Tuesday, 19 May 2020

Analysis of Intracranial Pressure Monitor Market Size, Share and Trends

Overview
The Global Intracranial Pressure Monitor Market is expected to exhibit a strong 7.1% CAGR over the forecast period from 2018 to 2024, according to the latest research report from Market Research Future (MRFR). The global intracranial pressure monitoring market is mainly driven by the growing demand for noninvasive tools in the field of ICP monitoring and the increasing awareness about the importance of intracranial pressure monitoring in containing and managing neural and skeletal damage.
Competitive Analysis:
Leading players in the global intracranial pressure monitoring market include DePuy Synthes, Terumo Corporation, Spiegelberg GmbH & Co. KG, RAUMEDIC Inc., Boston Neurosciences, Medtronic plc, Integra LifeSciences Corporation, Sophysa SA, and Natus Medical Inc.
  • In August 2019, Integra completed the acquisition of Arkis Biosciences, a leading player in the neurosurgery devices market.
Regional Analysis:
Americas held a dominant 41.4% share in the global intracranial pressure monitoring market in 2017 and are likely to hold on to the lead in the global intracranial pressure monitoring market over the forecast period due to the increasing demand for effective intracranial pressure monitoring devices in North America. Widespread awareness about the importance of intracranial pressure monitoring in North America, particularly the U.S. and Canada, is likely to remain a major driver for the intracranial pressure monitoring market in the Americas over the forecast period. Intracranial pressure monitoring is mainly used in the management of brain trauma and skeletal hemorrhage. The rising prevalence of both these target conditions in North America is likely to remain a major driver for the intracranial pressure monitoring market in the region over the forecast period.
Europe is also likely to hold a significant share in the global intracranial pressure monitoring market over the forecast period due to the increasing awareness about the process and the relevance of the monitoring in medical diagnosis and trauma management. Intensive efforts at trauma control and management in European countries are likely to be a major driver for the intracranial pressure monitoring market in the region over the forecast period. The growing demand for noninvasive intracranial pressure monitoring tools in Europe and North America is also likely to be a major driver for the market, as the healthcare sector in these advanced regions is transitioning towards noninvasive medical tests, leading to a corresponding increase in the demand for noninvasive tools and technologies from the medical devices sector. Despite the increasing awareness about the inefficacy of noninvasive testing in intracranial pressure monitoring, the demand for product innovations aiming at making noninvasive intracranial pressure monitoring more accurate and on par with invasive monitoring is likely to remain a major driver for the intracranial pressure monitoring market in North America and Europe over the forecast period.
Asia Pacific is also likely to exhibit steady growth in the global intracranial pressure monitoring market over the forecast period, though the region is not likely to overtake North America or Europe as the leading regional markets for intracranial pressure monitoring devices in the coming years. Increasing awareness about the importance of intracranial pressure monitoring in trauma management is likely to be a major driver for the intracranial pressure monitoring market in Asia Pacific over the forecast period.
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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Pune - 411028
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Future Trends and Industry Growth on Hospital beds market forecast to 2023

Market Highlights
As per the latest analysis published by Market Research Future (MRFR), the global Hospital beds market is expected to strike a CAGR of 5.97% during the forecast period 2017 to 2023. The market is poised to reach a valuation of USD 2,553.4 Mn by 2023-end up from USD 1,590.1 million in 2016. The count of patients suffering from chronic diseases such as cardiovascular disorders, cancer, etc. is seen to be on the rise. This, in turn, has created an enormous demand for healthcare services, thus, augmenting the automated hospital beds market.
The early adoption of tech-driven changes in the healthcare sector of developed economies is primarily responsible for driving the growth of the automated hospital beds market. The integration of Internet of Things (IoT) to hospital beds is presumed to enhance efficiency for monitoring patients’ vitals. It is further supposed to create demand in the foreseeable future.
The rising healthcare expenditure has unleashed enormous growth potential for market players. On the flip side, the high cost of automated hospital beds is poised to check the growth of the market through the projection period.
Market Segmentation:
By type, the automated hospital beds market has been segmented into semi-automatic hospital beds and fully automatic hospital beds.
By technology, the automated hospital beds market has been segmented into basic automated hospital beds and smart automated hospital beds
By the type of treatment, the automated hospital beds market has been segmented into critical care, acute care, and long-term care.
By usage, the global automated hospital beds market has been segmented into intensive care, delivery/birthing, general purpose, pediatric, pressure relief, bariatric, psychiatric care, and others.
By end user, the automated hospital beds market has been segmented into reproductive care centers, home users, hospitals & clinics, dentistry, and others
Regional Analysis:
The global automated hospital beds market, by region, has been segmented into Europe, North America, Asia Pacific, and the Middle East & Africa. Key players in Europe has been emphasizing on the advancement of technology in healthcare sector. This, in turn, is expected to unleash growth opportunities for the participants of automated hospital beds market. The region houses some of the major players and is poised to secure its pole position in the global market through the forecast period.
North America is estimated to retain the second spot in the global marketplace. The penchant for novel technologies prevailing in the region has led to early adoption of automated hospital beds in the region. In addition, the region is burdened under the large-scale prevalence of chronic diseases such as cancer, cardiovascular disorders, etc. it is projected to push the automated hospital beds market on an upward trajectory during the review period.
Asia Pacific is the hotspot for medical tourism, and a large population of patients from the world is attracted to visit the region every year. The growth of medical tourism in countries such as India, China, South Korea, Singapore, etc. is likely to drive the expansion of the regional automated hospital beds market in the forthcoming years.
The Middle East & Africa is forecasted to exhibit steady growth over the next couple of years. Although the Middle Eastern countries such as the U.A.E, Saudi Arabia, etc. poses enormous growth potential, the poor socio-economic condition of the African region remains an impediment to the market growth.
Competitive Landscape:
Some of the key players profiled in the report are Gendron Inc., ArjoHuntleigh, Hill-Rom, Linet spol. s r.o., Paramount Bed Holdings Co., Medline Industries, Inc., Invacare Corporation, Ltd., and Stryker.     
Industry News:
In May 2018, Scotland-based NHS Highland hospital has announced the integration of Internet of Things (IoT) technology to hospital beds for monitoring the patients more efficiently. The automation of hospital beds in the hospital has started as a trial process.
In December 2018, EarlySense, an Israeli medical device company, has partnered with Hill-Rom, a manufacturer of hospital beds, furniture, other health care equipment, and medical technology systems, for the development of Centrella Smart Bed which will be embedded with EarlySense sensor.
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.
Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312



Analysis on Diagnostic Imaging Market Size, Global Growth and Demand to forecast

Market Highlights
The Global diagnostic imaging services market 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.
Regional Analysis
n regional basis, the Americas is anticipated to dominate the global diagnostic imaging services market size 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.
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. 
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.
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:                                    
Akash Anand                                                                       
Market Research Future
+1 646 845 9312

Analysis on Veterinary Pain Management Market Forecast to 2027

Acknowledging the rapid expansions, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the global veterinary pain management market will reach significant growth heights by 2023 registering 8.2% CAGR during the review period (2018 – 2023).
Market Highlights:
Veterinary Pain Management Market Size is growing rapidly and pervasively mainly due to the spreading awareness towards animal care. People are generally compassionate towards their pets, and they are increasingly becoming aware of animal physiology and psychology and the pain they go through during sickness, injuries, recoveries and after effects of the diseases. Besides, factors such as the increasing number of pet owners and the strengthening bond between owners and their animal companions escalate the market on the global heights.
Additional factors substantiating the market growth include the rising per capita income that is leading to increasing the pet adoptions and the trend of nuclear families. Increased awareness concerning animal cruelty is influencing people’s ideologies and knowledge about animals.
Moreover, developments in animal health medicines and vaccines, along with the increased medical treatments are fostering the market growth of veterinary pain management market. Increased R&D expenditure to bring innovations in the products, and development of better and effective veterinary pharmaceuticals and vaccines, etc. are contributing to the market growth.
Improving economic conditions worldwide foster market growth, enabling access to the quality of life, increasing consumers’ buying power, and availing cost-effective veterinary healthcare.
On the other hand, factors such as the lack of awareness and knowledge pertaining to the animal well-being and the rising cost of pet care, etc. are expected to impede the market growth. Also, unavailability of skilled doctors is a major restraint the market is confronting with.  Nevertheless, technological advancement, increasing number of ambulatory services coupled with the government and public organizations initiatives like PETA, working towards animal rights and liberation are expected to support market growth.
Veterinary Pain Management Market   - Segmentations
MRFR has segmented the analysis into seven key dynamics for better understanding: -
By Drug Type: Nonsteroidal Anti-Inflammatory Drugs, Opioids, Local Anesthetics, Α2-Adrenergic Agonists, Muscle Relaxants, Sedatives, and Corticosteroids among others.
By Devices: Laser Therapy Devices and Electromagnetic Therapy Devices among others.
By Route of Administration: Oral, Parenteral, and Topical among others. 
By Animal Type: Companion Animals, Livestock, Research Animals, Aquatic Animals, Zoo Animals, and Exotic Animals among others.
By Application: Joint Pain, Postoperative Pain, and Cancer among others.
By End-user: Veterinary Hospitals & Clinics, Research Institutes & Universities, and Laboratories among others.                                                                                                                  
By Regions:  Europe, North America, APAC and the Rest-of-the-World.
Veterinary Pain Management Market   - Geographical Analysis
The North American region accounts for the leading market for veterinary pain management majorly due to the availability of a range of animal care products, emphasis on animal health, and stringent government regulations.  Also, technological innovations in the field of veterinary surgical instruments are acting as a tailwind pushing up the market growth in the region. 
Additional factors such as growing insurance coverage schemes are expected to push the growth of the veterinary pain management market in the region. Moreover, the increasing number of pets and a large patients’ pool, contribute to the growth of the regional market, demanding various treatment procedures and surgeries.
Countries such as Canada and the US are focusing on exporting surgical equipment and surgical suturing material across the world, which, in turn, is increasing the size of the market in this region. Besides, the growing number of veterinary hospitals fuel market growth.
The Veterinary Pain Management Market in the European region stands the second position in terms of the market size, owing to the increasing pet ownership fuelled by the tax benefits granted by the government.  Increase in animal diseases has led to an increasing number of surgeries and veterinary healthcare organizations. European countries like Germany, France, and the U.K, backed by the significant expenditures in the field of manufacturing of veterinary medical and surgical devices, majorly contributes to the growth of the regional market.
The Asia Pacific region is emerging as a promising market for companion veterinary pain management. China among other APAC dominates the regional market whereas, India accounts for the fastest growing market, followed by Australia and Japan.  Factors such as the presence of a large patient’s pool, increasing awareness towards animal health, and the improving economy are few of the driving forces pushing up the market in the region.
Veterinary Pain Management Market   - Competitive Landscape
The fiercely competitive veterinary pain management market appears to be fragmented due to many players forming a competitive landscape. Mergers & acquisitions, innovations, and Brand reinforcement remain the popular trends for the market players. Acquisitions of local manufactures by multinational companies are changing the market structure, increasing the profit of the company by reducing the competition significantly.
Key Players:
Some of the players leading the market include Zoetis, Boehringer Ingelheim, Chanelle, Ceva Santé Animale, Dechra Pharmaceuticals, Norbrook Laboratories, Merck Animal Health, Elanco, Assisi Animal Health, Bayer, and Vetoquinol.
Industry/ Innovation/ Related News:
November 08, 2018 – Vetoquinol USA, a world-class developer of veterinarian-approved formulas for large animal healthcare products, announced the launch of its rebranded product line - EQUISTRO®. The rebranding includes new packaging for products and others. All EQUISTRO products are now available in veterinary clinics and in retail stores that sell feed, farm supplies, horse tack, and equine products. The rebranding strategy helps to expand the products available for performance horses through Vetoquinol.
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.
 Contact:
Market Research Future
+1 646 845 9312

Analysis and Growth on Aromatherapy Market size, Share Trends and Forecast

Market Scenario
Market Research Future (MRFR) postulates that the aromatherapy market is estimated to garner USD 4.3 billion, grabbing a healthy CAGR of 6.18 % during the forecast period (2017-2023). The non-invasive nature of aromatherapy is encouraging the market growth. Aromatherapy is practiced across the globe to treat several conditions like burns, eczema, acne, skin rashes, etc. and is also being gradually approved for pain management. Aromatherapy is common among the geriatric population as they help to heal chronic pain. The procedure is progressively being used at homes for instant relief from cold and flu, relaxation and sleep, mood enhancement, and pain relief. They are cost-effective, offer privacy and convenience. Aromatherapy finds application in the skin and hair care, relaxation, cold and cough, pain management, scar management, insomnia, and others.
Market Potential and Pitfalls
The aromatherapy market is experiencing an up thrust across the globe with a large number of the global population opting for aromatherapy, non-invasive nature of aromatherapy, and increasing lifestyle industry. The modern lifestyle is encircled with problems such as stress and sleep disturbances which have further inflated the market growth. Aromatherapy used aromatic and other essential oils which helps to combat cold, increase immunity and improve breathing disorders. Such benefits have encouraged the aromatherapy market worldwide. The surging practice of aromatherapy at home, growing customer fondness towards the use of natural products, and the high prevalence of lifestyle diseases are likely to propel the market growth in the coming years.
Essential oils used in aromatherapy possess several natural healing factors. Therapeutic grade essential oils have a positive impact on the overall wellness of the patient. They are considered a natural cleanser and also an antibacterial remedy when ingested. Moreover, people across the globe are becoming aware of the benefits provided by such natural therapies, which is further encouraging the market growth. Consumers are buying cosmetic products integrated with aromatherapy ingredients and essential oils. Aromatherapy products including and creams, bath salts, and massage oils are popular among the consumers. Manufacturers are thus offering a varied range of aromatherapy consumables which consist of natural ingredients, pleasant smell, and relaxing properties. Oils such as lavender, lemongrass, and peppermint are gaining huge prominence among the manufactures. Such factors are influencing the growth of the aromatherapy market across the globe.
On the contrary, the toxic nature of the essential oils and a dearth of proper guidelines are considered some of the top barriers vitiating the market growth across the globe. For instance, Cineole is an essential oil which can be poisonous above the recommended dose. An overdose can cause nausea, epigastric burning, dizziness, vomiting, rapid heartbeat, muscular weakness, feeling of suffocation, etc.
Global Aromatherapy Market: Segmental Analysis
The global aromatherapy market has been segmented on the basis of product, application, and therapeutic application.
By mode of product, the global aromatherapy market has been segmented into essential oils and equipment. Among these, the essential oils segment is likely to gain prominence in the coming years owing to the increased awareness regarding the therapeutic value of these oils.
By mode of application, the global aromatherapy market has been segmented into inhalation, tropical, and aerial diffusion.
By mode of therapeutic application, the global aromatherapy market has been segmented into relaxation and sleep, skin and hair care, pain management, and other remedies. Among these, the relaxation & sleep segment is considered to gain prominence in the coming years owing to the surging number of people suffering from stress and anxiety along with the side effects associated with alternative medicines.
Regional Insights
Geographically, the aromatherapy market span across regions namely, Europe, North America, Asia Pacific, and the Middle East & Africa.
Considering the global scenario, the North American region is the most prominent region in the global market with the U.S. generating the maximum revenue. The high per capita income and high population density are the top two factors encouraging the market growth in this region. The surging awareness among the people regarding the health benefits of essential oils and aromatherapy coupled with the rising demand for herbal products for personal care are contributing to the growth of the market.
The European region is estimated to occupy the second spot and is likely to expand at the fastest speed. France is considered the largest market in this region owing to the tradition of aromatics. The presence of prominent market players has further influenced the market growth.
The Asia Pacific region is experiencing steady growth with China being the largest market owing to the presence of a large population. The region has proved to be a potential region for the market players owing to the surging incidences of lifestyle and chronic diseases, high population base, and growing disposable income of the people. Medical tourism makes the region a lucrative region for aromatherapy as economies like India having the traditional process of using natural resources and essential oils for treating various illness attract tourists across the globe.
Industry Updates
March 27, 2019: Lunaroma Aromatic Apothecary in Burlington offer over hundreds of essential oils and they are now making their way into modern medicine with doctors using the age-old technique to help their patients.
Competitive Dashboard
The prominent players operating the global aromatherapy market comprises NOW Foods, Muji, Tree of Life, Young Living, Neal’s Yard Remedies, dōTERRA, Zija International, Nu Skin, Air Aroma, and others.
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.
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:
Akash Anand
Market Research Future
+1 646 845 9312

Monday, 18 May 2020

booming Topic of Swollen Knee Treatment Market with Segmentation and Regional Analysis

Market Analysis 
The global swollen knee treatment market is likely to grow at a notable CAGR between 2018- 2023, reveals the new Market Research Future (MRFR) report. Knee swelling, or what is also occasionally known as “water on the knee” occurs for the accumulation of surplus fluid in and around the knee joints. In medical terms, this condition is called “knee effusion”. Swelling in the knee can result on account of injuries like broken bones, cartilage tear, or torn ligament. Surgery, liposomal bupivacaine, nerve blocks, patient-controlled analgesia (PCA) pumps, and medications, are some of the different types of swollen knee treatment. 
Various factors are adding to the swollen knee treatment market share. Such factors, as revealed by the latest MRFR report, include rising prevalence of arthritis, obesity, sports-related injuries, diabetes, and osteoporosis, an increase in the geriatric population, rising cases of musculoskeletal diseases, and an increasing number of surgeries being undertaken. 
On the contrary, financial slowdown, huge surgical cost, intense competition, and increasing awareness about non-surgical treatment like painkiller medicines, weight loss programs, walking aids, shoe inserts, and exercises are factors that may limit the swollen knee treatment market growth over the forecast period. Besides knee joint infections and complications may also restrict the market growth.
Market Segmentation
The Market Research Future Report provides an inclusive segmental analysis of the global swollen knee treatment market size based on end users and type. 
By type, the swollen knee treatment market is segmented into surgery, liposomal bupivacaine, nerve blocks, patient-controlled analgesia (PCA) pumps, and medications. Medications are again segmented into corticosteroids and opioids, and others. Surgery is again segmented into knee replacement, arthroscopy, and arthrocentesis. Knee replacement is again segmented into unicompartmental knee replacement, total knee replacement, and others. 
By end users, the swollen knee treatment market is segmented into ambulatory surgery centers, clinics, hospitals, and others. 
Regional Analysis 
By region, the global swollen knee treatment market report covers the growth opportunities and recent trends across North America, Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, North America will dominate the market over the forecast period. Factors propelling the swollen knee treatment market growth in the region include favorable compensation setting for several surgical procedures, growing healthcare sector, increasing awareness, and early adoption of advanced medical technologies. 
 The swollen knee treatment market in Europe is predicted to hold the second-largest share during the forecast period. Factors propelling the swollen knee treatment market growth in the region include growing demand for advanced treatment procedures, the rising number of surgeries, and the growing frequency of diabetes patients in the region. 
The swollen knee treatment market in the APAC region is predicted to grow at a fast pace over the forecast period. Factors propelling the swollen knee treatment market growth in the region include rising medical tourism, increasing disposable income, better adoption rate, burgeoning demand for advanced technology, and access to optimal treatment facilities. 
The swollen knee treatment market in the MEA will have a small share over the forecast period due to poor medical facilities, a lack of technical knowledge, and an underdeveloped healthcare sector. 
Key Players
Key players profiled in the global swollen knee treatment market report include Smiths Medical, Teleflex, C.R.Bard, AngioDynamics, Fresenius Kabi, Merck & Co., Pfizer Pharmaceuticals Inc., B. Braun Melsungen AG, Exactech, Biomet Inc., Wright Medical Group Inc., DePuy Companies Inc., Smith & Nephew Plc., Zimmer Holdings, and Stryker Corporation. Industry players have incorporated several strategies to stay head and shoulders above others in the completion and also cater to the growing needs of consumers. Some of these strategies include contracts, joint ventures, collaborations, strategic alliances, mergers and acquisitions, product launches, and others. 
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Attractive Market Opportunities in Medication Management Market Grow at a significant rate

The global medication management market size is expected to exhibit a strong 13.4% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global medication management market is mainly driven by the growing geriatric population and the growing awareness about medication management, which has led to a raft of new products in the market. The report assesses the probabilities of the market’s various growth trajectories through the 2018-2023 forecast period and delivers a detailed analysis of the market’s major growth drivers and restraints. The leading factors enabling growth of the medication management market are assessed in detail in the report. The major restraints hampering the market growth are also profiled in the report, providing a complete overview of the market. The leading players operating in the global medication management market are also profiled in the report, providing readers with a complete overview of the competitive landscape of the market. 
Medication management is a key part of healthcare services and tracks medication from its acquisition in hospitals to its consumption by the patient. The medication management market has emerged as a major part of the healthcare sector mainly due to the growing geriatric population around the world. Geriatrics often have multiple prescriptions and thus need to remember their dosages accurately. They may also suffer from memory disorders, making them unreliable in terms of sticking to their medication schedule. This has led to a growing number of medication management products coming into the market in recent years. The growing geriatric population in the U.S., Canada, and Western Europe is likely to be the major driver for the global medication management market over the forecast period. The growing geriatric population in Asia Pacific countries such as Japan, China, and India is also likely to be a key driver for the global medication management market over the forecast period.
Rising investment in healthcare IT is also likely to be a major driver for the global medication management market over the forecast period. Healthcare IT solutions have become increasingly important over the last few years, as data-driven decision making has become increasingly popular in the healthcare sector. On the other hand, the high costs of installing and maintaining medication management systems could constrict the market’s chances of further growth over the forecast period. 
Competitive Analysis:
Leading players in the global medication management market include Siemens Ltd., QuadraMed Affinity Corporation, Optum Inc., Omnicell Inc., Medical Information Technology Inc., McKesson Corporation, General Electric Company, and Allscripts Healthcare. 
In January 2020, Medisafe, a leading provider of medication management solutions, announced the inclusion of pharmacy services in its range of services. This includes the ability for patients to refill their prescriptions as well as having them delivered to their doorstep. 
Segmentation:
The global medication management market is segmented based on systems, services, mode of delivery, end user, and region.
By systems, the global market for medication management is segmented into computerized physician order entry systems, clinical decision support systems, administration software, inventory management systems, automated dispensing systems and assurance systems. The administration software segment is further classified as electronic medication administration records (eMAR) software and bar code medication administration (BCMA) software. The automated dispensing systems segment is further classified as centralized automated dispensing systems and decentralized automated dispensing systems (ADS); centralized automated dispensing system includes robots/robotic automated dispensing systems and carousels, while decentralized automated dispensing system (ADS) includes pharmacy-based decentralized automated dispensing systems, ward-based decentralized automated dispensing systems and automated unit-dose decentralized automated dispensing systems.
By services, the global medication management market is divided into point-of-care verification services and adverse drug effects (ADE) surveillance services.
By mode of delivery, the market is divided into web-based solutions, on-premise solutions, and cloud-based solutions.
Based on end user, the market is segmented into hospitals, pharmacies, and others.
Regional Analysis:
The global medication management market is dominated by North America, followed by Europe, due to the high prevalence of polypharmacy in the region and the presence of several leading healthcare players. Asia Pacific is likely to be the fastest growing regional market over the forecast period due to the growing healthcare sector in the region and the growing geriatric population. 
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Market Research Future
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