Thursday, 17 December 2020

Foley Catheters Market Foreseen to Draw a Promising Growth by 2023

 Foley catheter mostly used when the patient have infection, swollen prostate or bladder stones for drain urine from the bladder. It is a hollow and flexible urinary drainage tube that passes through the urethra and urinary bladder to drain urine. It is the most common type of urinary catheters. It is designed with the purpose to left in place for short or long periods of time. Catheter are necessary till the time patient suffering with infection, swollen prostate or bladder stones not able to urinate on own. According to National Kidney Foundation, Inc., one in five women may suffer from urinary tract infections at list once in a lifetime. In 2015, it is estimated that around 150 million urinary tract infection occurs annually on a global basis. Report suggest that prevalence of urinary tract diseases is more in females in compare to males, 40% to 50% of whom will suffer at least one clinical episode during their lifetime. Besides this increasing prevalence of bladder cancer is also has a synergistic impact on the growth of the market.

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Braun Melsungen AG (Germany), Coloplast Ltd (Denmark), Cook (US), Teleflex (US), Medline Industries, Inc. (US), and Medtronic (Republic of Ireland), C. R. Bard, Inc. (U.S.) are some of the leading players at the cutting edge of the competition in the market of foley catheters drug, globally.

Global Foley catheters Market – Overview

The global Foley catheters market is showing the significant growth; mainly due to increase in patient population suffering with Urinary tract infection, kidney and other renal diseases. Also increasing in aging population is one of the major factor for the growth of Foley catheters market. According to National Kidney foundation, 10% of world’s total population was affected by chronic kidney disease in 2015. Foley catheters are consider very useful in treatment management of acute urinary retention and chronic urinary retention. According to American Society of Nephrology, around 26 million Americans are suffering from chronic kidney disease.

Companies are showing much interest toward the market of involuntary urination, as they feels there are huge opportunity and gap between the market demand and supply of effective treatments. Thus, companies are showing more interest in merger and acquisition activities for introducing quality product that meet the requirement of market. The development has been made by B. Braun Melsungen AG in 2016, they collaborate with Omnicell’s Performance Center and IV Automation Technology to increase system interoperability and to help reducing the time and clinical support needed to manage IV Infusions and IV compounding. Also in 2016, company launched the Only Macro and Micro Compounder with 26-lead preassembled sets the APEX Compounding System. It is the newest addition to B. Braun’s Clinical Nutrition 360 offering, which is a comprehensive approach to meeting the individualized clinical needs of patients and customers.

In 2015, C R Bard Inc. agrees to acquire Liberator Medical and has entered into a definitive agreement to acquire Liberator Medical Holdings Inc. by this acquisition C R Bard Inc. will improve its product portfolio as liberator medical has a strong list of products thus further improving its quality of products globally.

Global Foley catheters Market   – Regional Analysis

The market of foley catheters is much higher in the Americas region. There are huge population suffering with various urologic diseases. According to Urology Care Foundation, in 2015, quarter to a third of men and women in the United States were suffering from involuntary urination. Millions of the Americans are facing the problems of involuntary urination and about 33 million have overactive bladder representing symptoms of urgency, frequency and with or without urge incontinence.

Europe is also consider huge market for foley catheters players, owing to increasing number of hospitalized patients due to various medical complications. According to last statistics published by EUROPA in 2014, an average duration of hospital stay in the European country is 5.2 days to 10.5 days.

Asia Pacific and the Middle East and Africa region are considering the big market. Whereas country like India and china of Asia Pacific region are considering fastest growing region due to presence of huge population suffering with urologic diseases, additionally they are open to adopt new technology, and best treatment option from developed, this gap between the developed and developing countries will present significant growth opportunity for the foley catheters market players in the coming years. Whereas the Middle East and Africa are low market due to his incapability of investment.

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Skin Graft Market: Information, Analytical Insights and growth of 2020 – 2023

 

Market Highlights

The skin graft market is chiefly driven by rise in cases of accidents, burns, surgeries requiring removal of skin, skin loss due to infection such as necrotizing fasciitis or purpura fulminans and cancer etc. The rise in the number of plastic surgeries due to the growing influence of the fashion and media industry coupled with the development of tourism sector has led to the growth of the market. The global skin graft market represents a bipolar outlook with huge difference in the rural and metropolitan regions. The developed metropolitan regions especially with tourism and fashion industry sectors such as Bangkok, Las Vegas, and Los Angeles etc. have skin graft surgeries disproportionate to their population and needs.

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The skin graft market is led by the product development strategy which is being witnessed in the equipment section and most prominently the dermatome. Dermatome is a surgical instrument used to create thin slice the skin in skin grafting. Latest technological developments have led to the development of advanced dermatomes such as air dermatome which is more efficient and allows for greater control and accuracy in slicing skin of uniform thickness. As the use of dermatomes is dependent on the skill of the surgeons, scarcity of skilled surgeons is acting as a constraint on the global skin graft market.

Global Skin graft Market Players:
Key players profiled in the report are Organogenesis, Inc., Specmed Medical, Stratatech Corp, Tissue Regenix Group PLC, Avita Medical, Convatec Inc, Medrotonic, Coloplast, B.Braun Melsungen, zimmerbiomet, Stratatech Corporation, Zimmer Biomet and others.

Test the market data and market information presented through more than 50 market data tables and figures spread over 80 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Skin graft Market” Research Report – Forecast to 2023.

Segmentation:
The global skin graft market is segmented on the basis of graft type, graft thickness and applications. Based on graft type, the market has been segmented as autologous, isogeneic, allogeneic, xenogeneic and prosthetic. Based on the graft thickness, the market has been segmented as split-thickness, full-thickness and composite graft. Based on the applications, the market has been segmented as extensive wound, burns, extensive skin loss due to infection, skin cancers and others. Based on the equipment, the market has been segmented as dermatome (knives dermatomes, drum dermatomes, electric dermatomes, air dermatomes), general surgical instruments, consumables and others. Based on the end users, the market has been segmented as hospitals and clinics, academic and research and others.

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.


Dermal Fillers Market: Information, Analytical Insights and growth of 2020 – 2025

 Market Highlights

Dermal Fillers Market-Overview

The global dermal fillers market is expected grow at a fast pace owing to an increasing trend of using anti-ageing treatments, and demand for various devices for dermatology procedures in the market.  Rising awareness about skin care and extensive demand for diagnostic and treatment services for skin diseases also influence the growth of the market.

Increasing number of cosmetic surgeries as well as lifestyle changes further accelerate the market growth. There is an increases in the number of facial injectable surgeries performed on women, as their demand is increasing from last few years, thus boosting the development of the market.    Around 91% of facial injectable surgeries are performed on women across the globe. Additionally, availability of well qualified and highly skilled healthcare professional such as dermatologist and surgeons increase the demand for dermal fillers and other dermatology devices and appliances in the market.

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Technological advancement further determines the development of dermal fillers market as the key players are now engaged in product differentiation strategy, which is important to sustain the company`s growth and strength its geographical presence.

Key Players in The Dermal Fillers Market:

ALLERGAN (Republic of Ireland), Dr. Korman Laboratories (Israel), GALDERMA (Switzerland), Integra Lifesciences (US), Merz Pharma (Germany), Sinclair Pharma (UK), and Teoxane laboratories (Switzerland). The major players focus on the development of products useful for particular segment such as nutritional products for adults, children and geriatric population. The major players focus on the development of products useful for particular segment such as nutritional products for adults, children and geriatric population.

Key Developments:

Strategic approaches adopted help the major players in the market to sustain their growth and develop their business in various geographical areas across the globe. Agreements and collaborations, mergers and acquisitions, and new product launches are various strategies followed by the key players. This help the companies to reach untapped markets in developing nations of the worlds, thus reducing the supply demand gap.

ALLERGAN:

Allergan has a wind range of products which provides efficient treatment for the central nervous system, eye care, medical aesthetics and dermatology, gastroenterology, women's health, urology and anti-infective therapeutic categories

June 2017: Allergan announces launch of artificial tear refresh optive mega-3.

June, 2017: Allergan announced the acquisition of Keller Medical, adding Keller Funnel to co's leading plastic surgery portfolio.

March 2017: Allergan and Editas Medicine enter into strategic research and development alliance. This alliance is to discover and develop Crispr Genome editing medicines for eye diseases.

Galderma:

Galderma is a global leader in dermatology and has strategic partnerships with brands like Soolantra, Tri-Luma, Loceryl, BenzacEpiduo, Oracea, Differin, Mirvaso, Cetaphil, Excipial, Daylong, Restylane, Emervel and many other brands. The company focus on the production of  innovative solutions in the field of dermatology for the treatment of various skin diseases such as acne, rosacea, psoriasis, steroid-responsive dermatoses, onychomycosis, pigmentary disorders, skin cancer and other various fields in skin care.

January 2017: Galderma launched two new dermal fillers. In December, Galderma received FDA approval for a pair of next-generation hyaluronic acid (HA) dermal fillers: Restylane Refyne and Restylane Defyne.

January 2017: Galderma announces approval of Azzalure in Europe for treatment of lateral canthal lines in adults. Azzalure, a product in-licensed from Ipsen, received positive opinion from the French regulatory authority, ANSM, for treatment of lateral canthal lines (crow’s feet), either alone or in combination with treatment of glabellar lines.

July 2016: Chugai and Galderma Announce Global License Agreement for Nemolizumab (CIM331), Novel Biologic for Skin Diseases. The primary aim of this agreement is to improve atopic dermatitis by breaking the itch-scratch cycle which has great expectation for nemolizumab.

January 2016: Maruho and Galderma to Join Forces in a Strategic Alliance in Japan. One of the major reasons of this strategic alliance is that galderma will permit maruho to additionally promote their products in japan in the field of dermatology.

Integra Lifesciences:

February 2017: Integra Lifesciences plans to acquire Codman neurosurgery business from Johnson & Johnson.

February 2016: Integra Lifesciences Holdings Corp announces Service Alliance Agreement with PREZIO Health. By this Integra life science will have an authorized service provider for surgical devices and instruments.

May 2015: Integra Lifesciences completes acquisition of TEI Biosciences and TEI Medical. This acquisition Integra will expand their biomedical product profile with collagen based products strengthening the product portfolio of Integra Life Science.

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Critical Care Equipment (CCE) Market is expected to rise at a remarkable CAGR By 2023

  Market Highlights

The Middle East & Africa (MEA) critical care equipment (CCE) market can grow substantially to a valuation of USD 1061.4 million during the forecast period (2017-2023) from a measured valuation of USD 681.2 million in 2016. Market Research Future (MRFR) explains in a detailed report that the leap will take place with an impressive CAGR of 5.7%. The healthcare industry is changing at a rapid rate in the region owing to the need for better treatment. Advents in technology are also aptly backing it up. On the upside, it has a positive impact on critical care which developing fast. The climatic condition of the region triggers many diseases that need immediate, intense care owing to which a revamping of the critical care market is of the utmost importance. Governments in the region have realized the urgency of such developments and the region is also getting global funding.

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However, on the downside, the region has low per capita income, and some of the poorest countries of the world belong here. This could prove detrimental to the otherwise promising market. At the same point of time, awareness among the populace regarding diseases is not so high which can make the MEA CCE market lag behind.

Competitive Scenario:

The region is largely untapped which gives market players ample opportunity to expand their operational boundary. Grabbing this chance with both hands, many multinationals are taking this as a key to explore the uncharted regions further.

Some of the critical care equipment market manufacturers are namely Siemens Healthcare Private Limited (Germany), Johnson & Johnson Services, Inc. (US), General Electric Company (US), Koninklijke Philips N.V. (Netherlands), Medtronic (Republic of Ireland), Baxter (US), and others.  

Industry Trends:

The crisis in the region regarding critical care is astounding. Hence, many multinationals and local operatives are working in collaboration to improve the system so that they can reach out to a larger patient pool. Recently, Nyeri County Referral Hospital in Kenya collaborated with Philips to increase their service efficiency by providing the necessary training to their staff and implementing new machines that could prove vital in saving lives.

Trivitron Healthcare Private Limited (“Trivitron”), an Indian market giant, is collaborating with the Investment Funds for Health in Africa (“IFHA”), a leading private equity investor in the healthcare sector in Africa, to launch Trivitron Healthcare Africa B.V. (“THA”), which will have its focus solely on the African continent. This company will provide world-class equipment to the hospitals and research laboratories and a reliable after-sales service.

Segmentation:

The critical care equipment MEA market can be segmented by type of equipment and end-user.

By type of equipment, the CCE market can be segmented into patient monitor, medical ventilator, dialysis, iv pumps, infusion pump, suction apparatus, and others.

Based on end-users, the market includes hospitals, research laboratories, and others. Hospitals constitute 80.60% of the market, and its impact is substantial in the region.

Regional Analysis:

The MEA market for CCE witnesses the U.A.E leading from the front as the country is financially superior and per capita income is quite high. Saudi Arabia is also contributing substantially, and the market is growing in the country. Egypt in Africa registered significant growth. On the other hand, Dubai is emerging as a hub for medical tourism which can change the face of this region. Rest of the MEA countries are going to show slow but steady growth.

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Veterinary Software Market Estimated to Witness a Staggering Growth by 2027

  Market Highlights

Global Veterinary Software Market share 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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Global Tracheostomy Products Market Research Report 2020 Analysis and Forecast to 2024

  Market Highlights

The Global Tracheostomy Products Industry 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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MEA Hypertension Drugs Market Poised to Witness a Significant Growth by 2022

  Market Scenario:

Hypertension or high blood pressure is the condition when blood pressure increases to the unhealthy level. Hypertension is very harmful and it can lead to stroke, heart failure, heart attack and kidney diseases. The main purpose of anti-hypertension drug is to lower and control high blood pressure to protect organs like brain, heart, kidneys. Hypertension affects four out of ten adults in Middle East and Africa region. Over 1.5 million deaths occurs due to hypertension in Middle East and Africa. Countries in Middle East and Africa bear a heavy burden from hypertension diagnosis and treatment. Huge funding in R&D and various initiatives by government are driving the growth for Hypertension Drugs Market in Middle East and Africa. Middle-East and Africa Hypertension Drugs Market is growing moderately. The market is growing at the CAGR of 3.1% and expected to reach to US$ 5.31 billion by 2022.

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Segments:      

Middle-East and Africa Hypertension Drugs Market classification has been segmented on the basis of type which comprise Thiazide diuretics, Beta blockers, Angiotensin-converting enzyme (ACE) inhibitors, Angiotensin II receptor blockers, Calcium channel blockers, Renin inhibitors, Alpha blockers, Alpha-beta blockers, Central-acting agents, Vasodilators, Aldosterone antagonists, and others.

Regional Analysis of Middle-East and Africa Hypertension Drugs Market:    

Considering the Middle-East and Africa Hypertension Drugs Market scenario, UAE region is believed to be the largest market for Middle-East and Africa Hypertension Drugs. Moreover Saudi Arabia market is also growing and second largest market for Hypertension Drugs. On the other hand, Egypt market is expected to grow at the steady pace in the Middle-East and Africa Hypertension Drugs during the forecasted period. Rest of the Middle East and Africa region is likely to have a limited but steady growth in the market.

Key Players for Middle-East and Africa Hypertension Drugs Market:      

Some of the key players in this market are: Abbott (US), Johnson & Johnson Services, Inc. (US), Novartis (Switzerland), GlaxoSmithKline plc.(UK), AstraZeneca (UK), Bayer AG (Germany), Pfizer Inc.(US), Merck & Co., Inc. (US), Sanofi (France), F. Hoffmann-La Roche Ltd (Switzerland), Gilead (US)

The report for Middle-East and Africa Hypertension Drugs 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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