Gastritis Treatment Market Size Analysis by Growth Application, Segmentation and Forecast to 2023

Market Highlights

The Gastritis Treatment Market is expected to exhibit a robust growth rate during the forecast period. The market for gastritis treatment is expanding worldwide due to drivers such as increased incidence of acute and chronic gastritis, advances in the area of medical technologies, increasing fast food chains worldwide, massive adoption of sedentary lifestyle and advancement in endoscopy devices that increased the accuracy of diagnosis. Moreover, chronic gastritis patients, rely on acidity reducing medicines for a lifetime, thus fueling the market demand which in turn would boost up the market growth. However, unaffordability and lack of advanced medical device technology in middle-income countries are likely to hamper the market growth.

Regional Analysis

The Americas is going to account for the largest share for gastritis treatment market. Drivers such as the widespread of fast food chains in this region along with increasing sedentary life culture which in turn contributes to increasing patient pool of gastritis and rising geriatric population are likely to enhance the growth of gastritis treatment market. Moreover, rising alcohol abuse, the presence of prominent key players is likely to spur the market growth.  For instance, According to a published survey, approximately 1 in 100 is a victim of gastritis in the US. Thus, this increasing patient pool will enhance the market growth during the forecasted period. Additionally, factors such as increasing government initiatives and funding for research, development in advanced medical treatment options, and availability of favorable reimbursement policies are likely to propel the growth of gastritis treatment market in the American region. Furthermore, according to CMS (Centers for Medicare and Medicaid Services) the US health care spending increased 4.3 percent to reach USD 3.3 trillion per person in 2016. Thus, the increasing per capita income of individuals, as well as rising healthcare spending, will aid the upmarket growth of the Americas.

Europe is the second market leader and holds a healthy share in the global gastritis treatment market. The European market is expected to exhibit a sturdy growth rate during the forecast period owing to the availability of advanced treatment facilities, established healthcare infrastructure along with the presence of flourishing medical device market which helps in efficient and accurate diagnosis. Furthermore, due to the increasing number of lactose-intolerant issues, vulnerability to falling prey of gastritis is more likely to lead to an increasing number of gastritis sufferers. Thus, fueling the market growth during the forecast period.

Asia-Pacific is expected to be the fastest emerging market owing to increasing government initiatives for healthcare reform, increasing adaption of a sedentary lifestyle, and increasing prevalence of gastritis. Moreover, the prevalence of multifocal atrophic gastritis and gastric adenocarcinomas is high in these regions. Furthermore, the presence of renowned domestic pharmaceutical players, as well as the increasing healthcare spending per capita, is going to accelerate the market growth during the forecast period.

The Middle East and Africa is expected to show the least growth in the market due to some major factors such as lack of awareness, limited access and availability of treatment facilities. In the Middle East, the United Arab Emirates is the largest market share owing to the development of the healthcare industry, increasing occurrence of gastritis and sound economic status of inhabitants.

TMJ Implants Market Size, Analytical Overview, Growth Factors, Demand and Trends Forecast to 2023

Market Research Future (MRFR) has added a new report ' global TMJ disorders market' to its portfolio, which is a compilation is all the key trends and patterns affecting the market. As per teh analysis of MRFR, the TMJ disorders market is poised to reach USD 1229.1 Mn at a CAGR of 3.9% over the forecast period 2017-2023.

Temporomandibular joint and muscle disorders (TMJ) is a medical condition where a variety of symptoms are experienced. Such symptoms include tenderness or pain in jaws, aching facial pain, pain while chewing, and others, which is caused due to damaged caused to cartilage or when disks erode or move out out of alignment. Due to advancement in diagnostics and imaging devices, early and accurate diagnosis of teh disorders is being facilitated, which is driving the need for treatment. Other driving factors include rising healthcare expenditure and increasing access to insurance reimbursements.

Segmentation

The TMJ disorders market has been segmented based on diagnosis, treatment, and end user.

By diagnosis, the TMJ disorders market has been segmented into physical exam, imaging tests, and others. Imaging tests include computerized tomography (CT) scan, X-rays, magnetic resonance imaging (MRI), TMJ arthroscopy, and others. Imaging tests are the preferred method of diagnosis of these disorders as they deliver accurate results as compared to other methods and the segment is leading the market.

By treatment, the TMJ disorders market has been segmented into medications, therapies, surgical or other procedures, alternative medicine, and others. The medications segment has been segmented into pain relievers, anti-inflammatories, tricyclic antidepressants, muscle relaxants, and others. Other therapies which help to cure this disorder include oral splints or mouth guards (occlusal appliances), physical therapy, counseling, and others. Other surgical procedures include arthrocentesis, injections, TMJ arthroscopy, modified condylotomy, open-joint surgery, and others. Acupuncture, relaxation techniques, biofeedback, and others are among the alternative medicines used for treatment.

By end user, the TMJ disorders market has been segmented into hospitals & clinics, ambulatory surgery centers, academic institutes, medical research centers, and others.

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Live Cell Imaging Market Research Forecast, Regional, Trends and Analysis to 2023

Market Highlights:

Live Cell Imaging is a technique to study live cells with the help of images obtained with imaging systems such as microscopes and high content screening systems. Over the past few years, the adoption of high content screening techniques in drug discovery and cell biology has been continuously rising and so is growing the live cell imaging market.

As a result, live cell imaging is pervasively gaining a considerable prominence, and its market is garnering colossal accruals. Moreover, the factors such as the increasing prevalence of chronic diseases and growing government funding in cell-based research are escalating the market on the global heights.

Acknowledging the exponential accruals, the market is witnessing currently, Market Research Future (MRFR), in its recently published study report, asserts that the global live cell imaging market will register nearly 9 % CAGR between 2018 -2023, garnering impressive growth by 2023.

Additional factors driving the market growth include the various applications of live cell imaging in the biotech and pharmaceutical industry and the rising prevalence of cancer worldwide. Furthermore, increasing approvals from regulatory bodies and spreading awareness foster the market growth. 

The increasing number of research activities in the pharmaceutical manufacturing and bioscience defines the augmented demand for live cell imaging and its increasing market size.improving economic conditions, worldwide, are propelling the market growth, enabling access to the quality, and improved health care.

On the flip side, factors such as the lack of availability of skilled professional and the prohibitive costs associated with the high-content screening systems are some of the primary factors that are impeding the market growth. Nevertheless, the support rendered by developed countries in terms of funding and well-established market players is projected to support the market growth. 

Global Live Cell Imaging Market- Segments:

By Products: Equipment, Consumables, and Software

By Technology: Fluorescence Resonance Energy Transfer, Fluorescence Recovery After Photobleaching, High-Content Analysis, Ratiometric Imaging, Fluorescence in Situ Hybridization, Total Internal Reflection Fluorescence Microscopy, and Multiphoton Excitation Microscopy among other Technologies.

By Application: Cell Biology, Stem Cells, Developmental Biology, and Drug Discovery among others.

By End-user: Pharmaceutical Companies, Biotechnology Companies, Hospitals, and Diagnostic Laboratories among others.

By Regions:  Europe, North America, APAC and Rest-of-the-World.

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Global Live Cell Imaging Market- Competitive Analysis:
The competitive market of live cell imaging appears fragmented owing to the many large and small players along with the new entrants churning the competition. Due to the high growth potential and demand in the market; players also plan to increase production of the products used in the cell culture. 

Chronic Kidney Disease Market to Register Steady Growth During 2019 to 2023

Chronic Kidney Disease Market is a medical condition where the level of waste products, and other fluids levels are increased in the human body due to loss of kidney function, especially in the advanced stage of the disease. Market Research Future (MRFR) has launched a comprehensive report on the global chronic kidney disease market, where forecasts for the period of 2017-2023 is provided with key dynamics that can impact the market growth in the coming years. AS per MRFR's analysis, the market is poised to post a CAGR of 5.2% over the forecast period.

Rise in the incidence rate of diabetes is a crucial factor driving the growth of the chronic kidney disease market. The disease is predicted to affect close to 10% of the global population and characterized by kidney damage. People with diabetes are at higher risk of acquiring the disease. Cardiovascular disorders also raise the chance of the incidence of the disease.  In recent years, growing availability and development of advanced treatment and diagnosis techniques have facilitated early diagnosis of the disease. Government initiatives aimed at minimizing the symptoms and complications of the disease through funding for R&D activities.

Segmentation

The chronic kidney disease market has been segmented based on diagnosis, treatment, indication, and end-user.

By diagnosis, the chronic kidney disease market has been segmented into blood test, urine test, imaging test, and kidney biopsy.

By treatment, the chronic kidney disease market has been segmented into drugs, dialysis, and kidney transplant. The drugs segment has been further segmented into ace inhibitors, angiotensin-ii receptor blockers, calcium channel blockers, beta-blockers, and erythropoiesis-stimulating agents.

By indication, the chronic kidney disease market has been segmented into Type 1 or Type 2 diabetes, high blood pressure, polycystic kidney disease, and others.

By end-user, the chronic kidney disease market has been segmented into hospitals and clinics, diagnostic centers, and others.

Advanced Anesthesia Monitoring Devices Market Expected To Reach At A Highest Growth During Forecast Period 2019

Anesthesia is a medical treatment that prevents the patient from feeling pain while performing surgeries. Since the introduction of anesthesia in the market, many of the surgical procedures have become easy to operate. The introduction of new technology to monitor the patient’s body while administering anesthesia and development of new devices have made anesthesia monitoring more comfortable and safe. Increasing number of surgeries and continuous development in the anesthesia devices have boosted the growth of the anesthesia monitoring device market. On the other hand, higher cost of devices may hinder the growth of the market over the forecast period.

Segmentation

The Global Advanced Anesthesia Monitoring Devices Market is segmented on the basis of types of the products and end users. On the basis of the type of products, the market is segmented into basic anesthesia monitors, advanced anesthesia monitors, integrated anesthesia workstations. Advanced anesthesia monitors are sub-segmented into gas monitors, stand-alone capnography monitors, monitors to measure the depth of anesthesia, and MRI compatible anesthesia monitors. And on the basis of end users, it is segmented into hospitals, clinics, ambulatory services, and others.

Regional Analysis

On the regional basis, the global advanced anesthesia monitoring devices market is segmented into America, Europe, Asia Pacific and the Middle East & Africa. America holds the highest share in the global advanced anesthesia monitoring devices market. According to the American Society of Anesthesiologists, in the year 2014 it was estimated that approximately 30 million of anesthetics being administered every year. Europe accounts for the second largest market for anesthesia monitoring devices. Various factors such as increasing number of surgeries and increasing demand for the better monitoring devices are t driving the growth of the market. Increasing surgeries in a various specialty such as neurology, orthopedics, and anesthetic plastic surgeries in Europe is the primary reason for the development of the market.

Asia Pacific is the fastest growing market in the global advanced anesthesia monitoring devices market due to increasing number of geriatric population and rapid development in the healthcare sector. Economic development and increasing orthopedic surgeries in Asia Pacific region have boosted the growth of the advanced anesthesia monitoring devices market. Larger population base in this region has attracted a number of the manufacturer, which, in turn, develop the market in Asia Pacific region.

Immunosuppressive Drugs Market Size, Share, Historical Growth, Analysis, Development Status, Opportunities and Forecast To 2021

Market Highlights

Global Immunosuppressive Drugs Market expected to register at CAGR of 4.63% during the forecast period of 2019 to 2025 at USD 10,282 million. Immunosuppressive Drugs are antirejection medicines that obstruct or prevent activity of the immune system. The growth of the global immunosuppressive drugs market is driven by various factors such as the rising incidence rate of autoimmune diseases and increasing cases of organ failures with the need for organ transplantation. However, the high costs of transplantation procedures and the side effects of the drugs are expected to curb the growth of the global immunosuppressive drugs market.

The global immunosuppressive drugs market is currently dominated by numerous market players. The key players are involved in product launches and strategic collaborations to strengthen their market positions. For instance, in May 2015, Pfizer, Inc. was granted US Food and Drug Administration (FDA) approval for Rapamune (Sirolimus) for the treatment of lymphangioleiomyomatosis (LAM).

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The immunosuppressive drugs market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The immunosuppressive drugs market in the Americas is projected to be the largest during the forecast period owing to the large patient pool. The European immunosuppressive drugs market has been classified as Western Europe and Eastern Europe. The Western European market has further been categorized as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The immunosuppressive drugs market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The Asia-Pacific immunosuppressive is projected to be the fastest-growing during the review period. The immunosuppressive drugs market in the Middle East & Africa has been divided into the Middle East and Africa.

Players

Some of the key players in the global immunosuppressive drugs market are Accord Healthcare (US), Astellas Pharma (Japan), F. Hoffmann-La Roche AG (Switzerland), Genzyme Co. (US),  GlaxoSmithKline PLC (UK), Bristol-Myers Squibb Company (US), Glenmark Pharmaceuticals, Inc (India), Mylan Laboratories Inc. (US), Novartis AG (Switzerland), Pfizer Inc. (US), Actavis, Inc. (US), and Zydus Cadila (India).

Segmentation

The global immunosuppressive drugs market has been segmented based on drug type, route of administration, application, and end user.

The market, based on drug type, has been segmented into calcineurin inhibitors, corticosteroids, antiproliferative agents, mTOR inhibitors, IMDH inhibitors, and others. The calcineurin inhibitors segment is likely to hold the majority share of the global immunosuppressive drugs market owing to the high efficacy of these drugs. This drug class is the most preferred after organ transplantation procedures. The corticosteroids segment is expected to be the fastest-growing as medical professionals increasingly prefer these drugs.

The market, by route of administration, has been bifurcated into intravenous, oral, and others. The intravenous segment is expected to be the largest, while the oral segment is projected to be the fastest-growing. Key market players for increasingly seeking approvals for their oral immunosuppressive drugs.

The global immunosuppressive drug market has been segmented, on the basis of application, into autoimmune disease, organ transplant, and others. The autoimmune disease segment is projected to be the largest due to the increasing occurrences and growing incidence rates of autoimmune diseases such as rheumatoid arthritis, multiple sclerosis, and systemic lupus erythematosus. The organ transplant segment is expected to register the highest growth rate owing to the increased number of transplant donors and the rising number of organ transplant procedures. The organ transplant segment has been further divided into kidney transplant, liver transplant, heart transplant, and others.

The end user segments of the market are hospitals and clinics, organ transplant centers, and others. The hospitals and clinics segment is expected to hold the largest market share due to the rising number of patient admissions and the growing number of hospitals in developing economies. The organ transplant centers segment is expected to be the fastest-growing; this growth can be attributed to the increased use of immunosuppressants post-transplant procedures.

Platelet Agitator Market Size Overview, Opportunities, In-Depth Analysis and Forecasts 2023

Market Synopsis:

The strong value maintained by the biomedical industry is likely to proliferate the Platelet Agitator Market over the next couple of years. A rise in the research & development activities coupled with increased investments is likely to favor the growth of the global platelet agitator market. Platelet agitators offer safe and reliable storage of platelets under controlled environments to and large volume data. This is likely to increase its adoption in the healthcare industry through the review period. Additionally, the boom witnessed in the healthcare sector coupled with rising healthcare expenditure is expected to encourage platelet agitator market growth and expansion.

Market Segmentation:

By type, the global platelet agitator market has been segmented into flatbed, circular, and combination devices. The flatbed segment is further sub-segmented into horizontal and vertical agitator. The flatbed agitator currently holds a dominant share of the market which accounts for 64.9% share. It is likely to exhibit immense growth over the next couple of years.

By capacity, the platelet agitator market is segmented into small, medium, and large. The medium segment held the most significant share in 2015 and is expected to retain its prominence towards the end of the forecast period.

By end-user, the global platelet agitator market has been segmented into autonomous blood banks, hospital based blood banks, and others.

Regional Analysis:

By region, the global platelet agitator market has been segmented into North America, Europe, Asia Pacific, and the Middle East & Africa. North America currently holds the maximum share in the global market accounting for 36.6% share. It is likely to retain its pole position throughout the assessment period. The regional market is estimated to reach a valuation of USD 170.2 Mn by the end of the forecast period. The growth in the region is attributable to the consolidation of key market players, technological advancements, rising healthcare expenditure, increasing patient pool, developed healthcare sector, etc.

Europe is one of the most significant growth pockets in the global platelet agitator market. It is likely to secure the second position globally over the assessment period. Asia Pacific exhibit tremendous potential for growth. It is set to register a relatively higher CAGR of 4.6% during the projection period. One of the key factors driving the growth of the market in the region is the increased investments for research & development in biomedical industry, especially in countries such as China, South Korea, India, Japan, etc.

Competitive Dashboard:

Some of the key players profiled by MRFR in the report are Fanem Ltda., Helmer Scientific, TERUMO PENPOL PVT LIMITED, KW apparecchi scientifici, LABCOLD, Meditech Technologies India Private Limited, Boekel Scientific, EMSAS Electrical Equipment Industry & Trading Inc., Nuve, SARSTEDT AG & Co., and Zhejiang Sujing Purification Equipment Co.Ltd.

Industry Developments:

In January 2018, U.S. Food and Drug Administration (FDA) and the Department of Defense’s (DoD) Office of Health Affairs launched a joint program which includes providing extensive manufacturing and clinical advice for prioritized products. Presently, high priority products include freeze-dried plasma, cold-stored platelets, and cryopreserved platelets.

Articaine hydrochloride Market Size: Development, Growth, Trends, Demand, Analysis and Forecast 2023

Articaine is a form of a local amide anesthetic that is most commonly used in dentistry. The articaine is marketed as a colorless liquid in vials/cartridges (2ml in each vial/cartridge). It is available in two variants, i.e., Articaine-100 & Articaine-200. Articaine-200 is more potent than Articaine-100. The dosage can be based on the type and extent of surgical procedure, depth of anesthesia, degree of muscular relaxation, and condition of the patient. For pediatric patients, dosage based on their age, weight, the physical condition of the patient, and the extent of the surgical procedure.

The articaine hydrochloride industry is growing rapidly. Articaine, with its greater ability to diffuse through tissues, become a very widely used local anesthetic in the European and Canadian markets. 

Market Dynamics

Articaine hydrochloride is the most popular local anesthetic for dentistry. For example, in Germany, around 97% of the anesthetic used by dentists is articaine hydrochloride. The growth of the market is likely to be driven by increasing incidences of dental caries and other periodontal diseases, advancement in dental anesthesia delivery system device, increasing the use of articaine for dental surgery, innovative nature of the dental anesthetics industry, and vigorous research and development efforts. Periodontal disease is one of the major dental diseases that influence human populations worldwide at high prevalence rates. Periodontal diseases are more prevalent in Asia-Pacific. Lack of the most basic oral health education and limited availability of simple interventions like pain relief and emergency care for acute infection and trauma to the vast majority of the population, especially in the rural areas are major reasons for the high incidences of periodontal diseases in the region. According to the FDI World Dental Federation, more than 80% of people in Asia-Pacific, including countries such as India, Bangladesh, Nepal, Malaysia, and Indonesia, suffer from dental decay. Furthermore, 40–59% of the population in China and Australia suffer from dental caries.

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Some of the popular local anesthesia other than articaine are prilocaine, lidocaine, mepivacaine, and bupivacaine. The availability and usage of alternative products are likely to thwart the growth of the articaine hydrochloride market during the forecast period.

clinical data analytics Market Size – Rising New Technologies Research Forecast to 2023

Market Scenario

The global clinical data analytics market is considered to garner USD 11,853.6 million with 30.90% CAGR during the forecast period (2016-2022) owing to the surging technological advancements in mHealth, asserts Market Research Future (MRFR). A brand-new approach, clinical data analytics is shifting towards new payment modes and the absolute amount of clinical data stored in Electronic Health Records
 (EHR). Healthcare professionals are opting for analytic solutions for population management solutions. 

Drivers and Constraints Impacting the Market

The healthcare sector has experienced a paradigm shift in the last few years owing to the high adoption of electronic health records (EHRs), which has resulted in the integration of the digital world with the physical. This has further resulted to a seismic shift in the quality and volume of clinical data. The integration of analytics has benefitted the healthcare industry in several ways. The healthcare sector has been facilitated with the benefit to record datasets and valuable information ranging from patient preferences, therapies to medical history and procedures which has been proven to be effective in treating injuries and diseases. Additionally, provision of evidence-based treatments offered to the patients, feasibility of preventive care over reactive care, and facility of personalized care are some of the factors considered to push the market growth during the appraisal period. Moreover, clinical analytics minimizes the avoidable readmissions and upgrades patient outcomes, and also enables the hospitals to shift towards value-based quality of care. Such factors are estimated to fuel the market growth in the coming years.

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On the flip side, some of the developing countries are still struggling to offer better internet facilities to their citizens, who are unable to take the advantage of the social and economic benefits offered by the internet. People belonging to the lower economic classes in the poor and developing countries are still devoid of clinical data analytics. Moreover, privacy and security issues in managing and handling of clinical data are among the serious concerns likely to slow down the market growth.

capsule endoscopy Market Size, significant challenges, Specifications, Analysis Forecast To 2023

The global capsule endoscopy market is expected to exhibit a strong 8.82% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global capsule endoscopy market is expected to rise to a valuation of USD 967.4 million by 2023, according to the MRFR report. The report presents a detailed analysis of the global capsule endoscopy market by providing readers with a comprehensive overview of the market’s historical trajectory. The leading drivers and restraints affecting the global capsule endoscopy market are assessed in detail in the report. The historical impact of these drivers and restraints is analyzed in context of the current impact of these factors and projections are made for the likely impact of these drivers and restraints over the forecast period. Various components of the global capsule endoscopy market are also studied in the report and projections are made for the growth trajectory of each distinct component. The various segments and sub-segments within the global capsule endoscopy market are studied in detail in the report. The study also makes a detailed analysis of the major players operating in the global capsule endoscopy market and provides a detailed look at the various competitive strategies employed by players in the global capsule endoscopy market. Likely future conditions with respect to the competitive landscape of the market are also explained in detail in the report.

The growing prevalence of lower GI conditions is likely to be the major driver for the global capsule endoscopy market over the forecast period. Capsule endoscopy is a medical procedure used for imaging, biopsy, and medicine release operations in the small and large intestine. It can detect polyps, tumors, and other medical aberrations in the abdominal tract through imaging done by a mounted camera. The effective imaging provided by capsule endoscopy has driven its demand in the healthcare sector. The growing prevalence of intestinal cancer and intestinal polyps is likely to drive the demand for capsule endoscopy procedures over the forecast period.

Increasing technological sophistication in capsule endoscopes, bringing about advanced functionalities such as biopsy and site-specific medicine release, is also likely to be a key driver for the global capsule endoscopy market over the forecast period. The growing medical devices industry is likely to fund significant technological development in capsule endoscopes in the coming years, leading to a growing demand from the global capsule endoscopy market over the forecast period.

Competitive Analysis:

Key players in the global capsule endoscopy market include AccuRead Endoscopy Inc., RF Co. Ltd., Fujifilm Holding Corporation, CapsoVision Inc., Chongqing Jinshan Science & Technology, IntroMedic, Olympus Corporation, and Medtronic plc.

In November 2019, Nuffield Health Cardiff Bay Hospital in Cardiff installed a new capsule endoscopy machine.

In June 2018, CapsoVision, Inc. announced a distribution partnership with PENTAX Medical to sell CapsoCam Plus, the only capsule endoscope that includes four cameras and offers 360° panoramic lateral imaging of the small bowel.

Orthopedic Braces Market Size Incredible Possibilities and Growth Analysis and Forecast To 2023

Market Analysis 

The global Orthopedic Braces Market is anticipated to grow at a 6.1% CAGR between 2019-2025, states the latest Market Research Future (MRFR) report. Orthopedic braces, simply put, are medical devices that have been specially designed for musculoskeletal issues. These braces are generally used to accurately align, support, correct the position, stabilize, and protect various body parts, especially the bones, joints, and muscles, as they recover from trauma or injury. A qualified medical expert after conducting a diagnosis and becoming familiar with the causes and symptoms can begin with the treatment that is determines the type of brace that is ideal for a patient along with the protection, level of stability, function, and support. Patients that have suffered from broken bones, dislocated joints, pulled muscles, fractures, and sprains can benefit largely from using orthopedic braces. 

Various factors are propelling the orthopedic braces market growth. Such factors, according to the latest Market Research Future report, include increasing number of road accidents, various technological advancements, growing prevalence of osteoarthritis, increasing public awareness regarding preventive care, increasing number of accident-related and sports injuries, easy availability, and greater product affordability. Additional factors propelling the growth of the orthopedic braces market include continuous product commercialization, increasing incidence of various orthopedic disorders and diseases, and increasing geriatric population. 

On the contrary, lack of personalization, inadequate reimbursement, and preference of patients for alternative treatment are factors that may deter the orthopedic braces market growth during the forecast period. 

Market Segmentation 

The Market Research Future report offers a complete segmental analysis of the orthopedic braces market based on end user, application, type, and product. 

By product, the orthopedic braces market is segmented into upper extremity braces, foot & ankle braces, knee braces, and others. Of these, the knee braces will lead the market during the forecast period as they offer lateral and medial support, protection from post-surgical risks of injuries, restricted injury during motion, and reduces knee rotation. 

By type, the orthopedic braces market is segmented into hard braces, hinged braces, and soft & elastic braces. Of these, the soft & elastic braces will dominate the market during the forecast period as they are highly customizable, flexible, as well as easy to use. 

By application, the orthopedic braces market is segmented into osteoarthritis, post-operative rehabilitation, preventive care, ligament injury, and others. Of these, ligament injury will have the maximum share in the market during the forecast period for the rising number of accidents worldwide and rising incidence of ligament injuries. 

By end user, the orthopedic braces market is segmented into surgical centers, hospitals, orthopedic clinics, and others. Of these, orthopedic clinics will have the largest share in the market during the forecast period for the increasing number of orthopedic surgeries carried out in orthopedic clinics worldwide. 

  

Gene therapy Market Size Industry Analysis, Share, Growth, Trends and Forecast 2023

Market Insights

According to Market Research Future, the global gene therapy market is estimated to reach the highest market share with a growth rate of 40.7% during the forecast period, at a market size of USD 524 million.

Gene therapy is a method in which a slice of DNA is introduced into the cell through a vector. The most important players invest in the production of cell and gene therapy treatments due to their specific target. Gene therapy consists mainly of two types, somatic gene therapy, and germline gene therapy, depending on the target cell type. The progress of the global gene therapy market is ascribed to several factors, such as the robustness of the product portfolio, the growing investments of the main players, the high prevalence of target diseases, and the demand for innovative medicines. However, the high costs of product development and stringent regulatory policies should slow the development of the global gene therapy market. The global gene therapy market is currently influenced by several market participants. Key players are engaged in strategic partnerships and product launches to strengthen their market positions.

Market Segmentation

The global gene therapy market is classified by product, indication, and end-user.

 The product-based market is divided into kymriah, yescarta, luxturna, zynteglo, zolgensma, strimvelis, imlygic, and others.  The kymriah subsegment leads the product segment as it was the first gene therapy approved in the US

The global indication-based gene therapy market is segmented into oncology, genetic diseases / disorders, and so on. The oncology segment is expected to have the largest market share and the fastest-growing segment due to the high prevalence of cancer and the robustness of cancer gene therapy.

The end-user segments of the market are hospitals and clinics, specialized treatment centers, and others. The clinic and hospital segment are expected to have the largest market share due to the growing number of hospitals. In addition, hospitals are usually the first choice for treating illnesses.

Regional Insights

Region-wise the global market is split into various regional markets such as the Americas, Asia Pacific, Europe, and the Middle East & Africa.

North America leads regionwise in the global market in terms of share owing to high number of approved molecules for clinical usage and increased research and development for gene studies.

Following the US, Europe’s high molecule approval stands at the second position and is anticipated to sustain its position during the forecast period.

A developing region such as India and China in Asia Pacific region is predicted to offer lucrative growth prospects owing to progressive growth in the field genes and molecular biology.

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Chronic Obstructive Pulmonary Disease Market Size Analysis by Growth Application, Segmentation and Forecast to 2023

Chronic Obstructive Pulmonary Disease Market

Due to the unhealthy lifestyle among people in consumerist cultures, pollution, and various reasons, the number of people suffering from respiratory disorders and chronic diseases is rising. Among these, a common one is a chronic obstructive pulmonary disease (COPD). This obstructive lung disease characterized by long-term breathing problems and poor airflow. When a disease becomes common, and the number of people suffering from it goes up, so does the market offering treatment for it. The major factor driving the growth of market COPD treatment is the increasing number of adult smokers. Due to environmental pollution, the number of rapidly growing asthma patients is increasing the growth of the COPD market.

Market Research Future (MRFR) has published a research report about the global chronic obstructive pulmonary disease (COPD) market that measures huge elevation in this market between 2016 and 2022. This report provides a detailed analysis of market structure with the forecast for next years and provides insights into factors affecting the market growth. Analyzing the market on the basis of various factors, it evaluates the market with current market size and future potential regarding growth. Profiling various key players in the market, the report discusses their activities and observes competitive developments like joint ventures, mergers and acquisitions, new product developments, strategic alliances, and research and developments (R & D).

The global chronic obstructive pulmonary disease market has been segmented into medicines, treatments, types, and lastly region. On the basis of medicines, this market has been segmented into antibiotics, bronchodilators, combination inhalers, inhaled steroids, oral steroids, phosphodiesterase-4 inhibitors, and theophylline. Antibiotics are useful for fighting bacterial infections. Bronchodilators are medications that open (dilate) the airways (bronchial tubes) of the lung by relaxing bronchial muscles. They allow people with difficulty in breathing to breathe better. A combination inhaler combines two kinds of medicine in one device. Usually, in a combination inhaler, one medicine is corticosteroid while the other is a bronchodilator. Advair Diskus, Breo, Dulera, and Symbicort are some examples of combination inhalers. Some examples of inhaled steroids include Arnuity Ellipta, Flovent, Pulmicort, Qvar, and Symbicort are some examples of inhaled steroids. Oral steroids are the non-narcotic type of powerful prescription medication. Commonly called as a PDE4 inhibitor, phosphodiesterase type 4 inhibitor, is a drug used to block the degradative action of phosphodiesterase 4 (PDE4).

The treatment-based segmentation of market comprises of oxygen therapy, lung transplant, bullectomy and others. Bullectomy is the surgical process for the removal of a bulla, which is a dilated air space in the lung parenchyma. A bulla measures more than 1 cm. Bulla that occupies more than 30% of the hemithorax is called giant bulla. Bulla is the most common cause of COPD. In oxygen therapy, oxygen is used for medical treatment. Lung transplant is a medical process where a permanently damaged lung of a patient is removed, and a healthy lung from another person is planted into the body of the patient. By types, the global COPD market has been segmented into chronic bronchitis and emphysema. Chronic Bronchitis (CB) is defined as a chronic cough and sputum production for at least 3 months a year for 2 consecutive years. Emphysema is a lung condition that causes shortness of breath.

The regional segmentation of global chronic obstructive pulmonary disease market covers The Americas (North America & South Americas), Europe, Asia Pacific, and Middle East & Africa (MEA). Among the Americas, North America is the bigger market for COPD, than South America due to advanced medical facilities and more investment in this region, the biggest local markets are the United States of America (USA) and Canada. North America is the largest market among all regional markets.

Due to the reasons same as the Americas, Western Europe is the bigger market, than Eastern Europe. Although the market in whole Europe is decent and steady in Western Europe, the cream of Europe market in France, Germany, Italy, Spain, and the United Kingdom (UK). Europe is the second largest market for COPD.

In the Asia Pacific region, the market is growing due to the high density of population and improving medical facilities in some countries of this region. During the forecast period, Asia Pacific is expected to be the fastest growing market for COPD. The biggest markets in the Asia Pacific are Australia, China, India, Japan, and South Korea, followed by the rest of the Asia Pacific. In the MEA region, the market is small due to poor or limited infrastructure and less investment in health care. However, due to hookah smoking, the number of people suffering from COPD is sizable. In this region, the biggest markets are Kuwait, Oman, Saudi Arabia, United Arab Emirates (UAE) and Qatar.

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Key Players

The key players in global COPD market are Abbott (USA), AstraZeneca (UK), Dr. Reddy’s Laboratories Ltd (India), F. Hoffmann-La Roche Ltd (Switzerland), GSK (UK), Merck (USA), Novartis AG (Switzerland), and Pfizer Inc (USA).