Saudi Arabia Pharmaceutical Market is expected to expand at a CAGR of 9.0% And estimated to be worth US$ 12,281.4 Million by the end of forecast period

The significant rise in lifestyle-related diseases and the developments in healthcare infrastructure are expected to influence the demand for pharmaceuticals in Saudi Arabia. In 2016, the Saudi Arabia pharmaceutical market is anticipated to procure value worth US$ 5,209.5 Mn at a y-o-y growth of 6.0 % over 2015. The mounting demand for branded drug products will continue to incite the growth of the Saudi Arabian pharmaceutical market in 2016.

The demand for pharmaceuticals in Saudi Arabia is expected to register substantial growth owing to the increasing penetration of health insurance companies and the rising incidence rate of non-communicable diseases. Furthermore, the exceptional rise in the per capita income of Saudi Arabia is also expected to foster the demand for branded pharmaceutical drugs. Another key factor driving the growth of the pharmaceutical market in Saudi Arabia is the country’s strategic move to allow 100% FDI in the pharmaceuticals sector. Although, the shortage of profound indigenous research capacity in the pharmaceutical industry and the delayed registration of drug and medicine patents is expected to limit the expansion of the market in 2016 and beyond.

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Based on the product type, the pharmaceutical market in Saudi Arabia is expected to witness an upsurge in the prescription-type branded drug products. In terms of market value, the branded drugs are estimated to reach US$ 2,760.8 Mn by 2016-end. The demand for generic drugs is projected to secure steady growth, attributing to the insisting promotion of generic drug adoption by healthcare insurance providers.

On the basis of the diseases, the pharmaceutical drugs used for treatment of cardiovascular diseases will continue exhibiting robust growth in 2016. The demand for cardiovascular medications will continue to surge due to the prominence of circulatory disorders in Saudi Arabia. Additionally, the rising prevalence of disorders related to body sugar levels is expected to make diabetes a rapidly growing disease-based sub-segment in the Saudi Arabia pharmaceutical market.

The pharmaceutical market in Saudi Arabia is also segmented on the basis of distribution channel, where retail pharmacies will continue to account for 80% market share compared to hospital pharmacies. The westernised modernisation of retail pharmacies in Saudi Arabia has led to the availability of a wide range drugs and medicinal products, thereby attaining a considerable growth in the retail pharmacy sub-segment in 2016 and further.

The rising resource potential in Saudi Arabia is projected to positively reform the production environment for pharmaceutical manufacturers. In order to expand the market’s size, structuring alliances with well-established native companies is predicted to be a key strategy for global pharmaceutical leaders.

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key players

Some key players in the Saudi Arabia pharmaceutical market covered in this report are SPIMACO, Tabuk Pharmaceuticals Manufacturing Co., Juphar, Jamjoom Pharma, GlaxoSmithKline plc. Pfizer Inc., Novartis AG and Sanofi. The report also identifies company-specific strategies related to product development, market consolidation initiatives and analysis of their specific strengths, weaknesses, opportunities and threats.

Long-term Outlook: The Saudi Arabia pharmaceutical market is expected to expand at a CAGR of 9.0% over the forecast period 2016-2026. In terms of market value, the pharmaceutical market in Saudi Arabia is estimated to be worth US$ 12,281.4 Mn by the end of forecast period.

Key Segments Covered

Product Type

  • Prescription Products
    • Branded Drugs
    • Generic Drugs
  • Over The Counter (OTC) Products

Disease Type

  • Cardiovascular Diseases
  • Diabetes
  • Cancer
  • Obesity
  • Infectious Diseases
  • Other Diseases

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Distribution Channel

  •  Hospital Pharmacies
  • Retail Pharmacies

Weight Loss and Obesity Management Market to attain a valuation of US$ 4.99 Billion by 2028.

The growth of weight loss and obesity management market is attributed to the rising epidemic of obesity across the globe. According to the latest research by Future Market Insights (FMI), the global weight loss and obesity management market is anticipated to reach a valuation of over US$ 4.9 Bn, by the end of 2028. The weight loss and obesity management market is expected to expand at a steady CAGR of 5.2%, over the forecast period of 2018-2028.

Developing Regions More Prone to Obesity & Other Comorbidities

Increasing number of cases of obesity and related comorbidities will lead to the growing adoption of drugs and devices for weight loss and obesity management, which will further fuel the growth of the global weight loss and obesity management market during the forecast period.

The weight loss and obesity management market is majorly driven by the rising prevalence of obesity. The rising epidemic of obesity presents a major challenge to disease prevention across the globe. It is estimated that by 2030, 38% of the world’s adult population will be overweight and around 20% will be obese. This obesity epidemic is more prevalent in the Middle East and the Asia Pacific regions where food import is quite high. Weight loss and obesity management are helpful in the treatment of highly critical obesity and comorbidities associated with it, such as diabetes, asthma, sleep apnea, and hypertension, etc.

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Increasing health consciousness is also cited as an important factor boosting the revenue growth of the global weight loss and obesity management market. Sizeable consumer population in developed regional markets will particularly continue to generate high demand for weight loss and obesity management practices, according to the report. Millennial and Generation-X consumers are gradually adopting advanced aesthetic services, including weight loss and obesity management, thereby creating adequate opportunities for manufacturers of weight loss and obesity management drugs and devices.

Key Players:

  • Novo Nordisk A/S,
  • GlaxoSmithKline plc.,
  • F. Hoffmann-La Roche AG,
  • Allergan Plc,
  • Johnson & Johnson Services, Inc,
  • Medtronic plc.,
  • Vivus Inc.,
  • Eisai Co., Ltd.,
  • ReShape Lifesciences, Inc,
  • Obalon Therapeutics,
  • Aspire Bariatrics,
  • Allurion Technologies Inc.,
  • Nalpropion Pharmaceuticals, Inc., and
  • Beijing Noble Laser Technology Co., Ltd.

Key Vendors Targeting Extension of Product Portfolio

Leading companies operating in weight loss and obesity management market are majorly focusing on strengthening their product portfolio. Product line extensions help companies to launch newer products with unique features for specific indications. This results in an increased market share of companies in the highly competitive weight loss and obesity management market. In response to increasing demand from various healthcare professionals to effectively treat obesity with minimum long-term side effects, manufacturers are focusing on developing innovative and specific products.

Product innovation is expected to boost revenue and volume growth of the weight loss and obesity management market during the forecast period. For instance, an additional FDA patents approval for VIVUS, Inc.’s Qsymia, for the covering compositions of Qsymia and covering methods for effecting weight loss using Qsymia (phentermine and topiramate).

However, the high cost involved in research and development of obesity drugs is a great challenge for the growth of the weight loss and obesity management market. Additionally, long gestation time required for research and developmental activities as well as the need for a number of essential clinical trials to test drugs adds up to significant expenditure. The limitations posed by high development cost of anti-obesity drugs might hinder the growth of the global weight loss and obesity management market. Moreover, the high cost of surgical procedures, such as gastric bypass surgery, adjustable gastric banding, gastric sleeve surgery and gastric balloon treatment, may also affect the growth of the global weight loss and obesity management market adversely.

The global weight loss and obesity management market is estimated based on product type, and distribution sales. Based on product type, the weight loss and obesity management market has been segmented into drugs and devices.

Drugs product type segment is further segmented into GLP-1 receptor agonists, lipase inhibitors, serotonin receptor agonist, a combination drug, and others. Devices product type segment is further segmented into liposuction devices, bariatric stapling devices, gastric band, gastric balloon systems, gastric emptying systems, and gastric electrical stimulation systems.

Devices segment is expected to hold maximum market share in the global weight loss and obesity management market. Based on distribution sales, the weight loss and obesity management market has been segmented into institutional sales and retail sales. In terms of revenue, institutional sales dominated the global weight loss and obesity management market in 2017.

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Additional Questions Answered

Some of the additional questions addressed in this report on the weight loss and obesity management market-

  • What is the revenue potential of the weight loss and obesity management market across the regions of emerging economies?
  • Who are the key competitors in the weight loss and obesity management market and what are their portfolios?
  • What are the major challenges influencing the growth of the weight loss and obesity management market?

Segmentation

On the basis of product type

  • drugs
  • devices

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On the basis of distribution sales

  • institutional sales
  • retail sales

On the basis of geographical

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa (MEA)
  • emerging countries like China, Brazil, and India.

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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

About 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 9-years.

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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 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.

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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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 9-years.

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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

About 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 9-years.

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Vascular Testing Devices Market Size & Share | Industry Trends Analysis Report for 2028

Vascular Testing Devices Market Overview

Vascular disease is of two type viz. peripheral artery disease (PAD) and chronic venous insufficiency (CVI). Vascular disease can be life-threatening due to incorrect and delay diagnosis. Vascular testing devices encompass a broad range of equipment and expertise for proof of principle.

Vascular testing is also known as non-invasive vascular testing in which various technology based devices are utilized to evaluate the blood vessels. The evaluation and testing of the blood vessels can be done at the rest time or at the time of the exercise. Vascular testing is generally painless and determine the disease location and severity.

Vascular testing devices are comes with the advanced features such as digital dashboard and online interface with the remotely located facility centers. These devices also come with the specifications such as LAN/WAN and DICOM/PACS compatibility.

The increasing incidence of death and other complications due to stroke and myocardial infarction amongst those with silent asymptomatic peripheral vascular disease is the key growth factor boost the use of vascular testing devices for diagnosis purpose.

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Vascular Testing Devices Market: Drivers & Restraints

The global vascular testing devices market is expected to register a significant CAGR over a forecast period. The increasing prevalence of vascular diseases and disorders, lifestyle diseases is the key factor anticipated to propel the demand for vascular testing devices and drives the growth of the global vascular testing devices market.

The technically advanced vascular testing devices allows great access to vascular disease testing in particularly non-interventional settings, which helps to diagnose more patients with disease before disease progresses to a potentially critical stage. The availability of portable and easily operable testing devices for vascular diseases is also expected to be the major factor drives the growth of the global vascular testing devices market over the forecast period.

The vascular devices also work on the telemedicine technology and send test data to a remotely located specialist for the online interpretation which anticipated to surge the demand for vascular testing devices over the long run.

However, the lack of expertise and physicians to operate vascular testing devices and to interpret the test data may restrain the growth of the global vascular testing devices market over the forecast period. The higher cost of set up of the vascular testing lab and devices may hamper the demand of vascular testing devices and restrain the growth of the global vascular testing devices market over the long run.

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Vascular Testing Devices Market: Region-wise Outlook

On the basis of regional presence, the global vascular testing devices market is segmented into eight key regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding China and Japan, China, Japan, and Middle East & Africa. Currently, North America is contributing the leading share to the global vascular testing devices market in terms of value and anticipated to register a significant growth over a forecast period due to developed medical infrastructure and increasing spending on high end diagnostic technologies.

Europe region also contribute significant amount of revenue share to the market followed by North America. APAC region is the most lucrative market for the vascular testing devices due to the increasing prevalence of the vascular diseases in the region and expected to show a robust growth to the global vascular testing devices market. Overall, the global vascular testing devices market is expected to show significant growth over a forecast period.

The report covers exhaustive analysis on

  • Vascular testing devices market segments
  • Vascular testing devices market dynamics
  • Historical actual market size, 2013 – 2017
  • Vascular testing devices market size & forecast 2018 to 2028
  • Vascular testing devices current trends/issues/challenges
  • Competition & companies involved
  • Vascular testing devices market drivers and restraints

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Vascular Testing Devices Market: Segmentation

The global vascular testing devices market is segmented on the basis of modality type, technique type, test type and end user.

On the basis of modality type, the global vascular testing devices market is segmented into:

  • Portable
  • Standalone

On the basis of technique type, the global vascular testing devices market is segmented into:

  • Arterial Doppler
  • Pulse Volume (PV) Arterial
  • Photoplethysmography
  • Color or Black And White Arterial Duplex
  • MRA
  • CT and MR Angiography
  • Standard Invasive Angiography

On the basis of test type, the global vascular testing devices market is segmented into:

  • Toe pressure
  • Transcutaneous oxygen (tcpO2 / TCOM)
  • Pulse volume recording
  • Segmental pressures
  • Skin perfusion pressure
  • Heat-controlled laser Doppler
  • Others

On the basis of end user, the global vascular testing devices market is segmented into:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Specialty Clinics
  • Mobile Testing Centers
  • Others

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Transcutaneous Bilirubinometers Market Size & Industry Trends Report for 2027

Transcutaneous Bilirubinometers Market: Overview

Transcutaneous Bilirubinometers is a non-invasive method and is based on the principle of multi wavelength spectral reflectance from the bilirubin staining in the skin. The accuracy of the instrument may be affected by variation of skin pigmentation and its thickness.

There are two treatment options for treating hyperbilirubinemia one through phototherapy and other through pharmacological treatment. Phototherapy is further sub dived as intensive, conventional and exchange transfusion. Pharmacological treatment is divided as phenobarbitone, intravenous immunoglobulins (IVIG), and metalloporphyrins and follow up remedies.

Transcutaneous Bilirubinometers Market Overview

Hyperbilirubinemia or jaundice is a multifactorial condition in new-borns with several symptoms. Physiological jaundice is visible but there is also pathological jaundice which is not visible whose prevalence is more in few countries. When the total bilirubin level rise above 95th percentile for a given age group, it is considered as hyperbilirubinemia.

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While bilirubin in normal level act as an antioxidant to the biological system, the presence of it towards the higher site may lead of the central nervous system damage leading to the neurological and behavioural impairment. There are several types of bilirubinaemia which are pathological, physiological, and haemolytic and jaundice due to breastfeeding.

Haemolytic bilirubinaemia is further subdivided into ABO blood group incompatibility, Rh factor incompatibility and jaundice associated with Glucose-6-phosphate dehydrogenase (G6PD) deficiency.

Transcutaneous Bilirubinometers Market: Drivers and Restraints

According to the National Neonatal-Perinatal Database (NNPD), the incidence of hyperbilirubinemia is 3.3% while the morbidity occurrence due to it is 22.1%. In neonates, the pale yellow color first starts from the face and the proceeds to the body and the extremities. The incidence of jaundice is more in the low and middle income countries.

For instance out of the 1.1 million babies that are diagnosed for jaundice majority of them are in the sub-Saharan Africa and South Asia. Moreover, the launch of upgraded products and technology towards the detection of bilirubin level through a non-invasive way is being adopted by various industry players.

Transcutaneous Bilirubinometers Market: Region-wise Outlook

In terms of geography, transcutaneous Bilirubinometers market has been divided into seven regions including North- America, Eastern Europe, Western Europe, and Asia- Pacific excluding Japan, Japan Middle-East & Africa and Latin America. North America is expected to remain the dominating region while Asia Pacific is expected to emerge as a fastest growing region.

North region. The countries in North America such as the U.S and Canada are taking various initiatives such as the launch of the “Calgary jaundice program” to decrease the number of hospital readmissions for pediatric jaundice. The screening program which was launched around 2007 uses light reflection to determine the level of jaundice in new-borns. Since the launch of this program hospital readmissions for pediatric jaundice has dropped by approximately 30%.

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Transcutaneous Bilirubinometers Market: Key Market Participants

Some of the transcutaneous bilirubinometers market participants are Aegis Medical Innovations, Delta Medical International, Drägerwerk AG, Beijing M&B Electronic Instruments Co. Ltd, Micro Lab, Natus Medical, Philips Healthcare, Refine Medical Technology, Reichert Technologies and Xuzhou Kejian Hi-tech.

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.

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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Transcutaneous Bilirubinometers Market: Segmentation

On the basis of product type the transcutaneous bilirubinometers market can be segment as:

  • Benchtop
  • Portables

On the basis of end user the transcutaneous bilirubinometers market can be segment as:

  • Hospitals
  • Pediatric and Neonatal Intensive Care Units
  • Nursing Homes
  • Home/Outpatient Settings Private research laboratory

About 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 9-years.

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Rapid Test Cards Market Size & Share | Industry Trends Analysis Report for 2027

Rapid Test Cards Market Overview

Rapid test card is a medical diagnostic test card that qualitatively detects the presence of pathogens in a sample (blood/serum). Rapid test cards are widely used in clinical settings as they offer quick results. Quick tests are utilized as a part of an assortment of purpose of care-settings including homes to essential care centers or emergency rooms.

Some of the common rapid test cards available in the market are Hepatitis test cards, pregnancy test card, HIV test, HCV test, syphilis card/strip test, troponin-I test, and malaria/dengue test cards. Owing to advances in rapid testing technology, today, these tests are widely used in clinics and hospitals.

Rapid test cards usually encompass the interface of an immovable reagent of any of the target antigen or antibody that is associated to certain category of detector which later on reacts with the loaded patient sample. Rapid test cards enable a rapid screening of a possibly affected population, and can be applied for various applications to determine the complications leading for infections or pregnancy.

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Rapid Test Cards Market: Drivers and Restraints

The development of the rapid test cards market during the forecast period is primarily determined by the expanded usage of rapid test cards mainly in the cases of pregnancy, HIV, malaria, dengue, chikungunya, and leishmanial. Overall growth can be attributed to its low-cost, ease of use, sensitivity, and stability at high temperatures.

Rapid test cards are most favoured for quick and precise outcomes. Rising infection rate from malaria, dengue and other viral infections in developing countries is creating sustained demand for rapid test cards market. The usability of rapid test cards has impelled the appropriation of different test units to differentiate the alteration between various pathogens and other infectious diseases.

However, nonappearance of conclusive diagnostic testing, inaccuracy in readings in few rapid test cards in the domestic market may hamper the overall growth & development of the rapid test card market over the forecast period. Also, few of the high production costs of rapid test cards with high end technology in developing markets may act as a limitation to the overall growth in developing countries.

Rapid Test Cards Market: Region – wise Outlook

Globally, the rapid test cards market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA). North America and Western Europe are predictable to be the principal markets in the global rapid test card market. Multiple diagnostic options among the increasing matured population, are additionally considered vital drivers for this market.

Public awareness via health campaigns by manufacturing and research and development (R&D) companies, government associations, medical campaigns for HIV & malaria and simply available diagnostic tests are relied upon to lift interest for rapid test card procedures in these areas. Asia-Pacific and Latin American region is expected to witness a lucrative growth during the forecast period.

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Growth and expansion of rapid test cards in this region can be attributed to the large middle age and young population in this region, growing demand of advanced rapid test cards with quick and accurate results, increasing awareness about new methods of testing and growing health expenditure, especially in India and China.

Rising eruption due to viral infections in this region is aiding market growth during the forecast period. Also, developing economies specifically Brazil and Middle East, offer noteworthy growth opportunities for domestic and international testing card manufacturers due to higher product acceptance and expansion of manufacturers to provide branded products in the international market in lower price with higher security.

Rapid Test Cards Market: Participants

Some of the players identified in global Rapid Test Cards market include, Rapid Diagnostics, Right Med Bio System, Avantor Performance Materials, LLC, NanoEnTek Inc., Chr. Hansen Holding A/S, Oscar Medicare Pvt. Ltd, SRI PHARMACARE, Hicks Thermometers Ltd, recombigen laboratories pvt. Ltd., Anbu Pharmaceuticals, V-KEN HEALTH CARE, Safex Health Care, Avantika Medex Pvt. Ltd., Medicare Products Inc. and others

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

The report covers exhaustive analysis on

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

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Rapid Test Cards Market: Segmentation

Tentatively, global medical penlights market has been segmented on the basis of product type, light output, usage, end user, and geography.

By Test Type

  • Pregnancy Card Test
  • HIV Card Test
  • HCV Card Test
  • Syphilis Card/Strip Test
  • Troponin-I Card Test
  • Malaria/Dengue card Test
  • Others

By Distribution Channel

  • Home care settings
  • Hospitals
  • Clinics

About 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 9-years.

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Cancer Gene Therapy Market size reaching US$ 5.3 Bn in 2032

[300+ Pages Report] As per Future Market Insights’ latest revised industry analysis, the global cancer gene therapy market is projected to expand at a 10.1% CAGR over the forecast period, with the market size reaching US$ 5.3 Bn in 2032.

Gene therapy is a field of medicine that aims to cure or greatly improve the treatment of diseases that have few or no treatment options. Advanced-stage cancer and hematological illnesses make up a large share of gene therapy candidates. In addition to this, gene therapy is frequently used to treat rare or inherited diseases.

While gene therapy research is still in its early stages, firms are increasingly investing in the technology. A handful of products have recently received approval outside of Canada or are in the final stages of clinical trials.

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Gene therapy is currently extremely expensive. Multi-stakeholder discussions about pricing and reimbursement management for these goods are required. To provide accessibility and quality of care, specialized manufacturing facilities, care centers, and doctors skilled to undertake specific procedures for such therapies are required.

The growth in the cancer gene therapy market is reliant on increasing awareness about health, the growing incidence of cancer, and the latest advancements in cancer gene therapy.

“Rising awareness regarding cancer gene therapy across emerging economies, along with favorable healthcare reimbursement plans in various countries will create opportunities for growth in the market over the forecast period,” says an FMI analyst.

Key Players :

  • Merck KGaA
  • Novartis AG
  • AstraZeneca Plc.
  • BIOCAD
  • Crinetics Pharmaceuticals, Inc.
  • EffRx Pharmaceuticals S.A.
  • Euroscreen S.A.
  • Vicore Pharma AB
  • Amgen
  • Bristol-Myers Squibb
  • Cell Genesys Inc.
  • Adaptimmune Therapeutics plc.
  • Achieve Life Science Inc.
  • BioCanCell Ltd.
  • Genelux Corporation
  • Advantagene Inc.,
  • GenVec Inc.
  • GlaxoSmithKline PLC
  • Amgen Inc.

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Key Takeaways:

  • Based on therapy, the oncolytic virotherapy segment accounted for about 3% of the total market share in 2021.
  • In terms of indication, sales in the breast cancer segment are forecast to grow at a CAGR of 7% in the forecast period.
  • By service provider, demand in the hospitals segment will grow at a 9.3% CAGR through 2032.
  • The U.S. will dominate the North America cancer gene therapy market over the forecast period.
  • China will emerge as a lucrative pocket, accounting for 32.3% of the East Asia cancer gene therapy market share over the assessment period.
  • Demand in Germany is expected to increase at a 11.9% CAGR over the assessment period.

Competition Landscape

Acquisitions, partnerships, geographical recognition, and product launches are the key strategies adopted by leading players to increase the consumer base. For instance:

  • In March 2022, Novartis and Carisma Therapeutics agreed to collaborate on the development of HER 2 targeted CAR-M cell therapy.
  • A2 Biotherapeutics and Merck announced a collaboration in December 2020 to develop allogeneic cell therapy for solid tumor cancers.

Want More Insights

Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2032. The global cancer gene therapy market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on the cancer gene therapy market segment based on therapy – (gene induced immunotherapy, oncolytic virotherapy, gene transfer, and others), by indication (breast cancer, ovarian cancer, liver cancer, pancreatic cancer, lung cancer, and prostate cancer), by service provider (hospitals, clinical research laboratory, and oncology institutes), across seven major regions.

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About Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business.

By Therapy:

  • Gene Induced Immunotherapy
  • Oncolytic Virotherapy
  • Gene Transfer
  • Others

By Indication:

  • Breast Cancer
  • Ovarian Cancer
  • Liver Cancer
  • Pancreatic Cancer
  • Lung Cancer
  • Prostate Cancer

By Service Provider:

  • Hospitals
  • Clinical Research Laboratory
  • Oncology institutes

About 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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Future Market Insights,
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Home Rehabilitation Services Market slated to increase at a CAGR of 4.8%, to reach US$ 140.5 Bn by 2032

[250 Pages Report] According to Future Market Insight’s latest analysis, the global home rehabilitation services market was valued at over US$ 84.1 Bn in 2021 and is expected to exhibit a CAGR of close to 4.8% over the forecast period (2022-2032).

The home rehabilitation services market is witnessing a high demand owing to the rising prevalence of chronic disease, surge in the population with disability and the increase in the number of baby boomers.

According to the World Health Organization, more than 1 billion people in the world live with disability. Some health conditions associated with a disability will result in poor healthcare needs. In most parts of the world, people with disabilities face extreme barriers while accessing health and rehabilitation services.

It is critical for home care patients to not only identify each subject’s stimuli, incorporate them into everyday life, and increase the number of times in training, but also to observe tenderly and attend with sympathy. Such a strategy would alleviate a subject’s worry while also providing motivation and peace of mind.

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The increased awareness of the benefits of home rehabilitation services among physicians and patients and rising trend of home healthcare government support and initiative and the increasing adoption of telerehabilitation and e-health will provide even more attractive potential for market expansion.

“Increasing popularity of telehealth services, along with growing demand for ortho rehabilitation will augment the growth in the market over the assessment period,” says an FMI analyst.

Key Takeaways:

  • Sales in the ortho rehabilitation segment are forecast to increase at a 5% CAGR over the assessment period.
  • The U.S. will dominate the North America home rehabilitation services market and held 92.8% of the total market share in 2021.
  • Demand for home rehabilitation services in China will grow at a 5% CAGR through 2032.
  • Australia will emerge as a lucrative pocket, with demand growing at a 4.6% CAGR over the forecast period.

Competition Landscape

Key service providers are collaborating at all levels of the health system to develop technical, policy, and research capability, as well as increase political commitment and inspire leadership.

Various manufacturers are also utilising modern technologies and supporting simple, low-cost service delivery methods to provide access to rehabilitation in the home and community, which is where it is most needed. For instance:

  • In late 2020, ReLAB-HS launched a five-year initiative adapted to satisfy the growing need for physical rehabilitation services in low- and middle-income countries.

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Key Market Segments Covered in Home Rehabilitation Services Industry Research

By Service Type:

  • Ortho Rehabilitation
  • Neuro Rehabilitation
  • Cardiopulmonary Rehabilitation
  • Geriatric Rehabilitation
  • Others

By Region:

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

Which Factors are Restraining the Demand for Home Rehabilitation Services?

Despite the growing scope of services in the developed countries, home tele-rehabilitation services tend to face many challenges across developing economies. Factors such as the lack of physician skills required in e-health, apprehensions associated with data privacy, and the dearth of national e-health policies, will hinder the growth in the home rehabilitation services market.

Most of the healthcare professionals are not well acquainted with the latest information technologies, and also find it difficult to handle modern gadgets. There is a lack of telemedicine experts in many developing countries, which can hamper demand for home rehabilitation services.

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More Insights into Home Rehabilitation Services Market Report

Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2032.

The global home rehabilitation services market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on the home rehabilitation services market segment based on   By services– (ortho rehabilitation, neuro rehabilitation, cardiopulmonary rehabilitation, geriatric rehabilitation, and others), and across seven major regions.

About Future Market Insights (FMI)

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

Contact:

Future Market Insights Inc.
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