Thursday 26 November 2020

Nanobots Market Profile, Outlook and Segmentation

 Global Nanobots/Nanorobots Market: Information by Product Type (Nanomanipulator, Bio-Nanorobotics, Magnetically Guided Nanobots/Nanorobots), Application (NanoMedicine, Biomedical), Region (Americas, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2025

Segmental Analysis

The segmental assessment of the nanobots market has been carried out on the basis of type, application, and region. On the basis of 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 nanoswimmers. 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.

Overview

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 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.

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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.

Detailed Regional Analysis    

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 also 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.

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 nanobots 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.

Industry Updates:

A team has planned on using nanobots to generate the ‘internet of thoughts,’ where prompt knowledge could be transferred just by thinking it. A global team of scientists led by associates of the US Institute for Molecular Manufacturing and UC Berkeley predicts that exponential development in nanomedicine, nanotechnology, artificial intelligence (AI) and computation will direct this century to the expansion of a human ‘brain-cloud interface’ (B-CI).

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Healthcare Information Governance Solution (IGS) Market Insights, Growth and Investment Feasibility

 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

Market Drivers & Trends

The global Healthcare Information Governance Solution market is mainly driven by factors such as the rising cost of legal risks as well as increasing stringency of regulations. As per the research and study, compliance reduces the legal risks associated with weak and inconsistent information. Another factor that is remarkably driving the market to achieve its valuation is the centralization of the data, which is fragmented across various domains that increases its accessibility and flow speed.

On the other hand, the beneficiaries of Healthcare Information Governance Solution to the health organizations in the events o lawsuit, compliance audit or corporate merger is also capturing the market share, which is anticipated to grab higher CAGR and revenue over the assessment period. Furthermore, development of the field of biotechnology and pharmaceutical sectors, increasing costs of noncompliance, rising expectations from data management and information technology systems have eventually bolstered the market in recent years. Based on these factors, the U.S. is recorded to be the largest market share for biopharmaceuticals by gaining one-third of the global market. It is expected that the U.S. biopharmaceutical sector to account approximately 17% of all the domestic research & development funded by the U.S. businesses and added an estimated USD 1.2 trillion in the economic output of 2014.

However, on the flip side, the global Healthcare Information Governance Solution market has some restriction over its growth graph due to factors such as high costs of the information governance system, varied cultures of secrecy, traditional structures of organization and fragmented data structures and more.

Market Insight

The latest setups in Healthcare Information Governance Solution (IGS), which comprises of management of healthcare information, is effectively promoting the development of the market. Market reports associated to the healthcare industry have been made available by Market Research Future, which states that the global healthcare Information Governance Solution (IGS) market is anticipated to prosper at a CAGR of 16.7 % during the forecast period from 2017 to 2023.

Healthcare information governance is a high-pressure part of the healthcare industry where a lapse in providing accurate information regarding health issues can result in significant blunder. Thus, the application of healthcare information governance solutions balances and reduces the risk by enabling proper management of healthcare information to a great extent. The management of healthcare information includes the implementation of processes, controlling, metrics, and retrievals of information that is provided in a suitable format whenever demanded. Healthcare information governance systems are also important in improving operations of healthcare information and aims in making a business asset available in a cost-effective way only to ensure compliance and reduce the cost of non-compliance.

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Detailed Regional Analysis 

The regions included in the regional analysis of the global healthcare Information Governance Solution (IGS) market are North America, the Middle East, Europe, Asia Pacific, and Africa.

The foremost regional analysis of the market observes that the Americas region is the major region in the global market owing to favorable insurance penetration, excellent reimbursement scenario, and increasing expenditure on healthcare. The high consumption of information technology has boosted the market and have been developing new technology in the U.S., which has augmented the market competition.

The European region is the next primary market owing to the availability of funds for research and growing pharmaceutical and biotechnology sectors. The study depicted that in 2017, according to the Biotechnology and Biological Sciences Research Council, the U.K. pharmaceutical market is anticipated to progress at an average annual growth rate of 4 to 7% by 2021.

On the other side, Asia Pacific is also projected to be the fastest-growing region for the market with the support of the presence of continuously developing economies such as India and China and a developing healthcare sector mainly in these countries. Whereas, the Middle East and Africa have the least share of the healthcare Information Governance Solution (IGS) market, which can be attributed to the incidence of weak economies, rigorous government policies, and lack of healthcare services, especially within the African region. The Middle East grabs most of the market share in the Middle East and Africa.

Key Players

The significant players in the healthcare Information Governance Solution (IGS) Market are listed as electronic Medicines Compendium (U.S.), HP Autonomy (England), Symantec Corporation (U.S.), Information Governance Solutions, LLC. (U.S.), FTI Consulting, Inc. (U.S.), Google (U.S.), Microsoft (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Veritas Technologies (U.S.), NovaDigm Therapeutics (U.S.), iDiscovery Solutions, Inc. (U.S.), and others 

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Wednesday 25 November 2020

Lichen Sclerosus Treatment Market Trends, Applications and Competitive Landscape

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

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.

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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.

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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Antihistamine Drugs Market Review, Research and Global Industry Analysis

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.

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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.

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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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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Central Pontine Myelinolysis Market Insights, Growth and Investment Feasibility

Central Pontine Myelinolysis Market Information: By Diagnosis (Magnetic Resonance Imaging (MRI), Computerized Tomography (CT), Electroencephalography, Others) By Treatment (Vitamin Supplementation, Electrolyte Mainainence, others)) By End Users - Global Forecast till 2023

Central Pontine Myelinolysis Market Highlights:

Central pontine myelinolysis (CPM), also known as osmotic demyelination syndrome or central pontine demyelination, is a neurological disorder caused by severe damage of the myelin sheath of nerve cells. The drivers for central pontine myelinolysis market are increasing risk factors and cases of liver disease, liver transplant, alcoholism, severe burns, malnutrition, anorexia, severe electrolyte disorders, AIDS, hyperemesis gravidarum, anorexia nervosa, hematopoietic stem cell transplantation, Wernicke encephalopathy etc. CPM mostly affects the pons area of the brain and is characterized by acute paralysis, difficulty swallowing (dysphagia), difficulty speaking (dysarthria), and other neurological symptoms.

Market Overview

These neurological symptoms are manifested into nausea and vomiting, disturbed consciousness, gait changes, confusion, headache, seizures etc. Serious progressive neurological symptoms are, progressive development of spastic tetraparesis, pseudobulbar palsy etc. The diagnosis segment of central pontine myelinolysis especially the Magnetic Resonance Imaging (MRI) and Computed Tomography (CT) is growing fast. MRI is the test of choice with its high specificity and correct diagnosis capabilities. The market restraints are poor cure rates of central pontine myelinolysis, treatment, high cost of treatment etc.

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Global Central pontine myelinolysis Fujifilm Holdings Corporation, GE Healthcare, Siemens Healthcare GmbH, Philips Healthcare (Koninklijke Philips N.V.), Shimadzu Corporation, Toshiba Medical Systems Corporation, Carestream Health, Hitachi Medical Corporation and others.

Central Pontine Myelinolysis Market Segmentation

The global central pontine myelinolysis market has been segmented on the basis of diagnosis, treatment, and end users.

Based on diagnosis, the market has been segmented as Magnetic Resonance Imaging (MRI), Computerized Tomography (CT), electroencephalography and others.

Based on treatment, the market has been segmented as vitamin supplementation, electrolyte maintenance and others.

Based on the end users, the central pontine myelinolysis market has been segmented as hospitals & clinics, academic and research and others.

Central Pontine Myelinolysis Market Regional Analysis

Europe is the second largest central pontine myelinolysis market in the world due to high income and healthcare penetration. Europe is led by nations such as Germany and France. UK is expected to be the fastest growing market.

Asia Pacific region is expected to grow rapidly and China and India are likely to lead this market due to fast growing healthcare sector during the forecast period.

The Americas account for a significant market share owing to extensive use of medications and high expenditure on the health care. Additionally, the fastest uptake of new drugs in the US drives the central pontine myelinolysis market. Also, concentration of major research companies in the developed countries of this region is adding fuel to the market growth. The large expenditure on the US healthcare accounting to 16% of GDP also cruises the sale of central pontine myelinolysis treatment.

Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. The African region is expected to witness a moderate growth owing to poor economic and political conditions and poor healthcare development.

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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. 

 

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Care Management Solutions Market Size, Share, Demand and Growth

Care Management Solutions Market – Regional Analysis

The North American region, heading with its robust economy, high healthcare expenditure, and the presence of key players is estimated to retain its dominance over the global care management solutions market. Americas has one of the best medical facilities around the world as well as higher rate of patients. Canada and the U.S. are technologically well advanced countries; therefore, hold the largest market share in the care management solutions market in the region.

Furthermore, the increasing number of hospitals ambulatory centers and the presence of huge patient population alongside the well-developed technology drive the market growth in the region. Massive funding from public and private sectors are fostering the market growth, making the cost of these solutions affordable.       

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The care management solutions market in the European region accounts for the next largest market share, globally. Factors allowing the regional market to substantiate include strong government support, availability of funds, and the increasing demand for better management software & platforms.  Western European region backed by the presence of well-developed economies such as the U.K., Germany, and France holds a significant share in the regional market.

Indeed, the resurging economy in the region is playing a vital role in the growth of the market, making the high cost of treatment affordable and increasing per capita income in this region. Additionally, governmental support that has been encouraging vendors to develope new and better solutions is in turn, fostering the growth in the regional market.

The Asia Pacific care management solutions market has emerged as a profitable market, globally. Factors such as the vast technological advancements, burgeoning healthcare IT sector, and rapidly improving healthcare infrastructure are impacting the regional market, positively. Moreover, the increasing number of patients suffering from chronic diseases alongside the rapidly surging economy in the region that is increasing per capita healthcare expenditure provide impetus to the growth of the market.

The Asia Pacific together accounts for over 41% of the global population, and most of the APAC countries are in the developing phase which leads to providing immense opportunities for the market players. Larger countries such as China and India backed by the densely populated area are considered as the biggest market for the care management solutions products in the region.

Global Care Management Solutions Market –         Segmentation

For ease of understanding, the care management solutions market analysis has been segmented into five key dynamics:

By Component                     : Software and Services

By Application                     : Disease Management, Case Management, Utilization Management, and EMR Management among others.

By Delivery Method           : Web, Cloud, and On-premise

By End-user                          : Payers and Providers among others.

By Regions                            : North America, Europe, Asia Pacific, and the Rest-of-the-World.

Overview

Care Management Solutions have become an essential part of healthcare offerings providing cost-effective patient care. Implementation of these solutions ensures reduction of costs and increased patient care quality.

The efficacy of these software solutions to allow the consolidation of all expenses which consequently saves the further cost of patient care acts as a major tailwind driving the market for care management solutions.  Moreover, the increasing healthcare expenditures are escalating the market on the global platform, increasing the need to curtail cost without compromising the quality of care.

Considering the colosal growth, the market perceives currently; Market Research Future (MRFR), in its recently published study report asserts that the global care management solutions market will grow exponentially by 2023, registering a fabulous CAGR throughout the forecast period (2017 – 2023).

Additional factors helping the market to boost further are the growing use of big data and its significant impact that is pushing the healthcare sector toward patient-centric care. Also, factors such as the ever-increasing population, geriatric populaces, and increased occurrence of chronic diseases are impacting the market growth, positively, increasing the need for care management solutions.

Besides, the most effective workflow methods that these solutions provide result in creating lucrative opportunities for market players in the chronic disease market. Advancements in IT technology and increasing uptake of healthcare IT for the efficient management of large volumes of data are expected to increase the size of the market. Furthermore, factors such as the ability of care management solutions to integrate claims-based data sources and EHR -bases data at patient level is fostering the growth of the market, allowing the use of analytics that can support in clinical decision making.

Global Care Management Solutions Market – Competitive Analysis

The well-established care management solutions market appears to be highly competitive with the presence of a number of players. They invest substantially in order to develop next-generation healthcare IT solutions which are further intensifying the market competition.

Major Players:

Key players leading the global care management solutions market include Cerner Corporation, Casenet LLC, Medecision, AthenaHealth, EXL Healthcare, HealthSmart Holding, Cognizant Technology Solutions, Epic Systems Corporation, Koninklijke Philips N.V., and Allscripts Healthcare Solutions among others.

Industry, Innovation & Related News

Wellbox (the US), a technology-enabled healthcare services company creating and delivering chronic disease management solutions launched integrated revenue cycle management for chronic disease care management services. This expansion in services is expected to make Wellbox the first and only CCM services provider offering a complete end-to-end CCM and RCM service to its customers.

At the event, Wellbox also announced its partnership with eMDs' Aria Health Services, a leading provider of general medical & surgical hospital services, and a wide range of healthcare programs & services across North America to expand its market-leading chronic disease care management (CCM) solution.

The expansion of CCM service platform includes fully integrated Revenue Cycle Management (RCM) services improving the customer and patient experience by integrating the associated billing process and eliminating the typical confusion and frustration related to traditional non-integrated CCM services.

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

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Cardiac Mapping Market Key Players, Dynamics, Insights

 Cardiac Mapping Market Segmentation

The Global Cardiac Mapping Market has been segmented based on product, indication, and end user.

The market, based on product, has been divided into contact with cardiac mapping systems and non- contact cardiac mapping systems. The contact cardiac mapping systems are likely to hold maximum market share in the global cardiac mapping market owing to its ease of access across the globe.

The cardiac mapping market based on indication has been segregated into atrial fibrillation,

atrial flutter, atrioventricular nodal reentrant tachycardia (AVNRT), Wolff-Parkinson-White Syndrome (WPW), and others. The atrial fibrillation segment is anticipated to hold the largest share in the market due to a large number of patients suffering from the condition.

The end user segments of the cardiac mapping market are hospitals, clinics, diagnostic centers, and others. The hospitals segment is expected to hold the largest share of the market, as these are the primary locations where patients receive diagnosis & treatment.

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Cardiac Mapping Market Regional Analysis

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

The Americas is anticipated to hold the largest market share owing to the higher adoption rates of cardiac mapping, available healthcare infrastructure, and the presence of prominent players in this region. The cardiac mapping market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada.

The European cardiac mapping market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The cardiac mapping market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the rising prevalence of cardiovascular diseases and the expansion of healthcare facilities, the market in Asia-Pacific is expected to be the fastest-growing. The cardiac mapping market in the Middle East & Africa has been divided into the Middle East and Africa.

Cardiac Mapping Market Highlights

According to MRFR analysis, Global Cardiac Mapping Market is expected to register a CAGR of 8.4% during the forecast period of 2019 to 2025 and was valued at USD 1.3 Billion in 2018.

The normal heart has a ‘built-in’ electrical system that controls cardiac rhythm and pulse rate. This allows the heart chambers to beat in a coordinated fashion. Cardiac arrhythmias such as bradycardia, atrial flutter, and tachycardia can develop due to a sedentary lifestyle, lack of exercise, and other congenital problems.

According to the Centers for Disease Control and Prevention (CDC), the prevalence of atrial fibrillation in the US ranged from 2.7 to 6.1 million, which is expected to increase with the ageing population. Catheter guided mapping is a minimally invasive procedure that aims to monitor the irregular heartbeats by navigating to abnormal tissue responsible for causing the arrhythmia.

The global cardiac mapping market is currently dominated by several market players. The key players are involved in expansion, acquisition, and strategic collaborations to maintain their global footprint. For instance, in February 2020, Rhythm AI agreed to a research collaboration with Biosense Webster Inc. The agreement grants the company access to certain data from the Biosense Webster’s CARTO3 System to support a multi-center clinical trial of its STAR Mapping system.

Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/cardiac-mapping-market-8786

Cardiac Mapping Market Key Players

Some of the key players in the Global Cardiac Mapping Market are Abbott Laboratories, GE Healthcare, Boston Scientific Corporation, Medtronic plc., Johnson & Johnson, Koninklijke Philips N.V., Hill-Rom Services, Inc., and others.

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