Industry Analysis Reports | Health Care | Medical Devices

Thursday, 15 April 2021

Medical Imaging Market 2021: COVID-19 Impact Trends, Industry Forecast, Applications, Growth Drivers, Trends & Demands – Global Forecast to 2027

Market Highlights

Market Research Future (MRFR) assessed the global medical imaging market Companies 2020 through the review period till 2025. MRFR study states that the medical imaging market is expected to rise at 6.52% CAGR across the forecast period. By 2025, the medical imaging market value can touch USD 45,719.65 Mn. Technological advancements in healthcare applications and strategic agreements among top-notch tech companies and medical service providing giants are causes that are expected to support expansion of the medical imaging market in the years ahead. Improvements in point-of-care in case of ultrasound systems, easy portability of magnetoencephalography (MEG) brain scanners, and other revolutionizing trends in the diagnostic sector are anticipated to contribute to the improving impetus of the medical imaging market. Medical imaging solution providers are investing in innovations designed to offer accurate imaging solutions at affordable price. This is expected to create lucrative scope for the new players in the medical imaging market. However, surge in cost of diagnostic image solutions and inability of healthcare organizations to purchase expensive imaging systems due to economic disruption induced by COVID 19 pandemic can hinder the medical imaging market rise.

Segment Analysis

The segment study of the global medical imaging market are modality, end-user, and application. The modality-based segments of the medical imaging market are magnetic resonance imaging (MRI), x-ray systems, ultrasound systems, and nuclear imaging, and computed tomography (CT). The application-based segments of the global medical imaging market are cardiology, neurology, and oncology among others. The end-user-based segments of the medical imaging market are hospitals and clinics, academic institutes, diagnostic centers, and research organizations.

Imaging systems play pivotal role in diagnosis, and subsequent designing of correct and effective prognosis regimen. The increasing need for medical imaging systems in diagnosis, choice of treatment, and monitoring progress, is resulting in strategic joint ventures between reputed players to generate decent revenue. In addition, hike in research and development undertakings for advancements in imaging devices and growing awareness about new diagnostics solutions to detect fatal disease at early stage are creating scopes for emerging players to capitalize, for generating decent resources. Lack of trained professionals and financial strap on healthcare organizations are some issues hindering sales of medical imaging systems.

Regional Analysis

The Americas, Europe, Middle East and Africa, and Asia-Pacific are regions that are assessed under the geographic analysis of the medical imaging market. As per MRFR study, the Americas medical imaging market can dominant the global market in review tenure. The presence of numerous medical imaging system suppliers and growing prevalence of chronic diseases can prompt the regional market in the review period. The surge in funding by medical and technical organizations for research can benefit the market in the coming period. The rise in number of diagnostic tests and increase in research undertaking on cancer can bolster the regional medical imaging market growth.

In Europe, the medical imaging market is expected to earn decent value through the forecast term due to the presence of different favorable government laws and initiatives. The existence of a large population base suffering from lifestyle-associated conditions, and high rate of adoption imaging devices are other causes that can influence Europe medical imaging market in the approaching years.

In Asia Pacific, the medical imaging market can expand at high CAGR across the study tenure 2019 to 2025. Increase in capita health spending, developing healthcare sector across India, and Australia, growing older population base, and the presence a robust regulatory framework that aid in accelerated diagnostic process and product approvals at comparatively lower prices are some of the crucial factors that are identified to support APAC medical imaging market by 2025.

In the Middle East and Africa, the medical imaging market can rise at a modest pace from 2019 to 2025. The medical imaging market in Middle East can hold considerable market share through the assessment period. The developing medical infrastructure and surge in cases of medical tourism are causes that can earn profit for the medical device industry.

Key Players

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

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

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Compression Therapy Products Market 2021 Global Trends, COVID-19 Pandemic Impact, Share, Industry Size, Growth and Comprehensive Research Study till 2027

Market Overview

Market Research Future (MRFR) says that the compression therapy product market had touched USD 2600 million in the year 2017 and should attain a growth rate of 5.2% between 2020 and 2027 (review period).

Primary Drivers and Barriers

Compression therapy and the products used during treatment offer a host of benefits including reduction of foot and leg volume, hypertension and venous reflux. The soaring awareness about these benefits and the rising purchasing capacity of consumers are projected propel the market demand in the coming years. Additionally, the surging availability of products like bandages, stocking and pneumatic devices that facilitate effective treatment among patients with different conditions should also enhance the market share in the years to come.

The global market for compression therapy receives a significant boost from the escalating number of orthopedic surgeries in view of growth in accidents as well as obese patients. The expanding geriatric patient pool suffering from orthopedic conditions will also favor the global industry in the near future. Extensive use of compression garments for the treatment of sports injuries can offer lucrative opportunities to the major manufacturers. Compression therapy is increasingly being used by sports doctors for preventing swelling and inflammation due to trauma or injury. Compression products are also used for boosting the blood circulation, restricting coagulation of the fluids present in tissues, which helps promote muscle health.

Affluent firms in the market are indulging in fierce competition by adoption the outsourcing strategy. Manufacturers are also focused on setting their production units in emerging nations to reduce production costs and leverage untapped growth opportunities.
Market Segmentation

The compression therapy industry has been considered for technique, product and application.

The key compression therapy techniques are dynamic compression therapy as well as static compression therapy.

The products listed in the market study include compression pumps, compression braces and compression garments. The types of compression garments in the market are compression bandages & wraps, compression stockings, and more. Bandages and wraps generate considerable demand in the market since they are largely used for treating venous, lymphatic and edema disorders related to the lower limb. Benefits of bandages and wraps include robust tension sustainability, cost-effectiveness, elasticity and extensibility, which raise their demand for the treatment of various venous disorders.

Top applications of compression therapy include deep vein thrombosis treatment, varicose vein treatment, leg ulcer treatment, lymphedema treatment, and others.

Regional Status

The compression therapy industry has been segregated with respect to a few major regions, namely Asia Pacific/APAC, MEA or Middle East & Africa along with the Americas as well as Europe.

The Americas is the highest revenue generating market and the demand for compression therapy is found to be significantly high in the US and Canada. These countries accommodate some of the world-renowned companies that offer extensive lines of compression therapy products and devices. The stunning growth in the number of spinal and orthopedic surgeries coupled with the expanding patient population suffering from varicose veins, lymphedema and DVT enhance the market size in the region. Other encouraging factors can be accelerated cases of sports injuries.

Europe stands as the second most lucrative market for compression therapy, thanks to the exhaustive research and development activities conducted by the players. Surge in the prevalence of vein disorders including deep vein thrombosis, leg ulcers, varicose veins, blood clots and lymphedema. Sales of compression therapy products like bandages and stockings are booming in the region, with strong support from the government in the form of favorable reimbursement schemes. High awareness level among patients and the presence of a vast number of reputed pharmaceutical vendors that strive to commercialize their products also ensure optimistic prospects for the European market.

Asia Pacific, with the rapid penetration of a number of global players and improvement in the healthcare sector, has procured the fastest CAGR in the global market. The market size in APAC continues to expand rapidly backed by the growth in healthcare spending and substantial investments on researches by the established companies. Increase in people’s disposable income and the continuous advances in healthcare will offer a host of attractive opportunities in the ensuing years. Japan is a prominent market for compression therapy in the region, presumably due to the frequent technological advances and players constantly teaming up to boost their distribution networks and more.

Key Firms

The major companies in the global market for compression therapy include Medtronic PLC, Bio Compression Systems, Inc., Medi GmbH & Co. Kg, 3M, Cardinal Health, Inc., Sanyleg S.R.L., Tactile Medical, BSN Medical, Convatec Inc., DJO Global Inc., Paul Hartmann AG, Smith & Nephew PLC., Juzo, Sigvaris, Getinge AB, to name a few.

About Market Research Future:

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.

Biologics Market: Demand, Size, Share, Growth, Trends, Industry Analysis, Key Player profile and Regional Outlook by 2027 | Impact of COVID-19

Global Biologics Market Research Report: By Product (Monoclonal Antibody, Interleukins, Vaccines, Growth Factors, Gene Therapy, Others), By Disease Indication (Rheumatoid Arthritis, Psoriasis/Psoriatic Arthritis, Cancer, Diabetes, Others), By Manufacturing (In-house, Sourced) - Forecast to 2023

Biologics Market Overview

The biologics market is anticipated to grow by US$285,520.4 Million by 2023 rapidly growing at a CAGR of 6.95% during the forecast period. The global biologics market is driven by development of several biopharmaceutical products.

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These factors have helped shape the biologics market and are expected to boost the growth. Companies in the biologics market could also face challenges such as high biologics production costs and restrictions in access to capacity. The details covered in the biologics market report cover all the aspects of the industry. biologics market analysts have also shared growth projections in the report and have suggested biologics market players to plan growth strategies accordingly.

Biologics Market Segmentation

The global biologics market has been segmented based on disease indication, manufacturing, and product. On the basis of disease indication, the market for biologics is segmented based on cancer, diabetes, others, psoriasis/psoriatic arthritis, rheumatoid arthritis. Additionally, the market on the basis of manufacturing, is segmented into in-house, sourced. The global market for biologics is also covered based on the product segment which is further split into gene therapy, growth factors, interleukins, vaccines, monoclonal antibody, and others.

Factors like expansion of manufacturing capabilities and rise of the new biotechnology procedures support the biologics market growth. The performance of the biologics market has also been studied for the past and current years. Additionally, the biologics market report provides analysis of these segments. The biologics market segmental analysis provided in the report offers major details about the biologics market performance and future.

Biologics Market Regional Overview

Companies in the biologics market are spread across the world. The biologics market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American biologics market has many companies across the United States, Canada, and Mexico. Europe has companies in the biologics market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the biologics market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The biologics market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the biologics market can be found in the market research report.

Biologics Market Competitive Landscape

The biologics market is supported by promoted research into genetics and robust development of healthcare solutions with the help of technology. The population growth around the world and increasing demand of biologics market based services and products also support the market growth. However, the biologics market growth can be affected due to restrictions in access to capacity and companies’ inability to access higher capacity for manufacturing. The report covers all such details which will help companies in the biologics market to strengthen their business plan and improve their product portfolio. The biologics market research report also provides company profiles of major companies. The company profiles of many organizations operating in the biologics market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the biologics market. New companies and established businesses can plan their strategies based on this data provided in the biologics market research report.

Industry News

WuXi Biologics, a multinational organization with leading open-access technology systems for biologics, and Bayer today announced an acquisition arrangement in which WuXi Biologics will take over and run the Wuppertal site of Bayer's Drug Substances plant. The firms are now preparing to enter into a long-term sublease arrangement and a contract for a relocation facility. The deal value, including the sublease arrangement, amounts to about EUR 150 million.

About Market Research Future:

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.

3D Printing Medical Devices Market 2021 Regional Trends, Business Operation Data, Overview, Price Trend, Research Methodology, Potential Targets, Analysis & Forecast 2027

Global 3D Printing Medical Devices Market: by Types (surgical guides and others), by Component (system and others), by Technology (3D printing and others), by Application (external wearable devices, implants and others), by End-users - Forecast till 2023

3D Printing Medical Devices Market Overview

The 3D printing medical devices market is projected to grow rapidly at a CAGR of 18% throughout the forecast period 2018–2023. Increasing investment by the government as well as development of medical devices drive the global 3D printing medical devices market.

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These key growth drivers have incredibly helped the 3D printing medical devices market and are estimated to boost the growth. Analysts studying the 3D printing medical devices market have also shared growth projections in the 3D printing medical devices market research report and have suggested 3D printing medical devices market-based companies to develop growth strategies. Unfavorable reimbursement policies are biocompatibility issues the challenges that companies across the 3D printing medical devices market could face. Spanning across many regions around the world The details covered in the 3D printing medical devices market report cover all the aspects of the industry.

3D Printing Medical Devices Market Regional Overview

The 3D printing medical devices market report covers companies functional in the 3D printing medical devices market spread across regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The regional analysis of the 3D printing medical devices market can be found in the market research report. The North American 3D printing medical devices market has several key players functioning in the United States, Canada, and Mexico. Europe has companies in the 3D printing medical devices market across Germany, France, Spain, Italy, and the United Kingdom. The 3D printing medical devices market of the Middle East, Africa, and other regions has also been studied by analysts. A detailed analysis of the 3D printing medical devices market across India, China, and Japan in the Asia-Pacific region is also available for further study.

3D Printing Medical Devices Market Segmentation

The global 3D printing medical devices market report has been segmented based on application, component, end-users, technology, types. On the basis of types, the market for 3D printing medical devices is segmented based on surgical guides and others. Additionally, the market on the basis of components, is segmented into systems and others. The global market for 3D printing medical devices is also covered based on technology segment which is further split into 3D printing and others. On the basis of application, the market for 3D printing medical devices is segmented based on external wearable devices, implants and others. Additionally, the market on the basis of end-users, is segmented into academic institutions and contract research organizations, medical and surgical centers, pharma and biotech companies, and hospitals.

Factors like growing application of 3D printing devices and technological innovations propel the 3D printing medical devices market growth. The 3D printing medical devices market performance has also been studied. The 3D printing medical devices market report provides analysis of past and current trends. In addition to this, the 3D printing medical devices market report offers detailed analysis of application, component, end-users, technology, types segments. The market segmental analysis provided in the 3D printing medical devices market research report offers crucial details about the 3D printing medical devices market based on the data and forecasts till 2023.

3D Printing Medical Devices Market Competitive Landscape

The 3D printing medical devices market is corroborated by a rapidly expanding customer base. The population growth as well as increasing demand of 3D printing medical devices market based solutions also accelerate the market growth. However, the 3D printing medical devices market can be affected due to high cost of printers as well as limited technical expertise. The 3D printing medical devices market research report covers all such factors assisting companies in the 3D printing medical devices market to improve their plans and portfolio. The 3D printing medical devices market research report also provides company profiles of major businesses. The 3D printing medical devices market report highlights crucial details about organizations operating across North America, Europe, Asia-Pacific (APAC), and the rest of the world regional markets. The details available in the 3D printing medical devices market report cover company strategies, revenue, company size, and mergers and acquisitions in the 3D printing medical devices market. New entrants as well as established organizations can use the data from 3D printing medical devices market report to further plan their strategies.

Industry News

Desktop Metal Inc., a 3D printer, has decided to buy EnvisionTEC, a competitor who is familiar with the topic. The deal would be worth EnvisionTEC $300 million, and consists of cash and newly released inventories, the people said, who requested to not identify the details because it was not available. The deal is scheduled to end in the first quarter and to be closed.

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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.

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Anti-viral drugs Market is expected to register a Healthy CAGR of 6.9% during 2018-2027

Global Anti-viral drugs Market Information, by application (hepatitis, HIV/AIDS, herpes, influenza and others) and by mechanism of action (nucleotide polymerase inhibitors, reverse transcriptase inhibitors, protease inhibitors and others) - Forecast to 2022

Overview

The anti-viral drugs market companies is anticipated to grow by US$62.67 by 2022 rapidly growing at a CAGR of 6.9% during the forecast period. The global anti-viral drugs market is driven by rise in healthcare expenditure and emergence of life-threatening diseases. These factors have helped shape the anti-viral drugs market and are expected to boost the growth. Companies in the anti-viral drugs market could also face challenges such as lack of awareness and shortage of skilled professionals. The details covered in the anti-viral drugs market report cover all the aspects of the industry. Anti-viral drugs market analysts have also shared growth projections in the report and have suggested anti-viral drugs market players to plan growth strategies accordingly.

Market Segmentation

The global anti-viral drugs market has been segmented based on mechanism of action and application. On the basis of applications, the market for anti-viral drugs is segmented based on herpes, HIV/AIDS, influenza, hepatitis, and others. Additionally, the market on the basis of mechanism of action, is segmented into nucleotide polymerase inhibitors, protease inhibitors, reverse transcriptase inhibitors, and others.

Factors like growing research and development investment and increasing incidence rates of viral infections support the anti-viral drugs market growth. The performance of anti-viral drugs market has also been studied for the past and current years. Additionally, the anti-viral drugs market report provides analysis of these segments. The anti-viral drugs market segmental analysis provided in the report offers major details about the anti-viral drugs market performance and future.

Regional Overview

Companies in the anti-viral drugs market are spread across the world. The anti-viral drugs market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American anti-viral drugs market has many companies across the United States, Canada, and Mexico. Europe has companies in the anti-viral drugs market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the anti-viral drugs market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The anti-viral drugs market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the anti-viral drugs market can be found in the market research report.

Competitive Landscape

The anti-viral drugs market is supported by growing research and development investment. The population growth around the world and increasing demand of anti-viral drugs market based services and products also support the market growth. However, changes in policies and lack of clarity in guidelines can affect the market growth. The report covers all such details which will help companies in the anti-viral drugs market to strengthen their business plan and improve their product portfolio. The anti-viral drugs market research report also provides company profiles of major companies. The company profiles of many organizations operating in the anti-viral drugs market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the anti-viral drugs market. New companies and established businesses can plan their strategies based on this data provided in the anti-viral drugs market research report.

Industry News

NeuroBo Pharmaceuticals, a biotechnology firm, has announced that it has purchased ANA Therapeutics, a privately owned biotechnology company that produces a patented niclosamide capsule formulation for the indication of coronavirus, now in Phase 2/3 clinical trials as a cure for COVID-19. The deal was unanimously approved by both the Boards of Directors of NeuroBo Pharmaceuticals and ANA Therapeutics.

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

Monday, 12 April 2021

Cranial Fixation and Stabilization Market- Regional Demand and Analysis to Forecast by 2023

Market Overview

The Global Cranial Fixation and Stabilization Market is expected to reach USD 2.29 Billion by 2025, registering a CAGR of 8.90%.

This market growth can be attributed to the growing healthcare market and the ever-expanding technology market. Advances in these fields have created an environment that is conducive to the development of specialized surgical procedures for traditionally high-risk surgeries.

According to the UN, globally, one in six individuals suffers from a neurological disorder. There are several invasive surgeries that being developed to treat such conditions, requiring cranial fixation and stabilization equipment.

SEGMENTATION

By Category

Cranial stabilization equipment is used to secure the head during surgery, while cranial fixation implements are tools required to maintain the structural stability of the head and neck.

Cranial Fixation Systems: Cranial fixation covers a wide array of tools and implements such as meshes, flap tube clamps, plates, and screws to be used during surgery. They are used predominantly for affixing bones, securing skin, and enhancing cranial integrity post-surgeries such as craniotomies.

Cranial Stabilization Systems: Cranial surgeries are usually very delicate and complex, necessitating the use of equipment to immobilize the head. This is accomplished by the use of cranial stabilization equipment such as skull clamps and horseshoe headrests.

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By Product

Meshes: The leading market segment as 48% of all cranial injuries are maxillofacial. Over 52% of road accident-related injuries are mandibular fractures that require meshes.

Skull Clamps: Ideal for prolonged surgeries that require patient immobilization for long periods with limited soft tissue damage. Used to hold the head firmly in place during surgery.

Flap Tube Clamps: Used to attach cranial bones to the cranium during delicate surgeries when only a singular motion can be performed upon the afflicted area.

Horseshoe Headrests: Used in cases where head movement is not to be completely restrained and soft tissue damage needs to be minimized.

Plates: Used to seal gaping cranial wounds.

Screws: Facilitate the attachment of cranial bones.

Accessories: Include patient positioning systems and support systems.

By Type

Resorbable: Materials that are eventually broken down by the body. The growth of the segment is limited by the high costs of the equipment.

Non-Resorbable: These are biocompatible and offer unparalleled rigidity and stability to the cranium. Used extensively in developing countries due to their low costs.

By End User

Hospitals: The segment commands the largest share of the global cranial fixation and stabilization market as most cranial surgeries are performed in hospitals. Cranial surgeries require the latest equipment and amenities, along with a high level of expertise, which are offered by hospitals.

Ambulatory Surgical Centers: As emergency and temporary patient-stabilization surgeries are performed at these centers, the segment accounts for a small market share, which is somewhat offset by the higher revenue per surgery generated.

Others: This segment includes on-site trauma and emergency surgeries. This is a niche segment with growth potential due to the establishment of trauma centers at industrial complexes.

By Region

Americas: Largest regional market, with North America accounting for 55% of the global market share.

Asia-Pacific: Fastest growing regional market

Europe: Second-largest market

Middle East & Africa

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Key Players

Johnson & Johnson (US)

Stryker (US)

Ostomed (UK)

KLS Martin Group (Germany)

Medtronic (US)

Integra LifeSciences Corporation (US)

Braun Melsungen AG (Germany)

Changzhou Huida (China)

DePuy Synthes (US)

Evonos (Germany)

Jeil Medical (South Korea)

Medicon (Germany)

Micromar (Brazil)

NEOS Surgery (Spain)

Pro Med Instruments (Germany)

Zimmer Biomet (US)

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

Veterinary Imaging Market- Trends, Global Demand and Report

Market Insights:

The evolvement of pet insurance has made vet fees affordable which has propelled the demand for advanced diagnosis and veterinary imaging tests. Market Research Future (MRFR) has asserted in its latest report that the global veterinary imaging market will expand throughout the forecast period 2017 to 2023 at 6.9% CAGR. The global market was valued at USD 1.24 Bn in 2017 and is projected to reach a valuation of USD 1.85 Bn by the end of 2023.

Global Veterinary Imaging Market - Overview

The global veterinary imaging market has been evaluated as steadily growing market and it is expected that the market will continue to grow similarly in the near future. Veterinary deals with diagnosis and treatment of diseases in animals. Veterinary imaging devices are useful in diagnosis and treatment of diseases in animals. These devices also gives clear understanding of disease or injury that helps veterinarian for treatment of animal. Increasing awareness about animal healthcare and improvement of animal life are key factors for the growth of the market. Disease pattern in animals are continuously changing and becoming more challenging for veterinarians to diagnose these diseases. Veterinary imaging devices gives them in accurate diagnosis and further treatment. Increasing pet adoption is another major factor for the growth of the market. Increasing number of veterinarians, veterinary clinics and growing veterinary healthcare infrastructure are driving the growth for the market. Cattle are very important part of farming that have economic importance because they provides many products like milk, meat and leather. Farmers are becoming more aware about the health of their cattle which is good sign for the growth of the market. About 75% of veterinarians are working in private hospitals or pet clinics and these hospitals or clinics are spending money in advancement of technology to provide better facilities. Veterinary imaging devices manufacturers are spending money to develop innovative and usable product for the market. However there are some factors are inhibiting the growth of the market such as high cost of devices that small clinics cannot afford, lack of knowledge about new technology or products, availability of products, access to veterinary healthcare facilities, lack of skilled veterinary professionals etc.

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Global Veterinary Imaging Market - Regional Analysis

Depending on geographic region, veterinary imaging market is segmented into four key regions: Americas, Europe, Asia-Pacific, and Middle East & Africa. Considering the global scenario of the market, North America holds be the largest market for veterinary imaging due to increasing awareness about animal healthcare and increasing investment in healthcare domain. Moreover the European market is also growing and second largest market for Veterinary Imaging. On the other hand, Asia-Pacific market is expected to grow at the fastest pace in the Veterinary Imaging during the forecasted period. Whereas, The Middle East & Africa have the least market share. Additionally, factors such as lack of awareness, low healthcare expenditures will restrain the market during the corresponding period.

Top Companies:

Atlantis Worldwide (US), Canon Inc. (Japan), Diagnostic Imaging Systems, Inc. (US), Fujifilm Holdings Corporation (Japan), GE Healthcare (US), Hitachi, Ltd (Japan), Medical Imaging / IMCO, Inc. (US), Sectra (Sweden), Siemens AG (Germany), Toshiba Medical Systems Corporation (Japan) are some of the prominent players at the forefront of competition in the Global Veterinary Imaging Market and are profiled in MRFR Analysis.

Global Veterinary Imaging Market - Competitive Analysis

Characterized by the presence of several well-established and small players, the global market of veterinary imaging appears to be highly competitive and fragmented. Major market players who are increasingly expanding their footprint in the developing economy, making it difficult for regional vendors to compete with them, especially in terms of features such as product differentiation, product portfolios, quality, and pricing. The Market is witnessing intensified competition which is expected to get more intensified further during the forecast period. The intense competition prevalent in the market dictates the consolidation among marketers. Therefore, key players ensure that their portfolio includes products both for treating sick animals and for preventing disease occurrence.

December, 2015 - Fujifilm and Anicom Holdings, Inc. entered into partnership and established joint venture for developing and providing cutting-edge veterinary technologies and services with focus on regenerative medicine. According to company reports, it had developed advanced veterinary medicine by combining Fujifilm's advanced production engineering and quality control technology nurtured in its photographic film business as well as diagnostic imaging technology, blood's chemical composition analysis technology and regenerative medical technology, with Anicom's veterinary hospital network, electronic medical record system and extensive animal treatment data. Moreover, the company had conducted science-based clinical research such as regenerative medicine including cell therapies.

Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position.

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

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Thursday, 15 April 2021

Medical Imaging Market 2021: COVID-19 Impact Trends, Industry Forecast, Applications, Growth Drivers, Trends & Demands – Global Forecast to 2027

Compression Therapy Products Market 2021 Global Trends, COVID-19 Pandemic Impact, Share, Industry Size, Growth and Comprehensive Research Study till 2027

Biologics Market: Demand, Size, Share, Growth, Trends, Industry Analysis, Key Player profile and Regional Outlook by 2027 | Impact of COVID-19

3D Printing Medical Devices Market 2021 Regional Trends, Business Operation Data, Overview, Price Trend, Research Methodology, Potential Targets, Analysis & Forecast 2027

Anti-viral drugs Market is expected to register a Healthy CAGR of 6.9% during 2018-2027

Monday, 12 April 2021

Cranial Fixation and Stabilization Market- Regional Demand and Analysis to Forecast by 2023

Veterinary Imaging Market- Trends, Global Demand and Report

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