Healthcare – Page 8 – Latest Market Trends

Tissue Diagnostic Market Is Burgeoning Worldwide By 2025

The overview of invention expertise together with the growing demand for precise analytical skills is expected to develop the market above the prediction period.

The global Tissue Diagnostic Market is estimated to develop at a substantial CAGR for the duration of the prediction. The overview of invention expertise together with the growing demand for precise analytical skills is expected to develop the market above the prediction period. For example, the tissue microarrays diagnostic procedure is estimated to transform the cancer diagnostic arrangement as it delivers a reasonably greater sum of molecular facts than normal process of biopsy.

The tissue diagnostic industry on the source of Type of End Use could span Research Laboratories, Hospitals, Pharmaceutical Organizations, Contract Research Organizations [CRO]. The subdivision of Hospitals is expected to lead the market for tissue diagnostic, above the prediction period, due to the greater effectiveness and an outsized capacity of processes. Research laboratories are likewise estimated to observe considerable development above the prediction period due to growing actions of Research & Development.

The tissue diagnostics market on the source of Type of Application could span Non-Small Cell Lung Cancer, Lymphoma Cancer, Breast Cancer, Gastric Cancer, and Prostate Cancer. The subdivision of Breast Cancer Diagnostic is expected to observe profitable development for the duration of the prediction, due to its growing occurrences. The subdivisions of Prostate and Gastric Cancer Diagnostics are expected to witness important development above the prediction period due to altering nourishment and additional hereditary reasons.

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The tissue diagnostic industry on the source of Type of Technology could span Digital Pathology & Workflow, Special Staining, In-Situ Hybridization, Immunohistochemistry [IHC]. The subdivision of Immunohistochemistry [IHC] technology is estimated to constitute the maximum stake above the prediction period due to growing usage of immunohistochemistry merchandises such as confidant diagnostics in custom-made medication for cancer.

The tissue diagnostic market on the source of Type of Product could span Accessories, Instruments. The subdivision of Accessories ruled the market during past year, due to their wide-ranging usage all over the tissue diagnostic procedure. The subdivision of Accessories consists of substances and additional disposables. They are an essential portion of the tissue diagnostic arrangement.

The tissue diagnostics industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake, and Development percentage in these areas, for the duration of the prediction could span North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

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By the source of geography, North America was the most important tissue diagnostics market during the past year, due to increasing occurrence of cancer, compassionate repayment amenities, and increasing demand for made to order medications. Promising government strategies and the outline of Patient Protection and Affordable Care Act [PPACA], in this area, are expected to carry on its supremacy above the prediction period.

The Europe is estimated to be the subsequent maximum income creating state due to growing alertness of the patient, particularly in the nations of Western Europe. The developing markets of Asia-Pacific; for example China and India are estimated to witness well-paid development above the prediction period due to the growing elderly inhabitants , growing per head earnings , speedy modernization in analytical testing, increasing capital for the research work on cancer and a huge group of patients.

The statement revises trades in terms of intake of tissue diagnostic in the market; particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are Prometheus Laboratories, Becton Dickinson & Company, Qiagen, Bio SB, Siemens Healthcare, Thermo Fisher Scientific, BioGenex Laboratories, Life Technologies, Agilent Technologies, DiaGenic, Alere, Johnson & Johnson, GE Healthcare, Danaher Corporation, Abbott Laboratories, Cell Signaling Technologies and Roche Diagnostics.

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Neurology Devices Market Will Generate About USD 10.8 billion By 2025

Neurological devices imply “Interventional neurology” is the non-surgical field that uses minimally invasive, image-guided techniques for the treatment of most complex and dangerous diseases of the brain, neck, and spine.

Global Neurology Devices Market is anticipated to reach USD 10.8 billion by 2022. Neurological devices imply “Interventional neurology” is the non-surgical field that uses minimally invasive, image-guided techniques for the treatment of most complex and dangerous diseases of the brain, neck, and spine.

The factors that propel the growth of the neurology devices market include increasing demand, rapid urbanization & industrialization, and product development & technological innovation, large patient pool, growing number of private hospitals & diagnostic centers, and awareness among people. In addition, some of the other factors such as demand for effective neurovascular devices, favorable medical repayment, new product innovation and commercialization, growth in the number of research activities in the field of neurovascular therapies, and improvements in healthcare infrastructure across emerging markets are expected to drive the market further.

On the other hand, there are factors that may hamper the growth of the market including the high cost of R&D and complicated government approval processes. Neurology devices industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Neurology devices market may be explored by product type, technology, end users, distribution channel, and geography. The market may be explored by product type as Neurostimulation (Spinal Cord Stimulation, Sacral Nerve Stimulation, Spinal Cord Stimulation, Deep Brain Stimulation, Gastric Electric Stimulation, and Vagus Nerve Stimulation), Aneurysm Coiling & Embolization Devices (Liquid Embolic Agents, Flow Diversion Devices and Embolic Coils), Neurothrombectomy Devices (Snares, Suction and Aspiration Devices and Clot Retrievers), Cerebral Balloon Angioplasty & Stenting Systems (Embolic Protection Systems and Carotid Artery Stents), and Support Devices (Micro guide wires and Micro catheters).

The “Neurostimulation devices” segment led the neurology devices industry in 2015 and is anticipated to maintain its dominance by 2022. The key factors that may attributed to the growth of market include faster acting stimulation devices, aged population, and the development of minimally invasive neurological and the growing number of chronic CNS disorders.

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Based on technology, the neurology devices market could span Carotid Artery Angioplasty and Stenting, Neurothrombectomy, Embolization and Coiling and Supporting Technologies. The market of neurology devices could be explored based on end users as Ambulatory Surgical Centers, Hospitals and Clinics. The market could be explored based on distribution channel as online stores, specialty stores, and others.

North America accounted for the major market share of the neurology devices in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include privatization of the healthcare sector, favorable reimbursement policies, and technological innovations. On the other hand, the Asia Pacific is expected to show high growth rates in the neurology devices industry. Factors such as large population base, growing awareness, and rising number hospital & clinics.

Some of the key players that fuel the growth of the neurology devices industry comprise B. Braun Melsungen AG, Medtronic, Integra Life Sciences Holdings Corp., Stryker Corporation, Ivanova, St. Jude Medical Inc., Micro port Scientific Corporation and Penumbra Inc. U.S. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Market Segment:

Global Neurology Devices Product Outlook (Market Revenue in USD Million, 2012 – 2022 )
• Neurostimulation
      • Spinal Cord Stimulation
      • Spinal Cord Stimulation
      • Deep Brain Stimulation
      • Sacral Nerve Stimulation
      • Vagus Nerve Stimulation
      • Gastric Electric Stimulation
  • Interventional Neurology
      • Aneurysm Coiling and Embolization
          • Embolic Coils
          • Flow Diversion Devices
          • Liquid Embolic Reagents
• Neurovascular Catheters
          • Micro Catheters
          • Micro Guidewires
      • Cerebral Balloon Angioplasty &Stents
          • Carotid Artery Stents
          • Filter Devices
          • Balloon Occlusion Devices
      • Neurothromobectomy
          • Clot Retrievers
          • Suction Aspiration Devices
          • Snare Devices
  • CSF Management Devices
      • Cerebral Shunts
      • Cerebral External Drainage
  • Neurosurgery Devices
      • Ultrasonic Aspirators
      • Stereotactic Systems
      • Neuroendoscopes
      • Aneurysm Clips

Global Neurology Devices Regional Outlook (Revenue, USD Million, 2012 – 2022)
  • North America
  • Europe
  • Asia Pacific
  • RoW

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Osteoporosis Drugs Market Set Close To USD 16.3 billion From 2025

The osteoporosis drug industry is subject to witness a substantial growth due to the rise in elderly population and increase in the occurrence of target diseases like osteoporosis.

The global Osteoporosis Drugs Market size is expected to value at USD 16.3 billion by 2025. The osteoporosis drug industry is subject to witness a substantial growth due to the rise in elderly population and increase in the occurrence of target diseases like osteoporosis. Global occurrence of osteoporosis along with high demand for drugs in prophylaxis and treatment is propelling the growth of osteoporosis drug market, in the recent years. Globally, the osteoporosis drugs industry is predicted to grow at higher CAGR over next seven years, providing numerous opportunities for market players to invest for research and development in the osteoporosis drugs.

Osteoporosis is a primary cause of reduced bone density inducing the pain with a minor form of injury or trauma. As many as nine million people have been reported suffering from the osteoporosis disease on annual basis across the globe. Such factors are causing frequent osteoporotic conditions every three seconds. Prime victims of the disease are menopausal women. For instance, one out of three women above the age of fifty experiences an osteoporotic fracture. These factors are responsible for the growth of osteoporosis drugs market, thus creating lucrative opportunities for market players, in recent years. Substantial rise in the elderly population in both developed and developing economies across the globe are driving the demand for osteoporosis drugs.

The osteoporosis drug industry is broadly categorized into five major segments based on the product type such as bisphosphonates, parathyroid hormone therapy, calcitonin, Selective Estrogen Inhibitors Modulator (SERM), and rank ligand inhibitors. The rank ligand inhibitors is considered as one of the faster growing segment in the osteoporosis drug market with substantial revenue generation in the last few years. Increase in preference by healthcare professional due to positive outcomes in patient attributes to the growing popularity of the rank ligand inhibitors segment. The Selective Estrogen Inhibitors Modulator (SERM) segment also witnesses substantial growth owing to the increasing adoption in conjunction with other drugs to impart a synergistic effect.

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The osteoporosis drugs industry is divided by region such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in adoption of latest technologies in medicine & pharmaceutical sector, increase in number of incidences related to osteoporosis disorders, and existence of well-established healthcare infrastructure. Asia-Pacific region is predicted to hold major market share in the osteoporosis drugs market with massive growth in forecast period. Countries such as India, China and Japan are leading the Asia-Pacific market with growing elderly population, rising healthcare expenditure, improved clinical facilities, and significant investment by leading industry players considering potential opportunities in the region.

The key players in the osteoporosis drug industry are Actavis Inc., DePuy Synthes Companies, Zimmer Biomet Holdings, Inc., Stryker Co., Integra LifeSciences Co., Pfizer Inc., and Dr. Reddy’s Laboratory.

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Global Osteoporosis Product Outlook (Revenue, USD Million, 2014 – 2025)
• Branded
      • Bisphosphonates
      • Parathyroid Hormone Therapy
      • Calcitonin
      • Selective Estrogen Inhibitors Modulator(SERM)
      • Rank Ligand Inhibitors
      • Others
  • Generics

Osteoporosis Drugs Regional Outlook (Revenue, USD Billion, 2014 – 2025)
  • North America
      • U.S.
      • Canada
  • Europe
      • UK
      • Germany
  • Asia Pacific
      • Japan
      • China
      • India
  • Latin America
      • Mexico
      • Brazil
  • MEA
      • South Africa

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Immunohematology Market Will Accomplish Outstanding USD 2.3 billion Figure By 2025

Immunohematology, also termed as “Blood Banking”, is a branch of hematology that studies analogous phenomena and RBC antigen-antibody reactions associated with blood transfusions.

Global Immunohematology Market is expected to reach USD 2.3 billion by 2024. Immunohematology, also termed as “Blood Banking”, is a branch of hematology that studies analogous phenomena and RBC antigen-antibody reactions associated with blood transfusions. The Immunohematology industry is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

The factors that are playing a major role in the growth of Immunohematology Market are growing awareness among populace regarding transfusion-related diseases and blood compatibility, developing healthcare infrastructure, rising government initiative & reimbursement programs, and increasing concern regarding medical safety across the globe. However, high maintenance cost may restrain overall market growth in the years to come. Immunohematology industry is segmented based on product type, end-user, applications, and region.

Immunohematology reagent and Immunohematology analyzer are the product types that could be explored in Immunohematology in the forecast period. The reagent sector accounted for the substantial market share of immunohematology market and is estimated to lead the overall market in the years to come. This may be because of increasing number of blood banks and rise in use of reagents in the immunohematology tests. Also, Immunohematology analyzer sector is estimated to grow at the fastest pace in the years to come.

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The market may be categorized based on end users like diagnostic laboratories, hospitals, blood banks, and others that could be explored in the forecast period. Hospitals sector accounted for the significant market share of Immunohematology and is estimated to continue with its dominance in the years to come. Also, blood banks sector is estimated to grow at the highest CAGR in the years to come. There are several applications that could be explored in Immunohematology such as Hepatitis, Blood-related diseases, HIV, and others.

Globally, North America accounted for the significant market share of Immunohematology and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be developed healthcare infrastructure, growing number of the blood bank and trauma centers, and raised funding by private sectors and governments.

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. The aspects that may be ascribed to the growth comprise acceptance and usage of high-quality treatments and diagnostics. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The developing countries like India and China are the major consumers of Immunohematology industry in this region.

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The key players of Immunohematology Market are Beckman Coulter, Inc., Bio-Rad Laboratories, Abbott, Immucor, ThermoFisher, Ortho Clinical Diagnostics, Siemens Healthcare GmbH, Grifols, Hologic, Inc., and BD (Becton Dickinson). These players are concentrating on inorganic growth to sustain themselves amongst fierce competition.

Market Segment:

Immunohematology Product Outlook (Market revenue in USD Million, 2013 – 2024)
• Immunohematology analyzer
• Immunohematology reagent

Immunohematology End-Use Outlook (Market revenue in USD Million, 2013 – 2024)
  • Hospitals
  • Blood banks
  • Diagnostic laboratories

Immunohematology Regional Outlook (Market Revenue in USD Million, 2013 – 2024)
  • North America
      • U.S.
      • Canada
  • Europe
      • UK
      • Germany
  • Asia Pacific
      • Japan
      • China
  • Latin America
      • Brazil
      • Mexico
  • Middle East and Africa
      • South Africa
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Dental X-Ray Market Hit Almost USD 2.4 billion Figure By 2025

The factors that propel the growth of the Dental X-Ray Market include growing aged population, technical advancements, reduction in the diagnosis time, enhancement of the image quality.

Global Dental X-Ray Market is anticipated to reach USD 2.4 Billion By 2024. Dental X-Ray refers to a type of electromagnetic radiation that is used for recognition and imaging of any dental issue. The factors that propel the growth of the Dental X-Ray Market include growing aged population, technical advancements, reduction in the diagnosis time, enhancement of the image quality. Also, growing acceptance of cone-beam computed tomography (CBCT), rise in the incidence rate of the dental disorders, and rising demand for the cosmetic dentistry might contribute greatly to the market growth.

On the other hand, there are factors that may hamper the growth of the market including lack of reimbursement, lack of dental specialists in the laboratory, and high price of the equipment. Dental X-Ray industry is anticipated to grow at a significant CAGR of 8.5% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Dental X-Ray Market may be explored by product type, type, application, end user, and geography. The market may be explored by product type as Analog X-Ray Systems and Digital X-Ray Systems. The “Digital X-Ray Systems” segment led the market of Dental X-Ray in 2017 and is anticipated to maintain its dominance by 2024. The key factor attributing to the growth of market could include increasing use of digital technology that requires no films or chemicals.

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Based on type, the market may be classified as Extraoral X-Ray Systems; which may further comprise Cone-Beam Computed Tomography (CBCT) Systems and Panoramic/Cephalometric Systems, Hybrid X-Ray Systems, and Intraoral X-Ray Systems; which may further be classified as Photo-Stimulable Phosphor (PSP) Systems and Digital Sensors. The “Extraoral X-Ray Systems” segment led the market of Dental X-Ray in 2016 and is anticipated to maintain its dominance by 2024. The key factor that may attributed to the growth of market includes increasing applications in the diagnostic and therapeutic procedures for oral conditions.

The key applications that could be explored in the Dental X-Ray industry include Forensic, Cosmetic and Medical. The “Medical” segment led the market Dental X-Ray in 2016 and is anticipated to maintain its dominance by 2024. The key factor that may attributed to the growth of market includes high applicability in gum, oral and tooth-related disease treatment and diagnostics.

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The market of Dental X-Ray could be explored based on end user as Forensic Laboratories, Dental Academic & Research Institutes and Dental Hospitals & Clinics. The “Dental Hospitals & Clinics” segment led the Dental X-Ray industry in 2016 and is anticipated to maintain its dominance by 2024.

North America accounted for the major share of the Dental X-Ray Market Size in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include technological advancements and increasing occurrence of dental disorders among young adults and children. North America is likely to be followed by the Asia-Pacific region owing to rise in the healthcare spending in emerging economies such as China& India and growing aged population.

Some of the key players that fuel the growth of the Dental X-Ray industry comprise Carestream Health, DEXIS LLC., SUNI, THE YOSHIDA DENTAL MFG. CO. LTD, LED Dental, Dentsply Sirona, PLANMECA OY, SOREDEX, AIR TECHNIQUES and CEFLA S.C. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Global Bone Morphogenetic Protein Market is Booming Worldwide from 2020 to 2025

Molecular cloning of bone morphogenetic proteins validate their family of differentiation factors and each capable of stimulating the development of new bone tissue once implanted.

The global Bone Morphogenetic Protein Market is set to witness a higher CAGR during the forecast period. Molecular cloning of bone morphogenetic proteins validate their family of differentiation factors and each capable of stimulating the development of new bone tissue once implanted. Morphogenetic based products are a revolution for several therapies in orthopaedic practices. Technically, bone matrix comprises a diversity of protein components entailing an array of growth and differentiation factors. Developments in the biochemical techniques and inception of biotechnology certainly allows purification followed by molecular cloning

Driving factors for bone morphogenetic proteins market include rise in number of patients with spinal injuries along with an increase in surgical rate. Rise in spinal fusion, small bone surgeries and trauma are likely to propel the market growth in the forecast period. Low back pain is one of the main reasons occurring due to lifestyle disorders resulting into severe back conditions. Subsequently, the rise in orthopaedic surgeries growing by number is likely to gain a significant attention in the forecast period. By Type, the market is segmented as rhBMP-2 and rhBMP-7. Application segment for bone morphogenetic protein market includes trauma, spinal fusion, reconstructive surgery and oral-maxillofacial.

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Geographical segmentation for bone morphogenetic protein (BMP) market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions are likely to gain a significant market growth due to rise in orthopaedic conditions and change in lifestyle. Favorable reimbursement is a major reason for market development.

North American and European regions are likely to attain higher position due to rise in minimally invasive surgeries, higher recovery time and rise in geriatric population. In addition, rise in awareness about alternatives for bone grafting is contributing to the market growth. The key players in the bone morphogenetic protein industry include Medtronic, R&D Systems, Sigma Aldrich Corp, ProSpec, DePuySynthes, Ember Therapeutics Inc and Cellumed Co Ltd.

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Market Segment:

Type Outlook (Market Revenue in USD Million, 2013 – 2024)
• rhBMP-2
• rhBMP-7

Application Outlook (Market Revenue in USD Million, 2013 – 2024)
  • Spinal fusion
  • Trauma
  • Reconstruction
  • Oral Maxillofacial

Regional Outlook (Market Revenue in USD Million, 2013 – 2024)
  • North America
      • U.S.
      • Canada
  • Europe
      • Germany
      • UK
  • Asia Pacific
      • Japan
      • China
      • India
  • Latin America
      • Brazil
      • Mexico
  • MEA
      • South Africa

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Global Negative Pressure Wound Therapy (NPWT) Market to Witness Huge Growth By 2025

Negative pressure wound therapy is a therapeutic method that uses vacuum dressing to treat chronic or acute wounds and improve the healing of second and third degree burns.

Global Negative Pressure Wound Therapy Market is anticipated to grow considerably in the forecast period owing to the increasing prevalence of chronic and acute wounds worldwide. Negative pressure wound therapy is a therapeutic method that uses vacuum dressing to treat chronic or acute wounds and improve the healing of second and third degree burns. The vacuum process removes the fluid from wound and increases the flow of blood in the area. Negative pressure wound therapy uses the three types of filter materials for wound; open-cell foam, transparent and gauze film or honeycomb textile.

One of the major driving factors of negative pressure wound therapy market is the rising number of hospital that offers improved services for wound care. Most hospitals are recruiting professional healthcare physicians and nurses, which will impressively affect its wound care administrative facilities. Several innovations and developments are taking place in healthcare sector like advances in accessibility of quality tools and devices. These factors are improving patients’ satisfaction in hospitals, which ultimately drives the negative pressure wound therapy industry.

Over the years, the requirement for negative pressure wound therapy has extensively grown due to its benefits like improved treatment of transplant skin, reduced odds of wound diseases for open fractures and traumas and low hospital mortality in patients with mediastinitis. Nevertheless, unrecognized complications of negative pressure wound therapy like injuries and deaths due to infection and absence of proof of clinical sufficiency are expected to hinder the growth of negative pressure wound therapy (NPWT) market.

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Negative pressure wound therapy industry is categorized on the basis of product, wound type, end user, and geography. On the basis of product type, the industry is divided into standalone NPWT devices, single-use disposable NPWT devices, portable NPWT devices, and NPWT accessories (canisters). Owing to the increase in demand for small and smart devices, portable NPWT devices is expected to lead the market in the forecast period.

Based on wound type, negative pressure wound therapy market is divided into diabetic foot ulcers, venous leg ulcers, pressure ulcers, burn wounds, and others. In the recent years, large number of burn wounds cases have been registered. In terms of end user, the market is divided into home care settings, hospitals and others. The increase in demand for negative pressure wound therapy devices by hospitals is expected to lead hospital segment in the forecast period.

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Geographically, negative pressure wound therapy (NPWT) industry is segmented as North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America followed by Europe are predicted to lead the market for negative pressure wound therapy in terms of revenue. Asia Pacific is expected to register significant growth in the coming years owing to the growing disposable income of consumers.

The key players in negative pressure wound therapy industry comprise ConvaTec, Smith & Nephew, Cardinal Health, Acelity, Talley Group Ltd, HARTMANN GROUP, and Mölnlycke Health Care.

Market Segment:

Global Product Outlook (Revenue, USD Million; 2014 – 2025)
• Conventional NPWT
• Single-use NPWT

Global Type Outlook (Revenue, USD Million; 2014 – 2025)
  • Diabetic Foot Ulcers
  • Venous Leg Ulcers
  • Pressure Ulcers
  • Burn Wounds
  • Others

Global End Use Outlook (Revenue, USD Million; 2014 – 2025)
  • Hospitals
  • Homecare
  • Others

Regional Outlook (Revenue, USD Million; 2014 – 2025)
  • North America
      • U.S.
      • Canada
  • Europe
      • Germany
      • UK
  • Asia Pacific
      • China
      • India
  • Latin America
      • Brazil
      • Mexico
  • MEA
      • South Africa

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Therapeutic Drug Monitoring Market Hit Almost USD 3.37 billion Figure By 2025

Factors responsible for the robust growth of therapeutic drug monitoring (TDM) market, in the recent years, include deriving personalized or tailor-made treatment plans for patients and increasing adoption of the Point-of-Care (PoC) diagnostic devices to carry out quantitative measurements of the drug concentration.

The global Therapeutic Drug Monitoring market size is expected to value at USD 3.37 billion by 2024. The market is subject to witness a substantial growth due to the introduction of the Point-of-Care (PoC) devices in the market and development of the personalized predictive and preventive medicine. Factors responsible for the robust growth of therapeutic drug monitoring (TDM) market, in the recent years, include deriving personalized or tailor-made treatment plans for patients and increasing adoption of the Point-of-Care (PoC) diagnostic devices to carry out quantitative measurements of the drug concentration. Advent of the precision medicine for the healthcare sectoris expected to drive the growth of the market.

However, lack of awareness among general population and inability of the Point-of-Care (PoC) to broaden its application base for patient monitoring are expected to restrain market growth to a certain extent. Yet, recent research & development activities in the therapeutic drug coupled with increase in funding for the development of novel drugs for patient monitoring are expected to gain traction in the near future.

Globally, the therapeutic drug monitoring industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest in development of the advanced therapeutic drug monitoring solutions. The therapeutic drug monitoring is performed in clinics, hospitals and emergency units with the help of gathering critical patient information like age group, metabolism, and drug dosage history.

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Therapeutic drug monitoring solutions involves the diagnosis of complex heath conditions such as toxicity level in the body, thus allowing determination of the optimal drug dose for a particular genetic profile of an individual. Moreover, the therapeutic drug monitoring (TDM) helps to identify major reasons for failed therapy outcomes in an accurate. This allows healthcare professionals to distinguish between the perplexing root causes, ineffective drug dosage, non-compliance of drug delivery system, and adverse effects caused by medications. These factors are anticipated to stimulate the growth of therapeutic drug monitoring industry over the forecast period.

Furthermore, recent R&D activities in regards to the development of innovative drug compositions in the pipeline by prominent industry players is considered as one of the major driving factors for market growth, in the last few years. Growing number of successful clinical trials is expected to expand consumer base for therapeutics drug monitoring industry with growing influence of drug portfolio. The therapeutic drug monitoring market is broadly categorized into six major types based on the types of technology such as immunoassays, proteomic technologies, thin-layered chromatography, spectrophotometry, polarimetry, and electrophoresis.

The immunoassay technology is considered as one of the fastest growing segment in the therapeutic drug monitoring industry with substantial revenue generation in the last couple of years. Growing popularity of the immunoassay segment is attributed to the easy availability of highly specific and reliable immunoassays, and increasing implementation of advanced clinical solutions. The proteomics segment has also witnessed massive growth, in the recent years, owing to its ability to incorporate a variety of bio specimens.

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The therapeutic drug monitoring market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in medicine & pharmaceuticals and existence of well-established healthcare infrastructure in the region. Asia-Pacific region is predicted to hold major market share in the therapeutic drug monitoring with massive growth in forecast period.

Countries such as India, China, Malaysia and Japan are leading the Asia-Pacific market with favorable government laws & regulations, improved healthcare infrastructure, rising per capita income, higher approval rate of therapeutic drugs, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the therapeutic drug monitoring industry are Roche AG, Siemens Healthcare GmbH, Thermo Fisher Scientific, Inc., Bio-Rad Laboratories, Inc., Beckman Coulter, Inc., Abbott Laboratories, Inc., Agilent Technologies, Inc., bioMérieux, Inc., Alere, Inc., and Probe Scientific Ltd.

Market Segment:

Therapeutic Drug Monitoring Market, Product Outlook, by Revenue (USD Million, 2013 – 2024)
• Consumables
• Equipment
• Others

Therapeutic Drug Monitoring Market, Technology Outlook, by Revenue (USD Million, 2013 – 2024)
  • Immunoassays
  • Proteomic technologies
  • Others

Therapeutic Drug Monitoring Market Drug, Class Outlook, by Revenue (USD Million, 2013 – 2024)
  • Anti-epileptics
  • Antibiotics
  • Immunosuppressants
  • Psychoactive drugs
  • Antiarrhythmic drugs
  • Others

Therapeutic Drug Monitoring Market, End-use Outlook, by Revenue (USD Million, 2013 – 2024)
  • Hospital labs
  • Private labs
  • Others

Therapeutic Drug Monitoring Market, Regional Outlook, by Revenue (USD Million, 2013 – 2024)
  • North America
      • U.S.
      • Canada
  • Europe
      • UK
      • Germany
  • Asia Pacific
      • Japan
      • China
  • Latin America
      • Brazil
  • MEA
      • South Africa

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Mannitol Market Will Generate About USD 418.3 million By 2024

Mannitol is used for coating these food items and contains less calories compared to sugar. It is widely used in sugar-free foods due to its non-hygroscopic nature and is consumed largely by the diabetic patients.

Global Mannitol Market is estimated to reach USD 418.3 million by 2024, owing to the increase in demand for confectionary and bakery products like chewing gums, candies, lozenges, etc. Mannitol is used for coating these food items and contains less calories compared to sugar. It is widely used in sugar-free foods due to its non-hygroscopic nature and is consumed largely by the diabetic patients.

Mannitol is a sugar alcohol, which is also used as a medication. It is mostly used as a sweetener in diabetic foods as it cannot be easily absorbed in the intestines. It is widely used in the managing of cerebral oedema and raised intracranial pressure (ICP) for numerous causes. It is also used for renal protection in vascular & cardiac surgery, during renal transplantation and in the management of rhabdomyolysis.

Increasing demand for mannitol in bakery and confectionaries is one of the major driving factors for mannitol market. The rise in demand for low calorie sugars because of growing health awareness is expected to fuel mannitol market in the forecast period. The alternate use mannitol powder as a sweetener is also accelerating the demand for mannitol. Owing to the unique properties of mannitol like good water solubility, low sensitivity towards humidity, cooling sensation in mouth, mannitol is used in pharmaceutical and food industries and is predicted to stimulate mannitol market in the years to come.

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Mannitol also has wide applications in pharmaceuticals as excipients in tablet formulation and helps in curing diseases related to brain and kidney. Therefore, the use of mannitol in pharmaceuticals segment is predicted to rise significantly in future, thereby affecting mannitol market.

The changing lifestyle along with rise in diseases related to sugar consumption in China, Japan and India has strengthened the growth of mannitol market. However, the only challenge to be faced by this market is the slowing down of the global economic growth that negatively impacts the market growth.

The market is categorized on the basis of product, end users, and geography. On the basis of product, market is divided into catalytic hydrogenation technology, natural extraction technology, and others. Based on end users, the market is divided into pharmaceutical industry, food industry, and other applications.

Geographically, the market is segmented as North America, Europe, and Southeast Asia. Owing to the changing lifestyle, Southeast Asia is expected to dominate mannitol market in the coming years. The key players in mannitol market include Cargill, Roquette Frères Company, SPI Pharma, Singsino Group Ltd., Qingdao Bright Moon Seaweed Group Co., Ltd., Hebei Huaxu Pharmaceutical Co. Ltd, Moga International Ltd., Merck Millipore Corporation, Qingdao Yuanrun Chemical Co. Ltd., and Rongde Seaweed Co. Ltd.

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Global Mannitol Application Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2024)
• Food Grade
  • Pharmaceuticals
  • Industrial
  • Surfactants
  • Others

Global Mannitol Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2024)
  • North America
      • U.S.
  • Europe
      • Germany
      • UK
      • Italy
  • Asia Pacific
      • China
      • India
  • Central & South America
  • Middle East & Africa

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Hearing Amplifiers Market Projected To Reach Height of USD 78.2 million By 2025

Growing popularity of the hearing amplifiers over the hearing aids devices is attributed to the lower cost of hearing amplifiers and overall efficiency of the devices.

The global Hearing Amplifiers market size is expected to value at USD 78.2 million by 2022. The market is subject to witness substantial growth due to the prevalence of hearing impairment along with growing cost of hearing aids. Growing popularity of the hearing amplifiers over the hearing aids devices is attributed to the lower cost of hearing amplifiers and overall efficiency of the devices.

Introduction to personal sound amplification products (PSAPs) is expected to favor market growth in the upcoming period as well. Globally, the hearing amplifiers market is predicted to grow at a higher CAGR over the forecast period, providing numerous opportunities for market players to invest in research and development.

The recent technological advancement in the healthcare sector coupled with development of novel products & techniques such as the latest wireless technologies is anticipated to foster market growth in the years to come. The hearing amplifiers offer promising alternatives to patients suffering from temporary or permeant hearing loss, thereby propelling market growth in the recent years. Rising number of cases related to hearing loss cases in the U.S. alone is estimated to be doubled in the next three decades.

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A large number of manufacturers are focusing on development of innovative products that could be embedded in the ear, thus making them invisible in order to overwhelm the social stigma attached with these devices. Additionally, use of Bluetooth connectivity feature in the devices offers patients necessary comfort and improves their quality of life. Moreover, addition of digital signal processing in the healthcare sector is estimated to completely revolutionize the hearing amplifiers industry in the upcoming years.

The recent enhancement in the existing hearing amplifiers products such as digital noise cancellation and speech enhancement are also predicted to foster the market growth over the forecast period. In addition, easy availability of hearing amplifiers in privately owned stores, clinics, large-scale retailers and governmental stores are anticipated to expand the overall market reach in the near future. As per reports, growing trade margins for the hearing aid devices is credited due to growing consumer demand, thus fostering market growth.

As per World Health Organization (WHO), over 5% of the global population currently experiences temporary or permanent hearing impairment. Growing geriatric population, particularly in the developing economies is looked upon as one of the prominent factors driving demand for hearing amplifiers.

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While, approximately one-third of the overall population over age of sixty suffers from disabling hearing loss, which is likely boost market growth over the forecast period as well. In addition, increasing unmet need of such instruments in underdeveloped and developing economies across the globe is anticipated to drive the growth of hearing amplifiers market in the upcoming years.

On-the-ear hearing amplifiers is considered as one of the fastest growing segment in the hearing amplifiers market with significant revenue generation in the last couple of years. Growing popularity of the on-the-ear hearing aids market segment is attributed to the numerous benefits associated with it such as its better efficiency, high connectivity, and ease of use.

The hearing amplifiers industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. European region has shown major growth in recent years owing to the rise in the implementation of latest technologies in medicine and pharmaceutical sector, increase in the geriatric population, higher purchasing power of the patients, and existence of well-established infrastructure in the healthcare industry.

Asia-Pacific region is predicted to hold major market share in the hearing amplifiers industry with massive growth in the forecast period. Countries such as India, China, and Japan are leading the Asia-Pacific market with presence of large patient pool, soaring geriatric population, growing in hearing-related problems, rising health awareness among the general population, increasing healthcare infrastructure activities, and growing government funding coupled with significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the hearing amplifiers industry are SoundHawk Co., GN ReSound, Foshan Vohom Technology Co., Sound World Solution, Inc., Shenzhen LA Lighting Company Ltd., Austar Hearing Science & Technology (Xiamen) Co., Huizhou Jinghao Electronics Co., and ZipHearing LLC.

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