Thursday, November 30, 2023

Infrared Thermometer Market Players : A Regional Analysis of the global Market

 

Infrared Thermometer Market Highlights

According to MRFR analysis, the Global Infrared Thermometer Market Size is expected to hold a value of USD 2.02 Billion by 2032 and is expected to register a growth of 9.4% from 2023 to 2032.

An infrared thermometer market is an instrument that detects the infrared radiation emitted by an object to determine its temperature. The growth of the global infrared thermometer market can be contributed to the increase in the predominance of contagious ailments, high demand for infrared thermometer due to outbreak of COVID 19 globally, and affordability and simplicity of usage. According to the Association of National Board Accredited Institutions, the recommended use of an infrared thermometer to check the temperature with the rising cases of COVID 19.

Furthermore, a rise in the prevalence of infectious diseases, an increase in usage for neonatal, and growth in the geriatric population are also expected to fuel the market growth during the forecast period.

However, a shortage of portable infrared thermometer in emerging situations, low reach of manufacturers, and technical difficulties are expected to restrain the growth of the global infrared thermometer market trends.

Key Players

The global infrared thermometer market players are Braun GmbH (Germany), Thermomedics Inc., Microlife Corporation (Taiwan), PAUL HARTMANN AG (Germany), BPL Medical Technologies (India), Contec Medical Systems Co., Ltd (China), Exergen (US), Mediaid Inc. (US), Greatfarm, iSnow Med (Hong Kong).

Segmentation

Global Infrared Market has been segmented based on the Product, Measurement Point, Application, and Distribution Channel.

Based on the product, the global infrared thermometer market insights has been segmented into contact thermometer and non- contact thermometer. The non-contact thermometer is more reliable and a reduction in production cost is expected to grow in the market.

Based on measurement point, the market has been segmented into ear, forehead, and multifunction. The multifunction infrared thermometer is expected to hold a major market share.

Based on application, the market has been segmented into medical and veterinary. An infrared thermometer is more applicable in the medical sector owing to its increased usage further ahead.

The market based on distribution channel is segmented into hospital pharmacy, retail pharmacy, and online stores.

Regional Analysis

The market has been segmented by region into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The infrared thermometer market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. According to the Federal Emergency Management Agency (FEMA), 2020, 24538 thermometers were distributed in New York by the Federal Government. The European infrared thermometer market has been categorized as Western Europe and Eastern Europe. The Western Europe market has further been divided as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The global market for infrared thermometers in Asia- Pacific has been segmented into China, India, Japan, South Korea, and Rest of Asia- Pacific. The Middle East and Africa infrared thermometer market have been bifurcated as the Middle East and Africa.

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Patient Portal Market Trends, Growth and Forecast Report 2032 

Patient Portal Market

Medical technology has made great strides in providing easy access to medical files. The Patient Portal Market Research is set based on patients entering a username and password on a secure website that stores their personal medical information. These fully protected virtual portals offer secure access to people who wish to keep their medical records at their fingertips. The end-user can use this virtual space to easily access the doctor's appointment, medical advice, billing information, personal medical records, prescriptions, and follow-up for their recovery.

Patient Portal Market Size

The patient portal market is expected to cross USD 3.1 billion by 2032 at a CAGR of 16.40% during the forecast period 2023-2032

Key Players

Some of the key players in the global patient portal market insights are

  • Allscripts Healthcare Solutions, Inc. (US),
  • McKesson Corporation (US),
  • Athenahealth (US),
  • Cerner Corporation (US),
  • eClinicalWorks (US),
  • CureMD (US),
  • NextGen Healthcare Information Systems, LLC (US),
  • Greenway Health, LLC (US),
  • Medfusion (US),
  • Epic Corporation Inc. (China),
  • GE Healthcare (US)

Segmentation

The global tristan medical patient portal has been segmented based on type, delivery mode, and end user.

  • The market based on type has been bifurcated into standalone patient portals and integrated patient portals. The integrated patient portals segment is likely to hold maximum market share in the global patient portal market owing to capability to integrate on existing EHRs and EMRs.
  • The patient portal market trends based on delivery mode has been bifurcated into web-based and cloud-based delivery. The web-based delivery segment is likely to hold the largest share in the market due to large number of healthcare providers being accustomed to integrated web-based patient portals.
  • The patient portal market based on end user has been segmented into providers, payers, pharmacies and others. Providers include hospitals, ambulatory care centers, home healthcare agencies, nursing homes, diagnostic & imaging centers, and physicians. The others segment comprises of employer groups and government bodies. The providers’ segment is likely to hold the largest share in the market due to large number of healthcare providers adopting to healthcare technologies for better practice management.

Patient Portal Market Value

Medical app developers are now concentrating on cloud-based patient portals because of their large storage capacity. These cloud-based portals are accessible from any corner of the world with Internet connectivity; all information stored on sector servers can be evaluated anytime. This minimizes maintenance costs for the end-user. This type of patient portals offers better integration and inexpensive installation to add new physicians, patients, and location information.

Industry News

  • With a fast-paced lifestyle, it has become possible to access medical information at your fingertips for patients and their affected physicians. Patients can now take advice and order prescriptions while virtually collecting their medical data. Thus, this modern medical technology has enabled end users to have power over their recovery journey and be safe with all their healthcare details.  

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Healthcare Electronic Data Interchange Market Trends, Recent Developments and Technology Report 2032

Market Synopsis 

Market Research Future (MRFR), in its latest “Global Healthcare Electronic Data Interchange (EDI) Market Share” was valued USD 2674 Mn in 2017 and is projected to grow at 8.60% CAGR by 2030. In the healthcare sector, the enormous generate of data through documents, such as, patient records, health insurance reimbursements, and others are required to be processed and sorted for convenient extraction. The traditional use of paper is an inefficient and cumbersome method. Thus, the need for electronic data interchange (EDI) in healthcare industry is surging. The efficacy of Edi that allows the presentation of healthcare data in standardized format to institutions, healthcare professionals, and patients can prompt the expansion of the global electronic data interchange market.

The rise in the adoption of EDI for performance management and operational intelligence is another determinate for the market expansion. EDI healthcare transactions offers elimination of paper trails and digitized transactions curbs reduction of costly errors. Moreover, healthcare players are observed to manage significant savings on deploying EDI. Other drives, such as increase in government support for development of IT-based healthcare projects and rise in the demand for reduction in healthcare expenses can accelerate the Global Healthcare Electronic Data Interchange (EDI) Market Research growth. In addition, the growing awareness about benefits of using EDI software, adoption of EDI software by reputed pharmaceuticals, and exercising favourable funding policies offered by different healthcare companies are anticipated to spur the growth of the electronic data interchange market.

On the downside, the high installation price of EDI software, hesitancy to remove conventional methods, and data security can limit the market expansion.

Key Players

Global Healthcare Electronic Data Interchange (EDI) Market Players are Cognizant, Allscripts Healthcare Solutions Inc., Siemens Healthineers, The SSI Group, LLC, Experian Information Solutions, Inc., ZirMed Inc., GE Healthcare, McKesson Corporation, Optum, Inc., Schreiner Group, Passport Health Communications, Emdeon Inc., and HealthFusion are some reputed companies functioning in the global healthcare electronic data interchange (EDI) software market.

Segmental Outline

The global healthcare electronic data interchange (EDI) market outlook was studied by component, transaction, delivery mode, and end user.

Software and services are electronic data interchange market’s component-based segments. Web and cloud-based EDI, direct (Point-to-Point) EDI, EDI value added network (VAN), and mobile EDI are delivery-mode based segments of the EDI market. The market’s transaction-based segments are payment & remittance advance, claims & encounters, claim attachments, eligibility inquiry and response, enrolments, claim status and response, and referral certification and authorization. By end user, the market segments are pharmaceutical & medical device industries, healthcare providers, and healthcare payers, others. The healthcare payers segment can hold the grand share of the overall market as the rate of adoption of EDI by clinicians and physicians for financial management is high. The pharmaceutical and medical device segment can strike a decent CAGR through the study period.

Regional Summary

Americas healthcare electronic data interchange market to be in the forefront. The high pace growth of the healthcare electronic data interchange (EDI) market trends in Americas can be attributed to surge in healthcare expenditure, increased participation of marketers, and disruptive technologies in EDI software.

Europe EDI market expansion can be attributed to hefty funds offered by governments and the presence of favourable policy implementation.

Asia Pacific healthcare electronic data interchange software market insights can surge at a high growth rate due to increased investment in information technology. As per the report offered by India Brand Equity Foundation (IBEF), India’s heavy investment in the development of information technology sector can bolster the expansion of the regional EDI market through the evaluation period.

In MEA, the market of healthcare electronic data interchange software can emerge in coming years.

 

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Gene Panel Market Players, Outlook, Trends & Size by 2032

Market Overview

The Global Gene Panel Market Insights is expected reach USD 3.49 billion by 2032 at 13.72% CAGR during the forecast 2023-2032.

A gene panel test is a type of genetic testing that sequences the entire genome of a patient accused of carrying diseases based on genetic abnormalities or that are genetically inherited, such as cancer, cardiovascular disease, and many others. Pharmacogenetics, congenital disease detection, and cancer risk assessment are just a few of the uses for gene panels.

A gene panel is a useful diagnostic tool for detecting and predicting rare genetic changes that spread diseases like Lynch Syndrome (hereditary non-polyposis colorectal cancer), which puts patients at a higher risk than other cancers like stomach, ovarian, and colon cancer. Targeted gene panels can be used to look for specific gene mutations linked to a disease or a phenotypic attribute that is being studied or researched. Recent breakthroughs in gene sequencing have resulted in the development of user-specific gene panels.

Competitive Landscape

The most prominent major Gene Panel Market Players in the global market are mentioned below:

Agilent Technologies Inc. (U.S.), Thermo Fisher Scientific (U.S.), Hoffmann-La Roche Ltd (Switzerland), Qiagen (Germany), Illumina Inc. (U.S.), BGI Genomics (China), Integrated DNA Technologies, Inc. (U.S.), GENEWIZ (U.S.), Novogene Corporation (U.S.), Personalis, Inc. (U.S.), GATC Biotech AG (Germany), ArcherDX, Inc. (U.S.), GeneDX (Switzerland), CENTOGENE AG (Germany),

Market Segmentation

Design, Application, Technique, and Geography are the four Gene Panel Market Report Segment.

Techniques for obtaining market data include:

       Amplicon-Based Methodology

       Hybridization-Based Methodology

The market is divided into two types of techniques: The amplicon-Based Approach and the Hybridization-Based Approach. The hybridization-based approach had the biggest market share and was expected to increase at a CAGR of 22.22 percent over the projection period.

Global Gene Panel Market, By Design

       Predesigned Gene Panels

       Customized Gene Panels

The Global Gene Panel Market has been split into Predesigned Gene Panels and Customized Gene Panels based on design.

Global Gene Panel Market, By Application

       Pharmacogenetics

       Cancer Risk Assessment

       Diagnosis of Congenital Disorders

       Others

Based on Application, the market is segmented into Pharmacogenetics, Diagnosis of Congenital Disorders, Cancer Risk Assessment, Others.

Regional Classification

The global Gene Panel Market Data is divided into five regions: the Middle East, North America, Asia Pacific, Latin America, Europe, and Africa.

Because of increased collaborations and partnerships among industry participants, North America is likely to have a leading position in the global gene panel market over the forecast period. In October 2019, for example, Illumina, Inc., an American biotechnology company, and QIAGEN, a German molecular diagnostics company, established 15-year cooperation to expand the availability of next-generation sequencing-based clinical diagnostics for gene panels.

Industry News

·        Increased cancer cases of various sorts, such as cancer of the ovaries, fallopian tubes, breast cancer, prostate cancer in males, and rising global prevalence of chronic diseases, are driving the gene panel market. Furthermore, a growing number of initiatives by various companies throughout the world and other advantages of gene panels are important factors encouraging the gene panel market. On the other hand, strict policies and regulations for pharmaceutical companies and protection issues about genetic data are the major challenges faced by the gene panel market and hampering the growth.

·        One of the key reasons the area has become a primary medical service provider is its booming biotechnology industry and greater knowledge of new technologies. Even though gene panel testing is reliable, the test's limitations and inaccuracy are predicted to stymie industry growth. Moreover, the market is expected to be stifled due to rigorous laws and safety concerns around gene panels. Regardless, continued genome sequencing research and innovation are projected to increase the demand for genetic testing.

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Nuclear Imaging Devices Market Trends, & Share Analysis by 2032

Market Highlights

The global Nuclear Imaging Devices Market Share is expected to grow significantly over the forecast period. It is anticipated that the market is projected to register a CAGR of 5.1% over the forecast period 2023-2032.

The increasing prevalence of cardiovascular disorders is one of the key factors driving the nuclear imaging devices market research. As per the report published by the Centers for Disease Control and Prevention (CDC) in 2017, nearly 92.1 million adults were dealing with at least one type of cardiovascular disease.

Various other factors such as the advancements in radiotracers, acceptance of nuclear imaging devices in ambulatory settings, increasing geriatric population, untapped emerging markets, rise in regulatory approvals, and increasing investment on diagnostic imaging centers are also expected to propel the growth of the market.

However, the high cost of the nuclear imaging device, shorter half-life of radiopharmaceuticals can hamper market growth over the forecast period.

Segmentation

The global nuclear imaging devices market is segmented based on technology, application, end user, and region.

·        The global nuclear imaging devices market trends, by technology, is segmented into positron emission tomography (PET), single photon emission computed tomography (SPECT), and planar scintigraphy. The single-photon-emission computed tomography (SPECT) are further classified as hybrid SPECT systems and standalone SPECT systems.

·        Based on application, the market is segmented into oncology, cardiology, neurology, and others.

·        Based on end user, the market is segmented into hospitals, diagnostic imaging centers, and others.

·        The diagnostic imaging centers segment is expected to witness the fastest growth over the forecast period due to rising adoption of nuclear imaging in diagnostic centers.

Regional Analysis

In the current scope of the study, the segments mentioned above are covered into the four global regions, namely, the Americas, Europe, Asia-Pacific, and the Middle East and African region.

The nuclear imaging devices market insights in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.

The European nuclear imaging devices market has been segmented into Western Europe and Eastern Europe. Western Europe has been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.  The nuclear imaging devices market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The nuclear imaging devices market in the Middle East & Africa has been segmented into the Middle East and Africa.

Key Players

the global nuclear imaging devices market players are

         ·         Philips Healthcare,

         ·         Digirad Corporation,

         ·         Neusoft Medical Systems Co., Ltd.,

         ·         Progenics Pharmaceuticals Inc.,

         ·         Cannon Inc.,

         ·         Surgiceye GmbH,

         ·         CMR Naviscan,

         ·         Mediso Medical Imaging Systems Ltd.,

         ·         Agfa-Gevaert Group,

         ·         General Electric Company,

         ·         DDD-Diagnostic A/S,

         ·         Spectrum Dynamics Medical,

         ·         FMI Medical Systems, Inc.,

         ·         Segamicorp, and others.

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Urinary Tract Infection Market Trends By Type; Region; Segmentation to Forecast 2032

Market Scenario-

Market Research Future (MRFR)’s newly released study reveals that the Urinary Tract Infection Market share is projected to reach USD 12.21 billion by 2032 at a CAGR of 3.5% from 2023 to 2032. The market valuation by the end of the analysis period will be around USD 11.3 billion, adds the extensive report.

Competitive Analysis-

Urinary Tract Infection Market players are included in

Allergan,

Eli Lily, Company,

GlaxoSmithKline plc,

Cipla Inc.,

Pfizer Inc.,

Novo Nordisk A/S,

Bayer AG,

Novartis Ag,

Teva Pharmaceuticals,

Merck & Co. Inc.

are identified as the top Urinary Tract Infection Market Players highlighted in the extensive study.

Primary Boosters and Barriers

Rising investments in exhaustive research & development of novel drugs and advanced devices could be a crucial growth inducer of the market growth in the years ahead.  Majority of the companies are focused on carrying out extensive R&D activities for antibiotics. The key firms in the market part of these research studies include Cipla, Pfizer, and GlaxoSmithKline, investing substantially in antibacterial discovery trials.

The Urinary Tract Infection Market Trends Size is slated to experience significant upsurge in the coming years, due to the surging burden of UTIs among women in the reproductive age group. A few other risk aspects include the utilization of contraceptive diaphragms, urinary tract abnormalities, and menopause, which are developing rapidly among the female population worldwide. This will be a major reason behind the robust business expansion in the ensuing years.

Striking increase in cases of diabetes and obesity and the consequent development of bladder dysfunction, paired with the surging use of cutting-edge technologies like nanotechnology stimulates the market growth as well.

Segmental Analysis

Drug class, application, pathogen, and end-user are the segments depending on which the urinary tract infections market research has been considered in the review study.

  • Drug class-based segments outlined in the study are aminoglycosides, quinolones, azoles, along with cephalosporins, and penicillin. Quinolones-wise, the major segments are pefloxacin, enoxacin, fleroxacin, and norfloxacin.
  • Applications of urinary tract infection drugs and devices are in urethritis, cystitis, pyelonephritis, and others. Urethritis can expect the highest growth in the forthcoming period.
  • Pathogens studied in the report are Proteus mirabilis, klebsiella pneumonia, escherichia coli, and more.
  • Market end-users are healthcare centres, hospitals, self-administered kits, and clinics.

Regional Status

North America presides over the worldwide market for urinary tract infections, in terms of revenue generation. The North American market should continue to create waves over the following years, thanks to the soaring cases of diabetes and various chronic disorders. The mushrooming UTI patient base, particularly in the United States further fosters the industry share in the region. Studies have revealed that over 40 million Americas have diabetes, with more than 11% of the population in the US, resulting in higher vulnerability to infections such as UTIs. Vast pool of public health laboratories providing extensive services for UTI testing, paired with the availability of medical insurance are also a few other important growth boosters.

Asia Pacific will be covering considerable grounds at the fastest pace from 2020 to 2027, as the healthcare infrastructure continues to improve and cases of diabetes and UTI cases mounting in India, Malaysia, Singapore, and China. The mounting number of urinary tract infection testing, paired with the stunning expansion of the biopharma and pharma industries could further boost the business value in the region over the years to come. Experts believe that Asia Pacific will be a prime spot for the market, given the tremendous growth of the medical tourism industry across India and Japan. Other growth opportunities in the region will be the rapidly aging populace, surge in consumer awareness, rise in kidney diseases, supportive government policies, and the upgradation of the healthcare infrastructure.

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Microspheres Market Players : A Regional Analysis of the global Market

 

Market Overview:

Microspheres are extensively used in the healthcare sector owing to their qualities such as chemical resistance, enhanced processing, heat resistance, thermal stability, and others. Market Research Future (MRFR) has published a report stating that the global microspheres market size is projected to reach USD 10.99 Billion at a CAGR of 12.20% during the forecast period of 2023-2032.

Key Players:

Global microspheres market players profiled by MRFR that are 3M (Unites States), Potters Industries LLC (United States), AkzoNobel N.V. (Netherlands), Momentive Performance Materials Inc. (United States), Chase Corporation (United States), Matsumoto Yushi Seiyaku Company (Japan), Mo-Sci Corporation (United States), Trelleborg AB (Sweden), Luminex Corporation (United States) and others.

 

Market Drivers and Restraints:

Increased research for the development of advanced medical devices that ensure effective drug delivery is fueling the growth of the global microspheres market as these microparticles are extensively utilized in such devices. Rapid technological advancement is also aiding the development of medical devices and treatment techniques that require microspheres, which in turn is propelling the growth of the global microspheres market. However, low penetration of technologically advanced solutions in the underdeveloped countries is restraining the growth of the global microspheres market during the review period.

Market Segmentation:

The global microspheres market has been segmented on the basis of material, types, and application. Based on material, the global microspheres market has been segmented into synthetic polymers and natural polymers. Based on type, the global microspheres market has been segmented into bioadhesive microspheres, magnetic microspheres, floating microspheres, radioactive microspheres, and polymeric microspheres. Based on application, the global microspheres market has been segmented into drug carrier, pulmonary drug delivery, tissue regeneration, and others.

 

Regional Analysis:

Geographically, the global microspheres market Insights has been segmented into four major regions such as North America, Europe, Asia Pacific, and the Middle East and Africa. The North America region is projecting dominance over the global microspheres market owing to the rapid technological advancement &easy adoption of technologically advanced solutions in the well-developed healthcare sector in this region. This region is forcasted to expand at a significant CAGR of 11.3% during the forecast period of 2016-2022. Whereas, the Europe region is projected to be the second largest market in the global microspheres market, expanding at a noteworthy CAGR of 11.5% during the assessment period. The market in this region is majorly driven by the increased research and development activities that are being carried out in the pharmaceutical industry, presence of large number of prominent players and increased healthcare expenditure by the population of the Europe region. The Asia Pacific region is forecasted to project the fastest growth in the global microspheres market owing to the increased government funding for the development of healthcare sector and rapid expansion of the pharmaceutical industry in this region. Poor economic conditions, low penetration of advanced technology and absence of primary healthcare services in the underdeveloped countries are leading to the slow growth of the microspheres market in the Middle East and Africa region.

 

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