Rohini Chaudhari

  • Peripheral Intravenous Catheters Market to Garner Brimming Revenues by 2024

    Global Peripheral Intravenous Catheter Market: Overview

    A small tube placed into peripheral vein in order to administer medication directly into the circulation is known as a peripheral intravenous (IV) catheter. In addition to medication administration, peripheral intravenous (IV) catheters are used to withdraw blood from veins for testing. Advanced peripheral intravenous (IV) catheters are equipped with additional safety features to avoid needlestick injuries. Due to their direct contact with the circulatory system, peripheral intravenous (IV) catheters are prepared with non irritant material such as silicone, which do not have side effects even when peripheral intravenous catheters are left in contact with the circulatory system for several months or weeks.

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    Global Peripheral Intravenous Catheter Market: Drivers and Restraints

    Peripheral intravenous (IV) catheters are commonly used for vascular access. Medicine administered through a peripheral intravenous (IV) catheter enters directly into the blood flow and thus shows rapid action. With the advantage of rapid action, peripheral intravenous (IV) catheters are commonly used in emergency patients, surgical patients and patients suffering from vomiting, pediatric patients, unconscious patients and the elderly population, who face difficulty in swallowing medicines. Factors such as aging of population and advancement in surgical and treatment technologies resulting in increased surgical procedures are driving the global peripheral intravenous (IV) catheters market towards growth.

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    On the other hand, factors such as high cost of closed catheters, painful insertion and need of trained medical professional to use peripheral intravenous (IV) catheters are restraining the growth of the global peripheral intravenous (IV) catheters market. Based on the type of catheters commercially available, the global peripheral intravenous (IV) catheters market is segmented as follows:

    • Integrated/Closed catheters
    • Peripheral insertion catheters

    Use of integrated/closed intravenous (IV) catheters is rapidly increasing over conventional intravenous (IV) catheters due to capacity of integrated catheters to apply power while injecting medicine in the circulation. Integrated intravenous (IV) catheters are used for injecting contrast media into the circulation system prior to computed tomography (CT) imaging. On the other hand, high cost of the integrated peripheral intravenous (IV) catheters is restraining the growth of integrated peripheral intravenous (IV) catheters market in economically backward markets.

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    Global Peripheral Intravenous Catheter Market: Regional Dynamics

    Geographically, the global peripheral intravenous (IV) catheters market is segmented into North America, Europe, Asia-Pacific and Rest of the world (ROW). Currently, North America is leading the global peripheral intravenous (IV) catheters market and is followed by Europe. Factors such as existence of a large pool of geriatric population, highly developed healthcare infrastructure, high healthcare spending and advancement in technology resulting in higher rates of surgical procedures in this region are boosting the growth of the peripheral intravenous (IV) catheters market in these regions.

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    Asia-Pacific is the fastest growing market for peripheral intravenous (IV) catheters due to increasing disposable income, rapidly improving healthcare infrastructure and rapidly growing medical tourism industry in this region. In addition, countries such as China and India have the largest population pool in the world and thus the large geriatric population of both the countries will lead to an increasing patient population in the near future. Some of the players contributing to the peripheral intravenous (IV) catheters market include Terumo Corporation, B. Braun Melsungen AG, Smiths Medical, Becton, Dickenson and Co., Teleflex Inc., C.R. Bard Inc., Tangent Medical Technologies, Vygon SA, Argon Medical Devices Inc., Vascular Pathways Inc., Medical Components Inc. and VIGMED AB.

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    Viral Vector & Plasmid DNA Manufacturing Market –

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

    Gonorrhea Therapeutics Market –

    https://www.biospace.com/article/gonorrhea-therapeutics-market-high-scope-of-advancement-with-curative-approach/


  • RNA-based Therapeutics and Vaccines Market Estimated to Record Highest CAGR by 2026

    Global RNA Based Therapeutics and Vaccines Market: Brief Account

    Global RNA based therapeutics and vaccines market is likely to experience a steep rise in its growth during the forecast period 2018- 2028, due to the rise in prevalence of chronic diseases such as diabetes, tuberculosis, cancer and certain other cardiovascular conditions. During the assessed period the market is predicted to expand at a whooping CAGR. Rapid advancement in technologies particularly in the healthcare sector has significantly lifted the demand for RNA based therapeutics and vaccines.

    The global RNA based therapeutics and vaccines market could be classified on the basis of product type and indication type. The segment present in the report could be scrutinized based on the current trends, future potential, and several other testing factors.

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    Authors of the report have taken the help of primary and secondary research which consists of information collected from various manufacturer and analysts. Authors have also taken the help of Porter’s five force model to bring a conclusion which might help in making profit in the industry as well as take important business steps to outplay other competitors in the market.

    Global RNA based Therapeutics and Vaccines Market: Rising Opportunities

    Healthcare sector have been bring their minds together to bring stability to the RNA molecules in the body with limited bioavailability. It is the RNA therapeutics which when combined with protein/lipid nanoparticles provide better stability. In spite of being in a clinical research phase the RNA therapeutics is been extensively explored with a primary aim to treat difficult diseases. One of the major factor which is driving the market is the rise of promising technologies such as antisense technology, SMaRT technology, and RNAi interference technology.

    Antisense technology and RNAi both are clasping the attention of research industry as these are used for providing base sequence to produce RNA drugs. Both the technology work in different way, for example RNAi technology works on by destructing specific mRNA molecules, whereas on the other hand antisense technology works by creating RNA strand from known gene sequence.

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    However, there are several factors which are likely to stand straight on the way of market growth. Factors such as expensive research, high failure rated accompanied with problems faced in drug delivery are anticipated to bring down the RNA based therapeutics and vaccines market.

    Global RNA based Therapeutics and Vaccines Market: Geographical Study

    On the basis of geography the global RNA based therapeutics and vaccines market is spread across Asia Pacific, LAMEA, Europe, and North America. Amongst the pack, North America holds the major share in the RNA based therapeutics and vaccines market due to fast adoption to technologies and rise in prevalence of chronic diseases. Other factors which are driving the RNA based therapeutics and vaccines market is the extensive research done in order to commercialize the therapeutics. Hefty investment done for research and advancement in RNA based technologies coupled with support provided by various government of this region is helping the market in the region to grow at a steady rate. However, it has been noticed that business dynamics present in Asia Pacific is expected to provide lucrative opportunity to leading players of this RNA based therapeutics and vaccines market owing to the less cost required for clinical research in comparison to North America and Europe

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    Global RNA based Therapeutics and Vaccines Market: Companies Mentioned

    Major players in the RNA based therapeutics and vaccines market are mostly focused on collaborating and partnering to keep up with the research activities against its competitors. Due to these collaboration, inventors are supplemented with financial resources and advanced technologies. Some of the major players in the market are Sylentis S.A., Moderena Therapeutics, Inc., mirage Therapeutics, Regulus Therapeutics, Inc., and Arbutus Biopharma Corp.

    The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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    Controlled Substance Market –

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  • Proteinase K Market Size will Observe Substantial Growth by 2027

    Global Proteinase K Market: Overview

    The global proteinase K market is expected to witness robust growth in the near future. The market is riding on positive trends like growing demand for purification, increased focus on food contamination, and the wide adoptability of products. Proteinase K are known for their enriching activity in food distribution. The proteinase K is able to digest keratin, a hair protein which not only makes it ideal for use in cosmetics but also in food and beverage sector to prevent contamination. Additionally, growing research in Proteinase K is expected to open new opportunities as the substance is increasingly demonstrating its ability to work under a wide range of temperatures. Moreover, Proteinase K market is likely to cater to increasing demand for new sectors like agriculture, wherein Proteinase K is expected to aid purification and effective use of essential mixtures like urea.

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    Global Proteinase K Market: Notable Developments

    • Fine-needle aspiration biopsy or FNAB is an important tool used in medical research. It is widely adopted, thanks to its simplicity, cost-effectiveness, and safety for diagnosing thyroid disease. Conventionally, the disease is diagnosed with cytopathological examination. However, newer methods like liquid-based cytology are proving to be more advantageous with more accuracy in results. Proteinase K cells used for RNA extraction in this process are emerging as a key problem-solver for cancer-derived K1 cells and FNAB specimens. The proteinase K is likely to solve challenges relating to RNA isolation and cell recovery in liquid-based cytology. This is a major development in the Proteinase K market and can open tremendous new opportunities for existing players.
    • Various forms of regenerative medicine, especially in the form of tissue engineering Is on the rise. Additionally, various research for chronic illnesses like cancers, human umbilical cord?derived scaffolds, and molecularly engineered polyethylene glycol hydrogels for cartilage tissue are on the rise. Additionally, technological advancements like Big Data and 3D printing are making huge strides in the acceleration of research and manufacturing. The Proteinase K products are widely experimented in these areas and show a distinguished promise for the regenerative tissue engineering industry. This is expected to open several new opportunities for players in the Proteinase K market during 2019-2027.

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    Global Proteinase K Market: Drivers and Restraints

    The global proteinase K market is expected to witness strong growth during 2019-2027. The market is witnessing several positive developments including growing demand for nucleic acid purification, improved cloning efficiency, and tissue digestion. Additionally, the proteinase K is ideal for inactivation of enzyme cocktails. The growing importance of various chemicals in manufacturing, sectors like Food & Beverage, and its essential importance in deactivate of enzymes are expected to drive the proteinase K market. The proteinase K market is also expected to witness rising demand for microarray studies for rising illnesses like breast tumors among several others.

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    Global Proteinase K Market: Geographical Analysis

    North America region is expected to dominate growth in the proteinase K market. The market in the region is expected to be driven by growing research and technological advancements like 3D printing and tissue reengineering. The conventional legacy of the region in scientific research and growing initiatives by pharmaceuticals are expected to propel the proteinas K market in the near future. The market is expected to witness robust growth in Europe as well. Although the European region is also expected to dominate growth forecast, it is expected to lag behind Asia Pacific in the pace of growth. Asia Pacific is expected to emerge as the fastest growing region, thanks to increasing manufacturing activity, growing awareness about food contamination, and increased funding in research and development, especially in major countries like China.

    The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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    Arthritis Therapeutics Market –

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

    Companion Animal Diagnostics Market –

    https://www.biospace.com/article/companion-animal-diagnostics-market-in-house-disease-testing-of-pets-to-gain-popularity/


  • Oscillating Positive Expiratory Pressure (OPEP) Devices Market

    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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    E. coli Testing Market -

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  • Metabolomics Market to Reflect Impressive Growth Rate by 2024

    Transparency Market Research in its new report predicts that the global metabolomics market will undergo a tremendous transformation in the near future. The research report graphs the development of the metabolomics market in recent years and gives in detail information about overall working dynamics of the same. The competition in the market has been intense in the last few years and has been constantly escalating as leading players in the market are trying to maintain their position. Such intense competition in the market can be credited to the large number of medium, small, and large-scale enterprises that are functioning in the market.

    Each of these market players are trying to bolster their product portfolio by adopting aggressive marketing strategies. Strategies such as mergers and acquisitions are becoming increasingly common. Moreover, expansion of their production and manufacturing facilities has also been a key characteristic of the development strategies of the leading players in the metabolomics market. Some of the leading companies in the market are Thermo Fisher Inc., Human Metabolome Technologies, LECO, Shimadzu, Agilent Technologies, and Biocrates Life Sciences among others.

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    According to the research report, the global metabolomics market is projected to exhibit a massive CAGR of 17.10% for the given forecast period of 2016 to 2024. In addition to this, the market is expected to achieve a stellar valuation of US$2.49 bn by the fall of 2024.

    Developments in Pharma Sector to Push Market Growth

    The drug discovery sector and other associated sectors in the pharmaceutical domain have been identified as the chief contributors for the overall development of the global metabolomics market. In recent years, the customized medicines or personalized therapeutics have had massive breakthroughs due to the developments in the fields of life sciences, chemicals, and pharmaceuticals. This too has helped in the growth of the global metabolomics market. Rising activities of research and development and increasing funding or investments for the same have too played a crucial role in developing the metabolomics market in recent years. In addition to this, the governments across the globe have been supportive for such market developments and have offered lucrative business opportunities and subsidized facilities for further development. All these factors have thus contributed for the overall growth of the global metabolomics market.

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    Lack of Awareness among End-users to Restrict Market Development

    There are however, some factors that might hamper the growth of the global metabolomics market and stop it from reaching its full potential. One of the major restraining factors for the market growth has been the serious lack of awareness among the end-users about the benefits of metabolomics. Moreover, there has been a mixed response of the people towards using such technologies. This too has acted as a restraining factor for the market growth.

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    Clinical Laboratory Services Market –

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    Prosthetics Market –

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  • Skin Care Devices Market to Receive Overwhelming Hike in Revenues by 2023

    The global skin care devices market is considered as a highly competitive market with a large number of local and international players operating worldwide. According to the market research study that has been published by Transparency Market Research, the global market is likely to witness a substantial rise in the level of competition throughout the forecast period. The rising in the number of players that are expected to enter the market is another major factor that is estimated to enhance the competition among the leading players in the coming few years. Some of the leading players operating in the global skin care devices market are Valeant Pharmaceuticals, Lumenis Ltd., Cynosure, Syneron Medical Ltd., and ZELTIQ Aesthetics, Inc. In order to maintain their position, the key player focusing on the development of new products and innovations. Moreover, the rising mergers and acquisitions and collaborations is predicted to enhance the market growth in the next few years.

    As per the market intelligence study by Transparency Market Research, the global market for skin care devices is projected to reach a value of US$17.2 bn by the end of 2023. The market is estimated to register a promising growth rate in the next few years.

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    North America to Lead Skin Care Devices Market Followed by Europe

    From a regional viewpoint, North America is projected to lead the global skin care devices market with a large share of the market throughout the forecast period. The rising demand for skin care devices and the rising disposable income of consumers are some of the major factors that are projected to enhance the growth of the North America market in the next few years. In addition to this, the advent of new products and the rising focus on the research and development activities are further predicted to accelerate the growth of the market in the near future. North America is further projected to be followed by Europe and Asia Pacific. The rising population and the increasing awareness among consumers regarding the benefits of using skin acre devices are projected to accelerate the growth of the market in the near future.

    In terms of application, the global skin care devices market has been categorized into hair removal, damage repair, body contouring, disease diagnostic and treatment, skin rejuvenation, skin tightening, and cellulite reduction. Among these, the cellulite reduction segment is projected to lead the overall market with a large share in the coming few years. The high demand for cellulite reduction owing to the rising awareness among consumers is projected to enhance the growth of this segment throughout the forecast period.

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    Advent of New Skin Care Devices to Encourage Growth of Market

    The rising prevalence of skin cancer and the rising demand for non-invasive cosmetic procedures are considered as some of the key factors that are projected to enhance the growth of the global skin care devices market in the next few years. In addition to this, the expansion of the product portfolio and the increasing research and development activities are anticipated to accelerate the growth of the global market throughout the forecast period. On the flip side, the availability of substitute procedures and the high cost of skin care devices and procedures are projected to hamper the growth of the market in the near future. Nonetheless, the launch of new smart skin care devices, which are expected to ease up the complete procedure of treating several skin-related disorders are projected to offer lucrative opportunities for the key players in the coming years.

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    Hepatitis Therapeutics Market –

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    Self-injection Device Market –

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  • Telemedicine Technologies and Services Market Foreseen to Grow Exponentially by 2025

    Transparency Market Research (TMR) has published a new report titled, “Telemedicine Technologies & Services Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025”. According to the report, the global telemedicine technologies & services market was valued at US$ 21,000 Mn in 2016 and is projected to expand at a CAGR of 15% from 2017 to 2025. The report suggests that rise in geriatric population, increase in prevalence of chronic diseases such as diabetes, cardiovascular diseases, and others, surge in demand for self-care devices/solutions, increase in penetration of smartphones and Internet services, and shortage of health care personnel are likely to drive the telemedicine technologies & services market from 2017 to 2025.

    The global telemedicine technologies & services market is driven by emerging new and advanced technologies, increase in incidence of chronic diseases, and adoption of telemedicine solutions. Rise in geriatric population, surge in prevalence of long-term care conditions, increase in demand for self-care, and advances in mobile penetration, connectivity, and ICT services are the other factors propelling the global telemedicine technologies & services market. However, disparity of Internet quality and cyber threats are the major restraints of the global telemedicine technologies & services market.

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    The U.S. and China are projected to dominate the global telemedicine technologies & services market in the next few years, owing to increase in manufacturer focus for business expansion in these regions. Players are developing advanced telemedicine technologies & services products for research operations and entering into distribution agreements to strengthen their presence in the U.S. and China. Increase in adoption of technologically advanced products manufactured by local manufacturers drive the telemedicine technologies & services market in the U.K. The market in the country is expected to expand at a CAGR of 16% from 2017 to 2025

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    Services Segment Dominates the Market

    The report offers detailed segmentation of the global telemedicine technologies & services market based on component, specialty, and services. The component segment has been divided into hardware, software, and services. The services sub-segment is poised to account for leading share of the component segment during the forecast period from 2017 to 2025. Rise in demand for different telemedicine services such as teleradiology, teledermatology, and telepsychiatry drive the market. The services sub-segment is likely to register comparatively higher growth rate in terms of revenue during the forecast period. The software sub-segment is estimated to expand at the second highest growth rate during the forecast period.

    Dermatology and Neurology: Top Two Specialty Segments

    In terms of specialty, the dermatology segment is projected to account for significant share of the global telemedicine technologies & services market during the forecast period. The neurology segment is likely to expand at a high CAGR from 2017 to 2025. Dominance of the segment is attributed to increase in geriatric population and emergence of cost-effective medical care. In February 2018, Masimo received the U.S. FDA approval for its product Eve for Rad-97 Pulse COOximete, a critical congenital heart disease (CCHD) newborn screening application. Such continuous new product launches and exponentially rise in patient base in developed as well as developing countries are likely to drive the segment between 2017 and 2025. The gynecology segment is expected to expand at a CAGR of 16% during the forecast period. The cardiology and orthopedics segments accounted for combined share of 30.0% of the global telemedicine technologies & services market in terms of revenue in 2016.

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    High Growth of the Telemedicine Technologies & Services Market in the U.S. and China

    In terms of revenue, the U.S. was the leading market for telemedicine technologies & services in 2016. Increase in prevalence of chronic diseases, rise in government initiatives, surge in the number of installations of telemedicine solutions in various clinics/hospitals, and presence of a large number of suppliers and service providers of telemedicine solutions contribute to the major share of the U.S. However, cyber threats and disparity of Internet quality are likely to hamper the market. Rise in venture capital funding for telemedicine solutions, surge in government initiatives for adoption of telemedicine, increase in geriatric population, and rise in prevalence of chronic diseases such as diabetes and heart diseases are the factors likely to drive the telemedicine technologies & services market in China. Government initiatives and grants to increase adoption of telemedicine solutions is expected to boost the market in the U.K. Rise in geriatric population, high percentage of people residing in remote locations, surge in government initiatives, and increase in penetration of smartphone and Internet services are likely to augment the market in India. The market in India is projected to expand at a CAGR of 25% from 2017 to 2025.

    Highly Consolidated Market, with Top Players Accounting for Majority Share

    The report also provides profiles of leading players operating in the global telemedicine technologies & services market. McKesson Corporation, F. Hoffmann-La Roche Ltd., Medtronic, Koninklijke Philips N.V., GE Healthcare, LifeWatch, and Honeywell International, Inc., among others are the major players in the market. Expansion of telemedicine technologies & services product portfolio through partnerships to improve quality of product is a growing trend in the global telemedicine technologies & services market. In January 2018, Royal Philips and American Well entered into a strategic partnership to deliver virtual care solutions across the world. In October 2017, Medtronic announced that its Medtronic Care Management Services (MCMS) business had entered into a strategic partnership with American Well. Other prominent players in the global telemedicine technologies & services market include Aerotel Medical Systems Ltd., GlobalMed, and AMD Global Telemedicine, Inc.

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    Voice Prosthesis Devices Market –

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  • Regulatory Affairs Outsourcing Market Estimated to Flourish by 2023

    The global regulatory affairs outsourcing market is fragmented and a very small number of players have been able to acquire dominance in the market. There exists a large number of small and medium-sized companies in the market which is granting high bargaining power to clients and buyers. The competition between market players is extremely high. The players are competing with each other by differentiating their products and providing products in cheaper prices. The acceptance of electronic submissions on account of technological advancements by healthcare authorities and compliance agencies will drive the growth prospects of the global regulatory affairs outsourcing market, states Transparency Market Research (TMR).

    According to Transparency Market Research, the global regulatory affairs outsourcing market will be worth US$5,746.2 million by 2023, with the demand expanding at a notable CAGR of 10.1% during the forecast period of 2017 to 2023. On the basis of type of regulatory affairs services, it is expected that clinical trial applications and product registration segment will be gaining immense traction on account of patent expires, and need for developing new products due to the growing prevalence of chronic, bacterial, and viral diseases. As a number of products in clinical trials is increasing, the demand for product registration services and clinical trial application services is increasing.

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    Emerging Nations Holding Immense Growth Opportunities

    On the basis of geography it is expected that the emerging nations in Latin America and Asia Pacific will turn out to be extremely promising markets for regulatory affairs outsourcing. product development, rise in the commercialization units, increasing number of researches and availability of cheap resources and raw materials will drive the growth of this market in emerging economies. Also, the vast pool of patient population in Asia Pacific will create a favorable environment for growth. Many new entrants are using emerging nations for launching themselves in order to later on venture into the bigger markets of North America and Europe.

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    Realization that Outsourcing is Cost Effective and Resource Effective Favoring Demand

    According to the lead author of the support, the rising pace with which innovations are taking place in the medical sector, growing investments in research and development activities, and increasing competition between the players are helping the regulatory affairs outsourcing market to grow. Companies within the market are finding ways of reducing cost in order to attract more customers. The market is also growing due to the rising awareness and realization that outsourcing is cost-effective and resource effective way for the managing of data generated during approvals, clinical trials, and patent approvals.

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    Presence of Strict Regulatory Framework Governing Aspects of Marketing and Development of Drugs to Boost Growth of Market

    Also, in many countries there is a presence of strict regulatory framework which governs each aspect of development and marketing of clinical drugs and medical devices, which makes it necessary that the regulatory documents be as per the define guidelines. This is driving the preference for professional service providers who all free services such as efficient handling of data relating to regulatory affairs.

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  • Autologous Cell Therapy Market to Witness an Outstanding Growth by 2027

    Transparency Market Research (TMR) has published a new report titled, ‘Autologous cell therapy Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global autologous cell therapy market was valued at US$ 7.5 Bn in 2018 and is projected to expand at a CAGR of 18.1% from 2019 to 2027.

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    Overview

    • Cell therapy also termed as cellular therapy in which cellular components is injected into the patient (body) for better treatment outcome and to reduce side effects. A number of cells are used for cellular therapy treatment procedure such as T cells, stem cells, fibroblast, dendritic cells, chondrocyte etc.
    • Autologous cell therapy is an innovative therapeutic intervention in which patient’s own cells are used for the treatment procedure. Cells are cultured/engineered and expanded in-vitro and re introduced in the patient’s body for treatment purpose.
    • North America dominated the global autologous cell therapy market in 2018 and the trend is anticipated to continue during the forecast period. Highly structured health care industry, increased usage of autologous cell therapy for treatment of various autoimmune and neurological disorders, and new product launch are expected to drive the market in North America.
    • Asia Pacific is likely to be a highly lucrative market for autologous cell therapy and it is expected to expand at a high CAGR during the forecast period

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    Rise in Prevalence of Neurological Disorders & Cancer and Others to Drive Market

    • Increase in incidence of neurological disorders, cancer and autoimmune disorders are helps to drive the growth of this market during forecasted period.
    • Prevalence of several neurological disorders such as multiple sclerosis, Parkinson’s disease, and others are helps to drive the growth of this market during forecasted period. According to Multiple sclerosis Society, in 2019, around 2.3. Mn people living with multiple sclerosis by globally.
    • According to Parkinson’s Foundation, more than 10 million people worldwide are living with Parkinson disease.
    • Increasing incidence of various type of cancers is another major factor to increase the demand of autologous cell therapy. According to World Health Organization, Cancer is the second leading cause of death globally, and is responsible for an estimated 9.6 million deaths in 2018. Globally, about 1 in 6 deaths is due to cancer.

    Bone Marrow Segment to Dominate Market

    • Based on Source, the global autologous cell therapy market has been divided into bone marrow, epidermis, and others. The bone marrow segment dominated the global autologous cell therapy market in 2018 and the trend is projected to continue during the forecast period. This is because most of the mesenchymal and hematopoietic stem cells are extracted from the bone marrow. Bone marrow is the hub for most of the stem cells (major products are bone marrow based) and extensive R&D activities for bone marrow derived stem cells boost market growth. High preference and growing demand for bone marrow derived cells are likely to propel the segment in developed regions.
    • Epidermis segment is likely to be a highly lucrative market for autologous cell therapy and it is expected to expand at a high CAGR during the forecast period due to growing preference for stem cells/autosomal cells extracted from the skin as it is the largest organ in the body.

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    Neurology Segment to be Highly Lucrative Segment

    • In terms of application, the global autologous cell therapy market has been classified into branded neurology, orthopedic, cancer, wound healing, cardiovascular disorders, autoimmune disorders and others.
    • The neurology segment dominated the autologous cell therapy market due to high preference for cell therapy products for neurodegenerative diseases, rapid rise of stroke death worldwide, and favorable government support accentuates market growth.
    • The cancer segment is expected to expand at a significant CAGR by 2027. This is due to huge product in the pipeline development.

    Hospitals Segment to be Highly Lucrative Segment

    • In terms of end-user, the global autologous cell therapy market has been classified into hospital, ambulatory centers and research centers.
    • The hospitals segment dominated the autologous cell therapy market due to Most of the cell therapy procedures are performed in the hospitals as patient prefer hospital for cell therapy procedures for effective treatment.
    • The ambulatory centers segment is expected to expand at a fastest CAGR during the forecast period. This is due to cost-effective treatment as compared to hospitals, shorter waiting time, and rise in number of outpatient surgical procedures.

    North America to Dominate Global Market

    • In terms of region, the global autologous cell therapy market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global autologous cell therapy market in 2018, followed by Europe.
    • North America accounted for major share of the global autologous cell therapy market in 2018. This is attributable to increase in health care infrastructure, technological advancement towards innovative treatment and favorable government support accentuate market growth in the region. The federal government has been encouraging research institutions in making treatment options commercially viable. The FDA has been authorized to provide orphan drug designations to many of the therapies developed for rare diseases using cell therapy.
    • The autologous cell therapy market in Asia Pacific is anticipated to expand at a high CAGR from 2019 to 2027. This can be attributed to increasing medical tourism, growing contract research activities, and economic growth of certain emerging countries such as China and India, exhibiting faster growth.

    Competitive Landscape

    • The global autologous cell therapy market is fragmented in terms of number of players. Key players in the global market include Pharmicell Co., Inc., Castle Creek Biosciences, Inc., Vericel Corporation, Lineage Cell Therapeutics, Inc., BrainStorm Cell Therapeutics, Caladrius Biosciences, Inc., Opexa Therapeutics, Inc., Regeneus Ltd., Takeda Pharmaceutical Company Limited., Sangamo Therapeutics, U.S. Stem Cell, Inc. and other prominent players.

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  • Catheter-related Bloodstream Infections Market to Witness Widespread Expansion by 2030

    Catheter-related Bloodstream Infections Market: Introduction

    • Catheter-related bloodstream infections occur due to presence of bacteremia. It is one of the most frequent, lethal, and costly complications of central venous catheterization and the most common cause of nosocomial bacteremia. It is caused due to an intravascular catheter by quantitative culture of the catheter tip or by differences in growth between catheter and peripheral venipuncture blood culture specimens.

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    • Patient-related factors such as presence of distant infection, compromised integrity of the skin, granulocytopenia, and severity of illness increase the risk of bloodstream infection

    Key Drivers and Opportunities of Global Catheter-related Bloodstream Infections Market

    • Rise in prevalence of bloodstream infection is projected to drive the global market. An article published in Continuing Education in Anaesthesia, Critical Care & Pain stated that catheter-related bloodstream infections occur in ~3% of catheterizations; however, the incidence could be as high as 16%.
    • Serious effects associated with inaccurate diagnoses, such as procedural complications, lead to increase in morbidity and mortality. Hence, it is essential to make an accurate diagnosis of catheter-related bloodstream infections.

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    • Moreover, hospital-acquired infection increases the risk of CRBSI. According to the International Journal of Critical Illness and Injury Science, CRBSI accounts for 10% to 20% of hospital-acquired infections in the U.K.
    • Governments in developing countries are making significant investments toward modernization of health care infrastructure, which is likely to increase access to health care. Moreover, health care-acquired infection is a major issue in developing countries. Hence, increase in demand for the products owing to surge in patient population presents significant opportunity in the global market.

    North America to Capture Major Share of Global Catheter-related Bloodstream Infections Market

    • North America is projected to account for major share of the global catheter-related bloodstream infections market during the forecast period due to well-established health care infrastructure. Europe is anticipated to be the second largest market from 2020 to 2030.
    • The catheter-related bloodstream infections market in Asia Pacific is expected to grow at a rapid pace during the forecast period owing to rise in prevalence of hospital-acquired infections. According to the World Health Organization Department of Communicable Disease, the risk of health care-associated infection is 2 to 20 times higher in developing countries than in developed countries.

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    Key Players Operating in Global Catheter-related Bloodstream Infections Market

    The global catheter-related bloodstream infections market is highly consolidated due to the presence of small number of key players. These players hold major share in their respective regions. Demand for catheter-related bloodstream infections products has increased in emerging as well as developed markets owing to rise in prevalence of blood stream infections. Growth strategies and focus on research & development by key players are the factors likely to drive the global catheter-related bloodstream infections market. For instance, in February 2020, CorMedix, Inc. announced that Neutrolin received grant from the U.S. Food and Drug Administration for the prevention of catheter-related blood stream infections (CRBSIs) in hemodialysis patients.

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  • H2-Receptor Antagonists Market Set for Rapid Growth and Trend, by 2030

    H2-Receptor Antagonists Market: Introduction

    • Histamine H2 receptor antagonist, also known as H2-blockers, are a class of medications that are used in the treatment of acid-peptic disease including duodenal and gastric ulcers, inflamed stomach gastroesophageal reflux disease, common heartburn, and peptic ulcers. These medications are available over-the-counter (OTC) and with the doctor’s prescription. Common H2 receptor blockers include nizatidine, famotidine, and cimetidine.
    • In April 2020, the Food and Drug Administration (FDA) recalled all forms of withdrawal prescription and over-the-counter (OTC) ranitidine drugs from the U.S. market immediately. This recommendation was made, as unacceptable levels of N-nitrosodimethylamine (NDMA), a probable carcinogen (cancer-causing chemical), were found in some ranitidine products.

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    Key Drivers and Restraints of Global H2-Receptor Antagonists Market

    • High prevalence and increasing incidence of duodenal and gastric ulcers, inflamed stomach gastroesophageal reflux disease, and peptic ulcer disease in developed countries has led to the development of novel therapeutics drugs. Biopharmaceutical companies have made significant investments in R&D activities, and a large number of pipeline products are at different stages of clinical approvals, which are likely to commercialize during the forecast period.

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    • According to International Foundation for Gastrointestinal Disorders, Inc., the prevalence of gastroesophageal reflux disease (GERD) was 18.1% to 27.8% in North America, 8.8% to 25.9% in Europe, 2.5% to 7.8% in East Asia, 8.7% to 33.1% in the Middle East, 11.6% in Australia, and 23.0% in South America in 2019. GERD is a chronic and highly prevalent disorder that can potentially lead to serious medical complications, and the medical expense involved in the diagnosis, treatment, and management of the disease is significant.
    • Rising awareness about gastroesophageal reflux disease and acid-peptic disease, availability of treatment options, and management of these diseases, have increased the demand for the treatment of H2-receptor antagonists in developing countries. Governments and other non-profit organizations spread awareness and educate people about gastric acid management through campaigns and educational and clinical workshops.
    • Retail pharmacies is projected to be a highly attractive segment during the forecast period. Rising chain of retail pharmacies and easy access to these pharmacies are likely to propel the segment during the forecast period. Moreover, retail pharmacies are considered as the first point of contact for self-medication. Easy availability of pharmaceutical drugs and some integrin antagonists at retail pharmacies is projected to drive the retail pharmacies segment during the forecast period.

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    Asia Pacific to Lead Global H2-Receptor Antagonists Market

    • In terms of geography, the global H2-Receptor Antagonists market can be segmented into five key regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe are expected to hold major share of the global H2-receptor antagonists market during the forecast period, owing to developed health care infrastructure and large patient population along with increasing technological development in these regions.
    • Increase in government intervention in emerging markets has led to a surge in awareness about diseases and improvement in health care infrastructure. Additionally, socioeconomic development has been observed in emerging economies across Asia, Africa, and Latin America. These factors contribute to the overall increase in spending capacity of the population.

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    Key Players Operating in Global H2-Receptor Antagonists Market

    Manufacturers operating in the global H2-receptor antagonists market are increasingly investing in research & development of new and innovative techniques for new and improved dosage foam. These players are also focused on offering highly efficient and patient compliant products.

    Leading companies operating in the global H2-receptor antagonists market are:

    • Perrigo Company plc
    • Mylan N.V.
    • Fresenius SE & Co. KgaA
    • Teva Pharmaceutical
    • Apotex Inc.
    • AbbVie
    • Takeda
    • Roche
    • Celgene
    • Galapagos
    • Eli Lilly
    • Pfizer
    • EA Pharma Co. Ltd.
    • InDex Pharma

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  • Portable Dialysis Devices Market to Set Phenomenal Growth by 2030

    Global Portable Dialysis Devices Market: Introduction

    A typical hemodialysis needs three sessions per week, for 3-5 hours per session, at a medical facility. Hemodialysis involves pumping a patient’s blood through an external circuit for filtration, before it is pumped back into the body. Hemodialysis is a common type of dialysis for about 90% of all dialysis patients. Peritoneal dialysis utilizes the patient’s own abdomen across which waste is exchanged from the blood and flushed out regularly through a permanent tube in the abdomen.

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    Peritoneal dialysis does not require regular trips to a medical facility; however, it still requires regular treatment at home. Medicare coverage is extended to a person of any age who requires either dialysis or transplantation to maintain life. According to The Regents of the University of California, 750,000 people who live with end-stage renal disease (ESRD) are 1% of the U.S. Medicare population, but account for roughly 7% of the Medicare budget. Hemodialysis care costs the Medicare system an average of $90,000 per patient annually in the U.S., for a total of US$28 billion.

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    Key Drivers of Global Portable Dialysis Devices Market

    Increasing Number of ESRD Patients

    According to National Institute of Diabetes and Digestive and Kidney Diseases, the overall prevalence of chronic kidney disease (CKD) in the general population is approximately 14%. Diabetes and high blood pressure are key causes of CKD. Half the population of individuals having CKD is also combined with cardiovascular disease (CVD) and diabetes. 661,000 people in the U.S. have kidney failure, 468,000 individuals are on dialysis, and 193,000 live with a functioning kidney transplant. Every year, renal disease kills more people than breast or prostate cancer. In 2013, more than 47,000 people in the U.S. died from kidney disease. Estimates are that 2 million people worldwide suffer from ESRD, and the number of patients diagnosed with the disease continues to increase at a rate of 5% to 7% per year. Taiwan, Japan, Mexico, the U.S., and Belgium currently have the highest prevalence of ESRD.

    Limited Availability of Donor Organs

    Organ transplant is a cost-effective and life-saving option for patients with organ failure. According to American Medical Association, in the U.S., the supply of organs cannot meet the need of patients on the waiting list, resulting in prolonged morbidity and higher mortality for these patients. Approximately 7500 patients die yearly while awaiting an organ transplant. In the U.S., a suboptimal 54% of adults are registered organ donors, the lack follow up preventing a donation from 20% to 40% of eligible deceased donors.

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    North America to Account for Major Share of Global Portable Dialysis Devices Market

    • North America is projected to account for a major share of the global portable dialysis devices market during the forecast period. The market in the region is anticipated to expand at a rapid pace in the next few years due to an increase in research & development and various government initiatives for the development of novel ideas. Europe is expected to be the second-largest market, globally, during the forecast period.
    • The portable dialysis devices market in Asia Pacific is likely to expand at a high CAGR during the forecast period. This can be attributed to a rise in investment in research & development by private and government organizations and increase in healthcare management.

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    Key Players Operating in Global Portable Dialysis Devices Market

    The global portable dialysis devices market is highly consolidated, owing to the presence of a small number of key players. Leading players operating in the global portable dialysis devices market include:

    • B. Braun Melsungen AG
    • Baxter International Inc
    • AllMed Healthcare Management, Inc
    • Asahi Kasei Corporation
    • Fresenius Kabi AG
    • AWAK Technologies
    • Quanta Dialysis Technologies Ltd
    • Medtronic
    • Nipro

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  • Cardiac Safety Services Market Outlook, Trend, Growth and Share Estimation Analysis

    Cardiac Safety Services Market: Introduction

    • Cardiac safety services can be defined as services that deal with supporting and designing clinical trials and other studies required for the monitoring of cardiac safety
    • Cardiac safety services are focused on monitoring the entire cardiac safety profile across various phases of clinical trials, including Phase I to Phase IV. These studies are done in compliance with FDA, PMDA, EMA, and other regulatory bodies.

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    • Cardiovascular safety assessment services include non-invasive cardiac imaging, physiologic stress testing, platelet aggregation, ambulatory blood pressure monitoring, and other services, along with the QT studies
    • Integrated services offering cardiac safety services are mostly preferred owing to the bundling of services with focus on end-to-end development, as compared to the specificity of standalone services

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    Key Drivers and Restraints of Global Cardiac Safety Services Market

    • Robust expansion of the cardiac safety services market can be attributed to an increase in the number of clinical trials being conducted, significant increase in the outsourcing of clinical trials, and a rise in investments on research and development by pharmaceutical and biotechnology companies
    • Considerable expansion of biologics and biosimilars, strong pipeline of drugs, and technological advances in research and development, and drug discovery further boost the global cardiac safety services market
    • Increase in prevalence of cardiovascular diseases, rise in focus on the development of personalized medicines, and an increase in focus on research and development for the development of customized drugs propel the cardiac safety services market
    • However, the high costs associated with safety evaluation of cardiovascular drugs is projected to hamper the cardiac safety services market

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    North America to Lead Global Cardiac Safety Services Market

    • In terms of region, the global cardiac safety services market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
    • North America dominated the global cardiac safety services market in 2019, owing to significant presence of leading market players, strong product pipeline, increase in investments on research and development, and a rise in the prevalence of cardiovascular diseases in the region
    • Europe followed North America in terms of share of the global cardiac safety services market in 2019. The market in Asia Pacific is projected to expand at a rapid pace, followed by Latin America and Middle East & Africa. Growing focus of governments of countries in Asia on enhancing health care facilities, increasing focus of market players on Asia Pacific for outsourcing of research activities, arise in the prevalence of cardiovascular diseases contributing to the increase in the research pool, and availability of labor at lower costs fuel the global cardiac safety services market.

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    Key Players Operating in Global Cardiac Safety Services Market

    Market players are focused on expansion of their presence in the global cardiac safety services market, primarily by adopting inorganic growth strategy. Leading players operating in the global cardiac safety services market are:

    • Biotrial
    • Banook Group
    • Bioclinica
    • Certara L.P.
    • Celerion, Inc.
    • ERT, Inc.
    • Laboratory Corporation of America Holdings
    • Medpace Holdings, Inc.
    • Ncardia AG
    • Richmond Pharmacology
    • PhysioStim
    • IQVIA

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  • Respiratory Infectious Disease Treatment Market Overview and Regional Outlook Study

    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

  • Failed Back Surgery Syndrome (FBSS) Treatment Devices Market: Lucrative Opportunities

    Failed Back Surgery Syndrome (FBSS): Introduction

    • Failed back surgery syndrome (FBSS) is a medical condition characterized by persistent pain or new pain after spinal surgery for back or leg pain
    • FBSS can be described as persistent or recurring pain after spinal surgery. A patient who has undergone spinal surgery could experience pain immediately after surgery or it may take months. The pain could get chronic over a period and the patient may feel that the pain symptoms never got better or perhaps it even got worse than before surgery.
    • Several factors contribute to FBSS such as poor selection for surgery, unnecessary surgery, improper or inadequate surgery, and misdiagnosis of underlying medical conditions
    • Low back pain is one of the leading causes of morbidity and disability across the globe and its global incidence rate is 9.4%.

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    • FBSS has become a major challenge for spinal physicians and surgeons associated with treatment of spinal disorders across the globe
    • A multidisciplinary approach is most appropriate for relieving the symptoms of FBSS. Treatment for FBSS includes usage of anticonvulsant drugs, neuromodulation devices, physical therapy, behavioral modification, radiofrequency ablation, lysis of postoperative adhesion, and even reoperation.

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    Global Failed Back Surgery Syndrome (FBSS) Treatment Devices Market: Key Drivers

    • Expanding indications for spinal surgery, high prevalence of low back pain, and rapidly aging population across the globe are the major factors driving the global FBSS treatment devices market
    • For instance, 60% to 80% of the global population experiences low back pain once in the lifetime. Around 10% of the individuals suffering from low back pain have symptoms that persist for more than three months.
    • Increase in the geriatric population, which is more prone to low back pain and other spinal cord related injuries and or disorders, is a prominent factor projected to boost the growth of the global market during the forecast period
    • New product development, technological advancements in the implantable neurostimulation devices, new entrants with promising outcomes, and increased access to health care in developing countries are anticipated to drive the global market in the near future
    • However, high cost of devices and high cost of postoperative pain management treatment are expected to restrain the global market

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    Spinal Cord Stimulators Segment to Dominate Global Market

    • In terms of product, the global FBSS treatment devices market can be classified into spinal cord stimulators, neuroablation devices, and others. The spinal cord stimulators segment is projected to dominate the global market during the forecast period.
    • Spinal cord stimulators are implantable medical devices most commonly used for management of chronic pain and in cases where other treatment options have failed to relieve pain. Spinal cord stimulator blocks the transmission of pain signals via electrical stimulation. Spinal cord stimulators are becoming increasingly popular among physicians and patients owing to high efficacy over other treatment devices.
    • The neuroablation devices segment is anticipated to grow at a rapid pace during the forecast period

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    Hospitals to be Highly Attractive Segment

    • Based on end-user, the global FBSS treatment devices market can be bifurcated into hospitals and ambulatory surgery centers. The hospitals segment is expected to dominate the global market during the forecast period.
    • Large number of surgical procedures performed at hospitals and increase in number of new hospitals in emerging countries such as Brazil, Mexico, India, and China are attributed to the segment’s dominant share during the forecast period.

    Asia Pacific FBSS Treatment Devices Market to Expand Rapidly

    • In terms of region, the global FBSS treatment devices market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
    • North America is likely to dominate the global market during the forecast period. High prevalence of low back pain, well-established health care facilities, and rapidly increasing geriatric population are projected to contribute to the region’s dominant market share during the forecast period.
    • Around 80% of the population of the U.S. experiences back pain at some point in their lifetime. Around 7 million people in the country are affected by disability or partial disability due to chronic low back pain.
    • The FBSS treatment devices market in Asia Pacific is anticipated to expand at the highest CAGR during the forecast period. Rapid growth of the market in the region is attributed to increase in number of hospitals and ambulatory surgery centers, improving health care infrastructure, and rise in population with spinal and orthopedic disorders in China and India.
    • High growth rate of the health care industry, easy access to health care facilities, and increase in investments in health care by leading players in Asia Pacific are expected to fuel the growth of the market in Asia Pacific

    Key Players Operating in Global Failed Back Surgery Syndrome (FBSS) Treatment Devices Market

    • The global failed back surgery syndrome (FBSS) treatment devices market is highly consolidated, with small number of domestic players holding majority market share. Key players operating in the global failed back surgery syndrome treatment devices market are:
      • Boston Scientific Corporation
      • Medtronic plc
      • Stryker Corporation
      • Johnson & Johnson
      • Avanos Medical Devices
      • Abbott Laboratories
      • Cosman Medical
      • AngioDynamics, Inc.
      • Other Prominent Players

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  • Otoplasty Market - Competitive Landscape and Key Product Segments

    Otoplasty: Introduction

    • Otoplasty, also known as cosmetic ear surgery, is a procedure for changing position, shape, or size of the ears. It involves surgical reshaping of the pinna or outer ear in order to improve its appearance or to correct defects, if any.

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    • The procedure is more common during childhood but also can be performed at any age after the ears have reached their full size. It can also be done at the age of three.
    • Otoplasty can be used to correct he defects that are present in the ear structure at the time of birth. The procedure can treat macrotia, a condition having overly large ears and protruding ears
    • Scarring, asymmetry in ear placement, changes in skin sensation, problems with stitches, and overcorrection are various risk associated with otoplasty

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    Key Drivers and Restraints of Global Otoplasty Market

    • Increase in awareness about appearance of the ear among the youth; rise in adoption of cosmetic surgeries; and increase in prevalence of congenital ear deformities such as hemifacial microsomi, Treacher Collins syndrome, and others drive the global otoplasty market
    • Increase in cases of trauma to the external ear resulting from blasts, puncture, and damage due to blunt objects are projected to drive the global market during the forecast period
    • Furthermore, increase in influence of cosmetic surgery; psychological impact of appearance, looks, and beauty on young generation; and increase in screening for deformities at birth are projected to boost the growth of the market during the forecast period

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    Ear Augmentation Segment to Account for Major Share of Global Otoplasty Market

    • In terms of type of fittings, the global otoplasty market can be classified into ear augmentation, ear reduction, and ear pin back
    • The ear augmentation segment is anticipated to dominate the global market during the forecast period, owing to increase in demand for otoplasty for ear augmentation to improve appearance and rise in number of ear surgeons offering otoplasty under reconstructive surgery

    Surgical Segment to Capture Major Share of Global Market

    • Based on technique, the global otoplasty market can be categorized into surgical and non-surgical. The surgical segment is further divided into anti-helical fold manipulation, conchal alteration, and correction of earlobe prominence. The non-surgical segment is bifurcated into tissue molding and others.
    • The surgical segment is expected to account for major share of the global otoplasty market by 2027. This can be attributed to growing number of patients preferring cosmetic surgery for ear augmentation and rise in availability of surgical augmentation of ear.

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    North America to Dominate Global Otoplasty Market

    • In terms of region, the global otoplasty market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to dominate the global otoplasty market during the forecast period.
    • Increase in prevalence of congenital ear deformity and increase in number of cosmetic surgical procedures is anticipated to drive the market in North America
    • As per the Plastic Surgery Statistics Report, 22,884 otoplasty procedures were conducted in the U.S. in 2018. Out of these, 13,289 procedures were performed on female patients.

    Key Players Operating in Global Otoplasty Market

    The global otoplasty market is highly fragmented, with a large number of domestic players accounting for major market share. Key players operating in the global otoplasty market include:

    • Allergan (AbbVie Inc.)
    • Invotec International, Inc.
    • Sklar Surgical Instruments
    • EarBuddies
    • Phoenix Medical Systems Pvt. Ltd.

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  • Fetal Bovine Serum Market Shares, Strategies, and Forecasts Analysis

    Transparency Market Research (TMR) has published a new report titled, ‘Fetal Bovine Serum Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global Fetal Bovine Serum Market was valued at US$ 910.6 Mn in 2018 and is projected to expand at a CAGR of 5.8% from 2019 to 2027.

    Overview

    • Fetal bovine serum (FBS) is used as a supplement to basal growth medium in cell culture because of its high content of embryonic growth promoting factors.
    • The serum provides a wide variety of macromolecular proteins, low molecular weight nutrients, carrier proteins for water insoluble components, and other compounds necessary for in vitro growth of cells, such as hormones and attachment factors and also adds buffering capacity to the medium and binds or neutralizes toxic components.
    • Fetal bovine serum (FBS)-based media remains the gold standard for MSC isolation and expansion for both basic research and clinical application and has been defined as common protocol by the Developmental Committee of the European Group for Blood and Marrow Transplantation (EBMT).
    • North America dominated the global Fetal Bovine Serum Market in 2018 and the trend is anticipated to continue during the forecast period. Highly development of biopharmaceuticals and funding available from the government are expected to drive the market in North America.
    • Asia Pacific is likely to be a highly lucrative market because of the research and development in the region and it is expected to expand at a high CAGR during the forecast period

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    Rising consumption of fetal bovine serum in emerging markets drive the market

    • There is a demand in emerging countries such as China, India, South Korea, and countries of the Middle East for fetal bovine serum market and it is increasing. China imported fetal bovine serum from the U.S. to fulfill the domestic demand.
    • The consumption of fetal bovine serum imported from the U.S. by South Korea in 2015 stood at 20,000 liters, which is expected to increase in the next few years
    • The increasing number of contract research organizations in Asia, especially China and India, is driving the demand for fetal bovine serum in the region. This, in turn, is expected to drive the global fetal bovine serum market during the forecast period.

    Cell Culture Media Segment to Dominate Market

    • Based on Application, the global Fetal Bovine Serum Market has been divided into Drug Discovery, Cell Culture Media, In vitro Fertilization, Human and Animal Vaccine production, Diagnostics and Others
    • The Cell Culture Media segment dominated the global Fetal Bovine Serum Market in 2018 and the trend is projected to continue during the forecast period. Increase in use of Cell Culture Media to accelerate the growth of the segment.
    • The research and development carried out in various region boost the Cell Culture Media segment market during the forecast period.

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    Industry (pharma, biotech, etc.) to be Highly Lucrative Segment

    • In terms of end user, the global Fetal Bovine Serum Market has been classified into Research & Academic Institutes and Industry (pharma, biotech, etc.).
    • The Industry (pharma, biotech, etc.) segment dominated the Fetal Bovine Serum Market due to increased R&D and production of vaccines and rise in biopharmaceutical industry.

    North America to Dominate Global Market

    • In terms of region, the global Fetal Bovine Serum Market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global Fetal Bovine Serum Market in 2018, followed by Europe.
    • North America dominated the global Fetal Bovine Serum Market in 2018 and the trend is anticipated to continue during the forecast period. Highly development of biopharmaceuticals and funding available from the government are expected to drive the market in North America.
    • The Fetal Bovine Serum Market in Asia Pacific is anticipated to expand at a high CAGR from 2019 to 2027. This can be attributed to rapid economic growth in developing economies such as India, China, Indonesia, Vietnam, South Korea, and the Philippines.

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  • Alcoholic Hepatitis Therapeutics Market: Business Overview and Global Development Trends

    Alcoholic Hepatitis Therapeutics Market: Introduction

    According to the report, the global alcoholic hepatitis therapeutics market was valued at US$ 623.6 Mn in 2019 and is projected to expand at a CAGR of 6% from 2020 to 2030. Alcoholic hepatitis is a liver infection caused due to frequent and high consumption of alcohol. Fat that builds up in liver cells can lead to inflammation and scarring of the liver. The infection can be mild or severe. A patient may need a liver transplant if he does not receive treatment or stop consuming alcohol during the early stages. Different types of therapeutics are used in the treatment of alcoholic hepatitis, including corticosteroids, hemorrheologic agents, and anabolic steroids. The growth of the global alcoholic hepatitis therapeutics market can be ascribed to increase in prevalence of the alcoholic liver disease and rise in rate of consumption of alcohol across the globe.

    North America dominated the global alcoholic hepatitis therapeutics market in 2019. This trend is anticipated to continue during the forecast period. Highly structured healthcare industry, early new product adoption, high prevalence rate of alcoholic hepatitis, and presence of major players are estimated to drive the alcoholic hepatitis therapeutics market in North America. Asia Pacific is likely to be a highly lucrative region of the global alcoholic hepatitis therapeutics market. It is projected to expand at a fast-paced CAGR during the forecast period.

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    Increase in Prevalence of Alcoholic Liver Disease and Rise in Alcohol Consumption Rate to Drive Global Market

    Increase in the number of patients afflicted with the alcoholic liver disease across the globe is a key factor driving the global alcoholic hepatitis therapeutics market. Around 88,000 people succumb to alcohol-related diseases annually, making alcohol the fourth leading preventable cause of death in the U.S. Rise in the rate of consumption of alcohol across the globe, especially in developed countries such as the U.S., is expected to boost the market in the near future. The use of alcohol varies throughout the world; the U.S. and Europe record the highest usage of alcohol. Around 67.3% of the population in the U.S. consumes alcohol in the U.S; of this, 7.4% meets the criteria for alcohol abuse.

    Strong product pipeline is also anticipated to propel the global alcoholic hepatitis therapeutics market during the forecast period. For instance, Generon Pharmaceutical Technology (Shanghai) Co., Ltd. has an innovative product, F-652, in phase 2 of clinical trial.

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    Corticosteroids Treatment to Dominate Alcoholic Hepatitis Therapeutics Market

    Based on treatment, the global alcoholic hepatitis therapeutics market has been divided into corticosteroids, hemorrheologic agents, anabolic steroids, and others. The corticosteroids segment dominated the global alcoholic hepatitis therapeutics market in 2019. This trend is projected to continue during the forecast period. Corticosteroids are considered the first line of treatment in the management of alcoholic hepatitis. Thus, the segment accounts for significant share of the global alcoholic hepatitis therapeutics market.

    Corticosteroids was followed by the hemorrheologic agents segment in terms of market share in 2019. Various clinical trials are being conducted to establish the efficacy of pentoxifylline in managing severe alcoholic hepatitis. This is augmenting the hemorrheologic agents segment.

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    Mild to be Highly Lucrative Application Area of Alcoholic Hepatitis Therapeutics Market

    In terms of application, the global alcoholic hepatitis therapeutics market has been bifurcated into mild and severe/chronic. The mild segment accounted for a prominent share of the global alcoholic hepatitis therapeutics market in 2019, owing to rise in awareness about the ill effects of alcohol and early diagnosis of the disease.

    Hospital Pharmacies to be Major Distribution Channel

    In terms of distribution channel, the global alcoholic hepatitis therapeutics market has been classified into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies segment led the global alcoholic hepatitis therapeutics market in terms of revenue in 2019. The trend is expected to continue during the forecast period. Rapid increase in the number of hospitals and a wide range of services available in multispecialty hospitals are likely to boost the segment during the forecast period. Rise in the number of patients opting for retail pharmacies, due to a large number of product brands available at discounted prices at these pharmacies, is estimated to drive the retail pharmacies segment during the forecast period.

    North America to Dominate Alcoholic Hepatitis Therapeutics Market

    In terms of region, the global alcoholic hepatitis therapeutics market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global alcoholic hepatitis therapeutics market in 2019. It was followed by Europe. Significant share of North America can be ascribed to the increase in the number of people with alcoholic hepatitis, new product launches, and presence of major players in the region. Furthermore, high consumption of alcohol, poor diet, and obesity are some of the common factors boosting the market in the region.

    The alcoholic hepatitis therapeutics market in Asia Pacific is anticipated to expand at a fast-paced CAGR from 2020 to 2030. This can be ascribed to the presence of developing economies with commercial hubs, expanding business organizations, growing awareness about alcoholic hepatitis, improving health care infrastructure, and rising investments by companies in their technical aspects.

    Competition Landscape of Alcoholic Hepatitis Therapeutics Market

    The global alcoholic hepatitis therapeutics market is fragmented in terms of number of players. Key players operating in the global market include Gilead Sciences, Inc., Sanofi, Generon Pharmaceutical Technology (Shanghai) Co., Ltd., Immuron Ltd., and Intercept Pharmaceuticals, Inc.

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  • Warts Therapeutics Market Trends and Growth Factors Analysis

    Warts Therapeutics Market: Introduction

    According to the report, the global warts therapeutics market was valued at US$ 1.7 Bn in 2019. It is projected to expand at a CAGR of ~3% from 2020 to 2030. Warts are skin growth caused by the human papillomavirus (HPV). There are more than 60 types of HPV, some of which tend to cause warts on the skin. Topical treatments could predictably resolve warts in a few weeks with minimal side effects. Topical treatment of may not be effective all the time. Hence, cryotherapy with liquid nitrogen is a suitable option for treatment, where cure rate is 60% to 90% with less than 20% to 10% recurrence rate. North America dominated the global warts therapeutics market in 2019. The trend is anticipated to continue during the forecast period. Rise in awareness regarding different treatment option and launch of new products in the region are estimated to drive the warts therapeutics market in North America.

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    Recurrence of Warts to Drive Warts Therapeutics Market

    Warts is a highly common disease, which may regress spontaneously. It persists for years and recurs at the same or different sites, even with treatment. Factors influencing recurrence appear to be related to the patient’s overall immune status as well as local factors. As per an article published in NCBI, the recurrence rates for genital warts treated with topical podophyllotoxin treatments is 6% to 100%. According to the Centers for Disease Control and Prevention, recurrence of anogenital warts within 3 months is common. Thus, increase in recurrence rate of warts leads to increase in utilization of products and treatment and this drive the market for warts therapeutics.

    Common Warts to Dominate Warts Therapeutics Market

    Based on warts type, the global warts therapeutics market has been classified into common warts, genital warts, flat warts, and others. Common warts is a cutaneous viral infection caused by HPV. Students are more prone to acquiring common warts, owing to increased chances of contact with multiple individuals in schools and colleges. According to numerous published journals, among different warts, common warts are a highly common type of warts.

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    Physical Destruction to be Highly Lucrative Treatment Type

    In terms of treatment type, the global warts therapeutics market has been segmented into physical destruction, chemical destruction, and immunomodulation. The physical destruction segment held a major share of the global market in 2019. Currently, physical destruction, such as cryotherapy with liquid nitrogen, represents the first line of therapy treatment for warts such as common warts, genital warts, which provides cure rates of 50% to 80%. This drives the physical destruction segment of the global warts therapeutics market.

    Clinics to be Major End User

    In terms of end user, the global warts therapeutics market has been classified into hospitals, clinics, and others. The preference for outpatient treatment to avoid hospital stay is a key factor that drives the segment. Moreover, an increase in number of clinics with advanced treatment options for warts is anticipated to drive the segment.

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    North America to Dominate Global Warts Therapeutics Market

    In terms of region, the global warts therapeutics market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global warts therapeutics market in 2019, followed by Europe. North America accounted for a major share of the global warts therapeutics market in 2019. According to available data, the prevalence of common warts 22 million among men and women, and more than 8% diagnosed annually.

    Competition Landscape

    The global warts therapeutics market is fragmented in terms of number of players. Key players in the global warts therapeutics market include GlaxoSmithKline plc, Pfizer, Inc., Teva Pharmaceutical Industries Ltd, Phio Pharmaceuticals Corp., Verrica Pharmaceuticals, Bausch Health Companies, Inc. Mylan N.V., Prestige Consumer Healthcare Inc., Scholl’s Wellness Co. Taro Pharmaceutical Industries Ltd., Cipla Ltd., Novan Inc., Merck & Co., Inc., and AIM ImmunoTech, Inc.

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  • Vascular Stents Market - Major Factors Driving the Industry

    Vascular Stents Market: Introduction

    According to the report, the global vascular stents market was valued at US$ 7.6 Bn in 2018 and is projected to expand at a CAGR of ~5% from 2019 to 2027. Rise in prevalence of cardiovascular diseases and increase in demand for minimally invasive surgeries are anticipated to drive the global vascular stents market from 2019 to 2027. North America is expected to account for a significant share of the global vascular stents market during the forecast period. Significant growth of the market in the U.S., owing to high consumption of interventional cardiology devices and continuous rise in number of patients with blocked arteries and other cardiovascular diseases, drive the market in the region. Rise in preference for minimally invasive treatment options, such as angioplasty and other percutaneous coronary intervention (PCI) procedures in the region, is expected to drive the vascular stents market in the region during the forecast period. The market in Asia Pacific is likely to expand at a high CAGR of ~6% from 2019 to 2027. This can be attributed to rise in demand for vascular stents due to increase in cardiovascular diseases in the region.

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    Surge in Uptake of Technologically Advanced Coronary Stents to Propel Market

    The global vascular stents market is responding positively to new and innovative coronary stents, with increasing uptake of technologically advanced coronary stents. Drug eluting stents (DES) are comparatively newer to bare metal stents (BMS) and have been able to capture the latter’s market share of the global vascular stents market to become market leader. Presently, bioresorbable stents are increasingly being prescribed by healthcare professionals due to their added benefits. This is expected increase the revenue share of the bioresorbable stents segment in the near future.

    Various new and technologically advanced coronary stents are available in the market such as bioactive stents, biodegradable polymer based drug eluting stents, bifurcated BMS, and bifurcated DES. These stents have been able to penetrate such markets where BMS or DES were already established due to their advantages over traditional coronary stents. These stents have been clinically proven to cause no or minimum side effects of stenting such as in-stent restenosis, late-stent restenosis, thrombosis, and delayed antiplatelet therapy, which were prevalent in treatment with conventional stents.

    Thus, a surge in uptake of technologically advanced coronary stents such as bioresorbable stents is expected to drive the demand for vascular stents during the forecast period.

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    Coronary Artery Stents to Dominate Market

    In terms of type, the global vascular stents market has been divided into coronary artery stents, peripheral vascular stents, and neurovascular stents. Coronary artery stents segment is further categorized into bare metal stents, bioresorbable stents, covered stents, and drug eluting stents. Peripheral vascular stents segment is further divided into sub-segments, including fem-pop artery stents, iliac artery stents, and infrapop artery stents. The dominance of the segment can be attributed to rise in prevalence of coronary artery diseases across the globe.

    According to the National Heart Foundation of Australia, coronary heart disease is a leading cause of death in Australia, affecting 1.2 million people each year. According to the European Heart Network, CVD causes 3.9 million deaths in Europe each year.

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    Self-expanding Stents to be Highly Attractive

    In terms of delivery method, the global vascular stents market has been classified into balloon expandable stents and self-expanding stents. The self-expanding stents segment is likely to dominate the global vascular stents market during the forecast period due to increase in the usage of self-expanding stents. Self-expanding stents offer improved clinical outcomes, as they induce less injury at implantation and achieve better vessel wall apposition.

    Cobalt-Chromium Stent to Account for Major Share

    Based on material, the global vascular stents market has been categorized into cobalt-chromium stent, platinum-chromium stent, nitinol stent, stainless steel stent, and bioresorbable polymer stent. The cobalt-chromium stent segment is anticipated to constitute significant share of the global vascular stents market by 2027. Advantages offered by cobalt chromium, such as strength, non-ferromagnetism, biocompatibility, and high resistance to corrosion and fatigue are expected to increase the usage of cobalt chromium for stents during the forecast period. However, the bioresorbable polymer stent segment is expected to grow at a faster rate during the forecast period. Quality healing, advanced design, and outstanding safety offered by bioresorbable polymer stents are expected to drive the segment during the forecast period.

    Asia Pacific Market to Expand Significantly

    In terms of revenue, North America is projected to dominate the global vascular stents market from 2019 to 2027. North America’s prominent share of the global vascular stents market in 2018, due to the presence of higher number of people with cardiovascular diseases in the region. According to American Heart Association Research, between 2013 and 2016, 121.5 million adults in the U.S. had some form of cardiovascular disease. However, the vascular stents market in Asia Pacific is anticipated to expand at a relatively high CAGR during the forecast period. Factors, such as increase in the prevalence of coronary artery disease in Asia Pacific as compared to Western countries such as the U.S., Canada, and Germany, and increase in usage of metal stents for the treatment of coronary artery diseases, owing to advancement in efficacy and safety of new drug eluting stents, are expected to drive the vascular stents market in Asia Pacific during the forecast period.

    Competition Landscape

    The report also provides profiles of leading players operating in the global vascular stents market. These include Abbott Vascular (Abbott Laboratories), Cordis Corporation (A Cardinal Health Company), Medtronic, Boston Scientific Corporation, BIOTRONIK AG, Lifetech Scientific, C. R. Bard, Inc. (Becton, Dickinson and Company), Biosensors International Group, Ltd., Cook Medical, and W. L. Gore & Associates, Inc.

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