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Market Highlights

Global urinary drainage bags market expected to grow significantly over the forecast period. It is anticipated that the market held a market value of USD 142.54 million in 2018 and is projected to grow at a CAGR of 6.8% over the forecast period.

Urine drainage bags collect urine. Urine bags are attached to a catheter (tube) that is inside the bladder. The need for a catheter and urine drainage bag is because of urinary incontinence (leakage), urinary retention (not being able to urinate), a surgery that made a catheter necessary, or another health problem. The urinary drainage bags market is growing at a significant growth rate, the major factors influencing the growth of the market include; growing urinary infectious diseases, increase in a number of urological and gynecological surgeries, increasing prevalence of urinary incontinence, increasing geriatric population.

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Urinary incontinence is one of the rising urology diseases in the elderly population.  Age is a major risk factor for several physical, mental, and economically devastating health disorders. Alzheimer’s disease is a type of dementia that causes debilitating problems with memory, thinking, and behavior. Alzheimer’s disease often has problems with urinary incontinence. According to the World Population Prospects by the United Nations, approximately 962 million older population aged 60 and above were present globally as of 2017. This represents about 13% of the global population. Additionally, according to WHO, it is estimated that the world’s population aged 60 years and older are likely to double from 12% to 22% by 2050. This increasing geriatric population is further increasing urology disease and influencing the growth of urinary drainage bags market.

Key Players

Some of the major players operating in the global Urinary Drainage Bags Market are Coloplast, Cook Medical, C. R. Bard, Inc., Amsino International, Inc., Medline Industries, Inc., Moore Medical LLC, Flexicare Medical Limited, Plasti-med and Teleflex Incorporated, Pacific Hospital Supply Co. Ltd., and Covidien. 

Segmentation

The global urinary drainage bags market has been segmented into type, usage, and end user.

Based on type, market segmented into large bags, and leg bags

On the basis of usage, the market is segmented into reusable urinary drainage bags, disposable urinary drainage bags

Based on end user, the urinary drainage bags market is segmented into hospitals and clinics, surgical centers, and others.

Regional Analysis

Geographically the market has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

Geographically, the Americas is anticipated to dominate the global urinary drainage bags market owing to the presence of the major manufacturers, high healthcare expenditure, huge patient population. Europe is expected to hold the second largest position in the global urinary drainage bags market. Asia-Pacific is the fastest growing urinary drainage bags market owing to the increasing elderly population, rapidly improving healthcare reforms and the presence of a huge patient pool. The Middle East and Africa market for urinary drainage bags is expected to grow at a steady.

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Market Highlights

The global enteral feeding devices market to reach value of USD 4426.0 Million by 2027 and is projected to grow at a CAGR of 5.3% over the forecast period. Enteral feeding is the direct delivery of nutrients into the gastrointestinal tract (GIT) via a tube which is placed into the duodenum, jejunum or stomach through mouth, nose or percutaneous route. Major factors driving the market growth are globally growing geriatric population coupled with the rising burden of chronic diseases, increasing shift from parenteral to enteral nutrition, and mounting incidence of preterm births. For instance, according to the World Health Organization (WHO), in 2001, chronic diseases contributed around 60% of the 56.5 million total reported deaths across the world and approximately 46% of the global burden of disease, which is projected that, by 2020, chronic diseases will account for almost three-quarters of all deaths worldwide. In contrast, complications associated with enteral feeding devices including inadvertent dislodgement of tubes and stringent reimbursement policies are anticipated to restrain the market growth during the next five years. Mounting technological advancement in feeding pumps such as enhanced portable pump designs with reduced risk of complications and is augmenting the market growth.

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Key Players

Some of the spearheading players in the global enteral feeding devices market are Medtronic plc, Cook Medical, B. Braun Melsungen AG, Abbott Laboratories, Boston Scientific Corporation, Becton, Dickinson and Company (BD), Fresenius Kabi AG, Danone Nutricia, Nestlé, CONMED Corporation, Moog, Inc., Halyard Health, Inc., and Vygon SA.

Segmentation

The Enteral Feeding Devices Market Size has been segmented into product, age group, indication, end user, and region.

By product, the market has been segmented into enteral feeding tubes, enteral feeding pumps, enteral syringes, administration sets, and consumables. The enteral feeding tubes segment is further categorized into enterostomy feeding tubes, nasoenteric feeding tubes, and oroenteric feeding tubes. The enterostomy feeding tubes segment is additionally divided into gastrostomy tubes, jejunostomy tubes, and gastrojejunostomy tubes. The nasoenteric feeding tubes segment is further classified into nasogastric feeding tubes, nasojejunal feeding tubes, and nasoduodenal feeding tubes. The enteral feeding pumps segment is expected to dominate the market throughout the forecast period due to low risk of complications with the use of feeding pumps, enhanced portable pump designs, and the increasing adoption of pumps in hospitals and home care settings.

On the basis of age group, the market has been divided into adults and pediatrics.

By indication, the market has been classified into cancer, gastrointestinal diseases, diabetes, neurological disorders, hypermetabolism, and others. The cancer segment is further categorized into gastrointestinal cancer, head & neck cancer, liver cancer, pancreatic cancer, esophageal cancer, and others.

Based on end user, the market has been categorized into hospitals, home care settings, and ambulatory surgery centers (ASCs).

Regional Analysis

The global enteral feeding devices market has been segmented by region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. Based on region, the Americas would command the market over the forecast period pertaining to the presence of sophisticated medical and healthcare infrastructure and market value contributors, changing lifestyle, and the rising burden of cancer, and other noncommunicable diseases (NCDs). The American Cancer Society stated that in 2018, about 9,220 new cases of colon cancer have diagnosed in the US.

Europe would be the second-largest value contributor in the enteral feeding devices market owing to the Asia-Pacific would represent the profitable market growth during the forecast period due to growth in geriatric population, rising incidence of oral cancer, and increasing awareness about enteric feeding devices, and surging number of hospital admissions in China, India, Japan, and Australia. The World Health Organization stated that in 2018, the incidence of oral cancer was within the top three of all cancers in a few Pacific Asian countries.

The Middle East & Africa has the least share of the global enteral feeding devices market. In addition, the major market share of the region would be held by the Middle Eastern region due to developing healthcare system and medical infrastructure in the Arab countries.

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Market Highlights

The global healthcare electronic data interchange (EDI) market is expected to grow at a CAGR of 8.8% during the forecast period. rising government support for healthcare IT projects, increasing demand to curtail healthcare costs, rising awareness about the benefits associated with EDI software, and increasing adoption of EDI software are expected to drive the market growth over the forecast period. EDI healthcare transactions help in the elimination of all paper trails and digitize all transactions which results in lower handling costs of processing healthcare documents. Based on the Workgroup for Electronic Data Interchange (WEDI) estimations, healthcare players can generate significant savings of USD 1 per claim for health plans, USD 1.49 for physicians, USD 0.86 for hospitals, and USD 0.83 for others, with EDI. However, the high implementation cost of EDI software, data security, hesitancy to switch from conventional methods can restrain the market growth over the assessment period.

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Key Players

Some of the prominent players in the global healthcare electronic data interchange (EDI) market are GE Healthcare, McKesson Corporation, Cognizant, Allscripts Healthcare Solutions Inc., Siemens Healthineers, Optum, Inc., The SSI Group, LLC, Schreiner Group, ZirMed Inc., Experian Information Solutions, Inc., Emdeon Inc., Passport Health Communications, HealthFusion, and others

Segmentation

The global Healthcare Electronic Data Interchange Market has been segmented into component, delivery mode, transaction, and end user.

The market, on the basis of component, has been segmented into software, and services.

The market, by delivery mode, has been segmented into web and cloud-based EDI, EDI value added network (VAN), direct (Point-to-Point) EDI, and mobile EDI.

The market, by transaction, has been segmented into claims & encounters and payment & remittance advance, eligibility inquiry and response, claim attachments, claim status and response, enrollments, and referral certification and authorization.

The market, by end user, has been segmented into healthcare payers, healthcare providers, pharmaceutical & medical device industries, and others.

Regional Analysis

Geographically, the Americas is anticipated to dominate the global healthcare electronic data interchange (EDI) market owing to rising healthcare expenditure, increasing participation of market players and technological advancements in EDI software. Europe is expected to hold the second largest position in the global healthcare electronic data interchange (EDI) market. The market growth in this region is attributed to the government funding and favorable policy implementation. The healthcare electronic data interchange (EDI) 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 the rising spending on information technology in the Asia-Pacific region. According to the data suggested by the India Brand Equity Foundation (IBEF), spending on information technology in India is expected to grow over 9 per cent to reach USD 87.1 billion in 2018. The Middle East & Africa are expected to hold the least share of the market. The market growth in this region is expected to be driven by rising awareness about healthcare electronic data interchange (EDI) software.

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Market Highlights

According to MRFR analysis, the global bladder cancer detection kit market is expected to register a CAGR of ~11.17% from 2021 to 2027and hold a value of USD ~322.4 million by 2027.

The global bladder cancer detection kit market is driven by several factors, such asthe increasing prevalence of bladder cancer worldwide, surge in mortality rate due to bladder cancer, rising demand for non-invasive detection of urothelial cancer, and growing aging population. Moreover, the market players are developing products and raising funds for marketing its product all across the world. The industry players are focusing on the expansion of their distribution network and supply chain to dominate the global bladder cancer detection kit market.

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The key players are involved in new product launches, strategic agreements, funding, investments, and joint ventures to augment their market positions. For instance, in March 2021,OncoDiag (France) raised USD 3.0 million to commercialize its Urodiag PCR-based diagnostic test for recurrent bladder cancer in order to expand its international presencein Europe, the US, Canada, and Japan.Further, the HirotsuBioScience (Japan)claimed that the clinical trials of their new early detection kit found the test effective in 85% of cases using just a single drop of urine. In addition, the doctors in Japan begun using the system from January 2020, with each test costing approximately USD 90. Hence, the emergence of such products drives the market demand, fueling industry growth across the globe. The launch of bladder cancertreatment procedures will increase customer satisfaction and provide a wide variety of options for bladder cancer detection kits.

Key Players

Some of the key players in the global bladder cancer detection kit market are Abbott Laboratories (US), Xiamen Biotime Biotechnology (China), Exact Sciences (US), Hubei Jinjian Biology (China), Nanjing Liming Bio-products Co., Ltd. (China), Abingdon Health (UK), Ameritek, Inc. (US), Alfa Scientific Designs (US), NanoEnTek Inc. (South Korea), Diagnosis S.A. (Spain), and Xiamen Boson Biotech Co., Ltd. (China).

Segmentation

The global Bladder Cancer Detection Kit Market Report has been segmented into technology and end user. By technology, the market has been segregated into Fluorescence In Situ Hybridization (FISH) Blood Sample Test Kit, Enzyme-Linked Immunosorbent Assay (ELISA), and others. The FISHsegment is expected to hold a considerable share of the market in 2020. The high demand for urine-based molecular test products,such as Abbott’s UroVysion Bladder Cancer Kit approved by the FDA to aid bladder cancer surveillance and assist with the diagnosis,will augment the market growth in the assessed period.

Based on end user, the global bladder cancer detection kit market has been classified as hospitals& clinics, diagnostic centers, and others. The hospitals& clinicssegment held the largest marketshare in 2020, owing to alarge number of hospitals worldwide and the growing adoption of technologically advanced products for the early detection of bladder cancer.

Regional Analysis

North America is expected to dominate the bladder cancer detection kit market, owing to the high prevalence of bladder cancer, adoption of technologically advanced products for bladder cancer detection, and presence of major industry players across the region. In addition, increased investments in R&D of the products by the government and private organizations have surged the level of competition among the market players. The prominent players are also involved in collaborations, partnerships, and high investments in R&D activities which are contributing to the market growth.          

Europeis expected to account for the second-largest position in the bladder cancer detection kit market in 2021 due to the growing demand for the early detection and treatment of bladder cancer across the region. In addition, countries such as Germany, the UK, Sweden, France, and Switzerland have a large number of patients suffering from bladder cancer. These countries have a rising adoption of technologically advanced non-invasive detection kits. Hence, the aforementioned factors aid in driving the market growth in the region.

Asia-Pacific is anticipated to be the fastest-growing marketduring the forecast period dueto increasing investment in healthcare infrastructure, rising number of geriatric population, and growing awareness among the healthcare professionals about advanced bladder cancer detection kits. In addition, the availability of qualified physicians for consultation and treatment of bladder cancer is creating opportunities for industry players.

Furthermore, the growth of the market in the Rest of the World is attributed to the technological advancements in bladder cancer detection kits coupled with the expansion of distribution channels throughout the region.

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Market Highlights

The global dry AMD market is expected to register a CAGR of 8.62% during the forecast period and hit USD 6,113.33 millionby 2027.

Age-related Macular Degeneration (AMD) is classified as either dry macular degeneration or wet macular degeneration. Neovascular macular degeneration may proceed to wet (neovascular) AMD, marked by blood vessels growing under the retina and leaking. Dry-type occurs more frequently, although it tends to go more slowly over the years. In general, moist-type tends to produce a change in vision that happens rapidly, culminating in severe vision loss.

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The growth of the dry AMD market worldwide is attributed to the growing geriatric population and increasing prevalence of age-related macular degeneration, and the introduction of novel treatment methods for dry AMD coupled with an increasing number of clinical trials focused on dry AMD. Other factors like increasing healthcare expenditure are likely to help the market grow. However, the high number of failed clinical trials for dry AMD drugs might hamper the market growth to some extent.

Key Players:

MRFR recognizes the following companies as the key players in the global dry AMD market—Santen Pharmaceuticals Inc. (Japan), Allergan plc (Ireland), Bausch Health (Canada), Alimera Science Inc. (US), Phio Pharmaceuticals Corp (US), Ocumension Therapeutics Co. Ltd (China), Belite Bio Inc. (US), Kubota Vision Inc. (US), Iveric Bio (US), Eyestem Research Pvt Ltd (India), Yuyang DNU Co., Ltd (South Korea), and Stealth Biotherapeutics Inc. (US).

Segment Analysis

The global age related macular degeneration market Research has been divided based on stages, age group, route of administration, diagnosis& treatment, and end user.

The market, based on stages, has been segregated into early age-related macular degeneration, intermediate age-related macular degeneration, and late age-related macular degeneration.

Based on age group,the dry AMDmarket has been divided intoabove 75 years, above 60 years, and above 40 years.

Based on diagnosis & treatment, the dry AMD market has been divided into treatment and diagnosis.Treatment type is further bifurcated into nutrition therapy and telescopic lens implant. Nutrition therapy is again divided into antioxidants and others. Antioxidants arealso segregated as vitamins, zinc, copper, omega-3 fatty acids, and others.

Diagnosis is bifurcated into fluorescein angiogram, preliminary test, optical coherence tomography, and others.

Based on route of administration, the market is bifurcated into oral, intravitreal, and others.

On the basis of end user, the market is bifurcated into hospitals and clinics, diagnostic centers, academic research institutes, and others

Regional Analysis

The global dry AMD market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America dominated the global dry age-related macular degeneration market owing to the rising number of patients suffering from the condition. The increasing number of diabetic patients adds to the number of patients suffering from ophthalmologic conditions. The number of patients with retinal diseases such as dry AMD, retinal vein occlusion, and diabetic eye disease is steadily increasing in the US, according to a retrospective study presented during The Association for Research in Vision and Ophthalmology 2020.Europe holds the second largest market share due to the increasing older population and rising patient population. Additionally, improving government initiatives, increasing healthcare frames, and the rising demand for technologically innovative treatmentsaredriving the growth of the dry age-related macular degeneration market in Europe.The Asia-Pacific is the fastest-growing market for age-related macular degeneration as it is developing at a very rapid pace and has shown the emergence of many players. Moreover, the rising prevalence of eye disorders, increasing healthcare spending, and multinational companies moving towards the developing nations and setting operational set-ups are likely to drive the growth of the market. The Rest of the World is expected to witness a restricted growth due to limited access and healthcare affordability among the population. This region is segmented into Middle East, Africa, and Latin America. In the Middle East, the growth of the market is driven by increasing healthcare infrastructure and healthcare expenditure.

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Growing Life Sciences Sector Drives Cleanroom Technology Market

The global cleanroom technology market is expected to reach a valuation of USD 4 billion by 2022, according to a new research report from Market Research Future (MRFR). The global cleanroom technology market is mainly driven by the growing biotechnology sector and pharmaceutical industry, which require cleanrooms for pollution-free formulation of various compounds and mixtures. The report provides a clear look at the probable growth trajectory of the global cleanroom technology market over the forecast period on the basis of a detailed study of the market’s development patterns over the historical review period. The major drivers and restraints for the global cleanroom technology market are also assessed in detail in the report to provide pointers as to the key factors likely to have a lasting impact on the movement of the global cleanroom technology market over the forecast period.

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The growing biotechnology sector is likely to be a major driver for the global cleanroom technology market over the forecast period. Biotechnology research and product development require a complete absence of potential contaminants, as even the smallest presence of contaminants can ruin the results of the research or product development efforts. The growing life sciences sector has driven investment in the biotechnology sector in recent years, as disease treatment and other application avenues have come in sharp focus. Increasing government support to the life sciences sector is likely to be the major driver for the global cleanroom technology market over the forecast period.

The increasing pharmaceutical industry is also likely to be a major contributor to the global Cleanroom Consumables Market Share Increasing efforts to come up with more efficient and effective pharmaceutical formulations are likely to lead to increasing demand from the cleanroom technology market over the forecast period. Other industries are also making increasing use of cleanroom technology in order to enhance the manufacturing process, which is likely to drive the global cleanroom technology market at a strong growth rate over the forecast period.

Competitive Analysis:

Leading players in the global cleanroom technology market include Alpiq Group, Camfil, Helapet Limited, Nicomac Srl, Simplex Isolation Systems, Taikisha Ltd., Royal Imtech N.V., M+W Group GmbH, Clean Air Products, and Ardmac Ltd.

Segmentation:

The global cleanroom technology market is segmented on the basis of equipment, consumable, end user, and region.

The cleanroom technology market has been segmented on the basis of equipment into laminar air flow, HEPA filters, cleanroom air showers, cleanroom filters, desiccator cabinets, particle counters, cleanroom pass through systems, environmental monitoring system, and others.

On the basis of consumables, the market is segmented into head-caps, gloves, face masks, lab suits, footwear, wipes, swabs, disinfectants, and others.

On the basis of end user, the cleanroom technology market is segmented into pharmaceutical industry, biotechnology industry, research laboratories, and others.

Regional Analysis:

The global cleanroom technology market is segmented by region into the Americas, Europe, Asia Pacific, and the Middle East and Africa. The Americas is likely to remain the leading regional segment of the global cleanroom technology market over the forecast period due to the widespread availability of advanced cleanroom technology and the growing presence of the pharmaceutical and biotechnology industries. North America is home to several of the leading players in the global life sciences sector, leading to a steady growth in demand from the cleanroom technology market in the region. The growing food preservation and packaging industry in North America is also likely to lead to steady growth in the demand from the cleanroom technology market in the region.

Europe holds the second largest share in the global cleanroom technology market and is likely to remain a leading regional market over the forecast period due to the growing demand from the life sciences sector in the region. The growing biotechnology sector in the region is likely to remain the major driver for the cleanroom technology market in Europe over the forecast period.

Rapid growth of the biotechnology sector in developing countries such as India and China is also likely to be vital for the growth of the cleanroom technology market in Asia Pacific over the forecast period.

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Market Highlights

Global Nausea Medicine Market is expected to register a CAGR of 7.83% during the forecast period, with a market value of USD 2423.26 Million by 2027.

Nausea medicines are therapeutic agents that are effective against nausea and vomiting. Nausea and vomiting are the symptoms of several medical conditions such as motion sickness, dizziness, pregnancy, emotional stress, and food poisoning. These medicines are often used to treat the side effects of other medications including opioid analgesics, chemotherapy, and general anesthetics.

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The growing cases of cancer rise in gastrointestinal diseases, and increasing geriatric population, sedentary lifestyle and unhealthy diet, are driving the global nausea medicine market. However, a high preference for home remedies is expected to hamper the growth of this market during the forecast period. Nevertheless, collaborations between large drug manufacturing companies and small companies are likely to set a lucrative opportunity for the growth of this market in the near future.

Key Players

MRFR recognizes the following companies as the Key Players in the Global Nausea Medicine Industry— Novartis AG (Switzerland), Merck & Co., Inc. (US), F. Hoffmann-La Roche Ltd (Switzerland), GlaxoSmithKline PLC (UK), Pfizer Inc. (US), Sanofi S.A. (France), Mylan NV (US), AstraZeneca (UK), Cipla Inc. (India), and others.

Segment Analysis

Global Nausea Medicine Market has been segmented By Type, Mode of Administration, Indication, and Distribution Channel.

The nausea medicine market, on the basis of type, has been segmented into antagonists, cannabinoids, antihistamines, and others. The nausea medicine market, based on the mode of administration, is divided into oral, intravenous, and others. The nausea medicine market, based on indication, is divided into oncology, gastroesophageal reflux disease (GERD), motion sickness, and others. The nausea medicine market, based on distribution channel, is divided into hospital/retail pharmacies and online.    

Regional Analysis

Global Nausea Medicine Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is likely to hold the largest share of the global nausea medicine market during the assessment period. The presence of major pharmaceutical manufacturers, rising prevalence of gastrointestinal diseases such as GERD and cancer cases supports the Americas market growth. For instance, the American Cancer Society had stated that around 1,762,450 new cancer cases were diagnosed in 2019. Also, the prevalence of nausea is increasing among school-going children, further pushing the market growth upward. Europe established substantial growth in the market owing to the boost in the biopharmaceutical sector in the European region, improving economies, high disposable income per individual, and increased healthcare spending is anticipated to propel the demand for nausea medicine during the forecast period. Asia-Pacific is estimated to be the fastest-growing regional market due to growing awareness about diseases, government support to improve the healthcare sector, and rising geriatric population. For instance, according to United Nations ESCAP, the Asia-Pacific region is experiencing population aging at an unprecedented pace, with the number of older persons expected to more than double, from 535 million in 2015 to about 1.3 billion in 2050. The nausea medicine market in the Middle East & Africa is expected to witness gradual growth. The growth of this market is attributed to the increasing number of cancer population and rising disposable income countries such as Qatar, the UAE, and Saudi Arabia.

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Market Highlights

Global Artificial Insemination Market is expected to register a CAGR of 8.56% during the forecast period and is expected to hit USD 3,409.75 Million by 2027.

Artificial insemination involves depositing sperm into the uterus. In vitro fertilization (IVF) involves extracting the patient's egg cells to be fertilized in a lab. The resultant embryo is then transferred to the uterus. The reimbursement of these techniques is interrelated. Artificial insemination costs hundreds of dollars, while IVF costs thousands. Most of the countries in North America and Europe have a high adoption of treatments related to fertility. The number of cycles of artificial insemination covered differs depending on the country.

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The province of New Brunswick, Canada, allows individuals to claim up to 50 percent of eligible costs incurred for IVF or IUI and related drugs, up to a maximum of USD 5,000. In France, up to four cycles of ART in women up to the age of 45 are reimbursed, whereas The National Institute for Health and Care Excellence (UK) recommends support until 3 cycles. Belgium, Denmark, the Netherlands, and Slovenia are reputed for their most generous reimbursement policies in Europe, with almost full coverage for up to six cycles. IVF treatments are fully covered by Belgium, Denmark, and Slovenia states. From 2018, in vitro fertilization (IVF) and embryo transfer services and pharmaceuticals are fully financed by Estonian Health Insurance Fund (EHIF). A Policy Audit on Fertility by ESHRE and supported by Merck & Co. was published in 2017. It mentioned a wide range of treatment options are available in the Czech Republic, from Intrauterine Insemination (IUI) to surrogacy. The donor eggs and sperm and embryos are explicitly protected under Czech law, which recommends 100% coverage by mandatory health insurance for up to four IVF cycles and six IUI, for women aged 22-39 years of age. In France, IUI and IVF/ICSI are fully reimbursed for women under 43 years of age, including up to six IUIs (one IUI per menstruation cycle).

Key Players

MRFR recognizes the following companies as the Key Players in the global artificial insemination market— Vitrolife AB, Genea Limited, Rinovum Women's Health, LLC, Pride Angel, Hi-tech Solutions, Kitazato Corporation, Fujifilm Irvine Scientific, and Rocket Medical.

Segment Analysis

Global Artificial Insemination Market Analysis has been segmented based on Type and End User.

The market, based on type, has been segregated into intrauterine, intracervical, and Intratubal.

On the basis of end-user, the artificial insemination market is classified into hospitals & clinics, fertility centers, and home-based.

Regional Analysis

Global Artificial Insemination Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas accounted for a larger share of the global artificial insemination market. The large share is majorly attributed to the presence of major manufacturers, increasing adoption of assisted reproductive technologies, technological advancements, and high disposable income. Boost in the reimbursement scenario in the European region, rising government initiatives to promote family planning, an increasing number of patients facing difficulty conceiving, an increasing number of manufacturers, improving economies, high disposable income per individual, and increased healthcare spending are driving the growth of the market in this region. The Asia Pacific region is anticipated to grow at a lucrative CAGR over the forecast period. For instance, according to a study by Inito (India), a Bengaluru-based medical technology company, 27.5 million couples suffered from infertility and were actively seeking children. Also, at least 10-15% of married couples experienced fertility issues in 2019. Currently, most private and public health insurers do not include fertility procedures and treatments under their coverage plans. A research paper in Reproductive Biology and Endocrinology in 2015 assessed the use of various fertility treatments by surveying fertility specialists in France, Germany, Italy, Spain, the UK, the US, China, and Japan. The analysis reported that ART outcomes are varied by country, with the highest percentage of women facing fertility-related issues in the US and China. The availability of a large patient pool is expected to help propel the growth rate of the region.

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Market Highlights

Global Ear Infection Treatment Market is expected to have a market value of USD 19,370.24 Million by 2027.

Ear infection (sometimes called acute otitis media) is an infection that occurs in different parts of the ear like the air-filled space behind the eardrum that contains the tiny vibrating bones of the ear. Children are more likely to get ear infections than adults. The high rate of ear infections globally is driving market growth.

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Key Players

MRFR recognizes the following companies as the Key Players in the Global Ear Infection Treatment Market— Novartis International AG. (Switzerland), Sanofi SA (France), Janssen Pharmaceutica (Belgium), Pfizer Inc (US), and Abbott Laboratories (US).

Segment Analysis

Global Ear Infection Treatment Market Growth, based on the Type, has been segmented into middle ear, outer ear, and inner ear. The global ear infection treatment market, by pathogen, has been segmented into bacteria and virus. On the basis of treatment, the market is bifurcated into surgery and medication. The market for the global ear infection treatment market, by end-user, is bifurcated into hospitals, ENT clinics, and others.

Regional Analysis

Global Ear Infection Treatment Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and Middle East & Africa.

The Americas has been segmented into North America and Latin America, with the North America market further divided into the US and Canada. The Americas accounted for the largest share in 2019 due to the rising number of patient’s ear infection and technological advancements in treatment.

The European ear infection treatment market has been further segmented into Western Europe and Eastern Europe. The Western Europe market has further been classified into Germany, France, the UK, Italy, Spain, and the Rest of Western Europe. Growing incidence of ear infection in European countries and rising research and development activities, as well as new product launch and approval, are expected to propel the demand for ear infection treatment during the forecast period.

The ear infection treatment market in Asia-Pacific has been segmented into China, India, Japan, South Korea, Australia, and the Rest of Asia-Pacific. Asia-Pacific is expected to register the highest growth rate over the forecast period from 2020 to 2027. In addition, the rising geriatric population and growing research and development in ear infection treatment are expected to boost the market in the Asia-Pacific countries.

The Middle East & Africa ear infection treatment market is segmented into the Middle East and Africa. Increasing healthcare expenditure in the region is expected to fuel the market growth of the region.

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Market Highlights

According to MRFR analysis, Global Protein Therapeutics Market Size is expected to register a 6.86% CAGR during the forecast period of 2020 to 2027. 

The rising prevalence of chronic diseases such as metabolic disorders, immunologic disorders, and hematological disorders is accountable for increasing the number of hospital admissions. Chronic disease prevalence is directly responsible for the growing demand for protein therapeutics, thus, driving the growth of this market. The increased awareness among consumers regarding the high efficiency of protein and the growing adoption of plasma-derived therapies are also driving the growth of the market during the forecast period. The plasma-derived therapy is widely used in the treatment of hemophilia and von Willebrand disease (VWD).

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The increasing prevalence of hemophilia is expected to drive the growth of the market. According to the report published by the National Hemophilia Foundation, more than 400,000 patients had hemophilia in 2018. Additionally, 1% of the US population was suffering from von Willebrand disease (VWD).

However, the high cost of protein therapies and unfavorable reimbursement are likely to curb the market growth during the forecast period.

Key Players

Some of the key players in the global protein therapeutics market are Abbott Laboratories (US), Amgen Inc. (US), Baxter International Inc. (US), Eli Lilly and Company (US), F. Hoffmann-La Roche Ltd. (Switzerland), Johnson & Johnson (US), Merck & Co., Inc. (US), Novo Nordisk A/S (Denmark), CSL Behring (US), Bristol Myers Squibb Co. (US), Pfizer Inc. (US), Sanofi (France), and Biogen, Inc. (US).

Segmentation

Global Protein Therapeutics Market has been segmented based on Type, Application, and End User.

The market, based on type, has been divided into monoclonal antibodies, insulin, fusion protein, erythropoietin, interferon, human growth hormone, follicle-stimulating hormone, and others. The insulin segment is the fastest-growing segment owing to the increasing prevalence of diabetes around the world. According to the report published by the International Diabetes Federation, around 463 million people have diabetes in the world, out of all, more than 59 million patients belong to the European region. Insulin is widely used in the management of Diabetes, which is projected to increase the demand for protein therapeutics during the forecast period.

On the basis of application, the global protein therapeutics market has been segregated into cancer, metabolic disorders, immunologic disorders, hematological disorders, and others. The cancer segment holds a significant share of the global protein therapeutics market owing to the rising prevalence of cancer across the globe. According to the National Cancer Institute, in 2020, it is estimated that there will be 21,750 new cases of ovarian cancer, and an estimated 13,940 people will die of this disease. It is likely to boost the growth of the market during the forecast period.

By End User, the global protein therapeutics market has been segmented into hospitals and clinics, specialty centers, and others. An increasing number of hospital admission and the rising prevalence of chronic diseases are expected to drive the growth of the hospitals and clinics segment during the forecast period.

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas has been segmented into North America and Latin America, with the North American market being divided into the US and Canada. The Americas held the largest share in the global market in 2019. The presence of major market players and the increasing prevalence of immunologic disorders in the region are expected to boost market growth during the forecast period. 

The European market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the Rest of Western Europe. The protein therapeutics market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the Rest of Asia-Pacific. Owing to the rising geriatric population and the presence of a large patient pool, the market in Asia-Pacific is expected to be the fastest-growing. The protein therapeutics market in the Middle East & Africa has been divided into the Middle East and Africa.

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About Market Research Future:

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

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York,

New York 10013

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