News: Compression Therapy Market Size, Share and Research Report by 2023

 

Compression therapy is a process to increase blood flow over a certain area by strengthening vein support. It can apply pressure to arms and legs by wearing specially designed stockings. Benefits of compression therapy include reduced soreness, low muscle recovery time, and increased blood flow and articulation. The global compression therapy market report by Market Research Future (MRFR) outlines several factors, drivers, and drawbacks for the period between 2018 and 2023 (forecast period).

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Compression Therapy Market Outlook

The global compression therapy market is expected to expand in size by exhibiting a CAGR of 5.2% during the forecast period. Rising prevalence of vein disorders such as varicose veins is likely to drive the market growth. Increasing cases of arthritis can work in favor of the market demand. According to the Centers for Disease Control & Prevention (CDC), close to 54.4 million adults were reportedly afflicted with some form of arthritis from 2013-2015.

Various iterations of compression garments ranging from bandages to devices which can alleviate the pain levels of patients as well as the extension of the process to other diseases can augur well for the global compression therapy market. Furthermore, patient awareness of the therapy, increasing cases of sport injuries and accidents, and a large patient pool are other factors which can spur the market growth.

But availability of alternative therapies, paucity of standards of compression products, and low patient compliance may impede the market growth.

Compression Therapy Market Segmentation Analysis

The global compression therapy market is segmented based on technique, product, application and region.

The global market for compression therapy, by technique is segmented into static compression therapy and dynamic compression therapy.

The market, by product, is segmented into compression garments, compression pumps and compression braces. The compression garments segment is further classified as compression stockings, compression bandages & wraps and others.

Based on application, the market is segmented into varicose vein treatment, deep vein thrombosis treatment, lymphedema treatment, leg ulcer treatment and others.

Compression Therapy Market Regional Analysis

The Middle East & Africa (MEA), Americas, Europe, and Asia Pacific (APAC) are major regions in the global Compression Therapy Market.

The Americas is expected to dominate the global market due to the presence of various vein disorders and the large susceptible geriatric population. Presence of reputed market players launching new products, reimbursement plans, and growing healthcare awareness in economies of Canada and the U.S. are other drivers which can be lucrative for the compression therapy market in the region.

Europe will assume the second position in the global market due to various cases of leg ulcers and heavy investments in research and development in devices to provide relief to patients with orthopedic pain. According to the Burns & Trauma Journal report of 2018, venous ulcers are a common problem with the condition prevalent to nearly 3% of the regional population above 65 years of age.

The APAC region is predicted to showcase the fastest growth due to the expansion plans of the regional healthcare sector, large healthcare budget, and penetration of international market players. For instance, Australia spent close to USD 181 billion on health alone for the period between 2016-2017. Initiatives to lower the price of products to make it affordable to customers and the rising expendable income levels of patients can play a pivotal role for the global compression therapy market.

Compression Therapy Market Competitive Outlook

Tactile Medical, Paul Hartmann AG, DJO Global Inc., Sigvaris, 3M, Sanyleg S.R.L., Cardinal Health, Inc., Getinge AB, BSN Medical, Medi GmbH & Co. Kg, Medtronic PLC, Convatec Inc., Smith & Nephew PLC., Bio Compression Systems, Inc., Juzo, and others are reputed companies currently operating in the global compression therapy market.

Industry Update

The Wave Company has developed an electronic muscle stimulation (EMS) suit which can reduce fatigue levels using kinesiology taping. The suit known as WaveWear will be available on Kickstarter for commoditization. Known uses of the suit include pain reduction, posture correction, and injury prevention.

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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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Compression Therapy Market Analysis By Top Leaders 2020- Global Industry Growth By Size, Share, Revenue And Value Chain, Emerging Technologies Future Trends and Growth Opportunities Up To 2023

Augmented Reality in Healthcare Market Trends, Demand, Growth by 2023

Overview:

 

The global report by Market Research Future (MRFR) market analysts on the augmented reality in the healthcare market revealed a possibility of scaling USD 1.32 billion with a 23% CAGR during the forecast period of 2018 to 2023. The growth of this market would depend on various factors, including the hike in investment for research and development area, initiatives taken by governments and private bodies, rise in the demand for telemedicine, better app support, growing digitalization, and others. However, the market is yet to reach a substantial potential as several aspects of it are still to be explored. 

 

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Segmentation:

 

The global report containing details of the augmented reality in the healthcare market has been segmented by MRFR experts into device type, component, and application to inspire a better understanding of the market. 

 

By component, the report of the augmented reality in the healthcare market has been segmented into software, hardware, and others. The hardware segment encompasses cameras, displays and projectors, position trackers, sensors, and others. 

 

By device type, the global report on the augmented reality in the healthcare market has been segmented into a handheld device, head-mounted display, and others. 

 

By application, the recent market study includes segments like medical training and education, fitness management, and others. The fitness management segment has substantial opportunities to inspire better revenue-generation. 

 

Regional Analysis:

 

The Americas would enjoy the upper hand in the market as several of the app developers are from this region. In North America, the market would discover various growth pockets, especially in the US and Canada. Their financial influx and infrastructural superiority would help the market in growing faster. 

 

Competitive Analysis:

 

DAQRI (U.S.), Mindmaze (Switzerland), Google LLC. (U.S.), Microsoft Corporation (U.S.), Medical Realities (U.K), Atheer (U.S.), Osterhout Design Group (U.S.), Wikitude GmbH (Austria), CAE Healthcare (U.S.), Philips Healthcare (Netherlands & U.S.), Siemens Healthineers (Germany), Magic Leap, Inc. (U.S.), Augmedix (U.S.), Oculus VR (U.S.), VirtaMed (Switzerland), HTC (Taiwan), 3D Systems (U.S.), Blippar (U.K), and Virtually Better (U.S.), are companies involved in the augmented reality in the healthcare market. These companies invest their strength in building resources that would help in the triggering growth for the market. The process relies on strategic expertise and implementation of methods like mergers, acquisitions, innovations, product launch, partnerships, and others—these help in creating scopes for expansions. MRFR’s attempt to record the recent changes in the market is expected to create better opportunities for players to devise their strategies. 

 

Industry News:

 

The recent crisis related to COVDI-19 has inspired substantial changes in the healthcare sector. The industry in now more eager to adopt methods that would reduce the number of hospitals or clinic visits to curb the scopes of contraction of the disease. This requires a proper study of how digital media can help in better diagnosis. This would involve physicians and nurses. But the process would also require a certain level of knowledge regarding how to make the best of it from a patient’s perspective. Hence, combined participation is getting encouraged by certain factions to avoid any discrepancies later. 

 

In June 2020, MARUX announced that they had filed a provisional patent application with the US Patent and Trademark Office. The application is covering areas including artificial intelligence, machine learning, and extended/cross-reality that would serve the Company's remote medical diagnostics and remote monitoring application. The process would involve medical care and services regarding the internet of health things (IoHT). This would also help in gathering data and then using its potential to initiate various researches. 

 

read Complete Report With Covid19 Impact @ https://www.marketresearchfuture.com/reports/augmented-reality-in-healthcare-market-5236 

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 – 411028Overview:

 

The global report by Market Research Future (MRFR) market analysts on the augmented reality in the healthcare market revealed a possibility of scaling USD 1.32 billion with a 23% CAGR during the forecast period of 2018 to 2023. The growth of this market would depend on various factors, including the hike in investment for research and development area, initiatives taken by governments and private bodies, rise in the demand for telemedicine, better app support, growing digitalization, and others. However, the market is yet to reach a substantial potential as several aspects of it are still to be explored. 

 

Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/5236 

 

Segmentation:

 

The global report containing details of the augmented reality in the healthcare market has been segmented by MRFR experts into device type, component, and application to inspire a better understanding of the market. 

 

By component, the report of the augmented reality in the healthcare market has been segmented into software, hardware, and others. The hardware segment encompasses cameras, displays and projectors, position trackers, sensors, and others. 

 

By device type, the global report on the augmented reality in the healthcare market has been segmented into a handheld device, head-mounted display, and others. 

 

By application, the recent market study includes segments like medical training and education, fitness management, and others. The fitness management segment has substantial opportunities to inspire better revenue-generation. 

 

Regional Analysis:

 

The Americas would enjoy the upper hand in the market as several of the app developers are from this region. In North America, the market would discover various growth pockets, especially in the US and Canada. Their financial influx and infrastructural superiority would help the market in growing faster. 

 

Competitive Analysis:

 

DAQRI (U.S.), Mindmaze (Switzerland), Google LLC. (U.S.), Microsoft Corporation (U.S.), Medical Realities (U.K), Atheer (U.S.), Osterhout Design Group (U.S.), Wikitude GmbH (Austria), CAE Healthcare (U.S.), Philips Healthcare (Netherlands & U.S.), Siemens Healthineers (Germany), Magic Leap, Inc. (U.S.), Augmedix (U.S.), Oculus VR (U.S.), VirtaMed (Switzerland), HTC (Taiwan), 3D Systems (U.S.), Blippar (U.K), and Virtually Better (U.S.), are companies involved in the augmented reality in the healthcare market. These companies invest their strength in building resources that would help in the triggering growth for the market. The process relies on strategic expertise and implementation of methods like mergers, acquisitions, innovations, product launch, partnerships, and others—these help in creating scopes for expansions. MRFR’s attempt to record the recent changes in the market is expected to create better opportunities for players to devise their strategies. 

 

Industry News:

 

The recent crisis related to COVDI-19 has inspired substantial changes in the healthcare sector. The industry in now more eager to adopt methods that would reduce the number of hospitals or clinic visits to curb the scopes of contraction of the disease. This requires a proper study of how digital media can help in better diagnosis. This would involve physicians and nurses. But the process would also require a certain level of knowledge regarding how to make the best of it from a patient’s perspective. Hence, combined participation is getting encouraged by certain factions to avoid any discrepancies later. 

 

In June 2020, MARUX announced that they had filed a provisional patent application with the US Patent and Trademark Office. The application is covering areas including artificial intelligence, machine learning, and extended/cross-reality that would serve the Company's remote medical diagnostics and remote monitoring application. The process would involve medical care and services regarding the internet of health things (IoHT). This would also help in gathering data and then using its potential to initiate various researches. 

 

read Complete Report With Covid19 Impact @ https://www.marketresearchfuture.com/reports/augmented-reality-in-healthcare-market-5236 

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.

 

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.

 

Cardiac Monitoring and Cardiac Rhythm Management Device Market- Trends, Demand , Report and Forecast

 A cardiac monitoring device enables the observing of a patient’s cardiac activity. A cardiac rhythm management device maintains a normal cardiac rhythm in patients suffering from irregular heart rate and rhythm disorder. According to the analysis conducted and the latest report published by MRFR, the global cardiac monitoring and cardiac rhythm management device market are estimated to record a 4% CAGR during the forecast period. Many factors are leading the global market for cardiac monitoring and cardiac rhythm management devices through the review period.

Some of these factors include the increasing cardiac disorders, changing lifestyles, as well as, technological advancements in cardiac devices. Further, the rising awareness towards cardiac disorders and healthcare programs is contributing heavily to the unparalleled growth witnessed by the global cardiac monitoring and cardiac rhythm management device market. The increasing unmet medical needs in developing and underdeveloped economies have also led to the proliferating adoption of cardiac monitoring and cardiac rhythm management devices in different healthcare organizations and hospitals. The development of new MRI-labeled devices and the economic development in Asia Pacific are likely to drive the cardiac monitoring and cardiac rhythm management device market to a great extent. 

Further, increasing technical advancements observed in the drug-eluting, MRI compatible pacemakers, and Holter monitors are some other factors pushing the cardiac monitoring and cardiac rhythm management device market during the forecast period. Intensifying demand for minimally invasive surgeries is correspondingly witnessed to drive growth in the cardiac monitoring and cardiac rhythm management device market. However, some factors are posing as hindrances in the growth of the global cardiac monitoring and cardiac rhythm management device market. Some of the factors refraining the market from growing include stringent regulatory approval procedures, high cost of cardiac devices, and the lack of reimbursement policies in developing countries.

Market Segmentation

The global cardiac rhythm management and cardiac monitoring device market has been analyzed for various segments. Such segmentation has been carried out on the basis of type, end-users, and region. On the basis of type, the global cardiac monitoring and cardiac rhythm management device market has been segmented into cardiac devices, types of cardiac monitoring devices, and types of cardiac rhythm management devices. Further, the types of cardiac devices segment is further segmented into pacemaker, implantable cardioverter defibrillator, biventricular pacemaker, loop recorder, and implantable cardiac. 

The types of cardiac monitoring devices segment has been further sub-segmented into electrocardiogram (ECG), Holter monitor, implantable loop recorder, event monitor, and cardiac output monitoring devices. The Electrocardiogram segment is further sub-segmented into telelectro-cardiogram, lead ECG test, and wireless ECG. 

The segment for cardiac rhythm management devices has been sub-segmented into defibrillators, cardiac resynchronization, therapy devices, and pacemakers. The defibrillators segment is further sub-segmented into implantable defibrillators and external defibrillators. Based on end-users, the global cardiac monitoring and cardiac rhythm management device market is segmented into ambulatory surgeries and hospitals.

Detailed Regional Analysis

The global cardiac monitoring and cardiac rhythm management device market has been studied for the regional segments of the Americas, Europe, Asia Pacific, and the Middle East & Africa. North America is likely to govern the global cardiac monitoring and cardiac rhythm management device market during the forecast period. Increasing investments by North America in cardiac devices in the last few years has contributed heavily to the ascension of the market in the region. A rising number of cardiac patients, better healthcare infrastructure, and advanced cardiac monitoring technology are also estimated to drive the market to a great extent. 

Asia Pacific is expected to garner fastest market growth during the assessment period due to the swelling prevalence of cardiac diseases, mounting investments in healthcare, increasing geriatric population, and the expansion of market players in the region. Asia Pacific is likely to create new growth avenues for cardiac monitoring and cardiac rhythm management device market owing to the production of cost-effective products that are highly demanded in local and global markets.  

Key Players

Some of the prominent players in the cardiac monitoring and cardiac rhythm management device market include Abiomed, Brotionik SE and Co. KG, Berlin Hearth, Cardiac Science Corporation, Boston Scientific Corporation, General Electric(GE), Jarvik Hearth. Inc, Koninklijke Philips N.V, Hill Rom Services Inc, LivaNova plc, Nihon Kohden Corporation, ReliantHeart Inc, Medtronic plc, Schiller, and Abbott.

Industry Update

May 2019: Abbott announced the launch of their latest, smarter heart monitor for better arrhythmia detection. The next-generation Confirm Rx insertable cardiac monitor (ICM) is a paper-sized implantable device that combines smartphone connectivity and can be monitored remotely to track unpredictable hearth rhythm problems.  

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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:

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Maharashtra, India

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

Medical Second Opinion Market Demand Forecast, Business Revenue, Statistics, Growth, Investment Opportunities, Challenges, Sales, Developments and Impact of COVID-19

Market Highlights

According to MRFR analysis, Global Medical Second Opinion Market is expected to register a CAGR of 15.8% during the forecast period of 2020 to 2027 and reach USD 9751.58 Million by 2027.

A second opinion is the practice of a patient seeking an alternate evaluation of his/her diagnosis and course of treatment by another, or a few other specialist doctors to confirm the diagnosis and validate their treatment.

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The growth of medical second opinion can be contributed to the growing need for guidance, high demand for the second opinion due to outbreak of COVID 19, increasing need to improve diagnosis and treatment planning, and increased instances of medical errors. According to the Centers for Disease Control and Prevention, 2017 US report, the number of deaths due to diabetes reached 83,564. To overcome this, improvement in diagnosis and treatment is needed which is expected to drive the medical second opinion market globally.

Furthermore, the involvement of financial, health, and legal costs, reduction in costs and ease of interaction of medical services, and health insurance are also expected to fuel the market growth during the forecast period.

However, the lack of complete knowledge and changes in economic strategies in developing countries is expected to hamper the growth of the global medical second opinion. In India, there is a lack of knowledge in the healthcare industry due to the shortage of doctors, clinics, hospitals, nurses leading to reduce in second opinion services for patients. 

Several market players such as SecondOpinionExpert, Inc., Cleveland Clinic MyConsult, and 2nd MD, among others currently dominate the global medical second opinion market.

 

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas region held the largest market, owing to the increasing need to improve diagnosis in the region. The medical second opinion market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European second opinion market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, Italy, Spain, the UK, and the rest of Western Europe. The second opinion market in Asia-Pacific has been segmented into Japan, China, India, Australia, South Korea, and the rest of Asia-Pacific. Due to the increasing chronic diseases, the market in Asia-Pacific is expected to be the fastest-growing. The medical second opinion market in the Middle East & Africa has been divided into the Middle East and Africa. In 2018, UAE’s Healthcare sector partnered with leading US institutions aiming to facilitate US companies in the phase of the UAE healthcare development by providing information about the Emirati healthcare sector and the potential UAE partners for developing the healthcare sector.

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Segmentation

The global medical second opinion market has been segmented based on services, providers, applications, and sources of services.

Based on the services, the global medical second opinion has been segmented into medical condition management, post-acute care nursing, and medical peer review services. The medical condition management is expected to hold the largest market share for a different medical second opinion.

On the basis of providers, the market has been segmented into hospital physicians/specialties, online physicians portal, medical second opinion companies, and health insurance companies. The medical second opinion companies are expected to hold a major market share.

Based on application, the market has been segmented into cancer, diabetes, cardiac disorders, neurological disorders, respiratory disorders, and ocular disorders. The medical second opinion is more applicable in the case of cancer because of a substantial increase in the number of cases across different countries.

The market based on source of service has been segmented into in-house and outsourced.

Key Players

 

Some of the key players in the global medical second opinion market are SecondOpinionExpert, Inc., (California), DoctorSpring (California), 2nd MD (Houston), Cleveland Clinic MyConsult, Partners Healthcare, HCA Hospitals (US), Teladoc Health, Inc., (US), Amradnet (US), Johns Hopkins Medicine, XMRI.COM.

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:

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Medical Imaging Market- Trends, Report, Global Analysis to forecast

Market Highlights

 

Global Medical Imaging Market is estimated to be valued at USD 45,719.65 Million by 2025 and is expected to register a CAGR of 6.52% during the forecast period.

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Imaging systems play a major role in the primary screening of any disease. Medical imaging systems help in the diagnosis,treatment selection, and monitoring of the progress of the treatment. The increasing strategic joint ventures between prominent players, rise in research and development activities focusing on advancements in imaging devices, and increasing awareness about disease diagnostics are driving the global medical imaging market. However, the shortage of trained professionals, the inability of healthcare organizations to purchase expensive imaging systems, and the high cost of high-end imaging devices are expected to hamper the growth of this market.

 

Regional Analysis

Geographically, the global medical imaging market has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. As per MRFR analysis, the Americas was the largest market for medical imaging in 2018 and is expected to remain dominant during the review period. The existence of medical imaging system companies and the rising prevalence of chronic diseases, funding by organizations for research, along with increased adoption of diagnostic tests by the patients are boosting the market growth in the American region. The National Cancer Institute (NCI) funded USD 5,636.4 million in 2017 from USD 5,206.2 million in 2016 for various research areas in cancer.

 

Europe would follow the Americas in terms of value during the forecast period owing to the presence of favorable government initiatives and laws, and target population base, rising prevalence of lifestyle-associated conditions, and increasing adoption rate of imaging devices. For instance, in 2018, Europe accounted for 23.4% of the global cancer cases and 20.3% of the cancer deaths, though it holds only 9.0% of the global population.

Asia-Pacific is expected to exhibit the fastest market growth from 2019 to 2025 owing to the increasing per capita health spending, growing older population base, developing the healthcare sector in China, India, and Australia, a defined regulatory framework enabling accelerated product approvals, and diagnostic process at comparatively lower prices.

The Middle East and Africa are expected to represent a modest market growth from 2019 to 2025. The Middle East would hold a substantial market share over the assessment period due to developing healthcare infrastructure, booming medical tourism, the budding medical device industry.

 

Segment Analysis

The Global Medical Imaging Market has been segmented on the basis of modality, application, and end-user. The market, based on modality, has been divided into x-ray systems, magnetic resonance imaging (MRI), ultrasound systems, computed tomography (CT), and nuclear imaging. The global medical imaging market, based on application, has been categorized into cardiology, oncology, neurology, and others. The global medical imaging market, by end-user, has been classified as hospitals and clinics, diagnostic centers, academic institutes, and research organizations.

 

 

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Key Players

Market Research Future (MRFR) recognizes Koninklijke Philips N.V. (Netherlands), Siemens AG (Germany), Analogic Corporation (US), Canon Medical Systems Corporation (Japan), Carestream Health (US), CMR Naviscan (US), General Electric Company (US), Esaote S.p.A (Italy), FUJIFILM Holdings Corporation (Japan), Hitachi Ltd (Japan), Hologic, Inc. (US), Medtronic PLC (Ireland), Samsung (South Korea), Shenzhen Mindray Bio-Medical Electronics Co., Ltd (China), Shimadzu Corporation (Japan), Koninklijke Philips N.V. as the key players in the global medical imaging market.

Key Findings of the Study

The global medical imaging market is projected to reach over USD 45,719.65 million by 2025 at a 6.52% CAGR during the review period of 2019 to 2025.

 

The US held a market share of 86.9% in 2018. Initiatives of major players are likely to drive the growth of this segment at a steady rate. For instance, in July 2019, FUJIFILM Holdings Corporation (Japan) opened a new headquarter office in Lexington, Massachusetts, US.

 

Based on modality, the x-ray systems segment accounted for the largest market share of 31.1% in 2018.

 

Based on the application, the cardiology segment accounted for the largest market share of 35.1% in 2018.

 

On the basis of end-user, the hospitals and clinics segment accounted for the largest market share of 47.9% in 2018.

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/

 

 

Antibiotic Resistance Market- Trends, Global Demand, Report and Forecast

 

Market Highlights

According to MRFR analysis, Antibiotic Resistance Market is expected to register a CAGR of 5.8% during the forecast period of 2019 to 2025 and was valued at USD 8,120 Million in 2018.

Antimicrobial resistance occurs when microorganisms such as bacteria, viruses, fungi, and parasites change when they are exposed to antimicrobial drugs. Antibiotic drugs include antibiotics, antifungals, antivirals, antimalarials, and anthelmintic.

The growth of global antibiotic resistance market is driven by various factors such as -      Rising antibiotic drug resistance infections, rise in the incidence of chronic and infectious disease, increase in clinical developments of antibiotic resistance, and rise in global initiatives to control drug-resistance

Several market players currently dominate the global antibiotic resistance market. The key players are involved in product launches and strategic collaborations to strengthen their market positions.

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is expected to be the largest market owing to the rising growth in the pharmaceutical sector. The antibiotic resistance market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European antibiotic resistance market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The antibiotic resistance market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Increasing healthcare expenditure has boosted the growth of the antibiotic resistance market; the market in Asia-Pacific is expected to be the fastest-growing. The antibiotic resistance market in the Middle East & Africa has been divided into the Middle East and Africa.

Segmentation

The Global Antibiotic Resistance Market has been Segmented Based on Drug Class, Disease, Pathogen, and End User.

The market, based on drug class, has been divided into cephalosporins, Combination therapies, tetracyclines, lipoglycopeptides, oxazolidinones, and others. The combination therapies segment is likely to be the largest growth during the review period due to the increased usage of these therapies for gram-negative infections. Additionally, it has minimal treatment options available with the increasing demand for antibiotic resistance, thus driving the growth of this segment.

 The global antibiotic resistance market has been bifurcated, based on disease, into complicated urinary tract infections, bloodstream infections, complicated intra-abdominal infections, clostridium difficile infections, acute bacterial and skin structure infections, hospital-acquired bacterial pneumonia/ventilator, community-acquired bacterial pneumonia, and others. The complicated urinary tract infections segment is expected to hold the majority share of the market as urinary tract infections (UTIs) are one of the most common types of infections. Additionally, there were around 1,045 patients affected by UTI.

 

The global antibiotic resistance market has been segmented based on pathogen into staphylococcus aureus, streptococcus pneumoniae, acinetobacter, enterococcus, Hemophilus influenzae, pseudomonas aeruginosa, clostridium difficile, K. pneumoniae, campylobacter, and others. K. pneumoniae is expected to be the fastest segment owing to the increasing K. pneumoniae. Moreover, there were around 212,500 infection cases per year and about 70 deaths every year which would eventually drive the growth of the antibiotic market in this segment.

 

The end user segment of the antibiotic resistance market includes hospitals & clinics, research organizations, and others. The hospitals & clinics segment is expected to hold the largest share of the market as the majority of treatments and procedures are carried out in hospitals, which ultimately increases the usage of antibiotic resistance drugs in the antibiotic resistance market. As a result, this drives the growth of the antibiotic resistance market.

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Key Players

Some of the Key Players in the Global Antibiotic Resistance Market are Achaogen, Inc. (US), MELINTA THERAPEUTICS, INC. (US), Nabriva Therapeutics plc (Ireland), PARATEK therapeutics (US), Seres Therapeutics (US), Theravance Biopharma (UK), Tetraphase Pharmaceuticals (US), Basilea Pharmaceutica Ltd. (Switzerland), Entasis Therapeutics (US), NEMESIS BIOSCIENCE LTD (UK), Procarta Biosystems (England), and Allecra Therapeutics (US)

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