Global Genotyping Market Growth Factors, Types And Application By Regional Analysis 2023

 The exclusive research report on the Global Genotyping Market 2020 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market.

Global Genotyping Market Research Report 2023 – To provide detail analysis of the market structure along with estimated future growth forecast for the next 6 years about various segments and sub-segments of the Global Genotyping Market. Experts analyze the Global Genotyping Market based on various factors – price analysis, supply chain analysis, Porters Five Force Analysis etc.

Also Read : https://www.medgadget.com/2019/06/genotyping-market-to-register-at-22-5-cagr-till-2023-with-global-players-as-beckman-coulter-inc-fluidigm-corporation-f-hoffmann-la-roche-ltd-general-electric-company-etc.html

The Global Genotyping Market is projected to have a healthy growth at an exponential 22.5% CAGR during the forecast period (2018-2023). Genotyping helps users in understanding a living organism’s genetic structure such as humans, animals, plants and microorganisms. It is basically an organism’s genetic mapping that includes both DNA sequencing as well as sequenced DNA’s analysis. Genotyping has various uses in medicine, agriculture and basic scientific research.

There are several factors that are driving the growth of the genotyping market. These factors according to the MRFR report include advancements in technology, rising prevalence of target diseases namely Alzheimer’s, diabetes and cancer, introduction of new technologies which reduce errors and offer effective results, increasing R&D activities in healthcare, rise in genetic ailments, surge in need for personalized medication and decrease in genotyping service price. On the contrary, factors such as dearth of skilled professionals and unfavorable reimbursement policies may hamper the growth of the genotyping market.

Key Players

Market Research Future (MRFR) recognizes the following companies as the key players in Genotyping Market: There are plenty of large and small market players which operate in this market all over the globe.

The key players in the global genotyping market include Affymetrix Inc. (USA), Agilent Technologies Inc. (USA), Beckman Coulter Inc. (USA), Fluidigm Corporation (USA), F. Hoffmann-La Roche Ltd. (Switzerland), General Electric Company (USA), Illumina Inc. (USA), Qiagen (Germany), Sequenom (USA), and Thermo Fisher Scientific Inc. (USA).

Latest Industry News

• NRGene and Macrogen Corp are set to launch a joint sequencing-based genotyping service, ArrayMAGIC. 12 JAN 2019
• In Cordova, robots and robotic body parts implanted into disabled humans are helping the scientific procedures. Robots have helped a genetic testing lab complete 20 millionth sample. 25 JAN 2019

Segments

Market Research Future report offers an all-inclusive segmental analysis of the genotyping market on the basis of product, end-user, application and technology.

Based on product, it is segmented into services, reagents and kits and instruments. Of these, reagents and kits will have the largest share in the market.

Based on end-user, the genotyping market is segmented into R&D centers, hospitals, diagnostic centers and academic institutes.

Based on application, it is segmented into personalized medicine, drug discovery and development, agriculture diagnostics and academic research. Of these, personalized medicine will lead the market and is expected to have the fastest growth.

Based on technology, the genotyping market is segmented into polymerase chain reaction (PCR), sequencing, microarray, mass spectrometry and capillary electrophoresis. Capillary electrophoresis is further segmented into single-strand conformation polymorphism (SSCP), restriction fragment length polymorphism (RFLP) and amplified fragment length polymorphism (AFLP). Microarrays is further segmented into peptide microarrays, MMChips, DNA microarrays and antibody microarrays. Sequencing is further segmented into sanger sequencing, pyrosequencing and next-generation sequencing. Of these, sequencing will lead the market during the forecast period.

Regional Analysis

The regional segmentation of the global genotyping market has segmented the global market into regional markets known as The Americas (North America & South America), Europe, Asia Pacific, and the Middle East & Africa (MEA). The Americas hold the largest market share of the global market as North America alone is capable of holding this share anyways. Due to technology, North America is a bigger market than South America. In North America, the market is growing due government support for R&D, increasing cases of genetic disorders, the availability of advanced medical facilities, and the presence of many key market players. In North America, the vital country-specific markets are USA and Canada. In South America, Argentina and Brazil are two strong economies that can be suitable markets in the future.

Europe is a major regional market due to the well-established healthcare sector. In this region, the market is growing due to various governments funding the R&D, presence of many key market players, rising investment into R&D by pharmaceutical companies, and the availability of advanced medical facilities that are second only to North America. In Europe, due to reasons same as The Americas, Western Europe is a bigger market than Eastern Europe. The country-specific markets France, Germany, Italy, Spain, and the UK, followed by the remaining countries of Western Europe as well as Eastern Europe.

During the forecast period, the Asia Pacific region has been anticipated to rise as the fastest-growing regional market. In the Asia Pacific region, the market is growing due to increasing disposable income, rising investment by market players in this region, the presence of stable healthcare sector that is growing gradually, and lastly, supportive government policies. The key country-specific markets in this region are Australia, China, India, Japan, and South Korea, followed by the remaining countries of the Asia Pacific region.

The MEA region is the smallest regional market. In this region, the market is small and limited due to poor countries, lack of awareness, lack of advanced medical facilities, low standard of medical facilities, lack of education, lack of healthcare facilities, and most governments not considering healthcare a priority.

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Global Ultrasound Probe Disinfection Market Growth Factors, Types And Application By Regional Analysis 2023

 An expert on premium research reports, Market Research Future has added a report titled "Global Ultrasound Probe Disinfection Market 2023" to its offering.

Ultrasound Probe Disinfection Market was estimated USD 314.1 million in 2018 and expected to reach USD 819.1 million by 2023 at a healthy CAGR of 21.1% by 2023.

 The need to ensure sanitary conditions related to the use of medical devices is motivating the demand for ultrasound probe disinfection. Reports that evaluate the medical device industry have been presented by Market Research Future, which generates reports on industry verticals that assess the market development and prospects.

Also Read : https://www.medgadget.com/2019/10/ultrasound-probe-disinfection-market-2019-size-overview-revenue-growth-challenges-and-opportunities-till-2023-steris-nanosonics-tristel-ecolab-schulke-mayr-etc.html 

Contamination of medical instrument is a key cause for infections in the healthcare setup, which is reinforcing the demand of the ultrasound probe disinfection market. The increased incidence of ultrasound imaging procedures is expected to additionally reinforce the growth of the market in the approaching period.

Key Players for Global Ultrasound Probe Disinfection Market

The variations in the income levels globally are backing the growth of the market substantially. The upsurge in personal discretionary spending is projected to lead to the development of the market. The economies around the world are responding to the market forces by applying advantageous policies and cutbacks so as avert a slowdown in the advancement of the market. The improvement of the distribution channels in the market is anticipated to stimulate market growth considerably. The beneficial nature of the monetary and fiscal policies is expected to tip towards strong growth in the market. Moreover, the escalation in international transactions is estimated to reinforce the development of the market noticeably. The optimistic effect exerted by governments in the progress of the market is anticipated to direct the market towards robust development in the approaching years. The volatility perceived in the forces that are supporting the growth of the market is expected to lead to a rather slow pace of growth.

Some of the key players in the global ultrasound probe disinfection market are

• STERIS (UK),
• Nanosonics (Australia),
• Tristel (UK),
• Ecolab (US),
• Schülke & Mayr (Germany),
• Advanced Sterilization Products (US),
• CIVCO Medical Solutions (US),
• Germitec (France),
• Parker Laboratories (US),
• CS Medical (US),
• Virox Technologies (Canada), 
• Metrex Research (US)

Segments for Global Ultrasound Probe Disinfection Market

The Global Ultrasound Probe Disinfection Market is segmented on the basis of product, probe type, by process and end-user. The ultrasound probe disinfection market, by product, is segmented into instrument, service, and consumables. The instrument is segmented into automated probe reprocessors, UV-C disinfectors, manual reprocessors/soaking stations, and ultrasound transducer storage cabinets. The consumables are sub-segmented into formulation, type of disinfectants, and detergents. The disinfectants, by formulation, is segmented into disinfectant wipes, disinfectant liquids, and disinfectant sprays. By type, consumables are segmented into high-level disinfectants, and intermediate/low-level disinfectants and detergents are segmented into enzymatic detergents and non-enzymatic detergents.

By probe type the market is segmented into linear transducers, convex transducers, phased array transducers, endocavitary transducers, transesophageal echocardiography transducers| (TEE), and other. On the basis of process, the market is segmented into high-level disinfection and intermediate/low-level disinfection. On the basis of end-user, the market is segmented into hospitals and clinics, diagnostic centers, ambulatory care centers, academic & research institutes, and others.

Regional Analysis for Global Ultrasound Probe Disinfection Market

The Americas leads in the market owing to the increasing prevalence of rising incidence of bacterial infection, increasing research & development in ultrasound probe disinfection and growing healthcare expenditure. According to the Consumer Report Organization and Centers for Disease Control and Prevention (CDC)  July 2015 publication, it is estimated that every year approximately 648,000 patients in the US got infected by bacteria during a hospital stay, and around 75,000 died. The increasing incidences of bacterial infection may support this market positively.

Europe is the second largest ultrasound probe disinfection market during the forecast period due to increasing prevalence of human papillomavirus (HPV). The human papillomavirus is a skin to skin transmitted disease. According to the Oxford Vaccine group fact sheet, HPV infection causes cervical cancers. It was also reported that 99% of cervical cancers are caused by the Human Papillomavirus (HPV) infection. Furthermore, it was also maintained that 3,126 new cases of cervical cancer were reported in the UK in 2015. The increasing prevalence of HPV infection supports the market growth in this region.

Asia-Pacific was estimated to be the fastest growing region for the global ultrasound probe disinfection market in 2017. The market is expected to witness high growth owing to the rising prevalence of bacterial infections. The Middle East and Africa holds the low share for this market. However, the rising healthcare awareness at the hospital and in the community are expected to influence the market positively.

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Global Liquid Handling System Market 2020 Analysis By Manufacturers, Latest Trends, Competitive Landscape And Strategies

 This study covers the market dynamics and trends in major countries that are expected to influence the current market scenario and future status of the Global Liquid Handling System Market over the forecast period.

Key Players for Global Liquid Handling System Market

Market Research Future (MRFR) recognizes the following companies as the key players in Liquid Handling System Market: There are plenty of large and small market players which operate in this market all over the globe.

Some of the prominent players in the Global Liquid Handling System Market are Agilent Technologies, Danaher Corporation, Thermo Fisher Scientific, Inc., Eppendorf AG, Tecan Group Ltd., Bio-Rad Laboratories, Sartorius AG, Mettler-Toledo International Inc., PerkinElmer, Inc., Corning Incorporated, and Hamilton Company.

Also Read : https://www.medgadget.com/2019/04/liquid-handling-system-market-2019-growth-factors-details-recent-industry-status-competitors-analysis-by-region-and-forecast-2023.html

Liquid Handling System Market – Overview

The Global Liquid Handling System Market is anticipated to hold a market value of USD 2.95 billion in the year 2017 and is expected to grow at a CAGR of 8.7% during the forecast period. Liquid handling system is generally used in the pharmaceutical, life science, or biochemical laboratories. The liquid handling system can perform simple, monotonous routine tasks as well as complex pipetting task efficiently.

The growing investments in drug development, increasing demand for high-output screening, rising expenditure on research & development (R&D), and increasing adoption of automation in clinical settings are anticipated to propel the market growth during the assessment period. According to the data by The World Bank, the research and development expenditure (as % of Gross Domestic Product) was 1.70% in the United Kingdom in 2015. On the other hand, the high cost associated with the liquid handling systems and complex operability of the latest liquid handling systems may hamper the growth of the market over the forecast period.

Currently, a large number of companies are engaged in developing liquid handling systems. For instance, Microlab VANTAGE, Microlab STAR, and Microlab NIMBUS are some liquid handling systems developed by Hamilton Company.

Segments for Global Liquid Handling System Market

The Global Liquid Handling System Market has been segmented into type, product, application, and end user.

The Global Liquid Handling System Market, on the basis of type, has been segmented into manual, automated, and electronic liquid handling system. The electronic liquid handling system segment held the largest market share in 2017 due to the high accuracy and reproducibility offered by the electronic liquid handling system.

The Global Liquid Handling System Market, on the basis of product, has been segmented into pipettes, consumables, microplate reagent dispensers, liquid handling workstations, burettes, software, and others. The pipette segment has been segmented into manual pipettes, electronic pipettes, and semi-automated pipettes. The consumables segment has been segmented into disposable tips, tubes and plates, reagent containers, and others.

The global market, on the basis of application, has been segmented into drug discovery, genomics, clinical diagnostics, proteomics, and others. The drug discovery segment has been segmented into ADME screening, high-throughput screening (HTS), compound weighing and dissolution, and others. The genomics segment has been segmented into genotyping, next-generation sequencing (NGS), polymerase chain reaction (PCR), DNA/RNA purification, and others. The clinical diagnostics segment has been segmented into sample preparation, ELISA, and others.

The global market, by end user, has been segmented into pharmaceutical & biotechnology companies, contract research organization (CRO), and others.

Regional Analysis for Global Liquid Handling System Market

Geographically, the Americas is expected to dominate the global market owing to the presence of well-established healthcare sector, the high adoption rate of advanced technologies, and rising healthcare expenditures. Europe is anticipated to be the second largest market in the global liquid handling system market owing to the increasing R&D activities and continuously growing biopharmaceutical sector. Asia-Pacific region is anticipated to be the fastest growing region due to the improving scenario of life sciences-related research, increasing development in the healthcare sector, and rising government investments in the biotechnology and pharmaceutical sector. Furthermore, the Middle East & Africa has the lowest share of the global liquid handling system market.

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International Electrical Hospital Beds Market And Prominence 2023 On Consumer Needs, Revenue, Pricing Strategy And Growth Rate

 Market Research Future with their unique quality of simplifying the market research study, announces a deep study report on “Electrical hospital beds Market Research Report - Forecast to 2023” Gives industry size, top players and worldwide demand

Electrical hospital beds are vital equipment which assist patients with chronic diseases or serious injuries to get into a comfortable position. These beds have the capability of lowering or raising individuals with the help of an apparatus.

The Global Electrical Hospital Beds Market is predicted to exhibit a 7.25% CAGR from 2018 to 2023 (forecast period), as per the latest report by Market Research Future (MRFR) owing to the expanding geriatric populace.

The report offers a comprehensive analysis on the profiles on these market players and assesses their current standing in the market. Company history coupled with annual turnover, profit margins, segmental share, SWOT analysis, growth strategies, expansion techniques, and latest R&D initiatives are discussed in minute detail.

Also Read : https://www.medgadget.com/2018/11/the-global-electrical-hospital-beds-market-on-quality-reliability-and-innovations-in-technology-research-stated-by-market-research-future-with-a-7-25-cagr-till-2023.html

Competitive Landscape

Prominent players in the electrical hospital beds market include Gendron, Inc. (U.S.), Span America Medical System, Inc. (U.S.), Stryker Corporation (U.S.), Merivaara Corporation (Finland), Invacare Corporation (U.S.), Famed Zywiec Sp.zo.o. (Poland), ArjoHuntleigh (Sweden), Amico Group of Companies (Canada), Linet spol.s.r.o. (Czech Republic), Paramount Bed Holding Co., Ltd. (Japan), Midmark Corporation (U.S.), Hill Room Holding (U.S.), Medline Industries, Inc. (U.S.), Getinge AB (Sweden), and Malvestio Spa (Italy).

The electrical hospital beds market can be segmented by type, treatment, application, and end-user.

By type, the market is segmented into semi-automatic and fully automatic. The fully automatic segment accounted for 55% share in 2017, while the semi-automatic segment accounted for 45% share in the same year. The fully automatic segment is projected to experience a 8.83% CAGR over the forecast period owing to its extensive features such as controlling the lower part of the bed.

By treatment, the market covers acute care, critical care, and long term care. The critical care segment is expected to enjoy an 8.03% CAGR over the forecast period. It had dominated the market in 2017 owing to the sharp rise of electrical beds in intensive care units.

Major market applications include general purpose, intensive care, delivery/birthing, bariatric, pediatric, pressure relief, and psychiatric care. The general purpose segment accounted for the highest market share in 2017, followed by the intensive care segment. It is predicted to reign in the electrical hospital beds market over the assessment period owing to its high usage in sports academies, old age homes, rehabilitation centers, and others.

End-users in the electrical hospital beds market include hospitals and clinics, reproductive care centers, home care, and dentistry. Among these, the hospitals and clinics segment accounted for 40% market share in 2017, followed by reproductive care, dentistry, and home care segments. It is predicted to experience a 7.25% CAGR over the forecast period.

The segments covered in the electrical hospital beds market report are analyzed with respect to four main regions namely – Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA), with respective country-level market sizing. The report discusses in detail the various players residing in these regions and their respective strategies to climb up the market ladder.

Analysis Period

• Base Year – 2017
• Projection Period – From 2018 to 2023
• Market Denomination – USD Million
• Conversion Rate – Considered as per the respective financial years

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Worldwide Paraneoplastic Syndrome Market Witness A Remarkable Growth Projected By 2023

 Market Research Future adds the “Paraneoplastic Syndrome Market Research Report - Forecast to 2023” report to their unique collection.

According to Market Research Future (MRFR), the global paraneoplastic syndromes market is expected to grow significantly over the forecast period. The report covers the COVID-19 analysis of the global paraneoplastic syndromes market. It offers a comprehensive description of market segments, current trends, growth, market predictions, and challenges from 2018 to 2023 (forecast period) to define current market opportunities.

Also Read : https://www.benzinga.com/pressreleases/20/07/ab16558046/covid-19-outbreak-impact-on-paraneoplastic-syndrome-market-size-2020-analysis-by-segment-global-i

A paraneoplastic syndrome is a rare group of disorders caused by an abnormal response of the immune system due to neoplasm. This syndrome often occurs when cancer-fighting antibodies mistakenly target normal cells in the nervous system. The prevalence of this disorder can usually be seen in the middle-aged population. This syndrome often occurs in patients with lung, ovarian, or breast cancer. 

Paraneoplastic Syndrome Market Dynamics

Numerous factors are anticipated to propel this market’s growth, such as an increase in the prevalence of cancer, tobacco consumption, an unhealthy lifestyle, an increase in the geriatric population, and an increase in breast cancer among women. The growth of this market is expected to be driven by increased collaboration between various research institutes to develop novel diagnostic techniques for the diagnosis of paraneoplastic syndrome.

Despite the drivers, factors such as the unfavorable reimbursement scenario and strict regulatory policies can impede the growth of the market during the forecast period. 

Paraneoplastic Syndrome Market Segmentation

The global market for paraneoplastic syndrome has been segmented into types, diagnosis, treatment, and end-users. 

Based on types, the global market for paraneoplastic syndrome has been segmented into cutaneous paraneoplastic syndrome, gastro-intestinal paraneoplastic syndrome, hematologic paraneoplastic syndrome, endocrine paraneoplastic syndrome, renal paraneoplastic syndrome, rheumatologic paraneoplastic syndromes, and neurologic paraneoplastic syndrome.

Based on the diagnosis, the global market for paraneoplastic syndrome has been segmented into blood tests, imaging tests, and spinal tap (lumbar puncture). Imaging tests are further divided into magnetic resonance imaging (MRI), computerized tomography (CT), positron emission tomography (PET), and PET plus CT.

By treatment, the global market for paraneoplastic syndrome has been segmented into medication and therapies. Medication is further divided into corticosteroids, immunosuppressants, anti-seizure medications, plasmapheresis, and intravenous immunoglobulin (IVIg). Based on therapy, the market is further sub-segmented into physical therapy and speech therapy.

Based on end-user, the global market for paraneoplastic syndrome has been segmented into hospitals and clinics, diagnostic centers, and ambulatory care centers. 

Paraneoplastic Syndrome Market Regional Analysis

Region-wise, the global paraneoplastic syndrome market has been segmented into the Americas, Europe, Asia Pacific, and the Middle East and Africa.

The Americas are expected to drive the global market for paraneoplastic syndrome. Market growth in this area is due to a growing geriatric population with a paraneoplastic disorder, investment in research and development, and technological advancements. Nevertheless, the growing acceptance of novel neurological diagnosis tools in this region boosts the demand in this region.

Europe is projected to be the second-largest market in the world due to a growing number of geriatric populations, a rise in government spending on autoimmune disorders, the growth of disposable income, and an increase in tobacco consumption in the region.

The Asia Pacific is projected to be the fastest-growing market due to the rising prevalence of paraneoplastic disorders and cancer-related problems in emerging countries, increasing disposable incomes, and increasing spending on healthcare.

The Middle East and Africa are projected to have the lowest market share in the global market for paraneoplastic syndrome due to low development, lack of technical expertise, and weak medical facilities in developing economies in the region. 

Paraneoplastic Syndrome Market Key players

Some of the key players identified by MRFR in the global paraneoplastic syndrome market are NeuroLogica Corporation, Healthineers, Koninklijke Philips N.V., General Electric Company, York Instruments Ltd., Masimo Corporation, Neusoft Medical Systems, Esaote SpA, and Canon Medical Systems Corporation.

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Dental Industry Market: Detailed Segmentation and Forecast 2023

 Dental Industry Market Analysis 

The global dental industry market is likely to grow at a 7.6% CAGR between 2018- 2023, as per the new report by Market Research Future (MRFR). The dental industry market comprises instruments, devices, treatment, and diagnosis associated with oral health. There are numerous problems related to oral health like discoloration or brown color in teeth, teeth cavity, pigmentation in gums, and others that are treated under the dental industry market.  

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Various factors are adding to the global dental industry market growth. Such factors, according to the new MRFR report, include rising geriatric population, the inclusion of 3D technology, increasing per capita income, better technological support, and rising cases of oral disease. Besides, demand for various dental procedures, rising prevalence of gum disease and oral cavity cancer & gum diseases, rise in technology, increasing awareness about oral health, consumers rising disposable income, changing lifestyles, and participation of health insurer reimbursements are also adding market growth. 

On the contrary, low dental insurance coverage may limit the dental industry market growth over the forecast period.  

Dental Industry Market Segmentation 

The MRFR report offers an inclusive segmental analysis of the global dental industry market report based on end users, discipline, and consumables. 

By discipline, the global dental industry market is segmented into oral surgery, prosthodontics, orthodontics, restorative dentistry, endodontics, and periodontics.  

By consumables, the dental industry market is segmented into endodontic supplies, dental anesthetic, dental syringe, dental biomaterial, gingival retraction material, dental burs, and whitening material. Dental biomaterial is again segmented into regenerative tissue material, dental cement, and dental bone graft. Gingival retraction material is again segmented into gingival retraction cap/gels/paste, gingival hemostatic agents, and gingival retraction cord. Dental anesthetic is again segmented into non-injectable anesthetic, topical anesthetics, and injectable anesthetic. Dental syringe is again segmented into non-disposable syringes and safety syringes/disposable syringes. Endodontic supplies are again segmented into cement and files.  

By end user, the dental industry market is segmented into research institutes, dental hospitals and clinics, and dental institutes and dental academics.  

Dental Industry Market Regional Analysis 

Based on the region, the dental industry market report covers the recent trends & growth opportunities across the Americas, Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the Americas will dominate the market over the forecast period for a huge patient pool having different oral issues, presence of several market players, and demand for cosmetic surgery. Additional factors adding market growth include easy inclusion of technologies, infrastructural backing, and better scope for investment. Canada & the US are the chief contributors in the region for the rising number of patients needing help from dentists.  

The dental industry market in Europe is predicted to hold the second-largest share over the forecast period. Factors adding to the dental industry market growth in the region include gum problems, increasing tobacco consumption, and rising geriatric population. Besides, technological inclusion, better investment capacity, and Hungary being the dental tourism hub are also adding market growth.  

The dental industry market in the APAC region is predicted to grow at the fastest pace over the forecast period for the changes in infrastructure and rising investments in the healthcare sector. Australia, Japan, India, and China are the chief contributors in the region.  

The dental industry market in the MEA is predicted to have slow growth over the forecast period for the presence of countries that are economically poor. 

Dental Industry Market Competitive Landscape 

Leading players profiled in the global dental industry market report include Biomet, Zimmer Kangda Medical, 3M Company, Ultradent Products Inc., Young Innovations Inc., Patterson Companies Inc., Dentsply Sirona, Ivoclar Vivadent AG, Nakanishi Inc., Henry Schein Inc., and Hu-Friedy Mfg Co. Industry players have incorporated several strategies to stay ahead in the competition, such as geographic locations, mergers and acquisitions, expansions, joint ventures and collaborations, new product launch and development, contracts, and extensive R&D. 

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Urinary Catheters Market Ready for a Record Breaking Growth by 2023

 

Market Highlights

The global urinary catheters market held a market value of USD 1,103 million in 2017 and is projected to grow at a CAGR of 7.8% over the forecast period. 

The increasing prevalence of chronic renal diseases across the globe is one of the major factors for increasing the demand for urinary catheters. According to the International Agency for Research on Cancer, 430,000 new cases of bladder cancer was registered in 2012. Due to rapid economic growth, increasing spending on healthcare, and government support to provide affordable medical facilities to the public are major factors that are driving the demand for urinary catheters in this market. Emerging markets are showing tremendous growth rate in all segments of the healthcare sector. Top players are focusing on this region and investing a large amount of money for research, new product development and business expansion due to its high growth potential. 

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Regional Analysis

On a regional basis, the Americas is anticipated to dominate the global urinary catheters market owing to the growing R&D budgets by both governments as well as commercial pharmaceutical and biotechnological companies and increasing adoption of advanced technologies in the region.    

Europe is expected to hold the second largest position in the global urinary catheters market owing to the presence of strong academic & research base and availability of funding for research in the European countries. Asia-Pacific is witnessing the fastest growth rate in global urinary catheters market. This fast growth is expected due to; rapidly developing healthcare sector, changing healthcare practices, rapid urbanization, rising healthcare expenditure, and increasing prevalence of urologic diseases. Lack of safe drinking water is leading to various chronic diseases in this region. According to the World Health Organization, around 600 million people in this region don’t have access to an improved source of drinking water. Government and NGOs are taking various initiatives like providing subsidies, affordable healthcare, and awareness programs are another important factor for the growth of the Asia-Pacific urinary catheters market. In India, the government is providing affordable insurance to the common public. The Indian government is also planning a public-private partnership to improve public healthcare facilities. Australia announces an investment of USD 5.25 million for R&D and clinical trials. India encouraging research by exempting academic institutions from the requirement of compulsory permission from government agencies for clinical trials.  

The Middle East & Africa has the least share of the global urinary catheters market.  Moreover, the major market share of the region is expected to be held by the Middle East region owing to the increasing government initiatives for the healthcare sector.

Segmentation

The global urinary catheters market has been segmented into type, product, gender, indication, and end user. 

By type, the market has been segmented into coated catheters and uncoated catheters.

Based on product, the market has been segmented into Intermittent catheters, indwelling catheters, and external catheters.

The market, by gender, has been segmented into male urinary catheters and female urinary catheters.

The market, by indication, has been segmented into benign prostatic hyperplasia, spinal cord injuries,

urinary incontinence, and general surgery.

The market, by end user, has been segmented into hospitals & clinics, research organization & academic institutes, and others.

Key Players

Some of the prominent players in the global urinary catheters market are Boston Scientific Corporation, Coloplast A/S, ConvaTec Group PLC, Werkomed Pty Ltd, B. Braun Melsungen AG, DISA Vascular, Medloyd Healthcare, Terumo Europe NV, Teleflex, Medtronic, C.R. Bard, Inc., Wellspect Healthcare (A Subsidiary of Dentsply IH Ltd.), Bactiguard Holding, Cook Medical, Hollister Incorporated, Rochester Medical Corporation, and others.

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