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text 2019-06-19 13:37
Rapid Diagnostics Market Major Competitors and Business Strategies

19 June 2019, Global rapid diagnostics market is expected to grow at a significant CAGR of 7.56% in the upcoming period as the scope and its applications are rising enormously across the globe. Rapid diagnostics test (RDT) is a diagnostic assay designed for use at the point-of-care (POC) or emergency medical screening. It is easy to operate, available at low cost, stable at the high temperature, and are sensitive.

 

The factors that are playing a major role in the growth of market are the growing occurrence of infectious and chronic diseases, availability of skilled healthcare personnel’s, the growth in number patients suffering from diabetes and cardiovascular diseases, and the increasing presence of OEMs. However, time-consuming and strict regulatory policies may restrain overall market growth in the years to come. Rapid diagnostics market is segmented based on product type, application, end user, and region.

 

Professional and over-the-counter (OTC) rapid diagnostics test are the product types that could be explored in rapid diagnostics in the forecast period. The market may be categorized based on applications like coagulation testing, blood glucose testing, toxicology testing, cardio metabolic testing, fecal occult testing, infectious disease testing, pregnancy and fertility testing, and others could be explored in rapid diagnostics in the forecast period. The blood glucose-testing sector accounted for the substantial share of rapid diagnostics market and is estimated to lead the overall market in the years to come. In addition, pregnancy and fertility testing sector is estimated to grow at the fastest pace in the years to come.

 

 

 

Based on end-users, home care settings, hospitals and clinics, clinical diagnostic laboratories, and others could classify rapid diagnostics in the forecast period. Hospital and clinics sector accounted for the significant share of the market and is estimated to continue with its dominance in the years to come. The reason could be enhanced operations at point-of-care (POC) and provide enhanced patient care.

 

Globally, North America accounted for the substantial share of rapid diagnostics market and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the growing occurrence of lifestyle diseases, a government initiative to support the acceptance of POC, the presence of developed healthcare infrastructure, and the rising number of product approvals. The United States is a major consumer of rapid diagnostics in this region.

 

Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of rapid diagnostics in this region. The key players of rapid diagnostics market are Siemens Healthcare, Abbott, F. Hoffmann-La Roche, BD, Danaher, and bioMérieux. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

 

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text 2019-06-19 12:54
Contact Lens Solutions Market Prominent Players and Regional Analysis

19 June 2019, Global contact lens solutions market is anticipated to witness an exponential growth in the forecast period. A contact lens solution is a liquid used to disinfect and store contact lenses after use. It aids in maintaining the quality of lenses. The factors that propel the growth of the market include increased preference for contact lenses over spectacles in young adults, the introduction of novel silicone hydrogel-based polymers, and increasing occurrence of eye disorders and visual inaccuracies.

 

On the other hand, there are factors that may hamper the growth of the market including low consciousness and alternate therapies for the correction of refractive errors such as PRK and LASIK and safety concerns. Contact lens solution market is anticipated to expand at a significant CAGR of 9.45% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

 

The market could be explored by product type, design, usage, technology, and geography. Market by product type could span Soft lens, RPG lens, and Hybrid lens. The “Hybrid lens” segment led the contact lens solutions market in 2017 and will continue to lead in the forecast period.

 

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Based on design, the market could span Multifocal, Toric, Spherical, and Others. The “Multifocal Lenses” segment led the market in 2017 and will continue to lead in the forecast period. The key factors that could be attributed to the growth of the market include usage in treating age-related ophthalmic syndromes such as presbyopia. Multifocal lens segment is followed by “Spherical Lens” segment and anticipated to grow high in the forecast period.

 

The market could be explored based on usage as Cosmetic, Therapeutic, Corrective, Lifestyle-oriented, Prosthetic, and others. The “Corrective Lens” segment led the market in 2017 and will continue to lead in the forecast period. The key factors that could be attributed to the growth of the market include increasing consciousness among people and increasing demand. The “Corrective Lens” segment is followed by the “Therapeutic” segment in the years to come. The market could be explored based on technology as Lathe Cutting, Spin Casting and Cast Molding.

 

North America accounted for the major share of the contact lens solutions market in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include significant government funding for drug development, the occurrence of improved healthcare infrastructure, large-scale saturation of contact lens and economies such as the Canada and US are observing the introduction of numerous innovative products. North America is followed by the North American region.

 

Some of the key players that fuel the growth of the contact lens solutions market comprise Novartis AG, Johnson &Johnson Vision Care, Bausch + Lomb, Cooper, NEOVISION CO, LTD, Neovision Co, Ltd, Menicon Co., Ltd, Hoya Corporation, Seed Co. Ltd, Oculus Private Limited, Beacon Co., Ltd, St. Shine Optical Co., Ltd and CAMAX OPTICAL CORP. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

 

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text 2019-06-18 08:41
Blockchain Technology in Healthcare Market is Expected to Arrive at USD 11.5 billion by 2026

June 18, 2019: The global blockchain technology in healthcare market size is expected to reach USD 11.5 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 63.9% during the forecast period. Increasing need to prevent drug counterfeit coupled with demand for efficient clinical data management is anticipated to drive the growth. Furthermore, technological advancements and untapped opportunities in the healthcare sector are some of the major factor leading to the adoption of the technology.

 

Blockchain technology has grown at a rapid pace in the past few years. The technology has been utilized by the big corporations for profit maximization and cost cutting. Many leading healthcare and life science companies including Pfizer Inc.; Amerisource Bergen Corporation; McKesson Corporation; and Premier Inc.

 

Download sample Copy of This Report at: https://www.radiantinsights.com/research/blockchain-technology-healthcare-market/request-sample

 

have all recently joined blockchain-powered project MediLedger to tackle the inadequacies of supply chain. Reduction or elimination in frauds and errors, reduction in delays from paperwork, identification of issues rapidly, minimization of courier costs, improvement in inventory management, and increase in consumer and partner trust are some of the purported benefits of blockchain technology facilitating supply chain management.

 

Furthermore, the pharmaceutical industry is only one part of the overall healthcare ecosystem which is vigorously exploring the use cases of the blockchain and many of the ideas already have the proof-of-concept implementations. The technology holds ability to effectively improve the patient care while maintaining the funds at reasonable rate. The hindrances and challenges that arise in multiple level authentication can also be eliminated through the adoption of blockchain. Furthermore, with the growing adoption, the technology has made its way to healthcare sector. Even at its beginning and infancy stage, the technology is being accepted by the people and company in the healthcare ecosystem.

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Clinical data exchange and interoperability segment of the blockchain technology in healthcare market is expected to expand at the considerable CAGR during the forecast period. Clinical data exchange and interoperability are currently the most vulnerable processes affected by a huge data breach and drug counterfeit. For Instance, according to the Health Research Funding Organization (HRFO), in 2017, nearly 10% to 30% of the drugs in emerging countries were not original, which represent a huge market of drug counterfeit. The U.S. healthcare industry, in 2017, bore a loss of about $200 billion annually, due to counterfeit issues.

 

Further key findings from the study suggest:

  • Drug and medical device companies accounted for the largest market share in the end use segment in 2018

 

  • Clinical data and e-consenting segment held over 26.0% market share in 2018.

 

  • Private blockchain type segment is anticipated to witness the fastest growth due to supportive legislative policies in developed countries

 

  • Europe held the leading market share of over 35.0% in 2018, attributed to increase in incidence of data breaches, supportive government policies, favorable reimbursement schemes, rise in awareness, and increase in number of training programs

 

  • Key players operating in the blockchain in healthcare market include IBM Corporation; Microsoft; PokitDok, Inc.; Patientory, Inc.; GuardTime; Blockpharma; MedRec; iSolve, LLC; DeepMind Health; and Stratumn; among others.

 

About Radiant Insights

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

 

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text 2019-06-17 11:17
Animal Healthcare Market Analysis, Growth Opportunities, and Research Report

17 June 2019, The global animal healthcare market is expected to value at USD 32.04 billion by 2022. The market is subject to witness a substantial growth due to the growing prevalence of zoonotic and food-borne diseases across the globe. Development of advanced vaccines and pharmaceuticals by healthcare manufactures are expected to drive the growth of animal healthcare market over the forecast period.

 

Increase in the number of promotional activities by both government as well as private bodies across the globe are expected to fuel market demand in the upcoming years. In addition, several healthcare organization are making serious efforts to control pathogen contamination risks and food-borne diseases. These factors are predicted to propel market demand in the near future. Globally, the market is predicted to grow at a significant CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the animal healthcare market.

 

The recent technological advancements animal healthcare sector coupled with development of novel drugs are expected to play vital role in future market growth. Furthermore, increasing need for expanding the existing food supply through large-scale adoption of livestock is expected to favor market growth as well. Elevated manufacturing of animal-based food products is projected to steer substantial price reduction. These factors offer easy access to food at lower prices, thus propelling the market growth. Current advances in veterinary healthcare are predicted to offer lucrative growth opportunities for industry participants over the upcoming years.

 

 

 

 

The market is broadly categorized into four major segments based on the application type such as vaccines, food additives, pharmaceuticals and diagnostic consumables. The vaccines are considered as one of the growing segment in the animal healthcare market with substantial revenue generation in the last few years. Growing popularity of the vaccines segment is attributed to the recent technological advances in veterinary healthcare. The pharmaceuticals segment has also witnessed substantial growth owing to the rise in consumer awareness associated to farm animal healthcare.

 

The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in use of latest technologies in healthcare sector, increase in number of research & development activities in the region and existence of well-established medical infrastructure.

 

Asia-Pacific region is predicted to hold major market share in the animal healthcare market with massive growth in forecast period. Countries such as India, China, Australia and Singapore are leading the Asia-Pacific market due to increasing adoption of range of definitive measures by local government animal welfare organizations and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the animal healthcare market are Zoetis, Inc., Nutreco N.V., Merck& Co., Inc., Elanco, Inc., and Bayer AG.

 

Browse Related Category Market Reports @ https://www.millioninsights.com/industry/healthcare

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url 2019-06-13 15:04
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