Eye Care Supplements Market Analysis, Market Status, Competition & Companies, Growth Opportunities, Top Key Players and Forecast by 2023

  The global Eye Care Supplements Market is witnessing a continual rise in its size. The market growth majorly attributes to the penetration of various vision care brands. The prevalence of various eye diseases and disorders is constantly growing over the last few years. This is mainly due to environmental changes, pollution, and the adoption of an unhealthy lifestyle.

Moreover, the increasing myopic population worldwide pushes sales of eye health supplements. Additionally, vision corrective & surgical processes and ophthalmic diseases increase the consumption of eye health products. Also, increasing screen use led by the rising popularity of smartphones and mobile games escalates the market growth to furthered height. Average screen time is soaring during COVID 19 Lockdown as more people work from home and join virtual meetings.

According to Market Research Future (MRFR), the global Eye Care Supplements Market is poised to create a valuation of USD 9,355.09 MN by 2025, registering 6.36% CAGR during the review period (2019 – 2025). High myopia increases the risk of eye disorders later in life, such as early cataracts, glaucoma, and macular degeneration. Hence, it is not only the older group of people, but younger customers are also turning to eye care supplements to improve their eyesight damaged due to long hours of screen-time, causing dry and tired eyes.

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Global Eye Care Supplements Market – Segments

The report is segmented into six dynamics;

By Indication : Cataract, Age-Related Macular Degeneration (AMD), Glaucoma, Eye Fatigue, Corneal Support, Eyelid Conjunctivitis, and others.

By Product Type : Antioxidant, Neuro-Protective, Anti-Inflammatory, and others.

By Supplement Type : Vitamins, Minerals, Fatty Acids, and others.

By Form : Tablet/Capsule, Liquid, Gels, Gummies, and others.

By Distribution Channel : Online Pharmacy, Hospital Pharmacy, Retail Pharmacy, and others.

By Regions : Europe, North America, APAC and Rest-of-the-World.

Eye Care Supplements Market – Regional Analysis

North American dominates the global Eye Care Supplements Market. The largest market share attributes to the growing prevalence of various eye-related diseases and disorders. Besides, the strong presence of many notable players such as Pfizer Inc., Amway, and Bausch & Lomb Incorporated, increases the penetration of vision care supplements in the region. Also, the high consumption of eye health nutrition in countries such as the US and Canada contributes to a considerably large market.

Moreover, factors such as the growing R&D investments and rising numbers of research institutions, including Independent Research Institutes (IRIs) and universities, support the market growth. Growing adoption of advanced technology positively contributes to regional market growth by improving manufacturing techniques. The North American Eye Care Supplements Market is expected to retain its leading position in the global market throughout the forecasted period (2019-2025).

Europe stands second in the global Eye Care Supplements Market. The market is driven by the rising numbers of glaucoma patients and the growing elderly population in the region. Additionally, factors such as the presence of prominent manufacturers and distributors and increasing emphasis on the diagnosis and treatment of eye diseases and eye disorders foster the regional market growth.

Moreover, the increasing expenditure on healthcare by major European countries also accelerates the growth of the market. Germany and the U.K. are major growth contributors to the European Eye Care Supplements Market.

The Eye Care Supplements Market in the Asia Pacific region is growing rapidly. Factors such as the increasing healthcare expenses and widening access through new distribution channels foster regional market growth. Also, increasing numbers of multinational companies seek opportunities in the region to expand their global footprints. This, as a result, boosts the market growth, increasing the production plants in the region.

Moreover, the growing aging population, rising health issues, and diabetes in rapidly growing countries such as Japan, China, India, South Korea, and Australia push the market demand. Also, the improving quality of life of demographics, alongside the influence of western culture, impacts the market growth. The APAC Eye Care Supplements Market is projected to create a substantial revenue pocket over the assessment period.

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Global Eye Care Supplements Market – Competitive Analysis

Highly competitive, the Eye Care Supplements Market appears fragmented due to the strong presence of many notable industry players. To gain a larger competitive share, market players incorporate strategic initiatives such as mergers and acquisitions, collaborations, expansion, and product/ technology launch. Manufacturers strive to discover and develop innovative products that can deliver more than just safe and effective results. Hence, they make substantial investments to drive R&D and their expansion plans. They are increasingly investing in companies in emerging economies for product development and manufacturing activities.

Major Players

Players leading the global Eye Care Supplements Market include Alcon, Bausch & Lomb Incorporated, Pfizer, Inc., Alliance Pharma PLC, Vitabiotics Ltd, NUSAPURE, Amway, EyeScience, Akorn Incorporated, and Nordic Naturals, among others.

Industry/ Innovation /Related News:

May 28, 2020 —- VitaHealth (Malaysia), a leading health supplements and nutritional products company, announced its plans to tap into growing demand among Singapore’s myopic population to push sales of its eye health supplements. VitaHealth sees growing opportunity with vision care supplements as screen time soars due to the COVID-19 pandemic that has increased screen use as more people work from home and join virtual meetings. VitaHealth Eye-Care is a herbal extracts blend providing zeaxanthin, lutein, anthocyanidinsn, and lycopene for overall eye health.

Growth of Surgical Equipment Market Projected to Amplify During 2017-2023

  Surgical Equipment Market have wide applications in distinctive surgical techniques, for example, neurosurgery, plastic and reconstructive surgeries, wound closure, urology, obstetrics and gynaecology, thoracic surgery, micro-vascular, cardiovascular, orthopaedic surgery, laparoscopy and others. The market is driven by increasing number of surgeries, & hospitals, increasing prevalence of different diseases and increasing geriatric population have boosted the market growth. Moreover, technological advancement, increasing number of ambulatory services and government initiatives have a synergistic effect on the market. However, high cost of the devices, shortage of skilled labour and strict regulatory policies are the major restraints for the market

 Global Surgical Equipment Market  - Competitive Analysis

Medtronic Plc. (U.S.), Stryker Corporation (U.S.), Johnsons & Johnsons (U.S.), Conmed Corporation (U.S.), Alcon Laboratories Inc. (U.S.), Smith & Nephew Plc (U.K), Zimmer Holdings Inc. (U.S.), Boston Scientific Corporation (U.S.), B. Braun Melsungen AG (Germany), KLS Martin Group (U.S.), Abbott Laboratories (U.S.), Olympus Corporation (Japan), Karl Storz GmbH & Co. Kg (Germany), Cook Medical (U.S.), and Teleflex Incorporated (U.S.) are some of the prominent players at the forefront of competition in the Global Surgical Equipment Market and are profiled in MRFR Analysis. 

The structure of surgical equipment devices is changing due to acquisition of local manufactures with multinational companies. Boston Scientific’s had acquired SciMed, Microvasive, Schneider and EP Technologies. Baxter acquired Edwards Division, IV Systems, Clintec and Hyland Division. Because of increasing competition in the market, multination companies are using strategy of acquisition, which has increased the profit of the company as well as significantly reduced the competition.

April, 2017 – Medtronic plc had announced results of the ENDURANCE Supplemental trial in a late-breaking clinical trial session of the 2017 International Society for Heart and Lung Transplantation (ISHLT) Scientific Meeting in San Diego. According to company reports, the study evaluated company's HVAD(TM) System as a long-term therapy for patients needing heart pumps (left ventricular assist devices, or LVAD) who received improved blood pressure management. Medtronic is among the world's largest medical technology, services and solutions companies. Medtronic employees more than 88,000 people worldwide, serving physicians, hospitals and patients in approximately 160 countries.

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Global Surgical Equipment Market - Regional Analysis

Depending on geographic region, surgical equipment market is segmented into four key regions: Americas, Europe, Asia Pacific, and Middle East & Africa. Americas is the largest market for surgical equipment owing to increasing prevalence of different diseases and increasing geriatric population. Moreover, technological innovation in manufacturing of surgical equipment also is also responsible for the growth of this market in the U.S. Large number of patients undergo different kind of surgeries contribute to an increase in the demand of surgical equipment in Americas. Laparoscopic surgeries are done on a large scale in South America favouring the growth of this market. Canada are focusing on exporting surgical equipment’s and surgical suturing material to countries worldwide, which is increasing market in this region. Furthermore, increasing number of hospitals and healthcare services, availability of raw material and better access to labour will fuel the growth of this market. Europe is second largest market due to increasing prevalence of different types of diseases especially cardiovascular disease are increasing continuously in the developed as well as developing countries due to diabetes, hyper tension and lifestyle habits like smoking, sedentary work and lack of exercise has increased the prevalence of disease. Moreover, increase in chronic diseases has led to increase in the number of surgeries and healthcare organization. European countries like U.K, Germany and France spend a lot on the manufacturing of medical and surgical devices. Asia pacific is fastest growing region during forecast period. China dominates the Asia Pacific surgical equipment market owing to the presence of huge geriatric population. India accounts for the second largest market, which is followed by Japan and Australia. Huge population base, rapidly changing economy, increasing prevalence of chronic diseases, increasing healthcare expenditure, and increasing number of companies have encouraged the market growth in India and China. Recent economic data suggests that China and Southeast Asia are poised to join the ranks of the high-growth Asian economies such as Korea and Taiwan. On the other hand, the Middle East & Africa have the least market share. Additionally, factors such as lack of awareness, low healthcare expenditures will restrain the market during the corresponding period.

Optic Nerve Glioma Market : Latest Innovations, Drivers and Industry Key Events 2018 – 2023

   Market Research Future has a half cooked research report on the global Optic Nerve Glioma Market.

Market Highlights

Optic nerve glioma or optic glioma or juvenile pilocytic astrocytoma is a type of brain tumour primarily affecting the optic nerve cells. Optic nerve gliomas are slow growing, rare and mostly found in children. Its occurrence in individuals over age 20 is quite rare and any other occurrence is associated with the genetic disorder neurofibromatosis type 1, or NF1 in approximately 30% of the cases. Symptoms of an optic nerve glioma are nausea and vision disturbances, vomiting, balance problems, involuntary eye movements, memory impairment, delay in growth etc. daytime sleepiness is also witnessed in a large number of patients. The pressure exerted by these tumours may cause secondary effects such as hormonal problems due to effects on the pituitary gland. Optic nerve gliomas comprise about 1% of all intracranial tumours. About 10% of optic nerve gliomas are located within an optic nerve, one third in both optic nerve and chiasm which is an area where the left and right optic nerves cross and approximately one third involve the chiasm itself. The remaining one fourth optic nerve gliomas are in the hypothalamus and approximately 5 .5% gliomas are multi-centric.

Product development and development of novel drugs is the most attractive strategy for the optic nerve glioma industry. As there is no effective treatment for malignant optic nerve gliomas, advent of any novel drug will have a remarkable effect on the existing treatment market. Any novel drug is expected to be a market leader with minimum marketing expenditure. The high development cost of novel anticancer drugs is a constraint on the market. Thus, pioneering in the drug development can pose to benefit the new entrants of the market.

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Global Optic Nerve Glioma Market Players

Key players profiled in the report are Emcure pharmaceuticals ltd., Sigma-Aldrich Co., ThermoFisher Scientific Inc., Pfizer Inc., Taj Pharmaceuticals Limited, Novartis International AG, Teva Pharmaceutical Industries Ltd, GE Healthcare, Siemens Healthcare, Philips Healthcare, Shimadzu Corporation, Toshiba Medical Systems Corporation and others and others.

Regional Analysis

The global optic nerve glioma market consists of four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa.

The Americas dominate this market, particularly North America due to high healthcare expenditure in the region.

Rising screening are major drivers for the growth of Europe optic nerve glioma market. Some other factors such as growing cancer research, advanced healthcare facilities, and adoption of new therapies are driving the growth for the market.

Asia Pacific is the fastest growing and high potential market for optic nerve glioma. This growth is majorly attributed to developing healthcare sector, changing healthcare practices, growing number of cases and rising demand from the countries like China..

The Middle East & Africa region is expected to have limited growth due to some factors such as traditional healthcare practices, limited access and availability of the products, poor public healthcare expenditure etc.

Taste the market data and market information presented through more than 50 market data tables and figures spread over 80 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Optic Nerve Glioma Market” Research Report – Forecast till 2023.

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Segmentation

The global optic nerve glioma market has been segmented on the basis of types, diagnosis, treatment and end users.

Based on types, the market has been segmented as malignant optic nerve glioma and benign optic nerve glioma.

Based on the diagnosis, the market has been segmented into neurological exam, Computed Tomography (CT), Magnetic Resonance Imaging (MRI), biopsy and others.

Based on the treatment, the market has been segmented into surgery, radiation therapy, chemotherapy and others.

Based on the end users, the market has been segmented as hospitals and clinics, diagnostic centers and others.

Drug Allergy Market Size Industry Analysis, Share, Growth, Trends and Forecast 2023

   Drug Allergy Market information: by type (immunologic, nonimmunologic, and others), diagnosis (skin tests, blood tests, and others), by treatment (antihistamines, corticosteroids, and others), by end user- global forecast till 2023

Overview:

Allergy is the sensitivity of immune system, which occurs when a foreign substance, harmless in nature react with the immune system. This substance is known as allergen. The common allergens are dust mist, pollen, mold, smoke and many more. According to the World Allergy Organization, approximately 30-40% of the global population is suffering from allergy. Many people are suffering from different types of allergy including seasonal allergy. Additionally, most of the people also suffer from drug allergy whose prevalence is found to be increasing across the globe. Treatment involves the use of antihistamines, corticosteroids, treatment of anaphylaxis, withdrawal of the drug, and others.

According to the American Academy of Allergy, Asthma & Immunology, about 5-10% of total American population is allergic to various medicines. Adverse reaction to various drugs or medicines is common in the U.S. population. Some of the common medicines such as penicillin, aspirin, non-steroidal anti-inflammatory medications, anticonvulsants, chemotherapy, and monoclonal antibody therapy are more likely to trigger an allergic reaction in the patients. Increasing investment for research and introduction of new treatments are leading the market growth in this region.

According to the European Academy of Allergy and Clinical Immunology (EAACI), around 2.6% hospitalization happens due to adverse drug effects while the prevalence of drug allergy in the hospitalized patients is around 10% in the Europe.

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Key Players in the Drug Allergy Market:

AstraZeneca (UK), Bayer (US), Circassia (US), HAL Allergy Group (the Netherlands), Johnson & Johnson Services, Inc. (US), MAGNA Pharmaceuticals, Inc. (US), Stallergenes Greer (UK), and others.

Key Developments:

Strategic approaches adopted help the major players in the market to sustain their growth and develop their business in various geographical areas across the globe. Agreements and collaborations, mergers and acquisitions, and new product launches are various strategies followed by the key players.

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AstraZeneca:

Founded in 1999, AstraZeneca is headquartered in Cambridge, England, is a multinational pharmaceutical and biopharmaceutical company. The company offers distinctive products in three major therapy areas that provide meaningful difference to patients includes oncology; cardiovascular and metabolic diseases; and respiratory, inflammation and autoimmunity.

• July, 2017: AstraZeneca and Merck & Co., Inc. entered a global strategic oncology collaboration to co-develop and co-commercialise AstraZeneca’s Lynparza (olaparib) for multiple cancer types. Lynparza is an innovative, first-in-class oral poly ADP ribose polymerase (PARP) inhibitor currently approved for BRCA-mutated ovarian cancer in multiple lines of treatment. The strategic collaboration is expected to further increase the number of treatment options available to patients.

Stallergenes Greer:

• October, 2017: Stallergenes Greer announced the acquisition of Medic Savoure Limited, a well-established allergy immunotherapy (AIT) leader in Canada. The acquisition strengthens local presence of Stallergenes Greer as well as accelerates the company’s growth in Canada. The acquisition is also expected to increase cash flow allergy business that bolsters Stallergenes Greer’s North American operations. The company focus on expanding its business in allergy immunotherapy.
• November, 2016: Stallergenes Greer announced a collaboration with the Sean N. Parker Center for Allergy and Asthma Research at Stanford University ("Stanford"). The main focu of collaboration is to identify potential biomarkers of Allergy Immunotherapy (AIT) efficacy. And to access the impact of peanut oral immunotherapy on biological parameters. The collaboration with the Sean N. Parker Centre for Allergy and Asthma Research at Stanford University will help to strengthen its research and development goals to determine new treatment of allergic patients.
• July, 2014: Stallergenes Greer announced the acquisition of the entire share capital of ALERGO PHARMA S.R.L., an Argentinean allergen immunotherapy (AIT) company. This acquisition focuses on combination of two complementary dedicated allergen immunotherapy companies, to widen the range of products for diagnosis and treatment of patients suffering from allergic respiratory diseases. This acquisition establishes Stallergenes Greer among the top allergen immunotherapy pharmaceutical companies in Latin America thus expanding the company’s geographical presence.

Research by Key Payers in the Market:

HAL Allergy Group:

HAL is one of the major companies in drug allergy market, head quartered at Leiden, Netherlands. In 1959, it was started as am small laboratory in the centre of Haarlem, the Netherlands. It products include allergy vaccines and diagnostic products.

• May, 2016: HAL Allergy had successfully completed a Phase I trial with its novel subcutaneous immunotherapy (SCIT) product for treatment of peanut allergy. The drug contains peanut allergens which was modified using proprietary technology to reduce their allergenicity.

Oxygen Therapy Device Market : Global Trends, Analysis and Forecast 2023

   Global Oxygen Therapy Device Market  - Overview

Oxygen management is consistently used on the majority of patients admitted the emergency room or ICU with respiratory distress. Symptoms for oxygen administration comprise of, hypoxemia, amplified working of breathing, and hemodynamic insufficiency. The overall goal of oxygen therapy administration is to sustain adequate tissue oxygenation while minimizing cardiopulmonary work. Signs of insufficient oxygenation include tachypnea, accessory muscle work, dyspnea, cyanosis, tachycardia and hypertension. Oxygen administration can also be utilized for chronic administration for patients with advance cardiopulmonary disease and this therapy can be administered during diagnostic assessment.

Presently, there are a wide array of oxygen delivery devices accessible to the respiratory therapist to utilize for oxygen administration. The choice of oxygen delivery devices depends on the patient’s oxygen requirement, effectiveness of the device, dependability, ease of therapeutic application and patient reception. Although design plays a significant role in selection of these devices, clinical assessment and performance eventually regulates how and which device should be selected for a particular patient.

Oxygen delivery devices ranges from a very simple and economical designs to more complex and costly. Oxygen percentage supply can be unreliable or precise depending on the type of administration device selected. Oxygen administration can be provided through low-flow or high-flow systems, with humidity or not, and with a reservoir or not. Observing and monitoring of oxygen delivery efficiency includes arterial blood gas analyses, oxygen saturation monitoring, and clinical assessment. Oxygen can be quantified as a toxic if percentages are delivered in levels which are greater than 60 percent and in the chronic carbon dioxide retention patient population it may diminish the ventilator drive and yield life threatening hypercarbia. It can also cause absorption atelectasis by washing out nitrogen gas when provided through high concentrations.

Furthermore oxygen delivery devices have traditionally been categorized into three basic types based on their design: low-flow, reservoir, and high-flow. Regarding the FiO2 range, oxygen systems can be divided into those indicated for low oxygen delivery (<35%), moderate oxygen delivery (35%-60%) or high oxygen delivery (>60%). Some particular devices can deliver a comprehensive range of oxygen percentages

Moreover oxygen therapy can help to reduce the symptoms of the COPD and hypoxaemia. Some of the COPD cases are responsible for the long term asthma. COPD is more common in men who are exposed to more tobacco and smoking and industrial fumes and pollution this is generally seen in higher income countries, women from lower-middle income countries suffers from the pollution made in kitchen by the burning of charcoal, fuel, gas leakage and others. Hypoxaemia is more common in children below the age group of five. It mainly comes from pneumonia, which contributes the more numbers of deaths. According to WHO, it is estimated that globally three million deaths occurred due to COPD in 2015. This is nearly 5% deaths occurred across the globe in 2015.

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Key Players:

There are various local and global players who manufacture devices for oxygen therapy. However we have profiled some of the major players which are Phillips healthcare, Devilbiss Healthcare, Cardinal Healthcare, Respironics, Salter Labs, Masimo Corporation, Carefusion, Teflex, Bio Med, Fisher & Paykel Healthcare Limited, Inogen, O2 Concepts, Smith medicals, Medtronic, 3B Medical, 3M Healthcare and many more.

Regional Analysis: Global Oxygen Therapy Device Market  

Depending on geographic region, Oxygen therapy device market is segmented into four key regions: Americas, Europe, Asia Pacific, and Rest of the world. Where America is the largest market for the oxygen therapy devices because of the various development in the home based therapy. Another reason is the lifestyle of the people in developed countries. Europe is the second largest region where the home based oxygen therapy are adopted. Asia-Pacific is the fastest growing region for the oxygen therapy device market. The major reason can be countries like China and India are changing their trends towards the healthcare and are adopting to the advanced technology in the healthcare industries.

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Further the oxygen therapy market is expected to be high in the Asia-Pacific region due to the increasing population, increasing number of the diseases due to the behavioural and lifestyle changes in the people. As well as the countries are spending more on the healthcare, which is leading to the adoption of the advanced technology.

 

Medical Devices Market: In-Depth Analysis on Market Dynamics, Segmentation & Emerging Growth Factors

   Medical Devices Market.

Market Brief

Market Research Future (MRFR), in its “Medical Devices Market” report, states that the market can value at USD 6170.72 Bn at 22% CAGR by 2025. In 2018, the global medical devices market was recorded at about USD 1533.97 Bn. The surge in the medical device market is likely, due to an increase in the need for medical devices. Medical devices are used to diagnose, prevent, and the prognosis of diseases. The growing utility of medical devices is expected to prompt the expansion of the global market. The availability of different types of medical devices from surgical equipment to wheelchairs can impel the expansion of the global medical devices market. Other driving factors of the worldwide medical devices market are an increase in patient pool afflicted with various malaises, the surge in cases of accidents, and hefty investment on R&D to develop effective medical solutions. The intervention of disruptive technology in the research and development field of the healthcare industry can bolster the expansion of the medical devices market growth. In addition, the growing prevalence of cardiac problems and the expansion of the geriatric populace promoting the need for medical devices can encourage their market growth. On the downside, expensive medical devices and other healthcare expenses can resist the growth of the medical devices market.

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Segmental Outline

The Global Medical Devices Market was studied based on Therapeutic Application, Product Type, and End Users.

By product type, the market segments are diagnostic devices, monitoring devices, surgical devices, drug delivery devices, treatment equipment, bio-implants and stimulation devices, and others. The monitoring devices segment comprises of neuromonitoring devices, cardiac monitoring devices, multi-parameter monitoring devices, respiratory monitoring devices, fetal and neonatal monitoring devices, hemodynamic monitoring devices, temperature monitoring devices, and weight monitoring devices. The diagnostic devices comprise imaging devices, endoscopes, surgical ENT devices, and others. The expansion of the medical devices market can be attributed to the expansion of the diagnostic devices segment.

By therapeutic application, the market segments are general surgery, gastrointestinal surgery, respiratory, diagnostic imaging, orthopedics, dental, cardiovascular, ophthalmology, neurology, nephrology, ear-nose-throat (ENT), and urology, and others. The increase in the population of chronic patients can prompt the expansion of the global medical devices market.

By the end-user, the medical devices market segments are diagnostic centers, hospitals & clinics, pharmaceutical companies, and research laboratories.

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Regional Outline

The worldwide medical devices market’s regional segments are Europe, the Americas, Asia Pacific, and the MEA. North America's medical devices market to lead in the global market. The regional market poised to value at a decent amount. Europe's medical device market is can touch a considerable valuation on the conclusion of the review period. Asia Pacific medical device market can thrive at a healthy CAGR across the assessment period. Japan and China are deploying advanced technologies for seamless operation of medical devices. The high concentration of reputed medical devices developers in Europe and North America and high export trading activities concerning medicine-centric gadgets can bolster the expansion of the medical devices market in these regions.

Key Players

GE Healthcare (US), Fresenius (Germany), Medtronic (Ireland), Johnson & Johnson (US), Stryker (US), Siemens (Germany), Abiomed Inc. (US), Abbott Laboratories (US), Boston Scientific Corp. (US), Accuray Inc. (US), Bio Rad Laboratories Inc. (US), Becton Dickinson (US), Biotelemetry Inc. (US), Baxter International Inc. (US), and Angiodynamics Inc. (US) are some reputed key players functioning in the worldwide medical devices market.

 

Middle East & Africa Paediatric Healthcare Market: Emerging Technologies, Competition & Strategies of Key Players, Regional Analysis and Forecast By 2023

  Market Research Future published a Half Cooked research report on “Middle East & Africa Paediatric Healthcare Market Research Report - Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Paediatric Healthcare-Overview

Paediatrics is a branch of medicine which deals with diagnosis and treatment of diseases related to paediatric group. It can be classified into the four categories namely neonates (from birth till the first 28 days of life), infants (29 days to 2 years), children (2 years to 12 years) and adolescents (12 years to 18 years). Paediatrician is a medical professional who specializes in providing treating the paediatric group. Paediatric medical devices are devices used for the treatment and care of infants and children below 18 years having some healthcare issues.

Demand for paediatric medical devices is increasing due to high incidence of chronic illnesses among children, high premature birth rate, increasing birth defects among new born, and rising awareness regarding disease conditions among children. Malnutrition among children prevalent in under developed parts of the world is also a major driver of this market. Global Paediatric medical device market is expected to grow at a CAGR of 10.5% during forecast period 2017 to 2023.

Key players in the Paediatric Healthcare:

Hoffmann-La Roche AG (Germany), Medtronic Plc. (U.S.), Bayer AG (Germany), Abbott (U.S.), I-SENS, Inc. (South Korea), Siemens (U.S.) and others. The main focus of these players is tapping the market in developing regions across the globe. Also product differentiation plays an important role for sustaining the growth of key players in the market.

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Key developments:

Hoffmann-La Roche AG:

• June, 2017: F. Hoffmann-La Roche AG acquired mySugr to form a leading platform for digital diabetes management
• August, 2015: F. Hoffmann-La Roche AG acquired GeneWEAVE to strengthen offerings in microbiology diagnostics. Roche will pay GeneWEAVE shareholders USD 190 million upfront and up to USD 235 million in contingent product related milestones
• February 2015 : F. Hoffmann-La Roche AG announced the collaboration with BioMed X for the development of Nanomaterial-Based Biosensors for Near-Patient Testing
• September 2014: F. Hoffmann-La Roche AG launched Elecsys anti-Müllerian Hormone (AMH) fertility test for assessment of ovarian reserve for pregnancy

Medtronic plc.:

• October, 2016: Medtronic plc received an approval for its suite of cardiac rhythm and heart failure devices and leads to be scanned in both 3 and 1.5 Tesla (T) magnetic resonance imaging (MRI) machines. This FDA approval will help the company to strengthen its position in MRI machines segment.
• December, 2015: Medtronic plc and Samsung came together in an alliance to accelerate the development of digital health solutions for the millions of people suffering from chronic pain, movement disorders, incontinence, and other conditions who could benefit from neuromodulation therapy.

Abbott:

• October, 2016 : Abbott announced collaborations with Celgene and Agios for diagnostic identification of IDH mutations. The agreement focuses on the development and commercialize the diagnostic tests.
• April, 2016: Abbott received FDA approval for its companion diagnostics “Vysis CLL FISH probe kit” in Leukemia. The kit is used to detect the 17p deletion in chronic lymphocytic leukemia patients, the target population of a new drug from AbbVie.

Siemens:

• September, 2016: Siemens launched the combination of the Modularis urological shock wave unit and the flat detector technology of the mobile C-arm Cios Fusion. Since, constantly switching between two or even three different control units would be complicated and could lead to errors, the Modularis' central control unit is a better option. This will help Siemens to strengthen its position in the market.

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Middle East & Africa Paediatric Healthcare Market-Regional Analysis:

Healthcare system in the Middle East & Africa has exhibited tremendously growth from last few years. In the Middle East, the market is expected to grow at a fastest rate owing to the development of healthcare system as well as rising important of diagnosis and treatment of diseases. Furthermore, increasing support by the government authorities for development of novel therapies also influences the growth of the market. In the Middle East & Africa, United Arab Emirates is the largest market for paediatric healthcare market. In Africa, there is tremendous demand for paediatric medical devices owing to an increasing health problems among the infants and children. There is wide scope of the growth of paediatric medical devices and nutritional products in number of under developed countries in African region. Number of government organisation are engaged in the evaluation of healthcare conditions in Africa as well as healthcare firms undertake products such as healthcare camps for women and children in this.

Middle East and Africa Colorectal Cancer Market Size, Share, Trends and New Technologies Research Forecast to 2023

 

Market Insights:

Market Research Future (MRFR)’s latest study projects that the Middle East and Africa Colorectal Cancer Market is set to expand, but at a slow pace, registering a CAGR of 1.8%. Rising burden of colorectal cancer is driving the growth of the market.

The markets in the Middle East such as the U.A.E, Saudi Arabia, etc. are expected to witness growth during the forecast period. The factors favoring the market expansion in the markets include developments in the healthcare sector, rising healthcare expenditure, adoption of latest technologies, etc. However, the African regions exhibit sluggish and limited growth due to lack of awareness, underdeveloped healthcare facilities, restricted technological penetration, etc.

Most of the regions in Middle East and Africa colorectal cancer market are not well-equipped to diagnose the disease. The initiatives undertaken by the national and international bodies to provide medical facilities in the underprivileged regions are likely to augur well for the Middle East and Africa colorectal cancer market players.

Market Segmentation:

By type, Middle East and Africa colorectal cancer market is segmented into Adenocarcinomas, Carcinoid tumors, Gastrointestinal stromal tumors (GISTs), Lymphomas, Sarcomas, and others.

By diagnosis, the colorectal cancer market has been segmented into Faecal Occult Blood Test, Colonoscopy, Virtual Colonoscopy, Stool DNA test, Digital Rectal Examination, Flexible Sigmoidoscopy, Biopsy, Magnetic resonance imaging (MRI), and Others.

By treatment type, the Middle East and Africa colorectal cancer market is segmented into Surgery, Radiation Therapy, Chemotherapy, targeted drug therapy, and others.

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Regional Analysis:

The U.A.E. is expected to lead the Middle East and Africa colorectal cancer market during the forecast period. The growth is attributable to the developed healthcare sector, increasing awareness about colorectal cancer, rising healthcare expenditure, etc. Saudi Arabia is likely to remain highly lucrative market over the next couple of years. The developments in the healthcare sector coupled with increasing investments are poised to have a positive influence on the proliferation of the Middle East and Africa colorectal cancer market. Meanwhile, Egypt is prognosticated to exhibit steady growth throughout the projection period. Rest of the regions in Middle East and Africa are forecasted to witness limited growth. The slow pace of growth in the region can be ascribed to the poor socio-economic condition, lack of awareness about colorectal cancer, limited technological penetration, underdeveloped healthcare sector, etc. However, the development initiatives undertaken by the United Nations and other similar bodies for uplifting the healthcare scenario in the region is estimated to have a positive impact on the colorectal cancer market growth in the region.

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Competitive Dashboard:

Some of the key players profiled in the report are F. Hoffmann-La Roche Ltd (Switzerland), Novartis AG(Switzerland), Abbott (US), Amgen Inc. (US), Beckman Coulter Inc. (US), AbbVie Inc. (US), Bayer AG (Germany), and Debiopharm Group (Switzerland).

Industry Developments:

In January 2018, Check-Cap, an Israeli firm, introduced a C-scan system which features a swallowable pill that has a positioning system, X-ray source, computing components, and a battery. This comes as a replacement of traditional invasive colonoscopies and has been cleared by European regulators via a CE Mark.

In February 2018, Israeli entrepreneurs launched ‘Belong’ which is a free patient navigation app for cancer patients. ‘Belong’ has partnerships with the American Cancer Society and Colorectal Cancer Canada (CCC).

Vaccine Adjuvants Market : Size, Share, Trends, Latest Innovations, Drivers and Industry Key Events 2018 – 2023

 Market Research Future has a half cooked research report on the global Vaccine Adjuvants Market.

Market Highlights

Adjuvant is a substance that enhance the immune responses against antigens. More than one adjuvant may be present in the final vaccine products. Aluminum salts, such as aluminum hydroxide, aluminum phosphate, and aluminum potassium sulfate are widely used as an adjuvant in the vaccines production. Increasing demand for adjuvants to enhance and extend immune response, and need for development of safe and non-toxic adjuvants will boost the growth of the market. Moreover, increasing use of synthetic vaccines and recombinant vaccines are also expected to drive the global vaccine adjuvants market over the forecast period. Moreover, increasing demand for improved and long-lasting vaccination against existing and emerging diseases and increasing vaccination programs by the government and research and development activities favor the growth of this market in this region. On the other hand, high toxicity of adjuvants, and high developing cost for a new vaccine adjuvants may hamper the growth of the market.

The global vaccine adjuvants market is expected to grow at a CAGR of 10.1% during the forecast period 2017-2023.

Taste the market data and market information presented through more than 105 market data tables and figures spread over 110 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “vaccine adjuvants market research report–Global forecast till 2023.”

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Major Players in Vaccine adjuvants Market

Some of the key players in the global market are VaxLiant LLC.(U.S),Vaxine Pty Ltd (Australia), Aphios Corporation (U.S), Viscogel AB (Sweden), Adjuvatis (France), Sergeant Adjuvants (U.S), Sigma-Aldrich Co. LLC.(India), CureVac AG (Germany), Brenntag Biosector (Denmark), CSL Limited (Australia), SEPPIC (Fracne), Agenus, Inc. (U.S), Novavax, Inc.(U.S), SPI Pharma, Inc.(U.S), Invivogen (U.S), Avanti Polar Lipids, Inc. (U.S), MPV Technologies (U.S), and OZ Biosciences (France).

Regional Analysis

The global vaccine adjuvants market consists of four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa.

The Americas dominates the global market due to major initiatives taken by the government for vaccination against many diseases as well as excellent management of public awareness programs. Europe is the second largest market owing to increased emphasis and availability of funds for research and development. The government is campaigning about vaccination and various preventive measures against infectious and non-infectious diseases. Recently, governments in developing countries of Asia Pacific have undertaken various vaccinations programs to the educate people. India is expected to be an emerging and the fastest growing market due to increasing focus on immunization programs by various government and NGOs. The market shows steady growth in the Middle East & Africa due to lower demand for vaccine adjuvants as compared to other regions across the globe.

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Segmentation

The global vaccine adjuvants are segmented by types, routes of administration, and end users. On the basis of types, it is segmented into pathogen components, particulate adjuvants, and others. On the basis of routes of administration, it is segmented into oral, intramuscular, subcutaneous, and intradermal. On the basis of end users, it is segmented into pediatric, adult.

 

Kinesio Tape Market Size : Industry Growth Factors, Applications, Growth Analysis, Key Players and Forecasts by 2022

  Kinesio Tape Market Analysis From 2019 To 2023 is latest report on "Kinesio Tape Market Information, by Type (roll form, precuts) by application (sports protection, medical rehabilitation) by End User (hospital, rehab center, athletes, and Others) - Forecast to 2022"

Middle East & Africa Kinesio Tape Market - Overview

Kinesio tape is a rehabilitative tape technique based on body’s own natural healing process. It provides support and stability to patient’s joints and muscles without hampering the blood circulation and range of organic motion of the body. The Middle East & Africa Kinesio tape market is expected to grow at a healthy CAGR of 6.6% during the forecast period 2017-2022.

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The kinesio tape industry is growing rapidly. The increasing demand for kinesio tapes and the rising awareness of the kinesiology techniques has boosted the revenue of this market. Furthermore Kinesiology tape is an easy method but it requires a little bit of knowledge about the anatomy and physiology of the human body. Conducting training programs and workshops about the use of the kinesiology tapes can create an awareness about the technique among common people. Increase in the awareness will lead to more number of people using the kinesiology tapes on the daily basis for various medical as well as athletic purposes. It will definitely cause a positive impact of the growth in the sales of the kinesiology products. Getting into a kinesiology tape manufacturing is relatively easy due to the lack of substantial copyright clauses. This creates great opportunities for new entrants in the business. The market is forecasted to demonstrate a steady growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period 2017 – 2022.

Middle East & Africa Kinesio Tape Market - Competitive Analysis

Atex Medical Co. Ltd., Changzhou DL Medical & Health Equipment Co. Ltd, FysioTape B.V., Kinesio USA (Kinesio Holding Corporation), KT Health (KT Tape), Mueller Sports Medicine Inc, Nitoms,Inc. (Nitto Denko Corporation), RockTape, and SpiderTech are some of the prominent players at the forefront of competition in the Middle East & Africa Kinesio tape Market and are profiled in MRFR Analysis. 

Characterized by the presence of several well-established and small players, the Middle East & Africa market of Kinesio tape appears to be highly competitive and fragmented. With well-established market in the North America region major companies have their home in the region and generate maximum market share. These companies have expanded their operating unit in various other emerging regions as well. Moreover the other small and medium scale players are generating revenue from local market.

Kinesiology tapes were developed by Dr. Kenzo Kase during his chiropractice in Japan. Dr. Kenzo Kase has formed a company named Kinesio USA. Kinesio tape technique has gradually spread since then all across the world. Many companies have studied the methodology behind the kinesiology tape and have come up with their modified products. Most of the companies operating in the Kinesiology tape market are privately held and dominate the regions where they are located. Few companies such as Kinesio USA (Kinesio Holding Corporation), RockTape have developed a strong distribution channel across other continents and they operate in multiple regions.

However, Kinesio tape techniques has received very limited if not no support from the governmental organizations. There can be many reasons for it, one being the skepticism of the scientists for the theory behind the kinesio tape technique. Scientists and medical experts have always been cynical about the effectiveness of the kinesio tape technique in pain management and medical rehabilitation purpose. Questions are raised about kinesio tape, whether it really is that effective or just a hype. On the other hand, private companies are continuously promoting the use of the kinesio tapes by applying different marketing strategies. Endorsement of the product by the famous sporting celebrities has definitely had a positive impact on the sale of the kinesio tapes all over the world. Overall Kinesio tape market is significantly dominated by the private companies taking approximately 90% share of the total market.

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Middle East & Africa Kinesio Tape Market - Regional Analysis

In 1994 and 1996, kinesio tape method was introduced in Asia and Europe respectively. Later, the kinesiology techniques spread gradually all over the world. In 2008, Most of the world observed the kinesiology tapes sported by some of the athletes in Olympics. The use in the Olympic event caused a surge in the interest of people in the kinesiology techniques and products. The products were commercialized, manufactured and sold by many companies to fulfill the sudden demand for the kinesio tapes.

In the Middle Eastern region, the use of the kinesiology tape is relatively low as compared to the other regions. Major application area of the kinesiology tapes in the Middle Eastern countries is medical rehabilitation. The use of the kinesio tapes for sports applications is limited in the Middle East region.

Table Of Content

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

5.1.2 Bargaining Power Of Buyers

5.1.3 Threat Of New Entrants

5.1.4 Threat Of Substitutes

5.1.5 Intensity Of Rivalry

5.2 Value Chain Analysis

5.3 Pricing Analysis

Chapter 6. Global Kinesio Tape Market, By Type 

To Be Continued..

List Of Table

TABLE 1 Middle East & Africa Kinesio Tape Market, By Type 

TABLE 2 Middle East & Africa Roll Form Kinesio Tape Market, By Country 

TABLE 3 Middle East & Africa Precuts Kinesio Tape Market, By Country 

TABLE 4 Middle East & Africa Kinesio Tape Market, By Application 

TABLE 5 Middle East & Africa Kinesio Tape Market For Sports Protection, By Country 

TABLE 6 Middle East & Africa Kinesio Tape Market For Medical Rehabilitation, By Country 

TABLE 7 Middle East & Africa Kinesio Tape Market, By End Users 

TABLE 8 Middle East & Africa Kinesio Tape Market For Hospitals, By Country 

TABLE 9 Middle East & Africa Kinesio Tape Market For Rehab Centers, By Country 

TABLE 10 Middle East & Africa Kinesio Tape Market For Professional Athletes, By Country 

TABLE 11 Global Kinesio Tape Market, 2013-2022

Hepatitis C Drugs Market : Opportunities, Demand and Forecasts, 2019 – 2022

  Market Analysis

The global Hepatitis C Drugs Market is projected to touch USD 22.7 billion at a notable 3.3% CAGR over the forecast period (2016-2022). Hepatitis is an inflammation in the liver that is characterized by yellow skin and eyes due to bilirubin and flu-like symptoms including vomiting, nausea, joint pain, poor appetite, clay colored stools and headache. There are various factors that can result in Hepatitis and this is inclusive of both microbial factors and non-microbial factors. Hepatitis C results from hepatitis C virus. A greater concern here is that about 15-20% of Hepatitis C patients that are chronically infected have a tendency to develop liver cancer or liver cirrhosis.

There are many factors that is driving the growth of the Hepatitis C drugs market. Some of these factors as per the Market Research Future (MRFR) report include disease prevalence, increase in government subsidy, increase in reimbursement particularly in the US, unsafe sex, drug abuse, greater screening in developing nations, various lifestyle-related factors, medical negligence including blood transfusion to newborn from infected mother, unsterilized equipment and sharing needles, new efficient therapies and growing investments on hospitals. On the contrary, factors such as the disease’s self-imitating nature in growing number of patients, availability of herbal treatment available at affordable prices in developing regions, threat associated to regulation as well creation of drugs, treatment cost, lack of information and awareness about HCV, and price war amid companies may hinder the growth of the Hepatitis C drugs market.

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Market Segmentation

Market Research Future report offers an all-inclusive segmental analysis of the Hepatitis C drugs market on the basis of medicine system, drug class, end user, and route of administration.

Based on medicine system, it is segmented into alternative medicine, allopathic medicine and others.

Based on drug class, the Hepatitis C drugs market is segmented into immuno-modulators, anti-viral drugs and others.

Based on end-user, it is segmented into private and hospitals. Of these, the hospital segment will dominate the Hepatitis C drugs market during the forecast period.

Based on route administration, the Hepatitis C drugs market is segmented into injectable, oral and others. Of these, the oral administration segment will rule the Hepatitis C drugs market during the forecast period.

Regional Analysis

Based on region, the Hepatitis C drugs market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Middle East and Africa. Of these, North America will account for the largest share in the Hepatitis C drugs market over the forecast period followed by Europe owing to widespread accessibility of advanced medication here. Drop in disease prevalence is likely to result in a stable market or a market reduced in size. In the emerging regions particularly India and China, the Hepatitis C drugs market will have promising growth prospects owing to prevalence of Hepatitis C in such regions and growing awareness concerning the prevention and treatment of this disease. The expanding healthcare sector in Singapore, Malaysia, Indonesia, Korea, Japan, China and India will remain vital for Hepatitis C drugs market during the forecast period.

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Competitive Analysis

The Hepatitis C drugs market is experiencing favorable growth due to various strategic implementations in the likes of acquisitions, collaborations, mergers and other methods. Some pharmaceutical companies especially in Latin America are joining hands with non-profit organizations for manufacturing and supplying affordable and new Hepatitis C drugs.

Key Players

Leading players profiled in the Hepatitis C drugs market include AbbVie Inc, Merck & Co. Inc., Novartis AG, F. Hoffmann-La Roche Ltd., Bristol-Myers Squibb, GSK, Johnson & Johnson, and Gilead Sciences Inc.

Feb 2019- Subscribing to the Netflix model to buy treatment for hepatitis C will lower patient cost in Australia by about 85%. The government is indeed working a way with a deal of 5 years where countless drug manufacturers had been paid about 766 million dollars for medicines.

February 2019- Federal court in Indiana will enable Medicaid recipients in receiving direct-acting antiviral drugs sooner.

Anatomic Pathology Market: Emerging Technologies, Competition & Strategies of Key Players, Regional Analysis and Forecast By 2022

 The global Anatomic Pathology Market is expected to reach a valuation of USD 22 billion by the end of 2022, according to the latest research report from Market Research Future (MRFR).

The report presents a detailed analysis of the global anatomic pathology market by providing readers with a comprehensive overview of the market’s historical trajectory. The leading drivers and restraints affecting the global anatomic pathology market are assessed in detail in the report. The historical impact of these drivers and restraints is analyzed in context of the current impact of these factors and projections are made for the likely impact of these drivers and restraints over the forecast period. Various components of the global anatomic pathology market are also studied in the report and projections are made for the growth trajectory of each distinct component from 2016 to 2022. The various segments and sub-segments within the global anatomic pathology market are studied in detail in the report. The study also makes a detailed analysis of the major players operating in the global anatomic pathology market and provides a detailed look at the various competitive strategies employed by players in the global anatomic pathology market. Likely future conditions with respect to the competitive landscape of the market are also explained in detail in the report.

Anatomic pathology differs from clinical pathology in the major point that clinical pathology relies on body fluids such as saliva or urine to diagnose diseases, whereas anatomic pathology relies on a direct study of the affected tissue or organ. The anatomic pathology methods can sometimes be more accurate than clinical pathology, due to the direct examination incorporated in the former. This has been the major driver for the global anatomical pathology market, as the demand for more accurate diagnostics has grown rapidly in the healthcare sector. Anatomic pathology also includes the study of tissue samples and biopsies.

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Competitive Analysis:

Leading players in the global anatomic pathology market include VolitionRx, Tecan, Sakura Finetek USA, RareCyte, Oxford Cancer Biomarkers, Omnyx, Nucleix, Monogram Biosciences, Janssen Diagnostic, Epic Sciences, Enzo Biochem, Digipath, Cancer Genetics, CellMax Life, Biocartis, Biocare Medical, AutoGenomics, Angsana Molecular & Diagnostics Laboratory, Agendia, Advanced Cell Diagnostics, AdnaGen, Abcam, Thermo Fisher Scientific, Roche Diagnostics, Danaher, Agilent Technologies, and Abbott Diagnostics.

Segmentation:

The global anatomic pathology market is segmented on the basis of type, application, and region.

On the basis of type, the global anatomic pathology market is segmented into instruments, consumables, and services.

By application, the global anatomic pathology market is segmented into disease diagnostics, drug development, and others. The disease diagnostics segment holds a dominant share in the global anatomic pathology market due to the widespread use of anatomic pathology for disease diagnostics. The disease diagnostics segment accounted for close to 60% of the global anatomic pathology market in 2015, and is likely to retain a similar level of dominance over the forecast period. The drug discovery segment accounted for a further 30% of the global anatomic pathology market.

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Regional Analysis:

North America is the largest regional market for anatomic pathology, with the presence of several leading players in the region driving the regional market to new highs in the last few years. The North America market is likely to retain its dominance in the global anatomic pathology market over the forecast period, followed by Europe and Asia Pacific. The presence of an advanced healthcare sector in North America is also likely to be a major driver for the anatomic pathology market in the region. The presence of sophisticated tissue sampling procedures in North America has led to a strong development of anatomic pathology market channels in the region. This is likely to be a major driver for the global anatomic pathology market over the forecast period.

Europe is the second largest regional market for anatomic pathology, with Asia Pacific following in third place. The Asia Pacific market is likely to be crucial for the global market over the forecast period due to the steady growth of the healthcare sector in countries such as Japan, South Korea, China, and Australia.

 

Microelectronic Medical Implants Market Overview, Dynamics, Supply & Demand, Analysis & Forecast by 2023

 The global Microelectronic Medical Implants Market is expected to grow at a CAGR of 9.1% over the forecast period of 2018-2022, reveals a research report published by Market Research Future (MRFR). The market has observed rapid growth on account of rising prevalence of cardiac disorders such as cardiac arrest, heart failure, artery diseases, stroke. Such cardiac diseases accelerate the demand for medical implants such as Pacemakers, Defibrillators, and Neurostimulators which positively impact the market growth. Growth in incidences of other chronic diseases such as epilepsy and Parkinson’s disease also add to market growth. The rise in the geriatric population who are more likely to acquire such diseases also propel the growth of the market. Increasing health awareness among people and willingness to spend on healthcare due rising disposable income has favored the growth of the market. Furthermore, approval of various medical devices by the FDA coupled with the innovation of microelectronic medical implants has also been a major driver of the market. Technological advancements in the manufacturing process of medical implants such as the use of nanotechnology and increasing innovation in capsule endoscopy have also augmented the growth of the market. Improvements have led to the development of novel smart implants which have the ability to transmit and capture data and can be equipped with sensors and cameras. Other driving factors include increased expenditure on medical facilities, rising government support and investment from crucial players on R&D activities which leads to innovation of novel products. Medical implants have brought about significant changes in the medical industry and have extended the ability of physicians to treat diseases. However, they are subject to scrutinization by the FDA. FDA imposes stringent regulations on approval of such devices which makes clearance a tedious and lengthy process and is a key hindrance to the growth of the market. Other restraining factors include high costs associated with them and failure of such medical implants.

 

 

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Segmentation

 

The global microelectronic medical implants market has been segmented based on product and application. By product, the market has been segmented into neurostimulators, drug infusion pumps, and others. By application, the market has been segmented into pacemakers, defibrillators, neurostimulators, spinal fusion stimulators, implantable drug pumps, hearing implants, eye implants, ocular implants and others.

 

Regional Analysis

 

The key markets of the global microelectronic medical implants market include North America, Europe, Asia Pacific and the Middle East & Africa. North America accounts for the largest share of the market owing to favorable government policies and growing incidences of cardiac diseases in the region and is expected to grow at a CAGR of 8.7% over the forecast period. Europe follows North America closely and is expected to grow at a CAGR of 8.9% over the forecast period. Asia Pacific is slated to emerge as the fastest growing market owing to the growing healthcare sector and increased medical expenditure in the region. Moreover, the region has a large patient pool which provides growth opportunities in the future.

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Competitive Landscape

 

The global microelectronic medical implants market is highly competitive and is characterized by the presence of many established players. The key players functioning in the market include Abiomed Inc, Cyberonics Inc., Medtronic Inc., Neuropace Inc., St. Jude Medical Inc., Biomet Inc., Envoy Medical, Microsemi Corporation., Retina Implant AG, Worldheart Corporation and others. The key players are implementing various strategies such as partnership, mergers, acquisition, product launches to sustain their position in the market.

Oligonucleotide Synthesis Market Size Overview, Opportunities, In-Depth Analysis and Forecasts 2022

 As per the reports released by the team of Market Research Future (MRFR), the global Oligonucleotide Synthesis Market is expected to grow significantly in the coming years. The market is projected to attain a compound annual growth rate of around 10.3% during the forecast period between 2016 and 2022. The report further identifies and highlights the various factors of growth, segmentations, and key players of the market to elucidate the overall potential that it holds in the forthcoming years of the forecast period.

The major factors identified as the positive drivers of the market are rising investment by the government for the research and development of genomic technologies, high rate of demand for innovation in the field of life science and medical academics, rapid-paced advancements in the healthcare sector, and increasing demand for oligonucleotide synthesis technologies by both public and private research firms. Moreover, an increasing number of applications of oligonucleotide synthesis in genetic testing, therapeutics, gene synthesis, diagnostic, research, library preparation, drug target screening, and others is further strengthening the growth of the global market.

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Market Segmentation

The global oligonucleotide synthesis market segmentation is done on the basis of application, product type, and end-users.

By application, the market includes drug target screening, library preparation, genetic testing, therapeutics, diagnostic, gene synthesis, research, and others. The Drug target screening segment holds the largest share due to the massive traction it receives from the pharmaceutical sector.

By end-users, the market includes diagnostic laboratories, academic research institutes, and pharmaceutical & biotechnology companies. Diagnostic laboratories segment is calculated to record massive growth during the forecast period.

By product type, the market includes reagents, synthesized oligonucleotides, and equipment. The synthesized oligonucleotides segment boasts an impressive hold over the global market.

Regional Analysis

The geographical segmentation of the global oligonucleotide synthesis market covers regions like Asia Pacific, Europe, North America, and the Middle East & Africa (MEA).

North America leads the global charts with the highest share of the market. The regional market is further expected to expand in the forthcoming years primarily due to the constant search for better treatments. The robust and developed healthcare structure and infrastructure of the research centers are indicative of the constant efforts put-in to fulfill this need. The region is also driven by the prevalence of chronic diseases like cancer and diabetes. Additionally, both government and private investors are providing constant funding to bring-forward innovation and development into the sector. This is also steering the market growth of North America forward.

Europe holds the second spot in the global market standings of oligonucleotide synthesis. The regional market herein is driven by the same intent as that of North America and is amply backed by government initiatives and research centers. The regional market is aided with investments from various pharmaceutical companies in order to understand the gene sequencing to develop improved drugs. The Asia Pacific region is anticipated to significantly rise in the forthcoming years as many of the leading players in the global market see the region as a massive scope of investment opportunity. Herein, infrastructural benefits and the pricing of resources are some of the most important factors that are stimulating a positive growth of the market.

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Competitive Landscape

The global oligonucleotide synthesis market includes a number of key players, including Bioautomation Corporation (U.S.), GE Healthcare (U.S.), Integrated DNA Technologies, Inc (U.S), Thermo Fisher Scientific Inc. (U.S.), Nitto Denko Avecia Inc. (Japan), Agilent Technologies Inc. (U.S.), L.G.C Biosearch Technologies (U.S.), Sigma-Aldrich Corporation (U.S.), Eurogentec S.A (Belgium), Eurofins Genomics (Germany), and others. The players in the market are coming-up with new solutions and services and are continuously striving for development.

December 2018, Creative Biogene, one of the trusted manufacturers and providers of proteomics and genomics products and services, announced the unveiling of a professional Oligonucleotide Synthesis Service. The service is launched to promote the development of oligonucleotide-based scientific research.

 

Microscopy Devices Market : Latest Innovations, Drivers and Industry Key Events 2018 – 2022

  Microscopy Devices Market to Garner USD 10.5 Billion by 2022 with Expansion in Semiconductor Industries Says Industry Giants - Meiji Techno, Olympus Corporation, Bruker, Nikon Metrology NV, Sonix, Inc. Etc.

APAC to Dominate Global Microscopy Devices Market by Forecast Period

Global Microscopy Devices Market Overview

Microscopy refers to the field of the utilization of microscopes to view and study various objects that are outside of the resolution range of a normal human eye. There are multiple fields of microscopy used for different purposes in the research and development processes in numerous relevant areas. Most well-known branches in microscopy are optical/light microscopy, electron microscopy, and scanning probe microscopy. Another popularly emerging field is the x-ray microscopy.

The Global Microscopy Devices Market is expected to ascend at a 7.8% CAGR through the forecast period. High growth in the microscopy market can be attributed to the mounting investments contributed to the life science research by the private as well as the public sector. Also, the expansion noticed in the semiconductor, nanotechnology, and other related branches in most developing nations across the globe are contributing heftily to the augmentation of the global microscopy devices market.

Furthermore, the snowballing number of research and development activities initiated by various schools, universities, governments, research institutes is likely to fuel sizeable growth microscopy devices market. Accelerating research and development activities in the healthcare sector are expected to push the demand for microscopy to new heights, promoting profitable growth.

Market Segmentation

The Global Microscopy Devices Market is studied for various segments to arrive at accurate results in the market research report. This segmentation has been carried out based on type, application, end-user, and region. Based on type, the global microscopy devices market is segmented into optical microscopes, electron microscope, and the scanning probe microscope. Based on application, the global microscopy devices market is segmented into life science, material science, pathology, and nanotechnology. By end-user, the global microscopy devices market is segmented into academic & research institutes, hospitals & clinics, and diagnostic centers.

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Detailed Regional Analysis

The Global Microscopy Devices Market is anticipated to record a market valuation of USD 10.5 billion by 2022. Regionally, the global microscopy devices market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Among these, the APAC region is expected to dictate the microscopy market through the review period. Such market domination can be owed to the rapid growth of the semiconductor industry in the region. Asia Pacific is anticipated to expand at a lucrative CAGR of 7.3% between 2016-2022. Additionally, proliferated research and development activities in the various relevant field of study are likely to promote sizeable ascension of the regional microscopy devices market.

North America is expected to follow Asia Pacific and hold the second largest share in the global microscopy devices market, ascending at an 11.5% CAGR over the review period. The regional microscopy devices market is mainly driven by the presence of many advanced healthcare institutes in North America that are pushing the demand for microscopy devices.

Europe is estimated to record substantial growth in the demand for microscopy devices through the assessment period. This growth is accredited to the rising investments in the development of advanced microscopy devices in the region. Further, the presence of various research institutions in the region, coupled with the active undertaking of research and development in the region is projected to contribute to the regional microscopy devices market growth by 2022.

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Key Players

Some of the prominent players present in the Global Microscopy Devices Market are profiled in the latest MRFR report, including

• Meiji Techno
• Olympus Corporation
• Bruker
• Mauna Kea Technologies SA
• Icon Analytical Equipment Pvt. Ltd
• Woodley Equipment Company Ltd
• Radical Scientific Equipments Pvt Ltd.
• Leica Microsystems
• Nikon Metrology NV
• Sonix, Inc.
• Konan Medical USA Inc.
• FEI
• Carl Zeiss
• NIDEK Inc.

Industry Update

December 2018:

Brookhaven National Lab invested in the housing of two new and advanced electron microscopes. These microscopes are capable of imaging biological structures with unmatched detail. The Transformative Investment Program by Empire State Development is funding this for USD 15 million.