Venous Blood Collection Devices Market Size, Growth and Regional Forecast to 2027
Venous blood collection devices are used to collect sample from patients. Venous blood collection devices include needles, holders, collection tubes, and other devices. As per an in-depth research study published by Market Research Future (MRFR), the global venous blood collection devices market is estimated to post a CAGR of 9.3% over the forecast period of 2017-2023.
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Substantial improvements made by medical device manufacturers towards safer blood collection. Advances in safety features and greater emphasis on the prevention of injury and reduction of bloodborne pathogen exposure fuel the growth of the global venous blood collection devices market. Moreover, medical device manufacturers are endeavoring towards product improvement and are diversifying their product portfolios as a growth strategy which also acts as a plus for the growth of the market. Crucial advancements include the introduction of plastic tubes, protective sliding needle shields, automatically retracting lancets, and winged-needle blood collection sets.
Chronic diseases are spreading at a brisk pace which has exerted massive burden on the healthcare sector. Screening for diseases induces high demand for diagnostic services which, in turn, triggers growth within the global venous blood collection devices market. Other factors which can accelerate the market growth include surging health & wellness awareness among the global populace, the rise in disposable income, and high healthcare expenditure.
On the flip side, venous blood collection devices are associated with the risk of needlestick injuries, contamination risks which can restrict the market growth. Additionally, pricing pressure on medical device manufacturers and substandard products from local medical device manufacturers can also undermine the growth of the market.
Venous Blood Collection Devices Market Segmentation
The global venous blood collection devices market has been segmented based on type, material, application, and end user.
By type, the global venous blood collection devices market has been segmented into blood collection tubes, needles, microfluidic system, vacuum blood collection system, micro-container tubes, micro-hematocrit tubes, warming devices, and others. Other venous blood collection devices include venous cannula and blood bags. The blood collection tube segment has been further segmented into plasma separation tube, heparin tube, serum separating tube, EDTA tube, and others.
By material, the global blood collection devices market has been segmented into plastic, glass, stainless steel, ceramic, and others.
By application, the global venous blood collection devices market has been segmented into vein blood gas sampling and intraoperative blood salvage. The vein blood gas sampling segment has been further segmented into diagnosis of disease and acid-base status monitoring.
By end user, the global venous blood collection devices market has been segmented into hospitals and clinics, blood donation centers, the point of care, diagnostic centers, and others.
Venous Blood Collection Devices Market Regional Analysis
By region, the global venous blood collection devices market has been segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas is spearheading the global venous blood collection devices market. Rapid adoption of new surgical techniques and instruments within the healthcare sector in the region are substantiating the growth of the market. High demand for screening services coupled with high healthcare expenditure is driving the market growth. Moreover, greater awareness among consumers and favorable reimbursement landscape support the growth of the market.
Europe ranks second in the global venous blood collection devices market. High-income population and deep healthcare penetration in the region are favoring the growth of the market in Europe.
The expanding healthcare sector in the developing countries such as China and India generate high demand for venous blood collection devices in APAC. The rise in the geriatric population, the prevalence of chronic diseases which require screening services and increased demand for advanced blood sampling techniques are propelling the growth of the APAC venous blood collection devices market.
The MEA market is estimated to expand at a steady pace over the forecast period. Accelerated development of the healthcare sector and awareness programs launched by the government towards safe blood transfusion procedures are triggering growth within the MEA market.
Competitive Landscape
The key players in the global venous blood collection devices market include SanLI (Myanmar.), KHB (U.S.), Allegro Medical Supplies Inc. (Scrip Products Corporation) (U.S.), Bio-Rad Laboratories, Inc. (U.S), Kabe Labortechnik GmbH (Germany), NIPRO Medical Corporation (Japan), Qiagen NV (Netherlands), Sarstedt AG & Co (U.S.), Fisher Scientific (Thermo Fisher Scientific Inc.) (U.S.), Greiner Bio One International GmbH (Greiner Group) (Austria), Becton, Dickinson and Company (U.S), Terumo Medical Corporation (Japan), Medtronic Plc (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Radiometer Medical ApS (Danaher Corporation/ Danrad ApS) (Denmark), Improve Medical Technology Co. Ltd. (U.S.), Sekisui Chemical Co., Ltd. (Japan), Hongyu Medical (China), Narang Medical (India), Vital Diagnostice (ELITech Group) (U.S.), Zhejiang Gongdong Medical Technology Co., Ltd. (China), CDRICH (China), Biosigma (U.S.), Soya Green Tec Co., Ltd. (South Korea), and F.L. Medical (Italy).
Industry Updates
March 2019- Becton Dickinson & Co., a medical technology company, announced that the US FDA had granted pre-market approval for its new Venovo stent. The new device is ideally suited for the treatment of iliofemoral occlusive disease and specially designed to address the challenges associated with venous lesions.
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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 Components, Application, Logistics 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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Magarpatta Road, Hadapsar,
Pune – 411028
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NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
Urgent Care Apps Market Research and Development Analysis Report (COVID-19 Impact Analysis) 2016-2027
Urgent Care Apps Market Overview
Market Research Future (MRFR) perceives the market to advance at a remarkable CAGR of 42.20% over the forecast period and acquire USD 2597.8 Mn by the end of 2023.
Market Dynamics
The growing awareness of the loopholes of the current distribution system for healthcare, along with the general movement towards personalized medicine, has had a far-reaching impact on the development of the global demand for emergency care applications. Apps for urgent care have been a way of reducing lengthy wait times and high ER rates. They will, however, greatly reduce healthcare costs and serve as a catalyst for patient interaction. The massive popularity of emergency care software can be attributed to the ubiquity of software, fueled by the deep penetration of tablets, computers, and smartphones. A sufficient number of smartphone users render their mobile devices essential for health-related or medical information to be sought.
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However, inadequate internet access and low penetration of smartphones and 3G/4G networks in underdeveloped regions have hindered the development of urgent care applications in those regions. The growth of the industry remains a problem for a vast number of miscategorized applications.
In addition, the growth in the number of mobile users, the increase in internet usage, the increase in the usage of smartphones, the increase in 3G and 4G innovations, the increase in spending by different organisations to develop healthcare and network connectivity, and the growing demand for cost-effective and user-friendly technology are driving the development of different markets for emergency service applications. While healthcare technologies such as emergency response applications have yet to enter the mainstream, in the modern healthcare environment, they are considered an innovation. Growing knowledge of health management apps creates opportunities for business expansion.
Urgent Care Apps Market Segmental Analysis
The Global Urgent Care Apps Market size has been segmented based on type and clinical area.
By type, the urgent care apps market has been segmented into emergency care triage apps, in-hospital communication & collaboration apps, and post-hospital apps. The segment of post-hospital apps has been further segmented into medication management apps, communication & collaboration apps for care providers, and rehabilitation apps.
The global market for urgent care apps has been segmented into trauma, stroke, cardiac conditions, and others by clinical area. Because of the increasing incidence of road accidents, the trauma segment is the largest segment that requires trauma care and increased awareness by healthcare organizations to address trauma. Leading to the incremental awareness of the advantages of urgent care applications in the treatment of serious cardiac problems, the section of cardiac conditions is projected to be the fastest growing segment. However, over the estimated span, the stroke segment is predicted to emerge at a substantial growth rate.
Urgent Care Apps Market Regional Analysis
The Americas, Europe, Asia Pacific, and the Middle East & Africa are the key markets for urgent care apps.
North America, led by North America, is a major market for urgent care applications. The demand in North America is growing with deep penetration of smartphones and 3G and 4G networks along with increasing healthcare costs and the persistent need to tackle the same. In addition, the area continues to respond rapidly to new technology that further boost the expansion of the demand for emergency care applications. Some of the main factors leading to market growth in the area are the increasing acceptance of digital technologies in healthcare, the existence of well-established healthcare networks, and strong smartphone penetration. Other driving forces include raising awareness about customized healthcare and rising emphasis. In addition, increasing the production and implementation of advanced and sophisticated digital technologies, the presence in the area of a vast number of players operating across sectors such as mobile and network operations, and high costs associated with in-patient treatment further contribute to market growth.
The rise of the European market can be attributed solely to rising government policies to encourage such applications and to an immense need to reduce healthcare costs. The main markets in Europe are Germany, Italy, France, Spain, and the UK.
The Asia Pacific demand for urgent care applications is predicted to expand steadily in the coming years. Growing mobile penetration in Asia Pacific's developing economies, combined with growing knowledge of healthcare management applications, can be certified for the growth of the Asia Pacific emergency care apps industry. Any of the key drivers projected to push the demand in the region are the increasing number of government programs, the investments by non-profit organisations and private businesses to promote the adoption of urgent care applications for effective knowledge sharing, increased patient experience, improved treatment quality, cost savings, and easy service.
Urgent Care Apps Market Competitive Landscape
Some of the prominent players operating in the global urgent care apps market include Forward Health, Pivot Design Group, Johnson & Johnson, Twiage, Siilo, Alayacare, PatientSafe Solutions, Vocera Communications, Hospify, Argusoft, Voalte, Pulsara, Imprivata, Allm, and TigerConnect.
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LIST OF TABLES
Table 1 Global Urgent Care Apps Market Synopsis, 2018–2023
Table 2 Global Urgent Care Apps Market Estimates And Forecast, 2018–2023, (USD Million)
Table 3 Global Urgent Care Apps Market, By Region, 2018–2023, (USD Million)
Table 4 Global Urgent Care Apps Market, By Type, 2018–2023, (USD Million)
Table 5 Global Urgent Care Apps Market, By Clinical Area, 2018–2023, (USD Million)
Table 6 North America Global Urgent Care Apps Market, By Type, 2018–2023, (USD Million)
Table 7 North America Global Urgent Care Apps Market, By Clinical Area, 2018–2023, (USD Million)
Table 8 US Urgent Care Apps Market, By Type, 2018–2023, (USD Million)
Table 9 US Urgent Care Apps Market, By Technology, 2018–2023, (USD Million)
Table 10 US Urgent Care Apps Market, By Clinical Area, 2018–2023, (USD Million)
Continued….
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation For Global Urgent Care Apps Market
Figure 3 Segmentation Market Dynamics For Global Urgent Care Apps Market
Figure 4 Global Urgent Care Apps Market Share, By Type 2017
Figure 5 Global Urgent Care Apps Market Share, By Clinical Area, 2017
Figure 6 Global Urgent Care Apps Market Share, By Region, 2017
Figure 7 North America Urgent Care Apps Market Share, By Country, 2017
Figure 8 Europe Urgent Care Apps Market Share, By Country, 2017
Figure 9 Asia Pacific Urgent Care Apps Market Share, By Country, 2017
Figure 10 Middle East & Africa Urgent Care Apps Market Share, By Country, 2017
Continued….
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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 Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Blog: https://healthcarenews12.blogspot.com/
Venous Blood Collection Devices Market Analysis, Innovation Trends and Current Business Trends by 2027
Venous blood collection devices are used to collect sample from patients. Venous blood collection devices include needles, holders, collection tubes, and other devices. As per an in-depth research study published by Market Research Future (MRFR), the global venous blood collection devices market is estimated to post a CAGR of 9.3% over the forecast period of 2017-2023.
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Substantial improvements made by medical device manufacturers towards safer blood collection. Advances in safety features and greater emphasis on the prevention of injury and reduction of bloodborne pathogen exposure fuel the growth of the global venous blood collection devices market. Moreover, medical device manufacturers are endeavoring towards product improvement and are diversifying their product portfolios as a growth strategy which also acts as a plus for the growth of the market. Crucial advancements include the introduction of plastic tubes, protective sliding needle shields, automatically retracting lancets, and winged-needle blood collection sets.
Chronic diseases are spreading at a brisk pace which has exerted massive burden on the healthcare sector. Screening for diseases induces high demand for diagnostic services which, in turn, triggers growth within the global venous blood collection devices market. Other factors which can accelerate the market growth include surging health & wellness awareness among the global populace, the rise in disposable income, and high healthcare expenditure.
On the flip side, venous blood collection devices are associated with the risk of needlestick injuries, contamination risks which can restrict the market growth. Additionally, pricing pressure on medical device manufacturers and substandard products from local medical device manufacturers can also undermine the growth of the market.
Venous Blood Collection Devices Market Segmentation
The global venous blood collection devices market has been segmented based on type, material, application, and end user.
By type, the global venous blood collection devices market has been segmented into blood collection tubes, needles, microfluidic system, vacuum blood collection system, micro-container tubes, micro-hematocrit tubes, warming devices, and others. Other venous blood collection devices include venous cannula and blood bags. The blood collection tube segment has been further segmented into plasma separation tube, heparin tube, serum separating tube, EDTA tube, and others.
By material, the global blood collection devices market has been segmented into plastic, glass, stainless steel, ceramic, and others.
By application, the global venous blood collection devices market has been segmented into vein blood gas sampling and intraoperative blood salvage. The vein blood gas sampling segment has been further segmented into diagnosis of disease and acid-base status monitoring.
By end user, the global venous blood collection devices market has been segmented into hospitals and clinics, blood donation centers, the point of care, diagnostic centers, and others.
Venous Blood Collection Devices Market Regional Analysis
By region, the global venous blood collection devices market has been segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas is spearheading the global venous blood collection devices market. Rapid adoption of new surgical techniques and instruments within the healthcare sector in the region are substantiating the growth of the market. High demand for screening services coupled with high healthcare expenditure is driving the market growth. Moreover, greater awareness among consumers and favorable reimbursement landscape support the growth of the market.
Europe ranks second in the global venous blood collection devices market. High-income population and deep healthcare penetration in the region are favoring the growth of the market in Europe.
The expanding healthcare sector in the developing countries such as China and India generate high demand for venous blood collection devices in APAC. The rise in the geriatric population, the prevalence of chronic diseases which require screening services and increased demand for advanced blood sampling techniques are propelling the growth of the APAC venous blood collection devices market.
The MEA market is estimated to expand at a steady pace over the forecast period. Accelerated development of the healthcare sector and awareness programs launched by the government towards safe blood transfusion procedures are triggering growth within the MEA market.
Competitive Landscape
The key players in the global venous blood collection devices market Size include SanLI (Myanmar.), KHB (U.S.), Allegro Medical Supplies Inc. (Scrip Products Corporation) (U.S.), Bio-Rad Laboratories, Inc. (U.S), Kabe Labortechnik GmbH (Germany), NIPRO Medical Corporation (Japan), Qiagen NV (Netherlands), Sarstedt AG & Co (U.S.), Fisher Scientific (Thermo Fisher Scientific Inc.) (U.S.), Greiner Bio One International GmbH (Greiner Group) (Austria), Becton, Dickinson and Company (U.S), Terumo Medical Corporation (Japan), Medtronic Plc (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Radiometer Medical ApS (Danaher Corporation/ Danrad ApS) (Denmark), Improve Medical Technology Co. Ltd. (U.S.), Sekisui Chemical Co., Ltd. (Japan), Hongyu Medical (China), Narang Medical (India), Vital Diagnostice (ELITech Group) (U.S.), Zhejiang Gongdong Medical Technology Co., Ltd. (China), CDRICH (China), Biosigma (U.S.), Soya Green Tec Co., Ltd. (South Korea), and F.L. Medical (Italy).
Industry Updates
March 2019- Becton Dickinson & Co., a medical technology company, announced that the US FDA had granted pre-market approval for its new Venovo stent. The new device is ideally suited for the treatment of iliofemoral occlusive disease and specially designed to address the challenges associated with venous lesions.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/venous-blood-collection-devices-market-5761
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 Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
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Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
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NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
Medical Imaging Market Report 2020- Global Size, Share, Research Methodology, Key Vendors Analysis, Growth Factors, Emerging Trends, Development Status and Industry Expansion Strategies 2027
Overview:
The global medical imaging market is showing a great possibility of reaching USD 45,719.65 million by 2025, with a CAGR of 6.52% during the forecast period of 2019 to 2025. Market Research Future (MRFR) reveals factors that can be effective in taking the global market ahead.
These factors are the hike in diagnosis process to determine better treatment routes at an early stage, better inclusion rate of latest products, hike in investment to boost research and development sector, growing demand from developing countries where the healthcare sector is getting revamped, increasing competition among players to develop better products and edge out others, government initiatives, and others. These can contribute to the development of strategies and increase the revenues for the market.
However, the price of these products is high, which might restrain the market in poor economies.
Segmentation:
The global medical imaging market share has been studied by MRFR experts on the basis of application, modality, and end user. The market report has revealed several growth-inducing factors that can help in developing strategies that will be backed by various factors and figures.
By modality, the global study of the medical imaging market is getting backed by segments like magnetic resonance imaging (MRI), computed tomography (CT), ultrasound systems, x-ray systems, and nuclear imaging.
By application, the global report on the medical imaging market has been segmented on the basis of oncology, neurology, cardiology, and others. Demand for better diagnostic support from all these industries has boosted the growth of the market.
By end user, the global study on the medical imaging market depends on the segmentation that includes diagnostic centers, academic institutes, hospitals and clinics, and research organizations. The hospitals & clinics segment would score well due to their superlative infrastructures.
Regional Analysis:
North America would dominate the global market in terms of generating revenues as countries like the US and Canada are pushing the market forward by increasing their investment. In Europe, the same is happening with countries like France, Germany, the UK, Italy, and others boosting the regional market. In Asia Pacific, Japan, China, India, and others are making the most of the contribution.
Competitive Landscape:
The global market for medical imaging is benefiting from the strategic routes adopted by companies like Canon Medical Systems Corporation (Japan), Carestream Health (US), Siemens AG (Germany), Analogic Corporation (US), General Electric Company (US), Esaote S.p.A (Italy), CMR Naviscan (US), Hologic, Inc. (US), Medtronic PLC (Ireland), FUJIFILM Holdings Corporation (Japan), Hitachi Ltd (Japan), Shenzhen Mindray Bio-Medical Electronics Co., Ltd (China), Samsung (South Korea), Koninklijke Philips N.V., Shimadzu Corporation (Japan), and others. These companies have strategies that encompass mergers, acquisitions, collaborations, product launching, innovations, better investment policies for research and development, and others as major growth-inducing factors. MRFR records the changes in the global market to know how the market may chart the course to stay abreast and profit in the coming years.
Industry News:
Cerebriu, a Danish medical technology provider, recently announced the launch of their Cerebriu Apollo. This technology is a software solution aimed at providing clinical support using accelerated and personalized diagnostic medical imaging. It gets backing from the machine learning that helps in reading MRI images after their scanning is done and detects potential issues like a tumor or signs of a stroke. Once it identifies the issue, it notifies the practitioner who can then treat the patient on the basis of needed protocols and other things.
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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 Components, Application, Logistics 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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Clinical Nutrition Market In-Depth Analysis With Current Trends And Future Estimations up to 2027
Clinical nutrition is targeted at patients ranging from infancy to old age and assisting them with their dietary habits. It covers dietary information for patients with chronic conditions, grievous injuries, and counseling for healthier lifestyles. The global clinical nutrition market report covers the latest trends and opportunities for the period of 2017 to 2027 (forecast period). The impact of the COVID-19 pandemic has been taken into consideration for estimating the scope of the market.
Market Scope
The global clinical nutrition market Size is expected to attain an overwhelming demand over the forecast period owing to the rise in health consciousness among the populace. Awareness of chronic diseases, rising number of cases, and a large geriatric populace are other drivers of the market. The loss of appetite in the elderly and low intake of necessary foods can trigger the need for clinical nutrition. Their susceptibility to diseases can favor the market even further.
The large cases of malnourishment are also touted to drive the market growth. As per a 2017 report by WHO, there are close to 15 million premature births globally. The impact of the COVID-19 pandemic on the industry is huge owing to vital supplements and medicines being in short supply due to lockdowns imposed in nations. Rising number of cases of obesity and diabetes is one of the prime factors fueling market growth prospects.
But strict regulations pertaining to approval can hamper market growth.
Regional Analysis
North America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA) are regions covered in the global clinical nutrition market.
APAC is expected to dominate the market owing to number of premature births and rising awareness of clinical products. The large disposable income levels of consumers, the growing workforce of women, and urbanization can fuel the regional clinical nutrition market. Presence of nutritionists and dieticians and a large populace of the elderly can bode well for the market.
North America accounted for 23.1% market share in 2017. Large healthcare burden and awareness of clinical nutrition in the U.S. can augur favorably for the market. The high birth rate and sales of infant formulas are evidence of the large potential of the market. In addition, the manufacture of suitable products by nutritional manufacturers, food programs, and focus on elderly care can be lucrative avenues for the market to expand.
Segmentation
The global clinical nutrition market is segmented by product. By product, it is segmented into parenteral nutrition, enteral nutrition, and infant nutrition. Infant nutrition is expected to gain a major share of the market till the end of the forecast period. The cases of malnourished children in developing economies are an indicator of the large potential of the market. Awareness programs aimed at educating the masses can foster the growth of the segment as well.
Enteral nutrition is further divided into standard and chronic illness, while parenteral nutrition is segmented into probiotic/prebiotic, soy based, milk based, organic, and others. Within the parenteral nutrition segment, the milk-based segment is expected to fetch huge revenues for the market.
Competition Outlook
Fresenius Kabi AG, GroupeDanone, B. Braun Melsungen AG, Abbott Laboratories, Perrigo Company Plc, Hospira, Inc, Baxter International, Inc, Nestlé S.A, and Mead Johnson Nutrition Company are key players of the global clinical nutrition market.
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 Components, Application, Logistics 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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Maharashtra, India
+1 646 845 9312
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NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
Global Compression Therapy Market Focus On Revolutionary Healthcare Technology
Market Insight
Market reports associated to healthcare industry recently have been published by Market Research Future states that global compression therapy market is anticipated to display a CAGR growth of 5.2% during the forecast period. The market also gained a valuation of USD 2600 million in 2017, which is also expected to increase by the forecast period.
Compression therapy is being increasingly incorporated in medical organizations for medicating pain cause in legs. The therapy is practiced evenly over a painful area with the help of compression therapy tools, that are made to worn in forms such as shin sleeves, elbow sleeves, and even masks. Increase in the use of this therapy is paving ways for the market to proliferate.
Market Drivers & Trends
The global compression therapy is majorly driven by rising cases of arthritis that is common among people in the recent generation. Relatively increasing case of sports injuries and accidents have contributed to the growth of market size considerably. Other factors such as technological advancements in compression therapy, presence of a large population of patients and raising awareness regarding the benefits are also anticipated to propel the growth of the global compression therapy market over the forecast period.
Other factors include regular training of the product to physicians that helps them to understand better about the product, and use of fancy garment for the production of stockings and bandages are growing the market size considerably over the approaching years.
On the flip side, factors such as lack of information about the indication of disease among the patients and inadequate reimbursement for compression therapy products from government health infrastructures in developed countries is expected to slow down the growth of the global compression market in the forecast period.
Market Segmentation
The global compression therapy market has been segmented on the basis of technique, product, application, and region.
In terms of technique, the market is segmented into static compression therapy and dynamic compression therapy.
In terms of product, the market has been segmented into compression garments, compression pumps, and compression braces. Further, the compression garments segment is classified as compression stockings, compression bandages & wraps, and others.
In terms of application, the market is segmented into varicose vein treatment, deep vein thrombosis treatment, lymphedema treatment, leg ulcer treatment, and others.
Regional Outlook
In the current study, the global compression market is covered into top regions that are the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
The significant share of the market is controlled by the Americas owing to the presence of major market players and developed economies like the US and Canada. In this region, SIGVARIS launched diabetic compression socks in 2015 in consideration to provide maximum therapeutic relief for diabetic patients. Apart from this, according to the data proposed by the Centers for Disease Control and Prevention (CDC), approximately 54.4 million US adults had arthritis, rheumatoid arthritis, gout, lupus, or fibromyalgia from 2013-2015. It is also projected that an estimated 78 million US adults are projected to have doctor-diagnosed arthritis, by 2040.
In the European region, the global compression therapy market stood at the second position in 2017, which was accredited to the mounting research and development investments. According to the 2018 study available in the Burns & Trauma journal, venous ulcers were recorded to be a common chronic problem in many countries especially in Northern Europe where overall prevalence of this condition was 1%-3% in the population above 65 years of age.
In the Asia Pacific, the market for compression therapy was the fastest in 2017 due to the growing healthcare sector, increasing the entry of the market players, and increasing healthcare expenditure. According to the data proposed by the Australian Institute of Health and Welfare, Australia spent almost USD 181 billion on health in 2016–2017. On the other way, the Middle East and Africa recorded to have the minimum share in the global compression therapy market owing to the low per capita income in the African region.
Key Players
The market players that are a part of the global compression therapy market are 3M, Medtronic PLC, Bio Compression Systems, Inc., BSN Medical, Medi GmbH & Co. Kg, Paul Hartmann AG, Smith & Nephew PLC., Cardinal Health, Inc., Sigvaris, Sanyleg S.R.L., Tactile Medical, Convatec Inc., DJO Global Inc., Getinge AB, Juzo and others.
NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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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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Market Research Future
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Biosimilars Market Share 2020: Applications, Types and Growing Trends in Market, Gross Margin and Market Share 2027
Market Overview:
Biosimilars are biologic medical products that are highly similar to the existing biologic medicines which are complex molecules or mixture of molecules that may be composed of living materials. As per the report that has been recently published by Market Research Future (MRFR).
Market Drivers and Restraints:
Increasing consumer inclination towards biosimilars over generic medicine is majorly driving the global biosimilars market. The high demand for cheap medical products that provide similar result as that of the expensive ones and rise in prevalence of various acute and chronic diseases due to the changing lifestyle, food habits and biological factors are projected to be propelling the growth of the global biosimilars market in the coming years. However, lack of awareness regarding biosimilars and physician skepticism are the primary factors that are likely to hamper the growth of the global biosimilars market.
Market Segmentation:
The global biosimilars market Share has been segmented on the basis of product, application and manufacturing. Based on product, the biosimilars market is segmented into recombinant glycosylated proteins, recombinant non-glycosylated proteins and others. The recombinant glycosylated proteins segment includes monoclonal antibody (mAb) and EPO. The recombinant non-glycosylated proteins segment is sub-segmented into insulin, growth hormones and others. Based on application, the biosimilars market is segmented into immune diseases, oncology, blood related disorders and others. Based on manufacturing, the biosimilars market is segmented into contract manufacturing and in-house manufacturing.
Regional Analysis:
Geographically, the global biosimilars market has been segmented into four major regions such as North America, Asia Pacific, Europe and the Middle East and Africa. Among these, the Europe region is projecting dominance over the global biosimilars market owing to the rise in research and development activities in the healthcare sector and high healthcare expenditure by the population of this region. With respect to market size, the North America region stands second in the global biosimilars market. The high prevalence of chronic and acute diseases and easy adoption of advanced technology for diagnosis of these diseases in the well-developed healthcare sector is majorly driving the biosimilars market in the North America region. The biosimilars market in the Asia Pacific region is projecting significant growth owing to increasing demand for advanced diagnostic techniques and increasing prevalence of chronic diseases in this region.
Industry Updates:
In September 2018, Xbrane Biopharma, a biopharmaceutical company, has announced that the board of directors of Xbrane has decided to focus majority of company's development resources to biosimilars from generic drugs.
In September 2018, Pall, a leading provider of filtration, separation and purification solutions, has announced a strategic partnership of its Pall Biotech business unit and Aetos Biologics, a San Francisco based biosimilar cell-line development company. This collaboration focuses on biosimilar manufacturing solutions.
Key Players:
The prominent players profiled by MRFR in the report on the global biosimilars market are Pfizer Inc. (the U.S.), Teva Pharmaceuticals Industries Ltd. (Israel), Sandoz International GmbH (Germany), Celltrion, Inc. (South Korea), Astra Zeneca (the UK), Amgen Inc. (the U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), Biocon Ltd. (India), Dr. Reddy’s Laboratories Ltd. (India), Novartis (Switzerland), Accord Healthcare (the U.K.), Eli Lilly (the U.S.) and Samsung Bioepis (South Korea).
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