Medical Tricorder Market – Insights on Upcoming Trends 2027

 Medical Device Industry is flourishing across the globe owing to an increasing demand for technologically advanced devices, extensive use of smart medical devices, and overall improvement in healthcare sector. Various smart devices are used to determine the heart rate, glucose levels in the body, and other parameters.

Medical device used by the consumer to self-diagnose medical condition is known as a medical tricorder. It takes basic vital measurement like heart rate and body temperature within seconds. Major functions of a medical tricorder are to monitor health of a person, summarize patient’s health, diagnose disease and take health measurements. Furthermore, rapid development in technology, increasing government support for research & development, changing lifestyle, and many adverse effects of the present diagnostic methods expected to fuel the market growth during the forecast period.

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However, these types of devices has to pass all the regulatory standards and rules, which increases the approval time. The average approval time for the medical diagnostic device may vary from 5-8 years. This long approval time, high cost of the research & development and devices may hamper the market growth during the corresponding period.

The demand of medical tricorder is increasing because of an increase in the demand medical tricorder among health care providers, helping them to diagnose patient’s health condition, increasing outpatient services in the hospitals, increase in patient pool suffering from diabetes, and cardiovascular diseases, and demand for new technology for diagnoses and monitoring.

According to findings from the WHO, in 2014, approximately 422 million people suffered from diabetes across the globe.

Global market of medical tricorder is expected to reach USD 5.4 billion in 2023 from USD 2.5 billion in 2016 with a CAGR of approximately 6.7% during the forecast period 2017-2023.

• Healthcare IT companies
• Medical device companies
• Contract Research Organizations (CROs)
• Research and Development (R&D) Companies
• Academic Medical Institutes and Universities

Segmentation

 The Global Medical Tricorder Market is segmented on the basis of type which includes USB camera, fiber optic camera, wireless, corded and other types.

On the basis of application which includes diagnosis, monitoring and other applications.

On the basis of end users the market is segmented into are hospitals, clinics and others.

Key Players

Scanadu (US), QuantuMDx Group Ltd. (UK), Ibis Biosciences (U.S.) and Others.

Regional Analysis

Globally, The Medical Tricorder Market consists of four regions Americas, Europe, Asia-Pacific and Middle East and Africa.  North America is the largest market whose growth is attributed to an increase in patient pool, and demand for improved technology for diagnosis of ongoing health of a patient drive this market in America. According to the American Diabetes Association, in 2015, approximately 30.3 million Americans which is 9.4% of the American population were suffering from diabetes  

Europe is the second largest market driven by extensive research in innovative product development, and adoption of new technologies in healthcare institutes such as hospitals & clinics, research institutes, clinical laboratories, diagnostics center and home care settings.

Asia Pacific shows steady growth in this market by driven rising prevalence of chronic diseases such as obesity, diabetes, cardiovascular diseases, growing geriatric population, and development in healthcare sector. China and India are expected to be the emerging market in Asia Pacific, owing to the increasing number of patients diagnosed with chronic diseases, and high growth potentials supported by favorable macro-economic conditions.

The market shows steady but positive growth in Middle East & Africa owing to demand for primary care services for the diagnosis and treatment of chronic diseases, and rising awareness about preventive measures for various diseases, and increasing emphasis on women and child care.

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Endoscopy Device Market Insights Analysis 2020-2027

Market Overview

According to MRFR, the Global Endoscopy Device Market is poised to mature at a CAGR of 6.30% during the forecast period 2019-2027. The rising success of minimally invasive non-robotic surgery or endoscopic surgery has driven the demand for global endoscopic instruments to a new degree.

COVID-19 Analysis

The pandemic of COVID-19 has had a significant global influence on endoscopic facilities. In addition, the infection is transmitted through touch and droplets. Therefore, endoscopy healthcare providers face considerable risk during the pandemic since the spread is mostly by direct contact or aerosol droplets, and endoscopy operations involve a short physical gap between patients and workers.

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The growing incidence of chronic diseases in the endoscopy device market will support the growth. As per endoscopy device market analysts, the endoscopy device market based companies will face certain challenges during the 2019 to 2027. The endoscopy device market research report provides in-depth analysis of the accessory & processors, application, end user, therapy, treatments & procedures, and types segments. The endoscopy device market research report presents factors such as increased costs associated with new product creation that could slow down the endoscopy device market's growth.

Market Segmentation 

The endoscopy device market has been segmented into accessory & processors, application, end user, therapy, treatments & procedures, and types . Based on the segment which is types, the market is categorized on the basis of capsule endoscopes, flexible endoscopes, rigid endoscopes, robot-assisted endoscopes, and surgical endoscopes. The global market for endoscopy device is further segmented based on therapy into arthroscopy, colonoscopy, cystoscopy, endoscopic retrograde cholangiopancreatography, gastroscopy, laparoscopy, sigmoidoscopy, and ureteroscopy. Furthermore, the market, on the basis of treatments & procedures is segmented into lower gastrointestinal conditions, abdominal, gynecologic and pelvic organ conditions, joint and orthopedic conditions, lung and airway conditions, upper gastrointestinal conditions, and urinary system conditions. Based on applications the market is segmented into arthroscopy, bronchoscopy, gastrointestinal endoscopy, mediastinoscopy, obstetrics/gynecology endoscopy, otoscopy, and urology endoscopy. The endoscopy device market based on accessory & processors is segmented into accessory and processors. Additionally, the market on the basis of technology is segmented into video and fiber.

The endoscopy device market report offers comprehensive study of the endoscopy device market segments including accessory & processors, application, end user, therapy, treatments & procedures, and types. The analysts have also studied the endoscopy device market's spread across the regional markets across many of the endoscopy device market’s segments at country levels. The accessory & processors, application, end user, therapy, treatments & procedures, and types segments spread across the endoscopy device market along with the subsegments are studied. The global market for endoscopy device is spread across various product and service based segments. The endoscopy device market research report highlights these key segments and offers forecasts based on primary and secondary data. The global endoscopy device market research report presents key company profiles of organizations active across the endoscopy device market.

Regional Overview

Service offerings to consumers may hinder the endoscopy device market growth. The endoscopy device market research report suggests that companies in the endoscopy device market could be supported by expanded support and coverage for endoscopic screening and care as well as the rising geriatric population around the world during the forecast period. The endoscopy device market is set to register growth at a high CAGR owing to these key factors. The endoscopy device market is spread across North America, Europe, Asia-Pacific, and other parts of the world. As per endoscopy device market analysts, the endoscopy device market is set to witness tremendous growth across accessory & processors, application, end user, therapy, treatments & procedures, and types segments. The global endoscopy device market’s North American region covers endoscopy device markets across the United States, Mexico, Canada, and others. Businesses present in the endoscopy device market are also profiled and their strategies have been presented in detail in the endoscopy device market research report.
The endoscopy device market across the European region covers Italy, France, Germany, and the United Kingdom. Furthermore, the endoscopy device market research report provides details about the APAC region covering endoscopy device markets from China, India, Australia, Japan, and others. The endoscopy device market is also active across several other parts of the world. The endoscopy device market report covers all these key regions including the Middle East, Africa, Brazil, and others active in the global endoscopy device market..

Competitive Landscape

Endoscopy devices have seen tremendous growth, due to increased preference for minimally invasive and the growing success of minimally invasive surgery. However, loss of sales due to the delay in release of the product  and strict approval procedures would challenge the companies active in the endoscopy device market. Furthermore, companies using growth strategies to stay ahead in the global endoscopy device market are expected to help the market during the forecast period 2019 to 2027. As the endoscopy device market report suggests that the endoscopy device market will register a CAGR of 6.30% and reach a greater valuation in the coming years, the market report highlights key areas endoscopy device market based companies need to focus on. The endoscopy device market research report projects a long term growth till 2027. Based on endoscopy device market’s analysis on the basis of SWOT and Porters’ Five Force Model, the endoscopy device market will rise during the forecast period 2019 to 2027, however the companies need to move ahead with caution. The endoscopy device market research report highlights such key areas.

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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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