Monday, 13 January 2020

Lung Function Tests Market Is Segmented On The Basis Of Type, Indication, Devices, And End User


Market Highlights
Lung function tests are a part of routine diagnostic tests recommended by the healthcare provider. These tests are used to diagnose number of respiratory diseases such as chronic obstructive pulmonary disease (COPD), and allergic conditions such as asthma. It comprises of tests such as spirometry, gas diffusion test, body plethysmography, bronchial provocation test, and others. Lung function tests also determine the whether the lungs are working properly, and their capacity to carry out respiration, thus making it necessary to identify the mode of treatment, and administration of drugs.

Prevalence of asthma is on the rise across the globe, especially in the developing countries.  The market is driven by the increasing prevalence of respiratory diseases in urban areas for developing countries and rising geriatric population. Additionally, increasing research and development activities, and technological advancements to identify the causes and risk factors for infectious lung diseases are fuelling the global lung function tests market growth.

The global lung function tests market is expected to grow at a CAGR of 5.7% during the forecast period.
Taste the market data and market information presented through more than 55 market data tables and figures spread over 101 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Lung Function Tests market research report–Global forecast till 2023.”

Major Players in Lung Function Tests Market:
Some of the key players in the global market are CareFusion Corporation (U.S.), MGC Diagnostic Corporation (U.S.), General Electric Company (U.S.), Perkin Elmer (U.S., Carestream Health, Inc. (U.S.), COSMED srl (Italy), NIHON KOHDEN CORPORATION (Japan), and others.

Regional Analysis
The lung function tests market is growing at a rapid pace in the Americas owing to emphasis on healthy lifestyle, and prevention of lung diseases. Also, increasing demand for technologically advanced diagnostic devices and the presence of major market players adding fuel to the growth of the market.
In Europe, the prevalence of allergic conditions is high, especially asthma, and allergy rhinitis. Rising prevalence of allergic conditions, and extensive research and development activities on the medical devices drive the market growth.
In Asia Pacific, the increasing prevalence of asthma, chronic obstructive pulmonary disease, poor healthcare system, and availability of diagnostic services leads the market growth. According to the data from GLOBOCAN, in 2012, the age-standardized rate (ASR) of incidence of gastrointestinal diseases in Asia Pacific was 15.8 and mortality was 11.7 per 100,000 person. According to World Health Organization (WHO), the geriatric population in China in the year 2013 was 22.6 million which is expected to show a massive growth to 90.4 million in 2050.
In the Middle East & Africa, the demand for medical devices is increasing for the diagnosis of chronic diseases such as COPD and others. Rising awareness about lung diseases among the adults, and development of the healthcare sector in the African countries also drive the growth of the market.

Segmentation
The global lung function tests market is segmented on the basis of type, indication, devices, and end user.
On the basis of the type, the market is segmented into spirometry, gas diffusion test, body plethysmograph, bronchial provocation test, and others.
On the basis of the indication, the market is segmented into asthma, chronic bronchitis, respiratory infections, chronic obstructive pulmonary disease, cystic fibrosis, pneumonia, lung cancer, and others.
On the basis of the devices, the market is segmented into spirometer, breath CO monitor, oscillometer, ergospirometer, dose controlled drug nebulizer, and others.
On the basis of the end user, the market is segmented into hospitals, clinics, diagnostic centers, and others.


About Market Research Future:
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.
Market Research Future:
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312

North America is the largest market for Microfluidic Devices!!

Detail Analysis of Global Microfluidics Devices Market with respect to region specific market growth and competitive analysis on the basis of major players present in the market. Detail analysis on possible segments and sub segments of the market. Along with this regional analysis of the market which includes America, Europe, Asia Pacific and Middle East and Africa. Forecast till 2023

The Microfluidics Devices Market is continually growing mainly due to the important role played by these devices in the integration, parallelization, and miniaturization of various tests in the fields of biological research, diagnostics, and drug development. Moreover, the widely accepted microfluidic technology that has several applications is accelerating the market on the global level, allowing integration of many medical tests on a single chip.
According to the recently published study report by Market Research Future (MRFR),   the global microfluidic device market is expected to touch a phenomenal valuation by 2024, registering a strong CAGR throughout the forecast period (2016-2024).


Additional factors positively impacting the growth of the market include the increasing prevalence of chronic diseases such as heart-related diseases and as cancer, prompting the demand for new drugs.  Microfluidics devices are becoming popular and are garnering tremendous traction, increasingly, attributing to their efficacy across the pharmaceutical and life science sector.
Resultantly, over the past couple of years, the microfluidic device market is increasingly accounting for a significant market share, worldwide. Vast advancements in technology and the huge uptake of these advanced technologies drive the growth of the microfluidic device market.
Additionally, factors such as the significantly increasing pharma industry and the increasing occurrences of lifestyle-related diseases and chronic diseases that require routine vital statistics analysis are propelling the market growth, augmenting the market demand for these devices.
Simultaneously, the increase in the analytical and commercial application of these devices and the use of microfluidic products for miniaturization of the chip such factors are driving market growth.
However, the stringent regulatory requirements to decelerate growth and geometrical and surface chemistry issues are some of the factors that are obstructing the growth of the market. On the other hand, factors like the growing R&D investment in life sciences and pharmaceuticals are increasing the demand and uptake of the point of care testing, as an effective method for delivery of treatment, are projected to escalate the market growth during the forecast period.
Major Players:
Fervent players leading the global microfluidic device market include Abbott Laboratories, F Hoffmann-La Roche AG, Siemens Healthcare GMBH, Agilent Technologies, Inc., Fluidigm Corporation, Bio-Rad Laboratories, Inc, Dolomite Centre, Cepheid, Raindance Technologies, Inc., Johnson & Johnson, Micronit Microfluidics, and Becton, Dickinson & Company among others.
Industry/ Innovation/ Related News:
February 28, 2019 --- A research team from the biomedical engineering dept., The University of California announced the development of a new wearable respiratory sensor using a microfluidic chip to monitor children with chronic pulmonary conditions. This new bio-wearable respiratory device will allow doctors an accurate, fast, and affordable method to monitor children with chronic pulmonary conditions.
February 14, 2019 --- A team of researchers from the Singapore University of Technology and Design (SUTD) announced the development of a customizable microfluidic system that can generate complex dispersions of liquid droplets that are otherwise known as emulsions as they are not soluble in another liquid. This is a single device consisting of a 3D-printed connector and a needle secured by elastic tubes and aligned to a common axis.
Global Microfluidics Device Market – Segments
MRFR has segmented the analysis into four key dynamics for enhanced understanding
By Application: Drug Delivery, Pharmaceutical, Analytical Device, Environmental & Industrial, and Life Science Research among others.
By Industry: Microfluidic Devices, Microfluidics, and others.
By Material: Polymer, Glass, Silicon, and others.
By Regions: Asia Pacific, Europe, North America, and the Rest-of-the-World
Global Microfluidics Device Market – Regional Analysis
North America heading with its one of the world's best medical facilities, dominates the global microfluidics devices market. The US, led by the huge technological advancements and high per capita healthcare expenditures accounts for the leading market for the microfluidic devices in the region.
Some of the factors such as the availability of technologically advanced medical devices, the presence of well-established healthcare infrastructure, and skilled professionals are positively impacting the growth in the regional market. 
The microfluidic device market in the European region accounts for the second-largest market, globally.  Factors such as the resurging economy that is availing the best possible healthcare, increasing healthcare expenditures, substantially, and the government support that encourages manufacturers of microfluidics devices to develop new and better devices are propelling the growth of the regional market.
The Asia Pacific microfluidics devices market is emerging as a profitable market mainly due to the rapidly improving healthcare infrastructure. Moreover, factors positively impacting the growth in the regional market include the rapidly increasing population that is dictating the demand for quality healthcare, continually and the spreading awareness towards the availability and benefits of these devices. Rapidly developing economies are providing immense opportunities in the microfluidics devices market in the region.
Besides, the increasing adoption of technologies is impacting market growth in the region, positively. Furthermore, growing healthcare concerns are increasing the market size of the microfluidic device market.
Global Microfluidics Device Market – Competitive Analysis
Fiercely competitive, the microfluidics market is well-established with the presence of several large and small-scale players. These players incorporate strategic initiatives such as collaboration, acquisition, expansion, product & technology, and partnership to gain a competitive edge and to maintain their market positions. They invest substantially in R&D to develop advanced systems.
High growth opportunities that the market demonstrates are in turn, intensifying the competition in the already highly competitive market, attracting several new entrants to the market, further.
Manufacturers of microfluidics devices invest R&D activities substantially to develop advent technology and to acquire promising firms in the rapidly developing regions to meet their expansion plan. The rising government funding is motivating key companies to manufacture innovative devices that can match the changing trends and needs of the customers.

Browse Complete 90 Pages Premium Research Report Enabled with 30+ Respective Tables and Figures at https://www.marketresearchfuture.com/reports/microfluidics-device-market-684
About Market Research Future:
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.
Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312

Orthopedic Biomaterial Market Trends, Demand and Global Industry Forecast to 2023

The Orthopedic Biomaterial Market is growing pervasively, witnessing an exponential growth backed by the increasing investments in the R&D activities. Healthcare segment extensively absorbs orthopedic biomaterial for a range of medical applications from medicines to implants.  Over the past decade, orthopedic biomaterials have evolved greatly. Combining medicine, biology, physics, and chemistry orthopedic biomaterials have presented the world with the regenerative bone and tissue engineering. 
Acknowledging the kind of traction gained by this market, Market Research Future (MRFR) in its recently published a study report asserts that the global Orthopedic Biomaterial Market trends is projected to accrue voluminously by 2023 registering a phenomenal CAGR of 10.5% during the review period (2017 to 2023).
Additional factors such as growing population and urbanization worldwide are fostering the market growth. Improving economic conditions that enable access to the quality life & the improved healthcare provides impetus to the market growth. Seminal efforts &investments put in the development of innovative biomaterials, by the key market players are paying off well, fuelling the market growth. Also, initiatives taken by the Government are playing a major role in fostering the market growth.
Companies Coverved:
The fervent players leading the global orthopedic biomaterial market include CERADYNE, CoorsTek Inc., Straumann, Kyocera Corporation, Stryker, 3M ESPE, Materion Corporation, Nobel Biocare Services AG, DePuy Synthes, and Morgan Advanced Materials.
Industry/ Innovation /Related News:
August 9, 2018 – PolarityTE, Inc. (US), commercial-stage biotechnology and regenerative biomaterials company announced preclinical large animal model results for their new product, OsteoTE, which shows promise for bone regeneration. The researchers, during the preclinical studies, found that OsteoTE not only recapitulated the cortical and cancellous architecture of native uninjured bone but also regenerated bone with function and composition reflective of native bone.
OsteoTE can especially be useful in the case of a severe traumatic orthopedic injury where the doctor has to try to span a gap within a tibia, femur or humerus. Besides, OsteoTE finds application in craniofacial, orthopedic, neurosurgical, spine, and foot/ankle surgeries.
Segmentation:
The MRFR analysis is segmented into four key dynamics for enhanced understanding.
By Types: Metals (Titanium Alloy, Stainless Steel, Cobalt Alloy, and others.), and Non- Metal (Polymeric (polyester, silicone, polyethylene, polymethylmethacrylate (PMMA), others.), Natural Biomaterials, and Ceramic (alumina, zirconium dioxide, calcium phosphate, carbon, others.), among others.
By Applications: Joint Replacement (shoulder, elbow, hip and, knee replacement, among others.), Tissue Fixation (suture anchors, interference screws, and others.), Fracture Fixation Devices (screws, plates for bones, rods, and others), and Spine Implants among others.
By End-Users: Hospitals and Clinics and Specialty Centers among others.
By Regions:  North America, Europe, APAC, and the Rest-of-the-World.
Browse Complete 105 Pages Premium Research Report Enabled with Respective Tables and Figures at https://www.marketresearchfuture.com/reports/orthopedic-biomaterial-market-415
Geographical Analysis:
The North America market dominates the global orthopedic biomaterial market owing to the increasing healthcare expenditure followed by Europe and the Asia Pacific. North America market for orthopedic biomaterial is expected to continue with its dominance in the years to come owing to the favorable government regulations coupled with the increasing integration of orthopedic biomaterial in the region.
Simultaneously, the increasing prevalence of different orthopedic surgeries, along with the increasing geriatric populace boost the market growth in the region, leading to an increase in patient population. Furthermore, increasing awareness among the people, towards the benefits of biodegradable products and the rising demand for technologically advanced treatments and products enhance the growth of the orthopedic biomaterial market in North America.
The Europe region accounts for the second-largest orthopedic biomaterial market attributing to the increased research & development activities in the field backed by the government support and funds. The market is expected to grow due to the availability of innovative treatment facilities and rising research activities in orthopedic biomaterials for nanotechnology. Moreover, increasing cases in orthopedic surgeries along with the rising population awareness regarding keeping good health is fostering the market growth in the region. 
Whereas attributing to the huge population and the burgeoning medical treatment market in the region, Asia-Pacific market is emerging as the fastest growing market for orthopedic biomaterial. Growing markets of India, China, and Brazil backed by the increasing consumers’ awareness & improved lifestyle provide impetus to the market growth. Besides, the improved economy in the region presages the potential this market holds to grow further, creating the opportunities in the orthopedic biomaterial market during the forecast period.
On the other hand, the Middle East & Africa market witnesses impedimental growth due to the unmet medical needs aroused due to the unavailability of funds, limited medical facilities and the poor political conditions in Africa.
Major TOC of Orthopedic Biomaterial Market Research Report - Forecast to 2023:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 REPORT EXCERPT
4 FORECAST INDICATORS
5 MARKET ANALYSIS (ANY 2)
6 ORTHOPEDIC BIOMATERIALS MARKET, BY TYPE
7 ORTHOPEDIC BIOMATERIALS MARKET, BY APPLICATION
8 ORTHOPEDIC BIOMATERIALS MARKET, BY GEOGRAPHY/COUNTRY
9 COMPETITIVE LANDSCAPE
10 COMPANY PROFILES
11 APPENDIX

About Market Research Future:
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.
Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312

Friday, 10 January 2020

Global Spirometry Market- Global Analysis and Research Report

Market Insights
According to the reports published by Market Research Future Reports, the global spirometry market is probable to exhibit a 10.03% CAGR from 2018 to 2023 and is also on the verge to reach USD 1,106.76 million by 2023. Such a humongous market growth can be attributed to the strident rise in the cases of chronic obstructive pulmonary disorders (COPD) and asthma.
Spirometry is considered as a basic test, which is conducted by clinicians to estimate the status of lungs. It is an essential test for diagnosing asthma, COPD, and other breathing disorders.  Thus, spirometers are used to carry out the tests.

Global Spirometry Market: Drivers & Trends
The factors such as emerging chronic respiratory diseases globally, increasing global aging population, and technological shifts in spirometer devices toward smartphone-based data connectivity and analysis are expected to drive the global spirometry market exponentially during the forecast period. With that, emerging economies with growing industrialization are also contributing to driving the market with opportunities for the future in substantial ways.
More stimulating factors such as government initiatives to restrain smoking habits of people, focus on breathing diseases, rising levels of air pollution, and expanding awareness towards the adoption of spirometers at homes are noticeably auguring the global spirometry market growth. Even awareness of reimbursement policies among the public and clinicians are also projecting to be the drivers for patients towards taking these tests. On the flip side, the high costs of spirometers may act as a restrictive factor against the market and hinder the global spirometry market growth.
Furthermore, the rising geriatric population is also anticipating being the factors for the increase in the demand for spirometers to analyze respiratory patterns. The need for spirometers is also probable in the rise due to a high number of surgeries in hospitals and clinics. These factors are tremendously driving the global spirometry market to rise high at a higher CAGR in the years to come.
Segmental Overview
According to the reports published by MRFR, the global spirometry market has been segmented by product, technology, application, and end-user.
By the mode of products, the market includes table-top spirometry, hand-held spirometry, and desktop (PC) spirometry.
By the mode of technology, the market has been segmented into volume measurement spirometry, peak flow meters (PFM), and flow measurement spirometry.
By the mode of application, the spirometry market is segmented into diagnostic and treatment monitoring.
Moreover, by the mode of end-users, the market includes research & academic institutes, diagnostic centers, hospitals & clinics, and home care.
Regional Outlook
Geographically, the market of spirometry has covered some main regions such as Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
Among these, Asia Pacific is expected to register the highest CAGR for the market to proliferate during the forecast period. Growth of this market in the Asia Pacific region is driven mainly by the large population of the patient and a high prevalence of chronic respiratory diseases.
While North America has the largest market for spirometers owing to technological advancements, government regulations, rise in incidences of respiratory diseases, increasing healthcare expenditure, and improved healthcare infrastructure.
Key Players
In the end, here are the prominent players in the spirometry market, they are Carefusion Corporation (U.S.), NDD Medical Technologies, Inc. (U.S.), Nihon Kohden Corporation (Germany), MGC Diagnostics Corporation (U.S.), Vitalograph (U.K.), Schiller AG (Switzerland), COSMED srl (Italy), Hill-Rom Holdings, Inc. (U.S.), Midmark Corporation (U.S.), Smiths Medical Inc. (U.S.), and Koninklijke Philips N.V. (The Netherlands).

About Market Research Future:
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.
Contact:Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

Thursday, 9 January 2020

Microfluidics Device Market Analysis By Leading Players and Forfecast to 2024

The global microfluidics devices market is growing pervasively mainly due to the vital role these devices play in the integration, industrialization, miniaturization, and parallelization of various tests in the fields of diagnostics, drug development, and biological research. The widely accepted microfluidic technology has several applications as it allows integration of many medical tests on a single chip.
Microfluidics devices also help in improving the efficacy of treatment while reducing its side effects. New microfluidic methods are used for evaluating drugs and manipulating cells for the treatment of diseases related to heart and cancer. The growing prevalence of chronic diseases such as cancer and heart related to heart is prompting expanded creation of drugs in the pipeline.

As a result, microfluidics devices are increasingly garnering the demand and traction across the life science and pharmaceutical sector. Owing to the efficacy of these devices provide these are becoming popular. Resultantly, the microfluidic device market is growing pervasively over the past couple of years, accounting for a significant market share, globally. Massive advancements in technology and the vast uptake of advanced technology drives the growth of the microfluidics device market on the global platform.
Acknowledging the phenomenal upsurges, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the global microfluidic device market size will witness a significant growth by 2024 growing at a phenomenal CAGR over the forecast period (2016-2024).
Additional factors supporting the market growth include the significant increase in the pharma sector and the increasing prevalence of chronic and lifestyle-related diseases that require routine vital statistics analysis, fueling the demand for microfluidics devices.
Also, the rise in the commercial and analytical application of these devices and use of microfluidic products for miniaturization of the chip are some of the factors that are driving the growth of the microfluidic devices market.
On the other hand, factors such as the stringent regulatory requirements to decelerate growth and geometrical and surface chemistry issues are obstructing the growth of the market. Nevertheless, factors such as the growing R&D investment in life sciences, pharmaceuticals, increase in the demand and uptake of the point of care testing, as an effective method for delivery of treatment, are expected to support the market growth during the forecast period.

Global Microfluidics Device Market – Segments
The MRFR analysis is segmented into four key dynamics for the convenience of understanding; 
By Application       : Drug Delivery, Pharmaceutical, Analytical Device, Environmental & Industrial, and Life Science Research.
By Industry              : Microfluidics and Microfluidic Devices and others.
By Material             : Glass, Polymer, and Silicon.
By Regions               : North America, Europe, APAC, and the Rest-of-the-World.

Global Microfluidics Device Market – Geographical Analysis
North America accounts for the leading position in the global microfluidics devices market followed by the European and Asia Pacific region, respectively. The region has one of the best medical facilities around the globe. The US, heading with the huge technological advancements and high per capita healthcare expenditures leads the regional market. The availability of technologically advanced medical devices is undoubtedly impacting the market growth positively.  Well-established healthcare infrastructure, skilled professionals and doctors are pushing up the growth in the regional market. 
The European region holds the next largest share in the global microfluidic device market, following the North American market closely. The resurging economy in this region is playing a vital growth in the market increase by availing the best possible healthcare and rising healthcare expenditures. Additionally, government support that encourages manufacturers of Microfluidics devices to develop new and better devices, is in turn, fostering the market growth in the region.
The Asia Pacific region stands as a profitable market for microfluidics devices. The ever-increasing population in the APAC region and rapidly improving healthcare infrastructure are positively impacting the market growth. The developing economies are expected to provide immense opportunities for the growth of microfluidics devices.
The spreading awareness among individuals towards the availability and benefits of these devices drives the market growth in the region. Furthermore, the high per capita income alongside the rising healthcare concerns are leading to increasing the market size of the microfluidic device market. Furthermore, increasing adoption of technologies is positively impacting the market growth in the region.

Global Microfluidics Device Market – Competitive Analysis
Well-established players adorn the global microfluidics devices market as highly competitive. Those players with their global presence are posing challenges to the local vendors. The key strategies traced from the analysis of recent developments of the key players include product launch, agreement & partnership, acquisition, and expansion. 
Key Players:
Some of the leaders of the market include Abbott Laboratories, F Hoffmann-La Roche AG, Siemens Healthcare GMBH, Agilent Technologies, Inc., Fluidigm Corporation, Bio-Rad Laboratories, Inc, Dolomite Centre, Cepheid, Raindance Technologies, Inc., Micronit Microfluidics, Becton, Johnson & Johnson, and Dickinson & Company among others.

Industry/ Innovation/ Related News:
December 13, 2018 --- Researchers from the Massachusetts Institute of Technology (MIT) published their study of a novel 3-D printed microfluidic device that they have invented. The new microfluidic device can simulate cancer treatments on biopsied tumor tissue, so clinicians can better examine how individual patients will respond to different therapeutics before administering a single dose.
November 26, 2018 – The University of Toronto (Canada) announced its partnership with Canada’s National Research Council (CNRC) to create a national innovation hub focused on microfluidics, a field in which tiny amounts of fluid are manipulated in small-scale devices to create everything from portable diagnostic “labs” to repair kits for human organs.
The collaboration will be called as the Centre for Research and Applications in Fluidic Technologies (CRAFT) and will combine the talents of U of T microfluidic experts and NRC scientists in a bid to catalyze new discoveries and scale up production of existing prototypes to deliver higher quality patient care at a lower cost. CRAFT will be jointly funded by both partners with a $22 million investment over five years.


About Market Research Future:

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.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312

Aromatherapy Market can grow with +6% by 2017 to 2023

Aromatherapy is an alternative form of medicine which relies on scented oils and other essential compounds for improving the well-being of individuals. It can be used in conjunction with other complementary treatments of acupuncture or massage for management of chronic diseases or other medical symptoms. The global aromatherapy market report compiled by Market Research Future (MRFR) contains drivers, trends, developments, and challenges new entrants and existing players can face in the period of 2017 to 2023.

Market Overview
As per MRFR, the global aromatherapy market is poised to display a CAGR of 6.18% from 2017 to 2023 (forecast period). It can touch a value of USD 4.3 billion by 2023. Benefits of the treatment after inhalation of the aroma can induce relaxation is likely to bode well for the market. A prime example includes the diffusion of eucalyptus oil can assist in digestion of foods.
Changes in lifestyles of consumers and a large number of people opting for the complementary treatment are other major drivers of the market. Clinical trials advocating the advantages of aromatherapy for the treatment of disorders can influence the market considerably. According to Cancer.gov, 58 patients showed a decrease in depression and anxiety after completion of aromatherapy sessions. Availability of various oils at lifestyle stores and online channels can fuel the global aromatherapy market growth till 2023.
But lack of proper regulations and allergic reaction of the oil to customers are factors which can prevent market growth.

Segmentation
The global aromatherapy market is segmented by product, application, and therapeutic application.
By product, it is segmented into essential oils, carrier oils & blended oils, equipment, and others. Essential oils are further segmented into herbaceous/camphoraceous, green/vegetative, spicy, citrus, floral, and others. Ultrasonic diffuser, heat diffuser, and nebulizer diffuser are other segments subsumed within the equipment segment.
By application, it is segmented into aerial diffusion, inhalation, and tropical.
By therapeutic application, it is segmented into skin and hair care, relaxation and sleep, pain management, and others.

Regional Analysis
Asia Pacific (APAC), North America, Europe, and the Middle East & Africa (MEA) are the regions discussed with respect to the market report.
North America is estimated to be one of the profitable regions for the global aromatherapy market till 2023 due to consumers opting for the treatment in the U.S. The large population and their high expendable income levels are major growth drivers of the region.
Europe is the second-largest region with France and Italy proving to be the revenue generators. Pursuance of healthy lifestyles as well as renewed interest among the people residing in the region are prime factors driving market growth. The inclusion of essential oils by popular cosmetic brands can boost the global aromatherapy market demand.
The APAC region can display a robust CAGR during the forecast period driven by consumer demand in China and India. Rising number of accidents combined with the use of oils for treating burns and scars as natural remedies can bode well for the market. Furthermore, old traditions and rituals in addition to the large number of tourists visiting for experiences can bode well for the region.
Lastly, the MEA region can contribute to the market due to the regions of Saudi Arabia and UAE. Efforts by respective governments for promoting tourism can be a viable factor for the expansion of the global aromatherapy market in the region.

Competition Outlook
Muji, Nu Skin, Tree of Life, Neal's Yard Remedies, NOW Foods, Young Living, Air Aroma, doTERRA, and Zija International are notable industry participants of the global aromatherapy market. Launch of new products and associated stationery are being launched by players for promoting the alternative form of treatment.

Industry News
Aromafloria, the US based producer of bath and body products, has launched aromatherapy based products in its new product line of Cannafloria Essentials. It contains cannabis terpenes which gives the solutions a distinct aroma.
About Market Research Future:
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.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312

Monday, 6 January 2020

Hearing Aids Market- Industry Trends, Size, Share, Application and Segmentation

Market Insights
A hearing aid refers to an electronic device that amplifies sound so that a person with hearing loss can listen and communicate in day-to-day activities. The three basic elements of a hearing aid are a speaker, a microphone, and an amplifier.
The global hearing aids market is set to attain a CAGR of 7% and hold a valuation of USD 10.2 Billion.
The growth of global hearing aids market is driven by various factors such as increasing incidence of hearing loss, the launch of new products, increasing geriatric population, and raising awareness about hearing loss treatment. However, the low penetration of hearing aids and product recalls are expected to curb the growth of the global hearing aids market.
The global hearing aids market is currently dominated by several market players. The key players are involved in product launches and strategic collaborations to strengthen their market positions.
Regional Analysis
The market has been divided, by region, into Europe, the Americas, Asia-Pacific, and the Middle East & Africa. Europe is expected to be the largest market owing to the rising incidence of hearing loss and sophisticated healthcare infrastructure. The European hearing aids market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The Americas holds the second largest market share. The hearing aids market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The hearing aids market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the increasing awareness regarding the use of hearing aids and increasing population affected by hearing disorders, the market in Asia-Pacific is expected to be the fastest-growing. The hearing aids market in the Middle East & Africa has been divided into the Middle East and Africa and is expected to hold the least market share.
Segmentation
The global hearing aids market has been segmented based on product, product type, type of hearing loss, technology type, and distribution channel.
The market, based on product, has been divided into devices, implants, and accessories, out of which implants is the fastest-growing segment. For instance, the Australia-based manufacturer Cochlear Ltd reported a profit of USD 265 to USD 275 million in first quarter of 2019, 8% to 12% more as compared to that in the first quarter of 2018.
The global hearing aids market has been segmented, on the basis of product type, into wired and wireless. Wireless is the fastest-growing segment owing to technological advancements and product launches. For instance, Sonova, in November 2018 launched products based on SWORD (Sonova Wireless One Radio Digital) chip. The new technology allows hearing instruments to connect with electronic devices such as televisions or mobile phones.
The type of hearing loss segments of the market are sensorineural, conductive, and others. The growth of the segment is due to the high prevalence of hearing loss. For instance, in 2018, around 2 to 3 out of 1000, children in the US are born with a hearing loss in one or both ears.
The technology type segment of the market is segmented as digital hearing aids and analog hearing aids. The digital hearing aids segment is expected to be both, the largest shareholder and the fastest-growing segment owing to its advantages over analog counterparts.
The distribution channel segment is classified into retail stores, E-commerce, and others. The E-commerce segment is expected to be the fastest-growing segment owing to ease of access to products for customers.
Key Players
Some of the key players in the global hearing aids market are Sonova (Switzerland), Cochlear Ltd. (Australia), GN Store Nord A/S (Denmark), Sivantos Pte. Ltd. (Singapore), Arphi Electronics Private Limited (India), Demant A/S (Denmark), Starkey (US), WIDEX INDIA PRIVATE LIMITED (Denmark), Zounds Hearing (US), SeboTek Hearing Systems, LLC (US), Audina Hearing Instruments, Inc. (US), and Microson (Spain).
You Can Access More Reports Here !!
About Market Research Future:
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.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com