Arthroscopy Instrument Market Research Forecast, Regional, Trends and Analysis to 2023

Market Highlights

A number of factors such as increasing preference for minimally invasive procedures, ongoing technological advancements, and improving regulatory framework are fueling the growth of the global arthroscopy instrument market. Additionally, increasing occurrences of sports-related musculoskeletal disorders, such as the bone tumor, rheumatoid arthritis, and osteoarthritis, are propelling the growth of this market. The world health organization predicts the prevalence of rheumatoid arthritis to be between 0.3% and 1% and more common in women and developed countries. Moreover, the prediction also states that 9.6% of men and 18.0% of women aged over 60 years have osteoarthritis.

However, the high cost of arthroscopy instruments, reimbursement challenges in the medical device industry, and poor healthcare system in low and middle-income countries may hamper the growth of the market. For instance, as per the National Center for Health Statistics, in the United States, an approximate 650,000 arthroscopic lavage and debridement procedures are performed for knee pain each year, at an average cost of USD 5,000 each.

It is estimated that the global arthroscopy instrument market is expected to grow at a CAGR 6.5% during the forecast period of 2018–2023.

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Regional Analysis

The Americas dominates the global arthroscopy instrument market owing to the presence of major market players, the high adoption rate of minimally invasive devices, and increasing incidences of joint-related diseases boost the market growth in this region. Further, according to the American Orthopedic Society for Sports Medicine, in the United States, an estimated 4 million people undergo knee arthroscopies, whereas the number of patients undergoing shoulder arthroscopies is 1.4 million per annum. Furthermore, rising cases in arthroscopic surgeries along with rising population awareness regarding health are driving the growth of the arthroscopy instruments market.

Europe holds the second position in the global arthroscopy instrument market. It is expected that the government support towards research & development expenditure and rising prevalence bone disorders is likely to drive the European market.  According to the Arthritis Research U.K. in 2016, around 10 million people in the U.K. have a form of arthritis. Moreover, it was estimated that over 86,000 hip and over 90,000 knee replacements take place every year.

Asia Pacific is the fastest growing in the global arthroscopy instruments market owing to a huge patient pool, increasing demand for minimally invasive surgeries, and development in healthcare technology. According to Osteoporosis Australia, around 4.74 million Australians over 50 years of age are suffering from either osteoporosis or poor bone health. Which further fuels the need for arthroscopy surgeries. Healthcare expenditure is found to be improving in various Healthcare expenditure is found to be improving in various Asia Pacific regions. Moreover, the availability of skilled physicians and nurse practitioners and the low cost of surgeries have fueled medical tourism in India.

The Middle East and Africa holds the lowest share of the global market due to low development, lack of technical knowledge, and poor medical facilities.

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Segmentation

The global arthroscopy instrument market is segmented on the basis of the product, application, and end-user.

On the basis of product, the market is classified into arthroscope, arthroscopic implants, fluid management systems, visualization systems, radiofrequency system, power shavers and others. The arthroscopic implants are further segmented as knee implants, hip implants, shoulder implants, and others. The radiofrequency systems are further segmented as RF generators, RF probes, and wands and footswitch.

On the basis of application, the market is segmented knee arthroscopy, hip arthroscopy, spine arthroscopy, foot and ankle arthroscopy, shoulder arthroscopy, and others.

On the basis of end-user, the market is segmented into hospitals, ambulatory surgical centers, and others.

Key Players

Some of key the players in the global arthroscopy instrument  market Smith & Nephew (U.K.), Arthex (U.S.), DePuy Synthes (U.S.), Stryker (U.S.), Conmed (U.S.), Medtronic, Inc. (U.S.), Zimmer Biomet (U.S.), B. Braun (Germany), Olympus (Japan), Karl Storz (Germany), Richard Wolf  (Germany), Medicon (Germany), Sklar (U.S.), GPC Medical (India), and Millennium (U.S.).

Practice Analytics Market Research Forecast, Regional, Trends and Analysis to 2023

Market Highlights

Practice analytics is one of the effective tools, used for keeping records and analysis of data that are collected. Increasing use of internet and more and more information going online, are together creating an easy way for analysis. Increasing small and mid-sized healthcare firms will directly increase the growth of this market. Educating and creating initiatives about digitalization in software based analysis methods also leads to the growth of this market. Moreover, initial cost of software which is used and technically easy way to support the data and summaries is low and increasing demand for IT departments in healthcare industry will increase the growth of the market.

 However, all personal data stored online and accessible through internet may hinder the growth of this market.  

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Segmentation

Global practice analytics market is segmented on the basis of its module type and application. On the basis of module type, it is segmented into clinical module, front office module, and business module. On the basis of application, it is segmented into standard reports, graphical user interface design, SQL database and others.

Regional Analysis

On regional basis, this market is segmented into America, Europe, Asia Pacific & Middle East and Africa. America dominates a major share of this market as government is backing more research and development in the information technology sector. Recent advances in IT and its numerous uses in healthcare domain has boosted the growth of this market. Europe accounts for the second largest market owing to increasing research and development and well-established healthcare sector. Asia Pacific is the fastest growing market due to the presence of huge opportunities in the market and the continuously increasing demand for better healthcare software’s. However, the Middle East & Africa has the least market share due to not much developed healthcare industry.

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Among numerous players, top players of the global practice analytics market are Accenture (US), AGS Health, Inc. (India), Practice Analytics (US), Greenway Health, LLC (US), MediSys (US), Cardinal Health (US), McKesson Corporation (US), Harris digiChart (US), Meditab (US), UroGPO  (US), Global Health Management Services (US), IBM and KNIME (Switzerland).

Accenture is one of the leading health care solution providers. It provides health insights, healthcare data management and analysis. Additionally, the company operates in three major domain which includes digital health, operational transformation and health consumerism. Accenture developed robotics process automation for operational improvements of health insurance domain.

 AGS health is one of the leading provider of medical billing, medical coding and business analytics services in leading healthcare domain. Moreover, it has tie ups with blue chip users, which includes large health systems & hospital corporations, physician groups, academic medical centers, billing companies, revenue cycle management companies, coding companies and providers of other healthcare services.

Leuprolide Acetate Market Size, Share, Historical Growth, Analysis, Development Status, Opportunities and Forecast To 2023

Global Leuprolide Acetate Market - Overview

Leuprolide acetate is a synthetic nonapeptide analog of naturally occurring gonadotropin-releasing hormone names as Lupron. There are various uses of Lupron include the treatment of endometriosis, breast cancer and prostate cancer. It is one of the on important medicines and is the WHO Model List of, essential medical required in a fundamental well-being system.

The global Leuprolide Acetate market is expected to grow at a steady growth during the forecast period 2017-2023. The major factor increasing the growth of the market include increasing prevalence of Prostate cancer among individuals especially with aged individuals. Moreover, breast cancer has been a key market driver for the leuprolide market globally. Increasing use of leuprolide for the purpose of endometriosis treatment has fuelled the growth of the market. Between the ages of 15 and 44 women, endometriosis is affected to one or more in ten women in the United States, leading to pelvic discomfort and infertility, production loss and poor quality of life. The demand for leuprolide in veterinary treatment is another factor which adds to the growth of leuprolide acetate market.

The market is forecasted to demonstrate a steady growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period 2017–2023.

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Global Leuprolide Acetate Market - Competitive Analysis

Characterized by the presence of several well-established and small players, the global market of leuprolide acetate appears to be highly competitive and fragmented. With well-established market in the North America and European region with major companies having their home in the regions and generating maximum market share. These companies have expanded their operating unit in various other emerging regions as well. Moreover the other small and medium scale players are generating revenue from local market.

With top selling cancer products, Takeda and AbbVie account for the major market share for the leuprolide acetate market across the globe. Although there are various other companies involved in the development of the product.   Myovant Sciences a Switzerland based company involved in the development of new drug that may be able to cure both women’s health disorders and prostate cancer. Myovant with its new product relugolix has a diverse mechanism of action that that of AbbVie's Lupron Depot, letting it work faster, while the therapy is presently in last-stage of its development, with data predicted in 2019.

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Global Leuprolide Acetate Market - Regional Analysis

The global market is segmented into the various regions including North America, Europe, Asia Pacific, and the Middle East & Africa.

North America accounted for the largest market share. The major factor influencing the growth of the market include increasing aging population that is key factor which will drive the demand for leuprolide acetate market in this region. Furthermore, huge investment in Research and development and advancement of new techniques has caused in better care for the patients and understanding for the medical professionals. Increase medical professionals has resulted in demand for better standards and quality end products which will further influence the demand in the leuprolide acetate market in the North American region.

Europe accounted for the second largest market share for global leuprolide acetate market. According study published by World Cancer Research fund, Europe accounted for the largest number of individuals suffering from prone to prostate and breast cancer influencing the European market for leuprolide acetate. Moreover, rising number of cancer patients in the region, and steady growth in the number of medical professionals in significantly contributes to the growth of the European leuprolide market. Adding to this constant focus on novelty and strict government regulations make sure high quality of products delivered to the end users which further influence the growth of European market.

Flexible and Semi-rigid Ureteroscopy Market Research Forecast, Regional, Trends and Analysis to 2023

Market Highlights

The flexible and semi-rigid ureteroscopy market is expected to witness tremendous growth owing to the rising prevalence of kidney cancer, kidney stone, and change in lifestyle. Other key factors such as the growing consumption of alcohol, change to sedentary lifestyle, increasing dehydration, and obesity are contributing towards the growth of the market. According to the University Hospital Southampton NHS Foundation Trust, March 2016, the prevalence of renal stone treatment increased between 5 to 10% with a 75% increase in obese patients. However, factors such as high cost of ureteroscopy procedures are expected to hinder the market growth during the forecast period.

Segmentation

The global flexible and semi-rigid ureteroscopy market is segmented on the basis of product, application, and end-user. The flexible and semi-rigid ureteroscopy market, by product, is categorized into flexible ureteroscopes, semi-rigid ureteroscopes, and rigid ureteroscopes. Flexible ureteroscopes are further segmented into fiberoptic ureteroscopes and digital ureteroscopes. On the basis of application, the market is segmented into therapeutic applications and diagnostic applications. Therapeutic applications are further segmented into urinary stricture, urolithiasis, and kidney cancer. On the basis of end-user, the market is segmented into hospitals and clinics, diagnostic centers, ambulatory surgical centers, research centers, and others.

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Regional Analysis

The Americas leads the market owing to the increasing prevalence of urolithiasis, increasing research and development programs in flexible video-ureteroscopes, and growing healthcare expenditure. The American Urological Association, July 2016, has estimated a 3% prevalence rate for kidney stone in all individuals and stated that it affects 12% of the population during their lifetime. Such a high rate of kidney stone drives the market growth in this region.

Europe is expected to be the second largest flexible and semi-rigid ureteroscopy market during the forecast period. The increasing occurrence of kidney cancer and obesity drive the market in this region. According to Cancer Research UK in 2015, there were12,547 new cases of kidney cancer. Thus, the growing cases of kidney cancer facilitate the market growth.

Asia-Pacific was estimated to be the fastest growing region for the global flexible and semi-rigid ureteroscopy market in 2017. The market is expected to witness high growth owing to the rising prevalence of obesity and kidney cancer in this region. According to the National Center for Biotechnology Information publication 2016, 121,099 cases of kidney cancer were recorded in Asia in 2012 in which 66.12% patients were males. Such a high prevalence of kidney cancer influences the market growth.

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This is expected to provide favorable backgrounds for the market to grow.

The Middle East and Africa accounts for the low share due to lack of awareness, low per capita income, and lack of well-trained healthcare professionals. However, the rising oncology and health care services in hospitals and in the community are expected to influence the market in a positive way.

Key Players

Some of the key players in the global flexible and semi-rigid ureteroscopy market are Stryker (US), Olympus Corporation (Japan), Boston Scientific (US), Richard Wolf (Germany), KARL STORZ (Switzerland), ELMED Medical Systems (Turkey), Maxer Endoscopy (Germany), Rocamed (France), Vimex Endoscopy (Poland), ProSurg (US), and others.

Bone wax Market Research Forecast, Regional, Trends and Analysis to 2023

Market Highlights

Bone wax is a mechanical hemostat used in surgeries to stop bleeding. Bone wax does not involve any pharmacological action. It is basically a sterilized mixture of beeswax and it consists of isopropyl palmitate, which is a wax softening agent and is used to stop bleeding from the bone surface. It is used in surgical procedures like orthopedics, thoracic surgery, neurosurgery, dental, oral, traumatology, and jaw surgery. The rising number of surgical procedures is a major booster which drives the global bone wax market. Orthopedic surgeries are increasing due to the rising prevalence of orthopedic diseases, especially osteoporosis and accidental fractures. Also, the rising usage of absorbable bone wax products and the growing geriatric population is also fueling the market growth. According to the Population Reference Bureau in 2016, the number of Americans aged 65 and older is projected to reach 98 million by 2060. On the other hand, stringent government rules for the approval of bone wax and the availability of alternatives for bone wax may hinder the growth of the market during the forecast period.

The global bone wax market is currently dominated by many market players. The prominent market players are engaged in new product launches and strategic partnerships to strengthen its market position. For instance, in February 2016, Wound Management Technologies announced the US Food and Drug Administration (FDA) clearance for its product HemaQuell, which is a resorbable bone wax.

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Regional Analysis

The market in the Americas is expected to dominate the global bone wax market during the forecast period owing to the increasing awareness among the people regarding bone wax and rising orthopedic surgeries. The European market is expected to be the second-largest due to government funding and support of the healthcare sector, increasing prevalence of bone diseases, and growing number of accident and injuries. According to the Arthritis Research UK in 2016, around 10 million people in the UK had a form of arthritis. Moreover, the market in Asia-Pacific region is anticipated to be the fastest-growing during the assessment period owing to the increasing awareness about surgical procedures requiring bone wax, increasing geriatric population, and rising healthcare expenditure. The market in the Middle East & Africa is likely to account for the smallest share of the global bone wax market due to the slowly growing healthcare infrastructure mainly in the African region.

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Segmentation

The global bone wax market has been segmented into product, material, application, and end user.

The market, on the basis of product, has been segmented into absorbable bone wax and non-absorbable bone wax.

The market, by material, has been segmented into natural bone wax and synthetic bone wax.

The market, by applications, has been segmented into neurosurgery, orthopedic surgery, thoracic surgery, oral surgery, and others.

The market, by end-users, has been segmented into hospitals, specialty clinics, ambulatory surgical centers, and others.

Key Players

Some of the key players in the global bone wax market are ABYRX Inc., Wound Management Technologies Inc., Aesculap Inc., Ethicon Inc., Medtronic plc, Baxter International, Medline Industries Inc., Futura Surgicare Pvt. Ltd., CP Medical Corp., Bentley Healthcare Pvt. Ltd.,  WNDM Medical Inc., GPC Medical Ltd., and others.

Pseudotumor Cerebri Market Size Industry Insights, Top Trends, Drivers, Growth and Forecast to 2023

Market Highlights

Pseudotumor Cerebri, also known as idiopathic intracranial hypertension, is a challenging condition with a rapidly increasing prevalence due to a close relation to obesity. Headache is the most common symptom of this condition, a persistent symptom in around 93% of patients, with pseudotumor cerebri, at the time of diagnosis.

A number of factors such as increasing technological advancements, and growing prevalence of obesity, are propelling the growth of the global pseudotumor cerebri market. An increased incidence of pseudotumor cerebri, unmet medical needs, improving regulatory framework, increasing government assistance, increasing adoption rate of new technology, and improvement in funding and improved reimbursement policies are also boosting the growth of the market.

However, cost of treatment, side-effects associated with surgical interventions, and poor healthcare system in low and middle-income countries may hamper the growth of the market over the forecast period.

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Regional Analysis

The Americas dominate the pseudotumor cerebri market owing to the rising occurrence of pseudotumor cerebri in this region, and technological advancements. According to the study suggested by International Ophthalmology Clinics in 2014, the annual incidence of idiopathic intracranial hypertension in the Western world is around 0.9 per 100,000 individuals and 3.5 per 100,000 in females, in between 15 to 44 years of age. It is also reported that the annual cost of idiopathic intracranial hypertension in the United States had been exceeded to USD 444 million due to frequent hospitalizations, and its inclination in young working-age adults which results in a significant loss of productivity

Europe holds the second position in the pseudotumor cerebri market. It is found that the government support towards research & development, and favourable amendments in the reimbursement policies in the healthcare is likely to drive the European pseudotumor cerebri market.

Asia Pacific is the fastest growing pseudotumor cerebri market owing to a huge patient pool and development in healthcare technology. Healthcare expenditure is found to be boosting in various regions of Asia Pacific. As per the data suggested by the Australian Institute of Health and Welfare during the year 2015-16, the total health expenditure was nearly USD 170.4 billion, i.e., 3.6% higher than the expenditure of 2014-2015.

The Middle East & Africa holds the lowest share of the global market due to slow development, lack of technical knowledge, and poor medical facilities.

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Segmentation

The global pseudotumor cerebri market is segmented on the basis of diagnosis, treatment, and end user.

By the diagnosis, the market is classified as fundoscopy, neuroimaging, lumbar puncture, and others.

On the basis of the treatment, the market is classified as surgery, medication, and others. The surgery is further segmented into the spinal fluid shunt, optic nerve sheath fenestration (ONSF), dural venous sinus stenting, and bariatric surgery. The medication is further segmented into acetazolamide, topiramate, furosemide, steroids, others.

By the end user, the market is segmented into hospitals, clinics, diagnostic centers, drug stores, pharmacies, and others.

Key Players

Some of key the players in the global pseudotumor cerebri market are Avkare, Inc, B. Braun Melsungen AG, Beckersmith Medical, Inc, Elekta AB, Heritage Pharmaceuticals Inc, Ingenus Pharmaceuticals, Integra LifeSciences Corporation, Johnson & Johnson Services, Inc., Lannett Company, Inc., Magstim, Medtronic, MercuryPharma, Nostrum Laboratories Inc, Novast Holdings Ltd., Phoenix Biomedical Corp., Sanofi, SGPharma Pvt. Ltd., Sophysa, Taro Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd, West-Ward Pharmaceutical, Zydus Pharmaceuticals, Inc., and others.

Pediatric Medical Device Market Research Forecast, Regional, Trends and Analysis to 2023

Global Pediatric Medical Device Market - Overview

Pediatric medical devices are medical devices utilized for the management and treatment of infants and children below 18 years with some health issues. Majority of these medical devices are specially designed and manufactured for infants and children, but in some cases these devices are used for adult also.

Global market of pediatric medical device is expected to grow at a CAGR of approximately 10.5% during the forecast period 2017-2023. The global pediatric medical devices market is growing immensely due to rising occurrence of disease among children, increasing child bearing age among women, high number of children with heart diseases, increasing growth in number of pediatric hospitals and clinics. Furthermore, initiatives by the government and regulatory organization are influencing the market growth. For example, FDA has taken initiatives like they are collaborating with the Institute of Medicine for the success of post-market surveillance of pediatric medical devices to enhance the development and availability of safe and effective pediatric medical devices. While there are few factors that hamper the growth of the market such as lack of significant biocompatibility and safety criteria for the medical devices have restrained the growth of market. Moreover, devices that can provide appropriate care to the pediatric patients is one of the other major restraint for the market.

The market is forecasted to demonstrate a steady growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period 2017 – 2023.

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Global Pediatric Medical Device Market - Competitive Analysis

Characterized by the presence of several well-established and small players, the global market of pediatric medical device appears to be highly competitive and fragmented. With well-established market in the North America and European region with major companies having their home in the regions and generating maximum market share. These companies have expanded their operating unit in various other emerging regions as well. Moreover the other small and medium scale players are generating revenue from local market.

Medtronic is a one of the global healthcare solutions provider company, involved in improving lives of individuals through its medical technologies, services, and solutions. Medtronic in January 2015, announced the acquisition of Covidien. With this acquisition the company will enhance its medical device product. Covidient includes various pediatric medical device such as Pediatric Collection Devices, Pediatric Urology Accessories, Pediatric Latex Foley Catheters and various others. These product will further enhance the revenue for Medtronic.

Furthermore in October 2016, Medtronic is the first company to got an approval for its suite of cardiac rhythm and heart failure devices, it leads to be scanned in both 3 and 1.5 Tesla (T) magnetic resonance imaging (MRI) machines. This development provides patients with Medtronic implantable cardioverter-defibrillators (ICDs), SureScan MR-conditional pacemakers, and cardiac resynchronization therapy-defibrillators (CRT-Ds) and leads access to MRI scans on any part of the body.

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Global Pediatric Medical Device Market - Regional Analysis

The global market is segmented into the various regions including North America, Europe, Asia Pacific, and the Middle East & Africa.

America accounted for the largest market share for global pediatric medical device market. It covers two of the major regions namely North America and South America. North America is the largest market the growth of the market is attributed to increase in growth of children with chronic diseases among, growth in number of women conceiving at older age addiction of pregnant women to smoking and alcohol, and technology advance medical devices manufactured by major market players. Abbott, General Electric Company and Johnson & Johnson Private Limited are major market players in the U.S. and presence all around the global. According to American Academy of Pediatrics, percentage of children in U.S with chronic health conditions is growing and diseases like asthma and attention deficit hyperactivity disorder have taken a rise at a disproportionate rate among them. In South America, significant increase in chronic diseases among children, demand for technology advanced pediatric medical devices, awareness regarding birth defects and child health influence this market’s growth.

Cervical Fusion Market Size Industry Insights, Top Trends, Drivers, Growth and Forecast to 2023

Regional Analysis

The global cervical fusion market consists of regions, namely, the Americas, Europe, Asia Pacific, and the Middle East and Africa.

The Americas region accounted for the largest market share for the global cervical fusion market owing to the growing occurrence of spinal deformities among the older population and the increasing awareness among the masses for preventive care treatments to avoid spinal deformities.

The European region accounted for the second largest market owing to the factors such as the rising geriatric population and the increasing prevalence of rheumatoid and osteoarthritis. In the recent years, the growth of cervical fusion devices had confronted many challenges such as stringent regulatory norms, and low adoption of these techniques. Moreover, the Asia Pacific region is expected to witness a fast growth over the forecast period for the global cervical fusion market.

The Middle Eastern region is expected to develop at a steady pace owing to the factors such as the extensive development of healthcare infrastructure and growing emphasis on research and development in the healthcare sector. 

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Segmentation

The global cervical fusion market is segmented on the basis of fusion type, type, surgery, and end-user.

On the basis of fusion type, the global cervical fusion market is segmented into anterior interbody fusion, anterior cervical fusion, posterior fusion, and others. The interbody cervical fusion is further segmented into non-bone interbody cervical fusion, bone interbody cervical fusion, and others.

On the basis of type, the global cervical fusion market is segmented into metal type, polymeric type, and others.

On the basis of surgery, the global cervical fusion market is segmented into minimally invasive spine surgery, open spine surgery, and others.

On the basis of end-user, the market is segmented into orthopedic clinics, multispecialty hospitals, neurology clinics, and others.

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Key Players

Some of the key players in the global cervical fusion market are Medtronic, Inc. (U.S.), DePuy Spine, Inc. (U.S.), Synthes, Inc. (U.S.), Stryker Corporation (U.S.), NuVasive, Inc. (U.S.), Globus Medical Inc. (U.S.), Orthofix Holdings, Inc. (U.S.), Biomet, Inc. (U.S.), Zimmer Holdings, Inc. (U.S.), Alphatec Spine, Inc. (U.S.), Pioneer Surgical Technology Spine (U.S.), K2M, Inc. (U.S.), Integra LifeSciences Corporation (U.S.), LDR Holding Corporation (U.S.), AMEDICA Corporation (U.S.), RTI Surgical, Inc. (U.S.), Exactech, Inc. (U.S.), ArthroCare Corporation (U.S.), B. Braun Melsungen AG (Germany), Medicrea Technologies UK Ltd (UK), BAUMER (Switzerland), Medacta (U.S.), Shanghai Microport Orthopedics (China), and others.

Bone Metastasis Market Research Forecast, Regional, Trends and Analysis to 2023

Market Highlights

The increasing prevalence of breast cancer, growing geriatric population, rising healthcare expenditures, and increasing R&D expenses by the key players are estimated to drive the market growth during the forecast period. However, factors such as lack of healthcare services in low-income countries, the high cost of treatment, and related side effects are estimated to restrain the market growth during the forecast period.

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Segmentation

The global bone metastasis market is segmented on the basis of type, diagnosis, treatment, and end-user.

On the basis of type, the market is segmented into osteolytic bone metastasis, osteoblastic bone metastasis, mixed bone metastasis, and others. On the basis of diagnosis, the market is categorized into biopsy, blood test, imaging, and others. The imaging segment is sub-segmented into X-ray, bone scintigraphy, computerized tomography, magnetic resonance imaging, positron emission tomography, and others. On the basis of treatment, the market is segmented into medical therapies, surgery, medication, and others. The medical therapies segment is sub-segmented into chemotherapy, targeted therapy, hormone therapy, ablation therapy, and others. The surgery segment is sub-segmented into vertebroplasty, kyphoplasty, and others. The medication segment is sub-segmented into pain medications, bone building medications, and others. On the basis of end-user, the market is segmented into hospitals and clinics, diagnostic centers, pharmacies, and ambulatory surgical centers.

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Regional Analysis

America dominates the global bone metastasis market owing to the presence of a well-developed healthcare sector, increasing prevalence of breast cancer, and rising healthcare sector within the region. Europe stands second in the market and is followed by Asia Pacific owing to the availability of funds for research and a huge patient population. Europe is segmented into Western Europe and Eastern Europe. Western Europe leads the regional market due to the presence of developed economies such as Italy, Germany, France, and others within the region. Asia Pacific is projected to be the fastest growing region in the global bone metastasis market. The presence of a developing healthcare sector and increasing prevalence of cancer are expected to be the major drivers for the market growth during the forecast period. The Middle East and Africa holds the least share in the market. This can be attributed to the presence of poor economies, stringent government policies, and lack of healthcare services, especially within the African region.

Key Players

The key players in the global bone metastasis market are F. Hoffmann-La Roche Ltd (Switzerland)

Bayer AG (Germany), Merck & Co., Inc. (U.S.), Pfizer Inc. (U.S.), Novartis AG (Switzerland), Pharmalucence Inc. (England), Koninklijke Philips N.V. (the Netherlands), GENERAL ELECTRIC (U.S.), Siemens AG (Germany), TOSHIBA CORPORATION (Japan), and others.

Bioresorbable Scaffolds Market Size 2019 Growing Growth Opportunities, Driving Factors With Top Players

Global Bioresorbable Scaffolds Market - overview

The Global Bioresorbable Scaffolds Market is growing with the rapid pace. According to a recent study report published by the Market Research Future, the Global Bioresorbable Scaffolds Market is booming and expected to gain prominence over the forecast period and is projected to grow a sound pace. The market is projected to demonstrate a sound growth by 2027, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017-2027).

Bioresorbable scaffolds are the medical devices used during surgeries of coronary artery disease. These scaffolds are introduced recently and allow successful acute revascularization of coronary artery stenosis. The main advantage of the bioresorbable scaffolds is inclusive of complete bioresorption, leaving no foreign body. Increasing prevalence of cardiovascular disease and diabetes are the major drivers of for the market growth during the forecast period. According to WHO in 2014, cardiovascular diseases were the major cause of deaths, globally. Moreover, it was estimated that during the same year, about 39% of adults who aged 18 years were over overweight whereas 13% were obese. Additionally, rapid development in the devices used for the cardiovascular surgeries, rising demand for bioresorbable scaffolds, adoption of desk-bound lifestyle, and government support for the research and development of better medical devices have fuelled the market growth. However, availability of alternative therapies and high cost of the bioresorbable scaffolds are estimated to restrain the market growth during the forecast period.

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Global Bioresorbable Scaffolds Market - competitive analysis

Characterized by the presence of several well-established and small players, the global market of bioresorbable scaffolds appears to be highly competitive and fragmented. International players are increasingly expanding their footprint in the developing economy, making it difficult for regional vendors to compete with them, especially in terms of features such as product differentiation, product portfolios, quality, and pricing.  The Market is witnessing intensified competition which is expected to get more intensified further during the forecast period. The intense competition prevalent in the market dictates the consolidation among marketers.

Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position.

In April-2016, Abbott entered into a definitive agreement with St. Jude Medical Inc. which led to its acquisition. This created a premier medical device leader with top positions in high-growth cardiovascular markets, including atrial fibrillation, structural heart and heart failure as well as a leading position in the high-growth neuromodulation market. Under the agreement, St. Jude Medical shareholders received USD 46.75 in cash and 0.8708 shares of Abbott common stock, representing total consideration of approximately USD 85 per share. At an Abbott stock price of USd 43.93, this represented a total transaction equity value of USD 25 billion.

In June-2016, BIOTRONIK commercially launched of Solia S ProMRI, with a 5.6 French lead body, the smallest MR conditional pacing lead making it available in the U.S in 45, 53 and 60 centimeter lengths.

In July-2017, REVA Medical, Inc completed the reduction in its workforce in connection with the commercialization of its Fantom scaffold. A total of 11 full-time employees were let go, with 49 full-time employees remaining, in the transition from research and development activities to commercial activities. The Company estimates that it will incur aggregate cash charges of approximately USD 420,000 associated with the workforce reduction, comprising approximately USD 410,000 in severance payments and approximately USD 10,000 in continuation of benefits.

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Global Bioresorbable Scaffolds Marketmarket - regional analysis

The global bioresorbable scaffolds market is dominated by America owing to the presence of huge population suffering from cardiovascular diseases, presence of number of leading companies and increasing geriatric population. Moreover, increasing obese and diabetic population, lack of exercise, increasing stress and desk-bound lifestyle has provided push for the growth of the market. Followed by the Americas, Europe has the second largest market due to the availability of huge research funds and increasing government support. Moreover, increasing healthcare expenditure along with the presence of developed economies like the Italy, Germany, France, and others within the region fuels the market growth within the region. Asia Pacific accounts for the fastest growing market due to the rapid development in technology, growing healthcare industry and a huge patient suffering. On the other hand, the Middle East & Africa accounts the least share in global bioresorbable scaffolds market, especially due to the presence of poor economies within the African region.

Embolization Particle Market Size Industry Insights, Top Trends, Drivers, Growth and Forecast to 2023

Embolization Particle Market – Overview

The surge in the number of skilled professionals in the medial sector has improved the outcomes of various surgeries. Market reports connected with healthcare industry have been offered by Market Research Future which creates reports on other industry verticals that intends to analyze the current market scenarios better. The market is anticipated to exhibit a 9.64% CAGR in the forecast period. The market for embolization particle is also estimated to touch revenue figures worth USD 1,909.76 million by 2023.

The market for embolization particle is growing due to the ability of medical professionals to conduct surgeries with embolization particles. The increasing number of cases for vascular malformations and fibrosis is further increasing the scope of development for the embolization particle market. Increasing the level of funding for firms developing technically advanced products is projected to also have a beneficial impact on the long-term growth of the market.

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Segmental Analysis

The segmentation of the embolization particle market is carried out on the basis of application, level of occlusion, product type, and end user. Based on product type, the embolization particle market is segmented into drug eluting beads and radioembolization. On the basis of applications, the embolization particle market is segmented into urology, oncology, neurology, peripheral vascular disease, and others. The segmentation of the embolization particle market on the level of occlusion comprises of distal and proximal. On the basis of end user, the embolization particle market is segmented into ambulatory services, hospitals & clinics, and others.

Detailed Regional Analysis

The regional analysis of the embolization particle market states that the Americas region dominates the market due to the existence of a strong economic condition, the vast expansion in the healthcare domain, and emphasis of research institutions on apprising technology for new and advanced diagnosis and treatment approaches. Additionally, the availability of skilled healthcare professional and progressive hospitals infrastructure is creating a positive impetus for the growth of the market. The European region controls the next position in the market on the basis of growing emphasis on speedy diagnosis and treatment of cancer, altering lifestyles, growing prevalence of cancer among geriatric population. The Asia Pacific region is the most rapidly rising market due to the presence of several developing nations in this region. The developing regions in the market are inspiring the development of the healthcare domain. Additionally, the growing patient population from cancer in evolving nations will directly raise the demand for several diagnosis & treatment methods, which in effect will motivate the expansion of the market. The Middle East & African regions are projected to control the least market portion due to the limited availability of medical facilities, and limited development in the healthcare domain. Though, nations such as Qatar and Kuwait are concentrating more on the healthcare domain and improving their medical facilities, which will lift the market of this region. 

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Competitive Analysis

The effective implementation of strategies is likely to stimulate the market in the coming years. The expansion of a strong value chain is additionally motivating the development of the market. The development of the market is moving in a promising direction due to new product introductions or intensifying gross revenue of the players in the market. Substantial cuts in administrative costs are inducing further expansion of the market. The tactical goals intended for the market are buoyed due to advantageous product differentiation carried out by market contestants. The vertical supplements and product tactics of the market are advancing the potential of the market players. Increased conformity of market players to new customers and market trend inclinations are boosting the growth curve of the market and will persist in the forecast period. The central competitors in the market space of embolization particle are Guerbet, Terumo, BTG International Ltd, Boston Scientific Corporation, Medtronics, Sirtex, and Merit Medical