Month: August 2021

Intravascular Temperature Management Systems Market Is Anticipated To Show A Robust Growth Rate During The Forecasted Period Of 2021-2031

Intravascular temperature management systems market is anticipated to gain a steady growth pace in 2021 & beyond. Growth of these systems could be mainly due to rise in pervasiveness of cardiovascular ailments, increase in number of surgical procedures executed globally, and rise in adoption of intravascular temperature management.

Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the Key Trends of Intravascular Temperature Management Systems Market. The intravascular temperature management systems report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the intravascular temperature management systems report elaborates the market behaviour of each vendor operating in the intravascular temperature management systems market.

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Traumatic Brain Injury (TBI) Application is poised to Increase

The Traumatic Brain Injury (TBI) is projected to significantly support the growth of the industry. Intravascular cooling methods are being utilized as a precautionary measure to decrease intracranial pressure (ICP) amid TBI treatments. Consequently, the implementation in neurocritical care units of invasive cooling technologies is on the rise.

The report further states that growing number of road accidents and increasing number of weak elderly population have impelled growth of the TBI.

How Big is the US Intravascular Temperature Management Systems Market?

The US is anticipated to remain lucrative on the back of increase in number of surgeries performed in the region throughout the forecast period followed by the UK. Both the US and the UK are anticipated to be potentially lucrative due to presence of robust healthcare infrastructure, significant technological progressions in devices, and rapidly increasing prevalence of neurological disorders.

China, India and Japan are anticipated to offer rewarding prospects for the industry and is anticipated to be growing at the fastest pace in 2021 and beyond. The significant demand for the systems in these region could be due to growing prevalence of chronic conditions and surgical procedures, particularly in elderly populations.

The global intravascular temperature management systems market is segmented on basis of product type, application type, disease condition, end user and geographic region:

Segmentation by Product Type

Intravascular Warming System
Intravascular Cooling System

Segmentation by Application Type

Perioperative Care
Acute/Critical Care
Intensive Care Units
Emergency Rooms
Coronary Care Units
Neurological Care Units
Burn Centers
Neonatal Care Units

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Segmentation by Disease Condition

Traumatic Brain Injury (TBI)
Cardiac Arrest
Stroke
Myocardial Infarction
Fever/Infection
Others

Segmentation by End User

Ambulatory Surgical Centers
Hospitals
Specialty Clinics

Intravascular Temperature Management Systems Market: Key Players

Some of the key players involved in global intravascular temperature management systems market are 3M Company, Becton, Dickinson And Company, Medtronic Plc, Stryker Corporation, Zoll Medical Corporation, Bard Medical, Inc., C.R. Bard Inc. and others.

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Pharmaceutical

Next Generation Patient Monitoring Devices Are Designed For Enhancing Patient Care and Improving Clinical Performance

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Post date August 17, 2021
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The global demand for next-generation patient monitoring devices witnessed major rise in Covid-19 pandemic due to the rising focus on health and well-being amongst the people in 2020. Researches are continuously being undertaken by several manufacturing companies in 2021 to develop highly equipped patient monitoring devices for present as well as future generation patients.

Shifting focus of healthcare industries to value-based and patient-centric monitoring solutions continues to favour market growth. The integration of advanced technologies in wireless devices is a recent trend in next-generation patient monitoring devices.

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Rising number of Covid-19 cases and other fatal diseases are putting a pressure to focus on high-tech patient monitoring devices. The growing demands for advanced medical facilities in 2021 continues to add lucrative progress. Medtronic and Abbott Laboratories are among the best players in this market which are continuously engaged in bringing innovations in their offerings.

Next Generation Patient Monitoring Devices Market: Drivers & Restraints

Several advantages of next generation patient monitoring devices in assisting patient care such as reduced adverse events, improving hospital efficiency, improving patient outcomes, real time data monitoring and storage, lesser hospital stays etc. supports the adoption and market growth of these devices. The next generation patient monitoring devices also has the potential of minimizing the healthcare costs which further fuels their adoption in hospital settings. Several factors such as hospitals financial & budget constraints, lack of advanced medical facilities, lack of trained professionals in various developing as well as under-developed nations restricts the market growth for these next generation patient monitoring devices.

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Next Generation Patient Monitoring Devices Market: Segmentation

Segmentation by Service Type:

MRI Compatible Devices
Non-MRI Compatible Devices

Segmentation by Component:

Wearable component
Non-Wearable component

Segmentation by Application:

Diagnosis
Treatment monitoring

Segmentation by End User

Hospitals
Clinics
Ambulatory Surgical Centers
Diagnostic Centers
Home Care Settings

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Next Generation Patient Monitoring Devices Market: Overview

Companies involved in the Next Generation Patient Monitoring Devices services market are involved in continuous advancement of their manufacturing technologies to develop innovative solution with focus on more precise and low cost devices. These manufacturers are collaborating with healthcare professionals and organizations for network building and increasing sales. The demand of next generation patient monitoring devices in anticipated to increase with the rise in incidences of chronic diseases, increasing aging population and improving healthcare facilities.

Next Generation Patient Monitoring Devices Market Treatment Market: Key Players

Some of the players in the Next Generation Patient Monitoring Devices market includes Boston Scientific Corporation, Koninklijke Philips N.V., Nihon Kohden Corporation, F. Hoffmann-La Roche Ltd., LifeWatch AG, Medtronic, Abbott, eDevice, Isansys Lifecare Ltd, Zywie Inc. etc.

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Pharmaceutical

Microplate Absorbance Reader Market Look a Witness of Excellent Long-Term Growth – Worldwide Survey by 2031

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Post date August 17, 2021
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250 page market research report by Fact.MR, (Leading business and competitive intelligence provider), analyzing how Microplate Absorbance Reader Market sales will grow during 2018 to 2028

The recent study by Fact.MR on Demand of Microplate Absorbance Reader Market offers a 10-year forecast. The Microplate Absorbance Reader Sales study analyzes crucial trends that are currently determining the growth of Microplate Absorbance Reader Market.

This Microplate Absorbance Reader market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Microplate Absorbance Reader along with key stakeholders as well as emerging players associated with the manufacturing of product.

For enhancing readers’ experience, the report starts with a basic overview of Microplate Absorbance Reader Market and its classification.

Microplate absorbance readers have gained increased palpability for use in a wide range of assays, including protein quantitation, microbial and growth. Imparting sensitivity, flexibility, and convenience to the assays is a key aspect that has been driving demand for microplate absorbance readers over the past couple of years.

Key players in the microplate absorbance reader market have been focusing on integrating temperature independent sensor into their microplate absorbance reader designs. The main objective behind this is automation and assurance of accurate absorbance values through detection of pipetting errors.

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Critical insights enclosed in the report:

In-depth assessment of the leading Key players Analysis in Microplate Absorbance Reader Market
The regional analysis of the different market segments and sub-segments
Recent mergers, acquisitions, collaborations, partnerships, and R&D activities.
SWOT analysis of the prominent players in the Microplate Absorbance Reader market
Y-o-Y revenue growth of Microplate Absorbance Reader market during the forecast period
Further, the Microplate Absorbance Reader market Survey report emphasizes the adoption pattern And Demand of Microplate Absorbance Reader Market across various industries.

The Microplate Absorbance Reader Sales study offers a comprehensive analysis on diverse features including production capacities, Microplate Absorbance Reader demand, product developments, Microplate Absorbance Reader revenue generation and Microplate Absorbance Reader Market Outlook across the globe.

The report covers following Microplate Absorbance Reader Market insights and assessment that are helpful for all participants involved in the Microplate Absorbance Reader market:

Data on recently introduced regulations and their impact on key industries and on demand in Microplate Absorbance Reader
Latest industry Analysis on Microplate Absorbance Reader Market, with key analysis of market drivers, trends, and influencing factors
Key trends Analysis of Microplate Absorbance Reader market and changing consumer preferences in major industries.
Changing Microplate Absorbance Reader demand and consumption of diverse products
Major trends underlining funding by key investors in numerous countries
New investment opportunities in diverse technology and product or service types
Comprehensive data and Competitive analysis of Microplate Absorbance Reader major players
Microplate Absorbance Reader market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
Microplate Absorbance Reader demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
The Key trends Analysis of Microplate Absorbance Reader also provides dynamics that are responsible for influencing the future Sales and Demand of Microplate Absorbance Reader market over the forecast period.

Microplate Absorbance Reader Market: Segmentation

Tentatively, global microplate absorbance reader market has been segmented on the basis of type, end user, and geography.
Based on type, global microplate absorbance reader market is segmented as below:
Single-Mode Microplate Absorbance Readers
Multimode Microplate Absorbance Readers

Based on end user, global microplate absorbance reader market is segmented as below:

Biotechnology Companies
Research Institutes
Contract Research organization’s
Others

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Competitive Landscape Analysis On Microplate Absorbance Reader Market:

To provide decision-makers with credible insights on their competitive landscape, the Microplate Absorbance Reader industry research report includes detailed market competitive landscape analysis

The competitive landscape analysis for Microplate Absorbance Reader Market includes detailed profiles of Tier 1, Tier 2, and Tier 3 players. The respective market share of Microplate Absorbance Reader manufacturers is provided so business leaders can understand the market scenario.

List of the Leading Companies Profiled in the Microplate Absorbance Reader Market are:

Some of the players identified in global microplate absorbance reader market include Bio-Rad Laboratories, BioTek Instruments, Inc., PerkinElmer Inc., Thermo Fisher Scientific Inc., Molecular Devices, LLC., Tecan Trading AG, Accuris Instruments and others. The market players are majorly focused on increasing the strong line of distribution channels and marketing of microplate absorbance readers.

A comprehensive estimate on Demand of Microplate Absorbance Reader market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of Microplate Absorbance Reader market during the forecast period. Price point comparison by region with global average price is also considered in the study.

Key Question answered in the Survey of Microplate Absorbance Reader market Report By Fact.MR:

Outlook of Microplate Absorbance Reader Market Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Microplate Absorbance Reader Market
Microplate Absorbance Reader Category & segment level analysis:MR’s Microplate Absorbance Reader market sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify Microplate Absorbance Reader sales potential and set sales targets at local, country, and regional level.
Microplate Absorbance Reader Consumption by demographics: The outlook of Microplate Absorbance Reader market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
Post COVID consumer spending on Microplate Absorbance Reader market: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
Manufacturing trend analysis of Microplate Absorbance Reader : Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments
Microplate Absorbance Reader market Merger and acquisition activity: MR’s analysis also includes merger & acquisition activity analysis. Microplate Absorbance Reader manufacturers and stakeholders will not only know the recent M&As but also understand its impact on competitive landscape and market share
Microplate Absorbance Reader demand by country: The report forecasts Microplate Absorbance Reader demand by country giving business leaders the Microplate Absorbance Reader insights to know fast-growing, stable, and mature markets

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Pharmaceutical

Anesthesia Machines Market- North America to Remain at the Forefront in the Global Market, Finds Fact.MR

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Post date August 17, 2021
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A recent study conducted by Fact.MR reveals that the global market for anesthesia machines is set to reflect a CAGR of 5.4% between 2017 and 2022. Increasing medical tourism, an augmenting number of surgical procedures and rising healthcare spending are some of the primary factors expected to remain instrumental to the growth of the anesthesia machines market.

Today, anesthesia machines are being increasingly incorporated in healthcare systems as they are seen as a key medical apparatus. These machines are also proving to be extremely helpful in ambulatory units and nursing homes. Mostly, professionals with expertise or sufficient knowledge of anesthesiology are certified to operate and handle anesthesia machines. The advance version of the machines offer higher patient convenience and safety. Anesthesia machine and the technology behind it has constantly evolved over the years. The machines used today, are completely different from the conventional versions that were based on pneumatic systems.

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With the rise in the global population, the occurrences of invasive surgeries have also escalated. Factor as such are expected to support the growth of the global anesthesia machines market in years to come. In addition, innovation in technology is encouraging its adoption in the healthcare sector as they become more effective. Most anesthesia machines currently come with leading-edge continuous-flow anaesthetic system that is designed to regulate a precise and continuous supply of anesthetic gases to the patient. The contemporary machines are incorporated with suction unit, patient monitoring devices, and ventilators.

Following takeaways from Fact.MR’s Forecast on the global market for anesthesia machines will play a significant role in market’s future development

Increase occurrence of chronic ailments such as cancer, high cholesterol and diabetes coupled with the expanding pool of the geriatric population is projected to propel the overall growth of the market.
The anesthesia machines market in North America currently accounts for the global market. In addition, North America is expected to remain one of the most attractive market for anesthesia machines over 2022 and reflect a CAGR of over 5%. This is owing to rapid adoption of cutting-edge medical care technologies in the region.
Demand for anesthetic machines in Asia Pacific excluding Japan (APEJ) is also projected to surge at a significant rate during the forecast period. Growing disposable income and rising healthcare awareness among consumers is playing a crucial role in adoption of the anesthesia machines in the hospitals and clinics in the region.

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Based on modality, the standalone segment currently commands for close to 56% market share in terms of revenue. Towards the end of 2022, this segment is estimated to reach a market valuation in excess of US$ 7,081 Mn. Meanwhile, the portable segment is also likely to witness an impressive CAGR between 2017 and 2022.

Competition Tracking

General Electric Company, Spacelabs Healthcare, Shenzhen Comen Medical Instruments Co. Ltd., DRE Medical, Midmark Corporation, Heyer Medical AG, Infinium Medical Inc, Koninklijke Philips N.V., Dragerwerk AG, Shenzhen Comen Medical Instruments Co. Ltd., and Dameca A/S. are among the prominent companies mentioned in the report.

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Pharmaceutical

Endoscopy Ultrasound Market is projected to expand substantially at a CAGR of 5.7% during the forecast period 2021-2026

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Post date August 17, 2021
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The scope of global endoscopy ultrasound market has widened since the past few years. This is primarily attributed to the increased incidences of gastrointestinal cancers across the world. The World Health Organization (WHO) estimates that more than 700,000 cancer-related casualties are a result of stomach cancers. Therefore, adoption of endoscopy ultrasound procedures has become important. Owing to the current COVID-19 pandemic, healthcare workers are delaying elective endoscopic ultrasound procedures to reduce transmission from infected patients to healthcare workers. This is anticipated to moderately impact the market in the near term

On the back of these trends, the global endoscopy ultrasound market is poised to experience a positive growth path, expanding 1.5x during the forecast period (2020-2026). The affordability of endoscopy ultrasound procedures in terms of money as compared to procedures such as Endoscopic Retrograde Cholangiopancreatography (ERCP) shall also augment market growth.

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endoscopy ultrasound market 01

Key Takeaways of Global Endoscopy Ultrasound Market Study:

By product type, the endoscopes segment is anticipated to capture a considerable portion of the global endoscopy ultrasound market. Projections indicate a market share greater than one-third. Important innovations such as installation of transducers and cameras are poised to uplift market prospects.
However, the needles segment is poised to expand rapidly, growing 1.5x and capturing almost a quarter of the endoscopy ultrasound market. Their low cost, single-use feature and application in aspiration and biopsy procedures are key growth determinants for the segment.
By application, the oncology segment shall capture the majority of the global endoscopy market, amounting to more than 3/4th. Increased applicability in detecting and treatment of gastrointestinal cancers, introduction of new techniques such as elastography and contrast-enhanced endoscopy ultrasound (CE-EUS) are important growth levers.
In terms of procedure, the upper EUS segment is anticipated to account for more than 70% of the global endoscopy ultrasound market. Preference for endoscopy ultrasound in diagnostic and therapeutic applications of upper gastrointestinal cancer is augmenting the segment’s growth.
By technology, linear scanning is anticipated to be very lucrative, owing to its suitability in performing therapeutic procedures for various GI cancers and pancreatic conditions. Anticipated CAGR for the linear scanning segment is pegged at 5.8% during the forecast period.
By region, North America shall dominate the global endoscopy ultrasound market, growing at a CAGR of 5.8% and capturing more than 2/5th of the market. This is because of rising demand for more advanced diagnostic procedures to address GI cancers.
Asia-Pacific shows burgeoning market prospects. This is supported by an increasing patient pool suffering from gastrointestinal and pancreatic cancers as well as higher penetration of EUS techniques in hospital and other healthcare settings. The region is anticipated to expand nearly 2.0x, capturing around 2/5th of the global endoscopy ultrasound market.
The COVID-19 pandemic is anticipated to register a marginal decline in the production of endoscopy devices for elective purposes. Key market players such as FUJIFILM have redirected their resources in drug development. FUJIFILM has initiated the third phase of its clinical trial for Avigan anti-influenza drug. The drug specifically inhibits RNA polymerase associated with influenza virus replication.
Companies such as Olympus Corporation have encouraged work from home and restricted international travel of all its employees. The company claims that its operations shall run on a regular basis as certain departments work on a shift-basis.

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“The global endoscopy ultrasound market shows positive growth trends. Rising prevalence of gastrointestinal and pancreatic cancers are anticipated to drive the market growth. Key market players are thus concentrating on technological breakthroughs in order to provide better quality products and solutions,” concludes a Fact.MR analyst.

Global Endoscopy Ultrasound Market: Competitive Landscape:

The global endoscopy ultrasound market is dominated by three market players: are Olympus Corporation, PENTAX Medical (HOYA Corporation) and FUJIFILM Corporation. These companies are constantly innovating their technologies to provide quality solutions to their clients.

For instance, Olympus Corporation is the leading player. It focuses on strong organic growth through new and innovative product introductions. For example, in 2016, the company announced the launch of its EZ Shot 3 Plus single-use aspiration needle for endoscopic ultrasound-fine needle aspiration (EUS-FNA) procedures. Currently, it manufactures the ProSound F75 Endoscopy Ultrasound Processor and the EU-ME2 High Quality Ultrasound Processor.

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Similarly, FUJIFILM Corporation launched its Vevo MD, an ultra-high frequency (UHF) clinical ultrasound system in 2016 after receiving clearance from the U.S. Food and Drug Administration (FDA). Its other imaging solutions include the EG-530 UR Ultrasound Video Bronchoscope and the EG-530 UT Ultrasonic Processor SP-900.

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Tags demand of endoscopes, demand of endoscopic needles, endoscopic imaging systems, endoscopy ultrasound market, endoscopy ultrasound probe demand, sales of endoscopic ultrasound accessories, sales of endoscopy ultrasonic processor

Pharmaceutical

Dental Endodontics Market is projected to reach a valuation of US$ 1.8 Bn by 2025- Exclusive Report by Fact.MR

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Post date August 17, 2021
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Influence of dental tourism to avail affordable, yet quality dental care, in tandem with rising consciousness regarding oral health and hygiene, signifies promising opportunities for players in the dental endodontics market.

A recent study by Fact.MR further analyses the dental endodontics market in detail, and finds that endodontic motor instruments continue to hold a sizeable market share, given their competency to offer time-efficient root canal procedures that help dentists in achieving high productivity. Market players are moving towards nickel and titanium materials to provide high elasticity to endodontic instruments, thereby complementing the adoption rate.

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Despite being conventional, consumables are evolving with advanced technology, and market players are experimenting with various parameters such as design and material to increase convenience for dentists. On the back of growing preference for quicker, safer, and reliable systems, adoption of dental endodontics instruments is projected to remain significantly higher than consumables during the forecast period.

opportunity analysis of dental endodontics market by end users

Key Highlights of Dental Endodontics Market Study

A marked shift from 2D imaging systems to 3D cone beam imaging technology, which is gradually transforming the way dentists collect information, serves as a harbinger of significant adoption opportunities for players in the dental endodontics market.
Accuracy and versatility are viable propositions to achieve marketing success; however, the emergence of laser dentistry as an effective substitute for dental endodontics could challenge the otherwise steady adoption rate of endodontic systems.
Dental clinics would retain their status as primary dental care centres, as short-wait times and cost-effective solutions remain key touchpoints for individuals. On the back of this influential growth enabler, demand for dental endodontics from dental clinics is likely to remain 32% higher than dental hospitals.
Density of the geriatric population is significantly high in Japan, which generates high demand for dentistry in the country. Also, technological advancements come to the disposal of players operating in the dental endodontics market. During the forecast period, Japan is likely to register the highest CAGR of around 6.3%.

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A subject matter expert portends,

“Strong revenue opportunity would open for manufacturers in the dental endodontics market, as dental academic and research institutes are adopting dental endodontic systems to foster innovation and advancement. Intense research undertaken by these institutes is leading to cost-effective development of these systems.”

Strategic Acquisitions to Remain at Leading Players’ Disposal

Strong geographical presence, strategic acquisitions, and collaborations are key strategies undertaken by players in the dental endodontics market to strengthen their market position. For instance, in 2017 COLTENE Holding AG announced the acquisition of Micro-Mega and SciCan, which are key companies working towards the development of dental equipment and materials, by investing around US$ 200 Mn. In addition, in September 2017, Dentsply Sirona announced the acquisition of Healthdent Technologies Inc. to boast a diversified range of root canal treatment solutions.

Prominent as well as emerging players in the dental endodontics market, however, evince high reliance on product innovation and effective marketing strategies to distinguish their brands and increase brand value.

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Find More Valuable Insights on Dental Endodontics Market

Fact.MR, in its new offering, brings to the fore an unbiased analysis of the global dental endodontics market, presenting historical demand data (2015-2019), and forecast statistics for the period of 2020-2025. The study divulges compelling insights on the dental endodontics market on the basis of product (instruments and consumables), and end user (dental hospitals, dental clinics, dental academic and research institutes, and others), across five major regions.

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Pharmaceutical

Optometry Equipment Market is expected to gain US$ 2 Billion worth incremental opportunity by 2029

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Post date August 17, 2021
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Estimated to witness ~4% Y-o-Y growth in the revenues over 2018, the global optometry equipment market is likely to reach ~US$ 4 Bn in 2019. Fact.MR’s latest market intelligence on optometry equipment suggests that ~37% of overall sales are accounted by ophthalmic diagnostic equipment, which points to the soaring significance of diagnostics in the eye car industry. The report also points to the promising progress in the revenue shares of surgery devices in optometry equipment market.

The global optometry equipment market is expected to experience promising growth over the forecast period. The report attributes this growth outlook to an increase in the geriatric population and the subsequent rise in prevalence of Asthenopia (eye strain). Vision loss has been among the most widespread conditions worldwide, particularly in aging population that is more prone to diabetes. This, according to Fact.MR’s research, is accounting for complications in procedures, such as retinopathy leading to vision impairment, which is another factor fueling the growth of optometry equipment market.

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While an increasing number of cataract and glaucoma cases continues to underscore the criticality of pushing the accessibility and affordability of eye care, the report finds that a growing number of multi-specialty clinics, hospital OPDs, and dedicated eye care centers will be a prominent booster. Improving coverage for vision care, particularly in developing economies, is contributing to the efforts in increasing affordability of ophthalmic care, which remains a strong factor boosting sales of optometry equipment over the forthcoming years.

global optometry equipment market snapshot

North America & Europe Collectively Account for ~60% Sales

Technological advancements in optometry equipment have significantly reduced the cost of treatment, which can be attributed to improvements in processes, efficiency, and efficacy of optometry equipment. North America continues to reap the first-mover advantage, as technology remains the cornerstone of steadily expanding optometry equipment landscape. The region, owing to strong presence of practicing ophthalmologists and favorable reimbursement scenario, remains the prime market for the stakeholders in optometry equipment market.

The study opines that Europe is also a developing a lucrative investment pocket for participants, banking on rapidly soaring sales of diagnostic and screening equipment. Fact.MR’s analysis indicates that North America and Europe currently contribute a collective share of ~3/5th of total market revenues.

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An increasing number of optometry equipment clinics & hospitals are being set up across various countries across the globe to meet the needs of the increasing number of patients suffering from eye problems, which is boosting the demand for optometry equipment for onsite installation. For instance, in 2013–2014, the number of hospital visits by patients has increased significantly in the U.K., which has crossed over 100 million outpatient appointments. Of these, 10% were only for eye care, thus boosting the usage and demand of optometry equipment.

The optometry equipment market landscape comprises a select set of national/regional chains and over 10,000 independent providers. Small industry players, which include local manufacturers operating in the optometry equipment market, are looking to expand their network and broaden their reach to patients and referral networks. There has been thus a considerable increase in the number of strategic mergers and acquisitions in the optometry equipment market landscape, over the recent past.

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This Fact.MR study tracks the growth of optometry equipment market between 2019 and 2029. The report has projected a steady ~4% CAGR for the market revenues through 2029.

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Tags advanced optometric devices, cataract surgery devices, eye examination devices, German optometry equipment market, glaucoma surgery devices, global optometry equipment market, optometry equipment devices, optometry equipment manufacturers, optometry equipment market, optometry equipment solutions

Pharmaceutical

Bacteriophage Market projected to expand at a CAGR of over 4% throughout the forecast period of 2021-2030

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Post date August 17, 2021
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Award winning market research company Fact.MR has published the global bacteriophage market research report. According to the study, the market exhibits high growth potential, expected to yield credible gains through 2021. Long-term prospects also appear positive, with a predicted CAGR exceeding 4% through 2031.

The market was valued at approximately US$ 39 million in 2019, with surging applications in gastroenterology underpinning growth. A study conducted by the University of Gothenburg has established that nearly 40% of adults suffer from at least one functional gastrointestinal disorder, with disorders such as inflammatory bowel diseases being highly prevalent. Excessive reliance on antibiotics has led to a surge in antimicrobial resistance, causing numerous GI problems.

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According to the World Health Organization, the rate of resistance such as ciprofloxacin ranges between 8.4% and 92.9% for E. coli, and from 4.1% to 79.4% for K. Pneumoniae. Hence, the medical fraternity is investigating alternative treatment approaches, leading to heightened prospects for bacteriophage based supplements. Manufacturers are augmenting their research capacities, increasing the frequency of clinical trials and funding studies by establishing international level coalitions.

“Growing emphasis on maintaining gut microbiome health is prompting increased consumption of bacteriophage infused supplements and medicines. Recent government legislations such as the emergency investigational new drug (eIND) pathway by the US FDA have enabled healthcare settings to incorporate bacteriophage products in their diagnostics and treatment procedures,” remarks a Fact.MR analyst.

bacteriophage market application

Key Takeaways from Fact.MR’s Bacteriophage Market Study

By product, phage probiotics to enjoy an elevated market share, capturing over 9 out of 10 sales in 2021
Gastroenterology to remain key bacteriophage therapeutics application area, owing to surging digestive tract disorders
Oral bacteriophage products administration to remain highly preferred through 2021
By distribution channel, retail and hospital pharmacies to emerge as the primary bacteriophage selling points
US to experience high growth in bacteriophage sales, amid recent FDA approvals for the oral ingestion of bacteriophage cocktails in dietary supplements
Increasing frequency of inhaled phage therapy to heighten growth prospects across the UK
India, Russia & Georgia to emerge as lucrative bacteriophage markets amid accelerating research and development for determining efficacy of such products

Bacteriophage Market- Prominent Drivers

The global bacteriophage market is driven by unceasing research & development activities for discovering novel treatment approaches
Growing burden of antibiotic resistance is prompting patients to opt for safer alternatives, accelerating growth prospects
Increasing global level coalitions amongst prominent manufacturers to accelerate bacteriophage development to stimulate further growth

Bacteriophage Market- Key Restraints

Non-approval for human consumption by regulatory authorities due to perceived lacunae in effectiveness to restrain growth
Uncertainties regarding potential mutations of bacteria strains leading to phage resistance development to limit commercial availability

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Competitive Landscape

Life Extension, Arthur Andrew Medical, Deerland Probiotics & Enzymes Inc., BioChimPharm, Micreos Human Health, Designs for Health, Accelerated Health Systems Inc., The Biostation, Probiotic America and Microgen are some prominent bacteriophage manufacturers included in Fact.MR’s report. Development of novel phase therapies to cater to specific healthcare requirements.

Life Extension, for instance, manufactures the FLORASSIST^® GI probiotic formula for ensuring the best digestive probiotic benefits. Being gluten free, non-GMO and vegetarian, the formula targets unwanted bacteria with a novel bacteriophage blend with various healthy probiotic strains.

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In 2019, BioChimPharm received a grant from the Georgian Innovation and Technology Agency for its PowerPhage veterinary antimicrobial. The product is highly effective in fighting harmful bacteria such as Salmonella, E. coli and Shigella, eliminating them without harming the beneficial microflora of the organism.

Key Questions Answered in the Report

How is the bacteriophage market expected to assume shape in 2021?
Why is Russia expected to emerge as a lucrative bacteriophage market?
What drivers are expected to underpin future market outlook?
Which restraints are expected to hamper the bacteriophages market growth?
How are regulatory frameworks expected to influence market growth?
Which are the prominent bacteriophage market players?

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Strategic Partnerships and Funding by Manufacturers for Development of Phage Therapeutics

Pharmaceutical companies are collaborating with a collective goal to foster innovation by working with biotech firms and companies, governments, and market stakeholders, to enable supportable investments into a novel pipeline of bacteriophage therapy.

For instance, Janssen Pharmaceuticals, Inc. and Locus Biosciences Inc., in 2019, signed a complete license and collaboration agreement to manufacture, develop, and commercialize CRISPR-Cas3-enhanced bacteriophage (crPhage) products for the treatment of various infections, such as respiratory tract infection caused by two key pathogens, and other related infections. For this, Locus will receive US$ 20 million as an initial payment, which is expected to reach US$ 798 million from future sales of the product.

Such partnerships between pharmaceutical companies are aimed at strengthening and accelerating phage therapy development to introduce new therapies by end of this decade.

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Medical Ceramics Market: A recent study by Fact.MR on the medical ceramics market offers a 10-year forecast from 2021 to 2031. The study analyzes crucial trends that are currently determining market growth. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders and emerging players.

Indirect Calorimeter Market: A detailed assessment of the indirect calorimeter value chain analysis, business execution, and supply chain analysis across regional markets has been covered in Fact.MR’s extensive coverage on the subject. The study incorporates a detailed assessment of the market drivers, opportunities and trends influencing future expansion trajectory over key geographies and segments for the upcoming decade.

Viral Antigens Market: Fact.MR’s incisive coverage on the global viral antigens market provides a holistic view of the prominent expansion dynamics expected to shape future growth prospects. The report covers a detailed analysis of the prominent trends prevailing across key geographies and prominent segments for the next decade.

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Tags advanced bacteriophage platform, bacteriophage formulations, bacteriophage industry, bacteriophage market, bacteriophage probiotics, bacteriophage supplements, bacteriophage technologies, bacteriophage therapy, global bacteriophage market, phage probiotics, therapeutic bacteriophages

Pharmaceutical

Targeted Therapy Drugs Expand the Bandwidth of Injectable Oncology Small Molecule Drugs Industry Finds Fact.MR

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Post date August 17, 2021
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According to a recent study by Fact.MR, sales of oncology small molecule drugs are envisaged to surpass US$ ~66 Bn in 2019, up from revenues worth US$~63 Bn attained in 2018.

Gains are prominently underpinned by spectacular rise in cancer prevalence, rapid proliferation of oncology centers, and improving availability of oral small molecule drugs for cancer treatment. The report suggests that a number of oncology small molecule drugs are getting approvals, which are potentially effective in treating unresectable cancers, which clearly points to a positive growth outlook for the oncology small molecule drugs market.

The oncology small molecule drugs market is growing in parallel with the increasing collaborative efforts and initiatives of biopharma companies, investing in early cancer diagnosis and therapeutics. Increasing number of pipeline studies and rising R&D funding for healthcare industry will continue to create fresh growth avenues in the form of NPDs, thereby driving the growth of oncology small molecule drugs market.

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50% of Sales Remain Concentrated in North America

According to the Fact.MR study, sales of oncology small molecule drugs will remain concentrated in North America, primarily driven by the high prevalence of cancers and advanced treatment infrastructure in the region. Increasing funds from governments as well as private organizations for the development of advanced and improved cancer treatments, will remain the key growth influencers associated with the growth of oncology small molecule drugs market in North America.

In 2018, North America accounted for half the sales of oncology small molecule drugs, and will continue to remain the most lucrative market for stakeholders. Stringent approval regulations, especially in developing countries, such as Japan, will continue to limit the penetration of oncology small molecule drugs in these regions to an extent. Furthermore, Japan, peculiarly having one of the most difficult approval processes for new drug molecules, holds an impressive opportunistic potential for market leaders that are striving for quicker drug approvals by improving R&D processes and expansion strategies, targeting developing countries.

The study opines that advanced and orally viable cancer drugs are adding value to the attractive market potential of oncology small molecule drugs, among an ever-growing pool of patients. Broader factors concerning cancer treatment, especially the unavailability of proper drugs in several regions and laser-sharp focus on increasing drug absorption in cells by leveraging small molecule drugs, are likely to shape revenue generation in the oncology small molecule drugs market.

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oncology small molecule drugs market taxonomy

Key Prominent Players

Novartis AG
Sanofi S.A.
AbbVie Inc.
AstraZeneca plc
Eli Lilly and Company
Bristol-Myers Squibb Company
AstraZeneca plc.

The research report published by Fact.MR on the Oncology Small Molecule Drugs Market provides a detailed overview of the demands and consumptions of various products/services associated with the growth dynamics of the market during the forecast period. The in-depth market estimation of various opportunities in the segments is expressed in volumes and revenues. The insights and analytics on the Oncology Small Molecule Drugs Market span several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.

Regional analysis includes

North America (U.S., Canada)
Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
CIS & Russia
Japan
Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa, Rest of MEA)

The Report Covers Exhaustive Analysis On:

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

The Oncology Small Molecule Drugs Market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.

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The research attempts to answer many queries such as:

What needs are the leading manufacturers trying to meet by the forecast period 2025?
What challenges will vendors running the Oncology Small Molecule Drugs Market go through?
What aspects do the consumers look up while buying Oncology Small Molecule Drugs?
How will the competitive framework look like between the foreseeable period 2018 to 2025?
At present, who is buying your product or service globally?
Who are your primary contenders?
What will be the cost of the products and facilities across various regions?
What are the trends affecting the performance of the Oncology Small Molecule Drugs Market?

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Benefits of Fact.MR Study

Fact.MR has gradually established itself as one of the leading market research companies across the globe. Our unique, methodical, and up-to-date approach towards creating high-quality market reports ensures the reports include relevant market insights. Further, our team of analysts leaves no stone unturned while curating market reports in accord with the requirement of our clients.

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Tags Chemotherapy Drugs, demand for oncology small molecule drugs, Hormonal Therapy, Immunomodulating Drugs, Injectable Oncology Small Molecule Drugs, manufacturers of oncology small molecule drugs, oncology small molecule drugs, Oncology Small Molecule Drugs Market, Oral Oncology Small Molecule Drugs, sales of oncology small molecule drugs, Targeted Therapy Drugs

Pharmaceutical

Revenues from PSA Prostate Cancer Diagnostic Tests Is Projected to Register the Highest CAGR in the Market through 2031

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Post date August 17, 2021
No Comments on Revenues from PSA Prostate Cancer Diagnostic Tests Is Projected to Register the Highest CAGR in the Market through 2031

Impact of Covid-19 on Healthcare Industry

With the pandemic plaguing maximum countries across the globe, healthcare industry is witnessing its fair share of ‘ups and downs’. The COVID-19 has placed an enormous strain on the healthcare sector’s workforce, facilities and infrastructure. Despite the endless pressure, healthcare sector is growing at a moderate pace due to the improvement in infrastructure and advancement in technology, healthcare sector is delivering a healthy performance.

According to the latest report by Fact.MR, the global demand for prostate cancer diagnostics is anticipated to exhibit a steady expansion at 5.3% CAGR during the forecast period 2017 to 2022. In terms of revenues, the market is projected to reach US$ 823.5 Mn in 2017; by 2022 this number is projected to surpass US$ 1,000 Mn.

Diagnosis of prostate cancer is becoming a critical undertaking for medical organizations. Newer treatments on prostate cancer are being developed by considering the scope of diagnostic approach. This emergence of diagnosis-associated treatments on prostate cancer is expected to render higher medical efficiency, providing effective outputs at minimal healthcare spending.

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Through and through, medical organizations are scanning key criteria associated with diagnosis of prostate cancer, tracking parameters such as age of the patient, ethnicity, family medical history, and diet. Considering the sensitivity of organs in the prostate area, patients are also adopting non-invasive diagnosis tests, which is ultimately impacting the products sold in the global market for prostate cancer diagnostics.

Key players in the global market for prostate cancer diagnostics include

Abbott Laboratories
Biocept, Inc.
AstraZeneca plc.
Cancer Genetics, Inc.
Danaher Corporation
Bayer Aktiengesellschaft
Becton
Dickinson and Company
Agilent Technologies
Foundation Medicine, Inc.
Myriad Genetics Inc.

Global Prostate Cancer Diagnostics Market: Segmentation

For clearer understanding of the Prostate Cancer Diagnostics Market, analysts have segmented the market. The segmentation has been done on the basis of application, technology, and users. Each segment has been further explained with the help of graphs figures. This breakdown of the market gives the readers an objective view of the global Prostate Cancer Diagnostics Market, which is essential to make sound investments.

A market research study is incomplete without regional analysis, and we are well aware of it. That is why, the report includes a comprehensive and all-inclusive study that solely concentrates on the geographical growth of the global Prostate Cancer Diagnostics Market.

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5 Estimations from Fact.MR’s Report on the Global Prostate Cancer Diagnostics Market

North America will continue to be the most lucrative region in the global prostate cancer diagnostics market, in terms of revenues. The prostate cancer diagnostics market in North America and Europe are expected to exhibit similar CAGRs through 2022.
The market in Asia-Pacific excluding Japan (APEJ) is expected to register the fastest expansion through 2022. In contrast, prostate cancer diagnostics market in Middle East & Africa will continue to register a sluggish expansion during the forecast period.
PSA tests will continue to be the largest adopted tests for diagnosis of prostate cancer across the globe. PSA test segment is projected to register the highest CAGR in the market through 2022.
Hospital-associated labs are expected to remain the largest end-users of prostate cancer diagnostics in the global market, however revenues from prostate cancer diagnostics in hospital-associated labs will register the lowest CAGR in the market through 2022.
In terms of revenues, cancer research institutes are expected to register the highest CAGR in the market through 2022. Independent diagnostics labs will remain the second largest end users of the prostate cancer diagnostics during the forecast period.

The study also includes accurate estimations about market growth at the global, regional, and country levels. It empowers you to understand why some regional markets are flourishing while others are seeing a decline in growth. It also allows you to focus on geographies that hold the potential to create lucrative prospects in the near future.

By Test Type

PSA Tests
CTC Tests
Immunohistochemistry
PCA3 test

By End User

Hospital Associated Labs
Independent Diagnostic Laboratories
Cancer Research Institutes

Following Questions Answers Covered in the Report are:

How will the global Prostate Cancer Diagnostics Market perform during the forecast period? What will be the market size in terms of value and volume?
Which segment will drive the global Prostate Cancer Diagnostics Market? Which regional market will show extensive growth in the future? What are the reasons?
How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
What are the key strategies adopted by players to sustain themselves in the global Prostate Cancer Diagnostics Market?
How will these strategies influence the market growth and competition?

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Regional analysis includes

North America (U.S., Canada)
Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
CIS & Russia
Japan
Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

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The Report Covers Exhaustive Analysis On:

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

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Tags Prostate Cancer Diagnostics Market, Prostate Cancer Diagnostics Market forecast, Prostate Cancer Diagnostics Market growth, Prostate Cancer Diagnostics Market insights, Prostate Cancer Diagnostics Market report, Prostate Cancer Diagnostics Market size, Prostate Cancer Diagnostics Market survey, Prostate Cancer Diagnostics Market trends