Wednesday 23 December 2020

Asthma and COPD Drugs Market Profile, Key Players, Dynamics | Forecast to 2023

 Key Players

The key Players in the global asthma and COPD drugs market are GlaxoSmithKline plc (UK), AstraZeneca (UK), Boehringer Ingelheim International GmbH (Germany), and Chiesi Farmaceutici SpA (Italy). Collaboration, acquisition, product approval & launch and expansion were some of the main strategies adopted by players in the global asthma and COPD drug industry.

Overview

According to Market Research Future (MRFR), the global asthma and COPD drugs market is projected to cross USD 43,444.72 million at a CAGR of 7.90% by 2025. Asthma is a type of inflammatory condition that affects the lungs and makes it difficult to breathe. Asthma is one of the common chronic conditions that affect many people around the world. COPD or chronic obstructive pulmonary disease is the umbrella term used in a category of respiratory disorders such as emphysema and chronic bronchitis.

The rising prevalence and incidence of asthma and COPD and a strong product pipeline are expected to drive market growth. According to a survey released by the Asthma and Allergy Foundation of America in June 2019, 1 in 13 Americans has asthma. It also reported that more than 11.4 million people with asthma suffered at least one asthma attack in 2017. Rapidly evolving lifestyles and high R&D investment are also expected to drive business growth.

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Segmentation

Global asthma and COPD drugs market has been segmented by disease, medication, route of administration, and distribution channels.

The disease-based sector has been divided into asthma and COPD.

Based on the product, asthma and COPD market, drugs have been divided into long-term asthma control drugs and quick-relief drugs. Long-term asthma control drugs are divided into combination drugs, anticholinergics, inhaled corticosteroids, long-acting beta agonists, theophylline, and others. Combination drugs are further classified into Seretide / Advair, Symbicort, Relvar / Breo Ellipta, Flutiform, Dulera, and others. Anticholinergics were further sub-segmented to Spiriva and others. Inhaled corticosteroids are further segmented into Pulmicort, Qvar, Flovent, and others. Quick-relief medication has been further divided into short-acting beta agonists, oral and intravenous corticosteroids, ipratropium bromide (Atrovent), and others. The short-acting beta agonists were further separated into Proair and Ventolin.

The global demand for asthma and COPD medications, depending on the route of administration, has been segmented into oral, inhaled, and other products. Across the basis of distribution networks, the global demand for asthma and COPD medicines has been segmented into specialty pharmacies, hospital pharmacies, and online pharmacies.

Regional Analysis

Based on the region, global asthma and COPD drugs market has been divided into the Americas, Europe, Asia Pacific, and the Middle East and Africa.

The Americas are expected to dominate the global market for asthma and COPD medicines. It can be due to the increasing number of patients suffering from asthma and COPD in the region. According to the American Academy of Allergy Asthma & Immunology, about 8.3 percent of children in the US had asthma in 2016. In addition, growing health expenditure per person and increasing demand for advanced care options are also expected to drive market growth.

The European market for asthma and COPD drugs is projected to be the second-largest during the review period. Increasing awareness of asthma and COPD in Europe is expected to fuel the growth of the regional sector. For example, in April 2017, the 'United Action for Allergy and Asthma' was launched in Europe to raise awareness of asthma in the continent. In addition, the prevalence of asthma and COPD is also growing in Europe, which is further accelerating market growth.

Asia Pacific is expected to be the fastest-growing market in the world due to increasing awareness of COPD and asthma. This is evident from the launch of a campaign by Koninklijke Philips in May 2019 to raise awareness of asthma in India on World Asthma Day. However, the high incidence of asthma and COPD also has a positive effect on market development.

Industry News

Boehringer Ingelheim invested USD 117.46 million (EUR 105 million) to expand its manufacturing facilities in Dortmund and Ingelheim for the production of its respiratory products.

The European Commission approved Nucala (mepolizumab) for the care of pediatric patients with serious eosinophilic asthma in the European region. This approval would help to address the high unmet needs of the European population, as the prevalence of the disease is high among children and adolescents as opposed to adults. The region also has a minimal likelihood of treating severe asthma in children

AstraZeneca partnered with Pieris Pharmaceuticals to create and commercialize inhaled treatments for respiratory disorders, including asthma, based on Anticalin.

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Hydrocephalus Market Solutions, Services, Opportunities and Challenges Till 2025

 Hydrocephalus Market Size, Share and Trends Analysis by Type (Congenital Hydrocephalus, Acquired Hydrocephalus, Normal-Pressure Hydrocephalus, Ex-Vacuo Hydrocephalus), Diagnostic (CT scan – head, MRI, Head Ultrasound), Treatment (Surgery – Shunt Insertion, Ventriculostomy, Medication), End User (Hospitals & Clinics, Diagnostic Centres, Academic Institutions and Research Organizations) and Region - Forecast till 2023

Hydrocephalus Market Competitive Analysis:

Major industry leaders in the hydrocephalus market are B. Braun Melsungen AG (Germany), Sophysa SA (France), Spiegelberg GmbH & Co. KG (Germany), Terumo Corporation (U.S.), DePuy Synthes (U.S.), Integra LifeSciences Corporation (U.S.), Medtronic Plc (Ireland), Tokibo Co., Ltd. (Japan), Natus Medical Incorporated (U.S.), Boston Neurosciences (U.S.), HLL Lifecare Limited (India), Christoph Miethke GmbH & Co. KG (Germany), Johnson & Johnson Services Inc. (U.S.), and RAUMEDIC Inc. (Germany).

Hydrocephalus Market Overview:

The Global Hydrocephalus Industry size is estimated to balloon to USD 1,752.07 million by 2023, asserts Market Research Future (MRFR). It can exhibit 4.4% CAGR over the forecast period (2018-2023). It was previously valued at USD 1,348 million in 2017. High incidence of traumatic brain injuries owing to accidents is the primary driver of the market. Although high procedural costs of intracranial pressure (ICP) monitoring devices and lack of skilled professionals remain growth deterrents.

Increasing prevalence of traumatic brain injuries (TBI) caused by accidents is one of the major factors driving market growth. Posttraumatic hydrocephalus is a condition caused in the aftermath of BTI which can use blockage in ventricles of the brain leading to excess levels of cerebrospinal fluid (CSF). Investments in development of new shunts which can expedite the draining of CSF are likely to spur market growth.

Emergence of various neurovascular diseases such as arteriovenous malformations (AVMs) and brain aneurysm is predicted to bolster the hydrocephalus market growth. This can be attributed to the uptick of neurological conditions witnessed in Asia Pacific. Favorable reimbursement schemes which cover treatment costs coupled with the large patient pool are other factors which can foster growth.

Hydrocephalus Market Segmentation Analysis:

The hydrocephalus market is segmented by type, diagnosis, treatment, and end-user. 

By type, congenital hydrocephalus held 36% share in 2017, followed by acquired hydrocephalus (31%), normal-pressure hydrocephalus (19%), and ex-vacuo hydrocephalus (14%). Congenital hydrocephalus led the hydrocephalus market owing to 55% of hydrocephalus cases turn out to be due to genetic factors. The segment can exhibit 3.65% CAGR over the forecast period to touch a value of USD 601.93 million by 2023. But the normal-pressure hydrocephalus segment can exhibit the highest CAGR of 4.92% during the assessment period to reach a size of USD 345.07 million by 2023.

By diagnosis, MRI can display 4.93% CAGR during the assessment period to reach a value of USD 659.86 million by 2023. This can be attributed to the effectiveness of MRI technology to scan malformations in the brain. On the other hand, the CT scan-head segment can display 3.86% CAGR to accrue USD 756.21 million by 2023. The application of the technology to gain the presence of the condition at an early stage in adults and infants can drive its growth.

By treatment, surgery-shunt insertion accounted for 59% market share in 2017, followed by ventriculostomy (22%), medication (12%), and others (7%). The surgery-shunt insertion segment can display 4.12% CAGR over the forecast period to generate close to USD 1,008.67 million by 2023. Factors driving segment growth include approval of shunts, efficacy of shunts in deterring the accumulation of CSF, and preference of the treatment by the elderly. On the other hand, ventriculostomy can exhibit 4.92% CAGR during the assessment period to generate close to USD 400.92 million by 2023.

By end-user, diagnostic centers can exhibit 4.92% CAGR during the assessment period to touch a value of USD 397.28 million by 2023. Hospitals & clinics can generate USD 951.56 million by 2023 at a CAGR of 4.12% CAGR throughout the forecast period.

Hydrocephalus Market Regional Analysis:

Region-wise, the hydrocephalus market includes Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA). Americas held close to 36% market share in 2017, followed by Europe (32%), APAC (24%), and MEA (8%).

The Americas region had dominated the market in 2017 owing to high incidence of traumatic brain injuries (TBI) and prevalence of neurovascular diseases. It can accrue close to USD 615.79 million by 2023, at a CAGR of 3.80% over the forecast period. The growth is facilitated by development of imaging technologies and shunts which can improve the surgical outcomes.

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The APAC region can exhibit the highest CAGR of 5% during the assessment period owing to high cases of accidents which cause TBI. The latent potential of economies of China and India coupled with the large patient pool can create opportunities for equipment manufacturers to establish their units. The region can generate USD 439.36 million by 2023.

The Europe region can generate USD 555.63 million by 2023 at a CAGR of 4.61% during the forecast period. This can be attributed to improvement of hydrocephalus management, continuous development of shunts, and upskilling of neurosurgeons.

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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.

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Clinical Reference Laboratory Market Growth, Size, Dynamics To 2023

 Market Overview

The global clinical reference laboratories market, as per a report by Market Research Future (MRFR) is touted to register a CAGR of 5.8 % during the forecast period (2016-2027).

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Clinical reference laboratories are extensively used to support analysis and diagnosis in patient care as in medical research. Laboratory services are essential for treatment, disease diagnosis, disease surveillance programs, monitoring response to treatment, and clinical research. Generation of quality results involves stepwise procedure through implementation, planning, and thorough checking of results. Laboratories carry out extramural and intramural research through institutions involved in daily patient care.

The clinical reference laboratories market has been evaluated as a progressively evolving market and is likely to retain its position in the foreseeable future. The adoption of value-based services has gained traction as hospitals have started outsourcing radiology and pathology diagnostic services. With hospital budgets becoming constrained due to declining medical reimbursements, hospitals are outsourcing their pathology and diagnostic services. The rising value-based outsourcing from hospitals has encouraged the market for independent reference laboratory services.

Increased use of robotics technology in reference laboratories to increase productivity, reduce lab process cycle times, and elevate data quality are some of the major factors likely to contribute to the market growth across the globe. Moreover, the application of laboratory automation technology will help to enhance the effectiveness and efficiency of testing and diagnostic process. Laboratories will also be able to perform critical activities like combination chemistry, screening, large-scale biorepositories, and automated clinical and analytical testing. Such factors are likely to influence the market across the globe. The soaring focus on early detection and prevention of diseases, revolution of personalized medicines, and innovation of genetic and molecular technologies are some of the factors likely to dictate the growth trajectory of the market. Increased number of FDA approvals for diagnostic procedures will further lead to vendors emphasizing on the launch of cost-effective, new, and time-saving diagnostic procedures in order to increase the market shares.

Clinical Reference Laboratories Market: Segmental Analysis

The clinical reference laboratories market has been segmented on the basis of service providers and applications.

By service providers, the clinical reference laboratories market is segmented into hospital-based, stand-alone, and clinical based.

By application, the clinical reference laboratories market is segmented into clinical trials, laboratory medicine, and others.

Regional Frontiers

Geographically, the clinical reference laboratories market spans across Asia Pacific, Europe, North America, and the Middle East & Africa.

Considering the global scenario, North America is predicted to lead the global market, with economies like Canada and the U.S. playing a major role in the industry. Europe acquires the second spot in the global market and is likely to retain its position in the coming years.

The Asia Pacific, on the other hand, is likely to expand at the fastest rate. The presence of a large patient population base, increasing initiatives by the government to increase awareness regarding regular check-ups and preventive care, improving healthcare infrastructure, and penetration of advanced clinical laboratory technologies are likely to contribute to the market growth in the region.

Competitive Dashboard

The top players operating in the clinical reference laboratories market include KingMed Diagnostics, Laboratory Corporation of America, Sonic HealthCare Limited, Aurora Diagnostics, Bioreference Laboratories, Synlab International GmbH, Clinical Reference Laboratory, Unilabs, Quest Diagnostics, ARUP Laboratories, and others.

Industry Updates

A worldwide leader in innovative laboratory R&D and national reference laboratory, ARUP Laboratories, along with Techcyte, have recently developed the world’s first AI-augmented parasite and ova detection equipment. This will enable reduced cost, faster turnaround times, improved patient care, and employee satisfaction.

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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.

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Ultra-Low Temperature Freezers Market Analysis, Development Trend and Investment Feasibility | Forecast to 2024

 Market Outlook

The global ultra-low temperature freezer market size is projected to reach USD 897.28 million by 2024. It can exhibit 3.20% CAGR from 2019 to 2024 (forecast period). Increased demand in blood banking storage and leaps in research and development are primary factors driving market growth. Expansion plans of pharmaceutical and biopharmaceutical companies in expanding its research can induce the demand for ULT freezers and refrigerators for storage of biological samples.

The scope in drug discovery and a slew of clinical trials for furthering research in disease prevention can work in favor of the global ultra-low temperature freezer market. Surgeries requiring rare blood and tissues for implants can spur the market demand. According to the report by National Center for Biotechnology of 2016, close to 40,829 hematopoietic stem cells transplant operations were performed across several European countries indicating the positive growth trajectory of the market during the forecast period.

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Segmentation Analysis

The global ultra-low temperature freezers market is segmented as type, end user, and region.

Based on type, the global market is divided into upright ULT freezers and chest ULT freezers. The former can register a CAGR of 3.30% during the forecast period

On the basis of end user, the global ultra-low temperature freezer market is segmented into bio-banks, hospitals and clinics, and academic & research institutes. The biobanks segment accounted for a market value of USD 341.89 million in 2018. It can register a CAGR of 3.40% during the assessment period due to donations by volunteers and accumulation of biological samples due to prevalence of chronic diseases. Hospitals & clinics were the second largest segment and touted to exhibit a CAGR of 3.29% during the forecast period.

Ultra-low temperature (ULT) freezers are medical devices used for the storage of biological samples of blood, sperm, cells, etc. These freezers are extensively used in blood banks, biomedical engineering facilities, hospitals, research institutes, and epidemic prevention services. They have operating temperatures between the range of -45 and -86 degree Celsius. The global ultra-low temperature freezer market report by Market Research Future (MRFR) contains its importance in biobanking and its future prospects for thep period between 2019 to 2024.

Competition Outlook

Arctiko, VWR International, Global Cooling Inc, BINDER GmbH, Labcold, Helmer scientific, Stirling Ultracold, Eppendorf AG., Esco Micro Pte Ltd., PHC Corporation, Thermo Fisher Scientific Inc., and others are prime players of the ultra-low temperature freezer market.

 

Regional Analysis

The global ultra-low temperature freezers market, based on region, is segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas are expected to dominate the global market till 2024 due to large number of healthcare providers and demand for large storage solutions. Strides in biobanking and efforts by hospitals to lower energy consumption can bode well for the regional demand. The growth is facilitated by players such as Panasonic Healthcare which have launched freezers with high operational functions and low power consumption. The region can accrue revenues at 3.30% CAGR during the forecast period.

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Europe follows the Americas in ranking driven by measures taken by pharmaceutical companies for preservation of biological samples. Inclination towards bio banking and cord blood banking are expected to drive the regional demand exponentially. Europe had a valuation of USD 208.06 million in 2017. It can exhibit a CAGR of 3.14% during the forecast period.

APAC, on the other hand, is expected to experience a robust growth rate due to investments in healthcare infrastructure and subsidies provided to pharmaceutical and biopharmaceutical companies for drug development. Lastly, the MEA has limited growth owing to low awareness levels.

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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.

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Healthcare IoT Security Market Analysis, Growth Impact and Demand By Regions Till 2027

 Market Potential and Pitfalls

IoT is extensively being adopted by top healthcare organizations to improve the operational efficiency and patient health management of the organizations. With the use of IoT, reliability, cost efficiency, and better health management of the patients can be achieved. The utilization of wearables and mHealth is increasing at a rapid pace. IoT security will play a major role in the protection of big data communicated and collected from several smart devices to the patients and healthcare providers. Such factors are considered to promote the growth of healthcare IoT security market.

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The market’s course is chiefly directed by the surging data privacy and security concerns among the consumers. With the rising number of healthcare IoT security services due to the extensive proliferation of cybercrimes in the healthcare sector, the market is considered to flourish. Individuals are also using several types of networked devices to gather knowledge regarding their daily regime and health. Home monitoring for the geriatric population catering to medical adherence and medical emergencies has become easy with the help of smart pills mHealth applications. These factors are estimated to favor the market growth in the coming years.

On the contrary, along with the rewards of IoT, concerns associated with privacy, and security of the patient healthcare data are predicted to curb the growth of the market. Pacemakers, mobile and wearable devices, insulin pumps, and other systems in the IoT create access for the hackers. Such factors are likely to restrict the growth of the market in the coming years.

Market Synopsis

As per a detailed analysis by Market Research Future (MRFR), the global healthcare IoT security market is predicted to garner a stellar CAGR of 40% during the forecast period (2016-2021). IoT in healthcare is likely to revolutionize the industry and enhance patient care as new technologies impact crucial health services. Internet of Things (IoT) can be defined as the inter-networking of infrastructure and smart devices comprising buildings embedded with software, electronics, sensors, actuators, and network connectivity which assists these objects to collect and exchange data with minimum human interference.

Regional Frontiers

Geographically, the healthcare IoT security market spans across America, Asia Pacific, Europe, and Rest-of-the-World (RoW).

Considering the global scenario, the Americas are predicted to command the largest share in the global market. In this region, North America is predicted to acquire the largest share due to the augmenting adoption of healthcare IT solutions, along with the high availability of sophisticated infrastructure in the region. The presence of developed nations like Canada and the U.S. is likely to boost the growth of the regional market. These economies have highly invested in R&D activities, which influences the development of innovative technologies.

The Asia Pacific region is estimated to exhibit the fastest rate during the assessment period. The growth cam is ascribed to the increased investments by the medical devices and pharmaceutical companies. The surging adoption of advanced technologies has further contributed to the growth of the regional market. Due to the health management of the surging geriatric population, the adoption of IoT has increased, where security becomes a primary factor.

Industry Updates

healthcare IoT security market intelligence organization which identifies the top companies, products, and technologies in the digital health and medical technology market, MedTech Breakthrough, has recently unveiled the results of their 2019 MedTech Breakthrough Awards program. The results showcase companies and technologies driving innovation in health and medical-related technology solutions.

Global Healthcare IOT Security Market: Segmental Analysis

The healthcare IoT security market is segmented on the basis of devices, solutions, and services.

By mode of devices, the healthcare IoT security market is segmented into IoT stationary medical devices, real-time health monitoring devices, IoT smart devices, and IoT ingestible devices.

Based on solutions, the healthcare IoT security market is segmented into end-point security, network security, application security, content security, and cloud security.

The services segment comprises risk assessment services, consulting services, managed security services, design & integration services, and others.

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Competitive Dashboard

The prominent players dominating the global healthcare IoT security market comprises IBM Corporation (U.S.), Inside Secure SA (France), Intel Corporation (U.S.), Cisco Systems, Inc. (U.S.), Sophos Ltd. (U.K.), Oracle Corporation (U.S.), 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.

Contact:

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Market Research Future

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Intraoperative Neurophysiological Monitoring Market Insights, Overview, Trends By 2024

 Industry Updates:

In December 2017, NuVasive acquired SafePassafe, a privately held services provider in the intraoperative neurophysiological monitoring market. This is expected to further strengthen the former’s intraoperative neurophysiological monitoring product line.

Regional Analysis:

The global intraoperative neurophysiological monitoring market is segmented into North America, Europe, Asia Pacific, and the Middle East and Africa on the basis of region.

North America held a global market share of 65% in 2015 and is likely to remain the leading player in the global intraoperative neurophysiological monitoring market over the forecast period. This is mainly due to the growing healthcare expenditure in the region, allied to incessant government efforts to improve and update the healthcare sector in countries such as the U.S. and Canada. The growing need for spinal surgeries in the region is also likely to remain a major driver for the intraoperative neurophysiological monitoring market in North America over the forecast period. A majority of the leading players in the intraoperative neurophysiological monitoring market are also situated in the U.S., which lends credence to the regional market’s claim to being the strongest mover in the global intraoperative neurophysiological monitoring market.

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Asia Pacific is expected to exhibit the fastest growth in the global intraoperative neurophysiological monitoring market over the forecast period due to the growing efforts by governments as well as private-sector hospitals to remain up to date with the latest in medical innovation. Increasing efforts by governments in countries such as China, India, Australia, Thailand, Korea, and Japan to improve their respective healthcare sector could play a key role in the growth of the intraoperative neurophysiological monitoring market in Asia Pacific over the forecast period. The growing commercial importance of medical tourism in Asia Pacific countries such as India and Thailand is also likely to drive the intraoperative neurophysiological monitoring market in the region over the forecast period. The Asia Pacific intraoperative neurophysiological monitoring market is expected to exhibit a robust CAGR of 9.3% over the forecast period.

Segmentation:

The global intraoperative neurophysiological monitoring market is segmented on the basis of type, procedure, method, source, and region.

By type, the global intraoperative neurophysiological monitoring market is segmented into EEG, EMG, evoked potentials, and others. The EEG (electroencephalography) segment is likely to remain the dominant force in the global intraoperative neurophysiological monitoring market over the forecast period, having taken up a share of around 60% in the global market in 2015.

By procedure, the global intraoperative neurophysiological monitoring market is segmented into spinal, neurovascular, orthopedic, otolaryngology, urology, and others.

By method, the global intraoperative neurophysiological monitoring market is segmented into noninvasive, minimally invasive, and invasive.

By source, the global intraoperative neurophysiological monitoring market is segmented into in-house, outsourced, and telehealth.

Competitive Analysis:

The global intraoperative neurophysiological monitoring market is reasonably fragmented, with no player claiming a majority share. Leading players in the intraoperative neurophysiological monitoring market include NuVasive, Medtronic, Argos Neuromonitoring LP, Computational Diagnostics Inc., Sentient Medical Systems, EMOTIV, Cadwell Laboratories Inc., Accurate Monitoring LLC, Medsurant Holdings, and others.

Overview

Market Research Future (MRFR) has announced a new release on the global intraoperative neurophysiological monitoring market. The report estimates the global intraoperative neurophysiological monitoring market to exhibit a solid CAGR of 8.9% over the forecast period from 2016 to 2027. The global intraoperative neurophysiological monitoring market was valued at USD 1.1 billion in 2015.

Intraoperative neurophysiological monitoring, as the name suggests, refers to processes and equipment used to monitor the function of neural pathways during surgeries. This helps the surgeons keep a check on the health of neural pathways, cutting the risk of unintended damage. High-risk operations involving the peripheral nervous system, orthopedics, and vascular system are usually accompanied by intraoperative neurophysiological monitoring, as the risk of damage is relatively high in these operations. Intraoperative neurophysiological monitoring has developed fairly recently. However, it has quickly become widely adopted in the healthcare sector, particularly in developing countries, due to the benefits it presents in terms of reducing the risk of unintended complications in surgeries.

The rising demand for surgical procedures involving the spine or the cranial structures is likely to be a major driver for the global intraoperative neurophysiological monitoring market over the forecast period. The increasing occurrence of trauma injuries is thus likely to be a major factor working in favor of the intraoperative neurophysiological monitoring market. Consistent technological advancement in the field of cranial surgeries and the increasing eagerness among surgeons to adopt the latest processes and devices to make surgeries safer and more effective is also likely to be a major driver for the global intraoperative neurophysiological monitoring market over the forecast period.

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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.

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Market Research Future

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Stroke Post Processing Software Market Analysis, Landscape and Growth Prospects To 2027

 Key Findings of the Study

The Global Stroke Post Processing Software Market Share is projected to reach USD 1,294.24 million by 2024 at a CAGR of 6.48% during the review period from 2019 to 2024.

Europe accounted for the largest share of the global market due to the focus of major players in the region.

The hospitals & clinics segment accounted for the largest end user segment, with a revenue of USD 89 million in 2018.

Stroke Post Processing Software Market Players

Market Research Future (MRFR) recognizes the following companies as key players in the global Stroke Post Processing Software Market that include Brainomix (UK), Viz.ai, Inc. (US), iSchemaView, Inc. (US), General Electric Company (US), Koninklijke Philips NV (Netherlands), and Siemens (Germany).

Stroke Post Processing Software Market Segmentation

The global Stroke Post Processing Software Market by installation, has been segmented into the desktop, mobile phones, and tablets. By modality, the market has been segregated into CT Scan and MRI. Based on type, the market has been divided into the ischemic stroke, hemorrhagic stroke, and others. Based on the end user, the global stroke post processing software market has been classified as hospitals & clinics, specialty centers, and others. The hospitals and clinics segment accounted for a value of USD 479.89 million in 2018.

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Stroke Post Processing Software Market Overview

The collaborations between start-up companies & big market players in the industry, increasing burden of ischemic strokes, and growth in the geriatric population are likely to contribute to the growth of the market during the assessment period. For instance, in January 2019, iSchemaView and NeuroLogica, a subsidiary of Samsung Electronics Co., Ltd and leader in medical imaging technology, collaborated to integrate iSchemaView’s RAPID cerebrovascular imaging platform with NeuroLogica’s portable CereTom CT scanners for use in MSUs and ICUs across the globe. However, stringent regulatory policies is likely to restrain the market growth during the forecast period.

This research report provides insights, on various levels of analysis, such as industry analysis, Stroke Post Processing Software Market share analysis, leading market players, and their profiles. This report also helps in studying the target segments by providing views on emerging and high-growth segments and market conclusion. Together the market data comprises and discusses basic assessments on the competitive scenarios and strategies of the global stroke post processing software market, including the high-growth regions and their political, economic, and technological environments. Furthermore, the project report also provides views over historical market values as well as pricing and cost analysis of the same.

The Global Stroke Post Processing Software Market is expected to register a CAGR of 6.48% during the forecast period, with a market value of USD 898.87 Million in 2018. A stroke can be defined as the lack of blood flow to brain tissues and can occur in any vascular structure within the brain.

Stroke Post Processing Software Market Regional Analysis

Americas showed a considerable amount of growth in the Stroke Post Processing Software Market due to the presence of an established healthcare system and two major stroke post processing software companies in the US, namely Viz.ai, Inc. and iSchemaView, Inc. Asia-Pacific is estimated to be the fastest-growing region in the global market due to the presence of some rapidly developing economies. Also, the availability of scientific expertise in Asia-Pacific is likely to contribute to market growth. The large patient pool for heart diseases in Asia-Pacific creates additional opportunities for market growth. Japan held a share of 28.5% in the Asia-Pacific stroke post processing software market in. Also, the market in the Middle East & Africa is expected to demonstrate slow growth.

Geographically, the global stroke post processing software market has been categorized as Europe, the Americas, Asia-Pacific, and the Middle East & Africa. Europe is expected to hold the largest share of the global stroke post processing software market. This is due to the presence of a well-developed healthcare infrastructure. Moreover, European companies offering stroke post processing software are getting involved in collaborations, mergers, and product launches to gain substantial market share, which in turn is positively affecting market growth.

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