Sleep Apnea Devices - Emerging Industry Trends | Future Forecasts | Challenges and Opportunities

The study involved four major activities in estimating the current market size for sleep apnea devices. Exhaustive secondary research was done to collect information on the market and its different sub-segments. 

The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter market breakdown and data triangulation was used to estimate the market size of segments and sub-segments

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Recent Developments:

# In 2019, ResMed (US) launched AirFit N30i, its first top-of-head-connected nasal CPAP mask, across the US with a newly designed nasal cradle cushion that sits just under the wearer’s nose.

# In 2016, Koninklijke Philips (Netherlands) launched its Dream Family solution which comprises of a DreamWear mask, DreamStation PAP device, and DreamMapper patient engagement app.

Key questions addressed by the report:

# Which type segment will dominate the market in the future?

# Emerging countries have immense opportunities for the growth and adoption of sleep apnea devices, therefore will this scenario continue in the next five years?

# Where will all the advancements in technology offered by various companies take the industry in the mid to long term?

# What are the upcoming alternative therapies and devices related to the same in the sleep apnea devices market?

Factors Influencing the Global Industry Growth:

Growth in the sleep apnea devices market can be attributed to factors such the large pool of undiagnosed sleep apnea patients, growing awareness about the ill effects of untreated sleep apnea, growing usage of oral appliances, technological advancements in sleep apnea devices, considerable venture capital funding, and the increasing number of companies venturing into sleep apnea and oral appliances markets.

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Restraints:

# High Cost of CPAP Machines

# Complex Referral Pathways and Long Waiting Periods

Opportunities:

# Growing Demand for Home Healthcare

# Increasing Focus on Telemedicine and Mhealth (Mobile Health)

Challenges:

# Lack of Patient Compliance

Major Industry Leaders:

# ResMed (US)

# Koninklijke Philips (Netherlands)

# Fisher & Paykel Healthcare (New Zealand)

# SomnoMed (US)

# Oventus Medical (Australia)

# Compumedics (Australia) and many more...

Analysis of the market developments between 2016 and 2019 revealed that several growth strategies such as partnerships & agreements, expansions, service launches, and strategic acquisitions were adopted by the market players to strengthen their product portfolios and maintain a competitive position in the sleep apnea devices market.

Medical Equipment Cooling Industry is Going Through the Major Technological Upgradations

This study involved four major activities in estimating the current size of the Medical Equipment Cooling Market. Exhaustive secondary research was done to collect information on the market and its different sub-segments. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the size of the segments and sub-segments.

Major Objectives behind this Study:

# To define, describe, and forecast the global medical equipment cooling market on the basis of type, compressor, configuration, application, end user, and region

# To provide detailed information regarding major factors influencing the growth of the market (such as drivers, opportunities, and industry-specific challenges)

# To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and contributions to the total market

# To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders

# To forecast the revenue of the market segments with respect to four main regions, namely, North America (the US and Canada), Europe (Germany, France, the UK, and RoE), Asia Pacific (China, Japan, India, and RoAPAC), and the Rest of the World

# To strategically profile the key players and comprehensively analyze their market shares and core competencies

# To track and analyze competitive developments such as new product launches; agreements, partnerships, and joint ventures; mergers & acquisitions; and research & development activities in the medical equipment cooling market

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Recent Developments in the Global Industry:

# In 2018, Laird Technologies (US) enhanced its Tunnel Series TEA which offers an expanded line of cooling capacities ranging up to 100 watts.

# In 2016, KKT Chillers (Germany) established a new service center in Shanghai, China, to meet the increasing demand for chillers in the region.

Key Questions Addressed by the Report:

# What are the growth opportunities related to the adoption of medical equipment cooling across major regions in the future?

# Emerging countries have immense opportunities for the growth and adoption of medical equipment cooling modalities. Will this scenario continue in the next five years?

# Where will all the advancements in products offered by various companies take the industry in the mid- to long-term?

Factors Influencing Global Growth:-

Economic benefits offered by medical equipment cooling, technological advancements in diagnostic imaging modalities are the major factors driving the growth of this market. Additionally, the growing global prevalence of cancer, increasing geriatric population, and growing number of diagnostic centers and hospitals are some of the other major factors driving the growth of this market.

Opportunities:

# Emerging Markets

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Challenge:

# Risk of Corrosion in Cooling Systems

Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The global medical equipment cooling market is projected to reach USD 233 million by 2024 from USD 193 million in 2019, at a CAGR of 3.8%.

Geographical Growth Scenario:

The medical equipment cooling market is segmented into four regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific region is expected to register highest growth during the forecast period. The increasing awareness of optimal thermal management of medical equipment, increase in healthcare expenditure, and rising geriatric population are some of the major factors driving the growth of the medical equipment cooling market in Asia Pacific.

Leading Market Players:

# Glen Dimplex Group (Ireland)

# Legacy Chiller Systems Inc. (US)

# Filtrine Manufacturing Company, Inc. (US)

# Laird Technologies, Inc. (US)

# Cold Shot Chillers (US)

# KKT Chillers (Germany) and many more…

An analysis of the market developments between 2016 and 2018 revealed that several growth strategies such as product enhancements and expansions were adopted by market players to strengthen their product portfolios and maintain a competitive position in the medical equipment cooling market.

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Bioprocess Validation - Major Growth Opportunities Offered by the Emerging Economies

This study involved the extensive use of primary and secondary sources and involved an in-depth analysis of the various factors affecting the growth of the global Bioprocess Validation Market. Both primary and secondary research was used to identify the segmentation types, trends, key players, key market dynamics, and key player strategies as well as derive the competitive leadership mapping and competitive landscape in this market.

Recent Developments in the Global Industry:

# In August 2018, Merck KGaA launched the BioReliance Product Characterization Portfolio to enhance its service portfolio in the bioprocess validation market.

# In March 2017, Toxikon and SG Lab (Italy) entered into a partnership, to extend its analytical and extractable & leachable testing service portfolio to determine the drug integrity in the entire life cycle.

# In January 2019, SGS acquired LeanSis Expertos en Productividad S.L. (Spain). This acquisition provided SGS operational and manufacturing training and capacity building services to over 200 clients across Spain.

# In February 2018, Pall Corporation expanded its Hoegaarden office in Belgium with new R&D center, customer demonstration labs, and manufacturing space. This will help the company to establish its position in the Belgium market.

Critical questions answered in this Report:

# Where will all these developments take the industry in the medium-to-long-term?

# What are the major trends in bioprocess validation?

# Who are the major end-users of bioprocess validation?

# Which test types are used mainly for bioprocess validation?

# Which process component has a higher adoption rate of bioprocess validation?

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Factors Influencing Global Growth:-

Stringent safety and quality regulations governing product certification and testing across the biopharmaceutical and pharmaceutical industries, high demand for the outsourcing of bioprocess validation services, and regulatory mandates in the healthcare industry to maintain compliance with Good Manufacturing Practices (GMP) are the major factors driving the growth of this market.

Restraint:

# Issues Related to Extractables & Leachables

Opportunities:

# Growth Opportunities in Asia Pacific and Latin American Countries

# Patent Expiry

Challenge:

# Waste Disposal

# Development of New Validation Methods for Next Generation Bioproducts

Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The global Bioprocess Validation Market exceeded USD 180 million in 2019 and is projected to be valued over USD 360 million by 2024, at a CAGR of 14.6% during the forecast period.

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Geographical Growth Scenario:

North America is expected to account for the largest share of the bioprocess validation market in 2019, closely followed by Europe. Factors such as the presence of well-established biopharmaceutical industry in the region, high R&D expenditure, presence of leading bioprocess validation service providers, and stringent regulatory requirements for biopharmaceutical production are driving the growth of the bioprocess validation market in North America.

Leading Market Players:

# Merck KGaA (Germany)

# Sartorius Stedim Biotech (Sartorius AG) (France)

# Pall Corporation (US)

# SGS S.A. (Switzerland)

# Eurofins Scientific (Luxembourg)

# Cobetter Filtration Equipment Co., Ltd. (China) and many more…

These companies are focusing on increasing their presence in high-growth markets through organic and inorganic growth strategies such as capacity expansions, service launches, agreements, partnerships, collaborations & acquisitions.

Neurovascular Devices Industry - Global Trends & Emerging Technological Innovations

Following are the Major Objectives of this Study:

# To define, describe, and forecast the global Neurovascular Devices Market on the basis of product, disease pathology, and region

# To provide detailed information regarding major factors influencing growth of the market (drivers, restraints, and opportunities)

# To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market

# To analyze the opportunities in the market for key stakeholders and provide details of the competitive landscape for leading market players

# To forecast the size of the market segments with respect to four main regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW)

# To strategically profile the key market players and comprehensively analyze their market shares and core competencies2

# To track and analyze competitive developments such as acquisitions, expansions, new product launches, agreements, and collaborations in the neurovascular devices/interventional neurology devices market

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Factors Influencing Global Growth:-

Major factors driving the growth of this market include growing target patient population, ongoing product development & commercialization, favorable medical reimbursements, expansion of healthcare infrastructure across emerging markets, and growing market demand for effective neurovascular devices.

Moreover, increasing number of researches in the field of neurovascular therapies, rising demand for minimally invasive neurosurgical procedures, and increasing awareness among neurosurgeons about minimally invasive surgical procedures provide significant growth opportunities in the market.

Restraint:

# Stringent Regulations

# Dearth of Skilled Neurosurgeons

Opportunity:

# Increasing Research Activities in the Field of Neurovascular Therapies

# Rising Demand for Minimally Invasive Neurosurgical Procedures

Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The neurovascular devices market is expected to reach USD 2.62 billion by 2021 from USD 1.74 billion in 2016, at a CAGR of 8.6% from 2016 to 2021.

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Target Audience:

# Original Equipment Manufacturers (OEMs)

# Product Sales and Distribution Companies

# Healthcare Service Providers (Hospitals and Surgical Centers)

# Non-government Organizations

# Government Regulatory Authorities

# Research Laboratories and Academic Institutes

# Clinical Research Organizations (CROs)

# Research and Development Companies

# Market Research and Consulting Firms

Geographical Growth Scenario:

On the basis of geography, this market is classified into four regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is the fastest-growing geographic segment in the neurovascular devices/interventional neurology market.

The large market growth of this geographic segment can be attributed to the presence of a large patient population base for target diseases, rising awareness among neurosurgeons related to the benefits offered by interventional neurology devices, and ongoing government initiatives to modernize & expand healthcare infrastructure.

Leading Market Players:

# Stryker Corporation (U.S.)

# Medtronic plc (U.S.)

# Johnson & Johnson (U.S.)

# Terumo Corporation (Japan)

# Penumbra, Inc. (U.S.)

# Abbott Laboratories (U.S.) and many more…

Pharmaceutical Excipients Market - Emerging Industry Trends & Global Future Forecasts

The study involved 4 major activities in estimating the current market size for Global Pharmaceutical Excipients Market. Exhaustive secondary research was done to collect information on the market as well as its peer and parent markets. 

The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.

Objectives of the Study

# To define, describe, segment, and forecast the global pharmaceutical excipients market on the basis of product, functionality, formulation, and region

# To provide detailed information regarding the major factors influencing the growth of the market (such as drivers, restraints, opportunities, and industry-specific challenges)

# To analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the overall pharmaceutical excipients market

# To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market players

# To forecast the size of the pharmaceutical excipients market, in five main regions (along with major countries)—North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa

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# To profile key players in the global pharmaceutical excipients market and comprehensively analyze their core competencies and market shares

# To track and analyze competitive developments such as mergers and acquisitions; new product/technology launches; expansions; collaborations and agreements; and R&D activities of the leading players in the global pharmaceutical excipients market

The pharmaceutical excipients market is projected to reach USD 9.7 billion by 2025 from USD 6.9 billion in 2019, at a CAGR of 5.8%. 

Factors such as the growing pharmaceuticals industry coupled with advancements in functional excipients, rising adoption of orphan drugs, and increasing uptake of biopharmaceuticals, are driving the market for pharmaceutical excipients. The emergence of multifunctional excipients, shifting the focus of pharmaceutical manufacturing to emerging markets, and the growing Biosimilars industry also present significant growth opportunities for market players in the pharmaceutical excipients market.

The Asia Pacific is expected to be the fastest growing the market in 2019

In 2018, the Asia Pacific region was seen as the fastest growing region in the pharmaceutical excipients market. The ease of doing business in the Asia Pacific region in terms of reduced regulatory stringency, reduced raw material & labor costs, and a higher target market make this region the fastest growing market in 2019.

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The key players in the global pharmaceutical excipients market are Ashland (US), BASF (Germany), DuPont (US), Roquette (France), Evonik Industries (Germany), Associated British Foods (UK), Archer Daniels Midland Company (US), Lubrizol (US), and Croda International (UK).

Human Microbiome Industry is Expecting Huge Technological Makeover in Coming Years

The study involved two major activities in estimating the current market size of the Human Microbiome Market. Exhaustive research was conducted to collect information on the market as well as its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.

Recent Developments:

# In 2019, Seres collaborated with AstraZeneca to get a better understanding of the microbiome in augmenting the efficacy of cancer immunotherapy, including potential synergy with AstraZeneca compounds.

# In 2018, Enterome entered into a co-development and co-promotion agreement with Takeda for its investigational drug candidate EB8018. This drug is used in patients with Crohn's disease and has the potential to expand its use to other gastrointestinal (GI) disorders and liver diseases.

In 2016, 4D Pharma acquired the production assets of Instituto Biomar to expand its clinical and production capabilities of live biotherapeutics.

Key questions addressed by the report:

Who are the major market players in the human microbiome market?

What are the regional growth trends and the largest revenue-generating regions for the market?

What are the major drivers and challenges in the market?

What are the major product segments in the market?

What are the major technologies used in the human microbiome research spending market?

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Factors Influencing Global Growth:-

Market growth is largely driven by the increasing focus on the development of human microbiome therapy. It has also become a validated target for drug development. The growing number of collaborations between market players is expected to offer a wide range of growth opportunities for market players during the forecast period.

Restraint:

# Lack of Expertise and Detailed Research

# Barriers in Proving the Causal Link Between Dysbiosis and Disease

Opportunity:

# Investigational New Drug Requirements for Fecal Microbiota

# Increasing Collaborations

Market Challenge:

# Government Regulations

Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The human microbiome market is expected to grow from USD 942 million in 2024 to USD 1,731 million by 2027, at a CAGR of 22.5% during 2024–2027.

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Geographical Growth Scenario:

Europe to account for the largest share of the human microbiome market in 2022

On the basis of region, the global human microbiome market is segmented into four major geographies— North America, Europe, the Asia Pacific, and the Rest of the World (RoW). Europe is expected to account for the largest share of the global human microbiome market in 2022. The large share of this regional segment is mainly due to the high research activity in this region.

Leading Market Players:

# Enterome Bioscience (France)

# E.I. du Pont de Nemours and Company (DuPont) (US)

# 4D Pharma (UK)

# Seres Therapeutics (US) and many more…

Tracheostomy Products - Emerging Industry Trends | Global Future Forecasts | Major Leaders

The study involved four major activities in estimating the current size of the tracheostomy products market. Exhaustive secondary research was carried out to collect information on the market and its different sub-segments. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation procedures were used to estimate the size of segments and sub-segments.

Recent Developments:

# In February 2019, Medtronic Plc entered into a partnership with Medical University of South Carolina (US) for the development of better and affordable healthcare solutions (including tracheostomy procedure for breathing assistance) for patients

# In October 2017, Medtronic Plc established the Chengdu Innovation Center at Singapore for cross-disciplinary clinical training and R&D.

Key Questions Addressed by the Report:

# Emerging countries are offering immense opportunities for the growth and adoption of market. Will this scenario continue in the coming years?

# Where will all the advancements in products offered by various companies take the industry in the mid-to-long term?

# What are the various research institutes where tracheostomy products find a high adoption rate?

# What are the new trends and advancements in the market?

# How is the shift in dynamics shaping the future of the market?

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Factors Influencing Global Growth:-

The major factors driving the growth of the tracheostomy products market are the availability of clinical evidence for their safety & efficacy and increasing adoption of tracheostomy procedures among medical professionals owing to procedural benefits offered by tracheostomy products. Moreover, the rising demand for home care services is expected to play a significant role in fueling market growth.

Restraints:

# High Cost of Tracheostomy Procedures

# Increasing Pricing Pressure on Market Players

Opportunities:

# Emerging Markets

Challenges:

# Dearth of Skilled Surgeons

Monetary Growth Expectations, Globally:

The tracheostomy products market size is projected to reach USD 220 million by 2024 from USD 179 million in 2019, at a CAGR of 4.2%.

Geographical Growth Scenario:

The market is segmented into five major regions, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest share of the market in 2018.

Factors such as the presence of a highly developed healthcare system, an increasing number of emergency department visits, high adoption of innovative tracheostomy devices among medical professionals, and wide availability of advanced tracheostomy devices are driving the market for tracheostomy products in North America.

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Leading Market Players:

# Medtronic plc (Ireland)

# Smiths Group plc (UK)

# TRACOE Medical GmbH (Germany)

# Teleflex Incorporated (US)

# Fisher & Paykel Healthcare Ltd. (New Zealand) and many more…

The analysis of market developments between 2015 and 2019 revealed that several growth strategies such as collaborations and market expansions were adopted by players to strengthen their product portfolio and maintain a competitive position in the tracheostomy products market.