Perfusion System Industry Overview, Applications, Investment, Price and Profit | Forecast to 2023

Perfusion Market Information, By Type (Cardiopulmonary Bypass, Isolated Limb Perfusion, & Others), By Application (Heart, Lung, & Others), By Device Type (Normothermic Machine Perfusion, & Others), By End User (Hospital, & Others) - Global Forecast Till 2023

Global Perfusion Market Overview

The global perfusion market has been evaluated as a steadily growing market and it is expected to continue growing in future as well. Increasing incidence of chronic diseases and related organ transplants are major drivers for this market’s growth. Moreover, technological advancements and the success rate of organ transplant has significantly increased, which is leading to the growth of this market.

Increasing demand of new perfusion techniques from emerging markets of Asia, Latin America, and Eastern Europe are contributing to the growth of the global perfusion market. On the other hand, lack of donors and government regulations against paid donations are some of the factors hindering this market’s growth.  According to the World Health Organization (WHO), in 2015, over 17.7 million people died from cardiovascular diseases, representing 31% of all global deaths.

Due to rising prevalence of cardiovascular diseases have gained a huge attention of people across the globe. Moreover due to increasing number of death from cardiovascular diseases, number of companies are in a race to introduce better devices and accessories for the treatment. Diabetes & obesity are the major causes for cardiovascular diseases. Increasing number of patients suffering from these diseases lead to increase in the prevalence of cardiovascular diseases, ultimately increasing the demand for the cardiovascular devices which will fuel the growth of the market.

According to findings from the WHO, in 2015, 82% of the total deaths were occurred in low- and middle-income countries. According to the Centres for Disease Control and Prevention (CDC), in 2015, over 630,000 Americans die from heart disease each year, which accounted for 1 in every 4 deaths. According to findings from the WHO in 2014, approximately 422 million people suffered from diabetes. Beside this, globally 39% of adults aged 18 years and over were overweight in 2016, and 13% were obese.

Global Perfusion Market   - Competitive Analysis

Getinge AB (Sweden), Medtronic (Ireland), LivaNova PLC (U.K.), Terumo Medical Corporation (Japan), XENIOS AG (Germany), Lifeline Scientific, Inc. (U.S.), XVIVO Perfusion (Sweden), Repligen Corporation (U.S.), Spectrum Laboratories, Inc. (U.S.), Abbott (U.S.) Merck KGaA (Germany), Harvard Bioscience, Inc. (U.S.), Ala Science (U.S.) are some of the prominent players at the forefront of competition in the Global Perfusion Market and are profiled in MRFR Analysis.   

Abbott is one of the major market leader in the market with a share of 9.78% in 2016. The company adopted the strategy of FDA approvals, and acquisition to solidify its position in the market. Additionally, the company has a huge product portfolio and good brand identity.

Global Perfusion Market Regional Analysis

Considering the global scenario of the perfusion market, there are four main regions namely America, Europe, Asia Pacific, and Middle East & Africa.

The Americas mainly includes North America and Latin America. North America is holding the largest market share. Increasing demand of organ transplant, cardiothoracic surgeries and advanced healthcare facilities are driving the growth of the North America perfusion market. European region is the second important market, especially West European countries which are dominating this region. Eastern European countries are also showing significant growth in this market. This is due to the increasing expenditure on healthcare and related services along with government’s initiative for organ donations, this has led to a rapid growth in this market in the Asia Pacific region. Talking about the perfusion market scenario in Middle East & Africa, these regions are expected to have limited growth in the global market of perfusion. Middle East accounts for the largest market share while Africa region is growing steadily.

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Clinical Intelligence Market Analysis By Product Overview, Sales, Cost and Capacity | 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  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.  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.

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.

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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Nanobots Market Insights, Overview and Product Value | Forecast to 2023

Nanobots Market Share, Insights and Trends Analysis By Type (Microbivore Nanorobots, Respirocyte Nanorobots, Clottocyte Nanorobots, Cellular Repair Nanorobots), By Application (Nano Medicine, Biomedical, Mechanical, Others) - Forecast To 2023

Nanobots Market Overview

The Nanobots Market is projected to be motivated to attain USD 100 billion in earnings while flourishing at a CAGR of 21 % in the forecast period. The pathbreaking developments in robotics are expected to create favorable demand for nanorobots. Reports that evaluate the medical device industry have been made accessible by Market Research Future, which creates reports on several industry verticals that review the market development and prospects.

The use of nanorobots is drastically modifying the landscape for treatment delivery in the healthcare sector. The need to achieve reliable treatment results is anticipated to motivate the market for nanobots in the coming years. Increased understanding of the operation of nanobots is expected to lead to increased implementation, thus motivating the market for nanobots.

Nanobots Market Segmentation:

The segmental assessment of the nanobots market has been carried out based on type, application, and region. Based on type, the nanorobots market is segmented into respirocyte nanorobots, microbivore nanorobots, clottocyte nanorobots, and cellular repair nanorobots. The other types of nanobots are bacteria-powered robots and nano swimmers. Based on the application, the nanobots market is segmented into biomedical, nano medicine, mechanical, and other applications. Based on the region, the nanobot market is segmented into North America, Asia Pacific, Europe, the Middle East, and Africa.

Nanobots Market Competitive Analysis:

The decrease in trade restrictions is anticipated to create favorable opportunities for development in the forecast period. The presence of favorable trade policies is anticipated to improve the growth of the market in the impending period. Strong insights into the market’s condition are motivating the expansion of the forecast period. The offering in the market has also diversified considerably ensuring availability of better-quality products in the market. Amplified investment in the market is likely to motivate the positive changes in the market in the forecast period. The emergence of specialization in production has also increasingly improved the growth trajectory of the market. The efficiencies achieved in the allocation of resources is expected to encourage the development of the market in the approaching period. Moreover, increased cost efficiencies are projected to positively impact the progress of the market in the coming years.

The notable players functioning in the nanobots market are Zymergen Inc. (U.S), Ginkgo Bioworks (U.S), Synthace Limited (U.K), Advanced Diamond Technologies (U.S), Xidex Corp. (Texas), and Advanced Nano Products Co Limited (South Korea) to name a few.

Nanobots Market Regional Insights:

The regional analysis of the Nanobots Market comprises of regions such as Asia Pacific, North America, Europe, the Middle East, and Africa.  The North American region is the principal market for nanobots. The North American regional market for nanobots is projected to develop at a CAGR of 12.2% and is projected to attain USD 73 billion from USD 55 billion in 2016 by the conclusion of the forecast period. The awareness related to the use of nanobots for surgical care and treatment of patient’s factor is driving the market in the North American region. The European region is the second chief market for nanobots. Whereas, the Asia Pacific region is projected to be the fastest increasing market for nanobots. India is likely to flourish progressively in this market as the application of this technology entails a large amount of financial investment by the healthcare organizations and enhanced training for the staff. Most of the hospitals are primarily focusing on providing primary healthcare to patients. The market also shows solid growth in the Middle East and African region.

Table Of Content:

1 Nanobots Market Report Prologue

2 Nanobots Market Introduction

2.1 Introduction

2.2 Scope Of Study

2.3 Research Objective

2.4 Assumptions & Limitations

2.4.1 Assumptions

2.4.2 Limitations

3 Nanobots Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

4 Market Dynamics

4.1 Nanobots Market Drivers

4.1.1 Increasing Use of Nanobots In Nano Medicine

4.1.2 Increasing Awareness Of Healthcare Professional About Use Of Nanobots In Healthcare

4.2 Restraints

4.2.1 Training For Healthcare Users Of Nanobots May Take A Long Time

5 Nanobots Market Factor Analysis

5.1 Porter’s Five Forces Model

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power Of Buyers

5.1.3 Threat Of New Entrants

5.1.4 Threat Of Substitutes

5.1.5 Intensity Of Rivalry

5.2 Supply Chain Analysis

6. Nanobots Market by Type

6.1 Microbivore Nanorobots

6.2 Respirocyte Nanorobots

6.3 Clottocyte Nanorobots

6.4 Cellular Repair Nanorobots

6.5 Others

6.5.1 Nanoswimmers

6.5.2 Bacteria Powered Robots

7. Nanobots Market by Application

7.1 Nano Medicine

7.2 Biomedical

7.3 Mechanical

7.4 Others

8. Global Ventilation Devices Market by Region

9 Competitive Landscape

10 Company Profile

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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.

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Healthcare Information Governance Solution Market Analysis By Key Players, Development Trend, | Forecast to 2027

Healthcare Information Governance Solution Market Research Report, by Type (eDiscovery,), Deployment (Web and Cloud, In-Premise), by Applications (Financials, Records), by End-User (Hospitals and Clinics, Research and Academics) - Global Forecast Till 2027

Healthcare Information Governance Solution (IGS) Market Overview

Factors such as growing stringency of regulations, rising noncompliance costs, and advancements in the processing power are driving the healthcare information governance solution (IGS) market. On the other hand, high costs for the information governance systems, cultures of secrecy, and traditional organization structures may restrain the market growth during the forecast period.

The global healthcare information governance solution (IGS) market is growing with a sound pace. According to a recent study report published by the Market Research Future, the global healthcare information governance solution (IGS) market is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a sound growth by 2027, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2027).

Healthcare information governance solution enables effective management of healthcare information. It involves processing, controlling, and retrievals of information in a suitable format when required. Information governance enables an organization to become adaptive and responsive to the changing demands of the market demands. One of the major goals of the information governance in healthcare is to centralize the fragmented data so as to increase its accessibility, thereby, relaxing the work flow.

Healthcare Information Governance Solution (IGS) Market Competitive Analysis

Dell Inc., HP Autonomy, IBM, Symantec Corporation, Google, Amazon, Microsoft, Hewlett Packard Enterprise Development LP, nThrive, Inc, Veritas Technologies LLC, Information Governance Solutions, LLC., FTI Technology LLC, iDiscovery Solutions, Inc. are some of the prominent players at the forefront of competition in the Global Healthcare Information Governance Solution (IGS) Market and are profiled in MRFR Analysis.

Characterized by the presence of several well-established and small players, the global healthcare information governance solution (IGS) Market appears to be highly competitive and fragmented. International players are expanding their footprint in the developing economy, making it difficult for regional vendors to compete with them, especially in terms of features such as product portfolios, quality, and pricing.  The market is witnessing intensified competition which is expected to get more intensified further during the forecast period. The intense competition prevalent in the market dictates the consolidation among marketers.

Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position.

In September 2016, Dell Inc. acquired EMC Corporation and created a unique family of businesses that would provide some of the essential infrastructure for organizations, so as to build their digital future, transform IT and protect their most important information assets. This combination created a $74 billion market leader with an expansive technology portfolio that could solve complex problems for customers in the industry’s growing areas of hybrid cloud, software-defined data centre, converged infrastructure, platform-as-a-service, data analytics, mobility and cyber security.

nThrive Inc., acquired Adreima, a Downers Grove, Ill.-based provider of patient-centered, clinically integrated revenue cycle services that help patients find coverage and meet their financial obligations, while partnering with health care providers to optimize revenue cycle functions.

Symantec Corp. and LifeLock, Inc. entered into a definitive agreement for Symantec to acquire LifeLock for $24 per share or $2.3 billion in enterprise value. The deal was approved by the boards of directors of both companies.

Google acquired Halli Labs, a very young start-up based in Bengaluru, India, that was focused on building deep learning and machine learning systems.

 Healthcare Information Governance Solution (IGS) Market Regional Analysis

On the regional backgrounds the Americas leads the healthcare information governance solution (IGS) market owing to a well-developed healthcare sector and presence of the developed technologies like U.S. and Canada which have technological backgrounds for facilitating the market growth. Europe is second in the market. Healthcare in Europe is provided through a wide range of different systems which run at the national level. These systems have huge amount of database which require database management and protection. This makes the market to grow within the region. The Asia Pacific region is the fastest growing region due to the developing economies like India and China. The Middle East and Africa have the least market share, especially due to the presence of poor economies within the African region.

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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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Medical Ventilator Industry Report, Applications, Technology and Forecast | Forecast to 2023

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

The extensively conducted Medical Ventilator Market study by Market Research Future (MRFR) reveals that the demand for ventilators is increasing due to the amalgamation of various factors.

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 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. The expected market growth of Medical Ventilators is projected to be 7.9% during the forecast period.

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.

Competitive Analysis

Some of the key players in the medical ventilators market 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.)

Oct 2018, 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.

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.

Regional Analysis

The regional analysis of Medical Ventilators provides us with a better overview of the market. The market comprises of four major regions: Asia-Pacific, the Middle East & Africa, Americas, and Europe.

Americas is the largest market player of medical ventilators worldwide with over 60% of the global share due to a number of factors. The increasing incidences of lifestyle-based diseases leading to disorders like asthma, bronchitis, chronic obstructive pulmonary diseases, and other disorders are driving the market growth in this region. Additionally, an increasing percentage of patients in critical state, increasing surgical procedures, rising smoking addiction, and the presence of a wide array of medical device manufacturers in the US are all key factors boosting the market growth.

Europe comes in second in terms of market growth and much of it can be attributed to the growing population of chronic respiratory diseases, demand for mechanical ventilators, and other factors.

Asia Pacific is slated to be the fastest-growing regional market. The wide-spread prevalence of respiratory and chronic heart diseases, threatening environmental pollution, and the presence of a large patient pool are all projected to contribute to the growth of the market herein. Lastly, the Middle East & Africa is expected to show slow and steady progress during the assessment period.

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Cheilectomy Industry Overview, Applications, Investment, Price and Profit | Forecast to 2023

Cheilectomy Market Size and Growth Analysis by method (open, arthroscopic, percutaneous) anesthesia (general, local, and regional anesthesia) medication (prescription pain relievers, NSAIDs) end-users (academic institutes, clinics) – Forecast till 2023

Cheilectomy Market Highlights

The global cheilectomy market is expected to grow at an approximate CAGR of 7.8% during the forecast period. Factors like increasing prevalence of hallux rigidus, growing female population, rising demands for minimally invasive procedures, growing healthcare expenditure, and increasing geriatric population is estimated to drive the global cheilectomy market. However, high procedural cost, complications like deep vein thrombosis, need for repeated surgery, stiffness in the joints of the toes, and low per capita healthcare expenditure in the middle and low-income countries is estimated to restrain the market growth during the projected period.

Cheilectomy Market Segmentation

The global cheilectomy market is segmented by the method, anesthesia, medication, and end-user.

By the method, the market is segmented into open, arthroscopic, and percutaneous method.

By the anesthesia, the market is categorized into general anesthesia, local anesthesia, and regional anesthesia. By the medication, the market is segmented into prescription pain relievers, OCT, and others. By prescription the pain relievers the market is segmented into corticosteroids, opioids, nonsteroidal anti-inflammatory drugs (NSAIDs), and others. By the OCT drugs, the market is segmented into ibuprofen, naproxen, and others. By end users, the market is segmented into hospitals & clinics, academic institutes, retail pharmacies, and others.

Cheilectomy Market Regional Analysis

The Americas dominate the global cheilectomy market. Well-developed healthcare sector, increasing prevalence of hallux rigidus, rising healthcare expenditure, and presence of the key players are some of the drivers for the market growth within the region. Additionally, increasing geriatric population and growing female population fuels the market growth.

Europe is the second largest cheilectomy market. Increasing prevalence of osteoarthritis, growing geriatric population, and rising healthcare expenditures within the region are some of the driving factors for the market growth. On a regional basis, Europe is divided into two regions, i.e., Western Europe and Eastern Europe. Western Europe is estimated to be the leading market within the region.

Asia Pacific is the fastest growing region for the market due to the presence of a huge patient population, continuously developing economies like India & China, and presence of huge opportunity in the market. On the other hand, the Middle East & Africa has the least share in the global cheilectomy market due to the presence of poor economies which have low per capita healthcare expenditure and stringent government policies, especially in the Africa region. Majority of the market of this region is held by the Middle East due to a well-developed healthcare sector and huge healthcare expenditure.

Cheilectomy Market Key Players

The key players for the global cheilectomy market size are Henry Schein, Inc. (U.S.), STEROID S.p.A. (Italy), Pfizer Inc. (U.S.), Novartis AG (Switzerland), Merck & Co., Inc. (U.S.), Sanofi (France), Janssen Pharmaceuticals, Inc. (Belgium), PurduePharma (U.S.), ALLERGAN (Republic of Ireland), Boehringer Ingelheim International GmbH (Germany), and others.

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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

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Parathyroid Disorders Market Analysis By Product Overview, Sales, Cost and Capacity | Forecast to 2023

Parathyroid Disorders Market Size, Application and Trends Analysis By Type (Hyperparathyroidism, Parathyroid Cancer, Hypoparathyroidism), Diagnosis (Blood Test, Imaging, Urine Test), Treatment (Surgery, Radiation Therapy, Drugs), End User – Global Forecast Till 2023

Parathyroid Disorders Market Highlights:

It is estimated that the parathyroid disorders market is expected to grow at a CAGR 6.5% during the forecast period of 2017-2023. Parathyroid hormone plays a significant role in regulating the metabolism of calcium, phosphate, and Vitamin D. The hyperparathyroidism, and hypoparathyroidism are the two most common parathyroid disorders.

A number of factors such as growing geriatric population, rising prevalence of parathyroid disorders, increasing government assistance, rising healthcare expenditure, improving regulatory framework, and rising funding and reimbursements are propelling the growth of the global parathyroid disorders market.

However, challenges in research and development, side-effects of treatment, the presence of misbranded and spurious drugs, expiration of patented drugs, and poor healthcare system in low and middle-income countries may hamper the growth of the market.

Parathyroid Disorders Market Regional Analysis:

The Americas dominate the global parathyroid disorders market owing to the rising prevalence of parathyroid disorders and high healthcare expenditure. According to the Centers for Disease Control and Prevention in 2015, the total healthcare expenditure in the United States was reported to be USD 3.2 trillion and hospital care accounted for a share of 32.3%.

Europe holds the second position in the parathyroid disorders market. It is expected that the support provided by the government bodies for research & development and improvement in the reimbursement policies in the healthcare is likely to drive the market of the European region.

The Asia Pacific is the fastest growing parathyroid disorders market owing to a huge patient pool and developing healthcare technology. Healthcare expenditure is also improving in various Asia Pacific countries. According to the Australian Institute of Health and Welfare in the years 2015-2016, the total healthcare expenditure was USD 170.4 billion, which is 3.6% higher than the expenditure of 2014-2015.

The Middle East & Africa holds the least market share due to lack of technical knowledge and poor medical facilities.

Parathyroid Disorders Market Segmentation

The global parathyroid disorders market is segmented based on type, diagnosis, treatment, and end user.

Based on the type, the market is classified as hyperparathyroidism (HPT), parathyroid cancer, and hypoparathyroidism. The hyperparathyroidism is further sub-segmented into primary hyperparathyroidism, secondary hyperparathyroidism, and tertiary hyperparathyroidism.

Based on the diagnosis, the market is classified as blood tests, imaging tests, and urine tests. The imaging tests is further sub-segmented into CT or CAT (computed axial tomography) scans, MRI (magnetic resonance imaging) scans, X-ray, ultrasound, bone density test, and sestamibi scan.

Based on the treatment, the market is classified as surgery, radiation therapy, drugs, and others. The drugs segment is further sub-segmented into calcimimetics, hormone replacement therapy, and bisphosphonates.

Based on the end user, the market is segmented into hospitals & clinics, diagnostic centers, drug stores, pharmacies, and others.

Parathyroid Disorders Market Key Players

Some of the key players in the global parathyroid disorders market size are Abbott Laboratories, Alcon Laboratories, Inc., Amgen Inc., Bayer Healthcare, Becton, Dickinson and Company, Eli Lilly, Ethicon, Inc., Genentech, Medtronic, Merck, Mylan Laboratories, Novartis, Novo Nordisk, Pfizer, Roche, Smith & Nephew plc, Stryker, Teva Pharmaceutical Industries Ltd., Zimmer Biomet Holdings, Inc., and others.

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