IoT in Healthcare Market is projected to reaching US$ 952.3 Billion by 2032

[297 Pages Report] The global IoT in healthcare market is projected to reach US$ 181.4 Billion in 2022, anticipated to grow at a CAGR of 18.0%, reaching US$ 952.3 Billion by 2032. The market is slated to document a Y-o-Y growth rate of 20.7% from 2021-2022, increasing from the previously registered value of US$ 150.3 Billion.

By enabling real-time patient data access and remote patient monitoring, the Internet of Things (IoT) has the potential to disrupt traditional paper-based healthcare therapy. With the emergence of this digital healthcare technology, the impending need for enhanced diagnostics and targeted therapeutic options was met.

Furthermore, it not only enables physicians to remotely monitor patients, but it also functions as a fitness and wellness tracker for athletes and a dose reminder for patients. The successful implementation of IoT in remote monitoring of diabetic and asthma patients, along with the growing usage of fitness and wellness devices, has resulted in a considerable demand for the IoT healthcare business.

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Key Takeaways from the Market Study
•IoT in healthcare experienced a growth rate worth 18.8% between 2015 and 2021

  • Portable diagnostic devices in the IoT in Healthcare segment to expand at a CAGR of 10.1% during the forecast period
  • In the U.S., the market is predicted to reach US$ 208.1 Billion while growing at a CAGR of 18.9% during the forecast period
  • China’s market is expected to reach a market value of US$ 92.8 Billion with a CAGR of 19.5% during the forecast period

“Big data analytics is an area of IoT that is quickly expanding. The most recent breakthroughs in machine learning, logical procedures, computational intelligence, and data mining are required for big data analytics”, says an FMI analyst.

Competitive Landscape

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Key players that have been profiled in the report are Apple Inc., Cisco Systems Inc., GE Healthcare Ltd., Google (Alphabet), International Business Machines
Corporation, Medtronic PLC, Microsoft Corporation, Proteus Digital Health, Koninklijke Philips N.V., QUALCOMM Incorporated, and Abbot Laboratories are among companies that offer products and technologies that will allow customers to take advantage of new technologies.

  • In April 2019, Royal Philips and Spencer Health Solutions expanded their relationship to provide chronically sick patients in selected European Union (EU) nations with in-home medication adherence and the Philips telehealth platform.
  • Medtronic worked with IBM Watson in January 2019 to provide IQcast, a new feature of its current product Sugar.IQ, for iOS mobile devices in the United States. The software would provide patients with a hypoglycemic episode to monitor their low glucose level by anticipating the occurrence 1 to 4 hours in advance.

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Medical Physics Market Key Players : Gilbert Health Physics, Medical Physics Services, Medical Physics Services Consultants, Inc.

According to the latest research by Future Market Insights (FMI), the global market for medical physics will exceed the valuation of US$ 6 billion towards the end of projection period.

Prominently driven by the growth of medical tourism sector and increasing expanse of diagnostics, the global revenue of medical physics market will reportedly thrive at a healthy over-6% CAGR during 2018-2028. Growing adoption of nuclear medicine has also been cited as an important factor responsible for a positive growth outlook anticipated for medical physics market.

However, the report also highlights that the insufficient availability of skilled workers and relatively poor healthcare infrastructure for medical physicist trainings in developing regional markets will continue to restrict penetration of medical physics in the long run.

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The ‘Outsourcing’ Trend Is Creating Firm Base for Merger & Acquisition Strategies

With the consolidation of hospitals, there is an increasing need for larger firms in the medical physics market, with an intent to handle the outsourced services so as to contract with fewer services providers. The medical physics market is characterised by the presence of small independent companies, and there is a negligible number of large-scale operators. According to the report, this presents opportunities for private equity firms to enter the middle-market platform and scale-up their medium-scale operations to large-scale operations through the acquisition of smaller firms.

Other factors driving mergers and acquisitions in the medical physics market include increasing stringent regulations and an increasing number of owners looking to exit the medical physics business. Increasing stringent regulations have resulted in the inspection of a larger number of machines and associated elements. Several healthcare systems are incurring higher risks due to the increasingly stringent regulations. This opens opportunities for medical physics companies to ensure compliance and reduce operation cost by outsourcing. Furthermore, most of the medical physics firms are owned and operated by baby boomers who are about to retire from their medical physics business. For a majority of those medical physics service providers who are retiring, selling their business has been considered to be the most preferred option.

Some of the other trends in the medical physics market include increased outsourcing by healthcare providers, increasing number of independent diagnostic imaging centres, and advancements & adoption of technology across the world.
Segmental Insights: Medical Physics Market

Diagnostic modality, driven by increasing adoption of diagnostic procedures such as PET, SPECT, CT, and MRI, will continue to account for more than 65% share of the total medical physics market value.

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Based on services, accreditation assistance is slated to remain dominant, followed by safety surveys. The report anticipates physics testing and regulatory and auditing services to emerge highly potential.

Following hospitals, diagnostic imaging centers are likely to register significant adoption rate in the medical physics market through 2027.

The North American and European medical physics market will reportedly account for a majority of market value, according to FMI’s analysis on medical physics market. The report has attributed this dominance to rapid consolidation of healthcare facilities in these regions.

Some of the key players in the medical physics market include Krueger-Gilbert Health Physics, Inc., LANDAUER, Medical Physics Services, Medical Physics Services Consultants, Inc., Alyzen Medical Physics Services, Radiation Safety & Control Services, Inc., Upstate Medical Physics Services, Dade Moeller & Associates, Versant Medical Physics Services & Radiation Safety, Alliance Medical Physics Services LLC, West Physics Consulting, LLC, Associates in Medical Physics Services, Radiation Services, Inc., Jaeger Corporation, and Petrone Associates, LLC.

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Global Medical Physics Market: Segmentation
Analysis by Modality

Diagnostic
Radiographic X-Ray Systems
Fluoroscopic X-Ray Systems
Dental X-Ray Systems
Mammography Systems
Computed Tomography
Magnetic Resonance Imaging
Ultrasound
SPECT
PET
Others
Therapeutic
LINAC
Brachytherapy
Others

Analysis by Service

Accreditation Assistance
Performance Testing
Physics Testing
Radiation Dose Monitoring
Radiation Safety Training
Treatment Commissioning Services
Safety Surveys
Regulatory and Auditing Services
Others

Analysis by End User

Hospitals
Ambulatory Surgical Centers
Diagnostic Imaging Centers
Academic and Research Institutes

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Analysis by Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa

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3D Cell Culture Market to attain a valuation of US$ 2.67 Billion by 2031

The 3D cell culture market revenues surpassed US$ 778 million in 2018, as per a new FMI study. The market is estimated to grow at 7.8% y-o-y in 2019; key factors responsible for the projected market growth include,

  • A steady rise in global research and development expenditure
  • Efforts to leverage the potential of 3D cell culture to replace animal model testing
  • Increasing demand for biosimilar products
  • Extensive application of stem cell research and a growing emphasis on regenerative medicine

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The FMI study finds that scaffold-based 3D cell culture techniques are highly preferred over scaffold-free 3D cell culture. Owing to the significant adoption of scaffold-based 3D cell culture, the study finds that this technique garnered over 81% of the global market revenues.

Scaffold-based 3D cell culture techniques deliver researchers with additional functional operations in terms of material – natural or synthetic and different mechanical properties.

The technique uses either hydrogel-based support or polymeric hard material based support. Both types of supports find equivalent penetration in terms of application, however revenues garnered from polymeric hard material based support are higher.

According to the study, revenues of polymeric hard material based support held over half the scaffold-based 3D cell culture technique revenues in 2018 and the trend is expected to continue in the future.

“While 2D cell culture revolutionized the research efforts in stem cells, tissue engineering, and molecular biology, 3D cell culture has pushed the boundaries of traditional 2D cell culture technique with functional superiority. As the R&D efforts continue to rise in a bid to investigate the cause of different diseases and improve human health, 3D cell culture is set to remain a highly sought-after technique in the coming years,” says FMI.

Leading Manufacturers in the 3D Cell Culture Market:

  • Thermo Fisher Scientific Inc.,
  • Merck KGaA,
  • Becton,
  • Dickinson and Company, and Lonza,
  • Corning Incorporated,
  • Synthecon, Inc.

Competitive Landscape of the Global 3D Cell Culture Market

The competition section of the 3D cell culture market represents the profiles of the key players operating in the 3D cell culture market based on the products they offer and the total revenue of the companies. Some of the key players featured in this report include Thermo Fisher Scientific Inc., Merck KGaA, Becton, Dickinson and Company, Lonza, and Corning Incorporated.

The key manufacturers of 3D cell culture offer a wide range of products. Thermo Fisher Scientific, Inc. has developed a joint platform for advancing research in precision medicine.

Corning, one of the major leaders in 3D cell culture market, manufactures cell culture products, which include consumables (such as plastic vessels, specialty surfaces, cell culture media, and serum), as well as general labware and equipment, which are used for advanced cell culture research.

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Application of 3D Cell Culture in Cancer Research Prominent

The FMI study estimates that 3D cell culture application in cancer research accounted for over 31% of the 3D cell culture market revenues in 2018. Cell culture is an integral part of cancer drug discovery practices. Greater strides are underway in the field to precisely characterize the diseases and develop advanced tumor cell lines using 3D cell culture techniques.

2D culture lines are considered as a standard for in vitro pre-clinical cancer treatment screening. However, more recently, the field is turning to 3D cell culture techniques to implement an ideal experimental model that mimics the human body environment to its best.

Stem cell technology is another lucrative field for 3D cell culture market. According to the FMI study, application in stem cell technology accounted for over one-fourth of the 3D cell culture market revenues in 2018. While 2D cell culture posed challenges of scalability in stem cell technology, apart from a few challenges, 3D cell culture has provided greater density and multi-fold expansion of the culture system in stem cell technology. Other fields that utilize 3D cell culture techniques are tissue regeneration, regenerative medicine, and drug discovery.

Revenues in North America Continue to Surge

North America continued to spearhead the revenues of 3D cell culture market during the historical period and the status-quo is likely to continue in the future. In 2018, North America accounted for over two-fifths of the global 3D cell culture market revenues. The study estimates that regional revenues are expected to grow at 8% in 2019 over 2018.

Funding in research and development, especially in cancer research remains higher in the United States as compared to other developed countries. Europe also presents significant funding in R&D activities. The FMI study finds that over one-fourth of the 3D cell culture market revenues were accounted for the Europe region in 2018, of which a bulk of revenues come from Western European countries such as Germany, the UK, France, Italy and Spain.

Key Segment Based on product type

  • scaffold-free 3D cell culture
  • scaffold-based 3D cell culture

Based on application

  • drug discovery
  • tissue regeneration & regenerative medicines
  • cancer research
  • stem cell technology
  • others

Based on end user

  • biotechnology and pharmaceuticals industries
  • hospital laboratories
  • academic research and institutes
  • contract research organizations

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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 9-years.

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Melatonin Sleep Supplements Market is predicted to grow at a CAGR of 7.6% through 2032

Melatonin is a hormone which is found naturally in the body. Melatonin is used as a medicine which is synthetically made in a laboratory to treat sleep-related disorders. Melatonin sleep supplements are used to treat sleep disorders (especially insomnia). Melatonin sleep supplements are safe if taken in low doses for the short term and long term uses.

The side effects caused by melatonin sleep supplements are sleepiness, vivid dreams, morning grogginess, low body temperature and others. Melatonin sleep supplements main function in the body is to regulate sleep-wake cycles. More melatonin is produced during the darkness which prepares the body for sleep. Melatonin production is decreased during the light which prepares the body for being awake.

Light at night blocks the production of melatonin. In adults, melatonin sleep supplement is usually taken in doses from 0.2 mg to 20.0 mg, depending upon the purpose for its use. The right dose varies generally from one person to another.

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According to a nationwide survey from the Centers for Disease Control and Prevention, melatonin sleep aids are growing in popularity, with 3 million Americans using them in 2012. According to the National Sleep Foundation’s (NSF) Sleep in America Polls, 87% of adults deal with sleep issues throughout their week and 60% have sleep issues every night/almost every other night.

Melatonin Sleep Supplements Market: Drivers and Restraints

Need for more appropriate methods for sleep disorders management is of prime importance in today’s healthcare needs and thus is expected to be the prime factor driving growth of global melatonin sleep supplements market. Increasing awareness regarding the serious problems related with insomnia and increasing stress levels and anxiety among the population are the key factors which are responsible for the growth of the global melatonin sleep supplements market.

In addition, lack of work-life balance, and adverse environmental conditions will increase the demand for melatonin sleep supplements. However, rise in adoption of alternative treatment options and lack of awareness regarding insomnia treatment are the factors that are expected to deter the growth of the global melatonin sleep supplements market.

Melatonin Sleep Supplements Market: Overview

Melatonin plays a very important role in natural sleep-wake cycle. Melatonin sleep supplements are helpful in treating sleep disorders. The less common side effects which might occur due to melatonin sleep supplements side effects include mild tremor, short-lasting feelings of depression, mild anxiety, irritability, abdominal cramps, confusion or disorientation, reduced alertness, and abnormally low blood pressure (hypotension). Melatonin sleep supplements are generally known as sleep aid and are cure for insomnia sleep disorder.

Based on the distribution channel, the global melatonin sleep supplements market is segmented into hospital pharmacies, online pharmacies, drug stores and retail pharmacies. Hospital pharmacies is expected to holds the maximum share in the global melatonin sleep supplements market.

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According to the National Center for Complementary and Integrative Health, nearly 1.3 million American adults reported taking melatonin in February, 2015.

Melatonin Sleep Supplements Market: Regional Outlook

Geographically, global Melatonin sleep supplements market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America is expected to dominate global melatonin sleep supplements market over the forecast period due to the increasing prevalence of insomnia.

Europe and Asia Pacific melatonin sleep supplements is expected to experience delayed growth due to less freely availability of melatonin sleep supplements to end users.

Melatonin Sleep Supplements Market: Key Players

Some of the players identified in global melatonin sleep supplements market include Matsun Nutrition, Ion Labs Inc., Robinson Pharma, Inc., Natrol LLC., Advanta Supplements, and others. Presence of several vendors in the melatonin sleep supplements market is resulting in an intense competition due to the wide product portfolio and geographical presence.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

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Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
  • Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
  • Asia Pacific Excluding Japan (China, India, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, Rest Of MEA)

Melatonin Sleep Supplements Market: Segmentation

Tentatively, global melatonin sleep supplements market has been segmented on the basis of application, distribution channel, and geography.

Based on application, global melatonin sleep supplements market is segmented as below:

  • Insomnia
  • Delayed Sleep Phase Syndrome (DSPS)
  • Rapid Eye Movement Sleep Behavior Disorder (RBD)
  • Others

Based on distribution channel, global melatonin sleep supplements market is segmented as below:

  • Hospitals Pharmacies
  • Online Pharmacies
  • Drug Stores
  • Retail Pharmacies

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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.

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Viscosupplementation Market to reach a valuation of US$ 2.89 Billion by 2030

According to the study, a number of broader, and industry-specific factors will drive growth in this market, which has been relatively less impacted by the sluggishness induced by COVID-19.

Global viscosuppplementation revenues are likely to reach USD 4 billion by the end of 2030, according to a new research by ESOMAR-certified firm Future Market Insights.

As per the UN, by 2050, those aged 60 and above will account for over 20% of the global population. In other words, the UN says that by 2050 around 130 Mn people will contract osteoarthritis. These numbers point towards growth in the viscosupplementation market in the forecast period.

Covid-19 Pandemic: Viscosuppplementation Market Players Consolidating their Position

The ongoing Covid-19 pandemic has compelled the market players to take a consistent path for the next two quarters. As it would take some time for the healthcare vertical to look through new product launches; the players are looking at ways to smoothen the supply chain as manpower has taken a hit.

Continuous innovations are expected to propel the growth of viscosupplementation market” says the FMI analyst

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Key Takeaways of Viscosupplementation Market Study   

  • Three injection viscosuppplementation is expected to contribute for more than 55% of revenue share
  • Knee osteoarthritis is expected to gain around one-third of market share during the forecast period
  • North America is the highest revenue generating market due to scientific advancements and high adoption of viscosuppplementation

New Product Development to be the Torchbearer

The market players are into the innovation mode to strengthen their foothold in the viscosupplementation market. This competitive landscape is all set to create ripples all across the market. Some of the innovations are:

  • Fidia Pharma USA Inc., in 2019, introduced a HA (Hyaluronic Acid) based intra-articular viscosupplement called “TRILURON” to treat knee osteoarthritis. The treatments cycle involves 3 injections at weekly intervals.
  • Japan-based Seikagaku Corporation, in Mar 2019, launched an intra-articular single-injection viscosupplement called “HyLink” in Italy for treating knee osteoarthritis.
  • Recently, Gel-One Hyaluronate was approved as one of the injectable gels to treat osteoarthritis of knee. The pre-market clinical study reported no pseudosepsis (severe acute inflammatory responses).

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Want more insights?

Viscosupplementation market, a new study from Future Market Insights, opines on the viscosupplementation from 2015 – 2019 and presents demand projections from 2020 – 2030 on the basis of; product types (single injection viscosupplementation, three injection viscosupplementation, and five injection viscosupplementation), application (knee osteoarthritis, hip osteoarthritis, shoulder osteoarthritis, and others such as elbow and ankle joint osteoarthritis), and end user (hospitals, ambulatory surgical centers, orthopedic clinics, retail pharmacies, and online sales) across seven prominent regions.

Viscosupplementation Market: Segmentation

The global viscosupplementation market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

Product Type

  • Single Injection Viscosupplementation
  • Three Injection Viscosupplementation
  • Five Injection Viscosupplementation

Application

  • Knee Oseteoarthritis
  • Hip  Oseteoarthritis
  • Shoulder Oseteoarthritis
  • Others

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa (MEA)

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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.

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Platelet Rich Plasma Market is projected to expand at a steady 6% CAGR through 2031

In a recent market survey, ESOMAR-certified consulting firm Future Market Insights (FMI) forecasts an impressive growth outlook for the platelet-rich plasma (PRP) market. The market valuation reached US$ 370.78 Mn in 2021 and is poised to expand at a 6% CAGR through 2031.

Growth registered in the platelet-rich plasma market is attributable to increasing applications of PRPs in various procedures such as cosmetic, orthopedic, neurological, and maxillofacial treatments. Increasing awareness regarding the advantages of platelet-rich plasma in wound healing and tissue regeneration will further propel sales in the market.

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PRP is being widely used in cosmetic surgeries aimed at improving facial structure and aesthetics, such as skin texture, and color. In addition, PRP is gaining wide acceptance as a key ingredient used in microneedling, botox treatments, acne scar removal, and laser treatments, which is spurring demand in the market.

Besides this, usage of PRPs in orthopedic treatments is fostering market sales, owing to its cost-effectiveness and negligible side effects. PRPs are increasingly finding application in joint pain treatment, cartilage reconstruction, fracture treatments, and other arthritic treatments.

With rising incidence of cosmetic procedures and sports-related injuries in countries including the U.S, the U.K., and Germany, the market is anticipated to garner significant revenue over the forecast period.

Intensive research and development, coupled with the prevalence of leading market players will further augment platelet-rich plasma market growth, with expansion at 12.4% by volume.

Additionally, growing investments in healthcare infrastructure and increasing disposable income will provide tailwinds to platelet-rich plasma sales in counties such as India, China, Brazil, and South Korea, shaping the demand outlook positively.

“Growing use of platelet-rich plasma in chronic wound healing, cosmetology, and orthopedic procedures, along with product innovations by leading market players will augment market growth in the upcoming years,” says an FMI analyst.

Competitive Landscape

Harvest Technologies Corp., Zimmer Biomet Holdings Inc., Arthrex, Inc., Arteriocyte Medical Systems, Inc., Dr. PRP America, Cesca Therapeutics, Inc., and Regen Lab SA are among the prominent players operating in the global platelet-rich plasma market. As per FMI’s analysis, tier-1 players will account for 15-20% of the total market share.

Growth strategies leveraged by top manufacturers of platelet-rich plasma include strategic partnerships, mergers, acquisitions, and collaborations to launch innovative PRP treatment methods in the market. For instance:

  • In July 2021, Arthrex Inc. announced an exclusive partnership with Celularity Inc., a USA-based biotechnology company to distribute and commercialize Celularity Inc.’s biomaterial products for orthopedic procedures and sports medicine.
  • In September 2019, Cesca Therapeutics Inc., a global leader in autologous cell therapies for regenerative medicine, and ThermoGenesis, Cesca’s wholly owned device subsidiary, announced a global distribution agreement in which the company will supply its X-series cell processing products to major life science distributors to expand its global footprint.

Key Takeaways from Platelet Rich Plasma Market Survey

  • Based on product type, pure platelet-rich plasma (P-PRP) will dominate the segment, due to advanced wound healing properties and cost-effectiveness.
  • Autologous platelet-rich plasma will account for maximum sales in the origin segment, with high applications in treatment of nonhealing ulcers.
  • In terms of application, cosmetic procedures, surgical and non-surgical, will dominate the segment.
  • The U.S. is projected to lead sales of platelet-rich plasma due to increasing incidence of cosmetic surgeries in the country.
  • The U.K. will provide lucrative growth opportunities for leading players with intensive research and development in the country aimed at PRP product innovation.
  • Germany will emerge as a profitable market for global and regional players, owing to an influx of patients seeking PRP-based treatments in the country.
  • Increasing investments in healthcare infrastructure in India, along with growing awareness regarding advantages of PRP will augment market growth.
  • Japan and South Korea will account for 5% of the total market share.

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More Insights on the Platelet Rich Plasma Market

In its latest report, FMI offers an unbiased analysis of the global platelet-rich plasma market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (pure platelet-rich plasma, leukocyte platelet-rich plasma, leukocyte platelet-rich fibrin), origin type (autologous, homologous, and allogenic), application type (orthopedic surgery, cosmetic surgery, general surgery, neurosurgery and other surgeries including urological, cardiothoracic, periodontal, oral and maxillofacial), and across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

Platelet Rich Plasma Market by Category By Product Type:

  • Pure-Platelet Rich Plasma (P-PRP)
  • Leukocyte-Platelet Rich Plasma (L-PRP)
  • Leukocyte-Platelet Rich Fibrin (L-PRF)

By Origin Type:

  • Autologous
  • Homologous
  • Allogenic

By Application Type:

  • Orthopedic Surgery
  • Cosmetic Surgery
  • General Surgery
  • Neurosurgery
  • Other Surgeries (Urological, Cardiothoracic, Periodontal and Oral and Maxillofacial)

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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.

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Medical Drones Market is Current and Future Industry Landscape Analysis 2032

Medical drones are the advanced version of unmanned aerial vehicles used for delivering medical necessity in the catastrophic or emergence areas from the medical facilities. Medical drones are in research and development phase and require new technological improvement to deliver packages efficiently with minimal time. With the increasing penetration of logistic services and retailer services, will also have a positive impact on medical drones market. Various established companies such as Google, Inc. and Amazon.com, Inc. are also involving in the medical drones market.

Medical drones are aerodynamic pods used for transporting medical supplies such as drugs, vaccines, and medical aids. Medical drones are developed for rapid and safe delivery of medical supplies in the remote or inaccessible areas and war torn areas from medical facilities. With the advancement in technology and cost cutting of medical drones have led to augmented adoption mainly by military and hospitals sectors.

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Medical drones are in continuous research and development phase for producing a novel product with high speed, and accuracy in delivery. Medial drones are operated manually or can be programmed to fly precise route, and are advantageous as they require no landing space and can drop packages from the lower fly. The ability of medical drones to fly over closed areas and without a crew is the reason for its high demand.

Medical Drones Market: Drivers and RestraintsThe growth of global medical drones market is generally driven by low cost of equipment and increasing research and development investment by government bodies are driving the growth of medical drones market. In addition, increasing penetration of medical drones in an emergency or catastrophic areas are boosting the market growth of medical drones.

For instance, medical drones were adopted for delivering tele-medical packages to victims of mass casualty event held in Mississippi, U.S. However, product approval regulation have hindered commercialization of medical drones as they are not allowed to fly freely or without permission are hampering the growth of medical drones market. In addition, medical drones create risks including potential hazards and operation issues are other obstacles to the growth of medical drones market.

Medical Drones Market: Region Wise Outlook

Geographically, medical drones market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. The market in North America is anticipated to hold the largest share of medical drones in the global market, followed by Western Europe, owing to the presence of increasing research and development funding from the government and private bodies. In addition, the presence of formal rules and regulation applied by federal government and presence of highly sophisticated environment are also gardening the growth of medical drones market.

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The medical drones market in Asia- Pacific region and Japan are anticipated to grow at a higher rate owing to the improving healthcare facilities and increasing awareness about the benefits of medical drones in the catastrophic environment. However, the market for medical drones in regions such as Latin America, Eastern Europe, and Middle East and Africa are estimated to show a steady growth over the forecast period owing to the presence of highly fragmented distributors and scarcity of skilled professionals.

Medical Drones Market: Key Players

Some of the market participants in the global medical drones market are Zipline Inc., Flirtey, and Matternet.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends and Issues and Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest Of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
  • Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Medical Drones Market: Segmentation

On the basis of application, global medical drones market can be segmented as:

  • Acute Care
  • Vaccination Programs
  • Blood bank Transferring
  • Drug/Pharmaceutical Transferring

On the basis of end-user, global medical drones market can be segmented as:

  • Government Organizations
  • Emergency Medical Services
  • Blood Banks

On the basis of region, global medical drones market can be segmented as:

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

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

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.

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Mobility Aids And Transportation Equipment Market is growing at an estimated CAGR of more than 6.1% by 2023

As per comprehensive research conducted by ESOMAR-certified consulting firm FMI, the global Mobility Aids And Transportation Equipment market is projected to witness robust growth during the forecast year 2015-2025.

The report emphasizes on providing key insights into diverse features including demand, product developments, revenue generation, and sales in the Mobility Aids And Transportation Equipment market.

The study offers a detailed analysis of dynamics including driver, restraints, opportunities, and challenges, and also highlights their consequent impact on the market.

Advent of Telehealth and Virtual Care to Create Tailwind for the Mobility Aids And Transportation Equipment Market Growth

Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.

During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing.

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This gave rise to a new medical domain, Telehealth.

Since the outbreak, telehealth have gained immense popularity, especially among the geriatric population, owing to the convenience associated with it.

Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Mobility Aids And Transportation Equipment market.

Key Mobility Aids And Transportation Equipment Market Takeaways and Projections

  • The U.S. is estimated to continue dominating the North America market, projecting fastest growth in the region through 2031.
  • Germany Mobility Aids And Transportation Equipment market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2021 and 2031.
  • China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
  • India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.

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Report Benefits & Key Questions Answered

  • Mobility Aids And Transportation Equipment Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Mobility Aids And Transportation Equipment market. It also studies the impact of these dynamics on the market for the previous assessment period 2016-2020 to forecast the scope of market growth over the coming forecast period 2021-2031.
  • Mobility Aids And Transportation Equipment Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Mobility Aids And Transportation Equipment market. As per the survey, Mobility Aids And Transportation Equipment sales will project steady growth over the forecast period.
  • Mobility Aids And Transportation Equipment Category & Segment Level Analysis: FMI’s category & segment level analysis provides insights into key factors affecting the market growth across various segments in terms of (segment 1), (segment 2), and (segment 3). It also uncovers critical opportunities across each segment to assist key players to capitalize on the,
  • Mobility Aids And Transportation Equipment Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.

Competitive Landscape Analysis

The latest study conducted by FMI provides in-depth insights into the global Mobility Aids And Transportation Equipment market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Mobility Aids And Transportation Equipment market.

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Some of the prominent market players are profiled by FMI

  • Sunrise Medical LLC,
  • Invacare Corporation,
  • OttoBock Healthcare GmbH,
  • Stryker Corporation,
  • Medline Industries,
  • GF Health Products Inc.,
  • Hoveround Corporation,
  • LEVO AG,
  • Permobil AB,
  • Merivaara Corporation, and others.

Mobility aids and transportation equipment global market is segmented into following types:

  • Manual Wheelchairs
  • Manually Operated Wheelchairs
  • Standard Manual Wheelchairs
  • Pediatric Wheelchairs
  • Electrically Powered Wheelchairs
  • Stretchers
  • Manual Stretchers
  • Automated Stretchers
  • Walking Aids
  • Crutches
  • Walkers
  • Walker Cane Hybrids
  • Gait Trainers
  • Mobility Scooters
  • Stair Lifts

Region

  • North America
  • Europe
  • East Asia
  • South Asia
  • Oceania

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:

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Surgical Navigation System Market is projected to attain a CAGR of 6.2% during the forecast period by 2032

The Surgical Navigation Systems is one of the most reliable technology which is developed to render surgeries safer and less invasive as compared to the surgeries without Surgical Navigation Systems.

Navigation during surgery is an excellent technology applied currently in medical devices. Surgical Navigation Systems have accelerated the technical processes in a surgery and paved the way for complex procedures.

Surgical Navigation Systems target the anatomy to be operated on and guide to place the implant safely to the particular anatomy of the human body. Surgical Navigation Systems act as information centers during surgeries.

Surgical Navigation System is essential in accurate visualization of the anatomy and in surgery planning in a virtual environment. Surgical Navigation Systems reduce risks associated with surgeries.

Surgical Navigation System Market: Drivers & Restraints

The global surgical navigation system market is driven by the navigation technology which encompasses surgical planning software, intra-operative imaging and instrument tracking technologies.

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Surgical Navigation Systems aid in guiding the surgeons to make data-oriented decisions during surgeries. This Surgical Navigation System technology is a driver for the global Surgical Navigation Systems market.

A major factor that could adversely affect the growth of the global Surgical Navigation Systems market is the surge of minimally invasive and non-invasive surgeries.

The minimally invasive and non-invasive surgeries are becoming popular among the masses owing to the rapid post-operative recovery with minimal pain to the patient.

Surgical Navigation System Market: Overview

Surgical Navigation System is also known as computer-aided surgery or computer-assisted intervention. The navigation system has to perform medical imaging of the anatomy which leads to image analysis.

Based on the image generated, the navigation system helps in diagnosis and surgery simulation. The global surgical navigation system market is majorly dominated by the neurosurgery segment owing to the complicated procedures.

Orthopedic navigation systems accounted for the second highest share in the global surgical navigation system market, closely followed by ENT navigation system.

Surgical Navigation System Market: Region-wise Outlook

Depending on geographic regions, global Surgical Navigation System market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa.

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Due to the mature healthcare sector in the North American countries, North America held a substantial market share in the global surgical navigation system market and is expected to retain the share over the forecast period.

The countries of Japan and Germany are projected to present considerable growth rate in the global surgical navigation system market due to the well-established infrastructure and advanced Information Technology (IT) in healthcare.

Surgical Navigation System Market: Key Players

Some of the key players in the global Surgical Navigation System are GE Healthcare Ltd., Medtronic Inc., Siemens Healthcare Corporation, Stryker Corporation, B.Braun Melsungen AG, Bausch & Lomb Incorporated, CAScination AG and Brainlab AG.

The global surgical navigations system manufacturers are involved getting product approvals from Food and Drug Administration (FDA) and other regulatory authorities for market launch of their products.

The global surgical navigations system market players are encouraging acquisitions and strategic collaborations to gain competitive advantage, expand into emerging markets and broaden the product portfolio.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Surgical Navigation System Market: Segmentation

Surgical Navigation System market is classified on the basis disease indication and geography.

Based on disease indication, the global Surgical Navigation System market is segmented into the following:

Neurosurgery Navigation System

Spine Navigation System

ENT Navigation System

Orthopedic Navigation System

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:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
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Home Wi-Fi Security Solutions Market Size, Latest Trends, Regional Insights Dynamics By 2026

APAC home Wi-Fi security solutions market income is supposed to extend at a year-more than year pace of 9.3% in 2016 north of 2015 and outperform US$ 8,824.9 in incomes. India, the biggest market for home Wi-Fi security solutions in APAC, will keep on areas of strength for witnessing rates in 2016.

A growing endorser base for web use and shrewd gadgets will keep on energizing the development of Wi-Fi security solutions market in the district. What’s more, expanding web infiltration, and the advancement of digital wrongdoing organizations and business scale tool compartments that make dangerous malware are impacting people to introduce home Wi-Fi security solutions.

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Based on home organization design, Wi-Fi switches will overwhelm market incomes, representing a 47.7% offer in 2016. Modem and switch (combo) gadgets will fill in prevalence owing for their potential benefits, for example, lower space prerequisite and need of less links. Consistent advancement in usefulness of Wi-Fi switch administrations and creation of savvy gadgets is supposed to additional drive the development of the market. By parts, the equipment section will keep on representing the most elevated share regarding income.

India will keep up with its situation as the main APAC home Wi-Fi security solutions market, representing more than 74.5% income share in 2016. Reasonable help accessibility and unavoidable wireless network will uphold the development of the market in the country. Malaysia and Indonesia will likewise display sound development rates owing to a rising reception of cloud in IoT administrations and growing market for M2M correspondence in these nations.

Home Wi-Fi Security Solutions: The Competitive Landscape

A number of startups are leveraging smart home technologies and the Internet of Things (IoT) to introduce innovative products and new business models for the home security market. Some of the key players in the Home Wi-Fi Security Solutions market include Cujo LLC, Koalasafe Inc., Eero Inc., Keezel, and Luma Home Inc. and Securifi.

Table of Content

1. Asia Pacific Home Wi-Fi Security Solution Market- Executive Summary

2. Assumptions & Acronyms Used

3. Research Methodology

4. Market Overview

4.1. Introduction

4.1.1. Market Definition

4.1.2. Market Taxonomy

4.2. Asia Pacific Home Wi-Fi Security Solution Market Dynamics

4.2.1. Drivers

4.2.2. Restraints

4.2.3. Opportunities

4.2.4. Trends

4.3. Value Chain

4.4. Asia Pacific Home Wi-Fi Security Solution Market Value Forecast, 2016-2026

4.4.1. Asia Pacific Home Wi-Fi Security Solution Market Size (Value) Forecast

4.4.1.1. Y-o-Y Growth Projections

4.4.1.2. Absolute $ Opportunity

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Main sectors covered

By component type

  • hardware
  • software

By home network architecture

  • wifi router
  • Modem and router as one device
  • Modem and router as separate devices
  • Wi-Fi Range Extender

Applicable to major regions/countries

  • APAC
    India
    Malaysia
    Indonesia

About Us

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.

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