Tuesday, 26 November 2019

Intracranial Pressure (ICP) Monitoring Market Size, Share, Trend Growth | Industry Analysis Report 2018-2024

Market Research Future has Published a Cooked Research Report on the Global Intracranial Pressure (ICP) Monitoring Market.

Overview
The Global Intracranial Pressure (ICP) Monitoring Market is expected to exhibit a strong 7.1% CAGR over the forecast period from 2018 to 2024, according to the latest research report from Market Research Future (MRFR). The global intracranial pressure monitoring market is mainly driven by the growing demand for noninvasive tools in the field of ICP monitoring and the increasing awareness about the importance of intracranial pressure monitoring in containing and managing neural and skeletal damage.
Competitive Analysis:
Leading players in the global intracranial pressure monitoring market include DePuy Synthes, Terumo Corporation, Spiegelberg GmbH & Co. KG, RAUMEDIC Inc., Boston Neurosciences, Medtronic plc, Integra LifeSciences Corporation, Sophysa SA, and Natus Medical Inc.
  • In August 2019, Integra completed the acquisition of Arkis Biosciences, a leading player in the neurosurgery devices market.
Regional Analysis:
Americas held a dominant 41.4% share in the global intracranial pressure monitoring market in 2017 and are likely to hold on to the lead in the global intracranial pressure monitoring market over the forecast period due to the increasing demand for effective intracranial pressure monitoring devices in North America. Widespread awareness about the importance of intracranial pressure monitoring in North America, particularly the U.S. and Canada, is likely to remain a major driver for the intracranial pressure monitoring market in the Americas over the forecast period. Intracranial pressure monitoring is mainly used in the management of brain trauma and skeletal hemorrhage. The rising prevalence of both these target conditions in North America is likely to remain a major driver for the intracranial pressure monitoring market in the region over the forecast period.
Europe is also likely to hold a significant share in the global intracranial pressure monitoring market over the forecast period due to the increasing awareness about the process and the relevance of the monitoring in medical diagnosis and trauma management. Intensive efforts at trauma control and management in European countries are likely to be a major driver for the intracranial pressure monitoring market in the region over the forecast period. The growing demand for noninvasive intracranial pressure monitoring tools in Europe and North America is also likely to be a major driver for the market, as the healthcare sector in these advanced regions is transitioning towards noninvasive medical tests, leading to a corresponding increase in the demand for noninvasive tools and technologies from the medical devices sector. Despite the increasing awareness about the inefficacy of noninvasive testing in intracranial pressure monitoring, the demand for product innovations aiming at making noninvasive intracranial pressure monitoring more accurate and on par with invasive monitoring is likely to remain a major driver for the intracranial pressure monitoring market in North America and Europe over the forecast period.
Asia Pacific is also likely to exhibit steady growth in the global intracranial pressure monitoring market over the forecast period, though the region is not likely to overtake North America or Europe as the leading regional markets for intracranial pressure monitoring devices in the coming years. Increasing awareness about the importance of intracranial pressure monitoring in trauma management is likely to be a major driver for the intracranial pressure monitoring market in Asia Pacific over the forecast period.


About Market Research Future: 
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Friday, 15 November 2019

Bioanalytical Testing Services Market - Growth and Demand by 2023

Bioanalytical Testing Services Overview:
The global bioanalytical testing services market is expected to touch a valuation of USD 1,867.30 million by 2023, as per the latest report by Market Research Future (MRFR). High needs of blockbuster drugs to treat chronic diseases is one of the major factors predicted to drive the market growth over the forecast period (2018-2023). Rising research and development activities conducted in biotechnology and pharmaceutical sectors can spur market growth.


Increasing development of biologics can induce market demand over the forecast period. Patent expiry of various drugs and need for them to expedite clinical trials can positively impact the bioanalytical testing services market. Outsourcing of testing services to contract research organizations (CROs) in developing economies to curtail operational expenditure costs can propel market growth over the forecast period.
Rising prevalence of cancer and other chronic ailments which require blockbuster drugs can bolster market demand in the forthcoming years. But high costs of drug discovery can pose a challenge to market growth.
Segmentation:
The bioanalytical testing services market can be segmented by molecule type and test type.
By molecule type, the market is segmented into small and large. The small segment accounted for nearly 66% market share, while the large segment accounted for 34.9% share in 2017. Small molecules can exhibit a 11.94% CAGR over the forecast period owing to its advantages against battling chronic diseases. Large molecules can grow at a higher CAGR (14.76%) than its counterpart due to large scale development of biologics. Biologics are an essential component in the manufacture of vaccines, proteins, and others. Testing of large molecules can turn out to be a lucrative opportunity for the bioanalytical testing services market.
By tests, it is segmented into pharmacokinetics (PK), pharmacodynamics (PD), bioavailability, bioequivalence, and others. Within this segment, PD accounted for 39% share of the bioanalytical testing services market in 2017. It can touch a size of USD 467.25 million by 2023. This can be credited to this branch of testing capable of determining dose concentration-response relationships of drugs. PK assumed the second position by capturing close to 25% share in the same year. This segment is touted to generate revenues at 13.96% CAGR over the forecast period.


Regional Analysis:
The bioanalytical testing services market covers the latest trends and opportunities across Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas region accounted for 39.3% share in 2017, followed by Europe (31.3%), APAC (22.1%), and MEA (7.3%). The large share of Americas can be credited to presence of major pharmaceutical manufacturers, high incidence of chronic diseases, and technological advances in preclinical and clinical testing phases. The huge patient pool residing in the region can generate close to USD 716.73 million by 2023 at a CAGR of 12.39% over the forecast period.
The APAC bioanalytical testing services market can grow at a rapid clip owing to presence of CROs in India and China. India is touted to be the prime destination owing to the low production cost of drugs in the country. Factors such as developing healthcare infrastructure, investments by pharmaceutical giants of Europe and U.S., and numerous research organizations are expected to augment the market size to USD 435.05 million by 2023.
Europe can experience 12.94% CAGR over the forecast period, while the MEA region is likely to experience a modest growth rate.

Competitive Dashboard:
Prominent players operating in the bioanalytical testing services market include Toxikon (U.S.), Intertek Group plc (U.K.), Charles River Laboratories, Inc. (U.S.), SGS SA (Switzerland), WuXi AppTec (U.S.), Pharmaceutical Product Development (U.S.), Covance, Inc. (U.S.), ICON plc (Ireland), Pace Analytical Services, LLC (U.S.), inVentiv Health (U.S.), and Laboratory Corporation of America Holdings (U.S.). Collaborations, mergers & acquisitions, and product portfolio expansions are core strategies deemed to be employed by these players during the forecast period.

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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
 MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Acupuncture Market Analysis by Global Investment Share, Trends, Size, Huge Opportunity, Growth rate and Demand by Forecast to 2023

Acupuncture Market Overview
The Global Market for Acupuncture is Expected to reach USD 24551.6 million by the end of 2023, as per a latest report by Market Research Future (MRFR).  The Acupuncture Industry is projected to expand at 14.50 % CAGR during the forecast period (2018-2023). A form of alternative medicine, acupuncture is effective in treating pain by inserting needles into the skin. Acupuncture is usually used with other modes of treatment.
Industry Trends
The ancient practice of acupuncture has been tested against the joint pain associated with early breast cancer treatment. Aromatase inhibitors are generally used to treat hormone-sensitive breast cancer. They produce unpleasant side effects such as stiffness and pain in the joints and arthralgias. It has been noticed that acupuncture might reduce side effects caused by cancer drugs.
Pets too can benefit from acupuncture treatment. Dr. Wittstein of Corvallis has a private veterinary practice where he uses Chinese herbal medicine and acupuncture to treat wide spectrum of ailments in pets.
Competitive Analysis
Some of the key players operating the Global Acupuncture Market are Schwa-medico GmbH, Cymedics GmbH & Co. KG, AcuMedic Ltd., Asia-med GmbH, Zepter International, Wuxi Jiajian Medical Instruments Co. Ltd, MKW Laser System GmbH, SEIRIN Corporation, 3B Scientific GmbH, Qingdao Great Fortune Co. Ltd., and others.


Acupuncture Therapy Adoption Rate to Rise
In recent times mainstream medical care is not the sole option to tackle modern healthcare issues. Various traditional therapies are also in the scenario. As people are becoming aware of the eccentric therapy, acupuncture is becoming popular in several parts of the world. Acupuncture helps in relieving mental stress, reduce chronic pain, and improve blood circulation in a human body. The susceptibility of the feminine population to gynecological disorders such as PCOS, PMS, menstrual problems, pregnancy complaints, infertility, menopause, and others is anticipated to push the demand for acupuncture market.
Occurrence of chronic diseases such as migraines and fibromyalgia has led to complications like psychological illness, insomnia, and body pain is anticipated to boost the adoption of acupuncture therapy across the globe. For instance, government initiatives like AYUSH ministry Canada and India’s effort to legalize alternative medicinal therapies are expected to fuel the market. With the advent of technologically advanced acupuncture treatment such as electroacupuncture and usage of laser devices owing to the increasing demand for painless treatment is expected to positively impact the market.
Meanwhile, the side effects associated with such therapies such as fatigue, soreness, bruising, muscle twitching, lightheadedness, emotional release, and others coupled with lack of approved clinical support is anticipated to hinder the market growth over the forecast period.
Innovation in Acupuncture Lasers to Boost the Market Growth
The lasers used in acupuncture are known as cold-lasers since they do not generate heat compared to hot lasers used during surgery. The cold lasers decrease pain, helps to regenerate cells, improve circulation, stimulate hair growth, and reduce inflammation. The new laser watch applies laser blood irradiation and laser acupuncture plays a large role.
Global Acupuncture Market Segmentation
The Acupuncture Market is segmented based on end-user, application, product & services, and region.
Services and products are the two segments under products & services discussed. The service sector is segmented into traditional Chinese medicine, moxibustion, scalp acupuncture, Japanese acupuncture, Korean hand acupuncture, cupping, auricular, non-insertion acupuncture, and others. The product segment is further bifurcated into electro-acupuncture device, laser pens, rod lasers, laser needle, needles, suction cups, and others. The service segment is predicted to control the acupuncture market owing to the increasing preference given to the traditional acupuncture therapies.
By mode of application, the market is segmented into psychological disorders, gynecological disorders, pain syndrome illness, and others. Pain syndrome is set to control the maximum market share with 33.5% during the assessment period. The segment is also likely to showcase a CAGR of 14.04% during the forecast period.
Major market end-users include wellness center, hospitals & specialty clinics, and research & academic institutes. Owing to the rising preferences for acupuncture as a mode of alternative medicine along with a high number of wellness center involved in such therapies, the wellness center segment is anticipated to dominate the market over the review period.
Europe to Maintain its Dominance
Geographically, the acupuncture market has been spanned across Europe, Asia Pacific (APAC), America, and the Middle East and Africa (MEA). The region analysis observes that Europe is expected to dominate the market and projected to expand at 13.53 % CAGR during the assessment period. The development of the market is this region is accredited to the increasing preferences for acupuncture therapies and occurrences of chronic diseases. Presence of major market contenders further adds to the growth of the market. The Asia Pacific region is expected to witness a swift growth and is projected to exhibit 15.02 % CAGR during the assessment period. The growth in this region is mainly credited due to the presence of countries such as Japan, Korea, and China with a high adoption rate for acupuncture therapies. Additionally, rising prevalence of chronic diseases and growing number of acupuncture product manufacturing companies are powering the market growth in this region.
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Smart Medical Device Market Analysis by Global Investment Share, Trends, Size, Huge Opportunity, Growth rate and Demand by Forecast to 2023

Smart medical devices, as the name suggests are intelligent, autonomous instruments that improve workflow in healthcare settings by providing instantaneous and real-time actionable intelligence which help surgeons, healthcare practitioners and caregivers to achieve better patient outcomes. The concept of connected healthcare has revolutionized the treatments given to patients through advanced remote monitoring products.
The smart technology prevents the plunge, and thus, it also reduces the need extra cost incurred during a treatment procedure. Courtesy to the emerging technology, digital health and the inception of the IoT has made it easier to integrate smart wearable medical devices to the Internet fusing communication with functionality to provide continuous actionable data.


Smart medical devices also offer the supporting hardware aligned with the emerging trends in the medical sectors such as delivering point-of-care service in the remote management of medical conditions for severally ill patients, in rehab centers, as well as to those who have unconfined to medical monitoring and support. 
As a result, smart medical devices are increasingly garnering the demand and traction across the healthcare and home care settings as well. Owing to the efficacy of these devices to provide consistent actionable data which holds the potential for reducing costly hospital stays, these devices are becoming popular. Resultantly, the smart medical device market is growing pervasively over the past couple of years, accounting for a significant market, globally. Massive advancements in technology and the vast uptake of smart technology drives the growth of the smart medical device market on the global platform.
Acknowledging the phenomenal upsurges, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the global smart medical device market will witness a significant growth by 2023 growing at a phenomenal CAGR over the forecast period (2018-2023).
Additional factors supporting the market growth include the significant growth in home healthcare and the miniaturization of smart devices. The increasing prevalence of chronic and lifestyle-related diseases that require routine vital statistics analysis is fueling the demand for smart medical devices. Also, the augmenting demand for wireless monitoring devices is positively impacting the market.
On the other hand, factors impeding the growth of the global smart medical device market include delayed FDA approvals and the concerns over cybersecurity that are growing continually. Nevertheless, the additional interest of FDA to look into the cybersecurity matters in the healthcare is estimated to support the market growth during the forecast period.
 Global Smart Medical Device Market – Segments
The MRFR analysis is segmented into five key dynamics for the convenience of understanding;
By Type                     :  Off-Body, On-Body, and Handheld.
By Technology        : Spring Based, Rotary Pump, Expanding Battery, Collapsible Reservoir, Pressurized Gas, and Motor Driven among others.
By Application        : Oncology, Auto-Immune Disorders, Cardiovascular Diseases, Diabetes, and Infectious Diseases among others.
By End-use              : Clinic, Hospital, Home Care Setting, and Ambulatory Services among others.
By Regions               : North America, Europe, APAC, and the Rest-of-the-World.
 Global Smart Medical Device Market – Geographical Analysis
North America accounts for the leading position in the global smart medical devices market followed by the European and Asia Pacific regions, respectively. The region has one of the best medical facilities around the globe.
The US, heading with the huge technological advancements and high per capita healthcare expenditures leads the regional market. The availability of technologically advanced medical devices is undoubtedly impacting the market growth positively.  Well-established healthcare infrastructure, skilled professionals and doctors are pushing up the growth in the regional market. 
The European region holds the next largest share in the global smart medical device market, following the North American market closely. The resurging economy in this region is playing a vital growth in the market increase by availing the best possible healthcare and rising healthcare expenditures. Additionally, government support that encourages manufacturers of smart medical devices to develop new and better devices, is in turn, fostering the market growth in the region.
The Asia Pacific region stands as a profitable market for smart medical devices. The ever-increasing population in the APAC region and rapidly improving healthcare infrastructure are positively impacting the market growth. The developing economies are expected to provide immense opportunities for the growth of smart medical devices.
The spreading awareness among individuals towards the availability and benefits of these devices drives the market growth in the region. Furthermore, the high per capita income alongside the rising healthcare concerns are leading to increasing the market size of the smart medical device market. Furthermore, increasing adoption of technologies is positively impacting the market growth in the region.

Global Smart Medical Device Market – Competitive Analysis
Well-established players adorn the global smart medical devices market as highly competitive. Those players with their global presence are posing challenges to the local vendors. The key strategies traced from the analysis of recent developments of the key players include product launch, agreement & partnership, acquisition, and expansion. 
Key Players:
Some of the leaders of the market include Johnson & Johnson Services, Inc., Becton Dickinson and Company, F. Hoffmann-La Roche Ltd., Unilife Corporation, Amgen, Inc., Debiotech S.A., Insulet Corporation, SteadyMed Therapeutics, Inc., Enable Injections, West Pharmaceutical Services, Inc., Sensile Medical AG, and CeQur SA.
Industry/ Innovation/ Related News:
November 29, 2018 – A research team from Nanyang Technological University (Singapore), an autonomous research university and Tan Tock Seng Hospital (Singapore) announced their latest innovation - a smart medical device that can enable early intervention of congestive heart failure.  The new smart handheld medical device is portable and is made up of an acoustic sensor connected to a smartphone.


Table Of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities

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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312


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Thursday, 14 November 2019

Nerve Stimulators Market Growth at a Strong CAGR of 8.3% During The Forecast Period 2017-2023

Market Highlights
Nerve stimulation is considered as a gold standard technique for the treatment of treat different types of health problems such as joint, or bone problems that occur in case of osteoarthritis or fibromyalgia, or low back pain, neck pain, neurological disorders, overactive bladder, and others. According to a study published in Research and Reports’ Urology journal in 2014, it is found that nerve stimulation is an effective intervention for OAB patients, who are not responsive to pharmacologic therapy. Even in case of neurological disorders, complex seizures are not being controlled by medication. Vagal nerve stimulation is most commonly recommended when medications aren't effective. Among neurological disorders, nerve stimulation therapy is most commonly used for epilepsy and depression. The most commonly used nerve stimulators are deep brain stimulator (DBS), vagus nerve stimulator (VNS), and spinal cord stimulator (SCS).


Rising incidence of chronic health problems, technological improvements, increasing popularity of minimally invasive procedures, increasing geriatric population, and improvement in reimbursement policies are the key factors driving the nerve stimulators market.
However, the high cost of treatment and lack of skilled or trained physicians may hinder the growth of the market to an extent.
It is estimated that nerve stimulators market is expected to grow at a CAGR of 9.7% during the forecast period 2017-2023.
Taste the market data and market information presented through more than 296 market data tables and figures spread over 251 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “nerve stimulators market research report–Global forecast till 2023.” 
Major Key Players in Nerve Stimulator Market
Some of key the players in the market are Boston Scientific Corporation, Cochlear Ltd, Medtronic plc, St Jude Medical, Inc., Cyberonics, Inc., Aleva Neurotherapeutics SA, NeuroPace, Inc, and others.
Regional Analysis
The Americas dominate the nerve stimulators market owing to the rising prevalence of chronic diseases, a well-developed technology, high healthcare expenditure, and the presence of the leading players. According to a study published in Drug and Alcohol Dependence journal in 2017, more than 100 million adult Americans are living with chronic pain. Chronic low back pain and headaches are the most commonly diagnosed conditions. It is also stated that conditions are more prevalent in women than men i.e. 34.3% in women, and 26.7% in men in the U.S.
Europe holds the second position in the nerve stimulators market. It is expected that the support provided by the government bodies for research & development, along with a well-developed technology drives the market in the European region.
Asia Pacific region is projected to be the fastest growing region during the forecast period. Increasing need for cost-effective nerve stimulators, rapidly improving technology, and the presence of huge patient pool drive the growth of this market in Asia Pacific region.
The Middle East and Africa hold the least share in the market owing to the presence of poor and slow developing countries, especially, in the African region. 
Segmentation
The global nerve stimulators market is segmented on the basis of type, application, and end-users.
On the basis of the type, the market is segmented into deep brain stimulator (DBS), vagus nerve stimulator (VNS), and spinal cord stimulator (SCS).
On the basis of the application, the market is classified as chronic pain, depression, dystonia, epilepsy, Parkinson's disease, and others.
On the basis of the end -users, the market is segmented into ambulatory surgical centers, hospital & clinics, and trauma centers.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Global Trends on Bioanalytical Testing Services Market

Market Analysis The global  bioanalytical testing services market  is likely to touch USD 1,867.30 million at a 12.95% CAGR between 2018-202...