Tuesday, 6 October 2020

Global High potency Body Contouring Devices and Procedures Market Industry Size, Growth, Opportunities, Outlook and Forecast 2023

 Market Highlights:

The Global Body Contouring Devices and Procedures Market.  held a market value of USD 2,103 million in 2017 and is projected to grow at a CAGR of 6.6% over the forecast period.Body contouring is a altering the body part by improving the appearance. It involves the removal or transfer of fat to the body.  

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Due to increasing prevalence of obesity across the globe many of the companies are in the race to introduce better treatment for obesity. Companies are using a trend of strategic alliance and acquisition to gain the market and minimize the competition in the market.

Additionally, the growing research and development expenditure by the government as well as private sector is likely to contribute to the market growth. As per the data by the Office for National Statistics, in 2016, the gross domestic expenditure on research and development (R&D) was Euro 33.1 billion (USD 35.2 billion) in the UK. However, the high cost of urgery with advanced technologies may hamper the market growth during the assessment period.

Regional Analysis:

On regional basis, the Americas is anticipated to dominate the global  [URL=https://www.marketresearchfuture.com/reports/body-contouring-devices-and-procedures-market-6935]body contouring devices and procedures market size[/URL]  owing to the growing R&D budgets by both government as well as commercial pharmaceutical and biotechnological companies and increasing adoption of advanced technologies in the region.  Europe is expected to hold the second largest position in the global body contouring devices and procedures market owing to the presence of strong academic & research base and availability of funding for research in the European countries. Asia Pacific has served an opportunity for developing body contouring market in this region due to increasing demand for the better treatment and devices and increasing prevalence of disease like diabetes and obesity. The Middle East & Africa has the least share of the global body contouring devices and procedures market. Moreover, the major market share of the region is expected to be held by the Middle East region owing to the increasing government initiatives for the healthcare sector.

Segmentation:

The global body contouring devices and procedures market has been segmented into type, procedure, and end user. By type, the market has been segmented into non-invasive & minimally invasive devices and invasive devices. The non-invasive & minimally invasive devices segment is estimated to hold major market share in the global body contouring devices and procedures market due to the huge investments by major market players for the development of advanced technologies and equipment.

Based on procedure, the market has been segmented into non-surgical skin resurfacing, non-surgical skin tightening, cellulite treatment, liposuction, and others. The market, by end user, has been segmented into hospitals & clinics, research institutes & Organization, and others.

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Key Players:

Some of the prominent players in the global body contouring devices and procedures market are Cynosure, Inc., Alma Lasers, Alleragan, Syneron Medical Ltd, Bausch Health Companies, Inc, Lumenis, Merz Pharma GmbH & Co., Palomar Medical Technologies Inc., Sound Surgical Technologies LLC., Zeltiq Aesthetics, Chromogenex Technologies LTD, UltraShape Ltd, Fotona, Misonix Inc., Medicis Pharmaceutical Corporation, Sientra Inc., Invasix Ltd, Erchonia Inc, Lutronic.

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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 Analysis On AI in drug discovery Market (2020-2023)

 

The AI in drug discovery market is growing continually. Artificial intelligence technology has the potential to revolutionize the pharmaceutical sector and open whole new avenues for technology providers. Resultantly, the adoption of the AI technology to boost efficiency and throughput in clinician workflow is rising steadily. Moreover, the growing applications of AI technology in various drug discovery and development process escalate the market demand to furthered height. 

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According to Market Research Future (MRFR), the global AI in drug discovery market is poised to create a valuation of USD 2,015.1 MN by 2025, registering a massive 40.8% CAGR throughout the predicted years (2019 – 2025). Recent COVID 19 pandemic is projected to boost the size of the market. AI and machine learning integration in discovery and development applications are increasing to expedite drug development processes. 

Also, substantial investments made into AI business are projected to boost the market growth. AI integration minimizes the risk of adverse reactions during trials, reduces the drug discovery timeframe, and, most importantly, reduces drug development costs. Machine learning and other AI tools have a vast potential to make the discovery of new pharmaceuticals faster, cheaper, and more productively. As a result, major pharma companies are increasingly using AI technology for drug discovery. 

Moreover, rising numbers of start-ups operating in the AI spectrum drug discovery foster market growth. Simultaneously, increasing numbers of cross-industry partnerships formed to achieve improvements in drug development outcomes drive the growth of the market. On the other hand, high costs associated with AI integration are a major factor estimated to hamper the market growth. Also, the lack of adequate infrastructure in low economic countries obstructs the growth of the market. 

AI in Drug Discovery Market – Segments

The report is segmented into seven dynamics;

By Product Type    : Services and Software.

By Molecule Type: Large and Small Molecules.

By Technology       : Machine Learning, Deep Learning, and others.

By Indication          : Immuno-oncology, Neurodegenerative Diseases, Cardiovascular Diseases, Metabolic Diseases, and others.

By Application       : Target Identification, Candidate Screening, De novo Drug Designing, Drug Optimization & Repurposing, Preclinical Testing, and others.

By End-User            : Pharmaceutical & Biotechnology Companies, Research Centers and Academic & Government Institutes, Contract Research Organizations, and others.

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

 

AI in Drug Discovery Market – Regional Analysis

North America dominates the global AI in drug discovery market. Market share attributes to the increasing prevalence of chronic diseases and high healthcare expenses. Moreover, the recent COVID 19 pandemic is estimated to increase the size of the regional market. Besides, factors such as the presence of growing numbers of big AI platform developers and a well-developed healthcare sector in the region allow rapid market growth.

Increasing adoption of top AI platforms, including Google AI, Microsoft Azure, and TensorFlow by major pharma companies in drug discovery processes, boost the regional market growth. Moreover, increasing demand for Artificial Intelligence technologies from key pharmaceutical companies such as AbbVie, Genentech, Eli Lilly and Company, and Amgen, among others, drive the growth of the market.

Europe stands second in the global AI in drug discovery market. Market growth is driven by the increasing R&D activities in the pharma sector and the high demand for AI solutions by drug development companies. Top pharma companies in the region form strategic partnerships with international AI service providers to expedite their drug discovery process, which, in turn, boosts the market growth. The UK, Germany, and France are the major growth contributors to the regional market.

Additionally, substantial R&D investments and increasing government funding in the development of AI technology foster regional market growth. Furthermore, the recent COVID 19 epidemic is estimated to increase the size of the regional market. Besides, strategic deals between the UK government and industry players are expected to increase AI research investments. The European AI in the drug discovery market is projected to create a substantial revenue pocket.

The Asia Pacific AI in drug discovery market is estimated to become the fastest-growing market. Factors such as the increasing demand for effective drug discovery solutions and rapidly growing pharmaceutical sectors in the region drive market growth. A number of start-ups in the region are working to integrate AI applications in drug discovery Market. It is predicted that the adoption of AI technologies in mainstream drug discovery protocols will take place in the future. With their increasing numbers of AI platform companies, countries like India and China contribute significantly to the regional market growth.

AI in Drug Discovery Market   - Competitive Analysis

The global AI in drug discovery market appears fiercely competitive & fragmented due to the presence of numerous well-established players. To gain a larger competitive advantage in the market, these players incorporate strategic initiatives such as mergers & acquisitions, collaborations, technology launch, and expansion. Also, AI drug discovery companies make substantial investments to R&D and drive clinical studies.  

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Major Players: 

Players leading the global AI in drug discovery market include Microsoft Corporation, IBM Corporation, Alphabet Inc., Atomwise, Inc., Deep Genomics, Cloud Pharmaceuticals, Inc., Insilico Medicine, BenevolentAI, Exscientia, Cyclica, Bioage, Numerate, Numedii, Inc., Envisagenics, Twoxar, Incorporated, Owkin, Inc., Xtalpi, Inc., Verge Genomics, and Berg LLC, among others. 

Innovation/Industry/Related News:

June 01, 2020 ---- Syntekabio Inc. (South Korea), a bioinformatics venture firm and AI drug Development Company, announced the identification of a respiratory disease drug as a potential COVID19 therapeutics. The crystal structure of SARS-CoV-2’s 3CL protease (Mpro) is the main viral protease that plays a crucial role in viral gene expression and proliferation of the SARS-CoV-2 virus. As soon as this structural information became available, Syntekabio commenced AI screening using its proprietary AI platform DeepMatcherTM and supercomputer. The company screened 3,000 approved drugs and identified potential COVID-19 therapeutics.

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Kidney Dialysis Equipment Market 2020 | trends

 Kidney Dialysis Equipment Market Overview

Worldwide kidney dialysis equipment market is likely to accrue USD 16.5 billion over the forecast period 2018-2023. The market has been expected to expand at 5.7% CAGR during 2018-2023. Chronic kidney disease or CKD is a chronic condition which critically affects a patient’s life quality. Kidney dialysis is the most preferred cure for serious conditions where both the kidneys of a person is damaged. However, this treatment is also sporadically used for curing patients with a single damaged kidney. On average, the kidney of a fit person filters about 150 quarts of blood per day. When the kidney fails to perform efficiently, the waste automatically gathers in the blood resulting in coma and even death. In such cases, dialysis acts as the savior. It prevents the waste and toxin products formation in the blood. Dialysis acts as an artificial kidney that finds wide application in filtering the patient’s blood during kidney damage, kidney dysfunction, kidney failure, and for eliminating surplus impurities from kidneys. Improved healthcare infrastructure, growth in the prevalence of dialysis patients, loss of appetite resulting weight loss, embracing updated technologies in dialysis, adoption of sedentary lifestyle, increasing acidosis, heart failure, and surging number of ESRD (End Stage Renal Disease Patients) drive the kidney dialysis equipment market to a great extent. Additionally, cost-effective portable dialysis device, rapidly growing geriatric population, rising frequencies of diabetes and hypertension issues and preference for dialysis over kidney transplantation. However, the risks and difficulties involved, soaring cost of dialysis procedures, rules and regulations pertaining to dialysis, costly cures, and time consumption are likely to propel the growth of the kidney dialysis equipment market over the forecast period.

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Kidney Dialysis Equipment Market Segmentation

The worldwide kidney dialysis equipment market has been segmented based on apparatus type, end-user, and type.

Based on apparatus type, the kidney dialysis equipment market has been segmented into peritoneal dialysis device, consumables, hemodialysis apparatus, and continuous renal replacement therapy systems. The hemodialysis equipment has been sub-segmented into tunneled hemodialysis catheters, vascular access devices, bloodline system, solutions, filters, concentrates, dialyzers and hemodialysis machine. The peritoneal dialysis equipment has been sub-segmented into dialyzers, filters, concentrates, solutions, and automated peritoneal dialysis devices. Of these, the hemodialysis equipment market is likely to hold the major market share.

Based on end-user, the kidney dialysis equipment market has been segmented into home care, ambulatory services, hospitals, and in-center dialysis settings.

Based on type, the kidney dialysis equipment market has been segmented into peritoneal dialysis, hemodialysis, and Continuous Renal Replacement Therapy (CRRT). Hemodialysis has been sub-segmented into short daily hemodialysis, conventional hemodialysis, and nocturnal hemodialysis. The Peritoneal dialysis has been sub-segmented into Continuous Cycling Peritoneal Dialysis (CCPD), Intermittent Peritoneal Dialysis (IPD), Tidal Peritoneal Dialysis, and Continuous Ambulatory Peritoneal Dialysis (CAPD).

Kidney Dialysis Equipment Market Regional Analysis

Geographically, the kidney dialysis equipment market has been segmented across Europe, North America, Middle East and Africa, and Asia Pacific. North America has been anticipated to dominate the market owing to the growing prevalence of kidney failure, hypertension, increasing cases of diabetes and surged reusable income within the population. Europe represents the second largest market owing to progressive medical compensation and advanced organizations. The kidney dialysis device market in APAC possess an unparalleled market prospect on account of the growing instances of kidney failure, rise in disposable income, low rates of organ transplantation, and prevalence of aged population. The Middle East and Africa have minimal share in the global kidney dialysis equipment market owing to low per capita income and stringent government policies.

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Kidney Dialysis Equipment Market Key Players

The global kidney dialysis equipment market has been dominated by key players such as Teleflex Incorporated, Hemoclean CO., LTD, Terumo Corporation, Rockwell Medical, Asahi Kasei Medical Co., Ltd. (A Subsidiary of Asahi Kasei Corporation), Nxstage Medical, Inc., Mar Cor Purification, Inc. (A Cantel Medical Company), Nikkiso Co., Ltd., Diaverum Deutschland GmbH, Nipro Corporation, Baxter International Inc., B. Braun Melsungen AG, Fresenius Medical Care AG & Co. Ka., and Davita Healthcare Partners Inc.



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Analysis on Home Medical Equipment Market Size & Share

 Home medical equipment refers to devices which can provide assistance to patients within the comfort of their homes. It reduces the duration spent at the hospital and the healthcare costs of an individual. The global home medical equipment market report by Market Research Future (MRFR) takes into consideration the various drivers, challenges, and trends and its estimated growth and return rates for the period of 2019 to 2025 (forecast period). The outbreak of the COVID-19 pandemic and its impact on the industry is been discussed at length in the report.

Market Scope

The global home medical equipment market is expected to cross USD 36,189.9 million by 2025 It can reach this benchmark at a CAGR of 5.9% over the forecast period. Technological advances in home medical equipment and awareness among the populace are major factors driving market demand. The transition from conventional healthcare models to home healthcare can bode favorably for the market. Lack of hospital beds due to the outbreak of the COVID-19 pandemic has led to procurement of hospital equipment for home healthcare and will be beneficial to hospital equipment manufacturers.

Introduction of insurance policies covering home medical equipment rental costs is expected to be lucrative for market players. Prevalence of chronic diseases and rise in healthcare costs can drive people’s preference towards home healthcare.

But concerns pertaining to patient safety can hamper the market growth.

Segmentation

The global home medical equipment market has been segmented by functionality and end user.

Based on functionality, the market has been segmented into mobility assist & patient support equipment, patient monitoring equipment, and therapeutic equipment.

On the basis of end user, the market has been segmented into home care settings, emergency clinics, hospitals, and others. Hospitals are estimated to be the biggest end user of the global home medical equipment market due to increased budget for healthcare in these units, establishment of hospitals, and government initiatives for encouraging home healthcare for reducing burden on nations.

Regional Analysis

Based on the regions, the global home medical equipment market is segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

The Americas is the largest regional market driven by technological advancements, increasing prevalence of chronic diseases such as diabetes, cancer, etc., and preference of home care is projected to boost the market growth in this region. Moreover, presence of mobile applications for consulting with physicians from the comfort of the homes of patients can bode well for the global home medical equipment market.

Europe is expected to register a massive share of the global market due to the increasing public awareness of home medical equipment. Rise in the prevalence of chronic disorders, a sizeable patient pool, and disposable income levels are factors expected to drive the regional demand.

APAC is the fastest-growing regional market due to a surge in the number of the elderly. Susceptibility of the elderly and the lack of beds in private and public hospitals combined with the burden on the healthcare sector can drive market demand. An increasing need for affordable healthcare delivery systems is also expected to boost the adoption of home medical equipment. The growth potential in emerging economies of China, India, Malaysia, Indonesia, and Australia are expected to provide numerous opportunities for market expansion during the forecast period.

On the other hand, the MEA held the smallest market share owing to limited healthcare infrastructure and lack of awareness about home medical equipment.

Competition

GE Healthcare, Invacare Corporation, Medline Industries Incorporated, Arkray Incorporated, Philips Healthcare, Abbott, Hoffmann-La Roche Ltd, Omron Corporation, Carefusion Corporation, Stryker, Resmed Corporation, and Smiths Group PLC are key players of the global home medical equipment market.

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Cell Harvesting Market: Increasingly connected Home healthcare applications

 Market Scenario

The worldwide cell harvesting market is likely to develop substantially over the forecast period. The market is estimated to record a CAGR of 8.75% with an approximate market value of USD 209.5 million over the forecast period 2018 to 2023. The term cell harvesting is generally used with reference to stem cells. Stem cells are primitive cells that have the capacity to develop into different cell types. There are various types of stem cells that are segmented by their ability to differentiate and origin. Bone marrow transplantation is an instance of a stem cell therapy that has gained wide acceptance worldwide. Cell harvesting is done by separating the cell culture from the growing medium, involving methods such as microfiltration, depth filtration, and centrifugation. 

You can Also Read @ https://www.medgadget.com/2020/02/cell-harvesting-systems-market-size-growth-trends-share-key-players-statistics-competitive-landscape-regional-analysis-with-global-industry-forecast-2020-2026.html  

Factors such as increase in diseases, increase in chronic infections, rapid growth of the pharmaceutical and biotechnology sectors, and growing research in regenerative medicines are anticipated to boost the market growth. Additionally, the ease of use, cost-effectiveness, development of cell harvester devices, technological advancements, and durability of harvesters, drive the market positively. Key players are leading the market actively with new product launches. However, the complicated functioning of harvesters, collectively with ethical issues associated with embryonic stem cell research may restrict the market growth. Strict government regulations and mandatory licensing norms may also limit the market growth over the forecast period.

Market Segmentation

The worldwide cell harvesting market has been segmented into application, end user, and product type. Based on application, the market has been segmented into stem cell research, biopharmaceutical application, and others. Based on end user, the market has been segmented into research institutes, biotechnology companies, pharmaceutical companies, and others. Based on product type, the market has been segmented into automated cell harvesters and manual cell harvesters. The manual cell harvesters segment is likely to hold the highest share in the market. The automated cell harvesters segment is a rapidly growing segment due to surge in the application of automated technology in devices and increased awareness about the device. 

Regional Analysis

The Americas are likely to dominate the worldwide cell harvesting market owing to an improved healthcare sector and surging healthcare expenditure. In May 2018, data published by the Committee for a Responsible Federal Budget reported that the US expended almost 18% of its Gross Domestic Product (GDP) on health expenditures which amounted to USD 3.5 trillion approximately. Additionally, several players in this region focus on developing new treatment options, making it a lucrative option for the development of market in this region. Europe is likely to hold the second largest position in the global cell harvesting market. Availability of funds for research plays an active role in driving the growth of the market in Europe. The data published by the National Institute of Health Funding (NIHR) in 2016 recorded that funding of EUR 928 million had been announced for new NIHR Clinical Research Facilities (CRF) and NIHR Biomedical Research Centers (BRC) for five years commencing from April 2017. Asia-Pacific is likely to be the fastest growing market owing to the developing economies such as India and China. Plus, the presence of a huge patient population in these regions also drives the cell harvesting market in this region. The Middle East and Africa is known to hold the least share of the market. However, the Middle Eastern market appears promising owing to the increasing government initiatives.

Key Players

The key players in the global cell harvesting market include names such as Avita Medical, ads-tec GmbH, Arthrex, Inc., Argos Technologies, Inc., connectorate, Bertin, hynoDent AG, Cox Scientific, Scinomix, Teleflex Incorporated, Terumo Corporation, and PerkinElmer Inc.

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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.

Contact:

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


Trends On Cataract Surgery Devices Market

 The global cataract surgery devices market is expected to exhibit a strong 5.5% CAGR over the forecast period from 2016 to 2022, according to the latest research report from Market Research Future (MRFR). The global cataract surgery devices market is profiled in great detail in the research report, providing readers with a comprehensive overview of the market through its historical growth trajectory, present conditions, and future growth prospects. The historical stats of the cataract surgery devices market are detailed in the report, in order to provide readers with a complete overview of the market’s historical growth trajectory. The historical stats provided in the report also give analysts a solid platform to base future projections about the market. Based on this platform, future projections for the cataract surgery devices market’s growth trajectory over the forecast period are provided in the report. The leading players in the global cataract surgery devices market are also profiled in the report in order to give readers a comprehensive analysis of the leading players in the global cataract surgery devices market. The major drivers and restraints affecting the global cataract surgery devices market are also profiled in the report to provide readers a comprehensive overview of what’s making the market tick and what is holding the market back.

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Cataract surgery devices are used to correct cataracts. The growing prevalence of cataracts around the world is likely to be a major driver for the global cataract surgery devices market over the forecast period. Cataract surgeries are becoming increasingly common in developed as well as developing countries, as awareness about cataracts is increasing at a rapid rate. The increasing use of advanced technology in cataract surgery devices is also likely to be a major driver for the global cataract surgery devices market. Technological advancements in cataract surgery devices are mainly related to making cataract surgery devices more comfortable for patients, as the eyes are highly sensitive organs and react to even the slightest irritations. The increasing demand to enhance patient comfort during and after surgeries is likely to remain a major driver for the global cataract surgery devices market over the forecast period. 

The growing geriatric population around the world is also likely to be a major driver for the global cataract surgery devices market over the forecast period. The elderly often face troubles regarding the eyes, as with age, the muscles and other parts around the eyes become weaker and may become prone to disease. The growing prevalence of diabetes is also likely to be a major driver for the global cataract surgery devices market over the forecast period, as diabetes often increases the risk of eye disorders such as cataracts. 

Cataract Surgery Device Market Competitive Leaderboard:

Leading players in the global cataract surgery devices market include STAAR Surgical Company, NIDEK Co. Ltd., Bausch & Lomb Inc., Allergan Inc., Opcon Corporation, Essilor International SA, Carl Zeiss Meditech AG, Abbott Laboratories, and Alcon Inc. 

Cataract Surgery Device Market Segmentation:

The global cataract surgery devices market is segmented on the basis of device type, end user, and region. 

By device type, the global cataract surgery devices market is segmented into intraocular lens, ophthalmic viscoelastic devices, phacoemulsification equipment, and femtosecond laser equipment. The intraocular lens segment held 79% of the global cataract surgery devices market in 2015 and is likely to remain the leading segment over the forecast period due to the high efficacy of intraocular lenses in correcting cataracts. 

By end user, the global cataract surgery devices market is segmented into ophthalmology centers, hospitals, clinics, and others. The ophthalmology centers and hospitals segments are likely to dominate the global cataract surgery devices market over the forecast period. 

Cataract Surgery Device Market Regional Analysis:

North America accounts for a share of more than 45% in the global cataract surgery devices market and is likely to remain the major regional market for cataract surgery devices over the forecast period. The Asia Pacific market is expected to grow at the highest growth rate over the forecast period. 

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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.

Contact:

Market Research Future

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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.


Analysis on Swollen Knee Treatment Market: Share, Trends, Size and Forecast

  Global Swollen Knee Treatment Market: By Type (Medications- Corticosteroids, Patient-controlled analgesia pumps, Surgery- Arthrocentesis, Arthroscopy, Knee replacement, and Others), by End-User (Hospitals, Clinics, and Others) – Global Forecast Till 2023

Market Highlights

A swollen knee arises when surplus fluid accumulates in or around your knee joint. It is also called as “water on the knee” and “knee effusion”. A swollen knee may be a consequence of overuse injuries, or trauma, and an underlying disease or condition. According to the American Academy of Orthopedic Surgeons, the total knee replacement surgeries is projected to grow by 3.5 million procedures per year by 2030. The swollen knee treatment market is anticipated to grow due to the rise in geriatric population, obesity, arthritis, and others. Serious complications such as blood clots, knee joint infections can be restraining factors for the growth of the market.

Segmentation

The global swollen knee treatment market has been segmented on the basis of type and end-users. On the basis of type, the market has been classified as medications, patient-controlled analgesia (PCA) pumps, nerve blocks, liposomal bupivacaine, and surgery. The medications have been segmented into opioids and corticosteroids and others. The surgery is segmented into arthrocentesis, arthroscopy and knee replacement. The knee replacement is further segmented into total knee replacement, unicompartmental knee replacement, and others. On the basis of end-users, the market has been classified as hospitals, clinics, ambulatory surgery centers, and others.

Key Players

Some of the key players in the global swollen knee treatment market share are Stryker Corporation, Zimmer Holdings, Smith & Nephew Plc., DePuy Companies Inc., Wright Medical Group Inc., Biomet Inc., Exactech, B. Braun Melsungen AG, Pfizer Pharmaceuticals Inc., Merck & Co., Fresenius Kabi, AngioDynamics , C.R.Bard ,Teleflex, and Smiths Medical

Regional Analysis

The Americas is projected to lead the swollen knee treatment market in the forecast period. Rising rate in a number of surgeries due to factors such as accidents, injuries, and others contribute majorly to the growth of the market. Increasing healthcare awareness, advancement in technology, medical tourism, and an increase in disposable income are some other factors that boost the growth of the market.

The European market is expected to hold the second largest market share as osteoarthritis is most common in Germany. The European market is projected to grow because of the increase in elderly population, growing prevalence of diabetes, and obesity in the region.

Asia-Pacific was projected to be the fastest growing region for the global swollen knee treatment market. The market is expected to witness growth owing to the rising patient population, changing lifestyle, and growing elderly population. This is expected to provide favorable backgrounds for the market to grow.

The Middle East and Africa accounts for the least share due to stringent government policies and low per capita income.

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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.

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