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Market Highlights

The global hemostasis and tissue sealing agents market is projected to grow at a CAGR of 8.6% over the forecast period. There has been increasing demand for such products as it reduces complication during surgical procedures. Moreover, large number of surgical procedures across the globe are impacting the growth of the market positively. Increasing numbers of surgery procedures worldwide is one of another reason for driving the growth of the hemostasis and tissue sealing agents market.  Surgeries are performed by making cut on the body which leads to the wound formation. Hemostasis and tissue sealing agents products are used in external surgical processes for reducing bleeding. For example, they are used in neurosurgical procedures, cardiac surgery, bariatric surgery, leg surgery, cesarean and orthopedic surgery. Hemostasis and tissue sealing agents products, are frequently used to reduce complexity and reduce recovery time after surgery. The high surgical procedure numbers lead to rising need for hemostasis and tissue sealing agents which reduces the risk during surgical procedures. However, factors such as increasing advancement minimally invasive procedures, lack of reimbursement for these products is hampering the growth of the market

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Key Players

Some of the prominent players in the global hemostasis and tissue sealing agents market are Johnson & Johnson, Cryolife, Inc., Baxter International, Inc, Ethicon LLC, Integra Lifesciences Corporation, Becton, Dickinson & Company, Cohera Medical, Inc., Pfizer, Inc, Medtronic plc, B. Braun Melsungen AG, MIL Laboratories Pvt. Ltd, Advanced Medical Solutions Group Plc and others.

Segmentation

The global Hemostasis and Tissue Sealing Agents Market Trends has been segmented into product, and end user.

By product, the market has been segmented into topical hemostats, and adhesive & tissue sealant. Furthermore, topical hemostats is divided into Active, mechanical (collagen based hemostats, cellulose based hemostats, gelatin based hemostats, polysaccharide based hemostats) Flowable. Adhesive & tissue sealant is further segmented into synthetic, natural, and adhesion barrier.

Further on the basis of end user the market is bifurcated into hospitals, ambulatory centers and others

Regional Analysis

Geographically, the Americas is anticipated to dominate the global hemostasis and tissue sealing agents market owing to the high clinical R&D budgets by both government as well as public and private organizations, presence of major manufacturers for the products, high number of surgical procedures and various others. For instance, according to the Center for Diseases Control and Prevention, approximately 46.5 million surgical procedures are performed every year in the U.S.

Europe is expected to hold the second largest position in the global hemostasis and tissue sealing agents market. The Hemostasis and tissue sealing agents market in Asia-Pacific region consists of countries namely China, Japan, Republic of Korea, India, Australia and Rest of Asia-Pacific. The Asia-Pacific region is expected to be fastest growing region owing to increased medical tourism for surgical procedures, increasing healthcare expenditure in developing countries and various others. The Middle East & Africa has the lowest share of the global hemostasis and tissue sealing agents market. Majority of the market of the region is anticipated to be held by the Middle East region owing to the growing government initiatives for the healthcare sector.

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Transdermal Drug Delivery Systems Market Overview:

Transdermal Drug Delivery Systems (TDDS) are used to administer medications through the skin to the circulatory system. TDDS deliver drugs at a predetermined rate and maintain sufficient concentrations clinically to ensure a quick response. TDD devices are commonly used for pain management and during treatments of chronic diseases like cardiovascular diseases, cancer, and diabetes.

The transdermal drug delivery systems market is growing rapidly over recent years, mainly due to the growing geriatric population and the prevalence of chronic diseases. Moreover, rapid advancements and increasing adoption of transdermal drug delivery technology are expected to accelerate the growth of the market during the forecast period.

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Market Research Future (MRFR) states that the global transdermal drug delivery systems market had created a value of USD 5,400.2 MN in 2017. This market value is expected to appreciate at a double-digit CAGR of 11.8% throughout the forecast period (2018 – 2023). Increasing cancer cases is a major driving force pushing upmarket growth.

Furthermore, the increasing occurrence of needle-stick injuries and growing uses of biologics are driving market growth. Substantial investments drawn in the R&D to develop advanced TDD systems are boosting the growth of the market, significantly. Additionally, spreading awareness, improving outcomes & patients’ experience, and beneficial reimbursement policies impact the market growth, positively.

 On the other hand, side effects of TDD systems usages such as edema & irritation and the triviality of these delivery systems such as variation in adhesion to different skin types, impede the growth of the market. Moreover, the drug entry imposed by the skin’s impermeability restricts the usages of TDDS. Also, drugs that require high blood levels can’t be administered through TDDS as it is limited only to potent molecules. Factors as such are thereby anticipated to affect the market growth over the forecast period.

Major Players:

Players leading the Transdermal Drug Delivery Systems Market Growth include Mylan N.V., Hisamitsu Pharmaceutical Co., Inc., Novartis International AG, Boehringer Ingelheim International GmbH, GlaxoSmithKline PLC, Johnson & Johnson Services, Inc., Endo Pharmaceuticals Inc., UCB S.A., Pfizer Inc., Allergan plc., Actelion Pharmaceuticals Ltd, and Noven Pharmaceuticals, Inc., among others.

Transdermal Drug Delivery Systems Market – Segments

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

By Product: Transdermal Patches (Drug-In-Adhesive Patches, Matrix Patches, Reservoir Membrane Patches, and Microneedle Patches) and Transdermal Semisolids (Gels, Ointments, and Sprays), among others.

By Technology: Electric Current, Iontophoresis, Electroporation, Ultrasound, Microporation, Thermal, among others.

By Application (HRT):  Pain Management, Cardiovascular Diseases, Hormone Replacement Therapy, Central Nervous System Disorders, Smoking Cessation, and Contraception, among others.

By Regions                                          : Europe, North America, APAC, and the Rest-of-the-World (RoW).

Transdermal Drug Delivery Systems Market – Geographical Analysis

North America dominates the global transdermal (percutaneous) drug delivery systems market with the largest market share. Factors such as the presence of major market players and developed healthcare infrastructure drive the growth of the regional market. Moreover, surging numbers of research activities related to transdermal drug delivery systems and comparatively higher adoption of TDD systems in the US and Canada impact the regional market growth, positively.

Besides, the highest GDP helps North America to have the edge over other regions in terms of every aspect, including healthcare and technology. Additionally, huge patient pool suffering from chronic diseases such as cardiovascular diseases alongside the presence of geriatric population and development in medical technology is supporting the growth of the market. The US, backed by the high per capita healthcare expenditures, contributes to the growth of the regional market, significantly.

Europe takes the second-leading position in the global transdermal drug delivery systems market. The phenomenal growth in the pharmaceutical industry and the presence of pharma giant companies such as Novartis International AG, Mylan N.V., Boehringer Ingelheim International GmbH, and Allergan plc., bolster the regional market growth. The resurging economy is playing a vital role in market development, allowing the proliferation of the healthcare sector in the region.

Germany, heading with its flourishing medical devices markets, hugely contributes to the growth of the regional market. Furthermore, the UK and France with the increasing investment in transdermal drug delivery systems drive the regional market at a large scale. The Europe TDDS market is estimated to register a phenomenal CAGR during the review period.

Transdermal Drug Delivery Systems market in the Asia Pacific region is growing rapidly. This growth attributes to the vast patient population and the rising economy in countries such as China, Japan, South Korea, and India. Furthermore, the increasing demand for quality devices in healthcare and rapidly developing healthcare technology is expected to lead the market growth in the APAC region.

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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 Market Trends 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 Size 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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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 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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Intraocular Lens Market to Gain from Improving Reimbursement Scenario

Intraocular lens are medical devices that are implanted within the eyes so as to mimic the function of natural eye lenses. Intraocular Lens are used for corrective purposes. Market Research Future (MRFR) has launched a new report on the global Intraocular Lens Market Analysis and has projected a CAGR of 5.43% over the forecast period of 2018-2023. The intraocular lens market was valued at USD 3.54 Bn in 2017.

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The growth of the intraocular lens market is stemmed from rising occurrence of various ophthalmic disorders such as astigmatism, presbyopia, near-sightedness (myopia), and others. Cataract being the most common eye disorder also generates the need for corrective surgery, which boost the demand for the product. Consumers are increasingly adopting advanced intraocular lens technology to eliminate the need for glasses. Rise in geriatric and diabetic population is also a key factor enhancing the growth of the market. Diabetic and elderly people are generally prone to cataract and other ophthalmic issues. Other factors favoring the growth of the market include rise in the level of awareness and improving reimbursement scenario.

On the other hand, the market growth might be hindered by high cost of intraocular lens, lack of proper reimbursement, and dearth of skilled medical professionals.

Competitive Landscape

Oculentis GmbH, Alcon, Inc., Eyekon Medical, Inc., Aurolab, Rayner Intraocular Lenses Limited, PhysIOL, STAAR Surgical Company, HOYA Corporation, Nidek Co., Ltd., Carl Zeiss Meditec, Johnson & Johnson Vision Care, Inc., Bausch + Lomb, Lenstec, Inc., Humanoptics AG, and Ophtec BV are the key players in the intraocular lens market.

Industry Updates

August 2019 - Alcon, a leading medical device specializing in eye care products, launched AcrySof IQ PanOptix Trifocal Intraocular Lens (IOL) in the US. The new intraocular lens is approved by the US Food and Drug Administration (FDA) and is clinically proven to provide a near, intermediate and distance vision combination. The product is said to reduce the need for glasses after surgery.

Segmentation

The Intraocular Lens Market Insights has been segmented based on type, material and end user.

By type, the intraocular lens market has been segmented into monofocal intraocular lens, multifocal intraocular lens, accommodating intraocular lens, phakic intraocular lens, and others.

By material, the intraocular lens market has been segmented into hydrophobic acrylic, hydrophilic acrylic, polymethylmeth-acrylate (PMMA), and others.

By end user, the intraocular lens market has been segmented into hospitals, ophthalmic clinics, ambulatory surgical centers, and others.

Regional Analysis

Region-wise, the intraocular lens market has been segmented into the Americas, the Middle East & Africa (MEA), Europe, and Asia Pacific (APAC).

The Americas is dominating the global intraocular lens market. High incidence rate of cataract and the presence of a massive pool of patients suffering from diabetes is favoring the growth of the market. High healthcare expenditure, availability of advanced treatment options and skilled surgeons, and the affinity for advanced treatment options are other factors driving the growth of the market. The rising geriatric population in the region is also a key factor supporting the growth of the market. A flourishing medical device industry and favorable reimbursement landscape which leads to heightened demand for eye corrective surgeries can also be credited for the growth of the market.

The Europe intraocular lens market is driven by the presence of a well-established healthcare system and increasing awareness regarding advanced treatment options. Insurance coverage is also a crucial determinant of the market growth.

APAC is poised to be the fastest-growing intraocular lens market. Surging incidence rate of cataract and other ophthalmic disorders, along with the rising geriatric population is fueling the market growth. Government initiatives to spread awareness, the launch of various healthcare schemes, and improving reimbursement scenario is also boosting the growth of the market. The key market players are also foraying into the APAC market to tap the huge growth prospects offered by the region, which has reflected positively on the growth of the market.

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Market Highlights

The Global voice prosthesis devices market is expected to grow at an approximate CAGR of 5.6% during forecast period, 2018–2023.

Rising cases of laryngeal cancer is boosting the voice prosthesis devices market. According to the National Cancer Institute, around 13,150 new cases of laryngeal cancer were registered in 2018, which is around 0.8% of all new cancer cases.

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Various other factors such as increasing cases of throat cancer, technological advancements, favourable reimbursement, presence of a large target patient population and rising patient awareness regarding the benefits of voice prosthesis devices are also expected to propel the growth of the market.

However, complications associated with voice prosthesis device, and high cost of device can hamper the market growth over the forecast period.

Key Players

Some of the key players in the global voice prosthesis devices market are Atos Medical, Teleflex Medical Europe Ltd., Johnson & Johnson Services, Inc., Sonova, Andreas Fahl Medizintechnik - Vertrieb GmbH, InHealth Technologies, HEIMOMED Heinze, Smiths Medical, SERVONA GmbH, and others.

Segmentation

The Global Voice Prosthesis Devices Market Share is segmented based on product type, valve type, end user and region.

The global market for voice prosthesis devices, by product type is segmented into indwelling voice prosthesis devices and non-dwelling voice prosthesis devices. The indwelling voice prosthesis devices market is expected to command the largest market share over the review period due to increasing cases of voice disorders.

The market, by valve type, is segmented into Blom-Singer valve, Provox valve, and Groningen valve

Based on end user, voice prosthesis devices market is segmented into hospitals, clinics, diagnostic centers, ambulatory surgical centers, research & academic institutes.

Regional Analysis

The Americas dominated the global market for voice prosthesis devices owing to presence of major market players and increased prevalence of voice disorders within the region. According to the American Speech-Language-Hearing Association, voice disorders have been estimated to be present in between 3% to 9% of the US population. It is also reported that the prevalence is higher in adult females than in adult males i.e. 1.5:1.0.

Europe is expected to hold the second largest position in the global voice prosthesis devices market. The market growth in this region is attributed to the improvement in healthcare related research & development activities.

Asia Pacific was projected to be the fastest growing region in 2017. Factors such as, growing cases of throat cancer, increasing healthcare expenditure, and increasing participation of healthcare organizations drives the regional markets of the Asia Pacific region.

On the other hand, the Middle East and Africa held least share in the global voice prosthesis devices market due to the low per capita income, especially within the African region.

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Market Highlights:

Pedicle screw system are used in spinal surgery to stop the pain caused by joints owing to disease. The placement of the pedicle screw is independent of the laminar integrity and extends its application to a different level of spinal pathologies such as degenerative, oncological, degenerative and deformity correction.

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The increasing incidences of spinal cord injuries, spinal deformities, degenerative spinal disorders, and rising geriatric population are the major factors driving the growth of the global pedicle screw system market. Additionally, increasing research and development spending by the top players are fueling the growth of the market during forecast period. For instance, according to report published by Iranian Journal of  Neurosurgery, in 2016, prevalence of traumatic spinal cord injuries in Tehran ranged from 1.2 to 11.4 per 10,000 people. Also, according to the report published by The International Spinal Cord Injury (InSCI), in 2017, each year around 12,500 new cases of spinal cord injuries occur in United States.

The strict regulatory frameworks and time-consuming product approval processes may hamper the growth of the market during the assessment period.

Key Players:

Some of the key players in the global pedicle screw system market are Globus Medical, Inc., K2M Group Holdings, Inc., Medtronic PLC, Nvision Biomedical Technologies, LLC., Alphatec Spine, Inc., Amedica Corporation, B. Braun Melsungen AG, Depuy Synthes, Orthofix International N.V., RTI Surgical, Inc., SeaSpine, Stryker Corporation, Zimmer Biomet Holdings, Inc.

Segmentation:

The Global Pedicle Screw Systems Market Share has been segmented on the basis of surgery type, product type, indication, application, and end user.

On the basis of surgery type, the market has been classified as open surgery and minimally invasive surgery. The market, by product type, has been segmented into polyaxial pedicle screw systems, monoaxial pedicle screw systems, and others. Based on indication, the market has been segmented into spinal degeneration, spinal trauma, spinal deformities, and others. The market, by application, has been segmented into thoracolumbar fusion and spinal cervical fusion. On the basis of end user, the market has been classified as hospitals and clinics, research organization and academic institute, and others. On the basis of product type, polyaxial pedicle screw systems segment is likely to hold the largest market share of the pedicle screw systems market. Also, minimally invasive surgery to register the significant growth rate in the global pedicle screw systems market during the forecast period.

Regional Analysis:

The market is likely to dominate by Americas during the forecast period owing to the rising aging population, rising incidence of spinal disorders, and rising in FDA approved pedicle screws. The European market is expected to be the second-largest due to government funding and support of the healthcare sector, coupled with increasing research and development. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the forecast period owing to increasing investments in healthcare, increasing number of the orthopedic surgeries, expansions by market players in the region, and favorable government initiatives for healthcare facilities. The market in the Middle East & Africa is likely to account for the smallest share of the global pedicle screw system market.

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Segmentation

The Global Infectious Disease Diagnosis & Treatment Market is segmented based on disease type, diagnostic product & services, diagnostic techniques, treatment, end user and region. On the basis of disease type, the market is segmented into Hepatitis, Tuberculosis (TB), Influenza, Hospital-Acquired Infections (HAI), Sexually Transmitted Infections (STI), Tropical Diseases, Cancer-related Infections and Others. Based on diagnostic products and services, the market is devised into Assays, Kits, & Reagents, Instruments Services & Software.

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The diagnostic techniques is segmented into Immunodiagnostics, Polymerase Chain reaction (PCR), Isothermal Nucleic Acid Amplification Technology (INAAT), DNA Sequencing & Next-Generation Sequencing (NGS), DNA Microarray and Others.  The Treatment segment is segmented into Antibioticsm, Antivirals, Antifungals, Anti-parasitic, Alternative Medicine and Others. By end user, the market is divided into hospitals & clinics, Diagnostic Laboratories, and others. In the current scope of the study, the above-mentioned segments are covered into four global regions, namely- the Americas, Europe, Asia Pacific and the Middle East & Africa.

Key Players

Some of the key players in the global Infectious Disease Diagnosis & Treatment market are Abbott Laboratories, AstraZenaca, Becton Dickinson & Co., Bio-Rad Laboratories, Danaher Corporation, GlaxoSmithkline, Gilead, F. Hoffmann-La Roche Ltd, Janssen Pharmaceutical, Inc., Alere, Inc., Cipla, Johnson And Johnson, Novartis, Siemens Healthcare and others

Infectious Disease Diagnosis & Treatment - Market Highlights

The Global Infectious Disease Treatment Market is expected to grow at an approximate CAGR of 4.0 % during forecast period, 2018–2023.Fungal infections are caused by a number of infectious species such as Candida, Aspergillus, Cryptococcus, Histoplasma, Pneumocystis, and Stachybotrys. There are approximately 1.5 million different species of fungi on the earth. However, only around 300 are responsible for causing diseases and infections in humans. The increasing incidence of fungal infections in the Asia-Pacific region is attributed to the expanded population of immunosuppressed patients. According to the Global Action Fund for Fungal Infections (GAFFI), India had one of the highest rates of Candida bloodstream infection in the world in 2015.

According to an article published in Elsevier, the rising prevalence of dermatophytosis in India is a matter of concern as dermatophytosis is the most common cutaneous infectious disease among humans. Changing lifestyle and increasing pollution have increased the possibilities of fungal infections. Fungal infections could occur in both systemic and superficial parts of the body and could affect eye, ear, skin, mouth, and genitalia and cause diseases such as fungal meningitis, ringworm, and athlete's foot. Globally, 15% of the population suffers from athlete’s foot. Male are more susceptible to this disease than females. Sharing, health clubs, shoes and traveling bags among male are major factors for these infections. People in developing regions are more prone to fungal infections. The increasing prevalence of fungal infections is a major driving factor for the growth of the market.

Regional Analysis

The Asia-Pacific infectious disease diagnosis and treatment market, based on country/region, is segmented into China, India, Singapore, Malaysia, Thailand, Indonesia, South Korea, and the Rest of Asia-Pacific. It is anticipated that accounted for the largest market share in 2017 and is estimated to dominate the Asia-Pacific infectious disease diagnosis and treatment market.

The healthcare sector in the Asia-Pacific region has achieved milestones in infection control methods. The factors responsible for contributing for the market growth are rising geriatric population and growing prevalence of sexually transmitted and hospital-acquired infectious diseases, hepatitis, tuberculosis (TB), and influenza. The Asia-Pacific region has huge biodiversity which promotes the evolution of various infectious diseases in this region. The growing geriatric population is also one of the major factors which promote market growth.

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Market Highlights:

The Global Corporate Wellness Market will reach value of USD 93.0 Billion in 2028 and is projected to grow at a CAGR of 7.0% over the forecast period. Corporate wellness programs are health promotion activities designed & conducted by corporate employers to support employees to understand their health risks, pursue healthy behavior at the workplace, and decrease the expenditure on healthcare. Currently, these programs are increasingly conducted by corporates in order to increase the productivity, decrease absenteeism, and improve morale & quality of work of their employees. An employee works almost 9 hours in corporate offices and during this period, most of the employees sit continuously and are physically inactive.

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Therefore, such physical inactivity mostly increases prevalence of lifestyle-associated diseases, resulting in fueling the demand for corporate wellness programs. Few of the major market growth factors include globally growing geriatric population coupled with increasing prevalence of chronic diseases, increasing private sector capital expenditure, a surge in the number of service sector employees, and rising financial burden of insurance costs on employers. For instance, the Centers for Disease Control and Prevention (CDC) reported that, in the US, 6 in 10 adults have a chronic disease and 4 in 10 adults have two or more chronic diseases such as stroke, diabetes, heart disease, cancer, chronic lung disease, and chronic kidney disease (CKD).

Key Players:

Some of the prominent players in the global corporate wellness market are Wellness Corporate Solutions, LLC, ComPsych Corporation, Wellsource, Inc., SOL Wellness, Central Corporate Wellness, Truworth Health Technologies Pvt. Ltd., Virgin Pulse, Marino Wellness, EXOS, Privia Health, The Vitality Group, Inc., ProvantHealth (Hooper Holmes, Inc.), Sodexo Group, Bupa Wellness Pty Ltd, and 1to1help.net Pvt. Ltd.

Segmentation:

The Global Corporate Wellness Market Share has been segmented into service type, category, and end user. By service type, the market has been segmented into health risk assessment, stress management, nutrition & weight management, smoking cessation, fitness, health screening, and others. Based on category, the market has been segmented into fitness & nutrition consultants, psychological therapists, and organizations. By end user, the market has been segmented into small-scale businesses, medium-scale businesses, and large-scale businesses.

Regional Analysis:

The Global Corporate Wellness Market has been segmented by region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. On the basis of region, the Americas is expected to dominate the global corporate wellness market owing to the increasing adoption of wellness activities, changing shift towards curtailing of healthcare costs, and the presence of major market players & target population in the U.S. and Canada. According to the RAND Corporation, in 2016, 72.0% of employers purchased screening/health risk assessment services and intervention services, thereby augmenting the demand for corporate wellness programs.Europe will hold the second largest market position during the forecast period as the corporate wellness programs in Europe would see the biggest gains due to high healthcare expenditures and the availability of a wide-range of providers. According to the European Agency for Safety and Health at Work (EU-OSHA), about half of all European workers report feeling stressed at their workplace due to lost working days. Stress is the biggest health and safety concerns among Europeans, and work-related health problems are affecting 22.0% of all European Union (EU) workers.

 The market in Asia-Pacific is anticipated to exhibit comparatively higher CAGR during the forecast period owing to growing population in India and China, increasing awareness among employers and employees in the region. Corporate wellness activities became top human resources (HR) priority in Asia-Pacific region because nowadays, the jobseekers are expecting wellness programs as a key part of their benefits packages.The Middle East & Africa has the least share of the global corporate wellness market. Additionally, the major market share of the region would be held by the Middle East region attributed to gradually rising implementation of successful wellness programmes at the workplace in the UAE and Saudi Arabia.

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