Tuesday, April 30, 2019

Surgical Microscopes Market - 7 Countries offers significant growth opportunities in the market

According to research report the global surgical microscopes market is projected to reach USD 915.6 million by 2021 from USD 508.1 million in 2016, growing at a CAGR of 12.5% during the forecast period.
The global surgical/operating microscopes market is segmented on the basis of application, end user, and region. On the basis of application, the market is broadly segmented into neuro and spine surgery, plastic and reconstructive surgery, ophthalmology, gynecology and urology, oncology, dentistry, ENT surgery, and documentation. In 2016, the neuro and spine surgery segment is expected to account for the largest share of the market due to the increasing demand for surgical/operating microscopes in neurosurgery. However, the oncology segment is expected to grow at the highest CAGR during the forecast period. This can be attributed to the increasing prevalence of cancer around the world.
On the basis of end user, the surgical/operating microscopes market is segmented into hospitals and outpatient facilities. In 2016, hospitals are estimated to account for the largest share of the global surgical/operating microscopes market. The growing usage of surgical/operating microscopes in complex neurology, ENT, and dental procedures, and implementation of less-invasive surgical instruments during MIS procedures in hospitals are key market drivers in this end-user segment.
In 2016, North America is expected to account for the largest share of the global surgical/operating microscopes market. Factors such as the growing demand for minimally invasive surgical procedures, infrastructural advancements in healthcare facilities, and increase in the number of surgeries are driving the growth of the North American surgical/operating microscopes market.
The Asia-Pacific region (comprising China, India, and RoAPAC) is expected to grow at the highest CAGR during the forecast period. The high growth in this regional segment can primarily be attributed to the presence of high-growth markets such as Japan, China, India, South Korea, Taiwan, Australia, and Singapore. In recent years, the Asia-Pacific market for surgical/operating microscopes has witnessed significant growth due to improving R&D infrastructure, rising focus of market players, and increasing government initiatives.

Friday, April 26, 2019

Wearable Medical Device Market Top Players and Business Insights

According to research report the wearable medical devices market is expected to reach USD 14.41 Billion by 2022 from USD 5.31 Billion in 2016, at a CAGR of 18.3% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.
The key growth strategies adopted by the top companies (profiled in the report) include partnerships, collaborations, and agreements; new product launches and approvals; expansion, and acquisition.
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Prominent players in the wearable medical device market include Fitbit Inc. (U.S.), Philips Healthcare (Netherlands), Garmin Ltd. (Switzerland), LifeWatch AG. (Switzerland), Omron Corporation (Japan), Drägerwerk AG & Co. KGaA (U.S.), Withings SA.(France), Jawbone Inc. (U.S.) and Polar Electro Oy (Finland).
Companies are focused on various organic and inorganic growth strategies such as collaborations, and agreements; new product launches and approvals; expansion, and acquisition. These strategies helped the market players to build a robust position in the market, which helped in increasing demand of customers, and to expand their presence in the global market.
This research study involves the use of extensive secondary sources; directories; databases such as Hoovers, Bloomberg Business, Factiva, and Avention; white papers; annual reports; company house documents; and SEC filings of companies.
For estimating the size of the wearable medical device market, the segmental market revenues were obtained from secondary sources through extensive primary interviews. The segment-level markets were then added up to reach the total market size of each segment (type, distribution channel, End use, and applications). The wearable medical device market size was derived by adding the markets of all these segments. The total market derived through the bottom-up approach was again validated through secondary sources and interviews.
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The overall market size derived by the bottom-up approach was used in the top-down procedure to estimate the size of the wearable medical device market through the percentage splits obtained from secondary and primary research for each product segment

Thursday, April 25, 2019

Medical Holography Market Top Players and growth Strategies



According to research report the medical holography market is expected to grow from USD 163.4 million in 2015 to USD 953.9 million by 2021, at a CAGR of 33.7% from 2016 to 2021. The global medical holography market is in nascent stage with some of its products are still in developing stage. The global medical holography displays, software, and prints market is dominated by Holoxica Ltd. (U.K.), Zebra Imaging (U.S.), Echopixel (U.S.); while, the global medical holography microscopes market is dominated by Ovizio Imaging systems (Belgium), Lyncee Tec (Switzerland), and Phase Holographic Imaging (Sweden). In addition to these players, Realview Imaging (Israel), a prominent company in medical holography market is ready to launch advanced holography products for interventional and diagnostic imaging in the market.
RealView Imaging Ltd. (Israel) is a leading player in medical holography market, has developed the holographic clinical beta system, a system to project real-time medical holograms. The company is focused on finalizing the designing and production of its first commercial holographic technology integrated product and is dedicated towards raising funds to cater to its R&D activities. Holoxica Ltd. (U.K.) is another leading player in this market and is specialist in making full-color 3D holograms and holographic displays for scientific and medical applications. The company has developed hologram images of human brain, liver, eye, and ear to help doctors during surgeries.
On the other side Zebra Imaging Inc. (U.S.), a leading provider of three-dimensional (3D) digital holographic images and interactive 3D displays, is focusing on partnerships and collaboration to strengthen its presence in the market.
Focusing on digital holography microscopy, Lyncee Tec SA (Switzerland) and Ovizio Imaging systems (Belgium) are offering of holography microscopes for various biomedical research applications. Both these companies are laying emphasis on launching advanced microscopes by collaborating with other research organizations and academic universities.
Industry players adopted the strategy of new product launches; mergers and acquisitions; expansions; investments; agreements, collaborations, and partnerships as major growth strategies to achieve growth in the global medical holography market. In order to strengthen their market position and customer base, companies adopted agreements, partnerships, and collaborations as a key growth strategy. This strategy also helped companies to garner larger market shares and strengthen their customer base and production capacities. For instance, in June 2016, zSpace partnered with Visible Body (U.S.) to offer new software for zSpace’s VR (virtual reality) solution to provide virtual 3D human anatomic models of the human body to healthcare professionals, patients, and students across the globe.

Wednesday, April 24, 2019

Refurbished Medical Devices Market - Opportunities for Market Leaders in the Near Future

According to research report Refurbished Medical Devices Market - [Ultrasound, MRI, CT Scanner, C-Arm, Nuclear Imaging Systems, Heart-Lung Machine, Surgical, CO2 Monitor, Patient monitor, Pulse Oximeter, AED Defibrillator, Cath labs, Strechers, Endoscopy] - Global Forecast to 2021 is expected to reach USD 11.91 Billion by 2021 from USD 6.55 Billion in 2016, at a CAGR of 12.7%

Refurbishing of medical devices refers to restoring used equipment or systems into a condition of safety and effectiveness comparable to new ones through repairs, rework, updates, and replacement of worn parts.

The global Refurbished Medical Devices Market is poised to grow at a CAGR of 12.5% in the forecast period. This market is divided into four major regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In 2014, North America is expected to account for the largest share of the global Refurbished Medical Devices Market, followed by Europe. The large market share of this market is attributed to the growing aging population, high incidence/prevalence of various diseases (such as cancer and CVD), favorable regulatory scenario for sale and use of refurbished medical systems in both the U.S. and Canada, and declining insurance reimbursements for imaging procedures.
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However, the Asia-Pacific region is poised to grow at the highest CAGR of 13.7% during the forecast period. This is primarily due to the privatization of the healthcare sector, poor reimbursement scenario, huge patient population base, and presence of a large number of low budgets hospitals/clinics.
A number of players in the Refurbished Medical Devices Market are striving to expand their presence in both mature and emerging markets. For instance, in March 2010, the company launched its CT system manufacturing facility in Bangalore, India. Under this facility, the company refurbishes used medical devices. This enhanced the company’s refurbished medical equipment business in the emerging Indian market. Likewise, in November 2014, Royal Philips launched a new healthcare imaging system refurbishment facility in Best, the Netherlands. This enabled the company to offer a wide range of refurbished imaging devices in Europe.
Several companies such as Philips Healthcare (Netherlands), Soma Technology, Inc. (U.S.), GE Healthcare (U.K.), Block Imaging International, Inc. (U.S.), Siemens Healthcare (Germany), and DRE, Inc. (U.S.) are investing in this high-growth market to gain higher profits and to increase their shares in the global Refurbished Medical Devices Market.