Tuesday, 15 April 2014

Hip Replacement Implants Market - Global Analysis and Industry Forecast

Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Hip Replacement Implants Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure.

Hip replacement is a medical procedure in which the joint of the hip is surgically replaced by an implant that include devices used to restore mobility and offer relieve from pain that are usually associated with hip diseases, arthritis and hip injuries. The design features of each hip replacement implants that include dimensions, size and material makes each implants unique and distinctive.


Additionally, hip replacement implants will have different outcomes and distinct set of risks and benefits in various patients. Factors such as patient’s weight, sex, age, activity level, the chosen type of implant, disease diagnosis and the conditions of surgery influence the longevity of the implant. Some of the currently FDA approved types of hip replacement implants that are usually used in hip surgeries are as follows:

  • Metal-on-metal, hip replacement implant that consists of a metal ball that goes into the metal socket and a metal stem that is inserted into the thigh bone
  • Metal-on-Polyethylene, the most commonly used hip replacement implant that consist of a socket made of plastic (Polyethylene) and the ball and stem are made of metal
  • Ceramic-on-metal, hip replacement implant that consists of a ball made of ceramic and a metal socket
  • Ceramic-on-Polyethylene, used in younger patients due to its reduced joint wear and better lubrication, this type of implant consists of a socket made of Polyethylene and a metal ball
  • Ceramic-on-Ceramic, consists of ceramic ball and a socket that has ceramic lining
Suffering with the most common form of arthritis in the U.S. and other countries – osteoarthritis, almost half million Americans underwent hip replacement surgeries in 2011. According to the WHO, osteoarthritis will be the fourth leading cause of global burden of non-fatal disease by 2020. Hence, continuous increase in the incidence rate of osteoarthritis, hip injuries, rheumatoid arthritis, aging and obese population are some of the factors that can drive the global hip replacement implants market. However, adverse effects associated with hip replacement implants such as osteolysis, chronic pain, vein thrombosis, metal toxicity and nerve palsy are some of the factors that can hinder the growth of the global hip replacement implants market.
From the geographical perspective, North America leads the global hip replacement implants market and is followed by Europe, due to factors such as existence of large arthritic patient pool and favorable reimbursement policies. On the other hand, due to increase cases of hip injuries and diseases Asia-Pacific is likely to be the growing market for hip replacement implants.
Biomet, Inc., DePuy, Inc., Smith & Nephew Plc., Stryker Corporation and Zimmer Holdings, Inc. are some of the major companies contributing to the development and marketing of hip replacement implants.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 


About Us:-

Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers.

Contact Us
Sheela AK
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
Tel: +1-518-618-1030

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Facial Recognition Market - Size, Share and Forecast, 2013-2019

Transparency Market Research Reports included a detailed market survey and analysis trends on “Facial Recognition Market”. This report also includes more info about basic overview of the industry including definitions, applications and global market industry structure.

Facial recognition technology as a biometric security measure has gained significant traction in recent years driven by growth in security measures around the globe which itself is propelled by rise in incidents of crime and terrorism. The components of facial recognition market include hardware, software and services. Software utilized in this industry include modeling, database, and analytic software. The various technology segments comprise of 2D, 3D, emotion, thermal, mobile and forensics.


Government, defense and transportation (including airports, railways and other mass transportation) represent a major chunk of the market, however; other sectors including retail, BFSI, industrial, hospitality, residential, stadiums, healthcare, educational institutions are expected to see a significant growth over the coming years. The demand for this technology is growing steadily across all industry verticals and is poised to become as ubiquitous as fingerprint technology over long term. Emerging trends and opportunities in the market include refining search engine results on the basis of facial images and photo tagging applications, gathering intelligence on buying and traffic pattern in various retail shops, identification of missing persons. Further, innovative cloud services based on face recognition technologies are expected to gain increased traction in market. A major challenge for this market is limitations in terms of accuracy for face and feature detection, however, increased focus on research and technological advancements are expected to overcome this challenge.

Some of the key players in this market include Animetrics, Inc., Afix Technologies, Inc., Aware, Inc., Cognitec, Inc., Cross Match Technologies GmbH, Fujitsu Ltd., Gemalto NV, NEC Corp., RCG Holdings, Safetic AG, FaceFirst LLC, Safran Group, ZK Software, Inc., 3M Cogent, Inc., Avalon Biometrics SL, Daon, Inc., Digitalpersona, Inc., and Iris ID Systems, Inc.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

 Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a technological growth map over time to understand the industry growth rate
  • It provides a seven-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future·  

About Us:-

Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers.

Contact Us
Sheela AK
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
Tel: +1-518-618-1030

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Friday, 11 April 2014

Global Stent Grafts Market, 2013-2019

Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Stent Grafts Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure.

A stent graft is a tube shaped device composed of a rigid structure called a stent (mostly a metal) and a special fabric covering the stent. A stent is a metal mesh without any covering but a stent graft has a fabric covering and is mainly used in endovascular surgeries.


A stent graft is used to repair abdominal aortic aneurysm (AAA) in a procedure called as endovascular aneurysm repair (EVAR). In EVAR, a stent graft is placed inside the aorta through which the blood flows uninterruptedly, instead of flowing through the aneurysm sack which is the weak point. Stent grafts can be categorized into two major segments, namely, bifurcated and aorta-uni-iliac (AUI) stent grafts. The stent grafts market can also be segmented into abdominal and thoracic aortic stent grafts.

The growth drivers for the stent grafts market are increasing acceptance of EVAR procedures worldwide, increasing efforts for creating awareness about aneurysms, rising demand for minimally invasive endovascular surgeries, aging population and rising incidences of diseases like obesity and diabetes. Increasing number of people affected by obesity and diabetes worldwide will drive the demand for endovascular surgeries. Technological advancements in EVAR and rising demand for minimally invasive procedures will drive the stent grafts market in future. However, increasing acceptance of balloon angioplasty may prove to be a restraint for this market.

The North American market, especially the U.S., dominates the stent grafts market with the largest market share followed by the European market. The Asia-Pacific market has shown the fastest growth in recent past and is expected to contribute more in future due to increasing healthcare awareness and facilities in the region. The major players operating in this market are Cook Medical, Inc., Covidien plc, Medtronic, Inc., C. R. Bard, Inc., Lifetech Scientific (Shenzhen) Co. Ltd., B. Braun Melsungen AG, Shanghai MicroPort Medical (Group) Co., Ltd., Terumo Medical Corporation, W. L. Gore & Associates, Inc. and Endologix, Inc.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a technological growth map over time to understand the industry growth rate
  • It provides a seven-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future

About Us:-

Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers.

Contact Us

Sheela AK
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
Tel: +1-518-618-1030

Browse Market Research Report:-


Tuesday, 1 April 2014

An Overview of the Minimally Invasive Vertebral Compression Fracture Repair Market

Vertebral invasive compression fractures, also commonly called spine fractures, occur when the bony block or the vertebrae in our spine suffers crack or gets deformed.



Vertebral compression fractures (VCFs) are the most common fractures in people with osteoporosis or low bone density. Though osteoporosis is considered the major reason behind such fractures, forms of metastatic tumors and extensive trauma such as an accident, a hard fall or a sports injury can also lead to such fractures.

The placement of such fractures that commonly happens to be the thoracic spine (middle portion of the spine), especially in its lower parts, makes the condition more complex as no plasters can be applied there. The patient with such fractures suffers from many issues such as sudden onset of back pain, limited spinal mobility making it difficult to walk or stand straight, eventual height loss, deformity and disability in many cases.


While non-surgical methods like medicines, exercise bracing and bed-rest are widely prevalent for curing VCFs, two newly evolved surgical methods: kyphoplasty and vertebroplasty are becoming widely popular for treating complex cases where non-surgical methods fail to benefit. These methods have less seen very less post-surgery complications rates, as less as 2% and are proving to be reasons for significant pain release and rise in physical functioning of the patients.

Kyphoplasty signifies a technique in which a balloon like inflatable object (called the bone tamp) is first placed in the fracture to restore the height of the derogated vertebrae. This is followed by a percutaneous injection of bone cement direct on the fracture.

Vertebroplasty, on the other hand, is a process in which a direct percutaneous injection of bone cement is given on the vertebral fracture.

Both the techniques involve minimal invasion in the fractured area and so the name minimally invasive vertebral compression fracture repair techniques.
Among these two techniques, kyphoplasty is more popular than vertebroplasty, owing to the additional benefits of restoration of vertebral height of the latter. In 2011, the global market for kyphoplasty was worth USD 555.4 million.


The market for minimally invasive vertebral compression fracture repair, particularly by the virtue of Vertebroplasty and Kyphoplasty is hugely flourishing. It is estimated to reach a value of USD 2.82 billion in 2019 with a growth rate of 8.7% through the years 2013 to 2019. The value of this industry was about USD 1.58 billion in 2012, with US being the key player and developing economies such as China, Japan, India, Korea estimated as the potentially emerging markets. 

Friday, 7 March 2014

Blood Flow Measurement Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

According to a new market report published by Transparency Market Research Blood Flow Measurement Devices (Ultrasonic Doppler, Laser Doppler and Electromagnetic Blood Flowmeters) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 the global blood flow measurement devices market was valued at USD 0.27 billion in 2012 and expected to grow at a CAGR of 8.7% from 2013 to 2019, to reach an estimated value of USD 0.50 Billion in 2019.
Browse Blood Flow Measurement Devices Market Report with Full TOC at http://www.transparencymarketresearch.com/blood-flow-measurement-devices.html
Blood flow measurement devices are primarily used for measurement of volume rate of blood flow for diagnosis of disorders and diseases. The volume rate of blood flow is defined as the amount of blood passing through a cross section of a blood vessel per unit time. Rise in incidence rate of individuals suffering peripheral vascular diseases and growing geriatric population are some of the factors fuelling the growth of this market. According to the statistical data provided by the Centers for Disease Control and Prevention (CDC) in the year 2012, approximately 8,000,000 people in the United States were diagnosed with peripheral arterial disease; that includes 12-20% of population older than 60 years of age. Similarly, increasing clinical applications of blood flow devices is another factor which is likely to trigger the market growth.
Blood flow measurement devices have a wide range of clinical applications varying from diabetes, dermatology, tumor monitoring, Transparency Market Researchintra cranial monitoring, gastroenterology to peripheral vascular diseases. Among all of the above mentioned clinical applications, peripheral vascular diseases accounted for the largest market share (approximately 27.8%) in 2012. Moreover, the disease is expected to show the highest growth rate reporting a CAGR of 11.3% during the forecast period 2013-2019. The growth in this segment is attributed to rise in the number of obese population coupled with the increasing risk of cardiovascular and circulatory diseases. Intra-cranial monitoring and tumor monitoring are also expected to witness significant growth during the forecast period.
Ultrasonic Doppler blood flow meters accounted for the largest share of the market in 2012 and are poised to grow at a CAGR of 10.7% from 2013-2019. This growth rate is anticipated owing to innovations in technology and rise in the number of clinical applications. Moreover, recent developments in Ultrasonic Doppler blood flow meters such as digital Doppler, multi-range Doppler technology and bilateral Doppler technology has paved a new path for the growth of this market. In addition, factors such as development of minimally invasive and non-invasive devices as well as rigorous R&D initiatives are expected to drive the global blood flow measurement devices market. Laser Doppler blood flow meter devices market is expected to decline due to high cost and a gradual decline in the number of clinical applications as compared to ultrasonic Doppler blood flow meters.
In terms of geography, North America is the leading geography for blood flow measurement devices market owing to rise in circulatory disorders and escalated health awareness. Emerging economies such as Latin America and Asia are expected to display significant growth prospects for the blood flow measurement devices market. Countries such as China, Russia, Brazil and India are expected to foresee a high growth for blood flow measurement devices owing to a large base of diabetic and geriatric population coupled with high prevalence of peripheral arterial diseases in these countries. However, stringent regulatory approvals coupled with high shipment costs of these devices could hinder market growth.
Some of the major companies involved in the production and commercialization of blood flow measurement devices are ArjoHuntleigh Inc., Deltex Medical, Transonic Systems Inc., Moor Instruments Ltd. and Cook Medical Inc., amongst others.
The global blood flow measurement devices market is segmented as follows:
Blood Flow Measurement Devices Market, by Product types
  • Ultrasonic Doppler Blood Flowmeters
  • Laser Doppler Blood Flowmeters
  • Electromagnetic Blood Flowmeters
Blood Flow Measurement Devices Market, by Applications
  • Gastroenterology
  • Diabetes Research
  • Dermatology
  • Peripheral Vascular Diseases
  • Intra-cranial Monitoring in Stroke and Brain Injury
Blood Flow Measurement Devices Market, by Geography
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)
Related & Recently Published Report by Transparency Market Research
Molecular Diagnostics Market (PCR, Next Generation Sequencing, Microarray, Infectious diseases, Genetic disease, Oncology testing, Blood donor screening) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019
Molecular diagnostics is defined as a class of diagnostic tests which identifies genetic and molecular biomarkers of an individual patient. It is essentially an analysis of RNA and DNA at the molecular level. This class of diagnostics tests is considered as the most well established and lucrative market in the clinical applications segment. Traditionally, usage of molecular diagnostics was limited due to requirement of highly skilled professionals and high cost of tests. However, recent reduction in cost per sample analysis, labor costs, improvements in automation and introduction of advanced technologies have expanded the usage of molecular diagnostics tests. The growth of this market is expected to surge due to various factors such as rise in incidence of hospital acquired infections, increase in patient awareness along with growing elderly population. Additionally, outbreak of diseases such as H1N1, growing incidence of diseases such as HIV and hepatitis have augmented the growth of this market.
The research report on molecular diagnostics provides detailed analysis of the global market and helps in understanding the driving forces responsible for its growth. The report discusses the molecular diagnostics market on the basis of different technologies and applications. The technology segment comprises polymerase chain reaction (PCR), transcription mediated amplification (TMA), hybridization technique, microarray, sequencing and others. The application segment is classified into infectious diseases, blood donor screening and genomics. The genomics segmented is further classified into genetic disorders, oncology, HLA testing and pharmacogenetics testing. The infectious diseases segment comprises market for HIV infections, HAI, HCV infections and others. Market size estimates and forecasts for the period 2011 to 2019 have been provided for each of the segments in terms of USD million using 2012 as the base year. The CAGR (%) of each market segment for the forecast period 2013 to 2019 has been provided along with market size estimations.
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Web: http://www.transparencymarketresearch.com/

Monday, 3 March 2014

Sports Medicine Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Transparency Market Research is Published new Market Report “Sports Medicine Devices Market (Artificial Joint Implants, Arthroscopy Devices, Fracture Repair Devices, Prosthesis, Orthobiologics, Braces, Performance Monitoring Devices, Accessories, Other Recovery Products) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global sports medicine devices market was valued at USD 6.1billion in 2012 and is expected to grow at a CAGR of 4.4% from 2013 to 2019, to reach an estimated value of USD 8.3 billion in 2019.


Browse Global Sports Medicine Devices Market Report with Full TOC at http://www.transparencymarketresearch.com/sports-medicine-device-market.html

Sports medicine refers to a branch of medical field involving physical fitness, treatment and prevention of sports and exercise related injuries. A growing population across the globe is creating a larger pool of talent exploited by better health, nutrition, and coaching leading to thesurge in new medical device innovation in the sporting arena. New treatments aimed at preserving joint structures may protect young athletes from more invasive procedures. Alarge pool ofelderly population and their rising awareness for health and fitness, in order to control disorders like diabetes and obesity,contribute to the rise in number of injuries. This eventually will lead to growth of the marketglobally.The reimbursement scenario however is posing a challenge to the market growth. Most of the medial insurances do not cover sports injuries at school and college level and have other clauses which exclude out of state treatment. Rising cost of medical treatment and uncovered sports injuries have affected the parents support to sports activities among children in school.

The global market for sports medicine deviceshas been studied from the perspective of widely used orthopedic devices and number of procedures used to treat and recover from sports injuries.The report provides a detailed analysis of orthopedic products such as artificial joint implants, arthroscopy devices, fracture repair devices, prosthesis and orthobiologics. Detailed analysis for recovery and support products has also been included in the report. These products comprises braces, performance monitoring devices, accessories and other recovery products.The other recovery products segment includes thermotherapy, cryotherapy, ultrasound therapy, electric stimulation devices and compression clothing.

In 2012, arthroscopy devices accounted for the largest share by revenue of the total sports medicine devices market. The global arthroscopy devices market was valued at USD 1.6 billion in 2012 and is expected to grow at a CAGR of 5.8% from 2013 to 2019, to reach an estimated value of USD 2.4 billion in 2019. This market segment is followed by artificial joint implants and fracture repair devicesowing to the rise in demand for joint replacement procedures andhigh incidence rate of fractures. However, the product recalls caused due to factors such as corrosion, implant loosening, wear, and manufacturing errors are expected to have a major impact on the market revenue of these market segments.Braces form a major share of the recovery and support products in sports medicine contributing to around 22% of the total market share in 2012.A wide application of braces coupled with rising cost of rehabilitation has propelled the orthotics market in sports medicine.

In terms of revenue, North America forms the largest market for sports medicine devices with a share of around 40%. It is expected to maintain its position throughout the forecast period propelled byrise in injuries due to variety of sports, coupled with various increasing specialized sports medicine services.According toa research conducted by Safe Kids Worldwide, around 1.3 million children were treated in emergency rooms for sports related injuries in the year 2012 in U.S. alone. Europe forms the second largest market for sports medicine devices, due to the increased demand for treatment and prevention for sports injuries.Europe being the first preference for product launch owing to favorable regulatory agency has an advantage over the more stringent U.S. FDA regulations.

Asia-Pacific is expected to be the fastest growing region in the global sports medicine devices market from 2013 to 2019, owing to the surge in sports injuries, improving healthcare infrastructure, coupled with increasing fitness awareness amongst the youth as well as elderly population. Owing to low cost manufacturing regions and favorable taxation on the devices, these regions have been successful in attracting foreign players to enter this lucrative market. Significant support from the governments of these nations has also led to growth of this sector. This provides leverage for market growth in the Asia-Pacific region.Expansion of medical centers, organizations and hosting of medical conferences to create healthcare awareness is expected to the drive the sports medicine market in the developing regions of Latin America, the Middle East and Africa.

Arthrex, Arthrocare Corporation, Biomet, Smith and Nephew PLC, Zimmer, DepuyMitek, Ottobock, DJO Global and Ossur are some of the key players dominating the global sports medicine devices market. Moreover, a large number of new companies areon constant search for innovative technologies for repair of damaged tendons, meniscus, ligaments,cartilage, and other soft tissue structures in order toenter the sports medicine devices market.

The global sports medicine devices marketis segmented as follows:

Sports Medicine DevicesMarket, by Orthopedic Products
  • Artificial Joint Implants
  • Arthroscopy Devices
  • Fracture Repair Devices
  • Prosthesis
  • Orthobiologics    
Sports Medicine Devices Market, by Recovery and Support Products
  • Braces
  • Performance Monitoring Devices
  • Accessories
  • Other Recovery Products
    • Thermotherapy
    • Cryotherapy
    • Ultrasound
    • Electric Stimulation Devices
    • Compression Clothing
Sports Medicine Devices Market, by Geography
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)

About US :

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Browse all   Technology & Media Research Reports @ http://www.transparencymarketresearch.com/technology-market-reports-8.html

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Friday, 14 February 2014

Contact Lenses Market - Global Industry Analysis, Size, Share,Growth, Trends and Forecast, 2013 - 2019


Transparency Market Research is Published new Market Report Contact Lens Market (Gas Permeable Contact Lens and Soft Contact Lens) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global Contact Lenses Market was valued at USD 6.81billion in 2012 and is estimated to reach a market worth USD13.47 billion in 2019 at a CAGR of 10.3% from 2013 to 2019.

Contact lens refers to a thin, curved lens or small prescription lens worn over the cornea covering the surface of the eye. These lenses are used for refractive error correction without affecting ocular health. Also, these lenses are used for cosmetic and novelty purpose. For instance, a colored contact lens renders change or enhances the hue of the eye. Also, costume lenses assist in creating some special effects similar to that of the big screen. Contact lenses are available in varied forms designed to meet different purposes and needs. Different shapes of lenses are used to correct different vision problems such as spherical lenses that are small all-around aid in correcting farsightedness and nearsightedness. Meanwhile, toric lenses that are heavy at the bottom are used to correct astigmatism. As per the research study published by Contact Lens Spectrum, around 125 million people wore contact lens globally and generated significant sales revenue worldwide.

With the evolution of different types of contact lenses, a large number of options are now available for the existing as well as new contact lens users. The soft contact lens provides several advantages over the conventional rigid gas permeable contact lens. These lenses are easy to adjust and are made up of soft and flexible plastics that allow oxygen to pass through the cornea. Soft contact lenses also render high comfort as compared to rigid gas permeable contact lenses. Owing to these factors, soft contact lenses are estimated to record highest growth rate during the forecast period. On the other hand rigid gas permeable lenses are durable, resistant to deposit buildup and are easy to handle. However, the demand for the same is declining due to increasing preference for various kinds of soft contact lenses such as daily disposable, extended wear and weekly replacement contact lenses. Daily disposable and extended wear soft contact lenses markets represent two of the largest markets of 2012. Manufacturers are now shifting their focus towards introduction of high comfort soft contact lenses instead of hard contact lenses. For Instance, Cooper Vision launched MyDay daily disposable contact lenses that render high oxygen permeability and help in improving the lens surface wettability.

The usage of various designs differs from the type of vision correction. Spherical, toric and multifocal contact lenses differ in their shapes and uses. These lenses are used for refractive error correction (myopia, hyperopia and astigmatism). As per the data published in International Agency for the Prevention of Blindness (IAPB), in 2010 it was estimated that around 123 million people suffered from significant vision impairment due to improper adoption of vision correction solutions. This has led to a rise in global economic cost due to lost productivity accounting for approximately USD 202 billion. These factors coupled with increasing adoption for cosmetic and aesthetic purposes are expected to influence the growth of the contact lens market. However, improper usage of the contact lens can lead to severe eye infections such as dry eyes and blindness, which are potential side effects of the contact lenses thatmay hamper the adoption of contact lenses.

Browse Contact Lens Market Report with Full TOC at http://www.transparencymarketresearch.com/contact-lens-market.html

Contact lenses render wide range of uses major being cosmetic, therapeutic, prosthetic, corrective lens and others. In addition, electroretinography lens and soft bandage contact lens are used in specialist centers and to promote epithelial healing processes respectively. Also, painted contact lenses, a type of cosmetic contact lens are sold commercially to change pupil shape or iris color and manufactured to correct refractive errors concurrently. Cosmetic, therapeutic accounted for the fastest growing segments. While, corrective contact lenses currently account for the largest market share owing to high preference and comfort levels. On the contrary high maintenance costs coupled with increased risk of vision problems due to the deposition of lipids or proteins and negligence of lens care might restrain the growth of the market.

At the regional level, North America and Europe were the largest markets in 2012 accounting for above 70% of the global contact lens market. This growth was attributed towards increasing patient population suffering fromophthalmic disorders (myopia, diabetic retinopathy and astigmatism).Asia-Pacific and Rest of the World (Row) regions are estimated to grow rapidly during the forecast period, owing to large population base, huge untapped potential, rise in disposable incomes and increased healthcare awareness. In addition substantial investments being made by the major market players in these regions will further boost the growth and uptake of contact lenses in these regions.

Global contact lens market is characterized by the presence of well-established as well as emerging players. The major companies competing in this market are Johnson & Johnson (ACUVUE brands), CIBA Vision (CIBA Vision Focus Dailies, CIBA Vision Freshlook), Essilor International (ContinuVu Concentric Design, Scone Standard) Cooper Vision (Biofinity Brands, Avira Brands) and others.

The Global Contact Lensmarket is segmented as follows:

Contact Lens Market, by Design
o    Contact Lens Market, by Characteristics
o    Spherical Contact Lens
o    Toric Contact Lens
o    Gas-Permeable Contact Lens
o    Soft Contact Lens
      • Daily Disposable
      • Weekly Replacement
      • Monthly Replacement
      • Extended Wear
      • Annual Replacement
      • Unplanned Replacement Schedule
Contact Lens Market, by Design
o    Spherical Contact Lens
o    Toric Contact Lens
o    Multifocal Contact Lens
o    Orthokeratology Contact Lens
Contact Lens Market, by Usage
o    Corrective Contact Lens
o    Therapeutic Contact Lens
o    Post-Operative Therapeutic Contact Lens
o    Cosmetic Contact Lens
o    Enhancement Tints
o    Opaque and Special Effect Contact Lens
o    Prosthetic Contact Lens
o    Computer Lens
o    D-Segment Contact Lens
o    Sports Lens
o    Custom-made Contact Lens
Contact Lens Market, by Geography
o    North America
o    Europe
o    Asia-Pacific
o    Rest of the World (RoW)


About US :
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Browse all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html

Contact us :
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:
sales@transparencymarketresearch.com
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