Tuesday, 15 December 2020

Hypotension Market - Factors Driving Growth Post 2023

 Hypotension refers to very low blood pressure and affects people across all age groups. Blood pressure is the force exerted by human blood against the artery walls, while blood is pumped out by the heart. Hypotension is normally characterized by a diastolic pressure that is lower than 60mm Hg. A systolic pressure lower than 90 mm Hg is also typically symptomatic of hypotension.

The global hypotension treatment market size is propelled by hypotension incidences, diabetes, cardiovascular disorders, and other health issues. When patients suffer from low blood pressure or hypotension, they may feel dizziness while standing up after sitting for long periods of time. This is why, many of them are advised to not rise suddenly and take support/more time to stand up without any discomfort.

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Hypotension can also result from dehydration, nervous disorders, and endocrine issues. The geriatric population is quite susceptible to suffering from low blood pressure, boosting the rates of hospitalization and driving the industry. Apart from the elderly population, postpartum mothers and teenagers are also affected by hypotension. Rising population contributes to stress and lifestyle illnesses, leading to the demand for advanced treatments.

In addition to the above factors, the advent of novel participants (companies investing in hypotension treatments) and wider technological adoption should drive market growth. With the industry predicted to experience decent expansion over the forecast period, the side-effects of hypotension medicines can prevent further growth.

Considering the side-effects, many patients resort to alternative treatments and exercises. Patients need to assess whether they can tolerate the harmful effects of these medicines and decide for themselves. Every patient is different and what is suitable for someone may not be ideal for others. That said, exercising conveniently & regularly under the doctor’s guidance could yield very good results.

Some of the other propellers of the hypotension treatment market are the need for cardiovascular devices and poor eating habits. On the other hand, what has restricted the industry from progressing more is the lack of proficient medical professionals. Also, huge expenditures in the detection & management of cardiovascular disorders hamper the industry.

The “World Health Organization” (WHO) states that approximately 59 percent of the overall mortality rates stem from chronic illnesses globally. The prevalence of diabetes and cardiac disorders is adding more burden on developed & emerging regions. The targeted audiences of the hypotension treatment industry comprise research laboratories, manufacturers, research & development firms, potential spenders, and market research & consultation services.

Categorization/Segmentation:

The worldwide market is divided on account of indications, products, end-users, and regions. Coronary heart diseases, hypotension, and others constitute the indications. The products consist of blood pressure transducers, sphygmomanometers, blood pressure devices, etc. By end users, the industry is fragmented on the basis of diagnostic centers, homecare, hospitals & clinics, and others. According to regions, the global hypotension treatment market is divided further into Europe, Americas, the Middle East & Africa, and Asia Pacific.

Regional Analysis:

“Americas” has generated the largest shares and its diabetic & cardiovascular incidences have accounted for the same. Europe is the second biggest market and driven by larger medical expenses & patient groups. Asia Pacific is projected to witness the fastest expansion till 2023. The Middle East & Africa would grow stably owing to its need for therapeutic & diagnostic centers.

News/Advanced Products:

Back in December 2017, the United States “FDA” (“Food and Drug Administration”) sanctioned the adoption of Giapreza injections. These injections have been developed to raise the blood pressure of patients suffering from hypotension. However, Giapreza is also known to have side-effects. In case of blood clots through its usage, prophylactic treatments are recommended. Other firms spending capital on the expansion of the worldwide hypotension treatment market include A & D medical, Schiller AG, American Diagnostic Corporation, Spacelabs Healthcare, and OMRON Corporation. They engage in product & therapeutic developments to generate higher sales & maintain an edge over the others.

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Eye Melanoma Market – Product Development is the best strategy for market position; Forecast till 2023

 Synopsis of the Global Eye Melanoma Market

Melanoma is the cancer of melanin-producing cells. Eye melanoma or ocular melanoma can develop in the middle of the three layers of the eye, i.e., in between the sclera, retina, and uvea. The diseased layers of the eye cannot be visually examined, making the diagnosis of the disease difficult. The sensation of flashing lights, blurry vision in one eye, and loss of peripheral vision are some of the common symptoms of the eye melanoma. Increasing prevalence of the eye cancer and growing geriatric population are the major drivers of the market growth. According to the Cancer Research U.K, approximately 750 new cases of eye cancer were reported on a yearly basis within the U.K from 2013-2015.

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Moreover, it was estimated that from the last decade, the prevalence of eye cancer has increased by 25% in the U.K. Additionally, rising healthcare expenditures and increasing research and development investments by the major players of the market boosts the market growth. However, lack of awareness, high diagnostics, and surgical procedures costs are estimated to restrain the market growth during the forecast period. The cost of the therapeutic procedures like laser iridotomy is estimated to be around USD 1,068 to USD 1,188. This makes such procedures an out of pocket concern for many patients.

Global Eye Melanoma Market size is expected to grow at an approximate CAGR of 7.8% during the forecast period.

Segmentation

The global eye melanoma market is segmented on the basis of the site, diagnosis, treatment, and end user.

On the basis of the diagnosis, the market is categorized into eye exam, imaging, biopsy, and others. The eye exam segment is further categorized into ophthalmoscopy, slit-lamp biomicroscopy, and others. The imaging is sub-segmented into ultrasound, fluorescein angiography, fundus autofluorescence, optical coherence tomography, and others. On the basis of the treatment, the market is segmented into radiation therapy, laser treatment, surgery, and others. The radiation therapy segment is sub-segmented into episcleral plaque therapy, external beam radiation therapy, and others. The external beam radiation therapy is further segmented into conformal proton beam radiation therapy, stereotactic radiosurgery, and others. The surgery segment is sub-segmented into iridectomy, choroidectomy, enucleation, and others. On the basis of the end users, the market is segmented into hospitals & clinics, academic institutes, and others.

On the basis of the site, the market is segmented into sclera, retina, uvea, and others.

Regional Analysis

America dominates the global eye melanoma market owing to the presence of a well-developed healthcare sector and huge patient population. Apart from this, increasing number of patients, changing lifestyle, and increasing healthcare expenditure have boosted the growth of the American market. Additionally, the presence of the major market players like the GENERAL ELECTRIC, Analogic Corporation, NOVADAQ Technologies Inc. within the region fuels the market growth.

Europe is the second largest eye melanoma market. Factors such as increasing availability of funds for research, well-developed healthcare sector, huge patient population, and growing geriatric population are estimated to drive the market growth within the region. According to the Office for National Statistics the geriatric population within the U.K is estimated to reach approximately 69.8 billion by 2026 from 65.6 billion in 2016. 

The Asia Pacific is the fastest growing region for the market due to the presence of a huge patient population, continuously developing economies and rising healthcare expenditure. In countries like India, the presence of huge opportunities along with favorable government policies fuels the market growth.

The Middle East & Africa has the least share in the global eye melanoma market due to the presence of poor economies and stringent government policies, especially in the Africa region. The Middle East holds a majority of the market due to a well-developed healthcare sector and huge healthcare expenditure by economies like Dubai, Kuwait, Dubai, and others.

Key players in global eye melanoma market

The key players for the global eye melanoma market are Castle Biosciences, Inc. (U.S.), GENERAL ELECTRIC (U.S.), Koninklijke Philips N.V. (The Netherlands), TOSHIBA CORPORATION (Japan), Siemens AG (Germany), Analogic Corporation (U.S.), Optovue, Incorporated (U.S.), NOVADAQ Technologies Inc. (Canada), Agfa-Gevaert Group (Belgium), and ZEISS (Germany).

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Cardiac Pacemaker Market to Perceive Momentous Accruals with a hefty CAGR By 2023

 Cardiac Pacemaker Market Overview

The possibility of needing a pacemaker increases with age and cardiologists nowadays recommend the device for many patients. Modern pacemakers have improved a lot and can help fix irregular heartbeats by mimicking normal function. A pacemaker regulates heartbeat by monitoring the heart’s rhythm and generates an electric impulse when necessary. This painless impulse triggers a heartbeat. Patients in certain health conditions need pacemakers and one such condition is sinus syndrome.

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Pacemakers are often needed for certain conditions. One of the most common reasons for a pacemaker is to help with sick sinus syndrome. People with sick sinus node problems need proper heartbeat regulation. People suffering from sick sinus syndrome need extra attention as due to the health problem, their heart either beats too slowly or beats at a rapid rate.  When the heart beats slowly, it can cause fainting, dizziness, and other problems.

Lightheadedness and shortness of breath are other conditions that may require the patient to choose a pacemaker. Modern pacemaker devices are highly advanced and are capable of doing a lot more than controlling heartbeats. Advanced pacemakers can also correct the damage caused due to failure of heart or other heart diseases.  For people who have not even responded to other therapies, a pacemaker can be the right device. Experts believe that the global market for cardiac pacemakers will grow at a CAGR of 7.9% and will reach a new milestone by 2023.

Key players for global cardiac pacemaker market

The key players in the global cardiac pacemaker market are 

  • Medtronic (U.S.)
  • Abbott. (U.S.)
  • Boston Scientific Corporation (U.S.)
  • BIOTRONIK (Germany)
  • LEPU MEDICAL (U.K)
  • SORIN Group (Europe)
  • MEDICO S.p.A. (Europe)
  • OSCOR Inc. (U.S.)

Cardiac Pacemaker Market Segmentation

Global cardiac pacemaker market has been segmented on the basis of type, application, technology, and end users. Based on the type, the global market has been segmented into external cardiac pacemakers, implantable cardiac pacemakers, and others. On the basis of the technology, the cardiac pacemaker market is segmented into single-chambered, biventricular, dual-chambered, and others. And based on applications, the global market has been segmented into congestive heart failure, arrhythmias, and others. Analysts have further segmented the arrhythmias segment into bradycardia, tachycardia, and others. The global market for cardiac pacemakers has also been segmented on the basis of end users. The key sub-segments are cardiac care centers, hospitals, medical institutes, and others.

Cardiac Pacemaker Market Regional Overview

The global cardiac pacemaker market has been segmented into regions. The market report covers the Americas, Asia-Pacific, and the Middle East and Africa, and European regions. According to the market research report, markets in the American region will dominate the global market at different levels. The growth in regional markets is due to well-developed healthcare infrastructure and investments by major key players across the world. Additionally, the report predicts that the European market, due to the high patient population and investments in research and development of such products, will see significant growth in the coming years. Asia-Pacific is expected to emerge as one of the fastest growing regional markets in the world.

Cardiac Pacemaker Industry News

Scientists have developed an advanced pacemaker that can monitor the upper chambers of the heart while pacing the lower chambers. Researchers are using soundwaves which are then recognized by the device. Once the pacemaker recognizes the sound waves from the upper chamber closure, it can decide when to send a pacing signal.

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Global Moebius Syndrome Market is Expected to Experience Immense Growth During 2020 – 2023

 Market Scenario

Moebius syndrome is a rare neurological condition characterized by paralysis of multiple cranial nerves, and most often the abducens and facial nerves. Signs and symptoms of Moebius include paralysis of the facial muscles, swallowing and choking problems, crossed eyes, bone abnormalities in the hands, speech difficulties, high or cleft palate, excessive drooling, and various others. As per the National Center for Advancing Translational Sciences, abnormality of the voice, masklike facies, Bell’s palsy, feeding difficulties in infancy, and open mouth commonly occur in 80%-99% cases of Moebius syndrome.

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According to the U.S National Library of Medicine, Moebius syndrome affects 1 in 50,000 to 1 in 500,000 newborns. It also mentions that the affected individuals lack facial expressions i.e. they cannot smile, or raise their eyebrows.

It is noted that growing public awareness and technological advancements are the key factors driving the Moebius syndrome treatment market. On the technology front, various surgical options have been used for an effective management of symptoms associated with Moebius syndrome such as facial nerve grafting, facial nerve decompression, transposition of the temporalis muscle, and others.

Various other factors such as unmet medical needs, increasing government assistance, rising healthcare expenditure in the developed countries, improving regulatory framework, increasing adoption rate, and rising funding and reimbursement policies are continuously contributing to the growth of the global Moebius syndrome market. According to the Centers for Disease Control and Prevention in 2015, the total health expenditure in the United States was reported to be USD 3.2 trillion and the hospital care accounted for a share of 32.3%.

Despite these drivers, there are some issues associated with Moebius syndrome market. The complications associated with the available treatments, infections, and injuries caused by surgical devices, and poor healthcare system in low and middle-income countries, may hinder the growth of the market.

It is estimated that the Moebius syndrome market is expected to grow at a CAGR of 6.5% during the forecast period of 2017-2023.

Key Players

Some of key the players in the global moebius syndrome market are Alcon Laboratories, Inc, All Vascular, Pty Ltd., Aspen Surgical Products, Inc., B. Braun Melsungen AG, Becton, Dickinson and Company, Boston Scientific Corporation, Conmed Corporation, Gray Surgical, Johnson & Johnson Services, Inc., Medtronic, Olympus Corporation, Smith & Nephew plc, TransEnterix Surgical, Inc., Zimmer Biomet Holdings, Inc., and others.

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Monday, 14 December 2020

Veterinary Laboratory Testing Market is Expected to Exhibit a Strong CAGR during forecast period upto 2023

 

Market Highlights

The global veterinary laboratory testing market is expected to grow at a CAGR of 10.1% during the forecast period.

Increasing expenditure on pet insurance, growth in the number of veterinary practitioners, advancements in healthcare facilities, and favorable funding policies are expected to drive the market growth over the forecast period.

However, high cost of veterinary testing and complications associated with the tests can restrain the market growth over the assessment period.

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Regional Analysis

Geographically, the Americas is anticipated to dominate the global veterinary laboratory testing market owing to the increasing cases of animal disease and technological advancements in veterinary diagnostics. For instance, in 2016, IDEXX Laboratories, Inc. launched the Rapid Visual Pregnancy Test for cattle. With the new test, veterinarians can more quickly identify open cows using whole blood samples collected before the farm visit. Europe is expected to hold the second largest position in the global veterinary laboratory testing market. The market growth in this region is attributed to the rising expenditure on pet insurance. The Veterinary Laboratory Testing Market in Asia-Pacific region consists of countries namely China, Japan, Republic of Korea, India, Australia and Rest of Asia-Pacific. The Asia-Pacific region is expected to be fastest growing region owing to the awareness regarding use of sterile consumables for lab testing and rising healthcare spending. The Middle East & Africa contributes least in the global market for veterinary laboratory testing.\


Segmentation

The global veterinary laboratory testing market has been segmented into animal type, technology, product, and end user.

The market, on the basis of animal type, has been segmented into companion animal and livestock animal. The companion animal segment is further classified as dogs, cats, horses and others. The livestock animal segment is further classified as cattle, pigs, poultry and others.

The market, by technology, has been segmented into clinical biochemistry, immunodiagnostics, hematology, molecular diagnostics, urinalysis, and others.

The clinical biochemistry segment is further classified as clinical chemistry analysis, glucose monitoring, and blood gas & electrolyte analysis. The clinical chemistry analysis segment includes clinical chemistry reagent clips and cartridges and clinical chemistry analyzers. The glucose monitoring segment includes blood glucose strips, glucose monitors and urine glucose strips. The blood gas & electrolyte analysis segment includes blood gas and electrolyte reagent clips and cartridges and blood gas & electrolyte analyzers.

The immunodiagnostics segment is further classified as ELISA tests, lateral flow assays, allergen-specific immunodiagnostic tests, immunoassay analyzers, and others. The lateral flow assays segment includes lateral flow rapid tests, and lateral flow strip readers.

The hematology segment is further classified as hematology cartridges, and hematology analyzers.

The molecular diagnostics segment is further classified as polymerase chain reaction (PCR) tests, microarrays, and others.

The urinalysis segment is further classified as urinalysis clips & cartridges/panels, urine analyzers, and urine test strips.

The market, by product, has been segmented into consumables and instruments.

The market, by end user, has been segmented into veterinary hospitals & clinics, in-house testing, research institutes, diagnostic laboratories, and others. The veterinary hospitals & clinics segment held the largest segment of the market in 2017. This can be attributed to the increasing incidence of zoonotic diseases. On the other hand, the academic institutes segment is estimated to be the fastest growing segment.

Key Players

Some of the prominent players in the global veterinary laboratory testing market are Abaxis, Inc., BIOCHECK Inc., Biomérieux SA, Henry Schein, Inc., Heska Corporation, Idexx Laboratories, Idvet, Neogen Corporation, Pfizer, Qiagen N.V., Randox Laboratories, Ltd., Thermo Fisher Scientific, VCA Inc., Virbac, Zoetis, Inc. and others.

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Single-Photon Emission Computed Tomography Market is Growing Massively till 2023

 

Market Highlights

The growing acceptance of Single-Photon Emission Computed Tomography (SPECT) accustomed by its technical advances is one of the major trends witnessed in the global SPECT market over the forecast period. Imaging devices are becoming more advanced, efficient, and evolved in terms of technology. The SPECT scanner has two integral parts namely computed tomography (CT) and a radioactive material (tracer). Basically, these tracers are used to diagnose and predict outcomes in various disease states by monitoring the therapeutic effects.

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The Single-Photon Emission Computed Tomography (SPECT) market is expected to witness tremendous growth owing to the new 99mtc labelled agents for visualizing biologically significant events, and integration of X-ray tomography (CT) In SPECT. Other key factors such significant investments in R&D and expansions undertaken by key players are contributing towards the growth of the market. However, challenges such as need for skilled professionals, and reimbursement issues, is likely to curb the market growth during the forecast period.

Segmentation

The global Single-Photon Emission Computed Tomography (SPECT) market is segmented into type, application, end-users. The Single-Photon Emission Computed Tomography (SPECT) market, by type, the market is segmented into hybrid SPECT systems, and standalone SPECT systems. On the basis of application, the Single-Photon Emission Computed Tomography (SPECT) market is bifurcated into oncology, cardiology, neurology, and others. On the basis of end-user, the market is segmented into hospitals, diagnostic imaging centers, academic & research centers, and others.

Regional Analysis

The Americas is the largest in the market owing to the improving research infrastructure in the region, coupled with the rising awareness among patients and physicians for radioisotopes. Further, SPECT has reportedly been combined with CT and MRI to provide detailed anatomical and metabolic information. It is currently exhibiting a highly lucrative growth rate due to an increased use of SPECT for diagnosis of cardiac diseases, brain diseases, etc.

The European region is the second largest SPECT market over the forecast period due to high acceptance of SPECT in research & development along with the rising incidence of chronic disease like cancers are also accountable for the growth of the Single-Photon Emission Computed Tomography (SPECT) market. 

The Asia Pacific region is likely to develop at the uppermost CAGR for the Single-Photon Emission Computed Tomography (SPECT) market in the years to come. Moreover, the rising diagnostic care services both at the hospitals and at community level are expected to influence the market in a positive way. The Middle East and Africa accounts for the least market share due to low per capita income and lack of availability of well-trained healthcare professionals.

Key Players

Some of the key players in the global Single-Photon Emission Computed Tomography (SPECT) market are GE Healthcare, Siemens Healthcare, Koninklijke Philips N.V., Bruker Corporation, Mediso Ltd., Digirad Corporation, Spectrum Dynamics Medical, DDD-Diagnostic A/S, MiE America, Inc., CardiArc, Beijing Hamamatsu Photon Techniques INC., SHENZHEN BASDA MEDICAL APPARATUS CO., LTD.

PNPMedM, NuCare Inc., and others.

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Gene Expression Analysis Market Foreseen to Draw a Promising Growth by 2023

 Market Highlights

Global biologic market is expected to grow at a CAGR of 8.6% during forecasted period 2017-2023 and reach till $425 million by end of 2023. Biologics are the drugs prepare or obtain from the biological organism. They are composed of protein, sugars or nucleic acids.  This drugs are basically used in treatment of cancer and diabetes. Increasing prevalence of these diseases across the globe is the major responsible factor for the growth of the market. Beside this increasing demand for the better treatment, rising regulatory convergence and better access to healthcare for all nations has provided fuel for the growth of the market. On the other hand, biologic drugs are highly complex in nature and they must be controlled under maintained condition. This type of atmosphere and quality control is very difficult and requires a huge capital. This may hamper the growth of the market.

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On regional basis, global biologic market is segmented as North America, Europe, Asia Pacific and Middle East and Africa. Almost 9% of total North America population is suffering from diabetes.  North America shares nearly half of the global biologic market due to increasing diabetic and cancer population, increasing healthcare expenditure and governmental support for the research and development. North America is followed by Europe. UK and Germany are the major contributor for the biologic market. Asia Pacific is the fastest growing region for the biologic market due to rapid development of health care sector and presence of rapidly growing economies like India and China. While Middle East and Africa has the least biologic market.

Segmentation:

Global biologic market is segmented on the basis of type into vaccines, blood products, proteins, gene therapy, and other. On the basis of application they are segmented into anemia, cancer, diabetes, and other. On the basis of source they are segmented as human, animal, microorganism, and other.

Some of the major players in the global neuromodulation market include Unilife Corporation (US), Sanofi (France), Retractable Technologies Inc. (US), Smiths Medicals (UK), Becton, Dickinson & Company (Germany), Terumo Corporation (Japan), Pfizer Inc. (US), Roche Diagnostics (Switzerland), Amgen (US), GSK Biologicals (UK), Lundbeck (Denmark), Novartis AG (Switzerland), AstraZeneca (UK), Bayer AG (Germany), Genzyme (US), Merck KGaA (Germany), Samsung Biologics (South Korea), Celltrion (South Korea), Addgene (US), Johnson & Johnson Inc. (US), Eli Lilly & Company (US), Bristol-Myers Squibb (US), Biogen Inc. (US).

Many of the major companies are focusing on introduction of new biologic drugs and advancement in the treatment of the diseases by minimizing the side effects of the drugs.

Unilife Corporation is a U.S. based developer, manufacturer and supplier of injectable drug delivery services. Precision-Therapy, Flex-Therapy, Imperium are the widely used injectors of this company.

Sanofi is a French multinational pharmaceutical company headquartered in France. This company has performing phase 3 trials on efpeglenatide and sotagliflozin for the treatment of diabetes and isatuximab for the treatment of Multiple Myeloma in 2017. ActHIB, DAPTACEL, Fluzone High-Dose and Imovax Rabies are some of the vaccines manufactured by this company.

Becton, Dickinson & Company a Germany headquartered company has introduced BD Neopak a prefillable glass syringe designed for high-volume injection of biologics.

Smiths Medicals an UK headquartered company is one of the leading pharmaceutical manufacturing and research company. Varivax SDV, Menactra VL, Adacel SYR and Decavac SYRG are some of the major vaccines of this company.

Eli Lilly & Company is a U.S. based pharmaceutical company. This company has recently got an approval for Olumiant for the treatment of Arthritics.

AstraZeneca an UK headquartered company has announced positive top-line results for its licensed asthma biologic benralizumab. Arimidex (anastrozole) and Casodex (bicalutamide) are some of the major drug by the company for the treatment of Cancer.

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