Tuesday, 13 April 2021

Surgical Stapler Market: Recent Industry Trends and Projected Industry Growth, 2020– 2027

 The Global Surgical Stapler device Market is expected to grow during the forecast period (2018 to 2023) at a CAGR approx. 7.2 %.

A surgical stapler is a complex mechanical medical device that has been present in the market for years and is mature in technology. Surgical staplers are used in various surgeries such as gastrointestinal, gynecologic, thoracic, and many other surgeries to remove the part of organ and tissues. This surgical stapler reduces the time of surgical procedure. The global surgical stapler market is increasing due to increasing surgical procedures, the introduction of technologically advanced surgical staplers, and growing number of bariatric and other weight loss surgeries. However, due to increasing aesthetic surgeries, breast surgeries, surgical technology, and pediatric surgical procedures, the surgical stapler market size is expected to grow in the future.  

However, the high cost of treatment, misuse of funding, and lack of awareness are some of the factors which are expected to hamper the growth of the market during the forecast period.

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Regional Analysis

North America will dominate the surgical stapler market during the forecast period. Technological advancements, growing geriatric population, and rising number of surgical procedures are likely to drive the surgical stapler market during the forecast period. North America and Europe are expected to hold a major share of around 70% of the surgical stapler market during the forecast period. The European market is expected to be the second-largest surgical stapler market. The market growth in this region can be attributed to the increasing awareness and adoption of advanced surgical technology. Asia-Pacific is expected to be the fastest-growing surgical stapler market during the forecast period owing to the increasing prevalence of cardiac diseases, rising investments in healthcare, increasing geriatric population, and expansions by market players in the region. Asia-Pacific is giving strong competition to the global surgical stapler market by producing cost-effective treatments that are high in demand in local as well as global markets. The market in the Middle East and Africa is expected to account for the smallest share in the global surgical stapler market due to the underdeveloped healthcare sector, lack of technical knowledge, and poor medical facilities.

Segmentation

The global surgical stapler market is segmented into types, product, application, and end-users. Based on types the surgical stapler market is segmented into disposable surgical staplers and reusable surgical staplers. On the basis of product, the market is segmented into manual surgical staplers and powered surgical staplers. Based on application, the surgical stapler market is segmented into abdominal and pelvic surgery, general surgery, cardiac and thoracic surgery, orthopedic surgery, and other surgical applications. Based on end-user the market is segmented into hospitals, ambulatory surgical centers (ASCs), and clinics.

Key Players

Some of the key players in the global surgical stapler market are  Ethicon. US, LLC., Cardica Inc, Smith and Nephew Plc, CONMED Corporation, Purple Surgical Inc., Welfare Medical Ltd, Reach Surgical, Grena Ltd, B.Braun Melsungen AG, Frankenman International Limited, Zimmer Biomet, Stryker, Meril Life Sciences Pvt. Ltd., Touchstone International Medical Science Co. Ltd, Medtronic.

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Monday, 12 April 2021

Medication Management Market 2020 Global Trend, Segmentation and Opportunities Forecast To 2027

 The Global medication management market size is expected to register a CAGR of 13.4% during the forecast period of 2018 to 2023.

Medication management is a strategy which ensures that the patient understands the purpose of the medications and takes it in the correct manner at the correct time. It also focuses on improving the use of medications for the patient's condition. Interventions may include medication reconciliation, medication therapy management, patient/family education on medications and medication set-up simulations for the patient.

Rising geriatric population is one of the key factors driving the medication management market.  Older adults tend to have significant comorbidities which in result increase the medication use and escalate the risk of poor outcomes. According to a 2018 study published in the Clinical Epidemiology, in high income countries, polypharmacy affects between 40% and 50% of older adults. Polypharmacy increases the risk of adverse drug-related events in older adults because a higher number of drugs are associated with a higher risk of harmful drug–drug interactions.

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Segmentation

The Global medication management market is segmented based on systems, services, mode of delivery, end user and region.

The global market for medication management, by systems is segmented into computerized physician order entry systems, clinical decision support systems, administration software, inventory management systems, automated dispensing systems and assurance systems. The administration software is further classified as electronic medication administration records (eMAR) software and bar code medication administration (BCMA) software. The automated dispensing systems segment is further classified as centralized automated dispensing systems and decentralized automated dispensing systems (ADS). The centralized automated dispensing system includes robots/robotic automated dispensing systems and carousels. The decentralized automated dispensing system (ADS) includes pharmacy-based decentralized automated dispensing systems, ward-based decentralized automated dispensing systems and automated unit-dose decentralized automated dispensing systems.

The market by services segment is divided into point-of-care verification services and adverse drug effects (ADE) surveillance services.

The market by mode of delivery segment is divided into web-based solutions, on-premise solutions and cloud-based solutions.

Based on end-user, the market is segmented into hospitals, pharmacies and others.

Regional Analysis

The Americas dominated the global market for medication management. This can be attributed to the increasing geriatric population and presence of major market players within the region.

Europe stood second in 2017 owing to the presence of developed economies like UK, Germany, France, and others within the region provides a driving force for the market to grow.

Asia Pacific was projected to be the fastest growing region in 2017. Factors such as growing healthcare IT sector, increasing penetration of the market players within the region, and increasing government’s support for foreign investments drives the regional markets of the Asia Pacific region.

On the other hand, the Middle East and Africa held least share in the global medication management market due to the presence of poor economies and low per capita income, especially within the African region. The Middle Eastern region is estimated to be a major market for the Middle East and African region.

Key Players

Some of the key players in the global medication management market are Allscripts Healthcare Solutions, Inc., Carefusion Corporation (BD), Cerner Corporation, Epic Systems Corporation, General Electric Company, Mckesson Corporation, Medical Information Technology, Inc., Omnicell, Inc., Optum Inc., QuadraMed Affinity Corporation, Siemens Ltd and others.

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Laboratory Services Market Trends Analysis Research Report 2020-2027

 MRFR reports that the clinical laboratory services market growth 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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The increased healthcare expenditure in the market will support the growth. As per clinical laboratory services market analysts, the market-based companies will face certain challenges during the forecast period 2018 to 2023. The market research report provides in-depth analysis of the type, regions, and applications segments. The market research report presents factors such as concerns regarding budget that could slow down the market's growth.

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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Surgical Drapes and Gowns Market Trends Analysis Research Report 2020-2027

 Global surgical drapes and gowns market size is expected to grow significantly over the forecast period. It is anticipated that the market held value of USD 2.23 billion in 2017 and is projected to grow at a CAGR of 4.4% over the forecast period.

The factors such as increasing number of surgeries and high incidences of hospital-acquired infections are expected to propel the growth of the market. However, reuse of surgical drapes and gowns in developing regions hamper the market growth over the forecast period.

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Increasing number of surgeries in healthcare settings and high incidences of hospital-acquired infections are expected to drive the growth of market. According to Healthcare Cost and Utilization Project, in 2014 were 11.5 million surgical procedures did in ambulatory surgical setting whereas, 10.3 million surgical procedures performed in hospitals. On other hand, reuse of surgical drapes and gowns in developing regions can restrain the market growth over the assessment period.

Regional Analysis:
Geographically, the Americas is expected to dominate the global surgical drapes and gowns market owing to the presence of well-established players and increasing surgical procedures. Europe is expected to hold the second largest position in the global surgical drapes and gowns market. Asia-Pacific is expected to be the fastest growing market. Furthermore, the Middle East and Africa region is expected to account for the least market share in the global surgical drapes and gowns market.

Segmentation:
The Global Surgical Drapes and Gowns Market has been segmented into type, usage pattern, and end user.

Based on type, market is segmented into surgical drapes and surgical gowns. The surgical drapes segment is expected to account for the largest share and fastest growing segment of the global market in 2017.

Based on usage pattern, market is segmented into disposable surgical drapes & gowns and reusable surgical drapes & gowns. The surgical drapes segment is expected to account for the largest share segment of the market in 2017.

Based on end user, has been segmented into hospitals, ambulatory surgical centers, and others. The hospitals segment is expected to account for the largest share segment of the global market in 2017.

Key Players:
Some of the prominent players in the global surgical drapes and gowns market are Halyard Health (US), Cardinal Health (US), 3M (US), Mölnlycke Health Care (Sweden), Thermo Fisher Scientific (US), STERIS Corporation (US), Paul Hartmann AG (Germany), Pacon Manufacturing (US), Medica Europe B.V. (The Netherlands), and Guardian (US).

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Surgical Microscopes Market: Recent Industry Trends and Projected Industry Growth, 2020– 2027

 The global surgical microscopes market is expected to grow significantly over the forecast period. The market held a market value of USD 574.34 million in 2017 and is projected to grow at a CAGR of 11.63% over the forecast period.

Surgical microscopes are the optical microscopes specially designed for the use in surgical settings. These surgical microscopes have a high magnification resolution which is highly beneficial during the microsurgeries. Also, surgical microscopes can be customized which is helpful for the component sterilization, and disinfection to ensure the complete cross-infection control. Generally, even the basic surgical microscopes can cost up to several thousand dollars. The advanced versions of such microscopes have high price points. There are several factors that fuel the growth of the global surgical microscopes market. These include, increasing number of surgical procedures, high demand for the minimally invasive surgeries, and continuous development in the medical sector to come up with better surgical approaches. Moreover, development of customized microscopy solutions, and increasing use of fluorescence image-guided surgery (FIGS) is expected to boost the growth of the market during the forecast period.

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On the other hand, there are several factors such as high cost of the microscopic devices, stringent regulatory norms, and lack of required medical infrastructure in the developing and underdeveloped regions which are likely to thwart the growth of the surgical microscopes market to an extent.

Regional Analysis:
Geographically, the Americas is anticipated to dominate the global surgical microscopes market owing to the, rising number of the neurosurgeries, spinal surgeries, and ophthalmic surgeries, increasing awareness about dental hygiene leading to increase in dental procedures and surgeries. The development of the better surgical approaches and advanced treatment procedures have positively affected the growth of the American market. Moreover, high awareness among American population, state of the art medical infrastructure, high disposable income, are some of the many factors that drive the growth of the surgical microscopes market in this region.

Europe is expected to hold the second largest market share in the global surgical microscopes market. The market growth in this region is majorly attributed to the presence of large number of market players in the region and increasing government support for the device manufacturers. Geographical expansion of companies has led to the wider reach of the medical products and services which has brought a huge change in terms of the acceptance and implementation of the new products as well as procedures. Similarly, Asia-Pacific region has observed a rapid growth in the surgical microscopes market owing to increased rate in neurosurgeries in the Asian region. Moreover, the development in the medical sector in developing countries like India and China. Moreover, increase in government funding for healthcare, rising R&D expenditure, and growing number of medical device companies in the region has led to its fastest growth during the forecast period. The Middle East & Africa region is anticipated to show minor growth opportunities in the surgical microscopes market during the forecast period.

Segmentation:
The Global Surgical Microscopes Market. has been segmented into type, application and end user.

Based on types, the market has been segmented into, On casters microscopes, wall mounted microscopes, table top microscopes, and ceiling mounted microscopes. The on casters microscopes segment is expected to account for the largest share in the global surgical microscopes market in 2017. This large share is majorly attributed to its convenience in the use as compared to other products.

Based on application, the market has been segmented into neurosurgery & spine surgery, ophthalmology, ENT surgery, dentistry, oncology, plastic & reconstructive surgery, urology, gynecology, and other. The neurosurgery & spine surgery segment is expected to account for the largest share in the global surgical microscopes market in 2017 followed by ophthalmology segment.

Based on end users, the market has been segmented into hospitals, physician’s clinic, academic and research institutes, and other outpatient settings. The hospitals segment is expected to account for the largest share in the global surgical microscopes market in 2017. At the same time, the high awareness about the aesthetics, dental hygiene and increasing rate of ophthalmic surgical cases in the developed and developing countries has led physician’s clinic segment to grow at the fastest rate during the forecast period.

Based on the regions, the market for surgical microscopes is segmented in to, the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The surgical microscopes market in the Americas region has further been segmented into North America and South America, where-in the North American market is further divided into the US and Canada.

European surgical microscopes market has been segmented into Western Europe and Eastern Europe where-in Western Europe region is further divided into Germany, France, the UK, Italy, Spain, and the rest of Western Europe. 

The surgical microscopes market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The surgical microscopes market in the Middle East & Africa has been segmented into regions such as the Middle East & Africa.

Key Players:
Some of the prominent players in the global surgical microscopes market share are Accu-Scope Inc., Alltion (Wuzhou) Co., Ltd., Arri Medical (Arri Group), Carl Zeiss AG, Danaher Corporation, Haag-Streit Surgical GmbH, Leica Microsystems GmbH, Novartis AG, Olympus Corporation, Seiler Precision Microscopes, Takagi Seiko Co. Ltd., and Topcon Medical Systems, Inc.

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Pipettes, Pipettors, and Accessories Market Foraying into Emerging Economies 2020-2027

 Global pipettes, pipettors, and accessories market is anticipated to register a healthy CAGR over the forecast period. The market held a market value of USD 1,350.0 million in 2017 and is projected to grow at a CAGR of 4.1% during the forecast period. A pipette is a laboratory tool used in laboratories to transfer a measurable amount of liquid from one container to another. These are small tubes or slender graduated tubes of glass or plastic used in laboratories to transfer a measurable volume of liquid. A pipettor is an instrument used to dispense liquid while pipetting. Factors driving the market growth are rising investment in research and development (R&D) activities, increasing demand for accuracy, productivity, and quality in healthcare companies, growing focus on improving lab throughputs, and mounting applications in life sciences and biomedical research, pharmaceutical, environmental, chemical, and food processing industries. For instance, as per the data published by the International Federation of Pharmaceutical Manufacturers & Associations (IFPMA), in 2016 there were 6,861 drug entities in the preclinical regulatory phase that grew to 7,493 in 2017. In contrast, rapid development and launches of automatic and robotic-assisted liquid handling workstations are anticipated to restrain the market growth over the forecast period.

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Regional Analysis:
The Global Pipettes, Pipettors and Accessories Market has been segmented by region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. On the basis of region, the Americas is likely to dominate the global pipettes, pipettors, and accessories market owing to the increasing biotechnology and pharmaceutical R&D activities and the presence of major market players in the U.S. and Canada. In November 2018, the US Food and Drug Administration (US FDA) emphasized on improved outcomes and R&D over the biotech industry due to the expiry of more than 25 drugs patents.Europe will hold the second largest market position during the forecast period due to the availability of developed lab facilities, the number of key market participants headquartered, and the presence of sophisticated healthcare infrastructure.

 The market in Asia-Pacific is anticipated to display comparatively higher CAGR during the forecast period owing to growing awareness and increasing interest in scientific & industrial research in order to create new business opportunities in India, China, Japan, and Australia.The Middle East & Africa has the least share of the global pipettes, pipettors, and accessories market. Additionally, the major market share of the region would be held by the Middle East region attributed to gradually rising adoption of laboratory supplies or equipment in the GCC region.

Segmentation:
The Global Pipettes, Pipettors and Accessories Market has been segmented into product and end user.By product, the market has been segmented into pipettes, pipettors, and accessories. The pipettes segment is further categorized into beral/plastic/transfer/disposable pipettes, pasteur/glass pipettes/droppers, serological pipettes, volumetric/bulb pipettes, and others. The pipettors segment is sub-segmented into electronic pipettors and manual pipettors. These two pipettors are further separately categorized into single-channel pipettors and multichannel pipettors.Based on end user, the market has been segmented into hospitals, laboratories, academic & research institutes, pharmaceutical & biotechnology companies, and others.

Key Players:
Some of the leading players in the Global Pipettes, Pipettors and Accessories Market share are Thermo Fisher Scientific Inc., Thomas Scientific, Inc., BRAND GMBH + CO KG, CAPP ApS, Corning Incorporated, Hamilton Company, Eppendorf AG, Gilson Incorporated, Greiner Bio-One International GmbH, INTEGRA Biosciences AG, The Lab Depot, Inc., Sartorius AG, Socorex Isba S.A., Nichiryo Co.,Ltd., and Mettler-Toledo International Inc.

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Catheter Stabilization Device Market Current Trends, SWOT Analysis, Strategies, Industry Challenges, Business Overview and Forecast Research Study 2027

 Global Catheter Stabilization Device Market growth 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 Devices 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 Analysis:

The Global Catheter Stabilization Devices Market is segmented on the basis of regions: Americas, Europe, Asia Pacific, and the Middle East & Africa. The Americas accounted for the major share of the market owing to the huge patient population, well-developed technology, and high healthcare expenditure. Asia Pacific accounted for the second largest market, which is followed by Europe. Asia Pacific is the fastest growing catheter stabilization devices market owing to rapidly changing healthcare sector, huge patient pool in this region, and the presence of vast opportunities for the development of this market. Increasing government support for research & development, well-developed healthcare infrastructure, and presence of geriatric population have driven the European catheter stabilization devices market. However, the Middle East & Africa has the least share in the market owing to the presence of poor and slow developing countries, especially, in African region. The Middle East held the major share of the regional market due to well-developed infrastructure and high spending.

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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