Medical Second Opinion Market Size 2021 By Analysis, Manufacturers, Regions, Type and Application, and Forecasts to 2027

 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.

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Hemorrhoid Treatment Devices Market 2021: Size, Upcoming Trends, On-Going Demand, Growth and Forecast from 2021 to 2025 with Most Prominent Key Players

According to Market Research Future (MRFR), the global hemorrhoids treatment market is projected to register a CAGR of 5.5 % from 2018 to 2023 (forecast period).

Among the most uncomfortable disorders a patient may have is hemorrhoids, and most people under the age of fifty do not know what hemorrhoids are. The general population ignores the disorder until they are affected by the disorder and begin to experience symptoms such as discomfort and itching associated with the disorder. As per the American Society of Colon & Rectal Surgeons, hemorrhoids are one of the most common disorders, and more than half of the population may develop hemorrhoids after the age of 30. The prevalence of hemorrhoids (also known as piles) in the United States is estimated to be 4.4%, with the majority of cases occurring between the ages of 45 and 65, similarly among men and women. But just one-third of these individuals are seeking medical care, such as surgery, medications, etc., with most opting for over-the-counter relief obtained from pharmacies.

There are two types of hemorrhoids (piles), internal and external, which vary in their location. While there is no specific cause of hemorrhoids, there are a number of causes that may lead to the disorder: age, chronic constipation or diarrhea, pregnancy, heredity, discomfort during bowel movements, impaired bowel function. Some patients do not even experience symptoms, but those that do experience bleeding during bowel movements, protrusion during bowel movements and itching, discomfort, and sensitive lumps in the anal region. There are a range of options for home care, such as sitz baths, wipes, creams, fiber supplements suppositories, and hemorrhoid pillows.

Market Dynamics

Increased cases of intra-abdominal pressure due to improper dietary eating, obesity, and pregnancy are factors that increase the market size of hemorrhoid treatment. Changes in lifestyle, including increasing consumption of alcohol and fat-induced foods, have a positive effect on the market growth of hemorrhoid treatment. However, inadequate knowledge and preparedness for medical treatment due to a feeling of embarrassment hinders the growth of the market.

Segmentation

The global market for hemorrhoids treatment is segmented based on treatment type, route of administration, and distribution channel.

Based on treatment type, the market for hemorrhoids treatment is segmented into non-surgical and surgical procedures. The non-surgical is further sub-segmented into, NSAIDs, laxatives, and herbals. The surgical procedures further sub-segmented into band litigation, cryotherapy, sclerotherapy. 

Based on the route of administration, the market is segmented into oral and topical agents.

The distribution channel is segmented into retail pharmacies, online pharmacies, hospital pharmacies, and others.

Regional Analysis

The global hemorrhoids treatment market is segmented into four global regions, namely- the Americas, Europe, the Asia Pacific, and the Middle East & Africa.

Hemorrhoids will impact more than half of the U.S. population in their lifetimes. Hemorrhoids are swollen, inflamed veins in the anal canal, which can cause extreme discomfort in the form of pain and itching. At present, patients suffering from hemorrhoids who seek relief from their pain can choose from a range of products with varying positive and negative effects. Specific products, such as creams, wipes, suppositories, and pads, are useful in offering immediate relief, but cannot be used for permanent care. Hemorrhoid cushions can be used, but they are noticeable and can be uncomfortable with extended use. Furthermore, according to Home Care Magazine, 24 million baby boomers had reached the age of 50 in 2014. Those over the age of 65 will tend to represent a greater proportion of the total population. By 2020, more than 54 million residents in the United States will be over 65 years of age. In addition, by 2030, members of the 66 to 84 age group will make up an estimated 20% of the U.S. population.

Europe registered for the second-largest market behind the Americas. Europe is comprised of two parts, namely Western Europe and Eastern Europe. Western Europe has a significant market share, primarily contributed by Germany, the United Kingdom, and France. Primary factors that are responsible for the growth of the hemorrhoid treatment market include a sedentary lifestyle, lack of physical activity, alcoholism, obesity, low dietary fiber intake, etc. in most regions of Europe. Lack of understanding and preparedness for medical care due to a sense of shame hinders the growth of the market.

The Asia Pacific is the fastest-growing region on the market for hemorrhoids. Growing need for better diagnostic devices, better and safer therapeutic methods, rapidly evolving technology, and the presence of a vast patient pool are driving the growth of this market in the Asia Pacific region.

Key Players 

Some of the major participants in the global hemorrhoids treatment market are AstraZeneca plc, Abbott Laboratories, AstraZeneca plc, Bayer AG, GlaxoSmithKline, Boehringer Ingelheim GmbH, Cook Medical, Boston Scientific Corporation, CONMED Corporation, Pfizer Inc., Takeda Pharmaceutical Company, Taro pharmaceuticals Inc., Astra Zeneca, Teva Pharmaceutical Industries Ltd, Glenmark Pharmaceuticals, Olympus Corporation, and others.

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

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

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Airway Management Market Size, Share, Key Players, Growth Analysis, Current Trends, Competitor Strategies, Business Revenue, Demand and Impact of COVID-19

 

Airway management is the process of maintenance and utilization of devices and procedures to ensure the steady stream of air supply to patients. These devices are employed during surgeries and patients with acute airway obstruction or respiratory failure. The global airway management market report by Market Research Future (MRFR) takes a look at the various developments in airway devices, product benchmarking, trends and opportunities, and competitive analysis for the period of 2019 to 2025 (forecast period). The impact of the COVID-19 pandemic on the market has been featured in the report.

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Airway Management Market Scope

The global airway management market value is expected to exceed USD 1,764.47 million by 2025. It can exhibit a CAGR of 5.2% over the forecast period. 

The high rate of respiratory disorders is the primary driver of the market. According to the WHO, nearly 65 million have been diagnosed with moderate to severe chronic obstructive pulmonary disorder (COPD). The susceptibility of the elderly populace and the increased use of anesthesia can sustain its demand from hospitals and clinics. Development of advanced devices and awareness of limited ventilation can induce heavy demand for airway management products.

The COVID-19 pandemic has brought the use of airway management devices to the forefront. The lack of mechanical ventilators has led to biomedical engineers and scientists using temporary ventilators made with the help of oxygen concentrators, nebulizers, resuscitators, and other devices.

But the risk of airway management procedures for neonatals can restrain market growth.

Airway Management Market Segmentation

The global airway management market is segmented by product type into anesthesia masks, supraglottic, infra-glottic, laryngoscopes, accessories, and others.

The supraglottic segment is expected to perform exceptionally owing to being placed in the trachea easily. It is used to ventilate or maintain the airway during surgeries. This segment has been further sub-segmented into laryngeal mask, nasopharyngeal, oropharyngeal airways, and others. 

Laryngoscopes are small devices used in identifying abnormalities in the throat and larynx or voice box of the patient. Commercial availability of devices such as McGRATH MAC Video Laryngoscope by Medtronic can bode well for the market. Anesthesia masks, on the other hand, are masks used during the surgical procedures to provide oxygen to patients. 

The global airway management market based on application has been segmented into surgery, general anesthesia, respiratory care, and others. Among them, surgery is expected to gain the largest share in the global market. The rising number of surgical procedures can facilitate segment growth.

End-users of airway management devices are surgical centers, hospitals, and others.  Hospitals are medical settings in which airway management devices are used as a primary point-of-care for treating patients with chronic diseases or injuries. 

Airway Management Market Regional Analysis

By region, it is segmented into the Americas, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).

The Americas held the largest share owing to the rising number of road accidents in this region. Airway management is mainly used in fatal injuries, surgical procedures, and accident cases. Thus, it is estimated to foster regional airway management market growth. Change in healthcare guidelines and the rising cases of the COVID-19 virus can fuel the demand for such devices.

Europe held the second-largest share in the market owing to an increase in the rate of surgical procedures in the region. This is exemplified with Germany accounting for approximately 0.86 million surgical procedures. 

On the other hand, APAC is the fastest-growing market for airway management on account of the increasing awareness of technological advances and application of airway management.

Airway Management Market  Competitive Outlook

Ambu A/S, Vyaire Medical, Smiths Group PLC, Vbm Medizintechnik GmbH, Salter Labs, Teleflex Incorporated, Sourcemark, Sunmed, Intersurgical Inc, Roper Technologies, and Medtronic are key players of the global airway management market.

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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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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 Resynchronization Therapy (CRT) Market Size, Share, Analysis by Current Industry Status, Growth Opportunities, Top Key Players, Target Audience and Forecast to 2023 | Impact of COVID-19

 The cardiac resynchronization therapy (CRT) market is growing pervasively. Market growth mainly attributes to the growing rate of cardiovascular disorders worldwide. There has been a spurting increase in cardiac disorders cases and issues related to heart diseases. Despite the several innovative therapies, the prevalence of these diseases is rising, continually becoming a significant concern. Moreover, the growing adoption of CRT to treat cardiovascular disorders escalates the market growth on the global platform. 

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According to Market Research Future (MRFR), the global cardiac resynchronization therapy (CRT) market is poised to create a valuation of approximately USD 4.7 MN by 2025, growing at 5.5% CAGR during the forecast period (2019-2025). The CRT market is increasing as arterial disease patients increase continuously. Additionally, increasing demand for invasive techniques, raising awareness of CRT devices, and favorable government regulation towards reimbursement scenarios boost the growth of the market.

Rising technological advances in heart care, in terms of diverse engineering and design backgrounds, liability, privacy, and financial perspectives essential to succeed in a complex health care system foster the CRT market growth. Also, growing numbers of intensive care units and surgical procedures push market growth.  Changing lifestyle and subsequent rise in lifestyle diseases and disorders such as obesity and diabetes expand the cardiac resynchronization therapy (CRT) market.

Conversely, stringent regulations and reimbursement issues are the dominant factors anticipated to obstruct the growth of the market. Also, high costs associated with CR therapy inhibit the size of the market. Moreover, the lack of skilled healthcare professionals poses challenges to market progress. Nevertheless, rising investments in the healthcare sector would support the growth of the market throughout the estimated period.

Global Cardiac Resynchronization Therapy Market – Segments

The market is segmented into four dynamics;

By Application: Intraventricular dyssynchrony, Interventricular (V-V) dyssynchrony, Atrioventricular (A-V) dyssynchrony, and others. 

By Type: Cardiac resynchronization therapy pacemaker (CRT-P), Cardiac resynchronization therapy defibrillator (CRT-D), and others. 

By End-User: Hospitals, Cardiac Specialty Centers, Academic & Research Organizations, and others. 

By Regions: Americas, Europe, Asia Pacific, and Rest-of-the-world.

Cardiac Resynchronization Therapy Market   - Regional Analysis

North America dominates the global cardiac resynchronization therapy (CRT) market. The largest market share attributes to the prevalence of cardiovascular diseases among the rising geriatric population and vulnerability to hypertension and obesity issues leading to heart diseases and disorders. Adoption of cardiac resynchronization therapy in the Americas is high due to the growing number of people suffering from heart issues. Besides, factors such as increasing government initiatives and R&D funding and rising demand for technologically advanced CRTs substantiate the growth of the market. 

Europe stands second in the global cardiac resynchronization therapy (CRT) market. The market is drive by the increasing healthcare expenditure and availability of advanced treatment facilities. A growing geriatric population is leading to a rise in the number of musculoskeletal system disorder cases. Moreover, government initiatives of healthcare and increasing cardiovascular diseases in Europe foster the growth of the market. The European cardiac resynchronization therapy (CRT) market is estimated to register a phenomenal CAGR during the forecast period. 

The cardiac resynchronization therapy (CRT) market is brisk in the Asia Pacific region. The region is seeing a surge in the number of people afflicted with cardiac resynchronization therapy due to bad posture caused by lifestyle changes, aging, and genetic predisposition. Moreover, factors such as the faster adoption of advanced healthcare technologies, government initiatives to increase the quality of care,  favorable insurance, and reimbursement policies boost regional market growth. 

Furthermore, increasing numbers of multinational companies are setting up their manufacturing plants in emerging economies such as Singapore, China, Japan, Korea, and Australia. This, as a result, propels the growth of the regional market. The APAC cardiac resynchronization therapy (CRT) market is projected to create a substantial revenue pocket over the estimated period.

 

Global CRT Market   - Competitive Analysis

Fiercely competitive, the CRT market appears fragmented due to the presence of several well-established players. To gain a larger competitive share, industry players initiate strategies such as mergers & acquisitions, collaboration, expansion, and technology launch. Significant investments are transpired in the field to bring innovations in the therapy and clinical trials. Hospitals are investing heavily in developing a comprehensive, efficient, and state-of-the-art cardiac resynchronization therapy (CRT) facility. With advanced CRT and a complete rehabilitation schedule, these hospitals ensure that the patient has access to improved care at every stage of the treatment journey.

 Major Players:

Players leading the global CRT market include Medtronic, Abbott, Biotronik, Inc., Boston Scientific Corporation, Lepu Medical Technology Co., Ltd., Medico S.p.A., MicroPort Scientific Corporation, and Shree Pacetronix Ltd., among others. 

Industry/Innovations/Related News:

May 27, 2020 ---- Biotronik (Germany), a multinational biomedical technology company, declared results confirming that its two-lead CRT-DX system provides breakthrough therapy compared to conventional three-lead systems. Biotronik’s CRT-DX systems with its CRT-DX pulse generator and DX implantable cardioverter-defibrillator (ICD) provide atrial sensing and reduce complications associated with an additional atrial.

September 10, 2019 ---- EBR Systems, Inc.(the US), a leading developer of the only wireless cardiac pacing system for heart failure in the world, announced receiving the FDA Designation for its WiSE Cardiac Resynchronization Therapy (CRT) System. 

Table Of Contents

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

Chapter 5. Market Factor Analysis

5.1 Porters Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

5.1.2 Bargaining Power Of Buyers

5.1.3 Threat Of New Entrants

5.1.4 Threat Of Substitutes

5.1.5 Intensity Of Rivalry

5.2 Value Chain Analysis

Chapter 6. Global Cardiac Resynchronization Therapy Market, By Application

6.1 Introduction

Continued...

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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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Magarpatta Road, Hadapsar,

Pune – 411028

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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.

Veterinary Imaging Market 2025 Size, Share, Industry Trends, Business Revenue Forecast Statistics and Growth Prospective | COVID-19 Impact

Veterinary Imaging Market Overview:

The global veterinary imaging market, as per the reports of Market Research Future (MRFR), can eye for an impressive CAGR of 6.90% over the review period (2018-2023). The time-span can also witness a surpassing of the predicted market valuation of USD 1800 million by the global veterinary imaging market. Veterinary imaging is the technology that provides a detailed report about diseases that pets or animals have. The global veterinary imaging market is all geared to profit much from advanced technologies that the market titans are launching. 

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Factors that can trigger the market growth are cost-effective procedures, rising instances of pets getting covered by insurance policies, increasing disposable income, and surge in the ownership of pets across the world. Intensive animal farming can also impact the veterinary imaging market in the coming years. 

Veterinary Imaging Market Segmentation:

MRFR’s report provides a detailed segmental analysis of the veterinary imaging market based on product type, animal type, therapeutic area, and end-users. This segmentation would allow a more thorough look into the market to ensure that all the aspects are covered. 

Based on the product type, the veterinary imaging market comprises veterinary imaging reagents, veterinary imaging instruments, and veterinary imaging software. The veterinary imaging instruments segment has an edge over the rest in the current market. 

Based on the animal type, the veterinary imaging market can be segmented into large animals, small companion animals, and others. As per the record of 2017, the small companion animals segment fetched in the maximum market share. An increasing number of pet owners across the world is bound to impact the market. 

Based on the therapeutics areas, the veterinary imaging market consists neurology, cardiology, oncology, orthopedics & traumatology, and others. The orthopedics & traumatology segment is expected to fetch more than the rest during the forecast period.  This could happen as animals are more prone to bone injuries. The segmental growth can also be spurred by rising demand for accurate diagnostic solutions and availability of cutting-edge animal care facilities. 

Based on the end-user, the veterinary imaging market includes hospitals & clinics, academic institutes, and others. The hospitals & clinics segment was the largest one as of 2017 and is expected to retain its top position by the end of 2023. Academic institutes are also witnessing a surge for research purposes and can enjoy higher CAGR during the assessment period.

Veterinary Imaging Market Regional Analysis:

Region-specific analysis of the veterinary imaging market would include North America, South America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA). MRFR’s report has a detailed discussion of these regions both volume-wise and value-wise.

As per the reports of 2017, North America and South America, together, fetched the maximum amount of revenue for the global veterinary imaging market. The region maintained such a good record owing to the high rate of pet adoption. In addition, the pet insurance sector has witnessed significant growth in the U.S. and Canada owing to which the market experienced substantial expansion. 

Europe’s position as the second largest market is mostly due to the presence of several market leaders in the region. Ownership of pet and availability of pets are some of the strong points to trigger the growth further. Meanwhile, APAC secured its position as the third largest market, and it can be attributed to features such as the presence of large animal population around households, increasing disposal income, rising cases of nuclear families preferring to have pets, and surging investments by the market giants in Asian countries such as China and India.

Competitive Landscape:

MRFR includes several companies that would influence the veterinary imaging market in the coming years. They are Hallmarq Veterinary Imaging Ltd, Esaote SpA, Diagnostic Imaging System, Inc, Heska Corporation, General Electric Canon Inc., Merry X-Ray, Medical Imaging / IMCO, Inc, Fujifilm Holding Corporation, Carestream Health, BCF Technology Ltd, and Idexx Laboratories Inc.

In 2019, Sound, a global leader in providing veterinary imaging solutions, teamed up with Canon for their digital radiography detectors and medical SDK. The result is a software, that would provide a seamless, robust, veterinary-specific digital radiography system. 

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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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Industry Analysis on Antibiotic Resistance Market Size, Share and Demand

 Antibiotic Resistance Market Analysis 

 

The antibiotic resistance market is likely touch USD 13,146 million at a 5.8% CAGR between 2019- 2025, as per the new Market Research Future’s antibiotic resistance statistics. Antibiotics are medicines that are used for preventing and treating bacterial infections. Antibiotic resistance takes place when the bacteria changes in response to the usage of such medicines. The bacteria become antibiotic-resistant and not humans. These bacteria then may infect humans and are difficult to treat in comparison to non-resistant bacteria. Along with antibiotic resistance, antimicrobial resistance too may take place. Antimicrobial drug resistance encompasses resistance to drugs for treating infections resulting from other microbes such as fungi, viruses, and parasites. 

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Numerous factors are adding to the antibiotic resistance market demand. Such factors, as revealed by the latest MRFR report, include increasing initiatives worldwide to control drug-resistance, rise in clinical developments of antibiotic resistance, increasing prevalence of infectious & chronic disease, and growing antibiotic drug resistance infections. 

 

On the contrary, the high medical cost may limit the antibiotic resistance industry growth over the forecast period. 

 

Antibiotic Resistance Market Segmentation 

 

The Market Research Future Report provides an inclusive segmental analysis of the antibiotic resistance market based on end user, pathogen, disease, and drug class. 

 

By drug class, the antibiotic resistance market is segmented into oxazolidinones, lipoglycopeptides, tetracyclines, combination therapies, cephalosporins, and others. Others have again been segmented into vancomycin, sulfonamide, and others. Of these, combination therapies will lead the market over the forecast period for the rising use of such therapies for gram-negative infections, which have limited treatment. 

 

By disease, the antibiotic resistance market is segmented into community-acquired bacterial pneumonia, hospital-acquired bacterial pneumonia/ventilator, acute bacterial skim & skin structure infections, clostridium difficile infections, complicated intra-abdominal infections, bloodstream infections, and complicated urinary tract infection. Of these, complicated urinary tract infections will dominate the market over the forecast period. 

 

By pathogen, the antibiotic resistance market is segmented into campylobacter, pneumonia, clostridium difficile, pseudomonas aeruginosa, hemophilus influenza, enterococcus, acinetobacter, streptococcus pneumonia, staphylococcus aureus, and others. Others are again segmented into enterobacteriaceae, Neisseria gonorrhoeae, salmonella, and others. Of these, pneumonia will have the largest share in the market over the forecast period. 

 

By end use, the antibiotic resistance market is segmented into research organizations, hospitals and clinics, and others. Others are again segmented into emergency care centers, nursing homes, and academic institutes. Of these, hospitals and clinics is predicted to have a major share in the market over the forecast period for the majority of the procedures and treatments being carried out in hospitals. 

 

Antibiotic Resistance Market Regional Analysis 

 

By region, the global antibiotic resistance market report covers the growth opportunities and recent trends across Europe, the Americas, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the Americas will dominate the market over the forecast period. Factors propelling the antibiotic resistance market growth in the region include rising incidence of infectious diseases, rising adoption of antibiotic resistance, and rapidly growing pharmaceutical sector. 

 

The global antibiotic resistance market in Europe is predicted to hold the second-largest share during the forecast period for an increase in bacterial infections, rising incidence of infectious diseases, and increasing consumption of antibiotic resistance. 

 

The global antibiotic resistance market in the APAC region is predicted to grow at a high CAGR over the forecast period for the increasing number of hospital-acquired infections and antibiotic-resistant infections. 

 

The global antibiotic resistance market in the MEA is predicted to have healthy growth over the forecast period for the increasing consumption of antibiotic resistance and rising healthcare expenditure.

 

Antibiotic Resistance Market Key Players

 

Eminent players profiled in the global antibiotic resistance market report include Allecra Therapeutics (US), Procarta Biosystems (England), NEMESIS BIOSCIENCE LTD (UK), Entasis Therapeutics (US), Basilea Pharmaceutica Ltd. (Switzerland), Tetraphase Pharmaceuticals (US), Theravance Biopharma (UK), Seres Therapeutics (US), PARATEK Therapeutics (US), Nabriva Therapeutics plc (Ireland), MELINTA THERAPEUTICS, INC. (US), and Achaogen, Inc. (US). Industry players have incorporated strategies such as extensive research and development activities, strategic alliances, partnerships, acquisitions, mergers, new product development and launches, and collaborations to stay ahead in the competition. 

 

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Airway Management Market Overview, Competitive Landscape and Forecast to 2025

 Airway management is the process of maintenance and utilization of devices and procedures to ensure the steady stream of air supply to patients. These devices are employed during surgeries and patients with acute airway obstruction or respiratory failure. The global airway management market report by Market Research Future (MRFR) takes a look at the various developments in airway devices, product benchmarking, trends and opportunities, and competitive analysis for the period of 2019 to 2025 (forecast period). The impact of the COVID-19 pandemic on the market has been featured in the report.

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Airway Management Market Scope

The global airway management market value is expected to exceed USD 1,764.47 million by 2025. It can exhibit a CAGR of 5.2% over the forecast period. 

The high rate of respiratory disorders is the primary driver of the market. According to the WHO, nearly 65 million have been diagnosed with moderate to severe chronic obstructive pulmonary disorder (COPD). The susceptibility of the elderly populace and the increased use of anesthesia can sustain its demand from hospitals and clinics. Development of advanced devices and awareness of limited ventilation can induce heavy demand for airway management products.

The COVID-19 pandemic has brought the use of airway management devices to the forefront. The lack of mechanical ventilators has led to biomedical engineers and scientists using temporary ventilators made with the help of oxygen concentrators, nebulizers, resuscitators, and other devices.

But the risk of airway management procedures for neonatals can restrain market growth.

Airway Management Market Segmentation

The global airway management market is segmented by product type into anesthesia masks, supraglottic, infra-glottic, laryngoscopes, accessories, and others.

The supraglottic segment is expected to perform exceptionally owing to being placed in the trachea easily. It is used to ventilate or maintain the airway during surgeries. This segment has been further sub-segmented into laryngeal mask, nasopharyngeal, oropharyngeal airways, and others. 

Laryngoscopes are small devices used in identifying abnormalities in the throat and larynx or voice box of the patient. Commercial availability of devices such as McGRATH MAC Video Laryngoscope by Medtronic can bode well for the market. Anesthesia masks, on the other hand, are masks used during the surgical procedures to provide oxygen to patients. 

The global airway management market based on application has been segmented into surgery, general anesthesia, respiratory care, and others. Among them, surgery is expected to gain the largest share in the global market. The rising number of surgical procedures can facilitate segment growth.

End-users of airway management devices are surgical centers, hospitals, and others.  Hospitals are medical settings in which airway management devices are used as a primary point-of-care for treating patients with chronic diseases or injuries. 

Airway Management Market Regional Analysis

By region, it is segmented into the Americas, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).

The Americas held the largest share owing to the rising number of road accidents in this region. Airway management is mainly used in fatal injuries, surgical procedures, and accident cases. Thus, it is estimated to foster regional airway management market growth. Change in healthcare guidelines and the rising cases of the COVID-19 virus can fuel the demand for such devices.

Europe held the second-largest share in the market owing to an increase in the rate of surgical procedures in the region. This is exemplified with Germany accounting for approximately 0.86 million surgical procedures. 

On the other hand, APAC is the fastest-growing market for airway management on account of the increasing awareness of technological advances and application of airway management.

Airway Management Market  Competitive Outlook

Ambu A/S, Vyaire Medical, Smiths Group PLC, Vbm Medizintechnik GmbH, Salter Labs, Teleflex Incorporated, Sourcemark, Sunmed, Intersurgical Inc, Roper Technologies, and Medtronic are key players of the global airway management market.

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About Market Research Future:

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

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

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

Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

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