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Market Scope
The Global Home Healthcare Market Sizewill grow at a CAGR of 11.6% during
the forecast period 2020 to 2027. The market for home healthcare is set to
reach USD 273.9 Billion by 2027. As per market analysts, the global market is
anticipated to witness growth owing to the factors such as technological
advances in healthcare and diagnosis equipment as well as government
initiatives encouraging home healthcare. However, the market will face
challenges and restraints due to concerns regarding patient safety and
increasing healthcare costs during the forecast period 2020 to 2027.
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Competitive Landscape of Home Healthcare Market
Some reputed companies that are functioning in the home
healthcare market include Abbott (U.S.), Koninklijke Philips N.V. (The
Netherlands), Fresenius SE & Co KGaA (Germany), F. Hoffmann-La Roche AG
(Switzerland), GE Healthcare (U.S.), A&D Company (Japan), B. Braun
Melsungen AG (Germany), McKesson Corporation (U.S.), Omron Corporation (Japan),
Becton Dickinson Company (U.S.), LG Electronics (South Korea), Medtronic PLC
(U.S.), Apple (U.S.), Kinnser Software (U.S.), and 3M (U.S.) and others. Eminent
players are engaged in launching new products and entering partnerships in the global
market and to expand their consumer base.
Segment Analysis of Home Healthcare Market
The home healthcare market segment study is based on product,
software, and service.
By products, the segments of the home healthcare market study
are screening, therapeutic and testing, and monitoring products. The segment of
therapeutic and testing is sub-segmented into respiratory therapy equipment,
dialysis equipment, insulin delivery devices, IV equipment, and wound care
products among others. The segment of monitoring products is sub-segmented into
event monitors, holter, sleep apnea monitors, pulse oximeters & heart rate
monitors, blood pressure monitors, blood glucose monitors, and cholesterol
monitoring devices among others.
By software, the home healthcare market study is segmented
into hospice solutions, agency software, telehealth solution, and clinical
management systems. The telehealth solution segment can rise at high growth
pace over the years to come.
By services, the global home healthcare market is segmented
into unskilled care services, skilled nursing services, rehabilitation therapy
services, respiratory therapy services, infusion pregnancy care services, and therapy
services. The expansion of the respiratory therapy services to support market.
Regional Assessment of Home Healthcare Market
The growing concerns regarding authenticity and safety of
treatment are encouraging innovations that can influence the home healthcare
market expansion in different regions across the globe. The market research
report reveals that companies in the global home healthcare market can be supported
by new revenue sources that are utilized by key market players and the surging investment
over the forecast term. The regional analysis of the market is spread across
Europe, North America, and Asia-Pacific among other. As per market study, the home
healthcare market is set to experience a tremendous growth across software,
product, service, and region segments. The home healthcare market in North
America region covers the United States, and Mexico and Canada. Businesses
present in this regional market are profiled for their strategies and are presented
in detail in this market report. The home healthcare market in the European
region covers Germany, Italy, France, and the United Kingdom. Further, the
market research report offers details on the APAC region that spans across China,
Japan, India, Australia, and others. The market active across other parts of
the world, such as; Middle East, Brazil, and Africa, others in the home
healthcare market are also studied.
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Market Highlights
An insightful report
furnished by Market Research Future (MRFR) suggests that the Asia Pacific
(APAC) Aesthetics Market is poised to grow at an approximate growth rate
of 11.50% during the forecast period (2017-2023).
The importance of
beauty and personal appearance currently is at an all-time high as compared to
earlier times due to the development of social media proliferation, thus
boosting the Asia Pacific Aesthetics Market. Reports created by MRFR
detail the developments in the industry that can be expected in the market
through the forecast period. The Asia
Pacific Aesthetics Market Size is estimated to gain a strong assessment of
USD 12,175.1 MN by the conclusion of 2025.
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Prominent Companies
ZELTIQ Aesthetics Inc. (U.S.), Galderma S.A. (Switzerland),
Alma Lasers (Israel), Lumenis (Israel), PhotoMedex, Inc. (U.S.), Cutera (U.S.), Johnson & Johnson
Services, Inc. (U.S.), Solta Medical, Inc. (Canada), Syneron Medical Ltd.
(U.S.), Mentor Worldwide LLC (U.S), Merz Pharma (Germany), Integra Lifesciences
(U.S.), Cynosure Inc. (U.S.), ALLERGAN (Ireland), Sanofi (France), are some of
the leading companies in the Asia Pacific aesthetics market.
Market Segmentation
The Asia Pacific
aesthetics market has been segmented on the basis of procedures, products,
application, and end-user.
The various
procedures in the market are surgical aesthetic procedures and nonsurgical
aesthetic procedures. The surgical aesthetic procedures are categorized into
liposuction, breast augmentation, tummy tuck, eyelid surgery, breast lift,
dermabrasion, and others. On the other hand, the nonsurgical aesthetic
procedures are split into the segments of botulinum toxin, hyaluronic acid,
hair removal, photorejuvenation (IPL), chemical peel, microdermabrasion, and
others.
Product-wise, the
market caters to laser and energy-based devices, skin tightening and body
contouring devices, aesthetic implants, and others. The types of skin
tightening and body contouring devices are liposuction devices, cellulite
reduction devices, cryolipolysis technology, anti-aging device, and others. The
aesthetic implants are fragmented into dental implants, breast implants,
buttock augmentation, transdermal implants, and others.
Detailed Regional
Analysis
The regional
scrutiny of the Asia Pacific Aesthetics Market consists of North America,
Europe, Africa, and the Middle East. The North American region’s Asia Pacific
Aesthetics Market is estimated to emerge as the principal regional market in
the overall Americas region. The aesthetic industry growth in the North
American region is the outcome of the speedy development in beauty treatments
and various anti-aging cosmetic operations. The Mexican aesthetic devices
market in the region has been bolstered by the mounting interest in cosmetic
techniques, improving healthcare infrastructure, intensifying problem of skin
illnesses, and the increasing number of accomplished board-certified cosmetic
doctors. The regional market of Europe is promoted to be the next highest
gainer in the worldwide market in the future, supported by the collective
support given by the government and the great population of elderly patients
who need improvement in physical form. The substantial healthcare expenditure
is another development-inducing influence in the regional market. The APAC
regional market is estimated to be driven due to the exploding patient
population, swift innovations in technology, and the profusion of lucrative
prospects for global companies in the region. The UAE aesthetic devices market
in the Middle Eastern region is mounting at an encouraging rate, because of the
rising surgeries counting facial fat grafting, breast enlargement, liposuction,
and more. The need for innovative devices and tools to ensure safer and more
effective procedures are projected to guide the Asia Pacific Aesthetics Market
in the region.
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Market Overview
The global autoimmune
disease treatment market size is expected to balloon at 11.2% CAGR from
2017 to 2023 (forecast period). High prevalence of autoimmune disorders is one
of the primary drivers of the market. This is supported by the survey by the
National Institute of Health (NIH) which pegs the number of Americans suffering
from autoimmune diseases at 23.5 million. The growing public awareness levels
as well as the large efforts taken by government healthcare organizations for
curbing the menace of these diseases can bode well for the market.
The centralization of patient response to novel drugs and
treatments on a common database is likely to expedite the progress of
autoimmune drugs exponentially. Technological advances, rising prevalence of
comorbidities, rise of regulatory frameworks, and rise of government supported
networks are other growth drivers of the market.
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Segmentation
The global autoimmune disease treatment market is segmented
on the basis of disease type, diagnosis, therapeutic product, and distribution
channel.
By disease type, the market is segmented into systemic and
localized. Systemic is further segmented into psoriasis, lupus, rheumatoid
arthritis, and others. Localized, on the other hand, is segmented into
diabetes, inflammatory bowel disease, and others.
By diagnosis, the autoimmune disease treatment market is
segmented into multiplex immunoassay, agglutination, dot blot, line blot,
ELISA, double immune diffusion, Western blotting, and others.
By therapeutic product, it is segmented into drugs and therapeutic
& monitoring equipment. Corticosteroids, immunosuppressants, biologics,
anti-inflammatory drugs, and non-steroidal anti-inflammatory drugs are segments
subsumed within the drugs segment.
By distribution channel, it is segmented into pharmacies, drug
stores, hospitals & clinics, diagnostic centers, and others.
Regional Analysis
The Middle East & Africa (MEA), Europe, Asia Pacific
(APAC), and the Americas are regions taken into consideration during the
compilation of the global autoimmune disease treatment market report.
The Americas are touted to dominate in the leading position
during the forecast period due to a large healthcare expenditure and increase
in the cases of autoimmune diseases. Introduction of favorable healthcare
policies such as the Affordable Care Act and efforts by the American Autoimmune
Related Diseases Association (AARDA) are likely to culminate in high dividends
for the autoimmune disease treatment market from the region.
Europe is the second largest region with the biggest potential
for the global market. Factors such as healthcare policies, introduction of
autoimmune diagnostic techniques, and allocation of sufficient funds by
governments can drive the regional demand.
The APAC region is expected to exhibit a robust growth rate
during the forecast period due to the healthcare budget being elevated in
several countries. The large patient pool as well as the rising number of
medicines being developed at pharmaceutical companies can contribute to the
market revenue.
Competition Outlook
Johnson & Johnson Inc., Danaher, Siemens, Bio-Rad, Merck
& Co. Inc., Genentech Inc., Biogen Idec Inc., F. Hoffmann-La Roche AG, Eli
Lilly and Company, Thermo Fisher Scientific, Abbott Laboratories, HYCOR
Biomedical, Squibb Company, Bayer Schering Pharma AG, Elan Corporation Plc,
GlaxoSmithKline Plc, Chugai Pharmaceutical Co. Ltd., Amgen Inc., and others are
major players in the global autoimmune disease treatment market.
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Market Highlights
Chorea is a nonrhythmic, rapid, non-suppressible involuntary
movement. Chorea is often worsened by anxiety, stress and subsides during
sleep. It is also found that most patients attempt to disguise chorea by a
purposeful activity. Sydenham’s chorea is the most common form of chorea in
childhood, whereas Huntington’s disease, and drug induced chorea found mostly
in adult onset cases.
It is estimated that the Chorea
Market outlook is expected to grow at a CAGR 11.4% during the forecast
period of 2017-2023.
A number of factor such as growing public awareness, and
technological advancements, rising prevalence of neurological disorders,
increasing awareness, improving regulatory framework, increasing government
assistance, increasing adoption rate, and rising funding and reimbursement
policies are propelling the growth of the global chorea market.
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Key Players
Some of key the players in the global chorea market are Teva
Pharmaceutical Industries Ltd., Valeant, Medtronic, Alnylam Pharmaceuticals,
Inc., Cyberonics, Inc., AmpliPhi Biosciences Corp, Ceregene Inc., Boston
Scientific Corporation, GlaxoSmithKline plc, Lundbeck, Prana Biotechnology
Limited, Cortex Pharmaceuticals Inc., Vertex Pharmaceuticals Incorporated, SOM
Biotech, Raptor Pharmaceutical, Omeros, Ipsen, Pfizer, Palobiofarma, Aleva
Neurotherapeutics SA, and others.
Segmentation
The Global Chorea Market is segmented on the basis of type,
treatment, and distribution channels.
On the basis of the type, the market is classified as
Huntington’s disease, Rheumatic (Sydenham’s chorea), and Drug-induced chorea.
On the basis of the treatment, the market is classified as
medical care, and surgical care. The medical care is further segmented into
neuroleptics, dopamine-depleting agents, GABAergic drugs, coenzyme Q10,
intravenous immunoglobulin, and plasmapheresis. The sub segments neuroleptic
includes, typical neuroleptics, and atypical neuroleptics. The surgical care is
further segmented into deep brain stimulation, and cell transplantation.
On the basis of the distribution channel, the market is
segmented into hospitals, clinics, diagnostic centers, drug stores, pharmacies,
and others.
Regional Analysis
The Americas dominate the chorea market owing to the rising
awareness among people, and high healthcare expenditure. According to the
Centers for Disease Control and Prevention in 2015, the total health
expenditure in the United States was reported to be USD 3.2 trillion and
hospital care accounted for a share of 32.3%.
Europe holds the second position in the chorea market. It is
expected that the support provided by the government bodies for research &
development and improvement in reimbursement policies in the healthcare is
likely to drive the market of Europe region.
Asia Pacific is the fastest growing chorea market owing to a
huge patient pool and developing healthcare technology. Healthcare expenditure
is also improving in various Asia Pacific countries. According to the
Australian Institute of Health and Welfare in the years 2015-2016, the total
health expenditure was USD 170.4 billion, which is 3.6% higher than the
expenditure of 2014-2015.
The Middle East & Africa holds the lowest market due to
lack of technical knowledge and poor medical facilities.
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Market Overview:
Medical
foods Market Size are custom made liquid solutions used entirely to treat
consumers suffering from Alzheimer’s, diabetic neuropathy, nutritional
deficiency, depression, and others. Their main function is to supply nutrients
which is not available to the consumers through normal diet. They are available
in different forms such as pills, powder and others for consumption. Medical
foods are intended to be used under the supervision of medical and other
appropriate health professionals.
Market Forecast:
Medical foods are expected to grow continuously over the
estimated time with growing awareness among the consumers. Increasing issue of
nutritional deficiency in the population is resulting in the prevalence of
chronic diseases, which is driving the growth of the market.
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The major players in the Medical Foods Market,
Danone (France)
Nestlé (Switzerland)
Abbott (U.S.)
Mead Johnson & Company, LLC (U.S.)
Primus Pharmaceuticals Inc. (U.S.)
Targeted Medical Pharma Inc. (U.S.)
Fresenius Kabi AG (Germany)
Market Segmentation:
The global medical foods market has been divided into
nutritional ingredients, form, ailment, and region.
On the Basis of Nutritional Ingredients: Vitamins Minerals, Proteins,
Omega-3, Isoflavones, Phytosterols
On the Basis of Form: Pills, powders, and others
On the Basis of Ailment: Alzheimer’s Diseases, Diabetic Neuropathy,
Nutritional Deficiency, and Depression
On the Basis of Region: North America, Europe, Asia Pacific, and ROW..
Regional Analysis:
The global medical foods market is segmented into North
America, Europe, Asia Pacific and rest of the world (RoW). North America is
dominating the global market followed by Europe. Increasing awareness of
medical foods in the U.S. and growing problem of Alzheimer’s diseases is
driving the market for medical foods in this region.
Asia Pacific is projected to be the fastest growing region
in which the major contributor is China. Continuous innovation and improved
education towards medical foods will positively impact the market for rest of
the world.
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Nonallergic
rhinitis, also known as vasomotor rhinitis is a medical condition that refers
to a set of symptoms that resemble nasal allergies and hayfever (allergic
rhinitis) occurring without a known cause. Some of the symptoms of non-allergic
rhinitis include Postnasal drip, Runny nose, Sneezing, and Stuffy nose among
others. Some patients with nonallergic rhinitis may even develop allergies and
asthma eventually, hence treating the condition well in time becomes essential.
Acknowledging
the heightened growth, the market perceives currently, Market Research Future
(MRFR) in its recently published study report asserts that the global nonallergic rhinitis market Sizeis expected to register
approximately 5.3% CAGR, creating a significantly larger revenue pocket
throughout the assessment period (2017 – 2023).
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Major Players:
Key players
leading the global nonallergic rhinitis market include Novartis (U.S.),
Boehringer Ingelheim GmbH (Germany), GlaxoSmithKline (U.K), Johnson &
Johnson Consumer Inc. (U.S.), Perrigo Company plc (Ireland), Bayer (U.S.), and
Sanofi (France) among others.
Global
Nonallergic Rhinitis Market -
Segmentations
The MRFR analysis is segmented into four key dynamics for
enhanced understanding.
By
Diagnosis : Physical Examination,
Allergy Testing, and Imaging Test among others.
By
Treatment : Nasal Sprays and
NSAIDs among others.
By
End-user : Hospitals &
Clinics and Research Centers among others.
By Regions :
Asia Pacific,North America, Europe, and the Rest-of-the-World.
Global
Nonallergic Rhinitis Market -
Geographical Analysis
The North
American region dominates the global nonallergic rhinitis market with a
significant market share. The market is further expected to create a
substantial revenue pocket growing at a considerable CAGR throughout the review
period (2017-2023). Factors such as
well-developed healthcare sector and increasing prevalence of nonallergic
rhinitis coupled with the high per capita healthcare expenditures drive the
growth in the regional market. Moreover, the consequent increase in the demand
for new diagnostic and treatment services alongside the presence of key players
in the region drives the market growth. Additionally, a well-spread awareness
about morbidity due to nonallergic rhinitis positively influences the growth of
the market in the region.
The
European nonallergic rhinitis market accounts for the second largest market,
globally. Factors such as the increasing demand for nasal sprays, and extensive
research and development activities by clinical research and academic
institutes for chronic diseases treatment drive the regional market. Germany
and France due to the presence of key manufacturing companies for NSAIDs
account for the major contributors for the market growth. A well-developed
healthcare sector led by the resurging economy in the region drives the market
growth predominantly.
The Asia
Pacific region, heading with the increasing number of patients suffering from
nonallergic rhinitis, is rapidly emerging as a promising market, globally. Moreover, factors such as the spreading
awareness about the availability of processes for diagnosis and treatment of
the disease drive the growth of the regional market. India, China, and Japan
account for the major contributors to the growth of the market.
Furthermore,
the increasing demand for nasal sprays and OTC medicines and the availability
of highly qualified medical personnel dedicated to the research of chronic
diseases pushes up the market growth.
Global
Nonallergic Rhinitis Market – Competitive Analysis
Intensely
competitive, the nonallergic rhinitis market appears fragmented owing to the
presence of several large & small key players. These market players through
strategic initiatives such as partnership, acquisition, expansion,
collaboration, and product & technology launch try to gain competitive
advantage. Substantial investments are being made in the R&D to develop a
treatment procedure that is on a different level entirely compared to their
competition.
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Market
Analysis
The Global
Absorbable
Heart Stent Industryis predicted to grow at a 9.6% CAGR between
2017-2023, states the latest Market Research Future (MRFR) report. Absorbable
stents are meant for patients with relatively noncomplex blockages and low
risk. It gets dissolved in the body with time and its possible advantages
include fewer risks compared to traditional metal stents and reduced repeat
procedures. Absorbable stents are generally made of polymers or metals. The
metallic stents are generally made of iron and its alloys, iron, magnesium, and
zinc. Of the two, the polymeric stents are widely used for their ability to
maintain a strong scaffold.
Various factors are
propelling the absorbable heart stent market growth. Some of these factors, as
per the latest Market Research Future report, include increasing psychological
and physical stress, changing lifestyle, rising number of cardiac procedures,
rise in patient pool, and burgeoning demand for absorbable heart stents.
Additional factors propelling the absorbable heart stent market growth include
technological advancements in heart stents, rising incidence of cardiac
diseases, lack of physical exercise, and increasing unhealthy habits.
On the contrary, the
high cost of cardiac surgery and the price of stents in some developed
countries are factors that may hamper the absorbable heart stent market growth
during the forecast period.
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Key
Players
Notable players
profiled in the absorbable heart stent market report include Meril Life
Sciences Pvt. Ltd, Terumo Medical Corporation, Medtronic, Boston Scientific
Corporation, KYOTO MEDICAL PLANNING Co., Ltd., Braun Melsungen AG, Elixir
Medical Corporation, REVA Medical, Inc., Biotronik, and Abbott Laboratories.
Key players have incorporated different strategies to create a niche in the
market, such as joint ventures, research, and development activities,
collaborations, expansions, mergers and acquisitions, and more.
Market
Segmentation
The MRFR report
provides an all-inclusive segmental analysis of the absorbable heart stent
market on the basis of end use, application, and material.
By material, the
absorbable heart stent market is segmented into polymer and metal. Of these,
the polymer segment will lead the market over the forecast period owing to the
rising applications as well as the use of stents that are polymer-based.
By application, the
absorbable heart stent market is segmented into periphery artery disease and
coronary artery disease. Of these, the coronary artery disease segment will
dominate the market over the forecast period due to the increasing incidence of
coronary diseases in geriatric individuals.
By end use, the
absorbable heart stent market is segmented into research institutes and
organizations, cardiovascular centers, hospitals and clinics, and others. Of
these, hospitals and clinics will have the maximum share in the market during
the forecast period owing to the increasing risk of peripheral artery disease
and coronary artery disease coupled with a growing number of heart surgeries.
Regional
Analysis
By region, the
absorbable heart stent market report covers the latest trends and growth
opportunities across the Americas, the Middle East and Africa, Europe, and the
Asia Pacific. Of these, the Americas will spearhead the absorbable heart stent
market during the forecast period. Factors pushing the growth of the absorbable
heart stent market in the region include increasing use of absorbable heart
stents by healthcare physicians, preference of patients for minimally invasive
therapies, increasing prevalence of chronic diseases, and favorable initiatives
undertaken by the government for healthcare reforms. Canada and the US are the
chief contributors in this region owing to the rising geriatric population
suffering from obesity and diabetes, greater healthcare penetration, good
reimbursement rates, and the presence of good hospitals, especially in the
developed countries of the region.
In Europe, the
absorbable heart stent market is predicted to have the second-largest share
during the forecast period. Factors pushing the growth of the absorbable heart
stent market in the region include the prevalence of peripheral artery disease
(PAD) and coronary artery disease CAD), a huge patient pool, increasing
healthcare penetration, and expanding medical devices industry. Germany is the
main contributor in this region owing to the presence of a huge medical device
industry, followed by France.
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of various industries through Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR),
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Market Synopsis:
The increase in the geriatric population is one of the
significant drivers of acute intermittent porphyria market. According to
reports, the aging population will almost double up by the end of 2050. Market
Research Future (MRFR) has revealed in its latest report that the Global Acute
Intermittent Porphyria Market Size will thrive steadily at 5.6 % during the
forecast period 2017-2023.
The risk factors associated with acute intermittent
porphyria, which include liver cancer (hepatocellular carcinoma), kidney
failure, neurological disorders, psychiatric issues, gastrointestinal problems,
urinary tract issues, etc. will accelerate the market expansion. The growth of
the market is also attributable to the increasing prevalence of the metabolic
disorders which is likely to increase further during the assessment period.
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Competitive Dashboard:
The key players profiled by MRFR in its report include
Dahaner (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Siemens AG (U.S.),
Sysmex Corporation (Japan), ARKRAY, Inc. (Japan), ACON Laboratories, Inc.
(U.S.), and, F. Hoffmann-La Roche Ltd (Switzerland) among others. The players
strive to gain prominence in the market by devising and employing strategies
such as research & development, clinical trials, acquisitions & mergers,
innovative collaborations, agreements, etc.
Market Segmentation:
By diagnosis, the global acute intermittent porphyria market
has been segmented into blood test, urine test, serum test, DNA test, and
others.
By treatment, acute intermittent porphyria market is segmented
into gonadotropin-releasing hormone analogues, prophylactic hematin infusions,
and others.
By end user, the global acute intermittent porphyria market
has been segmented into hospitals & clinics, research centers, and others.
Regional Analysis:
By region, the acute intermittent porphyria market has been
segmented into North America & South America, Europe, Asia Pacific, and,
the Middle East & Africa. The North America & South America region will
generate maximum revenue from the market during the projection period. The
technological advancements integrated into the treatment of acute intermittent
porphyria is likely to accelerate revenue creation over the review period.
Other factors responsible for the growth of the market include increasing patient
with genetic metabolic disorders, rising healthcare expenditure, and increasing
government support for research & development. Furthermore, the
concentration of key players in the region coupled with increased research
& development activities will encourage the market growth and expansion.
Europe is the second largest market for acute intermittent
porphyria globally. The favorable factors supporting the market expansion in
the region are initiatives undertaken by the governments and the availability
of funds for research & development activities. The presence of developed
economies in the region is also likely to propel the market growth.
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Market Scope
Market Research Future (MRFR) studied the global eye care supplements market Size2021 for the assessment period till
2023. As per MRFR study, the global eye care supplement market is expected to
rise at a 10.8% CAGR over the review tenure. By 2023, the global eye care
supplement market value can churn-up decent revenue.
Drivers and Restrains Impacting Eye Care Supplements
Market
Eye care supplements contain vitamins and other nutrients beneficial
for maintaining ocular health and good vision. These products improve eye
health and are used in treating disease, such as; diabetic retinopathy,
cataracts, and glaucoma. Several people face problem due to poor vision and the
dietary products extracted are primarily used in the improvement of vision.
These dietary products can be derived from both synthetic and natural sources, such
as; plants. Omega fatty acids and antioxidant are some widely used eye care
supplements.
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Key Players in Eye Care Supplements Market
Nordic Naturals Inc. (U.S.), Biosyntrx Inc. (U.S.), Healths
Harmony USA Supplements LLC (U.S), Bristol-Myers Squibb Company (U.S.),
Vitabiotics Ltd. (U.K), NUSAPURE (U.S.), and Bausch & Lomb Incorporated.
(U.S.) are some top-notch companies in the global market of eye care
supplements that are recognized by Market Research Future and are listed in the
current report.
Segment Assessment of Eye Care Supplement Market
The global eye care supplement market’s segment assessment is
based on type, end user, and application.
The type-based segments of the eye care supplement market are
Fatty acids, Antioxidant, neuro-protective supplements, and anti-inflammatory
supplements among others. The antioxidant segment is studied for water-soluble
antioxidants that includes astaxanthin, zeaxanthin, lutein, and fat-soluble
antioxidants, such as; astaxanthin. The segment of fatty acids segment studies gamma-linolenic
acid and omega-6. The anti-inflammatory supplements segment analyses docosahexaenoic
acid (DHA). The segment of neuro-protective assesses eicosapentaenoic acid
(EPA).
The application-based segments of the eye care supplement
market are eye health, cataract, macular degeneration, glaucoma, and Diabetic
retinopathy among others. The retinopathy segment can thrive by 2023.
The end user-based segments of the eye care supplement market
are eye clinics, and eye hospitals among others. The segment of eye clinics are
churn-up high profits owing the increase in count of such clinics are rise in
number of visits to such clinics.
Regional Analysis of Global Eye Care Supplements
Market
North America is gaining reputation as the largest eye care
supplements market that can hold decent share of the global market due to the
rise in demand for eye care supplements. The growing prevalence of vision
impairment and related problems among people in the people in the US can favor
the market expansion. The Center of Disease Control and Prevention states that nearly
14 million Americans with age range from 12 years and above exhibit some type of
visual impairment that can prompt the eye care supplement market in North
America.
Europe is noted as the second largest market for the global eye
care supplements that can exhibit a steady growth in the years ahead due to the
accessibility affordable treatments and implementation of effective prevention
strategy for eye health. As per the World Health Organization, more than 60 Mn
people in Europe have diabetes and the surge in cases of diabetes is high in people
aged over 25 years, which can influence the market over the study tenure.
In the Asia Pacific region, the market of eye care
supplements is expected to register the fastest growth rate due to rise in
cases of chronic disease, such as; diabetic retinopathy, diabetes, and obesity.
In the Middle East Asia and Africa, the market of eye care supplement is
expected to show a steady rise owing to upscaling demand for ophthalmic
products and easy accessibility of treatment options.
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Market Highlights
Topical corticosteroids (steroids) are medication and
available in various forms such as creams, lotions, and solutions. They are
directly applied to the skin to reduce inflammation and irritation.
The global topical
corticosteroids market Size is expected to grow at a CAGR of about 5.8%
during the forecast period 2017-2023.
Increasing prevalence of skin diseases worldwide and lack of
awareness in both developed and developing countries are some of the factors
that drive the growth of the market. Additionally, increasing geriatric
population with skin disease, which in some cases remain untreated for a long
period boost the market growth.
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Major Players in the Topical Corticosteroids Market
Some of the key players in the global market are AstraZeneca
plc., GlaxoSmithKline plc., Merck & Co., Inc., Pfizer Inc., Sandoz AG
(Novartis AG), Sanofi S.A., Actimis Pharmaceuticals, Valeant
Pharmaceuticals, Almirall, S.A, and Zylera Pharmaceuticals.
Segmentation
The global topical corticosteroids market is segmented on
the basis of type of formulation. it is segmented into ointments, creams, and
others.
On the basis of type of potency class it is segmented into
ultra-high, high, moderate, and low. The ultra-high is further segmented into
clobetasol propionate, and diflorasone diacetate. The high segment is further
segmented into amcinonide, betamethasone dipropionate, desoximetasone,
fluocinonide, halcinonide, and others. The moderate segment is further segmented
into desoximetasone, fluocinolone acetonide, fludroxycortide, hydrocortisone
valerate, triamcinolone acetonide, and others. And the low segment is further
segmented into betamethasone valerate, desonide, fluocinolone acetonide, and
others.
On the basis of treatment, it is segmented into contact
dermatitis, insect stings, psoriasis, eczema, and others.
On the basis of end user, the market is segmented into
hospitals, dermatology clinics, pharmacies, and others.
Regional Analysis
The global topical corticosteroids market consists
of four regions: the Americas, Europe, Asia Pacific, and the Middle East &
Africa.
The Americas dominates the global topical
corticosteroids market. It comprises of two regions namely North America
and South America. North America is the largest market owing to rising
prevalence of skin diseases in the American counties and increasing geriatric
population with skin related diseases. According to the American Academy of
Dermatology, ~50% of Americans over age 65 have one or other forms of skin
diseases
In Europe, extensive demand for skin care and topical
products to treat skin diseases drives the demand for topical corticosteriods.
Moreover, increasing expenditure in healthcare domain and investment in the
research & development of new treatment methods for skin related diseases
will fuel to the growth of the market.
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Market Research Future (MRFR), enable
customers to unravel the complexity of various industries through Cooked
Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research
Reports (3R), Continuous-Feed Research (CFR), and Market Research &
Consulting Services.
Contact us:
Market Research Future (part of
Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York,
New York 10013,