Medical Cannula Market Is Set to Expand at A CAGR Of 7.3% To Reach US$ 783.5 Million During the Forecast Period 2022-2030

According to a new market study by Future Market Insights (FMI), the medical cannula market is forecasted to expand at a healthy CAGR of 7.3% in 2030. Cannula is a flexible tube with a retractable and sharp inner core which is inserted into a vein or an artery or in other body cavities of a patient in order to remove or delivery of fluids for treatment or medical investigational procedures like infusing medication or obtaining blood samples

According to the National Center for Biotechnology Information (NCBI), over 234 Mn surgeries are conducted every year globally and the number continues to increase annually. This is expected to play a crucial role in the growth of the global medical cannula market for the years to come.

Medical cannula finds adoption in applications associated with surgeries such as the delivery of therapeutic & diagnostic agents, anesthetic procedures, suction, and irrigation. Along similar lines, inclination among patients towards minimally invasive surgeries is further fuelling the demand for medical cannula.

Furthermore, the patient-pool suffering from cardiovascular disorders and other chronic diseases such as diabetes and hypertension is proliferating, thereby necessitating medical cannula in treatment. This will continue to drive the global medical cannula market on a remunerative path through the forecast period.

“Market players across the globe are tapping on the demand among diabetes patients. Moreover, the outbreak of Covid-19 is catalyzing the growth of the market and the uptrend is expected to prevail through the first two quarters of 2021”, says FMI analyst.

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Medical Cannula Market – Key Takeaways

  • Advent of technologies has enabled effective clinical usage of medical cannulae, thereby boosting the growth of the market
  • Among types of products intravenous(IV) is expected to remain the most sought-out product, accounting for around 3/4th of global market value.
  • Vascular access treatment is projected to hold nearly 30% of the revenue share through the forecast period.
  • Based on sizes, the 18G segment is anticipated to account for nearly 50% of market share, while 20G segment follow closely.

Medical Cannula Market – Key Trends

  • Shifting preference towards minimally-invasive medical procedures is opening new avenues for market growth.
  • Outbreak of Covid-19 has increased the demand for medical cannula among healthcare institutions and is acting as a catalyst.

Medical Cannula Market – Regional Analysis

  • North America is forecasted to spearhead the regional landscape owing to the presence of a strong healthcare sector coupled with a high approval rate of drugs and novel products.
  • Europe will remain the second-largest regional market backed by high spending on healthcare.
  • Emerging economies such as Asia Pacific and Latin America are projected to metamorphose into prominent regions through the forecast period on the back of the expanding healthcare services in these regions.

Medical Cannula Market – Competitive Landscape

Some of the key players operating in the market include Medtronic plc, Becton, Dickinson and Company, Stryker Corporation, Boston Scientific Corporation, Teleflex Incorporated, Conmed Corporation, B. Braun Melsungen AG., Smith & Nephew, Getinge AB, Ypsomed Holding AG, Terumo Corporation, and Harsoria Healthcare Pvt. Ltd. Market players are focusing on expanding their product portfolio by launching new products to gain a competitive edge. On these lines,

  • In May 2020, Medtronic plc MDT announced a novel kind of cannula to address balloon kyphoplasty surgeries all over the US.
  • In June 2020, LivaNova PLC’s cannula named B-Flow ECMO cannula procured CE Mark approval to conduct ECMO procedures having received approval in 2019 for cardiovascular surgeries.

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Key Segments of Medical Cannula Industry Survey

Medical Cannula Market by Product:

  • Guedel
  • Yankauer
  • Berman
  • Frazier
  • Spackmann
  • Barron
  • Novak
  • Poole
  • Robertazzi
  • Bellucci
  • Brackman
  • Karman
  • Others

Medical Cannula Market by Medical Procedure:

  • Vascular Access
  • Surgery
  • Intubation
  • Lipofilling
  • Suction
  • Irrigation
  • Biopsy
  • Insufflation
  • Hysterography
  • Insemination
  • Cardioplegia

Medical Cannula Market by Size:

  • 14G Medical Cannulas
  • 16G Medical Cannulas
  • 18G Medical Cannulas
  • 20G Medical Cannulas
  • 22G Medical Cannulas
  • 24G Medical Cannulas
  • 26G Medical Cannulas

Medical Cannula Market by Material:

  • Latex Medical Cannulas
  • Latex-free Medical Cannulas
  • Neoprene Medical Cannulas

Medical Cannula Market by End User:

  • Hospitals
  • Ambulatory Surgical Center
  • Clinics
  • Others

Medical Cannula Market by Region:

  • North America Medical Cannula Market
  • Latin America Medical Cannula Market
  • Europe Medical Cannula Market
  • East Asia Medical Cannula Market
  • South Asia & Pacific Medical Cannula Market
  • Middle East & Africa (MEA) Medical Cannula Market

Get Valuable Insights into the Medical Cannula Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global medical cannula market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the medical cannula market, allowing readers to glean qualitative and quantitative information which will enable them to make informed market decisions in the upcoming forecast period.

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Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the keyword market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About Future Market Insights (FMI)

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

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Wearable Sleep Trackers Market to grow at a CAGR of 7.8% through 2028

Future market insights has announced the addition of the “Wearable Sleep Trackers Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027 ” report to their offering.

Wearable sleep trackers helps an individual in knowing their sleep habits. Wearable sleep tracker monitors and track the pulses through a wrist sensor. The wearable sleep tracker measures the total duration of sleep. Wearable sleep tracker has a smart alarm feature which monitors light and heavy sleep by tracking the movement of an individual. Before an individual drift off, the wearable sleep tracker launches the sleep cycle analysis so that in the next morning one can check their smart phone app and get the graphs.

The graph shows the sleep cycles and quality of sleep during the night. In addition, the device also has a sensor which monitors the blood oxygen level, respiration rate, body temperature, movement levels and heart rate. The sensors in wearable sleep tracker tracks the sleep stages mainly REM (rapid eye movement), light and deep sleep. Basically, deep, light, and REM sleep are experienced as a cycle and every individual go through multiple sleep cycles each night. The wearable sleep trackers are small and more comfortable to wear in bed.

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According to the National Institute of Health, 40 million Americans suffer from chronic sleep disorders and another 20 million experience sleeping problems at some point during their lives. Many sleep related problems are temporary. But some sleep related disorders are associated with the long-term and potentially life-threatening medical conditions including worsening diabetes, heart disease, depression, obesity and stroke.

Wearable Sleep Trackers Market: Drivers and Restraints

Increasing prevalence of sleep disorders and healthcare expenditure are the primary factors expected to drive the growth of the global wearable sleep trackers market over the forecast period.

In addition, low cost of wearable sleep trackers, rapid development in telecommunications and mobile technology are some additional factors expected to fuel the growth of the global wearable sleep trackers market. However, low awareness towards device and lack of standardization would remain major restraints for the growth of the global wearable sleep trackers market.

Wearable Sleep Trackers Market: Segmentation

Tentatively, global wearable sleep trackers market has been segmented on the basis of product type, application, end user, and geography.

Based on product type, global wearable sleep trackers market is segmented as below:

Wearable wrist device
Headband
Based on application, global wearable sleep trackers market is segmented as below:

Obstructive sleep apnea
Insomnia
Circadian Rhythm Sleeping Disorders
Narcolepsy
Rapid eye movement sleep disorder
Based on end user, global wearable sleep trackers market is segmented as below:

Hospitals
Clinics
Sleep centers
Home care settings

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Wearable Sleep Trackers Market: Overview

The wearable sleep tracker provides data about the sleep stages, number of times an individual wake up in the night, total time asleep in each sleep stage and total duration of sleep. Rising prevalence of sleep disorders would demand the adoption of wearable sleep trackers over the forecast period.

Wearable sleep trackers improves the quality of sleep and life as a whole. Based on different applications, the global wearable sleep trackers market is segmented into obstructive sleep apnea, insomnia, circadian rhythm sleeping disorders, narcolepsy and rapid eye movement sleep disorder.

Obstructive sleep apnea is a very prevalent sleep condition and accounted for major revenue share in the overall sleep disease treatment monitoring segment in 2015. Based on the end user, the market is segmented into hospitals, clinics, home care settings and sleep centers. Wearable sleep trackers are mostly used in home care settings.

Wearable Sleep Trackers Market: Regional Outlook

Geographically, global wearable sleep trackers 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 wearable sleep trackers market over the forecast period due to high prevalence of sleep disorders.

Asia Pacific wearable sleep trackers market is anticipated to show sluggish growth in the global market due to delayed introduction of devices in the region. Hence, the region is expected to witness slow revenue growth during the forecast period.

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Wearable Sleep Trackers Market: Key Players

Some of the players identified in global wearable sleep trackers market include Koninklijke Philips N.V., iWinks, Fitbit, Inc., ICON Health & Fitness, Inc and others

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Bone Screw System Market is likely to grow at a CAGR of 6.4% through 2028

The Bone Screw System Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Bone Screw System Market by region.

Bone Screw System Market is valued approximately USD 1.1 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.4 % over the forecast period 2021-2027.

Bone screw is a metal implant inserted into the bone. Screws are used to fix fractured bone segments to aid in the healing process, and as an adjunct to spine fusion surgery to help hold implants in place. Growing prevalence of Musculoskeletal Disorders and increasing orthopedic diseases are key drivers for the growth of Bone Screw System market.

For instance, according to as of 2020- versus arthritis organization, UK-In UK 20.3 million people (almost one third or 32% of the population) have a musculoskeletal (MSK) condition such as arthritis or back pain. Approximately 11.6 million women (35% of women have a MSK condition) and 8.7 million men (28% of men) have a MSK condition.

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Also, as per, World Health Organization (WHO) – as of 2021, every year approximately 1.3 million people lost their lives in road crash and between 20 and 50 million more people suffer non-fatal injuries, and many incur a permanent disability because of major injuries. Further, 93% of the world’s fatalities on the roads occur in low- and middle-income countries.

Also, with the rising aging population globally and technological advancements in orthopedic treatment, the adoption & demand for Bone Screw System is likely to increase the market growth during the forecast period. However, negative impact of covid 19 on hospital industry impedes the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Bone Screw System market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising frequency of orthopedic patients and road accidents in the region.

Whereas, Europe is anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as increasing prevalence of orthopedic disease among aging population would create lucrative growth prospects for the Bone Screw System market across Asia-Pacific region.

Major market player included in this report are:

Arthrex

CONMED Corporation

DePuy Synthes

Integra LifeSciences

Medtronic

ORTHOFIX INTERNATIONAL N.V

Smith & Nephew

Stryker Corporation

Wright Medical Group N.V

ZIMMER BIOMET HOLDINGS, INC

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Material Type:

Stainless-Steel Bone Screw System

Titanium Screw Bone Screw System

Bio-absorbable Screw Bone Screw System

By Application:

Lower Extremity Bone Screw System

Upper Extremity Bone Screw System

Spinal Bone Screw System

Other Bone Screw Systems

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By End Use Industries:

Bone Screw System for Hospitals

Bone Screw System for Clinics

Bone Screw System for Ambulatory Surgical Centers

By Region:

North America

  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • ROE
  • Asia Pacific
  • China
  • India

Table of content:

  • Market Snapshot
  • Key Trends
  • Estimation Methodology
  • Research Assumption
  • Objective of the Study
  • Market Definition & Scope

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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Respiratory Devices Market Key Players : Massimo Corporation, Fisher & Paykel Healthcare Limited, Teleflex Incorporated

Increasing prevalence of sleep disorders, especially in the U.S. and other European countries, creates lucrative growth opportunities for the sleep testing respiratory devices market. According to the National Healthy Sleep Awareness Project, around 25 million adults in the U.S. were suffering from sleep apnea.  Continuous focus on the market introduction of technologically advanced respiratory devices such as nebulizers, pulse oximeters and spirometers is expected to drive the respiratory devices market growth during the forecast period.

Rising prevalence of chronic obstructive pulmonary disease (COPD) and obstructive sleep apnea has been increasing the demand for respiratory devices. Future Market Insights (FMI) in a new study has forecast the market to continue exhibiting high demand through 2031. While 2020 has proven exceptionally crucial to the market, growth will remain positive 2021 onwards, despite declining a little in comparison to remarkable sales recorded in 2020 amid COVID-19 outbreak.

Growing preference for smart or wearable respiratory devices over general respiratory devices in developed countries also creates a significant opportunity for global market players operating in the respiratory devices market. Adoption of portable devices for neonatal and adults suffering respiratory diseases is growing respiratory devices demand. For instance, Patients suffering from chronic respiratory diseases require continuous oxygen supply. A portable oxygen concentrator has several other benefits such as lightweight, small shape and easy to carry, which makes it the best choice of device.

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Hospitals are likely to remain chief end users of respiratory devices. They have been relentlessly offering patient care amid COVID-19 outbreak. Even as numbers of COVID-19 patients soared, healthcare centers around the world pushed through challenges to offer required care. Hospitals therefore accounted for a little above 40% of respiratory devices sold in 2020. By 2031, the number of respiratory devices sold in hospitals is expected to rise further.

Key Takeaways of Respiratory Devices Market Study

  • Respiratory devices market will exhibit impressive growth through 2031. The market is forecast to exhibit 9.3% CAGR in 2021
  • S. will remain the most lucrative market, accounting for almost 87% of respiratory devices sold in North America
  • UK will exhibit impressive Y-o-Y growth at 10.5% in 2021
  • Germany and France will continue exhibiting high demand for respiratory devices
  • China and Korea will remain bright spots in East Asia market, however, Japan will remain dominant through the forecast period

Partnerships to Develop New Products – Imperative Strategy for Market Players

Leading manufacturers of the respiratory inhaler are focusing on strategic partnerships with software and digital companies to serve the selected population. Besides, such collaborations also help manufacturers improve their distribution channels as well as to launch their products. For instance, In June 2020, Medtronic plc entered into a partnership with Foxconn Industrial Internet to begin manufacturing Medtronic’s Puritan Bennett 560 (PB560) ventilators in the United States.

Similarly, Smith’s Medical has signed a distribution partnership with Medline Industries for distribution of the Portex acapella, a vibratory PEP therapy device to focus on the non-acute and home care channels in 2019.

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Key Segments

Product

  • Respiratory Consumables
    • Respiratory Mask
    • Nasal Cannulas
    • Oxygen Tubing Sets
    • Breathing Filters
  • Nebulizers
    • Compressed Jet Nebulizers
    • Ultrasonic Nebulizers
  • Oxygen Concentrators
    • Home Oxygen Concentrators
    • Portable Oxygen
    • Concentrators`
  • Positive Airway Pressure (PAP) Devices
  • Polysomnography Devices
    • Ambulatory PSG Devices
    • Clinical PSG Devices
  • Pulse Oximeters
  • Mechanical Ventilators
  • Spirometers

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End Users

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics
  • Long Term Care Centers
  • Others

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • The Middle East and Africa (MEA)
  • 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 9-years.

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Manometry Systems Market to reaching a valuation of US$ 279.6 Million by 2031

[250 Pages Report] Sales of global manometry systems are expected to reach US$ 157.3 Mn in 2020. As per Future Market Insights, revenues for manometry systems are expected to reach US$ 279.6 Mn, expanding at a 5.4% CAGR over the forecast period (2021-2031).

Rise in number of people aged 65 years and older is expected to be the major factor boosting the growth of the manometry system market. In 2018, According to the U.S. Census Board people older than 65 years represent around 13% of the total population; this percentage is expected to reach 20% by 2031.

Rising cases of constipation, fecal incontinence, anorectal pain, pelvic floor dyssynergia and hirschsprung’s among older population is increasing the adoption of manometry systems. Demand for these systems helps evaluate patients and provides many useful data regarding anorectal function and indicates the prognosis of treatment, particularly in the management of sphincter injuries.

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Rising demand for non-invasive equipment is driving the demand for manometry system. These systems are non-invasive diagnostic procedure that can detect pressures and sensation in the anus and rectum. With this, they indicate whether the patient’s pelvic function is normal without incision into the body or removal of tissue and has low risks, and complications.

Further, rising government initiatives and funding supporting the development of product is boosting the demand for manometry system market.  Initiatives undertaken by government to enable and boost the ecosystem for the indigenous medical device industry is also stimulating market growth.

Base Year Value (2020A) US$ 157.3 Mn
Projected year (2031) Market Value US$ 279.6 Mn
CAGR% (2021-2031) 5.4% CAGR

“As demand for manometry systems is rising due to high prevalence of gastrointestinal diseases, key players are engaging in product development that is technologically advanced for faster approvals. This is expected to give the key players a competitive edge in the industry, generating revenues,” says the FMI Analyst

Key Takeaways from Manometry System Market Study

  • By product, system sheath & catheters is expected to account for the largest share of 55.0% in 2021.
  • In terms of portability, stand-alone system will hold for the largest share of 55.4% in 2021 on the back of its enhanced sensitivity to provide accurate diagnosis of condition
  • By end user, hospitals accounted for the largest share of 37.9% in 2021 owing to the rising demand for hospital stay that is short-term and increasing number of gastrointestinal processes.
  • North America is expected to hold largest share of 38.9% in 2021 with the U.S. leading the market during the forecast period.

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Who is Winning?

Some of the leading manufacturers of manometry system market are focusing on product launch collaboration and partnership strategies for global expansion objectives, thereby, enhancing their market presence.

Several joint ventures, agreements, and loan licensing procedures have influenced the market. The government of developing economies has taken several reforms to develop the market by regulating it to bring out more transparency and by allowing foreign investments in the industry.

New Product launches & approvals have emerged as key growth strategy adopted by the leading players in the manometry system market. Followed by this, acquisition was the second most key strategy adopted by the industry players. By adopting these strategies, it helped the company to expand their regional presence as well as product offerings.

For instance,

  • In October 2021, “UROTECH GmbH subsidiary of Medi-Globe Group’s provided detailed information on a new clinical study for using the Magnetic Black-Star® (MBS) in paediatric urology. The MBS was an innovative product of the UROTECH GmbH, which is used in stent placement as well as stent removal of children by without performing the surgeries using the stent’ magnetic tip.”
  • In May 2020, RMS Medical Devices, proudly announced it’s the acquisition of QUICKORE products for BENELUX. With this new acquisition, RMS Medical Devices adds another premium technology to its Radiology portfolio.
  • In October 2020, LABORIE Medical Technologies enters into strategic partnership with Urotronic to support regulatory approval of Optilume™, a drug-coated balloon (DCB) technology for use in urethral strictures and benign prostatic hyperplasia (BPH).
  • In August 2021, Medtronic Announced the FDA Approval of Next-Gen TAVR System for the treatment of symptomatic severe aortic stenosis. Next-Gen TAVR System is a self-expanding transcatheter aortic valve replacement, which is designed to enhance ease-of-use and predictable valve deployment throughout the procedure.

The key market players covered by FMI include EB Neuro S.p.A, MEDSPIRA, Medtronic, Medica S.p.A., RMS Medical Devices, MARQUAT Génie Biomédical, Diversatek Inc., Dentsleeve International Ltd., LABORIE, Prometheus Group, Smart Medical Group, Synectics Medical Limited, Medovations Inc., Sierra Scientific, and Urotech Gmbh.

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Manometry System by Category

Product:

  • Anorectal Manometry System
  • Anorectal Manometry System Software
  • Anorectal Manometry System Sheath & Catheters

Portability:

  • Stand Alone System
  • Portable System

End User:

  • Hospitals
  • Diagnostic Centers
  • Speciality Clinics
  • Academic Research Institutes

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 9-years.

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Home Infusion Therapy Devices Market is projected to total US$ 3.8 Billion by the end of 2031

According to a recent study by Future Market Insights (FMI), sales of home infusion therapy devices are expected to top US$ 2.0 Bn in 2021, growing at a CAGR of over 6.5% during the forecast period (2021-2031).

Home infusion therapy devices are used for the intravenous administration of medicines. It is commonly prescribed for patients with serious infections and specialized diseases when orally administered medicines are not or comparatively less effective.

Application of home infusion therapy devices is increasing with the rising number of surgeries conducted across the globe. Post-surgery pain management at home can be done with the help of home infusion therapy devices.

Besides this, rising healthcare expenditure and growing awareness regarding the risk and infection amidst the outbreak of COVID-19 is driving the demand of home infusion therapy devices.

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Key Takeaways from Home Infusion Therapy Devices Market Study

  • By product type, infusion system accessories will hold around 45% of value share globally.
  • Based on the application, antibiotic administration is leading with over 34% of the market share.
  • Home care settings sales will dominate the home infusion therapy devices, with a market share of 65% during the forecast period.
  • By region, the U.S. will dominate the global home infusion therapy devices market with a value share of around 37% during the forecast period.
  • Followed by North America, Europe will be the second-largest leading region, with a value share of 93.2% during the forecast period.
  • India is the dominant country in term of revenue for South Asia Home infusion therapy devices market, accounting for nearly 48% of market share in 2021.
  • China holds leading position in East Asia and is expected to account for nearly 52% of market share.

“Growing prevalence of chronic diseases such as diabetes and cancer in the midst of COVID-19 pandemic and high risk of infection across hospitals encouraged key players to invest in new product launches. This is expected to enable growth in the market in the coming years” says a FMI Analyst.

Who is Winning?

Key players are focusing on new product launches and approvals. Other growth strategies adopted by leading players include, agreements, and collaborations among key manufacturers. By focusing on these strategies, key players are expanding their geographic presence and strengthening their existing product portfolio.

For instance,

  • In June 2019, Baxter International Inc. announced that Myxredlin that is the first and only ready-to-use insulin for IV infusion get the US FDA approval.
  • In Jan 2019, Fresenius Kabi AG launched two colourful bags via white spiral cables to supply the nutrient solution for parenteral nutrition.
  • In April 2017, B. Braun Melsungen AG announced the launch of home infusion therapy App named Easypump® for healthcare professionals and patients.

The key market players profiled by FMI include Becton, Diciknson & Company, B.Braun Melsungen AG, Baxter International, Fresenius Kabi, Terumo Corporation, ICU Medical, Nipro Corporation, Smiths Medical, Micrel Medical Devices SA, Moog Inc., JMS Co.Ltd., Intera Oncology, and Others Top-up.

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Home Infusion Therapy Devices Market by Category By Product Type:

  • Disposable Elastomeric Pumps
  • Insulin Pumps
  • PCA Pumps
  • Electronic Ambulatory Pumps
  • Infusion System Accessories

By Applications:

  • Enteral Nutrition
  • Parenteral Nutrition
  • Chemotherapy
  • Antibiotic Administration
  • Others

By End User:

  • Home Care Settings
  • Long Term Care Centers

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 9-years.

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Animal Microchip Implant Market Development Status, Competition Analysis, Type and Application 2028

An animal microchip implant is an innovative technology used for tracking pet animals and other healthcare issues in animals. Microchips implanted in pet animals are used to track the movement of pets to prevent the loss of pet animals. A microchip implant is a small device that can be implanted under the pet’s skin and works as an identification for that particular pet with all the pet’s information.

Microchips implanted in pets have all the basic details, such as owner’s name and address and vital details with past and present medical history. Microchips have a 15-digit number, which can be scanned under a database for all the major and minor details of a pet.

They provide real-time data of a pet’s locations. Two types of microchip implants are available in the market. The first, surgery-injectable implants, need be placed by veterinary surgeons and the second are available as self-implanted injectable microchips. Many tags are also available, which can be placed near the neck or other tag areas on pets.

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Apart from pet animals, farm animals are also implanted with microchips to monitor the activities of farm animals and track details such as vitals, health-related information and other details pertaining to the farm or the owner.

Animal Microchip Implant Market: Drivers and Restraints

The animal microchip implant market is pegged to witness significant growth over the forecast period as pet adoptions are increasing and pet owners are becoming more aware regarding the technology. Players such as Wuxi Fofia Technology Co., Ltd, and Autag Technology Europe BV are creating a database of all animals, including pets and farm animals.

Technological advancement is a major contributor to the increase in the number of animal microchip implants across the globe. On the other hand, lack of focus in veterinary health expenditure, lack of awareness regarding implant use and process to implant inside or outside the animals and others factors are expected to hinder the growth of the market.

Animal Microchip Implant Market: Overview

The animal microchip implant market is primarily driven by increasing pet adoption and awareness about animals. Animals are well managed with the help of microchip implants, which provide all the necessary details needed by animal owners. This has resulted in an increase in the number of microchip implants in animals.

Other factors leading to the growth of the animal microchip implant market include the increasing number of animal management systems in farms and individual animal owners.

Animal Microchip Implant Market: Region-wise Outlook

Geographically, the animal microchip implant market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, Middle East and Africa. North America is the major market for animal microchip implants as animal health expenditures in the region are relatively high as compared to other regions.

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Additionally, pet adoption is increasing among the population and individuals are aware of veterinary health managements with animal monitoring. Europe and Asia Pacific are growing markets for animal microchip implants as microchips help monitor and manage animals and the introduction of new veterinary technology is increasing in these regions. The MEA region is also focusing on animal management and protection.

Animal Microchip Implant Market: Key Players

Some of the players identified in the animal microchip implant market include Zee Tags Ltd, Autag Technology Europe BV, Wuxi Fofia Technology Co., Ltd, I.D.ology, Microchip Identification Systems, Inc., Pet-ID Microchips Ltd, Shenzhen ZDCARD Tech Co., LTD, Quanzhou Hecere Electronic Limited, Ningbo Luke Medical Devices Ltd,  and other Radiofrequency identification (RFID) animal microchip manufacturers.

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.

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

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.

Animal Microchip Implant Market: Segmentation

The animal microchip implant market can be segmented on the basis of the following parameters:

Product type:

  • Animal ID Microchip
  • Reusable Pet Tracking Microchip
  • Transponder Microchips
  • Others

Mode:

  • Self-injectable
  • Surgery-injectable

Distribution channel:

  • Veterinary Hospitals
  • Veterinary Clinics
  • Veterinary Pharmaceutical Store
  • Online Store

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Home Healthcare Market is expected to rise at a CAGR of 3.1% from 2022 to 2030

Projected to reach global market revenues of over US$ 4 Bn by the end of 2030, home healthcare continues to receive a strong impetus from a shifting preference for a value-based healthcare delivery model.

Expensive hospital stays, coupled with evolving patient expectations and advancing technologies, are putting immense pressure on healthcare systems to reimagine the way healthcare is delivered over the years. Home-based primary care and hospital-at-home care will continue to make significant strides in the near future, according to a new Future Market Insights (FMI) study on the global home healthcare market.

However, adoption of home healthcare products and solutions has been on a slight decline since Q1 2022 due to evolving priorities of industry amid the global outbreak of COVID-19. Nationwide lockdowns, shutdown of production units, and considerable alternations in supply chains are currently challenging the progress of home healthcare market. The market is however set for a rapid rebound post the containment of coronavirus.

As per the Bureau of Labor Statistics, increasing workforce pertaining to healthcare services translates to rising need for personal healthcare and home health aides will outperform the capital performance of the healthcare sector, with over 4 million jobs in the homecare sector alone.

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Key Takeaways of Home Healthcare Market Study

  • Prevalence of chronic diseases, especially among the geriatric population, is opening a broad array of opportunities for home healthcare companies.
  • Infusion pumps would remain preferred among various home healthcare products such as pressure relief devices; ostomy drainage bags to follow closely.
  • Stoma care would be the prominent application area in home healthcare market; key players to invest in IV medication.
  • North America and Europe continue to offer opportunities of growth and profitability, owing to strong presence of leading players and rising adoption of home healthcare services.

Leading Manufacturers Capitalize on Product Portfolio Expansion and Distributional Partnerships

A majority of companies are focused on development of innovative home healthcare. Several prominent players are investing in expansion of their product portfolio thorough acquisitions in order to extend their geographical reach. For instance, the famous BD and C.R. Bard merger gave rise to a new global healthcare leader. With an aim to expand operations in the UK, Medline had announced opening of its new warehouse in the UK, in 2018.

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Some of the prominent players in home healthcare industry that are profiled in the FMI report, include Coloplast A/S, Baxter International Inc, B. Braun Melsungen AG, Hollister Incorporated, ConvaTec Group Plc, Medtronic plc., and Becton Dickinson and Co.

Know More About Report Inclusions

The FMI report brings to fore a comprehensive research on the market growth forecast at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The global Home Healthcare market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The study provides compelling insights on Home Healthcare market on basis of product type (infusion systems, pressure relief devices, hydrocolloid dressings, hydrofibre dressings, hydrogel dressings, semi-permeable film dressings, superabsorbent dressings, wound contact layers, gauze sponges, gauzes, sponges, ostomy drainage bags), application (total parenteral nutrition (TPN), IV medication, pressure ulcer, stoma care), across seven major regions.

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Biological and Chemical Indicators Market value of US$ 457.8 Million in the year 2022

[269 Pages] The global biological and chemical indicators market is expected to reach $457.8 million in 2022, with a 7.2 percent CAGR indicating positive market growth over the forecast period.

The global biological and chemical indicators market is expected to reach $457.8 million in 2022, with a 7.2 percent CAGR indicating positive market growth over the forecast period.

According to Future Market Insights (FMI) the worldwide yearly tracker, vendor revenue in global biological & chemical indicators market will grow 9.1% year over year to 396.8 Mn in 2020. Global shipments will rise 9.7% year over year to 830.7 Mn units in 2020.

Irrespective of the COVID-19 pandemic, demand for biological and chemical indicators has been surging tremendously as sterilization has always been at forefront of duties of healthcare facilities.

However, the role will be put to test in near future as epidemiological numbers continue to rise amidst the public health crisis. As such, FMI foresees healthy growth trail for global biological and chemical indicators market over forecast period 2020-2030.

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“After oral administration, parenteral dosage is the most prevalent way of providing drugs to patients. At present, about 95% of recently approved biopharmaceuticals are parenteral dosage form. This rise in commercialization and manufacturing of parenteral drugs will propel the adoption of biological and chemical indicators in biopharmaceuticals companies,” says analyst at FMI.

COVID-19 Impact on Biological & Chemical Indicators Market

The COVID-19 pandemic will trigger the demand for biological and chemical indicators for short-term to validate sterilization process in hospitals, ambulatory surgical centers (ASC), and clinics.

The pandemic has put pressure on frontline healthcare workers to follow strict cleaning and disinfection protocols as they are specifically at risk of contracting and spreading the infection. This has triggered the need for sterilization measures enacted during surgical procedures due to concerns of COVID-19 transmission among hospitalized patients.

The World Health Organization (WHO) has advised personal protective equipment (PPE) industry and governments to ramp up their manufacturing by 40% to cater to surging worldwide demand. This high pool of medical equipment with need for proper sterilization will bode well for biological & chemical indicators market in immediate future.

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Biological & Chemical Indicators Market – Competitive Intelligence

The global biological & chemical indicators market is highly consolidated with top 5 players – 3M Company, Steris Plc., and Thermo Fisher – collectively accounting for around 4/5 of overall market revenue. In order to sustain competition due to increasing number of new and small companies, leading players are focusing on mergers and acquisitions (M&A). For instance,

  • Thermo Fisher Scientific Inc. has acquired QIAGEN N.V. – leading worldwide provider of sample preparation and molecular diagnostics technologies. This acquisition will enable the company to leverage its industry-leading capabilities and R&D expertise to speed up innovation and deal with emerging healthcare needs.
  • McKesson Medical-Surgical Inc. has entered into an agreement with Walgreens Boots Alliance to combine their respective pharmaceutical wholesale businesses in Germany.
  • Cantel Medical has taken over Hu-Friedy, which manufactures dental instruments and reprocessing equipment.

Want to Know More About Biological & Chemical Indicators Market?

Future Market Insights, in its new study, provides compelling insights about the biological & chemical indicators market that encloses industry analysis for 2015 – 2019 and opportunity assessment for 2020 – 2030. The report offers unbiased assessment on biological & chemical indicators market through five different categories – sterilization type, indicator class, packaging form, end user, and region. The global biological & chemical indicators market research study delivers insights of pricing by different life cycle analysis, product life cycle, major market trends and technologies that are being utilized in the development of biological & chemical indicators and product adoption in various end users.

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Biological & Chemical Indicators Market Segmentation Sterilization Type

  • Thermal Sterilization
    • Steam Heat
    • Dry Heat
  • Chemical Sterilization
    • Ethylene Oxide
    • Hydrogen Peroxide
    • Formaldehyde
  • Radiation Sterilization

Indicator Class

  • Biological Indicators
    • Bacillus atrophaeus (BA) Spores
    • Geobacillus stearothermophilus (GS) Spores
    • Others
  • Chemical Indicators
    • Class 1 (Process)
    • Class 4 (Multi-Variable)
    • Class 2 (Specific-Use)
    • Class 3 (Single-Variable)
    • Class 5 (Integrating)
    • Class 6 (Cycle Verification)
  • Enzyme Indicators

Packaging Form

  • Self-Contained BI
  • Spore Suspension BI
  • Strip and Disc BI
  • Strip and Disc CI
  • Others

End User

  • Biopharma Industry
  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Labs
  • Research Labs

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Teleradiology Services Market Size by Global Major Companies Profile, and Key Regions 2026

The global teleradiology services market is estimated to reach a market valuation of US$ 1,971.4 Mn by the end of 2016 and register a CAGR of 21.0% over the forecast period (2016–2026). The growth of this market can be attributed to the favorable government initiatives regarding the adoption of teleradiology in order to provide early disease diagnosis.

Besides, the application of modern-day technologies such as the adoption of cloud-based technologies, blockchain, and cryptocurrencies will lead to better efficiency and cost-effective solutions. Increasing Investments for the development of advanced solutions is augmenting the demand for the industry.

The report presents a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better view of the competitive landscape. It also provides details about the organic and inorganic business approaches undertaken by the key companies in the Teleradiology Services market to offer a holistic overview of the business landscape to the reader. It further covers all the relevant aspects of the market to help readers capitalize on the emerging growth opportunities and gain maximum returns on the investments.

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Key Highlights From The Report

  • The Hospitals & clinics segment dominated the market with a share of 54.6% in 2019 due to the growing adoption of teleradiology services by the hospitals & Clinics. Due to the pandemic, there is a shortage of radiologists, which have led to the increasing adoption of diagnostic imaging procedures in order to maintain workflow and increase efficiency.
  • The software segment is expected to experience the highest CAGR over the forecast period due to the growing demand for healthcare software to increase data transparency and improve patient outcomes.
  • Asia Pacific is expected to register the highest CAGR over the forecast period due to the increasing initiatives of the government to modernize the healthcare infrastructure and growing investments on the R & D for the production of advanced solutions.
  • Key participants include Philips Healthcare, Teleradiology Solutions, USRAD Holdings, Inc., Everlight Radiology, MEDNAX, Inc., ONRAD, Inc., AGFA Healthcare, RAMSOFT, Inc., Telediagnostic Solutions PVT. LTD. and CARESTREAM HEALTH, Inc., among others.

Market segmentation

By Process Type:

  • Certified Reporting Services Process
  • Preliminary Reporting

By Service Type:

  • Emergency Nighthawk
  • Day Time Coverage
  • Subspecialty Reading
    • Cardiac imaging
    • Neuroradiology
    • Nuclear scans
    • Musculoskeletal studies
  • Second Opinion
  • Clinical Trails

By Modality:

  • X-Ray Scans
  • Computerised Tomograph (CT) Scans
  • MRI Scans
  • Ultrasound Scans
  • Nuclear Scans
  • Cardiac Echo
  • Mammography
  • Electromammography

By End User:

  • Hospital Pharmacies
  • Clinics
  • Ambulatory Surgical Centres
  • Radiology Centres

By Region:

  • US
  • OUS (International)
    • Latin America
    • EU5
    • Rest of Europe
    • Japan
    • Asia Pacific Excluding Japan
    • Rest of the World

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Table of Content

  1. Teleradiology Services Market – Executive Summary
  2. Teleradiology Services Market Introduction

2.1. Teleradiology Services Market Definition

2.2. Teleradiology Services Market Taxonomy

  1. Teleradiology Services Market Analysis Scenario

3.1. Market Size (US$ Mn) Forecast

3.2. India Animal Healthcare Market Definition

3.2.1. Market Size and Y-o-Y Growth

3.2.2. Absolute $ Opportunity

3.3. Teleradiology Services Market Overview

3.3.1. Value Chain

3.3.2. List of Active Participants

3.3.2.1. Service Providers

3.3.2.2. End Users

  1. Teleradiology Services Market Dynamics

4.1. Macro-economic Factors

4.2. Drivers

4.2.1. Supply Side

4.2.2. Demand Side

4.3. Restraints

4.4. Opportunity

4.5. Forecast Factors – Relevance and Impact

continued…!

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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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