Thursday, 25 July 2019

​Bronchoscopes Market – Improvement in Technology is Expected to Drive the Growth

Bronchoscopes Market Market Synopsis:
The rapid incorporation of advanced technology and multi-functioning devices in medical practices has simplified the complex diagnosis and treatment procedures of various diseases. Bronchoscope is one such device that is extensively used for carrying out endoscopic procedures on an individual’s respiratory tract. According to the report that has been published by Market Research Future (MRFR), the global bronchoscopes market is anticipated to expand at a robust CAGR of 7.4% during the forecast period of 2016-2023 and is estimated to reach USD 2,244.4 Mn by the end of 2023.
Bronchoscopes Market Competitive Analysis:
Rising demand for advanced medical devices has created multiple opportunities for the manufacturers to develop innovative technologies and introduce upgraded products in the global bronchoscope market. The strategic mergers and acquisitions are aiding the market players for expansion of their businesses in the global bronchoscopes market. These initiatives are strengthening the competition among prominent players in the global bronchoscope market.
The prominent players in the global bronchoscope market are Ambu Inc. (US), Boston Scientific Corporation (US), Cogentix Medical (US), Olympus Corporation (Japan), Fujifilm Holdings Corporation (Japan), Pentax Medicals (Japan), LocaMed (UK), Vimex Sp. (Poland),  KARL STORZ GmbH & Co. KG (Germany), Schindler Endoskopie Technologie Gmbh (Germany), Schölly Fiberoptic Gmbh (Germany), Hangzhou EndoTop Medi-Tech Co., Ltd.(China) and  Guangzhou MeCan Medical Limited (China).
Bronchoscopes Market Drivers and Restraints:
Increasing prevalence of respiratory diseases and lung cancer are inducing high demand for technologically advanced diagnostic devices in the global market. Improvement in the healthcare infrastructure and increasing research and development expenditure for introduction of efficient and minimal invasive diagnostic and treatment techniques are driving the global bronchoscopes market.
Wide spread application of bronchoscopes for visual diagnostic purposes such as to view abnormalities in the respiratory tract, to obtain tissue specimens from lungs by biopsy and to evaluate lung bleeding, possible lung cancer, chronic cough and others are fueling the growth of the global bronchoscopes market.
Advancement in medical technology has led to the development of flexible bronchoscopes that are being used for therapeutic purposes such as removal of secretions, blood or foreign objects obstructing the air flow in respiratory tract, which is resulting in the expansion of the global bronchoscopes market. On the flipside, risk of infection, damage to vocal cord and pneumothorax caused during bronchoscopy are likely to create hindrance in the growth of the global bronchoscope market during the forecast period.
Market Segmentation:
The global bronchoscope market has been segmented on the basis of type, application and end-users. Based on type, the bronchoscope market is segmented into rigid bronchoscope and flexible bronchoscope. Recent developments in bronchoscope technology have led to the significant growth of flexible bronchoscope segment in the global bronchoscope market.
Based on application, the bronchoscope market is segmented into diagnosis and surgical procedures. The diagnosis segment includes examination and obtain tissue specimen for biopsy. The surgical procedure segment include removal of foreign object in the airway, laser resection of tumors, lung abscess, stent insertion, percutaneous tracheostomy and tracheal intubation.    
Based on end users, the bronchoscope market is segmented into hospitals and clinics, diagnostic centers, and others.
Global Bronchoscopes Market – Regional Analysis
North America heading with the increasing government support for research & development, leads the global Bronchoscopes market.  Factors such as the presence of a huge patient population and well-developed healthcare sector alongside the high healthcare spending foster the growth of the market.
The US, among other North American countries, backed by the increasing healthcare spending, heads the regional market. The North America bronchoscopes market is expected to reach USD 868.7 MN by 2023, registering over 7.4 % CAGR during the forecast period.
The bronchoscopes market in the European region accounts for the second largest market, globally. Factors such as high healthcare spending and the presence of a well-developed healthcare sector drive the growth of the regional market. 
Furthermore, factors such as the rising government support for the R&D activities in the life science domain are substantiating the growth of the market in the region. Led by the increasing prevalence of respiratory diseases, the bronchoscopes market in Europe is expected to grow at a CAGR of 6.9% throughout the forecast period.
The Asia Pacific bronchoscopes market is emerging as a profitable market globally. Factors that are fostering the growth of the regional market include significant advancements in the field of biotechnology and the increasing government support for the R&D activities required for the development of bronchoscopes.
Additionally, rising healthcare expenditure and rapidly increasing awareness about the availability of the treatment are some of the factors driving the growth in the regional market.
Industry Update:
On 15th May 2018, Auris Health, a robotic medical company, has announced that it has signed a co-operative development and commercialization agreement with NeuWave™ Medical, Inc., for integration of NeuWave™ Flexible Microwave Ablation Technology with Auris’s Monarch™ platform. This collaboration with a subsidiary of Ethicon, Inc., and part of the Johnson & Johnson Medical Devices Companies was done to enable robotically assisted bronchoscopic ablation of lesions in the lung
Healthcare Industry Reports

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 MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Tuesday, 23 July 2019

Prostate cancer Market to See Stunning Growth by 2023 | Size, Share, Analysis and Trends

Global Prostate cancer Market – Overview
The global prostate cancer market is showing the steady growth; mainly owing to increase in patient population. According to report published by Centers for Disease Control and Prevention, in 2014, there were around 172,258 men in the United States, who diagnosed with prostate cancer and around 28,343 men died from prostate cancer. These rising number of prostate cancer create an opportunity for the player to introduce innovative treatment option.


Companies are continuously invent new treatment to capture the global market. Thus players invest more in research and development activities. In this regards, Bayer Pharma AG announced that they have many drugs for the treatment of prostate cancer in there pipeline such as Radium-223 dichloride and BAY 1841788 (ODM-201, AR antagonist).
Progenics Pharmaceuticals, Inc., 2015, acquired Exini Diagnostics AB in order to support its imaging and therapeutic agents with sophisticated analytical tools and other technologies to help patients and physicians understand, target and treat prostate cancer. These companies are more investing in research and development program to provide the best treatment option, which help them to keep ahead with their competitor.
These acquisitions help companies to provide better treatment opportunity in the market and hence improve the quality of life for the people around the world. Additionally it help market players in translating breakthrough science into innovative treatment to help people with prostate cancer worldwide.
Key Players:      
OncoGenex Pharmaceuticals Inc. (U.S.), Bayer Pharma AG (Berlin), Progenics Pharmaceuticals, Inc. (U.S.), Tolmar Inc. (U.S.), OncBioMune Pharmaceuticals Inc. (U.S.), Endo Pharmaceuticals Inc. (U.S.), Tokai Pharmaceuticals, Inc. (U.S.) are some of the leading players at the cutting edge of the competition in the market of prostate cancer, globally.
Prostate cancer is the most common non skin cancer, which affects the gland that produces some of the fluid in semen and plays an important role in controlling urine of men. This is one of the most common type of cancer in men, which grow slowly and is initially confined to prostate gland, where it may not cause serious harm. According to estimate done by the American Cancer Society, in 2017, there will be around 161,360 new diagnoses of prostate cancer, and that around 26,730 fatalities will occur because of it.
Global Prostate cancer Market   - Regional Analysis
According to Prostate cancer Foundation, it is the most common type of cancer in United States. The Older you are more chance of getting diagnosed with prostate cancer. 1 in 8 men get diagnosed with this type of cancer at some points of age.
According to American Cancer Society, in 2017, it is estimate that around 161,360 new cases of prostate cancer will get diagnosed and around 26,730 death occurs owing to prostate cancer in United States. Report suggest more than 2.9 million men get diagnosed with prostate cancer at some point are still alive today. The market of prostate cancer is much higher in the Americas region attribute to high rate of obesity population. The government have more focus towards research and development for introducing the best treatment for their population.
Europe is also consider huge market for prostate cancer market players, owing to present of huge population affected with disease. Company in this region have well developed treatment option, whereas developing countries are more focus to obtain well developed treatment in order to provide best treatment to their citizen. Thus, players are involve in exporting the advanced treatment and maximizing the profit by capturing market share of Asia Pacific. Government are more focusing to educate their public in order to minimize the patient’s population by educating them about the side effect of unhealthy diet, obesity etc.
Asia Pacific region are considering the growing market, owing to presence of huge population suffering with prostate cancer. Whereas country like India and china are considering fastest growing region due to the high rate of obesity population which leads the incidence of prostate cancer, additionally they are open to adopt new technology, and best treatment option from developed countries in order to improve the quality of life for their citizen. Whereas the Middle East and Africa have low market due to his incapability of investment, Moreover developing countries are still focusing on new drugs for the treatment of prostate cancer, this gap between the developed and developing countries will present significant growth opportunity for the prostate cancer treatment market players in the coming years.
 Intended Audience:
  • Companies related to Prostate cancer
  • Government research Laboratories
  • Research and Development (R&D) Companies
  • Independent Research Laboratories
  • Market Research and Consulting Service Providers
  • Medical Research Laboratories

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for Asia Pacific, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Sunday, 21 July 2019

Kidney Dialysis Equipment Market Size, Share, Analysis and Trends : Latest Update

The market report “Global Kidney Dialysis Equipment Market 2019” offers vital insights on every market segment in terms of market size analysis for Industry across the different regions.
 Kidney Dialysis Equipment Market - Overview
The Global Kidney Dialysis Equipment Market is touted to accumulate USD 16.5 billion at a stupendous 5.7% CAGR during the assessment period (2018-2023). CKD or chronic kidney disease is a chronic condition which seriously impacts a patient’s quality of life.
Kidney dialysis is the most preferred treatment for severe conditions where both the kidneys of a person is damaged but this treatment is also occasionally used for treating patients with a single damaged kidney.
Every day, the kidney of a healthy person filters about 150 quarts of blood. Should an individual’s kidney fail to function efficiently automatically the waste will get collected in the blood resulting in coma and even death.
Here dialysis will act as the savior. It will stop the toxin and waste products formation in the blood. It is an artificial kidney that is used for filtering the blood of the patient during kidney failure, kidney dysfunction and kidney damage and for removing surplus impurities from kidneys.
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There are many factors that is driving the growth of the kidney dialysis equipment market. Some of these factors as per the Market Research Future (MRFR) report include new funding channels in the healthcare sector, increase in the prevalence of dialysis patients, better healthcare infrastructure, adoption of latest technologies in dialysis, loss of appetite causing weight loss, change in sedentary lifestyle, heart failure, growing acidosis, growing number of ESRD (End Stage Renal Disease Patients), increase in accurate and cost-effective portable dialysis apparatus, fast growth in geriatric population, growing frequencies of hypertension and diabetes problems and preference for dialysis over kidney transplantation.
On the contrary, factors such as difficulties and risks involved, time consumption, regulations and rules associated with dialysis, expensive treatments and soaring cost of dialysis procedures may take a toll on the growth of the kidney dialysis equipment market over the assessment period.
Leading Key Players
Leading players profiled in the kidney dialysis equipment market include Hemoclean CO., LTD, Teleflex Incorporated, Rockwell Medical, Terumo Corporation, Asahi Kasei Medical Co., Ltd. (A Subsidiary of Asahi Kasei Corporation), Mar Cor Purification, Inc. (A Cantel Medical Company), Nikkiso Co., Ltd., Nxstage Medical, Inc., Nipro Corporation, Diaverum Deutschland GmbH, B. Braun Melsungen AG, Baxter International Inc., Davita Healthcare Partners Inc and Fresenius Medical Care AG & Co. Ka.
Feb 2019- Leading dialysis service provider, US Renal Care, Inc will be acquired by Investor Group with an aim to improve the quality of life for those having chronic renal disease.
April 2018- MRCS (Malaysian Red Crescent Society) and KDC (Kidney Dialysis Centre) off late has received accolades for their success to help countless patients in the last 22 years.
Kidney Dialysis Equipment Market – Segments
The global kidney dialysis equipment market has been segmented on the basis of type, apparatus, type, and end-user. On the basis of type, the market has been classified as hemodialysis, peritoneal dialysis, and Continuous Renal Replacement Therapy (CRRT).
Hemodialysis is segmented into conventional hemodialysis, short daily hemodialysis, and nocturnal hemodialysis. Peritoneal dialysis is segmented into Continuous Ambulatory Peritoneal Dialysis (CAPD), Continuous Cycling Peritoneal Dialysis (CCPD), Intermittent Peritoneal Dialysis (IPD), and Tidal Peritoneal Dialysis (TPD).
On the basis of apparatus type, the market has been classified into hemodialysis equipment, peritoneal dialysis equipment, and consumables and continuous renal replacement therapy systems. The hemodialysis equipment is segmented into hemodialysis machine, dialyzers and filters, bloodline system, concentrates and solutions, tunneled hemodialysis catheters, and vascular access devices.
The peritoneal dialysis equipment is segmented into concentrates and solutions, automated peritoneal dialysis machines, dialyzers, and filters. On the basis of end-user, the market has been classified into hospitals, clinics, in-center dialysis settings, home care, and ambulatory services.
Kidney Dialysis Equipment - Regional Analysis
Based on region, the kidney dialysis equipment market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Middle East and Africa. Of these, North America is likely to command the market owing to the rising incidence of kidney failure, rising cases of diabetes and hypertension and higher reusable income amid people.
Europe will have the second biggest share due to advanced medical compensation and progressive organizations.
The kidney dialysis equipment market in APAC possess an unprecedented market potential owing to increasing incidences of kidney failure, increase in disposable income, presence of large geriatric population and low rates of organ transplantation. The kidney dialysis equipment market in the Middle East and Africa will have minimal share owing to low per capita income and stringent government policies.
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Thursday, 18 July 2019

Cancer Diagnostics Market Anticipated to Grow at a Significant Pace by 2023

Global Cancer Diagnostics Market: Synopsis
The detailed report that has been recently published by Market Research Future (MRFR) projects that the global cancer diagnostics market is marked to exhibit noteworthy expansion at a CAGR of 11.85% during the forecast period of 2017-2023. Rise in prevalence of individuals suffering from cancer and high demand for advanced diagnostic procedures in order to receive precise and effective treatment are majorly propelling the growth of the global cancer diagnostic market. Increasing availability of diagnosis solution in the healthcare sector in the developed and developing regions and rise in government initiatives to spread awareness in the underdeveloped regions are also fueling the growth of the global cancer diagnostics market.


Global Cancer Diagnostics Market: Key Players
The prime players profiled by MRFR that are operating in the global cancer diagnostics market are Armune BioScience, Inc. (the U.S.), Arquer Diagnostics Ltd (the U.K), BioMark Diagnostics Inc. (Canada), Biotheranostics, Inc. (the U.S.), Cancer Diagnostics, Inc. (the U.S.), Agilent Technologies, Inc. (the U.S.), Thermo Fisher Scientific, Inc. (the U.S.), Illumina, Inc. (Denmark), Becton, Dickinson and Company (the U.S.), GE Healthcare (the U.K), QIAGEN N.V.  (Netherlands), Abbott Laboratories, Inc. (the U.S.), Roche Diagnostics (Switzerland), Siemens Healthcare (Germany), Philips Healthcare (the U.K.), and C.R. Bard, Inc. (the U.S.).

Global Cancer Diagnostics Market: Segmental Analysis
The global cancer diagnostics market has been segmented on the basis of types, application, and end user. Based on type, the global cancer diagnostics market has been segmented into biopsy based, endoscopy based, imaging procedure, tumor cancer diagnostics, and others. Based on application, the global cancer diagnostics market has been segmented into lung cancer, breast cancer, colorectal cancer, cervical cancer, prostate cancer, skin cancer, blood cancer, kidney cancer, liver cancer, pancreatic cancer, and others. Based on end user, the global cancer diagnostics market has been segmented into diagnostic center, clinic, hospital, research institutes, and others.

Global Cancer Diagnostics Market: Regional Analysis
Geographically, the global cancer diagnostics market ha been segmented into four major regions such as the Americas, Asia Pacific, Europe and the Middle East and Africa. The Americas command the major share of the global cancer diagnostics market owing to the high prevalence of individuals suffering from cancer, rapid adoption of advanced technology in order to improve the diagnostics and treatment solutions in the well-developed healthcare infrastructure and increased expenditure on healthcare by the population in this region. Technological advancement is aiding the pharmaceutical industry to carry out extensive research activities for the development of advanced diagnostics procedure in order to provide accurate treatment for curing cancer, which in turn is propelling the growth of the cancer diagnostics market in the Europe region. Increasing awareness regarding the availability of advanced diagnostics procedures in the healthcare sector of emerging economies, rise in prevalence of cancer, and increased government initiatives to support cancer patients to get thorough diagnosis and effective treatments with the help of favorable reimbursement policies are fueling the expansion of the cancer diagnostics market in the Asia Pacific region. Lack of awareness and low penetration of advanced diagnostics solution in the remote areas of the underdeveloped countries are leading to the steady growth of the cancer diagnostics market in the Middle East and Africa market.

Global Cancer Diagnostics Market: Industry Updates
In january 2019, MRM Proteomics inc. has partnered with biodesix which will allow Biodesix to utilize MRM Proteomics's proprietary iMALDI technologies to improve the blood-based lung cancer diagnostics.
In January 2019, Veracyte, a U.S.-based genomic diagnostics comapny has partnered with Johnson & Johnson Innovation for the development and commercialization of new tests for detection of lung cancer during the early stages.
In January 2019, ArcherDx, The Boulder CO-based company has announced that it has been granted with Breakthrough Device Designation for its tissue specimen diagnostic and liquid biopsy application for effective cancer diagnostic.

Intended Audience
  • Cancer specific medical device manufacturers
  • Cancer specific medical device suppliers
  • Government Research Laboratory
  • Private Research Laboratories
  • Research and Development (R&D) Companies
  • Market Research and Consulting Service Providers
  • Medical Research Laboratories
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Tuesday, 16 July 2019

High Throughput Screening Market Size, Analysis, and Forecast Report 2019-2027

High Throughput Screening Market – Overview
High Throughput Screening (HTS) is an automated drug-discovery process that is typically utilized in the pharmaceutical business. It uses mechanization to identify active compounds, genes, or antibodies in a relatively short time frame.
The technique has its use in the initial stages of drug discovery pathway and in toxicology studies. Since HTS enables assaying of a large set of potential biological modulators against a chosen number of defined targets, it has attained the status of being a popular approach to the target validation.
The past few years have seen the HTS market growing in a pervasive manner owing to the proliferating pharmaceutical industry and the rising adoption of HTS in drug discovery. Moreover, the rising per capita healthcare expenditures coupled with the enhanced economic conditions are accelerating the market growth of HTS.

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Market Research Future’s (MRFR) extensive and in-depth study of the global High-Throughput Screening market reveals that it will grow at an impressive rate during the assessment period of 2017-2027. Mounting investments in the healthcare sector and the shifting inclination towards high throughput research is pushing the growth of the market.
The HTS market, globally, is largely driven by efficacy & safety screening, target identification & validation, and monitoring of cell-based activity. Some of the additional pointers that would support the growth of the market are the rising drug discovery initiatives by academic and government institutions, huge acceptance of open innovation models by pharmaceutical organizations.

Global High Throughput Screening Market – Segments
The MRFR analysis is segmented into four key dynamics for the convenience of understanding;
By Product Type               :  Software, Instruments, and Consumables among others. 
By Application  :  Target Identification, Primary Screening, Toxicology, and Stem Cell Biology, among others.
By End-user                        :  Hospitals, Clinics, Pharmaceutical Companies/ Manufacturers, Government Organizations, and Research Facilities among others.
By Region                           :  North America, Europe, Asia Pacific (APAC), and the Rest-of-the-World (RoW).
The subsegment Instruments by product types is expected to witness significant growth in demand due to its increasing use in drug discovery processes, superior performance, and reduced system cost.
Owing to the extensive use of the HTS technology in pharmaceutical and biotechnology companies for drug discovery applications, the subsegment pharmaceutical, and biotechnology companies acquired the largest share in the global HTS market, by end users.

Leading Key Players
  • Roche (Switzerland)
  • Agilent Technologies Inc. (US)
  • Beckman Coulter, Inc. (US)
  • Thermo Fisher Scientific, Inc. (US)
  • Life Technologies Corporation (US)
  • Aurora Biomed Inc. (Canada)
  • Bio-Rad Laboratories (US)
  • Luminex Corporation (US)
  • Sigma-Aldrich Corporation. (US) 
Detailed Regional Analysis
Globally, the North America region is the largest market for high throughput screening. Owing to the demanding research and development initiatives, the market is expected to grow at a significant rate of CAGR throughout the forecast period, creating a large revenue pocket by 2027. Factors substantiating the market growth include high healthcare expenditures and substantial investments in the R&D activities for medicine discovery.
Europe accounts for the second-largest market for high throughput screening which is expected to grow at a considerable CAGR during the forecast period. Favorable government support and initiatives drive the growth in the market extensively. The rapidly growing pharmaceutical sector in the region, backed by the resurging economy is fostering the market growth brilliantly.
Whereas, the Asia Pacific HTS market is growing rapidly, emerging as one of the lucrative markets, globally. Countries in the Asian region especially provide immense growth opportunities for the high-throughput screening market, accounting over half of the world’s total population. Furthermore, private equity firms and venture capitalists are increasingly investing in the HTS market in countries such as India, China, and Japan.


Competitive Analysis
Feb 12, 2019, NanoTemper Technologies announced the introduction of Dianthus, a technology that boasts the capability of fast, non-stop drug discovery screening. It can be integrated into any automation solutions and workflow with absolute ease. It has no down-time and can run for 24x7 without any requirement of cleaning. The technology stands out as the new benchmark in the high-throughput screening market.
Feb 04, 2019, Ncardia, a leading organization that offers human iPSC-derived cell-based services and assays for the discovery of drug and its development, revealed the launch of its new drug screening platform called DiscoverHIT. The platform enables researchers to bring better and accurate medicines to the patients in a faster and timely manner.

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Monday, 15 July 2019

Cancer Registry Software Market to Witness Surge in Demand Owing to Rising End-use Adoption


Market Highlights
The global Cancer Registry Software Market held a market value of USD 56.4 million in 2019 and is projected to grow at a CAGR of 10.7% over the forecast period.  
Cancer registry software is a disease registry that is mainly used to establish and maintain a cancer incidence reporting system. It acts as an informational resource for the investigation of cancer and its causes. This type of registry software is important as cancer is among the leading causes of death worldwide and therefore the collection of data on cancer cases from diagnosis through survivorship is beneficial to help identify trends and ultimately improve care for patients that are fighting cancer.
However, privacy and data security-related concerns and reluctance to adopt advanced solutions may restrict the growth of the market during the forecast period.
Key Players
Some of the prominent players in the global cancer registry software market are Onco, Inc., Rocky Mountain Cancer Data Systems, McKesson Corporation, Elekta AB (PUB), C/Net Solutions, Electronic Registry Systems, Inc., Rocky Mountain Cancer Data Systems, McKesson Corporation, Ordinal Data Inc, Conduent Inc, IBM, Himagine Solutions Inc.
Regional Analysis
On a regional basis, the Americas is anticipated to dominate the global cancer registry software market owing to the innovative product development and increasing investment in research and development for innovation in the region.  
Europe is expected to hold the second largest position in the global cancer registry software market owing to the presence of strong academic & research base and availability of funding for research in the European countries.
Asia-Pacific is anticipated to be the fastest growing region in the global cancer registry software market owing to the shift of pharmaceutical companies to countries such as India and China, which are low-cost manufacturing regions.
The Middle East & Africa has the least share of the global cancer registry software market.  Moreover, the major market share of the region is expected to be held by the Middle East region owing to the growing government initiatives for the healthcare sector.
Intended Audience
  • Software companies
  • Contract research organizations
  • Academic and research institutes
  • Government associations
Segmentation
The global cancer registry software market has been segmented into type, deployment model, database type, functionality and end user.
By type, the market has been segmented into integrated software and standalone software.
Based on deployment model, the market has been segmented into cloud-based models and on-premise models.
On the basis of database type, the market has been segmented into commercial databases and public databases.
By functionality, the market has been segmented into patient care management, product outcome evaluation, cancer reporting to meet state and federal regulations, medical research & clinical studies.
The market, by end user, has been segmented into hospitals & medical practices, government organizations & research centers, pharmaceutical, biotechnology, and medical device companies, and others.


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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Sunday, 14 July 2019

Active Pharmaceutical Ingredients Market Manufacturing Market to Set Astonishing Growth from 2018– 2023

Active Pharmaceutical Ingredients Market Expected to Witness a Steady Rise
The drugs that we use, such as tablets, injectables, syrups, and capsules) are an amalgamated combination Active Pharmaceutical Ingredients (API) and excipients. It is a chemical or a drug which is responsible for the therapeutic and pharmacological activities in the human body. It is the most important ingredient in a drug that helps treat a disorder or a disease when administered. It is a substance that is integrated into a Finished Pharmaceutical Product (FPP). As per Market Research Future’s in-depth analysis of the global Active Pharmaceutical Ingredient (API) market, the growth trajectory of the market is projected to remain positive with a CAGR of 4.93% over the next five years of the forecast period.
APIs have gone on to become an integral component in the healthcare industry, primarily because of the clinical efficacy and value it offers. The development of advanced delivery systems coupled with the emergence of novel therapeutics is expected to expand the market opportunities of APIs in the forecast period. There also lies the growing trend concerning personalized medicines which can also influence the market landscape of APIs. The other factors driving the growth of the active pharmaceutical market are increased focus towards curbing down the pricing of manufacturing and supply chain consolidation.
Market Segmentation
The segmentation of the global Active Pharmaceutical ingredient market is based in terms of manufacturing process, application, API Formulation, type of synthesis, and molecules.
Manufacturing Basis: The market comprises of captive and contract manufacturing. The captive manufacturing segment holds the largest market share and is expected to maintain its hold in the forthcoming years.
Application Basis: The market includes neurological disorders, gastrointestinal disorders, orthopedic disorders, oncology, respiratory, urology, cardiovascular disease, and others. The oncology segment is projected to experience the fastest growth among all.
API Formulation Basis: The market covered are generic API and Innovative API. The generic API segment is the leading market player.
Type of Synthesis: The market is divided into synthetic and biotech.
Molecules Basis: The market is segmented into large molecules and small molecules.
Regional Outlook
The key markets for active pharmaceutical ingredients include South America, Europe, Asia Pacific, North America, and the Middle East & Africa.
North America is spearheading the API market growth in the Americas, which in turn is leading the global market with the largest share. The crucial factors backing the said growth include the presence of a large number of prominent companies within the region. In addition, countries like the United States (U.S.) and Canada note high occurrences of chronic as well as neurological diseases, which is believed to be a prominent driver of the regional market growth.
Europe has bagged the second spot in the global API market, backed by the increasing number of initiatives within the region that support the development of generic drugs. Moreover, improving pricing, as well as reimbursement policies coupled with a huge number of manufacturing activities, is presenting multiple growth opportunities to the regional market.
As the active pharmaceutical ingredients market has reached the maturity phase in the developed countries around the globe, the market focus is shifting towards the Asia Pacific. This factor has substantiated the region as the fastest-growing market globally. The presence of a humungous patient population within countries like India and China paired with the rising incidences of chronic diseases in the region is poised to benefit the market in the subsequent years. On top of that, availability of cheap labor and need for low investments in infrastructure are encouraging several renowned pharmaceutical vendors to outsource manufacturing to Asia Pacific, opening the door for further market success.
Competitive Analysis
The key companies identified in the global Active Pharmaceutical Ingredients Market are Merck & Co., Inc., GlaxoSmithKline Plc (GSK), F. Hoffmann-La Roche AG, Abbott Laboratories, Novartis AG, Eli Lilly and Company, Boehringer Ingelheim GmbH, Pfizer Inc., Teva Pharmaceutical Industries Ltd. Bayer AG, and Sanofi.
On Feb 2019, ProvideGx, LLC, a subsidiary company of Premier Inc. which provides healthcare improvement services, announced its collaboration with Baxter Healthcare Corporation. The move is aimed to make additional generic drugs available to counter the rising drug shortage issue in the US.
On Feb 2019, TPG Growth, a private equity firm, revealed its plans of investing $30 million in Solara Active Pharma. The funding will help support the Chennai-based drug manufacturer, Solara Active Pharma, spread its wings of expansion in the regulated markets.
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