Thursday, July 27, 2023

EClinical Solutions Market Global Synopsis, Future Scope, Top Key Players and Forecast to 2030

EClinical Solutions Market

The eClinical Solutions Market is projected to record a CAGR of 12% to influence earnings of USD 14.36 billion by 2030.

Clinical trials are increasingly growing complex, and there has been a massive increase in the amount of clinical data generated which calls for proper management. eClinical solutions are gaining momentum among pharmaceutical and biotechnology companies are progressively leveraging eClinical solutions to manage the huge volume of data.

 

The risks and costs associated with clinical trials continue to surge which puts enormous pressure on enterprises to optimize ROI in new drug development. eClinical solutions assist in automating and streamlining processes and thereby minimizes drug development costs.

Clinical research organizations (CRO) pharmaceutical companies are the primary end users for eClinical solutions and growth in the number of CROs is stimulating the growth of the global eClinical solutions market.

Other driving factors include expansion of R&D budget by pharma-biotech companies and rapid adoption of cloud computing technologies. However, the lack of skilled professionals to operate eClinical solutions, lack of research professionals, and the high cost of implementation are likely to dampen the growth of the global eClinical solutions market. Other restraining factors include concerns over data security, budgetary constraints faced by biotech and pharmaceutical companies and lack of awareness among the research community.

Major Key Players:

eClinical Solutions Inc, Medidata Solutions Inc, Datatrak International, ERT Clinical, Omnicomm Systems Inc, Parexel International Corporation, Maxisit Inc,

Merge Healthcare Inc, Bioclinica Inc, Oracle Corporation, and CRF Health are some of the EClinical Solutions Market Players in the market.

Segment Analysis

The global eClinical solution market has been segmented based product, delivery mode, and end-users.

Product-wise segmentation of the global eClinical solution market includes clinical data management systems (CDMS), randomization & trial supply management systems (RTMS), clinical analytics platform, electronic clinical outcome assessment (ECOA), clinical trial management systems (CTMS), clinical data integration platforms, safety solutions and electronic trial master files (ETMF), and electronic data capture (EDC).

By delivery mode, the global eClinical solution market has been segmented into web-hosted (on demand), licensed enterprise (on-premise) and cloud-based (SaaS).

By end users, the global eClinical solution market has been segmented into academic research organizations, consulting service companies, medical device manufacturers, hospitals, contract research organizations, and pharmaceutical companies.

Regional Analysis

The eClinical solutions market is spanned across the regions of the Americas, Europe, Asia Pacific, and the Middle East & Africa. The Americas is the largest market for eClinical solutions driven by a rise in a number of clinical trials in the region, increasing financial support from the government and presence of major players in the region.

 

Europe too is a significant market. High investment in R&D activities and the development of emerging economies which hold strong growth potential propel the growth of the eClinical solution market in Europe.

Asia Pacific market for eClinical solutions is expected to grow at the fastest rate over the forecast period. Increasing funding from the government to support clinical research and growth in a number of outsourcing of clinical trials in the developing economies of Asia Pacific boost the growth of the market. The Middle East & Africa market is expected to exhibit the least growth 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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Telemedicine Market Global Demand, Production Growth, Top Key Players and Forecast to 2032

Telemedicine Market

Telemedicine is the use of telecommunication and information technologies to provide healthcare services remotely. It includes various healthcare services such as consultations, diagnoses, treatment, and monitoring of patients. The telemedicine market has been rapidly growing due to technological advancements and increased adoption of telemedicine services.

The telemedicine market was valued USD 67.3 Billion in 2021 and is expected to surpass the value of over USD 502.2 Billion by the year 2032 while registering a CAGR of 18.9% during the forecast period 2023-2032.

The market can be segmented based on type, application, and region. Based on type, the telemedicine market can be segmented into real-time telemedicine, store-and-forward telemedicine, and remote patient monitoring. Real-time telemedicine involves the use of live video conferencing to provide healthcare services, while store-and-forward telemedicine involves the exchange of medical information between healthcare providers. Remote patient monitoring involves the use of connected devices to monitor and collect patient data remotely.

Segment Analysis

The global telemedicine market is segmented based on service type, component, deployment, application, and end-user.

By service type, the market has been segmented into telenursing, tele pharmacy, teleradiology, tele dermatology, tele-oncology, others.

By component, the market has been segmented into software and hardware. The software segment is further segmented into integrated software and standalone software. The hardware segment is further segmented into monitors and medical peripheral devices.

By deployment, the market has been segmented into cloud-based and on premises.

By application, the market has been segmented into cardiology, ophthalmology, psychiatry, radiology, dermatology, and others.

By end-users, the market has been segmented into hospitals, clinics, home care.

Major Key Players:

Notable Telemedicine Market Players are AMD Global Telemedicine, Inc., CareClix, Cisco, IBM Corporation, Iris Telehealth, Medtronic, TeleVital, Allscripts Healthcare Solutions, Honeywell Lifesciences, Care Innovations, Aerotel Medical Systems Ltd., CardioNet, Cerner Corporation, GENERAL ELECTRIC, Intel Corporation, Koninklijke Philips N.V., TeleVital, Allscripts Healthcare Solutions, Honeywell Lifesciences, Care Innovations, Aerotel Medical Systems Ltd., and others.

Regional Analysis

The key markets of the global telemedicine market include the Americas, Europe, Asia-Pacific and the Middle East & Africa. The us telemedicine account for the largest share of the market owing to the presence of a well-developed healthcare sector in the region. Rising adoption of telemedicine, increased expenditure on healthcare and the concentration of major players in the region are other factors supporting the dominance of the region. Europe is the second largest market after the Americas owing to the increased adoption of novel technologies in the healthcare sector and rising government support to improve healthcare facilities in the region. Developed economies like Italy, U.K, France, and others are the key contributors, making western Europe the leading market. Asia-Pacific is slated to emerge as the fastest growing market due to the presence of a vast patient pool and growing adoption of telemedicine in the developing economies of the region including china telemedicine. The Middle East & Africa hold the smallest share in the global telemedicine market due to slow adoption of telemedicine owing to weak economic conditions, lack of adequate health care facilities in the region, especially within Africa. However, the Middle East market is consolidated and accounts for the majority share in the Middle East & Africa 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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Organ-on-a-chip Market Players, Opportunities, Analysis and Forecast to 2030

Organ-on-a-chip Market

Organ-On-a-Chip Market (OOC) is expected to hold a value of USD 115.9 Million by 2030 at a CAGR of 11.80%.

Organ-on-a-chip (OOC) technology is a rapidly developing field that is poised to revolutionize drug discovery and development, as well as personalized medicine. Organ-on-a-chip devices are essentially miniature versions of human organs, which are created using microfabrication techniques and can be used to model the behavior of human organs in vitro. These devices offer several advantages over traditional cell culture models, including more accurate predictions of drug efficacy and toxicity, as well as the ability to study complex disease processes.

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

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

Segment Analysis

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

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

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

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

Major Key Players:

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

Regional Analysis

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

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

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

About Market Research Future

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

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

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

Contact us:

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New York, New York 10013

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Gene Therapy Market Business Growth | Size, Value Share, Industry Segment and Forecast to 2030

Gene Therapy Market

Gene Therapy Market is expected to rise at a CAGR of 19.10%, with a value of USD 3.22 billion by 2030.

The gene therapy market refers to the development and commercialization of therapeutic products that use genetic material to treat or prevent diseases. Gene therapy involves the introduction of genetic material, such as DNA or RNA, into cells to correct or modify their function. The goal of gene therapy is to treat the underlying genetic cause of a disease, rather than just managing its symptoms.

The global gene therapy market has been growing rapidly in recent years, driven by advances in gene editing technologies, an increasing understanding of genetic diseases, and the potential for gene therapy to provide a one-time cure for certain diseases.

Gene therapy involves therapies that target the genetic root cause of a disease and eradicate the disease at this base level. The system is focused on the use of introduced nucleic acids as an alternative to drugs. The use of edited genes can eradicate the need for drugs altogether, as, in future, scientists will be able to cure diseases by simply introducing a novel genetic component into the genome of the patient. The introduction of the CRISPR gene editing tool is a major driver for the global gene therapy market, as this has made gene editing much easier than before.

The growing prevalence of cancer has driven the demand for effective gene therapies for the same. This is likely to be a major driver for the global gene therapy market over the forecast period. The increasing prevalence of cancer has been a major strain on healthcare resources around the world. As a result, many governments as well as private players have invested significantly in finding a treatment for cancer. This is likely to remain a major driver for the global gene therapy market over the forecast period.

Major Key Players:

Some of the Gene Therapy Market Players are Amgen, Inc. (US), Novartis AG (Switzerland), Spark Therapeutics, Inc. (US), Gilead Sciences, Inc. (US), uniQure N.V. (Netherlands), Orchard Therapeutics plc (UK), Celgene Corporation (US), Bristol-Myers Squibb Company (US), Thermo Fisher Scientific Inc. (US), CEVEC (Germany), and Lonza (Switzerland).

Segment Analysis

The global gene therapy market has been segmented based on product, indication, and end user.

The market, based on product, has been divided into kymriah, luxturna, yescarta, zolgensma, strimvelis, zynteglo, imlygic, and others.

The global gene therapy market has on the basis of indication is segmented, into oncology, genetic diseases/ disorders, and others. The oncology segment is expected to hold the largest market share and to be the fastest-growing segment due to high prevalence of cancer and robust pipeline for cancer gene therapy.

The end-user segments of the market are hospitals & clinics, specialty treatment centers, and others. The hospitals & clinics segment is expected to hold the largest market share due to increasing number of hospitals. Also, hospitals are generally the first treatment choice for diseases.

Regional Analysis

The global gene therapy market is studied across four major regions: Asia-Pacific, Europe, the Americas, the Middle East, and Africa.

According to the MRFR reports, the American regional gene therapy market is likely to dominate globally over the review timeframe. The regional market's growth is driven by the rising per capita medical care consumption and the expanding pervasiveness of quality treatment. The regional market is further divided into Latin America and North America.

The European regional market will likely register substantial growth over the review timeframe. The region is further divided into Eastern Europe and Western Europe. The well-established medical infrastructure is driving the regional market's growth.

The Asia-Pacific region is projected to grow at the highest pace over the coming years. The bringing issues are driving the regional market's growth to light about the treatment strategies and growing number of patients.

Given the lack of skilled professionals and poor health infrastructure, the gene therapy market for the Middle East & African region is likely to record the CAGR over the assessment timeframe.

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

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G-Protein Coupled Receptors Market 2022 | Size, Value Share, Latest Trend, Key Player Review and Forecast to 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.

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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Radiology Services Market Outlook, Analysis 2022 to 2030 | Industry Demand, Size, Share, Trend, Key Players Review

Radiology Services Market

The Radiology Services Market Share is expected to register a CAGR of 19.7% to reach USD 5.3 billion during the forecast period.

The radiology services refer to an expert consultant treating disease by choosing the proper examination, interpreting the resulting medical images, and using test results in monitoring the operations of medical care, treating diseases by using radiation or minimally invasive, image-guided therapeutic arbitration.

The increasing healthcare expenditure, prevalence of the chronic disease, technology advancement, the emergence of thin client 3D viewers, increasing demand for minimally invasive procedures are the factor driving the growth of the market. Moreover, rising spending on research and development and aggressive strategies adopted by the top players, such as new product launches, are contributing to the growth of the marketFor instance, according to a research paper published by the National Center for Biotechnology Information (NCBI) in September 2016, diabetes will be the 7th leading cause of death by 2030. Also, 80% of diabetes patients live in less developed regions in the world. Increasing cases of obesity, socioeconomic transitions, and nutrition transitions are promoting the occurrence of diabetes, especially in low & middle-income countries, such as Brazil, Russia, India, China, and South Africa. Therefore, the rising prevalence of diabetes is supporting market growth.

Radiology Services Market Outlook and Analysis by Product Type, Application, Technology End User (Hospitals, Diagnostic Centers and others) - Forecast till 2030.

However, high radiation exposure associated with the devices may hinder the growth of the market during the assessment period.

Major Key Players:

Some of the Radiology Services Market Players are 4ways Healthcare Limited, Cybernet Medical Corporation, Everlight Radiology, Global Diagnostics, Medica Reporting Ltd., Onrad, Inc, Radisphere National Radiology Group Inc., RamSoft Inc., Siemens Healthcare, Telediagnostics Services Pvt. Ltd., Telemedicine Clinic, Teleradiology Solutions Inc, and Virtual Radiology (vRAD).

Segment Analysis

The global radiology services market has been segmented on the basis of product type, application, technology, end user, and region.

On the basis of the product type, the market has been segmented into stationary digital radiology systems and portable digital radiology systems. teleradiology services, stationary digital radiology systems have been further segmented into stationary ceiling-mounted systems and floor-to-ceiling mounted system. On the basis of the application, the market has been classified into cardiovascular imaging, chest imaging, dental imaging, mammography imaging, orthopedic imaging, and others. Based on the technology, the market has been segmented into computed radiology and direct digital radiology. On the basis of the end user, the market has been classified as hospitals, diagnostic centers, and others. The stationary digital radiology segment is likely to hold the noticeable market share of the radiology services market due to the rising demand for stationary systems in hospitals, wide application, and less radiation exposure. However, portable digital radiology segment is showing the highest growth rate during the assessment period owing to simplicity in workflow, low-cost, and proficiency performing complex computational tasks.

Regional Analysis

By region, the radiology services market report covers the latest trends and growth opportunities across the Americas, the Asia Pacific (APAC), Europe, and the Middle East and Africa (MEA). Of these, the Americas will dominate the market over the forecast period. Factors aiding growth in this region include increasing funding and investments, increasing chronic disease, increasing aging population, and initiatives undertaken by the government towards advanced healthcare infrastructure. 

The radiology services market in Europe is predicted to have the second-largest share over the forecast period. Factors aiding growth in this region include favorable reimbursement policies, increasing R&D, and support and funding from the government for the healthcare sector. 

The radiology services market in the APAC region is predicted to grow at the fastest pace over the forecast period. Factors aiding growth in this region include expansions by key market players, increasing investments in healthcare, and the growing prevalence of cancer. 

The radiology services market in the MEA is predicted to have a small share 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.

Contact us:

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

99 Hudson Street, 5Th Floor,

New York, New York 10013

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Email: sales@marketresearchfuture.com

Atherectomy Devices Market Players Update, Business Opportunity and Global 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.

Contact us:

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

99 Hudson Street, 5Th Floor,

New York, New York 10013

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Artificial Insemination Market Players, Share, Size, Trend, SWOT Analysis and Forecast to 2030

Artificial Insemination Market The artificial Insemination market   is expected to reach USD 8.9 billion by 2030 at CAGR of 8.6% during t...