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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).
Industry Updates:
Oct 2018 The
European Investment Bank (EIB) has announced that will be backing the
application of Ireland’s eHealth programme with a €225m loan to aid in driving
advances in the delivery of healthcare services in the next ten years. After
giving more than €14bn for health investment in the European region in the
past decade, this is the first eHealth project that the EIB is backing.
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North America to Dominate Global Organic and Natural Tampons Market
The global organic and natural tampons market is expected to exhibit a solid 8.67% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The organic and natural tampons was valued at USD 590.6 million in 2017 and is likely to exhibit steady, stable growth over the forecast period.
Organic and natural tampons are becoming widely popular due to the growing demand for natural products in the feminine hygiene sector and the growing product diversification in the field of feminine hygiene products. Due to the growing demand from the demographic of working women, feminine hygiene product manufacturers are looking to provide a widespread choice to their female consumers in terms of product configuration. This has become a major driver for the organic and natural tampons market due to the growing demand for organic and natural products in the healthcare sector. The rising demand for organic and natural products is mainly driven by the increasing perception that organic and natural products are better for the consumer than conventional artificial products. This is likely to be a major driver for the global organic and natural tampons market over the forecast period.
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The growing demographic of working women around the world is likely to be a major driver for the global organic and natural tampons market over the forecast period. In recent years, due to female empowerment, the number of working women has grown rapidly. This has driven the demand for sophisticated feminine hygiene products such as sanitary napkins and tampons. Tampons have become widely popular as a feminine hygiene product due to their convenience, which makes them highly popular among working women, who need sleek, easy to use solutions for use during periods. This is likely to be a major driver for the global organic and natural tampons market over the forecast period.
Competitive Leaderboard:
Leading players in the global organic and natural tampons market include NutraMarks, TOM Organic, Maxim Hygiene, The Honest Company, Seventh Generation, BON, ALYK, Bodywise, and Procter & Gamble. Leading players in the global organic and natural tampons market are likely to focus on product capacity expansion and product diversification over the coming years, as the demand for various types of tampons is likely to grow over the forecast period.
Segmentation:
The global organic and natural tampons market has been segmented into type, size, odor type, and region.
Based on type, the organic and natural tampons market is segmented into cardboard applicator, plastic applicator, digital tampon, and others.
Based on size, the organic and natural tampons market is segmented into junior tampons, regular tampons, super tampons, and super-plus tampons. The regular tampons segment is expected to account for the largest share segment of the market in 2023, as it was the largest segment in 2017 and is likely to experience steady growth over the forecast period. The majority of women prefer regular tampons, leading to a growing demand for the segment.
Based on odor type, the organic and natural tampons market is segmented into fragrance based and non-fragrance based. The non-fragrance-based segment is expected to account for the largest share segment of the market in 2017. Fragrance-based tampons are a relatively novel part of the organic and natural tampons market and are likely to be a major segment in the long-term future. However, in the short to medium term, conventional non-fragrance-based tampons are likely to dominate the global organic and natural tampons market.
Regional Analysis:
The Americas is expected to dominate the global organic and natural tampons market over the forecast period, while Asia Pacific is expected to be the fastest growing regional market over the forecast period. The growing number of working women in North America is the major driver for the organic and natural tampons market in the region. The high market volume in Asia Pacific is likely to make it an important regional market for organic and natural tampons over the forecast period.
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According to MRFR analysis, the global virtual clinical trials market is expected to register a CAGR of ~5.89% during the forecast period of 2021 to 2027 and is expected to reach ~USD 11,239.0 million by 2027.
Virtual clinical trials are method of conducting clinical research using apps, electronically monitoring devices and online social engagement platforms. In 2020, 76% of more than 200 clinical trial sponsors said they conducted most or all of their patient monitoring remotely, up from only 18% of respondents the previous year, according to the 2021 State of the Industry Report from Florence Healthcare (US), a provider of digital research workflows and remote site access. This exponential increase in number of clinical trials monitored digitally is expected to increase the growth of global virtual clinical trials market during the forecast period.
The global virtual clinical trials market is currently dominated by several market players. The key players are involved in geographic expansion, acquisition, and strategic collaborations to maintain their global footprint in the global virtual clinical trials market. For instance, in June 2020, Tabula Rasa HealthCare (US), a New Jersey-based company collaborated with Washington-based health plan provider Regence (US) to virtually trial several different COVID-19 drug candidates and assess the risk of adverse drug events. Regence will provide de-identified medical information from about 500,000 of its members to Tabula Rasa HealthCare. Thus, an increasing number of healthcare companies collaborating with technology companies to leverage data-driven clinical studies for development of effective medication by monitoring trials remotely is increasing global virtual clinical trials market size. The demand created by pandemic for adoption of monitoring trials remotely is expected to increase the lucrativeness of virtual clinical trials market during the forecast period.
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Segmentation
The global virtual clinical trials market has been segmented based on study type, phase, and indication.
The market, based on study type, has been divided into interventional, observational and others. The interventional segment is likely to hold maximum market share in the global virtual clinical trials market owing to its larger utility and recruitment of patients for testing novel drugs.
The virtual clinical trials market based on phase has been segmented into Phase 1, Phase 2, Phase 3 and Phase 4. The Phase 1 segment is likely to hold significant share in the market as every clinical trial study proceeds through Phase 1.
The virtual clinical trials market based on indication has been segmented into oncology, cardiovascular, immunology, gastrointestinal, respiratory, endocrinology, ophthalmology and others. The oncology segment is likely to hold the largest share in the market due to larger number of clinical trials focused on finding treatment options for cancer.
Regional Analysis
The market has been divided, by region, into the North America, Europe, Asia-Pacific, and Rest of the World.
North America is anticipated to hold the largest market share owing to availability of major players operating in the region. Medable, Inc. (US), Oracle Corporation (US), IQVIA Holdings, Inc. (US), Syneos Health (US), PPD, Inc. (US) and Medpace Holdings, Inc. (US) are some of the notable companies operating in the region. Moreover, collaborative approach by companies operating in the region were observed due to rising demand and continuation of early phase clinical studying during the pandemic. For instance, during October 2020, FHI Clinical Inc. (US), a contract research organization adopted Oracle’s (US) Oracle Health Sciences Clinical One, a cloud platform for effective study management throughout the entire drug development lifecycle. FHI clinical also uses Oracle Argus Safety for safety case management; Oracle Clinical Trial Management System Cloud Service to manage the research portfolio; and Oracle ClearTrial Cloud Service to manage projects. Thus, increasing adoption of cloud-based platforms by contract research organizations operating in the region are anticipated to fuel the growth of virtual clinical trials market. The virtual clinical trials market in North America is divided into the US and Canada.
European virtual clinical trials market has been categorized into Germany, France, the UK, Italy, Spain, and the rest of Europe. Europe is anticipated to hold the significant market share owing to investment activities related to clinical trials in the region and support from government for R&D. For example, Parexel International Corporation (US) in November 2020 announced a strategic partnership between its Early Phase Clinical Unit (Germany) and Clinical Trial Center (CTC) North, a full-service CRO located at the University Medical Center Hamburg-Eppendorf (Germany). Parexel intends to roll-out and implement eSource system ClinBase at CTC North to drive efficiency. An increasing number of research institutes partnering with leading clinical trial services provider to accelerate development of products for different conditions such as cancer, COVID-19 and other disorders is expected to fuel growth of virtual clinical trials market during the forecast period. Moreover, ongoing research studies being converted to virtual mode are expected to increase the demand for IT services, thereby generating opportunities for IT companies to access virtual clinical trials market. Thus, long-term partnerships among research institutes and service providers to accelerate ongoing research studies is anticipated to increase the lucrativeness of virtual clinical trials market in the region during the forecast period.
The virtual clinical trials market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The growth of virtual clinical trials market in Asia-Pacific is anticipated to witness rapid growth during the forecast period owing to increasing number of memorandum signed by governmental agencies to promote research activities. For example, India and the UK announced a new memorandum of understanding in November 2020 between the Central Drugs Standard Control Organisation (India) and the UK Medicines and Healthcare Products Regulatory Agency. This memorandum is expected to increase bilateral regulations, sharing of information to control the trade of unlicensed products and 10-year roadmap for bilateral cooperation on the COVID-19 vaccine. Moreover, during April 2020 the Chinese government issued a plan of action in order to promote virtual clinical trials. Apart from support from governmental agencies to promote decentralized clinical trials, pharmaceutical companies operating in the Asia-Pacific are adopting to report clinical trials data virtually. For instance, on October 21, 2021 Shionogi & Co., Ltd (Japan) presented results of its investigational oral antiviral drug for COVID-19 at the International Society for Influenza and Other Respiratory Virus Diseases, World Health Organization Virtual Conference. Thus, increasing support for R&D through multilateral memorandum of understanding among government bodies and need to present data virtually is expected to propel the growth of virtual clinical trials market in the region.
The virtual clinical trials market in Rest of the World has been divided into the Middle East, Africa and Latin America. Africa contributed to less than 2% of the total number of clinical trials during 2020. The African Academy of Sciences (AAS) launched the Clinical Trials Community online platform during November 2020. The launch of such online platform promotes the progression of intra-African collaboration around clinical trials.
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Market Highlights
According to MRFR analysis, the global low-pressure liquid chromatography market is expected to register a CAGR of ~3.6% from 2020 to 2027.
The global Low-Pressure Liquid Chromatography Market is driven by the expansion of research facilities across the globe, increasing government funding in the healthcare sector, and the rising population diagnosed with hereditary disorders such as Parkinson's disease, sickle cell disease, and Alzheimer's disease. In addition, increasing demand for DNA-based, RNA-based, and protein-based medicines to treat hereditary problems has created opportunities for the market players. Additionally, the low-pressure liquid chromatography systems segregate proteins, nucleic acids, and other small & complex molecules involved in several biological procedures. Moreover, the low-pressure liquid chromatography is also utilized to separate two polar organic solutes, screen drugs in sports, and segregate a wide range of hypersensitive and nonsteroidal anti-inflammatory drugs. The rise in the adoption of such biological extraction methodologies is expected to augment the low-pressure liquid chromatography market.
The industry providers are involved in technological enhancement, product development, expansion of distribution network, investment public relations, and mergers & acquisitions to expand their global footprint. The industry players are planning to adopt business plans such as the development of advanced low-pressure liquid chromatography systems to provide accurate and efficient test and extraction results. Additionally, the global market players aim to invest in the developing countries owing to supportive government policies, economic labor costs, and the high availability of raw materials. These factors will strengthen the market development and will propel the market demand in the projected period.
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Key Players
Some of the key players in the global low-pressure liquid chromatography market are Novasep (France), LEWA GmbH (Germany), GALAK Chromatography Technology Co., Ltd (China), Biolinx Labsystems (India), and Bio-Rad Laboratories, Inc. (US).
Regional Analysis
North America is projected to dominate the low-pressure liquid chromatography market in the forecast period, owing to the presence of a large number of market players, increasing government fundings, expansion in research facilities, extensive distribution network, and growing usage of chromatography in drug development. Furthermore, the key players are involved in business approaches such as collaborations, mergers, technical partnerships, government alliances, and an increasing number of clinical trials are a few of the factors propelling the market growth. Europe embraces the second-largest position in the low-pressure liquid chromatography market due to the increasing development, manufacturing, and commercialization of therapeutics, increasing establishment of analytical and biotechnology laboratories across the region. Likewise, increasing the utilization of molecular diagnosis for forensic investigation is driving the European low-pressure liquid chromatography market. The industry players provide high-quality products and superior after-sales service to gain an edge over the existing industry providers. These business parameters are expected to propel the low-pressure liquid chromatography market in the anticipated time.
Asia-Pacific is likely to hold the major market share over the assessed timeline due to the transformation in pharmaceutical infrastructure, high investment in the modernization of research laboratories, rising demand for generic and advanced medicines across the region, and increasing awareness about genetic and molecular drugs. Moreover, the rising demand for environmental and chemical analysis devices and equipment is driving the Asia-Pacific low-pressure liquid chromatography market.
Furthermore, the development of the market in the Rest of the World has been gaining market share in the low-pressure liquid chromatography market over the last few years due to the growing interest of investors in the local research facilities, supportive government regulations, establishment of technically advanced pharmaceutical infrastructure and growing research activities on the extraction of molecular components such as proteins, RNA, DNA, and other complex molecules. These aspects are likely to fuel the market growth over the assessed period.
Segmentation
The global low-pressure liquid chromatography market is segmented into components and end user. Based on component, the market has been segregated into instruments, consumables, and services. The instruments segment held a considerable market share in 2020. The demand for low-pressure liquid chromatography is the largest contributor to the global market due to its high engagement in research facilities to derive COVID-19 vaccines and other microbial infection treatments. In addition, the ongoing innovation of drugs and treatment for chronic diseases are strengthening the demand for low-pressure liquid chromatography products.
Based on end user, the global low-pressure liquid chromatography market has been classified as pharmaceutical companies, biotechnology companies, research laboratories, and academic institutions. Pharmaceutical companies held a considerable share of the market in 2020, owing to the high demand for medicines across the globe due to the spread of deadly coronavirus and chronic diseases. Additionally, increasing public and private investments in drug development and growing funding in the pharmaceutical sector to transform the research and production facilities are expected to drive the segment in the projected timeline.
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Market Highlights
The global Disposable Nitrile Gloves Market is expected to register a CAGR of 14.11% during the forecast period and hit USD 5,294.71 million by 2027.
Nitrile rubber is more resistant to oils, chemicals, and acids than natural rubber and has greater strength. Gloves made from latex are less puncture-resistant as compared to nitrile gloves. Similarly, gloves made from vinyl are less chemical resistant as compared to nitrile gloves. Nitrile is now the choice material for manufacturing disposable mechanics gloves and other industrial-grade gloves that are used in risky work environments where all kinds of sharp objects are in use.
The global disposable nitrile gloves market is growing steadily. Factors that influence the disposable nitrile gloves market are increasing preference for use at workplaces across several industries and growing awareness on prevention of healthcare-associated infection (HAI).
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Segment Analysis
The global disposable nitrile gloves market has been divided based on type and application.
Based on type, the market isbifurcated into powder-freeand powdered. The powder-free segment dominated the market in 2020 and is projected to be a faster-growing segment during the forecast period.This is attributed to thehigh strength and durability powder-free disposable nitrile gloves, making them useful for manufacturing industries where workers may encounter materials made of glass and metal.
Based on application,the global disposable nitrile gloves market is segmented into medical and non-medical. The medical segment dominated the market in 2020 and is projected to record a faster growth rate during the forecast period.The disposable nitrile gloves are used in healthcare facilities primarily for examining patients and are worn by healthcare workers and sometimes patients as well.
Regional Analysis
Based on region, the market is studied acrossthe Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas accounted for the largest market share in 2020 and is anticipated to dominate the global disposable nitrile gloves market during the forecast period. However, Asia-Pacific is projected to register the highest CAGR during the forecast period.
The Americas is expected to dominate with the largest market share due to a well-developed healthcare sector, high imports of disposable nitrile gloves, and the increasing number of healthcare-related infections over the past decade. In the region, modern healthcare employs various types of invasive procedures and devices to treat patients and facilitate their recovery process. Healthcare-related infections in the region are commonly associated with devices such as catheters, ventilators, and surgical operations. The market in the Americas has been divided into North America and Latin America.The market in North America has been divided further into the US and Canada. The US accounts for the largest market share in the North American disposable nitrile gloves market. In the US, the Centers for Disease Control and Prevention (CDC) has been working to monitor and prevent such hospital-related infections, as they pose serious health concerns.The availability of government regulations regarding imports of essential goods and a large volume of imports are the drivers for the disposable nitrile gloves market in the region.For instance, an increase of 35.7% was observed in the import of medical gloves in Canada in May 2020 compared to April 2020. A considerable portion of demand for disposable nitrile gloves is expected to come from new industries that are emphasizing implementing policies for wearing disposable gloves for grocery clerks and e-commerce packing & delivery staff.
Europe is the second-largest market for disposable nitrile gloves. The growing demand for disposable nitrile gloves in Europeis attributed to the increasing utility of disposable nitrile gloves across major industries, including healthcare, pesticide, petrochemical & auto motive, government initiatives towards promoting safer work conditions, and more eco-friendly nitrile gloves. The increasing prevalence of healthcare-associated infections in European countries is also one of the major factors responsible for the rising demand for disposable nitrile gloves in the region. According to the European Centre for Disease Prevention and Control, the average prevalence of hospital-acquired infections is estimated to be 7.1% in European countries.
Asia-Pacific is the fastest-growing market for disposable nitrile gloves. The growth can be primarily ascribed to the presence of major manufacturers of the disposable nitrile gloves industry in the region, such as VRG Khai Hoan JSC (Vietnam), Top Glove (Malaysia), Hartalega Holdings Berhad (Malaysia), Kossan Rubber Industries Ltd. (Malaysia), Sri Trang Gloves (Thailand), and Supermax Corporation Berhad (Malaysia). Malaysia, Vietnam, and Thailand are the key manufacturers of disposable nitrile gloves. In addition, the exports of disposable nitrile gloves to major markets across the world make Asia-Pacific the fastest growing regional market in the world. About 70 billion gloves manufactured in the region are imported annually by the US alone. Moreover, the easy accessibility to raw materials and cheap labor make the conditions favorable for the growth of the disposable nitrile gloves industry in the region.
Countries in the Middle East and Africa, such as Algeria, Egypt, and Iraq, have made substantial improvements in developing their health care systems.Factors such as improvement in healthcare infrastructure in low-income countries of the region and high risk of infectious diseases are creating demand for nitrile gloves. Moreover, increasing awareness of hospital-associated infections and promoting the safe use of examination gloves are expected to drive the demand for disposable nitrile gloves in the region.
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Key Findings of the Study
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Market Highlights
According to MRFR analysis, the global Real-Time PCR (Qpcr) Market is expected to register a CAGR of ~8.92 from 2021 to 2027 and hold a value of ~USD 8,398.55 million by 2027.
The global real-time PCR (qPCR) market is driven by continued efforts by PCR manufacturers to develop novel kits and systems to be used in molecular diagnostic testing. For example, in January 2019, Qiagen N.V.(Germany) developed next-generation qPCR systems, which were launched in April 2020. The new system isprojected to offer highly automated workflowand quick turnaround time. This factor is likely to provide a significant competitive advantage to the company, fueling the overall market growth of Real-time PCR (qPCR).
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Key Players
Some of the key players in the global real-time PCR (qPCR)marketareABL SA Group (Luxembourg), Agilent Technologies, Inc. (US), Analytik Jena AG (Germany), BD (US), Bio-Rad Laboratories, Inc. (US), F. Hoffmann-La Roche Ltd (Switzerland), Fluidigm Corporation (US), Lumex Instruments (US), Primerdesign Ltd (UK), QIAGEN (Germany), Takara Bio Inc. (Japan), Thermo Fisher Scientific (US), TOYOBO Inc. (Japan), and Vela Diagnostics (Singapore).
Severalglobal and local market players dominate the global real-time PCR (qPCR) market, contributing to a substantial market share. The prominent players are engaged in organic and inorganic strategies such asagreements, new product development & launches, and approval from government authorities, joint ventures, mergers & acquisitions, and partnerships to sustaintheir market positions.For instance, in October 2017, AOAC International (US), independent standards developing organization certified Bio-Rad Laboratories (US) iQ-Check Real-time PCR (qPCR) Kit as the Official Method of Analysis for Salmonella species identification in raw meat. Such recognition to the company is anticipated to boost the market growth.
Segmentation
The global real-time PCR (qPCR) market has been segmented into type, product, source, and application.
By product, the market has been segregated into reagents & consumables, instruments, and software & services. The reagents & consumables segment is expected to hold a considerable share of the market in 2021. Increasing adoption of reagents and consumables
Based on application,the real-time PCR (qPCR)market is classified into clinical, research, forensics, and others. The clinical segment held the largest market share in 2020. Some of the key factors attributing to the market growth include the increasing adoption of Real-time PCR (qPCR) to diagnose and estimate disease-causing microbes and other clinical ailments.
On the basis of the end user,the real-time PCR (qPCR) market is segmented into hospitals & diagnostic centers, research laboratories & academic institutes, pharmaceutical & biotechnology companies, clinical research organizations, and forensic laboratories. The research laboratories & academic institutes segment accounted for the major share in 2020 among the end user segment of the global real-time PCR (qPCR) market due tothe increasing number of research laboratories and rising application of Real-time PCR (qPCR) in sectors such as stem cell research and genetic disease and oncology research.
Regional Analysis
Based on region, North America is expectedto dominate the global real-time PCR (qPCR) market in 2020 due to the rising adoption of novel and innovative genomic analysis products and the availability of R&D grants.
The high prevalence of chronic & infectious diseases coupled with increasing awareness among patients about early diagnosis of diseases is propelling the market growth
Europe is expected to hold the second-largest position in the global real-time PCR (qPCR) market in 2021. Key factors attributing to the market growth are increasing adoption of real-time PCR (qPCR) to diagnose and estimate disease-causing microbes, with increasing product availability forconsumers.
Furthermore, the growth in the rest of the world real-time PCR (qPCR) market is attributed to the technological product advancements and high penetration of advanced healthcare technologies in research organizations focused on adopting real-time PCR (qPCR) as a testing methodin Saudi Arabia, the UAE, and the other Middle Eastern and African countries. Developing countries such as Brazil, Colombia, and Argentina, among others in Latin America, are also key contributors to the growth of the market.
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According to Market Research Future (MRFR), the global freeze-drying equipment market is expected to procure the market value of USD 3,831.91 million, thriving at a CAGR of 11.82% by 2027.
The freeze-drying equipment is likely to gain prominence in the food and pharmaceutical industries due to its ability to maintain a product's physical and chemical properties, which can fuel the freeze-drying equipment market 2020. The demand for extended shelf-life for food is expected to increase the prominence of freeze-drying equipment market and the market in the forecast period. Furthermore, increased food transport is projected to grow the requirement of food preservation, which is anticipated to surge the demand for the equipment and expand the market during the forecast period. Apart from these, the military and defense sector is likely to increase the demand for freeze-dried equipment owing to the rising usage of freeze-dried plasma in the battlefield, which can augment the market.
On the other hand, the growing utilization of alternative drying techniques in the pharmaceutical and biotechnology industries can impede the market growth. Nonetheless, the increasing technological development along with prior stated factors, are projected to counter the restraining factors and boost the market.
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Key Players
Some of the renowned players of the global market for freeze-drying equipment market are Hosokawa Micron B.V. (Netherlands), Azbil Telstar, S.L.U. (Spain), Industria Macchine Automatiche S.P.A. (Italy),Millrock Technology, Inc. (U.S.), Tofflon (China), S.P. Scientific (U.S.), and ZIRBUS Technology GmbH (Germany).
Market Segmentation
The segmental analysis of the global freeze-drying equipment market is done by type, product, and application.
The type-based segments of the global freeze-drying equipment market are industrial, laboratory, and general-purpose freeze dryers.
The product-based segments of the global freeze-drying equipment market are benchtop freeze dryers and mobile freeze dryers.
The application-based segments of the global freeze-drying equipment market are biotechnology, pharmaceuticals, food processing, surgical procedures, and others. Among all segments, the biotechnology segment is anticipated to acquire the largest market share during the forecast period owing to the increasing opportunities in the biotechnology industry along with the rising number of fatal diseases across the world.
Regional Analysis
Based on the region, the global freeze-drying equipment market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
As per the assessment, the global market for global freeze-drying equipment is anticipated to be dominated by the North Americas owing to the significant role played by the well-renowned pharmaceutical sector. Furthermore, the rising demand for processed food is likely to play an important role in expanding the regional market during the review period. Strong economies like the U.S. and Canada are anticipated to play a salient role in developing the regional market.
Europe market is anticipated to be the second-largest market during the forecast period owing to the presence of the lucrative pharmaceutical industry booming in the region. The majority of the market share is held by countries such as the UK, France, and Germany. Germany is anticipated to dominate the regional market during the forecast period.
The APAC region is likely to witness substantial market share during the forecast period owing to the prospering food industry. Further, the increasing demand for food preservation is anticipated to further underpin the market in the coming period. The presence of evolving economies like India and China are predicted to play an important role in developing the market due to the rapid rise in population.
The M.E.A. region is anticipated to witness steady growth during the review period. The Middle East countries are likely to dominate the region owing to the on-going development like industrialization.
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Market Highlights
According to MRFR analysis, Global Remdesivir (COVID 19) Market is expected to register a CAGR of 31.2% during the forecast period of 2020 to 2027 and reach USD 10,119.99 Million by 2027.
Remdesivir is an antiviral drug. FDA approved the remdesivir drug in April 2020 for the clinical trials for COVID 19 treatment. Studies have shown that around 46% of US patients have been recovered from COVID 19 quickly.
The growth of the global Remdesivir (COVID 19) market can be contributed to the growing need for rescue medication, including remdesivir drugs, due to the outbreak of COVID-19 globally. Furthermore, the rising geriatric population is also expected to fuel market growth during the forecast period. However, the availability of various substitutes for Remdesivir (COVID 19), are expected to restrain the growth of the global Remdesivir (COVID 19) market.
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Key Players
Some of the key players in the global remdesivir (COVID 19) market are Gilead Sciences, Inc. (US), Mylan (US), Cipla (India), Hetero Labs (India), and Jubilant Life Sciences (India)
Gilead Sciences, Inc., Bright Gene, Hainan Haiyao, Cipla, Pfizer, Merck, Cayman Chemical, Kelun Pharma, Hunan Warrant Pharmaceutical, Dr. Reddy's Laboratories, and others are some of the major market leaders in Remdesivir. Organic strategies such as product launches, mergers, and collaborations are used by the companies operating on the market to boost their share. Gilead Sciences, Inc., for instance, has announced it will donate 1.5 million doses of the medication for compassionate use. The company has also started manufacturing liquid and freeze-dried ways to improve supplies. UK-based AstraZeneca has approached rival drug maker Gilead Sciences about a potential merger.
Regional Analysis
The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas region held the largest market in 2020, owing to the growing cases of COVID 19 in the region. The remdesivir (COVID 19) market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European remdesivir (COVID 19) 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 remdesivir (COVID 19) market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the increasing rate of COVID 19 cases, the market in Asia-Pacific is expected to be the fastest-growing. The remdesivir (COVID 19) market in the Middle East & Africa has been divided into the Middle East and Africa.
Segmentation
Global Remdesivir (COVID 19) market has been segmented based on the Dosage and Distribution Channel.
Based on the dosage, the global remdesivir (COVID 19) market has been segmented into 5mg, 10mg, 50mg, and 100mg. The 100 mg segment is expected to hold the largest market share owing to rise in COVID 19 and 100 mg is specifically used for older people and COVID 19 is affecting more in older people
On the basis of distribution channel, the market has been segmented into hospitals and drug stores. The hospitals are expected to hold a major market share owing to government regulation i.e. the drug can be given in the hospitals only.
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The global Dry Mouth Relief Market is growing at a rapid pace. The market growth is primarily driven by the growing prevalence of xerostomia, disorders related to dry mouth, and side effects of some diseases such as HIV, Sjogren’s syndrome, and rheumatoid arthritis. The market appears to be well-developed due to the availability of many novel medicines & therapies to treat symptoms of the condition.
Moreover, spreading awareness among people about the disorder and the availability of novel effective treatment accelerate the growth of the market. According to Market Research Future (MRFR), the global dry mouth relief market is poised to reach USD 2,777.14 MN by 2026, growing at 4.10% CAGR during the forecast period (2020 – 2026).
Dehydration, Anxiety & stress, and increased smoking as a result of changing lifestyles lead to symptoms of dry mouth. Besides, the availability of therapeutic medicines fuels market growth. Additionally, factors such as the increasing patient population and the rise in the global economy push market growth. Technological advances in medical science that are led by substantial R&D investments foster the market growth excellently.
On the flip side, large unmet needs and drug resistance cases are anticipated to hamper the market growth during the projected period. Nevertheless, advances in drug development & manufacturing techniques would support market growth throughout the analyzed period, presenting more advanced and cost-effective treatments.
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Major Players:
Players leading the global dry mouth relief market include Procter & Gamble (US), Johnson & Johnson Services, Inc. (UK), GlaxoSmithKline Plc (UK), Colgate-Palmolive (US), 3M (US), Sanofi (France), Bioxtra, Sunstar (Switzerland), Mars, Incorporated (US), Dr. Fresh (California), Prestige Consumer Healthcare, Inc. (US), Xlear (US), Oral Biotech (US), Mission Pharmacal Company (US), Therabreath (California), Fresenius (Germany), and Wisconsin Pharmacal Company (US), among others.
Dry Mouth Relief Market - Segmentations
The report is segmented into three dynamics;
By Type : Mouthwash, Spray, Lozenges, Gel, and others.
By Distribution Channel: Pharmacies, E-Commerce, Supermarkets, and others.
By Regions : Americas, Europe, Asia Pacific, and Rest-of-the-World.
Dry Mouth Relief Market - Regional Analysis
North America dominates the global dry mouth relief market. The largest market share attributes to the rising patient population suffering from dry mouth or xerostomia in the region. Moreover, the well-spread awareness regarding the disease and the availability of treatments xerostomia in the region drive the market growth. Also, factors such as favorable reimbursement scenarios and substantial healthcare expenditure substantiate regional market growth.
Furthermore, wide uptake of advanced technologies acts as a key growth driver for the regional market. The North American dry mouth relief market is estimated to retain its leading position throughout the assessment period.
Europe stands second in the global dry mouth relief market. The market growth is predominantly driven by the growing prevalence of xerostomia, disorders related to dry mouth, and risk factors such as HIV, Sjogren’s syndrome, and rheumatoid arthritis, among others in the region. The resurging economy in the region undoubtedly acts as a key driving force for the regional market.
Additionally, the presence of major industry players such as Fresenius (Germany), Sunstar (Switzerland), Johnson & Johnson Services, Inc. (UK), Sanofi (France), and GlaxoSmithKline PLC (UK), in the region influences the market growth. The European dry mouth relief market is projected to create a substantial revenue pocket during the review period.
Asia Pacific region is a promising market for dry mouth relief products. The market growth is led by a huge population and the availability of low-cost drugs for the treatment in the region. Moreover, the growing healthcare sector and large unmet needs in the region fostered the growth of the market. China and India contribute to the growth of the regional market majorly.
Besides, Vietnam, Thailand, and Malaysia, among other Southeast Asian countries, provide impetus to the regional market growth. The APAC dry mouth relief is expected to emerge as the fastest-growing market from 2020 to 2026.
Dry Mouth Relief Market - Competitive Analysis
Highly competitive, the global dry mouth relief market appears fragmented due to the presence of several well-established players. To gain a larger competitive share, industry players incorporate strategic initiatives such as mergers & acquisitions, collaborations, expansion, and product/ technology launch. They make substantial investments to drive R&D clinical trials required for the development of breakthrough drug discoveries.
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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.
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The global Dry Mouth Relief Market is growing at a rapid pace. The market growth is primarily driven by the growing prevalence of xerostomia, disorders related to dry mouth, and side effects of some diseases such as HIV, Sjogren’s syndrome, and rheumatoid arthritis. The market appears to be well-developed due to the availability of many novel medicines & therapies to treat symptoms of the condition.
Moreover, spreading awareness among people about the disorder and the availability of novel effective treatment accelerate the growth of the market. According to Market Research Future (MRFR), the global dry mouth relief market is poised to reach USD 2,777.14 MN by 2026, growing at 4.10% CAGR during the forecast period (2020 – 2026).
Dehydration, Anxiety & stress, and increased smoking as a result of changing lifestyles lead to symptoms of dry mouth. Besides, the availability of therapeutic medicines fuels market growth. Additionally, factors such as the increasing patient population and the rise in the global economy push market growth. Technological advances in medical science that are led by substantial R&D investments foster the market growth excellently.
On the flip side, large unmet needs and drug resistance cases are anticipated to hamper the market growth during the projected period. Nevertheless, advances in drug development & manufacturing techniques would support market growth throughout the analyzed period, presenting more advanced and cost-effective treatments.
Get Sample Report @ https://www.marketresearchfuture.com/sample_request/9581
Major Players:
Players leading the global dry mouth relief market include Procter & Gamble (US), Johnson & Johnson Services, Inc. (UK), GlaxoSmithKline Plc (UK), Colgate-Palmolive (US), 3M (US), Sanofi (France), Bioxtra, Sunstar (Switzerland), Mars, Incorporated (US), Dr. Fresh (California), Prestige Consumer Healthcare, Inc. (US), Xlear (US), Oral Biotech (US), Mission Pharmacal Company (US), Therabreath (California), Fresenius (Germany), and Wisconsin Pharmacal Company (US), among others.
Dry Mouth Relief Market - Segmentations
The report is segmented into three dynamics;
By Type : Mouthwash, Spray, Lozenges, Gel, and others.
By Distribution Channel: Pharmacies, E-Commerce, Supermarkets, and others.
By Regions : Americas, Europe, Asia Pacific, and Rest-of-the-World.
Dry Mouth Relief Market - Regional Analysis
North America dominates the global dry mouth relief market. The largest market share attributes to the rising patient population suffering from dry mouth or xerostomia in the region. Moreover, the well-spread awareness regarding the disease and the availability of treatments xerostomia in the region drive the market growth. Also, factors such as favorable reimbursement scenarios and substantial healthcare expenditure substantiate regional market growth.
Furthermore, wide uptake of advanced technologies acts as a key growth driver for the regional market. The North American dry mouth relief market is estimated to retain its leading position throughout the assessment period.
Europe stands second in the global dry mouth relief market. The market growth is predominantly driven by the growing prevalence of xerostomia, disorders related to dry mouth, and risk factors such as HIV, Sjogren’s syndrome, and rheumatoid arthritis, among others in the region. The resurging economy in the region undoubtedly acts as a key driving force for the regional market.
Additionally, the presence of major industry players such as Fresenius (Germany), Sunstar (Switzerland), Johnson & Johnson Services, Inc. (UK), Sanofi (France), and GlaxoSmithKline PLC (UK), in the region influences the market growth. The European dry mouth relief market is projected to create a substantial revenue pocket during the review period.
Asia Pacific region is a promising market for dry mouth relief products. The market growth is led by a huge population and the availability of low-cost drugs for the treatment in the region. Moreover, the growing healthcare sector and large unmet needs in the region fostered the growth of the market. China and India contribute to the growth of the regional market majorly.
Besides, Vietnam, Thailand, and Malaysia, among other Southeast Asian countries, provide impetus to the regional market growth. The APAC dry mouth relief is expected to emerge as the fastest-growing market from 2020 to 2026.
Dry Mouth Relief Market - Competitive Analysis
Highly competitive, the global dry mouth relief market appears fragmented due to the presence of several well-established players. To gain a larger competitive share, industry players incorporate strategic initiatives such as mergers & acquisitions, collaborations, expansion, and product/ technology launch. They make substantial investments to drive R&D clinical trials required for the development of breakthrough drug discoveries.
Browse Complete Report Details @ https://www.marketresearchfuture.com/reports/dry-mouth-relief-market-9581
About US:
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.