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3D Cell Culture Market Trends Overview Analysis With Industrial Forecast Till 2023
3D Cell Culture Market Information: By Technique (Scaffolds Based 3D Cell Culture, Scaffold-Free 3D Cell Culture), Product (Consumables), by Application (Cancer Research), and End-User (Pharmaceutical & Biotechnology Companies) – Global Forecast Till 2023
Market Outlook
The global 3D cell culture market is predicted to accumulate revenues at 25.50% CAGR over the forecast period. It stood at USD 725.15 million in 2016. Advances in organ and tissue regeneration and drug toxicology screening can drive market demand exponentially. The benefits of 3D cell culture in comparison to 2D cell culture are likely to work in favor of the market. Adoption of in-vivo models and development of advanced assays can positively impact the global 3D cell culture market.
Treatment of chronic diseases and advances in microfluidics can culminate in heavy demand for the global market. Biocompatible nature of 3D scaffolds as well as the use of synthetic and natural materials of its manufacture can direct the formation of tissues. Development of digital tools for expediting the rate of cellular growth is likely to pave the way for new growth opportunities. Emergence of lab-on-a-chip (LoC) technology will bolster the demand for 3D cell environments in the coming years.
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Scope of the Report
3D cell culture is a method of cultivating cells in an artificial environment in which cells are allowed to interact with the environment. It has applications in tissue engineering and regenerative medicine. It is possible to mimic cell behavior and assemble their environment with the help of scaffolds. The global 3D cell culture market report by Market Research Future (MRFR) touches on salient aspects such as drivers and challenges as well as outlines predictions for the forecast period (2017-2023).
Segmentation
The global 3D cell culture market is segmented on the basis of technique, product, application, and end-user. On the basis technique, it is segmented into Scaffolds Based 3D Cell Culture and Scaffold-Free 3D Cell Culture. On the basis of the product, it is segmented into Consumables and Instruments. On the basis of the application, it is segmented into cancer research, stem cell research, drug discovery, Tissue Screening & Engineering, Regenerative Medicine and others. On the basis of the end users, it is segmented into Pharmaceutical & Biotechnology Companies, Contract Research Organizations, Research & Academic Laboratories and others.
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Players in the Global 3D cell culture Market
Some of the key players in this market are Thermo Fisher Scientific Inc, Lonza, Corning Incorporated, Kuraray Co Ltd, Becton, Dickinson and Company, Merck KGaA, Charles River Laboratories Inc, Tecan Trading AG, ReproCELL Europe Ltd, The Electrospinning Company, Lena Biosciences, Inc., InSphero, and others.
Global 3D cell culture Market, on the basis of region, is divided into the Americas, Europe, Asia Pacific and the Middle East & Africa.
The Americas 3D cell culture market was valued at USD 279.77 million in 2016 and is expected to reach USD 1318.73 million by 2023 at a CAGR of 27.79% during the forecast period. In the region, North America accounted for the largest market share with 78.8% for the 3D cell culture market.
The Americas dominated the global 3D cell culture market owing to the presence of prominent manufacturers, with the well-established market such are Thermo Fisher Scientific Inc, Lonza, Corning Incorporated, Kuraray Co Ltd, Becton, Dickinson and Company, Merck KGaA, and various others generate a huge amount of revenue for 3D cell culture market. Furthermore, rising drug discoveries in the region have accounted for a considerably large market share. Additionally, rising need for organ transplantation is also pushing the growth of the market. According to U.S. Department of Health & Human Services Organ Procurement and Transplantation Network (OPTN), as of November 2016, 121,678 patients were estimated to be waiting for a life-saving organ transplant. Similarly, U.S. Government Information on Organ Donation and Transplantation, in 2016 around 33,611 transplants were performed. Additionally, around 20 patients die daily waiting for a transplant. This rising demand form organ transplantation is likely to enhance the growth of 3D cell culture market in the Americas region.
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#3D Cell Culture Market#3D Cell Culture Market Growth#3D Cell Culture Market Share#3D Cell Culture Market Size 3D Cell Culture Market#3D Cell Culture Market trends
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Respiratory Therapeutic Devices Market Growth, Market Highlights And Industrial Trends Demand And Sales Till 2023
Respiratory Therapeutic Devices Market Research Report, By Product (Nebulizers, Humidifiers) By Technology (Electrostatic Filtration, HEPA) By Application (Asthma, COPD, Cystic Fibrosis) By End Users (Hospitals, Home Care) - Global Forecast till 2023
Competitive Landscape
ACare Technology (Taiwan), Drägerwerk AG (U.S.), Rotech Healthcare Inc. (U.S.), Chart Industries (U.S.), GE Healthcare (U.K), Koninklijke Philips N.V (the Netherlands), Bayer AG (Germany), Smiths Group Plc. (U.S.), Fisher & Paykel Healthcare (New Zealand), F. Hoffmann-La Roche Ltd (Switzerland), BD. (U.S.), Inogen (U.S.), and Masimo. (U.S.) are the notable players in the global respiratory therapeutic devices market.
Overview
The growth of the Global Respiratory Therapeutic Devices Market is primarily led by the recent surge in the incidence of chronic respiratory diseases such as asthma, COPD, and sleep disorder breathing. As per the estimates of the World Health Organization (WHO), approximately 235 Mn people suffered from asthma in 2017 across the globe. The growing burden of chronic respiratory diseases (CRDs) induces strong demand for respiratory therapeutic devices within the market. Moreover, with the increase in the global aging population, there is a greater need for respiratory therapeutic devices.
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The Global Respiratory Therapeutic Devices Market is predicted to scale to new heights and expand at a CAGR of 10.8% over the forecast period of 2017-2023, asserts Market Research Future (MRFR) in an in-depth study.
The aged populace is more susceptible to suffering from such disorders and can help stimulate market growth. Technological advancements in respiratory therapeutic devices which have resulted in the incorporation of advanced features along with outlay of massive amounts on R&D activities by medical device manufacturers are expected to foster the growth of the market. High demand for respiratory therapeutic devices in home healthcare setting is a key factor in boosting the growth of the market.
Devices such as humidifiers, nebulizers, and oxygen concentrators are massively popular in the management of pulmonary diseases in the home healthcare setting and generate considerable demand within the market. In contrast, the growth of the market might be impeded by lack of awareness regarding respiratory disorders.
Industry Updates
Nuvaira, a US-based medical device company raised funds worth USD 79 Mn to develop its lung denervation system for the treatment of COPD ( chronic obstructive pulmonary disease) and asthma. The financing is a collaboration by companies such as US Venture Partners, Endeavour Vision, Lightstone Ventures, Richard King Mellon Foundation, and Qiming Venture Partners.
Convexity Scientific, a medical technology company which designs and develops medical devices, announced an agreement with Capsule, a company rebuilding the pharmacy industry to make Convexity’s Flyp Nebulizer available to healthcare provider in the New York city area. Flyp Nebulizer is a respiratory therapeutic device designed to simplify self-care for patients with COPD and asthma.
Regional Analysis
The Americas dominate the global respiratory therapeutic devices market owing to a huge patient population having cardiopulmonary diseases and well-developed healthcare sector. Moreover, the concentration of the global players like Masimo., BD., Smiths Group plc., besides others along with the increasing healthcare expenditure fuels the regional market growth during the forecast period. In 2015, according to the Centers for Disease Control and Prevention, in the U.S. the total healthcare expenditure accounted for 17.8% of the total gross domestic product (GDP), which accounted for USD 3.2 trillion.
Europe is the second largest respiratory therapeutic devices market owing to a well-developed healthcare infrastructure, government support for research & development, and huge patient population. In 2017, according to a study published in the Asthma Research and Practice Journal, the total estimated cost per year for all the asthmatics per patient is about USD 1,900.
Asia Pacific is the fastest growing market due to the presence of a huge patient population, continuously developing economies like India and China, and the presence of huge opportunities in the market. Moreover, favorable government policies and increasing healthcare expenditure fuel the market within the region.
On the other hand, the Middle East & Africa holds the least share of the global respiratory therapeutic devices market due to the presence of poor economy, especially, within the African region. Majority of the market of this region is held by the Middle East due to the huge healthcare expenditure.
Segmentation
The global respiratory therapeutic devices market is segmented on the basis of product, technology, application, and end users.
On the basis of the product, the market is segmented into nebulizers, capnography, humidifiers oxygen concentrators, and others. The nebulizers segment is sub-segmented into soft mist inhaler, human-powered nebulizer, and others. The capnography segment is sub-segmented into main-stream capnography, side-stream capnography, and others.
On the basis of the technology, the market is segmented into electrostatic filtration, HEPA filtration, hollow fiber filtration, microsphere separation, and others.
On the basis of the application, the market is segmented into asthma, chronic obstructive pulmonary disease (COPD), cystic fibrosis, and others.
On the basis of the end users, the market is segmented into hospitals & clinics, retail pharmacies, home care, and others.
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#Respiratory Therapeutic Devices Market#Respiratory Therapeutic Devices Market Growth#Respiratory Therapeutic Devices Market Share#Respiratory Therapeutic Devices Market Size#Respiratory Therapeutic Devices Market Trends
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Immunotherapy Drugs Market Industrial Trends, Research and Global Industry Analysis Till 2023
Immunotherapy Drugs Market Trends And Growth Analysis By Type (Implant Reconstruction, Autologous Or "Flap" Reconstruction), Product Type (Silicone, Saline) End User (Hospitals & Clinics, Ambulatory Surgical Centers) – Global Forecast Till 2023
Majority of manufacturers are actively working in research & development of immunotherapy drugs because of huge necessities like better treatment. Some manufactures are trying to introduce different immunotherapeutic product in the market which will be more effective than present treatment. Many other factors are responsible for increasing the market of immunotherapy drugs like unavailability of absolute treatment and continuous increasing cancer population. On the other hand, long time approval and different adverse effect may restrain the growth of the market.
Immunotherapy Drugs Market Share will grow at a CAGR of 8.9 % over the forecast period 2018 – 2023. Immunotherapy market is expected to witness significant growth due to Increasing cancer population and increasing healthcare expenditure with rising government support for research & development. Therapies like chemotherapy and other radiotherapy is not effective in melanoma cancer. Immunotherapy show a better result for the treatment of melanoma cancer. Immunotherapies are used for limited number of cancer treatment mostly haematological, but they show better results where other therapy is not effective.
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Regional Analysis
Asia Pacific immunotherapy drugs market is segmented into Japan, China, India, Australia, Republic of Korea and Rest of Asia Pacific. The major driving factor for the market is increasing number of patient population in India and China. China and India are the major contributor in the Asia Pacific immunotherapy drugs market. According to the NCIP, 0.33 million of the people in India are suffering from cancer and the number is continuously increasing owing to the changing lifestyle. Moreover, presence of huge patient population and increasing government support for research & development will fuel the growth of the market in India. China holds the second largest market for immunotherapy drugs market which is followed by Japan. Increasing government support, rapidly developing economy and increasing healthcare expenditure will boost the growth of China and Japan market. Moreover, availability of highly skilled healthcare professionals and rising acceptance of these therapies and increasing demand for the treatment have provided push for the growth of the market in these countries. Australia and Rest of Asia Pacific contribute the least share in the market.
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Segmentation
The global Immunotherapy Drugs market is segmented based on therapy area, type of drugs, end user and region.
On the basis therapy area, the market is segmented into cancer, autoimmune & inflammatory diseases, infectious diseases and others. Further, on the basis of type of drugs the market is segmented into Monoclonal Antibodies, Adult Vaccines, Checkpoint Inhibitors, Interferons Alpha & Beta, Interleukins and Others. Further end user is segmented into hospitals & clinics, ambulatory surgical centers, others.
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Structural Heart Devices Market Study on Growth, Trends, Shares and Segmentation with Industrial Insights Till 2023
Global Structural Heart Devices Market Size, Growth and Share Analysis By Type (Heart Valve Devices, Annuloplasty Rings, Occluders, and Delivery Systems), Indication (Valvular Heart Disease, Cardiomyopathy), Procedure (Replacement Procedures, Repair Procedures)–Global Forecast Till 2023
Competitive Landscape:
There are several structural heart device companies that are impacting the market by launching new structural heart disease devices and implementing other strategies that include mergers, acquisitions, collaborations, spurring the investment in the research and development sector, and others. These companies are Medtronic plc (Ireland), Edwards Lifesciences Corporation (US), LivaNova plc (UK), Abbott (US), Boston Scientific Corporation (US), ST. Jude Medical, Biomerics, Comed BV, JenaValve Technology, Inc., Endologix Inc. (US)., Cook Group Incorporated (US), CardioKinetix, and W. L. Gore & Associates, Inc. (US). MRFR’s analysis of the market focuses on the recent developments made by these companies that will give know-how of how the companies are trying to perform in the coming days. This will also boost the strategy making policies.
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Overview:
The global structural heart devices market is on a path to score a CAGR of 10.4% during the forecast period of 2018 to 2023. Market Research Future (MRFR), in its report, dealt with several factors and restraints to understand the market flow.
Factors included in the market report are the hike in investment for the research and development facilities, better inclusion of advanced technologies, and rising demand for minimally-invasive surgeries. Various private and public organizations are ensuring the maintenance of a proper line of investment flow during the forecast period. A surge in demand for minimally-invasive surgeries is providing scope for the incorporation of advanced technologies. In developing regions, growing development in the healthcare facilities is going to attract better investment and ensure a hike in market revenues.
However, the high cost of products can be a restraint for the global structural heart devices market. In addition, stringent government policies can deter growth.
Regional Analysis
The Americas is projected to lead the structural heart devices market in the forecast period. Rising rate in a number of surgeries due to factors such as diabetes, high blood pressure, and others contribute majorly to the growth of the market. Increasing healthcare awareness, advancement in technology, medical tourism, and an increase in disposable income are some other factors that boost the growth of the market.
The European market is expected to hold the second largest market share as structural heart devices market is most common in Germany. The European market is projected to grow because of the increase in elderly population, growing prevalence of diabetes, and obesity in the region.
Asia-Pacific was projected to be the fastest growing region for the global structural heart devices market in 2018. The market is expected to witness growth owing to the rising patient population, changing lifestyle, and growing elderly population. This is expected to provide favorable backgrounds for the market to grow.
The Middle East and Africa accounts for the least share due to stringent government policies and low per capita income.
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Segmentation
The global structural heart devices market has been segmented on the basis of type, indication, procedure, and end-user. On the basis of type, the market has been classified as heart valve devices, occluders and delivery systems, annuloplasty rings, accessories, and other devices. The heart valve devices are segmented into transcatheter heart valves and surgical heart valves. The surgical heart valves are further sub-segmented into tissue heart valves and mechanical heart valves. On the basis of indication, the market has been classified as valvular heart disease, cardiomyopathy, congenital heart defects, and others. The valvular heart disease is segmented into regurgitation and stenosis. On the basis of procedure, the market has been classified as Replacement Procedures and repair procedures. The Replacement Procedures is segmented into TAVR procedures and SAVR procedures. The repair procedures are segmented into closure procedures, annuloplasty, valvuloplasty, and TMVR procedures. On the basis of end-users, the market has been classified as hospitals, ambulatory surgery centers, and others.
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Biobanking Market Applications, Demand, Sales and Cost Structure Till 2023
Biobanking Market Research Report: By Product & Services (Equipment, Consumables, and Services), Sample Type (Blood Products), Storage Type (Manual Storage), Application (Regenerative Medicine) and End-User (Hospitals, Others) – Global Forecast till 2023
Overview:
However, the biobanking market is also getting muddled by a lot of ethical questions owing to which the expected rise could drop a little during the forecast period.
The global biobanking market is expected to rise from its previous valuation of USD 950 million in 2017 with a 7.6% CAGR during the forecast period (2018-2023). Market Research Future (MRFR) in their latest article on the market revealed these figures while thoroughly analyzing the market demography. Biobanking is primarily a kind of biorepository to store samples for future references. These samples impact researches such as genomics and personalized medicine sector. The data received from samples can often be used for several purposes. Rising demand for biosamples, tumor cells for clinical trials and others can provide substantial traction to the market. The increasing rate of investment from both the private and public sector can trigger impressive growth.
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Competitive Landscape:
Influential companies to impact the biobanking market are Thermo Fisher Scientific Inc., Greiner Holding AG, Hamilton Company, VWR Corporation, Tecan Trading AG, Becton Dickinson and Company, Ltd, Qiagen N.V., Merck KGaA, Brooks Automation, Inc., Chart Industries, Inc., Promega Corporation, Panasonic Healthcare Holdings Co., and others. MRFR enlists them for their strategic developments which can help the market in the expansion.
In 2019, the inauguration of the Cancer Phenome-Biobanking System and Biomonitoring Program or the Biobank facility at the Philippine General Hospital marked the development in cancer research status of the nation. The site is open to the University of the Philippines (UP) and other Philippine universities where they can conduct high-grade researches.
Regional Analysis
The Americas dominates the global biobanking market owing to the increasing prevalence of chronic diseases and presence of a well-developed healthcare sector within the region. Moreover, the increasing healthcare expenditure and presence of key players within the regional boundaries provide a favorable background for the market growth.
Europe is the second largest in the global biobanking market. Factors such as the increasing availability of funds for research and a huge patient population followed by a well-developed healthcare sector drive the market within the region.
Asia Pacific is estimated to be the fastest growing market for biobanking. This can be attributed to the presence of developing economies such as India and China. Moreover, the increasing healthcare expenditure and a rapidly developing healthcare sector boost the market growth within the region.
On the other hand, the Middle East and Africa has the least share in the global biobanking market due to low per capita healthcare expenditure and stringent government policies, especially within the Africa region. It is estimated that the Middle East holds a majority of the market within the Middle Eastern and African region.
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Segmentation
The global biobanking market is segmented on the basis of products and services, sample type, storage type, application, end-user, and region. Considering products and services, the market is segmented into equipment, consumables, services, and software. Equipment is further sub-segmented into storage equipment, sample analysis equipment, sample processing equipment, sample transport equipment, and others. Consumables are further sub-segmented into storage consumables, analysis consumables, processing consumables, collection consumables, and others. Services are sub-segmented into storage services, processing services, transport services, and supply services. By sample type, the market is segmented into blood products, human tissues, cell lines, nucleic acids, biological fluids, and others. Based on storage type the market is segmented into manual storage and automated storage. On the basis of application, the market is segmented into regenerative medicine, life science research, and clinical research. By end-user, the market is segmented into hospitals, diagnostic laboratory, research centers, and others. Based on region the market is segmented into Americas, Europe, Asia Pacific, and the Middle East and Africa. The American region is segmented into North America and South America.
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#Biobanking Market Growth#Global Biobanking Market#Global Biobanking Market Size#Biobanking Market Share
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Prefilled Syringes Market Regional Factors and Analysis Under Global Industrial Research Forecast Till 2024
Global Prefilled Syringes Market Research Report: Information by Material (Glass Prefilled Syringes, Oil Siliconized Syringes, Baked on Silicone Syringes and Plastic Syringes), Type (Conventional Prefilled Syringes and Safety Prefilled Syringes), Design (Single-Chamber Prefilled Syringes, Dual-Chamber Prefilled Syringes and Customized Prefilled Syringes), End User (Hospitals/Clinics and Ambulatory Surgical Center) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) - Forecast till 2024
Prefilled syringes are defined as disposable syringes (meant for one-time use) that are already filled with the pharmaceutical substances that are to be injected into the patient’s body. A new report on the global prefilled syringes market, published by Market Research Future (MRFR), points out that this market could see a rise at 10.20% CAGR between 2016 and 2024. In terms of money value, the market can be worth USD 8397.23 Mn by the end of the forecast period.
The market driver of the highest stature for the global prefilled syringes market growth is the increase in chronic ailments and demand for advanced medical facilities. The rise in diabetes, cancer, and cardiovascular disorders is also causing market growth. Other important market drivers are increasing research & development (R&D), demand for convenient drug delivery methods, elimination of dosing errors, need for more effective methods for unit dose medication, greater dose precision, suitability for home use, and initiatives from different governments around the world to boost healthcare sector.
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Market Segmentation
The global prefilled syringes market segmentation encompasses design, end-user, material, and type. MRFR’s take on the market surveys various facets of the market in-depth.
The design-based segmentation of this market covers single-chamber prefilled syringes, dual-chamber prefilled syringes, and customized prefilled syringes. During the forecast period, the dual-chamber prefilled syringes segment is expected to grow at 10.31% CAGR. Single-chamber prefilled syringes segment is expected to hold the larger market share of 56% in the global market.
Regarding end-users, the market has been segmented into the ambulatory surgical center and hospitals/clinics. Due to the growing number of public hospitals as well as private hospitals, the hospitals segment has been anticipated to grow faster during the forecast period.
Based on material, the market has been segmented into glass prefilled syringes and plastic syringes. The glass prefilled syringes segment has been sub-segmented into baked on silicone syringes and oil siliconized syringes. Plastic syringes segment has higher growth due to its usage in many applications of pharmaceutical packaging during the forecast period.
By type, the market has been segmented into conventional prefilled syringes and safety prefilled syringes. Conventional prefilled syringes held the larger market share of about 68% in 2017.
Regional Segmentation
A geographical outlining of the global prefilled syringes market covers Europe, The Americas (North America & South America), Asia Pacific, and the Middle East & Africa (MEA).
Europe has been holding the maximum market share of 41.4% since 2017, and the status quo is expected during the forecast period. In this region, the market is elevating due to the rising geriatric population, demand for quality healthcare, and growing trend of home-based treatment separate with high healthcare expenditure. Due to technological advancement, the presence of some key market players, and the availability of advanced medical facilities, Western Europe is a bigger regional market segment compared to Eastern Europe. The most powerful country-specific markets in Western Europe are France, Germany, Italy, Spain, and the UK.
The Americas region is the second-largest regional market as North America anyways holds the potential to emerge as a powerful regional market due to technological advancement, availability of advanced medical facilities, and presence of key market players. USA and Canada generate the maximum market revenue in this region.
During the forecast period, the Asia Pacific region can expand rapidly at 10.78% CAGR due to ample prospects and unceasingly developing economies. Japan is an important country-specific market due to the increasing number of private and public hospitals and quick adoption of plastic devices along with modern healthcare developments. Other valuable country-specific markets in this region are Australia, China, India, and South Korea.
The MEA has less economic developments and very low per capita income. However, this region can develop as a market in the future as the demand for better medical facilities is here.
Key Players
Big players in the global prefilled syringes market include Abbott (USA), Baxter International (USA), Becton Dickinson & Company (USA), Gerresheimer AG (Germany), Medtronic (Ireland), Nipro Corporation (Japan), OMPI (A Stevanato Group Company) (Italy), Schott AG (Germany), Terumo Corporation (Japan), Vetter Pharma International GmbH (Germany), Weigao Group (China), and West Pharmaceutical (USA).
Latest Industry News
Made by Regeneron, chemistry, manufacturing, and controls prior-approval supplement for the Eylea injection prefilled syringe that has been approved by the USFDA. 13 AUG 2019
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Metal Implants and Medical Alloys Market Growth and Investment Feasibility By 2025
Global Metal Implants and Medical Alloys Market Research Report: Information by Material Type (Titanium, Stainless Steel, Cobalt-Chromium and others), Application [Orthopedic (Joint Reconstruction Devices, Trauma Fixation Devices and Spinal Implants), Cardiovascular (Stents, Implantable Cardiac Pacemakers, Implantable Cardioverter Defibrillators, Guidewires, Mechanical Heart Valves), Dental (Dental Implants, Orthodontic Appliances, Metallic Bridges and Crowns), Craniofacial Implants (Cranial Implants and Facial Implants) and Neurological] and Region - Forecast till 2025
Metal implants and medical alloys market has registered burgeoning growth in the recent decades due to the expanding geriatric population and rising number of accidents and injuries that are necessitating the use of implants. Bones in older people generally weaken giving rise to various problems such as low bone density and osteoporosis that can lead to increased bone fracture. They also tend to lose teeth which makes a strong case for dental metal implants. Estimates show that metal implants and medical alloys market which amassed a revenue of USD 10,310 million in 2018, is expected to register a CAGR of 9.1% over 2019-2025.
Various metals such as titanium, cobalt, iron, chromium, and tantalum are used in manufacturing metal implants. Metals can essentially replace bone structures that have either been damages in accidents or have worn out with age. Metal implants are often worn out after a span of 15 to 20 years which gives rise to the need of revision surgeries for new implants. Previously older people were less active which helped their implants to last longer. But in the recent decades, people even above the age of 60 have been found to be much more active as they prefer to jog, play golf or ride their bikes. The need to maintain an active lifestyle added a potent boost to metal implants and medical alloys market.
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Road accidents are increasing around the world and estimates show that nearly 20 to 50 million people are injured and disabled in road accidents. In many cases people require bone reconstruction that necessitate temporary or permanent implants. Considering the fact that most of the people involve in road accidents are found to be aged between 15 to 44, it is predictable that many who receive an implant as that age will go on to live a long life and hence require revision surgeries to replace worn out metal implants thus adding growth scope to metal implants and medical alloys market.
Metal alloys are substances that are made by melting two or more elements together. For instance, titanium alloy is made by mixing with chromium, iron etc. with titanium and the resultant substance is stronger than titanium itself. Titanium alloy is extensively used is dental implants. High cost of medical alloys can be one of the factors deterring the growth of metal implants and medical alloys market. However, research and development activities to design low cost titanium alloy is underway in several parts of the world which in turn can help in the growth of metal implants and medical alloys market.
Segmentation:
The metal implants and medical alloys market is segmented on the basis of material type, application and region.
Depending on material type, metal implants and medical alloys market is further subdivided into titanium, cobalt-chromium, stainless steel and others. In 2018, titanium was estimated to have dominated the market due to its biocompatible nature. Titanium alloys are extremely strong, thus resisting wear and tear and have lower weight when compared to other implant materials. Such features have created a wide scope for titanium alloy usage in diversified range of implant applications.
By application, metal implants and medical alloys market is subdivided into orthopedic, dental, craniofacial, neurological and cardiovascular. There are several sub segments of the orthopedic segment, namely, joint reconstruction devices, spinal implants and trauma fixation devices. The orthopedic segment is expected to dominate the metal implants and medical alloys market over the forecast period after having spearheaded its growth in 2018. This can be attributed to the rising number of osteoporosis-related fractures, obesity and surging orthopedic implant surgeries.
By region, metal implants and medical alloys market is segmented into Americas, Europe, Asia Pacific and MEA.
Competitive Landscape:
Some of the leading participants in the metal implants and medical alloys market include Zimmer Biomet, ATI Specialty Alloys & Components, DePuy Synthes, Aperam, Materion Corporation, Fort Wayne Metals Research Products Corp, AMETEK Inc., Wright Medical Group N.V., Royal DSM and Supra Alloys.
Industry News:
Metal implants and medical alloys market is creating its own growth scope with technology improvements that can be achieved through collaborations as well. For instance, a recent exclusive global license has been signed between Sweden-based Bactiguard and U.S. based Zimmer Biomet in which innovative infection prevention technologies developed by Bactiguard will be used on orthopedic trauma implants of Zimmer Biomet. The agreement involves a payment of $3 million to Bactiguard at signing and an additional $2 million upon receiving clearances by U.S. regulatory bodies and post-commercialization royalties on net sales.
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Hemostasis and Tissue Sealing Agents Market Size, Growth, Trends, Regional Factors and Analysis Under Global Industrial Research Forecast Till 2023
Hemostasis and Tissue Sealing Agents Market Research Report: by Product (Topical hemostats, Mechanical), End User (Hospital, Ambulatory Centers) - Global Forecast Till 2023
Hemostasis and Tissue Sealing Agents Market Highlights
The global hemostasis and tissue sealing agents market is projected to grow at a CAGR of 8.6% over the forecast period. There has been increasing demand for such products as it reduces complication during surgical procedures. Moreover, large number of surgical procedures across the globe are impacting the growth of the market positively. Increasing numbers of surgery procedures worldwide is one of another reason for driving the growth of the hemostasis and tissue sealing agents market.
Surgeries are performed by making cut on the body which leads to the wound formation. Hemostasis and tissue sealing agents products are used in external surgical processes for reducing bleeding. For example, they are used in neurosurgical procedures, cardiac surgery, bariatric surgery, leg surgery, cesarean and orthopedic surgery. Hemostasis and tissue sealing agents products, are frequently used to reduce complexity and reduce recovery time after surgery. The high surgical procedure numbers lead to rising need for hemostasis and tissue sealing agents which reduces the risk during surgical procedures. However, factors such as increasing advancement minimally invasive procedures, lack of reimbursement for these products is hampering the growth of the market
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Hemostasis and Tissue Sealing Agents Market Regional Analysis
Geographically, the Americas is anticipated to dominate the global hemostasis and tissue sealing agents market owing to the high clinical R&D budgets by both government as well as public and private organizations, presence of major manufacturers for the products, high number of surgical procedures and various others. For instance, according to the Center for Diseases Control and Prevention, approximately 46.5 million surgical procedures are performed every year in the U.S.
Europe is expected to hold the second largest position in the global hemostasis and tissue sealing agents market. The Hemostasis and tissue sealing agents market in Asia-Pacific region consists of countries namely China, Japan, Republic of Korea, India, Australia and Rest of Asia-Pacific. The Asia-Pacific region is expected to be fastest growing region owing to increased medical tourism for surgical procedures, increasing healthcare expenditure in developing countries and various others. The Middle East & Africa has the lowest share of the global hemostasis and tissue sealing agents market. Majority of the market of the region is anticipated to be held by the Middle East region owing to the growing government initiatives for the healthcare sector.
Hemostasis and Tissue Sealing Agents Market Segmentation
The global hemostasis and tissue sealing agents market has been segmented into product, and end user.
By product, the market has been segmented into topical hemostats, and adhesive & tissue sealant. Furthermore, topical hemostats is divided into Active, mechanical (collagen based hemostats, cellulose based hemostats, gelatin based hemostats, polysaccharide based hemostats) Flowable. Adhesive & tissue sealant is further segmented into synthetic, natural, and adhesion barrier.
Further based on end user the market is bifurcated into hospitals, ambulatory centers and
Hemostasis and Tissue Sealing Agents Market Key Players
Some of the prominent players in the global hemostasis and tissue sealing agents market are Johnson & Johnson, Cryolife, Inc., Baxter International, Inc, Ethicon LLC, Integra Lifesciences Corporation, Becton, Dickinson & Company, Cohera Medical, Inc., Pfizer, Inc, Medtronic plc, B. Braun Melsungen AG, MIL Laboratories Pvt. Ltd, Advanced Medical Solutions Group Plc and others.
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Inflammatory Bowel Disease Treatment Market Expected 2.5% CAGR Forecast Till 2023
Inflammatory Bowel Disease Treatment Market: Information by Drug Class (TNF Inhibitors, Aminosalicylates) Disease Indication (Ulcerative Colitis, Crohn’s Disease) Distribution Channel (Hospital Pharmacy), End-User (Hospitals & Clinics)—Forecast till 2023
According to Market Research, Future (MRFR), the inflammatory bowel disease treatment market is expected to record a 2.5% CAGR during the prediction period.
The global inflammatory bowel disease treatment market is proliferating worldwide due to influential factors such as the growing prevalence of Crohn’s disease and ulcerative colitis, government support for inflammatory bowel disease treatment research, advances in medical technology, and the increasing incidence of anxiety and depression. Furthermore, a growing number of drugs in a clinical trial and the rising popularity of pre-biotic and pro-biotic food products is likely to contribute to the market growth in the assessment period. Though, higher capital investments essential for drug discovery, insufficient effectiveness of treatment available in the market, and severe drug regulatory policies are restricting the growth of the inflammatory bowel disease treatment market.
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Segmental Analysis
The global market for inflammatory bowel disease treatment has been segmented based on drug class, distribution channel, disease indication, and end-user. by drug class, the market for inflammatory bowel disease treatment has been segmented into aminosalicylates, corticosteroids, immunomodulators, and TNF inhibitors. Based on disease indication, the inflammatory bowel disease treatment market has been segmented into Crohn’s disease and ulcerative colitis. Based on the distribution channel, the global market for inflammatory bowel disease treatment has been segmented into hospital pharmacy, online pharmacy, and retail pharmacy. The end-users operating in the global inflammatory bowel disease treatment market, the market has been segmented into hospitals and clinics, and others.
Regional Analysis
Based on the region, the market has been segmented into the Americas (North America and Latin America) , Europe, Asia-Pacific (APAC), and the Middle East & Africa (MEA). Americas is expected to account for the largest inflammatory bowel disease treatment market share. The developed infrastructure in the region is likely to improve the growth of the inflammatory bowel disease treatment market over the review period. Consequently, increasing per capita income along with the rising healthcare expenditure is expected to contribute to the market growth in the Americas over the forecast period. Moreover, the increasing prevalence of anxiety and gluten allergies and consumer inclination towards junk food have led to the growing number of patients suffering from inflammatory bowel disease in the region. Furthermore, the presence of key market players, rising health awareness among consumers, and the established healthcare sector are significant factors influencing the market growth.
Europe was the second-largest region in the inflammatory bowel disease treatment market. The European market is expected to display steady growth during the forecast period owing to the increasing prevalence of inflammatory bowel disease, unhealthy lifestyle habits, the rising rate of alcohol abuse, and the growing incidence of stress disorders, anxiety, and depression among adults. Additionally, factors such as increasing initiatives by the governments and increased funding for research, the expansion of advanced medical treatment options, and convenience of favorable reimbursement policies are likely to drive the growth of the market for inflammatory bowel disease treatment in Europe over the review period.
Asia-Pacific is anticipated as the fastest-growing inflammatory bowel disease treatment market with an exponential rise in the patient population. Developing countries such as Japan and China are expected to be the largest markets for inflammatory bowel disease treatment in Asia-Pacific. The rising prevalence of stress disorders, anxiety, and depression among adults along with the increasing substance abuse of alcohol and the sedentary lifestyles of consumers are expected to result in an increase in the patient pool, consequently fueling the need for treatment drugs. Additionally, reasonably lenient drug regulatory policies and increasing initiatives by the government towards healthcare reform are expected to push the market growth forward during the forecast period. Increasing healthcare expenditure and increasing consumer standards of living in the region are also driving the growth of the market for inflammatory bowel disease treatment in the Asia Pacific in the forecast period.
The inflammatory bowel disease treatment market in the Middle East & Africa is estimated to witness the lowest growth rate and the smallest market share over the review period, owing to a lack of awareness about the disease, restricted access to and accessibility of treatment facilities, and lesser prevalence of the disorder in the region. However, the market share is expected to be majorly contributed by the middle eastern developing countries such as Kuwait, UAE, and Saudi Arabia.
Key Players
Key market players are Abbott Laboratories, AbbVie, Inc., Allergan plc, Alkem Laboratories Limited, Biogen Inc., Janssen Biotech, Inc., Novartis AG, Pfizer Inc., Takeda Pharmaceutical Company Limited, UCB Inc, Valeant Pharmaceuticals International.
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Biobanking Market Trends, Shares and Segmentation with Insights to 2023
Biobanking Market Research Report: By Product & Services (Equipment, Consumables, and Services), Sample Type (Blood Products), Storage Type (Manual Storage), Application (Regenerative Medicine) and End-User (Hospitals, Others) – Global Forecast till 2023
Overview:
The global biobanking market is expected to rise from its previous valuation of USD 950 million in 2017 with a 7.6% CAGR during the forecast period (2018-2023). Market Research Future (MRFR) in their latest article on the market revealed these figures while thoroughly analyzing the market demography. Biobanking is primarily a kind of biorepository to store samples for future references. These samples impact researches such as genomics and personalized medicine sector. The data received from samples can often be used for several purposes. Rising demand for biosamples, tumor cells for clinical trials and others can provide substantial traction to the market. The increasing rate of investment from both the private and public sector can trigger impressive growth.
However, the biobanking market is also getting muddled by a lot of ethical questions owing to which the expected rise could drop a little during the forecast period.
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Segmentation:
MRFR segments the global biobanking market on the basis of products and services, sample type, storage type, application, and end-user for a better analysis and holistic overview of the market.
Based on the products and services, the biobanking market can be segmented into equipment, consumables, services, and software. The equipment segment includes sample analysis equipment, storage equipment, sample transport equipment, sample processing equipment, and others. The consumables segment comprises processing consumables, analysis consumables, storage consumables, collection consumables, and others. The services segment includes transport services, processing services, storage services, and supply services.
Based on the sample type, the biobanking market consists blood products cell lines, nucleic acids, biological fluids, human tissues, and others.
Based on the storage type, the biobanking market includes manual storage and automated storage.
Based on the application, the biobanking market is segmented into life science research, regenerative medicine, and clinical research.
Based on the end-user, the biobanking market can be segmented into research centers, hospitals, diagnostic laboratory, and others. The hospitals segment is substantially growing and would be able to increase its share during the forecast period.
Regional Analysis:
Region-specific analysis of the biobanking market leads to the inclusion of the Americas, Europe, Asia Pacific (MEA), and the Middle East & Africa (MEA). The regional market has two regions, North America and South America. North America’s entry depends mostly on the prospect associated mainly on the superlative infrastructure. The U.S. is one chief contributor of the region where growth in the number of hospital-based biobanks is driving the demand forward. Canada is expected to amass the maximum CAGR during the forecast period. The market is getting driven by cost-effective aspects.
The European biobanking market is relying mostly on the investments granted for research and development from various organizations and governments. It is getting further aid from advanced technologies. Germany and the U.K. provide the maximum coverage for the regional market growth the market and is receiving substantial backup from the healthcare sector.
Asia Pacific’s growth is expected to be the fastest as the technology is getting increasingly adopted in the healthcare sector to meet the demands generated by chronic diseases. Early diagnosis and treatment are necessary in such cases which are driving the business growth ahead.
The MEA biobanking market can record a steady rise owing to the poor infrastructure. Researches are mostly taking place in the Middle East part where countries are investing money to get better healthcare benefits. In the African region, awareness about biobank facilities is fueling the growth of the market.
Competitive Landscape:
Influential companies to impact the biobanking market are Thermo Fisher Scientific Inc., Greiner Holding AG, Hamilton Company, VWR Corporation, Tecan Trading AG, Becton Dickinson and Company, Ltd, Qiagen N.V., Merck KGaA, Brooks Automation, Inc., Chart Industries, Inc., Promega Corporation, Panasonic Healthcare Holdings Co., and others. MRFR enlists them for their strategic developments which can help the market in the expansion.
In 2019, the inauguration of the Cancer Phenome-Biobanking System and Biomonitoring Program or the Biobank facility at the Philippine General Hospital marked the development in cancer research status of the nation. The site is open to the University of the Philippines (UP) and other Philippine universities where they can conduct high-grade researches.
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3D Printing Medical Devices Market Applictions, Demand, Sales and Cost Structure Analysis, Forecast to 2023
Global 3D Printing Medical Devices Market: by Types (surgical guides and others), by Component (system and others), by Technology (3D printing and others), by Application (external wearable devices, implants and others), by End-users - Forecast till 2023
3D printing functions an essential part of the medical and dental manufacturing sector and is the preferred choice of medical device manufacturers, for its cost-effective production of all types of medical devices such as the custom-made knee, hearing aids, hip implants, and prostheses.
Global 3D printing medical devices market is anticipated to grow due to influential factors such as the increase in investment by the growing use of 3D printing device in the healthcare industry the governments towards the healthcare sector, rising technological advancements in 3D printing, and easy production of medical devices.
According to a report issued by Market Research Future (MRFR), the global 3D printing medical devices market has been assessed to grow at a CAGR of 18% during the forecast period from 2018 to 2023.
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Segmental Analysis
The global 3D printing medical devices market has been segmented into types, component, technology, application, end-users, and regions.
Based on types, the global 3D printing medical device market has been segmented into prosthetics & implants, surgical guides, surgical instruments, and tissue engineering product. The surgical guide segment has been assessed to account for the largest market share in the type segment over the forecast period, due to its advantage of providing accurate implant restoration, resulting in a rise in the demand for the surgical guide has been increasing, and this is a crucial factor driving the growth of this market segment.
Based on the component, the market for 3D printing medical devices has been segmented into the 3D bioprinter, 3D printer, materials, software & services, and system. Software & services segment is projected to account for the largest market share in the component segment over the forecast period, due to the increase in advancements in the software solutions for manufacturing high-quality 3D-printed medical products.
On the basis of technology, the 3D printing medical device market has been segmented into 3D printing, droplet deposition, electron beam melting (EBM), laminated object manufacturing (LOM), laser beam melting, photopolymerization, poly-jet technology, and others. Photopolymerization segment has been assessed to account for the largest market share in the technology segment over the forecast period.
Based on application, the global market for 3d printing medical device has been segmented into clinical study devices, external wearable devices, implants, and tissue engineering. The external wearable devices segment assessed to account for the largest market share in the application segment over the forecast period.
By end-users, the market has been segmented into academic institutions, contract research organization, hospitals, medical and surgical centers, and pharma and biotech companies. The medical and surgical centers segment has been assessed to account for the largest market share in the end-user segment over the forecast period, due to the increase in the patient population and decrease in surgical and infection risks.
Based on the region, the market has been segmented into the Americas, Europe, Asia Pacific, and the Middle East and Africa.
Regional Analysis
North America has been expected to dominate the global 3D printing medical device market over the forecast period, due to the growth in the demand for organ transplant surgeries in the region, and the increase in investments made by the government towards the research and development of advanced 3D printing technologies.
Europe is the second-largest regional market for 3D printing medical devices, owing to favorable government investments, rise in research and development. Additionally, the changing lifestyles of consumers have led to an increase in patient population and number of surgeries, consequently contributing to the growth of the 3D printing medical device market in the region.
Asia-Pacific has been assessed to grow as the fastest-growing region in the 3D printing device market through the forecast period, due to the growing prevalence of chronic diseases such as diabetes, blood pressure disorders among others, the increasing investments in the healthcare sector by the government, and increase in the geriatric population.
The Middle East & Africa region has been accounted for the comparatively smallest market share in the global 3D printing medical devices market owing to a healthcare sector that needs improvement, lack of medical knowledge, and inadequate medical facilities.
Key Players
The key players identified in the global 3D printing medical devices market are 3D Systems Corporations, 3T RPD Ltd., Arcam AB, Bio3D Technologies, EnvisionTEC, Cyfuse Medical K.K.EOS GmbHConcept, Laser GmbH, Materialise NV, Organovo Holdings, Inc., Oxford Performance Materials, Inc., Renishaw plc, Prodways Group, Stratasys Ltd., and SLM Solutions Group AG.
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Wheelchair Market Trends and Share Analysis, Forecast Till 2024
Global Wheelchair Market: Information by Product Type (Electric Wheelchair {Rear Wheel Drive Chair}, Manual Wheelchair {Sport Wheelchairs}), Accessories {Wheelchair Ramps}), End-User (Home Care Settings and Hospitals and Clinics) and Region - Forecast till 2024
Market Analysis
The global wheelchair market is likely to touch USD 9,554.07 million at a 2.80% CAGR between 2016-2023, as per the latest Market Research Future (MRFR) report. A wheelchair is basically a chair having wheels that is used when people face difficulty to walk or walking is impossible due to disability, injury, or illness. It is available in different types such as robotic, power, manual, electric, and others to cater to the user’s specific needs. Of these, robotic wheelchairs and power wheelchairs are in great demand, and the key factors adding to the robotic wheelchairs market growth and power wheelchair market growth include increasing aging population, increasing use of automation in healthcare, rising prevalence of multiple sclerosis, and huge healthcare expenditure.
Numerous factors are adding to the global wheelchair market. Such factors, according to the MRFR report, include increasing obesity rate, an increase in spinal cord injuries, growing elderly population, improvement in healthcare facilities, rising handicapped population, rising prevalence of chronic disorders, advances in wheelchair technology, and favorable reimbursement scenario.
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On the contrary, the high price of electric wheelchairs may limit the global wheelchair market growth.
Market Segmentation
The MRFR wheelchair market research report provides an inclusive segmental analysis of the global wheelchair market based on end user and product type.
By product type, the wheelchair market is segmented into the manual wheelchair, electric wheelchair, and accessories. The electric wheelchair is again segmented into front-wheel drive chair, center wheel drive chair, and rear-wheel drive chair. The manual wheelchair is again segmented into sport wheelchairs, bariatric wheelchairs, light & ultra-lightweight wheelchairs, and standard manual wheelchairs. Accessories are again segmented into batteries and chargers, wheelchair trays, armrest accessories, postural support accessories, and wheelchair ramps. Of these, the electric wheelchair will dominate the market over the forecast period.
By end user, the wheelchair market is segmented into hospitals & clinics and home care settings. Of these, home care settings will lead the market during the forecast period.
Regional Analysis
By region, the global wheelchair market report covers the recent trends and growth opportunities across the Americas, Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the Americas will have the lions share in the market during the forecast period for the increasing geriatric population, rising incidence of chronic diseases, and the presence of leading market players.
The global wheelchair market in Europe is predicted to hold the second-largest share during the forecast period for the increasing use of a wheelchair and growing elderly population. It is predicted to touch USD 247.2 million by 2050.
The global wheelchair market in the APAC region is predicted to grow at the fastest pace over the forecast period for the increasing number of hospitals and the huge geriatric population.
The global wheelchair market in the MEA will have a small share during the forecast period for limited access to as well as the accessibility of treatment facilities.
Key Players
Leading players profiled in the global wheelchair market report include Invacare Corporation (US), Medline Industries, Inc. (US), Sunrise Medical (Germany), Levo AG (Switzerland), Pride Mobility Products Corp. (US), Karman Healthcare, Inc. (US), GF Health Products, Inc. (US), Quantum Rehab (US), Ottobock (Germany), and Drive Medical (US). Top wheelchair manufacturers have adopted several strategies to create a footprint in the market, such as collaborations, new product launches, and alliances.
Industry News
March 2020: Israeli robotic standing wheelchair UPnRIDE robotics has received FDA clearance for US sales. This wheelchair will allow quadriplegics to moving around outdoor and indoor environments while standing upright. It is ideal for use for people having ALS, multiple sclerosis, the elderly, paraplegics, quadriplegics, and other conditions that limit mobility.
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Myelodysplastic Syndrome (MDS) Drugs Market Growth and Investment Feasibility By 2025
Global Myelodysplastic Syndrome (MDS) Drugs Market Research Report: Information by Drug Type (Chemotherapy, Immunomodulatory Drugs), Type of Syndrome (Refractory Cytopenia with Multilineage Dysplasia, Refractory Anemia, Refractory Anemia with Excess Blasts, Refractory Anemia with Ringed Sideroblasts, Refractory Cytopenia with Multilineage Dysplasia), Route of Administration (Oral, Parenteral), End-User (Hospitals, Clinics, Ambulatory Surgical Centers) and Region - Global Forecast till 2025
Myelodysplastic syndrome (MDS) are a group of cancers in which blood cells in the bone marrow do not mature making it susceptible to other diseases. When left untreated, MDS can expand to a type of cancer affecting the bone marrow cells known as acute myeloid leukemia (AML). The global myelodysplastic syndrome drugs market report by Market Research Future (MRFR) consists of the various developments in drug discovery, moves by existing players, and other pertinent factors.
Market Overview
The global myelodysplastic syndrome (MDS) drugs market is estimated to reach a significant value by showcasing a CAGR of 10.1% during the forecast period (2018-2023). It stood at USD 1,581.59 million in 2018. Rise in the number of clinical trials for testing the effects of new drugs in combination with chemotherapy can drive the market growth. Approval of decitabine, a product of Lupin Ltd, by the U.S. FDA is an indicator of the acceptance of new drugs by the market.
The rising numbers of the geriatric populace, regulatory approvals, and advocation of clinical trials pertaining to MDS are other major drivers of the global myelodysplastic syndrome drugs market. Improvement of healthcare services by cancer centers and development of novel therapeutics can fuel the market growth successfully till 2023.
But adverse effects of the drugs and risk of infections during blood transfusions can impede the market growth.
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Segmentation
The global myelodysplastic syndrome drugs market is segmented by type, type of syndrome, route of administration, and end-user.
By type, it is segmented into immunomodulatory drugs, chemotherapy, and others. The chemotherapy segment is sub-segmented into hypomethylating drugs and conventional drugs. On the other hand, immunomodulatory drugs are further divided into thalidomide and lenalidomide.
By type of syndrome, it is segmented into refractory cytopenia with multilineage dysplasia, refractory anemia with ringed sideroblasts, refractory cytopenia with excess blasts, refractory cytopenia, and others.
By route of administration, it is segmented into parenteral, oral, and others.
By end-user, it is segmented into ambulatory surgical centers, hospitals, clinics, and others. The hospitals segment is expected to contribute the maximum to the global market net earnings owing to the capability of doctors at hospitals for dealing with a large number of MDS patients.
Regional Analysis
The Middle East & Africa (MEA), Europe, Asia Pacific (APAC), and North America are the main regions considered during the compilation of the market report.
The Americas are touted to reign in the top position in the global MDS drugs market till 2023 due to the high prevalence of patients detected with the disease. According to the American Society of Clinical Oncology in 2019, nearly 10,000 patients are detected with MDS annually.
The APAC MDS drugs market is projected to showcase a massive growth rate due to the large wherewithal in research and development activities. Clinical studies are one of the biggest drivers of the market, with one famous study claiming the different types of cancers affecting patients according to their race.
The European region can be a lucrative area for the global myelodysplastic syndrome drugs market due to approvals from regulatory agencies and clinical studies pinpointing the root causes in genotypes of patients in the region.
Competition Outlook
Sandoz, Otsuka America Pharmaceutical Inc., Celgene Europe Limited, Lupin Ltd Corporation, Shilpa Medicare Limited, Celgene Corporation, Johnson & Johnson, Reddy's Laboratories, Inc., Sun Pharmaceutical Industries Inc., and BluePoint Laboratories are prominent names in the global myelodysplastic syndrome drugs market.
Industry News
Onconova Therapeutics Inc has decided to collaborate with Mission Bio for using the latter’s platform for providing breakthrough treatments for MDS. The company plans to use it to study the effects of its targeted therapy, Rigosertib on single-cell DNA analysis.
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Body Contouring Market Industrial Trends and Share Analysis, Forecast Till 2023
Global Body Contouring Market Research Report, By Devices (Non-Invasive Devices, Minimally Invasive Devices & Invasive Devices) - Forecast Till 2023
Market Analysis
The global body contouring market is predicted to grow at a 9.8% CAGR over the forecast period (2017-2023), as per the latest Market Research Future (MRFR) report. Body contouring, which is also known as body sculpting, is a surgical procedure which improves the appearance of tissue and skin after a considerable weight loss. This procedure can include liposuction, breast lift, tummy tuck, or body lift. An average body contouring session will last about an hour but has no downtime. It has gained immense popularity as people are looking for safer, cost-effective, and less painful alternatives for getting the desired body shape.
Body contouring can be done both surgically and non-surgically, and both are gaining ample recognition. Although this procedure can address any part of the body but some of the most common areas which people seek to improve include calves, thighs, waistline and back, abdomen, breasts, upper arms, and face and neck.
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Various factors are propelling the body contouring market growth. These factors, as stated by the MRFR report, include increasing obese population, lack of exercise, diseases such as diabetes and cardiovascular ailments, adoption of fast food, and rising awareness and accessibility of cosmetic surgeries. Additional factors boosting market growth include advancements in technology, rising disposable income, demand for improved fat reduction procedures, presence of sophisticated infrastructure, expanding medical tourism industry, and growing urbanization. Besides, the different benefits that body contouring offers such as faster recovery time, minimal invasion, accurate fat measurement and removal, less trauma, and targeted internal delivery are also boosting the market growth.
On the contrary, the high cost of therapy may hinder the body contouring market growth over the forecast period.
Market Segmentation
The Market Research Future report provides a wide segmental analysis of the body contouring market based on type.
Based on type, the body contouring market is segmented into non-invasive and minimally invasive devices. The non-invasive devices segment is again segmented into high intensity focused ultrasound lipoplasty devices and radio frequency lipoplasty devices. The minimally invasive devices segment is again segmented into radio frequency assisted liposuction devices and laser-assisted lipolysis devices. Of these, the non-invasive segment will have the largest share in the market over the forecast period. This is owing to heavy investments being made by leading companies for developing advanced equipment and technologies. Moreover, its alluring features such as cost-effectiveness, short downtimes, and enhanced safety are also boosting the market growth.
Regional Analysis
Based on the region, the body contouring market report covers growth opportunities and the latest trends across the Asia Pacific (APAC), Europe, North America, and the Middle East and Africa (MEA). Of these, North America will spearhead the market over the forecast period. This is owing to 55% of the population in this region is suffering from obesity. Besides, governmental support for R&D activities for various surgery and devices and rising healthcare expenditure are also pushing market growth.
The body contouring market in Europe is predicted to have the second-largest share in the market over the forecast period.
The body contouring market in the APAC region is predicted to grow at the fastest pace over the forecast period. This is owing to increasing consumer disposable income, the presence of a huge target population, and the introduction of advanced products. Moreover, the growing demand for better devices and treatment and the rising prevalence of obesity and diabetes are pushing market growth. India, South Korea, Japan, and China are the key contributors in this region.
The body contouring market in the Middle East and Africa is predicted to have steady growth over the forecast period.
Key Players
Leading players profiled in the body contouring market report include Wells Johnson Company (US), Erchonia (US), Invasix Aesthetic Solutions (US), InMode (US), Human Med (Germany), Chromogenex (UK), GlobalMed Technologies (US), Fotona (Slovenia), Cutera (US), BTL Industries (US), Andrew Technologies (Canada), Asclepion Laser Technologies (Germany), Valeant (Canada), Palomar Medical Technologies (US), Lumenis (Israel), Syneron Medical (Israel), Cynosure (US), Meridian (Michigan), and Alma Lasers (Israel).
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Wound Debridement Products Market Size, Growth, Trends, Regional Factors and Analysis Under Global Industrial Research Forecast Till 2023
The global wound debridement products market is anticipated to grow at a single digit CAGR during the forecast period. Wound debridement is a process to eliminate foreign invaders, dead tissues, and toxic substances from human wounds. Wound debridement products aid in lowering poisonous materials that prevent wounds from getting healed. Growing aged population & serious wounds propel the market.
Market Insights
According to Market Research Future, the global wound debridement products market is projected to inflate at a single digit CAGR during the forecast period. Wound debridement is a medical procedure, which is used to eliminate unhealthy tissues from the wound to promote the healing process. Wound debridement products thus aid in lowering the toxic materials that prevent wounds from getting healed. Therefore, some significant factors, such as growing aged population & serious wounds, are propelling the market in a positive direction.
It is due to increasing geriatric population laterally with severe wounds; the global wound debridement products market is on the verge to propel exceptionally. The market is also proliferating owing to the increasing prevalence of chronic illness, increasing patient-base, and more factors.
Global Wound Debridement Products Market: Drivers & Trends
The global wound debridement products market is expanding owing to the mounting demands for advanced medical facilities, and cost-efficiency of wound treatments and more. Even the market is inflating at a steady pace with the increasing need for innovative medical technologies coupled with the feasibility of wound care products.
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Apart from factors mentioned above, some more essential factors have been listed that are incessantly supporting the global wound debridement products market expansion such as the introduction of innovative products such as scalpels and pads for minor and severe injuries. These factors are undoubtedly driving the market of wound debridement products to gain more prominence in the years to come by attracting a number of users and clients from the global front.
On a grander scale, wound debridement is widely required for chronic wounds as these wounds often encompass necrotic tissue which hinders the natural process of healing of the wound. Therefore, with the new product innovation and application of different technologies to wound debridement is also one of the prime factors that are taking the global wound debridement products market towards positive growth graph during the forecast period.
Most importantly, with the higher expenditure in the healthcare industry, along with the introduction of better reimbursement policies in support of patients, is thus contributing to the growth of the global wound debridement market. On the flip side, lack of awareness about the chronic wounds among the general population as well as a decline in the price of the devices is some of the restraints to the wound debridement market.
Market Segmentation
According to the reports published by Market Research Future, the global wound debridement products market has been segmented by end-users.
By end-users, the global wound debridement products market comprises of specialty care, nursing units, ambulatory centers, multi-specialty clinics, and hospitals. Among all, the segment of the hospital is considered to occupy the most abundant market supply during the assessment period. This creates enormous opportunities for mainly the businessmen and investors to invest money in more significant ways.
Regional Outlook
Regionally, the wound debridement products market has been spread on into Asia Pacific, Europe, the Americas, and the Middle East and Africa.
Among these, Americas accounts for the largest market shares owing to the higher advancements & proper medical expenditures. Other than this, burgeoning diabetics & geriatric base is propelling the market for wound debridement products market in exceptional ways.
Whereas, Asia Pacific region is reported to showcase the colossal growth rate in the coming years with the attribution towards the use of innovative products and need for improved medical technologies. Even the presence of enormous patient-base and expanding medical infrastructure is also contributing to the market’s high CAGR. Besides, the expanding economies & demographics in emerging countries such as China and India are predicted to drive Asia Pacific market of wound debridement products.
Key Players
The vital participants excelling in the global wound debridement products industry are ArthoCare Corporation, Advanced Medical Solutions Group, Smith & Nephew Plc, and MediWound Ltd.
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Intravenous Immunoglobulin (IVIg) Market Applications and Competitive Landscape and Regional Insights to 2023
Global Intravenous Immunoglobulin (IVIg) Market information, by type (IgA, IgD, IgE, IgG, IgM), by Appliaction (Chronic inflammatory demyelinating polyneuropathy (CIDP), Hypogammaglobulinemia, Multifocal Motor Neuropathy, Immunodeficiency diseases, Primary Humoral Immunodeficiency, Myasthenia Gravis, Guillain-Barre syndrome, Kawasaki disease, ITP, and others) - Forecast to 2023
Market Scope
The global intravenous immunoglobulin (IVIg) market can expect to achieve the valuation of USD 8337.2 million by 2023, says Market Research Future (MRFR). It is also estimated to surge at a CAGR of 5.9% during the forecast period (2016-2023).
Market Drivers and Top Challenges
The World Health Organization (W.H.O) postulates that at present, there are more than 50 different Primary Immune Deficiency (PID’s) including X-lined hypo-gammaglobulinemia, specific antibody deficiency, among others. PIDs have 176 various types of rare hereditary disorders. The U.S. National Library of Medicine and National Institute of Health reveals that roughly 6 million patients globally, suffer from PID. The increasing incidences of such diseases are projected to spike the demand for immunoglobulin therapies in the upcoming years.
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The demand for IVIg therapies to treat acquired and primary immunodeficiency diseases are on a rise as it is considered as a highly effective and the only available treatment method. Besides, sedentary lifestyle habits such as consumption of saturated fats sugar and salt, high alcohol consumption and less physical activities are resulting in the prevalence of such diseases. The growing prevalence of lifestyle related health issues like antibody deficiency disorders and obesity will add to the market growth during the evaluation period.
The worldwide geriatric population is expanding at a significant pace. The United States Census Bureau reports that the number of people aged 65 and over in the country was close to 46.2 million in 2014. The number of elderly people in the United States (U.S.) is expected to be more than 98 million by 2060. These statistics are indicative of the optimistic future of the market as aging weakens the immune systems and as a result, elevates the patient’s susceptibility to infectious diseases.
Market Segmentation
The worldwide intravenous immunoglobulin (IVIg) market has been segmented on the basis of type and application.
The type-wise segments covered by the report are IgA, IgD, IgE, IgG.
Depending on the application, the market is considered for CIDP, Hypogammaglobulinemia, Multifocal Motor Neuropathy, Immunodeficiency diseases, Primary Humoral Immunodeficiency, Myasthenia Gravis, Guillain-Barre syndrome and others.
Regional Outlook
The main markets for intravenous immunoglobin include Europe, Asia Pacific, Middle East and Africa and North America.
The growth of the North America market is believed to be the most effective among all the regions, as a result of the rising awareness level pertaining to products involved in treating immunodeficiency diseases. The inclination of clinicians towards such therapies combined with the mounting healthcare expenditure is thought to be the prime factor backing the market growth.
Europe is the second-most lucrative region in the global intravenous immunoglobin market. Evolving lifestyle and the burgeoning geriatric population prone to chronic diseases are few crucial factors responsible for the positive outlook of the regional market. Apart from this, in the subsequent years, the market will benefit from the surge in incidences of pelvic inflammatory disease (PID) in the region.
Asia Pacific is set to demonstrate lucrative growth during the review period as a result of the increasing awareness and abundance of opportunities with regard to immunoglobulin-based therapies for treating primary immune deficiencies. The massive geriatric population in the region also has a big hand in the superfluous growth of the market.
Middle East and Africa is most likely to witness the slowest, yet a steady growth in the global market. Compared to North Africa, market growth in South and East Africa will be poor owing to less awareness about these therapies and treatment.
Key Vendors
The key vendors in the intravenous immunoglobin market are Shire (Republic of Ireland), BDI Pharma (US), ABEONA THERAPEUTICS (US), Biotest AG. (Germany), Grifols Inc. (Spain), CSL Behring (US), China Biologic Products, Inc. (China), Baxter (US), Octapharma (Switzerland), Kedrion S.p.A (us), to name a few.
These key vendors are indulging in extensive research and development (R&D) with the aim of developing cost effective and sensitive immunoglobulin therapies that have no side effects. To illustrate, in January 2015, purification plant by Grifols SA had been granted FDA approval to produce intravenous immunoglobulin (IVIG). This had helped the company expand its product portfolio and obtain bigger share in the market.
Industry News
ADMA Biologics has got Food and Drug Administration (FDA) approval for its latest product Asceniv (immune globulin intravenous [human], which is 10% liquid for treating basic humoral immunodeficiency disease (PIDD) in those aged more than 12 years.
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Contact Lenses Market Regional Insights, Market Growth, Market Highlights And Industrial Trends and Share Report Till 2025
Global Contact Lenses Market: Information by Wear Type (Daily Disposable Lenses, Disposable Lenses, Frequent Replacement Lenses and Conventional Lenses), by Type (Corrective Lens, Therapeutic Lenses and Cosmetic and Lifestyle Oriented Lens), by Material (Silicone Hydrogel Soft Contact Lens, Methacrylate Hydrogel Soft Contact Lens, Gas-Permeable Contact Lens and others), by Design (Spherical Lens, Toric Lens, Multifocal Lens and others) and by Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) - Forecast till 2025
Contact lenses are a boon for many people, no matter they prefer to wear it while going out, during sports activities, or use them as an alternative to glasses. They have different purposes and are suitable for all groups. With time, contact lenses have become more progressed and improved, and such improvements have resulted in a wide variety of lenses that are defined by their uses, life span, and characteristics.
Different Purposes
Contact Lenses Market have different uses- decorative, cosmetic, therapeutic, and optical. Optical lenses are those that are used to correct the vision, therapeutic lenses help in the work of medicines which are used for treating eye conditions, cosmetic lenses help to enhance or change the wearer’s natural eye color and alter the appearance of the eyes, and decorative lenses are colored contacts that are used for fun which comes in various patterns for producing various effects.
Contact Lenses Vs. Glasses
Contact lenses provide functional benefits over glasses, especially in areas such as work-in humid climate, sports, and occupations where glasses are not compatible and are inconvenient with the equipment utilized, especially headgears. Below are some benefits that contact lenses provide over glasses.
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Comfortable- First and foremost, contact lenses are more comfortable to wear as these, unlike glasses, do not press or rub against the temple and ears, or pinch the nose. Glasses, on the other hand, slide down the nose during perspiration
Unaffected by Weather- The best part about using contact lenses is that these will not fog up during the cold or get splattered during rain. Besides, these will not steam up from perspiration or body heat
Peripheral Vision- Contact lenses offer a better and wider peripheral vision compared to glasses. It moves along with the eyes, and the wearer looks through the lens’s clearest part- the optic zone. The frames on the glass, on the contrary, block the wearer’s peripheral vision, and when they move their eyes towards the side, they do not view through the optical center, thereby causing distorted and blurred vision
Do not Break Easily- The frames of the glasses are likely to crack or break on a number of occasions. The wearer may fall off their bike, may accidentally slip, or drop it on the ground. During such situations, there is no scope for contact lenses to break. As long as the wearer wears the lenses properly and cares for the same, they will not experience such damage. Though there is a possibility for lenses to tear or break, it is harder to destroy them in comparison to glasses
Ideal for Sports and Exercise- No matter the type, exercise, and sports include enough movements. These movements may lead to real slipping annoyance, especially when one wears glasses. Often, these fog up immensely with a minimal amount of sweating. Contact lenses, unlike glasses, move with the wearer perfectly. This way, they can easily focus on completely enjoying their activity or sport. Moreover, they do not fog up or mist while playing games or during a workout
Feel More Confident- Often, there are several negative stereotypes about those who wear glasses. Often, they may feel self-conscious or unattractive. Contact lenses are not noticeable; thus, the uneasiness about the need for vision correction disappears. Again, glasses may clash with the wearer’s overall look or outfit. But contact lenses will never detract the wearer from their look or outfit. They will offer style support and vision correction simultaneously
Aesthetic Benefits- The good news is, with contact lenses, the wearer can emphasize their natural beauty. Today lenses are available in multiple colors, thus letting the wearer experiment with various eye colors. Moreover, they can also pick transparent lenses for highlighting their natural eye color
Industry News
August 2019: Alcon has launched its latest daily disposable contact lenses, Precision1, which has been specially designed to offer ease of handling and long-lasting comfort. The lens surface has a high-performance, micro-thin layer of moisture to support stable tear films along with dependable comfort and precise vision all through the day.
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