Audiological Devices Market - Global Industry Analysis,Trends and Forecast, 2012 - 2018
Audiological
devices are used for the study of hearing and are used by
audiologists for the diagnosis and treatment of hearing loss.
Age-related hearing loss is attributed to the normal aging process
and other demographic factors such as environmental conditions and
occupation. In addition, an individual’s genetic predisposition can
also be considered as a significant factor contributing to hearing
impairment. With the advent of virtually invisible and compact
hearing aid systems, audiology devices are expected to become
ubiquitous consumer electronics in the future.
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The
progress of hearing aids thus depends on industrial innovations
either in incremental or radical steps. Incremental advances are easy
to identify as these involve progressions and advancements in the
existing technologies, whereas radical changes are unpredictable as
they involve introduction of a new concept and technology which has
not been used earlier. Early and efficient diagnosis of hearing
impairment ensures effective treatment measures to enhance the
hearing capacity of the patient. This research report on audiological
devices market explains various advancements occurring in this market
and analyzes the global audiological devices market by product types
as well as by geographic regions. This report comprises an elaborate
executive summary, which includes a market snapshot that provides
market dynamics of various segments and sub-segments that are
included in the report in a precise manner.
A
detailed qualitative analysis of the factors responsible for driving
and restraining the growth of the global audiological devices market
and future opportunities has been provided in the market overview
section. This section of the report also provides market
attractiveness analysis and porter’s five forces analysis and key
players’ market share analysis in 2011 in the audiological devices
market.
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The
global market for audiological devices by product type has segmented
into hearing aids, bone anchored hearing aids (BAHA), cochlear
implants and diagnostic devices. Hearing aids devices are further
categorized into behind-the-ear (BTE) aids, receiver-in-the-ear aids,
in-the-ear (ITE) aids and canal hearing aids (In-the-Canal (ITC).
Likewise, diagnostic devices are further segmented as audiometers,
tympanometers and otoscopes. The market for these devices has been
extensively analyzed based on consistency, effectiveness and sales
revenue of the various products developed by the manufacturers. The
market size and forecast in terms of USD million for each product has
been provided for the period 2010 to 2018. The report on the
audiological devices market also provides % compounded annual growth
rate (CAGR) for each of the aforementioned market segment and sub
segment for the forecast period 2012 to 2018, considering 2011 as the
base year.
Geographically,
the audiological devices market has been categorized into four major
regions: North America, Europe, Asia-Pacific, and Rest of the World
(RoW). The market size and forecast for each of these regions have
been provided for the period 2010 to 2018 along with CAGR (%) for the
forecast period 2012 to 2018. The research study also incorporates
the competitive scenario of major players in these regions.
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A
list of recommendations has been provided for new entrants to help
establish a strong presence and for existing market players to
increase their market share. The report concludes with the profiles
of major players in the audiological devices market based on various
attributes such as company overview, financial overview, business
strategies, product portfolio and recent developments. Major market
players profiled in this report includes Cochlear Limited, GN ReSound
Group, Siemens Healthcare, Sonova Holding AG, Starkey Hearing
Technologies, Widex A/S and William Demant Holding A/S.
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Sterilization Equipment and Disinfectants Market - Global Industry Analysis and Forecast, 2013 - 2019
Sterilization
equipment and disinfectants are essential procedures products for
infection control in healthcare facilities such as hospitals, clinics
and laboratories. Medical devices and pharmaceutical products are put
into sterilization equipment to sterilize them. Similarly,
Disinfectants are applied on medical devices and pharmaceutical
products to disinfect them for their further usage. Increase in
hospital acquired infections has compelled medical professionals to
take strict regulatory actions to cure these infections with the use
of various sterilization equipment and disinfectants. This factor
will trigger the growth of sterilization equipment and disinfectants
market during the forecast period. In addition, rise in geriatric
population and increase in the number of surgeries performed at
hospitals and clinics will further drive the growth of this market.
This is due to the fact that elderly people are prone to various
diseases that will increase their hospital visit and uptake of
various medical services which will use medical device. Hence, to
clean these devices, sterilization equipment and disinfectants would
be used and in turn will increase the growth of this market.
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The
global sterilization equipment market, based on product type has been
segmented as heat sterilization equipment, low temperature
sterilization equipment, radiation sterilization equipment and
filtration sterilization equipment. The market for these products has
been extensively analyzed based on number of installed base,
efficiency, application area and cost. The market size and forecast
in terms of USD million for each product type has been provided for
the period 2011 to 2019, considering 2012 as the base year. The
report also provides compounded annual growth rate (% CAGR) for the
forecast period 2013 to 2019 for each segment.
The
global disinfectants market has been segmented based on types as low,
intermediate and high level disinfectants, and oxidizing and
non-oxidizing disinfectants. The market for these products has been
extensively analyzed based on the consumption pattern, efficiency,
application area and cost. The market size and forecast in terms of
USD million for each product type has been provided for the period
2011 to 2019, considering 2012 as the base year. The report also
provides the compounded annual growth rate (% CAGR) for the forecast
period 2013 to 2019 for each segment.
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The
global market for sterilization equipment and disinfectants has also
been segmented based on application as life sciences, medical devices
and pharmaceuticals. The market for these products has been
extensively analyzed based on the number of hospitals, pharmaceutical
and life-sciences companies, and compatibility of sterilization
equipment and disinfectants for cleaning. The market size and
forecast in terms of USD million for each product type has been
provided for the period 2011 to 2019, considering 2012 as the base
year. The report also provides the compounded annual growth rate (%
CAGR) for the forecast period 2013 to 2019 for each segment. In
addition, current market trends and recent developments have been
taken into consideration while determining the growth rate of the
global sterilization equipment and disinfectants market.
Market
forecast in terms of value (USD million) for the period 2013 to 2019
has been provided for four major geographic regions: North America,
Europe, Asia-Pacific and Rest of the World (RoW). Detailed
qualitative analysis of the factors responsible for driving and
restraining the growth of the sterilization equipment and
disinfectants market and future opportunities are provided in the
report. PESTLE analysis has also been done while estimating
individual geographies in order to provide current as well as future
status. A list of recommendations for existing as well as new
entrants has been discussed in the study to help in decision making.
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Some of
the key players of the global sterilization equipment and
disinfectants market include Getinge Group, STERIS Corporation,
Nordion, Inc., Advanced Sterilization Products Services, Inc. and
Synergy Health plc. Market players are profiled in this report on the
basis of attributes such as company overview, financial overview,
business strategies adopted by the companies to ensure sustainability
and maximize profits and product portfolio, and recent developments.
The
global Sterilization Equipment and Disinfectants market has been
segmented as below:
Sterilization Equipment and
Disinfectants Market, by Type
- Heat Sterilization Equipment
- Autoclave
By
Product
- Traditional
- Table Top
By
Technology
- Gravity Displacement
- Pre-Vacuum Displacement
- Steam Flush Pressure Pulse
- Hot Air Oven
- Low Temperature Sterilization Equipment
By
Technology
- Ethylene Oxide Sterilization
- Vaporized Hydrogen Peroxide
- Hydrogen Peroxide Gas Plasma
- Filtration Sterilization
- Radiation Sterilization
By
Technology
- Gamma Sterilization
- E-Beam
- Others
- Disinfectants Market, by Type
- Low, Intermediate and High level
- Oxidizing and Non-Oxidizing
Sterilization equipment and
disinfectants Market, by Applications
- Medical Devices
- Pharmaceutical
- Lifesciences
Sterilization equipment and
disinfectants Market, by Geography
- North America
- Europe
- Asia-Pacific
- Rest of the World (RoW)
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Cosmetic Implants Market - Global Industry Analysis, Size, Share, Growth, Trends & Forecast, 2014 - 2020
Cosmetic
implants are the devices used to place inside or over the body
part(s) in order to modify the beauty and physical appearance of an
individual. Cosmetic implants are widely used to serve various
purposes in cosmetic industry, such as replacement of missing parts,
modification of physical appearance and social and psychological
satisfaction. Cosmetic implants market report studies the current as
well as future scenario of the market globally.
The
market overview section of the cosmetic implants market report
comprises qualitative analysis of the overall market considering the
factors determining the market dynamics such as drivers, restraints
and opportunities, along with Porter’s five forces analysis and
market attractiveness analysis. In addition, thorough analyses of
various events, which occurred in the past ten years and are expected
to occur during forecast period, are also provided in the market
overview section of the report. In this section, the major events,
which affected the market and are expected to affect the market, are
studied. Further, value chain analysis (VCA) for cosmetic implants is
also provided, which highlights the major stages of the development
of cosmetic implants. The entire section of market overview plays an
important role in understanding the market at a global level.
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The
market overview section of the cosmetic implants market report also
provides a highlight of the competitive landscape of the market
wherein the market share analysis of the leading players in the
cosmetic dental implants market and cosmetic implants market
(excluding cosmetic dental implant segment), in terms of percentage
share in 2013 has been discussed.
The
cosmetic implants market has been segmented on the basis of sources
and applications. On the basis of sources, the market is categorized
as biological, polymer, metals and ceramic materials, whereas on the
basis of applications, it is segmented into breast implants, dental
implants, facial implants and other implants (penile, calf and
buttock implants). The market for these sources and applications has
been extensively analyzed on the basis of demand for specific implant
products and raw materials in particular application segment. Rising
number of cosmetic and implant surgeries across various regions of
the world and increase in awareness about cosmetic implants and their
benefits are also discussed in the cosmetic implants market report.
The market size and forecasts in terms of revenue (USD million) for
each of these segments have been provided for the period 2014 to
2020, considering 2012 and 2013 as the base years. The cosmetic
implants market report also provides the compounded annual growth
rate (CAGR) for each segment of the market for the forecast period
2014 to 2020.
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Geographically,
the cosmetic implants market has been segmented into four major
regions: North America, Europe, Asia Pacific and Rest of the World
(RoW). The market size and forecast for each region has been provided
for the period 2012 to 2020, along with the CAGR (%) for the forecast
period 2014 to 2020. The detailed percentage share analysis of every
source and applications of cosmetic implants has been provided for
each geographical region. The cosmetic implants market study also
includes qualitative analysis of the competitive scenario in these
regions. A list of recommendations has also been included for new
entrants as well as existing market players to help them establish a
strong presence in the market and accentuate market shares. The
report concludes with the profiles of major players in the cosmetic
implants market such as 3M Health Care, Aesthetic and Reconstructive
Technologies (AART), Inc., Allergan, Inc., DENTSPLY International,
Inc., GC Aesthetics, Implantech Associates, Inc., Institut Straumann
AG, Mentor Worldwide LLC, Nobel Biocare Holding AG, Sientra, Inc.,
Spectrum Designs Medical, and Zimmer Holdings, Inc. Market players
are profiled based on attributes such as company overview, financial
overview, business strategies adopted by the companies to ensure
sustainability and maximize profits, product portfolio and recent
developments.
Global
Cosmetic Implants Market is segmented as follows:
Global
Cosmetic Implants Market:
By
Types of Sources
- Polymers
- Metals
- Ceramics
- Biologicals
By
Applications
- Breast Implants
- Dental Implants
- Facial Implants
- Others (Buttock, Penile and Calf Implants)
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Mobile Imaging Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
The
importance of medical imaging systems is growing day by day owing to
their increasing applications in the field of neurology, cardiology
and in women's health. This is also increasing burden on the service
providers who are dependent on their fixed imaging modalities, thus
arising the need for the mobile medical imaging systems. Mobile
imaging services are technologically identical to fixed imaging
systems, albeit with some physical differences. The mobile imaging
systems are designed to be installed in large vans/trailers that
operate as mobile scanning rooms and can be taken to various sites
offering extended care. These mobile trailers are outfitted with
operator workstations, proper magnetic shielding, and other
peripherals for suitable operation. Imaging modalities like
mammography, computed tomography (CT), magnetic resonance imaging
(MRI), and now even positron emission tomography/computed tomography
(PET/CT) are the ones that are used in the mobile trailers in
addition to some of the non-imaging modalities such as cardiac
catheterization and lithotripsy units. These outsourced radiology
imaging services are majorly concentrated in the U.S. and to some
extent in Europe. Hospitals largely contribute in adopting these
mobile vehicles on rent for a short period of time and accordingly
perform procedures on patients.
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This
report studies the global market for mobile imaging services
encompassing service type, end-users and geography. Service type
segment includes X-ray, MRI, CT, ultrasound, PET/CT, bone
densitometry and mammography. Major end-users in mobile imaging
services market comprise hospitals and private clinics, home
healthcare service providers, rehabilitation centers, geriatric care
and hospice agencies, sports organizations, military institutions and
prisons. Each of these segments and sub-segments has been analyzed in
detail from market trends, recent developments, future outlook and
opportunities, and various service providers. The report provides
market size in terms of USD million for each segment for the period
2012 to 2020, considering the macro and micro environmental factors.
In addition, the compounded annual growth rate (CAGR) of the overall
mobile imaging services market and the segments has also been
provided in the report for the forecast period 2014 to 2020,
considering 2012 and 2013 as the base years. This report includes an
elaborate executive summary, which covers a market snapshot
representing key findings from the study.
Geographically,
the mobile imaging services market has been classified into four
regions namely, North America, Europe, Asia Pacific and Rest of the
World (RoW). The market size and forecast for each of these regions
along with CAGR for the forecast period from 2014 to 2020 have also
been provided in the report. A detailed qualitative analysis of the
major factors determining market dynamics such as drivers, restraints
and opportunities, along with the market attractiveness analysis are
discussed in the market overview section of the mobile imaging
services market report. The study on mobile imaging services suggests
a list of recommendations for new companies willing to enter the
market and for existing companies to accentuate shares, which is
likely to help in the decision-making process. Heat map analysis has
also been provided for various mobile imaging service providers in
this market.
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The
study is a robust combination of primary and secondary research.
Primary research formed the bulk of our research efforts with
information collected from telephonic interviews and interaction via
e-mails. Secondary research involved study of company websites,
annual reports, press releases, stock analysis presentations, and
various international and national databases for patents, clinical
trials, demographics, disease incidence/prevalence, etc. The key
players operating in the mobile imaging services market are Alliance
Healthcare Services, Accurate Imaging, Inc., Axiom Mobile Imaging,
Cobalt Imaging Center, Center for Diagnostic Imaging, DMS Health
Technologies, Inhealth Group Limited, Front Range Mobile Imaging,
Interim Diagnostic Imaging, Inc., Nuffield Health, Jacksonville
Mobile Imaging, Inc., and VanScan Ltd.
The
global mobile imaging services market is segmented as follows:
Mobile
Imaging Services Market, by Type
- X-ray
- Ultrasound
- Magnetic Resonance Imaging
- Computed Tomography
- Positron Emission Tomography/ Computed Tomography
- Bone Densitometry
- Mammography
Mobile
Imaging Services Market, by End-users
- Hospitals and Private Clinics
- Home Healthcare Service Providers
- Rehabilitation Centers, Geriatric Care and Hospice Agencies
- Sports Organizations
- Others (Military Institutions, Prisons)
Mobile
Imaging Services Market, by Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
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Biosensors Market - Global Industry Analysis,Trends and Forecast 2014 – 2020
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.
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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.
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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.
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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.
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Wound Dressings Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020
Wound
dressing practices have been present since the earliest of human
civilizations in their conventional style. But these practices were
incomplete, as these wound dressing methods did not offer adequate
condition for the development of new skin cells. It was discovered
recently that moisture and appropriate aeration is essential for
proper growth of underlying epidermal or endoderm cells. This not
only helped the wound to heal faster, but also reduced patient
discomfort to a great extent.
At
present, the global wound dressing market includes products that are
used to treat household accident cases, trauma patients, and
diabetic, as well as aged population, who have ulcerative
complications. Tissue necrosis and skin ulcer and dominate the global
concerns among the diabetic individuals and the rural population with
inadequate access to medical facilities. This major driver led to
innovations in wound care technology that is provided by advanced
wound management products all over the world, at present.
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Global
Wound Dressing Market - Segmentation
The
wound dressings market has been segmented on the basis of types of
products and the geographical distribution.
The
product segment has been divided into conventional wound dressings
and advanced wound dressings. The conventional wound dressings
segment consists of wound closure products such as gauze tapes,
surgical cotton swabs, basic wound care products, sponges, and
anti-infective dressings. The advanced wound dressings segment
consists of developing and advanced wound dressings such as films,
hydrofiber, foams dressings, hydrogels, hydrocolloids, collagen, and
alginates.
Geographically,
the wound dressing market is segmented into four regions: North
America, Europe, Asia Pacific and Rest of the World, of which Asia
Pacific was the largest market for conventional wound dressings in
2013.
Global
Wound Dressing Market - Overview
Rise
in aging population is likely to trigger the growth in the wound
dressing market. In addition to it, surge in chronic diseases is also
expected to enhance the market growth. Faster healing time is gaining
favor among emergency care and ICU staff. Increasing patient
awareness and healthcare expenses and the growth in wound infections
incidences encourage the sale of wound dressings.
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The
increasing cost of advanced wound dressings is the main restriction
in penetrating into Asian Markets. Reluctance in accepting novel
technologies at GP level is creating a negative impact on sales.
Additionally, the unfavorable reimbursement situation is also
contributing to limit the growth of the global wound dressings
market.
The
market can benefit by focusing on the growth of combination dressings
and investments in emerging economies.
Analyzing
the Global Wound Dressing Market
In
terms of revenue, foams is the leading product of the advanced wound
dressings segment. It has experienced the fastest growth owing the
faster healing and innovations within the basic design, offering wide
range of wound coverage. Films, alginates, collagen, and hydrogels
would show moderate growth during 2014 to 2020. Products such as
hydrofiber and hydrocolloids would show remarkable growth potential
and are likely to be growing in the future.
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RoW
accounted for the highest growth in the conventional wound dressings
segment and is estimated to continue to lead the segment by the end
of 2020. This is credited to the price sensitive markets and the
strong traditional backgrounds that rule the healing procedures in
this region. North America, specifically the U.S., was the biggest
market for advanced wound dressings in 2013, in terms of revenue.
Asia Pacific showed the fastest growth rate and is likely to lead the
global wound dressing market by the end of 2020.
Key
Players
ConvaTec,
Inc., Derma Sciences, Inc., 3M Health Care, Medline Industries, Inc.,
Kinetic Concepts, Inc., Coloplast A/S, B. Braun Melsungen AG,
Molnlycke Health Care, Systagenix Wound Management, Ltd., PAUL
HARTMANN AG, and Smith & Nephew plc. are the top companies in the
wound dressing market.
The
market can benefit from emphasizing on the expansion of novel
combination dressings. Focusing on developing economies for advanced
wound dressing products and building distribution network to create
market presence can also add to the growth of wound dressing market.
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Medical Specialty Bags Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
Medical
specialty bags are for controlling several disorders that stem from
medical conditions such as bile leakage and bowel incontinence. These
bags are also used for storing blood, cadaver, and packaging
sterilized items. Global aging population, growing global
healthcare-related consumer spending, lenient FDA regulations for
class 1 medical devices, consumer awareness programs, and government
initiatives are the key factors that drive the development of the
medical specialty bags market worldwide.
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Medical
Specialty Bags Market - The Driving Forces
The
main factors for the growth of the medical specialty bags market are
a rise in the number of hospitals in developing economies, heightened
demand for medical specialty bags due to rapidly aging population,
lenient FDA approvals for class 1 medical devices, and reimbursement
options, which encourage patients to undergo expensive treatments.
However, the restraints in the growth of the medical specialty bags
market are the presence of alternative medical procedures and lack of
awareness about medical conditions and disorders. Additionally, poor
awareness of diseases also lessens the number of medical procedures,
limiting the demand for medical specialty bags.
The
market for medical specialty bags has opportunities in the improving
healthcare sectors in developing economies. This factor is expected
to add to the numbers of healthcare procedures and benefit the
market, while a higher number of chronic diseases would also add
significantly to market growth.
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Medical
Specialty Bags - Product Segment Analysis
According
to product type, the medical specialty bags market is segmented into
enteral feeding bags, bile collection bags, blood bags, resuscitation
bags, cadaver bags, continuous ambulatory peritoneal dialysis (CAPD)
bags, enema bags, intravenous fluid bags, urinary collection bags,
anesthesia breathing bags, ostomy collection bags, and ice bags.
As
of 2013, ostomy collection bags contributed for the largest share in
the medical specialty bags market due to the persistence of chronic
diseases such as ulcerative colitis and Crohn’s disease. Growing
number of geriatrics, the rise in the number of consumer awareness
programs, and increasing disposable income of customers are also
contributors to the growth of the market for medical specialty bags.
However,
intravenous fluid bags comprised the largest share in the medical
specialty bags market in terms of volume. Extensive usage of these
bags in healthcare procedures, their effectiveness in speedy
nutrition delivery, and convenience are the main factors that are
driving the demand for these bags globally. Blood bags are reported
as being the fastest emerging category in the market, from the
standpoint of both revenue and volume.
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Geographical
Segmentation of Medical Specialty Bags Market
Geographically,
the global market for medical specialty bags is segregated into four
regions: North America, Europe, Asia Pacific, and Rest of the World.
The market leader for medical specialty bags in 2013 was North
America. Increasing frequencies of diseases, rising incidences of
obesity and related disorders, consumer-friendly reimbursement
policies, approval of innovative products, and definite
infrastructure investments that support healthcare facilities in
North America were the key factors that it to reach the top.
The
development of countries in the Asia Pacific region has led to the
speedy growth of medical infrastructure, increased disposable income,
awareness about diseases and medical conditions. Furthermore, the
demand for a healthy lifestyle has resulted in increased healthcare
procedures, leading to a rise in the demand for medical specialty
bags. Coupled with these factors, strong economic growth in Asian
countries such as China, Philippines, India, and Singapore as well as
Australia make Asia-Pacific the most opportunity-rich market for
medical specialty bags during 2014 to 2020.
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Medical
Specialty Bags Market – The Leading Names
Braun
Melsungen AG, Fresenius SE & Co. KGaA, Nolato AB, Smiths Medical,
Baxter International, Inc., Coloplast A/S, Medline Industries Inc.,
Hollister Incorporated, ConvaTec, Inc., Terumo Corporation, and
Macopharma SA are the major producers of medical specialty bags.
The
global medical specialty bags market is estimated to reach US$10.31
billion by the end of 2020.
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