The sports medicine market is inclusive of numerous medical equipment that are routinely utilized to address mild to severe injuries caused due to sports and other physical activity. Chronic diseases and lifestyle-related habits contribute to approximately 75.0% of the health costs.
The brain cells are active all the time and they communicate through electrical impulses. EEG is an electrophysiological and noninvasive monitoring technique that is used to record electrical activity of the brain. EEG records the spontaneous electrical activity of the brain by using multiple, small, flat metal discs (electrodes) that are placed on the scalp.
Orthopedic & related disorders are usually seen amongst the young and geriatric population. Orthopedic diseases related to musculoskeletal system are increasingly contributing to the growth of orthopedic braces and supports market. Incidence of musculoskeletal disorders, such as osteoarthritis and osteoporosis, is rising.
Diabetes mellitus is a chronic disease affecting people of nearly all age groups. Type 1 diabetes, indicating insulin deficiency, is generally found amongst pediatric population and young adults. As per the estimates of the American Diabetes Association, only 5% of the overall diabetic population have type 1 diabetes. On the other hand, type 2 diabetes indicates insulin resistance and is the most common type of diabetes occurring amongst people.
Bone densitometer is a medical device designed to accurately measure bone density. It is primarily use in the detection of metabolic bone diseases, such as osteoporosis, which are characterized by low bone mineral density and high risk of fractures. Osteoporosis is also characterized by gradual loss in calcium and bone structural changes.
Genomics is a branch of molecular biology that deals with the study of genes, chromosomes and their functions. It concerns with analysis and sequencing of individual’s genome for performing genetic mapping for disease diagnosis and treatment. Genomics involves the study of intragenomic processes such as heterosis, pleiotropy, epistasis and the interactions between loci and alleles within the genome.
Coronary Artery Bypass Graft (CABG) is usually performed to restore blood flow to the heart, in case of blocked coronary arteries. CABG is also called as heart bypass surgery, bypass surgery, colloquially heart bypass, and coronary artery bypass surgery. Various approaches and surgical procedures are used to perform this procedure.
Point of Care (POC) diagnostics are tests that are designed to be used near the patient site which do not require a dedicated permanent area and are conducted outside clinical spaces. The major drivers of this market include increased aging population, immediate test results and rising market penetration of EMR (Electronic Medical Records) and PACS (Picture Archiving and Communication Systems). Additionally, shortage of skilled staff at the diagnostics facilities is expected to aid POC market penetration and positioning. Out-care patient model which is an initiative taken by the governments to reduce stay in the hospitals along with homecare and other health care facilities are expected to help in promoting POC diagnostics. POC diagnostics have initiated a decentralized trend in the healthcare industry which facilitates patients to be catered at remote locations, get early diagnostics and reduce costs.
The medical foods market is segmented on the basis of route of administration, product type, application area, and region. The growing awareness about the importance of medical foods in disease treatment and patient recovery is rapidly boosting its usage. The medical foods market valuation in 2015 was in excess of 12.3 billion and is set to almost double by 2025.
Maintenance of body temperature within a normal range is a vital for survival of human life. Fluctuation in body temperature is the preliminary symptom of various infectious and metabolic disorders.
Based on the report published by the CNN International Edition in October 2015, a rapidly growing number of women visiting fertility clinics is creating a void between demand and supply of sperms. The increasing need of sperms for managing infertility is one of the crucial factors expected to boost the market over the forecast period.
Many countries have favorable policies to help its residents take care of their health through various healthcare acts and policies. However, there are not many policies aiding funeral costs even in developed regions such as North America and Europe. However, there are government programs to compensate for funeral costs of war veterans and for those who cannot afford funeral costs for the dear ones (if they qualify for it).
Globally, recent commercialization & expected launch of the targeted-therapy agents in the market, rising incidence of non-small cell lung cancer (NSCLC) due to increasing pollution, and growing adoption of newer agents during the forecast period are likely to drive the market over the coming years.
Skin care diseases are growing to a large extent throughout the world with rise in pollution and ultraviolet rays. Psoriasis and eczema are considered as one of the major concerns pertaining to skin diseases. Acne is also another skin related problem, which disturbs the esthetic appeal of people, especially women. In order to combat such skin disorders, major companies are engaging into the manufacturing of technologically advanced products through phototherapy treatment.
Although pregnancy was rife with many risks during earlier times, it has evolved to become a less-complicated procedure due to the advent of modern medicines & technological equipment. Developing countries are overcoming problems such as illiteracy, inadequate infrastructure, and inefficient transport system to reduce the existing high maternal and neonatal morbidity and mortality rates.
Increasing geriatric population, changing lifestyle, and an increase in patients suffering from Peripheral Artery Disease (PAD) are some of the major drivers of the atherectomy devices market. Continuous clinical trials to introduce and identify optimal interventions for treating PAD is another factor that can be attributed to the growth over the coming years.
Research data suggests that medical imaging technologies will play a key role in the future of medical diagnostics and therapeutics. Especially, developing economies are expected to lead the demand for medical imaging technologies for efficient treatment and diagnostics of diseases.
Some of the most common applications of flow cytometry include immunophenotyping, cell sorting, cell proliferation assays, and intracellular calcium flux. The associated advantages with its usage such as user friendliness, specialized research & clinical applications, and fluorescence capabilities are anticipated to drive the market growth over the forecast period.
The prime reason for rising overweight and obese population is sedentary lifestyle, physical inactivity, and rapid growth of fast food industry. According to the World Health Organization (WHO), more than 50.0% of the global population was obese in 2014 and the number is expected to rise.
Utilizing local agents to achieve hemostasis represents traditional methods of surgery. However, the development of new materials in chemical hemostasis with new chemical properties, mechanisms of action, and applications has replaced traditional surgical procedures.
Clinical chemical analyzers include increasing use of devices and reagents for the measurement of varying levels of sugars, proteins, and other components in the blood. Clinical chemistry testing is carried out to detect disease and its stage of progression. In addition, they help accurately determine condition and state of clinical functions, such as liver function, kidney function, nutrition levels, and others.
Antipsychotic drugs are widely used for treatment of psychotic disorders and other mental illnesses. Psychotic disorders involve conditions such as schizophrenia; different types of bipolar disorders, such as anxiety or mania; major unipolar disorder; dementia; and other mental diseases.
Oligopolistic nature of most medical device markets coupled with increasing buyer awareness levels has forced manufacturers to adhere to business strategies involving constant R&D investments and new product innovations. These endeavors significantly increase expenditure levels and medical device OEMs are therefore, rapidly adhering to subcontracting as an effective cost curbing tool.
While there is high demand for measures to minimize the complications in surgeries, including bleeding and unintended tissue cuts, and decrease post-surgery healing time, electrosurgery has proven to efficiently satisfy almost all these needs.
Pharmaceutical analytical testing outsourcing services market is driven by innovation in pharmaceutical industry, increasing focus on regulatory, safety & quality, end-user volume, and pricing. Various categories of tests which are outsourced include bioanalytical tests, method development & validation, and stability testing.
Increasing efforts by governments and healthcare agencies to limit the spread of infectious diseases through awareness programs and routine checkup camps. These efforts are resulting in relatively reduced spread of infections. However, usage of NAAT is rapidly increasing with these awareness programs and routine checkup camps.
Magnetic resonance imaging (MRI) is a scanning technique that uses strong magnetic field and radio waves to produce detailed images of internal structure of body. These images are displayed on a computer screen using various software. To obtain better images, contrast agent (Gadolinium) is given intravenously to obtain better resolution image after scanning in some cases.
Scars commonly develop in almost every individual’s body. These form naturally as a part of healing process of any wound. Scars commonly occur in the form of acne; however, there are other types of scars experienced by people. These include surgical scars, injury scars, burns or contracture scars, hypertrophic scars, keloid scars, and stretch marks.
Over a decade, human population has been exposed to new forms of viral infections. Infectious diseases such as H1N1, Ebola, Marburg viruses, SARS-, and MERS-Corona are some of them infecting more than thousands of people in various regions. The outbreaks occur usually in developing countries, but are estimated to spread over the globe through transportation facilities.
Disposable blood pressure (BP) cuffs are used in the blood pressure monitoring and are segmented on the basis of call points. On the basis of its call points, it is classified into surgeons, physicians, and clinicians. The market is expected to witness the fastest growth owing to the presence of factors such as rising concern towards patient safety and growing awareness levels amongst the end users.
Ultrasound image analysis software is increasingly used in the present scenario owing to high demand for 3D&4D medical imaging in the developed as well as developing economies. A significant rise in government funding and investments across a wide array of healthcare services is anticipated to present the market with potential growth opportunities.
The number of people aged 60 and above has been substantially increasing in the recent years in most of the regions and is expected to keep growing over the coming years. The geriatric population is more prone to the development of pressure ulcers. The pressure relief devices market is grouped into low-tech devices and high-tech devices, based on device type.
Patient warming systems assist the healthcare professional prevent unintentional hypothermia and related complications. There are various types of patient warming systems, including in-line intravascular warming systems, surface warming systems, and cabinet systems. The intravascular warming systems are used for acute care and perioperative care in operating rooms, ICUs, emergency rooms, recovery rooms, and preoperative care units. In many cases, anesthesia provided to patients before surgery makes their body temperature low.
Pancreatic cancer is one of the deadliest cancer and has surpassed breast cancer, moving from the fourth leading cause of cancer-related death in the U.S. to the third position. According to the Pancreatic Cancer Action Network, in 2016, it was estimated that in the coming years, 53,070 Americans will be diagnosed with pancreatic cancer, and 41,780 will die from the disease. While the overall cancer-related deaths are decreasing, mortality rates associated with pancreatic cancer are constantly increasing.
Medical equipment sterilization is one of the most significant procedures in hospitals, laboratories, and other medical institutions. Hospitals are quite prone to various microorganisms such as bacteria, fungi, and viruses that can cause serious health complications to patients. With usage of non-sterilized instruments, there is a very high chance of transmission of a disease from one patient to another, leading to various hospital-acquired infections.
In vitro diagnostics (IVD) is a type of medical test to help detect and diagnose diseases or infections and determine a course of treatment, under a controlled environment such as a laboratory. The global IVD market is expected to grow owing to increase in demand for non-invasive medical procedures and high prevalence of chronic and infectious diseases such as tuberculosis (TB), cardiovascular diseases, cancer and diabetes. The speed of results generated also play a significant role in selecting a diagnostic tool/technique. Rapid diagnostic tests such as cartridge based molecular technology helps deliver TB diagnosis results in less than two hours and thereby help in early detection, better control and limit the prevalence of a disease in a region or country.
Behavioral illness can be diagnosed by monitoring thoughts (abnormal), behavior, or feelings for a specific amount of time, which result in distress or other types of emotional and physical impairment. Depression and anxiety disorders are few of the leading causes of mental illness globally, hence, increasing the need for development of innovative therapies and medications in the near future.
Healthcare mobility solutions help in simplifying complex business processes & workflow management in hospitals and boost operational efficiency of the company. The aforementioned benefits with its usage are anticipated to drive the industry growth over the forecast period. Moreover, increasing usage of social media in healthcare is anticipated to fuel demand in the coming years.
Development and commercialization of advanced blood collection & separation products that are more specific and reliable are expected to propel the blood collection market growth. In addition, rising incidence of infectious and noninfectious diseases is likely to boost the market growth over the forecast period from 2016 to 2025. For instance, in the U.S., around 44,073 people were diagnosed with HIV infection in 2014.
The word “catheter” originates from a Greek word and it means to “to let or send down”. Urinary catheters have been in use since 3000 B.C. to relieve pain from urinary retention. Urinary catheters have wide application in cases where a patient is unable to empty the bladder and the functioning of the bladder is impaired.
Animal health management includes prevention, control, and possible eradication of highgly prevalent diseases. Wide array of measures have been taken in order to ensure high-quality veterinary care. In addition, establishment of various government as well as private organizations to improve animal care facilities and eradicate diseases is one of the key serving factors of this market.
The discovery of novel technologies that provide the ability to easily edit genomic acids is the key that has unlocked a new era in therapeutic design. While a number of important questions remain, we believe the potential for enormous improvements in the treatment of many diseases is indisputable and exciting. Molecular scissors technology has the potential to take precision medicine to the next level.
Population growth, developing living standards and growing consumer awareness regarding health disorders is expected to drive the demand for nutritional products, and dietary supplements. The abovementioned factors are expected to drive the application of digestive enzyme supplements over the upcoming years.
Drug discovery and development is an integral sustainability strategy adopted by pharmaceutical manufacturers. Growing prevalence of chronic and long-term diseases has heightened the need for new drug development via extensive R&D investments.
Predictive genetic testing and consumer genomics have taken an ever-increasing role in clinical practice and translational research for disease prediction over the last two decades. Presymptomatic as well as predispositional tests are anticipated to witness significant growth over the forecast period.
Legionella is found in fresh water environments, but can pose a severe threat when it grows in human-made water systems, such as hot water tanks, showers, hot tubs, and large plumbing systems. Legionella causes serious respiratory disorders, such as Legionellosis (a form of pneumonia). The Legionella testing market is grouped into water testing and IVD testing, based on applications.
Emergence of personalized medicine, drug device combination, artificial intelligence, wearables and increased focus on real-time patient monitoring resulted in complex medical devices ecosystem. Real-time patient monitoring, remote patient monitoring, and continuous patient monitoring are the focal areas of interest when it comes to chronic disease management, such as diabetes and cardiovascular diseases.
With advances in the technology, there has been growing integration of information technology (IT) with the healthcare sector. There has been a wide acceptance of Electronic Medical Records (EMRs) and Electronic Health Records (EHR) due to promising government policies and initiatives across the globe along with growing focus on patient safety and minimizing of medical costs.
Orthobiologics includes products that are made of substances that are naturally developed in out body. These are incorporated by orthopedic surgeons for bone and tissue repair. These are increasingly being utilized to treat broken bones and injured ligaments, tendons, and muscles.
Next generation sequencing (NGS), in the last few years, has been recognized as one of the most significant technological advancements in biological research with crucial applications in medical diagnostics. Emergence of this technology along with its plummeting costs has enabled high throughput sequencing in yielding greater productive efficiency and expediting diagnostic outcomes.
Globally, increasing number of coronary and peripheral interventions coupled with the rising adoption of newer products is likely to boost the angioplasty balloons market during the forecast period.
Botulinum toxin (BNT) is a widely used neurotoxin used for the enhancement of aesthetic appearance. It works by paralyzing muscles in a controlled fashion. Hence, it involves minimal risks compared to other facial injectable. It is commonly used for treating frown lines, glabellar lines, and crow’s feet line.
A brain tumor is a mass of tissue that is formed by a growth or accumulation of abnormal cells within or closer to the brain. According to the WHO, there are 120 different types of brain tumors depending on the site of occurrence.
Mammography is a specific type of imaging utilizing low dose x-rays for early detection of the breast cancer. A mammography exam also known as a mammogram plays a vital role in the diagnosis of breast diseases in women as it detects changes in the breast upto two years prior to the realization of the physician or the patient.
Sepsis is a bloodstream & infectious disease that occurs as a result of presence of pathogenic microorganisms in the blood. According to the National Center for Biotechnology Information (NCBI), the number of patients suffering from sepsis rose from 200,535 in 2007 to 279,530 in 2013.
Rise in geriatric population and increasing incidence of Age-related Macular Degeneration (AMD), Diabetic Retinopathy (DR), and glaucoma across the globe are anticipated to boost the market during the forecast period. Furthermore, advancements in fundus cameras and commercialization of products are likely to drive the market in the coming years. In December 2016, Epipole Ltd. launched epiCam C, a color hand-held fundus camera, in UK.
Accurate measurement and monitoring of Intracranial Pressure (ICP) is essential for neurological patients in order to prevent ischemic and mechanical injury to the nervous system. Approximately, two-third of the population with severe head injury suffers from intracranial hypertension. In addition, men had higher death rates due to traumatic brain injury as compared to women.
Rising demand for reduction in hospital stay has led to the development of technology to perform infusion therapy at home or in alternate healthcare settings, thereby boosting the growth of this market in the near future. Home infusion is gradually being considered as an excellent alternative for the patients suffering from chronic diseases as compared to an extended hospital stay or admission in a nursing home.
The Cardiac Resynchronization Therapy (CRT) market has been in existence since 2001 when the first device was introduced in August by Medtronic Plc.
Clinical laboratory tests form an integral part of the healthcare industry, as approximately 80% of diagnoses by healthcare professionals are laboratory-based. The shortened length-of-stay at hospitals and reduced contact between a patient and the concerned physician has increased the demand of clinical laboratories.
Cardiac pacemaker is a medical device, which controls the functioning of the heart using electrical impulses that artificially contract the heart muscles. A block in the heart’s electrical conduction system may result in failure of the natural pacemaker in the heart.
Akin to other industries, healthcare too is going digital. Actually; data analytics, software-based technology, cloud computing, and IoT (Internet of Things) are set to transform ‘life sciences’ like never before
Biosimilars are medical biologics that are identical to original products. They are basically ‘complex’ and ‘large-molecular-weight’ molecules made in living cells via genetic engineering. The global biosimilars market is predicted to experience noticeable expansion over the next few years.
The management of chronic ailments has become extremely convenient with telehealth facilities. Fixed & mobile ‘home units’ monitor temperature, blood pressure, etc. These parameters can be reviewed from a long distance.
With a generation obsessed with beauty & perfection, a gorgeous smile and sparkling teeth are the keys to holding people’s attention. Cosmetic dentistry has fulfilled this dream !
Cord blood is a rich source of stem cells that have ability to differentiate into a range of cell types. Stem cells with high proliferation capacity posses low risk of tumor formation and viral contamination. Thus, stem cells is rapidly becoming choice of treatment for the patients suffering from life threatening conditions such as cancer and blood, metabolic and immune system disorders.
The microscopes market has been witnessing considerable demand due to rise in funding in emerging applications such as nanotechnology. A major driver for this market includes research and development in the field of nanotechnology in order to commercialize it, since nanotechnology has a variety of niche applications. Additionally, microscopes are used in semiconductors, life sciences and material sciences. Drivers for the market include research and development for advanced microscopes used in life sciences and the growing semiconductor market in the Asian and Latin American regions.
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