Analysis Report: Biopharmaceuticals Market Size, share, Trends, Comprehensive Growth by Top Leaders

 Biopharmaceuticals Market Overview

International Biopharmaceuticals Market is anticipated to reach USD 394,998.5 Million by the forecasted year of 2025. This feat is expected to happen at a CAGR of 8.99%. With the growing level of investments and interest from the leading pharmaceutical companies is said to be the prime reasons behind the growth of the market. Not just in biotechnology, the level of investment has grown in biopharmaceutical research and development domain as well, opening the scope for the market boost.  

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It’s not just that the investment level has grown; the level of acceptance of biopharmaceuticals has been quite encouraging as well. It’s the greater ability to treat the diseases that used to remain untreated in modern times that has enhanced the scope of the market. Advancing technology is also a prime reason behind the same. It is evident that the level of geriatric population has increased significantly in recent times, widening the market scope immensely. It is here to note that one in every six people in the world is more than 65 years.

As evident, the technological advancement in this segment has grown significantly. The level of regulations from local government is much relaxed as well in modern times than ever. Promotional aspects look encouraging in this segment, promising a lot about market growth. People are being convinced that the level of side-effects associated with biopharmaceuticals has gone down to a great extent, making things much reliable than ever.      

Biopharmaceuticals Market Segmentation

The global biopharmaceutical market can be segmented on the basis of product type, in terms of application, and on the basis of region. On the basis of product type, the global biopharmaceutical market can be further segmented into monoclonal antibodies, Recombinant Growth Factors, Purified Proteins, Recombinant Proteins, Recombinant Hormones, Vaccines, Synthetic Immunomodulators, and others. In terms of application, the market can be further segmented into Oncology, Inflammatory and Infectious Diseases, Autoimmune Disorders, Metabolic Disorders, Hormonal Disorders, Disease Prevention, Cardiovascular Diseases, Neurological Diseases, and others. On the basis of region, the market is segmented into America, Europe, Asia Pacific, Middle East, and Africa.        

Biopharmaceuticals Market Regional Analysis

On the basis of region, the global biopharmaceutical market is segmented into America, Europe, Asia Pacific, Middle East, and Africa. America is indeed the leading market among all due to a higher rate of occurrence of cancer in this part of the world. Around 10 million people have died due to cancer by 2019. Europe comes next to America powered by its growing geriatric population and well-established infrastructure for health domain. The rate of occurrence of neurological disease is also high in Europe. The Asia Pacific is one of the significantly growing markets due to growing population in nations like India and China. The Middle East and Africa show equally incredible promise as well.

Biopharmaceuticals Market Key Players

• Pfizer, Inc. (US)

• Amgen Inc. (US)

• Eli Lilly and Company (US)

• Hoffmann-La Roche Ltd (Switzerland)

• Johnson & Johnson (US)

• Gilead Sciences, Inc. (US)

• AstraZeneca (UK)

• Abbvie Inc. (US)

• Sanofi (France)

• Bristol-Myers Squibb Company (US)

• Sandoz International GmbH (Germany)

• Novo Nordisk A/S (Denmark)

• GlaxoSmithKline PLC (UK)

• Merck KGaA (Germany)

• Biocon (India)

Industry News

3rd Watch News publishes a report about the market scenario of global biopharmaceutical market. It analyses all the factors associated with the growth of the market. Also, the report identifies the major parts where the market growth can be the most significant. The report predicts the overall growth rate at which the market is expected to expand at these parts.      

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Apoptosis Assays Market 2019 is Projected to Exhibit a CAGR of 9.4% during the Forecast period 2024 Consumer research, Report Covering Major Key Points

Apoptosis assay, or programmed cell death, is a growth limiting mechanism   which is devised in case of extracellular signals because of DNA damage. In apoptosis assay, cells are genetically ablated. Apoptosis assays include cell shrinkage, chromosome condensation, membrane blebbing, DNA laddering, nuclear fragmentation, and others. Market Research Future (MRFR) has published an in-depth report on the global apoptosis assay market and has predicted a CAGR of 9.4% over the forecast period of 2018-2023. The market stood at USD 2.99Bn in 2017. 

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Aggressive efforts in cell-based research studies is a key factor driving the apoptosis assay market. The governments of multiple countries, as well as, various private entities are outlaying massive amounts on cell-based research studies. For instance, in 2017, the National Institutes of Health (NIH) invested USD 1.65 Bn for stem cell research. Such investments have been pouring in recently, given the surge in the incidence rate of chronic diseases across the globe. Autoimmune diseases, neurodegenerative diseases, and oncological disorders are spreading at an alarming rate. Such towering occurrences of such disorders have evoked intensive R&D activities for drug development, which is fueling the growth of the apoptosis assay market. In contrast, the apoptosis assays require hefty investments, which can trim the growth of the market over the forecast period. 

Segmentation

The apoptosis assays market has been segmented based on product, detection technology, application, and end user.

By product, the apoptosis assays market has been segmented into kits, reagents, instruments, and others. The kits segment dominated the market in 2017.  

By detection technology, the apoptosis assays market has been segmented into flow cytometry, fluorescence microscopy, western blot assessment, gel electrophoresis, and others. The flow cytometry segment led the market in 2017.

By application, the apoptosis assays market has been segmented into drug discovery and development, stem cell research, and others. Application-wise, the drug discovery and development segment is leading the market while the stem cell research segment is expected to be the fastest growing segment over the forecast period. 

 

By end user, the apoptosis assays market has been segmented into pharmaceutical and biological companies, research institutes, and others. The pharmaceutical and biological companies segment is leading the market while the research institute segment is likely to be the fastest growing segment over the forecast period. 

 regional Analysis

Region-wise, the apoptosis assay market has been segmented into the Americas, the Middle East & Africa (MEA), Europe, and Asia Pacific (APAC). 

The Americas is dominating the global apoptosis assay market on account of the concentration of major market players in the region and increasing R&D expenditure. The prevalence of various chronic diseases is also considerably high in the region which has led to extensive R&D efforts. The US is a key contributor to the Americas market. 

Europe accounts for the second largest share of the global apoptosis asay market. The growth of the market can be attributed to the expanding pharmaceutical and biotech industry in the region. In addition, government support has facilitated rigorous R&D activities in the field of cell-based research, which is boosting the growth of the market. Other factors supporting the growth of the market include heightened investment in R&D by market players, the presence of a well=established market players, and increasing awareness regarding targeted therapy. 

The APAC apoptosis assay market is likely to exhibit the highest CAGR over the forecast period. Increasing R&D expenditure, surging prevalence of chronic diseases, and rising government support is driving the market in APAC.  

Competitive Landscape

GeneCopoeia, Inc. (US), Danaher Corporation (US), GE Healthcare (US), Becton, Dickinson and Company (US), Bio-Rad Laboratories (US), Geno Technology (US), Thermo Fisher Scientific (US), Promega Corporation (US) , Abcom plc, Merck KGaA (Germany), and Sartorius AG (Germany) are the key players in the apoptosis assays market.

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Top Leading Companies Focus on Adhesion Barrier Market Size, Trends, Analysis and Regional Growth

  

Adhesion Barrier Market Highlights

As per Market Research Future (MRFR) analysis, the global adhesion barrier market is expected to reach USD 928.78 million with a CAGR of 7.32% from 2019 to 2025 (forecast period).

Adhesion barrier is a medical implant used in patients with abdominal or pelvic laparotomy as an alternative to the removal of postoperative adhesions between the abdominal wall and the underlying viscera.

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Market Dynamics

The adhesion barrier market is expected to expand at a steady growth rate. Significant factors impacting the market growth include rising surgical procedures for small bowel obstruction, infertility and chronic pelvic pain, and cost-effective adhesion prevention. The majority of laparoscopic procedures contribute to adhesions. It is estimated that more than 400,000 laparotomies are conducted annually in the United States for small bowel obstruction. In the United States, obstetricians-gynecologists have been shown to perform two of the most common surgical procedures, involving cesarean delivery and abdominal hysterectomy, which is associated with the risk of developing pelvic adhesions. The study found that adhesions occur in approximately 97% of abdominal interventions that cause chronic pain, infertility, and intestinal obstruction. Moreover, cost-effective prevention of adhesions is also driving the growth of the market. For open surgery, the adhesion barrier lowers the cost of surgery relative to no adhesion barrier, i.e., USD 4.376 versus USD 4.482. A four-year study was conducted in the US, and it was found that the average cost of colorectal surgery had been reduced to USD 106, from USD 4.482 without an adhesion barrier to USD 4.376 with an adhesion barrier.

However, the risk of the use of the adhesion barrier in patients with a history of hypersensitivity and the choice of adhesion barriers among surgeons may hinder the growth of the market.

 

Adhesion Barrier Market Segmentation

The global market for adhesion barrier has been segmented into product, formulation, severity, and application. 

By product, the global market for adhesion barrier has been segmented into synthetic adhesion barriers and natural adhesion barriers. The synthetic adhesion barriers are further divided into hyaluronic acid, regenerated cellulose, and polyethylene glycol. Synthetic adhesion barriers accounted for the largest market share due to several advantages over natural adhesion barriers, including high biocompatibility, bioresorbable property, and cost-effectiveness of these products. The natural adhesion barriers are further segmented into collagen & protein, fibrin.

By formulation, the global adhesion barrier has been segmented into film, gel, and liquid. Film based adhesion barriers are projected to hold the largest market share due to better handling characteristics and proven positive results. Leading manufacturers for these products are J&J, Sanofi, and others. Gel-based adhesion barriers are composed of polyethylene oxide and sodium carboxymethylcellulose, with protective activity. Liquid-based adhesion barriers are aimed to create a site-specific barrier on a target

By severity, the global market for adhesion barrier has been segmented into mild adhesion and severe adhesion. Mild adhesion was the largest market share. According to a study of 122 patients, only three patients were found to have switched from mild to severe adhesion. Example of mild adhesion includes filmy and avascular. Severe adhesion is expected to hold the least market share. Example of severe adhesion includes organized, cohesive, vascular, and dense

By application, the global market for adhesion barrier has been described by gynecological surgeries. Gynecological surgeries are projected to have the largest market share due to a large number of gynecological procedures, and many women are likely to experience post-surgical adhesions. It is estimated that 90 % of patients undergo main abdominal surgery and that between 55% and 100% of females undergo pelvic surgery develop adhesions.

 

Adhesion Barrier Market  Regional Analysis

Regionally, the global adhesion barrier market has been segmented into the Americas, Europe, the and Asia Pacific.

The Americas led the adhesion barrier market in 2019 and is expected to continue to dominate the market throughout the forecast period. This is due to the existence of a large number of medical device firms, a rise in research and development, an increase in laparoscopy procedures, and a large number of patients. More than 400,000 laparotomies are conducted annually in the United States alone for small bowel obstruction.

Europe is projected to hold the second-largest share due to increased use of advanced technologies and increased product development by existing manufacturers.

The Asia Pacific is projected to rise at the highest rate of growth during the study period. This is due to widely populated countries such as China, India, Indonesia, Pakistan, and Bangladesh, growing gynecological procedures, and increasing government initiatives to raise awareness of women's related diseases.

 

Adhesion Barrier Market  Studied by Top Key Players 

Some of the leading participants in the global adhesion barrier are Johnson & Johnson, Atrium Medical Corporation (A Part of Getinge Group), Betatech Medical, R. Bard, FzioMed, Innocoll Holdings, Anika Therapeutics, Integra LifeSciences Holdings Corporation, Baxter International, MAST Biosurgery, Normedi Nordic., Sanofi.

 

Industry News

In December 2019, Baxter International announced that it would acquire Sanofi's surgical products unit Seprafilm and related assets for USD 350 million in cash. The deal is scheduled to close in the first quarter of 2020.

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Bioimplants Market size, share Covid19 Impact, Report, Analysis, Growth factors and forecast to 2023

Bioimplants or bio-implants are devices which are easily compatible with living tissues or organs within the body. The aging population and pressure to develop biocompatible implants with a long shelflife has brought evaluation of efficient and performance under question. The global bioimplants market report by Market Research Future (MRFR) covers developments of biomaterials, progress in manufacturing processes, and its scope for the period of 2018 to 2023 (forecast period).

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Bioimplants Market Scope

The global bioimplants market can register 8.6% CAGR during the forecast period. It was valued at USD 98,350 million in 2017. Primary factors fueling market growth are bone degeneration cases among the elderly, prevalence of lifestyle diseases such as diabetes, infections, and others, and minimally invasive surgeries. Rise in research and development activities and developments such as 3D printing, laser technology, and nanotechnology can support market growth. Complex geometrical shapes of bones and tailored requirements by patients designed for rehabilitation and plastic surgeries can bode well for the market.

But unfavorable reimbursement policies, high prices of implants, and lack of skilled personnel in handling surgeries can hamper the growth of the global bioimplants market.

Segmentation

The global bioimplants market is segmented by type, material, origin and end-user.

By type, the market is segmented into ophthalmic implants, cardiovascular implant, orthopedic implants, dental implants, spinal bio-implants, and others. The cardiovascular implant segment comprises pacing devices, stents, and others. Dental implants are classified into plate form dental implants and root form dental implants. While, the spinal bioimplants segment is further segmented into motion preservation implants, form dental implant, intervertebral spacers, and cervical implants. Orthopedic Implants are divided into trauma implants, joint replacement implants, orthobiologics, and knee replacement implants. Lastly, ophthalmic implants are segmented into glaucoma implants and intraocular implants.

Materials within the market encompass alloys, biomaterial metals, ceramics, and others. The biomaterial metals segment comprises silver, titanium, gold, and platinum. 

By origin, the market is segmented into xenograft, autograft, allograft, and synthetic.

By end-user, the market is segmented into specialty centers, hospitals, clinics, and others. 

Regional Analysis

Geographically, the global bioimplants market is segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

The Americas are deemed to dominate the global market owing to prevalence of chronic disorders such as diabetes and obesity, incidence of chronic diseases, a large geriatric pool, and increasing number of surgeries. According to the Centers for Disease Control & Prevention (CDC), nearly 93 million Americans suffered from obesity. Large number of hip and knee replacement surgeries is evidence of the large potential of the market.

Europe is the second-largest region of the market due to rise in research and development activities, occurrence of orthopedic disorders, and ample funding for the healthcare sector. The large number of cardiovascular disorder cases is giving prime impetus to the regional bioimplants market growth. According to the European Heart Network, more than 85 million patients were diagnosed with some form of cardiovascular disease in Europe in 2015.

APAC can display an exemplary growth rate during the forecast period owing to rising investments in healthcare, rise of disposable income levels, and a large geriatric population. According to the United Nations ESCAP, the population of patients aged 60 and above can reach 1.3 billion by 2050. Alarming number of road accidents are likely to spur the demand for bioimplants. This is supported by a report by Tokyo’s Keio University stating the number of patients with spinal cord injuries to reach 100,000 in 2019.

The MEA can register the lowest growth of the global bioimplants market due to lack of proper healthcare infrastructure, paucity of technical knowledge, and an underdeveloped healthcare sector.

Bioimplants Market Competitive Outlook

Integra LifeSciences, Stryker, C.R.Bard, Inc., Wright Medical Group N.V., Invibio Ltd., Johnson & Johnson Services, Inc., Abbott, Boston Scientific Corporation, Smith & Nephew plc, Medtronic, Dentsply Sirona, Zimmer Biomet, and Cook Group are major players of the global bioimplants market.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Global Dental Sterilization Market Report 2019-2023: Examine the Technology, Leading Companies, and Solutions

Dental sterilization is a highly crucial part of maintaining the tools and techniques related to dentistry. As per the latest published report by Market Research Future (MRFR), the global dental sterilization market is expected to grow at a CAGR of 6.90% during the forecast period of 2017 to 2023. The market valuation is expected to jump from USD 1.11 billion back in 2017 to USD 1.5 billion by the end of the forecast period.

A key driver influencing the demand for dental sterilization is the widespread prevalence of dental related diseases or disorders. Dental caries, one of the most common tooth-related issues, is one of the primary reasons behind the loos of tooth and remains a significant concern across developed economies in the world. Consumption of fast food and sugar-rich food items are acting as the main culprits behind incidences of tooth decay and is likely to continue in the coming years as well, thereby driving the growth of the market over the forecast period.

One of the biggest results out of the growing prevalence of dental diseases have been the rising number of dental care facilities. The growth factor associated with the dentistry field is likely to continue in the near future. This, in turn, helps drive the dental sterilization market towards a period of growth.

Market Segmentation

The global dental sterilization market comprises of the following segments: products and end-users.

By product type, the market includes consumables, instruments, and accessories. Among these, the instruments segment is most likely to maintain its dominance over others in terms of market share contribution during the forecast period.

By end-user, the market divides into dental laboratories and hospitals. The hospitals segment is most likely to remain the largest contributor of the two during the forecast period.

Regional Analysis

The geographical segmentation of the global dental sterilization market covers the following regions, Europe, Asia Pacific, North America, and the Rest of the World.

North America leads the chart with the highest market share percentage in the global dental sterilization market. This is primarily due to the widespread prevalence of dental-based diseases in the region and ease of availability concerning the use of advanced dental sterilization equipment. Dental caries is one of the most common requirement in dental hygiene, especially in the US, and affects close to 90% of the school-going children. All these factors are poised to make the North American market maintain its topmost standings over the forecast period.

The Asia Pacific region is considered to be an emerging region in the global landscape, however, it plays a major role in the overall development of the market. Herein, fast-paced urbanization in developing countries like India and China has incepted the adoption of Western-like diet system. This has posed to be an increasing problem for the dental health of consumers residing in the Asia Pacific region. Alongside this, the growing number of dental care centers and clinics across these countries is increasingly likely to drive the demand for the global dental sterilization market in the Asia Pacific region during the forecast period.

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Market Segmentation

The global dental sterilization market comprises of the following segments: products and end-users.

By product type, the market includes consumables, instruments, and accessories. Among these, the instruments segment is most likely to maintain its dominance over others in terms of market share contribution during the forecast period. 

By end-user, the market divides into dental laboratories and hospitals. The hospitals segment is most likely to remain the largest contributor of the two during the forecast period. 

Regional Analysis

The geographical segmentation of the global dental sterilization market covers the following regions, Europe, Asia Pacific, North America, and the Rest of the World. 

North America leads the chart with the highest market share percentage in the global dental sterilization market. This is primarily due to the widespread prevalence of dental-based diseases in the region and ease of availability concerning the use of advanced dental sterilization equipment. Dental caries is one of the most common requirement in dental hygiene, especially in the US, and affects close to 90% of the school-going children. All these factors are poised to make the North American market maintain its topmost standings over the forecast period.

The Asia Pacific region is considered to be an emerging region in the global landscape, however, it plays a major role in the overall development of the market. Herein, fast-paced urbanization in developing countries like India and China has incepted the adoption of Western-like diet system. This has posed to be an increasing problem for the dental health of consumers residing in the Asia Pacific region. Alongside this, the growing number of dental care centers and clinics across these countries is increasingly likely to drive the demand for the global dental sterilization market in the Asia Pacific region during the forecast period.

Competitive Analysis

The global dental sterilization market comprises of a number of key players, including Matachana Group, Planmeca Group, Danaher, A-Dec, Hu-Friedy, Scican, Tuttnaue, W&H, BMT Medical Technology, Getinge, Midmark, Dentsply Sirona, Nakanishi, Crosstex, and Premier Dental.

March 12th, 2019, Planmeca became the first-ever dental manufacturer to offer a comprehensive suite of IoT solutions for large clinics as well as clinic chains. The unique device of Planmeca makes it easy to access different sets of data and analyze the same. 

March 12th, 2019, Planmeca and Navigate Surgical Technologies, aka NST, a recognized provider of real-time surgical navigation services, announced their collaboration in order to launch innovative solutions for dental implant surgeries. The partnership is promises to offer dental implant surgeons to deliver enhanced and clinical patient outcomes. The tech offers more precise and accurate implant placement. 

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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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NEWS: Technology Trends on Diabetes Monitors Market (2020-2023) | MRFR

Diabetes Monitors Market - Overview

Diabetes monitors are used for monitoring glucose levels in the human bodies to optimize treatment strategies and provide insight into the effect of diet, medications, and exercise on the patient. As a cure for diabetes is yet to be developed so, managing this condition is the most successful means for its control. 

Hence, diabetes monitors are essential and highly effective components for the disease management regime. Owing to the increasing prevalence of diabetes the diabetes monitors market is growing pervasively.  Moreover, factors such as the technological advancements, are escalating the market on the global level. 

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Acknowledging the exponential upsurges, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the global diabetes monitors market will reach USD 17458.1 MN by 2023, registering approximately 8.3% CAGR throughout the forecast period (2017-2023).

Additional factors boosting the market growth include huge research funding in diabetes diagnosis and treatment and rising approval from regulatory bodies. Huge technological advancements and the vast uptake of smart technology drives the growth of the diabetes monitors market. 

On the flip side, factors impeding the growth of the global diabetes monitors market include the high cost associated with these monitors and the stringent FDA approvals & reimbursement policies. Nevertheless, factors such as the increasing demand for these diabetes monitors are expected to support market growth.

Global Diabetes Monitors Market – Segments

MRFR has segmented the report into five key dynamics for an easy grasp;

By Sample: Blood, Sweat, and Urine Samples.

By Type: Point Sample Test-based Glucose Monitors, and Continuous Glucose Monitors (CGM) among others. 

By Component: Lancet, Glucose Test Strips, and Sensors (Enzyme-based and Enzyme-free Sensors) among others. 

By End-users:  Diagnostic Clinics, Hospitals, and Home among others.

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.

Global Diabetes Monitors Market – Geographical Analysis 

North America accounts for the leading position in the worldwide diabetes monitors market followed by the European and Asia Pacific regions, respectively. The region is expected to reach USD 6623.4 MN by 2023. 

Factors substantiating the market growth include the presence of a vast patient population, the leading players, a well-developed technology, and high healthcare expenditure in the region. Moreover, the factors such as the high prevalence of diabetes and support from the companies, private organization, and government associations to improve diabetes care drives the market in the region. 

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Europe holds the next largest share in the global diabetes monitors market, the resurging economy in this region is playing a vital role in the growth of the market by availing the best possible healthcare and increasing the healthcare expenditures. Additionally, government support that encourages manufacturers of diabetes monitors to develop better devices is in turn, fostering the market growth in the region. 

The Asia Pacific region accounts for a profitable market for diabetes monitors. The increasing number of diabetic patients and rapidly improving healthcare sector are positively impacting the market growth in the region. The APAC diabetes monitors market is expected to grow at 8.9% CAGR during the period - 2017-2023.

The spreading awareness among individuals towards the advantages and the availability of these devices drives the market growth in the region. Furthermore, the increasing per capita income alongside the rising healthcare concerns are leading to increasing the market size of the diabetes monitors market. 

Global Diabetes Monitors Market – Competitive Analysis 

The highly competitive, diabetes monitors market appears to be widely expanded and fragmented characterized by the several small and large-scale companies operating the market. Well-established players incorporate strategic initiatives such as acquisition, partnership, collaboration, expansion, and product launch to gain a competitive edge and to maintain their positions in the market. 

Key Players: 

Key players leading the global diabetes monitors market include Abbott Laboratories, Panasonic, Dexcom, Inc., Medtronic, F. Hoffmann-La Roche Ltd, LifeScan, Inc., and Sanofi among others.

Industry/ Innovation/ Related News: 

January 07, 2019 –– InventHelp (USA), an inventor service firm that helps inventors announced the development of a Modified Glucose Monitor - Gluco Display – that provides an easy and effective way to assess blood glucose levels, offering an alternative to traditional glucose monitors. Gluco Display featuring a user-friendly design that is convenient and easy to use could help to reduce pain and discomfort.

January 07, 2019 –– Verily (US), a subsidiary research organization of Alphabet focused on the study of life sciences, and healthcare announced raising of USD 1 BN to support its healthcare to bolster growth in key areas such as investments in new strategic partnerships and potential acquisitions.

Verily also confirmed that it can leverage its partnerships with medical device companies Dexcom, Sanofi, and Sensile Medical to tap into a revenue stream. Verily is planning to develop devices spanning less intrusive blood glucose monitors and "all-in-one" medical-grade insulin pumps. 

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Diagnostic Imaging Services Market -Covid19 Analysis, Report, Demand, Report, news Updates

Diagnostic Imaging Services Market Research Report: by Procedure (Computed Tomography, MRI, X-ray), by Application (Neurology, Oncology, Cardiology), By Service Provider (Diagnostic centres) - Global Forecast Till 2023

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

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.

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.

Company Profiles

• 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
• Others

Intended Audience

• Diagnostic imaging service providers
• Diagnostic imaging devices manufacturers and suppliers
• Contract Research Organizations (CROs)
• Research and Development (R&D) Companies
• Government Research Laboratories
• Independent Research Laboratories
• Government and Independent Regulatory Authorities
• Market Research and Consulting Service Providers
• Academic Institutes and Universities

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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.

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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.