Biosimilars Market 2021 | Trends, Share, Size, Growth Insight, Leading Players, Competitive Analysis, Emerging Technologies, Regional Demand and Forecast

 Biosimilars Market – Overview

As biosimilars show a similar effect as compared to generic medicines, they are growing their popularity at an increased pace. Market concentrated reports associated with the healthcare industry amid others recently have been made available by Market Research Future which issues reports on this industry.Biosimilars Market Size is expected to register a CAGR of 7.5% during the forecast period of 2019 to 2025, with a market value of USD 13,460 Million in 2018.

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As the processes used to make generic medicines can’t be used to develop biosimilar medicines, the market for biosimilars is expanding positively. Increase in the analytical studies has prompted the increased growth of the biosimilars market in the forecast period. Sizeable investments in multiple state-of-the-art facilities that are developing biosimilars has prompted significant growth in the market. The market is motivated majorly due to the different diseases that are being diagnosed in recent times. Increased level of clinical trials have influenced the development of the market considerably. The focus of this segment is currently on ensuring the release of biosimilar drugs into the market to treat a wider spectrum of diseases.

Biosimilars Market- Global Competitive Analysis

The competitors in the market are trying to get ahead commercially by making sure that demand and supply are in balance. The momentum of the market’s progress has changed the competitive backdrop of the market. The competitors in the market are persistently trying to establish leading market positions through new policies and strategies. The experienced management in the companies operating in the market are creating business models which can bring about a fruitful phase of development. The key trends and players have established a positive tone for development. The contenders in the market are also leveraging their competitive advantages to secure their growth in the market. The market development by competitors also encompasses strong risk management strategies.

Sandoz International GmbH (Germany), Celltrion, Inc. (South Korea), F. Hoffmann-La Roche Ltd. (Switzerland), Biocon Ltd. (India), Astra Zeneca (UK),  Amgen Inc. (U.S.), Pfizer Inc. (U.S.), Novartis (Switzerland), Accord Healthcare (UK), Eli Lilly (US), Teva Pharmaceuticals Industries Ltd. (Israel), Dr. Reddy’s Laboratories Ltd. (India) and Samsung Bioepis (South Korea).

 Industry Segments 

The market for biosimilars globally is segmented on the basis of product into recombinant non-glycosylated proteins, recombinant glycosylated proteins, and other.  The Recombinant glycosylated proteins are additionally sub segmented into monoclonal antibody (mAb) and EPO. Recombinant non-glycosylated proteins is sub segmented into growth hormones, insulin and other.  On the basis of application, the market is segmented into immune diseases, blood related disorders, oncology and other. On the basis of manufacturing, the market is segmented into in-house manufacturing and contract manufacturing.

Biosimilars Market- Detailed Regional Analysis

The regional analysis of the market for biosimilars includes APAC, North America, Europe, Middle East and Africa. The European region has been guiding the market for the biosimilars. Rising geriatric population and growing prevalence of diseases have led to the growth of this market in the European region. North America has the second top market followed by the Asia Pacific region. The Asia Pacific biosimilars market is anticipated to grow at a CAGR of 27.8 percent in the forecast period.

Industry Updates:

June 2018 Mylan NV has recently achieved a major milestone recently by winning an approval from the U.S. Food and Drug Administration aimed at a biosimilar version of Neulasta which is an anti-infective used for patients suffering from breast cancer treatment. The pharmaceutical giant plans to launch the product, Fulphila, in the coming weeks. The McClintic Coates said that a big part of the FDA’s approval of Mylan’s biosimilar cancer therapy, Fulphila, is attributed to the drugmaker’s Morgantown-based research and development capabilities. Fulphila would signify the first alternative and more reasonable treatment option to Neulasta for oncology patients.

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Microspheres market Trends, Global Demand, Analysis to Forecast till 2027

 Market Overview

As the name suggests, microsphere is a small particle used for various operations like carrying drugs and preparing low-thickness boring liquids. They are also used for testing the medical equipment, which has added to the tally of this market. As technology advances, the demands for next-generation techniques are also increasing, which has made it a valuable part of the drug delivery system. The rising demands for better drugs and healthcare procedures are propelling the market to new highs. The rapid expansion of automotive and construction industries are also contributing to this market, as microspheres are capable of enhancing the paints and coats qualities, which is one of the primary factors for the seamless growth in this market.

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The global authorities are serious towards developing medical facilities with modern treatment procedures and maximum efficiency, which has increased the investments in this sector and has gradually been a positive factor for this market. Apart from the features and uses mentioned above, the global microspheres market faces challenges against the overall high costs due to unstable and expensive microspheres production costs, slowing the market’s growth.

This report comprises details about competitive landscapes, changes, drivers & restraints, and other prime aspects of local and global market analysis for a better understanding of market trends. The global Apheresis market is anticipated to show around an 11 % annual growth rate during the survey.

Market Breakdown

The global microspheres market is segmented into several categories mentioned below:

Based on types, the microspheres are segmented into solid and hollow forms.

The global microspheres market is characterized by metallic, ceramic, glass polymer, and other materials types used for manufacturing.

The global microspheres market is divided among healthcare, automotive, constructions & building, oil & gas, and other major industries based on end-users.

Regional Classification

Microspheres are getting a healthy response from around the world, and with the growing awareness and increasing applications, this is getting stronger with time. North America, The Asia Pacific, Europe, and the rest of the world are the major regions observed for the global Microspheres market. In the current era, the North American region is leading the market due to the expansion of the automotive industry, demands for the latest technologies, the presence of key market players, increasing research & development activities, rapidly developing industrial structures, and other factors. On the other hand, the Asia Pacific region will register the fastest annual growth during this period due to rising disposable incomes, expanding industrial structures, improving health care facilities, rising government initiatives, and other factors.

Industry News

Microsphere has some very important features, which make it useful for many industries, and the companies are investing in research & development programs to find new aspects of this technology. The advancement in the pharmaceutical industry and rising healthcare standards are among the top contributors to this market. The rapidly developing regions like India and China are the major stakeholders in growth and will provide the market players with maximum opportunities during the survey period.

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Hormonal Implants Market 2021, Opportunities, Business Analysis, Top Companies, Size, Share and New Trends Forecast

 Market Highlights

The Global Hormonal Implants Market is estimated to have a positive growth at the CAGR of ~5.0% during the forecast period of 2019–2025.

A study observed that no pregnancy was observed in a group of certain women using hormonal implants for five years. Safety from unwanted pregnancies and suitable government programmers are the major factors driving the market growth.

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However, cases of side-effects related to hormonal contraceptives, pricing variations, and limited availability of the product are restraining the growth of the market during the assessment period is hindering the growth of the global hormonal implants market in the forecast period.

Global, as well as local players, are present in the hormonal implants market. A majority of the market is currently held by global players like Allergan. In May 2016, ALLERGAN took an initiative to help the US military servicewomen to access LILETTA under the Federal Supply Schedule (FSS) price of USD 55.83 to educate these servicewomen about the importance of contraception.

Key Players

Some of the key players in the global hormonal implants market are Shanghai Dahua Pharmaceuticals Co., Merck & Co., Inc., Bayer HealthCare, Ltd and Allergan.

Regional Analysis

The global hormonal implants market, by region, is segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The hormonal implants market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada. The European hormonal implants market has been sub-divided into Western Europe and Eastern Europe. Western Europe has further been segmented as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The hormonal implants market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The hormonal implants market in the Middle East & Africa has been divided into the Middle East and Africa. 

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Segmental Analysis

The global hormonal implants market has been segmented based hormone, type, distribution sector, end user, and region.

The market, based on hormone, has been bifurcated into levonorgestrel and etonogestrel. The levonorgestrel segment is anticipated to hold the largest share in the market, market due to the wider preferability and longer durability compared to other contraceptives for the use of hormonal implants.

The market, based on the distribution sector, has been segmented into the public sector and private sector. The public sector market is expected to hold the largest share in the market, due to increasing adoption rates in public healthcare facilities under various government regulations.

The market, by end-user, has been divided into hospitals & clinics, academic & research institutes. The hospitals & clinics segment is expected to lead the market, due to the major commercialization is done through them.

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Lung Diseases in Children to Trigger Heavy Demand in Global Airway Management Market

 Airway Management Market Research Report: By Product Type (Supraglottic, Infra-glottic, Laryngoscopes, Accessories, Anesthesia Mask), By Application (General Anesthesia, Respiratory Care, Surgery) and By End-User (Hospitals, Surgical centers) – Global Forecast to 2027

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

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Airway Management Market Scope

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

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

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

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

Airway Management Market Segmentation

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

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

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

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

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

Airway Management Market Regional Analysis

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

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

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

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

Airway Management Market  Competitive Outlook

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

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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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Hospital Gowns Market Size, Share, Key Findings, Business Revenue, Sales Forecast, Current Trends, Segmentation, Strategies and Impact of COVID-19

Hospital Gowns Market Driven by Growing Threat of Coronavirus

The global hospital gowns market is expected to exhibit a solid 6.6% CAGR over the forecast period from 2020 to 2027, according to the latest research report from Market Research Future (MRFR). The global hospital gowns market is profiled in great detail in the report, which provides readers with a close analysis of the major drivers and restraints affecting the market’s growth, as well as the leading players operating in the market and the various strategies used by the same to achieve a strong share in the market. Thus, a comprehensive overview of the hospital gowns market is provided in the report. 

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The hospital gowns market has been a major beneficiary of the rising threat of the coronavirus pandemic. Hospital gowns have become a key part of the doctor’s arsenal to protect themselves and others from the increasingly dangerous disease, leading to growing demand from the global hospital gowns market. As the coronavirus pandemic has grown, governments all over the world have made significant investments in the healthcare sector to provide their doctors and patients with secure gowns. Significant commercial commitments have been made to this end, as equipping doctors with hospital gowns has emerged as one of the most important steps in stopping the spread of coronavirus. The growing threat of coronavirus is likely to remain a major driver for the hospital gowns market over the coming months. 

The growth of the healthcare sector in emerging regions such as Asia Pacific, Latin America, and the Middle East is likely to remain a major driver for the global hospital gowns market in the medium to long term. Major investments have been made by governments in these regions in order to equip the healthcare sector with solid, stable equipment and bring the healthcare sector on a par with more developed western economies. The rising threat of hospital-acquired infections is also a major driver for the global hospital gowns market, as hospital gowns are an essential equipment in nullifying the threat of hospital-acquired infections. Increasing awareness about patient safety and hygiene is also likely to be a major driver for the hospital gowns market over the forecast period. 

On the other hand, the increasing preference to reusing hospital gowns is likely to be a major threat to the global hospital gowns market, as many healthcare institutions have realized the economic benefits of reusing hospital gowns instead of securing disposable gowns. 

Segmentation:

The global hospital gowns market is segmented on the basis of type, risk type, usability, and region. 

By type, the global hospital gowns market is segmented into surgical gowns, non-surgical gowns, and patient gowns. The patient gowns segment is expected to grow at the highest growth rate over the forecast period due to the growing demand for patient gowns to counter the spread of coronavirus. Surgical gowns are also expected to be a highly profitable avenue of the global hospital gowns market, as surgical gowns are used only once before being disposed. 

By risk type, the global hospital gowns market is segmented into minimal risk, low risk, moderate risk, and high risk. The minimal risk segment is expected to grow at the highest growth rate over the forecast period. 

By usability, the global hospital gowns market is segmented into reusable and disposable gowns. Disposable gowns are likely to dominate the global hospital gowns market. 

Competitive Analysis:

Leading players in the global hospital gowns market include Medline Industries Inc., Standard Textile Co. Inc., Angelica Corporation, AmeriPride Services Inc., Cardinal Health, 3M, Atlas Infiniti, Bellcross Industries Pvt. Ltd., Priontex, and Sara Health Care.

Regional Analysis:

The Americas is the dominant regional market for hospital gowns and is likely to retain the position over the forecast period. The growing number of surgeries in North America and the growing healthcare sector in the region are the major drivers for the hospital gowns market in the region. 

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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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Sciatica Market To Gain Impetus With Surge In Work From Home Lifestyle

Sciatica Market -Overview

The development of a sedentary lifestyle has exacerbated the development of cases of sciatica in the global market. The market's report is efficiently analyzed as per MRFR, which provides outlooks for the global markets. The market is estimated to display a stable pace of development in the forecast period ending 2027.

The development of treatment options and accessibility to specialized centers for treatment is estimated to motivate the sciatica market share in the forecast period. The development of new and innovative product options is predicted to create a promising development scope in the global sciatica market in the future.

Segmental Analysis

The segmental overview of the sciatica market is carried out on the basis of type, non-drug treatment, drugs, end user and region. The types segment of the sciatica market consists of L5 nerve root sciatica, S1 nerve root sciatica and L4 nerve root sciatica. The drugs segment of the sciatica market consists of pain killers, antidepressants, muscle relaxants, steroids and anesthetics. The non-drug treatment segment of the sciatica market consists of acupuncture, stimulation devices, surgery and physiotherapy. The end user segment of the sciatica market consists of hospitals and clinics, academics and research. The region segment of the sciatica market consists of Europe, Asia Pacific, North America and other vital regions.

Detailed Regional Analysis 

The regional scrutiny of the sciatica market consists of Europe, Asia Pacific, North America and other vital regions. The Americas sciatica market reports for meaningful market segment due to high spending on healthcare, particularly of the national markets in the U.S. and Canada. The elevated concentration of the main hospitals in the advanced countries of this region combined with good repayment rates is complementing the sciatica market growth. Furthermore, the huge portion of surgical procedures, particularly for sciatica treatment, is motivating the progress of the regional market. Europe is the second-largest market globally due to the growing medical devices industry and healthcare penetration. The national market in Germany is anticipated to be the fastest increasing market over the appraisal period due to its large medical devices business. The Asia Pacific region's sciatica market is anticipated to grow quickly, where China and India can establish a lead in the market due to the rising healthcare sector and greater unmet requirements in the forecast period. The gulf nations such as Saudi Arabia and the UAE are appraised to drive the Middle East & African sciatica market.

Competitive Analysis

The contenders in the market are estimated to take on a proactive role in the progress of the global market. The focus on accelerating the returns from the capital devoted to innovation is observed to be amplified. The creation of market niches or specialization is predicted to support the companies' progress who are operating in the global market. Additionally, the optimization of trade strategies and policies between different countries is estimated to affect the overall market expansion further. The deployment of virtual resources is estimated to bolster the overall market. The market is estimated to reverberate with the developments being initiated in the market. The government bodies are predicted to pitch in constructively to keep the markets going on the path of development. The revamp in market operations and the effect of lockdowns are anticipated to fuel the market's progress in the upcoming period. The balance between demand and supply forces should be stabilized to reap the benefits of the market's progress in the upcoming years.

The prominent contenders in the sciatica market are AstraZeneca, Novartis AG, Sanofi, Teva Pharmaceutical Industries, Neurotech, Endo Pharmaceuticals, Nidd Valley Medical, Omega Laser Systems Ltd., Omron Healthcare, Inc., and others.

Industry Updates:

Sep 2020 A small fixed device that provides reprieve through spinal cord stimulation is in the works to be launched. The spinal cord stimulator systems contain the device itself, which comprises a battery that influences the electrical pulses. A fine wire with several electrodes that carry those electrical impulses to the spinal cord; and remote control, which in this case turns the device off and on and permits for settings to be adjusted. The candidates for spinal cord stimulation are initiated with a brief device to see how they do with the technology and how it impacts their function and pain.

Expansion of Technical Base to Bolster Nurse Call System Market Rise

Nurse Call System Market Scope 

Market Research Future (MRFR) studied the global nurse call system market 2021 in the review tenure till 2023. As per MRFR analysis, the market of nurse call systems is expected to expand at 9.5 % CAGR over the forecast tenure (from 2018 to 2023). By 2023, the global nurse call system market is expected to generate decent revenue.

Market Drivers and Restraints 

The rising installation of nurse call systems in medical facilities that are used to alert nurses in case of emergency situations or to call for patients’ needs is expected to favor the market rise in the near future. The increasing adoption of these systems to track a patient particularly, especially one in old age centers or assisted living, to give a signal if any situation arises that requires ambulatory services can favor the market upsurge in the near future. Several other factors, such as; the rise of geriatric population and the mounting complexity of hospital operations can drive the nurse call system market to grow. In addition, the introduction of new and favorable healthcare investments by governments and the increase in demand for modern technologies can boost the rise of the market. On the contrary, issues with government  stringency in regulation and high installation cost can hamper the market rise in the review period.

Market Segmentation of Nurse Call System Market

The segment study of the global nurse call system market is based on applications, type, technology, and end-users.

The type-based segments of the global market of nurse call systems are nurse call integrated communication systems, nurse call buttons, nurse call intercoms, and nurse call mobile systems among others.

The technology-based segments of the nurse call system market are wireless systems and wired systems.

The application-based segments of the nurse call system market are workflow management, medical emergency, and alarms among others.

The end-users-based segments of the nurse call system market are assisted living centers, hospitals & nursing homes, and ambulatory care centers among others. The segment of Hospitals and nursing homes is expected to secure the largest share of the global market share in the years to come. The increase in the number of private and public hospitals can also benefit the market growth in the years to come. The growing number of establishments of assisted living centers is anticipated to add to market growth in the near future. The surge in geriatric population and increase in assisted living centers are expected to favor the segment upsurge.

Regional Assessment of Nurse Call System Market

The Americas is likely to retain its dominance in the global market of nurse call systems. The early adoption of new technologies, such as nurse call systems, by healthcare institutions and owing to rapid expansion of the geriatric population base. As stated by the report published by the Population Reference Bureau, around 15% of the America population, the number of people above the age of 65 years is high. In addition, a surge in funding for effective healthcare infrastructure by governments in these regions can contribute to market rise in the near future.

In the Europe region, the nurse call system market is expected to garner the second-largest share of the worldwide market. The presence of a well-developed and latest technology driven healthcare industry  can prompt the market growth in EU. In addition, the increase in the patient population is expected to benefit the nurse call system market in the EU.

In Asia Pacific, the market of nurse call systems is anticipated to thrive in the given study tenure owin to the gradual rise in healthcare facilities across developing economies for the ageing group of people. As per the report, the market of nurse call systems is expected to generate decent high revenue for the market.

The market of nurse call systems in the region of the Middle East and Africa can exhibit lowest market share and the region is observed to witness lack of development in the healthcare industry.

Nurse Call System Market Key Players

Jeron Electronic Systems Inc., Austco Communication Systems Pty Ltd., Vigil Health Solutions Inc., Honeywell International Inc., BEC Integrated Solutions, LLC and Systems Technologies, Hill-Rom Services Inc., Ascom, CSINC, AMETEK, Inc., Johnson Controls., STANLEY Healthcare, Azure Healthcare, West-Com Nurse Call System, Inc, and Cornell Communications are some key players in the worldwide nurse call system market that are listed by MRFR.