Monday, 26 October 2020

Neurovascular Devices Market in-depth approaches behind the Success Of Top Players

 Neurovascular Devices Market Highlights

Neurovascular devices encompass a range of devices which are used for neurovascular management. The rise of neurovascular devices such as brain aneurysms, carotid artery disease, and others are likely to warrant of advanced devices which can prevent the possibility of strokes and other diseases. The global neurovascular devices market report by Market Research Future (MRFR) comprises a comprehensive analysis of the current state and future predictions for the period of 2018 to 2023 (forecast period).

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Neurovascular Devices Market Scope

The global neurovascular devices market is expected to grow at a CAGR of 8.8% during forecast period. It is driven by the rise of neurovascular diseases and development of minimally invasive procedures. According to the Brain Aneurysm Foundation, cerebral aneurysms are accountable for close to a million deaths annually. Progress in neurovascular management and innovations in microsurgical devices and treatments can drive market growth in a positive direction.

Investments by government organizations for management of neurological conditions can bode well for the market. This is exemplified by the use of funds amounting to USD 6.6 billion by the NHS in the U.K. Clinical trials being conducted for new methods and procedures can encourage market growth. Endovascular treatments are gaining traction with many patients opting it as a method for acute ischemic stroke.

However, high procedural costs and lack of skilled physicians can dampen the market growth prospects.

Neurovascular Devices Market Segmentation

The global neurovascular devices market is segmented by product, therapeutic application, and end-user.

On the basis of the product, the market is segmented into, aneurysm coiling & embolization devices, neurothrombectomy devices, cerebral balloon angioplasty and stenting systems, and support device. Aneurysm coiling & embolization devices are sub-segmented into liquid embolic, embolic coils, and flow diversion devices. Embolic coils, a part of aneurysm coiling & embolization devices segment, are further segmented into detachable coils and pushable coils. Similarly, neurothrombectomy devices segment is sub-segmented into suction and aspiration devices and retrieval systems. The support device segment is sub-segmented into microcatheters and microguidewires. The cerebral balloon angioplasty and stenting systems segment is sub-segmented into carotid artery stents and embolic protection systems. Embolic protection systems are further divided into distal filter devices and balloon occlusion devices.

By therapeutic application, the global neurovascular devices market is categorized into hemorrhagic stroke and ischemic strokes.

By end-users, the market is segmented into hospitals & clinics and ambulatory surgical units.

Neurovascular Devices Market Regional Analysis

The Americas, Asia Pacific (APAC), Europe, and the Middle East & Africa are regions considered for measuring the value and volume of the global neurovascular devices market.

The Americas are touted to dominate the global neurovascular devices market owing to high prevalence of neurovascular diseases. According to a study by the Methodist DeBakey Cardiovascular Journal in 2014, close to 1 million strokes occur annually due to intracranial atherosclerotic disease. The large healthcare expenditure of nations in the region and presence of major players can further regional market growth.

APAC is predicted to exhibit a stellar growth rate during the forecast period owing to the growth of economies of China and India. Demand for minimally invasive surgeries by the geriatric populace can fuel the demand in the global neurovascular devices market.

Neurovascular Devices Market Competitive Outlook

Evasc, OxfordEndovascular, Gynesonics, Delaware Corporation, TERUMO CORPORATION, Merit Medical Systems, Inc., Secant Group, LLC, Rapid Medical, Neuravi, Medikit co., ltd., Stryker, Abbott, MicroPort Scientific Corporation, W. L. Gore & Associates, Inc., Medtronic, Penumbra, Inc., Johnson & Johnson Services, Inc., Blockade Medical, LLC., and Sensome are major players of the global neurovascular devices market. Product launches, acquisitions, and distribution agreements are strategies being implemented by players to sustain their position in the market. In 2020, Arterio Medical submitted the results of the clinical trial of Endura Embolization System in bifurcation systems. The results demonstrated the low relapse of coils and provide immediate cerebral aneurysm occlusion.

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

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

Healthcare Contract Manufacturing Market Size : Industry Growth Factors, Applications, Growth Analysis, Key Players And Forecasts By 2023

Overview:

The healthcare contract manufacturing market is benefiting much from the growing demand for medicine supplies which is facing a severe crisis from the pending expiration of a lot of generic drugs. The market relies heavily on the outsourcing of the manufacturing process of drugs to contract manufacturers. From drug development to drug manufacturing, a comprehensive platform this healthcare contract manufacturing sector provides. The from drug development to drug manufacturing market is expecting a growth by 9.86% during the forecast period (2017-2023), claims Market Research Future (MRFR). The report ensures a detailed analysis of the segments and driving factors that can assist the market in growth over the review period. 

Among the factors, patent expiration of several drugs can be deemed as one of the chief influencers that can foster the market growth during the forecast period. Emerging economies are demanding for greater percolation as the population boom in those countries have created scope for substantial market expansion. Drug manufacturers are also looking for significant contribution from these companies as number of drugs in the pipeline is getting piled up. Factors such as these are bound to boost the global from drug development to drug manufacturing market.

On the flip side, controlling third parties is quite complex which many manufacturers prefer to avoid. At the same time, clinical trials are becoming more exhaustive and tangled which can deter the healthcare contract manufacturing market from having the expected growth rate over the review period.

Segmentation:

The global healthcare contract manufacturing market can be segmented by type, service type, and industry.

Based on the type, the healthcare contract manufacturing market can be segmented into sterile and non-sterile.

On the basis of the service type, the healthcare contract manufacturing market includes pharmaceutical contract manufacturing services, medical device contract manufacturing services.

Industry-wise segmentation of the healthcare contract manufacturing market includes pharmaceutical, medical device, and biopharmaceutical.

Regional Analysis:

Region-specific analysis of the global healthcare contract manufacturing market includes the Americas, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).

The Americas is in charge of the global healthcare contract manufacturing market. With rising investment in healthcare, the focus is mainly on improving healthcare infrastructure and upgrading research institutions for better technology and others. Subsequently, manufacturers are now relying more on the advanced instruments they have put in use in their factories and manufacturing capabilities. 

Europe assumes the second position in the market and the credit goes to the increased expenditure initiated by the regional governments. The reports published by the Organization for Economic Co-operation and Development (OECD) discloses that Germany spent USD 321 billion in 2014 in the healthcare sector which is a significant marker of the progress the regional market is making at present. 

The APAC is the fastest growing market as major regional economies such as China and India are considerably investing to better their healthcare facilities to lure in patients from all over the world as a part of their medical tourism planning.

Competitive Analysis:

Some of the key players in this healthcare contract manufacturing market are Aesica Pharmaceuticals, Boehringer Ingelheim, AbbVie, Grifols International, S.A, Evonik Industries, Lonza Ag, Catalent, Benchmark Electronics, Flex Ltd, Forefront Medical Technologies, Hamilton Company, Sanmina Corporation, Teva Pharmaceutical Industries, Patheon, Mylan, Vetter Pharma International, and others.

In August 2018, Catalent completed their move to acquire Juniper. This would give the former a new and robust European base to function. Catalent, as the parent company of Juniper, would ensure the supply of Crinone marketed by Merck KGaA. 

In January 2018, Intermountain Healthcare declared their plan to create a non-profit generic drug company as a direct manufacturer or contract manufacturer in collaboration with Ascension, SSM Health, and Trinity Health. 

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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

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.

Hair transplant Market report | Analysis and Forecast till 2023

 Overview:

Hair transplant is a recent process that has been developed to treat baldness. The process includes removal of hair follicles from one part of the body and insertion of it in the designated part. Both male and female are expected to benefit from this. The global hair transplant market is all set to gain from the growing demand for the process and achieve a CAGR of 24% during the forecast period (2017-2023). Market Research Future (MRFR) made a claim in the report that ensures that the growth could touch a valuation of USD 23,881.9 million by the end of 2023. 

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Factors, such as the growing self and social awareness, integration of the entertainment industry, high success rate of the procedure, better treatment facilities and others. The hair transplant market is also gaining significant market percolation in developing regions due to their constructive approach towards their healthcare industry.

Segmentation:

Surgical methods, type of surgery, and end-users are segments that have been dealt in the global hair transplant market report studied by MRFR. The segmentation provides better scope for the study of the market. 

Based on the surgical methods, the global hair transplant market can be segmented into Follicular Unit Transplantation (FUT) and Follicular Unit Extraction (FUE). The global Follicular Unit Transplantation (FUT) segment has a market share of 52.7% and is expected to increases its revenues during the forecast period.

Based on the surgery, the hair transplant market encompasses head hair transplant, eyebrow transplant, and frontal hairline lowering or reconstruction. The head hair transplant market has a market coverage of almost 88.3% and it is expected to gain substantial profit in the coming years.

Based on the end user, the hair transplant market includes trichology clinics, hospitals, dermatology clinics, and others. The trichology clinics segment is expected to fetch USD 14,193.7 million valuation by the end of 2023. 

Regional Analysis:

The Americas, Europe, Asia Pacific (APAC), and Rest of the World (RoW) are four major regions that have been taken into consideration for an in-depth analysis of the global hair transplant market. The report provides an extensive look into the demographic dynamics for a better understanding of the market in the coming years. 

The Americas is expected to control the global market as it has a better market structure to support the demand for hair transplant market. Better infrastructure, high expenditure capacity, easy funding for research & development, and other factors are expected to promote the regional market. The inclusion of the entertainment industry is also quite pervasive due to which the market can expect strong growth. It had a valuation of USD 2.249 million in 2016, and is expected to continue its dominance during the forecast period as well. 

The APAC market is expected to gain much from the various technological integration and change in the patterns of the healthcare industry. The region is witnessing an overhaul in terms of infrastructure and investment. At the same time, the huge patient pool and the infusion of the entertainment industry are expected to play pivotal roles. The regional market is expecting a 24.3% CAGR during the forecast period. 

Competitive Landscape:

Several market leaders are using extraordinary strategies to establish their footing in the global hair transplant market. These companies are using merger, acquisition, collaboration, product launch, innovation, and other methods to solidify their market stance and take the market ahead in a holistic way. MRFR enlisted these companies for a better understanding of the global market. The list has Bernstein Medical (US), Bosley (US) Cole Instruments (US), Ethics hair instruments (India), MEDICAMAT (France) and Restoration Robotics Inc. Company (US).

In July 2019, VCare announced launching of 15 new clinics in South India with state-of-the-art facilities where hair treatments would assist in gaining profits. Their team is getting support from expert surgeons with experience in the field. 

read more@ https://www.marketresearchfuture.com/reports/hair-transplant-market-3409 

About Market Research Future:

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

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

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

Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

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


Diagnostic Electrocardiograph (ECG) Market Size, Revenue Expectation, Demand

 Global Diagnostic Electrocardiograph (ECG) Market: By Product Type (Resting ECG Devices, Stress ECG Devices, Implantable Loop Recorders, Mobile Cardiac Telemetry Devices, Event Monitors, Holter Monitors, Smart ECG Monitors), Lead Type (12-Lead ECG Devices, 5-Lead ECG Devices, 3-Lead ECG Devices, 6-Lead ECG Devices, Single-Lead ECG Devices, Others), End-User (Hospitals and Clinics, Ambulatory Surgical Centers, Others) and Region (Americas, Europe, Asia-Pacific, Middle East & Africa) - Forecast to 2025

 

Market Analysis 

The global diagnostic electrocardiograph (ECG) market is likely to touch USD 10,487.24 million at a 6.72% CAGR between 2019- 2025, as per the recent report by Market Research Future (MRFR). Diagnostic electrocardiograph, simply put, is a test that is utilized to detect electrical signals which the heart produces each time it beats. Smart ECG monitors, Holter monitors, event monitors, mobile cardiac telemetry devices, implantable loop recorders, stress ECG devices, and resting ECG devices are the different types of the diagnostic electrocardiograph. 

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Various factors are adding to the global diagnostic electrocardiograph market growth. Such factors, according to the new MRFR report, include increasing expenditure by market players in research and development to create novel ECG devices, technological advances in wearable devices and wireless monitoring, and an increase in the rate of lifestyle diseases. Additional factors adding market growth include the developing healthcare infrastructure, increasing geriatric population, and rising cases of cardiovascular diseases. 

On the contrary, irregular reimbursement policies, uncertainty in economic circumstances and market saturation, and scarcity of skilled professionals are factors that may limit the diagnostic electrocardiograph market growth over the forecast period

Market Segmentation

The MRFR report offers an inclusive segmental analysis of the global diagnostic electrocardiograph market report based on end user, product type, and lead type. 

By product type, the diagnostic electrocardiograph market is segmented into smart ECG monitors, Holter monitors, event monitors, mobile cardiac telemetry devices, implantable loop recorders, stress ECG devices, and resting ECG devices. Of these, the resting ECG devices segment will lead the market over the forecast period for its increasing use in hospitals worldwide. 

By lead type, the diagnostic electrocardiograph market is segmented into single-lead ECG devices, 6-lead ECG devices, 3-lead ECG devices, 5-lead ECG devices, and 12-lead ECG devices. Of these, the 3-lead ECG devices segment will dominate the market over the forecast period for its wide applications in various cardiac diagnostic tests. 

By end user, the diagnostic electrocardiograph market is ambulatory surgical centers, hospitals and clinics, and others. Of these, the ambulatory surgical centers segment will have a major share in the market over the forecast period for its ample recognition in developing countries. 

Regional Analysis 

Based on the region, the global diagnostic electrocardiograph market report covers the recent trends and growth opportunities across the Americas, Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the Americas will have lions share in the market over the forecast period. Surging demand for medical devices coupled with rising cases of cardiovascular diseases like arrhythmia and stroke, are adding to the growth of the market in the region. 

The global diagnostic electrocardiograph market in Europe is predicted to hold the second-largest share over the forecast period. Rising acceptance of new diagnostic products and increasing geriatric population are adding to the growth of the market in the region. 

The global diagnostic electrocardiograph market in the APAC region is predicted to grow at a fast pace over the forecast period. Rising prevalence of heart diseases like stroke and increasing per capita disposable income are the factors that are adding to the market growth in the region. 

The global diagnostic electrocardiograph market in the MEA is predicted to have steady growth over the forecast period. The increasing burden of cardiac diseases and gradually developing healthcare infrastructure are factors that are adding to the market growth in the region. 

Key Players

Eminent players profiled in the global diagnostic electrocardiograph market report include VectraCor, Inc. (US), Innomed Medical Inc. (Hungary), Norav Medical (US), Cardioline SpA (Italy), Edan Instruments, Inc. (China), BTL (US), Fukuda Denshi (Japan), BPL Medical Technologies (India), ACS Diagnostics (US), Schiller (Switzerland), Shenzhen Mindray Bio-Medical Electronics Co., Ltd (China), Hillrom Services, Inc. (US), Nihon Kohden Corporation (Japan), Koninklijke Philips N.V. (Netherlands), and General Electric Company (US). 

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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

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 Acupuncture Market 2020 -Size, Global Analysis and Forecast till 2023

 Market Research Future (MRFR) has launched a new release on the global acupuncture market. The report  provides comprehensive coverage of the market’s growth prospects over the forecast period till 2023,  based on a detailed analysis of the market’s key growth drivers and markers derived from the market’s  historical growth trajectory. The global acupuncture market was valued at USD 24,551.6 mn in 2017,  according to the report.  

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Acupuncture is a part of traditional Chinese medicine (TCM) and consists of lightly piercing a patient’s  body with small needles in order to influence and manipulate the flow of the patient’s life force, or “qi”,  an essential concept in TCM. The needles are placed at strategic spots chosen due to their connection  with the overall flow of qi within the patient’s body. The technique of acupuncture emerged in ancient  China, but has gained significant popularity in modern-day U.S. The growth of the New Age movement  has considerably helped spread the acupuncture market in Western regions, where it is now considered  a pseudoscience but an established part of the wide spectrum of alternative medicine.  

Acupuncture has been shown to have some effect in pain treatment; however, evidence demonstrating  its efficacy in treating other medical conditions and even serious pain resulting from potentially terminal  conditions is lacking. Acupuncture is now also being used in gynecological conditions related to  menopause or PMS. Most of the clinical effects of acupuncture are thought to originate from the placebo  effect and the overall calming effect of the setting, which may help in pain relief on its own. Nevertheless,  the growing demand for alternative medicine in the U.S. has emerged as a significant driver for the global  acupuncture market. On the other hand, the lack of insurance coverage for acupuncture and relatively  expensive per-visit fees could hamper the market’s growth prospects in Western economies over the  forecast period.  

Segmentation: 

The global Acupuncture Market is segmented on the basis of component type, application, end user, and  region. 

By component, the global acupuncture market is segmented into services and products. 

By application, the global acupuncture market is segmented into pain syndrome illnesses, gynecological  disorders, psychological disorders, and others.  

By end use, the acupuncture market is segmented into wellness centers, hospitals and specialty clinics,  and research and academic institutes.  

Regional Analysis: 

By region, the global acupuncture market is segmented into the Americas, Europe, Asia Pacific, and the  Middle East and Africa. The Americas segment is sub-segmented into the U.S., Canada, and South America. 

Europe is further categorized into Western Europe, containing Germany, France, the UK, Spain, Italy, and  the rest of Western Europe, and Eastern Europe. Asia Pacific is further segmented into Japan, China, India,  Australia, South Korea, and the rest of Asia Pacific.  

Asia Pacific is likely to retain a dominant share in the global acupuncture market over the forecast period  due to the preeminent role played by China in the development and conception of acupuncture. The  traditional popularity of acupuncture in China has seen the region hold on to the top spot in the global  acupuncture market, while countries around China, such as India, Korea, Australia, and Japan have also  emerged as key markets for acupuncture services in recent years. The growing popularity of alternative  medicine in these countries and the growing healthcare expenditure, thanks to the growing disposable  income of consumers in the region, are likely to drive the acupuncture market in the region over the  forecast period. 

North America is another leading regional market for acupuncture products and services thanks to the  growing influence of the New Age movement, which has led to increasing resistance to conventional  Western medicine and increasing acceptance of other, less invasive, and supposedly more effective forms  of alternative medicine. The increasing healthcare expenses in the U.S. are also likely to remain a key  driver for the acupuncture market, though the lack of insurance coverage could hinder the market from  going mainstream.  

Competitive Analysis: 

Leading players in the global acupuncture market include Wuxi Jiajian Medical Instruments Co. Ltd., 3B  Scientific GmbH, Zepter International, MKW Laser System GmbH, Qingdao Great Fortune Co. Ltd.,  AcuMedic Ltd., Asia-med GmbH, Cymedics GmbH & Co. KG, SEIRIN Corporation, and Schwa-medico  GmbH.  

Read More@ https://www.marketresearchfuture.com/reports/acupuncture-market-6139 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

Vocal Biomarkers Market By Major Players, Volume, Demand, Report and Forecast

 

Vocal Biomarkers Market Scope

The vocal biomarkers market 2020 can touch USD 2.5 billion by 2023-end, says Market Research Future (MRFR). MRFR also projects the global market to attain a decent CAGR of 14.5% between 2017 and 2023 (evaluation period). We will provide COVID-19 impact analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak.

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Primary Drivers and Main Deterrents

SARS-CoV-2 can be characterized by certain dysfunction within the respiratory system, which includes the diaphragm along with lower respiratory tract. COVID-19 is therefore known to induce breathing issues and have a negative impact on lungs. Considering the fact that the COVID-19 impact is largely on the breathing functions, along with a few cases of neurological issues induced by the pandemic, it is expected that vocal biomarkers obtained from the speech subsystem can be a significant indicator of the virus. In a nutshell, vocal biomarkers’ use for detection of the novel coronavirus has increased incredibly in the past few months, and can have a positive impact on the global market, despite the lockdown imposed worldwide.

Many companies are introducing new apps and services following the pandemic, with the aim to capture a higher share in the global market. To illustrate, in July 2020, Sonde Health launched an app that is based on vocal biomarker. The app helps detect any respiratory symptoms with only the use of the person’s voice. The app is mainly targeted for the company’s workforce who can use it to decide whether to enter the office, since it will inform the employee based on their voice if they should enter the office or remain at home.

Vocal biomarkers technology is highly cost-efficient that accurately detects diseases, and following the COVID-19 outbreak, it has emerged as an extremely useful tool for the healthcare industry. Pharmaceutical vendors are leveraging the benefits of vocal biomarkers as these also help detect neurological and psychiatric disorders. A few conditions such as Alzheimer’s, Schizophrenia and Parkinson’s can also be detected at an early stage, which helps doctors come up with effective treatment plans without losing time. Apart from the healthcare industry, vocal biomarkers are also used to detect a lie, a highly valuable factor in security agencies and defense organizations, where apprehending a criminal is of utmost priority.

Vocal Biomarkers Market Segmental Insight

The vocal biomarkers industry has been considered depending on type, indications and end users.


 

The key types of vocal biomarkers are amplitude, frequency, pitch, vocal rise or fall time, error rate, voice tremor, phonation time, and others.

With respect to the indications segment, the market caters to psychiatric disorders (attention deficit, disruptive behavior disorders, depression, and others), neurological disorders (Huntington's disease, Alzheimer's disease, Parkinson’s disease (PD), others), traumatic brain injury (TBI), cardiovascular disorders, respiratory disorders and more.

The main industry end users are academic and research, hospitals and clinics, to name a few.

Vocal Biomarkers Market Regional Outlook

North America along with Middle East & Africa/MEA, APAC/ Asia Pacific and Europe are the main markets for vocal biomarkers.

The market in the US is currently the most lucrative, given the positive reimbursement conditions and the high spending on healthcare. The quick uptake rate of the latest technologies in the country also adds to the vocal biomarkers market’s strength. Thanks to the expanding scope of health-related and voice-assistant applications, healthcare and life sciences organizations are increasingly focusing on using voice assistant technology in various clinical trial settings.

Europe comes in second in the global market, as a result of the favorable financial status of various countries and the growing awareness with regard to vocal biomarkers. The well-developed healthcare infrastructure along with the high number of financially stable research institutes that make extensive use of superior technologies can also be cited as significant growth inducers in the European market.

APAC seems to hold the highest growth potential out of all the regions, and is spearheaded by the fast developing countries of India and China. Vocal biomarkers’ extensive deployment in respiratory problems, neurological disorders, traumatic brain injury, and more in the region has led to an incredible growth spike in recent years. APAC is majorly focused on research and development with the prime objective to extend the application scope of vocal biomarkers, encouraged by the strong support of the government and related companies in the form of substantial investments.

Vocal Biomarkers Market Eminent Companies

Cogito Corporation, Beyond Verbal, IBM Corporation, Sonde Health, Audio Profiling and more are the eminent companies mentioned in the extensive market study by MRFR.

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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.

About Market Research Future:

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

Contact:                                    

Akash Anand                                                                        

Market Research Future

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Email: sales@marketresearchfuture.com

 

Smart Insulin Pens Market 2020: Competitive Landscape, Production, Supply, Demand, Industry

 Industry Landscape

In the latest research study on the global smart insulin pens market 2020 by Market Research Future (MRFR) is a valuable source of information for market players vying to establish a strong foothold in the current smart insulin pens market landscape. The detailed assessment of the smart insulin pens market offers domestic as well as international market players an apparent picture of the prospective growth opportunities, which is explained through figures. In the past months, the novel Coronavirus (COVID-19) has caused a slowdown in business activities of the Smart Insulin Pens Market. With the help of this report, it has come under the spotlight that the market would stagger at a CAGR of 10.77%, and with this, revenue could hit USD 153.81 Million by 2027.

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Smart Insulin Pens Growth and Attributed

The mounting popularity of diabetes is one of the growing concerns currently for smart insulin pens. As per the International Diabetes Federation, 415 million people probably had diabetes in 2015. This is expected to attain 642 million by the year 2040. Therefore, daily insulin dose management among diabetic patients is vital to better manage the disease leading to the rapid penetration of smart insulin pen technology in the global market. Smart insulin pens have transformed diabetes care through digitalization and connectivity. A fast increasing diabetic patient pool is probable to create a positive impact on the Bluetooth connected smart insulin pen segment, thus boosting the smart insulin pens market.

Diabetes management with conventional insulin pens available in the market has now become tedious, time-consuming, which also requires patients to remember and document their data, making it difficult to manage their insulin dosage promptly. Such a situation can lead to a misinterpretation of the results. Bluetooth and USB enabled smart insulin pens to allow users to track their insulin doses and assist seamless documentation of insulin units and blood glucose levels. Smart insulin pens also send alerts to patients and healthcare professionals in case of missed doses. All these factors are attributed to a rising number of manufacturers focusing on introducing devices with smart connectivity, which allow automatic insulin dose data transfer on the patient portal for streamlined data dosage management.

Additionally, a course in the adoption of connected medical devices and the incorporation of glucose monitoring devices and therapeutics to manage diabetes better is considered apt to propel the smart insulin pens market across the globe. As per the World Health Organization, a predictable 1.6 million deaths occurred by diabetes, in 2016. Similarly, as per the American Diabetes Association, in the year 2015 estimated that 30.3 million people in the U.S. suffered diabetes, which included 1.25 million children.

Segment Review

Global Smart Insulin Pens Market has been studied among the segments of product type and end-user.

The market by the product segment, the market has included smartpen and connecting devices.

The market by the end-user segment, the market has been bifurcated into hospital/retail pharmacies and online.

Regional Outlook

Regionally, the global smart insulin pens market in North America accounted for a significant share of in the year 2018. The market in North America is determined by the attendance of significant players and a sky-scraping rate of adoption of technologies. Moreover, a swell in the prevalence of diabetes and new product launches and approval is likely to drive the market in the region. As per the National Diabetes Statistics Report of 2017, in the U.S., an estimated 30.3 million people suffered diabetes in the year 2015. Also, as per the Canadian Chronic Disease Surveillance System, there were an estimated 3.0 million people in Canada who had diabetes between 2013 and 2014.

A surge in the prevalence of diabetes also drives the market in Europe. As per the International Diabetes Federation, back in 2017, approximately 352 million people were at risk of developing type two diabetes in Europe.

The market in the Asia Pacific is likely to expand at a rapid pace during the forecast period in the scope of a boost in the geriatric population with diabetes.

Significant Market Players

The global smart insulin pens market is exceedingly fragmented among a large number of players such as Eli Lily and Company, Companion Medical, Ypsomed Holding AG, Diamesco Co., Ltd., Digital Medics Pty Ltd., Emperra GmbH E-Health Technologies, and Novo Nordisk A/S and Others.

Industry News:

In January 2020, BIOCORP received clearance in Europe for EASYLOG, an adaptor for insulin pens connected through the internet. The approval of this product enabled the company to strengthen its position in the market and enhance its product portfolio in Europe.

In December 2019, Companion Medical launched the InPen in the U.S.

In August 2019, Emperra GmbH also launched the ESYSTA BT Bluetooth Insulin Pen and enabled the company to reinforce the ESYSTA product portfolio.

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