Global Neurosurgery Surgical Power Tools Market Set for Substantial Growth, Projected to Exceed USD 1.99 Billion by 2032 at a steady CAGR of 4.5%

The global neurosurgery surgical power tools market is on track for significant growth, with projections indicating that it will surpass USD 1.99 billion by 2032, advancing at a steady Compound Annual Growth Rate (CAGR) of 4.5%. This robust market expansion is poised to transform the landscape of neurosurgical practices, presenting new opportunities for manufacturers, healthcare providers, and investors alike.

Neurosurgery surgical power tools are vital components of modern healthcare, equipping neurosurgeons with the precision and efficiency required to perform complex surgeries involving the brain and nervous system. These tools are critical in enhancing patient outcomes by enabling surgeons to carry out intricate procedures with greater accuracy and reduced risk.

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Key Drivers of Market Growth:

Several factors are contributing to the steady growth of the neurosurgery surgical power tools market, with technological innovation playing a central role. Advances in medical technology have revolutionized the capabilities of neurosurgeons, facilitating the successful completion of complex procedures that were once considered difficult or high-risk. As a result, the market for these tools continues to expand, driven by the increasing demand for more effective, precision-oriented equipment in neurosurgery.

Furthermore, as the demand for superior healthcare solutions continues to rise globally, manufacturers are focusing on the development of specialized, high-performance tools designed to meet the evolving needs of modern neurosurgical procedures. Research and development investments are accelerating, contributing to the market’s expansion and ensuring that cutting-edge tools remain at the forefront of surgical care.

Key Components of the Neurosurgery Surgical Power Tools Market

  • Surgical Drills: High-speed drills are used to create precise holes in the skull or vertebrae, critical for procedures like craniotomies and spinal surgeries.
  • Surgical Saws: These tools are designed for cutting bone during surgeries such as laminectomies and tumor resections.
  • Ultrasonic Aspirators: Using ultrasonic energy, these devices break down and remove tissue during delicate procedures, particularly in brain tumor resections.
  • Neuroendoscopes: Minimally invasive neuroendoscopic procedures utilize tiny cameras and specialized instruments to access and treat brain or spinal cord conditions.
  • Electrocautery Devices: These devices leverage electrical currents to control bleeding, coagulate blood vessels, and cut tissue during operations.
  • Microsurgical Instruments: Precision instruments like forceps, scissors, and dissectors enable neurosurgeons to work on intricate structures with unparalleled accuracy.
  • Cranial Stabilization Devices: These devices provide critical support, ensuring the patient’s head remains stable during neurosurgical procedures.

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Opportunities Ahead:

The market’s promising future presents numerous opportunities for key players in the healthcare industry. As technology evolves, the neurosurgery surgical power tools market is expected to rise to meet the growing demands of the healthcare sector. The innovation in power tools will not only improve the precision and safety of neurosurgical procedures but will also contribute to better patient outcomes.

With such positive projections, the market is set to become a hub of activity for manufacturers and investors looking to innovate and expand. The future of neurosurgery is bright, with advanced tools playing a crucial role in revolutionizing the field and providing patients with the highest standard of care.

Competitive Landscape:

Some of the key players featured in the neurosurgery surgical power tools market report are

  • Stryker Corporation,
  • ADEOR MEDICAL AG
  • AYGUN CO., INC
  • B. Braun Melsungen AG
  • De Soutter Medical
  • Johnson & Johnson Services, Inc.
  • ACRA-CUT Inc.
  • KARL STORZ SE & Co. KG
  • Medtronic plc

Segmentation:

The neurosurgery surgical power tools report offers a comprehensive taxonomy of neurosurgery surgical power tools market based on product type, end user and region.

  • The neurosurgery surgical power tools are used for various procedures such as skull-based surgeries, craniotomies, etc.
  • The major end users of neurosurgery surgical power tools market are hospitals and neurosurgical centers. Based on product type, the global neurosurgery surgical power tools market is segmented into pneumatic neurosurgical drills and electrical neurosurgical drills.
  • The neurosurgery surgical power tools market has been analyzed across regions of North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA).

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global Prothrombin Complex Concentrates Market Set for Significant Growth, Projected to Reach USD 1.2 Billion by 2033 a steady CAGR of 4.1%

The global prothrombin complex concentrates market is on a strong upward trajectory, with projections indicating substantial growth in the coming decade. According to a recent report by Future Market Insights (FMI), the market is expected to reach a value of USD 772.0 million in 2023 and is set to surge to USD 1.2 billion by 2033. This impressive growth reflects a compound annual growth rate (CAGR) of 4.1%, showcasing a promising future for PCCs in the healthcare sector.

Driving this expansion are key global markets, including the United States, the United Kingdom, China, and India. These regions are anticipated to be pivotal in the growth of the market, where rising demand for effective bleeding management treatments and advancements in healthcare infrastructure contribute significantly to the market’s upward momentum.

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Prothrombin complex concentrates play a critical role in the treatment of bleeding disorders, such as hemophilia and vitamin K deficiencies, by providing an essential source of clotting factors. As healthcare systems continue to prioritize effective and efficient therapies for patients with coagulation disorders, the market for PCCs is expected to experience sustained demand and innovation.

Key Takeaways:

  • The global prothrombin complex concentrates market is expected to grow significantly due to an increase in the prevalence of bleeding disorders and a rise in the number of surgical procedures.
  • North America is the largest prothrombin complex concentrates market due to the high prevalence of bleeding disorders and favorable government regulations.
  • There is a growing focus on patient safety, with many companies aiming to create safer and more efficient prothrombin complex concentrates
  • Personalized medicine is a growing trend in the prothrombin complex concentrates market, with companies developing tailored products to address individual patient needs.
  • The emergence of novel delivery methods, such as subcutaneous and intranasal delivery systems, is offering increased convenience to patients.
  • The market is highly competitive, with key players investing in R&D and strategic partnerships to gain a competitive edge.

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Here are some key trends likely to influence the future outlook of the Prothrombin Complex Concentrates (PCC) market:

Rising Demand:

  • Growing geriatric population: As the population ages, the incidence of bleeding disorders and surgeries requiring PCCs is expected to rise.
  • Increasing awareness of hemophilia and other bleeding disorders: Improved diagnosis and treatment awareness will likely lead to a higher demand for PCCs.

Technological Advancements:

  • Development of recombinant PCCs: Recombinant DNA technology offers a more consistent and potentially safer alternative to plasma-derived PCCs.
  • Personalized medicine: Tailoring PCC therapy to individual patient needs and genetic variations could improve efficacy and reduce side effects.

Competition Analysis:

  • Shire
  • Octapharma AG
  • Takeda Pharmaceutical Company Limited
  • Sanquin Blood Supply Foundation
  • CSL Behring GmbH
  • Kedrion Biopharma Inc.
  • Grifols, S.A.

Key Segments:

Distribution Channel:

  • Compound Pharmacies
  • Retail Pharmacies
  • Hospital Pharmacies

Region:

  • North America
  • Latin America
  • Europe
  • APEJ
  • Middle East & Africa (MEA)

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global Frontotemporal Disorders Treatment Market Poised for Growth, Reaching USD 451.4 Million by 2028 at a CAGR of 4.6%

The global market for frontotemporal disorders treatment, valued at USD 343.8 million in 2022, is projected to experience steady year-on-year growth, with an anticipated Compound Annual Growth Rate (CAGR) of 4.6%, reaching USD 451.4 million by 2028, according to a recent market analysis.

FTD encompasses a range of neurodegenerative conditions that primarily affect behavior, language, and motor skills. As the global population continues to age and healthcare expenditures rise, the prevalence of these disorders has become an increasing challenge. While there is growing awareness and demand for effective treatments, the market faces significant obstacles due to the lack of approved disease-modifying drugs.

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Despite these challenges, the market is poised for significant growth, fueled by ongoing research and potential breakthroughs. The lack of therapies that target the underlying causes of FTD continues to contribute to market fluctuations, highlighting the urgent need for innovative solutions.

The report emphasizes the importance of collaborative efforts between pharmaceutical companies, research institutions, and regulatory bodies to expedite the development and approval of new treatments. Advancements in clinical trials provide hope for the future, with potential therapies offering a promising outlook for individuals suffering from these debilitating conditions.

As the healthcare sector accelerates efforts to address this unmet need, the frontotemporal disorders treatment market is expected to see considerable progress, making it a key area of focus for pharmaceutical and healthcare professionals in the coming years.

Key Takeaways: Frontotemporal Disorders Treatment Market

  • The global frontotemporal disorders treatment market was valued at around USD 343.8 million in 2022 and is expected to reach USD 451.4 million by 2028, with a CAGR of 4.6%.
  • Considered a rare disease (orphan indication), affecting 30,000-40,000 patients in the U.S. qualifies for benefits under the Orphan Drug Act.
  • Expedited clinical trials, commercial incentives, and reduced regulatory fees for FTD therapies.
  • Driven by advanced healthcare facilities, strong buying power, and a growing patient population.
  • Projected to be the fastest-growing regional market due to rising disposable income, an aging population, and increasing FTD prevalence.

“The frontotemporal disorders treatment market continues to evolve, driven by demographic shifts and increasing healthcare expenditures,” said a representative from FMI, a leading market research firm. “However, the persistent absence of effective disease-modifying treatments approved by regulatory bodies remains a critical obstacle.”

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Competitive Landscape:

In the vast and complex global market for treating frontotemporal disorders, nearly 70% of companies focus on offering generic drugs. This market is characterized by the presence of numerous international, multinational, and regional players, and it’s currently experiencing a surge in strategic partnerships, such as acquisitions, collaborations, and alliances.

For instance, AstraZeneca Plc recently finalized an agreement with Luye Pharma Group, Ltd. concerning the licensing and distribution of Seroquel and Seroquel XR in China, the U.K., and several other international markets. While primarily indicated for other conditions, these drugs are sometimes utilized to manage behavioral symptoms associated with frontotemporal disorders.Top of Form

Key Companies Profiled:

  • Pfizer Inc.
  • Johnson & Johnson
  • Sanofi S.A.
  • Eli Lilly and Company
  • GlaxoSmithKline Plc.
  • Novartis AG
  • Mylan N.V.
  • Merck & Company, Inc.
  • AstraZeneca plc.
  • Allergen plc

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Key Segments of Frontotemporal Disorders Treatment Industry Research:

By Drug Class:

  • Cognitive Enhancers
  • Antipsychotics
  • Antidepressants
  • CNS Stimulants
  • Others

By Treatment:

  • Behavioral Symptoms Management
  • Psychological Symptoms Management

By Disease Indication:

  • Frontotemporal Dementia
  • Primary Progressive Aphasia
  • Movement Disorders

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • Online Pharmacies

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
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Global Bronchoscopes Market to Reach USD 647.7 Million by 2028, Expanding at a CAGR of 4.4%

According to a recent report by Future Market Insights (FMI), the global bronchoscopes market is poised for significant growth, with an estimated sales value of USD 501.0 Million by the end of 2022. Over the forecast period from 2022 to 2028, the market is set to expand at a Compound Annual Growth Rate (CAGR) of 4.4%, ultimately reaching USD 647.7 Million by 2028.

Bronchoscopes, a crucial medical tool for the visualization of the respiratory tract, are expected to witness growing demand due to the rising prevalence of respiratory diseases, advancements in medical technology, and increasing awareness about early diagnosis. As healthcare facilities continue to adopt more sophisticated diagnostic equipment, the market is expected to benefit from innovations in bronchoscopy devices, offering improved image quality, ease of use, and higher precision in respiratory tract examinations.

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The expansion of healthcare infrastructure, particularly in emerging economies, along with rising awareness and improved healthcare spending, will further contribute to the market’s growth. Additionally, the increasing number of bronchoscopic procedures and technological advancements such as video bronchoscopes are also expected to drive the market forward.

By 2028, the global bronchoscopes market will witness a steady surge, positioning itself as a key segment within the broader medical devices market.

Key Market Trends

  1. Technological Advancements: The global bronchoscopes market has witnessed significant technological innovations that enhance the capabilities of these devices. Digital bronchoscopy, with advanced imaging techniques such as high-definition and 3D visualization, allows healthcare providers to gain a clearer and more precise view of the patient’s airways. These advancements contribute to better diagnostic accuracy and treatment outcomes, fostering market growth.
  2. Rise in Respiratory Diseases: The prevalence of chronic respiratory conditions such as chronic obstructive pulmonary disease (COPD), lung cancer, asthma, and pulmonary infections is rising globally. The aging population, lifestyle changes, and environmental pollution are some of the primary factors contributing to the growing burden of respiratory diseases. Bronchoscopy is widely used for early detection, biopsy, and treatment, further driving the demand for bronchoscopes.
  3. Minimally Invasive Procedures: Minimally invasive bronchoscopies have gained popularity due to their shorter recovery times, reduced risks of complications, and improved patient comfort. These procedures allow physicians to perform diagnostic and therapeutic interventions through smaller incisions, using specialized equipment. The increasing preference for minimally invasive treatments is likely to contribute significantly to the growth of the bronchoscopes market.
  4. Rising Healthcare Expenditure: The increasing healthcare spending worldwide is providing significant opportunities for the bronchoscopes market. With the global healthcare landscape shifting toward better diagnostic tools and enhanced treatment options, hospitals and healthcare facilities are increasingly investing in advanced medical devices, including bronchoscopes. This trend is expected to continue as healthcare providers strive to improve the quality of care they offer to patients.

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Market Insights & Opportunities

  1. Growing Demand in Emerging Markets: Emerging markets, especially in Asia-Pacific and Latin America, are witnessing rapid growth in the healthcare sector. Improved healthcare infrastructure, increasing awareness of respiratory diseases, and the expansion of diagnostic services are driving the demand for bronchoscopes in these regions. As the middle class grows and disposable income rises, more individuals are seeking quality healthcare, which will further boost the market.
  2. Increase in Pulmonology Procedures: The growing number of pulmonology-related procedures, such as endobronchial ultrasound (EBUS) and video-assisted thoracoscopic surgery (VATS), is likely to fuel the demand for advanced bronchoscopes. These procedures allow doctors to diagnose and treat lung conditions with precision, improving clinical outcomes for patients.
  3. Favorable Government Initiatives: Many countries are focusing on improving healthcare access, particularly in the area of respiratory diseases. Government initiatives to reduce the burden of chronic lung conditions, such as lung cancer and asthma, are contributing to the adoption of bronchoscopes in healthcare facilities. Programs that subsidize medical devices are also enhancing the accessibility of bronchoscopes, especially in developing regions.

Challenges in the Bronchoscopes Market

Despite the promising growth prospects, the bronchoscopes market faces some challenges. The high cost of advanced bronchoscopes, coupled with the need for skilled healthcare professionals to operate these devices, may restrict their adoption in some low-income regions. Furthermore, concerns related to the risk of infection associated with bronchoscopy procedures may limit the widespread use of these devices, particularly in outpatient settings.

Country-wise Insights into the Bronchoscopes Market Growth – Trends & Industry Insights (2022-2028)

North America:

North America dominates the bronchoscopes market, primarily driven by the presence of advanced healthcare infrastructure, high healthcare expenditure, and rising incidences of respiratory diseases. The U.S. remains the largest contributor to this market due to ongoing technological innovations in bronchoscopic procedures.

Europe:

In Europe, countries like Germany and the UK are seeing significant growth in the bronchoscopes market. Increased focus on minimally invasive procedures and the growing elderly population are key drivers. Additionally, healthcare reforms are making bronchoscopy services more accessible.

Asia-Pacific:

The Asia-Pacific region is expected to witness the fastest growth, with countries like China and India leading the way. Rising healthcare awareness, improved healthcare infrastructure, and an increase in respiratory disorders are fueling demand for bronchoscopes in this region.

Latin America & Middle East & Africa:

The markets in Latin America and the Middle East & Africa are also expanding, albeit at a slower pace. Improvements in healthcare infrastructure and a rising number of respiratory conditions are contributing to market growth.

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Competitive Landscape of the Bronchoscopes Market

Leading manufacturers in the bronchoscopes market are focusing on securing regulatory approvals, expanding into new regions, and forging partnerships with key industry players to enhance their product offerings and global market presence.

  • In September 2021, Ambu A/S received European regulatory clearance, obtaining the CE mark for their combined product, the Ambu® aScope™ 4 Broncho Sampler Set. This innovative solution integrates a single-use bronchoscope with a specimen sampling system, designed to efficiently perform bronchial wash (BL) and Bronchoalveolar Lavage (BAL) procedures, while improving safety, workflow, and overall performance.

Key Companies Profiled:

Olympus Corporation; Fujifilm Holdings Corporation; Teleflex Incorporated; Karl Storz GmbH & Co KG; Richard Wolf GmbH; Hoya Corporation (Pentax medical); Ambu A/S; Shanghai AoHua Photoelectricity Endoscope Co. Ltd.; Rochling Group

Bronchoscopes Market, By Category

Product:

  • Non-Video Bronchoscopes
  • Video Bronchoscopes

Modality:

  • Rigid Bronchoscopes
  • Flexible Fiber Bronchoscopes
  • Mobile Bronchoscopes

End User:

  • Hospitals
  • Outpatient Centers

Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
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Global Surgical Generators Market Set for Significant Growth, Projected to Surpass USD 713.8 Million by 2033 | FMI

The global surgical generators market is poised for substantial growth, with projections indicating a robust CAGR of 4%, climbing from USD 483.8 million in 2023 to exceed USD 713.8 million by 2033. This market expansion is driven by the increasing adoption of advanced electrosurgical technologies aimed at enhancing patient outcomes and surgical precision.

At the forefront of this dynamic landscape is FMI, a leading innovator in electrosurgical technology. Renowned for their state-of-the-art electrosurgical generators, FMI continues to set new industry standards in both safety and performance. Their generators boast cutting-edge features such as separated output and independent activation of accessories, along with the revolutionary Valleylab REM contact quality monitoring system.

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The Valleylab REM system stands out as a critical advancement, significantly minimizing the risk of burns beneath the patient return electrode—a major concern in patient safety. By monitoring contact quality, the system ensures a safer surgical environment, providing peace of mind for both surgeons and patients.

FMI’s dedication to pioneering solutions that address the evolving needs of healthcare professionals worldwide continues to elevate standards in the field of electrosurgical technology. Through their cutting-edge innovations, FMI is empowering healthcare providers globally, driving advancements in the safety and efficiency of surgical procedures.

Key Takeaways:

  • During the forecast period, the U.S. is expected to account for a significant share of the global surgical generators market. This is attributed to the widespread use of ultrasonic electrosurgical instruments, the fast-growing senior population, and a rise in the incidence of chronic conditions are all contributing factors.
  • The surgical generators market in Asia Pacific is predicted to hold a major share, particularly in China, during the projected period. This is owing to Chinese key firms creating a whole-process quality control system spanning procurement, production, sales, and after-sales to insure product quality, and have passed the ISO 9001&ISO13485 quality systems.
  • Owing to the use of these generators in surgical operations for cancer therapy becoming more common, the “argon plasma coagulation generators” product type is expected to hold the greatest revenue, through the forecast period.
  • As investments in the development and expansion of healthcare infrastructure are increasing, the “hospitals” end user type, accounts for a significant share and is the most lucrative area for key players.

“Our commitment to innovation is reshaping surgical procedures worldwide,” said a FMI. “By integrating advanced technologies like the Valleylab REM system, we mitigate risks and enhance surgical outcomes, underscoring our leadership in the field.”

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Competitive Landscape:

To boost the brand and sales, industry participants participate in a slew of scheduled product releases and worldwide growth. They are also increasing their footprint across multiple geographies and entering new markets, particularly in emerging nations, in order to broaden their consumer base and enhance their position. Market participants are also introducing new inventive goods into the market as a result of the growing incidences of neurological and chronic ailments worldwide. These factors are anticipated to expand the global surgical generator market size. The following companies are key leaders in the global market for surgical generators:

  • Medtronic
  • Ethicon
  • Braun Melsungen
  • Olympus Corporation
  • CONMED Corporation
  • Bovie Medical Corporation
  • Boston Scientific Corporation
  • ERBE Elektromedizin GmbH
  • Bowa
  • Soring
  • CooperSurgical
  • KLS Martin

Recent Developments:

  • In September 2021, The POWERSEAL 5mm Curved Jaw Tissue Sealer and Divider from Olympus Corporation meet the highest clinical performance criteria for advanced bipolar surgical energy devices by offering constant sealing dependability in an ergonomic, versatile design that enhances procedural efficiency.
  • In 2019, PENTAX Medical unveiled new electrosurgical and argon plasma coagulation (APC) technologies that include a variety of safety measures and optimizing options.

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Key Segments Profiled in the Surgical Generators Market Survey:

By Product:

  • Electrosurgical RF Generators
  • Electrocautery Generators
  • Ultrasonic Generators
  • Argon Plasma Coagulation Generators

By End Users:

  • Hospitals
  • Ambulatory Surgery Center
  • Specialty Clinics
  • Trauma Center

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • Middle East and Africa (MEA)
  • Europe

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Hypoparathyroidism Treatment Market Set for Remarkable Growth, Projected to Reach USD 1,767.4 Million by 2033 at a CAGR of 7.7%

The global hypoparathyroidism treatment market is on the cusp of notable growth, according to a comprehensive analysis conducted by Future Market Insights. In 2022, the market was valued at USD 777.4 million, and it is expected to reach USD 841.9 million by the end of 2023. Over the forecast period from 2023 to 2033, the market is projected to grow at a steady Compound Annual Growth Rate (CAGR) of 7.7%, culminating in an impressive market value of USD 1,767.4 million by 2033.

Hypoparathyroidism, a rare endocrine disorder characterized by insufficient levels of parathyroid hormone, continues to drive the demand for advanced treatment solutions. The steady expansion of this market highlights the growing focus on developing innovative therapeutic interventions to meet the unmet medical needs of patients suffering from this debilitating condition.

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Key market players are well-positioned to seize emerging opportunities driven by technological advancements and increased investment in healthcare infrastructure. The analysis also points to a rising interest in personalized medicine and biopharmaceutical innovations that aim to enhance patient outcomes in hypoparathyroidism treatment.

As the hypoparathyroidism treatment landscape evolves, healthcare stakeholders are expected to continue investing in cutting-edge therapies, offering hope for improved quality of life for patients globally.

Key Takeaways:

  • Over the next several decades, the Indian market is expected to grow at an 8.6% CAGR.
  • By 2033, the worldwide market is expected to be worth USD 1767.4 million.
  • The United States has emerged as the dominant market, accounting for more than 37.7% of overall demand in 2022.
  • Over the next several decades, the Chinese market is expected to grow at a CAGR of 7.9%.
  • In 2022, the calcium supplements category accounted for 38.29% of market revenue.

Commenting on the projected market growth, a Future Market Insights stated, “The anticipated expansion of the hypoparathyroidism treatment market reflects an urgent need for novel therapies tailored to the challenges faced by patients. As healthcare providers and pharmaceutical companies ramp up research and development efforts, we foresee a dynamic market environment that will foster significant advancements in treatment options.”

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Competitive Landscape:

  • Amolyt Pharma revealed an oral presentation at the 25th European Congress of Endocrinology (ECE) 2023 in May 2023. The presentation highlights the potential benefits of eneboparatide as a treatment for hypoparathyroidism, an illness in which numerous individuals have or are at risk of developing osteopenia and osteoporosis.
  • In November 2022, the Food and Drug Administration (FDA) authorized for Priority Assessment a new drug application (NDA) for TransConTM PTH (palopegteriparatide) in adults with hypoparathyroidism.

Key Companies Profiled:

  • Takeda Pharmaceutical Company Limited.
  • Entera Bio Ltd.; Amgen Inc.
  • Ascendis Pharma A/S
  • F. Hoffmann-La Roche Ltd
  • ProLynx, Inc.
  • Extend Biosciences, Inc.
  • BionPharma Inc.
  • Teva Pharmaceuticals Ltd.

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Hypoparathyroidism Treatment Market Segmentation:

By Product Type:

  • Parathyroid Hormone
    • Natpara
    • Others
  • Vitamin D Analogue
    • Vitamin D2
    • Vitamin D3
  • Calcium Supplements

By Route of Administration:

  • Oral
  • Parenteral

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Sales

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Airway Management Devices Market Set to Reach USD 2.2 Billion by 2033 record a 3.6% CAGR | FMI

According to a recent report by Future Market Insights (FMI), the global airway management devices market is projected to experience significant growth, reaching USD 2.2 billion by 2033, up from USD 1.6 billion in 2023. This growth is attributed to a compound annual growth rate (CAGR) of 3.6% over the forecast period, signaling a promising future for the sector. With a market value of USD 1.5 billion in 2022, the industry is expected to witness an absolute dollar growth of USD 668.5 million.

Key drivers behind this growth include the escalating global prevalence of respiratory disorders. The World Health Organization (WHO) reports that approximately 65 million people suffer from moderate-to-severe Chronic Obstructive Pulmonary Disease (COPD), the third leading cause of death globally. This increase in respiratory conditions has significantly heightened the demand for effective airway management solutions.

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In addition, the rising number of surgical procedures requiring anesthesia is further fueling market demand. Airway management devices are crucial in both emergency and long-term care settings, spanning all age groups—from pediatric to adult patients. These devices are vital in improving patient outcomes, particularly in critical care environments.

Geographically, North America and Europe are expected to maintain dominance due to their strong healthcare infrastructure and high healthcare spending. However, the Asia-Pacific region is anticipated to witness rapid market growth, fueled by improved healthcare access and growing awareness of respiratory health.

This optimistic market outlook presents a wealth of opportunities for innovation and investment in airway management devices, as the sector evolves to address the global challenges posed by respiratory health issues.

Key Takeaways:

  • The market is estimated to drive due to increased demand for emergency and intensive care.
  • The rise in the prevalence of respiratory diseases is likely to drive the growth of the market for airway management devices.
  • The airway management devices market is expected to be worth USD 1.6 billion in 2023.
  • Airway management devices market is forecasted to register a 3.6% CAGR from 2023 to 2033.
  • North America is likely to dominate the market for airway management devices market.

“We anticipate continued growth in the airway management devices market as healthcare providers seek innovative solutions to meet the rising demand for respiratory care,” said an FMI. “Our analysis indicates substantial opportunities for market players to develop and introduce advanced technologies aimed at enhancing patient outcomes.”

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Competitive Landscape:

A small number of major players, who hold the majority of the market share, dominates the global airway management devices market. Prominent participants in this market include:

Recent Developments:

  • Verathon Inc. introduced the GlideScope Core 15 airway visualisation system in January 2020, which employs a 15-inch high-definition touchscreen monitor to provide improved visibility.
  • In January 2020, Smiths Medical, Inc. announced the expansion of its Portex Tracheostomy Tubes and Kits line by releasing a PVC-based tracheostomy tube range. The portfolio includes BLUperc, BLUselect tracheostomy tubes, and BLUgriggs percutaneous tracheostomy kits and trays.
  • Olympus Corporation, a global technology leader in inventing and delivering new solutions for surgical and medical procedures, among other core activities, announced the release of two video rhino-laryngoscopes in September 2019. It is proposed that the ENF-VH2/V4 be specially constructed for laryngological tests.
  • In September 2018, Royal Philips announced the development of a resuscitation device in conjunction with the Consortium for Affordable Medical Technologies (CAMTech) to aid in the reduction of infant mortality.
  • In January 2019, Oventus Medical, a medical device business, unveiled O2 Vent Optima, a new product. It is used to treat obstructive sleep apnea. It is based on the airway technology developed by Oventus Medical. It keeps the airway from contracting and allows for unrestricted airflow from the tongue, soft palate, and nose. It is suitable for usage with or without continuous positive airway pressure.

Key Companies Profiled:

  • Medtronic Plc
  • Teleflex Incorporated
  • Ambu A/S
  • Smith’s Group plc.
  • Intersurgical Ltd.
  • Cook Medical Inc.
  • SunMed
  • Vyaire Medical Inc
  • VBM Medizintechnik GmbH
  • Karl Storz SE & Co. KG
  • Cook Gas LLC
  • Flexicare (Group) Limited
  • BVLM Pty Ltd
  • Boston Medical Products Inc. (BESS GROUP)
  • Salter Labs

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Airway Management Devices Market Key Segments:

By Product Type:

  • Laryngeal Masks
  • Tracheostomy Tubes
  • Endotravheal Tubes
  • EndoBronhial Tubes
  • Nasal Airway Tubes
  • Oral Airway Tubes.

By Usage Type:

  • Single Use/ Disposable
  • Reusable

By End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Point-of-Care Cholesterol Monitoring Devices Market Poised for Growth, Projected to Reach USD 514.7 Million by 2028 at a 2.6% CAGR

The global market for point-of-care cholesterol monitoring devices is set for significant growth, with projections indicating a rise from USD 440.6 million in 2022 to USD 514.7 million by 2028. This growth, reflecting a steady compound annual growth rate (CAGR) of 2.6%, comes in response to the growing need for efficient, convenient, and accurate cholesterol monitoring tools.

As cholesterol-related diseases continue to surge globally, there is an increasing demand for portable, user-friendly devices that allow for immediate and precise cholesterol readings. Point-of-care cholesterol monitoring devices are emerging as a crucial solution, enabling both patients and healthcare professionals to make timely, informed decisions that drive better health outcomes.

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The rising focus on preventive healthcare, along with significant advancements in diagnostic technology, is accelerating the adoption of these devices. Offering the convenience of at-home monitoring and the efficiency of clinical use, POC cholesterol devices reduce the need for frequent laboratory visits, making them an attractive option for individuals and healthcare settings alike.

These devices are playing an essential role in helping individuals stay on top of their cholesterol levels, enabling early interventions that can lead to better cardiovascular health management. As healthcare continues to evolve towards more accessible and proactive solutions, the global market for point-of-care cholesterol monitoring devices is expected to experience sustained growth.

Key Market Drivers:

  • Rising prevalence of cardiovascular diseases worldwide
  • Increasing demand for at-home healthcare solutions
  • Advancements in portable diagnostic technologies

As the healthcare industry continues its shift towards patient-centered care, the importance of accessible, user-friendly monitoring solutions is expected to remain a crucial factor in the market’s growth trajectory. These devices represent a key component in preventive healthcare, enabling early detection and treatment of cholesterol-related conditions, ultimately improving patient outcomes.

Technological Advancements and Preventive Healthcare:

The integration of advanced technologies in healthcare, coupled with initiatives promoting preventive healthcare measures, is further bolstering the demand for point-of-care cholesterol monitoring devices. These devices empower healthcare professionals to perform on-the-spot testing, enhancing patient convenience and treatment efficacy.

Challenges and Market Constraints:

Despite the positive outlook, there are challenges impacting market growth. Concerns regarding accuracy and reliability, as well as regulatory hurdles, pose potential restraints. Point-of-care tests may not always match the accuracy of laboratory tests, and user errors can lead to result fluctuations. Additionally, stringent regulations for new device approval can cause delays and limit device variety, making healthcare providers and patients cautious in adopting these technologies.

“With the increasing prevalence of cholesterol-related conditions worldwide, the importance of point-of-care cholesterol monitoring devices cannot be overstated,” said a representative from Future Market Insights (FMI), which conducted the survey. “Our projections indicate a promising future for these innovative tools, as they empower individuals to take proactive control of their cardiovascular health.”

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Competitive Landscape:

The market for point-of-care cholesterol monitoring devices is dominated by a few major players, who frequently engage in strategic partnerships, product launches, and acquisitions to enhance their market presence. Recent developments include:

  • In November 2019, ACON Laboratories, San Diego, CA, launched the On Call® Extra Mobile Glucose Monitoring Systems in Europe and Latin America.
  • In April 2020, PTS Diagnostics partnered with MedPro Healthcare Sales Solutions, a leading healthcare contract sales organization.

Key Companies:

The market features several prominent companies, including:

  • F. Hoffmann-La Roche Ltd.
  • Abbott Laboratories
  • Abaxis, Inc. (a subsidiary of Zoetis Inc.)
  • DiaSys Diagnostic Systems GmbH
  • ACON Laboratories
  • PTS Diagnostics
  • Bioptik Technology, Inc.
  • SD Biosensor, Inc.
  • Jant Pharmacal Corporation, Inc.
  • Nova Biomedical Corporation
  • Beckman Coulter Inc. (a subsidiary of Danaher Corporation)
  • SAMSUNG HEALTH CARE, Inc.

Market Segmentation:

The point-of-care cholesterol monitoring device market is segmented as follows:

  • By Product: Instruments (Table-top Analyzers, Hand-held Analyzers), Testing Kits
  • By Technology: Electrochemical Biosensor, Reflectance Photometry
  • By Application: Dyslipidemia, Atherosclerosis, Hypercholesterolemia, Hypocholesterolemia, Others
  • By End User: Hospitals, Diagnostics Centers & Laboratories, Ambulatory Surgical Centers, Home Care Settings
  • By Region: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding China & Japan (APECJ), China, Japan, Middle East and Africa (MEA)

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:           

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Positron Emission Tomography (PET) Scanners Market Poised for Steady Growth USD 2.1 Billion at a 5.3% of CAGR, Amid Rising Disease Prevalence

Positron Emission Tomography (PET) Scanners Industry
Positron Emission Tomography (PET) Scanners Industry

The global positron emission tomography (PET) scanners market is set to experience significant growth, with an estimated valuation of USD 1.3 billion in 2023 and a projected increase to USD 2.1 billion by 2033 at a CAGR of 5.3%. The market expansion is primarily driven by the rising prevalence of life-threatening diseases, increasing adoption of advanced imaging systems, and continuous technological advancements.

With a growing number of cancer cases and neurodegenerative disorders such as Alzheimer’s disease, hospitals and diagnostic centers are increasingly utilizing PET scanners to enhance early detection and treatment planning. The widespread use of PET imaging in diagnosing cancers—including breast, lung, thyroid, ovarian, and cervical cancer—is further fueling demand.

Additionally, the rising popularity of hybrid imaging systems integrating PET with computed tomography (CT) or magnetic resonance imaging (MRI) is revolutionizing diagnostic precision, improving clinical outcomes, and driving market expansion. Regulatory policies and new market entrants focusing on innovative technology, such as silicon photomultiplier (SiPM) technology and TSPO PET tracers, are further propelling market growth.

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As demand for advanced diagnostic solutions increases globally, key market players are expected to accelerate product innovations and strategic collaborations to improve accessibility and affordability. With continuous technological advancements and increasing investment in imaging solutions, the PET scanners market is poised for sustained growth in the coming decade.

Key Takeaways:

  • The PET scanners market is projected to grow from USD 1.3 billion in 2023 to USD 2.1 billion by 2033 at a CAGR of 5.3%.
  • Rising cases of cancer, Alzheimer’s, and other diseases are boosting demand for PET scanners.
  • Hospitals and diagnostic centers are increasingly adopting PET scanners to detect malignant and non-malignant tumors.
  • Hybrid imaging systems combining PET with CT and MRI are enhancing diagnostic capabilities.
  • Technological advancements, including SiPM technology and TSPO PET tracers, are driving market innovation.
  • Regulatory developments and new market entrants are contributing to the expansion of the PET scanner market.

Key Drivers of Market Growth

  • Increasing Prevalence of Diseases: The rising incidence of diseases such as cancer and Alzheimer’s is leading to higher adoption rates of PET scanners for diagnostic purposes. PET imaging is crucial for detecting various cancers, including breast, lung, thyroid, and ovarian cancers.
  • Demand from Hospitals: Hospitals are increasingly investing in PET scanners to improve their diagnostic capabilities for both malignant and non-malignant tumors. This demand is driven by the need for accurate and timely diagnosis, which PET scans can provide.
  • Adoption of Hybrid Imaging Systems: The growing popularity of hybrid imaging systems, which combine PET with other imaging modalities like CT and MRI, is expected to boost market expansion. These systems enhance diagnostic accuracy and provide comprehensive imaging solutions.
  • Technological Innovations: Advances in technology, such as the development of silicon photomultiplier (SiPM) technology and new PET tracers like TSPO PET tracers, are enhancing the performance and capabilities of PET scanners, further driving market growth.
  • Government Support and Funding: Increased government funding for cancer research and healthcare initiatives supports the development and adoption of advanced diagnostic technologies, including PET scanners.
  • Research and Development Investments: Continuous investments by market players in research activities aim to develop novel and effective treatments for diseases detected by PET imaging. This focus on R&D is crucial for advancing the capabilities of PET technology.

Key Companies Profiled

GE Healthcare; Toshiba Corporation; Koninklijke Philips N.V.; Siemens Healthineers; Hitachi Medical Corporation; Positron Corporation; Mediso Ltd.; Yangzhou Kindsway Biotech Co.Ltd

Positron Emission Tomography (PET) Scanners Market by Category

By Product Type:

  • Full-ring PET Scanner
  • Partial-ring PET Scanner

By Application:

  • Oncology
  • Cardiology
  • Neurology
  • Others

By Detector Type:

  • Bismuth Germanium Oxide
  • Lutetium Oxyorthosilicate
  • Gadolinium Oxyorthosilicate
  • Lutetium Fine Silicate
  • Lutetium Yttrium Orthosilicate

By End User:

  • Hospitals
  • Diagnostic Centers
  • PET Centers
  • Research Institute

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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