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Market Research Future (MRFR) has launched a new study on the global bladder cancer market. The global bladder cancer market is expected to exhibit a robust 12.5% CAGR over the forecast period from 2017 to 2023. The report presents a detailed review of the historical growth trajectory of the global bladder cancer market in order to provide reliable projections about the probable growth trajectory of the global bladder cancer market over the forecast period.
Bladder cancer is cancer of the urinary bladder, which is a temporary reservoir for urine as it passes out of the body. The kidneys, where urine is produced, are connected to the urinary bladder, which further releases urine into the ureters and out through the urethra. Bladder cancer can be brought on by recurrent bladder infections, exposure to radiation on a consistent basis, and consumption of tobacco in either chewed or smoked form. The global bladder cancer market is likely to be driven by the growing prevalence of smoking around the world, as smoking tobacco is seen to be the strongest causative agent for bladder cancer.
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The growing research into cancer treatment is likely to be a major driver for the global bladder cancer market over the forecast period. Bladder cancer is the ninth most prevalent cancer in the world and is mostly found in adults over the age of fifty. Males are more likely to get bladder than women, although this ratio may differ in various countries.
Competitive Analysis:
Leading players in the global bladder cancer market include AstraZeneca PLC, Celgene Corporation, F. Hoffman-La Roche AG, Novartis International AG, Sanofi SA, Accord Healthcare, Bedford Lab, Merck & Co. Inc., Pfizer Inc., GlaxoSmithKline PLC, Eli Lilly and Company, and Bristol-Myers Squibb Company.
Segmentation:
The global bladder cancer market is segmented on the basis of type, treatment, diagnosis, end user, and region.
On the basis of type, the global bladder cancer market is segmented into transitional cell bladder cancer, invasive bladder cancer, superficial bladder cancer, squamous cell bladder cancer, adenocarcinoma, and others.
On the basis of treatment, the global bladder cancer market is classified into chemotherapy, immunotherapy, radiation therapy, surgery, and others. Chemotherapy is classified into Valstar (valrubicin), Javlor (vinflunine ditartrate), Mitomycin C, Gemcitabine and cisplatin chemotherapy (GemCis), and others.
On the basis of diagnosis, the global bladder cancer market is classified into urine lab tests, cystoscopy, biopsy, imaging tests, and others. The urine lab tests segment is further classified into urinalysis, urine cytology, urine culture, and urine tumor marker test. The imaging test segment is further divided into intravenous pyelogram (IVP), computed tomography (CT), magnetic resonance imaging (MRI), and bladder ultrasound.
On the basis of end user, the global bladder cancer market is classified into hospitals, clinics, cancer care centers, and others.
Regional Analysis:
The global bladder cancer market is segmented into the Americas, Europe, Asia Pacific, and the Middle East and Africa on the basis of geography.
The Americas is the leading geographical segment of the global bladder cancer market and is likely to hold on to the top position over the forecast period due to the increasing prevalence of bladder cancer and the rapid development of innovative, advanced cancer therapies. The developed healthcare sector in this region has led to the development of targeted therapies and other innovations, which is likely to be a major driver for the bladder cancer market in North America over the forecast period. Considerable research efforts have also been directed at enabling early diagnosis of bladder cancer, so that the treatment can have more efficacy.
Europe is also a major regional player in the global bladder cancer market and is likely to remain a leading contributor to the global bladder cancer market over the forecast period due to the presence of a highly advanced healthcare sector, especially in Western Europe. Asia Pacific is likely to exhibit strong growth in the bladder cancer market over the forecast period.
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The mHealth market is growing at an explosive pace due to the factors such as increasing awareness of mobile technology applications, surging focus on patient-centric healthcare deliver, technological innovations, concerns over the rising cost of healthcare delivery, growing integration of wireless technologies, convenience of medical devices, falling prices and growing affordability of mobile devices and others.
The factors constraining the market are low mobile and network coverage in developing and poorer regions of the world, lower accuracy, poor penetration of smart devices, nascent technology in underdeveloped economies, limited reimbursement, lack of technological awareness among the ageing population, concerns over information security and privacy and others.
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A careful analysis of the factors reveals the following;
Poor network coverage and quality represent the most critical factor restraining the market
Technological development in the mobile device and information management systems represent the critical opportunity factor for the market
Growing mobile device affordability and awareness are the critical driving factors behind the market growth. According to Pew research, 78% of adults under 30 own a laptop or desktop computer, compared with 88% in 2010. Smartphone ownership, is very high at 86% of in 2015 in the age group of 18- to 29-year-olds.
The global mHealth market is projected to reach USD 21.71 billion by 2022, growing at a CAGR of 35.65% during the forecast period.
mHealth Market is segmented by devices, services, technology and applications. The device segment is sub segmented into blood glucose meters, BP monitors, pulse oximetry, neurological monitoring, wearable fitness sensor device, heart rate meters and others. The services segment is sub segmented into diagnosis, monitoring, prevention, treatment, and others. The application segment is sub segmented into cardiovascular, respiratory, neurological, genetic diseases and others.
The largest players in the mHealth market are Apple, AT&T, AirStrip, Boston Scientific, CardioNet, Athena health, Sanofi, Fitbit, Telcare, Zephyr Technology and others
Regional outlook
While mHealth grew out of industrialized nations, the field has shifted in favour of the developing countries, stemming from the rapid rise of mobile phone penetration in low-income nations. For example, in a study conducted by Pew research in contrast to a median of 45% across emerging and developing countries reported using the internet occasionally in 2013, the number in 2015, rose to a whopping 54%. The largest growth has been reported from large emerging economies such as Malaysia, Brazil and China. The comparative figures in 2015 was 87% for advanced economies such as U.S. and Canada, major Western European nations, Australia, Japan etc.
Another example can be seen in the falling divide for smartphone ownership between developing and developed economies. Smartphone ownership rates in emerging and developing nations climbed from a median of 21% in 2013 to an eye watering 37% in 2015. There also is an effect of the demographic dividend that is paying well for the market as in nearly every country, millennials are much more likely to be internet and smartphone users compared with those ages 35 and older. Other findings reveal that smartphone ownership rates have skyrocketed in many countries since 2013. This includes increases of over 25 percentage points among the economies of Turkey, Malaysia, Chile and Brazil.
In a number of emerging and developing countries, more people have access to the internet and are also using it more frequently. In 12 emerging nations surveyed in 2014 and 2015, there were significant increases in the share of adult internet users who say they access the internet several times a day, including in Nigeria (+20 points), Ghana (+19) and China (+13). Thus developing region nations are likely to be the leaders in mHealth market in the near future.
However Africa remains a dark continent for the mhealth market due to its poor socio economic conditions. The countries with the least smartphone ownership rates are Tanzania (11%), Uganda (4%) and Ethiopia (4%).
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Global Rheumatoid Arthritis Market - Overview
Rheumatoid arthritis is a chronic inflammatory condition that possible can distress more than just the joints. It is found that in some individuals, the disorder also can damage a various parts of body system, including the lungs, skin, eyes, heart and blood vessels. The global Rheumatoid Arthritis Market is expected to grow at a healthy CAGR of ~4% during the forecast period 2017-2022.
The major factors influencing the growth of the market include high number of individuals suffering from the autoimmune disease, it has been observed that this disease is found three times more in women than as men. The reason behind gender gap is still unknown, but researchers say it’s something to do with the hormones. According to Health Union, LLC is one of the common chronic disease that affects approximately 1.3 million Americans and as much as 1% of the global population. Big pharmaceutical companies taking steps for the development of products related to rheumatoid arthritis is further influencing the growth of the market. Moreover there is a huge opportunity in developing nations that is grabbed by various market players for expanding their presence in the region. The market is forecast to demonstrate a steady growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period 2017–2022.
Global Rheumatoid Arthritis Market - Competitive Analysis
Pfizer Inc. (U.S), Eli Lilly and company (U.S), Bristol-Myers Squibb Company (U.S), F. Hoffmann-La Roche Ltd (Switzerland), Novartis AG (Switzerland), Vertex Pharmaceuticals Incorporated (U.S), Sanofi (France), AstraZeneca (U.K) are some of the prominent players at the forefront of competition in the Global Rheumatoid Arthritis Market and are profiled in MRFR Analysis.
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Characterized by the presence of several well-established and small players, the global market of rheumatoid arthritis appears to be highly competitive and fragmented. With well-established market in the North America region major companies like Pfizer Inc., Eli Lilly and Company, Bristol-Myers Squibb Company, Vertex Pharmaceuticals Incorporated, and various others have their home in the region and generate maximum market share. These companies have expanded their operating unit in various other emerging regions as well. Moreover the other small and medium scale players are generating revenue from local market.
The market for rheumatoid arthritis is highly competitive with companies focusing on the development of oral drug and treatment. U.S based pharmaceutical company Pfizer is one of the leaders in the market. The company in February 2016, announced the approval of its product XELJANZ XR (tofacitinib citrate) by the U.S. Food and Drug Administration (FDA). The 11mg drug product has been approved for daily once treatment of medium to severe rheumatoid arthritis. XELJANZ has been approved in more than 45 countries across the globe for the treatment of moderate to severe RA. The company has been involved in this market for more than 60 years and being the leader in the market continues for the development of the market.
Global Rheumatoid Arthritis Market - Regional Analysis
The global market is segmented into the various regions including Americas, Europe, Asia Pacific, and the Middle East & Africa. The Americas accounts for the largest market share of about more than ~38 market share due to increasing patient pool visiting professionals due to rheumatoid arthritis and favourable governmental conditions for research and development. According to the study conducted by the Centers for Disease Control and Prevention in March 2017 it was estimated that about 54.4 million U.S. adults suffer from arthritis that is approximately about 25% of its population. Arthritis is the key cause of disability, and causing pain, aching, stiffness, and swelling of the joints. The most common type of arthritis is rheumatoid arthritis & osteoarthritis. According to the same study it is expected that by 2040, 78 million i.e. 26% of the U.S. adults of age 18 years or older are anticipated to have doctor-diagnosed arthritis.
Europe is the second largest market of rheumatoid. U.K. the fastest growing market rheumatoid arthritis in the Europe. According to the National Rheumatoid Arthritis Society (NRAS) it is estimated that approximately 690,000 people suffer from rheumatoid arthritis across the UK. Furthermore government taking initiates for the awareness of rheumatoid arthritis is influencing the growth of the market.
Asia Pacific expected to be the fastest growing region. The Asia Pacific region accounting for more 60% of the world's population has provided a great opportunity for researchers to study the epidemiology, pathogenesis and influencing various manufacturers for the expansion of their unit in this region. There has been huge development for the treatment of rheumatoid arthritis since the formation of the Asia Pacific League of Associations for Rheumatology (APLAR) in 1963. Due to various developments in the region there is potential growth in the region.
The Middle East & Africa holds the least share in the rheumatoid arthritis market due to lack of awareness, less emphasis on research and development activities, and poor medical facilities.
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Market Scenario
The global Knee Replacement Market is presumed to experience 6.1% CAGR during the forecast period (2017-2023) owing to the increasing geriatric population, asserts Market Research Future (MRFR). Knee replacement is also referred to joint replacement surgery which is meant for patients suffering from knee damage. Diseases such as post-traumatic arthritis, osteoarthritis, and rheumatoid arthritis generally cause knee damage. Knee arthroplasty or knee replacement is performed to replace damaged knee with artificial knee implants.
Drivers and Constraints Impacting the Market
Knee replacement is highly driven by the geriatric population due to old age ailments such as osteoporosis, arthritis, and diabetes. Advent of advanced technologies such as minimally invasive surgery, presence of better implant materials, and extensive research and development activities in the industry are considered to propel the market during the assessment period. According to the American Joint Replacement Registry, 87 % of the diagnosed osteoarthritis cases undergo knee replacement. With growing prevalence of osteoarthritis, the number of knee replacement has risen. Also, the adaptation of sedentary lifestyle has led to obese population which is considered to foster the Knee replacement market growth in the future.
On the flip side, non-surgical treatment methods like shoe aids and exercises coupled with high cost of knee replacement surgeries are likely to retard the market growth in the coming years.
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Global Knee Replacement Market: Segmental Analysis
The global knee replacement market has been segmented on the basis of material, product type, end-user, and region.
By mode of product type, the global knee replacement market has been segmented into total knee reconstructive implants, partial knee reconstructive implants, and revision knee reconstructive implants. Among these, the total knee reconstructive implants are further sub-segmented into fixed bearing implants, mobile bearing implants, medial pivot implants, and others.
By mode of material, the global knee replacement market has been segmented into ceramic material, metal alloy, strong plastic parts, and others.
By mode of end-users, the global knee replacement market has been segmented into specialty centers, hospitals and clinics, and rehabilitation centers.
Competitive Dashboard
The major players operating the global market are DePuy Synthes, Allegra Orthopaedics Limited, Exactech Inc., Smith and Nephew, Zimmer Inc., Stryker, and Kinamed Inc.
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Regional Insights
Geographically, the knee replacement market spans across regions namely, North America, Europe, Asia Pacific, and the Middle East and Africa.
Among all the regions, the North American market is considered to be a growing market owing to the growing geriatric population affected by knee disorders. Also, growing awareness regarding joint treatments are further considered to drive the market during the assessment period. For instance, according to the American Joint Replacement Registry, more than 161,040 joint replacement procedures were performed in 2015.
Europe is presumed to be the second largest market after North America and is estimated to hold a noticeable share. The growth is attributed to the availability of advanced and innovative treatment facilities coupled with growing skilled medical professionals in this region. Also, with the growing geriatric population giving rise to patient population, the market is considered to expand at a rapid pace.
Asia Pacific is presumed to be the fastest growing market owing to the increasing prevalence of joint disorders such as osteoarthritis and arthritis. Increasing awareness about health along with availability of advanced treatment methods are likely to foster the market in this region.
Industry News
Almost 10,000 Americans having knee replacements will be able to funnel basic health data directly from their Apple watches to their surgeons under the supervision of a new app being tested by orthopedics company Zimmer Biomet. The multi-year study in collaboration with Apple Inc will allow doctors to gauge how well patients are following prescribed physiotherapy ahead of surgery.
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Market Highlights
Sports are now a days considered as a mean to maintain the health. Sports
medicines are used for the treatment of different sports injuries. North
America sports
medicines and therapies market is driven by increasing prevalence of sports
injures, introduction of sports education in schools, adoption of sports by
elderly people and increasing governmental support for research and development
of the sports medicines. Increasing health care expenditure per person is also
contributed for the growth of market. On other had lack of skilled
professionals handling pediatrics sports injuries and high cost of treatment
may hinder the growth of the market. North America sports medicine &
therapies market is expected to grow at a CAGR of 8.6 % during forecasted
period.
Geographically, North America sports medicine &
therapies market is dominated by US. US share 65% of the total North America
sports medicines and therapies market. Increasing pediatrics sports
injuries in US is the major reason for the development of the market. According
to the research one in every four school injuries are serious includes
dislocation, fracture and brain damage. 62 % of sports related injuries occur
during practices due to lack of safety measures.
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Segmentation:
North America sports medicine & therapies market is segmented on the
basis of product into helping fractures heal, surgical devices,
arthroscopy devices, orthopaedic braces. Helping fractures heal are further sub
segmented into bone graft substitutes, bone morphogenetics proteins,
viscosupplementation, PRP, bone marrow concentrate and other. Surgical devices
are sub segmented into plates, screws and other. Orthopaedic braces are sub
segmented into knee braces, foot braces and supports and other.
On the basis of area of application the market is segmented
into spine, foot and knee, hip, shoulder and elbow and other. On the basis of
procedures the market is segmented into tendinosis, tendon to bone and
cartilage repair. And on the basis of end user they are segmented into hospitals
& emergency care, trauma centers, ambulatory care and other.
Figure 1- North America sports medicine &
therapies market, by area of application
The major key player for the North America sports
medicines and therapies market are Smith & Nephew plc (UK), DePuy
Synthes (US), Medtronics (UK), Zimmer (US), Arthrex, Inc. (US), Stryker
Corporation (US), Breg, Inc. (US), CONMED Corporation (US), Tornier N.V. (US),
DonJoy, Inc. (US), Mueller Sports, Inc.(US), Ottobock Healthcare GmbH
(Germany), DJO Global (US), Cramer, Inc.(US).
Some of the key strategies adopted by these players are agreements and
collaborations, mergers and acquisitions, and new product launches. Many
companies are trying to launch new product to increase their market.
Smith & Nephew one of the global leaders in manufacturing healthcare
products that help medical professional to provide quality and efficient
healthcare headquartered in UK. This company share a major part of North
America sports medicine and therapies market. In 2017, Smith & Nephew plc
signed a distribution agreement and strategic investment with Leaf Healthcare,
Inc. and in 2016 company has acquired BST-CarGel, a first-line cartilage repair
product from Piramal Healthcare (Canada) Limited.
Medtronic is a global healthcare solutions company committed to improving the
lives of people headquartered in UK. Stratis, TriTis and ArthroPort Cannula
System are some of the major products of the company.
Stryker Corporation is a US headquartered medical
device company. Company is involved in manifracturing of different medical
devices which are used in the treatment of different injuries. Pivot
cinchlock, Iconix and Biosteon are some of the major products of the company.
In 2016, company has launched BIO Delivery System and in 2017 they has
announced their collaboration with AlloSource for the distribution of
medication use in treatment of sport injuries.
Arthrex, Inc a leading sports medicine and medical device
company headquartered in US. Arthroscopic Knotless TFCC Repair, Elbow Arthroscopy
Set Suture, FiberStick and ACL Preservation are the major products of the
company. This company share approximately 25% of total market share.
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The diversification of healthcare facilities has been motivated by the expansion in the market size and growing demand for medical services. Market reports connected with healthcare industry have been offered by Market Research Future which creates reports on other industry verticals that intends to analyze the current market scenarios better. The market is set to achieve revenues valued at USD 270 billion while achieving a CAGR of 12.9% in the duration of the forecast period.
The growth of the e-health services market is benefitted by the presence of a robust information and telecommunication sector, which has led to a significant development in the market. The current technological developments in the market are fuelled by the widespread use of software in healthcare and the need to reduce cost and improve efficiencies. Moreover, the market for e-health services is expected to be encouraged by the rising implementation of e-health software in medical facilities globally.
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Segmental Analysis
The segmentation of the e-health services market is carried out on the basis of type, region, and service. Based on type, the e-health service market comprises of segments such as ePrescribing, Electronic Health Records (EHR), big data systems, Telemedicine, Clinical Decision Support System (CDSS), Knowledge Management System (KMS) and Consumer health IT. Based on service, the market for e-health services is segmented into clinical services, financial services, and administrative services. The end user segment of the e-health service market comprises of clinics, hospitals, health insurance companies, and others. The regions encompassed in the e-health services market are Europe, Asia Pacific, Americas, and the Middle East and Africa.
Detailed Regional Analysis
The regional analysis of the e-health services market comprises of regions such as Europe, the Americas, Asia Pacific, Middle East, and Africa. The North American region is the principal market for the e-health services market which is driven by countries such as the US. The presence of top companies and the extensive implementation of software for data management in the market is boosting the progress of the market. The European region is observed as the next chief region in the e-health services market. The Asia Pacific region is showing the most rapid growth in this e-health services market. While the e-health services market in the Middle East and Africa is estimated to display steady growth in the duration of the forecast period.
Competitive Analysis
The present execution of strategies is assumed to motivate the market in the approaching years. The development of a strong value chain is moreover motivating the expansion of the market. The vertical additions and product tactics of the market are boosting the potential of the market firms. Significant cutbacks in administrative budgets are bringing further development of the market. The augmented conformity of market players to new clients and market trend tendencies are improving the growth curve of the market and will continue in the forecast period. The calculated goals envisioned for the market are buoyed due to beneficial product differentiation supported by market competitors. The development of the market is moving in a promising direction due to original product launches or intensifying gross revenue of the players in the market.
The competitors functioning in the market for e-health services are Allscripts Healthcare Solutions Inc. (U.S), GE Healthcare (U.S), Boston Scientific Corp (U.S), McKinsey & Co. (U.S), Apple (U.S), Motion Computing Inc. (U.S), Epocrates Inc. (U.S), Telecare Corp. (U.S), IBM Corporation (U.S), Proteus Digital Health (U.S) GE Healthcare (U.S) and Cerner (U.S).
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Stem cell reconstructive surgery involves the use of stem cells for the regeneration of injured or damaged cells in the body. Continued support by government research organizations and funding by them will explore its potential in the treatment of various diseases. The global stem cell reconstructive market report compiled by Market Research Future (MRFR) analyzes historical events, current and future trends, and predicts drivers and challenges for the period of 2017 to 2023 (forecast period).
Market Scope
The global Stem Cell Reconstructive Market is predicted to expand at 22.6% CAGR during the forecast period. Primary growth drivers include the large geriatric population, increasing incidence of patients suffering from chronic diseases, and constant developments in stem cell technology. Large healthcare expenditure of nations and need for alternative treatments can spur the market growth. Product developments have constantly disrupted the market. For instance, NuVasive launched the next generation bone graft, Attrax Putty, for U.S. customers. It has shown remarkable progress in spinal surgeries according to clinical trials by the company.
Large strides made in tissue engineering and establishment of stem cell banks can further the potential of the market. This can be used in testing of new products and conduction of clinical trials. Development of polymetric biomaterial systems as well automation of stem cell technologies will guide the market throughout the forecast period.
High costs of the treatment and strict rules against its application may hamper the global stem cell reconstructive market growth.
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Stem Cell Reconstructive Market - Segments
MRFR has segmented its analysis into five key dynamics for the convenience of understanding;
By Sources: Allogeneic, Autologous (bone marrow, adipose tissue, and blood.), and Syngeneic among other.
By Cell Types: Embryonic Stem Cell and Adult Stem Cell among others.
By Applications: Cancer, Diabetes, Traumatic Skin Defect, and Severe Burn among others.
By End-Users: Hospital and Research Institutes among others.
By Regions: Europe, North America, APAC and the Rest-of-the-World (RoW).
Key Players:
The global stem cell reconstructive market is led by some of the fervent players including Cytori Therapeutics Inc. (U.S), Baxter (US), Eleveflow (France), NuVasive Inc. (US), Mesoblast Ltd. (Australia), Osiris Therapeutics, Inc. (US), TAKARA BIO INC.(Japan), Micronit Microfluidics (Netherlands), Tigenix (Belgium), Celyad (Belgium), Cynata (Australia), Capricor Therapeutics (Canada), Pfizer Inc. (US), Astellas Pharma US, Inc. (US), StemCells Inc (US), Caladrius (US), and STEMCELL Technologies Inc. (US).
Regional Analysis
The global stem cell reconstructive market report covers the trends and happenings to affect the market across the regions of Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas accounted for the largest market share due to a well developed healthcare sector and a large patient pool. The major share of the region is held by North America owing to large number of patients in Canada and the U.S. High prevalence of cancer and diabetes can facilitate regional market growth.
Europe has assumed the second position in the global stem cell reconstructive market followed by APAC. Investments in stem cell research and identification of new cell cultures will boost the regional stem cell reconstructive market. Regulation of stem cell research in countries as well as funding for stem cell embryonic cells can drive the market.
APAC is a developing region for the market with the major demand for stem cell reconstructive surgeries coming from Japan and Australia. Emergence of stem cell suppliers in China, Australia, and India is evidence of the large potential of the global stem cell reconstructive market. Public-private partnership agreements as well as expanding product pipelines in cell-based research can facilitate market growth.
Global Stem Cell Reconstructive Market - Competitive Analysis
The fiercely competitive stem cell reconstructive market appears fragmented due to the presence of many well-established as well as small & new entrants. Innovation/ new technology launch remain the popular trends among the key market players. The growth statistics of the market presage the probable heights the market can reach further.
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Diabetic people are often incapacitated by extremely high or low levels of sugar, where they must be administered with immediate medication, generally injections. Injecting drugs intramuscularly can be a real challenge for family members or non-medical persons, which has created an intensifying need for needle-free diabetic care. Diabetes has reached an epidemic stage and a substantial portion of the global population is suffering from the diseases. Treatment of diabetes requires continuous monitoring and administration of medication through needle is not a desirable process. Thus, needle-free diabetes care is gaining massive popularity. It involves administration of medication through modern means which does not involve needle prick. Market Research Future (MRFR) has recently launched a report on the global Needle-Free Diabetes Care Market and has predicted the market to expand at a CAGR of 7.5% over the forecast period of 2017-2023.
The market derives much of its growth from the consolidating trend of minimally-invasive medical procedures. Driven by the trend, various market players are endeavoring to come up with more convenient drug delivery devices. In addition, the market is driven by rising healthcare expenditure and rise in awareness regarding needle-free techniques. On the other hand, the market growth might be hindered by high cost associated with needle-free diabetes care and lack of awareness.
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Segmentation
The Needle-Free Diabetes Care Market has been segmented based on devices type, treatment, application, and end user.
By device type, the Needle-Free Diabetes Care Market has been segmented into treatment devices and diagnostic devices. The treatment devices segment has been further segmented into insulin jet injector, insulin pen, insulin inhaler, and insulin patch & pump. The diagnostic devices segment has been further segmented into continuous glucose monitoring and instant glucose monitoring.
By treatment, the Needle-Free Diabetes Care Market has been segmented into oral insulin, inhaled insulin, insulin patch, and others.
By application, the Needle-Free Diabetes Care Market has been segmented into insulin delivery and others.
By end user, the Needle-Free Diabetes Care Market has been segmented into diagnostic centers, hospitals & clinics and other.
Regional Analysis
Region-wise, the Needle-Free Diabetes Care Market has been segmented into the Americas, the Middle East & Africa (MEA), Europe, and Asia Pacific (APAC).
The Americas account for the largest share of the market. The region houses a massive pool of diabetic patients as well as obese population, who are at threat of acquiring diabetes. Needle-free diabetes care has gained prominence in the Americas as the region is a fast adopter of latest technologies. High healthcare expenditure and availability of favorable reimbursement schemes are factors supporting the growth of the market. As per the American Diabetic Association, in 2016, 29 Mn Americas suffered from diabetes. The presence of various major market players in the region also create a conducive environment for the market growth.
Europe has secured the second spot in the global Needle-Free Diabetes Care Market. The growth of the market can be attributed to the increasing pool of diabetic patients and rising healthcare expenditure.
APAC represents the fastest-growing Needle-Free Diabetes Care Market. Rise in the level of awareness regarding the availability of needle-free diabetic care and the presence of a huge diabetic population is supporting the growth of the market. Moreover, the major market players are increasingly foraying into the APAC region to tap the opportunities offered by the developing countries.
Competitive Landscape
Zogenix, Inc. (US), PharmaJet (US), Endo International plc (US), European Pharma Group (Netherland),
Medical International Technology, Inc. (US), Bioject Medical Technologies Inc. (US), Valeritas, Inc. (US),
Antares Pharma, Inc. (US), National Medical Products Inc. (US), 3M Company (US), INJEX Pharma AG (Germany), and PenJet Corporation (US) are the key players in the global Needle-Free Diabetes Care Market.
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Swabs refer to medicated absorbent pads or materials
which impart medicinal properties. They are used
during surgeries and other medical procedures, for pre-injection or as wound
cleaners. Swabs generally contain antiseptics such as chlorhexidine, cetrimide
or iodine or disinfectants such as alcohol.As per the analysis of Market Research Future
(MRFR), the globalswab market is expected to showcase
moderate growth over the forecast period of 2017-2023.
The rise in the volume
of surgical procedures on a global scale is a prime driver of the globalswab market. The rising
burden of infectious diseases which necessitate treatment induce high demand
for swabs and consequently boost the growth of the global swab market.
Swabs are considered as an indispensable tool in
diagnostic procedures where they are used
for collection of samples. The surge in
the number of forensic and genetic sampling examinations has induced high
demand within the global swab market. Additionally,
there has been a sharp increase in the number of road accidents in
recent years. The occurrence of major wounds and injuries has escalated the
need for swabs which boosts the growth of the global swab market. Furthermore,
with the rise in disposable income on a global
scale, consumers are more inclined towards personal care. Other factors contributing to the growth of the
global swab market include a surge in the number of patient care centers,
increasing affordability among consumers, and high healthcare expenditure
purveyed by elevating levels of income.
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Advances in diagnostic design and manufacturing
process of swabs have resulted in better swabs with high performance and
greater absorption surface area which boosts the growth of the market. On
the other hand, the growth of the market might be
hindered by factors such as lack of awareness, low healthcare
expenditure in underdeveloped economies
and unavailability in certain areas.
Segmentation
The global swab
market has been segmented based on test
type, product, application, and shaft.
By test type, the
global swab market has been segmented
into DNA, urine, saliva test, and others.
By product, the
global swab market has been segmented
into alcohol swab, cotton swab, dry swab, gauze swab, and others.
By application,
the global swab market has been segmented
into pharmaceutical, microbiological, laboratory, and others.
By shaft, the
global swab market has been segmented
into aluminum, polypropylene shaft, and others.
Regional Analysis
By region, the
global swab market has been segmented
into the Americas, Asia Pacific (APAC), Europe, and the Middle East &
Africa (MEA).
The Americas is
domineering the global swab market on account of high healthcare expenditure
and large scale utilization of medications in the region. The region has the propensity
to adopt new technologies swiftly which coupled with the existence of key
research institutions in the developed economies of the region add fuel to the growth of the market.
Europe is the
second largest market for swab due to deep healthcare penetration and
substantial expenditure incurred on healthcare.
APAC market is spurred by the rapidly expanding healthcare
sector in the region. Increasing awareness and high amounts spent on healthcare
facilities in developing countries such
as China and India are likely to augment the growth of the market.
The MEA market is driven by the Gulf nations, Saudi Arabia and
UAE in particular. The Africa market is anticipated to showcase moderate growth
over the forecast period due to poor
healthcare development and weak economic conditions in the region.
Competitive Landscape
The key players
in the global swab market include ELMEX, Puritan Medical Products., Clean Cross
Co., LTD., Lab M Limited., Q-TIPS, GPC
medical ltd., Sarstedt, Citotest Labware Manufacturing Co., Ltd., MWE, and
SARSTEDT AG & Co.
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Market Analysis
The global medical suction device market is expanding at a considerable rate and is predicted to grow at a steady 4.5% CAGR over the forecast period (2017-2023). A medical suction device is an appliance that is utilized for removing substances namely mucus, saliva, blood and vomit from the airway of a person. It can also help in preventing pulmonary aspiration along with facilitating breathing. A suction device is also used in some surgical procedures especially delivery of baby and respiratory surgery. The suction devices have evolved over the years into lightweight, durable and technologically sophisticated devices. Some are so portable that it snugly fits in the airway bag thereby making it perfect for various tactical medical scenarios. It is largely used in hospitals for various medical reasons. This device is utilized in a respiratory condition at a time when the secretion of the serum and mucous needs to get removed from a body. If a patient is not capable of expelling mucous or serum out from the body, a medical suction device will help one in removing the same manually.
There are many factors that is driving the growth of the medical suction device market. Some of these factors as per the Market Research Future (MRFR) report include increasing need for technological advancements, increasing pollution, rising geriatric population, increasing prevalence of CRD (chronic respiratory devices), increase in the use of suction device in different procedures, fall in price in the manufacture of such devices, preference for portable and compact medical treatment devices, shift from traditional treatment to latest and homecare treatment method, keen interest taken by the government to develop standardized medical facilities especially in developing countries and implementation of different healthcare schemes. On the contrary, the devices’ limited reimbursement coverage approved for the home care use is likely to impede the growth of the medical suction device market.
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Market Segmentation
Market Research Future report offers an all-inclusive segmental analysis of the medical suction device market on the basis of types, applications, suction parts and end-users.
Based on type, it is segmented into manual, dual, battery-powered, electric powered and others. Of these, dual-powered is projected to have the highest growth rate over the forecast period.
Based on applications, the medical suction device market is segmented into research, surgical and others. The surgical segment is further segmented into childbirth, respiratory diseases and others. Of these, surgical will lead the market.
Based on suction parts, it is segmented into suction catheter, moisture/debris trap, vacuum gauge, bacterial filter, vacuum pump and others.
Based on end-users, the medical suction device market is segmented into clinics, hospitals, homecare and others. Of these, hospitals and clinics is predicted to dominate the market over the forecast years.
Regional Analysis
Based on region, the medical suction device market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Middle East and Africa. Of these, North America will lead the medical suction device market over the forecast period due to the existence of a large number of patients having respiratory ailments, rising healthcare expenditure and increasing geriatric population. Europe grabs the second largest share in the medical suction device market followed by APAC owing to changing reimbursement policies and government support in Europe. The medical suction device market in the APAC region is the fastest growing due to the existence of massive patient population, rising prevalence of respiratory diseases, presence of swiftly developing economies and high birth rate. On the other hand, the medical suction device market in the Middle East and Africa is anticipated to experience a limited yet steady growth.
Competitive Analysis
The medical suction device market is competitive and highly fragmented owing to the existence of a couple of local players. No wonder, the players are laying emphasis on innovation and cost reduction for ensuring sustainability. The top players are implementing growth strategies through partnerships and collaborations for expanding their share in the medical suction device market in its entirety.
Key Players
Leading players profiled in the medical suction device market include Laerdal Medical (Norway), Welch Vacuum (US), Amsino International, Inc. (US), Labconco (US), ZOLL Medical Corporation (US), SSCOR, Inc. (US), Medico, Inc. (US), Olympus Corporation (Japan), Siemens Healthcare Private Limited (Germany), Precision Medical, Inc. (US), INTEGRA Biosciences AG (Switzerland), Drive Medical (US), Allied Healthcare (UK), ATMOS MedizinTechnik GmbH & Co. KG (Germany) and others.
Aug 2018- Gynaecologist and obstetrician in Anantapur District, Dr Samartha Ram has come up with a simple device- SR PPH Suction Cannula with an aim for treating the bleeding problem that women experience during the delivery of babies. The uterus will shrink as this device applies negative pressure in the uterine cavity. The bleeding will stop in just 3 minutes post application of the negative pressure.
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