Thursday, 15 April 2021

Pharmaceutical Filtration Market: Drivers, Restraints, Opportunities, and Threats (2020-2027)

 Filtration in pharmaceutical has been used to purify or separate the component and also to maintain the sterile conditions during the process to prevent contamination. Various methods are being used for filtration depends on the component that need to be filtered. Major factors such as increasing growth of pharmaceutical industry and rapid growth in the generic drug production are the main reasons driving the market growth. On the other hand the huge capital required to set up new production facilities and stringent government regulations to legalize the filtration process are expected to limit market growth to a certain extent. Globally, the market is growing rapidly and it is anticipated to show an exponential growth reaching approximately Billion in 2022.

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Segments:     
The pharmaceutical filtrations market has been segmented on the basis of type of filtrations, product, and their application in pharmaceutical industry. On the basis of type the market has been segmented as air filtration, water filtration, chemical filtrations, Grade filtration (liquid and gas), and absorptive filtrations. Similarly on the basis of product, the market has been segmented into membrane filters, media filters, cartridges and capsule filtration and others. On the basis of application in pharmaceutical industry the filtrations market has again segment into air purification, water purification, sterilization, cell separation, media and buffer filtrations and others.

Regional Analysis of Pharmaceutical filtration devices Market:
Considering the global scenario of the market, Americas region is believed to be the largest market for Pharmaceutical filtration techniques and devices. Moreover the European market is also growing continuously and slowly catching up with the American market. On the other hand, Asia-Pacific market is expected to grow at the fastest pace in the pharmaceutical filtration devices segment during the forecasted period. Middle East & Africa region are likely to have a limited but steady growth in the market.

Key Players for Pharmaceutical filtrations devices Market:                       
Some of the key players in this market are: GE Healthcare (U.S.), Pall Corporation (U.S.), Parker Hannifin Corporation (U.S.), Sartorius Stedim Biotech S.A. (France), Merck KGaA (Germany), Alfa Laval (Sweden), Graver Technologies, LLC (U.S.), Koch Membrane Systems Inc. (U.S.), and GEA Group (Germany).

The report for Pharmaceutical Filtrations Devices 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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Anti-epilepsy drugs Market Growth Insight Analysis 2020-2027

 Epilepsy is a chronic disorder that causes unprovoked and recurrent seizures. Epilepsy is the fourth most common neurological disorder and affects people of all ages. The patients are reported to loss or disturbance of consciousness and movements along with sensory or psychiatric disturbances. Increasing prevalence of the epilepsy, rising per capita healthcare expenditure and increasing R&D for the therapeutic procedures of the disease drives the market growth during the forecast period, 2017-2022. According to the World Health Organization in 2017, approximately 50 million people across the globe have epilepsy, making it one of the most common neurological diseases globally. Moreover, it was estimated that nearly 80% of the people with epilepsy live in low- and middle-income countries. Additionally, approval of several late-stage pipeline molecules, advancements in drugs modification and favourable government initiative fuels the market growth. However, side effects related to the therapeutic drugs, increasing generic competition and patent expirations are some of the restrains that for the growth during the forecast period.

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The global anti-epilepsy drugs market is growing with the sound pace. According to a recent study report published by the Market Research Future, The global anti-epilepsy drugs market is booming and expected to gain prominence over the forecast period growing rapidly .The market is forecasted to demonstrate a sound growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2022).

Global Anti-Epilepsy Drugs Market - Competitive Analysis

Characterized by the presence of several well-established and small players, the global anti-epilepsy drugs market appears to be highly competitive and fragmented. International players who 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 marketers.

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

Pfizer Inc. is one of the major players of the global anti-epilepsy drugs market and is headquartered in the U.S. In 2015, the company’s total revenue was about USD 48,851 million and it reached USD 52,824 million in 2016. Such a significant increase in the global sales, enabled the company to invest a huge percentage of their sales into the research and development. In 2016, the company spent 14.9% of its total revenue into the R&D enabling it to improve its product portfolio and launch new product, strengthening its position in the market.

In October 2016, Abbott has collaborated with Celgene and Agios for diagnostic identification of IDH mutations. Celgene has done an agreement with Abbott to develop and commercialize the diagnostic tests.

In November 2016, Novartis acquired Selexys Pharmaceuticals Corporation, a company specializing in development of therapeutics in certain hematologic and inflammatory disorders.

In August 2017, Sanofi completed the acquisition of Protein Sciences, a vaccines biotechnology company based in Meriden, Connecticut in the United States. This acquisition was followed by the Federal Trade Commission approval, having met all the conditions required for the closing of the transaction.

Pfizer, Inc., Johnson & Johnson, UCB Pharma Ltd., Abbott, GlaxoSmithKline plc, Novartis AG, Sanofi, Shire Pharmaceuticals Limited and Cephalon Inc., are some of the prominent players at the forefront of competition in the Global Anti-epilepsy Drugs Market and are profiled in MRFR Analysis. 

Global Anti-epilepsy Drugs Market - Regional Analysis

On the regional backgrounds the Americas leads the global market for anti-epilepsy drugs owing to a well-developed healthcare sector, increasing prevalence of epilepsy and presence of the developed technologies within the region. According to the Centres for Disease Control and Prevention, in 2015, 1.2% of the total U.S. population had active epilepsy. Moreover, it was estimated that the yearly total direct and indirect cost of epilepsy in the U.S. was about USD 15.5 billion. Europe is second in the market due to rising healthcare expenditures, huge patient population and growing healthcare R&D expenses by the government. The Asia Pacific region is the fastest growing region due to the developing economies like India and China which are increasing their healthcare expenditures and have huge patient population. Moreover, favourable government policies within the region fuels the market growth. Middle East and Africa have the least market share, especially due to the presence of poor economies and stringent government policies within the African region.

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Bone Densitometers Market: Drivers, Restraints, Opportunities, and Threats (2020-2027)

 Bone densitometry is a type of non-invasive technology which is used to measure bone mass. This technology measures the amount of loss of bone mass in a patient’s body. Bone mass is the weight of the skeleton, overall or in specific regions. Nowadays, bone densitometry is used as an established standard to measure the bone material density. The market for bone densitometer is growing at a comparatively good rate. Growing senior population which are highly susceptible to bone related diseases has fueled the growth of bone densitometer market. 

The global bone densitometers market is expected to reach around USD 1.2 billion by the end of the forecast period and is expected to grow at a CAGR of ~5.3%.

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The primary reasons for the growth of the global bone densitometers market are the technological advancement and growing population of senior citizens who are highly susceptible to bone-related ailments. This market has been segmented on the basis of end user, technology, type, and lastly, region. Based on end users, this market has been segmented into academic & research institutes, diagnostic centers, hospitals, specialty clinics, and others. The technology-based segmentation segments the market into dual-energy X-Ray absorptiometry (DXA), quantitative computed tomography (QCT), radiographic absorptiometry (RA), single X-Ray absorptiometry (SXA), and others. High quality scanner machines are making these technologies more reliable. By types, the market has been segmented into central scanners, peripheral scanners, and others.

The regional segmentation of the global bone densitometers market into the continent-based regional markets namely The Americas (North America & South America), Europe, Asia Pacific, and the Middle East & Africa (MEA). The Americas segment is the largest regional market for bone densitometers because of technological advancement. North America as a market is bigger than South America due to the availability of more advanced technology. The American market for bone densitometers is expected to reach around US $ 650 mn by the end of the forecast period. In North America, the most powerful economy is the United States of America (USA). Dalios Denture and Hearing Clinic in Chatham and Starkey Hearing Technologies have donated $6,000 towards the Foundation of Chatham-Kent Health Alliance’s Diagnostic Imaging Equipment Renewal Campaign. The funds will be used to purchase diagnostic medical equipment for Chatham-Kent that includes a bone densitometer, and a just-installed SPECT-CT scanner.

Europe is the second largest market. It has a high density of population, but in terms of technological advancement, it lags behind North America. The most important country-specific market are France, Germany, Italy, Spain, and the United Kingdom (UK), followed by the rest of Europe. According to the report, Asia Pacific region is expected to be a fastest growing region in the bone densitometers market during the forecast period. The significant country-specific markets in this region are China, India, Japan, and South Korea, followed by the rest of the Asia Pacific region. In the Asia Pacific, there are few countries that are technologically advanced. In the MEA region, the market is limited. Reasons for the limited market growth in this region are lack of awareness, lack of education, lack of technological development, political instability, and healthcare not considered a priority by majority governments in this region.

Key Players

The key players in the global bone densitometers market include Aarna Systems And Wellness Pvt. Ltd. (India), DMS Imaging (France), Echolight SPA (Italy), General Electric Company (USA), Hologic, Inc. (the USA), MedWrench LLC (USA), Osteosys Co. Ltd (South Korea), Schick Sirona (USA), Swissray (USA), and Tecnicare Healthcare Company (USA).

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Cataract Surgery device Market: Drivers, Restraints, Opportunities, and Threats (2020-2027)

 The globally market for cataract surgery device is growing steadily. Factors that influence the cataract surgery device market are increasing prevalence of cataract surgery, increasing advance technology in cataract surgery device market, increase in the aging population, prevalence of eye disease and many others. Globally the market for cataract surgery device is expected to grow at the rate of about 5.5% from 2016 to 2022.

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Market Drivers and Restraints:

The occurrence of cataract is very common in the elderly population. Other causative agents of cataract are trauma and long-time exposure to radiations. The increasing prevalence of cataract among geriatric population all over the world is inducing high demand for efficient surgical devices to perform cataract surgery. The rise in preference for less invasive procedures has created huge opportunities for the manufacturers to introduce high-tech ophthalmic surgical devices, leading to the expansion of the global cataract surgery device market.

The government sector in various countries are focusing on increasing awareness regarding cataract and are undertaking the initiatives to provide low-cost cataract surgeries in underdeveloped regions, which in turn is fueling the growth of the global cataract surgery device market. The rise in adoption of advanced technology in the healthcare sector for improving the diagnostics, surgical and treatment procedures is impacting positively on the expansion of the global cataract surgery device market.

However, the population in underdeveloped regions is still unaware of the benefits of cataract surgery, which is negatively impacting on the growth of the global cataract surgery device market. The low penetration of advanced technology and poor primary healthcare infrastructure in underdeveloped regions and in some areas of developing regions are likely to create hindrance in the growth of the global cataract surgery device market during the forecast period.

Market Segmentation:

The global cataract surgery devices market has been segmented on the basis of device type and end-users. Based on device type, the global cataract surgery device market is segmented into Intraocular lens (IOL), Ophthalmic Viscoelastic Device (OVD), Phacoemulsification Equipment and Femtosecond Laser Equipment. Among these, the intraocular lens (IOL) segment is anticipated to project significant growth in the global cataract surgery device market during the forecast period. Based on end-users, the global cataract surgery device market is segmented into hospitals, clinics, ophthalmology centers and others.

Regional Analysis:

The global cataract surgery device market is segmented into five major regions such as North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Owing to the rapid incorporation of advanced technology in the healthcare sector and increased healthcare expenditure, the North America region is projecting to be the largest market in the global cataract surgery device market.

The Europe region is the second largest market in the global cataract surgery device market due to the increasing incidences of individual suffering from cataract. The high geriatric population and increasing awareness among the population regarding the benefits of cataract surgery are leading to the fastest growth of the global cataract surgery device market. The lack of awareness and poor primary healthcare infrastructure in the underdeveloped areas are negatively impacting on the growth of the cataract surgery device market in the Middle East and Africa region.

Competitive Analysis:

The rapid technological advancement is facilitating the manufacturers to introduce upgraded surgical devices in the global cataract surgery devices market, which in turn is strengthening the competition among the players of the global cataract surgery device market.

On 17Th July 2018, Amring Pharmaceutical Inc., a generic pharmaceutical company, has announced the launch of its latest product, Biolon OVD (Ophthalmic Viscosurgical Device), which will be used while performing cataract surgery.

The key players in the global cataract surgery device market that are profiled in the report published by MRFR are Alcon, Inc. (the U.S), Abbott Laboratories (the U.S.), Carl Zeiss Meditech AG (Germany), Essilor International S.A. (France), Opcon Corporation (Japan), Allergan, Inc. (the U.S.), Bausch & Lomb, Inc. (the U.S.), NIDEK Co., Ltd. (Japan), STAAR Surgical Company (the U.S.) and others.      

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Laser Therapy Market – Qualitative Insights by 2027

 The concept of advanced Laser therapy is a typical non-invasive sound medical treatment that applies the light of a specific or prime wavelength to physically treat several multiple diseases. Laser therapy is actually the most commonly applied method to totally remove tumors or precancerous growths inside a human body, completely remove kidney stones, fully repair a detached retina, absolutely treat hair loss and various cancer concerns. Thelaser therapy devices market is booming, and this device is also used to seal the sudden nerve endings after surgery or operations, helps lymph vessels to reduce swelling, and blood vessels to assist prevent blood loss. Laser Therapy has now become an essential and most important part of ophthalmology. In laser-based ophthalmology, the treatment focuses on a beam of light that reshapes the cornea, thereby instantly improves corneal focusing. Laser Therapy can also be applied to create a particular channel to instantly relieve the various intraocular pressures of glaucoma or categories large numbers of tiny hemorrhages. Laser Therapy widely used lasers in ophthalmology are ND: YAG LASER, advanced excimer LASER, latest femtosecond LASER, and others. Rising prevalence of diseases, for example,cataracts and arthritis, is the primary driver for the light therapy market growth. As per the data of the National Eye Institute, a large population in the U.S. with the disease condition of cataract is projected to double from 24.4 million in 2010 to 50 million by the end of 2050. Not only this, in the year 2015, National Eye Institute declared that more than half of America’s population widely suffer from chronic cataract-related problems in their lifetime. In addition to this, the enormous demand for basic aesthetics and increasing geriatric population, which can be followed by rising demand for various non-invasive procedures, will definitely boost the laser therapy market size growth. Not only this, extremely high procedural cost will restrain the laser therapy market trends during the forecast period. The worldwide laser therapy market analysis is expected to rise at a CAGR of 9.2% during the forecasted years.

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There has been a constantly increasing demand for modern technology, which expands the major demand for the cold laser therapy market; there are plenty of advantages of these devices. Also, because lack of proper infrastructure is very few of the major or primary drivers for the Laser Therapy Market. The large part of Europe is estimated to be the quickest growing area.

Segmentation

The global laser therapy market has been segmented based on type and application.

By type, the global laser therapy market has been segmented into diode lasers, solid state lasers, gas lasers, dye lasers, and others.

By application, the global laser therapy market has been segmented into surgery, dermatology and aesthetics, dental, and others. The surgery segment is further segmented into urology, ophthalmology, and others.

Regional Analysis

The Americas, Asia Pacific (APAC), Europe, and The Middle East & Africa (MEA) are the key markets for laser therapy.

The Americas is at the forefront of the global laser therapy market. A robust healthcare sector, high expenditure on healthcare, and widespread prevalence of chronic diseases in the region spur the growth of the global laser therapy market. In addition, the regions propensity to incorporate new and advanced technologies in the healthcare sector acts as a plus for the growth of the market. Other factors boosting the growth of the Americas market include growth in a number of aged populace and the presence of key players in the region.

Europe holds the second most significant share of the global laser therapy market. The region invests substantially in R&D activities which coupled with the availability of funds creates a conducive environment for the growth of the laser therapy market in Europe. A broad base of the patient population, well-developed healthcare sector, and high government support contribute to the growth of the market.

APAC is the fastest growing market for laser therapy. Expanding patient pool, development of the healthcare sector in the developing countries of China and India present growth opportunities to the APAC market. Also, increased affordability due to rising disposable income, government endeavors towards the modernization of the healthcare sector are other boosting factors.

The MEA market is likely to exhibit the least share of the global laser therapy market. Limited availability of healthcare facilities, lack of funds, and lack of awareness and dearth of skilled medical professionals constrain the growth of the market over the forecast period, especially in the Africa region. The Middle East accounts for the foremost share of the MEA market and is driven by high healthcare expenditure in the region.

Competitive Landscape

The key players in the global laser therapy market include Biolase Inc. (U.S.), Alma Lasers (Israel), Cutera (U.S.), IRIDEX Corp. (U.S.), Valeant (Canada), Coherent, Inc. (U.S.), and Angiodynamics, Inc. (U.S.).

Industry Updates

In December 2018, TRUMPF GmbH, a company involved in laser technology, announced the acquisition of Photonics GmbH from Philips. Through the acquisition, TRUMPF intends to expand its foothold in the growing markets in the photonics and digital products sectors.

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Medical Foods Market : Dynamics, Segments, Size and Demand, 2020–2027

 Market Definition:

Medical foods are principally formulated food products intended to be used under the supervision of medical and other appropriate health professionals. They work by supplying nutrition, not available in a normal diet, for the management of certain diseases such as Alzheimer’s, diabetic neuropathy, nutritional deficiency, depression, and others. They can be administered through oral or enteral route depending on the absorption capacity of the patient. Moreover, medical foods are made with Generally Recognized As Safe (GRAS) ingredients which include vitamins and minerals, proteins, omega-3, isoflavones, phytosterols, and others.

Market Scenario:
Medical foods are custom made liquid solutions used entirely, to treat consumers suffering from various diseases. Increasing chronic diseases among the growing population is driving the growth of the market. Moreover, nutritional deficiency is a common issue observed globally which will propel the growth of the global medical foods market.

Growing geriatric population is a major factor driving the growth of medical foods. Moreover, increasing awareness of nutritional benefits will surge the growth of medical foods. However, lack of knowledge among the consumers regarding medical foods is a major restraint to the market growth.

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Downstream Analysis:
Medical foods market is segmented on the basis of nutritional ingredients such as vitamins and minerals, proteins, omega-3, isoflavones, phytosterols, and others. Among all, proteins segment is dominating the market. However, omega-3 is witnessed to be the fastest growing segment in nutritional ingredients used for medical foods since they help lower the risk of heart disease, depression, dementia, and arthritis.

Based on the form, medical foods market is segmented into pills, powder and others. Among all, powder form is dominating the market over the past years. However, pills segment is projected to be growing at the fastest rate which also includes tablets and capsules.

On the basis of ailment, medical foods market is segmented into Alzheimer’s diseases, diabetic neuropathy, nutritional deficiency, depression, and others. Among all, diabetic neuropathy is dominating the market as majority of the diabetic consumers suffer from some kind of neuropathy. However, nutritional deficiency segment is witnessed to be the fastest growing segment over the forecast period based on lack of nutrition level in patients suffering from any of the diseases.

 

Competitive Analysis:
The major players in the Medical Foods Market,

  • Danone (France)
  • NestlĂ© (Switzerland)
  • Abbott (U.S.)
  • Mead Johnson & Company, LLC (U.S.)
  • Primus Pharmaceuticals Inc. (U.S.)
  • Targeted Medical Pharma Inc. (U.S.)
  • Fresenius Kabi AG (Germany)


Regional Analysis:
The global medical foods market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the global market followed by Europe. Increasing awareness of medical foods in the U.S. and growing problem of Alzheimer’s diseases is driving the market for medical foods in this region.

Asia Pacific is projected to be the fastest growing region in which the major contributor is China. Continuous innovation and improved education towards medical foods will positively impact the market for rest of the world.

 

Market Segmentation:
Medical foods market is segmented on the basis of nutritional ingredients, form, ailment and the region.

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Paroxysmal Atrial Tachycardia Market – Insights on Upcoming Trends 2027

 The global paroxysmal atrial tachycardia market analysis is expected to reach USD 10.7 billion by 2023, and the market is projected to grow at a CAGR of ~ 6.5 % during the forecast period 2017-2023.


Paroxysmal atrial tachycardia is irregular heartbeat and is a type of atrial arrhythmia where the episode of arrhythmia begins and ends abruptly. Paroxysmal atrial tachycardia (PAT) is also known as paroxysmal supraventricular tachycardia (PSVT). PAT increases heart rate from 60 to 100 beats per minute (bpm) to between 130 and 230 bpm with infants demonstrating heart rate greater than 220 bpm. PAT is the most common form of tachycardia in infants and children. Symptoms of PAT may include palpitations, lightheadedness, sweating, shortness of breath, chest pain and others. PAT is not usually a life-threatening disorder and the symptoms subside on their own. However, in rare cases, PAT may cause unconsciousness, congestive heart failure, cardiomyopathy and cardiac arrest. Having other heart issues such heart attacks or valve disease increase risk for PAT.

The cause of PAT are unknown but risk factors include alcohol, caffeine, nicotine, psychological stress, and Wolff-Parkinson-White syndrome. PAT occurs when electrical signals starting in the heart’s atria fire irregularly which affects the electrical signals transmitted from the sinoatrial node. This irregular beating prevents your heart from having enough time to fill with blood before pumping blood resulting in the body not receiving enough blood or oxygen. Women are at a higher risk for PAT than men.

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Global Market Players

Some of the key players profiled in the report are Abbott Laboratories, Reliant Pharmaceuticals, BIOTRONIK SE & Co. KG, Boston Scientific Corporation, GlaxoSmithKline plc, GE Healthcare, Glenmark Pharmaceuticals, Koninklijke Philips N.V., ANI Pharmaceuticals, Inc., Medtronic, Inc., Microport Scientific Corporation, St. Jude Medical, Inc., and Siemens AG and others.

Regional Analysis

The Americas accounts for a significant market share owing to high expenditure on the health care especially of the U.S. and Canada. Additionally, the greater number of cardiac procedures due to greater healthcare penetration in the U.S. and Canada drives the market. The high concentration of the major hospitals in the developed countries of this region coupled with good reimbursement rates is adding fuel to the market growth. Moreover, the large share of cardiac procedures especially the cardiac surgery treatment in the returns of hospitals favors the market. The large number of pharmaceutical companies in the U.S. is also a cause for the faster development of paroxysmal atrial tachycardia market in the U.S.. Advancements of microsurgery in developed regions such as the U.S. and Europe is a strong driver of the market.

Europe is the second largest market in the world due to growing pharmaceutical industry and healthcare penetration. The European market growth is led by countries such as Germany and France. Germany is expected to be the fastest growing market over the assessment period due to its large pharmaceutical and microsurgery devices industry.

Asia Pacific region is expected to grow rapidly; China and India are likely to lead this market due to fast growing healthcare sector and large unmet needs over the forecast period. South East Asian countries such as China, India, and Malaysia are projected to contribute highly to the market growth. The growing penetration of healthcare industry in the Asia Pacific region is expected to drive the future paroxysmal atrial tachycardia market in the region. However the low expenditure on cardiac and eye care coupled with the lack of insurance penetration in the developing regions is a dent on the market.

Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. Other Middle East nations to watch out for are Kuwait, Jordan, Egypt and Iran. The African region is expected to witness a poor growth owing to poor economic and political conditions, and poor healthcare development. Other regions are expected to be laggards due to poor social development and tribal identities such as sub Saharan Africa. The focus of the governments of poor countries on fulfilling basic healthcare relegates the paroxysmal atrial tachycardia market to the background which hampers the development of the market.

Segmentation

The global paroxysmal atrial tachycardia market has been segmented on the basis of types, condition, diagnosis, drugs, surgery and end user.

Based on the types, the market has been segmented as AV nodal re-entrant tachycardia (AVNRT), AV reciprocating tachycardia (AVRT), and paroxysmal atrial tachycardia.

Based on the diagnosis, the market has been segmented as electrocardiogram (ECG), echocardiogram, blood tests, and electrophysiology study (EPS) and others.

Based on the treatment, the market has been segmented as calcium channel blockers, digoxin, beta-blockers, anti-arrhythmic medications, surgical ablation and others.

Based on the end user, the market has been segmented as hospitals and clinics, research and academics and others.

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