Monday, 18 June 2018

Hematological Malignancies Market to Reach a Value of US$ 51.9 Billion by 2024

The global hematological malignance market is highly competitive in nature with a large number of players operating in it worldwide, states a new research study by Transparency Market Research. In 2015, the leading four players in the market accounted for more than 58% share of the global market and is likely to remain in the similar leading position throughout the forecast period. To expand their product horizon, these players are focusing on extending their products and services in developing economies, which is likely to accelerate the growth of the overall market in the coming years. Some of the key players that are operating in the global hematological malignances market are Roche, Celgene, Novartis, and AbbVie, The rising number of mergers and acquisitions are estimated to encourage the growth of the overall market in the next few years.
As per the market research report by Transparency Market Research, in 2015, the global hematological malignance was worth US$27.4 bn. This market is likely to reach a value of US$51.9 bn by the end of 2024. The market is projected to register a healthy 7.50% CAGR between 2016 and 2024.
Among the key regional segments, North America is projected to experience a high growth throughout the forecast period. The increasing prevalence of hematological cancers and the advanced diagnostic technologies are some of the key factors that are estimated to encourage the growth of the North America market in the next few years. In addition to this, the presence of a large number of players is considered to generate promising growth opportunities in the coming years. This region is expected to be closely followed by Europe in the coming years, thanks to the increasing awareness among people regarding hematological malignance. Furthermore, Asia Pacific is estimated to witness significant growth throughout the forecast period.
Targeted therapy, immunotherapy, and chemotherapy are the major treatment methods in the global hematological malignances market. Among these segments, immunotherapy held a large share in 2015, and is expected to remain in the leading position throughout the forecast period. The high efficiency of immunotherapy and the less number of side effects are the key factors that are projected to accelerate the growth of this segment in the next few years.
The unhealthy and sedentary lifestyle of people worldwide resulting in a number of lifestyle-related disorders is considered as a major factor estimated to accelerate the growth of the global market in the next few years. The rising focus on research and development activities and innovations in the field of healthcare sector is projected to accelerate the growth of the global hematological malignances market in the coming few years. In addition to this, the rising awareness among consumers concerning the availability of advanced treatments is projected to generate promising growth opportunities for the market players in the next few years.
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On the flip side, the high cost of branded drugs and the lack of favorable reimbursements policies are some of the key factors that are likely to restrict the overall growth of the global hematological malignances market in the coming few years.
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Bioremediation Technology & Services Market is Poised to Reach US$ 65.7 Billion by 2025

The presence of several established and emerging companies has rendered the vendor landscape in the global bioremediation technology and services market highly fragmented. However, some of the prominent players involved in the market are Altogen Labs, Aquatech International LLC, Drylet, LLC, InSitu Remediation Services Limited, Ivey International, Inc., PROBIOSPHERE Inc., REGENESIS, Sarva Bio Remed, LLC, Sevenson, Environmental Services, Inc., Soilutions Ltd, Sumas Remediation Services Inc., Xylem Inc., finds Transparency Market Research (TMR) in a recent study. These companies are adopting various strategies to strengthen their position, which are likely to have a profound impact on the prevailing market dynamics.
TMR has pegged the global bioremediation technology and services market at US$32.2 bn in 2016. Exhibiting an impressive 8.3% CAGR between 2017 and 2025, the market is poised to reach US$65.7 bn by the end of 2025. Regionally, North America marked dominance in the global market on the back of the presence of several companies offering bioremediation technologies and services. Furthermore, gaining strength from funding by local governments, the market in North America is likely to remain at the fore through the forecast period. Based on services, wastewater remediation services will witness the highest demand. The rising decentralized approached to treat wastewater streams is enabling growth in this segment.
The demand for bioremediation has escalated over the years in response to the surging contamination from waste. While several synthetic methods of treating wastewater have come into foray, the policymakers still seek more organic ways of achieving similar results. This has created an environment conducive to the market’s expansion in the coming years. Bioremediation implicates the use of organisms to neutralize or naturally remove waste contamination. The process breaks down hazardous substances into less toxic or nontoxic substances. Also, this is achieved in a method that does not use chemicals, therefore, enabling waste recycling ones contaminants are removed or neutralized.
The demand for bioremediation technology and services is likely to increase in the coming years in response to the rising awareness about the technology. Coupled with this, brooding water scarcity threats and government initiatives aimed at attaining environmental sustainability will enable growth in the market. In addition, the market is likely to gain pace due to the safety in operation bioremediation technologies offer, besides which cost-effectiveness and high efficiency of the process will enable the market gain momentum in the coming years.
On the downside, difficulties often linked to maintaining various technical factors in bioremediation could adversely influence the market’s prospects. Furthermore, the slower trajectory witnessed in emerging nations is a result of inadequate awareness. This, coupled with, high development cost make a key restraining factor, slowing down the market’s pace of gains to an extent. Nonetheless, stringent regulations imposed by governments to ensure environmental protection will stoke growth in the coming years. Furthermore, potential technological breakthroughs are likely to open immense growth prospects for the bioremediation technology and services market in the near future. Given the scenario, an increasing number of oil and gas companies are compelled to adopt bioremediation technologies and services to restore environment to its original state after frequent incidence of oil spills in oceans. Spurred by these factors, the global bioremediation technology and services market will exhibit robust growth in the coming years.
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Image Guided Surgery Devices Market is expected to settle at a CAGR of 5.7% Between 2017 - 2025

The global image guided surgery devices market is directly reliant on the development of healthcare across various regional longitudes of the world. As the healthcare industry make rapid advancements across a number of its sub-domains, the market for global image guided surgery devices would see the entry of new players into the market. The competition is expected to intensify in the coming years and wreak the need for proper strategizing for business players. Several market players are already on the lookout for better business strategies to garner a global footprint. Moreover, the players are expected to focus on get into strategic alliances in order to attract a decent consumer base across the world. The major players identified by Transparency Market Research (TMR) include Koninklijke Philips N.V., Siemens Healthineers, Analogic Corporation, GE Healthcare, Stryker, Varian Medical Systems, Inc., Brainlab AG, Medtronic,KARL STORZ GmbH & Co. KG, and Olympus Corporation. The market strategies employed by these prominent players is anticipated to be a decisive standpoint for market progress.
Transparency Market Research (TMR) estimates that the market value is expected to stand at US$4,998.2 mn in 2025 as compared to a value of valuation of US$3,068.9 mn in 2016. Henceforth, the CAGR over the period from 2017 to 2025 is expected to settle at 5.7%. Based on application of these devices, neurosurgery is expected to be the leading category under the segment. This owes to the rising instance of neurological diseases and disorders across the globe. On a regional footing, North America is projected to reign over all other regions because of the increasing demand for non-invasive surgeries in the region.
The prime reason behind the adoption of guided surgery devices is their ability to excavate precise results. The medical fraternity is making fructuous efforts to ensure that surgeries are conducted with the aid of accurate information, which would in turn enhance the success rate. This has been a prudent factor driving the growth of the market worldwide. Moreover, the guided surgery devices have become the watchword for intricate surgeries because they these devices help the surgeons navigate through the process and plan better surgical operations. Patients have lately become immensely accepting of minimally invasive treatments which has led healthcare units to induct these devices within the framework. Chronic ailments such as cancer and osteoporosis have spread across a wider populace than before which makes it integral for the healthcare industry to have combat mechanisms. This is also an important pretext that is anticipated to bolster the market demand.
The geriatric population is prone to neurological disorders and suffers greater ailment during injuries. The low immunity makes it difficult for them recover from the side-effects of invasive treatments which calls for non-invasive treatment methods. The aforementioned factors play a vital role in enhancing the growth of the market. It is integral for various healthcare units tpo address the medical concerns of an increasing geriatric population by expanding the induction of guided surgery devices.
The lack of awareness with regards to the usage of these devices poses a threat to the growth of the market. Huge chunks of remote areas are still unexposed to the perks of these devices which not only shows the dismal picture in those regions but also points to the unexploited market potential. The costs of installing these devices is often beyond the affordability standards of healthcare units in developing countries. This also slacken progress. However, several government initiatives have surfaced across the world to strengthen the healthcare industry that shall be an important market booster.
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Friday, 15 June 2018

Pulmonary Function Testing Systems Market Competitive Landscape Analysis with Forecast by 2026

Global Pulmonary Function Testing Systems Market: Overview
The global market for pulmonary function testing systems is expected to expand at a boisterous rate over the forthcoming years. This stoked projection about the global market is based on the rising prevalence of respiratory diseases and the urgency to treat them. Pulmonary function testing is done to test the health of the lungs and to ensure that the respiratory tract of the body is free of infections. The process involves a systematic examination of the patient’s pulmonary health through chest x-rays, physical tests, arterial blood gas analysis, and a study of patient’s habits and health history. Pulmonary impairments can affect the normal functioning of life, and hence, it is important to limit their effect and severity. Doctors and medical experts recommend regular pulmonary function testing (PFT) for people of all age groups as it helps to stay in control of a person’s health. Furthermore, PFT is necessary for patients with existing lung dysfunction or past history of lung diseases. Owing to the aforementioned factors, the global market for pulmonary function testing (PFT) systems is projected to witness an upsurge in demand over the coming years.
The global market for pulmonary function testing systems can be segmented based on the following criteria: product type, applications, and region. All of the aforementioned parameters for segmentation are important for understanding the fettle of the global market.
A report on the global market for pulmonary function testing systems by TMR elucidates the drivers, restraints, and opportunities for market players. The report considers a range of market dynamics to draw inferences about the trends that are expected to surface over the coming years. The regional analysis of the market has also been included in the report for better understanding and comprehension.
Pulmonary Function Testing Systems Market: Trends and Opportunities
The respiratory system of a person is of utmost value for the normal functioning of life and the slightest of dysfunction in it can cause severe breathing issues. Hence, doctors and medical practitioners have been emphasizing on the need for regular pulmonary checkups of people of all age groups. This has given a push to the growth of the global market for pulmonary function testing systems and has created lucrative opportunities for market vendors. Furthermore, excessive consumption of tobacco in the form of cigarette smoking has increased the toll of people suffering from lung cancer. This has become the most prominent driver of demand within the global market for pulmonary function testing systems. Besides this, the growing geriatric population has also played a pivotal role in the rapid growth of the global market for pulmonary function testing systems.
Pulmonary Function Testing Systems Market: Regional Outlook
The need for pulmonary function testing is felt across all age groups but the aging population is at a greater risk of suffering from pulmonary disorders. Hence, increasing geriatric population in North America has driven demand within the regional market. Furthermore, the healthcare infrastructure across the region has gone from strength to strength, which has further fortified the market for pulmonary function testing systems across North America.
Pulmonary Function Testing Systems Market: Competitive Landscape
Minato, Schiller,MGC Diagnostics, COSMED, Morgan Scientific, Ganshorn, nSpire Health,
Sikeda, M&B, AESRI, NDD, CareFusion(BD), and RSDQ are amongst the key players in the global market for pulmonary function testing systems market.
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Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
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Foot and Ankle Plating System Market Current Trends and Future Aspect Analysis 2018 – 2026

In case of injury, trauma, or defect in the lower extremities of the body, i.e. the feet and ankles, special plates and screws are available for use to rectify and reconstruct them. Foot and ankle plating systems are implants that are placed inside the body to repair or reconstruct the damaged/injured parts. These systems are used to strengthen the ligaments and the tendons, or to attach them to the bone, or replace the bones, or hold the bones together. The foot and ankle area comprises the musculature, starting from the tibiofibular-talus joint or the ankle joint, and includes ligaments, muscles, and tendons, associated with the mid-foot, fore-foot, and hind-foot regions. Foot and ankle plating system is used to fix such parts, depending on the area of the injury.
The foot and ankle plating system market is fueled by the growing geriatric population, who are at a higher risk of bone injuries, rising prevalence of obesity, osteoarthritis, and osteoporosis, accidents, and youth-related sports injuries. Ankle and foot-joints issues can cause a lot of discomfort and pain to the patient and can significantly affect one’s lifestyle. Hence, it is essential that the foot and ankle implant plates are sturdy and implanted correctly. The foot and ankle plating system market is likely to be restrained due to factors such as high cost of the procedure and implants and post-operative infection caused by implant surgery.
The global foot and ankle plating system market can be segmented based on application, material, and end-user. In terms of application, the foot and ankle plating system market can be divided into total ankle replacement, ankle fusion, forefoot and midfoot fusion, subtalar fusion, and others. Total ankle replacements are expected to hold the leading share of the segment during the forecast period owing to rise in sports-related injuries and accidents. The ankle joint, being small, requires replacement, when broken. Based on material, the foot and ankle plating system market can be classified into stainless steel plates, titanium plates, composite plates, and others. Titanium plates are expected to hold a key share of the segment owing to their load-bearing capability and strength and lightweight. In terms of end-user, the foot and ankle plating system market can be categorized into hospitals, specialty clinics, and ambulatory surgical centers. Hospitals are expected to hold the dominant share of the segment owing to the focus of hospitals toward enhancing plating procedures to ensure reduced pain, improved mobility, and increased patient satisfaction. Emergence of new foot and ankle plating options and diverse plating options to treat different types of foot and ankle injuries is boosting the market.
In terms of region, the global foot and ankle plating system market can be segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North America is expected to hold the leading market share during the forecast period owing to factors such as growing acceptance and adoption of foot and ankle implants and quick FDA approvals for such implants. For example, in February 2018, Centric Medical received FDA 510 clearance for its foot and ankle plating system. Europe is expected to hold the second dominant share of the foot and ankle plating system market. Rise in prevalence of obesity and technological advancements in the foot and ankle plating industry in Europe are boosting the growth of the market
Key players operating in the global foot and ankle plating system market include Paragon 28, Inc, Stryker, Wright Medical Group N.V., Medline Industries, Inc, CENTRIC MEDICAL, LLC, Acumed, VILEX IN TENNESSEE, INC., Orthofix Holdings, Inc., DePuy Synthes, Smith & Nephew, and Zimmer Biomet.
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Veterinary Drugs Market to Exhibit a CAGR of 5.1% Between 2016 and 2024

The global veterinary drugs market is reasonably consolidated, with the top ten companies accounting for more than 70% of the overall market in 2015. Leading companies in the global veterinary drugs market include Merck Animal Health, Elanco Animal Health, Zoetis Inc., Bayer Animal Health, and Merial Animal Health. Fierce competition is the norm in the global veterinary drugs market due to the increasing commercial potential of the market and the lucrative opportunities on offer in developing regions, where specialty medical sectors such as the veterinary drugs market are yet to undergo smooth development and widespread adoption.
Many companies in the global veterinary drugs market are likely to focus on fostering closer relationships with individual customers in the coming years instead of developing a vast consumer base. This has emerged as a successful strategy in the global veterinary drugs market due to the intensifying competition; direct assistance is likely to remain a key tool in the repertoire of successful veterinary drugs market players in the coming years.
According to Transparency Market Research (TMR), the global veterinary drugs market is expected to exhibit a steady 5.1% CAGR from 2016 to 2024. The valuation of the veterinary drugs market is likely to rise from US$17.2 bn to US$26.7 bn over the timeframe.
The global veterinary drugs market is segmented into livestock animals and companion animals in terms of animal type. Of these, livestock animals are likely to remain the dominant consumers in the global veterinary drugs market due to the growing demand for high-quality protein and several other animal products. Rising meat consumption in new regional markets is likely to remain a key driver for the global veterinary drugs market over the 2016-2024 forecast period. Nevertheless, companion animals are also likely to account for a growing share in the global veterinary drugs market due to the rising demand for pet animals among urban consumers. The growing use of advanced pet care products in developing countries is likely to be a key driver for the global veterinary drugs market.
By product type, the global veterinary drugs market is segmented into anti-infective drugs, anti-inflammatory drugs, parasiticides, and others. Anti-infective drugs dominate demand from the global veterinary drugs market and are likely to remain the leading contributor to the global market over the coming years. However, parasiticides are likely to emerge with renewed importance in the global veterinary drugs market and are expected to exhibit a strong 6.1% CAGR from 2016 to 2024.
Regionally, North America is likely to remain the leading contributor to the global veterinary drugs market. This is mainly due to the widespread presence of veterinary drugs market players in the region, the growing popularity of a variety of companion animals, and the steady demand for a variety of meat and other animal products. The high disposable income of consumers in the region has also allowed for increased expenditure on animal care, which is likely to remain a key driver for the veterinary drugs market in North America. The North America accounted for more than 30% of the global veterinary drugs market in 2015 and is likely to retain a similarly dominant share through the 2016-2024 forecast period.
The rapid entry of new products in the veterinary drugs market has led to a risk of counterfeit products establishing dominant shares in the market. The increasing awareness about the adverse effects of some veterinary drugs on humans has also restricted the global veterinary drugs market in some regions.
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Hysteroscopes Market to Rise at a CAGR of 6.0% During the Period Between 2017 and 2025

Companies operating in the global hysteroscopes market are banking upon collaborations and co-development agreements to improve their positions. In response to the surging demand for minimally invasive techniques, they are coming up with HD optical lenses with increased resolution that are built from special sapphire glass for proper visualization. They are also seen launching hysteroscopes with semi-flexible shaft at lower cost to up sales.
Some of the prominent global participants in the global hysteroscopes market are MEDTRONIC, Olympus Corporation, Stryker, B. Braun Melsungen AG, and MedGyn Products, Inc. There are also many companies that have considerable presence in regional markets. Some of them are Richard Wolf Group, WISAP Medical Technology GmbH, LocaMed Limited, KARL STORZ GmbH & Co. KG, Maxer Medizintechnik GmbH, COMEG Medical Technologies (SOPRO-COMEG GmbH), and Optomic.
A report by Transparency Market Research predicts the global hysteroscopes market to rise at a CAGR of 6.0% during the period between 2017 and 2025 to become worth US$3.55 bn by 2025-end.
The two main types of application segments in the global hysteroscopes market are diagnostic hysteroscopy and surgical hysteroscopy.
The key geographical segments of the hysteroscopes market are Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa. Of them, North America holds a dominant share in the market on the back of its state-of-the-art healthcare facilities available to the general public at affordable prices and substantial thrust on creating awareness about women’s health. The market in the region is expected to hold on to its dominant share going forward by registering a CAGR of 6.1% during the forecast period.
Hysteroscopes are minimally invasive gynecological procedures that help to diagnose the intrauterine infections and are also used for surgical interventions. They have become immensely popular due to their accuracy, convenience, and low cost. They primarily serve to treat dysfunctional bleeding, painful fibroids, and other women-centric health issues. “Hysteroscopy can be carried out in shorter time using a local anesthetic. At present, it is considered as a gold standard treatment for uterine intracavitary diseases. The thrust on designing more effective products with differentiated functionalities and features are projected to bolster growth in the global hysteroscopes market,” adds the lead analyst of the TMR report.
Both physicians and patients prefer hysteroscopy over traditional surgeries because of the excellent image brightness, ease of use, and greater stability they accord. Incisions are hardly required during the procedure and hence there is reduced post-operative discomfort. Such benefits have resulted in increasing adoption of hysteroscopes by gynecologists.
Hysteroscopes serve to reduce hospital stay by bringing about faster recovery, which in turn is due to the lowered blood loss and blood transfusion risks and lowered surgical site infections due to limited incisions. Growing knowledge about such advantages is stoking their popularity in market.
One challenge of the procedure is the complications regarding the proper entry of the device during surgical interventions. This, to an extent, is hampering demand, states the TMR report.
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