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Breast Imaging Technologies Market to Reach USD 9 Billion by 2031, Growing at 8.6% CAGR | SkyQuest Technology

Market Overview:

Global Breast Imaging Technologies Market size was valued at USD 4.33 billion in 2022 and is poised to grow from USD 4.7 billion in 2023 to USD 9 billion by 2031, growing at a CAGR of 8.6% in the forecast period (2024-2031). The Breast Imaging Technologies Market is poised for considerable growth, propelled by several key drivers, such as rising cases of neurological disorders, continuous technological innovation, and an increasing need for minimally invasive procedures, are expected to take the Breast Imaging Technologies Market to considerable heights.

Other factors contributing to this can be attributed to the large and rapidly growing patient population suffering from such targeted diseases in key markets, resulting in a significant rise in demand for Veterinary Needles. One of the major factors acting as a potential catalyst to drive the market growth over the forecast period is a high prevalence of acute ischemic stroke.

Market Insights:

Breast Imaging Technologies Market Driver

  • The key factor that drives the industry growth includes the rising prevalence of breast cancer among women and increased demand for the early diagnosis and treatment of breast cancer. For instance, according to Breastcancer.org, approximately 281,550 new invasive breast cancer cases were detected in women in the United States in 2021. Furthermore, according to the same source, 1 in every 8 US women develops invasive breast cancer during her lifetime. Hence, an increase in the prevalence of breast cancer is likely to encourage the adoption of breast imaging technologies for the early diagnosis and treatment of breast cancer.
  • Another major aspect that drives the industry growth includes increasing approval for breast imaging technologies developed by the companies. For instance, in April 2021, Seno Medical’s Imagio P200003 breast imaging system, which is used to examine breast tissue, has been authorized by the US Food and Drug Administration (FDA). It aids in the diagnosis of breast lesions by physicians. Such approvals by the government organizations such as US FDA and others are likely to accelerate the overall growth of the market in the upcoming years.

Download a detailed overview:
https://www.skyquestt.com/sample-request/breast-imaging-technologies-market

Key Market Segments:
Type of Imaging Technique

Mammography, Breast Ultrasound, Breast MRI, Image-Guided Breast Biopsy, Position Emission Tomography (PET), Other Imaging Techniques

End-User

Hospitals, Diagnostic Centers, Others

Type of Imaging Technique

Ionizing Breast Imaging (Mammography {Full-field digital mammography, 3D breast tomosynthesis, analog mammography}, Positron Emission Tomography-computed tomography, positron emission mammography, molecular breast imaging, cone-beam computed tomography) and Non-ionizing breast imaging (breast ultrasound, breast MRI, breast thermography, automated whole-breast ultrasound, electric impedance tomography, and optical imaging)

Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/breast-imaging-technologies-market

Regional Insights:
The Global Breast Imaging Technologies Market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In 2022, the Asia-Pacific region is projected to hold the most substantial share of the market. The regional market is likely to be driven by the rising prevalence of breast cancer, rising healthcare spending, an increase in the number of breast cancer awareness initiatives, and significant government spending on breast cancer research studies in the emerging economies of the region such as China and India. According to GLOBOCAN 2018, Asia recorded a total of 911,014 new breast cancer cases in 2018, which is anticipated to increase to 229,650 by the end of 2030. Such increased prevalence of breast cancer cases is likely to encourage the adoption of various breast imaging technologies and hence contribute to the growth of the market during the forecast period.

Prominent Players in Breast Imaging Technologies Market:

  • Hologic, Inc.
  • Siemens Healthineers
  • Allengers
  • GE Healthcare
  • Fujifilm Holdings Corporation
  • Philips Healthcare
  • Toshiba Medical Systems Corporation
  • Carestream Health, Inc.
  • Aurora Imaging Technology, Inc.
  • Dilon Technologies Inc.
  • Planmed Oy
  • CMR Naviscan Corporation
  • Metaltronica S.p.A
  • SonoCiné, Inc.
  • Micrima Limited
  • SuperSonic Imagine
  • iCAD, Inc.
  • Gamma Medica, Inc.
  • Planmeca Group
  • Delphinus Medical Technologies, Inc.
  • Siemens AG

View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/breast-imaging-technologies-market

Additional Insights:

Market Penetration: Analysis of the product portfolio of different market players and the status of new product launches.

Product Development/Innovation: Assessment of R&D activities, new product development, and emerging trends.

Market Development: Analysis of regions with high growth potential.

Market Diversification: Assessment of new products, recent developments, and emerging regional markets.

Competitive Landscape: Growth strategies, revenue analysis, and product innovations by market players.

Key Questions Answered in Breast Imaging Technologies Market Report:

What is the global market size of the Breast Imaging Technologies Market?

Who are the key vendors in the Breast Imaging Technologies Market?

What is the key driver of the Breast Imaging Technologies Market?

What is the key market trend for the Breast Imaging Technologies Market?

Which region accounted for the largest share in the Breast Imaging Technologies Market?

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:

Mr. Jagraj Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

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Clinical Trials Market to Reach USD 82.72 Billion by 2031, Growing at 5.8% CAGR | SkyQuest Technology

Medical Radiation Shielding Market

Market Overview:

Clinical Trials Market size was valued at USD 47.07 billion in 2019 and is poised to grow from USD 49.8 billion in 2023 to USD 82.72 billion by 2031, growing at a CAGR of 5.8% in the forecast period (2024-2031). The Clinical trials Market is poised for considerable growth, propelled by several key drivers, such as rising cases of neurological disorders, continuous technological innovation, and an increasing need for minimally invasive procedures, are expected to take the Clinical trials Market to considerable heights.

Other factors contributing to this can be attributed to the large and rapidly growing patient population suffering from such targeted diseases in key markets, resulting in a significant rise in demand for Veterinary Needles. One of the major factors acting as a potential catalyst to drive the market growth over the forecast period is a high prevalence of acute ischemic stroke.

Market Insights:

Clinical trials Market Driver

  • Increasing prevalence of chronic illnesses is believed Chronic conditions are now more common than ever. With the growth of the middle class and the speeding up of urbanization, people are becoming more sedentary. As a result, there are more cases of genetic abnormalities, diabetes, malaria, HIV, and other diseases like TB and obesity.
  • Additional factors driving market revenue growth include an increase in the prevalence of target diseases and genetic anomalies, ongoing technological advancements in Polymerase Chain Reaction technologies, and increased investments, financing, and grants for scientific research. The biopharmaceutical sector aids in the prevention of chronic diseases. The biopharmaceutical sector is focusing on creating individualized therapies. This will help develop individualized procedural healthcare standards and aid in the treatment of some hereditary genetic diseases.
  • Pharmaceutical and biopharmaceutical businesses are choosing fully integrated or functional outsourcing services from the early development stage to the late-stage development phase for both drug discovery and development as a result of their increasing R&D spending. Due to the intense pressure on these businesses to keep fixed costs under control, outsourcing has emerged as a tactical solution to the lack of internal resources needed for new product development.

Download a detailed overview:
https://www.skyquestt.com/sample-request/clinical-trials-market

Key Market Segments:
Phase

Phase I, Phase II, Phase III, Phase IV

Disease

Autoimmune/Inflammation, Pain Management, Oncology, CNS Condition, Diabetes, Obesity, Cardiovascular, Others

Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/clinical-trials-market

Regional Insights:
Global clinical trials market is dominated by North America. The growth of region is attributed to rising pharmaceutical industry’s focus on developing new drugs to treat a variety of chronic conditions is predicted to increase industry income. The demand for medications, medical equipment, and therapeutic interventions is also anticipated to increase due to the ageing population, which is also projected to suffer from a number of chronic diseases and age-related disorders. This will raise market statistics.

For instance, the number of people over 65 in the US was estimated at 54 million in 2019 and is projected to increase to about 98.2 million by the end of 2060, according to the US Census Bureau. Consequently, businesses are generally investing more in research and development. Furthermore, it is projected that strong government backing for clinical trials in the US market will increase demand. For instance, to hasten the discovery of medicines for diseases around the world brought on by the coronavirus, the FDA announced the Coronavirus Treatment Acceleration Program (CTAP) in March 2020. The programme uses every method at its disposal to quickly provide innovative treatments to patients while determining whether they are beneficial or dangerous.

Prominent Players in Clinical trials Market:

  • IQVIA
  • PAREXEL International Corporation
  • PRA Health Sciences, Inc.
  • Syneos Health, Inc.
  • Charles River Laboratories International, Inc.
  • ICON plc
  • Wuxi AppTec Inc.
  • Medpace Holdings, Inc.
  • Covance Inc. (a subsidiary of Laboratory Corporation of America Holdings)
  • Novotech Pty Ltd.
  • Medidata Solutions (a subsidiary of Dassault Systèmes)
  • Premier Research Group plc
  • LabCorp Clinical Trials (a subsidiary of Laboratory Corporation of America Holdings)
  • SGS S.A.
  • PPD, Inc.
  • PSI CRO AG
  • Clinsys Clinical Research Limited (a subsidiary of PRA Health Sciences, Inc.)
  • Worldwide Clinical Trials, Inc.
  • Pharmaceutical Product Development, LLC (a subsidiary of ICON plc)
  • Chiltern International Ltd. (a subsidiary of LabCorp)

View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/clinical-trials-market

Additional Insights:

Market Penetration: Analysis of the product portfolio of different market players and the status of new product launches.

Product Development/Innovation: Assessment of R&D activities, new product development, and emerging trends.

Market Development: Analysis of regions with high growth potential.

Market Diversification: Assessment of new products, recent developments, and emerging regional markets.

Competitive Landscape: Growth strategies, revenue analysis, and product innovations by market players.

Key Questions Answered in Clinical trials Market Report:

What is the global market size of the Clinical trials Market?

Who are the key vendors in the Clinical trials Market?

What is the key driver of the Clinical trials Market?

What is the key market trend for the Clinical trials Market?

Which region accounted for the largest share in the Clinical trials Market?

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:

Mr. Jagraj Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

Posted on

Cartilage Repair Market to Reach USD 1570.16 Million by 2031, Growing at 12.13% CAGR | SkyQuest Technology

Dermatological Drugs Market

Market Overview:

Cartilage Repair Market size was valued at USD 927.63 million in 2019 and is poised to grow from USD 1040.29 million in 2023 to USD 1570.16 million by 2031, growing at a CAGR of 12.13% in the forecast period (2024-2031). The Cartilage Repair Market is poised for considerable growth, propelled by several key drivers, such as rising cases of neurological disorders, continuous technological innovation, and an increasing need for minimally invasive procedures, are expected to take the Cartilage Repair Market to considerable heights.

Other factors contributing to this can be attributed to the large and rapidly growing patient population suffering from such targeted diseases in key markets, resulting in a significant rise in demand for Veterinary Needles. One of the major factors acting as a potential catalyst to drive the market growth over the forecast period is a high prevalence of acute ischemic stroke.

Market Insights:

Cartilage Repair Market Drivers

Osteoarthritis has become increasingly common in recent years throughout the world. According to a University of North Carolina study, approximately 1 million knee and hip replacement procedures are performed in the United States each year. The annual cost of osteoarthritis in the United States is $136.8 billion. According to the Arthritis Foundation, degenerative joint diseases such as osteoarthritis will affect more than 130 million people worldwide by 2050. Two of the most common treatments for osteoarthritis are autologous chondrocyte implantation and Scaffolds implants. As a result, as the prevalence of osteoarthritis rises, so will demand for cartilage repair and regeneration products.

Download a detailed overview:
https://www.skyquestt.com/sample-request/cartilage-repair-market

Key Market Segments:
Treatment modality type

Cell-Based (Chondrocyte Transplantation, Growth Factor Technology), Non-Cell-Based (Tissue Scaffolds, Cell-Free Composites)

Application

Hyaline, Fibrocartilage

Treatment type

Palliative (Viscosupplementation, Debridement & Lavage), Intrinsic Repair Stimulus

Site

Knee Cartilage Repair (Arthroscopic Chondroplasty, Autologous Chondrocyte, Osteochondral Grafts Transplantation, Cell-based Cartilage Resurfacing, Microfracture, Other), OtherRequest

Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/cartilage-repair-market

Regional Insights:
Based on region global cartilage repair market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East Africa. The Asia Pacific region is expected to grow at a faster rate. North America accounted for the largest share of the cartilage repair and regeneration market, owing to the high prevalence of osteoarthritis, the growing prevalence of sports injuries, and increased research funding in the United States and Canada.

In addition, increased physician and patient awareness of innovative treatment techniques and technologies, as well as significant government investments in Cartilage Repair/Regeneration technologies and therapies, are all contributing to the market’s growth in North America. Over the projection period, the Asia Pacific region is expected to grow at a faster rate than other regions. Furthermore, the increased prevalence of osteoporosis in Australia and New Zealand is leading to an increase in cartilage injury, which is expected to accelerate vertical growth. South American, Middle Eastern, and African (MEA) markets have been gradually expanding in recent years. Because of the large population suffering from chronic joint and bone problems, these markets have untapped potential.

Prominent Players in Cartilage Repair Market:

  • DePuy Synthes (a subsidiary of Johnson & Johnson)
  • Zimmer Biomet Holdings Inc.
  • Smith & Nephew plc
  • Vericel Corporation
  • Osiris Therapeutics Inc. (acquired by Smith & Nephew in 2019)
  • Histogenics Corporation
  • Anika Therapeutics Inc.
  • Arthrex Inc.
  • Braun Melsungen AG
  • Stryker Corporation
  • CONMED Corporation
  • Orthocell Limited
  • RTI Surgical Holdings Inc.
  • MEDIPOST Co. Ltd.
  • CellGenix GmbH
  • Tissue Regenix Group plc
  • CollPlant Biotechnologies Ltd.
  • ISTO Technologies Inc.
  • MTF Biologics
  • CartiHeal Ltd

View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/cartilage-repair-market

Additional Insights:

Market Penetration: Analysis of the product portfolio of different market players and the status of new product launches.

Product Development/Innovation: Assessment of R&D activities, new product development, and emerging trends.

Market Development: Analysis of regions with high growth potential.

Market Diversification: Assessment of new products, recent developments, and emerging regional markets.

Competitive Landscape: Growth strategies, revenue analysis, and product innovations by market players.

Key Questions Answered in Cartilage Repair Market Report:

What is the global market size of the Cartilage Repair Market?

Who are the key vendors in the Cartilage Repair Market?

What is the key driver of the Cartilage Repair Market?

What is the key market trend for the Cartilage Repair Market?

Which region accounted for the largest share in the Cartilage Repair Market?

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:

Mr. Jagraj Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

Posted on

Dental Prosthetics Market to Reach USD 29.8 Billion by 2031, Growing at 11.6% CAGR | SkyQuest Technology

Medical Radiation Shielding Market

Market Overview:

Dental Prosthetics Market size was valued at USD 1.81 billion in 2019 and is poised to grow from USD 12.4 billion in 2023 to USD 29.8 billion by 2031, growing at a CAGR of 11.6% in the forecast period (2024-2031). The Dental Prosthetics Therapy is poised for considerable growth, propelled by several key drivers, such as rising cases of neurological disorders, continuous technological innovation, and an increasing need for minimally invasive procedures, are expected to take the Dental Prosthetics Therapy to considerable heights.

Other factors contributing to this can be attributed to the large and rapidly growing patient population suffering from such targeted diseases in key markets, resulting in a significant rise in demand for Veterinary Needles. One of the major factors acting as a potential catalyst to drive the market growth over the forecast period is a high prevalence of acute ischemic stroke.

Market Insights:

Dental Prosthetics Market Driver

  • The main factor driving the growth of the dental prosthesis market is the rise in the prevalence of dental illnesses. The most common causes of dental illnesses, including tooth decay, periodontal diseases, and palate diseases, go unrecognized the most and require rapid attention from the general public worldwide.
  • Nearly 3.5 billion individuals are thought to be affected by oral illnesses globally, with caries of permanent teeth being the most prevalent disease1. According to estimates, 520 million children worldwide suffer from primary tooth decay, whereas 2 billion adults worldwide are thought to have permanent tooth decay. With increased urbanization and modifications in living conditions, oral disorders are becoming more common in the majority of low- and middle-income nations. The availability and affordability of foods with a high sugar content, insufficient exposure to fluoride (found in the water supply and oral hygiene products like toothpaste), and limited access to oral health care services in the community are the main causes of this. This need for oral health services is expected to boost the global dental prosthetics market during the forecast period.
  • In both emerging and developed nations, aesthetic dentistry is becoming increasingly accepted. The need for cosmetic dentistry is being driven by changes in people’s lives and an increase in interest in dental aesthetics. Additionally, the rise in disposable money and willingness to pay for expensive cosmetic operations has given rise to prosperous chances for dental repair and aesthetic treatments. The sale of dental prostheses will increase as a result of dental treatments such as teeth whitening, polishing, and replacement.

Download a detailed overview:
https://www.skyquestt.com/sample-request/dental-prosthetics-market

Key Market Segments:
Type

Crowns, Bridges, Abutments, Dentures, Others

End User

Dental Hospitals & Clinics, Dental Laboratories, Others

Material

Porcelain-Fused-To-Metal (PFM), Metal, All-Ceramic, Others

Request Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/dental-prosthetics-market

Regional Insights:
In 2021, Europe held the largest share in the global dental prosthetics market. The market in the area is characterised by greater dental disease diagnostic and treatment rates. Along with higher dental spending, growing use of dental services, rising demand for high-end dental goods, and a relatively larger availability of dentists per 1,000 residents, these factors account for the region’s significant position in the global dental prosthetics market.

Over 50% of people in Europe may have periodontitis in some form, and over 10% have the severe type, with frequency rising to 70-85% of people between the ages of 60 and 65. The eighth most frequent cancer in the world is oral cancer. The 12th most prevalent cancer among males in the EU is lip and oral cavity cancer. Providing oral health care is expensive; it accounts for 5% of overall health spending and 16% of private health spending across OECD nations. The amount spent by the EU 27 currently is close to €79 billion, and if the existing patterns hold, this amount might reach €93 billion in 2020.

Prominent Players in Dental Prosthetics Therapy:

  • DENTSPLY SIRONA Inc.
  • Straumann Group
  • Zimmer Biomet Holdings, Inc.
  • Danaher Corporation
  • 3M Company
  • Ivoclar Vivadent AG
  • Henry Schein, Inc.
  • Mitsui Chemicals, Inc.
  • GC Corporation
  • Institut Straumann AG
  • Planmeca Oy
  • BioHorizons IPH, Inc.
  • Nobel Biocare Services AG
  • CAMLOG Biotechnologies AG
  • Ultradent Products, Inc.
  • BEGO GmbH & Co. KG
  • Dentatus AB
  • Glidewell Laboratories
  • Amann Girrbach AG
  • Renishaw plc

View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/dental-prosthetics-market

Additional Insights:

Market Penetration: Analysis of the product portfolio of different market players and the status of new product launches.

Product Development/Innovation: Assessment of R&D activities, new product development, and emerging trends.

Market Development: Analysis of regions with high growth potential.

Market Diversification: Assessment of new products, recent developments, and emerging regional markets.

Competitive Landscape: Growth strategies, revenue analysis, and product innovations by market players.

Key Questions Answered in Dental Prosthetics Therapy Report:

What is the global market size of the Dental Prosthetics Therapy Market?

Who are the key vendors in the Dental Prosthetics Therapy Market?

What is the key driver of the Dental Prosthetics Therapy Market?

What is the key market trend for the Dental Prosthetics Therapy Market?

Which region accounted for the largest share in the Dental Prosthetics Therapy Market?

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:

Mr. Jagraj Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

Posted on

Home Infusion Therapy Market to Reach USD 65.2 Billion by 2031, Growing at 4.63% CAGR | SkyQuest Technology

Medical Radiation Shielding Market

Market Overview:

Home Infusion Therapy Market size was valued at USD 43.35 billion in 2019 and is poised to grow from USD 45.41 billion in 2023 to USD 65.2 billion by 2031, growing at a CAGR of 4.63% in the forecast period (2024-2031). The Veterinary Home Infusion Therapy is poised for considerable growth, propelled by several key drivers, such as rising cases of neurological disorders, continuous technological innovation, and an increasing need for minimally invasive procedures, are expected to take the Veterinary Home Infusion Therapy to considerable heights.

Other factors contributing to this can be attributed to the large and rapidly growing patient population suffering from such targeted diseases in key markets, resulting in a significant rise in demand for Veterinary Needles. One of the major factors acting as a potential catalyst to drive the market growth over the forecast period is a high prevalence of acute ischemic stroke.

Market Insights:

Home Infusion Therapy Driver

During the projected period, the market for needles is anticipated to rise more quickly due to the rising incidence of different chronic diseases and the rising number of hospitals and clinics in developing nations. It is anticipated that major businesses will continue to invest heavily in research and development to bring the most safe and precise needle technology to market. In order to allow surgeons to examine specific blood arteries at danger when placing the needle and prevent deadly bleeding, a research team from the University of Adelaide created a biopsy needle coupled to a tiny imaging probe in January 2018.

The development of needle technology also lessens the discomfort and anxiety associated with injections. Pain and anxiety have specific treatment plans because different psychological and physiological conditions cause the brain’s pain receptors to become active. For instance, there is a significant correlation between dental injection during dental treatments and both pain and anxiety. Additionally, it’s anticipated that rising awareness of blood donation will shortly fuel industry expansion. The demand for needles and syringes will rise as more people donate blood to make up for the low blood supply.

Download a detailed overview:
https://www.skyquestt.com/sample-request/home-infusion-therapy-market

Key Market Segments:
Type

Conventional Needles, Safety Needles

Product

Suture Needles, Blood Collection Needles, Ophthalmic Needles, Dental Needles, Insufflation Needles, Pen Needles, Other Needles

Delivery Mode

Hypodermic Needles, Intravenous Needles, Intramuscular Needles, Intraperitoneal Needles

Request Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/home-infusion-therapy-market

Regional Insights:
The Home Infusion Therapy is dominated by North America due to the region’s strong base of healthcare facilities, growing investment from major players in the development of cutting-edge devices, well-established distribution networks for needle product manufacturers, and an increase in research activities. For example, in 2021, investors closed 96 Medtech investments, a substantial increase from 55 in 2020 and a record-breaking 60 in 2018. Deal value increased to $40.8 billion from $3 billion in 2020, mostly because of the $34 billion Medline deal. Such fluctuations are typical in the industry, where substantial assets are not as common. Supply chain resilience and cost control, technology for alternative treatment, specialist contract manufacturing, and regulatory assistance are important issues for investors in North America and Europe.

Due to an increase in government programs to raise awareness, a rise in medical tourism, expanding research activities in the region, and a rising demand for high-quality healthcare in the region, Asia-Pacific is predicted to see considerable growth between 2022 and 2029. The percentage of hospitals expected to raise spending decreased from 30% to 40% to 15% to 25% as a result of continuous uncertainty. Australia and China revealed a planned spending attitude that was similar to last year’s, despite the fact that most hospitals in the area are displaying more cautious planned expenditure compared to last year. In both nations, hospitals plan to raise spending in all categories by roughly 40% on average. Governments in the area have been working to control healthcare costs despite the pandemic response.
Prominent Players in Veterinary Home Infusion Therapy:

  • Becton, Dickinson and Company
  • Terumo Medical Corporation
  • Braun Melsungen AG
  • Smiths Medical
  • Nipro Corporation
  • Medtronic
  • Novo Nordisk A/S
  • Ypsomed Holding AG
  • Owen Mumford Ltd.
  • Gerresheimer AG
  • HTL-STREFA S.A.
  • Retractable Technologies, Inc.
  • Vygon S.A.
  • Codan Medizinische Geräte GmbH & Co. KG
  • Exelint International Co.
  • MHC Medical Products
  • Catalent, Inc.
  • Mylan N.V.
  • Vita Needle Company
  • TSK Laboratory Europe B.V

View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/home-infusion-therapy-market

Additional Insights:

Market Penetration: Analysis of the product portfolio of different market players and the status of new product launches.

Product Development/Innovation: Assessment of R&D activities, new product development, and emerging trends.

Market Development: Analysis of regions with high growth potential.

Market Diversification: Assessment of new products, recent developments, and emerging regional markets.

Competitive Landscape: Growth strategies, revenue analysis, and product innovations by market players.

Key Questions Answered in Veterinary Home Infusion Therapy Report:

What is the global market size of the Home Infusion Therapy?

Who are the key vendors in the Home Infusion Therapy?

What is the key driver of the Home Infusion Therapy?

What is the key market trend for the Home Infusion Therapy?

Which region accounted for the largest share in the Home Infusion Therapy?

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:

Mr. Jagraj Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

Posted on

Needles Market to Reach USD 12.6 Billion by 2031, Growing at 8.6% CAGR | SkyQuest Technology

Market Overview:

Needles Market size was valued at USD 6.51 billion in 2019 and is poised to grow from USD 7.06 billion in 2023 to USD 12.6 billion by 2031, growing at a CAGR of 8.6% in the forecast period (2024-2031). The Veterinary Needles market is poised for considerable growth, propelled by several key drivers, such as rising cases of neurological disorders, continuous technological innovation, and an increasing need for minimally invasive procedures, are expected to take the Veterinary Needles market to considerable heights.

Other factors contributing to this can be attributed to the large and rapidly growing patient population suffering from such targeted diseases in key markets, resulting in a significant rise in demand for Veterinary Needles. One of the major factors acting as a potential catalyst to drive the market growth over the forecast period is a high prevalence of acute ischemic stroke.

Market Insights:

Needles Market Driver

During the projected period, the market for needles is anticipated to rise more quickly due to the rising incidence of different chronic diseases and the rising number of hospitals and clinics in developing nations. It is anticipated that major businesses will continue to invest heavily in research and development to bring the most safe and precise needle technology to market. In order to allow surgeons to examine specific blood arteries at danger when placing the needle and prevent deadly bleeding, a research team from the University of Adelaide created a biopsy needle coupled to a tiny imaging probe in January 2018.

The development of needle technology also lessens the discomfort and anxiety associated with injections. Pain and anxiety have specific treatment plans because different psychological and physiological conditions cause the brain’s pain receptors to become active. For instance, there is a significant correlation between dental injection during dental treatments and both pain and anxiety. Additionally, it’s anticipated that rising awareness of blood donation will shortly fuel industry expansion. The demand for needles and syringes will rise as more people donate blood to make up for the low blood supply.

Download a detailed overview:
https://www.skyquestt.com/sample-request/needles-market

Key Market Segments:
Type

Conventional Needles, Safety Needles

Product

Suture Needles, Blood Collection Needles, Ophthalmic Needles, Dental Needles, Insufflation Needles, Pen Needles, Other Needles

Delivery Mode

Hypodermic Needles, Intravenous Needles, Intramuscular Needles, Intraperitoneal Needles

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Regional Insights:
The needles market is dominated by North America due to the region’s strong base of healthcare facilities, growing investment from major players in the development of cutting-edge devices, well-established distribution networks for needle product manufacturers, and an increase in research activities. For example, in 2021, investors closed 96 Medtech investments, a substantial increase from 55 in 2020 and a record-breaking 60 in 2018. Deal value increased to $40.8 billion from $3 billion in 2020, mostly because of the $34 billion Medline deal. Such fluctuations are typical in the industry, where substantial assets are not as common. Supply chain resilience and cost control, technology for alternative treatment, specialist contract manufacturing, and regulatory assistance are important issues for investors in North America and Europe.

Due to an increase in government programs to raise awareness, a rise in medical tourism, expanding research activities in the region, and a rising demand for high-quality healthcare in the region, Asia-Pacific is predicted to see considerable growth between 2022 and 2029. The percentage of hospitals expected to raise spending decreased from 30% to 40% to 15% to 25% as a result of continuous uncertainty. Australia and China revealed a planned spending attitude that was similar to last year’s, despite the fact that most hospitals in the area are displaying more cautious planned expenditure compared to last year. In both nations, hospitals plan to raise spending in all categories by roughly 40% on average. Governments in the area have been working to control healthcare costs despite the pandemic response.
Prominent Players in Veterinary Needles Market:

  • Becton, Dickinson and Company
  • Terumo Medical Corporation
  • Braun Melsungen AG
  • Smiths Medical
  • Nipro Corporation
  • Medtronic
  • Novo Nordisk A/S
  • Ypsomed Holding AG
  • Owen Mumford Ltd.
  • Gerresheimer AG
  • HTL-STREFA S.A.
  • Retractable Technologies, Inc.
  • Vygon S.A.
  • Codan Medizinische Geräte GmbH & Co. KG
  • Exelint International Co.
  • MHC Medical Products
  • Catalent, Inc.
  • Mylan N.V.
  • Vita Needle Company
  • TSK Laboratory Europe B.V

View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/needles-market

Additional Insights:

Market Penetration: Analysis of the product portfolio of different market players and the status of new product launches.

Product Development/Innovation: Assessment of R&D activities, new product development, and emerging trends.

Market Development: Analysis of regions with high growth potential.

Market Diversification: Assessment of new products, recent developments, and emerging regional markets.

Competitive Landscape: Growth strategies, revenue analysis, and product innovations by market players.

Key Questions Answered in Veterinary Needles Market Report:

What is the global market size of the Needles Market?

Who are the key vendors in the Needles Market?

What is the key driver of the Needles Market?

What is the key market trend for the Needles Market?

Which region accounted for the largest share in the Veterinary Needles Market?

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:

Mr. Jagraj Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

Posted on

Veterinary Pain Management Market to Reach USD 6.12 Billion by 2031, Growing at 4.5% CAGR | SkyQuest Technology

Medical Radiation Shielding Market

Market Overview:

Global Veterinary Pain Management Market size was valued at USD 4.3 billion in 2019 and is poised to grow from USD 4.5 billion in 2023 to USD 6.12 billion by 2031, growing at a CAGR of 4.5% in the forecast period (2024-2031). The Veterinary Pain Management market is poised for considerable growth, propelled by several key drivers, such as rising cases of neurological disorders, continuous technological innovation, and an increasing need for minimally invasive procedures, are expected to take the Veterinary Pain Management market to considerable heights.

Other factors contributing to this can be attributed to the large and rapidly growing patient population suffering from such targeted diseases in key markets, resulting in a significant rise in demand for Veterinary Pain Management. One of the major factors acting as a potential catalyst to drive the market growth over the forecast period is a high prevalence of acute ischemic stroke.

Market Insights:

Veterinary Pain Management Market Drivers

Increasing Funding for animal welfare to drive market growth. The rise in companion animal ownership and large livestock population, the rise in pet insurance with an increase in animal welfare spending, and the rising prevalence of animal diseases are all expected to influence the global veterinary pain management industry’s growth. Furthermore, the industry’s expansion is being driven by an increase in the need to maintain animal health and safety in developed countries, as well as an increase in the acceptance of pet insurance globally. Furthermore, the rise in the incidence of animal diseases that cause pain and inflammation is propelling the industry forward. The growing number of pet owners globally is expected to aid business growth over the forecast period.

Download a detailed overview:
https://www.skyquestt.com/sample-request/veterinary-pain-management-market

Key Market Segments:
Drug type

Opioids, Morphine, Hydromorphone, Codeine, α2-adrenergic Agonists, Xylazine, Medetomidine, Local Anaesthetics, Bupivacaine, Lidocaine, Chloropropane, Nonsteroidal Anti-inflammatory Drugs (NSIDs), Etodolac, Fentanyl, Meloxicam, Sedatives, Corticosteroids, Others

Animal type

Livestock animal, Companion animal

End users

Veterinary Hospital pharmacies, Retail Veterinary Pharmacies, Online Pharmacies

Route of administration

Oral Preparations, Parenteral Preparations

Distribution channel

Veterinary Hospitals, Pharmacies

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Regional Insights:
Based on region global veterinary pain management market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. Regionally, North America and Europe have the potential to be revenue-generating markets for veterinary pain management. Significant pet ownership, particularly in North America, is providing vast growth opportunities for the overall market. Furthermore, rising animal healthcare expenditure and a rapidly increasing number of veterinarians are fuelling the prospects. Furthermore, these regions are seeing an increase in research and development spending to better understand the pathological causes of pain in animals.

Asia Pacific and other developing regions, on the other hand, are expected to hold significant potential in the global veterinary pain management market. Rising demand for large livestock populations will drive growth in these regional markets. Furthermore, there is a growing awareness of pet insurance, as well as an increase in the amount of money spent on animal health care.

Prominent Players in Veterinary Pain Management Market:

  • Zoetis
  • Elanco
  • Bayer AG
  • Boehringer Ingelheim International GmbH
  • Merck & Co., Inc.
  • Dechra Pharmaceuticals PLC
  • Norbrook Holdings Limited
  • Ceva Sante Animale
  • Vetoquinol S.A.
  • Aratana Therapeutics Inc.
  • Kindred Biosciences Inc.
  • Biogal-Galed Labs.
  • Nutramax Laboratories Veterinary Sciences Inc.
  • K-Laser USA
  • Assisi Animal Health
  • Ellevet Sciences
  • VOM Technology
  • Innovative Animal Products
  • Grunenthal GmbH
  • Parnell Pharmaceuticals Inc.

View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/veterinary-pain-management-market

Additional Insights:

Market Penetration: Analysis of the product portfolio of different market players and the status of new product launches.

Product Development/Innovation: Assessment of R&D activities, new product development, and emerging trends.

Market Development: Analysis of regions with high growth potential.

Market Diversification: Assessment of new products, recent developments, and emerging regional markets.

Competitive Landscape: Growth strategies, revenue analysis, and product innovations by market players.

Key Questions Answered in Veterinary Pain Management Market Report:

What is the global market size of the Veterinary Pain Management Market?

Who are the key vendors in the Veterinary Pain Management Market?

What is the key driver of the Veterinary Pain Management Market?

What is the key market trend for the Veterinary Pain Management Market?

Which region accounted for the largest share in the Veterinary Pain Management Market?

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:

Mr. Jagraj Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

Posted on

Diabetic Neuropathy Market to Reach USD 7067.25 Million by 2031, Growing at 6.9% CAGR | SkyQuest Technology

Medical Radiation Shielding Market

Market Overview:

Global Diabetic Neuropathy Market size was valued at USD 3626.38 million in 2019 and is poised to grow from USD 3876.6 million in 2023 to USD 7067.25 million by 2031, growing at a CAGR of 6.9% in the forecast period (2024-2031). The Diabetic Neuropathy market is poised for considerable growth, propelled by several key drivers, such as rising cases of neurological disorders, continuous technological innovation, and an increasing need for minimally invasive procedures, are expected to take the Diabetic Neuropathy market to considerable heights.

Other factors contributing to this can be attributed to the large and rapidly growing patient population suffering from such targeted diseases in key markets, resulting in a significant rise in demand for Diabetic Neuropathy. One of the major factors acting as a potential catalyst to drive the market growth over the forecast period is a high prevalence of acute ischemic stroke.

Market Insights:

Diabetic Neuropathy Market Driver

Rise in prevalence of diabetes to cause a rise in the demand for diabetic neuropathy

Because of the rising prevalence of diabetes, global demand for diabetic neuropathy would grow at a slower rate during the projection period. Furthermore, obesity, coronary heart disease, diabetic neuropathy, and other sugar-related issues are thought to be some of the factors driving the market’s expansion. The market’s expansion is also influenced by rising urbanization, which promotes sedentary lifestyles such as carbohydrate consumption and low physical activity.

Growing research and development activities by key players to fuel the global diabetic neuropathy market.

A surge in diabetes incidence is being caused by an increase in the elderly people and carbohydrate intake. The requirement for treatments for diabetic neuropathy is rising as the world’s diabetes population grows. The expansion of the market is also being aided by the rising government expenditures to upgrade health services. The sector for diabetic neuropathy is anticipated to increase in the near future due to the quick advance in science and the rising investments made by the major industry participants.

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Key Market Segments:
Disorder

Peripheral Neuropathy, Autonomic Neuropathy, Proximal Neuropathy, Focal Neuropathy

Distribution channel

Hospitals, Clinics, Retail Pharmacy, Online Pharmacy

Drug Class

Anti-Depressants, Anti-Seizures, Opioid, Non-Steroidal Anti-Inflammatory, and others

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Regional Insights:
In 2021, the greatest market for diabetic neuropathy is in North America. In order to counteract the degradation of generic pharmaceuticals, pharma companies continue to give fresh medications in the area. Due to a big incidence of chronic diseases such as diabetes, and an increasing senior generation, diabetic neuropathy treatment has become extremely popular, particularly in the United States.

With economies such as China demonstrating profitable growth, the Asia Pacific area is the fastest-growing market overall. According to studies published, India does have one of the highest proportions of type 2 diabetes in the globe and by 2030, 80 million Indians are expected to have the disease. Due to the region’s large population of patients, poorly enforced regulatory environment, rising Research and Development investment, expansion of clinical studies, and federal funding for therapeutic strategies, pharma industries are now expanding there. As a result, the market is expected to experience significant regional growth.

Prominent Players in Diabetic Neuropathy Market:

  • Johnson & Johnson
  • Pfizer Inc
  • Eli Lilly and Company
  • Boehringer Ingelheim International GmbH
  • GlaxoSmithKline plc
  • Astellas Pharma Inc.
  • Novartis AG
  • Sanofi S.A.
  • Teva Pharmaceutical Industries Ltd.
  • Merck & Co., Inc.
  • AbbVie Inc.
  • Glenmark Pharmaceuticals Limited
  • Lupin Pharmaceuticals, Inc.
  • Intas Pharmaceuticals Ltd.
  • Alkem Laboratories Ltd.
  • Cipla Limited
  • Mylan N.V.
  • Zydus Cadila Healthcare Limited
  • Sun Pharmaceutical Industries Ltd.
  • Reddy’s Laboratories Ltd.

View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/diabetic-neuropathy-market

Additional Insights:

Market Penetration: Analysis of the product portfolio of different market players and the status of new product launches.

Product Development/Innovation: Assessment of R&D activities, new product development, and emerging trends.

Market Development: Analysis of regions with high growth potential.

Market Diversification: Assessment of new products, recent developments, and emerging regional markets.

Competitive Landscape: Growth strategies, revenue analysis, and product innovations by market players.

Key Questions Answered in Diabetic Neuropathy Market Report:

What is the global market size of the Diabetic Neuropathy Market?

Who are the key vendors in the Diabetic Neuropathy Market?

What is the key driver of the Diabetic Neuropathy Market?

What is the key market trend for the Diabetic Neuropathy Market?

Which region accounted for the largest share in the Diabetic Neuropathy Market?

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:

Mr. Jagraj Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

Posted on

Medical X-ray Market to Reach USD 21.79 Billion by 2031, Growing at 5.9% CAGR | SkyQuest Technology

Dermatological Drugs Market

Market Overview:

Global Medical X-ray Market size was valued at USD 12.28 billion in 2019 and is poised to grow from USD 13 billion in 2023 to USD 21.79 billion by 2031, growing at a CAGR of 5.9% in the forecast period (2024-2031). The Medical X-ray market is poised for considerable growth, propelled by several key drivers, such as rising cases of neurological disorders, continuous technological innovation, and an increasing need for minimally invasive procedures, are expected to take the Medical X-ray market to considerable heights.

Other factors contributing to this can be attributed to the large and rapidly growing patient population suffering from such targeted diseases in key markets, resulting in a significant rise in demand for Medical X-ray. One of the major factors acting as a potential catalyst to drive the market growth over the forecast period is a high prevalence of acute ischemic stroke.

Market Insights:

Medical X-ray Market Driver

Technical advancement in diagnostic imaging in developed countries

The radiography systems are more positively associated with technological breakthroughs. The development of new radiation sources and technologies using neutrons and X-rays is the result of advancements in radiographic systems in routine examinations (chest, neck/spine, and limbs), specialty services (dental and mammography), and emergency services (ICU, neonatal ICU, and hospital wards). The performance of X-ray exams has grown quickly as a result of such developments in diagnostic imaging, particularly in computed tomography (CT).

Download a detailed overview:
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Key Market Segments:
Type

Standard Computed Tomography, Kidney, Ureter, Bladder X-rays, Teeth bones X-rays, Chest X-rays, Lungs X-rays, Abdomen X-rays

Application

Medical Applications, General Radiography, Chest Imaging Applications, Orthopedic Applications, Mammography, Dynamic Imaging, Veterinary Applications, Other Applications

End User

Hospitals, Diagnostic centers, Research Laboratories, Others

Technology

Digital and CR/analog

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Regional Insights:
In 2021, North America dominated the market as a whole and generated the majority of worldwide revenue. The presence of numerous industry players and the frequent introduction of new products in the region are the main drivers of regional market expansion. Furthermore, many market players are now contributing to technologically advanced medical x-ray systems which are increasing the market growth in that region.

The market in the Asia Pacific is also likely to boost at the fastest rate. This is mostly a result of growing government initiatives to create mobile, technologically sophisticated medical x-ray devices.

Latin American market growth is anticipated to be boosted by factors such as rising awareness and increased market penetration. The rising frequency of chronic diseases and the market players’ increased focus on product development and diagnostics are the main drivers of market expansion in the area.
Prominent Players in Medical X-ray Market:

  • Siemens Healthcare Private Limited (Germany)
  • GENERAL ELECTRIC COMPANY (US)
  • Koninklijke Philips N.V.
  • Canon Medical Systems Corporation
  • Carestream Health, Inc.
  • Shimadzu Corporation
  • Fujifilm Holdings Corporation
  • Hitachi, Ltd.
  • Hologic, Inc.
  • Samsung Medison Co., Ltd.
  • Agfa-Gevaert N.V.
  • Ziehm Imaging GmbH
  • Analogic Corporation
  • Allengers Medical Systems Limited
  • Eurocolumbus s.r.l.
  • BMI Biomedical International s.r.l.
  • Control-X Medical GmbH
  • Poskom Co., Ltd.
  • Varian Medical Systems, Inc.
  • Vieworks Co., Ltd.

View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/medical-x-ray-market

Additional Insights:

Market Penetration: Analysis of the product portfolio of different market players and the status of new product launches.

Product Development/Innovation: Assessment of R&D activities, new product development, and emerging trends.

Market Development: Analysis of regions with high growth potential.

Market Diversification: Assessment of new products, recent developments, and emerging regional markets.

Competitive Landscape: Growth strategies, revenue analysis, and product innovations by market players.

Key Questions Answered in Medical X-ray Market Report:

What is the global market size of the Medical X-ray Market?

Who are the key vendors in the Medical X-ray Market?

What is the key driver of the Medical X-ray Market?

What is the key market trend for the Medical X-ray Market?

Which region accounted for the largest share in the Medical X-ray Market?

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:

Mr. Jagraj Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

Posted on

Infusion Pump Market to Reach USD 27.03 Billion by 2031, Growing at 7% CAGR | SkyQuest Technology

Market Overview:

Infusion Pump Market size was valued at USD 13.74 billion in 2019 and is poised to grow from USD 14.7 billion in 2023 to USD 27.03 billion by 2031, growing at a CAGR of 7% in the forecast period (2024-2031). The Infusion Pump market is poised for considerable growth, propelled by several key drivers, such as rising cases of neurological disorders, continuous technological innovation, and an increasing need for minimally invasive procedures, are expected to take the Infusion Pump market to considerable heights.

Other factors contributing to this can be attributed to the large and rapidly growing patient population suffering from such targeted diseases in key markets, resulting in a significant rise in demand for Infusion Pump. One of the major factors acting as a potential catalyst to drive the market growth over the forecast period is a high prevalence of acute ischemic stroke.

Market Insights:

Infusion Pump Market Drivers

Increasing Number of Surgical Procedures

The number of surgical procedures conducted around the world has increased significantly over the years. This can be ascribed to an ageing population as well as an increase in the prevalence of obesity and other lifestyle disorders. Obesity is a major cause of cardiovascular and orthopaedic illnesses. Obesity raises the risk of coronary heart disease, joint and tissue damage, cancer (of the breast, colon, prostate, endometrial, kidney, and gallbladder), ischemic stroke, and type 2 diabetes mellitus. Infusion pumps are essential for the continuous and regulated administration of medications during and after various types of surgery. Infusion pumps’ primary application areas include chemotherapy, gastroenterology, analgesia/pain management, and diabetes.Following bariatric surgery, cardiothoracic surgery, and laparoscopic cholecystectomy, infusion pumps are extensively utilised for the local delivery of narcotic analgesics and anaesthetics. The need for infusion therapy is predicted to rise as the number of procedures conducted rises.

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Key Market Segments:
Product

Accessories & Consumables (Dedicated accessories & consumables and Non dedicated accessories & consumables), Devices (Type, Technology and Mode)

Application

Chemotherapy/Oncology, Diabetes management, Gastroenterology, Pain management/Analgesia, Paediatrics/Neonatology, Haematology, Other applications.

End users

Hospitals, Ambulatory` care settings, Speciality Clinics, Home care settings

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Infusion Pump Market Analysis by Product Type:

The insulin pump segment dominated the global infusion pump market. The segment is expected to maintain its dominance by expanding at an extremely fast rate during the projection period. This is due to an increase in the number of type 1 diabetic patients worldwide, as well as the launch of promising technology in the insulin pump field. Growing pain treatment applications for PCA pumps are expected to drive global product demand in the future years.

Infusion Pump Market Analysis by Application:

Diabetes application segment held largest share due to rising diabetes prevalence globally. During the projection period, the segment is expected to increase at the fastest CAGR. The oncology market is likely to gain substantial traction as the prevalence of various cancers rises and new product launches increase. Other applications include haematology, pediatrics, gastrointestinal, anaesthesia, blood transfusion, and others.

Regional Insights:
Based on region, global infusion pump market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East Africa. In 2020, the global infusion pump market in North America was valued at USD 3.52 billion. The regional market is characterised by greater diabetes diagnosis and treatment rates, as well as high adoption of ambulatory pumps and attractive reimbursement policies. The advancement of medical device technology in North America is boosting market growth. Europe has the second-largest market share. An increase in the frequency of chronic diseases in this region, as well as large European Commission expenditure in the healthcare sector, are expected to fuel demand for these pumps in Europe during 2021 –2028. The market in emerging regions such as Asia Pacific, Latin America, and the Middle East and Africa is expected to grow at a faster rate over the forecast period. Rise in the prevalence of chronic diseases such as diabetes and cancer, growing healthcare infrastructure, growing GDP, disposable income, and increasing awareness about the availability of advanced therapies in the Asia Pacific region are some of the factors expected to drive market growth in this region in the coming years. The market in Latin America, the Middle East, and Africa is still in its infancy. However, the increased focus of key players on expanding their presence in these countries will boost the market growth in these regions.

Prominent Players in Infusion Pump Market:

  • Becton, Dickinson and Company (BD)
  • Baxter International Inc.
  • Fresenius Kabi AG
  • Terumo Corporation
  • ICU Medical, Inc.
  • Medtronic plc
  • Smiths Medical (a division of Smiths Group plc)
  • Braun Melsungen AG
  • Moog Inc.
  • Halyard Health, Inc.
  • Nipro Corporation
  • Johnson & Johnson
  • Roche Holding AG
  • Tandem Diabetes Care, Inc.
  • Insulet Corporation
  • Ypsomed AG
  • Valeritas Holdings, Inc.
  • Animas Corporation (a subsidiary of Johnson & Johnson)
  • Ambu A/S
  • Mindray Medical International Limited

View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/infusion-pump-market

Additional Insights:

Market Penetration: Analysis of the product portfolio of different market players and the status of new product launches.

Product Development/Innovation: Assessment of R&D activities, new product development, and emerging trends.

Market Development: Analysis of regions with high growth potential.

Market Diversification: Assessment of new products, recent developments, and emerging regional markets.

Competitive Landscape: Growth strategies, revenue analysis, and product innovations by market players.

Key Questions Answered in Infusion Pump Market Report:

What is the global market size of the Infusion Pump Market?

Who are the key vendors in the Infusion Pump Market?

What is the key driver of the Infusion Pump Market?

What is the key market trend for the Infusion Pump Market?

Which region accounted for the largest share in the Infusion Pump Market?

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:

Mr. Jagraj Singh
Skyquest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/