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Pharmaceutical

Stress Urinary Incontinence Market: How Top Leading Companies Can Make This Smart Strategy Work

The detailed research report on the Global Stress Urinary Incontinence Market focuses on the macro as well as microeconomic factors that are helping its development. The report also concentrates on the regulatory framework that is shaping the future of the global market. Furthermore, the research report also makes not of the existing as well as prevailing pricing structure, emerging areas of applications, and imminent investment opportunities in the global market.

The report also offers an in-depth analysis of how the projected growth factors will shape the market dynamics in the coming years of the forecast period. Moreover, it also gives meaningful as well as actionable insights on the key trends that are developing the current market scenario and which will be lucrative for the future of the global Stress Urinary Incontinence market

The research report on the global Stress Urinary Incontinence market also provides an in-detailed analysis of the overall vendor landscape. The report analyzes the key marketing and promotional strategies adopted by the leading companies in the global market. Furthermore, it takes into consideration the existing development, past events, and recent trends to provide a strong and unbiased opinion on the future direction in which these leading companies will be heading into.

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To back its opinion, the research report covers all the factors and events such as mergers, acquisitions, takeovers, joint ventures, and strategic alliances. It also analyzes the entry barriers and overall intensity of the competition in the global Stress Urinary Incontinence market.

Some of the key players mentioned in the research report are

ZSI Surgical Implants, S.R.L, B. Braun Melsungen AG, Teleflex Incorporated and others.

A comprehensive evaluation of recent investments by top players in the Stress Urinary Incontinence market helps identify major research and development initiatives in the key regional markets. The various assessments on the competitive landscape focus on the intensity of competition, entry barriers, PESTLE analysis, and key winning imperatives. The readers can further find pertinent information on the recent market developments such as divestments, entry of players from different industries, licensing deals, and long-term partnerships to consolidate shares by top players.

GLOBAL STRESS URINARY INCONTINENCE MARKET SEGMENTATIONS

The global stress urinary incontinence market is classified on the basis of treatment type, gender, end user and region.

Based on treatment type, stress urinary incontinence market is segmented into following:

  • Devices
    • Urinary Catheters
    • Vaginal pessary
    • Urethral Slings
      • Midurethral Sling
      • Traditional Sling
    • Electrical Stimulation Devices
      • Implantable
      • Non-implantable
    • Artificial Urinary Sphincters
  • Surgery
    • Autologous Fascia Pubovaginal Sling
    • Burch Colposuspension
    • Bulking agents
  • Behavioral Therapy
  • Pharmacologic Therapy
    • α-Adrenergic agonists
    • β-Adrenergic agonists
    • Serotonin and norepinephrine reuptake inhibitors (SNRIs)

Based on gender, stress urinary incontinence market is segmented into following:

  • Male
  • Female

Based on end user, Stress Urinary Incontinence market is segmented into following:

  • Gynecology Clinics
  • Hospitals
  • Ambulatory Surgical Centers
  • Homecare Settings

The regions included in the study on the Stress Urinary Incontinence market are as follows: 

North America: – US & Canada

Latin America: – Brazil, Mexico, Argentina & Rest of Latin America

Europe: – Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe

East Asia: – China, Japan, South Korea

South Asia: – India, Thailand, Malaysia, Indonesia and Rest of South Asia

Oceania: – Australia and New Zealand

Middle East and Africa: – GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa

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The study further identifies major manufacturing trends, technologies that will be commercialized, and  

  • Major manufacturing trends in end-use industries
  • New technologies employed in various application areas
  • Major economic shocks such as the recent COVID-19 pandemic
  • Country markets that will emerge as to be a hotbed of opportunities
  • Regulatory frameworks that will shape the strategies of key players in key regions in the Stress Urinary Incontinence market
  • Key technology trends and the likely rate of commercialization of novel technologies in key industries and allied industries

The detailed market estimations cover the following:

  • Year-over-year growth of various segments
  • Shares and size of the leading regional market
  • CAGR of various key regional markets and their shares in the global market

How will be insights and market estimations provided in the Fact.MR report on the Stress Urinary Incontinence market make a difference:

  • The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
  • The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
  • The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
  • Provides scrutiny of the industry trends that have shaped recent government policies
  • Provides an account of major breakthroughs in all segments that might change the course of the market considerably
  • Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Stress Urinary Incontinence market
  • Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
  • Evaluates the role of various stages of funding on new growth avenues in key regional markets

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 Through the latest research report on Stress Urinary Incontinence market, the readers get insights on:

  • Drivers, opportunities, restraints, and trends that show the impact on the development of the global Stress Urinary Incontinence market.
  • Reliable data on important regions and potential growth opportunities for vendors operating Stress Urinary Incontinence market in those regions.
  • Important insights on consumption, production, history, and forecast on potential avenues in the global Stress Urinary Incontinence market.

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Pharmaceutical

Why has the Flow Cytometry Market in North America Grown so Rapidly

Increased adoption of flow cytometry is an important development in the field of cell biology. Flow cytometry is a widely accepted method in detecting cancers, cell signaling, tumor characterization, fluorescent protein detection and protein-protein interaction. Moreover, flow cytometry is being increasingly used in stem-cell research where scientists examine cell conversions.

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On the back of the aforementioned factors, the global flow cytometry market is set to get leveraged in the future. A staggering CAGR of 11.4% is projected for the forecast period 2020-2025, and the market is anticipated to surpass a valuation of US$ 8,119.6 Mn by the end of the forecast period.

Key Takeaways of Global Flow Cytometry Market Study

  • Cell-based flow cytometry shall dominate the flow cytometry market, projected to account for three-fifth of the total market during the forecast period. The ease of developing models of interconnected cellular pathways for scientists is a major driver behind the segment’s growth.
  • Products & Services-wise, the flow cytometry instruments shall constitute a major chunk of the flow cytometry market. Projections indicate a market share of around 40% for flow cytometry instruments between 2020 and 2025. Greater usage of advanced flow cytometry instruments in novel drug discovery is boosting the market.
  • Pharmaceutical and drug discoveries shall find maximum application of flow cytometry in the future. This is attributed to increased research and development activities by major pharmaceutical companies for therapeutic drug development. The segment is anticipated to hold a market share of around 45% during the forecast period.
  • Academic & Research Institutions are expected to find maximum usage of flow cytometry. The segment is expected to grow staggeringly at a CAGR of 11.6% during the forecast period. Increased research for novelty, efficacy, toxicity and safety of medicines are major drivers for the growth of this segment.
  • North America shall dominate the global flow cytometry market during the forecast period, accounting for more than one-third of the total flow cytometry market. Government campaigns to increase awareness about chronic diseases and increased research and development are factors augmenting the market growth in the region.
  • However, Asia-Pacific is expected to register stellar growth during the forecast period, expanding at a CAGR of 14%. A burgeoning pharmaceutical industry, development of new biologics, vaccines and drugs are expected to leverage future growth of the flow cytometry market.

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Flow cytometry market forecast analysis by Fact.MR

Global Flow Cytometry Market Segmentation

Fact.MR has studied the global flow cytometry market with detailed segmentation on the basis of technology, products & services, application, end-users and key regions.

Technology Products & Services Application End-users Key Regions
Cell-based Reagents & Consumables Pharmaceutical & Drug Discovery Hospitals & Diagnostic Labs North America
Bead-based Flow Cytometry Instruments Diagnostics Academic & Research Institutions Europe
Software Others Asia Pacific
Services Latin America
Middle East & Africa

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Acquisitions to Supplement Market Growth

The global flow cytometry market is dominated by the following players: Becton Dickinson & Company, Merck & Co., Inc., Beckman Coulter, Inc., Thermo Fisher Scientific Inc., SYSMEX CORPORATION, Alere Inc., Miltenyi Biotec, Bio-Techne, Agilent Technologies, Inc. & Bio-Rad Laboratories, Inc. Merck & Co. who constitute the maximum share of the market. The company invests in acquisitions that provide opportunities to supplement organic growth and strengthen product portfolios. Another player, Benton Dickinson and Company, offers Flow Cytometry Instruments, Software, Antibodies and Instruments. These products include BD FACSVerse, BDFACSCelesta and BD LSRFortessa. The company is a leading manufacturer and supplier of flow cytometry devices, antibodies and software.

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Pharmaceutical

Sales of Animal Genetics Market to Reach the Value of US$ 8 Bn by the Year 2026

Recent advancements in genomic technology are extending the frontiers of innovation in livestock production. Easy availability of molecular tools and enzymes, such as Digital Polymerase Chain Reaction (dPCR), to extract vital information about livestock species, is increasing the possibilities to develop embryos of desired gender and traits.

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The livestock revolution trend is found to complement the growth of the food industry. Given the shift from conventional protein sources to animal-derived proteins, lucrative opportunities await players in the animal genetics market to meet the unmet nutrition demand of humans. Growth opportunities are also projected to arrive from the growing significance of pet culture, especially found in developed regions, and gradually moving towards the developing ones. The quest for best-of-breed livestock animals will increase reliance on animal genetics to produce attractive animals, and, in turn, improve the probabilities of pet adoption.

Recalibrating the relevance of these trends, analysts at Fact.MR maintain an optimistic outlook of the animal genetics market growth, with an anticipated CAGR of ~6% during the forecast period (2020-2026).

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animal genetics market

Animal Genetics Market – Assessment of Segmentation

The global animal genetics market is segmented based on product and geography.

Product
  • Live Animals
    • Bovine
    • Porcine
    • Poultry
    • Canine
    • Piscine
    • Others
  • Genetic Material
    • Semen
    • Embryo
    • Others
  • Genetic Testing
Geography
  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • Australia and New Zealand
    • Japan
    • China
    • India
    • Rest of APAC

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Numerous players are involved in the advancement of genetics by collaborating with independent laboratories or by entering into license agreements to leverage technology to develop better breeds. For instance, in January 2019, Neogen Corporation, a prominent player in the global animal genetics market, acquired the Canadian animal genomics laboratory – Delta Genomics Centre – in an attempt to strengthen its hold in the North American market, especially in Canada. Another key player, Genus IntelliGen Technologies, announced the transfer of its sexed genetics technology to Geno, a leading producer of bovine genetics in Norway. This transaction will enable Geno to develop sexed Norwegian Red genetics.

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Pharmaceutical

Why is the U.S a Highly Opportunistic Market for Anti-Snoring Devices

Government initiatives to disseminate information regarding the chronic snoring condition, by organizing health awareness campaigns, are increasing the diagnosis rate of patients. The progressive growth in the number of patients suffering from a snoring condition is unlocking a lucrative atmosphere for market players to experiment with technologies and produce user-friendly solutions. Given the wide availability of advanced solutions, a rapid shift past the inhalation of essential oils towards anti-snoring devices is being noted. Anti-snoring devices are the primary course of treatment of the condition, with more advanced cases treated through surgery. Based on resourceful insights obtained through exhaustive research, Fact.MR’s study foresees steady growth prospects for the anti-snoring devices and snoring surgery market, with a collective value of ~US$ 20 Bn by 2020.

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Key Takeaways of Anti-snoring Devices and Snoring Surgery Market Study

  • The over-the-counter availability of anti-snoring devices give them high sales potential over prescribed devices. Relatively easy FDA approvals of these devices and growing trend of online shopping, will, in turn, amplify the penetration of anti-snoring products on a global level.
  • Uvulopalatopharyngoplasty (UPPP) surgery is projected to remain the surgery of choice during the forecast period (2020-2025), estimated to account for ~41% of the total revenue generated in 2020. However, the recent past has witnessed a rapid increase in the number of outpatient care centers offering treatment for snoring. This, coupled with patients looking for minimally-invasive surgeries, is expected to increase the adoption of Radiofrequency Ablation (RFA) surgery during 2020-2025.
  • Manufacturers are increasingly focusing on developing relatively less-invasive products. In addition, efficiency and portability are projected to remain the focal point of R&D activities undertaken by players in the anti-snoring devices and snoring surgery market.
  • Health insurance companies are now including anti-snoring devices and snoring surgery within their insurance coverage, further increasing their adoption. For instance, Medicare collaborated with ResMed Inc. to reimburse a 3-month trial of a CPAP therapy for patients diagnosed with sleep apnea.

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leading countries anti snoring devices and snoring surgery market

Anti-snoring Devices and Snoring Surgery Market: Key Segments

Authors of the report have segmented the anti-snoring devices and snoring surgery market into key categories in order to study the market at a microscopic level. The key segments considered while bifurcating the anti-snoring devices and snoring surgery market include:

Device
  • Mandibular Advancement Devices (MAD)
  • Tongue Stabilizing Device (TSD)
  • Continuous Positive Airway Pressure (CPAP) Devices
  • Others (e.g. nasal and chin strips, straps, rings, etc.)
Surgical Procedure
  • UPPP Surgery
  • Tonsillectomy and Adenoidectomy Surgery
  • Maxillo-Mandibular and Genloglossus Advancement Surgeries
  • RFA Surgery
  • Pillar Procedure with Palatal Implants Surgery

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Forward Integration – Key Strategy for Market Players

The anti-snoring devices and snoring surgery market is highly fragmented. Market players across various tiers are focusing on product differentiation by introducing compact neoteric devices, especially wireless ones. For instance, Provent – a key market player – integrated Bluetooth technology to develop a disposable, compact, and battery-operated CPAP device, which can be placed over the nostrils to treat snoring. Yet another action plan for players is forward integration by strengthening distribution networks in key markets with high RoI potential, such as China and Germany.

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Pharmaceutical

How is Rising Need for Organ Transplants Aiding Demand for Serological Transplant Diagnostics

Requirement for various reagents, accessories, and systems of serological transplant diagnostics has been increasing year after year. Increase in cases of kidney, lung, heart, liver, and other organ damage has been aiding market growth across regions.

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According to a report titled “Global Facts: About Kidney Disease”, published by the National Kidney Foundation, 10% of the population worldwide is affected by Chronic Kidney Disease (CKD), and millions die each year because they do not have access to affordable treatment.

While such reports give an estimate of the growth scope for players in the serological transplant diagnostics industry, they also help in spreading awareness, which, in turn, works in favor of suppliers of serological transplant diagnostic equipment.

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According to Fact.MR, the global serological transplant diagnostics market is projected to expand at around 2.5% CAGR over the forecast period of 2021 to 2031.

serological transplant diagnostics market

Key Takeaways from Study

  • Surge in demand for reagents and accessories for serological diagnostics to spur the growth of suppliers in this industry
  • Increase in demand for kidney and liver transplant to fuel the sales of serological transplant diagnostic equipment manufacturers
  • Rise in requirement from hospitals and blood banks & transplant centres to cater to the growth of stakeholders in this industry
  • The United States remains the epicentre of the world’s largest market – North America

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  • China to maintain its lead in the world’s fastest-growing serological transplant diagnostics industry – East Asia
  • Germany to exhibit hegemony in Europe for serological transplant diagnostics
  • The United Kingdom, Canada, France, Japan, India, and a few other countries to emerge lucrative destinations over the coming years

“While rise in prevalence of serious lung, kidney, and liver damage is raising requirement for serological transplants, manufacturers of serological diagnostic equipment are focusing on cost-effective and diverse range of solutions in order to increase their sales footprint,” says a Fact.MR analyst.

Who is Winning in this Space?

The global serological transplant diagnostics market is gaining momentum while competition among key players is gradually getting fiercer. In order to remain in their positions, key market players are coming up with more advanced serological transplant diagnostic solutions. For instance,

  • Bio-Rad Laboratories Inc. announced the launch of a Serology Assay to detect coronavirus antibodies in 2020, while it launched its extensive range of bio-rad HLA serology products recently,
  • Agena Bio Science Inc. recently launched its new range of rapid and genetic testing solutions, which are authorized by the Food and Drug Administration (FDA) and are CE-IVD marked in Europe.

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Pharmaceutical

Will Rise in Coagulation Disorders Fuel Demand for Hemostasis Diagnostics

Fact.MR – a market research and competitive intelligence provider, projects the global hemostasis diagnostics market to accelerate at a CAGR of above 7% across the 2021-2031 forecast period.

Hemostasis diagnostics are devices that help in the identification of hemostatic defects, which leads to excessive bleeding. Hemostasis is a process of slowing and stopping blood flow to initiate wound healing after a vascular injury, and is a key procedure acting at the first line of action adopted by the body.

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During the process, blood changes its form from the fluid state to the gelatinous state. Hemostasis is maintained in the body via three mechanisms, namely, vasoconstriction, platelet plug formation, and blood coagulation. Diagnosis helps predict the cause of excessive bleeding during a surgery, and identifies hemostatic defects in patients with a history of excessive bleeding.

Increased occurrence of genetically inherited diseases is likely to fuel demand for hemostasis diagnostics. Increased prevalence of hemostasis disorders is also set to drive market expansion over the coming years.

Key Takeaways from Market Study

  • Global hemostasis diagnostics market to top US$ 7.5 Bn by 2031.
  • Laboratory systems projected to reach around US$ 940 Mn by 2031.
  • Consumables projected to record around 5% CAGR over next 10 years.
  • Market in Japan to record 3% CAGR over forecast period of 2021- 2031.
  • China forecast to reach projected market size above US$ 800 Mn.
  • Market in Canada projected to expand above 6% CAGR over next 10 years.

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hemostasis diagnostics market by FactMR

Market Categorization as Per Hemostasis Diagnostics Industry Research

Product

  • Laboratory Systems
  • Consumables
  • Point-of-Care Testing Systems

Test

  • Prothrombin Test Time (PT)
  • Activated Partial Thromboplastin Time (APTT)
  • Fibrinogen Degradation Products (FDP)
  • Activated Clotting Time
  • Platelet Aggregation Test
  • D Dimer

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Market Competition

Key manufacturers of hemostasis diagnostic products are engaged in regulatory approvals, manufacturing technologically advanced products, launching of new products, and acquisition & collaborative agreements with other companies. These strategies are likely to fuel overall growth of the market.

A few expansion strategies adopted by players are:

  • In 2016, Siemens Healthineers launched Sysmex CS-2500, a new mid-volume coagulation analyzer, which enable labs to provide quality test results and achieve cost-effective method consolidation.
  • In April 2017, Starch Medical Inc. expanded its hemostasis portfolio with the launch of SuperClot Hemostat in Europe.

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Pharmaceutical

How is Rising Awareness Surging Requirement for Cervical Dysplasia Diagnostic Tests

Increase in awareness among females regarding the severity of cervical diseases, across regions, is leading to rising demand for cervical dysplasia diagnostics. As such, there has been a rise in requirement from various end users such as hospitals, diagnostic centers, and ambulatory surgical centers.

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According to a report titled “High Rates of High-Grade Cervical Dysplasia In High-Risk Young Women With Low-Grade Cervical Cytology”, published by the National Center for Biotechnology Information (NCBI) on 6th January 2020, in the past 50 years, incidence and mortality from cervical cancer in industrialized countries has decreased by half because of the introduction of Pap Smear as a screening test. However, cervical cancer is still an exceedingly common cause of death in developing countries.

According to Fact.MR, the global cervical dysplasia diagnostics market is expected to expand at over 7% CAGR during the forecast period of 2021 to 2031.

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cervical dysplasia diagnostics market

Key Takeaways from Study

  • Rise in requirement for diagnostic tests to be witnessed
  • Increase in demand from hospitals to fuel sales
  • The United States to lead demand for cervical dysplasia diagnostics
  • Asia Pacific market to register most promising growth rate, with its epicenters in China and India
  • Some other lucrative regions attracting stakeholders are Germany, Canada, the United Kingdom, and France

“Rise in requirement for various diagnostic tests such as Pap Test and Bimanual Pelvic Examination, to name a few, is catering to the growth of manufacturers providing cervical dysplasia diagnostics,” says a Fact.MR analyst.

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Who is Winning in this Space?

The global cervical dysplasia diagnostics market remains competitive in nature, making it tougher for key players to sail through the cutthroat competition. As a result, key market players are focusing on developing a broader range of products to capitalize on growing opportunities.

For instance,

  • Cooper Surgical launched its new range of products, such as Cervical Cell Collection Device Papette® Sterile, Cervical Cell Collection Device Rovers® Cervex-Brush®, and others, during the last few years.
  • Quest Diagnostics Inc. launched its new set of products, such as CytoComplete™ Solutions, for integrated, streamlined results for Pap and HPV, and others, a couple of years back.

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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

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Pharmaceutical

How is Demand from Medical Diagnostics Sector Fuelling Sales of Ultrasound Systems

Demand for standalone and tabletop ultrasound systems is rising steadily, and industry players are set to witness increase in revenue over the coming years. 2D ultrasound technology is expected remain extremely popular across regions, shaping the expansion strategies of market players.

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The latest revised market study by Fact.MR offers a holistic overview of the global industry along with its driving and restraining factors and demand-supply trajectories for the forecast period of 2021 to 2031. As stated in the report, the global ultrasound systems will ascend at over 6% CAGR topping a valuation of US$ 8.5 billion in 2031.

Key Takeaways from Market Study

  • High requirement for standalone ultrasound systems likely to be witnessed
  • Rise in demand from hospitals to fuel sales
  • Growing application in cardiology to cater to industry growth
  • Surge in demand for 2D ultrasound technology to aid growth of suppliers
  • The United States remains at the forefront of the ultrasound systems industry
  • The market in Germany to exhibit hegemony in Europe
  • China, Japan, India, Canada, France, and the United Kingdom to emerge as lucrative markets
  • Asia Pacific to register the fastest growth throughout the forecast period

ultrasound systems market

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Market Segmentation by Category

  • Portability
    • Standalone Ultrasound Systems
    • Table-Top Ultrasound Systems
    • Portable Ultrasound Systems
  • End User
    • Ultrasound Systems for Hospitals
    • Ultrasound Systems for Diagnostic Centers
    • Ultrasound Systems for Ambulatory Surgical Centers

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Important doubts related to the market clarified in the report:

  1. Which regional market is expected to witness the highest growth during the forecast period?
  2. How has the surging prices of raw materials impacted the growth of the market?
  3. Why are market players focusing on R&D and innovations?
  4. Are market players expanding their global presence? If yes, how?
  5. What is the estimated value of the market in 2019?

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Pharmaceutical

What are the Key Challenges Faced by Providers of Medical Ceramic

Rise in application in various medical fields such as dental implants, bone implants, and kidney dialysis machines and equipment has been fuelling sales of medical ceramic products since the past decade. Despite getting battered due to the onset of COVID-19, overall market outlook remains positive for the future.

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While demand for medical ceramics in X-ray tubes, hand tools, valves, femoral head implants for hip replacement, and other medical applications will become prominent over the coming years, factors such as advancements in medical devices and equipment, increase in per capita expenditure on healthcare, and increasing investments by governments and various organizations in healthcare are forecast to further raise the revenue of medical ceramic product manufacturers.

As stated in a new report by Fact.MR, the global medical ceramics market is projected to ascend at close to 6% CAGR over the forecast period of 2021 to 2031.

medical ceramics market

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Key Takeaways from Market Study

  • High requirement for bioresorbable materials likely to persist
  • Rise in application in dental sector to boost growth of medical ceramic product suppliers
  • Asia Pacific market to exhibit highest growth during the forecast period, with China, Japan, and India at the forefront
  • The United States to take the spotlight in North America
  • Germany remains dominant in the European medical ceramics market
  • France, South Korea, the United Kingdom, Canada, and a few others to emerge as lucrative markets

“Applications of medical ceramics are getting more diverse as manufacturers are targeting a broader range of medical areas, from dental to bone replacement,” says a Fact.MR analyst.

High Demand from Medical Sector Remains Key Driving Factor

Exclusive properties of medical ceramic products such as high compressive strength, hardness, non-toxicity, and availability in various degrees of porosity are making them highly sought-after in broad categories of medical and healthcare applications, such as-

  • Medical tools- blood shear valves for hematology testing, medical pumps, tissue engineering scaffolds, and others
  • Dental Treatment- Dental prostheses, dental implants, and others
  • Bio Ceramics

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According to Select USA, the U.S is the largest medical device market in the world, with an estimated value of US$ 156 billion as in 2017. As per its report, the U.S. medical device industry is subject to reach US$ 208 billion by 2023. This represents the growth scope for stakeholders in the medical ceramics industry.

Who is Winning in This Space?

The global medical ceramics market is highly competitive in nature. In order to secure their positions, key players are developing high-quality, cost-effective products. For instance,

  • 3M Company launched its new range of medical ceramic products such as 3M RelyX™ Cementation Solutions, 3M Dental Adhesives, 3M Dental Composites, and others, a few years back
  • Morgan Advanced Materials PLC launched its new range of products such as Alumina Ceramic Components, Ceramic Cores, Ceramic Injection Moulded Components, and others, over the last 5 years

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2019/07/26/1892334/0/en/Optometry-Equipment-Sales-Surge-in-Line-with-Industry-s-Focus-on-Easy-Access-and-Competitive-Price-Point-Says-Fact-MR.html

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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

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Pharmaceutical

What is the Regulatory Impact on Global Sales of Bacteriophages

Emergence of multi-drug-resistant pathogens, as a result of huge application of antibiotics over a long time, is growing, and becoming increasingly difficult to treat. Bacteriophage technologies have therefore begun to garner great interest as alternatives to antibiotics. Rising prevalence of antimicrobial resistance and limited new antibiotic discoveries and development have sustained innovation and led to a renewal of interest in bacteriophages.

Advantages of phage therapy along with probiotics are gaining importance in the treatment of antibacterial-resistant infections, and demand is expected to grow over the next few years. Currently, players operating in the bacteriophage market are concentrating on meeting the needs of health professionals and patients by introducing novel phage therapies, and are investing in the development of advanced bacteriophage platforms.

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As per Fact.MR’s analysis, the global bacteriophage market was valued at around US$ 39 Mn in 2019, and is projected to expand at a CAGR of over 4% through 2030.

Key Takeaways from Bacteriophage Market Study

  • Phage probiotics to account for over 95% market share in 2020.
  • Gastroenterology is the most lucrative application segment, and holds nearly 94% of the market share.
  • North America and Europe collectively hold over tow-third of the global market share, owing to technological advancements and increasing research & development activities across these regions.
  • Retail and hospital pharmacies to account for over 80% value share through 2030.

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  • The COVID19 pandemic has resulted in a temporary pause of all non-essential and elective procedures. Pharmaceutical manufacturers have been severely impacted, with companies reporting a significant drop in revenue due to supply chain crisis.

Key Market Segments

Product

  • Phage Probiotics
  • Phage Therapeutics

Route of Administration

  • Oral
  • Topical
  • Others

Application

  • Gastroenterology
  • Respiratory Infection Treatment
  • Skin Infection Treatment
  • Wound Prophylaxis
  • Urogenital Infection Treatment
  • Others

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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.

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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

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Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com