the pharmaceutical contract manufacturing market. The regional market is thriving on the support provided by governments in the region. The research & development that is taking place is of a superior kind. It is also fetching a substantial amount of money by developing drugs of better class.
The APAC is expected to rise with the fastest CAGR during the forecast period. Improving technology, and regional development as a probable market opportunity are making it alluring for many western investors.
The MEA market’s development is not up to the par and is expected to project poor growth opportunities. The regional market is getting daunted by the presence of poor and slow developing countries, especially, in the African region.

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Sports Medicine Market Grows Incredibly; Confirms MRFR Unleashing Industry Prognostications Up to 2023

Key Players:

Leading players profiled in the sports medicine market include
  • Arthrex Inc
  • Smith & Nephew plc
  • GE Healthcare
  • DePuy Synthes
  • CONMED Corporation
  • Zimmer Biomet
  • Medtronics
  • Stryker
  • and others.
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Sports Medicine Market - Market Analysis

Along with managing injuries, sports medicine uses exercise intervention as well for preventing and managing chronic diseases namely obesity, diabetes and hypertension. The various forms of injuries that sports medicine doctors generally treat include cartilage injuries, eating disorders, concussions, heat illness, exercise-induced asthma, tendonitis, shoulder and knee injuries, fractures and ankle sprains.
These days people have become more conscious about their health. Various programs on social media and increasing health education lessons taught in school has increased people’s awareness about health. Thus, a major part of the populace is turning to sports as an extracurricular activity and more so to maintain their health. Both elderly and young people alike have adopted sports which has increased sports related injuries all over the world.
There are plentiful factors that is boosting the growth of the sports medicine market. These factors as per the Market Research Future (MRFR) report include increasing incidences of injuries that are sports related, growing awareness amid people about physical fitness, government initiatives related to sports medicine, demand for surgeries that are minimally invasive, technological advancements in instruments, technologies and implants for joint repair, growing number of sports medicine centers, introduction of better and new surgical procedures and constant innovation in R&D. On the contrary, scarcity of skilled experts in this field, inappropriate guidelines and administration concerning sports medicine and high treatment cost are factors that may deter the growth of the sports medicine market over the predicted years.

Market Segmentation:

MRFR report provides an extensive segmental analysis of the sports medicine market on the basis of product, application, procedure and end user.
Based on product, it is segmented into accessories and consumables, support and recovery products, joint reconstructive and repair products and others. Of these, joint reconstructive and repair products will have maximum share in the market over the predicted years.

Based on application, the sports medicine market is segmented into spine treatment, hip treatment, knee treatment, shoulder treatment and others. Of these, knee treatment will dominate the market over the predicted years.
Based on end user, it is segmented into ambulatory care, trauma centers, hospitals and emergency care and others.

Industry Updates:

April 2019- New York Presbyterian together with Columbia University Irving Medical Center physicians, lately has expanded their sports medical practice. They have opened an advanced training centre in Westchester County which is staffed with their leading sports performance coaches, therapists and sports medicine doctors. This 9,600 square-foot facility will deliver services for all including elite professionals, weekend warriors and high school athletes. The service portfolio will comprise of methods for injury recovery, enhancing performance and returning to sport. It is a unique program which will serve both athletes and orthopedic patients of every age and performance level. The goal of this program is in delivering specialized game plans as well as solutions to people of every performance level to aid them attain higher success levels every day.

Regional Analysis:

By region, the sports medicine market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Middle East and Africa. Of these, North America will have mammoth share in the market over the predicted years. This is due to growing number of sports medical centres and growing occurrence of sports injuries in this region. The sports medicine market in the European region will have the second major share in the market followed by the APAC region. The sports medicine market in the APAC region is anticipated to grow at the fastest pace over the predicted years owing to increasing awareness regarding health and sports coupled with constant development in the healthcare sector. On the other hand, the sports medicine market in the Middle East and African region is poised to have minimal share over the predicted years.

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Human Insulin Market Global Analysis, Growing Industry Size Share, Trend by 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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Tuesday, October 1, 2019

Negative Pressure Wound Therapy Market Highest Trend by 2023 | MRFR

Competitive Dashboard

The prominent players operating the global negative pressure wound therapy market are
  • Lohmann & Rauscher International GmbH & Co. Kg
  • Talley Group
  • Genadyne
  • Smith & Nephew
  • Medela
  • DeRoyal Industries Inc.
  • Mölnlycke Health Care AB (A Subsidiary of Investor AB)
  • ACELITY L. P. Inc.
  • Cardinal Health
  • and ConvaTec Group Plc.

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Negative Pressure Wound Therapy Market- Segmental Analysis

The global negative pressure wound therapy market has been segmented on the basis of wound type, product type, end-user, and region.
By mode of product type, the global negative pressure wound therapy market has been segmented into single-use negative pressure wound therapy devices, conventional negative pressure wound therapy devices, and accessories. Among these, the conventional segment is considered to account for the largest market share owing to the ability of conventional negative pressure wound therapy devices to manage severe wound exudates.
By mode of wound type, the global negative pressure wound therapy market has been segmented into ulcers, surgical and traumatic wounds, and burns. Among these, the ulcers segment has been further sub-segmented into venous ulcers, diabetic foot ulcers, pressure ulcers, and others. Surgical and traumatic wounds account for the largest market share owing to the increasing prevalence of such wounds coupled with an increasing spending on surgical and chronic wounds.
By mode of end-users, the global negative pressure wound therapy market has been segmented into home care settings, hospitals, and others. Among these, the hospitals segment is considered to account for the largest market share owing to the high number of surgeries performed in hospitals.

Negative Pressure Wound Therapy Market - Synopsis

NPWT, also known as negative-pressure wound therapy is referred to as a sealed wound-care system, majorly indicated for acute complicated wounds and large chronic persistent wounds. The system comprises a foam dressing and a controlled pump which drains out the wound. Negative pressure is applied around the wound which promotes healing. Such devices are used to manage chronic and acute wounds like venous ulcers, diabetic ulcers, pressure ulcers, arterial ulcers, and first- and second-degree burns. The therapy heals wound by applying vacuum through a sealed wound dressing. The vacuum further draws out the debris and fluid from the wound and helps to increases blood supply to the affected area.

Drivers and Constraints Impacting the Market

With rising prevalence of chronic diseases such as obesity and diabetes, increasing spending on surgical and chronic wounds, and growing causalities caused by accidents and trauma, the global negative pressure wound therapy is considered to propel during the forecast period. For instance, as per the Centers for Disease Control and Prevention, around 2.8 million people were hospitalized due to injuries in 2015. The augmenting rate of caesarean sections in elderly mothers is likely to accelerate the post-operative use of NPWT devices. Moreover, with the growing use of simplified single-use devices, the negative pressure wound therapy market is considered to propel during the forecast period. Additionally, the rise of hospitals with enhanced services for wound care is further anticipated to trigger the demand for NPWT across the globe.
On the flip side, the high cost associated with the therapy over conventional wound therapy coupled with a dearth of trained healthcare professionals are some of the major concerns anticipated to impede the market growth during the appraisal period. Also, absence of proof of clinical adequacy is predicted to restrict the market growth in the coming years.

Industry Updates:

December 07, 2018: An Acelity Company, KCI has recently announced the launch of the
V.A.C.RX4 Therapy System in the United States. The V.A.C.RX4 System has been initially developed at the request of the U.S. Department of Defense and U.S. Air Force in order to help the military personnel treat multiple battlefield wounds with a single negative pressure wound therapy.

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Negative Pressure Wound Therapy Market - Regional Insights

Geographically, the Negative Pressure Wound Therapy Market span across regions namely, Europe, Americas, Asia-Pacific, and the Middle East and Africa.
Among all the regions, America is anticipated to Dominate the global negative pressure wound therapy market. The growth is attributed to the presence of well-developed healthcare sector, augmenting rate of accidents, increasing prevalence of diabetes, and rising expenditure of the healthcare sector.
The European region is presumed to account for the second largest position owing to the increasing prevalence of chronic diseases and accelerating occurrences of burn cases and accidents. The Asia-Pacific region is anticipated to exhibit the fastest growth rate due to the presence of a huge population base of diabetic patients coupled with the rising developments in the healthcare segment.

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Pediatric Vaccines Market Key Factors Analysis, Worldwide Trend and Growing Business Demand Till 2023

Global Pediatric Vaccines Market:

There has been constant research for the development of novel molecules providing immunity against fatal diseases such as Zika virus and different types of cancers. For instance, in June 2016, Inovio Pharmaceuticals, Inc. stated the commencement of phase I clinical trial for their Zika DNA vaccine named GLS-5700. The vaccines administered to prevent children from several non-infectious and infectious diseases are known as pediatric vaccines. These vaccines are heat-killed or inactivated viruses that lose their pathogenicity, i.e., the ability to cause a disease.

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Moreover, these inactivated antigens can stimulate the immune system to produce antibodies against the infected virus. Thus, they assist the immune system in protecting itself from infectious or non-infectious diseases in the future. Currently, immunization prevents an estimated 2-3 million deaths every year. Furthermore, about 1.5 million deaths can be prevented through improved global coverage for vaccination.
The Worldwide Pediatric Vaccines Market is expected to grow at a CAGR of ~10.6% during 2017 to 2023. There are different pediatric vaccines accessible in the market, for example, pneumococcal immunization, polio antibody, rotavirus immunization, MMR immunization, flu immunization, hepatitis B antibody, meningococcal immunization, and Hib antibody.
However, low accessibility to remote areas, increasing availability of biosimilars at low rates, increasing cost of vaccines, limited or no access to healthcare services in developing and under-developed countries, low healthcare spending, and less medical coverage for pediatric vaccination are some of the challenges which might hamper the growth of the global pediatric vaccines market in future.

Key Players:   

Some of the key players in the global pediatric vaccines market are GlaxoSmithKline plc (U.K.), Pfizer, Inc. (U.S.), Merck & Co., Inc. (U.S.), Sanofi Pasteur SA (France), Astellas Pharma Inc. (Japan), CSL Limited (Australia), Emergent BioSolutions, Inc. (U.S.), Johnson & Johnson (U.S.), MedImmune, LLC (U.S.), Serum Institute of India Pvt. Ltd. (India), Bavarian Nordic (Denmark), Mitsubishi Tanabe Pharma Corporation (Japan), Daiichi Sankyo (Japan), Protein Sciences Corporation (U.S.), Grifols (Spain), Crucell (Netherlands), Bharat Biotech (India), Kaketsuken (U.S.), Panacea Biotec (India), Baxter International (U.S.), Zydus Cadila (India), Nuron (U.S.), S K Chemicals (South Korea), Dynavax Technologies (U.S.), Bharat Immunologicals and Biologicals (India), Lupin Pharmaceuticals, Inc. (India), Indian Immunologicals (India), Novartis AG (Switerzland), LG Life Sciences (India), Shenzhen Kangtai Biological Products (China), Sinovac Biotech (China), Bio Med (India), AstraZeneca (UK), bioCSL Inc. (U.S.), Valeant Pharmaceuticals (U.S.), Takeda Pharmaceutical (Japan) and others.

Segmentation Analysis:

The Global Pediatric Vaccines Market has been segmented on the basis of type, technology, disease indication, and route of administration. On the basis of type, the global pediatric vaccines market is segmented into monovalent vaccines, multivalent vaccines, and others.
On the basis of technology, the global pediatric vaccines market is segmented into synthetic vaccines, dendritic cells vaccines, conjugate vaccines, inactivated and subunit vaccines, live attenuated vaccines, toxoid vaccines, recombinant vaccines, and others.
On the basis of disease indication, the global pediatric vaccines market is segmented into MMR (Measles, Mumps, and Rubella), polio, Haemophilus influenza type B, pneumococcal disease, meningococcal disease, influenza, DTP (Diphtheria, Tetanus, Pertussis), hepatitis, varicella, rotavirus, combination vaccines and others. On the basis of route of administration, the global pediatric vaccines market is segmented into intramuscular administration, subcutaneous administration, oral administration, and other routes of administration

Pediatric Vaccines Market Regional Analysis: 

The Global Pediatric Vaccines Market consists of four regions such as the Americas, Europe, Asia Pacific, and the Middle East and Africa.
The Americas region accounted for the largest market share of the global pediatric vaccines market owing to the growing initiatives by the U.S. Department of Health and Human Services (HHS) to reduce the occurrence rate of infectious diseases. Such factors along with the growing immunization will fuel the U.S. market.
The European pediatric vaccines market is urged due to the superior government spending such as NHS (Nation Healthcare Service) for the development of the pharmaceutical and medical industries. The Asia Pacific region is expected to grow rapidly during the forecast period owing to the growing healthcare sector in leading regions such as China and India. The Middle Eastern region is expected to grow at a steady pace owing to factors such as rising R&D activities in the healthcare sector and extensive development of healthcare infrastructure.

Get More Details at  https://www.reuters.com/brandfeatures/venture-capital/article?id=132366

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Growth Hormone Deficiency Market 2022 Estimation and Forecasts up to 2027

  Growth Hormone Deficiency Market Growth hormone deficiency also called pituitary dwarfism or simply dwarfism, refers to a condition result...