Medical Billing Outsourcing Market to cross US$ 23.4 Bn by 2032, Says Future Market Insights

[250 Pages Report] 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.

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

Market Segments Covered In Medical Billing Outsourcing Market Analysis

By Component:

  • In-house Medical Billing
  • Outsourced Medical Billing

By Service Type:

  • Front End
  • Middle End
  • Back End

By End-use:

  • Hospital
  • Physician Office
  • Other End-uses

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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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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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Therapeutic Drug Monitoring Market is projected to record a CAGR of 9.7% from 2022 – 2032

[250 Pages Report] The therapeutic drug monitoring market is anticipated to witness an opulent growth with a phenomenal CAGR of 9.7% during the forecast period, up from US$ 1.5 Billion in 2020 to reach a valuation of US$ 2.9 Billion by 2026.

Due to a reasonable surge in organ transplant surgeries, the sales of therapeutic drug monitoring are also rapidly increasing. Owing to the rising preference for precision medicine, the demand for therapeutic drug monitoring is accelerating.

Precision medicine picks treatments that are fully suitable to the patient’s ailment and medical history. Oncology has experienced the most development, although this technique extends into all disease areas.

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Key Takeaways

  • Increasing research and development in the industry is projected to have a major contribution to the growth of the therapeutic drug monitoring market share.
  • The major trends promoting the therapeutic drug monitoring market include precision medicine. It is a field of disease treatment that is getting a lot of attention. This type of treatment considers individual differences in surroundings, genes, and lifestyles.
  • Precision medicine treatment is gaining a lot of attention and is now being tried in various situations. It intends to transform pharmacotherapy in oncology and other disease areas. With the potential to make a significant contribution to the advancement of the healthcare industry, precision medicine treatment deploys a unique approach to patient care.
  • Cancer patients are getting the treatment based on a combination of medicines which relies on studies of the patient’s factors such as systems biology, tumor analysis, and gene expression data in the absence and presence of pharmacological disruption.
  • The global therapeutic drug monitoring market showed significant growth over the last few years and is projected to grow at a robust CAGR during the forecast period.
  • The sales of therapeutic drug monitoring are driven by several key factors including an ageing population with better health care services, increasing demand for genetic testing, increased government and private sector participation in therapeutic drug monitoring markets, rise in drug profiling.
  • Therapeutic drug monitoring stems from clinical chemistry and clinical pharmacology. Its primary objective is to maintain the drug concentration levels in the body fluids within the particular therapeutic range. By individually adjusting the drug dosage therapeutic drug monitoring aims to refine patient care for better outcomes.

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Competitive Landscape

Roche Diagnostics, Coulter, BioRad, OraSure Technologies, and BioChem Pharmaceuticals are some of the key companies profiled in the full version of the report.

The report comprises key players contributing to the therapeutic drug monitoring market share. It also consists of organic and inorganic growth strategies adopted by market players to improve their market positions. This exclusive report analyses the competitive landscape and therapeutic drug monitoring market share acquired by players to strengthen their market position.

More Insights into the Therapeutic Drug Monitoring Market

On the basis of regions, the therapeutic drug monitoring market is segmented into seven key regions namely: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.

The North American region is anticipated to dominate the therapeutic drug monitoring market by accounting for the maximum sales in the global market.

A reasonable surge can be witnessed in the sales of therapeutic drug monitoring, but a slight decline was seen in the annual growth rate. As per FMI reports, the demand for therapeutic drug monitoring is expected to surge as the market evolves in the future.

The numerous advantages showcased by therapeutic drug monitoring get appreciated in the established markets and as the techniques and products appear in the emerging market. Moreover, the emerging economies have also started showing a positive inclination as the demand for therapeutic drug monitoring increases.

Technological advancements and a significant rise in the disease population, all over the world are rising the demand for therapeutic drug monitoring as it is rapidly being accepted as a method of choice among patients.

In order to improve diagnostic offerings and increase the sales of therapeutic drug monitoring companies are increasing their research and implementing therapeutic drug monitoring strategies.

The sales of therapeutic drug monitoring are expected to touch the skies throughout the forecast period of 2022-2032 by making alterations to new and more stringent regulations and improvements in diagnostic technologies, automation, and system engineering.

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Key Market Segments:

By Product

  • Equipment
  • Consumables

By Technology

  • Immunoassays
  • Radioimmunoassays
  • Colorimetric Immunoassays
  • Other Immunoassays
  • Chromatography-Mass spectrometry

By Drug Class

  • Antiepileptic Drugs
  • Antiarrhythmic Drugs
  • Immunosuppressant Drugs
  • Antibiotic Drugs
  • Bronchodilator Drugs
  • Psychoactive Drugs
  • Other drug classes

By End Users

  • Commercial/Private Labs
  • Hospital Labs
  • Other End Users

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Table of Content
1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

    3.2. Scenario Forecast

    3.3. Opportunity Map Analysis

4. Global Therapeutic Drug Monitoring Market Analysis 2017-2021 and Forecast, 2022-2032

    4.1. Historical Market Size Value (US$ Mn) & Volume (No. of Tests) Analysis, 2017-2021

    4.2. Current and Future Market Size Value (US$ Mn) & Volume (No. of Tests) Projections, 2022-2032

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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 10-years.

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Protein Crystallization and Crystallography Market Size to be worth US$ 2.23 Bn by 2028

[250 Pages Report] The global protein crystallization and crystallography market is estimated to reach US$ 2.23 billion in 2028. Proteins are the organic macromolecules that are composed of long chain of amino acids. Protein crystallization and crystallography is the process for the formation of small protein crystals. This process is widely used by industrial and scientific purposes. Proteins normally functions in aqueous environments thus protein crystallization process is generally carried out in water.

The main goal behind protein crystallization and crystallography is to develop well ordered protein crystals that overcome the inherent fragility of protein molecules.  Many factors such as purity of proteins, concentration of proteins, pH, temperature of medium, additives (buffers) and precipitation (such as ammonium sulfate and polyethylene glycol) may influence the process of protein crystallization and crystallography.

The major factor influencing the market growth of protein crystallization and crystallography market is the development of new technologies. The factor enables to develop new area of advancements for this market and hence drives the growth of protein crystallization and crystallography market. In addition, increasing need for high resolution information on protein structures will further drive the growth of crystallization and crystallography market.

The other factor that stimulates the growth of crystallization and crystallography market includes increasing government grants and research and development activities in the biotechnological and pharmaceutical industries which demand the utilization of crystallization and crystallography techniques. Furthermore, emergence of advance technologies like X-ray-free electron lasers in protein crystallization and crystallography market increases the number of users and drives the market growth.

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However, lack of skilled and knowledgeable personnel to operate this technique will restrain the growth of this market. In addition, high cost and time consuming method further restrains the growth of protein crystallization and crystallography market. Moreover, protein crystallization method is limited to specific types of protein molecules that will also restrain the growth of protein crystallization and crystallography market.

Geographically, North America accounts for the largest market of protein crystallization and crystallography. Presence of large number of pharmaceutical and biotechnologies companies coupled with increasing research and development activities in North America will help this region to hold strong position in the market. Europe is considered as the second largest market for protein crystallization and crystallography.

The growth in Europe is mainly attributed to positive initiatives from European government coupled with increasing acceptance of protein crystallization and crystallography among people. In addition, Asia-Pacific countries such as India and China are the emerging regions for the global protein crystallization and crystallography market due to increasing investment by pharmaceutical and biotechnology companies in this region.

The major players competing in protein crystallization and crystallography market are Hampton Research, Molecular Dimensions Ltd., PerkinElmer, Inc., GE Healthcare Life Sciences, Danaher Corporation, Bruker Corporation, Agilent Technologies, Inc., Hampton Research, Jena Bioscience, Rigaku Corporation, Formulatrix, Inc., MiTeGen LLC, Bruker Corporation and others.

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.

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Table of Content

Table of Content

  1. 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

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. 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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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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Injectable Drugs Market Is Expected to reach US$ 937.0 Bn by 2032

[341 Pages Report] Cancer, cardiovascular diseases, and metabolic diseases like diabetes, are the main cause of mortality and disability in present times. Even with the understanding of scientific disease indications, it is crucial to elevate diagnosis and control the symptoms and signs of illness.

According to the Future Market Insights’ analysis, the injectable drugs market is set to grow at a 5.8% CAGR over the assessment period. As per the report, the market is projected to be valued at US$ 937.0 Bn by the end of 2032.

Advancements in technologies that involve optimization of the devices used for clinical conditions, be it chronic or acute, clinical innovations, bringing in minimally invasive treatments, and evolvement in clinical diagnostics and management in treating high-risk patients, are the key developments within the general healthcare industry.

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Demand for related treatments is increasing, as people are now more aware of the right treatment options, doctor-guided plans, and precautionary measures to consider for serious clinical conditions.

Key players in the injectable drugs market are actively seeking to gain approvals from regulatory bodies, and develop products across the continuum of care in severe case recovery. Furthermore, the FDA is expected to approve new devices related to advanced injectable drugs and their administration, over the coming years.

“Increasing incidence of infectious diseases, oncological diseases, cardiac disorders and device innovation are prompting healthcare providers to incorporate new treatment regimens for improved patient outcome,” says an FMI analyst.

Key Takeaways:

  • By product, monoclonal antibodies held the largest share of 5% in the global market in 2021.
  • Based on application, infectious diseases segment held the largest share of 4% in the global market in 2021, with the segment expected to expand at 5.7% CAGR over the forecast period.
  • In terms of molecule, large molecule segment held the largest share of 8% in the global market in 2021.
  • By route of administration, sales in the intravenous (IV) segment are expected to increase at a 3% CAGR over the assessment period.
  • Based on distribution channel, the hospital pharmacies segment was valued at US$ 231.0 Bn in 2021.
  • North America held the largest share of 5% in the global injectable drugs treatment market in 2021, owing to the growing government investments in healthcare and R&D activities.

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Competitive Landscape

Product launches and collaborations with suppliers that have a strong position and are popular in the market are some of the key strategies of the market players operating in the global injectable drugs market. For instance:

  • Merck and Gilead Sciences, Inc. (Gilead) signed an agreement in March 2021 to collaborate on the development and commercialization of long-acting HIV treatments that combine Merck’s investigational nucleoside reverse transcriptase translocation inhibitor islatravir and Gilead’s investigational capsid inhibitor lenacapavir.
  • In March 2022, Sanofi IGM Biosciences, Inc. today announced the signing of an exclusive worldwide collaboration agreement to create, develop, manufacture, and commercialize IgM antibody agonists against three oncology targets and three immunology/inflammation targets. Engineered IgM antibodies represent a new class of potential therapeutics that combine the multi-valency of IgM antibodies possessing 10 binding sites compared to conventional IgG antibodies having only 2 target binding sites.
  • In February 2022, Novartis India Limited extends access to its medicines in India by signing exclusive sales and distribution agreement with Dr. Reddy’s Laboratories

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the injectable drugs market in its latest study, presenting a historical demand assessment of 2014 – 2021 and projections for 2022 – 2032.

The research study is based on the product – (monoclonal antibodies, immunoglobulin, cytokines, insulin, peptide hormones, blood factors, peptide antibiotics, vaccines, small molecule antibiotics, chemotherapy agents, and others), by application (oncology, infectious diseases, diabetes, blood disorders, hormonal disorders, musculoskeletal disorders, CNS diseases, pain management, and cardiovascular diseases), by molecule type (small molecules and large molecules), by route of administration (intravenous (IV), intramuscular (IM), and subcutaneous (SC)), by distribution channel (hospital pharmacies, retail pharmacies, drug stores, and online pharmacies), across seven key regions of the world.

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Key Players :

  • Pfizer Inc.
  • Teva Pharmaceutical Industries Ltd.
  • Sanofi S.A.
  • Sun Pharmaceutical Industries Ltd.
  • AstraZeneca Plc
  • Merck & Co., Inc.
  • Viatris + Mylan N.V
  • Cipla Inc.
  • Dr. Reddy’s Laboratories Ltd.
  • Samsung Biologics
  • Abbott Laboratories
  • Amgen Incorporated
  • Baxter International Incorporated
  • Becton Dickinson and Company
  • Bristol-Myers Squibb Company
  • GlaxoSmithKline Plc
  • Roche Holding Limited

Key Segments Covered in Injectable Drugs Industry Research

By Product:

  • Monoclonal Antibodies
  • Immunoglobulin
  • Cytokines
  • Insulin
  • Peptide Hormones
  • Blood Factors
  • Peptide Antibiotics
  • Vaccines
  • Small Molecule Antibiotics
  • Chemotherapy Agents
  • Others

By Application:

  • Oncology
  • Infectious Diseases
  • Diabetes
  • Blood disorders
  • Hormonal Disorders
  • Musculoskeletal Disorders
  • CNS Diseases
  • Pain Management
  • Cardiovascular Diseases

By Molecule Type:

  • Small Molecules
  • Large Molecules

By Route of Administration:

  • Intravenous (IV)
  • Intramuscular (IM)
  • Subcutaneous (SC)

By Distribution Channel:

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

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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 10-years.

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Multi-item patient monitor Market Worth US$ 55.6 Bn by 2022 to 2032

Global Multi-item patient Monitor market demand is anticipated to be valued at US$ 39.0 Billion in 2022, forecast to grow at a CAGR of 3.61% to be valued at US$ 55.6 Billion from 2022 to 2032. A patient monitor is a medical device that consists a processing component, monitoring sensors and a screen display which further measures and store a patient’s vital signs such as, blood pressure, body temperature, respiratory rate and pulse rate.

Multi-item patient monitors are also capable of measuring the activity of different body organs and ensure higher level of quality patient care. Multi-item patient monitors are electronic and technological advancements use wireless and intelligent communication technology for monitoring the patient’s vitals.

These monitors display waveforms and numerical data for the patient and are used for treatment and diagnosis in different healthcare facilities, majorly for post-acute care and chronic diseases. Multi-item patient monitors are not only used in healthcare facilities but also for home-based care. These devices are portable and easy-to-use and thus are extensively being used in home-care settings as well.

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Multi-item patient monitor Market: Drivers and Restraints 

Multi-item patient monitors are consistently being improved in technology, especially for better algorithm-based monitoring. Remote patient monitoring has evolved over the years and thus, boosted the demand for multi-item patient monitors over time.

Paradigm shift of multi-item patient monitors for use in hospitals to use in mobility services and ambulatory centers is expected to trigger the market growth for multi-item patient monitors during the forecast period. Several macro-economic factors like, increase in healthcare expenditure, improved healthcare infrastructure, and rise in disposable income are also expected to contribute to the market growth for multi-item patient monitors.

Growing product penetration and popularity across regions might also drive the multi-item patient monitors market. However, high costs associated with these monitors and poor reimbursement policies for the device might hinder the market growth for multi-item patient monitors during the forecast period.

These monitors also require maintenance and economic crisis in developing regions could also restraint the market growth for multi-item patient monitors over the forecast period.

Multi-item patient monitor Market: Overview 

Global Multi-item patient monitor market has witnessed growth due to increasing number of private healthcare facilities, globally. Multi-item patient monitor are being extensively used for emergency and post-acute care. Increase in adoption of portable multi-item patient monitors is also responsible for expansion of the multi-item patient monitors market.

Wireless technology for several monitors have gained U.S. FDA clearance and are being installed in various hospital settings around the globe. Improved technologies involve mobile augmented reality and wireless sensor network to remotely measure heart rate and body temperature in real time for patient care.

Multi-item patient monitors have gained popularity for home-based care, owing it to the easy-to operate feature of these monitors. Portable multi-item patient monitors have increased the demand of these monitors for emergency, critical and other ambulatory services.

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Multi-item patient monitor Market: Region-wise Outlook 

Geography wise, Multi-item patient monitor market is divided into eight regions viz. North-America, Asia- Pacific excluding China & Japan, China, Japan, Western Europe, Eastern Europe, Latin America and Middle-East & Africa. North America’s Multi-item patient monitor market is expanding because of high product penetration and it will remain dominant during the forecast period because of growing number of intensive care facilities and improved healthcare infrastructure.

Southeast Asia is facing an increase in the trend for these monitors owing it to the use of multi-item patient monitors via Wi-Fi and other networks. Europe’s Multi-item patient monitor market is also expected to grow at a significant rate due to constant technological advancements in multi-item patient monitors and increase in number of private hospitals.

Multi-item patient monitor Market: Key Market Participants 

Some of the market participants in the Global Multi-item patient monitor market identified across the value chain include: GE Healthcare, Mindray, NIHON KOHDEN CORPORATION, Koninklijke Philips N.V., OSI Systems, Inc, Microchip Technology Inc., Hipac Healthcare Pty Ltd, Arjo, Schiller, Heyer Medical AG, SUNRAY MEDICAL APPARATUS CO.LTD, TENKO MEDICAL, Drägerwerk AG & Co. KGaA and Fukuda Denshi

The research report on multi-item patient monitor presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report on multi-item patient monitor provides analysis and information according to market segments such as geographies, application, and industry.

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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 10-years.

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Europe & Asia Pacific Herbal Beauty Products Market is Expected to Reach at US$ 2,571.2 Mn by 2026

Future Market Insights (FMI) delivers key insights on the Europe & Asia Pacific herbal beauty products  market in its upcoming outlook titled, “Europe & Asia Pacific Herbal Beauty Products Market: Industry Analysis and Opportunity Assessment, 2016–2026”. In terms of value, it is expected that the Europe & Asia Pacific herbal beauty products market will register a CAGR of 3.7% during the forecast period due to various factors, on which FMI offers vital insights in detail.

Consumer preference for clean label beauty care products is shifting significantly due to increasing awareness regarding the benefits of herbal and natural ingredients. Consumers are increasingly opting for greener products owing to presence of toxic ingredients in synthetic cosmetic products, which are known to cause various adverse effects. Moreover, consumers are currently more informed regarding the benefits of using herbal products through promotions, advertisements and activities on various social media platforms.

Herbal skin care products improve skin texture, tone and appearance owing to presence of nutrients required to enrich overall skin health. Increasing consumer demand for eco-friendly personal care products has prompted companies to enter into the herbal and natural personal care products market and develop new and advanced products. Manufacturers are continuously launching herbal personal care products with remedial properties and long-term benefits, which is resulting in addressing existing consumer requirements and aiding in expanding customer base.

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Segmentation analysis

  • On the basis of end-use, the Europe & Asia Pacific herbal beauty products market is segmented into male and female. Female segment is estimated to account for the largest share by 2016 end. Male segment is expected to account for substantial growth over the forecast period. Increasing inclination of male consumers towards personal grooming and outward appearance among is expected to support growth of the male segment over the forecast period.
  • Europe & Asia Pacific herbal beauty products market is also segmented on the basis of distribution channel which includes supermarket, specialty stores, departmental stores, drugstores, online/direct selling, and beauty salons. Among all these segments, supermarket segment is expected to account for relatively higher value share during the forecast period. Specialty stores segment has been estimated to occupy the second largest share accounting for 21.1% value share in 2015.
  • As far as the types of herbal beauty products are concerned, Europe & Asia Pacific herbal beauty products market is segmented into skin care, hair care, oral care, and fragrance. Among all these segments, skin care type segment has been estimated to represent 45.7% value share in 2016 and expected to remain dominant over the forecast period.
  • Increasing acne issues owing to increasing humidity and pollution levels is expected to drive growth of the skin care type segment in the market during the forecast period. Skin care segment is sub-segmented into cream & lotion, cleanser & toner, facewash & scrub and others. Among these sub-segments, cream and lotion is expected to account for major value share over the forecast period.
  • Hair care segment is expected to occupy second largest position on the pie in terms of revenue contribution. The Hair care segment is sub-segmented into powder, hair oil, conditioner, shampoo, and others. The Oral care segment is likely to represent substantial growth over the forecast period. The segment is projected to represent 3.1% CAGR in terms of value growth by 2026 end.

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Regional analysis

This report discusses trends driving growth of each segment and offers analysis and insights of the potential of the Europe & Asia Pacific herbal beauty products market in specific region including Asia Pacific (APAC) and Europe. Markets in APAC are expected to record high growth rates in terms of value between 2016 and 2026. Japan has been estimated to be the largest consumer of herbal beauty products followed by China in 2015 across the APAC region.

Vendor insights

This report covers detailed profiles of key players in Europe & Asia Pacific herbal beauty products market, which includes key strategies, key developments, product offerings and others. Key companies profiled in this report are Bio Veda Action Research Co., VLCC Personal Care Ltd., Surya Brasil, Dabur India Ltd., Himalaya Global Holdings Ltd., Lotus Herbals, Hemas Holdings Plc, Sheahnaz Herbals Inc., and Herballife International of America Inc.

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Gynaecological Examination Chairs Market is projected to reach US$ 852.3 Million by 2028

[326 Pages Report] According to a report published by Future Market Insights (FMI), the global gynaecological examination chairs market is expected to witness a CAGR of 6.9% from 2018 to 2028. The market was worth US$ 408.4 Mn in 2017 and is projected to rise to a valuation of US$ 852.3 Mn by the end of 2028.

gynaecological examination chairs market

As a result of the growing demand and expenditure of the consumers, companies are also gearing up in order to take leverage of the arising opportunities and to stay competent in the market. They are strengthening product portfolio by launching novel products with advanced features through product development and acquisitions and mergers. The companies are also concentrating on developing a strong distribution channel and supplier chain in order to expand their presence in the emerging and untapped markets. For instance, in May 2017, Oakworks Inc. announced the introduction of STUDIO, a table designing solution that provides clients with complete flexibility when designing products. Along this line in the same time, the company completed the collaboration with FAMED Medical Solutions. Due to collaboration the company introduce novel iNSPIRITMedical Solutions.

With the growing income of people across the globe, they are willing to pay more for healthcare, the revenue being generated by hospitals is also increasing rapidly. Hospitals and various healthcare facilities are also increasing their spending to enhance the quality of services and their equipment. The proliferating healthcare expenditure is expected to positively impact the gynaecological examination chairs market.

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Key Companies Profiled:

  • Oakworks Inc.
  • Hohnhaus & Jansenberger Gruppe GmbH & Co. KG
  • AGA Sanitaetsartikel GmbH
  • ATMOS MedizinTechnik GmbH & Co. KG
  • Favero Health Projects Spa
  • Schmitz u. Söhne GmbH & Co.KG
  • Lemi Group
  • Malvestio Spa
  • Plinth Medical Ltd
  • Inmoclinc S.A

Advances in Technology to Have a Positive Impact on the Market

The healthcare industry around the globe is booming exponentially. Heavy investments are made in the healthcare industry, especially in the hospital and clinics sectors. The demand for technologically advanced products is increasing among practitioners and physicians for reducing operating and examination time. Adoption of technologically advanced chairs powered by foot switches and remote will be beneficial in adjusting the required height. These advance features provide efficiency in examination. Gynaecologists across the globe are adopting advanced gynaecological chairs that are compatible with video colposcopy device holders, organic waste containers and are made of antimicrobial materials in order to reduce the time and manpower required to manage all the adjustments.

Strict Regulations to Act as a Prime Roadblock in Market Growth

The companies in the market are facing strict regulatory policies in the development of new products for medical furniture, such as examination chairs and tables. The manufactured products should meet the standards of the U.S. Access Board Proposed Standards for Accessible Medical Diagnostic Equipment. Most of the companies are facing difficulties in bringing gynaecology examination chairs to the market without greater predictability and transparency from FDA. The products have to meet the standard of sterilization and environment protection regulation.

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Gynaecological Examination Chairs Market

by Category Product:

  • Non-Electrical
  • Electrical

Price Range:

  • Premium
  • Mid
  • Low

End User:

  • Hospitals
  • Obstetrics & Gynecology Clinics
  • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APECJ
  • China
  • Japan
  • Middle East & Africa (MEA)

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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Connected Drug Delivery Devices Market is projected to reach US$ 1.6 Billion by 2028

[228 Pages Report] According to the analyst of Future Market Insights (FMI), the leading manufacturers of connected drug delivery devices are focusing collaboration with the software companies to assess the cloud data system in their devices.

The market for connected drug delivery devices is foreseen to witness a stellar growth rate of 25.6% from 2013 to 2028 rising to a valuation of US$ 1,304.7 Mn from US$ 132.2 Mn in 2022.

Moreover, it helps the manufacturer to launch the product more conveniently and to enhance their distribution channel. Manufacturers of inhalers to treat asthma and chronic lung disease are racing to develop a new generation of smart devices with sensors to monitor if patients are using their puffers properly.

The companies operating in the global connected drug delivery devices market are OPKO Health Inc., Bayer AG, 3M Company, West Pharmaceutical Services, Inc., and Teva Pharmaceutical Industries Ltd., among others.

Rapidly evolving technologies, for instance, cloud-based computing models, are enabling the healthcare industry towards a transition to a new architecture.

Cloud technology along with advances in mobility and telepresence solutions is expected to create new unwired business models capable of providing healthcare anywhere.

The use of cloud technology will increase, aided by the proliferation of mobile health applications to collect and send vital signs from wireless and wired remote patient and personal health monitoring devices. Cloud-based platforms and new IT service models will fundamentally change the healthcare business equations and create opportunities for new players to enter the industry.

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Growing Demand for Injectable Drug Delivery to Aid Market Growth

The rising preference for injectable drug delivery is anticipated to drive the market for sterile drugs globally. Self-administration of drugs through usage of pre-filled syringes is one of the ways that can help patients to save the fees given to a caregiver. There is an increased demand for large molecule drugs in pre-filled syringes as compared to small molecule drugs in pre-filled syringes

Following this opportunity, the manufacturers are expected to cash in on profits through introduction of smart injectable drug delivery mediums among their portfolio. The progress is expected to be more prominent in the allergic reactions (Anaphylaxis) indication segment. Further, an upsurge in the number of large molecule drugs that need to be manufactured in injectable format is expected to fuel the growth of the market. Likewise, data generated by bioavailability studies is proving to present a definitive relation between pharmacodynamics and pharmacokinetics for such sterile drugs, which is also expected to offer support to the growth of the market.

Mobile applications are also being used for the treatment of patients suffering from Alzheimer, Diabetes, COPD or Asthma. Mobile applications with the use of GPS help to track the patient location. If the patient is travelling away from the home, the caretaker can track the exact location of the patient and also track the consumption of dosage by using mobile application. Most of these applications have been developed for the cloud. Placing the wireless solution on a cloud storage system helps with connectivity issues and makes it easier to communicate across different information regimes.

Limited Knowledge and Adoption Rate among Patients to Hinder Growth Rate

The deployment of connected drug delivery devices is not yet widely promoted within the public health system. This is attributed to the high cost of the product, limited reimbursement, and dearth of awareness among the patients regarding the technology. Moreover, complexity and limited availability of the device further reduces penetration. For instance, interpretation of insulin delivery trend for analysis, is considered to be useful however, because of the complicated user interface, the patients cannot interpret them smoothly. As per the current scenario, such obstacles might directly have an adverse effect on the overall growth of the connected drug delivery devices market.

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Key Segments of Connected Drug Delivery Devices Industry Survey Connected Drug Delivery Devices Market by Product Type:

  • Inhalation Devices
  • Injectable Devices
    • Handheld Injectable Devices
    • Wearable Injectable Devices

Connected Drug Delivery Devices Market by End User:

  • Hospitals
  • Clinics
  • Home Care

Connected Drug Delivery Devices Market by Application:

  • Anaphylaxis
  • Cardiovascular
  • Diabetes
  • Hormone Replacement
  • Others

Connected Drug Delivery Devices Market by Technology:

  • Bluetooth Drug Delivery Devices
  • Near Field Communication Drug Delivery Devices

Connected Drug Delivery Devices Market by Region:

  • North America Connected Drug Delivery Devices Market
  • Latin America Connected Drug Delivery Devices Market
  • Europe Connected Drug Delivery Devices Market
  • East Asia Connected Drug Delivery Devices Market
  • South Asia & Pacific Connected Drug Delivery Devices Market
  • Middle East & Africa (MEA) Connected Drug Delivery Devices Market

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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Staphylococcus Aureus Testing Market is expected to reach US$ 6.66 Billion by 2032

Latest Insights on the Global Staphylococcus Aureus Testing Market

An ongoing study of the research analysts at Future Market Insights (FMI), offers a thorough quantitative and qualitative assessment of the Staphylococcus Aureus Testing market along with easy to grasp tables, graphs, and figures. The Coronavirus (COVID-19) pandemic has caused disruptions in supply chain of the Staphylococcus Aureus Testing market.

However, gradual relaxations in complete full and partial lockdowns are anticipated to ease business processes in near term. Companies in the Staphylococcus Aureus Testing market can gain insights about recent developments of COVID-19 and its impact on the Staphylococcus Aureus Testing market. Get a hands-on over our upcoming report on the Staphylococcus Aureus Testing market to gain an edge over other market players. The market study bifurcates the global Staphylococcus Aureus Testing market in different segments to enhance the reading experience of our clients in its upcoming report.

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The various segments covered in the report are as follows.

By Application

  • Pharmaceutical
  •  Clinical
  •  food testing
  •  other

 By End-Use

  • Hospitals
  •  Diagnostic Clinics
  • Food Testing laboratories
  •  others

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Competitive outlook

The competitive outlook tracks the business proceeding of top-tier market players involved in the Staphylococcus Aureus Testing market. The company profile provides a clear understanding of the growth strategies adopted by various market players.

Key companies covered in the study:

  • Abbott Laboratories Inc.
  • Siemens Healthcare GmbH
  • Bio Rad Laboratories Inc.

Key takeaways from the presented market analysis:

  • In-depth understanding of the innovations in the Staphylococcus Aureus Testing market space
  • Region-wise assessment of the different factors expected to influence market growth in each region
  • Influence of technological advances on the Staphylococcus Aureus Testing market
  • A thorough assessment of growth opportunities for market players in different regions
  • Analysis of the supply-demand ratio in different end-use industries

The market analysis provides answers to some important questions related to the Staphylococcus Aureus Testing market:

  • What is the most common observable trend within the Staphylococcus Aureus Testing market?
  • Which region is set to register the maximum growth in terms of value and market share?
  • Which market players in the Staphylococcus Aureus Testing market are at the forefront in terms of product/technology innovation?
  • Is the current Staphylococcus Aureus Testing market landscape favorable for new market entrants?
  • Which end-use industry is expected to generate the maximum demand for Staphylococcus Aureus Testing during the forecast period?

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Reasons to Opt for Future Market Insights  

  • One of the most established market research firms in India
  • Serving domestic and international clients 24/7
  • Prompt and efficient customer service
  • Data collected from reliable primary and secondary sources
  • Highly trained and experienced team of research analysts

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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Catheter-Directed Thrombolysis Market is anticipated to be valued at US$ 814.0 Million by 2032

[300 Pages Report] The global catheter-directed thrombolysis market is expected to be worth US$ 432.0 million in 2022, rising at a 5.9% CAGR to be worth US$ 814.0 million by 2032.

Catheter-directed Thrombolysis Infection Market: Drivers and Restraints

The primary factor driving the growth of catheter-directed thrombolysis market is increasing the prevalence of stroke, pulmonary embolism and deep vein thrombosis around the globe. Besides that, the rising incidences of obesity along increasing geriatric population will propel the growth of catheter-directed thrombolysis market.

Moreover, the availability of emergency medical services and favourable health insurance coverage will also upsurge the growth of catheter-directed thrombolysis market. The scarcity of high health infrastructure in low economic countries will restrain the growth of catheter-directed thrombolysis market over the forecast period. Furthermore, a minor risk associated with the catheter-directed thrombolysis procedure will also restrain the growth of this market to some extent.

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Thrombolysis is the therapeutic therapy to treat the clots in blot vessel and improve the blood flow to prevent the damage of tissue and organs. Thrombolysis can be done by injection of clot-busting drugs through an intravenous (IV) line or through a catheter which delivers the drugs directly to the blocking sites. Catheter-directed thrombolysis is a minimal invasive treatment which resolves the issue of clotted blood in the blood vessel. When the blood in the body has improper flow, it gets started to coagulate, which results the formation of semi-solid gel or clouting of blood.

The blood clot may continue to grow within the blood vessel and blocks the blood flow within that blood vessel, this may cause the damage of tissue or organ.  The equipment of catheter-directed thrombolysis includes an x-ray camera, catheter, special medications and a medical device is used to dissolve the blood clots.  Along with x-ray camera and catheter, this equipment consists of a radiographic table, one or two x-ray tubes and a monitor to visualize the procedure.

The x-ray imaging is used for guiding the medication to the site of the blood clot. X-ray machine produces the video of entire procedure which may visualize on a monitor. A catheter used during the thrombolysis, long, thin and hollow plastic tube. These catheters are designed in such way that medication can be easily delivered to the blood clotted site. Some other devices are also used with equipment during the procedure, such as ultrasound machine and other devices to monitor the heartbeat and blood pressure.

Catheter-directed Thrombolysis Market: Key Players 

Examples of some of the market participants in Catheter-directed Thrombolysis market identified across the value chain include Angio Dynamics, Inc., Boston Scientific Corporation, iVascular SLU, Straub Medical AG 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.

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The report covers exhaustive analysis on:

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

The regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Catheter-directed Thrombolysis Market: Segmentation

The global Catheter-directed Thrombolysis market is classified on the basis of delivery mode, indication, end user and geographic region.

Based on delivery mode, Catheter-directed Thrombolysis market is segmented into following:

  • Directly delivery to blood clot
  • Positioning medical device at clot site

Based on indication, Catheter-directed Thrombolysis market is segmented into following

  • Pulmonary Embolism (PE)
  • Deep Vein Thrombosis (DVT)
  • Stroke
  • Other

Based on end user, Catheter-directed Thrombolysis market is segmented into following:

  • Hospitals
  • Ambulatory Surgical Center
  • Radiology Clinics

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

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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