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Market Highlights

Flow cytometry is a technique used to identify the characteristics of a cell or a particle using a laser beam. Flow cytometry is used in various research and development activities and it also has applications in medical diagnostics. The growing adoption of new technology, increasing use of flow cytometry in diagnostics, and increasing applications of flow cytometry in pharmaceutical research and development are the major factors driving the growth of the global flow cytometry market. Additionally, increasing R&D spending and aggressive strategies adopted by the top players, such as new product launches, are contributing to the growth of the market. For instance, in January 2016, Sysmex America Inc. has introduced New CyFlow monoclonal antibodies in the market, this new reagent was introduced in the American market which will be available for use in academic as well as clinical research and commercial manufacturing.

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The high costs associated with flow cytometry instruments and reagents, lack of awareness about applications of flow cytometry and a shortage of technicians may hamper the growth of the market during the assessment period.

Key Players

Some of the key players in the flow cytometry are Beckman Coulter, Inc., Becton, Dickinson and Company., Danaher., Thermo Fisher Scientific, Merck KGaA, Bio-Rad Laboratories, Inc., Luminex Corporation., Miltenyi Biotec, Sysmex Partec GmbH Agilent Technologies, Inc., Sony Corporation, Biomérieux S.A., and Enzo Biochem Inc.

Segmentation

The global Flow Cytometry Market Trends has been segmented on the basis of products & services, technology, application, and end-user.

On the basis of products & services, the market has been classified as reagents and consumables, flow cytometry instruments, services, software, and accessories. The flow cytometry instruments segment has been further divided into cell analyzers and cell sorters.

The market by technology has been divided into cell-based flow cytometry and bead-based flow cytometry.

 The application segment has been divided into research applications, clinical applications, and industrial applications. The research applications segment has been segmented into pharmaceutical and biotechnology and immunology. The pharmaceutical and biotechnology sub-segment has been divided into drug discovery, stem cell research, and in vitro toxicity testing. Furthermore, the immunology segment has been sub-segmented into cell sorting, apoptosis, cell cycle analysis, cell viability, cell counting, and other research applications. The clinical applications segment includes cancer, hematology, immunodeficiency diseases, organ transplantation, and other clinical applications.

The market, by end-user, has been segmented into commercial, research institutes, hospitals and clinics, and academic institutes.

Regional Analysis

The market in the Americas is expected to dominate the global flow cytometry market during the forecast period owing to the technological advancement, increasing prevalence of autoimmune diseases, and well-established healthcare sector in the region. The European market is expected to be the second-largest due to the increasing number of cancer patients in the region and government funding and support of the healthcare sector. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the forecast period owing to increasing awareness about healthcare, increasing research and development activities and favorable government initiatives for the establishment of healthcare facilities. The market in the Middle East & Africa is likely to account for the smallest share of the global flow cytometry market.

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Worldwide Industry - Analysis

The global pulse oximeters market is anticipated to grow magnificently in the forecast period (2017 to 2023). It should record an approximate CAGR of 6.5 percent during the said period. These devices would observe rapid growth in the coming years, owing to the ability of pulse oximeters to check the health of patients at their homes & convenience and accurate detection of significant ailments. Taking into account the worldwide scenario, the industry has a huge potential for further expansion.  

The market is also propelled by burgeoning aged populace & chronic disorders. On the contrast, absence of awareness regarding the availability of effective treatments prevent the industry from gaining more shares. Rise in medical expenses and the need for ‘on-the-spot’ monitoring are projected to offer lucrative opportunities to the market. Obesity, unhealthy eating choices, and inactive lifestyles may contribute to cardiac ailments, driving the growth of pulse oximeters.

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Escalating development of alternative treatments, adoption of oximeter devices, & use of low perfusion technologies are the other key industry drivers. These devices are adopted for recording the vital signs of patients & paramount to their healthy existence. The promotion of oximeter devices with novel & advanced properties is said to offer prospects to industry participants. Wider prevalence of sleep apnea, chronic obstructive pulmonary diseases, and cardiac irregularities can also propel market growth in the near future.

With time, more user-friendly & high-tech devices have come to the fore, leading to higher growth. Higher demand for homecare facilities & patient comfort is resulting in better industry opportunities. Speedy authorizations on advanced technologies and the demand for remote patient monitoring are also said to boost the incomes.

Division/Classification

The overall industry is categorized into products, applications, and geographies. By products, the market is segmented on the basis of fingertip, handheld, etc. Homecare, hospitals, cardiac & breathing centers, and other kinds of healthcare establishments constitute the applications. Geographical regions contain Europe, the Middle East and Africa, Americas, and Asia Pacific.

Leading Sub-Segments

Handheld devices have been dominating the industry. Their revenues were credited to the increasing adoption of ‘key parameter’ checking devices and growing surgeries across the globe. The premature detection of chronic disorders leads to availing innovative therapies & having lesser complications. This has been made possible with handheld devices.

Fingertip instruments are also gaining recognition, with customers opting them for their non-invasive characteristics. These devices are, however, the most profitable sub-segment of the products Pulse Oximeters Market Share. They are very convenient to handle and are being regularly sold at Walmart and other malls. Among applications, medical facilities and hospitals led the market and will continue likewise throughout the forecast period.

Americas generated the largest sales in the past and would maintain its leadership till 2023. The compulsory testing of new born babies enforced by the CDC (Centers for Disease Control and Prevention) is the main propeller behind this leadership. Asia Pacific is projected to grow at the fastest rate from 2017 to 2023. Huge investments by regional participants drive it.

Advanced Trends and Players & Their Strategies

In 2017, Masimo introduced 2 patient monitoring devices in India. Both the products are very promising and hope to improvise the monitoring abilities of national clinicians. Few among the many eminent players investing in the global industry are CAS Medical Systems, Nonin Medical, Spacelabs Healthcare, and GE Healthcare.

Oxitone is yet another firm that believes in modern and high-tech patient care. With the help of its products, patients have been able to live healthily & happily. Its patents also facilitate the monitoring of pulse oximetry from anywhere and anytime. The company’s products are very convenient to use and have other advantages as well. This factor bodes well for the firm and raises its incomes

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Key Players

Some of the major players in this market are Boston Scientific Corporation, Koninklijke Philips N.V, Abbott, Medtronic plc, B. Braun Melsungen AG, Becton, Dickinson and Company, Terumo Corporation, LuMend Corporation (US), Covidien AG (Ireland), ACIST Medical Systems (US), and Cook Medical Inc. (US).

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Market Highlights

Catheters, a thin tube like medical devices inserted into a body cavity, duct, or vessel. They are used in drainage, administration of fluids or gases, and also to perform a wide variety of other tasks depending on the type of catheter. Increasing prevalence of the patients cardiac and urological diseases have increased the demand for the catheters. To increase the market demand, many manufacturers are trying to introduce the new and advanced types of catheters. The global catheter market is majorly driven by increasing prevalence of cardiac & urological diseases, increasing preference for minimal invasive therapy, and increasing geriatric population. Additionally, changing lifestyle and rising healthcare spending have spurred the growth of the market. However, long time for approval, and risk of infection may slow the growth of the market over the review period.

The global Catheters Market Trends Trends is expected to grow at a CAGR of 6.14% during the forecast period 2017-2023.

Segmentation

The global catheters market has been segmented on the basis of types and end users.

On the basis of the types, the market is segmented into cardiovascular catheters, specialty catheters, intravenous catheters, urinary catheters, neurological catheters, and others.

On the basis of the end users, the market is segmented into hospitals & clinics, ambulatory surgical centers, and others.

Regional Analysis

The Americas dominate the global market owing to a huge population with cardiac diseases, increasing geriatric population, strong government support for research & development and high health care spending. According to the WHO, in 2014, 9.7% of total America population had diabetes. Increasing prevalence of the diabetes has boosted the market growth in America. Additionally, changing lifestyle and the presence of major players in the market have fueled the growth of the market.

Europe is the second leading region in the global catheters market, which is followed by Asia Pacific. Asia Pacific is the fastest growing catheters market majorly driven by India, China, and Japan owing to a huge number of patients and rapidly growing economy. The healthcare expenditure in in Asia Pacific has increased during last few years, which has contributed to the growth of market.

The Middle East and Africa contribute the least to the growth of the global market. The UAE, Saudi Arabia, and Kuwait lead the Middle East & Africa market. Africa holds the least share of the global market due to limited availability of medical facilities and poor economic condition of the region. However, the growth of the African market is high due to the presence of opportunities for the development of the market.

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Market Highlights

The global protein assay market is expected to witness considerable growth during the forecast period, mainly due to the increasing investment by pharma and biotech companies in research and development (R&D) and funding by governments of various countries for proteomics research.

Protein Assay is an analytical technique used for measuring the concentration of protein in a solution. These assays are one of the most extensively used procedures in life science studies. Although, there is a wide range availability of protein assays, each assay is unique in its own way and has its own merits and limitations, and hence a protein assay should be selected considering their suitability for the application. For instance in Feb 2017, Promega Corporation announced the development of a benchtop capillary electrophoresis (CE) instrument in collaboration with Hitachi High-Technologies Corporation. These system are equipped to carry NGS validation, PCR sizing and microsatellite analysis, single nucleotide polymorphism, de novo sequencing and mutation detection.

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Protein quantification is pivotal part of daily workflow of protein extraction in biochemistry and molecular biology labs that involves protein extraction, analysis or labeling. Favorable government policies for proteomics research, and the presence of a large number of players in the global protein assay market are the key factors driving the growth of the market during the forecast period.

Key Players

Some of key the players in the global protein assays market are GE Healthcare (U.S.), Thermo Fisher Scientific (U.S.), Bio-Rad Laboratories Inc. (U.S.), Merck KGaA (Germany), Cell Signaling Technology Inc. (U.S.), Abcam plc (U.S.), Lucigen Corporation (U.S.), PerkinElmer Inc. (U.S.), QIAGEN (Germany), Lonza Group Ltd. (Switerzland), Bio-Techne (U.S.), BioVision Inc. (U.S.), Illumina Inc. (U.S.), New England Biolabs (U.S.), Takara Bio Inc. (Japan), Promega Corporation (U.S.), F. Hoffmann-La Roche Ltd (Switerzland), and others.

Segmentation

The Protein Assays Market Dynamics is segmented on the basis of type, application, product, technology and end-users.

On the basis of type, the market is segmented into the copper-ion-based assays, test strip-based assays, dye-binding assays, and others. On the basis of application, market is segmented into diagnosis, drug discovery, protein purification and others. On the basis of product, market is segmented into reagents & kits, instruments and others. On the basis of technology market is segmented into colorimetric-based protein assays, fluorescence-based protein assays, and absorbance-based protein assays. On the basis of end-user, the market is segmented into hospitals & diagnostic centers, academic institutes, pharmaceutical & biotechnology companies and others.

Regional Analysis

Global protein assays consists of regions namely the Americas, Europe, Asia Pacific, and the Middle East.

North America dominated the global protein assays market owing to the increasing research and development in biotechnology and pharmaceutical companies especially for study of genomics and proteomics play significant role in driving the global protein assays market. The European market is growing at a steady pace and is anticipated to compete with the American market. Asia Pacific is expected to be the fastest growing region in the bone graft substitute market during the forecasted period 2017 to 2023.

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Endoscopy Device Market Scope

MRFR (Market Research Future) expects the endoscopy device market to capture a decent growth rate of 6.3% between 2019 and 2027.  

Endoscopy Device Market Reputed Companies

J&J Services Inc., OLYMPUS, Interscope Inc., Micro-Tech Endoscopy, Cogentix Medical, Integrate Endoscopy, KARL STORZ Gmbh & Co. KG, Shaili Endoscopy, PENTAX MEDICAL, RICHARD WOLF, Cognetix, FUJIFILM, Stryker, Cantel Medical, are some of the most reputed companies in the global Endoscopy Device Market Trends

Prominent Boosters and Barriers

Accelerated cases of age-related ailments and the mounting need for advanced endoscopy devices in therapeutic as well as diagnostic procedures will favor the global market in the coming years. Endoscopy devices facilitate lower intervention, which means reduced recovery time. The expanding elderly patient pool prone to numerous medical disorders has fostered the need for various procedures, including intestinal perforation, gall stones, liver abscess, pelvic abscess and endometriosis. These procedures make extensive use of advanced medical equipment such as endoscopy devices, which will translate into higher demand in the coming years.

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The rise in cancer cases along with obesity worldwide and the soaring number of endoscopic bariatric surgeries in line with the growing interest in preventive healthcare should benefit the global industry. Government agencies and firms striving to spread awareness about early cancer diagnosis as well as treatment has pushed the need for cancer screening procedures, and by extension, endoscopy devices are touted to experience robust demand over the review period.

Over the years, the trend noted in the market is the surging preference for minimally invasive surgeries, which raises the use of endoscopy devices such as arthroscopy, laparoscopy, bronchoscopy, and cystoscopy. In a nutshell, growing interest in minimally invasive endoscopic devices should encourage further market growth, as healthcare focuses more on patient satisfaction and on bringing down the hospital stay. Apart from this, acquisitions, increasing R&D spending, mergers and product innovation are the key strategies followed by the players to secure a better market ranking. The intensifying competitive level between the companies will ensure significant market growth in years to come.

Endoscopy Device Market Segmentation

Endoscopy device market has been considered for types, therapy, treatments & procedures, application, accessory & processors, as well as end user.

The key types of endoscopy devices include flexible endoscopes, rigid endoscopes, robot-assisted endoscopes, capsule endoscopes and surgical endoscopes. Flexible endoscopes are in the lead while capsule endoscopes segment will note the fastest growth in the coming years.

Therapy-wise, the top segments are colonoscopy, sigmoidoscopy, gastroscopy, arthroscopy, laparoscopy, endoscopic retrograde cholangiopancreotography, ureteroscopy and cystoscopy.

The treatments & procedures discussed in the report are abdominal, lower gastrointestinal conditions, urinary system conditions, upper gastrointestinal conditions, lung and airway conditions, gynecologic and pelvic organ conditions, joint and orthopedic conditions, and others.

Applications of endoscopy devices are gastrointestinal endoscopy, obstetrics/gynecology endoscopy, mediastinoscopy, urology endoscopy, arthroscopy, bronchoscopy, and otoscopy.

Accessory & processors analyzed in the market study include accessory as well as processors          

Endoscopic technologies covered are fiber and video.           

Gastroenterologists, obstetricians-gynecologists (ob/gyns), critical care, general and pediatric surgeons and orthopedic surgeons are the major industry end-users.

Endoscopy Device Market Regional Study

The Americas and APAC or Asia Pacific coupled with MEA or Middle East and Africa and Europe are the major regions where the endoscopy device market will witness growth during the review timeframe.

Americas will most likely remain the highest gainer in the global market during the analysis period, in view of the region’s robust economy and well-developed medical and healthcare system. Research institutes are majorly focused on technological upgradations to come up with more innovative diagnosis and treatment lines, which should further bolster the market size. Well-equipped medical facilities and the vast pool of skilled professionals in healthcare present in the America also strengthen the market position. Veterinary endoscopy devices have been witnessing stellar demand in the region, because of the rising spending on pet care items and treatment, especially in Canada and the United States.

APAC exhibits the potential of capturing the fastest growth in the future, thanks to the significant contribution from developing nations like India and China. These countries house fast-expanding healthcare sectors and are experiencing a surge in cases of cancer and gastrointestinal diseases, which fosters the need for advanced endoscopy devices. A few other growth boosters include the improvements in the healthcare infrastructure as well as the rampant demand for effective diagnostic therapies. 

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Foley Catheters Market – Overview

Improved understanding of the treatment methods of various ailments has contributed to the need to develop appropriate medical equipment which aids in recovery. Reports that appraise the medical device industry have been presented by Market Research Future, which creates reports on industry verticals that assess the market development and prospects. The market is anticipated to gain a CAGR of 7.8%, which will lead to the market generating USD 987.3 million in earnings by 2023.

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The market for foley catheter is expected to benefit from the rise in hospitalization rate globally, especially for urological diseases. The increased hospital budgets intended to ensure quality care and improved equipment availability to patients is expected to influence the foley catheter market positively in the upcoming period.

Competitive Analysis

The conducive nature of the monetary and fiscal policies is likely to lead to solid growth in the market. Moreover, the rise in international transactions is anticipated to bolster the expansion of the market considerably. The global economies are reacting to the market forces by implementing favorable policies and cutbacks so as prevent a slowdown in the progress of the market. The changes in the income levels globally are contributing to the growth of the market. The rise in individual discretionary spending is anticipated to lead to the progress of the market. The enhancement of the distribution channels is projected to motivate Foley Catheters Market Insights growth relatively. The positive effect exerted by governments in the development of the market is expected to guide the market towards sound progress in the coming years. The disequilibrium noticed in the forces that are backing the growth of the market is expected to lead to a relatively slow pace of the growth.

The significant competitors in the foley catheter market are Coloplast Ltd (Denmark), Cook (US), B. Braun Melsungen AG (Germany), Medline Industries, Inc. (US), Teleflex (US), and Medtronic (Republic of Ireland).

Segmental Analysis

The segmental evaluation of the foley catheters market has been conducted on the type of material, type, end-user, and region. Based on the type of material, the foley catheter market is segmented into latex, silicone elastomer coated latex, polytetrafluoroethylene PTFE (Teflon) coated latex, hydrophilic polymer coated latex, silicone, and others. Based on the type, the foley catheters market is segmented into 3-way catheters, 2-way catheters, 4-way catheters, and others.

Based on the end user, the foley catheters market is segmented into hospitals, medical research center, and ambulatory surgery centers. On the basis of region, the foley catheter market is segmented into the Middle East, APAC, Europe, Africa, and North America.

Detailed Regional Analysis    

The regional evaluation of the foley catheter market covers regions such as the Middle East, APAC, Europe, Africa, and North America. As per the global scenario of the market, North America is the leading contributor for foley catheters. Owing to the increased amount of capital devoted to R&D and product development, the North American region’s foley catheters market was worth USD 228.8 million in 2016. The European region is following the North American regional market in terms of market share and accounts for the next largest market share due to the adoption of innovative and superior technologies and products. The market is expected to accomplish USD 306.1 million in earnings by 2023. Germany is leading the market in the European region while the UK is the fastest rising foley catheters market in the European region. The Asia Pacific region is observing rapid development in this market, which is chiefly due to the quickly growing prevalence of different urologic diseases and increasing healthcare costs. The Asia Pacific region’s foley catheters market is estimated to develop at a CAGR of 9.3% through the forecast period. The Middle East and Africa regions are likely to show restricted growth, with the Middle Eastern region dominating this market by controlling 69.3% of the market share.

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Overview:

The recent prediction of the Market Research Future (MRFR) regarding the growth of the Global Medical Imaging Workstations Market suggests a likelihood for the market to attain 8.5% CAGR during the forecast period (2018-2023).

The market is making substantial headway owing to its ability to provide simpler workflow which requires less amount of manpower. The efficacy of the market is superior to the traditional ways. Hence, the market is getting percolated into the mainstream healthcare system.

The medical imaging workstations market can expect excellent growth in the coming years as the healthcare sector can substantially back it up with technological support from both the IT sector and advancing technologies implemented for the instrument-making. Modernization of the healthcare system in developing countries also hold much promise for the medical imaging workstations market growth. But the high cost of devices could stall the projected rise in some regions. However, contributions from governments and private sectors can make a difference and allow profitability to get back on track.

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Competitive Landscape:

MRFR enlists Accuray Incorporated, Fujifilm Holdings Corporation, Hologic, General Electric Company, Ampronix, Canon, Alma Medical Imaging, Capsa Solutions LLC, Carestream Health, Carl-Zeiss Meditec AG, Koninklijke NGI Group, Philips N.V., Medicor Imaging, Pie Medical Imaging B.V. Siemens AG and others as influential medical imaging workstations market players in their report on the same.

In 2019, Fujifilm launched their new product Bellus II digital mammography workstation which would be a perfect one for FFDM and DBT image management. The new product offers multi-modality support, advanced image visualization functions, and processing. This would enable stress-free mammography diagnosis, and the workflow would become easier.

Segmental Analysis:

MRFR attempted to ease the global Medical Imaging Workstations Industry Outlook analysis by segmenting it by modality, component, usage mode, application, and end-user in their latest report on the said market. The detailed analysis opens up a path to understand the market in the coming years.

Based on the modality, the medical imaging workstations market comprises computed tomography, ultrasound, ultrasound, mammography, MRI (Magnetic Resonance Imaging), radiography, and others. The MRI segment has a substantial hold over the healthcare sector and can ensure growth for market growth.

Based on the component, the medical imaging workstations market can be segmented into visualization software, central processing units, display units, display controller cards, and others. The visualization software segment would soar high in the coming years owing to the facility it provides in better diagnosis.

Based on the usage mode, the medical imaging workstations market comprises thin client workstations and thick client workstations.

By application, the medical imaging workstations market consists diagnostic imaging, clinical review, and advanced imaging.

Based on the end-user, the medical imaging workstations market includes hospitals, diagnostics centers, ambulatory centers, and others. The hospitals segment is to grow substantially owing to its better infrastructural facilities.

Regional Analysis:

MRFR’s region-specific analysis of the medical imaging workstations market includes the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

Owing to superlative infrastructure and high investment capacity of the people are features shouldering the premier spot of the market of the Americas. The region is expected to gain a further boost from governments and private investors to better their research and development facility. At the same time, reimbursement policies of insurance companies are helping the regional market in their growth.

Europe’s medical imaging workstations market is the second largest, and the credit goes to government initiatives and superior infrastructure. However, the APAC market is all set to grow with the fastest CAGR during the forecast period.

The regional market can attribute the growth to increasing demand for technologically advanced imaging devices, improving healthcare infrastructure and others. Economic growth is also a major issue that is substantially backing this rise of the AAPC market. The Middle East & Africa is expected to make a small contribution to the global medical imaging workstations market. The Middle East is going to score more in the region. The rise of Africa would be hindered owing to the presence of several poor economies.

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Market Highlights

The global hepatitis test solution/diagnosis market is expected to grow at an approximate CAGR of 4.9% during forecast period, 2018–2023.

Hepatitis is a liver infection caused by the hepatitis virus and results to cause liver inflammation, or sometimes liver damage. There is different type of hepatitis infection such as hepatitis A, hepatitis B, and hepatitis C which cause this infection. This pathological infection spreads through contaminated blood, infected medical devices and lasts for several years.

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The patient suffering from hepatitis infection faces many symptoms such as poor appetite, weakness, weight loss, itching on skin, jaundice, dark-coloured urine, swelling on legs, drowsiness and many more. The key factors responsible to drive the market are rising awareness regarding the disease, growing adoption of innovative technologies, and increasing health care expenditure. According to the World Health Organization (WHO) 2018 fact sheet, it was estimated that 71 million population across the globe have chronic hepatitis C and it was also mentioned that approximately 399,000 number of people die each year from hepatitis infection. Such a large population affected by hepatitis infection boosts the market growth.

However, the factors such as side effects associated with the medications and treatment are expected to hinder the market growth.

Key Players

Some of the key players in the global hepatitis test solution/diagnosis market are Abbott Laboratories Inc. (US), Biomérieux Sa (France), Bio-Rad Laboratories (US), Danaher Corporation (US), Diasorin (Italy), Fujirebio, Inc. (Japan), Grifols (USA), MedMira, Inc. (US), Qiagen (UK), Roche Diagnostics (UK), Siemens Healthineers (UK) and Others.

Segmentation

The global Hepatitis Test Solution Diagnosis Market Share is segmented on the basis of disease type, technology, end user and region.

On the basis of disease type, the market is segmented into Hepatitis A, Hepatitis B, Hepatitis C and others.

The global hepatitis test solution/diagnosis market by technology is segmented into enzyme-linked immunosorbent assay (ELISA), rapid diagnostic tests (RDT), polymerase chain reaction (PCR), isothermal nucleic acid amplification technology (INAAT) and others.

On the basis of end-user, the market is categorized into hospital & diagnostic laboratories, blood banks and other.

Regional Analysis

The Americas dominates the global market for hepatitis test solution/diagnosis owing to the increasing awareness about hepatitis infection and various symptoms associated to it, rising geriatric population, and presence of major market players within the region. Additionally, the rising economy and high expenditure on healthcare sector within the region fuels the market growth during the forecast period. In 2017, it was estimated that Europe stood second in the global hepatitis test solution/diagnosis market due to increasing prevalence of hepatitis infection, kidney problem and other infectious diseases within the region.  Asia Pacific was the fastest growing region for the global hepatitis test solution/diagnosis market in 2017. Factors such as increasing awareness about the treatment methods, adoption of new technology, rapidly developing healthcare within the region drives the market growth within the region. On the other hand, the Middle East and Africa holds a least share in the global hepatitis test solution/diagnosis market. The presence of poor economies and low per capita income, especially within the African region make the market to lag within the region. A majority of the market share within this region is estimated to be held by the Middle East.

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Market Highlights

It is estimated that the global Radiation Protection Apparels Market Share is expected to register a market value of USD 473 million in 2017, with a CAGR ~ 7.2% during the forecast period of 2018–2027.

Several factors such as increase in strict safety regulations by various government agencies such as Occupational Safety and Health Administration (OSHA), and National Institute for Occupational Safety and Health (NIOSH), and increase in the number of medical imaging processes are luring the growth of the market. However, high price of apparels, and detrimental effect of aprons on the health of the wearer are some of the factors curbing the growth of this market.

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The global radiation protection apparels market is currently dominated by many market players. The major players in the market are involved in new product launches and strategic collaborations to strengthen its market position. For instance, in May 2015, Ansell Limited acquired Microgard, a protective clothing manufacturer. With this acquisition, the company aims to increase its product portfolio and expand its geographical presence.

Key Players

Some of the key players in the global radiation protection apparels market are Kiran, Ultraray, Scanflex medical AB, MAVIG GmbH, Barrier Technologies, Biodex Medical Systems, Inc., CABLAS S.R.L, Lite Tech, Inc., Protech Medical, Rego X-ray GmbH, Shielding International, Inc., and Teijin Limited.

Segmentation

The global radiation protection apparels market has been segmented into product type, material, and end user.

The market, based on product type, has been segmented into aprons, gloves, head shields, thyroid shields, and others.

The market, by material, has been segmented into lead free, lead-based, light weight lead composite, and others.

The market, by end user has been segmented into hospitals and clinics, research laboratories, and others.

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Regional Analysis

The market in the Americas is expected to dominate the global radiation protection apparels market during the forecast period owing to the presence of regulatory mandates. In addition, proactive government initiatives to spread awareness about the benefits of radiation protection apparel among the masses have supplemented the market growth. Europe is expected to hold the second largest position in the global radiation protection apparels market. The market growth in this region is because of the presence of a well-established healthcare system and increase in reimbursement policies. Asia-Pacific is estimated to be the fastest growing region in the market due to the improved healthcare infrastructure in the region. The market in the Middle East & Africa is likely to account for the smallest share of the global radiation protection apparels market.

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Immunotherapy Drugs market Overview:

Immunotherapy drugs either amplify or suppress the immune system so as to fight diseases or avoid rejection of graft by the body. Immunotherapies which elicit and suppress the immune system are referred to as activation immunotherapies and suppression immunotherapies respectively. The global immunotherapy drugs market is project to experience a growth cliff owing to their application expanse in diseases such as cancer and the large investments made in research and development.

According to Market Research Future (MRFR), the global immunotherapy drugs market is expected to garner a CAGR of over 8.9% over the assessment period (2018-2023).

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Cancer is the leading area of application of immunotherapy drugs. According to U.S. Department of Health and Human Services, 735,350 newer cases and 609,640 deaths are expected to occur owing to cancer in the U.S. in 2018. The incidence of cancer in 2018 was 439.2 per 100,000 people while the mortality rate is 163.5 per 100,000 people in the U.S. To have an idea of the patient pool, there are almost 15.5 million cancer survivors in the U.S. in 2018, which is expected to rise to 20.3 million by 2026. Thus, a large market exists which needs to be tapped.

New product development is the prime strategy employed by firms. There is a large ongoing research as exemplified by the 2018 Nobel prize for Medicine being awarded for the discovery of cancer treatment through inhibition of negative immune regulation. The growing FDA approvals is another driver of the market. The FDA has approved immunotherapy drugs such as Alemtuzumab, Rituximab, Durvalumab, Ipilimumab and others. However, the lack of scientific studies validating the activity of these drugs coupled with the severe toxicity profile of these drugs such as myelosuppression is hampering the market.

Major Players:

Players leading the global Immunotherapy Drugs market Growth include Novartis International AG, Merck & Co., Inc., Hoffmann-La Roche AG, Eli Lilly and Company, GlaxoSmithKline, AbbVie, Inc., Amgen, Inc., Bristol-Myers Squibb, AstraZeneca plc Johnson & Johnson, among others.

Global Immunotherapy Drugs Market – Segments

The report is segmented into four dynamics to widen the scope of understanding,

By Therapy Area               : Cancer, Autoimmune & Inflammatory Diseases, Infectious Diseases among others.

By Type of Drugs              : Monoclonal Antibodies, Adult Vaccines, Checkpoint Inhibitors, Interferons Alpha & Beta, Interleukins and Others.

By End User        : Hospitals & Clinics, Ambulatory Surgical Centres and Others.

By Regions: North America, Europe, Asia Pacific, and the Rest-of-the-World.

Global Immunotherapy Drugs Market – Regional Analysis

North America dominates the global immunotherapy drugs market with the largest market share, owing to large healthcare expenditure, large cancer patients and excellent healthcare infrastructure. The presence of large players in the developed regions market also favours the market for immunotherapy drugs. The growing cost of care is another reason for the market growth. According to the latest estimates, the national cancer care expenditures for U.S. are $147.3 billion, which is expected to rise owing to ageing population and increase in cancer prevalence.

The Europe immunotherapy drugs market is projected to grow owing to greater hospitalization rates, growing incidence and survivability rates of cancer. Germany, France and the U.K. account for the largest market share of the Europe immunotherapy drugs market.

The Asia Pacific immunotherapy drugs market is expected to grow at impressive rates owing to economic development and the shift of cancer towards the developing regions. The expanding pharma sector coupled with the shortening commercialisation times is expected to drive a large market over the study period.

The Middle East and Africa market is expected to be dominated by the wealthy Gulf states. However, the fall in oil process is a cause of concern. Saudi Arabia, UAE and Kuwait are expected to drive a large market.

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Market Research Future (MRFR) enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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