ENT Devices Market Players Review 2023 | Fast Forward Research

ENT Devices Market

The ENT Devices Market Size was valued at USD 19.4 billion in 2022 and is projected to grow from USD 20.60 Billion in 2023 to USD 29.56 billion by 2030.

The ENT (Ear, Nose, and Throat) devices market refers to the industry involved in the production and distribution of medical devices used to diagnose and treat conditions related to the ear, nose, and throat. These devices include a wide range of products such as diagnostic devices, hearing aids, surgical instruments, implants, and others.

The ENT devices market has seen steady growth in recent years, driven by factors such as an aging population, increasing prevalence of ear, nose, and throat disorders, and advances in technology.

Market Research Future (MRFR) revealed the market is banking on treatment for sinusitis, demand for the cosmetic ENT procedures, hike in the use of favorable reimbursement policies, better support from the academic and government sectors, and others. Rising geriatric population and demand for minimally invasive surgeries can also promote the ENT surgical devices market growth.

Segment Analysis

The global ENT devices market has been segmented by the experts of MRFR into product and end user. Factors and dynamics have been studied in detail to get a proper overview of these segments so that they can help in better assessment of strategies. 

By product, the report on the global ENT devices market can be segmented into surgical devices, diagnostic devices, hearing implants, Co2 lasers, hearing aids, and image-guided surgery systems. The diagnostic devices segment includes endoscopes and hearing screening devices. The endoscopes segment comprises rigid endoscopes and flexible endoscopes. The rigid endoscope segment includes otoscopes and sinuscopes. The flexible endoscope segment has been segmented into laryngoscopes, pharyngoscopes, rhinoscopes, and nasopharyngoscopes. The surgical devices segment includes surgical instruments, handheld instruments, balloon sinus dilation devices, ear tubes, ENT supplies, radiofrequency (RF) handpieces, and voice prosthesis devices. The handheld instrument segment has been segmented into head and neck surgery instruments, otology instruments, laryngeal instruments, rhinology instruments, and others. The ENT supplies segment includes nasal stents, packing material, & splints. 

By end-user, the study on the ENT devices market includes ambulatory settings, ENT clinics, hospitals, home care settings, research and academic institutes, and others. The hospitals and various ENT clinics are expected to create notable traction for the global market. 

Major Key Players:

The global ENT Devices Market Players Cochlear Limited, Atos Medical AB, Karl Storz Gmbh & Co. Kg, Hoya Corporation, Johnson & Johnson Services, Inc., Olympus Corporation, Medtronic PLC, Siemens Healthcare, Rion Co. Ltd, Starkey Laboratories Inc., Widex A/S, William Demant Holding A/S, Stryker Corporation, Smith & Nephew PLC, Sonova Holding AG, and others. These companies are investing a lot in developing strategies that could withstand various adversities and ensure easy growth for the market. Their strategic moves often include various types of collaborations, mergers, hike in investment for better research and development, increasing innovation, various launching strategies, and others. MRFR’s inclusion of these moves in the report is to ensure a proper understanding of the market and help companies in developing strategies with a comprehensive overview. 

Regional Analysis

The Americas have the scope to dominate the global market for ENT devices. The market is gaining from easy inclusion of latest technologies, smooth flow of investment, rise in production resulted from the increasing research and development activities, and several others. The US is showing a huge patient pool that can be a major tailwind provider for the global ENT devices market. 

The Asia Pacific region is expected to profit from the rise in demand for advanced technologies from its huge population. Innovations and infrastructural changes are expected to influence regional market growth. 

About Market Research Future

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

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

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

Contact us:

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

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com

Magnetic Resonance Imaging (MRI) Robot-Assisted Surgeries Market Players Analysis, Industry Demand, Scope, Future Growth and Forecast to 2030

By 2030, the magnetic resonance imaging (MRI) robot-assisted surgeries market was estimated to be worth USD 6.02 billion, growing at a CAGR of 13.91%. The benefits of robot-assisted surgery, the rise in surgical procedures, the expansion of funding for surgical robots' research, and better reimbursement policies are all considered to be driving factors in the growth of this market. The popularity of MRI robot-assisted surgeries is further rising due to the increasing acceptance and acceptance of minimally-invasive surgeries (MIS). This results from shorter hospital stays, faster healing, smaller small cuts, less pain and scarring, and increased accuracy. Since MRI robots are entirely based on MIS, these advantages have increased demand for MRI robot-assisted surgeries. Currently, prostate biopsies are the main application for the robot system with MRI compatibility. Two prostate cancer treatment options accepted as normal by patients are transrectal and transperineal interventions.

In addition, this market is anticipated to have better growth opportunities due to the growing prevalence of surgical robots in ambulatory surgery facilities (ASCs) and emerging markets. Additionally, it provides an entirely intuitive user interface for making process plans, enabling robotic alignment and anatomical mapping of the patient using a scanner. Additionally, the growing incidence of cancer worldwide is helping the market expand. Furthermore, the techniques used by magnetic resonance imaging (MRI) robots are well tolerated by cancer patients. As doctors become more adept at using the MRI-assisted robot, procedure time and MRI time shortening, increasing procedure room efficiency will further benefit the market's growth.

Major Key Players:

The support of governments around the world for market-friendly changes is evident. Throughout the projection period, there will be an increase in the number of sales and marketing operations conducted online. The involvement of acquisitions and applications is expected to become increasingly important in the coming period to maintain development speed. As a result of the global epidemic, institutions now have a strong mandate for the purchasing process and a quickening of digital transformation. It will be advanced by using thorough research techniques to track the market's future expansion. During the projection period, significant players are anticipated to inject cash into the market, which is anticipated to accelerate market growth further. In the upcoming years, trade associations are expected to grow, expanding the global market. As more products are introduced to the market to meet the shifting needs of various clientele, the market is expected to expand.

The Magnetic Resonance Imaging (MRI) Robot-Assisted Surgeries Market Players are AiM Medical Robotics (U.S.), Monteris Medical (Canada), Machnet Medical Robotics B.V (Netherlands), neuro42, Inc. (U.S.), IMRIS (Canada), ACCURAY INCORPORATED (U.S.), and Stereotaxis Inc. (U.S.)

Segment Analysis

Oncology, neurological, and cardiovascular surgery are included in the segmentation of the magnetic resonance imaging (MRI) robot-assisted surgeries market based on application. Actuators, sensors, and robots are included in the magnetic resonance imaging (MRI) robot-assisted surgeries market segmentation based on product. Hospitals, ambulatory surgical centers, and specialty clinics comprise the three main subgroups of the global magnetic resonance imaging (MRI) robot-assisted surgery market.

Regional Analysis

Due to the widespread use of MRI-assisted robots and the rising number of procedures due to the high cancer rates, North America held the largest market share for MRI robot-assisted surgeries in 2022. The substantial market share held by North America is primarily attributable to the developed healthcare systems in the United States and Canada, the accessibility of qualified medical personnel, and the growing preference of surgical professionals for cutting-edge surgical systems. Due to technological advancements, rising healthcare costs, and an increase in neurological and cardiovascular diseases, Europe took second place in market share for robot-assisted MRI surgeries. Due to the region's rising cancer incidence and aging population, the market for robotically assisted magnetic resonance imaging (MRI) surgeries is anticipated to expand significantly between 2023 and 2030.

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

Cardiopulmonary Disease Diagnostics and Treatment Market Size, Share, Regional Trends and Forecast Period of 2022-2030

Cardiopulmonary Disease Diagnostics and Treatment Market

The Cardiopulmonary Disease Diagnostics and Treatment Market is anticipated to reach USD 3.32 Billion by 2030 at 6.80% CAGR during the forecast period 2022-2030.

The cardiopulmonary disease is a general term used to describe a variety of different diseases and conditions related to heart and lungs. Cardio Vascular Disease is a complex disease with a wide variety of risk factors including those that are modifiable, such as physical inactivity, non-modifiable factors such as age, genes, congenital dispositions, and gender. Respiratory disease is a medical term that includes extreme conditions affecting the organs and tissues which make gas exchange possible in higher organisms. Depending upon the type of cardiopulmonary disease present the treatment options vary and may include changes in diet or lifestyle, use of medications issued on prescription or surgery. The most common cardiopulmonary diseases are hypertension, stroke, and coronary heart disease. Untreated, cardiopulmonary diseases can be deadly. Cardiopulmonary diseases are the major cause of death globally.

The substantial growth in the frequency of health conditions related to the lungs and heart is the key factor to boosts the growth of this market. Also, the increase in aged population and the rising frequency in cardiovascular and respiratory diseases is also anticipated to drive the global market over the forecast period. Exposure to nicotine, tobacco products, and others increases the risk of obtaining cardiopulmonary diseases.

Increase in the rise of advanced technological equipment for diagnosing the disease will drive market rate exponentially. However, the huge cost of treatment and the regulatory nature of government on pharmaceutical companies will hamper the growth of the market.

Major Key Players:

Some of the Key Cardiopulmonary Disease Diagnostics and Treatment Market Players are Cardinal Health, Cosmed Medical, GE Healthcare, Halma plc, Hill-Rom Holdings, Inc., Koninklijke Philips N.V., MGC Diagnostics Corporation, NIHON KOHDEN CORPORATION, Schiller AG, Masimo Corporation, and Vyaire Medical Inc.

Segment Analysis

The global cardiopulmonary disease diagnostics and treatment market has been segmented on the basis of disease type, diagnostics and treatment, end-user. On the basis of disease type, the market has been classified as cardiovascular and respiratory diseases. The cardiovascular diseases are segmented into coronary artery disease, angina pectoris, myocardial infarction, dysrhythmia, hypertension, and others. The respiratory diseases are segmented into influenza, asthma, bronchitis, emphysema, cystic fibrosis, and others.

 On the basis of type, the market has been classified as diagnosis and treatment. The diagnosis market is segmented into an electrocardiogram (ECG), Holter monitoring, echocardiogram, stress test, cardiac catheterization, cardiac computerized tomography (CT) scan, cardiac magnetic resonance imaging (MRI), single-photon emission computed tomography (SPECT), stress blood pressure monitors, pulse oximeters and spirometry.

The treatment market segmented into medications. The medications segment is further sub-segmented into angiotensin-converting enzyme (ACE) inhibitors, angiotensin II receptor blockers (ARBS), anticoagulants, antiplatelet agents and others. On the basis of end users, the market has been classified as hospitals, clinics, diagnostic centers, specialty clinics and rehab centers, research institutes, and others

Regional Analysis

The Americas is projected to lead the cardiopulmonary disease diagnostics and treatment market in the forecast period. Rising rate in a number of cardiopulmonary diseases due to factors such as a change in lifestyle, smoking habits, and others contribute majorly to the growth of the market. Increasing healthcare awareness, advancement in technology, medical tourism, and an increase in disposable income are some other factors that boost the growth of the market.

The European market is expected to hold the second largest market share as cardiopulmonary disease diagnostics and treatment is most common in Germany. The European market is projected to grow because of the increase in elderly population, growing prevalence of diabetes, and heart rhythm problems in the region.

Asia-Pacific was projected to be the fastest growing region for the global cardiopulmonary disease diagnostics and treatment market in 2018. The market is expected to witness growth owing to the rising patient population, changing lifestyle, and growing elderly population. This is expected to provide favorable backgrounds for the market to grow.

The Middle East and Africa accounts for the least share due to stringent government policies and low per capita income.

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

Cancer API Market Professional Survey and In-depth Analysis Research Report Foresight to 2030

Cancer API Market

The Cancer API Market is expected to reach USD 1,48,545.23 Million by 2030 at 7.10% CAGR during the forecast period 2022-2030, reveals Market Research Future (MRFR) in a minutely analyzed research report. Various factors are influencing the growth of the global cancer API market. Surging demand for small molecule drugs is one of the preliminary factors boosting the growth of the market. The small molecule API market is undergoing a period of rapid change. Small molecules are predominating the pharmaceutical industry and account for nearly 80% of the pharmaceutical sales, indicating their relevance in the future of pharmaceuticals. Moreover, small molecules have made significant development in the field of cancer treatment.

Moreover, a growing trend of outsourcing has been witnessed in the manufacture of APIs which is expected to contribute to the market growth positively. The growth of the pharmaceutical industry in the developing countries is expected to provide an impetus to the growth of the cancer API market. The pharmaceutical industry in the developing nations as a whole is moving on a consolidation path which coupled with the growing number of mergers and acquisitions has proven to be beneficial for the growth of the cancer API market. Needless to say, towering cases of oncology diseases have been the major driving factor behind the growth of the global cancer API market. The market is also expected to benefit from improving the reimbursement landscape. On the contrary, the growth of the market might be hindered by austerity measures in Europe. Ever since the economic downfall in Europe, Germany passed an act for restructuring the pharmaceutical market in statutory health insurance in an effort to curb its pharmaceutical spending. German drugs being the standard point of reference by healthcare providers have created severe pressure on drug manufacturers to decrease their cost of manufacturing. Low cure rates, poor efficacy, and side effects of cancer API are other possible restraints. However, the pharmaceutical industry is advancing rapidly in the backdrop of patent expiry of several popular drugs which expected to provide ample of growth opportunities to the global cancer API market

Major Key Players

Clovis Oncology, Ariad Pharmaceuticals (Takeda), Eli Lilly & Company, AstraZeneca plc,

Gilead Lifesciences, Bristol-Myers Squibb, F. Hoffman La Roche, Boehringer Ingelheim,

Puma Biotech, Celgene, Exelixis Inc, Novartis AG, Pfizer Inc, AbbVie Inc., Eisai Ltd, Incyte Corporation, Bayer AG, TESARO, Inc., are the notable Cancer API Market Players.

.

Segment Analysis

The global cancer Industry has been segmented based on Tinib, Rafenib, Parib, Lisib, Degib, and Ciclib. By tinib, teh market has been segmented into Ponatinib, Brigatinib, Ruxolitinib, Erlotinib, Alectinib, Cobimetinib, Neratinib, Osimertinib, Acalabrutinib, Bosutinib, Crizotinib, Axitinib, Sunitinib, Ceritinib, Imatinib, Lapatinib, Afatinib, Cabozantinib, Dasatinib, Ibrutinib, Lenvatinib, and Gefitinib. By Rafenib, the market has been segmented into Sorafenib, Regorafenib, Vemurafenib, Dabrafenib, and Enasidenib. By Parib, the market has been segmented into Olaparib, Rucaparib, and Niraparib. By Lisib, the market has been segmented into Idelalisib and Copanlisib. By Degib, the market has been segmented into Sonidegib and Vismodegib. The Ciclib category consists of Palbociclib, Ribociclib, and Abemaciclib.

Regional Analysis

The cancer API market is proliferating in the US owing to rise in FDA approvals and high investment in R&D of cancer APIs which is expected to provide lucrative opportunities for market expansion. In the meanwhile, Europe and Asia Pacific have not yet approved any small molecule API molecules which explain the limited growth of the market in these regions.

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

Malocclusion Market Players, Size, Value Share, Industry Segment and Forecast to 2030

Malocclusion Market

Malocclusion Market size is expected to reach USD 40 Billion by 2030 at 6.9% CAGR during the forecast period 2022-2030.

Malocclusion is the misalignment of teeth. Malocclusion is most often hereditary, but it can also occur due to other reasons i.e. childhood habits such as thumb sucking, pacifier use beyond age 3, and others, extra teeth or lost teeth, ill-fitting dental fillings, and jaw tumors. There are three major classes of malocclusion i.e. Class 1, Class 2, and Class 3.

Increasing prevalence of malocclusion, favorable reimbursement scenario, and rising trend of cosmetic dentistry are the key factors driving the malocclusion market.

However, lack of technological awareness and complications associated with malocclusion treatment may hinder the growth of the market to an extent. The lack of technological awareness is mainly attributed to the slow adoption rate of new technology by the dentists.

Taste the market data and market information presented through more than 296 market data tables and figures spread over 251 pages of the project report.

Major Key Players:

Some of the Malocclusion Market Players are 3M, A-dec Inc., Adenta GmbH, Align Technology, Inc, American Orthodontics, Biolase, Inc., Carestream Health, Inc., Danaher, DENTAURUM GmbH & Co. KG, Dentsply Sirona, G&H Orthodontics, Henry Schein, Inc., Midmark Corp., Patterson Companies, Inc., Planmeca OY, Rocky Mountain Orthodontics, Septodont Holding, TP Orthodontics, Inc, Ultradent Products Inc., Zimmer Dental Inc., and others.

Segment Analysis

The global malocclusion market is segmented on the basis of class, treatment, and end user.

On the basis of the class, the market is classified into class I, class II, and class III.

On the basis of the treatment, the market is segmented into orthodontic braces, surgery, and others. The orthodontic braces segment is further sub-segmented into metal braces, ceramic braces, clear aligner, and others.

On the basis of the end -users, the market is segmented into the hospital and clinics, dental clinics, and others.

Regional Analysis

The Americas dominate the malocclusion market owing to the improvement in reimbursement scenario, high healthcare expenditure, and the presence of the leading players in the region. According to the American Dental Association, in the United States, Maryland, Utah, Arkansas, and Massachusetts have the highest Medicaid FFS reimbursement rates i.e. 79.3%, 75.3%, 75.2%, and 74.1% respectively, whereas, Wisconsin, California, Washington, Maine, and Iowa have the lowest coverage relative to private dental insurance reimbursement rates.

Europe holds the second position in the malocclusion market. It is expected that the support provided by the government bodies for research & development, increasing healthcare expenditure, and rising prevalence of malocclusion are propelling the growth of the malocclusion market in the European region. According to the data suggested by Eurostat, it is observed that among the EU Member States, the highest value of healthcare expenditure was recorded in Germany in 2014 i.e. EUR 321 billion which is further followed by France with EUR 237 billion and then United Kingdom with EUR 223 billion.

Asia Pacific region is projected to be the fastest growing region during the forecast period. Rapidly improving technology and the presence of huge patient pool drive the growth of this market in Asia Pacific region.

The Middle East and Africa hold the least share of the malocclusion market owing to the presence of poor and slow developing countries, especially, in the African region.

About Market Research Future

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

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

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

Contact us:

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

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com

Amblyopia Market, Opportunities, Top Key Players and Forecast to 2030

Amblyopia Market

The amblyopia market is expected to gain a market value of USD 6.25 Billion by 2030 at a CAGR of 4.2% from 2022-2030.

Market Drivers and Barriers

The escalation in number of ophthalmic disorders cases is observed to surge the global amblyopia market. Amblyopia, generally known as lazy eye, mostly develops in childhood. The lack of awareness regarding the onset of amblyopia often leads to severe complications like blindness, with age. Hence, the growing number of undiagnosed incidences are likely to impel the global amblyopia market growth. Furthermore, this is triggering an urgency in the need for early diagnosis. Consequently, an upsurge in the market growth can be expected due to the availability of advanced ophthalmic diagnostic solutions. The market can also experience an amplified growth over the assessment period owing to the hike in per capita income and increase in medical assistance from the government.

The high cost of treatment due to limited treatment options can constraint the amblyopia market growth, despite the presence of such potent market drivers.

Major Key Players:

The major Amblyopia Market Players are McKesson Corporation, Johnson & Johnson, Vivid Vision Inc., Good-Lite Co, Carl Zeiss AG, Amblyotech Inc, Novartis AG., Amblyoptica (Holding) Pvt. Ltd, HOYA Corporation, Krafty Eye Patches¸ Fresnel Prism and Lens Co., Hilco Vision, Cooper Vision, and more.

Segment Analysis

The global amblyopia market has been segmented on the basis of type, treatment, diagnosis, end-user, and region.

By types of amblyopia, the global amblyopia market has been segmented into strabismus amblyopia, reverse amblyopia, deprivation amblyopia, refractive amblyopia, and others. Among these, strabismus amblyopia is the most common type and is mainly caused due to suppression of the misaligned or deviating eye.

By mode of diagnosis, the global amblyopia market has been segmented into photo screening, visual acuity tests, Bruckner test, and others.

By mode of treatment, the global amblyopia market has been segmented into video game, atropine drops, glasses, eye patches, and others. Among these, eye patches hold the largest market share and are anticipated to expand at 3.93 % CAGR during the assessment period.

By mode of end-users, the global amblyopia market has been segmented into ophthalmic clinics, hospitals & pharmacies, and others.

Regional Analysis

Geographically, the amblyopia market span across regions namely, Europe, America, Asia Pacific, and the Middle East and Africa.

Among all the regions, America accounts for the largest market share owing to increasing prevalence of ophthalmological disorders such as macular degeneration, cataract, and glaucoma, growth in technological advancements, presence of key market players, and high expenditure on healthcare.

Europe is considered to be the second largest market followed by Asia Pacific which is presumed to expand at the fastest rate with 4.35 % CAGR during the assessment period. The growth is attributed to the continuously growing economies, rapid technological development, presence of huge patient population, and high opportunity for development in this region.

On the other hand, the Middle East and Africa are considered to register a sluggish growth rate and account for the least market share during the review period owing to low income among the population.

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

Respiratory Inhalers Market Players, Demand, Production Growth, Analysis and Forecast to 2030

Respiratory Inhalers Market

Respiratory Inhalers Market Size was valued at USD 28.2 billion in 2021 and is projected to grow from USD 29.5 billion in 2022 to USD 41.4 billion by 2030, at a CAGR of 4.90% during the forecast period.

The global respiratory inhalers market is likely to be driven by the growing prevalence of respiratory conditions such as asthma and chronic obstructive pulmonary disorder (COPD), along with the growing demand for technological innovation to make the operation of inhalers smoother and more precise.

According to the WHO, more than 300 million people are affected by asthma worldwide, with COPD accounting for more than 200 million. The growing prevalence of respiratory conditions such as asthma and COPD is likely to be the prime driver for the global respiratory inhalers market over the forecast period. Rising pollution levels and industrialization in urban areas around the world has been a major factor for the growing prevalence of such diseases. The increasing rate of urbanization in developing countries is likely to further drive the importance of this factor over the forecast period, as the rising number of urban residents will not only lead to a rise in the levels of vehicular pollution, but also lead to a rise in the volume of industrial activities to keep up with the growing economy.

The growing prevalence of smoking is also likely to be a major driver for the global prevalence of asthma and other respiratory diseases, thus driving the global respiratory inhalers market at a stable growth rate over the forecast period.

Major Key Players:

Global respiratory inhalers market players include Adherium Limited, Boehringer Ingelheim GmbH, GSK plc, Teva Pharmaceutical Industries Ltd., Propeller Health, Chiesi Farmaceutici S.p.A., and AstraZeneca.

Market Segmentation

The global respiratory inhalers market is segmented on the basis of operation, product type, application, end use, and region.

The respiratory Inhalers market has been segmented on the basis of operation into manually operated and digitally operated respiratory inhalers. Manually operated inhalers accounted for a dominant market share of close to 90% in 2016, dwarfing the demand for digitally operated respiratory inhalers primarily due to the higher costs of the latter.

On the basis of product, the respiratory inhalers market is segmented into dry powder inhaler, metered dose inhaler, and others. Dry powder inhalers accounted for the largest market share in 2016.

On the basis of application, the global respiratory inhalers market is segmented into asthma, COPD, and others. Asthma accounted for the largest market share in 2016 and is likely to remain the leading revenue generation channel for the global respiratory inhalers market over the forecast period due to the increasing prevalence of the disease in developed regions.

On the basis of end user, the global respiratory inhalers market is segmented into hospitals and clinics, respiratory care centers, and others. The hospitals and clinics segment dominated the global market in 2016 and is likely to remain the leading end user in the market over the forecast period.

Regional Analysis

The market for respiratory inhalers is segmented into North America, Europe, the Asia Pacific, and the Middle East & Africa.

North America is the biggest market for Respiratory Inhalers, accounting for 35.1% of the overall demand.

Europe is the second-largest market, mainly due to companies or key players in the region, such as Novartis, AstraZeneca, and Boehringer Ingelheim. The adoption of respiratory inhalers by hospitals and patients in European countries, as well as the ongoing efforts of the European Academy of Allergy & Clinical Immunology to raise awareness of asthma and COPD, is expected to expand the demand for respiratory inhalers in the future. It is projected that the European market will hit 11,425.7 million by 2023.

Moreover, the Asia Pacific market is projected to be the fastest-growing market for respiratory inhalers due to continuous developments in emerging economies such as India and China. Emerging economies are estimated to witness for maximum cases of respiratory disorders and remain unnoticed. In addition, there is a significant increase in digitally operated inhalers in countries such as Australia and New Zealand. The Asia Pacific region is projected to rise at 6.7% CAGR during the forecast period.

The Middle East & Africa, on the other hand, contributed the least to the global market with just 9.2% of the share. The Middle East and Africa regions are projected to have limited but steady growth.

About Market Research Future

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

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

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

Contact us:

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

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com

Saudi Arabia Medical Devices Market Players Synopsis, Future Scope, Analysis and Forecast to 2030

Saudi Arabia Medical Devices Market

A medical device is any instrument, appliance including any software, biologic or non-biologic material, to be used for the diagnostic or therapeutic use for management of diseases and disorders.

Saudi Arabia Medical Devices Market is anticipated to reach USD 3,100 Million by 2030 at 5.80% CAGR during the forecast period 2022-2030

The medical device industry witnessed one of the fastest growth propelled by innovation and rapid uptake of technologies. The medical devices industry has also resulted in the successful fusion of information technology and healthcare. Technology and product development remain the main pillars for the growing market for medical devices. The market involves two segments one high-tech devices with extreme sophistication and another is the low tech improved devices. The high tech segment such as diagnostic imaging devices is witnessing higher rates of growth. The low tech segment is also growing at a good rate but has witnessed growth in developing regions as the market for these in developed regions is stagnant. The other market driving factors are rising public healthcare expenditure in Saudi Arabia, development of large hospitals such as King Faisal hospital in Riyadh, demand for noninvasive therapy etc.

The market constraints are strict and ambiguous regulatory framework, growing concern for security especially data security, differential availability between developed and developing regions, connectivity issues in Saudi Arabia, the interference Sharia courts etc.

The future developments will include cloud integration, connected healthcare devices and growing demand for personalized medical wearable devices. Healthcare mobile applications will also lead the market.

Major Key Players:

The Saudi Arabia Medical Devices Market Players are: Johnson & Johnson, General Electric, Medtronic, Koninklijke Philips Electronics NV., Baxter Internationa, Fresenius Medical Care AG & Co., Cardinal Health, Al-Salehiya Medical Estableshment, Saudi Pharmaceutical Industries & Medical Appliances Corporation (SPIMACO), Al Amin Medical Instruments Company (AMICO), Al Faisaliah Medical Systems (FMS), Siemens Ltd and others.

Market Segmentation

Saudi Arabia medical devices market has been segmented on the basis of product type which comprises monitoring devices, diagnostic devices, diagnostic molecular devices, drug delivery devices, surgical devices, bio implants and stimulation devices, automation and robotics, electromedical devices and others. On the basis of therapeutic application; market is segmented into general surgery, diagnostic imaging, respiratory, orthopedics, cardiovascular, dental, neurology, ophthalmology, ear-nose-throat (ENT), nephrology and urology, and others. On the basis of end users; market is segmented hospitals, ambulatory, home and others.

Regional Analysis

The healthcare sector of Saudi Arabia is divided between private and state. The public healthcare expenditure accounts for approximately 75% of total health expenditure in 2014. Local manufacturing represents a poor outlook which is limited to consumables and ordinary articles. The government has established some of the best hospitals in the region such as King Faisal specialist hospital and research center, Riyadh military hospital, Saudi Arabia’s National Guard health affairs hospital etc. Saudi Arabia is extremely dependent on imports for medical devices and imports account for approximately 92% of total market for medical devices. U.S. medical device suppliers dominate the scenario with European vendors in the second position. Among the regions of Saudi Arabia Riyadh tops the healthcare expenditure list followed by Tabuk, Makkah and Madina. 

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