Thursday, December 28, 2023

Microsurgery Market Report Study, Competitive Strategies and Forecast 2030

Market Analysis

The global microsurgery market share is expected to touch USD 1.9 billion by 2030 at a prodigious 7.10% CAGR over the predicted years 2022-2030. Microsurgery is an immensely developing discipline of surgery which deals with surgeries associated to small structures namely nerves and blood vessels. Regardless of its comparatively recent advent, microsurgery has created a niche in different domains of surgery within a brief time period. Be it in the domain of reconstructive surgery, plastic surgery, ophthalmic surgery, orthopedic surgery, pediatric surgery, neurosurgery or vascular surgery, microsurgery is gaining immense recognition everywhere. The principles of this surgery rests on three key components- instruments, illumination and magnification. All these components should have a proper coordination for optimal results.

There are many factors that is fueling the growth of the microsurgery market report. The different market trends and factors in this market according to an analysis performed by Market Research Future (MRFR) include rising geriatric population, advancements in technology, rising existence of chronic diseases such as periodontal diseases, dental caries, cancer, arthritis, cataract and others, growing demand for improved treatment of diseases, increasing popularity of cosmetic and aesthetic surgeries and growing demand for surgeries that are minimally invasive. On the contrary factors such as lack of trained experts, complexities resulting from a person’s anatomical condition and soaring cost of surgeries are anticipated to hinder the growth of the microsurgery market.

Regional Analysis

Based on region, the microsurgery market overview covers growth opportunities and latest trends across North America, Europe, Asia Pacific and the Middle East and Africa. Of these, North America will be the driving force in the microsurgery market over the predicted years. The factors that can be attributed to the growth of the market in this region include growing prevalence of cancer, arthritis, cataracts and periodontal diseases, presence of healthcare infrastructure that is well-developed and rapid technological advancement. In Asia Pacific region the microsurgery market is anticipated to grow at the fastest pace at a striking 6.91% CAGR over the predicted years. The different factors that are contributing towards the fastest growth of this market in this region include need for surgical treatment procedures that are minimally invasive, high healthcare expenditure and increasing geriatric population.

Key Players

Global microsurgery market players leading industry are include Halma Plc, AROSurgical Instruments, Microline Surgical, Tisurg Medical Instruments Co., Ltd., Peter Lazic GmbH, Microsurgery Instruments, Inc., Carl Zeiss Meditec AG, Medtronic Plc, Zimmer Biomet Holdings, Alcon (Novartis), Smith & Nephew, Stryker Corporation, Ethicon Inc., Synovis Micro Companies Alliance, Inc., a B. Braun Company, and S&T AG, Aesculap, Inc.

Market Segmentation

In the Market Research Future (MRFR) report, the microsurgery market has been segmented on the basis of procedure, equipment, application and end-user.

Based on procedure, it is segmented into vascular anastomoses, free flap tissue transfer, replantation and transplantation. Of these, the transplantation segment has the maximum market share followed by the replantation segment that is experiencing the fastest growth.

Based on application, the microsurgery market trends is segmented into maxillofacial surgery, oral surgery, neurosurgery, gynecological surgery, plastic surgery, ophthalmology, general surgery and others. Of these, general surgery is expected to have the maximum share in the microsurgery market followed by neurosurgery that is expected to have the fastest growth during the predicted years.

Based on equipment, it is segmented into suture materials, microsurgical instruments, microscopes and others. Of these, the microsurgical instruments will lead the market followed by microscopes that is anticipated to have the fastest growth.

Based on end-user, the microsurgery market is segmented into research organizations, ambulatory surgical centers, hospitals and clinics. Of these, the ambulatory surgical segment is likely to have the fastest growth during the predicted years.

Related topics-

Ticagrelor Market

Stereotactic Surgery Devices Market

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United States of America

Reading Glasses Market Outlook, Trends, Size and Forecast To 2032

The reading glasses market share is a global market that is expected to grow from USD 38.9 billion in 2022 to USD 64.1 billion by 2032, at a CAGR of 5.70% during the forecast period. The market is driven by the increasing prevalence of presbyopia, which is a natural age-related condition that makes it difficult to focus on near objects. Other factors driving the market include the rising elderly population, increasing screen time, and growing demand for fashionable reading glasses.

Regional Analysis:
The global reading glasses market insights is segmented into four major regions: North America, Europe, Asia Pacific, and Latin America.

North America

North America is the largest market for reading glasses, accounting for over 30% of the global market share in 2022. The market is driven by the increasing prevalence of presbyopia, the rising elderly population, and increasing screen time. The major players in the North American reading glasses market include Essilor, Luxottica, Johnson & Johnson, Carl Zeiss, and Safilo Group.

Europe

Europe is the second largest market for reading glasses, accounting for over 25% of the global market share in 2022. The market is driven by the same factors as the North American market, namely the increasing prevalence of presbyopia, the rising elderly population, and increasing screen time. The major players in the European reading glasses market include Essilor, Luxottica, Safilo Group, Hoya Corporation, and De Rigo Vision S.p.A.

Asia Pacific

Asia Pacific is the fastest-growing market for reading glasses, accounting for over 20% of the global market share in 2022. The market is driven by the large and growing population, the increasing prevalence of presbyopia, and the rising elderly population. The major players in the Asia Pacific reading glasses market include Essilor, Luxottica, Hoya Corporation, De Rigo Vision S.p.A., and Zenni Optical.

Latin America

Latin America is a relatively small market for reading glasses, accounting for less than 10% of the global market share in 2022. However, the market is growing rapidly, driven by the increasing prevalence of presbyopia, the rising elderly population, and increasing screen time. The major players in the Latin American reading glasses market include Essilor, Luxottica, Safilo Group, and Hoya Corporation.

Conclusion

Despite the challenges, the reading glasses market is expected to grow in the coming years. This is due to the increasing prevalence of presbyopia, the rising elderly population, increasing screen time, and growing demand for fashionable reading glasses. The market is expected to be driven by the Asia Pacific region, due to its large and growing population. The major players in the market are focusing on developing innovative products and expanding their distribution networks to cater to the growing demand. 

Key Players

MRFR recognizes the following companies as the global Reading Glasses market players.

·        Bausch & Lomb Incorporated.,

·        EssilorLuxottica,

·        Carl Zeiss,

·        Johnson & Johnson Services, Inc.,

·        Hoya Corporation,

·        De Rigo Vision S.p.A.,

·        ZENNI OPTICAL, INC., and

·        ThinkOptic Inc.

Segment Analysis

The global reading glasses market outlook has been segmented into age group, type and distribution channel.

On the basis of age group, the market is segmented into less than 18 years, 18-64 years, and 65 years and greater. The 18-64 years segment dominated the global market in 2022. Presbyopia, hyperopia, and farsightedness are three adult vision disorders that are becoming more common.

Based on type, the global reading glasses market has been segmented into prescription reading glasses and OTC reading glasses. Prescription reading glasses segment dominated the global Reading Glasses market in 2022. This can be attributable to the public's growing understanding of the value of choosing the right eyeglass strength.

Based on distribution channel, the global reading glasses market has been segmented into retail stores, online sales channels, and ophthalmology clinics. Retail stores segment dominated the global market in 2022. This may be related to the fact that customers prefer to visit actual stores to examine the goods in person and decide whether or not it is suitable for them.

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Wolff Parkinson White Syndrome Market Share, Industry Growth Analysis, CAGR Status & Major Key Players

Market Highlights:

The Wolff Parkinson White Syndrome Market Share is projected to reach USD 1,659.9 Million by 2030 at 5.2% CAGR during the forecast period 2022-2030.

Wolff-Parkinson-White (WPW) syndrome is a rare congenital heart disorder involving irregularities in the electrical transmission system of the heart. In WPW syndrome, an abnormal alternate electrical pathway exists resulting in arrhythmias (abnormal heartbeat rhythms) and tachycardia (faster than normal heartbeats). WPW is congenital but, symptoms may not become apparent until adolescent. Approximately 10 to 20 percent of individuals with WPW syndrome have a congenital heart defect, such as Ebstein’s anomaly. The disorder’s estimated prevalence is 3 people per 1,000 people in the United States.

The market is driven by advancements in medical devices such as pacemakers and radiofrequency catheter ablation. Product development of these devices in terms of miniaturization of devices and better battery backup is driving the market.

The market drivers for Wolff Parkinson White syndrome are increasing screening for genetic diseases, rising awareness, growing income of people etc. The market restraints are the poor cure rates, poor efficacy and efficiency of effective drugs etc.

Regional Analysis
The Americas which are dominated by the US account for a significant market share owing to extensive use of medications and high expenditure on the health care. Additionally, the fastest uptake of new instruments and surgical techniques in the US drives the Wolff Parkinson White syndrome market. The good reimbursement scenario and the greater awareness in the developed regions drive the market.

Europe is the second largest market in the world due to high income and healthcare penetration. The European region is dominated by Germany and France. The presence of large screening programs in the developed regions drives the market for Wolff Parkinson White syndrome.

Asia Pacific region is expected to grow rapidly and China and India are likely to lead this market due to fast growing healthcare sector during the forecast period.

Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. The African region is expected to witness a moderate growth owing to poor economic and political conditions and poor healthcare development.

Taste the market data and market information presented through more than 50 market data tables and figures spread over 80 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Wolff Parkinson White syndrome Market” Research Report – Forecast till 2023.

Global Wolff Parkinson White syndrome Market Players
Wolff Parkinson White syndrome market players profiled in the report are AngioDynamics, Medtronic, Boston Scientific Corporation, St. Jude Medical, LLC, Abbott, GlaxoSmithKline LLC, Teva Pharmaceutical Industries, Sanofi S.A., and Novartis International AG and others.

Segmentation
The global Wolff Parkinson White syndrome market outlook has been segmented on the basis of types, diagnosis, treatment and end users.

Based on types, Wolff Parkinson White syndrome has been segmented as type A and type B.

Based on diagnosis, the market has been segmented as Electrocardiogram (ECG), Electrophysiological testing, and others.

Based on treatment, the market has been segmented as drugs, cardioversion, radiofrequency catheter ablation, surgery, artificial pacemaker and others.

Based on the end users, the market has been segmented as hospitals & clinics, academic & research and others.

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Gene Panel Market Share, Trends, Industry Analysis Report Forecast 2032

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.

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.

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.

Industry News

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

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

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Nuclear Imaging Devices Market Share : A Technology Analysis of the Key Products & Applications

Market Highlights

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

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

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

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

Key Players

the global nuclear imaging devices market players are

Philips Healthcare,

Digirad Corporation,

Neusoft Medical Systems Co., Ltd.,

Progenics Pharmaceuticals Inc.,

Cannon Inc.,

Surgiceye GmbH,

CMR Naviscan,

Mediso Medical Imaging Systems Ltd.,

Agfa-Gevaert Group,

General Electric Company,

DDD-Diagnostic A/S,

Spectrum Dynamics Medical,

FMI Medical Systems, Inc.,

Segamicorp, and others.

Segmentation

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

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

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

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

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

Regional Analysis

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

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

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

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Wednesday, December 27, 2023

Dental Chair Market Share, Leading Players and Demand Forecast Report 2030

Market Overview:

The Dental Chair Market Share is expected to reach USD 1.12 Billion by 2032 at 5.5% CAGR during the forecast period 2023-2032. The two most significant aspects to consider when designing a dental chair are the patient's convenience during dental operations and the dentist's ease while conducting dental treatment, particularly dental surgery. Presently, there are two types of dental chairs: one that is powered by electricity and another that is powered by a manual or non-powered source.

The global Dental Chair Market Share is witnessing a continual rise. Market growth attributes to growing dental issues and dental practices across the globe. Besides, improvements in the functionality of dental chairs drive the growth of the market. Dental chairs play a causal role in improving the patient experience during dental treatments. Increased patient comfort during performing dental procedures and dental surgeries act as a significant growth driver.

Global Dental Chair Market – Competitive Analysis

The dental chair market appears highly competitive and fragmented due to many well-established players forming a competitive landscape. These players adopt strategic approaches such as mergers & acquisitions, collaboration, expansion, and technology launch to strengthen their market positions. 

They invest substantially in developing new technologies and upgrade their existing manufacturing techniques. Also, they make substantial investments to expand their global footprints. They continuously seek improvement and innovation and try to provide quality dental chairs and superior service to their clients, creating service-driven and trusted relationships traders and suppliers.

Major Players:

The Dental Chair Market Players are included.

Dentsply Sirona,

Patterson Dental Supply, Inc.,

PLANMECA OY,

Henry Schein, Inc.,

A-dec Inc.,

Danaher Corporation,

Craftmaster Contour Equipment, Inc.,

Midmark,

KaVo Dental GmbH, and

XO CARE A/S, among others. 

Dental Chair Market – Regional Analysis

North America leads the global dental chair market, heading with the increasing numbers of dentists and dental treatment procedures in the region. Also, factors such as the strong presence of major industry players and well-equipped dental care centers drive regional market growth. Besides, increasing R&D activities carried with substantial investments for the development of innovative products boosts the growth of the regional market.

Additionally, the increasing demand for prosthodontics and raising awareness about oral health push the growth of the regional market. Furthermore, the high expenditures on oral care, increasing demand for better dental care infrastructures, and rapid uptake of new technologies in the manufacturing substantiate the regional market growth. The dental chair market in North America is projected to retain its dominance over the global market throughout the review period.

Europe holds the second-leading position in the global dental chair market due to the well-established dentistry in the region. Moreover, factors such as the strong presence of key dental chair manufacturers and the increasing number of dental practices propel the regional market growth. Rise in numbers of dentists creates a high demand for dental equipment, including the dental chair. Besides, rising cases of root canal procedures and oral & dental surgeries boost the growth of the regional market. The dental chair market in Europe is expected to create a substantial revenue pocket.

The Asia Pacific dental chair market is growing rapidly. Factors such as the augmenting demand for dental procedures and rising numbers of dental care providers in the region foster market growth. Moreover, increasing per capita healthcare expenses and developing healthcare infrastructure drive the regional market growth excellently. Besides, the proliferation of oral health insurance propels the growth of the regional market. Additionally, the rapidly growing population, healthcare sectors, and the growing focus on improving the healthcare facilities contribute to the regional market growth.

Global Dental Chair Market – Segmentation

The report is Dental Chair Market Outlook Segment into four dynamics;

·        By Product: Powered Dental Chairs and Non-Powered Dental Chairs.

·        By Type : Fixed Dental Chair and Portable Dental Chair.

·        By ApplicationExamination, Oral Surgery, Orthodontics, and others.

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

Moreover, surging demand for dental aesthetic treatments and dental procedures escalate market growth. According to Market Research Future (MRFR), the global dental chair market outlook is expected to reach a valuation of USD 627.1 MN by 2030, registering 4.1% CAGR over the assessment period (2022 – 2030). The spurting rise in the number of dental examinations and procedures performed worldwide, creates huge market demand.

Related reports-

Robot-Assisted Surgical Systems Market

3D Printing Medical Devices Market

Pacemaker Market

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Microelectronic Medical Implants Market Share, Size, Trends, Industry Analysis Report to 2030

Market Scenario:

The global Microelectronic Medical Implants Market Share 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.

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.

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 outlook 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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Growing Adoption of Non-Invasive Tattoo Removal Techniques: Market Implications

Tattoo Removal Market: Overview and Trends The tattoo removal market is a dynamic and growing sector within the global aesthetics industry...