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Snare devices are important instruments require for different surgical procedure. These devices are used with endoscope in the surgical procedures such as laparoscopy, urology, gastrointestinal endoscopy, and many others. In recent years, the market has grown with a rapid step owing to the increasing number of endoscopy procedure. In addition, endoscopy helps in the diagnosis as well as treatment of gastrointestinal diseases. According to world health organization, every year millions of people undergo surgeries globally. These devices are used for particular procedure and commonly used for ear, nose and tonsils surgeries. Further, these devices also help to remove tumors causing complications that will boost demand for snare devices.

Snare Devices Market: Drivers and Restraints

Increasing prevalence of chronic diseases like cancer is one of the major factors attributing to the growth of the snare devices market. According to the Fight Colorectal Cancer.org (FCCO) colorectal cancer is the second leading cause of death among population in the U.S. Besides, increasing number of colon polypectomy procedure and increasing preference for minimally invasive surgeries are anticipated to increase the growth of snare devices market. Also, increasing number of geriatric populations is anticipated to offer more growth opportunity for the manufactures operating in the snare devices market.

However, the clinical complications involved in the usage of snare devices is expected to hinder the growth of snare devices market.

Snare Devices Market: Regional Overview

North America is expected to witness maximum growth owing to increase adoption of advanced technology in order to improve clinical outcomes in the region. In addition, increase in the number of colonoscopy procedures is driving the medical devices and pharmaceutical industries which is expected to increase the surgical snare device market in North America. Europe is the second leading region for snare devices market due to development units, clinical labs and expansion in research. Further, Asia pacific is expected to grow rapidly during forecast period due to increase in geriatric population which is prone to chronic disease of colon, bladder, kidney, etc. Additionally, increasing awareness about gastrointestinal disease, neurological disorder are the other factors which are likely to positively influence the growth of snare devices market in Asia pacific.

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Snare Devices Market: Key Players 

Examples of some of the market participants in Snare devices market identified across the value chain include CONMED, Boston Scientific, Medtronic Inc., Medline Industries, Rom Holdings Inc., DeRoyal Industries, Inc., Sklar Surgical Instruments and Hill-Rom Holdings Inc. The research report on Snare devices market 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 on Snare devices market provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on Snare Devices Market:

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

Report on Snare Devices Market includes regional analysis:

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

Snare Devices Market: Segmentation

The global Snare devices market is classified on the basis of usability, application, end user and region.

The intraoperative neuromonitoring devices has extensive value in health industry in terms of patient safety. With the changing perspective of MedTech, the adoption rate of such devices are increasing globally. The intraoperative neuromonitoring devices are used for the assessment of neural function and brain activity during complex surgical intervention to avoid any type of complications that causes injury to nervous system. These intraoperative neuromonitoring devices are utilized to minimize or prevent neurological morbidity from operative manipulations. The device identifies changes in the brain, spinal cord, peripheral nerve function before any damage. The intraoperative neuromonitoring devices shows electrical activity of the brain in a graphical representation during the procedures. These device include electroencephalogram, somatosensory evoked potentials, motor evoked potentials, brainstem auditory evoked potentials and visual evoked potentials. Electromyography is also used enormously during the complex surgeries. EEG records the brain electrical activity that can be visualize in the monitor during surgery, or electrocorticography is used to help in determining any resection margins for epilepsy or seizures cases to check electrical changes in the brain while mapping cortical function. All intraoperative neuromonitoring devices are used to track different neural pathways in the brain some times used together during the surgical procedures and post surgeries.

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Intraoperative Neuromonitoring Devices Market: Drivers and Restraints

Rise in ageing population, Increase in prevalence of chronic disorder and application of intraoperative neuromonitoring devices used in various complex surgical procedure will drive the growth of intraoperative neuromonitoring devices market over the forecast period. Moreover, adoption of technologically advanced devices, increase in health expenditure for R&D to manufacture innovative technologies in this sector and favorable reimbursement policies upsurge the growth of intraoperative neuromonitoring devices market over the coming years. However, lack of awareness and lack of skilled professional in developing countries will limit the market growth for intraoperative neuromonitoring devices market.

Intraoperative Neuromonitoring Devices Market: Key Players Example of some key player operating at the global level across the value chain include Intranerve, LLC., Medtronic Plc, Nihon Kohden Corporation, Natus Medical Incorporated, Computational Diagnostics, Inc, inomed Medizintechnik GmbH, Argos Neuromonitoring LP, NeuroMonitoring Technologies, Inc.,  Biotronic NeuroNetwork and Nuvasive, Inc.

The research report on intraoperative neuromonitoring devices market 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 on intraoperative neuromonitoring devices market provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on intraoperative neuromonitoring devices market:

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

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Report on intraoperative neuromonitoring devices market includes regional analysis:

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

The report on intraoperative neuromonitoring devices market 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.

Intraoperative Neuromonitoring Market: Segmentation

The intraoperative neuromonitoring market can be segmented by modality, product & services, by application, by source type, by end user and region.

Based on modality type, the global intraoperative neuromonitoring devices market is segmented as:

• Electroencephalography
• Electromyography
• Motor Evoked Potentials (MEPs)
• Subsensory Evoked Potentials
• Visual Evoked Potentials (VEPs)
• Somatosensory Evoked Potentials (SEPs)
• Brainstem Auditory Evoked potentials (SEPs)
• Transcranial Motor Evoked Potentials (TcMEPs)
• Mapping of Motor Cortex

Based on product and services type, the global intraoperative neuromonitoring devices market is segmented as:

• System
• Accessories
• Services

Based on application, the global intraoperative neuromonitoring devices market is segmented as:

• Neurosurgery
• Spinal Surgery
• Vascular Surgery
• ENT Surgery
• Orthopedic Surgery
• Other Surgeries

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Based on source type, the global intraoperative neuromonitoring devices market is segmented as:

• Insourced Monitoring
• Outsourced Monitoring

Based on end user, the global intraoperative neuromonitoring devices market is segmented as:

• Hospital
• Ambulatory Surgical Centers
• Specialty Clinics

Pericardium is a sac around the heart that protects the heart by lubrication of heart walls. Video-guided pericardial access device is medical equipment that help in the safe penetration in the pericardium space. Video-guided pericardium access device helps in proper navigation of pericardium walls during surgery in case of clinical condition known as pericardial heart disease(pericarditis). The device is connected with image -guided equipment along with a computer that helps in visualization without line of sight using video guided pericardium access device market. The devices use advanced magnetic waves that helps in proper navigation of internal pericardium spaces. It has helped the technicians in placement of devices precisely and accurately. The main advantage of Video-guided pericardium access device is cost effectiveness and target specificity., propelling the growth of the video-guided pericardial access device market. The incorporation of minimal invasive procedure using pericardial access devices systems over the traditional open-heart surgeries, is also propelling the demand of the market. Cardiac MRI can be used for diagnosis of pericarditis.

Video- Guided Pericardial Access Device Market: Drivers and Restraints

Rising prevalence of chronic pericardium disease, commonly known as pericarditis is the primary factor driving the growth of video- guided pericardial access device market. The prevalence of pericarditis is 0.2% in hospitalized patients and approximately 5% of all emergency admitted patients. Also, increase in minimal invasive procedure adoption is also a factor leading the growth of video-guided pericardial access device market. According to a survey by American Heart Association, the rising geriatric population is more sensitive to cardiac diseases, also helps to drive the growth of video-guided pericardial access device market. Also, rising awareness regarding heart health and hygiene may upsurge the demand for video- guided pericardial access device market. On the other hand, lack of healthcare infrastructure and lack of skilled personnel may deter the growth of video- guided pericardial access device market in under developing economies. Moreover, the devices may cause muscle cramps and can damage other organs lead to the decline of video-guided pericardial access device market.

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Video- guided pericardial access device Market: Key Players

Examples of some of the market participants in Video- guided pericardial access device market are GE Healthcare, Siemens Healthcare, Philips Healthcare, Shimadzu Corporation, Carestream Health, Hitachi Medical Corporation, Hologic, Ziacom medical and others.

The research report on Video- guided pericardial access device market 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 on Video- guided pericardial access device market provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on Video- guided pericardial access device market:

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

Report on Video- guided pericardial access device market includes regional analysis:

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

The report on Video- guided pericardial access device market 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.

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Video- Guided Pericardial Access Device Market: Segmentation

The global Video- guided pericardial access device market is classified on the basis of application, device, and end user.

Based on application, video- guided pericardial access device market is segmented into the following:

• Pericardial effusion
• Delayed pericarditis
• Effusive-constrictive pericarditis

Based on device type, video- guided pericardial access device market is segmented into the following:

• Video-guided thoracoscopic surgery
• Cardiac magnetic resonance imaging

Based on end user, video- guided pericardial access device market is segmented into the following:

• Hospitals
• Ambulatory Surgical Centers
• Others

Report on Video- guided pericardial access device market 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

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This Bioartificial Renal Assist Devices 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 Bioartificial Renal Assist Devices market.

The Bioartificial Renal Assist Devices are bioengineered medical devices used to support patients suffering with end stage kidney disease. Bioartificial renal assist devices are designed using advanced technology for treatment of kidney diseases. Bioartificial renal assist devices replaces the current renal replacement therapies majorly dialysis, which is expensive and confers adequate morbidity and mortality. Bioartificial renal assist device is also an exclusive alternate therapy to kidney replacements due to limited availability of kidney donors and less chances of survival after transplantation. Extracorporeal renal assist device (RAD) is an artificially designed kidney that joins hemofiltration with proximal tubule cell therapy. RADs help to mimic the endocrine and immunological functions of a healthy kidney. Bioartificial kidney are cultured in in-vitro conditions in various renal nanotechnology laboratories. These porous membranes will be helpful to discriminate between filtrate and retain solutions as normal kidney performs.

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Bioartificial Renal Assist Devices Market: Drivers and Restraints

Increasing prevalence of end stage kidney diseases across the globe is a prime factor drive the growth of bioartificial renal assist devices. According to WHO, in 2011 more than 190 million people were suffering with chronic kidney diseases and is projected to grow over the decade. The rising cases of chronic kidney diseases have shifted the doctor’s preference for more advanced, sensitive and cost-effective renal assist devices that will mimic the normal kidney function. Also, rising awareness regarding diseases related to kidney may upsurge the demand for bioartificial renal assist devices market. Moreover, the more focus of hospital facility to provide utter quality of service for end stage kidney patient may also responsible for the rapid progress of bioartificial renal assist devices market.

Bioartificial Renal Assist Devices Market: Regional Overview

North America will hold the high revenue for the bioartificial renal assist devices market, since the people are more prone to end stage kidney injuries in developed nations. Chronic kidney injuries increase with age hence, rising geriatric population will lead the bioartificial renal assist devices market by increasing the patient pool.  After North America, the Europe region will show the robust growth for the bioartificial renal assist devices market in the near future, due to availability of better hospital infrastructure in European countries. Latin America region will show the significant demand for the bioartificial renal assist devices market due to the regional government initiative towards the kidney injuries in countries like Brazil and Mexico. The Middle East and Africa are expected to be least lucrative region for bioartificial renal assist devices market due to lack of awareness about the renal health.

Bioartificial Renal Assist Devices Market: Key Players

Examples of some of the market participants in bioartificial renal assist devices market include Medical Care, Dornier Medtech, Baxter International, C.R. Bard, Asahi Kasei Corp., Jolla Pharmaceutical Company, Terumo Corporation and B Braun Group. and others. New product launch is the strategy adopted by the competitors in bioartificial renal assist devices market.

The research report on Bioartificial Renal Assist Devices market 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 on bioartificial renal assist devices market provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on Bioartificial Renal Assist Devices market:

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

Report on Bioartificial Renal Assist Devices market includes regional analysis:

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

Bioartificial Renal Assist Devices Market: Segmentation

The global Bioartificial Renal Assist Devices market is classified on the basis of application, material, and end user.

This Neurotrophins 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 Neurotrophins market.

The neurotrophins are basically neural factors that helps in the growth, survival and programmed cell death of the neurons.  Neurotrophins also regulate axon growth, cell fate decisions, dendrite pruning, and the expression of proteins that are important for basic neurological function. Neurotransmitters and various ion-channels help in the proper functionating of the neuronal factors. Neurotrophins has been widely used for treating various chronic neurological disorders like Alzheimer’s disease, Parkinson’s Disease etc. by regulating the cell death pathway. CD11b integrin have been upregulated in peripheral neutrophil. These neutrophils further help in adhesion and migration of neutrophils. These activated neutrophils help in controlling the severity of the disease. Nerve growth factor (NGF), brain-derived neurotrophic factor (BDNF), neurotrophin-3 are some of the types of neurotrophins that help in the proper functioning of neurons.

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Neurotrophins Market: Drivers and Restraints

Increasing prevalence of chronic neurological diseases is the primary factor driving the neurotrophins market.  Also, rising awareness regarding mental health may upsurge the demand for neurotrophins market. Moreover, the neurological disease increases with age, about 5-6% of people above 65 years are more susceptible towards chronic neurological diseases. Hence, rising geriatric population across the globe will drive the neurotrophic market. Additionally, the availability of funding for research and drug development to various pharmaceutical industries in developed economies will also propel the growth of neurotrophins market. On the other hand, lack of high healthcare infrastructure and may deter the growth of neurotrophins market in under developing economies. Neurotrophins works by slowing cell death which can lead to disease onset or clinical decline.

Neurotrophins Market: Regional Overview

North America will show the high revenue for the neurotrophins market, since the prevalence of chronic neurological disease is more and also the people are more concern about the and brain health. After North America, the Europe region will show the robust growth for the neurotrophins market in the near future, due to availability of better hospital infrastructure and due to regional government initiatives. In Asian countries like China, the rate of the neural disease is high due to the lifestyle pattern, this may show the additional demand for the neurotrophins to treat neurological diseases. The Middle East and Africa are expected to be least lucrative region for neurotrophins market due to lack of awareness about the brain health.

Neurotrophins Market: Key Players

Examples of some of the market participants in Neurotrophins market include Janssen Biotech, Inc.,  Johnson & Johnson, Lonza Groups, FibroGen, Inc., Scil Proteins GmbH, Merck Serono, Scil Proteins GmbH, PeproTech, Inc., GE Healthcare and  others. Prodcut launch is the major strategy followed by the manufacturers to compete in the neurotrophin market. The U.S. Food and Drug Administration on August 2018, approved first drug, Oxervate, for the treatment of neurotrophic keratitis, a rare disease which mainly affects the cornea.

The research report on neurotrophins market 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 on Neurotrophins market provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on Neurotrophins market:

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

Report on Neurotrophins market includes regional analysis:

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

Neurotrophins Market: Segmentation

The global neurotrophins market is classified on the basis of product type, application, and end user.

This Beta-Hydroxybutyrate Testing Analysis 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 Beta-Hydroxybutyrate Testing Analysis market.

Beta-Hydroxybutyrate Testing: Market Insights

Beta-hydroxybutyrate (BHB) is one amongst the three sources of ketone bodies present in human. It has relatively high proportion in blood (78%) in comparison to other two ketone bodies – acetoacetate (20%) and acetone (2%). Detection of ketosis is important in several clinical conditions as it is the most primary settings to determine  in diabetics. Beta-hydroxybutyrate demonstrates excellent stability making it one of the most reliable indicator for clinically relevant ketosis and ketoacidosis

Beta-Hydroxybutyrate Testing: Market Dynamics

Alcohol biomarkers such as Beta-Hydroxybutyrate have the potential to be indicators for chronic and acute alcohol consumption and can be detected in the body long after the elimination of ethanol. Increase in prevalence of chronic disease such as diabetes can significantly increase the demand for β-Hydroxybutyrate testing to detect meant for ketosis and ketoacidosis. During prolonged illness, it is one of the ketone bodies and also considered as one of the potential biomarker for alcoholic ketoacidosis. The market of Beta-Hydroxybutyrate is also anticipated to be driven due to some of the complications associated with prolonged ketosis such as organ failure, diabetes, alcohol intoxication, corticosteroid or growth hormone insufficiency. Besides some of the remarkable characteristics of β-Hydroxybutyrate include, easy & reliable detection of clinically significant ketosis, improved turn-around times.

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Beta-Hydroxybutyrate Testing Market: Region-wise Outlook

In terms of regional revenue share, North America is anticipated to be leading region in Beta-Hydroxybutyrate testing market. Europe promises to be the second largest market in global Beta-Hydroxybutyrate testing market. It is anticipated due to increase of cardiovascular diseases including diabetes and will increase the usage of Beta-Hydroxybutyrate testing across the globe. Besides, growing awareness in patient healthcare and regular check of body’s various fluids such as blood and serum is expected to drive the market for Beta-Hydroxybutyrate testing in these region. However, in some of the growing economies of East Asia, South Asia and Latin America, due to low cost of Beta-Hydroxybutyrate products, they are being increasingly used. For instance, it has been reported that Beta-Hydroxybutyrate testing market for countries such as China and India is anticipated to grow at a highest CAGR during the forecast period due to high prevalence of cardiovascular diseases and growing alcohol consumption. However, lack of awareness on Beta-Hydroxybutyrate testing in some regions of Africa and Middle East may affect the market growth in the forecast period.

Beta-Hydroxybutyrate Testing Market: Key Players

This comprehensive market research report on Beta-Hydroxybutyrate provides key insights on market players and includes strategies to follow and sustain the competitive environment of the Beta-Hydroxybutyrate testing market. The report also offers information on various market consolidation activities of these players and also provide innovative solutions. Some of the key and major players operating in global Beta-Hydroxybutyrate Testing market include EKF Diagnostics, Abcam plc, Merck KGaA, Randox Laboratories Ltd, Cayman Chemical, Quest Diagnostics, AAT Bioquest, Inc, Abnova Corporation, AAT Bioquest, Inc, BioAssay Systems and many more.  In addition presence of small and local manufacturers across the countries will account for competiveness in Beta-Hydroxybutyrate Testing Market.

The report covers exhaustive analysis on:

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

The regional analysis includes:

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

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Beta-Hydroxybutyrate Testing Market: Segmentation

Segmentation by Product Type:

• Meter Sensor Systems
• Kits
• Test Strips

Segmentation by Test Type:

• Urine Ketones
• Blood Glucose Levels

Segmentation by Indication:

• Alcoholic Ketoacidosis
• Diabetic Ketoacidosis

Segmentation by Sample Type:

• Whole Blood
• Serum
• Plasma
• Tissue Extracts
• Cell Culture Supernatant
• Other Biological Fluids

Segmentation by End User Type:

• Hospitals
• Clinics
• Diagnostic Laboratories
• Home Care Settings

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[223 Pages Report] In the report published by Future Market Insights titled “Disposable Negative Pressure Wound Therapy Devices Market: Global Industry Analysis (2017 – 2021) and Opportunity Assessment (2022 – 2028)”, it has been stated that the development around the globe in the last couple of years reflected certain complexities and fissures related to the political environment across many countries.

As protectionists are threatening to penetrate the notions of free-trade, globalization is likely to face its most difficult test ever. The threat of populist policies disrupting the decades-old trade agreements have grown bigger as the social and cultural rift between the bourgeoisie and proletariat is deepening with time.

While the preceding decades were marked by unison and formation of economic blocks, disintegration has been the story of the recent past. Although the business climate is far from favorable for organizations who have interest in multiple countries, the prevailing encounters have also obligated that corporate social responsibility becomes more than just a formality and companies actually demonstrate that they contribute to the societies they operate in.

There is a dire need for companies to participate in discussions and debates that will eventually lead to policy formulations. Owing to these circumstances the global disposable negative pressure wound therapy devices market is anticipated to witness a CAGR of 10.6% over the forecast period of 2022 and 2028.

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Cost Control Measures and Rising Healthcare Expenditure to Bode Well for the Market

The adoption rate of disposable NPWT devices is rising in developed nations such as the U.K., Germany, and the U.S., due to the obligation of healthcare burden across these countries owing to the growing prevalence of chronic wounds. According to an article on Wound Practice and Research, the healthcare expenditure for chronic wounds of 6.5 Mn patients accounts for over US$ 25 Bn per year in the U.S. Other research studies have also indicated that among chronic wounds, venous insufficiency ulcers constitute approximately 50% of the chronic leg ulcers. These wounds result due to venous etiology.

Annual prevalence of venous insufficiency ulcers in those aged 65 and above has been estimated to be near to 2 in every 100 persons per year. Prevalence of pressure ulcers varies between 0.31% and 0.70% per year in the United States.  Such cases are likely to boost the demand for disposable NPWT in the years to come.

Moreover, the growing focus on the expenditure pertaining to healthcare across developed as well as developing nations is expected to drive the adoption high quality patient care treatment options across the globe. This has also led to the rise in the per capita healthcare expenditure owing to the rising disposable income of people across the globe. This, is further expected to fuel the demand for wound care therapy and also increase the adoption of disposable NPWT devices in the course of the forecast period.

North America to Lead Among All Regions

North America is expected to stay on the vanguard during the forecast period in the global disposable NPWT devices market with a share of 51.1% in the overall market. The U.S. is expected to emerge as the most lucrative nation in North America closely trailed by Western Europe and Asia Pacific excluding Japan. Based on product type, the market has been bifurcated into disposable NPWT with canister and disposable NPWT without canister. On the basis of end user, the market has been segmented into hospitals, clinics, and homecare settings.

Market Players to Concentrate on Product Differentiation

The top players in the market are focusing on product differentiation and expansion of consumer base in order to retain their position in the market. The leading players accounted for over 77% of the global market share in 2016. The players are Acelity (Kinetic Concepts, Inc.), Cardinal Health Inc., Smith and Nephew PLC., ConvaTec Inc., and Medela.

[275 Pages Report] According to the latest market report published by Future Market Insights, titled ‘Veterinary Molecular Diagnostics Market: Global Industry Analysis (2013-2021) and Forecast (2022-2026)’, the global veterinary molecular diagnostics market is expected to expand at a CAGR of 7.6% during the forecast period 2022–2028.

The market is segmented based on product type, disease type, species type, end-user, and region. On the basis of product type, the market has been segmented into four segments such as PCR kits, INAAT kits, microarray kits, DNA sequencing kits.

PCR kits segment is expected to be the fastest-growing segment over the forecast period, registering a significant CAGR of 7.8% in terms of revenue, over the forecast period. The increasing demand for advanced veterinary molecular diagnostic kits, such as RT-PCR kits, DNA sequencing kits, and microarray-based diagnostic kits owing to the growing number of diagnostic procedures in livestock and companion animals worldwide is expected to boost the growth of the veterinary molecular diagnostics market over the forecast period.

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The PCR kits segment dominates the market with a market value of US$ 63.4 Mn in 2017. Also, the segment is expected to maintain its dominance over the forecast period with a market value of US$ 124.0 by 2026 end and expands at a significant CAGR.

On the basis of disease type, the market has been segmented into Anaplasma spp., Ehrlichia spp., New Castle Disease, Influenza, Porcine Reproductive & Respiratory Syndrome (PRRS), and others.

Based on species type, the market has been segmented into livestock animals including Aquatic, Bovine, Porcine, Ovine, Poultry, and Equine.

On the basis of end-user, the market has been segmented into veterinary hospitals, clinical laboratories, and veterinary research institutes.

On the basis of region, the market has been segmented into North America, Latin America, Europe, the Asia Pacific Excluding China (APEC), China, and the Middle East and Africa (MEA).

Increasing set up of new production facilities by the key manufacturers in growing economies coupled with increasing adoption of molecular diagnostic techniques in animals is anticipated to boost the production for molecular diagnostic kits and drives the growth of the veterinary molecular diagnostics market over a forecast period.

The increasing prevalence of chronic disorders in animals such as influenza, new castle disease, and diabetes coupled with the high prevalence of infectious diseases is further anticipated to fuel the demand for the veterinary molecular diagnostics market. Increasing preference for molecular diagnosis on the account of their high specificity and efficacy in diagnosing chronic diseases in animals and the presence of a strong distribution channel is further anticipated to drive the growth of the veterinary molecular diagnostics market over the forecast period. Rising adoption of pets, increasing financial grants for innovation in veterinary diagnostics, fast FDA approvals for reagents used in animal molecular diagnostics, and increased consumer spending on veterinary care is also expected to drive the market revenue growth over the forecast period.

Increasing spending on pet care in developing economies such as Japan and India in the APEC region is anticipated to have a positive impact on the veterinary molecular diagnostics market in the APEC region. However, the increasing demand for advanced veterinary molecular diagnostic kits, such as RT-PCR kits, DNA sequencing kits, and microarray-based diagnostic kits owing to the growing number of diagnostic procedures in livestock and companion animals is further anticipated to drive the growth of the veterinary molecular diagnostics market in North America and Europe over the forecast period.

However, gaps in epidemiological knowledge of certain virulent veterinary diseases, high costs associated with veterinary molecular diagnosis and stringent regulatory approval process for novel molecular diagnostic kits resulting into product delays, may hamper the demand for veterinary molecular diagnostic kits and restrain the growth of veterinary molecular diagnostics market over forecast period. Also, the improper veterinary care research infrastructure in the emerging economies, limited reimbursement policies and Visa restrictions strangling vet practices coupled with shortage of veterinary doctors and colleges are some other factors anticipated to hinder the growth of the global veterinary molecular diagnostics market.

This report assesses trends driving the growth of segmental markets and offers analysis and insights into the regional veterinary molecular diagnostics market. North America is estimated to dominate the veterinary molecular diagnostics market with a maximum value share by the end of 2017. By 2026, North America and Europe markets cumulatively are expected to account for over 67.8% revenue share of the global veterinary molecular diagnostics market by the end of 2026.

Some key companies covered in this report include bioMérieux SA, IDEXX Laboratories, Inc., Thermo Fisher Scientific Inc., Qiagen N.V., Neogen Corporation, ID.Vet, INDICAL BIOSCIENCE GmbH, and Veterinary Molecular Diagnostics, Inc. These leading players focus to consolidate their position in the global veterinary molecular diagnostics market by actively participating in activities such as partnerships, mergers, acquisitions and collaborations. Companies focus on extending their product line and expansion of production capacities to meet the growing demands for veterinary molecular diagnostics kits worldwide.

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The global veterinary molecular diagnostics market is segmented as follows:

By Product Type

• PCR kits
• INAAT kits
• Microarray kits
• DNA sequencing kits

By Disease Type

• Anaplasma spp.
• Ehrlichia spp.
• New Castle Disease
• Influenza
• Porcine Reproductive & Respiratory Syndrome (PRRS)
• Others

By Species

• Livestock Animals
  • Aquatic
  • Bovine
  • Porcine
  • Ovine
  • Poultry
  • Equine
• Companion Animals
  • Canine
  • Feline
  • Avian

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By End User

• Veterinary Hospitals
• Clinical Laboratories
• Veterinary Research Institutes

By Region

• North America
• Latin America
• Europe
• Asia Pacific Excluding China (APEC)
• China
• Middle East & Africa (MEA)

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