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Pharmaceutical

Demand for Self-care Medical Devices Market to Expand at a CAGR of 6% Through 2031

As per a new report published by Fact.MR – a market research and competitive intelligence provider, the market for self-care medical devices is anticipated to top US$ 20 Bn by 2031, and is poised to expand at a CAGR of 6%. Demand for blood glucose monitors accounts for 58% of overall market share.

Rise in the prevalence of various chronic diseases has led to the growth of the global self-care medical devices market. These devices assist in better patient compliance and improvement in disease management.

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Recent entry of top-notch technologies has made the invention of a smart tract with real-time health monitoring feature a reality. In addition, rising awareness among people regarding these devices will further propel demand for self-care medical devices in the years to come.

Augmented knowledge of one’s condition of health and advantages pertaining to the use of medical gadgets such as glucose monitors and insulin pumps is further likely to pave way for the growth of the global self-care medical devices market over the years.

Key Takeaways from Market Study

  • Valuation of self-care medical devices was estimated at US$ 13 Bn in 2020, and is expected to top US$ 20 Bn by 2031.
  • Key factors driving demand for self-care medical devices include new technological advancements and rising demand for homecare treatments.
  • North America holds close to 40% of the market share for self-care medical devices.
  • In China, demand for self-care medical devices was estimated at US$ 4 Bn in 2020, and is anticipated to expand at a CAGR of 9% over the coming ten years.
  • Demand for blood glucose monitors accounts for 58% of market share for self-care medical devices.
  • Global demand for blood pressure monitors is anticipated to reach a valuation of around US$ 3 Bn by 2031-end.

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self care medical devices market by FactMR

Key Segments Covered in Self-care Medical Devices Industry Research

By End User

  • Self-care Medical Devices for Geriatrics
  • Self-care Medical Devices for Pediatrics
  • Self-care Medical Devices for Adults
  • Self-care Medical Devices for Pregnant Women

By Distribution Channel

  • Self-care Medical Devices Sold at Pharmacies
  • Self-care Medical Devices Sold through Online Stores
  • Self-care Medical Devices Sold at Supermarkets and Hypermarkets

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Winning Strategy

Major players in the market are adopting strategies such as launching new products to expand their product portfolios and investing in new R&D projects aimed towards product innovation.

Many manufacturers are working towards making portable and easy-to-use devices.  New and upcoming companies can direct their focus towards product innovation and carrying out awareness campaigns for better reach and costumer acquisition.

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Will Rise in Hospital-acquired Infections Fuel Demand for Medical Device Cleaning

Fact.MR – a market research and competitive intelligence provider, projects the global medical device cleaning market to have a positive outlook, expanding at a CAGR of above 6% across the 2021-2031 forecast period.

Medical device cleaning is a vital and important part of any surgical process. Most medical devices are reused in healthcare procedures, such as scissors, scalpels, retractors, endoscopes, and forceps. To avoid any kind of infection among patients and healthcare workers, medical device need to be sterilized and cleaned properly before using in consequent surgical procedures.

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Medical device cleaning contains disinfectants and detergents that are used for cleaning and sanitization of medical devices. Various types of chemicals and detergents are used in medical device cleaning according to the type of the device. Glutaraldehyde, enzymatic and non-enzymatic detergents, alcohol, and peracetic acid are widely utilized medical device cleaners around the world.

Government organizations across the globe are involved in issuing guidelines for spreading awareness about efficient infection prevention measures, which is expected to contribute to the growth of the overall market during the forecast period.

Key Takeaways from Market Study

  • Global medical device cleaning market to top US$ 2 Bn by 2031
  • Disinfection segment projected to reach around US$ 1 Bn by 2031
  • Automatic cleaning projected to record around 4% 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$ 460 Mn by 2031
  • Market in Canada projected to expand at above 3% CAGR over the next 10 years

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medical device cleaning market by FactMR

Key Segments in Medical Device Cleaning Industry Research

Process

  • Disinfection
  • Automatic Cleaning
  • Manual Cleaning
  • Precleaning

Application

  • Medical Device Cleaning of Surgical Instruments
  • Medical Device Cleaning of Endoscopes
  • Medical Device Cleaning of Ultrasound Probes
  • Medical Device Cleaning of Dental Instruments

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Market Competition

Companies leverage strategic collaborative initiatives to increase their market share and profitability. Companies operating in the market are also acquiring start-ups working on medical device cleaning processes to strengthen their product capabilities.

  • In 2020, Getinge announced the acquisition of 100% shares of Quadralene. Quadralene is a global manufacturer of, and expert in, decontamination products such as detergents and disinfectants for the healthcare and dental sector.
  • In 2019, Fortive completed the acquisition of the Advanced Sterilization Products business segment from Johnson & Johnson, which also includes the STERRAD Sterilization System.

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Pharmaceutical

Demand for Americas Hospital Acquired Infection Testing Market to Attain a Valuation of US$ 2.7 Bn by 2031 End

As per Fact.MR – a market research and competitive intelligence provider, the Americas hospital acquired infection testing market was valued at US$ 595 Mn in 2020, and is expected to exhibit a CAGR of around 15% over the forecast period (2021-2031).

Infants, elderly people, and people with weak immunity systems are at a greater risk of developing hospital acquired infections (HAIs). Many common antibiotics are resistant to various organisms present in hospitals. Widespread use of antibiotics in hospitals promotes the development of resistant bacteria. Urinary tract infection (UTI), surgical site infections, pneumonia, lung infections, and bacterial infections are commonly acquired hospital infections.

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As per the Centers of Disease Control and Prevention (CDC) estimates, in hospitals across the Americas alone, 1.7 million patients suffer from HAIs and 99,000 deaths occur every. This high mortality rate associated economic burden has compelled healthcare providers to device an effective strategy to lower infection rates.

The current COVID-19 pandemic crisis is expected to have a moderately positive impact on market growth. This can be attributed to growing number hospitalizations due to COVID-19 across the Americas. Prolonged hospital stays and frequent use of ventilators increase the chances of patients acquiring infections. Thus, as the number of hospitalizations is high, demand for HAI testing kits is expected to see a rise.

Key Takeaways from Market Study

  • By test, helicobacter pylori testing kits hold around 26.4% value share of the total Americas market.
  • Based on modality, point-of-care testing is leading with 69% market share.

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  • By end user, diagnostic laboratories dominate the HAI testing market with a value share of 35%, while on the other hand, home care settings are expected to increase at a higher CAGR of 23%.
  • By country, the U.S. dominates the Americas hospital acquired infection testing market with a value share of 58%.

americas hospital acquired infection testing-market competition by FactMR

Segments as per Americas Hospital Acquired Infection Testing Industry Research

Modality

  • Immunoassay Testing
  • Point-of-care Testing

By Sample

  • Blood
  • Nasal Swabs
  • Urine
  • Stool

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Who is winning?

The Americas market is set to expand due to rise in incidence of hospital acquired infections. Leading industry players are set to focus on research & development as well as strategic & geographic expansion in order to strengthen their presence in the region.

Some of the leading players in the market include, but not limited to, Altona Diagnostics, bioMérieux SA, Abbott, ThermoFisher Scientific, Danaher Corporation, ELI Tech Group, Becton Dickinson, Hoffmann-La Roche Ltd, Qiagen, Pro-lab diagnostics, Liofilchem, savyonDiagnostics, and CTK Biotech.

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Latest Now: Intradermal Injections Market Estimated To Experience A Hike In Growth Global Industry Size, Growth, Segments, Revenue, And Manufacturers

This detailed report on the Intradermal Injections Market largely focuses on prominent facets such as product portfolio, payment channels, service offerings, applications, in addition to technological sophistication. The report lends versatile cues on market size and growth traits, besides also offering an in-depth section on opportunity mapping as well as barrier analysis, thus encouraging report readers to incur growth in global Intradermal Injections market.

In its recently added report by Fact.MR has provided unique insights about Intradermal Injections Market for the given period. One of the main objectives of this report is to categorize the various dynamics of the market and to offer the latest updates such as mergers and acquisitions, various technological developments, new entrants in the market, which make an impact on different segments.

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The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with a detailed understanding of the core competency of each activity involved. The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.

Our analysis involves the study of the market taking into consideration the impact of the COVID-19 pandemic. Please get in touch with us to get your hands on exhaustive coverage of the impact of the current situation on the market. Our expert team of analysts will provide as per the report customized to your requirement.

The following Manufacturers are covered:

BD, OraSure Technologies Inc, West Pharmaceutical Services, Inc., Kyoto Kagaku Co. LTD., Terumo Corporation, Bristol-Myers Squibb Company, and others.

Intradermal Injections Industry – Research Objectives 

The complete report on the global Intradermal Injections market initiates with an outline of the market, followed by the size and objectives of this study. Following this, the report provides a detailed explanation of the objectives behind this study, regulatory scenario, and technological advancements. The readability score of the report is good as it offers chapter-wise layout with each section divided into a smaller sections. The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.

GLOBAL INTRADERMAL INJECTIONS MARKET: SEGMENTATION

The global Intradermal Injections market can be segmented on the basis of application type, end users, and geography.

Based on Methods, the global Intradermal Injections market is segmented as:

  • With Normal-sized Needles (Mantoux)
  • With Short Needles
    • Intradermal microinjection
    • Microneedle arrays
    • Tattoo devices
  • Without Needles
    • Intradermal liquid jet injectors
    • Ballistic intradermal injectors

Based on Application, the global Intradermal Injections market is segmented as:

  • Tuberculin Skin Testing
  • Allergy Testing
  • Local Aesthetics
  • Others

Based on end user, the global Intradermal Injections market is segmented as:

  • Hospitals
  • Diagnostic Laboratories
  • Academic and Research Institutes
  • Others

Key geographies covered in the global Intradermal Injections market report comprise:

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

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Intradermal Injections Market has been categorized by players/brands/regions type application. It studies the global market status, market share, growth rate, future trends, and sales channels. The comprehensive research empowers the consumer to look at the possible requirement as well as foresee the implementation. The Intradermal Injections industry report highlights the restraints and drivers following a deep study of the global market. It focuses on the different market segmentations to realize its full client potential.

Research objectives of this report are:

–To understand the structure of Intradermal Injections Market by identifying its various sub segments.

–Focuses on the key global Intradermal Injections manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

–To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

–To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

–To strategically profile the key players and comprehensively analyze their growth strategies.

–To analyze the Intradermal Injections with respect to individual growth trends, future prospects, and their contribution to the total market.

The global Intradermal Injections Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

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Reasons To Purchase This Market Report:

–Better extension of trade and auction activities respecting businesses through the delivery of prospective data for the clients.

–Complete understanding of the global market.

–Identification of potential suppliers as well as partnerships in the report.

–The global Intradermal Injections market research report studies the latest global trends, up-to-date and thorough competitive analysis, along with various other key features of the worldwide market.

–The potential future partners, suppliers or affiliates have also skillfully been trained in the report.

To conclude, the Intradermal Injections Market report will provide the clients with a high-yielding market analysis assisting them to understand the market status and come up with new market avenues to capture hold of the market share.

Why Choose Fact.MR?

  1. Deliver updated information on the current industry trends
  2. Available 24/7 to facilitate clients with unbiased solutions
  3. Embrace digital technologies to offer accurate business ideas
  4. Exhaustive supply chain augmentation analysis
  5. Provide reports strictly according to the requirements of the clients

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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 analysed. 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

Global Anaphylaxis Treatment Market 2021 Future Set to Massive Growth with High CAGR value

The latest Fact.MR report on the Anaphylaxis Treatment Market gives a 360-degree view of this market. It provides reliable data on drivers, restraints, challenges, and opportunities in the market for Anaphylaxis Treatment. This aside, the report gives a clear idea on the demands and consumption of diverse products/services related to the growth dynamics of the Anaphylaxis Treatment market during the historical period of 2021 to 2028.

The report presents a thorough analysis of diverse avenues in various segments of the Anaphylaxis Treatment market during the tenure of 2021 – 2028. It provides data on the Anaphylaxis Treatment market through various sections, such as key players, competitive landscape, opportunity assessment, regional segmentation, and application/ end-use analysis.

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The recent COVID-19 pandemic has compelled major stakeholders in the Anaphylaxis Treatment market such as policymakers, industry players, and investors from gamut of countries to constantly realign their approaches and strategies. These moves are necessary to deal with the setback occurred due to COVID-19 pandemic and tap into new avenues for growth of their businesses. The report on the Anaphylaxis Treatment market sheds light on all strategies employed by industry leaders to sustain in this pandemic. Through this study, the report presents reliable data on the latest policies and amendments by government bodies amid COVID-19 disruptions.

Through this report, reader gets insights and assessments on following aspects:

  • Latest guidelines in important sectors influencing the overall demand in the Anaphylaxis Treatment market
  • Detailed profiling of diverse companies operating in this market
  • Important trends underlining high investments by top shareholders in diverse countries
  • Shifting consumer preferences and latest trends in key industries
  • Latest opportunities for investments in diverse technology and product/service types
  • Varying demand and consumption of diverse product segments

Analysts of the Anaphylaxis Treatment market report are assessing the intensity of competition, SWOT analysis, and factors affecting the degree of barrier entry. Top players covered in the report are:

Impax Laboratories Inc., Lincoln Medical Ltd., Mylan N.V., Adamis Pharmaceutical Corporation, MannKind Corporation, Pfizer Inc., GlaxoSmithKline Plc., Merck & Co., Inc., Teva Pharmaceutical Industries Ltd., ALK-Abelló, and others.

The insights and estimations offered in this report are the output of consistent research by Fact.MR analysts. The unique approach and effective guidance offered in this report will help stakeholders to comprehend the growth dynamics of the Anaphylaxis Treatment market.

GLOBAL ANAPHYLAXIS TREATMENT MARKET SEGMENTATION

The global Anaphylaxis Treatment market is segmented by medication type, route of administration, allergy type, distribution channel and regions:

  • Anaphylaxis Treatment Segmentation by Medication Type
    • Epinephrine
    • Antihistamines
    • Steroids
    • Beta-Agonist
    • H2 blockers
    • Vasodilators
    • Others
  • Anaphylaxis Treatment Segmentation by Route of Administration
    • Oral
    • Parenteral
    • Others
  • Anaphylaxis Treatment Segmentation by Allergy Type
    • Food Allergy
    • Medications
    • Insect Stings
    • Latex Allergy
    • Others
  • Anaphylaxis Treatment Segmentation by Distribution Channel
    • Hospital Pharmacies
    • Retail Sales
    • Drug Store
    • Mail Order Pharmacies
    • Others

The important geographical segments of the global Anaphylaxis Treatment market are as follows:

— North America (U.S., Canada)

— Latin America (Mexico, Brazil)

— Western Europe (Germany, Italy, France, U.K, Spain)

— Eastern Europe (Poland, Russia)

— Asia Pacific (China, India, ASEAN, Australia & New Zealand)

— Japan

— The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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This study offers all-inclusive data on:

  • Important guidelines and standards implemented by government bodies together with spotlight on potential changes in the post-COVID period
  • Study of policies in developed as well as developing countries to comprehend what aspects are important in assisting players to bounce back after COVID-19 outbreak
  • Assessment of size and shares of important product segments
  • Study of various technologies that are playing key role in fueling the demands in Anaphylaxis Treatment market
  • Synopsis of present and potential research and development activities by private Anaphylaxis Treatment industry player as well as public institutions
  • Detailed study of the monetary disruptions that are likely to stay for few months following the COVID-19 pandemic in the worldwide locations
  • Technological advancements and healthcare infrastructures that will assist in comprehending the readiness of government bodies of diverse countries to handle such pandemic situation

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Key highlights of this report

  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • Offers a clear understanding of the competitive landscape and key product segments

The report gives an objective and pragmatic outlook on key trends pertaining to:

  • Consumer buying patterns and propensities
  • Changes in consumer sentiment due to the pandemic and other subsidiary factors
  • The net change in market demand over the past years
  • The leading industrial trends that have contributed to market maturity
  • Use of new technologies and development of fresh products/services by the vendors

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About Us:

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 analysed. 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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Suite 400

Rockville, MD 20852

United States

Tel: +1 (628) 251-1583

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Plot No: JLT-PH1-I3A,

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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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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 analysed. 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’s Augmenting Demand for Animal Drug Compounding in the United States

Manufacturers of animal drug compounding products are expected to witness steady growth in demand over the coming years, with rise in requirement for oral, injectable, and topical routes of administration across regions. Demand for anti-infectives will rise the fastest, giving a boost to market expansion.

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As stated in a new report by Fact.MR, North America and Europe will emerge as leading regional markets for animal drug compounding, while Asia Pacific will exhibit the fastest growth throughout the forecast period of 2021 to 2031. The global animal drug compounding market is projected to progress at a moderate CAGR over the next ten years.

Key Takeaways from Market Study

  • High requirement for anti-infectives likely to be witnessed.
  • Oral and injectable segments to boost sales in terms of route of administration.
  • Companion animal segment to emerge lucrative across regions.
  • Capsule and suspension forms of dosage to augment demand growth.
  • The United States remain a huge market for animal drug compounding.
  • Germany to exhibit hegemony in Europe’s market for animal drug compounding.
  • Asia Pacific to emerge the fastest-growing region for manufacturers of animal drug compounding products.
  • The United Kingdom, China, South Korea, France, and Canada to remain high-potential markets throughout the forecast period.

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animal drug compounding market

Demand for Companion Animal Drugs Surging

Drug compounding products are highly required for companion animals such as dogs, cats, and others. With increase in inclination towards domestication of such animals, suppliers of animal drug compounding products are experiencing surge in demand around the globe.

According to a report titled “U.S. Pet Ownership Statistics”, published by the American Veterinary Medical Association, the percentage of households owning dogs in the United States is 38.4, while 25.4% of U.S. people have cats as their pets. This gives a glimpse of the rising demand for various animal drug compounding products around the globe, such as GI drugs, CNS agents, and others.

Who is Winning in this Space?

The global animal drug compounding market is highly competitive in nature. In order to sustain its leading positions, key players in this field are bringing in a wider variety of quality products.

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For instance,

  • Davis Islands Pharmacy recently launched its new range of products such as GABAPENTIN VET SUSPENSION, FLUOXETINE TRANSDERMAL CREAM, DES CAPSULES, and others.
  • Custom Med Compounding Pharmacy launched its new range of anti-infective therapy solution, transdermal medications, and others, a couple of years back.

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About Us:

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:

US Sales Office:
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Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
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Jumeirah Lakes Towers,
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Pharmaceutical

How Will Changing Trends Impact the Alexandrite Gemstone Lasers Market

Product launches in the alexandrite gemstone lasers market are precisely governed by positive regulations whose approval is required for any. Over the last few years, leading players in the alexandrite gemstone lasers market have established regulatory approvals across the globe, which has facilitated them to launch various products in the market. The launch of new products brings in new technology, which provides improved results to patients and eases treatment procedures.

  • In 2020, Bioson Medical launched the Accento N dual wavelength laser for hair removal and pigmented lesions.
  • In 2018, Lumenis launched SPLENDOR X — a solid state laser system equipped with the unique BLEND X technology for fast and effective hair removal and skin solutions.

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In addition, manufacturers in the alexandrite gemstone lasers market are highly engaged in various industry consolidation activities such as mergers, acquisitions, and collaborations to increase their product range and distribution network, which creates huge growth opportunities for the market growth.

  • In June 2018, Alma Lasers completed the acquisition of Vertiflex, Inc., a privately-held company that developed and commercialized the superion indirect decompression system.

According to Fact.MR, the global alexandrite gemstone lasers market is estimated to expand twofold to be valued at US$ 285 Mn by 2030-end.

alexandrite gemstone lasers market

Key Takeaways from Alexandrite Gemstone Lasers Market Study

  • By indication, tattoo removal is the fastest-growing segment in the alexandrite gemstone lasers market, owing to rising tattoo regret.
  • North America and Europe collectively hold over 45% of the global alexandrite gemstone lasers market share, owing to growing research and production activities in alexandrite gemstone laser manufacturing industries.
  • Based on end user, hospitals account for more 40% of the global alexandrite gemstone lasers market value share. Laser treatment centers are expected to grow at the highest rate in alexandrite gemstone lasers market.

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  • Demand for alexandrite gemstone lasers in Europe and East Asia is also projected to surge at a significant rate during the forecast period.
  • The COVID-19 pandemic has resulted in the postponement of most non-essential medical procedures across the world, which will hamper the progress of the alexandrite gemstone lasers market in the short term.

Key Segments of Alexandrite Gemstone Lasers Market

Fact.MR’s study on the alexandrite gemstone lasers market offers information divided into four important segments — indication, application, end user, and region. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories.

Indication
  • Hair Removal
  • Tattoo Removal
  • Vascular Lesion
  • Pigmented Lesion
  • Others
Application
  • Aesthetic
  • Dermatology
  • Dentistry
  • Urology
  • Others
End User
  • Hospitals
  • Laser Treatment Centers
  • Specialty Clinics
  • Ambulatory Surgical Centers
Region
  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

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“Rising adoption of aesthetic treatments and increasing consumer spending on cosmetic procedures are some of the factors anticipated to favor the growth of the global alexandrite gemstone lasers market,” says a Fact.MR analyst.

Shift from Invasive to Non-Invasive Procedures Surging Market Growth

Growing awareness among people about non-invasive surgeries, ease of operation by using non-invasive devices, lesser side effects compared to invasive surgeries, less post-operative pain, reduced hospital stay, and faster recovery are a few factors contributing to increasing demand for non-invasive procedures.  As a result, patients are switching to and preferring non-invasive treatments over invasive surgeries. This has resulted in an increase in the number of non-invasive dermatological procedures, particularly in aesthetic procedures, over the years.

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2019/07/08/1879464/0/en/Imminence-of-New-Gonorrhea-Therapeutic-Drugs-is-Evident-as-the-Bacteria-Grow-Super-Resistant-to-Antibiotics-Fact-MR.html

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About Us:

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:

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
Email: sales@factmr.com
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Pharmaceutical

How is the U.K. Home Diagnostics Market Evolving

Fact.MR, in its latest market study, opines that the home diagnostics market will grow at a healthy 3.5% value CAGR, surpassing US$ 6.3 million by 2026. According to the report, sales will remain buoyant in developed regions, with North America and Europe collectively accounting for over 50% revenue share of the market. The Fact.MR study remains bullish on the prospects of home diagnostics market players in developing countries, as growing focus on health & wellness, and emergence of many Asian countries as medical tourism hubs creates opportunities.

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Increasing preference for self-diagnosis continues to be a trigger for home diagnostics sales, whereas a combination of industry-specific and regulatory factors continue to influence the strategies of market players. Governing bodies such as the U.S. Food and Drug Administration (FDA) and the European Commission regulate home diagnostics with stringent quality control regulations and labeling requirements. Gaining EU CE mark, FDA 510(k) clearance, and FDA approved Premarket Approval Application (PMA) continues to be a primary focus for home diagnostics manufacturers who are looking to scale up their presence in developed markets. For instance, Abbott Laboratories, a leading pharmaceutical company in the U.S., recently got an FDA approval for marketing its FreeStyle® Libre 14 day Flash Glucose Monitoring system in the U.S. ACON Laboratories, another prominent player in the home diagnostics market announced that it has received FDA clearance of Mission® U120 urine reagent strips. According to the report, compliance to ever-evolving regulations and gaining regulatory approval remains both an opportunity and challenge for market players.

home diagnostics market 1

The report also finds that home diagnostics manufacturers are focusing on incorporating advanced technology to differentiate their offerings in the market. For example, Abbott Laboratories adopted next-generation sensor technologies to upgrade its FreeStyle Libre system (10 day) to the FreeStyle® Libre 14 day Flash Glucose Monitoring system with improved accuracy and better mean absolute relative difference.

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Home Diagnostics Market Segmentation by Category 

Test Type
  • Glucose Monitoring Devices
  • Pregnancy Test
  • HIV Test Kits
  • Ovulation Predictor Test Kits
  • Cholesterol Detection Test Kits
  • Drug of Abuse Test Kits
  • Others
Form
  • Cassettes
  • Strips
  • Midstream
  • Digital Monitoring
  • Instruments
  • Test
  • Dip Cards

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Anticipating the burgeoning demand for glucose monitoring devices in emerging Asia, players in the home diagnostics market are shifting their focus towards developing nations, including China and India. ARKRAY, Inc. – a Japanese manufacturer in the home diagnostics market – recently announced that it will strengthen its diabetes testing instrument production capacity in China. Leading manufacturers in the home diagnostics market are modifying their marketing strategies to improve awareness about cost-effective and efficient home diagnostics to leverage lucrative opportunities in the Asia-Pacific region.

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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:

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

Corporate Headquarter:
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Global Non-Invasive Ultrasound Stimulation Market (2021-2028) To Register Substantial Global Expansion By 2028

Fact.MR has recently announced the addition of a new study on the Global Non-Invasive Ultrasound Stimulation Market to its document repository. This report is intended to provide a detailed analysis of all vital factors impacting negatively or positively on the development of the Non-Invasive Ultrasound Stimulation market during the assessment period of 2021 to 2028.

The detailed research report on the global Non-Invasive Ultrasound Stimulation 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 Non-Invasive Ultrasound Stimulation market.

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The research report on the global Non-Invasive Ultrasound Stimulation 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. 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 Non-Invasive Ultrasound Stimulation market. Some of the key players mentioned in the research report are

BrainSonix Corporation, Sonacare Medical, Sonic Concepts, Inc. among others.

The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas. Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets. Shares of major regional markets are also presented in the analysis.

GLOBAL NON-INVASIVE ULTRASOUND STIMULATION MARKET SEGMENTATION

The global non-invasive ultrasound stimulation market is segmented on basis of application, modality, end user and geography.

  • Segmentation by Application
    • Alzheimer’s Disease
    • Epilepsy
    • Brain Tumors
    • Parkinson’s disease
    • Stroke
    • Others
  • Segmentation by Modality
    • Portable
    • Bench Top
  • Segmentation by End User
    • Hospitals
    • Ambulatory surgical centers
    • Diagnostic Centers
    • Specialty Clinics

The regional segmentation of the Non-Invasive Ultrasound Stimulation market is done as follows: 

  1. North America (U.S., Canada)
  2. Latin America (Mexico, Brazil)
  3. Western Europe (Germany, Italy, France, U.K, Spain)
  4. Eastern Europe (Poland, Russia)
  5. Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  6. Japan
  7. The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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The report offers insight into the competitive dynamic in the Non-Invasive Ultrasound Stimulation market which has shaped the major strategies of each player. It also covers recent moves such as partnerships and collaborations, mergers and acquisitions, diversification and research investments, of each prominent player. The key factors that shape the entry barrier and intensity of competition in the Non-Invasive Ultrasound Stimulation market are presented in the analysis. Further, the study provides PESTLE analyses of numerous players and an evaluation of how the competitive landscape will evolve over the forecast period.

The global Non-Invasive Ultrasound Stimulation market report answers numerous pertinent questions, some of which are:

  • What are some of the latent areas of investments in the Non-Invasive Ultrasound Stimulation market?
  • Which region is expected to emerge as showing the most attractive growth rate during the forecast period and which factors will be crucial to its growth?
  • What trends are likely to change the status quo of the positions held by leading players of the Non-Invasive Ultrasound Stimulation market in the not-so-distant future?
  • Which product/service/technology segments holds game-changing potential to dramatically shape the competitive dynamic in the Non-Invasive Ultrasound Stimulation market?
  • What are the strategies adopted by top players to retain their stronghold in the Non-Invasive Ultrasound Stimulation market?
  • Which strategic moves will new entrants adopt to gain a strong foothold in the Non-Invasive Ultrasound Stimulation market?

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The following insights and evaluations are worth knowing for any market participant, helping them in ascertaining the prevailing dynamics and the future trajectories of the Non-Invasive Ultrasound Stimulation market. They are a part of the estimations of the opportunities in various segments.

  • Changing consumer preferences and uptake trends in key industries
  • Key trends highlighting funding by top investors in various countries
  • Changing demand and consumption of various product segments
  • New avenues for investments in various technology and product/service types
  • Recent regulations in key industries affecting the demand in the Non-Invasive Ultrasound Stimulation market
  • Detailed profiling of various players

Global Non-Invasive Ultrasound Stimulation market report readers are expected to be able to know the following details:

  • Which kind of opportunities will emerge in the market over the forecast period? Where will these emerge and how will players strive to tap into them?
  • Which trends and drivers will be most significant over the forecast period and which factors will limit global Non-Invasive Ultrasound Stimulation market growth?
  • Which products and end-users will lay claim to a huge share of the market revenue over the forecast period?
  • Which regions will emerge as lucrative markets?
  • Which government policies will help players grow steadily and where will research and development play a key role?

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Continuous Cardiac Monitoring Systems Market Forecast, Trend Analysis, & Competition Tracking – Global Review 2020 to 2030

Handheld Fluorescence Imaging Devices Market Forecast, Trend Analysis, & Competition Tracking – Global Review 2020 to 2030

About Us:

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 analysed. 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:

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

Email: sales@factmr.com

Visit Our Website: https://www.factmr.com