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text 2022-02-07 10:41
IV Equipment Market worth $13.64 Billion By 2022 : Low Prices of Reprocessed Medical Devices
 

Intravenous (IV) therapy devices are used to administer liquid substances directly into a vein. They can deliver nutrients or medications such as insulin or other hormones, antibiotics, chemotherapy drugs, and pain relievers. Presently, many companies are developing various infusion devices capable of being integrated with alarm devices, monitoring devices, and data exchange systems.

[166 Pages Report] The overall IV equipment market is expected to grow from USD 10.07 billion in 2017 to USD 13.64 billion by 2022, at a CAGR of 6.2% from 2017 to 2022

The global burden of chronic diseases such as heart disease, stroke, cancer, chronic respiratory diseases, and diabetes is increasing rapidly. According to the World Health Organization (WHO) 2015, chronic diseases accounted for approximately 60% of the total reported deaths in the world. The proportion of the burden of chronic diseases (chronic non-communicable diseases) is expected to increase to 57% by 2020 from 46% in 2001.

Market Dynamics

1. Low Prices of Reprocessed Medical Devices
2. Pressure to Reduce Volume of Regulated Medical Waste

Increasing incidence of chronic diseases and rising geriatric population, a growing number of surgical procedures performed, rising demand for ambulatory infusion pumps due to the growing home care market, rising number of needlestick injuries and infections are the key factors driving the growth of this market

Download PDF Brochure @   https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=78345313 

The geographical regions mapped in the report are:

1. North America
2. Europe
3. Asia-Pacific
4. Middle East and Africa
5. Latin America

The IV equipment market in APAC is expected to grow at the highest CAGR during the forecast period. The demand for IV equipment and accessories in the APAC region is majorly driven by factors such as the large population base in the region, rising geriatric population, rising incidence of chronic diseases, improving accessibility to advanced healthcare facilities, rising healthcare spending, growing penetration of health insurance, increasing demand for advanced technologies, growing investments in emerging APAC countries by key market players, and expansion of private-sector hospitals to rural areas.

Some key players mentioned in the research report are:

Some of the prominent players in the global IV equipment market are Becton, Dickinson and Company (U.S.), B. Braun Melsungen AG (Germany), Baxter Interanl Inc. (U.S.), Fresenius SE & Co. KGaA (Germany), ICU Medical, Inc. (U.S.), Smiths Medical (U.K.), C. R. Bard, Inc. (U.S.), Terumo Corporation (Japan), Moog, Inc. (U.S.), and AngioDynamics, Inc. (U.S.). These players adopted both organic as well as inorganic strategies such as product launches and enhancements, collaborations and agreements, acquisitions and grant to sustain in this market.

 
 
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text 2021-11-05 13:32
ECG Equipment Market Research Methodology, Scope & Assumption

The global ECG Equipment Market size is expected to value at USD 6.3 billion by 2022. The ECG equipment industry is subject to witness a substantial growth due to increasing occurrence of chronic diseases, changing food patterns, significant adoption of ECG monitoring systems by healthcare professionals, and ease of operation of these devices. Increasing demand from healthcare specialists coupled with growing health-conscious population is expected to drive the growth of ECG equipment market over the forecast period.

 

Furthermore, rise in the number of awareness initiatives by local governments are anticipated to offer growth opportunities for market players in the near future. However, strict laws and guidelines adopted by regional governments and lack of availability of skilled professionals are restricting the market growth, in the recent years.

 

Changing lifestyle and varying eating habits have steered rising occurrence cardio-vascular diseases among young as well as elderly population. High-calorie diet and lesser physical exercise are contributing to rising number of incidences of cardio-vascular diseases such as arteriosclerosis and high blood pressure. The common factors such as ever-growing pollution with the rapid industrialization and urbanization, are contributing to the respirational disorder, attributing to the demand for ECG equipment.

 

An ECG equipment offers smart diagnosis based treatment with the help of highly accurate diagnosis of physiological parameters in the real-time. An ECG system is able to predict and facilitate diagnostic needs of patients. The ECG systems provide highly accurate test results that helps in further treatment of patients suffering from cardo-vascular disorders. Globally, the ECG equipment industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the ECG equipment market.

 

ECG monitoring alongside multiple sensor data fusion techniques are typical methodologies implemented to enhance system capabilities by utilizing integral redundancy in data with the help of a sensor and signal processing. ECG machines are vital for diagnosis in extreme conditions and critical situations in which the diagnosis of inherently interlinked signals is needed. The application of the electrocardiogram (ECG) equipment includes intensive care units, battlefield medical facility and outer-space operations. These systems prevent possibilities of data misinterpretation, responsible for raising false alarms only to offer a high degree of precision in its results with the help of data aggregation and fusion.

 

The ECG equipment industry is broadly categorized into five major segments based on the product type such as holter monitors, resting ECG system, stress ECG monitors, event monitoring systems and ECG management systems. The ECG management system is considered as one of the fastest growing segment in the market with a substantial revenue generation in the last few years. Growing popularity of the ECG management system segment is attributed to the increasing adoption by numerous healthcare facilities and their cost-effectiveness. The holter monitors segment has also witnessed a substantial growth due to the highly accurate results and lower cost.

 

Request a Free Sample Copy of ECG Equipment Market Report @ https://www.millioninsights.com/industry-reports/ecg-equipment-market/request-sample

 

The ECG equipment 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 implementation of latest technologies in healthcare sector, increasing number of research & development activities by prominent industry participants and existence of well-established medical facilities. Asia-Pacific region is predicted to hold a major market share in the ECG equipment with massive growth in forecast period.

 

Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing number of medical facilities in the region, growing healthcare expenditure by local governments, increasing disposable income and significant investment by leading industry players considering potential growth opportunities in the region.

 

The key players in the ECG equipment industry are BioTelemetry, Inc., Compumed Inc., GE Healthcare, Inc., Mindray Medical Co., Hill Rom Ltd., NIHON KOHDEN Co., Philips Healthcare, Inc., Schiller Group AG, Spacelabs Healthcare, Inc., Welch Allyn, Inc., CardioComm Solutions, Inc., McKesson Co., Device Technologies, Inc., and Medical Information Technology, Inc.

 

Market Segment:

 

ECG equipment regional outlook (Revenue, USD Million, 2012 - 2022)
• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Asia Pacific
• Japan
• China
• India
• RoW
• Australia
• Brazil

 

The report “ECG Equipment Market Size & Forecast Report, 2012 - 2022” is available now at https://www.millioninsights.com/industry-reports/ecg-equipment-market

 

ECG equipment type outlook (Revenue, USD Million, 2012 - 2022)
• ECG Monitoring Equipment
• Holter Monitoring Systems
• Event Monitoring Systems
• ECG Stress Testing Systems

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text 2021-10-19 09:58
Earthmoving Equipment Market Set to Eclipse USD 184.56 billion by 2022

Global Earthmoving Equipment Market is expected to reach USD 184.56 billion by 2022. Earthmoving Equipment is a heavy machine mainly designed for construction operations that involve earth work. It is exclusively used to dig foundations for landscaping and move large amount of earth. It is also termed as heavy hydraulics, heavy trucks, engineering equipment, heavy machines, and construction equipment. However, hydraulic drive is used as a main source of motion. The Earthmoving Equipment Market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

 

Get Exclusive Free Sample Copy Of This Report @ https://bit.ly/3AUpi8h

 

 

Growth in construction spending, technological enhancement, high spending on R&D activities by manufacturers are documented as major factors of Earthmoving Equipment Market that are estimated to enhance the growth in the years to come. However, high cost of raw material are the factors that may restrain overall market growth in the coming years. Earthmoving Equipment industry is segmented based on product type, application, and region.

 

Motor Graders, Crawler/Wheeled Excavators, Wheeled Tractors, Mini Excavators, Bull Dozers/Crawler Tractors, Backhoe Loaders, Skid Steer Loaders, Crawler/Wheeled/Compact Loaders, and other product types could be explored in Earthmoving Equipment in the forecast period. Backhoe loaders sector accounted for the substantial market share of Earthmoving Equipment and is estimated to continue its dominance in the coming years. This may be because of high demand for loaders from construction industry and growing construction activities in the regions.

 

The market may be categorized based on applications like construction, mining, forestry, military, agricultural, and others that could be explored in the forecast period. Construction sector accounted for the substantial market share of Earth moving Equipment and is estimated to lead the overall market in the coming years.

Globally, Asia Pacific accounted for the significant market share of Earth moving Equipment and is estimated to lead the overall market in the coming years. Moreover, the regional market is estimated to grow at highest CAGR in the coming years. The reason behind the overall market growth could be growing investment in the urban and rural infrastructure like IT parks, constructing residential areas, roads, and ports. The developing countries like India and China are the major consumers Earth moving Equipment in the region.

 

The key players of Earth moving Equipment Market are Doosan Corporation, Caterpillar Inc., Sany Heavy Industry Co Ltd., Komatsu Ltd., Xuzhou Construction Machinery Group Co. Ltd., Hitachi Construction Machinery Co. Ltd., Deere & Company, Terex Corporation, Liebherr Group, and Volvo Construction Equipment. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

 

Browse Full Report With TOC @ https://bit.ly/30GsU1e

 

Market Segment:

Earthmoving Equipment Product Outlook (Revenue, USD Million, 2012 - 2022)
    • Excavators
    • Loaders
    • Others

 

Earthmoving Equipment Application Outlook (Revenue, USD Million, 2012 - 2022)
    • Construction
    • Others

 

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

 

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email:ryan@millioninsights.com

Source: bit.ly/3AUpi8h
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