Soft Tissue Repair Market 2020 Expected to Showcase Extensive Growth, Business Opportunity | MRFR

 Soft Tissue Repair Market Overview:

 The global soft tissue repair market had a valuation of USD 5200 million in 2017 and from there, it is planning a leap with 6.2% CAGR during the forecast period of 2018 to 2023. Market Research Future (MRFR) studied several changes and included factors like the rising cases of sports-related injuries and the inclusion of top-notch technologies as major growth-inducers. In addition, reimbursement policies, untapped potential in emerging countries, products in the pipeline for approval, and healthcare expenditure are expected to make an impact on the market.

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Soft Tissue Repair Market Segmentation:

The global soft tissue repair market has been segmented on the basis of product, application, and end user. These segments have a lot of data related to various factors, which can inspire strategies that could make the market more sustainable. 

By product, the global market for soft tissue has been segmented on the basis of tissue patch/match, a laparoscopic instrument, fixation products, and others. The fixation products segment includes suture anchors, suture, and interference screw. The tissue patch/match segment encompasses biological and synthetic. The biological segment has been studied on the basis of allograft and xenograft.

By application, the study on the market includes skin repair, hernia repair, orthopedic surgery, breast reconstruction, dental reconstruction, cardiovascular surgery, vaginal sling repair, and others. The dental reconstruction segment is getting backed substantially. A rise in demand for aesthetic changes is boosting the breast reconstruction segment.

By end user, the market includes hospitals, clinics, research & academic institutes, and others.

Soft Tissue Repair Market Regional Analysis:

The Americas would take charge of the global market as the market is getting backing in the Northern part due to the rising expenditure in research and development. Two countries, the US and Canada, are impacting the most. Their superlative infrastructure is also providing much support to the market.

Soft Tissue Repair Market Competitive Landscape:

Arthrex, Inc., Integra LifeScience Corporation, Stryker Corporation, C.R. Bard, Inc., Allergan Plc., Athersys, Inc., Depuy Synthes, Smith & Nephew plc, Organogenesis Inc., Zimmer Biomet Holdings, Inc., CryoLife, Inc., Medtronic Plc., U.S. Stem Cell, Inc., Wright Medical Group, Inc., Lifenet Health, Inc., American Medical Systems Inc., Isto Biologics, and others are companies that got involved in the soft tissue repair market. Most of these companies are planning changes in their strategic moves and some have already started implementing them to sustain during the forecast period. These moves often span across mergers, collaborations, product launching, branding, better funding for research and development, and others. MRFR’s attempt to dig deep into the market to find out various changes is getting reflected in its efforts to map the recent steps taken by these companies, which may help in charting a proper course in the coming days.

Industry News:

The global soft tissue repair market is witnessing a slight fall in the market revenues as the COVID-19 crisis has forced people to stay inside. Governments across nations made a decision to provide resources to people suffering from various diseases on the basis of emergency. In treating patients, governments are now focusing on cases with serious impacts. That pushes the soft tissue repair market back. This is triggering a slight plummet in the market revenues. Also, funds allocated for research and development are getting mostly diversified to COVID-19 research. 

However, various states are lifting the lockdowns, which would inspire people to go out and hit the gym or start getting involved in sports. These two are major traction providers for the soft tissue repair market. Such a change would also create scope for treatment-associated products to plan their strategies accordingly. 

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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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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.

 

Compressed Air Treatment Equipment Market Growth Is Driven By The Increasing Demands of Various Therapies and Geographical Regions

 Market Highlights

According to MRFR analysis, Global Compressed Air Treatment Equipment Market is expected to register a CAGR of 6.5 from 2020 to 2027 and hold a value of USD 12,500 Million till 2027.

 

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Global Compressed Air Treatment Equipment Market is driven by several factors, such as high product penetration across various end-use industries such as F&B, pharmaceuticals, chemicals, and others, rising demand from these industries to protect air compressors from corrosion or rust, and technological advancements in the compressed air treatment equipment are augmenting the market growth.

A lot of established and emerging market players are dominating the global compressed air treatment equipment market. The prominent players are involved in strategic agreements, product launches, and joint ventures to sustain their market position. For instance, in May 2017, Atlas Copco (US) acquired Pressure Compressors Ltd (Brazil) and related manufacturers. The acquisition was carried out to help strengthen their presence in both countries, namely Brazil and US.

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Segmentation

Global Compressed Air Treatment Equipment Market has been segmented into Product, Application, and End-Use.

Based on the product, the market has been segregated into filters, dryers, air coolers, and others. The filters segment is expected to gain traction over the forecast period due to its advantages, such as easy-to-use filters, energy efficiency, and provision of safety and flexibility. Furthermore, the dryers segment is expected to be the fastest-growing segment during the forecast period owing to the rise in demand for such devices.

Based on application, the global compressed air treatment equipment market has been classified as plant air/shop air, process air, and instrument air and breathing air. The process air application segment is expected to lead over the forecast period. This is due to the rising demand for compressed air treatment systems across a host of industries, such as pharmaceuticals and which requires a steady supply of clean & oil-free compressed air. The process air segment is anticipated to be the fastest-growing segment owing to the rising use of compressed air treatment equipment for the process air application.

Based on end-use, the F&B segment is expected to be the fastest-growing, and the pharmaceuticals segment held the major share of the market. The global compressed air treatment equipment market is classified as chemicals, F&B, pharmaceuticals, and others. The quality of compressed air in these sectors is of utmost importance as these industries require clean air without any contamination in their operation. Increasing adoption of compressed air treatment equipment by these end-use industries and the presence of regulatory constraints are primarily driving the market growth. On the other hand, the pharmaceuticals segment held the largest share in 2019 owing to the increasing number of pharmaceutical companies using air compressors.

Regional Analysis

On regional basis, the Americas is anticipated to dominate the global compressed air treatment equipment market, owing to the factors such as increasing number of manufacturing facilities, presence of many F&B and pharmaceutical companies, need for optimal energy efficiency, and new technological advancements in products being used in compressed air treatment equipment. Furthermore, regulatory standards such as the ANSI/ISA Instrument Air Standard by the Instrument Society of America equipment aid significantly in the market growth.

 On the other hand, Europe is expected to hold the second position in the global compressed air treatment equipment market due to the favorable regulatory scenario supporting the compressed air treatment procedure and the presence of major giants in the market involved in merger & acquisition, regional expansion, and new product innovation. For instance, in April 2018, Atlas Copco (Sweden) introduced Smart AIR Solutions. These are complete air or gas solutions designed to provide customers with the lowest life cycle costs for their equipment.

Asia-Pacific is anticipated to be the fastest-growing region due to increasing industrialization and urbanization, stringent regulations governing emissions and treatment of industrial effluents, and the need for achieving high efficiency with mechanical equipment and factory processes.

Furthermore, the development in the countries such as Saudi Arabia and the UAE in the Middle East & Africa compressed air treatment equipment market is attributed to the technological development in compressed air treatment equipment being used in several end-use verticals, increasing number of manufacturing facilities, and rising demand for purified air.

Key Players                                                                     

Some of the key players in the global compressed air treatment equipment market are Atlas Copco Corporation (Sweden), Airfilter Engineering (Malaysia), Alpha-Pure (US), Beko Technologies (India), BOGE Compressors (Germany), Chicago Pneumatic (India), Donaldson Company, Inc. (US), Gem Equipment’s Ltd (India), Industrial Air Power (IAP) (UK), Kaeser Compressors, Inc. (Germany), Pneumatech, Inc. (US), Pentair plc. (US), Precision Filtration Products (US), Seneca Companies, Inc. (US), Hitachi Ltd. (Japan), Sullivan-Palatek, Inc. (US), Van Air Systems (US), and Gardner Danver (US).

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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Veterinary POC Diagnostic Market Size, Share, Growth Insight, Competitive Analysis, Business Opportunities, Statistics, And Regional Forecast To 2027

 Veterinary POC Diagnostic Market Highlights

According to MRFR analysis, the Global Veterinary POC Diagnostic Market is expected to register a CAGR of 8.9% during the forecast period of 2020 to 2027 and reach USD 2,894 Million by 2027.

Changes in veterinary healthcare system like Point-of-Care (POC), it enables rapid results in non-laboratory settings. There is traction in the veterinary point-of-care diagnostics market due to the adoption of advanced and innovative diagnostic testing methods.

The growth of the global veterinary POC diagnostic market can be attributed to the growing need for rescue medication, demand for POC diagnostic in the field of veterinary as the diseases in animals is increasing and affecting the human being as well.

Furthermore, growing companion animal population, growing prevalence of animal zoonotic diseases, rising demand for pet insurance & growing animal health expenditure, an increasing number of veterinary practitioners, increase in income levels in developed economies are expected to fuel the market growth during the forecast period.

However, the increasing pet care costs and high cost of veterinary imaging instruments are expected to restrain the growth of the global veterinary POC diagnostic market.

Several market players such as IDEXX Laboratories, Heska Corporation, and Fujifilm among others currently dominate the global veterinary POC diagnostic market. The key players are involved in awareness campaigns, product approvals, mergers, and strategic collaborations to strengthen their market positions, for instance, In January 2020, IDEXX launched the Vcheck Feline NT-proBNP test kit, In January 2020, Heska Corporation acquired SCIL Animal Care Company (Germany) to complement the company's veterinary diagnostics portfolio and expand the geographic portfolio across North America and greater Europe and reach over to 25 countries across these regions., In July 2019, Fujifilm Corporation established FUJIFILM VET Systems Co., Ltd in Japan to supply its veterinary products segment to veterinary clinical practices in the country. This expansion would enhance the company's veterinary medicine business in Japan. In January 2018, IDEXX launched the IDEXX Catalyst SDMA Test.

Veterinary POC Diagnostic 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 in 2019, owing to the rising animal zoonotic diseases in the region. The veterinary POC diagnostic 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 veterinary POC diagnostic market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The veterinary POC diagnostic market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the increasing zoonotic diseases, the market in Asia-Pacific is expected to be the fastest-growing. The veterinary POC diagnostic market in the Middle East & Africa has been divided into the Middle East and Africa.

Veterinary POC Diagnostic Market Segmentation

Global Veterinary POC Diagnostic Market has been segmented based on the Product, Technology, Application, Animal Type, and End User.

Based on the type, the global veterinary POC diagnostic market has been segmented into Consumable, Instruments. The consumable segment is expected to hold the largest market Share owing to the increasing demand for the rapid detection of diseases, the growing prevalence of animal zoonotic diseases.

On the basis of technology, the market has been segmented into Clinical Biochemistry, Immunodiagnostics, Hematology, Urinalysis, and Molecular Diagnostics. Clinical Biochemistry is expected to hold a major market share due to the higher preference for various advanced clinical diagnostic products by veterinarians and pet owners are contributing to the large share of this segment.

Based on the application, the market has been segmented into Clinical Pathology, Bacteriology, Virology, Parasitology, Orthopedics & traumatology, Gynecology, Oncology, Cardiology, and Neurology. Clinical pathology is expected to grow at the fastest CAGR.

The market based on end user has been segmented into hospitals & clinics, home care, and others. The hospitals and clinics segment is expected to hold the largest market share owing to the larger patient footfall in hospitals.

Based on the animal type, the market has been segmented into Companion animals, Livestock Animals. Clinical pathology is expected to grow at the fastest CAGR.

Key Players

Thermo Fisher Scientific, Inc. (US), Idexx Laboratories, Inc. (US), Zoetis, Inc. (US), Virbac (France), Heska Corporation (US), Eurolyser Diagnostica GmbH (Austria), Woodley Equipment Company Ltd. (UK), Randox Laboratories, Ltd. (UK), AniPoC, Ltd. (UK), Carestream Health, Inc. (US), Neurologica Corporation (US), Fujifilm Sonosite, Inc. (Japan), Diagnostic Imaging Systems, Inc. (US), Esaote spa (Italy), Mindray Medical International Limited (A Part of Excelsior Union Limited) (China), GE Healthcare (US), Minxray, Inc. (US), QR s.r.l. (Italy), Sedecal (Spain), Examion GmbH (Germany)

Table Of Contents

1. EXECUTIVE SUMMARY

1.1. Market Attractiveness Analysis

1.1.1. Global Veterinary POC Diagnostic Market, By Product

1.1.2. Global Veterinary POC Diagnostic Market, By Technology

1.1.3. Global Veterinary POC Diagnostic Market, By Application

1.1.4. Global Veterinary POC Diagnostic Market, By Animal Type

1.1.5. Global Veterinary POC Diagnostic Market, By End User

1.1.6. Global Veterinary POC Diagnostic Market, By Region

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope Of The Study

2.3. Market Structure

3. RESEARCH METHODOLOGY

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List Of Assumptions

4. MARKET DYNAMICS

4.1. Introduction

4.2. Drivers

4.2.1. Growth In The Companion Animal Population

4.2.2. Increasing Prevalence Of Zoonotic Diseases

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

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com 

 

Neurology Devices Market Challenges, Key Players, Industry Segments, Development, Opportunities, Forecast Report 2027

 Market Highlights

According to MRFR analysis, the Global Neurology Devices Market is expected to register a CAGR of 10.2% during the forecast period of 2020 to 2027 and reach USD 21,029.7 Million by 2027.

Neurology devices are used for the treatment of neurological disorders that comprise pathophysiological conditions that affect the brain, spinal cord, and nervous system.

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The market for neurology devices is expected to grow at boost due to a surge in the prevalence of the neurological disorder, a growing aging population, increasing adoption of technologically advanced devices, and growing demand for minimally invasive devices. However, high cost and stringent regulatory government regulations are some of the factors expected to hinder the growth of the market.

The global market is expected to witness a profitable growth owing to the rise in neurological disorders such as Parkinson’s, Alzheimer’s, epilepsy, depression, and essential tremors. As per the statistics of WHO in 2017, around 50 million people all over the world were affected by epilepsy. Additionally, Alzheimer's Research UK stated that over 50.8 million people worldwide were affected by dementia in 2017 and was expected to reach 55 million patients in 2020. Moreover, this number would double every 20 years, reaching 75 million by 2030 and 131.5 million by 2050. These huge prevalence of neurological disorders among the population and rising healthcare expenditure for neurological disorders are driving the growth of the neurology devices market.

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Segmentation

The global neurology devices market has been segmented based on the product, and end user.

Based on product the market is segmented into neurostimulation, Interventional neurology, CSF management, and Neurosurgery devices. Neurostimulation segment accounted for the major market share owing to the increasing prevalence of epilepsy, Parkinson's disease, tremor, dystonia, depression, obsessive-compulsive disorder, Tourette syndrome, chronic pain, and cluster headache. The segment is further bifurcated by spinal cord stimulation devices, deep brain stimulation devices, sacral nerve stimulation, vagus nerve stimulation, and gastric electric stimulation.

Interventional neurology segment is divided into aneurysm coiling & embolization (embolic coils, flow diversion devices, liquid embolic agents), cerebral balloon angioplasty & stenting (carotid artery stents, filter devices, balloon occlusion devices), neurothrombectomy (clot retriever, suction aspiration devices, snares). Moreover, CSF management is further distributed into the following sub-segments, CSF shunts, and CSF drainage. The neurosurgery devices segment is further sub-segmented into ultrasonic aspirators, stereotactic systems, neuroendoscopes, and aneurysm clips. The segment is expected to grow at the fastest CAGR during the forecast period owing to the increasing demand for non-invasive neurosurgery. 

The market based on end users has been segmented into hospitals & clinics, specialty centers, and others. The hospitals and clinics segment is expected to hold the largest market share owing to the larger patient footfall in hospitals.

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 in 2019, owing to the increasing adoption of technological devices, favorable reimbursement scenarios, and the presence of major manufacturers among others. The neurology devices 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 neurology devices market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The neurology devices market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the increasing geriatric population, the market in Asia-Pacific is expected to be the fastest-growing. The neurology devices market in the Middle East & Africa has been divided into the Middle East and Africa.

 
Key Players

Some of the key players in the global neurology devices market are B. Braun Melsungen AG, Boston Scientific Corporation, Integra LifeSciences Holdings Corporation, Johnson and Johnson, Medtronic Inc., St. Jude Medical, Inc., Stryker Corporation, W.L. Gore & Associates, Inc., and Esaote, among 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

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Pune – 411028

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Email: sales@marketresearchfuture.com 

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.

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 

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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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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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.