Rohini Chaudhari

  • Croup Treatment Market Projected to Witness Vigorous Expansion by 2030

    Croup Treatment Market: Introduction

    • Croup is a medical condition that refers to an infection of the upper airway, which further disrupts breathing, thereby resulting into barking cough. Croup typically occurs in children and is often treatable at home. Symptoms of croup include swelling around the larynx (voice box), windpipe, and bronchi. The cough forcible tries to move through the passageway and swollen vocal cords, which results into a seal-like barking noise. Other symptoms include fever, hoarse voice, and noisy breathing. The croup condition lasts for three to five days normally. Children between the ages of 6 months and 3 years are at higher risk of getting croup, as children have small airways, and they are most susceptible to acquire the symptoms.

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    • Croup is commonly caused by parainfluenza virus and is easier to contract through droplets in the air. Sanitization and continuous hand washing are few preventive measures against croup. As per NCBI research published in April 2020, in the U.S., annually croup accounts for 7% of hospitalizations in children below 5 years of age. Laryngotracheitis, laryngotracheobronchitis, and laryngotracheobronchopneumonitis are covered under the croup spectrum. Croup is a highly common respiratory illness caused most commonly by viruses and a few by bacteria too. Parainfluenza virus caused primarily type 1 and type 2 viral croup, and other viruses’ causes’ adenovirus, influenza A and B, measles, and respiratory syncytial virus. The bacteria caused laryngeal diphtheria, laryngotracheobronchitis, bacterial tracheitis, and laryngotracheobronchopneumonitis croup.

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    Key Drivers and Restraints of Global Croup Treatment Market

    • Rise in prevalence of croup diseases, especially in children between the ages of 6 months and 3 years is projected to drive the global croup treatment market. According to NCBI data published in April 2020, croup affects around 3% of children every year, globally. Moreover, parainfluenza virus accounted for 75% of croup infections in children. Majority of cases reported were estimated to be higher in males than females, and approx., 85% of croup cases registered were mild croup. This is likely to boost the need for treatment of croup condition. Furthermore, around 15% of respiratory infections in children was caused due to croup.
    • Availability of generic medication and other treatment, including oxygen therapies and intubation, is estimated to offer treatment for croup. Additionally, awareness related to croup and guidelines related to the treatment of croup is estimated to propel the croup treatment market globally.

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    North America to Lead Global Croup Treatment Market

    • In terms of region, the global croup 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 croup treatment market during the forecast period due to an increase in prevalence of croup disease especially in children across the region. As per NBCI research in April 2020, croup is likely to affect around 3% of children every year in the U.S. Moreover, in the U.S., croup accounted for 15% emergency department visits. Moreover, rising respiratory conditions in the U.S. is anticipated to propel the market of croup treatment in the region Availability of generic medicines such as corticosteroids, epinephrine, and other medicines for treatment of croup condition would boost the market in the region.
    • Europe was the second-largest market for croup treatment followed by Asia Pacific, owing to the rising prevalence of condition in winters, and especially among children in the region. As per Royal College of Emergency Medicine’s, in the U.K., 80% of children with symptoms of acute onset of stridor and cough are likely to have croup. Furthermore, croup is estimated to occur in 2% of children between the ages of 6 months and 36 months in the U.K. Moreover, male to female ratio of acquiring croup is 3:2.

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    Key Players Operating in Global Croup Treatment Market

    The global croup treatment market is fragmented, owing to the presence many large- and small-sized players. Major players operating in the global croup treatment market are:

    • Mylan N.V
    • Ethypharm Group Company
    • Rosemont Pharmaceuticals Ltd,
    • GlaxoSmithKline plc
    • Merck & Co., Inc.
    • Smiths Medical
    • Boehringer Ingelheim International GmbH
    • Hikma Pharmaceuticals
    • Sanofi

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    Invisible Orthodontics Market -

    https://www.prnewswire.com/news-releases/invisible-orthodontics-market-to-gain-us-7-259-6-million-by-2026--says-tmr-300809816.html

    Cerebral Somatic Oximeters Market –

    https://www.biospace.com/article/cerebral-somatic-oximeters-market-is-projected-to-expand-at-a-cagr-of-7-2-percent-from-2018-to-2026/


  • Biohazard Bags Market to Witness Comprehensive Growth by 2030

    Biohazard Bags Market: Introduction

    • Biohazard bags are designed to collect biomedical waste. Biomedical waste includes microbial, animal, pathological waste and human bodily fluids, which needs to be disposed properly. Special care must be taken while disposing sharp waste such as IV tubes, needles, glass slides, etc., which can cause injuries during handling and lead to infections. Biohazard bags also prevents contamination of samples and protects the person handling the sample.

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    • Biohazard bags can be made of polypropylene, polyethylene, plastic, and other material. These type of bags are utilized to collect waste related to healthcare, chemical & pharmaceutical, infection, and others. Depending on the medical waste, biohazard bags can be classified into yellow and red color.

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    Key Drivers of Global Biohazard Bags Market

    • Change in regulatory guideline for proper collection and disposable of medical waste is likely to drive the biohazard bags market during the forecast period. The CDC has formulated special guidelines to ensure the safety of healthcare professionals for effective handling of medical waste. The guidelines suggest that hazardous bags must be tied properly and filled only 1/3rd of the capacity of the bag in order to prevent leakage during transportation.
    • Demand for biohazard bags is increasing in developing countries due to a rise in patient population, an increase in number of hospital beds, a rise in number of diagnostic test, and surge in awareness about medical waste management
    • Lack of awareness about safe disposal methods of biohazard bags in developing countries such as China, India, and those in Africa is likely to restrain the market

    Polypropylene Segment to be Highly Promising

    • Based on material, the global biohazard bags market can be segmented into polypropylene, low-density polyethylene, cellophane, and high-density polyethylene
    • The polypropylene segment accounted for a prominent share of the global biohazard bags market in 2019. This segment is expected to dominate the biohazard bags market due to an increase in the use of polypropylene for manufacturing of biohazard bags. Moreover, polypropylene biohazard bags are lightweight and less expensive, which is likely to drive the segment.

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    Infectious Waste Segment to Expand Significantly

    • In terms of application, the global biohazard bags market can be divided into infectious waste, chemical and pharmaceutical waste, general healthcare waste, and other wastes
    • In terms of revenue, the infectious waste segment accounted for a major share of the global market in 2019. The segment is anticipated to expand during the forecast period due to an increase in incidence of infectious diseases. Infectious waste includes post-surgical blood infected swabs, patient mucous swab/dressing waste, and other general infectious waste.

    Hospitals Segment to be Highly Promising

    • In terms of end-user, the global biohazard bags market can be divided into hospitals, diagnostics laboratories, and others. In terms of revenue, the hospitals segment accounted for a prominent share of the global market in 2019. The segment is anticipated to expand during the forecast period due to an increase in the number of surgical procedure carried out in hospitals, where biohazard bags are used to collect and dispose blood samples along with other infectious waste.
    • Increase in volume of medical waste generated per hospital is likely to drive the segment. For instance, according to World Health Organization (WHO), 0.2 kg of hazardous waste is generated per hospital bed generated in low-income countries, while each hospital bed generates 0.5 kg of hazardous waste in high-income countries.

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    North America to Dominate Global Biohazard Bags Market

    • In terms of region, the global biohazard bags market can be categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
    • North America dominated the global biohazard bags market in 2019. It is expected to maintain its leading position during the forecast period. This dominance of the region can be attributed to an increase in incidence of infectious diseases, high adult population, presence of major market players, and highly developed healthcare sector in the region.
    • The market in Asia Pacific is projected to expand at a highest growth rate during the forecast period, owing to an increase in adoption of new products, rise in number of hospitals with beds and a surge in the demand for biohazard bags in emerging countries such as India and China

    Key Manufacturers Operating in Global Market

    The global biohazard bags market was highly fragmented in 2019. Key manufacturers operating in the global market are:

    • Bel-Art SP Scienceware
    • Dynalab Corp.
    • Heathrow Scientific
    • MiniGrip
    • TufPak
    • Cole-Parmer
    • Thermo Fisher Scientific
    • International Plastics Inc.
    • Merck & Co., Inc.
    • Desco Medical India

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    Ileostomy Market -

    https://www.prnewswire.com/news-releases/ileostomy-market-to-reach-an-evaluation-of-us1-65-billion-by-2024--says-tmr-300809103.html

    Respiratory Disease Testing Market –

    https://www.biospace.com/article/respiratory-disease-testing-market-availability-of-basic-respiratory-devices-makes-hospitals-top-end-user/


  • Oscillating Positive Expiratory Pressure (OPEP) Devices Market to Record an Exponential CAGR by 2027

    Global Oscillating Positive Expiratory Pressure (OPEP) Devices Market – Overview

    The oscillating positive expiratory pressure (OPEP) devices are the ones which are used for clearing secretions from the airways. It is useful for people who are suffering from chronic respiratory problems such as COPD, cystic fibrosis, and chronic bronchitis among others. The device is used for removing excessive mucus that is produced because of these disorders. It helps in loosening the walls of lungs and makes breathing easy.

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    Global Oscillating Positive Expiratory Pressure (OPEP) Devices Market – Competitive Landscape

    The global oscillating positive expiratory pressure (OPEP) devices market has a highly consolidated vendor landscape. There are only a handful of notable players operating in the market space. The companies are expected to concentrate on product development and innovation in order to stay ahead of their competition. Moreover, they are also resorting to aggressive marketing strategies such as mergers, takeovers, strategic alliances, and partnerships to move ahead of the competitive curve. Some of the prominent brands operating in the global oscillating positive expiratory pressure (OPEP) devices market are AirPhysio, Allergan plc., D-R Burton Healthcare, Medica Holdings, LLC., Monaghan Medical Corporation, PARI GmbH, R. Cegla GmbH & Co. KG, Smiths Medical, Inc., WyMedical Pty Ltd, among others,

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    Global Oscillating Positive Expiratory Pressure (OPEP) Devices Market – Drivers and Restraints

    There are several factors that are exerting a positive influence of the overall development of the global oscillating positive expiratory pressure (OPEP) devices market. One of the key driving factors for the market growth is the growing prevalence of asthma. It is a chronic respiratory disease that has affected millions of people around the world. With such large patient pool, the market is expected to leverage substantial growth opportunities in the coming years of the forecast period.

    In addition to this, in recent years, there have been massive developments in terms of research and studies. This coupled with innovation and creation of new products have also helped in the development of the global market in the past few years. Constant technological and research development are also key for fueling the overall market growth. Furthermore, growing prevalence of chronic pulmonary diseases is also influencing the market growth.

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    Global Oscillating Positive Expiratory Pressure (OPEP) Devices Market – Geographical Outlook

    The global market for oscillating positive expiratory pressure (OPEP) devices has five key regional segments. These regional segments are Asia Pacific, North America, Latin America, Middle East and Africa, and Europe. Of these, currently, the global market is being dominated by the regional segment of North America. As per the findings published by the Center for Disease Control and Prevention (CDC) on an average, 1 in 13 people in America is suffering from asthma. This roughly creates a patient pool of nearly 25 million people in the US alone. Naturally, the regional segment of North America is witnessing a high demand for these oscillating positive expiratory pressure (OPEP) devices. In addition to this, presence of a strong medical infrastructure and early availability of new products and devices is also helping in the overall development of the regional market.

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    On the other hand, the regional segment of Asia Pacific is projected to witness a highly promising rate of growth in the coming years of the forecast period ranging from 2019 to 2027. The growth of the market can be primarily attributed to the growing patient pool, increased spending on the development of the healthcare infrastructure by the emerging economies, and rising patient awareness.

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    Hyperbaric Oxygen Therapy (HBOT) Devices Market -

    https://www.prnewswire.com/news-releases/hyperbaric-oxygen-therapy-hbot-devices-market-to-hit-us284-8-million-by-2025--says-tmr-300808430.html

    Histone Deacetylase Inhibitors Market –

    https://www.biospace.com/article/histone-deacetylase-inhibitors-market-oncology-is-expected-to-be-a-major-segment-of-the-market-due-to-large-patient-population/


  • Sterile Vials Market to Undertake Strapping Growth by the End 2030

    Sterile Vials: Introduction

    • The pharmaceutical industry has experienced various technological advancements in the past few years. Recent advancement in routes of drug administration is shaping the market, and consequently, demand for sterile vials, pharmaceutical primary packaging, and parenteral products surpasses production.

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    • Sterile vials manufacturers focus on introducing suitable changes in dimension consistency and stability of novel and existing vials products due to increase in issues of inconsistent filling of drugs. Products according to packaging type such as small and large volume require different space considerations and also have container size limitations.

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    Key Drivers and Restraints of Global Sterile Vials Market

    • Rise in demand for new drugs has fueled the growth of the global sterile vials market and the overall pharmaceutical packaging market. Manufacture of pharmaceutical and medical drugs and devices is increasing swiftly in emerging markets such as Brazil, India, and China. This drives demand for packaging & labeling products and services in the industry. The global sterile vials market is anticipated to witness rapid rise in demand for plastic packaging during the forecast period. Rise in demand for plastic vials compared to glass vials is due to benefits such as cost-effectiveness, lightweight, and easy availability of raw materials.
    • Innovations in pharmaceutical and lifecycle packaging continues, as the industry becomes increasingly competitive and organizations aim for new product advances providing more convenience to customers. Recyclable plastic also is becoming the preferred material for sterile vials manufacturing. Multilayers also provide additional break resistance compared to glass. Plastic vials also offer improved design flexibility and dimensional precision as compared to glass. Various players in the market are collaborating to meet demand for such polymers.

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    • Strict government regulations and standards exist in the pharmaceutical industry, as it deals with drugs that affect human health. These stringent policies affect various issues including patient drug compliance, quality certifications, drug diversion, infection control programs, and counterfeiting. Health care regulatory bodies such as the Food and Drug Administration (FDA), the National Quality Forum (NQF), and the Healthcare Compliance Packaging Council (HCPC) have been working with primary, secondary, and tertiary packaging service providers, pharmacies, international government organizations, and consumer entities to improve pharmaceutical packaging to prevent contamination of drugs, devices, and vials, and to make them patient compliant.
    • The European Union mandates that prescription drugs should be dispensed to patients in a unit dose packaging. Additionally, the FDA has approved unit dose packaging as the sole packaging layout, which can impose barcodes on packaging labels. These stringent regulations and standards increase the need for specialized packaging and labeling products and service providers. This is expected to propel the global sterile vials market.

    Asia Pacific to Lead Global Sterile Vials Market

    • In terms of region, the global sterile vials market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe are likely to account for major share of the global sterile vials market during the forecast period, owing to developed health care infrastructure, large patient population, and increase in technological developments.
    • The anticipated transformation in the U.S. pharmaceutical industry across all segments is likely to reshape the entire pharmaceutical and associated industries in North America. Shrinking profit margins of large and small pharmaceutical producers is forcing them to explore new avenues in Asia Pacific. In order to reflect their likely existence and grow, companies are opting for structural shifts and adopting alternate operating models, which are more focused on new business priorities. This transition in the pharmaceutical industry in the U.S. is likely to present opportunities for vials manufacturers and distributors in North America.

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    • Vial and parenteral product companies focus on capturing the market in developed and developing countries in Asia. Considerable opportunities exist for pharma packaging product manufacturers in developing regions such as Asia Pacific. The region has undergone significant changes after the economic meltdown of 2008, making it the most lucrative health care destination in the world. Asia Pacific offers new opportunities for pharmaceutical companies; however, it is marked by high degree of particularities and complexities. The pharmaceutical industry is highly fragmented owing to presence of numerous small-scale pharmaceutical companies in the region especially in Japan, India, and China. Additionally, ecommerce companies such as Alibaba in China are exploring interests in the pharmaceutical sector. Hence, companies in the pharma primary packaging industry need to adopt long-term strategy and partnership with local companies to capitalize on this growing market.

    Key Players Operating in Global Sterile Vials Market

    The global sterile vials market is fragmented, with presence of large number of small-scale and large-scale companies. However, the global market is dominated by few players, accounting for around 40% of market share. Thermo Fisher Scientific, Gerresheimer, Sigma-Aldrich, La-Pha-Pack GmbH, Restek Corporation, Corning Glass, and United Company for Glass Containers are the major companies that dominate the global sterile vials market.

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    Optometry Market –

    https://www.biospace.com/article/optometry-market-contact-lenses-to-see-increased-uptake-due-to-their-ability-to-treat-refractive-errors/


  • OTC Braces & Supports Market to Observe Strong Development by 2030

    OTC Braces & Supports Market: Introduction

    • Orthopedic braces & supports are widely used for the treatment of ankle sprains and knee ligament injuries suffered during sports activities. These braces & supports are intended for providing support, compression, and joint stability to alleviate pain caused due to chronic conditions such as arthritis and sports injuries.

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    • Braces & supports find applications in osteoarthritic care, post-operative care, injury prevention, and injury rehabilitation. OTC braces and supports are extensively used for treatment of cerebral palsy, scoliosis, spinal cord injury, and spina bifida, and other stroke effects.
    • Sophisticated design of OTC braces & supports, cost-effectiveness, and ease of availability contribute to the growth of the global market. Additionally, these are used by athletes and sportspersons to avoid injuries.

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    Key Drivers and Restraints of Global OTC Braces & Supports Market

    • The global OTC braces & supports market is anticipated to be driven by rise in prevalence of orthopedic diseases and increase in number of accident-related injuries
    • Rise in prevalence of osteoporosis among people, primarily the baby boomer population, boosts the growth of the global OTC braces & supports market. Prevalence of osteoporosis is considered to be higher in men than women
    • Ease of availability of OTC braces & supports for preventive care and ambulatory procedures fuels the growth of the global market
    • However, availability of alternative treatments, lack of customizable options, and changing patient preference against braces & supports are likely to hamper the growth of the global OTC braces & supports market

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    North America to Lead Global OTC Braces & Supports Market

    • In terms of region, the global OTC braces & supports market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
    • North America dominated the global OTC braces & supports market in 2019, owing to presence of leading players, increase in product approvals, well-established health care infrastructure, and high prevalence of orthopedic diseases and sports injuries
    • Europe was the second largest market for OTC braces & supports in 2019. Asia Pacific is projected to be the fastest growing market for OTC braces & supports, followed by Latin America and Middle East & Africa. Rise in focus of governments of countries in Asia on enhancing health care facilities, increase in focus of players on leveraging opportunities offered by emerging economies, and surge in prevalence of osteoporosis and orthopedic injuries among people are expected to augment the OTC braces & supports market in the region.

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    Key Players Operating in Global OTC Braces & Supports Market

    Leading players in the global OTC braces & supports market are:

    • KineMedics
    • Bauerfeind AG
    • Össur Hf
    • DJO Finance LLC
    • Breg, Inc.
    • DeRoyal Industries, Inc.
    • Ottobock Holding GmbH & Co. KG
    • Zimmer Biomet Holdings, Inc.
    • Becker Orthopedic
    • medi GmbH & Co. KG
    • BSN medical

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    Medical Membrane Market -

    https://www.prnewswire.com/news-releases/medical-membrane-market-to-reach-us-6483-24-million-by-2026-due-to-growing-demand-for-advanced-drug-delivery-systems---tmr-300814682.html

    Hospital Pharmaceuticals Market –

    https://www.biospace.com/article/hospital-pharmaceuticals-market-demand-from-oncology-segment-to-surge-in-response-to-increasing-incidence-of-cancer/


  • Respiratory Infectious Disease Treatment Market to Expand with Significant CAGR by 2030

    Respiratory infectious disease treatment Market: Introduction

    • Respiratory infections are caused by virus, bacteria, or other microbes, which further infect the respiratory system including the lungs, throat, and airways. Spread of infections is often through mucus and saliva that is usually expelled when the person sneezes, coughs, or laughs. Virus or bacteria are also spread though droplets that are suspended in air, which causes respiratory infections. Furthermore, some people can be infected by exposure to virus or bacteria on surfaces, or by contact with contaminated hands. Respiratory infectious diseases includes Coronavirus diseases (COVID-19), Middle East Respiratory Syndrome (MERS), severe acute respiratory syndrome (SARS), pneumonia, influenza diseases, tuberculosis, whooping cough (Pertussis), enterobius, and chronic obstructive pulmonary disease (COPD).

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    • Recent pandemic resulting into widespread of the COVID 19 infections, across globe is a major factor boosting the need of the treatment of the same during forecast period. As per current statistics, in April 2020, 4.5 million people across globe are infected with COVID 19 diseases, and this is likely to impact the need of various drugs in managing the same condition. No treatment is currently available for this particular infectious disease; however, some drug classes are prescribed to manage the disease.

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    Key Drivers and Restraints of Global Respiratory Infectious Disease Treatment Market

    • Rise in prevalence of respiratory infectious diseases, such as Coronavirus diseases, MERS, chronic obstructive pulmonary disease, tuberculosis, pertussis, and influenza, is projected to drive the global respiratory infectious disease treatment market. According to data published in January 2020, 2519 laboratory-con?rmed cases of Middle East respiratory syndrome (MERS), were reported, which includes 866 associated deaths globally. Majority of cases reported were from Saudi Arabia (2121 cases), including 788 related deaths with a higher fatality rate of 37.1%. Moreover, the emergence of COVID 19 pandemic has driven the demand for drugs to manage the disease. According to statistics, as of April 2020, there were around 3.45 million cases of COVID-19 globally, which drives the respiratory infections disease treatment marke
    • Rapid rise in burden of chronic obstructive pulmonary disorders such as chronic bronchitis, emphysema, asthma and other lung diseases such as tuberculosis, pneumonia, is estimated to boost the respiratory infectious disease treatment market. Rise in COPD patient population and the number of people smoking is a key factor boosting the market of the respiratory infectious disease treatment.

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    North America to Lead Global Respiratory infectious disease treatment Market

    • In terms of region, the global respiratory infectious disease 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 respiratory infectious disease treatment market during the forecast period due to an increase in burden of COVID-19, well-developed health care infrastructure, and increasing prevalence of chronic obstructive pulmonary diseases, flu diseases, whooping cough, and other respiratory infections. This is anticipated to augment the Respiratory infectious disease treatment market in the region. COPD is considered to be the third-leading cause of death in the U.S., and fourth-leading cause of death across the world. According to an article published on Verywell Health, COPD affects around 11 million people in the U.S. and occurs in people over the age of 40. This statistics drives the demand for the treatment of respiratory infectious diseases.
    • Europe was the second-largest market for respiratory infectious diseases followed by Asia Pacific, owing to the rising prevalence of COPD disease in the region. For instance, according to the European Respiratory Nurses Association (ERNA), 259,000 people die of COPD each year in the EU. Moreover, rising cases of COVID 19 in Italy, Spain, U.K. and other countries across Europe is boosting the need for treatment of respiratory infectious diseases across the region. The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period, owing to the COVID-19 pandemic and key players involved in manufacturing generic drugs for the treatment of the disease.

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    Key Players Operating in Global Respiratory infectious disease treatment Market

    The global respiratory infectious disease treatment market is fragmented, owing to the presence of a large number of players. Major players operating in the global respiratory infectious disease treatment market are:

    • Mylan N.V
    • AstraZeneca
    • Boehringer Ingelheim International GmbH
    • F. Hoffmann-La Roche Ltd.
    • GlaxoSmithKline plc
    • Merck & Co., Inc.
    • Novartis AG
    • Sanofi
    • Sunovion Pharmaceuticals, Inc.
    • Teva Pharmaceutical Industries Ltd.
    • Ipca Laboratories
    • Cipla Inc
    • Zydus Cadila

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    Intracranial Stents Market -

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    Assistive Technologies for Visually Impaired Market –

    https://www.biospace.com/article/assistive-technologies-for-visually-impaired-market-north-america-to-remain-as-leading-segment/


  • PCR Food Testing Systems Market to Witness Exponential Growth by 2030

    PCR System for Food Testing: Introduction

    • Polymerase chain reaction (PCR) is a method for amplifying a specific piece of DNA
    • PCR system detects foodborne pathogens and other important food quality and safety targets, accurately and quickly
    • PCR systems offer qualitative detection of major pathogens including Cronobacter spp., Listeria, E. coli O157:H7, and Salmonella, and other important targets in environment and food

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    • The application of real-time polymerase chain reaction (PCR) is one of the most promising advancements in food quality and safety, providing reliable, rapid, and quantitative results
    • Real-time PCR has become an important alternative to traditional detection methods in the food and agricultural industries
    • Advantages of quantitative real-time PCR include excellent detection limit, sensitivity, specificity, selectivity, speed, and potential for automation
    • The global PCR system for food diagnostic market is expected to be driven by increase in food contamination due to various microorganisms, including bacteria and fungi

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    Key Drivers of Global PCR Food Testing Systems Market

    • The global PCR food testing systems market is driven by increase in the number of foodborne diseases
    • According to the Centers for Disease Control and Prevention, researchers have identified over 250 foodborne diseases to date. Most of the infections are caused due to various viruses, bacteria, and parasites.
    • According to the World Health Organization, unsafe food causes 600 million cases and 420,000 deaths due to foodborne illnesses each year. Globally, 1 in 10 people fall sick each year after consuming contaminated food. Around 125,000 children under 5 years die each year due to unsafe food.
    • Hence, increase in incidence of foodborne diseases is projected to drive the demand for PCR system for food diagnostics during the forecast period

    Consumables Segment to Grow at Rapid Pace

    • In terms of product, the global PCR food testing systems market can be bifurcated into instruments and consumables
    • The consumables segment includes reagents, assays, probes, and kits
    • The consumables segment is anticipated to grow at a rapid pace during the forecast period
    • Wide applicability and easy transport and handling are expected to drive the demand for consumables during the forecast period

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    North America to Dominate Global PCR Food Testing Systems Market

    • In terms of region, the global PCR food testing systems market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
    • North America is projected to dominate the global PCR food testing systems market during the forecast period. Increase in the initiation of food safety acts and stringent regulations by governments are likely to propel the market in the region.
    • Europe is anticipated to offer significant opportunities in the PCR food testing systems market due to influence of regulatory organizations such as the European Food Safety Authority (EFSA) on PCR systems used for food testing

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    Key Players Operating in Global PCR Food Testing Systems Market

    The global PCR food testing systems market is consolidated, with small number of major players accounting for majority market share. Key players operating in the global PCR food testing systems market are:

    • Danaher Corporation
    • Hygiena LLC
    • Minerva Biolabs GmbH
    • QIAGEN NV
    • Agilent Technologies Inc.
    • bioMérieux SA
    • Bio-Rad Laboratories Inc.
    • BIOTECON Diagnostics GmbH
    • R-Biopharm AG
    • Thermo Fisher Scientific, Inc.

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  • Medical Enzyme Technology Market to Develop Rapidly by 2030

    Medical Enzyme Technology Market: Introduction

    According to the report, the global medical enzyme technology market was valued at US$ 3.7 Bn in 2019. It is projected to expand at a considerable CAGR during the forecast period. Enzymes can be defined as complex proteins that catalyze a specific reaction or a chemical change in all parts of the body. The medical applications of enzymes have been in development, owing to their innate availability and magnitude of rewards offered in disease treatment and as diagnostic tools.

    The rise in demand for medical enzyme technology can be attributed to the growing applications of enzymes for disease treatment and as diagnostic tools. In addition, the rising prevalence of cancer, increasing demand for cost effective treatment modes, and growing awareness among the population concerning the early diagnosis of disease contribute to the growth of the medical enzyme technology market. North America dominated the global medical enzyme technology market in 2019. The trend is anticipated to continue during the forecast period. The U.S. was the major revenue generating country in the region. Robust expansion of the market in North America can be attributed to increase in research & development and focus on the development of enzyme medication for the treatment of various chronic diseases.

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    Increase in biotech & diagnostic applications

    Medical enzymes find applications in pharmaceutical and diagnostics industries. These are extensively used as therapeutic agents in the treatment of diseases associated with enzyme deficiency, and for performing diagnostic procedures such as ELISA. Enzymes are employed in various diagnostic and biotechnological applications such as DNA manipulation and sequencing. Additionally, the declining cost of DNA manipulation and sequencing is anticipated to act as a demand driver, leading to rise in usage of enzymes in research & biotechnology and diagnostic applications. Moreover, enzymes have applications in clinical diagnosis for the quantitative determination of health disorders, primarily diabetes. This is expected to contribute to the growth of the medical enzyme technology market during the forecast period.

    Hydrolases Enzymes Dominated Global Market

    In terms of enzyme type, the hydrolases segment is projected to account for a major share of the global medical enzyme technology market during the forecast period. Hydrolases include those enzymes, which have the ability to catalyze the cleavage of the substrate and in addition of water molecule to the resulting molecules. These enzymes aid in treatment of various diseases, owing to high stability, catalytic efficiency, commercial availability, and broad substrate specificity in a wide spectrum of bio-catalyzed processes.

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    Disease Treatment to be Key Application Area

    Based on application, the disease treatment segment is anticipated to account for a major share of the global medical enzyme technology market during the forecast period. It is likely to maintain its dominance during the forecast period. Increasing application of medical enzyme technology in the development of therapeutics is driving the segment. The enzyme technology is being employed in the treatment of major diseases such as cancer, metabolic diseases, and lysosomal diseases.

    Medical Enzyme Technology Market: Prominent Regions

    The global medical enzyme technology market has been segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global medical enzyme technology market in 2019. The expansion of the medical enzyme technology market in the region can be attributed to the rise in development of newer medicines based on enzymes and investment in research & development. The U.S. was a major country contributing to the expansion of the medical enzyme technology market in the region. The expansion of the market in the region can be primarily attributed to the growth of the market in the U.S. The growth of the market can be attributed to various factors, including strategic partnerships among market players to enhance their presence in the medical enzyme technology market. Additionally, the strong presence of market players in the region and increasing investments in research & development fuel the medical enzyme technology market in the region.

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    The medical enzyme technology market in Asia Pacific is estimated to expand at a significant CAGR from 2020 to 2030 driven by developing countries such as China and India. The expansion of the market in the region can be attributed to the rise in the number of contract research organizations offering drug discovery services. Additionally, increasing focus of big pharmaceutical companies on outsourcing drug discovery to countries in Asia, owing to the large target population and presence of skilled technicians further propels the medical enzyme technology market in the region.

    Focus on Strategic Acquisitions and Partnerships by Key Players to Propel Global Market

    The global medical enzyme technology market is fragmented in terms of number of players. Key players operating in the global medical enzyme technology market are Thermo Fisher Scientific Inc., Merck KGaA, Genzyme Corporation (Sanofi), Promega Corporation, Asahi Kasei Corporation, Takeda Pharmaceutical Company Limited, Cytiva (Danaher), Agilent Technologies, Inc., Sun Pharmaceutical Industries Ltd., Amano Enzyme Inc., and Novozymes A/S.

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  • Disposable Syringes Market to be at Forefront by 2030

    Disposable Syringes Market: Introduction

    According to the report, the global disposable syringes market was valued at US$ 6.9 Bn in 2019 and is expected to expand at a CAGR of ~7% during the forecast period from 2020 to 2030. A disposable syringe is made for one-time use. It is then disposed of, typically into a contamination unit. Various types of syringes are available in the market depending upon their usage and other variables. Disposable syringes are becoming increasingly popular due to their affordability and prevention of infections, particularly blood-borne infections. In terms of value, North America dominated the global disposable syringes market in 2019. It is expected to continue its dominance by the end of 2030.

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    Rise in Global Cases of Needle-stick Injuries to Drive Disposable Syringes Market

    Needle-stick injuries are percutaneous piercing wounds caused by needle tips. These injuries can occur while using, handling, disassembling, or disposing needles and syringes. High incidence rate of needle-stick injuries and associated serious consequences are prompting healthcare professionals to use syringes with a safety mechanism. This is boosting the disposable syringes market. According to Eucomed, an organization that represents the medical technology industry in Europe, around 1 million needle-stick injuries occur in the region annually. Sustained growth of the injectable drugs market and increase in demand for point-of-care administration are some of the major factors driving the global disposable syringes market. Moreover, technological advancements in the manufacture of disposable syringes are key factors fueling the global disposable syringes market.

    Syringes to Dominate Disposable Syringes Market

    Based on product, the global disposable syringes market has been divided into syringes, needles, oral syringes, and filling needles. The syringes segment accounted for a major share of the global disposable syringes market in 2019, owing to the increase in self-administration of drugs and rise in demand for disposable syringes due to their higher safety profile. The syringes segment has been bifurcated into conventional and safety. Safety syringes sub-segment is anticipated to be a highly lucrative sub-segment during the forecast period, owing to the rise in needle-stick injuries across the world and increase in government initiatives & regulations regarding safe injection practices. The needles segment has been bifurcated into conventional and safety. The safety sub-segment is estimated to expand at a fast CAGR during the forecast period, due to higher safety measures and features offered by this type of syringe over others.

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    Medication Delivery to Offer Growth Opportunities

    In terms of application, the global disposable syringes market has been classified into medication preparation, medication delivery, and other clinical usages. The medication delivery segment dominated the global disposable syringes market in 2019. It is estimated to be more lucrative during the forecast period. Furthermore, increase in demand for disposable syringes in medication delivery; new product launches, and sustained growth of the injectable drugs market are key factors augmenting the medication delivery segment.

    Hospitals Major End Users of Disposable Syringes

    Based on end user, the global disposable syringes market has been segregated into hospitals, diagnostic laboratories, blood banks, pharmaceutical industry (B2B) (prefilled syringes), vaccination, and veterinary purposes. The hospitals segment accounted for a prominent share of the global disposable syringes market in 2019 due to rise in hospital admissions for the treatment of chronic diseases, better supply chain management, and availability of skilled staff in hospitals. Vaccination is projected to be a highly promising end user segment of the global disposable syringes market in the near future due to the increase in incidence of various viral diseases and rise in preventive measures such as urge for using Safety by global as well as national authorities.

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    North America to Dominate Disposable Syringes Market

    Based on region, the global disposable syringes market has been split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America constituted significant share of the global disposable syringes market in 2019, owing to the rise in emphasis on safety of patients & health care providers, new legislations designed to incorporate the practice of safety, and new products launched by market players. In July 2018, the U.S. Department of Health and Human Services (HHS) proposed a new safety database for ambulatory surgery centers in order to ensure safe procedures at ambulatory surgical centers and lower chances of infection. The disposable syringes market in Asia Pacific is likely to expand at a faster CAGR during the forecast period, owing to rise in awareness about needle-stick injuries among the general population, rapid adoption of medical technologies, and increase in awareness about transmission of disease due to the use of infected syringes and other consumables in hospitals.

    Competition Landscape

    The global disposable syringes market is fragmented in terms of number of players, with the entry of several emerging players in the recent years. Key players operating in the global disposable syringes market include Becton, Dickinson and Company (BD), Injex Surgical Industries, McKesson Medical-Surgical Inc., NIPRO Medical Corporation, PiSA Farmacéutica, Sol-Millennium Medical, Inc., Baxter International Inc., Terumo Medical Corporation, Smiths Group PLC, and B. Braun Melsungen AG. Mergers, acquisitions & strategic collaborations, distribution agreements, and new product & technology launches are some of the key strategies adopted by major companies in the global disposable syringes market.

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  • Surgical Retractors Market to Register a Stout Growth by End 2030

    Surgical Retractors Market: Introduction

    According to the report, the global surgical retractors market was valued at US$ 1.9 Mn in 2019 and is projected to expand at a CAGR of ~5% from 2020 to 2030. Surgical retractors help surgeons and operating room professionals to hold an incision or wound open during surgical procedures. These instruments aid in holding underlying organs or tissues, allowing doctors/nurses better visibility and access to the exposed area. Different types of surgical retractors are used in surgical procedures, including hand-held retractors, self-retaining retractors, and table-mounted retractors. The growth of the global surgical retractors market can be attributed to rise in demand for plastic & reconstructive surgeries and increase in global geriatric population.

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    North America dominated the global surgical retractors market in 2020 and the trend is anticipated to continue during the forecast period. Highly structured healthcare industry, early adoption of new surgical retractors, high penetration rate of surgical retractors, and presence of major players are expected to drive the market in North America. Asia Pacific is likely to be a highly lucrative market for surgical retractors during the forecast period. The market in the region is projected to expand at a high CAGR from 2020 to 2030.

    Rise in Demand for Plastic & Reconstructive Surgeries and Increase in Global Geriatric Population to Drive Market

    Surge in number of cosmetic and reconstructive surgeries across the globe is a major driver of the global surgical retractors market. According to statistics provided by the International Society of Plastic and Aesthetic Surgeons (ISAPS), over 1.8 million cosmetic surgeries were performed across the globe in 2018. According to the American Society of Plastic Surgeons (ASPS), over 24,099 buttock augmentation and 313,735 breast augmentation surgeries were performed in the U.S. alone in 2018. The reconstructive surgery is performed to treat body parts affected aesthetically or functionally by congenital defects, developmental abnormalities, or trauma. According to the statistics provided by the International Society of Plastic and Aesthetic Surgeons (ISAPS), over 5.8 million reconstructive surgeries were performed across the globe in 2018.

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    Increase in the geriatric population directly affects the development of surgical retractors, as elderly people are highly susceptible to chronic diseases and undergo different surgeries. The increase in global population aged 65 years or above is expected to augment the global surgical retractors market in the near future. According to a report by the U.S. Census Board in 2016, people aged 60 years or above represented nearly 18% of the country’s total population and the percentage is likely to increase to 21% by 2030.

    Hand-held Retractors to Dominate Market

    In terms of product type, the global surgical retractors market has been divided into hand-held retractors, self-retaining retractors, table-mounted retractors, and others. The hand-held retractors segment dominated the global surgical retractors market in 2019 and the trend is projected to continue during the forecast period. Hand-held retractors allow a physician to move tissue out of the way of the surgical instrument and protect the vital structures during the procedure. Increase in preference for hand-held retractors and availability of a range of products are projected to boost the growth of the segment. Self-retaining retractors was the second largest segment in terms of market share in 2019. A surgeon can position self-retaining retractor without assistance. Moreover, major manufacturers are focusing on launching new self-retaining surgical retractors. These factors are likely to fuel the growth of the segment.

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    Abdominal Surgeries to be Highly Lucrative

    In terms of application, the global surgical retractors market has been classified into abdominal surgeries, cardiothoracic surgeries, orthopedic surgeries, obstetric & gynecological surgeries, and others. The abdominal surgeries segment dominated the global market due to increase in number surgical procedures performed through abdominal region and rise in prevalence of target disease conditions related to abdominal organs. Additionally, launch of surgical retractors, especially for abdominal surgery is projected to drive the segment. The orthopedic surgeries segment is anticipated to grow at a moderate pace due to rise in the number of orthopedic surgeries and increase in adult population in countries in Asia such as China and Japan, which is more prone to orthopedic disorders.

    Hospitals to be Major End User

    Based on end user, the global surgical retractors market has been categorized into hospitals, ambulatory surgical centers, and others. The hospitals segment dominated the global surgical retractors market in terms of revenue in 2019. The trend is expected to continue during the forecast period. The increase in the number of surgical procedures carried out in hospitals, availability of a range of surgical instruments, including retractors, large patient pool, high prevalence rate of major chronic diseases that require surgery, and surge in number of hospitals are likely to accelerate the growth of the segment during the forecast period. Ambulatory surgical centers is expected to be the fastest growing segment of the global surgical retractors market during the forecast period. The segment is likely to expand at a significant CAGR from 2020 to 2030. Rise in number of ambulatory surgical centers is projected to drive the segment.

    North America to Dominate Global Market

    In terms of region, the global surgical retractors market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global surgical retractors market in 2019, followed by Europe. North America accounted for a major share of the global surgical retractors market in 2019, owing to high number of surgeries performed due to the large geriatric population. Moreover, rise in demand for surgical retractors used in surgeries by hospitals is another factor propelling the market in North America. For instance, over 1.6 million spinal fusion procedures are carried out in the U.S. each year. According to the Centers for Disease Control and Prevention (CDC), nearly 600,000 hysterectomies are performed annually in the U.S., and about 20 million women in the country have had a hysterectomy.

    The surgical retractors market in Asia Pacific is anticipated to expand at a high CAGR from 2020 to 2030. This can be attributed to developing economies with commercial hubs, expanding business organizations, rise in awareness and adoption of surgical retractors, improving healthcare infrastructure, and surge in investments by companies in technical field.

    Competition Landscape

    The global surgical retractors market is fragmented in terms of number of players. Key players in the global market include Medtronic plc, Stryker, Terumo Corporation, Integra LifeSciences, Ethicon (Johnson & Johnson Services, Inc.), BD, Teleflex Incorporated, B. Braun Melsungen AG, Invuity, Inc., and Medline Industries, Inc.

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  • Guidewires Market to Surge at a Robust Pace by 2025

    Manufacturers in order to reap the most out of the guidewires market are evaluating different approaches in modeling guidewires and catheters to advance techniques in endovascular interventions, notes Transparency Market Research (TMR). Medical device makers are striving to unveil guidewires that can help interventional cardiologists navigate a wide cross-section of clinical scenarios. To this end, those seeking higher stakes in the guidewires market have been extensively researching on combining various mechanical properties. Most notable of the properties they focus on comprise flexibility for easy maneuverability and hydrophilicity at the tip, in addition to shaft stiffness and retention friction, a key approach that shapes product innovations in the guidewires market.

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    Rising Uptake in Percutaneous Coronary Interventions Churns out Sizable Global Revenues

    Importantly, medical device makers in the guidewires market are aiming at helping cardiac care specialists choose the best device that fulfils the requirements of the specific clinical scenario. The growing adoption of coronary guidewires among interventional cardiologists have been propelled by rapid advances in angioplasty procedures. This is driven by rising application in percutaneous coronary interventions, world over, such as percutaneous transluminal coronary angioplasty (PTCA) and percutaneous transluminal angioplasty (PTA). The coronary guidewires segment is expected to hold the leading revenue share in the global guidewires market.

    Advances being made in endovascular interventions-technology and techniques are underpinning the lucrativeness of the market. The global guidewires market is expected to garner a CAGR of 6.2% from 2017 to 2025 to climb to reach opportunities worth US$2.7 bn by 2025.

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    Computer-based Models for Developing Guidewires Have Game-Changing Potential

    Growing demand for minimally invasive interventional procedures is a key factor catalyzing advances in endovascular interventions, driving the guidewires market. Advent of computer-based models for developing guidewires has been poised with game-changing potential in the guidewires market. These models are expected to gather steam among the industry as well as the academia due to their potential in evaluating different modeling approaches comprehensively. One of the compelling business propositions in the adoption of computer modelling strategies in the guidewires market is the potential in the design optimization of instruments.

    Over the past few years, the role of hybrid guidewires in endourological procedures has gathered the attention of manufacturers in the guidewires market. They are inter alia experimenting with different materials and guidewire designs.

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    New Catheterization Techniques Drive Product Innovations

    Adoption of new catheterization techniques has also expand the potential of the guidewires market. A case in point is in cardiovascular magnetic resonance (CMR) catheterization, an emerging strategy. In this regard, nitinol guidewires have shown some potential to manufacturers to fare better in trackability, torquability, and mechanical support. This will pave way to high-performance commercial guidewires, especially in developed and developing markets.

    Stricter implementation of regulations has motivated medical device makers to unveil guidewires in conformation with the prevailing regulations of the land. North America has presented several significant revenue streams to medical device makers in the global guidewires market. According to TMR, the opportunities in the market are expected to reach worth of US$662.1 by 2025-end.

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  • Non-Small Cell Lung Cancer Therapeutics Market Key Opportunities and Forecast up to 2023

    The vendor landscape of the global non-small cell lung cancer therapeutics market features the presence of a number of players, but was dominated by Genentech, a Roche company, which accounted for nearly 36% of the overall market in 2014, observes a recent report by Transparency Market Research (TMR). The market is marked with a moderate level of competition and focus on the development of new and more effective varieties of drugs has increased from companies anticipating a better grip on the market. Strategic collaborations with the view of expanding geographical outreach and product portfolios is also a key strategy adopted by companies operating in the global non-small cell lung cancer therapeutics.

    Some of the leading companies operating in the market are Novartis AG, Bristol-Myers Squibb, Celgene Corporation, AstraZeneca plc, Pfizer, Inc., Boehringer Ingelheim, and Eli Lilly and Company.

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    According to the report, the global non-small cell lung cancer therapeutics market will rise to a valuation of US$15.1 bn by 2023.

    Asia Pacific Promising Excellent Growth Opportunities

    Geographically, the market in Asia Pacific is expected to emerge as one of the leading contributors of revenue to the global market, thanks to the rising awareness regarding cancer and the active role of governments in the region in supporting the treatment of lung cancer through subsidized treatment and medicines in public healthcare centers. The region will continue to remain one of the most lucrative regional market for the field of non-small cell lung cancer therapeutics owing to the rising prevalence of lung cancer.

    Based on drugs, the segment of angiogenesis inhibitors is expected to dominate in terms of demand as well as revenue contribution to the global market. This can be attributed to its effectiveness and the increased adoption of targeted therapies in a number of regional markets. The segment is expected to rise to a valuation of US$2,020.4 mn by 2023.

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    Rich Pipeline of Drugs and Continuous R&D Efforts Open Up Promising Growth Avenues for Market

    The rising prevalence of lung cancer globally is naturally the leading cause driving the market for non-small cell lung cancer therapeutics. The increased understanding regarding the various changes observed in non-small cell lung cancer cells that help them further grow is leading to the development of newer drug classes for targeting the changes specifically. Active R&D efforts in this field are also proving beneficial for the overall development of the global non-small cell lung cancer therapeutics market.

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    Thanks to continuous efforts and continuous influx of funds into R&D from market players, the market has seen the development of a rich pipeline of innovative drug classes in the past few years. Innovative new generation drugs such as Alecensa (alectinib), which is development by Genentech for the treatment of ALK-positive non-small cell lung cancer, are being approved by a number of drug approval bodies for marketing across the globe. This scenario has also helped a number of new players foray into the market, thus improving the market’s growth prospects.

    However, as several highly anticipated drugs are still in the early stages of pipeline, which may take some more time to hit the market, there is a level of uncertainty regarding returns on investment. Moreover, resistance of several cancers to targeted therapies also poses challenges to the further expansion of the market to a certain degree.

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  • Bone Grafts and Substitutes Market Size, Analysis and Forecast up to 2026

    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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  • Prefilled Syringes Market Shares, Strategies and Opportunities 2024

    The global prefilled syringes market displays a fragmented vendor landscape with the presence of several mid-size and large players, says Transparency Market Research (TMR) in a new report. In this competitive market, savvy players are using improved materials to improve the quality of syringe, and to improve manufacturing processes that can help boost production volume, adds the report. In addition, the focus of these players is to monitor the production process, and make the necessary changes, so as to ensure the right amount of drugs are filled in syringes. Such initiatives are likely to help keen players make a mark in the global prefilled syringes market.

    Top companies operating in the global prefilled syringes market are Stevanato Group, Baxter International, Unilife Corporation, West Pharmaceuticals, and Becton Dickinson & Co.

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    According to the TMR report, the global prefilled syringes market is predicted to expand at a CAGR of 9.3% between 2016 and 2014 vis-à-vis revenue. Rising at this pace, the market is expected to be worth US$7.9 bn by 2026 from US$3.5 bn in 2015.

    On the basis of application, vaccines is expected to lead the pack in the prefilled syringes market over the forecast period. In terms of geography, Europe is likely to maintain its key position in the prefilled syringes market. However, Asia Pacific is likely to exhibit a robust growth rate of 11.3% between 2016 and 2026.

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    Need to complement Mainstream Medical Care with Alternate Care boosts Demand

    Globally, due to the rising burden of chronic diseases, healthcare systems are seeking alternate ways to complement for patient care. Patients that have a set prescription for injections do not need every day monitoring, and can take the prescribed injections on their own. Prefilled syringes have the necessary drugs filled in the exact amount that are easy to use. Patients can use prefilled syringes on their own or can take help from a family member for parenteral administering the drug. Prefilled syringes are convenient, sterile, accurate, and affordable, which makes them suitable to be used by patients. Such offerings of prefilled syringes are boosting the prefilled syringes market.

    In a medical emergency, prefilled syringes can help to save lives. In such situations, in the interim before medical care is administered, patients need not wait helplessly instead use prefilled syringes if advised by their doctor for such situations. Prefilled syringes with the exact amount of drug can work to prevent the condition from worsening. This stimulates the prefilled syringes market.

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    Regulations to monitor Manufacturing Process, Material Specifications favors Market

    Worldwide, stringent regulations monitor the manufacturing process and material used in the manufacture of injectable drug delivery devices such as prefilled syringes. Injectable drug delivery devices for both hospital use and home nursing need to be manufactured using permissible materials in strictly monitored environments. These materials need to satisfy free of contamination specifications, and need to be strong to prevent damage in the event of mishandling. Such requisites for the manufacture of injectable drug delivery devices in indirectly favoring the prefilled syringes market.

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  • Contraceptives Market Size will Observe Lucrative Surge by the End 2025

    The demand within the global market for contraceptives has been rising on account of the growing incidence of sexually transmitted diseases, finds Transparency Market Research (TMR). The competitive dynamics of the global market for contraceptives have drastically changed over the past decade. The key players have resorted to informative marketing practices in order to create a regular consumer base. There is a high possibility of new business practices coming to the fore of the global contraceptives market. Moreover, the presence of established vendors in the global market for contraceptives is a key consideration for newbie vendors as well.

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    It is expected that strategic alliances amongst large, medium, and small-scale vendors would be a common trend in the global contraceptives years to come. This will help the larger vendors in accessing the regional markets, while the smaller vendors could learn from the strategies of the established vendors. Furthermore, mergers and acquisitions are also projected to be a key trend in the global contraceptives market in the years to come. It is safe to prognosticate that new and more effective forms of contraceptives would be introduced by the vendors in the years to come. Some of the key vendors in the global contraceptives market are Allergan plc, Mankind Pharma, Janssen Pharmaceutical Company, Mithra Pharmaceuticals, HLL Lifecare Limited, and Cipla Inc.

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    Transparency Market Research (TMR) finds that the global contraceptives market would expand at a healthy CAGR of 6.10% over the period between 2017 and 2025. The cumulative value of the global contraceptives market would reach US$ 37,242.7 mn by 2025-end, rising up from a value of US$ 22,050 mn in 2016. On the basis of product, the demand for oral contraceptives is on a rise in recent times. Based on geography, the market for contraceptive in North America is expanding at a stellar pace due to growing awareness about STDs in the US and Canada.

    Awareness Campaigns about STDs to Propel Demand

    The rising incidence of sexually transmitted diseases has led national and international bodies to launch awareness campaigns. Several offline and online platforms have been leveraged to educate people about the need for using contraceptives. Hence, the demand within the global market for contraceptives is projected to escalate to new heights in the years to come. Furthermore, the availability of contraceptives such as condoms, vaginal rings, and pills across pharmacies has also aided market growth. Besides this, the presence of key vendors for producing various types of contraceptives has also aided market growth.

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    Easy Availability of Contraceptive Devices to Propel Demand

    The global market for contraceptives has expanded at a starry pace in recent times. The availability of several nascent contraceptives such as contraceptive sponges, vaginal rings, female condoms, and diaphragms has created commendable opportunities for growth within the global market. Furthermore, contraceptives are now available across a number of selling points including pharmacies, online platforms, clinics, and hospitals. This factor has also emerged as a crucial driver of demand within the global contraceptives market. Promotion of contraceptive-use across schools and colleges has also led to the growth of the global market.

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  • Optometry Market Demand, Insights and Forecast up to 2025

    The global optometry market is envisioned in a report by Transparency Market Research (TMR) to hold a fragmented characteristic for its vendor landscape. Companies are observed to make desperate efforts to retain their shares of the market and grow strong in the coming years. With a view to outsmart their opponents, they are expected to rely on demand for improved treatments and therapies. With their extensive regional outreach and broad product portfolios, larger companies could take a leading position in the market. Some of the prominent companies functioning in the market are Pfizer, Inc., CooperVision, and Novartis AG.

    By 2025, the global optometry market could bag revenue worth a US$79.8 bn while expanding at a 4.1% CAGR during the forecast tenure 2017-2025 as foreseen by TMR. In 2016, it was valued at a US$55.9 bn. Anti-inflammatory drugs classified under therapeutics by type of product are envisaged to secure a higher share of the market, considering their 32.5% attained in 2016. By region, North America could collect a king’s share of the market, taking into account its 36.5% achieved in the same year.

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    Vision Problems Propels Demand

    Diabetes and other chronic health conditions in geriatrics are researched to be among primary factors triggering vision problems in them. Moreover, geriatrics are observed to be highly vulnerable to vision complications due to other reasons. Thus, expansion of the geriatric population across the world is anticipated to serve as a powerful factor augmenting demand in the global optometry market. Demand for optometry could also increase on the back of swelling prevalence of cataracts, diabetic retinopathy, glaucoma, and age-related macular degeneration (AMD).

    In the U.S., diabetic retinopathy is observed to have affected nearly 7.6 mn people, as per the finding of the American Association of Ophthalmology. The organization also found another 20.5 mn people in the country affected by cataracts.

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    Unaffordability in Emerging Countries Causes Demand to Grow Dull

    Low affordability and purchase power of developing economies could limit adoption of optometry therein. Patients may find it unaffordable to opt for optometry tests or purchase optometry drugs. However, government initiatives to make healthcare affordable for everyone are prognosticated to create opportunities in emerging regional markets. Growing awareness about eye care and need for eye tests due to rising incidence of refractive errors and eye diseases are foretold to set the international optometry market for positive growth in the near future.

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    The possibility of finding cures for different visual problems on account of constant technological development could encourage players to expand their product portfolios. Furthermore, increasing preference for contact lenses and introduction of fashionable spectacles are projected to offer a wealth of opportunities in the market.

    The information presented in this review is based on a TMR report, titled “Optometry Market (Product - Therapeutics (Anti-inflammatory Drugs (Steroids and NSAIDS), Anti-fungal Drugs, Anti-infective Drugs, and Anti-allergic Drugs) and Vision Care Equipment (Eye Glasses and Contact Lenses (Soft Contact Lenses, Rigid Gas Permeable Contact Lenses, and Extended Wear Contact Lenses); Distribution Channel - Hospital Pharmacies, Ophthalmology Clinics, Online Pharmacies and Retail Stores, and Optical Centers) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025.”

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  • Orthopedic Trauma Fixation Device Market Size to Expand Significantly by the End of 2020

    A new Transparency Market Research report states that the global orthopedic trauma fixation device market was valued at US$6.1 bn in 2014 and is anticipated to reach US$9.3 bn by 2020, by expanding at a CAGR of 7.20% from 2014 to 2020. The title of the report is “Orthopedic Trauma Fixation Devices Market - Global Forecast, Share, Size, Growth and Industry Analysis 2014 - 2020.”

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    Injuries that affect the body’s musculoskeletal system are called orthopedic traumas. These types of injuries require immediate attention from an orthopedic surgeon or orthopedic trauma specialist because of their seriousness. The devices utilized to fix orthopedic traumas are called orthopedic trauma fixation devices. These implants are usually composed of metals. However, the increasing count of research and development activities by the major device manufacturers has enabled the usage of many other kinds of materials to improve implant performance.

    As per the report, the rising occurrence of fractures and the increasing healthcare expenditure globally are amongst the prime factors fuelling the market for orthopedic trauma fixation devices. In addition, the introduction of new procedure techniques coupled with positive clinical outcomes is another major factor augmenting the growth of the market. Furthermore, the absence of substitutes and the rising sports injuries will also impact the market positively. Industry partnerships, collaborations, and mergers and acquisitions are increasingly being seen in the market. In addition, the mounting popularity of internal fixators made from bioabsorbable (non-metallic) materials as opposed to the conventionally used metallic materials is also a key opportunity seen in the market for orthopedic trauma fixation devices.

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    On the other hand, according to the report, the absence of awareness regarding these devices and the soaring cost of surgery may impede the growth of the market in the coming years. In addition, the rising need for a double surgery due to a number of reasons and the lack of health insurance within emerging nations will also pose a negative impact on the development of the market.

    In terms of the type of fixator, the report segments the market into external fixators and internal fixators. Amongst these, internal fixators lead the market and are predicted to expand at a 6.80% CAGR between 2014 and 2020.

    On the basis of type of internal fixator, the market is segmented into intramedullary nail, intramedullary screw, and plate and screw system. Amongst these, plate and screws are the most popular type of internal fixators and the market for plate and screws internal fixators is poised to expand at a 7.1% CAGR from 2014 to 2020.

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    In terms of composition, the report segments the market into bioabsorbable fixators and metallic fixators. Amongst these, bioabsorbable fixators hold the largest share in the market and are predicted to expand at an 8.40% CAGR from 2014 to 2020.

    Geographically, the report segments the market into North America, Europe, Asia, and Rest of the World (RoW). Amongst these, the region of North America leads globally with the U.S. as the top market. On the other hand, Asia is the most swiftly developing orthopedic trauma fixation devices market. Japan, China, and some of the nations in the Eastern Mediterranean and South East Asia are also amongst the most rapidly growing orthopedic trauma fixation devices markets.

    As mentioned in the report, the prominent players operating in the market are Smith & Nephew, DePuy Synthes, Orthofix Holding Inc., Zimmer Holding Inc., and Stryker Corporation, among others.

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  • Electrodes for Medical Devices Market Projected to Gain Significant Value by 2019

    A new Transparency Market Research report states that the global electrodes for medical devices market was pegged at US$633.6 mn in 2012 and is anticipated to reach US$1,451.2 mn by 2019, expanding at a CAGR of 11.70% from 2013 to 2019. The title of the report is “Electrodes for Medical Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.”

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    The utilization of electrodes in medical devices serves to transfer the ionic current energy into electrical current within the human body. These currents have proven to be very useful in diagnosing and treating a number of diseases and can be amplified as per the need. These electrodes are composed of metals such as silver, nickel, copper, manganese oxide, cadmium, and zinc, among others. Electrodes such as electrocardiography (ECG) electrodes are used for the diagnosis of cardiac disorders. On the other hand, electrosurgical electrodes are utilized in different surgeries and enable accurate incisions involving minimal blood loss.

    According to the report, the increasing need for portable medical devices to lower the increasing healthcare and hospital expenses is a key factor stimulating the electrodes for medical devices market. In addition, there is an increasing demand for disposable electrodes owing to the increasing safety and health concerns globally. Furthermore, ablation electrodes are in high demand owing to the increasing requirement for minimally invasive surgical technologies.

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    On the other hand, the report states that electrical burns caused by overheating and the absence of biocompatibility tests have inhibited the acceptance and utilization of electrodes in medical devices, hence impeding the development of the overall market. In addition, delays in the pre-market approval process owing to the classification of pacemaker electrodes as high-risk devices by the FDA may also pose a negative impact on the growth of the market.

    In terms of product type, the market is segmented into ECG, EMG, EEG, fetal scalp electrodes, ERG electrodes, and others. Amongst these, ECG electrodes are poised to lead the market with a CAGR of 3.0% from 2013 to 2019. The ECG electrodes segment will be trailed by the segment of fetal scalp electrodes in the forecast horizon.

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    The therapeutic electrodes for medical devices market, by product, is segmented into pacemaker electrodes, TENS electrodes, electrosurgical electrodes, defibrillator electrodes, and others. Amongst these, defibrillator electrodes and electrosurgical electrodes are anticipated to register the greatest CAGR from 2013 to 2019. This is owing to ZOLL Medical Corporation’s launch of wearable defibrillators that monitor the wearer’s cardiac rhythms and administer a carefully measured electrical shock to the wearer in case of abnormal cardiac rhythms so as to help regain the normal functioning of the heart.

    Geographically, the report segments the electrodes for medical devices market into North America, Europe, Asia Pacific, and Rest of the World (RoW). Amongst these, in 2012, Europe and North America held the largest share of over 60% in the market owing to the proliferation of cutting-edge medical devices supporting the presence of technologically developed electrodes. Furthermore, the soaring count of cardiac disorders and the rising rate of diagnosis within these two regions will also support the growth of the market here. On the other hand, Asia Pacific is predicted to record the greatest growth rate in the forecast horizon owing to the increasing trend of medical tourism and the soaring count of smokers here.

    As per the report, the chief players dominant in the market are 3M Company, CONMED Corporation, and Natus Medical, Inc. among others

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  • Erectile Dysfunction Drugs Market to Flourish with an Impressive CAGR by 2026

    The consequences of lifestyle diseases are aplenty. One condition like obesity, hypertension, or diabetes which are also result of stress, can be dangerous to the entire body. One among the several consequences of these conditions is erectile dysfunction. This has created opportunities for growth for players in the global erectile dysfunction drugs market. Transparency Market Research has recently published a report on the global erectile dysfunction drugs market that discusses about the opportunities that lie in store for business between 2018 and 2026. The report points out that the global erectile dysfunction drugs market is expected to grow at a stable pace of 3.2% CAGR during the forecast period.

    While the overall growth rate looks stable, the report points out that the business will remain competent and opportunities to explore may keep emerging during the forecast period. Also, companies will have to remain keen understand if there can be new drugs that will make way for better business avenues in the near future. The popular brands in the global erectile dysfunction drugs market are Pfizer, Dong-AST Co.Ltd., Eli Lilly Company, Bayer AG, and Vivus Inc.

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    Lifestyle Habits that Support Demand

    The change in lifestyle in the last two decades has been massive. The change emerges out of growing economic prowess of the people especially in developed and developing nations that allows them to adopt lifestyle habits that, when consumed in excess, can become trouble to the health. Most of these lifestyle habits like alcohol consumption, smoking, consumption of mint and related products, and marijuana etc. are for relaxation. But, most of them also are prone to becoming addiction. And, several scientific studies have proved the impact of addiction and one of them is erectile dysfunction.

    The growing consumption of alcohol; tobacco and other products has had an impact on the number of erectile dysfunction cases. As a result, the companies in the global erectile dysfunction drugs market have gained from this trend. In the years to come, the number of these cases will rise gradually and companies will have more potential for business.

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    On the other hand, the stress from work where people end up spending long hours at their work place has also had an impact on the reproductive health of men. With challenging targets to achieve, people end up toiling themselves and neglecting their health. The increased stress level has an impact on the hormones of the body. This trend in the corporate culture is a contributing factor to growth in the global erectile dysfunction drugs market.

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    Swelling Geriatric Population in Some Pockets to Fuel Growth

    Some parts of the world like China and Japan are facing a unique crisis. The senior citizen population in these countries is growing at a rapid pace. This is a critical; indicator for the healthcare industry itself as the demand for products all healthcare markets in these regions will be high. As a result, the global erectile dysfunction drugs market is also expected to benefit from this trend.

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  • Health Intelligent Virtual Assistant Market to Reap Excessive Revenues by 2026

    Global Health Intelligent Virtual Assistant Market: Overview

    The rising demand for global health intelligent virtual assistant market in the healthcare sectors to boost growth of the overall market. Moreover, healthcare organization is improving their healthcare facilities for the patients by developing various advanced solutions such as reminder for medication and personalized service for the patients. For instance, artificial intelligent in virtual assistant help in reducing the overall rate of the patients who are getting affected due to chronic disease like Swine Flu and Ebola. In addition, the health intelligent virtual assistant helps in providing prominent major for various other disease like Tuberculosis , HIV, and malaria.

    Various organizations are utilizing the patients experience strategy and implementing patient’s engagement solution to improve experience of the patients and also boost revenue. This in turn helps in fueling growth of this market.

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    Global Health Intelligent Virtual Assistant Market: Trends and Opportunities

    Increasing adoption of health virtual assistant in the healthcare sector anticipated to increase more participation across the globe. This is another factors supporting growth of this market in coming years. Also, expansion of digital transformation led to advancement in product and service, this is another factor contributing to the growth of this market in coming years. Moreover, this new solution of health intelligent virtual assistant helps in improving the experience of patient’s interaction with the clinicians or healthcare organizations.

    Global Health Intelligent Virtual Assistant Market: Regional Outlook

    On the basis of geographical viewpoint, North America Dominate the global market for health intelligent virtual assistant owing to rising adoption of smartphone and IoT. The shortage of healthcare unit, physicians and clinicians in U.S. region expected to boost the regional market. Countries such as India and China are actively taking initiative to implement MVAs in the healthcare organizations.

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    The rising population and dearth of skilled and proficient’s therapists and clinicians to supplement growth of this market in near future. Owing to rising prevalence of the health intelligent virtual assistant in APAC region to support growth of this market in coming years.

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    Global Health Intelligent Virtual Assistant Market: Companies Mentioned

    This section of the report highlights prominent players operating in the global health intelligent virtual assistant market. Some of the players functioning in this market includes CodeBaby Corporation, CSS Corporation, True Image Interactive, Inc., eGain Corporation and Nuance Communications, Inc.The manufacturers are largely focused toward innovation of products and technology in order to strengthen their presence across the globe. Mergers and acquisitions and strategic alliance are major strategy adopted by the companies operating in health intelligent virtual assistant market. For example, Nuance Communications, Inc and Epic Systems Corporation collaborated on voice assistance technology to boost growth of this market in coming years. Furthermore, various companies are launching new app and technology to act as artificial intelligent agent to uplift and improve the experience of the patients and bridge gap between through improving communication facilities with the clinicians.

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