Home Rehabilitation Products and Services Market : Projection of Each Major Segment over the Forecast Period 2018 – 2026

The demand within the global market for rehabilitation products and services has been rising on account of advancements in the domain of home healthcare, finds Transparency Market Research (TMR). The global market for home rehabilitation products and services displays a fairly consolidated competitive landscape, majorly due to the strongholds of a handful of market vendors. Furthermore, the leading market players have made concerted efforts to ensure that they reap continual revenues in order to maintain their position. It is projected that these market vendors would bank effective distribution channels to further expand their consumer base and fetch larger revenues. In order to eliminate possible competition, the leading vendors are projected to acquire emerging players in the global market for home rehabilitation products and services market.

The market players have introduced all-time availability of products as the most recent policy in their quest for expanding their market share. Moreover, collaborative agreements are another key strategy that has outshone all other strategies meant to benefit the market vendors. Besides this, mergers, strategic alliances, and partnerships are also projected to be the key highlights of the global market for rehabilitation products and services.

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Transparency Marker Research (TMR) predicts that the global market for home rehabilitation products and services market is projected to expand at a healthy CAGR of 8.3% over the period between 2018 and 2026. Furthermore, the global home rehabilitation products and services market is expected to touch a value of US$ 161,743.4 Mn by 2026 from a value of US$ 88,484.0 Mn in 2017.

Increasing Cases of Physical Handicap to Propel Market Demand

The most important concern of the healthcare industry is to provide proper treatment and care to all population demographics. However, a large population of people are barred of the ability to visit doctors or hospitals due to their physical handicaps. Owing to this factor, the demand within the global market for homer rehabilitation products and services has been rising at a robust rate over the past decade. Furthermore, the urban population has become increasingly reliant on healthcare services provided at home, thus, enhancing the growth prospects of the global market for home rehabilitation products and services. The incidence of chronic diseases such as diabetes, cardiovascular disorders, and cancers has risen at unprecedented scale over the past decade. This has also created commendable growth opportunities within the global market for home rehabilitation products and services.

High Costs Home Rehabilitation Services to Hamper Growth

Home rehabilitation services, in most cases, necessitate the presence of a medical expert or attendant to look after the patient throughout the day. Furthermore, special aids and equipments also need to be installed to meet the needs and requirements of the patient. All of this takes the cumulative expenses on home rehabilitation to unaffordable levels for a lot of people. Owing to this reason, the market is expected to suffer several roadblocks before attaining fruition on a global scale. Moreover, the lack of proper medical reimbursements and unavailability of medical staff also restrains the growth of the global market for home rehabilitation products and services.

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The review is based on TMR’s report titled “Home Rehabilitation Products and Services Market (Products – Positioning Devices, Body Support Devices, General Aids, Wheelchairs; Services – Physical Therapy, Occupational Therapy, Speech Therapy, Respiratory Therapy, and Other Therapies) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”

The report segments the market based on the following parameters:

Based on Product Type

  • Positioning Devices
  • Body Support Devices
  • General Aids
  • Wheelchairs

Based on Services

  • Physical Therapy
  • Occupational Therapy
  • Speech Therapy
  • Respiratory Therapy
  • Other Therapies

Based on Geography

  • North America
  • Latin America
  • The Middle East and Africa
  • Europe
  • Asia Pacific

Pharmaceutical Robots Market Revenue Tops Estimates | Eyes Robust Growth Rate Ahead 2018 – 2026

The global pharmaceutical robots market is predicted in a report by Transparency Market Research (TMR) to witness high adoption of regional expansion, new product development, and merger and acquisition as key business strategies. This could be evidenced by the addition of three new regional training centers, relocation of three facilities, and opening of four new facilities of FANUC America Corporation in 2016. In the following year, Universal Robots opened its own academy to raise awareness about automation by offering free online training in robot programming. There are also other companies, viz. Yaskawa Electric Corporation, ABB Ltd., and Kawasaki Heavy Industries, Ltd. looking to secure a position of strength in the market.

TMR envisages the global pharmaceutical robots market to post a 12.1% CAGR during the forecast period 2018-2026 to be worth a US$250.46 mn by the end of 2026. In 2017, the market held a valuation of US$92.73 mn. Amongst end users, pharmaceutical companies could secure a lion’s share as their market expands at a CAGR of 12.8%. Regionally, Asia Pacific is prognosticated to take the driver’s seat of the market, considering its US$42.53 mn valuation secured in 2017.

pharmaceutical robots market

Large-scale Use of Pharmaceutical Robots in Scientific Research Propels Growth

Growing awareness about various advantages offered by pharmaceutical robots with their outstanding properties and capabilities is expected to push the growth of the market. For instance, pharmaceutical robots can perform tasks more adeptly than humans. Unlike humans, they could operate in risky settings with biological dangers such as the threat of toxic chemotherapy compounds and radioactive contamination. Scientific research is one application that could bring in highly lucrative market opportunities for vendors. Pharmaceutical robots could also be used in blood sample testing, pharmaceutical and medical device manufacturing, and drug discovery. The market could rake in a whole lot of revenue with rising awareness about robotic machines.

Dearth of Skilled Automated Manufacturing Professionals Punches Demand Down

The global pharmaceutical robots market is prophesied to face with the challenge of lack of skilled personnel in automated manufacturing units. High cost of robots could be another factor looming over the market as a threat to its demand. However, the introduction of cost-effective solutions is envisioned to create rewarding business prospects in the market. On the other hand, massive reduction in production cost, increasing technological developments, and swelling demand from the pharmaceutical industry could help the market to increase demand in the coming years.

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Pharmaceutical laboratories are using robots on a large scale to inspect and pack drugs. New developments in collaborative robots is anticipated to set the tone for valuable growth in the global pharmaceutical robots market. Their easy maintenance and cost-effective nature could further increase market growth during the course of the forecast period.

The information presented in this review is based on a TMR report, titled “Pharmaceutical Robots Market (Type – Traditional Robots (Articulated Robots, SCARA Robots, Delta/Parallel Robots, and Cartesian Robots) and Collaborative Robots; Application – Picking and Packaging, Laboratory Applications, and Pharmaceutical Drugs Inspection; End User – Pharmaceutical Companies and Research Laboratories) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026.”

The global pharmaceutical robots market has been segmented as presented below:

Global Pharmaceutical Robots Market by Type

  • Traditional Robots
    • Articulated Robots
    • SCARA Robots
    • Delta/Parallel Robots
    • Cartesian Robots
  • Collaborative Robots

Global Pharmaceutical Robots Market by Application

  • Picking and Packaging
  • Pharmaceutical Drugs Inspection
  • Laboratory Applications

Global Pharmaceutical Robots Market by End User

  • Pharmaceutical Companies
  • Research Laboratories

Global Pharmaceutical Robots Market by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia and New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Israel
    • Rest of Middle East and Africa

Teleradiology Services Market : Future Forecast Assessed on the basis of how the Market is Predicted to Grow 2018 – 2026

For a long time, since early 20th century, most countries across the world have been pondering over measures that could solve ‘lack of access to quality healthcare’. Simply because failing to provide quality healthcare has only resulted in loss of lives which inflicts economical loss to the country. Perceived as a larger hurdle to better standards of living and development, countries have started investing on technology that aids in providing access to quality healthcare especially those living in the rural regions. With high-speed internet doctors have not only benefitted from early diagnosis, but have made use of telemedicine in rendering therapy without the patient having to travel miles to a city hospital. This creates the demand for products in the global teleradiology services market. A recent report by Transparency Market Research finds that the market will grow at an astounding 19.0% CAGR during 2018-2026.

Hassle-free Treatment Favors its Usage

There is no better dream for a doctor to have come true than being able to treat more patients in the same time. While personal visits are irreplaceable, telemedicine offers something similar. This is why hospitals across the world are looking at adopting products from the global teleradiology services market.

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With network service providers reaching the remotest corners of the world, reaching out to people from long distance is no longer a hassle. Also, doctors are able to save travel time and save more patients, especially during emergency.

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Cancer is the Biggest Driver

The sheer rise in the volume of cancer cases is rising like never-before. A critical problem in being unable to control the loss of lives is poor treatment adherence. Most patients from the rural regions fail at receiving proper treatment or die due their inability to travel long distance. Products in the global teleradiology services market attempt to solve this problem.

Oncologists with the help of skilled workforce at the treatment delivery point are able to render treatment without any hassles. Also, the fact that rural population is able to receive services at their door step pushes more people to undergo treatment. As a result, the products in global telradiology services market come out a serious solution to improve healthcare outcomes.

The Need for Skilled Workforce

While there is doubt over the trends and drivers that vouch for the need for products in the global teleradiology services market to improve healthcare outcomes, there is one problem that bothers doctors and regulatory bodies. Doctors possess most of the control in rendering treatment remotely, yet, it requires skilled workforce at the receiving end for 100% quality. This creates the need for skilled workforce. As a result, most doctors and healthcare regulatory bodies across the world are simultaneously working on creating a large pool of skilled workforce. This is another trend that boosts hope for manufacturers in the global teleradiology services market.

The above study presented is based on a Transparency Market Research report titled “Teleradiology Services Market (Services Type – General Reporting, Consultation, Auditing; Coverage – Day Time, After Hours/ Night Time; Specialty – Cardiology, Neurology, Muscoloskeletal, Gastroeneterology, Onoclogy; Modality – X-ray, Ultrasound, Magnetic Resonance Imaging (MRI), Computed Tomography, Nuclear Imaging; End Use- Hospitals, Diagnostic Imaging Centers, Ambulatory Surgical Centers, Clinics)- Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts – 2018-2026)

The global teleradiology services market is segmented based on

Services Type

  • General Reporting
  • Consultation
  • Auditing

Coverage

  • Day Time
  • After Hours/ Night Time

Specialty

  • Cardiology
  • Neurology
  • Muscoskeletal
  • Gatroenterology
  • Oncology

Modality

  • X-ray
  • Ultrasound
  • Magnetic Resonance Imaging
  • Computed Tomography
  • Nuclear Imaging

End Use

  • Hospitals
  • Diagnostic Imaging Centers
  • Clinics
  • Ambulatory Surgical Centers

Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Rest of the World

Coronary Artery Bypass Graft Market : A Well-Defined Technological Growth Map With An Impact-Analysis 2018 – 2026

Transparency Market Research (TMR) has published a new report titled, “Coronary Artery Bypass Graft Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global coronary artery bypass graft market was valued at US$ 104.0 Mn in 2017 is projected to expand at a CAGR of 5.3% from 2018 to 2026. Increase in cardiovascular diseases, rise in awareness about endoscopic surgeries, surge in geriatric population, and technological advancements are the major factors anticipated to fuel the growth of the market from 2018 to 2026. Improved hospital infrastructure in the developed markets such a North America and Europe, rise in medical tourism in Asia Pacific, and advantages of endoscopic surgeries are expected to drive the market during the forecast period.

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Increase in Adoption of Endoscopic Surgeries to Propel Market

Endoscopic surgeries offer advantages such as short hospital stay and minimal incision at the surgery site. Endoscopic surgery is used to diagnose or treat diseases. Advantages associated with endoscopic surgeries include minimal blood loss, no requirement of general anesthesia, outpatient surgical procedure, small incision, less bleeding, and quick discharge within 2 to 4 days. These factors have increased demand for endoscopic surgeries across the globe.

Rise in Number of Cardiovascular Diseases Leading to Multiple Blockages to Boost Off-Pump CABG Segment

Cardiovascular diseases is a leading cause of premature deaths among the geriatric population or even among the younger population. Globally, the number of deaths due to cardiovascular diseases has increased in the last decade. There was 41% increase in deaths due to cardiovascular diseases from 12.3 million in 1993 to 17.3 million 2013. According to European Heart Network statistics, CVD accounts for nearly 3.9 million deaths in Europe each year and around 1.8 million deaths in the European Union. Advantages of off-pump CABG such as reduced hospital stay, minimal blood loss, lower post-operative complications, and useful in treating multiple blocks are expected to fuel the growth of the segment.

Rise in Cardiac Complications and Pricing Pressure to Restrain Market

An article published on Medicine Net stated that the overall mortality rate for CABG is approximately 3% to 4%. Heart attack after CABG procedure is quite common in 5% to 10% cases and stroke in 1% to 2% of patients. Around 5% of the cases require exploration due to significant blood loss. In cases where second surgery is required, there are high chances of infection in chest and lungs. Increase in prices of CABG procedures in developed countries such as the U.S. and the U.K. is a key factor restraining the global coronary artery bypass graft market. The cost of CABG procedure in the U.S. ranges from US$ 70,000 to US$ 200,000 and it costs US$ 28,000 in the U.K., US$ 32,000 to US$ 42,130 in Australia, and US$ 16,247 to US$ 23,600 in Spain.

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Asia Pacific to Register Exponential Growth

In terms of revenue, the coronary artery bypass graft market in Asia Pacific is expected to expand at a CAGR of 5.9% during the forecast period. Rise in medical tourism in India due to low cost of surgery is projected to boost the growth of the market in the region. The cost of CABG surgery in India ranges from US$ 1,500 to US$ 5,400. According to Assocham (2015), India’s medical tourism sector more than doubled between 2011 and 2015, i.e., US$ 980.0 Mn to US$ 1.8 Bn. Cost of medication and surgeries in developed countries in Asia Pacific is comparatively lower than in countries such as the U.K. and the U.S. Moreover, up-to-date treatment facilities, skilled doctors, and consultants will attract the western population to the region for extensive treatments.

Medtronic, Terumo Corporation, Ethicon, Neograft, and Boston Scientific to Lead the Market

The report also provides profiles of leading players operating in the global coronary artery bypass graft market such as Medtronic, Terumo Corporation, KARL STORZ GmbH & Co. KG, Boston Scientific, Ethicon (a subsidiary of Johnson & Johnson), Neograft, Sorin Group, MAQUET Holding B.V. & Co. KG, Edwards Lifesciences, Vitalitec International, Inc., Novadaq Technologies, Inc., and Genesee Biomedical, Inc.

Medical Robotic Systems Market : Up-To-Date Analyses Of Market Trends And Technological Improvements 2017 – 2025

Transparency Market Research (TMR) has published a new report titled, “Medial Robotic Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025”. According to the report, the global medical robotic systems market was valued at US$ 6,458.0 Mn in 2017 and is projected to expand at a CAGR of 18.9% from 2018 to 2026. Increase in adoption and demand for surgical robots and rise in the number of products receiving regulatory approval are expected to boost the global medical robotic systems market from 2018 to 2026. The U.S. is anticipated to dominate the global market during the forecast period owing to early availability of novel medical technologies, developed health care infrastructure, increase in adoption of advanced products, and surge in strategic acquisitions to expand product portfolio. For instance, in April 2016, Auris Medical acquired Hansen Medical. Hansen specialize in intravascular robotic catheter systems and offers Sensei Robotic Catheter System and Magellan Robotic System. The market in China and India is expected to grow at a high CAGR during the forecast period. Expansion of the market is attributed to rise in incidence rate of chronic diseases, increase in geriatric population, and surge in demand for minimally invasive surgeries. Rise in adoption of technologically advanced products manufactured by key manufacturers such as Intuitive Surgical, Inc. and increase in number of local players in China are likely to drive the global medical robotic systems market.

Medical Robotic Systems

Rise in Demand for Minimally Invasive Surgery to Drive the Market

Medical robotic systems are widely used for minimal invasive surgeries in the field of gynecology, cosmetology, open surgeries, laparoscopic procedures, and flexible endoscopic procedures. Surgeons have rapidly adopted minimally invasive surgical (MIS) techniques for a wide range of applications such as cholecystectomy, appendectomy, gastric bypass, ventral hernia repair, colectomy, prostatectomy, tubal ligation, hysterectomy, and myomectomy. The number of laparoscopic hysterectomy cases is projected to increase during the forecast period. Around 96% of cholecystectomy is done laparoscopically.

Surgical Robots Segment Dominates the Market

The report offers detailed segmentation of the global medical robotic systems market based on product type. In terms of product type, the surgical robots segment is projected to account for the largest share of the global market during the forecast period. Technological advancements, new product launches, and increase in purchasing power of hospitals and other health care settings are anticipated to propel the surgical robots segment during the forecast period. In October 2017, TransEnterix, Inc. received FDA 510(k) clearance for the Senhance Surgical Robotic System, a multi-port robotic system for robotic surgery that provides surgeons with technology such as haptic feedback and eye sensing camera control.

Significant Incremental Opportunity in the U.S.

Based on countries and sub-region, the market is categorized into U.S., Germany, U.K., France, Italy, Spain, Russia, Sweden, Netherlands, China, India, Australia, Singapore, Brazil, Saudi Arabia, South Africa and Rest of the World. In terms of revenue, the U.S. is likely to continue to dominate the global medical robotic systems market during the forecast period, owing to early adoption of technologies such as the da Vinci Surgical System and rise in aging population. The country is projected to be the most attractive market for medial robotic systems devices, with high attractiveness index. The market in the U.S is expected to expand at a CAGR of 18.4% during the forecast period. Increase in adoption of robotic systems by hospitals, technological advancements, rise in research & development of robotic systems for new applications, and surge in demand for rapid and safe minimally invasive surgery procedures drive the medial robotic systems market in U.S.

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Highly Consolidated Market, with Key Players Accounting for Over 60.0% Share

The report also provides profiles of leading players operating in the global medical robotic systems market. Intuitive Surgical, Inc., Accuray Incorporated, and Stryker are the major players operating in the market. These players offer products with proprietary technologies, for example, Intuitive Surgical, Inc. offers da Vinci Surgical System and Accuray Incorporated offers CyberKnife. Other key player operating in the market include TransEnterix Surgical, Inc., Stereotaxis Inc., ReWalk Robotics, Titan Medical Inc., Medtech SA, Hansen Medical Inc. and Aethon.

Contrast Media Market : Overview Of Key Market Forces Propelling And Restraining Market Growth 2018 – 2026

Transparency Market Research (TMR) has published a new report titled, “Contrast Media Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global contrast media market was valued at US$ 4,600 Mn in 2016 and is projected to expand at a CAGR of 4% from 2018 to 2026. The report suggests that rise in awareness among people about pre-diagnosis of diseases such as cancer and cardiovascular is expected to drive the global market during the forecast period. North America and Europe are anticipated to dominate the global contrast media market in the next few years owing to increase in installed base of imaging equipment and high health care spending. Asia Pacific is expected to be the fastest growing market by 2026. This is attributed to increase in geriatric population and rise in awareness about benefits of pre-diagnosis in developed countries such as Japan and Australia. Development of novel contrast media and advanced contrast media injectors is likely to fuel the growth of the global market. The market in Asia Pacific is projected to expand at a CAGR of 3% to 4% from 2018 to 2026.

contrast media market

High Prevalence of Cancer and Cardiovascular Diseases to Drive Global Market

High prevalence of cancers such as breast cancer is a major factor fueling the growth of the global contrast media market. Increase in popularity of pre-diagnosis of breast cancer and colorectal cancer using imaging equipment is another factor anticipated to drive the global market during the forecast period. Rise in cardiovascular diseases that require identification of high risk patients and implementation of disease management made possible through medical imaging are the other factors expected to boost the growth of the global market from 2018 to 2026. Furthermore, strong R&D, upcoming pipeline imaging drugs, and increase in health care spending are the factors likely to augment the global market during the forecast period. Stringent regulatory scenarios and adverse effects of contrast media in large number of patients are projected to restrain the global contrast media market from 2018 to 2026.

Iodine-based Compounds and Intravenous/Intra-arterial Segments to Dominate Global Market

The report offers detailed segmentation of the global contrast media market based on type, route of administration, imaging modality, and application. In terms of type, the iodine-based compounds segment is poised to account for leading share of the global market during the forecast period from 2018 to 2026. Factors attributed to the higher share of the segment include early detection of diseases including cancer, detection of asymptomatic heart diseases, and low osmolality of the compounds. The iodine based compound segment accounted for over 30% share of the global market in terms of revenue in 2017. Based on route of administration, the global market has been classified into oral, rectal, intravenous/intra-arterial, and others. The intravenous/intra-arterial segment dominated the global market, accounting for over 30% share in 2017. The oral segment is expected to grow at a rapid pace during the forecast period due to increase in usage of oral contrast agents for gastrointestinal tract imaging.

CT / X-ray and Cardiology Segments to Dominate the Market

In terms of imaging modality, the global contrast media market has been categorized into CT/X-ray, ultrasound, MRI, and others. The CT/X-ray segment is projected to account for the largest share of the global market in 2017 due to increase in installed base of CT scanners. Based on application, the global market has been divided into oncology, cardiology, neurology, and others. The cardiology segment is expected to capture the largest share of the global market due to high prevalence of cardiac diseases and increase in awareness about early detection. The segment held nearly 30% share of the global market in 2017. The others segment held the second largest share of the market in 2017, owing to rise in prevalence of other diseases such as gastrointestinal disorders and renal disorders.

Asia Pacific to be Fastest Growing Market

In terms of region, the global contrast media market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held the largest share of the global market in 2017 and is projected to dominate the market during the forecast period from 2018 to 2026. The market in the region is anticipated to expand at a CAGR of 3% to 4% from 2018 to 2026. Well-established health care infrastructure and strong support from public and private sector in terms of reimbursements are expected to contribute to North America’s high market share. Rise in awareness about prevention of diseases has led to improvements in diagnosis. This is likely to drive the market in the region during the forecast period. Europe is projected to account for the second largest share of the global contrast media market by 2026. The market is the region is anticipated to expand at a CAGR of 4% from 2018 to 2026. The market in Europe has matured due to introduction of new technologies. However, contrast agents such as MRI-based agents are witnessing significant growth in the region in terms of revenue.

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Asia Pacific is the fastest growing market for contrast media. The market in the region is likely to expand at a CAGR of 4% to 5% during the forecast period. Increase in population, rise in prevalence of cardiovascular diseases, and surge in musculoskeletal problems are the major factors fueling the growth of the market in the region. Australia, Japan, India, and China are the potential markets for contrast media in Asia Pacific. The market in China is expected to expand at the fastest CAGR during the forecast period due to rise in disposable income and increase in funding for R&D. The contrast media market in Middle East & Africa is projected to expand at a CAGR of 3% to 4% from 2018 to 2026. Investment by major players in the region is anticipated to propel the market.

Key Players

Key players in the global contrast media market include GE Healthcare, Bayer AG, Bracco Diagnostic, Inc., Guerbet Group, Lantheus Medical Imaging, Inc., Nanopet Pharma GmbH, Subhra Pharma Private Limited, and Spago Nanomedical AB.

Blood Gas and Electrolyte Analyzer Market To Explore Emerging Trends Of Coming Years – Available In New Report.

The competitive landscape of blood gas and electrolyte analyzer manufacturers is extremely consolidated, with the top three players taking more than three-fourth of the total market value in 2017. Radiometer Medical ApS led the market at the time, followed by Siemens Healthcare and Instrumentation Laboratory. Radiometer Medical ApS has consistently held the top position in blood gas and electrolyte analyzer production and sales through a broad product portfolio and a high rate of market penetration.

A common trend shown by all top players in increasing their production and R&D efforts in point-of-care devices, according to Transparency Market Research. While these device types will not entirely replace the conventional tabletop analyzers, they will be used across a much wider application spectrum.

global blood gas electrolyte market

Portability of Blood Gas Analyzers Adds Heavily to Their Rate of Use

“The introduction of portable blood gas and electrolyte analyzers was one of the bigger steps taken for this market,” explains a TMR analyst. “It means that healthcare organizations can use them in ambulatory and other emergency care applications, rather than conventional use in high priority hospital care.”

It is only one of the major changes that have occurred in blood gas and electrolyte analyzer technology recent times. The adoption of point-of-case diagnosis in healthcare, for instance, has allowed these devices to attain an important position next to patient beds. Additionally, blood gas analyzers are becoming increasingly smarter and more synchronized, allowing them to help maintain patient record management a lot easier.

Inaccurate Calibration and Misdiagnosis Still a Problem with Blood Gas and Electrolyte Analyzers

One of the key restraints to the growth of blood gas and electrolyte analyzers still remains to be the use of badly calibrated blood gas analyzers, especially the portable ones. Their use by inexperienced non-laboratory personnel significantly increases the changes of the devices going without regular maintenance and recalibration, creating a large scope for error in diagnosis.

Another issue that blood gas and electrolyte analyzer companies are struggling with is to resolve the issue of personnel using faulty samples. The two leading causes of misdiagnosis through blood gas and electrolyte analyzers is to use arterial blood with air bubbles or the use of mixed venous blood or even venous blood.

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North America Will Continue Leading Blood Gas and Electrolyte Analyzer Sales

North America held the leading revenue collection in 2016 and 2017. By the end of 2017, the North American region had produced a revenue of US$683.0 million, and is expected to progress at a CAGR of 8.8% between 2017 and 2023. This is the top growth rate among all geographical segments for blood gas and electrolyte analyzers and will therefore maintain its leading position till 2023.

Combination analyzers and consumables are expected to contribute a huge chunk of revenue of blood gas and electrolyte analyzer players by being propelled at high CAGRs. Revenue generation of consumables such as electrolytes and electrodes is expanding at a strong CAGR of 11.9% from 2017 to 2013.

The global blood gas and electrolyte analyzer revenue generation is expected to expand at a CAGR of 8.6% between 2017 and 2023. The total revenue expected by the end of 2023 is US$3,480.3 million.

The information presented in this review is based on a Transparency Market Research report, titled, “Blood Gas and Electrolyte Analyzer Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 – 2023.”

Key Takeaway:

  • US$1.1 bn is the projected revenue from combination analyzers by 2023.
  • Integration of wireless technology is expected to be the next big step in blood gas and electrolyte analyzers.
  • 36% is the expected revenue share of North America by 2023.

Key Segments of the Global Blood Gas and Electrolyte Analyzer Market

By Device Type:

  • Blood Gas Analyzer
  • Electrolyte Analyzer
  • Combination Analyzer
  • Consumables

By Geography:

  • North America
  • Asia Pacific
  • Europe
  • Rest of the World

Respiratory Devices Market Booming By Size, Revenue And Trend In 2026 Scrutinized In New Research

The global respiratory devices market is a competitive and dynamic business landscape. It is fragmented in nature and promises to remain the same during the forecast period. The major players in the market are Koninklijke Philips N.V, ResMed, and Vyaire Medical, Inc. The key players in the market are focussed on expansion and diversification of product portfolio, which is expected to boost the market growth during the forecast period. Many new entrants are expected to enter the global respiratory devices market during the forecast period. Moreover, increased spending on R&D is expected to increase the competitive dynamics of the market during the forecast period.

According to a new research report by Transparency Market Research, the global market for respiratory devices was evaluated at $17 bn by 2017. It is projected to reach $ 31 bn with a 6.50% CAGR by the end of 2026.

global-respiratory-devices-market.jpg

North America Region Expected to remain dominant in the respiratory devices market

The global respiratory devices market report is segmented into five regions including North America, Europe, Asia Pacific, Latin America, Middle East & Africa. North American region held the majority share of the global respiratory devices market in 2017. It is predicted to remain in a leading position in near future. A rising number of people with respiratory illnesses, growing air pollution globally and establishment of leading companies in the region is expected to drive the respiratory devices market in North America.

Moreover, the respiratory devices market in Asia Pacific region will also grow significantly during the forecast period. The rising number of respiratory disorders and rise in cases related to geriatric population is expected to drive the Asia Pacific market as well as the European one.

The chronic obstructive pulmonary disease segment is expected to lead growth of the respiratory devices market

The global market for respiratory devices market is segmented into asthma, obstructive sleep apnea, chronic obstructive pulmonary disease, cystic fibrosis, respiratory distress syndrome, and pneumonia. Among these, the chronic obstructive pulmonary disease segment is expected to lead market growth. A significant rise in number of tobacco addicts and growing air pollution is expected to drive the segment during the forecast period.

Conversely, the increasing reimbursement related policies and the growing number of low-cost products are expected to hinder the growth of the global respiratory devices market in the next few years. However, the growing demand for home care therapeutic devices, increased advancements in technology and point-of-care diagnostics are expected to offer new opportunities for the respiratory devices market.

This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Respiratory Devices Market (Product Type – Therapeutic Devices (Drug Delivery Devices, Mechanical Ventilators, Continuous Positive Airway Pressure, Resuscitators, Humidifiers, Airway Clearance Devices, Oxygen Concentrators, Consumables and Disposables), Diagnostic and Monitoring Devices (Pulse Oximeters, Capnographs, Spirometers, Polysomnographs, Peak Flow Meters, Gas Analyzers); Application – Chronic Obstructive Pulmonary Disease, Asthma, Obstructive Sleep Apnea, Respiratory Distress Syndrome, Cystic Fibrosis, and Pneumonia) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026.”

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The global respiratory devices market has been segmented as below:

Global Respiratory Devices Market, by Product Type

  • Therapeutic Devices
  • Diagnostic & Monitoring Devices

Global Respiratory Devices Market, by Therapeutic Devices

  • Drug Delivery Devices
    • Nebulizers
    • Inhalers
  • Mechanical Ventilators
    • Invasive
    • Non-Invasive
  • Continuous Positive Airway Pressure
    • Devices
    • Disposables
  • Resuscitators
    • Reusable
    • Disposables
  • Humidifiers
  • Airway Clearance Devices
  • Oxygen Concentrators
  • Consumables & Disposables
  • Others

Global Respiratory Devices Market, by Diagnostic & Monitoring Devices

  • Pulse Oximeters
  • Capnographs
  • Spirometers
  • Polysomnographs
  • Peak Flow Meters
  • Gas Analyzers
  • Others

Global Respiratory Devices Market, by Application

  • Chronic Obstructive Pulmonary Disease
  • Asthma
  • Obstructive Sleep Apnea
  • Respiratory Distress Syndrome
  • Cystic Fibrosis
  • Pneumonia

Global Respiratory Devices Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Australia & New Zealand
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Israel
    • Rest of Middle East & Africa

Antimicrobial Susceptibility Test Market Research Offers 10-Year Forecast on Global Market 2017 – 2025

Tools and instruments that are available in the clinical microbiology labs for analysis of patient samples and diagnosis are evolving continuously. The main impetus behind this is to reduce the overall time taken to secure results from those lab instruments. In addition to that, increasing the sample turn-around time with the ultimate goal of earlier patient treatment, enhancing the ease of sample processing, and better recovery rates are also comprise the purpose for such evolution. This is particularly true in the case of Antimicrobial Susceptibility Test (AST). It is every hour saved in getting the results lead to an earlier switch to targeted antibiotic therapy that will have a direct influence on the improvement of clinical outcomes.

Global antimicrobial susceptibility test market is likely to observe a surge in its demand owing to overuse of antibiotics in medicine, antibiotic resistance mechanisms has come up as threat to modern medicine by reducing the utility of clinically relevant antibiotics.

Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., HiMedia Laboratories, Biotron Healthcare, Beckman Coulter, and Creative Diagnostics are some of the leading names that operate in the global antimicrobial susceptibility test market.

According to a new study by Transparency Market Research (TMR), it is predicted that the global antimicrobial susceptibility test market will expand at a growth rate of 4.6% CAGR between 2017 and 2025. Global antimicrobial susceptibility test market is estimated to reach US$ 3814.0 mn by the end of the forecast period that spans from 2017 to 2025.

antimicrobial susceptibility testing market

Increased Government Initiatives to Prevent Antibiotic Resistance Fuels North American Market

North America is expected to be the retain the position of the most promising market in the global antimicrobial susceptibility test market owing to the emergence of a multidrug resistant strain of Salmonella in the US. For example, in accordance with the report by Centers for Disease Control and Prevention (CDC), around 2 million people in the US were infected with antibiotic-resistant bacteria annually and 23,000 people died as a result of such infection.

Furthermore, government agencies in the US have taken the onus to control and prevent antibiotic resistance, which is anticipated to accelerate the adoption of antimicrobial susceptibility test in the country.

Antimicrobial susceptibility test market in Asia Pacific is estimated to witness substantial growth during the period of forecast, 2017 to 2025. The market is expected to thrive on increased prevalence of microbial infections and rising consumption of antibiotics that eventually leads to development of resistance amongst the people. According to a report by WHO prevalence of multidrug –resistant tuberculosis is quite high though the treatment is very limited. Such factors trigger the growth of antimicrobial susceptibility test market in the region.

Improved Knowledge of Molecular Mechanisms Needed to Control Multidrug Resistance

In the recent years, there has been a drastic rise in the antibiotic resistance amongst bacterial pathogens and this is regarded as one of the biggest threats to global health in the current era. Globally, antibiotic resistance leads to 700,000 deaths each year and medical experts estimate the number could grow to 10 million deaths per year by 2050. Unless stringent actions are taken to check the misuse and overuse of antibiotics, antibiotic resistance will wreak havoc worldwide. Data also hint that, though antibiotic resistant bacterial infections can occur in the community but most deaths owing to resistance take place in various in-patient healthcare settings such as nursing homes and hospitals. In a hospital setting, when a patient displays signs of infection such as sepsis, they are quickly put on empiric broad spectrum antibiotics. Current literature suggests that around 51% of the patients in general wards and nearly 82% of the patients in Intensive Care Units (ICUs) are already on antibiotics within 4 hours prior to collection of blood samples for culture.

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Government healthcare regulatory agencies are proactively implementing measures essential to reduce or control its prevalence. In July 2018, the UK Standards for Microbiology Investigation (UK SMIs) made a recommendation of a core set of antibiotic susceptibilities, which should be set up for a variety of bacterial species isolated from various types of specimen.

Besides, enhanced knowledge of molecular mechanisms that control multidrug resistance is forecasted to facilitate the development of novel therapies, which would combat intractable infections and assist in the cultivation of a deeper understanding of the pathobiology of microbial organisms. Several awareness programs are being conducted to facilitate proper usage of new drugs to re-establish dominance over diseases.

The information shared in this review is based on a TMR report, bearing the title, “Antimicrobial Susceptibility Test Market (Product Type – Tests and Kits, Culture Media, Automated Test Systems, Consumables; Method – Broth Dilution Method, Rapid Automated Method, Disk Diffusion Method, Gradient Diffusion Method, Molecular Testing Method; Test Type – Antibacterial, Antifungal, Antiparasitics; Application – Clinical Diagnosis, Drug Discovery and Development; End use – Diagnostic Laboratories and Hospitals, Pharmaceutical and Biotechnology Companies, Research and Academic Institutes, and Contract Research Organizations) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025”

The global antimicrobial susceptibility test market is segmented based on:

Product

  • Tests and Kits
  • Culture Media
  • Automated Test Systems
  • Consumables

Method

  • Broth Dilution Method
  • Rapid Automated Method
  • Disk Diffusion Method
  • Gradient Diffusion Method
  • Molecular Testing Method

Test

  • Antibacterial
  • Antifungal
  • Antiparasitics

Application

  • Clinical Diagnosis
  • Drug Discovery
  • Development

End-use

  • Diagnostic Laboratories and Hospitals
  • Pharmaceutical and Biotechnology Companies
  • Research and Academic Institutes
  • Contract Research Organizations

Region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • U.K.
    • Rest of Europe
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Optical Microscopes Market : Development Factors and Investment Analysis by Leading Manufacturers 2016 – 2025

Owing to the presence of a limited key players, the global optical microscopes market is likely to be extremely competitive. The players are competing on the basis of cost, quality, and features of the microscopes for example, associated software, magnification power, product performance, and price of the product. There has been an uptake in the investment in research and development in several sectors for example, healthcare, pharmaceuticals, and electronics. This lead the competition to intensify in forthcoming years. Some of the key players in the global optical microscopes market are Leica Microsystems, Carl Zeiss, Nikon Instruments, Meiji Techno, and Olympus. Besides, there are some more important organizations such as ACCU-SCOPE, 3B Scientific, Ample Scientific, Aven, AmScope, BARSKA, Bruker, BestScope, Bulbtronics, Cole-Parmer, Thermo Fisher Scientific, Celestron, Euromex, Ken-A-Vision, Huvitz, Parco Scientific, Motic, Swift Opticals, Magnus Analytics, and Thomas Scientific.

According to Transparency market Research (TMR), the global optical microscopes market is anticipated to expand at a steady CAGR of 6% within the forecast period from 2016 to 2025. In 2015, the market was valued around worth of US$1.5 bn. This figure is expected to grow in coming years. Based on end-use industry the optical microscopes market is segmented into diagnostics labs, pharmaceuticals and biotechnology firms, clinics and hospitals, academic and research institutes, and so on. Among these, pharmaceuticals and biotechnology firms segment is prognosticated to lead the market with highest number of share in the market, in 2016. Regionally, the global market is dominated by Asia Pacific and North America regions, owing to the presence of most of the biotechnology and pharmaceutical firms established in these regions.

optical microscopes market

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Advancement in Nanotechnology to Fuel Optical Microscopes Market

Some of the factors, for example, rise in investment in research and development, progress in nanotechnology, improvement in the field of optical microscopy, and advancement in software technology are anticipated to drive demand in optical microscopes within the upcoming years. Blood cells discovery in human body provides good scope for studies in cell biology. Additionally, discovery of genes responsible of body development is expected to surge the market in forecast period. These improvements are expected to impel interest for optical microscopes. Confinements of optical microscopy in the field of research when contrasted with small scale vendors and electron microscopes offering cost-effective products are the primary limitations for the optical microscopes market.

Rising Educational Institutes to Augment Demand for Low-Cost Optical Microscopes

With training organizations multiplying, the market for optical microscopes has an uplifting outlook in the past few years. A few worldwide activities carried out by the United Nations, for example, Global Education First Initiative prevailing in not just allotting funds for basic and secondary education in several nations, but also initiated techniques to enhance the nature of training being provided. As a result of this, there has been a growth in number of educational centers in the previous couple of years. The rise in number of education centers all over the world is supporting the uptake in the demand for low-cost optical microscopes market.

This analysis is based on a recent market research report by Transparency Market Research, titled, “Optical Microscopes Market (Product – Digital Microscopes, Stereo Microscope, Inverted Microscopes, Accessories, Software; End Use – Hospital and Clinics, Academic and Research Institutes, Diagnostic Laboratories, Pharmaceutical and Biotechnology Companies) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2025.”

Key Takeaways:

  • The rise in number of education centers all over the world is supporting the uptake in the demand for low-cost optical microscopes market.
  • Improvement in the field of optical microscopy, and advancement in software technology are anticipated to drive demand in optical microscopes within the upcoming years.

Optical Microscope Market, by Product

  • Digital Microscopes
  • Stereo Microscope
  • Inverted Microscopes
  • Accessories
  • Software
  • Others

Optical Microscope Market, by End-user

  • Hospitals & Clinics
  • Academic & Research Institutes
  • Diagnostics Laboratories
  • Pharmaceutical & Biotechnology Companies
  • Others

Optical Microscope Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • Israel
    • South Africa
    • GCC
    • Rest of Middle East & Africa