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Transcatheter Mitral Valve Repair and Replacement Market Opportunity Analysis 2018 – 2026
Transcatheter Mitral Valve Repair and Replacement Market Opportunity Analysis 2018 – 2026
Transcatheter mitral valve repair and replacement methods are gaining significant traction due to advances in valve therapy. Transcatheter Mitral Valve Replacement (TMVR) can be used as an alternative to open-heart surgery and is used in treating mitral valve stenosis, mitral valve prolapse, and mitral valve regurgitation.
Transcatheter Mitral Valve Repair and Replacement Market Drivers
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Transcatheter Mitral Valve Repair and Replacement Market Opportunity Analysis 2018 – 2026
Transcatheter mitral valve repair and replacement methods are gaining significant traction due to advances in valve therapy. Transcatheter Mitral Valve Replacement (TMVR) can be used as an alternative to open-heart surgery and is used in treating mitral valve stenosis, mitral valve prolapse, and mitral valve regurgitation.
Transcatheter Mitral Valve Repair and Replacement Market Drivers
As per the American Heart Association estimates in 2017, around 19.1 million death occur annually worldwide due to various cardiovascular diseases. Furthermore, as per the United Nations (UN) estimates 2017, the geriatric population in the U.S. is expected to reach over 72 million by 2022. The growth of this target population coupled with increasing risk of cardiovascular diseases is expected to drive the growth of the market.
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The global transcatheter mitral valve repair and replacement devices market is expected to witness growth, owing to continuous technological advancements such as developing multiple use valves. For instance, in June 2017, Edwards Lifesciences received FDA approval for its SAPIEN 3 transcatheter prosthetic heart valve, indicated for placement within both mitral valves and aortic valves.
Increase in number of TMVR pipeline devices for treatment of mitral valve abnormalities are also expected to propel growth of TMVR market. For instance, a randomized clinical trial of Medtronic Intrepid Transcatheter Mitral Valve Replacement System, sponsored by Medtronic Cardiovascular is ongoing for treating mitral valve regurgitation and is estimated to complete in October 2025.
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Disposable Blood Bags Market Trends, and Forecast to 2026
Disposable Blood Bags Market Trends, and Forecast to 2026
Disposable blood bags are used for collection, storage, transportation, and transfusion of human blood and blood components. These bags are manufactured from bio-compatible PVC, compounded with suitable additives, which is not reactive to blood components. Disposable blood bags replace the use of glass bottles as glass bottles require thorough cleaning, rinsing, and autoclaving procedures as well…
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Disposable Blood Bags Market Trends, and Forecast to 2026
Disposable blood bags are used for collection, storage, transportation, and transfusion of human blood and blood components. These bags are manufactured from bio-compatible PVC, compounded with suitable additives, which is not reactive to blood components. Disposable blood bags replace the use of glass bottles as glass bottles require thorough cleaning, rinsing, and autoclaving procedures as well as there are chances of its breakage at any stage. Furthermore, the use of disposable bags eliminates the possibility of any contamination.
Disposable Blood Bags Market Dynamics
Demand for disposable blood bags are witnessing significant growth owing to rising prevalence of blood related disorders and increasing number of road accidents that require blood transfusion. Blood transfusion is commonly used for supportive care in transplant surgery, cardiovascular surgery, massive trauma, and haematological therapy. According to New York Blood Center (NYBC) 2018 data, car accident and trauma victims may need over 50 red cell transfusions during entire treatment process.
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Moreover, growing aging population, rising government initiatives, and increasing awareness for blood donation are major factors driving growth of the disposable blood bags market. For instance, according to the WHO report of 2016, approximately 112.5 million units of donated blood are collected annually worldwide. All these factors are expected to give significant thrust to the size of the global disposable blood bags market. However, huge shortfall in blood supplies in low-income countries due to lack of a robust infrastructure for blood collection, distribution, and storage is hampering growth of the disposable blood bags market. In emerging economies, blood is primarily used to treat pregnancy complications and childhood anaemia. According to Safe Blood for Africa, nearly 15% of child mortality in Africa occur due to an inadequate or unsafe supply of blood for transfusion.
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Inoculating Turntables Market Outlook and Opportunity Analysis 2018–2026
Inoculating Turntables Market Outlook and Opportunity Analysis 2018–2026
Inoculating turntables are small devices used for easy and even spreading of inoculum on the substrate, during culture media preparation and straining. Inoculating turntables turn around petri dish on a concentric point using ball bearings, which ensures smooth and effortless spinning for faster and more accurate inoculation. Inoculating turntables are of two types based on the mode of force used…
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Inoculating Turntables Market Outlook and Opportunity Analysis 2018–2026
Inoculating turntables are small devices used for easy and even spreading of inoculum on the substrate, during culture media preparation and straining. Inoculating turntables turn around petri dish on a concentric point using ball bearings, which ensures smooth and effortless spinning for faster and more accurate inoculation. Inoculating turntables are of two types based on the mode of force used to turn the platform – hand-operated and electronic. Electronic turntables offers different rpm settings and a hand or leg operated pedal to on and off the rotations. Increasing number of end users of this product, is expected to be major factor driving the inoculation turntable market growth during the forecast period. However, lack of awareness about turntable inoculating devices/instruments amongst small scale laboratories is expected to be hinder growth of the inoculating turntable market.
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Inoculating Turntables Market Dynamics
For instance, to assess drug efficacy on any bacteria or microbes, the culture media plays a vital role in bacteria production. The involvement or usage of inoculating turntable helps in dense growth of bacterial/microbial colony. Inoculating turntables are commonly used in culture in research laboratories, majorly for antiseptic and antibiotics drugs. For instance, according to Lancet Infectious Diseases Commission, 2014, the consumption of antibiotic drugs raised gradually to 36% from 2000 to 2010. Additionally, BRICS countries contributed a share of around 75.4% of the growth. Dense antibiotic drug manufacturing by culture media on inoculating turntable, is a major factor driving growth of Inoculating turntable market. Moreover, all such factors favor an opportunity-rich growth for the inoculating turntable market over the next couple of decades.
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Electronic Hearing Protection Device Market Share, Size and Analysis 2026
Electronic Hearing Protection Device Market Share, Size and Analysis 2026
Electronic hearing protection device are designed to help protect the ear from damage due to exposure to high-decibel noise. Electronic hearing protection device covers the entire ear including the lobe and seals in the sides of the head with suitable cushion or pads of the device. Noise-induced hearing loss (NIHL) typically develops over many years of sustained exposure to noisy environments. It…
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Electronic Hearing Protection Device Market Share, Size and Analysis 2026
Electronic hearing protection device are designed to help protect the ear from damage due to exposure to high-decibel noise. Electronic hearing protection device covers the entire ear including the lobe and seals in the sides of the head with suitable cushion or pads of the device. Noise-induced hearing loss (NIHL) typically develops over many years of sustained exposure to noisy environments. It is a slow process that causes a painless and permanent hearing loss. The prevention of cochlear damage is the only way to prevent NIHL. Usage of hearing protection device is the most prevalent means to prevent NIHL.
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Exposure to harmful noise can cause NIHL at any age. Based on 2011-2012 CDC study conducted in 10 million participant of hearing tests and interviews concluded around 24% participant suffering from hearing loss in one or both ears due to exposure to noise. Increasing concerns of safety regulations pertaining to workers safety is expected to act as a fuel to the growth of overall electronic hearing protection device market. Workers employed in construction sites, manufacturing and industrial areas are exposed to high levels of noise pollution that can result in permanent damage to ear. Various government and non-governmental organizations are encouraging companies to follow various safety measures in order to assure safe workplace. “Buy Quiet” an initiative by The National Institute for Occupational Safety and Health (NIOSH), encourages companies to purchase or rent quieter machinery for new businesses and start-ups and to replace the old machines to reduce noise pollution.
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Electronic Medical Records Market Share, Analysis, and Industry Forecast till 2024
Electronic Medical Records Market Share, Analysis, and Industry Forecast till 2024
The global healthcare sector is undergoing a wave of transformation, with digitization being the core focus area of service providers. Healthcare IT products and systems are in high demand in emerging nations such as India, China, Brazil, Indonesia, and also Israel, as part of the ongoing upgrade of healthcare infrastructure in these countries. This is expected to propel growth of the electronic…
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Electronic Medical Records Market Share, Analysis, and Industry Forecast till 2024
The global healthcare sector is undergoing a wave of transformation, with digitization being the core focus area of service providers. Healthcare IT products and systems are in high demand in emerging nations such as India, China, Brazil, Indonesia, and also Israel, as part of the ongoing upgrade of healthcare infrastructure in these countries. This is expected to propel growth of the electronic medical records market in these regions. Deployment of EMR systems involves long-term collaboration between the system developer and user. This service offering generates a continuous revenue model for electronic medical record service providers. The global market is therefore expected to grow at a sustainable rate over the foreseeable future.
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The question for sustainability of this system arises on account of the existence of electronic health records (EHR), which allows easy access to patient health records irrespective of the time and physical location of the user. The EHR system, however, finds major applicability in large hospitals, and diagnostic centers thus paving the opportunity for EMR in smaller and medium-sized private clinics and health centers, which account for a major share of the healthcare practices.
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Global Dental Implants Market Trend, Share and Forecast till 2024
Global Dental Implants Market Trend, Share and Forecast till 2024
With changing market dynamics, companies are emphasizing on product innovation and strengthening of distribution channel to sustain and expand their business reach worldwide. Various macroeconomic factors such as increased geriatric population, growing focus on aesthetics, rise in out-of-pocket spending, and establishment of quality healthcare institutions are expected to bolster sales of dental…
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Global Dental Implants Market Trend, Share and Forecast till 2024
With changing market dynamics, companies are emphasizing on product innovation and strengthening of distribution channel to sustain and expand their business reach worldwide. Various macroeconomic factors such as increased geriatric population, growing focus on aesthetics, rise in out-of-pocket spending, and establishment of quality healthcare institutions are expected to bolster sales of dental implant devices worldwide. On an average, over 20% of population in EU is aged over 65 years. Moreover, EU spends nearly 9% of its GDP on healthcare. Increasing consolidation, technological advancement, and company laying emphasis on strengthening distribution channels are some of the key dental implants market trends.
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Dental implants are implants in the jaw, placed below the gum line, providing a base for planting artificial teeth or bridge. Dental implants market has witnessed drastic rise in the last few years. A number of socioeconomic and technological factors have contributed to overall growth of the industry. Europe and North America account for 65.9% of global dental implants market revenue in 2016. However, market dynamics are expected to witness a major shift, with Asia Pacific and Latin America emerging as the fastest growing markets for dental implant over the forecast period (2016–2024). This is primarily attributed to aging baby boomers population with high spending power. Lately, the industry is witnessing change in market dynamics post-economic recession of 2008. The industry that was once fragmented is slowly shifting towards consolidation. One such example is the acquisition of Astra by DENTSPLY in 2011.
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Global Geriatric Care Services Market Trends, and Forecast till 2026
Global Geriatric Care Services Market Trends, and Forecast till 2026
Aging increases the risk of chronic diseases such as diabetes, cardiac disorders, arthritis, and respiratory disorders that require continuous monitoring. Also, aging decreases bone density that makes it a challenge for the geriatric population to continuously manage their medical needs and perform their daily activities. Hence, the need for geriatric care services arises, which to a great extent…
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Global Geriatric Care Services Market Trends, and Forecast till 2026
Aging increases the risk of chronic diseases such as diabetes, cardiac disorders, arthritis, and respiratory disorders that require continuous monitoring. Also, aging decreases bone density that makes it a challenge for the geriatric population to continuously manage their medical needs and perform their daily activities. Hence, the need for geriatric care services arises, which to a great extent eases the life of the elderly population. Increasing need for continuous health assistance by the elderly population is driving demand for continuing care.
Elderly population suffering from chronic conditions require frequent physician visits, health monitoring and assistance in performing daily activities. Geriatric care service providers offer end-to-end solutions to the elderly population in need of assistance in order to ease their living. Coordinating with the doctor, assessing any medical or nutritional need, assistance in medical and financial planning, home nursing services, and devising complete medical care plans are some of the services offered by various geriatric care service market players.
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Radiopharmaceuticals Market Size, Trend and Outlook 2026
Radiopharmaceuticals Market Size, Trend and Outlook 2026
Radiopharmaceuticals are unique medicinal formulations that contain radioisotopes and are used in clinical applications for diagnosis and therapy. The facilities and procedures for production, use, and storage of radiopharmaceuticals are subject to license approval either by national or regional authorities such as Nuclear Regulatory Commission (NRC) of U.S, Atomic Energy Commission (AEC) of…
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Radiopharmaceuticals Market Size, Trend and Outlook 2026
Radiopharmaceuticals are unique medicinal formulations that contain radioisotopes and are used in clinical applications for diagnosis and therapy. The facilities and procedures for production, use, and storage of radiopharmaceuticals are subject to license approval either by national or regional authorities such as Nuclear Regulatory Commission (NRC) of U.S, Atomic Energy Commission (AEC) of U.S., or Atomic Energy Regulatory Board (AERB) of India. Licensing includes compliance regarding pharmaceutical preparations and use of radioactive materials.
A radiopharmaceutical preparation is a medicinal product in a ready-to-use format containing a radionuclide suitable for human use. A kit for radiopharmaceutical preparation encloses a vial containing the non-radionuclide components of a radiopharmaceutical preparation in a sterilized and validated form, to which the appropriate radionuclide is added. Radiopharmaceuticals derived from the kits are intended to be used within 12 hours of preparation.
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Medical Grade Hydrogel Market Outlook, and Opportunity Analysis, 2018 - 2026
Medical Grade Hydrogel Market Outlook, and Opportunity Analysis, 2018 – 2026
Hydrogel are hydrophilic, three dimensional, and cross-linked polymer chain, which has property to absorb different fluids. They resemble body tissue with respect to their ability to absorb large amount of water. The property to absorb different types of the fluid makes hydrogel suitable for many medical applications. As human body consist of large amount of water, therefore hydrogels are highly…
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