Monday, September 28, 2020

Gene Therapy Market Size, significant challenges, Specifications, Analysis Forecast To 2025

 Gene Therapy Market Landscape

The Gene Therapy Market size in 2018 was valued at USD 524 million. It is likely to grow at a whopping 40.7% CAGR between 2019- 2025, as per the Market Research Future’s (MRFR) new report. Gene therapy comprises replacing, repressing, and repairing dysfunctional genes that cause disease. The aim of this promising treatment is in re-establishing the normal function. This therapy helps to treat different genetic diseases such as inherited disorders, namely cancer & viral infections, and some specific genetic diseases, namely muscular dystrophy & cystic fibrosis.

Market Drivers and Restraints

Numerous factors are propelling the global gene therapy market growth. These factors, as per the new MRFR report, comprise increasing funds for gene therapy research, availability of favorable reimbursements, increasing cases of cancer & other target diseases, and strategic collaborations & product launches made by key players for staying ahead in the competition. Besides, rising cases of target diseases, large investments made by top market players, and robust product pipeline are also adding market growth.On the contrary, strict regulatory policies coupled with high product development cost are factors that may deter the gene therapy market growth over the forecast period as per the gene therapy market forecast.

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Market Segmentation

The global gene therapy market has been segmented based on indication, product, and end user.By product, the gene therapy market is segmented into yescarta, zynteglo, luxturna, imlygic, kymriah, zolgensma, strimvelis, and others.By indication, the gene therapy market is segmented into oncology, genetic disorders/diseases, and others. Among these, the oncology segment will have a major share in the market over the forecast period. The robust cancer gene therapy pipeline, coupled with surging cancer cases, is adding to the growth of the segment.By end user, the gene therapy market is segmented into hospitals and clinics, the specialty treatment center, & others. Among these, hospitals & clinics will lead the market over the forecast period. The burgeoning number of hospitals, coupled with hospitals & clinics being the foremost choice to treat diseases, is boosting the growth of this segment.

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Regional Analysis

Based on the region, the global gene therapy market report covers the recent trends and growth opportunities across Europe, North America, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, North America will have lions share in the market over the forecast period for the rising cases of chronic diseases, increasing healthcare expenditure, advanced & innovative healthcare infrastructure, presence of eminent market players, and availability of favorable reimbursements.The global gene therapy market in Europe is predicted to have favorable growth over the forecast period for industry players coming up with innovative product launches, top companies in the region extending product distribution by securing approval from various regulatory bodies, and increasing expenditure for gene and cell therapy companies in the UK.The global gene therapy in the Asia Pacific region is likely to grow at a fast pace during the forecast period. The rising government initiatives for the healthcare sector development, presence of top market players in the region, launch & approval of various gene therapy products, rising prevalence of chronic diseases, and growing awareness about gene therapy are adding market growth.The global gene therapy market in the Middle East and Africa is predicted to hold the smallest share over the forecast period for restricted healthcare infrastructure in the region.

Key Players

Eminent players in the global gene therapy market include Orchard Therapeutics plc (UK), Novartis AG (Switzerland), Lonza (Switzerland), CEVEC (Germany), Amgen, Inc. (US), Gilead Sciences, Inc. (US), Thermo Fisher Scientific Inc. (US), Spark Therapeutics, Inc. (US), Bristol-Myers Squibb Company (US), Celgene Corporation (US),and uniQure N.V. (Netherlands).

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Patient Engagement Solutions Market Size Incredible Possibilities and Growth Analysis and Forecast To 2025

 Data collated by Market Research Future regarding PATIENT ENGAGEMENT SOLUTIONS MARKET unveils a succinct analysis of the market size, regional spectrum and revenue forecast about the PATIENT ENGAGEMENT SOLUTIONS MARKET.

Patient engagement solutions are software used in engaging patients as per their convenience and retain them for future visits. Solutions ranging from online scheduling to virtual visits are gaining prominence in the overburdened healthcare sector. The global patient engagement solutions market report by Market Research Future (MRFR) contains in-depth analysis of its drivers, restraints, and opportunities for the period of 2019 to 2025 (forecast period). The sudden outbreak of the COVID-19 virus and its impact has been integrated into the final report with its effect on financial dealings, operations, and new policies.

Market Scope

The global Patient Engagement Solutions Market size is expected to reach a value of USD 42,600 million by 2025. It is expected to display a CAGR of 18.90% over the forecast period. The shift from conventional models to digitization is predicted to be the major driver of the market. Hospitals and other healthcare organizations and their decisions to digitize patient records, billing information, and other pertinent files can work in favor of the market. This has led to a surge of investments in the healthcare IT sector.

Government policies encouraging the use of healthcare IT software is predicted to drive the market demand. Rise of chronic diseases and the subsequent establishment of healthcare facilities to combat the surge of cases can work favorably for the market. According to the analysis by MRFR, nearly 117 million people in the region of Americas will be affected by some form of chronic disease.

But high capital required for infrastructure of patient engagement can hamper the market growth.

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Segmentation

The global patient engagement solutions market is segmented by component, delivery mode, therapeutic area, application, and end-user.

By component, it is segmented into hardware, software, and service.

Software is the largest segment of the market due to its capacity to present and retain accurate, unbiased, and relevant data. The access of the software to patient databases which can offer data seamlessly to both clinicians and patients will drive the segment demand and growth till 2025. Service is the second-largest segment owing to the need for installation, maintenance, and compatibility of software. Lastly, the hardware segment held the least share in the global patient engagement solutions market.

By delivery mode, it is segmented into cloud-based, web-based, and on-premise. The cloud-based segment has capture the largest share of the market and predicted to dominate till the end of the forecast period. The software is installed by the vendor and accessed by users through the Internet.

By therapeutic area, it is segmented into women’s health management, fitness management, chronic disease, and others. Among them, the chronic disease segment is expected to net huge revenues for the global patient engagement solutions market. Rising prevalence of chronic diseases and increasing awareness about patient engagement solutions can foster segment growth in the market in the coming years. On the other hand, fitness management is anticipated to be the fastest-growing segment during the forecast period.

By application, it is segmented into home health management, health management, social management, and financial health management. Health management is likely to hold the largest market share owing to increasing focus on patient care. The sudden outbreak of the COVID-19 virus has brought healthcare IT technologies to the forefront and its need in catering to large volume of patients. On the other hand, home health management is predicted to register the highest CAGR during the forecast period.

By end-user, it is targeted at individual users, healthcare payers, hospitals and healthcare providers, and others.

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Regional Analysis

Geographically, the global patient engagement solutions market covers the Americas, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).

The Americas is the largest regional market. Huge relief packages announced amid the COVID-19 for public testing and healthcare infrastructure are expected to foster the demand for healthcare IT solutions. In addition, reimbursement schemes, prevalence of chronic diseases, and need for systems to lower costs to hospitals and offer benefits to healthcare payors are major factors driving market growth.

Europe is expected to generate significant revenues for the global patient engagement solutions market due to investments in new technologies such as artificial intelligence, mHealth, and big data analytics. Launch of new software which are compatible with existing operating systems and the shift to preventive care models can drive the trajectory of the market in the region.

APAC is expected to grow at a rapid pace over the forecast period. This can be attributed to the world’s largest population and a fast-developing healthcare sector.

Competition Outlook

Orion Health Ltd, Cerner Corporation, Athenahealth, Inc., Aetna Inc., Lincor Solutions, Welvu, Get Real Health, Allscripts Healthcare Solutions, Inc., Oneview Ltd, Medecision, Inc., McKesson Corporation, and IBM are major players operating in the global patient engagement solutions market. Mergers and acquisitions are prime strategies incorporated by these players to increase their reach and expand their customer base.

G Protein Coupled Receptors Market: In-Depth Research on Market Dynamics, Applications & Emerging Growth Factors

   As per Market Research Future (MRFR) analysis, the global G Protein Coupled Receptors Market is expected to reach USD 3,100 million with a CAGR of 7.1% CAGR from 2017 to 2024 (forecast period). The study also analyses the impact of COVID-19 on the G-protein coupled receptor market and provides a clear assessment of the expected market fluctuations during the forecast period.


G-protein coupled receptors (GPCRs), also referred as seven-transmembrane domain receptors, 7-TM receptors, serpentine receptors, heptahelical receptors, and G-protein-linked receptors (GPLRs), are a broad family of receptor proteins that detect molecules outside the cell and enable internal signal transduction pathways and, ultimately, cellular responses. Coupled with G proteins, they are called seven-transmembrane receptors because they pass across the cell membrane seven times.

Market Dynamics
The growth of the global market for G-protein coupled receptors (GPCR) is driven by a variety of factors, such as increased use of G-protein combined receptors in drug disclosure and advancement forms, and an increase in the number of drugs in clinical and preclinical studies targeting these receptors. However, the high cost of maintaining GPCR cell lines and strict government policies is expected to reduce the global market growth for G-protein coupled receptors.

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Segmentation

The global market for G-protein coupled receptors has been segmented based on the product, assay type, and application.
Based on the product, the market has been divided into cell lines, detection kits, cell culture reagents, ligands, and others. The segment for detection kits are plausible to be the fastest during the evaluation period as they are ready to use kits that include all cells and reagents to conduct functional GPCR assay in live cells, thereby pushing the growth of the global G protein coupled receptor market.

Based on assay type, the global G-protein coupled receptor market has been segmented into functional calcium assays, cGMP assays, internalization assays, GTP gamma S binding assays, cAMP functional assays, ß-Arrestin Functional Assays, and others. Calcium functional assays are the strongest segment, with numerous advantages, such as user configurability and ease in estimating calcium flux, thereby driving this segment’s growth in the GPCR market.

Based on the application, the global G protein coupled receptors market has been segmented into the cardiovascular system, oncology, respiratory system, immunology, central nervous system, and others. The cardiovascular system is a significant segment of angiotensin II, and β-adrenergic receptors provide treatment for a wide variety of cardiovascular disorders, such as heart failure. Nearly 17.9 million people die every year from cardiovascular disease, therefore increasing the G-protein coupled receptor market.
Regional Analysis
Regionally, the market for G-protein coupled receptors has been divided into the Americas, Europe, the Asia Pacific, and the Middle East & Africa.
The Americas is estimated to be the leading market due to the presence of a large number of approved drugs targeting G-protein coupled receptors. The market for G-protein coupled receptors in the Americas was further divided into North America and Latin America, with the North American market divided into the United States and Canada.
The European G-protein coupled receptor market has been classified as Western Europe and Eastern Europe. The Western European market has also been classified as Germany, France, the United Kingdom, Italy, Spain, and the rest of Western Europe.

The market for G-protein coupled receptors in the Asia Pacific has been segmented into China, Japan, South Korea, India, Australia, and the rest of the Asia Pacific. The number of approved drugs targeting GPCRs has propelled the growth of the G-protein coupled receptor market and is projected to be the fastest-growing market in the Asia Pacific. The market for G-protein coupled receptors in the Middle East and Africa has been divided into the Middle East and Africa.

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Key Players
Some of the major participants in the global G protein coupled receptor market are Thermo Fisher Scientific, Inc., Cisbio, Abcam PLC, PerkinElmer Inc., Merck Group, Promega Corporation, HD Biosciences Co., Ltd, QIAGEN, Enzo Life Sciences, and Inc.BD. Many industry players currently dominate the global G-protein coupled receptors industry. The leading players are involved in product launches and strategic alliances to reinforce their market positions.

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Contact lenses Market Size, significant challenges, Specifications, Analysis Forecast To 2025

 The report also includes detailed abstracts about statistics, revenue forecasts and market valuation. The report also offers a detailed analysis on the competitive landscape of the market.


According to Market Research Future (MRFR), the global contact lenses market size is projected to increase to USD 12,330.46 MN by 2025. In its recent contact lenses market analysis, MRFR asserts that the market would register approximately 5.70% CAGR during the assessment period (2016 – 2025).

The global Contact lenses Market witnesses a constant rise in terms of size and revenues. The market growth attributes to growing refractive issues related to eyesight among people. Besides, the growing prevalence of disorders such as myopia, hyperopia, astigmatism, and presbyopia drive the growth of the market. Over recent years, these disorders are prevailing at a rapid pace, mainly due to the rising cases of vitamin A deficiency and accidents.

Also, a general notion among people that wearing spectacles might negatively affect their appearance escalates the market growth to furthered height.
The flexibility that contact licenses offer is a key driving force that not only encourages preference but also increases the popularity of contact lenses among people.
Unlike spectacles, contact lenses move with eyeballs, which allows a natural field of view and considerably reduces distortions.
Moreover, contact lenses do not fog up or get splattered by mud or rain, which makes them excellent for sports and other physical activities. Contact lenses have evolved dramatically with increasing technological advances. Technological innovations have significantly improved functionalities of contact lenses, making it more viable than ever. Furthermore, socio-cultural factors like the influence of fashion, media & film industry, and peer pressure substantiate the market demand exponentially.
The rising global economy is a key factor in boosting the market growth, increasing consumer purchasing power, and quality of life.
On the other hand, contact lenses are considerably expensive than spectacles. The high cost is a significant growth restraining factor for the contact lenses market. However, the good news is that with technological innovations, contact lenses are becoming cheaper day by day. These rapidly dropping prices of contact lenses would act as a major tailwind for the market growth throughout the anticipated period. Also, massive demand from the fashion industries would increase contact lenses market share.

Contact Lenses Market – Segmentations
The report is segmented into five dynamics;
By Wear Type : Disposable Lenses, Daily Disposable Lenses, Conventional Lenses, and Frequent Replacement Lenses.
By Type                             : Therapeutic Lenses, Corrective Lens, and Cosmetic & Lifestyle Oriented Lenses.
By Material     : Methacrylate Hydrogel Soft Contact Lens, Gas-Permeable Contact Lens, Silicone Hydrogel Soft Contact Lens, and others.
By Design                         : Toric Lens, Spherical Lens, Multifocal Lens, and others.
By Regions                      : Americas, Europe, Asia-Pacific, Middle East & Africa, and Rest-of-the-World.
 
Contact Lenses Market – Regional Analysis
North America leads the global contact lenses market. Market share attributes to the growing vision problems and other eyesight affecting diseases & disorders. Moreover, increasing the mid-age populace and rising vision problems in youngsters support regional market growth. Eyesight problems usually arise with the growing age. Youngsters in the region are more self-conscious about their appearance.
Besides, the presence of major industry players in the region, along with their expansion strategies and product launches, is a significant driving force for the market growth. The North American contact lenses market is estimated to retain its leading position in the global market throughout the assessment period.
Europe accounts for the second-largest share in the global contact lenses market. Market growth is driven by rising R&D activities and new product approvals. Also, prevailing eyesight-related disorders and other eye diseases, along with the growing number of middle-aged populations, foster the growth of the market in the region.
The increasing focus of industry leaders to expand their business in Europe drives market sales. Furthermore, well-spread awareness about eye care drives the regional market growth excellently. The European contact lenses market is assessed to grow further at 6.02% CAGR during the forecast period.
The Asia Pacific contact lenses market is becoming a promising market, growing rapidly. Factors such as increasing occurrences of ocular diseases and the increasing availability of cost-completive contact lenses ranges drive the regional market growth. Besides, large untapped markets and unmet clinical needs among demographics demonstrate huge growth potential.

Highly populated countries India and China, with the spreading awareness about eye care, fuel the growth of the market, attracting global players. The APAC contact lenses market is projected to grow significantly over the review period.

Global Contact Lenses Market – Competitive Analysis
The contact lenses market appears highly competitive and fragmented due to the presence of several well-established players. To gain a larger competitive share, industry leaders incorporate strategic initiatives such as mergers & acquisitions, collaboration, expansion, and product/ technology launch. They make substantial investments to drive R&D to develop technologically advanced contact lenses and expand their global footprint.

Major Players:
Leaders of the global contact lenses market include Novartis AG, CooperVision, Inc., Bausch Health, Johnson & Johnson Services Inc., Seed Co. Ltd, Hoya Corporation, Neovision Co, Ltd, Oculus Private Limited, Menicon Co., Ltd, Camax Optical Corp., and St. Shine Optical Co., Ltd., among others.

Industry/Innovation/Related News: 
June 03, 2020 — ABB Optical Group, LLC (the US), a leading optical products, services, and business solutions provider, announced its distribution services in Canada. ABB is a leading provider of optical products and business solutions in the eyecare industry. It is a leading authorized distributor of all major soft contact lens manufacturers and the industry’s foremost manufacturer of custom soft and gas-permeable contact lenses in America.
Now, ABB has commenced the distribution of contact lenses to Canadian eyecare professionals. It brings distribution services of the four major soft contact lens manufacturers to Canadian ECPs. Offering them access to the extensively consolidated inventory in Canada, ABB would enable them to ship directly to patients’ homes. This Single-source distribution would allow ECPs to improve efficiencies in their practice, leading to improved patient care, satisfaction, and retention.

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Expansion of Immunosuppressive Drugs Market to Remain Consistent During 2017-2025

 The Immunosuppressive Drugs Market report presents significant details concerning market size, market share, and profit estimations to offer a panoramic view of the global market space. Moreover, this report enunciates on an accurate competitive analysis emphasizing growth strategies devised by key players in the.


Various factors are propelling the Immunosuppressive Drugs Market growth. These factors, as per the new Market Research Future report, include the growing rate of autoimmune diseases, growing need for organ transplantation, increasing rates of organ failure, increasing use of tissue engineering in organ transplant, and burgeoning demand for organ replacement.

On the flip side, stem cell therapy used as an alternative to organ transplantation, lack of awareness regarding immunosuppressive drugs, shortage of donors for organ transplant, high drug cost, and uncertainty of the action of these drugs on complex organ transplantations are factors that may deter the immunosuppressive drugs market growth over the forecast period.

Market Segmentation

The MRFR report provides an all-inclusive segmental analysis of the immunosuppressive drugs market on the basis of application, end user, drug type, and route of administration.
Based on drug type, the immunosuppressive drugs market is segmented into IMDH inhibitors, mTOR inhibitors, antiproliferative agents, corticosteroids, calcineurin inhibitors, and others. Of these, the calcineurin inhibitors segment will lead the market over the forecast period for their high efficacy.
Based on the route of administration, the immunosuppressive drugs market is segmented into oral, intravenous, and others. Of these, the intravenous segment will dominate the market over the forecast period.

Based on the application, the immunosuppressive drugs market is segmented into organ transplants, autoimmune disease, and others. Of this, the autoimmune disease segment will have the maximum share in the market during the forecast period, chiefly due to the increasing prevalence of autoimmune diseases, especially systemic lupus erythematosus, multiple sclerosis, and rheumatoid arthritis.

Based on the end user, the immunosuppressive drugs market is segmented into organ transplant centers, hospitals and clinics, and others. Of these, hospitals and clinics will have the largest share in the market over the forecast period, chiefly due to the burgeoning number of hospitals in the developing economies coupled with the growing number of patient admissions.

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Regional Analysis

By region, the immunosuppressive drugs market report covers the latest trends and growth opportunities across the Americas, the Middle East and Africa, Europe, and the Asia Pacific. Of these, the Americas will lead the market over the forecast period. Factors aiding the growth of the immunosuppressive drugs market in the region include the increasing prevalence of autoimmune diseases, the growing number of organ transplants, large-scale investments in research and development, and technological advancements.
The immunosuppressive drugs market in Europe is predicted to have a healthy growth over the forecast period. This is firstly due to the increasing incidence of autoimmune diseases, especially in Western Europe and secondly due to the growing number of transplants in the region.

The immunosuppressive drugs market in the APAC region is predicted to grow at the fastest pace over the forecast period. Factors aiding the growth of the immunosuppressive drugs market in the region include an increase in medical tourism, the presence of well-established healthcare industry, and a high population.
The immunosuppressive drugs market in the MEA is predicted to have a small share in the market over the forecast period for having an underdeveloped organ transplant market and the less incidence of autoimmune diseases.

Key Players
Notable players profiled in the immunosuppressive drugs market report include Zydus Cadila (India), Actavis, Inc. (US), Pfizer Inc. (US), Novartis AG (Switzerland), Mylan Laboratories Inc. (US), Glenmark Pharmaceuticals, Inc (India), Bristol-Myers Squibb Company (US), GlaxoSmithKline PLC (UK), Genzyme Co. (US), F. Hoffmann-La Roche AG (Switzerland), Astellas Pharma (Japan), and Accord Healthcare (US).
Industry News
October 2019: Lupin has introduced Mycophenolate Mofetil Capsules USP, a generic version of Roche’s CellCept. These are antimetabolite immunosuppressant that is indicated for prophylaxis of organ rejections in liver transplant, kidney transplant, and allogenic kidney recipients and must be used together with other forms of immune suppressants.



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Healthcare BPO Market: Growth Opportunities, Segmentation, Competitive Landscape and Regional Analysis 2023

 The Healthcare BPO Market report presents significant details concerning market size, market share, and profit estimations to offer a panoramic view of the global market space. Moreover, this report enunciates on an accurate competitive analysis emphasizing growth strategies devised by key players.

Healthcare BPO Market Share, Growth And Industry Trends By Services (Pharmaceutical Service, Payer Services And Provider Services) And Region (Americas, Europe, Asia-Pacific And The Middle East & Africa) – Forecast Till 2023

 
Market Outlook
 
The global Healthcare BPO Market size is bound to touch USD 449,623.8 million by 2024. It is expected to display 12.3% CAGR over the forecast period. It is driven by the emphasis placed on patient care and need to curb healthcare expenses. For instance, the healthcare expenditure in the U.S. had reached USD 3.6 trillion in 2018. The need to lower spending and curtail expenses of surgeries as well as lower operating expenses can bode well for the market.
 
Rising patient inflow, increasing recovery audits, and need for minimizing critical mistakes are other factors which can induce the demand for healthcare BPOs. Emergence of various hospitals and their need to reduce reliance on government funds and improve their bottomline margins can drive the need for outsourcing services. Development of bots and virtual assistants to handle queries of patients can reduce the load of workers and assist them in focusing on pertinent tasks.
 
Scope of the Report
 
Healthcare business process outsourcing (BPO) companies are involved in handling the non-core or supportive work of healthcare companies. These include pharmaceutical and biopharmaceutical companies. Medical coding and billing, claims processing, and data entry services are 3 major services conducted by healthcare BPO firms. The global healthcare BPO market looks at the factors and challenges of major healthcare organizations and its prospects for the period of 2019 to 2024 (forecast period).
 
Segmentation
 
Based on services, the global healthcare BPO market has been segmented into pharmaceutical service, payer services, and provider services. The pharmaceutical services need to scale its services by focusing on patient care and development of innovative technologies with the help of machine learning and artificial intelligence. The focus on research and development would require data analytics which can assist companies in making decisions pertaining to vaccines, drugs, and other potential launches.
 
 
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Regional Analysis
 
The global healthcare BPO market, based on region, is segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas are expected to lead the market owing to the need to curtail unnecessary overhead expenses in hospitals. Complex payor systems and long patient queues for processing of claims can drive the need for outsourcing services in the U.S. The need to provide high-volume services and requirement of capital for upgradation of hospital infrastructure can bode well for the global market in the coming years.
 
North America will generate the maximum revenue for the Americas healthcare BPO market.Europe accounted for 21.1% share of the global market. The well-developed healthcare infrastructure, disposable income levels of patients, and digital disruption are major factors bolstering market demand. Minimizing critical mistakes is a pivotal factor of the market with companies adhering to latest regulations set by medical boards such as HIPAA.
 
Poor processing of bills has led to losses which have culminated in shutdown of hospitals. Furthermore, training services provided to employees with regards to updates of latest technologies can augur favorably for the market.
 
APAC seems to be lucrative for the global healthcare BPO market owing to heavy investments from healthcare firms. Cost-efficiency measures undertaken by these firms for lowering the percentage of mistakes and reducing overhead expenses can lead to massive setups by parent healthcare organizations. India seems to contribute the maximum to the industry owing to their efficient training programs and skilled workforce. Adoption of medical transcription services and development of software applications which are compliant with regulations of international hospitals can augur favorably for the market.
 
 
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Competition OutlookHealthcare BPO companies currently operational include Sykes, HCL, Cognizant, ACCENTURE, IBM, QUINTILES, and INFOSYS.
 
 
 
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Inhalation Anesthesia Market : Market Opportunities, Competitive Landscape, Segmentation, Analysis & Forecast 2025

  The Inhalation Anesthesia Market research report, presented by Market Research Future, elucidates relevant market insights that serve the best interest of both global and regional players.


Market Outlook
The global inhalation anesthesia market is expected to reach a significant valuation by exhibiting a CAGR of 3.8% during the forecast period. The market size stood at USD 1.12 billion in 2018. The growing elderly populace is one of the biggest drivers of the market. The amount of surgeries affecting the elderly warrants the need for inhalation anesthesia. According to the World Health Organization (WHO), the numbers of the elderly can inflate from 12% to 22% by 2050.

Inhalation anesthetic agents are a group of chemicals used in induction and maintenance of anesthesia during surgery. They are preferred due to the precise control of the anesthesia and prevent the movement of the body. It is preferred for maintenance due to its low cost. The global Inhalation Anesthesia Market report contains useful insights, drivers, and challenges for producers of anesthetic agents during the period of 2019 to 2025 (forecast period). The report will take a comprehensive analysis of the industry and map the various strategies of players as well as the sustainable strategies undertaken by them to sustain during the forecast period.

Rise of emergency short stays at hospitals and ambulatory care centers is one of the biggest drivers of the market. Improvements in healthcare infrastructure, success in surgeries, and access to health insurance are other factors which will be critical to the global inhalation anesthesia market. Rising approvals of regulations, prevalence of cardiovascular and respiratory disorders, and inhalation of drugs can induce the procurement of inhalation anesthesia. Moreover, the need for the safe passage of drugs for inhalation during maintenance and induction can induce the need for inhalation anesthetics.

Concerns regarding greenhouse gas emissions can impede the market growth. But anesthesia recycling is expected to gain traction to overcome challenges portrayed by the prolonged use of these gases. Anesthesia recycling systems have been developed to collect anesthesia gases from hospital vents.


Segmentation
The global inhalation anesthesia market is segmented by product and application.
By product, it is segmented into sevoflurane, isoflurane, and desflurane. Sevoflurane had dominated the market in 2018 and pegged to continue till the end of the forecast period. This can be attributed to the usage in anesthesia induction and low cost. On the other hand, isoflurane is effective in low amounts and be passed via the lungs to lower hospital expenses.
Major applications include induction and maintenance.

Regional Analysis

Regions covered with respect to the global inhalation anesthesia market are the Americas, Europe, Asia Pacific (APAC), and the Middle East and Africa (MEA).
The Americas is estimated to lead the global market owing to the growing geriatric population. As per the data by the United Census Bureau, the U.S. populace can expand from 326 million in 2018 to 404 million by 2060. According to statistics by the World Health Organization (WHO), more than 20% of the population in the U.S. will comprise persons aged 65 and above by 2030. The spike in the number of surgeries can drive the demand for inhalation anesthesia. According to the American Society for Aesthetic Plastic Surgery, close to 1.5 million surgeries were conducted in 2017.
APAC can display a stellar growth rate during the forecast period owing to increased healthcare expenditure of nations, prevalence of chronic conditions, and awareness of medications. Other drivers include health insurance for masses, rise of medical tourism, and establishment of ambulatory care centers.
Competition Outlook
Lunan Pharmaceutical Group Co. Ltd, Halocarbon Products Corporation, Baxter International Inc., Jiangsu Hengrui Medicine Co. Ltd, Fresenius Kabi AG, Hikima Pharmaceuticals plc., AbbVie Inc., and Piramal Enterprises Limited are key players of the global inhalation anesthesia market.

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Tuesday, September 22, 2020

Flow cytometer reagents Market Overview, Dynamics, Growth Factors for Business Expansion, Key Companies, Trends and Forecast 2023

 Flow cytometer reagents market information: by type (calibration and validation reagents, specificity reagents, supporting reagents, secondary reagents, isotype controls, buffers, others), by applications (diagnostics, drug discovery, others) by end users (pharmaceutical and biotechnology industry, academic and research centers, diagnostic centers, others) – Global forecast till 2023

Flow cytometer reagents Market scenario

Flow cytometer reagents Market are used for calibrating, maintaining, validating and conducting or supporting the experiments. Thus, they are essential for the normal and satisfactory working of the instrument. Calibration reagents are used for validating that the instrument records the values consistent with the actual or real concentration or number of cells. These are proprietary and contain particle concentration in a narrow range. The buffers are used to maintain the pH of the solutions used in flow cytometry. Specificity reagents are used to bind selectively to the sample particles so as to ease detectability.

The market for flow cytometer reagents is rising fast due to increasing use of flow cytometry in pharmaceutical and biotechnological industry, launch of new reagents for specific applications like diagnostics & drug discovery, development of user-friendly & software, growing prevalence of infectious diseases etc. The market restraints are the high cost of the flow cytometer reagents because of the proprietary nature of most reagents and the lack of transparency in the market.

Segment Analysis :

The global flow cytometer reagents market has been segmented on the basis of types, applications, and end users.

Based on types, the market has been segmented as the calibration and validation reagents, specificity reagents, supporting reagents, secondary reagents, isotype controls, buffers and others.

Based on the applications, the market has been segmented into diagnostics, drug discovery and others.

Based on the end users, the market has been segmented as pharmaceutical and biotechnology industry, academic and research centers, diagnostic centers and others.

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Regional analysis:

The Americas account for the significant market share owing to extensive use of medications and high expenditure on the health care. Additionally, the fastest uptake of new technology in the US drives the global flow cytometer reagents market. Also, the concentration of the major research companies and biotechnology sector in the developed countries of this region is adding fuel to the market.

Europe is the second largest market in the world due to high industrial and research base.

Asia Pacific region is expected to grow rapidly and China and India are likely to lead this market due to fast growing industrial sector during the forecast period.

Gulf nations such as Saudi Arabia and the UAE drive the Middle East & African market. The African region is expected to witness a moderate growth owing to poor economic and political conditions and poor healthcare development.

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Antifungal Treatment Market Expected To Reach At A Highest Growth During Forecast Period

 Antifungal Treatment Market Information, By Drugs Class (Azoles, Pyrimidines, Echinocandins, Polyenes, Allylamines, And Others), By Therapeutic Indication (Systemic, Candidiasis, Coccidioidomycosis, Cryptococcosis, And Prophylactic), By Pathogen (Candida, Aspergillus, Cryptococcus, Coccidioides Immitis, Zygomycetes, Trichophyton, And Others), And By End Users (Hospitals & Clinics, Dermatology Clinics, And Others) – Global Forecast Till 2023

 
Market Analysis

The global Antifungal Treatment Market is predicted to touch USD 19,558.0 million at a 4.61% CAGR over the forecast period (2017-2023), states the latest Market Research Future (MRFR) report. Fungal infections in the body result from unclean and unhygienic environments where fungal agents thrive. Such agents grow by spreading spores, which causes skin infection subsequently or when fungal infections are inhaled (systematic). Antifungal drugs or treatment are substances that selectively acts against the fungal pathogen in the fungal infection treatment. Allylamines, polyenes, echinocandins, pyrimidines, and azoles are the most widely used antifungal treatments.


Various factors are propelling the antifungal treatment market growth. Some of these factors, according to the Market Research Future report, include rising number of patients with fungal diseases, rising geriatric population, growing awareness regarding different fungal infections, rising corporate and government initiatives, and rise in population which come in contact with infections and resistant fungal strains. Additional factors pushing market growth include the weakened immune system, rising disposable income, increased investments in research and development activities, private-public partnership agreements in the pharmaceutical sector to develop new and effective antifungal drugs, and growing demand for over the counter (OTC) drugs to treat skin infections.

On the contrary, availability of conventional therapies and generic drugs for fungal infections, allergic reaction to specific antifungal drugs, and government regulations in the pharmaceutical industry are factors that may deter the antifungal treatment market growth over the forecast period.
 
 
Market Segmentation
 
The MRFR report offers a wide segmental analysis of the antifungal treatment market on the basis of drug class, therapeutic indication, pathogen, and end users.
Based on drug class, the antifungal treatment market is segmented into allylamines, polyenes, echinocandins, pyrimidines, azoles, and others. Of these, the azoles segment will have the largest share in the market over the forecast period. Azoles are used for treating ocular fungal infections, systemic candidiasis, blastomycosis, and candidemia.
Based on therapeutic indication, the antifungal treatment market is segmented into cryptococcosis, coccidioidomycosis, candidiasis, and systemic. Of these, the systemic segment will dominate the market over the forecast period.
Based on pathogens, the antifungal treatment market is segmented into trichophyton, zygomycetes, coccidioides immitis, cryptococcus, aspergillus, candida, and others.
Based on end user, the antifungal treatment market is segmented into dermatology clinics, hospitals and clinics, and others.
 
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Regional Analysis
 
By region, the antifungal treatment market report covers the latest trends and growth opportunities across the Americas, the Asia Pacific, Europe, and the Middle East and Africa. Of these, the Americas, particularly North America, will lead the market over the forecast period. This is owing to the rising incidences of patients in this region with fungal infections, developed healthcare infrastructure, and quick adoption of new antifungal treatments.
The antifungal treatment market in Europe will have the second-largest share in the market over the forecast period. Most companies in Europe are emphasizing on R&D of antifungal drugs that in turn, is pushing market growth. These companies are getting government funding that is favoring the market growth in this region.
The antifungal treatment market in the APAC region is predicted to grow at the fastest pace over the forecast period. This is owing to the increasing awareness regarding available fungal infection treatments, rising healthcare expenditure, rising adoption of new medical practices, and developing healthcare infrastructure.
The antifungal treatment market in the Middle East and Africa is predicted to have a slow growth over the forecast period. This is owing to limited access to healthcare facilities and lack of awareness regarding antifungal treatments.
 
 
Key Players
Leading players profiled in the antifungal treatment market report include Bayer AG (Germany), Astellas (Japan), Merck & Co., Inc. (U.S), Sanofi (France), Pfizer Inc. (U.S), and Novartis AG (Switzerland), among others. Key players have incorporated strategies such as technology launch, expansion, partnership, collaboration, and acquisition for gaining a competitive advantage in the market.
 
March 2019: Pharmbio Korea has signed a deal with BioSynectics for creating an antifungal treatment, PBK-1819-2. The company will use the nanotechnology of BioSynectics to create the drug. The nano-conversion technology will offer an array of perks such as lower side effects, dietary as well as post-diastolic deviation, and improved bioavailability.

 

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Tinea Versicolor Treatment Market to Witness a Pronounce Growth During 2018 to 2023

  Tinea Versicolor treatment market information, by diagnosis (wood lamp (black light) examination, microscopy using potassium hydroxide, and others), by treatment (antifungal shampoos, antifungal creams, and others), by end user- global forecast till 2023


The ‘Tinea Versicolor Treatment Market’ research report, compiled by Market Research Future, delivers a comprehensive analysis on the key market dynamics, including drivers, restraints, opportunities, and threats.

Global Tinea Versicolor Treatment Market – Overview
Also known as pityriasis versicolor, Tinea Versicolor Treatment Market is a skin infection. It also called as. In this condition, small and discolored patches of skin occur, mostly affecting the shoulders and trunk.

Rising prevalence of tinea versicolor, increasing awareness of the disease, rising healthcare expenditure, advanced diagnosis and treatment options, and approval of new antifungal medicines are leading the growth of global tinea versicolor treatment market. Various factors initiative the growth of Tinea Versicolor Treatment market such as new product development, and increasing funding for research, clinical trials are driving the growth for the market. Enormous amount of investment by government and companies for research and development to determnine cure for Tinea Versicolor Treatment. Growing adoption of technologically advanced diagnostic medical devices also accelerates the market growth. Various other factors affecting the market growth are government support to improve public healthcare, increasing awareness, rising demand from emerging markets, and newly developed healthcare practices are also major factors for the market growth.

Key Players:

Astellas Pharma US, Inc. (U.S.), Bayer AG (German), Enzon Pharmaceuticals, Inc. (US), Galderma S.A. (Switzerland), Gilead (US), Novartis AG (Switzerland), Pfizer Inc. (US), Taro Pharmaceutical Industries Ltd. (US), Teva Pharmaceutical Industries Ltd. (Israel), Valeant (Canada) are some of the leading players at the cutting edge of the competition in the market of Tinea Versicolor Treatment across the globe.
Key developments

Major players in the market are engaged in the development of new products to capture the market globally. Thus, key market players are investing more in research and development activity, in order to lead the global market. In this regards, market players undertake various strategic approaches.
Teva Pharmaceutical Industries Ltd.
In August, the company aquired Actavis Generics to strengthen its position in the global and U.S. generics markets.
Novartis
In March 2016, Novartis cancer drug gets FDA’s principal ‘biosimilar’ affirmation. Federal regulators have permitted the first “biosimilar” drug to be sold in the U.S. under a program intended to branch a new market of lower-cost substitutes to some of the most expensive treatments in healthcare. This approval of biosimilars will help many patients who are in need of these treatments.
In May 2016, Novartis studies new sales model for tentative cancer therapy. Novartis strategies to use a medical device-like sales model to market its CAR T-cell technology if the new cancer treatment receives FDA approval. This approach may help stem concern about the therapy’s complex distribution process as well as the expected high prices for treatment.


Pfizer
In April, 2017, Pfizer entered into a merger with Allergan to gain access for Allergan’s portfolio including Botox, Viagra, the Prevnar pneumonia vaccine, and treatments for ailments including Alzheimer’s and rheumatoid arthritis.
In Sep, 2016, Pfizer aquired Medivation, a cancer drug maker, to gain access to a non-steroidal topical gel, crisaborole for the treatment of mild to moderate eczema.
In August 2016, FDA approved Pfizer’s TROXYCA ER extended-release capsules CII for pain management. This drug is used for abuse-deterrent properties for the management of pain and will help Pfizer to improve their goodwill and sales with this new product
In July 2016, Bind Therapeutics entered into an asset purchase agreement with Pfizer. Bind Therapeutics Inc. entered into an asset purchase agreement with Pfizer, Inc. On July 26, 2016, company amended the stalking horse agreement. The acquisition is expected to close on or about August 1, 2016.
In July 2016, Pfizer and Western Oncolytics announce immuno-oncology research collaboration. This collaboration has the aim to investigate novel oncolytic virus technology. Under terms of agreement, Pfizer and Western Oncolytics will collaborate on preclinical, clinical development of WO-12 through Phase I trials. Financial terms of agreement are not disclosed
In June 2016, Pfizer completes acquisition of Anacor Pharmaceuticals. This acquisition has a motive for Pfizer, so that the company can accelerate their shared commitment to help patients with inflammatory disease, an area of high unmet medical need

April, 2017, Pfizer entered into a merger with Allergan to gain access for Allergan’s portfolio including Botox, Viagra, the Prevnar pneumonia vaccine, and treatments for ailments including Alzheimer’s and rheumatoid arthritis.
In September, 2016, Pfizer aquired Medivation, a cancer drug maker, to gain access to a non-steroidal topical gel, crisaborole for the treatment of mild to moderate eczema.
In September, 2015, Pfizer acquired Hospira to maintain its leadership position in the sterile injectables category, with a portfolio of both generic and branded products.

Bayer AG
In September, 201, Bayer and DelSiTech partnered to develop drug delivery technology for Ophthalmology.
May, 2014, the company completed the acquisition of Merck & Co., Inc.’s non-prescription business to become the OTC leader in North America and Latin America & achieve top global positions in key OTC product categories.

 

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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.