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Patient Engagement Solution Market Trends Estimates High Demand by 2026

Patient Engagement Solutions (PES) combines a patient’s knowledge, skills, ability, and willingness to manage own health with communications from health provider designed to promote positive behaviors. For instance, if patient is suffering from cardiovascular disease, patient engagement solution takes effort to remind patient about of why, when, how, and where they can get relevant care for CVD, which in turn allows patients to control disease and avoid adverse events.

These solutions allow active participation of patient in management of their health due to increased understanding and knowledge about his/her health, which in effect also helps the better healthcare delivery by physician resulting into reduced cost and timing of treatment. This also helps physician to maintain patient base due to continuous engagement with patient. Furthermore, it assists healthcare organizations to share important health information with patients, educate them about their health conditions, and track progress and outcomes outside the facility walls thereby facilitating chronic disease management, care transitions, and readmissions rate reductions. Moreover, PES provides important health alerts and self-management action plans to patients, their health providers, and family caregivers with the help of relevant personal health information

Patient Engagement Solution Market-Market Dynamics

Patient engagement solutions market is expected to witness upward growth during forecast period due to rising prevalence of chronic disease worldwide. Chronic disease such as cancer, cardiovascular disease, diabetes, asthma (chronic lung disease) results into significant deaths each year. According to World Health Organization data (WHO) in 2017, around 40 million people die annually due to chronic disease, which accounts for 70% of all deaths worldwide. Cardiovascular diseases are responsible for 17.7 million death annually, followed by cancers (8.8 million deaths), respiratory diseases (3.9million deaths), and diabetes (1.6 million deaths). Patient engagement solutions benefits the better clinical management of this disease by engaging patient about their health and in turn maintaining patient base for hospital or clinic.

Increasing old age population worldwide is expected to further fuel patient engagement solutions market growth. According to the population Prospect report by United Nations in 2017, an estimated 962 million people were of age 60 or above, which accounted for 13% of the global population. By 2030, number of old people in the world is projected to be 1.4 billion, growing at annual rate of 3%. Various complications associated with old age can be better managed with PES.

Patient Engagement Solution Market-Regional Insights

On the basis of geography, patient engagement solutions market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to lead the population health management system market due to various reasons. U.S. currently has one of highest per capita expenditure on healthcare accounting for US$ 9146, according to statistics given by World Economic Forum in 2016. This cost could be saved with the greater application of patient engagement solutions resulting in quality comprehensive care with reduced hospital admissions. This would also lower the burden on health care infrastructure with shortage of physicians and hospitals beds.

Furthermore, increasing number of patients with chronic disease is another driver for market growth. According to National Cancer Institute, around 1,735,350 new cases of cancer would be diagnosed in the U.S. in 2018, and cancer is expected to cause around 609,640 death in same year. Increased hospital readmission is cause of concern in the U.S. as there is penalty provision due to hospital readmissions if they occur within certain time frame under ACA, 2009.

Patient Engagement Solution Market-Competitive Landscape

Some of the key players operating in the population health management system include Allscripts, Inc., Cerner Corporation, Conifer Health Solutions, Healthagen, LLC, Orion Health, Athena Health, OptumHealth, Epic Corporation, Inc., Philips Wellcentive, eClinicalWorks, Change Healthcare, Verscend Technologies, Inc., IBM Watson Health, Caradigm and Care Evolution.

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Market Taxonomy  

On the basis of component, patient engagement solutions market segmented into

  • Software
  • Hardware
  • Services

On the basis of medium, patient engagement solutions market segmented into

  • Web/cloud Based Medium
  • Location Based Medium

On the basis of end user, patient engagement solutions market segmented into

  • Hospitals
  • Insurance Provider
  • Ambulatory Care provider
  • Others

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Posterior Microsurgical Instruments Market Progresses for Huge Profits by 2026

Medical procedures such as pedical subtraction osteotomy and vertebral column resection allows surgeons to use tools and techniques to correct sagittal irregularity. Technological advances in medical field including posterior microsurgical instruments are expected to enhance efficiency of medical surgeries. They can be used in order to determine a successful surgical procedure. Common tools used in posterior microsurgeries include retractors, elevators, rongeurs, nerve hooks and curettes.


Posterior Microsurgical Instruments Market – Driver

Organizing conferences and meetings by market players regarding posterior microsurgical are creating awareness amongst surgeons and patients, which is expected to drive growth of the market. For instance, Mercian Surgical Supply Co Ltd., company of U.K, is planning to exhibit a meeting for British Association of Spine Surgeons at Brighton, U.K., in April 2019, to discuss latest innovations in spinal surgeries.


Posterior Microsurgical Instruments Market – Regional Analysis

On the basis of region, the global posterior microsurgical instruments market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

North America region is expected to dominate the global posterior microsurgical instruments market due to adoption of inorganic growth strategies by key players such as agreements in the U.S. For instance, in April 2017, 7D Surgical System, entered into exclusive sales representative agreements with two premier American medical device distributors, Surgical One and DB Surgical, for Machine-Vision Image Guided Surgery (MvIGS) technology. This new MvIGS platform can achieve fast surgical workflow for spine procedures.

Asia Pacific region is expected to witness significant growth in posterior microsurgical instruments market due to rapidly growing healthcare sector and less cost of surgeries. For instance, according to data published by India Brand Equity Foundation (IBEF), in September 2018, the cost of surgery in India is about one-tenth of that in the US or Western Europe and healthcare has become one of India’s largest sectors both in terms of revenue and employment.

Competitive Analysis

Key players operating in posterior microsurgical instruments market include Volk Optical Inc., Ziemer Ophthalmic Systems, Novartis AG, Carl Zeiss Meditec AG, Lumenis, Abbott laboratories, Katalyst Surgical, LLC. Mercian Surgical Supply Co Ltd., and Rumex International Co.


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Posterior Microsurgical Instruments Market – Taxonomy


By Product Type

  • Ophthalmic Posterior Microsurgical Instruments
  • Cardiovascular Posterior Microsurgical Instruments
  • Surgical Posterior Microsurgical Instruments
  • Others

By End Users

  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers

Posterior Microsurgical Instruments Market – Restraint

The growth of global posterior microsurgical instruments market is depicted by the presence of various provincial and local vendors worldwide. This is creating huge competition for established players, as local vendors are providing such instruments at less cost, and thus hampering growth of the posterior microsurgical instruments market. Furthermore, according to a Sterilization and Infection Control Blog, October 2016, various surgical tools may remain inside the body post-surgery, causing harmful consequences among patients therefore, conducting further procedure become necessary, which in turn is expected to hamper growth of market.


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Collagen Meniscus Implant Market Estimated to Record Highest CAGR by 2026

Collagen meniscus implant (also referred to as collagen scaffold) is used to fill meniscal defects occurred due to partial meniscectomy. It is used for the treatment of a failed meniscectomy or an irreparable meniscus tear that results in segmental loss of meniscal tissue. Collagen meniscus implant has the general shape of the human meniscus and is trimmed by the surgeon to match the size of the patient’s meniscal defect. It is inserted by utilizing a minimally invasive procedure and sutured in place to the native meniscus.

The global Collagen Meniscus Implant Market size was valued at US$ 358.8 million in 2017 and is expected to witness a CAGR of 5.4over the forecast period (2018 – 2026).


Market Dynamics

Increasing trend of sports activities and outdoor events among the young and old generation has increased the risk of knee injuries, with a higher prevalence among sports players. This in turn, is expected to fuel the collagen meniscus implant market revenue over the forecast period. Acute meniscal tears usually occur due to a traumatic, twisting motion of the knee, frequently during sports activities. Sports-related meniscal tears are often associated with anterior cruciate ligament (ACL) rupture. According to the National Institute of Health statistics, there were around 6,664,324 knee injuries reported in the U.S. from 1999 to 2008 and the number is expected to grow significantly by 2020.


Increasing incidences of sports related injuries worldwide is expected to drive the collagen meniscus implant market revenue

Increasing number of sports injuries and rising geriatric population are major factors that are expected to drive growth of the collagen meniscus implant market over the forecast period. Increasing cases of bone fractures, trauma due to fall, and others require medical intervention, thereby, augmenting the need for sports medicine products. According to the National Institute of Health 2012 data, knee is the most commonly injured joint by young athletes with around 2.5 million sports-related injuries reported to emergency departments, annually in the U.S.

The number of meniscal lesions has increased significantly over the past few years due to greater participation in sports. Moreover, cartilage-like menisci can be found in osteoarthritis related to mechanical damage and aging. Individuals with a meniscal injury that is unrepairable may be at a higher risk of developing knee arthritis.

Key Comapanies

Key players operating in the global collagen meniscus implant market include Active Implants, Orthonika, RTI Surgical, Stryker Corporation, and Zimmer Biomet.


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Collagen Meniscus Implant Market: Regional Insights

On the basis of region, the global collagen meniscus implant market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America collagen meniscus implant market is expected to generate significant revenue share over the forecast period, owing to increasing number of meniscus surgeries being performed in the region. According to the National Center for Health Statistics 2017 report, meniscus surgery is the most frequent surgical procedure performed by orthopedic surgeons in the U.S., with over 50% of the procedures performed in patients 45 years of age or older.

Asia Pacific collagen meniscus implant market is expected to grow at highest CAGR, owing to rising number of sports-related knee injuries in the region. According to the Australian Institute of Health and Welfare’s (AIHW) report on Australian sport injury hospitalizations, 36,000 people in Australia aged 15 years and above were hospitalized in 2011-2012 due to sports-related injuries.


Detailed Segmentation:

  • Global Collagen Meniscus Implant Market, By Age Group:
    • Pediatric
    • Adult
  • Global Collagen Meniscus Implant Market, By End Use:
    • Hospital
    • Clinics
    • Ambulatory Surgical Centers

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Bone Sonometer Market is Anticipated to Show Growth by 2026

The global Bone Sonometer Market sizewas valued at US$ 864.3 million in 2017, and is expected to witness a CAGR of 5.32% over the forecast period (2018 – 2026).

Bone Sonometer is a noninvasive method of estimating bone mineral status at peripheral skeleton. In addition to bone density, this method also provides qualitative data such as structural information, which is important in detecting fracture risk. Major advantage of this technique and devices used under it are, it is safe as no radiation is used, easy to use even at home care settings, and cost-effective as compared to other techniques used to determine bone density. These devices are portable and take only a fraction of minutes to measure bone density. Bone sonometers are especially used to assess the bone mineral status in children, neonates, and pediatric patients, who cannot be exposed to radiation and who are likely to develop osteoporosis in the near future, due to nutritional deficit.


Market Dynamics

Increasing cases of osteoporosis fracture and high cost associated with treatment would lead to more preference for adopting preventive care measures in all age groups. According to Osteoporosis Canada, osteoporosis causes 70–90% of the 30,000 hip fractures annually. Moreover, in 2012, treatment of osteoporosis was valued at around US$ 3.9 billion in Canada. In addition, growing aged population would create greater need for skeletal diagnosis system to determine bone density and overall bone health, which would create more demand for bone sonometer market.


Increasing incidence of osteoporosis worldwide, is expected to promote growth of the bone sonometer market

Increasing incidence of fracture due to osteoporosis would be major reason for growth of the bone sonometer market. According to International Osteoporosis Foundation statistics in 2017, over 8.9 million fractures are caused due to osteoporosis, annually. Furthermore, according to same source, around 200 million postmenopausal women suffer from osteoporosis, globally. According to Centers for Disease Control and Prevention (CDC), in 2016, around 25% women aged 65 and above were suffering from osteoporosis of the femur neck or lumbar spine, and needed treatment. Such instances will in turn fuel growth of the bone sonometer market.


Product innovation and increasing geriatric population worldwide, is expected to be factors of growth for the bone sonometer market

There is logical corollary between innovation in bone sonometer products and growth of the bone sonometer market, especially in developed regions such as North America and Europe that already has one of the highest per capita expenditure and strong healthcare infrastructure.

Most of the key manufacturers of bone sonometer are focusing on providing portable models, which can be easily connected with computers and digital platforms, take less amount of examination time, and easy to carry anywhere. Pegasus Smart is one such bone sonometer by DMS imaging, which takes only about one second to examine bone density at peripheral bones. It can store up to 300 examination images and these images can be transferred to laptop or computer on permanent workstation such as electronic health record or population health management, for easy access. Some devices offer age group specific configuration (neonatal, pediatric, and adults) and multisite density scanning as against traditional bone sonometer that is mostly used at calcaneus and phalanges.


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Key players operating in the global bone sonometer market include Hologic, Inc., GE Healthcare, Echolight, DMS Imaging, Osteocys Co. Ltd., BeamMed Ltd., Medilink, and Furuno Electric Co., Ltd.


Detailed Segmentation:

  • Global Bone Sonometer Market, By Design:
    • Portable Bone Sonometer
    • Stand Alone Sonometer
  • Global Bone Sonometer Market, By End User:
    • Hospitals
    • Ambulatory Surgical Centers
    • Clinics
    • Others 

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Medical Automation Market Estimated to Record Highest CAGR by 2026

Medical automation is a technology used to minimize medical errors, promote better management of chronic illness, and to enable healthcare professionals to anticipate prognosis. It controls the diagnostic, monitoring, and therapeutic machineries that serves the major responsive tasks into the hospitals. It also increases the predictability of outcome when patients follow a standardized care path supported by automation.

Moreover, automation can help to detect when a patient has deviated from recommended care plan so the care team can intervene. The technology implementation enhances efficiency of hospitals by reducing the process time and improving accuracy of a medical procedures. Medical automation in hospitals such as using robotic assisted systems for health check-ups, is also propelling the growth of the market and in turn improving patient safety. Hospitals are adopting the medical robotics to reduce the HAIs rates in healthcare facility and to provide cleaner and safer environment to patients. In 2016, Xenex, a Texas-based company produced unique robot called Germ-Zapping Robot, that uses high intensity ultraviolet light to disinfect infections efficiently and quickly, in turn reducing the workload of staff and cost.


Medical Automation Market Drivers:

Implementation of automated devices has reduced the task time and labor efforts as machine perform tasks in better manner than the human and has higher consistency for care activities, such as patient’s routine immunoassay analysis, pre/post analytical workflow monitoring, which significantly reduces cost and complications.

Several hospitals are utilizing automated technologies for recording and organizing patient information, contributing to the market growth. For instance, according to the Intuitive Surgical, Inc., surgical procedures perform by using da Vinci systems (Intuitive surgical company’s products) in various hospitals globally, around 877 000 surgical procedures have been performed by this product in 2017, compared with 753 000 procedures in 2016, an increase of 16%. Moreover, the company expects total da Vinci procedures to grow around 11% to 15% in 2018. Thus, automated machines improve clinical outcomes that help patients return to active and productive life more quickly. However, high cost of the automation equipment and lack of skilled professionals majorly in emerging economies are the key restraining factors for market growth.

Robotically assisted surgeries are used to aid in surgical procedures to overcome the limitations of pre-existing minimal invasive surgical procedures to enhance capabilities of the surgeons, which include gynecological, cardiac, neurological, and orthopedic. Robotic assisted surgeries are carried out with precision, miniaturization, smaller incisions such as decreased blood loss, less pain, and quick healing time, which significantly reduces the hospital stay and blood transfusion. According to health research funding organization, the rate of robotic surgeries is increasing by 25% annually and in 2012, approximately 400,000 robotic surgeries were performed across U.S.

Market is also expected to witness significant growth as government investments are increasing, policies continue to improving, and collaboration among market players. For instance, in 2018, Orgenesis Inc. collaborated with the Atvio Biotech Ltd., an innovator of enhanced bioprocessing solutions for the development and distribution of advanced automated culturing system for manufacturing autologous cell therapies. Furthermore, major investments on healthcare research by various manufacturers is contributing to the market growth. For instance, in 2017, Siemens AG successfully installed India’s first fully automated Aptio automation track with multidiscipline modalities at the Aspira Pathlab and Diagnostic Ltd, Mumbai.


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Medical Automation Market – Competitor Analysis:

Key players operating in the medical automation market include koninklijke Philips N.V., Siemens AG, General Electric Company, Medtronic Plc, Accuray Incorporated, Kahle automation, Muratec, Ltd., Schneeberger, Hitachi, Tecan Group Ltd., Intuitive surgical, Inc., Stryker Corporation, and Danaher Corporation.


Medical Automation Market Taxonomy:


By Applications

  • Diagnostic and Monitoring Automation
    • Automated Imaging and Analysis
    • Point-of Care Testing
    • Others
  • Therapeutic Automation
  • Surgical Automation
  • Non-Surgical Automation
  • Lab and Pharmaceutical Automation
  • Medical Logistics and Training

 By End Users

  • Hospitals
  • Diagnostic Laboratories
  • Academic and Research Institutes
  • Ambulatory Care Centers
  • Others

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Vital Signs Monitoring Market Global Technology Insights and Trend Analysis report 2018

Global Vital Signs Monitoring Market is expected to grow significantly over the forecast period. It is anticipated that the market held a valuation of USD 4.4 billion in 2017 and is projected to grow at a CAGR of 7.5% over the forecast period. Vital signs monitoring devices are used for measuring or monitoring the vital signs i.e. blood pressure, temperature, heart rate and respiration rate of a person.

The increasing geriatric population, rising prevalence of chronic diseases, technological advancements and rising incidences of hypertension are expected to drive the market growth over the forecast period. According to a report published by the Center for Disease Control and Prevention in November 2016, 75 million people in the US suffer from high blood pressure (usually caused by hypertension). However, high cost of devices and strict government regulations can restrain the market growth over the assessment period.

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Segmentation:

The global vital signs monitoring market has been segmented into product, type, portability, end user and distribution channel.

The market, on the basis of product, has been segmented into blood pressure monitoring devices, pulse oximeters, temperature monitoring devices, respiratory rate monitors and others. Blood pressure monitoring devices are expected to hold the largest market share owing to the rising prevalence of high blood pressure and hypertension. Market for pulse oximeters is expected to grow at the fastest CAGR owing to rising prevalence of cardiopulmonary diseases and chronic obstructive pulmonary disease.

The global market, on the basis of type, has been segmented into non-integrated systems, integrated systems and others.

The global market, on the basis of portability, has been segmented into standalone and portable.

The global vital signs monitoring market, by end user, has been segmented into hospitals & clinics, ambulatory centers, home healthcare and others.

The global vital signs monitoring market, by distribution channel, has been segmented into hospital pharmacy, retail pharmacies, online websites and others.

Key Players:

Some of the prominent players in the global vital signs monitoring market are Medtronic, Koninklijke Philips N.V., GENERAL ELECTRIC COMPANY, Boston Scientific Corporation, Natus Medical Incorporated, Siemens Healthcare Private Limited, Spacelabs Healthcare, Masimo, Mindray DS USA, Inc., SunTech Medical, Inc., Welch Allyn, Omron Healthcare, Inc., Smiths Medical, Hicks Thermometers India Limited, CASMED and Others.

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Intended Audience

  • Healthcare Organizations
  • Research Laboratories
  • Medical Device Manufacturers
  • Medical Device Suppliers
  • Research and Development Organizations

Regional Analysis:

Geographically, the Americas is expected to dominate the global market owing to the rising prevalence of high blood pressure, increasing geriatric population and dynamically changing lifestyle. According to a report published by the Center for Disease Control and Prevention in November 2016, 1 of 3 adults in the US suffer from high blood pressure. Europe is expected to hold the second largest position in the global market owing to the rising demand for home healthcare vital signs monitoring devices and changing demographics. Asia-Pacific is expected to be the fastest growing market owing to the rising demand for vital signs monitoring devices and, in the hospitals, as well as for home healthcare. Moreover, the Middle East and Africa region is expected to account for the least market share in the global market. Middle East and Africa is expected to slowly grow owing to rising prevalence of chronic diseases and developing healthcare infrastructure.

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About Market Research Future: MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Stereotactic Surgery Devices Market

Stereotactic Surgery Devices Market Comprehensive Insights and Trend Report 2019

Global Stereotactic Surgery Devices Market held a market value of USD 16.59 billion in the year 2017 and is expected to grow at a CAGR of 5.2% during the forecast period. Stereotactic surgery is a minimally invasive form of surgical intervention that uses a 3D coordinate system to locate small targets inside the body and perform actions such as ablation and biopsy.

The rising preference for minimally invasive surgeries, increasing adoption of stereo static surgery devices, and growing prevalence of brain-related diseases such as Parkinson’s disease, brain tumor, and others is anticipated to drive the growth of the market over the assessment period.

Global Stereotactic Surgery Devices Market, by Key Players

  • Koninklijke Philips N.V.
  • Huiheng Medical, Inc.
  • Mitsubishi Heavy Industries, Ltd.
  • GE Healthcare
  • Varian Medical Systems
  • Hitachi Medical Systems
  • Accuray, Inc.
  • Ferring B. V.
  • Shinva Medical Instrument Co., Ltd
  • Elekta AB

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Segmentation:

The global stereotactic surgery devices market has been segmented into product type and application.

The global market, on the basis of product type, has been segmented into gamma knife, Linear accelerators (LINAC), proton beam therapy, and cyberknife. By product type, linear accelerators (LINAC) segment is expected to hold largest market share owing to the growing adoption rate and installations. Additionally, cyberknife is expected to be the fastest growing segment over the assessment period owing to its growing popularity in the developing economies.

On the basis of application, the market has been segmented into brain tumor, arteriovenous malformations, Parkinson’s disease, epilepsy, and others.

On the other hand, the high installation cost and low treatment charges delays the recovery of the invested amount which thus limits the adoption of the technology. This factor is expected to hamper the growth of the market over the forecast period.

Table of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

Chapter 3. Research Methodology

Chapter 4. Market Dynamics

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power Of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6. Global Stereotactic Surgery Devices Market, By Product Product Type

6.1 Introduction

6.2 Gamma Knife

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

6.3 Linear Accelerators (LINAC)

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

6.4 Proton Beam Therapy

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

6.5 Cyberknife

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

Chapter 7. Global Stereotactic Surgery Devices Market, By Application

7.1 Introduction

7.2 Brain Tumor

Market Estimates & Forecast, By Region, 2018–2023

Market Estimates & Forecast, By Country, 2018–2023

7.3 Arteriovenous Malformations

Market Estimates & Forecast, By Region, 2018–2023

… Continue

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Regional Analysis:

Geographically, the Americas is expected to dominate the global market owing to the rising prevalence of neurological diseases, presence of developed healthcare infrastructure, and high disposable income. Europe is anticipated to hold the second largest position in the global stereotactic surgery devices market. The market growth in this region is mainly due to the increasing occurrences of brain diseases and presence of developed healthcare sector. The Asia-Pacific region is expected to be fastest growing region owing to the growing prevalence of brain-related diseases and continuously growing healthcare sector. The Middle East & Africa has the least share of the market owing to the limited presence of developed healthcare infrastructure in the African region.

According to the National Tumor Society, an estimated 700,000 people in the US were living with a primary brain tumor in 2017 and about 78,980 people are expected to be diagnosed for primary brain tumor in 2018. Moreover, according to reports published by Elekta AB company, an estimated 70,000 patients undergo gamma knife surgery each year.

About Market Research Future: MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Sinus Dilation Devices Market

Sinus Dilation Devices Market Analysis 2018 Report by Dynamics, Scope, Competitors

Global Sinus Dilation Devices Market are used to treat sinus problem and expand the sinus openings of nose to treat nasal problems. According to the American College of Physicians March 2016, data it is reported that every year 4.3 million people are diagnosed with sinusitis. Such a high number of sinus patients may influence the market growth globally.

Sinus Dilation Devices Market Research Report by Product (Sinus Stents, Balloon Dilation, Endoscope), Procedure (Hybrid Sinus Dilation), Patient Type (Pediatric, Adults), End-User (Hospitals, ENT Clinics, and Others)-Global Forecast till 2023

Global Sinus Dilation Devices Market was estimated USD 3,326 million in 2016 and expected to reach USD 5,778 million by 2023 at a CAGR of 8.1% from 2018 to 2023.

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Sinus is also called as chronic rhinosinusitis, it is a condition in which cavities around nasal known as (sinuses) get inflamed and swollen for weeks. The people suffering from sinus may have symptoms such as nasal block, tenderness, swelling of the face, sore throat, nausea, fatigue or irritability, and pain in jaw and teeth.

Key Players

Some of the key players in the global sinus dilation devices market are Sklar Surgical Instruments (US), Accurate Surgical & Scientific Instruments (USA), Bausch & Lomb Incorporated (US), Entellus Medical Inc. (a subsidiary of Stryker) (US), Acclarent Inc. (a subsidiary of Johnson & Johnson) (US), Medtronic plc (Ireland), Smith & Nephew plc (UK), Intersect ENT Inc. (US), Olympus Corporation (Japan), Meril Life, Sciences Pvt. Ltd. (India), SinuSys Corporation (US), Jilin Coronado Medical Ltd. (China), and others.

Global Sinus Dilation Devices Market is segmented on the basis of product, procedure, by patient type and end-user.

The sinus dilation devices market, by product, is segmented into sinus stents, balloon dilation, endoscope, functional endoscopic sinus surgery (FESS) instruments set, and handheld instruments. The endoscope is sub-segmented into rhinoscopy and sinoscopy.

By procedure, the market is segmented into hybrid sinus dilation procedure, standalone sinus dilation procedures, and others.

On the basis of patient type, the market is segmented into pediatric and adults.

On the basis of end-user, the market is segmented into hospitals, ENT clinics, diagnostic centers, research centers, and others.

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Global Market Regional Insights

Americas leads in the market owing to the increasing prevalence of rising incidence of bacterial infection, increasing research & development in sinus dilation devices and growing healthcare expenditure.

Europe is the second largest sinus dilation devices market during the forecast period. The increase in the prevalence of chronic sinus and increasing expenditure for sinus treatment may support the market growth.

Asia-Pacific was estimated to be the fastest growing region for the global sinus dilation devices market in 2017.

Middle East and Africa holds the lowest share for sinus dilation devices market.

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