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Pharmaceutical

Freezing Bags Market to Witness a Tremendous Growth Due to COVID-19 Pandemic – Exclusive Report by Fact.MR

The global freezing bags market is exhibiting steady growth and the trend is expected to continue for the forecast period between 2021 and 2031.

Rising demand for packaged food and growing disposable income of consumers are some of the key factors, fueling the freezing bag market growth across the globe. Besides this, increasing use of freezing bags for fruit, vegetables, and meat industries has created opportunities for growth of the global market for freezing bags, as per a study by Fact.MR.

Despite the growth, the COVID-19 outbreak had a major impact on the world economy. The pandemic had caused severe economic destruction due to the closure of manufacturing units and choked supply chain and logistics. Nonetheless, pharmaceutical and food industries are expected to emerge stronger as governments slowly ease restrictions imposed. With demand forecast to rise in the future, sales of freezing bags will continue rising at a positive rate.

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Key Takeaways

  • The U.S exhibits high growth in the global freezing bags on the back of sophisticated lifestyles of the people and the growing food industry.
  • Growing urban population and increasing consumption of packaged food are the factors driving the growth of the freezing bags market in the U.K.
  • In terms of region, Asia Pacific is expected to dominate the freezing bags market due to its large consumer base and increasing inclination towards processed and frozen foods.
  • The Middle East and Africa are expected to be the least market growth segment owing to the less adaptability of the freezing bags.

 

Key Drivers

  • Changing lifestyles and the growing spending power of consumers across the globe are the factors fueling the demand for freezing bags.
  • Increasing number of retail stores across the globe is propelling the market growth in a positive way.
  • Rising purchasing power of the middle-class population in developing countries will push the sales of freezing bags in the market.

Key Restraints

  • Rising awareness among people to stop the use of plastic may hinder the market growth of freezing bags.
  • Growing regulations to prohibit the use of plastic may pose a challenge for growth for the global market of freezing bags.
  • Strict regulations and policy measures implemented by the government are restraining the growth freezing bag market.

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Competitive Landscape

Prominent players in the freezing bag market include S. C. Johnson, Great American Packaging, The Glad Products Company, Reynolds Consumer Products, Elevate Packaging, Weston, NatureWorks, Rutan Poly Industries, Inc., Star Poly Bag, Inc., Abbey Polythene, Maxpak Australasia, Falcon Pack, Novamont, Convex Innovative Packaging among others. Some of them are investing in product developments and acquiring other companies to strengthen their presence. For instance,

  • In January 2021, Novamont acquired the complete BioBag Group which helped Novamont to expand its boundaries to North America, Australia, and North-Eastern Europe.
  • In September 2020, NatureWorks announced manufacturing technology projects which assisted NatureWorks to increase the availability of Ingeo (PLA) biomaterial portfolio.

More Insights on the Freezing Bag market:
In its latest report, Fact.MR offers an unbiased analysis of the freezing bag market. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (reusable and disposable), material type (High-Density Polyethylene (HDPE), Medium Density Polyethylene (MDPE), and Low-Density Polyethylene (LDPE)), distribution channel (pharmaceutical industry, chemical industry, and food industry), distribution channel (offline stores and online stores), and across seven regions (North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & Africa).

Read More Trending Reports of Fact.MR : https://www.biospace.com/article/growing-requirement-of-research-activities-to-fuel-demand-for-chromatography-syringes-market-states-fact-mr/

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Shelf Stable Packaging Market: Fact.MR gives a detailed assessment of shelf stable packaging market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the market along with their product portfolios enhances the reliability of this comprehensive research study.

Conductive Plastic Compounds Market: Fact.MR’s expansive conductive plastic compounds market report sheds light on the prominent dynamics expected to shape future growth. The study explicates on the prominent drivers, opportunities and trends prevailing across key segments in prominent end users. Also, information regarding prominent key players has been embedded in the report.

Plastic Protective Packaging Market: Fact. MR’s extensive coverage on plastic protective packaging market offers in-depth insights about the prominent growth dynamics that are likely to aid expansion of growth prospects in the near future. Data has been presented in the form of key segments across prominent geographies, along with important information concerning key manufacturers operating within the industry.

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Pharmaceutical

Asthma Spacers Market is poised to surpass US$ 1803.9 Mn by 2031-end

The global asthma spacers market is expected to grow moderately, at a CAGR of 3.9% between 2020 and 2026. The proliferation of respiratory illnesses such as asthma and allergies on back of pollution and smoking is paving the way for high demand growth of asthma spacers.  The geriatric population of the world is increasing rapidly and is exhibiting heightened disposition for respiratory disorders. Projections indicate that by 2050, more than one-fifth of the world’s population shall constitute the elderly.

Consequently, the number of asthma patients shall increase manifold. The World Health Organization predicts that by the end of 2025, an additional 100 million people shall contract asthma. At present, around 235 million people are affected by asthma. On the back of the aforementioned factors, the market shall surpass a value of US$ 1.8 Bn by the end of the forecast period. Moreover, difficulties using metered dose inhalers (MDI) is expected to further leverage the asthma spacers market.

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Key Takeaways of Asthma Spacers Market Study
  • Aerochambers shall gain significant traction during the forecast period. The segment shall account for more than two-fifth of the market share of the asthma spacers market. Delivery of medicine in a regulated manner and minimum wastage are key factors driving market growth.
  • Micro-spacers and flexi chambers are anticipated to exhibit moderate growth, accounting for a CAGR of 3.9% during the forecast period.
  • North America is set to remain the most attractive market for asthma spacers. A market share of 41% is predicted for the region during the forecast period, surpassing a valuation of US$ 739.61 Mn.
  • Asia-Pacific is catching up, expanding moderately at a CAGR of 4.5%. Burgeoning population, combined with increased expenditure on healthcare are key drivers behind the expansion of the asthma spacers market in the region.

global asthma spacers market 02 by FactMR

“The global asthma spacers market shows significant potential in the future. Growing incidence of asthma among the elderly, combined with a burgeoning population are contributing immensely to the expansion of the asthma spacers market,” concludes a Fact.MR analyst.

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Product Launches and Spontaneous Innovation to Determine Competition Landscape

The global asthma spacers market is highly fragmented. A number of small and large-scale companies operate in the market. The dominant players’ invest heavily in acquiring research and development businesses of smaller companies. Moreover, they also focused on launching new products. For instance, Trudell International invests in continuous innovation in order to broad base its market footprint. Its AEROCHAMBER PLUS FLOW-VU ensures that medicine is delivered where it is required. It consists of a dedicated inhalation indicator which helps co-ordinate actuation with inhalation. Another market player, Medical Developments International, focuses on spontaneous technological innovation to develop patient-friendly markers. For example, the company’s Anti-Static Compact Space Chamber Plus, is equipped with a Cross Valve Technology. This ensures proper delivery of medicine to asthma patients by providing low-resistance, one-way inhalation flow.

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The research study on the asthma spacers market by Fact.MR incorporates an unbiased assessment of key factors and trends responsible for shaping the landscape of the global asthma spacers market over 2020-2026. It includes a detailed assessment of key parameters that are anticipated to exert influence during 2020-2026. Market statistics have been presented on the basis of product type (Aerochambers, Optichambers, Volumatic, Inspirease and Others) and distribution channel (Retail Pharmacy, e-Commerce and Hospital Pharmacy) across five major regions.

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Radiation proctitis treatment market: A recent study by Fact.MR on the radiation proctitis treatment market offers a 10-year forecast analysis for the period 2018 to 2028. The study analyzes key trends that are currently determining the growth of the market. This report covers key dynamics, including drivers, restraints, and opportunities for leading market players along with key stakeholders and emerging players.

Radiation Nephropathy Treatment and Management Market: Fact. MR’s extensive coverage on the radiation nephropathy treatment and management market offers in-depth insights about the prominent growth dynamics that are likely to aid expansion of growth prospects in the near future. Data has been presented in the form of key segments across prominent geographies, along with important information concerning key manufacturers operating within the industry.

Cancer therapeutics market: The global cancer therapeutics market study published by Fact.MR offers an unbiased analysis of the prominent drivers, opportunities and trends expected to shape future expansion outlook. The report provides a comprehensive assessment on the prominent segments and geographies which are likely to benefit market players in forthcoming years.

About Fact.MR

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. We have offices in US and Dublin, whereas our global headquarter is in Dubai. 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. Reach out to us with your goals, and we’ll be an able research partner.

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Pharmaceutical

Histopathology Testing Equipment Market to register a CAGR of 4.8% by the end of 2026

Global sales of histopathology testing equipment surpassed US$ 5,300 Mn in 2017, with consumables leading the growth, according to the findings of a recently published study by Fact.MR.

Rising incidences of cancer and associated mortalities are driving the need for efficient tissue diagnosis. Moreover, growing inclination toward less-invasive diagnostic procedures for cancer and other malignancies drove growth of histopathology testing equipment.

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“The American Cancer Society and National Center for Health Statistics have revealed that cancer cases in Unite States crossed 1,685,000 in 2017 and are likely to increase in the coming years. Likewise, according to WHO (World Health Organization) report, emerging economies such as India are witnessing an increase in cancer mortality rates with India reflecting 79 per 100,000 deaths. This has pushed the demand for efficient diagnosis of the disease, which is expected to translate into an increase in histopathology testing equipment sales crossing US$ 5,500 Mn by end of 2018”. –Lead Analyst, Fact.MR Medical Diagnostics Division

histopathology testing equipment market 1

Consumables are likely to account for nearly 80% revenue share of the market, according to the report. Demand for instruments in the histopathology testing equipment market is projected to expand at a relatively slow pace compared to consumables, making them a lucrative area for manufacturers from an investment standpoint.

Reagents and Antibodies to Spearhead Growth of Histopathology Testing Equipment Market

Sales of consumables in the histopathology testing equipment market are estimated to be on an upswing in 2018, says the report. The growth in sales of consumables is largely attributed to the increasing demand for reagents and antibodies. Increasing use of reagents and kits in genomics, sequencing and diagnosis of chronic diseases remains instrumental in driving their sales worldwide. Fact.MR envisages that demand for reagents and antibodies is projected to expand at a significant rate of over 5.5 % in the coming years.

The growth of histopathology testing equipment market is also influenced by macroeconomic aspects such as rising geriatric population. Increasing geriatric population is closely associated with chronic disorders and diseases, which is expected to push the demand for histopathology testing equipment worldwide.

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On this front, the report reveals that the demand for histopathology testing equipment across emerging economies in Asia Pacific such as China and India is projected to expand at a higher rate. According to United Nations, the number of aging population in India is expected to rise by 64 percent doing the 2015-2030 timeline, whereas China is likely to reflect a 71 percent increase in same time frame. This aspect continues to influence the use of histopathology testing equipment in a bid to reduce mortalities and facilitate health to the aged.

The demand for histopathology testing equipment for disease diagnosis applications is projected to expand at a stellar pace in the future. 2017 witnessed a positive spike in sales of histopathology testing equipment for disease diagnosis and the status quo is likely to continue in 2018 and ahead. Use of histopathology testing equipment in drug discovery is another field triggering the sales of histopathology testing equipment, in turn supporting growth of the overall histopathology testing equipment market, according to the report.

Histopathology testing equipment sales are largely concentrated among diagnostic centers, followed by hospital based laboratories. Sales of histopathology testing equipment among diagnostic centers maintained a 1.4x lead over those in hospitals and the trend is expected to continue in the long run, according to Fact.MR.

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The outlook of the histopathology testing equipment market is likely to remain positive in the future, with the market proceeding at a value CAGR of 4.8% throughout the 2018-2028 timeline.

Explore Fact.MR’s Coverage on the Healthcare Domain

Radiation proctitis treatment market: A recent study by Fact.MR on the radiation proctitis treatment market offers a 10-year forecast analysis for the period 2018 to 2028. The study analyzes key trends that are currently determining the growth of the market. This report covers key dynamics, including drivers, restraints, and opportunities for leading market players along with key stakeholders and emerging players.

Radiation Nephropathy Treatment and Management Market: Fact. MR’s extensive coverage on the radiation nephropathy treatment and management market offers in-depth insights about the prominent growth dynamics that are likely to aid expansion of growth prospects in the near future. Data has been presented in the form of key segments across prominent geographies, along with important information concerning key manufacturers operating within the industry.

Cancer therapeutics market: The global cancer therapeutics market study published by Fact.MR offers an unbiased analysis of the prominent drivers, opportunities and trends expected to shape future expansion outlook. The report provides a comprehensive assessment on the prominent segments and geographies which are likely to benefit market players in forthcoming years.

About Fact.MR

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. We have offices in US and Dublin, whereas our global headquarter is in Dubai. 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. Reach out to us with your goals, and we’ll be an able research partner.

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Burgeoning Demand for Single-Lumen Microcatheters In Healthcare Facilities to Uphold Market Growth: Report Fact.MR

As per Fact.MR – a market research and competitive intelligence provider, the global sales of coronary microcatheters was valued at around US$ 179 Mn in 2020, and is predicted to expand at a CAGR of 6.7% over the forecast period (2021–2031).

Factors boosting demand for coronary microcatheters include rapid adoption of innovative technologies in the healthcare sector and increasing prevalence of cardiovascular diseases across the world. Moreover, increasing number of players in the market is going to make this space highly competitive and also opportunistic. Diseases such as myocardial infarction and number of patients undergoing cardiology procedures such as angioplasty are increasing demand for coronary microcatheters.

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 “Increasing adoption of steerable microcatheters is expected to drive market growth over the coming years,” says an analyst of Fact.MR.

coronary microcatheters market product by FactMR

Coronary Microcatheters Categorization as Per Industry Research

  • By Product

    • Single-lumen Coronary Microcatheters
    • Dual-lumen Coronary Microcatheters
    • Guide Extension Coronary Microcatheters
  • By Tip Type

    • Steerable Coronary Microcatheters
    • Angled Tip Coronary Microcatheters
    • Straight Tip Coronary Microcatheters
  • By Material

    • Stainless Steel Coronary Microcatheters
    • Stainless Steel+ Polytetrafluoroethylene – PTFE Coronary Microcatheters
    • Tungsten-braided Shaft Coronary Microcatheters
    • Platinum/Tungsten Coil Coronary Microcatheters
    • Others
  • End User

    • Coronary Microcatheters for Hospitals
    • Coronary Microcatheters for Ambulatory Surgical Centers
    • Coronary Microcatheters for Cardiac Catheterization Laboratories
    • Coronary Microcatheters for Specialty Clinics

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Key Takeaways from Market Study

  • Single-lumen coronary microcatheters expected to contribute more than 52% revenue share in the market by 2031.
  • Demand for angled tip coronary microcatheters expected to increase at a CAGR of 7.6% due to their mandatory use in angled lesions or vessels.
  • Hospitals to dominate the market among all end-user segments and expected to reach US$ 287.8 Mn by 2031.
  • The U.S. holds a prominent share in the global market due to increasing number of coronary microcatheter manufacturing companies in the country. This market is expected to rise at a CAGR of 7.2% through 2031.

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Market Driver

Obesity has become a major risk factor for a variety of cardiovascular disorders around the globe. Obesity creates an inappropriate or excessive accumulation of fats inside the artery lumen, which can lead to a variety of health issues, including coronary heart disease. Thus, increasing rate of obesity will drive demand for coronary microcatheters across the world over the coming years.

Who is Winning?

The global coronary microcatheters market is set to grow due to rise in demand for minimally invasive procedures. Leading industry players are set to focus on research & development as well as strategic & geographic expansions in order to strengthen their presence across regions.

  • Boston Scientific Corporation
  • Teleflex Corporation
  • ASAHI INTECC USA, INC.
  • Medtronic
  • Terumo Corporation
  • KANEKA CORPORATION
  • CookMerit Medical Systems
  • Merit Medical Systems
  • Nipro Corporation
  • OrbusNeich Medical Company Limited
  • Baylis Medical Company, Inc
  • Interventional Medical
  • Device Solutions (IMDS)

For More Insights https://www.biospace.com/article/cardiac-ablation-technologies-market-growth-will-be-driven-by-high-reliance-of-electro-physiologists-on-new-ablation-devices-fact-mr/

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Fact.MR brings a comprehensive research report on forecasted revenue growth at the global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031.

The coronary microcatheters market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on the basis of product, tip type, material, and end user, and main regions.

About Fact.MR

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. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in 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. Reach out to us with your goals, and we’ll be an able research partner.

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Pharmaceutical

Demand for ELISA Test for Poultry Diagnostics In Asia Pacific Is Anticipated to Surge at an Impressive CAGR of 11% : Fact.MR

The global sales of poultry diagnostics are projected to expand at a healthy CAGR of 9% till 2031, surpassing US$ 660 Mn in valuation, reports Fact.MR, a market research and competitive intelligence provider. Historical data suggests that the market expanded at a CAGR of 8.3% from 2016 to 2020.

The primary cause for significant growth in demand for poultry diagnostics is rising outbreaks of poultry diseases worldwide. These flock infections affect world trade in layers poultry, broilers, and turkeys. As a result, ongoing efforts are being made to increase awareness among farmers about these diseases. Different bacteria, fungi, viruses, protozoon pathogens, and environment and nutritional deficiencies are causing these diseases.

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Rising prevalence of these infectious diseases and growing threat of antibiotic resistant microbes are key factors bolstering demand for poultry diagnostics across the world. Also, concerns of bacterial and viral transmission from birds to human consumers is supporting the use of diagnostics, as poultry consumption continues growing worldwide.

“Growing incidence of zoonotic diseases and rising awareness of consumers towards safety of poultry products to boost demand for poultry diagnostics over coming years,” says a Fact.MR analyst.

Key Segments Covered in Poultry Diagnostics Industry Research

  • By Test

    • ELISA Test (Enzyme-linked Immunoassays)
    • PCR Test (Polymerase Chain Reaction)
  • By Disease

    • Avian Salmonellosis
    • Avian Influenza
    • Newcastle Disease
    • Avian Mycoplasmosis
    • Avian Pasteurellosis
    • Infectious Bronchitis
    • Infectious Bursal Disease
    • Avian Encephalomyelitis
    • Avian Reovirus
    • Chicken Anaemia
  • By Service

    • Bacteriology
    • Virology
    • Parasitology

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Key Takeaways from Market Study

  • By test, ELISA to generate 52% of total market revenue.
  • Market for poultry diagnostics to grow 1.8X in value by 2031.
  • U.S. to remain dominant in North American market expanding at 6% CAGR through 2031.
  • Market for poultry diagnostics in China to surge at CAGR of 12% over analysis period.
  • Within Europe, market in Germany to expand at a CAGR of 7% over next ten years.
  • Demand for PCR tests to rise at a CAGR of 8% over the decade.

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Key Players

  • IDEXX Laboratories
  • QIAGEN N.V.
  • Thermo Fisher Scientific
  • Zoetis
  • GD Animal Health
  • IDvet
  • AffiniTech LTD
  • AgroBioTek Internacional
  • BioNote
  • BioChek
  • Boehringer Ingelheim
  • MEGACOR Diagnostik GmbH
  • BioInGenTech Biotechnologies.

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More Valuable Insights

Fact.MR, in its new offering, presents an unbiased analysis of the poultry diagnostics market, presenting historical market data (2016-2020) and forecast statistics for the period of 2021-2031.

The study reveals essential insights on the basis of test (ELISA test and PCR test), disease (avian salmonellosis, avian influenza, Newcastle disease, avian mycoplasmosis, avian pasteurellosis, infectious bronchitis, infectious bursal disease, avian encephalomyelitis, avian reovirus, and chicken anaemia), and service (bacteriology, virology, and parasitology), across major regions of the world (North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa).

About Fact.MR

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. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in 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. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
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Tel: +1 (628) 251-1583

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Plot No: JLT-PH1-I3A,
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Pharmaceutical

Demand of Respiratory Syncytial Virus (RSV) Molecular Diagnostics Is Predicted to Grow at a Staggering CAGR of 9% By 2031

Fact.MR, a market research and competitive intelligence provider, projects the global demand for respiratory syncytial virus (RSV) diagnostics to progress positively, surging at a CAGR of above 9% across the 2021-2031 forecast period.

Growing demand for point of care testing of respiratory syncytial virus (RSV)-infected patients and developments in the field of specific markers such as proteomics and genomic are set to accelerate market growth over the coming years.

Increase in the number of patients suffering from RSV infections has raised the overall burden of the disease, and, as such, has fuelled demand for RSV diagnostics globally. Approval of respiratory syncytial virus diagnostic assays & kits is further opening up various opportunities for market players.

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North America dominates the market for respiratory syncytial virus diagnostics due to advanced technologies and innovation across the region, while the market in Asia Pacific is expected to surge at a high growth rate over the forecast period due to increasing burden of RSV infections among the population.

“Growing incidence of respiratory syncytial virus infections globally to boost demand for RSV diagnostics over coming years,” says a Fact.MR analyst.

respiratory syncytial virusrsv diagnostics market by FactMR

Key Market Segments Covered in Respiratory Syncytial Virus Diagnostics Industry Research

  • By Technology

    • RSV Molecular Diagnostics
    • RSV Monoclonal Antibodies
    • Immunoassays
    • Differential Light Scattering
    • Artificial Intelligence
    • Liposomes
    • Flow Cytometry
    • Chromatography
    • Diagnostic Imaging
    • Gel Microdroplets
  • By End Users

    • Respiratory Syncytial Virus Diagnostics at Hospitals
    • Respiratory Syncytial Virus Diagnostics at Nursing Homes
    • Respiratory Syncytial Virus Diagnostics at Commercial Laboratories
    • Respiratory Syncytial Virus Diagnostics at Public Health Laboratories

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Key Takeaways from Market Study

  • Market for respiratory syncytial virus diagnostics to grow 2.3X in value by 2031, and reach a valuation of US$ 1.3 Bn by 2031.
  • RSV diagnostic kits & assays account for more one-third of the global market share.
  • Market for RSV diagnostics in China to top US$ 253 Mn by 2031.
  • Demand for respiratory syncytial virus diagnostics in Canada to increase at CAGR of 7.4%.
  • Market in Japan anticipated to expand at CAGR of 6% from 2021 to 2031.
  • New technological advancements in the field of diagnostics to boost market growth over next 10 years.

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Winning Strategy of Key Market Players

Various companies are focusing on organic growth strategies such as product launches, product approvals, and patents. Inorganic growth activities witnessed in the market are acquisitions and partnership & collaborations.

  • Abbott Laboratories
  • Becton
  • Dickinson and Company
  • BioMérieux SA
  • Bio-Rad Laboratories
  • Coris BioConcept
  • DiaSorin Molecular LLC (DiaSorin Inc)
  • F. Hoffmann-La Roche AG
  • Merck KgaA
  • Quest Diagnostics Incorporated
  • Quidel Corporation
  • Thermo Fisher Scientific

For More Insights https://www.biospace.com/article/rising-cases-of-microbial-diseases-add-to-already-high-demand-for-antimicrobial-susceptibility-tests-fact-mr-study/

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Fact.MR, in its new offering, presents an unbiased analysis of the respiratory syncytial virus diagnostics market, presenting historical market data (2016-2020) and forecast statistics for the period of 2021-2031.

The study reveals essential insights on the basis of technology (molecular diagnostics, monoclonal antibodies, immunoassay, differential light scattering, artificial intelligence, liposomes, flow cytometry, chromatography, diagnostic imaging, and gel microdroplets) and end user (hospitals, nursing homes, commercial laboratories, and public health laboratories), across major regions of the world (North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa).

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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. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in 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. Reach out to us with your goals, and we’ll be an able research partner.

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Why are Biopsy Instruments Reprocessing Extensively used in Cardiovascular Surgeries: Latest Fact.MR’s Study

According to a latest report by Fact.MR, a market research and competitive intelligence provider, on medical device reprocessing, the global market is anticipated to top US$ 3 Bn by 2031, surging at a CAGR of 16% over the coming ten years.

Adoption of low-priced reprocessed medical devices is increasing at a rapid pace as compared to brand new devices. Also, elevated efforts for reducing regulated medical waste (RMW) are supporting growth of the market for medical device reprocessing. Furthermore, rising number of surgical procedures associated with growing prevalence of chronic diseases is expected to further nudge market growth in future.

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Medical device reprocessing practices are regulated by various regional regulatory authorities. Changing regulatory scenario favouring medical device reprocessing in several countries such as France and Japan will open up new areas of opportunity for market players.

“Rising efforts towards reducing regulated medical waste to propel demand for medical device reprocessing over coming years,” says a Fact.MR analyst.

medical device reprocessing marketby FactMR

Key Segments Covered in Medical Device Reprocessing Industry Research

  • By Product & Service

    • Reprocessing Support & Services
    • Reprocessing Medical Devices
  • By Device

    • Catheters
    • Laparoscopy Instruments
    • Biopsy Instruments
    • Endoscopy Instruments
    • Cables, Columns, Curves and Cutters
  • By Application

    • Medical Device Reprocessing for Cardiology
    • Medical Device Reprocessing for Gastroenterology, Urology, and Gynaecology
    • Medical Device Reprocessing for Arthroscopy and Orthopaedic Surgery
    • Medical Device Reprocessing for General Surgery and Anaesthesia

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Key Takeaways from Market Study

  • Market for medical device reprocessing to grow 2.2X in value by 2031.
  • Demand for medical device reprocessing support and services to surge at a CAGR of 15% across the forecast period.
  • North America holds 42% revenue share in the global market.
  • Patient preference towards low-cost reprocessed medical devices is the main factor driving this market.
  • Market for medical device reprocessing in China to expand at a CAGR of 15.2% across the assessment period.
  • Demand for cardiovascular reprocessed devices to remain high over next 10 years.
  • Stryker Corporation and Johnson & Johnson are the top two companies providing medical device reprocessing services.

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Winning Strategy of Key Market Players

Top companies operating in the industry are focussed on increasing the safety standards of reprocessed medical devices by adding steps such as sterilization and microbial load testing of the devices.  Key companies are investing in research & development activities to further enhance product quality. Many players are also focussing on developing new techniques of remanufacturing and repackaging medical devices.

  • Stryker Corporation
  • Johnson & Johnson
  • Vanguard AG
  • Medline ReNewal
  • Medtronic plc
  • SteriPro
  • Pioneer Medical Devices AG
  • Vascular Solutions
  • HYGIA Health Services
  • ReNu Medical
  • SureTek Medical
  • Centurion Medical Products Corporation.

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Fact.MR, in its new offering, presents an unbiased analysis of the medical device reprocessing market, presenting historical market data (2016-2020) and forecast statistics for the period of 2021-2031.

The study reveals essential insights on the basis of product & service (reprocessing support & services and reprocessing medical devices) device (catheters, laparoscopy instruments, biopsy instruments, endoscopy instruments, cables, and columns, curves & cutters), and application (cardiology, gastroenterology, urology , gynaecology, arthroscopy, orthopaedic surgery, general surgery, and anaesthesia), across major regions of the world (North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa).

About Fact.MR

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. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in 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. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
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
E: sales@factmr.com
Website: https://www.factmr.com

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Pharmaceutical

Demand for Surgical Medical Lasers Is Poised to Surge at a CAGR of around 8.5% by 2031

As per a new report published by Fact.MR – a market research and competitive intelligence provider, the market for medical laser systems is poised to surge at a CAGR of around 8.5% and top US$ 7.5 Bn valuation by 2031.

Medical laser systems consist of a wide variety of monochromatic lights with a specific wavelength that have strong emissions and are highly concentrated. The characteristics of laser lights are defined by their power, wavelength, and pulsed or continuous wave operation. Laser lights are best known for laser tissue interaction: photothermal reactions, photochemical reactions, and photoablation.

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“With advancements in laser technology, strides taken by photonics in the past decade, growing number of research activities, and collaborations between medical and research institutes have propelled the demand for medical laser systems,” says a Fact.MR analyst.      

Medical lasers are medical devices that use precisely focused light sources to treat or remove tissues, and are used in medical diagnosis and treatments such as photodynamic therapy, laser-assisted procedures, photomedicine, and light therapy. Medical lasers are used in a broad range of applications such as dermatology, ophthalmology, gynaecology, dentistry, and many more.

Medical lasers can be used for very precise surgical procedures due to their specific wavelength, which is focused in a narrow beam and creates a very high-intensity light. Rising demand for advanced laser-based treatments for eye disorders and increasing use of medical laser treatments for chronic diseases are major factors contributing to growth of the global medical laser systems market.

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medical laser systems market by FactMR

Key Segments in Medical Laser Systems Industry Research

  • Product

    • Diode Medical Laser Systems
    • Dye Medical Laser Systems
    • Gas Medical Laser Systems
    • Solid State Medical Laser Systems
  • Application

    • Aesthetic Medical Lasers
    • Ophthalmic Medical Lasers
    • Surgical Medical Lasers
    • Dental Medical Lasers
    • Diagnostic Medical Lasers

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Key Takeaways from Market Study

  • Global medical laser systems market to top US$ 7.5 Bn by 2031.
  • Aesthetic lasers projected to reach around US$ 3.5 Bn by 2031.
  • Ophthalmic lasers projected to record around 5% CAGR over the next 10 years.
  • Market in Japan to record 4% CAGR over the forecast period of 2021- 2031.
  • China forecast to reach a projected market size above US$ 2 Bn by 2031.
  • Market in Canada projected to expand at above 6% CAGR over the next 10 years.

Market Competition

Top companies are adopting several organic and inorganic strategies to strengthen their position in the market. Most are focusing on expanding their production facilities and acquiring other businesses.

A great deal of investments is being made towards R&D projects aiming at developing innovative and advanced medical laser systems. This will further create growth opportunities for market players over the coming years.

  • In 2018, Alcon Inc. launched software and hardware enhancements to the WaveLight Refractive Suite. These new software updates enhance the graphical user interface of the Suite’s WaveNet Planning Station, EX500 Excimer Laser, and the FS200 Femtosecond Laser.

Key Companies Profiled

  • Biolase Inc.
  • Bausch & Lomb Holdings
  • Cardiogenesis Corporation, Inc.
  • Lumenis Ltd.
  • IRIDEX Corp.
  • Novadaq Technologies, Inc.
  • Photomedex, Inc.
  • Spectranetics Corporation
  • Syneron-Candela
  • Alcon Laboratories, Inc.

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Fact.MR, in its new offering, presents an unbiased analysis of the medical laser systems market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031.

The study divulges essential insights on the market on the basis of product (diode laser systems, dye laser systems, gas laser systems, and solid state laser systems) and application (aesthetic lasers, ophthalmic lasers, surgical lasers, dental lasers, and diagnostics lasers), across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa).

About Fact.MR

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. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in 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. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
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
E: sales@factmr.com
Website: https://www.factmr.com

Categories
Pharmaceutical

Tissue Expanders Market to register a CAGR of 6.9% by the end of 2026

Growing prevalence of breast cancer is projected to rev up demand for tissue expanders globally. Moreover, increasing demand for reconstruction of face, neck and forehead due to injuries is projected to impact the global market growth of tissue expanders positively. Fact.MR states that the global market of tissue expanders is projected to reflect a CAGR of 6.9% over the forecast period, 2017-2026.

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Factors Fuelling Growth of the Global Market

Growth of the global global tissue expanders market is mainly bound to various macro-economic and micro-economic factors. Increasing number of breast removal attributed to breast cancer surgeries is projected to rev up demand for tissue expanders globally. World Cancer Research Fund states that breast cancer accounts for nearly 25% of the new cases of cancer and is a common type of cancer globally. Growing need to improve the aesthetic beauty is further expected to contribute towards the global market growth of tissue expanders. Breast tissue expanders continue to remain increasingly preferred and highly popular clinical option among the customers.

According to the Aesthetic Society for Aesthetic Plastic Surgery, breast lift procedures and breast augmentation accounts for 56% of the overall cosmetic expenditures performed in 2016. Increasing number of surgeries has led to increasing demand for the reconstruction of scalp and forehead skin globally. These factors are expected to contribute towards the global market growth of tissue expanders during the forecast period.

tissue expanders market

Increasing number of road accidents lead to various injuries and scars on arms, head, legs and chest. Surge in the number of scars due to increasing number of road accidents is further expected to rev up demand for surgical interventions. According to the World Health Organization, more than 1.25 million people die in road accidents each year. These accidents have significantly led to legs, head, arms and chest injuries globally. Increasing number of road accidents is projected to remain a major factor that has revved up demand for treatment of the accident injuries and scars.

However, breakage or leakage of the silicon expanders is becoming a major concern for the tissue expansion treatment. Growing requirement of replacing the tissue expanders attributed to increasing leakage and spread of saline in the human body continues to increase demand for tissue expanders globally. Such incidences are expected to inhibit the global market growth of tissue expanders during the forecast period.

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Sales through Breast Reconstruction Application to Remain High

As need for reconstructing and uplifting breast arises, demand for anatomical tissue expanders is projected to increase globally. In terms of revenue, the anatomical tissue expanders product type segment is projected to witness robust growth in terms of revenue, recording for more than US$ 100 Mn by 2026-end. Further, the anatomical tissue expanders product type segment is projected to reflect significant CAGR throughout the forecast period.

On the basis of end uses, the specialty clinics end user segment is projected to witness the fastest growth during the forecast period. By 2017-end, the hospital end user segment is projected to witness the highest growth in terms of revenue, representing less than US$ 100 Mn.

Get More Insights- https://www.globenewswire.com/en/news-release/2018/05/03/1495896/0/en/Tissue-Expanders-Market-Breast-Reconstruction-Application-to-Generate-Significant-Revenues.html

Based on application, the breast reconstruction segment is projected to represent a significant revenue growth, accounting for more than US$ 150 Mn by 2026-end. On the other hand, the forehead skin and scalp reconstruction application segment is projected to reflect the highest CAGR throughout the forecast period.

Market Players

Major players in the global market of tissue expanders are Sientra Inc., PMT Corporation, Johnson & Johnson, Allergan Plc, Groupe Sebbin, Polytech Health & Aesthetics, AirXpanders Inc., Koken Co. Ltd., Guangzhou Wanhe Plastic Materials and GC Aesthetics.

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Radiation Nephropathy Treatment and Management Market: Fact. MR’s extensive coverage on the radiation nephropathy treatment and management market offers in-depth insights about the prominent growth dynamics that are likely to aid expansion of growth prospects in the near future. Data has been presented in the form of key segments across prominent geographies, along with important information concerning key manufacturers operating within the industry.

Cancer therapeutics market: The global cancer therapeutics market study published by Fact.MR offers an unbiased analysis of the prominent drivers, opportunities and trends expected to shape future expansion outlook. The report provides a comprehensive assessment on the prominent segments and geographies which are likely to benefit market players in forthcoming years.

About Fact.MR

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. We have offices in US and Dublin, whereas our global headquarter is in Dubai. 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. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com
Research Insight: https://www.factmr.com/report/340/tissue-expanders-market
Press Release: https://www.factmr.com/media-release/329/tissue-expanders-market

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Pharmaceutical

Dental Restorative Supplies Market- Rising Dental Disorder Awareness and Growing Root Canal Treatment Fuelling Adoption

Demand for dental restorative supplies is likely to be on an upswing as several industry-specific and macroeconomic factors continue to influence the dental space. Technological advancements have not left any domain untouched with manufacturers of dental restorative supplies focusing on new innovations in their product lines, says Fact.MR report.

Manufacturers of dental restorative supplies are focusing on developing and using advanced material in a bid to enhance the customer satisfaction quotient, achieving sustenance in the competitive dental restorative supplies marketplace.

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Fact.MR envisages that the demand for dental restorative supplies is projected to expand at a steady CAGR of 4.1% in terms of value during the period of assessment, 2018-2028. Sales of dental restorative supplies during the said period are likely to surpass US$ 6,000 Mn by end of 2028, says the report.

Sales of dental restorative supplies are likely to remain influenced with increasing investments in the dental space. This aspect is further fuelled with growing edentulous population that prefers unanchored dentures and dental cosmetic procedures.

dental restorative supplies market 2

In addition, the rising oral disease burden globally is anticipated to impact the growth of the dental restorative supplies market. World Health Organization (WHO) revealed that oral disease treatments are the fourth most expensive resulting in high economic burden among low and middle class population.

Distributors of dental restorative supplies are playing a major role in enhancing the visibility of dental restorative supplies across regional markets, reveals Fact.MR report. They are focused on enhancing the customer-manufacturer relationship to obtain tangible benefits and are providing information on price adjustments and changing trends.

The report says that the dental restorative supplies are driven toward customers largely by distributors as most of the composite material manufacturers are small scale players.

Sales of dental restorative supplies are expected to remain concentrated in the developed counties of Europe region, particularly the EU-4. Fact.MR foresees that the demand for dental restorative supplies in Europe region is largely influenced with growing cases of dental diseases, which is expected to translate into sales crossing US$ 1,800 Mn in Europe by 2028 end.

The market for dental restorative supplies in Asia Pacific excluding Japan (APEJ) region is expected to be optimistic and manufacturers of dental restorative supplies can expect significant momentum in the emerging countries of China and India during the assessment period.

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Closely following the suit, developed countries in North America, particularly the United States, are likely to showcase notable demand for dental restorative supplies on the back of increasing occurrences of root canal in the region.

Composite dental restorative supplies are estimated to witness significant demand and adoption during the period of forecast. Sales of composite dental restorative supplies are estimated to touch US$ 2,200 Mn owing to their high durability and availability in different shades suiting the aesthetic requirements of the customer.

However, their post-operative sensitivity is expected to confine their scope of application in some cases. On the contrary, impression material is gaining high traction owing to rising demand for indirect restoration procedures, says the report.

Get More insights- https://www.prnewswire.com/news-releases/europe-s-dominion-in-dental-restorative-supplies-sales-to-remain-incontestable-says-fact-mr-866836984.html

Demand for dental restorative supplies in dental clinics is projected to expand at a relatively robust rate throughout the period of assessment as compared to hospitals. Hospitals lack wards needed for dental restoration, which is limiting use of dental restorative supplies in the hospital sector.

Future prospects of the dental restorative supplies market are expected to be bullish on account of changing customer approach toward dental aesthetics and treatment of dental caries coupled with increasing number of dental procedures worldwide. Moreover, environmental concerns associated with use of mercury in dental restorative supplies has led to the development of ceramic material and glass ionomers that deliver higher customer satisfaction in turn facilitating momentum to the adoption of dental restorative supplies.

Explore Fact.MR’s Coverage on the Healthcare Domain

Radiation proctitis treatment market: A recent study by Fact.MR on the radiation proctitis treatment market offers a 10-year forecast analysis for the period 2018 to 2028. The study analyzes key trends that are currently determining the growth of the market. This report covers key dynamics, including drivers, restraints, and opportunities for leading market players along with key stakeholders and emerging players.

Radiation Nephropathy Treatment and Management Market: Fact. MR’s extensive coverage on the radiation nephropathy treatment and management market offers in-depth insights about the prominent growth dynamics that are likely to aid expansion of growth prospects in the near future. Data has been presented in the form of key segments across prominent geographies, along with important information concerning key manufacturers operating within the industry.

Cancer therapeutics market: The global cancer therapeutics market study published by Fact.MR offers an unbiased analysis of the prominent drivers, opportunities and trends expected to shape future expansion outlook. The report provides a comprehensive assessment on the prominent segments and geographies which are likely to benefit market players in forthcoming years.

About Fact.MR

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. We have offices in US and Dublin, whereas our global headquarter is in Dubai. 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. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com
Research Insight: https://www.factmr.com/report/1588/dental-restorative-supplies-market
Press Release: https://www.factmr.com/media-release/556/dental-restorative-supplies-market

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