Small Animal Imaging Market Forecast to 2030 Detailed in New Research Report

Small Animal Imaging Market

The small animal imaging market is predicted to increase at a CAGR of 6.40% by 2030. 

Small animal imaging is a technique for imaging biological and molecular processes in the small animals using imaging modalities and reagents. This technique can provide valuable information in the preclinical stage or phase I stage of clinical trials. The increase in research funding, rising demand for non-invasive small animal imaging techniques, and technological developments drive the growth of global small animal imaging market.

Moreover, the rising gene expression studies, increasing drug development activities and increasing government initiatives for research are likely to fuel the market growth during the forecast period. For instance, according to the Federal Funding for Biomedical and Related Life Sciences Research, 84% of the National Health Institutes (NIH) funding is distributed through 60,000 researchers to conduct various research and developments in life science sector. Additionally, according to (FASEB), NIH required a minimum of USD 35.0 billion for life science researches for the year 2017.

Despite the drivers, stringent government regulations regarding animal usage in experiments, the high cost of installation and operation of imaging devices may hamper the growth of global small animal imaging market.

Major Key Players:

Some of the Small Animal Imaging Market Players are PerkinElmer Inc. (U.S.) Bruker Corporation (U.S.), FUJIFILM Holdings Corporation (Japan), Mediso Ltd. (Hungary), MILabs B.V. (Netherlands), MR Solutions Ltd. (U.K.), Aspect Imaging (Israel), LI-COR Biosciences (U.S.), Trifoil Imaging (U.S.), and Miltenyi Biotec GmbH (Germany).

Segment Analysis

The global small animal imaging market is segmented on the basis of the modality and reagents.

On the basis of the modality, the market is classified into optical imaging systems, nuclear imaging systems, small animal mri, micro-ultrasound systems, micro-CT systems, photoacoustic imaging systems, and Magnetic Particle Imaging (MPI) systems. The optical imaging systems are further segmented into bioluminescence/ fluorescence imaging systems, standalone fluorescence imaging systems, and optical + X-Ray/optical + CT systems. The nuclear imaging systems are segmented into micro-Pet systems, micro-spect systems, and trimodality (spect/pet/CT) systems. The micro-pet system is further segmented into standalone pet systems, pet/CT system, and pet/MRI systems. The micro-spect system is further segmented into standalone spect systems, spect/CT system, and spect/MRI systems.

On the basis of reagent, the market is segmented as optical imaging reagents, nuclear imaging reagents, MRI contrast agents, ultrasound contrast agents, and CT contrast agents. The optical imaging reagents are further segmented as bioluminescent imaging reagents and fluorescent imaging reagents. The bioluminescent imaging reagents are further segmented into luciferins, pro-luciferins, coelenterazine, and other bioluminescent imaging reagents. The fluorescent imaging reagents are further segmented as green fluorescent proteins, red fluorescent proteins, infrared dyes, other fluorescent imaging reagents. The nuclear imaging reagents are segmented into pet tracers and spect probes. The pet tracers are further classified into fluorine-18-based small animal pet tracers, carbon-11-based small animal pet tracers, copper-64-based small animal pet tracers, and other spect probes. The spect probes are further segmented into technetium-99m-based small animal spect probes, iodine-131-based small animal spect probes, gallium-67-based small animal spect probes, thallium-201-based small animal spect probes, and other spect probes. The MRI contrast agents are segmented into gadolinium-based small animal contrast agents, iron-based small animal contrast agents, and manganese-based small animal contrast agents. The CT contrast agents are further segmented into iodine-based small animal CT contrast agents, barium-based small animal CT contrast agents, gold nanoparticles and gastrografin-based small animal CT contrast media.

Regional Analysis

The Americas is likely to dominate the global small animal imaging market during the forecast period. The market growth is attributed to increasing investments by clinical research organizations in pre-clinical studies, increasing government funding’s in research activities and increasing number of pharmaceutical and research-based organizations. Europe is the second largest market in the global small animal imaging market. The European market is expected to grow during the forecast period owing to increasing R&D investments by pharmaceutical companies and growing number of research organizations for diagnosis of diseases. Asia Pacific is expected to be the fastest growing market owing to the increasing government support for biotechnology and pharmaceutical R&D and growing number of translational research activities. The Middle East and Africa is expected to show the least growth in the market due to some major factors such as lack of awareness and low government support. In this region, the Middle East holds the largest market owing to the development of healthcare infrastructure.

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Veterinary Medicine Market Report Predicts Impressive Growth by 2027 just published

Veterinary Medicine Market

Veterinary medicine can be defined as medicines for prevention, diagnosis, and treatment of animals to cure them of wounds or any disorder.

The Veterinary Medicine Market is expected to reach USD 44.89 Billion at CAGR of 5.57% during the forecast period of 2020 to 2030.

Market Research Future (MRFR), in their latest report on the same, discussed the impact that the market can witness in coming years.

Factors like growing adoption rate of pets, better medicines to treat, hike in investment to buy pets, increasing availability of medicines, government initiatives for domesticated animals, high integration of drug therapies, and others are expected to play crucial role for the global veterinary medicine market.

Major Key Players:

MRFR recognizes Veterinary Medicine Market Players are — Boehringer Ingelheim, Ceva, Chanelle Pharma Group, Dechra Pharmaceuticals plc, Elanco, Merck Animal Health, Norbrook Laboratories, Vetoquinol S.A., Bayer AG, and Zoetis.

Segment Analysis

The global veterinary medicine market, as per MRFR’s analysis, can be segmented on the basis of products, animals, route of administration, and end-users. Such a segmentation has in-depth analysis of various market factors that can be considered for future expansion plans.

Based on animals, the market includes companion and domesticated animals. The number of companion animals is growing due to hike in disposable income.

Based on products, the veterinary medicine market comprises injury medicine, disorder medicine, and diagnosis medicine, homeopathic veterinary medicine. These segments are providing ample support to the regional market.

Based on the route of administration, the veterinary medicine market can be into Parental, oral, and topical. Oral medicines are gaining popularity as that can be inserted into other food items for intake.

Based on end users, the veterinary medicine segmented into research institutions, veterinary hospitals, veterinary clinics, and others. The research institutions are developing means to gain from the market as their research facility is already expected to support the need.

Regional Analysis

Regionally, the global market for veterinary medicine has been segmented into Europe, America, Middle East and Africa, and Asia Pacific.

Due to the high concentration of major veterinary hospitals along with good reimbursement rates, the American market will flourish over the forecasted period. This region showcases a higher adoption of pet ownership compared to other regions. Moreover, the amalgamation of large healthcare players also causes the market to boost.

Europe holds the second largest position due to growing healthcare penetration and healthcare industry. The market is led by countries like France and Germany, where Germany is anticipated to be the fastest growing market over the forecast period due to the presence of pharmaceutical industry. The European market is also is also driven by tax benefits and government policies for pet animals.

China and India will drive the Asia Pacific market owing to the large unmet needs and fast-growing healthcare sector during the forecast period. With the increasing penetration of veterinary industry, the Asia Pacific market for veterinary medicine is expected to expand in the coming years. Moreover, increasing awareness regarding animal welfare, growth in private veterinary clinic, increase in NGO work associated with animal welfare along with government campaign are fuelling the market growth in this region.

UAE and Saudi Arabia are expected to drive the Middle East and African market. Owing to poor political and economic conditions, and poor healthcare development, the African region is anticipated to foresee a poor growth rate. Moreover, lack of animal welfare and awareness resulted in limited growth in this region.

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Obesity Managements Market, Get Research, Business Risk & Industry Analysis Reports 2030

Obesity Managements Market

The obesity management market size is projected to expand at 9.20% CAGR to reach USD 268.7 billion during the forecast period 2022-2030.

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 Obesity Management Market Players, globally.

Segmental Overview

The segmental analysis of the global obesity management market has been conducted on the basis of prescription, surgery and lifestyle changes.

Based on prescription, the market has been segmented into lorcaserin (Belviq), buproprion and naltrexone (Contrave), liraglutide (Saxenda), orlistat (Xenical), phentermine and topiramate (Qsymia) and others. Based on surgery, the market has been segmented into Biliopancreatic diversion with duodenal switch, Laparoscopic adjustable gastric banding (LAGB), Gastric bypass surgery and others. Based on lifestyle changes, the market has been segmented into exercise, dietary changes and others.

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.

 

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G-Protein Coupled Receptors Market Players, Size, Share, Drivers, Analysis and Forecast-2030

G-Protein Coupled Receptors Market

The G-Protein Coupled Receptors Market is expected to reach USD 3228.23 Million by 2030 at 6.8% CAGR during the forecast period 2022-2030. 

GPCRs are the largest and the most diverse group of membrane receptors in eukaryotes. They are also called transmembrane domain receptors, 7TM receptors, serpentine receptor, and G protein-linked receptors. They detect molecules outside the cell and activate internal signal transduction pathways.

The growth of global G protein coupled receptors market is driven by various factors such as growing use of G protein combined receptors in medicating disclosure and advancement forms, increasing the number of drugs under clinical and preclinical studies that target these receptors. However, the high cost involved in the maintenance of GPCR cell lines is expected to curb the growth of the global G protein coupled receptor market.

Several market players currently dominate the global G protein coupled receptors market. The key players are involved in product launches and strategic collaborations to strengthen their market positions.

Major Key Players:

Some of the G-Protein Coupled Receptors Market Player are Thermo Fisher Scientific, Inc., Cisbio, Promega Corporation, Abcam PLC, PerkinElmer Inc., Merck Group, HD Biosciences Co., Ltd, QIAGEN, Enzo Life Sciences, and Inc.BD.

Segment Analysis

The global G protein coupled receptors market has been segmented based on the product, assay type, and application.

The market, based on product, has been divided into cell lines, detection kits, cell culture reagents, ligands, and others. The detection kits segment is likely to be the fastest during the review period as they are ready to use kits that includes all cells and reagents to perform functional GPCRs assay in live cells thus driving the growth of the global G protein coupled receptor market.

The global G protein coupled receptor market has been bifurcated, on the basis of assay type, into functional calcium assays, cAMP functional assays, cGMP assays, GTP gamma S binding assays, ß-Arrestin Functional Assays, internalization assays, and others. Calcium functional assays are the fastest segment as it has numerous advantages such as user configurability, ease in the estimation of calcium flux thus driving the growth of this segment in the GPCR market.

The global G protein coupled receptors market has been segmented, based on application into the cardiovascular system, oncology, immunology, respiratory system, central nervous system, and others. The cardiovascular system is the largest segment as angiotensin II, and β-adrenergic receptors provide therapy for a wide range of cardiovascular disease such as heart failure. Approximately 17.9 million people die each year from cardiovascular disease thus rising the growth of G protein coupled receptor market.

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 presence of a large number of approved drugs that target G-protein coupled receptors. The G protein coupled receptors 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 G protein coupled receptors 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 G protein coupled receptors market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The rising number of approved drugs that target GPCRs has boosted the growth of the G protein coupled receptors market, the market in Asia-Pacific is expected to be the fastest-growing. The G protein coupled receptor market in the Middle East & Africa has been divided into the Middle East and Africa.

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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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Healthcare Business Intelligence Market: Industry Analysis, Opportunity and Forecast to 2030

Healthcare Business Intelligence Market

Healthcare business intelligence market is expected to reach USD 6753.15 Million by 2030 at 14.9% CAGR during the forecast period.

Business intelligence is a set of processes, architectures, and technologies used for the collection, integration, analysis, and presentation of business information. Healthcare data analytics provides healthcare companies and hospitals to prepare, analyze & visualize big and disparate data. Factors characterizing the market growth are the worldwide surge in the number of patient registries, increasing adoption of big data in healthcare, the presence of government initiatives to increase electronic health record (EHR) adoption, and growing need to curb healthcare costs. On the contrary, the lack of skilled professionals in the Asia-Pacific and African regions along with the complexity of systems is anticipated to hinder the market growth over the forecast period.

Novel trends in the healthcare business intelligence are artificial intelligence (AI) or machine learning, data insurance or security, multi-cloud system, and advanced analytics, which is increasingly facilitating the adoption of BI in the healthcare sector. Big data analytics along with the internet of things are revolutionizing the healthcare sector in terms of health tracking, reducing healthcare associated costs, assisting high-risk patients, and preventing human errors.

Major Key Players:

Some of the Healthcare Business Intelligence Market Players are Microsoft Corporation, International Business Machines Corporation, SAP SE, Oracle Corporation, SAS Institute, Tableau Software, MicroStrategy Incorporated, Qlik Technologies, Information Builders, Sisense, Yellowfin International Pty Ltd, and BOARD International S.A.

Segment Analysis

The business intelligence in healthcare market has been segmented into component, function, application, deployment model, end user, and region.

By component, the market has been segmented into platforms, software, and services.

On the basis of function, the market has been divided into OLAP and visualization, performance management, and query and reporting.

Based on application, the market has been categorized into financial analysis, clinical analysis, and operational analysis. The financial analysis is further categorized into claims processing, revenue cycle management, payment integrity and fraud, waste, and abuse, and risk adjustment and assessment. The clinical analysis segment is sub-segmented into quality improvement and clinical benchmarking, clinical decision support, regulatory reporting and compliance, comparative analytics/effectiveness, and precision health. The operational analysis segment is additionally divided into inventory analysis, workforce analysis, and strategic analysis.

By deployment model, the market has been divided into cloud-based, on-premise, and hybrid. On the basis of end user, the market has been categorized into payers, providers, and others.

Regional Analysis

The global healthcare business intelligence market has been segmented by region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. On the basis of region, the Americas is expected to dominate the global healthcare business intelligence market. This is due to the presence of software and service vendors, and sophisticated healthcare infrastructure, mounting adoption of data-driven decision-making, and emerging fields of prescriptive, predictive analytics.

Europe would be the second-largest region in the healthcare business intelligence market due to burgeoning healthcare vertical, increasing adoption of advanced medical technologies, and the presence of vendors such as SAP SE and BOARD International S.A.

The market in Asia-Pacific is expected to exhibit comparatively higher CAGR over the forecast period owing to increasing penetration of smartphones and internet, increasing investments in the healthcare infrastructure, rapid industrialization in India, China, and Japan, and a growing number of start-ups focusing on mobile application development.

The Middle East & Africa has the least share of the global healthcare business intelligence market. Additionally, the major market share of the region would be held by the Middle East region as the business intelligence and analytics solutions are of paramount importance to organizations in the Gulf Cooperation Council (GCC) countries.

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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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Neonatal Intensive Care Market - Global Industry Growth and Forecast – 2030

 

Neonatal Intensive Care Market

The neonatal Intensive care market is supposed to enlist a CAGR ~4.99% during the gauge time of 2022-2030 with an expected market worth of 12920.12 million out of 2030.

The global neonatal intensive care market is mainly driven by the growing awareness about infant mortality and the growing efforts from governments to bridge the gap between supply and demand in order to reduce infant mortality. Major players in the global neonatal intensive care market are profiled in the report in order to provide readers with a detailed view of the market, including the successful strategies used by leading players in the market. Major drivers and restraints of the neonatal intensive care market are also described in the report in great detail, including information on the macroeconomic factors working in the background.

The neonatal intensive care market is mainly driven by the increasing incidence of infant mortality. Due to poverty and unavailability of advanced medical care, many developing regions suffer from high rates of infant mortality, leading to widespread concern. This has led to the rapid growth of the healthcare sector in regions such as Asia Pacific, where nations with sufficient economic power to make proactive decisions in order to reduce infant mortality. This has led to a growing volume of construction of healthcare agencies such as hospitals and neonatal care units. The growing population in regions such as India, China, and the rest of Southeast Asia is also a major driver for the neonatal intensive care market in the region.

Major Key Players:

Some of the Neonatal Intensive Care Market Players are B. Braun Melsungen AG, DRE Medical, Digicare Biomedical Technology Inc., Henry Schein, Jorgensen Labs, Medtronic, Midmark Corporation, Patterson Companies, Inc., Smiths Group plc, and Vetland Medical Sales & Services.

Segment Analysis

The neonatal intensive care market’s segmental analysis provides a detailed understanding of the market that helps in identification of new growth windows and assists in preparing proper strategies to trigger the market growth. The neonatal intensive care market study has been segmented into product and end user.

On the basis of product, the market has been segmented into phototherapy equipment, catheters, convertible warmer and incubators, incubators, respiratory devices, infant warmers, neonatal monitoring devices, and others. Electric infant warmers and non-electric infant warmers are classified under the infant warmers segment. The neonatal monitoring devices segment has been further narrowed down to blood pressure monitor, pulse oximeters, capnographs, cardiopulmonary monitor, and others.

On the basis of end-use, the neonatal monitoring devices market has been segmented into childcare and clinics, hospital and others.

Regional Analysis

The market in the Americas is expected to dominate the global Neonatal Intensive Care market during the forecast period. The rising prevalence of congenital disorders in new-born, increasing neonatal population and government support are driving the growth of the market in the Americas. According to a data published by the Centers for Disease Control and Prevention (CDC) in November 2018, congenital heart defects (CHDs) affect approximately 1% or about 40,000 births per year in the US.

Europe showed a considerable amount of growth in the global neonatal intensive care market. The market growth in this region is because of the presence of a well-established healthcare system and increase in insurance coverage for pets. Also, technological advancements in the industry and government support in terms of National Health Service and health insurance are expected to drive the market growth.

Asia-Pacific is estimated to be the fastest growing region in the market due to increased pet adoptions and rise in the number of animal welfare programs.

On the other hand, the Middle East & Africa has the least share of the market due to the low disposable income. According to the American Society of Hematology (ASH), it led a campaign to fight sickle cell disease in Africa in June 2018. It also urged the governments, particularly in sub-Saharan Africa, to invest in new-born intensive care units for the betterment of the neonates.

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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.

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Cell Harvesting Market Players, Industry Growth, Opportunities and Forecast – 2027

Cell Harvesting Market

Cell harvesting is performed by separating the cell culture from the growing medium, involving techniques such as centrifugation, microfiltration, and depth filtration

The cell harvesting market is expected to grow CAGR of 12.60% with an estimated market value of USD 9.8 Billion during the forecast period from 2020 to 2027.

. Numerous factors such as an increase in chronic infections and diseases, the rapid growth of the biotechnology and pharmaceutical industries, and rising research in regenerative medicines are expected to drive the growth of the market. Moreover, the cost-effectiveness, ease of use, the durability of harvesters, technological advancements, and design development of cell harvester devices fuel the growth of the market. However, the technical complexity of harvesters coupled with ethical issues related to embryonic stem cell research may curb the growth of the market. Stringent government regulations and mandatory licensing rules may also hamper the market growth during the assessment period.

Major Key Players:

Some of the  Cell Harvesting Market Players are ads-tec GmbH, Avita Medical, Argos Technologies, Inc., Arthrex, Inc., Bertin, connectorate, Cox Scientific, hynoDent AG, PerkinElmer Inc., Scinomix, Teleflex Incorporated, and Terumo Corporation.

Segment Analysis

The global cell harvesting market has been segmented into product type, application, and end user.

The market, on the basis of product type, has been segmented into manual cell harvesters and automated cell harvesters.

The manual cell harvesters segment is estimated to hold the largest share owing to the high preferability of manual cell harvesters, whereas the automated cell harvesters segment is expected to be the fastest growing due to increased awareness and rise in the use of automated technologies in devices.

The market, by application, has been segmented into biopharmaceutical application, stem cell research, and others.

The market, by end user, has been segmented into pharmaceutical companies, biotechnology companies, research institutes, and others.

The pharmaceutical companies segment is estimated to account for the largest share. This owes to the increase in research and development activities of companies to come up with new innovative treatment options. The biotechnology companies segment is estimated to be the fastest growing due to the growing awareness about the advantages of using biotechnology techniques.

Regional Analysis

The market in the Americas is expected to dominate the global cell harvesting market during the forecast period owing to the presence of a well-developed healthcare sector, and growing healthcare expenditure. For instance, according to the data published by the Committee for a Responsible Federal Budget in May 2018, the US spent about USD 3.5 trillion, or 18% of its Gross Domestic Product (GDP), on health expenditures, which accounted for more than twice the average among developed countries in  2017. The European market is expected to be the second-largest due to government funding and support of the healthcare sector. For instance, according to the data published by the National Institute of Health Funding (NIHR) in 2016, funding of EUR 928 million was announced for new NIHR Biomedical Research Centers (BRC) and NIHR Clinical Research Facilities (CRF) for five years starting from April 2017. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the assessment period owing to the presence of a huge patient population and continuously developing economies. However, the Middle East and Africa has the least share of the market.

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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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Mitral Valve Stenosis Market: Industry Trends, Segments, Analysis and Forecast – 2027

Mitral Valve Stenosis Market

The global mitral valve stenosis market is anticipated to grow significantly over the forecast period. Mitral valve stenosis occurs when then the mitral valve opening in the heart is narrowed. The mitral valve is located on the left side of the heart between the two chambers namely the atrium and the ventricle. In this condition, enough amount of blood does not flow through the mitral valve. Scarring caused by rheumatic fever is considered to be the major cause of mitral valve stenosis. The growing prevalence of heart diseases, increasing occurrences of rheumatic fever, technological advancements coupled with the introduction of novel mitral valves are anticipated to boost the growth of the market during the assessment period. According to a study by researchers at the Stanford University School of Medicine in 2017, it was found that more than 50,000 people in the United States undergo either aortic- or mitral valve replacement surgery each year. On the other hand, the stringent government regulation for drug and medical device approval and the high cost of mitral valve surgeries may hamper the growth of the market.

Major Key Players:

Some of Mitral Valve Stenosis Market Players are Medtronic Plc, Edward Lifesciences, Boston Scientific Corporation, Abbott Laboratories, HighLife Medical, Neovasc Inc., CryoLife, Inc., On-X Life Technologies, Inc., Braun Melsungen AG, JenaValve Technology, Siemens Healthcare, and Micro Interventional Devices, Inc.

Segment Analysis

The global mitral valve stenosis market has been segmented into diagnostic tests, treatment, and end user.

The global market, on the basis of diagnostic tests, has been segmented into electrocardiogram (ECG), transthoracic echocardiogram, transesophageal echocardiogram, cardiac catheterization, and others.

The global market, on the basis of treatment, has been segmented into medication and procedures. The medication segmented is further classified into diuretics, blood thinners, beta blockers, anti-arrhythmic drugs, and antibiotics. The procedures segment has been further segmented into mitral valvuloplasty and mitral valve surgery. The mitral surgery segment has been further classified into mitral valve repair and mitral valve replacement. The procedures segment is anticipated to hold the largest market share on the basis of treatment due to the growing number of companies engaged in the development of medical devices for mitral valve stenosis.

The global market, by end user, has been segmented into hospital & clinics, diagnostic centers, and others.

Regional Analysis

The market in the Americas is expected to dominate the global mitral valve stenosis market. The market growth in this region is majorly attributed to the presence of well-established healthcare sector, rising prevalence of cardiac diseases, increasing preference for minimally invasive surgeries, and growing healthcare expenditure. Europe is anticipated to hold the second largest position in the global mitral valve stenosis market. The market growth in this region is attributed to the increasing prevalence of heart diseases and rising expenditure for the healthcare sector. According to the UK factsheet August 2018 by the British Heart Foundation, there are about 7 million people living with heart and circulatory diseases in the UK. Asia-Pacific mitral valve stenosis market is anticipated to be the fastest growing market. Rising burden of heart diseases, improvement in clinical trial regulations, increasing preference for advanced medical technologies, the rise in medical tourism, and increasing investments in the healthcare sector are anticipated to drive the market growth in this region. The Middle East & Africa has the least market share in the global mitral valve stenosis market.

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