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Angiography Devices Market – Government Subsidies to Increase the Ubiquity of Essential Medical Equipment to Increase the Market Demand

The global market for angiography devices is highly competitive in nature with a large number of players operating in it across the globe, states a new research report published by Transparency Market Research. The expansion of the product portfolio and the rising research and development activities are the key factors that are projected to enhance the growth of the level of competition in the next few years. Some of the key players operating in the angiography devices market across the globe are AngioDynamics, Medtronic Inc., GE Healthcare, Merit Medical Systems, Siemens Healthcare, Shimadzu Corporation, Koninklijke Philips N.V., Boston Scientific Corporation, Canon Medical Systems Corporation, and Cordis Corporation. Furthermore, the rapid development of the healthcare systems and the innovations in this field are some of the other major factors that are projected to encourage the growth of the overall market throughout the forecast period.

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According to the market research study by Transparency Market Research, the global market for angiography devices is estimated to reach a value of US$33,370.3 mn by the end of 2025. The market is likely to register a healthy 4.30% CAGR between 2017 and 2025.

The global market for angiography devices has been classified on the basis of geography into the Middle East and Africa, North America, Latin America, Europe, and Asia Pacific. In the last few years, North America accounted for a large share of the market and is estimated to remain in the similar position in the next few years. The presence of several leading players and the advanced healthcare facilities are the key factors that are projected to accelerate the growth of the North America in the next few years. On the other hand, Asia Pacific is predicted to register a healthy growth rate in the coming few years. The rising consumer awareness and the increasing disposable income are projected to accelerate the growth of this region in the near future.

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The global angiography devices market has been bifurcated on the basis of technology into CT, X-ray, MRI, and others. The X-ray segment is projected to experience a healthy growth rate in the next few years and is likely to remain in the leading position in the near future. The rising demand for flat-panel digital detectors is one of the key factors predicted to enhance the growth of the X-ray segment throughout the forecast period. On the other hand, the MRI and CT segments are anticipated to witness a healthy growth, thanks to their non-invasive nature of performing the angiography.

The rise in the aging population and the increasing incidence of CVD are the major factors encouraging the growth of the angiography devices market in the next few years. The rising number of awareness programs and increasing funding activities and the growing focus on technological advancements are some of the key factors that are estimated to accelerate the growth of the overall market throughout the forecast period. On the flip side, the risk of radiation exposure and the limitations in the reimbursement for the angiography procedure are projected to restrict the growth of the market in the near future. Nonetheless, the developing economies hold immense growth potential, which is likely to accelerate the growth of the global angiography devices market in the next few years.

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About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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ECG Systems Market Size, Status and Forecast to 2024


Global ECG Systems Market: Snapshot

The global market for ECG systems is gaining traction from a number of factors, such as increasing incidences of lifestyle inflicted diseases, prevalence of cardiovascular diseases, technological advancements in electrocardiography systems, growing need for remote monitoring to reduce cost and serve growing population of geriatrics, and government regulations in various developed and developing countries that favor the ECG devices. On the other hand, the market for ECG systems is facing challenge from unstable economic conditions in various potential country-wide markets, saturation of the market, and undefined reimbursement policies. Nevertheless, the vendors operating in the global ECG systems market are expected to find new opportunities in the emerging economies, particularly in Asia Pacific, and gain ground over the competition via merger and acquisitions as well as joint ventures.

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As far as the competitive landscape of the global ECG systems market is concerned, presence of several established players makes it highly intense and advent of new products that offer improved efficiency and accuracy will help them increment their market shares. For instance, CardioComm Solutions, Inc. launched a new product called HeartCheck PEN, which works on bluetooth wireless connectivity to gain data from Andriod and iOS smartphones. Around the same time, Philips has unveiled its Efficia ECG100, which is primarily a cost-effective cardiograph that aids in enhancing patient care and also reduces healthcare costs. This report on the global ECG systems market overviews the current scenario and estimates the future state until 2024, based on in-depth analysis of the factors that may influence the demand. The report also contains profiles of a number of key players in order to represent the opportunities for new vendors and recent strategic developments.

Global ECG Systems Market

Electrocardiography (ECG) is a way of measuring the electrical activity of the heart. During each heartbeat, cardiac muscles undergo depolarization, creating a small electrical charge. This charge, the frequency and magnitude of which serves as a sign of heart health, is detected via electrodes on the chest and limbs. ECG systems allow cardiologists to diagnose several cardiac conditions, such as arrhythmias, congenital cardiac problems, and poor blood supply. The ease of conducting an ECG test has led to it becoming widely used for primary cardiologic diagnosis.

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Global ECG Systems Market: Drivers

The primary driver for the global ECG systems market is the increasing prevalence of cardiovascular diseases. The increasing acceptance of the Western lifestyle in developing regions such as Asia Pacific and Latin America has led to an increasing prevalence of lifestyle disorders such as diabetes and obesity, which are major risk factors for cardiovascular diseases. Cardiac diseases are already among the deadliest groups of diseases across the world and are expected to increase in morbidity in the coming years due to the increasingly sedentary lifestyle of the modern populace. This will likely propel the global ECG systems market at a brisk pace.

Steady technological innovation in medical devices, required to iron out the tiniest of flaws and make vital medical devices as precise as possible, has led to the development of advanced ECG systems that monitor cardiac activity with a high degree of precision. This has made diagnosis through ECG systems increasingly reliable, consequently increasing patient confidence and thus driving the global ECG systems market.

Several governments across the world have been proactive in establishing advanced, modernized health-care networks. This has led to steady government support for the development of disease monitoring devices that can provide accurate diagnoses and thus help reduce the incidence of diseases. This has worked in favor of the global ECG systems market in the past few years and is expected to remain an influential factor in the coming years.

Global ECG Systems Market: Restraints and Opportunities

On the flip side, the instability of economic conditions in many parts of the world and the lack of promising reimbursement policies are the major restraints on the global ECG systems market. The ECG systems market has also suffered from saturation in developed economies, where healthcare networks have already reached a high level of sophistication. However, the rising demand for ECG systems from emerging countries will help market players overcome this concern.

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The ECG systems market remains highly competitive at present, with many companies able to offer devices at similar levels of technological sophistication. Collaboration for R&D as well as other parts of the product lifecycle has thus emerged as a major opportunity for players in the global ECG systems market. Collaboration will help players improve their R&D channels, while M&As will also allow multinational players to expand their geographical reach. Major players in the global ECG systems market include Royal Philips Healthcare, Nihon Kohden Corp., Welch Allyn, GE Healthcare, and Medtronic.

Global ECG Systems Market: Regional Dynamics

The global ECG systems market was dominated by North America in 2015. The high prevalence of lifestyle disorders such as diabetes and obesity is a major factor responsible for the dominance of North America in the global ECG systems market. The increasing aging population, which is more prone to cardiac trouble than younger demographics, is another key factor expected to shape the trajectory of the ECG systems market in the region. The Europe market for ECG systems took up the second-largest share in the global market.

The future of the global ECG systems market, though, is expected to be dominated by Asia Pacific, with the increasing prevalence of cardiac disorders and increasing government support in APAC countries expected to help the regional market post strong figures in the coming years.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Medical Disposables Market to Witness a Pronounce Growth by 2026

Medical disposables are products that are used in hospitals or in various medical fields for prevention of infections and for safety measures to meet the medical standards. The medical disposables are important to lower the risk of cross-contamination and infections that is a primary aim of healthcare professionals and governments globally. Medical disposables includes conventional syringes, disposable medical catheters, isolation gowns, procedure kits and trays, blood glucose tes

t strips, and wound care products. The medical disposables are the essential component of every hospital and they have one time usage and need to be disposed after use. Medical disposables are used in surgery, drug and fluid delivery, wound management, diagnostic testing, patient examination, incontinence management, sterilization, and to reduce the discomfort of patient. The need of safety and prevention from infections for the various medical fields such as surgical wear, hygiene, anesthesia and pediatric will expand the medical disposables market.

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The rising demand in the preventive measures for hospital acquired infections and diseases driving the medical disposables market

Increase in incidence of hospital acquired infections and diseases and the increased focus on prevention from this infections is propelling the growth of medical disposables market. For instance, the data given by World Health Organization (WHO) shows that the prevalence of healthcare associated infection in 2010, in developed countries was 3.5% to 12% and it varies between 5.7% and 19.1% for low and middle income countries. Rising geriatric population, increase in incidence of incontinence problems, some mandatory guidelines that need be followed for safety of patients, and increasing demand for sophisticated healthcare facilities are some of the important factors that are driving the medical disposables market. Introduction of new value added, high quality safety products are the emerging trends in the medical disposables market.

Drug delivery disposables segment dominates in the medical disposables market due to the application of drug delivery products for sustained release drug therapies

The global medical disposables market is segmented by materials, by product type, by end user, and by region

On the basis of materials medical disposable market is segmented into

High healthcare spending drives the medical disposables market in North America

Regional segmentation of medical disposables market by Coherent Market Insights comprises North America, Latin America, Europe, Africa, Asia Pacific, and Middle East. Government initiatives, large patient pool, well established healthcare infrastructure, higher adoption rate of advanced technology, and growing awareness regarding infection control and cross-contamination in medical and healthcare fields are some major factors contributing to the domination of North America in the global medical disposables market. Asia Pacific is also a fast emerging market for medical disposables. Growing prevalence of chronic disorders due to sedentary lifestyle, presence of large number of players involved in the medical disposable product development, such as India and Japan, are expected to fuel the growth of medical disposables market.

Strong brand image and robust product portfolio positions international players as key participants in the medical disposables market

Key players operating the medical disposables market includes Abbott laboratories, Johnson & Johnson, Ansell Limited, Becton and Dickinson Company (BD), Boston Scientific Corporation, Medtronic Incorporated, Derma Sciences Incorporated, Kinetic Concepts, Medline Industries Inc., Cardinal Health Incorporated, and Minnesota Mining and Manufacturing Company (3M Company). International players such as 3M Company and Johnson & Johnson are dominating the medical disposables market.

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Market Data Forecast

Collateral Ligament Stabilizer System Market worth USD 2.4 Billion by 2023

Collateral Ligament Stabilizer System Market Size and Growth:

Collateral Ligament Stabilizer System Market size was valued around USD 1.6 billion in 2018. It is deemed to grow at a CAGR of 7.22% to reach USD 2.4 billion by 2023.

With a continuous increase in elderly populace worldwide, the number of patients suffering from joint disorders and Arthritis is projected to surge quickly. This will act as a major driving factor for collateral ligament stabilizer system market. Sports-related injuries which mainly include bone fractures, ligament tears, muscle sprains are also playing a crucial role in propelling the Collateral Ligament Stabilizer System Market growth. Also, an increase in road accidents will most likely fuel the need for Collateral Ligament Stabilizer System. The prominence of games, particularly those including valgus knee stacking such as ice hockey, skiing, and football, has added to the successive occurrence of medial collateral ligament injuries.

Collateral Ligament Stabilizer System Market Drivers and Restraints:

Collateral Ligament Stabilizer System Market is stimulated by the increasing prevalence of orthopedic diseases such as knee arthritis and increasing geriatric population with low calcium density in the knee bone that leads to facture. Nevertheless, high price involved in the knee replacement and knee surgery is likely to hinder the proper growth of the market during the forecast period (2018-2023).

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Collateral Ligament Stabilizer System Market Segmentation:

By Type:

  • Medial collateral ligament
  • Lateral collateral ligament

By Treatment:

  • Surgical treatment
  • Non-surgical treatment

By End-user:

  • Hospitals
  • Orthopedic clinics

Market Geographical Analysis:

By geography the market is segregated into Latin America, Asia Pacific, Europe, North America, and Middle East and Africa. North America is leading the global market presently due to the favorable reimbursement policies and high frequency of knee injuries in sports and accidents. Augmentation of elderly populace is a major factor that drives the market expansion in Asian countries.

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Market Prominent Players:

Some of the leading manufacturers of the CLSS market include DJO Global LLC, DePuy Synthes, Ossur, DeRoyal Industries, Bauerfeind, Seabourne Group, Arthrex, and Deroyal.

The Scope of the report:

Market Data Forecast firm have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. A few key business areas that we handle with excellence include business process improvement, corporate financing and decision making based on market research, assisting in developing appropriate strategy and providing consultancy based on extensive research

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Computer Aided Detection Market: The Evolution of Future Healthcare Industry

Computer Aided Detection (CAD) software is a set of algorithms that uses pattern recognition method assisting physicians with interpretation of medical images. Increasing number of patients opting for diagnostic imaging techniques is expected to propel the volume of image data to be analyzed. It is a diagnostic analysis technology, which assists physicians in reducing detection errors. CAD software is helpful in diagnosis of several diseases, such as cancer, coronary artery disease, cardiovascular diseases, and neurological diseases through imaging modalities, such as X-Rays imaging, Magnetic Resonance Imaging ultrasound imaging, and computed tomography. It helps in accurate detection of chronic diseases in early stages, reducing mortality rates due to cancer, cardiovascular, and neurological diseases.

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Increase in prevalence of the chronic diseases is anticipated to fuel the demand of Computer Aided Detection Market

Increasing cancer treatment awareness and routine medical check-up is driving the demand for CAD market. Advanced digital imaging techniques have enhanced the effectiveness and efficiencies of CAD solutions. Easy integration with various imaging equipment is helping with early detection of chronic diseases. It has applications in clinical and research and development activities. Medical tourism is also boosting the adoption of CAD. Gradual increase in demand for Health Insurance, which requires pre-screening of chronic diseases is driving the growth of CAD market. Major investments in R&D of Computer Aided Detection with 3D imaging are providing opportunities for growth of the market. High cost is the challenge for growth of CAD market.

Intense merger and acquisition among the emerging players to boost the computer aided detection market

Key players involved in global computer aided detection market are GE Healthcare, Philips Healthcare, Hologic,Inc., Inc. iCAD, Agfa-Gevaert N.V., EDDA Technology, Fujifilm Medical System, Invivo Corporation, Hitachi Medical Corporation, and Siemens Healthineers. GE Healthcare got FDA clearance for its Senographe Pristina Dueta, which is claimed to be the 1st patient-assisted mammography device that allows women to control their own compression during the examination. GE healthcare has transform the mammography for reducing the pain during examination. Philips Healthcare has entered an agreement with Belgium-headquartered IBA (ION Beam Applications SA) for providing proton therapy solutions, it is an advanced therapy for treatment of cancer in India.

Computer Aided Detection Market – Taxonomy

Computer Aided Detection Market is segmented on the basis of application, end users, imaging modalities

On the basis of application, the global computer aided detection in healthcare market can be segmented as.

  • Lung cancer
  • Breast cancer
  • Liver cancer
  • Bone cancer
  • Prostate cancer
  • Colorectal cancer
  • Others (Cardiovascular and Neurological Indications etc.)

On the basis of imaging modalities, the global Computer Aided Detection market in healthcare market can be segmented as

  • Ultrasound imaging
  • Mammography
  • Tomosynthesis
  • Computed tomography
  • Magnetic resonance imaging

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Magnetic Resonance Imaging Market Growth and Sales Forecast 2018 – 2026

Magnetic Resonance Imaging Market – Snapshot

Inventive technologies and cutting-edge research have led to the development of several innovative magnetic resonance imaging equipment, helping patients live healthier and longer lives. Magnetic resonance imaging or MRI is an advanced diagnostic technology for obtaining information from the interior of the body. Magnetic resonance imaging is also used in the industry for additional technical purposes. Main advantage of magnetic resonance imaging is that it can create 3D images of the object or patient under study without hurting the patient in any way and without using any ionizing radiation.

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The global magnetic resonance imaging market was valued at US$ 5,900 Mn in 2017 and is projected to expand at a CAGR of 5.2% from 2018 to 2026. There has been a substantial rise in incidence of disorders related with spine, neurology, orthopedic, cardiovascular, head and neck, and abdominal and prostate that has increased the demand for magnetic resonance imaging equipment across the world. According to the World Health Organization (WHO), cardiovascular diseases account for approximately 9.4 million deaths globally each year. The number is slated to increase to more than 23 million by 2030. Upsurge in geriatric population is likely to boost the demand for health care products and services as this segment of population is more prone to diseases, such as, orthopedic (osteoporosis), cardiovascular diseases, etc. Early identification of these disorders is crucial for decision making and ensuring proper treatment. These diseases can be accurately diagnosed with the use of imaging equipment, such as, magnetic resonance imaging (MRI), etc. Hence, rise in aging population is expected to drive the growth of the global magnetic resonance imaging market in the near future.

Pressure on government to explore avenues to improve health care facilities for geriatric population while reducing the financial burden is on the rise. Development of health care infrastructure in emerging economies, paired with rise in awareness about available treatment options for spine, neurology, orthopedic, cardiovascular, head and neck, and abdominal and prostate health issues has led to rapid adoption of latest magnetic resonance imaging equipment in regions, such as, Asia Pacific, the Middle East, Latin America, and emerging African countries. Increased efforts of government and health care organizations in such countries toward prevention and efficient treatment of patients has boosted the adoption of magnetic resonance imaging equipment. However, high price of MRI scanners is a major restraining factor of the growth of the market in emerging countries. In these regions, complementary systems, such as, ultrasound are installed as an alternative to magnetic resonance imaging equipment.

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Moreover, even after procuring costly high resolution closed system MRI equipment, they could not be used as a large number of patients suffer from claustrophobia and have reservations against these equipment. These factors have resulted in limited adoption of premium devices, such as, very high field MRI (4.0t – 5.0t) and ultra-high field MRI (6.0t and above), thereby leading to ordinary growth of the market. However, technological advancements have prompted the development of high resolution open MRI equipment. These devices are likely to be widely accepted in the near future due to better patient compliance and development in the skills of caregivers.

The global magnetic resonance imaging market has been analyzed on the basis of application, design, device type, end-user, and geography. In terms of application, the spine segment held major market share in 2017 and is projected to remain dominant during the forecast period. In terms of device type, the high-field MRI (1.5T – 3.0T) segment is estimated to dominate the magnetic resonance imaging market globally during the forecast timeline.

Geographically, North America dominated the global magnetic resonance imaging market in 2017. Technological advancements, increase in prevalence of chronic diseases, rapid adoption of magnetic resonance imaging equipment by service providers, and rise in demand for early diagnose of diseases are likely to boost the magnetic resonance imaging market in this region during the forecast period. Asia Pacific is expected to witness significant growth during the forecast period. Untapped opportunities, improving health care infrastructure, favorable government initiatives, and growth in geriatric population are expected to boost the market in the region in the next few years. According to the WHO, global population aged over 60 years is expected to increase from 12% in 2015 to 22% in 2050.

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Key players operating in the global magnetic resonance imaging market include Esaote SpA, AllTech Medical Systems, Koninklijke Philips N.V., Siemens Healthcare GmbH, Hitachi, Ltd., CANON MEDICAL SYSTEMS CORPORATION, GE Healthcare, and Magnetica.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Radiosurgery Robotic Systems Market to Experience Significant Growth during the Forecast Period 2018 to 2026

Radiosurgery treatment uses focused beams of special ionized radiations directed at the patient. It is primarily used to treat tumors. High dose radiation is delivered to the tumor by directing the beam through the tumor at different orientations. Before the introduction of real-time tissue tracking, radiosurgery was only limited to brain treatments by using stereotactic frames. However, the scope of radiosurgery treatment has drastically increased because of the introduction of real-time tissue tracking systems in the current commercially available non-invasive radiosurgery robotic systems. The radiosurgery robotic system is a type of robotic system designed to deliver stereotactic body radiation therapy (SBRT) and high-precision radio surgical procedures. Radiosurgery robotic systems includes three major types namely CyberKnife robotic radiosurgery system, gamma knife perfexion radiosurgery system, and truebeam Stx radiosurgery system. The CyberKnife robotic radiosurgery system is a frameless radiosurgery device that consists of a robotic arm that holds a linear accelerator. Availability of X-ray imaging device and optional synchrony system in the device make the CyberKnife system distinct from its competitors. The TrueBeam STx robotic radiosurgery system is another frameless radiosurgery system that incorporates linear accelerator with micro-multileaf collimators to create beam shaping. The GammaKnife Perfexion stereotactic radiosurgery system streamlines the workflow and expands the treatable volume through its unique automated, multi-source collimator.

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Increasing incidences of brain cancer and spinal cancer, increasing preference for minimally invasive surgical procedures, and rising adoption of robotic technology are the major factors that drive the expansion of the radiosurgery robotic systems market. Also, the high efficacy of radiosurgery robots in treating tumors and efficient dose manipulation in comparison to other traditional surgical procedures is expected to boost the demand for radiosurgery robotic systems. Advances in technology is a major trend that is expected to increase the adoption of radiosurgery robotic systems. The integrated planning software in radiosurgery robotic systems allows the creation of highly complex plans such as donut-shaped dose distribution by configuring composite shots and also avoids overexposure to critical structures. However, the high cost of radiosurgery robotic systems is the major factor that hampers the expansion of the radiosurgery robotic systems market.

The radiosurgery robotic systems market can be segmented based on product, radiation source, end-user, and geography. In terms of product, the radiosurgery robotic systems market can be categorized into robotic systems, instruments and accessories, and system services. Based on radiation source, the radiosurgery robotic systems market can be classified into gamma-ray based systems, X-ray based systems, and proton-beam based systems. In terms of end-user, the radiosurgery robotic systems market can be segmented into specialty clinics, hospitals, and ambulatory surgery centers.

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In terms of gepgraphy, the radiosurgery robotic systems market can be classified into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominated the global market for radiosurgery robotic systems products due to high awareness among end-users and early adoption of technologically advanced radiosurgery robotic systems. North America accounts for a significant market share of the global radiosurgery robotic systems market, followed by Europe. Developed countries such as Germany, the U.K., and France are major contributors to the radiosurgery robotic systems market in Europe. Factors such as increasing number of people diagnosed with brain tumor and spinal tumor, technological advancements, extensive R&D practices, and increasing awareness about the treatment and management of cancer are anticipated to boost the radiosurgery robotic systems market in Europe. In Asia Pacific, increasing demand for radiosurgery robotic systems from countries such as China, India, and Japan is expected to boost the market. In addition, increasing penetration of minimally invasive procedures and awareness about cancer treatment are some of the key factors driving the radiosurgery robotic systems market in Asia Pacific. However, affordability and lack of availability of innovative radiosurgery robotic systems has become a restraining factor for the radiosurgery robotic systems market in developing and undeveloped regions such as Latin America and Middle East & Africa. The radiosurgery robotic systems market in these regions is expected to expand at a slow pace, with contributions from some developing countries such as South Africa and Brazil. Major players operating in the radiosurgery robotic systems market include Accuray Incorporated, BrainLAB AG, Elekta, Best Theratronics, Ltd., Huiheng Medical Inc., Varian Medical Systems Inc., and ViewRay, Inc.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector — such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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Cyclosporine Drugs Market Set for Exquisite Growth with Globally Leading Players

Cyclosporines are calcineurin inhibitors belonging to the immunosuppressant agent class of drugs. It is a metabolite extracted from the Tolypocladium fungus. Cyclosporine is a potent immunosuppressive agent that prolongs existence of allogeneic transplants in the lungs, small intestines, pancreas, heart, skin, liver, kidneys, and bone marrow. Cyclosporine suppresses certain cell-mediated immune reactions such as allograft rejection, encephalomyelitis, Freund’s adjuvant arthritis, graft diseases, experimental allergy, and delayed hypersensitivity for a variety of organs and certain humoral immunity. Cyclosporine is sometimes prescribed for patients with autoimmune myasthenia gravis in order to treat dry eye.

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According to the National Institute of Environmental Health Sciences, more than 80 autoimmune diseases have been identified. Some of them are diabetes (type 1), lupus, multiple sclerosis, rheumatoid arthritis, and celiac disease. Rise in the prevalence of these diseases drives the global cyclosporine drugs market. Increasing low birth weight associated with the development of rheumatoid arthritis as an adult drive the cyclosporine drugs market. The exposure to solvents such as nail polish, cleaning supplies, paint thinners, and others increase the prevalence of allergic diseases thus increasing the demand of cyclosporine drugs.

Increasing inclination toward smoking leads to development of two types of rheumatoid arthritis. This, in turn, increases the demand for cyclosporine drugs. Exposure to granite, fine particles of crystalline silica, and other minerals increases the risk of developing autoimmune diseases. Laborers exposed to these minerals are particularly at a high risk. This factor augments the demand for cyclosporine drugs. However, certain adverse drug reactions caused by cyclosporine including renal dysfunction, tremors, hirsutism, hypertension, and gum hyperplasia restrain the market for cyclosporine drugs.

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The global cyclosporine drugs market can be segmented based on drug form, patient type, indication type, end-user, and region. In terms of drug form, the market can be categorized into capsules, oral solutions, and injections. Based on patient type, the market can be classified into pediatric patients, adult patients, and geriatric patients. In terms of indication type, the market can be divided into transplant rejection prophylaxis, rheumatoid arthritis, psoriasis, autoimmune myasthenia gravis, dry eye, and others. Based on end-user, the market can be segmented into hospital pharmacies, specialized clinics, retail pharmacies, and online pharmacies.

Geographically, the global cyclosporine drugs market can be categorized into Asia Pacific, Latin America, Europe, North America, and Middle East & Africa. North America holds a major market share owing to increasing geriatric population in the region. According to the National Institute of Environmental Health Sciences, each year more than 23.5 million people in the U.S. get affected by autoimmune diseases. Women are at a higher risk and the prevalence is high among Caucasians as well. These diseases are more common among African Americans and Hispanics. Latin America holds the second-largest share of the global cyclosporine drugs market. According to a study conducted by the National Institute of Environmental Health Sciences, mothers native to Brazil were exposed to an environmental contaminant, methyl mercury, by eating contaminated fish. Elevated levels of autoantibodies were found in the blood of these mothers as well as their fetuses. The market in Asia Pacific is anticipated to expand during the forecast period, owing to increasing prevalence of diabetes in the region.

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Key players operating in the global cyclosporine drugs market are Allergan, Novartis AG, Apotex Inc., AbbVie, Inc., and Teva Pharmaceutical Industries Ltd.

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