Auto-Injector Market Outlook : A Forecast of the Market Share, and Trends

 Auto-Injectors Global Market – Overview

Global Auto-Injectors market share is expected to reach USD 8.80 billion by 2032 and is expected to grow at a CAGR of 14.2% during the forecast period 2023 – 2032. The global market for auto-injectors is growing rapidly. Increasing prevalence and incidences of anaphylaxis and food allergies around the world is majorly responsible for the growth of the global auto-injectors market.  According to the recent Market Study Report “Global Auto-Injectors Market” published by the Market Research Future.

Auto-injectors are spring-loaded syringes, designed to deliver a single dose of a particular life-saving drug. Auto injectors, as the name suggests, are easy to use and are intended for self –administration by patients, or can be administered by untrained personnel. These injectors were initially designed to overcome the hesitation associated with self-administration of the needle-based drug delivery device. Most of the injectors are spring-loaded based.

In an Auto injector the needle tip is covered/ shielded prior to injection, Injection depth can be adjustable with a passive safety mechanism to prevent accidental injection. At the touch of a button, Auto injector automatically inserts the needle and contents of the syringe into the skin without the user having to see the needle. Auto-injectors not only allow the automatic injection of the syringe but also have a visual indication to confirm that the full dose has been delivered, factors as such affirm that Auto injectors are completely safe and reliable for the self-administration of drug delivery and are preferred over the traditional syringe among the needle-based drug delivery devices.

Auto-Injectors Global Market - Segments:

Auto-Injectors Market outlook has been segmented in to 3 key dynamics for an enhanced understanding and convenience of the report.

Segmentation by Product Type          : Comprising - Disposable, Reusable and others

Segmentation by Application             : Comprising - Anaphylaxis, Allergies, Multiple Sclerosis, Rheumatoid Arthritis and others

Segmentation by suppliers                : Comprising - Online Retailers, Pharmacy, Retailers

Auto-Injectors Market Regional Analysis

Globally North America is the largest market for auto-injectors.

Europe is the second-largest market for auto-injectors. Asia pacific region is expected to be fastest growing region in auto-injectors market.

Growth of biologics and entry of biosimilar in leading pharma markets such as the U.S. and Europe is expected to be the key driver for growth of the injectable drug delivery market for the forecast period.

Auto-Injectors Global Market - Key Players

While commenting upon this deep diving study report, presented through more than 100 market data tables and figures, widely spread over 85 pages, the MRFR Research Analyst also mentions that Auto injectors normally are made of glass syringes making them fragile and a probable cause of contamination. Currently, the players of the market are striving to create auto injectors syringes with plastic to prevent unnecessary contamination, confirms MRFR Analysis. 

Global Auto-Injectors market Players are:

• UNILIFE CORPORATION,
• Scandinavian Health Ltd,
• Owen Mumford Ltd. (UK),
• kaleo, Inc.,
• Amedra Pharmaceuticals LLC,
• Enbrel and others.

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Smart Inhalers Market Outlook: growth, drivers and forecast report by 2032

 Smart Inhalers Market – Overview

The use of smart technology has established a smart presence in the healthcare domain. This has led to an increased number of smart devices. Market focused reports linked with the healthcare industry among others recently have been made available by Market Research Future which issues reports on this industry. The smart inhalers market share is projected to expand with a 23.50% CAGR approximately while earning revenues worth USD 2.00 billion by the end of the forecast period 2032.

The need to monitor medicine dosage and schedule the medicine intake in the market for smart inhalers has grown considerably. Due to the prevalence of ailments like asthma, the market has grown considerably over the past few years. As asthma patients are required to monitor their drug intake diligently, the smart inhalers provide a great degree of convenience in that regard. The development of the market is also powered by the incorporation of cutting-edge technologies in these products.    

Industry Segments 

The smart inhalers market outlook has been segmented on the basis of application, type, end user, and region. On the basis of type, the segment involves metered dose inhaler and dry powder inhaler. The dry powder inhalers control the principal share of the market. The application basis of segmentation of the market consists of asthma, COPD, and others. The end user segmentation of the market is segmented into respiratory care center, hospitals & clinics, and others. On the basis of regions, the market includes North America, APAC, Europe and rest of the world.

Global Competitive Analysis

The impetus for the market’s growth has altered the competitive background of the market. By ensuring supply and demand are in balance the competitors can unlock new opportunities for growth. The key players and trends have created a positive tone for development. The important trends and players have established a positive tone for development. The opportunities for growth and innovation have increased at a rapid pace transforming the landscape of the market. Engaging and converting prospective opportunities is modifying the growth pace of the market considerably. The competitors in the market have been spurred to devise strategic road-maps that capitalize on the positive market cues.

Smart inhalers market players are AstraZeneca, Gecko Health Innovations Inc., Cohero Health, Adherium, GlaxoSmithKline, Inspiro Medical, and Propeller Health.    

Detailed Regional Analysis

The smart inhalers market insights comprises regions such as North America, Middle East, Europe, Africa, APAC and rest of the world.  Globally, the North American region is the major market for smart inhalers which is predicted to touch $888.4 million in revenues approximately by 2023. The European region was the second biggest market in 2016 which is worth $57.4 million. Additionally, the Asia Pacific market is anticipated to be the most rapidly growing market and is likely to develop at a CAGR of 55.3 percent during the forecast period from 2016 to 2022. The smart inhalers market in the rest of world is anticipated to surge after 2019.

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Remote Patient Monitoring Market Outlook Analysis 2030

 

Market Overview

Market Research Future (MRFR) expects the Remote Patient Monitoring Market to reach USD 7.27 billion by 2030 and record a growth rate of 18.64% between 2023 and 2030.

Top Drivers and Major Challenges

The COVID-19 outbreak has been quite favorable for the Remote Patient Monitoring Market Share. Remote monitoring systems help efficiently manage chronic diseases in various ways, including assessing early warning signs, progress tracking, and more. These useful applications are bound to create a huge demand for these systems in the years to come. Annually, chronic illnesses account for more than 90% of the total healthcare costs in the United States. These conditions can be prevented if there is timely assistance available for patients, a feature that is provided by remote monitoring systems. These delay visits to the emergency room and also reduce hospitalization rates, with telemedicine apps automating and digitizing critical tasks. This helps bring down hospital administrative activities, thereby boosting the use of remote monitoring systems. The fact that the pandemic has caused notable space constraints in hospitals will also enhance the need for remote patient monitoring systems Insights.

Reputed Competitors

         ·         Nihon Kohden Corporation (Japan),

         ·         OSI Systems, Inc. (US),

         ·         GE Healthcare (US),

         ·         Cerner Corporation (US),

         ·         Koninklijke

         ·         Philips N.V. (Netherlands),

         ·         Abbott Laboratories (US),

         ·         Siemens Healthineers AG (Germany),

         ·         Medtronic plc (Ireland),

         ·         OMRON Healthcare (Japan), and

         ·         Boston Scientific Corporation (US)

are the most affluent Remote Patient Monitoring Market Players.

Patients dealing with chronic diseases are being advised not to visit hospitals, given the threat of infections. This factor has accelerated the growth rate of the remote patient monitoring market to a great extent. Also, massive investments by firms as part of collaborations, acquisitions, and partnerships with new startups will benefit the global market.

Personalized telemedicine apps are in huge demand among people, as these offer a solid communication platform for real-time, remote monitoring, acting as a link between the patient and the caregiver. This borne out of necessity advanced offering has transformed market dynamics of remote patient monitoring systems, following the COVID-19 outbreak. This has not only sped up people’s recovery rates but also helped providers enhance their revenue streams.

The American Heart Association and similar other organizations come up with different initiatives aimed at elevating access to remote patient monitoring technologies for improved health management. Efforts by the top device manufacturers in terms of developing advanced systems will augment market demand in subsequent years. To cite a reference, in May 2022, Novant Health formed an alliance with Health Recovery Solutions to launch a new remote patient monitoring system. This system offers effective care and accurate outcomes. The pilot program will be introduced and will focus majorly on bariatric patients, before exploring spaces.

Market Segmentation

Services and devices are the major types of Remote Patient Monitoring Market Outlook.

·        The various types of devices are Respiratory Monitoring, Blood Glucose Monitoring, Multi-parameter Monitoring, Cardiac Monitoring, and more.

·        Applications of remote patient monitoring systems are Diabetes, Cardiovascular Diseases, Cancer, and more.

·        Key end-users in the market include Providers, Patients, as well as Payers.

Regional Study

North America is the most successful market for remote patient monitoring systems, with its revenue share expected to continue to grow in the years to come. The escalating cases of chronic diseases, the burgeoning use of portable and wireless systems as well as the presence of advanced reimbursement structures that bring down out-of-pocket expenditures benefit the regional industry. Besides, the surging R&D for designing novel, efficient sensor-based patient monitoring systems and the rising efforts by renowned companies in the region, especially in the US, will further strengthen the market position.

The Asia Pacific market could anticipate growth at the fastest pace in the given period, thanks to various untapped opportunities in emerging nations like India and China. However, Japan will be the highest revenue generator in the years to come, due to the expansive population of old age patients.

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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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