Healthcare Market Research Report By MRFR: November 2020

Monday, November 30, 2020

Gene Therapy Market : Latest Innovations, Drivers and Industry Key Events 2018 – 2025

The study also offers a precise analysis of the challenges and growth prospects helpful for the key players of the Gene Therapy Market, including a concise summary of their corporate strategies and competitive setting.

Gene Therapy Market Landscape

The Gene Therapy Market size in 2018 was valued at USD 524 million. It is likely to grow at a whopping 40.7% CAGR between 2019- 2025, as per the Market Research Future’s (MRFR) new report. Gene therapy comprises replacing, repressing, and repairing dysfunctional genes that cause disease. The aim of this promising treatment is in re-establishing the normal function. This therapy helps to treat different genetic diseases such as inherited disorders, namely cancer & viral infections, and some specific genetic diseases, namely muscular dystrophy & cystic fibrosis.

Market Drivers and Restraints

Numerous factors are propelling the global gene therapy market growth. These factors, as per the new MRFR report, comprise increasing funds for gene therapy research, availability of favorable reimbursements, increasing cases of cancer & other target diseases, and strategic collaborations & product launches made by key players for staying ahead in the competition. Besides, rising cases of target diseases, large investments made by top market players, and robust product pipeline are also adding market growth.On the contrary, strict regulatory policies coupled with high product development cost are factors that may deter the gene therapy market growth over the forecast period as per the gene therapy market forecast.

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Market Segmentation

The global gene therapy market has been segmented based on indication, product, and end user.By product, the gene therapy market is segmented into yescarta, zynteglo, luxturna, imlygic, kymriah, zolgensma, strimvelis, and others.By indication, the gene therapy market is segmented into oncology, genetic disorders/diseases, and others. Among these, the oncology segment will have a major share in the market over the forecast period. The robust cancer gene therapy pipeline, coupled with surging cancer cases, is adding to the growth of the segment.By end user, the gene therapy market is segmented into hospitals and clinics, the specialty treatment center, & others. Among these, hospitals & clinics will lead the market over the forecast period. The burgeoning number of hospitals, coupled with hospitals & clinics being the foremost choice to treat diseases, is boosting the growth of this segment.

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Regional Analysis

Based on the region, the global gene therapy market report covers the recent trends and growth opportunities across Europe, North America, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, North America will have lions share in the market over the forecast period for the rising cases of chronic diseases, increasing healthcare expenditure, advanced & innovative healthcare infrastructure, presence of eminent market players, and availability of favorable reimbursements.The global gene therapy market in Europe is predicted to have favorable growth over the forecast period for industry players coming up with innovative product launches, top companies in the region extending product distribution by securing approval from various regulatory bodies, and increasing expenditure for gene and cell therapy companies in the UK.The global gene therapy in the Asia Pacific region is likely to grow at a fast pace during the forecast period. The rising government initiatives for the healthcare sector development, presence of top market players in the region, launch & approval of various gene therapy products, rising prevalence of chronic diseases, and growing awareness about gene therapy are adding market growth.The global gene therapy market in the Middle East and Africa is predicted to hold the smallest share over the forecast period for restricted healthcare infrastructure in the region.

Key Players
Eminent players in the global gene therapy market include Orchard Therapeutics plc (UK), Novartis AG (Switzerland), Lonza (Switzerland), CEVEC (Germany), Amgen, Inc. (US), Gilead Sciences, Inc. (US), Thermo Fisher Scientific Inc. (US), Spark Therapeutics, Inc. (US), Bristol-Myers Squibb Company (US), Celgene Corporation (US),and uniQure N.V. (Netherlands).

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Patient Engagement Solutions Market Size Industry Insights, Top Trends, Drivers, Growth and Forecast to 2025

Data collated by Market Research Future regarding PATIENT ENGAGEMENT SOLUTIONS MARKET unveils a succinct analysis of the market size, regional spectrum and revenue forecast about the PATIENT ENGAGEMENT SOLUTIONS MARKET.

Patient engagement solutions are software used in engaging patients as per their convenience and retain them for future visits. Solutions ranging from online scheduling to virtual visits are gaining prominence in the overburdened healthcare sector. The global patient engagement solutions market report by Market Research Future (MRFR) contains in-depth analysis of its drivers, restraints, and opportunities for the period of 2019 to 2025 (forecast period). The sudden outbreak of the COVID-19 virus and its impact has been integrated into the final report with its effect on financial dealings, operations, and new policies.

Market Scope
The global Patient Engagement Solutions Market size is expected to reach a value of USD 42,600 million by 2025. It is expected to display a CAGR of 18.90% over the forecast period. The shift from conventional models to digitization is predicted to be the major driver of the market. Hospitals and other healthcare organizations and their decisions to digitize patient records, billing information, and other pertinent files can work in favor of the market. This has led to a surge of investments in the healthcare IT sector.
Government policies encouraging the use of healthcare IT software is predicted to drive the market demand. Rise of chronic diseases and the subsequent establishment of healthcare facilities to combat the surge of cases can work favorably for the market. According to the analysis by MRFR, nearly 117 million people in the region of Americas will be affected by some form of chronic disease.

But high capital required for infrastructure of patient engagement can hamper the market growth.

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Segmentation
The global patient engagement solutions market is segmented by component, delivery mode, therapeutic area, application, and end-user.
By component, it is segmented into hardware, software, and service.
Software is the largest segment of the market due to its capacity to present and retain accurate, unbiased, and relevant data. The access of the software to patient databases which can offer data seamlessly to both clinicians and patients will drive the segment demand and growth till 2025. Service is the second-largest segment owing to the need for installation, maintenance, and compatibility of software. Lastly, the hardware segment held the least share in the global patient engagement solutions market.

By delivery mode, it is segmented into cloud-based, web-based, and on-premise. The cloud-based segment has capture the largest share of the market and predicted to dominate till the end of the forecast period. The software is installed by the vendor and accessed by users through the Internet.

By therapeutic area, it is segmented into women’s health management, fitness management, chronic disease, and others. Among them, the chronic disease segment is expected to net huge revenues for the global patient engagement solutions market. Rising prevalence of chronic diseases and increasing awareness about patient engagement solutions can foster segment growth in the market in the coming years. On the other hand, fitness management is anticipated to be the fastest-growing segment during the forecast period.

By application, it is segmented into home health management, health management, social management, and financial health management. Health management is likely to hold the largest market share owing to increasing focus on patient care. The sudden outbreak of the COVID-19 virus has brought healthcare IT technologies to the forefront and its need in catering to large volume of patients. On the other hand, home health management is predicted to register the highest CAGR during the forecast period.
By end-user, it is targeted at individual users, healthcare payers, hospitals and healthcare providers, and others.

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Regional Analysis

Geographically, the global patient engagement solutions market covers the Americas, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).
The Americas is the largest regional market. Huge relief packages announced amid the COVID-19 for public testing and healthcare infrastructure are expected to foster the demand for healthcare IT solutions. In addition, reimbursement schemes, prevalence of chronic diseases, and need for systems to lower costs to hospitals and offer benefits to healthcare payors are major factors driving market growth.
Europe is expected to generate significant revenues for the global patient engagement solutions market due to investments in new technologies such as artificial intelligence, mHealth, and big data analytics. Launch of new software which are compatible with existing operating systems and the shift to preventive care models can drive the trajectory of the market in the region.
APAC is expected to grow at a rapid pace over the forecast period. This can be attributed to the world’s largest population and a fast-developing healthcare sector.

Competition Outlook
Orion Health Ltd, Cerner Corporation, Athenahealth, Inc., Aetna Inc., Lincor Solutions, Welvu, Get Real Health, Allscripts Healthcare Solutions, Inc., Oneview Ltd, Medecision, Inc., McKesson Corporation, and IBM are major players operating in the global patient engagement solutions market. Mergers and acquisitions are prime strategies incorporated by these players to increase their reach and expand their customer base.

CBD Oil Market Overview, Dynamics, Growth Factors for Business Expansion, Key Companies, Trends and Forecast 2024

The latest report on CBD Oil Market collated by Market Research Future, offers a deep dive into market dynamics, size, revenue estimations and growth rate.

Overview:
The global CBD Oil Market is on track to register a valuation worth USD 3782.32 million by 2024, with a CAGR of 38.45% during the forecast period covering 2019 to 2024. Market Research Future (MRFR) predicts and discusses prospects in their report in detail to facilitate understanding of steps that would further increase CBD oil market value.

Market Drivers and Restraints:
An increasing number of participants from diverse countries, growing legalization of the product in different countries, relaxation in laws, acceptance in the healthcare sector for use on human beings and animals, rising number of FDA approvals, increasing expenditure to promote research and development sector, recent positive results in the treatment of epilepsy and cancer, and others are expected to make sure that the market stays on the right track of growth.

However, the global CBD oil market analysis may find it difficult with the apprehensions FDA and other regulatory bodies still have about the product. Legal usage of the oil is limited due to this and it can hamper CBD oil market growth.

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Segmentation:

The global market report on the CBD oil has been segmented on the basis of type and application. These two segments have several factor-based analysis and charts to support the claims made in the report.
By type, the global study on the CBD oil market has been segmented on the basis of hemp-derived and marijuana-derived. The hemp-derived segment has better market valuation and a higher CAGR for the forecast period.
By application, the study includes the cosmetics industry, food industry, pharmaceuticals, and others. The cosmetic industry is expected to produce the fastest CAGR during the forecast period.

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Regional Analysis:

The Americas is leading the global CBD oil market size with countries like the US and Canada impacting the global space significantly. In Europe, the market will benefit from countries like the Netherlands, Belgium, and others where the consumption of such products is higher. In Asia Pacific, India, China, Japan, and South Korea will impact the market the most.

Competitive Landscape:

The global market for CBD oil is expected to benefit from strategic moves like mergers, collaborations, innovations, better research funding, and others. Influential companies like Freedom Leaf, Inc. (US), Aphria Inc. (Canada), Folium Biosciences (US), ENDOCA (Netherlands), Green Roads of Florida, LLC (US), Charlotte’s Web Holdings, Inc. (US), Medical Marijuana, Inc. (US), Canopy Growth Corporation (US), CBD American Shaman (US), CV Sciences, Inc. (US), Curaleaf Holdings, Inc. (US), Aurora Cannabis (US), MedMen Enterprises Inc. (US), Absolute Terps (US), NuLeaf Naturals (US), Pharmahemp (Slovenia), Whistler Medical Marijuana Corporation (Canada), Kazmira LLC (US), HempLife Today (US), Emblem Cannabis (Canada), and others will make sure that the market reaps the maximum benefit of it. MRFR recorded changes in great detail to understand how the market stands to benefit from the impact of these companies.

Industry News:

In June 2020, Nextleaf Solutions Ltd., a well-known brand from Canada as an innovative cannabis extractor, announced that it had received several patents from various regions like North America, Asia, and Europe. These additional patents will cover countries like the United States, Poland, Malta, Ireland, Spain, Portugal, Denmark, and Cambodia. The jurisdiction includes these regions but is not limited to these parts. The company will explore possibilities using the unique method of extracting and separating cannabinoids and terpenes.
In May 2020, WILD, by Nature from Clean CBD, announced that their new botanically-inspired CBD products contain absolutely no THC and rich with all-natural fruity flavors. The company functions from California and promises unique sensorial experiences. This experience will be guided by new CBD tinctures and portable CBD shots and these can be administered in single doses. It will be available online and with a few retailers in the US.

Inhalation Anesthesia Market Overview, Dynamics, Supply & Demand, Analysis & Forecast by 2025

The Inhalation Anesthesia Market research report, presented by Market Research Future, elucidates relevant market insights that serve the best interest of both global and regional players.

Also Read: https://www.medgadget.com/2020/05/inhalation-anesthesia-market-size-projection-impact-of-covid-19-analysis-sales-statistics-share-growth-value-future-trends-and-segmentation-by-2025.html

Market Outlook
The global inhalation anesthesia market is expected to reach a significant valuation by exhibiting a CAGR of 3.8% during the forecast period. The market size stood at USD 1.12 billion in 2018. The growing elderly populace is one of the biggest drivers of the market. The amount of surgeries affecting the elderly warrants the need for inhalation anesthesia. According to the World Health Organization (WHO), the numbers of the elderly can inflate from 12% to 22% by 2050.

Inhalation anesthetic agents are a group of chemicals used in induction and maintenance of anesthesia during surgery. They are preferred due to the precise control of the anesthesia and prevent the movement of the body. It is preferred for maintenance due to its low cost. The global Inhalation Anesthesia Market report contains useful insights, drivers, and challenges for producers of anesthetic agents during the period of 2019 to 2025 (forecast period). The report will take a comprehensive analysis of the industry and map the various strategies of players as well as the sustainable strategies undertaken by them to sustain during the forecast period.

Rise of emergency short stays at hospitals and ambulatory care centers is one of the biggest drivers of the market. Improvements in healthcare infrastructure, success in surgeries, and access to health insurance are other factors which will be critical to the global inhalation anesthesia market. Rising approvals of regulations, prevalence of cardiovascular and respiratory disorders, and inhalation of drugs can induce the procurement of inhalation anesthesia. Moreover, the need for the safe passage of drugs for inhalation during maintenance and induction can induce the need for inhalation anesthetics.

Concerns regarding greenhouse gas emissions can impede the market growth. But anesthesia recycling is expected to gain traction to overcome challenges portrayed by the prolonged use of these gases. Anesthesia recycling systems have been developed to collect anesthesia gases from hospital vents.

Segmentation
The global inhalation anesthesia market is segmented by product and application.
By product, it is segmented into sevoflurane, isoflurane, and desflurane. Sevoflurane had dominated the market in 2018 and pegged to continue till the end of the forecast period. This can be attributed to the usage in anesthesia induction and low cost. On the other hand, isoflurane is effective in low amounts and be passed via the lungs to lower hospital expenses.
Major applications include induction and maintenance.

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Regional Analysis
Regions covered with respect to the global inhalation anesthesia market are the Americas, Europe, Asia Pacific (APAC), and the Middle East and Africa (MEA).
The Americas is estimated to lead the global market owing to the growing geriatric population. As per the data by the United Census Bureau, the U.S. populace can expand from 326 million in 2018 to 404 million by 2060. According to statistics by the World Health Organization (WHO), more than 20% of the population in the U.S. will comprise persons aged 65 and above by 2030. The spike in the number of surgeries can drive the demand for inhalation anesthesia. According to the American Society for Aesthetic Plastic Surgery, close to 1.5 million surgeries were conducted in 2017.

APAC can display a stellar growth rate during the forecast period owing to increased healthcare expenditure of nations, prevalence of chronic conditions, and awareness of medications. Other drivers include health insurance for masses, rise of medical tourism, and establishment of ambulatory care centers.

Competition Outlook
Lunan Pharmaceutical Group Co. Ltd, Halocarbon Products Corporation, Baxter International Inc., Jiangsu Hengrui Medicine Co. Ltd, Fresenius Kabi AG, Hikima Pharmaceuticals plc., AbbVie Inc., and Piramal Enterprises Limited are key players of the global inhalation anesthesia market.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and Wherever Required We Will be Considering Covid-19 Footprints for a Better Analysis of Markets and Industries. Cordially Get in Touch for More Details.

Sleep Testing Services Market Expected To Reach At A Highest Growth During Forecast Period 2023

In addition, the Sleep Testing Services Market report illustrates the key obstacles and innovative growth strategies adopted by leading manufacturers having a stronghold in the global market.

Sleep Testing Services Market Research Report: by Diagnostic Services (Home Sleep Testing, In-Lab Sleep Testing), by Treatment Monitoring Services (Obstructive Sleep Apnea, Insomnia, Narcolepsy, Others), by End User (Hospitals, Other) – Global Forecast Till 2023

Market Highlights
The global Sleep Testing Services Market is anticipated to hold a market value of USD 5.9 billion in the year 2017 and is expected to grow at a CAGR of 13.2% during the forecast period. Sleep testing services are used to diagnose sleep disorders by recording heart rate, breathing patterns, brain waves, eye movements, leg movements, etc.
Rising prevalence of sleep disorders, increasing awareness about sleep testing services and technological advancements related to sleep testing services are expected to drive the growth in the market over the forecast period. According to an article published in the Psychiatry Research magazine by Science Direct published in July 2018, global prevalence of restless leg syndrome (a sleep disorder) is 14.8%. However, high costs of the sleep testing services can restrain the market growth over the assessment period.

Regional Analysis
Geographically, the Americas is expected to dominate the global market owing to the high prevalence of various sleep disorders, rising awareness about the sleep testing services. According to an article published by the National Institute of Neurological Disorders and Stroke in July 2018, 135,000 to 200,000 people in the US are affected by narcolepsy, which is a disorder that affects the sleep-wake cycle of a person. Europe is expected to hold the second largest position in the global market owing to the increasing awareness about sleep testing services. Asia-Pacific is expected to be the fastest growing market owing to the rising prevalence of sleep disorders like insomnia, restless leg syndrome, etc. Moreover, the Middle East and Africa region is expected to account for the least market share in the global market.

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Segmentation
The global sleep testing services market has been segmented into diagnostic services, treatment monitoring services and end user.
The market, on the basis of diagnostic services, has been segmented into home sleep testing and in-lab sleep testing. In-lab sleep testing is further segmented into electroencephalogram, full polysomnography, CPAP/BiPAP Titration, multiple sleep latency test (MSLT) and maintenance of wakefulness test (MWT).
The global market, on the basis of treatment monitoring services, has been segmented into obstructive sleep apnea, insomnia, restless legs syndrome, circadian rhythm disorders, narcolepsy and rapid eye movement (REM) sleep disorder.
The global sleep testing services market, by end user, has been segmented into hospitals, sleep centers, home care settings and others. The hospitals segments is expected to hold the largest market share owing to high preference of people visiting the hospitals for treating their disorders. Whereas the sleep centers are expected to grow at the fastest market share owing to increasing awareness among patients regarding the sleep centers.

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Key Players
Some of the prominent players in the global sleep testing services market are St. Luke’s, Medical Service Company, Midwest Sleep Diagnostics, Inc., Sleep Services Australia, Total Sleep Holdings, Inc., GenesisCare, Carolinas Sleep Services, SleepMed, SOVA Sleep Services, SleepWorks, LLC, HomeSleep, LLC and Others.

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Flexible & Semi-rigid Ureteroscopy Market Size, significant challenges, Specifications, Analysis Forecast To 2023

The Flexible & Semi-rigid Ureteroscopy Market witnesses a constant revenue growth. Market growth attributes to the rising adoption of ureteroscopy methods in therapeutic & diagnostic applications. The increasing prevalence of urolithiasis and kidney cancer worldwide acts as a key tailwind for the market growth. Besides, technological advances in surgical techniques and devices used in ureteroscopy, increase the flexible and semi-rigid ureteroscopy market size. Successful integrations of wireless technologies into ureteroscopes define the growing landscape of the market.

According to Market Research Future (MRFR), the global flexible & semi-rigid ureteroscopy market is poised to grow at 5.4% CAGR during the review period (2018 – 2023). The non- invasive nature of ureteroscopy is a key driving force increasing its uptake. It takes meticulous skill sets to make flexible ureteroscopy an effective and reproducible modality. This, in turn, presents an opportunity for robotic assistance to offer the same enabling assistance as in laparoscopic surgery.

Wireless and robotic ureteroscopy are recent flexible and semi-rigid ureteroscopy market trends. Rising introductions of futuristic endoscope devices and room-ready wireless endoscopes push the flexible and semi-rigid ureteroscopy market growth. Also, increasing funding & rebates for endoscopic screening & treatment increases the market size. Moreover, rising product launches that meet the Federal Communications Commission requirements accelerate market growth.

On the other hand, the high cost and skillsets required for semi-rigid ureteroscopy methods are major factors expected to impede the market growth. Also, side effects and risk of infection spread associated with devices used during ureteroscopy restrict the uptake of ureteroscopy. Additionally, the lack of awareness for availability & benefits obstructs flexible and semi-rigid ureteroscopy market growth.

Nevertheless, rising preference for less invasive treatment methods would support the market growth throughout the assessment period. Furthermore, the rising demand for effective diagnostic & therapeutic options for kidney stone and kidney cancer would increase flexible and semi-rigid ureteroscopy market share.

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Global Flexible & Semi-Rigid Ureteroscopy Market – Segments

The report is segmented into four dynamics;

By Product : Flexible Ureteroscopes, Fiberoptic Ureteroscopes, Digital Ureteroscopes, Semi-rigid Ureteroscopes, Rigid Ureteroscopes, and others.

By Application : Therapeutic Applications, Urinary Stricture, Urolithiasis, Kidney Cancer, Diagnostic Applications, and others.

By End-Users : Hospitals & Clinics, Ambulatory Surgical Centers, Diagnostic Centers, Research centers, and others.

By Regions : Europe, Americas, Asia Pacific, and Rest-of-the-World.

Global Flexible & Semi-Rigid Ureteroscopy Market – Regional Analysis

North America leads the global flexible & semi-rigid ureteroscopy market. Significant market share attributes to the rising prevalence of kidney stone & obesity disorder and innovations in clinical practice treatment in the region. Besides, the strong economy of the region and massive developments in the healthcare domain drive market growth.

Rising focus on advanced diagnosis & treatment methods defines the increased numbers of research institutes and technology upgrades. Moreover, the presence of notable industry players, advanced hospital infrastructures, and skilled healthcare professionals increase the flexible and semi-rigid ureteroscopy market size in North America.

Europe holds the second-largest flexible and semi-rigid ureteroscopy market share globally. The market is led by the increase in occurrences of kidney stone due to the increasing use of concentrated drinks, crash diets, and changes in lifestyle. Also, rapid advances in the diagnosis & treatment of urinary stricture, urolithiasis, and kidney cancer foster the growth of the regional market. Besides, the rising R&D investments by the government and focus on the development of new devices contribute to flexible & semi-rigid ureteroscopy market growth in Europe.

The flexible & semi-rigid ureteroscopy market is brisk in the Asia Pacific region. Factors like the rising prevalence of kidney problems, alongside the prevailing trends such as changing lifestyle and crash diets in demographics, influence the regional market growth. Furthermore, the availability of various diagnosis & treatment methods to treat increasing patients suffering from kidney cancer creates enormous market demand.

Moreover, the augmenting demand for quality devices and advancing healthcare technology in the region provide impetus to market growth. The APAC flexible & semi-rigid ureteroscopy market is anticipated to register a phenomenal CAGR throughout the analysis period.

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Global Flexible & Semi-Rigid Ureteroscopy Market – Competitive Analysis

Highly competitive, the flexible & semi-rigid ureteroscopy market appears fragmented with the presence of many well-established players. To gain larger competitive advantages, industry players incorporate strategic initiatives, such as mergers & acquisitions, collaboration, expansion, and technique/technology launch. These players make substantial investments to drive R&D and to expand their footprints. Quality, reliability, and cost are key parameters based on which they compete against each other.

Major Players:

Players leading the flexible & semi-rigid ureteroscopy market include Olympus Corporation (Japan), Stryker (US), Boston Scientific (US), KARL STORZ (Switzerland), Richard Wolf (Germany), ELMED Medical Systems (Turkey), Rocamed (France), Maxer Endoscopy (Germany), and Vimex Endoscopy (Poland), ProSurg (US), among others.

Industry/Innovation/Related News:

June 01, 2020 — An Israeli endoscopy devices manufacturer- 3NT Medical, announced that the FDA has given clearance for its Colibri Micro ENT Scope. The new Colibri Endoscopy System is a unique Single-Use Endoscope designed for Otologists. Furthermore, the new sterile endoscope offers improved safety to patients and medical staff by eliminating the risk of cross-contamination.

Obesity Treatment Market: Outlook Continues to Remain Positive by 2017 – 2023

Market Research Future latest research report on Obesity Treatment Market features a comprehensive outlook pertaining to market valuations, market share, and profit estimations.

Global Obesity Treatment Market Research Report, by Type (Inactivity, Obesity gluten, Obesity), Diagnosis (Blood Tests, Physical Examination), Treatment (Medication, Surgery, Lifestyle Changes), End-Users (Hospitals, Clinics) – Global Forecast Till 2023

Obesity is a medical condition characterized by the excessive amount of fat. It can lead to many diseases such as cardiovascular, diabetes, and others. It can be treated via a combination of exercise and medication. Market Research Future (MRFR) has collected information on the causes of obesity, developments in its treatment, and medications and its prospects for the period between 2017 to 2023 (forecast period).

Market Scope
The global Obesity Treatment Market is set to expand at a CAGR of 16.7% CAGR during the forecast period. The number of patients diagnosed with obesity and the acceptance of bariatric surgeries are factors driving the market growth. For instance, the Monash University has accounted for close to 15,000 bariatric surgeries occurring in Australia in 2015.
Rising demand for minimally invasive surgeries, awareness of the health risks posed by obesity, and favorable reimbursement policies are major growth drivers of the market. Balloon capsules are a brand new method for losing weight and not being diagnosed with other medical conditions. The large number of endoscopic surgeries being conducted globally is an indicator of the upward trend of the global obesity treatment market.

But high costs of surgeries and low healthcare expenditure in developing economies can impede the global obesity treatment market growth.

Segmentation
The global obesity treatment market is segmented on the basis of type, diagnosis, treatment, and end-user.
On the basis of type, the market is segmented into venous obesity, inactivity obesity, food obesity, atherogenic obesity, anxiety obesity, and gluten obesity.
By diagnosis, the market is categorized into blood tests, physical examination, and others. The blood tests segment is sub-segmented into cholesterol test, liver function test, thyroid test, and others. The physical examination segment is sub-segmented into heart rate measurement, blood pressure measurement, and others.
On the basis of treatment, the market is segmented into lifestyle changes, medication, surgery, and others. The medication segment is sub-segmented into orlistat, phentermine and topiramate, lorcaserin, liraglutide, and others. The surgery segment is sub-segmented into gastric bypass surgery, gastric sleeve, biliopancreatic diversion, laparoscopic adjustable gastric banding (LAGB), gastric sleeve, and others.

End-users of the market include pharmacies, hospitals, clinics, and others.

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Regional Analysis

The Middle East & Africa (MEA), Americas, Asia Pacific (APAC), and Europe are regions which have become the focus of interest in the global obesity treatment market report.
The Americas are predicted to dominate the global obesity treatment market till the end of the forecast period owing to a large obese population. The large numbers of young people in the United States with a BMI over 35 is indicative of the large growth potential of the market within the region. Endoscopic procedures and obesity management procedures can bode well for the market. Recently, Stanford Children’s Health experts have created weight management programs for children for maintaining their weight without going exceeding it.

Europe is the second-largest region of the market due to large availability of funds, large obese population, and large number of bariatric surgeries. As per the Eurostat report of 2016, more than 51.6% of adults living in the European Union are defined to be overweight. The National Institute of Health Research, a government agency in the U.K. has been awarded close to USD 647,832.50 for checking on the efficacy of obesity management programs by the NHS.
Competition Outlook
Cousin Biotech, USGI Medical, Inc., F. Hoffmann-La Roche, Ltd., Arena Pharmaceuticals, Inc., Medtronic, Mediflex Surgical Products, Orexigen Therapeutics, Inc., VIVUS, Inc., Olympus Corporation, Covidien plc, EnteroMedics, Inc., Allergan, Johnson & Johnson Services, Inc., and Novo Nordisk A/S are key players of the global obesity treatment market.
Industry News
The new drug created by Novo Nordisk, Saxenda, contains liraglutide which can reduce cravings and make its way into new batch of obesity management drugs. This can open up avenues for its use with FDA-approved therapies to treat obesity.

Cervical Cancer Treatment Market to Witness Increase in Revenues by 2023

Market Research Future latest research report on Cervical Cancer Treatment Market features a comprehensive outlook pertaining to market valuations, market share, and profit estimations.

Cervical Cancer Treatment Market Information: By Type (Squamous Cell Carcinomas, Adenocarcinomas, Adenosquamous Carcinomas), Treatment (Surgery, Radiation Therapy, Chemotherapy, Targeted Therapy), End-User (Cancer Care Centers) – Global Forecast Till 2023Cervical Cancer is a deadly disease which affects the cervix and can be prevented by regular screening tests to catch them at a preventive stage. Discernment of the presence of human papillomavirus (HPV) is the first indicator of the disease. The global cervical cancer treatment market report by Market Research Future (MRFR) contains factors and impediments which can enlighten potential investors.

Market Outlook
The global Cervical Cancer Treatment Market is predicted to exhibit 6.5% CAGR from 2017 to 2023 (forecast period). This can be attributed to increasing cases of cervical cancer. Screening programs for women health and developments of advanced imaging techniques are drivers of the market. Targeted therapies and government initiatives for creating awareness among women can drive the market growth. Sexually transmitted diseases, multiple sexual partners, HIV infection, and smoking are other factors expected to drive the market. But high treatment costs can impede the cervical cancer treatment market.

Segmentation Analysis
The cervical cancer treatment market is segmented by type, treatment, and end-user.
By type, it is segmented into adenocarcinomas, adenosquamous carcinomas, and squamous cell carcinomas. Squamous cell carcinomas is expected to be the largest segment with more than 85% of cases caused by this strain of cancerous cells. Regular screening tests and Pap tests can drive the segment growth. On the other hand, adenocarcinomas can be accountable for a sizeable market share due to being prevalent among Hispanic and African-American races. By treatment, it is segmented into targeted therapy, hormone therapy, radiation therapy, chemotherapy, surgery, and others.By end-user, it is segmented into pharmacies, cancer care centers, diagnostic centers, and others.

Regional Analysis
Asia Pacific (APAC), the Americas, the Middle East & Africa (MEA), and Europe are regions covered in the global cervical cancer treatment market report.
The Americas is expected to reign supreme till the end of the forecast period due to increased prevalence of cervical cancer and launch of effective drugs during chemotherapy.Targeted therapies and development of new imaging devices are other drivers of the regional market. North America can contribute to overall market revenue by rapid approval of new drugs, while South America can exhibit a decent growth rate during the forecast timespan by launching awareness programs for women. Experimental therapy by researchers of the University of Michigan which eliminated all lesions in the cervix can bound to be fruitful for the global cervical cancer treatment market. The Europe region is expected to be lucrative due to various hospitals and medical institutes offering affordable treatment options for cervical cancer. Investment in research and development in the U.K. and Germany and development of technologically advanced devices can augur well for the market. The APAC cervical cancer treatment market is expected to boom due to rise in medical tourism and options for cost-effective treatment options in Japan, China, and India. Presence of skilled personnel, procurement of new imaging and diagnostic techniques, and high rate of cervical cancer are factors assumed to drive the market growth. Healthcare initiatives and support for oncology research by local governments can bode well for the overall market. Lastly, the MEA region is driven by Saudi Arabia and the United Arab Emirates (UAE). Availability of technologically advanced techniques and development of cancer facilities for patients can augment the regional market size by 2023.

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Competitive Outlook
Genentech USA, Bristol-Myers Squibb Company, Alnylam Pharmaceuticals, Inc, Actavis Pharma Company, ALLERGAN, Novartis, Eli Lilly and Company, Biocon, Pfizer Inc., Hetero, GlaxoSmithKline, and others are some of the major players in the cervical cancer treatment market. Launch of effective drugs and investments in research and development are prime strategies of these players.

Chronic Kidney Disease Market size by Industry Insight Analysis, Segments, Top Key Players, Drivers and Trends to 2023

Market Research Future latest research report on Chronic Kidney Disease Market features a comprehensive outlook pertaining to market valuations, market share, and profit estimations.

Chronic Kidney Disease Market Research Report: By Diagnosis (Blood Test, Urine Test, Biopsy), by Treatment (Drugs, Dialysis, Kidney Transplant), by Indication (Type 1 or Type 2 Diabetes, High Blood Pressure), End-User (Hospitals) – Global Forecast Till 2023

Overview:
The global report on the Chronic Kidney Disease Market suggests a good hike in the revenue during the forecast period of 2018 to 2023. Market Research Future (MRFR) reveals various factors that can impact the market outcome in the coming years, like an increasing number of biopsy procedures, the inclusion of new technologies in the healthcare sector, market competition to develop better products and edge out rivals, hike in research investment, and others. However, in some cases, the high cost associated with procedures can deter the market from having good growth.

Segmentation:

The global report on the chronic kidney disease market has been studied by MRFR experts after getting it segmented on the basis of indication, diagnosis, treatment, and end-user. This recording of segments is backed by a close study of various factors and demographic challenges that would help the market in developing strategies with better possible impacts.By diagnosis, the report contains details of the chronic kidney disease market with segmentation into urine tests, imaging tests, blood tests, and kidney biopsy. The imaging test segment is getting traction for its ability to provide certainty regarding the process. By treatment, the market report has been segmented into dialysis, drugs, and kidney transplant. The drugs segment has been segmented into angiotensin-ii receptor blockers, ace inhibitors, beta-blockers, calcium channel blockers, and erythropoiesis-stimulating agents. By indication, the report on the chronic kidney disease market includes segments like high blood pressure, polycystic kidney disease, Type 1 or Type 2 diabetes, and others. Growing number of diabetes patient is spurring the demand for type 1 or type 2 diabetes segment. By end-user, the global market report on chronic kidney disease has been segmented into diagnostic centers, hospitals and clinics, and others. The hospitals and clinics segment has been getting thrust from the market for its ability to address the disease with better infrastructure is higher than other parts.

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Regional Analysis:

North America has the chance to lead the market as the expenditure for the healthcare sector is high in the region. This is primarily due to the superlative healthcare setup and improved reimbursement policies that help more patients in going for a check-up. On the other hand, the presence of countries like the US and Canada are expected to boost the regional market. In Europe, market growth would get backed by countries like the UK, Italy, France, Germany, and others. In the Asia Pacific region, growth would be backed by emerging nations and their revamped healthcare industry. Competitive Analysis: The global market for chronic kidney disease market depends on the strategic moves made by companies like Beckman Coulter, Abbott, Siemens, Sysmex, ACON Laboratories, Inc., F. Hoffmann-La Roche Ltd, ARKRAY, OPTI Medical, URIT Medical, Nova Biomedical, Teva Pharmaceutical Industries Ltd., 77 Elektronika, Randox Laboratories, Pfizer Inc., AbbVie Inc., Amgen Inc., AstraZeneca Plc, GlaxoSmithKline Plc, F. Hoffmann-La Roche Ltd., Sanofi S.A., and Kissei Pharmaceutical Co. Ltd. These companies and their latest proceedings have been tracked by MRFR for a better understanding of the market growth impacts and maps. Industry News: In March 2020, researches revealed that opioids are more harmful when it comes to treating patients with kidney diseases than non-steroidal anti-inflammatory drugs (NSAID). In a study of the Chronic Renal Insufficiency Cohort (CRIC) study, researchers realized that the impact of the medicines is quite negative on patients than on people who are not taking opioids. This will give pharmaceutical companies a new direction to work on.

Guillain–Barré Syndrome Market In-Depth Analysis on Market Dynamics, Segmentation & Emerging Growth Factors 2023

Market Research Future latest research report on GUILLAIN–BARRÉ SYNDROME MARKET features a comprehensive outlook pertaining to market valuations, market share, and profit estimations. The report precisely describes key obstacles and opportunities for growth, while drawing out competitive.

Guillain-Barre Syndrome Market Research Report, by Type (AIDP, MFS, AMAN), by Diagnosis (Lumbar Puncture), by Treatment (Plasmapheresis, Medication, Physical Therapy, Hydrotherapy), and by End-User (Hospitals, Diagnostic Centers) – Global Forecast Till 2023

Guillain-Barré syndrome (GBS) is a rare, acute, paralyzing, inflammatory disease of the peripheral nervous system that affects the protective covering of the peripheral nerves (myelin sheath), preventing the nerves from transmitting signals to the brain. Despite the standard of care treatment GBS, an aggressive neurological disease is leaving many patients deteriorating and shattered. Although the exact cause of GBS is not known yet, Guillain-Barré Syndrome is often preceded by infectious diseases such as a respiratory infection or the stomach flu.

Guillain–Barré Syndrome is one of the most common types of severely acute paralytic neuropathy conditions, and per year over 100,000 new cases of GBS are getting registered, worldwide. The increasing prevalence of the GBS is a key driving force driving the growth of the market. Moreover, factors such as the rising advancement in technology and medical science alongside the huge uptake of advanced technology in the healthcare industry escalate the market on the global platform.

According to a recently published study report from Market Research Future (MRFR), the global Guillain–Barré Syndrome Market is projected to accrue at a rapid pace by 2023, registering approximately 5.4% CAGR throughout the forecast period (2017 and 2023). The increasing prevalence of GBS is expected to be one of the major factors driving the growth of the market over the assessment period.

Additional factors such as the rising per-capita healthcare expenditure and increasing support and funding from the government foster the growth of the market, increasing the researches for the drug discoveries and novel therapeutics.

On the other hand, lack of awareness for the disease, absence of any definitive treatment, and low per capita healthcare expenditures are some of the major factors impeding the growth of the market, especially in the underdeveloped regions.

However, physicians strive for additional treatments that are cost effective and provide the best possible outcome for all patients. They try their best to ensure patient satisfaction with additional solutions that will keep them moving.

Guillain–Barré Syndrome Market – Segments

For ease of understanding, the analysis has been segmented into five key dynamics:
By Type : Acute Inflammatory Demyelinating Polyradiculoneuropathy (AIDP), Miller Fisher Syndrome (MFS), and Acute Motor Axonal Neuropathy (AMAN) among others.
By Diagnosis : Lumbar Puncture, Electromyography, and Nerve Conduction Studies among others.
By Treatment : Plasmapheresis, Medication, Physical Therapy, and Hydrotherapy among others.
By End-user : Hospitals & Clinics and Diagnostic Centers among others.
By Region : North America, Europe, Asia Pacific, and the Rest-of-the-World.

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Guillain–Barré Syndrome Market – Regional Analysis

The North American region, heading with the presence of a well-developed healthcare sector and huge patient population dominates the global Guillain–Barré syndrome market. Moreover, factors such as the changing lifestyle and rising per capita healthcare expenditure are fuelling the growth of the regional market. Additionally, the increasing numbers of clinical researches led by the massive funding from the public and private organizations are fostering the Guillain–Barré syndrome market in the region.
The Guillain–Barré syndrome market in the European region accounts for the second-largest market, globally. Factors such as the availability of funds for research and a vast patient population drive the regional market. Among the two major segments of Europe – Western and Eastern Europe, Western Europe is leading the Guillain–Barré syndrome market in the region, while Eastern Europe is the fastest growing market in the region.

The Asia Pacific Guillain–Barré syndrome market is projected to be emerged as a promising market, globally. Factors such as the vast advancements in the medical technologies and the fast-growing healthcare sector are propelling the growth of the market. Moreover, the large unmet needs, especially in the rapidly developing countries such as China and India, are likely to lead the regional market over the forecast period. Also, the growing government support for R&D activities boosts the growth in the regional Guillain–Barré syndrome market.

Guillain–Barré Syndrome Market – Competitive Analysis

The Guillain–Barré syndrome market appears highly competitive and fragmented characterized by the presence of several well-established and small players. Well-established players incorporate strategic initiatives such as acquisition, collaboration, partnership, expansion, and product launch to gain an edge over their competitions and thus to maintain their positions in the market. These players compete based on pricing, availability, brand, and variety.
These players are investing substantially in R&D and clinical trials to develop effective therapies to treat the syndrome. They are researching and developing breakthrough drugs and innovative therapeutic approaches that help make a difference in people’s lives, improving the quality of life for patients. These companies also focus on therapeutic areas with a high unmet medical need and the areas that require further innovation despite the progress that has been made.

Major Players:
Key players leading the global Guillain–Barré syndrome market include Baxter (U.S.), Grifols (Spain), CSL Behring (U.S.), ANNEXON, INC. (U.S.), Akari Therapeutics Plc (U.S.), Curavac (Europe), Vitality Biopharma (U.S.), Hansa Medical (Sweden), Covidien Limited (Republic of Ireland), Electrical Geodesics Inc. (U.S.), and Natus Medical Inc. (U.S.) among others.

Industry/ Innovation/ Related News:April 16, 2019 –– Hansa Biopharma AB (Sweden), a leader in immunomodulatory enzyme technology for rare IgG-mediated diseases, announced the receiving of Clinical Trial Application and Ethics Committee approvals in Europe for its Phase 2 study of imlifidase in Guillain Barré Syndrome (GBS).
October 16, 2019 —– Cellenkos, Inc. (the US), a leading clinical-stage biotechnology company announced receiving the US FDA clearance for its Investigational New Drug (IND) application ck0801 for the treatment-resistant Guillain-barré syndrome(GBS). Cellenkos can now proceed with a phase I clinical trial of CK0801, allogeneic cord blood-derived regulatory T cells, in patients with the treatment-resistant Guillain-barré syndrome.

The timely clearance of this IND and commencement of the Phase I trial will unlock the tremendous potential of cellular therapy application for neuroinflammatory disorders. This is yet another significant milestone that marks an important step forward for Cellenkos in finding effective treatments for autoimmune diseases.

Wound Debridement Products Market: Growth Opportunities, Current and Projected Market Size, Recent Industry Trends and Developments 2023

WOUND DEBRIDEMENT PRODUCTS MARKET research report, compiled by Market Research Future, delivers a comprehensive analysis on the key market dynamics, including drivers, restraints, opportunities, and threats.

Market Research Future latest research report on WOUND DEBRIDEMENT PRODUCTS MARKET features a comprehensive outlook pertaining to market valuations, market share, and profit estimations. The report precisely describes key obstacles and opportunities for growth, while drawing out competitive standing of market majors, including their portfolio and growth strategies.

Overview:
The global Wound Debridement Products Market is on a path of scaling a substantial valuation by the end of 2023 with an impressive CAGR to cover the forecast period of 2018 to 2023. Market Research Future (MRFR) announces several possibilities that can provide the market with thrust in the coming years and ensure its growth.
Factors like cost-effective measures, development of better products, inclusion of latest technologies, increased participation from manufacturers, rising expenditure for research and development, and increased awareness regarding the procedure would help the global wound debridement products market growth.
On the other hand, the slump in financial condition in some countries may restrain the wound debridement products market growth.

Segmentation:
The global wound debridement products market, as discussed by the MRFR experts, includes end-users to assist in the detailed study of the market proceedings. This segment holds various factors and data and ensures a proper study of the growth that could help in developing strategies later.
By end-users, the study on the global wound debridement products market includes nursing units, ambulatory centers, multi- specialty clinics, specialty care, and hospitals. The hospitals segment has the largest market share and it would continue to maintain its market domination during the forecast period as it helps investors to engage themselves in building a better prospect. These hospitals have infrastructures that also help skilled hands to take care of their patients. This is a major influencer for the market. The specialty care and ambulatory centers may experience substantial growth rate in the coming years.

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Regional Analysis:

The global wound debridement products market is expected to get strong support from the infrastructure of the Americas. North America would play a crucial role as their investment in the healthcare sector is substantial. Europe would also get proper support from various governments as their initiatives would inspire various research works.
Competitive Analysis:
The rising demand for proper wound care treatment, the global market for wound debridement products is expected to witness a thrust from the strategic moves maintained by companies like Smith & Nephew Plc, Advanced Medical Solutions Group, ArthoCare Corporation, and MediWound Ltd. A closer study of the recent proceedings of these companies is expected to reveal growth with strategies like mergers, acquisitions, and joint ventures that would help in various expansion plans. In addition, tactics like brand promotional activities, launching of new products, spurring of the investment in the research and development sector to boost the innovation process, and others would ensure the market gets a decent chance to move ahead smoothly. MRFR has attempted to record all these moves to gauge how the market flow will impact the future outcomes.

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Industry News:

In May 2020, BTIG announced that the Buy rating on Misonix (MSON) would be around a price target of $18.00. The first week of May witnessed the share price of Misonix reach a $12.08. Misonix, Inc. is a reputed medical device company with substantial focus on the development, design, manufacture, and marketing of myriad types of therapeutic ultrasonic medical devices. Its impact on the wound debridement product manufacturing is immense.
In May 2020, Sanara MedTech Inc., based out of Texas, is a provider of diverse surgical and chronic wound care products and has its focus on improving patient outcomes. The company announced today a proper execution of new license agreement with Rochal Industries, LLC. The agreement is for an autolytic debrider wound dressing that is currently under development.

Bile Duct Cancer Market Expected To Reach At A Highest Growth During Forecast Period

Market Research Future latest research report on BILE DUCT CANCER MARKET features a comprehensive outlook pertaining to market valuations, market share, and profit estimations. The report precisely describes key obstacles and opportunities for growth, while drawing out competitive standing of market majors, including their portfolio and growth strategies.

Bile Duct Cancer Market Research Report, By Type (Intrahepatic, Extrahepatic), Diagnosis (Blood Tests, Abdominal Imaging, Surgery), By Treatment (Chemotherapy, Radiotherapy), By End User (Hospital& Clinics, Academic Institutes) – Global Forecast till 2023

Market Analysis

The global Bile Duct Cancer Market is likely to grow at a 9.2% CAGR between 2017- 2023, according to the recent Market Research Future (MRFR) report. Bile duct cancer is a form of cancer that occurs in the slender tubes which carry bile through the liver. It is a rare yet aggressive type of cancer. Some of its symptoms include nausea and vomiting, fever, loss of appetite, weight loss, abdominal pain, dark urine, light-colored stools, jaundice, and intensely itchy skin.Various factors are adding to the global bile duct cancer market share. These factors, as per the new MRFR report, include increasing cases of bile duct cancer, rising healthcare expenditures, rising awareness of bile duct cancer, increasing investments in the research and development activities for treatment procedures, and technological advances in the healthcare sector.

On the contrary, high treatment costs, long duration in drug approvals, low healthcare expenditure, and related side effects are factors that may limit the bile duct cancer market growth over the forecast period.

Market Segmentation
The MRFR report provides an inclusive segmental analysis of the global bile duct cancer market based on end users, type, treatment, and diagnosis.By type, the bile duct cancer market is segmented into extrahepatic, intrahepatic, and others.
By diagnosis, the bile duct cancer market is segmented into surgery, abdominal imaging, blood tests, and others. The abdominal imaging segment is again segmented into magnetic resonance cholangiopancreatography (MRCP), percutaneous transhepatic cholangiography (PTC), endoscopic retrograde cholangiopancreatography (ERCP), and others.By treatment, the bile duct cancer market is segmented into radiotherapy, chemotherapy, and others. The chemotherapy segment is again segmented into cisplatin, gemcitabine, 5-fluorouracil, and others. Of these, the 5-fluorouracil segment will lead the market over the forecast period.
By end users, the bile duct cancer market is segmented into research organizations, academic institutes, hospitals and clinics, and others. Of these, the hospitals will have lions share over the forecast period.

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Regional Analysis

Based on the region, the global bile duct cancer market covers the recent trends and growth opportunities across Europe, the Americas, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the Americas will spearhead the market over the forecast period. Factors adding market growth include the presence of a well-established healthcare industry, increasing healthcare expenditure, a rising number of patients, and rising cases of bile duct cancer. Additional factors adding market growth include growing public-private investments, increasing awareness programs, and ongoing research activities. Canada & the US are the key contributors in the region for the rising cases of bile duct cancer.The global bile duct cancer market in Europe is predicted to hold the second-largest share over the forecast period. Factors boosting the market growth include government support for R&D, huge patient population, and availability of funds for research. Additional factors adding market growth in the region include technological advances, advanced healthcare facilities, and the presence of developed economies.

The global bile duct cancer market is the APAC region is predicted to grow at a quick face over the forecast period. Factors fuelling the market growth in the region include the presence of key suppliers and manufacturers of bile duct cancer drugs, increasing fiscal investments by government, increasing cases of liver infections, and huge patient population pool. China, as well as India, are the key contributors in the region.
The global bile duct cancer market in the MEA is predicted to have the smallest share over the forecast period for the presence of a poor economy, particularly in the Africa region. The Middle East will have a good share in the market for the huge healthcare expenditure & the presence of a well-established healthcare sector.

Key Players
Leading players profiled in the global bile duct cancer market report include Mylan N.V. (U.S.), Fresenius Kabi AG (Europe), Sanofi (Europe), Eli Lilly and Company. (U.S.), Teva Pharmaceutical Industries Ltd. (Middle East), Bristol-Myers Squibb Company (U.S.), F. Hoffmann-La Roche Ltd (Europe), and Pfizer Inc. (U.S.).
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and Wherever Required We Will be Considering Covid-19 Footprints for a Better Analysis of Markets and Industries. Cordially Get in Touch for More Details.

Endoscopy Device Market Size, significant challenges, Specifications, Analysis Forecast To 2023

Market Research Future, compiled report on Endoscopy Device Market delivers a holistic view on market valuations, market size, profit estimations, SWOT analysis and regional landscape of the market.

The Endoscopy Device Market is witnessing a constant rise in revenues. Market growth attributes to successful integrations of wireless technologies into medical endoscope devices and rising introductions of room-ready wireless endoscopes in the healthcare industry. Also, increasing funding & reimbursement for endoscopic screening & treatment increase the endoscopy devices market size. Moreover, rising product launches that are FDA approved and meet the Federal Communications Commission requirements escalate market growth to furthered height.

According to Market Research Future (MRFR), the global endoscopy device market is poised to reach USD 42,342.4 MN by 2023, registering 6.3% CAGR during the review period (2017 – 2023). Growing prevalence of myriads of chronic diseases, such as gastrointestinal disorders, obstetrics/gynecology diseases, and cancer, drives the endoscopy equipment and software market.

Additionally, rising awareness about the availability and benefits of endoscopy devices substantiate market growth.

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Market Drivers and Restraints:
Drivers:

Shift towards less invasive treatment methods.
Rising demand for effective diagnostic & therapeutic options.
Increasing geriatric population.

Restraints:

High cost of endoscopy devices.
Side effects, such as infections and complications arised due to endoscopy devices.
Lack of awareness for availability & benefits of endoscopy devices.

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Global Endoscopy Device Market – Segments

The report is segmented into six dynamics;
By Type : Rigid Endoscopes, Flexible Endoscopes, Capsule Endoscopes, Robot-Assisted Endoscopes, Surgical Endoscopes, and other Endoscopes.
By Therapy: Colonoscopy, Arthroscopy, Gastroscopy, Laparoscopy, Endoscopic Retrograde Cholangiopancreotography, Sigmoidoscopy, Cholangiopan Creotography, Ureteroscopy, Cystoscopy, and others.
By Treatment & Procedure: Gynecologic & Pelvic Organ Conditions, Abdominal, Joint & Orthopedic Conditions, Lower Gastrointestinal Conditions, Lung & Airway Conditions, Urinary System Conditions, Upper Gastrointestinal Conditions, and others.
By Application : Gastrointestinal Endoscopy, Arthroscopy, Obstetrics/Gynecology Endoscopy, Urology Endoscopy, Bronchoscopy, Mediastinoscopy, Otoscopy, and others.
By End-User : Critical Care, Gastroenterologists, General & Pediatric Surgeons, Obstetricians-Gynecologists (ob/gyns), Orthopedic Surgeons, and others.
By Regions : Europe, Americas, Asia-Pacific, and Rest-of-the-World.

Global Endoscopy Device Market – Regional Analysis

North America leads the global endoscopy device market. Significant market share attributes to the strong economy of the region and massive developments in the healthcare domain. Besides, factors such as the increasing focus of research institutions on technology upgrade to leverage advanced diagnosis & treatment methods. Moreover, the presence of key industry players, advanced hospital infrastructures, and skilled healthcare professionals increase the endoscopy devices market size. North America is estimated to retain its leading position in the global market throughout the review period.
Europe holds the second-largest share in the global endoscopy device market. The market is driven by the rapid advances in the diagnosis & treatment of cancer and gastrointestinal diseases. Besides, the rising government R&D investments and focus on the development of new devices contribute to endoscopy device market growth in Europe. Also, the increasing specialty services offered by various healthcare providers in the region foster the market growth. The European endoscopy device market is to grow at a significant CAGR during the estimated period.
The endoscopy device market is brisk in the Asia Pacific region. Factors such as the growing demand for neurology endoscopy devices and endoscopy software in India and China encourage regional market growth. Furthermore, various diagnosis & treatment methods to treat increasing patients suffering from cancer and gastrointestinal diseases create vast market demand in the region.
Moreover, the augmenting demand for quality devices, advancing healthcare technology, and increasing uptake of futuristic endoscopy devices in the region provide impetus to market growth. The APAC endoscopy device market is anticipated to register a phenomenal CAGR throughout the analysis period.

Global Endoscopy Device Market - Competitive Analysis

Highly competitive, the endoscopy device market appears fragmented due to the presence of several well-established players. To gain a larger competitive share, industry players adopt strategies such as mergers & acquisitions, expansion, collaboration, and product launch. Players also make substantial investments to drive R&D, innovations, and strategic initiatives. They acquire small yet promising companies from emerging markets to increase their global footprints. Quality, reliability, and cost are key parameters, industry players compete against each other based on.
Rising demand in the gastrointestinal endoscopy devices market and robotic endoscopy devices market encourages manufacturers to create unique solutions. Similarly, rapidly growing neurology endoscopy devices market and endoscopy equipment and software market attract new entrants, which further intensifies the competition in these markets.

Major Players:
Players active in the endoscopy device market are Integrate Endoscopy, J&J services Inc, Cogentix Medical, Interscope Inc., Cantel Medical, Shaili Endoscopy, Cognetix, Stryker, Karl Storz Gmbh & Co. KG, Micro-Tech Endoscopy, Olympus, Fujifilm, Pentax Medical, and Richard Wolf, among others.

Industry/Innovation/Related News:

June 01, 2020 --- 3NT Medical (Israel), a leading global endoscopy devices manufacturer, announced receiving the FDA clearance for its Colibri Endoscopy System. Colibri Micro ENT Scope is a unique Single-Use Endoscope designed for Otologists. 3NT Medical is a private corporation involved in the development of specialized single-use endoscopes for the diagnosis & treatment of ear, nose, and throat (ENT) disorders. Furthermore, the new sterile endoscope offers safety to patients and medical staff by eliminating the risk of cross-contamination.