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renubresearch · 10 months
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Neurovascular Devices Market Size To Reach USD 4.53 Billion By 2030
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Neurovascular Devices Market Growth & Trends
The global neurovascular devices market size is anticipated to reach USD 4.53 billion by 2030, registering a CAGR of 6.01% from 2023 to 2030, according to a new report by Grand View Research, Inc. The rising prevalence of neurological illnesses such as stroke, brain aneurysm, and cerebral artery stenosis is driving growth of the neurovascular devices market. According to the World Stroke Organization (WSO), in 2022, there will be more than 12.2 million new strokes per year.
One in every four adults above the age of 25 will suffer a stroke throughout their lifetime. In addition, nearly 7.6 million new ischemic strokes occur each year. Around 62.0% of all incident strokes worldwide are ischemic strokes, with more than 1.2 million new subarachnoid hemorrhages occurring each year. As a result, the figures show that there is a significant demand for the neurovascular devices, which is driving neurovascular device market expansion.
The rising prevalence of brain aneurysms in both developed and developing countries is driving the introduction of technologically advanced products to the market. Some significant therapeutic techniques for an intracranial aneurysm include surgical clipping, endovascular coiling, and flow diverters. Market participants are constantly working to introduce technologically advanced products to the market.
For instance, in September 2021, Medtronic plc. announced the CE Mark clearance of its radial artery access portfolio, which comprises the Rist 079 Access Radial Guide Catheter and the Access Rist Radial Selective Catheter. Furthermore, in March 2022, Micro Port Scientific Company announced that its Hyper flex Balloon Catheter has received registration approval from the Japan Pharmaceuticals and Medical Devices Agency (PMDA).
Reduced postoperative discomfort and faster recovery are the factors expanding use of the minimally invasive operations and fueling R&D in this field. Endovascular coiling is a minimally invasive surgery that is frequently suggested by the clinicians for the treatment of cerebral aneurysms. Hydro Coils (MicroVention, Tustin, California, USA) have permitted the treatment of more complex aneurysmal structures with reduced recurrence rates as compared to bare-platinum coils. As a result, increased demand for the minimally invasive procedures is supporting neurovascular device market expansion.
Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/neurovascular-devices-market
Neurovascular Devices Market Report Highlights
In 2022, cerebral embolization and aneurysm coiling devices dominated the neurovascular devices market with a market share of 34.79%. As the prevalence of cerebral artery stenosis rises, major players are introducing more technologically advanced products
Based on therapeutic application, stroke segment dominated the market in 2022 with a market share of 57.10% due to the increasing prevalence of stroke, globally. The increasing frequency of strokes around the world has resulted in a significant demand for the management of these cases, necessitating the intensive use of neurovascular devices
Among size, 0.021" held a majority market share of 27.26% in the year 2022. This is due to 0.021” size products are preferred over others owing to superior flow rates and embolic compatibility
Among end use, hospitals held a majority market share of 70.97% in the year 2022. Increasing number of patients being admitted to the hospitals due to the surgeries, therapies, and treatments is expected to favor the neurovascular device market. Thus, subsequent increase in number of patients across the globe, launch of technologically advanced products, and favorable reimbursement policies are leading to a growing demand for the hospital treatments
North America led the market with the maximum revenue share of 26.44% in 2022. Rising demand for the minimally invasive surgeries, and increasing government initiative for improving healthcare infrastructures are among the key factors driving the market growth. In addition, technological advancement and innovation of new noninvasive techniques will create lucrative opportunities for the segment
Regional Insights
North America dominated the neurovascular devices market with the share of 26.44% in 2022 owing to the presence of key manufacturers such as Penumbra, Inc., Stryker Corporation, Johnson & Johnson, and Merit medical systems, Inc. in the region. In February 2023, Phenox Inc. stated that their pRESET Thrombectomy Device has been cleared by the FDA for use in the treatment of acute ischemic stroke. The product pRESET, which has been marketed in Europe for more than  a decade, has now been approved for use in the U.S. Furthermore, rising prevalence of neurological disorders, and increasing demand for the minimally invasive surgical procedures are driving the neurovascular devices market growth in this region.
Neurovascular Devices Market Segmentation
Grand View Research has segmented the global neurovascular devices market based on the device, therapeutic application, size, end use, and regions:
Neurovascular Devices Device Outlook (Revenue USD Million; Volume Unit; 2018 - 2030)
Cerebral Embolization and Aneurysm Coiling Devices
Cerebral Angioplasty and Stenting Systems
Neurothrombectomy Devices
Support Devices
Trans Radial Access Devices
Neurovascular Devices Therapeutic Application Outlook (Revenue USD Million; 2018 - 2030)
Stroke
Cerebral Artery
Cerebral Aneurysm
Others
Neurovascular Devices Size (in Inches) Outlook (Revenue USD Million; 2018 - 2030)
0.027"
0.021"
0.071"
0.017"
0.019"
0.013"
0.058"
0.068"
Others
Neurovascular Devices End Use Outlook (Revenue USD Million; 2018 - 2030)
Hospitals
Specialty Clinics
Others
Neurovascular Devices Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
Europe
Asia Pacific
Latin America
Middle East and Africa (MEA)
List of Key Players In Neurovascular Devices Market
Medtronic
Johnson and Johnson Services Inc.
Penumbra, Inc.
Micro port Scientific Corporation
Stryker
Microvention Inc. (Terumo Corporation)
Codman Neuro (Integra Life sciences)
Browse Full Report: https://www.grandviewresearch.com/industry-analysis/neurovascular-devices-market
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healthcareanna · 29 days
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Syringe and Needle Market Growth Drivers, Key Players, Forecast
Syringe and Needle Market Overview-
The syringe and needle market is a crucial component of the healthcare industry, facilitating precise medication administration and fluid extraction across various medical settings. The global syringe and needle market size is expected to grow USD 14.74 billion by 2032 at a CAGR of 5.90% and surpass its previous revenues over the forecast period of 2023–2032, as per a research report published by Market Research Future (MRFR). Within this market, a notable segment gaining traction is insulin pen needles. As the prevalence of diabetes continues to rise globally, the demand for efficient insulin delivery systems has intensified.
Latest Innovation on Syringe and Needle Market
1. Smart Syringes with Integrated Sensors
Recent innovations include smart syringes equipped with integrated sensors that track and record injection data, such as dosage and injection site. These devices help improve accuracy, ensure compliance, and provide valuable data for both healthcare providers and patients, enhancing overall treatment management.
2. Self-Disabling Needles
Self-disabling needle technology is addressing safety concerns by incorporating mechanisms that automatically retract or disable the needle after use. This innovation reduces the risk of needlestick injuries and cross-contamination, providing a safer option for healthcare workers and patients alike.
Insulin pen needles offer a convenient and less invasive method for diabetic patients to administer insulin compared to traditional syringes. This has led to a surge in the production and adoption of insulin pen needles by both healthcare providers and patients, driving growth in the syringe and needle market.
The Syringe and Needle Market plays a vital role in healthcare delivery, providing essential tools for medication administration, blood collection, and various medical procedures. Medical needles and syringes are ubiquitous in clinical settings, serving as indispensable components of healthcare delivery systems worldwide. Insulin pen needles, a specialized category within the market, cater to the needs of diabetic patients requiring frequent insulin injections. These fine-gauge needles, designed for use with insulin pens, offer convenience, ease of use, and reduced discomfort for individuals managing diabetes.
Syringe and Needle Market Competitive Landscape
Global Syringe and Needle Companies include
Braun Medical Inc.,
Terumo Corporation,
Albert David Ltd,
Covidien Plc,
Smiths Medical, and
Connecticut Hypodermics Inc.
Syringe and Needle Market Segmentation
The global syringes and needle market has been segmented based on type, therapeutic application, usability, and end-user. By type, the market has been segmented into Blood Collection, Intravenous, and Catheter. By therapeutic application, the market has been segmented into General Surgery and Diagnostic. By usability, the market has been segmented into disposable and reusable. By end user, the market has been segmented into Hospitals & Clinics and Home Care.
As the demand for medical needles and syringes continues to rise, Syringe and Needle Manufacturers are leveraging advancements in materials science and manufacturing technology to develop next-generation products. The Syringe and Needle Market encompasses a wide range of applications beyond insulin delivery, including vaccination, medication administration, and blood collection. Syringes and needles are essential components of routine medical procedures performed in hospitals, clinics, and home care settings. With the increasing prevalence of chronic diseases and the growing emphasis on preventive care, the demand for medical needles and syringes is expected to continue to rise, driving market expansion and innovation.
From ultra-thin insulin pen needles to safety-engineered syringes with retractable needles, manufacturers are constantly innovating to meet the evolving needs of healthcare providers and patients. Additionally, efforts are underway to enhance sustainability and reduce environmental impact through the use of recyclable materials and eco-friendly manufacturing processes.
Insulin needle pens, also known as insulin pens, combine the functionality of syringes and pens, providing a convenient and discreet method for administering insulin doses while on the go. In conclusion, the Syringe and Needle Market plays a crucial role in healthcare delivery, providing essential tools for medication administration and medical procedures. Insulin pen needles and insulin needle pens offer convenience and comfort for diabetic patients, while a diverse array of syringes and needles cater to a wide range of clinical applications. As Syringe and Needle Companies and Manufacturers continue to innovate and collaborate, the future of the market holds promise for improved patient care, safety, and efficiency.
Related Reports-
Catheters market
Medical Carts market
Healthcare Contract Manufacturing market
Population Health Management market
Clinical Trial Management System market
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pranalip · 2 months
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Cardiovascular Devices Market – In Depth Insight Analysis to 2033 | Global Insight Services
“Global Insight Services offers unparalleled market intelligence and strategic consulting services to businesses worldwide. Our expertise spans across various industries, including healthcare, technology, and consumer goods, providing comprehensive analysis and actionable insights. By leveraging advanced data analytics and in-depth market research, we empower our clients to make informed decisions, identify growth opportunities, and stay ahead of the competition”.
The global cardiovascular devices market size was USD 53.3 billion in 2021 and is anticipated to reach USD 91.9 billion in 2031, growing at a rate of 5.2% from 2022 to 2031.
Cardiovascular diseases (CVDs) are a group of disorders of the heart and blood vessels and include coronary heart disease, cerebrovascular disease, rheumatic heart disease, and other conditions. Cardiovascular devices such as stents, catheters, grafts, and others are used to treat CVDs efficiently.
View The Full Report Here –https://www.globalinsightservices.com/reports/cardiovascular-devices-market
Market Trends and Drivers
The cardiovascular devices control irregularities caused by the heart’s electrical systems, such as irregular heartbeat and heart rhythm disorders. When medication, lifestyle changes, or other treatments do not work, an implantable device may be recommended. Certain factors that are boosting the cardiovascular devices market growth include a rise in the use of ambulatory and home services for cardiac monitoring, the increasing prevalence of cardiovascular disorders, favorable reimbursement policies, and technological advancements.
Besides, the growth of the global cardiovascular devices market is also attributed to the growing demand for high-performance and efficient cardiovascular systems globally. Increasing awareness regarding the benefits of the cardiovascular devices market is expected to positively impact the revenue growth of the market over the forecast period. In addition, developments in cardiovascular devices positively contribute to the growth of the global cardiovascular devices market. Further, the rising demand for cardiovascular devices from emerging economies to treat patients suffering from cardiovascular devices effectively is expected to cater to the growth of the cardiovascular devices industry. Besides, the rise in the number of hospitals in addition to small and medium-sized companies is increasing the demand for cardiovascular devices. Furthermore, technological advancements in cardiovascular devices are anticipated to offer lucrative opportunities for the market players.
Market Restraints & Challenges
One of the major factors hindering the global cardiovascular devices market growth is the stringent regulatory requirements that delay the approval of cardiac devices. In addition, the other concern & risk connected to the market is that the therapeutic radiation used in cancer treatment affects the operation of a patient with implantable cardiac rhythm devices. This device uses complementary metal-oxide-semiconductor (CMOS) which are susceptible to damage by the therapeutic doses of radiation. This factor is one of the major factors that limits the scope of using cardiac devices, as the implants are highly sensitive and their malfunctioning may have serious consequences. Besides, the high cost of these devices along with limited insurance coverage is restraining the growth of the market.
Unlock Growth Potential in Your Industry – Get Your Sample Report Now-https://www.globalinsightservices.com/request-sample/GIS20313
Market Segments
By Type
Diagnostic & Monitoring Devices
Therapeutic & Surgical Devices
By Application
Cardiac Rhythm Management & Heart Failure
Coronary Vascular
Structural Heart
Peripheral Vascular
Others
By End User
Hospitals
Specialty Centers
Major Players of the Global Cardiovascular devices Market
The global cardiovascular devices market report includes players such as Abbott Laboratories, B. Braun Melsungen AG, Becton, Dickinson and Company, Biotronik SE & Co. KG, Boston Scientific Corp., Cardinal Health Inc., Cook Medical, Koninklijke Philips N.V., Medtronic plc., and Terumo Corporation.
Prominent players in the industry such as Abbott Laboratories, Boston Scientific Corp., and Medtronic plc. are focusing on adopting acquisition as their key developmental strategy to boost the product offerings of cardiovascular devices. For instance, in February 2022, Boston Scientific acquired Baylis Medical Company Inc., which offers advanced transseptal access solutions along with guidewires, sheaths, and dilators used to support catheter-based left-heart procedures.
COVID-19 Analysis:
According to the International Monetary Fund (IMF), due to the epidemic of a novel coronavirus, the worldwide economy decreased by over 3.0% in 2020. Several nations were under strict lockdowns in 2020 & 2021, which have impacted the supply of raw materials. Therefore, due to this, the manufacturing activities of cardiovascular device producers have ceased. While some cardiovascular procedures are considered urgent, others have been postponed and delayed since the beginning of the global pandemic. The other aspect negatively affecting the market is the drop in the diagnosis of cardiovascular diseases owing to healthcare resources being reserved for COVID-19 patients. Besides, several medical device companies have suffered losses in their cardiovascular device businesses owing to the pandemic. To cite an instance, Medtronic plc announced a reduction of nearly one-third in its cardiac and vascular business sector in its 2020 quarterly financial results. Moreover, demand for cardiovascular devices from hospitals has been dropped amid their stopped operations, due to government-imposed lockdown measures. This is anticipated to hamper the cardiovascular devices market growth during the forecast period.
Buy Now@https://www.globalinsightservices.com/checkout/single_user/GIS20313
 Research Scope
Scope – Highlights, Trends, Insights. Attractiveness, Forecast
Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
With Global Insight Services, you receive:
10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Infographic excel data pack, easy to analyze big data
Robust and transparent research methodology
Unmatched data quality and after sales service
Contact Us:
Global Insight Services LLC 16192, Coastal Highway, Lewes DE 19958 E-mail: [email protected] Phone: +1-833-761-1700 Website: https://www.globalinsightservices.com/
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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Transradial Access Market: Elevating Ambulatory Surgical Centers
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This has positioned the transradial access market as one of the fastest-growing segments in medical devices, with strong growth driven by its several advantages over the more traditional access method of femoral in interventional procedures. With reduced bleeding complications, a shorter hospital stays, and improved patient comfort during vascular interventions, this has recently acquired remarkable momentum through the radial artery of the wrist.
The United States presents a key market for transradial access, as that country leads in healthcare worldwide. As the population ages and there is an increase in the cases of CVDs, so minimally invasive procedures increase, fueling demand for transradial access.
Market statistics are quite encouraging. It is expected that by 2031, the trans-radial access market will reach US$ 3.46 billion at a CAGR of 7.4%. There is growing awareness among healthcare professionals about the advantages of transradial access. Improving access devices and lucrative reimbursement policies have positively catalyzed this market growth.
The important end-users of the trans-radial access market are hospitals and ambulatory surgical centers. These are aggressively involved in the upgrading of infrastructure with more advanced, high-end facilities and increasing the number of skilled professionals so that capacity can be enhanced to deal with the increasing volume of patients undergoing trans-radial procedures. Clinical guidelines and pathways are now also drawn up to contain provisions for trans-radial access, further enhancing the size of the market.
Product-wise, catheters, guidewires, sheaths, and sheath introducers dominate the market. Innovative product development with more features, such as hydrophilic coatings, advanced materials, and others, is likely to raise the market growth rate.
However, procedural complexities, limited operator experience, and radial artery spasms are some of the challenges that may hamper market penetration. Industry players take necessary steps through comprehensive training programs and develop user-friendly devices as a means to overcome such challenges.
It thus presents a huge opportunity for medical device companies in the US trans-radial access market. Backed by a benign regulatory environment, rising patient preference, and better technology, the market continues to grow. Companies can leverage the identified trends and try to overcome the challenges to build a formidable market share in this segment.
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wellnessweb · 2 months
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Understanding the Microcatheters Market Size: Demand and Supply Dynamics
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The Microcatheters Market Size was valued at USD 1.98 billion in 2022, and is expected to reach USD 2.71 billion by 2030 and grow at a CAGR of 4% over the forecast period 2023-2030.The microcatheters market is witnessing robust growth, driven by advancements in minimally invasive procedures and an increasing prevalence of cardiovascular diseases. These sophisticated, small-diameter catheters are essential in navigating the complex vascular pathways for diagnostic and therapeutic purposes, including neurovascular, coronary, and peripheral interventions. Technological innovations, such as improved flexibility, enhanced visibility under imaging, and specialized designs for targeted delivery of treatments, are propelling market expansion. Additionally, rising healthcare expenditure, an aging population, and heightened awareness of less invasive surgical options further fuel the demand for microcatheters across the globe.
Get Sample Copy Of This Report @ https://www.snsinsider.com/sample-request/2616
Market Scope & Overview
The analysis examines the market's main motivating and inhibiting factors, as well as recent trends and upcoming developments. In-depth analysis of the Microcatheters Market 's size, revenue, production, consumption, gross margin, pricing, and market-influencing aspects is provided in this research report. The market research report includes a comprehensive market analysis for the anticipated time frame.
The industry experts looked into a number of other sectors where manufacturers might do well in the future. The micro- and macroeconomic variables that can affect market demand are thoroughly examined in the Microcatheters Market  research report. The level of competition in the target market is rising as a result of competition in this industry between large and small businesses of all sizes.
Market Segmentation Analysis
By Product Type
Delivery Microcatheters
Aspiration Microcatheters
Diagnostic Microcatheters
Steerable Microcatheters
By Product Design
Single-Lumen Microcatheters
Dual-Lumen Microcatheters
By Application
Cardiovascular
Neurovascular
Peripheral Vascular
Oncological
Urological
Otolaryngological
By End User
Hospitals, Surgical Centers, and Specialty Clinics
Ambulatory Surgical Centers
COVID-19 Pandemic Impact Analysis
The recent research examines the growth potential of the Microcatheters Market  as well as the consequences of the ongoing COVID-19 situation. The report also includes a thorough case study analysis of significant industrial players' actions throughout the pandemic.
Regional Outlook
For stakeholders looking for new regional markets, geographic Microcatheters Market  research is an excellent resource. It helps readers understand the traits and development patterns of diverse geographic marketplaces.
Competitive Analysis
The research report goes in-depth on the filmographies, growth objectives, and business strategies of the major market players. Its statistical study of the world's Microcatheters Market  includes information on CAGR, market share, revenue, volume, and other crucial metrics. The broad worldwide market intelligence research is part of the target market investigation.
Key Reasons to Purchase to Microcatheters Market  Report
In order to significantly increase their market share and their global footprint, the top rivals, according to the study, engaged in mergers and acquisitions, collaborations, joint ventures, partnerships, product launches, and agreements.
The target market report comprises a company profile, financial information, a SWOT analysis, and a full examination of competitors in the market.
Conclusion
The competitive landscape and business models of the sector's top rivals may be better understood by industry participants with the use of Microcatheters Market  research. It will be useful if this report can help market participants get a competitive edge and make wise business decisions.
About Us
SNS Insider is a market research and insights firm that has won several awards and earned a solid reputation for service and strategy. We are a strategic partner who can assist you in reframing issues and generating answers to the trickiest business difficulties. For greater consumer insight and client experiences, we leverage the power of experience and people.
When you employ our services, you will collaborate with qualified and experienced staff. We believe it is crucial to collaborate with our clients to ensure that each project is customized to meet their demands. Nobody knows your customers or community better than you do. Therefore, our team needs to ask the correct questions that appeal to your audience in order to collect the best information.
Related Reports
Flash Chromatography Market Size
Cystic Fibrosis Market Size
Cancer Biopsy Market Size
Glaucoma Therapeutics Market Size
Genomics Services Market Size
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Fluoropolymer Tubing Market Size, Share, Growth & Forecast
The global fluoropolymer tubing market is likely to showcase a growth of around 6% during the forecast period. This can be ascribed to the growing end-use industry and increasing preference for fluoropolymer tubing over conventional polymers due to the demand for high-quality products among consumers.
The global market for fluoropolymer tubing is gaining strong growth momentum in light of recovery in end-use industries after a hefty hit of COVID-19. Fluoropolymers tubing like PTFE, FEP, and PFA are some of the commonly used types that are used in a range of industrial operations ranging from chip manufacturing that is used in medical devices to medical equipment such as catheters as a preferred material. Since it exhibits a remarkable combination of properties, from excellent chemical resistance, broad temperature capability, electrical insulation to high purity, toughness, and non-stick features, it is widely accepted among consumers. It is expected that increasing investment in fluoropolymer tubing demanding industries like automotive & transportation, medical, semiconductor, and energy, its market is likely to witness strong growth during the foreseeable future. Moreover, the extensive use of FDA-approved fluoropolymer tubing i.e., PVDF in water and food applications is fueling the global fluoropolymer tubing.
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For a detailed analysis of the market, drivers browse through – https://univdatos.com/get-a-free-sample-form-php/?product_id=28279
Based on type, the market is categorized into PTFE, FEP, PFA, ETFE, and others. Among these, PTFE accounted for a dominant share of the market. PTFE held a significant share in the market and is likely to showcase significant growth over the forecast period. This can be ascribed to its preference among consumers due to its low cost while offering high-quality properties like a high-temperature resistance and a nearly universal chemical resistance with non-stick characteristics.
Based on application, the market is categorized into medical, semiconductor, energy, oil & gas, automotive & transportation, fluid management, general industrial, and others. Among these, the semiconductor is likely to showcase robust growth during the foreseeable future. Rising investment to meet the growing chips demand is one of the key factors that would drive the market for fluoropolymer tubing in the semiconductor industry.
For a better understanding of the market adoption of Fluoropolymer Tubing, the market is analyzed based on its worldwide presence in the countries such as North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World. The Asia-Pacific accounted for a prominent share in the global fluoropolymer tubing market owing to the large base of the end-use industry including electrical & electronics, automotive & transportation, general industrial, and energy to name a few. Further, a large and growing population coupled with rapid urbanization is supporting industrial production in the region. Besides large demographic, improving per-capita income and disposable income is encouraging consumers to purchase high-quality products, thereby increasing the demand for fluoropolymer tubing.
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pranalipawarshinde · 3 months
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Cardiovascular Devices Market – Exclusive Report Study on the Current Trends And Forecast 2024-2033
“Global Insight Services offers unparalleled market intelligence and strategic consulting services to businesses worldwide. Our expertise spans across various industries, including healthcare, technology, and consumer goods, providing comprehensive analysis and actionable insights. By leveraging advanced data analytics and in-depth market research, we empower our clients to make informed decisions, identify growth opportunities, and stay ahead of the competition”.
The global cardiovascular devices market size was USD 53.3 billion in 2021 and is anticipated to reach USD 91.9 billion in 2031, growing at a rate of 5.2% from 2022 to 2031.
Cardiovascular diseases (CVDs) are a group of disorders of the heart and blood vessels and include coronary heart disease, cerebrovascular disease, rheumatic heart disease, and other conditions. Cardiovascular devices such as stents, catheters, grafts, and others are used to treat CVDs efficiently.
View The Full Report Here –https://www.globalinsightservices.com/reports/cardiovascular-devices-market
Market Trends and Drivers
The cardiovascular devices control irregularities caused by the heart’s electrical systems, such as irregular heartbeat and heart rhythm disorders. When medication, lifestyle changes, or other treatments do not work, an implantable device may be recommended. Certain factors that are boosting the cardiovascular devices market growth include a rise in the use of ambulatory and home services for cardiac monitoring, the increasing prevalence of cardiovascular disorders, favorable reimbursement policies, and technological advancements.
Besides, the growth of the global cardiovascular devices market is also attributed to the growing demand for high-performance and efficient cardiovascular systems globally. Increasing awareness regarding the benefits of the cardiovascular devices market is expected to positively impact the revenue growth of the market over the forecast period. In addition, developments in cardiovascular devices positively contribute to the growth of the global cardiovascular devices market. Further, the rising demand for cardiovascular devices from emerging economies to treat patients suffering from cardiovascular devices effectively is expected to cater to the growth of the cardiovascular devices industry. Besides, the rise in the number of hospitals in addition to small and medium-sized companies is increasing the demand for cardiovascular devices. Furthermore, technological advancements in cardiovascular devices are anticipated to offer lucrative opportunities for the market players.
Market Restraints & Challenges
One of the major factors hindering the global cardiovascular devices market growth is the stringent regulatory requirements that delay the approval of cardiac devices. In addition, the other concern & risk connected to the market is that the therapeutic radiation used in cancer treatment affects the operation of a patient with implantable cardiac rhythm devices. This device uses complementary metal-oxide-semiconductor (CMOS) which are susceptible to damage by the therapeutic doses of radiation. This factor is one of the major factors that limits the scope of using cardiac devices, as the implants are highly sensitive and their malfunctioning may have serious consequences. Besides, the high cost of these devices along with limited insurance coverage is restraining the growth of the market.
Unlock Growth Potential in Your Industry – Get Your Sample Report Now-https://www.globalinsightservices.com/request-sample/GIS20313
Market Segments
By Type
Diagnostic & Monitoring Devices
Therapeutic & Surgical Devices
By Application
Cardiac Rhythm Management & Heart Failure
Coronary Vascular
Structural Heart
Peripheral Vascular
Others
By End User
Hospitals
Specialty Centers
Major Players of the Global Cardiovascular devices Market
The global cardiovascular devices market report includes players such as Abbott Laboratories, B. Braun Melsungen AG, Becton, Dickinson and Company, Biotronik SE & Co. KG, Boston Scientific Corp., Cardinal Health Inc., Cook Medical, Koninklijke Philips N.V., Medtronic plc., and Terumo Corporation.
Prominent players in the industry such as Abbott Laboratories, Boston Scientific Corp., and Medtronic plc. are focusing on adopting acquisition as their key developmental strategy to boost the product offerings of cardiovascular devices. For instance, in February 2022, Boston Scientific acquired Baylis Medical Company Inc., which offers advanced transseptal access solutions along with guidewires, sheaths, and dilators used to support catheter-based left-heart procedures.
COVID-19 Analysis:
According to the International Monetary Fund (IMF), due to the epidemic of a novel coronavirus, the worldwide economy decreased by over 3.0% in 2020. Several nations were under strict lockdowns in 2020 & 2021, which have impacted the supply of raw materials. Therefore, due to this, the manufacturing activities of cardiovascular device producers have ceased. While some cardiovascular procedures are considered urgent, others have been postponed and delayed since the beginning of the global pandemic. The other aspect negatively affecting the market is the drop in the diagnosis of cardiovascular diseases owing to healthcare resources being reserved for COVID-19 patients. Besides, several medical device companies have suffered losses in their cardiovascular device businesses owing to the pandemic. To cite an instance, Medtronic plc announced a reduction of nearly one-third in its cardiac and vascular business sector in its 2020 quarterly financial results. Moreover, demand for cardiovascular devices from hospitals has been dropped amid their stopped operations, due to government-imposed lockdown measures. This is anticipated to hamper the cardiovascular devices market growth during the forecast period.
Buy Now@https://www.globalinsightservices.com/checkout/single_user/GIS20313
 Research Scope
Scope – Highlights, Trends, Insights. Attractiveness, Forecast
Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
With Global Insight Services, you receive:
10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Infographic excel data pack, easy to analyze big data
Robust and transparent research methodology
Unmatched data quality and after sales service
Contact Us:
Global Insight Services LLC 16192, Coastal Highway, Lewes DE 19958 E-mail: [email protected] Phone: +1-833-761-1700 Website: https://www.globalinsightservices.com/
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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bhushans · 4 months
Text
Beyond Borders: The Global Foley Catheter Market Offers Hope for Millions
The Foley catheter market is on track for significant growth, with a projected Compound Annual Growth Rate (CAGR) of 5.4% from 2023 to 2033. Valued at USD 1,565 million in 2023, the market is anticipated to surpass USD 2,641 million by 2033, underscoring its vital role in modern healthcare.
This steady growth trajectory reflects the increasing prevalence of urinary retention disorders, coupled with the growing aging population worldwide. Foley catheters, indispensable in managing urinary incontinence and facilitating postoperative care, are witnessing rising demand across various healthcare settings.
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A primary motivator for the foley catheter market is the growing adoption of minimally invasive surgical techniques. These treatments are becoming more and more well-liked due to their quicker recovery periods and decreased possibility of negative outcomes. Foley catheters are required for a number of minimally invasive therapies, which is expected to drive market growth over the course of the estimated period.
However, the foley catheter industry has several challenges, such as CAUTIs, or catheter-associated urinary tract infections. In addition to being a significant cause of morbidity and mortality among hospitalized patients, CAUTIs are associated with increased healthcare costs. Novel catheter coatings and materials that can reduce the risk of CAUTIs have been developed as a result.
The growing competition from complementary therapies like sacral nerve stimulation and pelvic floor muscle training presents another difficulty for the foley catheter market. Because of these non-invasive methods’ long-term efficacy, they are becoming more and more well-liked. This is predicted to partially impede the market’s growth for foley catheters.
The foley catheter market is anticipated to expand throughout the forecast period in spite of these obstacles. A growing number of people are becoming older, urological problems are becoming more common, and less invasive surgical techniques are becoming more and more popular, all of which are contributing to this growth. Businesses in the foley catheter sector must concentrate on creating cutting-edge catheter coatings and materials that can lower the risk of CAUTIs and enhance patient outcomes if they want to stay competitive.
Key Takeaways from the Foley Catheter Market:
The top product in the foley catheter industry is the 2-way catheter, which is expected to rise at a CAGR of 8.8% from 2023 to 2033.
Hospitals are the top-end user of the foley catheters industry, with a projected CAGR of 8.8% during the forecast period.
The United States foley catheters industry is expected to reach US$ 756.7 million by 2033, with a CAGR of 5.7% during the forecast period.
China is expected to see a CAGR of 5.9% from 2023 to 2033, with a market size of US$ 119.9 million by 2033.
The Canada foley catheters industry is expected to reach US$ 102.1 million by 2033, with a CAGR of 4.0% during the forecast period.
Germany is expected to see a CAGR of 5.9% during the forecast period, with a market size of US$ 111.7 million by 2033.
The United Kingdom foley catheters industry is expected to reach US$ 159.5 million by the end of the forecast period during the forecast period, with a CAGR of 5.8% from 2023 to 2033.
Rise of Antimicrobial Coatings and Silicone-based Catheters Fuels Competition in the Market
The global foley catheter industry is highly competitive, with numerous sizable companies operating in the market. The market is characterized by the presence of several leading players, along with numerous regional players and new entrants.
The industry is dominated by prominent players such as B. Braun Melsungen AG, Coloplast A/S, Cook Medical LLC, CR Bard Inc., Medline Industries Inc., and Teleflex Inc. These companies are well-established and have a strong presence in the global market. They focus on developing innovative and advanced products to maintain their position in the market. These players also engage in strategic collaborations, partnerships, and mergers and acquisitions to expand their business and enhance their product portfolio.
In addition to the key players, several regional players also play a significant role in the market. These companies focus on catering to the specific needs of their respective regions. They offer cost-effective and customized products to their customers. Regional players include companies such as Hollister Incorporated, Manfred Sauer GmbH, and Bactiguard AB.
Several new entrants are entering the market, intensifying the competition. These companies are focusing on developing low-cost products to gain a foothold in the market. These players include companies such as ASID BONZ GmbH, Amsino International Inc., and Fuqing Medical.
Key Segments
Type:
2 Way
3 Way
4 Way
Material:
Latex Foley Catheter
Hydrogel-coated Latex Foley Catheters
Silicon-coated Latex Foley Catheter
Silver-coated Latex Foley Catheters
PTFE (polytetrafluoroethylene) (Teflon)
Coated Latex Foley Catheters
Silicon Foley Catheter
Hydrogel-coated Silicone Foley Catheters
Pure Silicone Foley Catheters
Silver-coated Silicon Foley Catheters
Others
Indication:
Urinary Incontinence
Urethral Stricture
Chronic Obstruction
Neurogenic Bladder
Enlarged Prostate Gland/BPH
Prostate Cancer
Others
End User:
Hospitals
Long-term Care Facilities
Others
Region:
North America
Latin America
Europe
South Asia
East Asia
Oceania
The Middle East and Africa
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marketspost · 4 months
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Catheter Stabilization Devices Market Detailed Overview, Scope, Trends and Industry Research Report 2024-2031
The Insight Partners market research Catheter Stabilization Devices Market Size and Share Report | 2031 is now available for purchase. This report offers an exclusive evaluation of a range of business environment factors impacting market participants. The market information included in this report is assimilated and reliant on a few strategies, for example, PESTLE, Porter's Five, SWOT examination, and market dynamics
Catheter Stabilization Devices market is evaluated based on current scenarios and future projections are added keeping the projected period in consideration. This report integrates the valuation of Catheter Stabilization Devices market size for esteem (million USD) and volume (K Units). Research analysts have used top-down, bottom-up, primary, and secondary research approaches to evaluate and approve the Catheter Stabilization Devices market estimation.
Detailed scrutiny of market shares, optional sources, and basic essential sources has been done to integrate only valid facts. This research further reveals strategies to help companies grow in the Catheter Stabilization Devices market.
Key objectives of this research are:
To contemporary market dynamics including drivers, challenges, threats, and opportunities in the Catheter Stabilization Devices market.
To analyze the sum and market estimation of the worldwide Catheter Stabilization Devices market
Based on key facets, market segments are added.
The competitive analysis covers key market players and their business strategies.
To examine the Catheter Stabilization Devices Market for business probable and strategic outlook.
To review the Catheter Stabilization Devices Market size, key regions and countries, end-users, and statistical details.
To offer strategic recommendations based on the latest market developments, and Catheter Stabilization Devices market trends.
Perks of The Insight Partners’ Catheter Stabilization Devices Market Research
Market Trends: Our report reveals developing Catheter Stabilization Devices market trends that are poised to reshape the market preparing businesses with the foresight to retain their competitive edge. This Market research report presents market trends, supply chain analysis, leading participants, and business growth strategies. This research covers technological progress and key developments covering various aspects of the inclusive market. It is valuable market research for existing key players as well as new entrants in the Catheter Stabilization Devices Market. Through inputs derived from experts, this research attempts to guide future investors about market details and potential returns on investment. 
Competitive Landscape: This research reveals key market players, their strategies, and possible areas for differentiation.
Analysts Viewpoint: We have industry-specific experts who add credibility to this report with their exclusive viewpoints based on market understanding and expertise. This report goes further into details of entire business processes and doesn’t restrict to only operational aspects. These insights cover venture economics and include tactics for capital investment, investor funding, and projections of ROIs.  Net income and profit loss financial stats are crucial metrics of this Catheter Stabilization Devices market report. With these meticulous insights companies can reduce their risks and increase the success rate in the coming decade. 
Catheter Stabilization Devices Market Report Coverage:
Report Attributes
Details
Segmental Coverage
Product
Arterial Securement Devices
Central Venous Catheter Securement Devices
Peripheral Securement Devices
Urinary Catheter Securement Devices
Chest Drainage Tube Securement Devices
Other Securement De
Application
Cardiovascular
Respiratory
Urological
Gastric
Radiology
End User
North America
Europe
Asia Pacific
South Central America
and Geography
Regional and Country Coverage
North America (US, Canada, Mexico)
Europe (UK, Germany, France, Russia, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, Australia, Rest of APAC)
South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)
Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)
Market Leaders and Key Company Profiles
Medtronic
BD
3M
B. Braun Melsungen AG
Baxter
Centurion Medical Products
ConvaTec Inc.
Merit Medical Systems
Smiths Group Plc
TIDI Products, LLC
Other key companies 
What all adds up to the credibility of this research?
A comprehensive summary of the contemporary Catheter Stabilization Devices market scenario
Precise estimations on market revenue forecasts and CAGR to rationalize resources
Regional coverage to uncover new markets for business
Rivalry analysis aims to help corporations at a modest edge
Facts-based crystal-clear insights for business success
The research can be customized as per business necessities
Access to PDF, and PPT formats of this research
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.
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lalsingh228-blog · 6 months
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Aneurysm Coiling Market May Set New Growth Story
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Advance Market Analytics added research publication document on Worldwide Aneurysm Coiling Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Aneurysm Coiling market. The study provides valuable market size data for historical (Volume** & Value) from 2018 to 2022 which is estimated and forecasted till 2028*. Some are the key & emerging players that are part of coverage and have being profiled are Johnson and Johnson Services, Inc. (United States), MicroVention, Inc. (United States), Stryker Corporation (United States), Boston Scientific Corporation (United States), Medtronic plc (Ireland), Cardinal Health (United States), MicroPort (China), Cook Medical Incorporated (United States), B. Braun (Germany), Integra LifeSciences (United States). Get free access to Sample Report in PDF Version along with Graphs and Figures @ https://www.advancemarketanalytics.com/sample-report/169381-global-aneurysm-coiling-market
An aneurysm coil is a device inserted via a catheter to fill in a brain aneurysm a bulge in a blood vessel. Aneurysm coiling induces clotting (embolization) of the aneurysm and, in this way, prevents blood from getting into it. Aneurysm coiling prevents rupture that closes off the blood flow into the aneurysm by packing it tightly with detachable platinum coils. The factors such as Increased Prevalence of Cerebrovascular Disorders, Increased Adoption of Minimally Invasive Surgeries and Development of New Diagnostic Centres and Hospitals in Developing Countries are the key drivers for the global Aneurysm Coiling market. In addition, Rise in the Number of Surgeries Performed Worldwide also fueling the market growth. However, Complications Associated with Aneurysm Coiling may hamper the market growth.
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Aneurysm Coiling Market various segments and emerging territory. Influencing Market Trend
Rise in the Number of Surgeries Performed Worldwide
Market Drivers
Increased Prevalence of Cerebrovascular Disorders
Increased Adoption of Minimally Invasive Surgeries
Development of New Diagnostic Centres and Hospitals in Developing Countries
Opportunities:
Increasing Number of Target Patient Population
Growth in the Healthcare Industry Worldwide
Increasing Incidence of Intracranial Aneurysms
Challenges:
Lack of Skilled Surgeons
Have Any Questions Regarding Global Aneurysm Coiling Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/169381-global-aneurysm-coiling-market Analysis by Type (Surgical Clipping, Endovascular Coiling, Flow Diverters, Others), Application (Hospitals, Ambulatory Surgical Centres)
Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
• % Market Share, Segment Revenue, Swot Analysis for each profiled company [Johnson and Johnson Services, Inc. (United States), MicroVention, Inc. (United States), Stryker Corporation (United States), Boston Scientific Corporation (United States), Medtronic plc (Ireland), Cardinal Health (United States), MicroPort (China), Cook Medical Incorporated (United States), B. Braun (Germany), Integra LifeSciences (United States)]
• Business overview and Product/Service classification
• Product/Service Matrix [Players by Product/Service comparative analysis]
• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
• Consumption, Capacity & Production by Players The regional analysis of Global Aneurysm Coiling Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028. Table of Content Chapter One: Industry Overview Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis Chapter Three: Production Market Analysis Chapter Four: Sales Market Analysis Chapter Five: Consumption Market Analysis Chapter Six: Production, Sales and Consumption Market Comparison Analysis Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis Chapter Eight: Competition Analysis by Players Chapter Nine: Marketing Channel Analysis Chapter Ten: New Project Investment Feasibility Analysis Chapter Eleven: Manufacturing Cost Analysis Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/169381-global-aneurysm-coiling-market Highlights of the Report • The future prospects of the global Aneurysm Coiling market during the forecast period 2023-2028 are given in the report. • The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report. • The emerging technologies that are driving the growth of the market are highlighted in the report. • The market value of the segments that are leading the market and the sub-segments are mentioned in the report. • The report studies the leading manufacturers and other players entering the global Aneurysm Coiling market. Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia. Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 [email protected]
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omkarpatel · 8 months
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Butterfly Needles are Estimated to Witness High Growth Owing to Rising Prevalence of Chronic Diseases
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Butterfly needles, also known as winged infusion needles, are specially designed intravenous (IV) insertion needles that have small plastic "wings" mounted on the shaft of the needle hub. These wings prevent accidental needle sticks and help secure and properly position the needle during venous access. Butterfly needles are commonly used for venipuncture, especially for blood specimen collection or IV access. They minimize procedure time and discomfort for patients by preventing multiple needle sticks. The global butterfly needles market is estimated to be valued at US$ 2.16 Bn in 2024 and is expected to exhibit a CAGR of 8.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The rising prevalence of chronic diseases is estimated to drive the growth of the butterfly needles market. Chronic diseases such as cancer, cardiovascular diseases, diabetes, and respiratory diseases have significant impacts on morbidity, mortality as well as healthcare expenditures worldwide. For instance, according to the World Health Organization (WHO), chronic diseases are estimated to account for approximately 60% of all deaths globally. Treatment of chronic diseases often requires multiple venipuncture procedures and intravenous therapies over long periods. This is expected to increase the demand for butterfly needles as they minimize discomfort to patients during such repeated needle insertion procedures. Thus, the growing burden of chronic diseases is anticipated to create lucrative opportunities for the butterfly needles market over the forecast period. Porter's Analysis Threat of new entrants: The butterfly needles market has moderate threat of new entrants due to high capital requirements for manufacturing and distribution infrastructure. However, new innovative offerings may appeal to customers. Bargaining power of buyers: Buyers have moderate bargaining power in this market due to availability of substitutes like intravenous catheters. However, brand loyalty and low switching costs keep buyer power in check. Bargaining power of suppliers: A few major players dominate the supply side, giving them significant power over buyers. However, availability of alternative raw material sources prevents excessive exploitation. Threat of new substitutes: Substitutes like intravenous catheters pose moderate threat. However, ease of use makes butterfly needles irreplaceable for many small-scale procedures. Competitive rivalry: The market sees close competition between major players to gain market share through innovative product expansions. SWOT Analysis Strengths: High patient compliance due to compact size and painless insertion. Training for usage is also easier compared to other access devices. Weaknesses: Requires trained healthcare professionals for application. Improper sterility measures can introduce infections. Opportunities: Growing prevalence of chronic diseases will boost demand. Untapped developing markets have considerable potential. Threats: Stringent regulatory approvals delay product launches. Supply chain disruptions due to pandemic affect availability. Key Takeaways The global Butterfly Needles market is expected to witness high growth over the forecast period of 2023 to 2030. The market size for 2024 is projected to reach US$ 2.16 Bn registering a CAGR of 8.7%. Regional analysis indicates North America will continue dominating the butterfly needles market, driven by advanced healthcare infrastructure and high awareness. Asia Pacific is poised to grow at the fastest pace due to rising medical tourism and improvements in healthcare systems across Asian countries. Key players operating in the butterfly needles market are Alshifa Medical Syringes, Asahi Kasei Medical, Cardinal Health, Medicina, Medline Industries, Narang Medical, pfm medical, Retractable Technologies, and Winnomed. Most players are focusing on expanding their product portfolios through innovative technologies to capture larger shares.
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pavanpj · 9 months
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"Future-proofing Healthcare: Medical Device Coating Market Size, Share, and Evolutionary Trends"
 The medical device coating market has witnessed significant growth and innovation in recent years, driven by the increasing demand for advanced medical devices and the need for improved functionality, biocompatibility, and durability. Coatings play a vital role in enhancing the performance and safety of medical devices, and the market is expected to continue its upward trajectory. In this article, we will provide an overview of the medical device coating market, along with current industry news and trends.
The global medical device coating market size is likely to be valued at US$ 1.2 Bn by 2021-end, with an anticipated CAGR of 7.2% across the 2021-2031 assessment period, with sales of hydrophilic coatings expected to be maximum at US$ 2 Bn. Overall, the market is slated to reach US$ 2.4 Bn by 2031.
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Market Overview:
The global medical device coating market has been steadily expanding, and it is expected to reach new heights in the coming years. Coatings are applied to a wide range of medical devices, including implants, catheters, surgical instruments, and diagnostic equipment, to improve their performance, biocompatibility, and longevity. These coatings can offer benefits such as reduced friction, anti-microbial properties, and enhanced corrosion resistance. The market is segmented based on the type of coating material, which includes polymers, metals, ceramics, and hydrophilic coatings, among others.
One of the key drivers for the growth of the medical device coating market is the increasing aging population worldwide. As the elderly population continues to grow, there is a higher demand for medical devices and procedures, which, in turn, drives the need for advanced coatings to ensure safety and effectiveness. Additionally, technological advancements in the field of medical device coatings have enabled the development of innovative solutions that address various medical challenges.
Competitive Landscape
In the coming decade, manufacturers in the coatings for medical devices market will primarily focus on strategic acquisitions, collaborations, and product launches.
In September 2021, Hydromer Inc. announced that its new facility in North Carolina is fully operational, with extensive new capabilities. Being a global super-specialty coatings for medical and industrial applications manufacturer, the facility will produce coatings which can be heat or UV cured, in solvent and water based versions
Likewise, in the same month, Biocoat Inc. announced the expansion of its on-site ISO-certified, full-service contract coating service unit to include the ability to cure via UV light and plasma treat interventional medical devices. It has additionally announced the introduction of plasma treatment services for difficult to coat substances
 Key Companies Profiled
AdvanSource Biomaterials Corporation
AeonClad Coatings LLC
Allvivo Vascular Inc.
Armology of Connecticut Inc.
AST Products Inc.
Biocoat Inc.
Carmeda AB
Covalon Technologies Ltd.
Hemoteq AG
Hydromer Inc.
Materion Corp.
Royal DSM N.V (DSM Corporation)
Industry News and Trends:
Nano-Coatings for Enhanced Performance: Nanotechnology is playing a crucial role in the development of advanced medical device coatings. Nanocoatings offer superior properties, such as improved adhesion, reduced wear, and better biocompatibility. These coatings are used to enhance the performance of medical devices like stents and orthopedic implants. The market is witnessing increased investment in research and development for nano-coating technologies.
Anti-Microbial Coatings: In light of the recent emphasis on infection control, anti-microbial coatings have gained significant traction. These coatings are designed to inhibit the growth of bacteria and other pathogens on medical devices, reducing the risk of healthcare-associated infections. Hospitals and healthcare facilities are increasingly adopting anti-microbial coated devices to ensure patient safety.
Hydrophilic Coatings: Hydrophilic coatings, which are known for their water-attracting properties, are becoming more prevalent in the medical device industry. These coatings are used on devices like catheters and guidewires to reduce friction and improve ease of insertion, ultimately enhancing patient comfort and minimizing tissue damage. The demand for hydrophilic coatings is expected to rise as procedural efficiency becomes a priority.
Biodegradable Coatings: Environmental concerns and the need for sustainable medical device solutions have led to the development of biodegradable coatings. These coatings gradually degrade within the body, eliminating the need for additional device removal surgeries. Biodegradable coatings are especially relevant in cardiovascular and orthopedic applications.
Key Segments Covered
By Type
Anti-Microbial Coatings for Medical Devices
Drug-Eluting Coatings for Medical Devices
Hydrophilic Coatings for Medical Devices
Other Types of Coatings for Medical Devices
By Application
Coatings for Cardiovascular Devices
Coatings for Orthopedic Devices
Coatings for Neurology Devices
Coatings for Gynecology Devices
Coatings for Other Applications
By Region
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa
The medical device coating market is witnessing rapid growth and innovation, driven by the need for improved device performance, biocompatibility, and durability. The adoption of advanced coatings, including nano-coatings, anti-microbial coatings, and hydrophilic coatings, is on the rise, as is the exploration of biodegradable solutions. Regulatory compliance, quality assurance, and international collaborations are crucial for the success of coating manufacturers in this highly regulated industry. As the healthcare industry evolves and emerging markets offer new opportunities, the medical device coating market is poised for further expansion and development. However, challenges such as adhesion and cost-effectiveness remain, prompting ongoing research and innovation in the field.
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marketreports123 · 11 months
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Intravenous IV Therapy and Vein Access Market Size, Share, Industry Trends, Forecast and Growth Prospective 2023-2027 
The worldwide market for intravenous IV therapy and vein access is anticipated to witness an expansion of USD 6,789.1 million, with a Compound Annual Growth Rate (CAGR) of 5.01% projected between the years 2022 and 2027. 
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The Intravenous IV Therapy and Vein Access Market play a crucial role in the healthcare industry by providing essential tools and technologies for administering fluids, medications, and other treatments directly into a patient's bloodstream. In this comprehensive analysis, we will explore the dynamics, trends, key players, and future prospects of the IV therapy and vein access market. 
Market Overview 
The Intravenous IV Therapy and Vein Access Market is experiencing significant growth, driven by several key factors: 
Medical Advancements: Continuous medical advancements and innovations in vein access devices and IV therapy techniques contribute to market growth. 
Aging Population: The global aging population leads to an increased demand for healthcare services, including intravenous treatments. 
Chronic Diseases: The rising prevalence of chronic diseases, such as cancer and diabetes, requires regular IV therapy and vein access. 
Emergency Medicine: The need for quick and efficient vein access is crucial in emergency medicine and trauma care. 
Market Segmentation 
To gain a deeper understanding of the IV Therapy and Vein Access Market, it can be divided into several segments: 
Device Types: This includes IV catheters, infusion pumps, needleless connectors, and more. 
End-Use Sectors: Different healthcare sectors, such as hospitals, clinics, and home healthcare, require vein access and IV therapy solutions. 
Geographical Regions: Market trends may vary by region, with North America, Europe, Asia-Pacific, and other regions exhibiting distinct practices. 
Key Players: Various companies specialize in manufacturing and supplying IV therapy and vein access devices. 
Key Market Players 
Several companies and manufacturers have established themselves as leaders in the IV Therapy and Vein Access Market: 
Becton, Dickinson and Company: A global leader in providing vein access devices, IV catheters, and related technologies. 
B. Braun Melsungen AG: Known for its comprehensive portfolio of IV therapy and vein access products. 
Fresenius Kabi: Offers a wide range of infusion therapy products, including infusion pumps and solutions. 
Terumo Corporation: Specializes in vascular access devices and other medical equipment. 
Market Trends 
Understanding current market trends is crucial for stakeholders in the IV Therapy and Vein Access Market: 
Safety and Infection Control: Emphasis on safety features to prevent infections and complications during IV therapy. 
Home Healthcare: The growth of home healthcare services increases the demand for portable IV therapy devices. 
Technological Integration: Integration of digital and smart technologies in infusion pumps and catheters for improved patient care. 
Sustainable Solutions: Development of eco-friendly materials and practices in IV therapy and vein access devices. 
Future Prospects 
The IV Therapy and Vein Access Market's future holds several promising opportunities: 
Personalized Medicine: Advancements in precision medicine lead to customized IV therapy solutions based on individual patient needs. 
Telemedicine Integration: The incorporation of vein access and IV therapy into telemedicine services for remote patient care. 
Emerging Markets: Market expansion in developing regions, driven by better healthcare infrastructure and accessibility. 
Advanced Materials: The use of advanced materials to create safer and more efficient vein access devices. 
In conclusion, the Intravenous IV Therapy and Vein Access Market are pivotal components of the healthcare industry, ensuring patients receive essential treatments effectively. With ongoing medical advancements, increased demand for healthcare services, and a focus on patient safety, this market is poised for continued growth and innovation in the coming years. 
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About Technavio 
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. 
Contacts 
Technavio Research  Jesse Maida  Media & Marketing Executive  US: +1 844 364 1100  UK: +44 203 893 3200  Email: [email protected]  Website: www.technavio.com 
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nitasonwane · 1 year
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Heart Valves Market Size, Share, Growth and Demand
The global Heart Valves Market refers to the market for medical devices used to replace or repair damaged or diseased heart valves. Heart valves play a crucial role in ensuring the unidirectional flow of blood through the heart. When these valves become damaged or diseased (a condition known as valvular heart disease), they may need to be repaired or replaced through surgical or minimally invasive procedures.
The market encompasses a range of products and technologies designed to address these conditions. These include:
Mechanical Heart Valves: These are typically made of metal and have a long lifespan, but they require patients to take anticoagulant medications for life to prevent blood clots from forming on the valve.
Biological or Tissue Heart Valves: These valves are typically made from animal tissue, such as porcine (pig) or bovine (cow) tissue, or from human tissue. They do not require lifelong anticoagulation but have a limited lifespan.
Transcatheter Heart Valves: These are minimally invasive alternatives to traditional open-heart surgery. They are implanted via catheters, often without the need for a full surgical incision.
Surgical Heart Valves: These valves are implanted through open-heart surgery and can be either mechanical or biological.
Global Heart Valves Market Research Objectives:
To understand the global Heart Valves Market based on various segmentation, competitive players, regions, and market dynamics.
To study the entire overview of the global market for Heart Valves Market.
Focus on the global market with respect to market share, size, and future trends.
Reviewing the Heart Valves Market growth factors, future scopes, and recent developments.
Exploration of major development status such as market growths, new product launches, and acquisitions.
Questions Addressed in the Heart Valves Market Report:
What are the demanding factors driving this global Heart Valves Market?
Which are the key players and competitors?
What is the expected market size of the global Heart Valves Market?
Which are the future trends of the market?
What are the challenges, opportunities, and future perspectives of the global Medical Electrodes Industry?
What are the factors likely to expand the business structure and economic outcomes?
Regional Overview
The worldwide Heart Valves Market has been categorized based on geography, with North America, Europe, Asia Pacific, Latin America, and Middle East and Africa being the key regions. These regions have been further segmented into countries and sub-regions.
Those various countries focused in this market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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report-1 · 1 year
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Global Chest Drainage Catheters Market Growth, Trend, and Prospects from 2023–2030
Global Chest Drainage Catheters Market Growth,
The Chest Drainage Catheters Market is expected to grow from USD 2.50 Billion in 2022 to USD 3.60 Billion by 2030, at a CAGR of 4.80% during the forecast period.
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Global Chest Drainage Catheters Market Size
Chest Drainage Catheters are medical devices used to remove air, blood or other fluids that collect in the pleural cavity, a space between the chest wall and lungs. The global market research report on Chest Drainage Catheters includes market segmentation by type (Regular Chest Drainage Catheters, Thoracentesis Catheters, Others), application (Clinics, Hospitals, Others), and region (North America, Asia Pacific, Middle East, Africa, Australia, and Europe). The major market players are Medtronic plc, Maquet Holding B.V. & Co. KG, Terumo Corporation, Teleflex Incorporated, Cook Medical Incorporated, Rocket Medical Plc, Sorin S.p.A. (Inactive), Smiths Medical, Medline, and Mediplus India. Regulatory and legal factors specific to market conditions include product registration and approval by regulatory agencies, adherence to quality and safety guidelines, and pricing policies set by authorities. These factors influence the demand and supply dynamics of the Chest Drainage Catheters market.
Global Chest Drainage Catheters Market Key Players
Mazor Key Player is listed in the Global Chest Drainage Catheters
Medtronic plc
Maquet Holding B.V. & Co. KG
Terumo Corporation
Teleflex Incorporated
Cook Medical Incorporated
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Global Chest Drainage Catheters Market Segment Analysis
The Chest Drainage Catheters market caters to the healthcare industry for providing necessary medical devices used for draining fluids from the chest cavity. The main factors driving the revenue growth of the market include the increasing incidence of thoracic diseases, growing awareness among patients, and the surge in the geriatric population. Moreover, the rise in the number of surgeries and the adoption of innovative technologies in the healthcare sector is also contributing significantly to the market growth.
The latest trends followed by the Chest Drainage Catheters market include a shift towards disposable devices due to concerns regarding infection control, and the introduction of new materials to reduce the risk of complications. In addition, various initiatives are being taken by healthcare organizations and governments worldwide to improve patient outcomes and promote the usage of effective medical devices, which is further driving the demand for Chest Drainage Catheters.
However, the Chest Drainage Catheters market also faces major challenges such as the high cost associated with these devices, lack of awareness among healthcare professionals, and the risk of complications associated with their usage. Additionally, the availability of alternative treatment options and the limited reimbursement policies are limiting the market growth.
Overall, the report’s main findings suggest that the Chest Drainage Catheters market is expected to experience significant growth in the coming years due to the rising incidence of thoracic diseases and the growing adoption of innovative technologies. The report recommends developing cost-effective devices, enhancing awareness among healthcare professionals, and improving healthcare infrastructure to overcome the existing challenges and boost market growth.
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Global Chest Drainage Catheters Market (by Application)
Clinics
Hospitals
Others
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