Wednesday, 5 September 2018

Palliative Care Market Revenue, Opportunity, Forecast and Value Chain 2018

Market Scenario
Global Palliative Care market is expected to grow during the forecast period (2018–2023) at a CAGR ~8.1 %.
Palliative care helps to improve the quality of life of patients and their families facing the problems of serious illness. The main focus of Palliative care is to provide relief from symptoms and stress of a serious illness. Their main goal is to improve the quality of life for both the patient and the family. Palliative care treats people living with a serious illness such as cancer, cardiac diseases such as congestive heath failure, kidney failure, Alzheimer’s and many more. It improves the quality of life of the patient and supports the primary physician, patient, and family. In last 15 years, the Palliative care market has a stunning growth and the factors that have led to the growth of this market are growing the aging population, increase in chronic life-threatening disease, initiative taken by the government and non- profit organization, and rise in government funding.  
However, the high cost of treatment, misuse of funding and lack of awareness are some of the factors which are hampering the growth of the market during the forecast period.
Segmentation
The Global Palliative Care Market is segmented into types such as private residence care, hospice inpatient care, hospital inpatient care, nursing home and residential facility care and others. On the basis of application, the market is further segmented into cancer, cardiac diseases such as congestive heart failure (CHF), chronic obstructive pulmonary disease (COPD), kidney failure, Alzheimer’s, Parkinson’s, Amyotrophic Lateral Sclerosis (ALS) and many more. On basis of end-user, the market is further segmented into hospitals, home care settings, palliative care centers, long-term care centers & rehabilitation centers.
Regional Market Summary
The market has been segmented, by region, into the Americas, Europe, Asia Pacific, and the Middle East and Africa. The Global Palliative Care Market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada. The European Global Palliative Care Market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The Global Palliative Care Market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The Palliative care market in the Middle East and Africa has been segmented into the Middle East and Africa.
In terms of market value, North America will dominate the Palliative care market during the forecast period. Increasing incidences of life-threatening illness such as cancer, cardiovascular diseases, Alzheimer’s disease, kidney failure, chronic obstructive pulmonary disease and many more are some of the factors which are responsible for the growth of the market during the forecast period. In 2015 on average 90 % of US hospitals containing 300 beds or more provide Palliative care services to their patients. This has led to the growth of the market in coming years. The European market is expected to be the second-largest Palliative care market. The market growth in this region can be attributed to government funding and support of the healthcare sector coupled with increasing research and development. Moreover, a growing number of Palliative care centers worldwide, extending application for homecare, increasing number of qualified physicians for Palliative care center and expanding aging demographics are some of the factors responsible for the rise in the global Palliative care market. Asia-Pacific is expected to be the fastest-growing Palliative care market during the forecast period owing to the increasing prevalence of cardiac diseases, rising investments in healthcare, increasing geriatric population, and expansions by market players in the region. Asia-Pacific is giving the strong competition in the global Palliative care market by producing a cost-effective treatment that is high in demand in local as well as in the global market. The market in the Middle East and Africa is expected to account for the smallest share in the global Palliative care market due to the underdeveloped healthcare sector, lack of technical knowledge, and poor medical facilities.
Key Players
Some of the key players in the Global Palliative Care market are Vitas Healthcare Corporation, Skilled Healthcare Group Incorporated, Sunrise Senior Living LLC, Kindred Healthcare Incorporated, Gentiva Health Services Incorporated, Home Instead Senior Care Incorporated, Amedisys Incorporated, Genesis HealthCare Corporation.
Table Of Contents:
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 Macroeconomic Indicators
4.6 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
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Latest Study Offers Detailed Insights on Healthcare Asset Management Market 2018

Market Scenario
The healthcare asset management market is expected to grow during the forecast period (2018–2023) at a CAGR ~18.2%.
Healthcare asset management uses applications such as Radiofrequency Identification (RFID) and plays an important role in optimization and effective use of medical devices, managing inventory and reducing human error. The growing concern for patient safety, need to increase the efficiency of available resources, and acceptance of advanced technology in the healthcare sector are expected to drive the growth of the market. Moreover, rising R&D spending and strategies applied by major players such as new product development are contributing to the growth of the market. For instance, in August 2018, Infor Inc. which is a major player in the healthcare asset management sector announced the latest version of Enterprise Asset Management (EAM) software.
The rising concerns about patient safety, accuracy issues with the devices, the high installation cost of healthcare asset management tools, and poor implementation due to organizational and infrastructure issues may hamper the growth of the market during the assessment period.

Segmentation
The healthcare asset management market has been segmented on the basis of product, application, and end-user.
On the basis of product, the market has been classified as real-time location systems (RTLS), radiofrequency identification (RFID) devices and ultrasound & infrared tags. The real-time location systems (RTLS) segment has been further divided into hardware, software and services. The hardware segment has been further divided into tags/badges and readers/interrogators.
The radiofrequency identification (RFID) devices have been classified as hardware, and software and services. the hardware segment has been divided tags, readers/interrogators, and accessories. The tags sub-segment has been segmented into passive tags and active tags. The passive tags segment has been divided into high-frequency (HF) tags, ultra-high-frequency (UHF) tags and low-frequency (LF) tags. Furthermore, the application segment has been sub-segmented into hospital asset management and pharmaceutical asset management. The hospital asset management segment includes equipment tracking and management, patient management, temperature and humidity monitoring, staff management and infection control and hand hygiene compliance. The pharmaceutical asset management segment includes drug anti-counterfeiting and supply chain management.
The market, by end-user, has been segmented into Hospital/Clinic, Laboratories, Pharmaceutical companies, Biotechnology.
The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The healthcare asset management market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.
The European healthcare asset management market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. 
The healthcare asset management market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The healthcare asset management market in the Middle East & Africa has been segmented into the Middle East and Africa.
Regional Market Summary
The Americas are likely to dominate the healthcare asset management market owing to the adoption of highly advanced technology, increasing demand for new technology to stop fake drugs(Drug counterfeiting) and the presence of a well-established healthcare system as well as the presence of a huge network of healthcare service providers. According to the American hospital association, in the year 2016, a number of registered hospitals in the US was 5,534, roughly 2000 hospitals were present in the rural area and 3000+ hospitals were operating in the urban area.
The European market is expected to be the second-largest healthcare asset management market. The market growth in this region can be attributed to government funding and support of the healthcare sector coupled with increasing research and development. Moreover, increasing cases of drug counterfeiting is responsible for rising demand for healthcare asset management services and it is also contributing to the growth of the market in this region. According to the European intellectual property office drug, the counterfeit is a major problem in the healthcare sector. Revenue of USD 11.5 billion is lost per year because of drug counterfeiting and 10% of all medicines supplied globally are falsified.
Asia-Pacific is expected to be the fastest-growing healthcare asset management market during the forecast period owing to the increasing demand for easy to use asset management software’s, increasing digitalization in the region, and investments in healthcare and expansions by market players in the region.
The market in the Middle East & Africa is expected to account for the smallest share of the healthcare asset management market due to an underdeveloped healthcare sector, poor medical facilities and lack of technical knowledge
Key Players
Some of the key players in the healthcare asset management market are cenTrak, Airista Flow, GE Healthcare, IBM Corporation, Infor Inc., Tyco Security Products., Intelligent InSites, Motorola Solutions, Inc., Radianse, JADAK (a Novanta Company), Siemens Healthineers, Sonitor Technologies, Stanley Black & Decker, Inc., Ekahau, Inc.
Table Of Contents:
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 Macroeconomic Indicators
4.6 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
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Tuesday, 4 September 2018

Top trends in Homeopathic Medicine Market by 2018

Market Synopsis of the Global Homeopathic Medicine Market
The Worldwide Homeopathic Medicine Market is expected to grow at a CAGR of 12.5% during the forecast period. The global homeopathic medicine market is expected to show sharp growth over the forecast period. Rising prevalence of chronic disease and increasing demand for medicines from natural sources and overall increase in the awareness about medicines and treatment options in homeopathy drive the market growth. Furthermore, homeopathy is gaining attention in many of the emerging market throughout the globe. Lack of awareness about homeopathy in developing countries may act as a barrier for the market growth.
The market for homeopathy medicine is expected to expand due to an increase in the awareness regarding homeopathic medicine and rising prevalence of lifestyle-associated diseases such as obesity, diabetes and reproductive health. Restrains for the growth of this market are lack of awareness of homeopathic medicine in developing countries and strict regulatory requirements governing the use of homeopathy in developing countries such as Germany, and UK.
The market shows growth potential in India, Mexico and the Middle East nations.
Key Players in the Global Homeopathic Medicine Market
Some of the key players in this market are Hahnemann Laboratories Inc. (U.S.), Natural Health Supply (U.S.), Boiron USA (U.S), HomeoLab USA (Canada), SBL (India), Hyland’s Homeopathic (U.S.), and Nelson & Co. Ltd. (U.K).
Segments                                                                                                                                          
The global homeopathic medicine market is segmented on the basis of type, indication, and end users.
On the basis of drugs, market is segmented into plants based, animal based and mineral based. Plant based is further segmented into Arnica montana, Bryonia alba, Cinchona officinalis, Pulsatilla nigricans, Rhus tox, Symphytum. Animal based is further segmented intoLatrodectus mactans, Tarentula Hispania, Tarentula cubensis, Naja tripudians, Vipera, Sepia, and Cantharis. Mineral based is further segmented into Calcarea carbonica, Phosphorus, Calcarea phosphorica, Natrum muriaticuma and others. Other segments are Nosodes, Sarcodes and Imponderabilia.
On the basis of application, the market is segmented into skin & hair, reproductive health, lifestyle disorders, bones, joints, and muscles diseases, brain and nerves disorders, respiratory diseases, childhood diseases, hormonal disorders and others.
On the basis of end user, the market is divided into hospitals, homeopathic clinics, and others. 
Intended Audience
Homeopathy Medicine Manufacturers
Homeopathy Medicine Suppliers
Medical Research Laboratories
Research and Development (R&D) Companies
Market Research and Consulting Service Providers
Potential Investors
Regional Analysis of the Global Homeopathic Medicine Market            
America is the largest market for homeopathic medicine owing to rising awareness about homeopathic treatment and increasing use of homeopathic medicine. Furthermore, homeopathy has a substantial presence in the U.S. healthcare system.
Europe is the second largest market owing rise in the number of homeopathy practitioners, use of homeopathy medicine by people for day to day healthcare. According to the Commission of European Communities, 100 million European Union (EU) citizens (29% of the EU’s population) uses homeopathy medicine. UK is the largest market for homeopathic medicine in Europe.

Detailed Table of Contents:
  1. Report Prologue
  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
  1. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
List Of Tables
Table 1 Homeopathic Medicine Industry Synopsis, 2017-2023
Table 2 Global Homeopathic Medicine Market Estimates And Forecast, 2017-2023, (Usd Million)
Table 3 Global Homeopathic Medicine Market By Region, 2017-2023, (Usd Million)
Table 4 Global Homeopathic Medicine Market By Types, 2017-2023, (Usd Million)
Table 5 Global Homeopathic Medicine Market By Application, 2017-2023, (Usd Million)
Table 7 Global Homeopathic Medicine Market By End Users, 2017-2023, (Usd Million)
List Of Figures
Figure 1 Research Process
Figure 2 Segmentation For Global Homeopathic Medicine Market
Figure 3 Segmentation Market Dynamics For Homeopathic Medicine Market
Figure 4 Global Homeopathic Medicine Market Share, By Type, 2016
Figure 5 Global Homeopathic Medicine Market Share, By Application, 2016
Figure 6 Global Homeopathic Medicine Market Share, By End Users, 2016

...Continued

         
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Thursday, 30 August 2018

Global Renal Disease Market Report 2017: Technology Development Trends and Business Opportunities for Stakeholders by 2023

Renal disease also known as kidney diseases that affects the functioning of kidneys. According to National Kidney Foundation, Inc.,10% of world’s population is suffering from chronic kidney diseases. Global Renal disease Market is growing moderately. The growing prevalence of renal diseases is leading the market growth. Increasing R&D activities and clinical trials are major driving forces of the market. Increasing acquaintance and awareness among the patients, growing healthcare sector, government initiatives and new product launches are key factors for the global renal disease market.
The Global Renal disease market is growing at the CAGR of ~6.3% during the forecast period and expected to reach US$ 14291.2 million by 2023.
Key Players
Some of the key players in this market are: Abbott (US), Amgen Inc. (US), Baxter (US), Bristol-Myers Squibb Company (US), Keryx Biopharmaceuticals, Inc. (US), NephroGenex, Inc. (US), Novartis AG (Switzerland), Pfizer Inc.(US), Sanofi (France), Shire Pharmaceuticals Limited (Republic of Ireland), and others.
Segmentation
Global Renal disease Market has been segmented on the basis of type which comprise acute kidney problems (Prerenal, Postrenal, Renal), Chronic kidney diseases, and others. On the basis of diagnosis, it segmented into Blood Tests (Serum Creatinine, Glomerular Filtration Rate(GFR), Blood Urea Nitrogen (BUN), fasting blood glucose test), Urine test (Urinalysis, Protein urine test, Microalbuminuria test, Creatinine Clearance test), Imaging test (Ultrasound, CT Scan ), Removing a sample of kidney tissue for testing. On the basis of treatment, it segmented into medication (High blood pressure medications, Medications to lower cholesterol levels, Medications to treat anemia, Medications to relieve swelling, Medications to protect your bones), Dialysis (Hemodialysis, Peritoneal dialysis), kidney transplant (Deceased-donor kidney transplant, Living-donor kidney transplant, Pre-emptive kidney transplant ), surgery (Nephrectomy and radical nephrectomy, nephron-sparing surgery (NSS), nephrolithotripsy , Extracorporeal shock wave lithotripsy (ESWL), and others), diet and others.
Detailed Table of Contents:
1. Report Prologue
2. Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market Structure
2.4. Market Segmentation
3. Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Mega Trends
4.5 Macroeconomic Indicators
...Continued
       
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Global Lactose Intolerance Treatment Market Analysis 2018 Forecasts to 2023

Market scenario:
Lactose intolerance cause symptoms such as abdominal pain, bloating, diarrhoea, gas, nausea etc. due to the decreased ability to digest the sugar lactose in milk products. Lactose intolerance is caused due to the lack of enzyme lactase which breaks lactose into glucose and galactose. Primary lactose intolerance is due to fall in the amount of lactase due to age while secondary lactose intolerance is due to injury to the small intestine such as infections, celiac disease, inflammatory bowel disease etc. Congenital lactose intolerance is caused by genetic factors. The falling prices of lactose free foods due to rising scalability and larger sales will also stimulate the market. The non-serious nature of the symptoms of lactose intolerance is a major constraint on the market.
Considering all these factors the market for lactose intolerance treatment is expected to reach $ 9.4 billion by the end of 2023, this market is projected to growing at a CAGR of ~ 7.2 % during 2017-2023.
Key players:
  • Johnson & Johnson Inc.
  • National Enzyme Company
  • Vetbiochem India Private Limited
  • Scimera Partners
  • Ganeden Biotech
  • Daiya Foods Inc.
  • Arla Foods
  • McNeil NutritionalsOberland-Milchverwertung (OMIRA)
  • ParmalatValio
Segments:
The global lactose intolerance treatment market is segmented on the basis of type, treatment and end users. Based on type, the market has been segmented as primary, secondary, developmental and congenital. Based on the treatment, the market has been segmented as food supplements (dairy, milk substitutes (soy, rice, coconut, almond, others), cereals and breads, fats, others), enzymatic lactase supplements, and others. Based on the end users, the market has been segmented as hospitals and clinics, home use, and others.
Regional analysis
US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. The faster market uptake of new technology in the US is also an important driver of the market for global lactose intolerance treatment. Europe is the second largest market due to large disposable income and rising awareness. Asia Pacific region is expected to have the most potential and it is estimated to be led by China and India. The Middle East & Africa market is led by the gulf nations particularly Saudi Arabia and UAE. The poor regions of Africa are expected to be a laggard due to poor economic and political conditions and poor healthcare penetration.
Detailed Table of Contents:
1. Introduction
1.1 Definition
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.2.2.1 Assumptions
1.2.2.2 Limitations
1.3 Market Structure:
2. Research Methodology
2.1 Research Process:
2.2 Primary Research
2.3 Secondary Research:
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Macroeconomic Indicators
4. Market Factor Analysis
4.1 Porters Five Forces Model
4.2 Bargaining Power Of Suppliers
4.3 Bargaining Power Of Buyers
4.4 Threat Of New Entrants
4.5 Threat Of Substitutes
4.6 Intensity Of Rivalry
5. Global Lactose Intolerance Treatment Market, By Type
5.1 Primary
5.2 Secondary
5.3 Developmental
5.4 Congenital
...Continued

         
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Homeopathic Medicine Market-Outlook, Regulatory Bodies, Trends, Industry Insights & Forecast

Market Synopsis of the Global Homeopathic Medicine Market
The Worldwide Homeopathic Medicine Market is expected to grow at a CAGR of 12.5% during the forecast period. The global homeopathic medicine market is expected to show sharp growth over the forecast period. Rising prevalence of chronic disease and increasing demand for medicines from natural sources and overall increase in the awareness about medicines and treatment options in homeopathy drive the market growth. Furthermore, homeopathy is gaining attention in many of the emerging market throughout the globe. Lack of awareness about homeopathy in developing countries may act as a barrier for the market growth.
The market for homeopathy medicine is expected to expand due to an increase in the awareness regarding homeopathic medicine and rising prevalence of lifestyle-associated diseases such as obesity, diabetes and reproductive health. Restrains for the growth of this market are lack of awareness of homeopathic medicine in developing countries and strict regulatory requirements governing the use of homeopathy in developing countries such as Germany, and UK.
The market shows growth potential in India, Mexico and the Middle East nations.
Key Players in the Global Homeopathic Medicine Market
Some of the key players in this market are Hahnemann Laboratories Inc. (U.S.), Natural Health Supply (U.S.), Boiron USA (U.S), HomeoLab USA (Canada), SBL (India), Hyland’s Homeopathic (U.S.), and Nelson & Co. Ltd. (U.K).
Segments                                                                                                                                          
The global homeopathic medicine market is segmented on the basis of type, indication, and end users.
On the basis of drugs, market is segmented into plants based, animal based and mineral based. Plant based is further segmented into Arnica montana, Bryonia alba, Cinchona officinalis, Pulsatilla nigricans, Rhus tox, Symphytum. Animal based is further segmented intoLatrodectus mactans, Tarentula Hispania, Tarentula cubensis, Naja tripudians, Vipera, Sepia, and Cantharis. Mineral based is further segmented into Calcarea carbonica, Phosphorus, Calcarea phosphorica, Natrum muriaticuma and others. Other segments are Nosodes, Sarcodes and Imponderabilia.
On the basis of application, the market is segmented into skin & hair, reproductive health, lifestyle disorders, bones, joints, and muscles diseases, brain and nerves disorders, respiratory diseases, childhood diseases, hormonal disorders and others.
On the basis of end user, the market is divided into hospitals, homeopathic clinics, and others. 
Intended Audience
Homeopathy Medicine Manufacturers
Homeopathy Medicine Suppliers
Medical Research Laboratories
Research and Development (R&D) Companies
Market Research and Consulting Service Providers
Potential Investors
Regional Analysis of the Global Homeopathic Medicine Market            
America is the largest market for homeopathic medicine owing to rising awareness about homeopathic treatment and increasing use of homeopathic medicine. Furthermore, homeopathy has a substantial presence in the U.S. healthcare system.
Europe is the second largest market owing rise in the number of homeopathy practitioners, use of homeopathy medicine by people for day to day healthcare. According to the Commission of European Communities, 100 million European Union (EU) citizens (29% of the EU’s population) uses homeopathy medicine. UK is the largest market for homeopathic medicine in Europe.
Detailed Table of Contents:
1. Report Prologue
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
3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
List Of Tables
Table 1 Homeopathic Medicine Industry Synopsis, 2017-2023
Table 2 Global Homeopathic Medicine Market Estimates And Forecast, 2017-2023, (Usd Million)
Table 3 Global Homeopathic Medicine Market By Region, 2017-2023, (Usd Million)
Table 4 Global Homeopathic Medicine Market By Types, 2017-2023, (Usd Million)
Table 5 Global Homeopathic Medicine Market By Application, 2017-2023, (Usd Million)
Table 7 Global Homeopathic Medicine Market By End Users, 2017-2023, (Usd Million)
List Of Figures
Figure 1 Research Process
Figure 2 Segmentation For Global Homeopathic Medicine Market
Figure 3 Segmentation Market Dynamics For Homeopathic Medicine Market
Figure 4 Global Homeopathic Medicine Market Share, By Type, 2016
Figure 5 Global Homeopathic Medicine Market Share, By Application, 2016
Figure 6 Global Homeopathic Medicine Market Share, By End Users, 2016
...Continued
         
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Global Tracheostomy products Market 2018 Size, Status and Forecast to 2023

Market Scenario:
Tracheostomy is a surgical procedure of creating an incision on the neck for direct access to the trachea so that a tub can be inserted into the windpipe to aid breathing. The tube is sometimes inserted to remove any built-up fluid in the throat and windpipe and connected to a ventilator. Tracheostomy is one of the most commonly performed procedures in ICUs. It is performed on patients with neck injuries, chronic lung diseases, neck cancer, vocal cord paralysis, etc. Tracheostomy is also used in the treatment of severe obstructive sleep apnea, patients suffering from long-term coma or unconscious patients. Tracheostomy products are used to allow the administration of positive pressure ventilation and to provide a palpable airway to patients suffering from airway obstruction. Rising incidences of throat cancer, laryngeal and hypopharyngeal cancer, severe facial trauma, tumors of the head and neck is driving the market for tracheostomy products. Sedentary lifestyle, increased consumption of tobacco and alcohol, a diet rich in sugar and fat contribute to the incidences of cancer and other chronic disease which spur the market for tracheostomy products.
The market for tracheostomy products is further propelled by the rise in number of bed-ridden geriatric population, patients in ventilator care and ICU patients. Additionally, technological advancement in tracheostomy procedures, the overall growth of the healthcare sector, R&D activities, rise in demand for home care services rising adoption of tracheostomy procedures in the healthcare sector is expected to boost the market. Growing product awareness, the rise in popularity of medical tourism are other factors. Development of advanced polymer tracheostomy tubes, which require less care and have fewer chances of infections have also aided in market expansion.

However, the market growth may be restrained by procedural complications which are accompanied by tracheostomy such as bleeding, damage to the food pipe and trachea, narrowing of the trachea, formation of abnormal tissue in the trachea, displacement of the tracheostomy tube, etc. Lack of awareness regarding such treatment options and high costs associated with tracheostomy too are likely to restrict the market growth. Considering all these factors, the global tracheostomy products market is expected to expand at a CAGR of 2.3% and reach USD 3 Billion by the end of the forecast period 2017-2023, reveals a study by Market Research Future (MRFR).
Key players of Global Tracheostomy Products Market:
Key players profiled in the report are Medtronic, Smiths Medical, Teleflex, Cook Medical, Fisher & Paykel Healthcare, TROGE Medical, Tuoren Medical, TRACOE Medical, Biçakcilar, Fuji Systems and others.
Segments:
The global tracheostomy products market is segmented on the basis of product type. Based on the product type, the market has been segmented as tracheostomy tubes, cannula, tracheostomy ventilation accessories, tracheostomy clean and care kits and others. Based on the material, the market has been segmented as polymer, silicone and others. Based on the end users, the market has been segmented as hospitals and home.

Regional analysis
US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. Europe is the second largest market due to large disposable income and presence of large hospitals. Asia pacific region will be the fastest region because of large unmet needs which will be led by China and India. The Middle East and Africa market will be led by the gulf nations particularly Saudi Arabia and UAE. The poor regions of Africa is expected to be a laggard due to poor economic and political conditions.
Detailed Table of Contents:
Table Of Contents
1 Introduction
1.1 Definition
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.2.2.1 Assumptions
1.2.2.2 Limitations
1.3 Market Structure:
2 Research Methodology
2.1 Research Process:
2.2 Primary Research
2.3 Secondary Research:
3 Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porters Five Forces Model
4.2 Bargaining Power Of Suppliers
4.3 Bargaining Power Of Buyers
4.4 Threat Of New Entrants
4.5 Threat Of Substitutes
4.6 Intensity Of Rivalry
5 Global Tracheostomy Products Market By Product Types
5.1 Tracheostomy Tubes
5.2 Cannula
5.3 Tracheostomy Ventilation Accessories
5.4 Tracheostomy Clean And Care Kits
5.5 Others


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