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Sinus Dilation Devices Market : Emerging Trends, Business Growth Opportunities, Major Driving Factors

5 min read

Advances in endoscopic techniques have expanded the scope of different sinus dilation devices market in ENT care. The sinus dilation devices market has reaped a substantial revenue gains from the growing clinical acceptance of balloon sinuplasty (BS) among otolaryngologists and patients. Growing uptake in patients with chronic rhinosinusitis is a case in point. The global ENT industry has been quick to adopt systems that reduces the total cost of care for patients, thereby augmenting the prospect of BS in office settings.

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Meanwhile, new avenues in the sinus dilation devices market have been fueled by research and development of new type of devices particularly sinus stents that are of the drug eluting type. The segment will contribute to the revenue of the global market at rapid rate. Further, over the years, numerous standalone sinus procedures have been gathering steam in patients.

Some of the well-entrenched players in the sinus dilation devices market are Smith & Nephew plc, Medtronic Plc, KARL STORZ, Olympus Corporation, Stryker ltd., and Meril Life Sciences Pvt. Ltd.

The global sinus dilation devices market stood at US$2021.4 in 2017 and is projected to clock a CAGR of 8.2% during 2018–2026.

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Focus on Expanding the Continuum of Care in ENT Catapults North America to Prominence

Constant focus on expanding the continuum of care has unleashed a spirit of innovation among medical makers and endoscopy manufacturers, especially in developed nations. More notably, this has been fueling the prospects of the North America sinus dilation devices market over the past several years. Together with Europe, it accounted for more than three-fourth of the regional shares in the global sinus dilation devices market. Uptake of cutting-edge technologies for sinus surgeries in the nations of these regions is factor upholding the high growth in these regional markets.

More recently, new untapped avenues in Asia Pacific has motivated several players to shift their attention there. Especially Japan and India are becoming emerging markets with growing populations with sinusitis.

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Balloon Catheter Dilation Techniques Gain Popularity

Growing demand for minimally-invasive procedure for patients with chronic rhinosinusitis is one of the key trends boosting the sinus dilation devices market. The advent of sinus dilation devices has complemented endoscopic sinus surgery procedures.

Growing acceptance of balloon catheter dilation for the treatment of chronic rhinosinusitis has considerably expanded the revenue potential in the sinus dilation devices market. They are frequently being adopted for functional endoscopic sinus surgery. The trend has been fueled by patients moving from inpatient to outpatient settings for the treatments in various parts of the world. The prevalence of chronic rhinosinusitis has also spurred candidates for balloon catheter dilation, as is evident in case of chronic rhinosinusitis.

Design advances have led to advent of sinus dilation devices that can navigate difficult sinus anatomy. These have increased the scope of new systems in the sinus dilation devices market. Growing utilization balloon catheter dilation tools among surgeons in developed countries is boosting the market. Expanding guidelines in key regions pertaining to key indications for balloon sinuplasty help cement the prospects. 

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The study presented here is based on a report by Transparency Market Research (TMR) titled “Sinus Dilation Devices (Balloon Sinus Dilation, Sinus Stents, Endoscopy (Rhinoscopes and Sinuscopes), FESS Instruments; Procedure – Standalone and Hybrid; Patient Type – Adult and Pediatric; End User – Hospitals, Ambulatory Surgical Centers, and ENT Clinics) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018–2026.”

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Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.”

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Intracranial Stents Market Report Analysis With Industry Share

4 min read

Transparency Market Research (TMR) has published a new report titled ‘Intracranial Stents Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ According to the report, the global intracranial stents market was valued at US$ 298.7 Mn in 2017. It is projected to expand at a CAGR of 10.4% from 2018 to 2026. Aging population and longer life-expectancy, increased awareness, and acceptance of advanced devices are key factors that are likely to drive the intracranial stents market from 2018 to 2026.

Intracranial stents is a considerably less invasive technique, as compared to the conventional open surgery, for the management of vascular malformation. Hence, there are fewer complications and the hospital stay is relatively brief. Blood loss is lesser than traditional surgical treatment, and there is no obvious surgical incision. Intracranial stents can be used to treat tumors and vascular malformations that either cannot be removed surgically or would involve great risk if surgery was attempted. Intracranial stents is an effective and safe minimally-invasive alternative to surgery.

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The report offers detailed segmentation of the global intracranial stents market based on product type, disease indication, end-user, and region. In terms of product type, the self-expanding stents segment accounted for a dominant share of the market in 2017. High flexibility and low chances of restenosis has paved the way for the introduction of self-expanding stents and thereby, has fuelled the market. The introduction of advanced intracranial stents has revolutionized the intracranial stents market; factors such as reduction in infection risk, fast recovery are expected to drive the demand for intracranial stents during the forecast period.

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Intracranial stenosis segment to account for major share

The intracranial stenosis segment is expected to account for a leading share of the market by the end of 2026. Rapid rise in the geriatric population, increase incidence of stroke, and technological innovation in neurology care devices are expected to drive the segment during the forecast period.

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Market in Asia Pacific to expand at a significant pace

North America held a major share of the global market, in terms of revenue, and is expected to maintain its position during the forecast period. North America is home to several key market players, such as Cook Medical, Johnson & Johnson Services, Inc., and Boston Scientific Corporation, that have their headquarters in the U.S., where they generate significant sales. Hence, North America is a leading market for intracranial stents. High awareness about latest health care technologies and higher purchasing power are anticipated to boost the intracranial stents market in North America. The intracranial stents market in Asia Pacific is expected to expand at a rapid pace, primarily due to improving health care infrastructure, rising disposable income, and technological advancements in countries such as China and India. Furthermore, rise in usage of minimally invasive devices for the treatment of various neurology disorders by surgeons, have boosted the demand for intracranial stents in Asia Pacific.

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Key players such as Boston Scientific Corporation, Penumbra, Inc. and Stryker Corporation to lead the market

The report also provides profiles of other major players operating in the global intracranial stents market. Other major players include Medtronic plc, Johnson & Johnson Services, Inc., Terumo Corporation, and Cook Medical.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector — such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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Catheter Stabilization Devices Market Incredible Potential, Stagnant Progress According to New Research Report

5 min read

Catheter stabilization devices is made to hold the catheter in place securely. These devices avert backflow of urine. It also prevents urethral trauma, which is caused by dislodgment or movement of the catheter. The growth of the global catheter stabilization devices market is estimated to be driven by factors like increased expenditure on healthcare, technological advancement and the worldwide prevalence of various lifestyle diseases. High prevalence of cardiovascular diseases and diabetes is likely to foster the growth of the market in the years to come.

 

B.Braun Melsungen AG, Becton, Dickinson & Company, Merit Medical Systems, Inc., Centurion Medical Products Corporation, Smiths Group PLC, and M.C. Johnson Company, Inc. are some of the companies profiled in the global catheter stabilization devices market.

Transparency Market Research (TMR) has added an all-inclusive study on the global catheter stabilization devices market to its repository of research reports. The report estimates that the global catheter stabilization devices market is likely to expand at 5.6% CAGR during the timeframe of 2018 to 2026.

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Driven by the U.S., North America to Witness Rapid Growth

Considering regional segmentation of the global catheter stabilization devices market, North America is likely to dominate the market throughout the timeframe of assessment. Such regional dominance of the region is ascribed to the increasing number of surgeries that results in an augmented demand for catheter stabilization devices in North America. In addition, increased adoption and implementation of techniques of catheterization in treatment, diagnosis, and examination are likely to widen the scope of the catheter stabilization devices market in North America.

Augmented use of intravascular catheters in North America is further anticipated to drive the regional catheter stabilization devices market. The U.S. is estimated to emerge as one of the leading regions in North America catheter stabilization devices market. A rapid growth in the number of catheter placements is expected to propel the growth of the country over the tenure of the forecast, from 2018 to 2026.

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Increased Research and Development Activities to Spell Growth for the Market

The global catheter stabilization devices market is estimated to be influenced by the rise in the number of both adult and children needing catheterization. A catheter refers to a flexible, long tube that can be inserted in an artery or a vein through the surface of the skin. Of late, catheter stabilization devices have gained traction due to its hassle-free and stable process for a catheter, as compared to dressing and normal tapping.

Expanding pool of geriatric population with various chronic diseases like cardiovascular diseases and urine related disorders demand advanced healthcare facilities from both public and private players alike. This has pushed players of both the sectors to invest in research and development activities on catheter stabilization devices. Increased research on these devices is likely to negate the risk arising out of catheter-related complications, which is likely to drive the market in the years to come.

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Besides, there has been a rise in the incidences of urinary diseases amongst the elderly people, which is likely to foster the growth of the global catheter stabilization devices market in the years to come

The information shared in this review is based on a TMR report, bearing the title, “Catheter stabilization devices market (Product - CVC Stabilization Devices, PICC Stabilization Devices, Abdominal Stabilization Devices, Chest Drainage Tube Stabilization Devices; End user - Hospitals and ASCs, Diagnostic Centers and Clinics, Home Care Settings) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018 to 2026”

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Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems withright methodology of research is the key tohelp enterprises reach right decision.

Contact

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Analysis of COVID-19 Crisis-driven Growth Opportunities in Physician Dispensed Cosmeceuticals Market

5 min read

Transparency Market Research (TMR) has published a new report titled, “Physician Dispensed Cosmeceuticals Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global physician dispensed cosmeceuticals market was valued at US$ 14,311.52 Mn in 2018. It is projected to expand at a CAGR of 10.3% during forecast period. The global physician dispensed cosmeceuticals market is anticipated to be driven by factors such as emphasis on beauty and appearance, rising awareness about anti-aging, and assurance about safety and efficacy of physician-dispensed cosmeceuticals. The physician dispensed cosmeceuticals market in Asia Pacific is expected to expand at a high CAGR of 12.0% due to changes in lifestyle and cultural attitudes, increasing pollution levels, and potential high consumer base. The region has witnessed increase in purchasing power and better exposure to international brands.

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Increasing demand for cosmeceuticals

Physician dispensed cosmeceuticals include medicated esthetic products that are referred by dermatologists, trichologists, cosmetic surgeons, and allied medical professionals. These products are dispensed at skin and hair clinics, beauty and wellness centers, and are available as OTC products through selected retail outlets. Increasing levels of stress, pollution, and climate change can cause damage to the skin, hair, and eyes. This has created a demand for cosmetic products to treat a wide range of dermatological conditions. Cosmeceutical companies, therefore, are developing newer and advanced cosmeceuticals to target these medical conditions. Consistent demand for advancements in skin care and beauty products is leading to exciting new entries of various products in the physician dispensed cosmeceuticals market.

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Entry of new players in the market

Various locally based cosmetic professional startups specializing in the manufacture and marketing of cosmeceuticals owned by dermatologists have recently entered the physician dispensed cosmeceuticals market in order to cater to the demand for cosmeceuticals among the local population. New entrants in the cosmeceuticals industry from developing countries include ZO Skin Health, Inc. (Japan), CU SKIN Co., Ltd. (Korea), Dr. Batra’s Skin & Hair Clinic, VLCC, and Kaya Skin Clinic (India). Hence, newer and advanced products are anticipated to enter the physician dispensed cosmeceuticals market in the next few years. Emergence of new concept of herbal medicine is paving the way for the demand for organic physician dispensed cosmeceuticals. These factors drive the global physician dispensed cosmeceutical market.

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The global physician dispensed cosmeceuticals market has been segmented based on product type and region. Furthermore, in terms of product type, the market has been divided into skin care products, hair care products, eye care products, injectable Botox, and others. The skin care products segment accounted for a major share of the global physician dispensed cosmeceuticals market in 2017, as the nature of cosmeceuticals demanded by consumers is largely to treat dermatological conditions. Increasing awareness about personal appearance among the geriatric population and changing attitudes of middle-aged and geriatric populations in developing countries have fueled the demand for cosmeceuticals in order to eliminate the outward signs of aging. The anti-aging segment is expected to maintain its dominance of the market during the forecast period. Similarly, dermal fillers and injectable Botox segments are expected to expand from 2018 to 2026.

Huge consumer base in Asia Pacific to create opportunities in market

In terms of region, the global physician dispensed cosmeceuticals market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is mature and technically developed, as compared to the other regions. Hence, the region accounted for a prominent share of the market, in terms of revenue, in 2017. Europe is anticipated to account for a significant share of the global market between 2018 and 2026. Surge in awareness among consumers about cosmeceuticals is expected to fuel the market in the region during the forecast period. The market in Asia Pacific is likely to expand considerably during the forecast period. Increasing preference to retain beauty and youthful appearance drives the demand for effective cosmeceuticals. These factors are expected to propel the demand for cosmeceuticals in this region. Moreover, increasing focus of key players on expansion in Asia Pacific, huge consumer base in the region, and rising awareness drive the physician dispensed cosmeceuticals market in Asia Pacific.

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Key players profiled in this report are Allergan plc, Jan Marini Skin Research, Inc., Johnson & Johnson, L'Oreal S.A., Procter & Gamble Co., Bausch Health Companies Inc., Unilever plc, and ZO Skin Health Inc. Companies operating in the global physician dispensed cosmeceuticals market focus on development and launch of new cosmeceutical products in emerging markets such as Asia Pacific and Latin America. 

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. 

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.  

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Analysis of Potential Impact of COVID-19 on Preterm Birth and PROM Testing Market

5 min read

Transparency Market Research (TMR) has published a new report titled, “Preterm Birth and PROM Testing - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global preterm birth and PROM testing market was valued at US$ 150.5 Mn in 2017 and is anticipated expand at a CAGR of 8.0% from 2018 to 2026. Increase in number of preterm births, growth of the medical diagnostics industry in emerging economies in regions such as Asia Pacific, and adoption of latest technologies and techniques to access or diagnose preterm births are projected to augment the global market between 2018 and 2026.

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Increase in Preterm Births to Propel Market

Sedentary lifestyle along with several other factors has led to increase in preterm births, which has become a major concern in the past few years. According to the World Health Organization (WHO), nearly 15 million babies are born early every year i.e., around 1 in every 10 babies is preterm. Moreover, complications due to premature births result in fatal outcomes in approximately 1 million cases. One of the major causes of such complications is premature rupture of membranes (PROM), which accounts for roughly 30% of all preterm births. The global preterm birth and PROM testing market is expected to be driven by increase in incidence of such complications during the forecast period.

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Rise in Demand for Point-of-Care Testing Devices to Present Significant Opportunities

Increase in demand for effective and early diagnosis and reduction in false positive tests for diagnosis of premature births and PROM drive adoption of point-of-care testing devices. Moreover, high adoption of these devices can be attributed to reduced risk of misdiagnosis, ease of usage, and high sensitivity. Point-of-care testing devices have also assisted in reducing the chances of complications due to preterm births by enabling diagnosis at early stages and allowing health care providers to offer immediate care to mother and fetus at early stages of pregnancy.

Lack of Awareness about Preterm Births to Restrain Market

Lack of awareness about preterm births and PROM could lead to longer hospital stays and preventable expenditure from the perspective of patients. Additionally, lack of awareness about availability of latest technologies available for diagnosis of premature births, resulting in delayed diagnosis and treatment is one of the major factors hampering the growth of the market.

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Asia Pacific Market to Grow at a Rapid Pace

In terms of revenue, the preterm birth and PROM testing market in Asia Pacific is projected to expand at a high CAGR during the forecast period. Increase in awareness about the availability of point-of-care testing devices and rise in technology penetration are expected to boost the demand for these diagnostic techniques. Furthermore, surge in awareness about women’s health and increase in expenditure on health care in the region are anticipated to present lucrative opportunities in the market in the next few years.

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Collaborative Efforts by Key Players to Boost Market

The report also provides profiles of leading players operating in the global preterm and PROM testing market. These include NX Prenatal, Inc., IQ Products, QIAGEN, Hologic, Inc., The Cooper Companies, Inc., Medix Biochemica, Abbott Laboratories, Clinical Innovations, LLC, Sera Prognostics, Inc., and Biosynex. Launch of new products, focus on developing technologically advanced products, and increase in mergers & acquisitions, expansion, and strategic collaborations with companies and government organizations are expected to drive the global market during the forecast period. In October 2018, Sera Prognostics entered into collaboration with Laboratory Corporation of America Holdings (LabCorp), a life sciences company, to be the exclusive U.S. distributor of Sera’s PreTRM test. In the same month, NX Prenatal, Inc. entered into a collaboration with the Indiana University School of Medicine to validate its early pregnancy biomarker panels predicting spontaneous preterm birth (SPTB) and to develop its biomarker panels for preeclampsia (PE).

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Vagus Nerve Stimulator Market Research Report | Forecast Until 2024

4 min read

Global Vagus Nerve Stimulator Market: Overview 

The global vagus nerve stimulator market is likely to display promising growth in the years ahead. The rising burden of neurological diseases especially in emerging countries is a key factor behind the growth of this market. As per estimates of the World Health Organization (WHO), 4.5 - 11% illnesses worldwide are triggered due to neurological diseases. 

The global vagus nerve stimulator market could be segmented on the basis of product type, application, and region. 

The report provides a brilliant analysis of the global vagus nerve stimulator market with a focus on market dynamics, segmentation, and competitive landscape. Market stakeholders could leverage this analysis to formulate winning growth strategies. 

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Global Vagus Nerve Stimulator Market: Key Trends 

Over the past three decades, vagus nerve stimulator therapy is gaining traction due its high success rate. Vagus nerve stimulator therapy has helped reduce the burden of several neurological conditions such as dyskinesia and neurological tremors, among others. Vagus nerve stimulator creates muscle contraction and is able to overhaul the functionality of motor nerve. 

Apart from this, vagus nerve stimulators have other use. They are used in patients that have bladder control difficulties, improve movement, and restoration of hand grasp. Vagus nerve stimulator is also used to improve other neurological conditions such as Crohn’s disease, migraine, and headaches. Besides, patients of asthma, depression, and cardiovascular diseases have been benefitted with vagus nerve stimulators. 

Furthermore, research for treatment and gene delivery using vectors as carriers for neurological disorders is at its peak. Also, promising success rate of vector-based gene modification is boosting its demand for transgene procedures.

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Global Vagus Nerve Stimulator Market: Geographical Analysis

The global vagus nerve stimulator market could be spread across North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. Among them, North America could hold the leading share of the global vagus nerve stimulator market. An ultra-modern healthcare system along with unprecedented advancement in healthcare practices are key factors behind the growth of North America market. 

Europe is another key market for vagus nerve stimulator. A high degree of awareness among consumers for advanced healthcare and government support for advanced research in medicine are feeling this market. 

However, Asia Pacific is likely to emerge as a key market for vagus nerve stimulator. High incidence of neurological disorders of varied types is a key factor stoking demand for vagus nerve stimulators. Governments in emerging economies of the region are increasingly extending support for advanced healthcare practices. 

The Middle East and Africa is likely to display moderate growth in the market for vagus nerve stimulator over the forecast period. 

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Global Vagus Nerve Stimulator Market: Competitive Analysis 

Key companies operating in the global vagus nerve stimulator market are Company Deep Dive, LivaNova LLC, Cerbomed GmbH, NERVANA LLC, ReShape Lifesciences Inc., Parasym Health. Beijing PINS Medical Co. Ltd, and Innovative Health Solutions Inc., Production innovation and improvement of existing products are key growth strategies key companies in the market are focused on. Strategic collaborations to expand geographical outreach is also what top companies in this market are vying for. 

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Non-invasive Ventilators Market Analysis and Forecast up to 2025

5 min read

The demand within the global non-invasive ventilators market is set to increase at a sound pace in the times to follow. There is little contention about the unprecedented use of ventilators across all major healthcare facilities. The development of high-performance ventilators has pushed the medical and healthcare industries towards fruition by reducing the mortality rate across several territories. In addition to this, majority of medical practitioners focus on developing a robust infrastructure that can aid the operations of the healthcare sector. The use of non-invasive ventilators has increased as healthcare units look to offer greater utility to ailing patients. In this scenario, the total volume of revenues within the global non-invasive ventilators market shall grow at a sturdy pace.

In this review, Transparency Market Research (TMR) debunks several anomalies related to the growth of the global non-invasive ventilators market. The review is based on a comprehensive report added by TMR on the given market. It is estimated that the total worth of the global non-invasive ventilators market would touch US$ 2.7 Bn by the end of 2027. The CAGR of the global non-invasive ventilators market is tabulated at 6.0% over the period between 2019 and 2027.

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Rising Incidence of Pulmonary Diseases 

The use of non-invasive ventilators for patients suffering from pulmonary diseases has increased by leaps and bounds. Medical researchers attribute the rising incidence of lung diseases to growing pollution levels across the globe. There is a pressing demand for improved infrastructure, especially across high-end healthcare units. The central healthcare authorities of all leading countries are making deliberate efforts to increase the total number of ventilators available across that region. Moreover, the national development index of countries largely depends on the quality of healthcare equipment and devices available across various centers. This factor has compelled national healthcare bodies to increase their spending on buying life-sustaining equipment such as ventilators. Considering the factors stated above, it is legit to project that the global non-invasive ventilators market would grow by leaps and bounds over the next decade. 

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Outbreak of Covid-19 Pandemic 

The healthcare industry is at an important juncture in the current times, majorly due to the outbreak of the covid-19 pandemic. Apart from causing widespread panic and concern across the healthcare industry, the pandemic has driven demand for several healthcare devices and equipment. Several nations have already taken a decision on increasing their healthcare spending. A number of initiatives taken to consolidate non-healthcare sector has been pulled back, creating new opportunities for advancements in healthcare facilities. Therefore, the outbreak of this pandemic has led to the generation of fresh revenues for healthcare manufacturers. Supply chains of healthcare manufacturers have got special traction from state authorities. Easy availability and rebates on manufacturing shall create new opportunities for growth within the global non-invasive ventilators market.

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Patients affected with coronavirus need to be put on ventilators in the most serious stages of treatment. Therefore, the growing incidence of the infection has compelled medical authorities to demand large stocks of ventilators from state bodies. Several countries have released figures about the number of ventilators available at their disposable. This has helped in evaluating the unmet needs of the medical and healthcare industries of that particular region. Therefore, development of new centers and hubs for treatment of covid-19 shall play a vital role in the growth of the global non-invasive ventilators market. Several governments have funded special projects for manufacturing ventilators to contain rising mortality rates across the globe. 

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The review is based on a report titled, “Non-invasive Ventilators Market (Product: Systems (Non-invasive PPV, High Flow Nasal Cannula O2 Delivery, and Others) and Consumables (Masks, Humidifiers, PEEP Valves, and Others); Application: Chronic Obstructive Pulmonary Disease, Asthma, Respiratory Distress Syndrome, Pneumonia, and Others; End Use: Critical Care, NICU Care, Transport (Ambulances), and Home Care Settings) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027”. 

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Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

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Vein Finder Market Demand, Insights and Forecast up to 2024

5 min read

The vein finders market is predicted to garner considerable traction during the forecast period of 2019-2027 with an alarming rise in obesity numbers and an increase in the geriatric population being the prime growth factors. The vein finders market is pinning hopes on the growing influence of vein finders in hospitals and clinics on a large scale. Vein finders help physicians and clinicians to locate a vein easily and assist in providing useful information for vascular access procedure. In addition, many people prefer to not go under the needle for vein detection. Therefore, the growing demand for needleless technology is proving to be a boon for the vein finders market.

A large chunk of the geriatric population suffers from various chronic diseases, thus leading to hospitalization. This leads to an increase in the use of vein finders. Hence, the rise in the hospitalization of the geriatric population is proving to be a good growth generator for the vein finders market.

According to Transparency Market Research (TMR), the vein finders market expects to expand at a CAGR of 17 percent across the forecast period of 2019 to 2027. The global vein finders market was valued at 150.9mn in 2018. 

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Innovations to Boost Growth Prospects of Vein Finders Market

Technological innovations have become a frequent phenomenon in the vein finders market as numerous healthcare professionals depend on vein finders for efficient detection and treatment. The manufacturers in the vein finders market are coming up with novel technologies and innovations that accelerate the growth rate of the vein finders market to a great extent.

Technologies like vein visualization are emerging as star contributors for increasing the growth rate of the vein finders market. The AccuVein Vein Finder makes use of vein visualization technology. This device uses Near-infrared technology (NIR) imaging for vein detection, thus causing accurate visualization of veins under the skin. AccuVein makes use of two barcode-scanner class lasers that are safe for the skin. The two lasers work together to provide a real-time image of the subcutaneous vasculature. The red laser enables vein mapping possible.

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Another instance of cutting-edge technological innovation in the vein finders market is PEDI2, a device that is specifically designed to avoid children from the unnecessary suffering from needles and is the only device that delivers one-stick success. The vein finders lock in place during needle sticks and prevent vein rolling. It is also packed with other features like longer battery life, 29 percent larger opening for vein imaging as well as 3-way brightness control.

The rising threat of COVID-19 is bringing patient self-care to the center stage. Therefore, a blend of mHealth with vein finders may create a great growth opportunity for the vein finders market. Path-breaking mobile applications to scan the skin of the patients are steering the vein finders market toward growth.

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Key players in the vein finders market include AccuVein Inc., Near Infrared Imaging Inc., B Braun Melsungen AG, Christie Medical Holding Inc., Venoscope, Koninklijke Philips N.V., and Teleflex Incorporated (VeuTek Scientific LLC).

North America to Dominate Vein Finders Market

Geographically, the vein finders market is segmented into Latin America, Asia Pacific, the Middle East and Africa, Europe, and Asia Pacific. North America is predicted to record stellar growth across the forecast period due to factors like an increase in cosmetic surgeries and the prevalence of obesity among the general populace. Preference of people toward minimizing bruises through needleless technology is also finding its way through growth. Asia Pacific is also expecting steady growth during the forecast period due to frequent blood tests. Europe may also observe substantial growth due to rising obesity cases.

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This review is based on TMR’s report titled “Vein Finders Market (Type - Active Vein Finders, Passive Vein Finders; Application - Blood Draw/Venipuncture, IV Access; End user - Hospitals and Ambulatory Surgical Centers, Specialized Clinics, Blood Donation Centers) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027”

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. 

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. 

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Peanut Allergy Treatment Market to Garner Brimming Revenues by 2024

4 min read

Peanut Allergy Treatment Market: Introduction

  • Food allergy is common these days. Milk, protein, and shellfish are among the most common allergens. Peanut allergy is another common allergen. Currently, approximately, 2.5% of children are suffering from peanut allergy in the U.S. 
  • Peanut allergy leads to several other allergic reactions, including anaphylaxis. At present, there is no treatment available for peanut allergy. Some of the experimental drugs are preferred for treating peanut allergy. Food and Drug Administration (FDA) is expected to approve two or more immunotherapy drugs for peanut allergy treatment. 
  • Peanut allergy is also one of the leading causes of deaths. Although there is proof that peanut oral immunotherapy is effective in minimizing the severity of the allergy, such methods require proper intervention.

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  • The use of new biological compounds is suggested to have potential to treat peanut allergy, which is expected to improve the treatment method of peanut allergy in patients. For instance, companies such as Aimmune Therapeutics, Prota Technologies, Camallergy, and DBV Technologies are conducting clinical trials to develop peanut allergy treatment products. It is expected that “Viaskin Peanut”, which is under trial by DBV Technologies, could be the first immunotherapy product to be launched into the peanut allergy treatment market. The product is a dermal patch, which contains roughly 250 microgram of peanut protein drugs.  

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Key Drivers of Global Peanut Allergy Treatment Market

  • The global peanut allergy treatment market is expected to grow rapidly in the near future due to launch of new products in the industry. These products are expected to gain substantial demand in the market.
  • Alternatively, rise in the number of patient visits to clinics for the treatment of this allergy and growth in commercial and scientific activities for research and development are expected to drive the global peanut allergy treatment market during the forecast period.

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North America to Hold a Major Share of Global Peanut Allergy Treatment Market

  • North America is likely to dominate the global peanut allergy treatment market, followed by Europe and Asia Pacific. The dominance of the North America region can be attributed to the increase in prevalence of peanut allergy. According to the American Journal of Scientific Medicines Research 2016 findings, every year, peanut allergy affects an anticipated 1.3% to 1.5% of the total U.S. population. Of which, its affects 2.5% to 3% of the pediatric population. It is one the most common food allergies observed in children.  Findings also suggest that the prevalence of peanut allergy in the U.S. grew three-fold between 1999 and 2010. Another study suggests that there has been an approximate 20% increase since 2011. It can be anticipated that there will be a persistent rise in the total number of adults living with peanut allergy. This is expected to exert substantial pressure on the U.S. healthcare system, schools, parents, employers, food making companies, etc. Additionally, government interventions pertaining to allocation of funds for conducting research and development activities based on new technologies are driving the market in the region.
  • Peanut allergy treatment market in Europe and Asia Pacific is anticipated to witness substantial growth during the forecast period due to rise in the number of food related allergy testing and per capita health care spending.

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Key Players Operating in Global Peanut Allergy Treatment Market

The global peanut allergy treatment market is highly competitive with key manufacturers adopting numerous strategies to launch new product and gain market share.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. 

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Automated Radiosynthesis Modules Market Projected to Witness Vigorous Expansion by 2024

5 min read

Radiosynthesis modules are offered as automated equipment for dispersed settings for the formulation as well as production of radiotracers. A large number of radiotracers are produced in centralized laboratories as well as radiopharmaceutical units. However, these set-ups have a few limitations. For instance, reduction in the scope for production customization of radiotracers and lengthening the time in which radiotracers reache end-users. Also, radiotracers have an inadequate half-life. Therefore, their performance declines once engaged for diagnosis or therapy administration. Automated radiosynthesis modules are simple in their set up and readily usable. They provide scope for customization of radiotracers. This leads to a rise in the performance level of the diagnostic process as well as improvement in therapy monitoring activities for end- users.

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Factors such as increase in the prevalence of chronic diseases and rise in the adoption rate of PET/SPECT imaging are boosting radiotracer production process automation. Also, it is expected that the supply of these products will become streamlined as well as effective, due to better and improved cGMP guidelines provided by the FDA. Therefore, manufacturers are anticipated to earn additional income by expanding their product offerings in order to meet the needs of new markets. However, high prices of products are expected to impede automated radiosynthesis module market growth and reduce the rate of adoption of these modules. Nevertheless, the ready availability of funds and grants from various government and public bodies is expected to offer attractive opportunities to the automated radiosynthesis module market.

The global burden of chronic diseases is rising at an alarming rate. Therefore, the global health care industry is concentrating on the timely diagnosis of diseases in order to provide speedy treatment. This is expected to help in limiting the global burden of chronic disorders such as cancer, cardiovascular (CVS) diseases, chronic obstructive pulmonary disorders (COPD), and others. Various diagnostic tools such as PET and SPECT are being adopted across the globe to limit the rampant rise in the rates of chronic diseases. The tools provide high-resolution quality imaging, thereby simplifying the difficult diagnosis process. This equipment utilizes PET radiopharmaceuticals with short lifespan radioactive isotopes that are produced with the help of the fully automated radiosynthesis process. Radiopharmaceuticals are integrated in the PET/CT/SPECT scanners in order to develop the tomographic imaging diagnostics methods utility that are commercially available.

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Based on geography, the global automated radiosynthesis module market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounts for a prominent share of the market in terms of revenue, followed by Europe. The automated radiosynthesis module market in emerging countries such as China, South Korea, Brazil, and India is expected to expand significantly over the next five years.However, North America and Europe are estimated to continue to dominate the market. The significant market share of North America is attributed to the firm health care infrastructure and rise in the adoption rate of automated radiosynthesis modules across various health care settings.

The automated radiosynthesis module market in Asia Pacific is expected to expand at a rapid growth rate due to an increase in the geriatric population rise in investment by automated radiosynthesis module market players in emerging countries such as China and India, and increased consumer awareness about the use of automated radiosynthesis modules. Middle East & Africa and Latin America are expected to be regions with high prospects in the near future.

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Some of the major players operating in the automated radiosynthesis module market include GE Healthcare, Siemens Healthcare, IBA Radiopharma Solutions, Optimized Radiochemical Applications, Synthra GmbH, and Eckert & Ziegler Group. The other players in this sector include Sumitomo Corp, Scintomics GmbH, Sofie Biosciences, Trasis S.A, Raytest Isotopenmessgerte GmbH, and Posi-Med LLC.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants, uses proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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