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Hernia Repair Market Research Report & Global Industry Analysis

The global Hernia Repair Market is expected to reach USD 6.60 billion by 2024. Rigorous research & development activities, growing number of obese patients and high susceptibility of geriatric patients to suffer from hernia are expected to drive the market over the forecast period. Increasing technological sophistication in repair devices and rigorous research and development of the drug-eluting mesh is projected to boost the demand for hernia repair devices and consumables.

Post-operative pain is growing concern post-repair with synthetic mesh. Though the cause of pain varies from patient to patient, a primary reason for pain is inflammation associated with the synthetic mesh. Other chronic illnesses related to the use of implanted mesh are abdominal pain, infection (sepsis), bowel obstruction and adhesion. In spite of increasing technological sophistication in mesh technology, synthetic materials remain the most widely used mesh products for hernia repair especially the polypropylene mesh due to their low cost and easy availability.

The biological mesh is gaining momentum in developed countries especially in the U.S. Biologic mesh development has overcome the problem associated the synthetic mesh including foreign body interaction, chronic inflammation, infection, and stiffness. Presence of favorable reimbursement policies coupled with the well-regulated healthcare insurance and increasing prevalence of an inguinal and ventral hernia in developed economies have rendered increased acceptance of this product.

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Water Desalination Industry is Expected to Increase Significantly by 2025 - Hexa Research

The Global Water Desalination Market is set to reach USD 26.81 billion by 2025, primarily driven by rapid industrialization, increasing population, and depleting freshwater bodies. Moreover, increasing public awareness regarding water conservation and strict government laws on treatment is expected to fuel growth.

Recycled wastewater is widely used in landscaping and irrigation. The Middle East & Africa was the largest market accounting for 53% of the revenue share in 2016 and is expected to maintain its dominance over the forecast period on account of the high supply-demand gap of potable water.

Global warming has resulted in accelerating the evaporation of water bodies which eventually has led to droughts in numerous parts of the world. For instance, the U.S and Middle East & Africa have been affected adversely by severe multi-year and multi-state droughts over the past few years.

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Countries such as U.S. and Saudi Arabia are focusing on the existing projects, instead of commencing new projects. The North America desalination market is expected to grow at an 8.6% CAGR over the next few years on account of rising number of natural calamities which are resulting in depriving its population & industries of water.

Traditionally, thermal desalination has been one of the most reliable techniques for water purification. Multi-stage flash distillation can produce purer water to which minerals are added to enhance the taste of water. The market for multi-stage filtration is expected to grow at an 8.4% CAGR during the forecast period owing to its high purity yield compared to reverse osmosis.

Reverse osmosis is expected to witness the fastest growth on account of its lower energy consumption rates. Rising need for pure water in chemical and food industries is projected to boost the market for reverse osmosis over the forecast period and is estimated to be worth USD 15.43 billion by 2025.

Seawater contributed to 58.2% of the revenue share in 2016, making it the largest and the trend is expected to continue over the projected period. Rapid industrialization and substantial investments regarding desalination in the Middle East is anticipated to drive the global market over the next few years.

Companies are investing extensively in R&D to enhance technology. For instance, in April 2014, GE Corporation launched an open technology challenge to accelerate the development of technology to improve the efficiency of seawater desalination.

In addition to this, the companies are concentrating on new projects. For instance, in November 2014, Suez announced construction, design and operation of a desalination plant at new Mirfa Independent Water and Power Project in Abu Dhabi. Furthermore, Veolia has developed itself in both Multiple Effect Distillation and Reverse Osmosis to offer energy-efficient hybrid desalination technology to mark its presence in global market.

Hexa Research has segmented the global water desalination market based on technology, source and region:

Segmentation by technology, 2014 - 2025 (USD Billion)

• Reverse Osmosis (RO)

• Multi-Stage Filtration (MSF)

• Multi-Effect Distillation (MED)

Segmentation by Source 2014 - 2025 (USD Billion)

• Seawater

• Brackish Water

• Wastewater

Segmentation by region, 2014 - 2025 (USD Billion)

• North America

   • U.S.

• Europe

• Asia Pacific

   • China

   • India

• Central & South America

• Middle East & Africa

   • Saudi Arabia

   • UAE

   • Egypt

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RFID in Healthcare Sector has Considerable Applications such as Record Maintenance and Equipment Tracking

The global RFID Smart Cabinets Market is expected to grow at a nearly 12% CAGR during the forecast period (2012 to 2020). The industry is poised to reach around USD 785 million by 2020. In healthcare, RFID (radio-frequency identification) is applied widely in equipment tracking and in record maintenance. Cost cutting measures adopted by healthcare institutions for effective inventory management drive demand for RFID smart cabinets. These cabinets are made of two components, namely, RFID console and a steel/aluminum cabinet. The cabinet is used for maintaining databases, like identity of the person or department that accessed it recently and the date of last usage. RFID console is an electronic part that helps keep a track on cabinet supplies. Surging demand for RFID cabinets for inventory management and technological advancements are expected to positively impact the global market throughout the forecast period.

The worldwide RFID Smart Cabinets Market is segmented into geographies, namely Latin America, North America, Asia Pacific, Europe, and Rest of the World. Most healthcare institutions in North America have begun using RFID cabinets for enhanced productivity and minimal errors. The region is propelled by huge product demand from the U.S. Sophisticated healthcare infrastructure and steady technological developments are two key factors that drive the North America market. This region may continue leading the global industry till 2020.

Browse Details of Report @ https://www.hexaresearch.com/research-report/rfid-smart-cabinets-industry

In the U.K. and Germany, huge funds are injected into the healthcare sectors by both governmental organizations and NGOs. Germany dominates the Europe RFID cabinets market owing to high R&D investments in RFID applications. With focus on RFID technologies, the government of Germany had invested around USD 260 million in the year 2007. Furthermore, the country declared that technological developments fuel applications of RFID technologies not only in the healthcare sector but also in its telecommunications industry. The need for effective inventory management strategies and the prevention of pilferage of assets & inventories can fuel the global industry during the forecast period.

Owing to surging demand from India and China, Asia Pacific is expected to be a rapidly growing region from 2012 to 2020. Furthermore, technological developments and improvements in healthcare infrastructure in China and India could effectively contribute to regional progress. Execution of the 12 year plan in China may lead manufacturers to invest robustly in the region. Favorable governmental regulations, the expanding telecommunications sector, and widespread awareness among patients are factors that drive the RFID industry in India. Proliferation of retail stores selling products with RFID tags can positively impact the overall industry during the forecast period.

Prominent industry participants are Tagsys RFID Group; Stanley Innerspace; LogTag; Mobile Aspects Inc.; and Terson Solutions Inc. among others. The global RFID smart cabinets market is a highly fragmented one with a large pool of suppliers and a host of domestic manufacturers in China. Mergers and acquisitions are key business expansion strategies adopted by several companies. In February 2016, Nordic ID launched the Nordic ID AR52 area reader. It is a fixed reader that is equipped with sixteen external antenna ports. It is the centre point for connecting the antennas that can be adjusted and controlled individually.

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Microscopes Market Size, Share, Industry Report, 2020

The Global Microscopes Market is projected to reach nearly USD 7.4 billion by 2020. Key factors that drive the industry are technological innovations and surging private sector & government sector investments. Nanotechnology being a continuously evolving field has a favorable impact on overall market demand. Intensive R&D in life sciences & semiconductors is expected to fuel industry growth over the forecast period (2012 to 2020). Popularity of super resolution microscopes can be attributed to continuous technological innovations. Such microscopes are highly effective & convenient especially when it comes to examining complex human body parts, such as the neurological system & the brain.

Introduction of high resolution & cost effective microscopes, such as the dSTORM (direct stochastic optical reconstruction optical microscopy) may catapult demand till 2020. The microscopes market in most developing economies is driven by availability of cheap labor and favorable government policies. Interestingly, these factors fuel demand for semi-conductors and induce greater research in life sciences & nanotechnology.

Browse Details of Report @ https://www.hexaresearch.com/research-report/microscopes-industry

The worldwide microscopes market is categorized on the basis of products, applications, and geographies. As per products, the segments are optical, scanning probe, electron and others. Fueled by high adoption rates in life sciences & semiconductors and widespread applications, optical microscopes generated highest revenues in the overall market in 2013. These microscopes are further categorized into near field scanning, confocal scanning, fluorescence, phase contrast, stereomicroscope, inverted, and others. Inverted microscopes held the largest market share in 2013. Applications in metallurgy & micromanipulation could fuel demand for inverted microscopes. This segment is expected to grow robustly over the forecast period.

Based on applications, the global industry is divided into semiconductors, life sciences, nanotechnology, material sciences, and others. The market was led by the life sciences segment in 2013. Demand is mainly fueled by innovations in consumer electronics, and use of microscopes in manufacturing & inspection and in research & development. Newer areas of application, such as miniature transistor chips and quantum dots could drive the overall industry in the forthcoming years. Quantum dots is a gradually evolving technology that may cater to several application areas, like quantum computing, electroluminescent displays, diode lasers, biological imaging, photovoltaic cells, and transistors in the years to come.

Regional segments of the global microscopes market are Europe, Asia Pacific, North America, and Rest of the World. Asia Pacific dominated the overall industry in terms of revenue in 2013. In 2011, China witnessed the highest rate of funding in its nanotechnology industry globally. Industrialization coupled with use of nanotechnology in research & development may create lucrative opportunities for further growth of the global market.

Furthermore, demand for microscopes from noncommercial organizations (hospitals and research laboratories) can also play a significant role in triggering market progress. Companies operating in the global industry are Carl Zeiss, Olympus Corporation, Leica Microsystems, and Nikon Corporation. Since there are only a few participants, this market is characterized by minimal competition. It is essentially oligopolistic in nature.

Scientists from Uppsala University, Stockholm University, and University of California have created a 3D printed cell phone attachment that can turn a particular device’s camera into a microscope. Such an innovation aims at helping health workers in developing nations and in remote locations to identify genetic mutations that cause illnesses & diseases. With the help of such a device, healthcare professionals do not need to send samples to laboratories.

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Medical Gases and Equipment Market Analysis, Size, Share, Growth and Forecast to 2020 | Hexa Research

The Global Medical Gases and Equipment Market is poised to reach nearly USD 5315 million by 2020. Factors that fuel product demand are growing geriatric population and high incidence of respiratory disorders and emphysema & cystic fibrosis. Rising awareness among consumers & manufacturers about usage & safety of medical gases may augment industry growth over the forecast period (2012 to 2020). Also, popularity of home healthcare devices could positively impact the market.

Medical gases are used for medical treatment and diagnostics purposes. Devices that facilitate medical gases into the human body are known as medical gas equipment. Medical gases and equipment are also employed in biotechnology and pharmaceutical industries for drug discovery, cell culture studies, pharmaceutical manufacturing, and drug development.

Browse Details of Report@https://www.hexaresearch.com/research-report/medical-gas-equipment-industry

Varying requirements of medical practitioners propel the need for technologically sophisticated products, such as integrated multifunctional medical gas cylinders. This could significantly contribute to market growth. Owing to wide gaps in demand and supply of medical gases, emerging economies are expected to be the most lucrative regions in the overall industry. Other market drivers are medical reimbursement facilities and rising disposable incomes.

The global medical gases and equipment market is segmented as per products and geographies. On the basis of products, the classifications are masks, flow meters, vacuum systems/pumps, regulators, manifolds, medical air compressors, cylinders and accessories, alarm systems, outlets, and hose assemblies and valves. The market for medical air compressors is poised to witness remarkable growth during the forecast period. These devices are used in a host of applications. Popularity of lightweight cylinders with visible & audible alert mechanisms may drive the cylinders market.

Geographically, the worldwide medical gases and equipment market are divided into Asia Pacific, Europe, North America, and Rest of the World (RoW). Sophisticated healthcare infrastructure, high prevalence of respiratory diseases, obesity, and unhealthy dietary patterns make North America the largest regional market. In 2013, this region dominated the overall industry in terms of revenue. However, ongoing market trends suggest that Asia Pacific may register a CAGR approximately 10% till 2020. Regional drivers are high incidence of asthma & chronic obstructive pulmonary disorder (COPD), improved medical infrastructure, and demand for point-of-care based treatments & home healthcare.

Major competitors in the Medical Gases And Equipment Market are Medical Gas Solutions, Air Products Continental, Linde Group, Air Liquide Healthcare, and Matheson Tri-Gas Inc. With a market share above 20%, Air Liquide Healthcare dominated the worldwide industry in 2013. In order to gain higher market shares, companies often engage in business ventures, such as mergers & acquisitions and geographical expansions. New product development is another key area of focus for business success in the long run.

In November 2016, Ceodeux Meditec launched ALPI-CONNECT, a sophisticated terminal unit meant for medical gas pipelines in clinics & hospitals. Equipped with a revolutionary cartridge technology, this gas terminal unit minimizes maintenance costs and saves time. Unlike conventional terminal units which need to be dismantled for maintenance operations, the front cartridge design in ALPI-CONNECT ensures that maintenance tasks are a lot easier. Ceodeux Meditec is a global supplier of medical gas equipment & medical cylinder valves.

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About Us:Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ Visit Our Blog - https://hexaresearchinc.wordpress.com/

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Ablation Technology Market to Expand Worldwide Robustly by 2020 - Hexa Research

The global Ablation Technology Market is primarily driven by high incidence of chronic illnesses, such as cancer. Rising cancer cases fuel the need for minimally invasive procedures for diagnostics purposes. Surgical removal of body tissues is carried out by minimally invasive procedures. These procedures employ ablation technologies. Besides being economical, ablation technologies ensure quick recovery and cause lesser damage to body tissues. They also ensure lower risks of infection.

Favorable government initiatives and a rapidly growing geriatric population are factors that positively impact demand. Owing to high success rates in diagnosis of chronic illnesses and minimal risks, developing economies, such as Brazil, India, Russia, and China are gradually adopting ablation technologies. It is anticipated that popularity of minimally invasive procedures and surging per capita expenditure on healthcare may propel the ablation technology market during the forecast period (2012 to 2020).

Browse Details of Report @ https://www.hexaresearch.com/research-report/ablation-technology-industry

The worldwide industry is segmented on the basis of technologies, applications, and regions. Based on technologies, the Ablation Technology Market is divided into radiofrequency, ultrasound, electrical, and radiation. Due to widespread scope in cancer diagnosis, radiation technology led the global market in 2013. Other factors that may positively impact this segment in the forthcoming years are availability of different types of radiation devices and high incidence of cancer. The segment for electrical ablation may expand robustly over the forecast period. This attributes to rising prevalence of cardiovascular disorders, such as atrial fibrillation.

Ablation technologies are predominantly applied in orthopedics, ophthalmology, cardiovascular procedures, and in cancer. Use of ablation technologies in cancer diagnosis generated the highest revenues in 2013. Growing awareness about the popularity of ablation technology in cancer treatment is projected to fuel overall market demand. Cardiovascular applications are expected to increase considerably over the forecast period.

Geographically, the global ablation technology market is fragmented into Europe, Asia Pacific, North America, and Rest of the World. North America held highest shares in the overall industry back in 2013. Awareness about ablation technologies and large number of people suffering from chronic diseases are key regional drivers. Ongoing industry trends suggest that Asia Pacific may expand remarkably in the years to come. The region is essentially propelled by surging healthcare expenditure and application of ablation technologies in diagnostics solutions. Growing preference for ablation over surgeries and substantial government spending on ablation technology could further contribute to regional demand.

Key companies operating the worldwide market are Boston Scientific Corporation, Olympus Corporation, AngioDynamics Inc., Medtronic Inc., and AtriCulture Inc. among others. Most industry participants focus greatly on innovations that aim at enhancing accuracy & efficiency of test results. Researchers have developed a cryoablation system that can attain much cooler temperatures than most conventional cryoablation technologies.

The new system can effectively create transmural ventricular lesions from the epicardium as well as the endocardium. It may prove beneficial for catheter-based & surgical ventricular tachycardia ablations in humans. This cryoablation technology utilizes liquid nitrogen and achieves temperatures as low as minus 160 degrees Celsius. This IceSense cryoablation system helps debulk tumors in lungs, kidneys, liver, and breast. It comprises a freezing element and a rigid probe that has a sharp needle tip. 

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ Visit Our Blog - https://hexaresearchinc.wordpress.com/

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Pharmacy Automation Devices Market Share, Size, Growth and Forecast to 2020 | Hexa Research

The Pharmacy Automation Devices Market is anticipated to expand at a CAGR nearly 7.4% during the forecast period (2014 to 2020). Revenues may surpass USD 8 billion by 2020. Mechanical processes that are used in the handling and distribution of medications are known as pharmacy automation. Pharmacies employ automation in order to enhance cash flows and bring down medication inventories. Devices that facilitate these tasks are known as pharmacy automation devices. High incidence of medical error deaths is one of the key drivers of this industry.

Computerized physician order entry, EHR (electronic health record), and clinical decision support system are some of the commonly used devices. These help monitor patients on a regular basis so that their health conditions are better understood. High investments in research & development and growing popularity of medical automation may augment industry growth over the forecast period. Other market drivers are need for minimal medical errors, greater consciousness about advanced pharmacy, and high population growth. Furthermore, demand for minimally invasive surgical procedures with integrated medical automation could propel the industry in the forthcoming years.

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Applications, end-use, and regions are the three parameters based on which the global pharmacy automation devices market is categorized. Based on applications, the segments are automated medication dispensing systems, automated medication & compounding systems, automated storage & retrieval systems, table top tablet counters, and automated packaging & labeling systems. Packaging & labeling instruments mainly include deblistering machines, sealers, printing solutions, and fillers & sealers.

Automated medication dispensing systems enable computer controlled storage, tracking, dispensation, and the efficient recording of medical works. This segment held the highest market share in 2013. Unlike small sized hospitals that face budgetary constraints, highly established & large hospitals mainly adopt automated medication dispensing systems. Dispensing cabinets help healthcare practitioners to provide medications in a systematic manner and keep a record of the same in the overall system.  

Retail pharmacy and hospital pharmacy are the two main end-users in the overall industry. Owing to robust investments, the hospital pharmacy segment may witness remarkable growth till 2020. It is sub-segmented into central pharmacy automation solutions, pharmacy robots, barcode medication dispensing, and point-of-care automation solutions among others.

Geographically, the worldwide pharmacy automation devices industry is divided into Asia Pacific, North America, Europe, and Rest of the World. In revenue terms, North America dominated the overall industry in 2013. Regional drivers are technological developments, the need for minimal medical errors, and a rapidly growing aging population. Asia Pacific is projected to be the fastest growing region in the forecast period. Factors that could positively impact the region are high income levels and greater awareness about the benefits of medical automation.

Prominent players in the global Pharmacy Automation Devices Market are Innovation PharmaAssist Robotics, Pyxis Pharmacy Automation Systems, McKesson Corporation, CareFusion Corporation, Accu Chart Healthcare, and Swisslog Holding Ltd. TCGRx, a Wisconsin based company dealing in pharmacy automation declared the development of PillBot™ in November 2016. PillBot™ is a pharmacy automation device that enables the filling of multi-dose and unit-dose cards in addition to pouch packaging. It can efficiently package medicines in blister formats as well as in pouch formats. The product will soon be launched this year.

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ Visit Our Blog - https://hexaresearchinc.wordpress.com/

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Dental Equipment Market Analysis, Size, Share, Growth and Forecast to 2020 - Hexa Research

The global Dental Equipment Market is poised to reach nearly USD 8.5 billion by 2020. The industry is driven by high incidence of dental infections & diseases. Unhealthy eating habits and rising consumption of junk foods, alcohol, chocolates, and tobacco are factors that propel demand for dental equipment. The industry is led by technological innovations that lead to simplicity & cost effectiveness. Rising cases of periodontal diseases and dental caries could propel the market for tooth implantations over the forecast period (2012 to 2020). Demand for dental radiology equipment may also increase significantly during this time because of enhanced quality and higher efficiency.

Other global industry drivers are availability of sophisticated technologies, growing geriatric population, and growing cases of tooth loss. Medical tourism too may positively influence the overall industry. The dental equipment market in most emerging economies could witness robust growth in the forthcoming years. This attributes to greater consciousness among the masses about the significance of dental health & hygiene. However, high costs of sophisticated technologies in dentistry and surging demand for refurbished dental equipment are factors that hinder industry growth.  

Browse Details of Report @ https://www.hexaresearch.com/research-report/dental-equipment-industry

The global dental equipment market is segmented on the basis of products and regions. As per products, the classifications are hygiene maintenance devices, dental radiology equipment, systems & parts, laboratory machines, dental lasers, and others. “Others” includes chairs, hand piece, light cure, and scaling unit. Dental systems & parts generated the highest revenues in the overall market in 2013. Due to technological advancements, this segment may continue dominating the industry throughout the forecast period.

The dental systems & parts segment is further divided into the following: furnace & ovens, cone beam Ct systems, cast machine, instrument delivery systems, electrosurgical equipment, vacuums & compressors, CAD (computer-aided design) /CAM (computer-aided manufacturing) and other system & parts. In revenue terms, CAD/CAM held the highest market share in 2013 and may continue leading the industry in the near future.

Geographically, the global industry is categorized into Asia Pacific, Europe, North America, and Rest of the World. North America dominated the industry in terms of revenue in 2013. Regional drivers are technological developments in healthcare, substantial investments in research & development, and growing geriatric population. Asia Pacific economies, such as Brazil, Japan, China, South Korea, and India could witness significant market growth during the forecast period. Owing to gaps in demand & supply of dental treatment, these regions offer a host of opportunities for further market progress. Prominent companies operating in the overall industry are Planmeca Oy, BIOLASE Technology, Ivoclar Vivadent, Danaher Corporation, and Dentsply International. Characterized by stiff competition, the market witnesses frequent business ventures and new product developments.

In December 2016, DenMat launched the VisiLite Pro, an oral lesion screening device that is based on light based fluorescence technology. This system helps detect epithelial dysplasia in its early stages. Dentists can effectively incorporate this system into the conventional neck and head exam in order to rule out oral cancer. Fluorescence visualization offers entirely new visual information which is quite different from what doctors get while looking at reflected lights from chemiluminescent or white light sources.

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ Visit Our Blog - https://hexaresearchinc.wordpress.com/

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Prenatal, Fetal and Neonatal Equipment Market Share, Size, Analysis, Growth and Forecasts to 2024 | Hexa Research

Prenatal, fetal and neonatal equipment comprise of those equipment and devices that help in taking care of newly born children and babies developing inside mother’s womb. Some equipment that helps monitor and diagnose both mother and the fetus has been included in the prenatal and fetal equipment category.

Equipment that assists in monitoring, diagnosis and treatment of newborn babies fall under the neonatal care equipment. Research states that, near about 15 million neonates born each year are premature and among them more than 1 million die every year. Those neonates who survive prematurity suffer from several forms of disabilities, thus various neonatal equipment have been developed to help treat prematurity.

There are several other complications a mother and the fetus and newborns face for which different prenatal, fetal and neonatal equipment have been developed and market globally. The major driving factors for the growth of this market are increasing incidences of premature births, increasing age of maternal population, increasing awareness for prenatal and neonatal care and increasing demand for technologically advanced prenatal, fetal and neonatal equipment.

Browse Details of Report @ https://www.hexaresearch.com/research-report/prenatal-fetal-neonatal-equipment-market

Premature births are the primary driver for this market that contributes heavily towards this market’s overall revenues. Increasing age of maternal population also adds up to various complications a baby faces both before and after birth, which again contributes towards the prenatal as well as neonatal equipment market. Various prenatal and neonatal monitoring, diagnostics and therapeutic equipment help in proper care of fetus and neonates. Technological advancements along with improvements in the currently available equipment will add to the demand from this market in the coming years.

The global prenatal, fetal and neonatal equipment market is segmented on the basis of product type, application and geography. On the basis of product type, the global prenatal, fetal and neonatal equipment market is segmented into prenatal and fetal equipment, neonatal equipment and other prenatal, fetal and neonatal equipment. The segment “prenatal and fetal equipment” is further divided by ultrasound and ultrasonography, fetaldopplers, fetal magnetic resonance imaging (MRI), fetal monitors and so on; whereas the segment “neonatal equipment” is further classified as infant warmers and incubators, photography equipment, neonatal monitoring devices, respiratory assistance and monitoring devices.

On the basis of application, the global prenatal, fetal and neonatal equipment market is segmented into hospitals of paediatrics, hospitals of obstetrics and gynecology, obstetrics and gynecology clinic, and so on. On the basis of geography, the global prenatal, fetal and neonatal equipment market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East & Africa.

North America dominates the global prenatal, fetal and neonatal equipment market followed by the European market. Major factors responsible for the growth of the North America market are high incidence rate of premature births, increasing age of maternal population and high awareness, and demand and affordability for various prenatal and neonatal equipment markets.

Asia Pacific is the fastest growing geographic segment in the global market for prenatal, fetal and neonatal equipment. Key factors responsible for the rapid growth of this market in the region are increasing incidences of premature births, high birth rates in many nations, increasing awareness about prenatal and neonatal care, demand for technologically advanced equipment and increasing purchasing power of the people in these regions.

The key players of global prenatal, fetal and neonatal equipment market are Toshiba Medical Systems, BD, Merck, GE Healthcare, Philips Healthcare, Dragerwerk AG & Co., Monica Healthcare, Medtronic, DRE Medical, Mediprema, Fisher & Paykel Healthcare Limited, FUJIFILM SonoSite Inc., Natus Medical Incorporated, VoluSense, Hisense Ltd., CareFusion Corporation, Cooper Surgical Inc., Covidien PLC, Nonin Medical Inc., Siemens Healthcare, Smiths Medical, and Getinge AB.

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us:

Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ Visit Our Blog - hexaresearch1.blogspot.com

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Global Needle-Free Injectors Market Size, Share | Industry Report, 2021 | Hexa Research

Needle-free injection systems are one of the innovative ways introduced to various medicines to patients without penetrating it into the skin. In this type, a conventional needle is not used. Needle-free injection techniques are used in medications and pork industry as they offer a fast and effective route of administration. Further advantages include robustness and no issues pertaining to needle disposal. Not only, pharmaceutical industries can benefit but meat industry can benefit by this technique too. As a result, there are improved outcomes and needle-free injectors being a steady technology acknowledges efficiency in the medicine industry.

Alone in the U.S. millions of dollars are spent on hypodermic needles used for children. Also, due to the inflated costs of hypodermic needles a lower rate of vaccination is gained in the developing countries. Another drawback is hygiene. If the needle is not sterilized properly, reuse can be a major problem resulting into spread of contagious diseases. Hence, with the use of needle-free systems all the above mentioned drawbacks can be overcome and a higher rate of vaccination can be achieved in the developing countries.

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Commercially, the global market for needle-free injectors is witnessed to grow at a higher CAGR owing to extensive R&D in the vaccine industry and the route of medicine administration. Therefore, the market is bound to grow significantly for the assessment period. The key driving factors responsible for the growth of needle-free injectors market include rising prevalence of chronic disease, growing incidence of communicable disease due to needle stick injuries, growth in demand for vaccination and biosimilars, rising demand for self-injection devices and more advantages of drug delivery technology. However, high development costs of needle-free injection systems over traditional needle injection are likely to impede the market growth during the forecast period.

On the basis of product, the global free injectors market is segmented into fillable needle-free injectors and prefilled needle-free injectors. On the basis of technology, the global free injectors market is segmented into jet-based needle-free injectors, spring-based needle-free injectors, laser-powered needle-free injectors and vibration-based needle-free injectors. Jet-based needle-free injector is anticipated to grow at a higher CAGR owing to their advantages over the other injector systems.

On the basis of usability, the global free injectors market is segmented into reusable needle-free injectors and disposable needle-free injectors. On the basis of type, the global free injectors market is segmented into liquid-based, projectile-based and powder-based needle-free injectors. Liquid-based needle free injectors are anticipated to grow at a higher CAGR during the forecast period owing to growth in number of market players toward attractive advantages.

On the basis of medication, the global free injectors market is segmented into liquid-based needle free injectors, powder-based needle free injectors and projectile/depot-based needle free injectors. On the basis of site of delivery, the global free injectors market is segmented into intra dermal injectors, intramuscular injectors and subcutaneous injectors.

On the basis of application, the global free injectors market is segmented into vaccine needle free delivery, insulin management needle free delivery, oncology needle free delivery and other applications. Vaccine delivery application segment is anticipated to grow at a higher CAGR during the forecast period owing to rise in incidences of chronic diseases, technological developments and growing preference for self-medication.

On the basis of end-user, the global free injectors market is segmented into hospitals and clinics, homecare settings, research laboratories, pharmaceutical and biotechnology companies and other end users. Hospitals and clinics segment is anticipated to grow at a higher CAGR during the forecast period owing to medication or drug delivery technology and growth in geriatric population.

On the basis of geographic segmentation, the global free injectors market spans North America, Europe, Asia-Pacific, Middle-East and Africa. North America holds a largest share in the assessment period whereas Europe is anticipated to grow at a higher CAGR during the forecast period owing to heavy growth attributing to higher demand for biologics, growth in prevalence of chronic diseases, technological developments, acquisitions and mergers by major companies, favorable reimbursement policies, growth in healthcare expenditure and regulatory approvals of new injection system are some of the key factors driving the European market.

The key players operating in the global needle-free injectors market include Antares Pharma Inc, Endo International plc, Pharma Jet, Bioject Medical Technologies, Medical International Technology Inc, INJEX Pharama AG, National Medical Products Inc, Valeritas Inc, European Pharma Group, PenJet Corporation, and Crossject SA.

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Global Mammography Equipment Market Size, Share | Industry Report, 2021 | Hexa Research

Mammography is a specific type of breast imaging that uses low-dose x-rays to detect cancer early before women experience symptoms, when it is most treatable. A mammography exam, called a mammogram, supports in the early detection and diagnosis of breast diseases in women. An x-ray (radiograph) is a noninvasive medical test that helps physicians diagnose and treat medical conditions. Imaging with x-rays involves exposing a part of the body to a small dose of ionizing radiation to produce pictures of the inside of the body. X-Rays are the oldest and most frequently used form of medical imaging.

Mammography is one of the most technically exacting radiographic procedures. A small change in technique or processing factors can have a significant effect on image quality and radiation dose delivered to the breast. In order to produce mammograms at the lowest doses reliable with high diagnostic sensitivity and specificity, it is necessary that careful consideration be given to the selection of equipment, patient positioning and imaging techniques and the establishment of an effective quality control program.

The Global Mammography Equipment Market is segmented on the basis of equipment type, region. On the basis of product type, the global market is classified into Digital radiography mammography equipment, and Film-screen mammography equipment (X-Ray Source Assembly, X-Ray Generator), computer-aided detection and breast tomosynthesis (2D digital mammography and 3D tomosynthesis).

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Film-screen mammography, the standard imaging modality for detecting suspicious lesions at an early stage in the breasts of asymptomatic women. It has a high sensitivity in detecting suspicious lesions in the breasts composed primarily of fatty tissue. Digital mammography, also called full-field digital mammography (FFDM), is a mammography system in which the x-ray film is replaced by electronics that convert x-rays into mammographic pictures of the breast. These systems are similar to those found in digital cameras and their efficacyallows better pictures with a lower radiation dose. These images of the breast are transferred to a computer for review by the radiologist and for long term storage.

Computer-aided detection (CAD) systems search digitized mammographic images for abnormal areas of density, mass, or calcification that may indicate the presence of cancer. The CAD system highlights these areas on the images, alerting the radiologist to carefully assess this area. Breast tomosynthesis, also called three-dimensional (3-D) mammography and digital breast tomosynthesis (DBT), is an advanced form of breast imaging where multiple images of the breast from different angles are captured and reconstructed into a three-dimensional image set.

Geographically, the global market is segmented into North America (U.S., Canada), Europe (France, Germany, Italy, Spain, and England, Eastern Europe, CIS), Asia Pacific (China, India, Japan, Australia, Others), Latin America (Argentina, Brazil, others), and Middle East and Africa. North America accounts for the largest market share of the global mammography equipment market and is expected to remain dominant over the forecast period. Followed by Europe and Asia Pacific. This is due to due to early adoption of new technology and rising incidence of breast cancer in these regions.

The U.S. is dominating the North American mammography equipment market due to technological advancements and increasing reimbursements for full-field digital mammography.Asia is expected to show high growth rate during the forecast period. This is due to rising incidence of cancer in this region. The key players are Fujifilm Medical Systems USA, GE Healthcare, Hologic, Philips Healthcare, and Siemens Healthcare.

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Laparoscopic Instruments Market Analysis, Size, Share, Growth and Forecast to 2021 | Hexa Research

Laparoscopy is a surgery that uses a thin, lighted tube put through an incision in the belly to look at the abdominal organs or the female pelvic organs. Laparoscopy is used to find problems such as cysts, adhesions, fibroids, and infection. Tissue samples can be taken for biopsy through the tube.

The factors that propel the growth of the global Laparoscopic Instruments market research report includes increasing demand for laparoscopic instruments owing to the rising physician and patient inclination towards minimally invasive procedures, mainly laparoscopic procedures. 

In addition, other factors such as increase in the geriatric population, rising occurrences of colorectal cancers and obesity and related disorders that can be treated with laparoscopic procedures. Also, high-tech advancements in laparoscopic instruments have boosted the growth and demand for laparoscopic instruments worldwide.

The global Laparoscopic Instruments market research report is classified on the basis of product, application, end user and geography. On the basis of product, the global Laparoscopic Instruments market research report is classified as laparoscopes, energy devices, access devices, closure devices, accessories, fiber laparoscopes, video laparoscopes, insufflators, suction/irrigation systems and hand instruments.

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Among the products, the energy devices segment is projected to account for a major share of the global Laparoscopic Instruments market research report. The key factor that fuels the growth of this segment is due to the high-tech advancements introduced in these products by market players. On the basis of application, the global Laparoscopic Instruments market research report is classified as bariatric surgery, general surgery, gynaecological surgery, urological surgery, colorectal surgery and paediatric surgery.

Among the applications, the gynaecological surgery instruments segment is projected to account for the major share of the global Laparoscopic Instruments market research report. The key factor that drives the growth of this segment is due to laparoscopy being extensively used in obstetrics and gynaecology, especially in processes such as amnioscopy, hysterectomy, hysteroscopy, myomectomy, fetoscopy, and ovarian cyst removal, among others.

On the basis of end user, the global Laparoscopic Instruments market research report is classified as hospitals and ambulatory surgical centers. Among the end users, the hospitals segment is projected to account for a major share of the global Laparoscopic Instruments market research report. As hospitals have a preference for laparoscopic procedures to open surgical procedures as it provides benefits such as reduced costs, decreased average length of stay (ALOS) of patients, and improved patient satisfaction. As a result, hospitals are presently the largest end user segment of the laparoscopic instruments market.

On the basis of geography, the global Laparoscopic Instruments market research report is classified as North America, Europe, Asia Pacific and Rest of the World. The North American region consists of the U.S. and Canada. The European region consists of Germany, England, France and Rest of Europe. Asia-Pacific region consists of Japan, China, India and Rest of Asia-Pacific. Rest of the World (RoW) consists of Latin America and Middle East and Africa.

In case of geographical region, North America is projected to hold for the largest share of the global Laparoscopic Instruments market research report. The North American region is followed by Europe. On the other hand, the Asia Pacific market is expected to grow at the highest rate during the forecast period. The major factors that drive the growth is owed to the entry of key market players into this market and developing infrastructure support for laparoscopic procedures in India, South Korea, and Singapore.

Some of the prominent players that fuel the growth of the global Laparoscopic Instruments market research report include Ethicon, Inc., Olympus Corporation, Karl Storz GmbH &Co.Kg, Stryker Corporation, Richard Wolf GmbH, Microline Surgical, Inc., Smith & Nephew PLC, Medtronic PLC, Cook Medical Inc. and Conmed Corporation.

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Hearing Aids Market to Expand at a CAGR of 4.4% Till 2020 | Hexa Research

Due to a rapidly expanding geriatric population, the Global Hearing Aids Market may grow at a nearly 4.4% CAGR during the forecast period (2012 to 2020). The industry stood at around USD 4.6 billion in 2015. Nerve deafness and congenital hearing problems are commonly occurring hearing defects among the elderly. High incidence of hearing problems and partial or full reimbursement for hearing aids are two key factors that drive this industry. At present, the global market is led by technological advancements and innovations. Interestingly, most hearing aids being manufactured nowadays are not only equipped with bluetooth but are aesthetically appealing as well. Surging demand for waterproof & 100% undetectable ones may fuel overall industry growth in the forthcoming years. 

Products, technologies, and geographies are three parameters based on which the global industry is segmented. Based on products, the categories are ITE (In-The-Ear), RITE (Receiver-In-The-Ear), BTE (Behind-The-Ear), and Canal Hearing Aids. Canal Hearing Aids are further segmented into CIC (Completely-In-Canal), IIC (Invisible-In-Canal), and Invisible-In-Canal. Demand for BTE and ITE is by far the highest because these devices rank high on comfort, are easy to use, and offer excellent connectivity.

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The BTE segment held a more than 55% market share in 2013. Behind-The-Ear aids are used mostly in children and in cases of profound hearing loss. The market for canal hearing aids is anticipated to grow at the highest CAGR till 2020. This segment is driven by popularity of invisible & aesthetically appealing hearing aids and rapidly changing lifestyles. Moreover, high R&D investments could also have a positive impact on these over the forecast period.

On the basis of technologies, the global industry is bifurcated into analog and digital. The digital technology segment generated highest revenues in 2013. The market for digital hearing aids is positively influenced by greater relative efficiency and use of wireless technology & bluetooth. Unlike analog hearing aids, the digital ones ensure digital noise reduction and digital speech enhancement. Owing to high performance & efficiency, digital segment may expand at a nearly 5% CAGR from 2012 to 2020.

Geographically, the worldwide Hearing Aids Market is categorized into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. With a revenue share exceeding 42%, Europe led the overall industry in 2013. Surging income levels in Western Europe and rising cases of hearing impairment are factors that propel regional demand. Most European countries have effective reimbursement policies, which in turn may positively impact the regional market. Asia Pacific can expand rapidly at a CAGR over 4% during the forecast period. This region is fueled by high incidence of age-related hearing disorders among the elderly and improvements in the distribution networks of key companies.

Prominent companies operating in the global Hearing Aids Market are William Demand Holdings A/S, Widex A/S, Sonova Holding AG, Benson Hearing, and Siemens Healthcare among others. Siemens recently developed the Silk Primax, which is a Completely-In-Canal (CIC) device that can easily fit in a person’s ear without ear moulds. This device is fitted with a disposable soft & high adaptable silicone click sleeve that provides high comfort to the user all day long.

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Oxygen Concentrator Market Analysis, Size, Share, Growth and Forecast to 2024 | Hexa Research

An oxygen concentrator is a device used to deliver concentrated oxygen to a patient requiring oxygen therapy. These devices are considered as a safer, easy to use and inexpensive compared to compressed oxygen cylinders. Portable oxygen concentrator acts by increasing the concentration of oxygen by taking a mixture air from its surrounding. Major factors expected to drive the market for oxygen concentrators include its ability to provide oxygen under all circumstances and worldwide aging population coupled with COPD and other respiratory diseases.

The older versions of the oxygen concentrators were considered to be unreliable and difficult to use as they were bulky and costly. Over the past years, oxygen concentrators have been evolved as manufacturers are improving the design of them and by manufacturing them with a relatively smaller size & higher mobility. The market for oxygen concentrators has undergone significant changes and improvement with the introduction of portable technology. The devices have become lighter, more powerful and affordable leading to increasing demand in the homecare department.

Increasing worldwide geriatric population means rise in homecare oxygen treatment. People with respiratory conditions such as chronic obstructive pulmonary disease (COPD), chronic bronchitis and emphysema have benefitted greatly with innovations in oxygen concentrator technology. Some of the new and improved versions of the standard large and bulky devices include AirSep’s Lifestyle portable oxygen concentrator, Inogen One G3, VBOX Trooper, EverGo, Invacare XPO2 and iGo.

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The demand for lighter technology by consumers and need for better mobility support for the aged rises, new competitors enter the market thereby driving innovations. This has resulted in high-quality devices at lower prices. The global oxygen concentrator market is segmented by types, application and geography. On the basis of types, the global oxygen concentrator market is segmented into portable oxygen concentrator, stationary oxygen concentrator and so on.

On the basis of application, the global oxygen concentrator market is segmented into medical, water treatment, pharmaceutical production, glass manufacture and so on. On the basis of geography, the global oxygen concentrator market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Asia Pacific Excluding Japan oxygen concentrators market is projected to register a significant CAGR during the forecast period. Improving economic conditions is fuelling the growth of the global oxygen concentrators market in Asia Pacific.

The U.S. accounts for the largest share of the global oxygen concentrator market followed by Europe, due to growing consumer awareness rising incidences of COPD and demographic changes. COPD is known to be the fourth leading cause of death in the U.S. and the number has been dangerously rising, increasing the use of respiratory care devices. The change in lifestyle across the globe has led to an alarming rise in smoking population which has also fuelled the growth of the oxygen concentrator market.

The key players of global oxygen concentrator market are Braun and Company, Air Liquide, CareFusion, Chart Industries, Covidien, DeVilbiss Healthcare, Drive Medical, Fanem, Fisher & Paykel Healthcare, Bio-Med Devices, Invacare Philips Healthcare, Jiangxi Teli Anesthesia, Respiration Equipment, Newport Medical Instruments Inc., Respironics, Providence Global Medical, Percussionaire Corporation, Vortran Medical Technology, Intersurgical Ltd., Smiths Medical WinterGreen Research Inc., Eget Hi-Tec Co. Ltd., Race Medical and Beauty Equipments and Maquet.

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Atrial Fibrillation Market Share, Growth and Forecast To 2020 | Hexa Research

The Global Atrial Fibrillation Market is projected to reach nearly USD 16.2 billion by 2020. Growing geriatric population and rising cases of brain damage, atrial fibrillation, and strokes caused by blood clots are factors that propel the industry. People suffering from atrial fibrillation (AF) are given blood thinning & anti-clotting medicines. Based on the level of severity, this cardiovascular condition is of three types, namely, paroxysmal, persistent, and permanent. It is generally triggered by pulmonary embolus, hyperthyroidism, obesity, mitral stenosis, hypertension, and even pneumonia. People suffering from AF are five times more prone to strokes and blood clots as against those who are perfectly healthy.

High incidence of heart diseases and heart failures spurs demand for minimally invasive & atrial fibrillation procedures. Radiofrequency ablation is a commonly used procedure in young patients whose heart rhythms can be controlled neither with medicines nor with cardio version. Innovations in radiofrequency ablation, like remotely acquired computed tomography has contributed significantly to the overall industry. Another key driver is the ill effects of unhealthy lifestyle habits, such as smoking and drinking.

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Procedures and regions are two key parameters based on which the global Atrial Fibrillation Market is segmented. According to the former, the industry is bifurcated into pharmacological drugs and non-pharmacological procedures. Pharmacological drugs are of two types, namely, anti arrhythmic and coagulant. Non-pharmacological procedures involve diagnosis using procedures, such as catheter ablation, maze surgery, and electric cardioversion. These procedures do not employ drugs of any sort. Besides lowering the chances of strokes, maze surgeries eliminate the need for life-long treatments based on anti-coagulants.

Owing to high rate of success in treating arrhythmia, surgical catheter ablation holds the largest share in the global industry. There are a number of procedures in surgical catheter ablation. The extensively used ones are radiofrequency catheter ablation and microwave catheter ablation. Besides smaller cardiac incisions, these procedures ensure quick recoveries.  

Geographically, the worldwide Atrial Fibrillation Market is divided into Asia Pacific, North America, Europe, and Rest of the World. In terms of revenue, North America led the global industry in 2013. Regional drivers are a huge patient population inflicted by heart ailments, sophisticated medical infrastructure, and favorable reimbursement frameworks. Heightened awareness about non-pharmacological procedures is yet another prominent driver.

It is however expected that Asia Pacific will expand robustly over the forecast period (2012 to 2020). The region is propelled by surging healthcare expenditure and widespread patient awareness. Prominent companies in the global atrial fibrillation market are Bristol Myers Squibb Corporation, Boehringer Ingelheim Gmbh, Sanofi Aventis, Boston Scientific Corporation, and Johnson & Johnson Ltd. Most market competitors focus greatly on innovations that enhance the efficiency of atrial fibrillation diagnostics.  

After almost of decade of in-depth research, researchers from Hospital Gregorio Marañón and the Polytechnic University of Valencia in Madrid have developed an effective treatment for AF. This system geolocates cardiac arrhythmias in real time. Such a feature guides doctors during cardiac ablations thereby reducing the duration & costs associated with surgical interventions for AF. This novel technology creates a map of the patient’s cardiac activity taking place in the two atria in real time.

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Healthcare 3D Printing Market to Register 16% CAGR Globally Till 2020 | Hexa Research

The Global Healthcare 3D Printing Market can register a CAGR nearly 16% over the forecast period (2012 to 2020). The industry is fueled by an expanding global population and rapidly evolving technology. With the aid of additive processes, 3D printers help create digital files with three dimensional views. 3D printing technology is based on the concept of “prototyping” that helps in the development of real usable parts & products.

Besides healthcare, 3D printing is applied extensively in areas, such as aerospace, research, government, industrial machines, automotives, and defense among others. In medicine, 3D printing is used in critical cases, like hearing aids, jaw implants, prosthesis, and heart surgeries etc. It is increasingly being used in hip implants, dental crowns, knee implants, and orthotic footwear. A number of healthcare professionals are trying to incorporate 3D printing in surgeries, since it lowers the risks associated with anesthesia.

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The worldwide industry is segmented as per applications, technologies, raw materials, and regions. According to applications, the categories are surgical instruments, implants, bioengineering, and surgical guides. Due to frequent applications in skull replacement, medical implants held the highest market share in 2013. Different types of implants are orthopedic, crani-maxillofacial, and dental surgical. In digital dentistry, 3D printing provides finished dental prosthetics in metal. The process is accurate, cheap, and minimally invasive.

According to technologies, the overall Healthcare 3D Printing Market is categorized into droplet deposition, photo-polymerization, laser beam melting, and electron beam melting. The droplet deposition segment generated highest revenues in 2013. It is sub-segmented into multiphase jet solidification, fused deposition modeling, and inkjet printing. Inkjet printing is widely applied in bio-printing, since it helps print living tissues. Bio-printing involves the use of bio-ink, a mixture of living cells. Bio-ink is a substance that can be printed into any desired shape. Raw materials that are employed in the healthcare 3D printing industry are ceramics, polymers, biological cells, and metals. Polymers dominated the overall market in 2013. Propelled by popularity, awareness, and technological advancements, this segment may continue dominating the market throughout the forecast period.

Geographically, the worldwide Healthcare 3D Printing Market is divided into Asia Pacific, Europe, North America, and Rest of the World. North America is the leading regional market. Factors that fuel the region are well developed healthcare infrastructure, high R&D investments in 3D technologies, and surging healthcare spending. Owing to widespread adoption of 3D & 4D technologies and high healthcare expenditure, Asia Pacific may expand remarkably in the forthcoming years. Europe too, is expected to grow considerably during the same time period owing to surging demand for customized medical equipment.

Prominent companies operating in the global healthcare 3D printing market are Youbionic, Rainbow Biosciences, Roche Pharmaceuticals, 3D Systems Corporation, and Bio-Rad Laboratories. Early this year, a research team in Korea, with the help of a 3D bio-printer developed a special myocardial therapeutic patch for ischemic heart disease. This patch generates new tissues & blood vessels when attached to the patient’s heart. The researchers tested the same by transplanting the 3D printed heart patch into the epicardium of diseased hearts of lab animals. After the implant, it was observed that the patch lowered the hardness of a few fibrotic areas that were damaged by insufficient blood supply.

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Ambulatory Services Market to grow at 6% CAGR from 2016 to 2024 | Hexa Research

The global Ambulatory Services Market is projected to expand at a moderate CAGR of nearly 6% over the forecast period (2016 to 2024). The industry was valued approximately USD 2200 billion in 2014. High government expenditure on ambulatory care services plays a vital role in driving market demand.

Implementation of government initiatives that support team-based primary care could positively impact the market in the years to come. Popularity of day surgery centers attributes to technological advancements and reduced hospital stays. Ambulatory services lead to cost savings due to lower hospital stay costs. Unlike conventional surgeries that require long hospital stays, non-surgical methods facilitate day surgeries. This attributes to the availability of resourceful recovery procedures.

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The worldwide ambulatory services industry is categorized on the basis of types and regions. As per types, the divisions are primary care offices, outpatient departments, emergency departments, surgical specialty, medical specialty, and others. With revenues surpassing USD 400 billion, primary care offices led the overall market in 2014. Being the initial point of care, primary care has been obtaining strong government support. With substantial financial impetus, governments in a number of regions have successfully established community care centers.

Popularity of same-day surgeries and technological advancements drive the surgery specialty segment. It is anticipated to grow rapidly in the forthcoming years. A number of acquisitions have been taking place over the past couple of years in the market for surgery specialty. In 2015, Apollo Hospital acquired the Nova Medical surgical unit for around USD 24 million. Such collaborations could significantly contribute to this market segment from 2016 to 2024. Several providers of ambulatory health care operate closely with other healthcare providers & physicians to expand their worldwide reach. Tenet Healthcare and United Surgical Partners International came together in 2015 and increased the network for ambulatory healthcare units.  Geographically, the global ambulatory services market is categorized into Asia Pacific, North America, Europe, the Middle East & Africa, and Latin America. North America dominated the industry in 2014. Regional drivers are shift of geriatric patients from inpatient to outpatient care and cost savings brought about by same day surgeries. The ambulatory services market in Europe is a gradually expanding one. The region is fueled by popularity of newer types of anesthesia that cause minimal discomfort to patients. This ensures rapid recovery without hospital stays.

Asia Pacific is poised to grow at a CAGR surpassing 7% over the forecast period. Burgeoning healthcare costs because of widespread prevalence of chronic ailments is causing companies & governments take to the “outpatient” trend. China has introduced mobile apps that facilitate outpatient medical appointments & payments for the same. This app in turn brings down long waiting times.

Prominent companies operating in the worldwide ambulatory services market are Medical Facilities Corporation, Nueterra, Aspen Healthcare, Surgery Partners, and Symbion. Some of the commonly used ambulatory software are ambulatory EHR/EMR, ambulatory practice management (PM), ambulatory patient portal, and ambulatory medical billing. Electronic health records (EHRs) are central repositories for patient and patient-care related data, such as progress notes, lab orders, and medication lists. Practice management systems are repositories for administrative data, such as workflow management, appointment scheduling, and patient registration. In most ambulatory facilities, patient portals are primary methods of communication that takes place between healthcare providers and patients.

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