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Peripheral Artery Disease Market Will Watch a Sensational Development by 2023: Industry Assertions by MRFR
MRFR is the Leading Brand in The Research Company who Recently Published Peripheral Artery Disease Market Research Reports which includes Study of growth, Regional Analysis, Top Industry Players Formation, Major Drivers, Upcoming Trends and Forecast to 2023.
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Industry Leading Players:
Boston Scientific Corporation, KONINKLIJKE PHILIPS N.V, Abbott, Medtronic, B. Braun Melsungen AG, TERUMO CORPORATION, Becton, Dickinson and Company (BD), Sanofi S.A., Johnson & Johnson Services, Inc., AstraZeneca Plc., Angioscore, Inc., Bristol-Myers Squibb Company, Betagenon AB, Proteon Therapeutics, Inc., Merck & Co., Inc., Bayer HealthCare Pharmaceuticals, Symic Bio, Inc., CardioVascular BioTherapeutics, Inc., AnGes, Inc., TheraVasc Inc., Smith & Nephew plc, Stryker Corporation, Cook Medical, Cordis, Aspen Surgical Products, Inc., Alcon Laboratories, Inc., Zimmer Biomet Holdings, Inc., and others are some of the prominent players at the forefront of competition in the peripheral artery disease market and are profiled in MRFR Analysis.
Peripheral Artery Disease Market - Overview:
The peripheral artery disease market is growing mainly due to rising prevalence of arterial diseases. According to a recent study report published by the Market Research Future, the peripheral artery disease market is booming and expected to gain prominence over the forecast period. The market is forecast to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2023).
Peripheral artery disease, also known as peripheral vascular diseases or peripheral Occlusive diseases, is a narrowing of the peripheral arteries due to deposition of plaque or cholesterol on the walls of artery. The most common symptoms of the disease includes painful cramping in hip, thigh or calf muscles, coldness in lower leg or foot, Hair loss or slower hair growth, no pulse or a weak pulse in legs or feet, sores on toes, feet or legs, and erectile dysfunction in men. Peripheral artery disease is mostly caused by atherosclerosis in the peripheral arteries. In atherosclerosis, plaque becomes brittle, and triggers clot formation which further narrow the artery, or completely block it.
Notably, rising research and development expenditure is the primary driver for peripheral artery disease market. In the year of 2016, the R&D expenditure in the Pharmaceutical Industry was EUR 35000 million, suggested by European Federation of Pharmaceutical Industries and Association. According to the Centres for Disease Control and Prevention, the per capita national health expenditures in 2015 was amounted to be USD 9,990 and total national health expenditure was USD 3.2 trillion. It is also reported that out of total national health expenditures in the US, prescription drugs 10.1% share.
Other push factors such as, rising prevalence of arterial diseases, and related complications, increasing awareness among the people, changing reimbursement policies, and growing geriatric population are also fuelling the growth of the market. As per the Pacific Bridge Medical, the government of China partially reimburses the cost of many drugs, provided the drug is in the list of China’s National Reimbursement Drug List (NRDL) which was first published in 2000. According to the Indian Brand Equity Foundation (IBEF), in 2016 the generics market of India stood at USD 26.1 billion.
Despite these drivers, presence of misbranded and spurious drugs, risk of infections, and side effects associated with treatment options are expected to hinder the growth of the market.
Peripheral Artery Disease Market - Competitive Analysis:
The peripheral artery disease market is currently dominated by various players. Due to rising research and development expenditure various existing and new marketers are continuously coming up with advanced drugs to control this condition. The global peripheral artery disease market is currently dominated by numerous players.
Abbott is one of them by holding a strong share in the market. The company is a global leader that develops and manufactures pharmaceuticals and medical products. In 2017, the company entered into an agreement with Roxwood Medical for U.S. product distribution, and completed the acquisition of St. Jude Medical. In the year 2014, Abbott acquired Topera, Inc., a private, venture-backed medical device company to expand the catheter business. The significant strategies adopted by company is to merge with other market players to expand their portfolio in different business sectors, and to receive product clearance approval from government bodies.
Medtronic is another renowned market player in peripheral artery disease market. Medtronic is one of the world's largest standalone medical equipment development company. The company offers a distinct portfolio of products such as Euphora Semicompliant Balloon Dilatation Catheter, NC Euphora Noncompliant Balloon Dilatation Catheter, NC Sprinter RX/ OTW Noncompliant Balloon Dilatation Catheter, and others.
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Genetic Engineering Market Analysis, Size, Scope, Stake, Progress, Trends and Forecast to 2027
Market Synopsis:
The global genetic engineering market is predicted to generate 14.5% CAGR during the forecast period (2018–2027) owing to the augmenting technology for gene therapy, asserts Market Research Future (MRFR). Genetic engineering is the manipulation of genes of a species or an organism in order to enhance its abilities. This particular technology is generally used by the biotechnology and pharmaceutical companies and by the clinical research organizations. Gene therapy is one of the most widely used applications for treating cancer along with other infectious diseases in medicine.
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Drivers and Constraints Impacting the Market:
With the widespread use of genetic engineering in the developed nations, augmenting technologies for gene therapy, high adoption of genetic engineering in medicine, and special attention towards stem cells, the global market for genetic engineering is considered to propel during the forecast period. Genetic engineering is considered to be an emerging trend in the medicine sector. For instance, organisms are used to produce insulin in order to treat patients suffering from chronic diseases like diabetes. Technologically advanced products are also used to treat several diseases. With rising funding for research and development activities of medical products, the market for genetic engineering is considered to propel during the appraisal period. Moreover, accelerating government funding coupled with the increasing number of genome projects are predicted to foster the market growth.
On the flip side, implementation of genetic engineering technology includes a huge amount of investment which is not affordable to all the medical organizations. This might pose a threat to the market growth during the appraisal period. Moreover, the dearth of trained professionals coupled with the adverse perception of the public regarding genetic research is considered to slow down the market growth globally.
Competitive Dashboard:
The prominent players operating the global genetic engineering market are Horizon Discovery Group Plc. (UK), Lonza Group Ltd. (Switzerland), Sangamo Therapeutics Inc. (US), Merck KGaA (Germany), Amgen Inc. (US), Genscript Biotech Corporation (US), Genentech Inc. (US), New England Biolabs (U.S), Origene Technologies Inc. (US), Thermo Fisher Scientific Inc. (US), Transposagen Biopharmaceuticals Inc. (US)., Integrated DNA Technologies Inc. (US), and others.
Global Genetic Engineering Market: Segmental Analysis:
The global genetic engineering market has been segmented on the basis of product, devices, techniques, application, and end-user.
By mode of product, the global genetic engineering market has been segmented into genetic markers and biochemical.
By mode of devices, the global genetic engineering market has been segmented into PCR, gel assemblies, and gene gun.
By mode of techniques, the global genetic engineering market has been segmented into gene splicing and artificial selection.
By mode of application, the global genetic engineering market has been segmented into medical industry and agriculture, forensic science, and others.
By mode of end-users, the global genetic engineering market has been segmented into academic institutes, research institutes, pharmaceutical industries, and others. Among these, the pharmaceutical segment is likely to occupy the largest market share owing to the rising prevalence of cancer and infectious diseases.
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Regional Insights:
Geographically, the genetic engineering market spans across regions namely, Europe, America, Asia-Pacific, and the Middle East & Africa.
Among all the regions, the American region is anticipated to dominate the global genetic engineering market and is estimated to retain its dominance throughout the appraisal period. The growth is credited to the augmenting use of genetic engineering in the form of gene therapy, rising incidences of neurological disorders such as dementia and Alzheimer’s, and the prevalence of cancer. Moreover, the augmenting awareness associated with the use of stem cells is also predicted to influence the market growth in this region to a great extent.
The European region is expected to exhibit a significant growth rate owing to the extensive R&D activities in the field of genetic engineering and biotechnology. The market in this region is expanding dramatically and is anticipated to catch up with the American market soon.
The Asia Pacific region is anticipated to witness a steady growth rate owing to the rising aging population coupled with the increasing prevalence of infectious diseases, especially in nations such as Japan, Singapore, and China. Moreover, medical institutes in this region concentrate on the use of research activities and genetic engineering education and, thereby triggering the growth of the market throughout the assessment period.
Industry Updates:
January 22, 2019: Government investigators have recently confirmed a Chinese scientist who claimed to create the world’s first genetically engineered babies along with the existence of a second pregnancy carrying gene-edited embryo.
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Radiotherapy Market Analysis, Size, Scope, Stake, Progress, Trends and Forecast to 2023
The market Research Future has been published New Research Reports which is Radiotherapy Market & in This Report the Information has been provided like Market Analysis, Scope, Stake, Progress, Trends & Forecast which is making through primary and secondary research which is done by professional healthcare researcher.
Radiotherapy is generally used as a treatment for cancer. Around four out of every ten people are treated for cancer undergo radiotherapy. Normally together with other types of treatment including chemotherapy and surgery. Radiotherapy usually uses high power X-rays to destroy unwanted cells, such as cancer cells. The focus of radiotherapy is to destroy the unwanted cells and avoid damaging healthy cells as much as possible. The damages cell stops repairing itself when the cell is damaged through DNA and are broken down by the natural process of body. The radiotherapy treatment are less painful than the chemotherapy and surgeries. The radiotherapy also have some side effects along with it. The side-effects of radiation therapy are nausea, hair loss, skin problems, fatigue, appetite loss, diarrhea, fertility issues could potentially hamper radiotherapy devices market growth.
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The Radiotherapy Market will grow very rapidly at a rate of 7% CAGR during the forecasted period 2017-2023. The market is expected to reach USD 7 million from 4.5 million in 2016 during the forecasted period.
Segments:
The segmentation for the Radiotherapy Market is done on the basis of the treatment type and by application. On the basis of treatment type includes X-Ray, Gamma ray, External Beam radiotherapy, proton therapy, internal radiation therapy. The external beam radiotherapy segment is further sub-segmented into the treatment types which are 3D conformal radiation therapy, intensity modulated radiation therapy (IMRT), image guided radiation therapy (IGRT), Tomotherapy, Stereotactic radio surgery, and stereotactic body radiation therapy. On the basis of the application the segment are prostate cancer, breast cancer and lung cancer, ovarian cancer and thyroid.
Key players of Global Radiotherapy market:
Some of the Prominent players are involved in manufacturing of the Radiotherapy those are, GE Healthcare(UK), Siemens (Germany), Varian(India), Cardinal Health(US), Nordion(CA), Isoray(US), View ray (US), Fuji Holdings(Japan), Philips Healthcare (US), Shimadzu Corporation (Japan), Hologic (US).
Radiotherapy Market Regional analysis:
The Radiotherapy Market is segmented into four main geographic regions Americas, Europe, Asia-Pacific, and Middle East and Africa. America holds the larger market in the radiotherapy the market increasing due to the increasing advancement in the technology. Europe is another dominating region for the use of the radiotherapy. Asia-pacific region is growing at a rapid pace because of the increasing number of patients in the region. The number is increasing due to the more consumptions of tobacco is seen in this region. Middle East and Africa is slow growing segment because of the lack of awareness of the chronic diseases and the treatment facilities are also limited in this region.
Table of Contents
1 Introduction
2 Research Methodology
3 Market Dynamics
4 Market Factor Analysis
5 Global Radiotherapy Market Market, By Type
6 Global Radiotherapy Market Market, By Application
7 Global Radiotherapy Market Market, By Equipment
8 Global Radiotherapy Market Market, By Region
9 Competitive Landscape
10 Company Profile
11 Conclusion
12 Appendix
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Medical Holography Market Analysis, Size, Scope, Stake, Progress, Trends and Forecast to 2023
Increase in Research Activities with Significant Rise in The Adoption of Holography Products is anticipated to accelerate the Growth for the Global Medical Holography Treatment Market
The market for Medical holography will grow very rapidly at a rate of 32% CAGR during the forecasted period 2017-2023. The market is expected to reach USD 3.5 billion during the forecasted period.
Global Medical holography Market - Overview
A holography is a method of producing a three-dimensional image of an object using an interference pattern. The existing 3D technologies such as 3D-CT, 3D rotational angiography, 3D-ultrasound revolutionized medicine because they allowed doctors to see an individual patient's anatomy without cutting into the body. The exceptional penetration rate of holography products is attributable to the natural benefits of this technology over conservative alternatives, which influence companies to work further toward developing these products for subsequent commercialization.
The global medical holography market is majorly driven by factors such as rapid adoption of holography technology by medical fraternity for applications such as medical education, dentistry, orthopedics, increasing applications of holography in diagnostic imaging to visualize complex 3D structures in human body and biomedical research recent technological advancements in holography products are expected to significantly contribute to the growth of the market throughout the forecast period.
Technological advances in hologram recording techniques in the recent years and the availability of tools for interpretation of holographic interferograms should boost its usage in the field of urology, pathology, ophthalmology, and orthopedics. Moreover, endoscopic holography should emerge as a powerful tool for non-contact high resolution and non-invasive measurements inside the human organs.
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Real View Imaging (Israel), Echo Pixel (CA), Integraf (USA), Royal Philips (Netherland), Zebra imaging, Eon Reality (US), Nano live SA (Switzerland), Holoxcia (Engalnd), Lyncee Tec (Switzerland), Mach 7 Technologies, General Electric Company, DPL Industri A/S Denmark, Olomagic, Arnold Herzig GmbH and others are some of the prominent players at the forefront of competition in the global medical holography treatment market and are profiled in MRFR Analysis.
Industry updates:
Nov, 2016 Holoxica Limited introduced a holographic 3D digital human anatomy atlas prototype for neuroscience. This product impacted medical science giving neurosurgeons and clinicians insights into identifying, diagnosing and treating a wide range of neurological conditions.
Dec, 2015 Japan scientists developed touchable holograms, which are to be adopted in wide range of applications in the future, to enable improved demonstration of biological processes and procedures.
Nov, 2015 Zebra Imaging acquired Rattan, a software-consulting firm. This acquisition was carried out to accelerate the integration of advanced 3D light-field technology in their array of holographic display products.
Dec, 2014 Bristol University developed a touchable holographic display through the generation of air disturbances using ultrasound to create 3D haptic shapes.
Oct, 2014 Zebra Imaging entered into a partnership with Zygote Media Group to develop advanced 3D biomedical models to visualize human anatomy.
Oct, 2013 RealView Imaging Ltd. and Royal Philips completed an assessment of live 3D holographic imaging, which facilitates 3D interaction and facilitates minimally-invasive structural heart disease procedures.
Sept, 2012 Zebra Imaging, Inc.’s digital print technologies have proven useful in medical, military, retail, and other commercial disciplines. This acquisition will add new products to HoloTech AG’s product portfolio, which will also help the company to expand its presence in holographic digital print operations.
Global Medical holography Market – Regional:
Geographically, the regional market is segmented into America, Europe, Asia Pacific, and the Middle East & Africa.
America accounts the larger market for the hologram machines. As the early adoption of new technologies and more R&D is being carried out in this region. North America is the largest market for the hologram machines which is led by the United States. The adoption of new technology is more in this region as the research and development is also more and developing day by day.
Europe is the second largest market as it also has the advanced technologies and its own R&D. The region is also having its own set of regulations for the medical regulations. The expenditures are also more by the government bodies for the healthcare and adoption for the new and sophisticated technologies.
The Asia-Pacific region is witnessing fast growth in this region because of the rising factors such as healthcare spending, improving healthcare infrastructure in developing economies such as China, India, and South Korea, and growing awareness regarding the usage of holography products in medical applications.
The Middle East and Africa region is growing slowly due to factors like large number of unskilled labours, illiteracy is more, and economic development is slow.
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Vascular Stents Market Size, Growth and Foresight to 2023: illuminated by new report
Market Research Future published a Half-Cooked Research Report on “Global Vascular Stents Market Research Report - Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Global Vascular Stents Market - Overview
Vascular stents are tiny tube like medical devices which are places into blood vessels or arteries to open the blockage in the vessels. Vascular stent is the valuable tool for the treatment of the different coronary diseases. Vascular stents are used to widen the narrow vessels so as to minimize the chances of heart attack and chest pain. This stents are prepared from variety of material. According to the WHO, approximately 18 million people died from cardiovascular diseases in 2014. Increasing number of people suffering from cardiovascular diseases is responsible for the driving the market. Additionally, globally 39% of adults aged 18 years and over were overweight whereas 13% were obese. Technological advances and increasing obese population is also contributed in the growth of the market. Other advantages like low risk of infection and short recovery time will also drive the market. However availability of alternative therapy and high cost of ventricular stents may restrain the growth of the market.
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Global Vascular Stents Market - Competitive Analysis
Boston Scientific Corporation (US), Abbott Laboratories (US), Medtronic, Plc (UK), Cook Medical (US), Biotronik se & co. kg (Germany), B. Braun Melsungen AG (Germany), Cordis (US), Lombard Medical Technologies (UK), Translumina GmbH (Germany), MicroPort Scientific Corporation (China), Terumo Corporation (Japan), Vascular Concepts (India), W.L. Gore & Associates (US), Meril Life Sciences Pvt. Ltd. (India) are some of the prominent players at the forefront of competition in the Global Vascular Stents Market and are profiled in MRFR Analysis.
Many companies are focusing on research and development activity to improve the vascular stent products. Major companies are focusing on the development of biodegradable stents to overcome the disadvantages of other available stents. Some major has adopted strategies of acquisitions and strategic alliances for the growth of the market.
Abbott Laboratories is one of the leading healthcare company headquartered in US. In June 2016, FDA has approved the Absorb bioresorbable Stent for heart. This stents is completely dissolve in the body and used in the treatment of heart complications. Company’s Esprit bioresorbable vascular scaffold is under clinical trials.
December, 2016 - Lombard Medical and MicroPort Scientific Corporation announced strategic partnership and investment agreement. This partnership allowed Lombard Medical to accelerate commercialization in global market with its two key products i.e Aorfix and Altura AAA. Aorfix, the only stent graft to hold global approvals to treat abdominal aortic aneurysms (AAA) with aortic neck angles up to 900, and Altura, a highly innovative stent graft that offers a simple and predictable treatment option for standard abdominal aortic aneurysms anatomy.
Boston Scientific Corporation is a global manufacturer and developer of medical devices headquartered in US. PROMUS Element Plus Stent, REBEL Stent System, SYNERGY Stent are some of the major products of the company. In 2014, company has launched Promus PREMIER Everolimus-eluting Platinum Chromium Coronary Stent System in Asia Pacific region. In 2015, worldwide sales of the company’s drug-eluting coronary stents were $1.074 billion as compared to $1.151 billion during 2014.
Medtronic is a medical device manufacturer headquartered in UK. It is the world's largest standalone medical technology development company. In 2015 company has develop Stent Graft System System for Endovascular Repair of Thoracoabdominal Aortic Aneurysms. Earlier company’s Resolute Drug-Eluting Stent has shown a very good performance in Diabetic Patients with Heart Disease. Medtronic market was increased by 7% in 2016 compared to 2015.
Cook Medical is an US headquartered company involved in the manufacturing of the medical devices. Approach, Bird's Nest, Advance are some of the major product of the company.
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Global Vascular Stents Market - Regional Analysis
Geographically, the global vascular stents market is segmented into four regions. Of which North America commands market for vascular stents due to increasing obese population in North America is the major factor for the growth of the market. Beside this increasing people suffering from various cardiovascular diseases and lack of exercise also contributed in the growth of the market. Europe accounts second largest vascular stents market. While Asia Pacific is the fastest growing market due to rapid development in technology and a huge patient suffering from different vascular diseases. However, The Middle East and Africa has the lowest market for medical robotics because of limited development in medical field.
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Medical Waste Management Equipment Market Dynamics, Major Companies Analysis and Forecast 2023
Market Overview:
The Global Medical Waste Management Equipment Market is expected to mushroom in size and reach a significant valuation by the end of the forecast period of 2017-2022, reveals Market Research Future (MRFR) in a minutely analysed research report. High incidences of infectious and chronic diseases coupled with the growth of the healthcare industry are propelling the growth of the market. As more hospitals and healthcare realize the importance of efficient biomedical waste management, the global waste management market is gaining traction. Exposure to harmful pollutants caused by improper disposal of medical waste marks the necessity for medical waste management and growing awareness about waste disposal, and the intrinsic effects of medical waste have been pivotal in driving the growth of the market. Medical wastes are associated with risks to healthcare staffs, patients, and the community which attracts more substantial attention of the government and regulatory authorities. Stringent rules adhering to the disposal of biomedical wastes to curb the harmful effects on the environment drives the market significantly. The rise in a number of hospitals and other medical establishments which generate a vast amount of medical waste boost the growth of the market. The scarcity of land for medical waste disposal necessitates the installation and usage of waste disposal equipment and contributes to the market growth. Advancement in the waste management techniques such as steam autoclave system and medical waste tracking which are suited to medical waste management and easier to implement also support the market growth. Medical waste management equipment involves high capital investment which is likely to restrict the growth of the market. Other limiting factors include lack of strong medical waste management policy, lack of awareness, dependence on landfill disposal methods and lethargic adoption of technology.
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Competitive Landscape:
The eminent players in the Global Medical Waste Management Market include MedPro Medical Waste Disposal (US), Waste Management Inc. (US), Stericycle Inc. (US), Clean Harbors (US), and Republic Services Inc. (US).
Segmentation:
The Global Medical Waste Management Market has been segmented based on types of waste, type of product, and treatment. By type of waste, the market has been segmented into infectious waste, non-infectious/hazardous waste, radioactive waste, medical disposables. By type of product, the market has been segmented into autoclave, sterilization equipment, microwave, others. By method, the market has been segmented into recycling, disposal, mechanical/chemical disinfection, irradiation, and others.
Regional Analysis:
The Global Medical Waste Management Equipment Market spans across the regions of North America, Europe, Asia Pacific and the Middle East & Africa. The North America market for medical waste management is thriving and strong owing to stringent regulatory frameworks pertaining to commercial and medical waste disposal management. Additionally, a robust healthcare sector provides room for market expansion in the region. The Europe market is stable and stores potential growth opportunities. Asia Pacific market is slated to emerge as the fastest growing market for medical waste management equipment. Rising social awareness, rising government initiatives for conservation of the environment and high expenditure on waste disposal would be pivotal in shaping the Asia Pacific market. The Middle East & Africa market is expected to exhibit sluggish growth due to lack of awareness and funds to implement such systems, especially in the weak economies of Africa.
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Industry Updates:
In July 2018, MFI Medical Equipment, Inc. (MFI) and MedPro Disposal, LLC., (MedPro) entered into a strategic partnership to provide their clients with substitute solutions for their required services.
August 2018 - TerraCycle has created sharp containers and shipping cartons systems which are puncture-resistant and are approved by UPS and the US Postal Service. This new addition to Terracycle's offerings provide as an alternative to incineration and provide contaminant exposure protection and high-efficiency material recovery.
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Telemedicine Market– Global Industry Insights, Size, Share, Trends, Outlook Analysis 2019–2023
Increasing Prevalence of Chronic Diseases to Augment the Global Telemedicine Market During the Forecast Period (2014-2023)
Market Scenario
The Global Telemedicine Market is presumed to garner USD 56,738.3 during the forecast period (2014-2023). The market is expected to project 16.8% CAGR owing to the prevalence of chronic diseases, asserts Market Research Future (MRFR). Telemedicine is referred to as the remote delivery of healthcare services like consultations over teleconference or telecommunication, which enables healthcare professionals to diagnose, evaluate, and treat patients. It serves as a provision for several remote clinical services which helps in the two-way communication between the patient and healthcare provider.
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Competitive Dashboard
The prominent players operating the Global Telemedicine Market are Iris Telehealth, Cardiocom, AMD Global Telemedicine Inc., Cisco, Aerotel Medical Systems Ltd., Cerner Corporation, Tunstall Healthcare, Honeywell Lifesciences, CareClix, GENERAL ELECTRIC, Care Innovations, CardioNet, SHL Telemedicine, Allscripts Healthcare Solutions, Aerotel Medical Systems, TeleVital, Koninklijke Philips N.V., Intel Corporation, Medvivo Group Ltd., IBM Corporation, Medtronic, and others.
Drivers and Constraints Impacting the Market
With the increasing adoption of electronic medical record and electronic health record, the global telemedicine market is likely to flourish during the assessment period. Growing incidences of chronic diseases such as cancer and diabetes coupled with the increasing demand for improving the healthcare services are boosting the market. Healthcare organizations are also adopting digital healthcare platforms in order to enable remote monitoring of the patients. Remote monitoring will foster the efficiency of operations and will also reduce the cost. Moreover, such technology platforms provide a wide range of healthcare needs such as clinical disease support, chronic disease management, and population health management. Such benefits are further considered to stimulate the market growth of telemedicine in the coming years.
On the flip side, high cost of implementing telemedicine systems such as EHR and EMR is considered to retard the global telemedicine market. Strict regulations associated with telemedicine are anticipated to hinder the growth across the globe. Moreover, lack of technical expertise and underdeveloped infrastructure in the developing countries acts as a barrier to the growth of the market.
Global Telemedicine Market: Segmental Analysis
The Telemedicine Market is segmented on the basis of component, service type, application, deployment, end-user, and region.
By mode of service type, the Global Telemedicine Market has been segmented into telepharmacy, telenursing, teledermatology, teleradiology, tele-oncology, and others.
By mode of component, the Global Telemedicine Market has been segmented into hardware and software. Among these, the software segment has been sub-segmented into standalone software and integrated software. The hardware segment has been sub-segmented into medical peripheral devices and monitors.
By mode of deployment, the Global Telemedicine Market has been segmented into on-premise and cloud-based. Among these, the cloud-based deployment holds the major market share and is estimated to maintain its dominance over the forecast period.
By mode of application, the Global Telemedicine Market has been segmented into ophthalmology, cardiology, radiology, psychiatry, dermatology, and others.
By mode of end-users, the global telemedicine market has been segmented into homecare, hospitals, and clinics.
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Regional Insights
Geographically, the telemedicine market span across regions namely, America, Europe, Asia Pacific, and the Middle East and Africa.
Among all the regions, America is considered to dominate the Global Telemedicine Market owing to the increased adoption of healthcare IT and a well-developed healthcare sector in this region. Also, the presence of major market players coupled with increasing expenditure on healthcare is considered to stimulate the market growth in this region.
Europe holds the second position due to the rising adoption of latest technologies along with growing government support to address the healthcare demands. The Asia Pacific region is the fastest growing region owing to the presence of huge patient population. Also, with the expanding telemedicine sector, the market is likely to flourish in this region. Also, the presence of developing countries such as Australia, India, and China are expected to augment the growth of the market.
Industry Updates
November 08, 2018: A leading owner and operator of medical cannabis and wellness clinics in the US, Empower Clinics Inc, has recently announced that it is completing a telemedicine platform that will allow interested patients across the globe to connect with its specialized medical doctors.
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Blockchain Technology in Healthcare Market Opportunities and Analysis of Top Key Player Forecasts To 2023
Market Synopsis
Market Research Future (MRFR) proposes that the global blockchain technology in healthcare market is likely to garner USD 42.06 million, grabbing a CAGR of 71.8% during the forecast period (2018-2023). Rising incidences of data theft in the healthcare sector are predicted to bolster the market growth. The blockchain is referred to as a decentralized platform system allowing the entry of real-time transaction. It enables the users to track all the activities which are carried out in the network and works as a digital ledger. The data is organized into blocks and are never stored in a single location. The data is accessible to everyone over the internet.
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Market Potential and Pitfalls
With the accelerating incidences of data theft in the healthcare sector, high adoption of blockchain technology, and increasing demand for inexpensive and easy-to-use data management tools, the global blockchain in healthcare is set to grow. For instance, in June 2018 a leading blockchain company in the U.K., The Guardtime had launched its health record platform working on blockchain technology. The augmenting incidences of data breaches in the healthcare sector and the increasing threat of counterfeit drugs are propelling the market growth across the globe. Moreover, the immutability and transparency of the distributed ledger technology are likely to foster the market in the coming years. The blockchain is stealing the spotlight in the healthcare industry owing to the strict mandates to safeguard consumer data and rising investment and funding in the blockchain arena.
Blockchain technology in the healthcare sector is likely to encompass humongous data of medical documents, records, images, lab reports, and transaction details which require a huge amount of storage space. Investors in the blockchain technology are aiding to the growth of the market as the knowledge of benefits is understood by the entrepreneurs. This is estimated to contribute to the market growth across the globe. Blockchain plays a crucial role in overcoming the challenges related to the legal systems. Advantages associated with the implementation of blockchain in healthcare are the elimination of the third-party intermediaries, the introduction of transparency, and streamlining operational procedures and large costs. Such factors are estimated to bolster the market growth in the coming years.
On the contrary, the deficit of universal standards and significant entity coupled with the lack of awareness regarding blockchain technology are some of the top barriers considered to deter the growth of blockchain technology in healthcare market throughout the appraisal period. Moreover, the limited linkage between the storage systems in healthcare along with lack of inoperability are some of the other factors considered to dampen the market growth in the coming years.
Competitive Dashboard
The prominent players operating the global blockchain technology in healthcare market are Farmatrust, Patientory, Chronicled, Factom, Pokitdok, Hashed Health, IBM, Isolve, Microsoft, Gem, Simplyvital Health, Blockpharma, Guardtime, Medicalchain, and others.
Global Blockchain Technology in Healthcare Market: Segmental Analysis
The global blockchain technology in healthcare market has been segmented on the basis of type, application, and end-user.
By mode of application, the global blockchain technology in healthcare market has been segmented into patient data management, supply chain management, clinical trials & data security, drug traceability, billing, claims adjudication, and others. Among these, the supply chain management is considered to occupy the largest market share owing to the accelerating number of counterfeit drugs in circulation coupled with the implementation of strict mandates like the Falsified Medicines Directive in Europe and the Drug Quality and Security Act in the U.S.
By mode of technology, the global blockchain technology in healthcare market has been segmented into permission less blockchains and permissioned blockchains.
By mode of end-users, the global blockchain technology in healthcare market has been segmented into healthcare service providers, pharmaceutical companies, healthcare consumers, and others. Among these, the pharmaceutical companies are estimated to occupy the largest share. The growth is credited to the strict mandates associated with healthcare supply chain management in regions like Europe and the U.S. which mandate the deployment of full, track-and-trace, and unit-level systems for the pharmaceutical products.
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Regional Insights
Geographically, the blockchain technology in healthcare market span across regions namely, Europe, America, Asia-Pacific, and the Middle East & Africa.
Among all the regions, the American region is estimated to dominate the global blockchain technology in the healthcare market. The growth is credited to the presence of a well-established healthcare infrastructure, high adoption of advanced technologies, and availability of large insurance holders and patient population in this region.
Europe is considered to occupy the second-largest position in the global market owing to the rising number of clinical trials with augmenting expenditure on R&D in the pharmaceutical industry. Moreover, with the increasing expenditure on healthcare coupled with the rising awareness regarding blockchain technology, the market is sure to flourish in this region.
The Asia Pacific region is predicted to expand at the fastest rate owing to the augmenting generic pharmaceutical industry in this region. Also, adoption of latest technology in the healthcare sector and rising investment in this sector is highly contributing to its growth.
Industry Updates
February 16, 2019: IBM has created a brand-new blockchain-based health utility network to summon a wide healthcare ecosystem in a shared and highly secured environment. Their aim is to allow the organizations to create, share, and deploy blockchain-based solutions that will further fuel the digital transformation.Market SynopsisMarket Research Future (MRFR) proposes that the global blockchain technology in healthcare market is likely to garner USD 42.06 million, grabbing a CAGR of 71.8% during the forecast period (2018-2023). Rising incidences of data theft in the healthcare sector are predicted to bolster the market growth. The blockchain is referred to as a decentralized platform system allowing the entry of real-time transaction. It enables the users to track all the activities which are carried out in the network and works as a digital ledger. The data is organized into blocks and are never stored in a single location. The data is accessible to everyone over the internet.Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/6475Market Potential and PitfallsWith the accelerating incidences of data theft in the healthcare sector, high adoption of blockchain technology, and increasing demand for inexpensive and easy-to-use data management tools, the global blockchain in healthcare is set to grow. For instance, in June 2018 a leading blockchain company in the U.K., The Guardtime had launched its health record platform working on blockchain technology. The augmenting incidences of data breaches in the healthcare sector and the increasing threat of counterfeit drugs are propelling the market growth across the globe. Moreover, the immutability and transparency of the distributed ledger technology are likely to foster the market in the coming years. The blockchain is stealing the spotlight in the healthcare industry owing to the strict mandates to safeguard consumer data and rising investment and funding in the blockchain arena.Blockchain technology in the healthcare sector is likely to encompass humongous data of medical documents, records, images, lab reports, and transaction details which require a huge amount of storage space. Investors in the blockchain technology are aiding to the growth of the market as the knowledge of benefits is understood by the entrepreneurs. This is estimated to contribute to the market growth across the globe. Blockchain plays a crucial role in overcoming the challenges related to the legal systems. Advantages associated with the implementation of blockchain in healthcare are the elimination of the third-party intermediaries, the introduction of transparency, and streamlining operational procedures and large costs. Such factors are estimated to bolster the market growth in the coming years.On the contrary, the deficit of universal standards and significant entity coupled with the lack of awareness regarding blockchain technology are some of the top barriers considered to deter the growth of blockchain technology in healthcare market throughout the appraisal period. Moreover, the limited linkage between the storage systems in healthcare along with lack of inoperability are some of the other factors considered to dampen the market growth in the coming years.Competitive DashboardThe prominent players operating the global blockchain technology in healthcare market are Farmatrust, Patientory, Chronicled, Factom, Pokitdok, Hashed Health, IBM, Isolve, Microsoft, Gem, Simplyvital Health, Blockpharma, Guardtime, Medicalchain, and others.Global Blockchain Technology in Healthcare Market: Segmental AnalysisThe global blockchain technology in healthcare market has been segmented on the basis of type, application, and end-user.By mode of application, the global blockchain technology in healthcare market has been segmented into patient data management, supply chain management, clinical trials & data security, drug traceability, billing, claims adjudication, and others. Among these, the supply chain management is considered to occupy the largest market share owing to the accelerating number of counterfeit drugs in circulation coupled with the implementation of strict mandates like the Falsified Medicines Directive in Europe and the Drug Quality and Security Act in the U.S.By mode of technology, the global blockchain technology in healthcare market has been segmented into permission less blockchains and permissioned blockchains.By mode of end-users, the global blockchain technology in healthcare market has been segmented into healthcare service providers, pharmaceutical companies, healthcare consumers, and others. Among these, the pharmaceutical companies are estimated to occupy the largest share. The growth is credited to the strict mandates associated with healthcare supply chain management in regions like Europe and the U.S. which mandate the deployment of full, track-and-trace, and unit-level systems for the pharmaceutical products.Browse Full Reports @ https://www.marketresearchfuture.com/upcoming-reports/blockchain-technology-healthcare-market-6475Regional InsightsGeographically, the blockchain technology in healthcare market span across regions namely, Europe, America, Asia-Pacific, and the Middle East & Africa.Among all the regions, the American region is estimated to dominate the global blockchain technology in the healthcare market. The growth is credited to the presence of a well-established healthcare infrastructure, high adoption of advanced technologies, and availability of large insurance holders and patient population in this region.Europe is considered to occupy the second-largest position in the global market owing to the rising number of clinical trials with augmenting expenditure on R&D in the pharmaceutical industry. Moreover, with the increasing expenditure on healthcare coupled with the rising awareness regarding blockchain technology, the market is sure to flourish in this region.The Asia Pacific region is predicted to expand at the fastest rate owing to the augmenting generic pharmaceutical industry in this region. Also, adoption of latest technology in the healthcare sector and rising investment in this sector is highly contributing to its growth.Industry UpdatesFebruary 16, 2019: IBM has created a brand-new blockchain-based health utility network to summon a wide healthcare ecosystem in a shared and highly secured environment. Their aim is to allow the organizations to create, share, and deploy blockchain-based solutions that will further fuel the digital transformation.
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Augmented Reality in Healthcare Market SWOT Analysis Of Top Key Player Forecasts To 2023
The market for augmented reality in healthcare is evolving pervasively mainly due to the proliferation of smart connected devices with the integration of AR. Moreover, factors such as the increasing investments in the AR technology by companies to make various medical devices and advent surgical procedures escalate the market on the global platform.
Acknowledging the pace at which the market is climbing up pervasively, Market Research Future (MRFR) in its recently published study report asserts that the global augmented reality in healthcare market will garner a valuation of approximately USD 1.32 BN by 2023, registering a striking CAGR around 23 % throughout the forecasting period (2017 – 2023).
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The extensive uptake of AR technology, increasing demand for more surgical treatments along with the increasing penetration of connected devices in the healthcare sector boosting the growth in the market to an extent. Also, the increasing investments in the augmented reality by companies to make various kind of devices such as handheld, head-mounted display, and others are fostering the growth of the market.
Additional factors propelling the market growth include rapidly increasing population and the improving economic conditions, worldwide that are increasing healthcare expenditure and the number of healthcare centers.
Furthermore, market penetration of smartphones, increasing numbers of mobile app stores, and growing investments in smart devices fuel the growth of the market. On the other hand, lack of technical awareness and technology restrictions are some of the key factors that are acting as a headwind to the growth of the augmented reality in the healthcare market.
Key Players
Some of the major players in global augmented reality in healthcare market include Microsoft Corporation (U.S.), Google LLC. (U.S.), DAQRI (U.S.), Wikitude GmbH (Austria), Mindmaze (Switzerland), Medical Realities (U.K), Augmedix (U.S.), Atheer (U.S.), Oculus VR (U.S.), Philips Healthcare (the Netherlands & U.S.), CAE Healthcare (U.S.), 3D Systems (U.S.), VirtaMed (Switzerland), Blippar (U.K), HTC (Taiwan), Magic Leap, Inc. (U.S.), Siemens Healthineers (Germany), Osterhout Design Group (U.S.) and Virtually Better (U.S.) among others.
Augmented Reality in Healthcare Markets – Segments
The MRFR analysis is segmented into four key dynamics for enhanced understanding.
By Component : Hardware, Software and others.
By Device Type : Head-Mounted Display, Handheld Device, and others.
By Application : Fitness Management, Medical Training & Education, and others.
By Regions : Asia Pacific, North America, Europe, and Rest-of-the-World.
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Augmented Reality in Healthcare Markets – Regional Analysis
The North American region, heading with the vast technological advancements and high per capita healthcare expenditures will continue its dominance over the global augmented reality in the healthcare market.
Factors encouraging the growth of the regional market include the huge demand led by the increasing adoption of consumer electronic devices. Moreover, factors such as the presence of the best medical facilities alongside the vast technological advancements and high per capita healthcare expenditures lead the regional market.
The presence of several well-established players that are well-capable of delivering a range technological solution and the substantial investments made by them are undoubtedly impacting the market growth positively.
The augmented reality in healthcare market in the European region is expected to account for the second-largest market, following the North American market closely. Factors escalating the growth of the regional market include technological advancement and the augmented adoption of smart connected devices among healthcare providers mainly in the UK, Germany, and France.
The resurging economy in Europe is playing an important role in the growth of the market, increasing consumers’ purchasing power and per capita healthcare expenditures.
The Asia Pacific region, heading with the high uptake of technology, is rapidly emerging as a profitable market for the augmented reality in healthcare. The ongoing trend of digitalization of patient records among healthcare organizations is one of the key driving forces behind the growth of the market in this region.
The market in India, China, and Japan heading with the augmenting demand for augmented reality in healthcare, increasing healthcare expenditures, and the increasing number of healthcare software solution providers predominantly contributes to the growth of the regional market.
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Healthcare Artificial Intelligence Market 2023- Market Size, Analysis, Share, Research, Growth
Market Scenario
The Global Artificial Intelligence in Healthcare Market is presumed to register 51.9% CAGR during the forecast period (2018-2023) owing to the growing adoption of AI solutions among the healthcare providers, asserts Market Research Future (MRFR). Artificial intelligence (AI) is regarded as the next frontier for healthcare innovation. In the healthcare sector, artificial intelligence is being applied for sorting structured and unstructured data. Potential of AI spans across healthcare verticals. AI is considered to play a vital role in overcoming some of the toughest hurdles being faced by healthcare providers.
Competitive Dashboard
The prominent players operating the global Artificial Intelligence in Healthcare market are Google, General Electric, IBM Watson Health, Microsoft Corporation, Intel Corporation, DEEP GENOMICS, Koninklijke Philips N.V., General Vision, NVIDIA Corporation, CloudMedx Inc., Next IT Corp., and Stryker.
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Drivers and Constraints Impacting the Market
The augmented focus on the use of artificial intelligence in the healthcare sector in the recent past. The adoption of AI solutions in the healthcare sector is growing rapidly owing to the growing number of healthcare applications of AI coupled with its rising demand for medical research. AI is also being employed in clinical laboratories, hospitals, and research facilities, which is further contributing to the growth of the market during the assessment period. Broader applications of AI and technological advancements in deep learning have further led to its increased adoption in the healthcare sector across the globe.
Technological companies are highly investing in the development of AI for research and healthcare, which is further boosting the market growth. Moreover, AI in the healthcare sector is being used for prognosis, diagnosis, and therapy, thereby stimulating its growth during the appraisal period. AI has also developed several applications across the healthcare sector, such as delivery of health services, detection of diseases, drug discovery, and management of chronic conditions. AI in the healthcare sector ensures effectiveness and efficiency, which is further considered to trigger its adoption in the coming years. AI also enables the healthcare sector to overcome the crisis of human resource by providing productivity through automation of complicated tasks. Such factors are presumed to contribute to the market growth.
On the flip side, the high cost associated with the implementation of AI in the healthcare sector coupled with the stringent guidelines regulating AI are some of the major concerns considered to dampen the market growth during the appraisal period.
Global Artificial Intelligence in Healthcare Market: Segmental Analysis
The global Artificial Intelligence in Healthcare market has been segmented on the basis of component, application, technology, end-user, and region.
By mode of component, the global Artificial Intelligence in Healthcare market has been segmented into software, hardware, and services.
By mode of application, the global Artificial Intelligence in Healthcare market has been segmented into virtual nursing assistant, robot-assisted surgery, clinical trial, dosage error reduction, automated image diagnosis, and preliminary diagnosis. Among these, the robot-assisted surgery segment is considered to hold the most significant share in the global market owing to the flexibility and high precision assured by robot-assisted surgeries while performing complex procedures.
By mode of technology, the global Artificial Intelligence in Healthcare market has been segmented into querying method, machine learning, and natural language processing. Among these, the machine learning segment is considered to demonstrate the highest CAGR owing to the ability to handle multi-dimensional data while facilitating a reduction in the process time cycle.
By mode of end-user, the global Artificial Intelligence in Healthcare market has been segmented into pharmaceutical & biotechnology companies, hospital & diagnostic centers, and academic & research laboratories. Among these, the hospital & diagnostic centers segment holds the largest market share owing to the extensive application of healthcare AI in robotic surgeries and diagnostic imaging.
Regional Insights
Geographically, the Artificial Intelligence in Healthcare market span across regions namely, Europe, America, Asia Pacific, Latin America, and the Middle East & Africa.
Among all the regions, America is predicted to dominate the global Artificial Intelligence in Healthcare market due to the growth witnessed in the biotechnology industry, presence of a developed healthcare sector, and rising cases of robotic surgeries.
The European region has secured the second position across the globe and is considered to garner USD 3453.4 million during the appraisal period. The growth is attributed to the extensive research and development activities for healthcare AI. Also, increased funding is responsible for catalyzing the proliferation of the regional market.
The Asia Pacific region is predicted to strike a relatively higher CAGR owing to the increasing therapeutic demand for chronic diseases coupled with the fast-developing healthcare sector.
Industry Updates
December 25, 2018: By harnessing digital health data, artificial intelligence, and deep learning, Shefayim-based health care start-up Zebra Medical Vision is aiming towards identifying the exotic diagnoses; the zebras by offering radiologists with high-performance algorithms in order to identify accurately and prevent breast, lung, cardiovascular, liver, and bone diseases.
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Radiology Information System Market to See a Glorifying Development by 2023: Foresees MRFR
Radiology Information System Market Can Expect to Exceed $1100 Mn Valuation by 2023: MRFR
Radiology information system Overview:
The radiology information system market is drifting towards an unprecedented market valuation with a growth that is almost double of its 2017 valuation. The technology has stirred a lot of feathers in recent times with its revolutionary impact in the healthcare sector. Its impact can be felt in the imaging technology mostly where the physicians now mostly rely on the radiology imaging as its accuracy is better than the rest available in the market. The workflow has become much smoother in the radiology units due to the advents in a radiology information system. Integration of computer has further helped in sharing reports and better coordination which eases the process of diagnosis or treatments. The global radiology information system market can expect a rise up to USD 1100 million with an impressive 8.20% CAGR during the forecast period (2018-2023). Market Research Future’s (MRFR’s) report on the same provides some insights on the segmental analysis and drivers that can veer the radiology information system market towards better prospect.
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Cloud technology is expected to take the radiology information system market further ahead in the coming years. The system requires bulk data storage which can work offline as well. Cloud provides easy sharing and storage of bulk data. At the same time, non-invasive diagnostic and curative means are getting traction due to which the radiology information system can experience much preference in the healthcare sector. Escalating investment in the healthcare sector can open up avenues for the radiology information system market which can lead to better prospects in the coming years.
However, risks are also several as storing information on a cloud platform can attract the attention of the online hackers. A data breach can make individuals vulnerable to potential threats. This can prove to be a significant irritant for the radiology information system market.
Most Prominent Industry Key Players:
Companies making a name for themselves in the radiology information system market are IMAGE information systems, Ambra health, Advanced data systems corporation, Carestream Health, eRAD, Epic systems, PERFECT Imaging, LLC, IBM Watson health, Allscripts healthcare solutions, Cerner Corporation, Medinformatix, Inc, Bayer AG, Koninklijke Philips N.V, GE healthcare, and NextGen Healthcare.
Segmentation:
The radiology information system market can be segmented by component, type, end-user, deployment, and region.
Deployment-based segmentation of the radiology information system market consists of on-premise and cloud-based/web-based.
Type-wise segmentation of the radiology information system market comprises standalone radiology information system and integrated radiology information system.
Based on the end-users, the radiology information system market can be segmented into research & academic institutes, hospitals & clinics and others.
Component-wise segmentation of the radiology information system market consists services, software, and hardware.
Regional Segmentation:
Region-specific analysis of the radiology information system market includes namely Asia Pacific (APAC), the Americas, the Middle East & Africa (MEA) and Europe.
The Americas is driving the market forward at present. The trend is expected to remain the same during the forecast period. This can be attributed to the cost-effectiveness of EHRs, technological advancement level, rising investment in the healthcare sector and increasing adoption of cloud computing and web-based solutions to facilitate procedures & simplify workload.
Europe and the APAC can become profitable growth pockets for the radiology information system market. The regions together control almost a 74.8 % share of the global market. The APAC region is enjoying the bliss of countries investing much in the healthcare sector to evolve as a possible medical tourism hub. Pharmaceutical companies are also eyeing for expansion in the region as it offers business prospects with minimal investment.
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Latest Industry Updates and Trends:
In 2018, Philips unveiled their latest IntelliSpace Discovery 3.0 that is a comprehensive, open platform where Artificial Intelligence gains prominence in radiology, and it enables radiologists to aggregate, normalize and anonymize data. This data can later be analyzed with algorithms.
In November 2018, QT Ultrasound launched eRAD RIS and PACS that can be considered the best possible breast imaging system with high-resolution transmission ultrasound images, without compression or radiation.
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Orphan Diseases Market Will Observe a Phenomenal Growth by 2023: Industry Affirmations by MRFR
MRFR is the Leading Brand in The Research Company who Recently Published Orphan Diseases Market Research Reports which includes Study of growth, Regional Analysis, Top Industry Players Formation, Major Drivers, Upcoming Trends and Forecast to 2022.
Market Scenario:
Global Orphan Diseases Market also known as rare disease is growing rapidly. It affects a very small percentage of the global population. Most of the orphan diseases are genetic and is remains throughout the life of the patient. There are no exact number of diseases available but approximately there are about 7000 different rare diseases and disorders throughout the globe. Global orphan diseases market is expected to grow at the average CAGR of 24.9% constantly throughout this period 2015-2022. It is also expected that this market which was US$ 121.6 billion in 2015 will grow to US$ 576.9 billion by 2022.However due to lack of awareness, correct diagnosis, correct treatments and availability of healthcare facilities are inhibiting the growth of the global orphan diseases market.
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Key Players for Global Orphan diseases Market:
Some of the key players in this market are: Bristol-Myers Squibb Company (US), Novartis AG (Switzerland), CELGENE CORPORATION (US), F. Hoffmann-La Roche Ltd (Switzerland), Pfizer Inc. (US), Alexion (US), Sanofi (French), Vertex Pharmaceuticals Incorporated (US), GlaxoSmithKline plc. (UK), Merck & Co., Inc (US), AbbVie Inc. (US)
Segments:
Global Orphan Diseases Market has been segmented on the basis of types of diseases which includes autoimmune disorders, genetic disorders, blood disorders, cancer, growth disorder, cardiovascular diseases, neurological disorders, respiratory disorders, digestive disorders, eye disorders and others. On the basis of treatment type it segmented into gene therapy, cell therapy, drug therapy and others. On the basis of end user the market is segmented into hospital and clinics, research laboratory and others.
Regional Analysis of Global Orphan diseases Market:
Considering the global scenario of this market, North American region is believed to be the largest market of the global orphan diseases market. Moreover the European market is also growing and is the second largest market for global orphan diseases. On the other hand, Asia-Pacific’s orphan disease market is expected to grow at a significant rate during the forecasted period. Rest of the World is likely to have a limited but steady growth with respect to this market.
Table of Content
1 Report Prologue
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Mega Trends
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
…Continued!
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Human Vaccines Market to Perceive an Aggrandizing Growth by 2022: Prognosticates MRFR
MRFR is the Leading Brand in The Research Company who Recently Published Human Vaccines Market Research Reports which includes Study of growth, Regional Analysis, Top Industry Players Formation, Major Drivers, Upcoming Trends and Forecast to 2022.
Market Scenario: A vaccine is a biological preparation which contains a weakened or killed microbial agent, its toxins or its surface proteins, which provides active acquired immunity against the disease caused by the microbe. The aim of vaccination is to stimulate and train the body immunity to recognize and destroy the microbial threat in later encounters. Vaccination is the most effective method of preventing infectious diseases and is largely responsible for eradicating many deadly diseases such as smallpox and the restriction of diseases such as measles, and tetanus.
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Middle East and Africa are laggards when it comes to immunization coverage. According to World Health Organization (WHO), out of the total number of children worldwide who did not receive the required three doses of diphtheria-tetanus-pertussis vaccines, more than 40% were from sub-Saharan Africa. Other nations with large unvaccinated population include Nigeria, Iraq, Chad, Niger, Angola, Somalia and Sudan. UNICEF estimates that in 2015, Central African Republic, Equatorial Guinea, Somalia, South Sudan, Syrian Arab Republic and Ukraine had less than 50%coverage of the third dose of diphtheria, tetanus and pertussis (DTP) vaccine. More than half of the unvaccinated children live in Democratic Republic of Congo, Ethiopia, India, Indonesia, Iraq, Nigeria, Pakistan, Philippines, Uganda and South Africa. Thus Middle East and Africa offer immense potential and opportunities for the vaccine market. Apart from the unmet needs for vaccination, second most important market driving factor are the policies of national Governments and international bodies such as World health organization (WHO). For example vaccine action plan of WHO along with huge funding from international bodies were responsible for driving the vaccine market to great heights in the past and also resulted in development and expansion of vaccine production capacities especially in developing states notably India. Other driving factors are increasing funds from philanthropy organizations such as Bill and Melinda Gates foundation, inclusion of several new vaccines in the national immunization schedule of many countries, development of new vaccines which includes vaccine for hepatitis, growing awareness of vaccination, growth of manufacturing low cost vaccines especially in developing countries, the entry of China in the vaccine market etc. The market’s constraints include falling profitability of vaccine, manufacturing, eradication of diseases such as smallpox which effectively eliminates the need for vaccine, side effects associated with vaccines, variability of efficacy of vaccines and difficulty of producing vaccines for microbes with high mutations such as HIV. The low profitability in vaccine manufacturing has reduced incentives for developing vaccines for diseases of the developing world such as tuberculosis and malaria.
The market’s trends include strong research pipeline under which number of novel vaccines are being developed such as rubella vaccine, ebola vaccine etc. DNA recombinant technology is also a common technology used in the development of novel acting vaccines. Taking all the factors into consideration, we expect the Middle East and Africa human vaccines market which was $ 2.8 billion in 2015 to reach around $ 5.46 billion in future, growing at a CAGR of 11.8%.
Key Players for Middle East and Africa Human Vaccines Market: Some of the key players in this market are GlaxoSmithKline Plc., Merck & Co. Inc., Pfizer, Inc., Sanofi Pasteur, Inc., AstraZeneca Plc., Bharat Biotech, Shenzhen Kangtai Biological Products, Valeant Pharmaceuticals, Emergent Biosolutions Inc., Astellas Pharma Inc., Panacea Biotec and others.
Segments:
Middle East and Africa human vaccines market has been segmented on the basis of technology which comprises attenuated, inactivated, toxoid, conjugate & subunit, recombinant DNA. On the basis of disease indication; market is segmented into pneumococcal, influenza, hepatitis, rotavirus, DTP, polio and others. On the basis of type the market is segmented into prophylactic and therapeutic. On the basis of composition market is again segmented into mono vaccine and combination vaccines. The route of administration segments the market into oral, injectable and other. Moreover on the basis of end user; market is segmented into children and adults.
Regional Analysis of Middle East and Africa Human Vaccines Market:
Depending on geographic region, human vaccine market is segmented into several countries: UAE is the largest market for human vaccines in the entire Middle East and Africa human vaccines market closely followed by Egypt. The rest of Africa’s market especially Sub Saharan regions are however the fastest growing market with a huge unmet medical needs.
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Capsule Market 2019 Analysis, Future Growth, Business Prospects and Forecast to 2023
Market Research Future has published a half-cooked research report on the Global Capsule Market.
Market Overview:
Capsules, in medical terms, refers to a shell or container that contains the drug. Capsules are dosage forms which are easier to swallow and are used when a particular drug cannot be compacted into a solid tablet. The capsule shells are generally made up of gelatin blends, a small amount of certified dyes, opaquants, plasticizers and preservatives. The capsules can also be made up of plant-based materials such as pullulan and starch. The Middle East and Africa capsule market is growing steadily. The capsule market is driven by factors such as rising consumer preference towards capsule-based formulations, increasing use of capsules in the pharmaceuticals and neutraceuticals industry, increasing demand for vegetarian and halal-based capsules. Ease of use, increasing geriatric population, the proliferation of pharmaceutical, nutraceutical and cosmeceutical industries, rising prevalence of infectious and chronic diseases, increasing investment in R&D activities and technological developments are other factors boosting the capsule market. Rising preference for hydroxypropyl methyl cellulose (HPMC) capsules and soft gelatin capsules are other factors spurring the market. Factors such as high cost of vegetable capsules, stringent regulatory approval policies, and higher cost of formulation and lower tamper resistance of capsules as compared to tablets are constraining the market growth. However, the principal reason impeding the market remains the outbreak of diseases such as bovine spongiform encephalopathy (BSE) which has made many European nations put a ban on bovine gelatin capsules. Scarcity and rising cost of raw materials and societal and religious norms regarding gelatin are major restraints to the capsule market. Another restraining factor is that in the Arabian Gulf region, there is a dearth of data on the characterization of capsules and an absence of guidelines for proper labelling which is a major problem. Development of instructions for labeling of capsules and use of structure/function statements and health claims should be addressed. The shift towards halal-based, HPMC and carrageenan, agar, and starch-based capsules are foreseen to reflect positively on the market.
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Competitive Dashboard:
The Middle East and Africa capsules market are highly competitive and fragmented. ACG Associated Capsules, Qualicaps, Roxlor LLC, Suheung Co. Ltd, Capsugel, Roxlor LLC, Medi-Caps and others are some of the major players operating in the market. The existing market players are aiming to consolidate their market presence by adopting various strategies such as mergers, innovations, product launches, partnerships, collaboration, and others.
Segmentation:
The Middle East and Africa capsule market has been segmented based on type, raw material, route of administration and end-user. By type, the market has been segmented into hard capsules and soft capsules. By raw materials, the market has been segmented into bovine, porcine and non-gelatin. By route of administration, the market has been segmented into oral and others. By end-users, the market has been segmented into pharmaceuticals and others.
Industry Updates:
The emerging trend in the global capsule market is the rising use of Hydroxypropyl methylcellulose (HPMC) capsules which are a new variety of capsules with superior physical and operational features.
Another emerging trend in the capsule market is the use of polymer capsules which provides a separate chemical environment to protect the capsule interior.
Activated charcoal capsules are the new addition to the global capsules market. This new trend is a powerful natural treatment that traps toxins and chemicals and helps flush them out of the body rather than reabsorbing them.
Regional Analysis:
UAE is dominating the capsule market in the Middle East and Africa and is closely followed by Egypt. The rest of Africa is projected to grow at a speedy rate owing to massive number of unmet medical needs. Prevalence of substandard capsules is a restraining factor to the market.
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Smoking Cessation And Nicotine De-Addiction Market Share, Statistics, Trends, Segmentation Analysis and Forecast to 2022
The report for Middle East And Africa Smoking Cessation And Nicotine De-Addiction Market by Market Research Future comprises extensive primary research along with detail analysis of qualitative as well as quantitative aspects given by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. we expect the Middle East And Africa Smoking Cessation And Nicotine De-Addiction Market to reach around $ 2108.38 million, by 2022 growing at a CAGR of 12.5%.
Smoking cessation and nicotine de-addiction are drugs and therapies used in the treatment of withdrawal symptoms associated with the cessation of nicotine. According to the World Health Organization tobacco kills around 6 million people each year and of these almost 5 million deaths are the result of direct tobacco use and approximately 600,000 are the result of passive smoking. Tobacco also derives its users of income, raises healthcare cost and hinder economic development.
Nicotine use also is a risk factor for many diseases and disorders such as cardiovascular diseases, cancer etc. Green tobacco sickness caused by nicotine absorption through the skin by the handling of wet tobacco leaves in tobacco industry is also a concern especially among children. Tobacco quitting assistance in the form of national cessation services with cost-coverage are available in only 24 countries, representing 15% of the world's population. Only 42 countries, representing 19% of the world's population, have instituted advertisement regulations such as pictorial warnings.
The other market driving factors include increasing desire and drives to quit smoking and active role of social and health organizations against tobacco use, the prohibitive costs due to high taxes leveraged on tobacco products, social stigma imposed on tobacco users etc. The other critical market driving factor is the huge number of unmet needs. The World Health Organization (WHO), estimates around 1,100 million smokers worldwide with emerging economies accounting for around 70% of the global smoker population.
The market trends include development of better products such as nicotine gums and patches, e-cigarette’s etc.
The market for Middle East and Africa smoking cessation and nicotine de-addiction was estimated to be around $ 1040 million in 2016. Taking all factors into consideration,
Key Players of Middle East and Africa Smoking Cessation and Nicotine De-Addiction Market: Some of the key players in this market are Pfizer Inc, VMR Products LLC, Johnson & Johnson, Novartis International AG, Cipla Inc., and GlaxoSmithKline plc. Nicotek LLC., and Lorillard, Inc. and others. Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/2737 .
Segments: Middle East and Africa smoking cessation and nicotine de-addiction products market has been segmented on the basis of treatment which comprises of pharmacological, therapies etc. On the basis of product type; market is segmented into drugs, inhalers, patches, sprays and gums and others. On the basis of distribution channels; market is segmented into pharmacies, online and de-addiction centers. Regional Analysis of Middle East and Africa Smoking Cessation and Nicotine De-Addiction Market UAE is the largest market in the entire Middle East and Africa smoking cessation and nicotine de-addiction products market closely followed by Egypt. Algeria and South Africa followed by Ethiopia are fastest growing markets in Africa. The rest of Africa market however has maximum population with unmet medical needs.
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Antifungal Treatment Market– Global Industry Insights, Size, Share, Trends, Outlook Analysis 2023
Market Research Future has added a report titled “Antifungal Treatment Market Research Report- Global Forecast till 2023” to its offering. The report provides an in-depth analysis of regional data and an accurate projection of the market size and share of the Top 10 market players across the globe.
Market Scenario:
The global Antifungal Treatment Market is expected to grow at a CAGR of 4.61% during the forecast period and is estimated to reach USD 19,558.0 million by 2023.
Fungal infections such as athlete's foot, ringworm infection, serious systemic infections, and others are spreading rapidly across the globe and a number of treatments are available to treat these diseases. Rising incidence of immunological disease and availability of a wide range of products have driven the growth of the global antifungal treatment market. Furthermore, rising awareness about side effects of traditional drugs and availability of new drugs favor the growth of the market.
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Key Findings:
Azoles segment in drug class held the largest market share in 2016, which was valued at USD 2,312.6 million in 2016
Systemic segment in therapeutics indication held the largest market share in 2016.
Asia Pacific region is expected to be the fastest growing market at the CAGR of 4.88% during the forecasted period.
Key Players in the Global Antifungal Treatment Market:
Novartis AG (Switzerland), Pfizer Inc. (U.S), Sanofi (France), Merck & Co., Inc. (U.S), Astellas (Japan), Bayer AG (Germany)
Segments:
The Global Antifungal Treatment Market has been segmented on the basis of drugs class, which includes azoles, pyrimidines, echinocandins, polyenes, allylamines, and others drugs.
On the basis of therapeutic indication, the market is segmented into systemic, candidiasis, coccidioidomycosis, and cryptococcosis.
On the basis of pathogen, the market is segmented into Candida, Aspergillus, Cryptococcus, Coccidioides immitis, Zygomycetes, Trichophyton, and others.
On the basis of end users, the market is segmented into hospitals & clinics, dermatology clinics and other users.
Regional Analysis of Global Antifungal Treatment Market:
Considering the global scenario of the market, the Americas accounted for a significant market share in 2016, which was valued at USD 5,539.4 million as a result of increasing prevalence of immunological diseases and rising healthcare expenditure.
Europe is the second largest market and holds a noticeable share in the global antifungal treatment market. The European market is expected to grow significantly during the forecast period owing to availability of advanced treatment facilities, skilled medical professionals, and adoption of new therapies.
Increasing prevalence of HIV in Asia Pacific region is the key factor for the market growth. Rising awareness about the antifungal treatment and availability of new treatment methods drive the market in Asia Pacific region. In Asia Pacific, the market shows growth opportunities in China and India. China is expected to be the fastest growing market with the CAGR of 5.24% during the forecasted period.
The Middle East & Africa is expected to show the least growth in this market due to some major factors such as lack of awareness about the anti-fungal treatment, limited access and availability of treatment facilities, low income etc.
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Big Data in Healthcare Market 2019 Global Trend, Segmentation and Opportunities Forecast To 2022
Market Research Future Published a Half-Cooked Research Report on Big Data in Healthcare Market Research Report.
Market Overview:
The Global Big Data in Healthcare Market is anticipated to reflect a positive growth trend in the forthcoming years and reach a significant valuation by the end 2027, reveals Market Research Future (MRFR) in a minutely analyzed research report. Big data in healthcare is gaining prominence as it can be used in the prediction of outcome of diseases prevention, reduce the cost of treatment, and prevent epidemics and in disease development. With the help of big data in predictive analysis, medical issues can be identified and addressed before it becomes an unmanageable problem. The global big data in healthcare market is largely driven by the need to cut down healthcare costs and improve patient outcomes and resource management. Technological advancements and deployment of the cloud is a crucial factor in encouraging the growth of the market. Moreover, with more number of medical procedures going digital, the need for big data in healthcare is surging. High investment in healthcare is a prime reason for the market growth. Deployment of big data by pharmaceutical and biotechnological companies for financial risk management, regulatory compliance management, and product cross-selling add fuel to the growth of the market. Several governments and healthcare agencies across the globe have endeavored to focus on the implementation of big data in healthcare in order to reduce costs, improve outcomes and provide affordable treatment which has further driven the market for big data in healthcare. However, data privacy and security concerns and stringent protocols relating to them are expected to hinder the growth of the market over the forecast period.
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Competitive Landscape:
The notable players operating in the global big data in healthcare market include Cerner Corporation, Dell, Mckesson, Philips, Xerox, Cognizant, GE Healthcare, Optum, Siemens, and others.
Industry Updates:
In August 2018, Alliance MMA, Inc. and SCWorx Corp., a provider of data content and services for healthcare providers and big data analytics for the healthcare industry, announced the signing of an agreement under which AMMA will acquire SCWorx in an all-stock transaction, resulting in SCWorx acquiring a controlling interest in AMMA
Segmentation:
The global big data in healthcare market has been segmented based on hardware, software, analytical service types, and analytical service applications. By hardware, the market has been segmented into routers, firewalls, VPNs, data storage and email servers and access points. By software, the market has been segmented into EHR, revenue cycle management, practice management, and workforce management. By analytical service types, the market has been segmented into descriptive, predictive, and prescriptive. By analytical service applications, the market has been segmented into clinical analysis, financial analysis, and operational analysis.
Regional Analysis:
The global big data in healthcare market spans across the regions of the Americas, Europe, Asia Pacific and the Middle East & Africa. The America market is segmented into North America and Latin America. North America accounts for a significant share of the market owing to extensive use of information technology and high expenditure on healthcare in the region. In addition, the high adoption rate of the latest technologies and the concentration of major players in the region also supports the growth pf the market. Europe is the second largest market for big data in healthcare driven by high expenditure on healthcare. Asia Pacific market is anticipated to expand at a relatively faster rate on account of an economic upsurge in the region, high adoption of latest technologies and towering focus on healthcare. The Middle East & Africa market is expected to exhibit moderate growth over the forecast period. The Africa market will experience limited growth due to weak economic conditions and low development of the healthcare sector while the Gulf nations will drive the Middle East market.
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