Healthcare IT Outsourcing Market 2021 End-User Demand by Types, Regions, Top Players, Service Provides, Regional Outlook and Forecast to 2030

Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Exhaustive Analysis on Key Factors Burgeoning the Sales in the Global Healthcare IT Outsourcing Market over the Assessment Period (2021-2030)

Future Market Insight’s (FMI’s) latest study published on the Healthcare IT Outsourcing market provide insights into key factors uplifting the sales over the next ten years. It provides unbiased analysis on key trends, drivers, and opportunities across key segments, the report also provides strategic analysis on the incumbents, existing players, and leading players operating in the Healthcare IT Outsourcing market.

The convergence of Information Technology and the healthcare industry is not the latest news, however, the notion is constantly subjected to innovations on the technological front. Leading healthcare organizations, as a part of their business digitalization strategy, are moving towards outsourcing their IT wings rather than investing in in-house teams.

Consequently, IT outsourcing services providers are entering the landscape to offer solutions for various healthcare business operations such as pharmacy information, revenue cycle management, electronic health records,  inventory management, and laboratory information systems.

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Healthcare IT Outsourcing to Come Handy during the Global Coronavirus Crisis

Healthcare organizations around the world are facing unprecedented challenges while ensuring chronic healthcare management as the world is locked down due to the global outbreak of COVID-19. The current situation has amplified the need for technologically advanced and IT-based healthcare systems that can help doctors treat their patients remotely.

As a result, leading players in the global healthcare IT outsourcing market are increasing their focus on offering IT tools that can enable healthcare professionals to monitor health and progress of their patients digitally, while reducing the cost as well as exposure of patients to life-threatening environments outside.

For instance, In June 2020, -MonitorMe™ – a unique medical monitoring program that connects healthcare professionals with at-home patients – announced that it has established a partnership with Harvey Nash/Nash Tech Global – global leader in software development, business process services, and outsourcing solutions, and leading provider of IT outsourcing services.

Through this partnership, the companies are aiming to offer a mechanism to carry out a real-time health and wellness monitoring program to bridge the gaps between on-staff clinicians, healthcare workers, and at-home patients, especially during the novel coronavirus pandemic.

Cyber Security Threats and Lack of Data Storage Infrastructures Hinder Market Growth

The healthcare industry is taking most of its operations on digital platforms, as the trend of digitalization is booming in this landscape. Through healthcare IT outsourcing services, a majority of leading industry players have implemented a digital business model across the world, where data is becoming one of the most important assets for healthcare businesses.

However, the healthcare industry is largely exposed and vulnerable to ransomware attacks and cyber security breaches. For instance, in April 2020, Cognizant – an American multinational corporation that provides IT services, including digital, technology, consulting, and operations services – was hit by a massive ‘Maze’ ransomware attack.

The attack hit its customers as well, and the company is expected to spend nearly US$ 70 million to recover the damages made by the ransomware. Thereby, the growing cyber threat hovering over the healthcare industry may have a negative impact on the growth of the healthcare IT outsourcing market in the coming years.

Furthermore, through various business operations, the healthcare industry generates massive amounts of data every day, and this makes it highly challenging to track, store, and retrieve data electronically in an efficient way.

Healthcare IT outsourcing services involve different data processing operations in the areas such as patient records, payment records, and remote monitoring systems. Maintaining high levels of business efficiency across these operations without a robust data storage infrastructure may prove to be a big challenge for stakeholders in the healthcare IT outsourcing market.

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Healthcare IT Outsourcing Market: Region-wise Analysis

Based on the geographical factors, the healthcare IT outsourcing market is broadly divided into seven regions – North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa.

Growing stronghold of global leaders from the healthcare sector in the United States of America (U.S.) is expected to give a stronghold for stakeholders in the healthcare IT outsourcing market in North America. With the largest revenue share in the global market, leading players in the healthcare IT outsourcing market are expected to witness lucrative business opportunities in the region.

In North America, market players with the specialization and expertise in both healthcare and technologies will maintain a competitive edge. The need for innovation in the North American healthcare industry will trigger regional players to invest heavily in research & development activities in the fields of life science, biomedical sciences, insurance, forensic, and disease research.

Stakeholders in the region will also witness immense pressure of mitigating healthcare costs with innovations in application development. This will further trigger innovation in the North American market for healthcare IT outsourcing services.

While the developed regions continue to dominate the global healthcare IT outsourcing market, leading players in developing economies are expected to introduce diverse offerings to strengthen their position on the global platform.

Astonishing growth of the IT industry in emerging economies in Asia Pacific including China, India, Singapore, and Indonesia, is expected to create new opportunities for stakeholders in the healthcare IT outsourcing market. In addition, significantly lower labour costs, manpower, and highly skilled IT resources will boost the growth prospects of the Asia Pacific market for healthcare IT outsourcing in the coming years.

Healthcare IT Outsourcing Market: Competitive Landscape

  • Tata Consultancy Services Limited,
  • Accenture PLC
  • International Business Machines (IBM) Corporation
  • Dell Inc.
  • Wipro Limited
  • Siemens Healthcare
  • Cognizant Technology Solutions
  • Optum, Inc.
  • Hewlett-Packard Company
  • HCL Technologies
  • McKesson Corporation
  • Allscripts Healthcare Solutions Inc.

In November 2019, Tata Consultancy Services (TCS) – an Indian multinational information technology services, consulting, and business solutions company – announced that it has made a decision to expand its partnership with Cardinal Health, Inc. – an American multinational health care services company.

With this partnership, TCS is aiming to transform its IT operating models to help Cardinal Health become a product-centric IT organization. The company will embrace a new operating model with TCS’s Machine-First™ Delivery Model (MFDM™) and Enterprise Agile vision to improve its business agility and gain a competitive edge with continuous innovation.

In March 2020, IBM Watson Health – a division of the International Business Machines Corporation, (IBM), an American multinational information technology company – announced its strategic partnership with EBSCO Information Services (EBSCO) – a leading provider of research databases, e-journals, magazine subscriptions, e-books and discovery service to libraries of all kinds.

The collaboration is announced to be aimed at enhancing the operations and clinical decision support (CDS) for healthcare organizations. Both the companies will combine their respective healthcare IT solutions – DynaMed and IBM Micromedex with Watson to form a single solution suite that can offer evidence-based insights to make clinical decisions.

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Healthcare IT Outsourcing Market: Segment Analysis

The healthcare IT outsourcing market can be segmented on the basis of the following:

End User

  • Hospital Information Systems
  • Pharmaceutical and Life Science Research

Application

  • Insurance
  • Medical Device Software
  • Patient Tracking
  • Remote Monitoring
  • Telemetric Systems

 

Hemostats For Wound Closure Market Forecast with Potential Impact, Despite COVID-19 Pandemic, Finds FMI 2021- 2025

Historically wound types remain the same over the ages with only a slight exception being the emergence of femoral punctures associated with catheterization procedures. But with the advent of newer technologies the practice of closing those wounds are changed.

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These new products are commonly available on hospitals & trauma centers and have wide range of usage area. Among them Hemostat has become a very popular tool to be used as wound closure material with its excellent properties. When applied to a wound, quickly absorbs blood and other body fluids, transforms into a gel to seal the wound with a protective transparent layer, actively aids in stopping bleeding, and creates an environment for wound healing.

Treatment of damaged cardiac tissue in patients with high bleeding tendency can be very challenging. In this category of surgery Hemostat proved to be a very effective with the combination of collagen sponge for the management of a myocardial wound

Topical hemostatic agents and tissue adhesives are used as an adjunct or alternative to standard suturing techniques to control bleeding or for wound closure.

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Hemostats for Wound Closure: Drivers and Restraints

Wound closure has become a very frequent clinical practice which is growing very rapidly. The sophisticated procedures ensure rapid cessation of blood loss, prompt closure, strong adhesion of wound edges, tight sealing, reduced scarring, reduced risk of infection and more rapid healing. There is a pool of patients throughout the world which makes the market of this product is very lucrative. As the price is also very reasonable so acceptance of this product is gradually progressing.

On the other hand some reports come which could restrict the growth. Surgical staples are emerging as the most useful tool on this wound closure segment. Also the market of suture which is there traditionally remains constant if not growing to some parts of the world. Few reports also suggested that patients may suffer with irritation, heat inflammation or redness on skin when hemostat are applied, though its not clear the exact reason for these.

As the market is growing and price is low, so tough competitions will prevail in this segment too.

Hemostats for Wound Closure: Overview

With the rapid technological advancement in healthcare industry the Hemostats is expected to grow at a healthy CAGR in the forecasted period (2015-2025).

Hemostats for Wound Closure: Region-wise Outlook

Geographically, the wound closure products market has been segmented into seven major geographical regions which include North America, Eastern Europe, Western Europe, Asia Pacific exclude Japan, Japan & Latin America, Middle east & Africa. North America contribute the most in this market followed by Europe. With the new product approvals, change in regulatory policies encourages, patient acceptance helps the market to grow. Asia Pacific & Japan pose good growth potential too for wound closure products specially Hemostat.

Hemostats for Wound Closure: Key Players

Wound closure product market is highly fragmented with presence of big & small companies. The market leaders in this area are Johnson & Johnson, Covidien, B. Braun, and 3M.

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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 (Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, 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.

Hemostats for Wound Closure: Segmentation

Global market for wound closure products consist of hemostat are mainly driven the use of Fibrin

  • Thrombin based Hemostats
  • Combination Hemostats
  • Oxidized Regenerated Cellulose Hemostats
  • Gelatin Hemostats
  • Collagen based Hemostats

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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

Security Screening Market 2021, by Services, Company Profiling, Business Revenue, and Growth Opportunities to 2028

Rapid growth in the economy, necessitating increasing expenditure on the national and infrastructural security, will continue to push deployment of reliable and advanced technology enabled security screening systems. While FMI’s analysis identifies an impressive rate of adoption within emerging economies, China, India, and Russia are more likely to be at the forefront of this growth, in the security screening market.

The approximately US$ 7.8 billion market for security screening is highly likely to approach the revenues worth US$ 10 billion in the next two years. As indicated by a newly launched research report by Future Market Insights (FMI), more than half of the total demand for security screening is being accounted by the developed regional markets. East Asia however is cited as the most lucrative market for investors in security screening systems and solutions.

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Airports Generate Maximum Demand for Security Screening, Explosive Trace Detectors Bestselling

Over 2/5th of the global security screening demand is accounted by airports, which will remain the dominant application area for security screening systems manufacturers and suppliers. As government buildings are highly vulnerable owing to the voluminous sensitive information that they procure, public recreation areas such as malls are also cited as the next sensitive area for implementation of effective security screening. Border check points are also expected to emerge lucrative through coming years, in the security screening market.

Explosive trace detectors, currently accounting for nearly 1/4th share of the total sales of security screening systems, will reportedly witness strong growth in demand through the coming years. According to the report, X-Ray screening systems and biometric systems are also highly popular among the end-use application areas in security screening market. The collective market value share of the aforementioned security screening systems is just-under 50% and the report expects attractiveness of the latter to surge – with growing adoption of fingerprint and face recognition technologies.

Smart Security Screening Trending in the Global Market

Looking at the loopholes in current security screening models in terms of efficiency and sustainability, airports have been accelerating the industry’s shift to smart security screening solutions, over the recent past. A combined initiative of Airports Council International (ACI) and the International Air Transport Association (IATA), smart security is emerging as a streamlined solution for airlines, passengers, and their belongings. Recently, Australia’s first-ever smart security screening checkpoint was unveiled at the Melbourne Airport.

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Key Vendor Insights: Global Security Screening Market

Westminster Group PLC, one of the key players competing in security screening market, recently completed the acquisition of Keyguard UK Ltd. The latter is a leading company in the security screening space, providing the blend of manned security and the latest technology enabled security screening systems. The former will now offer packages combining technology and guarding – particularly to the infrastructure security domain. This deal is expected to benefit both the business bases, in form of multiple cross-selling opportunities.

Besides Westminster, FMI’s report covers detailed strategic profiles of some of the most prominent companies operating in security screening market landscape, including American Science and Engineering, Inc., Analogic Corporation, Argus TrueID, Aware Incorporation, Digital Barriers, Mangal Security Systems Ltd., OSI Systems, Inc., Smiths Group plc, LAXTON GROUP, NEXT Biometric, Aratek, NEC Corporation, and Cognitec Systems GmbH.

Hardware Security Module Providers to Capitalize on Escalating Demand for Next-generation Security Solutions

Future Market Insights has recently published a market research report, according to which, the global hardware security module market will record a total incremental opportunity of over a billion dollar, during the forecast period of 2018 to 2028.

Hardware security modules serve cryptographic functions, which include encryption, decryption, key management/generation, and hashing. A hardware security module is also referred to as Secure Application Module (SAM), Personal Computer Security Module (PCSM), Tamper Resistance Security Module (TRSM), Secure Signature Creation Device (SSCD), hardware cryptographic device, or cryptographic module.

Global hardware security module market size in 2017 – nearly US$ 659 Mn. The hardware security module market is expected to grow at a CAGR of approximately 10.9% during the forecast period of 2018 to 2028. Some of the key regulations in the global hardware security module market include Cyber Security Legislations in the US and Canada Cyber Security Strategy.

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Security Applications Spreading Roots Fast, in the IoT Space

The rising adoption of next-generation security solutions, which is a remarkable trend in the market, aids in improving the products as well as the operational efficiency of enterprises. Existing security solutions are evolving towards context-aware computing technology, which enables enterprises to detect advanced threats in a drastically changing environment. This factor is expected to create potential opportunities in the global cyber security market over the forecast period.

Enterprises are progressively implementing Internet of Things (IoT)-based solutions. IoT solution providers are integrating cyber security solutions to reduce cyber-attacks on connected devices to identify threats and to resolve susceptibilities before launching their products in the market. With growing applications of security solutions in the IoT space, the demand for hardware security modules is expected to rise significantly over the next few years.

Key Vendors Prioritize Competitive Pricing to Assure Security of Enterprise Ecosystem

Manufacturers are currently offering hardware security module systems that have the means to securely back up the keys that they handle in a wrapped form. Other hardware security modules back up keys via the operating system of computers or by using a smart card or some other externally usable security token.

Hardware security modules can make an organization achieve peak security standards for applications ranging from key management to data encryption and authentication. Hardware security modules play a vital role in an enterprise’s security ecosystem.

However, the cost-per-unit factor of hardware security modules is significantly higher than their software-based counterparts. Moreover, Hardware Security Module-as-a-Service (HSMaaS) solutions offered by some vendors in the market are expensive. Though hardware security modules offer reliable security, cost is a major factor to be taken care of to capture the market as well as achieve market growth.

Several hardware security module vendors are making efforts to make hardware security module services available at reduced costs by means of cloudHSM. However, the incorporation of cloud in critical applications, such as key management and key storage, through HSM induces problems common to cloud infrastructures. As a result, cloud hardware security module services are still expensive and are required to be further enhanced.

SMEs have been known to ignore cyber threats. Such enterprises consider cyber security solutions as a non-priority investment, which is why several start-ups and SMEs incur high losses following ransomware attacks.

National governments across the globe have also started taking initiatives to improve their ICT infrastructure to facilitate digitisation in their respective economies. A major part of the ICT investment is diverted towards cyber security.

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Key Segment

Based on By type

  • USB-based hardware security modules
  • PCIe-based hardware security modules
  • LAN-based hardware security modules

Based on applications

  • payment processing
  • code & document signing
  • SSL & TLS
  • authentication
  • database encryption
  • PKI or credential management
  • app-level encryption

Based on industry vertical

  • BFSI
  • discrete manufacturing
  • process manufacturing
  • media
  • professional services
  • retail
  • healthcare
  • energy & utility
  • among other industry verticals

Some of the key players in the global hardware security module market research report include Gemalto NV; Thales E-Security Inc.; Utimaco GmbH; IBM Corporation; Futurex; Hewlett Packard Enterprise Company; ATOS SE; Yubico; Ultra Electronics; Swift; Ledger; and Spyrus, Inc.

Significant Contributions of the Report

  • Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
  • Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
  • Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
  • Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
  • Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

Consent Management Demand Surges with Trend toward Plain Text Presentation Underway: FMI Study

According to a recent study of Future Market Insights (FMI), the consent management market is expected to witness a promising growth in the near future, influenced in part by the upward trend of plain text presentation. Recommendations by the Personal Information Management Services (PIMS) for the consent management on the basis of six plain language categories that minimise confusion, have further been complementing the popularity of the trend, thereby impacting growth of the consent management market.

The introduction of new regulations, such as the GDPR, along with the rising consumer concerns regarding data privacy, is forcing organizations to invest in more formal internal structures for the purpose of effective consent management. There has been a significant growth in the requirement for efficient book keeping and personal digital data storage equipment among organizations, in a bid to enhance their consent management offerings.

The data privacy regulations in the consent management market have led organizations to appoint dedicated personal data privacy officers, consent management processes, and records. With efficient data storage equipment and consent management platforms in place, an organization gains the abilities to demonstrate a simplified complaint approach to consent management regulators, revoke or transfer data record upon request, and answer consumer requests for information.

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Consent Management Demand Rises among Website Developers to Meet Data Management Requirements

The global consent management market is likely to witness a total incremental opportunity of over US$ 1,000 Mn between the period 2018 and 2028. Consent management platforms enable websites to meet various data management requirements, which include those recommended by the EU and other regulatory bodies for consent collection.

Website developers are constantly taking efforts to integrate consent management platform, to realize the technical ability to update visitors about the nature of personal data required, and ask for their consent regarding each data-processing purpose. Cloud solutions and service providers continue to playing a vital role in the evolving technological developments, as more and more enterprises adopt cloud services with continuous upgrades in the cloud-based data storage solutions, or software-as-a-service (SaaS).

The consent management market is expected to witness potential growth opportunities as cloud service providers continue to offer cost-effective solutions to expand their customer base. Cloud solutions and service providers are also estimated to assist consent management platform vendors to expand their businesses across regional markets, thereby eliminating the requirement of modifying the physical product distribution channel.

Advancements in enterprise management systems have revolutionized several industry verticals in various developed as well as developing regions. To keep up with the growing demand for efficient enterprise management systems in South Asia, East Asia, and MEA regions, several consent management platform providers have started investing heavily in these latent growth potential markets.

The established as well as growing consent management platform providers are shifting their focus toward expanding their consent management businesses and increase their share in the global consent management market. The study states that Asia-Pacific continues to hold lucrative opportunities for leading as well as the emerging players in the consent management market, in line with the increasing technological vigour of developing economies in the region.

Varying strict data privacy regulations across regions have influenced the dynamics of the consent management market. In line with the continuous updates made in the data privacy regulatory standards, consent management providers are required to comply with the data governance policies and other standards. This has further helped the consent management market players to ensure the customer data sharing consent, regional data storage, and other consumer data privacy mandates.

Key Segment

Based on component

  • software
  • services

Based on services 

  • professional services
  • manages services

Based on deployment types

  • on-premise deployments
  • cloud-based deployments

Based on end-use

  • retail & e-commerce
  • government
  • technology
  • financial services
  • healthcare
  • higher education
  • other end-use industries.

Key players operating in the consent management market, as profiled in the study, include CYBOT, Rakuten Marketing, PactSafe, Silktide, Trunomi, Quantcast, HIPAAT, CIVIC, ConsentEye, and OneTrust.

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Consent Management Market – Key Research Findings:

  1. Global consent management market closed in on revenues worth US$ 700 Mn in 2017.
  2. The consent management market is expected to grow at a CAGR of over 9.0% through 2028.
  3. Requirements for consent collection mandated by key regulations such as the General Data Protection Regulation (GDPR), EU ePrivacy, US/EU Privacy Shield, General Data Protection Law, and Protection of Personal Information Act (PoPI), continue to influence growth of the consent management market.
  4. Absence of universal guidance models for efficient consent management has led companies follow “implied consent management” norms, where individuals have no clear idea about what or how much personal information has been exchanged.
  5. Europe and North America are estimated to remain the most lucrative markets for consent management.
    • Consent management has helped businesses in the region to transform the way of conducting digital business, as it enables a consistent, secure, multi-channel customer experience.
  6. Europe is expected to be the fastest growing market for consent management through 2028
    • As business transformation continues to gain pervasive palpability in the region, enterprises are looking to procure consent management platforms, to benefit their business growth in the consent management market.
  1. Consent management software solutions continue to hold the largest share of the market.
    • The ever-rising demand for privacy regulatory compliance is estimated to drive the global consent management market.

Data Centre Security Market : Global Segments, Top Key Players, Size And Recent Trends By Forecast To 2028

The global data centre security market is estimated to exhibit a CAGR of 11.1% during 2018-2028, as indicated by a new research study of Future Market Insights (FMI).

As the market penetration of data centres has proliferated, a corresponding increase in the demand for the security of its infrastructure and data has been witnessed worldwide. One of the key trends governing the growth of the global data centre security market is the increasing number of initiatives undertaken by several regional governments in collaboration with various Tier-1 and Tier-2 companies. A majority of these companies are among the leading providers of data centre security solutions and services, securing critical data stored at data centres of respective countries and regions.

According to FMI analysis, in addition to joint initiatives of governments and key players, the data center security landscape has been witnessing a surge in the frequency of introduction of virtualized data centre security solutions via collaborations between multiple channel partners. While these channel partners aspire stronger market presence, their joint activities are likely to create a new trend wave in data center security market. However, owing to increasing enterprise virtualization, physical security solutions are expected to exhibit poor demand growth in the data center security market.

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BFSI & Healthcare to Remain Highly Lucrative End-use Segments in Data Center Security Market

On the basis of end use, the report envisages higher rate of adoption of data center security within critical end-use verticals such as IT & telecom, BFSI, healthcare, government & defense, and media & entertainment. However, the rate at which data center security adoption has been rising in case of BFSI and healthcare segments will be particularly higher, reflecting several lucrative growth opportunities for the data centre security market.

Fast Developing Asian Markets Generating High Demand for Data Center Security Solutions & Services

While North America will retain a dominant position in the global data centre security market throughout the forecast period, FMI’s analysis points to a positive growth outlook emerging for some of the developing Asian countries, in the global data center security market. The report opines that the data center security services and solutions will witness strong demand from markets in East Asia and South Asia. Both the aforementioned regions are more likely to register higher CAGR in terms of revenue over the course of projection period.

Due to the increasing adoption of data centres across all-sized enterprises, including SMEs within rapidly developing economies such as Indonesia, India, and China, FMI estimates relatively higher demand for data centre security solutions and services within these countries over the coming years. However, as the lack of awareness about significance of data center security prevails among various underdeveloped and some of the developing countries, the consulting segment of the data center security market will exhibit a considerably high growth rate, opines the report.

Some of the top players in the global data centre security market are CheckPoint Software Technologies Limited, Hewlett Packard Enterprises, Citrix Systems, Fortinet, Inc., Dell EMC, Honeywell International Inc., FutureNet Solutions, Inc., IBM Corporation, McAfee, LLC, Juniper Networks, Inc., Schneider Electric, Robert Bosch GmbH, Trend Micro Incorporated, and Symantec Corporation.

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Data Centre Security Market: Segmentation

On the basis of offering, the global data centre security market has been segmented into:

  • Logical Security Solutions
    • Virtual Appliances
    • Server Software
  • Physical Security Solutions
  • Services
    • Managed Services
    • Consulting Services

On the basis of data centre type, the global data centre security market has been segmented into:

  • Large
  • Medium
  • Small

On the basis of end use, the global data centre security market has been segmented into:

  • BFSI
  • IT & Telecom
  • Government & Defence
  • Healthcare
  • Media & Entertainment
  • Others

On the basis of region, the global data centre security market has been segmented into:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • Italy
    • France
    • U.K.
    • Spain
    • BENELUX
    • Russia
    • Rest of Europe
  • East Asia
    • China
    • Japan
    • South Korea
    • South Asia
    • India
    • Thailand
    • Indonesia
    • Malaysia
    • Rest of South Asia
  • Oceania
    • Australia
    • New Zealand
  • MEA (Middle East & Africa)
    • GCC Countries
    • Turkey
    • Northern Africa
    • South Africa
    • Rest of MEA

Advanced (3D/4D) Visualization Systems Market surpassed US$ 1.8 billion in 2017, and will continue to expand at a moderate 4% CAGR during 2021-2028

Future Market Insights (FMI) has recently published a market research report titled “Advanced (3D/4D) Visualization Systems Market – Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028.” The report opines that the advanced (3D/4D) visualization systems market surpassed US$ 1.8 billion in 2017, and will continue to expand at a moderate 4% CAGR during 2018-2028.

Healthcare Sector to Remain Important for Advanced (3D/4D) Visualization System Vendors

The prevalence of lifestyle diseases, such as diabetes, cardiovascular disease, cancer, and neurological disorders, has increased due to the rising geriatric population, changing lifestyle, and excessive consumption of tobacco & alcohol. These factors are estimated to drive the demand for diagnostic imaging, which is, in turn, expected to provide opportunities for companies operating in the global advanced (3D/4D) visualization systems market.

Increase in medical tourism in emerging markets has led to the high adoption of advanced (3D/4D) visualization systems. These advanced (3D/4D) visualization systems enable countries to offer the best, yet cost-effective medical tourism solutions. This has, in turn, boosted the number of surgical procedures. Factors such as medical tourism and growing number of patients affected with chronic diseases, are estimated to propel the advanced (3D/4D) visualization systems market, especially in the developing parts of the world.

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Manufacturers Focus on Introducing High-tech Features: An Emerging Market Trend

A major trend in the advanced (3D/4D) visualization systems market is the development of three-dimensional models from MRI and CT scans, which help guide surgical procedures and other minimally invasive treatments. These three-dimensional models may be developed by hands-on medical experts, 3D laboratories, or 3D reconstructions that are outsourced and transmitted via the internet. Various healthcare end-users of advanced (3D/4D) visualization systems are outsourcing 3D model creation to advanced (3D/4D) visualization system service providers.

In addition, manufacturers understand that it is imperative to monitor patient progress over months and often years for effective treatment of diseases, such as cancer and neurological disorders. The progression of cancer is unpredictable, which is why immediate access to patient history is of paramount importance for a doctor to make informed decisions regarding the future course of action. This requires the AV images to be adequately stored for the future course of treatment by comparing the present patient data with earlier records.

Picture Archiving and Communication System (PACS) has an advanced imaging system, such as MRI or CT, as one of its major components along with a data archival facility. Such innovations are estimated to drive the global advanced (3D/4D) visualization systems market.

Connectivity Features of Advanced (3D/4D) Visualization Systems to Gain Popularity

Upgraded hardware performance and enhanced internet connectivity have facilitated enhanced remote access to advanced (3D/4D) visualization system users outside particular hospitals and clinics or research institutes and research centres. Such advanced (3D/4D) visualization systems are transitioning towards specialised healthcare applications that required innovative post-processing. Such advanced (3D/4D) visualization system applications for surgical planning, Chronic Obstructive Pulmonary Disease (COPD), radiation treatment, liver analysis, and oncology management.

Healthcare professionals are utilising their smart mobile devices to communicate with patients as well as for reviewing scan results. Advanced (3D/4D) visualization system users can now utilise cloud-based services that facilitate the web hosting of these advanced (3D/4D) visualization system applications. Thus, technology- and hardware-related advancements are estimated to offer profitable opportunities in the global advanced (3D/4D) visualization systems market over the forecast period.

In the global advanced (3D/4D) visualization systems market report, FMI Insights has segmented the global advanced (3D/4D) visualization systems market by platform, end-user, application, and region. The advanced (3D/4D) visualization systems market is still in the emerging stage in several developing nations. On the other hand, several players operating in the global advanced (3D/4D) visualization systems market are continuously striving to develop innovative products that are more precise, and serve multiple application areas simultaneously.

Some of the key advanced (3D/4D) visualization systems market players in this research report include, Siemens AG; General Electric Company; Koninklijke Philips N.V.; LG Electronics Inc.; Thermo Fisher Scientific; FUJIFILM Corporation; CONMED Corporation; Pro Medicus, Ltd.; Carestream Health; and Ziosoft.

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Advanced (3D/4D) Visualization Systems Market – Key Research Findings:

  • Global advanced (3D/4D) visualization systems market size in 2017 – nearly US$ 1.8 Bn
  • The advanced (3D/4D) visualization systems market is expected to grow at a CAGR of approximately 4.0% during the forecast period of 2018 to 2028
  • Ultrasound advanced (3D/4D) visualization systems usually provide multi-functional applications, such as imaging, quantification, reporting, and archiving, in the areas of radiology, gynaecology, obstetrics, vascular, and abdominal examinations.
  • MRI advanced (3D/4D) visualization systems often employ features, such as rapid and multi-planar contouring, de-lineation of body structures, and re-planning, according to the fluctuations of the weight of a patient during the course of extended treatment for chronic diseases.
  • North America and East Asia are estimated to remain the largest regional markets for advanced (3D/4D) visualization systems
  • Increasing threats of cardiac, neural, and other chronic conditions and diseases are expected to increase the adoption rate of advanced (3D/4D) visualization systems.

Fascioliasis Treatment Market 2021: Future Development, COVID-19 Impact, Segmentation, Demands and Revenue , Forecast To 2030

Coronavirus pandemic has jolted the market. Countries like China infected initially by Coronavirus which is the major global supplier of active pharmaceutical ingredients and chemicals. This has adversely impacted the fascioliasis treatment market.

Fascioliasis is a parasitic infection caused by Fasciola hepatica and Fasciola gigantic which is transmitted via contaminated water and uncooked vegetables. It infects humans, cattle and sheep.

Fascioliasis has demonstrated symptoms of nausea, abdominal pain, vomiting, intermitted fever, eosinophilia and hepatomegaly. According to the World Health Organisation (WHO), fascioliasis has been reported in more than 75 nations worldwide with the prevalent infected global population of 2.4 million, with no single nation is risk-free of fascioliasis.

The severely affected areas include South America, East-Asia, and South-east Asia. Compromised hygiene and sanitation are the key reasons for the infections. The symptoms are visible at 9-11 weeks of infections.

The diagnosis includes eosinophil count (>500–1000 per microlitre of blood), computer tomography scans and ultrasound. The approved medication for fascioliasis is Triclabendazole.

Although, the global fascioliasis treatment market is expected to pace with lucrative growth spurt with the restoration of normal situation, and with the ongoing progressive market augmentations.

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Fascioliasis Treatment Market: Drivers and Restraints

The global fascioliasis treatment market is driven by the surging global fascioliasis infestations which are due to the close contact with livestock, prevalent in the , Latin America, Europe, South Asia, East Asia, Oceania and MEA.

Since these nations are heavily dependent on cattle and sheep for food and agriculture. The revamping healthcare facilities, increasing awareness, disposable incomes and the advancement of R&D for fascioliasis treatment drugs are fuelling the market.

Government has several dedicated supportive schemes along with WHO to increase the awareness of treatments, subsidized medicines and reimbursement policies. Government has active funding aids and programs to support the merging drug manufacturers for fascioliasis treatment.

However, the limited drugs, dosage issues, adverse reactions, resistances and longer medication period are the restraints for the global fascioliasis treatment market.

Although dedicated drug manufactures are deliberating to reduce the cost of medicines such as Triclabendazole. Also, development of more effective and safer medications such as Nitazoxanide, niclofolan emetine, chloroquine and heptachlor-para-xylol are underway after the recommendation by WHO.

Fascioliasis Treatment Market: Overview

The global fascioliasis treatment market is anticipated with a lucrative growth in future with the current progressive augmentation of the market, the surging infestations and drug demands. By treatment, Triclabendazole rules the market as being the major drug for fascioliasis, is effective for both acute and chronic fascioliasis, with high efficacy and mild adverse effects.

Nitazoxanide is understudy to develop as a safer medication and its market is growing at a faster rate. By Distribution Channels, Hospital Pharmacy is the largest market of fascioliasis treatment, driven by the doctor’s diagnosis and prescriptions, reimbursements and government ties.

Fascioliasis Treatment Market: Regional Outlook

The global fascioliasis treatment market is dominated by Latin America with the increasing cases of fascioliasis due to the heavy contact with livestock, compromised hygiene and increasing awareness. The regions driving the Latin America fascioliasis treatment market include Peru, Chile, Argentina and Bolivia, with increasing prevalence of fascioliasis, government aid and treatment availability.

Middle East & Africa fascioliasis treatment market are also emerging due to the surging cases in Africa, Egypt, Zimbabwe, Cameroon and Senegal, coupled with the government aid. Asia pacific region is also elevating due to South-Asian countries such as India, Bangladesh, Vietnam and East Asian countries with rising burden of fascioliasis, poor sanitations and treatment availability.

However, Europe and North America have negligible fascioliasis treatment market and laggard growth rate due to low cases, strict sanitation and hygiene, and food standards.

Fascioliasis Treatment Market: Key Players

The key players of global fascioliasis treatment market include

  • Novartis
  • Alivira Animal Health Limited
  • Merck & Co.
  • Janssen
  • Hebei Veyong Pharmaceutical Co. Ltd
  • Norbrook
  • Pfizer
  • Procyon Life Sciences
  • Ipca Laboratories and Hangzhou Think Chemical Co. Ltd.

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.

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The report covers exhaust analysis on:

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

Regional analysis includes:

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

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.

Fascioliasis Treatment Market: Segmentation

The global fascioliasis treatment market can be segmented into Treatment and Distribution Channels.

Treatment

  • Triclabendazole
  • Nitazoxanide

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Distribution Channel

  • Hospital Pharmacy
  • Online Pharmacy
  • Retail Pharmacy

DDI Market is projected to reach beyond US$ 1.5 Bn by the end of 2028, witnessing an estimated CAGR of 15.7% between 2021-2028

Estimated to observe a whopping 15% rate of the yearly growth in revenue, the global DDI market projected for an impressive growth outlook in 2019 and ahead. According to a new Future Market Insights’ study, SMEs are rapidly emerging as high-potential end use consumers for DDI services and solutions providers.

Top 3 Regional Markets for DDI Hold over 50% Value Share

While North America’s market for DDI services and solution will maintain the lion’s share in the global value, the report forecasts a collective share of over half of the market value for North America, Europe, and East Asia. Furthermore, DDI adoption is most likely witness an above-average rate within MEA over the coming years.

Demand for DDI solutions will continue to account for more than 50% of the total market value. However, FMI’s analysis highlights rapidly growing opportunities arising in the DDI services segment owing to the rising significance of managed & support services within enterprise environments.

With a collective share of over 55% in the market value, cloud & virtualization and network security will remain the top application areas of DDI services and solutions. Revenue through cloud deployment is poised to register an ascending rate in DDI market.

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Businesses Demanding IP Address Management Solutions to Majorly Contribute in DDI Demand Growth

Rising adoption of IPv6 (Internet Protocol Version 6) and growing need for effective IP address management have been cited as the key opportunity areas for DDI solution and service providers in the market. Moreover, IP address management also holds crucial position in the modern business network infrastructure. However, low adoption rate of software-defined networking is found to be one of the key restraining factors in the global DDI marketplace. Software-defined networking provides a new way of delivering peripheral network services, including DDI. However, DDI solution providers are not delivering their software via SDN architectures.

According to the report, constantly increasing popularity of the BYOD (Bring your own device) trend at workplaces will prominently assist the growth of DDI market in the near future. Increasing network complexity and rapid addition of a number of network management points will further intensify the requirement of DDI services, thereby bolstering the revenue growth of market.

DDI Market Participants to Strategize on Acquisitions

In the fairly consolidated competitive landscape of DDI market, a limited number of regional and local players are competing for firmer market positions. While new product launches and existing portfolio upgrade have been the important strategies assisting growth of companies in the DDI space, strategic acquisitions are most likely to emerge a popular growth strategy among the market participants.

FMI’s report has profiled some of the most prominent companies active in DDI services and solutions landscape, including Infoblox, Inc., Cisco Systems, Inc., BlueCat Networks, Inc., Nokia, TCPWave Inc., PC Network Inc., Men & Mice, EfficientIP, ApplianSys, FusionLayer, BT Diamond IP, Microsoft Corporation, and NCC Group plc. among others.

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Key Queries Answered in the Report

  • How has the DDI market evolved in the past four years and what is the outlook for the next decade?
  • What are the key market trends and strategic developments in the DDI market?
  • What are the key challenges faced by the DDI solution and service providers?
  • What are the market dynamics in the global DDI market?
  • What are the strategies and market positioning of DDI solution and service providers as per the DDI market taxonomy?
  • What is the DDI market structure at present and how has it evolved in the past few years?

Application Delivery Network Market estimated at an impressive CAGR of 10.6% During 2021-2028

Future Market Insights (FMI) recently published a study that forecasts a robust growth outlook for the global application delivery network (ADN) market over a decade-old period, 2018-2028. Estimated at an impressive CAGR of 10.6%, the market for application delivery network will reportedly observe strong growth in the years to come owing to expanding applicability.

Extensively in use for applications in retail, arts, entertainment, and recreation, application delivery network technology are also finding wide applicability in several other industry verticals such as finance & insurance, educational services, public administration, healthcare & social assistance, and manufacturing.

Deployment of application delivery network platforms catalyzes the application delivery process at data centers, in addition to facilitating the application responsiveness and application load time. The key objective of the application delivery network is to enhance the user experience and deploy technologies that improve network security and latency. These advantages will continue to boost the adoption of application delivery network by businesses in the near future.

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Vendors Maintaining the Focus on Specialized Application Delivery Network for Different End-Users

In the application delivery network market, established vendors are undertaking research initiatives to develop specialized application delivery network equipment for different end-users, such as cloud service providers and telecommunication service providers, among other enterprise networks. Application delivery networking platforms integrated with application control and classification features are enabling enterprises to control the flow of applications over the network.

Application visibility and control features are allowing enterprises to fulfill the regulatory needs while knowing the type, nature, and other parameters of applications running across the application delivery network. These benefits offered by application delivery networks enable enterprises to offer better service, control expenditure and provide effective security. Mission-critical applications are protected and non-business applications do not overrun the application delivery network. This trend is expected to play a major role in accelerating the adoption of application delivery network services on a global scale.

Application-related advancements in application delivery networks, responses to customer devices and innovations in real-time decision-making, and features such as compression, routing, & other probable transformations are expected to offer lucrative opportunities in the global application delivery network market. Big Data is expected to be leveraged to further enhance advanced networking and network analytics. This factor is expected to drive automation and enhance application delivery networking abilities during the forecast period.

Key segments in the global application delivery network market:

Product

  • Application Delivery Controllers
  • WAN Optimization Controllers
  • Application Security Equipment
  • Application Gateways

End-user Environment

  • Cloud Service Providers
  • Telecommunication Service Providers
  • Other Enterprise Networks

Deployment Type

  • On-premise
  • Cloud

Vertical

  • Finance and Insurance
  • Educational Services
  • Arts, Entertainment and Recreation
  • Public Administration
  • Retail Trade
  • Health Care and Social Assistance
  • Manufacturing

Equally Strong Adoption of Application Delivery Network among SMEs & Large Enterprises

Various SMEs in emerging markets are focusing on utilizing application delivery network platforms and the internet to enhance their market diffusion. Large organizations are focusing on providing an interactive and engaging digital experience that relies on heavy multimedia content. This is likely to increase the loading time of webpages and other applications due to increasing congestion and traffic on the internet. Customer engagement is vital for the sustenance of enterprise businesses and is becoming increasingly challenging with continuous fluctuations in online economic conditions characterized by intense competition. This is expected to increase the deployment of content and application delivery networks for the efficient delivery of web- and application-based static and dynamic content during the forecast period.

Application delivery networks ensure the availability, speed, and security of applications. A suite of technologies is delivered over a special network, which is designed to maximize the overall performance of applications. The distribution of network traffic across multiple servers is often required to enhance application responsiveness. Unlike content delivery networks, which deliver static content, application delivery networks optimize the delivery and acceleration of dynamic content.

Geographically, the application delivery network market in North America is estimated to continue to hold the largest share of the global application delivery network market throughout the forecast period, owing to the focus of enterprises on enhancing web and application-based market diffusion. The South Asian application delivery network market is expected to witness a comparatively higher application delivery network procurement owing to the focus of companies and governments on accommodating the next-generation applications in the region.

Some of the key players in the global application delivery network market report include Cisco Systems, Inc.; Citrix Systems, Inc.; Dell Inc.; Juniper Networks, Inc.; Hewlett Packard Enterprise Development LP; Verizon; Oracle; A10 Networks, Inc.; Symantec Corporation; Array Networks, Inc.; F5 Networks, Inc.; Aryaka Networks; Radware; and Riverbed Technology.

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Significant Contributions of the Report

  • Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
  • Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
  • Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
  • Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
  • Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry