Tuesday, 13 July 2021

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

 Aromatherapy uses aromatic oils, and other aroma compounds for improving psychological or physical well-being.

The market for aroma therapy is rising due to factors such as large number of people opting for aromatherapy, growing lifestyle industry, non-invasive nature of aromatherapy etc. The modern lifestyle has ushered problems such as sleep disturbances, stress etc. which has inflated the market. Also many essential oils can increase immunity, combat cold and breathing disorders.

The market restraints include increasing stringency of regulations such as indications which a market player has to provide. For example, market players need to mention whether the particular essential oil falls under therapeutic grade or cosmetic grade.

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Lack of proper guidelines and toxic nature of essential oils is another barrier. For example, Cineole essential oil is poisonous above the recommended dose and an overdose may cause symptoms such as epigastric burning, nausea, vomiting, dizziness, muscular weakness, rapid heartbeat, feeling of suffocation etc. Also there is no good medical evidence that aromatherapy prevents or cures disease.

Considering all these factors aromatherapy market is expected to reach USD 4.3 billion by the end of 2023, this market is projected to growing at a CAGR of ~ 6.18 % 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 aromatherapy market.
  • To provide insights about factors affecting the market growth.
  • To analyze the global aromatherapy 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 product, by equipment, by application and by therapeutic 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 aromatherapy market.

Key players of Global Aromatherapy Market:

Key players profiled in the report are Nu Skin, Air Aroma, Muji, Tree of Life, Young Living, Zija International, dōTERRA, NOW Foods, Neal’s Yard Remedies and others.

Segments:

The global aromatherapy market is segmented on the basis of product. Based on the product, the market has been segmented as essential oils, equipment, application and by therapeutic application. The essential oils segment is sub segmented into floral, citrus, green/vegetative, herbaceous/camphoraceous, spicy and others. The equipment segment is sub segmented into nebulizer diffuser, ultrasonic diffuser and heat diffuser. The application segment is sub segmented into tropical, inhalation and aerial diffusion. The therapeutic application segment is sub segmented into relaxation and sleep, pain management, skin and hair care, and other remedies.

US accounts for the maximum market share due to high per capita disposable income and greater expenditure on healthcare. Europe is the second largest market due to large disposable income and presence of large hospitals. The European market will be led by France followed by Germany. 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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Medical Foods Market: Drivers, Restraints, Opportunities, and Threats (2020-2027)

 Market Definition:

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

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

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

  Key Findings

  • Manufacturers are bringing more products to market that address metabolic processes
  • Till date, majority of medical foods are administered through the oral feeding

Segments:
Medical foods market is segmented on the basis of nutritional ingredients such as vitamins and minerals, proteins, omega-3, isoflavones, phytosterols, and others. Among all, proteins segment is dominating the market. However, omega-3 is witnessed to be the fastest growing segment in nutritional ingredients used for medical foods.

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

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

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

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

Key Players
Some of the key players profiled in the global medical foods market are Danone (France), Nestlé (Switzerland), Abbott (U.S.), Mead Johnson & Company, LLC (U.S.), Primus Pharmaceuticals Inc. (U.S.), Targeted Medical Pharma Inc. (U.S.), Fresenius Kabi AG (Germany)

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Paroxysmal Atrial Tachycardia Market Trends Analysis Research Report 2020-2027

 Paroxysmal atrial tachycardia is a type of atrial arrhythmia and is also known as paroxysmal supraventricular tachycardia (PSVT). PAT increases heart rate from 60 to 100 beats per minute (bpm) to between 130 and 230 bpm with infants demonstrating substantial heart rate greater than 220 bpm. Symptoms of PAT may include palpitations, lightheaded, sweating, shortness of breath, chest pain and others. PAT is not a life-threatening situation but in rare cases, PAT may cause unconsciousness, congestive heart failure, cardiomyopathy and cardiac arrest. Having other heart issues such heart attacks or valve disease increase risk for PAT.

The risk factors include alcohol, caffeine, nicotine, psychological stress, and Wolff-Parkinson-White syndrome. PAT occurs when electrical signals starting in the heart’s atria fire irregularly which affects the electrical signals transmitted from the sino-atrial node. This irregular beating prevents your heart from having enough time to fill with blood before pumping blood resulting in the body not receiving enough oxygenated blood. Women are at a higher risk for PAT than men. PAT has an incidence rate of approximately 2 per 1000 people.

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The market drivers for global paroxysmal atrial tachycardia market are rise in demand due to the growing geriatric population, increasing screening, greater emphasis on restorative procedures, rising safety and success of paroxysmal atrial tachycardia treatment, and others. The market restraints are the complications such as risk of bleeding, infections, pain, especially during surgery, high cost of paroxysmal atrial tachycardia treatment, poor healthcare penetration especially the cardiac segment and others.

There is no preventive treatment for paroxysmal atrial tachycardia which is the single most unmet need in the market. Product development represents the best strategy for the market growth. The market is expected to witness exponential growth over the review period owing to technological advancement in surgical procedures. Market development is another strategy for as there is a large unmet need in the developing regions such as India and China. Cost of the product will be a decisive factor in the developing regions such as Asia Pacific and especially Africa.

Global Market Players

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

Regional Analysis

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

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

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

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

Segmentation

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

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

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

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

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

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Cancer Biological Therapy Market: Drivers, Restraints, Opportunities, and Threats (2020-2027)

 Market Research Future (MRFR) evaluates that the Cancer Biological Therapy Market can touch an impressive USD 82,276.8 Million by 2023-end. MRFR also projects that the global cancer therapeutics market can attain a growth rate of 4.7 % from 2017 to 2023 (forecast period).

COVID-19 Analysis

The COVID-19 outbreak has temporarily paused cancer treatment across the world; however, the most affected are lung cancer patients as they are at a higher risk of the novel coronavirus. The lockdown has weakened the supply chains of several immunotherapy drugs with top vendors dealing with major manufacturing challenges. Shortage of essential raw materials following the COVID-19 pandemic could mean slower growth of the cancer biological therapy industry.

Clinical trials associated with cancer immunotherapy have been interrupted by SARS-CoV-2, delaying the development of advanced cancer immunotherapy drugs and devices. The lockdown has also delayed the therapy series of a huge number of cancer patients under immunotherapy, as a result of which the cancer biological therapy market has taken a severe hit, in terms of growth.

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Segmentation:

The global Cancer Biological Therapy market is segmented on the basis of phases. Based on the phases, the market has been segmented as phase I, phases II and phases III. Based on the type, the market has been segmented as monoclonal antibodies, interferons, interleukins, cancer growth inhibitors, gene therapy and colony-stimulating factors. Based on the end-users, the market has been segmented as hospitals & clinics, cancer research centers and laboratories.

Regional Analysis:

Global cancer biological therapy market, on the basis of regions is divided into North America, Europe, Asia Pacific and Middle East and Africa. North America is expected to commands the largest market share due to advanced technologies are continuously on rise in these countries. Europe accounts for the second largest market, where as Asia Pacific with lots of opportunity and continuously growing economies, is expected to be the fastest growing segment. Majorly due to recent developments in healthcare and improving economies. Middle East and Africa with less economic developments and extremely low income accounts for least market share in 2016 but is expected to grow with better cancer treatment in the countries.

Competitive Landscape

Players Spend Considerably on R&D Activities as Cancer Cases Escalate

Cancer has been the top reason for deaths worldwide, and in view of the escalating cases of different types of cancer, firms have been focused on spending considerably on R&D activities to produce technically innovative devices with multiple applications. Moreover, industry vendors also implement several competitive initiatives like acquisition, mergers and partnerships to strengthen their positions, which also results in biologic therapy market growth.

Amgen has been a well-known name in the cancer biological therapy industry, known for its commitment to the relentless focus on achieving breakthroughs for different cancer cases. The company boasts of a diverse and extensive range of advanced therapeutic approaches that facilitate successful outcomes.

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Eyelashes Enhancing Agents Market – Insights on Upcoming Trends 2027

 Market Research Future (MRFR) has published a research report about the global eyelashes enhancing agents market that estimates a decent advancement in this market at a 5.83% CAGR (Compound Annual Growth Rate) between 2017 and 2023. In terms of value, the market is expected to be worth the US $ 513.44 mn by the end of the forecast period.

Eyelash enhancing serum is a unique formula aimed at improving the overall appearance of eyelashes. The major factors contributing to the moderate growth of the global eyelashes enhancing agents market include the increasing prevalence of eye inflammations, growing demand for natural eyelash enhancer agents, and loss of eyelashes due to continuous uptake of come higher medical dosages. However, the side-effects of eyelashes enhancer agents may hurt the growth of the market.

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The global eyelashes enhancing agents market has been segmented on the basis of application, content, type, and lastly, region. The application-based segmentation of this market segments the market into repairing damaged eyelashes, nourishing eyelashes, and others. Based on content, the market has been segmented into bimatoprost, enhancer serum, herbal remedy, isopropyl cloprostenate, lash-building serum, skin care ingredients, and others.  The skin care ingredients have been sub-segmented into biotin, panthenol, polypeptides, and others. By type, the market has been segmented into curling, lengthening, volumizing, and others. Curling has been estimated to emerge as the fastest growing segment during the forecast period.

The regional segmentation of the global eyelashes enhancing agents market segments the market into the Americas (North America & South America), Europe, Asia Pacific, and the Middle East & Africa (MEA). The Americas segment holds the biggest share in the global market due to the huge development in the region’s cosmetic industry, presence of strong economic conditions, presence of many key market players, and focus by research institutions on research and development (R&D) in order to update the technology for new and advanced eyelashes enhancing agents. Due to advanced technology and the presence of many strong economies, North America is a bigger market than South America. The major country-specific markets in this region are the USA and Canada.

Europe is the second largest market due to the high density of population, changing lifestyle, growing cosmetics industry, increasing demand for eyelashes enhancing agents, and well-developed technology. Due to similar reasons as the Americas, Western Europe is a bigger market than Eastern Europe. In this region, the major country-specific markets are France, Germany, Italy, and the UK, followed by the remaining countries of Western as well as Eastern Europe.

The Asia Pacific region is the fastest growing regional market, and during the forecast period, it is expected to grow at a 6.26% CAGR. The main factor driving the market growth in this region is the presence of a number of developing nations like China and India in this region. In these countries, the growth of the cosmetics industry is aiding the market growth. Other factors contributing to market growth are the increasing prevalence of eye inflammations and the demand for various eyelashes enhancing agents. Other pivotal country-specific markets in this region are Japan and South Korea, followed by the remaining countries of Asia Pacific.

The MEA region holds the lowest market share due to less availability of medical facilities and lack of healthcare facilities. However, countries such as Kuwait and Qatar are focusing more on the healthcare and cosmetic industries. They are also developing medical facilities, which might create a stable market in this region during the forecast period.

Key Players:

The key players in the global eyelashes enhancing agents market include Allergan PLC (Republic of Ireland), Athena Cosmetics Inc. (USA), Beauty Essentials LLC (USA), Estee Lauder (USA), Grande Cosmetics LLC (USA), Rodan & Fields LLC (USA), and Skin Research Laboratories (USA).

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

 Market Synopsis:

Perfusion is a process of delivering oxygenated blood to all tissues. This technique is used in cardiac surgery where perfusion experts employ artificial blood pumps to thrust patients' blood through their body tissue by replacing the function of the heart while the cardiac surgeon operates. Perfusion can be used as chemotherapy technique for the treatment of melanoma occurring in arm or legs. With the help of this technique, flow of blood to and from the limb is stopped for a while by creating a band, and anticancer drugs are put directly in blood of the limb. This helps patients to receive a high dose of drugs in the area where the melanoma had occurred.    

Poor perfusion causes numerous severe health problems such as deep vein thrombosis and coronary artery disease. It has been observed that during major surgeries such as cardiothoracic surgeries and organ transplant, maintenance of perfusion is vital and to maintain this many preservation methods are being used. The two most important methods are machine perfusion (MP) and static cold storage (SCS). Although SCS is a highly adopted process for preservation, it is inefficient to maintain normal functioning of organs at high-risk. Hypothermic machine perfusion (HMP) has emerged as an effective solution to curb such problems. Every year more than one hundred thousand perfusion procedures are being performed around the globe.

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Major players in Perfusion market:

There are plenty of large and small market players which operate in this market. Some of them are  Getinge AB (Sweden), Medtronic (Ireland), LivaNova PLC (U.K.), Terumo Medical Corporation (Japan), XENIOS AG (Germany), Lifeline Scientific, Inc. (U.S.), XVIVO Perfusion (Sweden), Repligen Corporation (U.S.), Spectrum Laboratories, Inc. (U.S.), Merck KGaA (Germany), Harvard Bioscience, Inc. (U.S.), Ala Science (U.S.) and others.

Regional Analysis:

Considering the global scenario of the perfusion market, there are four main regions namely America, Europe, Asia Pacific, and Middle East & Africa.

The Americas mainly includes North America and Latin America. North America is holding the largest market share. Increasing demand of organ transplant, cardiothoracic surgeries and advanced healthcare facilities are driving the growth of the North America perfusion market. European region is the second important market, especially West European countries which are dominating this region. Eastern European countries are also showing significant growth in this market. This is due to the increasing expenditure on healthcare and related services along with government’s initiative for organ donations, this has led to a rapid growth in this market in the Asia Pacific region. Talking about the perfusion market scenario in Middle East & Africa, these regions are expected to have limited growth in the global market of perfusion. Middle East accounts for the largest market share while Africa region is growing steadily.

Segmentation:

Global perfusion market has been segmented on the basis of type which comprise of cardiopulmonary bypass, extracorporeal membrane oxygenation, isolated limb perfusion and others. Cardiopulmonary bypass is further sub-segmented into heart-lung machines, oxygenators, perfusion pumps, monitoring systems, cannulas, and other components.

On the basis of application, it is segmented into lungs, heart, liver, kidneys and others.

On the basis of device type, the market has been segmented into hypothermic machine perfusion, normothermic machine perfusion and others.

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

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Monday, 12 July 2021

Intravenous Immunoglobulin (IVIg) Market – Insights on Emerging Scope 2027

 Global Intravenous Immunoglobulin (IVIg) Market is growing moderately. IVIg is concerned with the treatment of patients who have weak immune system. Human body produces enough antibodies to fight infection-causing germs, but if patients is suffering from immune deficiency then body can’t produce enough of them. The increasing demand for alternate immunoglobulin replacement therapies, new innovations, increasing R&D funding, developing healthcare infrastructure and increasing healthcare expenditure are major driving forces of the market. The Global Intravenous Immunoglobulin (IVIg) market is growing at a CAGR of 6.30% during the forecast period and expected to reach USD 10,485.86 Million by 2023.

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Study objectives of Global Intravenous Immunoglobulin (IVIg) Market:

  • To provide detailed analysis of the Global Intravenous Immunoglobulin (IVIg) market structure along with forecast for the next 7 years of the various segments and sub-segments of the IVIG Market
  • To provide insights about the key drivers and restraints that affecting the growth of the IVIg market
  • To provide detail analysis of global IVIg market mainly based on Value chain analysis, PROTER’s five forces, Price analysis, and Supply Chain analysis etc.
  • To provide revenue of the market that includes historical as well as forecast revenue, on the basis of segments and sub segments with respect to four main geographies and their countries- Americas, Europe, Asia-Pacific, and Middle East & Africa.
  • To provide detail analysis of the market that segmented on the basis of type, application, and its sub-segments.
  • To provide detail country level analysis of the market with respect to the current market size and future prospective
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global IVIg Market
  • 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

Intended Audience

  • Intravenous Immunoglobulin (IVIg) medicines manufacturers and suppliers
  • Government and Independent Regulatory Authorities
  • Medical Research laboratories
  • Research and Development (R&D) Companies
  • Market Research and Consulting Service Providers
  • Potential Investors

Segments:      

Global Intravenous Immunoglobulin (IVIg) Market has been segmented on the basis of type which comprise IgA (sub segments- IgA1 and IgA2), IgD, IgE, IgG,. On the basis of application it segmented into CIDP (Progressive, Recurrent, Monophasic), Hypogammaglobulinemia (sub segments- AGM1, AGM2, AGM3, AGM4, AGM5, AGM6), Multifocal Motor Neuropathy, Immunodeficiency diseases (sub segments- X-linked agammaglobulinemia (XLA), common variable immunodeficiency (CVID), severe combined immunodeficiency), Primary Humoral Immunodeficiency (Subsegments- B cell (antibody) deficiencies, T cell deficiencies, Combination B and T cell deficiencies, Defective phagocytes, Complement deficiencies, Unknown (idiopathic)), Myasthenia Gravis (Sub segments- generalized myasthenia gravis, ocular myasthenia gravis, Congenital myasthenia gravis, Transient neonatal myasthenia gravis), Guillain-Barre syndrome (Sub segments- Acute inflammatory demyelinating polyradiculoneuropathy (AIDP), Miller Fisher syndrome (MFS), Acute motor axonal neuropathy (AMAN)and acute motor-sensory axonal neuropathy (AMSAN)), Kawasaki disease, ITP (Sub segments- acute and chronic), and others.

Regional Analysis of Global Intravenous Immunoglobulin (IVIg) Market:                   

Considering the global scenario of the market, North America is believed to be the largest market for Global IVIg. Moreover the European market, especially Western Europe is growing and second largest market for Global IVIg. On the other hand, Asia-Pacific is expected to grow at significant rate in the Global IVIg market during the forecasted period. Middle East and Africa is likely to have a limited but steady growth in the market, particularly market in North Africa is growing as compared to South and East region of Africa due to less awareness of these therapies and treatment.  

Key Players for Global Intravenous Immunoglobulin (IVIg) Market:         

Some of the key players in this market are: ABEONA THERAPEUTICS (US), Baxter (US), BDI Pharma (US), Biotest AG.(Germany),, China Biologic Products, Inc. (China), CSL Behring (US), Grifols Inc. (Spain), Kedrion S.p.A (us), Octapharma (Switzerland), Shire (Republic of Ireland), AND others. The report for Global Intravenous Immunoglobulin (IVIg) 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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