Healthcare Market Research Report By MRFR

Thursday, September 30, 2021

pediatric healthcare Market for Middle East and Africa : Size, Share, Trends, Latest Innovations, Drivers and Industry Key Events 2018 – 2027

Market Overview

The pediatric healthcare Market for Middle East and Africa is slated to reach USD 63.6 billion by 2023 at CAGR of 4.1%.

Market Dynamics

Pediatric healthcare is a branch of medicine that deals with the medical treatment of babies, teenagers, and adolescents, as well as their growth and diseases. Since children have a weaker immune system, they are more susceptible to gastrointestinal, allergic, infectious, and other chronic diseases.

The demand for pediatric healthcare in the Middle East and Africa is rapidly expanding. Pediatric treatment is concerned with the well-being of children, babies, and teenagers. Pediatrics is concerned with the physical, emotional, and social well-being of children. Every year, an increase in the number of deaths due to various diseases, viral infections, and malnutrition contributes to the growth of the pediatric healthcare market in this country. The pediatric healthcare market is expanding due to an increase in diseases affecting infants and children. The growth of pediatric healthcare in the Middle East and Africa area is being driven by an increase in short-term and chronic diseases, as well as the development of healthcare infrastructure and facilities. The development of pediatric healthcare in the Middle East and Africa is being driven by technological advancements and government measures to develop the healthcare sector. Due to the growth of the healthcare system as well as the increasing importance of disease diagnosis and treatment in the Middle East, the market is projected to expand at the fastest pace. Furthermore, the government funding for the advancement of innovative therapies has an effect on the market’s growth. In Africa and the Middle East. Furthermore, the pediatric healthcare sector is fueled by increased government funding, as well as increased research activities in technological advancements.

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Segmental Analysis

Middle East and Africa Pediatric healthcare Market has been segmented on the basis of type of diseases which comprise Short term diseases, chronic diseases, and others. Diarrhea and an increase in injury-related cases are more common in children, so chronic illness is projected to account for the largest share of the pediatric healthcare market. Children’s lower immunity leads to an increased demand for chronic disease services.

On the basis of Therapeutics which comprise cardiology, allergy and immunology, gastroenterology, infectious disease, and others. Due to numerous changes in childcare patterns, increased emissions and reduced immunity, an increase in the number of hospitals and clinics dedicated to childcare, and an increase in demand for the sector, the allergy and immunology segment generated the most revenue. On the other hand, metabolic disorders such as obesity and diabetes, which are caused by a sedentary lifestyle caused by a lack of proper food and physical activity, as well as an increase in childhood hunger, are fueling the segment’s development.

On the basis of treatment it segmented into medication, surgery, and others.

Regional Analysis

In terms of the Middle East and Africa sector, the UAE is thought to be the main market for pediatric healthcare in the Middle East and Africa. Furthermore, the Saudi Arabian market is expanding and is the world’s second-largest market for pediatric healthcare. Over the forecast era, the introduction of new products for pediatric patients by key players, an increase in government initiatives to raise public awareness about pediatric therapies and disorders, and changes in healthcare infrastructure are expected to create a new opportunity for the pediatric healthcare industry.

The main market for paediatric healthcare is the United Arab Emirates. Due to an increase in health problems among infants and children in Africa, there is a huge demand for paediatric medical devices. In a number of underdeveloped African countries, there is a lot of room for paediatric medical devices and nutritional products to expand. A number of government organizations are assessing healthcare conditions in Africa, and healthcare companies are providing items such as healthcare camps for women and children.

During the forecasted era, the Egypt market, on the other hand, is expected to rise at a steady rate in the Middle East and Pediatric healthcare. The demand in the rest of the Middle East and Africa is expected to rise slowly but steadily.

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Competitive Analysis

There are many major players in the Pediatric Healthcare Market, which is moderately competitive. In terms of market share, the market is currently dominated by a few major players. Some major players are introducing new items, while others are disseminating them. Some of the key players in this market are: Novartis AG (Switzerland), AstraZeneca (UK), Janssen Global Services, LLC (Belgium), Eli Lilly and Company (US), Bristol-Myers Squibb Company (US), AMMT (Dubai), King Faisal Specialist Hospital and Research Centre (Saudi Arabia), VPS Healthcare (UAE).

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Corneal Surgery Market: Industry Trends and Developments 2019 – 2027

Global Corneal Surgery Market is expected to grow at a CAGR of 5.2% during forecasted period 2017-2023.

Corneal surgery devices are the devices used during the transplantation of cornea. Visual impairment can be caused due to genetic factors, diseases like diabetes and other infectious diseases and much more. According to WHO, 422 million people are suffering from diabetes globally and this number is increasing at the rate of 8.5%. According to American Academy of Ophthalmology, diabetes is responsible for causing visual complication in approximately 4.5 million Americans. An increasing number of surgical procedures and rising prevalence of diabetes and other diseases has promoted growth of the market. Increasing aging population, introduction on advanced devices for treatment and increasing healthcare expenditure has also contributed in the growth of the market. Moreover, continuous developments and high advancement in the corneal surgery devices, increasing incidence of diabetes, and increasing number of corneal surgeries has provided fuel for the growth of the market. Whereas, high cost of treatment and risk of infection due to devices has hampered the growth of the market. The risk of infection is very high since the cornea has no blood vessels and it derives its nutrients from the aqueous humor. Thus, prophylaxis treatment is an important part of the treatment even if there is no infection. Cornea rejection, occurs in about 20% of cases. Graft failure can also occur at any time after the cornea is transplanted, even years or decades later. These complications are the greatest barriers for the global corneal surgery market.

Segmentation: Global corneal surgery devices market is segmented on the basis of devices types, into diagnostic devices, corneal surgery devices, vision care. Diagnostic devices are further segmented into fundus cameras, keratometers, corneal topographer, ophthalmic ultrasound imaging systems and other. On the basis of transplantation type, market is segmented into deep anterior lamellar keratoplasty, penetrating keratoplasty, synthetic corneas and other. Synthetic corneas are further segmented into boston keratoprosthesis, alphacor, osteo-odonto-keratoprosthesis. On the basis of procedures, they are segmented into pre-operative examination, penetrating keratoplasty, lamellar keratoplasty On the basis of end users, they are segmented into ophthalmic clinics, hospitals and other.

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Regional Analysis

Geographically, Global corneal surgery devices market is dominated by America. America corneal surgery devices market is driven by the increasing number of corneal transplants and rising prevalence of diseases like diabetes and ophthalmic diseases. According to Eye Bank Association of America, more than 47,000 corneal transplants will be performed in the US alone in 2013. According to WHO, 82% of the people living with visual impairment are aged 50 and above. Many diseases are also responsible for causing ocular problems. According to American Academy of Ophthalmology, diabetes is responsible for causing visual complication in approximately 4.5 million Americans. America is segmented into two major regions; North America and South America. Major share for the market is acquired by North America due to well-developed medical sector, presence of huge aging population and high healthcare spending.

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The key players for the global corneal surgery devices market are Alcon Laboratories Inc. (Switzerland), KeraMED (Canada), Abbott Medical Optics Inc. (US), Bausch Lomb, Inc. (US), Carl Zeiss Meditec AG (Germany), Haag-Streit AG (Switzerland), Ziemer Ophthalmic Systems AG (Switzerland), Topcon Corporation (Japan), Essilor International S.A. (France), Johnson Johnson Private Limited (US), Nidek Co. Ltd. (Japan), Cooper Vision (US)

Global corneal surgery devices market is a saturated market due to the presence of many major and local players. A number of different devices are available in the market and so key players are trying to focus on acquisition and strategic alliances with local companies to minimize the competition.

Alcon Laboratories Inc. is an American medical company specializing in eye care products and is a subsidiary of Novartis. Company is headquartered in Switzerland. Company manufacturers number of diagnostic devices. WaveLight, VERION, EX-PRESS and CENTURION are some of the major diagnostic machines manufactured by the company.

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Glucose Tolerance Test Market Size Overview, Opportunities, In-Depth Analysis and Forecasts 2027

Market Analysis

The global Glucose Tolerance Test Market is predicted to touch USD 46,815.0 million at a 10.4% CAGR between 2014- 2023, as per the recent analysis by Market Research Future (MRFR). A glucose tolerance test, simply put, is a test that helps to measure how well the cells in a body can engross sugar or glucose after the patient consumes a certain amount of sugar.

Various factors are propelling the global glucose tolerance test market growth. As per the latest MRFR report, such factors include changing lifestyle, urbanization, rising prevalence of diabetes across the world, increasing healthcare awareness, rising lifestyle associated diseases, increasing obese population, and growing aging population.

On the contrary, limited reimbursement, high diagnosis and treatment cost, and the availability of affordable alternative technologies are factors that may limit the global glucose tolerance test market growth over the forecast period. Besides, the grave impact of the ongoing COVID-19 outbreak is also impacting the market growth.
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Market Segmentation

The MRFR report offers an inclusive segmental analysis of the global glucose tolerance test market report based on product, indication, and end user.

By product, the global glucose tolerance market is segmented into smart sensors, blood glucose testing kit, and others. The blood glucose testing kit is further segmented into test strips, meters, lancet, and others. Of these, the blood glucose testing kit segment will lead the market over the forecast period. Burgeoning demand for home care for diabetes, rising cases of diabetes, and easy accessibility and use are adding to the segment growth. It is predicted to touch USD 36,164.0 million by 2023.

By indication, the global glucose tolerance test market is segmented into reactive hypoglycaemia, insulin resistance, gestational diabetes, and diabetes. Of these, the diabetes segment will dominate the market over the forecast period. The rising cases of diabetes are adding to the growth of the segment.

By end users, the global glucose tolerance test market is segmented into home, hospitals, and diagnostic clinics. Of these, the diagnostics clinics will have a major share in the market over the forecast period.

Regional Analysis

Based on the region, the global glucose tolerance test market report covers the growth opportunities and recent trends across the Americas, Europe, the Asia Pacific, the Middle East and Africa. Of these, the Americas will lead the market over the forecast period. High healthcare expenditure, well-developed technology, and the rising cases of diabetes mellitus (DM) are adding to the global glucose tolerance test market growth in the region.

The global glucose tolerance test market in Europe is predicted to hold the second-largest share over the forecast period. The presence of a growing geriatric population, well-developed healthcare infrastructure, and increasing support from the government for RD are adding to the global glucose tolerance test market growth in the region.

The global glucose tolerance test market in the APAC region is predicted to grow at a fast pace over the forecast period. The presence of ample opportunities for the market development, coupled with the rapidly changing healthcare sector, is adding to the glucose tolerance test market growth in the region.

The global glucose tolerance test market in the MEA is predicted to have the smallest share over the forecast period for the slow poor developing countries, particularly in the African region.
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Key Players

Leading players profiled in the global glucose tolerance test report include Medtronic PLC, Sanofi, LifeScan, Inc., F. Hoffman-La Roche Ltd, Abbott Laboratories, Dexcom, Inc., and Panasonic. Industry players have incorporated several strategies to create a niche in the market and also cater to the consumers growing needs. These strategies comprise partnerships, collaborations, joint ventures, mergers and acquisitions, new product development and launches, extensive RD activities, contracts, geographic expansions, strategic alliances, and more.

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diabetes monitor market: Growth Factors Details for Business Development, Key Companies, Current Trends/Issues/Challenges and Forecast By 2027

Diabetes Monitors Market -Overview

The commonality of the diabetic condition is estimated to spur the need for products in the diabetes monitor market. The market’s report is efficiently analyzed as per MRFR, which provides outlooks for the global markets. By 2023, the market is estimated to witness an 8.3% CAGR.

The prominent companies in the market are making constant breakthroughs in product development, and this is estimated to stimulate the diabetes monitor market in the upcoming period. The serious side effects of diabetes necessitate constant monitoring, which is estimated to bolster the diabetes monitor market share in the forecast period.

Segmental Analysis

The segmentation of the diabetes monitor market is carried out on the basis of sample type, end-user, components, and region. The sample segment of the diabetes monitor market consists of sweat samples, urine samples, and blood samples. The component segment of the diabetes monitor market consists of glucose test strips, lancet, and sensors. The end-user segment of the diabetes monitor market consists of hospitals, diagnostic clinics, and homes. The type segment of the diabetes monitor market consists of continuous glucose monitors, point sample test-based glucose monitors, and enzyme-free sensor-based glucose monitors. The region segment of the diabetes monitor market consists of the Asia Pacific, Americas, Europe, and other crucial regions.

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Regional Overview

The regional review of the diabetes monitor market consists of the Asia Pacific, the Americas, Europe, and other crucial regions. The Americas regional market controls the global diabetes monitors market due to sophisticated technology, the patient population, excessive healthcare spending, and the region’s vital players’ presence. Owing to the diabetes high occurrence rate, companies, private organizations, and government associations aggressively advance diabetes care in the region. The European regional market holds the next place in the global diabetes monitors market. The European region is projected to be driven by the government unions’ support for research advancement, along with high-tech technology. The Asia Pacific region’s diabetes monitor market in the region is promptly increasing throughout the forecast period. A shared need for rapidly advancing technology, profitable glucose monitoring devices, and an enormous patient pool push the diabetes monitor market’s growth in the Asia Pacific region.

Competitive Analysis

The presence of online channels is predicted to enhance the market’s advancement in the upcoming years. The role of government bodies is estimated to be essential to the development of the market. The role of innovation is estimated to become even more critical for progress as the market grows. The foray of digitization-based methods into operation management and forecasting is predicted to transform the global market in the forecast duration. The tendency to invest and expand capacities is estimated to create a good scope for the market in the upcoming years. The overall support to rebuilding economic growth momentum is estimated to be increased than the past few years. The formation of solid trade relations among several regions is forecasted to have a beneficial effect on growth. The market is predicted to be driven by the effects of the COVID-19 pandemic by ensuring that businesses can counteract situations like these in the future. The upgrades in delivery strategies are anticipated to boost the market progress further shortly. The trends in the market are estimated to bolster the progress in the worldwide market.

The important contenders in the diabetes monitor market are Panasonic, Dexcom, Inc., F. Hoffmann-La Roche Ltd, Abbott Laboratories, Medtronic, LifeScan, Inc., and Sanofi.

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Industry Updates:

June 2021 Dexcom, Inc., a frontrunner in real-time continuous glucose monitoring (CGM), declared that individuals with diabetes under the age of 18 residing in Saskatchewan may now obtain provincial handling for the Dexcom G6 CGM System through Saskatchewan Health. This coverage development is in line with Dexcom’s undertaking to make it simpler for people living with diabetes to feel the benefits of using a CGM system for managing their diabetes.

May 2021 Medtronic has been on an assignment to make diabetes management hassle-free. The newest push toward this objective arrives through two new European endorsements for Medtronic’s suite of diabetes management and monitoring devices. The first of these CE marks permits for prolonged functionality of the InPen, a linked insulin pen designed for users needing many daily injections. The “smart” Bluetooth-enabled pen, which has earlier been approved in both Europe and the U.S., is the first of its kind to fit in with continuous glucose monitoring technology, permitting users to instantaneously track glucose analyses and insulin dose data through the matching connected app.

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Artificial Kidney Market to Register Steady Growth During 2017 to 2027

Market Highlights

According to MRFR analysis, the Artificial Kidney Market is expected to register a CAGR of 95.54% during the forecast period of 2019 to 2025 and expected to reach USD 2,795.01 Million by 2025. The global artificial kidney market is expected to grow at a rapid pace. The increasing research and development for enhancement of the dialysis process, rise in cases of chronic kidney diseases, and low availability of kidney donors are some of the factors influencing the growth of the market. However, issues with the size of artificial kidney and engineering problems associated with the devices are expected to hamper the growth of the market. The rise in awareness about renal failure diseases and changing lifestyle is expected to drive the market growth. One in three Americans is at risk for developing kidney disease due to rapidly rising rates of diabetes and high blood pressure. Moreover, the National Institutes of Health (NIH), declared March as National Kidney Month to raise awareness about chronic kidney diseases. The rise in awareness about chronic kidney diseases through campaign launches to opt for ambulatory dialysis will further increase the demand for the artificial kidney.

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Regional Analysis

On a regional basis, the market has been segmented into four major regions, including the Americas, Europe, Asia-Pacific, and Middle East Africa.

Americas are anticipated to dominate the global artificial kidney market owing to the presence of major players, rising research development by private public organizations, and rise in the number of cases of chronic kidney diseases. Europe is expected to account for the second-largest market in the global artificial kidney market owing to the rise in technological advancement in the field of medicine technology and the growing geriatric population. Furthermore, Asia-Pacific expected to be the fastest-growing segment owing to a rise in the prevalence of renal failure cases, a rise in disposable income, increasing investment by government bodies, and rising opportunities for major players to invest in the region. The Middle East Africa accounted for the least market share. However, untapped markets and a rise in awareness among patients about the advantages of artificial kidney would provide growth opportunities in the coming years. Segmentation The Global Artificial Kidney Market has been segmented into Type and Dialysis.

By type, the market has been segmented into the wearable artificial kidney and implantable artificial kidney. The wearable artificial kidney is expected to hold the largest market share owing to the increasing number of patients suffering from renal failure and the technical advantages of artificial organs.

On the basis of dialysis, the global artificial kidney market is bifurcated into hemodialysis, peritoneal dialysis, and combination. The hemodialysis segment accounted for the largest market share owing to the rise in the number of hemodialysis procedures.

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Key Players Some of the key players in the global artificial kidney market are Kawasumi Laboratories, Inc. (Japan), Blood Purification Technologies Inc., AWAK Technologies Pte.Ltd.(Singapore), Triomed AB. (Sweden), Asahi Kasei Medical Vo., Ltd, and others.

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Cerebral Oximetry Monitoring Market : Outlook Continues to Remain Positive by 2017 – 2027

The Global Cerebral Oximetry Monitoring Market anticipated to have held a market value of USD 130 million in the year 2018 and is expected to register a CAGR of 7.1% during the forecast period. Cerebral oximetry is a simple, non-invasive monitoring procedure used in a variety of different clinical applications such as cardiac and vascular surgeries; the technology is evolving and expected to be applicable beyond cardiac surgery.

The market for cerebral oximetry monitoring is anticipated to grow at a steady pace, the major factors influencing the growth of the market include; technological advancement in the field of medical devices, increasing demand for non-invasive procedures, increasing penetration of non-invasive devices in surgical procedures, increasing government programs for the safety of the newborn. However, few limitations such as low measurement, the accuracy of measurement, and limited measurement of regional cerebral oxygenation hamper the growth of the market.

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Regional Analysis

Geographically the market has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East Africa.

The Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.

The Americas is anticipated to dominate the global cerebral oximetry monitoring market owing to the presence of major manufacturers in the region, favorable reimbursement scenario, increasing demand for non-invasive procedures, increasing technological advancement in the region, and increasing RD expenses.

The European cerebral oximetry monitoring market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.

Europe is expected to hold the second largest position in the global cerebral oximetry monitoring market. The market growth in this region is attributed to the increasing government programs for the safety of newborn in countries such as the UK, Germany, and France.

The cerebral oximetry monitoring market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The cerebral oximetry monitoring market in the Middle East Africa has been segmented into the Middle East and Africa. The Asia-Pacific region is expected to be the fastest growing region owing to the increasing healthcare development in developing countries.

The Middle East Africa has the least share of the market and expected to grow at a steady pace due to changing healthcare structure.

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Segmentation

The global cerebral oximetry monitoring market has been segmented into age, application and end user.

Based on age, market segmented into adults and pediatrics. The adults segment is expected to account for the largest share segment of the market in 2017 due to the increasing number of cardiac in the adults.

Based on Application, cerebral oximetry monitoring market is segmented into cardiac surgery (Coronary artery bypass surgery, Deep hypothermic circulatory arrest), vascular surgery (carotid endarterectomy, carotid endarterectomy hyperperfusion syndrome), and pediatrics.

Based on end user, the cerebral oximetry monitoring market segmented into hospitals, clinics, ambulatory surgical centers, and others.

Key Players

Some of the prominent players in the global cerebral oximetry monitoring market are Medtronic, Philips Healthcare, Masimo, GE Healthcare, Edwards Lifesciences, Mindray Medical, Natus Medical, Honeywell Life Sciences, Welch Allyn, Omron Healthcare, Boston Scientific.

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Gout Market Research Forecast, Regional, Trends and Analysis to 2027

Market Highlights

Global Gout Market is expected to register a healthy CAGR of 8.4% during the forecast .

Gout is a common form of inflammatory arthritis. Gout is caused due to higher levels of uric acid in the blood. Major risk factors that are likely to cause gout are certain health factors such as high cholesterol, high blood pressure, and certain medications that can cause high levels of uric acid. Additionally, factors such as diet containing red meat, obesity, and high consumption of alcohol can cause gout.

The global gout market is expected to grow a healthy growth due to various factors such as increasing obesity rates, increasing aging mass, rising population indulging in smoking, and low fiber diet along with the increasing healthcare expenditure.

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Regional Analysis

The Americas dominates the global gout market owing to the increasingly obese population and increasing rate of cigarette smokers. Additionally, increasing obesity rates along with the increasing healthcare expenditure are likely to enhance the growth of gout in the North American region. For instance, according to the Center for Disease Control and Prevention, in 2015, 1 in 8 American adults had high cholesterol levels. Additionally, around USD 3.2 trillion was spent on healthcare expenditure in the U.S.

Europe accounts for the second largest market due to increasing aging mass and increasing obesity rates. Additionally, increasing government initiatives and increasing healthcare spending along with the rising demand for technologically advanced treatments are driving the growth of the gout market in Europe. For instance, Eurostat estimated that over 19.2% of the population in Europe was aged 65 and above. This increasing older population is likely to drive the growth of the gout market.

Asia Pacific is the fastest growing market for gout whose growth is attributed to the rising population which in turn increases the overall patient population, rising population indulging in smoking, and low fiber diet. Additionally, the increasing healthcare expenditure and demand for new treatment options along with the rise in the standard of living are likely to drive the growth of the market. India and China are the major contributors to the market growth due to the rapid development of healthcare infrastructure in these regions and increasing demand for diagnostic services.

On the other hand, the Middle East and Africa is expected to witness a slow growth due to limited access to healthcare services and affordability issues among individuals. In the Middle East, the growth of the market is driven by the increasing availability of new and advanced diagnostic and treatment methods for various chronic diseases.

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Segmentation

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

On the basis of type, the market is segmented into tophaceous gout and pseudogout.

On the basis of treatment, the market is segmented into medications and self-care. The medication segment is further sub-segmented into Allopurinol, Febuxostat, Probenecid, Indomethacin, Diclofenac, and Ibuprofen.

On the basis of diagnosis, the market is segmented into X-ray, CT scan, blood test, MRI, ultrasound, urine test, and others.

On the basis of end-user, the market is segmented into hospital specialty centers and homecare.

Key Players

Some of the key players in the gout market are Takeda Pharmaceutical Company Ltd., Savient Pharmaceuticals, AstraZeneca plc, Merck Co. Inc., Inc.Ardelyx, Inc., Astellas Pharma Inc., and Novartis AG.

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