eHealth Market Trends, Size, Share and Regional Demand by 2027

 Overview:

The global e health market size is slated to surpass USD 270 billion by 2023, with a 12.9% CAGR during the forecast period (2018-2023). Market Research Future (MRFR) discussed various factors in the report that would trigger a rise in the ehealth services market share. 

Market Drivers:

Among prominent drivers, facilities of providing consultation from a distance, reducing the waiting time, curbing the chances of contracting contagious diseases, better digital facilities, and others are expected to set up the market for better momentum. Its ability to reduce cost, pressure from hospitals, and improve quality are expected to boost market growth. In emerging countries, governments are spending more on infrastructure to clear a path for better integration of this system, which will propel the expansion rate of the market. 

However, its initial cost of installation and lack of digital awareness among the people from the elderly generation and in rural areas can prohibit market growth. 

Segmentation:

The global ehealth services market has been studied by MRFR experts and their report reveals a segmentation based on type, end user, and service. This is going to help in understanding the ehealth digital service infrastructure.

By type, the global market for e-health services includes ePrescribing, Electronic Health Records (EHR), big data systems, Telemedicine, Consumer health IT, Clinical Decision Support System (CDSS), and Knowledge Management System (KMS). 

By service, the global market for ehealth services has been segmented into clinical services, administrative services, and financial services. 

By end user, the global market report deals with segments like health insurance companies, clinics, hospitals, and others.

Regional Analysis:

The Americas can retain its dominance by providing backup to the system with proper digital support and funding. In the US and Canada, this market will gain more. In Europe, this market will be backed by Italy, France, Germany, the UK, and other affluent countries. 

Competitive Landscape:

The potential of the eHealth market is huge and is rightly getting explored by top companies like Allscripts Healthcare Solutions Inc. (U.S), IBM Corporation (U.S), McKinsey & Co. (U.S), GE Healthcare (U.S), Epocrates Inc. (U.S), Telecare Corp. (U.S), Motion Computing Inc. (U.S), Apple (U.S), Boston Scientific Corp (U.S), GE Healthcare (U.S), Proteus Digital Health (U.S), Cerner (U.S), and others. These companies are creating grounds for further exploration both in terms of reach and product portfolio using methods like mergers, innovations, branding, partnerships, acquisitions, hiking the investment for research-related activities, and others.

Industry News:

The impact of the COVID-19 crisis has been substantial in the healthcare sector. The industry is witnessing some upheaval in structure as several options are getting tailwinds to normalize the process after the initial disruption. This pandemic crisis was all too sudden and in most of the countries, people were not prepared to handle it at all. Its presence among the people is threatening as the disease is contagious. That is why people around the world were advised to maintain social distancing, which is true in the healthcare sector as well. This has triggered a growth in ehealth or digital health. In fact, to back it up with adequate connectivity, companies are increasing their expenditures and forming collaborations. For instance, in June 2020, a report came out declaring the extension of the collaboration between SkyNet and SES Networks to support the Colombian Amazonas where businesses, government entities, local residents, and the San Rafael de Leticia Hospital are all benefiting from this joint venture and modification in net speed.  

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Nanomedical devices and therapeutics market 2027- Analysis and Forecast

 Nanomedical devices are the modern version of those devices that are useful for the diagnosis and treatment of diseases. Market Research Future (MRFR) has published and released a research report regarding the global nanomedical devices market that calculates growth for this market with 10.29% CAGR between 2017 and 2023.

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This report analyzes the market structure and offers insights about factors affecting the market growth. Evaluating market size and forecasting the revenue, this reports covers and observes the competitive developments of market players that include joint ventures, mergers and acquisitions, new product developments, research and developments (R & D), and strategic alliances.

 

The primary factors driving the growth for global nanomedical devices market include steep growth in the development of nanomedical devices, increasing healthcare expenditure, increasing the prevalence of cancer & other chronic diseases, and the introduction of nanotechnology-based cardiac & orthopedic implants in the markets. However, the high cost of the treatment and lack of regulatory standards in the examination of nanoparticle-based medicines can restrain the market growth.

 

The global  nanomedical devices and therapeutics market has been segmented on the basis of applications, end users, types, and lastly region. As per application-based segmentation, this market has been segmented into disease treatment & diagnosis, drug release regulation and other. Disease treatment & diagnosis has been sub-segmented into cancer, cardiovascular diseases neurological diseases, and other. With regards to end users, the market has been segmented into clinics, hospitals, and research institutions. By types, the market segmentation covers implantable biosensors, implantable cardioverter-defibrillators, implantable drug delivery system, and others.

 

The regional segmentation of the global nanomedical devices market segments the market into continent-based regional markets namely The Americas (North America & South America), Asia Pacific, Europe, and the Middle East & Africa (MEA). The biggest regional market is The Americas. North America alone holds the potential to be the largest market due to its strong economies are known as the United States of America (USA) and Canada. Individually, North America is a bigger market than South America due to the availability of advanced technology. Other factors aiding the market growth in this region include increasing governmental support for the research and development (R&D) as well as rising healthcare expenditure.

 

In Europe, the market growth is primarily driven by more awareness and advancement in the nanotechnology sector. Europe has a high density of population, and after North America, it has maximum technological advancement. Due to the reasons same as The Americas, Western Europe as a market is bigger than Eastern Europe. The most important country-specific markets in Europe are Germany, France, Spain, Italy, and the United Kingdom (UK), followed by the rest of Western Europe.

 

According to the report, the Asia Pacific is expected to emerge as the fastest growing regional market during the forecast period. The reasons for the market growth are increasing demand for better treatment options and increasing initiatives to include Information Technology (IT) in all sectors including healthcare. The primal country-specific markets in this region are Australia, China, India, South Korea, and Japan, followed by the rest of the Asia Pacific region.

 

The MEA region shows limited market slow and steady growth. The reasons for the slow market growth in this region are lack of awareness, lack of education, lack of technological development, political instability, poor healthcare facilities, and healthcare not considered a priority by most governments. The crucial country-specific markets in the MEA region are Kuwait, Oman, Saudi Arabia, United Arab Emirates (UAE), and Qatar, followed by the rest of the MEA region.

 

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Key Players

 

The key players global nanomedical devices market include 3M Company (USA), EnvisionTEC (USA), EOS GmbH (Germany), Medtronic (USA), PerkinElmer, Inc. (the USA), Smith & Nephew PLC (UK), St. Jude Medical, Inc. (the USA), Starkey Hearing Technologies (USA), and Stryker Corporation (USA).

 

Latest Industry News

 

Leading graphene biosensors manufacturer and biotherapeutics developer Nanomedical Diagnostics are developing Agile R100. This is a portable digital device useful for biosensing that can be employed for any click-able application. It evaluates the potential of the platform for identifying the biomarkers associated with aging, pathology, and tissue health. 16 OCT 2018

 

Houston Methodist scientists have developed a nanodevice to deliver immunotherapy without side effects to treat triple-negative breast cancer. 23 OCT 2018    

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Global Clinical Nutrition Market Trends, Size and Growth Analysis and Forecast

Market Overview

The Global Medical Nutrition Market 2020 is expected to reach USD 52.39 billion by 2023 and grow at a CAGR of 5.0% over the forecast period (from 2018 to 2023).

Market Highlights

The clinical nutrition market trends report asserts that the increased occurrence of diseases that need additional nutrients and increased population awareness of the benefits of medicated foods and beverages are the main factors impacting the growth of this market. The shortage of sufficient nutrients has resulted in shifting habits such as daily smoking, alcohol, longer working hours and dependence on fast food, which is also one of the factors contributing to the rise of the market for the medical nutrition industry. High price and important reimbursement policies adopted by the governments of different countries are however the factors that hinder business growth.

With the increasing geriatric population, it is anticipated that spending on medical nutrition therapy will increase in the future. Due to the frail digestive framework in old age, it becomes hard for the human body to assimilate all the essential nutrients from food. The lack of appetite among the geriatric community is considered a significant widespread concern, such that the elderly population does not get the essential amount of nutrients.

In most countries, healthcare spending continues to grow faster than economic growth, maintaining a trend observed over the decades. As healthcare spending increases among the world's major countries, the market is therefore expected to see high growth due to its broad applicability.

Segmental Analysis

Global clinical nutrition has been segmented into type, type of product, application, administration route, and channel of distribution.

Based on type, paediatric nutrition, elderly nutrition, parenteral nutrition, and sports nutrition were segmented into the medical nutrition market.

The medical nutrition market has been segregated into amino acid solutions, various vitamins, antioxidants, lipid emulsions, trace elements, and chamber bags based on the product type.

The medical nutrition market has been broken down into parenteral, oral, and others based on the route of administration.

Cancer, pulmonary diseases, gastrointestinal diseases, diabetes, obesity, paediatric malnutrition, renal failure, and neurological diseases were classified according to the application.

Hospitals, retail pharmacy, compounding pharmacy, and e-commerce websites were categorised based on the distribution channel.

Regional Overview

For the sake of the clinical nutrition report, the global medical nutrition market is split into the Americas, Europe, the Asia-Pacific, and the Middle East & Africa.

In the global market for medical nutrition, the American region holds the largest share. In North America, the US is anticipated to lead the market. The increase in the geriatric population is leading to many illnesses and disorders. Demand for the medical nutrition market is therefore expected to grow over the forecast period.

Europe accounted for the second-largest market share; however, 4.5 percent of the CAGR is expected to be the fastest-growing region in the Asia-Pacific during the forecast period. Asia-Pacific has the highest growth in the forecast period, compared to the other regions. Increases in the prevalence of metabolic disorders, an increase in the geriatric population in the Asia Pacific region, and high spending on healthcare are major factors attributable to the growth of the Asia Pacific clinical nutrition market. The incidence of diabetes in China is also growing steadily, which is a major factor in obesity. Over the past decade, the real number of patients diagnosed with metabolic disorders has increased, so the number of patients diagnosed has risen in the Asia Pacific region.

Competitive Dashboard

AYMES Nutrition International Ltd. (UK), Primus Pharmaceuticals (US), Abbott Nutrition (US), NeoMed (US), Baxter International (US), Nutricia Advanced Medical Nutrition (Netherland), Danone (France), Mead Johnson & Company, LLC. (US), Solace Nutrition (UK), B. Braun Melsungen AG (Germany), and Nestlé Health Science (Switzerland), are some of the major players operating in the global medical nutrition market.

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Latest Research on Hospital Gowns Market Size, Share and Forecast

 Market Highlights:

According to MRFR analysis, the Global Hospital Gowns are expected to register a CAGR of 6.6% during the forecast period of 2020 to 2027 and reach USD 5.02 Billion by 2027.

A hospital gown is usually a short collarless gown that ties in the back, worn by patients being examined or treated in a doctor’s office, clinic, or hospital.

The growth of the hospital gowns market can be attributed to the growing need for personal protective equipment, due to the outbreak of COVID 19 globally and a rise in hospital-acquired infections.

Moreover, the increasing usage of disposable lab coats and hospital gowns for patients and increasing safety measures & hygiene by the government for the safety of patients& healthcare professionals, are expected to fuel the market growth during the forecast period.

Surgical and disposable gowns are vital for protecting healthcare staff performing procedures on patients infected with the disease. Re-usage of hospital gowns and the availability of fake products are expected to restrain the growth of the global hospital gowns market. The Center for Disease and Prevention (CDC) issues recommendations for when and what personal protective equipment should be used to prevent exposure to infectious diseases.

Several market players such as Medline Industries, 3M, and Priontex among others are currently dominating the global hospital gowns market.

Regional Analysis:

The market has been divided by region into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The hospital gowns market in Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. North America influences the global market for the hospital gowns market. The European hospital gowns market has been categorized as Western Europe and Eastern Europe. The Western Europe market has further been divided as Germany, France, Italy, Spain, the UK, and the rest of Western Europe. The global market of hospital gowns in Asia- Pacific has been segmented into Japan, China, India, Australia, South Korea, and Rest of Asia- Pacific. The Middle East and Africa hospital gowns market have been bifurcated as the Middle East and Africa.

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Segmentation:

The global hospital gowns market has been segmented based on type, risk type, and usability.

Based on type, the global hospital gowns market has been segmented into surgical, non-surgical, and patient gowns. The patient gowns segment is anticipated to be the fastest-growing segment during the forecast period due to the rise in the number of COVID 19 patients, surgeries, and growing cases of hospital-acquired infections.

On the basis of risk type, the market has been segmented into minimal risk, low risk, moderate risk, and high risk. Minimal risk hospital gowns are expected to register the highest CAGR during the forecast period owing to large applications of minimal gowns, used in the basic care unit, standard medical unit, and standard isolation as well as for research and academic purposes.

Based on the usability the market has been segmented into disposable and reusable gowns. The disposable gowns segment is estimated to adjure the leading share in the hospital gowns market throughout the forecast period due to cost-effectiveness and safety assurance of disposable gowns.

Key Players

Some of the key players in the global hospital gowns market are Medline Industries Inc. (US), Standard Textile Co. Inc. (US), Angelica Corporation (US), AmeriPride Services Inc. (US), Cardinal Health (US), 3M (US), Atlas Infiniti (India), Bellcross Industries Pvt. Ltd. (India), Priontex (South Africa), Sara Healthcare (India)

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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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Veterinary Imaging Market 2021 Revenue Analysis, Growth opportunities, Company Profiles,Key Trends, Size, Share and Research Depth Study 2027

 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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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. 

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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.

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.

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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Allergy Immunotherapy Market 2021- Emerging Trend, Demand, Opportunities, Challenges, Growth Opportunities, Key Driven Factors

Allergy Immunotherapy Market

Allergy Immunotherapy Market Insights:

Market Research Future (MRFR)’s latest report reveals that the global allergy immunotherapy market is set to exhibit a steep rise in growth registering a CAGR of 10.85% during the forecast period 2017 to 2023. The market has been estimated to reach a valuation of USD 4,324.7 Mn by the end of 2023. The widespread prevalence of allergies has fueled demand in the allergy immunotherapy market. The trend is anticipated to perpetuate over the next couple of years. According to a report published by the World Health Organization (WHO), approximately 10-40% of the population was suffering from allergy in 2013.

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The increasing patient pool coupled with the availability of advanced allergy treatment procedures has augured well for the players of the allergy immunotherapy market. The market is expected to remain highly lucrative in the foreseeable future, and the increased investments in clinical trials and research & development activities are set to catapult the market on an upward trajectory. 

The developing healthcare sector in emerging markets in Latin America, Asia, etc. are anticipated to steer the growth of the allergy immunotherapy market. Other favorable factors encouraging the growth of the market include increasing awareness of the treatment, technological advancement, growth strategies of major players, etc.

Allergy Immunotherapy Market Segmentation:

By allergy type, the global allergy immunotherapy market has been segmented into allergic rhinitis, allergic asthma, peanut allergy, cat allergy, and other allergies. The allergic rhinitis segment currently accounts for a dominant share of the market. Meanwhile, the peanut allergy segment is estimated to register a CAGR of 11.3%.

By treatment, the allergy immunotherapy market is segmented into Subcutaneous Immunotherapy (SCIT), sublingual immunotherapy, and Specific Immunotherapy (SIT). The Subcutaneous Immunotherapy (SCIT) segment holds the largest share of the market and is projected to reach a valuation of USD 2,089.2 by 2023.

Allergy Immunotherapy Market Regional Analysis:

By region, the global allergy immunotherapy market has been segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa. Europe accounts for the maximum share of the market and is expected to retain a significant share of the market towards the end of the assessment period. Led by Western Europe, the factors favoring the growth of the regional market are increasing patient pool, rising healthcare expenditure, etc.

Americas market is estimated to reach a valuation of USD 1,409.6 Mn by 2023. The growth is attributable to the increasing awareness regarding treatment of allergies and high prevalence of allergic rhinitis & skin allergy. 

Asia Pacific is projected to register a CAGR of 11.32% during the forecast period. Meanwhile, the U.A.E. currently holds 53.5% share of the Middle East & Africa market and resonates strong opportunities for growth.

Allergy Immunotherapy Market Competitive Dashboard:

Some of the key players profiled in the report are ALK Abello A/S (Denmark), DBV Technologies (France), Stallergenes Greer (UK), HAL Allergy Group (Netherlands), Allergy Therapeutics (UK), Merck KGaA (Allergopharma) (Germany), and Circassia (UK) among others.

Industry Developments:

In August 2018, Arrayit Corporation, life sciences, and personalized medicine company announced its partnership with multiple providers of allergen immunotherapy products for allergy testing to treat patients with allergy and asthma.

In August 2018, Astria Sunnyside Hospital announced the availability of an allergy testing and treatment program. Allergy treatment options being offered at the hospital include sublingual immunotherapy and regular allergy shots.

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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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Elastography Imaging Market Insights, Trends, Opportunity & Forecast to 2027

 The global elastography imaging market is growing pervasively, witnessing the rising cancer cases worldwide. Elastography imaging technology has become increasingly popular in the diagnostic data during surgery. The technique is extensively used during the radiology, general imaging, cardiology, cancer, obstetrics, gynecology, urology, vascular, and orthopedic & musculoskeletal applications. 

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Market Research Future (MRFR), in its recent elastography imaging market insights, asserts that the global elastography imaging market valuation had reached USD 2,538.2 MN in 2018, which is estimated to appreciate further at 11.1% CAGR during the forecast period (2019 to 2025). The growing prevalence of life-threatening diseases and increasing demand for minimally invasive procedures to diagnose and treat different chronic diseases, alongside the elastography imaging market trends, act as major driving forces for the market growth. 

Besides, the increasing launches of innovative systems with easy to use technologies are helping the market to grow freely. Growing awareness about the benefits of elastography imaging technique in cancer detection, impact the growth of the market positively. Conversely, high costs of elastography imaging systems and the requirement of high initial investments are the major factors projected to impede market growth during the forecast period. Nevertheless, changes in regulatory policies and rising demand for effective therapies to treat complicated disorders would support the market growth throughout the analyzed period.

 

Global Elastography Imaging Market   - Segmentations

The report has been segmented into four main dynamics.

By Modality : Ultrasound, Magnetic Resonance Elastography, and others. 

By Application : Radiology/General Imaging, Cardiology, Obstetrics/Gynecology, Urology, Vascular, Orthopedic & Musculoskeletal Applications, and others. 

By End User : Hospitals & Ambulatory Surgical Centers, Diagnostic Centers, Research Laboratories, and others. 

By Regions : Americas, Europe, APAC, Middle East & Africa, and Rest-of-the-World.

 

Global Elastography Imaging Market - Geographical Analysis

North America dominates the global elastography imaging market. The largest market share attributes to the rising numbers of cancer patients and the high adoption of new technology in the region.  Besides, the presence of major market players and the increasing usages of elastography imaging techniques for the detection of cancer are spurring market growth. Also, the high healthcare expenses and technological advances in elastography imaging drive the regional market growth. 

Additional factors such as the increasing R&D expenses, the increase in the insurance coverage, and improving reimbursement scenario in the US & Canada fuel the growth of the regional market. The North American elastography imaging market is expected to retain its dominance over the global market throughout the assessment period.

Europe holds the second-largest share in the global elastography imaging market. The market is majorly driven by the considerable growth in the occurrences of cancer and the increasing support & funding from regulatory authorities to control the rising prevalence of cancer. Moreover, factors such as the presence of well-established healthcare systems and the rising per capita healthcare spending, drive the regional market growth. Also, augmenting demand for innovative diagnosis techniques has been increasing the elastography imaging market size.

The elastography imaging market in the Asia Pacific region is growing briskly. The market is predominantly led by raising awareness about the advantages of elastography imaging systems in the detection & treatment of cancer. Additionally, the increasing number of patients with chronic diseases and government initiatives for healthcare reforms push the market growth excellently. Furthermore, factors such as the increasing healthcare expenses, resurging economy in the region, and spreading awareness about elastography techniques, influence the growth of the regional market. 

 

Global Elastography Imaging Market   - Competitive Landscape

Highly competitive, the elastography imaging market appears fragmented, with many well-established players forming a competitive landscape. To gain a larger competitive share, market players adopt strategic approaches such as mergers & acquisitions, product & technology launch, expansion, and collaboration. Players make substantial investments to drive the R&D required for innovation and product launch. They also invest in increasing their global footprint and acquiring promising companies from emerging markets. 

 Major Players:

Players leading the global elastography imaging market include Canon Medical Systems Corporation, Esaote, Fujifilm Holdings Corporation, General Electric Company, Hitachi Ltd., Koninklijke Philips N.V., Mindray Medical International Ltd., Resoundant Inc., Samsung Electronics (Samsung Medison), Siemens AG, and Supersonic Imagine, among others. 

Industry/Innovation/Related News:

April 30, 2020 ---- American Association for Cancer Research published a study a recent Cancer Research in which the diagnostic accuracy of quantitative micro-elastography for margin assessment in breast-conserving surgery has been evaluated. The study reveals that imaging plus elastography enhances surgical margin assessment in breast cancer. Findings from the study - Quantitative microelastography demonstrated increased sensitivity, specificity, and accuracy in detecting positive surgical margins in combination with optical coherence tomography versus optical coherence tomography alone in women who received breast-conserving surgery.

The ideal scenario to perform the imaging in the surgical cavity is immediately after the specimen has been removed. This would give surgeons a direct indication of whether any tumor had been missed. The next goal of the research team is to develop a handheld quantitative microelastography probe to enable intraoperative imaging.

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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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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.