Thursday 29 October 2020

Nurse Call System Market Estimated to Witness a Staggering Growth by 2023

 The global nurse call system market is expected to grow significantly over the forecast period. It is estimated that the global nurse call system market share is expected to register a CAGR 9.5 % during the forecast period from 2018 to 2023. Nurse call systems are aimed at alerting the nurses in case of medical emergency situations or when patients need care. These systems are also used to track a patient particularly in assisted living or old age centers or are used to give a signal of a probable situation in case of ambulatory services.

Numerous factors such as the growing geriatric population and the rising complexity of hospital operations are expected to drive the growth of the market.

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Moreover, favorable healthcare investments by the government and the rising demand for better technological advancements boost the growth of the market. However, stringent government regulation and the huge cost of installation may hamper the market growth during the assessment period.

Segmentation

The global nurse call system market has been segmented into type, technology, applications, and end-users.

The market, on the basis of type, has been segmented into nurse call buttons, nurse call integrated communication systems, nurse call mobile systems, nurse call intercoms, and others.

The market, by technology, has been segmented into wired systems and wireless systems.

The market, by applications, has been segmented into medical emergency, alarms, workflow management, and others.

The market, by end-users, has been segmented into hospitals & nursing homes, assisted living centers, ambulatory care centers, and others. Hospitals and nursing homes are expected to hold the largest market share in this segment owing to the rising number of public as well as private hospitals. Assisted living centers are expected to be the fastest-growing market owing to the increasing geriatric population and the rising need of such assisted living centers.

The market, by region, has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The nurse call system market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.

The European nurse call system market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified into Germany, France, the UK, Italy, Spain, and the rest of Western Europe. 

The nurse call system market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The nurse call system market in the Middle East & Africa has been segmented into the Middle East and Africa.

Key Players

Nurse call system market manufacturers are Austco Communication Systems Pty Ltd., Honeywell International Inc., Hill-Rom Services Inc., Ascom, Johnson Controls., CSINC, AMETEK, Inc., STANLEY Healthcare, West-Com Nurse Call System, Inc, Azure Healthcare, Cornell Communications, Jeron Electronic Systems Inc., Vigil Health Solutions Inc., BEC Integrated Solutions, LLC and Systems Technologies are some of the key players in the global nurse call system market.

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Hypotension Treatment Market Poised to Witness a Significant Growth by 2023

 The worldwide low blood pressure or hypotension market is driven by various factors. Some of these comprise rising hypotension cases, aged population, cardiovascular illnesses, & diabetics. Dehydration, endocrine disorders, and nerve issues can also cause hypotension, leading to further market growth. Low blood pressure patients often feel dizzy and weak, which is why, they are recommended several medicines to maintain stability and good health.

Teenagers and post-partum mothers are also impacted by hypotension. Moreover, sedentary & bad eating habits contribute to the development of lifestyle diseases, adding to the demand for better treatments. Medicines prescribed for hypotension can have serious side effects. However, these can be fought on account of proper guidance and patient-suitability. Awareness about hypotension and the demand for innovative cardiac instruments also propel market revenues.

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Developments across various technologies and entry of new companies should also boost hypotension market size in the forecast period. The 3 key factors that hamper the industry are the existence of alternative treatments, shortage of experts, and costly cardio diagnosis & treatments. The presence of cardiac & diabetic patients has increased stress on developing & developed nations. The hypotension treatment market is segmented on the basis of products, indications, applications, and regions.  

Blood pressure instruments, blood pressure transducers, and sphygmomanometers constitute the products. Hypotension, cardiovascular disorders, and others form the indications. Application sectors comprise homecare, diagnostic centers, clinics, laboratories, hospitals, etc. Different regions across which the market is spread contain Asia Pacific, Americas, Europe, and the Middle East and Africa.

Geographical Details and Prominent Firms

“Americas” is the largest market, with its huge diabetic & coronary disease base driving its incomes. Asia Pacific should be observing the highest CAGR over the forecast period. Europe followed Americas in terms of the size. According to a study by MRFR (Market Research Future), the Middle East and Africa is expected to undergo steady expansion, due to the need for advanced therapeutic centers & diagnostic procedures. 

Some of the eminent companies spending capital on the hypotension treatment industry are Shire plc, Hoffman-La Roche Limited, and Amgen, Inc. They make use of various strategies to gain shares and maintain competitiveness over other firms. These strategies consist of, but are not restricted to partnerships, acquisitions, mergers, and product launches.

Key Findings and Innovative Trends

The cardiovascular (hypotension) pipeline has assisted with tracking & recognizing new participants & their products. The said factor has widened the reach of hypotension treatments & helped make better decisions. A novel drug, Droxidopa, sold as Northera, was sanctioned to manage multiple-system atrophy, Parkinson’s disease, and pure autonomic failures. The authorization was done in view of 2 laboratory experiments.

In both these trials, patients consuming Droxidopa capsules for two weeks, benefitted with regards to feeling less dizzy & light-headed. Headache, nausea, and dizziness were some of the general side effects observed from these capsules. The drug would highlight the risk of hypertension in the horizontal position. Blood pressure in the horizontal position can be recorded before & during the therapy. The need for better hypotension medicines & therapies across end-user industries will also steer product developments in the near future.  

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Eye Melanoma Market to Witness Widespread Expansion During 2020 to 2023

 Market Highlights

Increasing prevalence of the eye cancer, growing geriatric population, rising healthcare expenditures, and increasing research and development investments by the major players of the market are the major driver for the market growth. On the other hand factors such as lack of awareness, high diagnostics, and surgical procedures costs are projected to restrain the market growth during the estimated period. Laser iridotomy is estimated to cost around USD 1,068 to USD 1,188.

Segmentation

The global eye melanoma market is segmented on the basis of the site, diagnosis, treatment, and end user.

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On the basis of the site, the market is segmented into sclera, retina, uvea, and others. On the basis of the diagnosis, the market is categorized into eye exam, imaging, biopsy, and others. The eye exam segment is sub-segmented into ophthalmoscopy, slit-lamp biomicroscopy, and others. The imaging segmented is sub-segmented into ultrasound, fluorescein angiography, fundus autofluorescence, optical coherence tomography, and others. On the basis of the treatment, the market is segmented into radiation therapy, laser treatment, surgery, and others. The radiation therapy segment is sub-segmented into episcleral plaque therapy, external beam radiation therapy, and others. The surgery segment is sub-segmented into iridectomy, choroidectomy, enucleation, and others. On the basis of end users, the market is segmented into hospitals & clinics, academic institutes, and others.

Regional Analysis

America dominates the global eye melanoma market. The presence of a well-developed healthcare sector, huge patient population, changing lifestyle, and increasing health care expenditure are major drivers of the Americas market. Europe is the second leading region in the global eye melanoma market due to increasing availability of funds for research, well-developed healthcare sector, huge patient and growing geriatric population. The European region is bifurcated into Western Europe and Eastern Europe. Western Europe leads the market due to the presence of the developed economies, for instance, the U.K, France, and Italy. The Asia Pacific is the fastest growing region in the market due to the presence of a huge patient population, continuously developing economies, and rising healthcare expenditure. The Middle East & Africa owns the least share of the global eye melanoma market due to the presence of poor economies and stringent government policies, especially in the African region. The Middle East holds a majority of the market due to a well-developed healthcare sector and huge healthcare expenditure by economies like Dubai, Kuwait, Dubai, and others.

Key Players

The key players for the global eye melanoma market are Castle Biosciences, Inc. (U.S.), GENERAL ELECTRIC (U.S.), Koninklijke Philips N.V. (The Netherlands), TOSHIBA CORPORATION (Japan), Siemens AG (Germany), Analogic Corporation (U.S.), Optovue, Incorporated (U.S.), NOVADAQ Technologies Inc. (Canada), Agfa-Gevaert Group (Belgium), ZEISS (Germany), and others.

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Cardiac Pacemaker Market to Witness Widespread Expansion During 2020 to 2023

 Overview of the global cardiac pacemaker market

According to report by Market Research Future (MRFR), the global cardiac pacemaker market is set to register a CAGR of approximately 7.9% during the forecast period (2017-2023).

Drivers and Restraints

MRFR’s market study identifies the growing prevalence of cardiovascular disorders to be one of the main growth drivers for the cardiac pacemaker market. Cardiovascular disorder is one of the main causes of death in developed and developing nations. Factors such as high blood pressure, lack of physical exercise, obesity, hereditary, diabetes and growing geriatric population are mainly responsible for causing cardiovascular diseases in individuals. This is where a cardiac pacemaker comes in, which is used to regulate the heartbeat frequency that is reduced by cardiovascular disorder.

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Various supportive government initiatives coupled with non-government organizations funding has also been instrumental in the phenomenal market growth over the past couple of years. For instance, the University of Michigan has entered into a partnership with World Medical Relief to develop the My Heart, Your Heart pacemaker program. It entails using a previously used pacemaker which is tested, certified and reconditioned before being sent to help needy people in other economies.

However, high cost of treatment is predicted to restrain the growth of the market over the forecast period. On the other hand, cardiac pacemaker manufacturers are continuously integrating new and innovative technologies to improve the efficiency and output of the pacemakers. For instance, Medtronic has developed new products like leadless pacemaker and rate-responsive pacemaker with enhanced features, effectivity, and functionality.

Market Segmentation

The global cardiac pacemaker market is segmented based on type, technology, application, and end users.

By type, the market is segmented into implantable, external cardiac pacemaker, and others. Implantable cardiac pacemakers are small devices that are placed inside the chest or abdomen to control abnormal heart rhythms. This means the patient has more energy and less shortness of breath. Thus, the segment of implantable pacemaker is surging at a higher rate than other sub-segments.

By technology, the market is segmented into biventricular, single-chambered, dual-chambered, and others. Biventricular devices are expected to gain lucrative share over the review period. These devices consist of two or three leads and are used in patients that present a lack of synchronization between contractions of the left and right ventricles, a condition known as ventricular desynchrony.

By application, the market is segmented into arrhythmias, congestive heart failure, and others. The arrhythmias segment is sub-segmented into tachycardia, bradycardia, and others. with increasing incidences of arrhythmias across the globe, the application of cardiac pacemaker for arrhythmias cases is high in the global market. By end-user, the market is segmented into hospitals, cardiac care centers, medical institutes, and others.

Regional Analysis

The global cardiac pacemaker market is segmented into regions of the Americas, Europe, Asia Pacific and the Middle East & Africa.

Globally, the Americas lead the global cardiac pacemaker market on account of the well-developed healthcare sector and massive patient population. Additionally, changing lifestyle, increasing healthcare expenditure, and growing geriatric population fosters the market growth in the Americas. Moreover, the presence of the developed economies such as the United States (U.S) and Canada within the region triggers the market growth as well.

Europe is the second largest market across the globe. Availability of funds for research, growing patient population, increasing healthcare expenditures, sophisticated healthcare sector and government support for research & development are exhibited to buoy the market growth during the conjectured period.

Asia Pacific is the fastest growing region, MRFR asserts that it is due to the presence of huge patient population, continuously developing economies such as India and China. These countries have increasing healthcare expenditures and growing healthcare sector along with favorable government policies like relaxation in customs and excise duty.

Lastly, the Middle East & Africa holds the least cardiac pacemaker market share on the back of poor economy and strict government policies in the African region. A major portion of the market in the Middle East & Africa is held by the Middle East owing to the well-developed healthcare sector and massive healthcare expenditure by the economies like Kuwait, Saudi Arabia, Dubai, and Qatar.

Competitive Dashboard

The prominent players at the forefront of the market are LEPU MEDICAL (U.K), SORIN Group (Europe), MEDICO S.p.A. (Europe), Medtronic (U.S.), Abbott. (U.S.), Boston Scientific Corporation (U.S.), BIOTRONIK (Germany), OSCOR Inc. (U.S.), and others.

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Moebius syndrome Market to Witness Widespread Expansion During 2020 to 2023

 

Market Highlights

Moebius syndrome is a rare congenital condition that is associated with abnormalities of the facial nerves. The major symptoms of Moebius syndrome are dental problems, difficulties with speech and frequent drooling, high palate, Poland’s syndrome, irritated and dry eyes, strabismus, and others.

A number of factors such as growing awareness, technological advancements, unmet medical needs, increasing government assistance, rising healthcare expenditure in the developed countries, improving regulatory framework, increasing adoption rate, and rising funding and reimbursement policies are propelling the growth of the global Moebius syndrome market.

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However, infections and injuries caused by surgical devices, complications associated with the treatments and poor healthcare system in low and middle-income countries may hamper the growth of the market over the review period.

It is estimated that the Moebius syndrome market is expected to grow at a CAGR of 6.5% during the forecast period of 2017-2023.

Regional Analysis

The Americas dominate the Moebius syndrome market owing to the rising awareness among people, and high healthcare expenditure. According to the Centers for Disease Control (CDC) and Prevention in 2015, the total health expenditure in the United States was reported to be USD 3.2 trillion and the hospital care accounted for a share of 32.3%.

Europe holds the second position in the Moebius syndrome market. It is expected that the support provided by the government authorities for research & development and initiatives taken to improve the reimbursement policies in healthcare is likely to drive the European market.

Asia Pacific is the fastest growing Moebius syndrome market owing to a huge patient pool and developing healthcare technology. Healthcare expenditure is also improving in various Asia Pacific countries. According to the Australian Institute of Health and Welfare, in the years 2015-2016, the total health expenditure in Australia was USD 170.4 billion, which is recorded to be 3.6% higher than the expenditure of 2014-2015.

The Middle East & Africa holds the lowest share of the global market due to lack of technical knowledge and poor medical facilities.

Segmentation

The global Moebius syndrome market is segmented on the basis of type, treatment, and end user.

On the basis of the type, the market is classified as Group I, Group II, Group III, and Group IV.

On the basis of the treatment, the market is classified as surgery, temporalis transfer, parotidectomy, physical therapy, occupational therapy, speech therapy, splints, prosthesis, braces, and others. The surgery segment is further classified into eyelid surgery, ponseti method, hand surgery, tracheotomy, and others.

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

Key Players

Some of key the players in the global Moebius syndrome market are Alcon Laboratories, Inc, All Vascular, Pty Ltd., Aspen Surgical Products, Inc., B. Braun Melsungen AG, Becton, Dickinson and Company, Boston Scientific Corporation, Conmed Corporation, Gray Surgical, Johnson & Johnson Services, Inc., Medtronic, Olympus Corporation, Smith & Nephew plc, TransEnterix Surgical, Inc., Zimmer Biomet Holdings, Inc. and others.

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Global Primary Osteoarthritis Market to Significant Growth Foreseen by 2023

 

Market Highlights

According to the Centers for Disease Control and Prevention (CDC), more than 54 million people in the United States diagnosed with osteoarthritis (OA), it is the most common type of arthritis and a leading cause of disability. Osteoarthritis therapies are commonly administered via the oral route, with a few products being available in topical and transdermal formulations. The global prevalence of osteoarthritis is estimated to be 8.2%. Pfizer has the highest number of completed clinical trials for osteoarthritis, and also leading sponsors for conducting clinical trials for primary osteoarthritis, followed by Sanofi and Merck & Co. Ltd. For instance, in August 2016, Bioventus, a global leader in orthobiologic solutions launched GELSYN-3, a three-injection hyaluronic acid (HA) product for pain relief associated with osteoarthritis (OA) of the knee.

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Regional Analysis

The global primary osteoarthritis market consists of regions namely the Americas, Europe, Asia Pacific, and the Middle East and Africa.

The Americas dominate the global primary osteoarthritis market owing to the increasing cases of arthritis in the U.S. and Canada and play a significant role in driving the global primary osteoarthritis market. The U.S. has a substantial lead in the number of osteoarthritis clinical trials globally, followed by Germany and the U.K. Currently, there are two therapies that has been filed for approval with the FDA. The European primary osteoarthritis market is growing at a steady pace and is anticipated to compete with the American market.

Asia Pacific is expected to be the fastest growing region in the primary osteoarthritis market during the forecasted period 2017-2023. In developing countries from Asia Pacific and the Middle East and Africa, the awareness related to age-specific diseases such as osteoarthritis and osteoporosis is increasing rapidly. For instance, in July 2017, Kolon Pharmaceutical got the approval for the World’s first cell and gene therapy for knee osteoarthritis in Korea.

Segmentation

The primary osteoarthritis is segmented on the basis of type, diagnosis, treatment, and end-users.

On the basis of the type, the market is segmented into knee osteoarthritis, hand osteoarthritis, neck osteoarthritis, hip osteoarthritis, wrist osteoarthritis, spinal osteoarthritis, shoulder osteoarthritis, and others

On the basis of the product diagnosis, the market is segmented into imaging, joint fluid analysis, and others. The imaging is further classified into divided X-rays, Magnetic resonance imaging (MRI), and others.

On the basis of the treatment, the market is segmented into medication, therapies, surgery, and others. The medication can be classified into analgesics and non-steroidal anti-inflammatory drugs. The analgesics is further classified as acetaminophen, duloxetine, and others. The non-steroidal anti-inflammatory drugs can be further classified into aspirin, ibuprofen, naproxen sodium/ naproxen, and others.

On the basis of the end-user, the market is segmented into hospitals & clinics, medical institutes, research organization, and others.

Key Players

Some of key the players in the global primary osteoarthritis market are Abbott Laboratories (U.S.), Johnson & Johnson Limited (U.S.), Novartis AG (Switerzland), Pfizer, Inc. (U.S.), and Eli Lilly and Company (U.S.), Abiogen Pharma (Italy),  Ampio pharmaceuticals (U.S.),  BioDelivery Sciences International (U.S.), CrystalGenomics (South Korea), Daiichi Sankyo (Japan), Eli Lilly (U.S.), Horizon Pharma (Republic of Ireland), Iroko Pharmaceuticals (U.S.), Merck & Co. Ltd (U.S.), Nuvo Research (U.S.), Regeneus (Australia), Sanofi (France), SantoSolve (U.S.),  Smith & Nephew (UK), Winston Pharmaceuticals (India).

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Dental Trauma Market to Witness an Outstanding Growth by 2023

 

Market Highlights

During last decade the number of procedures have increased which has influenced the growth of the market positively. Moreover, increasing demand for the better treatment and changing reimbursement policies has boosted the market growth.

Increasing number of patients suffering from different dental diseases have increased the demand different treatments in the market. During the last few years, the dental consumables have changed the treatment scenario. The market is expecting a healthy growth during the next decade. Moreover, well developed technology has supported the growth of the market in this region.

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According to the Pew Center on the States, in 2010, Americans spend USD 106 billion on dental care. According to the American Dental Association, in 2010, over 600 million dental procedures were performed which will continuously increase in coming future.

Approximately 75 % of all procedures were diagnostic procedures of which children aged 0–20 accounts for 41% of all procedures.

The global dental trauma market is expected to grow at a CAGR of ~8.6 % during the forecast period 2017-2023.

Regional Analysis

The Americas dominate the global dental trauma market owing to the presence of huge patient population with dental injuries, high healthcare spending, and increasing government support for research & development.   

Europe holds the second largest dental trauma market share of the global market as result of increasing focus of various government agencies on the treatment of dental diseases. Moreover, the growing public awareness about dental trauma likely to boost the European market.   

Asia Pacific is the fastest growing dental trauma market across the globe. Japan holds the major share of the regional market due to availability of advanced technology and huge healthcare spending. Moreover, rapidly developing economy, increasing healthcare expenditure, and the government’s initiatives for research & development projected to drive the market in China and India over the forecasted period.  

The Middle East and Africa holds the least share of the global market due to limited availability of medical facilities. The UAE, Saudi Arabia, and Kuwait are expected to drive the Middle East & African market. Whereas, the African region is expected to witness a moderate growth.

Segmentation

The global dental trauma market is segmented on the basis of types, by treatment, and by end user. On the basis of type, it is segmented into tooth fracture, injuries of the periodontal apparatus, and injuries to supporting bone tissues. Tooth fracture is further segmented into enamel infraction, enamel fracture, enamel-dentine fracture, complex fracture of tooth, root fracture of tooth. Injuries of the periodontal apparatus is further segmented into subluxation of the tooth (tooth knocked loose), luxation of the tooth, intrusion of the tooth (tooth jammed into tooth socket), avulsion of the tooth. Injuries to supporting bone tissues is further segmented into fracture of mandibular/maxillary socket wall, fracture of mandibular/maxillary alveolar processes, fracture of mandible/maxilla. Based on the treatment, it is segmented into cosmetic dentistry, laser dentistry, and others. On the basis of end user, it is segmented into dental clinics, dental laboratories, research laboratories, and others.

Key Players

Some of key the players in the market are Patterson Dental (U.S.), Henry Schein (U.S.), Dentsply Sirona (U.S.), 3M (U.S.), Straumann (Switzerland), Danaher Corporation (Switzerland), PLANMECA OY (Finland), Carestream Health, Inc. (U.S.), Biolase Inc (U.S.), KERR Corporation (U.S.), GC orthodontics (Germany), American Orthodontics (U.S.), Zimmer Holdings Inc. (U.S.), Ivoclar Vivadent AG (Liechtenstein), Gentle Dentistry, LLC (U.S.) and others.

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