Tuesday 10 December 2013

Intravenous Access Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast ,2013 - 2019


Transparency Market Research is Published new Market Report “Intravenous Access Devices Market (Intravenous Needles, Intravenous Catheters and Intravenous Infusion Pumps) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,". In 2012, the global intravenous access devices market was valued at USD 27.2 billion and is expected to grow at a CAGR of 7.8% during the forecast period of 2013 to 2019 to reach a market value of USD 46.5 billion by 2019.



Intravenous (IV) access devices are utilized extensively for the delivery of almost every class of drugs such as analgesics, antibiotics and antipyretics. The IV access devices include IV needles, IV catheters and IV infusion pumps. The market for IV access devices will increase tremendously at the growing rate of 7.8% during the forecast period 2013 to 2019 with the increasing incidences of various diseases such as cancer and tuberculosis (TB).Increasing geriatric population worldwide will also support the growth of this market because elderly people are highly susceptible to aforementioned diseases. In addition, shifting trend towards home healthcare will further propel the growth of infusion pumps and catheters market which will also support the overall growth of the market.

Likewise, increase in number of surgeries throughout the globe will also trigger the growth of this market since; surgeries will require these access devices for various purposes such as medication and anesthetic. For instance, in 2012around 51.4 surgeries were reported according to the Centers for Disease Control and Prevention (CDC) in the U.S. and this number is expected to increase owing to various reasons such as increase in number of accidents and lifestyle.Similarly, increase in number of vaccines will also augment the growth of this market since administration of majority of the vaccines will utilize intravenous needles.The market for intravenous catheters is expected to grow at the highest CAGR of 9% during the forecast period 2013 to 2019. This growth is attributed to its wide application areas such as it is utilized when infusion pump is implanted in the body. Similarly, price competitiveness of the catheters will also support the growth of this market tremendously.

The North American region accounted for the largest share by revenue for intravenous access devices in the year 2012 owing to large number of patient pool and geriatric population. However, Asia-Pacific is expected to show the highest growth rate of 9.4% from 2013 to 2019. This is attributed to rise in geriatric population, target diseases, increase in healthcare expenditure and improving healthcare infrastructure in the Asia-Pacific region. In addition, rise in disposable income due to economic development will also propel the growth of the market in the region since it will increase the purchasing power of individuals for various medical services such as surgeries.

The major players operating in the market include Hospira, Inc., Becton, Dickinson and Company, CareFusion Corporation, Baxter International, B. Braun Melsungen AG and Smiths Medical.
The global intravenous access devicesmarket has been segmented as below:

Intravenous Access Devices Market, by Product Types
  • Intravenous Needles
  • Intravenous Catheters
    • Midline Peripheral Catheter
    • Central Catheters
      • Midline Peripheral Catheters
      • Centrally Inserted Catheters
  • Intravenous Infusion Pumps
    • Intravenous Insulin infusion Pumps
    • Parenteral Feeding Infusion Pumps
    • Intravenous Patient Controlled Analgesia (PCA) Infusion Pumps
    • Intravenous Syringe Infusion Pumps
Intravenous Access Devices Market, by Geography
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)

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Friday 29 November 2013

Breath Analyzers Market is Expected to Reach USD 4.5 Billion Globally in 2019: Transparency Market Research

Transparency Market Research is Published new Market Report “Breath Analyzers Market (Technologies: Fuel Cell, Infrared Absorption and Semiconductor Sensor; Applications: Alcohol Detection, Drug Abuse Detection, Tuberculosis Detection and Asthma Detection) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," . The global breath analyzers market was valued at USD 402.1 million in 2012 and is estimated to reach 
a market worth USD 4,518.4 million in 2019 at a CAGR of 41.3% from 2013 to 2019.


A rise in the trend for excessive alcohol consumption coupled with a rise in the number of road accidents has led to an increase in the usage of breath testing devices. Moreover, augmented demand from the healthcare sector for disease diagnosis along with strong government support are some of the factors responsible for boosting the uptake of breath analyzers, resulting in the overall growth of the breath analyzers market. Breath analyzers are the devices used for estimating blood alcohol content through an exhaled breath. Breath analysis is considered an indispensable tool for the screening of alcohol, drugs, asthma, tuberculosis and other diseases. These devices are gaining importance owing to their non-invasive nature, reliable and accurate result delivery over blood or urine test.

In the U.S. nearly half of road accidents are estimated to occur due to excessive alcohol consumption and drug abuse. Similarly, the number of deaths soared by 26% in Britain due to drunk driving in 2012. Thus, alcohol enforcements remain a priority for governments across the globe. Governments of various countries are strictly enforcing safety laws and are heavily emphasizing on work safety issues. Moreover, they are compelling organizations, vehicle owners and others to install portable breath analyzers at their work places.

In the global breath analysis market, the fuel cell technology segment accounted for the largest share and is anticipated to lead the market during the forecast period. The growth in this segment is attributed to technology efficiency, accuracy and the increasing popularity of breath testing devices. The alcohol testing segment accounted for the largest share of the market owing to the rising trend of road accidents and other causalities due to excessive alcohol consumption. The tuberculosis detection market is anticipated to show highest growth of 44.7% from 2013 to 2019. The growth in this segment is attributed to increasing incidence of tuberculosis especially in developing countries and increasing demand for a non-invasive surgery and accurate screening tool.

Geographically, North America accounts for the largest share of the breath analyzers market followed by Europe. The growth in this region is attributed to multiple factors such as rising awareness, increased government initiatives and a growing need for alcohol testing devices to curb risk of casualties arising out of excessive alcohol consumption. Moreover, dominance in this region is also witnessed due to increasing focus on development of breath testing devices for medical diagnosis. Despite the developed countries holding the major share, the Asia-Pacific region is likely to emerge as the fastest growing market during the analysis period. The market in this region would be influenced by the growing number of vehicle users and rise in disposable incomes that has recently reported a sudden rise in number of accidents due to excessive alcohol consumption, thereby increasing the demand for breath testing devices, consequently accelerating the growth of this market.

Key players of this market include Alcohol Countermeasure Systems Inc., Dragerwerk AG & Co, Ekips Technologies, Inc., MPD, Inc., Intoximeters, Inc., Lifeloc Technologies, Inc., among other significant players.

The breath analyzers market is segmented as follows:
  • Breath Analyzers Market, by Technology
  • Fuel Cell
  • Semiconductor Sensor
  • Infrared Absorption
Breath Analyzers Market, by Application
  • Alcohol Detection
  • Drug Abuse Detection
  • Asthma Detection
  • Tuberculosis Detection
  • H.pylori Infection Detection
  • Others
Breath Analyzers Market, by Geography
  • North America
  • Europe
  • Asia-Pacific
  • RoW

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Tuesday 26 November 2013

World Medical Transcription Services Market Will Climb Above 60.6 Million in 2019 : Transparency Market Research

Transparency Market Research is Published new Market Report “Medical Transcription Services Market (History and Physical Report, Discharge Summary, Operative Note or Report, Consultation Report and Others & MT Outsourcing and Offshoring) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019", The global medical transcription services market was valued at USD 41.4 million in 2012 and is expected to grow at a CAGR of 5.6% from 2013 to 2019, to reach an estimated value of USD 60.6 million in 2019.


Medical transcription (MT) is one of the application based domains of healthcare management and is currently facing intense transformation. Factors such as infrastructural initiatives taken up by governments, implementation of electronic health record systems in developed nations, automation of healthcare operations and growing concerns for offering better, safe and swift healthcare service to the patients will have an impact on the current model of medical transcription industry.

The global medical transcription is segmented on the basis of service types and by the mode of procurement of transcription services. Based on service type, the medical transcription services is classified into History and Physical Report (H&P), Discharge Summary (DS), Operative Note or Report (OP), Consultation Report (CONSULTS), Others (Pathology Report (PATH) & Radiology Report (x rays or radiographs)) market. The market share of CONSULT reports is largest among all the other reports in the medical transcription services market as these reports are repeatedly produced for single patients undergoing treatment each time the patient visits the specialist. It is expected that the global market fort CONSULT reports will reach USD 21.1 million with the market growing at a CAGR of 3.3% from 2013 to 2019. Earlier H&P reports were made only for hospitalized patients and patients undergoing treatment which involved several visits to specific clinics or hospitals but currently H&P reports are made for both inpatients as well as outpatients to reduce the risk of reimbursement issues. This has increased the share of H&P reports in the overall medical transcription services market.

Any healthcare institute in order to acquire medical transcription service can either outsource the job to a domestic medical transcription service organization, offshore or opt for both methods. Outsourcing is the most preferred mode of service procurement in medical transcription with the market share of 62.2% in 2012. In addition, large internationally operating healthcare organizations prefer to opt for both the modes of service procurement, due to reasons such as ease of operations, rapid turnaround times and easy allocation of monetary resources on the basis of nature of reports.

Asian countries such as India and Philippines are some of the leading hubs for offshoring of transcription services. Most of the offshored business is captured by these countries and is supported by government incentives and subsidies for setting new business and expansion of existing business units. United Arab Emirates (UAE) and Latin America are emerging markets in RoW followed by Qatar. North America currently dominates and is expected to retain its position in the medical transcription services market in the future. Growth drivers for this market in North America are factors such as rise in aging population and passing of Patient Protection and Affordable Healthcare Act, 2013. The North America medical transcription services market was worth more than USD 18 million and is expected to grow at a CAGR of over 5% in the forecast period.

The global medical transcription services market is highly competitive in nature with a large number of market consolidation activities being conducted in the past ten years. Some of the key market players operating in this market include Acusis LLC, Nuance Communications,Inc., MModal, Inc., iMedX Information Services Pvt. Ltd, Precyse Solutions LLC, Scribe Healthcare Technologies, Inc., Superior Global Solutions, Inc., Transcend Services, Inc. and TransTech Medical Solutions.
The global medical transcription services market is segmented as follows:

Medical Transcription Services Market, by Service Type
  • History and Physical Report (H&P)
  • Discharge Summary (DS)
  • Operative Note or Report (OP)
  • Consultation Report (CONSULTS)
  • Others (Pathology Report (PATH) & Radiology Report (X-rays or radiographs))
Medical Transcription Services Market, by Mode of Procurement
  • Outsourcing
  • Offshoring
  • Both
Medical Transcription Services Market, by Geography
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)

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Friday 22 November 2013

Global Prefilled Syringes Market Will Reach USD 4.98 Billion By 2019 : Transparency Market Research

Transparency Market Research is Published new Market Report “Prefilled Syringes Market (Glass and Plastic) - Global Industry Analysis, Size, Volume, Share, Growth, Trends and Forecast, 2013 - 2019," The global prefilled syringes market was valued at USD 2.09billion in 2012 and is expected to grow at a CAGR of 13.3% from 2013 to 2019, to reach an estimated value of USD 4.98billion in 2019.


Prefilled syringes are advanced drug delivery devices filled with single measured dose of high-end injectable drugs. Thesesyringes are gradually becoming the most preferred delivery devices for various categories of injectable drugs, mainly due to the advantages offered to drug manufacturers, healthcare providers and patients over conventional vial and ampoule packaging systems. To drug manufacturers, they are important because they reduce overfill to 4%-5% from 20% in vials, and thus, are preferred for dispensing therapeutic classes (mainly biologics) which are expensive. With respect to healthcare providers and patients, prefilled syringes help with factors such as ease of operation, low risk of contamination and accurate dosing.

Glass has been the most preferred material over decades for syringe manufacturing, owing to its properties such as non-reactive nature, robustness, transparency and tolerability against heat. Consequently, glass based prefilled syringes accounted for the larger share(more than 90%) of the total market in 2012, both by revenue as well as volume.Sincethe past few years, the industry is witnessing a shift towards the usage of plastic in place of glass in response to some significant disadvantages associated with glass, such as high risk of breakability and increased level of leachability from silicone layer in the presence of biologics. Under the influence of continued development in the area of polymer technology, the market for plastic based syringes is expected to grow at a CAGR more than double of that of glass syringes duringthe forecast period from 2013 to 2019. Nevertheless, glass syringes will still dominate the total global market for prefilled syringes in 2019, in terms of percent share by revenue as well as volume.

Boost in the use of biologics and other potent injectable drugs, technical advances in prefilled syringe manufacturing and packaging, rising demand for self-administration and increasing elderly population suffering from various chronic diseases that require frequent parenteral dosing are some major drivers anticipated totrigger market growth during the forecast period. On the other hand, burgeoning concerns regarding needlestick safety and prevention, rising manufacturing costs and issues with drug stability are some of the challenges likely to affect the growth of the global prefilled syringes market.

Geographically, Europe constituted the largest market share for prefilled syringes in 2012, owing to the high adoption rate of these delivery devices in the region. However, the North American market is predicted to grow at a higher CAGR (15%) than Europe during the forecast period to reach a value similar to that of the European market. Major drivers expected to contribute to this market growth include increasing awareness regarding benefits of prefilled syringes and presence of a large number of biopharmaceuticals under clinical development targeted for parenteral administration. In addition, the high growth economies of emerging nations such as India, China, Brazil, Russia and Mexico are attracting manufacturers to invest in these lucrative markets. Japan is a well-established market for prefilled syringes among Asian countries.

The market for prefilled syringes is oligopolistic in nature and is dominated by a few key players, namely, Becton, Dickinson and Company, Gerresheimer AG, Nipro Corporation, Schott AG and Stevanato Group. Other vendors operating in the market include Unilife Corporation, West Pharmaceutical Services, Inc., Baxter International, Inc. and Ypsomed Holding AG.

The global prefilled syringes market is segmented as follows:

Prefilled Syringes Market, by Segment
  • Glass Prefilled Syringes Market
    • By Revenue (USD Million)
    • By Volume (Million units)
    • Plastic Prefilled Syringes Market
    • By Revenue (USD Million)
    • By Volume (Million units)
Prefilled Syringes Market, by Geography
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)

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Hernia Repair Devices Market is Expected to Reach USD 5.9 Billion Globally in 2019


Transparency Market Research is Published new Market Report “Hernia Repair Devices Market
(Polymer and Prosthetic Mesh, Biologic Materials, Surgical Instruments and Endoscopy Equipments)- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," The global hernia repair devices market was valued at USD 3,578.21 million in 2012 and is estimated to reach a market worth USD 5,936.43 million in 2019at a CAGR of 7.5% from 2013 to 2019.


Hernia is one of the major health concerns worldwide. Occurrence of hernia is characterized by the protrusion or bulging of internal organ or tissues through weak muscle areasand is classified on the basis of its anatomical location of occurrence. The different types of hernia include inguinal (inner groin), umbilical (belly button), hiatal (upper stomach), femoral (outer groin) and incisional hernia. Of these inguinal hernia is the most common type of hernia accounting for around 80% of the total hernia cases worldwide. This occurs most commonly in men majorly due to the observed weakness in this area. The exact cause of hernia is unknown but the most prominent risk factors which contribute in the development of hernia are old age and obesity. These factors feature weakened muscles and pressure in the abdomen. Other factors contributing towards development of hernia are poor nutrition, smoking, change in lifestyle habits, and family history.

Escalation in hernia prevalence directly influences the need and demand for hernia repair devices globally.Consistent rise in geriatric population, increasing adoption of tension free hernia repair procedures, rise in preference for technologically advanced biologic mesh and consistent elevation in obesity epidemic are some of the major factors positively impacting the growth and acceptance of hernia repair devices globally. However, inconsistent reimbursement policies coupled with high costs involved in the development of effective hernia repair devices are expected to hamper the growth and development of hernia repair devices market.

Hernia repair devices market can be segmented based on the type of product and equipment and procedure. The products and equipmentare further categorized into polymer and prosthetic mesh, biologic materials, surgical instruments and endoscopy equipment. Manufacturers are focusing on developing innovative and novel hernia repair products and equipment. The market for biologic materials is expected to grow faster compared to polymer or prosthetic mesh system as they render more advantages over the latter such as high flexibility, strength, less chances of rejection and infection. At present there has been increased adoption of biologic mesh and biologic allograft mesh systems which aid in fast recovery and negligible post-operative pain.
Continuous technological upgradation in developing endoscopes will further support growth and development of hernia repair devices. The rationale behind this is that these hi-tech endoscopes assure high reliability and accuracy of the surgical procedure with the minimum possibility of errors. Hence, with the perennial need for high performance oriented medical devices, the need and demand for effective hernia repair devices also increased.

Surgical procedure is the best option to deal with hernia as it provides long term results as compared to watchful waiting process for reverting hernia with the aid of certain medications. Tension repair and tension free repair procedures are the two main approaches employed for hernia repair. Tension free procedures are more advantageous than tension repair methods as they provide fast recovery and negligible post-operative pain. Currently, there has been an increased preference for tension free repair procedures such as laparoscopic tension free and tension free mesh technique majorly due to its minimal invasive nature followed by less susceptibility to infection compared to conventional incisional repair procedures. Owing to aforesaid factors, tension free repair procedures are anticipated to record a steady growth rate during the forecast period from 2013 to 2019.

At the regional level, North America was the largest market in 2012 for hernia repair devices market followed by the European Region. Asia-Pacific region is expected to grow at a highest CAGR of over 8% from 2013 to 2019. This is majorly due to large and expanding population base, increased participation of the respective governments in healthcare sector and rising disposable incomes of the population. In addition, high prevalence of hernia in low or middle income countries compared to high income countries due to undiagnosed and untreated hernia cases will further propel growth and development of hernia repair devices market.

The global hernia repair devices marketis segmented as follows:

Hernia Repair DevicesMarket, by Products and Equipments
  • Polymer and Prosthetic Mesh
  • Biologic Materials
  • Surgical Instruments
  • Endoscopy Equipments
Hernia Repair Devices Market, by Procedures
  • Open Tension Repair
  • Tension Free Repair
Hernia Repair Devices Market, by Geography
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)

Monday 21 October 2013

Atrial Fibrillation Market is Expected to Reach USD 14.8 Billion Globally in 2019: Transparency Market Research

Transparency Market Research is Published new Market Report “Atrial Fibrillation Market (Pharmacological and Non-Pharmacological Treatment, Electric Cardioversion, Radiofrequency, Cryo, Laser and Microwave Catheter Ablation, Maze Surgery, Anti-Coagulant and Anti-Arrhythmic Drugs) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," . The global market for atrial fibrillation was valued at USD 6.1 billion in 2012 and it is expected to reach an estimated value of USD 14.8 billion in 2019, growing at a CAGR of 13.4% from 2013 to 2019.


Rising global base of geriatric population inducing an accelerated growth in the incidence rates of atrial fibrillation is one of the highest impact-rendering drivers for this market. In addition, favorable results exhibited by clinical trials promoting combined pharmacological therapy such as the HARMONY trial and rising prevalence of disorders causing atrial fibrillation such as hypertension and obesity will also serve the market as drivers. The future growth of this market will be ensured by the introduction of advanced treatment procedures such as hybrid ablation and the rising prevalence of atrial fibrillation in emerging Asian economies.

On account of the fact that pharmacological treatment procedures are more frequently administered to the patients suffering from atrial fibrillation and are a cheaper alternative to non-pharmacological procedures, pharmacological procedures held the majority of market share in 2012. With the introduction of new drugs such as Bristol Myer Squibb's NTC-801, Merck's Vernakalant, Boehringer Ingelheim's Pradaxa, the market share of pharmacological treatment procedures is expected to further increase by 2019.

The non-pharmacological treatment market was led by the catheter ablation market and its market share was valued at over 45% in 2012. The introduction of new catheter ablation systems such as CardioFocus's HeartLight Endoscopic Ablation System (EAS) laser ablation catheter, Endosense's TactiCath and Biosense Webster's ThermoCool SmartTouch, will help the catheter ablation market to further enhance its market share by 2019.

The radiofrequency based catheter ablation treatment for atrial fibrillation market led the catheter ablation market in terms of market share in 2012 majorly on account of the facts that it has a relatively lower procedural duration and cost and has high success rates associated with it.
High prevalence of atrial fibrillation coupled with the availability of high disposable incomes amongst patients and sophisticated healthcare infrastructure, has led the North American atrial fibrillation market to hold the majority of the market share in 2012. However, this region is expected to lose its market share to relatively faster growing Asia-Pacific region.
Some of the key players of this market include Boehringer Ingelheim, Bristol-Myers Squibb/Pfizer, Bayer/Johnson & Johnson, Medtronic, Inc., St. Jude Medical, Inc. and AtriCure, Inc.

The global atrial fibrillation market is categorized into the following segments:
  • Atrial Fibrillation Market, by Treatment Types
    • Pharmacological Treatment
      • Anti-Arrhythmic Drugs
      • Anti-Coagulant Drugs
    • Non-Pharmacological Treatment
      • Catheter Ablation
        • Radiofrequency Based
        • Cryoablation Based
        • HIFU (High Intensity Focused Ultrasound) Based
        • Microwave Based
        • Laser Based
      • Maze Surgery
      • Electric Cardioversion
  • Atrial Fibrillation Market, by Geography
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World (RoW)


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Tuesday 15 October 2013

World Medical Tourism Market Will Climb Above USD 32.5 Billion in 2019 : Transparency Market Research


Transparency Market Research is Published new Market Report “Medical Tourism Market (India, Thailand, Singapore, Malaysia, Mexico, Brazil, Taiwan, Turkey, South Korea, Costa Rica, Poland, Dubai and Philippines) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” The global medical tourism market was valued at USD 10.5 billion in 2012 and is estimated to reach a market worth USD 32.5 billion in 2019 at a CAGR of 17.9% from 2013 to 2019.

Browse the full report with complete TOC at http://www.transparencymarketresearch.com/medical-tourism.html

Medical tourism is defined as an act of travel of patients from their home country to other destinations for availing medical services. Rise in healthcare costs in developed countries coupled with the availability of high quality medical services at a low cost in developing countries have given a boost to the medical tourism industry. These medical services range from elective procedures such as cosmetic surgeries to complicated surgeries such as cardiac, orthopedics, neurosurgery and others. Significant growth in this industry is due to economic developments in developing countries that in turn has led to the growth in the medical industry and quality of medical services.

Rise in the healthcare expenditure in developed countries coupled with in the growing elderly population has also contributed to the gowth of the medical tourism across the globe. Economic crisis in the U.S., increased the number of uninsured population, consequently further triggering the growth of this market. Recently, there are approximately 50 million uninsured Americans that are willing to travel abroad for affordable and quality medical care. Globalization and improved communication technology act as a catalyst to boost the growth of this industry.

The development of medical tourism industry is based on several factors such as reduced cost of procedures, long waiting time and high demand for cosmetic surgeries. Medical travel is not only witnessed for intricate procedures but is also expanding due to growing demand for cosmetic and dental procedures since these are usually not reimbursed under regular health insurance policies. Patients travelling abroad can save from 30% to 90% on a procedure, including their travel expenditures, as compared to the medical costs in their own countries. Long waiting time is another factor which has substantially boosted the growth of this industry. Patients based in Canada and U.K travel to low cost destinations for their treatments in order to avoid long waiting periods in their own countries and receive timely access to serious ailments.


Medical tourism industry is dominated by the Asian region that has captured the maximum share of the market. This region is highly competitive owing to the presence of technologically advanced medical specialties, less stringent government regulations and attractive locations. Thailand and India are recognized internationally for their high end medical services and receive patients from across the globe. Singapore is renowned for its healthcare infrastructure and receives patients primarily for complex medical procedures. Thailand, India and Singapore accounted for approximately 60% of the total revenue of the Asian region in 2012. The Latin American countries such as Brazil and Mexico attract maximum number of patients from the U.S owing to the geographic proximity and cultural similarities. Similarly, growth in Turkey is witnessed on account of growing demand of cosmetic surgeries.

Related & Recently Published Reports by Transparency Market Research

However, a paradigm shift in the market is seen owing to strong competition among the players of this industry. Malaysia is poised to have a significant growth in this market and is likely to emerge as a fastest growing country in terms of medical tourism with a CAGR of over 25% from 2013 to 2019. This advent in Malaysian medical tourism market is due to cost advantage over Thailand and Singapore. Moreover, rise in popularity of Malaysian region is attributed to many factors such as advanced healthcare infrastructure, highly skilled professionals, visa benefits and others. Additionally, robust government support for promotion of Malaysian medical tourism has propelled the growth in this nation.

Moreover, increase in the government initiatives and growing inclination of private sector hospitals towards medical tourism is further supplanting the growth of this market. Key healthcare providers in this industry include Apollo Hospitals Enterprise Ltd., Bumrumgrad International Hospital, Bangkok Medical Center, Prince Court Medical Center and others.

The Medical Tourism market is segmented as follows:

The global medical tourism market is segmented into the following categories:
  • Medical Tourism Market, by Geography
    • India
      • Overview
      • Cost Comparison of Procedures
      • SWOT Analysis
      • Government Support
      • India Inbound Medical Tourism (No. of patients)
      • India Medical Tourism: Top Revenue Contributing Country (%) (2012)
    • Thailand
    • Singapore
    • Malaysia
    • Mexico
    • Brazil
    • Turkey
    • South Korea
    • Taiwan
    • Prospective Countries
      • Costa Rica
      • Poland
      • Dubai
      • Philippines


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Thursday 19 September 2013

Infusion Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast (2013 - 2019)

An Infusion system is a device and any associated disposable used to deliver fluids, medication or nutrients in to the patient’s circulatory system. The most common route of administration of such products in patients is intravenous and is followed by subcutaneous, epidural or enteral route. Infusion systems are categorized into in five market segments namely, syringe pumps, infusion disposable sets, implantable infusion pumps, volumetric pumps and ambulatory infusion pumps. 


Infusion systems are basically designed to administer fluids which are otherwise impractically expensive or unreliable if done manually by nursing staff. The selection of infusion pump depends on criteria such as the required volume for infusion, long and short term accuracy and the speed of infusion. 

The major key factors contributing to the growth of this market is increasing demand for multi-functional infusion systems, advancement in infusion technologies, development in the reimbursement scenario and also increase in aging population and associated high prevalence of chronic pain. 

The major contribution for the global infusion systems market comes from North America followed by Europe. Their contribution is attributed to significant chronic pain in people and better reimbursement policies. The North America and Europe regions currently occupy more than half of the global market share for infusion pumps. The next big opportunity for the leading infusion systems manufacturers remains with the emerging economies of China, India, Brazil, Russia and South Africa, due to significantly large number of under-served patients. 

The global infusion systems market is highly fragmented in nature with prime market players enjoying approximately similar market shares. The major market players are Baxter International, Inc., CareFusion Corp., Fresenius Kabi AG, Hospira, Inc., ICU Medical, Inc., Medtronic, Inc., JMS Co. Ltd., Nipro Corp., and Terumo Corporation.

More reports on Medical Devices market: 

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.

TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information which is indispensable for businesses to sustain their competitive edge.

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Friday 13 September 2013

Electrodes for Medical Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast (2013 - 2019)

The electrodes used in medical devices transfer the ionic current energy into electrical current in the body. These currents can be amplified and have proved to be helpful in diagnosing various diseases. Medical electrodes comprises of a lead, metal and electrode conducting paste. Medical electrodes proceed with quantification of internal ionic currents and results in diagnosis of various ocular, nervous, cardiac and muscular disorders. The device works through provision of an electrical contact between apparatus used to monitor activities and patient.  


The electrodes used in medical devices can be segmented as reusable disc, disposable, headbands and saline based electrodes. In addition, the electrodes can also be classified based on their applications such as ECG Electrodes, Blood Gas Electrodes, EEG/EMG/ENG Electrodes and Defibrillator Electrodes. Moreover, they can also be sub segmented as Fetal Scalp Electrodes, Electrosurgical Electrodes, TENS Electrodes, Pacemaker Electrodes, pH Electrodes, Nasopharyngeal Electrodes and Ion-selective Electrodes.

Rise in electrode applications through use of nanotechnology is augmenting the demand of electrode in various medical applications. Nanotechnology has supported the through miniaturization of these devices and making it portable.  In addition, the U.S. major government agencies such as National Eye Institute (NEI), National Science Foundation (NSF) and Department of Energy (DE) are supporting the R&D for this sector by increased government funding. The diseases treated with help of these devices include Parkinson’s disease, Alzheimer’s disease, sinus, body ache and others. Rise in incidences of these diseases would boost the demand of electrode medical devices worldwide. Moreover, the treatment through this device is of minimally invasive nature and has proved to propel the growth of this market substantially. In the U.S., the medical reimbursement policies include major medical electrodes which would also augment the growth of this market.

Some of the major players in electrodes for medical devices market include 3M Corporation, ZOLL Medical Corporation, Prosurg Inc., C.R Bard Inc., CONMED Corporation, Covidien and other significant players around the globe.

More reports on Medical Devices market:

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.

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Thursday 12 September 2013

Microfluidic Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast (2013 - 2019)

Microfluidics is a science that deals with the study of flow of liquid through the channels of micrometer size. It basically deals with the control and manipulation of fluids that is geometrically constrained to a sub-millimeter scale. Microfluidics field came into existence in 1990’s when microscale analytical chemistry technique and microelectronic technology began to be recognized. Since then microfluidics field has grown rapidly to control laboratory handling, processing and analytical techniques. Microfluidics also referred as lab-on-chip or micrototal analysis provides a wide range of applications in the areas of biological and chemical analysis. 


The miniaturization of bioanalytical techniques offers considerable advantages such as reduction of the size of the equipment and parallel operation for multiple analysis. Moreover, microlfuidic devices significantly reduce the sample volume and carry out the reaction, detection and separation quickly. Currently, microfluidic devices has been implemented in variety of biological applications that includes PCR amplification, DNA sequencing, amino acid and protein analysis, immunoassays and other areas. 

The microfluidic devices market is poised to show an impressive growth in the near future owing to advancements in proteomics and genomics field. The growth potential in this field has been driven due to acceleration in the fields of drug delivery, drug screening, biosensing, single cell or molecule analysis and point of care diagnostics. Moreover, through microfluidics entire bench top laboratory protocols can be integrated into a single chip that further supports the growth of  microfluidic devices market. 

Microfluidic market is a fast evolving market and has also been incorporated into the chemical and life sciences industry which are developing wide range of analytical and diagnostic applications. Microfluidics is further adding functionality to many of the MEMS devices. The technology facilitates chemical and biological reactions to be carried out and analyzed using typically nanoliter sample volume.  Additionally, microfluidics is also gaining momentum in the field of environmental monitoring, polymer synthesis, food monitoring, military applications and other areas. 

Microfluidic devices market is witnessing a significant competition among the vendors. The major players engaged in manufacturing of microfluidic devices are RainDance Technologies Inc., Fluidigm Corp., Agilent Technologies Inc., Dolomite Center Ltd. and other significant manufacturers.

More reports on Medical Devices market:

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.

TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information which is indispensable for businesses to sustain their competitive edge.

Contact Us:

CORPORATE OFFICE:
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States

Tel: +1-518-618-1030