Endoprosthesis Market Players Analysis, Overview, Demand And Growth Rate

 

Market Highlights

The Endoprosthesis Market Research evaluated at USD 9.2 billion in 2022 and is expected to cross USD 23918 billion by 2032 at a CAGR of 11.20% during the forecast period 2023-2032. Endoprosthesis is a surgery that involves using an implant to replace a joint in the body that has lost functionality due to damage or disease, in part or whole. Degenerative joint disease, fractures, and malignancies are all common markers for endoprosthesis use. The growth of the global Endoprosthesis is driven by factors such as the increasing prevalence of osteoarthritis among the geriatric population, technological advancements in endoprosthesis devices enabling effective treatment, and increasing awareness among the population. However, adverse effects and high costs associated with endoprosthesis are likely to restrain the market growth.

endoprosthesis definition: a medical device that replaces a damaged or missing body part within the body.

Endoprosthesis Market Overview

Endoprosthesis Market Overview are Information By Product (Knee, Hip, Shoulder, Elbow, Finger/Hand, Ankle/Foot), By Knee (Primary, Partial, Revision Knee Replacement, Tumor, Custom Made), By Hip (Primary, Partial, Revision Hip Replacement, Tumor, Custom Made), By Shoulder (Primary, Revision Shoulder Replacement, Tumor, Custom Made),By Elbow (Total Elbow, Radial Head Replacement, Tumor, Custom Made), By Finger/Hand (Total Wrist, PIP Finger, MCP Finger Prosthesis), By Ankle/Foot (Total Ankle Great Toe Implant)

Key Players—

Endoprosthesis Market Players areJohnson & Johnson Services, Inc.(US), Zimmer Biomet Holdings Inc.(US), Stryker(US), Smith & Nephew(UK), Corin Ltd (UK), MedactaInter national SA (Switzerland), Exactech, Inc.(US), MicroPortOrthopedics, Inc.(US), Baumer S.A. (Switzerland), and B. Braun Melsungen AG (Germany).

MRFR recognizes the following companies as the key players in the global Endoprosthesis

Segment Analysis

The global endoprosthesis market insights is segmented into products, further categorized into the knee, hip, shoulder, elbow, finger/hand, and ankle/foot endoprosthesis products. The knee, hip, and shoulder segments are further segmented into primary replacement, partial replacement, custom-made replacements, revision replacement, and tumor. The elbow segment is categorized into total elbow replacement, radial head replacement, tumor, and custom-made replacements. The finger/hand segment is segmented into the total wrist, PIP, and MCP finger prosthesis. Lastly, the ankle/foot segment is categorized into the total ankle and great toe implant segments.

Regional Analysis

The global Endoprosthesis Market Report, based on region, has been divided into North America, South America, Europe, Asia-Pacific, and the Middle East & Africa.

The North American market accounted for the largest share of 29.57% in 2020 and is expected to increase at a CAGR of 11.26% during the forecast period. This is due to the rise in prevalence of knee & hip osteoarthritis among the geriatric population, the presence of key players and lifestyle diseases, technological developments in healthcare applications, and increasing adoption of technically advanced healthcare products.

The South American market held a market share of 14.6% in 2020 and is expected to register a CAGR of 10.38%. Factors like inexpensive treatments, a rise in musculoskeletal diseases, and an increasing geriatric population will drive the market in the forecast period.

Europe accounted for a market share of 24.59% in 2020 and is expected to exhibit a CAGR of 12.41% during the forecast period. Factors such as the increase in the prevalence of joint disorders, improved healthcare infrastructure in the region, the rising geriatric population, and growing awareness about the use of prosthetics in orthopedic injuries are propelling the regional market growth. For instance, according to the Eurostat data published in 2020, 90.4 million older people aged 65 and above were living in the EU-27 in 2019.

Asia-Pacific is expected to register the highest growth rate over the forecast period from 2021to 2027 at a CAGR of 12.78%. Factors like the growing incidence of osteoarthritis and a booming aging population are projected to boost the market growth in the region over the forecast period. In addition, growing expenditure on healthcare infrastructure and rising affordability of the surgery are likely to drive the region’s market growth.

The Middle East & Africa region accounted for a market share of 10.93% in 2020. It is expected to have a CAGR of 9.66% in the forecast period. The market growth is less due to slowly improving economies. However, factors like the growing aging population and improving healthcare infrastructure will drive the growth of the endoprosthesis market.

Key Findings of the Study

·        The global endoprosthesis market is estimated to reach USD 45,134.19 million by 2027 at a CAGR of 11.58% during the assessment period of 2021to 2027.

·        North America will hold the largest share of the global endoprosthesis market during the forecast period due to prominent US players, rising arthritis cases, and technological developments in healthcare infrastructure.

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E-Prescribing Systems Market Players, Regional Analysis, Future Development by 2030

 

Market Scenario

Market Research Future (MRFR), in its latest “E-Prescribing Systems Market” report, reveals various factors that are expected to write various factors that can control the growth course of the market. MRFR finding states that the global e-prescribe systems market size is projected to reach USD 1.76 billion by 2030 at 23.4% CAGR during the forecast period 2022-2030. The surge in need for providing better quality patient care is expected prompt the e-prescribing systems market size to increase. Practitioners and pharmacists are being highly benefitted by electronic prescription, which can promote the growth of the e-prescribing systems global market in the years to come. E-prescribing technology improves patient safety and enable easy access to patient medical history that can benefit in the correct choice for treatment regime. Thus, it can be concluded that the market of e-prescribing can thrive in coming years. In addition, increase in incentive programs launched by global governments to improve healthcare quality, cut healthcare expenses, and reduce prescription inaccuracies are causing surge in the adoption of e-prescription systems.

Key Players                                                                                                        

Global e-prescribing systems market players are; Cerner Corporation, Aprima, Practice Fusion, Inc., eClinicalWorks, Surescripts, Allscripts, eMDs, Inc., Athena health Inc., iMedX Inc., and Henry Schein e-prescribe. Competitiveness among prominent players of the market can favor the global e-prescribing systems market to earn considerable turnover. MRFR report can assist key players to design strategies that can allow them to stay ahead of the progress curve.

Segmental Study

The e-prescribing systems market study can be segmented by mode of delivery, system type, end users, and component. Segmental insights of the e-prescription systems market can assist venture capitalist to discern areas for investment to yield substantial revenue. 

The system type-based segments of the market are integrated system and stand-alone system. The integrated system segment can win considerable profits for the e-prescription systems global market.

The mode of delivery-based segments of the market are web-based, cloud-based, and on-premise. Cloud-based e-prescription systems are likely to gain popularity in years to come, which can boost the market growth.

The component-based segments of the market are software, services, and hardware. Marketers are investing in the development of effective and smart e-prescription software.

The end user-based segments of the market are clinics, hospitals, and pharmacy. The immense benefits offered by e-prescriptions to its end-users can favor the market.

Regional Analysis

North America e-prescription systems market insights can secure the pole position globally. In the US, the surge in initiatives and funding by the government body can authorize the availability of potential scope of the e-prescribing systems market to surge. The availability of modern technical infrastructure can spur the expansion of the regional market.

Europe e-prescription systems market health to improve in the years to come. EU market can be benefitted by the rise in healthcare based projects and the availability of robust healthcare networks. The need to curb healthcare expenditure and the existence of medical infrastructure empowered with latest medical technologies are other driver of the EU e-prescribing systems market.

Asia Pacific e-prescribing systems market growth is likely to be expedited due to rise in the number of healthcare organizations, developing healthcare programmes, and launch of projects that can enhance patient safety and care. The growing inclination towards digitization to eliminate frauds and human errors, increase in healthcare expenditure, and the adoption for latest technologies can fuel the market growth.

The MEA e-prescribing systems market is expected for a slow growth through the study period. Lack of awareness about patient management software and limited access to modern treatment facilities can hinder the regional market growth.

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Smart Pills Market Players, Outlook, Trends & Size by 2032

Market summery

Market Research Future (MRFR's) study on the global smart pills market size is projected to grow USD 2.01 billion by 2032 at a CAGR of 15.9% over the forecast period of 2023-2032

Amidst cut-throat competition, reimbursement issues, and expiry of blockbuster patent drugs, there is immense pressure on the healthcare sector to innovate diagnosis solutions. This has provided fuel for the advancement and commercialization of the smart pill technology which has been there for decades.

Smart pills are aligned with smart pills such as greater flexibility, precise delivery, real-time measurements, and monitoring of GI tract, and controlled operation or performance have acted as factors which can be employed to great advantage in drug development. They have several important applications, especially in diagnosis.

With the surge in the occurrence of chronic diseases, especially gastrointestinal diseases, smart pills are increasingly emerging as an effective method of endoscopy. Lifestyle diseases such as gastroesophageal reflux disease (GERD), obesity, and gastric ulcers are on the rise due to rapid lifestyle changes and unhealthy eating habits. This has induced high demand for on-site diagnosis, and, in turn, drive the market for smart pills. Surging prevalence of colon cancer is a key factor which is motivating the growth of the smart pills market.

Smart pills have been a breakthrough in gastrointestinal tract diagnosis and are set to replace conventional methods of diagnosis such as colonoscopy and endoscopy. Capsule endoscopy has cropped up as an effective method to perform endoscopy which is non-invasive and causes very little discomfort. Increasing consumer preference for minimally invasive medical procedures is likely to induce greater demand within the smart pills market.

Application of smart pills in monitoring pH, temperature, pressure, and drug adherence are further expected to catapult the growth of the market. Considerable research in the field of smart pills purveyed by heavy investments is also favoring the growth of the market. Other factors fostering market growth include conducive reimbursement landscape and increasing geriatric population. On the other hand, the market growth is restricted by factors such as regulatory restrictions and high costs of smart pills.

Competitive Landscape

Global smart pills market players are CapsoVision, Inc., Proteus Digital Health, Inc., JINSHAN Science & Technology, MEDTRONIC, Check-Cap, BDD Limited, Olympus Corporation, PENTAX Medical, FUJIFILM Holdings Corporation, MEDISAFE, INTROMEDIC, and RF Co., Ltd. are the notable players in the global smart pills market.

Segmentation

The global smart pills market has been segmented based on application, target area, disease indication, and end user.

 

By application, the smart pills market has been segmented into capsule endoscopy, drug delivery, patient monitoring, and others. The capsule endoscopy segment has been further segmented into small bowel capsule endoscopy, controllable capsule endoscopy, colon capsule endoscopy, and others. The patient monitoring segment has been further segmented into capsule pH monitoring and others.

By target area, the smart pills market has been segmented into esophagus, small intestine, large intestine, and stomach.

By disease indication, the smart pills market has been segmented into esophageal diseases, small bowel disases, colon diseases, and others.

By end user, the smart pills market has been segmented into hospitals, diagnostic center, and research institute.

Regional Analysis

By region, the smart pills market insights has been segmented into the Americas, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).

Conducive reimbursement scenario, the surging prevalence of chronic diseases, a nd fast uptake of advanced technology are the factors supporting the growth of the market in the region. The Americas account for the foremost share of the smart pills market.

Europe follows the Americas closely and accounts for the second most significant share of the smart pills market. Robust healthcare infrastructure, the high incidence rate of lifestyle-related diseases such as obesity, gastroesophageal reflux disease (GERD), and gastric ulcers have generated high demand for smart pills in the region. Moreover, European countries invest heavily in healthcare which acts as a plus for the growth of the market.

The APAC market is poised to perform relatively well and emerge as the fastest-growing market for smart pills. Percolation of advanced healthcare technologies in the region coupled with high healthcare expenditure in the developing countries of the region favors the growth of the market. Besides, increase in geriatric population and prevalence of various chronic diseases contribute to the growth of the market.

The minimum share of the smart pills market is held by MEA. Lack of knowledge, low healthcare penetration, and poor economic conditions, especially in the African region is hindering the growth of the market.

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Cell Culture Media Market Insights Growth During the Forecast Period

Cell Culture Media Market Overview:

The global cell culture media market size is projected to reach at a 14.21% CAGR during the forecast period 2023-2032. Over that period, it can also scale and surpass a valuation of USD 1290.1 million, reveals Market Research Future (MRFR). Cell culture media market is having a great run in the biotechnological sector owing to its prevalent use in the growth of microorganisms, cell lines, and cells. Available either in liquid or in gel form, the medium contains amino acids, inorganic salts, vitamins, glucose, serum, and other vital nutrients. However, the traction it is getting is mostly from the healthcare sector where it is often used to develop vaccines. The report includes detailed segmental analysis and description of factors that can impact the market the most. The keen interest shown by the biotechnological firms in studying plants and animals to develop drugs can be considered as a major factor. In healthcare, the demand for the customized drug is getting stronger by day which can spark further researches. In addition, it is the interest shown by governments that is influencing the market considerably.

On reverso, the cell culture media market can face certain blows owing to the considerable investment associated with it. The process incurs a massive cost which prevents smaller economies from participating in such researches. However, the growing involvement of India and China is saving the day. These two regions have relatively less workforce and establishment cost, which is making them alluring in the eyes of market titans who are now expanding their business in the region.

Cell Culture Media Market Competitive Analysis:

Cell culture media market players are HiMedia Laboratories (India), Thermo Fisher Scientific (U.S.), BD Biosciences (U.S.), Lonza (Switzerland), Corning Incorporated (U.S.), Merck KGaA (Germany), and GE Healthcare (U.S.).

CN Bio has developed a 3D cell culture system, PhysioMimix that allows researchers to set up assays and obtain results in faster. The process would allow scientists to mimic the structure and function of human organs for experiments.

Cell Culture Media Market Segmental Analysis:

The cell culture media market, for better comprehension and predictive analysis, can be segmented by type, application, and end-user.

Based on type, the cell culture media market can be segmented into classical media, chemically defined media, protein-free media, lysogeny broth,serum-free media, and custom media. Lysogeny broth rules the market with 22.5% of the global share. Meanwhile, chemically defined media is touted to clock the fastest CAGR of 9.6% during the forecast period.

Based on application, the cell culture media market includes tissue engineering & biochemistry, cancer research, toxicity testing, drug discovery and drug development, genetic engineering, and stem cell research. With 23.8% of the total market share, drug discovery and drug development segment is treading ahead smoothly.

By end-users, the cell culture media market comprises research laboratories, academic institutes, biotechnology & pharmaceutical companies, and pathology labs. Biotechnology & pharmaceutical companies are leading the market at present with a worth of USD 386.5 million in 2016.

Cell Culture Media Market Regional Analysis:

Based on regional expansion, the cell culture media market insights includes the Americas, Asia Pacific (APAC), Europe, and the Middle East and Africa (MEA).

The Americas has the biggest market, and this can be attributed to their superlative infrastructure, technological brilliance, and eagerness to integrate the latest developments in practice. The considerable patient pool in the region is also providing traction to the market growth. 

Europe is following the lead with great gusto. Increasing investment from the governments is helping the researchers plan accordingly, and the market is growing in sync with them. At the same time, the APAC region is doing a commendable job.  The market titans are engaging themselves in a battle over the APAC market as the region has a less infrastructural cost which makes it easier for others to settle in and do business. 

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Microelectronic Medical Implants Market Players, Business Development, Share, Upcoming Trends by 2030

Market Scenario:

The global Microelectronic Medical Implants Market Insights is expected to grow at a CAGR of 11.5% over the forecast period of 2022-2030, reveals a research report published by Market Research Future (MRFR). The market has observed rapid growth on account of rising prevalence of cardiac disorders such as cardiac arrest, heart failure, artery diseases, stroke. Such cardiac diseases accelerate the demand for medical implants such as Pacemakers, Defibrillators, and Neurostimulators which positively impact the market growth. Growth in incidences of other chronic diseases such as epilepsy and Parkinson's disease also add to market growth. The rise in the geriatric population who are more likely to acquire such diseases also propel the growth of the market.

Competitive Landscape

The global microelectronic medical implants market players are highly competitive and is characterized by the presence of many established players. The key players functioning in the market include

Abiomed Inc,

Cyberonics Inc.,

Medtronic Inc.,

Neuropace Inc.,

St. Jude Medical Inc.,

Biomet Inc.,

Envoy Medical,

Microsemi Corporation.,

Retina Implant AG,

Worldheart Corporation and

others.

The key players are implementing various strategies such as partnership, mergers, acquisition, product launches to sustain their position in the market.

Regional Analysis

The key markets of the global microelectronic medical implants market include North America, Europe, Asia Pacific and the Middle East & Africa. North America accounts for the largest share of the market owing to favorable government policies and growing incidences of cardiac diseases in the region and is expected to grow at a CAGR of 8.7% over the forecast period. Europe follows North America closely and is expected to grow at a CAGR of 8.9% over the forecast period. Asia Pacific is slated to emerge as the fastest growing market owing to the growing healthcare sector and increased medical expenditure in the region. Moreover, the region has a large patient pool which provides growth opportunities in the future.

Segmentation

The global microelectronic medical implants market has been segmented based on product and application.

By product, the market has been segmented into neurostimulators, drug infusion pumps, and others.

By application, the market has been segmented into pacemakers, defibrillators, neurostimulators, spinal fusion stimulators, implantable drug pumps, hearing implants, eye implants, ocular implants and others.

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Migraine Market Share, Leading Players and Demand Forecast Report 2030

 Migraine Drugs Market Highlights

The global migraine market witnesses rising growth. The continual growth attributes to the increasing prevalence of the condition worldwide. The pain and symptoms associated with this debilitating and recurrent, chronic neurologic disease severely impact the quality of life of sufferers.  Chronic migraine disorder can result in extruding pain and sleep-less nights, further leading to various health complications. The migraine market is a well-developed space with the availability of many novel medicines and therapies to treat symptoms of the condition. 

The availability of various innovative, effective treatments is a key driving force influencing market growth significantly. According to Market Research Future (MRFR), the Migraine Market Share is projected to reach USD 2.2 billion by 2030 at CAGR of 3.10% during the forecast period 2022-2030.  In its recently published market forecast, MRFR also asserts that the market would grow at a moderate CAGR throughout the forecast period (2022– 2030). The availability of therapeutic medicines is fuelling market growth, providing growth opportunities to the market.

Substantial investments made in the R&D for the development of breakthrough drugs and therapeutics are influencing the market growth. Additionally, spreading awareness about the availability of migraine treatments, changing lifestyles, and increasing occurrences of the condition among the growing population substantiates the market growth. Simultaneously, improving economic conditions provides impetus to market growth, enabling access to quality care worldwide.

Moreover, technological advancements transpired in medical science led by substantial investments foster the growth of the market excellently, bringing about innovative medical devices, therapeutics, and medicines. On the other hand, large unmet medical needs and drug resistance cases hamper market growth.

Also, high costs associated with the treatments are anticipated to impede market growth. Nevertheless, technological advancements transpired in health care would support the growth of the market, presenting more advanced and cost-effective treatments.

Global Migraine Market   - Competitive Analysis

The Migraine market outlook appears to be fiercely competitive and fragmented due to the presence of several well-established players. They alongside, the new entrants, form a completive landscape in the market. They incorporate strategic initiatives such as collaboration, mergers & acquisitions, expansion, and technology launch. Substantial investments are transpired in clinical trials and the development of effective drugs. 

Major Players:

The Migraine market Players are Impax Laboratories, Allergan, Abbott Laboratories, Inc., Eli Lilly and Company, Eisai Inc., Pfizer, Inc., Klaria, Johnson & Johnson, Kowa Pharmaceuticals America, Meda, Merck, Luitpold Pharmaceuticals, OptiNose, GlaxoSmithKline plc, and AstraZeneca plc, among others. 

Global Migraine Market – Segmentations

The report is segmented into four market dynamics to widen the scope of understanding,

By Types                               : Episodic and Chronic.

By Treatment Type  : Preventive and Abortive.

By Drug Class                       : Triptans and Ergots, among others.

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

Global Migraine Market - Regional Analysis

North America heads the global Migraine market with the largest market share. Favorable reimbursement scenarios and high healthcare expenditures are key driving forces behind the regional market growth. Also, the wide uptake of new technologies in the treatment of migraines drives the growth of the market substantially. The US, heading with its well-developed Migraine treatment market, accounts for the largest share in the regional market.  

Europe stands the second-leading position in the global Migraine market. The increasing prevalence of the condition drives market growth. Besides, the resurging economy acts as a tailwind to the regional market growth, availing many novel treatments and drugs. The European Migraine treatment market is expected to grow at a considerable CAGR.

The Asia Pacific Migraine market is estimated to emerge as the fastest-growing market from 2018 to 2023. China and India predominantly lead the APAC migraine market, heading with the vast population and the availability of cost-competitive therapeutics.

Moreover, the proliferating healthcare sector, coupled with large unmet needs in the region, would provide impetus to the regional market over the assessment period. Besides, Vietnam, Thailand, and Malaysia, among other Southeast Asian countries, are projected to contribute significantly to the regional market growth.

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Microelectronic Medical Implants Market Report: Regional Data Analysis By Revenue, Price And Gross Margin

Market Scenario:

The global Microelectronic Medical Implants Market Overview is expected to grow at a CAGR of 11.5% over the forecast period of 2022-2030, reveals a research report published by Market Research Future (MRFR). The market has observed rapid growth on account of rising prevalence of cardiac disorders such as cardiac arrest, heart failure, artery diseases, stroke. Such cardiac diseases accelerate the demand for medical implants such as Pacemakers, Defibrillators, and Neurostimulators which positively impact the market growth. Growth in incidences of other chronic diseases such as epilepsy and Parkinson's disease also add to market growth. The rise in the geriatric population who are more likely to acquire such diseases also propel the growth of the market.

Competitive Landscape

The global microelectronic medical implants market players are highly competitive and is characterized by the presence of many established players. The key players functioning in the market include

Abiomed Inc,

Cyberonics Inc.,

Medtronic Inc.,

Neuropace Inc.,

St. Jude Medical Inc.,

Biomet Inc.,

Envoy Medical,

Microsemi Corporation.,

Retina Implant AG,

Worldheart Corporation and

others.

The key players are implementing various strategies such as partnership, mergers, acquisition, product launches to sustain their position in the market.

Segmentation

The global microelectronic medical implants market report has been segmented based on product and application.

By product, the market has been segmented into neurostimulators, drug infusion pumps, and others.

By application, the market has been segmented into pacemakers, defibrillators, neurostimulators, spinal fusion stimulators, implantable drug pumps, hearing implants, eye implants, ocular implants and others.

Regional Analysis

The key markets of the global microelectronic medical implants market include North America, Europe, Asia Pacific and the Middle East & Africa. North America accounts for the largest share of the market owing to favorable government policies and growing incidences of cardiac diseases in the region and is expected to grow at a CAGR of 8.7% over the forecast period. Europe follows North America closely and is expected to grow at a CAGR of 8.9% over the forecast period. Asia Pacific is slated to emerge as the fastest growing market owing to the growing healthcare sector and increased medical expenditure in the region. Moreover, the region has a large patient pool which provides growth opportunities in the future.

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Market Research Future (MRFR) enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

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