Crucial Need for Early Staging of Cancer Sets the Pace for Development of New Techniques in Breast Cancer Diagnostics Market: TMR
ALBANY, N.Y., Nov. 17, 2020 /PRNewswire/ -- Stakeholders including medical companies are relentlessly working toward developing and unveiling breast diagnostic approaches that are cost-effective, accurate, and rapid detection. The drive comes from the need for early-stage cancer detection for breast cancer for reducing the prevalence and also lowering the mortality rate.
Telepharmacy Market Analysis, Share, Forecast to 2024
There is no doubting the exponential surge of the telemedicine and telehealth market. The market is poised to expand at a significant rate in the next few years. Additionally, the advent of telepharmacy is expected to substantially impact the telemedicine and telehealth market in terms of enhancing its rural reach as well as worldwide penetration.
Medical Equipment Maintenance Market Insight and Trends 2025
The increasing emphasis on the maintenance of medical equipment has propelled the need to enhance patient safety and quality care in medical setups, thereby boosting the growth of the global medical equipment maintenance market. Many medical associations are focusing on establishing and running carefully designed programs for better maintenance of medical equipment. Such factors will help promote the growth of this market in the forecast duration set between 2021 and 2031.
Orthopedic Bone Cement Market Trends and Forecast to 2026 – TMR
The development of modern treatment options have proved as extensive growth avenues for several markets. The global orthopedic bone cement market is one among them. The market has grown at a steady pace in the past few years, and is expected to climb at a competitive rate in the coming years.
Fabry Disease Treatment Market Trends and Forecast to 2026
An unusual X-linked lysosomal storage condition is known as fabry disease. In this patient suffers from lack of alpha galactosidase enzyme that leads to progressive organ dysfunction. Abnormal accumulation of a specific fatty matter is called globotriaosylceramide is the mainly responsible for the development of fabry diseases. This abnormal accumulation in multiple tissues of the body is found in skin, eyes, heart, kidney, brain, gastrointestinal system, and central nervous system.
Extensive Popularity of Minimally Invasive Surgeries and Cosmetic Procedures to Accelerate the Growth Prospects of the Implantable Medical Devices Market, Says TMR
ALBANY, N.Y., June 10, 2021 /PRNewswire/ -- As surgical procedures become mainstream, the popularity of implantable medical devices continues to surge extensively. Numerous individuals undergo different surgeries involving the removal or fixing of implantable medical devices. Thus, all these factors will significantly impact on the growth of the implantable medical devices market across the forecast period of 2019-2027.
Cardiac Pacemakers Market: Rise in Geriatric Population Boost Market Growth | BioSpace
Transparency Market Research (TMR) has published a new report titled, ‘Cardiac Pacemakers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global cardiac pacemakers market was valued at US$ 9,514.0 Mn in 2018 and is projected to expand at a CAGR of 7.8% from 2019 to 2027.
E. Coli Testing Market: Combination Pills Segment to Dominate Market | BioSpace
- According to Transparency Market Research’s latest report on the global E.coli testing market for the historical period 2017–2018 and forecast period 2019–2027, High morbidity and rapid spread of E. coli augment the market growth and Increase in initiatives by government and nongovernment organizations to create awareness are projected to drive the global E.coli testing market during the forecast period
Status Epilepticus Treatment Market Will Escalate Rapidly in the Near Future
Status Epilepticus Treatment: Introduction
- Epilepsy is categorized as a chronic disease of the brain and continues to affect millions of individuals across the world
- Prevalence of epilepsy is marginally higher in men compared to women; however, it affects individuals from all age groups. The prevalence of focal seizures is higher than generalized seizures in children and adults.
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- The prevalence of epileptic seizures is higher in low- to middle-income countries, which drives the demand for epileptic seizure treatment is developing countries
- Major factors responsible for the high prevalence of epileptic seizures in developing countries are acute symptomatic seizures, misdiagnosis, and lack of advanced medical infrastructure
Key Drivers of Global Status Epilepticus Treatment Market
- Epilepsy has emerged as a critical cause of mortality and disability across the world. Hence, considerable attention has been given to the development and discovery of new status epilepticus treatment. This is projected to drive the global status epilepticus treatment market during the forecast period.
- Presently, players involved in the status epilepticus treatment market are increasingly focusing on reducing the burden of status epilepticus treatment, improving access to existing status epilepticus treatments, and development of new vaccines and drugs particularly in the low/middle-income countries.
- Rise in prevalence of status epilepticus and acute repetitive seizures is the major factor boosting the growth of the global status epilepticus treatment market. Additionally, introduction of novel drug treatments and route of administration for status epilepticus fuel the growth of the global status epilepticus treatment market.
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Convulsive Status Epilepticus Segment to Dominate Global Market
- In terms of type, the global status epilepticus treatment market can be bifurcated into convulsive status epilepticus and non-convulsive status epilepticus
- The convulsive status epilepticus segment accounted for the largest market share in 2019 owing to significant use of status epilepticus treatment for convulsion or tonic-clonic seizures
Hospitals to be Highly Lucrative Segment
- Based on end-user, the global status epilepticus treatment market can be categorized into hospitals, ambulatory surgical centers, home care settings, and others
- The hospitals segment is anticipated to account for major share of the global status epilepticus treatment market by 2030 due to increase in hospitalization for epilepsy surgeries
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North America to Offer Significant Opportunities in Status Epilepticus Treatment Market
- In terms of region, the global status epilepticus treatment market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America accounted for major share of the global market in 2019 owing to increase in incidence of epilepsy. Epilepsy affects nearly 2.5 million people in the U.S., and results in an estimated annual health care cost of US$ 15.5 Bn.
- The status epilepticus treatment market in Asia Pacific is projected to expand at a high CAGR during the forecast period due to high prevalence of epilepsy in India and China, increase in penetration due to better market access options in China, and expected approval of drugs with novel mechanisms.
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Key Players Operating in Global Status Epilepticus Treatment Market
The global status epilepticus treatment market is semi-consolidated, with the presence of international and local players. Key players operating in the global status epilepticus treatment market are:
- SAGE Therapeutics
- Marinus Pharmaceuticals
- Lundbeck
- CURx Pharmaceuticals
- Pfizer, Inc.
- Sunovion Pharmaceuticals, Inc.
- Valeant Pharmaceuticals International, Inc.
- Sanofi S.A.
- GlaxoSmithKline plc
- Johnson & Johnson
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Endoscope Washer-Disinfectors Market: Technological Growth Map over Time to Understand the Industry Growth Rate
Endoscope Washer-Disinfectors Market: Overview
Continuous advancements have been made in the design and functionality of endoscopes. A wide range of endoscopes are finding acceptance in clinical settings, such as in gastroenterology and hepatology. Together with the proliferating use of endoscopy procedures around the world, the need for cleaning and disinfection of endoscopes has also gained commercial force. This drives the market proposition of state-of-the art endoscope washer-disinfectors.
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The use of disinfectors not just improves patient tolerability and safety of endoscopes but also retains the quality and boosts the durability. But most importantly, what is driving the evolution of endoscope washer-disinfectors market is lowering the risk of transmission. A number of state-of-the art manufacturing units have cropped up over years to meet the demand for healthcare providers, where end users are promised a safe and reliable endoscope reprocessing. Growing number of reprocessing systems for endoscopes is also boosting the market.
The study on the endoscope washer-disinfectors market presents a critical evaluation on the key forces shaping the buyers’ and consumers’ preferences. The insights offered by market analysts takes a closer look at the strategic landscape and the technological advances attracting new slews of investments in prominent regional markets.
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Endoscope Washer-Disinfectors Market: Key Trends
Rise in number of endoscopic procedures over the past few years is a key trend bolstering the demand for antimicrobial cleaning and disinfection of endoscopes, thereby boosting the market prospects of endoscope washer-disinfectors. The presence of potentially pathogenic microorganisms elevates the risk. Some of the organisms are Aspergillus brasiliensis, Candida albicans, Clostridium sporogenes, and Enterococcus faecium. The growing awareness about endoscope washer-disinfectors in patients and user safety is also a compelling proposition in the endoscope washer-disinfectors market.
A number of studies have taken place in understanding the impact of endoscope storage on the safety of endoscopy procedures. The incorporation of strategies that allow manufacturers to have access to finest quality disinfection devices is also a promising trend in the endoscope washer-disinfectors market. This has paved way to endoscope washer disinfectors in a wide range of specifications.
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The growing adoption of ultra-thin caliber endoscopes in various hospital settings is a key driver for technological advances in the endoscope washer-disinfectors market. Improvements in healthcare infrastructure in numerous developing regions of the world will boost the prospects.
Endoscope Washer-Disinfectors Market: Competitive Dynamics and Key Developments
A growing number of players are leaning on unveiling state-of-the art technologies that are also versatile with endoscopes with different manufacturers. Top players are also keen on meeting the demand for customization. Several manufacturers are emphasizing on automating the disinfection workflows to a large extent. This has also defines their production advancements and innovation strategies in recent year.
Further, they are striving to use better materials in making the body of the equipment to make it more reliable and sturdy. In recent years, in-house manufacturing has picked up pace, and will define the competitive dynamics in the coming years.
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Some of the key players in the endoscope washer-disinfectors market are Steelco SpA, Medonica, Choyang Medical, Belimed, Getinge Infection Control, Shinva Medical, Wassenburg Medical, ANIOS Laboratoires, Steris, Medivators, and Olympus Corporation.
Endoscope Washer-Disinfectors Market: Regional Assessment
Regionally, North America has been a highly lucrative market for manufacturers. A growing body of research and studies that assess endoscope cleaning and disinfection efficacy has added momentum to the revenue generation in the regional market. Asia Pacific is also a promising market. Its attractiveness is fueled by advances made in endoscopy procedures in all clinical settings.
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Melanoma Therapeutics Market Size, Share, Trend and Industry Analysis Report
Global Melanoma Therapeutics Market: Overview
The global melanoma therapeutics market is expected to be driven by the rising cases of melanoma and many other types of skin cancers. Cancer-related to skin is of three different types, which are melanoma, squamous cell carcinoma, and basal cell carcinoma. Melanoma is caused by the skin cells containing pigments. Found mostly in areas with sunny climate, melanoma is regared the deadliest of these three types of skin cancer. Genes and UV radiations are primarily responsible for causing melanoma. In addition to cancer, various skin allergies and skin infections are also on the rise, which is likely to augur well for the skin treatment and therapeutics industry.
Treatments that are available for melanoma comprise pharmacotherapy, radiation therapy, and surgery. In addition, chemotherapy, immunotherapy, and adjuvant therapy are other therapies that are found in the market for treating melanoma. Along with the rising cases of melanoma, advancement in the healthcare facilities are likely to work in favor of the global melanoma therapeutics market in the years to come. Besides, various initiatives by the government and technological progress are likely to support growth of the market in the years to come.
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Drugs, therapy, and region are important factors in the market that has been considered for the classification of the global melanoma therapeutics market.
Global Melanoma Therapeutics Market: Notable Developments
In the recent past, there have been some promising and futuristic developments in the global melanoma therapeutics market. The market has witnessed the presence of several prominent market players with each of the players vying for more revenue and greater reach. Relentless research and development activities has played a crucial role in the expansion of the share of the market and increasing revenue for the market players.
Some of the prominent companies in the global melanoma therapeutics market are mentioned below:
- Daiichi Sankyo Co.
- Bristol-Myers Squibb Co
- Hoffmann-La Roche, Ltd
- AB Science S.A.
- Pfizer, Inc.
- Eisai Co., Ltd.
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Global Melanoma Therapeutics Market: Key Trends
The global melanoma therapeutics market comes with the prevalence of the following promising opportunities, hurdles, and growth-promoting elements.
Increased Prevalence of Melanoma and Adoption of Therapeutics for Treatment to Boost Demand
There has been an increased adoption rate of this therapeutics amongst the patients, which is likely to work in favor of the global melanoma therapeutics market. In addition to that, several government initiatives have proven to be favorable for the melanoma therapeutics market. On the other hand, there is lack of awareness amongst the patients in the developing countries about the availability of this form of treatment. In addition, outbreak of Covid-19 has caused severe economic crisis across the globe, which is estimated to hamper development of the global melanoma therapeutics market over the tenure of assessment, from 2020 to 2030.
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Increasing population and rapid economical growth in developing parts of the world, such as China and India are estimated to create immense growth opportunities for the global melanoma therapeutics market. Inventions in the medicinal industry along with increased availability of more efficient drugs are likely to offer promising growth opportunities for the players in the market.
Global Melanoma Therapeutics Market: Geographical Analysis
In the global melanoma therapeutics market, North America is expected to dominate the market over the period of projection, from 2020 to 2030. Prevalence of awareness about melanoma and availability of latest methods of treatment in the region is likely to propel development of the global melanoma therapeutics market in the years to come. Asia Pacific is foreseen to offer highly lucrative opportunities to the players in the melanoma therapeutics market, Presence of a large base of population and sunny climate are likely to work in favor of the market in the years to come.
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Pharmaceutical Continuous Manufacturing Market Development, Trends, Segmentations Analysis
The global pharmaceutical continuous manufacturing market is highly competitive due to presence of numerous players, finds Transparency Market Research (TMR). Some of the key players operating in the global pharmaceutical continuous manufacturing market GEA group, Siemens AG, Continuus Pharmaceutical, Korsch AG, S K Biotek ltd, Corning Life Sciences, Scott Equipment Company, and Chemtrix. Key players are aiming to provide safer equipment, to achieve this the key players are investing on research and developing activities for offering better product.
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TMR anticipated the global revenue of the pharmaceutical continuous manufacturing market to expand with a CAGR of 8.8% over the forecast period from 2017 to 2025. With this pace, the market is expected to attain value of US$3.693 bn by the end of 2025 from the registered value of US$1.74 bn in 2016.
On the basis of application, biologics accounts for a dominant position in the market. It held a share of about 35.3% in the global market in 2016. Among them, Europe leads the market with maximum share on the back of rising demand for superior technology from contract manufacturing organizations and pharmaceutical companies. The region accounted for a leading 35% share in the market in 2016.
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Advantages of Continuous Process Manufacturing to Boost Growth
In continuous production process, active ingredients are prepared in the small and closed units in the rented or borrowed automation equipment with fewer manual inference. The manufacturing process is conducted in batches in continuous process. It uses production capacity of plant continuously which is a key benefit of the process.
The continuous process minimizes the fluctuations in the production to improve yields and lowers the cost of operation substantially. On the back of aforementioned factors, companies are adopting the continuous manufacturing process is especially in pharmaceutical industry which is driving growth of the global pharmaceutical continuous manufacturing market.
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Improved Safety in Process to Boost Adoption
Continuous manufacturing process are able to speed up the manufacturing process and improve safety while using hazardous chemical and conduct risky process. It improves efficiency of the pharmaceutical manufacturing are boosting adoption of the pharmaceutical continuous manufacturing process across numerous companies which is driving growth of the global pharmaceutical continuous manufacturing market.
Despite of these growth prospect, lack of technical and regulatory clarity are limiting adoption of the pharmaceutical continuous manufacturing process which is hampering growth of the global pharmaceutical continuous manufacturing market.
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Nevertheless, ease in the monitoring and control without process analytical technology (PAT) coupled with advancements in PAT have improves adoption of the pharmaceutical continuous manufacturing process which is creating lucrative opportunities in the global pharmaceutical continuous manufacturing market for upcoming years. Additionally, continuous process is expected to have growth prospect owing to the maturing of mix of sophisticated technologies leading to accurate monitoring, automation, better equipment, and software.
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Biochemical Reagents Market: Business Overview and Global Development Trends
The global biochemical reagents market is projected to be positively impacted by mushrooming research and development activities, increasing awareness among patients, and surging prevalence of cancer and neurological, cardiovascular, and infectious diseases. The market could fuel its growth in quick time with the development of technologies such as deoxyribonucleic acid (DNA) biochips and sequencing and polymerase chain sequencing (PCR). These technologies greatly rely on sensitive biochemical reagents.
The biochemical reagents market in North America could be strengthened by the medical biotechnology sector prospering on the back of the early-phase diagnosis and treatment of diseases. Other factors such as promising government policies related to healthcare infrastructure and high per capita expenditure for healthcare are expected to fortify the growth of the market.
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As stated by Transparency Market Research (TMR), the global biochemical reagents market is prophesied to be worth a US$23.1 bn by the completion of 2022, growing at a 10.2% CAGR. The market was worth a US$14.2 bn in 2017.
Global Biochemical Reagents Market: Major Insights
The international biochemical reagents market is predicted to grow at a fast pace owing to applications in important sections of the life sciences and healthcare sectors. Biochemical reagents could also be engaged in the monitoring, treatment, and diagnosis of disorders and diseases. In pharmaceutical, biotechnology, and medicine research, biochemical reagents could be used in association with detection and imaging technologies. The rising demand for mycoplasma kits and reagents, cell-viability kits and reagents, biological detergents, biological buffers, and biochemical reagents for antibiotics is prognosticated to set the tone for a significant growth in the market.
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The international biochemical reagents market is anticipated to witness a segregation according to product, where key segments could be polymerase chain reaction (PCR) reagent kits, cell and tissue culture reagents, electrophoresis reagents, chromatography reagents, and others. The report foresees the market to testify the lead secured by chromatography reagents in terms of revenue. As studied by the analysts, chromatography reagents are expected to clutch a paramount share in the market. By the end of 2022, chromatography reagents could account for a US$9.1 bn revenue.
With respect to end user, the segmentation of the international biochemical reagents market is forecasted to include hospitals, diagnostic centers, academics and research, pharma and biotech companies, and contract research organizations (CROs).
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Geographically, Europe, North America, the Middle East and Africa (MEA), Asia Pacific except Japan (APEJ), Japan, and Latin America are envisioned to be important segments of the international biochemical reagents market. If the leading region is concerned, North America could well be a strong candidate with a US$9.1 bn envisaged to be earned by 2022 end. Europe could be another region with a decent growth expected to be showcased by the concluding forecast year at a 9.4% CAGR.
Global Biochemical Reagents Market: Vendor Landscape
The worldwide biochemical reagents market is foretold to include significant players such as Beckton, Dickinson & Company, Merck & Co., Inc., Abbott Laboratories, Agilent Technologies, Inc., Waters Corporation, Siemens Healthineers, Thermo Fisher Scientific, Inc., Bio-Rad Laboratories, Roche Holding AG, and Johnson & Johnson.
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Cell Based Assays Market - SWOT Analysis of Major Industry Segments
Constant entry of biotechnology and pharmaceutical companies in the global cell based assays market accounts for the prevailing forces of fragmentation, notes Transparency Market Research (TMR). These companies benefit increasingly from substantial financial clout they have, which helps them leverage the forces of competition in their favor, finds TMR.
Some of the key players vying for sizeable stakes in the global cell based assays market are Danaher Corporation, Thermo fisher Scientific Inc., Marin Biologic Laboratories, Essen BioScience Inc., Enzo Life Sciences, Inc., and QGel SA.
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The global cell-based assays market was worth approximately US$1.36 billion in 2017. During 2017–2022, the market is projected to expand at CAGR of 7.7% and reach a valuation of US$1.97 billion by 2022 end.
Based on end user, the biotechnology and pharmaceutical segment holds the sway in the global cell based assays market. The segment will continue to hold a major share globally in the coming few years as well. The growth is propelled by rapid application of cell-based assays in drug discovery world over.
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Regionally, North America accounted for the major share in the global cell-based assays market in 2017. The regional market will clock a CAGR of 8.2% during 2017–2022. The growth is fueled by substantial volumes of investments being poured into research and development activities in the region.
Widespread Application in Drug Discovery Applications propels Growth
The global cell based assays market is driven increasingly by the widespread application of the methodologies in drug discovery applications in drug making. The applications are notably bolstered by rapidly rising number of drugs for chronic diseases in various regions across the world. The prevalence of cardiovascular diseases and diabetes is also fueling the demand for cell-based assays.
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There contours of the global cell based assays market is shaped by the rising demand for more efficacious drugs for various life-threatening diseases. The growing role of cell-based assays in drug discovery for cancer is a case in point.
Growing role of cell-based assays in accelerating time-to-market of drugs by pharmaceutical and biotech companies is a key trend aiding in the rapid stride of the global cell based assays market. These assays occupy notable a pivotal role in reducing the instances of late-stage drug failures. Moreover, rising demand for cell-based assays methodologies in investigational new drugs is a key trend boosting the market. Furthermore, growing number of in vitro drug studies based on cell-based assays is fueling the market’s growth.
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High Cost of Assay Instruments and Unfavorable Regulatory Framework hampers Prospects
However, the steady growth of the global cell-based assays market is hindered by the high cost of assay instruments and lack of suitable regulatory framework for the use of reagents. Nevertheless, the rising worldwide demand for novel drugs and treatments is also likely to create new, exciting avenues in the market. The rising use of cell-based assays in various ultra-high throughput screening also paves way for lucrative opportunities for pharmaceutical and biotech companies. Furthermore, exciting strides witnessed in synthetic biology in recent years are also underpinning the growing prospects of the global cell-based assays market.
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HCS Software and Services Market Will Generate New Growth Opportunities in Upcoming Year
The global HCS software and services market is anticipated to witness a surge in demand according to a market report published by Transparency Market Research (TMR). The market is predicted to grow due to leading players acquiring technology and regional players. For example Olympus Corporation, which is one of the leading player in the market is planning to acquire lithotripsy systems from Cybersonics, Inc.
Introduction of several new products due to expansive research and development from these players is foreseen as to provide a lucrative approach for the growth of the market. For example Thermo Fisher Scientific, Inc., which is a major player in the global market recently showcased innovations for research and clinical labs. Some of the other players in the market are General Electric Company, Danaher Corporation, Merck & Co., Inc., PerkinElmer, Inc., and Becton.
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According to Transparency Market Research, the global market for HCS software and services market is envisaged to expand at 6.9% CAGR during the forecast time 2017- 2022. During this period the market is anticipated to be worth at US$1164.8 mn. HCS services based on the publication has dominated the segment and will be valued at US$0.8 bn the end of 2022.
It is expected to hold a major share of 71.6% of the total market share by the end of 2022. Geographically, North America accounts for a major share in the market and is expected to expand at a 7.5% CAGR in the region during the assessed period.
Technological Advancements to Bolster the Growth of the Market
The global market for HCS software and services market is driven by the fact that in future there will technological expansions in HCS advancement, cellular research funding, accompanied with constraint cost in research and development of pharmaceutical industry. HCS software and services are anticipated to find its application in assessment of bioavailability, qualitative assays, and lead specificity, thus attracting more consumers.
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The market is expected to see a strong presence of the secondary screening of cells for studies. Educational and research institutions are predicted to play a significant role in the growth of the market. Major players are foreseen to receive a hefty amount of opportunities for separation analysis and cell scalability.
High Cost of HCS Instrument to Deter the Market Growth
Demand for cell analysis is anticipated to push the global market for HCS software and services. Large scope in discovery of drugs and enhanced toxicity studies will burgeon the growth of the market. Rise in number of new diseases and prevalence of old ones is making the demand for HCS software and services to discover drugs. Thus rise in awareness among the consumers is prognosticated to cause a positive impact on the market. However, high cost is likely to bring down the growth of the market.
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Other factors such as few numbers of implementation of HCS instruments throughout the world due to lack in skilled and financial support is said to deter the growth of the market. Rise in growth of effective purification protocols are expected to hamper the growth of the market during the forecast period.
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Nanoemulsion Market Segments, Leading Player, Application & Forecast Analysis
The global nanoemulsion market is witnessing high competition due to presence of several players, observes Transparency Market Research (TMR).
Some of the prominent players operating in the global market for nanoemulsion are Mitsubishi Tanabe Pharma Corporation, GlaxoSmithKline plc, Sanofi, Novartis AG, AbbVie Inc., Allergan plc, AstraZeneca Inc., Kaken Pharmaceutical Co., Ltd., Fresenius Kabi AG, and B. Braun Melsungen AG. These companies are increasingly investing on research and development activities for launch of advanced nanoemulsion products.
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The revenue of the global nanoemulsion market was registered in 2016 at the value of US$6.78 bn and expected to grow with the CAGR of 9.2% over the forecast period and attain the value of US$14.91 bn by the end of 2025. The NSAIDs is expected to attain revenue of US$2.470 bn due to the increasing usage nanoemulsion formulation in topical and other form of drugs and its route of administration for efficiency. On the basis of region, North America accounted for the larger share of about 39.7% in 2016. This growth of the region is attributable to increasing demand from mature pharmaceutical and biotechnology market and increasing research activities in the region.
Increasing Awareness about Chronic Diseases and Availability of Treatments to Fuel Growth
Nanoemulsion are able to dissolve large amount of hydrophobics coupled with ability of protecting drugs from processes such as hydrolysis and enzymatic degradation make them ideal carrier. The several advantages of nanoemulsion over conventional emulsion including micro-droplet size of nanoemulsion with higher efficiency as a better carrier. The aforementioned factors are driving growth of the global nanoemulsion market.
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The factors such as rapid technological advances in the field of pharmaceuticals and biotechnology industry, increasing awareness about chronic diseases and availability of treatments are positively influencing growth of the global nanoemulsion market.
Additionally, numerous government policies favoring the target specific drugs delivery systems are boosting adoption of target specific drug delivery systems which is fuelling growth of the global nanoemulsion market. Launch of technologically advanced products to meet the demand for efficient drug delivery systems is positively impacting on a growth of the global nanoemulsion market.
High Demand from Personal Care Industry to Drive Demand
Increasing healthcare facilities mainly in the developing countries, increasing economic stability, and increasing contribution of key players in in developing economies such as Latin America, Asia Pacific, and the Middle East and Africa. This is propelling growth of the global nanoemulsion market.
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However, manufacturing cost of nanoemulsion are restraining growth of the global nanoemulsion market. Nevertheless, other advancements such as the no effects of flocculation and sedimentation, and non-toxic nature makes them suitable to be used in beauty products and baby-care products such as creams and lotions. The adoption from personal care industry has created lucrative opportunities for key players in the global nanoemulsion market for growth and high revenue generation.
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