Monday, June 1, 2020

Gynecological Devices Market is Expected to Expand at an Impressive Rate by 2023

The global gynecological devices market is marked by a high degree of fragmentation due to the presence of several large and small manufacturers, reports Transparency Market Research (TMR) in a new business intelligence study. This leaves ample room for market consolidation in the near future. Nevertheless, top companies namely Boston Scientific Corporation, Cooper Surgical, and Olympus Corporation hold prominence on account of their extensive product portfolio and geographical outreach. These companies are vying to introduce non-invasive devices to serve a larger consumer base that will also help expand their geographical outreach. With increasing demand for medical help for women-centric health issues, there lies immense scope of growth for players in the gynecological devices market.
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At present, small as well as regional players hold significant share in the gynecological devices market. However, increasing entry barriers and stringent regulations for product approval are limiting the entry of new companies. Insufficient funding from venture capitalists is also challenging new companies to enter this market.
As per projections of a TMR report, the global gynecological devices market will clock 4.8% CAGR between 2017 and 2023. This will translate opportunities in the market to generate a revenue of US$22,589.9 mn by 2023 from US$17,015.9 mn in 2017. In terms of device type, gynecological surgical devices hold prominence in the market. Rising prevalence of single incision laparoscopic surgeries and advances in conventional endoscopic surgeries account for advances in gynecological surgical instruments. Geography-wise, North America is a lucrative market for gynecological devices due to the early adoption of advanced gynecological devices.
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Efforts of Global Health Organizations for Women Health a Boon for Market
First and foremost, rising incidence of gynecological disorders such as uterine fibroids, cervical cancer, and menorrhagia is driving the gynecological devices market. In developing countries, healthcare infrastructural development and technologically advanced diagnostic services is favoring the gynecological devices market. An increasing awareness among women in these countries regarding therapeutics for gynecological diseases is also stoking demand for gynecological devices. Global health organizations and non-profit organizations conduct periodic health check-ups in developing and underdeveloped countries for women health. This stokes demand for gynecological devices.
In urban areas, modern lifestyle and increasing professional and personal stress are also related to gynecological conditions. This is necessitating routine check-up for women-centric health issues that may require gynecological devices at secondary stage of therapeutics.
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Rising Preference for Minimally Invasive Procedures Stokes Demand
At present, acceptance of minimally invasive procedures generally is on the rise. This is because minimally invasive surgeries involve shorter hospital stay and faster recovery. Minimal scarring and ease of post-surgery care are leading individuals to opt for minimally invasive procedures. Gynecological surgery at one time meant big painful incisions, longer recovery periods, and intense monitoring. Due to this, open exposure surgical hysterectomies is increasingly being replaced with minimally invasive hysterectomies that involve the use of an electric morcellator surgical device.
Increasing public and personal healthcare expenditures and rising awareness of therapeutics for gynecological diseases in developing countries is cementing the growth of this market. Women health in these countries is increasingly being considered important for economic development thus drawing the attention of national governments.
However, long hauls for product approval and delays for product approval from regulatory authorities is providing headwinds to the growth of gynecological devices market. Stringent documentation and compliance requirements delay commercial availability of advanced first-mover products.
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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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