Healthcare

Neonatal Monitoring Equipment Market Progress & Manufacturer Contribution Highlighted until 2028

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Neonatal monitoring equipment market have gained widespread traction as they are vital in ensuring safe health of newborn babies. High susceptibility of neonates to even minor pathogens has driven the need for continuous care, and neonatal monitoring equipment adhere to this need efficiently. Rising neonatal mortality rates, asphyxia, and complications in premature births are key concerns faced by neonatal intensive care units (NICUs), and these concerns are effectively addressed by neonatal monitoring equipment, which in turn will augur well for their market growth.

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Advancements in monitoring technologies and their growing deployments in NICUs is a key factor enabling faster & easier measurement of myriad physiological parameters in neonates. Current neonatal monitors incorporate several features including ECG recordings, oxygen saturation over time, respiratory rate & air flow, and invasive arterial blood pressure.

Fetal and Neonatal Heart Monitor Market: Technological Augmentation Drives Growth in the Coming Years

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Fact.MR’s recently published report propounds valuable insights and accurate forecasts on the fetal and neonatal heart monitor market for the period of forecast, 2018 to 2028. Key parameters such as impact of current and future growth determinants & deterrents, expected developments & regulatory scenario, demand statistics, and raw material procurement & supply are elucidated and analyzed. Influence of these parameters on the fetal and neonatal heart monitor market’s growth has been quantified for deriving a market growth rate estimate.

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Preterm birth is one of the most prevalent cause of stillbirths, or fetal mortality, and neonatal morbidity & mortality. In the U.S. alone, premature births account for nearly 10% of the newborn babies annually. Insufficient and improper nutrition delivery, a primary cause of preterm birth, has been lined with many health diseases and cardiovascular malignancies. Increase in the number of stillbirths on the coattails of preterm birth has raised concerns with regard to safety monitoring, such as heart rate monitoring.

Technological Boost across Neonatal Ventilator Market Likely to Swell CAGR Growth during 2018 - 2028

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Introduction of ventilators for neonates were one of the time changing and life-saving innovations that manufacturers developed to provide life-saving support for neonates having respiratory ailments. With advances in medical technologies, such as replacement surfactant therapy and administration of antepartum corticosteroids, neonatal ventilators have improved the infant survival quotient, specifically for preterm infants that suffer from immature functioning of lungs.

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An insight based research report on neonatal ventilator market by a leading research firm – Fact.MR – reveals that the market for neonatal ventilator is projected to expand at a value CAGR of 5.6% throughout the period of assessment, 2018-2028.

Concern for Respiratory Health Grows With Increasing Number of Preterm Births and Mortality Rates

Burgeoning Demand for Orthopedic Implants Promises Higher Revenue Share Steered by Increased Manufacturer Support

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The orthopedic implants market continues to be a promising avenue in the global medical technology space. Emergence of advanced technologies coupled with rise in orthopedic disorders are major growth determinants for the orthopedic implants market. A recent report by Fact.MR envisions the orthopedic implants market to record an august 6.5% CAGR over the forecast period 2018 to 2027. Although surgeries of orthopedic implants incorporating robotics offer reproducible precision and are less invasive, expensiveness of the technology coupled with the requirement for robust, evidence-based studies continues to impede its adoption in orthopedic surgeries.

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The report opines that knee reconstruction will continue to hold major revenue shares of the orthopedic implants market, trailed by hip reconstruction. Governments across the globe are taking efforts to reduce prices of orthopedic implants used in knee reconstruction surgeries. For example, the National Pharmaceutical Pricing Authority (NPPA) has announced price caps on the orthopedic implants employed in knee reconstruction surgeries, bringing the basic models’ price down by 65%.

Fiducial Markers Market- Sales from Prime Geographies Projected to Motivate Growth during 2018 - 2028

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Fiducial markers sales are anticipated to surpass 100 Mn by 2019, registering an upswing from 93.9 Mn in 2018, according to a Fact.MR study. As fiducial markers gain traction in parallel to rising incidences of various cancer forms affecting lung, prostate, abdomen and kidney, the growth potential of the market is set to witness a considerable rise. The escalating demand for fiducial markers can be accredited to,

  • Growing adoption of radiotherapy devices by oncologists
  • Surging demand for IGRT and SBRT procedures
  • Versatility of fiducial markers in effective diagnosis
  • Increasing rates of cancer across the globe

As per the Fact.MR study, the adoption of fiducial markers for prostate cancer have been witnessing a persistent increase, driven by their ability in terms of seamless target precision. Thus, rising adoption of fiducial markers as an effective tool for use in case of radiation treatment is fostering its popularity.

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Kidney Stone Management Devices Market- Sales from Prime Geographies Projected to Motivate Growth during 2018 to 2028

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Global sales of kidney stone management devices are likely to surpass 1 million units by 2028, according to a new Fact.MR study. In terms of revenues, the study projects the kidney stone management devices market to surpass US$ 1,500 million.

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Rising preferences for minimally-invasive and non-invasive surgical procedures continues to be a massive trend in the kidney stone management devices market. Growing incidence rate of kidney stones, combined with the availability of affordable minimally invasive treatment is likely to sustain demand for kidney stone management devices during the forecast period 2018-2028. The report opines that manufacturers will be hard-pressed to develop innovative devices for large stones, as it has remained a longstanding challenge for healthcare providers.

Home Diagnostics Market Sales Likely to Surge at Exceptional Rate during Forecast Period,2018 to 2026

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Fact.MR, in its latest market study, opines that the home diagnostics market will grow at a healthy 3.5% value CAGR, surpassing US$ 6.3 million by 2026. According to the report, sales will remain buoyant in developed regions, with North America and Europe collectively accounting for over 50% revenue share of the market. The Fact.MR study remains bullish on the prospects of home diagnostics market players in developing countries, as growing focus on health & wellness, and emergence of many Asian countries as medical tourism hubs creates opportunities.

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Syringes & Cannulas Market Highlighting Lucrative Avenues Across Major Geographies during 2018-2028

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An above-average rise at 4.0% volume CAGR is foreseen for the syringes & cannulas market over the period of forecast, 2018 to 2028, by a new Fact.MR study. Pervasiveness of syringes in terms of the market volume share continues to prevail, whereas the growth rate will also remain higher for these products, compared to cannulas, through 2028. Additionally, majority volume share of worldwide syringes sales is estimated to remain hinged at disposable variants.

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North America has traditionally remained the most remunerative market syringes & cannulas, however emergence of Asia-Pacific excluding Japan (APEJ) as a medical tourism hub has paved abundant opportunities for syringes & cannulas manufacturers. The U.S. continues to lead the North American market for syringes & cannulas, whereas majority of APEJ’s syringes & cannulas marketcontinues to remain consolidated in India, trailed by China. The study finds that the U.S., India, and China collectively account for nearly 45% of the overall syringes & cannulas market.

Controlled Substances Market Scenario Indicates Prime Trends & Growth Parameters, 2018-2028

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Worldwide sales of the controlled substances closed in on a valuation of US$ 67,000 Mn in 2018, and are projected to record a Y-o-Y growth at 3.5% in 2019, according to a new Fact.MR study. The study opines that depressants and stimulants have been top-selling class of drugs in the controlled substances market, however gains from marijuana are expected to record over 2X faster growth than all the other controlled substances in 2019 and beyond.

Approval of medical marijuana has been on a significant uptick in various states of the US, trailed by the legalization in Canada for both recreational and medicinal use recently. This has tremendously contributed to the popularity of cannabis stocks, alongside efforts of leading controlled substance manufacturers toward eliminating legal barriers and attracting investor interest. The study estimates marijuana sales in 2019 to record a Y-o-Y growth at 9.3% over 2018.

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Hormone Replacement Therapy Market Set to Deliver Major Revenue Shares during the Forecast Period

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The hormone replacement therapy market is foreseen to expand at a significant pace with sales of hormone replacement therapy products crossing US$ 12,000 Mn by 2019 end. Rising incidences of osteoporosis fractures coupled with growing menopause rates among women have remained instrumental in driving the demand for hormone replacement therapy. Fact.MR envisages that the demand for hormone replacement therapy is projected to expand at a CAGR of 6.0% in terms of value throughout the period of forecast, 2018-2028.

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Disorders associated with hormonal imbalance continue to influence the use of hormone replacement therapy worldwide. Hormone replacement therapy demand is further pushed with macroeconomic aspects such as growing geriatric population and significant increase in healthcare expenditure worldwide. Growing age directly impacts secretion of hormones such as progesterone and estrogen in women, which is expected to trigger the use of estrogen hormone replacement therapy.

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