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.

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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.

Contact Us:

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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.

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:

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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:

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90 State Street,
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Wednesday, 4 September 2013

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

Hernia Repair Devices Market
Hernia is referred to the bulging of whole or a part of an internal organ or tissue through the defect in the supporting structures that normally contains it. Hernia can occur in abdomen, brain, diaphragm, groin or any other site previously operated due to various causes including intense weight lifting, injury to the abdomen, and wrong posture. Different kinds of hernia require a specific management or treatment. Surgical operations using different approaches such as herniorrhaphy, hernioplasty, and herniotomy are recommended for repair or correction of hernia.


The global hernia repair devices market is categorized on the basis of:
  1. Product type-
  • Biologic materials
  • Surgical equipment, fixation equipment
  • Surgical equipment, endoscopes
  • Polymer and prosthetic mesh
    2.  Procedure type-
  • Tension repair
  • Open tension-free repair
  • Laparoscopic tension-free repair
  • Other tension-free methods
Currently, Europe dominates the global hernia repair devices market and is followed by North America due to rapid growth in the international markets. Emerging countries of Asia, Middle East and Latin America are also expected to show rapid growth in this market due to worldwide increase in the graying population.

Some of the major factors driving the growth of hernia repair devices market include new product innovations, reduced pain and lesser complications, increase in obesity epidemic, growing population and increasing awareness for adoption of laparoscopic procedures. Surge in demand for advanced biologic allograft meshes is further propelling the hernia repair devices market. However, dicey reimbursement policies may pose a challenge to the growth of hernia repair devices.

Some of the key players contributing to the hernia repair devices market include Biomerix Corporation, ConMed Corporation, Covidien PLC, CooperSurgical, Inc., Karl Stroz GMbH, Olympus Corporation, Stryker Corporation, Synovis Life Technologies, Inc. and W.L. Gore & Associates, Inc.

More reports on Medical Devices market:
http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html

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

Wednesday, 28 August 2013

Global Cast Removal Devices Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

The cast removal devices are instruments used for cutting casting material such as orthopedic plaster. These devices possess properties such as high cutting torque and low material speed. The devices are further classified in three categories in accordance to their method of application for cutting such as hand handled device, advanced device and bottom edge device. 

Browse full report at: http://www.transparencymarketresearch.com/cast-removal-devices.html

The hand handled devices cut the orthopedic casts without noise with a few or no debris generation however advanced devices maintain the velocity of the equipment throughout the cast. The bottom edge devices are designed to cut the cast from the bottom of the cast to reduce the risk to skin cutting.

The device can also be classified as cast vacuum, cast spreader, cast cutter and saw. The cast vacuum helps in removing the cast by creating vacuum between skin and cast inner layer. This reduces the itching of skin and also risk of skin cutting. Cast cutter and saw are the blade structured devices used to cut the cast either from bottom up or top down. Cast spreaders are used to split the edges of the cast once it is cut with the cast saw.

Rise in aging population worldwide has increased the incidence of injury and fall which would augment the growth of cast removal devices. In addition, rise in number of accidents worldwide has also increased substantially which would enhance the growth of this market. Moreover, the governments of various nations have improved funding for these devices which would also trigger the growth of this market.  For instance, The Indiana government has granted USD 2 million to OrthoPediatrics Corp. to develop and commercialize their cast removal products. These devices have also created ease for orthopedic surgeons by reducing the risk of skin cutting. 

Some of the major players in cast removal devices include Smith & Nephew Corporation, Stryker Corporation, KMT Robotic Solutions and ViewCast Inc amongst other significant players.

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 
More reports on Medical Devices market: 

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