Friday, May 29, 2020

Computed Radiography (CR) Equipment Market Set for Rapid Growth and Trend, by 2019

Computed radiography (CR) is an imaging technique that uses electromagnetic radiation such as X-rays. Computed radiography is a computer aided technique that uses irradiation process to produce three dimensional representations of scanned objects internally or externally. Computed radiography equipment is used in various applications such as medical facilities and industrial purpose. CR equipment comprises imaging plate that is made up of photostimulable phosphor. This plate is placed under body parts and then is exposed to electromagnetic irradiation such as X-ray. In addition, digital image can be enhanced in terms of brightness, filtration, contrast and zoom, by using variety of software applications.
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The market of computed radiography (CR) equipment is witnessing positive growth owing to emergence of novel digital imaging modalities by various key players. In addition, introduction of new equipment by various key players will drive the market growth. For example, Jones X-Ray, Inc. offers Vita LE CR System. This system is comparatively light weighted and designed specifically for small space environments. In addition, Konica Minolta, Inc. offers variety of computed radiography models like REGIUS Σâ…¡, REGIUS MODEL 210, REGIUS MODEL 190 and REGIUS MODEL 370. Thus, introduction of new products will increase the uptake of computed radiography equipment and hence supports the market growth. In addition, computed radiography reduces the time for imaging and optimize image quality which will further increase the acceptance of CR equipment and hence drives the market growth.
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Advancement in technologies in computed radiography equipment will drive the market growth. For example, Phillips Healthcare introduced PCR Eleva CosimaX. This equipment allows throughput up to 165 plates per hour. Additionally, this equipment is an ideal option for variety of applications such as intensive care units, pediatrics, mammography and others. However, high cost of the equipment will restrain the market growth of computed radiography equipment.
Geographically, North America dominates the global computed radiography equipment market due to increasing adoption of computed radiography equipment coupled with technological advancements. In addition, many key players like Fujifilm Corporation and Siemens Healthcare have strong presence in the North American market. This factor would help North American market to develop consistently owing to incessant launch of novel computed radiography equipment by these key players. Europe is considered as the second largest market of computed radiography equipment. The growth is mainly attributed to introduction of novel computed radiography equipment by domiciled key players coupled with increasing utilization of CR equipment by medical facilities.
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For example, GE Healthcare is a major key player in Europe and has introduced CRFlex Computed Radiography Scanner that features with GE sensing and inspection technologies. In addition, this equipment also offers more flexibility, dynamic range and ease of use as compared to conventional scanners. In addition, Asia-Pacific countries such as India, China and South-East Asia are the emerging regions for the global computed radiography equipment due to economic growth and increasing attention of Asia-Pacific government for the development of healthcare infrastructure. Additionally, countries like India and China are focusing on investing in advanced and new medical imaging equipment. Thus, this factor may eventually stimulate the market growth of computed radiography equipment.
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Some of the major players competing in the global computed radiography equipment market are Siemens Healthcare, Jones X-Ray, Inc., Konica Minolta, Inc., GE Healthcare, EuroTeck Systems Ltd., Multi Imager Service, Inc., All Star X-ray, Inc., Fujifilm Corporation, Desert Health Imaging Technologies, LLC, Phillips Healthcare and others.
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Surgical Kits Market to Set Phenomenal Growth by 2025

Owing to a rising geriatric population, the surgical kits market is set to chart impressive growth. Between, 2017 and 2025, the market will attain USD 38.03 billion worth, as per a Transparency Market Research study.
The geriatric population is rising at a dizzying pace and as per a recent study - it is believed that by 2050, one in six people in the world will fall into the age bracket of 65 and over. And, those in the age group of 60 and over, the number would touch the 2 million mark. It is interesting to note the rise is significant from the 900 million the community population was pegged at in 2015.
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A year back in 2018, history was created in terms of demographics as for the first time. It is in this year that number of children was less than the number of geriatrics. And, as old people are susceptible to infections and chronic diseases that might require surgery, the global surgical kits market will see growth over the forecast period.
North America to Maintain a Dominant Position over the Forecast Period
Factors such as technological advancement and a robust healthcare infrastructure and reimpbursement framework are supporting North American dominance over the global surgical kits market. Besides, the region, along with North America is set to witness a rapidly ageing population that will lead to a ratio of people aged 65 and above to the rest of the population to a 1:4. This is leading to demand for surgical kits in both ASCs (Ambulatory Surgical Centers) and Hospitals. Besides, a rise in popularity of minimally invasive surgeries is driving the demand for surgical kits up significantly.
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As awareness levels increase, in tandem with disposable incomes, Asia Pacific (APAC) will also show a tremendous growth chart. This growth will also be attributable to a large consumer base and government initiatives aimed at improving healthcare outcomes. The population in some of the economies like Japan is ageing at a notable pace but the effect will be temporary.
Global Surgical Kits Market Landscape to be Slightly Fragmented
The landscape is fragmented and key players flanking the market include Kimberley-Clark Corp., Medline Industries Inc, Cardinal Health, Paul Hartmann AG, Hogy Medical, 3M Co., Medica Europe BV, OneMed, and Stradis Healthcare. The determinants of which of the players player gains a competitive edge are the innovation and use of technology behind products. Other core strategies that the players resort to, in order to make the most of the market growth, are strategic collaborations and partnerships. These are particularly useful when market penetration is to be made deeper or know how is to be combined.
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Angiography Devices Market Outlook, Trend, Growth and Share Estimation Analysis

The global market for angiography devices is highly competitive in nature with a large number of players operating in it across the globe, states a new research report published by Transparency Market Research. The expansion of the product portfolio and the rising research and development activities are the key factors that are projected to enhance the growth of the level of competition in the next few years. Some of the key players operating in the angiography devices market across the globe are AngioDynamics, Medtronic Inc., GE Healthcare, Merit Medical Systems, Siemens Healthcare, Shimadzu Corporation, Koninklijke Philips N.V., Boston Scientific Corporation, Canon Medical Systems Corporation, and Cordis Corporation. Furthermore, the rapid development of the healthcare systems and the innovations in this field are some of the other major factors that are projected to encourage the growth of the overall market throughout the forecast period.
According to the market research study by Transparency Market Research, the global market for angiography devices is estimated to reach a value of US$33,370.3 mn by the end of 2025. The market is likely to register a healthy 4.30% CAGR between 2017 and 2025.
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Presence of Key Players to Drive Angiography Devices Market in North America
The global market for angiography devices has been classified on the basis of geography into the Middle East and Africa, North America, Latin America, Europe, and Asia Pacific. In the last few years, North America accounted for a large share of the market and is estimated to remain in the similar position in the next few years. The presence of several leading players and the advanced healthcare facilities are the key factors that are projected to accelerate the growth of the North America in the next few years. On the other hand, Asia Pacific is predicted to register a healthy growth rate in the coming few years. The rising consumer awareness and the increasing disposable income are projected to accelerate the growth of this region in the near future.
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The global angiography devices market has been bifurcated on the basis of technology into CT, X-ray, MRI, and others. The X-ray segment is projected to experience a healthy growth rate in the next few years and is likely to remain in the leading position in the near future. The rising demand for flat-panel digital detectors is one of the key factors predicted to enhance the growth of the X-ray segment throughout the forecast period. On the other hand, the MRI and CT segments are anticipated to witness a healthy growth, thanks to their non-invasive nature of performing the angiography.
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Technological Advancements to Encourage Market Growth
The rise in the aging population and the increasing incidence of CVD are the major factors encouraging the growth of the angiography devices market in the next few years. The rising number of awareness programs and increasing funding activities and the growing focus on technological advancements are some of the key factors that are estimated to accelerate the growth of the overall market throughout the forecast period. On the flip side, the risk of radiation exposure and the limitations in the reimbursement for the angiography procedure are projected to restrict the growth of the market in the near future. Nonetheless, the developing economies hold immense growth potential, which is likely to accelerate the growth of the global angiography devices market in the next few years.
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Sterilization Wrap Market Overview and Regional Outlook Study

The global sterilization wrap market features a competitive landscape in which various players are competing against one another on the basis of advanced products they are offering that come with an array of features, notes Transparency Market Research (TMR). Several players are engaged in developing sterilization wraps with better materials that promise increased bacterial filtration efficiency for a wide range of airborne and waterborne contamination, to consolidate their positions in the market. TMR observes that numerous top players are focusing on launching products that integrate features such as better flame resistance, anti-lint formation, better wear and tear resistance, and increased water repellent capacity, in order to stay ahead of others.
Leading players in the global sterilization wrap market include Cardinal Health, Inc., Halyard Health, Inc., DuPont, Cygnus Medical L.L.C., Robert Busse & Co., Inc., and Dynarex Corporation.
The global sterilization wrap market is anticipated to garner a substantial CAGR of 5.5% from 2017 to 2026. The market is projected to reach a worth of over US$85 million by the end of this period.
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The various sales channels for sterilization wraps are trifurcated into hospital pharmacies, retail pharmacies, and online sales. Of these, the segment of hospital pharmacies is expected to hold the sway throughout the assessment period and is anticipated to reach a valuation of US$40 million by 2026 end.
On the regional front, North America is a potentially lucrative market and is anticipated to rise at a substantially growth rate over 2017–2026. The opportunities in the regional market is expected to cross a worth of US$30 million by the period end. The growth is fueled by burgeoning demand for sterilization wraps across healthcare facilities to combat infections.
Rising Adoption of Effective Infection Control Methods boost Market
The drive for sterilization warps in healthcare facilities stems from the intense need for adopting effective infection control methods world over. Sterilization wraps play a crucial role in ensuring better infection control among patients by providing excellent barrier control against a variety of contamination. This is a key factor underpinning their demand.
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The rising demand for these sterilization wraps among clinicians in various developing and developed regions is a significant factor driving the overall market. This is in part attributed to the stringent implementation of government regulations on control of hospital-acquired infections and the spread of infectious diseases. Moreover, the growing awareness about infectious diseases caused by poor hygiene in hospitals is also bolstering the demand for sterilization wraps.
Advent of High-Performing Products expands Market Potential
The global sterilization wrap market is constantly witnessing growth momentum from the growing number of high-performing products in various parts of the world. The growing uptake of these products is positively influencing the patient outcomes, especially in hospital settings. The advent of products with innovative designs, effective anti-infectants, and advanced materials that cause minimal skin sensitivity is a crucial factor boosting the market. The notably rising expenditure in healthcare facilities in several developing and developed countries, coupled with increasing awareness about hygiene among patients and clinicians, is catalyzing the uptake of sterilization wraps.
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The rise in investment by manufacturers to improve their product features is accelerating innovative product developments. The rising need for such products by healthcare providers is accentuating the market. The substantially rising adoption of such infection control products in developed nations is noteworthy in fueling the market growth.
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Antimicrobial Ingredients Market: Lucrative Opportunities

The antimicrobial ingredients market is expected to register robust growth. The growing safety concerns are expected to drive demand of antimicrobial ingredient laden products into new sectors.
For example, conventionally the growth of antibacterial ingredients market remained limited in the industrial sector at large in healthcare.
However, with the availability of hand-held sprays, antimicrobial products can be widely seen in homes for countertops, used to disinfect children’s toys, used in shopping malls for grocery carts, among others. The antimicrobial ingredients market is also expected to gain more traction in the near future as safeguards against pets, people, and other living things continues to become more important.
Key Trends in the Antimicrobial Ingredients Market
  • Antimicrobial ingredients are expected to rise in demand in the cosmetic sector. Cosmetic sector is undergoing immense pressure to bring in healthy ingredients, thanks to growing public awareness. The rise of social media has fuelled a drive for healthy cosmetics which is expected to continue in the near future. Additionally, antimicrobial ingredients like lactic acid, acetic acid, citric acid, and their salts are proven to reduce fatigue and promote freshness. These qualities are potentially highly appealing for end-consumers. Moreover, top athlete’s cases like Michael Philip’s case has also improved visibility for antimicrobial ingredients like lactic acid. One of the major challenge in deploying antimicrobial ingredients continues to be natural use of the raw ingredients and marketing of the raw materials for higher profit margins. The rise of social media, and growing demand for cosmetics thanks to trends like social media influencers are expected to drive growth of the growth of the antimicrobial ingredients market.
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  • The dry form of antimicrobial ingredients is expected to dominate growth of the antimicrobial ingredients market. The dry form is expected to account for 66% of the total revenues in the antimicrobial ingredients market. The cost-effectiveness of these products and easier mechanisms of storage, transportation, and packaging are expected to account for higher growth. Due to the relative ease on the manufacturing end, these products also lead to higher profit margins for producers in most cases. However, the liquid antimicrobial ingredients are also expected to register robust growth, thanks to growing demand for these in households and general consumer use.
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  • Antimicrobial ingredients are rising in demand for freshly produced foods, and minimally processed food products. The long distances in transportation, and better storage facilities have encouraged growth of bacteria and contamination in food products. The antimicrobial ingredients market is expected to witness growing demand for retail displays, postharvest transportation, and storage. The demand in the food & beverage sector faces similar challenges as in cosmetic sector. The demand for natural antimicrobial ingredients and new forms of packaging are key challenges in this sector. For example, innovative means of packaging like antimicrobial sachets deployment inside packaging, edible coatings, and packaging films are increasingly in use. However, further improvements in natural compounds and better packaging solutions to improve shelf life, storage, and produce present a lucrative opportunity. The rising demand for fast-foods, growing requirement to transport food produce over long distances, and rising cases of food contamination are expected to drive more growth for the antimicrobial ingredients market.
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A Region in Focus
  • Latin America
The global antimicrobial ingredients market is expected to witness highest growth in Latin America by 2030. It is estimated that over 30% of total revenues in the global market will be generated in Latin America.
The easy availability of raw materials, increasingly large scale commercial production, and growing demand for food products are expected to drive growth.
Low costs of labor are also expected to play an important role in the growth of the antimicrobial ingredients market in Latin America.
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Bovine Blood Plasma Derivatives Market - Competitive Landscape and Key Product Segments

Development in the healthcare sector has also been of the key focus in North American region. A similar growth and development is seen in the bovine blood plasma derivatives market that made North America a leading region.
Presence of key players that are making constant efforts through research and development activities in this region is the major reason for the growth of this region in the global bovine blood plasma derivatives market. Apart from investment made in R&D, leading players are also establishing relationship by initiating mergers and acquisition with other companies mainly to extend their geographical presence.
On the other hand, Asia Pacific is also expected to offer lucrative growth opportunities for the stakeholder in the global bovine blood plasma derivatives market. Rising initiative taken by governments in different regions is giving approvals to export products such as serum and cattle protein is considered as key factor behind Asia Pacific bovine blood plasma derivatives market growth.
Demand for bovine blood plasma derivatives is high in India, China, and from countries in Southeast Asia that made this region a key market.
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Besides, geographical growth of the global bovine blood plasma derivatives market, the revenue generation in this market is also expected to rise significantly in the coming years.
Based on the Transparency Market Research on the global bovine blood plasma derivatives market, revenue generation is expected to reach US$2.19 billion by the end of 2025. This figure is substantially high that the revenue earned in 2016 that is US$1.33 billion, thus creating an incremental opportunity of nearly US$ 0.86 billion over the forecast period between 2017 and 2025.
Development of New Drugs through R&D – A Key Strategy Used by Players
Players operating in the global bovine blood plasma derivatives market are focusing on various business development strategies to increase their shareholding in the market. In terms of market structure, this market is fragmented in nature due to the presence of large number of players.
Prominent players analyzed in this report include Rocky Mountain Biologicals Inc., Thermo Fisher Scientific, Inc., Proliant Inc., Auckland BioSciences Ltd., Sigma-Aldrich Co. (Merck KGaA), Bovogen Biologicals Pty Ltd., and Lake Immunogenics, Inc. Besides, the leading players, presence of large number of small players are also seen in the global market.
For example, LAMPIRE Biological Laboratories acquired about 180+ acre corporate dairy farms in Bedford County, Pennsylvania. After this initiative, LAMPIRE Biological Laboratories planned to offer valuable biological raw materials to research and diagnostic companies across the globe.
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Increasing Application of Thrombin Due To High R&D Likely to Benefit Market’s Growth
In terms of derivatives types, the demand for thrombin is comparatively higher than fibrinogen, immunoglobulin, new born calf serum, fetal bovine serum, serum albumin, transferrin, and others including BGG. According to the report, the thrombin segment held larger share in 2017, as compared to other derivatives types.This rise was mainly because of its increasing usage during surgeries and diagnostic purposes.
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Increasing research and development activities including as medical research, in vitro study, protein structure analysis, biochemical, coagulation research has augmented application of thrombin. Moreover, there are high chances of growth of bovine serum albumin in the coming years and stand at the second position by the end of forecast period.
Applications of bovine serum albumin are seen in the drug formulation, food industry, and as a component of media for cell culture. Its use is also seen in the manufacturing several vaccines and in cell culture related work, comprising effective washing of cells and cryopreservation.
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Pediatric Radiology Market Shares, Strategies, and Forecasts Analysis

The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.

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Despite challenges such as training for new pediatricians, the pediatric radiology market is expected to register 7.7% CAGR during 2017-2026. The total evaluation of the market will reach $3.57 bn in 2026. The pediatric radiology devices are expected to register the fastest growth during 2017-2026. This segment is expected to garner a robust 9.5% CAGR during the forecast period.

What is Fuelling Growth of the Pediatric Radiology Market?

In major regions of the pediatric radiology market, healthcare is expected expand to far more patients in the United States. Additionally, chronic illnesses are on the rise among children. According to Pubmed.gov, major illnesses like mental health conditions, asthma, neurodevelopmental disorders, and obesity are on the rise. The growing awareness of these conditions and current debates surrounding healthcare, and subsequent stringent regulations in relation to insurance are expected to expand health coverage to more children in the near future.

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This is expected to be a major boost for the pediatric radiology market in the near future. Additionally, pediatricians are highly in demand in rural areas, wherein lack of quality facilities, and personnel still lags behind its urban counterpart. According to the American academy of Pediatricians, the access to family doctors and rise in technological advancements is expected to fuel growth for pediatricians. Technological advancements like Big data and AI analytics are expected to help parents diagnose critical illnesses early. Additionally, large penetration of handheld devices to monitor health are also expected to be a major boon for the pediatric radiology market.

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Notable Trends in the Pediatric Radiology Market

X-ray pediatric radiology continues to drive growth of the pediatric radiology market. However, this demand is expected to reach its peak in the first half of forecast period of 2027-2026. In the second half of the forecast period, ultrasound pediatric radiology is expected to gain immense traction in the pediatric radiology market. This major shift in dynamics is likely to occur thanks to the increased awareness of neurodevelopmental disorders. While the awareness of these disorders like Autism was high earlier, its prediction was complicated due to the complexity of its strong association with genetics. The growing research in the field thanks to Big data is expected to make it easier to predict and recommend screening for a wide variety of neurological disorders. According to TMR estimates, over 40% of revenues in the pediatric radiology market will be generated from ultrasound devices and systems by 2026 end.
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Exocrine Pancreatic Insufficiency (EPI) Therapeutics and Diagnostics Market : Business Overview and Global Development Trends

Exocrine Pancreatic Insufficiency (EPI) therapeutics and diagnostics market is expected to register robust growth during 2017-2025. The market is expected to garner 7.2% CAGR during this period. It is projected to reach a valuation of US$6,414.4 mn by 2025. Its valuation in 2016 stood at US$3,397.5 mn.

So What's Driving the Projected Growth?

Rising cases of diabetes are expected to fuel growth of the EPI therapeutics and diagnostics market. According to the latest report by the American Diabetes Association, the total population of diabetics around the world is expected to reach 366 mn by 2030. According to Global diabetes community in the UK, 25% to 50% of insulin dependent diabetics developed EPI at a later stage. Diabetes also shares a strong correlation with cystic fibrosis. The rise in technological advancements like big data are expected to propel diagnosis of cystic fibrosis. It is estimated that nearly 90% of the patients with cystic fibrosis develop EPI. The rising cases of diabetes, the increasingly sedentary lifestyle, and worsening environmental conditions are expected to drive growth of the EPI therapeutics and diagnostics market in the near future.

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Trends to Keep an Eye On

The conventional diagnostic methods in the EPI therapeutics and diagnostics market include blood tests, MRI, and CT scanning. Among these, the CT scans continue to hold the dominant share of the market thanks to their widespread availability, and cost-effectiveness. However, the diagnostic method experiences sluggish growth across various regions due to technological innovation and more accurate diagnostics.
On the other hand, MRI or Magnetic Resonance Imaging is expected to register the fastest growth in the EPI therapeutics and diagnostics market. These diagnostics methods are far more sensitive in diagnostics as compared to convention CT scans, and preferred choice for certain diseases. The diagnostics are concerned ideal for chronic pancreatitis, which is expected to be the main driver of growth in the EPI therapeutics and diagnostics market. Hence, the MRI diagnostics are expected to outpace all other forms of diagnostics in the near future.

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Weight loss and nutritional diets present a significant opportunity on the horizon in the EPI therapeutics and diagnostics market. EPI results in weight loss for patients as their body is unable to break down fats and protein required. Additionally, the rise of incidences of chronic diseases like HIV, cancer, and lifestyle choices such as smoking are likely to exacerbate the current crisis in preventive healthcare. Moreover, the widespread demand for weight loss treatments, and growing awareness about nutrition are expected to aid growth of the growth. Hence, the rising demand for healthy nutrition and its awareness are expected to be a major boon for the exocrine pancreatic insufficiency therapeutics and diagnostics market.
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Ligament Stabilizer Market Trends and Growth Factors Analysis

Ligament stabilizers have been playing crucial role in reconstructive surgeries particularly of cruciate ligaments. Rates of anterior cruciate ligament (ACL) injuries, over the past few years, have shown dramatic rise in children and adolescents, imparting a marked momentum to the evolution of the ligament stabilizers market. This momentum has been backed by concomitant research in biomechanical evaluation of various ligamentous stabilizers used for injuries of the spine, shoulders, wrists, feet, and knees in the market. Over the past decade, their understanding of the complex anatomy of injured body parts has also helped them gain a stronghold in the global ligament stabilizer market.

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Medical device manufacturers are focusing on geographic expansion to meet a wide cross-section of demands in the global ligament stabilizer market. Prominent names include Otto Bock Healthcare GmbH, 3M Company, DeRoyal Industries, Inc., BSN Medical GmbH, Bauerfeind AG, DJO Global Inc., and �ssur hf. Several players are evaluating multibody models for new product developments in the market. The global ligament stabilizer market is projected to clock a CAGR of 6% during the period, 2017-2026, and is estimated to reach US$3.5 bn by 2026-end.

Functional Knee Braces Gather Steam, However Acceptance among Athletes Still Low
Among the various types of products in the ligament stabilizer market, functional knee braces and supports have garnered marked popularity in anterior cruciate ligaments (ACL)-injured patients, especially those who suffer with non-contact injuries. Extensive research on improving the isokinetic performance hence the efficacy of these products will catapult their sales in the coming years. Analysts at Transparency Market Research project the sales to account for 40% share among all product types in the ligament stabilizer market. However, their acceptance among athletes is still not significant.

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Meanwhile, the sales of foot and ankle braces and supports have over the past few years have been showing steady rise, serving large part of the demands in the ligament stabilizer market.

Complexity of Multiple-Ligament-Injured Knee Reconstructions boost Market

Among the various regions, the epidemiology of multiligament knee reconstruction has become complicated in the developed markets, notably in North America. The complexity of multiple-ligament-injured knee reconstructions in the U.S. and Canada has been presenting considerable lucrative opportunities to medical device manufacturers in the ligament stabilizers market. Together with domestic sales, the regional market has also seen lucrative revenue potential in swelling exports of ligament stabilizers for multiple knee injuries.

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These factors will help the North America ligament stabilizer market to exceed revenues of US$1 bn by 2026-end. Rising participation of the populations of the region in sports has also propelled the incidence of ACL injuries, thereby bolstering the demands for ligament stabilizers.

On the other hand, Asia Pacific excluding Japan (APEJ) and Europe are witness high uptake of ligament stabilizers. The growth is fueled by rising use of ligament stabilizers in post-surgical applications. Huge rate of technological advances in ligament stabilizers will help these regions to offer a robust framework for novel product developments in the overall ligament stabilizers market. A case in point is the use of isokinetic dynamometry method in improving the outcomes in ACL deficient patients.

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