Sunday, 16 May 2021

Muscle Stimulator Market Revenue and Value Chain 2020-2027

 The muscle stimulators use electric current to elicit contraction in muscles or nerves. The electric signal has intensity and frequency which mimics the nerve signal system. The market for muscle stimulator is rising due to drivers such as increasing popularity of sports and increased demand for fitness products, increasing healthcare expenditure and rising affordability of muscle stimulators, demand for non-invasive technology devices and growing preference for muscle stimulators among physiotherapists etc. The rising population of geriatrics is also a strong stimulant. According to the world health organization by 2050, the world’s population aged 60 years and older is expected to total 2 billion, up from 900 million in 2015.

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The world health organization also estimates that today, 125 million people are aged 80 years or older. Thus the huge rise in geriatrics around the globe, will drive the market due to greater frequency of muscle ailments in the geriatrics population. There has been increasing incidence of muscle diseases and disorders such as low back pain, spinal injuries etc. are driving the market. The rise of risk factors such as growing prevalence of diabetes, increasing incidence of accident injuries, occupational injuries etc. is driving the growth of these diseases.

The restraints include competition from alternative therapies such as acupuncture, yoga, and aroma therapy etc., lack of usage guidelines and safety concerns and regulatory uncertainties in the US.

Considering all these factors the market for muscle stimulator is expected to reach $ 768.3 million by the end of 2023, this market is projected to growing at a CAGR of ~ 6.1 % during 2017-2023.
Study objectives:

  • To provide detail analysis of the market structure along with estimated future growth forecast for the next 6 years about various segments and sub-segments of the global muscle stimulator market.
  • To provide insights about factors affecting the market growth.
  • To analyze the global muscle stimulator market based on various factors – price analysis, supply chain analysis, Porters Five Force Analysis etc.
  • To provide past and estimated future revenue of the market’s segments and sub-segments with respect to four main geographies and their countries – Americas, Europe, Asia-Pacific along with Middle East & Africa.
  • To provide country level analysis of the market with respect to the current market size and future growth prospect.
  • To provide country level analysis of the market’s segments which includes by products, and by application.
  • To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies and drawing a competitive landscape of the market.
  • To track and analyze developments which are competitive in nature such as joint ventures, strategic alliances, mergers and acquisitions, new disease developments along with research and developments currently taking place in the global muscle stimulator market.

Key players of Global Muscle stimulator Market:

Key players profiled in the report are DJO Global, Inc., Mettler Electronics Corp., Axiobionics, Zynex, NeuroMetrix, Inc., OMRON Corporation, Tone-A-Matic and others.

Segments:

The global muscle stimulator market is segmented on the basis of products. Based on the products, the market has been segmented as transcutaneous electrical nerve stimulator, burst mode alternating current, neuromuscular electric stimulation, and interferential current. Based on the application, the market has been segmented as pain management, neurological and movement disorder management and musculoskeletal disorder management.


Regional analysis

US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. Europe is the second largest market due to large disposable income and rising awareness. Asia pacific region will be the fastest region because of large unmet needs which will be led by China and India. The Middle East and Africa market will be led by the gulf nations particularly Saudi Arabia and UAE. The poor regions of Africa is expected to be a laggard due to poor economic and political conditions.

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Soaring Demand Drives Global Acute Myeloid Leukemia Treatment Market Growth During the Forecast Period, 2020-2027

 The Market for Acute Myeloid Leukemia Treatment is expected to reach $ 1.2 billion by the end of 2023, this market is projected to growing at a CAGR of Approximately 5.3 % during 2017-2023.

Acute myeloid leukemia (AML) is a cancer of the myeloid blood cells, causing extreme and rapid growth of abnormal white blood cells of the bone marrow. The rapid buildup of abnormal white blood cells causes interference in the production of normal blood cells. AML has a propensity to increase towards age. Replacement of normal bone marrow with cancer cells causes a drop in blood constituents such as red blood cells, platelets, white blood cells etc. which causes symptoms such as fatigue, breathlessness, easy bruising and bleeding, and increased risk of infection. The market driving factors for acute myeloid leukemia (AML) are rise in risk factors such as exposures to carcinogens such as ionizing radiation, chemicals etc. Presence of other blood disorders and genetics is also involved for the higher risk of AML. Other market drivers are increasing number of cancer hospitals, greater awareness, good reimbursement scenario etc. The market constraints are poor cure rates of the present drugs, serious side effects of the drugs etc.

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 The market driving factors are the rising number of stem cell banks and the increase in genetic profiling of cancer genes which is increasing the understanding of AML. The increasing interest and expenditure as well as grants for stem cell research will lead to future growth due to their high potential.

Key players of Global Acute Myeloid Leukemia Treatment Market

  • Johnson & Johnson
  • Pfizer Inc.
  • Celgene Corporation
  • Ambit Biosciences Corporation
  • Cyclacel Pharmaceuticals Inc.
  • Novartis AG and Sanofi
  • Bristol Myers Squibb

Segmentation of Global Acute Myeloid Leukemia Treatment Market

The global acute myeloid leukemia treatment market is segmented on the basis of disease type. Based on the disease type, the market has been segmented as myeloblastic, promyeloctic, myelomonocytic, monocytic, erythroleukemia and megakaryocytic. Based on the treatment, the market has been segmented as chemotherapy, and hematopoietic stem cell transplantation. Chemotherapy is further sub-segmented into induction and post remission.

Regional Analysis of Acute Myeloid Leukemia Treatment Market

US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. Europe is the second largest market due to large disposable income and presence of large hospitals. Asia pacific region will be the fastest region because of large unmet needs which will be led by China and India. The Middle East and Africa market will be led by the gulf nations particularly Saudi Arabia and UAE. The poor regions of Africa is expected to be a laggard due to poor economic and political conditions.

The report for Global Acute myeloid leukemia treatment Market by Market Research Future comprises of extensive primary research along with the detail analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.

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Impact of Existing and Emerging Global Lithotripsy Market Trends And Forecast 2020-2027

 Lithotripsy is medical procedure that break kidney stones in small pieces. It use shock wave to break kidney stones so that it can travel through urinary track and remove from the body.  Changing technology and innovation are major driving forces for the global lithotripsy market. Increasing adoption of new products and rising demand for advanced medical instruments are key factors for market growth. Major manufactures are increasing funding for new product development that leading to innovation and increasing competition in this market. Increasing burden of kidney stone is major factor for market growth.

The Global Lithotripsy market is growing at the CAGR of ~4.1% during the forecast period and expected to reach US$ 524.9 million by 2023.

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Segments:                                                                                                                                        

Global Lithotripsy Market has been segmented on the basis of type Extracorporeal shock wave lithotripsy (ESWL), Intracorporeal (endoscopic lithotripsy), Percutaneous lithotripsy, and others. Intracorporeal is further sub segmented into Laser lithotripsy, electrohydraulic lithotripsy, Mechanical lithotripsy, and Ultrasonic lithotripsy. On the basis of end user market is segmented into Hospitals and clinics, Research laboratories, Academic Institutes, and others.

Regional Analysis of Global Lithotripsy Market:  

Considering the global scenario of the market, Americas holds the largest market share for the global lithotripsy market. In Americas, U.S. accounts the largest market share due to the high adoption of the advanced technology by healthcare professionals and high demand for advanced medical instruments. European is second largest region in global lithotripsy market where Western European countries accounts the largest share of this region. On the other hand, Asia-Pacific (APAC) is fastest growing market and expected to dominate the market by 2023. Middle East and Africa (ME&A) is likely to have a restricted growth in the market due to less awareness of devices and treatment.

Key Players for Global Lithotripsy Market:     

Some of the key players in this market are: Boston Scientific (US), DIREX, S.L. (Spain), Dornier MedTech.(Germany), EDAP TMS (France), Elmed Electronics & Medical Industry & Trade Inc.(Turkey), Jena Med Tech GmbH (Germany), Medispec LTD (US), Olympus Corporation (Japan), Siemens Healthcare GmbH (Germany), STORZ MEDICAL AG (Switzerland)

The report for Global Lithotripsy Market of Market Research Future comprises 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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mHealth Applications Market to Witness Widespread Expansion During 2020-2027

 mHealth is one of the most innovative and disruptive trends in healthcare sector that is growing at prodigious rate from last few years. mHealth is changing the way of traditional medical practices and creating path for the future of healthcare. mHealth assists to check and maintain the health related activity by using technology such as Bluetooth, mobile network (GSM/GPRS/3G/4G), and Wi-Fi. The data collected by mHealth devices such as mobile phones, tablets, laptops and tablet PCs assist to medical professional, consumers, and other users.

Considering the global scenario of the mHealth applications market, the total market for mHealth application was US$ XX billion in 2016 and expected to reach US$ 100.2 billion by 2023. While considering the segments, monitoring application is holding largest market share that is about 53.8% in 2016.

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Key Players for Global mHealth Applications Market:

Some of the key players in this market are: Allscripts (US), Agamatrix, Inc. (US), Apple Inc. (US), Honeywell International Inc. (US), Medtronic MiniMed, Inc. (US), Vivify Health (US) and iHealth Labs Inc. (US).

Segments:

Global MHealth applications Market has been segmented on the basis of type which comprise Monitoring Applications, Diagnosis & Treatment, Education & Awareness, Healthcare Management, Wellness & Prevention, and others.

Research Methodology:

Regional Analysis of Global mHealth applications Market:

Considering the global scenario of the market, Europe was holding largest market share of 31.7% in global mHealth applications market in 2016. Asia-Pacific is second largest and fastest growing market in global mHealth applications market. APAC is expected to grow at a CAGR of 33.7% during 2017-2023. North America is one of pioneer in mhealth and is slightly behind the APAC. North America is expected to reach USD 28762.1 million by 2023. On the other hand. Middle East and Africa (ME&A) mHealth was valued USD 1334.9 in 2016 and is expected to grow at steady pace during the forecast period.

The report for Global mHealth Applications Market of Market Research Future comprises 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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CPAP Devices Market: Recent Industry Trends and Projected Industry Growth, 2020– 2027

 Continuous positive airway pressure (CPAP) devices are used in the treatment of choice for obstructive sleep apnea syndrome. CPAP works by blowing air into the nose and throat. The blow causes a positive pressure to hold the upper airway open during sleep and thus helps in the treatment of snoring. This device typically used when the patient has a breathing problem. Additionally, it increases the air pressure in the throat to avoid airway from collapsing when breathing. It can be used every night at home while sleeping. The global CPAP market is majorly driven by increasing number of patients with sleep apnea, obesity, and other respiratory diseases. According to the World Health Organization (WHO), in 2016, more than 1.9 billion adults, above 18 years were overweight. Out of these over 650 million were obese. The report also suggests that over 340 million children and adolescents aged 5-19 were overweight or obese in 2016. Thus, rising number of patient with obesity generating the exponential demand for CPAP devices market.

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According to the WHO, in 2016, around 39% of 41 million children under the age of 5 were overweight or obese. Advances in technology such as improved mask design, oral appliances, use of oxygen devices, rising healthcare expenditure, and increasing demand for the devices have fuelled the market growth. However, CPAP is not always effective since some patients find it uncomfortable and sometimes it shows adverse effects. The high cost of the devices and their adverse effect may slow the market growth.

Global continuous positive airway pressure (CPAP) devices market is expected to grow at a CAGR of 7.1% during the forecast period 2017-2027. 

Segmentations

Global continuous positive airway pressure (CPAP) devices market is segmented on the basis of product type, features, automation, and end user

On the basis of the product type, it is segmented into CPAP motors, CPAP hoses, CPAP mask, and others.

On the basis of the features, it is segmented into the humidifier, portability, heated tubing, and others.

On the basis of the automation, it is segmented into manual and automatic.

On the basis of the end user, it is segmented into hospitals, private clinics, home care, and others.

Regional Analysis

The Americas hold the largest share of the global market owing to increasing incidence of obesity, unhealthy diet, and physical inactivity. According to the updated report by the Centers for Disease Control and Prevention (CDC) in 2017, a total number of adults diagnosed with chronic bronchitis in the past year was 9.3 million. The report further adds that around 3.8% of the total adult population in the U.S. diagnosed with chronic bronchitis, in 2016. Presence of well-developed technology, high health care spending, increased R&D activities, and the concentration of major companies have fuelled the growth of the market in this region.

Europe holds the second position followed by the Asia Pacific in the global CPAP devices market owing to the rising patient population diagnosed with respiratory diseases. Furthermore, the government support for research & development and availability of funds for research are likely to fuel the CPAP devices market growth over the forecast period.

Asia Pacific is the fastest growing CPAP devices market owing to unhealthy diet and associated lifestyle changes. Moreover, the increased presence of rapidly developing healthcare technology, high healthcare expenditure, R&D activities, and the concentration of major companies are fuelling the growth of the market in this region. Increasing demand for new treatment methods in countries like India and South Korea is likely to emerge as the fastest growing market across the globe.

On the other hand, the Middle East and Africa account for the lowest share of the global market owing to lack of technical knowledge and poor medical facilities. 

Key Players

Some of key the players in the market are Medtronic (U.S.), Koninklijke Philips N.V. (the Netherlands), 3B Medical, Inc. (U.S.), Armstrong Medical Inc. (U.S.), ResMed (U.S.), Smiths Medical (U.S.), Apex Medical Corp. (Taiwan), Fisher & Phillips LLP (U.S.), Cardinal Health (U.S.) Beijing Dehaier Medical Technology Co., Ltd. (China), DeVilbiss Healthcare LLC (US), and Invacare Corporation (US).

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Needle-Free Diabetes Care Market – Qualitative Insights by 2027

 Diabetes is a group of metabolic disorders, which is caused by insulin deficiency. Needle-free is a modern technique for administration of the medication to the patient. According to the International Diabetes Federation, about 420 million adult population was suffering from diabetes in 2016, which is increasing at the rate of 8.4% per year and is expected to reach 625 million by 2040. Increasing diabetic population is the major driving factor for the growth of the market. Moreover, increasing obese population, increasing healthcare expenditure, and strong encouragement from the government have also contributed to the growth of the market. According to research, smoking increases the possibility of diabetes; more than 60% of the global population smokes, this has increased the risk of diabetes and contributed to the growth of the market. On the other hand, factors such as, lack of awareness among people and higher cost are hampering the growth of the market.

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Global needle-free diabetic care market is expected to grow at a CAGR of 7.5% during the forecast period 2017-2023.

Segmentation

The global needle-free diabetic care market is segmented on the basis of devices types into treatment devices and diagnostic devices. Treatment devices are further segmented: insulin jet injector, insulin pen, insulin inhaler, and insulin patch & pump. Diagnostic devices are also further segmented into continuous glucose monitoring and instant glucose monitoring. On the basis of treatment, the market is segmented into oral insulin, inhaled insulin, insulin patch, and others. On the basis of applications, the market is segmented into insulin delivery and others. On the basis of end users, the market is segmented into diagnostic centers, hospitals & clinics and other.

Regional Analysis

America dominates the global needle-free diabetes care market owing to large diabetic population. Apart from this, increasing number of obese people, changing lifestyle and increasing healthcare expenditure have boosted the growth of the market in America. Europe accounts for the second largest market, which is followed by Asia Pacific. Asia Pacific is the fastest growing region in the global market due to the presence of large diabetic population.

Key Players for Global Needle-free Diabetes Care Market

Antares Pharma, Inc. (US), Bioject Medical Technologies Inc. (US), Endo International plc (US), European Pharma Group (Netherland), PharmaJet (US), Medical International Technology, Inc. (US), Valeritas, Inc. (US), PenJet Corporation (US), INJEX Pharma AG (Germany), National Medical Products Inc. (US), Crossject SA (France), Zogenix, Inc. (US), 3M Company (US).

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Wearable Tracking Devices Market to Witness Widespread Expansion During 2020-2027

 The global wearable tracking devices market is expected to grow during the forecast period. The wearable tracking devices allow the users to monitor their health and physical activity. These devices can be worn on body 24*7, and the device continuously records your vitals accurately like heart rate, quality of sleep, step count and others. The growing trend of wearable fitness tracking device among the young generation is the key factor for the market to grow. Furthermore, the increasing prevalence of cardiovascular diseases, rising obesity rates, the rise of fitness consciousness among the old population, increasing demand for sophisticated technology devices, and modernization of lifestyle fuel the market growth.

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Segmentation

However, factors such as high costs of wearable tracking devices, security issues, and different devices give different results are some of the factors expected to hinder the market growth during the forecast period.

Segmentation

The global wearable tracking devices market is segmented on the basis of types, application, sales channel, and end-user.  The global wearable tracking devices market, by type, is segmented into Wristwear, Footwear and other. The wristwear segment includes Fitness Bands and Smartwatch. The Application segment is segmented into Healthcare, Consumer electronics, and others.  Sales Channel segment consists of online and offline. On the basis of end-user, the market is categorized into Sportsperson, Patients, and Others. On the basis of region, the Global wearable tracking devices Market is segmented into the Americas, Europe, Asia Pacific, and the Middle East and Africa.

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

Key players

Some of the key players for the Global wearable tracking devices Market are Adidas (Germany), Gramin Ltd (Switzerland),  Apple Inc (US), Pebble Technology Corp (US), Samsung Electronics Co Ltd (South Korea), Sony (Japan), Fitbit, Inc. (US), Google Inc. (US), Xiaomi Technology Co., Ltd. (China), Jawbone (US), Nike (US).

Regional Market Summary

The wearable tracking devices market is dominated by North America owing to rising cardiovascular diseases in this region. According to the CDC in 2015, 366,000 people died due to heart disease.

The presence of major market players such as Apple, Nike, and Jawbone in this region also influences the market growth.

It is estimated that Europe stood second in the global wearable tracking devices market. The rising obesity in this region is driving the growth of the market. In the EU, 51.6 percent of people are overweight. Thus, this enhances the global wearable tracking devices Market in this region.

The Asia Pacific will witness growth for the wearable tracking devices market owing to the trend of wearable fitness tracking device among the young generation. China, India, and Japan are key market players in this region and is expected to be the largest market for the wearable tracking devices. India has 60% of the young population below 35 years. Thus, this provides favorable backgrounds for the market to grow.

The Middle East and Africa holds the least share in the Global wearable tracking devices Market due to the presence of stringent government policies and poor economies.

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