Biosimilars Market Counting 7.5% CAGR up to 2025 | By Type : Biopsy Based, Endoscopy Based, Imaging Procedure and others | MRFR

Market Synopsis
Market Research Future (MRFR) postulates that the global biosimilars market is predicted to garner USD 3.35 billion, grabbing a CAGR of 26% throughout the forecast period (2017-2023). The augmenting incidences of several chronic diseases are estimated to favor the market growth. Biosimilars are referred to as a biological medical product which are identical copies of the original medical product. They are generally derived from a plant, bacteria, yeast, and other several processes. Biosimilars are neither generics nor treated like generic drugs. Also acknowledged as bio-pharmaceuticals, biosimilars differ from generics in the manufacturing process. They are produced by two main processes, recombinant DNA technology and controlled gene expression.
Market Potential and Pitfalls
With the augmenting incidences of several chronic diseases, growing demand for cheap medical products, and strategic collaborations leading to clinical trials and enhanced productivity, the global biosimilars market is estimated to flourish throughout the appraisal period. Biosimilars are extensively used in the treatment and prevention of chronic diseases like cancer, diabetes, autoimmune disease, cardiovascular diseases (CVDs), kidney failure, rheumatoid arthritis, hematological disease, hormone growth deficiency, and infectious disease. This is likely to create momentum to the market growth during the estimated period. Also, with the growth in the geriatric population, the demand for biosimilars is expected to trigger.
Biosimilars are constantly gaining prominence over other conventional biologics due to lesser cost as compared to the parent biological drugs. Moreover, different private and government bodies are promoting the use of biosimilars over synthetic drugs and conventional biologics, which is further propelling the growth of the market across the globe. Also, with the rapid growth in the pharmaceutical sector combined with the high cost of existing biological drugs, the market is anticipated to boom. 
On the contrary, physician skepticism coupled with the lack of awareness regarding biosimilars is some of the top barriers likely to vitiate the market growth in the coming years. Additionally, complexity and high manufacturing cost can act as roadblocks to the mainstream production of biosimilars. Despite such hiccups, discounted prices of biosimilars will impact the overall biosimilar sales, as patients are the key beneficiaries.
Global Biosimilars Market: Segmental Analysis
The global biosimilars market has been segmented on the basis of product, application, and manufacturing.
By mode of product, the global biosimilars market has been segmented into recombinant non-glycosylated proteins, recombinant glycosylated proteins, and others. Among these, the recombinant glycosylated proteins segment is anticipated to occupy the largest share and is likely to retain its dominance. The growth is credited to the wide therapeutic area of such proteins coupled with the presence biosimilar version of monoclonal antibodies at much lower rates. 
By mode of application, the global biosimilars market has been segmented into oncology, immune diseases, blood-related disorders, and others.
By mode of manufacturing, the global biosimilars market has been segmented into contract manufacturing and in-house manufacturing. Among these, the in-house manufacturing is presumed to occupy the largest share owing to the rising demand for cost-effective biosimilar products due to the augmenting incidences of several chronic diseases.
Regional Insights
Geographically, the biosimilars market span across regions namely, Europe, Asia Pacific, North America, and the Middle East & Africa.
Among all the regions, the European region is likely to dominate the global biosimilars market and is estimated to retain its dominance in the coming years. The growth is credited to the rising prevalence of diseases coupled with the growth in the geriatric population in this region. Moreover, advanced medical research and technological advancements are further triggering the demand for biosimilars in this region. The growth in the regional market is likely to be stimulated by patent expiry of biologic products combined with the launch of new biosimilars and the advent of new market participants.
The North American region is predicted to occupy the second largest share in the global market owing to technological advancements and extensive medical research. The market is mainly driven by the presence of large research labs such as Amgen, Sandoz, Teva Pharmaceutical, and others.
The Asia Pacific region is anticipated to emerge as the fastest-growing region owing to the immense economic development coupled with the booming biotechnology companies in this region. The country-specific markets in this region generating maximum revenue are India, Australia, South Korea, Japan, and China.
Industry Updates
February 19, 2019: Sandoz, a developer of biosimilar has recently announced the launch of their biosimilar adalimumab, Hyrimoz, in Spain. This biosimilar, referencing Humira, was authorized in the European Union for sale in July 2018. It has been approved for indications of reference adalimumab and is available in 40 mg doses for subcutaneous injection in pre-filled pen or a syringe form.
Competitive Dashboard
The prominent players operating the global biosimilars market are Biocon Ltd. (India), Eli Lilly (U.S.), Novartis (Switzerland), Celltrion Inc. (South Korea), Dr. Reddy’s Laboratories Ltd. (India), Pfizer Inc. (U.S.), Teva Pharmaceuticals Industries Ltd. (Israel), Sandoz International GmbH (Germany), Astra Zeneca (U.K.), Amgen Inc. (U.S.), Samsung Bioepis (South Korea), F. Hoffmann-La Roche Ltd. (Switzerland), and Accord Healthcare (U.K.).
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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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Gene Editing Market - Global Trends, Demand, Size, Share, Research and Forecast

 Gene editing has generated a lot of enthusiasm in drug research and development institutes owing to its ability to alter genetic mutations that can cause disease. Market Research Future predicted that the gene editing market will attain a CAGR of 18.30% in forecast period 2017-2023.

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Gene editing method helps to create and control genetic information in the patient's cells. It is now essential for drug discovery and diagnosis, as well as for the precise drugs that stimulate market growth. Given the fact, the limitations of the gene editing market are a strict regulatory policy and an unfavorable public perception of genetic research. The rising prevalence of cancer and other genetic disorders, combined with the increasing demand for personalized drugs, is expected to spur the expansion of the gene editing industry. In addition, the increase in government funding programs will have a significant impact on sector growth over the forecast period.

Recent developments in CRISPR gene editing tools and their ease of use have attracted considerable interest in the biomedical community. CRISPR-based genetic processing has great potential to adapt to the therapeutic landscape of induced disorders. Among the genetic processing tools, there are potential applications for CRISPR in the human medicine market as well as in veterinary medicine.

Many biopharmaceutical companies are focusing on developing innovative drugs for various genetic diseases due to the high global disease burden and their considerable commercial potential. The growing demand for synthetic genes, significant investments in R&D, technological advances in molecular biology are other parameters that contribute to the growth of the sector.

Segmentation

The global gene editing market can be segmented by methods, applications and end users for better understanding and analysis.

On the basis of methods, the gene editing market includes, transcription activator-like effector nucleases (TALEN), clustered regularly interspaced short palindromic repeats (CRISPR), zinc finger nucleases (ZFN), antisense technology.

The application segmen of the gene editing market can be classified into animal genetic engineering, plant genetic engineering, gene therapy, and microorganism’s genetic engineering.

Moreover, based on the end-users, the gene editing market is bifurcated into contract research organizations, biotechnology, and pharmaceuticals.  

Regional Analysis

The Americas is the leader with the maximum participation in the global market. It is the US presence that has the most impact on growth. Infrastructure superiority, sufficient funding from public and private organizations, and leading research technology are windfalls for the market growth.

Europe follows America's footsteps. Similar characteristics gave the regional market a prominent place. In addition, the market is promoted by the presence of various organizations involved in such research.

The APAC region expects the fastest growth during the forecast period. Emerging economies are investing heavily to stimulate the regional market. In addition, market giants’ focus on this region to expand their business owing to the prospects are quite high due to the associated profitable costs.

Major Players

Most of the major regional players in the gene editing market are focused on increasing the reach and connectivity of their products with the help of national gene editing device distributors. In addition, manufacturers of genetic editing tools wish to strengthen their activities in fast-growing markets by expanding their sales and distribution channels. These major players include GenScript USA Inc., Horizon Discovery Group plc, OriGene Technologies, Inc., Integrated DNA Technologies, Inc., New England Biolabs, Lonza Group Ltd Inc., Sigma-Aldrich Corporation, Sangamo Biosciences, Inc., Thermo Fisher Scientific, Inc., and Transposagen Biopharmaceuticals, Inc. 

Updates

For the first time, scientists used the CRISPR-Cas9 genetic processing tool to treat an HIV patient in China. The patient improved after the procedure and had no side effects. Scientists at Peking University in Beijing used CRISPR to suppress the CCR5 stem cell gene in a particular bone marrow. CCR5 is known to contribute to HIV infection.

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About Market Research Future:

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

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

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

Contact:

Market Research Future

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

key Trends on Breast Imaging Market Size to forecast by Top Leaders

 Market Synopsis

The global breast imaging market is considered to demonstrate 8.5% CAGR during the forecast period (2017-2023) owing to increasing prevalence of breast cancer, asserts Market Research Future (MRFR). Breast imaging is referred to a diagnostic procedure which evaluates the presence of breast tumor in women. Breast biopsy ultrasound, mammography, PET, CT, MRI, tactile imaging, and others are some of the common breast imaging procedures. Among these, mammography is the most widely used screening tool and diagnosis for breast cancer and helps to detect breast cancer at an early stage. According to the World Health Organization, breast cancer has been reported as the second most common cancer among the women population.

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Drivers and Constraints Impacting the Market

With the rising prevalence of breast cancer, the global breast imaging market is anticipated to flourish during the assessment period. More than 200,000 new cases of cancer are diagnosed every year across the globe. The increasing expenditure on healthcare by the developed countries coupled with the technological developments in the field of oncology across the world has further contributed to the market growth. Moreover, the emergence of new imaging technologies for screening and diagnosis of several chronic diseases have influenced the market growth to a great extent. Several companies conduct corporate social responsibility activities to help women educate regarding breast health and its preventive measures. For instance, companies like GE Healthcare have recently launched a commercial regarding the awareness of breast density and its effect on screening techniques. With the increasing awareness, the demand for breast imaging is predicted to expand in during the appraisal period.

On the flip side, the high cost of breast imaging solutions coupled with the unawareness about breast imaging among the women population are predicted to dampen the market growth during the estimated period. Moreover, most of the women are reluctant to undergo breast imaging owing to a number of misconceptions about the disease. This is considered to restrict the market growth in the coming years.

Global Breast Imaging Market: Segmental Analysis

The global breast imaging market has been segmented on the basis of type, application, deployment, end-user, and region.

By mode of type, the global breast imaging market has been segmented into CT, mammography, MRI, PET, breast biopsy, ultrasound, tactile imaging, and others. Among these, the mammography segment has been further sub-segmented into full-field digital mammography (FFDM), film-screen mammography, scintimammography or molecular breast imaging, 3D mammography, and others. The breast biopsy segment has been sub-segmented into tactic core biopsy, image-guided breast biopsy, ultrasound-guided core biopsy, and others.

By mode of application, the global breast imaging market has been segmented into post-neoadjuvant chemotherapy, breast cancer diagnosis, metastatic axillary adenocarcinoma, and others.

By mode of end-user, the global breast imaging market has been segmented into diagnostic centers, hospitals, and others.

Regional Insights

Geographically, the breast imaging market span across regions namely, America, Asia Pacific, Europe, and the Middle East & Africa.

Among all the regions, America is considered to be the largest market for breast imaging. The growth is attributed to the growing prevalence for breast cancer, innovative imaging solutions for breast imaging, and development of new imaging devices by the major market players. The market in the North American region is driven by the extensive use of imaging modalities like CT, mammography, and MRI for screening of breast cancer. The U.S. is considered to hold the largest market share owing to the presence of major players coupled with emphasis on women healthcare.

The European market is presumed to exhibit a significant growth owing to an increased expenditure on research and development activities by the major countries like U.K. The market in Germany is expanding at a substantial rate owing to an extensive use of available imaging technologies for breast imaging coupled with the exponential growth of medical devices industry. Moreover, the urge of developing new imaging devices for early cancer screening is also considered to contribute to the market growth in this region.

The Asia Pacific region showcases numerous growth opportunities owing to the presence of some of the largest contributors such as China, Japan, and India. With rising awareness about breast cancer along with the use of medical devices for cancer screening, the breast imaging market is likely to accelerate in this region. Moreover, the rapid growth of healthcare imaging industry in China and India and rising government support for improvement in the diagnostic services and healthcare infrastructure contributes to the market growth.

Industry Updates

December 04, 2018: The Ultrasound Breast Imaging Center has opened in Walnut Creek. This ultrasound 3D breast imaging involves no compression, no radiation, and no injections.

Also Read Here!! https://www.medgadget.com/2021/02/breast-imaging-market-industry-analysis-2021-global-size-technology-demand-growing-segments-revenue-share-and-foster-market-growth-by-2025.html

Competitive Dashboard

The prominent players operating the global breast imaging market are Sonocine Inc. (U.S.), Fujifilm Holdings Corporation (Japan), General Electric Company (U.K.), Hologic Inc. (U.S.), Dilon Technologies Inc. (U.S.), Gamma Medica Inc. (U.S.), Toshiba Corporation (Japan), Koninklijke Philips N.V. (Netherlands), Siemens (Germany), Aurora Imaging Technology Inc. (U.S.), 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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Worldwide Analysis on Immunofluorescence Assay Market Demand to forecast to 2023

 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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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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Latest Research On Transthyretin (TTR) Amyloidosis Market Size, share and key Trends

 Market Highlights

The transthyretin amyloidosis market is expected to register a sturdy growth during the forecast period.  Transthyretin amyloidosis is a genetical disorder that is characterized by the buildup of abnormal deposits of a protein called amyloid (amyloidosis) in a body's organs and tissues. They generally affect peripheral neuropathic or autonomic neuropathy system and cardiac system. The cardiac form of transthyretin amyloidosis puts patients at the risk of arrhythmia, cardiomegaly, and orthostatic hypertension. The global ATTR market is going to exhibit robust growth during the forecast period due to the probability of rising number of the launch of ATTR therapeutic drugs, increasing African-American population as they are genetically susceptible to the disease, increasing healthcare awareness among people, and rising average income of individuals. However, the growth of this market can be hindered by stringent regulatory policies, the high cost of ATTR drugs, incorrect diagnosis of ATTR disorders, and limitation of clinical trials.

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 Regional Analysis

Americas is a global leader in the market for transthyretin amyloidosis owing to the increasing prevalence of amyloidosis among adults and older population and rising geriatric population which is a major trigger factor for this disease. For instance, according to a report published by ASCO Journal in 2016 around 4,000 people develop amyloidosis each year in the United States. Thus, this huge patient pool is going to boost up the market growth during the forecast period. Additionally, factors such as increasing government initiatives and funding for research, development in advanced medical treatment options, rising use of advanced medical diagnostic devices, and availability of skilled professionals drive the market. The presence of pharmaceutical giants such as Pfizer, Merck, etc. also propels the market growth in this region. Pfizer and Merck have a monopoly in this market due to tafamidis and diflunisal drug.

Europe holds a healthy share in the global transthyretin amyloidosis market and is a second market leader. The European market is expected to grow during the forecast period due to major driving factors such as huge patient pool, availability of advanced treatment facilities, increasing healthcare expenditure, along with growing need for better healthcare infrastructure, and government initiatives of healthcare reform.  It is reported that in the U.K., around 60 new cases of amyloidosis are reported annually, and the age-specific incidence rate of it is between 5.1 and 12.8 per million per year. Additionally, established medical device market and capability of inhabitants to afford the diagnostics are aiding the market growth. However, the inefficacy of treatment and wrong diagnosis are hampering the market growth of this region.

 

Asia Pacific is expected to be the fastest growing market due to increasing geriatric population. On the basis of a report that was published by the United Nations in 2015; between 2015 and 2030, the number of older people aged 60 years or over in the world is predicted to grow by 56 %, out of which 66% of the older population would reside in Asia-Pacific regions. This makes the region prone to transthyretin amyloidosis as chances of its prevalence increases with increasing age. Owing to the huge patient pool, a faster adaptation of healthcare technology, government initiatives to increase the healthcare quality, availability favorable insurance and reimbursement policies market growth will be accelerated during the forecast period.  Moreover, key players such as Pfizer, Merck, etc. have been setting up their regional headquarters and manufacturing plants in Singapore, China, Japan, Korea, and Australia. This will accelerate the market growth during the forecast period.

 The Middle East & Africa is expected to show the least growth in the market due to some major factors such as lack of awareness, limited access and availability of treatment facilities. In the Middle East, the growth of the market is driven by Saudi Arabia and the United Arab Emirates because of the well-established healthcare infrastructure, awareness for good health among the residents, as well as accessibility to modern medical technology methods. But market might show steady growth due to genetically susceptibility of Africans to transthyretin amyloidosis and government initiatives to improve quality of healthcare in this region.

Segmentation

The global Transthyretin (TTR) amyloidosis market is segmented on the basis of disease type, treatment, gender, and end-user.

Considering the type of disease, the market is segmented into Transthyretin (TTR) familial amyloid polyneuropathy, Transthyretin (TTR) familial amyloid cardiomyopathy and others.

On the basis of treatment, the market is segmented into small molecules treatment, RNAi therapy, and Organ Transplantation and others. Small molecules treatment is further segmented into tafamidis and diflunisal.

On gender basis it is segmented into male and female.

According to end-user, the market is segmented hospitals & clinics, ambulatory surgical centers, and others.

Based on region the market is segmented into Americas, Europe, Asia Pacific, and the Middle East and Africa. Americas region is segmented into North America and South America. Similarly, Europe is segmented into Western Europe and Eastern Europe.

Key Players

Some of the key players in the Transthyretin amyloidosis market are Alnylam Pharmaceuticals, Pfizer, Ionis Pharmaceuticals Inc., Corino Therapeutics Inc, Arcturus Therapeutics, and Proclara Bioscience.    

 

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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Top 5 Companies Focus on Diabetic Retinopathy Market Size, Trends and Global Demand

 

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.

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/

 

Atrial Fibrillation Market Trends, Demand and Global Analysis

 

Market Highlights

 

The global atrial fibrillation market is estimated to account for USD 11123.8 million and registering a CAGR of ~ 11.2 %. Atrial fibrillation is a disorder of the pace or the rhythm of the heart. It is caused by unsystematic electrical activity in the atria of the heart, which causes rapid stimulus of the ventricles, leading to an irregular heartbeat. Numerous factors such as advancements in minimally invasive surgeries to treat atrial fibrillation, appropriate and timely intervention of the healthcare delivery systems, and increased incidence rates of the risk factors are expected to drive the growth of the market during the forecast period. According to the Centers for Disease Control and Prevention, Atrial fibrillation (AFib) costs the United States about USD 6 billion annually. Medical costs for people who have AFib are about USD 8,705 higher per year than for people who do not have AFib. Therefore, the ability of the specialist to suspect and diagnose the condition is very important. The lack of technical knowledge and misdiagnosis and mismanagement of the condition may hamper the market growth.

 

The global atrial fibrillation market is currently dominated by many market players. The key players in the market are engaged in new product launches and strategic collaborations to strengthen its market position. For instance, in January 2017, Abbott completed the acquisition of St. Jude Medical, Inc. St. Jude Medical's strong positions in fast-growing areas such as atrial fibrillation, heart failure, structural heart and chronic pain balance Abbott's leading positions in coronary interventions and mitral valve disease and will further create a strong and diverse product portfolio.

 

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Regional Analysis

 

The market in the Americas is expected to dominate the global atrial fibrillation market during the forecast period due to the escalation in the adoption of advanced technologies and procedures for the treatment of atrial fibrillation, and well-developed healthcare infrastructure. According to the Centers for Disease Control and Prevention in 2017, an estimated 2.7–6.1 million people in the United States have atrial fibrillation (AFib). The European market is expected to be the second-largest due to government funding and support of the healthcare sector. Also, many companies are setting up their research and development centers in this region, which will boost the market growth in this region. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the assessment period owing to growing disposable income, and huge population susceptible to cardiovascular diseases. The market in the Middle East & Africa is likely to account for the smallest share of the global atrial fibrillation market.

 

Segmentation

 

The global atrial fibrillation market has been segmented into type, treatment, and end-user.

 

The market, on the basis of type, has been segmented into paroxysmal atrial fibrillation, persistent atrial fibrillation, and permanent atrial fibrillation.

 

The permanent type of atrial fibrillation is anticipated to hold the largest share as it is the most common type of AFib with a high occurrence rate. The persistent atrial fibrillation segment is estimated to be the fastest growing owing to increased recurrence rates in patients.

 

The market, on the basis of treatment, has been segmented into medications, non-surgical procedures, and surgical procedures.

 

The market, based on medications, has been segmented blood thinners, rate controllers, and rhythm controllers.

 

The market, based on non-surgical procedures, has been segmented into electrical cardioversion and catheter ablation.

 

The market, based on surgical procedures, has been segmented into pacemaker implantation and open-heart maze procedure.

 

Key Players

 

Some of the key players in the global atrial fibrillation market are Medtronic Plc, Johnson & Johnson Services, Inc., Abbott, Boston Scientific Corporation, MicroPort Scientific Corporation, Biotronik SE & Co. KG, Koninklijke Philips N.V., AtriCure, Inc., CardioFocus, Osypka AG, Siemens AG, Biosense Webster, Inc., Sichuan Jinjiang Electronic Science and Technology Co., Ltd., CathRx Ltd., and Vanguard AG.

 

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