healthcareguru: August 2021

Tuesday, August 31, 2021

Immune Thrombocytopenia (ITP) Market to Record Sturdy Growth by 2027

As per the latest report published by Market Research Future (MRFR), the Global Immune Thrombocytopenia (ITP) Market is set to surpass a valuation of USD 2,300 Mn by the year 2023, reflecting a healthy CAGR. ITP is a blood related disorder that cause abnormal clotting. Some of the discomforts caused by the disease include bruising, bleeding and severe drop in platelets counts. Both minors and adults can develop the condition. The disease is classified into primary and secondary form. Primary form of ITP occurs on its own while the latter is an offshoot of another condition. The condition can be triggered by reactive medications, autoimmune disease, pregnancy and certain type of cancers.

ITP is among the most commonly occurring disorder across the globe. In addition, the incidence rate has continued to spiral upwards in recent years. Factors as such as are fueling the demand for drugs and therapeutics for ITP. Currently, there are four treatment options available for ITP – intravenous immune globulin (IVIG), thrombopoietin receptor agonists, corticosteroids and immune-suppressing drugs. Though these treatment options have gained a healthy mileage, they come with certain degree of risk of side-effects. Nonetheless, increased focus towards innovation and RD is likely to create new avenues for market players in the foreseeable future.

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The report includes a thorough segmental analysis of the market on the basis of end-user, treatment, and type. By end-user, the market has been segmented into specialty centers, hospitals and clinics, research and academic institutes and others. Currently, the hospitals clinic segment accounts for more than one-third share of the market. During the forecast period, the segment is expected to record an impressive 6.22% CAGR. By treatment, the market has been segmented into thrombopoietin receptor agonists, corticosteroids, intravenous immunoglobulins and others. In terms of value, the corticosteroids segment currently commands for close to 40% market share and is projected to surge at a CAGR of 5.57%. Based on type, the market has been segmented into acute immune thrombocytopenia and chronic immune thrombocytopenia. The chronic immune thrombocytopenia segment currently accounts for over two-third market and is expected to highly profitable in 2018 and beyond. The segment is likely to reach a valuation of USD 2,036.9 Mn by the end of assessment period, exhibiting a CAGR of 5.94%. Approval of numerous targeted treatments coupled with the rising prevalence of ITP is proving the impetus on the segment’s growth.

The market has been covered across regions such as Europe, Americas, the Middle East Africa (MEA) and Asia Pacific (APAC). In 2017, the Americas segment accounted for the largest market share and trend is likely to continue beyond 2018. Some of the factors that are supporting the growth of the market in the region include rising prevalence of ITP in countries such as the US, Canada, Mexico and Brazil, high healthcare expenditure and favorable reimbursement policies. As per the National Organization of Rare Disorders (NORD), the incidence rate of Immune thrombocytopenia among Americans is 3.3 per 100,000 adults/year approx. Meanwhile, Europe and APAC currently hold the second and third spot respectively. Presence of advanced healthcare infrastructure and strong government support is supporting the growth of the market Europe. In Asia Pacific, the market has gained a healthy momentum in recent years owing to factors such as increase penetration of healthcare services, growing awareness and expanding patient pool. The market for ITP in APAC is expected to witness a strong growth over the next couple of years.

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Competition Tracking:

Key companies mentioned in MRFR’s report include Dova Pharmaceuticals, Jiangsu Hengrui Pharmaceutical Co., Ltd., Ligand Pharmaceuticals, Inc., Rigel Pharmaceuticals, Inc., Kyowa Hakko Kirin Co., Ltd., Amgen Inc., Shire, F.Hoffmann-La Roche Ltd., Shionogi Inc. CSL Limited, and Novartis AG.

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dental needle market size by Industry Insight Analysis, Segments, Top Key Players, Drivers and Trends to 2027

A dental needle has four components, namely, the bevel, shank, hub, syringe adapter, and the cartridge penetration end. With increasing demands for dentistry, the global Dental Needle Market is expected to showcase accelerated growth over the forecast period, as per the latest report launched by Market Research Future (MRFR). The global dental needle market is assessed to register a CAGR of 5.4% over the forecast period.

The global dental needle market is driven by various factors, apart from the growing demand for dentistry. Increasing prevalence of dental conditions such as caries, periodontal diseases, and a rising dental-healthcare expenditure is expected to promote sizeable growth in the global dental needle market. As per the American Dental Association, the US national dental expenditures went from USD 114 billion to USD 117.5 billion in 2015.

Further, mounting geriatric population is another factor fueling growth in the global dental needle market. WHO published a study that suggested the rise of the geriatric population to reach approximately 2.1 billion by the end of 2050. However, the global dental needle market is likely to face some hindrance in growth due to the introduction of needleless delivery systems and a high risk of infection from the use of dental needles.

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Market Segmentation

The global dental needle market is analyzed for various segments based on type, length, gauge, and end-user. Based on type, the global dental needle market is segmented into dental anesthetic needle, plastic hub dental needle, and by bevel design. The segment of bevel design is further sub-segmented into triple bevel needle, regular bevel needle, and scalpel-designed bevel needle.

Based on gauge, the global dental needle market is segmented into 25G, 27G, and 30G needle. Based on length, the global dental needle market is segmented into 8mm, 16mm, and 22mm needle. Based on end-users, the global dental needle market is segmented into academic institutes, clinics, and hospitals.

Detailed Regional Analysis

The global dental needle market is segmented by region into the Americas, Europe, Asia Pacific, and the Middle East Africa. The dental needle market in the Americas is expected to spearhead the global dental needle market over the forecast period. This can be attributed to a well-established dental-healthcare sector in the region. Further, a high per-capita healthcare expenditure noted in the region is boosting market growth for dental needles.

Europe is estimated to garner the second-largest share in the global dental needles market. Various factors are contributing to such fast-paced ascension of the dental needles market in the region. Higher investments for research, well-developed healthcare infrastructure, and a huge patient populace present in the region are accelerating the growth trajectory taken by the dental needle market in the region. Further, rising healthcare expenditure and growing government support for the research and development of the dentistry is expected to drive the regional dental needle market over the forecast period.

Asia Pacific is anticipated to register the fastest ascension in the global dental needle market. This can be owed to the existence of various emerging economies such as India and China in the region, which are witnessing higher healthcare expenditure in the coming years. Further, favorable government policies and an ascension noted in the geriatric population is expected to boost the market growth for dental needles owing to the magnanimous potential for expansion in the region. As per the Economic and Social Commission for Asia and the Pacific, around 12.4% of the population in the region was more than 60 years old, in 2016. This population is anticipated to touch 1.3 billion by the end of 2050.

The Middle East Africa is projected to fetch the smallest share of the global dental needle market during the conjecture period. This can be causative of the presence of underdeveloped countries, especially within Africa.

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Key Players

The global dental needle market has a boastful presence of many market giants, including Septodont (Europe), Shinhung Co., Ltd (Asia Pacific), Dentsply Sirona. (U.S.), NIPRO Medical Corporation (U.S.), MEDTRONIC (U.S.), TERUMO CORPORATION (Asia Pacific), J. MORITA CORP. (Asia Pacific), TSK Laboratory Europe B.V. (Asia Pacific), and EXELINT International, Co. (U.S.).

Industry News

Jan 2019: Terumo announced major expansion in the Canadian market. Terumo Medical opened its 58,000 square foot office, distribution, and warehouse facility. It started serving customers across Canada since January 1st, 2019.

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Rapid Sterility Testing Market : Key Players, Growth, Analysis by 2019 – 2027

The global Rapid Sterility Testing Market Analysis is anticipated to have held a market value of USD 158 million in the year 2017 and is expected to grow at a CAGR of 13.4% during the forecast period. Rapid sterility testing used to detect microbial contamination in given biologic sample. It is an alternative method for sterility testing.

Increasing RD expense and new product launches are expected to drive the growth of the market. According to the Center for Drug Evaluation and Research, in 2017, about 46 novel drug approvals were the 22 novel drug approval in 2016. On the other hand, the availability of the alternative traditional method can restrain the market growth over the assessment period.

Regional Analysis

Geographically, the Americas is expected to dominate the global market owing to the presence of well-established players and growth in pharmaceutical and medical device companies. Europe is expected to hold the second largest position in the global market. Asia-Pacific is expected to be the fastest growing market owing to the increasing adoption of the technologies. Furthermore, the Middle Eastern and African region is expected to account for the least market share in the global market.

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Segmentation

The global rapid sterility testing market has been segmented into product, technology, and application.

Based on product, the market is segmented into kits reagents, instruments, and services. The kits reagents segment is expected to account for the largest share and fastest growing segment of the global market in 2017.

Based on technology, the market is segmented into membrane filtration, ATP bioluminescence, and others. The ATP bioluminescence segment is expected to account for the largest share segment of the global market in 2017.

Based on application, has been segmented into pharmaceutical and biological manufacturing, medical device manufacturing, other end users.

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Key Players

Some of the prominent players in the global rapid sterility testing market are Charles River Laboratories, Inc. (US), Gibraltar Laboratories (US), Merck KGaA (Germany), Rapid Micro Biosystems, Inc. (US), bioMérieux (France), Eurofins Scientific (Luxembourg), Becton, Dickinson and Company (US), FOCUS Laboratories (US), Sartorius AG (Germany), and Thermo Fisher Scientific (US).

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Advanced Baby Monitors Market Historical, Current and Projected Market Size, Competitive landscape & Forecast 2027

Market Scope

MRFR (Market Research Future) expects the Advanced Baby Monitors Market to capture a decent CAGR of 9.20% between 2020 and 2027 (evaluation period). It is also likely that the global market will touch close to USD 1880.57 million by 2027-end.

Major Drivers and Deterrents

Escalating number of nuclear families as well as working parents has been a major reason behind the rising sales of advanced baby monitors worldwide. Rapid surge in birth rates across Sweden, Russia, U.K., Spain, and Czech Republic also enhance the size of the global market. Advanced baby monitors help parents keep a tab on every activity of the baby, therefore, the soaring awareness about child safety encourages the preference for these products. Working mothers have risen in number, particularly in the U.S., Canada, and China, which is yet another growth rendering factor.

Technological advances backed by the extensive utilization of IoT (Internet of things) has boosted the appeal of advanced baby monitors across developed and developing nations alike. Features such as ease of installation, WLAN connection and portability are drawing the attention of consumers. This has prompted to vendors to adopt product customization as an effective method to widen their consumer base.

Firms with robust infrastructure and keen interest in exhaustive RD are striving to bolster their footprint in the global market. As a result, regional companies are experiencing intense competition from these players, in terms of technology, price and reliability. The market’s competitive landscape shall remain fierce with players constantly trying to foster their service and product offerings via joint ventures, mergers, acquisition, and technical innovations.

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Segmental Analysis

Product and end-user are the top segments considered in the MRFR study of the global advanced baby monitors market.

Products analyzed in the MRFR report are wearable and stationary. The wearable technology has been garnering massive traction worldwide and is widely preferred over stationary products. Wearable baby monitors are portable, can be remotely used and the user wearing the product can constantly keep a tab on the baby.

End-users in the global industry are day care as well as home care. The homecare segment should procure the highest position in the global market, on account of the mounting demand for advanced baby monitors in these settings and the rising use among parents working from home.

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Regional Study

The advanced baby monitors industry can be regionally divided into Asia Pacific/APAC, Europe, North America, along with RoW/the rest of the world.

North America is all set to take the lead in the global market during the analysis period and will witness commendable growth thanks to the high popularity of online platforms in the United States. Easy availability of the advanced baby monitors, particularly in specialized as well as online stores in Canada will also favor the regional market in the following years. Moreover, the expanding population of smartphone users that are generally time pressed due to hectic schedules should also benefit the North American market.

The Asia Pacific market is touted to experience the fastest growth over the coming years, as the sales of advanced baby monitors have been shooting up among the expanding urban population. Enhanced purchasing capacity of people in emerging countries like Thailand, China and India is letting parents expend more on their babies’ safety. Growth of the e-commerce sector has been favorable as well, as online platforms offer ranges of easily accessible products along with discounts. High birth rate across the region also raises the need for advanced products like baby monitors. In addition to this, surge in dual working families coupled with the soaring number of employment rate, especially among women, will favor the advanced baby monitors industry in the ensuing period.

Reputed Firms

Summer Infant, Inc. (U.S.), Safety 1st (U.S.), Mayborn Group (U.K.), Lorex Technology Inc. (Canada), Samsung Electronics Co. Ltd. (South Korea), The First Years, Inc. (U.S.), Snuza International (South Africa), Owlet Baby Care (U.S.), Graco Children’s Products, Inc. (U.S.), Angelcare (Canada), Koninklijke Philips N.V. (Netherlands), MonDevices (U.S.), MOTOROLA HOME (U.S.), are the strong players in the global market for advanced baby monitors.

Recent Developments

February 2021

Vacos has introduced its first ever hackproof Baby Monitor, which is touted as a significant offering for its customers as it provides a smart and remote way to keep a tab on their baby. The monitor consists of a sensitive tail line that senses any change in the room temperature and notifies the parents right away. The advanced baby monitor also has a built-in microphone that detects even a slight noise to alert the parent. Apart from this, parents have the option of playing lullabies to their baby using the LCD monitor from a remote location and can also talk using the two-way audio feature. The 5” LCD baby monitor is compatible with at least 4 security cameras and enables the parents to check several rooms simultaneously, such as the playroom, the baby’s room, nursery, living room, etc

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Diabetes Drugs Market Size, Share, Historical Growth, Analysis, Development Status, Opportunities and Forecast To 2027

Segmental Analysis

The segmentation of the Diabetes Drugs Market is carried out on the basis of sample type, end-user, components, and region. The sample segment of the diabetes monitor market consists of sweat samples, urine samples, and blood samples. The component segment of the diabetes monitor market consists of glucose test strips, lancet, and sensors. The end-user segment of the diabetes monitor market consists of hospitals, diagnostic clinics, and homes. The type segment of the diabetes monitor market consists of continuous glucose monitors, point sample test-based glucose monitors, and enzyme-free sensor-based glucose monitors. The region segment of the diabetes monitor market consists of the Asia Pacific, Americas, Europe, and other crucial regions.

Market Highlights

Diabetes is one of the major problem across the globe. Diabetes is the metabolic disorder in which there is decrease in the level of insulin which ultimately causes increase in the blood sugar level. Global diabetic drug market is driven because of increasing diabetic population. Beside this governmental initiatives for research and development and rising demand for the better treatment has help in the growth of the market. Lack of awareness and high cost of drugs may responsible for restraining the market.

The major key player for the global diabetic drugs market are Eli Lilly (US), Novo Nordisk (Denmark), Abbott (US), AstraZeneca (UK), Biocon (US), Sunpharma (India), Sanofi (France), Novartis (Switzerland), Merck Co. (US), Pfizer (US), Daiichi Sankyo (Japan), Boehringer Ingelheim (Germany), Akros Pharma (US), Amgen (US), Adocia (France), Peptron (South Korea), Takeda (Japan)

Increasing diabetic population is fueling the growth of the market. Global diabetic drug market is highly competitive market due to presence of many of small and medium companies. Companies are concentrating on introduction of the new drugs having better results.

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Eli Lilly and Company is an US headquartered pharmaceutical companies. Many anti diabetic drugs are available in the market Basaglar, Glucagon, Glyxambi, Humalog, Humulin and Trulicity are some of the major products of this company. Trulicity is one of the most successful product of the company. Trulicity revenue in 2016 was increased by 7 %. In 2016, Synjardy has approved by FDA for the treatment of type 2 diabetes.

Novartis is a multinational pharmaceutical company headquartered in Denmark. Victoza, Tresiba, Levemir and NovoLog are some of the major products of the company. Company has recently launched Fiasp which is a fast acting insulin. In Q1 2017 the total sale of company for Diabetes and obesity care was 23,761 million Danish kroner.

Abbott Laboratories is one of the leading pharmaceutical company headquartered in US. Thyrocab, Mixtard and Human Actrapid are the major products of the company used in the treatment of type-2 diabetes. Mixtard an antidiabetic drug is the most selling drug in India.

AstraZeneca is the Swedish multinational pharmaceutical company headquartered in UK. Farxiga and Augmentin are the important productof the company. The companies diabetic product sale in 2016 was $ 2.4 billion which was increased by 11 % compare to 2015. Farxiga’s sale was increased by 72 % and on 2016 it hit 5 million.

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Segmentation:

Global diabetic drug treatment is segmented on the basis of type of diabetes into type-1 and type-2. On the basis of route of administration they are segmented into oral, intravenous and other. On the basis of drug class they are insulin, sensitizers, SGLT-2 inhibitors, alpha-glucosidase inhibitors, secretagogues, peptide analogs and others and on the basis of end users they are segmented into hospital, retail pharmacy and other.

On the basis of drug class, Sensitizers are sub segmented into thiazolidinediones and biguanides. Secretagogues are further sub segmented into sulfonylureas and non-sulfonylureas

The important contenders in the diabetes monitor market are Panasonic, Dexcom, Inc., F. Hoffmann-La Roche Ltd, Abbott Laboratories, Medtronic, LifeScan, Inc., and Sanofi.

Industry Updates:

June 2021 Dexcom, Inc., a frontrunner in real-time continuous glucose monitoring (CGM), declared that individuals with diabetes under the age of 18 residing in Saskatchewan may now obtain provincial handling for the Dexcom G6 CGM System through Saskatchewan Health. This coverage development is in line with Dexcom’s undertaking to make it simpler for people living with diabetes to feel the benefits of using a CGM system for managing their diabetes.

May 2021 Medtronic has been on an assignment to make diabetes management hassle-free. The newest push toward this objective arrives through two new European endorsements for Medtronic’s suite of diabetes management and monitoring devices. The first of these CE marks permits for prolonged functionality of the InPen, a linked insulin pen designed for users needing many daily injections. The “smart” Bluetooth-enabled pen, which has earlier been approved in both Europe and the U.S., is the first of its kind to fit in with continuous glucose monitoring technology, permitting users to instantaneously track glucose analyses and insulin dose data through the matching connected app.

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sepsis diagnostics market to Witness Exponential Growth by 2027

Sepsis Diagnostics Market -Overview

The improved medical treatment potential globally is estimated to enhance the sepsis diagnostics market in the coming period. The market’s report is efficiently analyzed as per MRFR, which provides outlooks for the global markets. By 2022, the market is estimated to garner USD 710 million while growing with an 8% CAGR.

The improved implementation of medical treatment procedures is estimated to create a capacity for the sepsis diagnostics market share expansion in the coming period. The improved diagnostic tools are further estimated to transform the sepsis diagnostics market companies in the approaching period.

Segmental Analysis

The segmental examination of the sepsis diagnostics market has been conducted on the basis of product type, technology, end-user, and region. The technology segment of the sepsis diagnostic market consists of biomarkers, immunoassays, and molecular diagnostics. The regions segment of the sepsis diagnostic market consists of Europe, Asia Pacific, Middle East, the Americas, and Africa. The type of product segment of the sepsis diagnostic market consists of instruments, blood culture media, and kits. The end users’ segment of the sepsis diagnostic market consists of hospitals, pathology laboratories, specialty clinics, and diagnostic centers.

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Regional Overview

The regional assessment of the sepsis diagnostic market includes regions such as Europe, Asia Pacific, Middle East, the Americas, and Africa. The North American region is the major regional market for medical tourism, which is anticipated to stimulate the expansion of the sepsis market in the region throughout the forecast period. The North American market for sepsis diagnostics is predicted to accomplish USD 320 million by the conclusion of the assessment period. The European region is the next leading market for sepsis diagnostics which is predicted to progress at a CAGR of 6.8% in the upcoming period. The innovations being achieved in advancing treatment options are precited to create options for the sepsis diagnostic market players in the upcoming period. While the Asia Pacific region is estimated to be the most quickly increasing region in the sepsis diagnostics market. The presence of robust infrastructure is assessed to spur the expansion of the Asia pacific regional market in the impending period.

Competitive Analysis

The capitalization by market companies to establish robust e-commerce and retail channels is projected to motivate the development of the market. The market is likely to be lifted by the reformative trends that are shaping the global market. The development of robust delivery chains is predicted to enhance the pace of progress in the upcoming months. The financial stimulus being provided by many government bodies to regenerate their national markets is estimated to spur the global progress rate. The agreement of various international trade deals is estimated to further foster the expansion of the market. The improvement in the rate of innovation is estimated to further open up new aspects of the market. The engagement of technology and strategy-based approach is likely to ensure better chances for success in the future. The increased emphasis on high-revenue decision-making in the market is estimated to prompt its quicker return to normalcy in the coming months.

The renowned companies in the sepsis diagnostic market are Axis-Shield Diagnostics Ltd. (Scotland), EKF Diagnostics (UK), Immunexpress (US), T2 Biosystems, Inc. (US), Becton, Dickinson, and Company (US), bioMérieux, Inc. (US), Cube Dx GmbH (Austria), and Sandstone Diagnostics, Inc. (US).

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Industry Updates:

June 2021 Cytovale, a diagnostic test developer, recently took a step nearer to its objective of commercializing a host-response assessment that has the ability to provide a review for the risk of sepsis in 10 minutes. The partnership and its clinical researchers have just kicked off a 600 patient, a multisite clinical test to evaluate the implementation and clinical utility of a high-speed imaging platform, named IntelliSep, and set the platform for a submission to get regulatory clearance from the US Food and Drug Administration.

June 2021 To progress detection and handling of sepsis, Combating Antibiotic-Resistant Bacteria Biopharmaceutical Accelerator (CARB-X), an international nonprofit devoted to antibacterial research and expansion, is partnering up with Baebies to fund the expansion of a rapid diagnostic podium for neonatal sepsis. CARB-X is giving Baebies an initial USD 3.9 million for the venture.

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Renal Dialysis Market : Recent Industry Trends, Analysis and Forecast 2027

Overview:

Renal dialysis is a process that work as an alternative for affected kidney. The process maintains a semblance in the body by ensuring proper disposal of waste, salt, and excess water from the body. This is necessary to keep a safe level of various chemicals like potassium, sodium and bicarbonate in the blood flow. The global Renal Dialysis Market is all set to surpass USD 26.6 billion valuation with a CAGR of 7.1% over the forecast period of 2017 to 2023. Market Research Future (MRFR) has a report on the market that claims factors of the market would trigger ample growth for the market.

Factors impacting the global renal dialysis market includes hike in elderly population due to better treatment facilities, robust expenditure that the research development sector is receiving, better probability of expansion with the hike in the healthcare sector investment. Transforming reimbursement policies to suit specific needs of patients can also improve market growth.

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Segmentation:

Market Research Future report on the renal dialysis market provides a comprehensive study of the renal dialysis market by setting a premise on the basis of types, product and end user. This segmentation has its focus on various factors that can impact the market in the coming years.

By type, the renal dialysis market comprises primary and secondary dialysis. Primary dialysis study encompasses hemofiltration, peritoneal dialysis, and hemodialysis. Secondary dialysis includes intestinal dialysis and hemodiafiltration.

By product, the renal dialysis market covers peritoneal dialysis products and hemodialysis products. The market is gaining ground by launching several new products in the hemodialysis products segment. The segment is expected to grab a higher market share in the foreseeable future.

Based on the end user, the renal dialysis market centers around home care and hospital care. It often becomes impossible to move patients much and sometimes, patients prefer home care for various reasons owing to which the home care has the advantage in better permeation.

Regional Analysis:

On a region-specific scale MRFR studied the global renal dialysis market by integrating regions like North America, Europe, Asia Pacific (APAC), and Middle East Africa (MEA). The study has substantial scope to unravel region-specific details and optimize potential as per the demand.

North America has better market reach and the region is finding superlative growth due to substantial inclusion of technologies and high expenditure capacity. The infrastructure of the regional healthcare sector is quite robust and is getting ample support from governments. The US and Canada are acting like crucial influencers.

Europe and Asia Pacific are also witnessing hike in the market revenue but the APAC market would achieve better market rate due to high impact from its massive population. The number of people suffering from kidney-related diseases is quite high. The MEA market would record a steady growth in the coming years owing to lack of takers in the African region. It would profit more from the Middle East part.

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Competitive Landscape:

A lot of companies are taking a substantial interest in the global renal dialysis market that can favor the holistic market growth. The process involves a lot of impact on the strategic moves that considers merger, acquisition, branding, marketing, and other aspects. MRFR acknowledged contributions made by these companies and have profiled them for the better understanding of the market growth. These companies are Fresenius Medical Care (German), Baxter International Inc. (US), B.Braun Melsungen AG (Germany), DaVita Healthcare Partners Inc. (US), Nipro diagnostic Inc. (US), Medical Care AG Co., Gambro AB (Sweden), KGaA (Germany), Diaverum Deutschland GmbH (Germany), Nikkiso Co. Ltd. (Japan), Covidien (Ireland), NxStage Medical, Inc. (U.S.), Asahi Kasei Corporation (Japan), and others.

In September 2019, Medtronic announced that their product IN.PACT Admiral DCB is showing favorable results in patients suffering from end-stage renal disease and who are having dialysis. Such a positive result would help it achieve FDA clearance

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Foley Catheters Market Overview, Dynamics, Growth Factors for Business Expansion, Key Companies, Trends and Forecast 2027

Global Foley catheters Market – OverviewThe global Foley Catheters Market is showing the significant growth; mainly due to increase in patient population suffering with Urinary tract infection, kidney and other renal diseases. Also increasing in aging population is one of the major factor for the growth of Foley catheters market. According to National Kidney foundation, 10% of world’s total population was affected by chronic kidney disease in 2015. Foley catheters are consider very useful in treatment management of acute urinary retention and chronic urinary retention. According to American Society of Nephrology, around 26 million Americans are suffering from chronic kidney disease.

Foley catheter mostly used when the patient have infection, swollen prostate or bladder stones for drain urine from the bladder. It is a hollow and flexible urinary drainage tube that passes through the urethra and urinary bladder to drain urine. It is the most common type of urinary catheters. It is designed with the purpose to left in place for short or long periods of time. Catheter are necessary till the time patient suffering with infection, swollen prostate or bladder stones not able to urinate on own. According to National Kidney Foundation, Inc., one in five women may suffer from urinary tract infections at list once in a lifetime. In 2015, it is estimated that around 150 million urinary tract infection occurs annually on a global basis. Report suggest that prevalence of urinary tract diseases is more in females in compare to males, 40% to 50% of whom will suffer at least one clinical episode during their lifetime. Besides this increasing prevalence of bladder cancer is also has a synergistic impact on the growth of the market.

Braun Melsungen AG (Germany), Coloplast Ltd (Denmark), Cook (US), Teleflex (US), Medline Industries, Inc. (US), and Medtronic (Republic of Ireland), C. R. Bard, Inc. (U.S.) are some of the leading players at the cutting edge of the competition in the market of foley catheters drug, globally.

Companies are showing much interest toward the market of involuntary urination, as they feels there are huge opportunity and gap between the market demand and supply of effective treatments. Thus, companies are showing more interest in merger and acquisition activities for introducing quality product that meet the requirement of market. The development has been made by B. Braun Melsungen AG in 2016, they collaborate with Omnicell’s Performance Center and IV Automation Technology to increase system interoperability and to help reducing the time and clinical support needed to manage IV Infusions and IV compounding. Also in 2016, company launched the Only Macro and Micro Compounder with 26-lead preassembled sets the APEX Compounding System. It is the newest addition to B. Braun’s Clinical Nutrition 360 offering, which is a comprehensive approach to meeting the individualized clinical needs of patients and customers.

In 2015, C R Bard Inc. agrees to acquire Liberator Medical and has entered into a definitive agreement to acquire Liberator Medical Holdings Inc. by this acquisition C R Bard Inc. will improve its product portfolio as liberator medical has a strong list of products thus further improving its quality of products globally.

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Global Foley catheters Market – Regional Analysis

The market of foley catheters is much higher in the Americas region. There are huge population suffering with various urologic diseases. According to Urology Care Foundation, in 2015, quarter to a third of men and women in the United States were suffering from involuntary urination. Millions of the Americans are facing the problems of involuntary urination and about 33 million have overactive bladder representing symptoms of urgency, frequency and with or without urge incontinence.

Europe is also consider huge market for foley catheters players, owing to increasing number of hospitalized patients due to various medical complications. According to last statistics published by EUROPA in 2014, an average duration of hospital stay in the European country is 5.2 days to 10.5 days.

Asia Pacific and the Middle East and Africa region are considering the big market. Whereas country like India and china of Asia Pacific region are considering fastest growing region due to presence of huge population suffering with urologic diseases, additionally they are open to adopt new technology, and best treatment option from developed, this gap between the developed and developing countries will present significant growth opportunity for the foley catheters market players in the coming years. Whereas the Middle East and Africa are low market due to his incapability of investment.

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Eye Care Supplements Market Analysis, Market Size, Share, Trends, Status, Competition & Companies, Growth Opportunities, Top Key Players and Forecast by 2027

Market Scope

Market Research Future (MRFR) studied the global Eye Care Supplements Market 2021 for the assessment period till 2023. As per MRFR study, the global eye care supplement market is expected to rise at a 10.8% CAGR over the review tenure. By 2023, the global eye care supplement market value can churn-up decent revenue.

Drivers and Restrains Impacting Eye Care Supplements Market

Eye care supplements contain vitamins and other nutrients beneficial for maintaining ocular health and good vision. These products improve eye health and are used in treating disease, such as; diabetic retinopathy, cataracts, and glaucoma. Several people face problem due to poor vision and the dietary products extracted are primarily used in the improvement of vision. These dietary products can be derived from both synthetic and natural sources, such as; plants. Omega fatty acids and antioxidant are some widely used eye care supplements.

The global market of eye care supplements is expected to rise at an exponential rate due to the increasing prevalence of eye diseases induced by chronic ailments, such as, diabetes. Furthermore, the rise in demand for eye care solutions across the globe are opening great opportunities to market players as they use strategic approaches for geographical expansion.

On the contrary, high price of eye care supplements can restrain the rise of the market in developing economies. The World Health Organization (WHO) suggests that more than 285 Mn are likely to be visually impaired in the years ahead, thus boosting sales of eye care supplements in the near future and countering the current slow-down.

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Segment Assessment of Eye Care Supplement Market

The global eye care supplement market’s segment assessment is based on type, end user, and application.

The type-based segments of the eye care supplement market are Fatty acids, Antioxidant, neuro-protective supplements, and anti-inflammatory supplements among others. The antioxidant segment is studied for water-soluble antioxidants that includes astaxanthin, zeaxanthin, lutein, and fat-soluble antioxidants, such as; astaxanthin. The segment of fatty acids segment studies gamma-linolenic acid and omega-6. The anti-inflammatory supplements segment analyses docosahexaenoic acid (DHA). The segment of neuro-protective assesses eicosapentaenoic acid (EPA).

The application-based segments of the eye care supplement market are eye health, cataract, macular degeneration, glaucoma, and Diabetic retinopathy among others. The retinopathy segment can thrive by 2023.

The end user-based segments of the eye care supplement market are eye clinics, and eye hospitals among others. The segment of eye clinics are churn-up high profits owing the increase in count of such clinics are rise in number of visits to such clinics.

Regional Analysis of Global Eye Care Supplements Market

North America is gaining reputation as the largest eye care supplements market that can hold decent share of the global market due to the rise in demand for eye care supplements. The growing prevalence of vision impairment and related problems among people in the people in the US can favor the market expansion. The Center of Disease Control and Prevention states that nearly 14 million Americans with age range from 12 years and above exhibit some type of visual impairment that can prompt the eye care supplement market in North America.

Europe is noted as the second largest market for the global eye care supplements that can exhibit a steady growth in the years ahead due to the accessibility affordable treatments and implementation of effective prevention strategy for eye health. As per the World Health Organization, more than 60 Mn people in Europe have diabetes and the surge in cases of diabetes is high in people aged over 25 years, which can influence the market over the study tenure.

In the Asia Pacific region, the market of eye care supplements is expected to register the fastest growth rate due to rise in cases of chronic disease, such as; diabetic retinopathy, diabetes, and obesity. In the Middle East Asia and Africa, the market of eye care supplement is expected to show a steady rise owing to upscaling demand for ophthalmic products and easy accessibility of treatment options.

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Key Players in Eye Care Supplements Market

Nordic Naturals Inc. (U.S.), Biosyntrx Inc. (U.S.), Healths Harmony USA Supplements LLC (U.S), Bristol-Myers Squibb Company (U.S.), Vitabiotics Ltd. (U.K), NUSAPURE (U.S.), and Bausch Lomb Incorporated. (U.S.) are some top-notch companies in the global market of eye care supplements that are recognized by Market Research Future and are listed in the current report.

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Rheumatoid Arthritis Market: Emerging Technologies, Competition & Strategies of Key Players, Regional Analysis and Forecast By 2027

Market Overview

The global Rheumatoid Arthritis Market is expected to continue to develop steadily, breaking past growth records in terms of value with a notable CAGR over the review period. Rheumatoid arthritis is a long-term inflammatory disease that affects more than just the joints. It has been discovered that the disorder can harm numerous sections of the human system, including the lungs, skin, eyes, heart, and blood vessels, in some people.

Market Trends

The global market for rheumatoid arthritis is rapidly expanding. The growing prevalence of rheumatoid arthritis is mostly due to the ageing population. Additionally, some data suggests that smokers have a higher chance of getting rheumatoid arthritis. The high number of people suffering from autoimmune disease, which has been discovered to be three times more common in women than in males, is another important factor impacting the market’s growth. The cause of the gender divide is unknown, but researchers believe it has to do with hormones. According to Health Union, LLC is a common chronic condition that affects about 1.3 million Americans and as much as 1% of the world’s population. The market is being influenced further by big pharmaceutical companies taking attempts to create rheumatoid arthritis-related goods. Furthermore, there is a tremendous opportunity in developing countries that is being seized by numerous industry participants in order to grow their global footprint.

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Market Segmentation

Non-steroidal anti-inflammatory drug type (NSAID), Steroids, Disease-modifying anti-rheumatic drug type (DMARDs), and biologic agents are the drug types that are comprises in the global rheumatoid arthritis market.

Synovectomy, Tendon repair, Joint fusion, and Total joint replacement are some of the options for treatment. C-reactive protein (CRP) test, CCP, ESR (Erythrocyte Sedimentation Rate) test, and Synovial Fluid Analysis are also used in the diagnosis.

Regional Overview

The global market is divided into areas such as the Americas, Europe, Asia Pacific, and the Middle East and Africa. Due to a rising patient pool visiting professionals due to rheumatoid arthritis and favourable governmental conditions for research and development, the Americas account for the biggest market share of more than 38 percent. According to a research conducted by the Centers for Disease Control and Prevention in March 2017, roughly 54.4 million adults in the United States suffer with arthritis, accounting for around 25% of the population. Arthritis is the most common cause of disability, producing joint discomfort, soreness, stiffness, and swelling. Rheumatoid arthritis and osteoarthritis are the two most frequent types of arthritis. According to the same study, by 2040, 78 million adults in the United States, or 26% of the population, will have been diagnosed with arthritis by a doctor.

Rheumatoid arthritis is the second most common disease in Europe. The United Kingdom has the fastest-growing rheumatoid arthritis market in Europe. Rheumatoid arthritis affects around 690,000 persons in the United Kingdom, according to the National Rheumatoid Arthritis Society (NRAS). Furthermore, government initiatives to raise awareness of rheumatoid arthritis are impacting market growth.

The Asia-Pacific area is predicted to grow at the fastest rate. With more than 60% of the world’s population, the Asia Pacific region has provided a significant opportunity for researchers to investigate epidemiology, pathogenesis, and influence various manufacturers to expand their operations in this region. Since the founding of the Asia Pacific League of Associations for Rheumatology (APLAR) in 1963, there has been tremendous progress in the treatment of rheumatoid arthritis. There is potential for growth in the region as a result of numerous advancements.

Due to a lack of awareness, a lack of emphasis on research and development efforts, and insufficient medical facilities, the Middle East and Africa has the smallest share of the rheumatoid arthritis market.

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Competitive Dashboard

Pfizer Inc (US), Eli Lilly and Company (US), Bristol-Myers Squibb Company (US), F. Hoffmann-La Roche Ltd (Switzerland), Novartis AG (Switzerland), Vertex Pharmaceuticals Incorporated (US), Sanofi (France), AstraZeneca (UK), and others are some of the major competitors in this industry.

The global market for rheumatoid arthritis looks to be extremely competitive and fragmented, as evidenced by the presence of various well-established and minor firms. With a well-established market in North America, large businesses like as Pfizer Inc., Eli Lilly and Company, Bristol-Myers Squibb Company, Vertex Pharmaceuticals Incorporated, and others have established a presence and produce significant market share. These firms have also expanded their operations in a number of other emerging markets. In addition, numerous small and medium-sized businesses profit from the local market.

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Bladder Cancer Market Segmentation, Dynamics, Market Size, Supply & Demand, Competition & Companies, Drivers, Restraints and Technology

Market Research Future published a half cooked research report on “Global Bladder Cancer Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

The global market consist of players such as, Oncogenex (US), Astellas (Japan), Eli Lilly and Company (US), AstraZeneca (UK), F. Hoffmann-La Roche (Switzerland), GlaxoSmithKline (UK), Accord Healthcare, Inc.(India), Pfizer (US), Novartis AG (Switzerland) Bristol-Myers Squibb company (US) and others. These are some of the major market players at the forefront of competition in the global bladder cancer market.

Global Bladder Cancer Market – Overview

The global market for bladder cancer is growing at a steady pace. This can be attributed to increasing prevalence of bladder cancer. It is reported that the exact cause of the bladder cancer is not clear, however, the medical condition is estimated to be aaocaited with certain factors which are inclusive mutations in the genetic composition of the patients, continuous exposure to harmful radiations, and adoption of unhealthy lifestyle. Such conditions are responsible for increasing the reported cases of bladder cancer across the globe. Moreover, factors such as increasing government support alongwith the growing investment in the research and development procees boosts the market growth. Adfditionally, rising awareness regarding the medical condition among the masses also contributs to the market growth. However, there factors such as high cost of the treatment in terms of expensive drugs, and related side effects are estimated to restarin the market tgrowth during the projected period.

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Global Bladder Cancer Market – Competitive Analysis

The market for bladder cancer is well established market with number of companies operating in this market.

Bladder Cancer Market is expected to grow in the presence of increasing demands for better rtherapeutics. Currently, the market is witnissing an unavailability of absolute treatment. This can be seen as an for the market players to expand their market. The players, present in the global bladder cancer market are focusing on the development of new products. Such novel products are being designed with views of cost effectiveness and minimum side effects. Therefore, many companies in the market are involved in the development of specific types of molecules, and novel therapies have adopted the strategies of the acquisitions, product launches in order to strive in the competitive market. Additionally, competition amongst new entrants is expected to increase the growth for bladder cancer market over the forecasted period.

In October 2017, Astellas and Seattle Genetics initiated pivotal trial of Enfortumab Vedotin for patients with locally advanced or metastatic urothelial cancer.

In May 2017, AstraZeneca plc received U.S. FDA accelerated approval for the drug Imfinzi (durvalumab). This drug is intended to be used for previously treated patients with advanced bladder cancer.

In February 2017, Bristol-Myers Squibb received the FDA approval for Opdivo (nivolumab) in previously treated locally advanced or metastatic urothelial carcinoma, a type of bladder cancer.

In April 2017, FDA granted Roche’s atezolizumab, an accelerated approval as an initial treatment procedure for treating patients with advanced bladder cancer. It is the only immunotherapy paradigm approved for the treatment of advanced bladder cancer.

In May 2017, Eli Lily company announced results of their drug Cyramza’s phase III clinical trial for Bladder cancer. According to company reports, around 531 patients with urothelial carcinoma were treated in the trial, with a statistically significant improvement in progression-free survival. With this, Company received huge boost for the development of this drug in the treatment of bladder cancer.

In May 2017, FDA granted BAVENCIO (avelumab) approval for a common type of advanced bladder cancer.

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Global Bladder Cancer Market – Regional Analysis

On the basis of the geography, the global bladder cancer market is segmented into the four major regions, namely the Americas, Europe, Asia Pacific, and the Middle East Africa.

The Americas holds the largest share in the global bladder cancer market. Presence of huge patient population suffering from bladder cancer is a major reason behind the same. As per the American Cancer Society, approximately 79,030 new cases of bladder cancer were reported in 2017. Moreover, it was estimated that the disease caused about 16,870 deaths withihn the U.S. Additionally, factors includfing changing lifestyle, rising government support, incrteasing role of cancer care organisations for incraesing the awareness s also impacts a positive growth in the global bladder cancer market.

Europe accounts for the second largest market share for the bladder cancer, which is followed by Asia Pacific. Asia Pacific is the fastest growing market owing to the huge population base, increasing prevalence of bladder cancer, rapidly developing economies and presence of huge opportunity for the growth of the market. The Middle East Africa has the least market share due to the unavailability of the required healthcare infrastructure, lack of awareness among people.

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Friday, August 27, 2021

Skin Graft Market : Industry Trends and Developments 2019 – 2027

Market Highlights

The Skin Graft Market is chiefly driven by rise in cases of accidents, burns, surgeries requiring removal of skin, skin loss due to infection such as necrotizing fasciitis or purpura fulminans and cancer etc. The rise in the number of plastic surgeries due to the growing influence of the fashion and media industry coupled with the development of tourism sector has led to the growth of the market. The global skin graft market represents a bipolar outlook with huge difference in the rural and metropolitan regions. The developed metropolitan regions especially with tourism and fashion industry sectors such as Bangkok, Las Vegas, and Los Angeles etc. have skin graft surgeries disproportionate to their population and needs.

The skin graft market is led by the product development strategy which is being witnessed in the equipment section and most prominently the dermatome. Dermatome is a surgical instrument used to create thin slice the skin in skin grafting. Latest technological developments have led to the development of advanced dermatomes such as air dermatome which is more efficient and allows for greater control and accuracy in slicing skin of uniform thickness. As the use of dermatomes is dependent on the skill of the surgeons, scarcity of skilled surgeons is acting as a constraint on the global skin graft market.

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Global Skin graft Market Players:

Key players profiled in the report are Organogenesis, Inc., Specmed Medical, Stratatech Corp, Tissue Regenix Group PLC, Avita Medical, Convatec Inc, Medrotonic, Coloplast, B.Braun Melsungen, zimmerbiomet, Stratatech Corporation, Zimmer Biomet and others.

Test 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 Skin graft Market” Research Report – Forecast to 2023.

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Segmentation:

The global skin graft market is segmented on the basis of graft type, graft thickness and applications. Based on graft type, the market has been segmented as autologous, isogeneic, allogeneic, xenogeneic and prosthetic. Based on the graft thickness, the market has been segmented as split-thickness, full-thickness and composite graft. Based on the applications, the market has been segmented as extensive wound, burns, extensive skin loss due to infection, skin cancers and others. Based on the equipment, the market has been segmented as dermatome (knives dermatomes, drum dermatomes, electric dermatomes, air dermatomes), general surgical instruments, consumables and others. Based on the end users, the market has been segmented as hospitals and clinics, academic and research and others.

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Biological Stains Market 2018-2027: Growth Opportunities, Current and Projected Market Size, Recent Industry Trends and Developments

Market Highlights

Staining is a supplementary technique used to enhance the contrast in the microscopic image. Biological stains are essential in the identification of physical, chemical and structural characteristics of biological content. The increasing use of stains in healthcare and life sciences research, the surge in the number of infectious diseases and increasing commercial use of stains are the factors responsible for the growth of the Biological Stains Market. Additionally, increasing RD spending and aggressive strategies adopted by the top players, such as new product launches, and merger and acquisition activities are contributing to the growth of the market. For instance, in January 2017, Bio-Rad Laboratories announced the acquisition of RainDance Technologies for approximately USD 87 million. RainDance Technologies offers products such as microdroplet solutions for the early detection of cancer and other diseases.

The high costs associated with biological stains, availability of substitutes and risk of contamination due to the use of biological stains are likely to hinder the market growth during the forecast period.

Regional Analysis

The market in the Americas is expected to dominate the global biological stains market during the forecast period factors propelling the growth of the market are rising prevalence of infectious diseases, increasing use of stains in food testing, and the presence of a well-established healthcare system. The European market is expected to be the second-largest due to the increasing number of academic and research institutes in the region and with-it rising demand for biological reagents for research and academic purpose. Moreover, awareness about diagnostics and increasing expenditure on diagnostics are contributing to the growth of the market in this region. The market in Asia-Pacific is anticipated to be the fastest-growing during the forecast period owing to the increasing government support, rising investments in healthcare and the presence of well-established pharmaceutical market in the region. The market in the Middle East Africa is likely to account for the smallest share of the global biological stains market due to the underdeveloped healthcare sector and lack of awareness.

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Segmentation

The global biological stains market has been segmented on the basis of type, application, and end-user.

On the basis of type, the market has been classified as acid fuchsin, Congo red, crystal violet, eosin, methylene blue, iodine, safranin, and others. The eosin segment has been further divided into eosin Y, alcoholic eosin Y, eosin B, eosin- phloxine, and picro-eosin. The application segment has been further divided into histology, bacteriology, protein staining, gram staining, protein staining, DNA staining, and fluorescence microscopy.

The market, by end-user, has been segmented into diagnostic laboratories, academic and research institutes, pharmaceutical and biotechnology companies, and others.

Key Players

Some of the key players in the global biological stains market are Thermo Fisher Scientific Inc., Avantor, Becton, Dickinson and Company, Beckman Coulter, Inc., Merck KGaA, F. Hoffmann-La Roche Ltd, Bio-Rad Laboratories, Inc, Water Corporation, and bioMérieux SA.

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