Medical Imaging Workstations Market Forecasts by Industry Drivers, Regions Till 2027

 Overview:

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

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

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

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Competitive Landscape:

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

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

Segmental Analysis:

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

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

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

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

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

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

Regional Analysis:

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

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

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

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

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Intraocular Lens Market Professional Survey about Therapeutics and Pipeline Review 2022

 Intraocular Lens Market to Gain from Improving Reimbursement Scenario

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

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

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

Competitive Landscape

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

Industry Updates

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

Segmentation

The intraocular lens market has been segmented based on type, material and end user.

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

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

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

Regional Analysis

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

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

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

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

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Pedicle Screw Systems Market 2027 Forecasts by Global Industry Analysis in 2022 Report

 Market Highlights:

Pedicle screw system are used in spinal surgery to stop the pain caused by joints owing to disease. The placement of the pedicle screw is independent of the laminar integrity and extends its application to a different level of spinal pathologies such as degenerative, oncological, degenerative and deformity correction.

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The increasing incidences of spinal cord injuries, spinal deformities, degenerative spinal disorders, and rising geriatric population are the major factors driving the growth of the global pedicle screw system market. Additionally, increasing research and development spending by the top players are fueling the growth of the market during forecast period. For instance, according to report published by Iranian Journal of  Neurosurgery, in 2016, prevalence of traumatic spinal cord injuries in Tehran ranged from 1.2 to 11.4 per 10,000 people. Also, according to the report published by The International Spinal Cord Injury (InSCI), in 2017, each year around 12,500 new cases of spinal cord injuries occur in United States.

The strict regulatory frameworks and time-consuming product approval processes may hamper the growth of the market during the assessment period.

Key Players:

Some of the key players in the global pedicle screw system market are Globus Medical, Inc., K2M Group Holdings, Inc., Medtronic PLC, Nvision Biomedical Technologies, LLC., Alphatec Spine, Inc., Amedica Corporation, B. Braun Melsungen AG, Depuy Synthes, Orthofix International N.V., RTI Surgical, Inc., SeaSpine, Stryker Corporation, Zimmer Biomet Holdings, Inc.

Segmentation:

The Global Pedicle Screw Systems Market has been segmented on the basis of surgery type, product type, indication, application, and end user.

On the basis of surgery type, the market has been classified as open surgery and minimally invasive surgery. The market, by product type, has been segmented into polyaxial pedicle screw systems, monoaxial pedicle screw systems, and others. Based on indication, the market has been segmented into spinal degeneration, spinal trauma, spinal deformities, and others. The market, by application, has been segmented into thoracolumbar fusion and spinal cervical fusion. On the basis of end user, the market has been classified as hospitals and clinics, research organization and academic institute, and others. On the basis of product type, polyaxial pedicle screw systems segment is likely to hold the largest market share of the pedicle screw systems market. Also, minimally invasive surgery to register the significant growth rate in the global pedicle screw systems market during the forecast period.

Regional Analysis:

The market is likely to dominate by Americas during the forecast period owing to the rising aging population, rising incidence of spinal disorders, and rising in FDA approved pedicle screws. The European market is expected to be the second-largest due to government funding and support of the healthcare sector, coupled with increasing research and development. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the forecast period owing to increasing investments in healthcare, increasing number of the orthopedic surgeries, expansions by market players in the region, and favorable government initiatives for healthcare facilities. The market in the Middle East & Africa is likely to account for the smallest share of the global pedicle screw system market.

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Immune Thrombocytopenia Market Key Developments Trends, Analysis and Forecasts Till 2027

 Market Highlights:

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

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

Competition Tracking:

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

Segmentation:

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

Regional Analysis:

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

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Biologics Market Segments, Key Players Strategies, Analysis and Forecasts Till 2027

 Biologics Market Overview:

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

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

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

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

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

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

Major Players:

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

Global   Biologics   Market   –   Segments

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

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

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

By Manufacturing: In-house and Outsourced

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

Global Biologics   Market   –   Regional Analysis

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

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

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

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

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

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Digital Therapeutics Market Advanced Technologies, Industry Size, Iconic Revenue, Shares, Trends and Demand by 2027

 Market Scenario

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

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Market Key Holders

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

Factors Driving Market Growth

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

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

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

Market Segmentation

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

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

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

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

Regional Analysis

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

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

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

Competitive Analysis

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

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

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

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Flow Cytometry Market Sparkling Key Players Shares, Revenue, Analysis and Forecasts to 2027

 Market Highlights

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

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

Key Players

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

Segmentation

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

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

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

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

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

Regional Analysis

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

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Multiplex Assays Market Share Analysis, Strategies, Revenue and Forecasts to 2027

 Key players

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

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Multiplex Assays Market Overview:

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

Segmentation

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

Regional Analysis:

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

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Catheters Market by Key Types, Detail Analysis and Forecasts To 2027

 Key Players

Some of the major players in this market are Boston Scientific Corporation, Koninklijke Philips N.V, Abbott, Medtronic plc, B. Braun Melsungen AG, Becton, Dickinson and Company, Terumo Corporation, LuMend Corporation (US), Covidien AG (Ireland), ACIST Medical Systems (US), and Cook Medical Inc. (US).

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Market Highlights

Catheters, a thin tube-like medical devices inserted into a body cavity, duct, or vessel. They are used in drainage, administration of fluids or gases, and also to perform a wide variety of other tasks depending on the type of catheter. Increasing prevalence of the patients cardiac and urological diseases have increased the demand for the catheters. To increase the market demand, many manufacturers are trying to introduce the new and advanced types of catheters. The global catheter market is majorly driven by increasing prevalence of cardiac & urological diseases, increasing preference for minimal invasive therapy, and increasing geriatric population. Additionally, changing lifestyle and rising healthcare spending have spurred the growth of the market. However, long time for approval, and risk of infection may slow the growth of the market over the review period.

The global Catheters Market is expected to grow at a CAGR of 6.14% during the forecast period 2017-2023.

Segmentation

The global Catheters Market has been segmented on the basis of types and end users.

On the basis of the types, the market is segmented into cardiovascular catheters, specialty catheters, intravenous catheters, urinary catheters, neurological catheters, and others.

On the basis of the end users, the market is segmented into hospitals & clinics, ambulatory surgical centers, and others.

Regional Analysis

The Americas dominate the global market owing to a huge population with cardiac diseases, increasing geriatric population, strong government support for research & development and high health care spending. According to the WHO, in 2014, 9.7% of total America population had diabetes. Increasing prevalence of the diabetes has boosted the market growth in America. Additionally, changing lifestyle and the presence of major players in the market have fueled the growth of the market.

Europe is the second leading region in the global catheters market, which is followed by Asia Pacific. Asia Pacific is the fastest growing catheters market majorly driven by India, China, and Japan owing to a huge number of patients and rapidly growing economy. The healthcare expenditure in in Asia Pacific has increased during last few years, which has contributed to the growth of market.

The Middle East and Africa contribute the least to the growth of the global market. The UAE, Saudi Arabia, and Kuwait lead the Middle East & Africa market. Africa holds the least share of the global market due to limited availability of medical facilities and poor economic condition of the region. However, the growth of the African market is high due to the presence of opportunities for the development of the market.

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In Vitro Fertilization Market Value Chain, Key Factor, Major Region Analysis and Forecasts Till 2027

 Market Overview

In vitro fertilization (IVF) can be defined as a fertilization process, which generally takes place externally and involves the production of eggs, i.e., superovulation in women by injecting hormones and medication. The eggs when matured, are removed from the ovary with the help of oocyte aspiration systems and is then fertilized with the donor’s sperm, which is later grown in the laboratory until it gets developed. The final embryo is then implanted into the uterus. The global In Vitro Fertilization Market, as per a report by Market Research Future (MRFR) is touted to register a CAGR of 10.50%, surpassing a valuation of USD 12,700 million during the forecast period (2018-2023).

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Obesity is considered one of the most important factors for infertility among the population. The fat which is deposited in a women’s abdomen prevents follicular stimulation, thereby producing male hormones. Meanwhile, in males, the deposit of fats decreases the level of testosterone, which results in decreased sperm production. With the increased rate of obesity across the world, due to changing lifestyle, the in vitro fertilization market is predicted to flourish.

Factors such as the soaring prevalence of infertility due to changing lifestyle, constant efforts by the industry contributors, and initiatives by the government to offer better reimbursement policies are some of the primary growth stimulants of the IVF market. Moreover, expansion of fertility procedures to treat male infertility like ICSI will influence the market growth positively. The high availability of genomic testing with the ability to prevent the transfer of genetic disease during IVF will propel the market growth in the coming years. The rising number of IVF has influenced insurance providers to cover such procedures, which has led to competitive pricing, thereby moderating the cost of treatment. Such factors will encourage the market growth across the globe.

On the contrary, high cost of treatment, low success rates of such procedures, and ethical concerns associated to IVF are some of the major factors likely to slow down the market growth in the foreseeable future.

Global In Vitro Fertilization Market: Segmental Analysis

The In Vitro Fertilization Market has been segmented on the basis of type, product, and end users.

By type, the in vitro fertilization market is segmented into intracytoplasmic sperm injection, intrauterine insemination, and IVF using donor eggs. Of these, the intrauterine insemination segment is likely to remain attractive in the next couple of years.

By product, the market is segmented into reagent and device. Of these, the device segment is likely to outperform the reagents segment. The device segment surpassed a valuation of USD 3,700 million in 2017 and will register a healthy CAGR in the foreseeable future.

Based on the end users, the market consists of fertility clinics, clinical research institutes, and hospitals. Of these, the fertility clinics segment acquires the largest share in the global market due to the increased number of fertility centers across the globe along with the rising fertility rates globally. The hospital segment will also become profitable in the coming years due to advanced medical facilities available.

Competitive Dashboard

The top players operating in the in vitro fertilization market include Cook Medical, Cooper Surgical Fertility, Merck KGaA, Oxford Gene Technology, Thermo Fisher Scientific, INVO Bioscience, Irvine Scientific, Genea Limited, GENEA BIOMEDIX, and Vitrolife.

Regional Frontiers

Geographically, the in vitro fertilization market spans across Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa.

Considering the global scenario, Europe is likely to emerge as the most attractive market for IVF. In 2017, the regional market acquired 40% of the total share, acquiring the pole position. The market’s growth can be credited to the surging funding by the government for Assisted Reproductive Technology (ART) along with the declining fertility rate among the Europeans. In this region, the UK, Germany, and France hold the major share. The region is one of the major attractions for international clients like Spain, which has the highest number of egg donors. The clinics in Europe also offer sex identification and other related IVF treatments, which further influences the market’s growth globally.

North America holds the second position due to the high availability of advance IVF technology in the region. The Asia Pacific will emerge as the fastest expanding regional market owing to rising fertility tourism, increased acceptance of the technology, and surging awareness regarding IVF among the population.

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Prostate Cancer Market SWOT Analysis, Key Players, Analysis and Forecasts Till 2027

 Market Highlights

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

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

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

Key Players

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

Segment Analysis

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

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

Regional Analysis

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

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

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

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

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

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Digital Therapeutics Market 2027 Forecasts by Global Industry Analysis in 2022 Report

 Market Scenario

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

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Market Key Holders

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

Factors Driving Market Growth

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

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

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

Market Segmentation

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

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

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

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

Regional Analysis

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

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

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

Competitive Analysis

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

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

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

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Smart Medical Devices Market Professional Survey about Therapeutics and Pipeline Review 2022

 Market Segmentation

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

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Market Insights

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

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

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

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

Key Players

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

Regional Analysis

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

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

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Pharmaceutical Waste Management Market Global Market by Treatments, Causes, Drugs and Diet 2022-2027

 Pharmaceutical Waste Management Market Overview:

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

Competitive Landscape

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

Segmentation

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

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

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

Regional Analysis

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

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