The human skin is the outer covering and the largest sense organ of our body. It basically guards the underlying muscles, bones, ligaments, and internal organs. In other words, our skin is the window and it reveals the story of our body and life.
When healthy, its layers work hard to protect us, but when it’s compromised, the skin’s ability to work as an effective barrier is impaired.
Some of the herbal and ayurvedic ingredients which must be included in our diet to help us banish wrinkles, get a radiant glow and keep our skin supple and soft all year around.
Shallaki is a holy plant thus due to its faster healing ability it helps in healing wounds. Those who apply Shallaki powder on their skin observe fewer symptoms of aging and wrinkles. Due to its anti-inflammatory properties, it reduces swelling and stiffness in the inflamed joints. It is also helpful in treating arthritis, asthma, inflammatory bowel diseases, and cancer.
Daruharidra (Betberis Aristata)
Daruharidra, a wild shrub is highly beneficial for skin problems like inflammation and psoriasis. Due to its antibacterial and anti-inflammatory properties, it is observed that it prevents the growth of acne and reduces inflammation. It even protects the liver cells, prevents the growth of malarial parasites, manages blood sugar levels, lowers bad cholesterol levels, and helps in weight management.
Neem (Azadirachta Indica)
Neem, an evergreen tree protects the skin from harmful UV rays, pollution, and other environmental factors. The vitamins and fatty acids in neem improve and maintain the elasticity of the skin, reduce wrinkles and fine lines. Due to its anti-aging properties, it makes our skin look rejuvenated, youthful and keeps skin-related diseases away. For those who face frequent infections, Neem is a boon as it helps to fight against fungal infections and ultimately keeps the harmful bacteria and fungus at bay.
Manjistha (Rubia Cordifolia)
Manjistha, a blood purifier helps in blood purification, skin allergy treatments, healing wounds, alleviating muscle aches, and soothing insect bites. It basically removes toxins from our blood and keeps infections at bay. One can reduce all signs of aging like wrinkling, blemishes, fine lines, dark circles, spots, and scars with this herb.
Guduchi (Tinospora cordifolia)
Guduchi, a unique herb its rich in antioxidants, thus it detoxifies, rejuvenates, and boosts the entire immune system. It’s a powerful nutritive tonic and one of the best herbs for balancing Vata and pitta health issues. Guduchi has a fine ability to flush out the impurities from the body and purify the liver, kidneys, and blood. It’s a boon for people who face skin issues, Guduchi basically helps soothe the skin and promotes a clear, healthy complexion. It's used to treat hay fever, athletic performance, diabetes, high cholesterol, upset stomach, arthritis, inflammation, water-borne diseases infections, urinary tract disorders, and digestive disorders.
Conclusion
Herbs and Spices play a pivotal role in treating skin-related diseases and disorders. A countless number of people have benefitted from them and got rid of their skin issues.
One such health supplement is ‘Sanchosis Capsules’, a purely herbal product specifically designed for skincare (psoriasis and eczema). It contains the best quality standardized extracts of plants like Turmeric, Daruharidra, Manjistha, Neem, Shallaki, Guduchi, etc.
Detoxification basically means cleansing the blood. This is done by removing impurities from the blood in the liver, where toxins are processed for elimination. Detoxing the liver and bowel regularly is essential for radiant, lifelong health and youthfulness into old age.
Some of the health supplements which must be included in our diet to contribute to the detoxification process of our body and blood are:
Neem, a miraculous herb known for its anti-bacterial, anti-fungal and blood purifying properties to help us get healthy and glowing skin. For those suffering from diabetes, acne, blood impurities, eczema, dermatitis and infections, intake of Neem can turn beneficial to them. It holds strong detoxifying properties, thus it cleanses the liver, by regulating the production of bile and acid in the body.It is well-known for its wound healing, sugar level maintaining and weight loss promoting properties.
Amla, known as Indian gooseberry is a powerhouse of antioxidants and it prevents the formation of cancer cells in our body. For people who suffer from severe hair loss, amla is a boon for, massaging the scalp with amla oil strengthens the follicles and prevents premature greying. It’s the best natural blood purifier and has antioxidant and detoxifying features which help in cleansing and purifying our kidneys, thus ultimately our skin and body are free from acne and pimples.
Gotu Kola, herb of longevity that enhances memory and fortifies the immune system. It helps purify the blood and is good for chronic skin conditions such as eczema. In Ayurvedic healing, it’s commonly used to relax the pitta, calm Vata in the mind and reduce excess Kapha in the body.
Ashwagandha, an herb that rejuvenates and has natural properties to calm our mind and boosts our stamina. It stimulates our immune system and increases disease-fighting white blood cell production. It helps in relieving conditions like anaemia and blood loss due to heavy periods. It also serves as an energy tonic and relieves fever and painful swellings.
Chirata, the best blood purifier herb which protects the liver by getting rid of toxins from the body.Its known to generate new liver cells. Due to its anti-parasitic properties, it eliminates roundworms and tapeworms from the body. If consumed with water it treats conditions like rashes, burning sensation, redness and inflamed skin. It creates more blood in the body and helps in anaemia. Chirata is packed with powerful antioxidants compounds that help slow down the ageing process, repair DNA damage and cardiovascular disease, strokes and cancer.
Blood plays a very important role in our body, from transporting oxygen, nutrients, and hormones to tissues. Thus it is very necessary to keep your blood pure and toxin-free to ensure the proper functioning of the body.
One such health supplement is ‘Impura Capsules’, an ayurvedic product specifically designed for body detoxification and purification of blood. It contains best quality extracts of plants like Neem, Chirata, Ashwagandha, Gotu kola, Amla etc
Overview:
The global market for dental sterilization Market is getting a nod from several quarters and is slated to reach USD 1.5 billion during the forecast period of 2018 to 2023 with a 6.9% CAGR, Market Research Future (MRFR), in a recently revealed, research report, discussed factors that can impact the global market and ensure growth. The rising prevalence of dental diseases is triggering global growth. In the US, around 90% of students show some kind of tooth-related problems. This is also getting bolstered by dietary changes that are affecting the tooth. For instance, the consumption of sugar-rich or starch-rich food is also affecting dental health owing to which the market can register better growth. It is also getting support from hospitals and other dental departments.
Segmentation:
The global report with a detailed understanding of the dental sterilization market, has been segmented by MRFR experts into product and end use. Data gleaned from these segments are backed by charts and graphs and factors discussed in the report are contextually analyzed to make their impact more prominent.
By product, the global study on the dental sterilization market has been into consumables, instruments, and accessories. The instruments segment is leading the global market and its dominance is expected to remain unfazed during the forecast period.
By end use, the global discussion on the dental sterilization market includes hospitals, dental laboratories, and others. The hospital segment has the chance to emerge as the leading one, and it will retain its position during the forecast period. This segment primarily thrives due to the infrastructural benefits and better funding. The recent technological advancements are also providing thrust for the dental laboratories.
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Regional Analysis:
North America is showing growth due to the constant rise in various technological inclusions in countries like the US and Canada. Also, these countries are quite robust in their financial structure, which is boosting the market. In Europe, countries are evolving as a dental tourism hub, which would inspire growth in the sector. In Asia Pacific, China, Japan, South Korea, and India would play a definitive role in taking the market ahead.
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Competitive Landscape:
Dentsply Sirona, Danaher, A-Dec, Hu-Friedy, Planmeca Group, Matachana Group, Midmark, Nakanishi, Scican, W&H, Getinge, BMT Medical Technology, Tuttnaue, Crosstex, and Premier Dental are companies making a substantial impact on the global dental sterilization market with their strategic impulses. These players mostly target expansion in both client segments and portfolio. This is to strengthen its market position. Most of these strategic moves span across mergers, collaborations, innovations, better expenditure plans for various research and development projects, acquisitions, branding, marketing strategies, launching, and others. MRFR’s attempt to get the recent moves taken by these companies listed are based on the idea of understanding trends that would help in future plans.
Industry News:
The recent outbreak of the COVID-19 pandemic triggered unprecedented responses from countries across the world. Most of the countries have initiated lockdowns, which means the shutting off of services that are not essential. This has hampered the dental sterilization market significantly. However, the impact of the disease seems to be passing owing to which several countries are allowing a lifting up of measures in a controlled manner, which may bring back the market on its foot again. In countries like New Zealand, Iceland, Vietnam, Italy, and others, governments are providing some sort of relaxation. This is good news for the market and the revenues it had lost during the first half of 2020 is expected to be balanced by the second half.
Retinal implants have proven its mettle as a breakthrough therapy in the treatment of visual impairment. The global retinal implants market is perceived to be growing at a recurring rate and is expected to reach high revenue figures in the coming years, as per the analysis of Market Research Future (MRFR). The global retinal implant market has been flourishing on account of the widespread prevalence of eye disorders across the globe. Growing cases of retinal disorders have induced high demand for retinal implants since they aid in the restoration of vision. Retinal implants have demonstrated significance for application in eye disorders which were once far-off impossible to achieve. The fact that these devices can be implanted with minimally invasive procedures has added to its popularity and driven the market. The rise in geriatric population is a crucial factor driving the growth of the retinal implant market. Owing to various health insufficiencies, the aging population is more susceptible to acquiring visual impairment and require retinal implant.
Substantial investment in RD activities by various medical device manufacturers and governments have led to the development of advanced retinal implants which can be successfully implanted in patients. Extensive clinical trial activities have also contributed to the growth of the market. Few retinal implants have already cleared clinical trials, and many more are underway which is expected to spur the market in the future. In addition, the rise in a number of FDA approvals has been a plus for the growth of the global retinal implants market.
A large number of retinal implants are due for approval and patent from various regulatory authorities, the market stores opportunities for expansion. Also, expected expansion in reimbursement coverage for retinal implants is also expected to augment the market in the coming years. Other driving factors include the rise in the prevalence of degenerative diseases and raising awareness regarding the availability of the device which raises adoption. However, lack of skilled medical professionals with adequate knowledge of performing surgery and stringent and complex FDA approval process remains a significant hurdle for the growth of the global retinal implants market. High costs associated with retinal implants, the risk of biocompatibility and unknown long-term efficacy of the product are also expected to hinder adoption.
Segmentation
The global retinal implants market has been segmented into device type, disease indication, and end user. By device type, the market has been segmented into retina implant alpha AMS, Argus II, implantable miniature telescope, and others. By disease indication, the market has been segmented into age-related macular degeneration (AMD) and retinitis pigmentosa. By end user, the market has been segmented into multi-specialty hospitals, ophthalmic clinics, and research institutes.
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Regional Analysis
North America, Europe, Asia Pacific, and the Rest of the World are the key markets for retinal implants. North America accounts for a substantial share of the global market. Higher availability of the product, improving reimbursement scenario and higher affordability in the region supports the growth of the North America market for retinal implants. Presence of highly skilled surgeons to perform immensely complex surgical procedure also accelerates adoption in the region.
In Europe, the market is driven by an increase in RD activities and the expansion of clinical trials.
Presence of developing countries such as India, China, and Japan, who outlay massive amounts on healthcare expenditure, coupled with growing disposable income and affordability supports the growth of the market in Asia Pacific.
Rest of the World market is expected to fare well in the coming years since various market players are foraying into the untapped regions to leverage the potential they offer for market expansion.
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Competitive Landscape
Second Sight Medical Products, Inc.; Retina Implant AG, VisionCare, Inc., Bionic Vision Australia (BVA), Bionic Eye Technologies, Inc., and Visus Technology, Inc. are the key players operating in the global retinal implants market.
Overview:
The global report with details of the Wound Care Biologics Market is slated to garner 9.9% CAGR during the forecast period of 2018 to 2023. Market Research Future (MRFR) made several assessments to get to the core of the factors and realize how the market may shape up in the coming years.Among various factors, the global market for wound care biologics is expected to make a profit from the growing technological inclusion in the process, increasing advancements in technologies, a surge in cases related to burn and trauma, rising investment in the healthcare sector, and others.
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Segmentation:
The global market for wound care biologics market, as per the reports of MRFR analysts, has been segmented into wound type, product type, and end user. This segmentation provides a detailed description of various factors and puts extra emphasis on figures that would back the global market growth.By product type, the global market report on the wound care biologics has been segmented on the basis of biological skin substitutes and topical agents. The biological skin substitute segment was the largest segment in 2017 and is supposed to grow with the fastest speed in the coming years. By wound type, the global report on the wound care biologics market digs deep into studied regarding surgical traumatic wounds, ulcers, and burns. The ulcers segment includes pressure ulcers, venous leg ulcers, diabetic foot ulcers, and others.By end user, the study involving the wound care biologics market has been segmented into ambulatory surgical centers, hospitals, and clinics. The hospitals segment would get better traction with an increased focus on better patient facilities.
Regional Analysis:
The American market for wound care biologics will dominate the global market. The region will benefit from easy technological inclusions and a constant influx of revenues. The US and Canada would enjoy more profit due to their superior infrastructure. In the Asia Pacific region, the growth will be massive, with various emerging countries showing a hike in their investment for the healthcare sector.
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Competitive Analysis:
The global market for wound care biologics is all set to get benefits from the strategic movements initiated by companies like Wright Medical (US), Integra Lifesciences Corporation (US), Smith Nephew (UK), MiMedx Group (US), Mölnlycke Health Care AB (Sweden), Anika Therapeutics (US), Vericel Corporation (US), Solsys Medical (US), ACell (US), Marine Polymer Technologies, Inc. (the US), Kerecis (Iceland), Osiris Therapeutics (US), and Organogenesis (US). The latest proceedings, involving these companies, have been recorded in the market report to simplify the strategy-developing process of the market. These strategies span across segments like mergers, acquisitions, joint ventures, and other diverse types of collaborations that improve portfolio and creates opportunities for expertise-sharing. Other factors like an increased investment for the research and development sector, boost for innovations, launching strategies, are in line to help the market in coming up with an accurate growth chart. MRFR recorded these proceedings to dig deep into the competitive landscape and ease the strategy developing procedure.
Industry News: In April 2020, Carmell Therapeutics made an announcement that they have received the Fast Track designation to expedite and accelerate their program involving their product, Bone Healing Accelerant (BHA). This will be reviewed under a Biologic License Application (BLA). The company is showing signs of elation as this will boost the business for its innovative Plasma-based Bioactive Materials (PBMs). The purpose of this technology is to accelerate bone and soft tissue healing. The wound healing segment is also expected to get proper traction from this approval.
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and Wherever Required We Will be Considering Covid-19 Footprints for a Better Analysis of Markets and Industries. Cordially Get in Touch for More Details.
Market Insights
Dental practice management software is an increasingly important part of dental practice administration and is also a clinical tool which is highly advantageous to the management of dental clinics and hospitals. Market Research Future's extensive study of the global dental practice management software market has revealed that the market is likely to witness considerable growth over the upcoming forecast period.
Focus on oral health has been growing significantly, particularly in countries with widespread urbanization. Increasing awareness of oral health problems in developed markets of the global dental practice management software (DPMS) market has increased the number of dental patients seeking treatment and diagnosis of oral problems, thus indirectly encouraging the demand for dental practice management software. Due to the rapid increase in data and information being processed by dental practices has increased the need for management software. Moreover, dental practice management software offers several advantages which contribute significantly to the growth of the DPMS market. Operational efficiency is among the key factors driving the market. Dental practice management software has capabilities to efficiently manage clinical efficiency, patient management, collection and billing, integration with other platforms and others. Expanding healthcare activities have increased the pressure on healthcare organizations to provide quality healthcare while reducing expenses and increasing operational efficiency, to this end DPMS features are highly effective, thus increasing their adoption.
Overall improvement in healthcare delivery and the ability of DPMS to allow dental care clinics and hospitals to focus on the core activity of providing better quality of medical care to patients has increased the use of such software thus driving the market. The innovation of IT technology and the use of cloud for deployment has made dental practice management software accessible for dental organizations of various sizes and is expected to lead to further opportunities due to imminent advancements in software technology.
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Market Segmentation
MRFR's segmentation of the global dental practice management market has been performed on the basis of deployment, application, end-user, and region. Deployment of DPMS can be on the cloud, on-premise, or web-based. Dental practice management software has applications in charting, patient management, insurance management, invoicing/billing and others. This software is deployed primarily in dental clinics, hospitals, and others.
Regional analysis of the market has segmented the global market into North America, Europe, Asia Pacific, and the Rest of the World.
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Regional Analysis
North America and Europe are significant regions in the market due to the fact that they have a high concentration of developed economies. Country-level markets such as the US, Germany, France, and the UK are among those with an increasing focus on oral health. The presence of well establish healthcare sectors in these regions combined with increasing importance being placed on providing patients with quality healthcare while working toward increasing operational efficiency is another important factor which is likely to drive the North American and European market.
Meanwhile, the Asia Pacific is growing swiftly due to the presence of a large patient population and the rapidly changing healthcare sector present in the region. The many emerging economies in the APAC are increasing healthcare expenditure in an effort to update the existing infrastructure so as to provide more advanced healthcare options. Investments in oral health care in the APAC are growing and improving economic conditions in countries such as India, China. South Korea and Indonesia have increased the demand for DPMS.
Key Players
Market players that have been profiled in the report include prominent organizations that are participating in the market and employ growth strategies which influence market growth and opportunity. Players include Curve Dental, Practice Web, Henry Schein, NextGen Healthcare Information Systems, LLC., Carestream Dental, DentiMax, Patterson Dental, Allscripts Healthcare Solutions, and Dovetail Dental Software.
Global Pemphigus Vulgaris Market Research Report, Size, Growth, Trends and Industry Analysis by Treatment (Corticosteroids, Immunosuppressants, Biological Therapies and Intravenous Immunoglobulin (IVIG) Therapy), by Route of Administration (Oral, Subcutaneous and Intravenous), by End User (Hospitals Clinics, Specialty Dermatology Clinics and Research Academic Laboratories), by Region (Americas, Europe, Asia-Pacific, Middle East Africa) – Forecast till 2027
Pemphigus Vulgaris Market Overview:
Pemphigus vulgaris, an autoimmune disease, is quite common in the US. This causes painful lesions on the mucous membranes. The disease affects neck, face, scalp, and back, sometimes it spreads even further to the armpits and the genitalia. The lesion can join up with each other and can make a much more severe attack on the face. This will make swallowing things difficult. The global Pemphigus Vulgaris Market is expected to reach a valuation of USD 677.99 million by 2027 at an 8% CAGR during the forecast period (2018-2027). Market Research Future (MRFR), in their recently revealed report, claims that its factors are going to play an assertive role for the furtherance of the pemphigus vulgaris market.
Factors like advancement in medicine is expected to take the market forward. Also, robust healthcare infrastructure is expected to boost the market in the coming years. Diagnostic procedures are also undergoing a sea-change, which can be of great importance for the market.
Pemphigus Vulgaris Market Segmentation:
MRFR segmented the global pemphigus vulgaris market to have a closer peek at the market. This segmentation includes treatment, route of administration, and end-use.
Based on the treatment type, the pemphigus vulgaris market includes corticosteroids, biological therapies, immunosuppressants, and intravenous immunoglobulin (IVIG) therapy. The immunosuppressants has almost 31% share in the global pemphigus vulgaris market, and the corticosteroids segment is to follow with 28.6% share.
Based on the route of administration, the pemphigus vulgaris market includes intravenous, subcutaneous, and oral. The intravenous administration is the most-used process among various methods of drug administration. The segment had 40.6% of the global market share, in 2017.
By end-use, the pemphigus vulgaris market includes hospitals clinics, specialty dermatology clinics, and research academic laboratories. The hospitals and clinics segment had a valuation of USD 141 million in 2017 and is expected to showcase 8.2% CAGR during the review period. The specialty dermatology clinics segment has the potential to register 8.1% CAGR over the forecast period.
Pemphigus Vulgaris Market Regional Analysis:
Region-specific segmentation of the pemphigus vulgaris market, as conducted by MRFR, includes a detailed study of the Americas, Europe, Asia Pacific, and Rest-of-the-World (RoW).
The Americas market has the maximum market share. With 43.4% of the global pemphigus vulgaris market in 2017, the region is leading the market. Technological innovation and robust infrastructure are going to drive the regional market forward. The region is divided into North America and South America. North America is doing better with country-specific markets like the U.S., and Canada.
Europe is following the lead with 38.5% share. Presence of countries like France, the UK, Germany, and others are expected to take the regional market forward. These two regions are witnessing such a surge in the number of people affected with the disease due to the growing number of people of Mediterranean descent. The Americas has the potential to climb up to a valuation of USD 297.41 million by 2027 at a CAGR of 8.1% over the assessment period. The European pemphigus vulgaris market to surpass a valuation of USD 261.37 million by 2027.
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Pemphigus Vulgaris Market Competitive Landscape:
Several players in the global pemphigus vulgaris market are showing keen interest in taking their prospect ahead by implementing strategic moves. MRFR, in their latest report on the market, profiled several companies like Biogen Inc. (U.S.), Almirall SA (Spain), F. Hoffman-La Roche (Switzerland), Argenx SE (Belgium), Syntimmune (India), Sanofi (France), Pfizer Inc. (U.S.), Janssen Global Services LLC (U.S.), Novartis AG (Switzerland), and Principia Biopharma (U.S.). The report tracks their recent moves to get a good grasp over the market trends.
In June 2019, the National Institute of Allergy and Infectious Diseases donated the Autoimmunity Center of Excellence at Penn an amount of USD 4.5 million to influence researches on autoimmune diseases. With the fund, researchers are planning to lead a trial testing for a technique named DSG3-CAART on pemphigus vulgaris. This is a part of their new immunotherapy plan.
Tumor Necrosis Factor Alpha Inhibitors Market – Overview
The tumor necrosis factor alpha (TNF-a) inhibitors signify one of the major treatment techniques for inflammatory diseases. Globally, this drug class is known to be the most effective drugs in the overall pharmaceutical industry. Several conditions such as inflammations, rheumatoid arthritis (RA), inflammatory bowel disease (IBD), and seronegative spondyloarthropathies, can be treated with the help of these drugs. The total sales of the top three blockbuster TNF-alpha inhibitors namely Remicade, Enbrel, and Humira had surpassed USD 32 billion in 2016.
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In the present scenario, developing countries have stringent regulatory requirements for approval of a new drug. It is a difficult task for marketing authorization application to get single regulatory for a new drug product which belongs to various categories of drugs such as NCE, biologicals, controlled drugs, etc. Therefore, the knowledge of precise and detailed regulatory requirements for market authorization application of different categories of drugs should be known to establish a suitable regulatory strategy. There is a need for pronounce and a fine balance between the persistence of gaining market access to pharmaceuticals, to protect the public health and facilitate healthy growth of pharmaceutical manufacturers.
The global tumor necrosis factor alpha inhibitors market is expected to grow at a CAGR of approximately 7.1% during the forecast period 2017-2023.
Tumor Necrosis Factor Alpha Inhibitors Market – Competitive Analysis
The global tumor necrosis factor alpha inhibitors market is expected to grow at a CAGR of approximately 7.1% during the forecast period 2017-2023.
According to the National Health Interview Survey, in 2016, almost 20% of the global population was reported to be suffering from chronic pain, with rheumatoid arthritis being one of the major reasons. Moreover, according to the Centre for Disease Control and Prevention, by 2040, approximately 78 million (26%) of the U.S. adults are projected to have arthritis. These reasons owe to an Increase consumption of Tumour Necrosis Factor Alpha inhibitor drugs. Favourable re-imbursement policies and availability of high end medical amenities make America leading player in Tumor Necrosis Factor Alpha Inhibitors Market.
Tumor Necrosis Factor Alpha Inhibitors Market – Regional Analysis
The global tumor necrosis factor alpha inhibitors market is segmented as the Americas, Europe, Asia Pacific and the Middle East and Africa.
The Americas is projected to hold the largest share of the global tumor necrosis factor alpha inhibitors market. P2D Biosciences, a US-based company, received $ 2.3 million funding from NIH (National Institutes of Health) with four grants. The grants include the development of new drugs for the treatment of acute leukemia and Alzheimer’s disease and a new drug to improve stem cell transplant therapy for treating leukemia and lymphomas, which will help P2D to develop medical advances that improve the lives and health of people who are affected with these diseases.
AbbVie Inc. (U.S.), Ablynx (Belgium), Apogenix GmBH (Germany), AryoGen Biopharma (U.S.), Bionovis (Brazil), CASI Pharmaceuticals (U.S.), Celltrion Healthcare (South Korea.), Celgene Corporation (U.S.), Delenex Therapeutics (Switzerland), Dexa Medica (Indonesia), EPIRUS Biopharmaceuticals (U.S.), Janssen Biotech (U.S.), GlaxoSmithKline Inc. (U.S.), HanAll Biopharma (South Korea.), Intas Pharmaceuticals (India), LEO Pharma (Denmark), LG Life Sciences (U.S.), MedImmune (U.S.), Momenta Pharmaceuticals (U.S.), Novartis AG (Switzerland), Sanofi-Aventis (France), Zydus Cadila (India), and some of the prominent players at the forefront of competition in the Global Tumour Necrosis factor Alpha market and are profiled in MRFR Analysis.
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Global Asthma Devices Market to Grow at a Steady Pace Over the Forecast Period Asthma is a chronic lung disease that narrows the tubes that help carry air both in and out of the lungs, i.e., the airways. Asthma causes the inside walls of your airways to become swollen and sore, making it hard for the air to pass out of the lungs. As a result of this, there are recurring periods of wheezing, coughing, shortness of breath, and tightness in chest, especially during the night and in the morning. When the symptoms of asthma become worse with time, it is referred to as an asthma attack. During a case of severe asthma attack, the airways get extremely close to one another causing the vital organs of the body to not get enough oxygen. The severity of the disease can be understood by the striking percentage of deaths caused due to asthma over the last few decades. This has led to the emergence of asthma devices or asthma inhalers. These devices deliver medication into the body through the lungs, thereby acting as a treatment for asthma and chronic obstructive pulmonary disease. Recognizing the potential of the devices, Market Research Future (MRFR) conducted an in-depth research of the Global Asthma Devices Market. It projects that the market will expand at an approximate CAGR of 4.3% during the review period between 2017 and 2023. The increasing prevalence of asthma disease is believed to be one of the key drivers of the market. As per the statistics published by the World Health Organization (WHO), a total of 235 million people suffered from asthma in 2017. Thus, showcasing the prevalent nature of this disease. Add to this, the surging healthcare expenditures and growing awareness concerning the disease are slated to fuel the market growth of asthma devices. At the same time, however, long-term treatment procedures coupled with the low per capita income and the lack of favorable policies in developing countries can restrict the growth of the global asthma devices market over the forecast period. Segmentation The Global Asthma Devices Market segmentation is done on the basis of technology, type, and end-users. By technology, the market segments into digitally operated inhaler devices, manually operated inhaler devices, and other devices. By type, the market includes nebulizers, inhalers, and others. The inhalers segment is further divided into dry powder and metered-dose inhalers. The metered-dose inhalers segment is narrowed down into metered-dose inhalers with a spacer, standard pressurized metered-dose inhalers, breath-activated pressurized metered-dose inhalers, and others. The nebulizers segment is segmented further into ultrasonic nebulizers, compressor nebulizers, mesh nebulizers, and others. By end-users, the market comprises of retail pharmacies, hospitals, clinics, and others. Request Free Sample: https://www.marketresearchfuture.com/sample_request/1624 Regional Analysis The geographical segmentation of the asthma devices market includes the following regions: America, Asia-Pacific, Europe, and the Middle East Africa. Americas spearhead the global market for asthma devices due to a well-established healthcare sector and a huge patient population base for asthma diseases. Also, changing consumer lifestyle and increasing healthcare-related expenditure is believed to also fuel the market. And, with the towering presence of global players like Baxter and Merck Co. Inc. as well as others, the region is expected to hold on to its top position during the forecast period. Following Americas, Europe is the second-largest regional market for asthma devices in the world. This is primarily due to the established healthcare infrastructure and the huge population of asthma patients. Add to this, government support for RD and rising expenditures in healthcare are anticipated to fuel the market growth as well. The presence of developed countries like Germany, the UK, and France too contribute to the market’s growth in this region. Asia-Pacific is the fastest-growing regional market as compared others, due to the huge pool of patient population and continuously developing economies like China and India. Favorable measures undertaken by the government like reduced excise and customs duty as well as the various exemptions in service tax are also expected to boost the market growth of asthma devices. Finally, the Middle East Africa regions hold the least market share because of the presence of a poor economy, lack of healthcare infrastructure, and strict and unfavorable government policies. Browse Complete Report: https://www.marketresearchfuture.com/reports/asthma-devices-market-1624 Competitive Landscape The Global Asthma Devices Market comprises a number of key market players, including 3M (U.S.), Aristopharma Ltd. (Bangladesh) Merck Co., Inc. (U.S.), Koninklijke Philips N.V. (Netherlands), AstraZeneca (U.K.), SRS Pharmaceuticals Pvt. Ltd. (India), GlaxoSmithKline PLC (U.K.), Boehringer Ingelheim GmbH (Germany), Baxter (U.S.), and others. Feb 14th, 2019, Biomedical Engineers at the University of California, announced the development of a wearable disposable respiration monitor. The monitor offers high-fidelity readings on a consistent basis. It is designed to aid children with asthma, cystic fibrosis, and others with various chronic pulmonary conditions.
Market Highlights
A bunion is a protruding bone from the joint at the base of the big toes. Bunions most commonly affect both the inner foot of the toe and the outside of the foot at the base of the little toe referred as a bunionette or tailor’s bunion. Bunions may or may not cause symptoms, which are a progressive deformity. Treatment of bunions can include rest, icing, alteration of footwear, foot supports (orthotics), medications, steroid injections, and/or surgery.
Bunion (Hallux Valgus) Treatment Market most commonly affect women. It has been proven that tight-fitting shoes, especially high-heel and narrow-toed shoes might increase the risk for bunion formation. Constant pressure or friction on the bunion can lead to skin breakdown and infection that may require antibiotic therapy. Changing lifestyle with the increased risk of obesity and increasing geriatric population are the key factors driving the growth of the global bunion treatment market during the forecast period.
Regional Analysis
Global bunion treatment consists of regions namely the Americas, Europe, Asia Pacific, and the Middle East.
The Americas hold the second largest share of the global bunion treatment market owing to the growing trend to use high heels. This can exacerbate the problem because they tip the body’s weight forward, forcing the toes into the front of the shoe. Some studies suggest that bunion occur nearly 10 times more frequently in women. Companies are collaborating with manufacturers and marketing firms, thus facilitating the development of better products available at lower prices. In 2016, DePuy Synthes acquired BioMedical Enterprises to gain the latter’s extensive product portfolio of foot and ankle devices.
The European market dominated the global bunion treatment market owing to the high prevalence rate of this disease in the Eastern European regions. Especially in older women, foot disorders are a major cause of disability and sedentary habits. In Germany, a study was conducted involving almost 3,000 women and men ages 56 and older found that women are more likely to have bunions as they get older.
The Asia Pacific is expected to be the fastest growing region and is anticipated to compete with the American market during the forecasted period 2017-2023.
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Segmentation
The bunion treatment is segmented on the basis of diagnosis, treatment, and end-users.
On the basis of the diagnosis, the market is segmented into medical history, physical examination, X-rays, radiography, and others.
On the basis of the treatment, the market is segmented into self-care, medications, device, medical procedures, and surgery. The self-care is segmented into wide shoes, cold compress, and bunion pads. The medication segmented into analgesic, and non-steroidal anti-inflammatory drug. The device is segmented into braces. The medical procedure is divided into callus shaving and the surgery is classified into bone surgery. Furthermore, the bone surgery is classified into different types including distal chevron osteotomy, scarf or ludloff osteotomy, crescent osteotomy, and lapidus procedure.
On the basis of the end-user, the market is segmented into healthcare service providers, podiatrists, research organizations, and academic institutes.
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Key Players
Some of key the players in the global bunion treatment market are Stryker Corporation (U.S.), Arthrex, Inc. (U.S.), Zimmer Biomet Holdings, Inc. (U.S.), Smith Nephew plc (U.K.), Wright Medical Technology, Inc. (U.S.), Integra LifeSciences Holdings Corporation (U.S.), Tornier N.V. (Netherlands), Össur (Iceland), Acumed, LLC (U.S.), and Extremity Medical, LLC (U.S.), De Puy Synthes (U.S.), Biomet, Inc. (U.S.), BioPro, Inc. (U.S.), Orthofix Holdings Inc. (U.S.), OrthoHelix Surgical Designs, Inc. (U.S.), Mondeal Medical Systems GmbH (Germany) and others.
Overview:
The Middle East Africa (MEA) critical care equipment (CCE) market can grow substantially to a valuation of USD 1061.4 million during the forecast period (2017-2023) from a measured valuation of USD 681.2 million in 2016. Market Research Future (MRFR) explains in a detailed report that the leap will take place with an impressive CAGR of 5.7%. The healthcare industry is changing at a rapid rate in the region owing to the need for better treatment. Advents in technology are also aptly backing it up. On the upside, it has a positive impact on critical care which developing fast. The climatic condition of the region triggers many diseases that need immediate, intense care owing to which a revamping of the critical care market is of the utmost importance. Governments in the region have realized the urgency of such developments and the region is also getting global funding.
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However, on the downside, the region has low per capita income, and some of the poorest countries of the world belong here. This could prove detrimental to the otherwise promising market. At the same point of time, awareness among the populace regarding diseases is not so high which can make the MEA CCE market lag behind.
Industry Trends:
The crisis in the region regarding critical care is astounding. Hence, many multinationals and local operatives are working in collaboration to improve the system so that they can reach out to a larger patient pool. Recently, Nyeri County Referral Hospital in Kenya collaborated with Philips to increase their service efficiency by providing the necessary training to their staff and implementing new machines that could prove vital in saving lives.
Trivitron Healthcare Private Limited (“Trivitron”), an Indian market giant, is collaborating with the Investment Funds for Health in Africa (“IFHA”), a leading private equity investor in the healthcare sector in Africa, to launch Trivitron Healthcare Africa B.V. (“THA”), which will have its focus solely on the African continent. This company will provide world-class equipment to the hospitals and research laboratories and a reliable after-sales service.
Segmentation:
The critical care equipment MEA market can be segmented by type of equipment and end-user.
By type of equipment, the CCE market can be segmented into patient monitor, medical ventilator, dialysis, iv pumps, infusion pump, suction apparatus, and others.
Based on end-users, the market includes hospitals, research laboratories, and others. Hospitals constitute 80.60% of the market, and its impact is substantial in the region.
Regional Analysis:
The MEA market for CCE witnesses the U.A.E leading from the front as the country is financially superior and per capita income is quite high. Saudi Arabia is also contributing substantially, and the market is growing in the country. Egypt in Africa registered significant growth. On the other hand, Dubai is emerging as a hub for medical tourism which can change the face of this region. Rest of the MEA countries are going to show slow but steady growth.
Competitive Scenario:
The region is largely untapped which gives market players ample opportunity to expand their operational boundary. Grabbing this chance with both hands, many multinationals are taking this as a key to explore the uncharted regions further.
Some of the major players in this market are namely Siemens Healthcare Private Limited (Germany), Johnson Johnson Services, Inc. (US), General Electric Company (US), Koninklijke Philips N.V. (Netherlands), Medtronic (Republic of Ireland), Baxter (US), and others.
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Orphan Therapeutics Market information, by Type of Diseases (autoimmune disorders, genetic disorders, blood disorders, cancer, growth disorder, cardiovascular diseases, neurological disorders, respiratory disorders, digestive disorders, eye disorders and Others), by Type of Treatment (gene therapy, cell therapy, drug therapy and others), by End user (hospital and clinics, research laboratory and others) – Forecast to 2022
Orphan Therapeutics Market are also referred to as rare diseases. Despite the low market interest, treatment demand continues to grow for orphan diseases. Orphan diseases represent a very small percentage of the global population. However, prevalence rate has increased considerably in recent years. Most orphan diseases are genetic and may remain in patient throughout their life. While many orphan diseases are low-risk and do not threaten life, some may have severe impact on the health. Approximately 7000 different rare diseases are listed, however, no exact figure is available.
The market for orphan diseases is growing swiftly. Rising level of awareness and increased funding is reflecting favourably on the market. According to a study conducted by market research future, the global Orphan Therapeutics Market is projected to demonstrate a compound annual growth rate (CAGR) of 24.9% during the forecast period (2015-2022). The market size is expected to surpass USD 500 Bn by the year 2022 up from USD 121.6 Bn.
Demand for orphan drugs has grown substantially in recent years. Many governments all around the world are financially incentivising drugs through regulations. A data released by National Organization for Rare Disorders (NORD), reveals that in 2018, nearly 30 Mn Americans suffer from 7,000 rare diseases. More and more initiatives are taken towards improving orphan disease care. This is notable for advanced countries such as the U.S., Japan and EU countries. Over the past couple years, orphan drug sales have doubled.
Factors such as increased prevalence and rising healthcare expenditure are making the market more attractive. Commercial interest in orphan diseases drugs have improved in recent years. Advanced are likely to display a higher enthusiasm. When it comes of research and development smaller firms and start-ups are more active, however some of the bigger players are also positioning themselves to enter the segment. In the comings, collaborations, partnerships and MA activities are expected to increase in the global Orphan Therapeutics Market. Big pharmaceutical companies are expected to focus on improving their market position during the forecast period.
Global Orphan Therapeutics Market: Segmental Overview
MRFR’s report includes a detailed segmental analysis of the market based on disease, treatment and end user.
On the basis of disease, the market has been segmented into genetic disorders, cancer, cardiovascular diseases, respiratory disorders, autoimmune disorders, neurological disorders, blood disorders, eye disorders, digestive disorders, growth disorder and others. On the basis of treatment, the market has been segmented into drug therapy, cell therapy, gene therapy and others. Based on end user, the market has been segmented into research laboratory, hospital and clinics and others.
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Global Orphan Therapeutics Market: Regional Segmentation
The regions covered in the market include Asia Pacific (APAC), North America, Europe, Latin America, and the Middle East Africa (MEA). Globally, North America represents the largest market for orphan diseases. Widespread awareness, strong government support and presence of robust healthcare system supports the market growth in the region. North America Orphan Therapeutics Market is expected to post a sound growth during the forecast period. Europe also holds significant market potentials and second largest contributor to the global market for orphan diseases in terms of revenue. North America and Europe are followed by Asia Pacific (APAC). In fact, the APAC Orphan Therapeutics Market is likely to witness an impressive growth over the next couple of years.
Competitive Landscape
Some of the top-notch companies operating in the global Orphan Therapeutics Market include F. Hoffmann-La Roche Ltd (Switzerland), Vertex Pharmaceuticals Incorporated (US), CELGENE CORPORATION (US), Merck Co., Inc (US), Novartis AG (Switzerland), Bristol-Myers Squibb Company (US), AbbVie Inc. (US), Sanofi (French), Alexion (US), GlaxoSmithKline plc. (UK) and Pfizer Inc. (US).
Conjunctivitis is an inflammation of the conjunctiva caused by virus, bacteria, or as an allergic reaction to certain substances. The global conjunctivitis drugs market is anticipated to expand at a CAGR of approximately 3.1% over the forecast period which ends in 2022, asserts market Research Future (MRFR) in a recently published research report.
Bacterial and viral inflammation are the most common causes of conjunctivitis and is contagious which require treatment. Growing prevalence of viral and bacterial conjunctivitis is the preliminary factor contributing to the growth of the global conjunctivitis market.
Raising awareness regarding the treatment options available for conjunctivitis is a crucial factor aiding the market growth. High awareness has been purveyed by efforts of various international organizations to spread awareness regarding the contagious nature of conjunctivitis and increased focus on eye care.
Other drivers include poor hygiene and lack of awareness regarding the same in developing countries. High unmet medical needs in the developing regions are one of the chief drivers of the market growth. The prevalence of conjunctivitis is surging in the developing regions due to lack of proper hygiene and lack of access to medical treatment options. Raising awareness and greater affordability due to a rise in disposable income further complements the scenario in the developing countries which creates a conducive environment for the growth of the global conjunctivitis market.
The rise in a number of clinical trials for the development of effective conjunctivitis drugs coupled with rising support from the government in multiple countries in the form of grants for RD activities further augments the growth of the market.
On the contrary, the growth of the market might be impeded by the self-limiting nature of conjunctivitis and the high cost of drugs. The loss of patent of various blockbuster drugs such as Besivance, Vigamox, Zymaxid, and Moxeza have impacted the market growth adversely. Meanwhile the loss of patent of such medications have paved the way for the penetration of generics into the market which is likely to reduce the price and increase the affordability of conjunctivitis drugs, and, in turn, propel the growth of the market.
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Segmentation
The global conjunctivitis drugs market has been segmented based on type, drug class, route of administration, and end users. By type, the market has been segmented into viral, bacterial, allergic and others types of the same. By drug class, the market has been segmented into antibiotics (quinolones, aminoglycosides, macrolides, and others), mast cell stabilizers, steroids, and others. By route of administration, the market has been segmented into topical, oral and intravitreal. By end users, the market has been segmented into hospitals and self-administered.
Regional Analysis
The Americas, Europe, Asia Pacific, and the Middle East Africa are the key markets for conjunctivitis drugs. The Americas dominate the global conjunctivitis drugs market followed by Europe. The market in the Americas is driven by high awareness regarding the disease and accessibility to advanced treatment options. A high number of ongoing clinical trials boosts the market growth in Europe. However, the market in developed regions such as the Americas and Europe are already matured, and growth in these markets have become stagnant. The developing countries store more potential for growth and will lead the market over the forecast period. The growth in the markets of Asia Pacific and the Middle East Africa will be ushered by high unmet medical needs, raising awareness and growing prevalence of conjunctivitis in the regions.
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Competitive Landscape
The global conjunctivitis drugs market is highly competitive. There is no drug as yet which can effectively cure viral conjunctivitis which results in the outlay massive amounts on RD by market players. The global conjunctivitis drugs market is led by few prominent players such as Alcon/ Novartis AG, Actavis Plc., Pfizer Inc., Akorn Pharmaceuticals, Allergan Plc, Valeant Pharmaceuticals, and Merck Co. Inc.
Gene Editing Market Overview:
The global gene editing market is growing continually. The market growth attributes to the significance of gene editing processes in drug discovery diagnostics and precision medicine development. Besides, the rising prevalence of genetic diseases and cancer drives the gene editing market size. Moreover, increased RD activities, investments, numbers of biotechnology life science companies worldwide escalate the market growth to furthered height.
Market Research Future (MRFR), in its gene editing market report, asserts that the market is expected to expand at 18.30% throughout the assessment period (2017–2023). Increasing cancer diagnosed cases and the proliferating biotechnology industry, alongside the advances in medical technology, act as significant driving forces. Besides, advances in genetic testing such as Next Generation Sequencing (NGS) system and its growing adoption in agriculture and animal culture boost the market growth.
Gene editing has created a lot of excitement in academia and drug development, promising multi-facet benefits. Additionally, increased RD expenditures in plant animal genetic engineering, gene therapy, and microorganism genetic engineering push the growth of the market.
Market Drivers and Restraints:
Market Drivers:
Market Restraints:
Global Gene Editing Market – Segments
The report is segmented into four dynamics;
By Methods : CRISPR, TALEN, ZFN, Antisense technology, and others.
By Applications : Plant Genetic Engineering, Animal Genetic Engineering, Gene Therapy, Microorganisms Genetic Engineering, and others.
By End User : Biotechnology, Pharmaceutical, Contract Research Organization, and others.
By Region : Americas, Europe, Asia Pacific, and the Rest-of-the-World.
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Gene Editing Market – Geographical Analysis
North America dominates the global gene editing market. The largest market share attributes to massive development in drug discovery research, an increase in the number of research studies, development of the biotechnology sector. Besides, the rising prevalence of chronic diseases such as cancer and increasing expenditures for cancer care impact the regional market growth, positively.
The US gene editing market, backed by the presence of many biotech companies, dominates the regional market. Moreover, enormous RD funding from public and private sectors foster the growth of the regional market. The North American gene editing market is projected to retain its dominance throughout the estimated period.
Europe stands second in the global gene editing market. Increasing research development activities for cancer congenital diseases are the key driving force behind the market growth. The market is driven by substantial investments in the advancement of technology for better treatment solutions. Besides, the rising prevalence of cancer supports market growth. The European gene editing market is estimated to create a substantial reverence pocket during the projected period.
The Asia Pacific gene editing market is growing briskly. Factors such as the spurting growth in the life science industry and increasing government support to boost the biotechnology sector foster the regional market growth. Moreover, the rising demand for better healthcare and the expansion of leading global genome-editing companies in the region substantiate the growth of the market.
The increase in the number of laboratories and increased RD spending, act as a key tailwind for the market growth. APAC countries – India and China are showing significant progress in the gene-editing market. Besides, the development and automation of existing instrumentation systems and the rapid growth in the pharmaceutical industries foster the APAC gene editing market.
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Global Gene Editing Market – Competitive Landscape
The gene editing market appears to be competitive and fragmented with the presence of many players. Many well-established players alongside the new entrants form a competitive landscape. They try to gain a substantially larger competitive advantage initiating strategic initiatives such as mergers acquisitions, expansion, collaboration, and product/technology launch. Substantial investments are transpired in RD to develop new technologies that are entirely different compared to their competition.
Major Players:
Players leading the gene editing market include Horizon Discovery Group plc (UK), GenScript USA Inc. (US), Integrated DNA Technologies, Inc. (US), New England Biolabs, Inc. (US), Lonza Group Ltd. (Switzerland), OriGene Technologies, Inc. (US), Sigma-Aldrich Corporation (US), Sangamo Biosciences, Inc. (US), Transposagen Biopharmaceuticals, Inc. (US), and Thermo Fisher Scientific, Inc. (US), among others.
Industry/ Innovation/ Related News
July 23, 2020– Tropic Biosciences (the UK), a biotechnology company, and BASF (Germany, a chemical company) announced their partnership to upgrade gene editing tech for crop development further. Under the terms of the agreement, Tropic Bio’s GEiGS (Gene Editing induced Gene Silencing) technology would be studied to develop agricultural traits in BASF’s strategic crop varieties that could address growers’ challenges for sustainability.
GEiGS utilizes established genome editing tools to make precise changes to a few nucleotides within a host organism’s noncoding genome. These changes redirect RNA interference activity of noncoding genes towards target genes, including those belonging to pathogens and pests. Tropic Bio will generate crop candidates using the GEiGS platform to enter the BASF discovery pipeline to develop disease and pest control traits.
Market Scope
Market Research Future (MRFR) has revealed in its new extensive study that the telehealth market 2020 can expect to record a striking growth rate of 22.74% from 2016 to 2024 (assessment period). By 2024, the market is anticipated to touch USD 16,173.8 million, adds MRFR. We will provide COVID-19 impact analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak.
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Growth Boosters and Main Barriers
Prior to the COVID-19 outbreak, telehealth had already gained sufficient momentum and since the pandemic, the technology has garnered more interest from the growing tech-savvy population worldwide. The lockdown measures owing to SARS-CoV-2 have compelled healthcare professionals and patients to opt for remote healthcare. At present, telehealth is not just a supplementary option but has become an essential aspect of the healthcare sector. The market growth is further induced by the rising need for healthcare access from any location, escalating cases of chronic illnesses, scarcity of physicians and the surge in technological innovations in telecommunications. Telehealth is progressively gaining traction in the field of cardiology, radiology, online consultation and behavioral health, which can be a promising factor in market growth.
Governments have been a big help in reducing the challenges posed by the novel coronavirus, by increasingly relaxing their standards and regulations pertaining to healthcare. For instance, in March 2020, the Health and Human Services Office (US Department) waived off the fines for any HIPAA violation to boost the uptake of video conferencing apps such as Zoom, Facetime, WhatsApp and more that don’t comprise the necessary security features.
The market attractiveness is also bolstered by the increasing number of start-ups and new launches, in particular for virtual consultations. To cite a reference, in August 2020, the Pune Smart City Development Corporation Ltd (India) launched a telehealth app to facilitate faster healthcare access to patients, especially given the surge in COVID-19. The app can be used via smartphones or any other devices and the users will be offered live visual/audio consultation, simpler scheduling, fast registration, EMR or HMIS integrations, smoother clinical documentation, summaries and visit notes.
Market Segmentation
Component, mode of delivery, application, and end user are the key segments as per which the telehealth industry has been considered in the MRFR study.
The telehealth market, with respect to component, can be narrowed down into software, hardware and services.
The various modes of delivery include on-premise as well as web/cloud-based. The web/cloud-based delivery mode leads the worldwide market while the on-premise category can observe the fastest growth in the following period.
The primary applications of telehealth are cardiology, radiology, neurophysiology, primary care, and more. In the lead is the radiology section, on account of the rising deployment of telehealth across the radiology field, while the cardiology segment can project the fastest expansion as a result of the accelerated increase in cardiovascular diseases worldwide.
The significant end-users in the telehealth market include home care, diagnostic clinics, hospitals and clinics and others. The biggest share in the global market belongs to hospitals and clinics while the fastest gaining segment can be that of diagnostic clinics.
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Regional Insight
The region-wise distribution of the global market covers the Middle East Africa/MEA, EU/Europe, Asia Pacific/APAC, and the Americas,
Over the next couple of years, the Americas can be the world leader in the telehealth market, thanks to the high adoption rate of the technology in the US/United States. Telehealth has been at the forefront in the battle against COVID-19 in the region, with more and more people actively taking up remote monitoring and teleconsultation services. The prevalence of social distancing between patients and healthcare professionals has boosted the uptake of telehealth as well. The surge in queries with regard to SARS-CoV-2 and various other medical conditions without the need to visit the hospital has driven the preference for online consultations.
The telehealth market in Europe is the second most profitable, in terms of growth. The accelerated need for more streamlined and consistent healthcare monitoring is cited to be a chief booster in the market growth. As of 2018, Italy had been the highest gainer in the Western Europe telehealth market, with a share of 12.4%, reveals MRFR.
APAC is all set to be the fastest gaining market in the foreseeable future, as a result of the expanding geriatric populace and the alarming rise in chronic diseases. The lack of technical personnel as well as the insufficient access to efficient healthcare services has been a major issue in various parts of the region. Therefore, governments have sharpened their focus on offering medical facilities at remote areas via virtual care platforms. For this, pilot projects are being developed, which can mean considerable profits for the telehealth market in the ensuing years.
Leading Vendors
Some of the leading vendors outlined in the extensive report include Allscripts Healthcare Solutions (US), Siemens (Germany), Cisco Systems Inc. (US), Care Innovations LLC (US), Medtronic PLC (Ireland), Honeywell International Inc. (US), InTouch Technologies Inc. (US), Livecare Health (Canada), AMD Global Telemedicine Inc. (US), Boston Scientific Corporation (US), American Well (US), Cerner Corporation (US), Maple (Canada), Philips Healthcare (Netherlands), Dialogue (Canada), GlobalMed (US), Right Health (Canada), to list a few.