Urgent Care Apps Market Expected to Grow at a CAGR of 42.20% up to 2023 | Regional Analysis, Key Players, Industry Segments and Competitors Strategy

 Market Research Future has published a half-cooked research report on the Global Urgent Care Apps Market.

The Global Urgent Care Apps Market continues on a gradual upward trajectory and is expected to cross USD 2595 Mn mark by the end of 2023. The global urgent care apps market stood at USD 314.2 Mn in 2017 and Market Research Future (MRFR) anticipates dynamite growth in the market with a CAGR over 42.20% over the forecast period which ends in 2023. 

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Urgent care apps are advantageous in managing medical conditions which need immediate attention. They act as an additional pathway for medical conditions which require prompt action but are non-life-threatening concerns. They offer an effective and low-cost option for the management of health conditions such as pregnancy, stroke, cardiac diseases, trauma, and others. Multiple use cases presented by urgent care apps are boosting the growth of the market. Also, these apps have been proven beneficial in post-hospital or post-operative care among patients. 

The ubiquity of smartphones coupled with the growing penetration of 3G and 4G networks, especially in the emerging economies are contemplated to be reflecting positively on the growth of the global urgent care apps market. The digital revolution in healthcare is speeding up the adoption of urgent care apps and consequently fostering market growth. 

The gradual shift in focus on personalized and patient-centric healthcare delivery has been a key driver for the growth of the global urgent care apps market. Urgent care apps deliver a diverse set of services with more flexible hours. They are particularly useful for elderly patients who require reassurance and offer them with access to immediate help during emergencies.  

Raising awareness regarding the availability of medication management apps in combination with the factors mentioned above add fuel to the growth of the global urgent care apps market.

However, the market might be met by some challenges including the bulk of miscategorized apps in the App Store & Google Play and poor internet connectivity issues in underdeveloped regions which restrict the growth of the market. 

Segmentation

The Global Urgent Care Apps Market has been segmented based on type and clinical area. 

By type, the urgent care apps market has been segmented into emergency care triage apps, in-hospital communication & collaboration apps, and post-hospital apps. The post-hospital apps segment has been further segmented into medication management apps, care provider communication & collaboration apps, and rehabilitation apps. 

By clinical area, the global urgent care apps market has been segmented into trauma, stroke, cardiac conditions, and others. The trauma segment is the largest segment on account of rising incidences of road accidents which necessitates trauma care and increasing awareness to address trauma by healthcare organizations. The cardiac conditions segment is expected to be the fastest growing segment owing to the gradual realization of the benefits of urgent care apps in the management of critical cardiac conditions. 

Regional Analysis

The Americas, Europe, Asia Pacific, and the Middle East & Africa are the key markets for urgent care apps. 

North America is a significant market for urgent care apps, led by North America. Deep penetration of smartphones and 3G and 4G networks along with escalating healthcare cost and constant need to address the same are augmenting the market in North America. Moreover, the region tends to quickly adapt to emerging technologies which further supports the growth of the urgent care apps market. Other driving factors include raising awareness and increasing focus on personalized healthcare. 

Europe's market growth can be exclusively attributed to increasing initiatives by the government towards the promotion of such apps and towering need to curtail healthcare costs. Germany, Italy, France, Spain, and the UK are the major markets in Europe. 

Asia Pacific market for urgent care apps is anticipated to have an expeditious growth in the coming years. Growing penetration of smartphones in the emerging economies of Asia Pacific coupled with raising awareness about healthcare management apps can be accredited for the growth of the urgent care apps market in Asia Pacific. 

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Competitive Landscape

Some of the prominent players operating in the global urgent care apps market include Forward Health, Pivot Design Group, Johnson & Johnson, Twiage, Siilo, Alayacare, PatientSafe Solutions, Vocera Communications, Hospify, Argusoft, Voalte, Pulsara, Imprivata, Allm, and TigerConnect. 

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News: healthcare cloud computing market Trends and Regional Forecast

 

Market Insights

Cloud computing offers several important benefits which have significantly impacted the general market for cloud-based technologies. The various features of the cloud deployment of IT software increase the collection of data in real-time and significantly improves data retrieval among other things. Market Research Future has deeply examined the global healthcare cloud computing market to understand the various factors that influence growth in its upcoming report on the subject. Document processing is an ongoing task in healthcare facilities and the speed and efficiency that cloud computing offers has increased the adoption of the same.

Cloud computing reduces overall costs as it is used without the need for physical infrastructure. The internet is used to store and manage data which also cuts down on maintenance costs. This is a significant driver of the global healthcare cloud computing market. The IT revolution and widespread growth of and demand for cloud computing has affected the healthcare sector in a highly positive manner. The large amounts of data generated in healthcare has encouraged the adoption of cloud computing. The generation of large volumes of data has increased further with high adoption of  Scalability and flexibility are some of the growth driving factors in the global healthcare cloud computing market. Major healthcare cloud computing players are actively involved in the development of new and improved services which will continue to optimize operations in large and complex industries such as healthcare. Security risks and the concern regarding sensitive data being made available on the cloud is expected to restrain market growth. Cloud breaches with regards to data and inefficient backup activities undertaken by healthcare organizations are likely to pose challenges to market growth, which may be addressed to some extent in the coming years.

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Market Segmentation

The global healthcare cloud computing market is segmented in MRFR's report on the basis of applications, deployment, service, end-user, and region. Healthcare cloud computing has two key applications, namely Non -Clinical Information System (NCIS), and Clinical Information System (CIS). The CIS segment is further sub-segmented to include electronic health records (EHR), pharmacy information system (PIS), computerized  physician order entry system (CPOE), and others.

Deployment of healthcare cloud computing segmented into private cloud, public cloud, and hybrid cloud. Healthcare cloud computing makes its possible to offer services in various innovative forms which include Software-As-A-Service, Infrastructure-As-A-Service, and Platform-As-A-Service. Healthcare providers and healthcare players make up the end-users of healthcare cloud computing .

The global healthcare cloud computing market is segmented by region into Europe, Latin America, North America, the Asia Pacific and the Middle East and Africa.

Regional Analysis

North America due to its inclusion of the U.S where there is a high concentration of market players and the presence of a significant healthcare sector is expected to be a significant market in the global healthcare cloud computing market. North America has a well-established healthcare sector due to the concentration of developed economies in the region. The region also displays an affinity for the adoption of advanced technology.

The Asia Pacific is a rapidly growing market due to the presence of a rapidly developing healthcare sector in the region. Countries such as India and China are among the most populous countries in the world which have a massive patient population. The need to have efficient operations in treating these masses is expected to encourage the adoption of advanced healthcare cloud computing solutions during the forecast period.

Key Players

Eminent market players that have been included in MRFR’s analysis of the competitive landscape include GE Healthcare, Athena Health Inc., IBM Corporation, Sectra AB, CareCloud Corporation, Carestream Corporation, Agfa-Gevaert N.V., NextGen Healthcare, ClearData Networks Inc., Nuance Communications, Oracle Corporation, Siemens Healthineers, Microsoft Corporation, Cerner Corporation, Merge Healthcare Inc., and Dell Inc.

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

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Immunofluorescence Assay Market Treatments, Sales and Revenue | MRFR

 

Market Highlights

 The global Immunofluorescence assays market is expected to reach an approximate CAGR of 5.8% during the forecast period.

 The growing prevalence of chronic and infectious diseases, increase in research and development activities, growing government investments for R&D activities, increased need for rapid and sensitive diagnostics, and adoption of technologically advanced systems are the key factors for the market to grow. However, factors such as, expensive diagnostic kits, chances of cross contaminations, shortage of skilled labor and weak detection signals are expected to restrict the market growth during the forecast period.

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 Segmentation

 The global immunofluorescence assay market is segmented on the basis of technique, product type, application and end user. The immunofluorescence assay market, by technique is sub segmented into primary (direct) immunofluorescence assays, secondary (indirect) immunofluorescence assays, and micro immunofluorescence. Secondary (indirect) immunofluorescence assays category includes salt split technique, antigenic mapping method and double staining method. On the basis of product type, the market is categorized into antibodies, kits and reagents, instruments, labelling dyes and species type. Instruments is further sub segmented into microscopes and imaging analysis systems. The application segment includes clinical research, clinical diagnostics, research & development. Clinical diagnostics segment is categorized into infectious diseases, cancer, cardiovascular diseases, autoimmune diseases, neurological diseases. On the basis of end-user, the market is segmented into biotechnology companies, hospitals & research institutes, contract research organizations and diagnostic centers.

  Regional Analysis

 The Americas dominated the global market for immunofluorescence assays in 2017. This can be attribute due to increasing prevalence of chronic diseases, rising biotechnology R&D activities and technological advancements within the region influences the market growth. According to the Partnership to Fight Chronic Disease (PFCD) in 2016, 190 million people in America are affected by at least one chronic disease. Also, the presence of major market players such as BioLegend, Inc. and Becton, Dickinson and Company within the region influences the market growth. 

 

Europe (UK, Germany, France) is second in the market owing to rapidly growing biotechnology industry and increasing need for diagnostics is expected to influence the market in this region. In recent years, biotechnology sector in European Union, is the most innovative industry with 80 thousand patents in 2014. Furthermore, according to the European Commission’s Directorate General for Enterprise and Industry, the European Union invested $7.32 billion in the Biotechnology sector.

 

Asia Pacific is expected to witness fastest growth for the global Immunofluorescence assays market owing to large patient population, rapidly growing economies and increase in research and development expenditure.

The Middle East and Africa accounts for least share due to stringent government policies and poor economies.

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Key Players       

Some of the key players for the global Immunofluorescence Assay market are Abcam plc, Thermo Fisher Scientific, BioLegend, Inc., Enzo Life Sciences, Inc., Sino Biological Inc.,BioTek Instruments,Inc., Bio-Rad Laboratories, Inc., Zyagen, Cell Signaling Technology, Inc., PerkinElmer Inc. Becton Dickinson and Company , Merck , Agilent Technologies , TCS Biosciences Ltd, Maxvision Biosciences Inc. and Others.

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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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Transradial Access Devices Market- Trends, Demand, Global Analysis and Forecast

 

Regional Analysis

The global transradial access devices market consists of regions, namely, the Americas, Europe, Asia Pacific, and the Middle East and Africa.

The Americas dominated the global transradial access devices market owing to the use of transradial access devices for detection of cardiovascular diseases along with the demand for early diagnosis. For instance, a study conducted by the Centers for Disease Control and Prevention (CDC) reported that in 2017, 2.7 to 6.1 million people in the United States have (atrial fibrillation) AFib, leading to more than 750,000 hospitalizations each year in the U.S.

The European region is the second largest for global transradial access devices due to surging cases of obesity along with the increasing number of chemotherapy procedures and growing use of radial access devices in pediatric patients. The wide scope of application for transradial access devices is a factor that is expected to be responsible for the rapid growth of the market.

The German market is expected to dominate the global transradial access devices market owing to the increase in the prevalence of target diseases coupled with the increasing number of research studies on vascular access devices in Germany.

The implementation of various healthcare reforms such as the Patient Protection and Affordable Care Act (PPACA) and high burden of Cardiovascular Diseases (CVDS) in India coupled with the increasing investments in the Asia Pacific region are the factors favoring the growth of transradial access devices in the Asia Pacific region

The Middle East and Africa is projected to show steady growth in this market due to the strengthening of the healthcare infrastructure in the Middle East and rising prevalence of cancer in Africa along with the subsequent rise in the number of chronic diseases such as cardiovascular diseases, cancer, rheumatoid arthritis, and inflammatory bowel disease.

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Segmentation

The global transradial access devices market is segmented by product, application, disease area, and end-user.

Based on product, the global transradial access devices market is classified as catheters, guidewires, sheaths and sheath introducers, accessories, and others. Catheters are further divided into cardiovascular catheters, specialty catheters, intravenous catheters, urinary catheters, and neurological catheters. Guidewires are further classified as solid guidewire and wrapped guidewire.

Based on application, the global transradial access devices market is classified as drug administration, fluid and nutrition administration, blood transfusion, and diagnostics and testing.

Based on disease area, the global transradial access devices market is classified as cardiovascular diseases, cancer, rheumatoid arthritis, ischemic stroke, endometriosis, and others.

Based on end-user, the global transradial access devices market is classified as hospitals, clinics, ambulatory care centers, and others.

Key Players

Some of the key players in the global transradial access devices market are Becton, Dickinson and Company (U.S.), Terumo Corporation (Japan), Teleflex Incorporated (US), Smiths Group Plc (UK), Edward Lifesciences Corporation (US), Medtronic Plc (Ireland), Merit Medical System, Inc. (US), Boston Scientific Corporation (US), NIPRO Medical Corporation (US), AngioDynamics (US), Ameco Medical Industries (Egypt), OSCOR Inc. (US), and others.

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

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

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

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Diabetic Retinopathy Market Trends by Top Companies 2021- Global Analysis, Demand, Size, Share and Key Growth by 2023

 Diabetic Retinopathy Market

Market Highlights

Diabetic retinopathy is an eye disease among the diabetic patients. It is of two types, namely, non-proliferative diabetic retinopathy and proliferative advanced diabetic retinopathy. Non-proliferative diabetic retinopathy is the early stage of the disease in which the blood vessels in the retina are weakened. Proliferative diabetic retinopathy is the advanced type of the disease in which the retina is deprived of oxygen due to circulation problems. Diabetic retinopathy can be diagnosed using tests such as fluorescein angiography and optical coherence tomography. The treatment involves the use of intraocular steroid injection, laser treatment, anti-VEGF therapy, vitrectomy, and others.

The market for diabetic retinopathy exhibits a potential growth with an increasing prevalence of diabetes and increasing awareness about diabetes management. Additionally, the huge demand for diagnostic tests for diabetic retinopathy also accelerates the growth of the market. The global diabetic retinopathy market is expected to grow at a CAGR of 5.2% during the forecast period.

Some of the key players in the global market are Novartis AG (Germany), Bayer (Germany), Regeneron Pharmaceuticals Inc. (U.S.), ThromboGenics (U.S.), Actavis Plc (U.K.), Sirnaomics(U.S.), Genentech (U.S.), Alimera Sciences (U.S.), Glycadia Pharmaceuticals (U.S.), Ampio Pharmaceuticals (U.S.), Kowa Group (Japan), BCN Peptides (Spain), and others.

Taste the market data and market information presented through more than 55 market data tables and figures spread over 101 pages of the project report. Avail the in-depth table of content (ToC) & market synopsis on the “Diabetic Retinopathy Market Research Report–Global forecast till 2023.”

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Major Players in the Diabetic Retinopathy Market

Regional Analysis

America is the largest market for diabetic retinopathy with an increase in the number of specialty care centers for diabetes management and availability of diagnostic and treatment services in the market. In North America, the U.S. is the market which is driven by the presence of key players in the market and increasing focus on preventive care for various chronic diseases such as diabetes, obesity, and others.

In Europe, factors determining the growth of the market are increasing the prevalence of diabetes and emphasis on continuous health monitoring and early diagnosis. Furthermore, on-going research activities are also expected to boost the market growth during the forecast period.

In Asia Pacific, the diabetic retinopathy market is expected to exhibit an upright growth in the coming future. The market growth is driven by the rising geriatric population, huge patient population, and increasing demand for treatment services for diabetes. China harbors a huge geriatric population, thereby increasing the risk of various chronic diseases such as diabetes, cardiovascular diseases, and others.

The market in the Middle East and Africa is driven by the increasing number of specialty care services in countries such as the United Arab Emirates and Saudi Arabia and the growth of the healthcare industry. In Africa, the prevalence of non-communicable diseases is found to be increasing, thereby accelerating the growth of the market.

Segmentation

The global diabetic retinopathy market is segmented on the basis of type, diagnosis, treatment, and end-user.

On the basis of type, the market is segmented into non-proliferative diabetic retinopathy and proliferative advanced diabetic retinopathy.

On the basis of diagnosis, the market is segmented into fluorescein angiography and optical coherence tomography.

On the basis of treatment, the market is segmented into laser treatment, anti-VEGF therapy, vitrectomy, and others. The laser treatment is further segmented into focal laser treatment and scatter laser treatment.

On the basis of end-user, the market is segmented into hospitals and clinics, diagnostic centers, research institutes, and others.About Market Research Future:

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

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

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

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Clinical Nutrition Market Trends 2021, Global Analysis, Key Value, Demand, Comprehensive Analysis, Growth and Forecast

 Clinical Nutrition Market-Overview

 

Clinical nutrition mainly focuses on the development of nutritional products especially for the patients suffering from chronic diseases such as diabetes, chronic obstructive pulmonary disease, gastrointestinal disorders, cancer, immune system disorders, liver and kidney diseases, and many more. Rising prevalence of chronic diseases, extensive demand for clinical nutrition therapy, and growing awareness about the use of nutritional products drive the growth of the market. Additionally, the prevalence of lifestyle diseases such as obesity, and addiction to smoking and alcohol also stimulate the market growth. The market is expected to show flourishing growth in developing regions of Asia Pacific owing to a rising economic burden of chronic diseases and increasing demand for nutritional supplements. Clinical nutrition is now becoming an important field of interest, due to increase important of nutrition to be provided to the patient during his/her stay at the hospital as well as at home. Quality of products offered by the company determines the quality goals and efficiency that can be achieved so as to attract more and more customers, and increase in the sale of nutritional products. The products are needed to be manufactured through quality assurance and quality control market, thus sustaining the position in the market. Therefore, the company should strive to develop qualitative products to attract more and more customers, and enhance its growth.

 

Key players in the Clinical Nutrition Market:

 

Abbott (U.S.), AYMES Nutrition International Ltd. (U.K), NeoMed (U.S.), Baxter International (U.S.), Danone (France), B. Braun Melsungen AG (Germany), Mead Johnson & Company, LLC. (U.S.), Nestlé Health Science (Switzerland), Nutricia Advanced  Clinical nutrition (Netherland), Primus Pharmaceuticals (U.S.), Inc., Solace Nutrition (U.K) and others. The major players focus on the development of products useful for particular segment such as nutritional products for adults, children and geriatric population. The major players focus on the development of products useful for particular segment such as nutritional products for adults, children and geriatric population.

 

Key Developments:

 

Strategic approaches adopted help the major players in the market to sustain their growth and develop their business in various geographical areas across the globe. Agreements and collaborations, mergers and acquisitions, and new product launches are various strategies followed by the key players. This help the companies to reach untapped markets in developing nations of the worlds, thus reducing the supply demand gap. The companies develop number of nutritional products for patients, addressing their according to the disease condition.

 

Danone:

 

Danone is a French multinational food-products company in France. The company introduced, SYNEO which is the first and only hypoallergenic formula containing prebiotics as well as probiotics for the infants suffering from cow’s milk allergy, multiple food allergies, and related gastrointestinal conditions.

Nestlé Health Science:

 

In October, 2015, Nestlé Health Science has announced its collaboration with GE Healthcare to improve nutrition monitoring for critically-ill patients. RESOURCE, BOOST, PRONOURISH are some of the major product of the company.

Nestlé Health Science has acquired Vitaflo headquartered in UK to establish a foothold in the fast-growing market for uniquely formulated products. It has 2nd largest market in US and 1st in Canada.

In 2015, Nestlé Health Science acquired Phagenesis, a UK-based company developing Phagenyx, an innovative pharyngeal electrical stimulation device to treat dysphagia.

In July, 2015: Nestlé Health Science signed with Seres Therapeutics’ novel class of microbiome therapeutics (Ecobiotics) an exclusive agreement outside the United States and Canada for in the fields of Clostridium difficile infections and Inflammatory Bowel Disease (IBD).

Abbott Nutrition:

 

Abbott manufactures, and sales enormous clinical nutrition products for adult, infant & new mother, infant & new mother, sports & active living, and therapeutic use. The company supplies these nutrition products under various brand names such as Similac, PediaSure, Pedialyte, Ensure, ZonePerfec, EAS, and Glucerna. The company focuses on healthy diabetes, malnutrition, and heart health.

June, 2016: Abbott launched new EAS Protein Shakes, Powders and Bars especially for the Athletes with an aim of fuelling their Lifestyles, improving strength, and enhance their performance. The company strives to provide clinically proven nutrition for health-conscious individuals and athletes at every stage of their development, from beginner to professional.

April, 2016: Abbott Launched EAS Myoplex Sports Nutrition Line for designed for performance. The product form new line are Myoplex Pre-Workout, Myoplex BCAA + Electrolytes, Myoplex Protein Blend, and Myoplex Micellar Casein.

Research in Clinical Nutrition by Key Players:

 

Abbott:  A research carried out by University of Illinois and Abbott at the Centre for Nutrition, Learning and Memory discovered that children with higher lutein levels in the eye tend to do better on tests of cognition and academic achievement. This help Abbot to understand the role of nutrition on childhood cognition, which will further help the company to develop product providing maximum benefits children enhancing their cognitive abilities.

 

Therefore, the market is driven by availability of numerous nutritional products, strategic approaches, and geographical expansion by key players.

 

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Gene Editing Market Sales, Challenges, Business Revenue, Statistics, Size, Share, Key Players, Demand and COVID-19 Impact

 Global Gene editing Market - Overview

Genes control heredity and offers the basic biological code to define the specific function of cell. Cells have unique process to defend themselves from attack from bacteria, viruses and fungi. Gene editing is bimolecular technique for targeted modification of DNA, including genetic materials of animals, plants and humans. In the process of gene editing the DNA is inserted, deleted or replaced in the genome of an organism for the treatment of particular diseases.

Due increasing prevalence of sickle cell anemia, HIV, hemophilia and several forms of cancer the growth of the market is increasing rapidly. Further, rising demand for synthetic genes and increase in the production of genetically modified crops are influencing the growth of growth of the market. The global gene editing market is expected to gain prominence over the forecast period growing rapidly. The market is forecasted to demonstrate a high growth by 2017. The global gene editing market is expected to grow at a CAGR of 18.30% during assessment period of 2017-2024.

Moreover, the market for gene editing is growing at a robust rate due to growing government support and investment in life science industries. Furthermore, increasing research spending in America and Europe has driven the market in these regions.

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Global Gene editing Market - Competitive Analysis

Characterized by the presence of several well-established and small players, the global market of gene editing appears to be highly competitive and fragmented. With well-established market in the North America region major companies like Thermo Fisher Scientific Inc, Sigma-Aldrich Corporation, New England Biolabs, Genscript Biotech Corporation, Integrated DNA Technologies, Inc and various others have their home in the region and generate maximum market share. These companies have expanded their operating unit in various other emerging regions as well. Moreover, the other small and medium scale players are generating revenue from local market.

Thermo Fisher Scientific Inc. an American international biotechnology company founded in 2006 by the merger of Thermo Electronic and Fisher Scientific. In Feb 2014, the company announced the complete acquisition of Life Technology Corp for USD 76.13 Billion. Life Technology Corp is a global leading player in genetic testing and precision laboratory equipment. New instruments in Gene editing technology are Ion S5 sequencing systems, Sanger sequencing, QuantStudio family, QuantiGene Plex Assay, QuantiGene Singleplex Assay and QuantiGene Singleplex HT Assay. This acquisition will help the company create unrivalled control in serving research, life sciences, specialty diagnostics and applied markets.

Global Gene Editing Market - Regional Analysis

Global gene editing market is segmented on the basis of geographies or regions which mainly includes North America, Europe, Asia Pacific, and Middle East & Africa. North America is dominating the global market for gene editing with more than 40% share of the total market in 2016. The major factors influencing the growth of the market include due to increasing use of gene editing in for the use of gene therapy, high incidence of cancer and neurological disorders like Alzheimer’s, dementia. Increasing awareness for the use of stem cells furthermore contribute influence the growth of market in Americas.

Asia-Pacific is expected to be the fastest growing market in coming future due to increasing population and rising development in biotechnology sector. This region is presenting huge opportunities in gene editing market due to the rapid development of major genome editing companies and increased R&D spending. Majorly India and China are the key contributors in this market. Globally, India is among the top 12 biotech nations and ranked third in the Asia Pacific region. India has the second-largest number of the U.S. Food and Drug Administration (USFDA)–approved plants, after the United States. The Indian biotech industry accounted for about 2% market share for the global biotech industry. In India the biotechnology industry has more than 800 companies. India contributes around 8% of total global generics market. This factors are driving to increase growth of the market tremendously in this region.

The Middle East & Africa holds the least share of the global market due to limited availability of biotechnology facilities. The UAE, Saudi Arabia, and Kuwait are expected to drive the Middle East & African market. Whereas, the African region is expected to witness a moderate growth.

GenScript USA Inc. (U.S.), Horizon Discovery Group plc (U.K.), Integrated DNA Technologies, Inc. (U.S.), Lonza Group Ltd. (Switzerland), New England Biolabs, Inc. (U.S.), OriGene Technologies, Inc. (U.S.), Sangamo Biosciences, Inc. (U.S.), Sigma-Aldrich Corporation (U.S.), Thermo Fisher Scientific, Inc. (U.S.), and Transposagen Biopharmaceuticals, Inc. (U.S.) are some of the prominent players at the forefront of competition in the Global Gene editing Market and are profiled in MRFR Analysis.

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 Blog: https://healthcarenews12.blogspot.com/