January | 2016 | Lifesciences and Healthcare

Bone Growth Stimulator Market is on Rise due to increase in demand from Medical Industry!

Posted on January 25, 2016 by suchitrabhagat

Bone Growth Stimulators are devices which help promote bone growth in conditions where healing process of fractures is difficult due to over damage. These devices use the technique of applying electric current in order to stimulate healing. Beyond conventional use, these Bone Growth Stimulators are also used as an Adjunct for Spinal Fusion.

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According to analysis, 7.9 Million fractures occur every year in the United States. Since these fractures require treatment or surgical intervention; bone growth stimulators are frequently used. Globally, there has been a significant rise in the geriatric population, leading to majority cases of fractures, and osteoporosis. Clearly, the requirement of treatment for the fractures seems like the main factor that increases the demand for Bone Growth Stimulators.

Market Overview:

Market for Bone Growth Stimulators is expected to grow with the factors like rise in investments for better healthcare facilities in the developed countries leading to increase in demand for non-surgical treatments.

For the Bone Growth Stimulators Market growth in the US, factor constraining the growth includes reimbursement issues.

In Asia, the population of people who are above 65 years of age is expected to touch 440 million by 2020. The incidence of fractures is more prevalent in the geriatric population due to increase in bone related disorders that tag along with old age. The rise in demand for treatment of fractures will provide strong impetus to the Bone Growth Stimulator market in the region.

Table of Contents and Insights:
http://industryarc.com/Report/6345/Bone-Growth-Stimulators-Market-Research-Report.html

Report Scope:

The Bone Growth Stimulators Market is classified on various aspects:

By Type: Invasive Electrical, Non Invasive Electrical and Ultrasound Bone Growth Stimulators.
By Application: Fractures, Spinal Fusion and Others.
By Use Type: Implantable and External Devices.
By Geography: Americas, Europe, APAC and RoW.

Key Players in the Report:

DJO, LLC
Biomet, Inc.
Ossatec Benelux Ltd.
Orthofix, Inc.
Elizur
Smith & Nephew

About IndustryARC:

IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

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Bioactive Wound Dressings has increasingly grown popular among the global market in the past few years.

Posted on January 20, 2016 by suchitrabhagat

Bioactive Wound Care market is a booming industry with its ability to serve patients in a better way as compared to traditional dressings. The Bioactive Wound Care has the potential to replace the conventional methods in the future; because the technology is going to change rapidly the way bioactive wound care is viewed currently. The new players are looking at the opportunity to be a part of the changing market conditions and the increasing number of startups in the market is a clear example of it.

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MARKET TRENDS & MARKET GROWTH:

IndustryARC’s latest market report suggests that the Bioactive Wound Care Market is expected to grow at 5.56% CAGR and cross $4.5 Billion by the end of the forecast period of 2015-2020. A more precise estimation would be $4.9 Billion.

It is accounted that the market for Silver Dressings will be the major contributor during the coming 5 years of observation period. Foam Dressings is accounted to be the largest market segment at the global level.

Regionally, while North America currently dominates the Bioactive Wound Care Market according to market research, APAC seems to be the most promising region in the future forecasted years globally. Europe is viewed to rule the market in second position in terms of contributing to the market’s sales and revenue.

Table of contents and insights:
http://industryarc.com/Report/5344/Bioactive-Wound-Care-Market-Analysis-Report.html

Major Market Driving Factors:

Rising Aging Population which has led to increasing diabetes and obesity problems among people has been acting as a market driver for the Global Bioactive Wound Care Market. Along with the requirement in the society, governments have as well been taking initiatives for funding of wound care products. Other notable drivers would be that, a positive trend shall be witnessed because of the aging population in major economies such as China and USA. The reduction in healing time, affordability and clinical efficacy are the major factors for developing a sustainable market in these regions. Also, Asia is poised to grow at the highest CAGR during the forecast period, owing to the increasing awareness for wound healing products, rising aging population, rising diabetic wounds due to changing lifestyle factors, and growing population with pressure ulcers.

REPORT SCOPE:

This report gives an in-depth segmentation of the market by mode of interaction. It also segmented by end use verticals and key geographic regions like North America, Europe and Asia-pacific. Cost analysis, pricing analysis and the overall competitive landscape of key players are also analyzed in great detail in the report.

Competitive landscape for each of the product types is highlighted and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of the key players for 2015 are provided. The report contains the most detailed and in-depth segmentation of the Global Bioactive Wound Care market.

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Market Segmentation:

Bioactive Wound Care Market is divided into 2 broad classifications based on the factors given below. Not to forget, the main categories sub divided into further segments for a better understanding of the market overview.

By Mode of Interaction: First Line Interactive Dressing and Second Line Interactive Dressing.
By Geography: North America, USA, Europe, APAC and ROW.

Key Market Players:

Few of the notable competitors of this market which are well studied and included in this research report are:

Acelity L.P., Inc.
Molnlycke Healthcare Group
Covalon Technologies Ltd.
Organogenesis Inc.
Coloplast As
Convatec , Inc.

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The Tissue Banking Market will witness an enormous growth in APAC which is escalating at a greater CAGR.

Posted on January 8, 2016 by suchitrabhagat

Tissue banks are generally used to store human tissue such as blood, bone, heart valves, skin, cornea, blood vessels and soft tissues which can be utilized later on to cure different disorders such as neurological diseases, cardiovascular, cancer, diabetes mellitus and other autoimmune diseases. The process of extracting the tissue and integrating it into the living body is known as grafting. The grafting is primarily performed under three different conditions namely Allotransplantation, Autotransplantation and Xenotransplantation.

According to a recent study from IndustryARC, the global tissue banking market size was $33.5 billion in 2014 and is growing at a CAGR of 5.62% from 2015 to 2020. Tremendous advancements in drug discovery, clinical trials, regenerative medicine, bio-banking, increased investments by governments and private organizations are the factors accelerating the growth and development of the tissue banking market. The tissues can be extracted from a deceased person or a live person and is solely dependent upon the rightful consent of the donor, or the associated family members. On a global scale, an estimated 133,700 people registered as tissue donors in 2014.

Table of contents and insights:
http://industryarc.com/Report/237/tissue-banking-market-research-analysis-report.html

Chronic diseases are the leading cause of death globally. As per the WHO, worldwide deaths due to chronic diseases and disease burden rates have 45% and 86% share respectively under the 70 years of age group. Tissue banking is a novel way to treat myriad of chronic diseases including blood disorders, immune diseases and in the development of regenerative medicine. Stem cells, which have a property to differentiate into specialized type of cells, can be used for specific purposes like cell based therapies and drug screening and have capability to treat more than 80 diseases. The collection and storage of cord blood at time of baby birth is gaining popularity due to the rich source of stem cells and its use in the treatment of various medical conditions. Bone grafts for instance can be used to enhance orthopaedic repairs and improve bone healing. Tissue banks provide a completely new perspective on dynamic and functional aspect of diseases by providing detailed information on gene and protein expression patterns that will drive the market in future.

Recently, in April, 2015, BioStructures LLC announced that they received FDA clearance for their new Silhouette Bone Graft which allows improved introduction of autogenic bone marrow aspirate, allowing for improved healing. Additionally, in April, 2015, Professor Grima from University of Malta proposed a model under which skin grows fat when stretched. Since the amount of skin to be removed for grafting is limited, it is a problem in cases of treating large areas. So, this could prove to be a breakthrough in the field of skin grafting for it can solve the problem of limited skin availability.

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Human tissues are used for medical research to help scientists understand the root cause of disease and also help in finding new ways of diagnosing and treating a disease. There are different types of research studies underway, which are associated with human tissues such as testing new treatments for heart diseases, diabetes and other such diseases, to understand the working of immune system, to study the working of stem cells and so on. According to Industry ARC analysis, the skin & soft tissue market is expected to grow at a CAGR of 7.98% & 4.9% respectively and total tissue banking market is expected to reach $45.5 billion by 2020.

The key global players in tissue banking market are

CCLG tissue bank
Taylor-Wharton International LLC
Tecan Group Ltd
Biocision LLC
Thermo fisher Scientific

All the 5 companies hold a significant market share in the industry globally with a few smaller players showing presence regionally.

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Optical Imaging Market set to succeed at the CAGR rate 11.3% during forecast period, 2014-2020.

Posted on January 7, 2016January 22, 2016 by suchitrabhagat

According to IndustryARC, the Global Optical Imaging Market is estimated to be growing at a CAGR 11.3% from 2014 to 2020 to reach revenue of $1.9 Billion in 2020.

It is noted that the market is presently owned by OCT technology which was accounted to be around $1.2 Billion in 2013. Carl Zeiss and St. Jude Medical are the pioneers of this technology and almost every set up comes with OCT technology. HSI, NIRS and PAT are emerging technologies in the optical imaging market with a few other players in the market.

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Market Trends & Growth:

Increasing enhancement for the quality of healthcare services delivered in both developing and developed economies across the globe has been driving the demand for Optical Imaging Systems in hospitals and clinics.

The primary reasons driving the Optical Imaging Market are technological advancements, growing demand for noninvasive and safer diagnostic modalities, changing demographics of the medical technology sector, and the increasing use of optical imaging technology in translational research and therapeutic and diagnostic applications.

Optical Coherence Tomography (OCT), Photo-Acoustic Tomography (PAT), Hyper Spectral Imaging (HSI) and Near-Infrared Spectroscopy (NIRS) are technologies are expected to drive the Global Optical Imaging Market for the coming five years.

However, the high cost and data requirements, stringent government regulations, and the lack of skilled operators are restraining the growth of this market to a certain extent.

Table of contents and insights:
http://industryarc.com/Report/127/global-optical-imaging-devices-market-research-report.html

REPORT SCOPE: Market Segmentation:

Optical Imaging Market is segmented into simple 3 types based on the following factors:

By Products: Oct Systems, Hyper Spectral Domain Oct and Photo Acoustic Tomography.
By End User: Hospitals, Clinics and Research Institutes.
By Geography: Americas, Europe, APAC and ROW.

Key Players:

The top 5 notable strongest players of the market accounted to up to more than 75% of the total market share. Few competitors mentioned in this market report by IndustryARC:

Lighthouse Imaging Llc
Carl Zeiss Meditec Ag
Optos
Michelson Diagnostics Ltd
Headwall Photonics
Canon, Inc.

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Month: January 2016