Healthcare – Latest Market Trends

Augmented Reality (AR) & Virtual Reality (VR) in Healthcare Market Projected To Reach Height of USD 5.1 Billion By 2025

The global Augmented reality (AR) & virtual reality (VR) in healthcare market size is expected to value at USD 5.1 billion by 2025. The augmented reality (AR) & virtual reality (VR) in healthcare industry is subject to witness a substantial growth due to the growing implementation of augmented reality (AR) and virtual reality (VR) in healthcare sector, increasing focus towards development of latest technologies, and recent infrastructural activities in healthcare sector.

Factors responsible for sustained market growth in the last few years include increasing focus on surgical simulations, diagnostic imaging, patient care management, rehabilitation, and pain management. Globally, the augmented reality & virtual reality in healthcare market is predicted to grow at CAGR of 29.1% in forecast period providing numerous opportunities for market players to invest in research and development in the augmented reality (AR) & virtual reality (VR) in healthcare industry.

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Increasing adoption of advanced technologies such as augmented reality (AR) & virtual reality (VR) are expected to revolutionize the healthcare sector due to their vast set of applications such as virtual training exercises for surgeons during complex surgeries, 3-D OPDs simulations, phobia buster in mental health treatment, and chronic pain management.

Virtual reality (VR) technology is widely adopted in Eye Movement Desensitization and Reprocessing (EMDR) therapy. Additionally, virtual reality (VR) technology aids in treatments such as autism therapy, depression therapy, cancer therapy and rehabilitation. Virtual reality (VR) technology based organ prototypes helps surgeons by preparing them for highly-sensitive and complex set of operations that require high accuracy, lessened complications and minimum trauma cases.

Growing popularity of augmented reality (AR) as a training and education tool is expected to widen the market reach in forecast period. Additionally, increasing use of augmented reality based apps include enhanced care for patients across the globe. Inception of highly advanced technology solutions such as vein visualization technology, which is implemented on a handheld scanner, helps healthcare professional, doctors and nurses to identify veins and valves accurately in time constrained environment to reduce pain during surgical procedures.

Various augmented reality (AR) android & iOS apps helps healthcare in aftercare of patients and aids elderly people to administer their medications intake. The rise in adoption of augmented reality (AR) & virtual reality (VR) is not only allows better patient care management but also offers real-time services, thus expanding market reach in the forecast period.

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Augmented reality (AR) market segment has witness substantial growth over the forecast period owing to factors such as increasing preference toward AR as a training and education tool by healthcare professionals. Recent technological advancement and growing infrastructural activities in healthcare sector has paved way for increasing demand for augmented reality (AR) in healthcare IT industry.

Other factors attributing to the growth of AR market segment are assistance in patient care & management services, and medical imaging along with head-mounted displays. Growing popularity of augmented reality (AR) in fitness management due to development of numerous AR-based wellness and fitness apps, are transforming the fitness sector.

The augmented reality (AR) & virtual reality (VR) in healthcare market 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 the adoption of latest technologies in medicine and pharmaceutical sector, growing prevalence of neurological & psychological disorders, and existence of well-established healthcare infrastructure. Asia-Pacific region is predicted to hold major market share in the augmented reality & virtual reality in healthcare industry with massive growth in forecast period.

Countries such as India, China and Singapore are leading the Asia-Pacific market with rise in the prevalence of chronic diseases, and increase in number of internet & smartphone users, rise in government initiatives for adoption of digital & advanced technologies and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the augmented reality (AR) & virtual reality (VR) in healthcare market are Intuitive Surgical, Inc., CAE Healthcare Pvt. Ltd., 3D Systems Incorporations, Hologic Incorporations, and Laerdal Medical Corporations.

Market Segment:

Component Outlook (Revenue, USD Million, 2014 – 2025)
• Hardware
• Software
• Service

Technology Outlook (Revenue, USD Million, 2014 – 2025)
  • Augmented Reality
• Surgical Application
  • Rehabilitation
  • Training & Medical Education
  • Virtual Reality
  • Simulation
  • Diagnostics
  • Virtual Reality Exposure Therapy
  • Rehabilitation
  • Pain Distraction

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

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Scar Dressing Market Growing Tremendously with Better Market Opportunities From 2020-2028

JULY 15, 2020: The global Scar Dressing market was valued at $XX million in 2018, and Radiant Research analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2018 and 2028.

This report provides detailed historical analysis of global market for Scar Dressing from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Scar Dressing market.

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Leading players of Scar Dressing including:

Molnlycke Health Care
Smith and Nephew
Scar Heal
Medline
Perrigo
Spenco
Beckon Scientific
Scarguard Labs
Huibo Medical
WEGO
Foryou Medical

Market split by Type, can be divided into:

Big Size
Medium Size
Small Size

Market split by Application, can be divided into:

Surgical Scar
Burn Scar
Traumatic Scar
Others

Market split by Sales Channel, can be divided into:

Direct Channel
Distribution Channel

Market segment by Region/Country including:

North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America Brazil, Argentina, Colombia and Chile etc.)
Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

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Table of Contents

Chapter 1 Scar Dressing Market Overview

1.1 Scar Dressing Definition

1.2 Global Scar Dressing Market Size Status and Outlook (2013-2028)

1.3 Global Scar Dressing Market Size Comparison by Region (2013-2028)

1.4 Global Scar Dressing Market Size Comparison by Type (2013-2028)

1.5 Global Scar Dressing Market Size Comparison by Application (2013-2028)

1.6 Global Scar Dressing Market Size Comparison by Sales Channel (2013-2028)

1.7 Scar Dressing Market Dynamics

1.7.1 Market Drivers/Opportunities

1.7.2 Market Challenges/Risks

1.7.3 Market News (Mergers/Acquisitions/ Expansion)

Chapter 2 Scar Dressing Market Segment Analysis by Player

2.1 Global Scar Dressing Sales and Market Share by Player (2016-2018)

2.2 Global Scar Dressing Revenue and Market Share by Player (2016-2018)

2.3 Global Scar Dressing Average Price by Player (2016-2018)

2.4 Players Competition Situation & Trends

2.5 Conclusion of Segment by Player

Chapter 3 Scar Dressing Market Segment Analysis by Type

3.1 Global Scar Dressing Market by Type

3.1.1 Big Size

3.1.2 Medium Size

3.1.3 Small Size

3.2 Global Scar Dressing Sales and Market Share by Type (2013-2018)

3.3 Global Scar Dressing Revenue and Market Share by Type (2013-2018)

3.4 Global Scar Dressing Average Price by Type (2013-2018)

3.5 Leading Players of Scar Dressing by Type in 2018

3.6 Conclusion of Segment by Type

Chapter 4 Scar Dressing Market Segment Analysis by Application

4.1 Global Scar Dressing Market by Application

4.1.1 Surgical Scar

4.1.2 Burn Scar

4.1.3 Traumatic Scar

4.1.4 Others

4.2 Global Scar Dressing Sales and Market Share by Application (2013-2018)

4.3 Leading Consumers of Scar Dressing by Application in 2018

4.4 Conclusion of Segment by Application

Chapter 5 Scar Dressing Market Segment Analysis by Sales Channel

5.1 Global Scar Dressing Market by Sales Channel

5.1.1 Direct Channel

5.1.2 Distribution Channel

5.2 Global Scar Dressing Sales and Market Share by Sales Channel (2013-2018)

5.3 Leading Distributors/Dealers of Scar Dressing by Sales Channel in 2018

5.4 Conclusion of Segment by Sales Channel

Continued…………….

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Pulmonary Arterial Hypertension Market Size, Share & Trends Analysis Report 2019 To 2026

OCT 29, 2019: The global Pulmonary Arterial Hypertension market size is expected to reach USD 9.3 billion by 2026, according to a new report by Radiant Insights, Inc. It is projected to progress at a CAGR of 5.6% during the forecast period. Increasing prevalence of Pulmonary Arterial Hypertension (PAH) and government support for the development of orphan drugs are fueling the growth.

The cases of PAH are rising in the range of 100,000 to 200,000 per year. However, in the past few years, the occurrence of this disorder has intensified due to the risk factors such as alcohol/tobacco consumption, HIV, sedentary lifestyle, smoking, and other idiopathic conditions. Presence of a large geriatric population, with lower levels of immunity and prone to PAH and associated diseases, is a high impact-rendering driver for the PAH market. Though the beginning age for PAH is 45 years, it is often observed to occur in the population over 60 years of age.

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Government initiatives, such as the Rare Disease Act 2002 and The Orphan Drug Act (ODA) 1983 are also anticipated to support market growth. These are the two most vital acts that promote the ethical usage and distribution of orphan drugs. Development of orphan drugs is promoted by the National Organization of Rare Disorders and have a smaller market share.

Further key findings from the study suggest:

• Based on drug class, prostacyclin and its analogs are projected to witness lucrative growth over the forecast period. The sales of these drugs are anticipated to grow sharply, primarily due to the expected growth in oral prostacyclin agents

• North America held the leading market share of 58.3% in terms of revenue in 2018, attributed to supportive infrastructure for the development and distribution of high-quality therapies. Moreover, availability of reimbursement on PAH therapies supported the growth

• Asia Pacific is anticipated to expand at the fastest CAGR of 6.7% over the forecast period due to its huge population base, rapid economic developments, and improving healthcare systems. Besides, high burden of diseases such as HIV that are responsible for the development of PAH foster the regional market growth

• Major players operating in the pulmonary arterial hypertension market include GlaxoSmithKline Plc.; Actelion Pharmaceuticals, Ltd.; United Therapeutics Corporation; Pfizer, Inc.; and Gilead Sciences, Inc. The market is consolidated and competitive in nature. Companies enjoy the benefit of barrier in the entry to other firms due to high price interdependency.

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Table of Contents

Chapter 1 Methodology and Scope

1.1 Market Segmentation & Scope

1.1.1 Drug

1.1.2 Regional Scope

1.1.3 Estimates And Forecast Timeline

1.2 Research Methodology

1.3 Information Procurement

1.3.1 Purchased Database

1.3.2 Internal Database

1.3.3 Secondary Sources

1.3.4 Primary Research

1.3.5 Details Of Primary Research

1.4 Information or Data Analysis

1.4.1 Data Analysis Models

1.5 Market Formulation & Validation

1.6 Model Details

1.6.1 Commodity Flow Analysis (Model 1)

1.6.1.1 Approach 1: Commodity Flow Approach

1.6.2 Volume Price Analysis (Model 2)

1.6.2.1 Approach 2: Volume Price Analysis

1.7 List of Secondary Sources

1.8 List of Primary Sources

1.9 List of Abbreviations

1.10 Objectives

1.10.1 Objective – 1:

1.10.2 Objective – 2:

1.10.3 Objective – 3:

1.10.4 Objective – 4:

Chapter 2 Executive Summary

2.1 Market Outlook

2.2 Segment Outlook

2.3 Competitive Insights

Continued……

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Healthcare Cloud Computing Market Trends, Share, Size, Growth Until the End of 2026

AUG 09, 2019: The global healthcare cloud computing market size is expected to reach USD 27.8 billion by 2026, according to a new report by Radiant Insights, exhibiting a CAGR of 11.8% over the forecast period. The associated benefits of data analytics and increase in demand for flexible & scalable data storage by healthcare professionals is expected to drive the demand for these services over the forecast period.

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Healthcare organizations are digitalizing their IT infrastructure and deploying cloud servers to improve features of systems. These solutions help organizations in reducing infrastructure cost & interoperability issues and aid in complying with regulatory standards. Hence, rising demand from health professionals to curb IT infrastructure costs and limit space usage are anticipated to boost market growth over the forecast period.

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Increase in government initiatives undertaken to develop and deploy IT systems in this industry is one of the key drivers of this market. Moreover, increase in partnerships between private & public players and presence of a large number of players offering customized solutions are some of the factors anticipated to drive demand in the coming years.

Further key findings from the study suggest:

• Non-clinical information systems such as revenue cycle management, health information exchange, financial management, etc., accounted for the largest revenue share in application segment in 2018

• Financial management segment held 23.0% share of the non-clinical segment in 2018 while billing and accounts management is expected to grow at the considerable CAGR during the forecast period

• Private deployment model dominated the overall market owing to its benefits and ease of usage

• Software as a Service (SaaS) model accounted for the largest revenue share as of 2018 as it is widely accepted. This model enables access to applications on a cloud from various devices

• Pay-as-you-go pricing model is anticipated to gain popularity in the coming years, as the consumer only pays for services being used

• North America dominated the market with a share of over 55.0% in 2018. This can be attributed to an increase in demand from payers as well as providers

• Some key players of this healthcare cloud computing market include Athenahealth, Cerner Corporation, CareCloud Corporation, Carestream Corporation, Epic Systems Corporation, Dell Inc., and Sectra AB

• Companies are forming various strategic alliances with clinical research organizations and medical devices companies to further expand their profit margins in the healthcare IT sector. These type of strategic collaborations are expected to aid market growth in the coming years.

Table of Contents

Chapter 1 Methodology and Scope

1.1 Market Segmentation and Scope

1.1.1 Application

1.1.2 Deployment model

1.1.3 Pricing model

1.1.4 Service model

1.1.5 End use

Chapter 2 Executive Summary

2.1 Market Outlook

2.2 Segment Outlook

2.3 Competitive Insights

Chapter 3 Healthcare Cloud Computing Market Variables, Trends, and Scope

3.1 Market Lineage Outlook

3.1.1 Parent market outlook

3.1.2 Ancillary market outlook

Continued…

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Sodium Hyaluronate Eye Drops Market Outlook and Growth Stance Forecasted Through 2028

JULY 17, 2019: The global Sodium Hyaluronate Eye Drops market was valued at $XX million in 2018, and Radiant Research analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2018 and 2028.

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This report provides detailed historical analysis of global market for Sodium Hyaluronate Eye Drops from 2013-2018 and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Sodium Hyaluronate Eye Drops market.

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Leading players of Sodium Hyaluronate Eye Drops including:

• URSAPHARM Arzneimittel GmbH

• Santen

• Bayer Inc.

• Bausch & Lomb

• Johnson & Johnson

• The United Laboratories

• Alcon

• Novax Pharma

• Rohto

• Thea Pharmaceuticals

• Scope Ophthalmics Ltd

• Prestige Consumer Healthcare

• Medicom Healthcare Ltd

• Altacor

• Optrex

Market split by Type, can be divided into:

• 0.001

• 0.0015

• 0.003

• Others

Market split by Application, can be divided into:

• Dry Eye

• Rewetting

• Others

Market split by Sales Channel, can be divided into:

• Direct Channel

• Distribution Channel

Market segment by Region/Country including:

• North America (United States, Canada and Mexico)

• Europe (Germany, UK, France, Italy, Russia and Spain etc.)

• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

• South America Brazil, Argentina, Colombia and Chile etc.)

• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

Table of Contents

Chapter 1 Sodium Hyaluronate Eye Drops Market Overview

1.1 Sodium Hyaluronate Eye Drops Definition

1.2 Global Sodium Hyaluronate Eye Drops Market Size Status and Outlook (2013-2028)

1.3 Global Sodium Hyaluronate Eye Drops Market Size Comparison by Region (2013-2028)

1.4 Global Sodium Hyaluronate Eye Drops Market Size Comparison by Type (2013-2028)

Chapter 2 Sodium Hyaluronate Eye Drops Market Segment Analysis by Player

2.1 Global Sodium Hyaluronate Eye Drops Sales and Market Share by Player (2016-2018)

2.2 Global Sodium Hyaluronate Eye Drops Revenue and Market Share by Player (2016-2018)

Continued….

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