Rohini Chaudhari

  • Allergy Diagnostics Market Trends and Growth Factors Analysis

    The demand within the global market for allergy diagnostics has been rising on account of the growing culture of dust mites, bacterial agents, and other allergens, finds Transparency Market Research (TMR). The presence of a humongous number of vendors in the global allergy diagnostics market has generated new opportunities for market growth. The competitive landscape of the global allergy diagnostics market displays a picture of cutthroat competition. This is because a large population suffers from various kinds of injuries, and market vendors are aiming to capitalise on this huge consumer base. It is expected that a large number of vendors within the global allergy diagnostics market would resort to the use of inbound marketing tactics to gain a competitive edge.

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    The global market for allergy diagnostics is expected to witness new mergers in the forthcoming years. This projection is based on the apparent benefits that the vendors could reap through collaboration and alliances. Furthermore, the market for allergy diagnostics shall become increasingly fragmented as new vendors make their way into the market. Some of the key vendors in the global allergy diagnostics market are Quest Diagnostics Inc., Omega Diagnostics Group Plc., Stallergenes Greer, and BioMerieux. These vendors in the global allergy diagnostics market are making serious efforts to manufacture improved products.

    Transparency Market Research (TMR) predicts that the global allergy diagnostics market would expand at a stellar CAGR of 12.80% over the period ranging from 2016 to 2024.The total value of the global allergy diagnostics market is expected to reach US$3.8 bn by the end of 2024. On the basis of product, the market for assay kits has been rising at a stellar rate in recent times. Based on regions, the market for allergy diagnostics in North America is expected to grow at a robust rate in the years to come.

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    Growing Incidence of Dust-Induced Allergies

    Several factors could trigger allergies in humans and animals, making it important to have a swift anti-allergic mechanism. This factor has played s key role in the growth of the global allergy diagnostics market. Medical practitioners have asserted that allergies could be the cause several other chronic diseases, and there is a dire need to find a strong avert mechanism for allergic bodied. This factor has also created a plethora of growth opportunities within the global market for allergy diagnostics. The rising levels of pollution are also projected to aid the growth of the global allergy diagnostics market.

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    Availability of Improved Testing Technologies

    It is extremely important to find the root of an allergy, and the subsequent allergen that has caused it. Hence, the demand for diagnostics tests for allergies has been rising at a stellar pace in recent times. The presence of an expansive sector for in-vitro tests has also played a vital role in the growth of the global allergy diagnostics market. Academic research centers have emerged as key consumers of allergy diagnostic product. This factor has also emerged as a strong propeller of demand within the global allergy diagnostics market in recent times.

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    Cardiac Arrest Treatment Market –

    https://www.prnewswire.com/news-releases/increasing-lifestyle-based-disorders-to-pave-way-for-strong-growth-of-global-cardiac-arrest-treatment-market-market-to-show-4-4-cagr-during-2019-to-2027--finds-tmr-301001793.html

    Pharmacy Repackaging Systems Market –

    https://www.biospace.com/article/pharmacy-repackaging-systems-market-automated-blister-card-compliance-packaging-systems-to-be-highly-lucrative-segment/


  • Tuberculosis Testing Market - Major Factors Driving the Industry

    For players to stay ahead of competition within the global tuberculosis testing market, Transparency Market Research (TMR) has observed that strategic mergers and acquisitions have become the path. Mergers and acquisitions are helping companies to reach to newer markets as well as benefit from enhanced product portfolio. The betterment of products is becoming an important objective of leading companies for retaining their strong hold in the market. Leveraging on opportunities offered by government for conducting research on tuberculosis testing, players within the global tuberculosis testing market are growing.

    Leading players within the market are: Hain Lifescience GmbH, Danaher Corporation, Thermo Fisher Scientific Inc., Epistem plc, Oxford Immunotec Ltd, Hologic Inc., Becton, F. Hoffmann-La Roche Ltd., Abbott Laboratories, QIAGEN, Akonni Biosystems Inc., Creative Diagnostics, Alere Inc., Cepheid, bioMérieux SA, and LIONEX Diagnostics & Therapeutics GmbH.

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    Market for Tuberculosis Testing

    As per a report by Transparency Market Research, the global tuberculosis testing market is anticipated to be worth US$3.18 bn by 2025, expanding at a mere 3.9% CAGR between 2017 and 2025. By geography, the market is led by Asia Pacific, which is estimated to expand at a 4.9% CAGR from 2017 to 2025. On the basis of type, the market is led by the culture based tests is leading and is likely to continue to do so throughout the forecast period on account of the ability to accurately diagnose and confirm active tuberculosis.

    Hospital Laboratories and Physician's Office Laboratories Generating High Demands for Tuberculosis Testing

    On the basis of end users, the market generates maximum revenues from the hospital laboratories market. The cost effective tests offered by hospital laboratories is the reason behind the leading status of this segment. The physician's office laboratories segment is also a key end user segment.

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    Efforts by Government and Non-Governmental Organizations to Spread Awareness Regarding Tuberculosis Meets Success

    As per the WHO, 10.4 mn new cases of tuberculosis had been registered in 2015. 56% of these cases comprised of men. The growing incidences of this disease is boding well for the growth of the global tuberculosis testing market. The market also benefits from the increasing awareness among the masses spread through constant efforts by governments and non-governmental organizations. Governments are also offering fee waivers and tax credits.

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    Viral Vector & Plasmid DNA Manufacturing Market –

    https://www.prnewswire.com/news-releases/global-viral-vector--plasmid-dna-manufacturing-market-to-chart-23-3-cagr-from-2019-to-2027-transparency-market-research-301000176.html

    Organ Preservation Solutions Market –

    https://www.biospace.com/article/organ-preservation-solutions-market-hypothermic-perfusion-preservation-technique-to-be-highly-lucrative-segment/


  • Heart Valve Devices Market Key Players, Industry Overview and Forecast Analysis

    The global heart valve devices market features a fairly fragmented landscape, notes Transparency Market Research (TMR). This can be attributed to the presence of several players with global presence in the heart valve devices market. A growing number of players are capitalizing on emerging opportunities from the strides made by healthcare systems. In addition, several players are focusing on unveiling technologically-improved products to consolidate their positions in the heart valve devices market. Top players are likely to focus more on better medical services to garner stronghold in the global heart valve devices market. Growing number of strategic partnerships and acquisitions by prominent companies has upped the ante in the market.

    Some of the key players operating in the global heart valve devices market are TTK HealthCare, Medtronic, Boston Scientific Corporation, CryoLife, Inc., JenaValve Technology, Inc., and JenaValve Technology, Inc.

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    The global heart valve devices market stood at US$5.8 bn in 2016 and the market is projected to touch a valuation of US$16.2 bn by the end of 2025. The market is projected to rise at an impressive CAGR of 12.40% during 2017–2025.

    Regionally, Asia Pacific is expected to rise at the most attractive CAGR of 13.3% during 2017–2025. The rapidly expansion in the regional market for heart valve devices rides on the back of constantly improving healthcare infrastructures and rising incidence of various heart valve diseases.

    Among the different types of heart valve devices, transcatheter type presently accounts for the major share in the global heart valve devices market. The segment is likely to retain its lead in the coming few years as well. The growth is propelled by the vast uptake in developed markets and the effectiveness of the devices in reducing the mortality rate in patients.

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    Inclination toward Less Invasive Treatment Approaches for Complex Heart Disorders boosting Market

    The global demand for heart valve devices is driven by the rising incidence of various heart diseases, especially coronary heart disease that makes for substantial mortality in patients with cardiovascular heart diseases. Growing inclination toward less invasive treatment approaches for complex heart disorders, notably mitral regurgitation, is boosting the market.

    The strides in the heart valve devices market is propelled by ceaseless advances in therapeutics pertaining to mitral valve repair techniques. The constant flux of new devices that are unveiled in the heart valve devices market contributes to constant stream of revenues for companies. Moreover, with technological advancements heart valve devices have risen in efficacy, functionality, and safety. The advent of functional mechanical designs is a case in point. One of the potentially favorable development in the heart valve devices market is rising acceptance rate of transcatheter mitral valve devices in high-risk patient, especially in countries with developed infrastructure.

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    Emerging economies are expected to play an increasingly significant role in the future growth trajectories of the heart valve devices market in the near future. The growth will be supported by rapid advances being made in their healthcare systems. A great deal of progress in the healthcare infrastructure is undoubtedly supported by initiatives by governments and a favorable reimbursement scenario.

    However, developing markets still face the lack of affordability of heart valve devices. Moreover, technologically-advanced heart valve devices have still not made wide commercialization in several emerging economies. Nevertheless, these markets will witness positive changes from the rapid technological advances in their healthcare sectors. In addition, the dynamic evolution in the valve technologies by medical device manufacturers in the regions will create new avenues over the forecast period.

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    Lithotripsy Device Market –

    https://www.prnewswire.com/news-releases/increasing-prevalence-of-kidney-stones-to-drive-growth-of-global-lithotripsy-device-market-to-valuation-worth-us0-98-bn-by-2026-end-transparency-market-research-301003584.html

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  • Medical Specialty Bags Market - SWOT Analysis of Major Industry Segments

    A new research study that has been presented by Transparency Market Research states that the global market for medical specialty bags is likely to observe a promising strong competition among the players over the next few years. The high development of the healthcare infrastructure and the rising efforts to enhance the patient experience are some of the main factors that are estimated to ensure the development of the overall market in the coming years. The key players in the market are expected to focus on innovations and advancements, which will ensure a high growth of the market in the coming years. In addition to this, the players are anticipated to target at emerging nations, which are likely to enhance the market growth in the near future. The key players operating in the medical specialty bags market across the globe are Macopharma Terumo Corporation, Coloplast A/S, Baxter International Inc., Hollister Incorporated, Smiths Medical, ConvaTec Inc., Medlone Industries Inc., and Nolato AB.

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    As per the market study by TMR, the global market for medical specialty bags is anticipated to reach a value of US$9,833.9 mn by 2025. The market is further estimated to register a healthy 5.0% CAGR from 2017 to 2025. In terms of regional segmentation, the medical specialty bags in North America is anticipated to account for a huge share of the market. This region is likely to register a promising growth rate in the coming years, owing to the presence of a well-established and advanced healthcare infrastructure. The developing economies across Asia Pacific are expected to offer lucrative opportunities for the market players, thus accelerating the growth in the coming years.

    Increasing Cases of Chronic Disorders to Propel Medical Specialty Bags Market

    The rising geriatric population and the growing demand for consumer-focused products and services are the key factors that are anticipated to boost the development of the overall market in the next few years. The rising incidence of chronic diseases and the growing cases of post-surgery complications are estimated to accelerate the development of the medical specialty bags over the coming years. In addition to this, the development of new products and the rising research activities for the enhancements of the products are further anticipated to enhance the market growth in the coming years.

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    Furthermore, the rising number of applications of specialty bags and the rising awareness among consumers related to the importance of safe healthcare environment and hygiene in order to reduce the chances of infections are further projected to ensure the growth of the overall market in the next few years. As per the study, several new players are anticipated to enter the market in the coming years, which will create substantial growth opportunities across the globe.

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    Lack of Consumers Awareness to Curtail Market Growth

    The global market for medical specialty bags, on the other hand, is estimated to face a few challenges, which may inhibit the market growth. The easy availability of alternatives and the lack of consumer awareness in underdeveloped nations are expected to curb the development of the global medical specialty bags market in the coming years. Nevertheless, the private and public organizations, along with the key players in the market are making notable efforts to create an awareness among people, which is expected to work in a positive way for the growth of the market in the near future.

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    Cardiac Arrest Treatment Market –

    https://www.prnewswire.com/news-releases/increasing-lifestyle-based-disorders-to-pave-way-for-strong-growth-of-global-cardiac-arrest-treatment-market-market-to-show-4-4-cagr-during-2019-to-2027--finds-tmr-301001793.html

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  • Bone Grafts and Substitutes Market - Brief Analysis by Top Key Players

    Transparency Market Research (TMR) has published a new report titled ‘Bone Grafts and Substitutes Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ According to the report, the global bone grafts and substitutes market was valued at US$ 2.7 Bn in 2017. It is projected to expand at a CAGR of 4.3% from 2018 to 2026. Factors such as rapid technological changes from autografts to allografts and penetration of synthetic and tissue-engineered bone grafts are propelling the growth of the bone grafts and substitutes market. Moreover, an increase in demand from customers and rise in industry standards are spurring the global bone grafts and substitutes market. North America and Europe are projected to dominate the global bone grafts and substitutes market, owing to a higher rate of adoption of and awareness regarding bone grafts and substitute products. Asia Pacific, Latin America, and Middle East & Africa are regions with high potential for the bone grafts and substitutes market. The market in Asia Pacific is expected to expand at a CAGR of 5.0 % from 2018 to 2026.

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    Cost-effective Bone Grafts and Substitutes That Treat Complex Disorders to Drive Global Market

    Increase in the number of cases of various bone disorders across the globe drives the bone grafts and substitutes market. According to the International Osteoporosis Foundation, the global incidence of fractures is anticipated to increase by 240% in women and 310% in men by 2050. This is likely to increase the number of bone graft surgery procedures, consequently propelling the global bone grafts and substitutes market. Based on product, the global bone grafts and substitutes market has been categorized into allografts, synthetic bone grafts, and xenografts. The allograft segment has been further divided into demineralized bone matrix (DBM) and others.

    Ceramic-based Bone Grafts and Substitutes to be a Highly Lucrative Segment

    In terms of material, ceramic-based is an emerging segment of the bone grafts and substitutes market. The segment is likely to hold a major market share, due to a rise in the adoption of technologically advanced products by surgeons. The cell-based segment is likely to expand at a significant CAGR. This is because cell-based assays are relatively easy to use, reproducible, inexpensive, and do not involve the suffering of animals. Moreover, cell-based bone graft substitutes are easily adopted by body and have shown potential results.

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    Hospitals to be a Promising Segment

    In terms of end-user, the global bone grafts and substitutes market has been categorized into hospitals, orthopedic clinics, and others. The hospitals segment held a major share of the global market in 2017. Expansion of the segment can be attributed to the availability of multiple service options and devices and tie-ups with health care companies in order to enhance health care products and service offerings. Moreover, hospitals are the preferred choice for patients due to the availability of advanced technology and better health care services. The orthopedic clinics segment is expanding at a high growth rate, especially in developed economies, due to a rise in the geriatric population and the development of health care infrastructure and support. A rise in demand for bone grafts and substitutes in orthopedic clinics during medical emergencies is projected to drive the segment.

    North America Expected to Dominate the Global Market

    In terms of region, the global bone grafts and substitutes market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global bone grafts and substitutes market in 2017. In terms of revenue, the market in North America was valued at US$ 1.6 Bn in 2017.This is due to a highly developed health care sector, increase in awareness among health care providers about bone grafts and substitutes, and continuous evolution of bone grafts and substitutes. This region offers significant opportunity to the bone grafts and substitutes market.

    The market in Asia Pacific is anticipated to expand at a CAGR of 5.0% during the forecast period. The market in Asia Pacific is likely to be driven by factors such as a rise in the ability of patients to pay for treatment, increase in medical tourism due to low cost of synthetic bone grafts in the region, and a rapidly increasing geriatric population. Moreover, expansion of the health care sector in countries such as China, Japan, and India offers significant potential to the market in the region. Additionally, technological advancements and increase in the rate of adoption of bone grafts and substitutes products are expected to propel the market in the region during the forecast period.

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    GE Healthcare and Koninklijke Philips N.V. Anticipated to Lead the Global Market

    The global bone grafts and substitutes market is highly fragmented. A number of players provide different products. Key players in the global bone grafts and substitutes market include AlloSource, DePuy Synthes, Integra LifeSciences, NuVasive, Inc., Stryker, Wright Medical Group N.V., XTANT MEDICAL, Zimmer Biomet, Baxter Healthcare Corporation, and Medtronic. Expansion of the product portfolio through mergers and acquisitions is a key strategy followed by several global players.

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    Portable Oxygen Concentrators Market –

    https://www.prnewswire.com/news-releases/high-prevalence-of-copd-driving-growth-in-portable-oxygen-concentrators-market-over-2018-2026-transparency-market-research-301005842.html

    Negative-pressure Wound Therapy (NPWT) Devices Market –

    https://www.biospace.com/article/negative-pressure-wound-therapy-npwt-devices-market-product-launches-by-key-players-and-patent-approvals-to-boost-market/


  • Vascular Access Devices Market Segments, Leading Player, Application & Forecast Analysis

    The global market for vascular access devices features a highly consolidated vendor landscape wherein a handful of established players hold leading marjet share. In this scenario, key players have locked horns with each other to render stiff competition in the market. Top five players, namely C.R. Bard, B. Braun Melsungen AG, Fresenius Medical Care, Teleflex Inc., and Dickinson, Becton, and Company collectively held 72.0% of the market in 2015. The solid grounding of aforementioned companies poses hindrance for new companies to establish in the vascular access devices market. Moreover, established players are focusing on technological advances that will help them further consolidate their position.

    As per a report by Transparency Market Research (TMR), the global vascular access devices market is estimated to increase from a valuation of US$5.1 bn in 2015 to US$8.6 bn by 2024 end. If the figure holds true, the vascular access devices market is foreseen to clock a steady 5.4% CAGR between 2016 and 2024. Depending on product type, peripheral catheters are projected to lead the vascular access devices market; the segment is predicted to rise at a whopping 60.30% CAGR between 2016 and 2024. By application, the vascular access devices market is classified into administration of fluids and nutritional compounds, diagnostic testing, medication administration, and transfusion of blood products. Region-wise, North America is at the fore in the vascular access devices market. Monumental efforts by governments in the region for modernization of healthcare is key to the growth of this regional market.

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    Fuels Demand

    Changing lifestyle in several parts of the world are associated with chronic diseases such as obesity, cardiac diseases, and diabetes. This has necessitated adoption of technologically advanced equipment for disease diagnosis and therapeutics. This has been instrumental in the growth of vascular access devices market.

    In addition, favorable reimbursement scenario for using expensive therapeutics and advanced equipment has created stupendous demand for specialty equipment such as vascular access devices. Hospitals and healthcare centers predominantly in developed countries have brought about reforms in their fundamental organizational and infrastructural setup, which in turn has resulted in installation of hi-tech therapeutic equipment. Healthcare practitioners in these regions also possess necessary skill and knowledge to handle complex therapeutic equipment. These factors are favoring the vascular access devices market.

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    Involvement of International Organizations to Improve Healthcare Facilities World over Benefits Market

    Across the world, the healthcare sector is undergoing transformation and expansion. Advancement of healthcare facilities in several parts of the world which includes installation of hi-tech diagnostic and therapeutic equipment is increasingly gaining traction. Private healthcare agencies, international organizations, as well as national governments are striving to improve healthcare facilities across the world. Installation of hi-tech equipment for disease diagnosis and therapeutics is on the healthcare development agenda of governments especially in developing countries. Initiatives undertaken by private healthcare organizations for improvement of healthcare facilities is also favoring the adoption of hi-tech healthcare equipment in developing countries.

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    On the contrary, high cost of equipment and lack of expert personnel to handle vascular access devices restricts their adoption mostly to developed countries.

    The review presented is based on the findings of a TMR report, titled “Vascular Access Devices Market (Product Type - Peripheral Catheters (PIV and Midline), Central Catheters (PICC, CVC, Dialysis, and Implantable Ports), and Accessories; Application - Medication Administration, Administration of Fluid & Nutrition, Transfusion of Blood Products, and Diagnostic Testing; Route of Insertion - Subcutaneous and Intravenous; End-users - Hospitals, Clinics, Ambulatory Surgery Centers, and Diagnostic Centers) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”

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    Arthritis Therapeutics Market –

    https://www.prnewswire.com/news-releases/global-arthritis-therapeutics-market-to-grow-at-over-6-annually-to-reach-usd-72-billion-valuation-by-2027-transparency-market-research-300997527.html

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  • Ultrasound Devices Market: Pin-Point Analysis for Changing Competitive Dynamics

    Transparency Market Research (TMR) has published a new report titled, “Ultrasound Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global ultrasound devices market was valued at US$ 6.5 Bn in 2017. It is projected to expand at a CAGR of 5.6% from 2018 to 2026. Surge in incidence of various disorders such as cardiovascular diseases, respiratory, and abdominal disorders cases is anticipated to boost the demand for ultrasound devices during the forecast period. North America and Europe are projected to dominate the global ultrasound devices market owing to higher rate of adoption and awareness regarding ultrasound devices. Asia Pacific, Latin America, and Middle East & Africa are potential markets for ultrasound devices. The market in Asia Pacific is expected to expand at a CAGR of 6.2% from 2018 to 2026.

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    Cost-effective ultrasound devices to detect complex disorders to drive global market

    Increase in number of cases of various disorders, across the globe, drives the ultrasound devices market. According to the WHO, cardiovascular diseases accounted for an estimated 17.7 million deaths in 2015, representing 31% of all global deaths. Among these, an estimated 7.4 million were due to coronary heart disease, and 6.7 million were due to stroke. This is likely to increase the number of diagnostic procedures; consequently, propelling the global ultrasound devices market.

    Compact/Handheld ultrasound devices to be highly lucrative segment

    Compact/handheld ultrasound devices is an emerging segment of the ultrasound devices market. The compact/handheld ultrasound devices segment is likely to expand at a significant CAGR. Moreover, the trolley/cart-based ultrasound devices segment is likely to hold a major share due to technologically advanced product adopted by diagnostic centers. Moreover, increased adoption of portable ultrasound devices for point-of-care applications, it cannot outpace the trolley/cart based ultrasound devices, as they offer more accurate diagnostic capabilities and high performance.

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    Radiology/General imaging segment accounted for dominant share of global ultrasound devices market

    In terms of application, the global ultrasound devices market has been segmented into various applications. Radiology/general imaging is projected to be a highly attractive segment during the forecast period. Rising sophistication in diagnostic imaging platform, which enables emerging countries to provide 24X7 diagnostic services to its clients is likely to propel this segment during the forecast period.

    Diagnostic centers to be promising segment

    In terms of end-user, the global ultrasound devices market has been segregated into hospital & surgical centers, diagnostic centers, ambulatory surgical centers, and others. The diagnostic centers segment held a major share of the global market in 2017. Expansion of the segment can be attributed to the availability of multiple service options and devices and tie-ups with health care companies in order to enhance health care products and service offerings. Moreover, diagnostic centers are the preferred choice due to availability of advanced technology and better health care services. The hospital & surgical centers segment is expanding at a high growth rate, especially in developed economies, due to rise in geriatric population and increasing health care infrastructure and support. Moreover, rise in demand for ultrasound devices in ambulatory surgical centers during medical emergency is projected to drive the segment.

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    North America expected to dominate global market

    In terms of region, the global ultrasound devices market has been segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe dominated the global ultrasound devices market in 2017. In terms of revenue, the market in Europe was valued at US$ 2.1 Bn in 2017, owing to a highly developed health care sector, increase in awareness among health care providers about ultrasound devices, and continuous evolution of ultrasound devices. This region offers significant opportunity to the ultrasound devices market. The ultrasound devices market in Asia Pacific is anticipated to expand at a CAGR of 6.2% during the forecast period, due to increase in awareness about ultrasound devices for diagnostic and therapeutic. Moreover, expansion of the health care sector in countries such as China, Japan, and India offers immense potential in this region. Additionally, technological advancements and increase in rate of adoption of ultrasound devices products are expected to propel the market in the region during the forecast period.

    GE Healthcare and Koninklijke Philips N.V. anticipated to lead global market

    The global ultrasound devices market is highly fragmented in terms of number of players providing different products. Key players in the global ultrasound devices market include GE Healthcare, Koninklijke Philips N.V., Canon Medical Systems Corporation, Hitachi, Ltd., Siemens Healthineers, Mindray Medical International Limited, Samsung Medison Co., Ltd., Fujifilm Holdings Corporation, Esaote SpA, and Analogic Corporation. Expansion of product portfolio through mergers and acquisitions is a key strategy followed by several global players.

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    Viral Vector & Plasmid DNA Manufacturing Market –

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  • CBD Hemp Oil Market : Technological Growth Map with an Impact-Analysis

    The global CBD hemp oil market is likely to witness substantial growth owing o high incidences of chronic and infectious diseases worldwide. Augmented awareness about sleep disorders and depression together with increase in the healthcare-related expenditure is expected to foster growth of the global CBD hemp oil market in the years to come.

    Canopy Growth Corporation, CBD American Shaman, Aurora Cannabis Inc., Elixinol Global Limited, NuLeaf Naturals, and Endoca BV are few of the prominent companies that have been profiled in the global CBD hemp oil market.

    Transparency Market Research (TMR) has come up with an all-inclusive study on the global CBD hemp oil market, for the period 2018 to 2026. The report estimates that the global CBD hemp oil market is likely to expand at healthy rate of 11% CAGR. The market is likely to surpass US$ 2.5 Bn through 2026.

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    Prevalence of Chronic Diseases to Fuel Growth in Asia Pacific

    The Asia Pacific CBD hemp oil market is likely to display substantial growth due to increased per capita income of people. In addition, there has been a considerable rise in the prevalence of chronic diseases in the region. According to findings of World Health Organization, various chronic diseases like cancer, diabetes, and cardiovascular diseases claim nearly 8.5 Mn lives in Asia Pacific. CBD hemp oil is utilized extensively in alleviating chronic pain, which is likely to widen the scope of the global CBD hemp oil market in years to come.

    North America is expected to account for a sizeable share of the global CBD hemp oil market over the tenure of assessment, from 2018 to 2026. Advanced healthcare infrastructure together with acceptance of new, original ideas is likely to promote the expansion of the North America CBD hemp oil market in forthcoming years.

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    Rising Prevalence of Depression to Stoke up its Demand in the Market

    The global CBD Hemp oil market is expected to likely to witness substantial growth due to its increasing use in many medical applications. CBD hemp oil is used as a treatment of depression and anxiety, pain relief, heart health benefit, relief from symptoms of cancer, and acne reduction. In addition to that, meteoric rise in the healthcare spending across the globe is likely to encourage the penetration of CBD hemp oil in the forthcoming oil.

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    However, CBD hemp oil does not come with the capability of affecting the state of mind of a person but it does offer therapeutic benefits. Regulation of the body’s state of balance, stress relief, and other benefits are provided by CBD hemp oil. This oil assists in alleviation of pain of patients suffering from various diseases. It also helps in the betterment of the immune system of the body. Expanding pool of geriatric population with rising prevalence of various chronic diseases such as cancer, diabetes and others are fuelling growth of the global CBD Hemp oil market. In addition, considerable rise in the prevalence of depression amongst the younger generation is anticipated to propel growth of the market in near future.

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  • Smart Medical Imaging Solutions Market Estimated to Record Highest CAGR by 2027

    Smart Medical Imaging Solutions Market: Introduction

    • Integrating smart technology with medical imaging devices to detect various diseases by monitoring vital signs are known as smart imaging devices. These types of medical devices can collect invaluable additional data, provide extra insight into symptoms and trends, enable remote care, and offer patients more control over their lives and treatment.

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    • Internet-connected medical imaging devices monitor and diagnose patients in various ways. Companies are continuously investing in R&D to develop and launch new products with advanced technologies.
    • In 2018, Koninklijke Philips N.V. and Innovative Imaging Technologies (ITT) announced the development of their new product “tele-ultrasound” to allow clinicians to conduct two-way audio-video calls while streaming live ultrasound imaging. The tele-ultrasound system can be used by a smartphone or similar device. On a call, users have the option to speak directly with the physician by using the face camera, show the position of the ultrasound probe using the front-facing camera, or switch to a live stream of the ultrasound that both can view simultaneously.

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    Key Drivers and Restraints of Global Smart Medical Imaging Solutions Market

    • Continuous advancement in medical technology is driving the global smart medical imaging solutions market growth. The concept of connecting and monitoring medical imaging equipment via remote servers over the Internet offers various advantages. This remote connectivity has also allowed vendors to gain tremendous efficiencies in their maintenance and support functions by moving from an after-the-fact, break-and-fix service model to a proactive, preventative service model. Medical data can also be accessed from remote area for further diagnosis or treatment of diseases.
    • Major factor restraining the smart medical imaging solutions market growth is high deployment cost of connected medical devices and associated infrastructure

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    Magnetic Resonance Imaging (MRI) Modality Segment to Witness High Demand

    • Based on modality, the global smart medical imaging solutions market can be segmented into ultrasound, X-ray radiography, computed tomography, fluoroscopy & C arms, Magnetic Resonance Imaging (MRI), and others
    • Among modalities, the Magnetic Resonance Imaging (MRI) segment held the maximum share in 2018. The high growth of this modality segment can be attributed to the growing demand for early and accurate diagnosis, high adoption of MRI systems by hospitals and diagnostic centers across the globe, and advancements in technology.
    • Companies are also developing new technologies and products in all modality segments. In 2018, Esaote SPA launched Smart and Fast Ultrasound Systems for making better, faster, and more reliable decisions even during difficult situations.

    General Imaging Application Segment to Witness Steady Growth

    • Based on application, the global smart medical imaging solutions market can be divided into: cardiology, general imaging, vascular, oncology, neurology, and others
    • General imaging application segment will grow at a steady pace during the forecast period. In October 2019, Turner Imaging Systems received FDA 510(k) clearance for its Smart-C Mini-C Arm Portable Fluoroscopy and X-Ray Imaging Device.
    • Neurology segment held the maximum share of the global smart medical imaging solutions market in 2018. Rising cases of neuro diseases and advancements in diagnosis of these diseases are factors driving the neurology segment.

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    Smart Medical Imaging Solutions Market in Asia Pacific to Expand Rapidly

    • In terms of region, the global smart medical imaging solutions market can be divided into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
    • North America accounted for the largest share of the global smart medical imaging solutions market in 2018. However, this market in Asia Pacific market is estimated to grow at the highest CAGR during the forecast period primarily due to the improving health care infrastructure, rising investments in diagnostic imaging, improving reimbursement policies, and growing insurance coverage in several APAC countries.
    • Growth of the smart medical imaging solutions market in North America is majorly due to the rise in geriatric population and associated diseases, easy accessibility to diagnostic imaging modalities, and technological advancements

    Key Manufacturers Operating in Global Market

    The global smart medical imaging solutions market was highly fragmented in 2018. Key manufacturers operating in the global market are:

    • GE Healthcare
    • Koninklijke Philips N.V
    • Siemens Healthineers
    • Shimadzu Corporation
    • Esaote SPA
    • FUJIFILM Holdings Corporation
    • Turner Imaging Systems
    • Infinitt Healthcare Co, Ltd

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  • Smart Medical Imaging Solutions Market Estimated to Record Highest CAGR by 2027

    Smart Medical Imaging Solutions Market: Introduction

    • Integrating smart technology with medical imaging devices to detect various diseases by monitoring vital signs are known as smart imaging devices. These types of medical devices can collect invaluable additional data, provide extra insight into symptoms and trends, enable remote care, and offer patients more control over their lives and treatment.

    Report Overview @

    https://www.transparencymarketresearch.com/smart-medical-imaging-solutions-market.html

    • Internet-connected medical imaging devices monitor and diagnose patients in various ways. Companies are continuously investing in R&D to develop and launch new products with advanced technologies.
    • In 2018, Koninklijke Philips N.V. and Innovative Imaging Technologies (ITT) announced the development of their new product “tele-ultrasound” to allow clinicians to conduct two-way audio-video calls while streaming live ultrasound imaging. The tele-ultrasound system can be used by a smartphone or similar device. On a call, users have the option to speak directly with the physician by using the face camera, show the position of the ultrasound probe using the front-facing camera, or switch to a live stream of the ultrasound that both can view simultaneously.

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    Key Drivers and Restraints of Global Smart Medical Imaging Solutions Market

    • Continuous advancement in medical technology is driving the global smart medical imaging solutions market growth. The concept of connecting and monitoring medical imaging equipment via remote servers over the Internet offers various advantages. This remote connectivity has also allowed vendors to gain tremendous efficiencies in their maintenance and support functions by moving from an after-the-fact, break-and-fix service model to a proactive, preventative service model. Medical data can also be accessed from remote area for further diagnosis or treatment of diseases.
    • Major factor restraining the smart medical imaging solutions market growth is high deployment cost of connected medical devices and associated infrastructure

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    Magnetic Resonance Imaging (MRI) Modality Segment to Witness High Demand

    • Based on modality, the global smart medical imaging solutions market can be segmented into ultrasound, X-ray radiography, computed tomography, fluoroscopy & C arms, Magnetic Resonance Imaging (MRI), and others
    • Among modalities, the Magnetic Resonance Imaging (MRI) segment held the maximum share in 2018. The high growth of this modality segment can be attributed to the growing demand for early and accurate diagnosis, high adoption of MRI systems by hospitals and diagnostic centers across the globe, and advancements in technology.
    • Companies are also developing new technologies and products in all modality segments. In 2018, Esaote SPA launched Smart and Fast Ultrasound Systems for making better, faster, and more reliable decisions even during difficult situations.

    General Imaging Application Segment to Witness Steady Growth

    • Based on application, the global smart medical imaging solutions market can be divided into: cardiology, general imaging, vascular, oncology, neurology, and others
    • General imaging application segment will grow at a steady pace during the forecast period. In October 2019, Turner Imaging Systems received FDA 510(k) clearance for its Smart-C Mini-C Arm Portable Fluoroscopy and X-Ray Imaging Device.
    • Neurology segment held the maximum share of the global smart medical imaging solutions market in 2018. Rising cases of neuro diseases and advancements in diagnosis of these diseases are factors driving the neurology segment.

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    Smart Medical Imaging Solutions Market in Asia Pacific to Expand Rapidly

    • In terms of region, the global smart medical imaging solutions market can be divided into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
    • North America accounted for the largest share of the global smart medical imaging solutions market in 2018. However, this market in Asia Pacific market is estimated to grow at the highest CAGR during the forecast period primarily due to the improving health care infrastructure, rising investments in diagnostic imaging, improving reimbursement policies, and growing insurance coverage in several APAC countries.
    • Growth of the smart medical imaging solutions market in North America is majorly due to the rise in geriatric population and associated diseases, easy accessibility to diagnostic imaging modalities, and technological advancements

    Key Manufacturers Operating in Global Market

    The global smart medical imaging solutions market was highly fragmented in 2018. Key manufacturers operating in the global market are:

    • GE Healthcare
    • Koninklijke Philips N.V
    • Siemens Healthineers
    • Shimadzu Corporation
    • Esaote SPA
    • FUJIFILM Holdings Corporation
    • Turner Imaging Systems
    • Infinitt Healthcare Co, Ltd

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  • Bone Substitutes Market Growth Analysis up to 2027

    Bone Substitutes Market - Introduction

    Bone substitute is defined as a synthetic, biologically organic, or inorganic combination which is used in the treatment of bone defects. Various bone substitutes have been used in the past 50 years. Bone substitutes are primarily categorized into ceramics (TCP, hydroxyapatite, and calcium sulfate), bone grafts (xenograft, autograft, and allograft), and growth factors (PRP, DBM, BMPs). Ideal properties of a bone substitute include biocompatibility, thermally nonconductive, sterilizable, and should not evoke any adverse inflammatory response. Additionally, it should be osteoconductive, osteoinductive, and resorbable.

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    Bone substitutes are widely used in orthopedic surgeries for a number of applications. Bone grafting is the second most frequent tissue transplantation procedure performed across the world. Over two million bone graft procedures are performed every year, with more than 500,000 implanted in the U.S. alone. This is due to ease of use & handling, improved safety profiles, intraoperative cost & time advantages, and adaptability with a variety of clinical challenges.

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    Bone Substitutes Market – Competitive Landscape

    DePuy Synthes

    Founded in 1895, DePuy Synthes is headquartered in Warsaw, Indiana. The company is the part of the Johnson & Johnson Family of Companies. DePuy Synthes offers comprehensive portfolio of orthopaedic and neuro products and services for joint reconstruction, trauma, spine, sports medicine, neuro, cranio-maxillofacial, power tools and biomaterials.

    Medtronic

    Founded in 1949, Medtronic is a leading medical devices company engaged in the development, manufacturing, and marketing of products for alleviating pain and restoring normal health of patients

    The company operates through four business segments: cardiac & vascular group, minimally invasive therapies group, restorative therapies group, and diabetes group

    The Medtronic Orthopedic Solution offering products for total joint replacement is a part of company’s Spine division within the Restorative Therapies Group.

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    Zimmer Biomet

    Established in 1927, Zimmer Biomet is a one of the prominent player in the medical device market catering to customers present in musculoskeletal health care arena

    The company manufactures and markets orthopedic reconstructive products; sports medicine, biologics, extremities & trauma products; spine, bone healing, craniomaxillofacial & thoracic products; dental implants and related surgical products

    The company's offers its products to orthopedic surgeons; neurosurgeons; oral surgeons, dentists, hospitals, distributors, health care dealers and other specialists in orthopedic market

    Its products are used to treat injuries, bone, joint, and soft tissue disorders

    The company operates in more than 25 countries worldwide, and its products are distributed in more than a 100 countries through its wide distribution network

    Zimmer Biomet has over 8,000 patents related to technologies incorporated in its products.

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    Stryker

    Founded – 1941, Kalamazoo, U.S. Stryker is a global medical device company offering its products in orthopedic implants, trauma, and replacement surgeries; endoscopic and communication systems; emergency medical equipment and intensive care disposable products; surgical equipment and surgical navigation systems; and other products.

    The firm operates through three business segments: Orthopedics, MedSurg, and Neurotechnology and Spine. The orthopedic segment offers joint replacement products which includes brands like Mako Partial Knee, Mako Total Knee, and Restoris MCK

    As of December 2016, Stryker has registered over 2,184 U.S. patents and 3,454 international patents

    The company offers its medical devices to customer in hospitals and other health care facilities in the U.S. It also offers products through subsidiaries and branches and other third-party dealers and distributors in more than 100 countries.

    Bone Substitutes Market – Dynamics

    Increase in the number of cases of bone disorders across the world drives the global bone substitutes market

    According to the International Osteoporosis Foundation, the global incidence of fractures is anticipated to increase by 240% in women and 310% in men by 2050. Moreover, increase in the geriatric population, rise in research & development expenditure, and surge in awareness among end-users contribute to the growth of the global bone substitutes market. The market is expected to witness significant demand during the forecast period. However, risk associated with immune response and disease transmission are the major factors hampering the growth of the global bone substitutes market. Moreover, stringent regulatory framework and high cost are the other factors restraining the market. Furthermore, ethical issues associated with bone harvesting hampers the growth of the global bone substitutes market in some regions

    Asia Pacific to Remain a Forerunner in the Demand for Bone Substitutes

    The market in Asia Pacific is projected to expand at a high CAGR during the forecast period, driven by large patient pool, increase in government initiatives, and developing health care infrastructure in India and China. The market in Latin America and Middle East & Africa is anticipated to be driven by increase in investments by leading players in these regions and rise in prevalence of orthopedic diseases.

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  • In Vitro Toxicology Testing Market Growth Prospects, Trends and Forecast up to 2027

    In Vitro Toxicology Testing Market: Introduction

    • Toxicology or toxicity, also known as ‘the science of poisons,’ is a method of testing the opposing effects of any drug, chemical or other agent administered in the body. It, thus, analyses the adverse effects of various toxins on all living organisms.

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    • In vitro toxicology testing does not make use of whole animals or whole organisms. It rather uses tissue slices, isolated organs, cell lines isolated primary cell cultures, explants cultures, and subcellular fractions such that of mitochondria and membranes.
    • In vitro toxicology testing also helps in determining the drug safety profile at an early stage, thus saving a considerable amount of time and resource investment

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    Key Drivers and Restraints of Global In Vitro Toxicology Testing Market

    • Scientific concerns over animal experiments have been raised in the field of toxicology testing. It entails problems such as difference between various test animals and resultant effects of toxicants, characterization of actions of these toxins on different animals, and categorization of test animals on the basis of their biology and effects of toxins.
    • Animal testing has been in effect since long; however, the implementation of in vitro toxicology testing is an alternative to animal testing. It is effective and harmless as compared to animal testing.
    • In vitro toxicology is cost effective and growing ethical concerns worldwide are expected to drive the in vitro toxicology market during the forecast period. Pharmaceutical companies are, thus, increasingly shifting their focus from animal testing to in vitro toxicology testing.
    • Advantages of in vitro toxicology testing over traditional methods of animal testing in terms of quick turnaround time and better sample control will also help the global market to grow at a rapid rate
    • Opposition to animal testing will have a major impact on the in vitro toxicology testing market, as animal testing will be reduced to a large extent

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    Cellular Assay Technology Segment to Lead Global In Vitro Toxicology Testing Market

    • In terms of technology, the global in vitro toxicology testing market can be divided into cellular assay, biochemical assay, in silica, and ex-vivo
    • In the present scenario, cellular assay methods are widely used by industries in safety assessment, risk evaluation, and toxicity testing. The cellular assay method is mainly used to elucidate mechanisms of toxicity in a drug and its effect on a cell or a tissue.

    Pharmaceutical Industry Segment to Offer Growth Opportunities

    • Based on end-user, the global in vitro toxicology testing market can be categorized into cosmetics & household products, pharmaceutical industry, food industry, and chemicals industry
    • Pharmaceutical industry is estimated to be a highly lucrative segment. Pharmaceuticals play a major role in in vitro toxicology testing, as the test is to identify the toxicity of various chemical drugs and their effects on the human body. Chemicals are used in various products, which has a direct or indirect effect on the human body .Thus, in vitro toxicology can be useful in finding the toxic nature of such chemicals and their effects on the human body.

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    North America to Lead Global In Vitro Toxicology Testing Market

    • The global in vitro toxicology testing market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is a significant market for in vitro toxicology testing due to the presence of several key market players.
    • Substantial investments in research and development by various end-user segments in the region are anticipated to drive the global in vitro toxicology testing market in North America

    Key Players Operating in Global In Vitro Toxicology Testing Market

    Key players operating in the global in vitro toxicology testing market are:

    • Abbott Laboratories
    • Bio-Rad Laboratories, Inc.
    • Agilent Technologies, Inc.
    • Cyprotex
    • Charles River Laboratories, Inc.
    • Covance, Inc.
    • Thermo Fisher Scientific, Inc.

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  • Cardiac Stimulators Market Key Opportunities and Forecast up to 2027

    Cardiac Stimulators Market: Overview

    • Cardiac stimulators or pacemakers are devices that deliver electrical impulses through electrodes to increase heart rate to normal levels. These devices normalize the heart rate in patients suffering from arrhythmias, especially bradycardia.

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    • Cardiac stimulators are used in the treatment of abnormal heart rhythms caused by problems in the electrical conduction of the heart. Cardiac stimulators are primarily utilized during electrophysiological procedures in various settings including hospitals, surgical centers, operating rooms, and clinics.

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    Key Drivers of Global Cardiac Stimulators Market

    • Increase in the geriatric population and rise in prevalence of cardiac rhythm disorders such as atrial fibrillation or arrhythmia and bradycardia are the key factors projected to boost the global cardiac stimulators market in the next few years
    • According to the Centers for Disease Control and Prevention (CDC), an estimated 2.7 million to 6.1 million people in the U.S. are suffering from atrial fibrillation and the number is expected to reach 12.1 million by 2030. This is anticipated to increase the number of electrophysiological procedures and generate higher demand for cardiac stimulators in the near future.
    • According to Diagnostic and Interventional Cardiology, about 3 million people are living with pacemaker and approximately 600,000 pacemakers are implanted every year to treat bradycardia patients across the globe
    • Moreover, the baby boomer population susceptible to a range of heart rhythm disorders such as arrhythmia, bradycardia, and tachycardia has increased in the past few years. This, in turn, is expected to drive demand for cardiac stimulators market during the forecast period.

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    North America to Dominate Global Cardiac Stimulators Market

    • Rise in prevalence of cardiac rhythm disorders such as atrial fibrillation among the geriatric patients, increase in the number of cardiac procedures performed in the U.S., and favorable reimbursement scenario for cardiac surgeries are likely to propel demand for cardiac stimulators in the region.
    • According to the American Heart Association (AHA), more than 4 million individuals in the U.S. suffer from recurrent arrhythmias every year. This is projected to boost the growth of the market in North America.
    • The cardiac stimulators market in the U.K. is anticipated to grow at a rapid pace owing to rise in prevalence of cardiac arrhythmia and increase in the geriatric population. For instance, more than 1 million people are affected by cardiac arrhythmias in the country.
    • Large baby boomer population and rapid adoption of western lifestyle, which increases the risk of cardiac diseases in developing countries such as India and China are the key factors augmenting the cardiac stimulators market in Asia Pacific.

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    Key Players Operating in Global Cardiac Stimulators Market

    Major players operating in the global cardiac stimulators market are:

    • Boston Scientific Corporation
    • Osypka AG
    • GE Healthcare
    • Biotronik
    • Braille Biomedica
    • Lepu Medical Technology
    • Vitatron
    • Oscor
    • Sorin
    • Cameron Health

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  • Veterinary Infectious Disease Diagnostics Market Size, Analysis and Forecast up to 2027

    Veterinary Infectious Disease Diagnostics: Introduction

    • Veterinary infectious disease diagnostics are tests that help in determining and identifying various disorders in animals. These procedures are performed via various methods that utilize their blood, feces, and tissue samples.

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    • New methods and technologies that have been developed for human diagnostics are also utilized extensively in veterinary diagnostics. Various methods used in veterinary diagnostics include immunodiagnostics (lateral flow assays, ELISA, etc.), molecular diagnostics (polymerase chain reaction (PCR) tests, microarrays, etc.) and others.
    • Other methods used include indirect fluorescent antibody test (IFAT), complement fixation, agglutination, western blot, etc.

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    Key Drivers and Restraints of Global Veterinary Infectious Disease Diagnostics Market

    • Increase in prevalence of zoonotic diseases is anticipated to propel the market. A disease that spreads between animals and humans is termed as zoonotic disease. It can be caused by viruses, bacteria, parasites, and fungi. Scientists estimate that more than 6 in 10 infectious diseases in humans spread through animals. Transportation of goods and rapid movement of people have resulted in the introduction and creation of several novel vector species previously absent in some areas.
    • Prevalence of several zoonotic and vector-borne diseases is likely to increase in the near future as a result of changing social habits, habitat modification, exotic vector introductions, and climate change. Hence, the need for the development of rapid and precise diagnosis methods for the prevention of these diseases is anticipated to drive the veterinary infectious disease diagnostics market.
    • The global veterinary infectious disease diagnostics market continues to grow at a rapid pace. This growth can be witnessed in developed countries due to improved diagnostic and medical capabilities for companion animals. Technologically advanced diagnostic assays and techniques, such as RTPCR, are experiencing high market demand over conventional diagnosis products.

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    Immunodiagnostics Segment to Witness High Demand

    • Based on technology, the global veterinary infectious disease diagnostics market can be segmented into immunodiagnostics, molecular diagnostics, and other veterinary diagnostic technologies. Immunodiagnostics segment is further divided into lateral flow assays, ELISA tests, and other immunodiagnostic technologies.

    Immunodiagnostic segment accounted for the highest share of the veterinary infectious disease diagnostics market in 2018. This segment is expected to remain dominant during the forecast period. This dominance can be ascribed to the emergence of advanced diagnostic immunoassay formats and diagnostic platforms.

    Companion Animals Segment to Witness Significant Growth

    • In terms of animal type, the global veterinary infectious disease diagnostics market can be divided into companion animal and food producing animal
    • Companion animal segment generated the highest revenue in 2018 and is anticipated to witness growth during the forecast period. This can be attributed to the growing pet ownership in developed countries, increasing penetration of pet insurance, rising number of veterinary practitioners globally, and surge in animal disease control and disease prevention measures.

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    Reference Laboratories Segment to Dominate Global Market

    • On the basis of end-user, the global veterinary infectious disease diagnostics market can be classified into reference laboratories, veterinary hospitals & clinics, point-of-care/in-house testing, and research institutes & universities
    • Reference laboratories end-user segment led the global market in 2018. The significant share of this end-user segment can be attributed to the high number of samples received for analysis in reference laboratories from small and large animal practices.

    North America to Lead Global Veterinary Infectious Disease Diagnostics Market

    • In terms of region, the global veterinary infectious disease diagnostics market can be categorized into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
    • North America dominated the global veterinary infectious disease diagnostics market in 2018 and is expected to maintain its leading position during the forecast period. This dominance of the region can be attributed to increase in product offerings, presence of key market players in the region, and rise in affordability and demand for early diagnosis.
    • This market in Asia Pacific is projected to register the highest growth during the forecast period, owing to rise in adoption of pets, demand for infectious disease diagnostics in food-producing animals, and incidences of zoonotic diseases

    Key Manufacturers Operating in Global Market

    The global veterinary infectious disease diagnostics market was highly fragmented in 2018. Key manufacturers operating in the global market are:

    • Zoetis Inc.
    • IDEXX Laboratories, Inc.
    • Thermo Fisher Scientific, Inc.
    • QIAGEN N.V.
    • Neogen Corporation
    • Virbac
    • bioMérieux SA
    • IDVet
    • Randox Laboratories, Ltd.
    • Creative Diagnostics

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  • Bare Metal Stents market Shares, Strategies and Opportunities 2027

    Mesh-like tube of thin wire without coating is termed as bare-metal stent. Bare-metal stents (BMSs) made up of materials such as stainless steel, cobalt-chromium alloy, and platinum chromium alloy are used to overcome dissection and restenosis complications caused by recoil. Increase in incedence cases of coronary artery diseases and subsequent rise in the number of PCI procedures, surge in the development of bioresorbable stents, and technological advancement fuel the growth of the global bare-metal stents market.

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    In May 2014, Biosensors International Group, Ltd. launched next generation cobalt chromium bare-metal stent that offers exceptional deliverability, while retaining excellent radial strength and extremely low recoil. However, stringent regulatory approval process and post-operative complications are projected to hamper the growth of the global market.

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    Global Bare-metal Stents Market: Dynamics

    Rise in Cases of Coronary Heart Diseases Boosts Market Growth

    Coronary heart disease, among all other heart-related disorders, is one of the major causes of death in the U.S. Arteries that supply blood to heart become narrowed or hardened due to higher level of cholesterol or deposition of other materials called plaque in the inner wall in coronary heart disease. Coronary artery disease also weakens the heart muscles leading to heart failure and arrhythmias. According to the American Heart Association, nearly 836,546 deaths were caused in the U.S. in 2018, which is about 1 in every 3 deaths, due to cardiovascular diseases. According to American Heart Association report, coronary heart disease accounted for 43.8% deaths among all other cardiovascular diseases in the U.S. in 2018, followed by stroke, heart failure, high blood pressure, artery related diseases, and other cardiovascular diseases. Percutaneous coronary intervention (PCI) or coronary angioplasty/stenting is one of the surgical methods to treat coronary heart disorders. Unlike invasive procedures such as coronary artery bypass surgery (CABS), stenting is a minimally invasive technique and is being widely accepted by surgeons as well as patients.

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    Hence, rise in prevalence of cardiovascular diseases and increase in awareness about stenting procedures across the globe are projected to drive the global bare-metal stents market during the forecast period.

    Post-Operative Complications Hamper Market Growth

    Percutaneous coronary intervention (PCI) with stenting is a well-accepted procedure for the treatment of cardiovascular diseases. However, 15% to 30% of patients undergoing this surgery requires repeated revascularization. The most common stent associated complication is thrombosis, which leads to mortality and morbidity. Antiplatelet therapy is required in routine basis to prevent stent thrombosis after PCI with baremetal stents. According to studies and analysis, nearly 5% of patients with coronary stents need noncardiac surgery (NCS) within one year of PCI. Intravascular stent infection is another risk associated with PCI surgery with bare-metal stent. In few cases, this type of infection can be prevented with the use of prophylactic antibiotics at stent placement. Hence, few post-operative risks related to bare-metal stents is projected to restrain the market.

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    Global Bare-metal Stents Market - Competitive Landscape

    Major players operating in the global bare-metal stents market include Boston Scientific Corporation, Medtronic, B. Braun Melsungen AG, Biosensors International Group, Ltd, Hexacath,

    Meril Life Sciences Pvt. Ltd., Genoss Co., Ltd., ELLA-CS, s.r.o., eucatech AG, Andramed, and pfm medical ag.

    Boston Scientific Corporation

    Boston Scientific Corporation offers innovative medical devices for improving the health of patients across the world. The company has operations in over 40 countries, with commercial representation in more than 130 countries. It generates more than 55% sales from the U.S. alone. Boston Scientific Corporation operates through three business segments: medsurg, rhythm & neuro, and cardiovascular. The company’s REBEL platinum chromium stent system is a bare-metal stent used in coronary intervention. In 2018, the company announced agreement to acquire BTG plc, a leader in minimally invasive therapies, to enhance its portfolio in cancer and vascular diseases.

    Medtronic

    Founded in 1949 and headquartered in Dublin, Ireland, Medtronic is the world's leading medical technology and solution company. It generates majority of its sales and revenue from the U.S. Reportable business segments include cardiac & vascular group, minimally invasive therapies group, restorative therapies group, and diabetes group. Medtronic provides services to hospitals, clinicians, physicians, and patients in more than 150 countries. In July 2019, Medtronic entered into a partnership agreement with Viz.ai, an emerging company in applied intelligence in stroke care.

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  • Ocular Implants Market Size will Observe Lucrative Surge by the End 2027

    Ocular implants are defined as surgically implanted artificial devices used to restore sharpness of vision after enucleation, evisceration, or orbital exenteration. The size, shape, and power of ocular implants depend on individual patient. Various nonintegrated and integrated materials including hydroxyapatite, Medpor, and bio-ceramic are used for ocular implants. According to analysis and studies, porous integrated implants (hydroxyapatite) could show some risks and complications such as extrusion, dehiscence, or infections.

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    Presently, nanostructured biomaterials offer higher healing and proliferation rate at low price and less post surgical complications. Ocular implants also have applications in targeted and sustained drug delivery for treating ophthalmologic diseases ranging from glaucoma to diabetic retinopathy. Increase in incidence of ophthalmic diseases and constant rise in the geriatric population that is highly susceptible to eye disorders drive the global ocular implants market.

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    Global Ocular Implants Market: Dynamics

    Increase in Cases of Eye-related Disorders Boosts Market

    Eye-related disorders have emerged as potential threats to the populations in all middle-income and industrialized countries. Leading causes of vision impairment include uncorrected refractive errors, cataract, age-related macular degeneration, glaucoma, diabetic retinopathy, corneal opacity, and trachoma. Among these, cataract and uncorrected refractive errors are the most frequent and leading causes of blindness across the world. However, there is some variation in the causes across countries. Vision impairment due to cataract is higher in low- and middle-income countries than high-income countries, whereas diabetic retinopathy, glaucoma, and age-related macular degeneration are more common in industrialized countries. Age-related macular degeneration (AMD) ranks third among the global causes of visual impairment, with a blindness prevalence of 8.7%. However, it is the major and primary cause of visual impairment in developed countries.

    According to the World Health Organization, an estimated 1.3 billion people were living with some form of vision impairment globally in 2018. According to CDC report, nearly 20.5 million (17.2%) people in the U.S. aged 40 years and above have cataract in one or both eyes, and 6.1 million (5.1%) have had their lens removed operatively. The total number of people who have cataract is estimated to increase to 30.1 million by 2020.

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    Hence, increase in incidence of visual impairment across the globe are projected to drive the global ocular implants market during the forecast period.

    Significant Rise in Awareness about Diagnosis & Treatment of Eye Disorders to Boost Market

    Awareness about common eye disorders and their treatments can play an important role in encouraging patients to seek timely eye care, and thereby, help in reducing the burden of visual impairment. Rise in prevalence of diabetes and obesity could increase the number of people with vision impairment. Governments are taking initiatives by conducting various health education programs to spread awareness about preventing these diseases and their available treatments. For example, VISION 2020: The Right to Sight was launched in 1999 with the aim of reducing the burden of avoidable blindness in the world, especially in developing countries such as India.

    Rise in awareness among people and increase in government initiatives for vision care management are anticipated to boost the global ocular implants market.

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    Global Ocular Implants Market - Competitive Landscape

    Major players operating in the global ocular implants market include Johnson & Johnson Services, Inc., Alcon (Novartis AG), STAAR Surgical, MORCHER GmbH, Bausch + Lomb Incorporated, Carl Zeiss Meditec AG, Hoya Surgical Optics, Rayner Intraocular Lenses Limited, Ophtec BV, and SAV-IOL SA.

    Johnson & Johnson Services, Inc.

    Johnson & Johnson Services, Inc. is the world’s largest and most broadly based health care company, providing services for more than 130 years to keep people well at every age and every stage of life. It offers products through three business segments: consumer products, medical devices, and pharmaceutical products. Vision care products, including disposable contact lenses and ophthalmic products related to cataract & laser refractive surgery, are offered under the medical devices segment. Different brands offered by Johnson & Johnson Services, Inc. in the vision care segment include ACUVUE, Blink, iLASIK, LipiFlow, and Symfony.

    STAAR Surgical

    STAAR designs, develops, manufactures, and markets implantable lenses for the eye and companion delivery systems. The company sells its products in more than 75 countries and conducts manufacturing in the U.S. Its major product line includes ICLs, IOLs, and surgical products. STAAR Japan, Inc., STAAR Surgical AG, and Domilens Vertrieb fuer medizinische Produkte GmbH are the three subsidiaries of STAAR Surgical.

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  • Disposable Hospital Supplies Market Demand, Insights and Forecast up to 2027

    Disposable Hospital Supplies Market: Introduction

    • Disposable medical supplies consist of medical apparatuses, devices, or consumables used once or for a brief time in medical application. These supplies are an essential component in hospitals, as they save staff time and reduce health care related costs. Disposables medical supplies include bandages & wraps, drug tests disposables, exam gowns, face masks, gloves, suction catheters, surgical sponges, hypodermic needles, syringes, and applicators.

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    Key Drivers of Disposable Hospital Supplies Market

    Awareness Regarding Hospital Acquired Infections

    • The disposable hospital supplies market is driven by the rise in awareness about hospital acquired infections. For instance, as per a report published by the European Centre for Disease Prevention and Control (ECDC), 1 out of 18 patients in European hospitals suffer from hospital-acquired infection (HAI). Moreover, on an average, around 3.2 million patients per year suffer from HAIs. Such instances are driving the use of disposable hospital supplies.

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    Rise in Incidence of Diseases Worldwide

    • Rise in incidence of diseases worldwide is fueling the expansion of the disposable hospital supplies market. According to the World Health Organization (WHO), chronic disease prevalence is expected to increase by 57% by 2020. Moreover, global pandemic is also on the rise. These factors are driving the demand for disposable hospital supplies.

    Environmental Concerns Related to Improper Disposal of Medical Waste

    • Environmental concerns related to improper disposal of medical waste is restraining the growth of the disposable hospital supplies market. The Environmental Protection Agency (EPA) has stipulated several regulations for appropriate disposal of hazardous waste, collection of biohazard waste, and medical waste removal processes. This requires health care facilities to adhere to the rules of proper medical waste disposal, which restricts the use of disposable supplies.

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    Regional Insights

    • In terms of region, the global disposable hospital supplies market has been divided into: North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. China is witnessing swift growth in the use of disposable hospital supplies due to evolution of health care reforms resulting in continuous increase in demand for hospital supplies.
    • Other major factors are flow of capital to the hospital market in China through self-establishments, mergers & acquisitions, associates, and other forms. In the Asia Pacific region, increasing geriatric population at an unprecedented rate is a major driver for the disposable hospital supplies market. It is projected that by 2050, one in every four people in Asia Pacific will be over 60 years of age. Moreover, the population in the Asia Pacific region will increase three-fold by 2050. According to reports published by the Advanced Medical Technology Association (AdvaMed), medical device spending in Asia Pacific in 2010 was about 6% of the total national health expenditure.

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    Key Players operating in Global Market

    The global disposable hospital supplies market is concentrated with a players holding a majority share of the market. The demand for disposable hospital supplies has recently increased in both emerging and developed markets due to various factors, including rise in diseases. This has resulted in a surge in such disposable medical supplies to emerging markets. Some of the key players operating in the global market are:

    • Stryker Corp
    • Cardinal Health Inc
    • Hill-Rom Holdings Inc
    • 3M Health Care Ltd
    • Steris Corp
    • Getinge AB
    • Becton Dickinson and Co
    • Medline Industries Inc
    • Advanced Sterilization Products Services Inc
    • Invacare Corporation
    • B. Braun Melsungen AG
    • Sunrise Medical (US) LLC
    • Ansell Healthcare LLC
    • Avanos Medical Inc

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  • Vitiligo Treatment Market Size to Expand Significantly by the End of 2027

    Vitiligo: Hypopigmentation Disorder

    • Vitiligo is a hypopigmentation skin disorder that causes the loss of skin color due to low concentration of melanin in the skin cells. It affects the skin on all parts of the body and may also affect the hair and inside of the mouth.

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    • Vitiligo is not life threatening and not contagious. It is common in all people irrespective of their skin type; however, it is more noticeable in people with dark skin. The condition affects individuals, usually prior to the age of 40; around half the affected population has developed it before the age of 20.
    • The exact cause of vitiligo is still unknown; however, some experts believes that it is an autoimmune disorder, wherein the person’s own immune system mistakenly acts against the skin cells that produce melanin
    • The common symptoms of vitiligo include the whitening of the skin and development of white patches on the skin anywhere on the body. It does not have any harmful health consequences; however, the affected people may feel stressful and have issues about their appearance.

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    Key Drivers of Global Vitiligo Treatment Market

    • The global vitiligo treatment market is primarily driven by the high prevalence of vitiligo worldwide. The worldwide prevalence of vitiligo ranges between 0.2% and 4%. Most studies have reported that women are more affected than males.
    • According to American Academy of Dermatology, more than 1,50,000 individuals were treated for vitiligo in 2013
    • Anticipated launch of pipeline drugs is anticipated to boost the global vitiligo treatment market during the forecast period

    Corticosteroids Segment to Offer Attractive Opportunities

    • Based on drug type, the global vitiligo treatment market can be divided into corticosteroids, calcipotriene, immunomodulators, and others. Corticosteroids is anticipated to be the leading segment during the forecast period.
    • Currently, there is no cure for vitiligo; however, some drugs help restore the skin tone
    • Topical corticosteroids are prescribed as first-line treatment for vitiligo and inflammatory disorders. Topical corticosteroid preparations are extensively utilized in the treatment of this condition. Topical corticosteroids when applied in the early stages of the disease may help regain skin color.
    • Immunomodulators, such as tacrolimus or pimecrolimus, are used in the treatment of individuals who experience relatively small areas of depigmentation

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    Topical Segment to Dominate Global Market

    • In terms of route of administration, the global vitiligo treatment market can be classified into oral, topical, and others. The topical segment is expected to dominate the global market during the forecast period.
    • Topical corticosteroids are widely used and preferred route of administration for the treatment of vitiligo
    • The oral segment is likely to expand at a rapid pace during the forecast period

    Asia Pacific Vitiligo Treatment Market to Expand Rapidly

    • In terms of region, the global vitiligo treatment market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to dominate the global market during the forecast period. However, the region is anticipated to lose market share by the end of 2027.
    • High prevalence of vitiligo in adults and high awareness and easy availability of medications are expected to drive the vitiligo treatment market in North America during the forecast period
    • The vitiligo treatment market in Asia Pacific is projected to expand at a high CAGR during the forecast period. Expansion of the market in Asia Pacific can be attributed to the high prevalence of vitiligo in densely populated countries such as India, China, and Hong Kong, rapid improvement in health care infrastructure, and significantly high infection rate of hepatitis C.

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    Key Players Operating in Global Market

    The global vitiligo treatment market is highly fragmented, with a large number of domestic players accounting for majority of share. Key players operating in the global vitiligo treatment market are:

    • Sanofi S.A.
    • Teva Pharmaceutical Industries
    • Mylan NV
    • Aurobindo Pharma Limited
    • Pfizer, Inc.
    • Salix Pharmaceuticals, Inc.
    • GlaxoSmithKline plc
    • F. Hoffmann-La Roche AG
    • Eli Lilly and Company
    • Bausch Health Companies, Inc.

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  • Eye Stent Market Projected to Gain Significant Value by 2027

    Eye Stent Market: Introduction

    • Eye stents are tiny tubes generally made of plastic, fiber, or metal that are inserted in the eye to keep the internal eye pressure at normal levels by relieving any obstruction in the flow path of fluids
    • Eye stents are used in the treatment of glaucoma and NLD (nasolacrimal duct) obstructions in children

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    • Approximately 2% of the world’s population suffers from glaucoma. It ranges from 2.2% in individuals aged between 40 years and 49 years to 9.5% in people aged above 70 years in developed countries such as the U.S. and Europe.
    • Glaucoma usually develops after the age of 60 years; however, it is detected after the age of 40 years in African Americans. The growing number of geriatric population is likely to increase the number of glaucoma patients, thus generating growth opportunities for the eye stent manufacturers.

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    Key Drivers and Restraints of Global Eye Stent Market

    • Governments around the world are organizing free health check-up camps for various eye diseases to prevent prevalence and progression of glaucoma
    • Additionally, improvements in socio-economic condition of developing countries has increased the spending capacity of individuals. Hence, the number of untreated cases has decreased. In the U.K., patients are tested for glaucoma after 40 years of age, if symptoms such as blurred vision occur, and the initial treatment is dispensed from the hospital without any cost. Moreover, there are various treatments available for glaucoma.
    • Lifestyle changes have led to an increase in the diabetic population, which has resulted in increased cases of neovascular glaucoma. This is anticipated to drive the global eye stent market in the near future.
    • Lack of awareness about progressive eye disorders such as glaucoma, adverse effects associated with the use of eye stents, recent product recalls, and alternative therapies are expected to hamper the growth of the eye stent market during the forecast period

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    Glaucoma Indication Segment to Lead the Global Eye Stent Market

    • In terms of indication, the global eye stent market can be divided into glaucoma and NLD (nasolacrimal duct) obstructions
    • Rise in global geriatric and diabetic population is anticipated to offer lucrative opportunities for the eye stent market
    • Changing lifestyle and rapid digitization have significantly elevated the use of computers and other screens. Computers and mobile phone screens emit UV radiation and continuous exposure to this increases strain on the eyes, which leads to glaucoma.

    Ophthalmic Clinics to Offer High Growth Opportunities

    • On the basis of end-user, the global eye stent market can be divided into hospitals, ophthalmic clinics, and ambulatory surgical centers
    • The hospitals segment is expected to witness high demand for eye stents during the forecast period. The growth of this segment can be ascribed to the rise in incidences of glaucoma, ability of hospitals to provide optimum health care services to patients, and increase in the number of patients opting for treatment at hospitals supported by reimbursement programs, such as Medicare.
    • Globally, hospitals are the primary body for health care services. In countries, such as the U.S., Canada, the U.K., etc., hospitals provide health care services to all citizens at affordable costs.

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    • Glaucoma cases are expected to rise during the forecast period due to increased incidences of neovascular glaucoma. Hospitals are key centers for diagnosis and treatment of glaucoma in developed as well as emerging regions.
    • The ophthalmic clinics segment is expected to grow steadily during the forecast period, as individuals generally prefer these clinics for follow-up cases, especially in regions such as Asia Pacific
    • Preference for specialty clinics for accurate and speedy treatment is projected to propel the growth of the ophthalmic clinics segment during the forecast period

    North America to Lead Global Eye Stent Market

    • In terms of region, the global eye stent market can be divided into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
    • Asia Pacific is expected to gain market share, owing to the rise in the prevalence of glaucoma and surge in awareness among people. Rise in disposable income is also likely to contribute to the growth of the eye stent market in Asia Pacific.
    • Major pharmaceutical and biopharmaceutical companies and research setups, including start-ups are based in North America. Additionally, key players in the market, such as the Glaukos Corporation have their headquarters in the U.S. from where they generate maximum sales. Hence, the U.S. is one of the leading countries for eye stents. The U.S. Government provides health care services to all citizens at affordable prices. This enables a higher number of people to avail of these services.

    Key Manufacturers Operating in Global Market

    Key manufacturers operating in the global eye stent market are:

    • Glaukos Corporation
    • Alcon
    • Ivantis, Inc.
    • Allergan plc
    • Santen Pharmaceutical Co., Ltd.

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  • Lip Implants Market to Flourish with an Impressive CAGR by 2027

    Lip Implant Market: Overview

    Lately, lip implant has been gaining much popularity among people, worldwide. Thanks to availability of cost-effective and low-maintenance treatment – key reasons- for their demand across social classes. It gives more lasting solution for plumper and fuller lips.

    Lip implant is desirable because it uses minimally invasive process to provide desirable lip shape. Earlier, mostly celebrities used to undergo lip surgeries. However, rising awareness about the method has been attracting common people, thus, giving thrust to the global lip implant market.

    Report Overview @

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    Lip implant procedures aid to addition or restoration of lip volume. Also, it smoothens vertical lines around mouth and lips. Mostly, pliable and soft silicone rubber or biodegradable material is used to provide the lip shape of choice.

    The report on lip implant market provides an insight about growth of lip implant market in the coming years. It has taken different drivers and trends under consideration, which are changing the face of global lip implant market in forecast period. Also, the market intelligence report gives description about technological changes coming in lip implant surgical process. Later it discusses about the changes followed by lip implant market.

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    Lip Implant Market: Trends and Opportunities

    Surge in demand for cosmetic surgery by young as well as older population in one of the key driving factors of lip implant market. Also, technological advancement is another contributing factor for the expansion of market. The cosmetic surgeons have been introducing new surgical procedures for lip implants.

    There are multiple options for lip surgeries that have come up such as selfie surgery, ballooned surgery, and others.

    As per a report given by American Society of Plastic Surgeons (ASPS), the U.S has been witnessing rise in the number of people undergoing minimally invasive cosmetic procedures. In 2018, the number of people who underwent cosmetic surgical procedure was close to 18 million. Since 2000, the number of cosmetic surgeries have multiplied by 115% across the globe.

    Celebrity endorsements and rising social media use have been driving lip implants and cosmetic surgery procedures.

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    Lip Implant Market: Regional Outlook

    Rising awareness about cosmetic surgeries and technological advancements are likely to drive lip implant market in North America region. Above all, U.S. has been witnessing high adoption rate of cosmetic surgeries. Looking at the on-going trend, North America has emerged as a major contributor to the expansion of global lip implant market.

    Further, options in lip augmentation surgeries and rise in the number of cosmetic surgeries are future growth prospects in the lip implants market. Apart from that, favourable reimbursement surgeries and advancements in minimally invasive procedures are likely to fuel the lip implant market in the forecast period.

    Besides, emerging players of lip implant market are bringing more strategies such as entering into partnership with the clinics. As a result, lip implant market is anticipated to expand in the market.

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    Competitive Landscape:

    Some of the significant players in the lip implant market are- Soft Silicone Rubber, Gore-Tex, Expanded Polytetrafluoroethylene (ePTFE), and AlloDerm

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