Medical Device

Cataract Surgery Devices Market Manufacturing Cost Structure Analysis – 2017-2023

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Summary: “Cataract Surgery Devices Market” by Product [Intraocular Lens (IOL), Ophthalmic Viscoelastic Devices (OVD), and Phacoemulsification Equipment], by Type [Equipment and Consumables]

Cataract is a condition in which clouding of the lens occurs. Cataract surgery devices are instruments and consumables, such as intraocular lens (IOLs), salt solutions, forceps, syringe, liquids for scrubbing, and various hand pieces, which aid in a cataract surgery. These surgery devices help enter vitreous cavity and separating the natural lens from the cavity.

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Increase in incidences of diseases such as diabetes, obesity, and hypertension. In addition, the growth in geriatric population also boosts the growth of the market as geriatric population is more prone to cataract ailments. However, dearth of skilled professionals restrain the growth of the market. Moreover, government and non-profit organizations introduce programs to reduce the burden of cataract-related diseases globally, which create lucrative opportunities for key market players.

The consumables segment generated the highest revenue in 2016 accounting for two-thirds share of the global market, and is anticipated to dominate the market throughout the forecast period. This is attributed to the increase in demand for cataract surgeries, which in turn boost the growth of the consumables segment.

The ophthalmology clinics segment accounted for the three-eighths share of the global market in 2016, and is expected to register the highest CAGR of 4.7% during the forecast period. This is attributed to the increase in awareness among individual due to the various camps and activities conducted by ophthalmology clinics. In addition, ophthalmology clinics also has a vast range of cataract surgical equipment, which are mostly scarce in hospital settings.

Key Findings of the Cataract Surgery Devices Market:

  • The phacoemulsification systems segment accounted for one-third share of the total market in 2016 and is expected to grow with a high CAGR of 4.4% during the forecast period.
  • The equipment segment is the fastest growing type of cataract surgery devices of global market in 2016, and is expected to grow at a CAGR of 4.6% during the forecast period.
  • The U.S. dominated the North America cataract surgery devices market, accounting for the maximum share of the global market in 2016.
  • Asia-Pacific is exhibited to grow at a significant CAGR of 5.9% during the forecast period.
  • China was the fastest growing country in the Asia-Pacific cataract surgery devices market in 2016, registering a CAGR of 9.3%, and is anticipated to continue this trend during the forecast period.
  • The hospitals segment contributed to the highest market share in 2016, registering a CAGR of 4.0% from 2017to 2023.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Future Outlook of “Nurse Call Systems Market” Explore the 2017 to 2023 Trends

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Nurse Call Systems

Summary: “Nurse Call Systems Market” includes Market Size, Share, Trends, Growth, Demand, Supply, Application, production, capacity utilization, supply, Analysis and Forecast

Nurse call system is a type of alarm system used in hospitals for alerting nurses in case a patient needs assistance. These systems have reduced waiting time for patients, provide hotel like caretaking experience, and enable nurses to focus on patient care. In addition, constant technological developments, large pool of geriatric population, rise in incidence & prevalence of chronic diseases, and increase in government healthcare expenditure globally drive the market growth. However, stringent government regulations are expected to restrain the market growth during the forecast period.

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Based on technology, the wired systems market segment held the highest share in 2016, owing to the less complexity, high reliability to setup wired nurse call systems, and low maintenance compared to wireless nurse call systems.

Based on equipment, the integration communication systems held the highest market share in 2016, owing to the increasing investments in hospitals and advance technology; however, mobile systems are easy to use and are more preferred by consumers and have witnessed the highest CAGR.

Based on application, the emergency medical alarms segment contributes to the highest market share in 2016, owing to the quick response assistance in case of emergency.

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Based on end-users, the hospitals segment accounted for the highest market share in 2016, owing to the increase in number of hospitals worldwide and rise in government expenditure in healthcare sectors.

North America accounted for more than two-fifths share in 2016, and is expected to dominate the market throughout the forecast period and is attributed to increase in incidence of chronic diseases due to rise in geriatric population and well-established healthcare systems. In addition, lucrative growth opportunities in the emerging countries is anticipated to provide new growth opportunities for the key players in the market. However, Asia-Pacific is estimated to register the highest growth rate during the forecast period, owing to rise in healthcare expenditure, increase in per capita income, growth in demand for healthcare devices from large pool of patient population, and improvement in healthcare infrastructure.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Global Spinal Fusion Devices Market is Projected To Reach $7,435 Million by 2022

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Spinal Fusion Devices.jpg

Allied Market Research added new research report on “Spinal Fusion Devices Market” includes Industry Size, Share, Trends, Growth, Demand, Supply, Market Development, Analysis and Forecast

Spine fusion devices are used to treat the disorders associated with the spine. These devices restore the functionality and maintain the normal alignment of the spine. Spine fusion devices are categorized into thoracolumbar devices, cervical fixation devices, and interbody fusion devices.

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The global spinal fusion devices market is driven by factors such as advent of minimally invasive spine surgery techniques and rise in incidence of spinal disorders. In addition, surge in geriatric population is anticipated to fuel the demand for spinal fusion devices, globally. However, unfavorable reimbursement scenario and stringent regulatory approval process hamper the market growth.

The thoracolumbar fusion devices segment generated the highest revenue in the global market, and accounted for more than two-fifths share of the global market. In addition, the interbody fusion devices segment is expected to grow at a CAGR of 3.6% during the forecast period.

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North America accounted for the majority revenue share in 2015, and is expected to maintain this trend during the forecast period. However, the Asia-Pacific region is projected to grow rapidly, registering a CAGR of 4.6% during the forecast period. Improving healthcare infrastructure and increase in expenditures in the emerging markets, such as India and China, to cater to the unmet medical needs in these countries have bolstered the market growth.

The key players in the spinal fusion devices market have focused on expanding their business operations in the fast-growing economies by adopting the product launch strategy. The major companies profiled in the report include Alphatec Holdings, Inc., B. Braun Melsungen AG, Depuy Synthes (Johnson & Johnson), Exactech, Inc., Globus Medical, Inc., Medtronic plc, NuVasive, Inc., Orthofix International N.V., Stryker Corporation, and Zimmer Biomet Holdings, Inc.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Respiratory Care Devices Market Expected to Reach $21,300 Million by 2022

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Respiratory Care Devices

Summary: “Respiratory Care Devices Market” the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Respiratory Care Devices Market Report, published by Allied Market Research, suggests that the global respiratory care devices market was valued at $12,890 million in 2015, and is projected to reach $21,300 million by 2022, registering a CAGR of 7.4% from 2016 to 2022.The therapeutic segment dominated the global market, accounting for more than half of the total market share in 2015.

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Respiratory care is a healthcare specialty, which is focused on improving cardiopulmonary functions and promoting health & wellness. These devices are majorly classified into therapeutic, diagnostic & monitoring devices, and consumables & accessories. These devices are used to deal with medical conditions such as asthma, chronic obstructive pulmonary disease (COPD), and other acute & chronic respiratory diseases. Respiratory care devices are used in hospitals and homecare settings. The market for respiratory care devices have experienced a paradigm shift from stationary to portable devices. Increased adoption of portable devices has been a significant trend in the industry.

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The global respiratory care devices market is driven by factors such as increase in prevalence of respiratory diseases, rapid urbanization, rise in pollution level, growth in geriatric population, and increase in tobacco consumption worldwide. In addition, governmental support has fueled the market growth. Moreover, high demand for therapeutic devices in homecare settings and increased healthcare spending are anticipated to provide lucrative opportunity for the market players. However, large pool of undiagnosed population and risks associated with certain therapeutic devices for neonates hamper for the growth of the respiratory care devices market.

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The inhalers segment accounted for the major share in the respiratory care therapeutic devices market, and is expected to continue its dominance throughout the forecast period. This segment is expected to grow at a CAGR of 7.1% during 2016-2022, owing to high prevalence of respiratory diseases such as COPD and asthma among all age groups.

According to Deepa Tatkare, Senior Research Analyst, Healthcare at Allied Market Research, The use of respiratory care devices is expected to increase in the near future, owing to the spiraling rise in prevalence of chronic respiratory diseases, such as COPD and asthma. North America dominates the global respiratory care devices market, and is expected to maintain its lead throughout the forecast period, owing to the high adoption rate of respiratory devices.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

North American Electrosurgical Devices Market by Type Opportunity Analysis and Industry Forecast, 2014-2022

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Allied Market Research adds “Electrosurgical Devices Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

Electrosurgical devices are widely used in various surgeries such as neurosurgery,general surgeryand orthopedic surgeries to cut, coagulate, dissect, fulgurate, ablateand shrink tissues. The major factors that drive the growth of this market include increase in the number of surgical procedures, rise in geriatric population, and increase in the demand of minimally invasive surgeries. However, stringent FDA rules for product approval is anticipated to restrain the market growth during the forecast period.

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The electrosurgery instruments & accessories segment held the largest market share in 2015, and expected to grow at the highest CAGR of 8.5% during the analysis period. This is attributed to surge in adoption and demand for electrosurgical devices in various surgeries and rise in number of surgical procedures.

The general surgery application segment held the largest market share in 2015 due to high adoption rate of electrosurgical devices. The cosmetic surgery segment is expected to grow at the fastest CAGR of 9.3% owing to increase in number of aesthetic surgical procedures.

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North America was the highest revenue contributor in 2015, owing to increase in healthcare expenditure, well-established healthcare system, and higher demand for technically advanced electrosurgical devices. However, Asia-Pacific is projected to be grow with the highest CAGR of 10.4% due to rise healthcare expenditure, increase in per capita income, and improvement in healthcare infrastructure.

The major companies profiled in the report include B. Braun Melsungen AG, Bovie Medical Corporation, Megadyne Medical Products, Inc., Conmed Corporation, Medtronic Plc., Johnson & Johnson, ERBE Elektromedizin GmbH, KLS Martin Group, Olympus Corporation, and Utah Medical Products, Inc.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Cosmetic Implants Market Is Expected to Reach $10,708 Million, Globally by 2022

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Cosmetic Implants

Allied Market Research adds “Cosmetic Implants Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

Major factors that drive the market growth include growth in technological advancements (such as advent of gummy bear implants), rise in incidence of congenital defects, increase in adoption of Cosmetic Implants to improve the aesthetic looks, rise in the number of cosmetic surgeons, emergence of minimally invasive reconstruction surgeries, and rise in geriatric population. The rise in the number of application areas of cosmetic implants namely Penile implants, Calf implants, Pectoral implants, and eyelid implants are anticipated to further drive the demand for cosmetic implants. However, unfavorable reimbursement policies, high cost of the cosmetic procedures, such as breast implantation, and malfunctioning hazards restrict the market growth.

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Cosmetic implants are available in various shapes and sizes to suit the body contour of patients and used in dentistry, breast augmentation surgeries and face reconstructive surgeries. In addition, cosmetic implants are also used to enhance the shape of buttocks, calf, and pectoral regions. The dental implants segment accounted for a major market share in 2015, owing to the wide adoption in the tooth replacement procedures and their ability to help in the preservation of the natural tooth structure. Facial implants (chin implants, jaw implants, cheek implants, nasal implants, eyelid implants, and injectable implants) was the second dominating segment in cosmetic implant market with more than one-fourth share in 2015.

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Geographically, North America accounted for major market share in 2015, and is expected to maintain its lead throughout the forecast period. This growth is attributed to the increased adoption of cosmetic implants to improve aesthetic looks, rise in geriatric population (cosmetic implants reverse the process of ageing), and increase in prevalence of road accidents and trauma cases. However, regulatory framework concerns and high cost of treatment in North American countries are expected to hamper the market growth. Asia-Pacific is projected to grow at the fastest rate owing to high population, high disposable incomes, and rise in awareness. Asia-Pacific is a lucrative market for the cosmetic implants due to Medical tourism and technological advancements. Technological advancements (such as injectable fillers and gummy bear implants) to develop cost-effective devices in these nations offer a lucrative opportunity for the market growth. In Asia-Pacific, India, China, and Australia are projected to be the most progressive countries for cosmetic surgical procedures and this trend is expected to continue in the near future. This is due to the fact that cosmetic surgery has evolved beyond the traditional concept of being a risky or impractical procedure, which was demanded only by women who were conscious about their appearance.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Global Ablation Devices Market Analysis with Trends and Operational Strategies

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Allied Market Research adds “Ablation Devices Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.

Ablation Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $6,658 million by 2022, registering a CAGR of 11.7% during the period 2016-2022. Thermal ablation devices segment is estimated to dominate the market throughout the analysis period. About two-thirds of the world ablation devices market share was captured by cardiovascular and cancer segment in 2015.

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Ablation is a minimally invasive procedure that treats various chronic diseases such as cancer and pulmonary conditions, as well as used for aesthetic procedures. The market is expected to grow at a significant rate due to various advantages of ablation procedures (short time duration, minimized blood loss and damage to healthy organs and tissues, operator friendly) over conventional methods such as chemotherapy, as it has high side-effects. The introduction of innovative and advanced ablation technologies and the increase in the prevalence of chronic diseases and awareness about the procedure would contribute towards the market growth. However, the market growth is hindered by unstable reimbursement policies, stringent government regulations, limited awareness, and high cost of the procedure.

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Thermal segment dominated the world ablation devices market in 2015 and is expected to continue with its dominance throughout the forecast period. This is attributed to the various applications of thermal ablation devices for cancer and cardiovascular surgeries. However, owing to the higher success rate and advantages, non-thermal technologies is estimated to be the fastest growing segment propelling at an estimated CAGR of 17.7%.

In the year 2015, cancer segment held the majority of the market share due to increase in the number of cancer patients and high precision of ablation techniques to destroy cancer cells. In addition, it is estimated to retain its market position throughout the forecast period, registering a CAGR of 11.4%. Cardiovascular is anticipated to be the fastest growing segment, as cardiac ablation provides site-specific treatment and prevents infection to the surrounding tissues.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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