Monday 9 December 2019

Contact Lenses Market is expected to register a CAGR of 5.70% (2019-2025)

"Increasing Prevalence of Visual Impairment and Eye Disorders, Changing Lifestyle and Technological Advancements are Expected to Boost the Growth of the Global Contact Lenses Market at a CAGR of 5.70% During the Forecast Period of 2019 to 2025 :"

Market Highlights
The Global Contact Lenses Market is expected to register a CAGR of 5.70during the forecast period with a market value of USD 12,330.46 Million till 2025.
Contact lenses are plastic-like ocular prosthetic devices positioned on the eyeball for the improvement of vision. It allows a natural field of view, have no frames to obstruct one’s vision, and reduce distortions. Contact lenses are medical devices that the US Food and Drug Administration (FDA) controls and regulates. In addition, it is only possible to purchase cosmetic and prescription contact lenses with a prescription.
The growing  adoption of contact lenses for correction of multiple vision defects including refractive errors such as myopia presbyopia hyperopia, , and astigmatism is likely to drive the growth of the global contact lenses market during the forecast period
Key Findings of the Study
  • The global contact lenses market is estimated to grow at USD 12,330.46 Million by 2025 at a CAGR of 5.70% during the assessment period.
  • Americas accounted for the largest share of the global market due to the presence of key market players and increasing prevalence of eye-related diseases in the US and Canada.
  • Based on wear type, the daily disposable lenses segment accounted for the largest market share of 5% in 2018.
  • Based on type, the corrective lens segment accounted for the largest market share of 2% in 2018.
  • On the basis of material, the silicone hydrogel soft contact lens segment accounted for the largest market share of 1% in 2018.
  • Based on design, the spherical lens segment held market share of 1% in 2018.
  • Some of the players operating in the contact lenses market are Novartis AG, CooperVision, Inc. (The Cooper Companies Inc.), Menicon Co., Ltd, Bausch Health.


Thursday 5 December 2019

Contract Research Organization Market is expected to grow at a CAGR of 11.48% during the forecast period


Market Summary
Market Research Future (MRFR) reveals that the global Contract Research Organization Market could grow at a rate of 11.48% during the forecast period (2014-2023).
Market Boosters and Key Restraints
The demand for contract research organization (CROs) services has taken a leap since the time healthcare institutions unlocked the host of benefits it offers in business operations. With the mounting product demand, investors have sensed the growth potential in the CRO market. The hike in the number of investors giving efforts in this field contributes significantly to the development of the worldwide CRO market.
Other than the non-profit organizations, the market is increasingly observing newer CRO launches from renowned vendors across the globe. To illustrate, in April 2019, FHI 360 had launched a new CRO service called FHI Clinical. This service helps the companies that are part of the hard-to-reach industry by focusing on resource-limited settings. MRFR predicts that these kinds of CRO launches could help the global contract research organizations market to have an emphatic growth in the ensuing years.
Rising mergers and acquisitions that strive to develop existing CROs and establish new CROs also works in favor of the market. The market is also anticipated to benefit from the latest spike in the number of company agreements and collaborations. For instance, in 2018, Cereno Scientific had collaborated with CRO ‘OCT’, with the aim of conducting phase 2 clinical trials to study Cereno’s newest drug called ‘CS1’. It is reported that Cereno’s latest partnership could disrupt the dynamics of the overall market.
Market Segmentation
The global market for contract research organization has been segmented on the basis of segment, clinical trial phase, and end-users.
Segment-wise, the market is segmented drug discovery, clinical development, post-marketing services, and others.
Depending on the clinical trial, the market can be considered for preclinical trials, phase I, phase II, phase III, phase IV, and others.
The various end-users are narrowed down into pharmaceutical/ biotechnology companies, medical devices companies, academic institutes, and others.
List Of Table 
TABLE 1 GLOBAL CONTRACT RESEARCH ORGANIZATION MARKET, BY SEGMENT, 2014-2023 (USD MILLION)
TABLE 2 GLOBAL CONTRACT RESEARCH ORGANIZATION (CRO) MARKET FOR DRUG DISCOVERY, BY REGION, 2014-2023 (USD MILLION)
TABLE 3 GLOBAL CONTRACT RESEARCH ORGANIZATION (CRO) MARKET FOR CLINICAL DEVELOPMENT, BY REGION, 2014-2023 (USD MILLION)
TABLE 4 GLOBAL CONTRACT RESEARCH ORGANIZATION (CRO) MARKET FOR POST MARKETING SERVICES, BY REGION, 2014-2023 (USD MILLION)
TABLE 5 GLOBAL CONTRACT RESEARCH ORGANIZATION (CRO) MARKET, BY CLINICAL TRIAL PHASE, 2014-2023 (USD MILLION)
TABLE 6 GLOBAL CONTRACT RESEARCH ORGANIZATION (CRO) MARKET FOR PRECLINICAL TRIAL, BY REGION, 2014-2023 (USD MILLION)
TABLE 7 GLOBAL CONTRACT RESEARCH ORGANIZATION (CRO) MARKET FOR PHASE I CLINICAL TRIAL, BY REGION, 2014-2023 (USD MILLION)
TABLE 8 GLOBAL CONTRACT RESEARCH ORGANIZATION (CRO) MARKET FOR PHASE II CLINICAL TRIAL, BY REGION, 2014-2023 (USD MILLION)
TABLE 9 GLOBAL CONTRACT RESEARCH ORGANIZATION (CRO) MARKET FOR PHASE III CLINICAL TRIAL, BY REGION, 2014-2023 (USD MILLION)
TABLE 10 GLOBAL CONTRACT RESEARCH ORGANIZATION MARKET FOR PHASE IV CLINICAL TRIAL, BY REGION, 2014-2023 (USD MILLION)
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

Aromatherapy Market - highly promising expected to witness a notable CAGR of ~ 6.18 %

Market Scenario
Market Research Future (MRFR) postulates that the aromatherapy market is Projected to USD 4.3 billion, grabbing a healthy CAGR of 6.18 % during the forecast (2017-2023). The non-invasive nature of aromatherapy is encouraging the market growth. Aromatherapy is practiced across the globe to treat several conditions like burns, eczema, acne, skin rashes, etc. and is also being gradually approved for pain management. Aromatherapy is common among the geriatric population as they help to heal chronic pain. The procedure is progressively being used at homes for instant relief from cold and flu, relaxation and sleep, mood enhancement, and pain relief. They are cost-effective, offer privacy and convenience. Aromatherapy finds application in the skin and hair care, relaxation, cold and cough, pain management, scar management, insomnia, and others.

Market Potential and Pitfalls
The aromatherapy market is experiencing an up thrust across the globe with a large number of the global population opting for aromatherapy, non-invasive nature of aromatherapy, and increasing lifestyle industry. The modern lifestyle is encircled with problems such as stress and sleep disturbances which have further inflated the market growth. Aromatherapy used aromatic and other essential oils which helps to combat cold, increase immunity and improve breathing disorders. Such benefits have encouraged the aromatherapy market worldwide. The surging practice of aromatherapy at home, growing customer fondness towards the use of natural products, and the high prevalence of lifestyle diseases are likely to propel the market growth in the coming years.
Essential oils used in aromatherapy possess several natural healing factors. Therapeutic grade essential oils have a positive impact on the overall wellness of the patient. They are considered a natural cleanser and also an antibacterial remedy when ingested. 


Moreover, people across the globe are becoming aware of the benefits provided by such natural therapies, which is further encouraging the market growth. Consumers are buying cosmetic products integrated with aromatherapy ingredients and essential oils. Aromatherapy products including and creams, bath salts, and massage oils are popular among the consumers. Manufacturers are thus offering a varied range of aromatherapy consumables which consist of natural ingredients, pleasant smell, and relaxing properties. Oils such as lavender, lemongrass, and peppermint are gaining huge prominence among the manufactures. Such factors are influencing the growth of the aromatherapy market across the globe.
On the contrary, the toxic nature of the essential oils and a dearth of proper guidelines are considered some of the top barriers vitiating the market growth across the globe. For instance, Cineole is an essential oil which can be poisonous above the recommended dose. An overdose can cause nausea, epigastric burning, dizziness, vomiting, rapid heartbeat, muscular weakness, feeling of suffocation, etc.
Competitive Dashboard
The prominent players operating the global aromatherapy market comprises NOW Foods, Muji, Tree of Life, Young Living, Neal’s Yard Remedies, dōTERRA, Zija International, Nu Skin, Air Aroma, and others.

Global Aromatherapy Market: Segmental Analysis
For enhanced understanding, the market has been segmented into four key dynamics: -
By Product          : Carrier oils & Blended oils, Essential oils (Citrus, Floral, Green/Vegetative, Spicy, and Herbaceous/Camphoraceous, Spices and others), Equipment (Ultrasonic Diffuser, Nebulizer Diffuser, and Heat Diffuser, others), and others.
By Application                                  : Tropical, Inhalation, Aerial Diffusion, and others. 
By Therapeutic Application          : Pain Management, Relaxation & Sleep, Skin & Hair Care, and other remedies. 
By Regions                                         : North America, Asia Pacific, Europe, and the Rest-of-the-World.
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

Medical Implants Market CAGR of 7.50% during the forecast period, 2018–2023

Medical Implants Market Insights
Medical implants, with their ability to replace or support a damaged organ or body part, have a wide range of applications in a rapidly growing market that was estimated to value USD 112.83 billion in 2016. Market Research Future's (MRFR) report on the global medical implants market predicts a significant increase in value and CAGR during the forecast period 2017 to 2023. 
Rising incidences of chronic diseases, the increased success rate of surgical procedures, a globally growing geriatric population and the growing adoption of advanced medical devices are some key drivers of market growth. Ongoing development of medical technology and the broad scope for innovative medical implant solutions are expected to be significant growth facilitators. 
Market leaders have adopted the strategy to merge, acquire or collaborate with startups to advance better implant options. This is due to the dedicated efforts that startups put into developing unique, patented products and procedures, thus furthering market growth.
High costs associated with medical implants and inefficient regulatory framework is likely to pose challenges for the global Medical Implant Market. However, with growing development of technology and the strong demand for affordable medical implants is expected to create new avenues for growth.
Market Segmentation
The global medical implants market has been segmented by type, type of material, end-user, and region. 
By type, the market has been segmented into orthopedic implant, cardiac implant, spinal implant, dental implant, ophthalmic implant, cosmetic implants and others. Presently, the orthopedic implant segment possesses nearly one-third of the total market share. However,  the cardiac implant segment is expected to grow at an impressive CAGR of 7.63 during the forecast period of 2017 to 2023. 
By type of material, the market has been segmented into metallic material, ceramic material, polymers material and others. 
By end user, the market has been segmented into hospitals & clinics, research laboratories, and others. 
By region, the global market has been segmented into the Americas, Europe, the Asia-Pacific, and the Middle East & Africa. 
Regional Analysis
The Americas presently hold the most significant global market share and are estimated to value approximately USD 77.7 billion by 2023. The increasing demand driven by the large patient population, high surgical success rates and the presence of a well-developed healthcare sector in developed countries of the region are significant drivers of market growth. The existence of key market players and ongoing research and development into the advancement of medical implants are expected to assist market growth. 
The second largest global market share belongs to Europe due to supportive government regulations, the presence of a huge geriatric population and considerable investments in healthcare in the region. Investments in research are expected to unveil new opportunities in the coming years. 
The Asia-Pacific is the fastest growing region with a remarkable CAGR of 7.55% during the forecast period of 2017 to 2023. Emerging economies that belong to this region such as, India and China are increasing healthcare expenditure. Growing awareness and changing lifestyles have led to a surge in demand for effective medical implants. 
Meanwhile, the Middle East & Africa is expected to experience limited growth due to the unavailability of appropriate medical facilities and the slow development of the healthcare sector in Africa. Middle Eastern countries such as Qatar which have emerging economies are expected to witness growth, albeit limited.
Key Players
Some prominent market players that have been profiled in MRFR's competitive analysis include Medtronic, Smith & Nephew, Dentsply Sirona, Boston Scientific Corporation, Johnson & Johnson Services Inc., 3M Company, Stryker Corporation, Zimmer Biomet Holdings Inc., and Institut Straumann AG. 
Latest Industry News
Leading life sciences investment firm from Australia, BioScience Managers, has recently invested in the Canary Health Implantable Reporting Processor (CHIRP), CHIRP uses a highly innovative sensor and communication technology in medical devices to enable patient monitoring remotely. Belonging to a new class of implants, "Smart" medical implants automatically report everything from patient activity and treatment to recovery and treatment failure. 
Additive Orthopaedics has received FDA approval for its 3D-printer bone segments. Patient-specific 3D-printed bone segments are a revolutionary advancement in orthopedic implants that allow implant revision.
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

Wednesday 4 December 2019

Hearing Aids Market Growth Insights By Size, Share, Trends, Demand and Forecast to 2025

Hearing Aids Market Insights
A hearing aid refers to an electronic device that amplifies sound so that a person with hearing loss can listen and communicate in day-to-day activities. The three basic elements of a hearing aid are a speaker, a microphone, and an amplifier.
The global hearing aids market is set to attain a CAGR of 7% and hold a valuation of USD 10.2 Billion.
The global hearing aids market is driven by various factors such as increasing incidence of hearing loss, raising awareness about hearing loss treatment, increasing geriatric population, and the launch of new products. However, the truncated penetration of hearing aids and the rise in product recalls are likely to limit the progress of the global hearing aids market.
The global hearing aids market is presently influenced by several market players. The key players are involved in strategic collaborations and product launches to sustain their market positions.
Hearing Aids Market Segmentation
The global hearing aids market is broadly divided based on the product, product type, technology, hearing loss, and distribution channel.
The global market, based on the product, has been segregated into implants devices, and accessories. The implant segment is the fastest-growing segment.
The global hearing aids market has been bifurcated, on the basis of product type, into wireless and wired. Wireless is the fastest-growing segment due to technological advancements and product launches.
The type segments of the hearing aids market are classified into conductive, sensorineural, and others. The growth of the segment is owing to the high prevalence of hearing loss.
On the basis of technology, the global market is diversified into analog hearing aids and digital hearing aids. The digital hearing aids segment is anticipated to be both, the fastest-growing segment and the largest shareholder owing to its advantages over analog counterparts.
Based on the distribution channel segment, the global market is classified into e-commerce and retail stores and others. The e-commerce segment is anticipated to be the fastest-growing segment due to ease of access to products for customers.
Key Players

Major market players that are actively driving the hearing aids market with their product and services include Audina Hearing Instruments, Inc., GN Store Nord A/S, SeboTek Hearing Systems, LLC, Arphi Electronics Private Limited, Cochlear Ltd, Microson, Starkey, Sonova, Sivantos Pte. Ltd., Demant A/S, WIDEX INDIA PRIVATE LIMITED, Zounds Hearing. Manufacturers are aggressively working on the development of high-tech, customized, and aesthetically appealing hearing aids to make the devices user-friendly. New entrants launching their product portfolios and emerging trend of acquisition and mergers is estimated to create competition in the market, thus laying lucrative opportunities.

Monday 2 December 2019

Medical Document Management Systems Market Research Report - Global Size, Share, Growth and Trends

press release/- Market Research Future Published a Upcoming Research Report on Medical Document Management Systems Market Research Report
As per Market research Future (MRFR)’s latest analysis, the global medical document management systems market is projected to expand at a healthy pace in the foreseeable future. The increasing number of healthcare reforms coupled with rising government funding in healthcare technologies are likely to augment the global market over the next couple of years.
The increasing patient pool, rising health care expenditures and expanding healthcare sector has intensified the need for the adoption of medical document management systems for achieving clinical efficiency. These systems offer a reduction in costs and ensure patient safety, which has accelerated the revenue creation for the market players. Furthermore, the growing demand for modernization, digitalization, and automation in the healthcare sector is another major factor responsible for the expansion of the market.
The growth trajectory of the market is guided by the technological innovations added to the product portfolios by the key vendors. Investments are likely to flow towards the development of technology in the upcoming years. This, in turn, is expected to catalyze the proliferation of the medical document management systems market. The swift adoption of Electronic Health Records (EHRs) in the healthcare sector and the development of cloud technology is currently favoring the market growth. It is likely to continue benefitting the market over the next few years. However, a lack of IT professionals and rising data privacy concerns are projected to hold the market expansion in the foreseeable future.
Global Market for Medical Document Management Systems – Segmental Analysis:
MRFR’s report offers a detailed segmental analysis of the global market based on product type, application, delivery model, and end-user. By product type, the medical document management systems market has been segmented into services and solutions. By application, the market is segmented into medical records, billing records, admission & registration, and others. By delivery model, the market has been segmented into web-based, cloud-based, and on-premises. By end-user, the market has been segmented into hospitals & clinics, healthcare providers, nursing homes, and insurance agencies.
Regional Outlook:
The global medical document management systems market, by region, has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is a significant market and is likely to exhibit substantial growth over the next couple of years. The technological advancements coupled with developments in the healthcare sector has fueled demand for medical document management systems in the regional market. The trend is prognosticated to perpetuate in the foreseeable future. Furthermore, the favorable regulatory enforcements coupled with healthcare reforms are likely to catapult the market on an upward trajectory. The major country-level markets of the region are the U.S. and Canada.
Europe is an important growth pocket and is expected to remain highly lucrative in the forthcoming years. The factors that have paved the way for rapid adoption of the technology include increased government funding in healthcare technologies, developed healthcare IT infrastructure, and the need for better quality of healthcare services. Meanwhile, Asia Pacific is poised to show a steep rise in the growth of the market. The exponential patient pool, adoption of EHRs, increased research & development activities, booming medical tourism industry, etc. are some of the factors that are responsible for favoring the expansion of the regional market. India, China, and Japan are anticipated to contribute substantially towards the proliferation of the medical document management systems market in the upcoming years.
Global Market for Medical Document Management Systems – Competitive Dashboard:
Some of the key players operating in the global medical document management systems market are EPIC Systems Corporation, 3M Company, Siemens Medical Solutions USA Inc., GE Healthcare, Kofax Ltd., Nextgen Healthcare Information Systems, LLC, Cerner Corporation, Athena Health Inc, Toshiba Corporation, EPIC Systems Corporation, Hyland Software Inc., Allscripts Healthcare Solutions Inc., and McKesson Corporation.
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 products, services, technologies, applications, end users, 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
+1 646 845 9312

Renal Cancer Drug Market on the Global as well as Regional Level !!

Market Highlights
The Renal Cancer Drug Market is expected to witness tremendous growth owing to the rising prevalence of high blood pressure. Other key factors such as the change to sedentary lifestyle, increase in smoking,
 growing consumption of alcohol are contributing to the growth of the market.  However, factors such as the high cost of surgical procedures, expensive chemotherapy treatments and the side effects and reaction associated with treatments are expected to restrict the market growth during the forecast period.

Segmentation
The global renal cancer market is segmented on the basis of therapeutic class, pharmacologic class, type, and end-user. The renal cancer drug market, by therapeutic class, is categorized into targeted therapy and immunotherapy. On the basis of pharmacologic class, the market is segmented into angiogenesis inhibitors, mTOR inhibitors, monoclonal antibodies and cytokine immunotherapy (IL-2). On the basis of type, the market is segmented into clear cell, papillary, chromophobe, oncocytic, collecting duct and other. On the basis of end- user the market is segmented hospitals and clinics, ambulatory surgical centers, diagnostic centers, research centers and other.

Regional Analysis
The Americas is the largest in the market owing to the increasing prevalence of stroke and high blood pressure and growing healthcare expenditure. The American Cancer Society estimated about14,970 people in 2018, will die due to kidney cancer in the US. Thus, the growing cases of kidney cancer facilitate the market growth in this region.
Europe (UK, Belgium, France, and Netherlands) is the second largest renal cancer drug market during the forecast period. The increasing occurrence of renal cancer drives the market in this region. According to Cancer Research UK in 2015, there were 12547 new cases of kidney cancer in the UK. Thus, the growing cases of kidney cancer facilitate the market growth.
Asia-Pacific was projected to be the fastest growing region for the global renal cancer drug market in 2017. The market is expected to witness growth owing to the rising prevalence of smoking and alcohol consumption in this region. According to the World Health Organization in 2015, 47.6% of people smoked tobacco in countries like China and Japan, respectively. This is expected to provide favorable backgrounds for the market to grow.
The Middle East and Africa accounts for the least share due to low per capita income and lack of availability of well-trained healthcare professionals. However, the rising oncology and new cancer treating technology both at the hospital level and in the community are expected to influence the market in a positive way.
Key Players
Some of the key players in the global renal cancer drug market are Novartis AG (Switzerland), Pfizer Inc. (US), GlaxoSmithKline plc (UK), Genentech, Inc. (US), F. Hoffmann-La Roche AG (Switzerland), Cipla Limited (India), Active Biotech AB (Sweden), Amgen (US), Bayer AG (Germany), Bristol-Myers Squibb company (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 products, services, technologies, applications, end users, 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
+1 646 845 9312