Interventional Cardiology Market: Recent Industry Trends and Projected Industry Growth, 2020– 2027

 Global Interventional Cardiology Market held a value of USD 15,130.75 Million in 2018 and is expected to register a CAGR of 7.25% during the assessment period of 2019 to 2025.

Interventional cardiology deals with the catheter-based treatment of heart diseases. Scrutinizing all the global territories, it has been noticed that there is a huge rise in the number of cardiac diseases. This can be attributed to the change in lifestyle, leading to lifestyle diseases. Each year cardiovascular diseases cause 3.9 million deaths in Europe and over 1.8 million deaths in the European Union (EU).

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Many market players are dominating the global interventional cardiology market. The prominent players are involved in strategic agreements, product launches, and joint ventures to brace their market positions. For instance, in May 2018, Terumo Europe NV announced the launch of Ultimate Tensei drug-eluting stent in Europe.

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas held maximum share in the base year 2018, owing to the high incidence rates of cardiac disorders and strategic activities by major players in countries such as the US. The interventional cardiology market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European interventional cardiology market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The European market for interventional cardiology is expected to hold a substantial share owing to the increase in the number of cardiac disorder cases. For instance, in 2016, there were 66,076 deaths due to coronary heart diseases in the UK, which was the third-highest cause of death in that particular year. The interventional cardiology market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The interventional cardiology market in this region is anticipated to be the fastest-growing during the forecast period due to the increasing uptake and adoption rate of newer treatment options by patients as well as medical professionals. The increasing patient pool and mortality rate due to cardiac diseases in these countries also fuel the market growth. For instance, in 2017, ischemic heart disease was the second-highest cause for death in Japan. The interventional cardiology market in the Middle East & Africa has been divided into the Middle East and Africa.

Segmentation

The Global Interventional Cardiology Market has been segmented based on Type, and End User.

The market, based on type, has been segmented into stents, percutaneous transluminal coronary angioplasty (PTCA) catheters, plaque modification devices, coronary guidewires, and accessories. The market, based on stents, has been further divided into drug-eluting stents, bare-metal stents, and bioresorbable vascular scaffolds. The stents segment held a major share in 2018 owing to the increased number of product launches by key players in the current years. This segment is also expected to be the fastest-growing segment during the forecast period due to the increasing prevalence of coronary artery disease, and continued innovations by players. The market, based on PTCA catheters, has been segmented into balloon catheters, and guiding catheters.

The Global Interventional Cardiology Market has been segmented, based on end-user, into hospitals, cardiac catheterization laboratories, ambulatory surgical centers, and others. In 2018, the hospital’s segment held the majority share of the market owing to the increasing number of patient admissions due to coronary diseases. The cardiac catheterization laboratory segment is projected to be the fastest-growing segment owing to the increasing preference of cath labs by medical professionals.

Key Players

Some of the Key Players in the Global Interventional Cardiology Market are ABIOMED (US), Abbott (US), ACIST Medical Systems, Inc. (the US), B. Braun Melsungen AG (Germany), BD (US), Biosense Webster, Inc (US), Biotronik SE & Co. KG (Germany), Boston Scientific Corporation (US), Cardinal Health (US), Cook Medical (US), Edwards Lifesciences Corporation (US), GE Healthcare (US), Koninklijke Philips N.V. (Netherlands), Life Vascular Devices Biotech S.L. (Spain), Medtronic (Ireland), Merit Medical Systems, Inc (US), Terumo Corporation (Japan), and W. L. Gore & Associates, Inc. (US).

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Influenza Vaccines Market Growth, Trends and Value Chain 2020-2027

 Global Influenza Vaccines Market is expected to register a CAGR of 6.53% to reach USD 7,828.3 Million by 2025. Influenza viruses are one of the major infectious disease threats to the human population. Vaccination is the major public health measure for the prevention of influenza virus infection. Influenza vaccines are also known as flu shots or flu jabs. Currently available seasonal influenza vaccines are either trivalent or quadrivalent in composition.

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Market Dynamics

Influenza is an infection of the upper airway caused by an influenza virus, which is commonly known as flu. The most common symptoms include high fever, sore throat, headache, coughing, and sneezing. In 2018, 69,007 people were diagnosed with influenza viruses, out of which 67,733 were diagnosed with the influenza A virus and 1,274 with the influenza B virus, respectively. Moreover, influenza has resulted in between 9.3 million to 49.0 million cases of illnesses since 2010 in the US alone. This surge in influenza epidemics raises the demand for influenza vaccines, thereby contributing to the growth of the global influenza vaccines market. Moreover, increasing public & private initiatives for research & development of influenza vaccine, growing awareness about influenza vaccines, and increasing product launches & approvals

Segmentation

The Global Influenza Vaccines Market has been segmented by influenza Type, Manufacturing Technology, Vaccine Type, and End User.

The market, based on influenza type, has been bifurcated into seasonal and zoonotic. Based on manufacturing technology, the global influenza vaccines market has been bifurcated into egg-based, cell culture-based, and recombinant-based. On the basis of vaccine type, the global influenza vaccines market has been bifurcated into trivalent vaccines and quadrivalent vaccines. Based on end user, the global influenza vaccines market has been classified as hospitals and clinics, research organizations and academic institutions, and others.

Regional Analysis

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

The Americas is likely to dominate the global influenza vaccines market. This can be attributed to the rising prevalence of influenza in the region. Each year on average, 5% to 20% of the US population suffers from influenza. Furthermore, there are approximately 31.4 million outpatient visits due to influenza and more than 200,000 hospitalizations each year. This surge in influenza would support market growth in the American region.

The European market for influenza vaccines is expected to be the second largest during the review period. The high prevalence of seasonal influenza and the rise in product launches by key players is expected to boost the growth of the regional market. Moreover, the influenza vaccine uptake has increased to 72% from 2018 to 2019, from 70.5% from 2016 to 2017. This rising demand for influenza vaccines is anticipated to drive the market growth in this region.

The market in Asia-Pacific is expected to register a significant growth rate during the forecast period owing to the rising investment by major companies to enhance their foothold in the regional market. For instance, in April 2017, Serum Institute of India Pvt Ltd acquired the Czech arm of the US-based, firm Nanotherapeutics for about USD 78 million (EUR 72 million) as a part of its growth strategy.

The market in the Middle East & Africa is likely to exhibit the lowest growth owing to the limited access and availability of treatment facilities. The developing healthcare infrastructure, and continuously increasing demand for vaccination are factors expected to drive the growth of the market in the region.

Key Players

The Prominent Players in the Global Influenza Vaccines Market are AstraZeneca (UK), GlaxoSmithKline PLC (UK), Sanofi (France), Abbott Laboratories (US), Seqirus (UK), Hualan Biological Engineering Inc. (China), Mitsubishi Tanabe Pharma (Japan), Serum Institute of India Pvt. Ltd (India), and Mylan NV (US).

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Primary Cells Market – Insights on Upcoming Trends 2027

 Primary Cells Market is expected to register a CAGR of 8.13% to reach USD 1,233.67 Million till 2025.

Primary human cells are isolated directly from normal human tissue or blood cells via the enzymatic or mechanical method. Primary cells retain their fundamental cellular functions. Hence, their use in cell-based research programs is increasing significantly.

Key factors that drive the primary cells market are the rapid growth in the biotechnology and biopharmaceutical industries, growing cancer research, rising adoption of primary cells over cell lines, increasing demand for monoclonal antibodies, and increasing healthcare expenditure are anticipated to drive the growth of the market during the forecast period.

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However, factors such as the high cost of advanced primary cells, and the risk of contamination may hamper the growth of the market. The increasing preference of primary cells in research and development to develop new drug acts as opportunities for the growth of the primary cells market.

Market Dynamics

Growing cancer research across the world demand. Cancer is one of the major causes of death across the globe and is responsible for a large number of deaths. Different pharmaceutical companies and research institutes are involved in developing cancer treatment drugs using cell culture. The increasing prevalence of cancer across the globe is promoting the demand for research activities to develop new drugs. According to the National Cancer Institute in 2018, around 1,735,350 cases of cancer were diagnosed in the US alone.

Additionally, Cancer Research UK reported that in 2018 the new cases of cancer were reported to be 17 million across the world. The increasing number of populations suffering from cancer increases the demand for new research activities to develop new drugs, which ultimately increases the demand for products such as primary cell culture. For instance, the National Cancer Institute conducts different research on cancer biology, cancer genomics, and causes of cancer using primary cell culture. Additionally, there are different major and small manufacturers and suppliers, such as Merck KGaA and PromoCell GmbH, who provide primary cells for cancer research.

Segmentation

The Global Primary Cells Market is segmented into source, Type, and End User. By source, the market has been segmented into hematopoietic cells, skin cells, gastrointestinal cells, liver cells, lung cells, and skeletal and muscle cells.

Based on type, the market has been segmented into human primary cells and animal primary cells. On the basis of end user, the market has been segmented into pharmaceutical and biotechnology companies and research institutes.

Regional Analysis

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

The Americas is expected to hold the largest share of the global primary cells market. The market growth in this region is attributed to the presence of a well-established healthcare system, increasing prevalence of cancer, growing government funding in research, and technological advancements. According to the National Cancer Institute, around 1,685,210 new cases of cancer were diagnosed in the US in 2016. A huge patient pool with cancer is thus driving the growth of the market. Increasing healthcare expenditure by government organizations to provide a better life to the people drives the market growth. For instance, in 2017, the healthcare expenditure in the US was USD 3.5 trillion, and this expenditure increased to USD 3.65 Trillion in 2018.

Europe is expected to account for the second-largest market share during the forecast period. The European market is segmented into Germany, the UK, Italy, Spain, France, and the rest of Europe. Europe held a healthy share in the global primary cells market and is the second-largest market leader after the Americas, owing to the presence of favorable government initiatives & laws, rising prevalence of lifestyle-associated conditions, and the presence of developed economies such as Germany, the UK, and France. According to the Office for National Statistics, the gross domestic expenditure on research and development (R&D) activities was EUR 33.1 billion (USD 35.2 billion) in 2016. The increased spending on research and development activity boosts the market growth in this region.

Asia-Pacific is projected to exhibit the fastest market growth from 2019 to 2025 owing to the increasing per capita health spending, growing geriatric population base, and developing the healthcare sector in China, Japan, India, and Australia. According to the World Bank, the healthcare expenditure in India for the year 2016 was 3.66.% of the total GDP (gross domestic product).

The market in the Middle East and Africa is expected to hold the least market share owing to limited access to treatment facilities. However, the increasing invests by healthcare companies in countries such as Saudi Arabia and the launch of new products will help to strengthen the market growth.

Key Players

The Prominent Players in the Global Primary Cells Market are AllCells (US), American Type Culture Collection (ATCC) ( Virginia), Axol Bioscience Ltd (UK), Cell Biologics, Inc. (Chicago), Lonza Group, AG (Switzerland), Merck KGaA (Germany), PromoCell (UK), STEMCELL Technologies Inc. (Canada), ZenBio, Inc. (Research Triangle Park, NC), Thermo Fisher Scientific Inc. (US), and among others.

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Nephrectomy Market Is Seeing Explosive Growth by Future Industry Winners: Forecast, 2020-2027

 Nephrectomy Market is expected to register a CAGR of 4.80% and was valued at USD 4,470.17 Million in 2018.

Nephrectomy is a surgical procedure performed to remove the kidney or a part of it. Nephrectomy is of two types, namely, radical nephrectomy in which the entire kidney is removed and partial nephrectomy where a part of the kidney or the diseased tissues is removed as a process of the treatment. Most frequently, a nephrectomy is done to treat kidney cancer or to remove a noncancerous tumor during urological surgery. The demand for nephrectomy is increasing due to the increasing prevalence of kidney cancer and chronic kidney diseases, the rising number of laparoscopic nephrectomy procedures, and increasing awareness about organ (kidney) transplant. These factors are expected to fuel the growth of the global nephrectomy market. However, risks and complications of the nephrectomy surgery and high cost of the procedure are anticipated to hamper the market growth.

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Market Dynamics

Kidney cancer is a disease in which the healthy cells of one or both kidneys start proliferating in an uncontrolled manner and form lumps (called a tumor). In chronic kidney disease (CKD), also known as chronic renal disease, chronic renal failure, or chronic kidney failure, the problems are kidney-related that result to cause slow and progressive loss of kidney function over a period and eventually results in permanent kidney failure. The main causes of kidney diseases are diabetes and high blood pressure.

For instance, the National Kidney Foundation, Inc. reported that chronic kidney disease (CKD) is one of the leading causes of death in the US and also stated that around 75% of kidney failure was caused due to diabetes and high blood pressure between 2014 and 2016. According to the World Health Organization 2018 fact sheet, 422 million people were reported to have diabetes in 2014 across the world. The increasing prevalence of diabetes is leading to cause kidney problems and is thus driving the nephrectomy market.

Similarly, the awareness and demand for organ (kidney) transplant is likely to drive the market growth. According to the US Government Information on Organ Donation and Transplantation, 21,167 kidney transplants took place in 2018 in the US. Hence the demand for organ transplants is fueling the growth of the worldwide nephrectomy market.

Segmentation

The Global Nephrectomy Market has been divided based on procedure, indication, end-user, and region. The market, based on procedure, has been segregated into open nephrectomy, laparoscopic nephrectomy, and robot-assisted laparoscopic surgery. Based on indication, the nephrectomy market has been divided into kidney cancer and other kidney diseases. On the basis of end-user, it is bifurcated into hospitals & clinics, surgical centers, and others.

Regional Analysis

The Global Nephrectomy Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and Rest of the World (RoW). The Americas are likely to dominate the global nephrectomy market. The increasing prevalence of kidney cancer in the region, high prevalence of chronic kidney diseases, and growing development in diagnostics would drive the growth of the nephrectomy market in this region. Moreover, according to the American Cancer Society, it is estimated that about 73,820 new cases of kidney cancer (44,120 in men and 29,700 in women) are likely to occur in 2019. Also, kidney cancer is among the ten most common cancers in both men and women. Hence, the market for nephrectomy is expected to grow in the Americas.

Europe held a substantial share in the global nephrectomy market. This can be attributed to the increasing incidence and prevalence of cancer, and public policies & reimbursement procedures in this region are expected to boost the growth of the market in this region.

Asia-Pacific is estimated to be the fastest-growing region in the global market. This is due to the increasing R&D funding by developing countries and the development of the healthcare sector.

The nephrectomy market in Rest of the World is expected to witness steady growth during the review period due to limited access and healthcare affordability among the population.

Key Players

The Prominent Players in the Global Nephrectomy Market are KARL STORZ SE & Co. KG (Germany)., Olympus Corporation (Japan), Medtronic Plc (Ireland), B. Braun Melsungen AG (Germany), Johnson & Johnson Services Inc. (US), Cook Group (US), CONMED Corporation (US), and XCELLANCE Medical Technologies (India).

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Asthma Inhaler Device Market Size, Share, Demand, Financial Overview, Key Developments, Swot Analysis and Forecast to 2027

 Asthma Inhaler Device Market is expected to register a CAGR of 6.42% to reach USD 19,677.54 Million by 2025. Asthma inhaler devices are hand-held, portable devices that are used to deliver medicine to the lungs. Inhaler devices are mainly used to treat or prevent diseases of the airways, including asthma.

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Market Dynamics

The prevalence rate of asthma is increasing tremendously. According to the World Health Organization (WHO), in December 2016, an estimated 235 million people had asthma globally. This high prevalence of asthma, growing need for rescue medication, and rising demand for metered-dose inhalers are expected to drive the market growth.

Segmentation

The Global Asthma Inhaler Device Market has been segmented by Type, Mode of Operation, and End User

The market, based on type, has been bifurcated into the metered-dose inhaler, dry powder inhaler, and soft mist inhaler. The metered-dose inhaler is further sub-segmented into standard pressurized metered-dose inhalers, breath-actuated pressurized metered-dose inhalers, and metered-dose inhaler with a spacer.

Based on the mode of operation, the asthma inhaler device market has been segregated into manually operated inhaler devices and digitally operated inhaler devices.

The global asthma inhaler device market, based on end-user, has been segmented into hospitals & clinics, homecare and others.

Regional Analysis

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

The Americas are likely to dominate the global asthma inhaler device market. This can be attributed to the increase in the incidence of asthma and the rising demand for metered-dose inhalers. Moreover, the adoption of smart inhalers by the population and increasing demand for advanced technologies is also expected to drive market growth.

The European market for asthma inhaler devices is expected to be the second-largest during the review period. The presence of major players such as GlaxoSmithKline PLC, AstraZeneca, and Boehringer Ingelheim, the rising adoption of respiratory inhalers by hospitals and patients in European countries and continuous efforts made by the European Academy of Allergy & Clinical Immunology to increase awareness about asthma, is expected to boost the growth of the regional market.

Asia-Pacific is estimated to be the fastest-growing market owing to the presence of rapidly developing economies of China, India, and South Korea. Moreover, the high prevalence of asthma, as well as other respiratory diseases, is also positively affecting market growth.

The market in the Middle East & Africa is expected to witness steady growth due to increasing cases of asthma and demand for better treatments in the Middle Eastern countries.

Key Players

The Prominent Players in the Global Asthma Inhaler Device Market are GlaxoSmithKline plc (UK), Koninklijke Philips NV (Netherlands), AstraZeneca (UK), Cipla Inc. (India), Boehringer Ingelheim International GmbH (Germany), Beximco Pharmaceuticals Ltd (Bangladesh), Merck & Co., Inc. (the US), Teva Pharmaceutical Industries Ltd (Israel), Chiesi Farmaceutici SpA (Italy), and Medisol Lifescience Pvt. Ltd (India).

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New research report offers detailed research on developments in Forensic Swab Market 2027

 The Global Forensic Swab Market is expected to register 5.8% CAGR and is anticipated to reach USD 49.09 Million by 2023. Forensic swabs are extensively used by forensic scientists and crime scene investigators for collecting a wide range of evidence-samples such as blood, saliva, and DNA. These samples are analyzed in the laboratory for desired results. Gathering biological samples for successive DNA analysis is one of the major applications for forensic swabs. Rising criminal activities, increasing adoption of DNA forensics, growing forensic biotechnology sector, and favorable government support are some of the major factors driving the market growth during the forecast period. However, factors such as the high price of DNA free forensic swabs and irregular supply of new products in the market are projected to restrain the market growth. However, the growing rate of chronic and infectious diseases, increased research and development investment (R&D), and technological advancements are expected to boost the market growth.

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Key Players

The prominent players in the global forensic swab market manufacturers are Becton, Dickinson and Company Thermo Fisher Scientific Inc., Merck KGaA, Copan Italia S.p.A., MWE, SARSTEDT AG & Co. KG, Luna, Puritan Medical Products, Sirchie, and MEDTECH Forensics.

Market Dynamics

The past few years, there has been an increase in criminal activities and reported crimes has increased. According to crime statistics published by the Federal Bureau of Investigation, approximately 17,250 murders were estimated to be reported within the US in 2016. The government support for forensics-related activities is one of the major factors driving the global forensic swab market. The judicial framework of various countries has realized the importance of forensics. Currently, forensics is being utilized as toxicology forensics, DNA forensics, and others for investigating criminal offenses. According to a report on forensic science published by the National Criminal Justice Reference Service, the National Institute of Justice received a funding of USD 125 million through the Department of Justice Appropriations Act in 2017 for boosting DNA and other related forensic programs and activities and sexual assault forensic exams.

Segmentation

The global forensic swab market has been segmented into type, type of swab shaft, and end user.

Based on type, the global market has been segmented into foam, flocked, and cotton.

Based on type of swab shaft, the global market has been segmented into wood-stick shaft, polystyrene shaft.

Based on end user, the global market has been divided into forensic science laboratories and hospitals.

 

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Medical Image Management Market 2020 Analysis, Industry Size, Share Leaders, Current Status by Major vendors and Trends by Forecast to 2027

 Global Medical Image Management Market analysis expected to register a CAGR of 7.80% to reach USD 5,971.28 Million till 2025. Medical image management systems are used in hospitals and diagnostic centers for sharing patient data and laboratory results with physicians. These systems are very useful and help in maintaining patient data, which plays an important role in clinical decision making.

The rising prevalence of chronic diseases, increasing spending on the healthcare it sector, and technological advancements in diagnostics sector are expected to enhance the market growth. However, the high costs of software solutions and privacy and security concerns are projected to curb the growth of the market.

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Market Dynamics

The market is expected to witness a profitable growth owing to the rising prevalence of chronic diseases. According to the data by the Government of Canada, in 2017, about 2.3 million people aged 12 and older were diagnosed with diabetes. Additionally, according to the press release by Chiron Health published in June 2016, chronic diseases such as heart disease, stroke, cancer, depression, type 2 diabetes, obesity, and arthritis affected an estimated 117 million people in the Americas. The medical image management technology could be used to address the issues related to the data collection and sharing of laboratory results and rising demand for healthcare services related to the diagnosis of cancer, diabetes, and other diseases in the North American region.

Thus, the rising prevalence of chronic diseases is expected to drive the growth of the global medical image management market.

Segmentation

The global medical image management market, by product, has been segmented into picture archiving and communication system, vendor-neutral archive (VNA), application-independent clinical archives, and enterprise viewers/universal viewers.Based on end user, the medical image management market has been categorized as hospitals, diagnostic imaging centers, and others.

Regional Analysis

The global medical image management market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas accounted for the largest market in 2018 and is estimated to dominate the global medical image management market owing to the increasing prevalence of chronic diseases, rising adoption of healthcare IT by healthcare bodies, and an increasing number of medical imaging procedures performed.

Europe acquired the second largest market share in 2018. It is expected to register a CAGR of 8.12% by the end of the forecast period. The European market is expected to register a sturdy growth rate during the forecast period due to major driving factors such as the rising patient population of strokes and cardiovascular disorders, increasing research on ultrasound, and availability of advanced treatment facilities amongst others. For instance, according to the 2017 statistics presented by the European Society of Cardiology, there were more than 6 million new cases of cardiovascular diseases in the European Union and more than 11 million in Europe as a whole.

Asia-Pacific is expected to witness significant growth and is projected to be the fastest-growing region over the forecast period. The high growth rate is due to the rising demand for medical practitioners to produce appropriate vascular, orthopedic, breast, and cardiac images and integration of reports, images, and measurements into a patient’s complete record. India held a share of 17.8% in the Asia-Pacific medical image management market in 2018.

The Middle East & Africa accounted for the least market in 2018 and is forecasted to exhibit steady growth due to the high price of devices, lack of awareness regarding health, and lack of skilled professionals.

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