Wednesday, 4 November 2020

Ureteral Obstruction Market Review, Research and Global Industry Analysis

Ureteral Obstruction Market Share, Growth And Trends Analysis By Type (Acute, Chronic) By Diagnosis (Ultrasound, Bladder Catheterization, Others) By Treatment (Surgery, Drugs) By Equipment (Devices, Consumables, Others) By End Users – Global Forecast Till 2023 

Ureteral Obstruction Market Overview

The market for ureteral obstruction is highly fragmented due to large number of players especially in the devices segment which has put pressure on the profit margin, rise of low quality and low-cost products especially catheters which reduces the market of high-quality products. Also, the market for ureteral obstruction is highly dependent on product development strategy such as miniaturization of ureter stents, development of coated ureter stents. The drug segment is growing at a slow pace due to saturation of the market. Considering all these factors, the ureteral obstruction market is expected to grow at a CAGR of 8.5 % during 2017-2023.

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The global Ureteral Obstruction Market is growing at a rate of 8.5 % and is expected show a similar trend during the forecast period. Ureteral obstruction or urinary tract obstruction is a condition of blockage of urine through the urinary tract, which may be complete or partial. In Ureteral obstruction the urine may refluxes backward into your kidneys. Ureteral obstruction is curable, but if not treated, can lead to loss of kidney function, sepsis and eventually death. Other severe consequences are kidney stones, and infection of the urinary tract. Mild symptoms generally in partial blockage are pain in a side, abnormal urine flow and urinating at night, acute stinging pain etc. Ureteral obstruction is caused by injuries such as a pelvic fracture, ureter, kidneys, bladder or colon cancer, kidney stones in ureter etc.

Global Ureteral obstruction market Players:

Key players profiled in the Ureteral Obstruction Market report are C. R. Bard, Inc., Boston Scientific Corporation, Cook Medical Inc., Medline Industries, Inc., Coloplast A/S, DISA Vascular, Terumo Europe NV, Medtronic, Novartis AG, Johnson and Johnson and others.

Ureteral Obstruction Market Segmentation:

The global ureteral obstruction market is segmented based on type, diagnosis, treatment, equipment and end users.

Based on type, the market has been segmented as acute and chronic. Based on the diagnosis, the market has been segmented as ultrasound, bladder catheterization, computed tomography (CT), magnetic resonance imaging (MRI), voiding cystourethrography (VCUG), pyelography, endoscopy, blood and urine tests and others.

Based on the treatment, the Ureteral Obstruction Market has been segmented as surgery (ureteral stent, nephrostomy, open laparoscopy, catheterization, robot-assisted laparoscopy, others) and drugs (antibiotics, pain killers, others). Based on the equipment, the market has been segmented as devices (catheters, stents, others) and consumables (diagnostic reagents, urinary sample collectors, others) and others. Based on the end users, the market has been segmented as hospitals and clinics, research, 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:

Akash Anand,

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com

Image Guided Radiotherapy Market Profile, Outlook and Segmentation

 Global IGRT Market: Drivers & Trends

According to the reports by MRFR, the global Image Guided Radiotherapy Market is experiencing a whistle-stop growth owing to the factors such as the increasing prevalence of cancer and rapid development on the cancer treatments. The report has also asserts that according to the World Health Organization (WHO), cancer is one of the leading causes of morbidity and mortality across the world. The data on this parameter suggests that about 14 million new cases were observed in 2012, which is expected to proliferate by 70% until 2030.

However, factors such as continuously rising demand for improved cancer treatment, increasing healthcare expenditure, and government activities for research & development are considerably driving the global IGRT market with higher CAGR over the corresponding period. Apart from this, the growth rates of different types of cancer call for new and advanced treatment options. These developing therapies for cancer can have huge demand in future, which can contribute substantially in the market growth over the assessment period.

On the flip side, the high cost of the radiotherapy treatment & devices along with its side effects, can sluggish the growth of global IGRT market over the review period.

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Market Segmentation

The global Image Guided Radiotherapy market has been segmented by types, technology, devices, application, and end users.

In terms of types, the market is segmented into soft-tissue imaging, lung MRI, simplifying cardiac MRI, simplifying MRI-conditional implant scans, and silent MRI scanning.

In terms of technology, the market is segmented into radiation-based, non-radiation based systems, and others. Wherein, the radiation-based system is further segmented into electronic portal imaging devices (EPID), cone beam CT, Fan beam, and others. Further, non-radiation based systems are  segmented into ultrasound-based systems, camera-based or optical tracking systems, MRI-guided IGRT, and others.

In terms of devices, the market is segmented into X-ray computed tomography (CT), magnetic resonance imaging (MRI), positron emission tomography, and others. Wherein, X-ray computed tomography market is further segmented into digital X-ray, computed tomography (CT), conventional CT, optical tracking, cone beam, MVCT, and others.

In terms of end users, the market is segmented in hospitals, smart cancer centers, research institutes, and others.

Market Insights

The Global Image Guided Radiotherapy Market can achieve a CAGR of 15.8% during the assessment period, reports Market Research Future (MRFR) in an in-depth analysis.

Image Guided Radiotherapy (IGRT) is referred as a type of conformal radiotherapy that involves the use of different scans and X-rays to treat an area of cancer. It firmly shapes the cancerous tissue with radiotherapy beams and scans before and during the radiotherapy treatment. Such therapy is mostly used in the treatment of cancer such as lung cancer, skin cancer, and more. There have been some significant factors that are driving the global IGRT market, which has been covered in this report in a precise way.

Regional Outlook

The regional analysis of global Image Guided Radiotherapy market is carried out across the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas is currently leading the market share as the presence of a vast patient population as well as increasing healthcare expenditure has made it possible. Apart from this, increasing awareness among people about radiotherapy treatments and well-developed technology have substantially fueled the global IGRT market growth.

Europe holds the second largest market and has a noticeable share as well. Furthermore, the availability of advanced treatment facilities, skilled medical professionals, and the government support for research & development has expectedly contributed to the market growth in this region.

The Asia Pacific is anticipated to be the fastest growing market with countries like India and China investing heavily in the healthcare sector with increasing awareness about cancer. India and China are also working towards making people aware of cancer disease along with the possible and affordable new treatment methods. These are the factors that show remarkable growth opportunities in China and India. However, the Middle East & Africa is likely to show the least growth rate in this market owing to lack of awareness, limited development in healthcare technology, and availability of treatment facilities.

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Key Players

Some of crucial the players in the global Image Guided Radiotherapy market are

  • ViewRay (US)

  • General Electric Company (US)

  • Hitachi, Ltd. (Japan)

  • Siemens AG (Germany)

  • Koninklijke Philips N.V. (Netherland)

  • TOSHIBA CORPORATION (Japan)

  • Varian Medical Systems, Inc. (US)

  • Vision RT Ltd. (UK)

  • Scranton Gillette Communications (US)

  • XinRay Systems (US)

  • C-RAD (Sweden)

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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.

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:

Akash Anand,

Market Research Future

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Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com

Antihistamine Drugs Market Insights, Growth and Investment Feasibility

 Detailed Regional Analysis     

The regional assessment of the antihistamine drugs market covers regions such as the Americas, the Middle East, Europe, Asia Pacific, and Africa. The Americas region is in control of the principal share of the market owing to the intensifying occurrence of allergy rhinitis and growing demand for the diagnosis and treatment of allergic diseases. The European region is the next principal market that holds a prominent segment of the antihistamine drugs market. In the Asia Pacific region, the upsurge in demand for drugs for the treatment of allergies and skin diseases is motivating the market progress. Also, a considerable upsurge in the number of dermatology clinics established throughout the Asia Pacific region has been noted in the past few years. The high rates of allergic rhinitis and the expanding awareness concerning the treatments offered for allergy is poised to guide the growth of this market in the Asia Pacific region. The Middle East and African regional market are showing stable but optimistic development owing to the mounting prevalence of nasal allergies.

Competitive Analysis

The increased transaction level in the market is expected to spur an accelerated level of growth in the market. The conception of prodigious competitive advantages is likely to support the progress of the market. A considerable ascension in the number of promoters in the market is estimated to form a beneficial outlook for market growth in the projected period. The relaxation of the barriers to the entry of new players in the market is expected to encourage the expansion of the market in the impending years. The surge in the market is credited to the presence of favorable market forces are expected to complement the development of the market. The positive reinforcement of the forces of demand and supply is expected to lift the market growth in the coming years. The synergies achieved in the manufacturing of the goods in the market are enhanced, leading to better growth prospects. The availability of productive resources is expected to further the progress of the market in the forecast period.

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Segmental Analysis

The segmental evaluation of the antihistamine drugs market is carried out on the basis of type, route of administration, indication, and end users. On the basis of types, the antihistamine drugs market comprises of non-sedating and sedating antihistamines. The sedating antihistamines are additionally sub-segmented into chlorpheniramine, brompheniramine, carbinoxamine, diphenhydramine, doxylamine, and others. The non-sedating antihistamines are additionally sub-segmented into loratadine, fexofenadine, loratadine ODT, and others. Based on the route of administration, the antihistamine drugs market is segmented into parenteral route, oral route, and rectal route. The parenteral route segmented is further segmented into subcutaneous, intramuscular, and intravenous route. The segmentation of the antihistamine drugs market based on indication comprises of urticaria, allergy, dermatitis, and others. The end user segmentation basis of the antihistamine drugs market comprises of  clinics, pharmaceutical companies, hospitals, and others. Based on the region, the antihistamine drugs market is segmented into the Americas, the Middle East, Europe, Asia Pacific, and Africa.

Antihistamine Drugs Market – Overview

The increasing prevalence of a range of allergies has raised the demand for antihistamines to treat them. Reports that assess the healthcare industry have been presented by Market Research Future, which creates reports on numerous industry verticals that examine the market progress and forecasts. The market is projected to achieve a CAGR of 9.8% while amassing income valued at USD 280 million by the conclusion of the forecast period.

The increased growth pace observed in the pharmaceutical sector is expected to reinforce the market expansion of antihistamine drugs. The increased investment in the market by the leading players is expected to lay down favorable grounds for progress in the forecast period. Moreover, the elevated detection rates for allergies is expected to modify the expansion of the market in the projected period.

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The significant competitors operating in the antihistamine drugs market are Sanofi (France), CVS pharmacy (U.S.), Bayer AG (Germany), Pfizer (U.S.), Johnson & Johnson Consumer Inc. (U.S.), Merck Sharp & Dohme Corp., (U.S.), and Prestige Brands Holdings, Inc. (U.S.)

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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:

Akash Anand,

Market Research Future

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Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com

Lichen Sclerosus Treatment Market Key Companies Profile, Sales and Cost Structure Analysis

 Lichen Sclerosus Treatment Market Application, Trends And Share Analysis By Type Of Treatment (Drug Therapy, Surgery), By Mode Of Administration (Topical, Oral, Iv And Others), By End Users (Hospitals, Dermatology Clinics, Pharmacies, And Others) - Global Forecast Till 2023

Major Players in Lichen Sclerosus Treatment Market

Some of the key players in the global lichen sclerosus treatment market are AstraZeneca plc, Bristol-Myers Squibb Company, GlaxoSmithKline plc, Johnson & Johnson Services, Inc., Merck & Co., Inc., Pfizer Inc., Sandoz AG (Novartis AG), Sanofi S.A., Valeant Pharmaceuticals, and Zylera Pharmaceuticals.

Lichen Sclerosus Treatment Market Regional Analysis

The global lichen sclerosus treatment market consists of four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa.

The Americas dominates the global lichen sclerosus treatment market. It comprises of two regions namely North America and South America. North America is the largest market owing to rising prevalence of skin diseases in the American counties and increasing geriatric population with skin diseases. According to the American Academy of Dermatology, 50% of Americans over age 65 have skin disease.

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In the Europe, extensive demand for skin care and topical products to treat skin diseases drives the market growth. Moreover, increasing investment in research & development in developing new treatment methods for skin related diseases add fuel to the growth of the market.  

Asia Pacific is the fastest growing and potential market for the lichen sclerosus treatment owing to increasing number of dermatology clinics and rising prevalence of lichen sclerosus in the developing countries. Rising prevalence of vulva’s lichen sclerosus in women act as a risk factor for vulvar cancer also drives the growth of this market.  

The Middle East & Africa is expected witness steady growth due to rising demand for primary healthcare services such as diagnosis and medical devices.

Lichen Sclerosus Treatment Market Segmentation

The global lichen sclerosus treatment market is segmented on the basis of type of treatment, which includes drug therapy, and surgery. He drug therapy is further segmented into corticosteroid, immune modulating drugs, retinoid like agents, and others. The surgery is further segmented into laser surgery, circumcision, and others.

On the basis of mode of administration, the market is segmented into oral, topical, IV (Intravenous), and others. The oral administration is further segmented into tablets, capsule and others. The topical administration is further segmented into creams, ointment, and others. On the basis of end user, the market is segmented into hospitals, dermatology clinics, pharmacies, and others.

Lichen Sclerosus Treatment Market Highlights

Prevalence of skin diseases is increasing across the globe.  People are unaware of most of the rare skin diseases, which is one of the driving factors of the market. Moreover, lichen sclerosus treatment market is driven by growing prevalence of this disease in both developed and developing countries. Additionally, increasing geriatric population with skin disease, which remain untreated for a long period of time boost the market growth.

The global lichen sclerosus treatment market is expected to grow at a CAGR of 7.8% during the forecast period and is estimated to reach USD 150 million by 2023. Lichen sclerosus is underdiagnosed condition of the anogenital region. It is often painful and itchy and may cause sexual and urinary dysfunction.

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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

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Needle Biopsy Market Trends, Applications and Competitive Landscape

 

Regional Outlook

The regional analysis of the Global Needle Biopsy Market includes North America, Europe, Asia Pacific, and Middle East & Africa. 

In the North American region, the US is reaping the benefits of favorable reimbursement scenarios and higher expenditure on healthcare. The region is recorded to hold maximum market share as the US is heavily investing in new technology in their medical sector, which has to prosper the global needle biopsy considerably.

The Asia Pacific and Europe are also evolving with rising awareness of diseases and significant unmet needs for biopsy, which is driving the market of expanding its size. Due to this, these regions recorded to be the second largest market share.

Key Players

Significant players in the Global Needle Biopsy Market are

  • Boston Scientific Corporation
  • Cook Medical
  • CareFusion Corporation
  • Hologic, Inc.
  • Cardinal Health, Inc.
  • Medax
  • R. Bard, Inc.
  • Möller Medical GmbH
  • Becton, Dickinson and Company
  • Hakko co. Ltd.
  • Kompass
  • Argon Medical Devices, Inc.

Global Needle Biopsy Market: Drivers & Trends

The Global Needle Biopsy Market is majorly driven by technological advancements in biopsy devices, which includes vacuum biopsy devices. These devices offer minimal invasiveness and favorable reimbursement policies such as Medicare reimbursement for biopsy to diagnose a disease like cancer. This factor is boosting the global needle biopsy market.

As per the research by MRFR, the factors such as the presence of untapped opportunities mainly in developing regions is also anticipated to boost the global needle biopsy market substantially in the years to come. Apart from this, more factors such as inactive lifestyle and unhealthy dietary habits with increasing consumption of alcohol and tobacco have escalated occurrence rate of cancer globally will boost industry growth over the coming years.

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On top of it, factors such as rising awareness related to cancer diagnosis coupled with the growing demand for advanced diagnostic procedures are also projected to impact the global needle biopsy market. Even the key market players are continually focusing on developing cost-effective biopsy devices to gain a significant share of the global needle biopsy market in developing regions.

On the flip side, the development of ultrasensitive imaging technologies such as Magnetic Resonance Imaging (MRI), Computed Tomography (CT) and more can hold back the expected growth of the global needle biopsy market during the assessment period.

Market Insights

The Needle Biopsy Market is cementing its foothold at a CAGR of 5.2 % by gaining a valuation of $677 million by 2023, asserts Market Research Future reports. The market is gaining traction generated by diseases such as cancer and several infections across the globe.

A Biopsy is a medical test that is commonly performed by a surgeon, interventional radiologists, or an interventional cardiologist. The process involves the extraction of sample cells or tissues for examination to determine the presence of a disease. The entire process is generally examined under a microscope by a pathologist or can be analyzed chemically.

Market Segmentation

The Global Needle Biopsy Market has been segmented by type and applications.

In terms of type, the market has been segmented as fine-needle aspiration biopsy, core needle biopsy, vacuum-assisted biopsy, and image-guided biopsy.

In terms of utility, the market has been segmented as disposable and reusable.

In terms of applications, the market has been segmented as tumor, infection, inflammation, 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:

Akash Anand,

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com

Saudi Arabia Medical Devices Market Overview, Key Companies Profile

 Regional Analysis:

The Saudi Arabia medical devices market is diving into the private and state. Of these, the public healthcare expenditure accounted for around 75% of expenditure in 2014. This increase in investment in the healthcare industry and especially in the medical devices are driving market growth in Saudi Arabia. However, local manufacturing systems are limited to consumables and ordinary products. The government has tried to construct the best hospitals in the region in the country. Due to poor infrastructure for manufacturing newer products, the country imports around 92% of total medical devices. The U.S. and European countries dominate the imports of the medical device market of the country.

Overview

The healthcare sector and medical devices industry is changing robustly due to advancements in neurology, cardiology, orthopedics, medical imaging, and oncology. The robust advancements in the ECG, pacemakers, and other devices including brain monitoring devices, are benefiting several patients. Owing to its efficiency, the adoption of these devices is higher. Additionally, the emergence of 3D imaging for orthopedic treatments is benefiting growth of the medical devices market in Saudi Arabia.

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Medical devices include software, biologic, and non-biologic compatible materials used in the diagnostic and therapeutic management for several deadly diseases. The medical device industry is growing with pace due to continuously changing technology and innovations. The medical devices industry also resulted in huge growth due to the employment of several new technologies in the devices are catalyzing market growth. Additionally, the introduction of newer products is estimated to benefit market growth and witness the most worthwhile opportunities in the coming years.

Further, widening applications and knowledge of using medical devices for treatment and screening diseases are driving growth of the Saudi Arabia medical devices market. Additionally, the innovation of stronger and biocompatible materials is benefiting growth of the overall market. The other factors driving the market growth are robust investment by private, and the public sector is fueling growth of the medical devices market. Increasing patient pool in the region is creating need for advanced healthcare, which is augmenting growth of the market in the region. further, rising geriatric population in the region, which require advanced care is estimated to benefit the market growth in coming years.

The increasing cost of healthcare encouraged the introduction of innovative and connected products such as falling cost of production, wearable medical devices, and rising manufacturing capacities of electronic in the medical devices industry. The demand for advanced devices for early detection and noninvasive therapies is driving growth of the medical devices market in Saudi Arabia.

Segmentation:

Saudi Arabia, the medical devices market, is segmented based on product type, therapeutic application, end user, and region.

By end user, the market is categorized into hospitals, ambulatory, and home.

By therapeutic application, the market is segmented into general surgery, respiratory, diagnostic imaging, orthopedics, dental, cardiovascular, neurology, nephrology and urology, ear-nose-throat (ENT), ophthalmology, and others.

By product type, the market is segmented into monitoring devices, diagnostic molecular devices, diagnostic devices, drug delivery devices, bio implants and stimulation devices, surgical devices, automation and robotics, and others.

Competitive Analysis:

Some of the key players in the Saudi Arabia medical devices market include General Electric, Johnson & Johnson, Medtronic, Baxter Internationa, Koninklijke Philips Electronics NV., Fresenius Medical Care AG & Co., Al-Salehiya Medical Estableshment, Cardinal Health, Saudi Pharmaceutical Industries & Medical Appliances Corporation (SPIMACO), Al Faisaliah Medical Systems (FMS), Al Amin Medical Instruments Company (AMICO), and Siemens Ltd.

Industry News:

In March 2019, the government of Saudi Arabia announced foreign companies could manage and own healthcare services in the country. Both the Ministry of Health (MOH) and the Saudi Arabian General Investment Authority (SAGIA) have implemented the changes. Thus, companies such as Abbott are likely to look to invest in the country and enter into the medical devices market in the Saudi Arabian market. The company also launched the University Relations program in different universities across the country, which will work on the training of students using and manufacturing medical devices.

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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:

Akash Anand,

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com

Monday, 2 November 2020

Drug Infusion System Market Segmentation, Dynamics

 Global Drug Infusion System Market Research Report, by Product Type (Elastomeric Infusion System, Disposable Infusion System), by Application (Oncology/Chemotherapy), Mode of Administration (Intravenous), End-User (Hospitals) - Global Forecast Till 2023

Regional Analysis

The Americas dominated the global drug infusion system market in 2017. This can be attributed due to the rising incidence of chronic diseases like cardiovascular disease, stroke, cancer, type 2 diabetes, obesity, and arthritis within the region provides favorable backgrounds for market growth. According to the American Heart Association (2018), 92.1 million Americans suffer from some form of the cardiovascular disease. Also, the presence of major market players such as Medtronic and Becton, Dickinson and Company within the region influences the market growth.  

Europe (the UK, Belgium, France & Netherlands) is second in the market owing to increasing healthcare expenditure, and rising prevalence of chronic respiratory diseases is expected to influence the market in this region. According to Eurostat in 2014, 382 thousand deaths were due to chronic respiratory diseases in the European Union (EU). Thus, the rise in chronic respiratory diseases favors the growth of the market in this region.

Asia Pacific is expected to observe the fastest growth for the global Drug infusion system market owing to a growing geriatric population in this region. The Asian Development Bank (ADB) projected that in 2050 the geriatric population is expected to reach 923 million. This offers potential growth opportunities in this region.

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The Middle East and Africa accounts for least share due to stringent government policies and poor economies.

Key Players

Some of the key players for the global drug infusion system market are Medtronic, Arcomed AG, B. Braun Melsungen AG, Baxter, Becton Dickinson and Company, Debiotech S.A., Fresenius SE & Co. KGaA, Halyard Health, Inc, ICU Medical Inc, IRadimed Corporation, Insulet Corporation, Terumo Corporation, Smiths Group plc, Tandem Diabetes care, MOOG INC., and others.

Market Highlights

The increase in the prevalence of chronic diseases such as cardiovascular disease, stroke, cancer, type 2 diabetes, obesity, and arthritis drives the market growth. Furthermore, adoption of technologically advanced devices and the rising geriatric population are the key factors for the market to grow. However, factors such as the high cost of drug infusion system, shortage of skilled labor and stringent government rules and regulations for product approval are expected to restrict the market growth during the forecast period.

Segmentation

The global drug infusion system market is segmented on the basis of product type, mode of administration, application, and end-user. The drug infusion system market, is sub-segmented into Elastomeric infusion system, Disposable infusion system, Syringe infusion system, Peristaltic pump, Multi-channel pump, Patient-controlled analgesia (PCA) pump, Insulin pump and Implantable infusion system.

On the basis of Application, the market is categorized into Oncology/Chemotherapy, Diabetes, Analgesia, Nutrition, Hematology, Pediatrics, and others. Mode of administration is further sub-segmented into Intravenous, Subcutaneous, Arterial, Epidural and Others. By end-user, the market is segmented into Hospitals, Ambulatory Surgical Centers, Diagnostic centers and others.

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