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Showing posts with the label Medical Devices

Growing Demand of Medical Displays in Medical Industry | Business is Expected to Reach $2.33 Billion by 2023

Growing adoption of hybrid ORs, short replacement cycle of medical displays, increasing preference for minimally invasive treatments, and rising number of Diagnostic Imaging centers are the major factors driving the growth of medical display market. However, market saturation and the increased adoption of refurbished medical displays are expected to restrain the growth of this market to a certain extent. Medical Display Market: Impact Analysis 1. Medical Display Industry, By Application & Region 2. Medical Display Industry, Developing Countries vs Developed Countries 3. Growing Adoption of Hybrid Operating Rooms 4. Short Replacement Cycles of Medical Displays 5. Development of Healthcare Infrastructure in Emerging Markets The medical display market was valued at USD 1.78 Billion in 2017 and is expected to reach USD 2.33 Billion by 2023, at a CAGR of 4.6%. Key Questions Addressed in The Report: 1. Who are the top 10 players operating in the global Medical ...

Smoke Evacuation System Market | Industry Applications Reshaping The Global Industry

Factors such increased product availability of smoke evacuation systems, rising patient preference for minimally invasive surgeries, expansion in the target patient population, and wider acceptance and availability of relevant operating room protocols and guidelines for smoke evacuation systems are the major factors driving the growth of the global smoke evacuation systems market. Smoke Evacuation System Market by Product (Smoke Evacuator (Portable & Stationary), Filter, Pencil, Accessories), Application (General Surgery, Laparoscopic, Orthopedic, Aesthetic), End-User (Hospitals, ASC, Surgical Centers). The surgical smoke evacuation system market is estimated to grow at a CAGR of 6.6% to reach USD 223 million by 2024 from USD 162 million in 2019. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=149736406 Global Smoke Evacuation System Market is Segmented on: 1. Product 2. Application 3. End User 4. Region Application of Smoke Evacu...

Biosurgery Market | Latest Market Drivers and Opportunities - Market Research

The biosurgery market to grow from USD 11,365.0 million in 2018 to USD 15,581.7 million by 2023, at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period. The major factors that are expected to be driving the biosurgery market are the rising geriatric population, increase in the volume of surgeries and sports-related and trauma injuries, increasing clearance of biosurgery products by regulatory authorities and growing need for effective blood loss management in patients. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=166922302 Driver: Increasing volume of surgeries and prevalence of severe trauma injuries Changing lifestyles and eating habits have resulted in a significant increase in the prevalence of obesity and other lifestyle disorders. This is a major factor responsible for the growth in the number of surgeries performed every year across the globe. Biosurgery products play a critical role in controlling blood loss, healin...

Physiotherapy Equipment Market | Latest Industry Trends and Developments

The physiotherapy equipment market is projected to reach USD 21.1 billion by 2024 from USD 15.1 billion in 2018, at a CAGR of 5.8%. The growth of this market is primarily driven by rapidly growing geriatric population and the subsequent increase in the global prevalence of chronic diseases, and growing incidence of sports injuries, degenerative joint disorders, and cerebrovascular disease. The elderly are more susceptible to various chronic and debilitating diseases. According to the World Health Organization (WHO), the incidence of strokes, dementia, and hip fractures increase exponentially with age; these are common afflictions in people over 85 years of age. Thus, the aging population, afflicted by some form of disability, will drive the market. Moreover, non-communicable diseases (such as heart diseases, cancer, and diabetes) account for about 87% of the disease burden in the aged population in low-, middle-, and high-income countries. The elderly will require three to five...

Biosurgery Market by Application | Current and Future Growth Analysis

The overall  biosurgery market  is expected to grow from USD 10.67 billion in 2017 and is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 15.58 billion by 2023. The rising geriatric population, increase in the volume of surgeries and sports-related and trauma injuries, increasing clearance of biosurgery products by regulatory authorities, and growing need for effective blood loss management in patients which, in turn, help in the growth of the market. The biosurgery market is expanding with the emergence of new products and applications. These biosurgery product being used in many applications such gynecological surgery, general surgery, orthopedic surgery, cardiovascular surgery, neurological surgery, urological surgery, reconstructive surgery and thoracic surgery. The base year considered for the study is 2017, and the forecast has been provided for the period between 2018 and 2023. The reconstructive surgeries segment is expected to registe...

Key Players in the Blood Group Typing Market Focus on Strategies Such as Product Launches and Acquisitions

The  blood group typing market  is consolidated in nature due to the presence of a few large players. The prominent players in the market are Bio-Rad Laboratories, Inc. (U.S.), Grifols, S.A. (Spain), Immucor, Inc. (U.S.), Ortho Clinical Diagnostics, Inc. (U.S.), Quotient, Ltd. (U.S.), Novacyt Group (France), BAG Healthcare GmbH (Germany), Rapid Labs (U.K.), Day medical SA (Switzerland), DIAGAST (France), and AXO Science (France). Bio-Rad Laboratories, Inc. was the largest player in the market in 2015 with its strong product portfolio for blood group typing. The company focuses on acquisitions to strengthen its position in the market. For instance, in February 2015, Bio-Rad Laboratories acquired GnuBIO Inc. (U.S.). This acquisition helped the company to expand its blood group typing portfolio. Such acquisitions enabled the company to increase its product portfolio in the market. The company is also focused on expansion activities to increase its global presence. Ortho Cli...

What are the growth opportunities related to Fluid Management Systems across major regions in the future?

The  fluid management visualization systems market  is projected to reach USD 12.47 Billion by 2021 from USD 9.39 Billion in 2016, at a CAGR of 5.8% during the forecast period. Factors such as increasing number of minimally invasive surgeries, technological advancements in fluid management system, and increase in government funds and grants worldwide for endosurgical procedures are driving the market. Geographically, the global fluid management visualization systems market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America, comprising the U.S. and Canada, accounted for the largest share of the global market in 2015. The large share of this region can be attributed to the growth in aging and chronically ill population, increasing number of minimally invasive surgeries, growth in the number of dialysis centers, rising usage of single-use disposable accessories, and advancements in technologies. Moreov...

Enteral Feeding Formulas Market by Product (Polymeric, Monomeric, Disease-Specific Formulas)

The global  enteral feeding formulas market  is projected to reach USD 5.95 Billion by 2020, at a CAGR of 7.6% from 2015 to 2020. The enteral feeding formulas market witnessed substantial growth in the past few years, which had a positive impact on the overall growth of the market. The global enteral feeding formulas market is mainly driven by the rising incidences of chronic diseases and disorders, rapidly growing geriatric population, increasing healthcare expenditure, rising prevalence of preterm births, and increasing demand for homecare. However, factors such as complications associated with enteral nutrition, patient safety risks, and the occurrence of feeding and medication errors are expected to restrain the growth of the enteral feeding formulas market to a certain extent. On the basis of product, the market is segmented into standard and disease-specific formulas. The standard formulas segment is further segmented into polymeric formulas and monomeric formulas....

Neuroendoscopy Market: Current Market Size and Future Growth Opportunities

The  neuroendoscopy market  is expected to reach USD 218.9 million by 2022 from USD 163.9 million in 2016, at a CAGR of 5.1% during the forecast period. Factors such as favorable government initiatives, rising prevalence of neurological disorders, and benefits of neuroendoscopic surgery over conventional brain surgery are driving the growth of this market. However, the high cost of neuroendoscopy procedures and equipment may hinder the growth of the market. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022. Market Dynamics Drivers Favorable Government Initiatives Rising Prevalence of Neurological Disorders Benefits of Neuroendoscopic Surgery Over Conventional Brain Surgery Restraints High Cost of Neuroendoscopy Procedures & Equipment Opportunities Growing Healthcare Market in Emerging Economies Challenges Dearth of Trained Neurologists and Endoscopists Rising prevalence of neurological disor...

Diagnostic Catheter Market: Which are the most innovative companies in this market?

The overall  diagnostic catheters market  is projected to reach USD 4,302.3 million by 2021 from USD 3,025.8 million in 2016, at a CAGR of 7.3% from 2016 to 2021. Advancements in medical imaging technologies, increasing number of minimally invasive procedures, launch of new technologies in terms of catheter design, and rising geriatric population (resulting in a subsequent growth in the prevalence of chronic disorders) are primarily expected to drive growth in the global market. However, factors such as dearth of skilled professionals, high cost of technologically advanced catheters, and the trend of reusing single-use diagnostic catheters are expected to restrain market growth to a certain extent. The global market is a highly competitive market. Competitiveness is mostly based on technological differentiation of various products offered by market players. The technological aspects of products and brand loyalty are the key criteria of consideration for buyers. These facto...

Enteral Feeding Devices Market | What are major growth factors in global industry

The global  enteral feeding devices market  is projected to reach USD 3.19 Billion by 2022 from USD 2.39 Billion in 2017, growing at a CAGR of 6.0% during the forecast period. Factors such as rising healthcare costs; surge in the number of preterm births; growth in the aging population; rising prevalence of chronic diseases such as diabetes, cancer, gastrointestinal diseases, and neurological disorders; growing awareness of enteral nutrition; and rapid improvements in healthcare facilities in emerging countries are driving the market growth. The report analyzes the market by product, age group, application, end user, and region. Based on product, the enteral feeding pumps segment accounted for the largest of the market in 2016. This can be attributed to the low risk of complications associated with the use of feeding pumps, enhanced portable pump designs, and the increasing use of pumps in home care settings. Based on age group, the market is segmented into adults and pe...

Ostomy Care Market: What are the global growth opportunities, market share and demand analysis

The global  ostomy care market  is projected to reach USD 2.99 Billion by 2022 from USD 2.40 Billion in 2017, at a CAGR of 4.5% during the forecast period. The high incidence of bladder/colorectal cancer/inflammatory bowel disease; rising geriatric population; growing number of awareness programs to educate patients regarding the use of ostomy products; technological advancements in ostomy products; and efficient reimbursement system in developed countries are some of the factors driving the growth of the stoma care market. This report broadly segments the ostomy care market into product and end user. On the basis of product, the market is categorized into ostomy care bags and ostomy care accessories. The bags segment is further categorized into surgery type, system type, and usability. On the basis of surgery type, ostomy bags are segmented into – ileostomy, colostomy, and urostomy. On the basis of system type, the market is classified into one-piece systems, two-piece sy...

Biosurgery Market: Factors Impacting the Growth Globally

[314 Pages Report] The overall  biosurgery market  is expected to grow from USD 10.67 billion in 2017 and is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 15.58 billion by 2023. The rising geriatric population, increase in the volume of surgeries and sports-related and trauma injuries, increasing clearance of biosurgery products by regulatory authorities, and growing need for effective blood loss management in patients which, in turn, help in the growth of the market. The biosurgery market is expanding with the emergence of new products and applications. These biosurgery product being used in many applications such gynecological surgery, general surgery, orthopedic surgery, cardiovascular surgery, neurological surgery, urological surgery, reconstructive surgery and thoracic surgery. Orthopedic Surgery Orthopedic surgeries is one of those applications where the procedures are associated with significant blood loss owing to the dissection of...

Radiotherapy monitoring devices market future growth analysis

The global  radiotherapy market  is expected to reach USD 9.47 Billion by 2022 from USD 6.81 Billion in 2017, at a CAGR of 6.8%. The growth of this market is majorly driven by rapidly increasing geriatric population, growing incidence of cancer cases across the globe, increasing symposiums driving investments in radiotherapy, and rising demand for radiotherapy devices. With ongoing technological advancements towards the development of more effective, low-cost, and easy-to-use radiotherapy devices healthcare professionals are depending on these devices for high efficiency tumor targeting and reduced side-effects. The increasing government initiatives (aimed at equipping or upgrading hospitals with newer and advanced radiotherapy systems), increasing number of internal radiation therapy procedures (wherein radioactive seeds are used, and patients are required to be kept in isolation for a definite period of time), and growing adoption of radiotherapy devices and procedures a...

Blood Group Typing Market by Product and End User - Global Forecast 2021

[146 Pages Report] The  blood group typing market  is projected to reach USD 3.12 billion by 2021 from USD 1.95 billion in 2016, at a CAGR of 9.8%. The market is segmented based on product & service, technique, test type, end user, and region. Based on technique, the market is segmented into PCR-based and microarray techniques, assay-based techniques, massively parallel sequencing, and other techniques. The PCR-based and microarray techniques segment is expected to grow at the highest CAGR during the forecast period. The large share and high growth of this segment can be attributed to the rising prevalence of chronic diseases and increasing R&D activities focused on understanding the molecular basis of blood and antibody-antigen interactions. Based on the end user, the market is segmented into hospitals, blood banks, clinical laboratories, and other end users. The hospitals end-user segment is expected to grow at the highest CAGR during the forecast period. This ...

Dental Bone Graft Substitutes Market Size, Share, Growth Drivers, Industry Analysis

The global dental bone graft substitutes market is expected to reach USD 664.3 Million by 2021, at a CAGR of 9.8% from 2016 to 2021. Increasing demand from customers for dental bone graft substitutes, growing inclination towards cosmetic dentistry, and rising industry standards are spurring the growth of the dental bone grafts substitutes market. However, unfavorable reimbursement scenarios in some countries is hampering the growth of the dental bone grafts substitutes market. The global dental bone graft substitutes market is segmented on the basis of type, application, and region. The geographic analysis covers North America, Europe, Asia-Pacific, and Rest of the World (RoW). RoW includes Latin America, the Middle East, and Africa. The European region is estimated to account for the largest share of the dental bone graft substitutes market in 2016. As implant dentistry originated in the European region, the penetration rate of dental bone graft substitutes is very high in...

Phototherapy Equipment Market Future Growth Analysis

The global  phototherapy equipment market  is projected to reach USD 583.4 Million by 2021, growing at a CAGR of 4.5% during the forecast period of 2016 to 2021. Currently, there is a growing demand for technologically advanced phototherapy equipment which are not only cost effective but also efficient and offer features that enhance user safety. This report aims to define, describe, and forecast the global market on the basis of type, application, end user, and region. The main objectives of this report are to provide detailed information regarding major factors influencing growth of the market (drivers, restraints, opportunities, and industry-specific challenges), to analyze the opportunities in the market for key stakeholders and provide details of the competitive landscape for market leaders. The research methodology used to estimate and forecast the market begins with capturing data on key vendor revenues through secondary research (such as company websites, annual ...

Global Lab Automation Market 2018 Segments, Trends, Share and Forecast Growth 2022

What are the Global Growth Factors? Factors such as process miniaturization, high demand for lab automation equipment in drug discovery and clinical diagnostics, higher reproducibility and accuracy, and large workforce demand and supply gap are likely to drive the growth of Lab Automation Market . In addition, lab automation offers enhanced productivity and reduced costs, better personnel safety, and small volumes of samples and reagents. What The Experts Says about the Market Growth? The global lab automation market is expected to reach $5.20 Billion by 2022 from USD 4.06 Billion in 2017, at a CAGR of 5.1%.     Browse and in-depth TOC on " Lab Automation Market" 279 – Tables 31 - Figures 2 3 5 - Pages View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/lab-automation-market-1158.html The genomics solutions segment to grow at the highest CAGR Based on applications, the lab automation market is segmented into drug discovery, clin...

Angiographic Catheters Market | Coronary, Endovascular, Neurology and Oncology Applications

According to new market research report,  angiographic catheters market  is expected to reach USD 1,402.8 million by 2022 from USD 922.1 million in 2016 and, at a CAGR of 7.4%. The base year for this study is 2016 and the forecast period is 2017–2022. Increasing number of Cath labs in APAC, incidences of CVDs and preference for minimally invasive surgeries are few of the reasons for the growth of this market. Angiographic Catheters Market, By Application Coronary Endovascular Neurology Oncology Other Applications (lungs, urology, and gastroenterology) Know More:  https://www.marketsandmarkets.com/Market-Reports/angiographic-catheter-market-1219487.html

Dental Bone Graft Substitutes Market Worth $664.3 Million by 2021

According to a new market research report  "Dental Bone Graft Substitutes Market by Type (Synthetic Bone Grafts, Xenografts, Allografts, and Demineralized Allografts), by Application (Sinus Lift, Ridge Augmentation, Socket Preservation, Periodontal Defect Regeneration, and Implant Bone Regeneration), by Product (Biooss, Osteograf, Grafton, and Others) - Forecast to 2021" , published by MarketsandMarkets, The global market is expected to reach  USD 664.3 Million  by 2021, at a CAGR of 9.8% from 2016 to 2021. Don’t miss out on business opportunities in Dental Bone Graft Substitutes Market . Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalyst.asp?id=159678690 Factors such as technological advancements in the field of dental bone grafts and increase in the number of bone grafting procedures are expected to drive the growth of the global dental bone grafts substitutes market. Severa...