The European durable medical equipment (DME) market is expected to reach $55.4 billion by 2024, according to P&S Intelligence.
The market growth is primarily driven by the rising prevalence of chronic diseases and lifestyle associated disorders, surging geriatric population, and increase in number of surgeries and recipients for long-term care. Furthermore, the rising incidence of disabilities is also supporting the growth of the market.
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The monitoring and therapeutic equipment category in the European durable medical equipment market is further classified into blood glucose monitors, infusion pumps, vital sign monitors, oxygen equipment, and others. The market for vital sign monitors is expected to attain a value of more than $5.0 billion by 2024, attributed to the increasing number of diabetic patients in the region. As per the projections made by the WHO, deaths caused by diabetes are expected to double between 2005 and 2030 in the region.
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Increasing product launches are paving the way for various market players to expand their product portfolio in the European durable medical equipment market. For instance, in December 2018, DeVilbiss Healthcare LLC introduced low‐height, semi‐electric, and manual crank beds. These beds are durable and polyethylene molded, embossed with “Head” and “Foot” to help ensure proper assembly.
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Some of the other key players operating in the European durable medical equipment market are Invacare Corporation; Hill-Rom Holdings Inc.; Stryker Corporation; Medtronic plc; Becton, Dickinson and Company; Medline Industries Inc.; Johnson & Johnson; Abbott Laboratories; Koninklijke Philips N.V.; Siemens AG; General Electric Company; Arjo AB; DeVilbiss Healthcare LLC; Handicare Group AB; Permobil AB; and Sunrise Medical. More >>
The laboratory filtration market is expected to grow at a decent pace during the forecast period. The market is mainly driven by the increasing use of laboratory filtration products in the food and beverage industry, introduction of technologically advanced products, increasing research activities in pharmaceutical and biopharmaceutical industries, and surge in the adoption of filtration products in clinical laboratories. More >>
“Orthopaedic Bone Cement and Casting Materials Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027” that presents detailed forecasts of the global orthopaedic bone cement and casting materials market for a period of 10 years (2017 – 2027) by benchmarking the historical market estimations from 2012 to 2016. More >>
Genetic testing is oftenly performed as a part of genetic consultation. These tests are performed either on blood, skin, hair, or amniotic fluid. Genetic tests include the analysis of an individual’s genetic material (DNA or RNA), in order to determine the susceptibility to certain abnormalities or specific disorders or to identify the genetic differences (variants) if any. More >>
Resectoscopes are surgical instruments used in procedures of uterus, prostate, bladder, or urethra. Resectoscopes are primarily used for tissue extraction and removal of masses or growths (fibroids) and damaged tissues. Resectoscopes comprise a camera (such as a wide angle microscope) and extraction instrument (wire loop) which enables surgeons to visualize surgical site and perform surgery through the same incision. Use of resectoscopes in urogenital procedures decrease healing time, reduces surgical trauma, and provides minimally invasive treatment options for the patient.
Increasing prevalence of urinary/urogenital diseases such as benign prostatic hyperplasia (BPH), urinary incontinence, urinary tract infection and hematuria have created immense demand for resection procedures and consequently for sophisticated resectoscopes. More >>
The global surgical shadowless lamps market is driven by the increasing number of neurosurgery, dental surgery, endoscopic surgery, and optical surgery among people all over the world. These devices offer bright and shadow free high intensity light, which is optimal for visualizing small objects and low contrast objects during surgeries and thus, their demand will continue to grow within the coming years. Medical innovations and technological advancements are helping the surgical shadowless lamps market to grow. Medical tourism is increasing in developing nations such as India and China and this is also slated to drive the growth of this market.
As these nations have a high population and unmet medical needs, the demand for surgical shadowless lamps will be high from these regions. More >>
Uro-Gynecological Surgical Devices Market: Overview
Uro-gynecology is an important aspect of medical science and is considered as an important stream of surgical studies. Uro-gynecology is defined as, ‘subspecialty of female reconstructive surgery and pelvic medicines’. According to medical education norms accepted globally, a surgeon specialized in uro-gynecology should use FPMRS as a part of his/her degree, which denotes Female Pelvic Medicines and Reconstructive Surgery.
The scope of the uro-gynecology is very extensive. More >>
A pressure infusor is a cuff and bladder device, specifically designed to provide fast and rapid infusion into a patient’s circulatory system. Pressure infusor pumps sterile parenteral fluid into patients suffering from hypovolemia. More >>
The global cord blood banking services market is exhibiting a CAGR of 5.60% from 2013 to 2019. At the end of this forecast period, the market is expected to reach US$15.23 bn, after it was recorded at US$12.40 bn in 2012. More >>
Global Animal Healthcare Market to Collect US$41.9 Bn with Increased Animal Products Consumption and Fear of Animal Diseases
Global Animal Healthcare Market to Collect US$41.9 Bn with Increased Animal Products Consumption and Fear of Animal Diseases
Published: Jun, 2018
The global animal healthcare market is prognosticated in a report by Transparency Market Research (TMR) to bear a fragmented nature for its vendor landscape as top 10 players accounted for an aggregate share of less than 75.0%. More >>
The global wound dressings market is anticipated in a report by Transparency Market Research (TMR) to witness high competition and bear a significantly dynamic characteristic. Companies may participate in mergers and acquisitions and largely focus on introducing new combination dressings to strengthen their position in the market. Braun Melsungen AG, Derma Sciences, Inc., and 3M Healthcare are some of the leading companies operating in the industry. As per the recommendation provided in the report, companies could solidify their presence in the market by ameliorating their distribution network. More >>
The global capnography equipment market has been studied by Transparency Market Research (TMR) to hold a probable characterization driven by the existence of prominent players such as Nonin Medical, Inc., Nihon Kohden Corporation, Medtronic, Inc., Masimo Corporation, Dragerwerk AG, and Covidien, plc. More >>
A recent commerce and business intelligence study by Transparency Market Research (TMR) detects the Middle East and Africa (MEA) defibrillators market features a consolidated vendor landscape. The handful of players that dominate this market are based outside the region either serve via third-parties or establish their own value chain. Key vendors that serve this region are vying to enter into strategic alliances with local companies to tap growth opportunities in the region. More >>
Future Market Insights, in its latest research, delivers key insights on the factors impacting the global digital mobile X-ray device market. According to the report, demand for digital mobile X-ray devices will continue to be fuelled by applications in orthopaedic- and chest-imaging. These two end-use applications accounted for 60% revenue share of the market in 2016.
Key Driving Factors
Increasing emphasis on diagnostic imaging services by various government bodies.
Increasing geriatric population – according to WHO, global geriatric population will reach 2 billion by 2050
Rising incidences of orthopaedic diseases and bone injuries – WHO estimates global prevalence of arthritis to between 0.3% and 1%
Contractual agreements and acquisitions by manufacturers
Increasing adoption of 3D medical imaging equipment, especially in the field of orthopaedics
Increase in the number of free standing imaging centers
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High cost of clinical trials and stringent regulations have remained longstanding challenges for manufacturers
Lack of inadequate imaging infrastructure in developing countries. High cost associated with initial set up and installation has been identified as a major restraint
Increasing pressure on the healthcare budget in the U.S. and rising awareness among patients about the potential health impact of radiation
By product type, mobile devices will continue to outsell handheld devices. In 2016, of the US$ 7.67 Bn worth of digital X-ray devices sold, 91.5% were mobile devices. However, owing to their small base size, demand for handheld digital mobile X-ray devices will grow at a higher CAGR than mobile devices.
Hospitals and radiology centers will continue to be the leading end-users of digital mobile X-ray devices globally. These two end-users collectively accounted for nearly 70% revenue share of the market in 2016. According to Future Market Insights’ research, these two end-use sectors will continue to account for the bulk of demand for digital mobile X-ray markets during the forecast period.
Region-wise Analysis and Forecast
North America is the largest market for digital mobile X-rays globally. Demand for digital mobile X-ray devices in the region is fuelled by strong sales in the U.S.
North America’s revenue share of the global market was nearly 32% in 2016. Owing to increasing demand in Asia Pacific excluding Japan (APEJ), Latin America, and Japan, North America will witness a slight dip in revenue share over the forecast period.
APEJ is projected to be the fastest growing market for digital mobile X-ray devices globally. The market in the region is expected to grow on account of high volume demand from China and India.
The Eastern Europe digital mobile X-ray market will witness slowest growth among all regions.
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Competitive Landscape Analysis
Leading companies in the global digital mobile X-ray devices market are General Electric Healthcare Limited, Siemens AG, Esaote SpA, Hitachi Ltd., Koninklijke Philips N.V, Planmed OY, EOS Imaging, and Toshiba Medical Corporation. These leading companies are eyeing the lucrative APEJ market to capitalise on the growing opportunities.
Future Market Insights maintains a positive outlook on the global digital mobile X-ray market, projecting it to grow at 7.1% CAGR through 2026. More >>
Leading hospital organizations including the AHA and FAH outlined an agenda for advancing interoperability and data sharing in the coming years. They urged EHR vendors to adopt shared, nonproprietary APIs to better share data between them. More >>
Most people would think that texting during a date would be considered rude and inappropriate. However, there may be circumstances that come up that would require a text. Maybe you forgot to tell the babysitter something and sneaking in a text would be less distracting then excusing yourself for a phone call. Listed below are … More >>
cold, cough and sore throat remedies market
Seeking professional medical help for curing cold, cough or sore throat is become a rare practice, let alone getting admitted in a hospital. Prevalence of cold, cough & sore throat problems through the ages has made people more independent in terms of treating them. In the years to come, effective home remedies will continue to gain traction and people will be taking care of their cold or sore throat through such easy-to-treat remedies.
Future Market Insights’ latest report delivers such discernments that are expected to leave a considerable imprint on the global market for cold, cough & sore throat remedies. Based on the report, the global cold, cough & sore throat remedies market is presently valued at US$ 32.4 Bn, and is anticipated to incur sluggish growth at 3.2% CAGR to bring in just over US$ 45.4 Bn by the end of 2026. The report distinctly indicates that rising adoption of self-medication practices and effective home remedies is restraining the market’s overall growth.
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In the report, titled “Cold, Cough and Sore Throat Remedies Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” affordability of OTC drugs, rising economic burden of respiratory diseases, availability of medications in variable dosages, and fast & instant relief delivered through such cold, cough & sore throat remedies are driving the market’s growth. Nevertheless, the demand for cold, cough & sore throat remedies is less likely to soar at a healthy rate.
Product Recalls & Low Entry of New Players Impacting the Market’s Growth
Firstly, the global cold, cough & sore throat remedies market is projected to witness umpteen product recalls. Global leaders in pharmaceuticals industry such as Novartis AG, Pfizer Inc., Bayer AG, GlaxoSmithKline plc., and Reckitt Benckiser Group plc are key players in the global market for cold, cough & sore throat remedies. Despite, there are several newly-launched products that have been recalled after FDA’s censure. Besides, even consumer goods behemoths such as Procter & Gamble Co. and Johnson & Johnson Services Inc. are partaking in the market’s growth. This has resulted in a lowering entry of emerging drugmakers, which has further distorted the market’s growth. Other leading manufacturers of cold, cough & sore throat remedies include AstraZeneca plc, Prestige Brands Inc., and Sun Pharmaceutical Industries Ltd.
The report highlights how Asia-Pacific excluding Japan (APEJ) region will remain the largest market for cold, cough & sore throat remedies. The region’s proximity to environmental pollution makes its residents more prone to respiratory diseases. With over 30% stake in global revenues, the APEJ cold, cough & sore throat remedies market will global dominate through 2026. North America and Europe will also remain at the forefront, by collectively accounting for nearly half of the global revenues throughout the forecast period.
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The report further reveals that in 2017 and beyond, the demand for antihistamine drugs, expectorants and decongestants will remain considerably high as these revenues from sales of these drugs will showcase growth at more than 3% CAGR. Tablets or pills and nasal drops will also dominate as dosage types, accounting for over 40% share of market value through 2026. The report also predicts retail pharmacies & drug stores as the largest distribution channels for cold, cough & sore throat remedies. Together, these channels will bring in nearly US$ 30 Bn by the end of 2026. More >>
"Voice user interfaces are an essential step to humanizing the EHR," says Vanderbilt University Medical Centers Dr. Yaa Kumah-Crystal, who will be speaking at HIMSS19. Vanderbilt University Medical Center is one of the first provider organizations to develop a voice assistant for electronic health records that can give verbal summaries back to providers using natural language processing.With VEVA, the Vanderbilt EHR Voice Assistant, the health system is using NLP artificial intelligence from Nuance to help interpret voice requests, and HL7's SMART on FHIR standard to pull pertinent data and provide relevant summaries. More >>
HealthcareGuys News is all about providing articles related to healthcare topics assembled and curated from selectively picked blog sites. Apart from providing the content, the site also provides different statistics and analytics like how many times the article was Tweetted, shared in Facebook or LinkedIn, liked by the healthcare enthusiasts, etc. The best part is, we can get to the most trending articles for each day, for the week, month, quarter or for a whole year based on the share count.