Market Research Report Analysis

20 February 2020 - The global Knee Implants Market is anticipated to progress at a considerable rate owing to aging-related diseases such as diabetes, obesity, osteoporosis & arthritis, along with the aging population and injuries related to sports. Knee implant is practiced widely owing to its characteristic of relieving the pain and assists patrons live a fuller, and more active life. The evolving market has been undergoing a period of gradual technological and new product advancements due to growing demand. The manufacturing companies are elevating their corresponding business share owing to growing responsiveness among people, with the aid of aggressive marketing activities.         The implantation is performed when a patient suffers from knee pain, disability from rheumatoid arthritis, or osteoarthritis or a traumatic injury. The artificial device is implanted and replaced with the damaged knees by the surgeon. There are various types of impla...

18 February 2020 - The global Bone Grafts and Substitutes Market is set to grow at an exponential rate by the year 2025. Bone grafts are been increasingly used in oncologic revision prosthetic surgery, traumatology, bone regeneration, and spine surgery. Orthopedics over several years have used bone grafts and substitutes for assisting bone repair surgeries.       “Technological developments and trends such as stem cell and tissue engineering have demonstrated a huge potential for augmenting the prevailing performance of bone grafts. Alternatively, tissue engineering has made it possible to culture cells identical to the ones found in bone marrow.” The market is majorly driven by the rising number of geriatric population all over the world. Ongoing technological advancements in the medical field has led to a significant shift from the use of autograft to allograft techniques. In addition, the growing cases of chronic lifestyle diseases like obesity and dia...

12 February 2020 - Global Surgical Equipment/Instruments Market was valued at USD 10.5 billion in 2016 and is expected to reach a value of USD 20.3 billion by 2025. Global surgical equipment market is expected to experience brisk growth due to rise in demand for nominal hostile surgeries over the forecast period. Novel technologies such as robot and power assisted medical tools introduction in recent past is estimated to further enhance industry growth.           Surgical tools are medicinal devices that serve some specific need during any surgery. These devices allow the physical alteration of biological tissue to deliver access to internal body parts. This equipment’s are tools that are used to complete functions such as suturing cutting, holding, dissecting, retracting, or grasping. These instruments are hand handled or sometimes power based robotic devices. Technologies viz. robotic based medical devices and minimally invasive medical equipment...

10 February 2020 - The global Pulse Oximeters Market size was worth USD 1.5 billion in 2015 which is anticipated to grow at a CAGR of more than 6.1% during the forecast period. The crucial application of the pulse oximeters in patient monitoring is responsible for its growth. Moreover, its use in anesthesia monitoring and safety have greatly reduced anesthesia-related deaths, which further contributes to the market potential.         Surgical safety has been a major concern and so its provision is a priority worldwide. Global initiatives such as the WHO Surgical Safety Checklist, which was created in 2008 as an outcome of 2007 WHO Safe Surgery Saves Lives program, aims in the application of minimum safety standards across hospitals in all countries. Pulse oximeter, being an essential monitoring device in surgical treatments, is largely affected by such global initiatives that influence its demand and are likely to trigger the market growth. View Ful...

6 February 2020 - The global Magnetic Resonance Imaging (MRI) Market was valued at USD 3.2 billion in 2015. The systems are used mainly for the detection of central nervous system (CNS) related diseases such as tumors, spine lesions, stroke influenced area in brain and blood vessels. The main driving factor for this market is increasing elderly population and high incidences of CNS diseases. The high rates of chronic diseases due to the increased geriatric population and demand for the minimally invasive or non-invasive diagnostic procedures fuel the market growth.         The technology advancement in various screening techniques namely open systems, software up gradation and superconducting magnets supports the market growth. The combination of MRI and pacemaker is a new technology development open the new door for MRI market due to its duel advantage and application. The higher adoption in the technology is due to the its sharp and precise images in ...

6 February 2020 - The global Preclinical Imaging Market size was worth USD 1.8 billion in 2015, which is anticipated to grow at a CAGR of more than 8.1% during the forecast period. Constant technological advancements and increasing expenditure on research and development are some of the leading factors for such huge market size with more and more pharmaceutical companies targeting this market. Similarly, rise in the number of contract research manufacturing and increasing presence of medical device companies that comply well with the pre-clinical studies in in-vivo experiments would further drive the market growth.       Use of various computerized database systems with advanced technology has increased over the years due to implementation of stringent laws and policies on animal testing which prevents exploitation of animals. Pre-clinical imaging has led to extraction of extremely detailed images of organs, cells, tissues and their anatomical features before...

4 February 2020 - Global Surgical Instrument Tracking Systems Market was valued at over USD 83.5 million in 2015 and is anticipated to rise at over 19.0% during the forecast period. The major factors, which contribute to the growth of this market are growing incidence of hospital acquired infections and instrument misplacement. In the U.S., nearly 90,000 people die every year due to hospital-acquired infections, based on a data by CDC. In order to prevent these infections arising out of instrument contamination, instrument tracking system is highly useful. It is also used for inventory management to enhance the efficiency of the staff.             Rising prevalence of retained surgical equipment cases is another factor which is expected to contribute to the demand for surgical instrument tracking systems in the coming years. The fatality rate of retained surgical instruments accounted for nearly 2%, according to a study by the National Center ...

4 February 2020 - The global Phototherapy Equipment/Device Market value was worth USD 481.5 million in 2016 which is anticipated to increase at a CAGR of more than 5.8% over the forecast period. Growing incidence of skin diseases is significantly boosting the phototherapy equipment market. Some of the most prevalent skin diseases include eczema, psoriasis and acne related problems.              Psoriasis is one of the most prevalent autoimmune diseases in the U.S. According to International Federation of Psoriasis Association (IFPA), nearly 150,000 new cases of psoriasis come up every year. Based on National Eczema Association statistics, 31.6 million people in US suffer from eczema. High pollution results into global warming and ultraviolet rays; this is another factor which contributes to the high prevalence of these skin disorders. According to American Academy of Dermatology, 50 million of the U.S. population suffer from acne problems...