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Market Highlights:
Ophthalmology is a branch of medical science which deals
with the diagnosis, treatment, and prevention of eye disorders. Ophthalmic
disorders are common in developed countries due to changing lifestyle. The
technological advancement, increasing prevalence of ophthalmic disorders, a
growing number of chronic diseases, and rising geriatric population are the
major factors driving the growth of the global ophthalmic lasers market.
Additionally, increasing R&D spending and aggressive strategies adopted by
the top players, such as new product launches, are contributing to the growth
of the market. For instance, in June 2018, Carl Zeiss Meditec AG has launched
next-generation VISULAS green photocoagulation laser in the ophthalmic
lasers market size, this innovative product can be used for the treatment
of diabetic retinopathy and age-related macular degeneration disorders.
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Key Players:
Some of the key players in the global ophthalmic lasers
market are Carl Zeiss Meditec AG, Alcon Laboratories, Inc., Abbott Medical
Optics, Inc., Bausch & Lomb Incorporated, Ocular Instruments, Quantel Inc.,
Ellex Medical Lasers Limited, Topcon Corporation, Ziemer Ophthalmic Systems AG,
Iridex Corporation, Nidek Co., Limited, Lightmed USA, and Lumenis Ltd.
Segmentation:
The global ophthalmic lasers market has been segmented on
the basis of product, application, and end-user.
The market, by product, has been classified as excimer
lasers, femtosecond lasers, diode lasers, SLT laser, ND:Yag lasers, and others
On the basis of application, the market has been segregated
into refractive error correction, cataract surgery, diabetic retinopathy,
glaucoma surgery, age-related macular degeneration (AMD)treatment, and others.
The end-user segment has been segmented into hospitals,
specialty clinics, ambulatory surgical centers, and others.
Regional Analysis:
The market in the Americas is expected to dominate the
global ophthalmic lasers market during the forecast period owing to the
increasing prevalence of chronic diseases, a growing geriatric population which
is suffering from ophthalmic disorders, technological advancements in the
healthcare sector, and favorable reimbursement policies in the region. The
European market is expected to be the second-largest due to the increasing
ophthalmic surgeries in the region, the high adoption rate of innovative
technology, and development in the healthcare sector. Moreover, the market in
Asia-Pacific is anticipated to be the fastest-growing during the forecast
period owing to the increasing population, the rising prevalence of chronic
diseases and rising healthcare investment. The market in the Middle East &
Africa is likely to account for the smallest share of the global ophthalmic
lasers market.
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Market Highlights:
The global Protein
Sequencing Market Share held a market value of USD 892.5 million in 2017
and is projected to register a CAGR of 3.6% over the forecast period. Protein
sequencing is mainly used to separate peptides and detect the amount and
composition of amino acid residues. The factors such as growing focus on
target-based drug development by biotechnology and pharmaceutical companies,
growing financial support by the public and private sector for proteomic
research, and advancements in clinical mass spectrometry and analytical
techniques are anticipated to boost the growth of the market during the
forecast period. For instance, in 2015, the National Cancer Institute offered
grants for the Clinical Proteomic Tumor Analysis Consortium (CPTAC) program.
Despite the drivers, the high cost associated with infrastructure and
instruments may hinder the market growth over the forecast period.
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Key Players:
Some of the prominent players in the global protein
sequencing market are Proteome Factory, Bioinformatics Solutions, Charles River
Laboratories, Agilent Technologies, Inc., Rapid Novor Inc., Selvita, SGS,
Shimadzu Corporation, Thermo Fisher Scientific Inc., and Waters Corporation.
Segmentation:
The global protein sequencing market has been segmented into
products and services, technology, application, and end user.
By products and services, the market has been segmented into
reagent and consumables, instruments, analysis products/software, and protein
sequencing services. The instrument segment has been further segmented into
mass spectrometry instruments and Edman degradation sequencers. The reagents
and consumables segment accounted for the largest share of the protein
sequencing products market in 2017. The factors such as ongoing advancements in
protein sequencing technologies and the rising number of sequencing procedures
are expected to boost the growth of the segment.
On the basis of technology, the market has been segmented
into mass spectrometry and Edman degradation.
By application, the market has been segmented into
biotherapeutics, genetic engineering, and others. The biotherapeutics segment
is anticipated to be the fastest growing segment during the forecast period.
The market, by end user, has been segmented into
pharmaceutical and biotechnology companies, academic institutes and research
centers, and others.
Regional Analysis:
On a regional basis, the Americas is anticipated to dominate
the global protein sequencing market owing to the rising application of protein
sequencing in proteomic research, the development of protein sequencing, and
the availability of research funding in the region. Europe is anticipated to
hold the second largest position in the global protein sequencing market. The
market growth in this region is attributed to the increasing proteomics
research and the availability of funding and infrastructure for research. For
instance, in July 2017, Biognosys, a leading proteomics company based in
Switzerland raised funds of about USD 5 million for making proteomics a broader
segment in the life science research market. The Asia-Pacific region is
anticipated to be the fastest growing region owing to the growing government
funding for healthcare, rising R&D expenditure, and growing number of
biopharmaceutical companies. The Middle East and Africa has the lowest share of
the global protein sequencing market owing to rising government initiatives for
the healthcare sector.
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Market Insights
The Global Healthcare Cloud Computing Market application is experiencing increasing traction owing to the rising uptake of cloud computing in small, medium, and large healthcare setups, worldwide. The volume of digital data in healthcare centers has multiplied over the years owing to changes in payment modes, increasing patient pool, etc. Advances in technology and increasing healthcare expenditure have further catalyzed the growth of the market.
Market Research Future (MRFR) studied the cloud computing market 2020 through the review period till 2023. As per MRFR analysis, the global cloud computing market is anticipated to register considerable CAGR and earn substantial revenue by end of the review period. The ingression of cloud-based technology in healthcare facilities offers several important benefits that aid in boosting operations efficiency of organizations. The cloud deployment of IT software assists in the collection of real-time data and data retrieval with greater convenience and eliminate manual errors. Document processing is a rigorous task in healthcare facilities and cloud computing only accelerates work with better performance efficacy. Moreover, cloud computing curbs the overall costs as it eliminates the need for physical infrastructure. These are identified as some potential factors that can promote the global healthcare cloud computing market in the years to come.
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The IT revolution and upscaling demand for cloud computing have positively influenced the healthcare sector. The large volume of data generated in the healthcare sector has encouraged the enormous adoption of cloud computing solutions. Moreover, the voluminous data generation has further increased the need for scalability and flexibility in working dynamics. Top-notch healthcare cloud computing players are actively investing in the development of improved and new services that will continue to optimize operations in complex and large industries; such as healthcare. These are other causes that are expected to add momentum to the healthcare cloud computing.
Key Players
GE Healthcare, IBM Corporation, Athena Health Inc., Sectra AB, Carestream Corporation, CareCloud Corporation, ClearData Networks Inc., Agfa-Gevaert N.V., Nuance Communications, NextGen Healthcare, Microsoft Corporation, Oracle Corporation, Cerner Corporation, Siemens Healthineers, Dell Inc, and Merge Healthcare Inc. are some major companies in the global healthcare cloud computing market that are listed by MRFR. Innovations by marketers are observed to cast significant impact on the competitive landscape of the global healthcare cloud computing market.
Market Segmentation
The segment study of the global healthcare cloud computing market is based on deployment, applications, service, and end-user among others.
The application-based segments of the healthcare cloud computing market are Clinical Information System (CIS) and Non -Clinical Information System (NCIS). The CIS segment studies electronic health records (EHR), pharmacy information system (PIS), and computerized physician order entry system (CPOE) among others. The growing demand for non-clinical information system, along with electronic health records solutions, can favor the market surge in the study tenure.
The deployment-based segments of the healthcare cloud computing market are hybrid cloud, private cloud, and public cloud. The public cloud segment is expected to rise at considerable CAGR by 2023. However, increase in cases of cyber data breach and growing awareness about security threats in case of public cloud is driving the adoption of private cloud that is expected to support the healthcare cloud computing market rise through the rapid growth of the private segment.
Regional Analysis
The US is expected to garner decent revenue for the North America healthcare cloud computing market in the near future. The presence of a high concentration of marketers in the region and expansion of the healthcare sector are likely to contribute to the regional healthcare cloud computing market. The concentration of developed economies displaying affinity for advanced technologies is observed to add momentum to the market.
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Market Scenario
The global Respiratory Care Devices Market share 2020, according to MRFR, is slated to register significant growth at 10.1% CAGR during the assessment period (2018–2023).
Market Highlights
The increase in the industry is attributed to the rising frequencies of asthma, and chronic pulmonary disorders, among others. As they have evolved from stationary to portable, these machines can be used in hospitals and in-house treatment environments.
Factors such as the mounting prevalence of respiratory diseases, rising geriatric population, urbanization and its negative consequences, and environmental and behavioral improvements are driving business growth. Growing demand for point-of - care diagnostic devices in developed regions is projected to create new opportunities for players in the market for respiratory devices.
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Competitive Dashboard
Some of the major players in the global respiratory care devices market are Drägerwerk AG & Co. KGaA (Germany), ResMed, Inc. (US), Philips Healthcare (Netherlands), Fisher & Paykel Healthcare Corporation Limited (New Zealand), Dickinson and Company (US), Medtronic plc (Ireland), Masimo Corporation (US), and Becton, Chart Industries, Inc. (US), and Hamilton Medical AG (Switzerland).
Segmental Analysis
The global respiratory care devices market has been analyzed on the basis of accessories and consumables, diagnostic devices, therapeutic devices, application, monitoring devices, and end-use industries.
Based on therapeutic devices, the market has been divided as nitric oxide delivery units, oxygen concentrators, pap devices, masks, ventilators, reusable resuscitators, nebulizers, humidifiers, inhalers, and oxygen hoods.
Based on monitoring devices, the market has been segmented as pulse oximeters, pulse oximeter equipment, capnographs, pulse oximeter sensors, and gas analyzers.
The diagnostic devices segment of the market comprises peak flow meters, polysomnography (PSG) devices, spirometers, and other diagnostic devices.
The accessories and consumables segment of the market includes disposable resuscitators, disposable masks, nasal cannulas, tracheostomy tubes, and other consumables and accessories.
Regional Overview
On the demand for respiratory care products, North America is projected to account for the highest market share due to the early introduction of new medical equipment, increasing recognition, improved healthcare industry growth and attractive pay for certain surgical procedures.
The second highest market share is expected to be retained by the European industry. The growth of the market in this area can be due to the growing incidence of diabetic patients, an rising increase of surgeries and the growing demand for advanced care procedures.
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According to Market Research Future (MRFR), the global negative
pressure wound therapy (NPWT) market Share is expected to expand
significantly over the forecast period. The industry had a market size of USD
2.24 billion in 2017 and is estimated to experience a CAGR of 6.7% by 2023.
Negative pressure wound therapy (NPWT) is a sealed wound care system and
is primarily recommended for large chronic recurrent wounds and complicated
acute wounds. The system comprises an electronically operated pump and a foam
dressing, which drains the wound. Negative pressure is applied across the
wounds in this therapy to promote healing.
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Key Players
Lohmann & Rauscher International GmbH & Co. Kg, ACELITY L. P.
Inc., ConvaTec Group Plc., Smith & Nephew, Medela, Cardinal Health, Talley
Group, Genadyne, Mölnlycke Health Care AB, and DeRoyal Industries, Inc. are
some of the key players in the global negative pressure wound therapy market.
Market Dynamics
Factors such as the growing prevalence of chronic diseases such as
diabetes and obesity, increased casualty rates due to injuries and accidents,
and large expenditure on chronic and surgical wounds is expected to fuel the
growth of the industry. According to the Centers for Disease Control and
Prevention (CDC), approximately 2.8 million people were treated for injuries in
2015. In addition, the rising incidence of cesarean sections in elderly mothers
is projected to increase the postoperative usage of NPWT devices. Moreover, the
growing usage of simpler single-use devices is expected to contribute to the
growth of the negative pressure wound therapy industry. However, the high cost
of such treatment over traditional wound therapy and the shortage of qualified
healthcare professionals can impede market growth over the forecast period.
Segmentation
The global negative pressure wound therapy market is segmented by
product type, wound type, and end-user.
Types of products include single-use negative pressure wound therapy
devices, conventional negative pressure wound therapy devices, and accessories.
In 2017, the conventional segment accounted for the largest share of the global
market. The segment can expand due to the ability of conventional negative
pressure wound therapy products to treat extreme wound exudates. In addition,
the single-use negative pressure wound therapy market is projected to be the
fastest-growing market based on the product type.
By type of wounds, the market has been segmented into surgical and
traumatic wounds, ulcers, and burns. The classification of ulcers was further
segmented into diabetic foot ulcers, venous ulcers, pressure ulcers, and
others.
The market was segmented by end-users into hospitals, home care
facilities, and others.
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Market Overview
The
global Endovascular
Aneurysm Repair Devices Market Size could record a CAGR of 6.4% during the
forecast period (2018-2023), reveals Market Research Future (MRFR).
Growth Drivers and Top
Barriers
Aortic
aneurysm refers to the weakening and bulging of the aorta. This bulging leads
to a leak that could spill blood within the bod, directing the blood flow away
from the tissues and organs. This causes extreme complications, including heart
attacks, stroke, kidney damage, and even death. Therefore, endovascular repair takes
place by keeping a stent-graft in an aneurysm via a tiny hole in the blood
vessels located at the groin area.
Some
growth-inducing factors in the endovascular aneurysm repair devices market
include low-cost hospitalization charges, technological advancements in repair
devices, and short reduced recovery times. To illustrate, in 2017, Terumo
Corporation had acquired Bolton Medical, Inc., with the latter being a
prominent innovator in thoracic and abdominal stent graft systems. With this
acquisition, Terumo Corporation strived to expand its growth in the vascular
graft field.
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Renowned Companies
Endospan
Ltd., BiFlow Medical Ltd, Endologix, INC., Jotec GmbH, Medtronic plc, Terumo
Corporation, W. L. Gore & Associates, Inc., Cardiatis SA, Boston Scientific
Corporation, Cook Medical LLC, Endoluminal Sciences Pty Ltd, Cardinal Health,
Braile Biomédica, Lemaitre Vascular Inc., Getinge AB, are the top players in
the worldwide endovascular aneurysm repair devices market.
Market Segmentation
The
worldwide market for endovascular aneurysm repair devices has been segmented on
the basis of indication, site, anatomy, and products.
The
market, depending on the indication, has been considered for abdominal aortic
aneurysm, thoracic aortic aneurysm, and others. The types of thoracic aortic
aneurysm are ascending aortic aneurysm, descending aortic aneurysm,
thoracoabdominal aortic aneurysm, and thoracic arch aortic aneurysm.
The
market, site-wise, has been considered for infrarenal and pararenal. The
market, with respect to the pararenal site, caters to juxtarenal and
suprarenal.
The
market, anatomy-wise, covers traditional and complex.
The
market, with regard to the products, mentions percutaneous EVAR, fenestrated
EVAR, aortic stents and TAA grafts, and others.
Regional Analysis
The
endovascular aneurysm repair devices market is spread across the primary
regions of Europe, Asia Pacific, Middle East, and Africa, and the Americas.
The
supreme growth of the endovascular aneurysm repair devices market has been
noted in the Americas. The prime reason behind the superlative growth can be
the expanding geriatric population along with the highly -developed healthcare
sector. The Centers for Disease Control and Prevention (CDC) gauges abdominal
aortic aneurysm to be among the leading 15 causes of mortality within the United
States (U.S.).
Europe
is projected to hold the second position in the worldwide endovascular aneurysm
repair devices market. The regional market gets ample support from the rising prevalence
of aneurysms, favorable reimbursement scenario, and availability of funds for
research. Apart from this, esteemed players in the region are nursing next-generation
EVAR products, aiming to expand and evolve. This helps generate momentum to
trigger market growth.
Asia
Pacific could expand at the fastest pace owing to the presence of a massive patient
population combined with the continuously developing nations. Consistently
improving healthcare infrastructure and rising number of surgeons could lead
the regional market to greater heights in the years ahead.
Lastly,
Middle East & Africa has been identified as the smallest market for
endovascular aneurysm repair devices. Most of the market is concentrated in Middle
East as a result of the increasing government initiatives for the healthcare industry.
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Market Highlights
The flexible
and semi-rigid ureteroscopy market research is expected to witness
tremendous growth owing to the rising prevalence of kidney cancer, kidney
stone, and change in lifestyle. Other key factors such as the growing
consumption of alcohol, change to sedentary lifestyle, increasing dehydration,
and obesity are contributing towards the growth of the market. According to the
University Hospital Southampton NHS Foundation Trust, March 2016, the
prevalence of renal stone treatment increased between 5 to 10% with a 75%
increase in obese patients. However, factors such as high cost of ureteroscopy
procedures are expected to hinder the market growth during the forecast period.
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Key Players
Some of the key players in the global flexible and
semi-rigid ureteroscopy market are Stryker (US), Olympus Corporation (Japan),
Boston Scientific (US), Richard Wolf (Germany), KARL STORZ (Switzerland), ELMED
Medical Systems (Turkey), Maxer Endoscopy (Germany), Rocamed (France), Vimex
Endoscopy (Poland), ProSurg (US), and others.
Segmentation
The global flexible and semi-rigid ureteroscopy market is
segmented on the basis of product, application, and end-user. The flexible and
semi-rigid ureteroscopy market, by product, is categorized into flexible
ureteroscopes, semi-rigid ureteroscopes, and rigid ureteroscopes. Flexible
ureteroscopes are further segmented into fiberoptic ureteroscopes and digital
ureteroscopes. On the basis of application, the market is segmented into
therapeutic applications and diagnostic applications. Therapeutic applications
are further segmented into urinary stricture, urolithiasis, and kidney cancer.
On the basis of end-user, the market is segmented into hospitals and clinics,
diagnostic centers, ambulatory surgical centers, research centers, and others.
Regional Analysis
The Americas leads the market owing to the increasing
prevalence of urolithiasis, increasing research and development programs in
flexible video-ureteroscopes, and growing healthcare expenditure. The American
Urological Association, July 2016, has estimated a 3% prevalence rate for
kidney stone in all individuals and stated that it affects 12% of the
population during their lifetime. Such a high rate of kidney stone drives the
market growth in this region.
Europe is expected to be the second largest flexible and
semi-rigid ureteroscopy market during the forecast period. The increasing
occurrence of kidney cancer and obesity drive the market in this region.
According to Cancer Research UK in 2015, there were12,547 new cases of kidney
cancer. Thus, the growing cases of kidney cancer facilitate the market growth.
Asia-Pacific was estimated to be the fastest growing region
for the global flexible and semi-rigid ureteroscopy market in 2017. The market
is expected to witness high growth owing to the rising prevalence of obesity
and kidney cancer in this region. According to the National Center for
Biotechnology Information publication 2016, 121,099 cases of kidney cancer were
recorded in Asia in 2012 in which 66.12% patients were males. Such a high
prevalence of kidney cancer influences the market growth.
This is expected to provide favorable backgrounds for the
market to grow.
The Middle East and Africa accounts for the low share due to
lack of awareness, low per capita income, and lack of well-trained healthcare
professionals. However, the rising oncology and health care services in
hospitals and in the community are expected to influence the market in a
positive way.
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Market Highlights
Urothelial carcinoma is also known as transition cell
carcinoma. It is a type of cancer that occurs mostly in the urinary system and
is one of common bladder cancer of ureter and urethra. Due to the increasing
prevalence of bladder cancer urothelial carcinoma treatment market is growing.
Increasing funding for research and development activities to develop new
cancer therapies is also one the factor responsible for the growth of this
market. More initiation has been taken by government and non-government
organizations regarding awareness for early diagnosis of cancer, as a result,
these factors are expected to boost the urothelial
carcinoma treatment market growth during the forecast period.
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Key Players
Some of the key players in the global urothelial carcinoma
treatment market are GlaxoSmithKline plc, Genentech, Inc., Novartis AG,
Dendreon, Merck KGaA, Eisai Co., Sanofi S.A., and Bristol-Myers Squibb.
Europe is the second largest market for the urothelial
carcinoma treatment followed by Asia-Pacific. Due to growing awareness
regarding early diagnosis of bladder cancer and developed healthcare
infrastructure with increasing prevalence of urothelial cancer. Asia Pacific
shows the fastest growth in the market due to the low cost of R&D. India
and China are expected to be the fastest growing market for bladder cancer
treatment.
The Middle East and Africa has the lowest market for
urothelial carcinoma treatment due to poor medical facilities and lack of
technology.
Segmentation
The global urothelial carcinoma treatment market has been
segmented on the basis of types, treatment, and end-users. Based on type the
global urothelial carcinoma treatment is segmented into non-invasive and
invasive urothelial carcinoma treatment. On the basis of treatment, the market
is segmented into immunotherapy, radiotherapy, and chemotherapy. Based on
end-user the urothelial carcinoma market is segmented into hospital pharmacy,
retail pharmacy, and others.
Regional Analysis
On a regional basis, the market is segmented into Americas,
Europe, Asia-Pacific, Middle East, and Africa.
Americas is likely to dominate the urothelial carcinoma
treatment market share owing to the increasing prevalence of bladder cancer,
increasing investment in research and development of new bladder cancer
treatment. According to the American cancer society report, about 79030 cases
of bladder cancer was reported in 2017 in the US.
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According to Market Research Future (MRFR), the Global Mouth
Ulcer Treatment Market forecast is estimated to grow significantly over the
forecast period. It is projected that the mouth ulcer treatment market will
register a CAGR of 4% from 2018 to 2023 (forecast period). The report provides
a comprehensive and detailed assessment of the impact of COVID-19 on
current/future economic conditions. The report also illustrates some of the
critical market factors that will affect this industry's growth, such as market
share, the top region, and major players.
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Key players
Key participants identified by MRFR in the mouth ulcer treatment market
are Pfizer, Inc., Church & Dwight Co., Inc., 3M, Taro Pharmaceutical
Industries Ltd., Bristol-Myers Squibb Company, BLISTEX, INC., GlaxoSmithKline
plc., ECR Pharmaceuticals, Sannova, Reckitt Benckiser, Sunstar, Blairex
Laboratories, Sanjin Pharmaceutical, Joincare Pharmaceutical, Sinclair Pharma,
Colgate-Palmolive Company
Market Dynamics
The increasing use of synthetic in oral products such as toothpaste and
increasing unhealthful lifestyles, including high consumption of unhealthy food
and tobacco, are some of the factors driving this market's growth. Mouth ulcers
can be prevented by avoiding tissue damage, eliminating food that causes
discomfort in the mouth, and improving oral hygiene. In addition to the
traditional approach, different drugs are used to treat ulcers in the mouth.
Rising aging population and increasing incidences of mouth ulcers are driving
the growth of this market.
Nevertheless, people have a very casual approach to mouth ulcers, which
may have an adverse impact on market growth in the future.
Market Segmentation
The global market for mouth ulcer treatment has been segmented on the
basis of drug type, formulation, and indication.
Based on drug type, the global market for mouth ulcer treatment has been
segmented into corticosteroid, antihistamine, antimicrobial, analgesic, and
anesthetic.
Based on formulation, the global market for mouth ulcer treatment has
been segmented into gel, mouthwash, ointment, spray, and lozenges.
Based on indication, the global market for mouth ulcer treatment has
been segmented into Aphthous Stomatitis, Oral Lichen Planus, and Others.
Regional Analysis
Based on region, the global market for mouth ulcer treatment has been
segmented into the Asia Pacific, North America, Europe, and the Middle East and
Africa.
North America is expected to dominate the market for oral ulcer
treatment due to advanced technology made in diagnostic procedures of oral and
dental care. Growing customer awareness of the availability of mouth ulcer
treatment is the key to rising market growth in North America.
Europe is expected to drive growth in mouth ulcer treatment in the
coming years due to a rise in the incidence of an aging population suffering
from mouth ulcers.
The Asia Pacific is expected to have strong growth due to growing
government initiatives in the field of mouth ulcers and rising patients with
mouth ulcers.
The Middle East and Africa are anticipated to have the lowest market
share in the global market for mouth ulcer treatment due to a lack of advanced
technologies and inadequate medical facilities in emerging economies in the
region.
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Overview:
The
global distraction
osteogenesis devices market share, as revealed by Market Research Future
(MRFR) in their latest report, is expected to gain substantial CAGR during the
forecast period (2018-2023). Distraction osteogenesis is a medical procedure
that involves reconstructing any skeletal deformities. The process is also
known as callotasis, callus distraction, osteodistraction, and distraction
histogenesis. Distraction osteogenesis devices find profound application in
orthopedics, maxillofacial, and oral surgery.
Major
factors impacting the distraction osteogenesis devices market are rising cases
of genetic disorders, advancement in technology such as miniaturization of
equipment, rising per capita income can significantly boost the market.
However, failure in following distraction protocol and damages to nerves can
restrain the distraction osteogenesis devices market from having an easy growth
during the forecast period.
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Competitive Landscape:
The
global distraction osteogenesis devices market includes several influential
players to get a better overview of the market dynamics. MRFR, in their report,
enlisted these names and covered their recent updates for a better profiling.
These companies are Zimmer Biomet Holdings, Inc., Johnson & Johnson
Services, Inc., KLS Martin Group, Stryker Corporation, Acumed LLC, Osteomed,
Jeil Medical Corporation, Ortho Max Manufacturing Company Pvt. Ltd.,
Ortho-Care, Ningbo Cibei Medical Treatment Appliance Co., Ltd. and Titamed.
Segmental Analysis:
MRFR’s analysis of the global distraction
osteogenesis devices market is based on device type, age, application, and
end-user. This segmentation aims at providing a better overview of the market
prospects.
Based on the device type, the distraction
osteogenesis devices market can be segmented into mandibular distraction
devices, palatal distraction devices, alveolar distraction devices,
craniofacial distraction devices, Lefort distraction devices, small bone
distraction devices, and others. The market, based on craniofacial distraction
devices, includes external and internal distractors. The external distractors
segment includes bidirectional distractors, unidirectional distractors, and
multiplanar distractors. The internal distractors segment encompasses
bone-borne distractors, tooth-borne distractors, and hybrid distractors.
Based on the age, the distraction osteogenesis
devices market can be segmented into pediatrics and adults.
Based on the application, the distraction
osteogenesis devices market can be segmented into podiatry, dentistry,
orthopedics, and others.
Based on the end-user, the distraction osteogenesis
devices market includes hospitals, orthopedic clinics, and others. The
hospitals segment is having considerable growth.
Regional Analysis:
Based on the region-specific segmentation, MRFR
includes in their analysis of the distraction osteogenesis devices market,
namely, North America, Europe, Asia Pacific (APAC), and the Middle East &
Africa (MEA).
The market in the North America is depending much on
the investment in research and development sector. At the same time, a robust
healthcare sector is providing much opportunity to the market for expansion.
High investment capacity of the region is also a promising sign for the
regional market growth. The presence of several market titans is also giving
the region much-needed boosts.
Europe is the second-largest market and its growth
depends much on the features that are quite similar to that of North America.
Government initiatives and private investment in the region are funding
research and development sector helping them in launching new products and take
the regional market ahead.
The APAC region is getting much favor from China and
India and these two countries are impacting much by having their healthcare
sector revamped. In addition, several major companies are investing in the
region to expand their market. The region is luring them in with subsidies and
affordable labor that would increase their profit margin. The regional growth
is expected to be the fastest amidst its peers during the forecast period.
The MEA market is expected to be one of the least
profitable regions. The Middle East is advancing with countries like Saudi
Arabia and others spending much in the development of the structure. But
Africa, due to the presence of poor economies would lack growth.
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