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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Structural Heart Devices Market Review, Future Growth, Global Survey And In-Depth Analysis

Structural Heart Devices Market-Overview

The uptick in heart ailments is estimated to empower the development of the Structural Heart Devices market. The market’s report is efficiently analyzed as per MRFR, which provides outlooks for the global markets. By 2023, the market is estimated to tap into a CAGR of 10.4%.

The improvement in surgical techniques is estimated to empower the market expansion of the Structural Heart Devices in the forthcoming period. Furthermore, the escalating demand for minimally invasive surgeries is estimated to motivate the global Structural Heart Devices market in the coming period.

Structural Heart Devices Market Segmental Analysis

The segmental study of the Structural Heart Devices market is carried out on the basis of type, indication, procedure, end user and region. The type segment of the Structural Heart Devices market consists of annuloplasty rings, heart valve devices, occluders and delivery systems, accessories, and other devices. The indication segment of the Structural Heart Devices market consists of cardiomyopathy, valvular heart disease, and congenital heart defects. The region segment of the Structural Heart Devices market consists of the Americas, Europe, Asia Pacific, the Middle East and Africa. The procedure segment of the Structural Heart Devices market consists of repair procedures and replacement procedures. The end-users segment of the Structural Heart Devices market consists of ambulatory surgery centers and hospitals.

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 Structural Heart Devices Market Regional Analysis 

The regional overview of the Structural Heart Devices market consists of the Americas, Europe, Asia Pacific, the Middle East and Africa. The North American region’s Structural Heart Devices market is estimated to be credited for the principal market share due to the upsurge in understanding, the rise in healthcare services, the initial acceptance of progressive medical technologies, and a promising reimbursement setting for many medical procedures. The European region’s Structural Heart Devices market is anticipated to hold the next principal market share, due to the collective number of surgeries, increasing cardiovascular disorders, and the increasing demand for progressive treatment procedures to improve the European Structural Heart Devices market. The Structural Heart Devices market share in the Asia Pacific regional market is also anticipated to experience development due to admission to optimal treatment amenities and budding call for better adoption rate, progressive technology, evolution in disposable income, and expanding medical tourism. The Structural Heart Devices market in the Middle East and the African regions are anticipated to account for the smallest share of the international Structural Heart Devices market due to absence of technical knowledge, an underdeveloped healthcare sector, and deprived medical facilities.

Structural Heart Devices Market Competitive Analysis

​The revamp in market operations and the effect of lockdowns are anticipated to fuel the market’s progress in the upcoming period. The balance between demand and supply forces should be stabilized to reap the benefits of the market’s progress in the upcoming years. The creation of market niches or specialization is predicted to support the companies’ progress who are operating in the global market. The market is estimated to reverberate with the developments being initiated in the market. The contenders in the market are estimated to take on a proactive role in the progress of the global market. The focus on accelerating the returns from the capital devoted to innovation is observed to be amplified. The government bodies are predicted to pitch in constructively to keep the markets going on the path of development. Additionally, the optimization of trade strategies and policies between different countries is estimated to affect the overall market expansion further. The deployment of virtual resources is estimated to bolster the overall market.

The eminent contenders in the Structural Heart Devices market are Cook Group Incorporated (U.S.), Medtronic plc (Ireland), Abbott (U.S.), Boston Scientific Corporation (U.S.), Edwards Lifesciences Corporation (U.S.), S.T. Jude Medical, Biomerics, Comed BV, LivaNova plc (U.K.), JenaValve Technology, Inc., Endologix Inc. (U.S.)., CardioKinetix, and W. L. Gore & Associates, Inc. (U.S.).

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Structural Heart Devices Industry Updates:

Apr 2021 The Acutus Medical AcQCross family of universal transseptal crossing devices has been approved by the U.S. Food and Drug Administration (FDA). This is the first transseptal puncture system exactly engineered to couple and mate flawlessly with Acutus’ suite of sheaths and with sheaths sold by other producers. The new and extended family of AcQCross catheters consist of versions that are diameter-, length-, and tip-matched and intended to lock into the center of sheaths now consumed in the mainstream of left heart procedures.

Apr 2021 Abbott has declared it had obtained CE Mark for its next-generation TriClip Transcatheter Tricuspid Valve Repair System, the first-of-its-kind minimally invasive tricuspid heart valve repair device presented in Europe to handle tricuspid regurgitation (T.R.).

Endoscopy Device Market Overview, Competitors Strategy, Regional Analysis, Share, Growth And Statistics

Endoscopy Device Market Scope

MRFR (Market Research Future) expects the endoscopy device market to capture a decent growth rate of 6.3% between 2019 and 2027.  

Endoscopy Device Market Reputed Companies

J&J Services Inc., OLYMPUS, Interscope Inc., Micro-Tech Endoscopy, Cogentix Medical, Integrate Endoscopy, KARL STORZ Gmbh & Co. KG, Shaili Endoscopy, PENTAX MEDICAL, RICHARD WOLF, Cognetix, FUJIFILM, Stryker, Cantel Medical, are some of the most reputed companies in the global endoscopy devices market

Prominent Boosters and Barriers

Accelerated cases of age-related ailments and the mounting need for advanced endoscopy devices in therapeutic as well as diagnostic procedures will favor the global market in the coming years. Endoscopy devices facilitate lower intervention, which means reduced recovery time. The expanding elderly patient pool prone to numerous medical disorders has fostered the need for various procedures, including intestinal perforation, gall stones, liver abscess, pelvic abscess and endometriosis. These procedures make extensive use of advanced medical equipment such as endoscopy devices, which will translate into higher demand in the coming years.

The rise in cancer cases along with obesity worldwide and the soaring number of endoscopic bariatric surgeries in line with the growing interest in preventive healthcare should benefit the global industry. Government agencies and firms striving to spread awareness about early cancer diagnosis as well as treatment has pushed the need for cancer screening procedures, and by extension, endoscopy devices are touted to experience robust demand over the review period.

Over the years, the trend noted in the market is the surging preference for minimally invasive surgeries, which raises the use of endoscopy devices such as arthroscopy, laparoscopy, bronchoscopy, and cystoscopy. In a nutshell, growing interest in minimally invasive endoscopic devices should encourage further market growth, as healthcare focuses more on patient satisfaction and on bringing down the hospital stay. Apart from this, acquisitions, increasing R&D spending, mergers and product innovation are the key strategies followed by the players to secure a better market ranking. The intensifying competitive level between the companies will ensure significant market growth in years to come.

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Endoscopy Device Market Segmentation

Endoscopy device market has been considered for types, therapy, treatments & procedures, application, accessory & processors, as well as end user.

The key types of endoscopy devices include flexible endoscopes, rigid endoscopes, robot-assisted endoscopes, capsule endoscopes and surgical endoscopes. Flexible endoscopes are in the lead while capsule endoscopes segment will note the fastest growth in the coming years.

Therapy-wise, the top segments are colonoscopy, sigmoidoscopy, gastroscopy, arthroscopy, laparoscopy, endoscopic retrograde cholangiopancreotography, ureteroscopy and cystoscopy.

The treatments & procedures discussed in the report are abdominal, lower gastrointestinal conditions, urinary system conditions, upper gastrointestinal conditions, lung and airway conditions, gynecologic and pelvic organ conditions, joint and orthopedic conditions, and others.

Applications of endoscopy devices are gastrointestinal endoscopy, obstetrics/gynecology endoscopy, mediastinoscopy, urology endoscopy, arthroscopy, bronchoscopy, and otoscopy.

Accessory & processors analyzed in the market study include accessory as well as processors          

Endoscopic technologies covered are fiber and video.           

Gastroenterologists, obstetricians-gynecologists (ob/gyns), critical care, general and pediatric surgeons and orthopedic surgeons are the major industry end-users.

Endoscopy Device Market Regional Study

The Americas and APAC or Asia Pacific coupled with MEA or Middle East and Africa and Europe are the major regions where the endoscopy device market will witness growth during the review timeframe.

Americas will most likely remain the highest gainer in the global market during the analysis period, in view of the region’s robust economy and well-developed medical and healthcare system. Research institutes are majorly focused on technological upgradations to come up with more innovative diagnosis and treatment lines, which should further bolster the market size. Well-equipped medical facilities and the vast pool of skilled professionals in healthcare present in the America also strengthen the market position. Veterinary endoscopy devices have been witnessing stellar demand in the region, because of the rising spending on pet care items and treatment, especially in Canada and the United States.

APAC exhibits the potential of capturing the fastest growth in the future, thanks to the significant contribution from developing nations like India and China. These countries house fast-expanding healthcare sectors and are experiencing a surge in cases of cancer and gastrointestinal diseases, which fosters the need for advanced endoscopy devices. A few other growth boosters include the improvements in the healthcare infrastructure as well as the rampant demand for effective diagnostic therapies. 

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Endoscopy Device Industry Latest Updates

February 2021: Ambu Inc., a world-renowned firm specializing in single-use endoscopy devices, has received a single-use endoscopy device contract deal expansion with two prominent US Group Purchasing Organizations. This expansion will allow Ambu to expand its services to more than 160 acute care hospitals in the country as well as over 2,600 sites across 20 states. This expanded deal is expected to accelerate Ambu’s growth in the single-use endoscopy devices industry.

Patient Monitoring Devices Market Size, Global Trends And Forecast By Regions, Segmentation, Applications, Dynamics, Development Status And Outlook

Patient Monitoring Devices Market Scope 

Market Research Future (MRFR) analysed the global market for patient monitoring devices market 2021 for the review tenure. As per MRFR data, the patient monitoring device market is likely to expand at 5.7% CAGR in the assessment tenure (from 2014 to 2022). By 2022, the patient monitoring devices market value is likely to touch considerable amount 

Patient Monitoring Devices Market Drivers and Restraints  

The rise of the global patient monitoring devices market can be attributed to the growing adoption of smart wearable devices that use sensors to provide results of high accuracy and reliability. The constant evolution of sensor technology and the increase in the adoption of smart wearables among the young generation are causes that can add to the patient monitoring devices market rise. Alongside, the growing health consciousness and personal care concerns is creating the adoption of such devices to track biometrics, such as; heart rate and calories burn, which, in turn, is driving the demand for wearable devices, such as fitness trackers and others. This can improve the market momentum. The introduction of the internet of things (IoT) technology and assistance of artificial intelligence for the upgradation of patient monitoring devices and increase their scope of application in areas other than healthcare and fitness, such as; consumer electronics,  can favor the market.  

Segment Analysis of Patient Monitoring Devices Market 

The segment assessment of the global patient monitoring devices market is based on end-users and product type. 

The product type-based segments of the patient monitoring device market are Portable bedside monitors, Central monitoring stations, Hemodynamic Monitoring Devices, Electrocardiogram (ECG) Devices, Weight management monitors, Fetal and neonatal monitors, Temperature monitoring devices, and Respiratory Monitors among others. The hemodynamic monitoring device segment is expected to garner decent revenue for the market of patient monitoring devices. The hemodynamic monitoring devices segment is likely to expand at decent pace in the review tenure. 

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The end user-based segments of the global patient monitoring device market are Ambulatory care centers, Hospitals and clinics, and Home care among others. The outbreak of COVID 19 has  resulted in the rapid adoption of home care solutions. The surge in the incorporation of patient monitoring devices in home care setup can benefit the market. Thus, the market is expected to thrive on the rapid growth of the home care segment.  

Regional Analysis of Patient Monitoring Devices Market                           

North America patient monitoring device market is expected to surge as the patient pool is expanding. The US is anticipated to hold the largest market share of North America patient monitoring devices. In Europe, the UK is likely to spearhead the patient monitoring device market and earn substantial profit for the market. The patient monitoring device market in the Asia Pacific region is expected to rise at a rapid pace in the near future. 

The growing awareness about the high efficacy of patient monitoring systems to measure, distribute, record, and display combinations of different biometric values, such as; blood oxygen saturation levels (SPO2), heart rate, temperature, and blood pressure is expected to benefit the market in North America. Top-notch companies, such as; Amazon, Google, and Apple, are tapping into the RPM market that is likely to result in drastic changes in the healthcare domain. This can also add to North America market growth. In Europe, the rise in applications of such devices as the need for monitoring patients regularly is increasing to avoid serious issues can favor the market rise in the years to come. In addition, the upsurge in the adoption of medical monitors by people in a home care setup to track issues and improvement in health conditions, remotely can prompt the market rise in the analysis tenure. In APAC, a notable surge in the adoption of remote patient monitoring (RPM) is observed, which is likely to earn high revenue in the years to come. 

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Key Players for Patient Monitoring Devices Market                             

Honeywell International, Inc., Spacelabs Healthcare, Shenzhen Mindray Bio-Medical Electronics Co., GE Healthcare, BIOTRONIK SE & Co. KG, Roche Diagnostics, Abbott Laboratories, Siemens Healthcare, CAS Medical Systems, Inc., and Philips Healthcare are some top-notch companies that are profiled by MRFR, functioning in the patient monitoring devices market. The competitive assessment of the patient monitoring devices market reveals insights on the internal dynamics of each player, which aid new investors or existing stockholders to explore untapped resources  and identify potential prospects. Start-ups refer to this report to expand their business and earn global recognition

COVID-19 Sample Collection Kits Market 2027 Size, Share, Industry Trends And Business Revenue

COVID-19 Sample Collection Kits Market Scope 

Market Research Future (MRFR) studied the global COVID-19 sample collection kits market 2021 for the analysis period till 2027. As per MRFR data, the market of COVID-19 sample collection kits is expected to rise at 5.20% CAGR across the forecast tenure (from 2020 to 2027). By 2027, the global COVID-19 sample collection kits market value is expected to touch USD 4168.35 Million. 

COVID-19 Sample Collection Kits Market Drivers and Restraints 

The increase in demand for COVID 19 sample collection kits due to the increase in cases of COVID 19 is expected to favor the market growth in the near future. The rise in the number of establishments and facilities for testing laboratory collection centers  and the increase in the number of trained specimen collectors to perform effective testing services are expected to benefit the expansion of COVID 19 sample collection kits market in the years to come. 

The surge in revenue generation of the global COVID-19 sample collection kits market can be attributed to the upscaling demand of sample collection kits owing to the rise of new COVID-19 strains and the approval of advanced detection tests by reputed regulatory authorities. Moreover, the need to detect antibodies is also observed to gain significance, which, in turn, is expected to prompt the market expansion.  The surge in government funding for the production of a large volume of COVID 19 test kits and the increase in the utility rate of swabs are other causes that are also likely to prompt the expansion of the COVID 19 sample collection kit market in the assessment period. 

On the contrary, surfacing issues with the shortage of test-related supplies, such as; swabs, reverse transcription-polymerase chain reaction instruments, and virus control samples to prevent COVID-19 can hinder the market expansion. The lack of laboratory-based reagents is also observed as another crucial cause that is expected to restrain the COVID-19 sample collection kits market expansion on a global scale. 

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COVID-19 Sample Collection Kits Market Segmentation 

The segment assessment of the global COVID-19 sample collection kits market is based on application, product type, and end user. 

The product type-based segments of the COVID-19 sample collection kits market are blood collection kits, swabs, and viral transport media among others. The swabs segment of the market is anticipated to rise at a high CAGR by 2027. MRFR identifies the swab segment as likely to grow at a rapid pace. The swab segment of the market studies oropharyngeal swabs and nasopharyngeal swabs. According to the data from the Centers for Disease Control and Prevention (CDC), collecting only nasopharyngeal swabs for COVID 19 testing is only recommended. The viral transport media segment is expected to secure considerable revenue for the market in the near future. 

The application-based segments of the COVID-19 sample collection kits market are research and diagnostic. The segment of the diagnostics is likely to rise at a faster pace, while the research segment is expected to garner decent revenue by 2027. 

The end user-based segments of the COVID-19 sample collection kits market are diagnostics centers, and hospitals & clinics among others. The segment of diagnostic centers is anticipated to rise at a high growth pace. The hospitals and clinics segment is likely to earn considerable profit. 

COVID-19 Sample Collection Kits Market Regional Analysis 

The COVID 19 sample collection kit market is studied for the Americas, Asia Pacific, Europe, and the Middle East and Africa. The market in the Americas region is likely to hold the highest share of the worldwide market by 2027 owing to the large patient base of COVID-19. The regional assessment of the market of COVID-19 sample collection kits is done for Latin America and North America. Europe COVID-19 sample collection kits market is expected to grow at a decent pace. Germany, Spain, France, the UK, and Italy are studied for the market. In Asia Pacific, the COVID- 19 sample collection kits market is expected to garner decent revenue by 2027. 

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COVID-19 Sample Collection Kits Market Key Players 

Some of the key players in the global COVID-19 sample collection kits market 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). Companies such ; COPAN Diagnostics, Medline Industries, Inc., and Becton, Dickinson, and Company, are likely to dominate the worldwide COVID-19 sample collection kits market.

Life Science Analytics Market 2021: Forecast By Regions, Types, Applications, Segments, Upcoming Opportunities, Trends And Industry Outlook 2027

Life Science Analytics Market Overview 

The life science analytics market is projected to grow rapidly at a CAGR of 11.91% throughout the forecast period. Growing adoption of analytics solutions as well as rapidly increasing need for better data standardization drive the global life science analytics market. These key growth drivers have incredibly helped the life science analytics market and are estimated to boost the growth. Analysts studying the life science analytics market have also shared growth projections in the life science analytics market research report and have suggested life science analytics market-based companies to develop growth strategies. Lack of skilled professionals and data security concerns are the challenges that companies across the life science analytics market could face. 

Life Science Analytics Market Key Players

Some of the Key Players in the Global Life Science Analytics Market are Allscripts Healthcare, LLC (US), Cerner Corporation (US), CitiusTech Inc. (US), Health Catalyst (US), Inovalon (US), McKesson Corporation (US), Saama Technologies, Inc. (US), Optum, Inc. (US), SCIOInspire, Corp. (US), SAS Institute Inc. (US), IBM (US), Oracle (US), and IQVIA (US).

Life Science Analytics Market Segmentation 

The global life science analytics market has been segmented based on type of analytics, application, component, deployment model, and end-user. On the basis of end-user, the market for life science analytics is segmented based on hospitals and clinics, others. Additionally, the market on the basis of deployment model, is segmented into on-premise and cloud-based. The global market for life science analytics is also covered based on the component segment which is further split into software, services, and hardware. On the basis of application, the market for life science analytics is segmented based on pharmacovigilance, regulatory compliance, sales & marketing, supply chain optimization, research & development. Additionally, the market on the basis of type of analytics, is segmented into descriptive analytics, prescriptive analytics, and predictive analytics. 

Factors like standardization of clinical trials and rising pressure to reduce healthcare expenditure propel the life science analytics market growth. The life science analytics market performance has also been studied. The life science analytics market report provides analysis of past and current trends. In addition to this, the life science analytics market report offers detailed analysis of type of analytics, application, component, deployment model, and end-user segments. The market segmental analysis provided in the life science analytics market research report offers crucial details about the life science analytics market based on the data and forecasts till 2025. 

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Life Science Analytics Market Regional Overview 

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

Life Science Analytics Market Competitive Landscape 

The life science analytics market is corroborated by increasing prevalence of chronic diseases. The population growth as well as increasing demand of life science analytics market based solutions also accelerate the market growth. However, the life science analytics market can be affected due to lack of awareness as well as high cost. The life science analytics market research report covers all such factors assisting companies in the life science analytics market to improve their plans and portfolio. The life science analytics market research report also provides company profiles of major businesses. The life science analytics market report highlights crucial details about organizations operating across North America, Europe, Asia-Pacific (APAC), and the rest of the world regional markets.

Life Science Analytics Industry News 

Clinical trials with analytics are revolutionary and digitally converted by major biopharmaceutical and life sciences firms. Clinical data analytics have changed every area of drug research and development, from bringing trials up and running to simplifying clinical trial designs to produce fresh medicines and vaccines faster. 

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Healthcare Consulting Services Market Opportunities, Size, Share And Industry Forecast to 2027

Healthcare Consulting Services Market Overview

The overwhelmed state of healthcare organizations just not in the pandemics’ duration but otherwise is estimated to promote the healthcare consulting services market. Reports created by MRFR detail the developments of the industry that can be expected in the market through the forecast period. The market is anticipated to record a 10.4% CAGR during the forecast period.

The need for consulting has been established as an essential business service as it helps in the creation of informed business decisions and strategies both of which are increasingly important in today’s scenario. The availability of improved funding is estimated to play a vital role in accelerating the healthcare consulting services market in the forecast period.

Healthcare Consulting Services Market Segmental Analysis

The segmentation of the healthcare consulting services market is conducted on the basis of component, application, type of service, region, and end-user. The end-user segment in the healthcare consulting services market consists of hospitals, life science companies, clinics, and government bodies. The component segment of the healthcare consulting services market consists of services, hardware, and software.

The type of service segment in the healthcare consulting services market consists of IT consulting, financial consulting, digital consulting, strategy consulting, and operations consulting. The application segment in the healthcare consulting services market consists of financial, operations management, population health, and clinical. The regions included in the healthcare consulting services market are the Americas, Europe, Asia Pacific, and other lucrative regional markets.

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Healthcare Consulting Services Market Regional Analysis 

The regional scrutiny of the healthcare consulting services market includes Americas, Europe, Asia Pacific, and other lucrative regional markets. The Americas healthcare consulting services market directs the international healthcare consulting services market owing to the incidence of a huge number of healthcare businesses and swelling rivalry in the healthcare industry. The demand for the market in the region stems from the fact that the healthcare firms prefer consulting service providers for novel strategies and solutions.

The European healthcare consulting services market is the next principal region due to the government funding for the healthcare sector, enormous patients, and a collective number of hospitals in this region that are estimated to support the market progress. Also, the intensifying acceptance of software connected to life sciences by crucial companies assists in the rising healthcare consulting services demands in this region. The Asia Pacific healthcare consulting services market is the quickest growing market because of the incidence of evolving economies in the region. Furthermore, the intensifying plans taken by public and private organizations will motivate the healthcare consulting services growth in the major national markets in the Asia Pacific region.

Healthcare Consulting Services Market Competitive Analysis

The toll on the health and mental wellbeing of the workers in the market is estimated to have a notable impact on the resurgence of the market’s expansion in the upcoming years. The market landscape is estimated to be redefined by the absorption of smaller companies or startups as well as mergers between market titans to enhance their overall pull on the global market progress. The upcoming products in the market are estimated to have a notable influence on the pandemic in terms of germicidal properties that can be observed in the coming period.

The investment in sustainable technologies and product options is predicted to reign over the next phase of market development strategies in the forecast period. The market is predicted to be driven by the effects of the COVID-19 pandemic, by ensuring that businesses can counteract situations like these in the future. The government support to the rebuilding of economic growth momentum is estimated to be increased than the past few years.

The central contenders in the healthcare consulting services market are Accenture Consulting (US), Deloitte Touche Tohmatsu Limited (US), Huron Consulting (US), McKinsey and Company (US), Bain and Company (US), Cognizant (US), Deloitte Consulting (US), Ernst and Young (UK), KPMG (Switzerland), PWC (UK) and The Boston Consulting Group (US)

Healthcare Consulting Services Industry Updates:

Feb 2021 VMG Health, the market pioneer in offering full-service healthcare transaction advisory and consulting, has declared it has acquired Health Care Futures, a business strategy and consulting company with workplaces in Minneapolis and Chicago. The deal was just settled, and the two companies will be completely joined in the first quarter of 2021. The Health Care Futures client base will profit from VMG Health’s established status of expertise in healthcare dealings, compliance, and physician placement.

Feb 2021 Nordic, a popular healthcare consulting company, revealed its purchase of Bails & Associates, an industry-leading ERP consulting business that concentrates on Infor solutions for customers throughout an assortment of industries, with a focus on healthcare. Bails will carry on to uphold operations out of its head office and aid customers under the Bails brand, which is now a portion of the Nordic line of brands.

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