Ultrasound Sensors Market - Global Industry Analysis 2012 - 2018

The increasing number of applications in healthcare such as Renal Denervation and Sonography along with the miniaturization of these devices particularly for minimally invasive procedures is predicted to drive the market for these sensors in the coming years. Other drivers are the non-invasive procedures performed by HIFU or High Intensity Focused Ultrasound devices which may not even require contact of the device. Acceptance in medical community particularly with regards to safety and efficacy of ultrasound is expected to be a significant driver for these sensors in the coming years.

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Ultrasound has been an integral part of healthcare since its first use in 1942 when Doctor Karl Theodore Dussik of Austria published the first paper on medical ultrasonics on his research. In Sweden Inge Edler and Carl Hellmuth Hertz used ultrasound in cardiology. Ultrasound sensors are used for a variety of medical devices and healthcare. The use of medical ultrasound can be broadly classified into diagnostic ultrasound where high frequency waved penetrate the skin and are received back and converted by the transducer or sensor into an image with the help of an interface device. The other facet is the therapeutic ultrasound sensors which are used to damage tissue through a process called ablation. This ablation is used to removal of tumors, cauterization and other procedures.

The sensor consists of a core piezoelectric crystal placed inside the device. These crystals have the property of changing size when a current passes through them. Thus when an alternate current is passes through them, they increase and decrease in size at a very high rate of speed. This “oscillation” creates vibrations at a high frequency consequently emitting sound waves beyond the hearing range of most animals. Another property of these crystals is that the vibrations or severe change in size in turn create voltage which is converted by computer software to render images.

There are over 20 classes of crystals which are considered piezoelectric and are used for a variety of purposes. Therapeutic ultrasonic sensors are used in catheter based ablation or in treatment of gall stones, kidney stones and uterine fibroids. These devices are also used for numerous cosmetological applications such as acne removal, treating varicose veins and others such as disinfection and cleaning of equipment.

Some of the major companies producing these sensors make them for a variety of medical applications and range from sizes such as hand-held sensors to large ultrasound beds used for therapeutic purposes. Some of the major companies making ultrasound sensors are Migatron Corp, Rockwell Automation, Maxbotix, Pepperl+Fuchs, Omron, Blatek Inc, Vermon, Philips, GE, Acuson, Esaote,  among many others.

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. 

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Continuous Glucose Monitoring (CGM) Market - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2012 - 2018

Continuous glucose monitoring systems are real-time monitoring systems for checking glucose levels in the body. The system consists of a tiny sensor inserted under the skin to test glucose levels in the tissue fluid. The sensor stays in place for several days to a week and then must be replaced. A transmitter sends information about glucose levels via radio waves from the sensor to a pager-like wireless monitor. The key advantage of continuous glucose monitoring is that it can help identify fluctuations and trends that would otherwise go unnoticed with standard HbA1c tests and intermittent finger stick measurements. 

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Development in the multi-parameter mid-range patient monitoring devices can create a new opportunity for further expansion. Collaboration with established local companies can be helpful for manufacturers to provide effective services and maintain profit margins simultaneously. Further cost reduction by integration of continuous glucose monitors with insulin pumps can be helpful for CGMs to achieve significant popularity among the price sensitive Asian consumers.  

The CGM systems market is a highly specialized niche market; it can be further segmented into the market for transmitters-receivers and the one for glucose. The U.S. is contributing the maximum in terms of the total revenue earned from CGMs. The European market is still in a nascent stage and contributes a small amount to the total revenue. The Asia-Pacific region and Brazil also contribute very little to the global revenues.

The CGM systems markets in the U.S and Europe are growing at a fast pace and estimated to reach to a three digit (in USD million) market size globally at a CAGR of double digits. The rapid increase in the number of diabetes patients is the major driving force for the estimated growth. The most important driver for the CGM market in Europe is the need for a convenient, affordable, and patient-friendly device that facilitates superior therapy management for diabetes and this need can be fulfilled by CGM devices.

In the present scenario, the slow growth rate of the market in the Asian region is due to the late launch of CGM systems and a slow acceptance of these systems in low and middle income nations such as China and India due to the unaffordable price. In Japan and Australia, various regulatory approvals are a hindrance for the growth of the market. 

Some of the market players in this industry include Medtronic Inc., DexCom Inc., Abbott Diabetes Care Inc and others.

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. 

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U.S. IVD Market to Exceed $9.5 Billion by 2018 - Transparency Market Research

Tests which are performed in test- tubes or in a controlled environment outside a living organism to provide diagnosis are known as In-vitro diagnostic (IVD) tests. Contemporary IVD industry commonly uses analytical instruments and reagents to perform various tests to diagnose study and monitor various kinds of diseases. The reagents used are specialized chemicals which are capable of reacting with target substances such as tissue, blood, urine etc, found in the sample provided by the patient. Also, the analytical instruments include various equipments that bring the sample and the reagent together for the reaction to happen and automate the process.

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The IVD market of BRIC economies is expected to witness immense growth opportunities due to increased healthcare budgets, increased number of hospitals and technological advancement. Moreover, BRICS is viewed as one of the attractive markets for MNCs concerned with healthcare sector due to the increasing awareness among consumers and large untapped population. Therefore, heavy investments are being made to expand market shares in these areas. However, absence of strict regulations in respect to the patient’s safety is considered as a hurdle for the growth of IVD market, to a certain extent.

The BRICS IVD market is expected to have a healthy growth rate. Various application segments studied in this report include Molecular diagnostics, Clinical Chemistry, Microbiology, Immunology, Hemostasis, Cytology, Cardiac markers, Hormones/marking tumors and Hematology. Clinical chemistry is expected to lead in terms of market size among all the other segments and molecular diagnostics is expected to witness highest growth rate during the forecast period. Among the BRICS nations China is forecasted to account for a larger share of the IVD market followed by Brazil, Russia and India. 

Some of the market players profiled in this report include Abbott diagnostics, Sysmex Corp, Mindray ltd, Oxoid ltd, Beckman Coulter Inc, Diasorin diagnostics spa, Ortho-clinical diagnostics Inc, Horiba ltd, Becton, Dickinson & co., Qiagen N.V, Siemens healthcare, Biomérieux SA, Roche diagnostics Ltd and Bio-Rad Laboratories 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. 

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Global Oncology Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2012 - 2018

Oncology is the study of Cancer. Oncology devices market consists of medical devices involved in diagnosing and treating the disease cancer. The Oncology devices market could be segmented into 2 major categories: by type and by applications. There are two types of Brachytherapy devices and the Endoscopic devices. The segmentation of the market as per the applications is as follows: external radiation beam therapy, Systemic radiation therapy, and the Brachytherapy 

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According to a report by the American Cancer Society 50% of men and 30% women are likely to develop cancer in some form or the other in their lifetime. An increasing amount of cancer patients is the major driver of the sales of the Oncology devices market. The increasing amount of consumption of tobacco and the increasing amount of carcinogens present in the polluted air or in any other form, is also supposed to drive the oncology devices market in the future. Some of the driving factors of the oncology devices market are: rising disposable income, which enables the patient to avail expensive treatments, easily available medical insurance policies, rising medical tourism activities. 

The government policies such as the restrictions imposed by the FDA on medical devices acts as a restraint for the oncology devices market, inability to detect cancer at an early stage or ignoring the early symptoms reduces the chances of survival of a patient, this also acts as a restraint for the market.  The developing countries provide immense opportunities for the Oncology devices market as, such economies have a great demand and the supply is yet to match the demand. Heavy investments in R&D also act as an opportunity, as innovative and technologically advanced products always have the capability of substituting its predecessors.

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One of the major factors restraining the growth of this market is that the new and technologically advanced products like con focal endomicroscopy are replacing the conventional endoscopy devices. The reason for such a substitution is the fact that a con focal endomicroscopy is helping scientists and medical practitioners to detect cancer at a much early stage.

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. 

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It provides a seven-year forecast assessed on the basis of how the market is predicted to grow 

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Global Radiation Detection, Monitoring And Safety Market - Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2012 - 2018

The escalating use of radiation therapy and nuclear medicine for the purpose of treatment and timely diagnosis of diseases are fueling the growth of the radiation detection market. Some of the key factors which influence the rise of this market are the high occurrence of cancer cases, increased awareness among radiation professionals, and a plethora of technological advancements. Radiation protection, also known as radiological protection, focuses mainly on the protection of people and the environment against the harmful effects of ionizing radiation, which encompasses both particle radiation and electromagnetic radiation of high energy.

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The continuous technological upgradations taking place in the radiation protection industry provides ways to solve the present challenges and fill in the gaps of this market. The focus has been on the development of advanced radiation detection devices which incorporates highly advanced technology. Some of the examples of the devices are handheld radiation detectors, gloves, and lead-free aprons etc.

Some of the factors affecting the growth of this market are the inadequacy of proper standardization and calibration procedures for radiation detection devices, scantiness of adequate skill-sets among professionals handling the devices, and the lack of raw materials for manufacturing radiation detection devices. The segmentation of the global radiation detection, monitoring, and safety market can be carried out on the basis of the industry type into five segments namely medical, manufacturing, homeland security, defense, and nuclear power plants.

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Some of the market players in this market are Landauer, Inc. (U.S.), Mirion Technologies, Inc. (U.S.), Radiation Detection Company (U.S.), Thermo Fisher Scientific, Inc. (U.S.), AmRay Medical (Ireland), Bar-Ray Products, Inc. (U.S.), Pro-tech Radiation Safety (U.S.), ProtecX (U.K.), and UnforsRaySafe AB (Sweden).

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 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.

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Pre-Clinical Imaging Market - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2012 - 2018

Pre-clinical imaging is an efficient tool for the evaluation of the anatomical, functional, and physiological status of any organ at a cellular and molecular level. This technology plays an important role in the analysis of the properties and effects of any drug or therapy. It helps in understanding the pathophysiology and other characters of any disease. The global pre-clinical image market has experienced many developments in the past few years owing to macro-environmental factors such as technological innovation, government grants, and funding. Innovative technologies in pre-clinical imaging such as PET + MRI, PET + SPECT + CT, SPECT + MRI will be the major segments which will render the growth of this market owing to their advantages over conventional solitary techniques.

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Some of the major drivers of this market are technological innovation, increase in the scope of pre-clinical research, increased funding by governments, growth in the use of imaging techniques and an increase in the number of pharmaceutical companies. On the other hand, the major restraints which may hold back the growth of this market are the rising cost of imaging systems and the technological void in less developed countries. Consolidation in the pharmaceutical industry and slower growth in the technology adoption rate serve as the key challenges to the market.

The overall pre-clinical imaging market can be segmented into imaging systems market and imaging reagents market. The imaging systems market is further classified into stand-alone systems and multi-modal imaging systems. The multi-modal imaging systems market is segmented into multimodal optical imaging devices and multimodal nuclear imaging devices. The stand-alone imaging systems market is categorized as nuclear imaging, micro-MRI, optical imaging, micro ultrasound, and micro-CT. The imaging reagents market is segmented into nuclear imaging agents, MRI contrasting reagents, optical imaging agents, ultrasound contrast reagents, and CT contrast reagents.

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Geographically, North America is the largest market for pre-clinical imaging systems, followed by Europe. The developing economies of Asia and rest of the world will also emerge as potential markets for such systems. Some of the major players in this industry are Perkin Elmer Inc., Bioscan Inc., Aspect Imaging, Siemens AG, Gamma Medica, and Life Technologies Corporation.

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Medical Devices Outsourcing Market - Global Industry Size, Market Share, Trends, Analysis, and Forecasts, 2012 - 2018

Medical devices outsourcing is the process of contracting with a third party for performing business functions like product design, manufacturing, prototyping, and supply chain management. These functions were initially carried out internally by medical companies. By offering third party manufacturers to perform these processes, medical device manufacturers can focus on their core competencies like clinical and technical innovations. 

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Medical devices outsourcing market is experiencing tremendous growth as many manufacturers are opting to outsource their device manufacturing process. The demand for medical devices outsourcing is increasing as many new entrants are occupying the market and the supporting medical devices companies may not have sufficient staff or technology to develop competitive products. 

Market Segmentation 

Bases on Applications

- Radiology 
- Orthopedic 
- Neurology 
- Cardiology 
- Others (Anesthesia Devices, Dental Devices, Gastroenterology/Urology Devices, Hematology Devices, and Ophthalmic Devices)

This research report analyzes the medical devices outsourcing industry based on different market segments and major geographies. The regions analyzed under this research study are 

- North America
- Europe
- Asia-Pacific
- Rest of the World

This report includes a complete analysis of the current industry trends, industry growth drivers, restraints, market structure, and market projections for the coming years. It also includes an analysis of the recent technological developments in the medical devices outsourcing market, Porter’s five force model analysis, and detailed company profiles of top market players. The report provides a review of the micro and macro factors significant for existing market players and new entrants in the market. 

The major players in the medical devices outsourcing industry are Accellent Inc., Advanced Scientifics Inc., ATEK Medical, Benchmark Electronics, Inc., Code Refinery LLC, Creganna Tactx Medical, EtQ Management Consultants Inc., Greatbatch Inc., Intertech Engineering Associates Inc., Lake Region Medical, Medical Device Consultants Inc., Flextronics International, Memry Corporation, Minnetronix, Inc., Nortech Systems Inc., Plexus Corporation, RTEmd, Sandvik Materials Technology GmbH, HCL's Life Science, Symmetry Medical Inc., The Tech Group, Inc., Vention Medical, and Venture Manufacturing Group.

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