Friday, 27 November 2020

Global Sciatica Market Expected Tremendous Growth Till 2023

 

Market Highlights

Sciatica is pain going down the leg from the lower back due to irritation of the lumbar or sacral nerves triggered by activities such as heavy lifting, jerky movements etc. Sciatica symptoms generally occur on one side of the body although in some cases it affects both sides. The symptoms include weakness or numbness in the affected leg, burning or tingling down the affected leg, and constant pain on one side of the rear. The causes of sciatica are spondylolisthesis, lumbar degenerative disc disease, osteophytes and arthritis of the spine, muscle spasm in the back or buttock, spinal stenosis, piriformis syndrome, pelvic tumours, pregnancy and others. However spinal disc herniation is the primary cause of sciatica in about 90% of the cases.

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Sciatica generally resolves on its own in about 90% of the cases. However severe sciatica may require surgical intervention if complications such as bowel or bladder problems occur. Sciatica affects 40% of people at some point in their life time and is most common during people's 40s and 50s, with men being more affected than women.

The market drivers for global sciatica diagnosis market are rise in demand due to growing population, increasing screening, rising cases of geriatrics, rising safety and success of drug treatment, the extricating nature of the pain and others. The market restraints are the complications of surgery such as risk of bleeding, infections, pain, high cost of sciatica treatment, and others. 

The market drivers for global market are rise in demand due to growing population and greater number of procedures performed, increasing screening, greater consumption of starch rich diets and fast foods, greater emphasis on restorative dental procedures, rising efficacy, efficiency and success rate of treatment, and others. The market restraints are the complications such as risk of bleeding, infections, pain, high cost of treatment, loss of the tooth due to damaged and weak enamel, risk of developing abscess due to incomplete removal of infected material or if the antibiotics aren’t effective and others.

Product development represents the best strategy for the market growth. The market is expected to witness exponential growth over the review period owing to technological advancement in medical devices such as transcutaneous electrical nerve stimulation. Market development is another strategy for as there is a large unmet need in the developing regions such as India and China. Cost of the product will be a decisive factor in the developing regions such as Asia Pacific and especially Africa.

Global Sciatica Market Players

Some of the key players profiled in the report are Endo Pharmaceuticals, AstraZeneca, Novartis AG, Teva Pharmaceutical Industries, Neurotech, Nidd Valley Medical, Omega Laser Systems Ltd., Omron Healthcare, Inc., Sanofi and others.

Regional Analysis

The Americas accounts for a significant market share owing to high expenditure on the healthcare especially of the U.S. and Canada. Additionally, the greater number of orthopedic procedures due to greater healthcare penetration in the U.S. and Canada drives the market. The high concentration of the major hospitals in the developed countries of this region coupled with good reimbursement rates is adding fuel to the market growth. Moreover, the large share of surgical procedures especially the sciatica treatment in the returns of hospitals favors the market. The large number of medical devices companies in the U.S. is also a cause for the faster development of the market in the US.

Europe is the second largest market in the world due to growing medical devices industry and healthcare penetration. The European market growth is led by countries such as Germany and France. Germany is expected to be the fastest growing market over the assessment period due to its large medical devices industry.

Asia Pacific region is expected to grow rapidly; China and India are likely to lead this market due to fast growing healthcare sector and large unmet needs over the forecast period. The South East Asian countries such as China, India, and Malaysia are projected to contribute highly to the market growth. The growing penetration of healthcare industry in the Asia Pacific region is expected to drive the future market in the region.

Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. Other Middle East nations to watch out for are Kuwait, Jordan, Egypt and Iran. The African region is expected to witness a poor growth owing to poor economic and political conditions, and poor healthcare development. Other regions are expected to be laggards due to poor social development and tribal identities such as sub Saharan Africa.

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Worldwide Spinal Traction Market Ready To Set Outstanding Growth From 2020 To 2023

 Market Synopsis

According to a new report by Market Research Future (MRFR), the global spinal traction devices market is expected to reach USD 6.0 billion by the end of 2023. The market is envisaged to witness a steady growth to expand at 7.7 % CAGR over the forecast period (2017-2023) owing to the growing geriatric population. Spinal traction devices are used to stabilize and decompress the spine for treating several spinal disorders and orthopedic conditions like bone fractures, muscle contracture, and bone deformities like kyphosis, scoliosis, and lordosis. These devices are also used in treating low back pain and muscle spasms. Spinal traction devices are also used to prepare patients for surgical procedures like interbody fixation, endoscopic spine surgery, vertebral compression fracture repair, and interspinous fixation.

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Future Drivers and Constraints

Increasing production number of spinal surgery, implants, and ongoing researches for improving the quality of care are expected to create attractive growth opportunities for the market globally. With the increasing cases of trauma and spinal cord diseases, growing geriatric population, increase in the number of spinal surgeries, screening and awareness, and developing healthcare are some of the factors propelling the market growth over the review period.

Also, the shift in the preference among patients and surgeons for adopting minimally invasive (MI) surgery over traditional surgeries have resulted in the development of advanced spinal implants. The rising number of clinical trials of latest technology implants is also propelling the market growth over the assessment period.

Innovation has remained the best strategy with companies focusing on developing new devices which can offer better treatment and diagnostic to various types of spine conditions. Wireless sensor technology is one of the latest researches with advanced products connected to external devices for analysis and healing progress.

Meanwhile, costly devices, lack of experimental clinical data in medical treatment, risk related after surgery which comprises risk of damage and infection to the spine, and demand for minimally invasive procedures is assessed to hamper the growth of the market over the forecast period.

Global Spinal Traction Market Segmentation

The global market for spinal traction has been segmented on the basis of diagnosis, type, treatment, end-users, and region.

The market has been segmented into mechanical spinal traction and manual spinal traction based on types. The market has been segmented into herniated discs, sciatica, facet disease, slipped discs, bone spurs, foraminal stenosis, pinched nerves, and degenerative disc disease, based on applications. The market has been segmented into gravity-dependent traction, manual traction, and continuous traction based on devices.

The market has also been segmented into academic and research, hospitals and clinics, and others based on end-users. Among these, the segment for hospital dominated the global market for spinal traction and is predicted to maintain its dominance over the assessment period.

Regional Analysis

Geographically, the market for spinal traction has been spanned across regions such as North America, the Middle East and Africa, Europe, and Asia Pacific.

The North American region is anticipated to hold the largest market share due to the high expenditure on healthcare. Also, adoption of medical devices and new diagnostics in the U.S. is also expected to drive the market in this region. Moreover, the presence of large hospital networks and major healthcare companies in the developed countries is propelling the market growth over the assessment period.

Europe holds the second largest position after North America, owing to the penetration of strong healthcare and high income in this region. Countries such as France and Germany are expected to lead the market growth in the European region. The UK is anticipated to emerge as the fastest growing market over the review period due to the presence of strong pharmaceutical industry.

Asia Pacific is estimated to grow rapidly over the assessment period. India and China are likely to lead the market owing to the huge unmet requirement and fast-growing healthcare sector over the assessment period. Moreover, South East Asian countries like India, China, and Malaysia are estimated to contribute to the market growth. Also, increasing penetration of healthcare insurance in the Asia Pacific region is anticipated to spur the market growth in this region.

Moreover, the UAE and Saudi Arabia are anticipated to drive the Middle East and African market. The African region is expected to witness moderate growth due to poor political and economic conditions.

Industry News

Natural compounds derived from Australian plants have been found to stimulate cells and are useful for transplantation to repair injuries in the spinal cord. The results have been published in the Scientific Reports by a team of scientists recently at the Menzies Health Institute Queensland and Griffith Institute for Drug Discovery.

Competition Analysis

 The prominent players operating the spinal traction market are Stoll Medizintechnik GmbH, Spinal Designs International Inc., Saunders Group Inc., SpineRx Technology, VAX-D Medical Technologies LLC., Scrip, Inc. BTL, North American Medical (NAM) Corporation, Spinetronics, LLC, Dentsply International, Medtronic Inc., CERT Health Sciences LLC, Hill Laboratories Company, and others.

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World Dental Carpule Market Estimation Of Top Key Players Shares, Revenue, Analysis And Forecasts Till 2023

 

Global Dental Carpule Market – Overview

Dental carpule are a category of products that are used on patients by dental practioners or dentists in order to treat and /or perform procedures associated with preventive, restorative, diagnostic and emergency oral health issues.

Dentistry is one of the oldest professions dating back to 7000 B.C. however it was not until the 1700s that it became a more defined profession.  Dental carpule industry has thus flourished as a result of the overall advances in the dentistry techniques adopted and practiced by dental professionals worldwide.

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The various repairs and preventive cares associated with oral health of the ever growing population worldwide have consistently added to the growth of the dental carpule market globally. Dentistry as a branch has also further evolved and developed its sub branches resulting in specialist oral care depending upon the type of treatment required for the oral care. Major specializations include Endodontics, Orthodontics, Periodontics and Prosthodontics. Other specializations include professionals as Maxillofacial Surgeons, Pedodontist, Cosmetic/Aesthetic Dentist, and General Dentist. All these specializations more or less require the same kind of dental instruments, but most of their materials and other instruments may vary depending upon the treatment carried out. 

According to the statistics shared by the World Health Organization (WHO), around 60 to 90 per cent of the school children worldwide and nearly 100% of the adults are believed to have dental cavities, about 15 to 20 per cent middle aged (35-44 years) adults have found to have severe periodontal disease (gum disease) which may result in tooth loss, and around 30% of the older aged (65-74) population worldwide do not have natural teeth. These statistics imply the extent at which the numbers of dental procedures are carried out worldwide and this number is increasing with rapid growth in the population all over the world. Thus, it is evident that the usage of dental carpule is foreseeable

Globally this market has seen a significant rise due to the prevalence of dental and oral diseases which is the result of inappropriate dietary habits and sedentary lifestyles. Diseases like tooth decay and cavity among the diseases that arise due to improper/unhealthy eating habits. Fast food products, confectionary products, aerated drinks and such other foods contribute to the alarming rise of the dental diseases worldwide.

Furthermore falling birth rates globally, have given rise to growth in the number of ageing population, which is bound to affect the dental market due to the various treatments that older people have to go through with regards to dental procedures when at a certain age their teeth are incapable of performing chewing activities effectively.

Dental carries, tooth loss, oral cancer, periodontics, Xerosthomia (dry mouth) are among the most common dental issues that older face after a certain age. Hence, increase in the dental procedures to treat these issues is evident, which would affect the dental consumables market positively.

Global Microfluidics Device Regional Analysis

Dental carpule, are one of the most products used in procedures for which patients travel to get the treatment. As per the cost ranging differently in various countries, there is sometimes a lot of difference observed between countries for the cost of the materials alone, such as dental implants, dental carpule etc. Globally, the demand for dental carpule is ever increasing, due to the changing demographics trends, increasing dental treatments, and other factors. There is also an increase in the competition among the countries as well as within the countries as more and more dental care units want to become prominent and a first choice for the patient. Increasing awareness among the people for the well-being of oral health has also attributed to the factors concerning the growth. Researches have proved that the overall well-being of the body is linked with the oral health as a lot of diseases such as heart diseases, flu transmission, and low birth weight are associated with periodontal disease.

Americas has been a fast growing region when it comes to dental carpule. The population in the countries representing this region seem to be the most conscious when it comes to oral health. They cannot afford to compromise on their oral health as they are very particular about visiting the dentist regularly which in turn drives the overall market.

In the United States, most of the population care a lot about their dental health, their dental hygiene is utmost important to them, hence they invest a lot in dental treatments so as to improve their overall dental health and oral appearance. The most dental procedures in the US have become very costly

Europe is also one of the largest market for oral care products globally. The European market trends in terms of penetration of technology and demand for products is similar to that of North America. The major factors that are driving the growth for this market can be attributed to growing expenditure on healthcare by the government.

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The Gum Grafting Market Staggering Double Digit Cagr Driven By Advanced & Cost Effective Technologies Forecasts Till 2023

 Market Highlights


Gum grafting is a surgical periodontal procedure, which aims to cover an exposed tooth root’s surface with a grafted oral tissue. Exposed tooth roots are usually result of gingival recession, due to periodontal disease.  The other common causes for this includes overly aggressive brushing and physical trauma. The major driving factors for this market include, an increasing demand of different gum grafting products and rising number of people suffering from different dental problems. Moreover, increasing geriatric population and continuous development in products, also contributes to the growth of this market. However, high cost of the treatment may slower this market’s growth. The global gum graft market is expecting a sound growth at a CAGR of 8.9% during the forecasted period i.e. till 2023.

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Segmentation

The global gum grafting market is segmented on the basis of applications, types, end users and regions. On the basis of applications, the market subsegments into  root coverage, ridge augmentation, augmentation around implants, reduced sensitivity, improved appearance, gum health, and others. On the basis of types, the market is classified into connective-tissue, subepithelial connective tissue graft, free gingival grafts, pedicle grafts, and Alloderm. On the basis of end users, the market is categorized into dentists, hospitals, and others.

Regional Analysis

The global gum grafting market is dominated by America, owing to the presence of a huge number of patients here, who are suffering from dental problems and the huge geriatric population. According to the Centers for Disease Control and Prevention, one out of every two American adults aged 30 years and over, has periodontal disease. In addition to this, high healthcare spending and presence of some of the major players in this region, has also contributed to the growth of this market. Europe accounts for the second largest market, as people here are being encouraged for dental surgeries and the  well-established healthcare sector. Asia Pacific is the fastest growing market, due to the presence of a number of growth opportunities here and continuously increasing demand. On the other hand, Middle East & Africa has the least gum grafting market share.

This market has numerous players, some of the major players are namely BioHorizons IPH, Inc (UK), Dr. Fresh LLC (US), Colgate-Palmolive Company (US), GlaxoSmithKline plc (UK), 3M Company (US), Ultradent Products Inc. (US), Sunstar Suisse S.A. (UK), and PatientPop.Inc (US).

The global gum grafting market is highly fragmented with the presence of many local and international players. Local players are focused on cost reduction and innovation to ensure sustainability. In addition, international players implemented growth strategies through collaborations and partnerships, to expand their overall market share.

BioHorizons IPH, Inc., headquartered in Birmingham, UK, is a manufacturer and supplier of introduced dental implant products’ covering, virtually every surgical and prosthetic indication or clinician preference. This  company has launched Tapered Internal Implant, which was designed with a beveled-collar for increased bone and soft tissue attachment and to provide benefits of platform switching. AlloDerm, Regenerative Tissue Matrix (RTM), is the most widely accepted and researched acellular dermal matrix for dental soft tissue applications.

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Dental Elevator & Luxator Market Cagr Growth Expected To Be Linear To The Skyrocketing Rise ! Predicted By 2023

 Market Highlights

Well-established companies in the market with a variety of dental elevators and luxators hold a significant market share. However, the dental elevator and luxator users trust on the well-developed brand; thus, major and well-settled companies can get a premium cost for their products, which gives predominant profit for their invested money. In most cases, innovation is the most important strategy for the development of the market. Similarly, investing in research and development to introduce innovative and advanced elevators and luxators can gain the leverage of capturing the maximum share of the North American elevator and luxator market. Furthermore, the increasing prevalence of dental diseases and increasing government support for research and development are expected to play an essential role in enhancing the dental elevator and luxator market during the forecast period. On the other hand, poor reimbursement policies may hamper the market growth during the forecast period.

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Segmentation

The global elevators and luxators market is segmented by type, size, and end-user.

By type, the market is segmented into dental elevators and dental luxators. The dental elevator market is further sub-segmented into winged elevators, non-winged elevators, periosteal elevators, molt periosteal elevators, and woodson periosteal elevators. Dental luxators are sub-segmented into curved luxator, bent luxator, luxator periotome, luxator short periotome, luxator dual edge periotome, luxator forte elevator, luxator titanium, and luxator LX.

On the basis of size, the market is segmented into 2.5 mm, 3 mm, 3.2 mm, 4 mm, 5 mm, and 10 mm.

On the basis of end-user, the market is segmented into hospitals and clinics, dental clinics, research and academic institutes, and others.

Regional Analysis

The Americas dominates the global dental elevator and luxator market share owing to the rising prevalence of dental diseases and the presence of a well-developed healthcare sector within the region. Moreover, increasing healthcare expenditure and presence of key players within regional boundaries provide a favorable background for market growth.

Europe is the second largest in the global dental elevator and luxator market. Factors such as the increasing availability of funds for research and a huge patient population followed by a well-developed healthcare sector drive the market within the region.   

Asia Pacific is estimated to be the fastest growing market for dental elevators and luxators. This can be attributed to the presence of developing economies such as India and China and increasing patient population. Moreover, the increasing healthcare expenditure and a rapidly developing healthcare sector boost the market growth within the region.   

On the other hand, the Middle East and Africa has the least share in the global dental elevator and luxator market due to the low per capita healthcare expenditure and stringent government policies, especially within the African region. It is estimated that the Middle East holds a majority of the market within the Middle Eastern and African region.   

Key Players

Some of the key players in this market are Some of the major players in this market are: Patterson Dental (US), Henry Schein (US), Dentsply Sirona (US), 3M (US), Straumann (Switzerland), Danaher Corporation (Switzerland), PLANMECA OY (Finland), Carestream Health, Inc., and Biolase Inc., and others.

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Thursday, 26 November 2020

Tracheostomy Products Market Foreseen to Draw a Promising Growth by 2024

 Market Highlights

The Global Tracheostomy Products Market is estimated to be valued at USD 203,080.97 Thousand by 2024 and is projected to register a CAGR of 3.50% during the forecast period.

Tracheostomy is a surgical procedure to treat breathing-related diseases where a stoma (hole) is created via the neck into the trachea (windpipe). Generally, tracheostomy is performed when the route of breathing is blocked or impaired, to provide an air passage to help to breathe. Tracheostomy is needed when the long-term use of ventilators is required for artificial breathing, but in some instances, emergency tracheotomy is also performed. There are generally two types of tracheostomies, namely, surgical tracheostomy and minimally invasive tracheostomy. In both types, the stoma can be surgically closed once the tracheostomy is no longer needed.

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The high prevalence of respiratory disorders and favorable reimbursement policy are anticipated to drive the market growth. However, a product recall is projected to hamper the market growth.

Segment Analysis

The global tracheostomy products market has been segmented on the basis of product type, material and end user, and region. On the basis of product type, the market has been divided into tracheostomy tubes, tracheostomy clean & care kits, cannula, and other accessories. Furthermore, tracheostomy tubes segment has been sub-segmented into adult tracheostomy tube and pediatric tracheostomy tube. On the basis of material, the tracheostomy products market has been divided into polyvinyl chloride, silicone, and others. On the basis of end user, the tracheostomy products market has been divided into hospitals and clinics, ambulatory surgery centers, and others.

Market Players

Market Research Future (MRFR) recognizes Medtronic Plc (Dublin, Ireland), Troge Medical GmbH (Germany), Smiths Group PLC (United Kingdom), Teleflex Incorporated (US), Cook (US), Fisher & Paykel Healthcare Limited (New Zealand), Fuji Systems Corp (Japan), Stening SRL (Argentina), Henan Tuoren Medical Device Co., Ltd (China), and TRACOE medical GmbH (Germany) as the key players in the global tracheostomy products market.

Regional Analysis

The global tracheostomy products market, based on region, is divided into the Americas, Europe, Asia-Pacific, and the Middle East and Africa.

The Americas is expected to hold the largest share of the global tracheostomy products market. This is owing to the presence of key market players, favorable reimbursement policy, and the high prevalence of respiratory disorders in the US and Canada.

Europe market demonstrated substantial growth in the market due to well-developed healthcare infrastructure and growing geriatric population coupled with rising cases of respiratory disorder. In the UK, around 585,000 diagnosed with respiratory disease annually. Similarly, in the UK, about 700,000 were hospitalized due to respiratory disease annually.

Asia-Pacific is estimated to be the fastest growing region in the global tracheostomy products market due to the presence of a huge patient population and an increasing number of hospitals. According to a report published by the Indian Central Bureau of Health Intelligence, in March 2017, there were around 23,582 government hospitals in the county, of which 19,810 were located in rural areas and 3,772 in urban areas.

Also, the tracheostomy products market in the Middle East and Africa region is likely to exhibit the lowest growth due to factors such as limited access to and availability of treatment facilities.

Key Findings of the Study

  • The Global Tracheostomy Products Market was valued at USD 165,206.50 thousand in 2018, is estimated to grow at USD 203,080.97 Thousand by 2024 at a CAGR of 3.50% during the assessment period

  • The Americas accounted for the largest share of the global market due to the presence of key market players and an increasing patient population in the US and Canada

  • Based on product type, the tracheostomy tubes segment accounted for the largest market share of 69% in 2018
  • Based on material, the silicone segment held a major market value of USD 80,883.13 thousand in 2018

  • On the basis of end user, the hospitals and clinics segment dominated the market and projected to register the highest CAGR of 3.64% during the forecast period

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Veterinary Software Market Projected to Witness Vigorous Expansion by 2027

 Market Highlights

Global Veterinary Software Market is expected to register a CAGR of 7.46% during the forecast period, with a market value of USD 804.94 Million by 2027.

Veterinary software is a system, which is used by veterinarians to manage the veterinary practice. The software is developed to improve the performance of veterinary practice through the easily accessed and well-organized computerized system. Diagnostic software gives access to lab technicians. Vets have all the information they need for monitoring the health of pigs or poultry. Inventory management software is used in hospitals & clinics to track the inventory, including sales tracking, stock level management, purchase order creation/tracking, and tracking margins, among others. The rise in companion animal ownership, growing prevalence of animal diseases, and rise in pet insurance with increasing animal health expenditure are expected to drive the growth of the global veterinary software market. However, lack of government encouragements for software acceptance and unwillingness to adopt the latest technologies are expected to hamper the growth of the market.

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Segment Analysis

Global Veterinary Software Market has been segmented by Software Type, Deployment, Data Type, and End User.

The Global Veterinary Software Market, by Software Type, has been segmented into practice management software, diagnostic software, inventory management software, and others. The global veterinary software market, by deployment, has been segmented into on-premise and cloud based. The global veterinary software market, by data type, has been segmented into patient EMR (Pets), medical supplies & stock data, customer data, and others. The global veterinary software market, by end-user, has been segmented into veterinary hospitals & clinics, research laboratories, educational institutes, and others.

Regional Analysis

Global Veterinary Software Market, on the basis of region, is divided into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas accounted for the largest share in the Global Veterinary Software Market. The largest share is majorly attributed to the increased adoption of practice management software, rise in veterinary healthcare expenditure, increasing demand for pet insurance, and growing pet ownership. According to the report published by the American Pet Products Association, from 2017 to 2018, 68% of the US households or 85 million families have a pet. Europe is the second-largest market for veterinary software owing to the presence of large market players, innovative advanced technologies, increasing companion animal ownerships, and the presence of veterinaries.

The Asia-Pacific region is the third-largest market owing to the presence of large animal population, growing disposal income, increasing nuclear families preferring to have pets and rise in investments by the American and European market players in countries such as China and India. Moreover, the accepted and established pet food industry is fueling the growth of the veterinary software market in this region. The market in the Middle East & Africa is constrained due to the poor development of the animal industry and the low productivity of most of the breeds in the region.  

Key Findings of the Study

  • The Global Veterinary Software Market was valued at USD 21 Million in 2019 and is expected to register a CAGR of 7.46% during the assessment period of 2019 to 2027
  • The Americas accounted for the largest share of the global veterinary software market
  • Based on the software type, the practice management software segment is expected to register the highest CAGR of 7.95% during the forecast period   
  • Based on deployment, the cloud-based segment is expected to register the highest CAGR of 8.53% during the forecast period
  • Based on data type, the patient EMR segment accounted for a larger market share in 2019
  • Based on end user, the veterinary hospitals & clinics segment accounted for a larger market share of 59.76% in 2019

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