Hepatitis C Drugs Market Estimated to Witness a Vigorous Growth by 2022

 

Overview:

Market Research Future (MRFR) has released a new report on the global hepatitis C treatment market. The report provides a complete overview of the market’s historical statistics and growth trajectory, in addition to elaborating on the market’s present statistics and providing detailed projections regarding the market’s likely growth trajectory over the forecast period from 2016 to 2022. The global hepatitis C drugs market is expected to exhibit a steady 3.3% CAGR over the forecast period, rising from a valuation of USD 18.7 billion in 2015 to USD 22.7 billion by 2022.

The slow CAGR of the global hepatitis C drugs market is due to the steady drop in the number of patients of hepatitis C in developed regions and the increasing prospects of the unorganized herbal medicine industry in emerging regions.

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Thanks to consistent healthcare advancement initiatives and awareness efforts, the prevalence of hepatitis C has fallen in developed countries over the years and could in fact dip into negatives over the coming years due to the widespread availability of medication and widespread awareness about the disease. The improving sanitation levels in developed countries have been vital for the drop in the prevalence of hepatitis C, as it has reduced the likelihood of the respective pathogens breeding in large amounts. The increasing awareness about hygiene and disease prevention in countries such as the U.S., Canada, the UK, France, and Germany is likely to further reduce the prevalence of hepatitis C over the coming years, restraining the growth of the hepatitis C drugs market in developed economies.

In emerging regions such as Asia Pacific, hepatitis C is considerably prevalent. However, the disease is often treated with herbal remedies, which are available more easily and much cheaper than conventional medicine. This is likely to be a major restraint for the hepatitis C drugs market over the forecast period.

Segmentation:

The global hepatitis C drugs market is segmented on the basis of drug class, medicine system, route of administration, end user, and region.

The global hepatitis C drugs market is segmented on the basis of drug class into anti-viral drugs, immuno-modulators, and others.

On the basis of medicine system, the global hepatitis C drugs market is segmented into allopathic medicine, alternative medicine, and others.

On the basis of route of administration, the hepatitis C drugs market is segmented into oral, injectable, and others. Oral administration held the dominant share in the global hepatitis C drugs market in 2015 and is likely to remain the leading revenue generator over the forecast period.

On the basis of end user, the market is segmented into hospitals and private.

Regional Analysis:

The global hepatitis C drugs market is segmented by region into the Americas, Europe, Asia Pacific, and the Middle East and Africa.

The Americas is likely to retain the dominant share in the global hepatitis C drugs market over the forecast period, followed by Europe, due to the widespread availability of advanced medication in the region. Due to the drop in the prevalence of the disease, the hepatitis C drugs market in North America and Europe is likely to remain stable or even reduce in size over the forecast period.

The hepatitis C drugs market is likely to exhibit promising growth prospects in emerging regions such as China and India over the forecast period. The growing prevalence of the disease in these regions, allied to the growing awareness about the prevention and treatment of the disease, is likely to drive the hepatitis C drugs market over the forecast period. Growth of the healthcare sector in countries such as India, China, Japan, Korea, Indonesia, Malaysia, and Singapore is likely to be vital for the global hepatitis C drugs market over the forecast period.

Competitive Analysis:

Leading players in the global hepatitis C drugs market include Gilead Sciences Inc., Johnson & Johnson, GSK, Bristol-Myers Squibb, F. Hoffmann-La Roche Ltd., Novartis AG, Merck & Co. Inc., and AbbVie Inc.

Industry Updates:

In February 2019, Indiana’s federal court enabled Medicaid recipients to receive direct-acting antiviral medications sooner.

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Urinary Incontinence Market to Perceive Momentous Accruals with a hefty CAGR By 2022

 

Overview:

Market Research Future (MRFR) in their latest report made an effort in providing the upcoming market scenario of the global urinary incontinence market in a holistic way. The urinary incontinence market is predicted to achieve a moderate CAGR and scale an impressive valuation of USD 27,775.9 million during the forecast period (2017-2022). Urinary incontinence denotes an unintentional leakage of urine under extreme stress or due to any kind of pressure on the bladder. It happens mostly in women. Women during pregnancy can experience the problem. Women of age group 30-60 are more prone to experience this problem than others. This occurs when a person loses his or her control over the urinary sphincter or the control gets weakened. The chance of a person contracting urinary incontinence grows with age. MRFR in their report talked in detail about the urinary incontinence market growth and harped on segments with both volume-wise and value-wise analysis. Simultaneously, the research also focuses on the competitive landscape and factors that can improve the urinary incontinence market dynamics in the coming years.

Increasing the level of stress, changes in lifestyle, pregnancy, and other reasons can trigger urinary incontinence. The patients are mostly divided into four types; constant-or-near-constant dribbles and leaks, stress-related leakage, urge-related incontinence, and inability to control the bladder. The urinary incontinence market is all set to receive backings from growing awareness in both developing and developed regions, latest technologies, infrastructural development, and demand for minimally invasive or non-invasive surgeries can help in the growth of the urinary incontinence market.

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Segmentation:

MRFR, for a better analysis of the global urinary incontinence market, segments it by types and devices.

Based on types, the global urinary incontinence market can be segmented into urge incontinence, stress incontinence, overflow incontinence, functional incontinence, and others. The stress incontinence segment has the largest market share as of the report. The urge incontinence segment is also expecting much growth during the forecast period.

Based on devices, the urinary incontinence market comprises electrical stimulation devices, Foley catheters, antimicrobial Foley catheters, urethral bulking agents and others. Foley catheters are getting much traction and are expected to keep their growth the same during the forecast period. Urethral bulking agents can work well with patients who have serious issues with anesthetic agents and cannot have surgical procedures.

Regional Analysis:

MRFR, in their region-specific analysis of the urinary incontinence market, includes the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

The Americas can be segmented into North America and South America. North America churns out the maximum revenue amount of the global urinary incontinence market. The regional market is amply backed by superior infrastructure, robust healthcare segment, reimbursement policies, and high investment from individuals regarding health. People in this region are quite aware of the problem and seek specialist help quite often which helps the market with expansion.

Europe and the APAC market are projected to grow with the fastest CAGR over the review period. Government’s in Europe are backing the healthcare sector with funds that are getting invested in research and development. In the APAC, the regional market is profiting from the presence of a huge population base where the upliftment of the healthcare sector is ensuring widespread awareness and easy access to treatments.

Competitive Landscape:

Notable players in the urinary incontinence market, as reported by MRFR, are NeoTract, Inc, Promedon, Cook Medical Inc., C.R. Bard Inc., Coloplast Corp, Boston Scientific Corporation, Ethicon US, LLC and others. Their influence on the market has great strategic relevance which has also spurred expansion in the market.

In 2018, Triple W, a company based out of San Diego, launched a wearable device called DFree. The device can predict the toilet timing and thereby, can stop accidents. This would give patients a heads up so that they can find a lavatory in time.

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Alzheimer’s Disease Market Estimated to Witness a Staggering Growth by 2022

 

Global Alzheimer’s disease Diagnostic Market   – Overview

The global Alzheimer’s disease therapeutics and diagnostic market is growing at a sound pace; mainly due to the increasing prevalence of the disease making it one of the major drivers for the market. According to a recent study report published by the Market Research Future, the global Alzheimer’s disease diagnostic market is booming and expected to gain prominence over the forecast period. The market will demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a sound CAGR during the anticipated period (2017 – 2022).

The major drivers will be the increasing per capita healthcare expenditure and growing geriatric population. With it the market for diagnostic test, including diagnostic molecules and assays will contribute significantly to the health and wellbeing of the patients.

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In 2017, according to the Alzheimer’s Association, 5.5 million Americans lives with Alzheimer’s dementia, and estimated 5.3 million are at 65 years old or above. Moreover, according to the National Institute of Health, the global geriatric population is expected to reach 1.6 billion by 2050 from 617 million in 2016. From the illustrated facts it is clear that the market will grow significantly in the presence of the need of diagnostics.

Global Alzheimer’s Disease Diagnostic Market – Competitive Analysis

Characterized by the presence of several well-established and small players, the global market of Alzheimer’s disease diagnostic appears to be highly competitive and fragmented. International players are increasingly expanding their footprint in the developing economy, making it difficult for regional vendors to compete with them, especially in terms of features such as product differentiation, product portfolios, quality, and pricing.  The market is witnessing intensified competition which is expected to get more intensified further during the forecast period. The intense competition prevalent in the market dictates the consolidation among players.

Well established players followed acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position.

Eli Lilly and Company is one of the major players in the global Alzheimer’s disease diagnostic market.  The total revenue generated by the company in 2016 was reported to be approximately around 21.2 billion. Followed by such huge revenue the company invested 24.7% of its revenue on the research and development. Following such a trends from the past few years, Eli Lilly and Company became a global leader in the fight against Alzheimer’s disease and it is leading the market since last 30 years. Today, Eli Lilly and Company has molecules to treat and diagnose Alzheimer’s disease in various stages of clinical development, including seven investigational compounds to treat Alzheimer’s disease and two diagnostics to help better diagnose the disease condition. To enhance the product development and commercialization the company in Jan. 27, 2016 announced an arrangement to partner with Roche Diagnostics on its ongoing development of a commercially scalable cerebrospinal fluid assay for amyloid-beta 1-42.

Eli Lilly and Company. (U.S.), TauRx (Asia Pacific), Accera, Inc. (U.S.), Treventis Corporation. (U.S.), Neuro-Bio Ltd (Europe), CogRx (U.S.) are some of the prominent players at the forefront of competition in the Global Alzheimer’s disease diagnostic Market and are profiled in MRFR Analysis. 

Global Alzheimer’s disease Diagnostic Market – Regional Analysis

The global market is led by the Americas. Rising per capita healthcare expenditures, presence of global players like CogRx and Accera, Inc. along with a huge patient population drives the market growth within the region. In 2015, according to the Centres for Disease Control and Prevention, in the U.S. the total healthcare expenditure accounted for 17.8% of the total gross domestic product (GDP), which accounted for USD 3.2 trillion. Europe is the second largest market. Huge patient population, increasing government support the R&D fuels the market growth within the region. According to the Alzheimer’s Society, the number of the patients suffering from dementia in the U.K is expected to reach over one million by 2025. Asia Pacific region consists of the developing economies like India & China making it to be the fastest growing region.  The Middle East & Africa region holds the least share, especially due to the African region. The Middle East region holds the market of this region due to huge healthcare expenditures.

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Digital 3D Printing Market Poised to Witness a Significant Growth by 2025

 Market Analysis 

Thedigital 3D printing market overview by MRFR says market is likely to touch USD 5,214.8 million at a 20.54% CAGR between 2019-2025, reveals the new Market Research Future (MRFR) report. Digital 3D printing, simply put, is a printing process that includes the evaluation as well as improvement of products & services in a systematic way to attain better quality. It is associated with those that manage the delivery of healthcare services and includes three vital steps- measurement, assessment, & improvement. 

Numerous factors are adding to the digital 3D printing market demand. Such factors, as revealed by the latest MRFR report, include increasing applications in the healthcare industry, technological advancements, increasing public-private funding, speedy process, ability to develop customized products, and reduction of errors. 

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On the contrary, the shortage of skilled labors, and high cost are factors that may limit the digital 3D printing market growth over the forecast period. 

Market Segmentation 

The Market Research Future Report provides an inclusive segmental analysis of the digital 3D printing market based on end user, application, technology, material, and component. 

By component, the digital 3D printing market is segmented into software/services and system/device. Of these, the system/device segment will lead the market over the forecast period. 

By material, the digital 3D printing market is segmented into ceramics, metal and alloy, polymers, and others. Of these, polymers will dominate the market over the forecast period. 

By technology, the digital 3D printing market is segmented into electron beam melting, jetting technology, laser sintering, deposition modeling, stereolithography, and others. Of these, stereolithography will have a major share in the market over the forecast period. 

By application, the digital 3D printing market is segmented into drug screening, hearing aids, tissue engineering, medical components, orthopedics, prosthetics, dental, and others. Of these, the dental segment will command the largest share in the market over the forecast period. 

By end user, the digital 3D printing market is segmented into pharmaceutical and biotechnology companies, dental clinics and laboratories, hospitals and surgical centers, and others. Of these, hospitals and surgical centers will lead the market over the forecast period. 

Regional Analysis

By region, the global digital 3D printing market covers the growth opportunities and recent trends across Europe, the Americas, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the Americas will command the largest share in the market over the forecast period for patients’ increased adoption of treatments, the rising incidence of diseases, and the presence of leading medical device companies in the region. The US is the key contributor in the region for increasing awareness, accessibility of advanced treatment options, developed healthcare infrastructure, and the presence of top market players. 

The digital 3D printing market in Europe is predicted to hold the second-largest share over the forecast period for the presence of developed economies like France, the UK, and Germany, increasing incidence of lifestyle-associated conditions, target population base, and favorable laws and government initiatives. 

The digital 3D printing market in the APAC region is predicted to grow at a high CAGR over the forecast period for the developing healthcare sector in Australia, India, Japan, and China, increasing prevalence of accidents, rising older population base, and growing per capita healthcare expenditure. 

The digital 3D printing market in the MEA is predicted to have a small share over the forecast period for extremely low-income and less economic developments in the African region. The market in the Middle East is predicted to have healthy growth over the forecast period. Saudi Arabia and Egypt are the key contributors in the region. 

Key Players

Leading players profiled in the global digital 3D printing market report include Renishaw PLC (UK), Micron Dental (US), General Electric (US), Materialise (Europe), ExOne (US), Formlabs (US), EnvisionTEC (US), Carbon, Inc. (US), 3D Systems, Inc. (US), and Stratasys Ltd (US). Industry players have incorporated key strategies such as product approvals, alliances, collaborations, mergers, partnerships, product launches, expansions, and acquisitions to stay ahead in the competition.

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Global Hyperspectral Imaging System Market Racing to a Heightened Growth by 2025

 Hyperspectral Imaging System Market Overview 

Hyperspectral imaging systems market size have drastically evolved from a broad, complicated, satellite or aviation-based remote sensing device into a reliable, lightweight, efficiently priced imaging and spectroscopic system for a variety of systems integration, diagnostic, monitoring, and inspection applications. In the life sciences, uses include colorimetry and color grading, spectral radiometry, industrial process management and quality control, live cell microscopy, pharmaceutical preparation and packing, identification of bio-agents, forensic analysis, camouflage identification, genomics and proteomics study and pre-cancer cell identification. 

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The use of scene assessment imaging techniques is becoming a key tool for remote, non-destructive evaluation. Traditional imagery, whether monochrome or colour, is based on the image’s spatial resolution. If the picture is distorted or too blurry thus the viewer would not be able to tell exactly what or where the object is. Hyperspectral imagery provides important details to a scene’s brightness evaluation by incorporating the amount of light from the spatial location of each image as a feature of the wavelength. 

Hyperspectral data is often handled with loads of extra bands as enhanced multispectral data — a method that is usually inefficient, and a waste of bandwidth and processing time. Methodologies are available to match spectral information curves, and also provide key sample information. The accuracy of the information obtained depends on the mechanical properties of the instrument, the requirements for lighting and the interpretation of the experimental data — all of which are also calculated by the particular specifications of an application. 

Hyperspectral Imaging System Market Segmentation 

The optical and spectral properties of a hyperspectral imaging device are essentially determined by the criteria for operation. All devices, however, have that in general the same basic elements: a means of imaging the specimen, a means of providing both spectral and spatial resolution as well as a means of detection. On the basis of the product the global market for hyperspectral imaging systems has been segmented into Short-Wave Infrared, Visible/Near-Infrared, Mid-Wave Infrared, and Long-Wave Infrared. And based on application the market has been segmented into Remote Sensing, Surveillance, and Medical Diagnostics, and Machine Vision/Optical vision. Based on the technology, the market has been segmented into Pushbroom, Snapshot, and others. 

Hyperspectral Imaging System Market Regional Overview 

Americas is projected to become the largest global market, due to the involvement of leading players in America’s major countries. The European region has the second largest market share, as regulatory bodies are gradually endorsing initiatives for cancer control. The region Asia-Pacific is projected to become the fastest-growing region in the worldwide market for hyperspectral imaging systems. This area is experiencing a boom in developing nations such as India due to rising mining activities, and increasing biotech and agriculture industries. Owing to a poor health system and insufficient access to novel technologies, the smallest regional market is the Middle East & Africa.

Hyperspectral Imaging System Industry News 

The multimodal Raman microscope LabRAM Soleil is designed for imaging with UV-VIS-NIR. The confocal imaging microscope deals with ultrafast images, innovative features of processing and a set of applications. An picture-compression algorithm allows for fast hyperspectral imaging, and up to 6 lasers and 6 spectroscopic modules can be used.

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Global Facial Fat Transfer Market Racing to a Heightened Growth by 2025

 Market Highlights

Facial Fat Transfer Market share is estimated to be valued at USD 7789.1 Million by 2025 and is expected to register a CAGR of 11.05% during the forecast period.

Facial fat transfer is a minimally invasive surgical procedure to move fat from an area of the body where it is plentiful and transfer it to the face to restore lost volume. The fat is gently removed using modern liposuction techniques and is then prepared for injecting into the face. Several dermal fillers are available in the market, designed to improve different parts of the face.

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Segment Analysis

The Global Facial Fat Transfer Market has been segmented based on the target area, Treatment, End-User, and Region. Based on the target area, the market has been divided into naso-labial folds, lips, marionette folds, temples, chin, and under-eye area. Based on treatment, the market is further sub-segmented as dermal fillers, fat injections, and others. On the basis of end user, the market has been divided into hospitals, cosmetic surgery clinics, and others.

Regional Analysis

Geographically, the Global Facial Fat Transfer Market has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. As per MRFR analysis, Americas were the largest market for facial fat transfer in 2018 and is expected to remain dominant during the review period. Increasing awareness regarding body aesthetics and the introduction of advanced technology in the facial rejuvenation industry are major factors that drive the growth of the facial fat transfer market in the American region.

Europe accounted for a significant market share and is projected to be the second-largest market during the forecast period. The increasing demand for minimally invasive cosmetic procedures is fueling the facial fat transfer market growth in European countries. For instance, according to the British Association of Aesthetic Plastic Surgeons, in London, 2019, over 28,000 cosmetic procedures took place in 2018.

The market in Asia-Pacific is expected to register a significant growth rate during the forecast period. The majority of the companies in Asia-Pacific are committed to investing in research and development of facial fat transfer treatments, which will ultimately boost the growth of the market.

The growth of the Middle East and Africa facial fat transfer market is majorly attributed to developing healthcare infrastructure, and continuously increasing demand for facial fat transfer products. Africa holds the least share of the market due to the limited availability of funds and medical facilities.

Market Players

Market Research Future (MRFR) recognizes DR. Korman (Israel), Galderma Laboratories, L.P. (US), Integra LifeSciences Corporation (Israel), Merz Pharma (Germany), Allergan (Ireland), SciVision Biotech Inc (Taiwan), Suneva Medical, Inc (US), Bausch Health Companies Inc (Canada), Teoxane Laboratories (Switzerland), Ipsen Pharma (France), Sinclair Pharma (UK) as the key players in the Global Facial Fat Transfer Market.

Key Findings of the Study:

• The Global Facial Fat Transfer Market is projected to reach over USD 7789.1 Million by 2025 at an 05 % CAGR during the review period of 2019 to 2025.
• North America accounted for the largest market share, with the US being the major contributor to the growth of the market.
• Based on the target area, the naso-labial folds segment is projected to register the highest CAGR of 11.51% during the forecast period owing to the rising prevalence of facial fat transfer cases.
• On the basis of treatment, the dermal fillers segment accounted for the largest market share of 49.76% in 2018.
• Based on end user, the hospitals segment accounted for the largest market share of 49.20% in 2018

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Perfusion Radiology Market Poised to Witness a Significant Growth by 2025

 Market Highlights

The Global Perfusion Radiology Market Share is expected to register a CAGR of 7.48% during the forecast period, with a market value of USD 9,858 Million till 2025. Perfusion is the passage of fluid through the lymphatic system to organs or tissues. Perfusion radiology is the process by which passage of perfusion can be observed, recorded, and quantified. This is widely used for the diagnosis of chronic disorders such as cancer, brain tumor, and lung-related disorders.

The growing prevalence of cardiovascular and neurological diseases, increasing geriatric population, and advancements in technology are expected to enhance market growth. However, the stringent regulatory policies and lack of awareness for the use of advanced technologies are projected to curb the growth of the market.

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Segment Analysis

The Global Perfusion Radiology Market, by application, has been segmented into cardiovascular imaging, ventilation imaging, brain imaging, and others. By end-user, the global perfusion radiology market has been classified as hospitals, diagnostic centers, and others. 

Regional Analysis

The Global Perfusion Radiology Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

North America accounted for the largest market share of in 2018, owing to the incidence of cardiovascular diseases, brain tumors, and tumor-related angiogenesis

Europe is anticipated to account for the second-largest market share during the forecast period. The market growth in Europe can be attributed to the considerable rise in neurological disorders. For instance, according to the European Brain Council, 2017 data, a total of 220.7 million people in Europe were suffering from at least one neurological disease, which promoted the use of perfusion radiology for the diagnosis of such diseases.

Asia-Pacific is likely to be the fastest-growing region in the global perfusion radiology market. The high growth rate is due to owing to the presence of rapidly developing economies of China, India, and South Korea. India held a share of 18.8% in the Asia-Pacific perfusion radiology market in 2018.

The Middle East & Africa market is projected to show gradual growth during the forecast period. In this region, the Middle East is anticipated to dominate owing to the presence of developed countries such as Egypt, Saudi Arabia, and others.

Key Players

MRFR recognizes the following companies as the Key Players in the Global Perfusion Radiology Market— GE Healthcare (US), Siemens Healthineers AG (Germany), Canon Medical Systems Corporation (Japan), Bracco Diagnostic, Inc. (Italy), Koninklijke Philips N.V. (Netherlands), Shimadzu Corporation (Japan), Lantheus Medical Imaging, Inc (US), Perimed (US), Neusoft Corporation (China), and Advantis Medical Imaging (Netherlands)

Key Findings of the Study

• The Global Perfusion Radiology Market was valued at USD 6,009.3 million in 2018 and is estimated to grow to USD 9,858 Million by 2025 at a CAGR of 7.48% during the assessment period
• The Americas accounted for the largest share of the global market due to the increase in the incidence of cardiovascular diseases, brain tumors, and tumor-related angiogenesis.
• Based on application, the cardiovascular imaging segment accounted for a market share of 12% in 2018
• On the basis of the end-user, the hospital’s segment dominated the market and accounted for a share of 65% in 2018

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