Coma Diagnosis & Treatment Market: Emerging Technologies, Competition & Strategies of Key Players, Regional Analysis and Forecast By 2023

 Market Highlights

There is no particular treatment that can cause someone to come out of a coma and treatments can prevent further physical and neurological damage. However depending on the cause of a coma, patient who are continuosly in this state for more than one year are extremely unlikely to awaken.

Over the last decade, the number of hospitals has increased to a great extent, which has influenced the growth of the market positively. Moreover, increasing demand for better treatment and changing reimbursement policies have fueled the market growth.

Increasing prevalence of neurological/brain disorder like epilepsy, rising need for better treatment, increasing investment of biotechnology and pharmaceutical industries in R&D, and availability of funds drive the growth of the market. Moreover, increasing government support for research & development, changing lifestyle, and rapid development in technology will fuel the market growth during the forecast period. On the other hand, higher cost of the treatment procedure may slow the market growth during the review period.

The global coma diagnosis & treatment market is expected to grow at a CAGR of ~7.1% during the forecast period 2017-2023.

Regional Analysis

The Americas dominate the global coma diagnosis & treatment market owing to the presence of huge patient population, high health care spending, and increasing government support for research & development.    

Europe holds the second largest share of the global market. The increasing focus of various government agencies on treating various brain disorders or brain injuries such as epilepsy, and depression will have a positive impact on the growth of the market. The growing public awareness will boost the adoption of these devices in the European market. 

Asia Pacific is the fastest growing coma diagnosis & treatment market across the globe. Japan holds the major share of the regional market due to availability of technology and huge healthcare spending. Rapidly developing economy, increasing healthcare expenditure, and government initiatives for research & development will drive the market in China and India over the assessment period.     

The Middle East and Africa hold the least share of the global market due to limited availability of medical 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. 

You can also Read @ https://www.medgadget.com/2018/08/coma-diagnosis-and-treatment-market-anticipated-to-witness-noteworthy-growth-in-the-coming-years.html

Segmentation

The global coma diagnosis & treatment market is segmented on the basis of types, diagnosis, treatment, and end user. On the basis of the type, it is segmented into toxic- metabolic encephalopathy, anoxic brain injury, persistent vegetative state, locked-in syndrome, and brain death. On the basis of diagnosis it is segmented into physical examination, blood test, brain scans, and others. Brain scan is further segmented into computerized tomography (CT) scan, magnetic resonance imaging (MRI) and electroencephalography (EEG). On the basis of treatment it is segmented into medical treatment, and others. On the basis of the end user, it is segmented into hospitals & clinics, research laboratories and others.

Key Players

Some of key the players in the market are Fujifilm Holdings (Japan), GE Healthcare (U.S.), Siemens Healthcare(U.S.), Philips Healthcare (U.S.), Shimadzu Corporation (Japan), Toshiba Medical Systems Corporation (Japan),            Carestream Health (U.S.), Nihon Kohden Corporation (Japan), Electrical Geodesics Inc. (U.S.), Masimo Corporation (U.S.), Hologic (U.S.), Esaote (Italy), 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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Phototherapy Market Analysis, Industry Growth, Demand, Size, Share, Opportunities and Regional Forecast 2027

 Phototherapy Market Analysis 

The global phototherapy market is eyeing for a prodigious growth at a stellar 4.6% CAGR over the predicted years (2017-2023). Phototherapy or light therapy includes skin exposure to ultraviolet (UV) light under medical supervision. Some of the most widely used phototherapy techniques include Psoralen + UVA (PUVA), narrow-band UVB (NBUVB) and Ultraviolet A (UVA)/NBUVB (together). The phototherapy technique used will rest on the skin condition type. This treatment uses special light which helps to increase the production of vitamin D, calm inflammation, reduce itch, ramp up the bacteria-fighting systems and also treat various skin diseases namely jaundice, vitiligo, psoriasis, dermatitis, eczema and others. Apart from this, phototherapy is also used to treat newborns that suffer from jaundice. During this procedure the neonates will be exposed towards the fluorescent light that will help them in recovering faster. 

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There are several factors that is propelling the growth of the phototherapy market These factors according to the Market Research Future (MRFR) report include increasing cases of neonatal jaundice, increasing incidences of people having skin diseases, availability of products that are technologically advanced, increasing use of phototherapy equipment that is LED-based, increasing awareness amid patients concerning advanced treatment options, improved infrastructure and healthcare service, introduction of home use phototherapy equipment, growing urbanization, changing lifestyle, increasing investments in research and development activities and ample benefits of phototherapy. On the contrary factors such as strict regulatory policies for new device approval, significant utilization of alternative treatment mode, unmet medical needs and risks associated in the treatment may impede the growth of the phototherapy market. The risks that are associated to this treatment include childhood seizures, cataracts from inadequate eyewear at the time of the treatment, nausea and headache with PUVA treatment, melanoma, skin aging and sunburn. 

Phototherapy Market Segmentation

Market Research Future report offers a comprehensive segmental analysis of the phototherapy market on the basis of devices, indication and end-user. 

Based on devices, it is segmented into fiber-optic band, fiber-optic blanket, firefly and others. 

Based on indication, the phototherapy market is segmented into jaundice, skin diseases and others. The skin disease is further segmented into vitiligo, psoriasis and others. Of these, skin diseases will have the largest share in the market. 

Based on end user, it is segmented into home care, dermatology center, hospitals and clinics and others. Of these, the hospitals and clinics segment will dominate the market. 

Phototherapy Market Regional Analysis 

Based on region, the phototherapy market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Rest of the World. Of these, North America will remain at the forefront in the phototherapy market over the predicted years due to increasing incidences of jaundice in infants, changing lifestyle, high healthcare expenditure, increasing support from the government for R&D activities, well-developed technology and concentration of key players in the region. Europe has the second biggest share in the market that is followed by the APAC region. Strong government support and accessibility of funds especially for R&D is fueling the growth of the market. France and Germany are increasing investment within the healthcare sector. In the APAC region the phototherapy market will grow at the fastest pace due to increasing need for novel treatments in countries such as South Korea and India, increasing government support, rapidly developing economy and increasing healthcare awareness. In the Middle East and Africa, the phototherapy market will have minimal share owing to limited accessibility of medical facilities and funds and poor political conditions particularly in Africa. The photography market in the Middle East and Africa is being led by the Middle East owing to the existence of well-developed countries such as South Arabia, Oman, Qatar and Kuwait. The Africa region is predicted to have a promising growth owing to immense opportunity for market development. 

Phototherapy Market Competitive Analysis 

The phototherapy market is competitive and fragmented. The key players are engaging in various strategies namely new product launch, mergers and acquisitions and also regional expansions for catering the unmet requirements of the target population. 

Key Players 

The key players profiled in the phototherapy market include VIA Global Health (U.S.), MTTS ASIA (Vietnam), PhotoMedex, Inc (U.S.), Herbert Waldmann GmbH & Co. KG (Germany), Beurer GmbH (Germany), Natus Medical Incorporated (U.S.), Koninklijke Philips N.V. (the Netherlands), and GE Healthcare (UK). 

Dec 2018 - Scientists at Northwestern’s McCormick School of Engineering and Northwestern Medicine has developed the world’s smallest wearable device which is battery-free for measuring light exposure across various wavelengths including visible, UV (ultra violet) and also the solar spectrum’s infrared parts. This device can record three different wavelengths of time simultaneously. It weighs as tiny as a raindrop, can be mounted on a watch, sunglass or hat, it is sans interfaces or switches, and will interact with the phone wirelessly. 

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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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Regional demand on Seasonal Affective Disorder Market Analysis, size, News and Forecast

 Seasonal Affective Disorder Market Analysis 

The global seasonal affective disorder market is predicted to touch USD 694.9 million at a 4.2% CAGR by 2023, as per the latest Market Research Future (MRFR) report. Seasonal affective disorder or SAD is a form of depression which is associated with changes in seasons. It starts as well as ends within the same time of the year. Social withdrawal, loss of ability to concentrate, weight gain, increased appetite, and hopelessness are some of its major symptoms. 

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Various factors are propelling the seasonal affective disorder market growth. These factors, in accordance with the MRFR report, include growing awareness and increasing prevalence of the seasonal affective disorder, rising physician visits associated to this disorder, lack of exercise, changing lifestyle, and adoption and availability of new seasonal affective disorder treatments. Additional factors pushing market growth include an increase in geriatric population, technological development, improved distribution network, and favorable reimbursement scenario. 

On the contrary, higher preference for light therapy and expanding market for generic drugs are factors that may hinder the seasonal affective disorder market growth. 

Seasonal Affective Disorder Market Segmentation 

The MRFR report provides a complete segmental analysis of the seasonal affective disorder market report on the basis of type, treatment, diagnosis, and end user. 

Based on type, the seasonal affective disorder market is segmented into spring and summer SAD, fall and winter SAD, and others. 

Based on diagnosis, the seasonal affective disorder market is segmented into psychological evaluation, lab tests, physical exam, and others. The lab test segment is further segmented into thyroid blood tests, complete blood count, and others. The psychological evaluation segment is again segmented into direct observation tests, vocational tests, neuropsychological tests, aptitude tests, achievement tests, attitude tests, personality tests, and intelligence tests. 

Based on treatment, the seasonal affective disorder market is segmented into counselling, psychotherapy, medications, light therapy, and others. The medications segment has been further segmented into antidepressants and others. Antidepressants have been again segmented into reuptake inhibitors and others. The psychotherapy segment has further been segmented into gestalt therapy, existential psychotherapy, cognitive analytical therapy, body psychotherapy, behavioral therapy, attachment-based psychotherapy, art therapy, and others. 

Based on end user, the seasonal affective disorder market is segmented into medical research centers, academic institutes, hospitals and clinics, and others. 

Seasonal Affective Disorder Market Regional Analysis 

By region, the seasonal affective disorder market report covers the latest trends and growth opportunities across the Americas, Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the Americas will spearhead the market over the forecast period. This is owing to increasing awareness regarding different mental disorders and changing lifestyle. The US, South America, and Brazil are the key contributors in this region. 

The seasonal affective disorder market in Europe is predicted to have a healthy growth over the forecast period. This is owing to the rising prevalence of seasonal affective disorder and severe depression. The UK, Ireland, Germany, and France are the key contributors in this region. 

The seasonal affective disorder market in the APAC region is predicted to grow at the fastest pace over the forecast period. This is owing to growing awareness, changing lifestyle, availability of products and treatments, and developing health facilities. 

The seasonal affective disorder market in the Middle East and Africa will have a slow growth over the forecast period. This is owing to limited access to healthcare facilities, less awareness about seasonal affective disorder, and low prevalence rate. The countries in the Middle East are leading the market owing to rising expenditure on health and developed healthcare infrastructure. 

Seasonal Affective Disorder Market Key Players 

Key players profiled in the global seasonal affective disorder market report include Pfizer Inc. (US), Henry Schein, Inc. (US), F. Hoffmann-La Roche Ltd. (Switzerland), Bristol-Myers Squibb Company (US), Bayer AG (Germany), Allergan (Republic of Ireland), and AbbVie Inc. (US). 

February 2019: Australia based medtech startup, Active Wearables has come up with a wearable, Pocket Sky that has been specially designed for combating conditions that result from poor access to sunlight and time shifts. This device can be used as glasses and emits blue light for emulating sunlight, and suppress melatonin production. Pocket Sky can aid with conditions which are based on restricted sunlight, including seasonal affective disorder and also problems with circadian rhythms, including shift work order and jetlag. 

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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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Dermal Fillers Market : Analysed By Business Growth, Development Factors, Applications, Future Prospects and Forecast till 2023

 Market Insight

Market reports associated with the healthcare sector has been released by Market Research Future. It states that the global dermal fillers market is set to expand at a higher CAGR during the forecast period until 2023. The inclusion of multiple dermal fillers over the years, along with its wide spectrum applications have bolstered the market growth substantially. According to the study of MRFR, the global dermal fillers market is currently being valued over USD 4,900 Mn, which is anticipated to spread in the forecast period backing with influential factors. 

Market Drivers & Trends

The elevated demand dermal fillers for a facial aesthetic, which includes face-lift and facial line correction has been one of the primary factors for market growth. These procedures are highly practiced in developed countries that have boosted the market to expand considerably. Intensive efforts in research & development by aesthetic companies has don wonders for the global dermal fillers market growth. They have stood stronger to the growth of the market and are capitalizing the market at a steady pace. 

The boost of the new materials, new techniques, and new filler devices are yet another essential driver to the market growth. Apart from this, the increased acceptance of tissue fillers, across the world, is favoring the market players and enhancing the market position. More positive notions about the growth of the market come in from increased sustainability of dermal fillers owing to the factors such as the expansion of geriatric population, rising disposable income and improved procedure quality and have paved ways for more new techniques to come in the future.

Furthermore, advances in surgical technology have also made such procedure safer and effective than ever before that has to bring fortune to the market position in the current years. 

On the flip side, factors such as non-assurance of zero side-effects remain to be a key area of concern, and high cost of surgery and regulatory norms can also pose as formidable challenges for the market growth in the forecast period.

Market Segmentation

MRFR’s report includes a comprehensive segmental analysis of dermal fillers market based on types and application. 

In terms of types: It includes botulinum toxin, hyaluronic acid, polymers & particles, and collagen. Among these, the botulinum toxin segment is probable to remain the most profitable segment with the expectation to reach a valuation of more than US$ 4600 by 2023-end. Whereas, the hyaluronic acid segment is anticipated to record the fastest growth rate during the assessment period. 

In terms of application: It includes lip treatments, facial line correction treatment, face-lift, and MANY more. The facial line correction treatment segment, in 2016 has recorded to gain the largest market share and now was likely to reach a valuation more than US$ 4300 Mn by the year 2023. The face-lift segment is also likely to remain highly attractive since 2018 and beyond by having a vigorous CAGR of 12.8% from 2017 to 2023.

Detailed Regional Outlook

The global dermal fillers market study has covered across key regions like North America, Latin America, the Middle East & Africa (MEA) Europe and the Asia Pacific (APAC). 

Among them, the Americas region is expected to remain a lucrative market for dermal fillers throughout the assessment period. In 2016, North America and Latin America communally captured more than one-third share of the market. Americas is then followed by Europe with the demand for facial aesthetics, as it is high in many of the European countries. This makes the region an important market for dermal fillers. 

Europe’s region for dermal fillers market is likely to observe a double-digit CAGR during the forecast period. Asia Pacific’s market of dermal filler is also to witness the highest CAGR during the assessment period due to factors such as rising per-capita income, amplified acceptance of cosmetic procedures in countries of Asia Pacific and availability of more options of facial injectables. 

Key Players

ALLERGAN, GALDERMA, Dr. Korman Laboratories, Integra Lifesciences, Merz Pharma, Sinclair Pharma, and Teoxane Laboratories are some of the top listed market players contributing to the global dermal fillers market remarkably. 

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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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Women Healthcare Market | Size, Share, Trend, Industry Statistics, Comprehensive Analysis and Top Countries data by Forecast to 2023

 Women Healthcare Market Analysis 

The global women healthcare market is predicted to grow at a 5.04% CAGR between 2017-2023, reveals the latest Market Research Future (MRFR) report. Women's health, simply put, is a branch of medicine which focuses on the diagnosis and treatment of conditions and diseases which affect the emotional and physical well-being of a woman. It includes a huge range of focus areas and specialties such as gynecology, sexually transmitted infections, birth control, ovarian cancer, breast cancer and other types of female cancers, sexual health, childbirth and pregnancy, osteoporosis, hormone therapy and menopause, mammography, and benign conditions that affect the functioning of female reproductive organs. 

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Various factors are propelling the women healthcare market growth. These factors, as per the new Market Research Future (MRFR) report, include increasing geriatric women population, increasing adoption of unhealthy lifestyle, launch of new medicines for women, favorable policies undertaken by the government for raising awareness and improving women’s health, and rising incidence of obesity, depression, menstrual health-related disorders, anemia, osteoarthritis, and osteoporosis. Additional factors propelling market growth include technological advancements, increasing women’s health issues, change in government regulations, and investment made by market players for commercialization and research and development. 

Women Healthcare Market Segmentation

The MRFR report provides an all-inclusive segmental analysis of the women healthcare market on the basis of diagnosis, treatment, indications, and end users. 

Based on indication, the women healthcare market is segmented into gynecologic cancer, polycystic ovary syndrome, reproductive health management, infertility, postmenopausal osteoporosis, and others. The gynecologic cancer segment is again segmented into ovarian, breast, and other forms of cancer. Of these, the postmenopausal osteoporosis segment will have the largest share in the market over the forecast period. Factors pushing the growth of the segment include the presence of several key players, ongoing R&D activities, the launch of new drugs to treat menopausal osteoporosis, and the rise in the female population aged 40 and above. 

Based on diagnosis, the global women healthcare market is segmented into biopsies, ovulation testing, diagnostic imaging tests, bone densitometry, and others. 

Based on treatment, the women healthcare market is segmented into surgeries, therapeutics, and others. 

Based on end users, the women healthcare market is segmented into research institutes, gynecology centers, hospitals and clinics, and others. Among these, hospitals and clinics will dominate the market over the forecast period as a higher proportion of female patients visit hospitals and clinics both for diagnosis as well as treatment of different health issues. 

Women Healthcare Market Regional Analysis

By region, the women healthcare market report covers the latest trends and growth opportunities across Europe, North America, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, North America will spearhead the market over the forecast period and is predicted to touch USD 21, 782.6 million by 2023. Factors pushing growth in this region include the presence of a well-developed economy, favorable initiatives undertaken for promoting women healthcare, the presence of several key market players, favorable reimbursement, commercialization and approval of products, and increasing awareness regarding women’s health. 

The women healthcare market in the APAC region is predicted to grow at the fastest pace over the forecast period. Factors propelling growth in the region include increasing incidence of infertility, osteoarthritis, and other forms of women-related health problems due to stress, growing awareness about women’s health, and initiatives undertaken by the government for raising awareness and reimbursement. 

The women healthcare market in Europe is predicted to have a favorable growth over the forecast period while that in the MEA is likely to have limited growth over the forecast period chiefly due to the high price of diagnosis and treatment. 

 

Women Healthcare Market Key Players 

Key players profiled in the global women healthcare market report include Teva Pharmaceuticals (Israel), Pfizer Inc., (US), Merck & Co., Inc., (US), Eli Lilly Company (US), Becton Dickinson and Company (US), Bayer AG (Germany), Amgen (California), and Allergan plc. (Ireland). 

 

Industry News 

Oct 2019: Qure4u, a renowned patient engagement solution provider, has joined hands with Unified Women’s Healthcare, a leading multi-state organization that is dedicated to advance the transformation of female healthcare in the US. Qure4u’s digital engagement tool will better help Unified-affiliated Ob-Gyn providers, especially when engaging with patients. 

 

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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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Anti-viral Drugs Market Trends, Global report, Demand till 2022

 Anti-viral Drugs Market Highlights 

The global anti-viral drugs market is likely to touch an impressive valuation of USD 62.67 billion by 2022, predicts Market Research Future (MRFR). The report published by MRFR on the global anti-viral drugs market mentions that the market is projected to register a CAGR of 6.9% between 2013 and 2022.

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Anti-viral Drugs Market Synopsis

The rising cases of viral disease is identified to boost the global anti-viral drugs market growth. The inadequacy of dietary nutrition in people, due to increase in consumption of high calorie and low fibrous food is creating favourable condition for virus to invade human body. Hence, the need for anti-viral drugs are surging as viral infections prevail. The growing incidences of HIV and other sexually-transmitted diseases are also boosting the sales number of anti-viral drugs, hence, anticipated to prompt the anti-viral drug market growth.

The increase in cases of drug resistance is propelling extensive research and developmental undertakings for launching more effective anti-viral drugs. Additionally, the stringency in drug approval stages are taking care of the quality of drugs in the pipeline. New product launches are gaining traction for revenue generation for the anti-viral drugs market. The application of anti-viral drugs in other diseases like, bird flu, and others is also likely to prompt the global anti-viral drug growth. 

The expiry of patents for certain blockbuster anti-viral drug are stimulating generic drug competition in the anti-viral drug market. This is deepening the competitive scenario of the global anti-viral drug market over the assessment period. 

However, adverse effects of anti-viral drugs and high price of anti-viral drugs can hinder the anti-viral drugs market growth over the assessment period.  

Anti-viral Drugs Market Segmental Overview

The global anti-viral drugs market study has been segmented on the basis of application and mechanism of action.

Based on the application, the anti-viral drugs market has been segmented into Influenza, Hepatitis, Herpes, HIV/AIDS, and others. 

Based on the mechanism of action, the anti-viral drugs market has been segmented into Protease Inhibitors, Nucleotide Polymerase Inhibitors, Reverse Transcriptase Inhibitors, and others. 

Anti-viral Drugs Market Regional Outlook

Based on the region, the anti-viral drug market has been studied across the Americas, Asia Pacific, Europe, and the Middle East Asia.

MRFR forecasts that the anti-viral drug market in the American region is likely to hold the largest market share. The need for effective treatment of diseases due to the growing cases of viral infection in the region can bolster the anti-viral drugs market. The North American market is expected to grasp greater than 30% of the global market share. The anti-viral drugs market in Europe is likely to garner an impressive CAGR by 2022. MRFR report states that the anti-viral drugs market in Europe will hold the second largest market share over the review period. The anti-viral drug market in the Asia pacific region anticipated to register the highest CAGR over the forecast period. The anti-viral drug market in the Middle East Asia and Africa is expected to exhibit a sluggish growth. 

Anti-viral Drugs Market Key Players

MRFR have enlisted some of the prominent companies operating in the anti-viral drugs market. They are; Hoffmann-La Roche Ltd., Johnson & Johnson, Merck & Co. Inc., Gilead Sciences Inc., Cipla Inc. GlaxoSmithKline Plc, Novartis International AG, Abbott Laboratories, and  Astra Zeneca AB.  

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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.

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

 

Microspheres Market Reveals Lucrative Prospects for Manufacturers

 Microspheres are normally free flowing powders consisting of proteins or synthetic polymers having a particle size ranging from 1-1000 μm. Manufactured from different natural and synthetic materials, Microspheres are commercially available as Glass microspheres, ceramic microspheres, and polymer microspheres. 

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The density of solid and hollow microspheres varies widely; therefore, they are used in a range of applications. Hollow microspheres are characteristically used as additives to lower the density of a material. Whereas, solid microspheres are used numerous applications depending on the material they are made of and their size.

Microspheres play a causal role in the making of lighter and cost-effective consumer goods. Due to their small size and efficient carrier capacity, microspheres are majorly used in the manufacturing of innovative drug delivery system. Microspheres make an excellent match for control aspect of a drug administration system which further enhances the efficacy of therapeutics. 

Considering the rapid market expansion, the microspheres market witnesses currently, Market Research Future (MRFR) in its recently published study analysis asserts that the global microspheres market is forecasted to grow exponentially by 2022, registering a staggering CAGR of 11.9% throughout the review period (2016-2022). 

Other factors primarily contributing to the growth of the market include increasing population that is continually creating a massive demand in the consumer goods market as well as promoting the growing need for quality healthcare. The spreading awareness about the benefits of medical Bio-resorbable polymers is another key driving force pushing up the market. 

Besides, factors such as increasing application areas of microspheres use, and advancements of microspheres in controlled drug delivery system, increasing advancement in drug development techniques and growing uses of microspheres for clinical research among others. Also, patient’s preference towards adopting controlled drug delivery matrix instead of surgeries boosts the market growth of microspheres, globally. 

Rising per capita income across the globe coupled with the huge demand for Microspheres in the innovative embolic therapies provides impetus to the growth of the market.

Conversely, the high cost coupled with the volatile price structure of raw materials used in the production of microspheres is some of the factors impeding the market growth substantially. 

 

Global Microspheres Market   - Segments

For ease of understanding, the analysis has been segmented into four key dynamics: - 

By Material : Synthetic Polymers and Natural Polymers.

By Type : Bioadhesive Microspheres, Magnetic Microspheres, Floating Microspheres, Radioactive Microspheres, and Polymeric Microspheres.

By Application : Drug Carriers, Pulmonary Drug Delivery, and Tissue Regeneration among others. 

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

 

Global Microspheres Market   -Regional Analysis 

The North America region, heading with the novel researches in the development and improvement of the product, leads the global microspheres market. Additional factors supporting the growth of the regional market include the availability of funding programmes from the public as well as private organizations and well-penetrated sectors of healthcare, medical technology, and medical devices which are key markets for microspheres. 

The US, accounting for one of the five largest markets for microspheres, stands as the primary growth driver for the regional market. Owing to the vast technological development and the uptake of advanced technologies, the North American microspheres market will register a staggering CAGR of 11.3% throughout the forecast period.

The microspheres market in the European region accounts for the second largest market, globally. The well-established healthcare industry and futuristic radiation therapy equipment are two of the key driving forces increasing the size of the regional market. 

Growing markets in countries such as Germany and the Netherlands, backed by the increasing investments in the field of drug delivery and orthopedics devices predominantly drive the growth in the regional market. Witnessing a steady increase, the European microspheres market is expected to grow at a CAGR of 11.5% during the period 2016-2022. 

The Asia Pacific microspheres market is emerging as the most promising market, globally. Some of the rapidly growing end-use industries of microspheres such as healthcare, chemicals, medical technology, and medical devices are driving the regional market. Moreover, the ever-increasing population and the rapidly developing economy in countries such as India and China are commutatively driving the regional market, giving the Asia Pacific a competitive advantage in the global microspheres market.

Global Microspheres Market   - Competitive Analysis 

Several matured and small-scale players form a competitive landscape in the well-established global Microspheres market. Some of them are having a presence in the international markets as well. The market appears highly competitive yet, moderately fragmented. Product launch, product features, quality, cost, and financial stability are some of the major parameters these key players compete based on.

Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for leading players. These players are investing in internal R&D and, most of all, in acquiring other small yet promising firms in the emerging regions. 

Major Players: 

Key players leading the global microspheres market include Potters Industries LLC (United States), 3M (Unites States), AkzoNobel N.V. (Netherlands), Chase Corporation (United States), Momentive Performance Materials Inc. (United States), Matsumoto Yushi Seiyaku Company (Japan), Trelleborg AB (Sweden), Mo-Sci Corporation (United States), and Luminex Corporation (United States) among others.

Industry/ Innovation/ Related News

April 08, 2019 ---- ABK Biomedical, Inc. (Canada), a medical device company announced a USD 30 MN Series B financing. The funding collected through the round co-led by F-Prime Capital and Varian Medical Systems will be used for continued focused product development of its Eye90™ microspheres and Easi-Vue™ microspheres. 

ABK Biomedical is involved in the research, development, and commercialization of innovative embolic therapies and its Eye90™ microspheres are designed for transarterial radiation therapy for liver tumors. The Easi-Vue™ microspheres are developed for the bland embolic treatment of hypervascular tumors.

March 08, 2019 ---- Nouryon Holding BV (the Netherlands), a specialty chemicals company formerly known as AkzoNobel Specialty Chemicals announced that it is poised to buy a new plant for expandable microspheres in the US. It is a world-scale polymerization plant which will offer Nouryon with a better-enhanced leadership hold in expandable microspheres market. 

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