healthcare medical device

Friday, 31 July 2020

Pediatric Medical Device Market Size: Development, Growth, Trends, Demand, Analysis and Forecast 2025

Pediatric Medical Devices Market Research Report: Information by Product [Cardiology Devices, In Vitro Diagnostic (IVD) Devices, Diagnostic Imaging Devices, Telemedicine, Anesthesia and Respiratory Care Devices, Neonatal ICU Devices, Monitoring Devices and others], End User (Hospitals, Pediatric Clinics, Ambulatory Surgery Centers, Research and Academic Institutes and others) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) – Forecast till 2025

The global Pediatric Medical Device Market is growing pervasively, mainly due to the innovations and new technologies. The emergence of futuristic pediatric medical devices has revolutionized the childcare completely. What lightning does to mushrooms, advancements in technology are doing to the Pediatric Medical Device Market Size, allowing it to flourish lavishly.

Besides, increasing regulatory approvals and issued patents are accelerating the growth of the market. According to Market Research Future (MRFR), the global Pediatric Medical Device Market Size is expected to garner exponential accruals by 2023. In its recently published research, MRFR also asserts that the market would register a CAGR of over 10.5% throughout the forecast period (2017-2023).

Countries across the globe have become extremely responsive towards child healthcare, which is a key driving force behind the growth of the market. There are substantial funding programs from the governments, delving into the financial, regulatory, and design constraints associated with the developments of these devices.

Also, public and private sectors make considerable investments to drive challenging endeavors of R&D for the development of pediatric medical devices, treatments, and overall healthcare. The successful combination of information technology (IT) and healthcare catalyzes the overall growth of the market.

On the other hand, lack of funds and stringent & unclear regulatory framework, alongside, the growing data security are impeding the market growth, especially in underdeveloped and developing regions. Nevertheless, favorable reimbursement policies, along with the ongoing product developments & commercialisations would support the market growth to an extent.

Global Pediatric Medical Device Market Size   – Segments The report is segmented into three dynamics to widen the scope of understanding,
By Device Type         : Infant Caps, New-born Hearing Screener, Cranial Orthosis, Infant Warmer, Incubators, and Bililights, among others.
By End-users                         : Hospitals & Clinics, Pediatrician & Doctors, among others.
By Regions                : Europe, North America, APAC, and the Rest-of-the-World (RoW).

Global Pediatric Medical Device Market Size – Regional Analysis

North America dominates the global Pediatric Medical Device Market Size with a significant market share. The region owns superior medical facilities and flourishing medical device sectors, which impact the market growth, positively. Moreover, the rising prevalence of juvenile diabetes and chronic diseases related to heart, digestive, and kidney health among adolescents foster regional market growth.

Besides raising awareness about adolescent health is creating a massive demand for medical devices in pediatric hospitals and clinics. Factors such as huge technological advancements and the enormous uptake of advanced medical devices led by the high per capita healthcare expenditures are commutatively impacting the market growth, to an extent.

The US market, led by the rising obesity disorder among children accounts for a significant share in the North American Pediatric Medical Device Market Size. Furthermore, well-established healthcare infrastructures, specially designed for childcare with their skilled professionals & doctors, are pushing up the market growth in the region.
Europe stands second in the global Pediatric Medical Device Market Size, flowing the North American market closely. The resurging economy in this region acts as a major tailwind behind the regional market growth, availing the best possible child healthcare and increasing healthcare expenditures. Additionally, government support fosters market growth in the region, encouraging the manufacturers to develop new and better devices.

The Pediatric Medical Device Market Size in the Asia Pacific region has emerged as a lucrative market globally. Factors such as the high birth rate and rapidly improving healthcare infrastructure in the APAC region are influencing the market growth, positively. Furthermore, the rapidly growing markets in India and China are expected to provide immense opportunities for the growth of pediatric medical devices.

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Competitive Landscape

The presence of several notable players intensifies the competition in the already highly competitive and diversified market. These players manage to gain a substantial market share by driving R&D activities required for the development of new devices and technologies.

They also invest continually to incorporate strategies such as mergers & acquisitions, collaboration, expansion, and new product/technology development. They tap the emerging markets in developing regions to expand their business further. They compete with each other based on product reliability, quality, cost, and aftermarket services.

Major Players:

Players leading the global Pediatric Medical Device Market Size include Abbott (US), General Electric Company (US), Johnson & Johnson Private Limited (US), Medtronic (Ireland), Siemens AG (Germany), Koninklijke Philips NV (Netherland), Novamed (US), Phoenix Medical Systems USA (US), Phoenix Medical Systems (P) Ltd. (India), and Pega Medical (US), among others.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and Wherever Required We Will be Considering Covid19 Footprints for a Better Analysis of Markets and Industries. Cordially Get in Touch for More Details.

Allergy Skin Test Market Set to Witness an Uptick during 2018 to 2023

Allergy Skin Test Market Information: By Type (Prick, Intradermal, Patch), Indication (Allergy Rhinitis, Allergic Asthma, Drug Allergy, Anaphylaxis, Urticarial, Food Allergy), End User (Hospitals & Clinics, Diagnostic Centers) – Global Forecast till 2023

Allergies are medical conditions triggered by reactions to various substances such as pollen, dust, weeds, and others. They are physically characterized by spots on the skin, coughing, and other symptoms. Allergy skin tests are a trustworthy option for ascertaining the presence of allergies in a patient. The global allergy skin test market report by Market Research Future (MRFR) lists out drivers, trends, and challenges in a detailed and comprehensive manner.

Market Overview

The Global Allergy Skin Test Market is touted to attain a significant valuation at a CAGR of 8.2% during the forecast period (2017-2023). High reported cases of allergies such as asthma, allergic conjunctivitis, and rhinitis is one of the primary drivers of the market. According to the World Health Organization (WHO), close to 40 million cases of allergies related to inhalation have been reported in 2012. Large number of patients with allergies due to consumption of drugs and massive demand for allergy tests are other drivers expected to augur well for the market growth.

Availability of diagnostics and therapeutics at major hospitals is estimated to widen the scope of the market till 2023. Accuracy and reliability of these tests can foster the market growth. Change in lifestyles, poor dietary habits, increasing levels of indoor and outdoor pollution, and rapid urbanization can influence the market growth. Introduction of specific allergen in the tests to enhance its accuracy can do wonders for the global allergy skin test market.

Segmentation
The global allergy skin test market is segmented by type, indication, and end-user.
By type, it is segmented into patch, intradermal, prick, and others.

By indication, it is segmented into urticarial, anaphylaxis, allergy rhinitis, allergy conjunctivitis, drug allergy, and others.
By end-user, it is segmented into diagnostic centers, hospitals & clinics, and others.

Regional Analysis

The Middle East & Africa (MEA), Europe, Asia Pacific (APAC), and the Americas are the main regions considered during the compilation of the market report.
Europe is the biggest and most lucrative region for the global allergy skin test market due to prevalence of anaphylaxis and demand for rapid diagnostic services. The market will thrive due to high cases of allergies being reported. As per European Academy of Allergy and Clinical Immunology, nearly 150 million in the European Union (EU) suffer from some form of allergic disease.

The Americas held close to 30% market share in 2016. It can experience a massive upheaval in demand due to rise in the cases of allergies in the U.S. According to the American College of Allergy Asthma and Immunology, eczema, food allergy, and allergic asthma are the most common types found in the region. The availability of technologically advanced tests to ascertain their presence at a preventive stage can bode well for the market.

The APAC region can display a strong CAGR during the forecast timespan due to high prevalence of allergic asthma due to rise in pollution levels. Other factors which can influence the sales of allergy skin tests are availability of portable devices and mobile applications which can lower the price of the product by a considerable degree. Presence of minimally invasive diagnostic techniques, unmet patient needs, and improvement in the healthcare infrastructure can bode well for the market growth.
The MEA region can exhibit a modest rise in demand for allergy skin tests due to high incidence of chronic respiratory diseases

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Competition Outlook

Lincoln Diagnostics, Inc., Cell Science Systems, Novartis Global, Quest Diagnostics Incorporated, HollisterStier Allergy, Thermo Fisher Scientific, and Arlington Scientific, Inc., are prominent names in the global allergy skin test market. Innovation in products and services as well as changes in the supply chain are taken into consideration by these players for accelerating the production rate and getting the product faster to clients.

Industry News

The Colourstart test has been approved by the Medicines and Healthcare products Regulatory Agency (MHRA) in the U.K. to be sold for teens starting from the age of 16. The test contains two skin patches which can be used to discern an allergic reaction to hair dye which contains the chemical, paraphenylenediamine (PPD).

Duodenoscopes Market to Register Substantial Expansion by 2018 to 2023

Duodenoscopes Market Information: By Types, (Rigid Duodenoscopes and Flexible Duodenoscopes), By Application, (Diagnosis and Treatment), By End User (Gastrologists, General and Pediatric Surgeons, Hospitals, Speciality Clinics, and Others) – Global Forecast till 2023

Global Duodenoscopes Market – Overview

Duodenoscope is flexible, lighted weighted tubes that are released through the mouth, throat, and stomach into the top of the small intestine. These are specially designed side viewing endoscope for Endoscopic Retrograde Cholangiopancreatography (ERCP) procedures, which will help to diagnose diseases associated with pancreas and bile ducts with the help of fluoroscopic imaging procedure. Duodenoscopes are being used in more than 650,000 gastrointestinal procedures in the U.S every year. This is a minimally invasive way to drain out fluids from biliary and pancreatic ducts which are blocked by cancerous tumors, gallstones or others. The global Duodenoscopes Market is expected to grow at a CAGR of 6.83% during the forecast period 2017-2023.

Duodenoscope is a more complex device with respect to other endoscopes and is tougher to clean and disinfect. These devices plays an essential role in the treatment of patients, but there has been some evidences which shows that some patients have been transmitted with hospital born and other infectious agents, including antibiotic drug-resistant infections due to these devices. In 2013, the Centers for Disease Control and Prevention (CDC) alerted the FDA regarding possible association of multidrug resistant bacterial infections and duodenoscopes. From January 2013 through December 2014, ERCP was associated with infections in 135 patients.

FUJIFILM Holdings Corporation, KARL STORZ GmbH & Co. KG, PENTAX Medical, Olympus Corporation, Custom Ultrasonics, Inc., ENDOMED, and SonoScape and others are some of the prominent players at the forefront of competition in the global duodenoscopes market and are profiled in MRFR Analysis.

The market of duodenoscopes is growing moderately. Increasing prevalence of pancreatic, bile duct cancer tumors and various gastrointestinal conditions are the major factors contributing to the growth of the global duodenoscopes market. In addition, increasing research and development and technological advancements to identify the causes and risk factors for transmission of infectious agents with duodenoscopes and developing new solutions to minimize patient exposure is another major driver, fuelling the global duodenoscopes market growth. However, increasing FDA recalls for duodenoscopes due to challenging cleaning and high-level disinfection procedures and rising multidrug-resistant bacterial infections are major factors which are restraining the growth of global duodenoscopes market.

According to the latest WHO report (World Health Organization), in 2015, 8.8 million people died across the globe from cancer, which is nearly 1 in 6 of all the global deaths. According to the WHO, approximately 70% of deaths from cancer occur in low- and middle-income countries. Moreover, according to a report by the World Gastroenterology Organization, (2014), 35-40% of world’s total population had acute or chronic GI complication.

Industry Updates
May, 2015 Fujifilm Holdings Corporation has acquired company TeraMedica, Inc., in the United States
Jan, 2017 PENTAX Medical had acquired C2 Therapeutics to expand interventional endoscopy offering
Aug, 2014 Fujifilm, TMDU and Sao Paulo University Hospital signed an agreement for the promotion of diagnostic system for colorectal cancer in Brazil
Jul, 2017 PENTAX Medical has announced the collaboration with AOHUA to improve the standard of patient care and quality of healthcare
Jul, 2016 PENTAX Medical launched new high-definition pulmonology endoscopy system to deliver outstanding HD image quality

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Global Duodenoscopes Market – Regional:

Geographically, the regional market is segmented into America, Europe, Asia Pacific, and the Middle East & Africa.
The Americas account for the major share of the market owing to the presence of patient population, well-developed technology, and high healthcare expenditure. To improve the quality of the diagnosis & treatment, the demand for the advanced devices have increased. According to the National Institute of Diabetes and Digestive and Kidney Diseases, approximately 60 to 70 million people are affected by either major or minor GIT diseases.

Europe holds the major share of the market, which is majorly contributed by Germany, the U.K., and France. The major driving factor of the market are increasing prevalence of gastrointestinal diseases, increasing government support for development of healthcare domain, and well developed technology. Moreover, increasing emphasis on rapid diagnosis and treatment of cancer and infectious diseases, change in lifestyle, high prevalence of cancer among geriatric population drives this market in Europe.
Asia Pacific is the fastest growing duodenoscope market owing to rapidly changing healthcare sector, and the presence of huge opportunities for the development of this market. However, the Middle East & Africa has the least share in the market owing to the presence of poor and slow developing countries, especially, in African region. The Middle East holds the major share of the regional market due to well-developed technology and high spending.

Thursday, 30 July 2020

Inguinal Hernia Market Size Incredible Possibilities and Growth Analysis and Forecast To 2023

Inguinal hernia is a condition in which a part of small intestine bulges through its walls. It is one of the types of hernia, which is the most common in both the developing and developed countries across the globe.

The global Inguinal Hernia Market is expected to show a high growth over the forecast period owing to rising number of patients with inguinal hernia and increasing number of surgical procedures performed for hernia repair. Furthermore, growing demand for hernia repair devices boost the market growth. However, high cost hernia repair devices restrains the growth of the market in nations in Africans region and other developing countries.

Taste the market data and market information presented through more than 120 market data tables and figures spread over 200 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Inguinal Hernia Repair Market Size research report–Global forecast till 2023.”

Major Players in Inguinal Hernia Repair Market Size

Some of the key players in the global market are Ethicon, Inc. (U.S.), Medtronic (U.S.), C.R. Bard, Inc. (U.S.), Atrium (U.S.), W.L. Gore & Associates Inc. (U.S.), Acelity (U.S.), and B Braun Melsungen AG (Germany).

Regional Analysis:

America is the largest market for inguinal hernia owing to rising prevalence in the U.S. and increasing surgical procedures cases such as groin hernia repair.
Europe is the second largest market owing to increasing prevalence of inguinal hernia and extensive demand for hernia repair devices. The U.K is expected to be the largest market in Europe over the review period. According to the New England Journal of Medicine, in 2014 more than 90,000 surgical intervention for inguinal hernia were performed in Europe.
In Asia Pacific, rising demand for laparoscopic procedures for inguinal hernia. India is expected to be the largest market in Asia Pacific followed by China and Japan.
The Middle East & Africa also shows a steady rise in the market owing to extensive use of hernia mesh devices for surgeries in the Middle East. In the Middle East, Iran is expected to be the largest market followed by Saudi Arabia. In Africa, high cost of hernia repair restrained the market growth.

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Segmentation

The global Inguinal Hernia Repair Market Size is segmented on the basis of type, diagnosis, treatment and hernia mesh devices.
On the basis of types, market is segmented into direct and indirect hernia.
On the basis of diagnosis, the market is segmented into physical examination and imaging test. Imaging tests is further segmented into abdominal ultrasound, CT scan and Magnetic Resonance Imaging (MRI).

On the basis of treatment, the market is segmented into open hernia repair, laparoscopy, and others.
On the basis of hernia mesh devices, the market is segmented into synthetic mesh, and biologic mesh.

Cardiac Valve Market Research Forecast, Regional, Trends and Analysis to 2023

Cardiac Valve Market Growth And Application By Types (Trans-Catheter Heart Valve, Tissue Heart Valve, And Mechanical Heart Valve, And Others), By Diseases (Aortic Valve Replacement, Heart Valve Disease, Mitral Valve Stenosis, And Others), By Treatment (Valve Replacement, Valve Repair, And Others), And By End Users (Cardiac Research Institute, Hospital & Clinics, And Others) – Europe, Middle East & Africa Forecast Till 2023

The increased prevalence of heart-related diseases is promoting the use of cardiac valves to treat the conditions. Reports that analyze the medical device industry has been presented by Market Research Future, which produces reports on industry verticals that evaluate the market development and opportunities. Cardiac Valve Market is expected to grow at a CAGR of 6.5% during the forecasted period.

The sedentary lifestyles that are prevalent in urban areas have led to the spike in cardiovascular diseases, which is in turn expected to motivate the cardiac valve market in the coming years. Moreover, increased elderly population base and consumption of unhealthy food items are expected to alter the development of the cardiac valve market in the forecast period.

Segmental Analysis

The analysis of the segments the cardiac valve market is segmented on the basis of types, diseases, treatment, region, and end-users. Based on the types, the cardiac valve market is segmented into tissue heart valve, trans-catheter heart valve, mechanical heart valve, and others. Based on the disease, the cardiac valve market is segmented into heart valve disease, aortic valve replacement, mitral valve stenosis, and others. The segmentation of the cardiac valve market on the basis of treatments comprises of valve repair, valve replacement, and others. The end-users based segmentation of the cardiac valve market consists of hospital & clinics, cardiac research institute, and others. On the basis of regions, the cardiac valve market is segmented into Africa, Europe, APAC, the Middle East, and the Americas.

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Detailed Regional Analysis

The regional appraisal of the cardiac valve market notes that the Americas region largely comprises of South America and North America out of which North America governs the market due to the incidence of a huge number of patients with cardiac diseases, growing geriatric population, and mounting healthcare spending. The European region is the next highest revenue-generating region in the cardiac valve market. The more developed nations in Western Europe such as France, Germany, and the UK are controlling the major market portion, whereas the East European nations are also increasing at a substantial rate. Furthermore, factors like the evolving healthcare infrastructure and growing healthcare expenditure will lift the market evolution in this region. In the Asia Pacific region, growing government backing for research & development in the healthcare area and a mounting number of cardiovascular diseases are driving the progress of the market in this region. The Middle East & African region is anticipated to show a minimum market share owing to reduced availability of medical facilities, and limited development in the healthcare domain.

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Competitive Analysis

The profitability in the market is enhanced significantly by the existence of strong strategies deployed by market players. The identification and use of apposite media channels are expected to transform the market development in the coming years. The market is ushering in a phase of development that is expected to be motivated by the positive factors in the market. The demographics present in the market present a favorable outlook in terms of product expansion and future growth potential. The strategies in the market are being aimed at improving the overall progress of the market, with the business models taking into account all contingencies that may arise in the coming years. The pull created by the businesses in the market by positioning marketing policies and events is additionally growing the development of the market. The improvement of production resources is likely to stimulate the market’s improvement in the forecast period.

The substantial players in the cardiac valve market are Edwards Lifesciences Corporation (U.S.), Boston Scientific Corporation (U.S.), St. Jude Medical, Inc. (an Abbott Laboratories Company) (U.S.), Lepu Medical Technology Co., Ltd. (China), Jenavalve Technology, Inc. (Germany), LivaNova PLC (U.K.), Symetis SA (Switzerland), CryoLife, Inc. (U.S.), TTK HealthCare (India), Medtronic, Colibri Heart Valve, LLC (U.S.), and Braile Biomédica (Brazil) to name a few.

Americas Gastrointestinal Drugs Market: Growth Factors Details for Business Development, Key Companies, Current Challenges and Forecast By 2023

Gastrointestinal (GI) infections are common problems which are resolved rapidly but aggravate in certain healthcare settings. There are recorded cases of 3-6 million children dying due to gastroenteritis worldwide. Gastrointestinal agents are recommended by doctors and clinicians to alleviate problems caused in lupus, gastroesophageal reflux disease (GERD), and others. Market Research Future (MRFR) has focused on specific trends and GI diseases in the Americas gastrointestinal drugs market report while keeping a finger on drug developments by large pharmaceutical companies.

Market Outlook

The Americas Gastrointestinal Drugs Market is poised to reach a stellar size of USD 53.9 Bn by 2023. It can exhibit a CAGR of 5% from 2017 to 2023 (forecast period). The market is anticipated to gain high dividends from over-the-counter (OTC) drugs as well as high incidence of GI diseases. Large number of patients being diagnosed with GI in healthcare settings combined with change in diets due to deviating lifestyles pursued by patients can drive the market demand over the forecast period.

Studies conducted by private firms in collaboration with universities or research groups have placed ranitdine, omeprazole, and sodium alginate as highly recommended drugs for treating GI disorders with minimum adverse effects. Prescription of histamine blockers or proton inhibitors for treating symptoms of heartburn can augur favorably for the market.

Rising awareness levels of GI and its associated disorders, accessibility to these drugs, and a notable rise in research and development activities are other major drivers expected to facilitiate market growth. Need for novel medications for the treatment of the malady can provide an abundance of growth opportunities to players.

Segmentation Analysis

The Americas gastrointestinal drugs market is segmented by disease type, route of administration, drug category, and end-user.

By disease type, it is segmented into inflammatory bowel diseases, gastroesophageal reflux disease, and others. Inflammatory bowel diseases are further segmented into Crohn’s disease and ulcerative disease. Ulcertaive disease is sub-segmented into acute severe ulcerative colitis, left sided colitis, pancolitis, ulcerative proctitis, and proctosigmoiditis.

By route of administration, it is segmented into parenteral, rectal, and oral.

By drug category, it is segmented into anti-emetic, anti-inflammatory, acid neutralizers, laxatives & anti-diarrheal, and others. Acid neutralizers are segmented into proton pump inhibitors, H2 antagonists, antacid, and others.

By end-user, it is segmented into retail pharmacies, hospital pharmacies, and others.

Regional Analysis

North America and South America are regions taken into consideration in the compilation of the Americas gastrointestinal drugs market report.

The North America region is expected to remain dominant due to the large numbers of the elderly and increasing cases of GI diseases. Hectic lifestyles and changes in dietary patterns among patients in the region are major drivers of the market. Prevalence of chronic diseases which can cause GI diseases as a side-effect combined with supportive healthcare insurance policies which cover drug reimbursement can bolster the Americas gastrointestinal drugs market revenue till 2023. Rapid approvals by federal agencies as well as expansion of the product pipeline can work in favor of the Americas gastrointestinal drugs market.

Competitive Analysis

Major industry participants in the global whiskey market include Takeda Pharmaceutical Company Limited, Valeant Pharmaceuticals, Eisai Co., Ltd., Abbott Laboratories, AbbVie Inc., Allergan Plc, Janssen Biotech Inc., Bayer AG, Evoke Pharma, Sanofi, Boehringer Ingelheim GmbH, GlaxoSmithKline Plc., AstraZeneca, and others.

Partnerships, agreements, collaborations, and mergers & acquisitions are major strategies employed by these players to gain their edge in the market. Recently, AstraZeneca plc entered an agreement with Tillots Pharma for the development of Encort. Encort is a medicine for alleviating the pain levels of patients with Crohn’s disease. The agreement will allow Tillots to distribute the medicine by paying a considerable share to AstraZeneca for development and production of Encort capsules outside the U.S.

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Industry News

Diroximel Fumarate, a novel iteration of fumarate, has showcased positive effects when tested in the clinical trial of patients with relapsing-remitting multiple sclerosis (RRMS). The study, a collaboration between Biogen Inc and Alkermes plc, has low adverse effects as compared to dimethyl fumarate.

Cardiac tamponade Market Overview, Dynamics, Supply & Demand, Analysis & Forecast by 2023

Cardiac Tamponade Market Information: By Diagnosis (XRay, Computed Tomography (CT), Magnetic Resonance Imaging (MRI), Coronary Angiography, Electrocardiogram (EKG), others) By Treatment (Surgery(Pericardiocentesis, Thoracotomy, others), Drugs (Antibiotics, Blood Volume Expanders, others)) By End Users – Global Forecast till 2023

Market Highlights:

Cardiac tamponade Market, is the buildup of fluid in the sac around the heart (pericardium) resulting in pressure and difficulty in compression of the heart. Difficulty in compression of the heart results in reduced blood volume to be pumped by the heart. The symptoms of cardiac tamponade include shortness of breath, weakness, lightheadedness, cough, fatigue, swelling of the abdomen, veins in the arms or legs, or other areas, pale skin, or skin that is blue- or graytinted, rapid heartbeat, anxiety or restlessness, fainting etc. The causes of cardiac tamponade are cancer, kidney failure, chest trauma, and pericarditis, connective tissue diseases, hypothyroidism, aortic rupture, following cardiac surgery, tuberculosis etc. Cardiac tamponade can be lifethreatening if not treated. Risk factors which increases the chances of cardiac tamponade include heart surgery, heart attack, injury to the heart, endstage lung cancer, radiation therapy to the chest, hypothyroidism, systemic lupus erythematosus etc.

The diagnosis segment of cardiac tamponade especially the noninvasive Magnetic Resonance Imaging (MRI) is growing fast. Magnetic Resonance Imaging (MRI) is the diagnostic test ofchoice. The surgery segment is led by pericardiocentesis which involves drainage of the fluid by use of a needle. Cardiac tamponade has a frequency of approximately 2 per 10,000 per year in the US.

The market drivers for cardiac tamponade market are increasing cardiac cases such as heart attack, other factors includes cancer, kidney failure, endstage lung cancer, hypothyroidism,rising screening and penetration of healthcare, growing awareness about cardiac diseases and growing income and healthcare expenditure etc. The market restraints are cost of cardiactamponade surgery, complications and risk of the surgery, invasive nature of treatment etc.

Global Cardiac tamponade Market Players

Key players profiled in the report are Boston Scientific Corporation, Medtronic, Inc., St. Jude Medical Inc.,Hitachi, Ltd., Koninklijke Philips N.V., Siemens Healthcare Private Limited, and Toshiba Medical Systems Corporation, General Electric Company, and others.

Regional Analysis

The Americas accounts for a significant market share owing to extensive use of medications and high expenditure on the health care. Additionally, the fastest uptake of new drugs in te US drives the cardiac tamponade market. Also, concentration of major research companies in the developed countries of this region is adding fuel to the market growth. The large USexpenditure on healthcare accounting to 16% of GDP also cruises the sale of cardiac tamponade treatment. The large number of specialized cardiac centres in the US also drives the market.

Europe is the second largest market in the world due to high income and healthcare penetration. Europe is led by nations such as Germany and France. UK is expected to be the fastest growing market.

Asia Pacific region is expected to grow rapidly and China and India are likely to lead this market due to fast growing healthcare sector during the forecast period.

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Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. The development of large hospitals such as the King Fahd hospital in Riyadh is driving the market. The African region is expected to witness a moderate growth owing to poor economic and political conditions and poor healthcare development.

Taste the market data and market information presented through more than 50 market data tables and figures spread over 80 pages of the project report. Avail the in depth table of content (TOC) & market synopsis on “Global Cardiac tamponade Market” Research Report – Forecast till 2023.

Segmentation

The global cardiac tamponade market has been segmented on the basis of diagnosis, treatment, and end user.

Based on diagnosis, the market has been segmented as X ray, Computed Tomography (CT), Magnetic Resonance Imaging (MRI), coronary angiography, electrocardiogram (EKG), and others.

Based on treatment, the market has been segmented as surgery and drugs. The surgery segment has been subsegmented as pericardiocentesis, thoracotomy and others. The drugs segment has been sub segmented as antibiotics, blood volume expanders and others.

Based on the end user, the market has been segmented as hospitals & clinics, academic and research and others.

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