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The medical automation market is gaining traction with a stable CAGR of 5.2% throughout the projection period (2022-2032). Automated patient monitoring systems are gaining success in the healthcare sector which is likely to improve the growth rate of the market.

The usage of control systems and software to independently operate and monitor a mechanized system is often termed as automation technology. These mechanized systems are used in various industrial processes including chemicals & materials, food & beverage, healthcare, and others. Automated delivery of medical practices helps reduce human errors, proves to be cost-efficient in long term, and streamlines the process with improved outcomes.

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The development of the medical automation market is predicted to be fueled by the increasing usage of point-of-care testing devices such as HIV test kits, pregnancy test kits, and digital blood pressure monitors.

Key Takeaways

• The surging demand for accuracy and reliability in medical procedures and increasing government investments are some of the dominant factors which are likely to propel the market for medical automation. Rising labor cost is yet another reason marking high sales in the medical automation market.
• There are several segmentations of the medical automation market on the basis of application, geography, and end-users. Further, the application segment is categorized into subdivisions such as the therapeutic automation market, medical automation market, and lab & pharmacy automation market.
• The medical automation market is further categorized on the basis of automated image analysis, automated imaging, and the point of care testing market. The major segments covered in the automated imaging market are automated radiography, automated microscopy, capsule endoscopy, and automated fluoroscopy.
• Lab & pharmacy automation markets can be identified on the basis of the lab automation market and pharmacy automation market. The lab automation market includes microplate readers, liquid handling, automated storage and retrieval systems, stand-alone robots, and software and informatics systems.
• Automated medication dispensing systems, automated packaging, and labeling systems, and automated medication compounding systems fall under the subdivision of the pharmacy automation market.
• End user basis in the medical automation market can be further classified as pharmacies, research laboratories & institutes, hospital, and diagnostic centers and home/ ambulatory, and others. However, strict government regulation for medical device manufacturers globally is likely to hinder the growth of this market.

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Competitive Landscape

iAccuray, Inc., Beckman Coulter, Inc., Asahi Kasei Corp, Carefusion Corp, GE Healthcare, Lifescan, Inc., Medtronic, Inc., Intuitive Surgical Inc., Omnicell, Inc, Roche Holding AG, Philips Healthcare, Siemens Healthcare, St. Jude Medical, Inc., Stanley Black and Decker, Inc, Swisslog Holdings AG, Stryker Corporation, Simsurgery As, Parata Systems LLC are some of the key companies profiled in the full version of the report.

Key players in the medical automation market are collaborating with each other and surging investments by venture capitalists are some of the prominent reasons, which have augmented the demand for medical automation all over the world.

More Insights into the Medical Automation Market

North America is currently estimated for the largest share of the medical automation market followed by the European region. Owing to surging government investments and funding, there is a significant dominance witnessed by these regions.

The medical automation in therapy segment accounts for the major market share in the U.S. followed by diagnostics & monitoring and logistics & training.

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Countries like India, China, Japan, and Taiwan are anticipated to showcase a phenomenal growth rate in the Asia-Pacific region in the near future. The prominent reason behind an expansion would be a rapid decline in the number of rural laborers, increasing government investments towards automation and economic developments.

In addition to that, the growing demand for automation in research laboratories is further propelling growth in the medical automation market in the Asia-Pacific region.

Healthcare Automation Market – Segmentation

FMI’s study on the global healthcare automation market includes information divided into three segments: application, end-user, and region. Changing industry trends and other market dynamics associated with these segments of the global healthcare automation market are discussed in detail.

Application         

• Therapeutic Automation
• Lab & Pharmacy Automation
• Logistics & Training Automation
• Diagnostics & Monitoring Automation

End-user   

• Pharmacies
• Research Institutes & Labs
• Home Care
• Others

Region       

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:                                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/medical-automation-market
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The medical automation market is gaining traction with a stable CAGR of 5.2% throughout the projection period (2022-2032). Automated patient monitoring systems are gaining success in the healthcare sector which is likely to improve the growth rate of the market.

The usage of control systems and software to independently operate and monitor a mechanized system is often termed as automation technology. These mechanized systems are used in various industrial processes including chemicals & materials, food & beverage, healthcare, and others. Automated delivery of medical practices helps reduce human errors, proves to be cost-efficient in long term, and streamlines the process with improved outcomes.

Request a Sample PDF @
https://www.futuremarketinsights.com/reports/sample/rep-gb-397

The development of the medical automation market is predicted to be fueled by the increasing usage of point-of-care testing devices such as HIV test kits, pregnancy test kits, and digital blood pressure monitors.

Key Takeaways

• The surging demand for accuracy and reliability in medical procedures and increasing government investments are some of the dominant factors which are likely to propel the market for medical automation. Rising labor cost is yet another reason marking high sales in the medical automation market.
• There are several segmentations of the medical automation market on the basis of application, geography, and end-users. Further, the application segment is categorized into subdivisions such as the therapeutic automation market, medical automation market, and lab & pharmacy automation market.
• The medical automation market is further categorized on the basis of automated image analysis, automated imaging, and the point of care testing market. The major segments covered in the automated imaging market are automated radiography, automated microscopy, capsule endoscopy, and automated fluoroscopy.
• Lab & pharmacy automation markets can be identified on the basis of the lab automation market and pharmacy automation market. The lab automation market includes microplate readers, liquid handling, automated storage and retrieval systems, stand-alone robots, and software and informatics systems.
• Automated medication dispensing systems, automated packaging, and labeling systems, and automated medication compounding systems fall under the subdivision of the pharmacy automation market.
• End user basis in the medical automation market can be further classified as pharmacies, research laboratories & institutes, hospital, and diagnostic centers and home/ ambulatory, and others. However, strict government regulation for medical device manufacturers globally is likely to hinder the growth of this market.

For Critical Insights, Request For PDF Brochure @
https://www.futuremarketinsights.com/reports/brochure/rep-gb-397

Competitive Landscape

iAccuray, Inc., Beckman Coulter, Inc., Asahi Kasei Corp, Carefusion Corp, GE Healthcare, Lifescan, Inc., Medtronic, Inc., Intuitive Surgical Inc., Omnicell, Inc, Roche Holding AG, Philips Healthcare, Siemens Healthcare, St. Jude Medical, Inc., Stanley Black and Decker, Inc, Swisslog Holdings AG, Stryker Corporation, Simsurgery As, Parata Systems LLC are some of the key companies profiled in the full version of the report.

Key players in the medical automation market are collaborating with each other and surging investments by venture capitalists are some of the prominent reasons, which have augmented the demand for medical automation all over the world.

More Insights into the Medical Automation Market

North America is currently estimated for the largest share of the medical automation market followed by the European region. Owing to surging government investments and funding, there is a significant dominance witnessed by these regions.

The medical automation in therapy segment accounts for the major market share in the U.S. followed by diagnostics & monitoring and logistics & training.

Ask Us Your Questions about This Report @
https://www.futuremarketinsights.com/ask-question/rep-gb-397

Countries like India, China, Japan, and Taiwan are anticipated to showcase a phenomenal growth rate in the Asia-Pacific region in the near future. The prominent reason behind an expansion would be a rapid decline in the number of rural laborers, increasing government investments towards automation and economic developments.

In addition to that, the growing demand for automation in research laboratories is further propelling growth in the medical automation market in the Asia-Pacific region.

Healthcare Automation Market – Segmentation

FMI’s study on the global healthcare automation market includes information divided into three segments: application, end-user, and region. Changing industry trends and other market dynamics associated with these segments of the global healthcare automation market are discussed in detail.

Application         

• Therapeutic Automation
• Lab & Pharmacy Automation
• Logistics & Training Automation
• Diagnostics & Monitoring Automation

End-user   

• Pharmacies
• Research Institutes & Labs
• Home Care
• Others

Region       

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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https://vocal.media/stories/dental-imaging-equipment-market-2022-scope-of-current-and-future-industry-2030

About FMI                     

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:                                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/medical-automation-market
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The overall Portable Medical Devices market is projected to expand at a CAGR of 10.7% during the forecast period.

“With the ever-changing landscape of portable gadgets, wireless networking and small product design are no longer restricted to smartphones and music players but are also redefining the healthcare industry. To simplify and enhance patient care, researchers are developing new goods such as portable ultrasound machines.”

Preference for less intrusive medical technologies and portability has shifted the attention towards insulin pumps, oxygen concentrators, etc. which are changing the facet of the portable medical devices market for the better.

What Factors Influence the Adoption of Portable Medical Devices?

“Regulatory approval will continue to be an important milestone for portable diagnostic medical devices market participants.”

The approval of the US Food and Drug Administration (FDA), which governs the marketing of portable medical devices, is a critical aspect. FDA clearance is provided once the device has been proven to be reasonably effective and safe to use. Manufacturers of portable medical devices and portable vital signs monitor seek FDA clearance since it is an important part of the product’s entire distribution.

Aptatek Biosciences, Inc. is one of the firms that received FDA approval for its PKU test system, a portable vital signs monitor used for checking phenylalanine levels in the blood in real time. The FDA has also approved PixCell Medical’s HemoScreen haematological analyzer.

Governments in developing countries are stepping forward to deploy portable medical devices in order to make significant advances. The administration of Makati City, in the Philippines, is taking measures to buy automated external defibrillators and portable ultrasound machine for use as a first-aid equipment. HeartSine Technologies, the industry leader in portable medical devices, created the Public Access Defibrillators.

Furthermore, with GE Healthcare, one of the top competitors in the portable medical device market, investing in Asia Pacific’s key nations, such as China, the area is poised for enormous growth in the future years.

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Key Players:

• HeartSine
• Hologic
• PhysioControl
• Cooper Surgical
• GE Healthcare
• Sorin Group
• Schiller AG
• Zoll Medical
• Philips
• Cardiac Science

How Major Portable Medical Devices Providers Work on New Product Development?

HeartSine, Hologic, PhysioControl, Cooper Surgical, GE Healthcare, Sorin Group, Schiller AG, Zoll Medical, Philips, and Cardiac Science are among the leading competitors in the portable medical devices industry.

Hologic, for example, recently released the Viera Portable Breast Ultrasound System, a high-quality portable ultrasound machine.  The product is now available in the United States and European market, according to the business.

Philips, another manufacturer of portable medical devices, recently unveiled the Trilogy Evo, a brand-new portable ventilator. The company’s sleep and respiratory care management system is credited to the product. The Z Vent portable ventilator was also created by ZOLL Medical Corporation for use in hospitals.

Portable medical device market participants are also given cutting-edge platforms in addition to new product advancements. Cooper Surgical, Inc. has introduced the CooperGenomics technology platform and endometrial receptivity test. Leading companies’ continued efforts are predicted to drive innovation in the portable medical devices market.

Which Region takes the Lead in Portable Medical Devices?

The global portable medical devices market is broadly categorised into seven regions. Among these regions, North America is currently an established portable medical electronic devices market with rapid advancements in technology and huge pipeline of innovation underway.

North America’s portable medical device market includes the United States and Canada. Brazil, Mexico, and the rest of Latin America make up the Latin America portable medical devices.

Western Europe portable medical devices on Wheels Italy, Germany, France, the United Kingdom, the Nordic nations, and the rest of Western Europe make up the market.

Russia, Poland, and the rest of Eastern Europe make up the Eastern Europe market for portable medical devices. China, ASEAN, India, Australia, and New Zealand are all part of the Asia Pacific market for portable medical devices.

The market for portable medical devices in Japan. Africa and the Middle East Medical gadgets that can be carried around South Africa, the Gulf Cooperation Council, and the rest of MEA make up the market.

By Product

• Diagnostic Imaging
• Therapeutics
• Monitoring Devices

By Application

• Gynecology
• Cardiology
• Gastrointestinal
• Urology
• Neurology
• Respiratory
• Orthopedics
• Others

By Region

• North America
• Latin America
• Asia Pacific
• Japan
• Western Europe
• Eastern Europe
• Middle East & Africa

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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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About FMI                     

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:                                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/portable-medical-devices-market
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Telehealth Kiosk Market demand is estimated to be valued at US$ 12 Billion in 2022 globally, rising with an opulent CAGR of 12.79% surpassing the valuation of US$ 40 Billion from 2022 to 2032.

Being an essential component of future healthcare systems and programs, telehealth kiosks utilize telecommunication technology that allows healthcare professionals to treat patients from a distance.

Imbibed with telemedicine features such as telephony and video conferencing with healthcare providers, the telehealth kiosk program helps patients save money on healthcare by reducing visit and wait times.

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Key Takeaways

• Telehealth kiosks are stuffed with exceptional properties such as the ability to store and forward diagnostic data as well as reports. This capability of telehealth kiosks aids in having access to specialists from anywhere.
• The systems include tools for tracking vital signs and other health data, which is advantageous to patients. Telehealth kiosks could reduce the number of transfers from one facility to another off-site medical facility, lowering transportation costs and allowing for earlier diagnosis.
• They are designed to meet specific healthcare needs in a single solution including clinical examination devices such as a stethoscope, SpO2 sensors, and a blood pressure monitor.
• Stuffed with special features such as ADA assistance devices for patients who are deaf, blind, or have limited mobility, the market is likely to propel significant growth in the future.
• The Asia Pacific telehealth kiosk market, excluding Japan, is expected to grow rapidly during the forecast period due to rising healthcare spending and increased digitalization.

Competitive Landscape

American Well, Olea Kiosks Inc., Computerized Screening Inc., H & S Quality in Software SpA, AMD Global Telemedicine, Inc., InTouch Health, Computerized Screening Inc., ZIVELO Inc. are some of the key companies profiled in the full version of the report.

The increased adoption of telemedicine services, technological advancement, and a significant increase in the need for emergency consultation is contributing immensely to the telehealth kiosk market.

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More Insights into the Telehealth Kiosk Market Overview

According to Future Market Insights, Western Europe is expected to contribute the second largest revenue share in the telehealth kiosk market as a result of increased adoption of telemedicine services, technological advancement, and an increase in the need for emergency consultation.

Due to the rising healthcare spending and increased digitalization, the Asia Pacific market is expected to grow rapidly.

The increasing use of telehealth kiosks as digital pharmacies is expected to drive the growth of the telehealth kiosks market over the forecast period.

Telehealth kiosks can only administer a small number of common medications. Strong reimbursement policies for telemedicine carts have also aided the growth of the market for telehealth kiosks.

Telehealth kiosks are becoming increasingly popular in developed countries due to high demand for healthcare cost reduction. Increased collaboration with manufacturers, hospitals, and pharmacies for telehealth kiosks is expected to support the growth of the telehealth kiosk market.

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Key Segments Profiled in the Telehealth Kiosk Industry Survey

Application:

• Telehealth Kiosk for Vital Signs Monitoring
• Telehealth Kiosk for Teleconsultation

End User:

• Telehealth Kiosks in Hospitals
• Telehealth Kiosks in Community Clinics
• Telehealth Kiosks in Pharmacies

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About FMI                     

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:                                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/telehealth-kiosk-market
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The global elastography imaging market is estimated to reach US$ 3.1 Bn in 2022, and anticipated to reach US$ 8.9 Bn by 2032, owing to an increase in demand for minimally invasive medical procedures. As per FMI, the elastography imaging market is likely to exhibit the said growth at a CAGR of 11.2% during the forecast period from 2022 to 2032.

Elastography is a medical imaging technique used to measure elastic properties and stiffness of the soft tissues. Ultrasound and magnetic resonance imaging are the most common elastography technique used to make stiffness map, determination of several diseases in the body. Elastography imaging is taking place of biopsy as a completely non-invasive technique.

Impact of COVID-19 on the Healthcare Industry

The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Elastography Imaging Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as along with the key takeaways over the forecast.

The team of analysts at Future Market Insights are focussing on research and market study to produce different Elastography Imaging Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Elastography Imaging Market.

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Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are: GE healthcare, Koninklijke Philips N.V., Siemens Healthineers, Hitachi Ltd., Mindray Medical International Limited, Fujifilm Holdings Corporation, Canon Medical Systems Corporation, Landwind Medical, Esaote SpA, SonoScape Medical Corp, SuperSonic Imagine and others

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

On the basis of technique, elastography imaging market can be segmented as:

• Ultrasound Elastography Imaging
• 1D transient Elastography
• Point shear-wave Elastography
• Shear-wave Elastography
• MR based Elastography

On the basis of application, elastography imaging market can be segmented as:

• Gynecology & Obstetric
• Cardiology
• Orthopedic & Musculoskeletal
• Vascular
• Neurology
• General Imaging

On the basis of modality, elastography imaging market can be segmented as:

• Portable
• On-Platform

On the basis of end user, elastography imaging market can be segmented as:

• Hospitals
• Clinics
• Diagnostic Laboratories
• Ambulatory Surgical Centers

Product Segmentation

The investigation offers a top to bottom evaluation of different clients’ journeys pertinent to the market and its segments. The study endeavours to assess the current and future development possibilities, undiscovered roads, factors that shapes their income potential in the global market by breaking it into di such as its types, applications, and region-wise assessment.

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By Regional Analysis Covered

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (India, China ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Full in-depth analysis of the parent market

The analysts at FMI are dedicated to provide insights after extensive research and study. The study also includes estimations, projections and evaluation of the market dynamics.

Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

Segmentation details of the market

• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets

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About FMI                     

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:                                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/elastography-imaging-market
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The global closed system transfer devices market was valued at USD 872 Million in 2022 and it is anticipated to grow at 18.1% CAGR during the forecast period to reach up to USD 3800 Million by 2032.

A closed system transfer device or ‘CSTD’ is a drug transfer device, which mechanically restricts the transfer of environmental contamination in the medical system and the escape of hazardous drug or vapor concentrations outside the system. Open versus closed systems are commonly applied in medical devices to maintain the sterility of a fluid pathway. CSTDs work by preventing- uncontrolled inflow and outflow of contaminants and drugs, preserving the quality of the solution to be infused into a patient. These devices ensure the safety of healthcare workers during the usage of hazardous drugs or chemicals.

Closed system transfer device designs and models have changed at a rapid rate in recent years, resulting in the development of a number of independent testing methodologies to assess closed system transfer device performance. Currently, manufacturers in the closed system transfer devices market are focusing more on adhering to performance requirements, which largely focus on patient safety and sterile practices.

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Market Trends and Drivers: The key factors such as rising use of CSTDs to combat the harmful effect of cytotoxic and antineoplastic drugs. Antineoplastic drugs are widely used in the treatment of cancer and are considered hazardous drugs. Healthcare workers involved in the preparation, transport, distribution, administration (pre and post-administration), and disposal of these drugs are at extremely high risk.

The National Institute for Occupational Safety and Health (NIOSH) recommends the use of CSTDs to eliminate the harmful effects caused by exposure to hazardous substances that escape out of the system during drug preparation and administration. CSTDs act as a barrier and prevents the entry of contaminants prevent the transfer of contaminants from the atmosphere to a sterile environment. Due to these advantages, CSTDs are increasingly being used in healthcare facilities to combat the harmful effects of hazardous drugs. Chemotherapy, a widely adopted cancer treatment, uses one or more antineoplastic drugs, which destroy abnormal cells in patients. The use of closed system transfer devices (CSTDs) in conjunction with other safety precautions such as gloves, gowns, masks, and vented preparation hoods is an effective way to increase safety when preparing, transporting, administering, and disposing of hazardous drugs. With the increasing incidence of cancer and increasing adoption of chemotherapy treatments, the demand for CSTDs is expected to increase in the upcoming years.

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COVID-19 Impact: The outbreak of COVID-19 led to a decrease in the demand for CSTDs during the first two quarters of 2020. Due to the virus containment norms and nationwide lockdowns, there were limited patient footfalls in hospitals, mostly related to COVID-19 and emergency cases. The elective medical procedures are on hold thereby causing a negative shift in the demand for CSTDs. Still, with the decline in the number of active COVID-19 cases coupled with the economic recovery in developed nations, further utilization of these devices may be expected in the near future. Major Players in Closed System Transfer Devices Market: The key players in the closed system transfer devices market are B. Braun Holding GmbH & Co. KG, Baxter International, Becton, Dickinson and Company, Caragen Ltd, Corvida Medical, Equashield, FIMI Opportunity Funds (Simplivia Healthcare), ICU Medical, JCB Co Ltd. (JMS Co Ltd.), Yukon Medical.

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As per FMI, the Bone Cement Delivery Systems Market is predicted to witness US$ 830 Mn in 2022 and is expected to exhibit a CAGR of 6.9% from 2022 to reach US$ 1730 Mn by 2032.

The primary factor responsible for this significant market growth and sales of bone cement delivery systems includes an increased count of osteoporotic fractures..

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In orthopedic musculoskeletal surgical procedures, bone cement is used to fix prostheses to the bone. The surgical procedures can be osteoarthritis, traumatic arthritis, osteoporosis, vascular necrosis, rheumatoid arthritis, collagen disease, and revision of the previous arthroplasty.

Bone cement delivery systems have gained broader acceptance for several orthopedic surgeries and procedures in the past few years. Even though bone cement has been the gold standard in the field of joint replacement surgery, its uses are rather reduced due to the invention of press-fit implants, which promotes the growth of bones. The inadequacies, side effects and toxicity of bone cement have been addressed in recent times.

The global bone cement delivery systems market is predicted to gain more popularity owing to the increasing prevalence of osteoporosis worldwide. Fractures in the spine, hip, knee, shoulder, or wrist is termed osteoporotic fracture. This has grown to nearly 8.9 million worldwide. Therefore, an increasing number of individuals who are undergoing osteoporosis is anticipated to drive the demand for bone cement delivery systems.

According to a particular study published by the International Osteoporosis Foundation, there are over 200 million individuals worldwide who are suffering from osteoporosis. Moreover, around 8.9 million fractures happen due to osteoporosis each year; this factor further boosts the sales of bone cement delivery systems.

In addition to this, another factor contributing to the growth of bone cement delivery systems market share is the increasing number of knee and hip replacements. In the United States alone, the number of hip replacement surgery has reached 572,000, and by 2030, knee replacements will reach 3.5 million.

What Factors are Propelling the Bone Cement Delivery Systems Demand?

According to the global bone cement delivery system market trends, it has been observed that across the world elderly population undergoes various orthopedic procedures or surgeries due to higher vulnerability to many orthopedic conditions and the constant rise in the geriatric population across the globe. This is the key factor that has boosted the demand for bone cement delivery systems.

The manufacturers have a constant urge to maintain their revenue share in this market, and this drives them to focus on a novel approach that, as a result, promotes the growth of the market.

Additionally, there are some other key market driving factors such as rising competition and regional growth, increasing trends and acceptance of innovative procedures. Facts such as bone cement delivery systems are very efficient to use and give firm control and target delivery of a precise amount of cement delivery, integrated safety mechanisms, and negligible risk of injuries to the patient are some of the key reasons which have boosted the demand for bone cement delivery systems.

With all the market driving factors, there also comes some factors that hamper the growth of the market. Factors such as various risks linked to the bone cement delivery systems, lack of awareness of the same, and lack of affordability in the middle-income and poor countries as anticipated to hinder the bone cement delivery systems’ market growth during the forecast years.

The restricting factors like higher costs associated with bone cement and the presence of counterfeit products will hinder the growth of the market. The bone cement delivery systems have found their application in several surgical procedures like hip arthroplasty, kyphoplasty, knee arthroplasty, and vertebroplasty, and this will further strengthen the demand for bone cement delivery systems market.

In 2020, the arthroplasty segment was responsible for the biggest bone cement market share. Arthroplasty is done when several other medical treatments fail in pain-relieving and are unable to restore joint function. Therefore, in recent years this procedure has gained popularity and is, as a result bolstering the market’s growth.

In the cement type segment, polymethyl methacrylate cement is responsible for a significant market share, and the calcium phosphate cement segment is anticipated to garner maximum CAGR during the forecast period.

Polymethyl methacrylate is a plastic having extraordinary mechanical properties and very minimum toxicity. This cement is widely known to be used in hip replacements owing to its inert properties. However, they do degrade slowly. This rise in demand for polymethyl methacrylate is boosting market growth. Of the end-user segment, in 2020, the hospital segment dominated and is also known to lead the segment’s market during the forecast period. This is due to the increasing prevalence of osteoporosis.

Which Region accounts for the Significant Share in Bone Cement Delivery Systems Market?

Based on geography, the global bone cement delivery systems market is segmented into several key regions, viz. North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.

Region-wise, it has been predicted that North America could be responsible for holding the majority market share of the global bone cement delivery systems market. Factors like rising incidences of accidents that result in bone ruptures and fractures have contributed to the demand of this market in this region. Centres for Disease Control and Prevention report released data which stated that approximately 4 million people visit the emergency section of hospitals due to fractures. But osteoporotic fractures are not very cost-efficient, and, therefore, it has given growth opportunities in this market.

Following this region, Europe is predicted to garner a higher market share due to a greater number of manufacturers’ presence and novel product launches of bone cement delivery systems for several surgeries.

In the Asia Pacific region, countries like India, China, Korea, and Japan are said to experience an increased adoption rate and increase in healthcare expenditure; this will propel the growth of the bone cement delivery system market in the Asia Pacific. The International Osteoporosis Foundation in 2017 recorded 8.9 million fractures. Furthermore, there is more acceptance for general, prosthetic fixation and an increasing number of knee surgeries, and this has facilitated the growth of this market further.

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Bone Cement Delivery Systems Market Competition

Some of the most prominent companies in the global Bone Cement Delivery Systems market are BD, Stryker Corporation, 3M, Cardinal Health, Entellus Medical, Johnson & Johnson Services, Inc., Medtronic PLC, Smith & Nephew plc, IZI Medical Products, and Synimed.

Stryker’s AutoPlex mixer and delivery system are extremely fast and convenient to use. With a single press of a button, the device mixes and transfers superiorly viscous bone cement for delivery in less than 60 seconds. It has an automated blade that is driven by a mixing chamber and renders continuous blending of components and thereby excluding human error and variability.

Key Companies profiled

BD, Stryker Corporation, 3M, Cardinal Health, Entellus Medical, Johnson & Johnson Services, Inc., Medtronic PLC, Smith & Nephew plc, IZI Medical Products, and Synimed

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:                                        

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As per Future Market Insights’ latest industry analysis, the global preclinical medical device testing services market accumulated US$ 6 Billion in 2021, and is expected to garner US$ 6.72 Billion by 2022. The market is expected to gain US$ 20.87 Billion by 2032 while expanding at a staggering double-digit CAGR of 12% from 2022 to 2032. Growth of the market is attributed to the strict regulations imposed by governmental bodies to maintain safety standards.

Integration of artificial intelligence along with Internet of Things is playing a key role in advancing preclinical medical device testing services. In addition, the growing burden of treating diseases at an early stage is creating opportunities for the development of preclinical medical device testing services. Manufacturers too are researching and analyzing preclinical devices to solve problems related to the same at an early stage. This, in turn, is driving the demand for preclinical medical device testing services.

On the contrary, incompatible sterilization measures along with equipment sensitivity is derailing the progress of the market. In addition, approvals of preclinical medical devices differ from region to region. This, in turn, is hampering the growth of the overall market.

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Key Takeaways from the Market Study

• Global preclinical medical device testing services market is expected to flourish 3x from 2022-2032
• Microbiology and sterility testing expected to possess a market share for 35%
• U.S projected to lead the market by expanding at a CAGR of 18% during the forecast period.
• India expected to register a CAGR of 13% for preclinical medical device testing services in the assessment period 2022-2032
• Switzerland to be an emerging hub across Europe, expected to reflect a 10% value CAGR until 2032

Competitive Landscape

Key market players in the preclinical medical device testing services are Eurofins Scientific, Nelson Labs, North American Science Associates, Inc, WUXI APPTEC, SGS SA, Labcorp, TÜV SÜD AG, Sterigenics International LLC, Pace Analytical Services LLC, Intertek Group Plc, Charles River Laboratories International, Inc. Some of the recent key developments among the players are:

• In February 2022, Eurofins acquired Genetic Testing Service JSC from Vietnam. Through this expansion, the company is planning to expand its presence in Asia and strengthen its global network of advanced genetic testing.
• In September 2021, Nelson Labs and Sterigenics have collaborated to open a state of art laboratory and expand sterilization facilities to meet growing customer demand in Europe.

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Key Segments Covered in the Preclinical Medical Device Testing Services Market Report

Preclinical Medical Device Testing Services Market by Service:

• Preclinical Biocompatibility Medical Device Tests
• Preclinical Medical Device Chemistry Test
• Preclinical Medical Device Microbiology & Sterility Testing
  • Bioburden Determination
  • Pyrogen & Endotoxin Testing
  • Sterility Test and Validation
  • Antimicrobial Activity Testing
  • Others
• Preclinical Medical Device Package Validation

Preclinical Medical Device Testing Market by Region:

• North America Preclinical Medical Device Testing Services Market
• Latin America Preclinical Medical Device Testing Services Market
• Europe Preclinical Medical Device Testing Services Market
• Asia Pacific Preclinical Medical Device Testing Services Market
• Middle East & Africa Preclinical Medical Device Testing Services Market

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More Valuable Insights Available

FMI, in its new offering, presents an unbiased analysis of the global preclinical medical device testing services market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights by Service (Biocompatibility Tests, Chemistry Test, Microbiology & Sterility Testing), & Region Forecast till 2032

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About FMI                     

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:                                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/preclinical-medical-device-testing-services-market
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