Tuesday, 17 November 2020

Astigmatism Market – Product Development is the best strategy for market position; Forecast till 2022

 Market Overview:

Astigmatism is the situation in which patient suffered with blurred vision. It is a refractive error condition in which eyes not able to focus light evenly onto the retina. Normally astigmatism is occurring with condition like myopia and hyperopia, these both condition causes refractive errors because they affect how the eyes bend or “refract” light. It can be diagnosed by eye exam, and treatment depend upon the condition of astigmatism. There are two treatments are available for the common levels of astigmatism that are corrective lenses and refractive surgery. According to American Academy of Ophthalmology, in the United States 1 in 3 people may suffer with astigmatism and it may occur in combination with near- or farsightedness. Also, according to a report published by the Centers for Disease Control and Prevention in 2015, Around 11 million population of Americas of age 12 years and above improve their vision through proper refractive correction and more than 3.3 million Americans aged 40 years and older are either legally blind or are with low vision.

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Global Astigmatism Market – Overview

The global astigmatism market is showing the significant growth; mainly due to increase in the ageing population, eye injury, eye disease, and surgery. Companies are showing much interest toward the astigmatism market, as they feel there are huge opportunities and gaps between the market demand and supply of effective treatments. Thus, companies are showing more interest in research and development activities for introducing best treatment that meets the requirement of market. The development has been made by Novartis AG in 2017, Alcon is the division of Novartis and consider as a global leader in eye care, introduce AcrySof IQ PanOptix Toric presbyopia- and astigmatism-correcting intraocular lens (IOL) for patients with pre-existing corneal astigmatism undergoing cataract surgery. Also, in 2018, Johnson & Johnson Vision announced the launch of expanded parameters for 1-DAY ACUVUE MOIST Brand Contact Lenses for astigmatism in the United States. These inventions help companies to meet the requirement of the market and maximize the profit share across the globe. Moreover, in 2017, Bausch & Lomb Incorporated division of Valeant Pharmaceuticals International, Inc. introduce Biotrue ONEday for Astigmatism daily disposable contact lenses in 20 countries of Europe. Novartis AG and Johnson & Johnson are trying to feel the gap along with market players such as SeaVision USA, Bausch & Lomb Incorporated, CooperVision, Inc., Orion Vision Group.

Novartis AG (Switzerland), SeaVision USA (U.S.), Johnson & Johnson Services, Inc. (U.S.), Bausch & Lomb Incorporated (U.S.), CooperVision, Inc. (U.S.), Orion Vision Group (Georgia) are some of the leading players at the cutting edge of the competition in the market of astigmatism, globally.

Global Astigmatism Market   – Regional Analysis

The market of astigmatism is much higher in the Americas region. There are several factors for tremendous growth of the astigmatism market in this region such as growing ageing population, presence of major market players, and increasing awareness about astigmatism. According to reports published by the Centers for Disease Control and Prevention in 2015, Around 1.8 million Americans aged 40 years and above are affected by AMD and an additional 7.3 million with large drusen are at substantial risk of developing AMD.

Europe is also considering the huge market for astigmatism players, owing to present of the huge ageing population. Moreover, the population within the reason are more aware about the healthcare in comparison to another region like Asia Pacific and The Middle East and Africa.

Asia Pacific and the Middle East and Africa region are considering the big opportunity for the market players owing to the presence of the high patient population. Whereas country like India and china of Asia Pacific region are considering fastest growing region owing to the presence of active government towards health care. These countries are open to adopt new treatment from developing countries in order to improve the quality of life for their citizen. Japan is a well-developed country and have well established healthcare system and technology, whereas developing countries are still focusing on new technology, which lead to increase in the demand for various astigmatism treatment. Most of the countries of these regions such as India and China are investing more into research and development activity for introducing better treatment at nominal price.

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Global Latex Allergy Market is Expected to Experience Immense Growth During 2020 – 2023

 Overview:

The global latex allergy market is expected to grow with a steady CAGR during the forecast period (2016-2022), claims Market Research Future (MRFR) in a well-studied report. Exposure to substances made of latex (natural rubber) can trigger an allergy in a person by directly affecting that person’s immune system. This leads to the release of antibodies and antihistamines which causes itchy hands, skin rash, hives, and eczema. People who use it continually may find this type of allergy troubling them more. For instance, workers in the healthcare industry can get affected by this disease more than the regular populace. A study by Centers for Disease Control and Prevention reveals, 8 to 12% of healthcare workers are susceptible to this allergy, compared with 1 to 6% of the general population. This type of allergy can further enhance the chances of people getting affected by diseases such as Asthma, Rhinitis, Anaphylaxis, and others. 

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However, the disease can turn fatal if the allergy causes anaphylaxis. Signs will be numerous. Only an appropriate measure can keep it in check.

Industry Trends:

The Association of Surgical Technologists has recently published the updated version of the guideline “Guideline for Best Practices for the Natural Rubber Latex Allergy Patient” to instruct healthcare personnel about the importance of safety while treating a patient in the operation theatre or anywhere.

Aterica Health Inc., a digital health company, based out of Canada, in 2017 developed Veta Smart Case & App, for EPIPEN auto-injectors which can assist patients with early detection of signs related to anaphylaxis, a disease mostly caused by allergies caused by latex.

Segmentation:

The global latex allergy market can be segmented by exposure type, diagnosis type, reaction type, and treatment.

Based on of exposure the market is segmented as latex gloves, food containing latex substances.

Diagnosis-type consists diagnosis type the market is segmented as skin test and allergy test.

On the basis of reaction type, the market is segmented into the systemic reaction, allergic contact dermatitis, irritant contact dermatitis, asthma, anaphylaxis, and rhinitis.

Type-based segmentation requires epinephrine injection, allergy medications: inhaler/albuterol, antihistamine, asthma medication, corticosteroids, etc.

Regional Analysis:

Geographically, the global latex allergy market envelops North America, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).

North America has taken a considerable lead in the global market by generating the maximum revenue share. Major pharmaceutical companies are based out of the U.S. owing to which the regional market is prospering. In addition, awareness related to such diseases and technological advancements in the healthcare sector coupled with the availability of possible alternatives to reduce the use of latex spur the market growth.

The APAC is expected to be one of the most significant regions. The huge population base is a major reason driving the market ahead. At the same time, the healthcare segment is also getting definite boosting.

Market Competition:

The market is densely packed with several international pharmaceutical companies constantly striving to stay afloat in this competition. New product launch, investment in research & developments, and merger & acquisitions are methods that the companies are applying to expand their market portfolio.

Some of the key players in this market are: 3M (USA), Alcon Inc. (US), Allerayde UK Ltd (UK), Allergy Hero (UK), Array BioPharma Inc. (US), AstraZeneca (UK), Aterica (Canada), Boehringer-Ingelheim (Germany), Dey Labs (US), GlaxoSmithKline (UK), Johnson & Johnson (US), Merck (US), Nektar Therapeutics (US), Novartis AG (Switzerland), Rocky Mountain Diagnostics (US), Sanofi (France), and others.

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Tetanus Treatment Market to Witness an Outstanding Growth by 2022

 Market Scenario:

Tetanus is an infection caused by bacteria called Clostridium tetani. When the bacteria invade the body, they produce a poison (toxin) that causes painful muscle contractions. Tetanus is different from other vaccine-preventable diseases because it does not spread from person to person. The bacteria are usually found in soil, dust and manure and enter the body through breaks in the skin – usually cuts or puncture wounds caused by contaminated objects. Tetanus is uncommon in the United States, with an average of 29 reported cases per year from 1996 through 2009. The Tetanus treatment market is growing slowly. The global market for Tetanus treatment is expected to reach US$ XX by the end of the forecasted period and is expected to grow at a CAGR of XX%.

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Study Objectives Tetanus Treatment Market:

  • To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Tetanus treatment market
  • To provide insights about factors affecting the market growth
  • To analyze the Tetanus treatment market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- Americas, Europe, Asia-Pacific, and Middle East & Africa.
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide country level analysis of the market for segments by type, end user and its sub-segments.
  • To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global tetanus treatment market.

Key Players for Tetanus treatment Market:

Some of the key players in this market are: Accord Healthcare Inc., BB-NCIPD, Bharat Pharmaceuticals, Biological E, GlaxoSmithKline, Massachusetts Biological Labs, PT Bio Farma, Sanofi, Serum Institute of India Pvt. Ltd., Shanha Biotechniques Pvt Ltd and others.

Segments:

Global Tetanus treatment market has been segmented on the basis of type which comprises of inhalers, nebulizers and their sub types. On the basis of end user, market is segmented into adults and kids.

Regional Analysis of Tetanus treatment Market:

Globally Asia-Pacific is the largest market for Tetanus treatment. The Asia-Pacific market for Tetanus treatment is expected to grow at a CAGR of XX% and is expected to reach at US$ XXX Million by the end of the forecasted period. Europe is the second-largest market for Tetanus treatment which is expected to grow at a CAGR of XX%. Middle East and Africa region is expected to be fastest growing region in Tetanus treatment market.

The report covers brief analysis of geographical region includes

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • Italy
  • Netherlands
  • U.K.
  • RestofEurope

APAC

  • China
  • India
  • Japan
  • RestofAsia-Pacific

RoW

  • SouthAmerica
  • MiddleEast
  • Africa

The report for Global Tetanus treatment 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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Global Bio-Process Technology Market Expected to Grow with a healthy CAGR

 Overview:

The global bio-process technology market to experience significant growth during the forecast period (2017-2022), reports Market Research Future (MRFR) in an elaborate study. The technology allows the derivation of living cells or their components to utilize it in a vast array of treatments to attain the planned result. Healthcare sector has been experiencing some significant revamping owing to such advanced technology, and the market is touted to experience the benefits during the forecast period.

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Drivers and Restraints:

The spurring market has drivers in diverse sectors such as healthcare, food processing, biomedical devices, pollution, and global warming. In commercial biotechnology, it is used in the production of enzymes and antibiotics which is gaining traction continually. Vaccinations for several chronic diseases have also generated considerable demand for the technology.

Food processing is also a sector that is developing rapidly owing to changes made in lifestyle triggered by rapid urbanization and industrialization. Various nutritional supplements are the result of the introduction of such technology and are assisting the commoners in leading a healthier life.

The technology is also a possible answer for sustainable resource management. Wastewater management is an area where its impact is convincing, and it can work wonder in contaminated sites as well. Petroleum sector can also benefit much as the growing demand for biofuels can give the market essential momentum.

However, the regulatory process often delays the productional procedure which can be considered to be a market deterrent. But its multifarious application can help it maintain steady traction in the market.

Industry News:

In late 2017, Novartis’ Kymriah and Gilead/ Kite Pharma’s Yescarta, two cell-therapy biotherapeutic medicine got approved which came as excellent news to cell therapy which got significant boost from monoclonal antibody industry.  

Segmentation:

The global bio-process technology market can be segmented by type, application, and end-users.

Type-based segmentation includes cell culture, cell expansion, flow cytometry, cell line development and virus infiltration. Cell culture is a segment that is enjoying popularity across the world owing to its diverse application in various sectors. The segment is spearheading the market due to its necessity in treating multiple chronic diseases.

Application-wise, the market comprises biopharmaceuticals, specialty products, industrial chemicals and environment management aid. Biopharmaceuticals are prospering much as various medicines used in curing several diseases ranging from the most common ones to chronic diseases are products of such technological advancements. Furthermore, petrochemicals are going to boost the demand for industrial chemicals in the coming years.

Based on end-users, the market consists hospitals, research labs and centers, medical institutions and others. With increasing government and private funding, research labs and centers are extensively investing themselves in developing new products that can take various associated industries miles ahead.

Regional Analysis:

Region-wise, the market comprises namely North America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

North America is currently leading the market in terms of generating revenue. Academic researches and extensive sales of biopharmaceutical products are contributing much to the progress of the region. Well-developed manufacturing facilities and research laboratories in countries such as the U.S. and Canada are proving beneficial for the market.

The APAC is expected to become the fastest growing region during the forecast period. Rising population and the integration of advanced technologies in the healthcare sector are impacting the market significantly. The biotechnology industry is also expanding at a considerable rate.

Market Dashboard:

The market is growing competitive, and the companies are extending their portfolio by going into mergers and acquisitions. For instance, Charles River Laboratories has recently acquired MPI Research, a remarkable organization of this field. Thermo Fisher Scientific, Inc. recently signed an agreement with Roper Technologies to acquire Gatan.

Key players of the market profiled in this report are Merck Millipore (Germany), Thermo Fisher Scientific, Inc. (U.S.), Becton, Dickinson and Company (U.S.), Danaher Corporation (U.S.), Lonza Group AG (Switzerland), Sartorius Stedim Biotech S.A (France), Corning, Inc.(U.S.), Bio-Rad Laboratories (U.S.), and Charles River Laboratories (U.S.).

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Digital Pathology Market Poised to Witness a Significant Growth by 2023

 Market Overview:

Digital Pathology comprises an array of equipment capable of capturing, analyzing, interpreting, and managing digital information gained from slides. The technology is gaining focus rapidly thanks to its wide application in tissue-based research, human pathology, and drug development. Global Digital Pathology Market is expected to register a CAGR of 13.04% during the forecast period from 2018 to 2023 and expected to reach USD 8,305.6 MN by 2023.

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With the evolution of information technology in the past few years, a rapid change has being observed in the practice of pathology. Various novel techniques have been implemented, primarily in the form of digital imaging and Telepathology (TP). Digital pathology is a branch which can be defined as the electronic capture, management, analysis and distribution of gross or microscopic specimens. It encompasses the use of digital imaging as well as TP. Digital pathology has a wide spectrum of applications that includes primary diagnosis, intraoperative diagnosis, consultation, quality assurance, archiving, research and academic studies. This technique helps in speeding up the process of diagnosis and further treatment. It also helps in research procedures by offering an easy access to the previously stored digital information. As per the Royal College of Pathologists, in the UK alone pathologists carry out 121,000 autopsies each year which has supported the market growth.

The global digital pathology market is growing with the rapid pace; mainly due technologically advanced diagnostic tools for the chronic diseases such as cancer has upsurged the demand for digital pathology. According to a recent study report published by the Market Research Future, The global digital pathology market is booming and expected to gain prominence over the forecast period growing rapidly. The market is forecasted to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2022).

The market is expected grow with the same trends during the forecast period. The major drivers will be rapid technological advancements in digital pathology system such as advancements in digital imaging, robotic light microscopy, and multiple fiber optic communications among others. Moreover, growing prevalence of chronic conditions, that has expected to uplift the demand for digital pathology in order to improve existing patient diagnostic imaging measures and reduce high cost associated with the traditional diagnostics methods. For instance, as per National Pathology Programme, nearly 800 million tests are being performed annually which is equal to 14 for each person in England and Wales. Additionally, increasing R&D applications of static and dynamic systems is fostering the market growth of digital pathology market.

Global Digital Pathology Market   – Competitive Analysis

The market for digital pathology is characterised by the presence of several well-established and small players, the global market of digital pathology appears to be highly competitive and fragmented. Global players are increasingly expanding their footprint in the emerging nations, making it putting pressure on the regional players, especially in terms of features such as type, product portfolios, and pricing. The market is witnessing intensified competition which is expected to get more intensified further during the forecast period. Well established players are entering into mergers & acquisitions, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position.

Companies like Leica Biosystems; Hamamatsu Photonics, Inc.; and Olympus Corporation are increasingly adopting extensive collaborative strategies to gain more profits and capturing new markets. For instance, in March 2017, Leica Biosystems entered into a strategic partnership with Leeds Hospital to improve productivity and workflow.

Key participants like Royal Philips has acquired the Irish PathXL, one of the largest pathology, image-based analysis firms in order to develop integrated tools targeting applications in computational biology, workflow solutions, education, and image analytics. In addition, these key activities the companies are aiming towards supporting the gradual transition of medical institutions present across the globe from the conventional pathology systems to digital pathology systems.

Thus, we can say that these competitive developments will further enable pathologists to perform high-throughput analysis of clinical image datasets that are diverse in nature and expedite improvement in the diagnosis quality, thereby presenting a potential for adoption new ad improved therapies to enhance patient health outcomes.

microDimensions GmbH (Germany), Mikroscan Technologies, Inc. (U.S.), Q2 Solutions (U.S.), Omnyx, LLC (U.S.), GE Healthcare (UK), Philips Healthcare (U.S.), Huron Digital Pathology Inc. (Canada), ViewsIQ Inc. (Canada), 3DHISTECH Ltd (Hungary) Apollo Enterprise Imaging Corp. (U.S.), Xifin Inc. (U.S.), Definiens (Germany) and others. are some of the prominent players at the forefront of competition in the Global Digital Pathology Market and are profiled in MRFR Analysis. 

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Cystic Acne Market Foreseen to Draw a Promising Growth by 2023

 

Market Highlights

Cystic acne is majorly treated with topical medications, drainage & extraction procedure, and laser therapy, and microdermabrasion. Increasing awareness and prevalence of population affected by acne are boosting the demand for a laser treatment that has driven the growth of laser devices and medications for the cystic Acne. The cystic acne market has been a growing market and it has been expected that the market is likely to touch high growth figures.

According to The National Center for Biotechnology Information, in 2015, around 9.4% of the global population is affected by acne and making it the 8th most prevalent disease worldwide. Acne often causes significant physical and psychological problems such as permanent scarring, poor self-image, depression, and anxiety.

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The market is expected to flourish in developing regions of Asia Pacific owing to the rising patient population with cystic acne. Increasing prevalence of cystic acne, rising demand for better treatment, increasing investment in the biotechnology and pharmaceutical industries for research and development are driving the growth of the market. Moreover, increasing government support for research & development, changing lifestyle, and rapidly developing technology are expected to fuel the market growth during the forecast period. However, lack of effective treatment in the market may hinder the market growth during the forecast period.

The global cystic acne market is expected to grow at a CAGR of 10% during the forecast period 2017-2023.

Regional Analysis

The Americas dominate the global cystic acne market owing to the presence of a huge patient population suffering from a skin condition, high health care spending, and increasing government support for research & development. According to American Academy of Dermatology, acne is affecting around 50 million Americans annually and around 20 million American have acne badly enough to cause scars.

Europe holds the second largest share of the global cystic acne market as a result of increasing focus of various government agencies on the treatment of diseases. Moreover, the growing public awareness about cystic acne is likely to boost the European market.

The Asia Pacific is the fastest growing market across the globe. Moreover, rapidly developing the economy, increasing healthcare expenditure, and the government’s initiatives for research & development are projected to drive the market in China and India.

The Middle East and Africa hold the least share of the global market due to limited availability of medical facilities.

Segmentation

The global cystic acne market is segmented on the basis of causes, long-term effects, treatment type and end user. On the basis of the causes, it is segmented into hormonal imbalances, occlusive skin products, drugs/chemical side effects, and others. On the basis of the long-term effects, it is segmented into ice pick scars, larger pits on the skin, shallow depressions, hypertrophic scarring, and others. On the basis of the treatment type, it is segmented into topical medications, drainage & extraction procedure, laser therapy, microdermabrasion, and others. On the basis of the end user, it is segmented into hospitals, clinics, research laboratories, and others.

Key Players

Some of the key players in this market are GlaxoSmithKline plc (U.K), Pfizer Inc. (U.S.), Abbott Laboratories (U.S.), Hexal AG (Germany), F. Hoffmann-La Roche Ltd (Switzerland), Alma Lasers Inc. (Israel), Bristol-Myers Squibb Company (U.S.), GE Healthcare (U.K), National Biological Corp. (U.S.), Herbert Waldmann GmbH & Co. KG (Germany), Sylvan Company (U.S.) and DUSA Pharmaceuticals Inc. (U.S.).

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Pleurisy Market – A market with high CAGR and return on investment by 2023

 Market Scenario:

There are wide market for pleurisy globally owing to increasing prevalence of chronic disease such as lung cancer, heart surgery, pancreatitis, chest trauma, autoimmune disorder, and asbestosis globally. These disease are consider as the leading causes for pleurisy. According to World Health Organization (WHO), in 2016, more than 90% of Chronic Obstructive Pulmonary Disease (COPD) deaths occur in the low­ and middle-income countries, also the Global Burden of Disease Study reports a prevalence of 251 million cases of COPD globally in 2016. Report suggest that the primary cause of COPD is exposure to tobacco smoke. These rising number in population suffering with COPD generating the huge demand for better treatment.

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According to a report published by British Society for Rheumatology, in 2016, Rheumatoid arthritis affects roughly 700,000 people in the U.K, and at least 115,000 people in the U.K live with Crohn’s disease

Increasing prevalence of chronic disease, rising demand for better treatment, increasing investment in research and development, and availability of funds drive the growth of the market. Moreover, increasing government support, changing lifestyle, and rapidly developing technology is expected to fuel the market growth during the forecast period. However, high cost of the treatment may slow the market growth during the period 2017-2023.

The global pleurisy market is expected to grow at a CAGR of 6.2% during the forecast period 2017-2023.

Regional Analysis

The Americas dominate the global pleurisy market owing to the presence of huge patient population with chronic diseases, and increasing government support for research & development. Furthermore, market players of this region continue to be involved in providing quality products which give an edge to this region in global leader.

Europe holds the second largest share of the global pleurisy market as result of increasing focus of various government agencies on the treatment of chronic diseases. Moreover, the growing public awareness about healthcare is likely to boost the European market.

Asia Pacific is the fastest growing pleurisy market across the globe. Japan holds a major share of the regional market due to availability of advanced technology and huge healthcare spending. Moreover, rapidly developing economy, increasing healthcare expenditure, and the government’s initiatives for research & development is projected to drive the market in China and India over the forecast period.

The Middle East and Africa holds the least share of the global market due to limited availability of medical facilities. The UAE, Saudi Arabia, and Kuwait are expected to drive the Middle East & African market. Whereas, the African region is expected to witness a moderate growth.

Segmentation

The global pleurisy market is segmented on the basis of diagnosis devices, treatment, and by end user. On the basis of the diagnosis devices, it is segmented into thoracentesis, video-assisted thoracic surgery, imaging devices, blood test, and others. Furthermore, imaging devices are segmented into the computed tomography, magnetic resonance imaging, ultrasound, and others. On the basis of the treatment, it is segmented into antibiotics, antifungals, blood thinners, nonsteroidal anti-inflammatory drugs, and others. On the basis of end user, it is segmented into hospital, clinics, diagnostics laboratories, and others.

Key Players

Some of the key players in this market are: Scanlan International, Inc. (U.S.), Sontec Instruments (U.S.), Pilling Surgical Inc. (U.S.), Integra LifeSciences Corporation (U.S.), Olympus Corporation (Japan), Delacroix-Chevalier (France), Myra & Co. (India), Wexler Surgical (Texas) and others.

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