Intravenous (IV) Solution Market To Experience A Hike In Growth By 2027

Intravenous (IV) Solution Market Overview

The emergence of the intravenous (IV) solutions market is attributed to the increasing geriatric population coupled with prevalence of malnutrition in the elderly population. This market is estimated to expand at a CAGR of 7.69% during the forecast period to reach a value of USD 11,511.2 million by 2022. The commonness of cancer is anticipated to quickly increment by around 70% in the following scarcely any decades. Stomach malignant growth is one of the main 5 diseases influencing the populace. These patients are ‘nil by mouth’ and need to depend on Total Parenteral Nutrition (TPN) for survival. Besides, a few patients enduring with cutting edge disease create anorexia, which decreases their survival time. These patients react inadequately to chemotherapy and experience the ill effects of raised harmfulness. This condition is reduced by fringe or all out parenteral sustenance.

An enormous partner of the populace over 60 years or more is available over the globe, which is inclined to creating gastrointestinal, cardiovascular, and neurological illnesses, wounds, and malignancies. Then again, headway in surgeries and medications has expanded the future. The various surgeries require medicinal consideration, thusly bringing about longer hospitalization. IV nourishment shapes a necessary piece of any treatment to satisfy dietary prerequisites and help in quicker recuperation in patients.

In July 2016, a state government in India suggested to all the hospitals regarding taking appropriate precautionary measures before the medical use of IV solutions. Programs including Special Nutrition Program, Integrated Child Development Service Program, and CARE Assisted Nutrition Programs, by the government to offset the existent problem of malnutrition in the country. These kinds of programs are estimated to propel growth of the global intravenous (IV) solutions market.

Intravenous (IV) Solution Market Competitive Analysis:

The key players operating in the global Intravenous (IV) solutions market include Fresenius Kabi AG, B. Hospira, Braun Melsungen AG, and Baxter. The players are trying to offer newer products for several health conditions.

Intravenous (IV) Solution Market Segmentation:

The global Intravenous (IV) solutions market is segmented based on type, nutritional content, end users, and region.

In terms of type, the global Intravenous (IV) solutions market is categorized into peripheral parenteral nutrition, and total parenteral nutrition.

Based on the nutritional content, the market is segmented into amino acid solution, carbohydrates, vitamins & minerals, parenteral lipid emulsion, and other.

Based on the end user, the market is segmented into hospital & clinics, ambulatory, and home care. Of these, the hospital and clinics segment stood largest share with a value of USD 3,111 million in 2016.

Intravenous (IV) Solution Market Regional Analysis:

Based on the region, the market is segmented into Europe, the Americas, Asia Pacific, the Rest of the World (RoW). Of these, the North America is estimated hold strong position in the global Intravenous (IV) solutions market owing to presence of the U.S. and Canada. Among these, the U.S. is estimated to hold the most shares in the market by the end of forecast period. Moreover, the industry giants are trying to offer newer products in the region as the investment in the healthcare is higher. Despite the demand of the solutions is high in the region; however, the U.S. experiences a shortage of saline solutions.

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However, Asia Pacific is anticipated to emerge as the fastest growing region during the forecast period owing to presence of India as a major consumer in the region. Increasing private funds and government initiatives in the region and especially in the country are likely to help the region in this growth.

Genetic Testing Market To Record An Exponential CAGR By 2027

Genetic Testing Market Overview

As per the assessment conducted by Market Research Future (MRFR), the global market for the genetic testing market is estimated to garner a market value of USD 22,834.19 million while thriving at a CAGR of 11.50% by 2024. Genetic testing is used in prenatal screening, diagnostics, and as a predictive tool.

The on-going technical development in genetic testing is anticipated to play a significant role in developing the global genetic testing market during the forecast period. The rising demand for genetic testing in oncology and the increasing adoption of genetic tests into clinical care is another salient factor that can drive the regional market. Furthermore, the growing demand for personalized medicine can be recognized a crucial factor that can augment the market size in the assessment timeframe. On the contrary, lack of expertise in developing and underdeveloped countries is expected to hamper the market growth. In addition, the high expenses associated with genetic testing is likely to affect the adoption rate and inhibit the market rise.

The outbreak of COVID-19 is likely to bring a negative impact on the market growth due to the temporary shutdown of testing labs and clinics, which brought a negative impact on the market.

Genetic Testing Market Segmentation

The global market for the genetic testing market can be segmented into method, type, and application.

The method-based segments of the global genetic testing market are molecular genetic tests/ DNA tests, chromosomal genetic tests, and biochemical, genetic tests. Among all, the molecular genetic test/DNA tests is anticipated to procure a market share of 11.78% during the review time.

The type-based segments of the global genetic testing market are prescribed genetic testing and direct to consumer genetic testing. Among all, the prescribed genetic testing is anticipated to procure a major market share while expanding at the highest CAGR by 2024.

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The application-based segments of the global genetic testing market are reproductive health, cancer screening, ancestry, predictive and pre-symptomatic testing, and others. Among all, the reproductive health segment is anticipated to lead the segment in the assessment tenure.

Genetic Testing Market Regional Analysis

As per the assessment conducted by MRFR, the Americas is anticipated to lead the global market during the forecast period. The region is expected to thrive at the maximum CAGR in the coming time. The increasing demand for personalized genetic testing and the favorable initiatives taken by the government are other salient causes that can grow the market in the coming time. APAC is anticipated to be the fastest-growing region during the review time. The increasing adoption of a sedentary lifestyle and the growing consumption of junk food is likely to play a salient role in driving the regional market in the assessment tenure. Developing countries such as; India and China are anticipated to make a notable contribution in developing the industry in the coming time. On the other hand, MEA is likely to witness the growing adoption of technology and increased government initiatives that can improve the healthcare infrastructure. In addition, the increasing prevalence of metabolic diseases in the region is likely to increase the demand for genetic testing and augment the market share of the region.

Genetic Testing Market Key Players

Some of the renowned players of the global genetic testing market are Blueprint Genetics (Finland), Bio-Rad Laboratories, Inc. (US), PerkinElmer Inc. (US), Myriad Genetics, Inc. (US), Illumina Inc. (US),  QIAGEN N. V.  (Germany), Eurofins Scientific (US), F. Hoffmann-La Roche Ltd (Switzerland), Abbott Laboratories (US), Quest Diagnostics Incorporated (US), BGI Genomics (China), and Thermo Fisher Scientific Inc. (US).

Genetic Testing Industry News

February 2021- Seneca Therapeutics has expanded its R&D pipeline to include six new armed gene therapy/oncolytic constructs directed against important cancer targets and indications.

February 2021– Scientists in Beijing have developed a new gene therapy that can reverse some of the effects of aging in mice and increase their lifespans. The therapy can be fruitful for humans in the future.

February 2021- Taysha Gene Therapies, a patient-centric, clinical-stage gene therapy company, which is focused on developing and commercializing AAV-based gene therapies for the treatment of monogenic diseases of the CNS, announced their collaborations with Cleveland Clinic and UT Southwestern Gene Therapy Program (UTSW_ to advance next-generation mini-gene payloads for AAV gene therapies for the treatment of genetic epilepsies and additional CNS disorders.

February 2021– Paragon Biosciences, a life science innovator, and cell and gene therapy and synthetic biology utilizing AI, has launched CiRC Biosciences, a cell therapy company, developing a treatment for severe diseases with an initial focus on the eye.

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mHealth Market Opportunity Analysis, Competitors Strategy, Sales Revenue, Emerging Technologies, Competitive Landscape And Historical Analysis Forecast To 2027

mHealth Market Overview

The mHealth market is anticipated to grow by US$21.71Billion by 2022 rapidly growing at a CAGR of 36.5% during the forecast period 2016 – 2022. The global mHealth market is driven by changing legal as well as regulatory workflow dynamics and the intense competitive rivalry. These factors have helped shape the mHealth market and are expected to boost the growth. Companies in the mHealth market could also face challenges such as lack of awareness and high cost of home healthcare devices. The details covered in the mHealth market report cover all the aspects of the industry. MHealth market analysts have also shared growth projections in the report and have suggested mHealth market players to plan growth strategies accordingly. 

mHealth Market Segmentation 

The global mHealth market has been segmented based on therapeutics and application. On the basis of therapeutics, the market for mHealth is segmented based on fitness & lifestyle, mental and neurological disorders, respiratory. Additionally, the market on the basis of application, is segmented into diagnosis & treatment, wellness & prevention, and monitoring. 

Factors like increasing growth of personal health devices and patients’ growing interest in personal healthcare products support the mHealth market growth. The performance of mHealth market has also been studied for the past and current years. Additionally, the mHealth market report provides analysis of these segments. The mHealth market segmental analysis provided in the report offers major details about the mHealth market performance and future. 

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mHealth Market Regional Overview 

Companies in the mHealth market are spread across the world. The mHealth market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American mHealth market has many companies across the United States, Canada, and Mexico. Europe has companies in the mHealth market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the mHealth market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The mHealth market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the mHealth market can be found in the market research report. An insightful blend of primary and secondary research material, including feedback from leading industry representatives, was used to conduct the analysis. In conjunction with an overview of the market players, the report provides a detailed market and competitor landscape. 

mHealth Market Competitive Landscape 

The mHealth market is supported by integration of smartphones along with wearables into the healthcare industry. The population growth around the world and increasing demand of mHealth market based services and products also support the market growth. However, the mHealth market growth can be affected due to lack of clarity about certain government policies in some parts of the world. The report covers all such details which will help companies in the mHealth market to strengthen their business plan and improve their product portfolio. The mHealth market research report also provides company profiles of major companies. The company profiles of many organizations operating in the mHealth market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the mHealth market. New companies and established businesses can plan their strategies based on this data provided in the mHealth market research report. 

mHealth Industry News 

Regionally or elsewhere, a recent fund launched by Minneapolis-based Davis has already been scooping up major hospital assets.  During the first quarter, the fund, renamed Davis Medical Investors, closed eight medical commercial buildings covering 309,735 square feet at a valuation of $112 million. Davis itself created three of such buildings.

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Beauty Devices Market 2021 Size, Share, Leading Growth Drivers, Emerging Audience, Segments, Industry Sales, Analysis

Beauty Devices Market Overview

The global beauty devices market had always been an ever-increasing space. Surprisingly, the market is continuously growing during the imposed lockdown to control the spread of coronavirus pandemic. Industry experts say that beauty products are witnessing this unexpected increase in sales as people like to look their best on video calls and behind masks. Also, the home-use beauty devices market is experiencing booming sales worldwide, especially in the American regions.

In Japan, although the economic growth is plunged into recession in the first quarter due to the coronavirus pandemic, the sale of beauty products in departmental stores are rising at a record rate. And even if, squelched production and exports are expected to grow worse with times, industry players are gearing up for the boost, reading the signs of recovery from consumers. They are setting up strategies and action plans to gain a larger competitive share during the COVID-19 crisis.

Market Research Future (MRFR), in its recent study on the COVID-19 impact on beauty devices market size, asserts that the market is expected to grow at 7.8 % CAGR during the review period (2017-2023). MRFR also confirms that the electronic beauty devices market and home-use beauty devices market is would witness a substantial rise due to the online beauty retailers. Dropping prices of these devices are acting as a key growth driver for market sales.

Online selling of skincare tools categories is estimated to rise 112% during the lockdown as customers prioritize home-use beauty care and look for products that give them comfort and a feeling of being looked after. 

Beauty Devices Market   – Segmentation

The report is segmented into four dynamics;

By Product            : Hair Care (Growth & Styling Devices, Hair Removal, others), Skin Care (Light/Led, Acne Removal, Photo Rejuvenation Therapy, Cellulite Reduction, others), Oral Care, and others.

By Application     : Personal & Commercial Purposes and others.

By End User          : Professional, Personalized, and others.

By  Regions           : Americas, Europe, Asia Pacific, and the rest-of-the-world. 

Beauty Devices Market   -Regional Analysis 

North America dominates the global beauty devices market. The largest market share attributes to the well-developed technology and increasing prevalence of polycystic ovary syndrome (PCOS) & hormonal problems among demographics of the region. Besides, the presence of a large consumer base and major industry players in the region fosters market growth. Moreover, increasing investments in research & development by major beauty device companies in the region drive the growth of the market.

 Europe stands second in the global beauty devices market. The growth is driven by the availability of funds required for research activities and the rising popularity of beauty devices for the home care convenience that they offer. Countries like Germany and France contribute to the regional market growth, majorly, with their increased investments in technologies required for the developments of devices, The European beauty devices market is estimated to create a substantial revenue pocket over the assessment period.

The Asia Pacific beauty devices market has emerged as a promising market globally. Factors such as the presence of rapidly developing technology, rising numbers of consumers, and high expenditures on the purchase of beauty devices drive the regional market growth. Moreover, increasing demand for home beauty treatments in countries like India and China substantiates the growth of the regional market. China commands the largest share in the regional market, followed by India due to the tremendous economic development. 

Beauty Devices Market   – Competitive Analysis

Highly competitive, the global beauty devices market appears fragmented due to the presence of many well-established players. To gain a larger competitive share in the market, players incorporate strategic initiatives such as mergers & acquisitions and collaboration. However, industry players accentuate on product launch, improvement, and brand reinforcement. 

Manufacturers strive to deliver the most high-performance device powered by the latest clinical advances and technology that can offer effective solutions for various beauty concern solutions. Some of the devices have even branched out with lower-priced options and men with male-specific devices to target new consumers. The immense revenue generation opportunities demonstrated by the market attract several new players, which, in turn, intensify the market competition. 

Beauty Devices Market Major Players:

Players leading the global beauty devices market include Nu Skin Enterprises, L’Oreal S.A., Panasonic Corporation, L’Oreal S.A., Home Skinovations Ltd, Syneron Medical Ltd, PhotoMedex Inc, Procter & Gamble Co, and Tria Beauty Inc., among others. 

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Beauty Devices Industry/ Innovations/Related News: 

May 18, 2020 — Foreo (Sweden), a beauty technology company, introduced its first IPL (intense pulse light) device – Peach to South Korean market, partnering with SK Hyundai Duty-Free dept. The peach device offers at-home hair removal, which eliminates the need for personal visits to salons for costly IPL services. Foreo further said that it is expecting the Peach to be the hottest device for summer 2020, particularly relevant during the era of COVID-19.

Foreo noted that it was already looking forward to recovering sales during the COVID-19 crisis. South Korea is among the markets in travel retail, already seeing a rebound in consumer spending. The hair removal category has experienced steady growth in Asia Pacific travel retail in recent years, especially with frequent travelers. The company hopes sales of the device to catch momentum when the recovery of travel retail begins.

Hair Transplant Market 2021: Growth Analysis, Company Profile, Emerging Technologies, Developments

Hair Transplant Market Overview

The global hair transplant market is expected to exhibit a strong 24% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The growing demand for hair transplants from emerging economies such as China is likely to be a vital driver for the global hair transplant market over the forecast period. The report examines the major drivers and restraints affecting the global hair transplant market and provides a clear overview of the market’s leading motivators. The economic background of the hair transplant market and regulatory factors set to affect the market in the coming years are also profiled in the report.

Hair transplant surgeries are performed to reduce or mask male pattern baldness. Donor grafts are surgically implanted onto the host’s body, mainly the scalp, to provide the latter with a full head of hair, which is the most often complaint associated with hair transplant surgeries. Growing awareness about advanced hair transplant procedures, which are safe and long-lasting, is likely to be a major driver for the hair transplant market over the forecast period. Legacy hair transplants were known for their unreliability, as surgical processes hadn’t advanced to a point where hair transplant surgeries could guarantee strong, thick hair for a lifetime. However, modern advances in cosmetic surgery and growing understanding about the skin surface and its interaction with various chemicals have led to a growing demand for highly developed hair transplant procedures. This is likely to remain a key driver for the global hair transplant market over the forecast period.

Growing prevalence of stress among the urban populace and the growing prevalence of unhealthy dietary choices that affect hair growth adversely have been the major drivers for hair fall conditions. The urban youth is likely to be a key demographic for the hair transplant market, as the rates of baldness manifesting younger in the individual’s life are increasing rapidly.

Hair Transplant Market Competitive Analysis:

Leading players in the global hair transplant market include Bosley, Ethics Hair Instruments, Bernstein Medical, Cole Instruments Inc., Restoration Robotics Inc., and MEDICAMAT. Major focus among the major players operating in the hair transplant market is likely to be on product development and getting regulatory approval in new markets. Inorganic growth strategies such as mergers and acquisitions are also likely to be widely applied in the global hair transplant market.

Hair Transplant Market Segmentation:

The global hair transplant market is segmented on the basis of surgical method, surgery type, end use, and region.

By surgical method, the global hair transplant market is segmented into follicular unit transplantation, follicular unit extraction, and others. The follicular unit extraction (FUE) segment is further sub-segmented into follicular isolation technique, robotic hair transplantation, and automated FUE hair transplantation.

By surgery type, the global hair transplant market is segmented into head hair transplant, eyebrow transplant, frontal hairline lowering or reconstruction, and others.

By end use, the global hair transplant market is segmented into trichology clinics, hospitals, dermatology clinics, and others.

Hair Transplant Market Regional Analysis:

The Americas dominates the global hair transplant market, followed by Asia Pacific. The growing volume of hair care treatments being performed in the U.S. and Canada is the major driver for the hair transplant market in the region. Growing prevalence of stress and psychological conditions in the region is likely to be a major driver for the hair transplant market in the region, especially concerning the demographic older than 30 years of age. Reduced levels of nutrition and hormonal changes past the age of 30 are also responsible for a growing risk of hair loss, especially in women.

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Asia Pacific is also likely to be a major regional market for hair transplants over the forecast period. The growing prevalence of stress in the urban population in Asia Pacific is a major driver for the hair transplant market in the region. Increasing disposable income of consumers is also likely to be a key driver for the hair transplant market in Asia Pacific.

In October 2019, Tsinghua University in Beijing, China announced the results of a study spanning 4,000 university students, showing that the problem of hair loss and baldness is increasingly becoming a problem of the young. The study showed that about 60% of the student population had suffered from some form of hair loss.

Wearable Medical Device Market Trends, Global Analysis With Focus On Opportunities

Wearable Medical Device Market Synopsis

The global wearable medical device market is expanding, increasing from its value of USD 7859.4 Mn in 2017 to more than USD 27,200 Mn by the end of 2023, reports Market Research Future (MRFR). It will be surging at a phenomenal growth rate throughout the forecast period (2018-2023).

Drivers and Restraints

Elevating demand for technologically advanced wearable medical devices, in addition to growing awareness about physical fitness, advent of smartphone linked healthcare applications and augmented demand for wireless connectivity in the healthcare industry has propelled the overall industry of wearable medical device. Also, continuous growth of remote patient monitoring as well as home healthcare is expected to positively influence the wearable medical devices market in the coming years. 

Moreover, increasing competition and rapid technological advancement have resulted in the rising demand for innovative devices. Introduction of advanced products like fitness bands, wrist bands, smart watches, and glucose monitoring applications are of significant importance for the growth of the market. Additionally, the shifting trend from traditional to wearable devices due to the growing digitization and rising tech savvy population is expected to spur the demand for the market.

Having said that, issues like data security & privacy could be challenging factors in the market growth. however, the rising prevalence of lifestyle diseases like hypertension, diabetes, and obesity are bolstering the demand for round-the-clock monitoring of many physiological factors like calorie intake, blood sugar levels, and blood pressure monitoring. Therefore, facilitating the integration of healthcare data with portable products, further forwarding to the physicians for having real-time access to data and reduce errors, thus boosting the industry demand.

Wearable Medical Device Market Segmentation

The global wearable medical device market is segmented on the basis of type, device type, application and distribution channel.

Depending on the type, the market is segmented into activity monitors, smart watches, smart clothing and patches.

Device type-based segments in the global market are diagnostic & monitoring devices and therapeutic devices. The diagnostic & monitoring devices are categorized as vital sign monitoring devices, glucose monitoring devices, neuromonitoring devices, sleep monitoring devices and fetal monitoring & obstetric devices. furthermore, the therapeutic devices are sub-segmented into pain management devices, rehabilitation devices, respiratory therapy devices, and insulin pumps.

Application-wise, the global wearable medical device market caters to sports academies and fitness, remote patient monitoring and home healthcar.

The various distribution channels in the global wearable device market are pharmacies, online channel and hypermarkets. 

Wearable Medical Device Market Regional Analysis

Region-wise, the wearable medical device market is spread across the main regions of Europe, Americas, Asia Pacific, and the Rest-of-the-World (RoW).

At the global level, the Americas region is expected to lead the global wearable medical devices market, predicted to maintain its leading position throughout the forecast period. The market growth results from the growing incidence of obese as well as the diabetic population in the region. Countries like the United States (U.S) and Canada are the prominent countries contributing massively to the market growth in the region.

Europe managed to grab the second position in the global wearable medical device market on account of the increasing awareness about health and physical fitness with high spending on healthcare. In addition, with the growing prevalence of chronic diseases, the market is most likely to gain major traction in the region.

However, it is the region of Asia Pacific that is considered to be the most steadily emerging region at a global platform, owing to the presence of huge population and elevating prevalence of lifestyle and cardiac diseases. Furthermore, production facilities in India and China are emerging rapidly, which subsequently adds to the development of the market in the region.

Wearable Medical Device Industry Players

Companies like Motorola Solutions Inc., Medtronic PLC, Fitbit Inc., Philips, Apple Inc., Qualcomm Inc., Honeywell International Inc., Boston Scientific Corporation, LG Electronics Inc., Omron Corporation, NIKE INC., and Sony Corporation are at the forefront of the global wearable medical device market.

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Industry News

December 2018 – Omron, blood pressure monitor manufacturer, has recently received FDA clearance for its HeartGuide wearable blood pressure monitor, leading to the pre-sales of the device. Omron’s HeartGuide smartwatch is a device that helps measure blood pressure via the oscillometric method with the help of an inflatable cuff which is part of the watch band.

Patient Monitoring Devices Market Trends, Key Vendors Analysis, Revenue, Segments, Growth Drivers, Key Findings And Trends

Patient Monitoring Devices Market Analysis 

The global patient monitoring devices market is predicted to touch USD 23.4 billion at a 5.7% CAGR over the forecast period (2014-2022), as per the latest Market Research Future (MRFR) report. A patient monitor, simply put, is an electronic medical device which comprises of one or more monitoring sensors, a screen display, and a processing equipment. It provides the record to medical professionals about the vital medical signs of a patient such as respiratory rate, pulse rate, blood pressure, and body temperature or measurements of the activities of the different body organs such as EKG monitors, anesthesia monitors, ECG monitors and many more. 

Various factors are propelling the patient monitoring devices market growth. These factors, as stated by the MRFR report, include increasing prevalence of various chronic and lifestyle diseases such as atherosclerosis, cancer, and diabetes, increasing adoption of remote patient monitoring devices, and rising geriatric population. Additional factors pushing market growth include constant technological advancements, easy accessibility of wireless monitoring devices, and its growing demand in non-hospital settings. 

On the contrary, high cost, risks related to invasive monitoring devices, and issues associated to reimbursements and government regulations are factors that may hamper the patient monitoring devices market growth over the forecast period. 

Patient Monitoring Devices Market Segmentation

The Market Research Future report provides a wide segmental analysis of the patient monitoring devices market based on product type and end user. 

Based on product type, the patient monitoring devices market is segmented into temperature monitoring devices, weight management monitors, respiratory monitors, fetal and neonatal monitors, hemodynamic monitoring devices, electrocardiogram (ECG) devices, portable bedside monitors, and central monitoring stations. Of these, the ECG devices segment is predicted to have the largest share in the market over the forecast period. This is owing to its extensive application in CVD management, rising incidences of cardiovascular diseases, government initiatives, and the availability of technologically advanced devices. 

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Based on end user, the patient monitoring devices market is segmented into home care, ambulatory care centers, hospitals and clinics, and others. Of these, the home care setting will dominate the market over the forecast period. This is owing to the various advantages of using such devices. 

Patient Monitoring Devices Market Regional Analysis 

Based on the region, the patient monitoring devices market report covers the latest trends and growth opportunities across Asia Pacific (APAC), Europe, the Americas, and the Middle East and Africa. Of these, the Americas will dominate the market over the forecast period. This is owing to the rising geriatric population, rising need for portable and wireless systems, growing incidences of chronic diseases, and the presence of sophisticated reimbursement structure. 

The patient monitoring devices market in Europe will have the second-largest share in the market over the forecast period. This is owing to the growing demand for streamlined and wireless operation in major homecare settings and health facilities. 

The patient monitoring devices market in the APAC region is predicted to have a promising growth during the forecast period. This is owing to the huge presence of untapped opportunities in China and India, constantly improving healthcare infrastructure, and rising medical tourism. 

The patient monitoring devices market in the Middle East and Africa is predicted to have a limited yet steady growth over the forecast period. 

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Patient Monitoring Devices Market Key Players 

Leading players profiled in the patient monitoring devices market report include Shenzhen Mindray Bio-Medical Electronics Co., Honeywell International, Inc., Spacelabs Healthcare, CAS Medical Systems, Inc., Philips Healthcare, Siemens Healthcare, Abbott Laboratories, BIOTRONIK SE & Co. KG, Roche Diagnostics, and GE Healthcare. Key players have used several strategies to strengthen their position in the market, such as acquisitions, mergers, expansions, and product innovations.   

August 2019: Stevens Institute of Technology researchers have come up with a wearable device that has been designed to aid expecting mothers to keep track of the fetal heartbeat of their child. This, when placed on the expecting mother’s stomach, will help in detecting vibrations as the baby moves or the baby’s heart beats.

COVID-19 Sample Collection Kits Market Opportunities, Comprehensive Analysis, Segmentation, Business Revenue, Application, Top Key Players, Financial Overview And Forecast To 2027

COVID-19 Sample Collection Kits Market Overview

Global COVID-19 Sample Collection Kits Market is expected to hold a value of USD 4168.35 Million by 2027 and is expected to register a growth of 5.20% from 2020 to 2027.

COVID-19 Sample Collection Kits Market Competitive Landscape

Some of the eminent players in the global COVID-19 sample collection kits market report are Thermo Fisher Scientific, Inc. (US), Hardy Diagnostics (US), BNTX Inc. (Germany), Formlabs (US), Medline Industries, Inc. (US), HiMedia Laboratories (India), VIRCELL S.L. (Spain), Puritan Medical Products (US), COPAN Diagnostics (California), Becton, Dickinson, and Company (US), Laboratory Corporation of America Holdings (US), Lucence Diagnostics Pte Ltd. (California)

COVID-19 Sample Collection Kits Market Dynamics

The high demand for sample collection kits as a result of the global epidemic of COVID-19, as well as government acceptance of innovative and advanced detection tests, are expected to fuel COVID-19 Sample Collection Kits Market growth. Everlywell, Inc. received an emergency use authorization (EUA) from the Food and Drug Administration (FDA) in May 2020 for the COVID-19 Test Home Collection Kit. The device is a nasal swab sample selection kit that can be used at home and sent to specific laboratories for COVID-19 diagnostic testing. As a result, demand for sample collection kits is increasing. SARS-CoV-2 screening is the most important step in determining whether or not an infection is active. False or incorrect specimen collection can result in inaccurate or misleading test results. As a result, the Centers for Disease Control and Prevention (CDC) and other healthcare organisations have developed uniform procedures and guidelines for successful specimen collection and have streamlined the use of COVID-19 sample collection solutions, resulting in increased development. In the current situation, with global lockdown in place, core actors are working overtime to sustain swab and transport media supply and growth scales.

Furthermore, the discovery of antibodies, increased government spending, huge amount of drugs, and high swab use rate are projected to drive market growth. The company’s core stakeholders have worked together with regional authorities and manufacturers to maintain production conditions while also driving demand in the swab and viral transport medium markets. Companies are focusing their resources on strategic goods to optimise commodity production and availability due to the current increase in demand induced by the COVID-19 outbreak.

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The lack of test-related supplies such as reverse transcription-polymerase chain reaction devices, swabs, and virus detection samples to control, on the other hand, is expected to stymie the demand during the review period. The demand is also predicted to be hampered by a scarcity of laboratory-based reagents.

COVID-19 Sample Collection Kits Market Segmentation

The global COVID-19 sample collection kits market has been segmented based on the product type, application, and end user.

On the basis of product type, the market has been segmented into swabs, viral transport media, blood collection kits, and others. The swabs segment is expected to rise at the highest rate.

Based on application, the market has been segmented into diagnostic, and research. The diagnostic segment is expected to rise at the fastest rate, while the analysis segment is expected to grow at the fastest rate.

The industry has been divided into hospitals and laboratories, diagnostics centres, and others depending on the end customer. The diagnostic centre is expected to develop at the highest pace while the Hospitals and clinics is likely to witness the largest market share.

COVID-19 Sample Collection Kits Market Regional Analysis

Laboratory Corporation of America (LabCorp) is the first diagnostic research manufacturer for COVID-19 at-home specimen collection package, according to the US Food and Drug Administration (FDA) in April 2020. During the forecast period, this is anticipated due to the strong demand for sample collection kits throughout the American region.

Furthermore, the World Health Organization (WHO) and the European Centre for Disease Prevention and Control (ECDC) worked rapidly to establish laboratory needs and capacities in the European region. As a result of an increase in the number of confirmed cases of COVID-19, sample collection kits are available for laboratory tests and identification, which is expected to fuel market development.

In Asia and the Pacific, Because of the COVID-19 epidemic, the Asian Development Bank (ADB) launched a USD 6.5 billion assistance package for the Asia-Pacific region in March 2020. The Asia Pacific area, on the other hand, is expected to rise at a healthy CAGR over the projected period. Since there is an apparent gap between demand and purchasing ability for infectious control interventions such as vaccination, pandemics tend to affect nations with fragile and underfunded healthcare services the hardest.

The Middle East and Africa area is more in need of infrastructure growth and technological innovation. This results in a lack of growth in the healthcare sector, resulting in a decline in sample collection kit demand on the market. To resolve this, industry growth is projected to be fueled by advances in production and technology.

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Life Science Analytics Market Global Trends, Size, Segments, Competitors Strategy, Regional Analysis, Review And Statistics

Life Science Analytics Market Analysis 

The global life sciences market size was valued USD 19,165.22 million in 2018 and is predicted to grow at an 11.91% CAGR between 2019- 2025, reveals the new Market Research Future (MRFR) report. Life science analytics, simply put, is a tool that assists in drug discovery optimization process and clinical trials standardization. Prescriptive analytics, descriptive analytics, and predictive analytics are the most widely used life science analytics. The Cerner Millennium software and Allscripts’ Veradigm are the latest life sciences industry trends. 

Numerous factors are adding to the life sciences market size. Such factors, as revealed by the latest MRFR report, include increasing use of big data in the life science industry, the need for improved patient outcomes, increasing use of analytics tools for marketing applications and sales, and rising adoption of analytics solutions in clinical trials. Additional factors propelling the life sciences healthcare analytics market growth include rising incidence of chronic diseases, need for improved standardization, and rising pressure to reduce healthcare expenditure. 

On the contrary, dearth of professionals and high implementation costs are factors that may limit the life science market growth over the forecast period. 

Life Science Analytics Market Key Players 

Notable players profiled in the global life science analytics market report include IQVIA (US), Oracle (US), IBM (US), SAS Institute Inc. (US), SCIOInspire, Corp. (US), Optum, Inc. (US), Saama Technologies, Inc. (US), McKesson Corporation (US), Inovalon (US), Health Catalyst (US), CitiusTech Inc. (US), Cerner Corporation (US), and Allscripts Healthcare, LLC (US).

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Scope of the Report 

The report categorizes the life science analytics market based on end user, deployment model, component, application, and type of analytics, regions, and key players. Life science analytics helps to capitalize on big data to improve the global collaboration resting on the precise clinical research information. It helps in standardizing the clinical trials data along with validating its adherence. In fact, advanced analytics helps early detection of prospective risks as well as proactively address the same. 

Life Science Market Segmentation 

The MRFR Report provides an inclusive segmental analysis of the life science analytics market based on end user, deployment model, component, application, and type of analytics. 

By type of analytics, the life science analytics market is segmented into prescriptive analytics, descriptive analytics, and predictive analytics. Of these, descriptive analytics will lead the market over the forecast period for its increasing preference by life science companies as they work wonders to understand past trends. 

By application, the life science analytics market is segmented into supply chain optimization, sales and marketing, regulatory compliance, pharmacovigilance, and research & development. Research and development is again segmented into preclinical trials and clinical trials. Of these, research and development will dominate the market over the forecast period for the increasing use in the research and development activities to develop innovative life science products. 

Based on component, the life science analytics market is segmented into hardware, services, and software. Of these, the software segment will have a major share in the market over the forecast period for the increasing use of analytics software in the life science industry. 

By deployment model, the life science analytics market is segmented into cloud-based, on-premise, and deployment model. Of these, the on-premise model will command the largest share in the market over the forecast period. 

By end user, the life science analytics market is segmented into biotechnology and medical device companies, pharmaceutical, hospitals and clinics, and others. Of these, hospitals & clinics will spearhead the market over the forecast period as it augments healthcare productivity and minimizes clinical errors. 

Life Science Analytics Market Regional Analysis 

By region, the global life science analytics market covers the growth opportunities and recent trends across Europe, the Americas, the Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA). Of these, the Americas will spearhead the market over the forecast period for increasing adoption of healthcare IT solutions and increasing healthcare spending. 

The life science analytics market in Europe is predicted to have the second-largest share over the forecast period for better availability of healthcare services and solutions, technological advancements, and increasing incidence of chronic diseases. 

The life sciences analytics market in the APAC region is predicted to grow at a fast pace over the forecast period. The presence of several healthcare IT companies and fast-developing life sciences industry are adding market growth. 

The life sciences analytics market in the MEA is predicted to have significant growth over the forecast period for rapid technological advancements and increasing support from the government to develop the healthcare IT industry. 

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Healthcare Consulting Services Market Emerging Technologies, Developments, Future Plans And Comprehensive Research Study

Healthcare Consulting Services Market Overview 

The healthcare consulting services market is projected to grow rapidly at a CAGR of 10.4% throughout the forecast period 2019-2024. Rising demand for healthcare products as well as new features in the healthcare drive the global healthcare consulting services market. These key growth drivers have incredibly helped the healthcare consulting services market and are estimated to boost the growth. Analysts studying the healthcare consulting services market have also shared growth projections in the healthcare consulting services market research report and have suggested healthcare consulting services market-based companies to develop growth strategies. Low product differentiation as well as availability of substitutes are the challenges that companies across the healthcare consulting services market could face. 

Key players for Global Healthcare Consulting Services Market

  • Accenture Consulting (US)
  • McKinsey and Company (US)
  • Cognizant (US)
  •  Deloitte Consulting (US)
  •  Ernst and Young (UK)
  •  Bain and Company (US)
  •  Deloitte Touche Tohmatsu Limited (US)
  •  Huron Consulting (US)
  •  KPMG (Switzerland)
  •  PWC (UK)
  •  The Boston Consulting Group (US)

Healthcare Consulting Services Market Segmentation 

The global healthcare consulting services market has been segmented based on application, component, type of service, and end user. On the basis of application, the market for healthcare consulting services is segmented based on financial and population health, operations management. Additionally, the market on the basis of components, is segmented into solutions and services. The global market for healthcare consulting services is also covered based on type of service segment which is further split into IT consulting and digital consulting. On the basis of end users, the market for healthcare consulting services is segmented based on clinics and life science companies, hospitals. 

Factors like a huge patient population as well as a wide network of hospitals propel the healthcare consulting services market growth. The healthcare consulting services market performance has also been studied. The healthcare consulting services market report provides analysis of past and current trends. In addition to this, the healthcare consulting services market report offers detailed analysis of application, component, type of service, and end user segments. 

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Healthcare Consulting Services Market Regional Overview 

The healthcare consulting services market report covers companies functional in the healthcare consulting services market spread across regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The regional analysis of the healthcare consulting services market can be found in the market research report. The North American healthcare consulting services market has several key players functioning in the United States, Canada, and Mexico. Europe has companies in the healthcare consulting services market across Germany, France, Spain, Italy, and the United Kingdom. The healthcare consulting services market of the Middle East, Africa, and other regions has also been studied by analysts. A detailed analysis of the healthcare consulting services market across India, China, and Japan in the Asia-Pacific region is also available for further study. 

Healthcare Consulting Services Market Competitive Landscape 

The healthcare consulting services market is corroborated by increasing competition in the healthcare industry. The population growth as well as increasing demand of healthcare consulting services market based solutions also accelerate the market growth. However, the healthcare consulting services market can be affected due to the presence of poor economies as well as lack of healthcare infrastructure. The healthcare consulting services market research report covers all such factors assisting companies in the healthcare consulting services market to improve their plans and portfolio. The healthcare consulting services market research report also provides company profiles of major businesses. The healthcare consulting services market report highlights crucial details about organizations operating across North America, Europe, Asia-Pacific (APAC), and the rest of the world regional markets. 

Healthcare Consulting Services Industry News 

VantagePoint Healthcare Advisors, a Hamden health-care advisory company based in CT, was purchased by BerryDunn, a global accounting and consultative agency. Created in 1994, VantagePoint provides healthcare professionals in hospital facilities, medical associations and charities with consultancy, regulatory and certification services. Consulting resources for the business cycle, management, operations and due diligence are provided by the firm’s specialists. VantagePoint offers risk management, assistance in lawsuits, audit and other resources for the purpose of enforcement. The business provides an extensive variety of certificates, registrations and PSVs from apps to ongoing sanctions surveillance.

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