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Influenza Vaccine Market Estimated to Flourish by 2030

Influenza Vaccine Market: Introduction

Influenza, also known as a flu, is a common viral infection that affects the respiratory system. The major three types of influenza viruses impacting humans are Type A, Type B, and Type C. The fourth form of influenza virus, known as Type D, does not affect the humans, but is considered to have the potential to do so.

The common symptoms of influenza include sneezing, high fever, running nose, headache, coughing, sore throat, joint pains, and feeling tired. Furthermore, diarrhea and vomiting are the additional symptoms observed in children.

Influenza vaccine, also known as flu shot or flu jabs, is used as a protection against influenza virus. Newer versions of influenza vaccines are developed twice a year owing to the rapid changes in the influenza virus. The effectiveness of these vaccines varies year to year, but are known to offer moderate to high protection against influenza.

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Key Drivers and Restraints of Global Influenza Vaccine Market

Influenza is one of the rapidly transmitted infections among the population. According to Centre for Disease Control (CDC), over 15% of the population in the U.S., is affected from the seasonal influenza virus annually. This high prevalence of the disease, necessitates the demand for vaccination, contributing to the growth of the influenza vaccine market.

Significant increase in the government initiatives promoting the administration of influenza vaccine, minimal side effects associated with the vaccine contribute to the growth of the influenza vaccine market. Furthermore, rise in the routine vaccination programs and inclusion of influenza vaccine in the regular programs in developed as well as in developing countries contribute to the growth of the influenza vaccine market.

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However, high cost of development and the longer timelines required for the development of influenza vaccine might hinder the growth of the influenza vaccine market

North America to Lead Global Influenza Vaccine Market

In terms of region, the global influenza vaccine market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

North America dominated the global influenza vaccine market in 2018, owing to strong presence of leading market players, high prevalence of seasonal influenza, development of newer vaccines, increasing government focus on immunization programs, and advancements in administration of vaccines

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Europe was the second largest market for influenza vaccine in 2018, followed by Asia Pacific. Asia Pacific is projected to be the fastest growing market for influenza vaccine, followed by Latin America and Middle East & Africa. Growing focus of the governments in countries in Asia on enhancing healthcare facilities, growing incidence of seasonal influenza, government initiatives, rising disposable income, and rapid economic development, contribute to the growth of the influenza vaccine market in the region.

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Key Manufacturers Operating in Global Influenza Vaccine Market

Leading players in the global influenza vaccine market are:

AstraZeneca Plc.

Biodiem

CSL Limited

Emergent BioSolutions

F. Hoffmann-La Roche Ltd

Gamma Vaccines Pty Ltd.

GlaxoSmithKline Plc.

Merck & Co., Inc. (Merck Sharp & Dohme Corp.)

Novartis AG

Pfizer, Inc.

Sanofi Pasteur SA

Sinovac Biotech Ltd.

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Smart Healthcare Products Market to Witness an Outstanding Growth by 2027

Transparency Market Research (TMR) has published a new report titled, ‘Smart Healthcare Products Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global smart healthcare products market was valued at US$ 37.5 Bn in 2018 and is projected to expand at a CAGR of 8.8% from 2019 to 2027.

Overview

Smart healthcare products enhance patient treatment and improve outcomes related to diagnostic tools along with improving their quality of life. These products come with embedded sensor technologies, communication, and data analytics techniques.

Smart healthcare products are usually used for physical monitoring of an individual for the diagnosis and ongoing disease treatment.

North America dominated the global smart healthcare products market in 2018 and the trend is anticipated to continue during the forecast period. Key factors attributing to its large share include favorable government initiatives, such as the implementation of the U.S. Health Information Technology for Economic and Clinical Health (HITECH) Act in 2009, which provided nearly US$ 64,000 to each healthcare practitioner who has adopted electronic health record systems.

Asia Pacific is likely to be a highly lucrative market for smart healthcare products and it is expected to expand at a high CAGR during the forecast period

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Smart healthcare products with IoT applications and Greater role of government in developing smart healthcare ecosystem to Drive Market

Advancements in sensors and the availability of IoT innovation are permitting medical equipment and healthcare hardware to gather, record and segment information that was not accessible in past.

Nowadays, smart healthcare gadgets are remote powered and can be utilized to monitor and gather patient data who are suffering from various medicinal syndromes.

Such critical data is also accessible to patients, and in addition medical groups can also gain access to it at any time and by using various platforms, such as smart phones or PCs.

Additionally, governments’ significant and developing part as payer, controller, and market-shaper in the worldwide smart healthcare division cannot be downplayed.

In many nations, governing authorities are major the funder and supplier of medicinal services for its population; this is an exceptionally costly obligation, as population is increasing.

Globally, various governments are implementing expansive changes by cutting expenses and enhancing the nature of their medical services frameworks.

These factors are expected to drive the smart healthcare products during the forecast period.

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Smart Pill Segment to Grow at a Faster Rate during the Forecast Period

Based on product type, the global smart healthcare products market has been divided into smart syringe, smart pills, RFID smart cabinets, and electronic health record.

The smart pill segment is expected to grow at a faster rate during the forecast period.

Increased patient preference for minimally invasive surgeries is considered as a major factor that would serve as a gateway for the growth of smart pills segment during the forecast period.

North America to Dominate Global Market

In terms of region, the global smart healthcare products market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global smart healthcare products market in 2018, followed by Europe.

North America accounted for major share of the global smart healthcare products market in 2018. Its dominance can be attributed to increase in prevalence and incidence of chronic diseases such as diabetes and cancer are becoming more common in Canada, and healthcare providers are investing more heavily in IT to account for the impending growth in demand for healthcare

The rise of the aging population is another reason to increase investments in healthcare IT, boosting the demand for smart healthcare products in North America

The smart healthcare products market in Asia Pacific is anticipated to expand at a high CAGR from 2019 to 2027.

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Competitive Landscape

The global smart healthcare products market is fragmented in terms of number of players. Key players in the global market include Epic System Corporation, Allscripts Healthcare Solutions, Inc., eClinicalWorks, CapsoVision, Medtronic, Olympus Corporation, Becton Dickinson and Company, Terumo Corporation, Stanley Healthcare, TAGSYS, among others.

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Cerebrospinal Fluid Management Market is Expected to Expand at an Impressive Rate by 2023

The global market for cerebrospinal fluid management market is expected to witness a promising growth with a significant rise in the level of competition throughout the forecast period, states a new market research study by Transparency Market research. The key players in the global market are emphasizing on the development of new product, which is further predicted to enhance the competitive environment throughout the forecast period. Some of these players are Medtronic plc, DePuy Synthes, Integra LifeSciences Holding Corporation, B. Braun Melsungen AG, Sophysa S.A., Möller Medical GmbH, BeckerSmith Medical, Inc., and Spiegelberg GmbH and Co. KG. The increasing number of mergers and acquisitions and the rising investments on research and development activities are predicted to enhance the market growth in the next few years.

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According to the market research study by Transparency Market Research, the cerebrospinal fluid management market is estimated to register a promising 5.50% CAGR between 2015 and 2023. In 2014, the global market was worth US$1,135.7 mn and is predicted to reach a value of US$1,840.5 mn by the end of 2023.

Increasing Focus on Technological Advancements to Drive North America Market

The global market for cerebrospinal fluid management has been categorized on the basis of geography into the Middle East and Africa, Latin America, North America, Europe, and Asia Pacific. Among these, North America is anticipated to account for a large share of the global market throughout the forecast period. The high growth of this region can be attributed to the rising geriatric population and the high rate of technological innovations. Furthermore, Asia Pacific is estimated to register a healthy growth rate in the next few years, owing to the rising demand for minimally invasive surgeries and the rising popularity for medical tourism in this region. Additionally, the growing contribution from China and India is another key factor predicted to enhance the growth of the market in the near future.

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Among the two types of cerebrospinal fluids management market, the CSF shunts segment is estimated to witness high growth and maintain its leading position throughout the forecast period. A significant rise in the incidence of neurological diseases and the growing geriatric population are the key factors that are projected to encourage the growth of this segment in the next few years. In addition to this, the rising demand for minimally invasive surgeries and the increasing funds by private and government organizations are projected to enhance the growth of the overall market in the next few years.

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Growing Demand for Minimally Invasive Surgeries to Encourage Growth

The increasing prevalence of brain and neurological ailments and the rising geriatric population are considered as the key factors that are projected to encourage the growth of the global cerebrospinal fluid management market in the next few years. The increasing popularity of minimally invasive surgeries is another key factor predicted to accelerate the growth of the overall market in the next few years. In addition to this, the growing disposable income among consumers and the rapid development in the healthcare infrastructure are further predicted to enhance the growth of the overall market in the next few years.

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Blood Gas and Electrolyte Analyzer Market to Witness Widespread Expansion by 2023

A recent report by Transparency Market Research states that global blood gas and electrolyte market is projected to witness a substantial growth in the tenure of 2017 to 2023. This growth of the market is attributed to the developing and improving healthcare infrastructure across the globe. This growth of the global blood gas and electrolyte market is attributed to the growing developments in healthcare sector. These developments are resulting in implementation of technologies that can help the care providers and patients in treating the diseases. For instance, hospitals are implementing technologies like AR and VR that can provide real-time simulation of human body that can help them understand the anomaly of the patient. Due to these growing developments, the global blood gas and electrolyte market shall witness a considerable growth in the projected tenure.

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The Market to Witness a 8.6% CAGR During the Tenure

Based on the lucrative opportunities that the players of global blood gas and electrolyte market can leverage, the market shall witness a substantial 8.6% CAGR during the projected tenure. This is also means that the global blood gas and electrolyte market has ample of opportunities that can help the players to grow exponentially between 2017 and 2023. With this growth rate the global blood gas and electrolyte market is projected to reach to the value of US$ 3.48 bn by the end of 2023. This allows the market players to grow rapidly during the duration. The experts also suggests that the global blood gas and electrolyte market stood strong at the value of US$ 2.11 bn during 2016.

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Benefits Such as Mobility Drives the Growth

As the developments advances in healthcare sector. The mobility is one of the facility that every healthcare apparatus must have these days. This allow the devices to be effective while they are on the move. With technological developments the blood gas and electrolyte device can now have mobility. This allow the device to be used in certain emergency. With these technological developments, the blood gas and electrolyte devices are in much demand. Due to this demand the global blood gas and electrolyte market is growing rapidly from 2017 to 2023.

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North America Emerges as Dominant Region

North America dominated the global blood gas and electrolyte market in previous duration i.e 2016. The region accounted for US$ 683 mn during this period. The region is projected to continue its domination in the present forecast period. The dominance of North America is the result of the growing healthcare infrastructure in U.S. and Canada. Additionally, the presence of technology pioneers developing innovative solutions for healthcare sector is also a major factor that supports the domination of North America in global blood gas and electrolyte market from 2017 to 2023.

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Cell Culture Market Set for Rapid Growth and Trend, by 2025

In a recent report by Transparency Market Research, the cell culture market is rapidly being adopted in the field of pharmaceuticals. Companies managing the global cell culture market are more focused on increasing strategic collaborations and expanding product development worldwide. Furthermore, they are aiming at expanding their footprints in emerging markets such as Latin America and Asia Pacific. An example of such collaboration would be the announcement of collaboration of Valneva SE and GE Healthcare in Nov, 2016 which optimized virus productivity in Valneva’s EB66 cell line. Furthermore, the inauguration of EX-CELL Advanced HD perfusion mediums, is expected to help strengthen the streamline and production of regulatory compliances.

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According to TMR, Thermo Fisher Scientific Inc., Dickinson and Company, GE Healthcare, Sartorius AG, and Lonza are some of the leading companies operating in the market. The position in the market is established by leading players and they are enjoying brand loyalty among customers. These manufacturers have extensive distribution network across the world and offer a wide variety of product range. On the back of these factors, they enjoy a stronghold in the global cell culture market.

According to TMR report, the global cell culture market is expected to register a 9.5% CAGR during the forecast period of 2017 to 2025. The valuation of 2016 was around US$13.00 bn and is anticipated to remain stable by the end of the forecast period. Owing to increased focus on Research and Development activities, and the development of healthcare sector and high unmet clinical needs in the region, the cell culture market is expanding with 10.0% CAGR in Asia Pacific.

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Increase Use of Stem-Cell Structure to Boost Market

Stem cell culture aids in the stabilization of manufacturing of drugs and allows to produce a wide variety of cell lines and its related products. There is a high potential for growth of the cell culture market with applications like stem cell research in the years to come. Stem cell therapies serve to treat the cause of the disease whereas the old time pharmaceutical therapeutics could only aid in treating the symptoms of the disease. Thus, there is high prospect for the global cell culture market in the field of stem cell culture for developing drugs.

Cell structure is considered one of the most important steps in biosimilar production for antibodies. Cell structure reduces manufacturing cost and also increases the productivity and efficiency of biosimilar antibodies.

A majority of manufacturers are persistently trying to expand their product portfolio by launching new and advanced system for large-scale production. This involves both low risk of contamination and is cost-effective providing a win-win situation for the manufacturers.

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Strict Regulatory Framework and High Quality Standards Restricting Growth

The imposition of solid regulatory framework and high quality standards set by market leaders may limit the speed of market perforation by newcomers. Furthermore, ethical issues corresponding to the use of high cost of infrastructure, stringent regulations, and fetal bovine serum required for cell culture are expected to hinder the market during the forecast period.

However, there is increase in scope for the use of cell culture in biologics as the research and development in biopharmaceuticals field concentrates on the discovery of new therapeutics for new mechanisms of drug action and rare diseases. Owing to the treatment of chronic diseases in both developing as well as developed countries, there is an increase in demand for cost-effective and efficient products. With this, the demand for approval of biosimilar products have also raised. Due to the rise in demand, the global cell culture market is anticipated to provide lucrative opportunities in the course of the forecast period.

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Autologous Cell Therapy Market to Set Phenomenal Growth by 2027

Transparency Market Research (TMR) has published a new report titled, ‘Autologous cell therapy Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global autologous cell therapy market was valued at US$ 7.5 Bn in 2018 and is projected to expand at a CAGR of 18.1% from 2019 to 2027.Overview

Cell therapy also termed as cellular therapy in which cellular components is injected into the patient (body) for better treatment outcome and to reduce side effects. A number of cells are used for cellular therapy treatment procedure such as T cells, stem cells, fibroblast, dendritic cells, chondrocyte etc.

Autologous cell therapy is an innovative therapeutic intervention in which patient’s own cells are used for the treatment procedure. Cells are cultured/engineered and expanded in-vitro and re introduced in the patient’s body for treatment purpose.

North America dominated the global autologous cell therapy market in 2018 and the trend is anticipated to continue during the forecast period. Highly structured health care industry, increased usage of autologous cell therapy for treatment of various autoimmune and neurological disorders, and new product launch are expected to drive the market in North America.

Asia Pacific is likely to be a highly lucrative market for autologous cell therapy and it is expected to expand at a high CAGR during the forecast period

Planning To Lay Down Future Strategy? Request Brochure Of Autologous Cell Therapy Markethttps://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=715 Rise in Prevalence of Neurological Disorders & Cancer and Others to Drive Market

Increase in incidence of neurological disorders, cancer and autoimmune disorders are helps to drive the growth of this market during forecasted period.

Prevalence of several neurological disorders such as multiple sclerosis, Parkinson’s disease, and others are helps to drive the growth of this market during forecasted period. According to Multiple sclerosis Society, in 2019, around 2.3. Mn people living with multiple sclerosis by globally.

According to Parkinson’s Foundation, more than 10 million people worldwide are living with Parkinson disease.

Increasing incidence of various type of cancers is another major factor to increase the demand of autologous cell therapy. According to World Health Organization, Cancer is the second leading cause of death globally, and is responsible for an estimated 9.6 million deaths in 2018. Globally, about 1 in 6 deaths is due to cancer.

Bone Marrow Segment to Dominate Market

Based on Source, the global autologous cell therapy market has been divided into bone marrow, epidermis, and others. The bone marrow segment dominated the global autologous cell therapy market in 2018 and the trend is projected to continue during the forecast period. This is because most of the mesenchymal and hematopoietic stem cells are extracted from the bone marrow. Bone marrow is the hub for most of the stem cells (major products are bone marrow based) and extensive R&D activities for bone marrow derived stem cells boost market growth. High preference and growing demand for bone marrow derived cells are likely to propel the segment in developed regions.

Epidermis segment is likely to be a highly lucrative market for autologous cell therapy and it is expected to expand at a high CAGR during the forecast period due to growing preference for stem cells/autosomal cells extracted from the skin as it is the largest organ in the body.

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Neurology Segment to be Highly Lucrative Segment

In terms of application, the global autologous cell therapy market has been classified into branded neurology, orthopedic, cancer, wound healing, cardiovascular disorders, autoimmune disorders and others.

The neurology segment dominated the autologous cell therapy market due to high preference for cell therapy products for neurodegenerative diseases, rapid rise of stroke death worldwide, and favorable government support accentuates market growth.

The cancer segment is expected to expand at a significant CAGR by 2027. This is due to huge product in the pipeline development.

Hospitals Segment to be Highly Lucrative Segment

In terms of end-user, the global autologous cell therapy market has been classified into hospital, ambulatory centers and research centers.

The hospitals segment dominated the autologous cell therapy market due to Most of the cell therapy procedures are performed in the hospitals as patient prefer hospital for cell therapy procedures for effective treatment.

The ambulatory centers segment is expected to expand at a fastest CAGR during the forecast period. This is due to cost-effective treatment as compared to hospitals, shorter waiting time, and rise in number of outpatient surgical procedures.

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North America to Dominate Global Market

In terms of region, the global autologous cell therapy market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global autologous cell therapy market in 2018, followed by Europe.

North America accounted for major share of the global autologous cell therapy market in 2018. This is attributable to increase in health care infrastructure, technological advancement towards innovative treatment and favorable government support accentuate market growth in the region. The federal government has been encouraging research institutions in making treatment options commercially viable. The FDA has been authorized to provide orphan drug designations to many of the therapies developed for rare diseases using cell therapy.

The autologous cell therapy market in Asia Pacific is anticipated to expand at a high CAGR from 2019 to 2027. This can be attributed to increasing medical tourism, growing contract research activities, and economic growth of certain emerging countries such as China and India, exhibiting faster growth.

Competitive Landscape

The global autologous cell therapy market is fragmented in terms of number of players. Key players in the global market include Pharmicell Co., Inc., Castle Creek Biosciences, Inc., Vericel Corporation, Lineage Cell Therapeutics, Inc., BrainStorm Cell Therapeutics, Caladrius Biosciences, Inc., Opexa Therapeutics, Inc., Regeneus Ltd., Takeda Pharmaceutical Company Limited., Sangamo Therapeutics, U.S. Stem Cell, Inc. and other prominent players.

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Pain Management Devices Market Outlook, Trend, Growth and Share Estimation Analysis

The global pain management devices market features an increasingly competitive landscape marked by rising level of competition among its players. A plethora of players in the market are vying for higher stakes. To this end, they are focusing on unveiling various types of pain management devices with novel technologies in order to reap competitive benefits. Several prominent players have been engaged in expanding their portfolio to consolidate their shares in the global pain management devices market. Rising investments on research and development activities is likely to up the intensity of competition in the pain management devices market in the coming years.

Some of the top players operating in the global pain management devices market are Bio-Medical Research (BMR) Ltd., Halyard Health, Stryker Corp, Baxter International Inc., and Boston Scientific Corp.

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The global pain management devices market stood US$3.75 billion in 2016 and is projected to touch a valuation of US$6.28 billion by the end of 2023. This represents a CAGR of 7.6% during the forecast period of 2015–2023.

Among the various types of products, neurostimulation devices held the leading share in 2015 and is likely to hold its sway throughout the assessment period. The prevalence of high-impact chronic pain conditions such as those by musculoskeletal is expected to bolster the uptake in the next few years.

Of the key regional markets for pain management devices, North America has been consistently garnering substantial shares over past few years. The regional market for pain management device is anticipated to continue holding prominent shares in the near future, as well. The growth is increasingly fueled by rising incidence sports-related injuries that need pain management devices.

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Prevalence of Sports-Related Musculoskeletal Injuries offers Robust Boost

The rising demand for better management technologies among patient populations world over is a key factor driving the pain management devices market. Globally rising opioid epidemic has offered an attractive impetus to the demand for pain management technologies. Rising elderly populations, especially in developing and developed nations, has contributed to the prevalence of chronic pain. This is a notable trend bolstering the demand for pain management devices. In numerous countries, the rising incidence of sports and recreation-related injuries leading to hospitalization is bolstering the demand for pain management devices. In particular, the demand is increasingly receiving solid boost from the prevalence of sports-related musculoskeletal injuries in developed countries.

The global pain management devices market is likely to get attractive impetus from several government initiatives and favorable regulatory landscape. In developed nations, reimbursements for spinal cord stimulation devices for patient populations have been fueling the market’s growth in developed countries.

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Demand for Better Pain Management Devices for Neuropathic Pain creates Substantial Prospects

The advent of novel pain management devices has created new, exciting avenues in the global market. Increasing pace of commercialization of such devices in recent years has catalyzed rapid market’s expansion.

The global pain management devices market is likely to witness setbacks on account of low level of patient awareness and the high cost of these devices. Moreover, potential side-effects with certain pain management devices have dampened the uptake. The risk of side effects of skin erosion and surgical site infection associated with neurostimulation implants is a case in point.

Nevertheless, the rising incidence of neuropathic pain world over is making room for several lucrative avenues for medical device manufacturers. They are expanding their pipeline of products. Moreover, the rising awareness about the ill effects of prescription pain killers kindles patients’ interest in technologically-advanced pain management devices.

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Breast Imaging Market Overview and Regional Outlook Study

Breast Imaging Market: Introduction

According to the report, the global breast imaging market was valued at ~US$ 3.5 Bn in 2019 and is projected to expand at a CAGR of ~8% from 2020 to 2028. Breast imaging products are used by healthcare professionals, especially by radiologists and oncology hospital technicians, for the diagnosis of breast cancer and monitoring of breast cancer therapy. Different types of technologies used for diagnosis of breast cancer include ionizing breast imaging and nonionizing breast imaging. The growth of the global breast imaging market can be attributed to the rise in number of people with breast cancer and increase in government initiatives. North America dominated the global breast imaging market in 2019, and the trend is anticipated to continue during the forecast period. Highly structured healthcare industry, early new product adoption, high penetration rate for breast imaging products, and presence of major players are expected to drive the market in North America. Asia Pacific is likely to be a highly lucrative market for breast imaging, expanding at a high CAGR during the forecast period.

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Growing Preference for Mammography Screening and Rise in Government Initiatives to Drive Market

Rise in incidence of breast cancer is one of the critical areas of concern in the global healthcare industry. Lack of awareness about breast cancer and benefits of early detection of the condition are the major factors that governments in developing countries are taking into consideration to control the morbidity rate and reduce the mortality rate of breast cancer. Various governments are taking initiatives such as funding breast cancer screening in the respective countries; educating and spreading awareness; and arranging free breast screening campaigns to encourage women for breast cancer screening. Such governmental and non-governmental initiatives are expected to result in increased awareness about breast cancer, thereby boosting the rate of breast cancer screening worldwide.

The growing preference for mammography screening over other technologies is projected to propel the global market. Increase in public mammography screening programs, along with rise in investment for breast screening from governments is likely to drive the market.

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Ionizing Breast Imaging Technology to Dominate Market

Based on technology, the global breast imaging market has been divided into ionizing breast imaging, nonionizing breast imaging, and others. The ionizing breast imaging segment has been categorized into mammography, positron emission tomography-computed tomography (PET-CT), and molecular breast imaging (MBI). The ionizing breast imaging segment dominated the global breast imaging market in 2018 and the trend is projected to continue during the forecast period. The American Cancer Society recommends early detection of breast cancer for better control and management. This has led to rise in use of mammography. Mammography is covered by almost all insurance companies. Coverage of remaining breast screening techniques varies depending on the reimbursement offered by insurance companies. Increase in the use of mammography technique in the diagnosis of breast cancer is anticipated to fuel the growth of this segment. The nonionizing breast imaging segment has been sub-segmented into breast ultrasound, breast MRI, breast thermography, and automated whole-breast ultrasound (AWBU). The breast MRI segment is expected to generate higher revenue during the forecast period.

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Hospitals to be Major End User

In terms of end user, the global breast imaging market has been categorized into hospitals & clinics, diagnostic centers, ambulatory surgical centers, and research centers. The hospitals & clinics segment dominated the global breast imaging market in terms of revenue in 2019. The trend is expected to continue during the forecast period. Factors such as increase in number of advanced hospitals with all facilities for breast cancer diagnosis are likely to accelerate the growth of the segment during the forecast period. In addition, increase in diagnosis rate of breast cancer in the U.S. is a key factor driving the hospitals segment. According to the American Hospital Association, total number of registered hospitals in the U.S. stood at 5,686 in 2015.

Diagnostic centers is projected to be a lucrative segment of the global breast imaging market during the forecast period. The segment is anticipated to expand at a significant CAGR from 2020 to 2028. Surge in number of diagnostic centers in developed regions is expected to drive the segment.

North America to Dominate Global Market

In terms of region, the global breast imaging market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global breast imaging market in 2019, followed by Europe. North America accounted for a major share of the global breast imaging market in 2019, owing to high penetration rate of breast imaging product and presence of major players. In addition, increase in geriatric population coupled with rise in incidence of breast cancer among the population is anticipated to accelerate the growth of the segment. According to the American Cancer Society estimation, in 2020, about 42,170 women are likely to die from breast cancer in the U.S.

The breast imaging market in Asia Pacific is anticipated to expand at a high CAGR from 2020 to 2028. This can be attributed to increase in demand for breast imaging in countries such as India, China, and Japan; improvement of healthcare infrastructure in terms of better facilities; and rise in demand for advanced products in the region. According to the WHO, in 2018, total 162,468 new breast cancer cases were registered and 87,090 death occurred due to breast cancer in India.

Competition Landscape

The global breast imaging market is fragmented in terms of number of players. Key players in the global market include GE Healthcare, Koninklijke Philips N.V., Hologic, Inc., Siemens Healthineers, Fujifilm Holding Corporation, Canon Medical Systems Corporation, Aurora Imaging Technologies, Inc., Dilon Technologies, Inc., and Leica Biosystems Nussloch GmbH (Danaher).

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Medical Nonwoven Disposables Market –

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Ostomy Drainage Bags Market: Lucrative Opportunities

The global ostomy drainage bags market is a highly competitive market with a large number of local and international players operating across the globe, states a new market research study by Transparency Market Research. The key players in the market are focusing on the research and development activities in order to enhance their product portfolio and maintain their leading position throughout the forecast period. In addition to this, the rising number of strategic collaborations and mergers and acquisitions is projected to offer potential growth opportunities for the market players in the next few years. Some of the leading players operating in the ostomy drainage bags market across the globe are Pelcin Healthcare Ltd., B. Braun Melsungen AG, Flexicare Medical Limited, Salts Healthcare Ltd., ALCARE Co. Ltd., and Welland Medical Ltd. As per the study, the competition among the players is estimated to get stiff over the years.

According to the market research study by Transparency Market Research, the global market for ostomy drainage bags is expected to reach a value of US$2.75 bn by the end of 2022. The market is predicted to register a healthy 4.70% CAGR between 2014 and 2022.

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Europe to Register Strong Growth Rate in Coming Few Years

The global ostomy drainage bags market has been classified on the basis of geography into Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa. Among these, Europe is expected to hold for a large share of the market and maintain its leading position throughout the forecast period. The strong growth of this region can be attributed to the rising disposable income of consumers and the willingness of patients to spend on healthcare requirements. Moreover, the favorable reimbursement policies by governments is expected to support the growth of the Europe market in the near future. On the other hand, Asia Pacific is expected to witness a strong growth rate in the next few years. The rising prevalence of colorectal cancer, especially in developing economies is estimated to encourage the growth of this segment throughout the forecast period.

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In terms of product type, the global ostomy drainage bags market has been classified into urostomy bags, colostomy bags, and ileostomy bags. Among these, the colostomy bags segment is predicted to lead with a large share of the global market in the next few years. The high demand for colostomy bags, thanks to the rising awareness among consumers regarding colostomy and the increasing geriatric population are some of the key factors that are projected to accelerate the growth of this segment in the next few years. In addition to this, the rising contribution from the developing economies in Asia Pacific and Latin America is another factor that is likely to boost the growth in the coming years.

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Increasing Patient Awareness to Encourage Market Growth in Coming Years

The rising cases of several diseases, including urinary tract cancer, colorectal cancer, and bladder cancer is one of the key factors that is estimated to enhance the growth of the global ostomy drainage bags market throughout the forecast period. The rising number of health disorders owing to the unhealthy lifestyle and the rising geriatric population are projected to accelerate the growth of the market in the near future. On the flip side, the medical risks by using ostomy bags is a major factor that is likely to restrict the growth of the market in the near future. Nonetheless, the favorable government reimbursement policies and the rising awareness among people are likely to offer potential growth opportunities for the market players in the near future.

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Epilepsy Therapeutics Market –

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PAP and Paracetamol Market - Competitive Landscape and Key Product Segments

In a recent research report analyzed by Transparency Market Research (TMR) states that there is an extreme competition in the global market for para-aminophenol and paracetamol market. The market is expected to experience a high level of fragmentation as per TMR analysis. The major players in the PAP and paracetamol market are making efforts in strengthening their relationship with local companies that will help the companies in benefiting their technical expertise and support logistics. Further, the companies are making constant efforts in ensuring the use of innovative technologies for marketing to grow their market reach. Moreover, to capture the highly competitive market, companies are boosting their distribution network to strengthen their reach in global market. Companies such as Granules India, Mallinckrodt, Anqi Lu’an Pharmaceutical Co. Ltd., and Taixing Yangzi Pharm Chemical Co. Ltd. are focusing to surge the market in developing nations to optimize the cheap labour and newly built infrastructure.

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As per the report, the global paracetamol market is expected to reach US$ 1.04 bn by the end of 2022. Meanwhile, until the end of 2022, the global para-aminophenol (PAP) is estimated to reach US$ 0.70. Geographically, North America has its dominance due to the presence of modern manufacturing units and increasing number of PAP producers. Additionally, India and China are leading in chemical production that has given the huge market for the PAP producers to seize this opportunity. The wide applicability of PAP in producing dyes, pharmaceuticals, and in agro-chemical will increase their efficiency in these regions.

Developing Economies to Propel the Demand for PAP and Paracetamol Market

Globally, the increasing awareness of pain management solutions is resulted from using paracetamol. Paracetamol is a remarkable painkiller, thus making it the best solution for pain management on regular basis, and is the main factor that has augmented the use of paracetamol globally. Moreover, the wide applicability of para-aminophenol is expected to grow its market in the Asia Pacific that will enhance its production capabilities.

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Despite, the huge opportunity for chemical producers, emerging economies mainly in the Asia Pacific provide affordable research and development and availability of raw material at a low cost. They also offer favorable infrastructure, low wages of work force, and increasing trade transaction that will boost the market for PAP and paracetamol.

Increasing Awareness for Harmful Effects of Analgesics May Hinder the Growth of the Market

The market for PAP could find certain difficulties due to decreasing use of solvents in producing paracetamol may harshly affect the PAP manufacturing sector. Moreover, increasing awareness about the harmful effects on health with extensive usage of analgesics will turn into a great challenge for the progress of PAP and paracetamol market.

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The huge emphasis is given to manufacture paracetamol without adding solvents because the use of solvents causes massive negative impact and slow down the demand for PAP in the manufacturing market. Thus, diminishing the growth for PAP to a certain extent. Moreover, high awareness among the large population of extreme consumption of analgesics is also projected to impede the market for PAP and paracetamol to succeed during the forecast period.

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Personal Mobility Devices Market –

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Medical Sensors Market Shares, Strategies, and Forecasts Analysis

Transparency Market Research (TMR) has published a new report titled, “Medical Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global medical sensors market is projected to reach US$ 27.7 Bn by 2026 at a CAGR of 9.9% from 2018 to 2026. Factors such as increase in government initiatives for the adoption of mHealth products and rise in adoption of Internet of Things (IoT) and other medical advancements are propelling the global market. Moreover, increase in public and private investments in mHealth products and rise in adoption of smartphones and other electronics with sensor technology boost the growth of the global medical sensors market. The Americas is projected to dominate the global medical sensors market owing to availability of advanced health care infrastructure and high consumption of medical devices. Asia Pacific and Europe, Middle East, and Africa (EMEA) are potential markets. The medical sensors market in Asia Pacific is expected to expand at a CAGR of 11.4% during the forecast period. Increase in focus on development of medical sensors in the past few years, improvement in health care infrastructure, and early detection of diseases fuel the growth of the medical sensors market in Asia Pacific and EMEA.

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Rise in Government Initiatives for Adoption of mHealth Products and Increase in Public and Private Investments in Medical Sensor Companies to Drive Market

Increase in government initiatives for adoption of mHealth products drives the global market. The U.K. Government Department of Health started the NHS digitization initiative in 2016 and allocated over US$ 6.0 Bn for it. More than US$ 2.6 Bn was allotted to transfer paper records to a centralized electronic record system, implementation of wireless technologies, and addressing cyber security concerns in NHS IT ecosystem. New innovations in the health care industry in terms of medicine are fast and productive. IoT has emerged as the next wave in the industry. Google and Novartis launched their combined plan in 2014 to create a connected lens with the ability to monitor blood glucose levels by analyzing an individual’s tears.

Implantable Sensors to be Highly Lucrative Segment

Implantable sensors is an emerging segment of medical sensors. The segment is projected to account for 28.5% share of the market by 2026. It is anticipated to expand at a CAGR of 12.0% during the forecast period from 2018 to 2026. Advancements in sensor technology and rise in demand for continuous monitoring systems such as continuous glucose monitoring (CGM) are anticipated to boost the growth of the segment during the forecast period.

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Home Care Settings to be Promising Segment

In terms of end-user, the global medical sensors market has been segmented into hospitals, clinics, home care settings, and others. The hospitals segment held the major share of the global market in 2017. The segment is projected to expand at a CAGR of 9.2% from 2018 to 2026. The home care settings segment is anticipated to expand at a CAGR of 12.7% during the forecast period. The segment is expected to gain market share by 2026. Rise in use of wearable health tracker for the measurement of blood pressure, heart rate, and metabolites such as glucose and lactate are the factors likely to boost the use of medical sensors in the home care settings segment.

Americas Projected to Dominate Global Market

The global medical sensors market has been divided into three major regions: the Americas, Europe, Middle East and Africa, Asia Pacific. The Americas dominated the global market in 2017. The market in the region was valued at US$ 6.27 Bn in 2017. This is attributed to the availability of advanced health care infrastructure and high consumption of medical devices in the region. The medical sensors market in the Americas is projected to expand at a CAGR of 9.0% during the forecast period. Biosensors and wearable sensors are the two most promising segments in the region. The medical sensors market in Asia Pacific is expected to expand at a CAGR of 11.4% during the forecast period. The region is likely to gain market share due to rise in prevalence of chronic disorders and surge in awareness about medical sensors among the people. Rise in disposable income of people also contributes to the growth of the market in Asia Pacific and EMEA. Increase in focus on development of medical sensors in the past few years, improvement in health care infrastructure, and early detection of diseases fuel the growth of the medical sensors market in APAC and EMEA.

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Honeywell International, Inc. and Medtronic to Lead Global Market

The global medical sensors market is semi-consolidated in terms of number of players. Key players in the global market include Cardiomo, Honeywell International, Inc., TE Connectivity, Dexcom, Inc., Medtronic, Danaher Corporation, First Sensor AG, Sensirion AG, Smiths Group plc, and GluSense Ltd. Honeywell International, Inc. and Medtronic were the market leaders in 2017 and are expected to dominate the market during the forecast period. Developing new technologies and products as well as merger and acquisition are the key strategies followed by the key players.

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Veterinary Orthopedic Implants Market –

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PACS and RIS Market: Business Overview and Global Development Trends

The competitive scenario of the global Picture Archiving and Communication System (PACS) and Radiology Information System (RIS) market is anticipated to appear highly consolidated. In 2015, the key 5 players held around 61% of the entire market. The major players in the market GE Healthcare, McKesson Corporation, Philips Healthcare, Fujifilm Holdings Corporation, and Siemens Healthineers keeps on sustaining its foothold on the global market due to increased product portfolios and product offerings at affordable prices.

The market is, in any case, to a great extent is fragmented in developed nations as a few organizations and compete for the leading position. The situation is probably going to continue as before in the following couple of years too, with obstruction in entry in market staying high for organizations to enter the market in developed nations.

According to a recent report by Transparency Market Research the global PACS and RIS market is prognosticated to expand at a steady CAGR of 7.0% within the forecast period from 2016 to 2024. The market in 2015 was valued around worth of US$2.2 bn and is estimated to soar around worth US$3.9 bn by 2024 end.

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Based on product type, the global PACS and RIS market experienced the presence of PACS as the dominant segment as far as revenue is concerned, back in 2015. The increased usage of PACS and the gradual rise in demand all over the orthopedics and cardiology sectors are foreseen to help PACS to sustain its lead in the forthcoming years as well. Geographically, in 2015, the global PACS and RIS market is led by North America region that accounted for a share of round 45%. The significant increase in efficient medical services to deal with the rising cases of a number of chronic illness and the major increase in the funding by government to support this are the major factors to have supported in growth of North America region in the market in the upcoming years. The PACS section held the prevailing offer in the North America market around the same time, primarily attributable to the immense scope of uses in the fields of oncology and cardiology.

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Increased Usage in Radiology to Support Demand in PACS and RIS Market

IT, for example, Radiology Information Systems (RIS) and Picture Archiving and Communications Systems (PACS), is currently being used for different medical applications. Smart usage of the two PACS and RIS applications is conceivable due to its inclination towards the PC condition. PACS is at present the favored strategy for demonstrative picture distribution. Today, PACS isn't just restricted to radiology applications yet in addition being utilized in the fields of pathology, dermatology, cardiology, ophthalmology, and other telemedicine zones.

The healthcare sector has seen the emergence of digital advancements at a fast pace in the previous couple of years. With more governments activities the tremendous advantages of such a move, advancement in technology are seeing an expanded dimension of reception in the medical industry. In this way the gradual rise in use of PACS and RIS for the more analyzed assessment of the wellbeing of patients is anticipated to rise as an important factor for the market grwoth.

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Increasing Popularity of HER Systems to Fuel Demand in PACS and RIS Market

The major increase in the popularity of EHR systems in clinics and other medical centers has additionally prompted a surged demand for successful PACS and RIS to empower the convenient and effective availability of medicinal images and healthcare services records to medical suppliers and patients. On the other side, the staggering expenses of electronics could rise as a deterrent for the market, limiting its expansion over affordable emerging nations to a large extent.

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Veterinary Radiography System Market –

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Continuing Medical Education Market Trends and Growth Factors Analysis

More than medical studies and housemanship, health care professionals need to keep themselves up-to-date with changes in the medical field and treatment options relevant to their area of expertise. Continuing medical education (CME) helps society by assuring that physicians, specialists, and nurses are performing up-to-date medical treatment and offering good quality care. In this modern era, various biopharmaceutical innovations have delivered innovative approaches to diagnosis, prevention, treatment, and management of illnesses. In order to transform such advancements into effective practice, doctors must regularly apprise their knowledge and skills through continuing medical education and training. Medical Professional Societies, run as not-for-profit organizations led by peers, are well placed to provide balanced, disease oriented, and patient centered education.

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CME involves educational activities helping to sustain, improve, or increase awareness, expertise, and proficient professional performance and relationships that a physician uses to provide services for patients, the public, or the profession. Continuing medical education provides doctors and other health care professionals with standard, pioneering knowledge, and skills from research through delivery of care, to progress the quality of patient supervision, not only within the university system, but also statewide, nationwide, and worldwide.

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Continuing medical education accreditation is mandatory to provide CME credits that are increasingly essential for health care professionals to achieve their statutory obligations. Hence, accreditation authorities play a vital role in identifying appropriate, impartial CME programs. Most national and international CME accreditation authorities have circulated criteria for accreditation of events. Health care professionals could use accredited CME to meet requirements for certification, licensure, and membership in professional societies, credentialing, and other professional privileges. Research has shown that accredited CME is an effective tool for changing physician practice and patient care.

The goal of a continuing medical education organization is to make health care professionals aware of new research knowledge and its application to medical procedures and disease prevention.

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The medical industry has a pivotal role in the development of new, improved technology, medication, and devices. As a fact, the greatest inventions have been attained through partnership with practicing physicians, scientists, and clinical academics. The medical industry has for several years been dedicated to ensure the finest and safe application of its products by providing unlimited support of medical education developed and provided by international and national learned societies. Recently implemented Codes of Practice for the Pharmaceutical and Device industry were proposed to augment public trust in the collaboration between the biomedical industry and physicians, thereby acting as a major driver for the continuing medical education market. Unexpectedly, changes resulting from adoption of the Codes have limited the opportunity for unconditional industry support of balanced medical education in favor of a more uninterrupted participation of industry in updating physicians about their products. The collaboration between medical societies and industry in medical education is the much debated opportunity for the delivery of the continuing medical education to the physicians.

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Based on delivery method, the global continuing medical education market can be segmented into Internet enduring materials, courses, journals, regularly scheduled series, and other enduring materials. Medical journals play an important role in CME and download volume is a reflection of their use by physicians for educational purposes.

In terms of training, the global continuing medical education market can be categorized into cardiothoracic training, neurology training, orthopedic training, oral and maxillofacial training, pediatric training, and radiology training.

Based on organization, the global continuing medical education market can be classified into school of medicine, government/military organizations, hospitals, insurance & co., non-profit organizations, publishing or Education Company, and others. In terms of region, the global continuing medical education market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Key players operating in the global continuing medical education market include Gundersen Health System, GE Healthcare Institute, American College of Radiology, Healthcare Training Institute, New Jersey, Olympus America, PROCEUM Pvt. Ltd., TACT Academy for clinical training, Zimmer Institute and others

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Organoids Market - Major Factors Driving the Industry

Global Organoids Market: An Overview

The global organoids Market is a fragmented landscape with several new players driving intense competition and rising investment in innovation. Recent advancements in Big Data, and technologies like 3D printing have opened up new skies of growth for innovation.

Organoids is a simplified and compact version of organs which depicts micro-anatomy realistically. These are usually made up of stem cells, tissues, or pluripotent stem cells. These can organize themselves in three-dimensions, which is key to its realistic representation of organism. In 2013, the scientific community named the development in organoids as one of the biggest scientific achievement in recent times. This is not surprising as understanding real-movements of organs allows scientists to study various abnormal as well as healthy behaviour in cells, and test new drugs to bring forth solutions to challenges such as Alzheimer’s disease which are yet to be completely understood. Technologies like Big Data promise to a rapid progress in understanding cells, while 3D printing promises more realistic, and more diversification in materials used for research.

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Global Organoids Market: Trends and Opportunities

A new study published in the National Institutes of Health Journal shows that La Crosse Virus or LACV can cause inflammation of the brain in children. The study also shows that at different stages of development cycle, the cells affect children differently. The study relied on the use of organoids for the understanding the primary function of brain cells in the nervous cell system. The study and rising concerns about neurons causal relationship with LACV promise new research opportunities for end-players.

Rise in chronic diseases including most forms of cancer, and new little understood major illnesses like Alzheimer’s have rung many alarm bells in the healthcare sector. Additionally, the cost of treatment for many of these diseases remains extremely high and out of reach for many patients. The rising population of elderly, increased investment in research for chronic illnesses, and growing burden on healthcare system are expected to drive more capital towards research and innovation. Moreover, advancements in organoids replacing conventional 2D cells with a 3D model promises new growth opportunities for researchers in return. Growing concerns about systematic treatment solutions for personalised medicine will also drive new opportunities for growth in the organoids market.

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Global Organoids Market: Regional Outlook

The global organoids market report covers all regions including North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Among these, the North American region is likely to post highest revenues, thanks to increasing technological adoption of big data, and faster streamlining process by the FDA. The new drive to innovation in the industry is a major trend in the region as old patents expire, and new opportunities due to a bigger push by the regulatory environment drives growth in the region. The global organoids market is also expected to register robust growth in Asia Pacific, as increasing private investments for research in pharmaceutical industry, and similar streamlining of approval process by the Chinese FDA drives growth in the region.

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Global Organoids Market: Companies Profiled in the Report

The Organoids market report will provide strategic analysis of the key players including Hubrecht Organoid Technology (HUB), Cellesce Ltd., DefiniGEN, STEMCELL Technologies Inc., Qgel and OcellO B.V. Moreover, the report will also provide a balanced overview of their positioning in relation to their strengths and weaknesses. The main players in the market are increasingly engaging in collaboration, and mergers to find new opportunities for growth and innovation.

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Platelet-rich Plasma Market - Brief Analysis by Top Key Players

Transparency Market Research (TMR) has published a new report titled, “Platelet-rich Plasma Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027”. According to the report, the global platelet-rich plasma market was valued at US$ 219.3 Mn in 2018 and is projected to expand at a CAGR of 11.4% from 2019 to 2027. Increase in the number of orthopedic patients globally, rising number of cosmetic surgical procedures, and growing awareness about platelet-rich plasma therapies to drive the global platelet-rich plasma market from 2019 to 2027.

Overview

North America and Europe are projected to dominate the global platelet-rich plasma market during the forecast period, primarily due to the high prevalence of orthopedic disorders, rise in incidence rates of rheumatology, increase in the number of sport injuries, and surge in adoption of platelet-rich plasma therapy.

The platelet-rich plasma market in Asia Pacific is expected to expand at a significant CAGR from 2018 to 2026. This is attributed to surge in investment in health care infrastructure, economy growth, large population base with orthopedic and rheumatology disorders in emerging countries such as China, India, South Korea, and Malaysia, and rise in per capita health care expenditure in the region.

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Growing Awareness about Platelet-rich Plasma Therapies

Platelet-rich plasma technology was first used in 1987 in cardiovascular surgery. Awareness about the advantages and applications of platelet-rich plasma was limited to research laboratories only.

However, value-added advantages and applications of platelet-rich plasma therapy over conventional wound healing and disease treatments, such as, surgery and medicines have resulted in higher demand for platelet-rich plasma products globally

Increase in awareness has driven the demand for platelet-rich plasma therapy in the past few years in the emerging economies, such as, China, India, Brazil, and Russia, as well as in developed regions, including North America and Europe

Global players such as Cesca, Harvest, Arthrex, and Biomet are strengthening their existing distribution networks in these regions in order to increase their market presence and revenue

Pure Platelet-rich Plasma to be Highly Attractive Segment

In terms of type, the global platelet-rich plasma market has been bifurcated into pure platelet-rich plasma, leukocyte-rich platelet-rich plasma, and pure platelet-rich fibrin.

Pure platelet-rich plasma, also called leukocyte-poor platelet-rich plasma, is blood plasma that contains only platelets and trace amount of leukocytes.

Major advantages of pure platelet-rich plasma include ease of application to injuries and ligaments, conventional method of platelet-rich plasma production, rich concentration of platelets, and limited contamination with RBCs.

Pure platelet-rich plasma accounted for the dominant share of the global platelet-rich plasma market in 2017 due to its widespread use in various applications and rich content of platelets. The segment is likely to continue to dominate the market during the forecast period from 2018 to 2026.

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Autologous Platelet-rich to be Highly Attractive Segment

In terms of origin, the global platelet-rich plasma market has been classified into autologous platelet-rich plasma, allogeneic platelet-rich plasma, and homologous platelet-rich plasma.

The autologous platelet-rich plasma segment is likely to dominate the global platelet-rich plasma market during the forecast period due to elimination of cost of clinical analysis for blood-borne diseases and the fees to be paid to blood donors.

Cosmetic Surgery Segment to Expand Significantly

In terms of application, the global platelet-rich plasma market has been classified orthopedic surgery, cosmetic surgery, general surgery, neurosurgery, and others.

Cosmetic Surgery segment is expected to grow at a higher CAGR during the forecast period due to rise in the applications of platelet-rich plasma products in hair transplant and other cosmetic applications drive the cosmetic surgery segment of the global platelet-rich plasma market

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Asia Pacific to offers High Incremental Opportunity

The platelet-rich plasma market in Asia Pacific is projected to expand at a significant CAGR of during the forecast period.

Large number of patients with various rheumatology disorders, rise in number of sport injury cases, presence of emerging economies such as China and India, large geriatric population in Japan, and increase in awareness about the advantages and applications of PRP in various therapeutic areas present significant opportunities for global players in these countries.

North America is anticipated to dominate the global platelet-rich plasma market owing to high prevalence of orthopedic and rheumatology disorders, increased adoption of PRP therapy in treatment of various disorders, and significant rise in number of plastic and cosmetic surgical procedures in the region

Competitive Landscape in Global Platelet-rich Plasma Market

The report also provides profiles of leading players operating in the global platelet-rich plasma market. These include Harvest Technologies Corp. (Terumo Corporation), Arthrex, Inc., Zimmer Biomet Holdings, Inc. EmCyte Corporation, Regen Lab SA, Exactech, Inc., and Cesca Therapeutics, Inc., Nuo Therapeutics, Inc., DePuy Synthes (Johnson & Johnson), ISTO Biologics, and AdiStem Ltd

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Asia Pacific Corporate Wellness Market Development, Trends, Segmentations Analysis

led by a number of international as well as local participants, the Asia Pacific corporate wellness market demonstrates a highly competitive business landscape, states a new research study by Transparency Market Research (TMR). Currently, Central Corporate Wellness, Optum Inc., ComPsych Corp., JLT Australia (Recovre Group), SOL Wellness, ConneXions Asia, Truworth Wellness, Sodexo, and Bupa Wellness Pty Ltd. are leading the leading the global market. With new players continuously venturing in this market, the competitive rivalry within participants is likely to intensify further in the near future, states the research report.

According to the study, the Asia Pacific market for corporate wellness was worth US$3.4 bn in 2015. The market’s opportunity is expected to register a CAGR of 9.0% during the period from 2016 to 2024 and reach a value of US$7.4 bn by the end of the period of the forecast. In 2015, the fitness segment led this regional market, thanks to the augmenting prevalence of chronic diseases, rising medical cost caused by obesity, and the increasing awareness among people regarding health and fitness. However, the smoking cessation segment is anticipated to record a promising growth rate over the next few years, notes the market study.

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China to Remain Leading Asia Pacific Corporate Wellness Market

China has been leading the Asia Pacific corporate wellness market. Expanding at a CAGR of 9.10% during the period from 2016 to 2024, this domestic market is likely to remain on the top over the next few years. The high development rate and the increased uptake of wellness programs in this country is the main factor behind the growth of the China market for corporate wellness. The rapid changes in lifestyles, rising prevalence of chronic diseases, strengthening of economy, and the large-scale urbanization are some other important factors, influencing the growth of the corporate wellness market in China.

Another prominent domestic market for corporate wellness in Asia Pacific is Japan. The amendments directed in Japan’s Industrial Safety and Health Act in December 2015 have been supporting the Japan market for corporate wellness significantly. As per this law, health checkups are mandatory for employees and workers. Apart from this, the support by the government in addressing the issue of employee health in an efficient manner is likely to create a demand for corporate wellness programs in the nation, which is expected to boost this market in the near future, reports the research study.

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Awareness among Employers and Employees to Fuel Uptake of Corporate Wellness Programs

“The increasing prevalence of non-communicable diseases, such as cardiovascular disorders chronic respiratory diseases, diabetes, and cancer, in Asia Pacific has compelled employers to take care of the health and well-being of their employees and, for this, corporate wellness programs and services has emerged to be the most efficient method of doing so,” says an analyst at TMR. This, as a result, has fueled the uptake of corporate wellness solutions among them, which is reflecting greatly on this market. The increasing government support and initiatives, augmenting number of white-collar employees, inclination of employers towards investing in wellness programs, and the rising health consciousness among people are expected to support the growth of the Asia Pacific corporate wellness market in the years to come, states the research report.

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Image Guided Surgery Devices Market Segments, Leading Player, Application & Forecast Analysis

The drive for accuracy, expandability, and convenience in surgical navigation systems is a key factor creating new avenues in the image guided surgery devices market. Clinical relevance of these surgery devices in oncologic surgery has been growing, particularly due to their effectiveness in visualizing microscopic tumors. Among various product types, revenues generated from computed tomography scanners are prominent. Rising application can be attributed to their use in imaging soft tissue structures.

Adoption of Non-Invasive Imaging Modality in Neurosurgery Opens New Avenues

Among the various key application surgical areas, the image guided surgery devices market is reaping large gains from the neurosurgery segment. The segment has benefitted from the rising adoption in treating metastatic brain tumors. The interest in image guided surgery devices has been fuelled by the vast scope for high-resolution non-invasive imaging modality in neurosurgery. New paradigms in the image guided surgery devices market also stem from the demand for non-invasive imaging modality in orthopedic surgeries. These paradigms are influenced by adoption of new generation of technologies for new treatment modalities.

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A growing number of manufacturers in the image guided surgery devices market are focusing on constantly improving user comfort, visual information resolution, and cost. The constant entry of new players in the image guided surgery devices market has made the market increasingly competitive. According to Transparency Market Research (TMR), the intensity of competition is expected to stay unchanged in the coming years or so. Several players are adopting strategic mergers and acquisition to consolidate their consumer base.

Some of the prominent names in the image guided surgery devices market include Philips (Koninklijke Philips), Analogic Corporation, GE healthcare, Stryker Corporation, Brainlab, and Medtronic.

The global image guided surgery devices market was valued at US$3068.9 mn in 2016. The revenues are expected to climb to US$4998.2 mn by 2025-end. The market is expected to clock at CAGR of 5.7% from 2017 to 2025.

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Next-Generation Intraoperative Ultrasound Technologies Attract Manufacturers

Growing popularity of intraoperative ultrasound technologies in various surgeries is a key factor bolstering prospects in the image guided surgery devices market. Several efforts are being made by device manufacturers to expand the armamentarium of image guided surgery technologies by adopting augmented reality and display technologies. Growing shift toward adopting new robotics technologies is cementing potential in the image guided surgery devices market.

Growing adoption of pre- and intraoperative imaging technologies in surgeries has been key generator of revenues in the global image guided surgery devices market. Increasing trend of neuro-navigation in the surgical areas in several healthcare systems has further bolstered prospects over the past few years.

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In recent years, researchers have been striving to evaluate the clinical feasibility of new technologies in the image guided surgery devices market. A case in point is PET-guided volumetric resection. This is gaining traction in brain tumor diagnosis. The drive for next-generation molecular imaging neuro-oncology is stimulating innovations in the image guided surgery devices market. This is fuelled largely from growing propensity among patient populations in various parts of the world.

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