Medical Device Security Market: Drivers, Restraints, Opportunities, and Threats (2020-2027)

 Market Research Future (MRFR)’s report reveals that the global medical device security market is set to expand at a CAGR of 8.8% during the forecast period 2018 to 2023. The valuation of the global market is estimated to witness a growth of USD 221 Mn over the review period. The developments in the healthcare sector have catalyzed the deployment of medical facilities systems. These devices are prone to hacking and pose a threat to the critical data related to healthcare centers and the privacy of the patients. Additionally, the rising cases of cyber-attacks have further intensified the security concern in the recent times. This trend is expected to create demand for medical device security solutions over the next couple of years.

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Rapid adoption of connected medical devices in the healthcare sector of developed and developing regions has increased the concerns regarding theft of personal medical data. Rise in incidences of cybercrime and misuse of personal data is inducing high demand for advanced medical device security modules, leading to the significant expansion of the global medical device security market. However, low penetration of technologically advanced medical devices, lack of awareness regarding the availability of advanced healthcare data security solutions and low healthcare budgets are likely to act as restraints on the expansion of the global medical device security market during the forecast period.

Market Segmentation:

The Global Medical Device Security Market has been segmented on the basis of component, type and end user. Based on component, the medical device security market has been segmented into solutions and services. The solutions segment has been sub-segmented into identity & access management solutions, antivirus/ antimalware solutions, encryption solutions, data loss prevention solutions, risk & compliance management, intrusion detection system/ intrusion prevention systems, disaster recovery solutions, distributed denial of service solutions and others. The services segment has been sub-segmented into professional services and managed security services. The professional services sub-segment includes consulting services, training & education, support & maintenance and design & integration. The solutions segment commands for the major share in the global medical device security market.

Based on type, the medical device security market has been segmented into network security, endpoint security, application security, cloud security and others. The endpoint security segment commands for the lion’s share in the global medical device security market. Based on end user, the medical device security market has been segmented into healthcare providers, medical device manufacturers and healthcare players. the healthcare providers segment commands for a dominant share in the global medical device security market.

Regional Analysis:

Geographically, the global medical device security market has been segmented into four major regions such as Europe, Americas, Asia Pacific and the Middle East and Africa. The Americas command for the major share in the global medical device security market owing to the presence of large number of players that are providing healthcare industry with advanced security solutions, rapid adoption of internet of things and higher threat of cyber-attacks in this region. The Europe region is projecting noteworthy growth in the global medical device security market owing to the increased incidences of cybercrime, rise in utilization of advanced connected medical devices and increased research and development expenditure for introducing highly effective security solutions in the healthcare sector in this region.

The Asia Pacific region is projecting significant expansion at the fastest growth rate in the global medical device security market owing to the increasing usage of connected medical devices that are operating with the help of healthcare IoT and rise in concern regarding data security in the healthcare sector of developing economies in this region. The Middle East and Africa region is expanding at a slow growth rate in the global medical device security market owing to the low penetration of advanced technology in the healthcare sector of the underdeveloped areas of this region.

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Bowel Management Systems Market – Insights on Upcoming Trends 2027

 Rapid change in lifestyles and unhealthy dietary habits is leading to the rise in intestinal issues such as fecal incontinence and constipation among adults. With advancement in healthcare technology and development of various medical devices, these health issues are being managed with the help of bowel management systems.

Market Research Future (MRFR) has published a report asserting that the global bowel management systems market is marked to expand steadily at a CAGR of 4.1% during the forecast period of 2017-2023 and reach the valuation of 2.188 Bn by the end of 2023 from 1.72 Bn in 2017.
Global rise in geriatric population and dietary imbalance caused due to consumption of unhealthy food are majorly propelling the growth of the global bowel management systems market. However, concerns regarding the discomfort associated with the use of bowel management devices and inclination towards adoption of non-invasive treatments are likely to restrain the growth of the global bowel management systems market during the forecast period.

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Companies Covered

The leading players operating in the global bowel management systems market are Coloplast (Denmark), Medtronic (Ireland), 3M (the U.S.), B. Braun (Germany), C.R. Bard (the U.S.), Consure Medical (India), Cogentix Medical (the U.S.), Aquaflush Medical Limited (the U.K.), Axonics Modulation Technologies (the U.S.), ConvaTec (the U.K.), Hollister (the U.S.), MBH-International A/S (Denmark), Mederi Therapeutics Inc. (the U.S.), Welland Medical limited (the U.K.), and Wellspect HealthCare (Sweden).

Market Segmental Analysis

For scope of the report, MRFR offers a comprehensive segmental analysis of the global bowel management systems market

By Product

• Irrigation Systems 
• Colostomy Bags
• Nerve Modulation Devices (NMD)
• Other Products and Accessories

By Patient Type

• Adult Patients
• Pediatric Patients

By End User

• Home Care
• Hospitals & Ambulatory Surgery Centers

By Region

• Americas
• Europe
• Asia-Pacific
• Middle East and Africa

Report Overview

The MRFR’s market research report offers an unbiased and comprehensive assessment of key market dynamics in the global bowel management systems market. It includes discussion on current and historical market trends, challenges and growth opportunities backed by factful feedbacks. The primary types of products that are covered in the report are irrigation systems, colostomy bags, nerve modulation devices (NMD) and other products and accessories. The types of patients covered in the report are adult patients and pediatric patients. For opportunity analysis, the major end-users covered in the report are home care and hospitals and ambulatory surgery centers. All the sub-markets included in the report are profiled under four major regions such as Europe, Asia Pacific, Americas and the Middle East and Africa, with respective country-level analysis.

Research Methodology

Market Research Future (MRFR) leverages its comprehensive and iterative research methodology for the deliverance of highly accurate market insights. The primary and secondary research processes are utilized for conducting qualitative and quantitative analysis of current and historical market dynamics, consumer landscape, competitive landscape, market growth opportunities and challenges. Detailed surveys and first-hand interviews are conducted with the key opinion makers across the value chain for the collection of primary data. Secondary research processes are utilized for primary data validation through inputs from SEC filings, white paper references, paid databases, research publications and other credible sources available in public domain. The data triangulation techniques and top-down and bottom-up approaches are utilized to ensure accuracy and objectivity of the research findings.

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Emergency Department Information System Market – Insights on Upcoming Trends 2027

 As per the report published by Market Research Future (MRFR), the global emergency department information system market is set to thrive exponentially at a CAGR of 15.10% during the forecast period 2017 to 2023. These systems are designed to enhance the quality of emergency services by taking care of functions such as clinical documentation, patient entry, patient and resource tracking, etc. It is presumed to gain popularity globally in the foreseeable future owing to the rapid developments in the healthcare sector.

One of the key factors responsible for dictating the future trajectory of the global emergency department information system market is the increasing geriatric population. Elderly people are always at a higher risk of developing diseases, and the increase in their population has necessitated the adoption of technologically advanced systems in the healthcare sector. This, in turn, has paved the way for emergency department information systems into the hospitals and clinics.

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Other factors that are likely to complement the proliferation of the emergency department information system market include rising healthcare expenditure, growing patient pool, increasing need for advanced treatments, etc. In addition, the growing number of hospitals and clinics in the developing regions resonate strong potential for growth in the upcoming years.

Market Segmentation:
On the basis of component, the global emergency department information system market has been segmented into software, services, and hardware. Furthermore, the software is sub-segmented into Best-of-Breed solutions and enterprise solutions.

On the basis of delivery mode, the emergency department information system market has been segmented into Software-as-a-Service and on-premise.

On the basis of the application, the global emergency department information system market has been segmented into clinical functionalities and administrative functionalities.

On the basis of the end users, the emergency department information system market has been segmented into large hospitals, medium-sized hospitals, and small hospitals.

Regional Analysis:
The global emergency department information system market, by region, has been segmented into Americas, Europe, Asia Pacific, and the Middle East and Africa. Americas had the largest share of the market in 2016 and is poised to grow significantly over the next couple of years. The factors that are favoring the expansion of the emergency department information system in the region include consolidation of key players, accelerated adoption of novel technologies, technological innovations, etc.

Asia Pacific is set to strike a high CAGR of 15.71% during the forecast period. It is estimated to emerge as the fastest growing regional market towards the end of the assessment period. Factors such as rapid healthcare developments, strong economic growth rate, increasing count of healthcare providers, etc. are expected to augment the emergency department information system market in the region.

Europe is a significant growth pocket positioned at the second position in the marketplace. Meanwhile, the Middle East & Africa is anticipated to account for the least share of the global market. The slow growth rate is attributable to the slow economic development and low income.

Competitive Dashboard:
Some of the key players profiled in the report are Allscripts, Cerner Corporation, Mckesson Corporation, Healthland, Inc, Epic Systems, Evident, Logibec Canada, T-System Inc, Siemens Healthcare, EPOWERdoc, Inc, Medical Information Technology, Inc, Unitedhealth Group, Inc, veEDIS Clinical Systems LLC, Medhost Inc, and Wellsoft.

Industry News:
In August 2018, Allscripts Healthcare Solutions, Inc., a healthcare service provider, has achieved full accreditation for Allscripts PayerpathTM with the Healthcare Network Accreditation Program (HNAP).

In July 2018, Virginia has launched an Emergency Department Care Coordination Program where all of its emergency departments are electronically linked for improved care and trimmed costs.

In January 2019, the Centers for Medicare and Medicaid Services (CMS), a federal agency within the United States Department of Health and Human Services has initiated posting prices of healthcare services online.

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

 The esophageal dysphagia market is expected to witness tremendous growth owing to the rising prevalence of oral cancer. Other key factors such as the change to sedentary lifestyle, increase in smoking and increasing of fungal infection are contributing towards the growth of the market.  However, factors such as the high cost of surgical procedures, the allergic reaction of medication and the side effects associated with treatments are expected to restrict the market growth during the forecast period.

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Segmentation

The global esophageal dysphagia market is segmented on the basis of diagnosis, treatment, products, and end-user. The esophageal dysphagia market, by diagnosis, is categorized into X-ray, Dynamic swallowing study, Endoscopy, Manometry and Imaging scans. Imaging scans is sub-segmented into MRI scan, CT scan. On the basis of treatment, the market is segmented into esophageal dilation, surgery, medications, lifestyle changes. Surgery is sub-segmented into stent placement, and laparoscopic heller myotomy. On the basis of products, the market is segmented into feeding tube, nutritional solutions and drugs. Feeding tube is sub-segmented into the nasogastric tube, percutaneous endoscopic gastrostomy. Nutritional solutions are sub-segmented into thickeners, beverages, and purees. On the basis of end-user, the market is segmented into hospitals and clinics, ambulatory surgical centers, diagnostic centers, research centers, and others.

Regional Analysis

The Americas is the largest in the market owing to the increasing prevalence of cardiac diseases, trauma to the neck, head, or spine and growing healthcare expenditure. Other risk factors for esophageal dysphagia are human papillomavirus, Plummer-Vinson syndrome and irradiation of the esophagus. According to the Genital HPV Infection, (GHI) Fact Sheet 2017, 79 million American adults were infected with human papillomavirus. Such a high incidence of (HPV) drives the market growth in this region.

Europe (UK, Belgium, France, and Netherlands) is expected to be the second largest esophageal dysphagia market during the forecast period. The increasing occurrence of cancer drives the market in this region. According to Cancer Research UK in 2015, there were 359,960 new cases of cancer. Thus, the growing cases of cancer facilitate the market growth.

Asia-Pacific was projected to be the fastest growing region for the global esophageal dysphagia market in 2017. The market is expected to witness growth owing to the rising prevalence of alcohol ingestion and smoking in this region. According, to the World Health Organization in 2015, 47.6% and 33.7% of people smoked tobacco in China and Japan, respectively. This is expected to provide favorable backgrounds for the market to grow.

The Middle East and Africa accounts for the least share due to low per capita income and lack of availability of well-trained healthcare professionals. However, the rising oncology and palliative care services both at the hospital level and in the community are expected to influence the market in a positive way.

Key Players

Some of the key players in the global esophageal dysphagia market are Merck Sharp & Dohme Corp., Biostagel, Torax Medical, Inc., NinePoint Medical, Inc., Elekta AB, Eisai Co Ltd, Cipla Ltd., AstraZeneca Plc, Kent Precision Foods Group, Inc., Nestlé Health Science France, Nutricia Ltd, C.R. Bard, Inc., Cook Medical Incorporated, and others. 

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Laser resurfacing Market Current Trends, SWOT Analysis, Strategies, Industry Challenges, Business Overview and Forecast Research Study 2027

 The cosmetic industry has exhibited tremendous growth form last few years. There has been a growing awareness and demand for new cosmetic procedures and devices due to technological advancements, such as laser therapy, etc. The increasing prevalence of skin problems such as acne, wrinkles, and others coupled with the exponential growth of cosmetic industry also accelerated the global market for laser resurfacing.

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Segmentation:

The global laser resurfacing market is segmented on the basis of type, products, indication, and end-user.

On the basis of the type, the market is segmented into ablative and non-ablative laser resurfacing. Ablative laser resurfacing is further segmented into CO2 laser resurfacing, erbium laser resurfacing, and others. Non-ablative laser resurfacing is further segmented into infrared lasers, fractional laser, high impact light sources, and others. On the basis of the products, the market is segmented into laser skin resurfacing machine, CO2 skin laser scanner machine, laser tips, and others. On the basis of the indication, the market is segmented into facial wrinkles, acne scars, skin pigmentation, aging, and others. On the basis of the end-user, the market is segmented into hospitals, dermatology clinics, home care, and others.

Regional Analysis:

America is the largest market for laser resurfacing whose growth is attributed to the presence of key players in the market, extensive use of cosmetic procedures, and increasing demand for technologically advanced devices. In North America, the U.S. holds the largest share in the market followed by Canada. Furthermore, acne is one of the major skin problems among the adults in North America. According to the American Academy of Dermatology (AAD), skin diseases affect one in every fourth American. The prevalence of skin diseases is also found to be increasing in Canada.

In Europe, the market exhibit growth opportunities with an increasing number of laser therapies in dermatology clinics. Furthermore, cosmetic industry in European nations has shown tremendous growth attributed to an increasing demand for cosmetic procedures in the market. Germany, France, and the U.K are the largest contributors to the market growth.

Asia Pacific is the fastest growing market driven by the increasing healthcare expenditure by governments of developing countries such as India and China and an increasing emphasis on skin care and development of the cosmetic industry. Additionally, rising prevalence of skin problems among the adults, and increasing number of skin care procedures performed in hospitals and dermatology clinics is boosting the market growth.

The Middle East & Africa also show a steady rise in the market owing to increasing awareness about the laser treatment of skin diseases and development of skin care industry, especially in the developing regions of the Middle East.

Global Laser Resurfacing Market Players:

Market players profiled in the report are Alma Lasers, Altair Instruments, Lumenis Cynosure, Inc., Lynton Lasers Ltd, Cutera, Syneron Medical Ltd., Lutronic Corporation, Quanta Aesthetic Lasers USA, and Sciton, Inc.

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Myomectomy Market Analysis, Segments, Growth and Value Chain 2020-2027

 Myomectomy is surgical procedure for the removal of uterine fibroids. Uterine fibroid, also known as leiomyoma or myomas, is a non-cancerous growth that develops inside or on the wall of a woman’s uterus. Heavy bleeding between or during the menstrual cycle, pain in pelvis or lower back, increased menstrual cramps are major symptoms for uterine fibroids.

Prevalence of uterine disorders abnormal uterine bleeding (AUB), amenorrhea, dysmenorrhea (painful menstrual periods, and premenstrual syndrome (PMS) is on the rise across the globe, especially in the developing countries. In addition, increasing research and development activities, and technological advancements to identify the causes and risk factors for such disorders is fuelling the global myomectomy market growth. There is also an increasing demand for technologically advanced devices for the diagnosis of uterine fibroids. Increasing awareness about the reproductive health, and diseases among women across the globe also determine the growth of the market. The key players are now focusing on the geographical expansion in the developing regions such as Asia Pacific.

The global myomectomy market is expected to grow at a CAGR of 6.9% during the forecast period.

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Uterine fibroids affects nearly 40% of women in the age group of 30 and 55, including 20 million women in North America and 24 million women in Europe with over 7 million patients worldwide presently undergo various symptom management treatments.

Major Players in Myomectomy Market:

Some of the key players in the global market are Halt Medical, Inc. (U.K), Boston Scientific Corporation (U.S.), CooperSurgical Inc. (U.S.), C. R. Bard, Inc. (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), General Electric Company (U.S.), KARL STORZ SE & Co. KG (Germany), Richard Wolf Medical Instruments (U.S.), Siemens (U.S.), AbbVie Inc. (U.S.), Bayer (Germany), Eli Lilly and Company (U.S.), Johnson & Johnson Services Inc. (U.S.) and others

Regional Analysis

In the Americas, the market for myomectomy is found to be growing from the last few years and expected to exhibit tremendous growth during the forecast period. Rising prevalence of uterine disorders, and other reproductive health problems, emphasis on healthy lifestyle, and availability of specialized healthcare services conditions are important drivers for the growth of the market. Also, increasing demand for technologically advanced diagnostic devices and presence of major market players also influence the growth of the market.

According to the U.S. Department of Health and Human Services Office on Women's Health, about 30% of all women will get them by age 35, and around 20-80%of women will do so by age 50. For some reason, African American women are more likely to experience fibroids, and to do so at a younger age.

In Europe, the rising awareness about surgical procedures available for the treatment of uterine fibroids, and extensive research and development activities on the medical devices drive the market growth. The overall growth of healthcare diagnostic and imaging services also determine the growth of the market. Germany, U.K and France are the major contributors to the growth of the market owing to rising emphasis on the diagnosis and treatment of uterine disorders, and strengthening healthcare system.

In Asia Pacific, rising awareness about the reproductive health, and its diagnosis, and treatment of uterine disorders are major drivers for the growth of the market. Additionally, increasing healthcare expenditure, and overall demand for medical devices also accelerate the market. India & China are the largest contributors to the growth of the market owing rising emphasis on treatment of chronic diseases and increasing government support.

In the Middle East & Africa, the market is expected to show steady growth owing to low technology penetration, and rising prevalence of chronic diseases. The Middle East is the largest market for myomectomy owing to availability of specialty services in regions such as the United Arab Emirates, and Saudi Arabia.

Segmentation

The global myomectomy market is segmented on the basis of type, product, and end user.

On the basis of type, market is segmented into abdominal, hysteroscopic, laparoscopic, and robotic.

On the basis of product, the market is segmented into laparoscopic power morcellators, harmonic scalpel, laparoscopic sealer, and others.

On the basis of end user, the market is segmented into hospitals & clinics, surgical centers, medical device companies, and others.

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Blood Coagulants Market Revenue Analysis by 2027

 Blood coagulant aids in improving the coagulation process of blood in order to stop bleeding and fastening the healing process. According to the report that has been published by Market Research Future (MRFR), the Middle East and Africa blood coagulants market is anticipated to project noteworthy expansion at a robust CAGR of 9.5% during the forecast period of 2017-2023

Market Drivers and Restraints:

Increasing prevalence of bleeding disorders caused by diseases such as hemophilia which leads to defect in blood coagulation is inducing demand for blood coagulants in the market in the Middle East and Africa region. The beneficial properties of blood coagulant drugs or anti-inhibitor coagulant complexes to help regulate blood coagulation for patients suffering from bleeding disorders are fueling the growth of the Middle East and Africa blood coagulants market.

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Rise in incidences of major injuries caused due to accidents leading to uncontrollable bleeding  and increasing demand for blood thickening medications are likely to propel the growth of the blood coagulants market in the Middle East and Africa region during the forecast period. However, lack of primary health care services, poor healthcare infrastructure and lack of awareness in the underdeveloped areas are acting as major restraints on the growth of the Middle East and Africa blood coagulation market during the forecast period.

Market Segmentation:

The Middle East and Africa blood coagulants market is segmented on the basis of types, indications, and by country. Based on types, the blood coagulants market is segmented into coagulation factor and others. Coagulation factor segment is sub-segmented into recombinant coagulation factor, plasma coagulation factor, and others.

Based on indication, the blood coagulants market is segmented into hemophilia, surgery, other bleeding disorders, and others. Hemophilia segment is sub-segmented into hemophilia A and hemophilia B.

Regional Analysis:

The Middle East and Africa blood coagulants market is geographically segmented into few major countries such as Saudi Arabia (KSA), United Arab Emirates (UAE), Qatar, Oman, Kuwait, Egypt, and the rest of the Middle East and Africa.

Saudi Arabia accounts for the largest share in the Middle East and Africa blood coagulant market. The high prevalence of hemophilia, increasing usage of expensive recombinant coagulation factors and high disposable income of the population, are some of the major factors that are driving the growth of the blood coagulant market in this country. Whereas, United Arab Emirates (UAE) is projecting fastest growth in the Middle East and Africa blood coagulants market.

Increasing healthcare expenditure and research and development in the field of anti-inhibitor coagulant complexes are leading to the expansion of the blood coagulants market in the Middle East and Africa region.

Competitive Landscape:

Increasing demand for high-quality blood coagulants in the market has led to the introduction of innovative products by the players in the Middle East and Africa blood coagulants market. The players are focusing on business expansion by increasing their research and development expenditure and strategizing mergers and acquisitions for establishing their products not on in the Middle East and Africa region but also on a global level.

In February 2018, it was announced that an Israeli-developed bandage named WoundClot, a plant-based gauze that stops blood loss within seconds by stimulating body’s coagulation process, will be sold globally.

The prominent players that are profiled in the report on the Middle East and Africa market by MRFR are Pfizer Inc. (the U.S.), Bayer AG (Germany), Novo Nordisk AS (Denmark), Shire (Republic of Ireland), SOBI (Sweden), Octapharma (Switzerland), and CSL Limited (Australia).

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