Tuesday, June 30, 2020

Compression Stockings Market Projected to Witness Vigorous Expansion by 2026

Compression stockings are specially designed hosiery products that help in improving blood flow to the legs, arrest blood clotting, and prevent the progression of a number of venous disorders and conditions. These products are a form of compression garments that are worn in the lower extremities, especially around the legs. The help in compressing the limb. The compression decreases the diameter of swollen veins and boosts the velocity of venous blood flow and valve effectiveness. This form of therapy prevents venous stasis and venous walls impairment, relieves aching and heavy legs, and decreases venous pressure.
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Rise in the number of patients with venous disorders worldwide is a key factor that is driving the growth of the compression stockings market. Venous disorders are chronic conditions that are caused by veins that become abnormal or diseased. They include conditions such as varicose veins, spider veins, leg pain, leg swelling, chronic venous insufficiency, leg ulcers, deep vein thrombosis (DVT), and others. According to the Society for Vascular Medicine, an estimated 30 million people in the U.S. suffer from venous disorders. Around 900,000 individuals are affected by DVT, and an estimated 60,000-100,000 deaths are reported in the country due to DVT every year according to Centers for Disease Control and Prevention (CDC) estimates. Venous disorders are common health issues faced by individuals, but very few seek treatment for these conditions due to lack of awareness as well as high treatment costs. The presence of a large patient pool is expected to offer lucrative growth opportunities for manufacturers of compression products for providing solutions for the management of these conditions.
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An increase in the elderly population is also expected to drive the growth of the market during the forecast period. The severity and high incidence of venous disorders such as varicose veins, chronic venous insufficiency, etc. increases greatly with age. According to the United Nations’ World Population Ageing report, the number of people above the age of 60 years stood at 962 million in 2017, which is anticipated to rise two-fold to reach 2.1 billion by 2050. Rise in the elderly population is anticipated to increase the number of individuals suffering from venous disorders. This, in turn, is expected to drive the demand for compression stockings used in the management of these conditions.
Additionally, new product launches by compressions garment manufacturers is another factor contributing to the growth of the compression stockings market. In December 2016, Sigvaris USA launched a new line of anti-embolism stockings used in the treatment of deep vein thrombosis (DVT). The anti-embolism stockings, which are available in calf-length and thigh-high styles, help in providing the benefits of graduated compression when transitioning from recovery to early rehabilitation following surgery. Rise in new product launches is expected to offer new growth avenues for manufacturers of compression stockings.
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The global compression stockings market can be segmented based on product, condition, distribution channel, and geography. In terms of product, the compression stockings market can be divided into knee high compression stockings, thigh high compression stockings, and pantyhose compression stockings. Based on condition, the market can be classified into venous disorders, lymphedema, sports-related injuries, and others. In terms of distribution channel, the compression stockings market can be divided into online specialty stores, hospital pharmacies & clinics, retail stores, and others.
In terms of geography, the global compression stockings market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global compression stockings market, owing to ongoing efforts by government and non-government organizations for creating awareness about conditions such as venous disorders, lymphedema, etc.. North America is followed by Europe and Asia Pacific. Increase in the aging population and rise in the incidence of venous disorders among the population in Asia Pacific are likely to fuel the market during the forecast period.
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Prominent players operating in the global compression stockings market are BSN medical, Design Veronique, Julius Zorn GmbH, Marena Group, medi GmbH & Co. KG, Medico International Inc., and Sigvaris Management AG..
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Neurovascular Devices Market to Record an Exponential CAGR by 2026

Global Neurovascular Devices Market: Overview

The global population is aging rapidly. According to WHO, the chances of health risks are greater in geriatric people than the young generation. Old age is considered to be one of the biggest risk factors that are responsible for developing various diseases such as cardiovascular and neurological conditions. It is because of these factors, the global neurovascular devices market is experiencing robust growth in the forecast period of 2018 to 2026. Moreover, various favorable government regulations such as Family Smoking Prevention and Tobacco Control Act, that allows FDA with the power to control production, marketing and use of tobacco products, are another factors that are promoting the growth of global neurovascular devices market over the period of time.
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Transparency Market Research provides a consolidated report on global neurovascular devices market. It encapsulates the various facets that can be insightful for the players who are willing to step in and grow in the market. The report enlightens developments, opportunities, challenges and key drivers that are responsible for the growth of the global neurovascular devices market during the forecast period.

Global Neurovascular Devices Market: Notable Development

The consolidated global neurovascular devices market is influenced by the activities of players such as Stryker Corporation, Johnson & Johnson, Penumbra, Inc. Abbott Laboratories, and Merit Medical Systems, Inc. These players are adopting strategies such as mergers, partnerships, and collaborations in order to acquire a competitive edge over their rivals in the global neurovascular devices market.
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Some of the notable development of the market are as follows;

  • In December 2016, Codman Neuro, Johnson & Johnson subsidiary took over Pulsar Vascular Inc. The acquisition was aimed at enhancing the product portfolio of the company for hemorrhagic and ischemic stroke.
  • Terumo Corporation, Abbott Laboratories and St. Jude Medical Inc. signed an agreement in December 2016. According to the agreement, Terumo Corporation acquired St. Jude Medical’s Angio-Seal and FermoSeal Vascular closure product line along with Abbott’s Vado Steerable Sheath. With this agreement, the acquirer enhanced its portfolio in minimal invasive site management. It also strengthened the company’s visibility in U.S. neurovascular devices market.
  • July 2016, marked the launch of ACE 68 Reperfusion Catheter by Penumbra, Inc. The product was launched for acute ischemic stroke treatment. The device includes the latest technologies that are designed to deliver aspiration power to its full strength so as to extract thrombus in acute ischemic stroke.
These are the development that is influencing other players of global neurovascular devices market to invest heavily in research and development in order to compete with their rivals.
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Global Neurovascular Devices Market: Key Drivers

With the launch of new and technologically advanced miniaturized neurovascular devices, the global neurovascular devices market is witnessing robust growth in the forecast period. Also, the commercialization of effective, easy-to-use, and technologically advanced neurovascular devices are influencing the growth of global neurovascular devices market in recent duration. Various developments in terms of technology, effectiveness, accuracy, and reduction in risk of traumas are one of the key factors that are promoting the growth of global neurovascular devices market.
Moreover, various government bodies across multiple countries are proactively recognizing the benefits of neurosurgical and interventional neurology products. They are heavily accepting and acknowledging devices such as stents, coils, and flow diverters to offer better neurosurgical solutions to the people of their respective countries. Owing to these reasons, the global neurovascular devices market is expected to witness robust growth in the forecast period of 2018 to 2026.

Global Neurovascular Devices Market: Regional Analysis

North America is accounted for the highest growth in the global neurovascular devices market during the forecast period. The growth of the region is attributed to the favorable reimbursement structure, especially in U.S. and extensive research and development investments along with a variety of product launches by neurosurgeons. Finally, the availability of various advanced technology to improve the efficiency and reliability of neurovascular devices is also a major factor for North America to lead other regions of global neurovascular devices market in the forecast period.
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Sleep Testing Services Market to Perceive Substantial Growth by the End 2026

Global Sleep Testing Services Market: Overview
The global sleep testing services market is expected to witness a significant growth in the market due to the rising occurrences of sleep disorders all around the world. People all around are adopting the sleep testing services and this is anticipated as a major factor to drive the growth of the market. Also known as polysomnography, sleep study is basically used to diagnose different types of sleep disorder conditions like periodic limb movement disorder, narcolepsy, unexplained chronic insomnia, and sleep apnea. Observation of the heart rate, brain waves, eye and leg movements, breathing and oxygen level in blood is also observed during the test. Sleep study is basically conducted in home care settings and clinics.
There are different variations in sleep testing services like treatment monitoring, diagnostic services, home-sleep testing, in-lab testing, multiple sleep latency (MSLT), polysomnography, maintenance of wakefulness test (MWT), electroencephalogram, and CPAP/ BiPAP Titration. Out of these, the in-lab sleep testing services is anticipated to contribute a larger share due to premium service pricing and higher adoption rate. Even though the cost of in-lab sleep testing market is pretty high, yet it is considered as one of the premium services offered by the healthcare sector.
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The report presented here is a complete evaluation of global sleep testing services market with large focus on market dynamics that includes market drivers, restraints, and trends and opportunities. It also offers geographical and other segmentation studies of the market.
Global Sleep Testing Services Market: Trends and Opportunities
The factors that are presumed to fuel the growth of the sleep testing services market are favorable reimbursement policies and the rising frequency of sleep disorders. Private insurance providers are also covering up the cost and expenditure of the sleep testing services, thus allowing more people to utilize this service. This ultimately is boosting the demand for the sleep testing services in the global market.
Sleep testing services are predominant in the medical and healthcare industry. Reimbursement policies encouraged by various private companies is also drawing large number of patients to try the testing service, due to the prevailing occurrences of sleeping problems in people, mostly of middle age and older generation.
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Apart from detecting sleep disorders, Sleep studies are also done to help doctors study nighttime behavior of the patient as well. These behaviors are involuntary and may include sleep talking, REM sleep behavior and sleep walking. Because of the irregular lifestyle and food and sleep habits of today’s generation, most people suffer from sleeping disorders, and get tested in order to get peaceful relaxation. This factor thus, boosts the demand for sleep testing and contributes more and more revenue as it gains popularity.
Global Sleep Testing Services Market: Regional Analysis
The global sleep testing services market could be classified into the regions of North America, Middle-East and Africa, Europe, Asia Pacific and South America. Among these, Europe is considered as the leading region in the global market for sleep testing. Sleep testing services come at higher costs in the U.S. as it is considered one of the most premium services in the healthcare sector. Australia also has similar cost range and is equally contributing a good amount of revenue to the global sleep testing services market.
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However, Asia Pacific region is expected to exhibit strong growth potential in the coming years. This is because of the fact that sleep testing services are quite affordable for patients in the Asian and European region. Therefore, the sleep services market is expected to witness encouraging revenue growth in these regions.
Global Sleep Testing Services Market: Companies Mentioned
Major companies in the sleep testing services market are the Medical Service Company, Sleep Services Australia, SleepMed Inc., Genesis SleepCare, and Total Sleep Holdings.
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Bacteriophage Market to Undertake Strapping Growth by the End 2027

Bacteriophages Therapy Market: Introduction
  • Bacteriophage therapy is also called phage therapy. It uses viruses for the treatment of bacterial infections. Bacterial viruses are known as bacteriophages or phages. They attack bacteria; phages are harmless to plants, animals, and people. Bacteriophages are considered to be natural enemies of bacteria. Bacteriophages are found in sewage, water, soil, and others places where bacteria are found.
  • Phage therapy is broadly being reconsidered as an alternative to antibiotics. Henceforth, phage therapy is the therapeutic use of lytic bacteriophages for treating pathogenic bacterial infections.
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Key Drivers of Global Bacteriophages Therapy Market
  • There is an increase in prevalence of foodborne diseases that are caused due to food spoilage. Spoiled food contains pathogenic bacteria and viruses. According to the WHO, in 2019, around 600 million people (almost 1 in 10 people in the world) fall ill after eating contaminated food and 420,000 die every year, resulting in the loss of 33 million healthy life years (DALYs). Moreover, children under the age of 5 years carry 40% of foodborne disease burden, with 125,000 deaths every year. This factor is boosting the growth of the bacteriophages therapy market.
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  • Bacteriophages are highly specific to target bacteria. Its usage is targeted toward a specific bacterial species and significantly minimizes off-target effects on microbiome or human patient, as bacteriophages do not directly affect human cells.
  • Extensive research and developmental activities being carried out in the bacteriophages therapy market are fueling the growth of the bacteriophages therapy market. For instance, in January 2019, the U.S. Food and Drug Administration accepted an Investigational New Drug application by physician-scientists at the University of California San Diego School of Medicine for conducting the first U.S. clinical trial of an intravenously administered bacteriophage-based therapy. The planned trial was decided to be conducted in collaboration with AmpliPhi Biosciences Corporation, a San Diego-based biotechnology company.
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Key Restraints of Global Bacteriophages Therapy Market
  • High cost of bacteriophages therapy is one of the prime factors restraining the growth of the global bacteriophage therapy market. Expensive clinical testing and high risk of product failure for drug development are factors restraining market growth.
  • Physicians need special training to correctly prescribe and use phages. Thus, lack of skilled professionals can hamper the growth of the bacteriophages therapy market.
Strategic Developments and Emerging Economies to Offer Attractive Opportunities
  • Companies operating in the bacteriophages therapy market are focusing on meeting the needs of medical communities and patient population by developing novel therapies. Several players are also investing in developing advanced bacteriophage platforms.
  • In June 2016, EnBiotix, Inc., a product-focused bioengineering company, announced collaboration with the Mayo Foundation for Medical Education and Research (MFMER)to continue he development of the company’s drug candidate, EPP-001, an engineered bacteriophage product to deliver biofilm dispersing enzymes to treat Staphylococcus aureus (S. aureus) infections in prosthetic joints.
  • Emerging economies provide lucrative opportunities in the bacteriophage therapy market, as there is an increase in the number of patient population and initiatives by governments in the health care sector
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North America to Hold a Major Share of Global Bacteriophages Therapy Market
  • North America is expected to hold a major share of the global bacteriophages therapy market due to increasing prevalence of foodborne and other infectious diseases. For instance, the CDC estimated that around 48 million people fall sick, 128,000 are hospitalized, and 3,000 die from foodborne diseases each year in the U.S.
  • The bacteriophages therapy market in Asia Pacific is expected to grow at a rapid pace during the forecast period due to rise in patient population, initiatives by governments in the health care sector, and interest of key players in expanding their market presence in the Asia Pacific region
Key Players Operating in Global Bacteriophages Therapy Market:
Key players in the global bacteriophages therapy market are focusing on research and developmental activities. Companies are adopting various growth strategies, including mergers, acquisitions, product upgrades, product launches and approvals, partnerships, collaborations, etc. Leading players operating in the global bacteriophages therapy market are:
  • Armata Pharmaceuticals, Inc.
  • iNtODEWORLD, Inc.
  • Phage International, Inc.
  • Fixed-Phage Limited
  • OCUS BIOSCIENCES, INC.
  • Pherecydes Pharma
  • Adaptive Phage Therapeutics
  • Intralytix, Inc
  • PhagoMed Biopharma GmbH
  • PHAGELUX, INC.
  • Other Prominent Players
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Swab and Viral Transport Medium Market to Observe Strong Development by 2027

Swab and Viral Transport Medium Market: Introduction

  • Viral transport medium is a collection and transport system used for the collection, transport, and long-term freezing of clinical specimens containing viruses such as COVID-19, chlamydia, mycoplasma, or ureaplasma organisms
  • Viral skin swab is an implement lightly rubbed against the skin or vesicles to collect sample. The sample is later sent to laboratories in transport medium.
  • In the laboratory, viral cells are cultured and virus identification is performed by the laboratory technician
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Key Drivers and Restraints of Global Swab and Viral Transport Medium Market

  • The global swab and viral transport medium market is primarily driven by increase in demand for swabs & viral transport medium owing to COVID-19 pandemic, rise in use of viral transport medium in microbiology & diagnostic laboratories, and high investment in diagnostic equipment, kits, and accessories
  • Increase in the geriatric population, rise in adoption of diagnostic tests, and growth of the diagnostics industry are the other factors projected to drive the global market during the forecast period
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Diagnosis of Certain Viral Infections Segment to Account for Major Share of Global Market

  • In terms of application, the global swab and viral transport medium market can be classified into diagnosis of certain viral infections, preclinical testing, and others
  • The diagnosis of certain viral infections segment is anticipated to dominate the global market during the forecast period, due to significant demand for diagnostic testing services and increase in number of suppliers of FDA-approved swabs and transport media
  • Puritan Medical Products, COPAN Diagnostics, Inc., and Becton, Dickinson and Company (BD) are the manufacturers of FDA-approved nasopharyngeal and oropharyngeal swabs for coronavirus tests

Diagnostic Laboratories to be Highly Lucrative Segment

  • Based on end-user, the global swab and viral transport medium market can be categorized into microbiology laboratories, diagnostic laboratories, and others
  • The diagnostic laboratories segment is likely to account for major share of the global swab and viral transport medium market by 2027, owing to increase in number of samples being received for testing and high demand for viral transport mediums
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North America to Dominate Global Swab and Viral Transport Medium Market

  • In terms of region, the global swab and viral transport medium market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to dominate the global swab and viral transport medium market during the forecast period.
  • The market in North America is anticipated to be driven by the presence of prominent players, rapid increase in number of diagnostic tests for COVID-19, and exponential rise in number of COVID-19 cases in the U.S.
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Key Players Operating in Global Market

The global swab and viral transport medium market is highly fragmented, with a large number of domestic players accounting for major market share. Key players operating in the global swab and viral transport medium market are:
  • COPAN Diagnostics, Inc.
  • Medical Wire & Equipment (MWE)
  • Titan Biotech Ltd.
  • Becton, Dickinson and Company
Vircell S.L.
  • MANTACC
  • Puritan Medical Products
  • Starplex Scientific, Inc.
  • Thermo Fisher Scientific
  • Trinity Biotech
  • DiaSorin
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Vision Screeners Market to Expand with Significant CAGR by 2027

Global Vision Screeners Market: Overview
Vision problems are quite prevailing these days. Lack of proper nutrition, irregular eye checkups, and inconsistent care of the eye are some of the factors that lead to vision problem in a patient. Other than these factors, bacterial infections, unhealthy lifestyle, and constant stress on eyes are some contribute to the growing prevalence of vision disorders. To cater to these issues, manufacturers have unveiled vision screeners that can detect and diagnose the degree of the impact vision disorders have on patients. As a result of these developments, the global vision screeners market is expected to experience a consistent growth in the forecast period of 2019 to 2027.
Covering facets like notable developments, key drivers, and major restraints, a report by Transparency Market Research presents in-depth analysis of the global vision screeners market. The insights from the report allows the reader to have better understanding about the dynamics of the market, which helps them in their decision making during the forecast period of 2019 to 2027.
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Global Vision Screeners Market: Notable Developments and Competitive Landscape
Innovation is the key to success for players in the global vision screeners market. The race to bring innovative products in the market is driving an intense competition between the players. They are investing heavily in research and development so as to cater to the rising demand of cutting-edge technologies vision screeners market. For instance:
  • Essilor International S.A. is focusing on implementing virtual reality into its vision screeners. In 2018, the company launched Vision R 800, the screener is designed to offer accurate diagnostics of visual impairment in patients. Various eye specialty hospitals have adopted the products, allowing the company to have consolidate its position in the market.
Moreover, various medical institutes are collaborating with prominent players of the global vision screeners market. These collaborations are allowing the institutions to leverage modern vision screening technology to offer better diagnostics to the patients. For example:
  • In October 2018, Palo Alto Medical Foundation announced its collaboration with a prominent player of the global vision screening market–the Plusoptix. The collaboration aims to improve the visual treatments for improving the eyesight of the people of North Carolina.
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Global Vision Screeners Market: Key Drivers
Programs in Schools Educating Students about Vision Screenings
With various vision screening tests in schools, students can be educated about the visual disorders. These tests offer an opportunity to medical institutes and companies in the global vision screening market to impart the knowledge about how a particular disorder affects the eye of the patient. As a result of these tests, the demands for vision screeners in hospitals and diagnostic centers have increased exponentially. This is driving the growth of global vision screeners market in the forecast of 2019 to 2027. Additionally, government support to these school programs is another factor that drives the growth of global vision screening market.
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Advancing Technology Implies Boosted Growth
Manufacturers in the global vision screeners market are constantly upgrading their product portfolio. This is to offer better solutions equipped with enhanced capabilities and efficiency that shall ultimately result in better outcomes from vision screenings in hospitals and diagnostic centers. As a result of constant innovation, manufacturers have been increasing their customer base across the globe and drive better sales.
Global Vision Screeners Market: Regional Analysis
Asia pacific accounts for more than one third of the total sale of vision screeners across the globe. As a result of this massive share, the region is likely to dominate in the global vision screeners market in the forecast period of 2019 to 2027. The prominence of the region can be backed by the growing incidence of diabetes and malnutrition in low-income economies. The region has developed a strong potential for manufacturers to offer products that can target diabetes.
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Organoids Market to Witness Exponential Growth by 2027

Global Organoids Market: An Overview

The global organoids Market is a fragmented landscape with several new players driving intense competition and rising investment in innovation. Recent advancements in Big Data, and technologies like 3D printing have opened up new skies of growth for innovation.
Organoids is a simplified and compact version of organs which depicts micro-anatomy realistically. These are usually made up of stem cells, tissues, or pluripotent stem cells. These can organize themselves in three-dimensions, which is key to its realistic representation of organism. In 2013, the scientific community named the development in organoids as one of the biggest scientific achievement in recent times. This is not surprising as understanding real-movements of organs allows scientists to study various abnormal as well as healthy behaviour in cells, and test new drugs to bring forth solutions to challenges such as Alzheimer’s disease which are yet to be completely understood. Technologies like Big Data promise to a rapid progress in understanding cells, while 3D printing promises more realistic, and more diversification in materials used for research.
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Global Organoids Market: Trends and Opportunities

A new study published in the National Institutes of Health Journal shows that La Crosse Virus or LACV can cause inflammation of the brain in children. The study also shows that at different stages of development cycle, the cells affect children differently. The study relied on the use of organoids for the understanding the primary function of brain cells in the nervous cell system. The study and rising concerns about neurons causal relationship with LACV promise new research opportunities for end-players.
Rise in chronic diseases including most forms of cancer, and new little understood major illnesses like Alzheimer’s have rung many alarm bells in the healthcare sector. Additionally, the cost of treatment for many of these diseases remains extremely high and out of reach for many patients. The rising population of elderly, increased investment in research for chronic illnesses, and growing burden on healthcare system are expected to drive more capital towards research and innovation. Moreover, advancements in organoids replacing conventional 2D cells with a 3D model promises new growth opportunities for researchers in return. Growing concerns about systematic treatment solutions for personalised medicine will also drive new opportunities for growth in the organoids market.
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Global Organoids Market: Regional Outlook

The global organoids market report covers all regions including North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Among these, the North American region is likely to post highest revenues, thanks to increasing technological adoption of big data, and faster streamlining process by the FDA. The new drive to innovation in the industry is a major trend in the region as old patents expire, and new opportunities due to a bigger push by the regulatory environment drives growth in the region. The global organoids market is also expected to register robust growth in Asia Pacific, as increasing private investments for research in pharmaceutical industry, and similar streamlining of approval process by the Chinese FDA drives growth in the region.
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Global Organoids Market: Companies Profiled in the Report

The Organoids market report will provide strategic analysis of the key players including Hubrecht Organoid Technology (HUB), Cellesce Ltd., DefiniGEN, STEMCELL Technologies Inc., Qgel and OcellO B.V. Moreover, the report will also provide a balanced overview of their positioning in relation to their strengths and weaknesses. The main players in the market are increasingly engaging in collaboration, and mergers to find new opportunities for growth and innovation.
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