Labyrinthitis Market to Witness Widespread Expansion During 2020-2027

 Labyrinthitis, also known as vestibular neuritis, is an inflammation of the inner ear or the nerves that connect the inner ear to the brain due to a variety of reasons such as infection by measles, mumps, trauma, autoimmune etc. Labyrinthitis shows various symptoms such as hearing loss, speech problems, double vision, abnormal gait, dizziness, nystagmus (rapid and undesired eye motion), vertigo, ringing in the ears, etc. Labyrinthitis is triggered by cold flu and occur as a single attack, or a series of attacks, which generally resolves on its own over three to six weeks.

The causes of labyrinthitis are upper respiratory infection such as common cold or flu, infection by herpes simplex type 1 virus, acute localized ischemia, pressure changes such as while flying or scuba diving, etc. Labyrinthitis affects approximately 35 cases per 1 million people per year across the globe and it is rising due to growing exposure to pathogenic agents. Labyrinthitis affects older population to a greater degree due to weak immunity and hearing problems.

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Rising older population, increasing awareness and screening, developing healthcare and ENT centres, developing new drugs, especially the advancements in antibiotics are driving the market growth. Development of selective antibiotics for ear and nose infections such as streptomycin has driven the market growth. On the other hand, side effects and high cost of treatment and misdiagnosis may hinder the growth of the labyrinthitis market over the review period.

The global labyrinthitis market growth is expected to reach USD 2.5 billion by 2023 at a CAGR of ~ 3.2% during the forecast period 2017-2023.

Segments

The global labyrinthitis market has been segmented on the basis of types, diagnosis, treatment, and end user.

Based on the types, the market has been segmented as autoimmune labyrinthitis, infective labyrinthitis, and other.

Based on the diagnosis, the market has been segmented as physical examination, blood test, magnetic resonance imaging and computed tomography, electroencephalogram (EEG) and electronystagmography (ENG) and others.

Based on the treatment, the market has been segmented as antihistaminics and antiemetics, antibiotics, corticosteroids, and others.

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

Regional Analysis

The Americas accounts for a significant market share owing to high expenditure on the health care. Additionally, the fastest uptake of new diagnostics and drugs in the US drives the labyrinthitis market. Furthermore, concentration of the major healthcare companies and large hospitals in the developed countries of this region coupled with large insurance penetration are adding fuel to the market growth. The US expend high amount on its healthcare in 2015, which accounted for 16% of total GDP which, in turn, likely to drive the labyrinthitis market.

Europe is the second largest market in the world due to high income and strong healthcare penetration. The European market growth is led by countries such as Germany and France. The UK is expected to be the fastest growing market over the assessment period. However the southern European nations have witnessed a greater incidence of infective labyrinthitis due to associated environmental conditional. Owing to strong pharmaceutical industry, Germany dominates the Europe market.

Asia Pacific region is expected to grow rapidly; China and India are likely to lead this market due to the 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. Furthermore, growing penetration of healthcare insurance in the Asia Pacific region is expected to drive the future labyrinthitis market in the region.

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 moderate growth owing to poor economic and political conditions, and poor healthcare development. However the poor countries and developing regions have the greatest unmet needs, which needs to be tapped.

Key Players in the Global Labyrinthitis Market

Some of the key players profiled in the report are Merck & Co., Inc., Sanofi S.A., Teva Pharmaceutical Industries Ltd., Mylan N.V., Eli Lilly and Company, Sun Pharmaceutical Industries Ltd., Shandong Taihua Bio &Tech Co., Cipla Inc., and others.

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Asia Pacific Beauty Devices Market Growth, Trends and Value Chain 2020-2027

 Beauty devices are products that aid in enhancing physical appearance. Starting from skin issues to hair problems, these beauty devices promise to provide the same service as one would get from any aesthetic treatment. Widespread awareness about beauty devices and services, increasing prevalence of skin and hair problems along with rapid technological advancement are the driving factors of the market. Rising geriatric population is associated with various age related problems such as age spots, wrinkles, acne and hair loss. Thus, these factors also fuelling growth of the beauty devices market. However, side effects associated with beauty devices and presence of alternative cheap products may hinder the growth to an extent. As per recent study, it is found that Asian skin is more vulnerable to acne outbreaks, compared to other skin types.  Specifically it’s found that East Asian people have the lowest skin barrier strength. By taking this aspect into consideration, it is estimated that Asia Pacific beauty devices market growth is expected to boost at a CAGR 8.2% during the forecast period of 2017-2023.

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Key Players in Asia-Pacific Beauty Devices Market
Some of the key player in the market are L’Oréal Group, Nu Skin Enterprises Inc, Panasonic Corporation, Syneron Medical Ltd, Home Skinovations Ltd, TRIA Beauty Inc, Procter & Gamble, and others.

Segmentation
The Asia Pacific beauty devices market is segmented on the basis of product type, application, and end users.

On the basis of product type, market is segmented into hair care, skin care, oral care, and others. Hair care product type is further segmented into hair removal devices, hair growth devices, hair styling devices, and others. Sub-segmentation of skin care includes light/LED and photorejuvenation therapy devices, cellulite reduction devices, acne removal devices, and others

On the basis of application type, this market is segmented into domestic purpose, commercial purpose, and others.

Sub-segmentation by end-user type includes professional and personalized users.

Regional Analysis
On the basis of region, the Asia Pacific beauty devices market is segmented into China, Japan, India, and rest of Asia Pacific. Asia Pacific is expected to register the fastest growing market, during the forecast period i.e. 2017-2023. In the Asia Pacific region, China is commanding the largest market share owing to tremendous economic development and increasing aging population. It is also reported that this region is dominating the hair styling equipment market, with special emphasis on China, and Japan. Although, freshly introduced beauty devices are getting acceptance however, it is also noticed that FDA, and CFDA impose strict acceptance criteria for such devices.

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Diabetes Pen Market Growth, Trends and Value Chain 2020-2027

 Insulin is a hormone produced by the pancreas.  A diabetes pen is used to inject insulin for the treatment of diabetes. It is composed of an insulin cartridge (integrated or bought separately) and a dial to measure the dose, and is used with disposable pen needles to deliver the dose. Diabetes is a major chronic disease across the globe. Changing lifestyle, high intake of carbohydrates and sugar, and obesity are major factors elevating the prevalence of the disease. Increasing prevalence of diabetes and obesity and growing demand for diabetes pen drive the market for diabetes pen.

The global diabetes pen market share is expected to grow at a CAGR of approximately 8.45% during the forecast period 2017-2023.

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Global Diabetes Pen Market Players
Key players in diabetes pen market: AstraZeneca (U.K), Teruma Medical Corporation (Japan), Greinier Bio One International GmBH (U.S.), F. Hoffman La Roche AG (Switzerland), Becton, Dickinson and Company (U.S.), Bayer Cropscience Ltd. (Germany), and HTL STREFA SA (Poland)

Regional Analysis

Globally, diabetes pen market consists of four regions: North America, Europe, Asia Pacific. and Middle East & Africa. North America is expected to be the largest market for diabetes pen. Reimbursement for diabetes management and technological advancement in production of diabetes pens to administer accurate and safe dose drive this market.  Extensive research and development to enhance the quality of diabetes pens as well as to increase their reliability is also another reason for the growth of this market in North America. Large number of diabetes pen users have been found in European countries, especially in the U.K. leading to an increase in their demand.  Asia Pacific is expected to be fastest growing market for diabetes pen with India being the largest market due to growing expenditure in the healthcare to curb lifestyle disease and improved healthcare infrastructure. The Middle East & Africa, major drivers for rise in this market are initiative to control the elevated levels of diabetes and awareness regarding lifestyle diseases.

Segmentation:

The global diabetes pen market is segmented on the basis of product, which includes insulin pens and insulin pen needle. On the basis of usage, the market is segmented into includes reusable pens and disposable pens used of diabetes pen. And on the basis of distribution channel, the market is segmented into hospital pharmacy, retail pharmacy, online sales, and diabetes clinics.

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Antihistamine Drugs Market to Witness Widespread Expansion During 2020-2027

 Antihistamines are drugs mainly used for treating allergies. They are also used to treat motion sickness, insomnia and anxiety. They work by acting against a chemical called histamine which leads to many allergic symptoms. Antihistamines may cause side effects such as dizziness, dry mouth, nervousness, irritability, blurry vision and decreased appetite.

The global antihistamine drugs market is expected to grow at a CAGR of 9.8% during the forecast period and is estimated to reach USD 280 million by 2023.

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Major players in antihistamine drugs market

Some of the key players in the global market are Johnson & Johnson Consumer Inc. (U.S.), Sanofi (France), Bayer AG (Germany), Pfizer (U.S.), CVS pharmacy (U.S.), Merck Sharp & Dohme Corp., a subsidiary of Merck & Co., Inc. (U.S.), and Prestige Brands Holdings, Inc. (U.S.)

Regional Analysis

The global antihistamine drugs market consists of four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa.

The Americas dominate the global antihistamine drugs market. It comprises of two regions namely North America and South America. North America in the largest market owing to development of new antihistamine drugs by major market players for the treatment of allergies.

In Europe, rising awareness about sedating and non-sedating antihistamine drugs and their side effects as well as precautionary awareness drives this market. Furthermore, increasing prevalence of allergy rhinitis is found in European nations which further propels the market growth.

Asia Pacific is the fastest growing and potential market for antihistamine drugs, whose growth is attributed to the rising awareness about allergic conditions and availability of medications for its treatment.

The Middle East & Africa is expected witness steady growth owing to the rising demand for drugs and healthcare resources in this region.

Segmentation

The global antihistamine drugs market is segmented on the basis of types which includes sedating and non-sedating antihistamines. Sedating antihistamines are further sub-segmented into brompheniramine, chlorpheniramine, diphenhydramine, doxylamine, carbinoxamine and others. Non-sedating antihistamines are further sub-segmented into fexofenadine, loratadine, loratadine odt, and others.

On the basis of route of administration, the market is segmented into oral route, parenteral route and rectal route. Parenteral route segmented is further sub-segmented into intramuscular, subcutaneous and intravenous route.

On the basis of indication, the market is segmented into allergy, urticaria, dermatitis, and others. And on the basis of end users, the market is segmented into hospitals, clinics, pharmaceutical companies and others.

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Soaring Demand Drives Global Big Data in Healthcare Market Growth During the Forecast Period, 2020-2027

 Market Research Future (MRFR) believes that the upcoming Big Data in Healthcare Market trends holds a lot of promise and can escalate at a stunning rate between 2018 and 2023 (analysis period).

COVID-19 Analysis

While various industries are dealing with huge losses following the COVID-19 outbreak and the subsequent lockdown, big data in healthcare market has remained strong and shown steady growth. A number of healthcare providers and facilities are increasingly adopting big data to review the SARS-CoV-2 pandemic situation as well as its economic impact.

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Many of the big data firms are collaborating with several government agencies, industries and research organizations to given them access to advanced AI tools. They are also forming alliance with data and public health professionals to combat the novel coronavirus. Additionally, renowned pharmaceutical vendors are performing clinical trials with respect to SARS-CoV-2, wherein big data has been an important component as it helps quickly transfer insightful clinical data.

Market Dynamics

Drivers

Staggering Growth in Unstructured Medical Data to Foster Demand

Advances in metabolomics, epigenomics, proteomics, genomics, pharmacogenomics and transcriptomics have been responsible for significant generation of unstructured medical data. The escalating role of data analytics and big data in healthcare to develop predictive models has opened exciting new frontiers, in terms of market growth.

Over the years, encouraged by data mining techniques along with the innovations in healthcare IT, the big data in healthcare market has managed to take massive strides across the globe. Also, the expanding use cases of big data in multiple biosciences applications, particularly in genomic sequencing and drug discovery have promoted market growth. Besides this, the rising availability of cost effective big data services and software has boosted their demand in the healthcare industry.

Opportunities

Surging Adoption of the Cloud Model Presents Lucrative Opportunities to Players

Cloud storage has emerged as a popular model in healthcare, as it helps lower the costs and is highly reliable. Nearly 90 percent of global healthcare vendors are making use of cloud-based big data analytics, including applications and storage, as these provide faster disaster recovery, and smoother expansion. In a nutshell, the rising popularity of cloud storage can emerge as a lucrative opportunity for the leading competitors in the global market.

Restraints

Huge Investments Required for Implementing Big Data to be a Huge Restraint

Substantial venture capital investments required for implementation of big data in healthcare could restrain the market’s growth rate in the following years.

Challenges

Data Privacy Issues& Security Concerns to Challenge Adoption Rate

Data privacy issues as well as security concerns arising with the rising use of big data in healthcare can be a huge challenge in the coming years. Even an extremely secure data center can face issues due to human error, giving way to unethical hackers trying to gain access to sensitive and high-value data.

Segment Overview

Firewalls Segment to Seize the Biggest Share

The top hardware-based segments are firewalls, routers, data storage, email servers, access points and VPNs. Rapidly growing sophistication level of cyber-attacks in healthcare has created a massive demand for advanced firewall hardware, which means that the firewalls segment can secure the leading spot in the global market.

EHR Software to Nab the Top Position

Software-wise, the market segments are EHR, practice management, workforce management and revenue cycle management. The heightened need to centralize and streamline electronic healthcare systems, technological innovations and rising awareness regarding the important as well as use of EHR can ensure the segmental growth in the coming years.

Predictive Analytical Service Type to Enjoy Robust Demand

The key analytical service types considered are predictive, prescriptive and descriptive. Predictive analytics in healthcare help achieve practical goals with its ability to predict future events, and it is widely used in areas like financial management, operations management, clinical and population health management applications. As a result, MRFR expects the predictive analytical service type to dominate the global industry during the evaluation timeline.

Clinical Data Analytics to Gain Highest Impetus

Top applications of big data in healthcare include financial analytics, operational analytics and clinical data analytics. The clinical data analytics market has covered substantial grounds in the past few years, owing to the rise in favorable regulations, surging pressure to cut down the costs associated with drug development, and growing need for new therapies. Clinical data analytics in healthcare helps cure and predict diseases, thereby boosting the quality of healthcare and facilitating preventable deaths, which can take place owing to negligence.

Regional Analysis

North America Big Data Analytics in Healthcare Market takes the Lead

North America has been one of the earliest regions to embrace digitization, especially the healthcare industry, which generates colossal volumes of raw unorganized data. The region has been leveraging the host of benefits of big data in healthcare, while rapidly adopting AI and IoT. The demand for big data analytics for population health management has elevated considerably over the years, plus the emerging eHealth trend also bolsters the market position. Another significant trend in the region has been the growing preference for a value-based care model over the pay-for-service model, which takes into consideration the patient’s treatment success rate instead of rewarding the healthcare workers for merely performing the procedure.

The European Market to be the Second Biggest Gainer

The European market is the second-highest gainer, thanks to the importance given to the role of data analytics and big data in healthcare and the high expenditure in this regard. Surge in extensive research and development activities backed by the strong government support combined with the accelerated use of smart connected devices are responsible for market growth in the region. Rising prevalence of digitization is prompting healthcare vendors to adopt big data solutions, with the key focus on reducing clinical errors. A fast emerging segment in the market has been sentiment analysis using big data in healthcare industry, given the soaring number of pharmaceutical firms in Europe with massive volumes of unstructured data, from which they aim to achieve useful insights.

Asia Pacific – Adoption of Big Data and Analytics in Mobile Healthcare Market: An Economic Perspective

Asia Pacific is the fastest emerging market, accounting for 41% of the total share. Big data analytics has been a major hit in the mobile healthcare market, leading to considerable profits owing to the escalating internet and smart phone use. Furthermore, the region has witnessed a striking growth in the adoption of wearable devices and mobile health applications, which has created a huge demand for big data in the healthcare industry.

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Tularemia Market to Witness Widespread Expansion During 2020-2027

 Market scenario

Tularemia or rabbit fever or deer fly fever is a rare infectious disease caused by the bacterium Francisella tularensis, which affects skin, eyes, lymph nodes and lungs. Tularemia is transmitted from animals such as rodents, rabbits, and hares to human. It can also affect sheep, birds, dogs, cats, etc. The routes of acquiring infection are direct exposure to the bacteria, airborne infections, insect bites, and bite of an infected animal. Tularemia is highly contagious and had been used as a biological weapon by many countries such as United States of America and Soviet Union. Ulceroglandular tularemia is the most common form of Tularemia. Tularemia symptoms include swollen and painful lymph glands, fever, chills, headache, fatigue, eye swelling, pain and light sensitivity, diarrhea, pneumonia etc. If it left untreated, it will cause serious complications such as enlarged spleen, enlarged liver,    infection around the brain and spinal cord, irritation around the heart (pericarditis), bone infection etc. and may lead to the death.

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Factors favouring the spread of Tularemia infection are tick bites, exposure to sick or dead animals, especially, wild game. Travel to certain regions such as Arkansas, Missouri and Oklahoma can also cause Tularemia infection because of the concentration of ticks in those areas. Tick bite is the leading cause for an occurrence of large number of cases.Laboratory workers working with tularemia are at risk of airborne infection due to greater chances of exposure to the pathogen. Tularemia infection can also be airborne during gardening, construction or other activities, which may lead to pneumonic tularemia. Tularemia is also contracted by eating undercooked meat of an infected animal or drinking contaminated water. According to Centers for Disease Control and Prevention, overall mortality of Tularemia is less than 2% but ranges up to 24% depending on the strain.

The global Tularemia treatment market is expected to reach US$ 200 million by 2023, and the market is projected to grow at a CAGR of ~ 3.2 % during the forecast period 2017-2023.

Segments

The global Tularemia market has been segmented on the basis of types, diagnosis, drugs, and end users.

Based on types, the market has been segmented as the ulceroglandular tularemia, glandular tularemia, oculoglandular tularemia, oropharyngeal tularemia, pneumonic tularemia, and others.

Based on the diagnosis, the market has been segmented as microscopy, immunochemistry, and others.

Based on the drugs, the market has been segmented as streptomycin, gentamicin, doxycycline, ciprofloxacin and others.

Based on the end users, the market has been segmented as hospitals and clinics, academic and research centers, and others.

Regional analysis

The Americas accounts for the significant market share owing to extensive use of medications and high expenditure on the health care. Additionally, the fastest uptake of new technology and drugs in the US drives the global Tularemia market. However the presence and concentration of Tularemia in the US regions, for instance, Arkansas, Missouri, Dakota, Oklahoma, etc. are the leading cause for the dominance of US in the global Tularemia market. Europe is the second largest market in the globe due to a high disposable income and rising awareness about the disease.

Asia Pacific region is expected to grow rapidly and China and India are likely to lead the market due to unmet needs during the forecast period.

Gulf nations such as Saudi Arabia and the UAE drive the Middle East & African market. The African region is expected to witness a moderate growth owing to poor economic and political conditions and poor healthcare development. However Africa is also a region of high endemic and untreated cases of Tularemia.

Key Players in the Global Tularemia Market

Some of key players profiled in the report are Nicholas Piramal, Alkem, Glaxo Smithkline, Bayer AG, Ranbaxy Laboratories, Cipla Inc., Zydus Cadila, Dr. Reddy's Lab, Glenmark Pharmaceuticals, Lupin Limited, pfizer Inc. and others.

The report for Global Tularemia market by 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 a deeper insight of the market and industry performance. The report gives a clear picture of the 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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Whipple’s disease Market Growth, Trends and Value Chain 2020-2027

 Whipple’s disease (WD) is a rare, chronic, systemic infectious bacterial disease caused by Tropheryma whipplei that affects gastrointestinal system, especially,  the small intestine. The infection may spread to any part of the body but mostly it affects the central nervous system, joints, lungs, heart, and eyes. Some common symptoms of this disease are weight loss, diarrhea, abdominal cramping and pain, weakness, fatigue, anemia, inflamed joints, and some other less common symptoms. The prevalence is one in one million people. The prevalence of this diseases is more in men than women.

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Ongoing research and clinical trial to find effective cure drive the growth of market. Advancement in medical technology and increasing awareness about this disease boost the market growth.

The global Whipple’s disease market is expected to grow at the CAGR of ~3.1% during the forecast period and is estimated to reach USD 255.3 million by 2023.

Key Players in the Global Whipple’s Disease Market                                  

Some of the key players in this market: AbbVie Inc. (US), Allergan (Republic of Ireland), Bayer AG (Germany), Bristol-Myers Squibb Company (US), F. Hoffmann-La Roche Ltd. (Switzerland), Henry Schein, Inc (US), Pfizer Inc. (US)

Segments     

The global Whipple’s disease market is segmented on the basis of diagnosis, which includes physical exam, biopsy, blood tests, polymerase chain reaction, endoscopy, and others. Biopsy plays important role in diagnosis of this disorder, these tests include needle biopsy, CT-guided biopsy, ultrasound-guided biopsy, aspiration biopsy (fine-needle aspiration), skin biopsy, surgical biopsy, and others. Blood tests sub-segmented into Complete blood count (CBC), Red Blood Cell Count (RBC), serum albumin test, total protein test, and others.

On the basis of treatments, the market is segmented into medications, supplements, and others. Medications is sub-segmented into Intravenous (IV) ceftriaxone (Rocephin), Intravenous (IV) penicillin, sulfamethoxazole-trimethoprim, SMX-TMP, oxycycline (Vibramycin), hydroxychloroquine (Plaquenil), and others. Supplements include vitamin supplements, mineral supplements, and others.

On the basis of end user, it is segmented into hospitals & clinics, academic institutes, medical research centers, and others.

Regional Analysis of the Global Whipple’s Disease Market   

The Americas holds the largest share in the global Whipple’s disease market. North American region, especially, the US dominates the market in this region. It is a rare disease and found in around less than one in million people in US. Some other factors such as advanced medical facilities, ongoing research and clinical trials, and availability of skilled health professionals. Increasing awareness about this disease in Latin America drives market growth in this region.

The new cases of this disease is increasing in Europe. Availability of advanced diagnostic and therapeutic options, high awareness among the European population, and availability of skilled medical professional drive the European market. Availability of cost-effective of treatment in East European countries, for instance,  Poland than the other parts of the region add fuel to the growing demand. Owing to availability of cost-effective treatment, patients from Western European countries and Russia travel to East and Central European countries to treat this disease.

Asia Pacific region shows low prevalence of the disease. Increasing awareness about this disease in the Asian population leads the market growth. The rapidly developing healthcare sector is another major driver of the market. Due to rapid economic growth, rising middle class population, and their spending on healthcare and related services add fuel to the growth of this market.

Owing to lack of awareness about the disease, slow healthcare infrastructure development, and limited access to required medical facilities, the Middle East & Africa market is growing slower as compared to the global average. On the other hand, due to developed healthcare facilities and government support to improve public health, the Middle East countries such as the UAE dominates market of this region.

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