Hernia Repair Market - Global Industry Growth and Forecast – 2027

 Hernia Repair Market 2021

The market for hernia repair is growing steadily and expected to continue its growth similarly in near future.  Hernia can be caused due to anything that causes an increase in pressure in the abdomen. Hernia is a protrusion of an organ through a weak spot in the surrounding connective tissue called as a fascia. Some of the major factors in the advancements in the hernia repair such as transition into tension-free technique that incorporates the use of flat sheets of mesh instead of sutures, adoption of large pore meshes, and the adoption of laparoscopic surgeries instead of conventional open technique. Laparoscopic surgery being the minimally invasive surgery has several advantages over conventional open tension-free surgery. The use of laparoscopic surgery has proved to be favourable for both surgeons and patients as it offers benefits such as low recurrence rates, less post-operative pain and reduced recovery time. According to the reports nearly 90,000 laparoscopic hernia repair surgeries are performed in United States every year which drives the market to a great extent. Increasing number of hernia patients, adoption of the minimally invasive surgery techniques such as laparoscopy for hernia repair and innovative product development by the leading market players are some of the factors that boost the growth of the hernia repair market. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.

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Major Key Players:

A.M.I. GmbH (Austria), Angiologica B.M. (Italy), Aspide Medical (France), Atrium Medical Corporation (Germnay), B. Braun Melsungen AG (Germany), Baxter Internationals (U.S.), C. R. Bard, Inc. (Davol Inc) (U.S.), COOK MEDICAL INC. (U.S.), Cousin Biotech (France), Covidien (Medtronic) (Republic of Ireland), Ethicon (U.S.), Integra Life Sciences Corporation (U.S), and ABISS (France) are some of the prominent players at the forefront of competition in the Global Hernia Repair Market and are profiled in MRFR Analysis. 

Regional Analysis

Depending on geographic region, hernia repair market is segmented into four key regions: Americas, Europe, Asia-Pacific, and Middle East & Africa. Considering the global scenario of the market, Americas region is believed to be the largest market for hernia repair. North America is the leading market in the America region due to increasing hernia patient population, increasing adoption of minimal invasive surgeries. Moreover, minimally invasive means the degree of invasiveness of the procedure is minimum, thus, is also referred as key whole surgery. At the University of Chicago Medicine, over 70% of major lung resection surgeries are performed using minimally invasive techniques. Furthermore, the European market is also growing continuously and slowly catching up with the American market in the near future. On the other hand, Asia-Pacific market is expected to grow at the fastest pace in the hernia repair segment during the forecasted period. Middle East & Africa region are likely to have a limited but steady growth in the market.  

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Europe Diabetes Pen Market by Type, Share, Application and Forecast Till 2027

 Europe Diabetes Pen Market 2021

The report firstly introduced Europe, the Middle East and Africa Diabetes Pen Market including classification, application and industry chain overview; Then we deeply analyzed Europe, the Middle East and Africa growth forecast indicators by the as well as the regional market conditions that including the product price, profit, utilization, supply, demand and industry growth rate etc. In the end, the report introduced medical suction device market SWOT analysis, PEST analysis, market share analysis and competitive landscape, company profiles by analyzing the major players. It is a depth research study on Europe, the Middle East and Africa Diabetes Pen Market. We are thankful for the support and assistance from Europe, the Middle East and Africa Diabetes Pen Market chain related technical experts and marketing experts during Research Team survey and interviews.

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Major Key Players:

Becton, Dickinson, Novo Nordisk A/S, Ypsomed Holding Ag, Owen Mumford, Ltd., Sanofi, Eli Lilly, Merck Animal Health

Segment Analysis

The global diabetes pens market is segmented on the basis of product type, usage, distribution channel, and region.

By type, the global diabetes pens market is segmented into insulin pens and insulin pen needles.

On the basis of usage, the global diabetes pen market is segmented into reusable and disposable.

By distribution channel, the market is segmented into hospital pharmacies, retail pharmacies, online sales, and diabetes clinics.

Regional Analysis

Europe is the second-largest market in the global landscape and is expected to witness negligible growth during the forecast period. Herein, the growth of the region is attributed to the extensive usage of diabetes pen in the United Kingdom.

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Host Cell Contaminant Testing Market Statistics, Trends, Segmentation Analysis and Forecast to 2027

 Host Cell Contaminant Testing Market 2021

According to MRFR analysis, the global host cell contaminant testing market is expected to register a CAGR of ~4.9% from 2021to 2027 and hold a value of over ~USD 400 million in 2027.

The increasing demand for personalized medicine and advancements in biopharmaceuticals are some of the factors that are likely to drive the growth of the host cell contaminant testing market. Increasing incidences of chronic diseases such as cancer and increasing R&D activities will create opportunities for the host cell contaminant testing market in the future. Host cell contaminants are introduced during the process of expressing and producing biological drugs using cultured cells. The concentration of host cell proteins in samples from drug substances and downstream purification is determined by host cell contaminant testing. Host cell contaminant testing plays an important role in both the safety and efficacy of a medicine. The host cell contaminant testing is performed by various techniques, such as host cell protein assay (ELISA, Immunoligand Assay, SDS-PAGE, and Immunoblotting) and host cell DNA assay (Quantitative PCR and Dot-Blot Hybridization).

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Major Key Players:

Some of the key players in the global host cell contaminant testing market are BioGenes GmbH (Germany), Bio-Rad Laboratories, Inc. (US), Cisbio Bioassays SAS (France), Cygnus Technologies LLC (US), Enzo Life Sciences, Inc. (US), ForteBio (US), GE Healthcare (US), Molecular Devices LLC (US), ProteinSimple (US),and Thermo Fisher Scientific, Inc. (US).

Segment Analysis

The global host cell contaminant testing market has been segmented into type and end user.

By type, the market has been segmented into host cell protein and host cell DNA assay. Host cell protein assay is further sub-segmented into ELISA, ILA, SDS-PAGE, and immunoblotting. Host cell DNA assay is further bifurcated into quantitative PCR and DOT-Blot hybridization. Host cell protein assay heldalarger share of the market in 2020due toincreasing expenditure for R&D activities.

Based on end user, the global host cell contaminant testing market has been classified asbiopharmaceutical companies, contract research organizations, contract manufacturing organizations, and academic & research institutes.The biopharmaceutical companies segment held the largest segment share in 2020, owing to high investment in the field of biopharmaceuticals.

Regional Analysis

North America is expected to dominate the host cell contaminant testing market in 2021, owing to developments such as new technology launches, improved efficiency, and productivity in the biopharmaceutical industry, increasing investment in R&D activities by companies, and improved healthcare infrastructure in the region. Healthcare companies are also focusing on developing novel techniques for host cell contaminant testing, which is fueling the growth of the market.

Europe is expected to hold a significant share in the host cell contaminant testing market due to established R&D facilities across the region. In addition, the presence of supportive regulatory systems and the development of innovative and cost-effective host cell contaminant testing solutions by companies in the region are also expected to boost growth.

Asia-Pacific is anticipated to be the fastest-growing regional market during the forecast period. This growth is attributed to the presence of a large target population suffering from chronic diseases such as cancer and increasing government investment in healthcare infrastructure. In addition, the increasing R&D investments by the major players in the region are alsocreating opportunities for marketplayers.

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Insulin Biosimilars Market - Global Industry Analysis by Size, Share and Forecast 2021 – 2027

 Insulin Biosimilars Market 2021

According to MRFR analysis, the Global Insulin Biosimilars Market is expected to register a CAGR of 5.4% during the forecast period of 2020 to 2027 to reach USD 3.3 Billion by 2027.

A disease in which the body’s ability to produce or respond to the hormone insulin is impaired, resulting in abnormal metabolism of carbohydrates and elevated levels of glucose in the blood is termed as diabetes. Biosimilar insulin is designed to be highly similar to the original, or reference, insulin product described in a patent. As patents for major branded insulin products start to expire, a number of biosimilar insulin are expected to launch in the coming years.

The USFDA approved new insulin glargine Basaglar, for type 1 and type 2 diabetes which is a biosimilar version of Sanofi’s basal insulin Lantus (insulin glargine). Additionally, Lilly and Boehringer Ingelheim’s biosimilar insulin glargine has got approval through the European Medicines Agency’s (EMA’s) Biosimilar pathway. Such ongoing approvals by the respective authorities are expected to drive the growth of the insulin biosimilars market. An analysis conducted by the FDA revealed that the US marketed biosimilars typically launched with 15% to 35% lower initial list prices than comparative list prices of reference products. Additionally, even with only 1 generic on the market, list prices can drop by 31% to 39%. The reduction in cost helps patients to adhere to the treatment, thereby increasing the preference for biosimilar products.

FDA hopes to spur insulin biosimilar development with easier clinical trial requirements. In the draft guidance, the agency proposed guidelines reducing the need for clinical trials to test insulin biosimilars for the potential to provoke immune system reactions. Similarly, European regulators stopped recommending immunogenicity trials for insulin biosimilars since 2015.

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Major Key Players:

Some of the key players in the global insulin biosimilars market are Sanofi S.A., Boehringer Ingelheim, Eli Lilly & Co., NOVO Nordisk A/S, Biocon, Merck & Co., Mylan N.V., Pfizer Inc., Sandoz, Fresenius Kabi, and others.

Segment Analysis

The global insulin biosimilars market has been segmented based on type and indication.

The market, based on type, has been divided into rapid-acting biosimilars, long-acting biosimilars, and premixed biosimilars. The long-acting biosimilars are likely to hold maximum market share in the global insulin biosimilars market owing to its benefits in the treatment for diabetes. Pre-mixed insulins are pre-formulated combinations of rapid-acting and long-acting insulin; they provide an approximation of basal/bolus therapy with the advantage of fewer total injection.

Based on indication, the insulin biosimilars market has been bifurcated into type I diabetes and type II diabetes. The type II diabetes segment is anticipated to hold a larger share in the market due to a large number of patients suffering from the condition as compared to type I diabetes.

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas are anticipated to hold the largest market share owing to the higher number of diagnosed patients undergoing treatment, available healthcare infrastructure, and the presence of prominent players in this region. The insulin biosimilars 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 insulin biosimilars 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 insulin biosimilars market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the rising prevalence of diabetes and the expansion of healthcare facilities, the market in Asia-Pacific is expected to be the fastest-growing. The insulin biosimilars market in the Middle East & Africa has been divided into the Middle East and Africa.

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Spinal Cord Stimulator Market, Get Market Research, Business Risk & Industry Analysis Reports 2027

 Spinal Cord Stimulator Market 2021

According to MRFR analysis, Global Spinal Cord Stimulator Market is expected to register a CAGR of 8.95% during the forecast period of 2019 to 2025 and was valued at USD 1,994.16 Million in 2018.

Spinal cord stimulator is an implantable neuromodulation device used for the treatment of certain pain conditions. The device functions by sending electric signals to the areas of the spinal cord that are in pain.

The growth of the global spinal cord stimulator market can be attributed to the rising prevalence of degenerative disc disease, increasing R&D expenditure by companies to develop innovative cord stimulators, growing geriatric population, and rising technological advancements. For instance, technology has resulted in reduced cost of the final product for end-user while increasing the capabilities of the system. Technological advancement in spinal cord stimulation (SCS) represent some of the most developments in pain management. Additional developments in this field include high-frequency spinal cord stimulation (SCS), a novel spinal cord stimulation (SCS) system that permits a pulse rate up to 10 kHz with more effective anatomic positioning, providing paresthesia-free pain relief; percutaneous leads and paddles, which permit tailored stimulation patterns for patients with chronic pain.

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Major Key Players:

Some of the key players in the global spinal cord stimulator market are Boston Scientific Corporation (US), Abbott (US), Nevro Corp. (US), Medtronic (Ireland), Stimwave LLC (US), Nuvectra (US), Beijing PINS Medical Co., Ltd (China), Cirtec (US), NeuroSigma, Inc. (US), Synapse Biomedical Inc. (US), and others.

Segment Analysis

The Global Spinal Cord Stimulator Market has been segmented based on Technology Type Application, and End User.

Based on the technology type, the global spinal cord stimulator market has been segmented into a conventional implantable pulse generator, rechargeable implantable pulse generator, and radiofrequency stimulator. The conventional implantable pulse generator (IPG) segment held the largest market share in 2018 owing to its high preferred type by hospitals, and excellent in long-term relief in 60%-80% patients suffering from chronic pain.

The global spinal cord stimulator market, based on application, has been segmented into failed back surgery syndrome, complex regional pain syndrome, arachnoiditis, sciatica, degenerative disc disease and others. The failed back surgery syndrome (FBSS) segment held the largest market share in 2018 due to the increasing prevalence of failed back surgery syndrome (FBSS) worldwide.

The market based on end-user has been segmented into hospitals & clinics, ambulatory surgical centers, and others. Hospitals & clinics segment held the largest market share in 2018 owing to the rising in visits of patients.

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas region is held the largest market in 2018 owing to the rising prevalence of degenerative disc disease and the increasing adoption of technologically advanced products in the region. The spinal cord stimulator 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. For instance, market players like FDA approved Medtronic devices, the company holds up to 38% of the US market, according to recent studies.

The European spinal cord stimulator 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 spinal cord stimulator market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the increasing number of patients suffering from chronic & neuropathic pain and a growing geriatric population, the market in Asia-Pacific is expected to be the fastest-growing. The spinal cord stimulator market in the Middle East & Africa has been divided into the Middle East and Africa.

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

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Somatostatin Analogs Market - Global Industry Growth, New Opportunities and Forecast – 2027

 Somatostatin Analogs Market 2021

According to MRFR analysis, Somatostatin Analogs Market is expected to register a CAGR of 6.8% during the forecast period of 2019 to 2025 and is anticipated to reach USD 8,640 Million by 2025.

The growth of the global somatostatin analogs market is driven by various factors such as increasing research & development activity in the somatostatin analogs market and increasing numbers of players involved in the development of generic versions of somatostatin analogs. Some of the key companies operating in this market are Nodysis Pharma, United Biotech, Wockhardt, Neiss, Sun Pharma, and Ferring Holding SA, among others. In addition, the rising incidence rate of the NETs; and increasing efforts by government bodies and public and private organizations to increase awareness about Acromegaly are some of the other factors for the growth of the somatostatin analogs market.

However, lack of awareness leading to a high number of undiagnosed people, and the availability of the alternative treatment options for the treatment of NETs and Acromegaly are thwarting the growth of the somatostatin analogs market.

The Global Somatostatin Analogs Market was dominated by a few players in the past. However, the increasing demand for treatment options is creating opportunities for new entrants to step into the market. Thus, there is a change in the competitive scenario in the somatostatin analogs market. A large number of companies in the market, such as Camurus AB and Chiasma Inc., among others have the product pipeline of somatostatin analogs. The increasing number of companies bring more investments in the market which positively impacts the growth of the market.

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Major Key Players:

Some of the Key Players in the Global Somatostatin Analogs Market are Novartis AG (Switzerland), Ipsen Pharma (France), Fresenius Kabi (Germany), Peptron (South Korea), Pfizer Inc. (US), and Teva Pharmaceuticals Inc. (Israel).

Besides these key players, there are several potential market entrants which are working on the pipeline products in the somatostatin analogs market. Some of these players are Camurus AB (Sweden), Chiasma, Inc. (US), Crinetics Pharmaceuticals (US), Dauntless Pharmaceuticals (US), Midatech Pharma plc (UK), and Sun Pharmaceutical Industries Ltd (India), among others.

Segment Analysis

The Global Somatostatin Analogs Market has been Segmented Based on Type and Application. The market, based on type, has been divided into Octreotide, Lanreotide, and Pasireotide. The Octreotide segment is likely to hold the largest during the review period as it is the most commonly used type of vaccine and is commercially available across the globe. Pasireotide is predicted to be the fastest-growing segment due to the growing awareness about the treatment options for Cushing’s Syndrome which is commonly treated by Pasireotide.

The global somatostatin analogs market has been segmented, on the basis of application, into neuroendocrine tumors (NETs), acromegaly, Cushing’s syndrome, and others. The neuroendocrine tumor segment is expected to hold the maximum share of the market throughout the forecast period. The acromegaly segment is expected to be the fastest-growing during the assessment period.

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 increased awareness about NET’s and high per capita disposable incomes. The somatostatin analogs 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 high occurrence of NET’s in US is one of the reasons for the growth of the market in the country. The European somatostatin analogs market is the fastest-growing market, and it has been categorized as Western Europe and Eastern Europe. The Western European market has further been divided as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The presence of a number of product manufacturers such as Novartis AG (Switzerland), Ipsen Pharma (France), Fresenius Kabi (Germany) is one of the factors pushing the growth of the regional market. The somatostatin analogs market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the rising per capita healthcare expenditure and growing awareness towards the treatment of acromegaly and NETs, the market in Asia-Pacific is expected to grow at a significant rate during the forecast. The somatostatin analogs market in the Middle East & Africa has been divided into the Middle East and Africa.

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

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Systemic lupus erythematosus Treatment Market 2021: Size, Share, Analysis and Forecast-2027

 Systemic lupus erythematosus Treatment Market 2021

According to MRFR analysis, Systemic Lupus Erythematosus Treatment Market is expected to register a CAGR of 6% during the forecast period of 2019 to 2025 and was valued at USD 1.06 Billion in 2018.

Systemic lupus erythematosus (SLE) is an autoimmune disease in which the body attacks its healthy cells. The organs affected in the disease can be joints, skin, brain, and kidney amongst others. Causes of SLE can be genetic, hormonal, environmental or side effects of other medicines.

The growth of global systemic lupus erythematosus treatment market is driven by various factors such as High prevalence & incidence of systemic lupus erythematosus, product launches by key players, strong product pipeline, and increasing awareness regarding systemic lupus erythematosus. However, the stringent regulatory policies and side effects of medications are expected to curb the growth of the global systemic lupus erythematosus treatment market.

The global systemic lupus erythematosus 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.

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Major Key Players:

Some of the key players in the Global Systemic Lupus Erythematosus Treatment Market are Sanofi (France), F. Hoffmann-La Roche Ltd (Switzerland), Novartis AG (Switzerland), Pfizer Inc. (US), GlaxoSmithKline plc (UK), AstraZeneca (UK), Eli Lilly and Company (US), Bristol-Myers Squibb Company (US), Amgen Inc. (US), Anthera (US), and Johnson & Johnson Services, Inc. (US).

Regional Analysis

The market has been divided, by region, into Europe, the Americas, Asia-Pacific, and the Middle East & Africa. The Americas are expected to be the largest market owing to the presence of key players and high healthcare expenditure. The systemic lupus erythematosus 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. Europe holds the second-largest market share. The European systemic lupus erythematosus 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 systemic lupus erythematosus treatment market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the increasing awareness regarding Systemic lupus erythematosus and increasing population affected by the disease, the market in Asia-Pacific is expected to be the fastest-growing. The systemic lupus erythematosus treatment market in the Middle East & Africa has been divided into the Middle East and Africa and is expected to hold the least market share.

Segmentation

The global systemic lupus erythematosus treatment market has been segmented based on treatment, route of administration, and distribution channel. Based on treatment, the market has been divided into corticosteroids, Nonsteroidal anti-inflammatory drugs (NSAIDs), Antimalarials, and Immunosuppressive agents and immune modulators. Global systemic lupus erythematosus treatment market has been segmented on the basis of route of administration, into oral, intravenous, and subcutaneous. The distribution channel segments of the market are Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies.

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

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

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Diabetic Neuropathy Treatment Market - Global Industry Growth and Forecast – 2027

 Diabetic Neuropathy Treatment Market 2021

According to MRFR analysis, the global diabetic neuropathy treatment market is expected to register a CAGR of 5.1% during the forecast period of 2019 to 2025 and was valued at USD 5.80 Billion by 2025.

Diabetic neuropathy is one of the most common complications of diabetes. Patients suffering from diabetic neuropathy often report burning pain in foot. The rising prevalence of diabetic neuropathy can be seen worldwide. Around 83% people in the US are suffering from diabetic neuropathy. According to Japanese study around 298 people were diagnosed with diabetic neuropathy in 2017. The growth of the global diabetic neuropathy treatment market is driven by various factors such as an increasing global geriatric population, rising prevalence of diabetes, and poor fitness levels. However, high costs of surgery are expected to curb the growth of the global diabetic neuropathy treatment market.

The global diabetic neuropathy 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.

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Major Key Players:

Some of the key players in the global diabetic neuropathy treatment market are Abbott Laboratories (US), F. Hoffmann-La Roche Ltd (Switzerland), Eli Lilly and Company (US), Johnson & Johnson (US), GlaxoSmithKline Plc (UK), Lupin Limited (India), Glenmark Pharmaceuticals Limited (India), Depomed, Inc (US), Astellas Pharma Inc (Japan), Pfizer Inc (US), MEDA Pharma GmBH & Co. KG (Germany).

Segment Analysis

The global diabetic neuropathy treatment market has been segmented based on disorder, treatment, and end user.

The market, based on disorder, has been divided into peripheral neuropathy, autonomic neuropathy, proximal neuropathy, and focal neuropathy. The peripheral neuropathy segment is likely to be the largest during the review period due to a growing aging population and increasing prevalence of peripheral neuropathy globally. Around 1.3 million Americans are diagnosed with peripheral neuropathy every year. The autonomic neuropathy segment is predicted to be the fastest-growing due to the rising prevalence of the disorder in the elderly population.  

The global diabetic neuropathy treatment market has been segmented, on the basis of treatment, into drugs, transcutaneous electrical nerve stimulation (TENS), and others. The drugs segment is expected to hold the majority share of the market. The drugs help increase muscle strength and quicken the recovery process. The transcutaneous electrical nerve stimulation segment is expected to be the fastest-growing due to the increasing use of this treatment for diabetic neuropathy. The cost of the treatment is also less as compared to other treatment types.

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 diabetic neuropathy and rising per capita healthcare expenditure. The diabetic neuropathy 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 diabetic neuropathy 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 diabetic neuropathy treatment market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the increasing patient pool of diabetic neuropathy and raising awareness about the treatment methods, the market in Asia-Pacific is expected to be the fastest-growing. The diabetic neuropathy treatment market in the Middle East & Africa has been divided into the Middle East and Africa.

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About Market Research Future

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

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

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

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Healthcare Fraud Detection Market by Type, Share, Application and Forecast Till 2027

 Healthcare Fraud Detection Market 2021

Global Healthcare Fraud Detection Market, during the forecast period 2016 to 2024, will register growth at a CAGR of 28.83%. The market for Healthcare Fraud Detection is set to reach US$3,787.68 million by 2024. As per market analysts, the global market is anticipated to witness growth owing to the factors such as expanding patient pool opting for healthcare insurance as well as alarming rise in fraudulent events in the healthcare industry. However, the market will face challenges and restraints due to low awareness level in developing countries and lack of Healthcare Fraud Detection Technology during the forecast period 2016 to 2024. 

The rising pressure to track abuse and fraud in healthcare in the market is set to play a key role in determining the growth potential during 2016 to 2024 years. Analysts have also studied the market to understand potential threats and challenges the Healthcare Fraud Detection Market Companies could face. Although the market is poised to grow at a fast pace across application, component, delivery model, end-users, and type segments, factors such as companies unwilling to adopt new technologies could slow down the market's growth worldwide. 

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Major Key Players:

DXC Technology Company

UNITEDHEALTH group

SAS Institute Inc.

WIPRO LIMITED

EXLSERVICE Holdings Inc.

International Business Machines Corporation (IBM)

COTIVITI INC.

McKesson Corporation

CGI INC

FAIR ISAAC Corporation and LEXISNEXIS

Segment Analysis

The Healthcare Fraud Detection Market has been segmented into application, component, delivery model, end-users, and type. Based on the segment which is application, the market is categorized on the basis of insurance claims review and payment integrity. The global market for healthcare fraud detection is further segmented based on component into services and software. Furthermore, the market, on the basis of delivery model is segmented into on-premise and cloud-based. Based on the segment which is end-users, the market is categorized on the basis of public/government agencies, third party service providers, and private insurance payers. The global market for Healthcare Fraud Detection is further segmented based on type into predictive analytics, prescriptive analytics, and descriptive analytics. 

Regional Analysis

Lower awareness level regarding healthcare fraud may hinder the market growth. The market research report suggests that could be supported by a huge patient pool opting for health care insurance as well as the growing number of healthcare BPO during the forecast period. The Healthcare Fraud Detection Market is set to register growth at a high CAGR owing to these key factors. The market is spread across North America, Europe, Asia-Pacific, and other parts of the world. The Global Research Report reveals that APAC, North America, and Europe regional markets will dominate the global market for Healthcare Fraud Detection during the forecast period 2016 to 2024. As per market analysts, the market is set to witness tremendous growth across software, private insurance payers, and cloud-based segments in North America which covers markets across the United States, Canada, Mexico and several other regional markets. Companies active in the healthcare fraud detection market are also analyzed and studied in the Market Research Report. 

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

About Market Research Future

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

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

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

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Medical Image Management Market Research Report - Global Forecast till 2027

 Medical Image Management Market 2021

The Global Medical Image Management Market is expected to register a CAGR of 7.80% during the forecast period with a market . Medical image management are software solutions used by medical service providers to store, retrieve, and analyze patient medical imaging data for better diagnosis and making treatment decisions.

The rising prevalence of chronic diseases, increasing spending on the healthcare it sector, and technological advancements in diagnostics sector are expected to enhance the market growth. However, the high costs of software solutions and privacy and security concerns are projected to curb the growth of the market.

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Major Key Players:

MRFR recognizes the following companies as the key players in the global medical image management market— GE Healthcare (US), Koninklijke Philips N.V. (Netherlands), Siemens Healthineers AG (Germany), McKesson Corporation (US), Sectra AB (Sweden), Agfa-Gevaert Group (Belgium), Carestream Health (US), Esaote SpA (Italy), Fujifilm Holding Corporation (Japan), and Novarad (US)

Segment Analysis

The global medical image management market, by product, has been segmented into picture archiving and communication system, vendor neutral archive (VNA), application-independent clinical archives, and enterprise viewers/universal viewers. By end user, the global medical image management market has been classified as hospitals, diagnostic imaging centers, and others.  

Regional Analysis

The global medical image management market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas accounted for the largest market in 2018 and is estimated to dominate the global medical image management market owing to the increasing prevalence of chronic diseases, rising adoption of healthcare IT by healthcare bodies, and an increasing number of medical imaging procedures performed.

Europe acquired the second largest market share in 2018. It is expected to register a CAGR of 8.12% by the end of the forecast period. The European market is expected to register a sturdy growth rate during the forecast period due to major driving factors such as rising patient population of strokes and cardiovascular disorders, increasing research on ultrasound, and availability of advanced treatment facilities amongst others. For instance, according to the 2017 statistics presented by the European Society of Cardiology, there were more than 6 million new cases of cardiovascular diseases in the European Union and more than 11 million in Europe as a whole.

Asia-Pacific is expected to witness significant growth and is projected to be the fastest growing region over the forecast period. The high growth rate is due to the rising demand for medical practitioners to produce appropriate vascular, orthopedic, breast, and cardiac images and integration of reports, images, and measurements into a patient’s complete record. India held a share of 17.8% in the Asia-Pacific medical image management market in 2018.

The Middle East & Africa accounted for the least market in 2018 and is forecasted to exhibit steady growth due to the high price of devices, lack of awareness regarding health, and lack of skilled professionals.

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

About Market Research Future

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

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

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

Contact Us:

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

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com