Medical Billing Outsourcing Market - Global Industry Growth, New Opportunities and Forecast – 2027

 Medical Billing Outsourcing Market

The growing emphasis on compliance and risk management and global expansion of some of the key players are some of the key factors driving the Medical Billing Outsourcing Market. In 2016, Allscripts acquired Core Medical Solutions, to increase its offerings in Australia. Allscripts currently supports more than 85 hospitals throughout Australia.

Various other factors such as rising healthcare expenditure, increasing government support, and technological advancements are also expected to propel the growth of the market.

The global Medical Billing Outsourcing Market  is expected to grow at an approximate CAGR of 12.5% during the forecast period.

However, increasing legislative & regulatory pressure, untapped emerging markets,

Major Key Players:

Some of the key players in the global Medical Billing Outsourcing Market are R1 RCM Inc., Allscripts, Cerner Corporation, EClinical Works, Experian Information Solutions Inc., GENERAL ELECTRIC COMPANY, Genpact, HCL Technologies Limited, Kareo, Inc., McKesson Corporation, Quest Diagnostics Incorporated, The SSI Groups Inc, and others.

Regional Analysis

The Americas dominated the global market for medical billing services owing to the increasing healthcare expenditure, the presence of major market players, and rising adoption of medical billing outsourcing software by the hospitals within the region. It was found that around 80% of hospitals considering outsourcing full revenue cycle management by 2019. Moreover, in 2018, AdvancedMD announced the availability of ePayments, which facilitates to collect outstanding patient balances and reduce aging A/R more quickly and conveniently.

In 2017, it was estimated that Europe stood second in the global Medical Billing Outsourcing Market. This can be attributed to the increasing need to make billing processes efficient.

Asia-Pacific was the fastest growing region in 2017. Emerging economies, such as Singapore, Australia, India, and China, are the most lucrative markets due to the increasing patient pool and improving healthcare facilities. The increasing awareness about medical billing software and their growing importance coupled with the supportive government programs and policies are going to boost up the market.

On the other hand, the Middle East and Africa held the least share in the global Medical Billing Outsourcing Market due to the lack of healthcare awareness, and lack of advanced technology. However, Saudi Arabia and the UAE lead in terms of market shares in this region because of a good economy, skilled medical professionals, and accessibility to modern technology thus, contributing to the steady growth of the market in the Middle Eastern and African region.

Segmentation

The global Medical Billing Outsourcing Market is segmented based on product, material type, application, end user, and region.

The global market for medical billing outsourcing, by component, is segmented into outsourced and in-house. The outsourced segment is anticipated to hold the largest market share owing to the rising adoption of medical billing software by hospitals. 

Based on service, the market is segmented into front end, middle, and back end. The front-end services, usually, includes preregistration, registration, eligibility, scheduling, pre-authorization, etc. Due to the market saturation, front-end services segment is facing decline.

Based on end user, the market is segmented into hospitals, physician’s office, and others. The hospitals segment is expected to hold the largest market share due to rising cases of diseases.

About Market Research Future

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

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact Us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com

Proteomics Market 2022: Size, Share, Drivers, Restraints, Analysis and Forecast-2030

 Proteomics Market

Proteomics is a science which is used to estimate the rate of protein production, interaction of proteins with one another, involvement of proteins in metabolic pathways, and modification of proteins. Also, it has extensive applications in drug discovery, development of personalized medicines, and identification of markers for disease diagnosis.

The Global Proteomics Market is anticipated to hold a market value of USD 108907.44 million in 2030 and is expected to grow at a CAGR of 16.30% during the forecast period.

Increasing need for personalized medicine, R&D expenditure, technological advancements and increased funding for proteomics project are expected to drive the market growth over the forecast period. For instance, in July 2017, Biognosys AG received USD 5 million funding from its new as well as existing investors. These new funds will be used for extending commercial operations and also to accelerate the development of next generation proteomics workflows.  However, reduced funding in key markets of proteomics, high cost of tools & equipment and lack of skilled researchers can restrain the market growth over the assessment period.

Major Key Players:

Some of the prominent players in the global proteomics company are GENERAL ELECTRIC COMPANY, Bio-Rad Laboratories, Inc., Danaher, Siemens Ltd., Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Genzyme Corporation, Biognosys AG, Bruker, Luminex Corporation, Merck KGaA, PerkinElmer Inc., WATERS, Caprion Biosciences Inc. and Others.

Segment Analysis

The global proteomics market has been segmented into equipment, services and application.The market, on the basis of equipment, has been segmented into chromatography, mass spectroscopy, protein microarray, X-ray crystallography, protein fractionation and others.The global market, on the basis of services, has been segmented into laboratory services and data analysis & services.

The global proteomics market, by application, has been segmented into drug discovery, clinical diagnosis and others. The clinical diagnosis segment is expected to hold the largest market share owing to the increased understanding of the relevance of investigating and understanding patterns of protein expression for diseases & drug development. The drug discovery segment is anticipated to grow at the fastest CAGR owing to continuous search for alternative & efficient methods to deliver enhanced drugs and increased R&D investments by pharmaceutical & biotechnology companies.

Regional Analysis

Geographically, the Americas is expected to dominate the global market owing to the easy availability of funds from various organizations and rising interest in personalized medicines. According to the Personalized Medicine Coalition, number of available personalized medicines increased to 113 in 2014 from 13 in 2006. Europe is expected to hold the second largest position in the global market owing to the rising cancer research activities and high funding from the government. Asia-Pacific is expected to be the fastest growing market owing to the high prevalence of cancer and rising healthcare expenditure. Moreover, the Middle East and Africa region is expected to account for the least market share in the global market.

About Market Research Future

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

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com

Bioburden Testing Market, Size, Share, Growth, Business Risk & Industry Analysis Reports 2027

 Bioburden Testing Market

Bioburden testing refers to an estimation of microbial load on a medical instrument, raw material, packaged goods among others. Several factors such as rising medical spending, increasing food safety concerns and growing product recalls due to microbial contamination are projected to drive the growth of the market.

The Global Bioburden Testing Market is expected to register a CAGR of Approx. 9.15% during the forecast period with an estimated market value of USD 455 million.

On the other hand, high costs of microbial enumeration instruments and complex and time-consuming regulatory standards in some economies may curb the market growth during the assessment period. Moreover, test reports and certificates tend to be different from one country to another which hampers international trade. Therefore, in December 2017, International Organization for Standardization (ISO) published a new edition of ISO/IEC 17025 standard. This standard is an international reference for laboratories carrying out calibration and testing activities around the world. ISO/IEC 17025 helps facilitate cooperation between laboratories and other bodies by creating widespread acceptance of results between countries.

Major Key Players:

Some of the key players in the global bioburden testing market are WuXi AppTec, Charles River, SGS SA, Merck KGaA, NORTH AMERICAN SCIENCE ASSOCIATES INC., Becton, Dickinson, and Company, Nelson Laboratories, LLC, Pacific Biolabs, ATS Laboratories, Inc., and Dynatec Labs.

Segment Analysis

The global bioburden testing market has been segmented into test type, product type, application and end-user.

The market, on the basis of type, has been segmented into aerobic count, anaerobic count, fungi count and spore count.

The market, on the basis of product type, has been segmented into consumables and instruments.

The market, by consumables, has been sub-segmented into reagents and kits, and others.

The bioburden testing medical devices, has been further segmented into polymerase chain reaction machine (PCR), microscopes, and others.

The market, by application, has been segmented into raw materials testing, medical devices testing, in-process material testing, sterilization validation testing, and equipment cleaning validation.

The market, by end-user, has been segmented into pharmaceutical and biotechnology companies, microbial testing laboratories, and others.

Regional Analysis

The market in the Americas is expected to dominate the global bioburden testing market during the forecast period owing to the presence of well-established healthcare system, increasing healthcare expenditure, and favorable reimbursement scenario. The European market is expected to be the second-largest due to availability of funds for research from public and private sources. Moreover, the market in Asia-Pacific is predicted to be the fastest-growing during the assessment period owing to growing disposable income, and continuously developing economies. The market in the Middle East & Africa is likely to account for the smallest share of the global bioburden testing market. The market growth in this region can be attributed to the growing government initiatives.

About Market Research Future

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

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com

Vascular Grafts Market report predicts impressive growth by 2027 just published

 Vascular Grafts Market

The surging prevalence of cardiac diseases is likely to favor the market growth during the appraisal period. Vascular grafts are regarded as one of the most prominent prosthetics which are extensively used in vascular and cardiovascular surgeries due to their ability to improve vascular access.

Market Research Future (MRFR) asserts that the global vascular graft market is likely to garner USD 4.14 billion, grabbing a CAGR of 7.6% during the forecast period.

They are required to replace injured veins, blood vessels, and arteries and also substitute hard valves and vessels. Vascular grafts are introduced with the help of surgical reconstruction process. The grafts can be synthetic, semi-synthetic, or can be directly taken from the patients; body.

Major Key Players:

The prominent players operating in the global vascular graft market comprises Gore Medical (US), Cardinal Health (US), C. R. Bard (US), Terumo (Japan), LeMaitre Vascular (US), Medtronic (Ireland), Endologix (US), B. Braun Melsugen AG (Germany), Cook Medical (US), and Maquet (Germany).

Segment Analysis

The global vascular graft market has been segmented on the basis of indication, raw material, and end-user.

By mode of raw material, the global vascular graft market has been segmented into EPTFE grafts, polyester grafts, biosynthetic grafts, and polyurethane grafts, synthetic vascular grafts. Among these, the polyester grafts segment is considered to command the major share in the global market. The growth can be ascribed to the surging demand for polyester material based grafts due to its several benefits like porousness, high patency, and long lifespan.

By mode of indication, the global vascular graft market has been segmented into peripheral vascular repair, endovascular aneurysm repair, and hemodialysis access.  Among these, the endovascular aneurysm repair segment is likely to occupy the major share in the global market. The growth can be ascribed to the increased demand for endovascular aneurysms repair procedures.

By mode of end-user, the global vascular graft market has been segmented into ambulatory surgical centers and hospitals. Among these, the hospitals segment is likely to command the major share owing to the increased number of minimally invasive surgical processes in hospitals coupled with the favorable reimbursement policies especially in the developed economies.

Regional Analysis

Geographically, the vascular graft market span across regions namely, Europe, America, Asia-Pacific, and the Middle East & Africa.

Considering the global scenario, the American region is likely to dominate the global market and is likely to retain its pole position in the coming years. North America in this region is the bigger market and is likely to expand its regional market owing to the continuous support from the government for R&D activities. The presence of top market players, high availability of advanced medical facilities, surging incidences of cardiovascular diseases, chronic kidney disease, and diabetes, and the presence of high reimbursement policies are likely to contribute to the market growth in this region.

The European region occupies a significant share in the global market owing to the presence of a well-established healthcare sector. Governments in this region are highly funding for R&D activities which is further supporting its growth. Moreover, the presence of top market players, and the high availability of advanced medical facilities has further encouraged the market’s growth in this region.

The Asia Pacific region is likely to emerge as the fastest expanding market owing to the increased prevalence of diabetes and cardiovascular ailments. The improving healthcare infrastructure, surging demand for minimally invasive grafting processes, and epidemiological transition causing premature death are likely to encourage the market growth during the appraisal period.

About Market Research Future

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

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com

Digital X-rays Market Forecast to 2027 Detailed in New Research Report

 Digital X-rays Market

Digital x-ray is associated with the benefits of improved image quality, ease of equipment handling, image throughput, and most importantly, the ability to provide real-time results due to which they have gained widespread adoption among healthcare institutions. Market Research Future (MRFR) has analyzed the global; digital x-rays market to be a growing market which is anticipated to showcase substantial growth over the forecast period. Demand for efficient diagnostic technologies coupled with expanding healthcare budget across the globe has significantly driven the digital x-rays market. Chronic diseases are spreading at an alarming rate due to changing lifestyle and dietary habits which induce substantial demand for effective diagnostic methods for proper treatment. Other factors include government initiatives towards the modernization of healthcare sector and rise in the global aging population. Advancements in digital x-ray techniques, detector technology, digital image storage, and computer-aided detection have revolutionized the process of image acquisition and substantially led to the consolidation of the global digital x-rays market. Increase in a number of diagnostic centers and hospitals too bodes well for the market growth. The high incidence rate of breast cancer is also a key factor influencing the growth of the market. Growing concerns related to breast cancer has spurred the demand for breast cancer screening or mammography. The prevalent trend of procuring the latest technologies by the healthcare sector is also creating a favorable environment for the growth of the market. Furthermore, as market players are endeavoring to strengthen business capabilities, they are investing heavily in new product launches.  On the contrary, the growth of the global digital x-rays market might be hindered by high-cost low healthcare penetration in certain regions and high costs of digital x-rays which restrict market growth in price-sensitive markets.

Major Key Players:

GE Healthcare, Seimens AG, Philips Healthcare, Hitachi Medical Corporation, Samsung Medison Co. Ltd., Shimadzu Corporation, Koninklijke Philips N.V.,Toshiba Medical Systems Corporation, Fujifilm Corporation, Carestream Health, Konica Minolta Inc., Canon Inc. are the key players in the global digital x-rays market.

Segment Analysis

The global digital x-rays market has been segmented based on application, technology, portability, and end user.

By application, the global digital x-rays market has been segmented into general radiography, dental applications, fluoroscopy and mammography system market.

By technology, the global digital x-rays market has been segmented into computed radiography and direct radiography.

By portability, the global digital x-rays market has been segmented into fixed digital X-ray systems and portable digital X-ray systems.

By end user, the global digital x-rays market has been segmented into diagnostic centers and hospitals.

Regional Analysis

By region, the global digital x-rays market has been segmented into Europe, Asia Pacific (APAC), North America, and the Rest of the World (RoW).

North America is domineering the global digital x-rays market. Robust healthcare sector, high expenditure on healthcare infrastructure, and the tendency to adopt latest technologies boost the growth of the North America market. Favorable reimbursement scenario in the region also works in favor of market growth.

APAC is a significant market for digital x-rays which is likely to exhibit rapid growth over the forecast period. Expanding healthcare budgets, increasing disposable income, and increasing automation in the healthcare sector drives the APAC digital x-rays market. Increase in geriatric population and government initiatives towards the modernization of the healthcare sector creates a conducive environment for the growth of the market.

Europe market is driven by rising demand for automated healthcare services and augmented R&D activities for ten development of highly efficient medical devices by the market players in the region.

About Market Research Future

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

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com

DNA Sequencing Market Forecast to 2027 Available in New Report

 DNA Sequencing Market

DNA sequencing contains information about genetically determined illness and IQ level of human beings. Increasing adoption of precision medicines and increasing use of other applications such as biotechnology, forensic biology, virology, and molecular biology are factors which are driving the growth of this market. The rise in investment in research and development enhances the demand for DNA sequencing and hence helps to increase market growth. The enzymic method for DNA sequencing has been used for genomic research and as accurate results were obtained by this method the demand for DNA sequencing has increased. This demand has driven the development of the second-generation sequencing method.

However, the lack of reimbursement policies in various countries across the world may limit the growth of DNA Sequencing Market during the forecast period.

Major Key Players:

Some of the key players in the global DNA sequencing market are Perkin Elmer, Roche Holdings AG, Siemens AG, Illumina, Agilent Technologies Inc., Genia Corporation, Oxford Nanopore technologies, Koninklijke Philips N.V., Pacific Biosciences, Johnson & Johnson, Deep Genomics, Inc., Life Technologies, Illumina, Eppendorf, Tecan, and Thermo Scientific, Hamilton Thorne Biosciences, General Electric Company, Siemens Healthineers GmbH, Myriad Genetics, Bayer Corporation, Beckman Coulter, and others.

Segment Analysis

The global DNA sequencing market has been segmented on the basis of type, product, technology, application, and end-users. On the basis of type, the market is segmented into instruments and consumables services and workflow products. Based on product the market is segmented into sequencing services and sequencing instruments and consumables. Sequencing instruments and consumables are further sub-segmented into two types such as sequencing instruments and consumables by product type and by platform type. Sequencing instruments and consumables by product type are further sub-segmented into consumables, instruments, whereas sequencing instruments and consumables by platform type are further sub-segmented into NGS, sanger, bioinformatics, sample prep kits, and reagents. On the basis of technology, the market is further segmented into dna modifying enzymes, semiconductor sequencing, pyrosequencing, sequencing by synthesis, single-molecule real-time sequencing (SMRT), sequencing by ligation (SBL), and other technologies. On the basis of application, the market is further segmented into diagnostics, agriculture and animal research, biomarker discovery, personalized medicine, drug discovery, and other applications. Based on end-user, the market is segmented into research centers and government institutes and academia, biotechnology and pharmaceutical companies, clinics and hospitals, and other end-users.

The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East and Africa.

Regional Analysis

The market in the Americas is expected to boost the global DNA sequencing market owing to technological advancements and increasing incidences of genetic disorders among patients. Increasing investments by government organizations in the research and development of DNA sequencing are also boosting the market growth in this region. The European market is expected to be the second-largest due to government funding and support from the healthcare sector coupled with the rising prevalence of the genetic disorder. However, Asia-Pacific is projected to dominate in terms of growth rate over the forecast period owing to the rising investment towards R&D activities and unhealthy lifestyle which are resulting in an increased prevalence of cancer and other disorders. Rising geriatric population and increasing prevalence of tumor among patients in this region have a positive influence on the development of DNA sequencing market in this region.  The Middle East and Africa accounts for the smallest share due to lack of medical technology and poor medical facilities. Emerging economies such as India and China are leading to growth in the demand for DNA sequencing owing to an increasing number of healthcare awareness programs, government investments in healthcare, and favorable healthcare insurance coverage.  

About Market Research Future

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

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com

Intravenous Immunoglobulin Market - Global Industry Size, Share, Analysis and Forecast 2022 – 2027

 Intravenous Immunoglobulin Market

Intravenous Immunoglobulin (IVIg), a compound comprising of immune proteins (globulins) is administered into the bloodstream to treat patients with inefficient or damaged immune systems. IVIg provides the required antibodies by the human body to fight out the immune deficiency, and the ensuing infectious attacks.

The global Intravenous Immunoglobulin (IVIg) market has been evaluated as moderately growing market and it is expected that the market will continue to grow similarly in the near future. The demand for new products and therapy is growing continuously. The market for Intravenous Immunoglobulin (IVIg) was around US$ 5910.8 million in 2016 and is expected to grow at a CAGR of 5.9% during forecast.

Immunodeficiency disorder could be a hereditary issue (Primary disorders), or caused due to the exposure to infections, mainly through bodily fluids, along with the cancer drugs and chemotherapy, aging is one of the key risk factors too that could put someone at higher risk of a damaged immune system.

People nowadays are increasingly adopting heady & unhealthy lifestyles which mirror the prevalence of damaged immune system. Factors such as immense stress, lack of good quality sleep, inadequate & improper diet and sedentary lifestyle are fuelling the prevalence of immunodeficiency disorder and therefore, predominantly driving the growth of the market.

Major Key Players:

There are plenty of large and small market players which operate in this market: ABEONA THERAPEUTICS (US), Baxter (US), BDI Pharma (US), Biotest AG.(Germany),, China Biologic Products, Inc. (China), CSL Behring (US), Grifols Inc. (Spain), Kedrion S.p.A (us), Octapharma (Switzerland), Shire (Republic of Ireland), AND others.

Segment Analysis

Intravenous Immunoglobulin (IVIg) Market has been segmented on the basis of type which comprise Plaque psoriasis, Scalp psoriasis, Nail psoriasis, Guttate psoriasis, Inverse psoriasis, Pustular psoriasis, Erythrodermic psoriasis and others. Plaque psoriasis is most common type and about 80% of the cases are plaque psoriasis.  On the basis of ivig treatment type it segmented into Topical corticosteroids, Vitamin D analogues (Calcipotriene, Calcitriol), Anthralin, Topical retinoids (Retinol, Tretinoin (retinoic acid / retin-A /Steiva-A), Adapalene (Differin), Tazarotene), Calcineurin inhibitors (tacrolimus (Prograf), pimecrolimus (Elidel)), Salicylic acid, Coal tar, Moisturizers, and Others. Vitamin D analogs such as Calcipotriene and Calcitriol very helpful and helps to slow skin cell growth. Topical retinoids like are Retinol, Tretinoin (retinoic acid / retin-A /Steiva-A), Adapalene (Differin), Tazarotene are vitamin A derivatives that helps to reduce inflammation.

Regional Analysis

The North American region, heading with the presence of a large number of key players and a well-established healthcare sector accounts for the leading market in the global IVIg market.

The US market backed by the high expenditure on healthcare accounts for the largest contributor to the growth of the regional market. Moreover, the increasing prevalence of immunodeficiency disorder and rising demand for treatment measures provide impetus to market growth.

The intravenous immunoglobulin market in the European region accounts for the second-largest market, globally.

The IVIg market in Europe is fostered by the high per capita income and robust healthcare penetration in the region. The strong market growth in countries like Germany & France drives the regional market growth, large scale. Moreover, factors such as the increasing investments in healthcare and the rising number of patients with immune system diseases are helping the market to create a larger revenue pocket.

The Asia Pacific intravenous immunoglobulin market is expected to perceive an exponential growth. Factors such as the vast population and the burgeoning medical treatment market, especially in India & China, drive the growth of the regional market. Vietnam, Thailand, and Malaysia among the other South East Asian countries are projected to contribute significantly to the market growth in the region. With the growing Medical Tourism markets in India & Malaysia, the APAC region will register a significant CAGR during the review period.

About Market Research Future

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

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com

 

Obesity Managements Market - Global Industry Analysis by Size, Share and Forecast 2022 – 2027

 Obesity Managements Market

The global obesity managements market is growing with a swift phase; mainly due to increase in patient population and research and development done by market players to fill the gap of market. According to World Health Organization (WHO), the worldwide prevalence of obesity nearly doubled between 1980 and 2008. According to country estimates for 2008, over 50% of both men and women in the WHO European Region were overweight, and roughly 23% of women and 20% of men were obese. It is the cause of many health problems, such as obesity, heart disease, and certain cancers. Obesity leads to short- and long-term health problems for mother and her child, if she is excess weight during pregnancy.

Companies are continuously engaged in research and development process along with well know research institute for developing the best treatment of obesity and leads the market. In 2015, researchers at the University of Liverpool, working with a global health care company, have helped introduce a new treatment for obesity. After conducting the research it was found that the treatment which is a once-daily injectable derivative of a metabolic hormone called GLP-1 normally used in the type 2 obesity treatment, has proved that it help non diabetic patients in weight loss. These development help company to provide the best option for the treatment and capture the maximum share of global market.

Major Key Players:

Pfizer Inc. (U.S.), Merck Sharp & Dohme Corp., a subsidiary of Merck & Co., Inc. (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), GlaxoSmithKline plc. (U.K), AstraZeneca plc (U.K), Herbalife Ltd. (U.S.), Apollo Endosurgery (U.S.), Ethicon, Inc. (U.S.) are some of the leading players at the cutting edge of the competition in the market of Obesity Management, globally.

Regional Analysis

The market of obesity management is growing rapidly in Asia Pacific region, owing to poor diet, lack of physical activity, and unhealthy life balance. These are the factor which leads the obesity population in this region. Most of the countries of this region have common lifestyle and economic conditions, So the factor introduce above have common with in this region and leads the patient population. Government of developing countries within this region are more focusing towards new technology and advance treatment option, thus more research and development programs are initiated for the development of new drugs.  These are the factors which are fuelling the growth of the market of obesity managements with the significant rates. These advance treatment will overcome the saturation that occurs during last few years. Countries like India and china are more focused market for global market players owing to huge patient population and growing purchasing power as compare to other countries in this region. The market of obesity management is much higher in the Americas region attribute to high presence of obesity population along with developed treatment option. According to CDC, 37.9% of adults over 20 years were suffering with the obesity between 2013 and 2014 and 70.7% of adults aged 20 years and over were suffering with overweight, including obesity. These stats show the opportunity of market players within the Americas region.

 

About Market Research Future

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

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact Us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com

Patient Monitoring Devices Market | Global Market Synopsis & Forecast – 2027

 Patient Monitoring Devices Market

Patient monitoring devices market has various functions such as glucose monitoring, blood monitoring, temperature monitoring, cholesterol monitoring, weight monitoring etc. Electrocardiography is fastest growing sub-segment, it is largest in cardiac monitoring market and fastest growing in neurological device. Electrocardiography is the process that checks for problems with the electrical activity of your heart. Electrocardiography is very helpful to diagnose unexplained chest pain or pressure, cause of symptoms of heart disease, to check how well medicines are working and see if they are causing side effects that affect the heart. Increase in consumer awareness is driving the market growth which expected to grow in same pace in near future. Patient monitoring devices manufacturers trying to make more advance, accurate and innovative device to provide desirable solution.

The global Patient monitoring devices market has been evaluated as steadily growing market and it is expected that the market will continue to grow similarly in the near future. These monitoring devices continuously check patient’s vital signs by using a medical monitor.

Global Patient monitoring devices market is segment into two major segments and its sub-segments such as based on type, based on product type and based on end user. Global Patient monitoring devices market is expected to grow at a CAGR of 5.7%. North America is the largest market for patient monitoring devices while Asia-Pacific region is fastest growing. Europe is second largest market for patient monitoring device and expected to grow steadily during forecasting period.

Major Key Players:

There are plenty of large and small market players which operate in this market all over the globe. GE Healthcare, Roche Diagnostics, BIOTRONIK SE & Co. KG, Abbott Laboratories, Siemens Healthcare, Philips Healthcare, CAS Medical Systems, Inc., Spacelabs Healthcare, Honeywell International, Inc., Shenzhen Mindray Bio-Medical Electronics Co.

Segment Analysis

The global patient monitoring devices market is segmented on the basis of product type, end use, and region.

The global patient monitoring devices market is segmented on the basis of product type into wireless patient monitoring system, central monitoring stations, electrocardiogram devices, fetal and neonatal monitors, weight management monitors, temperature monitoring devices, respiratory monitors, hemodynamic monitoring devices, and portable bedside monitors.

By end user, the global patient monitoring devices market is segmented into hospitals and clinics, home care, ambulatory care centers, and others.

Regional Analysis

The global patient monitoring devices market is segmented into North America, Europe, Asia Pacific, and rest of the world.

North America is likely to dominate the global patient monitoring devices market over the forecast period due to the widespread incorporation of modern patient monitoring devices in the healthcare sector and increasing investment in the healthcare sector for the purpose of making it technologically refined and superior. The growing interest among consumers in exercising has also led to a growing demand for wearable patient monitoring devices, which is likely to drive the patient monitoring devices market over the forecast period. The growing fitness-conscious demographic is likely to remain a major driver for the patient monitoring devices market in North America over the forecast period.

Europe is also likely to hold a major share in the global patient monitoring devices market over the forecast period due to the growing popularity of wearable fitness monitors and the growing investment in the healthcare sector.

Asia Pacific is expected to exhibit the fastest growth in the global patient monitoring devices market over the forecast period due to the growing demand for patient monitoring devices in emerging regions such as China, Japan, and Korea.

About Market Research Future

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

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com

Medical Nitrile Gloves Market – Industry Share Report 2022

 Medical Nitrile Gloves Market

The global medical nitrile gloves market is expected to have a market value of USD 5,897.81 million by 2027.

Nitrile medical grade gloves are great for use in healthcare fields of any kind seeing as they protect against bodily fluids, blood borne pathogens and are highly puncture resistant. Increasing incidence of COVID-19,increasing demand and shortage of medical nitrile gloves, and the rising concerns about safety and sanitation is driving the market growth of this market.

Major Key Players:

Some of the key players operating in the nitrile gloves manufacturers are Dynarex Corporation (US)., Shield Scientific B.V. (Netherland), Mercator Medical S.A, (Poland), Hartalega Holdings Berhad (Malaysia),Top Glove Corporation Bhd (Malaysia), Kossan Rubber Industries Bhd (KRI) (Malaysia), Ansell Healthcare (US), Medline Industries, In (US), 3M (US), McKesson Corporation (US), Honeywell International Inc (US), Atrium Medical Care (US), Kimberly Clark (US), SHIELD Scientific (France), Supermax Healthcare Limited (UK).

Segment Analysis

The global medical nitrile gloves market based on the type has been segmented into non powdered, powdered. The global medical nitrile gloves market, by usage, has been categorized into disposable, reusable. Based on application, the market is bifurcated into examination, surgical. The global medical nitrile gloves market, by distribution channel, is bifurcated into direct selling, medical store. By end user, the global medical nitrile gloves market, is segmented into hospitals &clinics, diagnostic centers, Ambulatory Surgical Centers (ASCs), rehabilitation centers and others.

Regional Analysis

The global medical nitrile gloves market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World.

The North America has been segmented into market further divided into the US and Canada. The US accounted for the largest share in 2020due to the large number of patients suffering from COVID-19, the high rate of surgical procedures, and the favorable import policies in the region. In addition, the unavailability of enough manufacturers in the region is anticipated to increase the lucrativeness of the market.

The European medical nitrile gloves marke this been further segmented into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Rising government initiatives to promote norms related to safety and to find a cure to the increasing number of cases, and growing healthcare expenditure are the major factors driving the growth of the medical nitrile gloves market in the region. Major manufacturers in the region are opting to acquire a profitable product portfolio to generate steady revenues. For instance, In December 2020, Semperit AG Holding (Austria) took over M&R Dichtungstechnik GmbH (Germany), a manufacturer of profiles for facade construction based in Seligenstadt near Frankfurt, Germany

The market in Asia Pacific has been segmented into China, India, Japan, South Korea, Australia, and the rest of Asia Pacific. Asia Pacific is expected to register the highest growth rate over the forecast period from 2021 to 2027. This high growth is mainly attributed to the large-scale availability of raw materials, huge export of products from the region, shortage of exam gloves, and dependency of other countries for supplies from the region. Various other factors that influence the growth of the market include the growing cases of infections, the increasing availability of online pharmacies, and the growing number of healthcare professionals working with infectious diseases.

The Rest of the World medical nitrile gloves market is segmented into the Middle East & Africa and Latin America. The market for medical nitrile gloves is growing at a significant rate in the region due to the increasing number of companies and subsidiaries in the region offering products. The availability of glove manufacturers, importers, and suppliers in the region is anticipated to increase market size. Some of the companies in the region include NW Hygiene (South Africa), Evergreen Latex (South Africa), Medinox South Africa (Pty) Ltd, Omnisurge Medical Supplies (South Africa), Uni-medical Limited (Unigloves Nigeria), SafeMed Medical Wholesalers (Zimbabwe), Elreda (Egypt), and others.

About Market Research Future

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

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com

Bariatric Surgery Devices Market 2022: Size, Share, Analysis and Forecast-2027

 Bariatric Surgery Devices Market

Global Bariatric Surgery Devices Market is expected to register a CAGR of 5.90% during the forecast period.

Bariatric surgery involves making changes to the digestive system to help the patient lose weight

The bariatric surgery devices market is expected to be driven by the increasing prevalence of obesity, rising technological advancements, a growing number of bariatric & metabolic surgeries, and the increasing number of regulatory approvals for bariatric surgery devices. However, factors such as rising product recall in the industry and high cost of bariatric surgeries are expected to restrict the market growth during the forecast period. On the other hand, emerging markets with a high prevalence of obesity are expected to offer high growth opportunities in the market.

Major Key Players:

MRFR recognizes the following companies as the Key Players in the global bariatric surgery devices market— Medtronic (Ireland), Apollo Endosurgery, Inc. (US), Intuitive Surgical Inc. (US), Johnson & Johnson Services Inc. (US), ReShape Lifesciences, Inc. (US), Olympus Corporation  (Japan), Mediflex Surgical Products (US), TransEnterix Surgical, Inc. (US), Aspire Bariatrics (US), and Spatz FGIA, Inc. (US)  among others.  

Segment Analysis

The global surgery instruments market is segmented into type, procedure, and end user. By type, the market has been segmented into minimally invasive surgical devices and non-invasive surgical devices. The minimally invasive surgical devices are further sub-segmented into stapling devices, energy/vessel sealing devices, suturing devices and accessories. Based on procedure, the market has been segmented into sleeve gastrectomy, gastric bypass, revision surgery, adjustable gastric band, and others. On the basis of end user, the market has been segmented into hospitals, specialty centers, ambulatory surgical centers, and others.

Regional Analysis

The global bariatric surgery devices market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas is expected to hold the largest share of the global bariatric surgery devices market. This is owing to the rising obese and overweight population, increasing sedentary lifestyle, and growing demand for minimally invasive procedures. Also, increasing awareness about procedures related to bariatric surgery devices in the US, prompts market growth.

The European market holds the second-largest position in the global bariatric surgery devices market. Factors attributing to the growth of the market are the availability of minimally invasive bariatric surgery devices, the increasing launch of bariatric surgery devices and growing innovation in the medical device market is expected to drive the market growth in Europe.

Asia-Pacific is estimated to be the fastest-growing region owing to the rapidly rising per capita disposable income and availability of advanced surgical devices support the market growth. Also, the presence of a large target population in countries such as China and India are expected to boost the market growth. The growing geriatric population in Asian countries is also likely to be one of the major supporting factors during the forecast period.

The bariatric surgery devices market in the Middle East & Africa is expected to grow at a significant rate owing to growing advanced treatment facilities in the economies of the UAE and Saudi Arabia in the Middle East which drives market growth.

About Market Research Future

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

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com

Hyperspectral Imaging System Market Research Report- Forecast till 2027

 Hyperspectral Imaging System Market

According to MRFR analysis, Global Hyperspectral Imaging System Market is expected to register a CAGR of 17.4% during the forecast period

Hyperspectral imaging system has wide applications in areas such as art conservation, vegetation, water resource control, archaeology, food quality, forensic medicine, crime scene detection, and forensic medicine. HSI technology is mainly used by the defense sector, government agencies, and non-military application sectors such as agriculture and mineral.

The growth of the global hyperspectral imaging system market is boosted by various factors such as the growing industrial applications of hyperspectral imaging,  Technological advancements in electronics industry, such as sensor design, high spectral resolution, high spatial resolution, compact and lightweight devices, growing prevalence of cancer, and increasing awareness of innovative diagnostics methods.

Additionally, the introduction of innovative products in the market is expected to drive the growth of the market during the forecast period. For instance, In January 2020, Specim, Spectral Imaging Ltd. (Finland), launched Specim’s new AFX10, a compact hyperspectral camera for airborne use. Specim’s new AFX10 is easy to use and can be used to check water quality, estimating the fertilizing need in agriculture, identifying vegetation species, or studying wildlife population

However, the high cost associated with the use of hyperspectral imaging and scarcity of qualified professionals is likely to hamper the growth of the market during the forecast period.

Several market players currently dominate the global hyperspectral imaging system market. The key players are engaged in product launches and strategic collaborations to strengthen their market positions.

Major Key Players:

Some of the Key Players in the Global Hyperspectral Imaging System Market are Headwall Photonics, Inc. (the US), Specim, Spectral Imaging Ltd. (Finland), Norsk Elektro Optikk as (NEO) (Norway), Resonon, Inc. (the US), Corning Incorporated(US), Telops (Canada), Applied Spectral Imaging(US), Bayspec, Inc.(the US), Surface Optics Corporation (US), Chemimage Corporation (US), Cubert GmbH (Germany), Raytheon (US), Galileo Group, Inc.(the US), Hypermed Imaging, Inc.(the US), Inno-Spec (Germany), Camlin Group Ltd. (UK), IMEC (Belgium), XIMEA GmbH (Germany), among others.

Segment Analysis

The Global Hyperspectral Imaging System Market has been segmented based on Product, Technology, and Application.

The market, based on product, has been divided into visible/near-infrared (VNIR), short-wave infrared (SWIR), mid-wave infrared (MWIR), long-wave infrared (LWIR). The Visible/Near-Infrared (VNIR) systems segment is likely to be the largest due to the high adoption of visible/near-infrared (VNIR) systems in various industries. The mid-wave infrared (MWIR) segment is predicted to be the fastest-growing due to increasing awareness about the rising adoption of MWIR systems in detecting volcanic vents, industrial gas leaks, or biomass burning events.

The global hyperspectral imaging system market has been segmented, based on the technology, into push broom, snapshot, and hyperspectral imaging camera others. The push broom segment is anticipated to be the largest segment during the forecast period due to the rising popularity of these devices owing to the simplified illumination requirements, minimized illumination exposure, high spectral resolution, and heat load, and the shorter capturing time.

The applications segment of the global hyperspectral imaging system market surveillance, remote sensing, machine vision/optical, and medical diagnostics. The surveillance segment is likely to hold the maximum share during the forecast period due to the rising adoption of innovative technologies in the defense sector.

Regional Analysis

The Market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas held the maximum share in the year 2018, owing to the presence of established key players in countries such as the US and Canada. The hyperspectral imaging system market in the Americas has further been categorized into North America and Latin America, with the North American market further divided into the US and Canada. The European hyperspectral imaging system market has been categorized as Western Europe and Eastern Europe. The Western European market has been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The hyperspectral imaging system market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The hyperspectral imaging system market in this region is anticipated to be the fastest growing during the assessment period due to the rising mining activities, and blooming healthcare, agriculture, and biotechnology sector in the region. The hyperspectral imaging system market in the Middle East & Africa has been divided into the Middle East and Africa.

About Market Research Future

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

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com

Organ-on-a-chip Market Research Report - Global Forecast till 2027

 Organ-on-a-chip Market

According to MRFR analysis, Organ-On-a-Chip Market is expected to register a CAGR of 53% during the forecast period.

Organs-on-chips (OOCs) are small plastic devices with biocompatible microfluidic chambers, which contain multiple live human cells in a 3D culture that simulate crucial physiological functions of body organs. These cells are placed in an environment that artificially replicates aspects of the human body, such as morphology, movement, flow, electrical stimuli, and liquid gradients.

The global organ-on-a-chip market is growing owing to various reasons, such as an increase in the number of collaborative sales agreements between pharmaceutical companies and university spin-offs and the availability of advanced models of OOCs in the market. The anticipated launch of advanced organ-specific models and human-on-chip models is expected to further increase the growth rate of this market during the review period.

Grants by government and non-government entities have been the key drivers for the global OOC industry to date. The ability of OOC models to reduce drug development costs drastically will be a key market driver, which is also expected to fuel market growth. However, stringent drug regulatory processes constitute a significant restraint for the widespread use of OOCs by pharmaceutical companies. Drug regulatory authorities scrutinize the preclinical and clinical investigational data of a drug molecule to validate and approve it. The data generated by testing the drug in animal models and humans are required for the drug approval process.

At present, the regulatory authorities do not consider the data obtained by testing the drugs on OOCs sufficient for approval. Data predicting the efficacy of a drug molecule obtained by the chips can be submitted but only along with the trial data from animal and human subjects for the approval process. These drug regulations limit the use of OCCs by end-users are expected to hinder the growth of the global organ-on-a-chip market.

Several market players currently dominate the global organ-on-a-chip market. The key players are involved in product launches and acquisitions to strengthen their market positions.

Major Key Players:

Some of the key players in the Global Organ-On-a-Chip Market are CN Bio Innovations Limited (UK), Emulate, Inc. (US), TissUse GmbH (Germany), MIMETAS BV (Netherlands), Hµrel Corporation, Nortis, Inc. (US), InSphero (Switzerland), TARA Biosystems, Inc. (US), Axosim (US), Organovo Holdings Inc. (US), BioIVT (US), and HemoShear Therapeutics, LLC (US).

Segment Analysis

The global organ on a chip market has been segmented based on organ type, application, and end-user.

The global organ-on-a-chip market has been segregated, based on organ type, into lung-on-chip, heart-on-chip, liver-on-chip, intestine-on-chip, kidney-on-chip, skin-on-chip, blood-brain barrier-on-chip, human-on-chip, and others.

The market based on application has been branched into drug discovery, toxicology research, and others. The drug discovery segment is expected to hold the largest share of the market due to the increased application of OOCs by pharmaceutical companies in drug discovery and clinical trials for the different chronic therapeutic areas. The toxicology research segment holds the second-largest share owing to increased R&D, government initiatives and funding for research institutes, and universities on OOCs in toxicology research and drug testing.

By end-user, the market has been classified as pharmaceutical companies, research organizations, and others. The pharmaceutical company’s segment is the largest segment owing to the rise in the number of pharmaceutical companies using OOCs for their R&D and drug toxicity and efficacy testing. The research organization segment is the second-largest segment owing to major universities, research organizations, non-profit research centers that are focusing on the application of OOCs in drug toxicology testing. For instance, the Wyss Institute received almost USD 5.6 million in grant money from the US FDA to use its organ-on-chip technology to test human physiological responses to radiation and to evaluate drugs designed to counter those effects in 2017.

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is expected to be the largest market owing to the high prevalence of chronic diseases. The organ-on-a-chip market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European organ-on-a-chip market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The organ-on-a-chip market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific.

Asia-Pacific is the fastest-growing region in the market. This is mainly due to the increased application of OOCs for drug screening for the treatment of various chronic diseases and a supportive regulatory framework in Asia-Pacific. Such favorable factors are expected to boost market growth during the forecast period.

The organ-on-a-chip market in the Middle East & Africa has been divided into the Middle East and Africa.

About Market Research Future

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

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com