E-Prescribing Systems Market Share, Insights and Forecast to 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 share 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 research.

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 trends 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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Microdermabrasion Market Outlook Overview, Trends,Share and Forecast by 2032

Global Microdermabrasion Market – Synopsis

Acknowledging kind of the growth the market perceives currently; Market Research Future (MRFR) has recently published a study report giving out the complete market forecast up to 2023. In its analysis, MRFR asserts that the global Microdermabrasion market share projected to reach USD 1.04 Billion by 2032 with 8.50% CAGR during 2023-2032.

Microdermabrasion or microderm is a technique of exfoliation with the use of a machine to improve health and appearance of skin by sloughing off dead skin cells, allowing new cells to the surface. Considered as a non-invasive treatment Microdermabrasion is safe for individuals with all skin types and textures. However, Microdermabrasion treatment is generally used to remove various types of scars caused due to hyperpigmentation, acne & Trauma, Photo-Damage, and Stretch Marks, among others.

Scars, especially on the face affect a person’s appearance and hence personality, further making the person vulnerable to lose the self-confidence. With the rapid urbanization and increasing access to the improved healthcare, which is fuelled by the improving economic conditions, people are becoming conscious about their appearance. To refine their looks, they increasingly opt for Microdermabrasion. Augmenting uptake is the key factor for the growth of Microdermabrasion market research.

With the extensive research in the field, this treatment has become safer and effective to remove the scar. Manufacturers involved in the medical or these machines, strive to develop new and innovative products continually, which can provide advanced solutions to the scar removal, easing the processes further. Additionally, factors contributing the market growth include growing population & urbanization worldwide. Improving economic conditions, globally, are providing impetus to the market growth, increasing consumers’ purchasing power.

On the hand, factors such as the availability of alternative treatments such as chemical peel and laser skin resurfacing coupled with the increasing uptake of the laser resurfacing treatment are impeding the market growth.

Global Microdermabrasion Market – Competitive Landscape

The rapidly growing market for Microdermabrasion is fiercely competitive and fragmented with many well-established as well small & new entrants forming the competitive edge. Innovation, new technology launch and Brand reinforcement remain the popular trends for the key players in the market. The growth statistics of the Scar market presage the probable heights the market can reach further.

Microdermabrasion Market players including Procter & Gamble, Johnson & Johnson Services Inc., Koninklijke Philips N.V., Silhouet-Tone, Altair Instruments, Advanced Microderm, Inc., New Shining Image LLC., Dermaglow, Lasertec Medical Service, and Delasco, lead the global Microdermabrasion market. Profiling them in its analysis MRFR finds out their strategies keeping them at the forefront of the market competition.

Global Microdermabrasion Market – Segments

MRFR has segmented the Microdermabrasion market trends into Four key dynamics: -

By Types                              : Comprising Diamond Microdermabrasion, and Crystal Microdermabrasion, among others.

By Products        : Microdermabrasion Machine (table top, hand-held, others.), Microdermabrasion Crystals (aluminium oxide crystals, sodium bicarbonate crystals, sodium chloride crystals, others.), Microdermabrasion Tips (diamond tips, bristle tips, others.), Microdermabrasion Creams and Scrubs, among other.

By Indications    : Hyperpigmentation, Acne & Trauma Scars, Photo-Damage, and Stretch Marks, among others.

By End Users                     : Dermatology Clinics, Hospitals and Home Care, among others.

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

Global Microdermabrasion Market – Geographical Analysis

Globally North America market dominates the Microdermabrasion market insights with the largest share owing to the presence of numerous facilities and availability of treatments for acne & trauma scar removal. Other factors such as increasing uptake of advanced technologies to address various dermal conditions like stretch marks, acne, and hyperpigmentation, among others, are substantiating the market growth. Owing to the rising demands for minimally invasive procedures, the North America market is expected to create a larger revenue pocket in the global market by 2023. The US, backed by the high expenditure on healthcare coupled with the increasing demand for Microdermabrasion treatments, accounts for the major contributor to the market growth.

Whereas Europe accounts for the second largest market for Microdermabrasion, globally, attributing to the recent advancements in the technology coupled with the augmenting uptake of the technology in the region.  Additionally, the presence of huge patient population and rising healthcare expenditure facilitates the regional market growth.

The Asia-Pacific market is emerging as the rapidly growing market for Microdermabrasion due to the increasing prevalence of acne and the development of related technologies mainly in the countries such as India, China, and Japan. Backed by the rising demand for minimally invasive procedures and increasing adoption of the technologies for Scar removal, APAC market is expected to register a phenomenal CAGR during the forecast period.

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Bioadhesive Market Share, Trends, Industry Analysis Report Forecast 2030

Global Bioadhesive Market: Overview

The Global Bioadhesive Market share is expected is expected to grow USD 9.26 billion with a CAGR of 6.80% during the forecast period 2023-2030. According to a recent study report published by the Market Research Future, the global bio adhesive market research is expected to gain eminence over the forecast period. The market is forecast to demonstrate a solid growth by 2030 with a remarkable CAGR during the expected period from 2022 – 2030.

Over the last decade, bioadhesives have been considered a potential drug delivery system for oral administration that includes nasal spray, ear drops, eye drops, and ointment hydrogel among others. Bio adhesives are polymers that act as adhesives that contain protein and carbohydrates as major constituents. They are either natural or synthetic polymers. Naturals bio adhesive involve the use of microorganisms like bacteria, fungi, algae, etc. Synthetic polymers are made from biological monomers like sugars. Bio adhesives have number of advantages encouraging their use in healthcare involves their extensive application in drug delivery and tissue repair. They are primarily employed in end user industries such as healthcare, biotechnology, research institutes, packaging industries, etc. The demand of bio adhesives is increasing sue to increase in end users industries.

Global Bioadhesive Market   - Competitive Analysis

The bioadhesive industry has turned into a critical and element power in the global healthcare industry. Through extensive research, it is found out that there has been an extensive utilization in packaging and durability in the market. As there are plenty of large and small market players available. Global Bioadhesive Market Players operating in this market are

Bioadhesive

Alliance Inc.,

Camurus,

Henkel Corporation,

Ashland Inc.,

3M Company,

Adhesives Research,

Yparex B.V.,

EcoSynthetix Inc.,

Adhbio and

others.

Global Bioadhesive Market   - Regional Analysis

Global bio adhesive market outlook is segmented into four key regions: Americas, Europe, Asia-Pacific and Middle East and Africa. Europe is the largest market for bio adhesives in terms of production. Majority of bio adhesive manufacturers in Europe export their products to North America and Asia-Pacific. Increase in research and development activities in bio adhesives favor the growth of this market in Europe. Moreover, biotechnology and research laboratories use bio adhesives on a large scale in this region. America is the second largest market for bio adhesives due to increase in demand of eco-friendly bio adhesive for tissue repair and drug delivery that has favoured the growth of this market in America. Growing emphasis on personal care also increase the demand of bio adhesives in America. Asia-Pacific market is expected to show steady growth in the bio adhesive market trends during the forecasted period. Japan and India import bio adhesives from European companies which is signifies that there is an increasing demand for bio adhesives for Asia-Pacific for bio adhesive. Middle East and Africa show slow growth in this market.

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Magnetic Resonance Imaging Systems Market Size : A Global Analysis of the Market Trends

 

Market Scope

The Magnetic Resonance Imaging Systems Market Insights is expected to reach USD 5,100 Million by 2030 at 7.30% CAGR during the forecast period 2022-2030.

We will provide COVID-19 impact analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak.

Top Market Firms

Hitachi,

Siemens AG,

Canon Medical Systems,

Xingaoyi,

Philips,

Toshiba Corporation,

Aurora Imaging Technologies, Inc.,

GE Healthcare,

Toshiba Corporation,

are among some of the top Magnetic Resonance Imaging Systems Market Players listed in the MRFR study.

Market Segmentation

The Global Magnetic Resonance Imaging Systems Market Report has been considered for type, field strength, disease application and end user.

Taking into account type, the market primarily caters to closed MRI, open MRI, wide-bore MRI and standard bore MRI.

Depending on field strength, the key segments can be very-high-field MRI systems, 1.5t MRI systems, high-field MRI systems, low-to-mid-field MRI systems, 3t MRI systems, and others.

Considering the disease application, the segments include cardiovascular MRI, brain and neurological MRI, spine and musculoskeletal MRI, breast MRI, pelvic and abdominal MRI, and others

With respect to end user, the market has been split into hospitals and clinics, diagnostic imaging centers, pharmaceutical &biotechnology companies and research laboratories.

Top Drivers and Main Barriers

Cutting edge technologies and intensive Magnetic Resonance Imaging Systems Market Research have resulted in the introduction of multiple advanced magnetic resonance imaging equipment that helps patients have longer and healthier lives. Magnetic resonance imaging technology is a diagnostic system that obtains information from the body’s interior and is extensively used in additional technical applications. A magnetic resonance imaging procedure helps create a 3D image of either the object or the patient that is being studied, without causing any hurt and without the use of ionizing radiation. With the substantial growth in the number of disorders related to neurology, spine, cardiovascular, orthopedic, neck and head, prostate and abdominal, the demand for advanced magnetic resonance imaging equipment has surged exponentially worldwide.

Magnetic Resonance Imaging Systems Market Overview and Analysis By Type (Open MRI and Close MRI), Field Strength (High-Field MRI Systems), Disease Application (Brain and Neurological MRI), and by End-Users (Hospitals & Clinics) - Forecast Till 2030

Regional Outlook

Europe, Americas, MEA or Middle East and Africa and Asia Pacific or APAC are the top Magnetic Resonance Imaging Systems Market.

America remains the market leader, observing the highest demand and use of magnetic resonance imaging (MRI) systems. The key reasons responsible for the region’s lead in the global market could be the heavy burden of neurological, ophthalmic and cardiovascular disorders, especially among the geriatric populace. Rigorous government efforts as well as spending on researches pertaining to medical devices along with the escalating demand for correct diagnosis also benefit the regional market. Substantial awareness level regarding the toxic effects of using radiation imaging, and the huge numbers of pharmaceutical firms present in the region also induces significant market growth.

APAC is touted to witness the fastest growth, as it demonstrates maximum growth possibilities. The massive patient pool, willingness to adopt latest healthcare technologies and government initiatives to improve the healthcare infrastructure are some of the top growth boosters. The improving insurance schemes and policies for patients, cheap costs of clinical trials and the intensive researches conducted by the prominent vendors in the region also enhance the market size. The rising number of players setting up their manufacturing units in Singapore, Japan, China, Australia and Korea also boosts the APAC market’s growth potential.

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Biologic Therapy Market Size, Insights, Application & Growth Drivers

 

Global Biologic Therapy Market to Grow Healthily over 2023

Biologic therapy is gaining traction. According to a report published by Market Research Future (MRFR), the global biologic therapy market size is set to reach USD 288.03 billion by 2030 at a CAGR 8.20% over the forecast years 2023-2030. Biologic therapy is viewed as an innovative treatment module based on products sourced from living organisms.

Biologic therapy is used to stimulate or suppress the immune system for treatment purposes. The therapy finds application in treatment of diseases such as infection, cancer and several other diseases. Advances in the field of biologic therapeutic is boosting the application scope of biologic therapy. Rising demand for biological and targeted drug therapies is making a positive impact on the global biological therapy market. The R&D pipeline for biologic therapy is expected to grow in the future as pharmaceutical companies realise the vast market opportunities. 

Global Biologic Therapy Market: Competition Analysis

Global biologic therapy market players include

          ·           Bristol-Myers Squibb,

          ·           Amgen Inc.,

          ·           Eli Lilly,

          ·           Seattle Genetics, Inc.,

          ·           GlaxoSmithKline Plc.,

          ·           Novartis International AG,

          ·           Celgene Corporation and

          ·           Spectrum Pharmaceuticals, Inc.

Global Biologic Therapy Market: Segmental Analysis

MRFR’s report includes a detailed segmental analysis of the market based on therapy, product type, end-user and application. Based on therapy, the market has been segmented into vaccines therapy, cell therapy, protein therapy and others. Based on product type, the market has been segmented into services, instruments and kit and reagents. Based on end-user, the market has been segmented into hospitals and clinic, research centers and speciality centers. Based on application, the market has been segmented into blood and blood-related products testing, tissue and tissue-related products testing, vaccine and therapeutics development, stem cell research and cellular and gene therapy.

Global Biologic Therapy Market: Regional Analysis

On the basis of region, the biologic therapy market insights has been segmented into North America, Europe, the Middle East & Africa (MEA), Latin America and Asia Pacific (APAC). North America represents an important market for biologic therapy. Rising geriatric population, growing cancer prevalence in countries such as the U.S. and Canada are some of the factors supporting the market growth in the region. Data released by United States Census Bureau reveals that the total count of Americans aged 65 and above surpassed 49.2 Mn in 2016. Advanced countries in North America have robust health coverage policies along with a quicker access to latest biologic therapeutics. Many market players operating in North America are focusing on patient-centric products. In addition, companies are focusing on delivering customized therapeutics. High healthcare spending in the region is also influencing the market growth. The Center for Disease Control and Prevention reported that healthcare expenditure in the U.S reach to 3.2 trillion in 2015.

Europe in hold the second spot in the global biologic therapy market in terms of revenue. The market in Europe is expected to exhibit a healthy growth over the next couple of years. The healthcare sector remains focused on innovation and continue to excel in delivering quality care. In addition, presence of an advanced healthcare system is reflecting favourably on the market in the region. Many of the advanced countries in Europe have large pool of geriatric population. Data released by Eurostat revealed that more that 19% of the over population in Europe is aged 65 and above.

Asia Pacific is emerging as a highly attractive market for biologic therapy. It is projected that the market in APAC will demonstrate the fastest growth during the forecast period. Increased occurrence of lifestyle diseases is driving the demand for biologic therapy. Rising healthcare expenditure, increased awareness level and improving healthcare infrastructure are some of the key factors influencing the market in APAC.

The market in MEA is expected to witness a relatively slower growth during the forecast period. This is mainly owing low penetration and limited access. However, increased efforts towards improving healthcare standard in GCC countries is likely to create market opportunities.

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Microbiome Sequencing Services Market Size, Trends, Growth, and Forecast by 2032

 

Market Highlights

It is estimated that the global Microbiome Sequencing Services Market Size is expected to register a CAGR ~ 18% during the forecast period of 2023–2032, with an estimated market value of USD 6.70 Billion in 2032.

Numerous factors such as high investment in next-generation sequencing, rising genome mapping programs in various countries, and the demand for microbiome research is anticipated to fuel the growth of the Microbiome Sequencing Services Market. Moreover, the increasing investments in next-generation sequencing by various public and private organizations have created a lucrative option for many companies to invest in providing microbiome sequencing services, leading to the overall growth of the market. For instance, according to the data published by the Wall Street Journal in 2016, reported that venture funding in microbiome firms raised by 458.5% to USD 114.5 million from 2022 to 2030.

Key Players

The global microbiome sequencing services market players are

Metabiomics Corp.,

Baseclear B.V.,

Clinical Microbiomics A/S,

EPIBIOME,

Merieux Nutrisciences Corporation,

Microbiome Insights Inc.,

Microbiome Therapeutics, LLC.,

MR DNA,

Rancho Biosciences,

Second Genome,

Ubiome, Inc., and

Zymo Research Corp.

Segmentation

The global microbiome sequencing services market has been segmented into technology, application, and end user.

·         The market, based on technology, has been segmented into Sequencing by Litigation (SBL), Sequencing by Synthesis (SBS), short gun sequencing, targeted gene sequencing, RNA sequencing, and others.

·         The market, by application, has been further segmented into gastrointestinal diseases, infectious diseases, CNS diseases, oncology, and others.

·         The market, by end user, has been segmented into research and academic institutes, pharmaceutical and biotechnology companies, and others.

Regional Analysis

The market in the Americas is expected to dominate the global microbiome sequencing services market during the forecast period owing to the increasing per capita healthcare expenditure, and the heavy adoption of new technology in the region. Europe is expected to hold the second largest position in the global microbiome sequencing services market. The market growth in this region is because of the presence of a well-established healthcare system and increase in life-threatening diseases. For instance, according to cancer research UK, there were approximately 9, 921 cases of cancer diagnosed in 2015. Such high rates of cancer are likely to increase demand for use of next-generation sequencing as well as increase the market demands for monoclonal bodies and cellular research. These factors are expected to have a positive impact on the microbiome sequencing services market. Asia-Pacific is estimated to be the fastest growing region in the market due to the huge patient pool of chronic diseases and government initiatives of healthcare reforms. The market in the Middle East & Africa is likely to account for the smallest share of the global microbiome sequencing services market. The market growth in this region owes to the low disposable income in the region.

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Contrast Media Market Size is forecasted to grow by 2030

Market Summery

Market Research Future (MRFR) predicts the Global Contrast Media Market size is projected to grow USD 4.2 billion at a CAGR 4.01% during the forecast period of 2023 – 2030. Contrast Media is a substance that enhances the visibility of internal organs during radiography.  Medical imaging plays a crucial role in diagnosis of diseases, like GI disorders, cancer diagnosis, and cardiovascular complications.

The World Health Organization (WHO) reported that by 2020, three-quarters of global deaths will be caused due to chronic diseases of which 71-75% of deaths will be due to cardiac related problems. Early detection of such ailments can help provide patients with better treatment.  The increase in prevalence of chronic disease and cancer patients necessitates better diagnostic techniques provoking elevated use of contrast media. This is expected to bolster the contrast media market in the forecast period.

Medical imaging techniques like, computed tomography (CT) and magnetic resonance imaging (MRI), extensively use contrast media for deriving images of internal organs of a body.  The increase in the number of both public and private diagnostic centres availing such sophisticated medical imaging techniques is another factor identified to propel the market expansion. Owing to technical advancements, the burgeoning healthcare industry is expected to largely influence the contrast media market.

For example, in 2017, GE Healthcare received its FDA approval for Visipaque™ (iodixanol) Injection, a imaging agent that can be used in coronary CT angiography.  Ascelia Pharma, in 2018 announced that it will develop manganese-based contrast media products, which would likely be a safer alternative to gadolinium-based contrast media agents. Designing syringeless contrast media injectors to  improve the route of administration of contrast media, for better patient compliance. Such medical advancements are providing a platform for launching innovative products. MRFR forecast that launch of new products can have a positive impact on the global contrast media market growth in the near future.

Key players

Prominent companies in the contrast media market are

AMAG Pharmaceuticals (US)

Bracco Diagnostic Inc. (Italy)

Lantheus Medical Imaging (U.S.)

Covidien (Ireland)

Mallinckrodt Pharmaceuticals (UK)

Targeson (US)

nanoPET Pharma GmbH (Germany)

NanoScan Imaging (US)

Medrad Inc. (US)

Guerbet Group (France)

Subhra Pharma Private Limited (India)

GE Healthcare (US)

CMC Contrast AB (Sweden)

Daiichi (Japan)

Bayer Healthcare Pharmaceuticals (Germany)

Segmental Analysis

The segmental study of the Global Contrast Media Market gives a compendious market overview that highlights key points of the market that benefits our clients to identify growth opportunities of the market. The contrast media market study is segmented into type, procedure, application, and route of application.

Based on the type, the market is segmented into intravenous contrast materials, iodine-based contrast media agents, and others.

Based on the application, the market is segmented into nephrological disorders, oncology, cardiovascular disorders, and others.

Based on the route of administration, the market is segmented into injectable, rectal, and oral.

Regional Insights

MRFR’s regional analysis of the Contrast Media Market gives a holistic approach towards the demographic progress of the market in the forecast years. Based on the region, the contrast media market is segmented into Asia Pacific, North America, Europe, and the Rest-of-the-World (RoW).

North America is expected to dominate the market, holding a significant market share owing to its strong technological infrastructure. Increase in medical tourism, rise in the number of cancer patients and patients suffering from chronic disorders, and market players likely to deliver cost-competitive contrast media products are factors which are predicted to fuel the regional market growth.  

Robust economic improvement, existence of influential market players, and technological advancements in the European region can augment the regional market proliferation.

The contrast media market in the Asia Pacific region, led by the rapidly proliferating healthcare sector and developing economy, has emerged as a promising market, globally. Increasing markets in countries, such as Japan, China, and India, are pushing up the growth in the regional market. Moreover, the APAC Contrast Media Market is driven by the rising population and the spreading awareness towards the functionalities of contrast media.

The rapidly growing healthcare industry and emerging economies like India, Japan, and China in the Asia Pacific region, a huge population, and increase in awareness towards benefits of contrast media are market dynamics expected to drive the regional market growth.

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