Healthcare Information Systems Market Statistics Analysis 2020-2023

 The healthcare information systems market is projected to grow at a CAGR of 10.0% during the forecast period 2018 to 2023. As per the healthcare information systems market research report, the global market for healthcare information systems is projected to grow swiftly. According to analysts, increasing cost of healthcare as well as increasing geriatric population will drive the market growth during the forecast period. The healthcare information systems market research report offers a comprehensive analysis of the global healthcare information systems market and its deployment, components, end-users, and type segments. The low per capita income along with poor economic conditions in certain regions are the elements that could influence the healthcare information systems market advancement throughout the forecast period 2018 to 2023. The healthcare information systems market research report by expert analysts is developed to assist organizations in the healthcare information systems market.

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Market Segmentation

The global healthcare information systems market has been segmented based on deployment, components, end-users, and type. On the basis of type, the market for healthcare information systems is segmented based on pharmacy information systems, hospital information systems. Additionally, the market on the basis of components, is segmented into software, hardware. The global market for healthcare information systems is also covered based on the deployment segment which is further split into web-based, on premise. Based on end-users, the market is segmented into hospitals.

Major elements such as lack of expertise could obstruct the healthcare information systems market growth. However, according to the healthcare information systems market research report, mounting prevalence of fatal diseases along with increase in adoption of advanced technologies will propel growth throughout the forecast period 2018 to 2023. The healthcare information systems market is set to register growth at a high CAGR owing to these key factors. The exploration of deployment, components, end-users, and type segments along with regional markets has been given in the global healthcare information systems market research report. The research analysts studying the healthcare information systems market have put out market forecasts in the healthcare information systems market research report in order to support healthcare information systems market-based companies. The healthcare information systems market research report provides an extensive understanding of the healthcare information systems market based on the information and forecasts till 2023.

Regional Overview

North America, Europe, Asia Pacific and the rest of the world regional market for healthcare information systems are predominantly covered in the global healthcare information systems market research report. Country-level healthcare information systems markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level healthcare information systems markets are covered in the report. In Asia-Pacific (APAC) region, the country-level healthcare information systems markets covered are Japan, India, China, and others. The healthcare information systems market research report also explores the regional market for healthcare information systems present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The healthcare information systems market research report also covers regional markets from the rest of the world alongside healthcare information systems markets of Africa and the Middle East.

Competitive Landscape

Growing usage of digital healthcare infrastructure and enhanced efficiency of services are presumed to drive the healthcare information systems market growth worldwide. The global healthcare information systems market could be challenged by infrastructure based limitations, nevertheless, organizations in the healthcare information systems market will carry the growth rate forward. The healthcare information systems market research report presents company profiles of major companies active in the healthcare information systems market globally. Furthermore, the global healthcare information systems market report offers an all-inclusive analysis of the market collected from the healthcare information systems market’s primary and secondary sources covering both decision makers and thought leaders. The healthcare information systems market research report highlights such key areas assisting businesses operating in the healthcare information systems market to build better growth strategies.

Industry News

 

Despite a protest against a local non-profit, which provides approximately $30 million less and federal worries that the move could advertise public healthcare in the state, the Oklahoma Health Care Authority has approved the contract with a multinational software firm to share health information. A protest against the organization was lodged on 11 January by the Tulsa-based MyHealth Access Network calling the offering procedure "heavily flawed" as well as "arbitrary."

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Hemostasis and Tissue Sealing Agents Market 2020-2023 Shares, Trend and Growth Report

 The global hemostasis and tissue sealing agents market is projected to grow at a CAGR of 8.6% over the forecast period. There has been increasing demand for such products as it reduces complication during surgical procedures. Moreover, large number of surgical procedures across the globe are impacting the growth of the market positively. Increasing numbers of surgery procedures worldwide is one of another reason for driving the growth of the hemostasis and tissue sealing agents market.  Surgeries are performed by making cut on the body which leads to the wound formation. Hemostasis and tissue sealing agents products are used in external surgical processes for reducing bleeding. For example, they are used in neurosurgical procedures, cardiac surgery, bariatric surgery, leg surgery, cesarean and orthopedic surgery. Hemostasis and tissue sealing agents products, are frequently used to reduce complexity and reduce recovery time after surgery. The high surgical procedure numbers lead to rising need for hemostasis and tissue sealing agents which reduces the risk during surgical procedures. However, factors such as increasing advancement minimally invasive procedures, lack of reimbursement for these products is hampering the growth of the market

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Regional Analysis

Geographically, the Americas is anticipated to dominate the global hemostasis and tissue sealing agents market owing to the high clinical R&D budgets by both government as well as public and private organizations, presence of major manufacturers for the products, high number of surgical procedures and various others. For instance, according to the Center for Diseases Control and Prevention, approximately 46.5 million surgical procedures are performed every year in the U.S.

Europe is expected to hold the second largest position in the global hemostasis and tissue sealing agents market. The Hemostasis and tissue sealing agents 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 increased medical tourism for surgical procedures, increasing healthcare expenditure in developing countries and various others. The Middle East & Africa has the lowest share of the global hemostasis and tissue sealing agents market. Majority of the market of the region is anticipated to be held by the Middle East region owing to the growing government initiatives for the healthcare sector.

Segmentation

The global hemostasis and tissue sealing agents market has been segmented into product, and end user.

By product, the market has been segmented into topical hemostats, and adhesive & tissue sealant. Furthermore, topical hemostats is divided into Active, mechanical (collagen based hemostats, cellulose based hemostats, gelatin based hemostats, polysaccharide based hemostats) Flowable. Adhesive & tissue sealant is further segmented into synthetic, natural, and adhesion barrier.

Further on the basis of end user the market is bifurcated into hospitals, ambulatory centers and others

Key Players

Some of the prominent players in the global hemostasis and tissue sealing agents market are Johnson & Johnson, Cryolife, Inc., Baxter International, Inc, Ethicon LLC, Integra Lifesciences Corporation, Becton, Dickinson & Company, Cohera Medical, Inc., Pfizer, Inc, Medtronic plc, B. Braun Melsungen AG, MIL Laboratories Pvt. Ltd, Advanced Medical Solutions Group Plc and others.

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Transdermal (Percutaneous) Drug Delivery Systems Market to Witness Growth Acceleration During 2020-2023

 The global transdermal (percutaneous) drug delivery systems market is expected to register a healthy CAGR over the forecast period. The market held a market value of USD 5,400.2 million in 2017 and is projected to grow at a CAGR of 4.6% during the forecast period from 2018 to 2023. Transdermal drug delivery system (TDDS) delivers drugs through the skin to systemic circulation at a predetermined rate and maintain the effective concentrations clinically over an extended period. TDDS also called as patches are dosage forms that deliver a therapeutically effective amount of drug via the patients’ skin. Worldwide growing geriatric population along with rising in the prevalence of chronic diseases is the leading factor driving the market growth. In addition, rapid technological advancements in transdermal drug delivery systems and increasing adoption of third-generation delivery systems are expected to augment the market growth during the forecast period. The geriatric population is more prone to develop Q fever. The elderly population across the world is on the surge. The World Health Organization (WHO) reported that the worldwide population aged 60 years and above was 962.0 million in 2017, which is projected to increase to over 2.0 billion by 2050 and further would reach to 3.1 billion by 2100.

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Few of the technological advancements in the TDDS are transdermal patch design modification, incorporation of pressure sensitive adhesives and permeation enhancers that results in the enhancement of drug diffusion and increased the capacity to hold the drug in larger amount are expected to propel the demand for TDDS during the forecast period. Technological inventions such as the inclusion of microneedles or mechanical arrays in transdermal patches and miniaturized and advanced transdermal patches and reservoir type transdermal patches that deliver precise medication dose are expected to facilitate the market growth during the forecast period.

Regional Analysis

The global transdermal (percutaneous) drug delivery systems market has been segmented by region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. On the basis of region, the Americas spearheaded the global transdermal (percutaneous) drug delivery systems market in 2017. This is due to the existence of prominent market participants and developed healthcare infrastructure, a rising number of product launches and the continued participation of the leading vendors in conducting clinical trials in the US and Canada.

Europe would be the second-largest value contributor in the transdermal (percutaneous) drug delivery systems market as the transdermal patches are gaining popularity in the UK, Germany, and France because patients and primary care physicians are mostly focused on easier drug delivery methods.

The market in Asia-Pacific is forecasted to showcase comparatively higher CAGR during the forecast period attributed to growing older population base along with the rising prevalence of chronic diseases, growth in healthcare spending, raise in awareness about TDDS, and to increase research and development activities.

The Middle East & Africa has the least share of the global transdermal drug delivery systems market. Additionally, the major market share of the region would be held by the Middle East region due to growing healthcare sectors and health system reforms in the Gulf Cooperation Council (GCC) countries.

Segmentation

The global transdermal (percutaneous) drug delivery systems market has been segmented into product, technology, application, and region.

By product, the market has been segmented into transdermal patches and transdermal semisolids. The transdermal patches segment is further categorized into drug-in-adhesive patches, matrix patches, reservoir membrane patches, and microneedle patches. The transdermal semisolids segment is additionally divided into gels, ointments, and sprays.

On the basis of technology, the market has been divided into electric current, iontophoresis, electroporation, ultrasound, microporation, thermal, and others.

Based on application, the market has been categorized into pain management, cardiovascular diseases, hormone replacement therapy, central nervous system disorders, smoking cessation, contraception, and others.

Key Players

Some of the foremost players in the global transdermal (percutaneous) drug delivery systems market are Mylan N.V., Hisamitsu Pharmaceutical Co., Inc., Novartis International AG, Boehringer Ingelheim International GmbH, GlaxoSmithKline plc, Johnson & Johnson Services, Inc., Endo Pharmaceuticals Inc., UCB S.A., Pfizer Inc., Allergan plc, Actelion Pharmaceuticals Ltd, and Noven Pharmaceuticals, Inc.

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Veterinary Infusion Pumps Market Revenue Analysis by 2023

 Global veterinary infusion pumps market is expected to grow significantly over the forecast period. It is anticipated that the market held value of USD 85.9 million in 2017 and is projected to grow at a CAGR of 4.9% over the forecast period.

The factors such as growing demand for pet insurance and increasing animal healthcare expenditure, rising demand for animal-derived food products, and growth in the number of veterinary practitioners and their income levels are expected to propel the growth of the market. However, increasing animal care costs hamper the market growth over the forecast period.

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Segmentation

The global veterinary infusion pumps market has been segmented into type, end user, and region.

Based on type, veterinary infusion pumps market is segmented into syringe infusion pump and large-volume infusion pump. The large-volume infusion pump segment is expected to account for the largest share segment of the market in 2017.

Based on end user, veterinary infusion pumps market is segmented into veterinary hospitals, veterinary clinics, and others. The veterinary hospitals segment is expected to account for the largest share segment of the market in 2017.

The veterinary infusion pumps market segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The veterinary infusion pumps market in the Americas further segmented into North America and Latin America, with the North American market divided into the US and Canada.

The European veterinary infusion pumps market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.

The veterinary infusion pumps market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific.

The veterinary infusion pumps market in the Middle East & Africa segmented into the Middle East and Africa.

Regional Market Summary

Geographically, the Americas is anticipated to dominate the global veterinary infusion pumps market owing to a well-established player, growing demand for pet insurance and increasing animal healthcare expenditure, rising demand for animal-derived food products, and growth in the number of veterinary practitioners and their income level.

Europe is expected to hold the second largest position in the global veterinary infusion pumps market. The market growth in this region is attributed to growing adoption of companion animals and increasing prevalence of animal diseases.

The veterinary infusion pumps 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.

The Middle East & Africa has the least share of the veterinary infusion pumps market.

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Dental Lasers Market Analysis and Value Forecast Snapshot by End-use Industry 2020-2023

 The global Dental Lasers Market is estimated reach USD 2.3 billion by 2023 with a CAGR of 5.2% during the forecast period (2017-2023).

The term “LASER” stands for ‘Light Amplification by the Stimulated Emission of Radiation’. Lasers emit a thin and concentrated beam of light, producing a thermal output. This thermal output has been used in the dentistry for endodontic treatment, oral surgery, implantology, peri-implantitis, periodontics, and others.

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From the past few years, the dental laser market has expanded with a steady CAGR. Factors such as, increasing prevalence of dental diseases, rising dental healthcare expenditure, growing R&D by the major market players, and increasing dental tourism are estimated to drive the market during the forecast period. Dental caries is a common chronic tooth tissue disease and effects ~90% of the world population (once in the lifetime). In the presence of such high prevalence of dental caries, demand of related therapeutics has increased. It is reportable that dental caries can be removed effectively by the application of dental lasers. Fast procedure and minimal invasion are some of the advantages associated with caries removal by dental lasers.

However, factors such as high cost of dental laser, changing reimbursement policies, lack of skilled work-force and awareness in the developing economies restraints the market growth.  A sophisticated laser system is estimated to cost about USD 300, 000 to USD 500,000 or more.

Segmentation

The global dental lasers market is segmented based on product, application, and end users.

The dental lasers market, by product is segmented into soft tissue dental lasers and all tissue dental lasers. The soft tissue dental lasers is sub-segmented into diode lasers systems, CO2 laser systems, and Nd:YAG laser systems. The all tissue dental lasers segment is divided into Er:YAG laser systems, and Er,Cr:YSGG laser systems.

By application, the market is segmented into endodontic treatment, oral surgery, implantology, peri-implantitis, periodontics, and others.

The dental lasers market, by end user is segmented into hospitals & clinics, ambulatory surgical units, academic & research organizations.

Based on region, the global dental lasers market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas is sub-segmented into North America and Latin America. The North American region is further segmented into the US and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the UK, Spain, and the rest of Western Europe. The Asia-Pacific region is sub-segmented into Japan, China, India, Australia, the Republic of Korea, and the rest of Asia-Pacific. The Middle Eastern and African region is sub-segmented into the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Qatar, and the rest of the Middle East and Africa.

Regional Market Summary

It is estimated that North America dominated the global market for dental lasers. Increasing prevalence of dental diseases, and high healthcare expenditure are estimated to drive the regional market. According to the National Institute of Dental & Cranifocal Research, ~92% of the adults (from 20 to 64 years) are estimated to have dental caries. Moreover, the presence of developed economies like US and Canada within the region drives the market growth.

Following the Americas, Europe leads the market. The region is estimated to have ~30%-35% of the global market. Factors such as high dental healthcare expenditure, government support for the dental sector and increasing penetration of the market players within the region is estimated to provide favourable backgrounds of market growth within the region. 

Asia-Pacific is anticipated to be the rapidly growing region for the dental lasers market, owing to growth owing growing geriatric population, increasing awareness and rising preference for minimally invasive surgeries. Moreover, rapidly developing dental industry makes the region lucrative for market development and expansion. According to the World Dental Show, the Indian dental industry is expected to reach USD 234 million by 2018 from USD 128 million in 2013.

The Middle East and Africa stands the least share of the global dental lasers market. This can be attributed due to low per capita income, less expenditure on the healthcare, and lack of advanced healthcare facilities within the region. 

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Clinical Laboratory Services Market 2020 Global Trend, Segmentation and Opportunities Forecast To 2023

 MRFR reports that the clinical laboratory services market is likely to exhibit a sound growth rate during the forecast period (2018-2023). The global clinical laboratory services market is expected to surpass a valuation of USD 274,400 Million by 2023. Demand for clinical laboratory services is on the rise due to the increased healthcare expenditure coupled with growing awareness about such services. North America is a major region for these services and presents lucrative growth opportunities to market players. Moreover, existence of advanced healthcare infrastructure and widespread availability of lab experts and technicians is supplementing the growth of the clinical laboratory services market in North America. Meanwhile, APAC is also likely to remain under the investment radar of companies operating on a global level.

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Market Segmentation

The market has been segmented into type, regions, and applications. Based on the segment which is type, the market is categorized on the basis of biochemistry, cytology, endocrinology, genetic testing, hematology, histopathology, microbiology, and others. The global market for clinical laboratory services is further segmented based on applications into hospital laboratory, independent, laboratory, and reference laboratory.

The clinical laboratory services market report offers comprehensive study of the market segments including type, regions, and applications. The analysts have also studied the market's spread across the regional markets across many of the market’s segments at country levels. The type, regions, and applications segments spread across the market along with the subsegments are studied. The global market for clinical laboratory services is spread across various product and service-based segments. The market research report highlights these key segments and offers forecasts based on primary and secondary data. The global market research report presents key company profiles of organizations active across the market.

Regional Overview

Underdeveloped infrastructure in developing countries may hinder the clinical laboratory services market growth. market research report suggests that companies in the clinical laboratory services market could be supported by widespread availability of lab experts as well as new investment from companies active in the market during the forecast period. The market is set to register growth at a high CAGR owing to these key factors. The market is spread across North America, Europe, Asia-Pacific, and other parts of the world. As per market analysts, the market is set to witness tremendous growth across type, regions, and applications segments. The market’s North American region covers clinical laboratory services markets across the United States, Mexico, Canada, and others. Businesses present in the market are also profiled and their strategies have been presented in detail in the market research report.

The market across the European region covers Italy, France, Germany, and the United Kingdom. Furthermore, the clinical laboratory services market research report provides details about the APAC region covering markets from China, India, Australia, Japan, and others. The market is also active across several other parts of the world. The clinical laboratory services market report covers all these key regions including the Middle East, Africa, Brazil, and others active in the global clinical laboratory services market.

Competitive Landscape

Clinical laboratory services have seen tremendous growth, due to improved infrastructure and availability of solutions. However, lack of professional services and shortage of skilled professionals would challenge the companies active in the market. Furthermore, companies using growth strategies to stay ahead in the global market are expected to help the market during the forecast period 2018 to 2023. As the market report suggests that the market will register a high CAGR and reach a US$274,400 million by 2023, the market report highlights key areas market-based companies need to focus on. The market research report projects a long-term growth till 2023. Based on market’s analysis on the basis of SWOT and Porters’ Five Force Model, the clinical laboratory services market will rise during the forecast period 2018 to 2023, however the companies need to move ahead with caution. The clinical laboratory services market research report highlights such key areas.

Industry News

The purchasers begin to engulf smaller laboratory firms. It would confuse several lab managers and pathologists to find out that during the last couple of years, as many as five separate laboratory firms were purchased. The public was informed of only one takeover. The remaining four were private sales and both buyers and sellers chose not to advertise on these purchases.

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Catheter Stabilization Device Market to Witness Widespread Expansion During 2020-2023

 Global Catheter Stabilization Device Market is expected to register a CAGR of 7.1% during the forecast period of 2018 to 2023.Catheter stabilization device are the new standard of excellence for suture-free stabilization of biliary and nephrostomy percutaneous drainage, and peritoneal lavage catheters. These devices are used to secure catheters and infusion or drainage devices and to facilitate their operations. Furthermore, growing prevalence of cardiovascular diseases is driving the growth of the market. According to the World Health Organization in 2017, cardiovascular diseases were the main cause of the deaths across the global. It was estimated that in 2015, approximately 17.7 million people died from cardiovascular diseases, repressing 31% of all the global deaths. Of these deaths, an estimated 7.4 million were due to the coronary heart diseases and 6.7 million were due to stroke. Moreover in 2017, according to the American Heart Association, 801,000 deaths in the U.S. were accounted for the cardiovascular diseases. Moreover, the global cost for cardiovascular diseases is estimated to reach USD 1044 billion by 2030 from USD 863 billion in 2010.

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Segmentation:

The Global Catheter Stabilization Device Market is segmented based on product type, application, end user, and region.On the basis of product type, the market is segmented into Arterial Securement Devices, Central Venous Catheter Securement Devices (further sub segmented into PICC Securement Devices, Subclavian Securement Devices, Midlines Securement Devices, Femoral Securement Devices, Portal Securement Devices, Jugular Securement Devices) Peripheral Securement Devices (further sub segmented into Foley Catheter Securement Devices, Nasogastric Tubes Securement Devices,  Endotracheal Tube Securement Devices, Ventriculoperitoneal Securement Devices, Continuous Nerve Block Catheter Securement Devices) Chest Drainage Tube Securement Devices, Abdominal Drainage Tubes Securement Devices (further sub segmented into Percutaneous Endoscopic Gastrostomy Securement Devices, Jejunal Catheter Securement Devices, Umbilical Catheter Securement Devices)Epidural Securement Devices. Further, on the basis of application the market is segmented into Cardiovascular Procedures, Respiratory Procedures, Gastric and Oropharyngeal Procedures, General Surgery, Urological Procedures, Radiology and Others. End users is segmented into Hospitals & Clinics, Home Healthcare Providers and Diagnostic Centers.

Regional Market Summary:

In the current scope of the study, the above-mentioned segments are covered into four global regions, namely- the Americas, Europe, Asia Pacific and the Middle East & Africa. The Americas dominated the Global market for catheter stabilization device owing to rising children population and presence of major market players within the region. According to the database of the U.S. Census Bureau, it was estimated that there were approximately 20,304,238 children who aged 5-9 years within the region. Moreover, the presence of developed economies and healthcare sector within the region boosts the market growth.

Europe accounted for the second largest market behind Americas. Europe consist of two regions namely Western Europe and Eastern Europe. Western Europe holds the major share of the market, which is majorly contributed by Germany, the U.K., and France. The major driving factor of the market are increasing prevalence of cardiovascular and chronic diseases. Additionally, according to the OECD, the healthcare expenditure in Germany was EUR 321 billion in 2014, which is followed by France with healthcare expenditure of EUR 237 billion. The healthcare expenditure of the U.K. in 2014 was EUR 223 billion. Healthcare organization in this region are able to afford the high cost of the treatment and devices, which has helped in driving the growth of the market. In addition to this, increasing government support and funding for the development and improving the technology have fuelled the growth of the market.

Asia Pacific is the fastest growing region in catheters market. Increasing need for better diagnostic devices, better and safe therapeutic approach, rapidly improving technology, and the presence of huge patient pool drive the growth of this market in Asia Pacific region. According to the ESCAP Statistical Database, in 2016, approximately 12.4% of the population in the Asia Pacific was over 60 years. According to the WHO, in 2013, the per capita healthcare expenditure in Australia was USD 6,110, which is followed by Japan with USD 3,966.

Catheter Stabilization Device Market Key players:

Some of the key players in the global catheter stabilization market are 3M Company, B. Braun Melsungen Ag, Baxter International, Inc., C. R. Bard, Inc., Centurion Medical Products, Convatec, Inc M.C. Johnson Company, Inc, Medtronic PLC, Merit Medical Systems, Inc, Smiths Group PLC, TIDI Products, LLC and others

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