Showing posts with label Growth. Show all posts
Showing posts with label Growth. Show all posts

Reprocessed Medical Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

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Reprocessing of medical devices refers to the process of inspecting, cleaning, testing, sterilizing and packaging of used and expired medical devices, such that the devices remain effective and safe for suitable clinical application. This study provides the market analysis for various classes and sub-classes of medical devices used for reprocessing. The stakeholders of this report include original equipment manufacturing companies and companies involved in medical device reprocessing and distribution of reprocessed devices as well as new entrants.
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The market overview section of the report analyzes the market dynamics and trends such as drivers, restraints and opportunities that would affect the current and future scenario of the reprocessed medical devices market. Porter’s five forces analysis is included in this study to provide thorough analysis about the competitive status of the current reprocessing industry, and market attractiveness analysis has been added to describe the market outlook in different geographies. Event impact analysis is provided in this report for brief understanding of the important events that have taken place in the past and are planned for the future, which might have a major impact on industry growth. Value chain analysis of the market is also discussed in this section to recognize value-creating activities from a number of processes, which would provide an overall understanding of the science of medical device reprocessing.
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This market study on reprocessed medical devices has been classified based on various types of devices, which are generally used for reprocessing such as cardiovascular devices, general surgery devices, laparoscopic devices, orthopedic devices and gastroenterology devices. Furthermore, for estimating the overall reprocessed medical devices market, each of the major classes mentioned above have been categorized into several sub-classes of reprocessable medical devices. Cardiovascular devices have been segmented into blood pressure cuffs/tourniquet cuffs, diagnostic electrophysiology catheters, electrophysiology cables, cardiac stabilization and positioning devices. General surgery devices have been segmented into balloon inflation devices and infusion pressure bags. Likewise, laparoscopic devices have been segmented into endoscopic trocars and components as well as harmonic scalpel. Similarly, external fixation devices have been considered for estimating the market of reprocessed orthopedic devices and biopsy forceps have been considered under gastroenterology devices. Market revenue for reprocessed medical devices as well as total devices has been provided in the report for the period 2012 to 2020 in terms of USD million, along with CAGR for the forecast period 2014 to 2020, considering 2013 as the base year. In addition, volume data for each of these devices is provided in the report from 2012 to 2020, with a forecast period from 2014 to 2020.
From the geographical perspective, the global reprocessed medical devices market has been segmented into four major regions: North America, Europe, Asia-Pacific and Rest of the World (RoW). The market revenue of reprocessed medical devices for each geographical market for 2012 and 2020 along with forecast from 2014 to 2020 in respective regions in terms of USD million and value %, respectively has been explained in the geography section of the report.
The report provides company profiles of major players operating in the reprocessed medical devices market. Additionally, detailed market share analysis of the leading players has been provided which includes companies such as Centurion Medical Products Corporation, Hygia Health Services, Inc., Medline ReNewal, MidWest Reprocessing Center, ReNu Medical, Inc., SterilMed, Inc., Stryker Sustainability Solutions, Inc., SureTek Medical and VANGUARD AG. The elaborated market share analysis of the companies involved in the market would help new business participants to identify product portfolio of the established companies and understand the business strategies followed by major companies for sustaining in the market.
The global reprocessed medical devices market is segmented as follows:
Reprocessed Medical Devices Market, by Type of Devices
  • Cardiovascular Medical Devices
    Blood Pressure Cuffs/Tourniquet Cuffs
    Cardiac Stabilization And Positioning Devices
    Compression Sleeves (DVT)
    Diagnostic Electrophysiology Catheters
    Electrophysiology Cables
  • Laparoscopic Medical Devices
    Endoscopic Trocars And Components
    Harmonic Scalpels
  • Orthopedic/ Arthroscopic Medical Devices
    External Fixation Devices
  • Gastroenterology Medical Devices
    Biopsy Forceps
  • General Surgery Medical Devices
    Balloon Inflation Devices
    Infusion Pressure Bags
Reprocessed Medical Devices Market, by Geography

  • North America
  • United States
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)
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Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge

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Drugs of Abuse Testing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2018

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The global drugs of abuse testing market is rapidly growing due to the rising awareness of government and non-government organizations towards ill effects of illicit drugs and to control socio-economical losses associated with drug abuse. Globally rising consumption of illicit drugs, adoption of drug of abuse (DOA) testing at organizational level, increased production of illicit drugs and their trade and increasing death rates/road accidents due to drug abuse is also supporting the growth of the drugs of abuse testing market.
Urine is the largest sample which is diagnosed in the drugs of abuse testing market and it is expected to grow at a CAGR of 5.0% during 2013 – 2018. The other major samples for drugs of abuse testing are Saliva and Hair. This report forecasts future potential of all these drugs of abuse testing markets and analyses drivers and opportunities, restraints and challenges, market trends, Porter’s forces, competitive landscape and company profiles of key players.
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The report categorizes the global drugs of abuse testing market based on their type and geography. Laboratory based drug of abuse testing requires a trained and skilled person to provide an accurate result and involves in-depth analysis. In laboratory screening test, usually the test is reconfirmed using gas chromatography/mass spectrometry or any other superior techniques to provide accurate results. On-site drugs of abuse testing gives results on the spot and is generally preferred for those who take the drug test at home, workplace and educational institutions. The most common specimens used in on-site drugs of abuse testing are urine, saliva and hair. Nowadays, commercially-available on-site drugs of abuse screening test kits are usually designed for urine and saliva specimens only. In the segment of geographic analysis, the report identifies and analyses drugs of abuse testing market sizes and forecast of North America, Europe, Asia Pacific and Rest of the World (RoW). North America region covers the scenario of the US. Europe region covers the scenario of France, Germany and the UK. Asia Pacific region highlights the scenario of India, China and Japan.

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About Us:
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact :
Transparency Market Research
90 State Street, 
Suite 700, 
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http:/www.transparencymarketresearch.com/

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Biosensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

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Biosensors refer to analytical devices used to detect the presence of an analyte. Biosensors are most commonly used in the medical field and growing applications have fueled the global market. The market has been witnessing impressive expansion in recent years as a result of the growth of the worldwide diabetic population. Increase in diabetics means increased demand for diagnostic devices that use biosensor technology. Moreover, there has been a rise in demand for miniature diagnostic devices, which aids the novel biosensors market. In contrast, unfavorable reimbursement policies and increased cost of R&D are likely to challenge the growth of the biosensors market.

Integral components of global biosensors market

The biosensors market is highly fragmented and can be segmented on the basis of applications, technologies, end users, and geography. The key end users include home healthcare diagnostics, security and bio-defense, point of care testing, research laboratories, and food industry. The major application areas of biosensors include environment, medical, food toxicity detection, agriculture, industrial process control, and others such as drug abuse prevention and bio-defense. By technology, the biosensors market can be segmented into piezoelectric, electrochemical, thermal, and optical. Region-wise, the global market is categorized into Europe, North America, Asia-Pacific, and Rest of the World.


North America surges ahead in terms of demand

Based on data published by a leading market intelligence firm, the global biosensors market was worth US$12.46 billion in 2013 and is projected to be worth US$21.64 billion by 2020, registering a CAGR of 8.1% during the forecast period of 2014-2020.

In terms of geography, North America ruled the global biosensors market, accounting for more than 35% of the overall market share in 2013. This impressive growth of the North American market is attributed to technological advancements in medical diagnostics, presence of pharmaceutical R&D facilities, better healthcare infrastructure, growing awareness regarding biosensors among the population, and increasing incidences of chronic diseases. On the other hand, Asia-Pacific is expected to witness considerable growth, expanding at an over 9.5% CAGR from 2014 to 2020. Countries such as India, Australia, China, South Korea, Japan, and Malaysia are largely responsible for this growth owing to easy availability of skilled labor and larger population base. In addition to this, improved healthcare infrastructure, increasing support from governments, and easy penetration of the biosensors market in emerging economies are projected to support the Asia-Pacific market.

Segment analysis of the global biosensors market
Application-wise, the medical segment accounted for the maximum share of the overall biosensors market in 2013. This is mainly due to the fact that people across the globe have been demanding more accurate, reliable, and speedy results. In addition, the use of portable and user-friendly diagnostic devices to measure life-threatening diseases has grown in recent years, thereby fueling the biosensors market.


In terms of end users, point of care testing was the largest segment of the biosensors market, accounting for over 40% of the total share in 2013. Better patient outcome as well as optimization of care process is credited for this growth. However, owing to the rise in drug screening procedures and drug discovery, the research laboratories segment of the biosensors market is anticipated to register an 8.5% CAGR during the forecast period.


Within the technology segment of the biosensors market, electrochemical biosensors enjoyed more than 70% of the global share in 2013 due to increasing demand for reliable and speedier analytical procedures, and growing prevalence of chronic diseases in the world. However, owing to urgent need to screen and monitor environmental pollutants, optical biosensors are expected to register the highest growth rate of more than 8% during the forecast period.

The biosensors market is predominantly consolidated with a handful of prominent participants such as AgaMatrix, Inc.,LifeScan, Inc.,F. Hoffmann-La Roche Ltd.,LifeSensors,Inc.,Siemens Healthcare,Nova Biomedical Corporation, Animas Corporation, Abbott Point of Care, Inc.,and Medtronic,Inc.

About Us:

Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact Us:

Transparency Market Research
90 State Street, 
Suite 700, 
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/ 

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