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Friday, 1 March 2019

Genetic Testing Market to Observe Strong Development by 2018

Market Scenario:

Genetic testing has gained popularity over the last few years for detection and prevention of genetic diseases, cancer, etc. The increasing awareness among the population regarding early diagnosis coupled with rising expenditure on preventive measures has fueled demand in the market. It is likely to continue favoring the genetic testing market over the next couple of years.

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The technological advancements introduced in the genetic testing market that offers enhanced efficiency and accuracy is expected to fuel demand during the projection period. Adoption of non-invasive genetic testing technology is projected to accelerate revenue creation for market players across the review period.

The Global Genetic testing market is growing moderately. It is growing at the CAGR of ~9.8% during the forecast period. The global genetic testing market expected to reach USD 10,033.4 million by 2023 from USD 4,683 in 2016.

Key Players

Abbott Laboratories (US)
Bio-Rad Laboratories, Inc. (US)
Illumina Inc. (US)
Myriad Genetics (US)
PerkinElmer Inc. (US)
QIAGEN N.V. (Germany)
Quest Diagnostics (US)

Intended Audience

Genetic testing products manufacturers and suppliers
Genetic testing services providers
Hospitals and clinics
Medical Research laboratories
Research and Development (R&D) Companies
Government authorities
Market Research and Consulting Service Providers
Potential Investors

Genetic testing involves the use of laboratory methods to study the genes inherited from mother or father. These tests may be used to identify increased risks of health problems, to diagnose the mutations in the genes, to choose treatments, or to assess responses to treatment.

Segmentation

Global genetic testing market has been segmented on the basis of type which prescribed genetic testing, and direct to consumer (DTC) genetic testing. Prescribed Genetic Testing accounted for the largest market share in 2016. On the basis of method, it is segmented into Molecular Genetic Test/ DNA Test, Chromosomal Genetic Test, Biochemical Genetic Test. Molecular Genetic tests/DNA was holding largest market share in 2016. On the basis of type of test, the market is segmented into Diagnostic Test, Predictive Test, Family DNA Test, and others. Diagnostic test accounted for the largest market share in 2016. On the basis of indication it is segmented into Cancer Testing, Neurogenetic Disorder Testing, Autoimmune Disorder Testing, Muscular dystrophies, and others. Cancer Testing accounted for the largest market share in 2016.

Regional Analysis

By region, the global genetic testing market has been segmented into America, Europe, Asia Pacific, and the Middle East & Africa. America held the largest share of the market in 2016 which accounted for 46.3% share. It is likely to retain a significant share towards the end of the forecast period. The growth in the region is attributable to the accelerated adoption of technology, increasing awareness about genetic testing, continuous innovation, etc. Europe is a significant growth pocket in the genetic testing market. The regional market is estimated to reach a valuation of USD 2,553.10 Mn by the end of 2023. Asia Pacific is projected to exhibit the steepest rise in market proliferation striking a CAGR of 10.1% through the assessment period. However, the Middle East & Africa region is poised to stage restricted growth due to lack of infrastructure and limited awareness.

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Anti-Viral Drugs Market to Observe Strong Development by 2018

Market Scenario:

Anti-viral drugs are used to treat viral infections and are the only agents acting against viruses as either other drugs are ineffective or too toxic. The market segment of anti-viral drugs is driven by factors such as rise in healthcare expenditure, growing research and development investment, emergence of virus life-threatening diseases like bird flu, strong development pipeline and increasing incidence rates of viral infections particularly HIV. WHO has estimated that in 2015 about 36.7 million people are suffering from HIV/AIDS with 1.1 million deaths occurring due to AIDS-related illness the emergence of donor funding in the treatment of the disease has also increased the demands of anti-viral drug market. Strong research pipeline coupled with rise in research and development investment will be the market driver of the future.

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The constraints on the market include side effects associated with treatment, the cost of the therapy and poor efficacy and effectiveness of the drugs.

The global anti-viral drugs market has been evaluated as a growing market and it is expected that the market will touch high growth figures in future. The global anti-viral drugs market is expected to grow with CAGR of ~6.9% during the forecast period. There has been consolidation of the market as a few players have come to dominate the market due to acquisitions and mergers.

Regional Analysis:

Depending on geographic region, anti-viral drugs market is segmented into four key regions: America, Europe, Asia Pacific, and Middle East & Africa. Globally, America is the largest market for anti-viral drugs with Europe tied for the second space. Asia Pacific region is expected to be fastest growing region in anti-viral drugs market.

Market Segmentation:

Global anti-viral drugs market has been segmented on the basis of on the basis of application, which comprises hepatitis, HIV/AIDS, herpes, influenza and others. On the basis of mechanism of action; market is segmented into nucleotide polymerase inhibitors, reverse transcriptase inhibitors, protease inhibitors and others.

Key Players:

The major participants of this market are: Johnson & Johnson, Merck & Co. Inc., Gilead Sciences Inc., Hoffmann-La Roche Ltd., GlaxoSmithKline Plc, Abbott Laboratories, Novartis International AG, AstraZeneca AB, Cipla Inc. and others.

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Research Report and Overview on Dental Consumables Market, 2018

Market Scenario:

Acknowledging the developments and accruals the market is enjoying currently, Market Research Future (MRFR) in its recently published study report asserts that the global dental consumables market will be valued at USD 28,345 MN by 2024, registering approximately 7 % CAGR during the forecast period (2016 – 2024).

The Dental Consumables Market is growing pervasively mainly due to the technological advancements that took place in the dental industry. Although the integration of technology & consumables in dental practices goes back to decades, the uptake of consumables has been increasing over the past few years, and so is increasing the growth of the dental consumables market. Furthermore, factors such as the wide adoption of dental consumables along with the increasing geriatric populace, prevailing dental disorders and surgeries are driving the market growth.

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The rapidly growing dental treatment market is stressing on the wide uptake of advanced dental consumables which, in turn, offers lucrative opportunities to the players of the market. The proliferation of the Internet and smart connected devices acts as a tailwind influencing the market growth positively. Simultaneously, the market penetration of smartphones is a key driving force behind the market increase.

Attributing to the augmented applications of these consumables in the related market to target more users for branding the solutions, products & services; uptake of dental consumables is estimated to upsurge in small and medium setups during the prognosticated period.

On the other hand, these dental consumables are costlier especially in developing and underdeveloped nations which in turn, is hampering the market growth in these regions restricting the uptake of consumables. Also, the operational complexities of these consumables may restrain the growth of this market.

Key Players:

Some of the leaders in the market include 3M, Septodont, Straumann, KERR Corporation, Henry Schein, GC orthodontics, Patterson Dental, EnvisionTEC, American Orthodontics, Dentsply Sirona, Planmeca OY, and Nobel Biocare (Part of Danaher Corporation).

Dental Consumables Market – Segments

MRFR has segmented the analysis into two key dynamics for the convenience of understanding;

By Type : Dental Implants, Dental Prosthetics, Dental Restorative Materials, and Dental Regenerative Materials among others.

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

Global Dental Consumables Market – Regional Analysis

The European region leads the global dental consumables market with the largest share. The market growth is majorly fostered by the increasing per capita healthcare expenditures led by the resurging economy and the proliferation of healthcare sector in the region. Also, factors such as well-spread awareness among people towards oral health, especially in countries such as the UK, Germany, and Italy support market growth at a large scale.

The North American region closely following the European market accounts for the second-largest market for dental consumables. The market growth attributes to the increasing digital advancement in medical technology. The growing market in the US, backed by the high healthcare expenditures especially into the dental segment majorly supports the market growth in the region. Additional factors such as the huge technological advancements and uptake is a dominant factor fostering the growth of the North American dental consumables market.

The dental consumables market in the Asia Pacific region is proliferating rapidly, emerging as a promising market, globally. The burgeoning dental treatment markets, especially in India & China, backed by the vast population and the large unmet clinical needs fuel the market growth in the region.

Besides, some of the APAC countries such as Thailand, Vietnam, and Malaysia are estimated to contribute to market growth during the review period significantly. Offering substantial growth opportunities with the increasing awareness towards new technologies in untapped markets; the Asia Pacific dental consumables market will grow with approximately 7 % CAGR during the estimated period (2016-2024).

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Global Dental Consumables Market – Competitive Analysis

Highly competitive dental consumables market appears to be fragmented owing to the presence of many large and small-scale players. These players are adopting the strategic initiatives for business expansion plans in the emerging markets. Key players are focusing on optimized situational awareness to ensure their mission success. Matured players are continually seeking expansion through various strategic initiatives such as M&A activities, collaboration & innovations.

Matured players invest in R&D activities increasingly. Key players possess state of the art facilities to develop cost-effective product portfolio and a stable marketing network which can help them to gain the leadership position in the market while marketers operating in the dental industry are focusing on inbound lead generation more than ever, instantiating ROI-oriented strategies that can pay off quickly.

Industry/ Innovation /Related News:

November 18, 2018 – Cantel Medical Corporation (US), a leading company involved in the production and selling of medical equipment announced that it intends to acquire Omnia (Italy), a leading seller of a variety of dental surgical consumables for up to USD 31.9 MN in total consideration to expand in the European markets.

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Cleanroom Technology Market Segmentation Detailed Study with Forecast Up To 2018

Market Scenario:

Cleanroom is basically a controlled environment which has low level of pollutants such as air-born microbes and particles, dust, aerosols which contaminate the surrounding area. Cleanroom technology is used by nearly all the industries in order to avoid the adverse effects caused by the air pollutants and small particles in the manufacturing process of a product. Globally the market for cleanroom technology is growing rapidly. Globally the market for cleanroom technology is expected to show an exponential growth and would reach approximately $4 Billion in 2022.

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Key Players

Alpiq Group, Ardmac Ltd, Camfil, Clean Air Products, Helapet Limited, M+W Group GmbH, Nicomac Srl, Royal Imtech N.V., Simplex Isolation Systems, Taikisha Ltd., and others.

Segmentation:

Cleanroom technology market has been segmented on the basis of equipment which comprises of laminar air flow, HEPA filters, cleanroom air showers, cleanroom filters, desiccator cabinets, particle counters, cleanroom pass through systems, environmental monitoring system, and others. On the basis of consumables, the market is segmented into head-caps, gloves, face masks, lab suits, footwear, wipes, swabs, disinfectants, and others. On the basis of end user, market is segmented into pharmaceutical industry, biotechnology industry, research laboratories, and others.

Intended Audience

Cleanroom technology manufacturers and suppliers
Contract Research Organizations (CROs)
Research and Development (R&D) Companies
Government Research Laboratories
Independent Research Laboratories
Government and Independent Regulatory Authorities
Market Research and Consulting Service Providers
Academic Institutes and Universities

Regional Analysis

Globally Americas is the largest market for cleanroom technology. Europe is the second-largest market. Furthermore Asia-Pacific market is expected to be the fastest growing market for cleanroom technology.

The report for cleanroom technology market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.

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Sepsis Diagnostics Market Expected to Boost during 2018 To 2023

Market Scenario:

The development of diagnostic tools for a diverse range of ailments has facilitated the development of the sepsis diagnostic market as well. Market reports connected with healthcare industry have been offered by Market Research Future which creates reports on other industry verticals that intends to analyze the current market scenarios better.

The severity of the symptoms of sepsis necessitate the availability of accurate tests that can detect the ailment at the initial stages. The sepsis diagnostic market is expected to be motivated by the escalating level of investments from industry players. The enhanced collection of patient outcome information and incorporation into medical records is anticipated to additionally inspire the expansion of the sepsis diagnostic market in the forecast period.

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The market is on track to attain an 8 % CAGR while earning USD 710 million in the forecast period.

Competitive Analysis

The current implementation of strategies is expected to motivate the market in the impending years. The development of a strong value chain is moreover motivating the expansion of the market. The vertical additions and product tactics of the market are enhancing the potential of the market companies. Substantial cutbacks in administrative budgets are bringing further development of the market. The augmented conformity of market players to new clients and market trend predispositions are advancing the growth curve of the market and will continue in the forecast period. The calculated goals envisioned for the market are buoyed due to useful product differentiation supported by market contestants. The expansion of the market is moving in a favorable direction due to original product introductions or escalating gross revenue of the players in the market.

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

Segmental Analysis

The segmental analysis of the sepsis diagnostics market has been carried out on the basis of technology, product type, end-user, and region. Based on technology, the sepsis diagnostic market consists of biomarkers, molecular diagnostics, immunoassays, and others. By type of products, the sepsis market is segmented into instruments, kits, blood culture media, and others. Based on end users, the sepsis diagnostic market is segmented into specialty clinics, hospitals, pathology laboratories, diagnostic centers, and others. The regions that are considered in the sepsis diagnostic market are the Americas, Europe, Asia Pacific, Middle East, and Africa.

Detailed Regional Analysis

The region-based study of the sepsis diagnostic market includes regions such as Americas, Europe, Asia Pacific, Middle East, and Africa. The North American region is the major market for medical tourism which is expected to motivate the development of the sepsis market in the forecast period. The North American market for sepsis diagnostics is anticipated to achieve USD 320 million by the end of the forecasted period. The European region is the next prime market for sepsis diagnostics which is anticipated to develop at the CAGR of 6.8%. While the Asia Pacific region is anticipated to be the most rapidly growing region in sepsis diagnostics market.

Industry Updates:

Dec 2018 Beckman Coulter, which is an international leader in the clinical diagnostics industry has announced that it is joining forces with Sepsis Alliance, the nation's leading sepsis organization, to support the Sepsis Coordinator Network. The pioneering online, peer-to-peer alliance for healthcare professionals, the Sepsis Coordinator Network is dedicated to saving lives by advancing patient results.

May 2018 Mobidiag, a Finnish firm, has obtained funding to creäte a rapid molecular sepsis assay on its Novodiag system. The fresh funding comprises of a €1.5 million ($1.74 million) loan for the first year of the project provided by Business Finland, a funding agency previously known as Tekes.

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Thursday, 28 February 2019

Heart Tumor Market in depth study and analysis published, 2018

Heart Tumor Market Scenario

Cardiac tumors is a rare disease that aredifficult to diagnose. They are divided on the basis of type into primary and secondary tumors. The prevalance of the secondary tumors is higher than the primary tumors. Majority of the primary cardiac tumors are benign in origin. The high incidences of metastatic tumors is attributed to various types of cancers such as lung, breast, renal cancer, lymphomas and melanomas. Clinical manifestations of these tumors generally based on the size and location of the tumors and spread to the adjacent tissues rather than the type of the tumor itself. Echocardiography is the major tool used for diagnosis of the tumors. Other imaging modalities include cardiac MRI, cardiac CT, and 3D echocardiography, which may offer some additional information with histological examination.

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According to the surgery and autopsy reports, primary cardiac tumors are rare with an incidence rate of about 0.3%-0.7%. Malignant primary cardiac sarcomas are usually located in the right atrium of the heart and are most commonly angiosarcomas. The malignant primary cardiac tumors are often diagnosed in young patientswho have a poor prognosis and survival rate of only 10% According to the WHO, the prevalence of melanoma skin cancers has been increasing from the past few decades. Furthermore, 132,000 melanoma skin cancers cases are reported each year across the globe.
A small percentage of cardiac tumor cases are hereditary, the tumors can also be associated with another health condition, such as LAMB Syndrome, Carney Syndrome or NAME Syndrome. However, most often, the tumor develops without being associated with any health condition or presence of a family history. They result from cell overgrowth but mostly cardiac tumors results from metastatic condition, where cells from other cancerous organ such as lung and breast, soft-tissues and metastasizes to the heart.

The Global Heart Tumor Market is expected to grow at a CAGR of approximately 7.1% during the forecast period 2017-2023.

Heart Tumor Market Key Players

Some of key the players in the Global heart tumor market are Tomtec Imaging Systems GmBh, Koninklijke Philips N.V., Siemens Healthineers, Circle Cardiovascular Imaging Inc., Toshiba Corporation, Shimadzu Corporation, CardioComm Solutions Inc., Integer Holdings Corporation, Pie Medical Imaging, HeartSciences, 3mensio Medical Imaging, and eMedica, S.L.

Heart Tumor Market Segmentation

The heart tumor is segmented on the basis of type, diagnosis, treatment.

On the basis of the type, the market is segmented into primary tumors and secondary tumors. The primary tumors are divided into benign and malignant. The benign tumors is further categorized into myxoma, papillary heart tumors, fibromas, rhabdomyomas, angioma, and lipomas. The malignant tumors are divided into rhabdomyosarcoma, mesenchymomas, neurosarcoma, fusiform cell tumors, malignant heart hemangioma, and lymphosarcoma. The secondary tumor is categorized into metastatic and contiguity. The metastatic secondary tumors are divided into hematogenic and lymphatic and the contiguity is sub categorized into mediastinal tumors, lung tumors and oesophageal, or cardia tumor.

On the basis of the diagnosis, the market is classified into echocardiogram, Computed Tomography (CT) scan, Magnetic Resonance Imaging (MRI), radionuclide imaging, Position Emission Tomography (PET) Scan, myocardial biopsy, cardiac catherization, and electrophysiology test.

On the basis of the treatment, the market is classified into surgery, chemotherapy, radiation therapy. Furthermore, the surgery is further categorized into open heart surgery, minimal invasive surgery, and heart transplant surgery

International Heart Tumor Market Regional Analysis

The global heart tumor market consists of four major regions: the Americas, Europe, Asia Pacific, and the Middle East and Africa. The Americas dominate the market owing to the rising awareness among people and increasing healthcare expenditure. The type of tumors also aids in selection of treatment procedure. For instance, in patient with heart cancers, the results of cardiac imaging could be used to see if the the tumor is spread to the adjacent tissues, which can be further used to remove the portion by performing excision surgery or pursuing treatment with medications.

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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 Restrains

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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The growing demand for outpatient surgeries and increasing preference of specialized cardiac imaging devices are some of the major factors intended to cost-effective technology, which further drives the demand for heart tumor treatment in the European region.
Increasing prevalence of metastatic tumors, which require surgical procedures and growing medical tourism in Asia Pacific region are favoring the growth of this market. According to the WHO estimate, 75% of the cardiovascular diseases occur are in low and middle income regions including Asia Pacific and the Middle East and Africa regions.

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Spongiform Encephalopathy Market Segmentation Detailed Study with Forecast Up To 2018

Market Scenario

Transmissible Spongiform Encephalopathy (TSEs) is a group of neurodegenerative diseases that affect central nervous system (CNS) and more specifically the brain and spinal cord. In addition to humans, this condition also affects certain animal species such as sheep, goats, felines, mink, cattle, and deer. Transmissible spongiform encephalopathy is also known as prion disease, as prions are believed to be the causative agent of (TSEs). Prions are transmissible pathogenic agents that are able to induce abnormal folding of some normal cellular proteins i.e. prion proteins. Prion proteins are the most abundantly found in the brain. The most commonly known prion diseases in humans, are Fatal Familial Insomnia, Creutzfeldt-Jakob Disease (CJD), Gerstmann-Straussler-Scheinker Syndrome, and Kuru; most commonly identified animal prion diseases are Transmissible mink encephalopathy, Bovine Spongiform Encephalopathy (BSE), Scrapie, and others.

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According to a study published in InTechOpen in 2017, it is found that in only 5 cases of BSE worldwide were reported in 2015, out of which, three were in Europe, one in Norway, and one in Canada. It is also reported that in the year 2016, two cases in France and Spain, and one in Ireland have been reported.

Various push factors such as, increasing awareness among people, increasing government assistance, and improvement in regulatory framework continuously contribute to the growth of the global spongiform encephalopathy market.

However, challenges in research and development, and poor healthcare system in low and middle-income countries may hinder the growth of the market to an extent over the review period.

It is estimated that spongiform encephalopathy market is expected to grow at a CAGR 6.1% during the forecast period of 2017-2023.

Key Players

Teva Pharmaceuticals, Abbvie, Adamas Pharmaceuticals, Inc., Newron Pharmaceuticals SPA, F. Hoffmann-La Roche Ltd., Abbott Laboratories, Lonza, Merck KGaA, Thermo Fisher Scientific Inc., and others.

Regional Analysis

The Asia Pacific is the fastest growing spongiform encephalopathy market owing to the huge patient pool and developing healthcare technology. Healthcare expenditure is also improving in various Asia Pacific countries. According to the Australian Institute of Health and Welfare, in the years 2015-2016, the total health expenditure was USD 170.4 billion, which is 3.6% higher than the year 2014-15.

Europe dominates the spongiform encephalopathy market owing to the high prevalence of bovine spongiform encephalopathy in European region, support provided by government bodies for research & development and improvement in reimbursement policies in healthcare will drive the market in Europe region

The Americas hold the second position in the spongiform encephalopathy market owing to the rising awareness among people, and high healthcare expenditure. According to the Centers for Disease Control and Prevention, in 2015, the total health expenditure in the U.S. was reported to be USD 3.2 trillion and hospital care accounted for a share of 32.3%.

The Middle East & Africa owns the least share of the global spongiform encephalopathy market due to lack of technical knowledge and poor medical facilities.

Segmentation

The spongiform encephalopathy market is segmented on the basis of type, diagnosis, treatment, and end-user.

On the basis of the type, the market is segmented into in humans, in animals. The human's segment is classified into Creutzfeldt-Jakob disease, Variant Creutzfeldt-Jakob disease (vCJD), others. The others segment includes Gerstmann-Sträussler-Scheinker disease, fatal familial insomnia, and kuru (Papua New Guinea). The animals segment is classified into bovine spongiform encephalopathy (BSE), Scrapie in sheep and goats, Chronic Wasting Disease (CWD), Feline spongiform encephalopathy, others. BSE is further classified into classical BSE and atypical BSE.

On the basis of the diagnosis, the market is classified into histopathology and immunohistochemistry, immunochemical detection methods, animal bioassays, cell culture assay systems, protein misfolding cyclic amplification, conformation-dependent immunoassay, capillary electrophoresis, fluorescent correlation spectroscopy, multispectral ultraviolet fluorescence spectroscopy, and Fourier transform infrared spectroscopy. Histopathology and Immunohistochemistry are further segmented into immunohistochemical staining and electron microscopy. Immunochemical Detection Methods is further segmented into Western Blotting Test, and Enzyme-Linked Immunosorbent Assay (ELISA).

On the basis of the treatment, the market is classified into small molecules, and immunotherapies. The small molecules are further classified into pentosan polysulfate, quinacrine, amphotericin B, and others. Immunotherapies are further classified into Antibody-based immunotherapies and Cell-Based Immunotherapies. Antibody-based immunotherapies include passive immunization, active immunization, and targeting disease-specific epitopes. Cell-based immunotherapies include DC vaccines and adoptive transfer of CD4+ T-cells.

On the basis of the end-users, the market is segmented into hospital & clinics, diagnostic centers veterinary hospitals, research & academic laboratories, and others.

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