Tuesday, 17 November 2020

Aromatherapy Global Market Growth Factors, Types and Application by Regional Analysis 2023

 Surgeries and medicines made from chemicals are not the remedies for every medical problem. Sometimes, aromatherapy can heal patients in miraculous ways if patients can use aromatic plant oils (including essential oils and other aroma compounds) in the correct manner. Therefore, the market for aromatherapy is rising due to various factors that include the growing lifestyle industry, large number of people opting for aromatherapy and non-invasive nature of aromatherapy. Aromatherapy via essential oils can not only combat cold and breathing disorders, it can also enhance the immunity (and resistance against diseases) of the human body. Aromatherapy is also the remedy for problems that are caused by the modern lifestyle. The market restraints that are likely to slow down the growth of the aromatherapy market include increasing stringency of regulations such as indications which a brand has to provide. For example, the brand needs to mention the category the essential oil falls in.

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Market Research Future (MRFR) has published a research report about global aromatherapy market. The theory of this report anticipates 6.18% CAGR (Compound Annual Growth Rate) between 2017 and 2023. In terms of cash, the market growth is expected to reach the US $ 4.3 bn by the end of the forecast period. This report analyzes the market structure with the forecast for six years, factors affecting market growth, on the basis of porters five force analysis, price analysis, and supply chain analysis. It also lists the key players and explores their business strategies. Market developments that are competitive in nature include the development of new treatments, joint ventures, mergers and acquisitions, and strategic alliances.

The global aromatherapy market has been segmented on the basis of the product. The product-based segmentation covers application, essential oils, equipment, therapeutic application and lastly region. The application segment has been sub-segmented into inhalation, tropical, and aerial diffusion. Based on essential oils, the market segmentation comprises of citrus, floral, green/vegetative, herbaceous/camphoraceous, & spicy and others. The equipment segment has been segmented into heat diffuser, nebulizer diffuser, and ultrasonic diffuser. On the basis of therapeutic application, the market has been segmented into pain management, relaxation and sleep, skin and hair care, and other remedies.

The regional segmentation of the global Aromatherapy Market covers North America, Europe, Asia Pacific, and Middle East & Africa (MEA). The biggest regional market in the global aromatherapy market in North America, and the backbone of this market is the revenue from the United States of America (USA). Due high density of population and high per capita income, the USA is a big market by default. The only restraint in this region is ambiguity and uncertainty of the therapeutic potential of aromatherapy. The second largest and fastest growing market for aromatherapy is Europe. In Europe, France is the biggest market for aromatherapy due to a tradition of aromatics whereas Italy is the second largest market. Majority of the biggest players of the global aromatherapy market are also based in North America and Europe. This is also another reason for these two continents emerging as the two biggest regional markets. Asia Pacific region is witnessing a steady growth of the aromatherapy market with China being the biggest market due to the high population while India is the second largest market here. As China and India have traditions of aromatherapy, in these countries, the market is high despite lower per capita income compared to developed regions. In the MEA region, Saudi Arabia, and United Arab Emirates (UAE) are very lucrative markets due to their greater wealth and the greater expansion of tourism in these regions. Among African countries, Algeria, Egypt, and South Africa. Due to poor income and low expenditure on public healthcare, the market of remaining Africa is low.

Key Players

The key players in global aromatherapy market include Air Aroma (USA), Nu Skin (USA),  Muji (Japan), Tree of Life (made by Jaroma), Young Living (USA), Zija International (China), dōTERRA (USA), NOW Foods (USA), and Neal’s Yard Remedies (United Kingdom).

Latest Industry News

·         Olfinity, an intelligent air system is set to bring air purification, air quality assessment, and controlled aromatherapy together in a series of products. These products are meant to improve indoor health and wellness. The Olfinity series of products includes an air monitor, air purifier, and aromatherapy diffuser.

·         Entering the “wellness market,” popular retailer Anthropologie is launching a new range of products that includes aromatherapy and essential oils, books and stationery, coffee and teas, crystals, fitness products, hair and skin care items, and supplements.

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Global Spirometry Market -News, Global Trends and Regional forecast

 

Spirometry Market Overview

Spirometry is a test to examine the functioning and condition of the lungs. The increase in lung disorders like asthma, chronic obstructive pulmonary diseases (COPD), and others have boosted the demands for spirometry and is getting stronger with time. Also, the increase in the adoption of unhealthy lifestyle habits like smoking and increasing air pollution has increased the breathing disorders among all age groups, which has boosted the demands for this technology. The companies are developing a new set of equipment and devices, which makes the lung testing easier for the practitioners and the patients.

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A vast increase in the old age population, which has added to the tally of this market, has provided a necessary boost to this market. The companies are readily investing in research & development programs, which has helped them in introducing the devices with advanced features and is helping the market is expanding its share globally. As the demands are accelerating, the people are now looking for home care setting devices, which can decrease the rush in healthcare facilities and will help the user to get real-time reports.

Apart from the uses and features, the global spirometry market faces severe challenges from the high testing costs, and weak reimbursement policies have restrained the market growth, which has slowed down the market globally. This report will shed light on the competition, opportunities, drivers & restraints, and other factors affecting the local and global spirometry market. The global market is expected to register nearly a 10 % annual growth rate during the survey.

Spirometry Market Division

The global spirometry market is segmented into classes as follows:

The global spirometry market is segmented into the desktop (PC) spirometry, tabletop spirometry, and handheld spirometry based on types of products.

The global spirometry market is characterized by volume measurement spirometry, flow measurement spirometry, peak flow meter (PFM), and others based on technology.

The global spirometry market is characterized by diagnostic and treatment monitoring based on applications.

Based on end-users, the global spirometry market is segmented among research institutes, hospitals, home care, and others.

Spirometry Market Regional Classification

Spirometry has gained global adoption worldwide due to the rapid increase in lung disease counts, decreasing air index, and the adoption of unhealthy habits. The Asia Pacific, North America, Europe, and the rest of the world are the major market studies for the global spirometry market. The North American region is leading the market due to the vast population covers, demands for better alternatives, well-established healthcare systems, increasing research & development programs, and other factors. On the other hand, the Asia Pacific region will register the fastest growth rates due to rapid developments in healthcare sectors, rise in healthcare budgets, increasing occurrence of lung disorders, vast population covers, increasing disposable incomes, and other factors.

Spirometry Market - Competitive Landscape

Prominent players in the spirometry market include Carefusion Corporation (U.S.), NDD Medical Technologies, Inc. (U.S.), Nihon Kohden Corporation (Germany), MGC Diagnostics Corporation (U.S.), Vitalograph (U.K.), Schiller AG (Switzerland), COSMED srl (Italy), Hill-Rom Holdings, Inc. (U.S.), Midmark Corporation (U.S.), Smiths Medical Inc. (U.S.), and Koninklijke Philips N.V. (The Netherlands).

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Industry News

The global spirometry market is driven by the increasing geriatric population and the increasing air population. The tabletop spirometry segment will lead the market and will be the fastest-growing. The global market is led by the North American region, whereas the Asia Pacific region will register the highest growth rate.

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Research On Non-Alcoholic Steatohepatitis Biomarkers Market (2020-2023) | MRFR

 et Overview

NAFLD's diagnosis is of particular significance due to the chances of its moving to more severe stages. In addition, in early-stage diagnosis instances, the use of specific strategies such as growing physical exercise and dietary modification may avoid unpleasantness of the disease. Except in more severe stages of the disease, like non-alcoholic steatohepatitis (NASH), it's still necessary to detect it as soon as possible because of the risk for cirrhosis progression.

Biomarkers are important for testing and treatment approaches for fatty liver disease cases and for faster diagnosis of potentially life threatening NASH and NAFLD. This will allow for the diagnosis and treatment of disease using a clear biomarker blood test, thereby preventing a biopsy of the liver. Managing the inherent comorbidities that produce NASH syndrome is possible, and the natural history of this daunting disease should increase. Furthermore, biomarker approaches will interface work in biomedicine.

The global market for Non-alcoholic Steatohepatitis (NASH) Biomarkers Market is projected to witness a 20.92 percent CAGR and is expected to hit the US$1.960.4 million mark by 2024. The key factors that pave the way for the growth of the worldwide market for non-alcoholic steatohepatitis biomarkers are the expanding presence of NASH, growing need for non-invasive diagnostic testing and awareness-raising campaigns. On the opposite, the existence of stringent rules for the certification of biomarkers by the United States FDA is expected to slow the growth of the market during the forecast period.

Market Segmentation

The global market for non-alcoholic steatohepatitis biomarkers has been segmented on the basis of end users and type. Based on type, the market is segmented into Hepatic Fibrosis Biomarkers, Serum Biomarkers, and others. And by end user, the market segment covers CROs, pharmaceutical companies, and others. The study on the global market for non-alcoholic steatohepatitis biomarkers focuses on market value and size at corporate, local, and global levels. From a broader perspective, the study report portrays the total market size of non-alcoholic steatohepatitis biomarkers by examining existing market patterns, historical evidence and expectations for future development. Market revenue from various national markets has been applied to quantify the global market's total revenue. The study offers an outline of the solutions in the industry, and also demonstrates the pace of growth in the global market.

Regional Overview

Geographically, the global demand for non-alcoholic steatohepatitis biomarkers has been subdivided into MEA, Asia-Pacific, North America, Europe, and is sub-segmented into country level markets such as India, the United States, China, Japan, Australia, etc. The report provides comprehensive information from regional segments while covering local and global market size, regional market rivals, performance data, and statistics on exports and import. The study also discusses regional market patterns, trends, production and utilization rate of goods, revenue from the market sector, and the rate of growth. The report also covers the demand data from several industries and a wide range of opportunities present in the region that are expected to drive growth.

Industry News

Research has found a biomarker linked to the growth of non-alcoholic fatty liver disorder in human beings that could help doctors uncover early stages of the illness. The scientists also found that this biomarker, a protein classified as the 'neuronal regeneration-related protein', plays a critical role in controlling a mechanism that is now being investigated as a therapeutic choice for the condition in clinical trials.

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Analysis on Vocal Biomarkers Market Trends and Demand by 2023

 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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Monday, 16 November 2020

Study On Smart Insulin Pens Market 2020- Analysis and Growth Factors by Forecast till 2027

 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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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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Diagnostic Electrocardiograph (ECG) Market - Report, Global size, Share and Regional Demand

 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.




NEWS: Swollen Knee Treatment Market Size, Trends, Report, and Latest Updates

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.

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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.

Key Players

Some of the key players in the global market  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

 

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