priyaraut's blog

Actinic keratosis, simply put, is a scaly, rough patch on the skin which results from years of sun exposure. It is commonly found on the neck, scalp, forearms, back of the hands, ears, lips, or face. The size varies from a small inch to about a diameter, and when left untreated, such areas of the skin can turn into a serious type of skin cancer. Change in the color of the skin (brown, flesh-colored, or pink), hard wart-like surface, burning sensation and itching, and rough, patchy, scaly skin are some of its common symptoms. 

The Actinic Keratosis Treatment Market trends is anticipated to reach USD 3,548 Million by 2030 at 6.2% CAGR during the forecast period 2022-2030. No two cases will appear the same, yet is likely to share similar features such as sandpaper texture, crusty patches, raised patches, and red scales. Though anyone can develop actinic keratosis, but those with fair skin, particularly blonde or red hair, green or blue eyes, or skin that easily burns or freckles have a higher risk of experiencing actinic keratosis. 

Various factors are propelling the porokeratosis treatments growth. These factors, according to the new MRFR report, include its increasing prevalence, increasing acceptance of therapeutic procedures that are minimally invasive, growing geriatric population, and the presence of suitable medical coverage. Additional factors pushing market growth include the availability of suitable medical attention and environmental factors such as excessive sun exposure and ozone depletion. 

Key Players

Leading players profiled in the actinic keratosis treatment market report include Cipher Pharmaceuticals Inc., Valeant Pharmaceuticals, Sun Pharmaceutical Industries Ltd., Alma Lasers, Stanford Chemicals, 3M, Leo Pharma, BioLineRx, and Biofrontera AG. Various strategies have been adopted by key players to create a foothold in the market such as research and development activities, joint ventures/partnership, mergers and acquisitions, collaborations, expansions, product launches, and development. 

Market Segmentation 

The MRFR report provides a complete segmental analysis of the actinic keratosis treatment market report on the basis of end user, procedure, and medication. 

Based on medication, the actinic keratosis treatment market is segmented into diclofenac gel, ingenol mebutate gel, imiquimod cream, fluorouracil cream, and others. 

Based on procedure, the actinic keratosis treatment market is segmented into chemical peels, laser, photodynamic therapy, cryotherapy, and others. Of these, the cryotherapy segment will have the largest share in the market over the forecast period. This is a common treatment used for actinic keratosis. 

Based on end user, the actinic keratosis treatment is segmented into ambulatory surgical centers, dermatology clinics, and hospitals and oncology centers. Of these, the hospitals and oncology segment will dominate the market over the forecast period. 

Regional Analysis

By region, the actinic keratosis treatment market report covers the latest trends and growth opportunities across the Asia Pacific, Europe, the Americas, and the Middle East and Africa. Of these, the Americas will spearhead the market over the forecast period. Factors aiding growth in the region include easy availability of advanced treatment methods such as monotherapy and combination therapy and increasing efforts taken on cancer research in the region. 

The actinic keratosis treatment market in the APAC region is predicted to have significant growth over the forecast period. Factors aiding growth in the region include growing government support for medical tourism, rising healthcare spending, rising literacy rates, rapidly growing healthcare infrastructure, and rising disposable income. India, Japan, and China are the key contributors in this region. 

The actinic keratosis treatment market in Europe will have a favorable growth over the forecast period while the Middle East and Africa will experience sluggish growth. 

About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Market Overview 

According to the report by Market Research Future (MRFR), Health Supplements market is anticipated to reach USD15,190 Million by 2030 at 9.10% CAGR during the forecast period 2022-2030. 

Health supplements are a diverse group of products that consumed for the purpose of supplementing the diet as well as enhancing health. Health supplements typically made up of ingredients derived from natural sources. However they are not meant to prevent, cure, treat, or alleviate the symptoms of medical diseases or conditions.

Drivers and Restraints 

One primary factor that the growth of the health supplements market Data could be chalked up to is the increased marketing toward women by supplement manufacturers. Growing awareness regarding the importance of taking preventative measures related to health, coupled with the increasing size of the aging population worldwide is highly instrumental in the growth of the health supplements market. Also, the continuously growing influence of media advertising about pharmaceuticals along with the significant advancements in the products are are having a tremendous influence on the health supplements market. 

While the market for health supplements is experiencing positive growth, factors such as negative publicity and false claims made by marketers and manufacturers could deter the said growth in coming years. 

Industry Trends

A key trend permeating the market for American health supplements brand is the growing popularity of organic supplements. Organic diets are outpacing regular food at a steady pace, with millennials accounting for a sizeable portion of the consumers across the world. Hence, a number of companies are now focusing on producing more organic certified supplements to gain a competitive advantage in the health supplements market. 

Key Players 

BASF SE (Germany), E. I. du Pont de Nemours and Company (U.S.), Alticor Inc. (U.S.), The Nature's Bounty Co. (U.S.), Abbott Laboratories (U.S.), Herbalife International (U.S.), GlaxoSmithKline Limited (U.K), Bayer AG (Germany), Glanbia plc (Republic of Ireland), are few of the players in the health supplements market.

Market Segmentation 

The global health supplements market Outlook is segmented on the basis of types, application, ingredients and end user.

By type, the market is segmented into dietary supplements, bodybuilding supplements, eye health supplements, specialty supplements, and others. The market for dietary supplements is growing at a health rate due to rising alertness regarding calorie reduction among athletes and gym professionals, promoting the application movement, especially in sports nutrition industry.

By application, the market is segmented into cardiology, rheumatic disorders, allergy, and others.  

Ingredients-wise, the market is segmented into vitamins & minerals, amino acids, botanicals, enzymes, and others.  Growing consumer awareness about the importance of vitamins & minerals, amino acids, botanicals, enzymes, as well as other components present in health supplements is expected to bolster the development of all these segments during the forecasted period.

Based on end-user, the market is segmented into hospitals, clinics, research centers, and other.

Regional Analysis

The Americas is leading the global health supplements market backed by the strong presence of major players in the region, who are introducing quality products that capture maximum market share. Also, the government support for research & development along with the availability of funds for research is fostering the health supplements market as well. Countries such as the United States (U.S) and Canada are increasing their investments in the healthcare sector, thereby, propelling the overall growth of the health supplements market in the region.

It is predicted that Europe is holding the second position in the global health supplements market owing to the availability of advanced products, growing awareness about the benefits of health supplements, high health care spending, and strong government support for research & development. Apart from this, increased R&D activities coupled with the concentration of major companies is proving to be highly beneficial for the growth of the health supplement market in the region.

About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Oct 6 '23 · 0 comments · Tags: health supplements market

Schizophrenia Market overview by Type, Treatment, Route of Administration (Oral and Injectables) and Region - Forecast till 2030.Schizophrenia is a disorder which was an unknown field until the past few decades, let alone its treatment. However, the schizophrenia market has been rising over recent years, with the availability of plenty of treatment options. The emergence of antipsychotic medicines and biosimilars that has introduced the world with the new age schizophrenia treatments are propelling the market growth, increasing hope & trust among people and assuring them the best outcomes. 

With each advancement transpired in Schizophrenia management, the size of the market is ascending a level above on the global platform. Attributing to the changing and heady lifestyle, prevalence of mental disorders is rising too. Moreover, advancements in medical science are providing impetus to the growth of the Schizophrenia market, escalating it pervasively. 

Schizophrenia Market Size was valued at USD 5.5 billion in 2022 and is projected to grow from USD 5.76 Billion in 2023 to USD 8.06 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.9% during the forecast period (2023 - 2030). 

Additional factors that contribute to the growth of the Schizophrenia market include change in lifestyle and prevailing addictions, such as alcohol, narcotics, and others, acting as a severe risk factor leading to the disorder. Initiatives taken by governments of countries across the globe are playing a major role in schizophrenia treatments. 

The emergence of advanced technology for the treatment of schizophrenia disorders are triggering the growth of the market. Also, grants and funds transpired into the R&D activities to develop novel treatments, therapeutics, and medicines are fostering the market growth to an extent. 

On the other hand, the considerable cost associated with the R&D, clinical trials, and therapy are impeding the growth of the market. Also, the lack of medical infrastructure and awareness towards schizophrenia as a disorder are acting as hurdles to the market growth in certain regions. 

Moreover, factors such as approved medications that address positive symptoms, but fall short in treating negative and cognitive symptoms alongside, the poor adherence seen in up to two-thirds of schizophrenic patients, would restrict the growth of this market during the forecast period.

Global Schizophrenia Market- Segments

The report is segmented into four key market dynamics to widen the scope of understanding,

By Diagnosis                    : Blood and Urine Tests, Brain Imaging, and Vision Testing, among others. 

By Treatment Type         :  Surgery, Radiation Therapy, and Medications, among others.

By End-users                   :  Hospital, Clinics, Diagnostic Centers, and Rehabilitation Center, among others.

By Regions                       :  Europe, North America, Asia Pacific,and the Rest-of-the-World.

Global Schizophrenia Market- Regional Analysis

North America leads the global Schizophrenia market research report with the largest market share. The region is expected to create a substantial revenue pocket the end of the forecast period. Factors such as the enormous demand for sophisticated therapies by doctors and patients drive regional market growth. The US and Canada are the leading markets for Schizophrenia treatments with respect to revenue generation and market penetration across the globe. 

The Schizophrenia market in the European region takes the second lead, growing at a considerable CAGR. The presence of large treatment facilities and patient pool in the region foster the growth of the market. 

The Asia Pacific Schizophrenia market is expected to become a briskly growing market globally. Countries such as China, Japan, India, South Korea, Singapore, Taiwan, Malaysia, Australia, and New Zealand would stand at the forefront of the market in the region throughout the forecast period. 

About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Oct 6 '23 · 0 comments · Tags: schizophrenia market

Active Pharmaceutical Ingredients Market Size was valued at USD 277.1 billion in 2021 and is projected to grow from USD 299.21 billion in 2022 to USD 512.13 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.98% during the forecast period (2022 - 2030).

Market Dynamics

The share price of active pharmaceutical substances has increased progressively over the last several years as a result of their therapeutic capabilities. The medications used in combination treatment contain a variety of active components that are used to treat a variety of illnesses. Active Pharmaceutical Ingredients Market trends come in a variety of forms and are critical components in the creation of medications, and this worldwide market is expected to develop at a healthy rate in the future years.

Chronic illness incidence has increased dramatically in recent years as a result of greater exposure to risk factors and improved identification of disorders in their early stages. The progress in reducing new drug applications (ANDA) has accelerated dramatically as a result of increased financing for research and development related to illness treatment. In the coming years, it is anticipated that the increasing approval of biopharmaceuticals would benefit the active pharmaceutical ingredient sector. The community's healthcare costs and the current COVID-19 epidemic have prompted pharmaceutical manufacturers to realign their capacities in order to serve a big patient population.

The growing presence of generics in the global active pharmaceutical ingredient market is expected to boost the industry's growth. Additionally, the declining number of unique pharmaceuticals in the pharmaceutical business is expected to increase the amount of active pharmaceutical components used in product development in the next years. The stringent supervision and aggressive medication price control techniques implemented in a number of nations are projected to constrain the expansion of active pharmaceutical ingredient firms. The market's expansion is expected to be slowed by a transition to digital production and patent protection for blockbuster pharmaceuticals.

Segmental Analysis

According to Manufacturing Process, the contract manufacturing segment is expected to increase the market share of active pharmaceutical ingredients.

According to the kind of synthesis, the biotech section is expected to exhibit promising growth during the projection period.

The generic API and branded/innovative API categories, according to API Formulation, are expected to make significant progress throughout the projected period.

According to Application, the cardiovascular disease, cancer, and neurological illnesses segments are expected to perform exceptionally well over the next few years.

According to Molecule, the tiny molecule is expected to increase the market share of active pharmaceutical ingredients throughout the projection period.

Region Overview

The active pharmaceutical ingredient market report in the Americas is expected to account for the lion's share of the worldwide industry. North America currently dominates the worldwide active pharmaceutical ingredients market, owing to rapid technological advancements in diagnostics and the increasing prevalence of chronic illnesses and other neurological problems.

Through the projection period, the European regional active pharmaceutical ingredient market is expected to account for a second major market share. Numerous contract manufacturing organizations (CMOs) involved in the creation of APIs and the growing need to improve generic pharmaceuticals are anticipated to drive the industry.

The Asia Pacific active pharmaceutical ingredient market is expected to grow at the fastest rate in the global active pharmaceutical ingredient market, owing to the prevalence of rapidly emerging markets such as India, China, and South Korea, which are establishing themselves as primary outsourcing hubs for pharmaceutical manufacturing. Japan is expected to be the primary driver of the Asia Pacific active pharmaceutical ingredient market.

The Middle Eastern and African active pharmaceutical ingredients market is expected to rise in the next years, owing to the rapidly developing healthcare infrastructure and rising demand for healthcare goods.

Key Players

Leading players profiled in the active pharmaceutical ingredients market report include Teva Pharmaceutical Industries Ltd, Merck & Co., Inc., Novartis AG, GlaxoSmithKline Plc (GSK), Abbott Laboratories, Boehringer Ingelheim GmbH, Sanofi, F. Hoffmann-La Roche AG, Pfizer Inc., Eli Lilly and Company, and Bayer AG. Key players are using various strategies to increase their market presence, such as collaborations, acquisitions, and introducing new ingredients.

About US:

Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Medical Payment Fraud Detection Market Size is expected to hold a value of USD 5.88 Billion by 2030 and medical payment fraud detection market is expected to register a growth of 21.30% from 2023 to 2030.The increased occurrence of fraud, especially in terms of bill payment in the medical sector, has escalated significantly in the past few years. Therefore, the market's report is efficiently analyzed as per MRFR, which provides outlooks for the global markets.

The improved quality of technology used for fraud detection in the healthcare sector is estimated to foster the growth of the medical payment fraud detection market. Moreover, the willingness of end users to invest in robust fraud detection systems is estimated to spur the global market in the future.

Regional Overview

The regional overview of the medical payment fraud detection market consists of Asia Pacific, Europe, Africa, North America, and the Middle East. In the North American region, insurance claims appraisal performs a key role in healthcare fraud detection. Therefore, healthcare insurance fraud detection is estimated to drive the region's medical payment fraud detection market share. Europe is the second-largest regional market in the medical payment fraud detection market due to the rising healthcare expenditure which is projected to boost the market development. The Asia-Pacific regions' fastest growth pace is likely to put it in a strong position in the global market for medical payment fraud detection. Furthermore, the mounting number of patients opting for healthcare insurance is anticipated to increase the forecast period's medical payment fraud detection market growth. The Middle Eastern and African regional market is anticipated to show remarkable progress in the expansion of healthcare services. The intensification in healthcare spending and developing pressure to grow operational efficiency will boost the medical payment fraud detection market progress.

Segmental Analysis

The segmental investigation of the medical payment fraud detection market insightsis carried out on the basis of type, components, delivery model, source of service, end user, and regions. The source of service segment of the medical payment fraud detection market consists of outsourced and in-house. The component segment of the medical payment fraud detection market consists of software and services. The delivery model segment of the medical payment fraud detection market consists of on-premise and cloud-based. The end-user segment of the medical payment fraud detection market consists of public/ government agencies, private insurance payers, and third-party service providers. The type segment of the medical payment fraud detection market consists of predictive analytics, descriptive analytics, and prescriptive analytics. The region segment of the market consists of Asia-Pacific, Europe, Africa, North America, and the Middle East.

Competitive Analysis

The market's advanced operation potential is estimated to bolster the market in the coming months. Better access to varied financing sources in the market is estimated to foster a strong potential for growth in the forthcoming period. The players for the majority stake in the market are ​​projected to take swift and strategic decisions to further their position. The reliance on mergers and acquisitions is estimated to grow as stronger contenders begin the buyout of smaller companies with specialized fortes. The support from governmental agencies is estimated to further augment the market progress in the future. The enhanced focus on technology-centric solutions is likely to further bolster the development potential of the market. The popularity of e-commerce modes of business is projected to broaden the scope for growth in the coming years. The expansion to new geographical areas is estimated to introduce a new development phase in the global market.The intensification of cybersecurity risk is estimated to further create novel operational procedures in the market during the forecast period.

The foremost companies operating in the medical payment fraud detection market are OSP Labs, Unitedhealth Group, International EXL Service Holdings, Inc., Business Machines Corporation, Optuminsight, LexisNexis Risk Solutions, DXC Technology Company, SAS Institute, Fair Isaac Corporation, and CGI GROUP.

About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

The worldwide surgical sealants and adhesives market trends is estimated to flourish at a healthy CAGR of over 10.43% to reach USD 5.34 billion over the assessment era 2022-2030.  states the latest Market Research Future (MRFR) report. Surgical sealants and adhesives are useful accompaniments in the modern surgical procedure. It is extensively used owing to its alluring features, namely usability in repairing injured tissues, support wounds obtained at the time of the surgery, and their efficacy and safety. Surgical sealants and adhesives can be used along with staples and sutures for strengthening, treating emergency hemostasis, and sealing leaks of gas or fluids. 

Various factors are propelling the surgical sealants and adhesives market growth. Some of these factors, according to the Market Research Future report, include growing incidence and prevalence of various disorders such as CVDs and obesity, increasing number of accidents, a growing number of surgeries, rising incidences of trauma, and growing need for managing blood loss in patients. Additional factors pushing market growth include rising geriatric population, higher uptake of products that are technologically advanced, rising adoption of surgical sealants and adhesives, the prevalence of invasive surgeries, and inclination for simpler, safer, and quicker and minimally invasive surgeries. 

On the contrary, extensive clinical data needs to launch products, lack of reimbursements policy, high cost of products, strict regulatory approvals, lack of reimbursement, high technicality, and alternative methods are factors that may hamper the surgical sealants and adhesives market growth over the forecast period. 

Key Players

Leading players profiled in the surgical sealants and adhesives market report include Ocular Therapuetix, Inc. (US), Vivostat A/S (Denmark), Sealantis, Ltd (Israel), Sanofi Group (France), Cohera Medical, Inc. (US), B. Braun Melsungen AG (Germany), Medtronic plc (US), Baxter International, Inc. (US), Johnson & Johnson (UK), and C. R. Bard, Inc. (US). Key players are incorporating numerous strategies such as partnerships, mergers and acquisitions, expansions, product launches and innovations, collaboration, and research and development to create a foothold in the market. 

Market Segmentation

The MRFR report offers a wide segmental analysis of the surgical sealants and adhesives market on the basis of indication, product, and application. 

By product, the surgical sealants and adhesives market is segmented into synthetic and semi-synthetic sealants and adhesives and natural/biological sealants and adhesives. The natural/biological sealants and adhesives segment are again segmented into polysaccharide-based sealants and adhesives and polypeptide/protein-based sealants and adhesives. The synthetic and semi-synthetic sealants and adhesives is again segmented into urethane-based, polyethylene glycol hydrogels, cyanoacrylates, and others. 

By indication, the surgical sealants and adhesives market is segmented into tissue engineering, tissue sealing, and surgical hemostasis. Of these, the tissue sealing segment will have the largest share in the market over the forecast period. This is owing to the rising number of surgeries that is being performed annually, an increasing number of people suffering from sports-related injuries and back pain and increasing prevalence of lifestyle diseases. 

By application, the surgical sealants and adhesives market is segmented into urological surgeries, orthopedic surgeries, central nervous system surgeries, cardiovascular surgeries, general surgeries, and others. 

Regional Analysis

By region, the surgical sealants and adhesives market report covers the latest trends and growth opportunities across the Americas, Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA). 

Of these, the Americas will spearhead the market over the forecast period. This is on account of the increasing number of surgeries, increasing number of accidents, growing prevalence as well as the incidence of different disorders, and the presence of a well-established healthcare sector. 

The worldwide surgical sealants and adhesives market in Europe is predicted to have the second-largest share in the market over the forecast period. This is due to the rising adoption of new technologies and the growing prevalence of chronic diseases. 

About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

The Neonatal Thermoregulation Market share is expected to reach USD 23802.0 Million by 2030 at 9.50% CAGR during the forecast period 2022-2030. Thermoregulation simply put, is the ability of creating equilibrium amid heat loss and heat production for maintaining body temperature in a specific normal range. Having a thermoneutral environment is a crucial component of both the long-term and immediate care of a newborn infant. Following the increase in the birth rates, the equipment utilized for monitoring the baby and also for blood sampling is increasing steadily. Smart and technically advanced incubators are being manufactured more and more by the companies to offer babies protection against infection, noise, cold temperature, maintain fluid balance, administration of medicines and to offer oxygenation. In case of neonates, thermoregulation is influenced strongly by a couple of factors namely extent of illness, physical immaturity and other forms of environmental factors. 

There are abundant factors that is propelling the growth of the neonatal thermoregulation market. These factors as per the MRFR (Market Research Future) report include increasing use for monitoring the baby and blood sampling, increase in birth rates all across the world that is boosting the demand for neonatal thermoregulation, advancement of technology in medical devices and increasing occurrence of diseases in neonates. On the contrary, possible side-effects on neonates and stringent regulation made by the government for product approval are factors that may deter the growth of the neonatal thermoregulation market over the assessment period. 

Market Segmentation 

MRFR report offers a broad segmental analysis of the neonatal thermoregulation market on the basis product type, end user and modality. 

Based on product type, the neonatal thermoregulation market outlook is segmented into neonatal cooling systems, neonatal incubators and warmer. The warmer segment is further segmented into wall mount warmer and radiant warmers. The neonatal incubators are further segmented into transport incubator and intensive care incubator. Of these, neonatal incubators will have a major share in the market over the assessment period. 

Based on modality, the neonatal thermoregulation market is segmented into closed and open. 

Based on end-user, the neonatal thermoregulation market is segmented into nursing homes, neonatal intensive care units (ICU), pediatric intensive care units, hospitals and others. Of these, hospitals will dominate the market over the assessment period. 

Regional Analysis 

By region, the neonatal thermoregulation market covers growth opportunities and latest trends across Americas, Europe, Asia Pacific and Middle East and Africa. Of these, the Americas will have an edge over others in the market over the assessment period due to the presence of a healthcare sector that is well-developed. The involvement of the government to spread awareness regarding neonatal diseases is propelling the market growth in this region. The US government for instance has programs such as Heritable Disorders Program and Screening Quality Assurance Programs at HRSA (Health Resources and Service Administration). Such programs and initiatives undertaken by the government and also non-government organizations is driving the market growth here. The neonatal thermoregulation market in Europe will have the second major share owing to accessibility of funds for research. In the APAC region, the neonatal thermoregulation market is anticipated to grow at the fastest pace over the assessment period owing to constantly developing economies and huge patient population. On the other hand, the neonatal thermoregulation market in the Middle East and Africa will have minimal share over the assessment period. 

Key Players

Leading players profiled in the neonatal thermoregulation market include Novos Medical Systems, Fanem Ltd, Atom Medical Corporation, International Biomedical, Ltd., Fisher & Paykel Healthcare, KGaA, Drägerwerk AG & Co., Inspiration Healthcare Group plc, Natus Medical Incorporated, GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V. and others. 

About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

The Osseointegration Implants market is expected to reach USD 7.5 Billion by 2032 at CAGR 6.3% during the forecast period 2023-2032. The increasing number of joint replacement surgeries, particularly among the geriatric population, coupled with the growing adoption of minimally invasive surgeries, and striking advancement in healthcare facilities will have a strong impression on the growth of the osseointegration implants market in the coming years. Prominent players are constantly using various growth strategies like new product launch, partnerships, acquisitions, agreements and joint ventures for increasing their foothold in the industry. For instance, Integrum SE had introduced a revolutionary OPRA implant system in April 2018. As per the company, the product is expected to be initially available only in London and will be distributed via London International Patient Services (LIPS), which is a healthcare treatment organization for the international patients on the lookout for treatment.

Besides, the osseointegration implants market in the developed nations like the United States (U.S.), France, Germany, and Australia, is relatively more mature on account of the presence of well-established players thriving in these countries, accompanied by the high demand for these products.

Also, emerging nations in Latin America and Asia, at present, are witnessing a moderate adoption rate of osseointegration implants, serving to be strong growth opportunities in the near future. Moreover, economic growth paired with the growing disposable income in these economies will elevate the market position to a large extent. The market will further benefit owing to the manufacturing companies continuously investing in these rapidly emerging markets, on the face of various pricing and distribution activities being undertaken efficiently.

Segmentation

The global osseointegration implants market has been segmented based on product, material type, and end user.

By product, the global osseointegration implants market has been segmented into bone-anchored prostheses, dental implants, and others. The bone-anchored prostheses segment is the largest segment while the dental implants segment is the fastest-growing segment.

By material type, the global osseointegration implants market has been segmented into metallic, ceramic, polymeric and others. The metallic segment is the largest segment while the ceramic segment is expected to be the fastest growing segment. 

By end user, the global osseointegration implants market has been segmented into hospitals, ambulatory surgical clinics, and others. The hospitals segment is the largest segment while the ambulatory surgical clinics segment is likely to be the fastest growing segment over the forecast period. 

Competitive Landscape

Danaher Corporation, Zimmer Biomet Holdings Inc., NuVasive, Inc., Dentsply Sirona Inc., Cochlear Ltd., William Demant Holding A/S, The Straumann Group, Medtronic plc, Henry Schein Inc., Stryker Corporation are the notable in the global osseointegration implants market players

Regional Analysis

By region, the global osseointegration implants market has been segmented into the Americas, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA). 

The Americas account for the maximum share of the global osseointegration implants. Fast uptake of latest and technologically advanced treatment options, high healthcare expenditure, well spread awareness regarding osseointegration implants drive the market in the region. Moreover, the growing popularity of cosmetic dentistry and increase in geriatric population are also crucial factors boosting the market growth. The presence of key players is a factor which cannot be missed.

Europe too is a significant revenue pocket which is expected to expand notably over the forecast period.

APAC is expected to present lucrative growth opportunities for the growth of the osseointegration implants market. Increasing demand for these implants due to rapid top rise in geriatric population, and also high demand for dental implants spur the demand for osseointegration implants in the region. 

About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

The medical device security market size is expected to reach USD 16.36 billion by 2030 at 13.40% CAGR during the forecast period 2023 to 2030. The rapid technological progress in the healthcare sector have stimulated the advancement of the medical devices framework. 

The medical devices are vulnerable to attacks which pose a great threat to the sensitive data stored in the healthcare center’s database as well as to the personal information of the patients. The increasing number of cybercrimes in the past years have further amplified the security concerns. For the healthcare firms, medical device security is increasingly becoming a greater concern attributing to the ransomware intruders who use vulnerable medical devices to plan and execute their attack operations. The attackers mostly use medical devices in order to obtain access to the business network to deploy ransomware or steal data.

Contributing to the above trend, the global medical device security market is anticipated to generate a consistently rising demand for the medical device security services over the long term.

Key Players

The key players in the global medical device security include names like CA Technologies (the U.S.), IBM (the U.S.),  GE Healthcare (the U.S.), Cisco Systems (the U.S.), Fortinet (the U.S.), CloudPassage (the U.S.), DXC Technology (the U.S.), Check Point Software Technologies (Israel), Sophos (the U.K.), ClearDATA (the U.S.). Philips (Netherlands), Palo Alto Networks (the U.S.), Imperva (the U.S.), FireEye (the U.S.), Symantec (the U.S.), and others.

Segmental Analysis

The worldwide medical device security market insights segmentation is done based on component, type and end-user.

By component, the market is segmented into solutions and services. Majority of the market share is held by the solutions segment. The solutions section is further segmented into risk & compliance management, antivirus/ antimalware solutions, encryption solutions, distributed denial of service solutions, identity & access management solutions, disaster recovery solutions, intrusion detection system/ intrusion prevention systems, data loss prevention solutions, and others. The services section is segmented into professional services and managed security services. Additionally, the professional services segment is narrowed down to consulting services, design & integration, support & maintenance and training & education.

As per type, the market is segmented into network security, cloud security, application security, endpoint security, and others. The endpoint security section holds most of the market share in this segmentation type.

As per end-user, the market is segmented into healthcare providers, healthcare players and medical device manufacturers. The healthcare providers segment leads the global medical device security market.

Regional Analysis

Geographically, the global medical device security market is segmented into four key areas, namely the Americas, Asia Pacific, Europe, and the Middle East and Africa.

The Americas have the highest share percentage in the worldwide medical device security market. It is because of the existence of several key players that are offering the healthcare industry with advanced security services, higher threat of cyber-attacks, adoption of Internet of Things (IoT), and rapid implementation in this region.

Subsequently, the European nations hold the second largest market share of medical device security globally. The growth can be credited to the surge in the incidents of cybercrime, continuous research and development activities done for the implementation of security solutions with high efficacy in the healthcare business and the application of cutting-edge connected medical devices.

The Asia Pacific nations are anticipated to trigger the fastest growth in the global medical device security market. The increasing usage of connected medical devices, the growing concern related with data security in the healthcare sector of the developing countries and the executing the day to day operations with the help of IoT, are remarkably contributing towards the global medical device security market’s affluent growth trajectory.

The Middle East and African regions are predicted to develop at a slow but steady pace as compared to the other regions in the global medical device security market. This is because of the absence of advancing technologies in the healthcare business of the underdeveloped areas in this region.

About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Blood group typing is a test used in determining the blood group of an individual. The need for frequent volumes of blood for patients admitted in hospitals, during surgeries, and blood disorders are likely to warrant for this type of test. The global blood group typing market report by Market Research Future (MRFR) highlights various factors and challenges which can assist investors in making a sizeable assessment.

Market Outlook

Blood Group Typing Market is expected to reach USD 3.9 Billion by 2030 at CAGR 8.9% during the forecast period 2022-2030. High cases of road accidents, demand for blood and blood products, and need in prenatal testing are factors likely to drive the market growth. According to the American National Red Cross, close to 21 million blood components are transfused annually in the U.S. 

Successful developments in biotechnology which can determine the probability of genetic disorders based on family and patient medical history can work in favor of the blood group typing market. Advances such as magnetic beads in assays and quantum dots are evident of technological advances. The use of blood typing in forensic sciences to discern identities of criminals can drive the market demand. Establishment of large blood banks to ensure a constant supply of blood combined with blood donation campaigns can influence the global market.

The uptick in the volume of major surgical procedures and blood donation rates are prominent drivers of the market. Increasing research and development activities for proper understanding of blood and antibody-antigens can culminate in high dividends. Demand for tests for early diagnosis and faster prognosis of chronic diseases can fuel the blood group typing market.

But lack of skilled professionals and strict rules for blood transfusion can impede market growth.

Competitive Outlook

The global blood group typing market players are Day Medical SA, Merck KGaA, AXO Science, Beckman Coulter, Agena Biosciences, Inc., Quotient, Ltd., Novacyt Group, Grifols International, S. A., Bio-Rad Laboratories, Inc., Ortho Clinical Diagnostics, Inc., Immucor, Inc., Rapid Labs, Bag Healthcare GmbH, and Novel product launches in the form of kits and collaborations are prime strategies by players to gain a competitive edge.

Segmentation Analysis

The global blood testing market is segmented by technique, test type, product and service, and end-user.

By technique, it is segmented into massively parallel sequencing, assay-based techniques, PCR-based and microarray technique, and others.

By test type, it is segmented into antigen typing, HLA typing, ABO blood tests, cross-matching tests, and antibody screening.

By product and service, it is segmented into instruments, consumables, services, blood bank saline, antisera reagents, anti-human globulin reagents, red blood cell reagents, and others.

By end-user, it is segmented into clinical laboratories, blood banks, hospitals, and others.

Regional Analysis

Europe, the Americas, Asia Pacific (APAC), and the Middle East & Africa (MEA) are regions covered in the blood group typing market report.

The Americas is projected to dominate the global market due to large number of blood donations, rise in organ transplants, rising prevalence of chronic diseases, well-developed healthcare infrastructure, and reimbursement schemes for surgeries. According to the National Kidney Foundation in 2016, close to 121,678 patients in the U.S. were on the waiting list for organs.

Europe can assume the second position in the global market till 2022. Rising prevalence of hematological disorders and cases of blood cancer can collectively drive the regional market demand. According to the Office for National Statistics, nearly 8,208 people were diagnosed with leukemia.

The APAC region is predicted to exhibit experience growth at a relative fast pace due to the uptick in blood disorders, rising prevalence of chronic diseases, and continuously developing economies.

About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Oct 6 '23 · 0 comments · Tags: blood group typing market
Pages: 1 2 »