Anti-viral drugs Market - Global Industry Analysis by Size, Share and Forecast 2021 – 2027

 Anti-viral drugs Market 2021

Anti-viral drugs are used to treat viral infections and are the only agents acting against viruses as either other drugs are ineffective or too toxic. The market segment of anti-viral drugs is driven by factors such as rise in healthcare expenditure, growing research and development investment, emergence of virus life-threatening diseases like bird flu, strong development pipeline and increasing incidence rates of viral infections particularly HIV. WHO has estimated that in 2015 about 36.7 million people are suffering from HIV/AIDS with 1.1 million deaths occurring due to AIDS-related illness the emergence of donor funding in the treatment of the disease has also increased the demands of anti-viral drug market. Strong research pipeline coupled with rise in research and development investment will be the market driver of the future.

The constraints on the market include side effects associated with treatment, the cost of the therapy and poor efficacy and effectiveness of the drugs.

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Major Key Players:

The major participants of this market are: Johnson & Johnson, Merck & Co. Inc., Gilead Sciences Inc., Hoffmann-La Roche Ltd., GlaxoSmithKline Plc, Abbott Laboratories, Novartis International AG, AstraZeneca AB, Cipla Inc. and others.

Regional Analysis:

Depending on geographic region, Anti-viral drugs Market is segmented into four key regions: America, Europe, Asia Pacific, and Middle East & Africa. Globally, America is the largest market for anti-viral drugs with Europe tied for the second space. Asia Pacific region is expected to be fastest growing region in Anti-viral drugs Market. 

Market Segmentation:

Global Anti-viral drugs Market has been segmented on the basis of on the basis of application, which comprises hepatitis, HIV/AIDS, herpes, influenza and others. On the basis of mechanism of action; market is segmented into nucleotide polymerase inhibitors, reverse transcriptase inhibitors, protease inhibitors and others.

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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.

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Medical Supplies Market, Get Market Research, Business Risk & Industry Analysis Reports 2027

 Medical Supplies Market 2021

Advanced technologies in healthcare have ensured better treatment facilities and percolated to diverse strata of the society widening the business opportunity of the medical supplies market. The last few decades have witnessed considerable growth in the market owing to healthcare reaching the farthest corners of the world. Simultaneously, changing lifestyle has triggered an erratic schedule and food habit which has given rise to health issues. Geriatric population is also on the rise who are always prone to new diseases and sometimes requiring longer care. Latest technical developments such as minimally invasive surgeries are creating an open ground for medical supplies to fill in the gap and expand the business. The last to impact the most this sector is the prevalence of chronic diseases. But medical supplies are substantially backing up the healthcare system in resisting the onslaught of these issues. In the process, the market is also increasing. Market Research Future reveals in a detailed analysis that the global medical supplies market can reach up to a valuation of USD 132 billion during the forecast period (2013-2022).  

On the flip side, the market has a strong probability of facing strict government policies to ensure the highest level of patient safety which can hold back the smooth going of the market growth during the forecast period.

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Major Key Players:

Some of the key players in this market are Boston Scientific Corporation (U.S.), Medtronic plc (Ireland), B. Braun Melsungen AG (Germany), 3M Company (U.S.), Thermo Fisher Scientific Inc. (U.S.), Johnson & Johnson (U.S.), Baxter International Inc. (U.S.), and Halyard Health, Inc. (U.S.) and others.

Segmentation:

The global medical supplies market can be segmented by type, application, and end-users.

Based on type, the market can be segmented into infusion products, blood collection tubes, wound care products, dialysis consumables, surgical drapes, adult incontinence products, blood glucose test strips.

Application-wise segmentation includes urology, wound care, anesthesia, and sterilization.

Based on end-users, the market comprises hospitals, clinics, and nursing homes.

Regional Analysis:

Region-specific analysis of the market comprises namely North America, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).

North America is reigning supreme as the major market players are mainly based out of this region. The region has a highly advanced setup for healthcare, and the technical expertise of the professionals is commendable which is helping the region to emerge as the best market. Europe is fast catching up as the region shows similar traits in implementing advanced technologies.

The APAC is the fastest growing region as the emerging economies are investing heavily in the healthcare sector. Furthermore, many countries in the region have upped their status as a medical tourism destination which is also influencing the growth of the said market in the region. However, the MEA will have only a steady growth as the region has limited healthcare expansion due to lack of infrastructure.

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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.

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Anti-epilepsy Drugs Market Statistics, Trends, Segmentation Analysis and Forecast to 2027

 Anti-epilepsy Drugs Market 2021

Epilepsy is a chronic disorder that causes unprovoked and recurrent seizures. Epilepsy is the fourth most common neurological disorder and affects people of all ages. The patients are reported to loss or disturbance of consciousness and movements along with sensory or psychiatric disturbances. Increasing prevalence of the epilepsy, rising per capita healthcare expenditure and increasing R&D for the therapeutic procedures of the disease drives the market growth during the forecast period, 2017-2022. According to the World Health Organization in 2017, approximately 50 million people across the globe have epilepsy, making it one of the most common neurological diseases globally. Moreover, it was estimated that nearly 80% of the people with epilepsy live in low- and middle-income countries. Additionally, approval of several late-stage pipeline molecules, advancements in drugs modification and favourable government initiative fuels the market growth. However, side effects related to the therapeutic drugs, increasing generic competition and patent expirations are some of the restrains that for the growth during the forecast period.

The global anti-epilepsy drugs market is growing with the sound pace. According to a recent study report published by the Market Research Future, The global anti-epilepsy drugs market is booming and expected to gain prominence over the forecast period growing rapidly .The market is forecasted to demonstrate a sound growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2022).

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Major Key Players:

Pfizer, Inc., Johnson & Johnson, UCB Pharma Ltd., Abbott, GlaxoSmithKline plc, Novartis AG, Sanofi, Shire Pharmaceuticals Limited and Cephalon Inc., are some of the prominent players at the forefront of competition in the Global Anti-epilepsy Drugs Market and are profiled in MRFR Analysis. 

Competitive Analysis

Characterized by the presence of several well-established and small players, the global anti-epilepsy drugs market appears to be highly competitive and fragmented. International players who are increasingly expanding their footprint in the developing economy, making it difficult for regional vendors to compete with them, especially in terms of features such as product differentiation, product portfolios, quality, and pricing.  The market is witnessing intensified competition which is expected to get more intensified further during the forecast period. The intense competition prevalent in the market dictates the consolidation among marketers.

Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position.

Pfizer Inc. is one of the major players of the global anti-epilepsy drugs market and is headquartered in the U.S. In 2015, the company’s total revenue was about USD 48,851 million and it reached USD 52,824 million in 2016. Such a significant increase in the global sales, enabled the company to invest a huge percentage of their sales into the research and development. In 2016, the company spent 14.9% of its total revenue into the R&D enabling it to improve its product portfolio and launch new product, strengthening its position in the market.

In October 2016, Abbott has collaborated with Celgene and Agios for diagnostic identification of IDH mutations. Celgene has done an agreement with Abbott to develop and commercialize the diagnostic tests.

In November 2016, Novartis acquired Selexys Pharmaceuticals Corporation, a company specializing in development of therapeutics in certain hematologic and inflammatory disorders.

In August 2017, Sanofi completed the acquisition of Protein Sciences, a vaccines biotechnology company based in Meriden, Connecticut in the United States. This acquisition was followed by the Federal Trade Commission approval, having met all the conditions required for the closing of the transaction.

Regional Analysis:

On the regional backgrounds the Americas leads the global market for anti-epilepsy drugs owing to a well-developed healthcare sector, increasing prevalence of epilepsy and presence of the developed technologies within the region. According to the Centres for Disease Control and Prevention, in 2015, 1.2% of the total U.S. population had active epilepsy. Moreover, it was estimated that the yearly total direct and indirect cost of epilepsy in the U.S. was about USD 15.5 billion. Europe is second in the market due to rising healthcare expenditures, huge patient population and growing healthcare R&D expenses by the government. The Asia Pacific region is the fastest growing region due to the developing economies like India and China which are increasing their healthcare expenditures and have huge patient population. Moreover, favourable government policies within the region fuels the market growth. Middle East and Africa have the least market share, especially due to the presence of poor economies and stringent government policies within the African region.

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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.

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Biopsy Devices Market, Get Market Research, Business Risk & Industry Analysis Reports 2027

 Biopsy Devices Market 2021

The rising call for for accurate diagnosis which is complemented by the surge in the number of ailments is advancing the demand for biopsy devices positively. Reports that gauge the medical device industry have been made available by Market Research Future, which creates reports on several industry verticals that review the market growth and prospects. The Biopsy Devices Market is anticipated to develop at CAGR of 6.4% approximately while amassing incomes worth USD 2.4 Billion in the period of the forecast.

The intensified detection rate of cancer cases is raising the reliance on biopsy devices to get an accurate analysis within a shorter period. Moreover, the increasing demand for high-quality diagnostics is expected to encourage the development of the biopsy device market in the forecast period.

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Major Key Players:

The central players in the biopsy device market are BD, Scion Medical Technologies, LLC. (UK), Cook Medical, Hologic, Inc., Leica Biosystems, Precision Biopsy, LLC, Argon Medical Devices, Inc., C. R. Bard, Inc. Integra LifeSciences Corporation,Creganna, Focal Therapeutics, Inc., and others.

Competitive Analysis

A significant ascent in the number of promoters in the market is estimated to craft a beneficial state of affairs for the development of the market in the projected period. The market is expected to exhibit an increased growth momentum due to the presence of positive market growth indicators. The synchronization achieved in terms of the micro and macro growth factors is projected to strengthen the market’s expansion further.The amplified demand levels prevailing in the market are expected to induce a sustainable business environment fostering constructive progress.The favorable alignment of the consumer buying patterns is expected to increase the rate of advancement of the market. The positive shift in regulations in the market is anticipated to create a conducive environment for progress in the coming years. The incidence of favorable market prospects is anticipated to further create profitable growth outcomes in the market.

Regional Analysis:

The region-based review of the biopsy device market is carried out on the basis of regions such as the Middle East, North America, Africa, Asia Pacific, and Europe. The North American region is the chief market for biopsy devices. The North American regional market for biopsy devices is projected to achieve USD 2.4 billion by the end of the forecast period. Also, the European region is the secondlargest market for biopsy devices. The Asia Pacific region is projected to be the fastest rising region in biopsy devices market during the forecast period.

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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.

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Global Bioprocess Technology Market, Opportunities, Top Key Players and Forecast to 2027

 Bioprocess Technology Market 2021

The global bio-process technology market to experience significant growth during the forecast period (2017-2022), reports Market Research Future (MRFR) in an elaborate study. The technology allows the derivation of living cells or their components to utilize it in a vast array of treatments to attain the planned result. Healthcare sector has been experiencing some significant revamping owing to such advanced technology, and the market is touted to experience the benefits during the forecast period.

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Major Key Players:

Merck Millipore (Germany), Thermo Fisher Scientific, Inc. (U.S.), Becton, Dickinson and Company (U.S.), Danaher Corporation (U.S.), Lonza Group AG (Switzerland), Sartorius Stedim Biotech S.A (France), Corning, Inc.(U.S.), Bio-Rad Laboratories (U.S.), and Charles River Laboratories (U.S.).

Segmentation Analysis:

The global bio-process technology market can be segmented by type, application, and end-users.

Type-based segmentation includes cell culture, cell expansion, flow cytometry, cell line development and virus infiltration. Cell culture is a segment that is enjoying popularity across the world owing to its diverse application in various sectors. The segment is spearheading the market due to its necessity in treating multiple chronic diseases.

Application-wise, the market comprises biopharmaceuticals, specialty products, industrial chemicals and environment management aid. Biopharmaceuticals are prospering much as various medicines used in curing several diseases ranging from the most common ones to chronic diseases are products of such technological advancements. Furthermore, petrochemicals are going to boost the demand for industrial chemicals in the coming years.

Based on end-users, the market consists hospitals, research labs and centers, medical institutions and others. With increasing government and private funding, research labs and centers are extensively investing themselves in developing new products that can take various associated industries miles ahead.

Regional Analysis:

Region-wise, the market comprises namely North America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

North America is currently leading the market in terms of generating revenue. Academic researches and extensive sales of biopharmaceutical products are contributing much to the progress of the region. Well-developed manufacturing facilities and research laboratories in countries such as the U.S. and Canada are proving beneficial for the market.

The APAC is expected to become the fastest growing region during the forecast period. Rising population and the integration of advanced technologies in the healthcare sector are impacting the market significantly. The biotechnology industry is also expanding at a considerable rate.

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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.

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Global Orthopedic Trauma Devices Market, Opportunities, Top Key Players and Forecast to 2027

 Orthopedic Trauma Devices Market 2021

Market Research Future (MRFR) studied the global orthopedic trauma devices market 2021 for the review period till 2022. According to MRRF study, the orthopedic trauma devices market is expected to register 8% CAGR during the analysis tenure. By 2022, the market of orthopedic trauma device can earn substantial revenue.

Rise in number of trauma cases associated with road accidents and related causes can fuel the orthopedic trauma device market growth. Increase in geriatric people also contribute to the growth of the worldwide orthopedic trauma devices market owing to the high susceptibility of the group to bone fractures resulting from orthopedic complications. The rising number of people that are interested in some type of sport owing to the increase in awareness about one’s health status, can accelerate injuries that are associated with sport. Thus, can have a knock-on effect on the size of the global market orthopedic trauma device market. In addition, a handful of companies involved in the marketing and development of orthopedic trauma devices are observed to lead to the market and open growth opportunities.

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Major Key Players:

Some of the key players in this market are: Invibio (UK), BIOTEK (India), DePuy Synthes Companies, Ortho Max Manufacturing Company Pvt. Ltd., Auxein Medical (India), Stryker, Johnson & Johnson Services, Inc. (US), Smith & Nephew, MEDTRONIC, B. Braun Melsungen AG and others.

Segmentation Analysis:

The global orthopedic trauma device market is segmented on the basis of material type, product type and end-users.

The material types in the market are bio-absorbable materials, non-absorbable materials and others. The applications of bio-absorbable implants in orthopedic surgery are primarily mandated from the need to eliminate implant removal operations, thus gaining widespread popularity among orthopedic surgeons. Consistent development and product enhancement have given significant push to the bio-absorbable materials segment in the global market.

The product types in the global market are screws, plates, patient specific implants and others. The market for screws is expected to retain a massive share of the market due to favorable reimbursement policies and its wide array of applications in orthopedic surgeries. Moreover, benefits of orthopedic screws make them highly favorable, such as non-interference with MRI, decreased incidence of graft laceration and do not need implant removal. The end-users in the global market include hospitals, rehabilitation centers, clinics and others.

Regional Analysis:

Globally, North America currently occupies the largest market for global orthopedic trauma devices market Size and is bound to secure its top position in the global market throughout the forecast period. Soaring use of bio-absorbable plates and screws is mainly fuelling the orthopedic trauma devices market in the region. Also, the region is witnessing robust sales of hybrid plates and screws, which will work in favor of the market growth in coming years. On top of that, intramedullary nails are steadily gaining traction in the majority of orthopedic surgeries owing to their increasing popularity as an ideal orthopedic trauma device for various anatomies, in the region.

Closely following the North America region stands the region of Europe, securing the second position in the global orthopedic trauma devices market Share. Trending incorporation of robotics technology during orthopedic surgeries is presumed to push the market in the region. The market also thrives on the back of constantly flourishing medical industry with well-established healthcare infrastructure.

According to the report, the Asia Pacific region is projected to be the fastest growing market. On the backdrop of an expanding market in developing nations in the region, flourishing medical tourism will continue to trigger the market for orthopedic trauma devices. Moreover, growing preference for minimally invasive fixation is expected to provide a tremendous thrust to the regional market as well. Growing geriatric population and increasing number of cases of injuries and road accidents also help the market captivate the region to a large extent.

The Middle East and Africa markets are exhibiting a positive outlook in terms of market expansion. This can be attributed to manufacturers consistently investing in research and development (R&D) activities to develop innovative and efficient devices, to cater to the growing demand. Large number of R&D activities is presumed to ensure enhanced growth opportunities during the forecast period. Moreover, increasing awareness regarding availability of innovative products among patients is pushing the market to higher levels in the region.

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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.

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Spinal Implants Market - Global Industry Analysis by Size, Share and Forecast 2021 – 2027

 Spinal Implants Market 2021

Placement of Spinal Implants is considered as the final option in the treatment of treat severe back pain, and spinal injuries cases. Spinal implants play various roles in both, during spinal fusion surgery and without it such as to facilitate the fusion of two vertebrae, improve the stability of the spine, strengthen the spine and correct any deformities.

Accident and trauma cases along with hyper-obesity disorders drive the demand for spinal implants, causing severe spinal injuries. The augmented demand leads the market growth of spinal implants, increasing the market size. Resultantly.

During the past couple of decades, with the technological advancements, Spinal Implants have undergone several bettering transformations for instance - Expandable Interbody or Resorbable Implants, attributing to the market growth. With each innovation and bettering efforts, Spinal Implants Market has garnered prominence & value on the global platform.

Considering the phenomenal growth the market is witnessing, Market Research Future (MRFR) in its recently published study report mentions that the market is expected to further accrue by 2023, growing at a CAGR of 5.5% during the review period 2017-2023.

Technological advancements transpired into the medical technology is dominant driving force behind the growth of the Spinal Implants market. Worldwide, several researches are ongoing wherein scientists & surgeons are relentlessly working to develop and refine implants that can offer the best results to the patients and improve their quality of life as well.

As a result of these research activities, some phenomenal advances have taken places into the field of spinal implants. Such as the innovation of hook, rod and screw systems that allow surgeons to correct spinal deformities with the 3D view; the development of special plates and cages that promote spinal fusion; and the emergence of sturdy miniature implants for children among various other. These efforts have paid off well fuelling the market growth, increasing the uptake of these implants extensively.

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Major Key Players:

Some of the leading players operating in the global Spinal Implants Market are Depuy Synthes Inc. (Johnson & Johnson) (US), Medtronic, plc. (Ireland), Stryker Corporation (US), Zimmer Biomet Holdings, Inc. (US), NuVasive, Inc. (US), Globus Medical, Inc. (US), Orthofix International N.V. (Netherlands), Alphatec Holdings, Inc. (US), K2M Group Holdings, Inc. (US), Amedica Corporation (US), RTI Surgical, Inc. (US), Exactech Inc. (US), LDR Holding Corporation (US), Integra LifeSciences (US), Quandary Medical LLC (US), Alliance Spine (US), AESCULAP (US), Apollo Spine (US), Ascendx Spine (US), Premia Spine (Israel), A-Spine (Taiwan), Accel Spine (US), Back 2 Basics Spine (Canada), SI-BONE (US), Centinel Spine (US), Captiva Spine Inc. (US), Life Spine (US), NLT Spine (US), SpineGuard (France), Paradigm Spine LLC (US), Reliance Medical Systems (US), Precision Spine (US), Spinal Solutions Inc. (US), Spineart Geneva SA (Switzerland), and Spine Frontier (US)

Segmentation Analysis:

MRFR analysis is segmented into four key dynamics:-

By Products         : Comprises Spinal Fusion Devices (thoracolumbar, cervical fixation, and interbody fusion devices, others.), Non-Fusion Devices, Spinal Bone Stimulators, and Vertebral Compression Fracture (VCF) treatment devices, among others.

By Materials        : Titanium, Titanium-Alloy, Stainless Steel, and Plastic among others.

By Procedures     : Open Surgeries and Minimally Invasive Surgeries (MIS) among others.

By Regions                    :  North America, Europe, APAC and Rest-of-the-World (RoW).

Regional Analysis:

Globally, North America accounts for the leading market for Spinal Implant. Countries like U.S. and Canada play a vital role in the growth of this market. Factors such as the technological innovation, advancement in manufacturing processes, and contribution of nanotechnology, substantiate the market growth. Higher per capita healthcare expenditures and rising R&D funding to develop new techniques are some of the major factors supporting the growth of the market in the region. Europe is expected to be the second-largest market, demonstrating a phenomenal growth throughout the forecast period. Factors such as the financial support from the government for research and development activities, the increase in geriatric population and the increasing demand for spinal implants and devices for the treatment of spinal disorders in the region drive the market growth.  Furthermore, the Asia Pacific Spinal Implants Market Size is emerging as one of the lucrative markets. Rising cases of obesity disorders, increasing healthcare expenditure, increasing government funding, and the presence of a large patient population, along with the growing awareness about novel spine treatment techniques in the region are the major driving forces for the growth of the market.

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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.

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Hearing Screening and Diagnostic Devices Market 2021: Size, Share, Analysis and Forecast-2027

 Hearing Screening and Diagnostic Devices Market 2021

The Global Hearing Screening and Diagnostic Devices Market is poised to touch a valuation of USD 994.98 million by 2023, as per the latest report by Market Research Future (MRFR). The ever-expanding geriatric populace, increasing noise pollution levels, and technological advances of audiology devices are factors expected to drive the market growth from 2018 to 2023 (forecast period). Rising prevalence of diseases such as cancer, orthopedic diseases, and gastrointestinal problems can culminate in hearing loss. This provides a growth opportunity for the market.

Rapid urbanization coupled with migration to cities has contributed to high noise levels. According to the World Health Organization (WHO), around 1.0 to 1.6 million were affected by high decibel levels in 2014. According to the European Federation of Hard of Hearing, patients suffering from hearing loss can touch 14.5 million by 2031. This is substantiated by loud music, large population, and other factors.

Technological advances in the form of 3D scanning offers viable solutions in terms of high-resolution scanning can detect hearing disorders at an early stage. High birth rate in developing economies coupled with frequent incidence of hearing impairment in neonatals are factors which can benefit from 3D scanning. This could be fruitful for the Hearing Screening and Diagnostic Devices Market Size over the forecast period.

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Major Key Players:

Prominent players operating in the Hearing Screening and Diagnostic Devices Market include Starkey (U.S.), Intelligent Hearing Systems (U.S.), Inventis srl (Italy), IntriCon Corporation (U.S.), MAICO Diagnostics GmbH (Germany), Natus Medical Incorporated (U.S.), Amplivox Limited (U.K.), Otometrics (Denmark), Sivantos Pte. Ltd. (Singapore), Accent Hearing Pty Ltd. (Australia), and Otodynamics Ltd. (U.K.). Expansions into developing economies coupled with investments in research and development (R&D) are strategies employed by these players to sustain their position in the global market.

Segmentation Analysis:

The Hearing Screening and Diagnostic Devices Market can be segmented by product, age, indication, test, and end-user.

By product, the market is segmented into otoacoustic emission (OAE)/auditory brainstem response (ABR) testing devices, audiometers, immittance screeners, and others. Audiometers are further segmented into diagnostic and screening audiometers. The OAE/ABR testing devices segment accounted for 67% market share in 2017, followed by audiometers, immittance screeners, and others. This segment is touted to exhibit 6.77% CAGR during the forecast period owing to rising awareness of hearing diagnosis procedures.

By age, it is segmented into new born hearing screening and others. The former accounted for 62% market share in 2017. It can showcase 6.82% CAGR during the forecast period to reach a valuation of USD 623.53 million by 2023. This can be attributed to hearing impairment cases witnessed in neonatals and premature babies. OAE/ABR tests can assist in detecting these disorders at a preventive stage and contribute to overall market revenue. The ‘others’ segment, on the other hand, can exhibit a CAGR close to 6% in the same review period.

By indication, it is segmented into conductive hearing loss, sensorineural hearing loss, combination hearing loss, and others. The conductive hearing loss segment captured 40% of the Hearing Screening and Diagnostic Devices Market Share in 2017. It is predicted to accumulate USD 406.84 million by 2023 at a 6.71% CAGR over the forecast period. The sensorineural segment accounted for 37% share in 2017, followed by combination segment (15%), and others (8%). The sensorineural segment, on the other hand, can accrue revenue at 6.82% CAGR during the review period.

By test, it is segmented into pure-tone test, bone conduction test, tests of the middle ear, speech discrimination test, speech recognition threshold test, most comfortable listening (MCL) test, and uncomfortable loudness level (UCL)test. Tests of the middle ear is further segmented into tympanometry and static acoustic impedance. Similarly, the pure-tone test segment is divided into visual reinforcement and conditioned play audiometries respectively. The pure-tone test is poised to reach a valuation of USD 302.52 million at a 7.71% CAGR over the forecast period.

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Regional Analysis:

The worldwide Hearing Screening and Diagnostic Devices Market covers the latest trends and opportunities across Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA). Among these, the Americas accounted for 38% market share in 2017, followed by Europe (29%), APAC (23%), and MEA (9%) respectively.

The Americas is poised to reach a market size of USD 369.01 million by 2023, at a 5.89% CAGR over the forecast period. The ballooned healthcare expenditure allotted for tackling new diseases, well-developed technology, and the large patient pool of geriatrics and pediatrics can drive the market growth.

But the APAC Hearing Screening and Diagnostic Devices Market can register 7.06% CAGR over the forecast period due to the large patient pool and adoption of latest tests. In addition, supportive government initiatives to tackle hearing disorders by creating awareness coupled with continuous development of new products can augur market growth. India is touted to be the one of the best makers of cochlear implants with a bevy of product offerings. This can induce the market demand for thorough screening tests in the forthcoming years and be fruitful for the market.

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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.

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Genetic Engineering Market - Global Industry Growth, New Opportunities and Forecast – 2027

 Genetic Engineering Market 2021

The genetic engineering market is expected to grow at a rapid pace. The factors influencing the growth of the market include increasing technologies for gene, widespread use of genetic engineering found in developed countries, special attention towards stem cells, increasing use of genetic engineering in medicine and various others.

Technology advanced products helps in treatment of various diseases. Organisms are also used for insulin production required for the treatment of patients suffering from diabetes. Hence, genetic engineering is expected to be an emerging technology in the field of medicine, enhancing the growth of this market. Increasing funding for research and development of medical products is further favouring the growth of the market. Global genetic engineering market Size is expected to reach USD 6.90 billion by 2027 at a CAGR of 12.48% during forecast period 2017 to 2027.

 

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Major Key Players:

Thermo Fisher Scientific Inc. (U.S.), Merck KGaA (Germany), and Horizon Discovery Group Plc. (U.K.). The other players of the market are Transposagen Biopharmaceuticals Inc. (U.S.)., New England Biolabs (U.S), Genscript Biotech Corporation (U.S.), Lonza Group Ltd. (Switzerland), Inc. (U.S.), Origene Technologies, Inc. (U.S.), and Integrated DNA Technologies, Inc (U.S.) are some of the prominent players at the forefront of competition in the Global Genetic engineering Market Share and are profiled in MRFR Analysis.

Competitive Analysis:
Characterized by the presence of several well-established and small players, the global market of Genetic engineering appears to be highly competitive and fragmented. With well-established market in the North America region major companies like Thermo Fisher Scientific Inc, Transposagen Biopharmaceuticals Inc., New England Biolabs, Genscript Biotech Corporation, Integrated DNA Technologies, Inc and various others have their home in the region and generate maximum market share. These companies have expanded their operating unit in various other emerging regions as well. Moreover the other small and medium scale players are generating revenue from local market.

Thermo Fisher Scientific Inc. an American international biotechnology company founded in 2006 by the merger of Thermo Electronic and Fisher Scientific. In Feb 2014, the company announced the complete acquisition of Life Technology Corp for USD 76.13 Billion. Life Technology Corp is a global leading player in genetic testing and precision laboratory equipment. New instruments in genetic engineering technology are Ion S5 sequencing systems, Sanger sequencing, QuantStudio family, QuantiGene Plex Assay, QuantiGene Singleplex Assay and QuantiGene Singleplex HT Assay. This acquisition will help the company create unrivalled control in serving research, life sciences, specialty diagnostics and applied markets.

Merck KGaA is one of the world's leading supplier of materials and equipment in biotechnology sector. The company supplies all the equipments and products required in genetic engineering from bioreactors, cell lines and ultra-pure water of laboratories. To enlarge the life science division, the company in November 2015, announced the complete acquisition of Sigma-Aldrich with USD 17 billion. Merck's major research centers for medical biotechnology are located in Darmstadt (Germany), Beijing (China), Tokyo (Japan) and Boston (United States). “Centinel” technology is a combination of biologic solutions and advanced genetic editing technology. With this acquisition the company will increase its man power with 50,000 employees in more than 67 countries, working at 72 manufacturing sites worldwide.

Regional Analysis

Global genetic engineering market is segmented on the basis of geographies or regions which mainly includes North America, Europe, Asia Pacific, and Middle East & Africa. North America is dominating the global market for genetic engineering with more than 40% share of the total market in 2016. The major factor for the growth of the market include due to increasing use of genetic engineering in for the use of gene therapy, high incidence of cancer and neurological disorders like Alzheimer’s, dementia. Increasing awareness for the use of stem cells furthermore contribute influence the growth of market in North America.

Europe holds the second largest share of the global genetic engineering market. Asia Pacific is the fastest growing genetic engineering stimulation market across the globe. In Asia-Pacific there is wide range of opportunities for genetic engineering market due to the presence of developing countries, companies grabbing these opportunities and expanding their presence in the region. The developing countries in this region are widely adopting latest technologies in the field of genetic engineering. These rising development in the region is further influencing the growth of the market.

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

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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:

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Email: sales@marketresearchfuture.com

Vascular Stents Market - Global Industry Growth, New Opportunities and Forecast – 2027

 Vascular Stents Market 2021

Vascular stents are tiny tube like medical devices which are places into blood vessels or arteries to open the blockage in the vessels. Vascular stent is the valuable tool for the treatment of the different coronary diseases. Vascular stents are used to widen the narrow vessels so as to minimize the chances of heart attack and chest pain. This stents are prepared from variety of material. According to the WHO, approximately 18 million people died from cardiovascular diseases in 2014. Increasing number of people suffering from cardiovascular diseases is responsible for the driving the market. Additionally, globally 39% of adults aged 18 years and over were overweight whereas 13% were obese. Technological advances and increasing obese population is also contributed in the growth of the market. Other advantages like low risk of infection and short recovery time will also drive the market. However availability of alternative therapy and high cost of ventricular stents may restrain the growth of the market.

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Major Key Players:

Boston Scientific Corporation (US), Abbott Laboratories (US), Medtronic, Plc (UK), Cook Medical (US), Biotronik se & co. kg (Germany), B. Braun Melsungen AG (Germany), Cordis (US), Lombard Medical Technologies (UK), Translumina GmbH (Germany), MicroPort Scientific Corporation (China), Terumo Corporation (Japan), Vascular Concepts (India), W.L. Gore & Associates (US), Meril Life Sciences Pvt. Ltd. (India) are some of the prominent players at the forefront of competition in the Global Vascular Stents Market and are profiled in MRFR Analysis. 

Competitive Analysis:
Many companies are focusing on research and development activity to improve the vascular stent products.  Major companies are focusing on the development of biodegradable stents to overcome the disadvantages of other available stents. Some major has adopted strategies of acquisitions and strategic alliances for the growth of the market.

Abbott Laboratories is one of the leading healthcare company headquartered in US. In June 2016, FDA has approved the Absorb bioresorbable Stent for heart. This stents is completely dissolve in the body and used in the treatment of heart complications. Company’s Esprit bioresorbable vascular scaffold is under clinical trials.

December, 2016 - Lombard Medical and MicroPort Scientific Corporation announced strategic partnership and investment agreement. This partnership allowed Lombard Medical to accelerate commercialization in global market with its two key products i.e Aorfix and Altura AAA. Aorfix, the only stent graft to hold global approvals to treat abdominal aortic aneurysms (AAA) with aortic neck angles up to 900, and Altura, a highly innovative stent graft that offers a simple and predictable treatment option for standard abdominal aortic aneurysms anatomy.

Boston Scientific Corporation is a global manufacturer and developer of medical devices headquartered in US. PROMUS Element Plus Stent, REBEL Stent System, SYNERGY Stent are some of the major products of the company. In 2014, company has launched Promus PREMIER Everolimus-eluting Platinum Chromium Coronary Stent System in Asia Pacific region. In 2015, worldwide sales of the company’s drug-eluting coronary stents were $1.074 billion as compared to $1.151 billion during 2014.

Medtronic is a medical device manufacturer headquartered in UK. It is the world's largest standalone medical technology development company. In 2015 company has develop Stent Graft System System for Endovascular Repair of Thoracoabdominal Aortic Aneurysms. Earlier company’s Resolute Drug-Eluting Stent has shown a very good performance in Diabetic Patients with Heart Disease. Medtronic market was increased by 7% in 2016 compared to 2015.

Cook Medical is an US headquartered company involved in the manufacturing of the medical devices. Approach, Bird's Nest, Advance are some of the major product of the company.

Regional Analysis

Geographically, the global vascular stents market Size is segmented into four regions. Of which North America commands market for vascular stents due to increasing obese population in North America is the major factor for the growth of the market. Beside this increasing people suffering from various cardiovascular diseases and lack of exercise also contributed in the growth of the market. Europe accounts second largest vascular stents market Share. While Asia Pacific is the fastest growing market due to rapid development in technology and a huge patient suffering from different vascular diseases. However, The Middle East and Africa has the lowest market for medical robotics because of limited development in medical field.

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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