Tuesday, 9 August 2022

Blood Gas and Electrolyte Analyzer Market Growth, Trends and Forecast to 2023

Infectious diseases are rising at a rapid pace over the years. In addition, healthcare fraternity is reacting positively to novel advancements. Thus, based on these factors, the blood gas and electrolyte analyzer market is expected to observe steady growth during the forecast period of 2017-2023.

Blood samples play a crucial role in diagnosing both contagious and non-contagious diseases. The blood gas and electrolyte analyzers measure blood gas, pH, electrolytes, and metabolites in blood samples. Thus, owing to these capabilities, the blood gas and electrolyte analyzer market is expected to experience a stable growth trajectory based on the growing demand.

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The advent of innovative technologies across the healthcare sector has led to extensive advancements in the blood gas and electrolyte analyzer market. The players are involved in research and development activities for deriving new formulations and upgrades in the analyzers, which helps in increasing the revenues. In addition, mergers and acquisitions also play a wider role in building the growth structure of the blood gas and electrolyte analyzer market. The activities help in strengthening the influence of the players, eventually increasing the growth rate.

Factors like rising geriatric population and an unhealthy lifestyle have resulted in an increase in the prevalence of chronic diseases like diabetes, asthma, kidney failure, heart failure, and others. These diseases and disorders, if detected early can be controlled and cured. Thus, the rising awareness about early diagnosis of these diseases is helping in boosting the demand for blood gas and electrolyte analyzers.

Transparency Market Research’s (TMR’s) report on the blood gas and electrolyte analyzer market has every component that will assist the stakeholder in understanding the current scenario. The overall market research survey on blood gas and electrolyte analyzer by TMR suggests a stable growth period.

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According to the TMR experts, the market for blood gas and electrolyte analyzer is prognosticated to expand at 8.6% CAGR during the forecast period of 2017-2023. In the context of valuation, the blood gas and electrolyte analyzer market is estimated to reach a valuation of US$ 3,480.3 Mn by 2023. It was valued at US$ 2,118.4 Mn in 2017.

Replacement of Traditional Analyzers with Advanced, Portable, and Combination Analyzers Brings Profitable Growth

The user-friendly aspect of combination analyzers and the benefits associated with them are leading to an increase in the demand. Various healthcare facilities are replacing conventional blood gas and electrolyte analyzers with combination analyzers. This aspect will propel the combination blood gas and electrolyte analyzers segment to expand at a CAGR of 10.4% during the forecast period of 2017-2023.

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North America to Emerge as Dominant Region

In the context of revenue and volume, North America’s blood gas and electrolyte analyzer market is expected to witness a dominating stance. The region is projected to generate demand worth US$ 1,134.6 Mn by 2023. The most promising country in the North American region is the U.S. Presence of a well-established healthcare infrastructure and the growing interest for point-of-care devices will invite a plethora of opportunities.

The growing popularity of blood gas and electrolyte analyzer market in the Asia Pacific will result in profitable growth opportunities. The growing focus on developing a good healthcare infrastructure is expected to offer good growth opportunities.

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COVID-19 Pandemic to Invite Considerable Growth for Blood Gas and Electrolyte Analyzer Market

The advent of the COVID-19 pandemic has pushed many countries to improve blood testing capabilities across the healthcare facilities. Many governments are investing in sourcing and supporting novel technologies that can be used for enhancing blood testing diagnosis. Thus, these factors will add value to the growth trajectory of the blood gas and electrolyte analyzer market.

Some well-established players in the blood gas and electrolyte analyzer market are Nova Biomedical, Abbott Point of Care Inc., and Erba Mannheim, Alere, Inc.

The global blood gas and electrolyte market is segmented on the basis of:

  • Device Type
    • Blood Gas Analyzer
    • Electrolyte Analyzer
    • Combination Analyzer
    • Consumables
  • Geography
    • North America
    • Asia Pacific
    • Europe
    • Rest of the World

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About Us

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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Transparency Market Research Inc.
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Monday, 8 August 2022

Mobile Imaging Services Market In-depth Analysis, Business Strategies, and Growth Rate by 2027

Mobile Imaging Services Market Outlook

According to the report, the global mobile imaging services market was valued at US$ 12,510.7 Mn in 2018 and is projected to expand at a CAGR of 2.7% from 2019 to 2027.

Overview

  • Medical imaging systems have become indispensable for disease diagnosis due to numerous recent developments and applications, surge in the geriatric population and rise in the prevalence cardiovascular diseases, renal disorders, neurological disorders, and cancer. Driven by the objective of serving the needs of the geriatric population by providing extended care and reducing wait times, consequently balancing the patient load, the mobile medical imaging systems are anticipated to witness an impressive growth in the next few years.

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  • The market is expected to gain pace due to an increase in the number of procedures performed using mobile imaging services. Advertising is another key driver for the market. Increase in the awareness among the people about these mobile services would allow health care providers to give a serious thought to these alternative options.
  • Mobile imaging services provide faster medical care during natural calamities. Furthermore, as the life of the installed base of imaging equipment nears obsolescence, hospitals seek cost-effective alternatives such as mobile imaging services.

At home diagnostic testing may boost the mobile imaging services in the near future

  • There has been emergence of newer service providers offering hospital quality services specifically designed to meet the need of non ambulatory and home bound patients providing service right to the bed side. This advancement will help reduce the discomfort the home bound patient may suffer during travelling to various imaging centers. Beaumount Health System in the U.S. is one such mobile imaging service provider.

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Improved access to diagnostic imaging in developing countries by increasing awareness and initiatives by government and equipment manufacturers

  • Lack of awareness for disease diagnosis may often deprive people from early detection of dreadful diseases such as cancer thus leading to high mortality. Need for better facilities is more pronounced in sub-urban and rural areas where people, especially women are more reluctant to visit hospitals or clinics due to poor financial condition or even mere shyness. In February 2014, Philips Healthcare has built-in the mobile van with imaging technology, comprising a dual-energy X-ray absorptiometry scan for osteoporosis and a digital mammography machine for breast cancer screening. A partnership between the private sector and a non-profit organization can also help make a difference. Rad-Aid International, Inc., a US-based non-profit public service provider in order to provide healthcare service partners with Philips Healthcare for technology and Postgraduate Institute of Medical Education and Research (Pgimer), Chandigarh, for medical expertise and therapeutic care

MRI Segment to Dominate Market

  • Based on type, the global mobile imaging services market has been divided into X-ray, ultrasound, CT, MRI, PET/CT, bone densitometry, and mammography. Mobile MRI equipment is the most preferred modality for mobile purposes since it is more expensive than a CT scanner and also covers a wider range of applications. The mobile MRI sector is known to grow at a faster pace owing to the high cost of owning a fixed MRI scanner coupled with growing demand for MRI procedures. The rise in the elderly population demanding more diagnostic precision, shrink in payor reimbursement, and greater work pressure on existing radiologists due to the rise in demand for diagnostic procedures, are some of the factors that have helped drive the need for faster MRI services with improved efficiency, accuracy, and accessibility

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Generic Mobile Imaging Services to be Highly Lucrative Segment

  • In terms of end-users, the global mobile imaging services  market has been classified into hospitals & private clinics, home healthcare providers, rehabilitation centers, geriatric care & hospice agencies, sports organizations, and others (military institutions, prisons).
  • Hospitals & private clinics segment is expected to dominate the global mobile imaging market. Rise in the prevalence of diseases would result in increase in patient inflow at private clinics, hospitals and other health institutes. Cancer, infectious diseases and neurological disorders have been the major reasons for increased emergency room visits in the recent past. An article published by Fierce Healthcare states that emergency room visits have increased in the U.S. due to the implementation of the Affordable Care Act. The article also mentions that several doctors expect a significant increase in this number in the near future.

North America to Dominate Global Market

  • In terms of region, the global mobile imaging services market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global mobile imaging services market in 2018, followed by Europe.
  • North America, comprising the U.S. and Canada, was the largest regional market for mobile imaging services in 2019. Large numbers of players have been serving dispersed populations in rural areas in these regions. Convenience and ease of diagnostic imaging has also increased use of mobile imaging by other customer groups such as correctional institutes, rehabilitation centers, geriatric care, and other medical care facilities.
  • Furthermore, precautionary measures at sports events have improved the quality of medical care provided at such sites. Although mobile MRI and CT account for majority of the market share, popularity of PET/CT, and bone densitometers is increasing considerably in this region. Profit margins for mobile imaging services providers are comparatively higher in the U.S., owing to higher procedure volume. Large numbers of players offer mammography scanning as part of a community service and are not-profit organizations.

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Competitive Landscape

  • The global mobile imaging services market is fragmented in terms of number of players. Key players in the global market include Accurate Imaging, Inc., Atlantic Medical Imaging, Alliance HealthCare Services, Center For Diagnostic Imaging, Cobalt Health, DMS Health Technologies, InHealth Group, INTERIM DIAGNOSTIC IMAGING, LLC., First Coast Mobile Imaging, Inc., Nuffield Health among others

The global mobile imaging services market has been segmented as follows:

  • Global Mobile Imaging Services  Market, by Type
    • X-ray
    • Ultrasound
    • CT
    • MRI
    • PET/CT
    • Bone Densitometry
    • Mammography
  • Global Mobile Imaging Services  Market, by End-users
    • Hospitals & Private Clinics
    • Home Healthcare Providers
    • Rehabilitation Centers, Geriatric Care & Hospice Agencies
    • Sports Organizations
    • Others (Military Institutions, Prisons)

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  • Global Mobile Imaging Services  Market, by Region
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia & New Zealand
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • GCC Countries
      • South Africa
      • Rest of Middle East & Africa

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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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Thursday, 4 August 2022

Dental 3D Printing Market is projected to reach a value of US$ 2.9 Bn by the end of 2031

3D Printing Market: Introduction

According to the report, the global dental 3D printing market was valued at US$ 1.3 Bn in 2020 and is projected to expand at a CAGR of ~9% from 2021 to 2031. Dental 3D printing is a technique used to find new ways to fix broken teeth and make flossing easier. Dental 3D printers need to be quite precise. Major factors expected to drive the global dental 3D printing market during the forecast period include increase in the global geriatric population, rise in prevalence of dental issues, and growth in awareness about the advantages of the 3D printing technology in dental practices.

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North America held major share of the global dental 3D printing market in 2020, due to the presence of large population suffering from dental issues, rise in adoption of polymer-based dental products, and increase in research funding for dental 3D printers in the U.S. The dental 3D printing market in Asia Pacific is expected to expand at a high CAGR of 9.5% from 2021 to 2031, due to rise in number of elderly patients and increase in launch of dental 3D printer products by key players in the region. This is likely to drive the demand for technologies for dental 3D printing in emerging countries such as India and China.

Advent of New Technology across Globe to Drive 3D Printing Market

The global rise in the prevalence of dental disorders such as tooth loss, decay, malocclusion, and periodontal diseases; and more emphasis on esthetics are fueling the demand for dental implants, crowns & bridges, and dentures. Advancements in technology and development of new software enable dentists to produce rapid, smooth, and precise dental models with enhanced efficiency. This also helps provide a seamless dental 3D printing workflow. As a result, technical progress is vital for the growth of the global dental 3D printing market. New technologies are being employed to efficiently create dental products of high quality by using minimal resources and limited labor hours.

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In April 2019, Formlabs, Inc. announced the launch of two new advanced professional Low Force Stereolithography (LFS)- based 3D printers: Form 3 and Form 3L. In February 2018, 3D Systems, Inc. launched NextDent 5100, a Figure 4-based SLA 3D printer specifically designed for dental labs; and FabPro 1000, a low cost, high productivity DLP-based 3D printer used for dental applications. Thus, advancements in dental 3D printers are expected to fuel the demand for dental treatment. This is anticipated to boost the global dental 3D printing market in the near future.

Vat Photopolymerization Dominated Dental 3D Printing Market

In terms of technology, the global dental 3D printing market has been classified into vat photopolymerization (stereolithography and digital light processing), fused deposition modeling, polyjet technology, selective laser sintering, and others. The vat photopolymerization segment dominated the global dental 3D printing market in 2020. This trend is projected to continue during the forecast period. Increase in usage of digital light processing for photopolymerizing materials, owing to its low cost, high resolution, and faster print times are projected to drive the segment over the next few years.

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Photopolymer to Witness High Demand

In terms of material, the global dental 3D printing market has been segmented into metals, photopolymer, ceramic, and others. The photopolymer segment accounted for a major share of the global dental 3D printing market in 2020. The segment is projected to register highest market attractiveness index by 2031. The growth of the segment can be ascribed to properties of photopolymer such as excellent strength, durability, low cost, and biocompatibility. The metals segment is anticipated to expand at a rapid CAGR during the forecast period, owing to increase in adoption of metal 3D printers in the direct manufacture of dental prosthesis using biocompatible cobalt chrome powder.

Crowns & Bridges to be Main Application

In terms of application, the global dental 3D printing market has been categorized into dental implants, dentures, crowns & bridges, and others. The crowns & bridges segment held a major share of the global dental 3D printing market in 2020. Rise in the number of orthodontic cases, increase in the focus on esthetics, and growth in edentulous elderly patient pool across the globe are projected to propel the demand for crowns and bridges in the near future.

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Dental Clinics and Labs to be Key End Users

Based on end user, the global dental 3D printing market has been divided into dental clinics & labs, dental academic & research institutes, and others. Increase in dental patient population and presence of expertise to utilize 3D printing techniques for dental procedures are some of the factors estimated to propel the dental clinics & labs segment during the forecast period.

North America to Dominate Global Market; Asia Pacific to Offer Significant Incremental Opportunities

In terms of region, the global dental 3D printing market has been segregated into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America is projected to account for leading share of the global dental 3D printing market during the forecast period, owing to increase in the number of patients suffering from dental issues and adoption of digital dentistry by dental labs in the region.

According to the American College of Prosthodontists (ACP), currently, 23 million individuals in the U.S. are wholly edentulous, while another 12 million are edentulous in one arch. Every year, approximately 15 million people in the U.S. receive crown and bridge replacements for missing teeth. This is likely to drive the market in North America in the near future. Dental caries has become the leading cause of dental diseases in North America. It is expected to continue to rise in the near future, as the population ages and people lead unhealthy lifestyles. The American Dental Association states that the number of children receiving dental care has been rising. This is prompting private and public sectors to provide insurance coverage policies for dental treatment.

The dental 3D printing market in Asia Pacific is projected to expand at a rapid pace in the near future. India, China, and South Korea are expected to be lucrative markets, owing to establishment of new distribution channels and rise in awareness about the benefits of 3D printing technology in dental practice in these countries.

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Growth Strategies of Key Players

Key players operating in the global dental 3D printing market are EnvisionTEC, Inc., 3D Systems, Inc., Renishaw plc., SLM Solutions, Formlabs, Inc., Stratasys Ltd., DWS S.r.l., Prodways Group, Asiga, Carbon, Inc., DSI Ltd., TRUMPF, Keystone Industries, Zortrax S.A., SprintRay, Inc., Dentsply Sirona, General Electric Company, Rapid Shape GmbH, and Roland DG Corporation. These companies engage in research & development activities to develop novel products in order to expand product offerings and customer base. In July 2019, DSI Ltd. launched DSI Alyoss, which is an allograft material. DSI Alyoss is composed of cortical and cancellous bone, and is available in the form of ready-to-use syringe. It is harvested from sections of the ilium and then placed into several particulate sizes, which results into a unique mix. In this blend, the cancellous bone’s porous architecture provides a scaffold, which promotes osteoconduction and accelerates the revascularization, while the cortical component delivers lamellar structure, possessing density and strength relatively similar to that of the original bone.

Global 3D Printing Market: Segmentation

3D Printing Market, by Technology

  • Vat Photopolymerization
  • Fused Deposition Modeling
  • PolyJet Technology
  • Selective Laser Sintering
  • Others (Powder Binder Printers [PBP], steriolithography, etc.)

3D Printing Market, by Application

  • Dental Implants
  • Dentures
  • Crown & Bridges
  • Others (Caps, Prosthesis, etc.)

3D Printing Market, by Material

  • Metals
  • Photopolymer
  • Ceramic
  • Others (Dentals Composites, Mixtures of Materials, etc.)

3D Printing Market, by End User

  • Dental Clinics & Labs
  • Dental Academic & Research Institutes
  • Others (Hospitals, ACS, etc.)

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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

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Transparency Market Research Inc.
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1000 N. West Street,
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Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
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Email: sales@transparencymarketresearch.com

 

Blood Gas and Electrolyte Analyzer Market Growth, Trends and Forecast to 2023

Infectious diseases are rising at a rapid pace over the years. In addition, healthcare fraternity is reacting positively to novel advancemen...