News: Acupuncture Market Size & Share, Trends By Top Companies and Demand

 Growth Prospects

Market Insights

The arrival of technically advanced acupuncture treatments, such as the use of laser and electroacupuncture equipment, is expected to improve the development of the acupuncture market internationally over the anticipated period, asserts Market Research Future (MRFR) in its latest report.

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Market growth is fueled by factors such as the increasing incidence of gynecological conditions such as, pregnancy problems premenstrual syndrome, polycystic ovary syndrome (PCOS), menstrual problems, menopause, infertility, and chronic pain disorders. In addition, the increasing frequency of chronic diseases such as fibromyalgia and migraine, leading to health complications such as insomnia, body aches, and mental disorders, will stimulate the progress of the acupuncture market.

In addition, many notable competitors are involved in the development and production of laser and electro-acupuncture equipment. The growing number of health problems in the elderly, such as sleep disorders, body, and pain, also fueled the development of the market. The rising geriatric population worldwide is expected to affect the acupuncture market during the forecast period. Growing demand for alternative and complementary drugs, such as acupuncture, has strengthened the market financing landscape, which may be an important opportunity for market expansion over the forecast period. Financing from competitors and newcomers to the market is likely to contribute to market growth over the forecast period.

Market Segmentation

The acupuncture market is segmented based on application, end-user, and product and services.

The global acupuncture market is diversified on the basis of products and services. The service segment also includes Japanese acupuncture, cupping, traditional Chinese medicine, auricular, Korean hand acupuncture, moxibustion scalp acupuncture, non-insertion acupuncture, and others. The product segment is also segmented into suction cups, needles, rod lasers, laser needle, and laser pens, electro-acupuncture devices, and more. The needles are subdivided into traditional and modern needles.

The application segment of the global market is classified into gynecological disorders, pain syndrome disorders, mental illness, and others. Pain syndrome diseases dominate the market with largest share of 33.5%.

The end-user segment of the market is segmented into specialized hospitals and clinics, wellness centers, and academic and research institutions. The wellness center is predicted to influence the global acupuncture market due to a large number of wellness centers involved in acupuncture therapies and the growing preference for acupuncture as alternative medicine.

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Regional Outlook 

Regional market analysis indicates that the European region should dominate with the largest share of the global acupuncture market and should grow with a 13.53% CAGR over the forecast period. The development of the market is related to the growing number of chronic diseases and the growing preference for acupuncture treatments among the European population. In addition, the existence of major competitors in the market contributes significantly to market growth in the region. In addition, increasing insurance coverage in countries such as Austria, France, Spain, and other private companies will provide promising results in market growth in the European region.

The Asia Pacific region is probably the fastest-growing region in the acupuncture market in the world and is predicted to spur with a compound annual growth rate of 15.02% during the assessment year. In addition, the growing number of companies producing acupuncture products and the increasing prevalence of chronic diseases are leading the market growth in this region.

Market Participants

The players involved in manufacturing the necessary devices and equipments both, traditional and modern include 3B Scientific GmbH, Asia med GmbH, Qingdao Great Fortune Co. Ltd, Zepter International, AcuMedic Ltd, Kanson, SEIRIN Corporation, MKW Lasersystem GmbH, Cymedics GmbH & Co. KG, schwa-medico GmbH, and Wuxi Jiajian Medical Instruments Co.

Recent Updates

In a study performed by the researchers from South Medical University, the drug therapy and acupuncture were combined while treating the patients. The combinational outcome of the acupuncture and drug were fruitful in contrast to patients who were treated only with drug injections.

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News: Retinal Implants Market Forecast to 2025

 Retinal implants have proven its mettle as a breakthrough therapy in the treatment of visual impairment. The global retinal implants market is perceived to be growing at a recurring rate and is expected to reach high revenue figures in the coming years, as per the analysis of Market Research Future (MRFR).  The global retinal implant market has been flourishing on account of the widespread prevalence of eye disorders across the globe. Growing cases of retinal disorders have induced high demand for retinal implants since they aid in the restoration of vision. Retinal implants have demonstrated significance for application in eye disorders which were once far-off impossible to achieve. The fact that these devices can be implanted with minimally invasive procedures has added to its popularity and driven the market. The rise in geriatric population is a crucial factor driving the growth of the retinal implant market. Owing to various health insufficiencies, the aging population is more susceptible to acquiring visual impairment and require retinal implant.

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Substantial investment in R&D activities by various medical device manufacturers and governments have led to the development of advanced retinal implants which can be successfully implanted in patients. Extensive clinical trial activities have also contributed to the growth of the market. Few retinal implants have already cleared clinical trials, and many more are underway which is expected to spur the market in the future. In addition, the rise in a number of FDA approvals has been a plus for the growth of the global retinal implants market.

A large number of retinal implants are due for approval and patent from various regulatory authorities, the market stores opportunities for expansion. Also, expected expansion in reimbursement coverage for retinal implants is also expected to augment the market in the coming years. Other driving factors include the rise in the prevalence of degenerative diseases and raising awareness regarding the availability of the device which raises adoption. However, lack of skilled medical professionals with adequate knowledge of performing surgery and stringent and complex FDA approval process remains a significant hurdle for the growth of the global retinal implants market. High costs associated with retinal implants, the risk of biocompatibility and unknown long-term efficacy of the product are also expected to hinder adoption.

Segmentation

The global retinal implants market has been segmented into device type, disease indication, and end user. By device type, the market has been segmented into retina implant alpha AMS, Argus II, implantable miniature telescope, and others.  By disease indication, the market has been segmented into age-related macular degeneration (AMD) and retinitis pigmentosa. By end user, the market has been segmented into multi-specialty hospitals, ophthalmic clinics, and research institutes.

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Regional Analysis

North America, Europe, Asia Pacific, and the Rest of the World are the key markets for retinal implants. North America accounts for a substantial share of the global market. Higher availability of the product, improving reimbursement scenario and higher affordability in the region supports the growth of the North America market for retinal implants. Presence of highly skilled surgeons to perform immensely complex surgical procedure also accelerates adoption in the region.

In Europe, the market is driven by an increase in R&D activities and the expansion of clinical trials.

Presence of developing countries such as India, China, and Japan, who outlay massive amounts on healthcare expenditure, coupled with growing disposable income and affordability supports the growth of the market in Asia Pacific.

Rest of the World market is expected to fare well in the coming years since various market players are foraying into the untapped regions to leverage the potential they offer for market expansion.

Competitive Landscape

Second Sight Medical Products, Inc.; Retina Implant AG,  VisionCare, Inc., Bionic Vision Australia (BVA), Bionic Eye Technologies, Inc., and Visus Technology, Inc. are the key players operating in the global retinal implants market.

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

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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Non-Alcoholic Steatohepatitis Biomarkers Market Global Trends, Growth Factors, Analysis by Top Companies and Forecast

 Covid19 Impact on Non-Alcoholic Steatohepatitis (NASH) Biomarkers Global Market 2020- Growth factors, Demand, Current Scenario, Size, Share Investment, Business Opportunities and Challenges

 Non-Alcoholic Steatohepatitis (NASH) Biomarkers Global Market Overview

NASH biomarkers are helpful in the identification of liver damage and the severity of the disease. Non-alcoholic steatohepatitis (NASH) is a kind of non-alcoholic fatty liver disease (NAFLD). This disease leads to risks as dangerous as liver failure. Non-alcoholic steatohepatitis biomarkers global market is projected to grow at nearly 21% rate annually. Growth of this market has seen significant growth. It can arise in future due to the absence of tests for NASH treatment, the rapid increase in related patients, demand for non-surgical procedures and increasing awareness. Governments & non-profit groups are spreading the awareness and are investing in research programs, resulting in the spread of NASH biomarkers market.

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This disease has affected a large population worldwide, and the efforts to search for diagnose has gained pace in the same period. On seeing this, numerous amounts are being invested in research & development programs by governments and other authorities. Now it has become necessary for companies to keep their eyes and ears open to reach for any advancement, as any cure found can help them in gaining hefty profits and the demands would be high at initial stages.

Apart from all these factors, there are some constraints faced by the industry. At present, the treatment cost of NASH biomarkers is quite high, which makes it far away from sight for economically weaker sections of the society and struggling economies. Also, the rules and regulations established by the authorities are holding back the growth of this industry

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Market Segments of Non-Alcoholic Steatohepatitis (NASH) Biomarkers

NASH biomarkers global market has two segments:

Types: Hepatic fibrosis biomarkers, apoptosis biomarkers, oxidative stress biomarkers and other are some types of biomarkers available.

End-Users: Pharma and CRO (contract research organisation) industries, hospitals, diagnostic laboratories and others are some types of biomarker users.

Non-Alcoholic Steatohepatitis (NASH) Biomarkers Global Market Regional Overview

There are four major global NASH markets in America, Europe, Asia Pacific and The Middle East & Africa.

On seeing the market trends, the American region is projected to lead the global market. Factors like the rising occurrence of related diseases, governmental initiatives for awareness & development and already established developed healthcare with increasing demands are responsible for such massive growth in this market. Europe is in second place due to the same features mentioned above.

Asia Pacific market will show moderate growth due to rising population, developments & efforts made for better health infrastructure, the increase in the number of patients and large population. Authorities here are making efforts to fight such conditions and hence increasing the market share and new possibilities.

The Middle East and African region will maintain its slow growth due to struggling healthcare facilities, high implementation costs and limited awareness.

Non-Alcoholic Steatohepatitis (NASH) Biomarkers Global Market Key Players

The prominent players in the global non-alcoholic steatohepatitis biomarkers market are BioPredictive (France), Celerion (US), Cisbio (France), Echosens (France), Enterome (France), GENFIT (France), Laboratory Corporation of America Holdings (US), NGM Biopharmaceuticals (US), One Way Liver, SL (Spain), Pacific Biomarkers (US), Prometheus Laboratories Inc (US), Perspectrum Diagnostics Ltd (UK), Quest Diagnostics, Regulus Therapeutics, Inc. (US), Siemens Healthineers (Germany), Shenzhen New Industries Biomedical Engineering Co., Ltd (China), and Xeptagen SpA (Italy)

Recent Industry News

American region will lead the market with maximum cover during the entire projected period. To gross maximum profit and market share, there is a need to continually work on finding new alternatives with less potential threats as the rules and regulations offered are becoming harsh and narrower with time. Apart from the investments and efforts of the authorities, the industry itself needs to search for better diagnostic measures.

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Analysis Report : Mitochondrial Disease Therapies Market Size, Trends, Report and Global Growth

 

Overview:

In Mitochondrial myopathy, the mitochondria are affected which leads to symptoms such as muscle weakness, muscle cramping, low immunity, poor balance, and fatigue. Mitochondrial myopathy interferes with the functioning of the muscles and might also affect the functioning of other organs. At present, there is no curative therapy for mitochondrial myopathy. As per the analysis of Market Research Future (MRFR), the global mitochondrial myopathy market is expected to exhibit an upswing and attain USD 33.6 Mn at a CAGR of 9.82% by the end of the forecast period of 2017-2020.

The growth in the global Mitochondrial Disease Therapies Market can be attributed to various factors. The spiraling rise in the incidence rate of mitochondrial myopathy is a key factor in boosting the growth of the market. As per the Australian Mitochondrial Disease Foundation (AMFD), about one in 5,000 people are likely to develop a significant mitochondrial disease. A growing number of mitochondrial myopathy cases generate massive demand for diagnosis and treatment which is well complemented by the rise in a number of screening services. Higher awareness regarding the disease has led to the development of various screening methods. Government support in the form of funding and incentives for rare genetic diseases has promoted the growth of the market. In addition, rigorous R&D activities aimed at developing therapies and treatments for mitochondrial myopathy have encouraged the growth of the market. Furthermore, a growing number of clinical trials to develop effective drugs for the disease along with the rise in a number of FDA approvals for novel drugs and therapies have proven to be beneficial for the growth of the market. On the downside, the growth of the market might be met by various bottlenecks. Lack of proper curative treatment and poor treatment options remain a major hurdle for the market growth. Due to low awareness, the diagnosis of the disease remains considerably low, especially in the developing and underdeveloped countries. Besides, the rare nature of the disease and high cost of drug development along with high investment risk remain major challenges to the growth of the market. Nevertheless, faster market uptake and low marketing cost are likely to present growth opportunities to the global mitochondrial myopathy diagnosis & treatment market.

Segmentation

The global mitochondrial myopathy diagnosis & treatment market has been segmented based on type, diagnostic tests, and therapy.

By type, the global mitochondrial myopathy diagnosis & treatment market has been segmented into neuropathy, mitochondrial encephalomyopathy, lactic acidosis, and stroke-like episodes (MELAS), progressive external ophthalmoplegia (PEO), Pearson syndrome, Leigh syndrome, ataxia, mitochondrial DNA depletion syndrome (MDS), Retinitis pigmentosa (NARP), Kearns–Sayre syndrome (KSS), myoclonic epilepsy with ragged red fibres (MERRF), mitochondrial neurogastrointestinal encephalopathy syndrome (MNGIE). The MELAS is the largest segment and is foreseen to capture a CAGR of 19.39% during 2017-2020.

By diagnostic test, the global mitochondrial myopathy diagnosis & treatment market has been segmented into genetic tests, muscle biopsy, and biochemical test. The genetic tests segment was the largest segment in 2016 and is projected to grow at a CAGR of 10.11% over the forecast period.

By therapy, the global mitochondrial myopathy diagnosis & treatment market has been segmented into supportive therapy and targeted therapy. The supportive therapy segment held the largest market share in 2016 and is projected to capture a CAGR of 9.82% over the forecast period.

Regional Analysis

By region, the global mitochondrial myopathy diagnosis & treatment market has been segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

The Americas dominate the global market on account of favorable reimbursement landscape and high healthcare expenditure. The region has a general propensity to adopt new technologies earlier as compared to other regions which are an advantage for the growth of the Americas market. The Americas mitochondrial myopathy diagnosis & treatment market is anticipated to reach USD 116.7 Mn at a CAGR of 19.39% by the end of the forecast period of 2017-2020.

Europe is the second largest market for mitochondrial myopathy diagnosis & treatment spurred by high disposable income and surging awareness in the region.

The APAC mitochondrial myopathy diagnosis & treatment market is expected to reach USD 4.4 Mn at a CAGR of 9.94% by the end of the forecast period.

The MEA market is led by the Gulf nations of Saudi Arabia and UAE. The Africa region is expected to showcase moderate growth due to poor economic condition prevailing in the region and low healthcare penetration.

Competitive Landscape

The notable players in the global mitochondrial myopathy diagnosis & treatment market include Stealth Biotherapeutics, Khondrion BV, NeuroVive Pharmaceutical AB, Reata Pharmaceuticals Inc., GeneDx, Mitobridge, Centogene AG, and Ixchel Pharma.

Industry Updates

In January 2019, Stealth Bio Therapeutics announced selling USD 86.25 of its common stock in an IPO for advancing drug candidates for the treatment of mitochondrial-based conditions. The finding will support the development of drugs to treat mitochondrial dysfunction.

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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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Worldwide Analysis on Ligation Devices Industry Trends, Global Analysis, Report, Sizing by Industry And Forecast

 Global Ligation Devices Market Report: By Product (Handheld Instruments, Accessories), Procedure (Minimally Invasive Surgery, Open Surgery), and Application (Gastrointestinal and Abdominal, Gynecological, Urological Applications)—Global Forecast till 2024

Ligation Devices Market Highlights

As per Market Research Future (MRFR) analysis, the global ligation devices market is estimated to register a CAGR of 6.7% from 2019 to 2024 (forecast period).

Ligation devices are used for closing incisions during surgeries or for connecting separate organ/tissue parts. The number of surgeries and laparoscopic procedures has increased in the last few years. According to the 2017 National Health Statistics Reports published by the Centers for Disease Control and Prevention, 48.3 million surgical/non-surgical procedures were performed in the United States in 2010. It is reported that surgeries are often reimbursed, thereby facilitating a wider pool of patients for producers.

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Ligation Devices Market Dynamics

Favorable reimbursement policies, rising health expenditures, and increasing research and development expenditure are expected to boost the market. As per the GI Endoscopy Coding and Reimbursement Guide published by Cook in 2017, procedures such as endoscopic retrograde cholangiopancreatography (ERCP) are covered by CPT code 43261 with an average facility payment of approximately USD 1.134.02.

However, it is projected that factors such as the high cost of surgery and related side effects would hinder the market growth.

Ligation Devices Market Segmentation

The global market for ligation devices has been segmented based on the product, procedure, application, end-user, and region.

Based on product, the global market for ligation devices has been segmented into handheld instruments and accessories.

Based on the procedure, the global market for ligation devices has been segmented into minimally invasive surgery and open surgery.

Based on application, the global market for ligation devices has been segmented into gastrointestinal and abdominal applications, cardiovascular applications, gynecological applications, urological applications, and others.

Based on the end-user, the global market for ligation devices has been segmented into hospitals & clinics, ambulatory surgical center, and others.

 

Ligation Devices Market Regional Analysis

Regionally, the global ligation devices industry trends has been segmented into the Americas, Asia Pacific, Europe, the Middle East & Africa.

The Americas held the largest market share for ligation devices due to rising health expenditure and the growing prevalence of chronic diseases. As reported by the Centers for Disease Control and Prevention in 2018, coronary heart disease (CHD) has been estimated to be the most common type of heart disease in the U.S. and is expected to cause 370,000 heart disease per year.

Europe held the second position in the global market for ligation devices in 2018. It can be due to growing awareness, government funding, the production of technologically advanced medical devices, and the rising number of surgeries. However, stringent regulation is expected to hinder the growth of the global market for ligation devices over the forecast period.

The Asia Pacific was the fastest-growing region on the global market for ligation devices in 2018. Asia Pacific has an enormous market potential for the market for ligation devices. Factors such as increasing healthcare infrastructure, developing healthcare industries, increasing number of surgeries, and rising medical tourism are driving market growth in the region. Monash University stated that the bariatric surgery burden in Australia was burgeoning in 2015, and roughly 15,000 surgical procedures were carried out in the region in the same year. Moreover, the emergence of developing economies such as India and China are boosting the market.

The Middle East and Africa have had the least market share in the global market for ligation devices. Factors such as the existence of poor economies and low per capita income, particularly in the African region, make the market lag within the region. It is projected that the Middle East holds most of the regional market due to increased government funding in the healthcare sector and the presence of developed economies such as the United Arab Emirates, Saudi Arabia, and others.

Ligation Devices Market Key Players

Some of the significant participants in the global ligation devices market are Medtronic, Johnson & Johnson, Conmed Corporation, Teleflex Incorporated, B. Braun Melsungen AG, Olympus Corporation, Applied Medical Resources Corporation, The Cooper Companies, Inc., Grena Think Medical, Genicon, Inc., and others. 

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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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Worldwide Trends on Global Lab on a chip market Size, Growth, Research Report And Forecast

Lab-on-a-chip is a nascent technology and has been gaining much popularity over recent years. It enables the integration of one or more lab processes on a single integrated chip, which measures in millimeters to a few squares. Market Research Future (MRFR) has offered the latest report which unfolds that the global lab-on-a-chip device market is poised to demonstrate a robust CAGR of 10% across the projection period 2018 to 2023.

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The extensive use of the chip is the medical science field is likely to drive the market’s growth in the subsequent years. It facilitates convenient sample handling, which further helps in effective diagnosis of infectious diseases. In addition, it also makes the results available in the minimum time. These factors are expected to increase the demand for the product in the years to come. Hence, the report asserts that the global lab-on-a-chip device market is set to have a lucrative future trajectory for the next few years.

The device has also found a major application in research & development purposes owing to its key properties such as automated biochemical assays, easy portability, and convenient huge sample handling provision. Increasing investments in research & development are anticipated to aid expansion of the lab-on-a-chip device market in the years to come.

The rising research on biosensors and biomarkers are also prognosticated to have a favorable impact on the proliferation of the lab-on-a-chip device market in the forthcoming years. Increasing deaths due to cancer has attracted massive investments for biomarkers and biosensors research. It is poised to open new avenues of growth for the market players over the next few years. On the contrary, the middle-income countries are not well-aware of the uses of the device and are anticipated to exhibit limited market growth. Also, the high purchasing cost of the devices is projected to undermine the growth pace of the lab-on-a-chip device market in the foreseeable future.

Drivers and Restraints:

Quick sampling and precise results, within a very short span of time, can solve problems such as drug wastage, and drug resistance. This also enables patients to have a timely diagnosis and ensures enough time to start the necessary medical procedures. LoC offers optimization of the process and gains traction in the process enough to enjoy accolades from the various corners of the medical sector. 

LoC is experiencing popularity in diagnosing various infections and chronic diseases along with multiple tests of diverse disciplines such as Botany. Factors that are airing the demand for LoC are its portability, automated sample handling, and easy configurability. Also, the microfluidic LoC has the potential to revolutionize the biomedical field.

However, a few factors can impede the market growth such as high initial cost and lack of awareness in countries with people mostly belonging to the middle-income group. But LoC is slowly becoming an integral part of the diagnosing procedure which can marshal the market to overcome such irritants.

Industry Trends:

A Scotland based company uFraction8 Ltd. has recently come up with a microfluidic-based filtration system which is an essential part in remodeling the LoCs. Other innovations are also startling and can revolutionize the segment by taking the practice some light years ahead. Researchers from the Brigham Young University have now developed a technology that can 3D print LoC.

Segmentation:

The global Global Lab on a chip market can be segmented by product, technology, application, and end-user. 

Product-wise, the market includes instruments, reagents & consumables, software, and others. Researchers from Biozentrum of the University of Basel and Max Planck Institute in Dresden have set up a LoC along with automatic analysis software that can study single cell responses. 

Based on application, the market comprises genomics, proteomics, the point of care diagnostics, drug discovery and others. LoC has revamped genomic field of study by taking down the time of detection by a considerable margin. Researchers from Griffith University’s Queensland Micro and Nanotechnology Centre have discovered new ways to screen drugs by using LoC that would reduce the drug testing time considerably.

By end-user, the market consists, hospitals and clinics, biotechnology and pharmaceutical companies, forensic laboratories, diagnostics centers, and academic & research institutes.

Regional Analysis:

Region-wise the market covers the Americas, Europe, the Asia Pacific (APAC), and the Middle East & Africa (MEA).

The Americas are leading the market owing to their huge expenditure in molecular biology and genetic engineering to counter infectious diseases. Genomic and proteomic researches are also spurring the demand for such technology and accordingly LoC is getting significant funds from various organizations. Its precision in diagnosis and ability to handle multiple samples simultaneously are also proving effective for chronic disease treatment. 

Europe is the second largest market due to its flourishing medical device market and favorable government initiatives that are funding researches. Growing per-capita income of individuals is also proving to be a significant factor.

The APAC is expected to be the fastest growing region as it has a huge patient pool suffering from diverse kind of chronic and infectious diseases. Also, the region is adopting the latest technologies. Governments are promoting favorable market conditions due to which a lot of international players are setting up their factories and laboratories in this region.

The MEA is expected to register a meager market share as the region lacks awareness and proper facilities. The United Arab Emirates holds the largest market share as it has adequate healthcare facilities and the economic status of the citizens. 

Market Dashboard:

The competitive market is banking much on research & developments and merger & acquisitions. For instance, Becton-Dickinson and Company have recently acquired C. R. Bard to expand their portfolio. Agilent Technologies has also acquired Advanced Analytical Technologies, Inc. in a bid to explore much of electrophoresis space. 

Key companies that are playing contributing the most in the market are Becton-Dickinson and Company, Agilent Technologies, Inc., Danaher Corporation, Bio-Rad Laboratories, Abbott Laboratories, Hoffmann-La Roche AG, PerkinElmer, Inc., IDEX Corporation, Thermo Fisher Scientific, Inc., Cepheid Inc., Biacore AB, and others.

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Trending Topics: Dietary Supplements in the Age of Personalized Nutrition Market Size, Trends, Technology Demand and Report

 Dietary Supplements in the Age of Personalized Nutrition Market Information: Product Category (Vitamins, Herbs & Botanicals, Others), Application (Lifestyle Diseases, Inherited Disease and Others), Gender, Dosage Form (Tablets, Capsules, Others) and End-User – Global Forecast Till 2023

Market Synopsis:

The global market for dietary supplements is capitalizing on the fitness revolution where more people are embracing a healthy way of life. The Google trends show surge in health related queries in countries which were not much focused towards healthcare before. People are opting for dietary supplements to meet the deficiency of nutrients in their food. Factors such as rise in disposable income, standardization of lifestyle, increased investments by market operators, changing healthcare habits, rising population, increased awareness etc. are key drivers of the growth of the market. Other major factors that are leading to multiplied value of market are assurance of meeting the everyday nutritional requirements of consumers, prevalence of diseases such as, blood pressure, malnutrition, obesity, etc. The rising costs of medical treatments are pushing the consumers to spend towards preventive healthcare. Consumers choose dietary supplements to stay fit and healthy so that they can avoid expensive medical treatments that would have been required otherwise. 

Reports on aging population suggests that the number of people over 60 years will be double by 2050. This is one of the key drives of the dietary supplements market growth as these supplements are elixirs of extended longevity for the senile population that forms a major part of the customer base. The development of nutraceuticals and pharmaceuticals sectors has further expedited the adoption of dietary supplement products.

Factors that might hamper the growth of global dietary supplements market are insufficient knowledge about dosages, side effects of some products, false claims by organizations, etc.

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Increasing incidence of diseases due to sedentary lifestyle and a lack of balanced diet has majorly influenced the growth of the market. According to the World Health Organization (WHO), in 2015, over 17.7 million people died from cardiovascular diseases, representing 31% of all global deaths. According to the same study, it was found that 82% of the total deaths occurred in the low and middle-income countries.  [FURL=https://www.marketresearchfuture.com/reports/global-dietary-supplements-market-5703/]Dietary supplements in the age of personalized nutrition market[/FURL] plays an important role in the treatment of various lifestyle diseases such as atherosclerosis, cardiovascular disease, stroke; obesity and type 2 diabetes due to which there has been an increasing demand for dietary supplements in the age of personalized nutrition. Changing the dietary approaches and switching to therapeutic lifestyle prove effective in the prevention of hypertension and other cardiovascular disorders. Furthermore, many organizations such as the America Heart Association and the National Heart, Lung and Blood Institute have come up with strategic diets to minimize the risks for cardiovascular and other lifestyle related diseases.

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Some of the key players in this market are Nestlé Health Science, Danone Nutricia, Carlyle Group, Amway (Nutrilite), Archer Daniels Midland, Abbott Laboratories, Herbalife International, Amway, Danisco, Glanbia, Bayer AG, GlaxoSmithKline plc, Pfizer Inc., Balchem Corporation, Natures Product Inc., Bactolac Pharmaceutical Inc. and others.

List of Tables
TABLE 1 PRIMARY INTERVIEWS 25
TABLE 2 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, BY PRODUCT CATEGORY 2014-2023 (USD MILLION) 46
TABLE 3 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, FOR VITAMINS, BY REGION 2014-2023 (USD MILLION) 46
TABLE 4 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, FOR HERBS & BOTANICALS, BY REGION 2014-2023 (USD MILLION) 46
TABLE 5 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, FOR SPORTS SUPPLEMENTS, BY REGION 2014-2023 (USD MILLION) 47
TABLE 6 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, FOR MEAL SUPPLEMENTS, BY REGION 2014-2023 (USD MILLION) 47
TABLE 7 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, FOR MINERALS, BY REGION 2014-2023 (USD MILLION) 47
TABLE 8 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, BY APPLICATION 2014-2023 (USD MILLION) 49
TABLE 9 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, FOR LIFESTYLE DISEASES, BY REGION 2014-2023 (USD MILLION) 50
TABLE 10 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, FOR INHERITED DISEASES, BY REGION 2014-2023 (USD MILLION) 50

You Can also read Here !! https://www.medgadget.com/2020/08/dietary-supplements-in-the-age-of-personalized-nutrition-market-to-earn-a-6-90-cagr-in-the-near-future-mrfr.html 

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