Thursday, 16 April 2020

New: Global Body Contouring Devices and Procedures Market 2020- 2023

Market Highlights:
The Global Body Contouring Devices and Procedures Market.  held a market value of USD 2,103 million in 2017 and is projected to grow at a CAGR of 6.6% over the forecast period.Body contouring is a altering the body part by improving the appearance. It involves the removal or transfer of fat to the body.  
Due to increasing prevalence of obesity across the globe many of the companies are in the race to introduce better treatment for obesity. Companies are using a trend of strategic alliance and acquisition to gain the market and minimize the competition in the market.
Additionally, the growing research and development expenditure by the government as well as private sector is likely to contribute to the market growth. As per the data by the Office for National Statistics, in 2016, the gross domestic expenditure on research and development (R&D) was Euro 33.1 billion (USD 35.2 billion) in the UK. However, the high cost of urgery with advanced technologies may hamper the market growth during the assessment period.
Regional Analysis:
On regional basis, the Americas is anticipated to dominate the Global Body Contouring Devices and Procedures Market owing to the growing R&D budgets by both government as well as commercial pharmaceutical and biotechnological companies and increasing adoption of advanced technologies in the region.  Europe is expected to hold the second largest position in the global body contouring devices and procedures market owing to the presence of strong academic & research base and availability of funding for research in the European countries. Asia Pacific has served an opportunity for developing body contouring market in this region due to increasing demand for the better treatment and devices and increasing prevalence of disease like diabetes and obesity. The Middle East & Africa has the least share of the global body contouring devices and procedures market. Moreover, the major market share of the region is expected to be held by the Middle East region owing to the increasing government initiatives for the healthcare sector.
Segmentation:
The global body contouring devices and procedures market has been segmented into type, procedure, and end user. By type, the market has been segmented into non-invasive & minimally invasive devices and invasive devices. The non-invasive & minimally invasive devices segment is estimated to hold major market share in the global body contouring devices and procedures market due to the huge investments by major market players for the development of advanced technologies and equipment.
Based on procedure, the market has been segmented into non-surgical skin resurfacing, non-surgical skin tightening, cellulite treatment, liposuction, and others. The market, by end user, has been segmented into hospitals & clinics, research institutes & Organization, and others.
Key Players:
Some of the prominent players in the global body contouring devices and procedures market are Cynosure, Inc., Alma Lasers, Alleragan, Syneron Medical Ltd, Bausch Health Companies, Inc, Lumenis, Merz Pharma GmbH & Co., Palomar Medical Technologies Inc., Sound Surgical Technologies LLC., Zeltiq Aesthetics, Chromogenex Technologies LTD, UltraShape Ltd, Fotona, Misonix Inc., Medicis Pharmaceutical Corporation, Sientra Inc., Invasix Ltd, Erchonia Inc, Lutronic.

Table Of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators


4.6 Technology Trends & Assessment
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.
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NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Diagnostic Imaging Services Market Size- Regional Trends and Forecast to 2023

Market Highlights
The Global diagnostic imaging market size is projected to grow at a CAGR of 8.2% over the forecast period. In recent years, diagnostic imaging services improved their efficiency and accuracy for the of various acute and chronic diseases including cardiovascular diseases and cancer. The increasing prevalence of geriatric population and subsequent growth in the incidence of cardiac, and neurological diseases including cancer, growing government funding’s for development of medical diagnostics field, and the on-going technological advancements in imaging services are some factors that are anticipated to drive the market growth during the assessment period.  Additionally, increasing demand for diagnostic imaging devices and development expenditure by the government as well as private sector is likely to contribute to the market growth. As per the data by the Office for National Statistics, in 2016, the gross domestic expenditure on research and development (R&D) was Euro 33.1 billion (USD 35.2 billion) in the UK. However, high cost of diagnostic imaging devices and unfavorable reimbursement policies may hamper the market growth during the assessment period.
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Segmentation
The Global diagnostic imaging services market has been segmented into procedure, application, and service provider.
By procedure, the market has been segmented into X-ray, Computed Tomography, Ultrasound, MRI (Magnetic Resonance Imaging), Nuclear Imaging, Radiography and others. The procedure segment is estimated to hold major market share in the global diagnostic imaging services market due to the rising R&D activities in the medical diagnostics field.
On the basis of application, the global diagnostic imaging services market has been segmented into Neurology, Cardiology, Oncology, Musculoskeletal and others.
The Global diagnostic imaging services market, by service provider, has been segmented into Clinics & Hospitals, Diagnostic centers, Research laboratories and others.
Key Players
Some of the prominent players in the global diagnostic imaging services market are Center for Diagnostic Imaging (CDI), Medquest Associates Inc./Novant Health, Simonmed/Dignity Health, Touchstone Imaging, Alliance Medical, Medica Group, Sonic Healthcare, Global Diagnostics, Consensys Imaging Service, Inc., Progressive Radiology, Concord Medical Services Holdings Limited, Alliance Healthcare Services, InHealth Group and others. 
Regional Analysis
On regional basis, the Americas is anticipated to dominate the global diagnostic imaging services market owing to the growing clinical R&D budgets by both government as well as public and private organizations in diagnostic imaging modalities and increasing adoption of advanced technologies in the region.  Additionally, rising prevalence of geriatric population along with various chronic diseases is contributing the growth of this market. According to a report by Population Reference Bureau, the number of older population (aged 65 and above) will rise to nearly 24% from 15% by 2060. Europe is expected to hold the second largest position in the global diagnostic imaging services market owing to the presence of strong academic & research base and availability of funding for research in the European countries. Moreover, rising healthcare expenditure and awareness among people for detection of diseases is boosting the market in this region. The Asia-Pacific region is anticipated to be fastest growing region is due to rising demand for imaging devices, good quality healthcare infrastructure and incidence of major key players for growth and development in this region. The Middle East & Africa has the least share of the global diagnostic imaging services market. Moreover, the major market share of the region is expected to be held by the Middle East region owing to the increasing government initiatives for the healthcare sector.
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.
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Global Aromatherapy Market Trends Overview, Growth Analysis, Drivers and Top Company Profiles

Aromatherapy Market: Global size, competitive, trends, forecast analysis, 2017-2023. Non-invasive nature of aromatherapy and rising awareness about the health benefits of aromatherapy are the key factors driving the aromatherapy market. 
Market Segmentation 
The MRFR report provides an inclusive segmental analysis of the global aromatherapy market based on product, equipment, application, and therapeutic application. 
By product, the global aromatherapy market is segmented into spicy, herbaceous/camphoraceous, green/vegetative, citrus, floral, and others. 
By equipment, the global aromatherapy market is segmented into heat diffuser, ultrasonic diffuser, and nebulizer diffuser. 
By application, the global aromatherapy market is segmented into aerial diffusion, inhalation, and tropical. 
By therapeutic application, the global aromatherapy market is segmented into skin and hair care, pain management, relaxation and sleep, and others. 
Key Players 
Notable players profiled in the global aromatherapy market report include Neal’s Yard Remedies, NOW Foods, dōTERRA, Zija International, Young Living, Tree of Life, Muji, Air Aroma, and Nu Skin. Industry players have adopted strategies such as extensive R&D, mergers, collaborations, and product launches to create a niche in the market. 
 Scope of Aromatherapy Market Report 
Global aromatherapy market Trends is predicted to touch USD 4.3 billion by 2023 at a 6.18% CAGR between 2017-2023. 
Aromatherapy is a healing treatment that uses plant extracts for promoting health and well-being. Also referred to as essential oil therapy, it utilizes aromatic essential oils to improve the body, spirit, and mind. Aromatherapy enhances both the emotional and physical health. Some of its key benefits include increase circulation, improve digestion, reduce pain, strengthen the immune system, speed up the complete process, boost energy level, and relieve depression and anxiety. 

Industry News 
February 2020: MONQ, LLC, a leader in natural wellness and aromatherapy, has launched its new Roll-on Essential Oil Blend Collection- Sleepy, Relieve, and Focus. 
Aromatherapy Market Analysis/Aromatherapy Market Trends
Numerous factors are adding to the global aromatherapy market. These factors, according to the recent MRFR report, include growing demand for natural treatment, its non-invasive nature, growing lifestyle industry, increasing awareness about the benefits of using essential oils, rise in disposable income, and demand for self-medication. Lavender oil, rosemary oil, and tea tree oil are the most widely used essential oils. The global aromatherapy market is likely to touch USD 4.3 billion million at a 6.18% CAGR between 2017-2023, as per the latest Market Research Future (MRFR) report. On the flip side, certain side effects and strict regulatory environment are factors that may limit the aromatherapy market growth over the forecast period. 

Regional Analysis 

North America to Spearhead Aromatherapy Market 

By region, the global aromatherapy market report covers the recent trends and growth opportunities across North America, Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, North America will spearhead the market during the forecast period. The US is the key contributor in the region for the presence of a rich market and high per capita income. Meanwhile, the ambiguity about its potential and the uncertainty may limit the market growth. 
The global aromatherapy market in Europe is predicted to hold the second-largest share during the forecast period. France is a key contributor in the region as it has a tradition of aromatics. Besides, the presence of leading aromatherapy companies is also adding market growth. 
The global aromatherapy market in the APAC region is predicted to grow at the fastest pace over the forecast period. India, followed by China are the key contributors in this region for the huge manufacturing base and huge population. 
The global aromatherapy market in the MEA will have stable growth over the forecast period. The UAE and Saudi Arabia are the key contributors in the region for greater expansion of tourism and greater wealth. 

 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:
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Magarpatta Road, Hadapsar,
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NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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Advanced Cardiovascular Life Support Market Share Next Big Thing | Major Giants – Cpr Medical Devices, Inc. (Canada), Cardiac Science Corporation, General Electric Company, Koninklijke Philips N.V.

Global Advanced Cardiovascular Life Support Market - Overview
Advanced cardiovascular life support is also referred as advanced cardiac life support is a set of clinical interventions for the emergency treatment of stroke and other life-threatening medical emergencies. According to WHO, more than 35% of the total global population were suffering from major or minor cardiovascular complication in 2015 and is the number 1 cause of death globally. Advanced cardiovascular life support is provided by well qualified health care personnel. The market growth of advanced cardiovascular life support is driven by the increasing number of cardiovascular diseases, coronary diseases and increasing demand for the emergency services. Other factors that propel the growth of market are continuous up gradation and modification of products, rising diabetic and obese population and excessive use of tobacco and alcohol. However, limited number of trained personnel has restrained of the growth of market.
Further The prevalence of cardiovascular diseases across the globe is continuously increasing owing to rising geriatric population, increasing diabetic population, and changing the lifestyle of the people. Changing environmental and cultural & personal factors are contributing to the rise of cardiovascular diseases throughout the globe. Many local and international players are present in the market which are continuously increasing their product portfolio. During last decade, in developing regions like Asia Pacific, the demand for the cardiovascular devices is rising owing to increasing diabetic and geriatric population. As many manufacturers are present in the Advanced Cardiovascular Life Support Market Share which can create a balance between supply and demand.
Pricing is one of the most important factors for a product to withstand in the market. The importance is not given to what customer’s likes, but rather what they are ready to pay, which, in turn, generate maximum profit or revenue or market share of the overall industry. Currently, major companies are dropping down the cost of their cardiovascular devices across the globe, especially, developing region like Asia Pacific, where individuals or users cannot afford the high cost of the products. On the other hand, the small and medium-size companies are focusing to grab local market with its low cost, which forces the major companies to reduce the price of their products. However, due to increasing prevalence of the cardiovascular diseases government in developing countries are supporting the manufacturer for the development of the new and advanced devices.
Global Advanced Cardiovascular Life Support Market – Regional Analysis
Healthcare expenditure across the globe is continuously increasing. From the last decades, healthcare expenditure in regions like the Americas and Europe has increased. According to the Centers for Medicare & Medicaid Services, in 2015, the U.S. healthcare spending is likely to increase 5.8% reaching USD 3.2 trillion. In 2016, the healthcare spending in North America has been increased. Canadian healthcare specifically was stressed by an advancing demographic move. According to the International Monetary Fund (IMF), The U.S. economy grew in 2016 by 1.6% in 2016. In 2017, due to changes in the regulatory policies, the R&D investment is affected a lot. In 2016, R&D spending of US was 527.5 billion. The increase of insurance coverage because of health care reform (Affordable Care Act, 2010) in the U. S. additionally prompted an expansion in health care spending. Furthermore, in 2016, healthcare organizations found liberation from a special tax on medical devices (Medical Device Excise Tax Act, 2013).
Healthcare spending has expanded slightly in U.K and Germany. Western Europe continues to see a need to save money on healthcare because of a slight drop in financial growth and obstinate economic pressure. According to the Organization for Economic Co-operation and Development (OECD), the healthcare expenditure in Germany was EUR 321 billion in 2014, France recorded the second highest level of current healthcare expenditure of EUR 237 billion, followed by the United Kingdom (EUR 223 billion). Additionally, due to strong government support the investment in research & development in Europe has also increased. According to the report published in the R&D magazine, Europe holds 20.8% of the global R&D spending share.
Healthcare spending in Asia expanded in 2016 due to an extension of state healthcare programs and the increasing affluence of the population. India, in specific, saw an expansion in spending due to a government resolution to enhance healthcare devices. Moreover, in the Middle East & Africa, the healthcare expenditure was also increased. This was primarily, because of growing population and development in the healthcare sector. The Middle East region is a developed region and also majorly contribute to the market. According to the Health and Education Department, it is expected that Africa’s macroeconomic climate over the next decade will expand the health care gap, as higher incomes will create new demand for the Advanced Cardiovascular Life Support market.
Top Leaders
CPR Medical Devices, Inc. (Canada), Cardiac Science Corporation (US), General Electric Company (US), Koninklijke Philips N.V. (the Netherlands), Michigan Instruments (US), Physio-Control, Inc. (US), Abbott (US), Asahi Kasei Corporation (Japan)
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
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Magarpatta Road, Hadapsar,
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NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Wednesday, 15 April 2020

Highest CAGR Value Of Veterinary Pain Management Market Size, Share and Forecast

Market Insights
Technological Breakthroughs in Imaging to Bolster Global Veterinary Pain Management Market

Veterinary care is instrumental in alleviating the pain levels of companion and farm animals while tending to their injuries. Various drugs and treatments are administered to animals after considering the aftereffects as well as numerous risks. The global veterinary pain management market report by Market Research Future (MRFR) has compiled with a list of drivers, challenges, and opportunities being described in detail for comprehension of users.
Market Outlook
The global Veterinary Pain Management Market Value is estimated to accrue significant revenue by exhibiting a CAGR of 8.2% during the forecast period (2018-2023). It acquired a unicorn valuation of USD 1000 million in 2017. Main factors driving market growth include adoption of pets, rise in preventive care treatment facilities and units for companion animals, and technologically imaging devices. Other major growth drivers include awareness campaigns by animal shelters and veterinarian organizations and pet insurance coverage schemes which can bolster the market demand.
The rise of nuclear families and rapid urbanization of cities are pushing the adoption rate of pets. Prevalence of various incurable diseases is expected to drive the veterinary pain management market to new heights due to various drugs designed to alleviate pain levels to a minimum. Investments in research and development to expedite the product to market combined with development of vaccines and drugs are contributing to market growth.
Regional Analysis
North America, Asia Pacific, Europe, and Rest-of-the-World (RoW) are the regions being considered for the basis of the report. 
North America is estimated to hold the majority of the global veterinary pain management market due to rise in the adoption rate of pets in the U.S. and Canada. According to the survey by National Pet Owners, close to 68% of families owned household pets in the U.S. as of 2017. Other major drivers pushing the market expansion in the region include awareness of animal health, technically advanced devices, and preventive treatment facilities for companion animals. Investments in pet coverage schemes can bode well for the global veterinary pain management market in the forthcoming years.
Europe is the second biggest region for the market due to availability of advanced healthcare units and pet treatment clinics. Grading systems developing for assessing pain levels and doling out right advice are expected to drive regional market growth.
Competitive Outlook
Ceva Santé Animale, Elanco, Vetoquinol, Bayer, Assisi Animal Health, Zoetis, Merck Animal Health, Norbrook Laboratories, Boehringer Ingelheim, Dechra Pharmaceuticals, and Chanelle are major players of the global veterinary pain management market.
Segmentation Analysis
The global veterinary pain management market report is segmented by drug type, devices, route of administration, animal type, application, and end-user.
By drug type, it is segmented into nonsteroidal anti-inflammatory drugs (NSAID), opioids, local anesthetics, A2 adrenegic agonists, muscle relaxants, sedatives, and corticosteroids. Meloxicam, Fentanyl, and Etodolac are the branded drugs within in the NSAID segment. Opioids are further segmented into codeine, morphine, hydromorphone, and others. Lidocaine, Bupivacaine, chloroprocaine, and others are sub-segments of the local anesthetics segment. Xylazine, medetomidine, and others are A2 adrenegic agonists covered in the report.
By devices, it is segmented into electromagnetic therapy and laser therapy.
By route of administration, it is segmented into parenteral, oral, and topical.
By animal type, it is segmented into companion animals, livestock, exotic animals, research animals, aquatic animals, and zoo animals. Horses, cats, dogs, and others are animals discussed within the companion animals segment. On the other hand, poultry, cattle, and pigs are sub-segments within the livestock animals segment.
By application, it is segmented into joint pain, post-operative pain, and cancer. Joint pain is further divided into musculskeletal disorders and osteoarthritis.
By end-user, it is segmented into research institutes and universities, veterinary hospitals & clinics, and laboratories.
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

NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Healthcare Contract Manufacturing Market Share- Market Forecast, Marketing Channels, Major Industry Participants, and Strategies

Market Insights 
A globally growing population and a gradually transforming healthcare sector are witnessing the growth in the healthcare contract manufacturing market. Valued a USD 129.91 billion at the end of 2016, the global Healthcare Contract Manufacturing Market Share is expected to grow at an above average CAGR of 9.86% during the forecast period of 2017 to 2023. 
The global healthcare sector is undergoing some major changes as new technologies, and various other factors make their mark. The patent expiry of various popular drugs and medical devices is encouraging new players to enter the market, thus increasing competition. Subsequently, the increased competition has compelled leading market players to reform their existing business strategies in order to perpetuate further market growth. In response to growing expenses on R & D and the increased focus of major player on various other core strategies, have boosted the market for healthcare contract manufacturing organizations (CMOs). Additionally, the global demand for effective drugs and medical devices has grown substantially, and in order to meet these demands successfully, major players are turning to contract manufacturing. Emerging economies are expected to be vital in the future of this market due to the high concentration of expertise and increasingly available research & development technologies. These countries offer lower operating costs, comparatively cheap, experienced labor and supportive government bodies that aim to improve the regional healthcare sector. The sanction of Good Manufacturing Practice certificates in emerging economies has contributed considerably to the growth of the healthcare contract manufacturing market. 
The growing cost of R&D and the complexity of the supply chain combined with difficulties regarding control of 3rd parties may hinder market growth during the forecast period. However, the need for product innovation, the growing outsourcing of various other activities such as design, feasibility tests, and validation are expected to provide ample opportunity for growth of the market in the coming years.
Market Segmentation
The global healthcare contract manufacturing market is segmented on the basis of type, service type, industry, and region. By type, the market is segmented into sterile, and nonsterile.The nonsterile segment is growing at the most significant pace and is expected to achieve a CAGR of 10% during the forecast period due to the reduced standards associated with non-sterile contact manufacturing. By service type, the market is segmented into pharmaceutical contract manufacturing services and medical device contract manufacturing services. By industry, the market is segmented into pharmaceutical, medical device, and biopharmaceutical. By region, the global market is segmented into the Americas, Europe, the Asia-Pacific and the Middle East & Africa.
Regional Analysis
The Americas have the most significant share of the global market due to the increased investment in the healthcare sector in this region, particularly in the U.S and Canada. These countries lead the region's growth and have strong economic conditions. The focus of adoption of the latest in technology and the growing demand for effective treatments have to lead to the sophisticated production of pharmaceuticals and medical devices. The use of advanced manufacturing technology and implementation of cost-effective manufacturing models have propelled the region into leading position. The region is expected to reach an estimated USD 102.99 billion by the end of 2023.
Meanwhile, the Asia-Pacific is the fastest growing regional market and is expected to witness a CAGR of 9.97% during the forecast period. The concentration of emerging economies in this region and supportive policies in this region regarding contract manufacturing organizations is expected to encourage growth for the region during the assessment period. The availability of comparatively cheap labor, a supportive structure for R&D activities and the overall reduced operating costs in emerging economies of this region are some key drivers of growth for the healthcare contract manufacturing market.
Key Players
Prominent players that have been analysed in the report include market leaders such as Evonik Industries, Teva Pharmaceutical Industries, Vetter Pharma International, Mylan, Patheon, Sanmina Corporation, Forefront Medical Technologies, Hamilton Company, Flex Ltd., AbbVie, Boehringer Ingelheim, Lonza AG, Catalan, Aesica Pharmaceuticals, Benchmark Electronics, Grifols International S.A., and others.
Latest Industry News
AstraZeneca and Saudi Pharmaceutical Industries & Medical Appliances  Corporations (SPIMACO) have signed an agreement which initiates the launch of the contract manufacturing operation in the KSA.
Orgenisis, a contract manufacturer for advanced cell therapies, has formed a partnership with Great Point Partners, in order to finance and expand Orgenisis contract development business under a newly formed subsidiary called Masthercell Global.
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

NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

Global Neurovascular Devices Market Report 2020 | MRFR

Global Market for Neurovascular Devices to Exhibit an Above-Average Growth over the Next Six Years 
Neurovascular devices are increasingly being used in for treating and management of neurovascular disorders such as arteriovenous malformations (AVMs) and brain aneurysm. As the global burden of neurovascular disorders continue to rise, the demand for their treatments gains further traction. Neurovascular disease are complex in nature and hence preference for minimally invasive procedures is higher. This, in turn, is driving the sales of neurovascular devices across the globe. Market Research Future (FRMR) is its latest report asserts that the global market for neurovascular devices will grow at a healthy rate over the next couple of years. 
Incessant product innovation, increased product marketing and favourable reimbursement policies are driving the global neurovascular devices market. Other factors that are reflecting favourably on the market include expansion of the geriatric population, and advances in medical technology in the field of interventional neurology.  Moreover, neurovascular devices are also used in treating patients suffering for ischemic stroke or haemorrhagic. It has been observed that neurovascular device assisted interventional procedures are replacing the traditional neurosurgeries. Owing the low risk of damaging surrounding tissues and minimal surgical trauma, interventional procedure are more favoured as compared to neurosurgery. At the same time, chances of infection is significantly when neurovascular device based treatment. On the other hand, inadequate number of hilly skilled neurologist, particularly in developing countries expected to have a negative impact on the growth of the market. High cost of neurovascular devices continue to limit their user base despite their increased efficiency. 

Latest Industry Highlights:

  • Perflow Medical, a renowned medical devices manufacturing company based in Israel, which is primarily engaged in developing novel solution for neurovascular interventions. Has recently announced that the company successfully approved a $12 Mn funding from its investors. Reportedly, the funding syndicate in included two new international investors with the existing stakeholders. 
  • Junkosha a US-based company has recently introduced a unique peelable heat shrink. The technology will reportedly enable access to intricate parts of the vascular system with minimal risk of damage to the surroundings. 
Global Market for Neurovascular Devices – Segmental Analysis 
MRFR in its report has offer comprehensive segmental analysis of the market based on therapeutic application, end-user and product. By therapeutic application, the market is bifurcated into ischemic strokes and hemorrhagic stroke. Based on end user, the market is segment into ambulatory surgical units and hospitals & clinics. By product type, the market is segmented into stenting systems, neurothrombectomy devices, cerebral balloon angioplasty, aneurysm coiling & embolization devices and support device. 

Regional Overview 
The Americas is expected to hold the dominant position in the global market for neurovascular devices. This is primarily attributed to the rising incidences of neurovascular disorders such as arteriovenous malformations (AVMs) and brain aneurysm across North and South America. In addition, presence of major players and rising healthcare spending among Americans is propelling the market in the region. Improved reimbursement scenario and rapid adoption of neurovascular devices in neurological centers across the region is also proving an impetus to the market. Asia Pacific and Europe are two other regions anticipated to present significant growth opportunities for market during the forecast period. 

Global Market for Neurovascular Devices – Competitive Analysis
Leading companies operating in the global market for neurovascular devices include Medtronic, TERUMO CORPORATION, Merit Medical Systems, Inc., Penumbra, Inc., Evasc, Neuravi, Sensome, Delaware Corporation, Gynesonics, Stryker, Johnson & Johnson Services, Inc., Abbott, Medikit co., ltd., MicroPort Scientific Corporation, Rapid Medical, W. L. Gore & Associates, Inc., Blockade Medical, LLC., OxfordEndovascular, and Secant Group, LLC. A majority of these market participants are actively focusing on expanding market presence by engaging in merger & acquisition and reaching offshore distribution agreements with third party vendors. 


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