Category: Healthcare

Healthcare

mHealth Market – Know the Revenue and Profit-Sources of the Industry

The primary driver fueling mHealth market expansion is the growing emphasis on leveraging wearables and smart devices to improve personal fitness and health. Additionally, it is projected that expanding mHealth platform and increasing use of technology by doctors and patients as well as rising internet and smartphone usage would drive market expansion. The demand for mobile health applications is also rising as a result of rising use of digital health services for the purpose of remote patient monitoring, which is anticipated to drive revenue-generation opportunities in mHealth industry.

Additionally, increasing consumer awareness about the benefits of using mobile health solutions and encouraging government implementation and promotion of remote digital healthcare are anticipated to accelerate market expansion in the years to come. In the future years, it is also projected that the growing usage of smartphones amongst teenagers and adults would is likely to trigger development of mHealth platforms and technologies.

Additionally, it is projected that the market for mHealth is likely to be driven by the tendency toward patient-centric and preventative measures from traditional healthcare methods. The global mHealth market is also expected to rise more quickly owing to the increasing demand for mobile medical platforms and favorable opinions about real-time patient care amongst healthcare professionals.

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Rising Adoption of Healthcare Applications and Smartphones to Drive Demand in the Market

The market for mobile health solutions is expected to be dominated by the mHealth apps category. The high as well as increasing adoption of smartphones and healthcare applications, and also global increase in chronic and lifestyle-related disorders, are responsible for a significant portion of this segment.  Additionally, mHealth applications are being used more widely due to the growing emphasis on self-health management and preventative strategies among patients worldwide. These factors are likely to drive future market demand for mhealth.

These patient records are gathered through mobile health devices, wearables, and various wireless electronic equipment. Additionally, mHealth application is used to digitally store the patient data that has been gathered in the cloud. Healthcare practitioners can use this saved data to analyze parameters that are connected to their patients’ health, which is likely to drive growing demand for mHealth. For instance, the mHealth Blood Pressure Monitor gathers information on changes in patient BP. Healthcare practitioners evaluate these data right away to assess the disease’s severity. Additionally, there are many different kinds of medical products and services on the market. For instance, a sleep and apnea monitor, heart monitor, neurological monitor, blood pressure monitor, and others.

The market for connected medical devices was led by vital sign monitoring devices. The segment of connected medical devices is likely to continue to be dominated mostly by vital sign monitoring devices. These trends—a rise in the incidence of chronic diseases, a rise in the number of people who monitor their vital signs at home, and a rising emphasis on lowering the treatment cost of diseases linked to a certain lifestyle—are all contributing toward growth of the segment.

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North America Market to Thrive on High Prevalence of Chronic Diseases and Rising Healthcare Costs

The global mHealth market is led by North America, which holds a significant portion of the industry. The region is expanding due to presence of sophisticated network infrastructure, expanding population of elderly people, rising healthcare costs, and increasing prevalence of chronic diseases. Use of mHealth services in the region is also rising due to encouraging government initiatives as well as expanding usage of mobile healthcare applications. The need for real-time monitoring is also being driven by the region’s growing burden of cardiovascular diseases. Major health difficulties can be avoided and the fatality rate from sudden cardiac death can be decreased by the presence of mHealth applications that can deliver real-time information about cardiovascular health.

Additionally, the Asia Pacific region is predicted to expand profitably during the forecast period as more people in the region use smartphones.

Sterilization Services Market – TMR Detailed Analysis Report

The market study on sterilization services industry offers insights into the performance of the industry and industry participants in recent years. The sterilization services market outlook predicts that the industry will witness substantial growth within the next few years, owing to the increasing number of the hospital acquired infection cases across the world. Furthermore, the concerns pertaining to the insufficient sterilization in various industrial sectors, such as food and beverages, pharmaceuticals, and healthcare, are also positively augmenting the demand trajectory of the sterilization services market. Constant advancements in medical technologies as well as the increasing demand from the pharmaceutical sector are also some of the most prominent and leading trends, positively affecting the development of the sterilization services market.

Some of the key ongoing trends of the sterilization services market are the emergence of COVID-19 pandemic that triggered an all time high demand in the industry as well as the increasing demand for advanced and technologically enhanced products, solutions, and equipment from the end users in healthcare domain. The rising demand for effective sterilization of protective clothing, surfaces, and personal protective equipment or PPE over the period of pandemic also triggered a high demand in the sterilization services market. Furthermore, the increasing demands from medical as well as industrial sectors is also boosting the growth within the sterilization services market.

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Medical Device Companies Account for Significant Portion of Demands in Sterilization Services Market

Some of the most prominent end users for the products and solutions offered by the manufacturers and participants in the sterilization services market include hospitals and clinics, pharmaceuticals, medical device companies, and food and beverage, among others. Furthermore, the rising demand for irradiation services in the food and beverages industries for application in categories like nuts, vegetables, and fruits is also expected to foster the development trajectory of the sterilization services market in coming years. According to the sterilization services market revenue analysis, the highest sterilization services market share was held by the medical device companies, followed closely by the hospitals and clinics segment.

The service providers and participants working in the sterilization services market offer two unique types of services to their clients, namely, sterilization validation services as well as contract sterilization services. The rising prevalence of hospital-acquired infections has triggered a high demand for the contract sterilization services in the sterilization services market. This segment is most likely to report the highest growth within the sterilization services market in the near future.

The solutions and services in the sterilization services market can be deployed through two major modes of delivery, I.e., onsite sterilization services as well as offsite sterilization services. The increasing demand for offsite sterilization services can be attributed to the rising rate of hospitalization, advancements in the global healthcare infrastructures, and the increasing need for better patient outcomes through enhancing the healthcare services quality.

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North America to Lead the Sterilization Services Market

Regionally, the sterilization services market can be divided into regions such as Europe, Middle East and Africa, North America, Asia Pacific, and Latin America. The largest sterilization services market share can be attributed to the North America region. A few of the most prominent drivers, influencing the landscape of the North America sterilization services market include the increasing number of healthcare providers in the region that opt for advanced sterilization services as well as the increase in the number of hospital supply related contract sterilization facilities in the region.

A few of the topmost and leading manufacturers and players functional in the landscape of the sterilization services market include Medistri S. A., Sterigenics U. S., Cosmed Group, Microtrol Sterilization Services Pvt. Ltd., Anderson Caledonia, Cantel Medical Corp., WuXi AppTec, Viant, E-Beam Services, Inc., BGS Beta Gamma Service GmbH & Co. KG., Sotera Health Company, Noxilizer, Midwest Sterilization Corporation, Steri-Tek Sterilization Services, Steris PLC, and Avantti Medi Clear, among others.

Blood Pressure Cuffs Market – Latest Trends with Future Insights

One of the main causes of early mortality globally is hypertension, a condition with a wide perspective. Due to a lack of knowledge about these symptoms and their long-term implications, dearth of healthcare resources in the Asia Pacific and Africa, the incidence of diabetes is higher in low- to middle-income groups in these regions.  The WHO also said that more than 40% of the total population suffers from high blood pressure, which has led to an unprecedented rise in the need for reliable blood pressure monitoring equipment.

The rise of the global blood pressure cuffs market  is being attributed to rising occurrences of hypertension as a result of evolving lifestyles. Additionally, there is a very high demand for disposable blood pressure cuffs due to the increasing older populace and the higher likelihood of lifestyle-related illnesses amongst a large population due to sedentary lifestyle and obesity trends.

The rising occurrence of cross-contamination issues in medical facilities is also likely to trigger expansion of the global blood pressure cuffs market. According to the Healthcare-Associated Infections Fact Sheet published by the WHO, HAIs impact millions of individuals each and every year.

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Rising Demand for Dependable and Patient Satisfaction to Drive Innovation in the Global Market

The production and provision of blood pressure cuffs is a business activity for companies in the blood pressure monitor market. For patients with skin infections, for instance, Welch Allyn offers single-patient usage blood pressure cuffs, reversible blood pressure cuffs, as well as reusable blood pressure cuffs. In addition, GE Healthcare, a producer and seller of diagnostic imaging equipment, comes with a variety of blood pressure cuff size for patients of different sizes and ages, even those who are obese. The global blood pressure cuffs market is expanding due to the rising demand for these devices. Nevertheless, the risk of infection with reusable blood pressure cuffs is likely to impede growth of the blood pressure monitor market to some extent.

By using disposable blood pressure cuffs, one could avoid the expensive repairs and cleaning of certain reusable blood pressure cuffs as well as cross-contamination. Patients are given more comfort with disposable blood pressure cuffs, which are constructed from a variety of durable materials including soft or vinyl fabric.

Many hospitals also employ disposable blood pressure cuffs because they increase patient safety and help hospitals achieve better financial results. These cuffs offer features that make it possible to streamline processes, make inventory control simpler, and lower the danger of cross-contamination.

With a soft but sturdy fabric that guarantees patient satisfaction and dependability, SunTech Medical Inc. offers disposable blood pressure cuffs, which is one of the ongoing trends of the blood pressure monitor. The cuffs were designed with affordability in mind, encourage single-patient use, and are available in a variety of sizes. These disposable blood pressure cuffs are color-coded for simple recognition and speedy selection. Such items’ accessibility to consumers is causing the market to expand. Thus, there is a greater need for disposable blood pressure cuffs as a result of the increased desire for reduced cross-contamination and patient convenience, which is likely to drive growth of the segment. Rapidly growing prominence and penetration of digitaization are likely to add to the expansion of the digital blood pressure monitor market.

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North America Market to Ride on the Back of the Presence of Advanced Healthcare System

The global market is anticipated to be dominated by North America in the forthcoming years. In the near future, the US is likely to have a considerable share of the global market. The rising incidence of hypertension, rising adoption of blood monitoring devices, a fragmented field of competitors, and a sound healthcare system are likely to drive the North American market.

Due to the rising incidence of hypertension and increasing acceptance of automated blood pressure cuffs, the Asia Pacific blood pressure cuffs market is predicted to rise with a high growth rate in the years to come. Presence of the leading players offering blood pressure cuffs in a range of designs and sizes with the consumer in mind has made the regional population more receptive to sophisticated products. As per estimates, there are more than 200 million individuals in China who have hypertension. All these factors are likely to drive the market in Asia Pacific.

Veterinary Dermatology Drugs Market – Exclusive Report Study on the Current Trends

The rising awareness pertaining to the availability of highly sophisticated and powerful medications for treating animal skin conditions as well as the rising incidence of various skin diseases in animals, such as atopic dermatitis is anticipated to favor the development within the veterinary dermatology drugs market in coming years. Furthermore, the rising number of pets and pet owners across the globe is also supplementing the development and growth of the veterinary dermatology drugs market.

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A few of the most prominent and essential types of products offered by the leading stakeholders operating in the global veterinary dermatology drugs market include antibacterial drugs, antifungal drugs, and antiparasitic drugs, among others. The rising incidence of bacterial infections among pet animals is leading to increased usage and adoption of antibacterial drugs in the veterinary dermatology drugs market. These products and solutions in the veterinary dermatology drugs market can be administered by three major modes or routes, including oral, topical, and injectable. Among these, the highest demand in the veterinary dermatology drugs market can be attributed to topical drugs.

The products and drugs offered by the leading participants in the veterinary dermatology drugs market are used for the treatment of both small as well as large animals. The solutions in the veterinary dermatology drugs market are used to treat various small animals, such as dogs and cats, among others, as well as large animals, such as bovine and equine, among others. Based on indication, the products in the veterinary dermatology drugs market can be further categorized into skin cancer drugs, drugs for parasitic infections, drugs for treating infectious diseases, and drugs for treating autoimmune skin diseases, among others. The rising instances of various infectious diseases is generating high demand in the veterinary dermatology drugs market.

North America to Dominate the Veterinary Dermatology Drugs Market in Coming Years

Regionally, the veterinary dermatology drugs market can be segmented into regions like Europe, Latin America, North America, Asia Pacific, and Middle East and Africa. In the next few years, the regional industry of North America is most likely to emerge as the dominant regional industry within the veterinary dermatology drugs market. Some of the major influencers and drivers for the expansion of the veterinary dermatology drugs market in North America include the rising funding from private sector as well as regional governments in regional pharmaceutical industry as well as the increasing number of clinical trials and tests being performed in the regional industry.

Furthermore, the presence of several leading manufacturers and players, such as Thermo Fisher, VCA, and IDEXX in the region is also anticipated to fast track the development of the North America veterinary dermatology drugs market in coming years. Another significant regional industry, most likely to drive the growth in the veterinary dermatology drugs market in coming years is Asia Pacific. The growth of the Asia Pacific veterinary dermatology drugs market is driven by the increasing adoption of various veterinary solutions, such as drugs, medicated feed additives, and vaccines, as well as the fast paced increase in the population of livestock and companion animals in the region. 

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Players in Veterinary Dermatology Drugs Market Focused on M & A and New Drug Discovery

A few of the leading manufacturers and incumbent participants working in the veterinary dermatology drugs market include Ceva Sante Animale, IDEXX Laboratories, Virbac S. A., Boehringer Ingelheim, Novartis Animal Health, Toray Industries, Merial, Zoetis, Inc., Vetmedica, Vetoquinol S. A., Bayer Animal Health, Elanco, SAVAVET, and AB Science, among others. These manufacturers and players operational in the veterinary dermatology drugs market are focused on expanding their geographic footprint in a bid to attract more and more customers.

Some of the most prominent growth and corporate expansion strategies employed by the key players in the veterinary dermatology drugs market include mergers and acquisitions, enhancing the product portfolio, increasing investments in research and development, and advancements in medical and pharmaceutical technologies, among others.