Gene Panel Market Research : A Technology Analysis of the Key Products

 

Market Overview

The Global Gene Panel Market Share 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 Outlook 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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Ai assisted radiology market Research : A Technology Analysis of the Key Products

 

Market Summery

The AI-assisted radiology market share is expected to grow from USD 7.73 billion in 2022 to USD 10.01 billion by 2030, at a CAGR of 33.18%. AI-assisted radiology solutions use artificial intelligence to help radiologists interpret medical images more accurately and efficiently. These solutions can identify and prioritize suspicious findings, generate reports, and even provide treatment recommendations.

Key Players

MRFR recognizes the following companies as the Global AI-assisted radiology market Players are

GE Healthcare (US),

FUJIFILM Corporation (Japan),

Aidoc (Israel),

ClariPi Inc. (South Korea),

IBM Corporation (US),

Koninklijke Philips N.V. (Netherlands),

Siemens (Germany),

Medtronic (Ireland),

Gleamer (France), and

Agfa-Gevaert Group (Belgium).

Segment Analysis

The global AI-assisted radiology market insights has been segmented based on technique, application, and end user.

On the basis of the end user, the market is segmented into Hospitals, Diagnostic Imaging Centers, and Others. The hospitals segment held the largest market share during the forecast period owing to favorable reimbursement regulations and is preferred by patients for the treatment process due to the convenience & a variety of product offerings in one place.

On the basis of technique, the market is segmented into x-rays, magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), ultrasound, and others. The computed tomography (CT) segment held the largest market share in 2022.

Based on application, the global AI-assisted radiology market has been segmented into neurology, mammography, cardiovascular, respiratory & pulmonary, orthopedics, and others. The neurology surgery market held the largest market share in 2022.

Geographical Analysis

The global AI-assisted radiology market outlook, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe AI-assisted radiology market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The AI-assisted radiology market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World AI-assisted radiology market comprises of Middle East, Africa, and Latin America.

North America is expected to dominate the AI-assisted radiology market during the forecast period, due to the early adoption of AI technologies in healthcare and the high prevalence of chronic diseases. However, the Asia Pacific market is expected to grow at the highest CAGR during the forecast period, due to the increasing investment in healthcare infrastructure and the growing demand for AI-driven solutions in the region.

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Body Contouring Market Overview Analysis Drivers, Trends and Forecast to 2032

 

Market Analysis

The global body contouring market share is predicted to grow at a 14.0% CAGR over the forecast period (2023-2032), as per the latest Market Research Future (MRFR) report. Body contouring, which is also known as body sculpting, is a surgical procedure which improves the appearance of tissue and skin after a considerable weight loss. This procedure can include liposuction, breast lift, tummy tuck, or body lift. An average body contouring session will last about an hour but has no downtime. It has gained immense popularity as people are looking for safer, cost-effective, and less painful alternatives for getting the desired body shape.

 

Body contouring can be done both surgically and non-surgically, and both are gaining ample recognition. Although this procedure can address any part of the body but some of the most common areas which people seek to improve include calves, thighs, waistline and back, abdomen, breasts, upper arms, and face and neck.

 

Various factors are propelling in the body contouring market overview. These factors, as stated by the MRFR report, include increasing obese population, lack of exercise, diseases such as diabetes and cardiovascular ailments, adoption of fast food, and rising awareness and accessibility of cosmetic surgeries. Additional factors boosting market growth include advancements in technology, rising disposable income, demand for improved fat reduction procedures, presence of sophisticated infrastructure, expanding medical tourism industry, and growing urbanization. Besides, the different benefits that body contouring offers such as faster recovery time, minimal invasion, accurate fat measurement and removal, less trauma, and targeted internal delivery are also boosting the market growth.

 

On the contrary, the high cost of therapy may hinder the body contouring market growth over the forecast period.

 

 Key Players

the body contouring market players report include Wells Johnson Company (US), Erchonia (US), Invasix Aesthetic Solutions (US), InMode (US), Human Med (Germany), Chromogenex (UK), GlobalMed Technologies (US), Fotona (Slovenia), Cutera (US), BTL Industries (US), Andrew Technologies (Canada), Asclepion Laser Technologies (Germany), Valeant (Canada), Palomar Medical Technologies (US), Lumenis (Israel), Syneron Medical (Israel), Cynosure (US), Meridian (Michigan), and Alma Lasers (Israel).

 

July 2019: A new body-contouring device, CoolTone has received FDA clearance to firm up muscles in the thigs, butt, and the abs.

 

Market Segmentation

 

The Market Research Future report provides a wide segmental analysis of the body contouring market based on type.

 

Based on type, the body contouring marke is segmented into non-invasive and minimally invasive devices. The non-invasive devices segment is again segmented into high intensity focused ultrasound lipoplasty devices and radio frequency lipoplasty devices. The minimally invasive devices segment is again segmented into radio frequency assisted liposuction devices and laser-assisted lipolysis devices. Of these, the non-invasive segment will have the largest share in the market over the forecast period. This is owing to heavy investments being made by leading companies for developing advanced equipment and technologies. Moreover, its alluring features such as cost-effectiveness, short downtimes, and enhanced safety are also boosting the market growth.

 

Regional Analysis

Based on the region, the body contouring market report covers growth opportunities and the latest trends across the Asia Pacific (APAC), Europe, North America, and the Middle East and Africa (MEA). Of these, North America will spearhead the market over the forecast period. This is owing to 55% of the population in this region is suffering from obesity. Besides, governmental support for R&D activities for various surgery and devices and rising healthcare expenditure are also pushing market growth.

 

The body contouring market in Europe is predicted to have the second-largest share in the market over the forecast period.

 

The body contouring market in the APAC region is predicted to grow at the fastest pace over the forecast period. This is owing to increasing consumer disposable income, the presence of a huge target population, and the introduction of advanced products. Moreover, the growing demand for better devices and treatment and the rising prevalence of obesity and diabetes are pushing market growth. India, South Korea, Japan, and China are the key contributors in this region.

 

The body contouring market in the Middle East and Africa is predicted to have steady growth over the forecast period.

 

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3D Printing Medical Devices Market Research Analysis by key Players till 2032

 

Overview:

Global 3D Printing Medical Devices Market Share is projected to reach USD 6.86 billion by 2030, as per the report of Market Research at a CAGR of 29.9% during the forecasted period 2023 - 2030, which can be studies as the forecast period for the market. The report also covers several market aspects to understand, which way the market would swing in the coming days.

3D printing has the benefit of creating products with great precision and in much less time. In addition, it curbs the final cost significantly and can be customized as per the need. The recent advents of the technology in various segments like dental, orthopaedic, and others are expected to make substantial space for the market to proliferate. The technology is gaining mileage by impacting sectors like the creation of limb prosthetics, titanium replacements for hips & jaws, manufacturing of plastic tracheal splints, etc.

The global 3D printing medical devices market research can experience the impacts of government funding and various private investors. But its biocompatibility issues can deter the market growth.

Competitive Landscape:

Global 3D Printing Medical Devices Market Players has potential to make changes in the outcome of the market in the coming years by transforming their strategic moves. These companies are Stratasys Ltd., 3D Systems Corporations, EnvisionTEC, Arcam AB, Organovo Holdings, Inc., SLM Solutions Group AG, Materialise NV, Oxford Performance Materials, Inc., Laser GmbH, 3T RPD Ltd, Bio3D Technologies, Renishaw plc, Cyfuse Medical K.K.EOS GmbHConcept, Prodways Group, and others.

Segmentation:

MRFR’s take on the Global 3D Printing Medical Devices Market has its foundation on the segments like component, types, application, technology, and end-users. These segments have inclusion of various insights regarding the market that can be explored well for strategies of the coming years.

By type, the global 3D printing medical devices market trends includes prosthetics & implants, surgical instruments, surgical guides, and tissue engineering product. The surgical guide segment has better market coverage.

By component, the global market report for 3D printing medical devices comprises system, 3D bio printer, materials software & services, and 3D printer. The software & services segment has better opportunities to cover the market on a greater way.

By technology, the report for 3D Printing Medical Devices Market insights forms a foundation by centering around droplet deposition, 3D printing, laser beam melting, photopolymerization, laminated object manufacturing (LOM), polyjet technology, electron beam melting (EBM), and others. The photopolymerization segmentation is deemed to spearhead the global market.

By application, the same market report covers clinical study devices, external wearable devices, implants, and tissue engineering.

By end-users, the report on the global market for 3D Printing Medical Device comprises academic institutions, medical & surgical centers, pharma & biotech companies, hospitals, and contract research organization.

Regional Analysis:

The 3D Printing Device Marketis finding strong traction in the Americas where cosntant changes is getting ushered in by various market players who are operating from the region and impacting the global market by earning better revenues. The market in the Americas has two distinct regions like North America and South America. In North America, the market for 3D printing devices depends mainly on the contributions of the US and Canada, whereas, in the South, the market gains more from the evolution of Argentina and Brazil. North America has the market dominance and it can be taken into consideration The market in the region is gaining from increasing demand for transplants.

In Europe, the market is finding strong growth due to increasing government funding and investments in the research and development sector. The improving lifestyle is also creating much demand for the regional market for 3D printing medical devices.

The market in the Asia-Pacific region has the potential to clock highest growth rate during the forecast period. Also, the geriatric population and rising expenditure in the healthcare sector can improve the market scenario better.

The market from the Middle East & Africa region may find least revenues to contribute as the region lacks infrastructure and much expenditure capacity due to the presence of poor economies.

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Occlusion Devices Market Research Analysis By Top Key Players & Regional Analysis

 

Occlusion Devices Market – Overview

The growth in the demand for diagnostic has had a beneficial effect on the growth of the market for occlusion devices. Reports that gauge the healthcare industry have been made available by Market Research Future which creates reports on several industry verticals that review the market growth and prospects. The Occlusion Devices Market share is projected to grow USD 2193.98 million at a CAGR of 6.2% in the forecast period 2022-2030.

The rise in heart-related ailments has been identified as a vital factor for the development of the occlusion devices market research. The increased prevalence of chronic diseases is also expected to benefit the demand for occlusion devices. Also, an increased pace of improvement in the product design and efficiency of occlusion devices is projected to create favorable opportunities for expansion.

Competitive Analysis

The escalated turnaround in the market is likely to set off new openings for the development of the market. The enhancement in different domestic economies is projected to encourage the progress of the market in the impending period. The ease in accessing key planned opportunities important to consequent stabilization of inflation is projected to generate a promising option for development in the approaching years. In the approaching years, the control exerted by fairly high-income level nations around the world and the likely gains observed towards a few of the currencies around the world is projected to strengthen the fruition of the market in the forecast period. A significant climb in the number of backers in the market is expected to craft an advantageous state of affairs for the evolution of the market in the projected period. The advancement of the market is projected to capture amplified impetus in the coming years chiefly due to the incidence of contributory government plans.

The occlusion devices market players are Acrostak, Cook Group, Angiodynamics, Asahi Intecc, Avinger, Cardinal Health, Edwards Lifesciences,  Terumo Corporation (Japan), Penumbra, Stryker Corporation, Terumo Corporation, B. Braun Melsungen AG (Germany), Abbott Laboratories (U.S.), Medtronic plc (Ireland), MicroPort Scientific Corporation (China) and Meril Life Sciences Pvt. Ltd. (India) to name a few.

Segmental Analysis

The segmental analysis of the occlusion devices market trends is carried out on the basis of product, region, application, and end-user. Based on the product, the occlusion devices market is segmented into support devices, tubal occlusion devices, support devices, and occlusion removal devices. The embolization devices segment is further segmented into tubal occlusion devices and liquid embolic agents. The occlusion removal devices are further segmented into stent retrievers, coil retrievers, balloon occlusion devices, and suction and aspiration devices. The support devices segment is further segmented into guidewires and microcatheters. The segmentation of the occlusion devices market based on application comprises of cardiology, neurology, peripheral vascular diseases, oncology, urology, gynecology, and others. The end-user based segmentation of the occlusion devices market comprises of diagnostic centers, hospitals and clinics, ambulatory care centers, surgical centers, and others.

Detailed Regional Analysis     

The regional analysis of the occlusion devices market insights observes that the North American region is the chief region and is chiefly motivated by the mounting patient population suffering from persistent diseases, rising investment in healthcare, and escalating geriatric population levels. Also, the U.S. is the principal market in the North American region due to the incidence of a huge number of market companies manufacturing occlusion devices and growing awareness about risk factors for chronic diseases. The European region’s occlusion devices market shows positive growth with an escalating emphasis on the diagnosis of chronic diseases and other associated diseases. The Asia Pacific region is anticipated to be the top growing market whose expansion is accredited to the mounting burden of chronic diseases and escalating focus on early diagnosis and management of heart diseases. Additionally, other factors contributing to the expansion of the occlusion devices market are lifestyle changes, the control of western culture among adults, and compulsion to smoke. The Middle Eastern and African region in the market for occlusion devices displays a stable rise with a boost in the number of healthcare facilities offering treatment of chronic circumstances and the affluent growth in the medical device sector, particularly in the devices used in treatment methods.

Related reports:

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Laboratory Information Systems Market Research Report - Forecast to 2030

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Medical Supplies Market Trends, Size and Regional analysis by 2032

 Overview:

Medical supplies are getting notable traction owing to their greater permeation into the healthcare sector to ensure constant flow in the treatment procedure. The global market for medical supplies is growing multifield due to the constant influx of funding and better understanding of the implementation of various procedures. The market report has an intense focus on the growing demand for such facilities. Market Research Future (MRFR) has made a prediction for the global medical supplies market share is projected to reach an impressive CAGR 4.6% to maintain between 2023-2032 this can be considered as the forecast period to simplify market understanding.

Various ecological changes, manufacturing challenges, and others are bound to take the global market for medical supplies to prosper. Accident and injuries, chronic diseases are growing in occurrence, which can be taken into consideration for a better market analysis. In addition, better care for safety measures, various therapies, and enhancing economic conditions can impact the market.

Segmentation:

The global medical supplies market take cues from MRFR to know about the market prospect in a much detailed way. This segmentation would uncover data regarding factors and ensure better understanding of strategic moves for future planning. The report includes type, application, and end user, and is loaded with various information.

The global medical supplies market trends segmentation of the, by type, comprises infusion products, type, wound care products, adult incontinence products, blood collection tubes, surgical drapes, dialysis consumables, blood glucose test strips, and others.

By applications, the market report on the medical supplies can be segmented into anesthesia, wound care, urology, and sterilization. In wound care, the growth of the market supply would depend much on maintaining a supply-demand curve.

On the basis of end user, the market is segmented into hospitals, clinics, nursing homes. The hospitals segment is fetching to great revenues and can boost the market notably.

Competitive Landscape

Global medical supplies market research players with their immense contribution. The market is witnessing their significant strategic moves to understand how well changes can be incorporated and implemented. These companies are Baxter International Inc. (U.S.), B. Braun Melsungen AG (Germany), 3M Company (U.S.), Medtronic plc (Ireland), Thermo Fisher Scientific Inc. (U.S.), Boston Scientific Corporation (U.S.), Johnson & Johnson (U.S.), and Halyard Health, Inc. (U.S.) and others.

Regional Analysis:

North America is taking great measures to continue its dominance in the global market for medical supplies. The past years have seen the market cementing its position by implementing various technological researches, hike in investment, better strategic positioning, and others that have built their market notably. The impacts are still visible and factors developing the market has grown multifold. The market is benefiting from the fast inclusion of e-commerce and better provision for logistics sector. Also, cost competitive supplies can trigger better market growth in the coming days.

The European market for medical supplies has emerged as a lucrative option as its economic condition is getting revived notably. Better healthcare expenditure, technological incorporation, global players, and others are significantly impactig the market growth chart. Increasing expenditure for research and development can also ensure high growth rate.

The market for medical supplies in the Asia Pacific region would gain much from the proliferating companies impacting intake patterns. Several emerging economies are influencing the regional market to a great extent. India, China, and other major countries are showing potential to impact the market.

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Digital Wound Measurement Devices Market Report by Major Manufacturers and Competitive landscape

 

Market Overview

The Global Digital Wound Measurement Devices Market Trends is expected to reach USD 0.66 Billion by 2032 at 4.3% CAGR during the forecast period 2023-2032.

Market Highlights

Digital wound measuring instruments are used for precise wound measurement and have electronic medical record (EMR) software integration for three-dimensional measurement of a wound. Changing habits, leading to a high prevalence of diabetic wounds and pressure ulcers, and a rise in the geriatric population are the key factors contributing to demand development. In addition, demand development is further boosted by the benefits of automated wound measuring techniques, which provide additional knowledge on the extent and volume of the wound. However, market development is likely to be impeded by the shortcomings of optical wound measuring instruments. Moreover a major unmet demand for wound measuring equipment offers a lucrative prospect for business expansion.

Factors, however, such as the failure of the system to provide additional details on wounds such as moisture or exudation, and the high cost of digital devices are expected to restrict the market growth during the forecast period.

Segmental Analysis

·        On the basis of wound form, product, and end-user, the worldwide automated wound measuring devices market research is segmented. The demand for optical wound measurement instruments is sub-segmented into diabetic ulcers, chronic wounds, burns, incisional, and traumatic by wound form. The product group is sub-segmented into measurement instruments for touch wounds and non-contact wound measuring devices.

·        On the basis of end users: The industry is segmented into hospitals, clinics, and outpatient surgery centres.

Regional Overview

Due to the growing prevalence of chronic wounds and technical advances in the healthcare industry, the optical wound measuring instruments market is dominated by North America.

In the worldwide demand for optical wound measurement instruments, Europe is projected to be the second highest. Increasing technical innovation and wound care studies, along with government funding in Europe, are driving demand growth in this area. By June 2019, in the presence of many international wound control communities, the European Wound Management Association will hold its 29th conference in Gothenburg, Sweden, with the shared aim of strengthening the treatment of wound patients.

For the global market of automated wound measuring instruments, Asia-Pacific has been projected to be the fastest growing area. This area's demand is driven by main factors such as increasing geriatric population, rising diabetic patient pool, high chronic wound occurrence, and improving healthcare infrastructure. 60 per cent of the world's diabetic population is in Asia, according to the Asian Diabetes Reduction Campaign. This offers a positive backdrop for the development of the market in Asia.

Owing to the prevalence of rigid government policies and weak economic performance, the Middle East and Africa have the least share of the worldwide demand for remote wound measuring instruments. However, growing awareness of private sector players in this area and increasing investment will fuel market growth in this region. 

Competitive Dashboard

The global digital wound measurement devices market players are

WoundRight Technologies Tissue Analytics,

Parable Health,

ARANZ Medical Limited,

eKare, Inc,

KCI, an Acelity Company,

WoundMatrix, Inc.,

WoundZoom Inc.,

Kent Imaging Inc.,

WoundRight Technologies, LLC,

WoundVision, LLC,

Hitachi Healthcare Americas, and

Smith & Nephew plc.

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