Monday, 5 August 2019

Kidney Dialysis Equipment Market 2017-2023 – Worldwide Trends, Statistics, Size, Share, Regional Analysis by Key Players, Application & Products

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.
Kidney Dialysis Equipment Market- Segmentation
The worldwide kidney dialysis equipment market has been segmented based on apparatus type, end-user, and type.
Based on apparatus type, the kidney dialysis equipment market has been segmented into peritoneal dialysis device, consumables, hemodialysis apparatus, and continuous renal replacement therapy systems. The hemodialysis equipment has been sub-segmented into tunneled hemodialysis catheters, vascular access devices, bloodline system, solutions, filters, concentrates, dialyzers and hemodialysis machine. The peritoneal dialysis equipment has been sub-segmented into dialyzers, filters, concentrates, solutions, and automated peritoneal dialysis devices. Of these, the hemodialysis equipment market is likely to hold the major market share.
Based on end-user, the kidney dialysis equipment market has been segmented into home care, ambulatory services, hospitals, and in-center dialysis settings.
Based on type, the kidney dialysis equipment market has been segmented into peritoneal dialysis, hemodialysis, and Continuous Renal Replacement Therapy (CRRT). Hemodialysis has been sub-segmented into short daily hemodialysis, conventional hemodialysis, and nocturnal hemodialysis. The Peritoneal dialysis has been sub-segmented into Continuous Cycling Peritoneal Dialysis (CCPD), Intermittent Peritoneal Dialysis (IPD), Tidal Peritoneal Dialysis, and Continuous Ambulatory Peritoneal Dialysis (CAPD).
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.
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.
Intended Audience
  • Dialysis equipment and consumables manufacturing companies
  • Dialysis services providers
  • Nephrologists
  • Dialysis nurses
  • Critical care nurses
  • Distributors, suppliers, and commercial service providers
  • Hospitals, clinics, and dialysis centers
  • Research laboratories and academic institutes
  • Clinical Research Organizations (CROs)

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Friday, 2 August 2019

Cancer Biological Therapy Market Share, Growth Factors, Historical Analysis, Sales Revenue, Development Status, Emerging Opportunities, Competitive Landscape and Regional Forecast to 2023

Market Highlights
Cancer is the leading and second largest cause of death across the globe. The disease is characterized by disordered and deregulated cellular and stromal explosion along with reduced cell death and growth factor deprivation, and such other factors.


Biological therapy treatment is done with the help of living organisms, parts of living organisms or laboratory manufactured version of such content. Most of the biological therapies use bacteria or vaccines to mimic the body’s immune system to act against cancer developing cells. These various types of biological therapies, which are most of the times stated to biological response modifier therapy or immunotherapy, but these types of therapies do not always target cancer cells directly. Further there are other biological therapies like sections of genetic material or antibodies which are commonly known as DNA or RNA, do aim at targeting cancer cells directly. There are also other types of biological therapies that inhibit specific molecules involved in development and growth of cancer tumor. Such therapies known as; cancer targeted therapies.
Segmentation:
The global Cancer Biological Therapy market is segmented on the basis of phases. Based on the phases, the market has been segmented as phase I, phases II and phases III. Based on the type, the market has been segmented as monoclonal antibodies, interferons, interleukins, cancer growth inhibitors, gene therapy and colony-stimulating factors. Based on the end-users, the market has been segmented as hospitals & clinics, cancer research centers and laboratories.
Regional Analysis:
Global cancer biological therapy market, on the basis of regions is divided into North America, Europe, Asia Pacific and Middle East and Africa. North America is expected to commands the largest market share due to advanced technologies are continuously on rise in these countries. Europe accounts for the second largest market, where as Asia Pacific with lots of opportunity and continuously growing economies, is expected to be the fastest growing segment. Majorly due to recent developments in healthcare and improving economies. Middle East and Africa with less economic developments and extremely low income accounts for least market share in 2016 but is expected to grow with better cancer treatment in the countries.
Global Cancer Biological Therapy Market Players:
Key players profiled in the report are Amgen Inc., Bristol-Myers Squibb, Celgene Corporation, ELI Lilly and Company, F. Hoffmann-La Roche AG, EnGeneIC Ltd, Merck & Co., Inc., Novartis,Pfizer Inc. and others.


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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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Biosensor Market increasing moderately Globally


Biosensors Market Overview:
Biosensors are analytical devices composed of biological detecting elements like sensor system and a transducer for providing analytical information. To recognize the function and structure of different molecules, these devices help convert the biological response into an electrical response. When compared with any other existing diagnostic devices, the biosensors are much more advanced in terms of selectivity and sensitivity. Its effective capability of prompt detection and measuring wide spectrum across different applications make it a highly beneficial device. Its applications stretch into the field of healthcare, environmental monitoring, industrial process control, military application, agriculture, and veterinary monitoring. In the agricultural and food industries, its use involves the checking of ecological pollution control. According to the in-depth research conducted by Market Research Future (MRFR), the global biosensor market is expected to grow at a moderate pace due to a number of factors. Factors like the increasing demand of Point-of-Care Testing (POCT), wide-spread prevalence of the diabetes and chronic and lifestyle-based diseases, rise in the geriatric population, and expanding applications of biosensors in various sectors are all contributing to the overall growth of the market. The market is forecasted to grow at a rate of 9.6% during the review period between 2014 to 2020.


Market Segmentation
The global biosensor market segmentation is done on the basis of technology, application, and end-user.
By technology, the market divides into thermal biosensors, electrochemical biosensors, piezoelectric biosensors, optical biosensors, and others. The piezoelectric biosensors hold the largest share in this market segment.
By application, the market includes industrial process, agricultural testing, medical testing, environmental market, into food toxicity, and others.
By end-user, the market comprises research laboratories, security and biodefense, food industry, point of care, home diagnostics, and others. The security and biodefence segment is the biggest market share holder because of the increasing biological threats and the proliferating need to protect them.

Regional Analysis
The biosensor market is geographically segmented into the Americas, Asia-Pacific, Europe, and the Middle East & Africa.
The Americas region is the largest market for biosensors in the world. Out of the two American continents, North America accounts for the largest market share. The North American region is further narrowed down into the US, which is most prominent regional country in the region. The region is increasingly willing to adopt new and advancing healthcare technologies and boasts high technological capability. Also, the presence of various leading market players and a surging diabetic population is also expected to accelerate the demand for the biosensor market.
The European regional market is also growing at a continuous pace and is gradually catching up to the North American market. The presence of a huge geriatric population therein is driving the regional market in Europe.
The Asia-Pacific regional market is expected to grow with the highest CAGR due to the potential the region holds. The region holds a high percentage of emerging markets and there lies an increasing focus on the provision of high-quality healthcare. The APAC market is expected to grow at an exponential pace due to the overall increase in demand for biosensor technology.

Competitive Landscape
The global biosensor market holds a number of key players including Nova Biomedical Corporation, F. Hoffmann-La Roche Ltd., TiaDoc Technology Corporation, LifeSensors Inc., Medtronic, Inc., Siemens Healthcare, Abbott Laboratories Inc., I-SENCE Inc., Johnson & Johnson, and Bayer Healthcare.

Table Of Content
1 Report Prologue
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Biosensors Market By Type
7 Global Biosensors Market by Technology
...

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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.
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Wednesday, 31 July 2019

Influenza Vaccination Market Opportunities, Challenges, and Applications


Market Scenario
Market Research Future (MRFR) postulates that the global influenza vaccination market is predicted to demonstrate 8.2% CAGR throughout the forecast period (2017-2023). The rising incidences of influenza across the globe is favoring the market growth to a large extent. Influenza is referred to as a contagious respiratory disease which generally affects the human respiratory tract. Symptoms include headache, fever, malaise, cough, body aches, sore throat, and nasal congestion. The most effective way to prevent influenza is a vaccination against it. Also termed as a flu shot, influenza vaccination is used to protect against the influenza virus. The market has witnessed a healthy growth in the recent past owing to the fear of an impending pandemic.
 Market Potential and Pitfalls
With the rising incidences of influenza across the globe, the global influenza market is predicted to propel. Factors such as rising per capita healthcare expenditure and growing immune-compromised geriatric population are highly favoring the market growth. The accelerating awareness associated with the pandemic influenza viruses coupled with the increasing initiatives by the government for vaccination against influenza is contributing to the market growth. A huge amount of unexplored influenza vaccine market in the emerging nations is creating ample opportunities for the market to expand at a rapid pace.
One of the key trends influencing the influenza vaccine market is the development of a strong pipeline. Moreover, the number of clinical trials for developing a vaccine in order to treat influenza is increasing at a steady pace, thereby triggering the demand for influenza vaccination market across the globe. Also, the rising product approval for influenza vaccine is driving the market growth throughout the appraisal period. For instance, Seqirus Vaccine Limited has recently received the FDA approval Afluria Quadrivalent.
On the contrary, strict regulatory framework coupled with the low accessibility of the product especially in the developing economies are some of the major concerns anticipated to limit the market growth during the appraisal period. Moreover, limited production capacity, variable demand, strict mandates which act as a barrier to the new entrants, and a high level of required investment are disrupting the market to a large extent.
Competitive Dashboard
The global influenza vaccine market is highly consolidated with major players dominating the market share. The entry is fairly restricted in the market due to the strict regulatory compliance requirement. The competitive landscape details strategies, products, and investments being done by key players in different technologies and companies to boost their market presence.
Global Influenza Vaccination Market: Segmental Analysis
The global influenza vaccination market has been segmented on the basis of manufacturing technology, type of influenza, vaccines, and others.
By mode of type of influenza, the global influenza vaccination market has been segmented into pandemic, seasonal, zoonotic, and others.
By mode of manufacturing technology, the global influenza vaccination market has been segmented into cell culture based, egg-based, recombination-based technology, and others.
By mode of vaccines, the global influenza vaccination market has been segmented into FluMist, Fluzone, fluvirin, fluvax, and others.
By mode of end-users, the global influenza vaccination market has been segmented into research organization, hospital & clinics, academic institutes, and others.
Regional Insights
Geographically, the influenza vaccination market span across regions namely, Europe, America, Asia Pacific, and the Middle East & Africa.
Among all the regions, the American region is predicted to dominate the global Influenza Vaccination Market due to the growing prevalence of influenza coupled with the high per capita healthcare expenditure. Additionally, with the presence of developed economies like Canada and the U.S., the market in this region is predicted to expand in the coming years. Moreover, the rising geriatric population is likely to fuel the market growth.
The European region is considered to occupy the second largest market share and is likely to retain its dominance. The growth is credited to the high availability of funds for research, a huge patient population, and well-developed healthcare infrastructure. With the presence of market players such as Novartis AG and F. Hoffmann-La Roche Ltd, the market is estimated to propel.
On the other hand, the Asia Pacific region is presumed to experience the fastest growth rate owing to the presence of developing nations such as China and India. Additionally, with the rising geriatric population coupled with the favorable government policies, the market in this region is estimated to flourish.
Industry Updates
February 12, 2019: M2SR, an intranasal vaccine candidate has shown for the first time, protection against an extremely mismatched influenza virus. FluGen Inc. announced that despite the mismatch, more than 50 percent of the participants who received M2SR had shown a serum antibody response to the vaccine.
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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 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.
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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Healthcare Biometrics Market Sees Promising Growth by 2023 According to New Research Report

Healthcare Biometrics Market Research Report - Global Forecast to 2022
Market Research Future recently presented Global Healthcare Biometrics Market study with detailed review, portraying about the Product/Industry Scope and expounds market outlook and status to 2022.
Biometrics after garnering huge prominence in banking, insurance, and public security sector, are all set to revalorize healthcare sector. Healthcare (HC) officials can leverage some unique approaches using the biometrics techniques such as facial recognition solutions, fingerprint scanners, palm vein readers, and iris scanners among others, in combination with their smartphones.
Implementing these emerging technologies makes it easier for hospitals, practices, payers and other healthcare organizations to recognize individual patients and match an individual's medical data which holds considerable promise. As a result, healthcare biometrics (HB) market is growing pervasively and rapidly.
Recognizing the potential this market holds to grow further, Market Research Future (MRFR) in its recently published study report asserts that the global healthcare biometrics market is expected to evaluate at USD 5.6 BN by 2022, registering a whopping CAGR of 22.3% during the forecast period (2016 – 2022).
Factors such as spreading awareness about HB technologies and their increasing applications across the healthcare sector along with the proliferating HC insurance market is driving the market of biometrics in healthcare.
Additional factors substantiating the market growth include the growing population, and extensive penetration of healthcare facilities, worldwide. Rapidly improving economic conditions are positively impacting the market growth, availing quality care and insurance facilities, across the globe.
Although biometric technologies have long held promise leveraging, identification of patients and employees, these have been slow to catch on in healthcare. Surely, many hospitals and clinics have implemented some technologies; however, biometrics is not yet entirely in the mainstream of healthcare practices. These factors might obstruct the market growth.
Patient identification and matching is an ongoing healthcare problem worldwide, and, especially in developed regions where the law prohibits the standard identifier, it is made even more complicated, and interoperability and record matching issues are still intimidating HC officials to varying extents. However, with time and seminal efforts put in by healthcare CISOs and biometrics technology vendors, HB is soon expected to get in the mainstream.
Key Players
Some of the eminent leaders of the market include 3M Cogent Inc., Fujitsu Limited, BioEnable Technologies, Morpho (A Subsidiary of Safran SA), NEC Corporation, Bio-Key International, Inc., Crossmatch Technologies Inc., Suprema, Inc., Integrated Biometrics, and Imprivata Inc.
Global Healthcare Biometrics Market   - Segments
MRFR has segmented its analysis into four key dynamics for enhanced understanding.
By Technologies    : Face Recognition, Fingerprint Recognition, Vein Recognition, Behavioral Recognition, Iris Recognition, and Palm Geometry Recognition among others.
By Applications     : Patient Identification, Patient Monitoring, Medical Record Management, Data Security, and others.
By End-users           : Hospitals, Research Laboratories, and Healthcare Institutes among others.
By Regions              :  Europe, North America, APAC and the Rest-of-the-World.
Global Healthcare Biometrics Market – Geographical Analysis
Globally the North American region accounts for the largest market for healthcare biometrics mainly due to the well-established healthcare sector and the augmenting demand for regulatory requests. Simultaneously, some factors such as increasing digital advancements in medical technology, extensive uptake of healthcare biometrics in hospitals, along with the presence of the proliferating healthcare insurance industry are propelling the market growth in the region.
Also, demand for user-friendly software along with the importance of electronic medical records contributes to the market growth. The US backed with the developments in authentication solutions, patient identification, medical record management, patient monitoring, and data security, majorly supports the market growth in the region.
The European region is another lucrative market for healthcare biometrics standing at the second position. The market is heading with the augmenting demand for HB across the region. Undoubtedly, the resurging economy in the region is a dominant factor substantiating the market growth, increasing healthcare facilities.  Also, the increased funding in the rising numbers of the medical record management concerns, especially in the field of Insurance are providing impetus to the market growth in the region.
The healthcare biometrics market in the Asia Pacific region is rapidly emerging as a promising market.  Burgeoning healthcare sector along with the rapidly developing biometric models and technologies defines the market landscape in the region. Furthermore, rapidly improving economic conditions along with the market penetration of healthcare technology in the region provide impetus to the market growth. The healthcare biometrics market in the APAC with some of its untapped regions offers high growth opportunities.
Global Healthcare Biometrics Market   - Competitive Landscape
Highly competitive Healthcare Biometrics market appears to be fragmented owing to the presence of several big & small market players along with new entrants churning the competition. Key players are adopting the strategic trends for business expansion in the emerging markets. Key market players are focusing on optimized situational awareness for customers, ensuring their mission success. Matured players, through various strategies such as collaboration, M&A activities, and innovations are continually seeking market expansion.
They increasingly invest in R&D activities and to develop cost-effective product portfolio. These players possess state of the art facilities to develop software and strong sales and distribution network which have helped them to gain the leadership position in the market. Marketers operating in the Clinical Practice Management industry are focusing on inbound lead generation more than ever.  Industry’s marketing executives look for ROI-oriented strategies that can pay off quickly.
Table of Content
1 Report Prologue
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Healthcare Biometrics Market by Technology
...

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Worldwide Parotid Tumors Market Will growing at a CAGR of Approx. 7% during 2017-2023

Market Scenario
According to a new report by Market Research Future (MRFR), the market for global parotid tumors is anticipated to expand at 7.1 % CAGR during the assessment period (2017-2023) owing to the growing prevalence of cancer. The parotid glands are prone to parotitis, injury, fibrous reaction, parotid tumors, and cancers. Parotid tumors are abnormal growth within the salivary gland and can be both cancerous as well as non-cancerous. They are caused by liver cirrhosis, abdominal surgery, salivary gland infections, dehydration, salivary duct stones, and metastasis of cancer.


Drivers and Constraints Affecting the Market
The human body consists of two parotid glands on either side of the face. The growth of the tumors are generally slow and benign, but in seldom cases, the growth can be malignant. Increasing consumption of alcohol, growing liver cirrhosis, and increasing prevalence of cancer are some of the major factors driving the market over the assessment period. With the growing demand for advanced technologies, government support and initiatives, and the presence of growing market players, the market for parotid tumor is anticipated to expand at a staggering rate over the review period. For instance, according to Cancer Research U.K., over 14.1 million cancer cases were diagnosed in the year 2014. According to the national cancer institute, over 14.5 million cancer cases went undiagnosed in the year 2014. Such statistics have pushed the number of cancer cases and are likely to spur the market growth over the review period.
However, complications such as facial nerve paralysis, hemorrhage or hematoma, infection, cosmetic deformity, and others arising after the required treatment are supposed to hinder the growth of the global parotid tumor market.

Global Parotid Tumor Market: Segmental Analysis
Globally, the parotid tumor market has been segmented on the basis of treatment, type, diagnosis, and end-users.
The market has been segmented into Warthin's tumor, pleomorphic adenoma, pleomorphic adenoma, and cancerous/malignant tumor based on type. In most cases, parotid tumors are benign, but in seldom cases the tumors are cancerous. Pleomorphic Adenoma is the most common type of benign parotid tumor which is also termed as benign mixed tumor. A pleomorphic adenoma might grow if not removed or left untreated.
The market has been segmented into removal of lymph node, parotidectomy, radiation therapy, reconstructive surgery, and chemotherapy based on treatment. Surgical procedures require complete or partial removal of parotid gland; a common procedure being parotidectomy.
The market has been segmented into X-ray, CT scan, MRI, ultrasound, fine needle aspiration cytology (FNAC), sialography, and others based on diagnosis.
The market has also been segmented into specialty centers, hospitals, and research centers based on end-users.

North America to Dominate the Market
Geographically, the market for parotid tumor has been spanned across North America, Europe, Asia Pacific, and the Middle East and Africa. Among these, the North American region is predicted to be the growing market in the American region. Growing consumption of alcohol among the crowd coupled with the increasing number of cancer is anticipated to drive the market in this region. Moreover, with the rising expenditure on healthcare the market is expected to expand over the assessment period. For instance, as per National Institute on alcohol abuse and alcoholism, around 26.9 % individuals above 18 years of age consume alcohol. According to Agency for Healthcare Research and Quality, over USD 80.2 billion was spent in treating cancer.
The European region is projected to hold a noticeable share and is expected to be the second largest market after North America. Due to the availability of advanced treatment coupled with skilled medical professionals and growing need for healthcare infrastructure, the market in this region is expected to witness a healthy growth.
On the other hand, Asia Pacific is anticipated to be the fastest growing market over the review period owing to the growing prevalence of chronic diseases. India is one of the fastest regions due to increasing population. Availability of new treatment methods and growing concern about health is expected to drive the market in this region.
The Middle East and Africa are estimated to show the least growth rate due to lack of awareness and limited access to treatment facilities. The United Arab Emirates is the largest market in the Middle East owing to the availability of specialty care centers and development of healthcare industry.

Industry News
Atlantic Health System’s new Atlantic HPV Center will begin a study to determine whether an innovative combination of immuno-oncology treatments is safe, shows preliminary efficacy and provokes an anticancer immune system response in patients with recurrent or metastatic human papillomavirus (HPV) associated head and neck squamous cancer. Recent evidence proves that several cases of squamous head and neck cancer which was previously caused due to smoking might now be caused by sexually transmitted HPV.
Competition Analysis
The prominent players operating the market for parotid tumors are Novartis AG, Pfizer Inc., Bristol-Myers Squibb, Janssen Global Services LLC, Bayer AG, Hoffmann-La Roche Ltd, Merck & Co. Inc., Eli Lilly & Co, and others.

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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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Monday, 29 July 2019

Intelligent Pills Market Booming With Highest CAGR By 2023

Intelligent Pills Market – Overview
Intelligent Pills/ Smart Pills further to its invention in 2012 have evolved with technology in the pharmaceutical field solving problems that have overwhelmed the healthcare industry for decades and improving overall therapeutic effectiveness. Tiny ingestible sensors in Intelligent Pills using Bluetooth, established communication with an adhesive pad patients wearing on their chests  the real-time data is then shared on associated Smartphone app that passes the readings to doctors, family members and caretakers alike. This ultimately helps in dealing with the medication adherence issues that further lead to many health problems worldwide, that restricting the therapeutic effectiveness of medicines which account for a substantial amount of money causing unnecessarily increasing span of treatment. Due to this tremendous efficacy Intelligent Pills are increasingly gaining popularity consecutively its market value is ascending pervasively on the global platform further opening galore opportunities for the healthcare sector to evolve and grow.
Accrediting the sedulous work of the key players & researchers, bringing novelties in Intelligent Pills and helping its market to gain increasing traction and grow widely, the Market Research Future has recently published a meticulous study report, giving out the complete market prognosis up to 2027. According to which, the Global Intelligent Pills Market is expected to grow further continuing with the same trend over the forecast period. The market is forecasted to demonstrate a spectacular growth by 2027, surpassing its previous growth records in terms of value.
Factors that predominantly drive the Intelligent Pills market growth include rising awareness about Intelligent Pills among the patients and doctors alike. Additionally, Presence of large number of geriatric population that needs timely medication but tend to forget at times is anticipated to fuel the market growth of Intelligent Pills. Schizophrenia patients & patients with mental disorders, who are incapable to keep a log of their medications or tend to be reckless towards or sometimes even deny medications completely, this worsens the scenario. Such patients actually need intensive care & regularities of medication and their caregivers are overwhelmed by trying to manage the gamut and desperately wish for having some alternative method and assistance for recording the readings. In such cases Intelligent Pills are reliably helping their care givers & family members to keep a tab on patients’ medications. Therefore, increasing number of Schizophrenia patients & patients with mental disorders is expected to provide extensive impetus to the Intelligent Pills market growth owing to the reliable assistance it provides.
On other hand lack of awareness towards befits of Intelligent Pills coupled with the scepticism of physicians are posing challenges to the Intelligent Pills market growth. The high manufacturing cost and complexity of production, along with the unclear regulatory policies in many countries are expected to pose as major constraints for the global Intelligent Pills market during the forecast period. Alternatively, technological advancements coupled with growing number of pharma companies that can manufacture Intelligent Pills on a high production rate is expected to bring the production cost down, this factor is expected to escalate the Intelligent Pills market growth to the next level during the forecasted period.
Key Players for Intelligent Pills Market:
Some of the key players in this market are:
  • CapsoVision, Inc. (US)
  • Given Imaging Ltd. (Israle)
  • Medimetrics (Mexico)
  • (Bio-Images Drug Delivery) BDD LTD (UK)
  • Proteus Digital Health (US)
Intelligent Pills Global Market – Competitive Analysis
The Global Intelligent Pills Market is driven by some of the prominent players including CapsoVision, Inc. (US), Given Imaging Ltd. (Israle), Medimetrics (Mexico), (Bio-Images Drug Delivery) BDD LTD (UK), and Proteus Digital Health (US) among others. Acknowledging, the sedulous work of these key players, MRFR profiles them in its market analysis.
The global market of Intelligent Pills appears to be moderately competitive and consolidated with the limited number of key players operating in the market with the presence of several well-established and small players. Well established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to gain competitive advantage in this market. Top players are investing heavily in R&D and clinical trials to develop effective Intelligent Pills.
Industry/Innovation/ Related News:
November 14, 2017 - The Food and Drug Administration approved the Intelligent Pill called Ability, or medication with a sensor. Japanese drug maker Otsuka Pharmaceutical won the approval for ‘ Ability’, prescribed to adults for bipolar disorder, schizophrenia mania and some forms of depression.
September 12, 2017 -   Researchers at Caltech (US) presented their study foe the prototype miniature medical device that they have developed which could ultimately be used in "smart pills" to diagnose and treat diseases. A key to the new technology—and what makes it unique among other microscale medical devices is that its location can be precisely identified within the body, something that proved challenging before.
February 17, 2017 - Eindhoven University of Technology (South Netherlands) Researchers presented a new method that should enable controlled drug delivery into the bloodstream using DNA computers. The team developed the first DNA computer capable of detecting several antibodies in the blood and performing subsequent calculations based on this input. This is an important step towards the development of smart, 'intelligent' drugs that may allow better control of medication with fewer side-effects and at lower cost.
Intelligent Pills Global Market – Segmentation
The Intelligent Pills Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation ByApplication         : Comprises Sleeping disorders, capsule endoscopy, Reflux Monitoring, Mobility Monitoring, Stress Management, and others.
Segmentation By Prescription       : Comprises Prescription Smart Drugs and others.
Segmentation ByRegions              : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
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