Monday, 6 March 2017

Enteral Feeding Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019

Enteral feeding devices, also called as artificial nutrition support system are used to deliver nutrition or medication to the patients. These devices are considered as the first choice of treatment option for patients suffering from functional gastrointestinal disorders (FGID). Increasing need of reconstructive surgeries coupled with technological advancements in these devices are expected to widen the market for enteral feeding devices. In addition, rising incidences of chronic diseases such as cancer, neurological and gastrointestinal disorders and increasing healthcare awareness are driving the demand for enteral feeding devices market globally. The global enteral feeding devices market is estimated to be USD 2,033.1 million in 2012 and is expected to reach USD 3,102.0 million by 2019, growing at a CAGR of 6.2% from 2013 to 2019.
Enteral feeding devices market is segmented mainly by product types and stages (age groups). Enteral feeding tubes, pumps, administration reservoir, giving sets and enteral syringes are major types of these devices based on product types. Enteral feeding devices market is further segmented by stages namely, pediatric and adult population. Enteral feeding devices market is witnessing a paradigm shift from the usage of parenteral devices to enteral feeding devices due to uptake of advanced technologies (such as low profile gastrostomy) and cost effective alternatives (e.g. enteral feeding tubes and giving sets). These devices have also gained widespread popularity because manufacturers are constantly coming up with new and innovative devices that are easy to use and have few complications. For example, introduction of balloon inflated gastrostomy tubes enable users to feed directly into the stomach so that feeding of nutrition and medication is possible without swallowing. This technique provides a safe and long term method for obtaining nutrition. Growing geriatric population coupled with rising preference of home enteral therapy has resulted in a steady rise in the demand of enteral feeding devices. In addition, introduction of International Organization for Standardization (ISO) and rising cases of preterm birth that demands feeding by enteral devices are the factors accentuating the growth of this market during the forecast period. However, complications related to enteral nutrition delivery such as diarrhea, gastrointestinal complications, and non-obstructive intestinal ischemia and stringent reimbursement policies restrains the market growth.
Europe contributed the largest share, i.e. over 35%, in 2012 of the global enteral feeding devices market. Rising geriatric population and increasing awareness about enteral nutrition are the major driving factors for the growth of enteral feeding devices market in Europe. North America contributed the second largest share i.e. over 30% of the total market in 2012. Preference for home based enteral therapy has led to reduction of frequent visits to clinics and hospitals, consequently increasing the uptake of enteral feeding devices in the North American region. The Asia-Pacific region is expected to witness the fastest growth due to expanding population coupled with rising number of preterm birth cases. High prevalence of gastrointestinal disorders and cancer are the contributing factors for the growth of enteral feeding devices market in this region.
Enteral Feeding devices are used for providing nutrition, hydration or medication through flexible tubing or pumps inserted directly into the stomach or parts of small intestine. Enteral feeding is indicated for patients who are suffering from functional gastrointestinal disorders (FGID) and is considered as an ideal option when a patient is unable to maintain an optimal nutritional level orally. These devices play an important role in various disease conditions such as neurological diseases, gastrointestinal diseases, organ system failure and hypermetabolism. With increasing awareness about the beneficial role of enteral nutrition, the demand for enteral feeding devices is also expected to increase during the forecast period. The market for enteral feeding devices is segmented on the basis of product types and stages (age groups). Product segment includes enteral feeding tubes, pumps, administration reservoirs, giving sets and enteral syringes. While stages segment comprise of pediatrics and adult population. This report explains various technological advancements taking place in each segment. The report includes market estimations of the global enteral feeding devices market in terms of value (USD million) for the period 2013 – 2019, considering 2012 as the base year. In addition, current market trends and recent developments are taken into consideration while determining the growth rate of the global enteral feeding devices market. The report provides market size and forecasts for each segment and geographic region with CAGR % for the period from 2013 to 2019.
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Sunday, 5 March 2017

Clinical Trial Management System (CTMS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019

Clinical trial management system (CTMS) is a software solution for proper management, storage and analysis of drugs associated clinical data. Globally, the CTMS market is witnessing significant growth due to increasing R&D investment in pharmaceutical, life science and clinical research industries.It empowers organizations and research centers to enhance productivity and effectiveness of clinical trials by advancing and managing clinical trials. Integration of CTMS with HIS provides more accurate and time saving documentation, and it is also one of the major driving factors for the growth of the CTMS market.
Additionally, increasing prevalence of diseases is supporting clinical trials in different regions, and increased clinical research outsourcing is playing a major role in the growth of the CTMS market. Presence of various end users such as pharmaceuticals, clinical research organizations (CRO) and healthcare providers has increased the acceptance of CTMS. The CTMS market was estimated to be USD 844 million in 2013. It is likely to grow at a CAGR of 14% during 2013 to 2019 to reach USD 1,848.5 million in 2019.
Overview of the Global Clinical Trial Management Systems Market
The CTMS market has made enormous progress in the Asia-Pacific region as the adoption of clinical trial management systems in the field of medical research and pharmaceuticals industry have increased manifold over the past decade. On a global front, the CTMS market had an estimated net worth of approximately US$844 million in 2013. By growing at a compound annual growth rate of 14% during the forecast period, the worldwide CTMS market is expected to acquire market value worth US$1,848.5 million by 2019.
A major factor that has positively influenced the CTMS market is the integration of CTMS solutions with Hospital Information Systems (HIS). This has allowed the global CTMS market in achieving substantial growth in the past few years. Rising prevalence of chronic diseases across the globe is also proving detrimental in growth of the global CTMS market.
Companies mentioned in the research report
A major portion of market shares of the global CTMS market is captured by two leading companies – PAREXEL and the Oracle Corporation. Apart from these, the key market players that dominate the global CTMS market include MedNet Solutions, Bio-Optronics, eClinforce, BioClinica, DSG and Forte Research, among others.
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Breast Imaging Market Research Report by Geographical Analysis and Forecast 2019 Synthetic Biology Market Research Report by Regional Analysis - (North America, Europe and Asia Pacific) 2019

Breast Imaging Market: Overview
The global prevalence of breast cancer – identified to be the most common form of cancer among women – has been on the rise, especially among women over the age of 40. While the morbidity rate of this cancer has been rapidly increasing in developed countries, the mortality rate is much higher in developing nations owing to lack of awareness and limited availability of advanced healthcare facilities. This growing incidence of breast cancer has been single-handedly driving the market for breast imaging world over.
The report offers a detailed assessment of the various breast imaging technologies and the trajectory of the market during the forecast period. Categorizing the market on the basis of technology into breast MRI, mammography, nuclear imaging, breast ultrasound, tomosynthesis, and others, the report provides in-depth analysis of the various segments and market size estimations through 2019. The key dynamics and trends have been demonstrated and the factors that influence the present as well as future status of the breast imaging market have been discussed.
Breast Imaging Market: Trends and Opportunities
Registering a double-digit CAGR during the forecast period, the breast imaging market is poised to be valued at just over US$4.0 mn by 2019. This can be attributed to the rising use of breast imaging products for diagnosis and monitoring by healthcare professionals, mainly oncology technicians and radiologists. Growing awareness about the benefits of early detection has increasingly supported the demand for breast imaging systems and devices and this can be attributed to supportive government initiatives and programs. The breast imaging market has, as a result, been witnessing considerable growth.
While stringent regulatory norms ensuring the safety of medical equipment and diagnostic tools have been limiting the steady supply of breast imaging systems, technical development and innovative imaging devices are some of the major opportunities market players can capitalize on.
Breast Imaging Market: Regional Outlook
North America has been presenting a strong demand trend for breast imaging over the past decade, with Europe following suit. This can be attributed to greater acceptance ratio for newer technologies and devices, the presence of advanced and sophisticated healthcare infrastructure, higher availability of treatments and technologies, and high awareness rate regarding breast cancer. The Centers for Disease Control and Prevention found that in 2010 alone, nearly 207,000 women and over 2,000 men were diagnosed with breast cancer in the U.S. The World Cancer Research Fund International pegged North America to have the highest number of new breast cancer cases the same year. This increased prevalence of breast cancer drives the North America breast imaging market.
Asia Pacific has been identified as an immensely lucrative region in terms of breast imaging and is primarily driven by growing medical tourism in countries such as China and India. The RoW segment, which comprises the regions of Latin America, the Middle East, and Africa, is anticipated to witness limited growth despite rising government initiatives. This is owing to the fact that awareness levels in these regions is rather low.
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Saturday, 4 March 2017

Rapid Medical Diagnostic Kits Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019

Rapid medical diagnostics are tools for detection of various infectious diseases caused by virus and bacteria. Since the last decade remarkable prevalence of infectious diseases has been observed worldwide and its morbidity rate is rapidly growing. Increased detection of new pathogens-causing infections and increasing rate of weak immune system resulting from aging of population worldwide are some of the major factors leading to increase in the infectious diseases due to which the rapid medical diagnostic kits market is showing massive growth globally. Some other factors contributing to the growth of the rapid medical diagnostic kits market include cheaper cost of the rapid medical diagnostic kits, and increasing awareness about the available technologies for diagnosis of the infectious diseases caused by virus and bacteria.
Rapid medical diagnostic kits market is mainly categorized on the basis of applications namely, clinical testing, home-use, infectious disease and veterinary and on the basis of technology used to develop rapid medical diagnostic platform namely, lateral flow technology, agglutination assays, flow-through and solid phase assays. The home–use rapid medical diagnostic application segment held the major market share of rapid medical diagnostic kits market in 2012 on account of the highly dominated blood glucose testing market. While on the technology side, lateral flow technology led the technology segment in the global rapid medical diagnostic kits market owing to presence of large number of approved rapid medical diagnostic kits with this technology. Moreover, its ease of use and quick turnaround time has been beneficial in malaria and pregnancy testing at home.
The global rapid medical diagnostic kits market is highly fragmented in nature with many companies competing in the market. Well established market players dominate this market with their proprietary products and predatory growth strategies. Patent repository of the established market players is restraining growth and entry of the new market players entering into the market. Companies such as Millipore Corporation and Alere, Inc. are seeking patent approvals to secure their market share in the rapid medical diagnostic kits market.
Geographically, North America dominates the global rapid medical diagnostic kits market and is followed by Europe. North America is expected to maintain its leading position till 2019. Asia Pacific is expected to show highest growth rate in the rapid medical diagnostic testing kits market owing to factors such as, increasing infectious disease prevalence, increasing awareness about the rapid medical diagnostic tools and increasing disposable income of the population in this region. Highest infectious disease rates in developing countries such as African countries will drive the growth of rapid medical diagnostic kits market in these countries.
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Sterilization Equipment and Disinfectants Market Research Report by Regional Analysis - (North America, Europe and Asia Pacific) 2019


Global Sterilization Equipment and Disinfectants Market: Snapshot
As per the Centers for Disease Control and Prevention, nearly 46.5 million surgical procedures are conducted in the U.S. alone every year. Also over 5 million gastrointestinal endoscopies are conducted every year in the U.S. The increasing number of surgeries performed every year in the U.S. and elsewhere is indicative of the rising need for sterilization equipment and disinfectants to avoid the transmission of pathogens.
According to Transparency Market Research (TMR), the global sterilization equipment and disinfectant market is poised to exhibit a CAGR of 8.5% between 2013 and 2019. At this pace, the market is expected to reach a valuation of US$9.1 bn by the end of 2019.
Demand for Heat Sterilization Equipment Likely to Remain High Through Forecast Period
To offer a holistic overview, the global sterilization equipment and disinfectant market has been segmented based on type, equipment, and application. By sterilization equipment, low temperature sterilization, heat sterilization, radiation sterilization, and filtration sterilizing constitute the key market segments. Of these, the heat sterilization segment is expected to report a CAGR of 8.6% from 2013 to 2019. The development of this segment is credited to the fact that equipment used for heat sterilization is safer than low-temperature sterilization and other devices. However, over the course of the forecast period, the latter is expected exhibit the highest CAGR of 10.9%.
In terms of application, the market can be categorized as medical devices, pharmaceuticals, and life sciences. Likewise, high, intermediate, and low level oxidizing and non-oxidizing are the two prominent types of disinfectants available in the market.
North America Emerged as Dominant Regional Market
Regionally, North America, Asia Pacific, Europe, and Rest of the World constitute the key market segments. Among these nations, North America emerged dominant holding more than 40% of the overall market share in 2012. The region has been witnessing an increasing demand for non-disposable surgical instruments such as distractors, forceps, and endoscope devices. Besides this, the incidence of HAIs is also quite high, which makes sterilization equipment and disinfectants highly demanded commodities across the North America healthcare sector.
However, Asia Pacific is expected to report the highest CAGR of 10.9% between 2013 and 2019. The increasing outbreak of infectious diseases such as dengue and chikungunya has fuelled the demand for sterilization equipment and disinfectants in the region.
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Sports Medicine Devices Market Research Report by Regional Analysis (North America, Europe and Asia Pacific) 2019

Sports medicine devices in medical field are used to treat and prevent sports and exercise related injuries. Various injuries caused due to sports and general exercise include head, knee and ankle injuries, muscle cramps, sprains and strains and ligament ruptures. These devices are either surgically implanted, externally attached or used for minimally invasive procedures such as arthroscopy. These also involve use of performance monitoring devices and various accessories products such as wraps, tapes and slings. The recovery products comprises hot and cold packs, electro stimulators and compression clothing.
Rise in technological advances and growing importance of sports activities among the young as well as the older population as well as focus on developing cost-conscious treatment methods currently form major drivers for the growth of this market. Demand for arthroscopic procedures is expected to grow in the near future owing to the increase in geriatric population and sports injuries across the globe. A rise in disposable incomes in developing countries has boosted the confidence of OEMs towards these regions. However, unfavorable reimbursement policies in developed countries are expected to have negative impact on the market growth across the globe. The global sports medicine devices market was valued at USD 6,100.6 million in 2012 and is expected to grow at a CAGR of 4.4% from 2013 to 2019, to reach an estimated value of USD 8,284 million in 2019.
The sports medicine devices include orthopedic products and recovery and support products. Orthopedic products are further segmented into artificial joint implants, arthroscopy devices, fracture repair devices, prosthesis and orthobiologics. On the other hand, the recovery and support products are classified as braces, performance monitoring devices, accessories and other recovery products. The arthroscopy devices in orthopedic products accounted for the largest market and was valued to be around USD 1,593.8 million in 2012. This segment is expected to grow at a CAGR of 5.8% during the forecast period. The braces/orthotics market in recovery and support products, forms the second largest market segment and is expected to grow at the growth rate of 3.4% from 2013 to 2019. Whereas, the prosthetics market and accessories market is estimated to have the slowest growth in the total sports medicine devices market during the forecast period.
Geographically, North America accounted for the largest share in the global sports medicine devices market in 2012 and is expected to continue to lead in terms of revenue generation throughout the forecast period. The market in North American region was valued at USD 2,478.2 million in the year 2012. Asia-Pacific and the rest of the world regions are considered as the most lucrative market for sports medicine devices owing to the increase in incidences of sports injuries and rising awareness for fitness in the elderly population through 2019. The leading players in the market for sports medicine devices market are Arthrex, Depuy Mitek, Ottobock, Stryker, Smith & Nephew and Arthocare amongst various others.
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Self-Care Medical Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019

Self-care medical devices are used for measuring and monitoring various vital parameters of a patient. These devices play an important role in monitoring blood sugar level, heart rate, hypertension and other conditions.These devices measure, monitor, display and document physiological information obtained at regular intervals via sensors or other input devices attached to a patient.Increasingemphasis on preventive medicine is expected to widen the market for self-care medical devices. The global self-care medical devices market is estimated to be USD 10.5 billion in 2012 and is expected to reach USD 16.8 billion by 2019, growing at a CAGR of 7.0% from 2013 to 2019. Risingincidence of chronic diseases as well as lifestyle disorders (obesity, diabetes, hypertension and others) coupled with increasing healthcare awareness are driving the demand forself-care medical devices market globally.
Self-care medical devices are further segmented as blood pressure monitors, blood glucose monitors, body temperature monitors, heart rate monitors, sleep apnea monitors and others. Thesedevices are used forprimary care by patients, witnessing a paradigm shift intreatment from hospital to home based healthcare. Manufacturers are coming up with new and innovative digital blood pressure monitoring devices that are portable, easy to use and provide accurate readings instantly. Blood glucose monitors accounted for the largest market share in the year 2012 as compared to other self-care medical devices. Sedentary lifestyle, poor dietary habits coupled with growing geriatric population has resultedin a steady rise in the number of individuals diagnosed with diabetes.In addition, technological advancements and increasing awareness about managing diabetes are the factors accentuating the growth of the market for blood glucose monitors during the forecast period.
North America contributed the largest share, i.e. over 40%, in 2012 of the global self-care medical devices market. The rising incidence of cardiovascular and respiratory diseases isthe major driving factor for the growth of self-care medical devices market in the North American region. Preference for home based healthcare monitoring has led to reduction of frequent visits to clinics and hospitals, consequentlyincreasing the uptake of self-care medical devices.The Asia-Pacific region is expected to witness the fastest growth due to expanding population coupled with sedentary lifestyle and rising stress levels. A high prevalence of diabetes and cardiovascular diseases in middle income nations,as compared to that in high-income nations,has left a largenumber of people undiagnosed and untreated. However, growing awareness among these people has triggered the demand for self-care medical devices and is expected to further grow during the forecast period.
The global self-care medical devices market is segmented on the basis of device type and geography. The devices in the global self-care medical devices market are blood glucose monitors, body temperature monitors, blood pressure monitors, nebulizers, pregnancy/fertility test kits, pedometers, sleep apnea monitors, and heart rate monitors. Geographically, this market is segmented into Europe, Asia Pacific, North America, and Rest of the World.
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Impressive 8.70% CAGR Expected for Minimally Invasive Vertebral Compression Fracture Repair Market

Collapse of the vertebrae due to trauma, osteoporosis or other causes of weakening of the vertebrae is known as vertebral compression fracture (VCF). VCF is more common in people with low bone mass or suffering from osteoporosis. Some of the common symptoms of VCF include, back pain lasting for more than 2-3 weeks, limited spinal mobility, vertebral height loss over time and kyphosis, disability and deformity over a period of time. Vertebral compression fracture is treated primarily with pharmacological therapy and prolonged bed rest. Surgically, VCFs are treated with minimally invasive VCF repair techniquesin cases where medicinal therapies fail to cure VCF.
Minimally invasive vertebral compression repair techniques include two procedures, namely, vertebroplasty and balloon kyphoplasty. Both vertebroplasty and kyphoplasty involve injection of medical grade cement in the fractured vertebra. Kyphoplasty is a newer and evolved form of vertebroplasty, where a balloon is inserted in the vertebral body and inflated to restore the original height of the collapsed vertebra and is thereafter followed by cement injection. Vertebroplasty successfully relives pain and enhances mobility of the patient; while on the other hand, balloon kyphoplasty not only relives the pain but also restores vertebral height and assists in curing kyphosis. Kyphoplasty has also demonstrated a lesser complication rate post procedurewhen compared with vertebroplasty. This has over the time resulted in higher adoption of kyphoplasty procedures worldwide, particularly in North America. One of the major factors that is contributing to rapid increase in the adoption of kyphoplastyprocedure in North America is the recommendation of the use of this technique by the American Academy of Orthopedic Surgeons (AAOS)for VCF repair when conventional drug administration fails to deliver the desired results. Considering the advantages of kyphoplasty over vertebroplasty, the kyphoplasty market share will rapidly increase in the near future. The global market for balloon kyphoplasty was worth USD 555.4 millionin 2011.
The global minimally invasive VCF repair market is highly consolidated in nature with a handful of companies capturing over 80% of the market share. Well established market players dominate this market with their proprietary products and predatory growth strategies. This market is further characterized by large scale consolidation and collaborative activities such as acquisitions, supply agreements and partnerships. Local players observed to dominate the Latin American countries mainly, Brazil, Mexico and Argentina, particularly in the supply of medical grade bone cement. Existence of limited market players has further resulted in increasing price competition among the players, thereby intensifying the competitive rivalry.
Geographically, North America dominates the global minimally invasive vertebral compression fracture repair market and is followed by Europe. Aging of global population and thereby increasing prevalence of osteoporosis is driving the growth of minimally invasive vertebral compression fracture repair market. Moreover, early introduction of technologically advanced products, well evolved reimbursement policies and existence of a large pool of Medicare dependent geriatric population are the major growth drivers for the North American minimally invasive VCF repair market. Asia-Pacific is reported to be a lucrative market owing to high prevalence of osteoporosis and existence of large geriatric and osteoporotic population in countries such as China, Japan, Korea and India. Contribution and market share of the Asian countries in minimally invasive vertebral compression fracture repair market is expected to increase with rapidly booming medical tourism industry in this region. Growing awareness about vertebral compression fracture and increase in the number of research activities in exploring other applications of vertebroplasty in spinal surgeries will further augment the growth of this market in emerging economies.
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