Market Research Blog – Page 9170 – New Product Development

Cardiac Rhythm Management Market demand is primarily driven by technological advancements

Around 30% of total death worldwide is caused by cardiovascular diseases, of which major part is accounted by heart diseases.

The risk factors of heart disease includes elevated cholesterol levels, diabetes mellitus, cigarette smoking, obesity and hypertension.

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Frequency of these factors varies demographically, i.e. on the basis of geography, sex ratio and ethnicity. Ischaemic heart disease, is the leading type of heart disease, and causes 46% of cardiovascular deaths in men and 38% in women.

Impact of COVID-19 on the Healthcare Industry

The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well.

The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower.

It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles.

However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Cardiac Rhythm Management Market.

The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as along with the key takeaways over the forecast.

The team of analysts at Future Market Insights are focussing on research and market study to produce different Cardiac Rhythm Management Market forecasts and predictions at both national and international levels.

They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Cardiac Rhythm Management Market.

Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are: Medtronic Plc, St. Jude Medical Inc, Boston Scientific Corporation, Abbott Laboratories, Biotronik, and Sorin Group.

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Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market.

Numerous segmentations have been provided for this market based on:

On the basis of devices, cardiac rhythm management market is broadly segmented as:

Cardiac Rhythm Pacemakers
Single Chamber Pacemakers
Dual Chamber Pacemakers
Cardiac Resynchronization Therapy
Cardiac Resynchronization Therapy – Pacemakers
Cardiac Resynchronization Therapy – Defibrillators
Implantable Cardioverter Defibrillators
Transvenous implantable cardioverter defibrillators (T-ICDs)
Subcutaneous implantable cardioverter defibrillators (S-ICDs)
Implantable Loop Recorder

Product Segmentation

The investigation offers a top to bottom evaluation of different clients’ journeys pertinent to the market and its segments.

The study endeavours to assess the current and future development possibilities, undiscovered roads, factors that shapes their income potential in the global market by breaking it into di such as its types, applications.

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Full in-depth analysis of the parent market

The analysts at FMI are dedicated to provide insights after extensive research and study. The study also includes estimations, projections and evaluation of the market dynamics.

Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography.

They study the key data to assess the revenue and production of manufacturers across various regions.

The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

Segmentation details of the market

Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Cataract Surgery Devices Market Projected to Gain Significant Value through 2022-2032

In 2020, the Cataract Surgery Devices Market was worth $7.4 billion, and it is expected to grow at a 5% CAGR from 2022 to 2032. Cataract surgery entails removing the clouded natural lens of the eye and replacing it with an artificial lens that aids in vision restoration.

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Unless the cataract was surgically removed, most cataract patients experienced blurred vision, if not total blindness.

The only way to clear your vision is to have the cataract surgically removed.

Cataract surgery is typically performed as an outpatient procedure, with the majority of patients being discharged the same day.

Cataracts are the most common cause of vision impairment globally, and they are particularly problematic in developing countries, where they frequently result in blindness.

The National Institute of Vision says. The risk of cataract increases with each decade of life beginning around the age of 40. Half of all Americans have cataracts by the age of 75. 70% of the American population has cataracts by the age of 80.

Cataract Surgery Devices Market: Drivers and Restraints

An ageing population and an increase in the prevalence of ocular disorders are driving the global market for cataract surgery devices.

The global market for cataract surgery devices is being driven by an ageing population, an increase in the prevalence of ocular disorders, global technological advancement in healthcare, and growth in emerging economies.

However, a lack of healthcare insurance, a general lack of awareness about eye disorders, and a lack of primary healthcare infrastructure are some of the factors preventing this market from growing.

Cataract Surgery Devices Market: Overview

Rapid advancements in healthcare technology, an increase in the prevalence of ocular disorders, and an ageing population are all contributing factors.

During the forecast period, the global market for cataract surgery devices is expected to grow at a healthy rate.

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Cataract Surgery Devices Market: Region-wise Outlook

Geographically, the global market for cataract surgery devices is divided into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and the Middle East and Africa.

Because of its large population, Asia-Pacific has the fastest growth, while North America and Europe have the fastest growth due to their large geriatric populations.

Cataract Surgery Devices Market: Key Players

Some of the key participating global market players in cataract surgery devices are Carl Zeiss Meditech AG, Bausch & Lomb Inc., Alcon Incorporated, NIDEK Co. Ltd., Essilor International S.A and others.

Table of Content

Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.5.1. Supply Side Participants and their Roles

3.5.1.1. Producers

3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

3.5.1.3. Wholesalers and Distributors

3.5.2. Value Added and Value Created at Node in the Supply Chain

3.5.3. List of Raw Material Suppliers

3.5.4. List of Existing and Potential Buyer’s

3.6. Investment Feasibility Matrix

3.7. Value Chain Analysis

3.7.1. Profit Margin Analysis

3.7.2. Wholesalers and Distributors

3.7.3. Retailers

3.8. PESTLE and Porter’s Analysis

3.9. Regulatory Landscape

3.9.1. By Key Regions

3.9.2. By Key Countries

3.10. Regional Parent Market Outlook

3.11. Production and Consumption Statistics

3.12. Import and Export Statistics

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Rising number of burn patients is important factor driving the Skin Replacement Market share forward

The Skin Replacement Market share is expected to increase at a 6.4 percent CAGR from US$ 838.0 million in 2018 to US$ 1,202.2 million in 2024. FMI, in its upcoming business report, elaborates the historical and current scenario of the global Skin Replacement market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.

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Crucial information and forecast statistics covered in the Skin Replacement market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Skin Replacement Market

The recent outbreak of the COVID-19 has turned the spotlight on the healthcare industry, and subsequently impacted the Skin Replacement market. Severe shortages of critical medical supplies and a rapid rise in number of COVID-19 cases have resulted into a revolution rather than evolution in the healthcare ecosystems. Consequently, the impact is noticeable in the Skin Replacement market.

Following government’s measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Skin Replacement market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

Skin Replacement Market: Segmentation

Valuable information covered in the FMI’s Skin Replacement market report has been segregated into key segments and sub-segments.

By Product type

Epicel
Integra

By End use

Chemical
Cosmetic
Pharmaceutical

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Skin Replacement Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Skin Replacement market. Competitive information detailed in the Skin Replacement market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Skin Replacement market report.

Key players covered in the report include:

Cellular Dynamics International,
Cynata Therapeutics Limited,
Platelet BioGenesis,
Tengion,
TissueGene, Inc.

Important Questions Answered in the Skin Replacement Market Report

Which end user remains the top revenue contributor in different regional markets?
At what rate has the global Skin Replacement market been expanding during the forecast period?
How will the global Skin Replacement market look like by the end of the forecast period?
What innovative strategies are adopted by Skin Replacement market players to stay ahead of the pack?
What are the restraints affecting the growth of the global Skin Replacement market?

Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Skin Replacement market

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3D Printed Surgical Models is expected to dominate the 3D Printed Surgical Models Market Share

The 3D Printed Surgical Models Market is expected to see a prodigious CAGR of 14.7%, and is projected to increase from US$ 347.5 million in 2021 to US$ 1731.9 million by 2032.

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The use of 3D printed surgical models in the healthcare industry for planning tumor excision, endovascular aneurysm repair, and the treatment of trauma injuries in orthopedic surgery has improved 3D printed surgical models market statistics.

More money spent on healthcare by governments around the world aids surgeons in performing surgery precisely and successfully, increasing the number of successful treatments, and promotes the 3D printed surgical models market growth.

The surge in demand for minimally invasive procedures has been the primary factor driving the market expansion for 3D printed surgical models throughout the forecast period. An increase in R&D efforts will aid in the 3D printed surgical models market share growth.

The high expense of the technology, on the other hand, is projected to restrict the demand for 3D printed surgical models. The expansion of the market is also expected to be hampered by the rising use of recycled and refurbished equipment during the forecast period.

The most advanced healthcare infrastructure, including hospitals, clinics, and extensive use of cutting-edge medical products and services like 3D printing, is found in the United States.

Key Segments

The 3D printed surgical models market is expected to have a CAGR of 14.7% during the forecast period.
The 3D printed surgical models market is having a valuation of US$ 396.6 million in 2022.
The 3D printed surgical models market had a valuation of US$ 347.5 million in 2021.
The 3D printed surgical models market is segmented based on surgical models, wherein the orthopedic segment is anticipated to have a CAGR of 11.4% by 2032.
The 3D printed surgical models market is segmented based on technology, wherein the Color Jet Printing is anticipated to have a market share of US$ 481.4 million by 2032.
The 3D printed surgical models market is segmented based on material, wherein the plastic segment is anticipated to have a market share of US$ 383.3 million by 2032.
The Europe 3D printed surgical models market is anticipated to reach a value of US$ 473.8 million through 2032.
The North America 3D printed surgical models market is expected to lead with a prodigious share of US$ 507.2 million during the forecast period.

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Competition Landscape

The market for 3D printed surgical models is very crowded, with both domestic and international vendors. The increasing demand from consumers can motivate a number of business individuals to introduce cutting-edge products in this sector.

Some of the major key players in the 3D printed surgical models market are Stratasys Ltd., 3D Systems, Inc, Lazarus 3D, LLC, Osteo3D, Axial3D, Onkos Surgical, Formlabs, Materialize NV, 3D LifePrints U.K. Ltd., and WhiteClouds Inc.

Recent Developments:

The company’s Mimics Enlight cardiovascular planning software suite will include new Left Atrium Appendage Occlusion (LAAO) procedure support technologies in 2021, boosting Materialize 3D printing capabilities in the field of cardiology.
In order to offer a new DICOM-to-print solution for surgeons and hospitals throughout North America in 2020, Fast Radius teamed up with Axial3D. It is predicted that such strategic actions will promote market expansion. The following are a few of the leading companies in the market for 3D printed surgical models

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Market Segments Covered in 3D Printed Surgical Models Market Analysis

Key segments

By Surgical Models:

Cardiac Surgery/Interventional Cardiology
Gastroenterology Endoscopy of Esophageal
Neurosurgery
Orthopedic Surgery
Reconstructive Surgery
Surgical oncology
Transplant Surgery

By Technology:

Stereo-lithography
Fused Deposition Modeling

By Material:

Plastic
Metal

By End User:

Hospitals
Ambulatory Surgical Centers

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Medical Billing Outsourcing Market Advancements and Technological developments 2022-2032

The Medical Billing Outsourcing Market revenues were estimated at US$ 11.1 Bn in 2021 and is anticipated to grow at a CAGR of 16% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 55.6 Bn.

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The covid-19 epidemic has had a positive impact on the growth of the medical billing outsourcing industry. It is due to the expanding influence of technology in the healthcare business, which has traditionally relied on localized healthcare systems. The pandemic has accelerated market growth by accelerating digital development in a variety of industries, including healthcare.

The pandemic has highlighted the significance of adopting proactive actions and establishing a strong, extendable, collaborative, and reactive digital healthcare infrastructure. As a result, in order to enhance market development, numerous organizations are adopting methods such as digitization and outsourcing of all non-core areas of their operations, such as invoicing and accounting. The rapid move to digital billing is directly related to the growing demand for the medical billing outsourcing market.

Key Takeaways from the Market Study

Medical Billing Outsourcing Market was valued at US$ 11.1 Bn in 2021. According to Future Market Insights, Medical Billing Outsourcing Market revenue would increase 4.4X between 2022 and 2032, reaching roughly US$ 55.6 Bn in 2032.
In terms of Component, the Outsourced segment accounts for the highest projected CAGR of over 15.6%.
In terms of End-Use, the Hospital accounts for the highest projected CAGR of over 17.1%.
US is the dominant region in the Medical Billing Outsourcing Market with an expected absolute dollar growth opportunity of US$ 18.4 Bn during 2022 – 2032.

“During the projected period, the rise in the number of hospitals in terms of end-use can become a key driver towards raising the medical billing outsourcing market revenue.” comments a Future Market Insights analyst.

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Competitive Landscape

The medical billing outsourcing market is very competitive, with numerous medium, and small businesses fighting against one another. Mergers, partnerships, and acquisitions are some of the key business methods used by corporations to increase their market share.

Some of the key medical billing outsourcing service providers include R1 RCM Inc., Cerner Corporation, Allscripts Healthcare Solutions Inc., Experian Information Solutions Inc., eClinicalWorks LLC, Athenahealth, Quest Diagnostics, Promantra Inc., AdvancedMD, Inc., Kareo, Inc., and McKesson Corporation.

Some of the key developments in the global medical billing outsourcing industry are:

In March 2022, Omega Healthcare, a prominent healthcare management services and solution firm, acquired Reventics, a revenue cycle management solution developer which delivers provider engagement solutions to increase physician reimbursement & compliance.
In July, 2021, R1 RCM Inc., a supplier of technology-driven solutions that enhance healthcare providers’ patient experiences and financial performance, announced the completion of its purchase of VisitPay, a digital payment solution provider. The purchase integrates VisitPay’s customer payments infrastructure with R1’s leading patient access technology, allowing providers to offer their patients a smooth financial journey

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Medical Billing Outsourcing Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in Medical Billing Outsourcing Market across in terms of Component (In-house, Outsourced), Service Type (Front End, Middle End, Back End), End-Use (Hospital, Physician Office, Other End-uses) across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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Pediatric Spasticity Treatment Market expected to See Incredible Growth by 2032

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Paediatric Spasticity Treatment Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period.

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Impact of COVID-19 on the Healthcare Industry

The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.

The team of analysts at Future Business Insights are focussing on research and market study to produce different Paediatric Spasticity Treatment Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Paediatric Spasticity Treatment Market.

Key Players

Some of the key players present in the global pediatric spasticity treatment market are Allergan plc, Ipsen Biopharmaceuticals, Inc., Almirall, S.A, Piramal Critical Care, Inc., Genentech, Inc, Sanofi, Saol Therapeutics, US WorldMeds, LLC among others.

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Segmentation

The global Pediatric Spasticity Treatment market is segmented on basis of drug type, distribution channel and geography.

Segmentation by Drug Type

Baclofen or Muscle Relaxants
Botox
Intrathecal Baclofen
Clonazepam
Diazepam
Tizanidine
Others

Segmentation by Route Of Administration

Oral
Injectable

Segmentation by Distribution Channel

Hospitals Pharmacies
Drug Stores
Retail Pharmacies
Mail Order Pharmacies

Queries Solved

What is the size of the overall Paediatric Spasticity Treatment Market in the Healthcare Industry and its segments?

What are the key segments and sub-segments in the market?

What are the key drivers, restraints, opportunities, and challenges of the Paediatric Spasticity Treatment Market in the Healthcare Industry, and how they are expected to impact the market?

What are the attractive investment opportunities within the Paediatric Spasticity Treatment Market in the Healthcare Industry?

What is the Paediatric Spasticity Treatment Market in the Healthcare Industry size at the regional and country-level?

What are the key market players focusing on?

What are the strategies for growth adopted by the key players in Paediatric Spasticity Treatment Market in the Healthcare Industry?

What are the recent trends in Paediatric Spasticity Treatment Market in the Healthcare Industry? (M&A, partnerships, new product developments, expansions)?

What are the challenges to the Paediatric Spasticity Treatment Market in the growth of the Healthcare Industry?

What are the key market trends impacting the growth of the Paediatric Spasticity Treatment Market in the Healthcare Industry?

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Reasons to buy the report

We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

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Smart Insulin Pens Market is expected to post massive gains, expanding at a staggering double digit CAGR through 2031

[108 Pages Report] ESOMAR-certified consulting firm Future Market Insights (FMI) projects the global smart insulin pens market is likely to surpass the billion dollar mark by 2021, expanding at a positive CAGR, as per a newly published research report. A stupendous double digit growth rate has been predicted for the market in the long-run. Growing preference for non-invasive treatment and the ever widening diabetes burden are likely to steer the market in a forward direction.

According to FMI’s report, the market posted significant gains in the past, with Bluetooth smart insulin pens generating over 30% of the revenue share in 2017. Also, according to the International Diabetes Federation, presently, just under half a billion people are living with diabetes worldwide, and their number is projected to increase by 25% in 2030, and 51% by 2045 respectively.

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Manufacturers, therefore, are leveraging these trends to introduce novel and innovative product lines, enabling them to secure a firm footing in the market. In November 2020, for instance, Medtronic launched its InPen^TMsmart insulin device equipped with real-time Guardian^TMConnect CGM Data- the first smart insulin pen for diabetics on multiple daily injections. Recently, in April 2021, BioCorp and Roche Diabetes Care launched the Mallya smart insulin pen device in France.

Key Takeaways from FMI’s Smart Insulin Pens Market Report

By connectivity, Bluetooth connected smart insulin pens to account for over half of the revenue share by 2031
By indication, type 2 diabetes treatment to account for the bulk of smart insulin pens deployment
Retail pharmacies were the primary distribution channels for smart insulin pens, e-commerce sales spiking rapidly
US to experience credible growth amid increasing approval rates for new diabetes management devices
Growing preference for needle-free insulin injections to widen adoption across the UK
Germany & France to experience increased collaborations between key manufacturers in the long-run
Large concentration of regional level manufacturers to pivot growth across India and China

Smart Insulin Pens Market – Key questions answered in the report

What trends are in store for the smart insulin pens market growth?
According to FMI, the global smart insulin pens market is likely to register a multi-billion dollar valuation in the short and long-run forecasts, attributed to a general increase in the global diabetic population pool and the consequent increase in hospital workload. Demand for Bluetooth connected smart insulin pens is expected to remain especially high
Which is the most promising smart insulin pens market?
As per FMI’s analysis, demand for smart insulin pens are expected to remain high across the US market, attributed to unceasing efforts by the government to eradicate the diabetes epidemic by virtue of extensive advertising campaigns. Additionally, India and China are expected to emerge as the dominant markets in the Asia-Pacific region, characterized by the presence of numerous regional level manufacturers

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Which prominent players operate in the global smart insulin pens market?

Digital Medics Pty Ltd.,
Emperra GmbH e-Health Technologies,
Companion Medical Inc.,
Sanofi Aventis LLC,
Novo Nordisk A/S,
Eli Lily and Company,
Companion Medical,
Diabnext,
Jiangsu Delfu Medical Device Co. Ltd.,
DIAMESCO Co Ltd.,
Patients Pending Ltd (Bigfoot Biomedical Inc.),
BERLIN-CHEMIE

are some major smart insulin pens manufacturers profiled in FMI’s report

Competitive Landscape

Major insulin pens manufacturers are effectively leveraging major expansion strategies, ranging from new product launches and R&D to collaborating with existing manufacturers or outright/partial acquisition of key market players. A major emphasis is being laid on incorporating virtual technological advancements to enhance diabetes management.

In February 2021, Novo Nordisk and the University of Toronto announced a CAD 40 million investment deal to establish the Novo Nordisk Network for Healthy Populations. This network will focus on new approaches to address diabetes and aid in chronic disease prevention. This will likely help broaden smart insulin pens development.

Companies are also focusing on providing advanced software platforms, such as Digital Medics’ DiabetesPlus DataSync Software. This platform enables users to download insulin and glucose data directly from the device. Key features include downloading insulin data from the insulin pen, glucose levels from the glucose meter and synchronization of data on the Cloud for use with mobile devices.

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According to FMI’s report, the following insulin pens manufacturers currently operate in the global market:

Digital Medics Pty Ltd.
Emperra GmbH e-Health Technologies
Companion Medical Inc.
Sanofi Aventis LLC
Novo Nordisk A/S
Eli Lily and Company
Diabnext
Jiangsu Delfu Medical Device Co. Ltd.
DIAMESCO Co Ltd.
Patients Pending Ltd (Bigfoot Biomedical Inc.)
BERLIN-CHEMIE

Smart Insulin Pens Market – Key Segments Covered

Indication

Diabetes Type I
Diabetes Type II

Connectivity

Bluetooth Connected
USB Connected

Distribution Channel

Clinics & Ambulatory Surgical Centers
E-Commerce
Retail Pharmacies

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Intravenous Solution Compounders Market Size, Share, CAGR & Forecast Report for 2028

Intravenous Solution Compounders Market Overview

Intravenous medication is one of the crucial aspects of hospital and pharmacy, and preparation of these requires utter precision as the patient’s wellbeing is directly affected by the compounded preparations. Increasing intravenous preparations use in hospitals is increasing the demand for intravenous solution compounders.

Intravenous solution compounders are choice of instrument in compounding of the intravenous solution or parenteral drug preparation. Intravenous solution compounders are the automated compounding and pumping devices which allows preparation of sterile solution according to the specific requirement in the pharmacy and hospitals. The intravenous solution compounders consists of the base solution reservoir, diluents set which offers increased feasibility in compounding the solution.

Intravenous solution compounders performs the procedure in two step process or in one step process, where micro and macro solutions can be processed in one step or in two-steps, one step process eliminates the chance of possible contamination in intravenous solution compounders. The process of intravenous solution compounders is based on gravimetric principal or volumetric principal.

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Intravenous Solution Compounders Market: Drivers and Restraints

Intravenous Solution Compounders are mainly utilized to reduce the risk of contamination while preparing the sterile preparation. The rising awareness about the safety of patient and complexity in the compounding of the intravenous solution is anticipated to propel the market growth for intravenous solution compounders.

The major challenges in compounding intravenous solution is complexity in verification of solution prepared and process followed is technically very intricate. The elimination of verification and easy technicality is anticipated to drive the market for intravenous solution compounders. The major sector arising in utilization of the intravenous solution compounders is total parenteral nutrition coupled with Increasing number of patient specific dose is anticipated to impel the market demand for intravenous solution compounders.

The added advantages of intravenous solution compounders in reducing the risk of injectables medication errors specifically in cancer chemotherapy preparation is anticipated to fuel the market for intravenous solution compounders market. However, high coast associated with intravenous solution compounders and requirements of particular dispensing on daily basis is anticipate the restraint the growth of the intravenous solution compounders market.

Intravenous Solution Compounders Market: Overview

The global Intravenous Solution Compounders market is witnessing a steady growth due to increasing awareness among the end user in maintaining high standards and precaution methods while preparing the intravenous solutions.

The demand for demand for intravenous compounders is mainly arising from developed countries due to well-developed healthcare infrastructure and high healthcare standards. The manufacturers in the intravenous solution compounders is focused on continuous research and development to increase the effectives of the intravenous solution compounders device.

The development of countertop devices with minimal technical difficulty is offering the edge for countertop intravenous solution compounders device in the market. The advantage of intravenous solution compounders in compounding robotics and enlarge intravenous preparation coupled with automation is anticipated to offer manufactures a niche market to target.

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Intravenous Solution Compounders Market: Region-Wise Overview

The global Intravenous Solution Compounders market is segmented into the following regions – North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific Excluding China & Japan, China, Japan and the Middle East & Africa. North America is the dominant regional market for Intravenous Solution Compounders due to rising awareness for the risk associated with manual compounding of the intravenous solutions in the region. In North America, the U.S. is the dominating market due to high healthcare standards and regulatory guiding for compounding of sterile preparations.

Europe Intravenous Solution Compounders market is anticipated to grow substantially due to rising initiatives by the government to minimize the risk of contamination and errors in sterile compounding. APAC is a fast-growing regional market for Intravenous Solution Compounders due to increasing demand for standards compounding instruments and raising awareness for parenteral solutions safety in the countries like India and china. Growth in the Latin America and the Middle East and Africa is growing steadily due to demand for total parenteral nutrition.

Intravenous Solution Compounders Market: Key Participants

Examples of some of the key participants in the Intravenous Solution Compounders market are ARxIUM, Baxa Corporation., ICU Medical Inc., B.Braun Medical Inc, Baxter Healthcare., Grifols., Hospira Inc and The Matrix Company Among others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on

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

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X-Ray Aprons Market Size & Share | Global Industry Report for 2028

X-Ray Aprons Market Overview

X-ray aprons are also known as lead aprons or leaded aprons used for protection against harmful radiations. It is a type of protective clothing that acts as the radiation shield. Lead X-ray aprons are used to reduce exposure of radiation to both patient and personnel.

X-ray aprons are made up of thin rubber sheet at the exterior. X-ray aprons are used along with lead gloves and lead glasses. The main purpose of using X-ray apron is to minimize the exposure of harmful X-ray to vital organs. Prolonged exposure to X-ray has been linked to increasing chances of developing cancer. X-ray aprons protect vital organs from harmful radiations exposed during medical imaging processes such as radiography, computed tomography, fluoroscopy and others.

X-ray aprons also help to protect reproductive organs. Protective reproductive organ is important as radiation may cause changes in the DNA of egg cell and sperm which leads to genetic defects in the offspring of the patients. According to researchers, the thyroid gland is most vulnerable to X-rays. Care should be taken to protect or cover thyroid gland using X-ray aprons or thyroid collars during dental radiographs.

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X-Ray Aprons Market: Drivers & Restraints

Increase in the number of medical imaging processes drives the global X-ray aprons market. Other factors such as rise in geriatric population and increase in awareness among the people also expanded the growth of global X-ray aprons market in the stated forecast period. Increase in the number of diagnostic imaging centers in developed and developing countries also boost the market growth of X-ray aprons.

Technological advancement and increasing prevalence of diseases that requires medical imaging also escalate the market growth of X-ray aprons. High cost and lack of reimbursement policies restrain the growth of X-ray aprons in the stated forecast period. Heaviness associated with the lead X-ray aprons has shown the detrimental effect on the health of the wearer, particularly spinal injuries also decline the growth of X-ray aprons market.

X-Ray Aprons Market: Overview

There are different types of X-ray aprons available in the market with various modifications. The regular lead X-ray aprons are made up of 100% lead and are the heaviest among all other types. The lead composite X-ray aprons are made up of lead and other light weighted metals such as barium and tin, making it lighter than the regular lead X-ray aprons.

Lead-free X-ray aprons are made up of non-lead attenuated metals. They are the lightest and provide complete protection, along with being These aprons are the lightest ones environmental friendly.

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X-Ray Aprons Market: Regional Outlook

X-ray aprons market is segmented on the basis of eight regions into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan and China (APECJ), Japan, China and Middle East & Africa (MEA). North America is dominating the overall X-ray aprons market throughout the forecast period. The presence of better healthcare facilities, increase in the number of diagnostic centers and high patient awareness level are some of the leading factors accounting for the maximum market share in these regions.

This is followed by Europe, due to better healthcare infrastructure and increase in the number of diagnostic procedures. In developing regions such as Asia-Pacific, X-ray aprons market is expected to grow at the fastest rate during the forecast period due to improving healthcare infrastructure and increasing prevalence of chronic diseases. Middle East and African region is expected to grow at moderate rate due to poor healthcare facilities and lack of awareness among the patients.

X-Ray Aprons Market: Key players

Some of the leading players operating in the X-ray aprons market are: Lite Tech, Inc., Barrier Technologies, Wolf X-Ray, Shielding International, Inc., Biodex Medical Systems, Inc., Rego X-ray GmbH, Techno-Aide, Inc., and others.

The report covers exhaust analysis on

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

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X-Ray Aprons Market: Segmentation

The global market for X-ray aprons is segmented on the basis of material type, end users and geography.

Based on the material type, X-ray aprons market is segmented into:

Lead free X-ray aprons
Light weight lead composite X ray aprons
Lead X ray aprons

Based on end-user, X-ray aprons market is segmented into:

Hospitals
Clinics
Diagnostic Laboratories
Others

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Automated Microbial Detection Systems Market Insights By Type, Industry, Application & End-User | FMI

Market Outlook

A number of infectious diseases and the increasing number of resistant strains of microorganisms lead to the development of microbial detection kits. However these traditional methods of culturing and then identification is time consuming. Automated microbial detection systems is one solution for this problem.

Using these systems the detection process of microorganisms can be done within a few minutes of culturing and the results could be available within a couple of hours. Automated microbial detection systems are automated tools used for the detection of key contaminant microorganisms.

These methods allow for preventive controls and faster testing. The results could be obtained within a few hours using the automated microbial detection systems, when compared to the traditional culturing methods.

A number of large and small players provide automated microbial detection systems. Some of them include Thermo Fisher Scientific, Lonza, Pall Corporation, MediRay, BioMeriux and MIDI Inc.

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Market Dynamics of Automated Microbial Detection Systems Market

A number of factors drive the growth of the automated microbial detection systems market. Some of these include the increase in incidence of infectious diseases that are coupled with epidemic and pandemic events that occur every year.

Increasing food safety concerns is another factor that drives the growth of the automated microbial detection system market. Technology advancements and government initiatives to aid the development of the market further.

However, high cost of automated microbial detection systems and complex regulatory framework slightly hinder the growth of the automated microbial detection systems market.

Genotypic Methods are Popularizing

When genotypic methods are applied for the identification of microorganisms it results in specie-specific fingerprints. The genotypic methods of automated microbial detection systems are fast and reliable.

New genotypic methods include the use of microchips coated with an array of oligonucleotides that allows rapid identification, by the determination of patterns or sequences that are specific to an organism.

DNA sequencing and biochemical sequencing coupled with fluorescent analysis of the product is also being developed for automation.

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Automated Microbial Detection Systems in Diagnostic Laboratories

Diagnostic laboratories culture different kinds of samples such as blood and urine for diagnosis of infectious diseases. With the traditional method of culturing and testing the results could take days and the patient may be in distress until then. There is a need to reduce the time required for the detection process. This can be achieved by the use of automated microbial detection systems.

Regional Market Outlook

Although North America will continue to hold the largest share in the automated microbial detection systems market, Asia-Pacific is expected to grow with the largest CAGR. The continued focus of the major player towards emerging and Asian countries as well as due to the support of the government in these region leads to development of the automated microbial detection systems market in the region.

Competition Outlook

Automated Microbial Detection Systems are expensive devices. Thus the Automated Microbial Detection System Market is dominated by large players like Thermo Fisher Scientific, Becton Dickinson, Merck Millipore and Lonza. The other small players include Biomerieux, MIDI Inc and MediRay.

Small-Scale Manufacturers/Providers	Medium-Scale Manufacturers/Providers	Large-Scale Manufacturers/Providers
MediRay Micro Identification Technologies MIDI, Inc.	Trivitron Healthcare Biomerieux	Thermo Fisher Scientific VWR (Avantor) Becton Dickinson Charles River Merck Millipore Lonza Pall Corporation

Research Methodology

FMI utilizes a triangulation methodology that is primarily based on experimental techniques such as patient-level data, number of procedures and capital equipment install base to obtain precise market estimations and insights on various medical devices and medical technology.

Bottom-up approach is always used to obtain insightful data for the specific country/regions. The country specific data is again analysed to derive data at a global level. This methodology ensures high quality and accuracy of information.

Secondary research is used at the initial phase to identify the feasibility of the target products/technology categories and its respective segments, product offerings, usage pattern as per disease indications, product installed base in target healthcare facilities, life span of a device, reimbursement scenario, adoption rate and future impact of new technologies.

Each piece of information is eventually analysed during the entire research project which builds a strong base for the primary research information.

Primary research participants include demand-side users such as key opinion leaders, physicians, surgeons, and supply-side providers of medical devices who provide valuable insights on trends, key treatment patterns, adoption rate, and purchasing pattern, technological development of medical devices, patient education, effectiveness of manufacturers and important strategies, pricing and competitive dynamics.

Quantitative and qualitative assessment of basic factors driving demand, economic factors/cycles and growth rates and strategies utilized by key players in the market is analysed in detail while forecasting, in order to project Year-on-Year growth rates. These Y-o-Y growth projections are checked and aligned as per industry/product lifecycle and further utilized to develop market numbers at a holistic level.

On the other hand, we also analyse various companies annual reports, investor presentations, SEC filings, 10k reports and press release operating in this market segment to fetch substantial information about the market size, trends, opportunity, drivers, restraints and to analyse key players and their market shares. Key companies are segmented at Tier level based on their revenues, product portfolio and presence.

Please note that these are the partial steps that are being followed while developing the market size. Besides this, forecasting will be done based on our internal proprietary model which also uses different macro-economic factors such as per capita healthcare expenditure, disposable income, industry based demand driving factors impacting the market and its forecast trends apart from disease related factors.

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Key data points covered in report

The report covers exhaustive analysis on:

Automated Microbial Detection Systems Market by technology, end user and region
Regional level market analysis of North America, Latin America, Europe, Asia Pacific, Middle East & Africa by technology, end use segments and country
Automated Microbial Detection Systems Market Dynamics & Opportunity Assessment
Historical Actual Market Size, 2013 – 2017
Automated Microbial Detection Systems Market Size & Forecast 2018-2028
Automated Microbial Detection Systems Market Trends/Issues/Challenges
Competition & Companies involved

Market Segmentation

By Technology

Phenotypic Methods
Genotypic Methods

By End user

Pharmaceutical and Biotechnology Industry
Food & Beverages Industries
Water & Environment Industries
Diagnostic Laboratories
Blood Banks
Hospitals
Others

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