Wednesday, 2 June 2021

Lithotripsy Market to Witness Widespread Expansion During 2020-2027

Market Scenario:

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 size 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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Tuesday, 1 June 2021

Safety lancet Market: Recent Industry Trends and Projected Industry Growth, 2020– 2027

 Market Scenario:

The Safety Lancet Market is a dynamic and vital component of the healthcare industry. Developments in the medical device industry are made to simplify the diagnosis, prevention and treatment of various diseases. Every component of this industry plays an important role in the Safety Lancet Market sizing. One of such device is safety lancet, which is capturing a huge market share due to its application. The Safety Lancet Market can be further divided into push button safety lancet, pressure activated safety lancet and side button safety lancet.

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The global Safety Lancet Market is expected to reach USD 2,305.1 million in 2023 from USD 1,056.2 million in 2016 with a CAGR of 11.8% during the forecast period 2017-2023.

Key Players for Global Safety Lancet Market:

Some of the key players in this Safety Lancet Market are: F. Hoffmann-La Roche AG, Becton, Dickinson and Company, Terumo Medical Corporation, Bayer AG, HTL-STREFA S.A., Sarstedt AG & Co., Improve Medical Technology Co. Ltd and others.

Safety Lancet Market Segments:

Global Safety lancet Market has been segmented on the basis of types which comprises of push button safety lancet, pressure activated safety lancet and side button safety lancet. On the basis of end user, it comprises of hospitals & clinics, diagnostic centers and pathology laboratories, home diagnostics and other end users.

Regional Analysis of Global Safety Lancet Market:

The global Safety Lancet Market is growing steadily. The Safety Lancet Market is growing with the CAGR of 11.8% during the forecast period from 2017-2023. Blood sampling safety lancet are the most common devices used in hospitals, clinics, diagnostic centers and home monitoring. The global safety lancet market reached USD 2,305.1 million in 2023 from 1,056.2 million in 2016. Europe region captured the largest Safety Lancet Market globally and is expected to reach USD 1,032.7 million by 2023 due to the growing demand and need for safe blood glucose tests in hospitals, clinics, diagnostics centers etc. and the growth of insulin users.

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Glaucoma Treatment Market 2020 Analysis, Industry Size, Share Leaders, Current Status by Major vendors and Trends by Forecast to 2027

 Market Scenario:

Glaucoma is a disease characterized by fluid builds up in the front part of your eye which results in damages to the eye’s optic nerve which may lead to blindness if left untreated. Open angle glaucoma (OAG) is the most common type of glaucoma followed by closed angle glaucoma (CAG) and these two account for greater than 50% of glaucoma cases. According to World Health Organization (WHO) estimates, Glaucoma is the second most common cause of blindness worldwide after cataract. 

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The market for glaucoma is increasing at an impressive rate primarily driven by the growing number of geriatrics. Older population has higher risk of developing glaucoma although other age groups may be affected. Other high risk groups include diabetics and those with a family history of glaucoma. The other market driving factors are increasing awareness, growing healthcare expenditure and screening etc.

The product development strategies have been very impressive with the surgery option. The last decade has seen impressive additions to the surgery options such as laser therapy, photodynamic therapy etc. The market constraints are excellent efficacy and efficiency of present drugs especially prostaglandin analogs and carbonic anhydrase inhibitors, which has set the bar for a new therapy extremely high and the loss of patent protection on the major drugs used to treat glaucoma.

Taking all factors into consideration, we expect the Asia Pacific glaucoma treatment market to reach around $ 888.94 million in 2023 from $576.0 million in 2017, by the end of the forecast period at a CAGR of ~ 7.5 %. While the glaucoma drug market will grow by a flat CAGR of 2.1% the glaucoma surgery market is poised for an explosive CAGR of 18.5 %.

Key Players for Asia-Pacific Glaucoma Treatment Market:

Some of the key players in this Asia-Pacific Glaucoma Treatment Market share are: Novartis AG, Pfizer Inc., Allergan, Merck & Co., Ocular Therapeutix Inc, pSivida Corp, Icon Bioscience Inc, Amorphex Therapeutics LLC., Ellex, Quantel, Lumenis, and Lightmed among others.

Segments:

Asia-Pacific Glaucoma Treatment Market has been segmented on the basis of disease indication which comprises Closed Angle Glaucoma (CAG), open angle glaucoma (OAG), secondary glaucoma, congenital glaucoma and other. On the basis of drug class; market is segmented into prostaglandin analogs (PGAS), alpha agonist, beta blockers, cholinergic drugs, carbonic anhydrase inhibitors, and others. On the basis of surgery; market is segmented into laser iridotomy, laser trabeculoplasty, aqueous shunt surgery and peripheral iridectomy. On the basis of end users; market is segmented into hospitals and home users.

Regional Analysis of Asia-Pacific Glaucoma Treatment Market:

The healthcare sector of Asia Pacific varies immensely by countries. However the Asia Pacific region has lower public sector expenditure and most treatments involve out of pocket expenditure. Further the eye care has been a neglected segment especially in the poor countries of Asia Pacific region. Japan and South Korea are the leading markets while China will be the fastest growing due to rising healthcare expenditure and faster economic growth. Also the presence of strong generics especially in nations like India will lead to volume growth of anti-glaucoma drugs. The surgery market however will see fastest growth in Japan as compared to developing parts of Asia Pacific.

The report for Asia-Pacific Glaucoma Treatment Market of Market Research Future comprises extensive primary research along with the detail 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 detail 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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Orthotic Devices Market: Drivers, Restraints, Opportunities, and Threats (2020-2027)

 Market Scenario:

Support, braces or splints which are to prevent, support, align or to correct the functioning of movable parts of the body like knee, shoulder, wrist, neck, etc. are known as orthotic. These devices are used to change the structural features of neuromuscular and skeletal system. These devices help to improve the functioning of injured body parts. The main function of these devices is to support the back, joints, limbs and muscles and help them to regain their functionality again so the one can carry out day to day activities smoothly.

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Orthotic devices are mainly use to overcome traumatic injuries and restore the body parts. These devices help to relieve inflammation of joints and speed up healing of damaged body parts. Individuals with muscular dystrophy, spinal bifida and scoliosis and joint injuries need orthotic devices for support and rehabilitation. These devices are sometimes used for implantation in patients requiring amputation of limbs.

The market of orthotic devices in Middle East and Africa is growing steadily because of the rising prevalence of lifestyle diseases like diabetes and obesity, ageing population and other foot injuries. The Middle East and Africa market of orthotic devices is expected to reach US$ 500 million in 2023 from US$ 350 million in 2016 with a CAGR of approximately 7.4%.

Study Objectives of Orthotic Devices Market:

  • To provide detailed analysis of the market structure along with forecast for the next 6 years of the various segments and sub-segments of the Orthotic Devices Market
  • To provide insights about factors affecting the market growth
  • To analyze the orthotic devices market based on various factors – price analysis, supply chain analysis, porters five force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to Middle East & Africa.
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide country level analysis of the market for segments by type, by end users and its sub-segments
  • To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Middle East and Africa Orthotic Devices market.

 

According to type, orthotic devices market is segmented as orthopedic braces and support (upper extremity including shoulder, neck, elbow, wrist and spinal and lower extremity including knee, ankle and hip) and orthotic splints (upper extremity splints and lower extremity splints).

Key Players for Orthotic Devices Market:

Some of the Key Players in this Orthotic Devices market share are: Alvimedica (Turkey), Saudi Pharmaceutical Industries & Medical Appliances Corporation (Saudi Arabia), Itamar Medical (Israel), Alshifa Medical Syringes Manufacturing Co. (Saudi Arabia) and Jamjoon Hospital Supply (Saudi Arabia).

Segments:

Middle East and Africa Orthotic Devices market has been segmented on the basis of types comprising of orthopedic braces and support and Orthotic splints; by anatomical area supported, by material used, by application and by end users. In Middle East and Africa, orthotics market is segmented into regions namely Middle East, Africa and rest of Middle East and Africa on the basis of end users which consists of sports, medical use and others.

Regional Analysis of Orthotic Devices Market:

In Middle East, Saudi Arabia and United Arab Emirates are the key regions for orthotic devices market. Saudi Arabia is the largest market for Orthotic devices. The Saudi Arabia market for orthotic devices is expected to grow at a CAGR of 7.0% and is expected to reach at US$ 100 million by the end of the forecasted period. This is due to increasing prevalence of diabetic patients, obesity and change in lifestyle. United Arab Emirates is the second-largest market for Orthotic Devices which is expected to grow at a CAGR of 5.8%. Africa shows slow growth in this market.

The report for Middle East and Africa Orthotic 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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Cardiac Surgery Instruments Market – Insights on Upcoming Trends 2027

 Market Scenario:

Cardiac Surgery Instruments Market share is expected to grow significantly over the forecast period. The Global Cardiac Surgery Instruments Market was valued at approximately USD 1,160 Million in 2017 and is projected to register a 7.5% CAGR over the forecast period.

Cardiac surgery instruments are special tools used during heart surgeries. These devices are used in operating heart-related problems such as blockages in arteries and veins, improper functioning of aortic valve, arrhythmia, and heart attacks.

The key factors driving the market growth are the increasing prevalence of cardiac diseases, growing geriatric population with either one of heart diseases, sedentary lifestyles, and a lack of exercise. Moreover, the stress and hectic lifestyle causing heart diseases also boost the cardiac surgery instruments market.

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However, factors such as stringent government regulation associated with medical devices and price capping for medical devices are expected to hamper the market growth. 

Segmentation

The global cardiac surgery instruments market has been segmented into product, application, and end users, and region.

Based on product, the global market has been segmented into forceps, clamps, scalpels, scissors, spreaders, needle holders, and others. On the basis of forceps, the market has been further sub-segmented into vascular forceps, grasping forceps, and other forceps.

Based on application, the global market has been divided into coronary artery bypass grafting, heart, valve surgery, pediatric surgery, heart transplant, and others.

The global market, by end user, has been segmented into hospitals & clinics, ambulatory surgical centers, and others.

The global cardiac surgery instruments market, by region, has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The cardiac surgery instruments market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada.  

The European cardiac surgery instruments market has been segmented into Western Europe and Eastern Europe. Western Europe has segmented into the UK, Germany, France, Spain, Italy, and the rest of Western Europe.

The Asia-Pacific cardiac surgery instruments market has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific.

The cardiac surgery instruments market in the Middle East & Africa has been segmented into the Middle East and Africa. The increasing development in healthcare infrastructure and the growing economy in countries such as Kuwait, Iran, Israel, and Iraq drive the market growth in this region.  

Key Players

B.Braun Melsungen AG (Germany), KIS Martin Group(Germany), Sklar Surgical Instruments (US), Teleflex Incorporated (US), Symmetry Surgical Inc (US), Medicon eG (Germany), STILLE (US), Delacroix-Chevalier (US) , Cardivon Surgical Inc. (China), Boss Instruments Ltd (US) , Wexler Surgical (US), and Scanlan International (US) are some of the key players operating in the global cardiac surgery instruments  market.

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New research report offers detailed research on developments in Orphan diseases Market 2027

 Market Scenario:

Global orphan diseases market also known as rare disease is growing rapidly. It affects a very small percentage of the global population. Most of the orphan diseases are genetic and is remains throughout the life of the patient. There are no exact number of diseases available but approximately there are about 7000 different rare diseases and disorders throughout the globe. Global orphan diseases market is expected to grow at the average CAGR of 24.9% constantly throughout this period 2015-2022. It is also expected that this market which was US$ 121.6 billion in 2015 will grow to US$ 576.9 billion by 2022.However due to lack of awareness, correct diagnosis, correct treatments and availability of healthcare facilities are inhibiting the growth of the global orphan diseases market.

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Segments:     

Global orphan diseases market has been segmented on the basis of types of diseases which includes autoimmune disorders, genetic disorders, blood disorders, cancer, growth disorder, cardiovascular diseases, neurological disorders, respiratory disorders, digestive disorders, eye disorders and others. On the basis of treatment type it segmented into gene therapy, cell therapy, drug therapy and others. On the basis of end user the market is segmented into hospital and clinics, research laboratory and others.

Regional Analysis of Global Orphan diseases Market:  

Considering the global scenario of this market, North American region is believed to be the largest market of the global orphan diseases market. Moreover the European market is also growing and is the second largest market for global orphan diseases. On the other hand, Asia-Pacific’s orphan disease market is expected to grow at a significant rate during the forecasted period. Rest of the World is likely to have a limited but steady growth with respect to this market.

Key Players for Global Orphan diseases Market:  

Some of the key players in this orphan diseases market share are: Bristol-Myers Squibb Company (US), Novartis AG (Switzerland), CELGENE CORPORATION (US), F. Hoffmann-La Roche Ltd (Switzerland), Pfizer Inc. (US), Alexion (US), Sanofi (French), Vertex Pharmaceuticals Incorporated (US), GlaxoSmithKline plc. (UK), Merck & Co., Inc (US), AbbVie Inc. (US)

The report of global orphan diseases 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 and 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 different markets segments and regions.

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Ischemic heart Disease Market Is Seeing Explosive Growth by Future Industry Winners: Forecast, 2020-2027

 Market Scenario:

Ischemic heart disease, also known as Coronary Artery Disease, is a condition that affects the supply of blood to the heart. The blood vessels are narrowed or blocked due to the deposition of cholesterol on their walls. The prevalence of coronary heart disease is promoted in turn by a high prevalence of cardiovascular risk factors, particularly smoking, hypertension, dyslipidemia, diabetes, and sedentary lifestyles. Countries in Middle East and Africa bear a heavy burden from Ischemic heart disease. According to, Dubai Health Authority, Heart disease is the cause for every 3 in 10 deaths in the UAE. Huge funding in R&D and various initiatives by government are driving the growth for Ischemic heart Disease market in Middle East and Africa. Middle-East and Africa Ischemic heart Disease market is growing steadily. The market is growing at the CAGR of 3.1% and expected to reach to US$ 2.84 billion by 2022.

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Segments:
Middle-East and Africa Ischemic heart Disease market has been segmented on the basis of type which comprise stable angina, unstable angina, myocardial infarction, and Others.  On the basis of diagnosis the market is segmented into (Electrocardiogram, Echocardiography, Stress Testing, Coronary angiography, Magnetic resonance imaging (MRI), Chest X Ray, and Others. On the basis of treatment type market is segmented into Medications, Surgery, Lifestyle changes, and others.
Key Players for Middle-East and Africa Ischemic Heart Disease Market:
Some of the key players in MEA Ischemic heart Disease market applications are: King Faisal Specialist Hospital and Research Centre (Saudi Arabia), Riyadh Military Hospital (Saudi Arabia), Hamad Medical Corporation (Qatar), American Hospital Dubai, Ganzouri Specialized Hospital (Egypt), AstraZeneca (U.K.), Sanofi (France), Merck Sharp & Dohme Corp.(U.S.), AUM Cardiovascular (US), HeartWare (U.S.).

Intended Audience:

  • Middle-East and Africa Ischemic heart disease Equipment manufacturers
  • Middle-East and Africa Ischemic heart disease Equipment Suppliers
  • Government and Independent Regulatory Authorities
  • Research and Development (R&D) Companies
  • Independent Research Laboratories
  • Market Research and Consulting Service Providers
  • Medical Research Laboratories

Regional Analysis of Middle-East and Africa Ischemic heart Disease Market:
Considering the Middle-East and Africa Ischemic heart Disease Market scenario, UAE region is believed to be the largest market for Middle-East and Africa Ischemic heart Disease. Moreover Saudi Arabia market is also growing and second largest market for Ischemic heart disease. On the other hand, Egypt market is expected to grow at the steady pace in the Middle-East and Africa Ischemic heart Disease during the forecasted period. Rest of the Middle East and Africa region is likely to have a limited but steady growth in the market.

The report for Middle-East and Africa Ischemic heart Disease 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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