Thursday, February 23, 2023

Sepsis Diagnostics Market Players, Global Industry Share Report 2022

Sepsis Diagnostics Market

The sepsis diagnostics market is expected to gain a market value of USD 1,582.23 million by 2030 at a CAGR of 9.80% over the forecast period of 2022-2030.

The market’s historical growth trajectory, present conditions, and future growth prospects are studied in the report. The report provides a comprehensive overview of the market’s historical growth trajectory by detailing the historical stats regarding the market. Future projections are based on the detailed historical stats offered in the report. Based on this platform, future projections for the sepsis diagnostics market’s growth trajectory over the forecast period are provided in the report. The report also profiles the leading players in the global sepsis diagnostics market and gives readers a comprehensive analysis of the leading players in the global sepsis diagnostics market. The report also profiles the major drivers and restraints affecting the global sepsis diagnostics market. The factors making the market tick and those holding the market back are studied in detail in the report. The impact of the COVID-19 pandemic on the sepsis diagnostics market is also assessed in the report.

Sepsis diagnostics can be used to diagnose severe sepsis as well as septic shock, which differ slightly in symptoms. Severe sepsis can cause an organ to fail, whereas septic shock is manifested through various symptoms, including low blood pressure. The rising prevalence of sepsis is the primary driver for the global sepsis diagnostics market. Sepsis is a life-threatening complication of the body’s own immune system hurting the body’s own organs or tissues. It can be caused by a weakened immune system, chronic disease, cancer, or kidney or liver diseases.

Major Key Players:

The Sepsis Diagnostics Market Players are EKF Diagnostics (UK), T2 Biosystems, Inc. (US), bioMérieux, Inc. (US), Becton, Dickinson and Company (US), Sandstone Diagnostics, Inc. (US), Immunexpress (US), Axis-Shield Diagnostics Ltd. (Scotland), Cube Dx GmbH (Austria), and others.

Segment Analysis

The global sepsis diagnostics market is segmented on the basis of technology, product, end use, and region.

By technology, the global sepsis diagnostics market is segmented into molecular diagnostics, biomarkers, immunoassays, and others. The molecular diagnostics segment holds the largest share in the global sepsis diagnostics market and is likely to remain the leading revenue generator over the forecast period. Molecular diagnostics are highly effective diagnosing sepsis. However, the slowness of molecular diagnostics processes is likely to count against them in the final reckoning over the coming years. Alternative technologies are likely to be developed in the coming years in order to counter the slow nature of molecular diagnostics. The biomarkers segment also accounts for a significant share in the global sepsis diagnostics market.

On the basis of product type, the global sepsis diagnostics market is segmented into kits, instruments, blood culture media, and others. The kits segment holds a major share in the global sepsis diagnostics market.

On the basis of end user, the global sepsis diagnostics market is segmented into pathology laboratories, specialty clinics, hospitals, diagnostic centers, and others.

Regional Analysis

The region-based study of the sepsis diagnostic market includes regions such as Americas, Europe, Asia Pacific, Middle East, and Africa. The North American region is the major market for medical tourism which is expected to motivate the development of the sepsis market in the forecast period. The North American market for sepsis diagnostics is anticipated to achieve USD 320 million by the end of the forecasted period. The European region is the next prime market for sepsis diagnostics which is anticipated to develop at the CAGR of 6.8%. While the Asia Pacific region is anticipated to be the most rapidly growing region in sepsis diagnostics 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.

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Artificial insemination Market Players, Size, Share, Analysis and Forecast-2030

Artificial insemination Market

The artificial Insemination market  is expected to reach USD 8.9 billion by 2030 at CAGR of 8.6% during the forecast period of 2020 to 2030

Artificial insemination involves depositing sperm into the uterus. In vitro fertilization (IVF) involves extracting the patient's egg cells to be fertilized in a lab. The resultant embryo is then transferred to the uterus. The reimbursement of these techniques is interrelated. Artificial insemination costs hundreds of dollars, while IVF costs thousands. Most of the countries in North America and Europe have a high adoption of treatments related to fertility. The number of cycles of artificial insemination covered differs depending on the country.

The province of New Brunswick, Canada, allows individuals to claim up to 50 percent of eligible costs incurred for IVF or IUI and related drugs, up to a maximum of USD 5,000. In France, up to four cycles of ART in women up to the age of 45 are reimbursed, whereas The National Institute for Health and Care Excellence (UK) recommends support until 3 cycles. Belgium, Denmark, the Netherlands, and Slovenia are reputed for their most generous reimbursement policies in Europe, with almost full coverage for up to six cycles. IVF treatments are fully covered by Belgium, Denmark, and Slovenia states. From 2018, in vitro fertilization (IVF) and embryo transfer services and pharmaceuticals are fully financed by Estonian Health Insurance Fund (EHIF). A Policy Audit on Fertility by ESHRE and supported by Merck & Co. was published in 2017. It mentioned a wide range of treatment options are available in the Czech Republic, from Intrauterine Insemination (IUI) to surrogacy. The donor eggs and sperm and embryos are explicitly protected under Czech law, which recommends 100% coverage by mandatory health insurance for up to four IVF cycles and six IUI, for women aged 22-39 years of age. In France, IUI and IVF/ICSI are fully reimbursed for women under 43 years of age, including up to six IUIs (one IUI per menstruation cycle).

Major Key Players:

MRFR recognizes the following companies as the Artificial insemination Market Players are — Vitrolife AB, Genea Limited, Rinovum Women's Health, LLC, Pride Angel, Hi-tech Solutions, Kitazato Corporation, Fujifilm Irvine Scientific, and Rocket Medical.

Segment Analysis

Global Artificial Insemination Market has been segmented based on Type and End User.

The market, based on types of artificial insemination, has been segregated into intrauterine, intracervical, and Intratubal.

On the basis of end-user, the artificial insemination market is classified into hospitals & clinics, fertility centers, and home-based.

Regional Analysis

Global Artificial Insemination Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas accounted for a larger share of the global artificial insemination market. The large share is majorly attributed to the presence of major manufacturers, increasing adoption of assisted reproductive technologies, technological advancements, and high disposable income. Boost in the reimbursement scenario in the European region, rising government initiatives to promote family planning, an increasing number of patients facing difficulty conceiving, an increasing number of manufacturers, improving economies, high disposable income per individual, and increased healthcare spending are driving the growth of the market in this region. The Asia Pacific region is anticipated to grow at a lucrative CAGR over the forecast period. For instance, according to a study by Inito (India), a Bengaluru-based medical technology company, 27.5 million couples suffered from infertility and were actively seeking children. Also, at least 10-15% of married couples experienced fertility issues in 2019. Currently, most private and public health insurers do not include fertility procedures and treatments under their coverage plans. A research paper in Reproductive Biology and Endocrinology in 2015 assessed the use of various fertility treatments by surveying fertility specialists in France, Germany, Italy, Spain, the UK, the US, China, and Japan. The analysis reported that ART outcomes are varied by country, with the highest percentage of women facing fertility-related issues in the US and China. The availability of a large patient pool is expected to help propel the growth rate of 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.

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Thalassemia Treatment Market Research Report- Forecast till 2027

Thalassemia Treatment Market

Thalassemia is an inherited blood disorder that is characterized by inadequate hemoglobin and fewer red blood cells in the body than normal. Hemoglobin is the substance in red blood cells that allows them to carry oxygen. The inadequate hemoglobin and fewer red blood cells of thalassemia may cause anemia.

According to MRFR analysis, Thalassemia Treatment Market is expected to register a CAGR of 10.4% during the forecast period.

The growth of the Global Thalassemia Treatment Market is driven by various factors such as rising incidence of thalassemia, increasing pipeline drugs in thalassemia, rise in awareness regarding available treatment options for the treatment of thalassemia, growing public awareness related to preventive care and rise in demand for improved curative gene therapy. However, stringent regulatory policies and high treatment costs are expected to curb the growth of the global thalassemia treatment market.

The global thalassemia treatment market is currently dominated by several market players. The key players are involved in product launches and strategic collaborations to strengthen their market positions.

Major Key Players:

Some of the Key Players in the Global Thalassemia Treatment Market Players are Novartis AG (Switzerland), Kiadis Pharma (Netherlands), Sangamo Therapeutics (US), Gamida Cell (Israel), Acceleron Pharma, Inc. (US), CELGENE CORPORATION (US), and Bluebird Bio, Inc. (US).

Segment Analysis

The Global Thalassemia Treatment Market has been segmented based on type, treatment, and end-user.

The market, based on type, has been divided into alpha-thalassemia and beta-thalassemia. The alpha-thalassemia segment is likely to be the fastest during the forecast period as there is an increased incidence of alpha-globin disorders in the US and other Western nations.

The global thalassemia treatment market has been segmented based on treatment, into blood transfusions, iron chelation therapy, folic acid supplements, thalassemia gene therapy, and bone marrow transplants. The blood transfusions segment is expected to be the fastest market as low risks are involved due to careful blood screening. For instance, about 56,000 population have major thalassemia, and there are at least 30,000 people that need regular blood transfusions to survive and 5,500 die perinatally due to alpha-thalassemia major. As a result, increasing the need for blood transfusions would boost the growth of the thalassemia treatment market.

The end-user segment of the market includes hospitals and clinics, diagnostic laboratories, and others. The hospitals and clinics segment is expected to hold the largest share of the market due to the increase in the number of hospital admissions for the treatment of thalassemia across the globe.

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 increasing prevalence of thalassemia and rising per capita healthcare expenditure. The thalassemia treatment 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 thalassemia treatment 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 thalassemia treatment market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Increasing government initiatives to promote the thalassemia treatment technique is expected to boost the growth of the thalassemia treatment market in Asia-Pacific and is expected to be the fastest-growing. The thalassemia treatment 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.

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Molecular Diagnostics Market Research Report - Global Forecast till 2030

Molecular Diagnostics Market

As per Global Market, the global market is anticipated to witness growth owing to the factors such as technological advancements in molecular diagnostics as well as the increasing prevalence of hospital-acquired infections. However, the market will face challenges and restraints due to the stringency of molecular diagnostics regulations and the restrictive nature of the regulatory framework during the forecast period.

The Molecular Diagnostics Market size is projected to reach USD 29.3 billion by 2030 at 5.7% CAGR during the forecast period 2022-2030. 

The detection of numerous diseases in the market is set to play a key role in determining the growth potential during 2016 to 2025 years. Analysts have also studied the molecular diagnostics industry to understand potential threats and challenges the molecular diagnostics industry companies could face. Although the molecular diagnostics industry is poised to grow at a fast pace across application, end user, product, and technique segments, factors such as the strictness of regulations associated with the approval process could slow down the molecular diagnostics market's growth worldwide.

Major Key Players:

Some of the Molecular Diagnostics Market Players are

Hoffmann-La Roche Ltd

Hologic, Inc.

QIAGEN

Becton, Dickinson and Company

Abbott Laboratories

Cepheid

Siemens

Thermo Fisher Scientific

Agilent Technologies

Segment Analysis

The molecular diagnostics market has been segmented into application, end user, product, and technique. Based on the segment which is application, the market is categorized on the basis of infectious diseases, genetic tests, cancer molecular diagnostics and others. The global market for molecular diagnostics is further segmented based on end user into diagnostic laboratories, hospitals & clinics, and others. Furthermore, the market, on the basis of product is segmented into instruments, reagents & kits, and services & software. Based on the segment which is technique, the market is categorized on the basis of hybridization, isothermal amplification, microarray, polymerase chain reaction (PCR), sequencing, and others. 

The global Market covers all the aspects of the molecular diagnostics market based on the segmental analysis of these application, end user, product, and technique segments. Analysts have also studied the global molecular diagnostics industry regional markets spread across many continents and countries. The application, end user, product, and technique segments along with their sub-segments have been analyzed and companies functioning in the molecular diagnostics industry across these segments are profiled and analyzed based on input and feedback from molecular diagnostics market based decision makers as well as primary and secondary sources. The Global Market presents analysis based information for companies functioning in the molecular diagnostics market.

Regional Analysis

Inaccurate results provided by faulty diagnostic kits may hinder the molecular diagnostics market growth. The market research report suggests that companies in the molecular diagnostics industry could be supported by advances in molecular diagnostics as well as molecular diagnostic technological advances during the forecast period. The molecular diagnostics is set to register growth at a high CAGR owing to these key factors. The molecular diagnostics is spread across North America, Europe, Asia-Pacific, and other parts of the world. The global Market reveals that APAC, North America, and Europe regional molecular diagnostics will dominate the global market for molecular diagnostics during the forecast period 2016 to 2025. As per Global Market, the market is set to witness tremendous growth across PCR, infectious disease testing, and advanced diagnostic laboratories segments in North America which covers molecular diagnostics markets across the United States, Canada, Mexico and several other regional markets. Companies active in the molecular diagnostics market are also analyzed and studied in the Global Market.

The molecular diagnostics for Europe covers smaller market segments of Germany, Italy, France, and the United Kingdom. Additionally, the Global Market covers the Asia-Pacific region covering molecular diagnostics markets from India, China, Japan, Australia, and others. The market is also spread across the rest of the world. The market report covers all such regions including the Middle East, Africa, Brazil, 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.

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Artificial Heart Market Players, Growth, Size, Value Share, Industry Segment and Forecast to 2030

Artificial Heart Market

An artificial heart is a prosthetic device that is implanted into the body to provide circulation and replace heart ventricles that are diseased or damaged

Artificial Heart Market is expected to grow USD 4.98 billion at a CAGR 15.80% during the forecast period.

Segment Analysis

The global artificial heart market has been segmented into type, and end user.

By type, the market has been segmented into the heart-lung machine and mechanical heart. The mechanical heart is further segmented into total artificial hearts and ventricular assist devices (VADs). The mechanical heart segment is expected to register the highest CAGR during the forecast period due to growing demand.

On the basis of end user, the market has been segmented into Hospitals & Clinics, Specialty Centers, and others.

Major Key Players:

Some of the prominent players in the global artificial Artificial Heart Market Players are SynCardia Systems, LLC, BiVACOR Inc., CARMAT, Cleveland Heart, Inc., ABIOMED, CryoLife, Inc., Abbott, and Thoratec Corporation.

Regional Analysis

On a regional basis, the Americas is anticipated to dominate the global artificial heart market owing to the owing to increasing geriatric population, high prevalence of various chronic diseases, and a large number of diagnostic imaging centers.

Additionally, rising demand for advanced treatment and growing healthcare expenditure is driving the growth of the market. For instance, according to the American College of Cardiology Foundation, coronary heart disease (CHD) is the leading cause of deaths attributable to CV in the US. CHD contributes to over 43.8% of death cases in the US. Additionally, in 2015, the total healthcare expenditure for CVD and stroke in the US was an estimated USD 329.7 billion. CVD and stroke accounted for 14% of total health expenditures in 2015.

Europe accounts for the second largest market and holds a healthy share in the global artificial heart market due to major driving factors like availability of advanced treatment facilities, increasing healthcare expenditure, and flourishing medical device industry due to the presence of major market players.

Asia-Pacific is expected to be the fastest growing market, owing to the huge patient pool, a faster adaptation of healthcare technology, government initiatives to increase the healthcare quality, and availability of favorable insurance policies.

The Middle East & Africa is expected to show the least growth in the market due to some major factors such as lack of awareness, limited access, and availability of treatment facilities. In the Middle East, the United Arab Emirates and Saudi Arabia is the largest market share owing to the development of the healthcare industry and the rising availability of specialty care centers.

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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Medical Billing Outsourcing Market Players, Opportunities, Trends and Forecast to 2030

Medical Billing Outsourcing Market

The medical billing outsourcing market is expected to reach USD 29.3 billion by 2030 at 11.2% CAGR during the forecast period 20220-2030

Major Growth Boosters and Challenges

Medical billing software and solutions help healthcare billers as well as coders offer efficient administrative services to customers and file claims that provide a host of benefits including reduced errors, accurate bills, lower insurance settlement rates, faster payment, digitalization, and invoice monitoring. Surge in technical innovations along with rise in M&A activities present lucrative opportunities to the medical billing software market.

The medical billing software industry is growing backed by the growing needs of health insurance firms, in terms of medical office management. The heightened preference for cloud-based medical billing software in clinics and hospitals is the latest trend witnessed in the global market.  The market is inundated with numerous players that are involved in fierce competition. Global firms are working on expanding their presence in emerging countries, which will be a huge challenge for local companies, as the competition will rise in terms of features like quality, pricing, and product differentiation. The global market witnesses established vendors indulging in competitive strategies such as collaboration, acquisition, expansion, product launch and partnership, to improve their standing.

Furthermore, surging requirement for risk and compliance management combined with the mounting prevalence of digitalization in the healthcare sector should accelerate the market growth in the next few years. Rapidly expanding patient population owing to various disorders and infections also foster the growth of the medical billing market. 

Major Key Players:

Some of the Medical Billing Outsourcing Market Players 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 industry analysis 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.

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Atherectomy Devices Market Demand, Growth, Top Key Players and Forecast to 2030

Atherectomy Devices Market

Atherectomy devices are widely used to treat peripheral arterial disease and coronary disease. Every device is designed differently to vaporize, sand, shave, or cut plaques, resting on their characteristics. Rotational atherectomy systems, photo-ablative atherectomy systems, orbital atherectomy systems, and directional atherectomy systems are the four most widely used atherectomy devices. 

The atherectomy devices market is expected to reach USD 681.43 Million by 2030 at 11.9% CAGR during the forecast period 2022-2030.

Numerous factors are adding to the global atherectomy devices market. Such factors, according to the recent MRFR report, include strengthening distribution channels of leading product manufacturers, burgeoning demand for atherectomy procedures that are minimally invasive, favorable medical reimbursements, commercialization, and continuous product development, and rising target patient population. Additional factors adding to the global atherectomy devices market growth include increasing investments by government organizations, untapped market opportunities, especially in emerging countries, rising prevalence of various neurovascular and cardiovascular diseases (peripheral artery disease), and growing healthcare expenditure.

On the contrary, scarcity of skilled medical professionals and post-operative complications are factors that may limit the global atherectomy devices market growth over the forecast period. 

Major Key Players:

Notable Atherectomy Devices Market Players include Cardinal Health, Straub Medical, Koninklijke Philips, B. Braun Melsungen AG, Boston Scientific Corporation, Minnetronix, Inc., Avinger, Biotronik, Abbott, C.R. Bard, Biomerics, and others. Industry players have adopted strategies such as strategic alliances, extensive research, and development activities, joint ventures, collaborations, and new product launches to stay ahead in the competition. 

Segment Analysis

The Market Research Future Report provides an inclusive segmental analysis of the global atherectomy devices market based on application, product type, and end user. 

By product type, the atherectomy devices market is segmented into rotational atherectomy systems, photo-ablative atherectomy systems, orbital atherectomy systems, directional atherectomy systems, and others. Rotational atherectomy systems allow percutaneous coronary intervention, especially for calcified coronary lesions that are complex. It functions on the differential cutting principle and preferentially ablates inelastic, hard, calcified plaque. The photo-ablative atherectomy systems help in vaporizing the plaque. The orbital atherectomy system helps to continuously clear plaque by pulverizing into small particles. The directional atherectomy system helps to remove the plaque by cutting through one direction. Of these, directional atherectomy systems will lead the market over the forecast period.

By application, the global atherectomy devices market is segmented into peripheral vascular, neurovascular, cardiovascular, and others. Of these, the peripheral vascular segment will dominate the market over the forecast period. 

By end user, the global atherectomy devices market is segmented into ambulatory surgery centers, hospitals, and others. Of these, hospitals is likely to have a major share in the market over the forecast period. 

Regional Analysis

The Americas holds the dominant share in the global atherectomy devices market, followed by Europe. The growing prevalence of atherosclerosis in North America is likely to ensure continued dominance of the Americas in the global atherectomy devices market over the forecast 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.

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Proteomics Market Players, Synopsis, Surge, Future Scope, Analysis and Forecast to 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 67.5 billion in 2030 and is expected to grow at a CAGR of 12.3% 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 Proteomics Market Players 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, as per the discussion of MRFR analysts, has been studied on the basis of equipment, service, and application. This study holds details regarding factors and revenues that will facilitate strategy-devising procedures. 

By equipment, the global market for proteomics has been segmented into mass spectroscopy, protein microarray, chromatography, protein fractionation, x-ray crystallography, and others. The protein fractionation is getting traction for its rising demand in the research process encompassing COVID-19.

By services, the global market report will cover segments like laboratory services and data analysis & services. The largest market share is getting enjoyed by the laboratory services segment as it has a significant contribution to finding effective diagnosis and research for drug discovery. The data analysis and services segment will register the fastest CAGR during the forecast period for its rising demand in the data analytics sector.

By application, the global report on the proteomics market has been segmented into clinical diagnosis, drug discovery, and others. The drug discovery segment is witnessing demand as several pharmaceutical companies have started procedures to find a proper drug and vaccine for COVID-19.

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.

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