Wearable Blood Pressure Monitor Market | Current and Future Demand, Analysis, Growth and Forecast By 2029, Report

This Wearable Blood Pressure Monitor market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Wearable Blood Pressure Monitor market.

Wearable blood pressure monitors are smaller than the traditional blood pressure devices. Most wearable blood pressure monitors are digital and the new smart wearable blood pressure monitors are operated through apps. Wearable blood pressure monitors are available in three basic forms, which are wrist blood pressure monitor, upper arm blood pressure monitor, finger blood pressure monitor. Among all types of wearable blood pressure monitors, the wrist wearable blood pressure monitors are of particular interest due to the easy use and non-bulky look and design. With the advancement in technology the wrist based wearable blood pressure monitors are becoming sleeker and slim such as the recently launched Omron’s Heart Guide. The device looks like a smart watch, and also has the features of a smart watch. The Heart Guide is a step towards in the inclusion of blood pressure monitoring through a fitness tracker. Further advancement in technology for wearable blood pressure monitors is expected to drive the growth and adoption of wearable blood pressure monitor market globally, throughout the forecast period.

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Wearable blood pressure monitor Market: Drivers and Restraints

Increasing prevalence of hypertension, increase in healthcare spending and rise in adoption of wireless and wearable technology are some of the factors that drive the growth of wearable blood pressure monitors. Others factors such as increase in ageing population and rise in cardiovascular disorders also drive the growth of wearable blood pressure monitors. However, increased cost of wearable blood pressure monitors, lack of precision when compared to conventional devices and compatibility issues with other devices are some of the factors that may hinder the growth of the wearable blood pressure monitor market.

Wearable blood pressure monitor Market: Overview

Increase in hypertension population is primarily driven by changes in lifestyle and adoption of sedentary lifestyle. The increase in fast pace lifestyle has moved patients from regular visit to doctor to opting the use of compatible, easy to use wearable blood pressure monitors. Wearable blood pressure monitors are currently still being developed from wireless upper arm monitors to bulky wrist monitors to recently FDA approved watch type of blood pressure monitors. With the advancement in technology the adoption of such wearable blood pressure monitors is expected to rise during the forecast period there by driving a significant growth of the wearable blood pressure monitor market.

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Wearable blood pressure monitor Market: Regional Outlook

North America and Europe take the maximum share of the Wearable blood pressure monitor market. Increased adoption of advance technology, rise in healthcare spending, and increase in awareness in these regions are some of the factors that drive the growth of the Wearable blood pressure monitor market. However Asia Pacific region is expected to have the a significantly high growth rate due to increasing aging population, rise in hypertension patient pool in the region and need for continuous or periodic monitoring of patients.

Wearable blood pressure monitor Market: Key Players

Some of the Key players in the Wearable blood pressure monitor market include, Blipcare, iHealth Labs Inc., OMRON Corporation, Koninklijke Philips N.V., Pyle Audio, ForaCare Suisse AG, Qardio, Inc., Xiaomi, Medaval Ltd., Nokia Corporation, Koogeek Inc., and Inventum Huishoudelijke Apparaten B.V., among many others.

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Wearable blood pressure monitor Market: Segmentation

The global Wearable blood pressure monitor market is segmented by product type, indication, end users and region:

Based on the product type, the global Wearable blood pressure monitor market is segmented into:

  • Wrist Blood Pressure Monitor
  • Upper arm Blood Pressure Monitor
  • Finger Blood Pressure Monitor

Based on the connecting technology, the global Wearable blood pressure monitor market is segmented into:

  • WiFi Based
  • Bluetooth Based

Based on the end users, the global Wearable blood pressure monitor market is segmented into:

  • Healthcare facilities
  • Home Care Settings

Acute Kidney Injury Treatment Market is projected to exhibit a noteworthy 8% CAGR over the forecast period 2019–2029

Growing prevalence of acute kidney injury as well as increasing early diagnosis with subsequent increasing treatment seeking rate are the prime drivers of the global acute kidney injury treatment market. Treatment such as dialysis therapies has resulted in better management of acute kidney injury, and has helped reduce the risk of various kidney-related diseases. Various organisations are involved in acute kidney injury disease surveillance. In 2017, China’s central government issued the 13th Five Year National Science and Technology Innovation Plan, which aims to create a national platform to share biomedical big data, develop technologies for precision medicine, and integrate them into a multilevel knowledge database, leading the healthcare treatment market to new growth avenues.

The global acute kidney injury treatment market is projected to exhibit a noteworthy 8% CAGR over the forecast period (2019–2029).

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“Increasing prevalence of acute kidney injury across the world and increasing number of dialysis centers are prominent factors augmenting the growth prospects of the global acute kidney injury treatment market.”

Key Takeaways of Acute Kidney Injury Treatment Market Study

  • Owing to increasing acute kidney injury prevalence, number of dialysis centers, and efficient treatment method, the dialysis segment is expected to be a significant revenue generator.
  • The intermittent hemodialysis segment, under product, in the acute kidney injury treatment market, is expected to be a prominent segment, as results provided by this treatment are more efficient as compared to other dialysis methods.
  • The pre-renal injury segment is anticipated to dominate the acute kidney injury treatment market, as pre-renal injury is more prevalent in patients with acute kidney injury.
  • North America is expected to dominate the global acute kidney injury treatment market in terms of revenue, owing to the growing adoption of advanced treatments over conventional methods. East Asia is expected to offer lucrative opportunities for the acute kidney injury treatment market during the forecast period.

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Advanced Technology & Product Launches – Key Strategies Followed by Manufacturers

Advancements in diagnostic technology and more product availability in order to streamline their product offerings in respective regions with diverse product portfolios are being followed by players in the acute kidney injury treatment market. For instance, in January, 2019, Fresenius Medical Care launched the 4008A dialysis machine to improve accessibility to life-sustaining dialysis treatment.

More Valuable Insights on Acute Kidney Injury Treatment Market

Future Market Insights brings a comprehensive research report on forecast revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each segment from 2014 to 2029. The global acute kidney injury treatment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the readersThe study provide compelling insights on the acute kidney injury treatment market on the basis of product (dialysis and drug therapy), injury (pre-renal injury, intrinsic renal injury, and post-renal injury), and distribution channel (hospitals, ambulatory surgical centers, and others), across seven major regions.

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About Future Market Insights (FMI)

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

Drug Free Depression Treatment Market Growth Opportunities in Global Industry by 2028 Edited by Leading Research Firm

Depression is a common mental health problem among the majority of people living in the urban area. During the depression, people feel empty from inside and have less motivation toward life. Several options are available for the depression treatment, but drugs are commonly prescribed options by the medical profession for the treatment of depression. While the treatment of depression using drugs has several side effects. Therefore alternative drug free depression treatment options come in the frame. The most common method for drug free depression treatment are cognitive behavioral therapy and transcranial magnetic stimulation.

More option available for drug free depression treatment are herbal remedies, acupuncture, reflexography, guided imagery and relaxation. Along with this drug free depression treatment, yoga exercise and massages are preferred by the experts.

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Drug Free Depression Treatment Market: Drivers and Restraints

The change in the lifestyle of people which has upsurge the number of cases of depression is the primary factor driving the growth of the drug free depression treatment. Also, the severe side-effects of consumption of antidepressant as drug treatment will boost the demand for drug free depression treatment market.  Moreover, the rising awareness campaign by Anxiety and Depression Association of America about the drug free depression treatment will propel the growth of drug free depression treatment market. People are not aware of the alternative option for treatment of depression which may deter the growth of drug free depression treatment market. Also, drug free depression treatment is more costly than drug treatment which can also hinder the growth of drug free depression treatment market.

Drug Free Depression Treatment Market: Overview

The drug free depression treatment market is expected to gain the ultimate traction over the forecast period due to the rising number of people suffering from depression. According to the World Health Organization, Depression is the common mental disorder and it affects more than 300 million people of all ages around the globe. Cognitive behavioral therapy and transcranial magnetic stimulation are the most widely used drug free depression treatment, hence this segment collectively gains the majority of the revenue share of global drug free depression treatment market. By therapy type, reflexography and guided imagery are the emerging segments for the global drug free depression treatment market. Among all end user, hospitals is the leading segment for global drug free depression treatment market which is then followed by specialized clinics.

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Drug Free Depression Treatment Market: Regional Overview

North America is the most lucrative market for Drug Free Depression Treatment due to high adoption of Drug Free Depression Treatment among the people in the U.S. and Canada. Europe is the second most lucrative region for the Drug Free Depression Treatment market due to the availability of favorable reimbursement scenario in the majority of European countries. Asia-Pacific is the fastest growing region for Drug Free Depression Treatment market owing to the rising adoption of herbal medicine in counties like in India, China, and Japan. Latin America and the Middle East Africa region are the least lucrative for Drug Free Depression Treatment market due to lack of awareness about the alternative treatment options.

Drug Free Depression Treatment Market: Key Players

Some of the key players found across the value chain of Drug Free Depression Treatment are Cleveland Clinic, Fortis Healthcare, Mayo Clinic, Assurex Health, Inc., Great Oaks Recovery Center, McLean Hospital. and others

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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Drug Free Depression Treatment Market: Segmentation

The global Drug Free Depression Treatment market is classified on the basis of treatment type, end user, and region.

Based on treatment type Drug Free Depression Treatment market is segmented into following:

  • Cognitive Behavioral Therapy
  • Transcranial Magnetic Stimulation
  • Herbal Remedies
  • Acupuncture
  • Reflexography
  • Guided Imagery
  • Others

Based on facility type Drug Free Depression Treatment market is segmented into following:

  • Hospitals
  • Specialized Clinics
  • Rehabilitation Centers

Nonvascular Interventional Radiology Devices Market Size, Growth Analysis Report, Forecast to 2029

Interventional radiology is defined as the range of techniques that require radiology imaging such as ultrasound, x-ray fluoroscopy, magnetic resonance imaging and computed tomography. Nonvascular interventional radiology devices use interventional radiological guidance for treatment of benign medical conditions and cancer. Nonvascular interventional radiology devices have various applications like, for treating tumor ablation, radioembolisation, chemoembolization; relieving effects of cancer and medical disorders on other systems; to drain collection of pus or fluid in the abdomen or chest; or for treating collapsed spinal bones.

The range of medical conditions that are capable to be treated by using nonvascular interventional radiology Devices is enormous and continually expanding. Different kinds of new nonvascular interventional radiology devices are being introduced, that includes Cope Gastrointestinal Suture, new biopsy needles, AccuStick, ESP Glove, Rösch-Thurmond Fallopian Tube Catheterization Set, and others.

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Nonvascular Interventional Radiology Devices Market: Drivers and Restraints-

Nonvascular interventional radiology devices have gained immense popularity for cancer treatment over the years. Growing incidence of benign tumors of liver and kidney, uterine fibroids, and several liver and pancreatic conditions is expected to create immense opportunities for the nonvascular interventional radiology devices across regions throughout the forecast period.

Several ongoing researches for improved efficiency of these nonvascular interventional radiology devices and growing government support is also expected to fuel the market growth for nonvascular interventional radiology devices during the forecast period. Growing awareness on nonvascular interventional radiology devices across regions is also expected to propel demand for nonvascular interventional radiology devices during the forecast period. However, high costs associated with nonvascular interventional radiology devices and constant increase in procedure cost that is associated with radiology procedures are expected to obstruct market growth for nonvascular interventional radiology devices during the forecast period.

Nonvascular Interventional Radiology Devices Market: Overview

The development of various imaging methods during 1970s and 1980s gave an incredible push for improving subtle non-vascular interventional radiology techniques such as ultrasound, x-ray and computed tomography guided. With regard to biopsies, the more development of finer needles and precise image guiding, automatic biopsy guns are responsible in leading the improvements in precision of tissue sampling, wherein they also determine reduced complications. Image-guided biopsies and drainages are two most often performed non-vascular interventions that require nonvascular interventional radiology devices. Growing researches regarding nonvascular interventional radiology devices is expected to boost demand for research institutes by the end user segment. Nonvascular interventional radiology devices is expected to gain popularity for tumor therapies over the years and is thus, expected to be the leading segment by the product type for nonvascular interventional radiology devices market.

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Nonvascular Interventional Radiology Devices Market: Region-wise Outlook

North America market for nonvascular interventional radiology devices is expected to grow significantly owing it to the increased diagnostic imaging related researches and accelerated development of new launches by key manufacturers in the market. Improved healthcare infrastructure and expenditure is anticipated to fuel the Europe market for nonvascular interventional radiology devices during the forecast period. Growing awareness on nonvascular radiology technologies in India, China, and Japan is expected to fuel the market for nonvascular interventional radiology devices in the Asia-Pacific region. Enhanced product portfolio and growing number of nonvascular interventional radiology devices manufacturers is expected to fuel market growth for the overall market of nonvascular interventional radiology devices.

Nonvascular Interventional Radiology Devices Market: Key Market Participants

A few market participants in the Global Nonvascular Interventional Radiology Devices market identified across the value chain include: Siemens Healthcare, Q3 Medical Devices Limited, Röchling Group, Boston Scientific Corporation, Cook, and Teleflex Incorporated.

The research report on Nonvascular Interventional Radiology Devices 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 Nonvascular Interventional Radiology Devices report provides analysis and information according to market segments such as geographies, application, and industry.

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Nonvascular Interventional Radiology Devices Market: Segmentation

On the basis of product type, Nonvascular Interventional Radiology Devices Market can be segmented as:

  • Sutures
  • Gloves
  • Drainage Tubes
  • Biopsy Needles
  • Catheterization Sets
  • Others

On the basis of Application, Nonvascular Interventional Radiology Devices Market can be segmented as:

  • Cancer Tumors
  • Uterine Fibroids
  • Liver and Pancreatic Disorders
  • Others

On the basis of End User, Nonvascular Interventional Radiology Devices Market can be segmented as:

  • Hospitals
  • Radiology Centers
  • Diagnostic Laboratories
  • Research Centers
  • Ambulatory Surgical Centers

Robotic Catheterization Systems Market is set to experience a significant growth of 14.8% CAGR from 2022 to 2029

A recent clinical study radiation level research with robotic catheterization and normal cardiac intervention procedures reveals that robotic catheterization systems show reduction of ionizing radiation exposure by 95%.

This factor will be prominent in pushing the preference for robotic catheterization systems as an effective procedure for catheterization. Projected to reach US$ 26 Mn by the end of 2022, robotic catheterization systems market is set to thrive at an impressive CAGR of 15% during the forecast period (2022 – 2029).

Interventional and surgical robotic systems have already made a significant impact on how surgeries are performed and are being increasingly adopted in modern operating rooms. Robotic catheterization systems have proved their abilities to perform interventional procedures with immensely low operator radiation exposure in comparison to the tradition catheterization procedures.

Procedures where clinicians are given navigational and mechanical tools that permit definite actions or part of the procedure to be executed autonomously with a level of precession and control are possible only with robot-assisted catheterization.

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Key Takeaways – Robotic Catheterization Systems Market Study

  • Popularity of robotic catheterization systems, increasing system awareness, improving reimbursement scenarios for percutaneous coronary intervention (PCI), larger patient pool for coronary artery diseases are key factors influencing the robotic catheterization systems market in developed countries.
  • High upfront cost is posing a negative impact on end users’ decision to purchase robotic catheterized systems. To rework this problem, Hansen Medical is offering sensei system at a competitive pricing depicting lower accessory cost and lower total cost per procedure.
  • Robotic catheterization systems installed in Chesapeake Regional Healthcare marks as the first fully integrated catheterization laboratory installed in its all intervention operating room.
  • In terms of product type, electromechanical robotic catheterization systems with comparatively higher technical advantage over magnetic-guided robotic catheterization systems is expected to generate significant revenue.
  • In terms of application, increasing adoption of robotic catheterization for percutaneous coronary intervention as compared to cardiac electrophysiology procedure marks higher revenue potential.

The first ever successful robotic PCI procedure in Asia Pacific that delivered positive results will be offering an inception point for the growth of robotic catheterization systems market in developing Asian economies.

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Market Leaders on Acquisition Spree

In reference to the trend in other medical device markets, key factors impacting the robotic catheterization systems market are partnerships and mergers observed in recent years. Key manufacturers are entering the robotic catheterization systems market by strategically expanding their reach through acquisitions and mergers, considering the increasing demand for these systems.

Product bundling of robotic catheterization and accessory systems at promotional rates and research contracts are forcing a decline in ASPs. Companies are focusing on limiting operational expenses to grow profitability. In contrast to these market changes, another significant factor influencing the robotic catheterization systems market is the exit and entrance of co-participating companies.

In August 2022, Corindus Vascular Robotics Inc., a prominent developer of precision vascular robotics, declared that it has settled on acquisition by Siemens Healthineers AG., representing a collective purchase price of approximately $1.1 billion.

In April 2016, Hansen Medical Inc. was acquired by Auris Surgical Robotics Inc. in an arrangement with roughly US$ 80 Mn of equity value. With Hansen portfolio, Auris attained Magellan Robotic System, employed in navigating peripheral blood vessels in endovascular procedures, and Sensei Robotic System, a robotically steerable catheter system.

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Looking for More Insights?

Robotic catheterization systems market, a new study from Future Market Insights, provides unparalleled insights on evolution of the robotic catheterization systems market during 2014 – 2021 and presents demand projections during 2022 – 2029 on the basis of product category (Electromechanical robotic catheterization systems, magnetic-guided robotic catheterization systems), application (percutaneous coronary intervention, cardiac electrophysiology procedures), and end user (hospitals, ambulatory surgical centers, catheterization laboratories) across seven prominent regions.

Ischemic Stroke Aspiration Systems Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2029

Ischemic stroke is the condition in which blood flow to the brain stops resulting in dying of the brain cells which often results in serious health conditions such as Paralysis, haemorrhage inside the brain. Out of all strokes, ischemic stroke accounts for around 80% which indicates the significant health risk posed. The ischemic stroke often is result of the blockage of the arteries carrying blood to the brain. Blockage/ leaking or bursting of these arteries can be due to various reasons such as building of the clot inside the artery.

Various risk factors which can lead to the ischemic stroke including lifestyle related factors such as overweight, heavy drinking, physical inactivity, using illicit drugs such as cocaine, etc., medical factors such as diabetes, sleep apnea, cardiovascular disease and person above 55 years of age, etc. are at high risk of ischemic stroke.

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Ischemic Stroke Aspiration Systems Market: Drivers and Restraints

Increasing prevalence of the cardiovascular diseases across the world expected to drive the growth of the ischemic stroke aspiration systems market. Increasing prevalence of the diabetes in developed as well as developing countries expected to fuel the growth of the ischemic stroke aspiration systems market. Product penetration of the ischemic stroke aspiration systems in various developing countries such as China and India is increasing rapidly which is allowing to generate revenue rapidly driving the growth of the ischemic stroke aspiration systems market.

Various global manufacturers in the ischemic stroke aspiration systems market are looking for regional players for the collaboration, partnership, acquisition in order to enhance their regional product footprint which in turn expected to drive the growth of the ischemic stroke aspiration systems market. Increasing awareness about the possible symptoms of the ischemic stroke resulting in improving treatment seeking rate fueling the growth of the ischemic stroke aspiration systems market. Changing lifestyle resulting in increased alcohol consumption, smoking and decreased physical activity increases the chances of the ischemic stroke aspiration systems market. Whereas, high cost of procedure may hamper the growth of the ischemic stroke aspiration systems market.

Ischemic Stroke Aspiration Systems Market: Overview

The global ischemic stroke aspiration systems market expected to experience significant revenue generation during the forecast period owing to higher incidence of the ischemic stroke across different regions. By end user, ischemic stroke aspiration systems market is expected to be dominated by hospitals due to higher patient footfall for the treatment. The manufacturers in the global ischemic stroke aspiration systems market are focusing on manufacturing innovative products to improve the preciseness of the procedure carried out to remove the clots inside the arteries.

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Ischemic Stroke Aspiration Systems Market: Regional Outlook

North America is expected to be the highest revenue generating region across the global ischemic stroke aspiration systems market due to higher number of the procedures carried out in the region. Latin America ischemic stroke aspiration systems market is expected to experience gradual growth attributing to increase regional product penetration in the region. Europe ischemic stroke aspiration systems market is expected to be the second most lucrative market owing to higher adoption of the ischemic stroke aspiration systems for treating ischemic stroke. Asia-Pacific ischemic stroke aspiration systems market is expected to be the fastest growing region owing to rapidly improving healthcare infrastructure in the region. Middle East & Africa is expected to be the least lucrative region in the global ischemic stroke aspiration systems market due to least adoption of the product.

Ischemic Stroke Aspiration Systems Market: Key Players

The key market players operating in the ischemic stroke aspiration systems market are: Medtronic, Penumbra, Inc., Insera Therapeutics, Imperative Care Inc., and others.

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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Ischemic Stroke Aspiration Systems Market: Segmentation

The global ischemic stroke aspiration systems market is segmented on the basis of end user and region

By end user, the global ischemic stroke aspiration systems market is segmented as:

  • Hospitals
  • Ambulatory Surgery Centers
  • Specialty Clinics

Cardiac Assist Devices Market reaching US$ 2,062.7 Bn by 2031, opines FMI

Rising prevalence of heart failure across the globe have resulted in increased demand for cardiac assist devices. Future Market Insights (FMI) estimated the demand for Cardiac Assist Devices Market is to have risen at a steady rate of 5.64% CAGR between 2016 and 2020.

With ventricular assist device (VAD) accounting for over 62% global market share, growth is on the cards for cardiac assist devices sales. Increasing demand for minimally invasive devices will continue fuelling the demand for VAD, especially across the U.S., the U.K., and India.

Incorporation of advanced technology such as Internet of Thinking and rising investment from leading players will result in market growth. FMI forecasts demand to rise at 5.9% in 2021. Overall, the market is poised to expand at 5.29% CAGR, reaching US$ 2,062.7 Bn by 2031, opines FMI.

Driven by increasing demand for ventricular assist devices, the market is expected to register healthy growth in the upcoming decade. Surging cases of heart failure across the globe have resulted in increased demand for ventricular assist devices.

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Technological advancements in ventricular assist devices intended to curb the mortality rate have driven the adoption in the U.S., the U.K., and Germany. Due to the benefits such as minimal hospital stays and fast recovery, demand for minimally invasive devices have improved the adoption of ventricular assist devices.

With rising prevalence of coronary heart diseases, demand for left ventricular assist devices in countries including the U.S. and the U.K., market is anticipated to witness billion-dollar opportunity during the forecast period.

Favorable government initiatives and fast-track approval for ventricular assist devices have improved the market demand, registering year-on-year growth at 5.90% CAGR in 2021.

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Key Takeaways from FMI’s Cardiac Assist Devices Market Study

  • In terms of product type, ventricular assist devices (VAD) accounted for over 62% of global market share
  • Implantable devices are anticipated to capture maximum share owing to the ability to control, monitor and screen erratic heart rhythms
  • Hospital pharmacies are anticipated to hold major revenue share although ambulatory surgical center segment is expected to gain traction in the upcoming decade
  • The U.S. is anticipated to lead the global market owing to the increasing cases of heart failure resulting in surging demand for VAD
  • The U.K. and Germany are expected to dominate the Europe’s cardiac assist devices backed by technological development in the field of VAD
  • India is expected to emerge as highly lucrative market backed by favorable government initiatives and rising demand for minimally invasive devices

“Consistent advancements in technology used for cardiac assist devices are creating lucrative growth prospects for the market players. Besides this, they are expected to gain since the demand for VAD is rising continuously across the globe,” says the FMI analyst. 

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Competitive Landscape

Some of the leading healthcare companies are focusing on new product launches and innovation to stay ahead in the competition. As per Future Market Insights, Terumo Corporation, Medtronic PLC., Abbott Laboratories, Maquet GmbH, and Teleflex Incorporated are leading the market.

Key players are increasing the supply of ventricular assist devices catering the burgeoning demand, creating lucrative revenues. Increasing demand for artificial heart devices have led to consolidation of market by these top players.

However, new emerging players are adopting strategies including new launches and collaborations to gain the lead in the industry.

In June 2021, Medtronic PLC took the decision to stop the global sales of Medtronic Heartware HVAD left ventricular assist device (LVAD), which paved the way for many emerging players and leading players such as Abbott to increase the supply and capacity of LVADs.

In October 2020, another leading player, Abiomed announced the approval for its Impella CP Heart Pumps in Japan from Ministry of Health, Labor, and Welfare.

Telehealth Kiosk Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI

Telehealth kiosks are expected to become an essential part of a healthcare system and programs in the future. Telehealth kiosks allow health care professionals to treat patients at distance using telecommunication technology. Telehealth kiosk outfitted with telemedicine capabilities such as telephony and video conferencing with healthcare providers. Telehealth kiosk can lower healthcare costs to the patient and reduce visit and wait time. Telehealth kiosk has tools and capabilities such as store and forward diagnostic data and report. This capability of telehealth kiosk help to have access specialists anywhere. The systems have tools to track vital signs and other health data which is more beneficial for patients. Telehealth kiosk could reduce the number of transfer between one facility to another off-site medical facility which is helpful in reduce transportation cost and provide early diagnosis. Telehealth kiosk is designed to meet specific healthcare requirement in one in all solutions. Telehealth kiosk has features such as medical devices for clinical examination such as the stethoscope, Spo2 sensors, and blood pressure monitor. Telehealth kiosk is also available with special features such as ADA assistance devices for deaf, blind and limited mobility patients.

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Telehealth Kiosk Market: Drivers and Restraints

Increasing need of urgent care medical service expected to favor the demand for the telehealth kiosks. Technological advancement in the medical industry expected to impel the growth of telehealth kiosk market. Increasing demand for telehealth services in rural and urban areas in an advantage of minimum time duration is a major driving factor of telehealth kiosk market. Evolution and advancement in medical data transferring through telemedicine systems propel the growth of the telehealth kiosk market. Telehealth kiosks are gaining popularity in developed countries as high demand for healthcare cost reduction. Rise in partnership with manufacturers and hospital and pharmacies for telehealth kiosks are expected to favor the growth of the telehealth kiosk market. In July 2018, Rite Aid Pharmacies signed a deal with California-based telehealth provider InTouch Health. Growing use of telehealth kiosk as the digital pharmacy is a major factor expected to boost the growth of telehealth kiosks market over the forecast period. Telehealth kiosks are able to administer the limited number of common medicines. Strong reimbursement policies for telemedicine carts have also favored the growth of telehealth kiosks market. However, the lack of trained manpower to support telemedicine and medical education expected to restrain the growth of the telehealth kiosks market.

Telehealth Kiosk Market: Overview

Telehealth kiosk is very helpful to provide healthcare facilities to rural and remote areas. Telehealth kiosk is beneficial for emergency and critical care situations, to provide access to healthcare services and reduce the cost of patient transfer. Telehealth kiosks are the better option for the overcome shortage of trained healthcare professionals and provide cost-effective medical consultation

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Telehealth Kiosk Market: Key Market Participants

Example of some market players participants in global telehealth kiosk market identify across the value chain are American Well, Olea kiosks Inc., Computerized Screening Inc., H & S Quality in Software SpA, AMD Global Telemedicine, Inc., InTouch Health, Computerized Screening Inc., ZIVELO Inc., and others.

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.

Telehealth Kiosk Market: Segmentation

On the basis of application, telehealth kiosk market can be segmented as:

  • Vital Sign Monitoring
  • Teleconsultation
  • Digital Pharmacy

On the basis of the end user, the telehealth kiosk market can be segmented as:

  • Hospitals
  • Community Clinics
  • Pharmacies

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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

Formalin Vials Market Forecast with Potential Impact, Despite COVID-19 Pandemic, Finds FMI 2022 – 2028

Formalin Vials Market Overview

The Formalin is also known as methylene oxide, methyl aldehyde, Oxo methane and oxymethyline. Formaldehyde (Methanol) is generally used as an aqueous base, containing 36-38% formaldehyde. Demand for formalin vials is primarily driven by its extensive use in the production of various methanol-based resins. These resins (urea-formaldehyde, urea-melamine-formaldehyde, and melamine-formaldehyde) find application in various industrial manufacturing purposes. Due to cost advantages and superior functionality formaldehyde based resins are used in wood adhesives. Therefore, the wood industry remains a major consumer of formaldehyde products. In addition, the growth of the housing sector and increasing demand for wood-based housing materials will continue to drive the global demand for formalin vials. Also, widespread application of formaldehyde in varied industries continues to support the growth of the formalin vials market. On the other hand, stringent regulation on formaldehyde use in manufacturing particleboards and other consumer products is anticipated to impact formalin vials sales. Factors as such are expected to influence the global formalin vials market during the study period.

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Formalin Vials Market: Drivers and Restraints

Thus, the growing acceptance of formalin vials or tubes over other alternatives of formalin is anticipated to propel the revenue generation in formalin vials market over the forecast period. The standardized utilization of formalin vials lowers the risk of professionals getting into direct contact with hazardous formalin, thereby preventing the further risk of developing cancer. The Immunohistochemical (IHC) and molecular analyses that incurs huge cost and time investment. The test errors would lead to an increased rate of histological misdiagnoses thus followed by wrong treatment decisions. The dramatic increase in misdiagnoses is expected to have massive consequences on patient-centred care. Thus formalin is the best-preferred fixative agent used in histopathology over other alternatives, thereby anticipated to drive formalin vials market growth. However, the high occupational hazard associated with Formalin Vial’s implications and stringent regulatory guideline for formalin use is anticipated the restraint the growth of the Formalin Vials market.

Formalin Vials Market: Overview

Over the last few years, an increase in the demand for prefilled formalin vials over the conventional formalin containers has been registered from the end users such as hospitals, academic institutes, forensic labs, emergency medical services, contract research organizations, and veterinary laboratories in Europe as compared to Asia – Pacific region. As these prefilled formalin vials and tubes are safe owing to the least direct exposure with the pathologist, thereby Formalin Vials anticipated to register a high adoption over the study period and is expected to follow the same trend. An ultra-hygienic standard is required in quite a lot of facilities including health care facilities, majorly pharmaceutical companies, and the veterinary industry, livestock farming, sanitary facilities, schools, and food manufacturing industries. In-Depth infection prevention and control needs to be done in these industries. It can be achieved by intensive and frequent cleaning of these facilities with a wide range of products including disinfectants. Formaldehyde is, therefore, a broad spectrum disinfectant as it is active against various bacteria, fungi and spores, and viruses. The growing adoption of formalin as a disinfectant is anticipated to offer new growth opportunities to the formalin vials market

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Formalin Vials Market: Key Participants

Examples of some of the key participants in the Formalin Vials market are AbbVie Inc., Bristol-Myers Squibb Company, F Hoffmann-La Roche Ltd, Gilead Sciences, Inc., Johnson & Johnson, Kadmon Holdings, Inc., and Merck & Co., Inc. among others.

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 includes 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.

Formalin Vials Market: Segmentation

Based on product type, the Formalin Vials market is segmented into:

  • Low Volume
  • Medium Volume
  • High Volume

Based on End User, the Formalin Vials market is segmented into:

  • Emergency Medical Services
  • Hospitals
  • Clinics
  • Forensic Laboratories
  • Veterinary Clinics
  • Academic Institutes
  • Diagnostic Laboratories
  • Contract Research Organizations

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Report Highlights:

  • A detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size regarding volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies for 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

Serological Pipettes Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2028

Serological pipettes are used to calculate the definitive volume of liquids. Serological pipettes measure the volume of liquid in a milliliter, from less than 1 ml to up to 50 ml. Serological pipettes have a high adoption rate in the clinical market and find major applications in research & development and educational institutes. The increasing adoption rate for serological pipettes will act as the driving factor for the growth of serological pipettes market. Serological pipettes are used for a variety of experimental assays and are very useful for mixing cell suspensions and chemical solutions and for transferring liquids between containers and for layering reagents of different densities. The advantage of transferring accurate ml volumes of solutions in the lab will grow the market of serological pipettes over the forecast period. However, new market players find it difficult to enter due to the presence of a large number of manufacturer and compete based on quality, and reliability in the serological pipettes market. This factor will hamper the growth of serological pipettes market. Moreover, lack of expertise in the measurement of the volume of liquid will increase the probability of false result and will act as the restraint factor for the growth of the serological market.

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Serological Pipettes: Market Dynamics

Rising adoption of serological pipettes in various applications such as in the cell, tissue or bacterial culture to precisely measure the volume of liquid is one of the important reason for the growth in serological pipettes market. Additionally, low cost of pipettes will also increase the market growth of serological pipettes. However, the presence of the number of local manufacturers will hamper the serological pipettes market growth and will create high competition among existing players and difficulty for emerging new players to enter in the serological pipettes market.

Serological Pipettes Market: Overview

Serological pipettes market is expected to register the high revenue growth owing to high demand from the end-user segments. Increasing demand for more precise volume of liquid measuring devices will increase the demand for serological pipettes market. With the growing number of applications in research and development and rapid technological innovations, the serological pipettes market is expected to register a high revenue growth over the forecast period. In some regions, pipettes are being used for more than their lifespan, which decreases the quality of the device and increases the chances of false results. Lack of proper infrastructure and unavailability of hospitals supplies will hinder the growth of serological pipettes market. Also, low research & development expenditure in low economic countries will hamper the growth of serological pipettes market in these regions.

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Serological Pipettes Market: Key Players

Some of the key players present in global serological pipettes market are Thermo Fisher Scientific, Merck, Vitrolife, Kimble Chase, Daigger, Eppendorf, STEMCELL Technologies, Corning, Biofil, Camlab, Argos Technologies, Sarstedt and others.

Serological Pipettes Market: Segmentation

The global Serological Pipettes market is segmented by product type, applications, material and end user:

Segmentation by Product Type

  • Open-End Pipettes
  • Bacteriological Pipettes
  • Aspirating Pipettes

Segmentation by Applications

  • Bacterial Culture
  • Testing Labs
  • Tissue Culture
  • Cell Culture
  • Others

Segmentation by Material

  • Glass Pipettes
  • Plastic Pipettes
  • Polystyrene Pipettes
  • Others

Segmentation by End User

  • Hospitals
  • Diagnostic Laboratories
  • Research Institutes
  • Educational Institutes
  • Biotechnology Industry
  • Others

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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