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The hydroxychloroquine drug is used in the treatment of malaria. Apart from malaria, it is also used for the treatment of rheumatoid arthritis, lupus erythematosus, and recently discovered COVID-19 disease. Hydroxychloroquine is more preferable than chloroquine as it has fewer side effects.

The growth of the global hydroxychloroquine drug market can be contributed to the growing need for rescue medication, high demand for hydroxychloroquine drugs, due to the outbreak of COVID-19 globally, and increasing prevalence of chronic diseases.

The Hydroxychloroquine Market trends is anticipated to grow at a CAGR of 26.90% significantly. The market value is further expected to increase up to USD 714.11 Million in the studied forecast period 2022-2030. Ipca is the global manufacturer of hydroxychloroquine drugs. Sanofi S.A., Hikma pharmaceuticals, and Concordia Healthcare are some of the competitors that dominate the global hydroxychloroquine market. The key players are involved in awareness campaigns, product approvals, mergers, and strategic collaborations to strengthen their market positions. For instance, according to outsourcing-pharma.com, on 19 May 2020, sterling pharma kicks off hydroxychloroquine production. The US FDA recently lifted import alerts on its plants, paving the way for the firm to export it to the US. Cadila was already exporting it to the US, though the numbers were not huge.

Key Players

Some of the key players in hydroxychloroquine market are Zydus Cadila (India), Ipca laboratories (India), Sanofi S.A. (France), Hikma Pharmaceuticals (UK), Novartis International AG (Switzerland), Teva Pharmaceutical, Industries Ltd (Israel), Apotex Corporation (Canada), Mylan N.V. (US), Concordia Healthcare (UK), Amneal Pharmaceuticals, Inc. (US), Taj Pharmaceuticals (India), Sun Pharmaceutical Industries Ltd. (India), Shanghai Pharmaceuticals Holding (China), Hanlim Pharmaceutical (South Korea), Kyung Poong (South Korea), Laurus Labs Limited (India), Covis Pharmaceuticals, Inc. (Switzerland), Lupin Pharmaceutical (India).

Segmentation

The hydroxychloroquine market has been segmented by strength and application

Based on the strength, the hydroxychloroquine market has been segmented into 200mg, 400mg, and others. Among them, 200mg is commonly used to cure arthritis as well as for malaria and recently for COVID-19. 400 mg dosage is commonly used for the treatment of Malaria, Lupus Erythematosus, and Rheumatoid Arthritis once a week for the adults. In addition, the increasing usage of hydroxychloroquine for COVID-19 treatment is driving the growth of the market.

Based on the application, the segment is classified into Coronavirus disease (COVID 19), Malaria, Rheumatoid Arthritis, Lupus Erythematosus, Porphyria cutanea tarda (PCT), Q fever, and others. The malaria segment dominated the global hydroxychloroquine market and held the largest market share in 2019. The hydroxychloroquine is used for the treatment of malaria, which is caused by the mosquito bite. It is a reasonably inexpensive drug and generally sold as over the counter drug in the countries such as India.

Regional Analysis

The market has divided into regions like the Americas, Europe, Asia-Pacific, the Middle East, & Africa. America is further segmented into North America and Latin America. America does not produce anti-malarial drugs, as there is no prevalence of malaria. The outbreak of COVID-19 has increased demand. North America is predicted to be one of the largest markets for hydroxychloroquine in the coming years. The European hydroxychloroquine market report has been categorized as western Europe and eastern Europe. Western Europe further classified as Germany, France, the UK, Italy, Spain, and the rest of western Europe. Asia-Pacific is classified as China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. India is the largest manufacturer of antimalarial drugs. The hydroxychloroquine market in the Middle East & Africa is categorized into the Middle East and Africa.

 

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A protective mask acts as a device that covers the mouth, nose, or both of a patient who requires positive pressure, non-invasive ventilation, or continuous positive pressure ventilation. Healthcare Protective Masks Market size was estimated to be USD 2,050.2 Million in 2019 and Healthcare Protective Masks Market is expected to reach USD 9.88 Billion by 2030. It is predicted to grow at a CAGR of 5.7% from 2022 to 2030. Furthermore, the rising prevalence of age-related diseases, mass manufacturing operations in Southeast Asian countries, increasing investments in healthcare facilities, and increasing levels of pollution, are also expected to boost the market during the forecast period.

However, manufacturers providing low-quality face masks, and a rise in prices of face masks are expected to restrain the growth of the healthcare protective masks market.

Several market players such as 3M, Cardinal Health Inc., and Medline Industries Inc. among others currently dominating the global healthcare protective masks market.

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, owing to the rise in COVID-19 cases in the region. The healthcare protective masks 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 healthcare protective masks 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 healthcare protective masks market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. Due to the increasing number of surgical procedures, the market in Asia-Pacific is expected to be the fastest-growing. The healthcare protective masks market in the Middle East & Africa has been divided into the Middle East and Africa.

Key Players

Some of in the global healthcare protective masks market players are 3M (US), Cardinal Health, Inc. (US), Narang Medical Limited (India), Mölnlycke Health Care AB (Sweden), Henry Schein, Inc. (US), Medline Industries, Inc. (US), Sterimed (India), Honeywell International Inc. (US), Kimberly-Clark Corporation (US), Ansell Ltd (Australia), Dynarex Corp. (US)

 

Segmentation

Global Healthcare Protective Masks Market has been segmented based on the Product Type and The End User.

Based on the product type, the global healthcare protective masks have been segmented into surgical masks, anesthesia masks, and respirators. The surgical masks segment is expected to be the largest market segment.

On the basis of end user, the market is segmented into hospitals & clinics, and ambulatory surgical centers. The ambulatory surgical center segment is expected to be the fastest-growing segment.

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The neurology devices market share was valued at USD 13.5 billion in 2022 and is projected to grow from USD 14.55 Billion in 2023 to USD 22.84 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.80% during the forecast period (2023 - 2030). Neurology is a discipline of medicine that focuses on problems with the nervous system, including the brain, blood vessels, muscles, and nerves. The treatment of neurological disorders like Alzheimer's, tumors, and Parkinson's disease with neurovascular devices like interventional devices, cerebrospinal fluid management devices, and others. Shunts, valves, and external drainage systems are also used in cerebrospinal fluid management devices to facilitate the flow of cerebrospinal fluid and remove excess fluid from the brain.

A shunt also provides an alternative fluid conduit by which the cerebrospinal fluid avoids obstacles in the brain's fluid compartments as well as acts whenever fluid absorption is otherwise impeded. The stent-created bypass relieves the extra fluid buildup which causes hydrocephalus. Furthermore, numerous other devices or instruments, like catheters, ultrasonic aspirators, stents, and stereotactic systems, are available on the market for the therapy of neurological devices market.

Key Players

Some of the key players in the global neurology devices market are B. Braun Melsungen AG, Boston Scientific Corporation, Integra LifeSciences Holdings Corporation, Johnson and Johnson, Medtronic Inc., St. Jude Medical, Inc., Stryker Corporation, W.L. Gore & Associates, Inc., and Esaote, among others

Regional Classification

In 2018, the neurology devices market was dominated by North America, followed by Europe. Increased government funding for the R&D of novel neurological devices and a rise in prevalence of neurological disorders like Alzheimer's and Parkinson's disease are driving the overall expansion of the North American neurology devices market. Furthermore, the widespread availability of innovative neurological equipment and a well-developed healthcare infrastructure and the existence of major companies all contribute to the market's development.

However, due to a growth in the frequency of neurological illnesses and the availability of a big patient pool in this region, LAMEA is expected to develop at the fastest pace over the analysis period. Furthermore, major factors driving the area's neurology devices market development include rising per capita income in many nations, increased government initiatives to boost the healthcare sector, as well as a sharp rise in leading manufacturers' focus on expanding their geographic presence in emerging countries to capture the largest share of the neurology devices market.

Market Segmentation

The cerebrospinal fluid management devices segment dominated the neurology devices market outlook by product in 2018, and this trend is expected to continue over the projected period. It is due to an increase in the use of these devices for neurological device diagnosis. These management devices, for example, are frequently employed in the diagnosis and treatment of multiple sclerosis, encephalitis, myelitis, and other neurological diseases.

The hospital segment captured the most market share by end-user in 2018, and this trend is expected to continue during the projected period. This is due to the simple accessibility of neurological devices in hospital settings and patients' preference for visiting hospitals for neurological device diagnosis and therapy.

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Mar 27 '23 · 0 comments · Tags: neurology devices market

Getting a different medical opinion is when a patient seeks a medical opinion on their diagnosis and treatment plan from another, or a few other expert doctors, in order to confirm the diagnosis and authenticate their treatment. As per MRFR, the Medical Second Opinion Market Size,is predicted to gain an income of USD 9751.58 Million at a CAGR of 15.8 % by 2027.

Strong growth for expert advice due to the COVID 19 outbreak, the financial, health, and legal costs related to treatment, and the heightened need for better diagnosis and treatment planning, are projected to propel the medical second opinion market forward.The COVID 19 outbreak and the increased demand for better diagnosis and treatment planning are prepared to push the medical second opinion market forward.

The renowned payers in the medical second opinion market areCleveland Clinic MyConsult, Partners Healthcare, HCA Hospitals (US), Teladoc Health, Inc., (US), SecondOpinionExpert, Inc., (California), DoctorSpring (California), 2nd MD (Houston), Amradnet (US), Johns Hopkins Medicine, and XMRI.COM.

Competitive Analysis

The need to establish a quick and profitable management strategy is predicted to impact the market in the near future. The market's conflict between demand and supply is investigated to generate a measured development framework. In the coming future, competitors' potential to stimulate market transformation will proceed to grow at a steady rate. Since the market requires an additional drive to achieve consistency in such a situation, cooperation from administrative authorities and governments is increasing. The focus on transformation is forecast to expand in the following years, as user expectations must be addressed more effectively to recover the global medical second opinion services market. In the subsequent years, the requirement to ameliorate losses incurred by the current public health crisis is projected to be the exclusive focus of market applications. In particular, there will be a need to provide a helping hand to enterprises in the approaching phase.

Segmental Analysis

The segmental overview of the medical second opinion market Insightshas been conducted based on services, providers, applications, and sources of services. The global medical second opinion market has been divided into three categories based on services: post-acute care nursing, medical condition management, and medical peer review services. The market has been divided into cancer, neurological disorders, respiratory disorders, a diabetes, cardiac disorders, nd ocular disorders based on application. The market has been divided into two categories based on the source of service: in-house and outsourced. The market has been divided into online physicians' portals, medical second opinion companies, hospital physicians/specialties, and health insurance companies based on providers.

Detailed Regional Analysis

Americas is the largest regional market. The increasing need to improve diagnosis in the region is expected to drive the market. Moreover, increasing treatment planning amongst people is also expected to contribute the market growth. The medical second opinion market in Europe held the second-largest position owing to increasing medical errors. Asia-Pacific is the fastest-growing segment due to the developing economy across the region. The medical second opinion is high in the case of chronic diseases such as diabetes and cancer. The Middle East and Africa's improving treatment plans and diagnosis with ease of interaction among patients is expected to boost the second opinion's medical second opinion market growth.

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Mar 27 '23 · 0 comments · Tags: medical second opinion market

Nebulizers Market share is expected to hold a value of USD 1.27 Billion by 2030 and is expected to register a growth of 6.90% from 2022 to 2030. Drug wastage is one of the biggest challenges faced by the healthcare sector following device usage. Sensing the opportunity, several companies are coming up with highly innovative nebulizers such as vibrating mesh, breath-enhanced and breath-actuated nebulizers that cut down drug wastage and enhance the efficiency of drug delivery. Such nebulizers help elevate the output rate while reducing the entire administration period. Besides, the heightened demand for healthcare devices that can be used at home and the surging consumption of cigarettes, alcohol and tobacco that cause respiratory disorders should also enhance the market size in the years to come.

Most of the renowned vendors are focused on promotion campaigns, mergers, collaborations, as well as product approvals, to uplift their market positions. A case in point, in March 2021, PARI Pharma GmbH, a reputed developer of aerosol delivery systems that are based on the eFlow Technology, confirmed LAMIRA Nebulizer System’s authorization for delivering Insmed's ARIKAYCE in the Japanese market.

Companies Profiled

Braun Melsungen AG (Germany), Invacare Corporation (US), Drive DeVilbiss Healthcare (US), Briggs Healthcare (US), GF Health Products, Inc. (US), PARI (US), Agilent Technologies Inc. (US), Koninklijke Philips N.V. (Netherlands), OMRON Healthcare (Japan), Vectura Group PLC (UK), Beurer GmBH (Germany), Rossmax International Ltd (Taiwan), are the prominent firms in the global market.

Segmental Status

The nebulizers market outlook has been dissected with respect to type, usage, portability along with end user.

The nebulizer types that are available in the global market are jet, ultrasonic as well as mesh. The types of mesh nebulizers include passive and active. From the main types of nebulizers, the jet nebulizers types should procure the top position over the following years since they are far more cost-effective compared to other types in the market and should therefore, note higher demand.

Usage-wise, the major segments can be reusable and disposable. Out of these, the leading spot has been secured by disposable nebulizers, as these witness significant demand given the provision of reduced infection rate as well as wastage.

Portable and tabletop are identified as the main segments, as per portability. The portable nebulizers market has been progressing at the fastest pace, thanks to its convenient coupled with ease of use.

Home care, along with hospitals & clinics are the industry end-users covered in the MRFR study. In light of the expanding patient base, hospitals and clinics have emerged as the leading segment in the market. But, it is likely that the homecare segment will achieve the fastest growth rate in the years ahead.

Regional Status 

Europe/EU, the Americas, Asia Pacific/APAC and Middle East and Africa/MEA are the key regions across which the nebulizers market is expected to note growth over the review period.

The American market has emerged the clear winner out of the regions, on account of the alarming growth in respiratory disorders and the favorable reimbursement schemes available in the region. The region’s performance will be further bolstered by the fact that consumers here follow a fast-moving lifestyle and therefore, opt for portable devices that are compact and have multiple advanced features. This scenario is also favored by the escalating cases of asthma and a number of airway diseases in the region.

The European market stands second and is expected to attain higher growth in the coming years, in view of the fast-expanding elderly patient base affected by several respiratory diseases. Frequent technological advances and the emergence of new and more sophisticated nebulizers in the market should be favorable as well.

The market size in Asia Pacific is expected to grow at the fastest pace during the analysis period, largely due to the rapidly surging cases of respiratory diseases, especially among the massive geriatric populace. The soaring trend of preventive care, along with surge in government initiatives to spread awareness among people while also encouraging technological innovations will benefit the APAC industry over the years to follow.

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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.

Electronic Trial Master File (eTMF) Systems Market overviewBy Component, Deployment Mode, End User, Region Forecast to 2030. Electronic Trial Master File (eTMF) Systems Market Size was valued at USD 0.78 billion in 2022.

The Electronic Trial Master File (eTMF) Systems market industry is projected to grow from USD 0.89 Billion in 2023 to USD 1.96 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 14.11% during the forecast period (2023 - 2030).

Electronic Trial Master File Systems have grown in favor across a variety of enterprises, including pharmaceutical and biotechnology firms, in the digital age. The eTMF Systems market is growing in popularity since the novel solution allows customers to get a real-time view of clinical papers and manage them effectively. The global eTMF systems market is growing due to a number of factors, including increased acquisitions, new solution and service deployments, and partnerships by leading market participants, as well as an increase in the number of clinical trial studies.

Competitive Dynamics

The notable players of the market are Aurea, Inc. (US), Covance Inc. (US), ePharmaSolutions (US), MasterControl, Inc. (US), Oracle (US), Phlexglobal (UK), SureClinical Inc. (US), TransPerfect (US), Veeva Systems (US), and Wingspan (IQVIA) (US).

Segmental Analysis

The eTMF Systems Market can be divided into two categories based on their components: software and services. Both market categories have been performing well, and they are expected to contribute to the Electronic Trial Master File (eTMF) Systems Market's growth over the anticipated time.

The eTMF Systems Market can be divided into on-premise and web/cloud-based systems based on the deployment model. According to the eTMF Systems Market Forecast, the web/cloud segment will likely be the fastest-growing segment in the near future.

According on the end-user, the eTMF Systems Market can be segmented into contract research organizations, biotechnology and pharmaceutical businesses, and others. Due to the increased demand for exact master file solutions, contract research companies are likely to acquire a significant chunk of the Electronic Trial Master File (eTMF) Systems Market Share throughout the forecasted period.

Regional Overview

The global eTMF Systems Market research Report is segmented into four regions: the Americas, Europe, Asia Pacific, and the Middle East and Africa. The Americas is the most important regional sector in terms of market growth on a worldwide scale. Oracle and Veeva Systems are two key players that control a considerable percentage of the Electronic Trial Master File (eTMF) Systems Market Value.

On a worldwide scale, the European market has been performing admirably. The high level of support from regulatory bodies is one of the market's primary drivers. The adoption of quickly growing technology in the market is one of the primary Electronic Trial Master File (eTMF) Systems market trends that is consistent across various regional sectors.

The Asia Pacific region is expected to perform well in the market over the anticipated period. Due to the rising adoption rate of eTMF software and services in Asian countries, the eTMF systems market in this region is expected to develop at the quickest rate throughout the assessment period.

The Middle East and Africa regional division is the smallest in terms of geographical area. The inadequate development of the region's healthcare infrastructure, as well as a lack of exposure to digital technologies and innovations, are the key factors for the eTMF Systems Market's limited growth. Each geographical division is projected to contribute to global market performance during the forecasted time. 

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The medical imaging market share was valued USD 39.19 in 2021 and is expected to reach USD 64.99 billion by 2030 at 7.10% CAGR during the forecast period 2022-2030; this and other vital market figures have been revealed in Market Research Future's detailed report on the subject. Advancements in technology have introduced medical imaging systems that can show diffuse and focal pathologies in a variety of organs. 

Increasing prevalence of various chronic diseases, cardiac diseases, and neurological diseases have resulted in increased demand for medical imaging services. Healthcare as a sector is growing exponentially across the world, with increasing investments being made in state of the art systems. Emerging economies are expected to make huge development in catching up to developed economies with regards to providing patients with advanced systems which are widely available. Several market leaders are involved in comprehensive research and development activities to offer further advancements in the highly competitive market. Additionally, there is a high preference and demand for minimally invasive treatments and diagnostic procedures. This combined with rising numbers of diagnostic imaging centers are likely to lead to surging growth for the global medical imagining market. 

Presently, health care reforms have not caught up to healthcare trends, particularly in emerging and underdeveloped economies which will pose a challenge to the growth of the market. Moreover, medical imaging devices are expensive. However, emerging economies represent high promise and opportunities for growth in the coming years, and R&D activities will likely expand market value.

Regional Analysis

The Americas, with their inclusion of North America, account for the most significant share of the global medical imaging market. The presence of a developed healthcare sector, swift adoption of technological advancements and the regions role in advancing the market are significant factors responsible for it's leading market position. Europe is the second most significant region due to high government support for advanced healthcare being made available to the regions patient population. 

Meanwhile, the APAC market has a rapidly developing healthcare sector with the government's full support. The region is advancing rapidly in its adoption and demand for advanced healthcare and is expected to be a significant market in the future.

Market Segmentation

The Global Medical Imaging Market outlook is segmented based on product type, application, end-user, and region. By product type, the market is segmented into magnetic resonance imaging (MRI), X-Ray imaging systems, ultrasound imaging systems, nuclear imaging systems, and computed tomography (CT) scanners. The MRI segment is sub-segmented into low to mid-field MRI systems, high and very high field MRI systems, and ultra-high field MRI systems. Other sub-segmentations of key segments are provided in the report. 

By application, the market is segmented into product type, and then further segmented by applications for each product type. Key segments include MRI systems, CT scanners, nuclear imaging systems, X-ray imaging systems, and ultrasound imaging systems. ultrasound systems are further segmented into obstetrics, general imaging, cardiology, urology, vascular, and others. Further sub-segmentation can be found in the report. 

By end-user, the market is segmented into hospitals & clinics, research & academic institutes, diagnostic imaging centers, and others.

Key Players

Profiled market players include Samsung Medison, Toshiba Corporation, Narang Medical Limited, Fonar Corporation, Hologic Inc., Shimadzu Corporation, Fujifilm Holdings Corporation, Siemens AG, General Electric Company, Hitachi Ltd., Carestream Health, Esaote S.P.A, and Koninklijke Philips N.V.

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Mar 27 '23 · 0 comments · Tags: medical imaging market

Market Highlights

According to MRFR analysis, Cell Counting Market trends is expected to register a CAGR of 5.8% during the forecast period of 2019 to 2025 and was valued at USD 8.47 Billion in 2018.

Cell counting is important for research and serves as one of the major steps in the majority of experiments. It is effectively utilized for maintaining cell cultures. Moreover, another important application of cell counting can be seen in the diagnosis of chronic diseases like cancer. For instance, an increase in the number of white blood cells (WBC) may indicate the possibility of cancerous growth in the body. Thus, cell counting is important for microbiology, hematology and other medical specialties.

The growth of the global cell counting market is determined by numerous factors such as increasing R&D expenditure, rising prevalence of cancer, and product launches. However, the high cost of devices and product recalls are projected to restrain the growth of the market during the forecast period.

The Global Cell Counting Market is currently dominated by several market players. The key players are involved in product launches, expansion, and strategic collaborations to strengthen their market positions. Recently in April 2019, the Nexcelom Bioscience LLC launched Cellaca MX automated cell counter.

Regional Analysis

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

The Americas is anticipated to hold the largest market share owing to the increase in the incidence of cancer and the presence of well-established pharmaceutical and biotechnology industry. The cell counting 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 cell counting 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 cell counting market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the presence of a large patient pool and expansion of healthcare facilities, the market in Asia-Pacific is expected to be the fastest-growing. The cell counting market in the Middle East & Africa has been divided into the Middle East and Africa.

Segmentation

The Global Cell Counting Market has been segmented based on product, application, and end-user.

The market, based on type, has been divided into consumables and instruments. The consumable segment is likely to hold maximum market share in the global cell counting market. This due to the repeated purchase of the consumable compared with instrument products.

The global cell counting market based on application has been segregated into research application, clinical & diagnostic application, and others. The research application segment is anticipated to hold the largest share in the market due to the rising funding for stem cell research.

The end-user segments of the market are pharmaceutical and biotechnology companies, hospitals, research institutes, and others. The pharmaceutical and biotechnology companies’ segment is expected to hold the largest share of the market, as these are used cell counting products in research and development of new drugs and therapies.

Key Players

Some of the Key Players in the Global Cell Counting Market are Thermo Fisher Scientific (US), Merck KGaA (Germany), Danaher Corporation (US), Bio-Rad Laboratories, Inc. (US), Logos Biosystems, Inc. (South Korea), Olympus Corporation (Japan), Agilent Technologies, Inc. (US), PerkinElmer, Inc. (US), Sysmex Corporation (Japan), Abbott Laboratories (US), and others.

Mar 27 '23 · 0 comments · Tags: cell counting market

The pain patch market size is expected to reach USD 21324 Million by 2030 at 4.80% CAGR during the forecast period 2022-2030. Pain-relief patches also known as pain patches can be easily purchased from pharmacies. They are available in different types, however, most of the pain patches are used for managing both short-term and long-term pain. This clearly means that a pain patch can be prescribed for both acute and chronic pain conditions. This flexibility and effectiveness helps the companies in the global market for pain patch grow as the demand for these products remains strong throughout the year, and its easy availability has given more boost to the market.

A pain patch market when placed on the skin helps the skin absorb a certain amount of medication which helps prevent or reduce pain. The medication easily gets absorbed into the bloodstream, however the type of medication and patch prescribed by physicians may vary depending on the actual need of the patients and levels of the pain. Prescription based pain patches may include diclofenac epolamine, an anti-inflammatory nonsteroidal drug, a local anesthetic known as lidocaine, and opioid pain medication.

For minor injuries, physicians recommend a pain patch with diclofenac epolamine. This formula helps in reducing and controlling minor pain caused due to muscle strains and sprains. This element falls under the same group as ibuprofen and aspirin. Patients are asked to be careful and not use such patches anywhere on a broken skin. A study published by expert analysts has found that such pain patches can provide pain relief for soft-tissue injuries with few adverse effects.

Pain Patch Market Key Players

  • LTS Lohmann Therapie-Systeme AG (Germany)
  • (US)
  • Mylan N.V.(US)
  • Pfizer, Inc. (US)
  • Teva Pharmaceutical Company (Allergan Plc (Actavis)) (Israel)
  • Endo Pharmaceuticals Inc (Israel)
  • Hisamitsu America, Inc. (America)
  • Johnson & Johnson (US)

Pain Patch Market Segmentation

For the scope of research, analysts have segmented the pain patch market Insights based on type, mode of administration, end users, and therapeutic use.

  • Based on type, the pain patch market has been segmented into opioid, no-opioid and fibrin sealant patch.
  • By mode of administration, the pain patch market is divided into microneedle patches and active delivery.
  • Based on the therapeutic use, the pain patch market has been segmented into cancer, smoking cessation neurological disorders, and others.
  • By end users, the global pain patch market segments include hospitals and clinics, home care, and others.

Pain Patch Market Regional Overview

Industry experts have analyzed the global pain patches market at different levels. The report brings information from across the world and provides key insights into regional pain patch markets from the Americas, which is the largest market in the world for pain patches. The growth here is due to an increasing number of patients with chronic diseases and spinal injury. The report also covers the European market where demand for pain patches is on the rise. Other regional pain patch markets covered in the report are Asia-Pacific and the Middle East and Africa. For each of these regions, analysts have also presented country-level trends, predictions, and market status details along with profiling of key players present in the global pain patch market.

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According to the latest research report the transarterial chemoembolization (TACE) market size is projected to reach USD 15.61 Billion by 2030 at 4.90% CAGR during the forecast period 2022-2030.

Hepatocellular carcinoma (HCC) is a primary malignancy of the liver and occurs mainly due to chronic liver disease and cirrhosis. It is the third leading cause of cancer deaths worldwide, with over 500,000 people affected. Transarterial chemoembolization market is the current standard of therapy for patients with intermediate-stage hepatocellular carcinoma (HCC). Conventional TACE is considered as a standard treatment for HCC.

Key Players

  • Advaxis Inc. (US)
  • Baxter (US)
  • Bellicum Pharmaceuticals, Inc. (US)
  • Boston Scientific Corporation (US)
  • Cook (US)
  • Hikma Pharmaceuticals PLC (UK)
  • Isofol Medical AB (Sweden)
  • Nippon Kayaku Co., Ltd. (Japan)
  • Novartis (Switzerland)
  • Pfizer (US)
  • Sirtex SIR-Spheres Pty Ltd. (Australia)
  • Spectrum Pharmaceuticals, Inc. (US)
  • Jiangsu Hengrui Medicine Co., Ltd (China)

Segmentation

By Procedure Type

  • Conventional TACE: Conventional TACE dominated the Transarterial chemoembolization (TACE) market insights as it is one of the oldest procedures used in HCC cases. Conventional TACE involves the infusion of chemotherapeutic drugs blended with lipiodol and embolic agents into the cancer-feeding artery and liver cancer transarterial chemoembolization
  • DEB-TACE: This segment is expected to witness the fastest growth. DEB-TACE allows higher concentrations of drugs to the target tumor and lower systemic concentrations, compared with conventional TACE

By Product Type

  • Chemotherapeutic Agents: Held the largest market share in 2018. Doxorubicin, cisplatin, and mitomycin are most commonly used in the TACE procedure. Doxorubicin is the most widely used chemotherapeutic agent for TACE of HCC. The dose of doxorubicin generally ranges from 30 to 75 mg/m2
  • Radiotherapeutic Agents: TACE with radiotherapeutic agents is the most expensive treatment for liver tumors.
  • Drug-eluting Particles: Drug-eluting beads have been imposed as novel drug-delivering agents for TACE. DC Beads is one of the most commonly used Drug-eluting beads. These beads are nonbiodegradable PVA microspheres, loaded with calibrated doxorubicin

By End-User

  • Hospitals & Clinics: It holds the largest market share that can be attributed to an increase in the number of patients afflicted by HCC, coupled with a rise in a number of hospitals, and quality care, and availability of skilled and qualified professionals.
  • Cancer Research Centers: This is the fastest-growing segment due to increasing research funding for the development of effective treatment of HCC

By Region

  • Americas: The region holds the largest share of the market. The 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.
  • Europe: The European transarterial chemoembolization (TACE) market has been classified as Western Europe and Eastern Europe. The Western European market has further been categorized as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
  • Asia-Pacific: The market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The Asia-Pacific transarterial chemoembolization (TACE) market is projected to be the fastest-growing during the forecast period.
  • Middle East & Africa: The market in the Middle East & Africa has been divided into the Middle East and Africa.

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