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There has been an increasing demand for medical masks recently, creating an absolute opportunity for growth of the medical mask market.  A new Future Market Insights (FMI) report reveals that the global medical mask market will experience a major upturn post 2020, and further reaching over US$ 9 Bn by the end of 2030.

Medical facility highly depends on medical mask during surgeries. The availability of different versions of mask for different applications across different end-users, such as ambulatory surgical Centre’s, hospitals, dental settings, etc., are expected to fuel the growth of the medical mask market throughout the forecast period. Consistent growth in the number of surgeries performed globally is boosting the demand for anesthesia mask and laryngeal masks, which is expected to contribute to the growth of the medical mask market during the forecast period.

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Increasing number of infectious diseases and pollution as well as growth in the number of surgeries worldwide are providing further impetus to the growth of medical mask market.

The COVID-19 Impact on Medical Mask Sales

The novel coronavirus (COVID-19) pandemic has put a huge strain on the medical mask market, with the gap between supply and demand gradually widening. COVID-19, being primarily a respiratory disease, makes it imperative to incorporate personal protective equipment (PPE) such as medical masks for both, medical professionals and general public. This is both a challenge and opportunity for market players, which are focusing on scaling up production capacities in order to satiate the rapidly growing demand.

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Key Takeaways of Medical Mask Market Study

• In terms of product type, N95 respirators are expected to contribute over 25% of revenue in the medical mask market.
• Owing to low product cost and demand, surgical mask is the most preferred choice among costumers.
• Surgeries dominate the medical mask market by application, as medical professionals mostly prefer medical masks during surgeries to avoid contamination.
• In terms of end user, hospitals are expected to capture over 50% of share in the medical mask market during the forecast period.
• North America is the highest revenue generating market by region due to well-established and sophisticated healthcare infrastructure. East Asia is expected to offer lucrative opportunities owing to rapid healthcare programs and flourishing medical facilities.

Leading Manufacturers Focus on Mergers & Acquisitions

Leading manufacturers in the medical mask market are focusing on regional mergers & acquisitions to enhance their product portfolio and expand their regional presence.  For instance, in 2019, Examinetics announced its collaboration with Moldex-Metric Inc. to offer online respirator clearance evaluations. In 30 march 2020, the company moved quickly to expand its production capacity for N95 masks and start its new operation in Phoenix.

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Medical mask market, a new study from future market insights, opines on the application of Medical mask from 2015 – 2019 and presents demand projections from 2020 – 2030 on the basis of; product type (surgical mask, N95 respirators, face mask, full-face mask, laryngeal masks and anesthesia masks), application (respiratory safety, infections disease, allergies and surgeries) and end user (hospitals, academic & research institutes, diagnostic laboratories, individual) across seven prominent regions.

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Greater emphasis on ramping up the production to address a sudden increase in demand in the time of COVID-19 pandemic is accelerating the growth of medical ventilators market. The global medical ventilators market was valued at US$ 1.2 Bn in 2019 and is expected to exhibit a CAGR of 8.7% during the forecast period (2020-2030).

Increase in the number of severe cases of life-threatening novel coronavirus (COVID-19) has immensely boosted the demand for medical ventilators. Strong focus of manufacturers and governments on producing more number of medical ventilators is expected to propel the market growth during the forecast period (2020-2030). Growing demand for portable and low-cost medical ventilators creates a significant opportunity for global medical ventilators market players to set their products apart from the competition and expand their businesses.

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Continuous focus on the development of portable and low-cost medical ventilators and rapid spread of coronavirus across the globe are projected to propel the global medical ventilators market growth.

Key Takeaways of Medical Ventilators Market Study

• Sales of critical care ventilators contributed maximum share to the total market value, owing to increasing use in critical care areas of hospitals and other care areas as well.
• Extensive use of invasive ventilators in the management of chronic respiratory failure is expected to result in a notable share of the segment in the medical ventilators market.
• Hospital remains top end user contributing more than 38% of total demand, in line with high-quality clinical care and rising number of respiratory disease patients.
• North America captured notable revenue share of about 30% and is expected to be the most lucrative region for the medical ventilators market during the forecast period.
• Increasing government funding to boost the medical industry growth in Asian countries is expected to drive growth of the medical ventilators market in the region.

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Increasing Production Capacity – Imperative Strategy for Market Players

Manufacturers are now focusing on boosting ventilator manufacturing capacity to meet the urgent global demand due to the coronavirus pandemic. For instance, companies such as Medtronic, Koninklijke Philips N.V., GE Healthcare, and Getinge AB are now rapidly increasing their ventilator production by 40%-60%, to supply ventilators in response to the urgent need across the globe confronting COVID-19.

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What does the report cover?

Future market insights offer a unique perspective and actionable insights onmedical ventilatorsmarket in its latest study, presenting historical demand assessment from 2015 – 2019 and projections from 2020–2030 based on product (critical care ventilators, and transport ventilators), by technology (invasive ventilators, and non-invasive ventilator), by end user (hospitals and ambulatory surgical centres, long term care centres, and home care settings) in seven key regions.

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In recent years, non-opioid pain patches have gained huge attention of leading industry players due to the addictive risk and safety concerns of alternative opioid pain analgesics. In addition, governments and regulatory bodies are encouraging non-addictive alternative therapies for acute and chronic pain treatment. Leading industry players in the non-opioid pain patches market are tapping this opportunity by allocating significant investments towards the R&D of novel transdermal non-opioid pain technologies. Continuous innovation in these novel drugs is expected to drive the non-opioid pain patches market in the decade ahead. Key manufacturers operating in the market are offering a wide range of products such as lidocaine patches, diclofenac patches, methyl salicylate patches, capsaicin patches, ketoprofen patches, and others. Owing to the non-addictiveness of non-opioid pain therapeutics, there has been increasing demand for non-opioid pain patches, creating opportunity for the growth of the non-opioid pain patches market.

FMI – a well-established name in the market research domain – forecasts that, the non-opioid pain patches market will experience a major upturn post 2025, crossing the US$ 4 Bn mark by 2029.

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That being said, the market is likely to witness decline in the near term due to the novel coronavirus (COVID-19) pandemic. The impact of the pandemic has been prominent in China, where the virus originated, and Europe – Spain, Italy, and France. Consequently, governments in these regions have imposed total lockdowns, leading to logistic nightmares, and gradual exhausting of existing non-opioid pain patches.

“Rising demand for safe and alternative chronic pain therapeutics, and supportive government policies, are anticipated to shape the future of long-term acting transdermal non-opioid analgesic patches.”

Key Takeaways of Non-opioids Pain Patches Market Study     

• In terms of product type, the lidocaine patches segment is expected to capture over 65% of revenue share in the non-opioid pain patches market.
• Owing to superior topical effectiveness with minimal side-effects and prolonged transdermal drug release, lidocaine patches are the most preferred product type.
• In terms of distribution channel, hospital pharmacies and retail pharmacies & drug stores are expected to collectively hold over 70% of total value in the non-opioid pain patches market during the forecast period.
• North America is the highest revenue generating market by region, due to high R&D projects and conducive regulatory environment for non-opioid pain therapeutics. Europe is expected to offer lucrative opportunities, owing to the large aging population and increasing per capital healthcare expenditure.

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Strategic Collaborations – Key Differentiating Strategy Followed by Leading Manufacturers

Leading manufacturers in the non-opioid pain patches market are focusing on external development collaboration to innovate novel therapeutics, in a bid to sustain market competition. For instance, in April 2018, Seattle-based Kineta Chronic Pain collaborated with Genentech to develop a non-opioid drug for the treatment of chronic pain. The underdevelopment drug is α9/α10 nicotinic acetylcholine receptor (nAChR) antagonists, a novel target for the treatment of chronic neuropathic pain.

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A new study by Future Market Insights on the non-opioid pain patches market opines on the indications of non-opioids pain patches from 2014–2018, and presents demand projections for 2019–2029, on the basis of product type (lidocaine patches, diclofenac patches, methyl salicylate patches, capsaicin patches, ketoprofen patches, and others) and distribution channel (hospital pharmacies, retail pharmacies & drug stores, and online pharmacies), across seven prominent regions.

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The global ibuprofen API market surpassed US$ 572.9 Mn in 2019 and is set for a stable growth outlook over the course of 2019 – 2029, as per the findings of a new Future Market Insights (FMI) study. The primary factors for growth of the Ibuprofen API market include continuous demand for low-cost non-steroidal anti-inflammatory drugs (NSAID), and scale and age of manufacturing facilities.

The endoscopic ultrasound needles market is witnessing the advent of wide range of products including technological advancements in FNA and FNB for solid lesions. Endoscopic ultrasound have gained wide acceptance among surgeons as minimally invasive procedure along with EUS guided needles as the safe and minimally invasive method driving endoscopic ultrasound needles market growth.

Critical care information systems are used to help manage the large amount of data generated in an intensive care unit every day. Obtaining, synchronizing, assimilating, and evaluating patient data is very difficult because of incompatibilities among monitoring equipment, the absence of standard data formatting and proprietary limitations from industry. The intensive care units are a specialized section of a hospital containing the equipment, medical and nursing staff, monitoring and life support devices necessary to provide continuous care to patients that are severely ill and medically unstable. Information and communication technology has the potential to address many problems encountered in ICU care and managing large amounts of patient and research data and reducing medical errors.

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Critical Care Information Systems Market: Drivers and Restraints

The extensive use of physiological monitoring and organ support systems in critical care ensures that these areas are already technologically rich environments. This leads to a higher likelihood of acceptance of new information technology and ease in its implementation that reduces the inherent risk of information technology projects. However, clinical record keeping has been more challenging, particularly the requirement for electronic storage of a medico-legal record. Decision support ranges in its extent and requires further development. Successful integration with other hospital systems is highly desirable but may be made more difficult by the lack of rigorous technical standards in healthcare computing.

The critical care information system is fundamental to the quality improvement, research and business reporting functions. The huge amount of data, the lack of common minimal and extensive data sets, and the technical challenges of software development, all combine to make this a resource expensive venture requiring on site customization. Purchasing and implementing a critical care information system is costly in human and material resources.

Critical Care Information Systems Market: Segmentation

The critical care information system provider’s offer specialized programs to the end-users assisting in management of health plans by offering solutions to increasing costs of complexities in various treatments.

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Critical Care Information Systems Market: Overview

The critical care information system has been implemented in 201 adult and pediatric Level 3 and Level 2 critical care units. The system provides an important medium for monitoring and managing the province’s critical care resources more effectively, as well as highlighting opportunities for implementing quality improvement initiatives at individual hospitals and across the LHINs.  Additionally, critical care information system supports the ventilator associated pneumonia and central line infection data collection under the ministry’s patient safety initiative. The data captured in critical information system is also used to develop quarterly reports to inform health care system improvements.

Critical Care Information Systems Market: Region-wise Outlook

Geographically, the market is segmented into North America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, Latin America, and Middle East and Africa. North America is the largest market for critical care information systems owing to extensive technological advancements in this region. Countries such as the U.S. and Canada have been successful in implementing eHealth and health in their healthcare system, which as a result will boost the market growth. Also presence of developed healthcare and IT infrastructure, promising government initiatives in executing critical care information system in the current healthcare infrastructure and constantly improving reimbursement scenario is further propelling the market growth. Followed by North America is Europe market in the critical care information system owing to enhanced digitization of the healthcare processes and implementation of telehealth in this region. Asia Pacific include the acceptance and demand for high end medical. Countries like China, Japan and India are developing countries and hence fuel the market growth for critical care information system. Countries in Latin America like as Brazil and Mexico are the regions that have significant potential for growth due to evolving medical structure in the critical care information systems.

Critical Care Information Systems Market: Key Players

Some of the major market players include Affiliated Computer Services Inc., All Scripts Healthcare Solutions, Inc., Cerner Corporation, CompuGroup Medical, Computer Sciences Corporation, iSOFT Group Limited, Picis Clinical Solutions, Inc., Optum, Inc., McKesson Corporation and Siemens Healthcare. The companies in this market are adopting various strategies like agreements, expansions, and product deployment to increase their share and create a strong position in the critical care information system market.

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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Critical Care Information Systems Market: Segmentation

Globally, the medical laser fiber market is witnessing significant growth due to the increasing preference towards non-invasive surgeries, the dependence of medicine on diagnostics procedures and the rapid development in the laser fiber technologies. The application of laser fiber has been expanding in the last few years as there is an increase in the number of market entrants in the laser fiber market. The application of laser fibers in used in diagnostic, cosmetics, therapeutic and surgical.  In addition to this miniature instruments is been preferred in most of the healthcare setting and there has been a considerable increase in the development of these instruments. There has been a rise in the number of cosmetic procedures performed and these miniature instruments help the cosmetic surgeon perform the cosmetic surgery with more ease and perfection. The presence of various laser fiber applications such as fiber optic surgical lights, endoscopes, fiber optic dental lights, fiber optic sensors and laser fiber optics.

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There has been an increase in the outpatient flow in the accident and emergency departments. Most of the patients visit to under some eye surgery. This has created a lot of work load on the hospital staff in addition to the healthcare expenditure. Moreover, there is a rising trend of people undergoing cosmetic surgery as there is increase in spending capacity along with the lesser need for surgery. In March 2017, Lumenis Ltd. announced the new arrival of Moses holmium technology. The device which was developed for lithotripsy and assures better stone dusting and stone fragmentation. OmniGuide Holdings, Inc. also launched its VELOCITY High Performance Fiber to provide precision cutting along with increased speed. Through this s technology surgeons can reduce the time taken for performing a particular procedure while maintaining the tissue preservation and micron-level thermal spread.

Geographically, laser fiber in medical applications market is segmented into regions viz. North America, Latin America, Europe, Asia Pacific and Japan, Middle East and Africa. North America and Europe region is projected to maintain its lions share over the forecast period. This is due to the rising elderly population, the increasing ophthalmic issues, the improved infrastructure and the rising development of advanced technologies in the laser fiber optics.  Asia Pacific is the fastest growing region with the presence of huge population pool and the rising disposable income. People are more aware of the procedures available which can be done without going under the knifes.

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Key Players

The players in laser fiber in medical applications market Boston Scientific Corporation, C. R. Bard, Inc., Biolitec U.S. Inc, Olympus America,Cook Medical, ForTec Medical, International Medical Lasers, LEONI, LUMENIS and AngioDynamics Corporation to name a few.

Laser Fiber In Medical Applications Market

Laser fiber in medical applications market has been segmented on the basis of product type, material type, specialty and region.

Cell cultivation in an indispensable part for applications within medicine and scientific investigation. From simple substance test to cell therapies, cell technologies are completely based on the controlled propagation of cells. To achieve this goal non-invasive characterization of the cell population is to be established. Microscope is the oldest piece of equipment required for cell culture but with the advances in technology, these are now automated microscopes combined with computerized image analysis. But image-based cytometry is much more capable than just describing cell cultures in terms of numbers.

Image-based Cytometer Market: Drivers and Restraints

The demand for image-based cytometer is expected to propel due to technological advancements, increasing use of image-based cytometer in clinical trials, development of intuitive software and the growing utilization of image-based flow cytometers in research activities. The Jefferson Trust, awarded US$ 775,000 to universities to engage faculty and students in research. Mass Cytometry Antibody Bank was awarded US$ 35,000, q new technology which simultaneously measures 100 different cellular attributes of thousands of individual cells. The major hurdle for the researchers to access such technologies is the high cost related to buying antibodies. Through this funding, this hurdle was overcame and could act as support for future donations.

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Image-based Cytometer Market: Overview

High throughput screening is available in almost all the recent technologies introduced. This is because of the emerging trend towards precision medicine where each clinical trial is towards a specific cell. Thus cell analyzer are also developed such as they provide the researcher with multifunctional results of thousands of cells. With the increasing research undertakings and the potential offered for the equipment related the demand for image-based cytometer market is expected to propel. Moreover, market players are expanding their presence by developing a new technology or by growing in emerging countries.

Image-based Cytometer Market: Region-wise Outlook

In terms of geography, image-based cytometer market has been divided into five regions including North- America, Asia- Pacific, Middle-East & Africa, Latin America and Europe. North America is expected to remain the dominating region while Asia Pacific is expected to emerge as a fastest growing region. ChemoMetec A/S established its first international sales subsidiary in Australia to be closer to its customer and addressing the issues quickly.

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Image-based Cytometer Market: Key Market Participants

Some of the image-based cytometer market participants are Invitrogen, ChemoMetec A/S, Nexcelom Bioscience LLC., Vala Sciences Inc., Merck KGaA, GE Healthcare, Yokogawa Electric Corporation and Thorlabs, Inc.

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.

Image-based Cytometer Market: Segmentation