Medical Laser System Market Size, Share, Growth and Forecast to 2023

Medical Laser System Market

The medical laser system market is growing at a considerable rate, due to increased awareness of medical aesthetics, growing number of patients using advanced laser based treatments, and rapid rise in age related ophthalmic disorders. Rise in disposable incomes in developing economies and increased demand for laser treatment in emerging economies have provided ample opportunities to the growth of medical laser system market to grow in the coming years.

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North America leads the medical laser system market, due to the rising incidences of chronic diseases such as diabetes and obesity. Asia-Pacific is growing with the highest rate, due to unaddressed need for medical treatment in developing countries such as, India and China in the region.

Medical Laser Systems are used to produce a monochromatic beam of light containing a specific wavelength and it is strongly concentrated. The demand for lasers in the field of medicine is rising rapidly, due to the flexibility of its light. Power, pulsed or continuous wave operation, and wavelength of laser, define the characteristics of laser light.

On the basis of products, the medical laser system market can be categorized into solid state laser systems, diode laser systems, dye laser systems and gas laser systems. The diode laser system leads the medical laser system market and is expected to grow in the coming years, due to its varied medical applications such as, numerous aesthetic treatments and photodynamic therapy. Solid state laser system is expected to grow with the highest rate, due to its numerous modifications having specific applications in medical related treatments such as, periodontology, tattoo removal, skin treatment and vein removal.

Gas laser systems include metal vapor lasers, excimer lasers, argon lasers, helium-neon lasers, krypton lasers and CO2 lasers. Solid state laser systems include, erbium yttrium aluminum garnet lasers, alexandrite lasers, holmium yttrium aluminum garnet lasers, ruby lasers, potassium titanyl phosphate and neodymium yttrium aluminum garnet lasers.

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Meeting the need for laser treatment globally in several applications such as, cardiovascular diseases, dermatology diseases, and technological advancements are the key strategies for the competitors in the medical laser system market. Some of the major competitors in the medical laser system market are Cardiogenesis Corporation, Bausch & Lomb Holdings, Inc., Photomedex, Inc., IRIDEX Corp., American Medical Systems, Inc., Syneron Medical Ltd., Lumenis Ltd., Alcon Laboratories, Spectranetics Corporation, Inc., and Biolase Inc.

Hypodermic Needle Market Analysis, Size, Development and Forecast to 2022

Hypodermic Needle Market

The global hypodermic needles market is expected to grow at a CAGR of 7.4% during 2016 – 2022. The growth of the global market is largely driven by the high demand for vaccines and increasing compliance of safety needles. High prevalence of needle stick injuries during drug administration is a key concern for healthcare providers across the globe. Improper disposal of syringe and needles is creating the demand for advanced safety mechanisms in hypodermic needles. Globally, approximately 16 billion injections are administered every year as per the World Health Organization (WHO); however, all the syringes and needles are not properly disposed of. Therefore, several benefits of safety needles such as ease of use during injection and safe delivery of drug or medication are increasing their popularity among healthcare providers.

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Healthcare providers along with patients are getting aware about safety in drug delivery through syringes. This has created huge traction in the global market for developing advanced safety hypodermic needles with automatic features. Some of the other factors driving the growth of the global market include increasing prevalence of chronic and lifestyle associated diseases, and geriatric population. Increasing adoption of hypodermic needles in emerging economies is expected to create ample growth opportunities for the global market. However, alternative drug delivery method and high cost of hypodermic needles are the key barriers for the growth of the global market.

North America led the global hypodermic needle market in terms of size in 2015, owing to the increasing awareness of safe injectable technology, and increasing prevalence of chronic and lifestyle associated diseases. The U.S. contributed largest revenue to the North American as well as the global hypodermic needle market. The country is expected to remain the largest market for hypodermic needle globally during the forecast period.

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Some of the players operating in the global market include Vygon S.A., Catalent, Inc., Terumo Corporation, Retractable Technologies, Inc., Connecticut Hypodermics, Inc., MedPro Safety Products Inc., B. Braun Melsungen AG, Albert David Ltd., Becton, Dickinson and Company, and Medtronic plc.

Joint Repair Devices Market Trends, Share, Development and Forecast to 2020

Joint Repair Devices Market

The global joint repair device market in the sports medicine market is estimated to grow at a rapid pace, due to the rise in sports injuries and minimally invasive procedures. The increased point-of-care testing in sports is a major trend within the joint repair devices in the sports medicine market. Point-of-care testing involves a broad range of diagnostic uses with a wide range of product types. The Point-of-care testing in sports can control metabolic sports and specific conditioning. The Point-of-care testing devices are standardized to reduce errors during diagnosis.

Another major trend in the joint repair devices market is adoption of management information system (MIS) and robot assisted surgery. The increased consciousness of benefits of robotic surgery among patients and surgeons has forced hospitals to implement and install effective tools. Robotic surgical procedures help hospitals reduce patients’ length of stay, thus enabling better cost management.

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Sports medicine refers to a division of general medicine that concentrates on treatment, prevention and physical fitness of sports and exercise-related injuries. This division helps in understanding and assessing the performance of athletes. As estimated, around 14% of all medically treated injuries are related to sports, annually. A sport injury ranges from minor sprains and strains to additional serious injuries such as, concussions and broken bones.

The increased focus on developing products such as, bio-absorbable artificial prostheses and technologies has provided vast opportunities for joint repair devices in the sports medicine market. Precisely the joint prosthesis involves a spacer, which is placed between the joint surfaces of bones to be joined. The spacer is made of a biodegradable polymer, copolymer, polymer mixture, and connectors. The connectors are created from patient’s own soft or fibrous tissue, which connects the spacer and help maintain its spot between the bones to be combined, thereby establishing a stable joint replacement.

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Some of the major competitors in the joint repair devices vartical in sports medicine are, Anika Therapeutics, Inc, Breg, Inc, Ceterix Orthopaedics, Inc, Cayenne Medical, CONMED, Intra Medical Systems Private Limited, KARL STORZ GmbH & Co. KG, MedShape, Inc, NRV Othrrotech, Ottobock, Paul Medical Systems and Wright Medical Technology, Inc.

Women’s Health Diagnostics Market Analysis, Size, Growth and Forecast to 2022

Women_s Health Diagnostics Market

The global womens health diagnostic market is witnessing considerable growth due to increasing geriatric population, increasing healthcare expenditure, increasing incidence of lifestyle diseases in women and growing awareness among women about various health disorders. Moreover, growing prevalence of infectious diseases in women including hepatitis and HIV is supporting the growth of the market. Based on application, the prenatal genetic screening and carrier test segment is expected to grow at the fastest rate during the forecast period. The increasing awareness about these tests is driving the growth of this segment.

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The rapid growth in emerging economies with increasing number of diagnostic and imaging centers and increasing adoption of point-of-care diagnostic testing drives the growth of the market. However, high cost of diagnostic imaging systems and procedures, and shortage of skilled laboratory technicians are the key restraints hampering the growth of the global market.

As per the United Nations Department of Economic and Social Affairs (UN-DESA) report on the global aging population, the population of people aged 60 years or above is growing with high rate. In 2013, the global share of people aged 60 or above was 11.7% and it is expected to reach 21.1% by the end of 2050. Further, the number of people aged 60 years and above is expected to reach approximately 437 million in China, 324 million in India, 107 million in the U.S. and 58 million in Brazil by 2050. The increase in geriatric pool supports the market growth as aged people have weakened body functions, impaired blood circulation and are more susceptible to chronic diseases.

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The key players operating in the global women’s health diagnostic market are F. Hoffmann-LA Roche AG, Siemens AG, Hologic, Inc., Quest Diagnostics Inc., Alere Inc., Perkinelmer, Inc., GE Healthcare, Koninklijke Philips N.V., Abbott Laboratories, Becton, Dickinson and Company and Biomérieux SA.

Oropharyngeal Cancer Therapeutics Market, Epidemiology Analysis and Demand Forecast to 2023

Thyroid cancer, artwork

The global oropharyngeal cancer therapeutics market is expected to have significant growth since the pipeline for oropharyngeal cancer is growing rapidly. Also, there are no specific drugs available for the treatment of oropharyngeal cancer providing increased opportunities for the major key players.

Oral cavity tumor or oral tumor, is tumor that begins in the mouth (also known as the oral cavity). Oropharyngeal malignancy begins in the oropharynx, which is the part of the throat behind the mouth. The oral cavity comprises of lips, the inside lining of the lips and cheeks (buccal mucosa), the teeth, the gums, the front two-thirds of the tongue, the floor of the mouth below the tongue and the bony roof of the mouth (hard palate). The area behind the wisdom teeth, called the retromolar trigone is also sometimes included in the oral cavity, though it is often considered part of the oropharynx.

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The oropharynx is the part of the throat just behind the mouth and begins where the oral cavity stops. It comprises of base of the tongue (the back third of the tongue), the soft palate (the back part of the roof of the mouth), the tonsils, and the side and back wall of the throat.

The different parts of the oral cavity and oropharynx are made up of many types of cells. Different tumors can grow from each type of cell. The differences are significant, because they can affect a person’s treatment options and diagnosis.

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There is no clear cause known for oropharyngeal cancer but it is assumed that heavy alcohol consumption and tobacco intake can lead to this cancer. These products damage the lining of cell inside the mouth and throat. The risk factors of developing oropharyngeal cancer includes, drinking, smoking, human papilloma virus (HPV) infection, UV light exposure, weakened immune system, genetic syndromes and poor nutrition. The symptoms of oropharyngeal cancers include, lump formation in the cheek or neck, weight loss, constant bad breath, swelling, loosening of teeth, trouble in movements or chewing or swallowing and constant pain.

Some of the key players operating in the oropharyngeal cancer therapeutics market include Genticel S.A., AstraZeneca Plc, Kolltan Pharmaceuticals Inc., PNP Therapeutics Inc., Novartis AG, Advaxis Inc., Merck & Co. Inc., VLPbio and Synta Pharmaceuticals Corp.

Phototherapy Equipment Market Analysis and Demand Forecast to 2022

The global phototherapy equipment market is witnessing considerable growth due to the increasing incidence of neonatal jaundice and increasing prevalence of skin problems including psoriasis, eczema and vitiligo. Moreover, the increasing adoption of LED-based phototherapy equipment and launch of technologically advanced products are further supporting the growth of the market. Among the various equipment types, the conventional phototherapy equipment segment lead the market in terms of size. The phototherapy equipment for treating skin diseases contributed largest revenue to the global market in 2015 and it is expected to grow at the fastest rate during the forecast period. Hospitals are the largest end user of these equipment as most of these treatments are performed in hospitals for increased patient safety.

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Phototherapy is a light therapy, which involves exposing skin to ultraviolet light for a regular duration under the medical supervision for treating neonatal jaundice and treating psoriasis, and eczema globally. Phototherapy helps in reducing itching, increases vitamin D production, and calms inflammation.

The growing health care industry in emerging economies, development of low cost phototherapy equipment and increasing adoption of at home phototherapy treatment is creating ample revenue generation opportunities for the manufacturers of phototherapy equipment. However, high cost of these equipments and procedures and dearth of skilled professionals are the key factors hampering the growth of the global phototherapy equipment market.

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The key players operating in the global phototherapy equipment market are Philips Lighting Holding B.V., GE Healthcare, Natus Medical Incorporated, Phoenix Medical Systems Pvt. Ltd., Atom Medical Corporation, National Biological Corporation, Solarc Systems Inc., The Daavlin Company, and Nice Neotech Medical Systems Pvt. Ltd.

Protein A Resin Market Size, Development, Growth and Demand Forecast to 2025

Protein A Resin Market

The global protein A resin market is expected to witness considerable growth during the forecast period due to the increasing research and development activities and increasing prevalence of chronic diseases. High traction for monoclonal antibodies in biopharmaceutical industry is supporting the growth of the global market. The increasing demand for monoclonal antibodies has fueled the need for high capacity commercial scale purification of monoclonal antibodies. Protein A resins are designed for the simple and rapid purification of antibodies. Therefore, an increase in demand for monoclonal antibodies implies an increase in demand for protein A resins. The market for natural protein A resin was the larger than recombinant protein A resin market in 2015; however, recombinant protein A resin market is expected to witness the higher growth during the forecast period. Among the different matrix of the protein A resin chromatography, agarose-based matrix was the largest contributor to the global protein A resin revenue in 2015. Biopharmaceutical industry was the largest end user of the protein A resins in 2015, as most monoclonal antibody research development activities are carried out in this industry.

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The increasing compliance for low cost biosimilar antibodies in emerging economies, and increasing number of contract research organizations (CROs) in biopharmaceutical industry are expected to create ample revenue generation opportunities in the global protein A resin market. However, increasing traction for alternative antibody purification methods may hamper the growth of the global protein A resin market to some extent.

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Geographically, North America accounted for the largest share in the global protein A resin market in 2015, owing to the large number of clinical trials for the monoclonal antibody based therapeutics and increasing traction for biosimilars with the recent U.S. Food and Drugs Administration in the region. The U.S. contributed largest revenue to the North American as well as global protein A resin market. The country is expected to remain the largest market for protein A resin globally during the forecast period.

The protein A resin market is expected to witness the highest growth in Asia-Pacific during the forecast period. The highest growth in the region is attributed to the increasing compliance for biosimilars and shifting global interest for expanding biopharmaceutical manufacturing capacities in the emerging economies of the region.

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The key players operating in the global protein A resin market are General Electric Company, Thermo Fisher Scientific Inc., Merck KGaA, Tosoh Corporation, Repligen Corporation, Novasep, Expedeon Ltd., and GenScript.

Hearing Aids Market Size, Share, Development and Forecast to 2020

Hearing Aids Market

The global hearing aids market is growing, due to technological advancement in the hearing aids, such as Bluetooth integrated hearing aid. During the forecast period, the hearing aid devices is expected to report larger share, among all the products of hearing aids, due to technological advancement and increasing regulatory approvals in the market. Behind-the-ear hearing aids segment dominate the hearing aids devices market; however the canal hearing aids are expected to grow at the highest rate in the forecasted period, due to increasing number of research and development initiatives. On the basis of type of hearing loss, sensorineural hearing loss segment led the market, due to increasing prevalence of hearing loss. Moreover, on the basis of end users the adults segment led the market, due to growing geriatric population.

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The unexplored market in the hearing aids industry of the developing economies is creating abundant growth opportunities for the global market. Some of the major trends in the global market are growing product innovation, increasing number of collaborations and partnerships, and increasing number of mergers and acquisitions. Hearing aids are the devices and implants used for people suffering from hearing loss or impairment. Hearing aid devices are electronic devices, which amplify sound waves in order to help people hear sound. There are various types of hearing aids, such as receiver-in-the-ear (RITE) hearing aids, canal hearing aids, behind-the-ear (BTE) hearing aids, and in-the-ear (ITE) hearing aids. In addition, the cochlear implant helps deaf person to recognize and interpret various sounds, in order to improve the quality of life of a deaf person.

Some of the factors driving the growth of the global hearing aids market are growing geriatric population, increasing healthcare expenditure, and increasing prevalence of hearing loss. In addition, the increasing research and development for the innovative and advanced hearing aids, and increasing public awareness about hearing loss are also driving the growth of the market. However, the high cost of hearing aids and low penetration rate of devices are some of the factors, restraining the growth of the global hearing aids market. In addition, limited reimbursements, lack of primary healthcare facilities in developing countries are also inhibiting the growth of the global market.

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Some of the companies operating in the global hearing aids market are William Demant Holding A/S, Zounds Hearing Inc., GN Store Nord A/S, Sonova Holding AG, Cochlear Limited, Widex, Sivantos Pte Ltd., Sebotek Hearing Systems LLC, and Starkey Hearing Technologies Inc.

Spirometer Market Analysis, Size, Growth and Demand Forecast to 2020

Spirometer Market

The global spirometer market is growing due to growing awareness about the advanced respiratory care therapeutic and monitoring devices, increasing home use of spirometers, and technological advancement in respiratory care devices. The diagnostic application dominates the application segment of the market, as it is mainly used for the diagnosis of various respiratory diseases. Based on products, the table-top spirometer segment led the market, as the device is compact in nature.  The unexplored market in the spirometer industry of the developing economies is creating ample growth opportunities for the global market.

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Spirometer is an instrument used to assess lung function by measuring the volume of air inhaled and exhaled from the lungs after maximum inhalation by patient. It helps in the diagnosis of various respiratory diseases, such as chronic obstructive lung disease (COPD), asthma, bronchitis and emphysema, other conditions that affect breathing, and for screening in occupational environment. It is primarily used for the analysis of prognosis of the respiratory diseases, and analysis of lung function before surgery. Hand-held, table-top and desktop spirometers are the major type of spirometers. Table-top is extensively used in clinics and hospitals. Hand-held are easy to use and are used in homecare and general practice by smokers and asthma patients. Moreover, desktop spirometers are used especially for the diagnosis of black lungs, tuberculosis, chronic obstructive diseases and other respiratory diseases. It is reliable for pre/post- bronchodilator use, with reversible analysis and automatic interpretation. It is used to measure forced vital capacity, peak expiratory flow, slow vital capacity, forced expired volume in one second and others.

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Some of the companies operating in the global spirometer market are Welch Allyn Inc., Schiller AG, Carefusion Corporation, NDD Medical Technologies Inc., Philips Healthcare, Cosmed, Midmark Corporation, Medical International Research, Futuremed, SDI Diagnostics, MGC Diagnostics Corporation, Nihon Kohden Corporation, Vitalograph, and Jones Medical Instrument Company.

Cranio Maxillofacial Implants Market Analysis, Size, Development and Forecast to 2020

Cranio Maxillofacial Implants Market

The global cranio maxillofacial implants market is growing, due to increasing frequency of fractures with the growth of aging population, who are more prone to fractures. Cranio maxillofacial implants surgery is performed for treating severe injuries in patient’s cranial and facial bones. The treatment of injured cranial and facial bones require internal fixators, such as plate and screw fixation systems, bone graft substitutes flap fixation devices, or others to fix the facial fracture. In addition, globally the emergence of new procedural techniques and positive clinical outcome is further fuelling the growth of the market.

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The internal fixators have reduced the hospital stays, the incidence of improper healing, and improper positioning of broken bones. These fixators are durable as they are made up of stainless steel and titanium. External fixation is used as temporary treatment for fractures, as they can be applied easily and doesn’t require long surgery to fix fractures. The increase in number of collaborations and partnerships and shifting of internal fixators from metallic to non-metallic, bio-absorbable material are the major trends witnessed in the global market.

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Geographically, North America holds the major share in the global market for cranio maxillofacial implants, due to the growth of aging population. In addition, the increasing healthcare expenditure and growth of sports injuries, and injuries related to cranial and facial bones also leads to the growth of the market in the region. The Asian market is expected to grow with a higher rate, with Japan, China and India, being the fastest growing markets in the region. The key growth driving factors of the cranio maxillofacial implants market in the developing countries are increasing road accidents, growing sports injuries, and increasing aging population.

Some of the major companies operating in the global cranio maxillofacial implants market are Stryker Corporation, Johnson & Johnson Services Inc., B. Braun Melsungen AG, Zimmer Holding Inc., Medtronic Inc. and CONMED.