Companion Diagnostics Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2027

 Market Highlights

Global Companion Diagnostics Market is expected to register a CAGR of 20.29% during the forecast period, with a market value of USD 8,081.50 Million by 2027. A companion diagnostic is an in vitro diagnostic medical kit. Through this test, the healthcare professional can determine whether a particular therapeutic product is effective to the patient or possess any serious side effects or risks.

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Key Players

MRFR recognizes the following companies as the Key Players in the global companion diagnostics market— F. Hoffmann-La Roche Ltd (Switzerland), Thermo Fisher Scientific Inc. (US), Agilent Technologies, Inc. (US), QIAGEN (Germany), Abbott (US), bioMérieux SA (France), Leica Biosystems Nussloch GmbH (Germany), Illumina, Inc. (US), Myriad Genetics, Inc. (US), ArcherDX, Inc. (US), Foundation Medicine, Inc. (US), NG Biotech (France), ICON plc (Ireland), Invivoscribe, Inc. (US), Abnova Corporation (Taiwan), and Guardant Health (US).

Segment Analysis

Global Companion Diagnostics Market Trends has been segmented by Products & Services, Technology, Indication, and End Users. The market, based on products & services, has been bifurcated into assays, kits, & reagents, and software & services. On the basis of technology, the market has been bifurcated into polymerase chain reaction (PCR), next-generation sequencing (NGS), in-situ hybridization, immunohistochemistry, and other technologies.

The market based on indication has been segmented into cancer, neurological diseases, infectious diseases, cardiovascular diseases, and others. Based on end user, the companion diagnostics market has been segregated into pharmaceutical & biopharmaceutical companies, laboratories, contract research organizations, and others.

Regional Analysis

The global companion diagnostics market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas is likely to dominate the global companion diagnostics market. This can be attributed to the increasing demand for personalized medicine and the rising prevalence of various chronic diseases such as cancer, neurological disorders, and cardiac diseases among others. According to the American Cancer Society, 1.8 million new cancer cases will be diagnosed in 2020 in the US. Moreover, the presence of major manufacturers is also expected to drive market growth in the region.

The European market for companion diagnostics is expected to be the second-largest during the forecast period. Increasing product launches and acceptance of companion diagnostics is anticipated to drive the market growth. For instance, In August 2019 Roche announced the launch of Ventana PD-L1 (SP142) Assay in the European market as the first companion diagnostic to identify triple-negative breast cancer patients eligible for treatment with Tecentriq. Furthermore, the reimbursement policies for companion diagnostics tests also act as a driving factor and support market growth.

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Asia-Pacific is estimated to be the fastest-growing market owing to the adoption of technologies and publishing guidelines for the use of CDx for the development of personalized medicines in the region. For instance, Precision Medicine Asia is one of the largest cancer clinics that provide a platform for innovative oncology therapies and diagnostics development in Asia, and also technical and regulatory expertise in CDx development. Moreover, the rising neurological disease in the aging population is also driving the market growth.

The market in the Middle East & Africa is expected to witness steady growth due to the growing number of hospitals, research laboratories, increasing investment by healthcare companies, a growing number of cancer cases, rising drug discovery, and increasing preference for personalized medicines.

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Global Protein Therapeutics Market Drivers, Segmentations, Key Players, Analysis & Forecast 2021 - 2027

 Global Protein Therapeutics Market Research Report: By Type (Monoclonal Antibodies, Insulin, Fusion Protein, Erythropoietin, Interferon, Others), By Application (Cancer, Metabolic Disorders, Immunologic Disorders, Hematological Disorders, Others), By Protein Function (Enzymatic and Regulatory Activity, Special Targeting Activity, Vaccines, Others), By End User (Hospitals and Clinics, Specialty Centers, Others) – Forecast to 2027

Market Highlights

According to MRFR analysis, Global Protein Therapeutics Market Forecast is expected to register a 6.86% CAGR during the forecast period of 2020 to 2027. 

The rising prevalence of chronic diseases such as metabolic disorders, immunologic disorders, and hematological disorders is accountable for increasing the number of hospital admissions. Chronic disease prevalence is directly responsible for the growing demand for protein therapeutics, thus, driving the growth of this market. The increased awareness among consumers regarding the high efficiency of protein and the growing adoption of plasma-derived therapies are also driving the growth of the market during the forecast period. The plasma-derived therapy is widely used in the treatment of hemophilia and von Willebrand disease (VWD).

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The increasing prevalence of hemophilia is expected to drive the growth of the market. According to the report published by the National Hemophilia Foundation, more than 400,000 patients had hemophilia in 2018. Additionally, 1% of the US population was suffering from von Willebrand disease (VWD).

However, the high cost of protein therapies and unfavorable reimbursement are likely to curb the market growth during the forecast period.

Key Players

Some of the key players in the global protein therapeutics market are Abbott Laboratories (US), Amgen Inc. (US), Baxter International Inc. (US), Eli Lilly and Company (US), F. Hoffmann-La Roche Ltd. (Switzerland), Johnson & Johnson (US), Merck & Co., Inc. (US), Novo Nordisk A/S (Denmark), CSL Behring (US), Bristol Myers Squibb Co. (US), Pfizer Inc. (US), Sanofi (France), and Biogen, Inc. (US).

Segmentation

Global Protein Therapeutics Market has been segmented based on Type, Application, and End User.

The market, based on type, has been divided into monoclonal antibodies, insulin, fusion protein, erythropoietin, interferon, human growth hormone, follicle-stimulating hormone, and others. The insulin segment is the fastest-growing segment owing to the increasing prevalence of diabetes around the world. According to the report published by the International Diabetes Federation, around 463 million people have diabetes in the world, out of all, more than 59 million patients belong to the European region. Insulin is widely used in the management of Diabetes, which is projected to increase the demand for protein therapeutics during the forecast period.

On the basis of application, the global protein therapeutics market has been segregated into cancer, metabolic disorders, immunologic disorders, hematological disorders, and others. The cancer segment holds a significant share of the global protein therapeutics market owing to the rising prevalence of cancer across the globe. According to the National Cancer Institute, in 2020, it is estimated that there will be 21,750 new cases of ovarian cancer, and an estimated 13,940 people will die of this disease. It is likely to boost the growth of the market during the forecast period.

By End User, the global protein therapeutics market has been segmented into hospitals and clinics, specialty centers, and others. An increasing number of hospital admission and the rising prevalence of chronic diseases are expected to drive the growth of the hospitals and clinics segment during the forecast period.

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas has been segmented into North America and Latin America, with the North American market being divided into the US and Canada. The Americas held the largest share in the global market in 2019. The presence of major market players and the increasing prevalence of immunologic disorders in the region are expected to boost market growth during the forecast period. 

The European market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the Rest of Western Europe. The protein therapeutics market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the Rest of Asia-Pacific. Owing to the rising geriatric population and the presence of a large patient pool, the market in Asia-Pacific is expected to be the fastest-growing. The protein therapeutics market in the Middle East & Africa has been divided into the Middle East and Africa.

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Global Ventricular Assist Devices Market 2021 – Investment Strategy, Outlook and Key Development till 2027

 Global Ventricular Assist Devices Market Research Report: By Product Type (Left Ventricular Assist Device, Right Ventricular Assist Device, Biventricular Assist Device), By Type of Flow (Continuous Flow, Pulsatile Flow), By Design (Implantable Ventricular Assist Device, Transcutaneous Ventricular Assist Device) and By Application (Destination Therapy, Bridging Therapy) – Forecast to 2027

Key Players

Some of the key players in the global ventricular assist devices market are Medtronic plc (Ireland), Abbott (US), Berlin Heart GmbH (Germany), ReliantHeart Inc. (US), Abiomed Inc. (US), Cardiac Assist Inc. (US), Cirtec (US), CorWave SA (France), and Fineheart (France) among others.

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Market Highlights

According to MRFR analysis, the Global Ventricular Assist Devices Market Trends is expected to register a CAGR of 11.2% during the forecast period of 2020 to 2027 and accounted for USD 1,726 Million in 2019.

A ventricular assist device (VAD) is a miniaturized mechanical pump used to support heart function and maintain blood flow to vital organs in patients with weakened hearts. This device can be used if one or both the heart's ventricles don't function properly. The growth of the global ventricular assist device market can be attributed to factors such as the increasing prevalence of cardiovascular disorders, rising cases of patients with heart failure, shortage of heart donors, development of technologically advanced products, increasing number of government initiatives to support medical device manufacturers, and a large number of clinical trials to develop advanced VADs.

However, risks associated with VAD implantation procedures, and unfavorable reimbursement framework are likely to thwart the growth of the global ventricular assist device market during the forecast period.

Segmentation

The global ventricular assist devices market has been segmented based on product type, type of flow, design, and application.

The market based on product type has been divided into left ventricular assist device, right ventricular assist device, and biventricular assist device.

Based on the type of flow, the market is segmented into Continuous Flow and Pulsatile Flow.

Based on the design, the market is segmented into implantable ventricular assist device and transcutaneous ventricular assist device

The application segment of the market consists of destination therapy and bridging therapy.

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas has been segmented into North America and Latin America, with the North American market being divided into the US and Canada. The Americas is projected to hold the largest market share owing to the increasing number of patients with heart failure, and growing presence of major market players. 

The European ventricular assist devices market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The ventricular assist devices market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The ventricular assist devices market in the Middle East & Africa has been divided into the Middle East and Africa.

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Emergency Medical Supplies Market 2021 Global Dynamics, Trends, Opportunities, Drivers, Challenges by 2027

 Global Emergency Medical Supplies Market Research Report: By Product Type (Life Support and Emergency Resuscitation Equipment, Patient Monitoring Systems, Wound Care Consumables, Personal Protection Equipment), By Application (Cardiac Care, Trauma Injuries, Respiratory Care, Oncology, Others), By Distribution channel (Retail Pharmacies, E-commerce, Others) and By End User (Hospitals & Trauma Centers, Ambulatory Surgical Centers, Others) – Forecast to 2027

Market Highlights

According to MRFR analysis, the Global Emergency Medical Supplies Market Analysis is expected to register a 6.35% CAGR during the forecast period of 2020 to 2027. 

The rising prevalence rates of chronic disease are responsible for increasing the number of hospital admissions for treatment. Chronic disease prevalence is directly accountable for increasing the demand for emergency medical supplies, thus, driving the growth of this market.

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The increasing demand for technologically advanced and easy to use emergency medical supplies is encouraging market players to launch effective products with unique features. Also, the growing occurrence of road accidents and trauma injuries, and an increase in investments, funds, and grants by government bodies to strengthen the healthcare sector are responsible for driving the growth of the market during the forecast period.

Key Players

Some of the key players in the global emergency medical supplies market are B. Braun Melsungen AG (Germany), Messer Group (Germany), Hokai Nuku (New Zealand), ERBE Medical Pvt. Ltd. (Germany), CONMED Corporation (US), Medtronic Plc. (US), KLS Martin Group (Germany), Hutong (China), Shanghai Huifeng Medical Instrument Co., Ltd. (China), and BOWA-Electronic GmbH & Co. KG (Germany), among others

Segmentation

The global emergency medical supplies market has been segmented based on product type, application, and Distribution channel.

The market, based on product type, has been divided into Life Support and Emergency Resuscitation Equipment, Patient Monitoring Systems, Wound Care Consumables, Patient Handling Equipment, Infection Control Supplies, Personal Protection Equipment, and Others. The life support and emergency resuscitation equipment segment are further segmented into defibrillators, endotracheal tubes, ventilators, resuscitators, and laryngoscopes. The patient monitoring systems are divided into microelectromechanical systems, hemodynamic monitors, cardiac monitors, respiratory monitoring devices, neurological monitors, temperature monitoring devices, and prenatal and neonatal monitors. Hemodynamic Monitors are further classified into multi-parameter monitors, blood pressure monitors, blood glucose monitors, and blood gas and electrolyte analyzers. The cardiac monitors segment is segmented into ECG monitors, cardiac output monitors, and event monitors. Further respiratory monitoring devices are divided into pulse oximeters, anesthesia monitors, spirometers, capnography, and sleep apnea monitors. Neurological Monitors segment is further classified into EEG monitors, intracranial pressure monitors, cerebral oximeters, magnetoencephalography devices, and transcranial Doppler.

The wound care consumables are further segmented into dressings & bandages, sutures and staples, and others. The patient handling equipment segment is classified into patient lifting equipment, medical beds, wheelchairs and scooters, and others. The infection control supplies are further sub-segmented into disinfectants and cleansing agents and medical nonwovens.

The personal protection equipment segment is further bifurcated into hand and arm protection equipment, head protection equipment, eye and face protection equipment, foot and leg protection equipment, and others.

On the basis of application, the global emergency medical supplies market has been segregated into cardiac care, trauma injuries, respiratory care, oncology, and others. According to the National Cancer Institute, in n 2020, it is estimated that there will be 21,750 new cases of ovarian cancer and an estimated 13,940 people will die of this disease. It is likely to boost the growth of the market during the forecast period.

By distribution channel, the global emergency medical supplies market has been classified into retail pharmacies, E-commerce, and Others. Retail pharmacies are expected to hold maximum market share in the emergency medical supplies market.

By the end-user, the global emergency medical supplies market has been segmented hospitals & trauma centers, ambulatory surgical centers, and others. An increasing number of hospital admission and the increasing prevalence of infectious diseases are driving the growth of the hospital segment during the forecast period.

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

Americas has been segmented into North America and Latin America, with the North American market being divided into the US and Canada. The Americas held the largest share in the global market in 2019. The presence of major market players and increasing prevalence COVID-19 in the region are boosting the market growth during the forecast period. 

The European emergency medical supplies market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The emergency medical supplies market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the rising geriatric population and the presence of a large patient pool, the market in Asia-Pacific is expected to be the fastest-growing. The emergency medical supplies market in the Middle East & Africa has been divided into the Middle East and Africa.

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Peripheral Artery Disease Market Share, Global Insights and Gross Margin Analysis 2021-2027

 Global Peripheral Artery Disease Market: Information By Treatment Type (Devices (Angioplasty Balloon, Angioplasty Stents (Stenting), Catheters, Plaque Modification Devices (Atherectomy), Hemodynamic Flow Alteration Devices, Others), Drugs (Lipid-Lowering Drugs, Blood Pressure Lowering Drugs, Glucose Regulating Drugs, Blood Clot Preventing Drugs)) By End User (Hospitals and Clinics, Ambulatory Surgery Centers and others) - Forecast till 2027

Market Highlights

Global Peripheral Artery Disease Market is estimated to be valued at USD 23,624.01 Million by 2025 and is expected to register a CAGR of 4.84% during the forecast period.

Peripheral artery diseases (PAD) are the diseases of the blood vessels located outside the brain and heart. PAD occurs when plaque builds up in the arteries that carry blood to the head, organs, and limbs. Factors such as rapid growth in the geriatric population and the subsequent increase in the prevalence of peripheral artery diseases, along with increasing product approvals, are driving the growth of the peripheral artery disease market. Additionally, rising cases of diabetes are also driving the growth of the Peripheral Artery Disease Market Share. However, product recalls and failures are hampering the market growth.

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Key Players

Market Research Future (MRFR) recognizes Koninklijke Philips NV (Netherlands), B. Braun Melsungen AG (Germany), Cook (US), Medtronic (Ireland), Bayer AG (Germany), Boston Scientific Corporation (US), Becton, Dickinson, and Company (BD) (US), Terumo Medical Corporation (Japan ), Biotronik (Germany), Cardinal Health (US) as the Key Players in the Global Peripheral Artery Disease Market.

Segment Analysis

The Global Peripheral Artery Disease Market has been segmented on the basis of Treatment Type and End User. The market, based on treatment type, has been segmented into devices, and drugs. Devices are further segmented into angioplasty balloon, angioplasty stents (stenting), catheters, plaque modification devices (atherectomy), hemodynamic flow alteration devices, and others. Drugs are further sub-segmented into lipid-lowering drugs, blood pressure-lowering drugs, glucose regulating drugs, and blood clot preventing drugs. The global peripheral artery disease market, by end-user, has been categorized as hospitals and clinics, ambulatory surgery centers, and others.

Regional Analysis

Geographically, the global peripheral artery disease market has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. As per MRFR analysis, the Americas was the largest market for peripheral artery disease in 2018 and is expected to remain dominant during the review period. The growth of the Americas is due to the high prevalence rate of diabetes, rising healthcare expenditure, and increasing cases of obesity. Additionally, constantly changing lifestyle habits such as unhealthy dietary habits, excessive alcohol consumption, smoking, obesity, and lack of physical activity are making individuals more susceptible to peripheral artery disease and is driving the market growth. For instance, according to the American Heart Association, peripheral artery disease (PAD) affects over 8.5 million Americans yearly.

Additionally, the American Diabetes Association, in 2015, stated that 30.3 million Americans, or 9.4% of the population, had diabetes. Moreover, USD 327 billion were spent in the US in 2017 for diabetes

Europe would follow the Americas in terms of value during the forecast period. The European market is expected to register a sturdy growth rate during the forecast period due to rising cardiovascular disorders and increasing cigarette smoking population. Additionally, the rising older population in the European Union is driving the growth of the peripheral artery disease market in Europe.

Asia-Pacific is expected to represent the highest market growth potential over the forecast period due to the growing patient pool and increasing technological advancements. The fast growth of the Asia-Pacific region is due to the increasing per capita income along with government initiatives to enhance the quality of healthcare and rising diabetes being the major concern in this region

The Middle East and Africa are expected to represent a modest market growth from 2019 to 2025. The Middle East would hold a substantial market share over the assessment period due to increasing obesity issues, rising initiatives by governments to improve patient care, and favorable reimbursement policies.

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Hyperspectral Imaging System Market Covering Growth Inclinations & Development Strategies until 2027

 Hyperspectral Imaging System Market: Information by Product (Visible/Near-Infrared (VNIR), Short-Wave Infrared (SWIR), Mid-Wave Infrared (MWIR), Long-Wave Infrared (LWIR)), Application (Surveillance, Remote Sensing, Machine Vision/Optical and Medical Diagnostics) and Region (Americas, Europe, Asia-Pacific, and the Middle East & Africa) - Global Forecast till 2027

Market Highlights

According to MRFR analysis, Global Hyperspectral Imaging System Market is expected to register a CAGR of 17.4% during the forecast period of 2019 to 2025 and held a value of USD 10,700 Million in 2018.

Hyperspectral imaging system has wide applications in areas such as art conservation, vegetation, water resource control, archaeology, food quality, forensic medicine, crime scene detection, and forensic medicine. HSI technology is mainly used by the defense sector, government agencies, and non-military application sectors such as agriculture and mineral.

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The growth of the global Hyperspectral Imaging System Market Report is boosted by various factors such as the growing industrial applications of hyperspectral imaging, Technological advancements in electronics industry, such as sensor design, high spectral resolution, high spatial resolution, compact and lightweight devices, growing prevalence of cancer, and increasing awareness of innovative diagnostics methods.

Additionally, the introduction of innovative products in the market is expected to drive the growth of the market during the forecast period. For instance, In January 2020, Specim, Spectral Imaging Ltd. (Finland), launched Specim’s new AFX10, a compact hyperspectral camera for airborne use. Specim’s new AFX10 is easy to use and can be used to check water quality, estimating the fertilizing need in agriculture, identifying vegetation species, or studying wildlife population

However, the high cost associated with the use of hyperspectral imaging and scarcity of qualified professionals is likely to hamper the growth of the market during the forecast period.

Several market players currently dominate the global hyperspectral imaging system market. The key players are engaged in product launches and strategic collaborations to strengthen their market positions.

Key Players

Some of the Key Players in the Global Hyperspectral Imaging System Market are Headwall Photonics, Inc. (the US), Specim, Spectral Imaging Ltd. (Finland), Norsk Elektro Optikk as (NEO) (Norway), Resonon, Inc. (the US), Corning Incorporated(US), Telops (Canada), Applied Spectral Imaging(US), Bayspec, Inc.(the US), Surface Optics Corporation (US), Chemimage Corporation (US), Cubert GmbH (Germany), Raytheon (US), Galileo Group, Inc.(the US), Hypermed Imaging, Inc.(the US), Inno-Spec (Germany), Camlin Group Ltd. (UK), IMEC (Belgium), XIMEA GmbH (Germany), among others.

Segmentation

The Global Hyperspectral Imaging System Market has been segmented based on Product, Technology, and Application.

The market, based on product, has been divided into visible/near-infrared (VNIR), short-wave infrared (SWIR), mid-wave infrared (MWIR), long-wave infrared (LWIR). The Visible/Near-Infrared (VNIR) systems segment is likely to be the largest due to the high adoption of visible/near-infrared (VNIR) systems in various industries. The mid-wave infrared (MWIR) segment is predicted to be the fastest-growing due to increasing awareness about the rising adoption of MWIR systems in detecting volcanic vents, industrial gas leaks, or biomass burning events.

The global hyperspectral imaging system market has been segmented, based on the technology, into push broom, snapshot, and others. The push broom segment is anticipated to be the largest segment during the forecast period due to the rising popularity of these devices owing to the simplified illumination requirements, minimized illumination exposure, high spectral resolution, and heat load, and the shorter capturing time.

The applications segment of the global hyperspectral imaging system market surveillance, remote sensing, machine vision/optical, and medical diagnostics. The surveillance segment is likely to hold the maximum share during the forecast period due to the rising adoption of innovative technologies in the defense sector.

Regional Analysis

The Market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas held the maximum share in the year 2018, owing to the presence of established key players in countries such as the US and Canada. The hyperspectral imaging system market in the Americas has further been categorized into North America and Latin America, with the North American market further divided into the US and Canada. The European hyperspectral imaging system market has been categorized as Western Europe and Eastern Europe. The Western European market has been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The hyperspectral imaging system market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The hyperspectral imaging system market in this region is anticipated to be the fastest growing during the assessment period due to the rising mining activities, and blooming healthcare, agriculture, and biotechnology sector in the region. The hyperspectral imaging system market in the Middle East & Africa has been divided into the Middle East and Africa.

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Top Trends in Healthcare Data Storage Market 2021 – 2027 by Growth Factors and Industry Players Overview

 Global Healthcare Data Storage Market Research Report: By Solutions (On-Premise, Cloud, Hybrid Data Storage), By Application (Clinical Analysis, Financial Analysis, Operational Analysis), By Architecture (Object Storage, File Storage, Block Storage), By Type (Flash & Solid-State Storage, Magnetic Storage), By Storage System (Storage Area Network, Direct-Attached Storage) and By End User (Hospitals and Clinics, Pharmaceutical & Biotechnology Companies, CROS, and CMOS, Others) – Forecast to 2027

Market Highlights

According to MRFR analysis, Healthcare Data Storage Market Forecast is expected to register a CAGR of 13.9% during the forecast period of 2019 to 2025 and is likely to be valued at USD 48.2 Billion in 2025.

Healthcare data storage are software solutions used by hospitals, clinics, diagnostic centers to store patient data for future use. These solutions are used by healthcare companies to store data about manufacturing products and their processes.

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The growth of the global healthcare data storage market is determined by numerous factors such as an increasing patient database due to the increasing number of surgeries, increasing clinical trials, and research activities to develop innovative products. Also, the decreasing paper use to maintain patient information increases the demand for healthcare data storage solutions.  However, the key factors such as data infringement, cyber-attacks and high cost of healthcare data storage solution hamper the market growth.

Key Players

Some of the Key Players in the Global Healthcare Data Storage Market are DataCore Software (US), Dell Inc. (US), IBM Corporation (US), NetApp (US), Hewlett Packard Enterprise (HPE)(US), Pure Storage (US), Hitachi (Japan), Western Digital (US), Nuance Communications, Inc (US), and Carestream Corporation (US).

Segmentation

The Global Healthcare Data Storage Market has been segmented based on solution, application, architecture, type, storage system, and end user.

The market, based on solution, has been divided into on-premise, cloud, and hybrid data storage. On-premise is likely to hold the maximum market share in the global healthcare data storage market.

The Global Healthcare Data Storage Market on the basis of application has been segregated into the clinical analysis, financial analysis, and operational analysis. The clinical analysis segment is expected to hold a larger share of the market share owing to the rising number of hospitals, clinics, and diagnostic centers. Clinical analysis is further sub-segmented into clinical decision support, quality control, reporting and compliance, population health management, and precision health. The financial analysis is further segmented into revenue cycle management, claim processing, risk adjustment & assessment, and others.

On the basis of architecture is segmented into file storage, object storage, and block storage.

Based on type, the market is segmented into flash & solid-state storage and magnetic storage. The magnetic storage is further sub-segmented into magnetic disks and magnetic tapes. On the basis of storage system, the market is segmented into storage area network and network-attached storage direct-attached storage.

The end user segment of the market consists of hospitals and clinics, pharmaceutical & biotechnology companies, clinical/contract research organizations (CROs), and contract manufacturing organizations (CMOs), and others.

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

Americas has been segmented into North America and Latin America, with the North American market being divided into the US and Canada. The Americas is projected to hold the largest market share owing to the increasing burden of clinical data, which is challenging to handle drives the market growth during the forecasted period. 

The European healthcare data storage market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Italy, Germany, Spain, France, the UK, and the rest of Western Europe. The healthcare data storage market in Asia-Pacific has been segmented into Japan, India, China, Australia, South Korea, and the rest of Asia-Pacific.  Due to the rising geriatric population and the presence of a large patient pool, the market in Asia-Pacific is expected to be the fastest-growing. The healthcare data storage market in the Middle East & Africa has been divided into the Middle East and Africa.

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