Friday 6 December 2019

CBD (Cannabidiol) Market Size, Growth and Analysis by Form (Solid and Liquid), Route of Administration (Tincture, Capsules, Inhalation (Smoke or Vapor) , Aerosol Spray), Product (Food Grade and Therapeutic Grade), Application (Neurogenerative Disorder, Fibromyalgia, Diabetes , Protein Bars , Energy Drinks), End User (Food & Beverage, Healthcare), Source (Organic Inorganic) and Region (North America, Europe, Asia Pacific, ROW) - Global Forecast till 2026

CBD Market Overview
The global CBD market size is poised to reach USD 22,07,162.54 million by 2026. It can achieve this mark by exhibiting a CAGR of 125.58% from 2019 to 2026 (forecast period). The use of CBD by patients for alleviating pain levels to a considerable degree is likely to drive the market demand till 2026. According to the National Center for Biotechnology, close to 62% of the global population used CBD for treating medical conditions between 2017 and 2018.

Cannabidiol (CBD) is a non-addictive compound found in the cannabis plant. Its properties of anti-inflammation, anti-anxiety, analgesic, and seizure-suppression are likely to induce heavy demand for the compound in food & beverage and personal skincare sectors. The report written by reputed analysts at Market Research asserts global CBD Industry growth trajectory for period between 2019 and 2026.

CBD Market Segmentation
The global CBD market analysis is majorly bifurcated based on its form, route of administration, production, inhalation, application, and end-user.

The form segment is divided into liquid and solid.
Based on the product, the global CBD market is classified into therapeutic grade and food grade.
Further, the application segment is bifurcated into protein bars, neurogenerative disorder, diabetes, fibromyalgia, and energy drinks.

The global CBD market is segmented into healthcare, personal care, and food & beverage; based on end-user industry.

Based on route of administration, the global CBD market is bifurcated into tincture inhalation, aerosol, and capsules. The inhalation segment is further divided into vapor and smoke.

CBD Industry Players
The key players functioning with their product offering maintaining the momentum of the global CBD market are CV Sciences, Elixinol Global Limited, Green Roads of Florida, Folium Biosciences, Elixinol Global Limited, Medical Marijuana, Inc., Canopy Growth Corporation, CBD Health Solutions, ENDOCA, and Freedom Leaf.

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

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Test Strip Market by Application (Diagnosis {Urinalysis [UTI, Liver Disease]} Pregnancy Test) Type (Fluorescein, Diabetic Strips, Urine test strip) End Users (Consumers, Hospitals, Clinics, Diagnostic Laboratories) - Volume & Value Global Forecast to 2021

The global Test Strip Market Size is expecting a sound growth at a CAGR of 12.8% during the forecasted period. Test strip is a type of diagnostic devices which is the most important tools in Point of Care (POC) diagnostics. These test strip helps to achieve rapid diagnosis of various critical diseases such as urinary tract infection (UTI), liver disease, kidney diseases, diabetes test, ophthalmic disease and others with precsion. Test strips are widely used for monitoring the blood glucose level in the diabetic patients. As per world Health Organization (WHO), it was estimated that in 2016, 420 million adult population is suffering from diabetes all over the world will and the number is expected to reach 625 million till 2040. The global test strip market is growing with the dynamic pace.

Increasing prevalence of diabetes, and other urinary tract diseases has supported the growth of this market. According to a recent study report published by the Market Research Future, the global test strip market is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a spectacular growth by 2021, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2021).

The market is expected grow with the same trends during the forecast period. The major drivers supporting the growth of the market will be presence of huge diabetic patient population in Asia Pacific region like India and China. According to WHO (2014), 60% of the world’s total diabetic population lives in Asia region. Moreover, the global test strip market is driven by rising geriatric population, and rapid development in the test strips has driven the growth of the market. Moreover, changing lifestyle, and government initiatives for encouragement for the research & development has fuelled the market growth. On the other hand, availability of alternative methods for diagnosis like saliva collection devices has restrained the growth of global test strip market.

Test Strip Market Competitive Analysis
The test strips are based on various technologies such as electrochemical and photometric. Majority of the test strips are based on electrochemical technology. The photometric technology market is expected to witness the highest growth. Roche Diagnostics, Lifescan, Inc., Abbott Laboratories, and Bayer are the leading players in the test strip market, by volume. These players possess state of art manufacturing facilities and strong sales and distribution network which have helped them to gain leadership position in the market. The other prominent players include Arkray Inc., Ascensia Diabetes Care Holdings Ag, B. Braun Melsungen AG, Chiltern Medicare Ltd, Henry Schein, Lifeassay Diagnostics (Pty), Siemens Healthcare, Taidoc Technology Corporation, and Teco Diagnostics among others are some of the small players that accounts a reasonable amount of share in the test strip market.

The global test strip market industry is highly fragmented with the presence of many local players and international players. As a result, local players are focus on cost reduction and innovation to ensure sustainability. In addition, the international players implemented growth strategies through FDA approvals, collaborations to expand their overall market share. For instance, Abbot a leading player in the test strip market has received US Food and Drug Administration (FDA) clearance for its new product FreeStyle Lite blood glucose test strips that minimizes the interference during blood glucose testing, hence is fabricated for a better testing experience. This will help Abbott to create an impact on the patient pool and will help to increase its sales by volume.

Hoffmann-La Roche Ltd, Swiss multinational healthcare company focuses on the development and distribution of test strips. For this, in June 2017, Roche has acquired mySugr to form a leading open platform for digital diabetes management. Hence, the growing mergers and acquisitions, new product launches in the field of test strip has upsurged the growth of the market.

Hoffmann-La Roche Ltd (Switzerland), Siemens Ltd. (Germany), Abbott (US), B. Braun (Germany), LifeScan, Inc. (US), Chiltern MediCare Ltd. (US), Henry Schein, Inc. (US), Lifeassay Diagnostics (South Africa), Siemens Healthcare Private Limited (Germany), ARKRAY Inc. (US), Ascensia Diabetes Care Holdings AG. (Switzerland), TaiDoc Technology Corporation (Taiwan), Teco Diagnostics (US) are some of the prominent players at the forefront of competition in the Global Test Strip Market and are profiled in MRFR Analysis.

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Healthcare IoT Security Market Research Report: Information by Component (Solution and Services), Solutions Type (Analytics, Encryption, Data Loss Protection, Identity and Access Management and Unified Threat Management), Service Type (Consulting Services, Risk Assessment Services, Design & Integration Services and Managed Security Services), Security Type (Application, Cloud, Endpoint and Network), Application (Pharmaceutical, Medical Devices and Biotechnology) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) - Global Forecast till 2025
The global Healthcare IoT Security Market Size is currently valued at USD 4.8 billion and is predicted to be valued at $15.82 billion growing at a CAGR of 22%. Swift expansion of IoT across a multitude of sectors has led to the implementation of IoT security in the healthcare sector. Market Research Future, a firm which specializes in market reports related to the healthcare sector among others, recently published a report on this market.
Introduction of smart devices and infrastructure has greatly led to the diversification of the healthcare sector. Diversified and coordinated efforts between IT division and healthcare device manufacturers are one of the most noticeable factors that are driving the market development of this industry. Increased security and safety offered by IoT security has increased the appeal of this sector to a great extent.
Detailed Regional Analysis
Globally North America is the largest market for Global healthcare IoT security market. Europe is the second-largest market for Global healthcare IoT security market. However, the developing regions market particularly Asia Pacific will be the fastest growing and will be the key to the future, as this region comprises 60% of the world population. With the healthcare IOT adoption for managing growing chronic illnesses increasing, IOT security will become crucial soon. Data privacy and security concerns among the healthcare organizations and patients related to healthcare IOT are also driving the growth of the market.
Global Competitive Analysis
The sector is undergoing considerable transformation which has accelerated the growth pace of the sector. The industry players in the segment are utilizing their primary resources to initiate a trend of solid, volume-driven growth that has been observed in the market with the development of different varieties of product types. The best long-term growth opportunities for this sector can be harnessed by ensuring ongoing process improvements and maintaining financial flexibility to invest in the optimal strategies. However, with companies aiming to capture a considerable share of the market segment as early as possible, they are implementing and experimenting with various advantage points.
IBM Corporation, Cisco Systems Inc., Intel Corporation, Oracle Corporation, Sophos Group Plc., Symantec Corporation, Trend Micro Inc., and others are some of the healthcare IoT industry players in the market.
Industry Updates:
June 2017 ZingBox, a vendor of Internet of Things security systems, will collaborate with VMware, which markets an IoT infrastructure management system, to deliver enhanced security to enterprise Internet of Things implementations. Following the WannaCry ransomware epidemic, Internet of Things (IoT) ZingBox will also offer healthcare organizations free access its security service, the company announced recently.
Dec 2017 Samsung announced its ARTIK secure “s” systems-on-modules and services for the ARTIK IoT Platform to strengthen device-to-cloud security for organizations building their healthcare IoT infrastructure. ARTIK platform’s built-in hardware and software solutions ensure reliability, safety and privacy for connected products. The applications include healthcare monitors and smart factory gateways among some of the applications. The ARTIK IoT platform provides a complete end-to-end software, hardware and cloud solution for companies to easily link and more safely operate their products in a world that is increasingly connected.
May 2017 Cisco has announced its IoT Threat Defense and said that among the first uses of the new architecture is securing services vital to medical care. The architecture and services combination can be used to segment internet of things devices connected to hospital and other organization’s networks. The Cisco IoT Threat Defense architecture includes technologies for network behavior analytics, device visibility, firewall, remote access, cloud security and malware protection. In addition to its initial use securing medical data, Cisco listed the other two industries where IoT Threat Defense already has a play as automated manufacturing and power generation and delivery.
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Clinical Reference Laboratory Market Profile | Dynamics and Growth | Forecast To 2027

Clinical Reference Laboratory Market Size, Growth and Trends Analysis by Service Provider (Stand Alone, Hospital-Based Market and Clinical Based), Applications (Clinical Trials, Laboratory Medicine and others) and Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) - Global Forecast till 2027
Market Highlights

The global Clinical Reference Laboratory Market size has been evaluated as progressively growing market and it is expected that the market will continue to grow similarly in the near future. The adoption of the value-based services has gained the pace as the hospitals nowadays have started outsourcing some part or even all of their pathology and radiology diagnostic services. One of the reasons for increased outsourcing by hospitals is that the hospital budgets are becoming constrained as a result of declining Medicare reimbursements.

The cut down in clinical lab reimbursement rates under Medicare have a profound impact on the U.S. lab industry. It was not limited to the direct billings, but the U.S. clinical labs that depends on Medicare for close to 20% of billings and for certain communities it is as high as 80% of business that got affected. In continuous efforts to protect the hospitals bottom line, many hospital CEOs are turning to outsource various value-based services, various companies are rising to offer these diagnostic outsourcing contracts from hospitals. Hence, the increasing value-based outsourcing from hospitals has enhanced the market for these independent reference laboratory services.

Furthermore, investments in laboratory services has demonstrated lucrative in enhancing patient care as well as in delivering the much preferred 'efficiencies'. Technology capable of performing repetitive activities at moderately high speed has developed to improve quality, consistency and effectiveness. The result of tests on samples that used to take hours to process can now be found in a matter of minutes. Automation in the laboratory has a significant impact in microbiology and histopathology. The most significant innovation is the development of genetics and molecular technologies into mainstream medicine which will have substantial impact on the health of the population, clinical practice and the management of patients

Test the market data and market information presented through more than 50 market data tables and figures spread over 80 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Clinical reference laboratory Market Research Report –Global Forecast to 2027

Global Clinical reference laboratory Market Players:
Some of the key players in this market are: Laboratory Corporation of America, KingMed Diagnostics, Aurora Diagnostics, Sonic HealthCare Limited, Synlab International GmbH, Bioreference Laboratories, Unilabs, Clinical Reference Laboratory, ARUP Laboratories, Quest Diagnostics and others.

Regional Analysis:
Depending on geographic region, Clinical reference laboratory market is segmented into four key regions:  America, Europe, Asia-Pacific, and Middle East & Africa. Globally America is the largest market for Clinical reference laboratory. North American region is the leading market in the America region with countries like United States and Canada playing a major role in the industry. Europe is the second-largest market globally for Clinical reference laboratory which is expected to continue its growth in the near future. Asia pacific region is expected to be fastest growing region in Clinical reference laboratory market.

Segmentation:
Clinical reference laboratories market has been segmented on the basis of service providers which comprises of Stand Alone, Hospital Based and Clinical Based. On the basis of applications which comprises of Laboratory medicine, clinical trials and others

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Clinical Intelligence Market Segmentation | Capacity and Key Manufacturers | Forecast To 2023

Clinical Intelligence Market Information: By Type (CDSS, Quality Improvement), Component (Service, Software), Application (Clinical, RCM), End User (Hospitals, Clinics, Tpas) - Global Forecast Till 2023

The usage of Clinical Intelligence is becoming a common phenomenon in healthcare institutes worldwide and the Global Clinical Intelligence Market size is poised to strike a splendid CAGR of 12.5% over the forecast period of 2017-2023, predicts Market Research Future (MRFR) in an exhaustive study. Clinical intelligence is a new learning paradigm for healthcare providers in which clinical data is analyzed with the use of modern data mining, data visualization, and predictive modeling tools to improve healthcare delivery.

The pressing need to curb healthcare costs has been the primary drive motivating the growth of the global clinical intelligence market. The growing burden of chronic diseases and increasing patient influx in hospitals has raised the adoption of software solutions for tedious process such as insurance claim processing and fraud detection. This results in improved healthcare outcomes and subsequently boosts the growth of the market.

Other factors stimulating the market growth include governments in multiple countries encouraging the adoption of clinical intelligence solutions. Furthermore, constant changes in regulations, increasing reporting mandates, and ever-increasing competition, healthcare organizations can no longer ignore the importance of clinical intelligence. Clinical intelligence aids healthcare sector to improve the quality of care by analyzing the gaps in their care, patient safety, efficiency, and cost-effectiveness.

On the other hand, a general lack of regulatory and clinical standards for predictive analytics is likely to hinder the growth of the market. The high cost of clinical intelligence software might restrain the growth of the market growth in developing countries.

Competitive Landscape
The notable players in the clinical intelligence market include General Electric Company (U.S.), QSI Management, LLC (U.S.), Allscripts (U.S.), Cerner Corporation (U.S.), IBM (U.S.), Epic Systems Corporation (U.S.), Greenway Health, LLC (U.S.), McKesson Corporation (U.S.), and eClinicalWorks (U.S.).

Segmentation
The global clinical intelligence market has been segmented based on component, type, end-user, and application.
By type, the global clinical intelligence market has been segmented into population health management, retrospective performance measures & predictive analytics, clinical benchmarking, clinical decision support (CDSS) system, quality improvement, performance measurement systems, and others. The quality improvement segment has been further segmented into six sigma. The population health management segment has been further segmented into under-utilization of health services and over-utilization of health services.

By component, the global clinical intelligence market has been segmented into hardware, software, and services.
By application, the global clinical intelligence market has been segmented into revenue cycle management (RCM) claims, fraud, supply chain, financial management, clinical, and others.

By end-users, the global clinical intelligence market has been segmented into clinics, hospitals, TPAs, and others.

Regional Analysis
By region, the global clinical intelligence market has been segmented into the Americas, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).

The Americas account for the maximum share of the global clinical intelligence market owing to high usage of software solutions for healthcare administration. The presence of healthcare IT companies in the region and high healthcare expenditure supports market growth in the region. Additionally, growing usage of Decision Support System among tertiary care centers in the US has proven to be beneficial for the growth of the market.
Europe follows the Americas closely and is the second largest market for clinical intelligence. Increase in a number of healthcare institutions who are leveraging clinical intelligence management softwares and expanding healthcare expenditure boosts the market growth in Europe.

APAC is poised to be the fastest growing market for clinical intelligence. Development of healthcare IT infrastructure, increasing healthcare expenditure and the growing presence of key players in the region can be credited for the growth of the market.

The MEA market is expected to showcase moderate growth. The Africa region, in particular, will exhibit limited growth due to low healthcare penetration and low healthcare expenditure.

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Africa Medical Devices Market SWOT Analysis | Revenue, Price and Growth | Forecast To 2023

Africa Medical Devices Market Information, by Product type (Monitoring Devices, Diagnostic devices, Diagnostic Molecular Devices, Drug delivery devices, Surgical Devices, Bio implants and Stimulation Devices, Automation and Robotics and Others), by Therapeutic Application (General Surgery, Diagnostic Imaging, Respiratory, Orthopedics, Cardiovascular, Dental, Neurology, Ophthalmology, Ear-Nose-Throat (ENT), Nephrology and Urology) and by End User (Hospitals, Ambulatory and Home) - Forecast to 2023

The Africa Medical Devices Market is growing with a steady pace; mainly due to the rapidly growing middle-income group, increasing healthcare expenditure, increasing number of medical tourists, proliferation of hospitals, government programs and support, and increasing incidence of lifestyle diseases. Moreover, rising economic growth also drive the market in this region. According to the World Bank Group, in 2016, GDP of the Middle East & North Africa experienced the growth in GDP by 4.89%. It is expected that Africa’s macroeconomic climate over the next decade will expand the health care gap, as higher incomes will create new demand for the medical devices market. Additionally, government also introduces some laws for maintaining the quality of medical devices. According to a report published by the International Diabetes Federation, in 2017, more than 16 million people are suffering with diabetes in the AFR Region. Increasing number of incidences are the main factors which drag the attention of players towards this region.

Companies are continuously engaged in merger and acquisition activities for the development of the best medicine to cure affected population. Although the government stick rule hindering the growth of the market. In May 2017, Baxter International Inc. and Mayo Clinic announced a collaboration for the research and development to advance a spectrum of therapeutic areas to minimize the unmet patient needs. These collaborations help market players to lead the market of Africa. Most of the players from this region involve in the collaboration with global players to get advanced technology, which help them to maximize the market share in this region. Although limited infrastructure, lack of physicians, and restricted funding and reimbursement policy are the restraints factor for the growth of the market.

Johnson & Johnson (U.S.), Mindray Medical International Limited (China), Koninklijke Philips Electronics NV (Netherlands), Siemens AG (Germany), Toshiba Medical Systems Corporation (Japan), GE Healthcare (U.K), Medtronic Public Limited (U.S.), Baxter International Inc. (U.S.), Cardinal Health, Inc. (U.S.), Saudi Pharmaceutical Industries & Medical Appliances Corporation (Africa), and Al Faisaliah Medical Systems (Africa) are some of the leading players at the cutting edge of the competition in the Africa Medical Devices Industry
Any instrument, apparatus, implement, implant, reagent that is used for human beings, for diagnosis, detecting, restoring, correcting, prevention, monitoring, treatment of disease and injury are known as medical devices. Technological advancement plays an important role in the growth of any sector. Most of the market players play an important role to develop the market of medical devices in Africa. For instance, in 2015, Elekta and ministry of health working together in almost a dozen African nations to develop their radiation therapy infrastructures for curing lives.

Africa Medical Devices Market Regional Analysis
The market of medical devices is growing rapidly in Africa region owing to upgrade of hospitals, introduction of health insurance policy, and rapidly growing middle-income group. Government is focusing more to improve the life of their citizen, thus they are more focusing on the establishment of best hospitals in the region. This region is more focusing towards new technology and advance treatment option; thus the local players are focusing more into mergers and acquisition and research and development programs for the development of Medical devices.  These are the factors which are fuelling the growth of the market of medical devices with the significant rates in this region.

Most of the major players such as Johnson & Johnson (U.S.), Mindray Medical International Limited (China), Koninklijke Philips Electronics NV (Netherlands), Siemens AG (Germany), Toshiba Medical Systems Corporation (Japan), GE Healthcare (U.K), Medtronic Public Limited (U.S.), Baxter International Inc. (U.S.), Cardinal Health, Inc. (U.S.), Saudi Pharmaceutical Industries & Medical Appliances Corporation (Africa), and Al Faisaliah Medical Systems (Africa) are looking forward in this region to minimize the gap of between demand and supply of advance medical devices and maximize the profit sharing ration. Company such as Koninklijke Philips Electronics NV, Siemens AG, Medtronic Public Limited, and GE Healthcare have already a huge presence in Africa region owing to the collaboration they made and strategy of expanding their sales network within the region. The markets of Africa region are very different and still shaping and growing. Although most of the products are imported within the region, but the government is focusing to develop this equipment in their premises to minimize the cost of medical devices.

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Wednesday 4 December 2019

Wearable Medical Device Market Insights | Demand and SWOT Analysis | Forecast To 2023

Market Research Future Published a Half-Cooked Research Report on “Wearable Medical Device Market Research Report – Forecast to 2023” Market Analysis, Scope, Stake, Progress and Trends.
Wearable Medical Device Market: Type (Activity Monitors, Smart Watches, Smart Clothing, Patches), Device Type (Diagnostic & Monitoring Devices, Therapeutic Devices), Application (Sports Academies and Fitness, Remote Patient Monitoring, Home Healthcare), Distribution Channel (Pharmacies, Online Channel, Hypermarkets) – Global Forecast till 2023

Market Scenario
The global wearable medical device market size is presumed to garner USD 27,255.6 during the forecast period (2015-2023). The market is considered to expand at 23 % CAGR owing to the continuous technological advancements, asserts Market Research Future (MRFR). Wearable medical devices are referred to as handheld monitoring tools which are used monitor and identify diseases. Advances in the healthcare sector have boosted the expansion of the market during the review period.

Drivers and Constraints Impacting the Market
With the advancement in the healthcare sector along with progressive innovation in the technology sector, the global market for wearable medical devices has propelled during the assessment period. Growing awareness among the patients regarding healthcare technologies is further boosting the market across the globe. Factors such as cost-effectiveness of the devices, continuous increase in the lifestyle diseases, and growing connected healthcare applications have spurred the growth of the market. Moreover, increasing penetration of smartphones and growing use of smartphone-based applications are projected to encourage the market growth.

On the flip side, patient data theft and growing incidences of cybercrime are some of the major factors considered to impede the market growth in the coming years. Moreover, wearable medical devices are facing challenges in offering cost-effective monitoring to patients suffering from chronic diseases such as blood diseases and cancer.

Global Wearable Medical Device Market: Segmental Analysis
The global wearable medical device market has been segmented on the basis of type, device type, application, distribution channel, and region.

By mode of type, the global wearable medical device market has been segmented into smart clothing, patches, smart watches, activity monitors, and others. Among these, the activity monitors segment is presumed to account for the largest market share owing to the increasing adoption of sedentary and unhealthy lifestyles, growing awareness of health and fitness, and growing prevalence of lifestyle diseases.
By mode of device type, the global wearable medical device market has been segmented into therapeutic devices and diagnostic & monitoring devices.

By mode of application, the global wearable medical device market has been segmented into sports academies and fitness, home health care, remote patient monitoring, and others. Among these, the sports and fitness segment is presumed to register the highest CAGR during the review period owing to the growing focus on physical fitness among people to improve the quality of life and rising trend of tracking health progress.
By mode of distribution channel, the global wearable medical device market has been segmented into online channel, pharmacies, hypermarkets, and others.

Regional Insights
Geographically, the wearable medical device market span across regions namely, Europe, Asia Pacific, America, and the Rest-of-the-World (RoW).

Among all the regions, the American region is anticipated to dominate the global wearable medical devices and is estimated to maintain its dominance during the forecast period. The growth is attributed to the growing incidence of obese and diabetic population in this region. Countries such as the U.S. and Canada are the major countries driving the market in this region.

Europe is considered to hold the second position in the global market due to the growing awareness health and physical fitness with high expenditure on healthcare. Also, with the increasing prevalence of chronic diseases, the market is likely to augment in this region.
Asia Pacific is considered to be the most rapidly emerging region globally due to the presence of huge population and increasing prevalence of lifestyle and cardiac diseases. Moreover, production facilities in China and India emerging rapidly, thereby adding to the development of the market.

Industry News
October 23, 2018: A pioneering medical technology company, AWAK Technologies, had focused on dialysis by using regeneration technology for end-stage renal disease. It has announced positive preliminary results from a Phase I study investigating the safety of AWAK PD in dialysis treatment for patients with End Stage Renal Disease which was led by the Singapore General Hospital.

Competitive Dashboard
The major players operating the global wearable medical device industry are Motorola Solutions Inc., Medtronic PLC, Omron Corporation, Qualcomm Inc., Fitbit Inc., Honeywell International Inc., LG Electronics Inc., Boston Scientific Corporation, Apple Inc., Sony Corporation, Philips, NIKE INC., and others.

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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.

Contact 
Market Research Future  
Office No. 528,  
Amanora Chambers Magarpatta Road,  
Hadapsar,  
Pune - 411028  
Maharashtra, 
India  
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Email: sales@marketresearchfuture.com

Medical Billing Market Profile | Dynamics and Growth | Forecast To 2023

Medical Billing Market Share, Trends and Growth Analysis By Type (Professional Billing, Institutional Billing), By Application (Database Management, Financial, Infrastructure, Operational) By Process (Electronic Billing, Payment And Medical Billing Services) - Global Forecast Till 2023

Global medical billing market size will rise to witness a spectacular growth by 2023, growing at a CAGR of 6.5% during the review period 2017-2023. Medical billing market, a payment practice involved in receiving payments, submitting bills and payment follow-up is witnessing a wide uptake across the healthcare sector, evolving rapidly with the technological advancements. Over the past few years, while, the healthcare sector is booming and perceiving increasing healthcare expenditures all around the world, some concerns pertaining to the billing and reimbursement are growing too.

Those raising concerns include increasing cases of fraud billings, disputes, and prolonged reimbursement processes.  Simultaneously, there is a huge demand to control those concerns to enhance patients’ experience and thus their quality of life by offering them some peace over these disruptive environments. The cumulative effect of these two factors is supporting the growth of the medical billing market. Furthermore, the advancement in Information technology is escalating the market on the ascending levels on the global platform.

Considering the phenomenal growth prospect demonstrated by the market, Market Research Future (MRFR) in its recently published study report mentions that the market is expected to be a prominent space, in the years to come.
The market is expected to perceive a steady growth over the next five years, as the growing geriatric population creates demand via Medicare. Furthermore, the number of insured people will rise in line with healthcare reform, as people with pre-existing conditions can receive insurance. The growing senior population will keep driving demand for the medical services over the next five years, helping the revenue to blossom.

Increasing implementation of several healthcare IT platforms poses a significant impact on the acceptance and growth of this market. The factors such as efforts to contain and decrease in-house processing costs, the requirement of error minimization, meeting federal mandates to implement digital record-keeping by healthcare providers, and changing healthcare regulations are projected as market growth propelling factors. Implementation of RCM by medical providers has improved their cash flow, reduced claim denials, and helped them gain an analytical approach to allocate resources and ensure effective revenue management.

Global Medical Billing Market – Segmentations
MRFR analysis is segmented into four key dynamics for the enhanced understanding;
By Types: Comprises Professional Billing, and Institutional Billing, others.
By Applications: Database Management, Financial, Infrastructure, and Operational among others.
By Processes: Electronic Billing, Payment and Medical Billing Services among others.
By Regions:  North America, Europe, APAC and Rest-of-the-World.

Key Players:
Identified and profiled in MRFR analysis; the Medical billing industry key players that are involved in global medical billing market are TCS (India), Accenture (US), AGS Health (India), GeBBS Healthcare (US), Cognizant Technology Solutions (US), Genpact (US), INFINIT Healthcare, HCL Technologies (India), and Medusind (India) among others.

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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.

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 Ventilator Market Share | Trend Analysis and Size | Forecast To 2023

Global Medical Ventilator Market Trends, Size and Growth Analysis By: By Type (Noninvasive Ventilators, Invasive Ventilators, Mechanical Ventilators), By Application (Critical Care, Neonatal Care, Emergency Care, Others) - Forecast Till 2023

Overview:
The expected Medical Ventilators Market Size growth of is projected to be 7.9% during the forecast period. A medical ventilator is an artificial respiratory assistance machine that is designed to provide ventilation to patients who struggle with breathing. Assisting individuals with their breathing is a highly delicate task, wherein the reliability and safety of the equipment is of utmost importance. Ventilators are primarily used in intensive care medicine, emergency medicine, home care, and in anesthesiology. It provides mechanical ventilation by passing breathable air into and out of the lungs. Some of the major reasons behind needing a medical ventilator are Cystic Fibrosis, injury to the spinal cord, drug overdose, pneumonia or any other type of respiratory disease, stroke, Chronic Obstructive Pulmonary Disease (COPD), blood clot, during surgery that requires general anesthesia, lung injury, and while being in intensive care. Ventilators are either invasive or non-invasive and mechanical.

The extensively conducted market study by Market Research Future (MRFR) reveals that the demand for ventilators is increasing due to the amalgamation of various factors. The factors include the rising percentage of critically ill patients, prevalence of lifestyle-based disorders like respiratory issues and heart attacks, high occurrences of chronic illness among children, and the need for ventilators in emergency care.

However, amidst the market growth and proliferating demand, there lies a risk associated with the use of ventilation. Patients can be diagnosed with pneumonia if they are ventilated for a long period of time. Not to mention, pneumonia is one of the most common hospital-acquired infections.

Market Segmentation
The market segmentation of the medical ventilators is segmented in terms of type and application.
By type, the market includes invasive, non-invasive, and mechanical ventilators. The non-invasive ones are further sub-segmented into pressure-cycled, volume-cycled, time-cycled, and flow-cycled ventilators. Mechanical ventilators are narrowed down into negative-pressure ventilators and positive pressure ventilators.
By applications, the market includes emergency care, critical care, neonatal care, and others.

Competitive Analysis
Some of the key players in the Medical Ventilators industry are Koninklijke Philips N.V. (the Netherlands), Medtronic (Ireland), Dickinson and Company (U.S.), Hamilton Medical (Switzerland), Allied Healthcare Products Inc. (U.S.), ResMed (U.S.), Teleflex Incorporated (U.S.), General Electric Company (U.S.), and Becton (U.S.)

an Asahi Kasei Group company named ZOLL Medical Corporation, which manufactures medical devices and relevant software solutions, announced the introduction of Z Vent transport ventilator for usage in pre- and intra-hospital. The Z Vent possesses a simple Touch, Turn, and Confirm interface that makes ensures quick setting changes. The move is aimed at removing the complexity that is associated with various portable ventilators.
world-renowned technology company announced that its V60 Plus Ventilator has received the CE Mark of approval. The Ventilator is designed to ensure optimal efficiency and enhance clinician workflow.

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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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In Vitro Fertilization Market Segmentation | Capacity and Key Manufacturers | Forecast To 2023

In Vitro Fertilization Market Share, Growth And Trends Analysis By Type (Intrauterine Insemination, Intracytoplasmic Sperm Injection, Ivf Using Donor Eggs),By Devices (Imaging Systems, Sperm Separation System, Ovum Aspiration Pump, Micromanipulator, Cryosystem) By Reagents (Embryo Culture Media, Cryopreservation Media, Sperm Processing Media, Ovum Processing Media), By End Users (Clinical Research Institutes, Fertility Clinics, Hospitals) Forecast To 2023

The global in-vitro fertilization market size, as per a report by Market Research Future (MRFR) is touted to register a CAGR of 10.50%, surpassing a valuation of USD 12,700 Million during the forecast period (2018-2023). In vitro fertilization (IVF) can be defined as a fertilization process, which generally takes place externally and involves the production of eggs, i.e., superovulation in women by injecting hormones and medication. The eggs when matured, are removed from the ovary with the help of oocyte aspiration systems and is then fertilized with the donor’s sperm, which is later grown in the laboratory until it gets developed. The final embryo is then implanted into the uterus.
Obesity is considered one of the most important factors for infertility among the population. The fat which is deposited in a women’s abdomen prevents follicular stimulation, thereby producing male hormones. Meanwhile, in males, the deposit of fats decreases the level of testosterone, which results in decreased sperm production. With the increased rate of obesity across the world, due to changing lifestyle, the in vitro fertilization market is predicted to flourish.

Factors such as the soaring prevalence of infertility due to changing lifestyle, constant efforts by the industry contributors, and initiatives by the government to offer better reimbursement policies are some of the primary growth stimulants of the IVF market. Moreover, expansion of fertility procedures to treat male infertility like ICSI will influence the market growth positively. The high availability of genomic testing with the ability to prevent the transfer of genetic disease during IVF will propel the market growth in the coming years. The rising number of IVF has influenced insurance providers to cover such procedures, which has led to competitive pricing, thereby moderating the cost of treatment. Such factors will encourage the market growth across the globe.

Companies Covered
The key players in the global in-vitro fertilization industry are Cooper Surgical Fertility, Cook Medical, Oxford Gene Technology, Merck KGaA, INVO Bioscience, Thermo Fisher Scientific, Genea Limited, Irvine Scientific, Vitrolife, GENEA BIOMEDIX.

The report offers insights into the leading market players and presents an assessment of their current market position. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the document.

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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.

Contact 
Market Research Future  
Office No. 528,  
Amanora Chambers Magarpatta Road,  
Hadapsar,  
Pune - 411028  
Maharashtra, 
India  
+1 646 845 9312  
Email: sales@marketresearchfuture.com

Health Supplements Market SWOT Analysis | Revenue, Price and Growth | Forecast To 2023

Health Supplements Market Size, Trends and Growth Analysis By Type (Dietary Supplements, Eye Health Supplements), By Application (Cardiology, Allergy), By Ingredients (Vitamins & Minerals, Botanicals, Amino Acids), By End User (Hospitals, Clinics) - Global Forecast till 2023

Market Research Future (MRFR) has published a research report that foretells boost for the global health supplements market size with 7.8% CAGR (Compound Annual Growth Rate) between 2017 and 2023. The consumption of health supplements is increasing among consumers because they provide those nutrients to us on a regular basis which we do not regularly get in our food due to our food habits in a consumerist atmosphere. Hence, the market for health supplements is growing. Health supplements are supplements, not a replacement for food for a healthy diet.

One of the most important reasons for their rising demand and hence market is that they are helpful for the treatment of rheumatic disorders, allergy, and cardiology. Key factors that are driving this market include changing lifestyles, developing retail & pharmaceutical industries, ensuring adherence to recommended dietary requirements, growing awareness about the functional benefits of health supplements, growing concerns about maintenance of health to avoid later treatment, increasing concern towards health improvement, increasing urbanization, preventing occurrence of diseases, treating illnesses, peer pressure regarding health & fitness due to media, friends & family, and rapid advancements in product offerings.

The global health supplements market has been segmented based on applications, end users, form, ingredients, types, and lastly region. Based on applications, this market has been segmented into allergy, cardiology, rheumatic disorders, and others. Based on end users, the market has been segmented into clinics, hospitals, research centers, and other. The form-based segmentation segments the market into capsules, chewable, liquid syrups, tablets, and others. The ingredients-based segmentation of market comprises of amino acids, botanicals, enzymes, vitamins & minerals, and others. By types, the market has been segmented into bodybuilding supplements, dietary supplements, eye health supplements, specialty supplements, and others.

Key Players
The key players in the global health supplements industry include Abbott Laboratories (USA), Alticor Inc. (USA), BASF SE (Germany), Bayer AG (Germany), E. I. du Pont de Nemours and Company (USA), Glanbia plc (Republic of Ireland), GlaxoSmithKline Limited (UK), Herbalife International (USA), and The Nature's Bounty Co. (USA).

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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.

 Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

Ultra-low Temperature Freezers Market Profile, Trends and Applications By 2027

  According to the MRFR reports, the global   ultra-low temperature freezers market   is projected to acquire a market size of approximately...