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The Leading Players In The Cardiovascular Devices Market Are Innovating To Stay Ahead
May 2018 Healthcare
Medtronic, Inc is the company with the largest share of the global market for devices to treat diseases related to the heart, at 19%, a report from The Business Research Company shows. The cardiovascular devices market is relatively fragmented, with few global players. The top five competitors in the market made up 54.1% of the total market share in 2017. The main segments are cardiovascular surgery devices, worth 37% of the total, cardiac rhythm management devices, accounting for 23% and interventional cardiology devices, at 17%.
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India Is The World’s Fastest-Growing Market For In-Vitro Diagnostics
May 2018 Healthcare
The Indian market for equipment used for laboratory tests to detect disease is growing at a remarkable 8.6% year on year, a report from The Business Research Company shows, just ahead of China where the market’s annual increase is 8.5%. India’s market for in-vitro diagnostics was worth $2.1 billion in 2017. It is the world’s fifth largest, but will soon overtake Japan’s and be in fourth place. Point-of-care diagnostics are the largest segment of the global in-vitro diagnostic equipment market, accounting for 34% of the total in 2017.
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Neurology Devices Are Replacing Drugs As First Treatment Preference
May 2018 Healthcare
According to the TBRC surgeons and patients are opting for devices as a treatment option over drug therapies; this trend is boosting demand for the neurology device market, which is growing at 7.8% year on year. Neurostimulation devices are the largest segment of the global CNS device market, worth 46% of the total, followed by interventional neurology devices that treat neurovascular diseases such as aneurysms, arteriovenous malformations, cavernous malformations and strokes and equipment used in neurosurgery.
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Eastern Europe Is The Fastest-Growing Region For The Cancer Drugs Market
May 2018 Healthcare
Oncology drugs prevent the growth of malignant tumors by affecting the process of cell division or by damaging the DNA and initiate apoptosis or by preventing the development and spread of neoplastic cells.Regions of the world that previously lagged in terms of cancer drug sales are now growing much faster than the established regions, a report from The Business Research Company shows. Fastest is Eastern Europe, where the market will grow at nearly 12% a year up to 2021, while Asia Pacific’s growth rate will be second fastest at 7.3% a year.
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Lower Average Prices Will Affect Global Market For Blood Glucose Test Strips
May 2018 Healthcare
The Business Research Company expects the blood glucose test strips market to grow to $12.9 billion, nearly $2 billion lower than it would have been had prices held up at their 2013 level, in 2021. The price of blood glucose strips varies greatly across regions. The price is high in developed countries compared to less developed countries.Growth in the market in North America in 2013-2017 suffered from both price and volume cuts due to reimbursement issues but the market stabilized by 2017.
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Increased Pet Ownership Drives Veterinary Services Market Growth
May 2018 Healthcare
Increased pet ownership among Gen X and Gen Y adults and increased spending on better pet care is a significant contributor to veterinary services market growth, which is 6.2% a year, a report from The Business Research Company shows. North America is by far the largest region for the veterinary services market; Western Europe and Asia Pacific are second and third, both worth about half the American one. Factors influencing the size and growth of the veterinary services market include the animal disease burden, GDP and its distribution, consumption patterns, government regulations relating to animal health safeguarding.
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Using Waste CO2 In Greenhouses Helps CO2 Market Growth
May 2018 Chemicals
According to The Business Research Company the proportion of the industrial gas market that the carbon dioxide segment represents is roughly similar round the world. Manufacturing is the largest global segment of the industrial gas market mainly due to manufacturing demand for industrial gases such as nitrogen and hydrogen. Many national and state governments have stringent laws associated with industrial gas manufacturing, storage and distribution to prevent accidents and contamination.
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Mobile Pressure Swing Adsorption Is Boosting Industrial Oxygen Market Growth
April 2018 Chemicals
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Growing Emerging Economy Demand For Livestock Products Will Boost Veterinary Services Market
April 2018 Healthcare
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Musculoskeletal Now Offers The Best Opportunities to Pharma Investors, Says TBRC
April 2018 Healthcare
The market for drugs to treat conditions like arthritis and osteoporosis will be the largest global pharma segment, worth $177 billion a year, according to The Business Research Company. Rising GDP per capita making drugs and treatment more affordable in the emerging regions like Asia Pacific and population ageing leading to higher incidence of chronic disease in the developed regions are the primary factors leading to the growth of pharma markets.
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TBRC: industrial gas use on the up
April 2018 Chemicals
The Business Research Company expects industrial gas market to grow to $87.46 billion by 2021.Treatments and drug developments using induced pluripotent stem cells (IPS) are bringing a new added value to the industry through the application of systems using gases such as carbon dioxide and liquid nitrogen, which are indispensable for the cultivation and preservation of cells and tissues driving demand for high-grade industrial gases.
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Asia Pacific Offers The Best Opportunities For Pharma Companies, Says TBRC
April 2018 Healthcare
The Business Research Company expects the market for medical drugs in the Asia-Pacific region would grow to $211 billion by 2021. The fastest-growing pharma segment will be that for metabolic disorders (to treat conditions such as diabetes and disorders of the thyroid and pituitary gland) but this will still in 2021 be in fifth place for market size behind the musculoskeletal, oncology, cardiovascular and anti-infective drug markets.
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Metabolic Disease Contract Research Market is Growing at 17% A Year
April 2018 Healthcare
The Business Research Company expects the global market for clinical trial services to biopharmaceutical and medical device companies is forecast to grow at 12% year on year by 2021. That is an acceleration from its rate of 10% up to 2017 which raised its value to $44.4 billion. North America is the largest region for the production of CRO services, at $18.8 billion.
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Drugs To Treat Metabolic Disorders Present The Best Opportunities For Pharma Companies, Says TBRC
April 2018 Healthcare
The Business Research Company expects drugs for treating metabolic disorders market to grow at an annual rate of 9% in the next few years. The pharmaceutical drugs industry develops drugs to diagnose, cure, treat or prevent metabolic diseases. Global population aging, the obesity crisis, growing awareness of diseases like diabetes, and, in the emerging economies, increasing affordability of treatment, help explain the rapid growth of the metabolic drugs market.
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Biologics Market Growth Is 66% Faster Than Pharma
April 2018 Healthcare
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Law Firms Face Increasing Competition From Non-Traditional Sources, Says TBRC
April 2018 Professional Services
The Business Research Company expects legal services market to be worth $1,011 billion in 2021. It covers the provision of legal advice, the drafting and execution of legal documents, case filing and negotiating on behalf of individuals or companies in relation to family, criminal, tax, corporate and real estate claims.
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Contract Research Organizations To See 12% Yearly Growth To 2021, Says TBRC
April 2018 Healthcare
The Business Research Company expects the global market for clinical trial services to biopharmaceutical and medical device companies is forecast to grow at 12% year on year by 2021. That is an acceleration from its rate of 10% up to 2017 which raised its value to $44.4 billion. Drug discovery was the largest segment in 2017.
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Minor Orthopedic Replacement Implants Global Market Exceeds $1.5 Billion
April 2018 Healthcare
The Business Research Company expects minor orthopedic replacement implants market to be valued at $2 billion in 2021. There have been technological advances in both the implants themselves and the surgeries involved, which have contributed to the growth of the market.
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Technological Advances Will Boost, Biosimilars Will Restrain The Market For Biologics
April 2018 Healthcare
The Business Research Company expects the book publishers market to grow to $137 billion in 2020. E-books sales are growing rapidly in established markets of the USA and Europe. EBooks are expected to generate a higher share of revenues than the physical print by 2018 in developed markets such as the US and UK .
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Shoulder, Wrist, Elbow And Foot & Ankle Replacement Market Gets A Huge Boost From Technology
March 2018 Healthcare
The Business Research Company expects minor orthopedic replacement implants market to be valued at $2 billion in 2021. North America is by far the world's largest market for minor orthopedic replacement implants. It currently accounts for 62% of global minor orthopedic replacement implant sales by value.
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