Flow Cytometry Market Share accelerating a CAGR during the forecast period

Flow Cytometry Market – Overview

The rising demand for clinical and scientific research has raised the requirement for flow cytometry. Market reports associated to the healthcare industry have been made available by Market Research Future which creates reports on other industry verticals that outlines the current market scenarios. The Flow Cytometry Market share is predicted to grow at a CAGR of 8.2% in the forecast period 2023-2032.

The rising adoption of innovative technology is expected to impact the market positively. The healthcare sector is one of the major end users of the flow cytometry market. The intensifying occurrences of HIV and cancer cases which have to be the diagnosed correctly are fuelling the expansion of the market. The market is anticipated to evolve further due to demand from hematology, transplantation, genetics and prenatal diagnosis in the upcoming forecast period.

Detailed Regional Analysis 

The Americas region is likely to control the flow cytometry market insights due to the incidence of a well-established healthcare system, implementation of highly advanced technology and rise in the number of patients suffering from autoimmune diseases in the region. The European region is projected to be the next principal flow cytometry market. The market progress in this region can be credited to government funding and support to the research and development activities, rising awareness about healthcare diagnostics and growing cases of cancer patients in the region. Besides, the collective research and development activities in the pharmaceutical industry is also adding to the growth of the market in this region. The Asia Pacific region is estimated to be the swiftest growing flow cytometry market through the forecast period due to the growing prevalence of autoimmune diseases, growing awareness about healthcare and mounting investments and collaborative activities in healthcare in the region. The market in the Middle East & Africa region is projected to control the smallest share of the market owing to an underdeveloped healthcare sector, deficiency of technical knowledge, and poor medical facilities.

Competitive Analysis

The diversification of the product assortment in the market is increasing the opportunity for the progress of the market. The market is at an optimally productive level and will be capable of generating greater value for the firms in the market and its shareholders. The management inclinations in the market are reinforcing the level of growth that can be achieved in the present market scenario. Although, the market has also considerably neutralized the market advantages and thus is promoting an increase in the number of firms in the market. The progress paths are reviewed in tandem to the customer likings to realize the highest growth, and in the long run, viability. The skill to utilize the economies of scale is further proving to be beneficial for comprehensive market growth.  

The flow cytometry market players are Becton, Dickinson and Company., Beckman Coulter, Inc., Danaher., Thermo Fisher Scientific, Luminex Corporation., Miltenyi Biotec, Merck KGaA, Bio-Rad Laboratories, Inc., Sysmex Partec GmbH, Sony Corporation, Agilent Technologies, Inc., Biomérieux S.A., and Enzo Biochem Inc.

Segmental Analysis

The flow cytometry market outlook has been segmented on the basis of technology, products & services, application, and end-user. By products & services, the market has been segmented into flow cytometry reagents and consumables, services, software, instruments, and accessories. On the basis of technology, the market has been divided into bead-based flow cytometry and cell-based flow cytometry. The application segment of the flow cytometry market comprises of research applications, clinical applications, and industrial applications. The research applications segment has been segmented further segmented into biotechnology, pharmaceutical, and immunology. The flow cytometry by end user has been segmented into research institutes, hospitals and clinics, commercial, and academic institutes. The market has been segmented by region into Europe, the Americas, Asia Pacific, and the Middle East & Africa.

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Hair Removal Devices Market Outlook, Trends, Size and Forecast To 2032

Overview:

The Hair Removal Devices Market Share exhibiting a compound annual growth rate (CAGR) of 9.8% during the forecast period (2023 - 2032). Market Research Future (MRFR) considers several factors like fashion, sports, cultural practices, military, medical reasons, and others as prominent growth-inducing avenues for the market. The easy availability of these products through retail and e-commerce lines strongly denotes hair removal devices market trends and better awareness regarding the product can boost the market prospect.

Competitive Landscape:

The global hair removal devices market players growth can benefit substantially from various companies like

Sciton, Inc,

Alma Lasers, Ltd.,

Syneron Medical Ltd.,

Cutera Inc.,

Cynosure, Inc.,

Lynton Lasers Ltd,

Solta Medical Inc.,

Strata Skin Sciences, Inc.,

Lumenis Ltd,

Lutronic Corporation, and

Venus Concept Canada Corp.

These companies have done research works and have set their own growth policies to establish a strong outcome for themselves. The global market is slated to benefit from their mergers, acquisitions, collaborations, hike in research activities, better investment in research and development projects, and others are expected to steer the market towards innovations. MRFR recorded these recent moves to get their hands on various prospects in the coming days.

Segmentation:

MRFR’s analysis of the global hair removal devices market outlook leads to an in-depth segmentation of product and end-user. These segments have multiple inputs from various factors that help in gaining insights and developing better marketing strategies.

·        By products, the global market for hair removal devices can be segmented into laser devices, intense pulse light (IPL) devices, energy-based devices, and others. The laser devices segment includes Nd: YAG laser, diode laser, and alexandrite laser. The laser devices segment had the maximum market share in 2017 and it is getting more traction from wider acceptance of the devices. The product is also performing better than other devices.

·        By end-users, the global report on the hair removal devices market comprises beauty clinics, home use, dermatology clinics, and others. The beauty clinics segment had the largest market share in 2017 owing to its huge women customer base.

Regional Analysis:

The Americas is expected to make huge profit in the coming years in the hair removal devices market. This is primarily due to the high investment capacity, better disposable income standards, increasing launch of innovative products, and others. The US and Canada are performing better. In Europe, this growth would be backed by the growing sale in France, Germany, Italy, Spain, and the UK. In Asia Pacific, China, India, Japan, and South Korea are expected to boost the market traction. 

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Medical Robotics Market Share, Industry Growth Analysis, CAGR Status & Major Key Players

Market Overview

Acknowledging the potential, the market holds to increase in the years to come, Market Research Future (MRFR) in its recently published analysis asserts that the global medical robotics market share will witness a significant growth USD 52.41 billion by 2032 registering a whopping CAGR of 15.69% throughout the forecast period (2023 – 2032).

The global medical robotics market insight has been growing pervasively mainly due to the constant advancements in the medical robotics technology.  Operating machines remotely and performing surgeries meticulously, medical robotics technology,

 has been proven to be far more effective than other similar technologies of medical science. Resultantly, this technology is being used across the verticals of healthcare making a number of surgical procedures easier & successful. Moreover, the increasing number of urological, cardiothoracic, and general surgeries is escalating the market on the global platform.

Integration of augmented reality (AR) and artificial intelligence (AI) into medical robotics technology have further enabled medical robotics to reach par excellence, making cost-effective healthcare available. Simultaneously, the emergence of AR &AI has been supporting medical robotics to streamline operating theatres, making the surgical procedures efficient without leaving scope for human error at the same time saving a whole lot of time of healthcare staff.

Additional factors predominantly propelling the growth of the market include the augmenting demand for robotic surgeries and the prevalence of diseases & increasing cases of accidents. Furthermore, growing investments transpired into R&D activities are helping the market to create a significant revenue pocket in the global space, improving the technology further.

On the other hand, factors such as the latency issues occurred due to the embryonic stage of this technology such as the time lapses between the instructions physicians give to direct the controls and machines’ response which results in robots getting programmed incorrectly, are impeding the growth of the market.   Also, the intense training required before operating these robots (machines) which demands a significant amount of time, present challenges to the growth of the market, slowing down its uptake.

Moreover, the technology demands more advancement in terms of logistics for instance; once programmed, this robotics cannot change the course instantly, meaning, they offer no chance for the needed adjustments to take place during the surgery which is also a crucial factor. Nevertheless, advancements in technology which is expected in the nearing future will support the market to perceive mega accruals, ruling-out these issues.

Medical Robotics Market – Competitive Analysis

Highly competitive, the medical robotics market outlook appears to be fragmented owing to the presence of several well-established players. These players are focusing on optimizing situational awareness towards customers to ensure their mission success.  They seek market expansion through various strategic initiatives such as innovation, M&A, and increasingly invest in R&D to develop cost-effective product portfolio.  As they are aware that these investments are going to help them to expand their market presence

Major Players:

global medical robotics market players include Smith & Nephew Ltd. (UK), Stryker Corporation (US), ReWalk Robotics (Israel), Medtech SA (France), KUKA Roboter GmbH (Germany), Hocoma AG (Switzerland), Aethon Inc. (US), Mazor Robotics Ltd. (Israel), Intuitive Surgical, Inc. (US), Varian Medical System, Inc. (US), Titan Medical, Inc. (US), Intouch Health Technologies, Inc. (US), Medrobotics Corporation (US),  Kinova (US), Carefusion Inc.(US),   Ekso Bionics Holdings, Inc. (US), Myomo Inc. (US), Hansen Medical, Inc. (US), Transenterix, Inc. (US), ZOLL Medical Corp. (US), and Auroba Biomed Inc. (US) among others.

Global Medical Robotics Market – Segmentations

For ease of understanding, the market has been segmented into three key dynamics: -

By Product   : Various Accessories, Hospitals & Pharmacies (I.V. Robots, Pharmacy Robot, and others), Medical Surgical Robotic Systems (Neurosurgical Robotic Systems, Orthopaedic Robotic Systems, Laparoscopy Surgical Robotic Systems, and other), and Rehabilitation Services (Prosthetic Robots, Orthotics Robots, Assistive Robots, Therapeutic Robots, and other) among others.

By Application         : Cardiology, Neurology, Rehabilitation, and Laparoscopy among others.

By Regions               : North America, Asia Pacific, Europe, and the Rest-of-the-World.

Global Medical Robotics Market –Geographical Analysis

The North American region, heading with the huge number of technological advances leads the global medical robotics market, accounting for over 40% of the market share. Factors such as the augmenting demand for well-developed healthcare infrastructure and robot-assisted surgeries driven by the high healthcare expenditure drive the growth of the regional market.

The medical robotics market in the European region accounts for the second-largest market, globally. Favorable governmental support and initiatives are expected to help the market to grow extensively, registering a considerable CAGR throughout the forecast period. The proliferating healthcare sector led by the resurging economy is radiantly fostering the growth in the regional market.

The Asia Pacific medical robotics market has been rapidly emerging as a profitable market, globally. Factors such as the huge technological developments and the continually developing healthcare infrastructure that is led by the rapidly developing economy are expected to boost the growth of the regional market, allowing it to register a fabulous CAGR throughout the assessment period, proving more opportunities to the international players.

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Orthopedic Devices Market Share, Trends, Industry Analysis Report Forecast 2032

Market Overview

The global orthopedic devices market share is expected to reach a strong 6.5% CAGR over the forecast period from 2023 to 2032, according to the latest research report from Market Research Future (MRFR).

The global orthopedic devices market is mainly driven by the rising demand for technological upgradation in orthopedic devices, the rising prevalence of conditions requiring the use of orthopedic devices, such as osteoporosis, and the increasing growth prospects for the market in developing countries. Approximately 10 million U.S. citizens have osteoporosis, according to the National Osteoporosis Foundation, along with 44 million more with low bone density, which leaves them at a greater risk of osteoporosis and other bone disorders. Rising awareness about the disease and the effectiveness of orthopedic devices in correcting the problems caused by the disease is likely to be a major driver for the global orthopedic devices market over the forecast period.

Competitive Analysis:

Global Orthopedic Devices Market players include

         ·         DePuy Synthes Companies,

         ·         Medtronic,

         ·         Smith & Nephew plc,

         ·         Zimmer Inc.,

         ·         Stryker Corporation,

         ·         NuVasive Inc., and

         ·         Globus Medical Inc.

Industry Updates and Opportunities:

Strong technological advancement is also likely to further the cause of the global orthopedic devices market over the forecast period. Technological advancement in the global orthopedic devices market mainly focuses on making the devices lighter and more easily wearable, apart from bringing about innovations that help manufacture the devices at a cheaper price. 3D printing is likely to become more popular in the global orthopedic devices market over the forecast period, as it allows for precise manufacturing at relatively cheap costs.

Segmentation:

The global orthopedic devices market outlook is segmented on the basis of type, application, end use, and region.

By type, the global orthopedic devices market insights is segmented into spinal devices, bone repair, joint replacement, trauma fixation, consumables and disposables, and others.

By application, the global orthopedic devices market is segmented into spine, knee, foot and ankle, hip, trauma and extremities, and others.

By end use, the global orthopedic devices market is segmented into hospitals, ambulatory surgery centers, and medical research centers. Hospitals are likely to remain the leading revenue generator in the global orthopedic devices market over the forecast period.

Regional Analysis:

North America holds the largest market share in the global orthopedic device market, accounting for 39.6% of the market in 2016. The growing prevalence of osteoporosis and other bone conditions in North America has been a major driver for the orthopedic devices market in the region. The strong presence of the technological framework required to adopt 3D printing on a large scale is also likely to be a major driver for the orthopedic devices market in North America over the forecast period. 3D printing has been pioneered in North America and many major 3D printing manufacturers are located in the region. This is likely to further the cause of the orthopedic devices market in North America over the forecast period.

Europe is also a major regional market for orthopedic devices and is expected to experience strong growth over the forecast period due to the growing number of osteoporosis cases in the region. The Europe market for orthopedic devices is expected to reach a valuation of USD 19,467.6 million by 2023.

Asia Pacific is expected to exhibit the fastest growth over the forecast period due to the rising demand for advanced orthopedic devices to correct spinal and other bone-related conditions. The Asia Pacific market for orthopedic devices is expected to exhibit a strong 6.2% CAGR over the forecast period.

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Healthcare Data Storage Market Report by Major Manufacturers and Competitive landscape

 Market Analysis

The global healthcare data storage market share is projected to touch a 15.30% CAGR between 2023-2032, as per the recent Market Research Future (MRFR) report. Healthcare data storage, simply put, are software solutions that are utilized by diagnostic centers, clinics, and hospitals for storing patient data that can be used in the future. 

Numerous factors are adding to the global healthcare data storage market growth. These factors, according to the recent Market Research Future report, comprise increasing use of EMR and EHR, increasing support from the government, increasing collaborations between IT and healthcare companies, increasing demand for software for safe clinical data storage, and demand for storage solution. 

On the contrary, high training costs and high implementation cost of EHR and EMR, rising cyber-attacks, healthcare fraud, and data security concerns are factors that may deter the healthcare data storage market overview growth over the forecast period. 

Market Segmentation 

The Market Research Future report provides an all-inclusive segmental analysis of the global healthcare data storage market based on end user, storage system, type, architecture, application, and solution. 

By solution, the healthcare data storage market outlook is segmented into hybrid data storage, cloud, and on-premise. Of these, on-premise will lead the market during the forecast period. 

By application, the healthcare data storage market insights is segmented into operational analysis, financial analysis, and clinical analysis. Clinical analysis is again segmented into precision health, population health management, reporting and compliance, quality control, and clinical decision support. Financial analysis is again segmented into risk adjustment and assessment, claim processing, revenue cycle management, and others. Of these, clinical analysis will dominate the market during the forecast period for the increase in the number of diagnostic centers, clinics, and hospitals. 

By architecture, the healthcare data storage market trends is segmented into block storage, object storage, and file storage. Of these, the object storage segment will have the largest share in the market during the forecast period.

By type, the healthcare data storage market is segmented into magnetic storage and flash & solid-state storage. Magnetic storage is again segmented into magnetic tapes and magnetic disks. Of these, flash and solid-state storage will dominate the market during the forecast period. 

By storage system, the healthcare data storage market is segmented into direct-attached storage, network-attached storage, and storage area network. Of these, the storage area network will lead the market during the forecast period. 

By end user, the healthcare data storage market is segmented into contract manufacturing organizations, clinical/contract research organizations, pharmaceuticals and biotechnology, hospitals and clinics, and others. Among these hospitals and clinics will dominate the market during the forecast period. 

Key Players

Global healthcare data storage market players profiled in the report include Carestream Corporation (US), Nuance Communications, Inc (US), Western Digital (US), Hitachi (Japan), Pure Storage (US), Hewlett Packard Enterprise (HPE)(US), NetApp (US), IBM Corporation (US), Dell Inc. (US), and DataCore Software (US). Key players have incorporated several strategies to create a niche in the market, such as strategic alliances, mergers and acquisitions, collaborations, product developments, and others. 

Regional Analysis 

By region, the global healthcare data storage market report covers the latest trends and growth opportunities across the Americas, the Asia Pacific (APAC), Europe, and the Middle East and Africa (MEA). Of these, the Americas will command the largest share in the market during the forecast period for the use of innovative solutions by clinics and hospitals for maintaining patient data and the availability of the most up to date healthcare information technology solutions. 

The global healthcare data storage market in Europe will hold the second-largest share during the forecast period owing to the presence of several healthcare companies offering diagnostic and treatment products, thereby increasing the demand for IT solutions for healthcare data storage. Besides, the presence of a huge patient population suffering from arthritis, diabetes, and cancer is also boosting the market growth. 

The global healthcare data storage market in the APAC region is predicted to grow at the fastest pace over the forecast period for rapid technological developments and the presence of several developing countries, especially China, India, and Japan. 

The global healthcare data storage market in the MEA will have steady growth during the forecast period for growing technological advances and developing healthcare infrastructure. 

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Vaccine Conjugates Market Trends By Type; Region; Segmentation to Forecast 2030

Global Vaccine Conjugates Market Overview

Conjugate vaccines are developed through a covalent bond between a weak antigen and a strong antigen. This boosts the immune response of the host towards various diseases. Conjugate vaccines are germ specific and are capable of identifying just the targeted germs and bacteria, making them usable as a preventive measure to provide additional protection.

The global Vaccine Conjugates Market Trends is anticipated to register a 15.2% CAGR over the forecast period of 2022-2030. Various factors attributable to such growth include a rising occurrence of diseases caused by various microorganisms and bacteria. Further, a mounting awareness towards the prevention and avoidance of infectious diseases is driving the global vaccine conjugates market to a great extent. An increasing number of regulatory approvals to a rising number of vaccines is expected to ascend the global vaccine conjugates market by 2030.

However, complex manufacturing procedures and low accessibility of vaccines to rural and remote areas are anticipated to hinder growth in the global vaccine conjugates market. Moreover, recent incidents of fraud and malpractice of top vaccine manufacturers are assessed to refrain the market from augmenting during the forecast period. For instance, in July 2018, a Chinese vaccine manufacturer was found guilty of fabricating its manufacturing records and faced legal consequences.

Key Players

The report by MRFR on global vaccine conjugates market players are including

GlaxoSmithKline plc (U.K.),

Pfizer, Inc. (U.S.),

Merck & Co., Inc. (U.S.),

Sanofi Pasteur SA (France),

CSL Limited (Australia),

Emergent BioSolutions, Inc. (U.S.),

Johnson & Johnson (U.S.),

Medimmune, LLC (U.S.),

Astellas Pharma Inc. (Japan),

Serum Institute of India (India),

Bavarian Nordic (Denmark),

Mitsubishi Tanabe Pharma Corporation (Japan),

Daiichi Sankyo Company,

Limited (Japan),

Fablife. (India),

SutroVax Inc. (U.S), and

Sinovac Biotech Ltd. (China).

Detailed Regional Analysis

The global vaccine conjugates market insights is segmented into the regions of the Americas, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, the Americas are expected to spearhead the global vaccine conjugates market during the forecast period. This market command can be accredited to the rising prevalence of infectious diseases and increasing awareness of vaccination. Further, technological advancements and rising government initiatives towards the encouragement of vaccination programs are contributing to the heavy ascension of the vaccine conjugates market. The Centers for Disease Control (CDC) has mentioned that vaccination has proven as the best medium towards the prevention of diseases and has reduced the impact of various life-threatening diseases.

On the other hand, Europe’s vaccine conjugates market is highly driven by extensive research and development activities in the fields of biotechnology and vaccine conjugates within various countries in the region. The vaccine conjugates market in the region is expected to register faster growth and is anticipated to follow the Americas. Owing to the rising demand for genetically modified organisms, the market in Europe is showcasing huge growth potential during the forecast period.

Asia Pacific is anticipated to grow at a steady rate for vaccine conjugates during the forecast period. This can be owed to a growing prevalence of geriatric population and the prevalence of infectious diseases. Countries such as Singapore, India, China, and Japan are projected to showcase extraordinary growth opportunities for vaccine conjugate providers during the forthcoming years. Medical institutes in Asia Pacific are primarily focusing on the use of vaccine conjugates and numerous research and development activities over for the same.

Market Segmentation

The global vaccine conjugates market research is studied by Market Research Future (MRFR) for various segments. This segmentation is carried out by type, disease indication, patient stage, pathogen type, end-user, and region.

·        Based on type, the vaccine conjugates market is segmented into multivalent conjugate vaccines and monovalent conjugate vaccines.

·        On the basis of disease indication, the vaccine conjugates market is segmented into influenza, DTP, pneumococcal, and meningococcal.

·        Based on pathogen type, the vaccine conjugates market is segmented into bacterial conjugate vaccine, viral conjugate vaccine, and combination conjugate vaccine.

·        Based on patient stage, the vaccine conjugates market is segmented into adults conjugate vaccine and pediatrics conjugate vaccine.

·        Based on end-user, the vaccine conjugates market has been segmented into academic institutes, research institutes, and pharmaceutical industries.

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Capillary Blood Collection Devices Market Report Presents an Overall Analysis, Development Trends, Driving Forces, Opportunities

Market Summery

Acknowledging the impressive growth records, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the global Capillary Blood Collection Devices market share will register a staggering CAGR of 6.20% from 2022-2030, witnessing the accruals of approx. 790 Mn. USD by 2030.

Capillary Blood Collection Devices, the equipment used to collect the blood samplings for diagnosis and test purposes are integral to obtain high-quality clinical results. These devices are vastly preferred among clinicians and patients due to its simple and painless blood collection technique. 

Growing prevalence of chronic diseases and disorders such as vascular, diabetes, and heart diseases drive the market growth, increasing the demand for diagnosis and the uptake of these devices.  Resultantly, the global capillary blood collection devices market report is garnering huge traction, growing pervasively.

Undoubtedly, technological advancements transpired in the field of medical devices as a foray to bring more innovations in these devices are boosting the market growth, escalating the market to the exceeding heights.

Conversely, high prices of these devices is a predominant factor impeding the market growth. Also, the risk associated with the blood collection techniques and contaminations are hampering the market growth of the capillary blood collection devices market. Nevertheless, recent betterments taken place in these devices as a result of forays of the market players are increasing the demand for these devices by the physicians and patients, contributing to the market growth to a great extent, in turn.

Capillary Blood Collection Devices Market – Segments

The MRFR analysis is segmented into four key dynamics for the convenience of the report and enhanced understanding;

By Material     s                      : Comprises Glass, Plastic, and Stainless Steel, among others.

By Types of Devices   : Warming Devices, Blood Collecting Tubes & Collector, and Lancets, among others.

By End-Users              : Hospitals, Clinics, Diagnostic Centers, Home Diagnostics, and Pathology Laboratories, among others.

By Regions                              :  North America,   Europe, APAC and Rest-of-the-World.

The Plastic segment by the materials is projected to acquire 42.3% of the market share which will be the largest share. The segment will register 10.4% CAGR during the review period 2017–2023.

The Blood Collecting Tubes and Collector segment is expected to acquire 48.4% of the market share over the review period which will be the largest share based on the types of devices

The Lancets Segment is projected to grow at a CAGR of 10.4% between 2017–2023.

Capillary Blood Collection Devices Market – Regional Analysis

North America Capillary Blood Collection Devices market overview backed by the presence of well-established players & investments, accounts for the leading market, globally, holding the largest market share. Companies involved in the manufacturing of these devices are well capable of delivering a range of customized solutions. Furthermore, augmented uptake of software solutions for healthcare administration and availability of complimenting resources drive the market growth in the region.

Factors substantiating the market growth include growing number of patients suffering from chronic diseases & disorders that consecutively augments the demand for diagnosis, increasing demand for technologically advanced diagnosis and treatment, rising government support and high per capita health care expenditures in the region. The market value is estimated to settle at US$ 292.96 Mn. by 2023.

The Europe market stands the second largest market for capillary blood collection devices, globally, owing to the technological advancement and the augmented adoption of these devices among the healthcare providers mainly in the UK, Germany, and France coupled with the resurging economy in the region which is improving the consumers’ quality of life by increasing their purchasing power.  

The market is expected to demonstrate a healthy growth during the forecast period owing to the factors such as public & private funding for R&D, the presence of leading market players and increasing prevalence of diabetes, in the region. 

Additional factors such as the availability of advent & advanced treatment facilities & healthcare expenditures along with the growing demand for better healthcare infrastructure are fuelling the market growth in the region.  Also, factors such as the ever increasing population that is increasingly adopting the sedentary lifestyle are driving the growth of the Europe market.

The Asia Pacific market stands the third position emerging as one of the promising markets for Capillary Blood Collection Devices. Factors such as, availability of new diagnosis and treatment methods, increasing prevalence of chronic diseases like diabetes and the growing population that is increasingly gaining awareness towards the benefits of health management, foster the market growth in the region.  The APAC market is estimated to grow at 10.6% CAGR during 2017–2023.

The Middle East & Africa region, on the other hand, is expected to experience a plateau phase in the growth primarily due to the African market where lack of awareness, limited access and availability of treatment facilities are some of the factors responsible for the restricted growth. While the Middle East region is expected to a steady growth owing to the well-developed healthcare sector that is increasingly availing specialty care centers. UAE among other MEA countries draws the largest market share in the region.

Capillary Blood Collection Devices Market – Competitive Landscape

The global market appears to be highly competitive and diversified with the presence of giant manufacturers of the devices, playing on the global level. These players are heavily investing in R&D, global expansion, advanced technologies and product Launch to gain the competitive edge in the market. 

Key Players:

Capillary blood collection devices market players include – Danaher Corporation, Abbott Laboratories, F. Hoffmann-La Roche AG, Becton Dickinson and Company, Medtronic Plc., Novo Nordisk A S, Thermo Fisher Scientific Inc., Terumo Corporation, B. Braun Melsungen AG, HTL-STREFA S.A., Sarstedt AG & Co, Ypsomed Holding AG, Greiner Bio-One, Owen Mumford Ltd., Improve Medical, Nipro, Chengdu Rich Science Industry Co., Ltd., Weigao Group, Weihai Hongyu Medical Devices, and Medigard. Profiling them in its analysis, MRFR finds out their strategies keeping them ahead in the market competition.

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