Wednesday, November 30, 2022

Prosthetic Heart Valves Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos


 

Global Prosthetic Heart Valves Market is expected to register a CAGR of approx. 11% over the period of 2022-2028.  The prosthetic heart valve market is rising due to the growing number of people suffering from heart valvular diseases. Some novel advancement in the making of the heart valve is increasing which is likely to aid the growth of the prosthetic heart valve market.  For instance, in March 2021, the U.S. FDA approved the Harmony TPV (Transcatheter Pulmonary Valve) System for the treatment of adult and pediatric patients having a native or surgically repaired RVOT (right ventricular outflow tract). Owing to these glaring statistics the demand for prosthetic heart valves is anticipated to grow in the forthcoming years as their chances of recovery after surgery are very high and they are harmless. According to UnivDatos Market Insights (UMI)’ research report “global prosthetic heart valves market”, the market is expected to witness a robust growth during the forecast period 2022-2028F. Moreover, the availability of computational tools allows for accurate valvar disease detection, which leads to proper treatment fueling the demand for the prosthetic heart valve market. Furthermore, the growing demand for minimally invasive surgeries is expected to drive the market for prosthetic heart valve market in the coming years.

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Based on the types of valves, the prosthetic heart valve market is segmented into transcatheter heart valves, tissue heart valves, and mechanical heart valves. The transcatheter heart valve segment accounted for a significant market share and it is estimated that it will grow rapidly during the projected timeframe because of an increase in cardiovascular disease and a rise in demand for cardiac valve replacement therapy.

Based on the end-users, the market is bifurcated into hospitals, ambulatory surgical centers, and others. The hospital segment accounted for a significant market share and it is estimated that it will grow rapidly during the projected timeframe owing to the increasing construction of hospitals and a surge in the number of heart surgeries in the hospital setting.

North America to witness extensive growth

For a better understanding of the market adoption of the prosthetic heart valves market, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the prosthetic heart valve industry owing to the rise in medical expertise, new product launches, and government regulations that provide favorable reimbursement scenarios.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global prosthetic heart valves market are Edwards Lifesciences Corporation, Medtronic plc., Boston Scientific Corporation, Abbott Laboratories, LivaNova PLC, Artivion Inc, Braile Biomédica, Colibri Heart Valve LLC, JenaValve Technology Inc, Micro Interventional Devices Inc Several M&A’s along with partnerships have been undertaken by these players to boost their presence in different regions.

“Global Prosthetic Heart Valves Market provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.        

Market Segmentations:

1.      By Types Of Valves (Transcatheter Heart Valve, Tissue Heart Valve, Mechanical Heart Valve)

2.      By Diseases (Aortic Valve Disease, Mitral Valve Disease, Pulmonary Valve Disease)

3.      By End-Users (Hospitals, Ambulatory Surgical Centers, Others)

4.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

5.      By Company (Edwards Lifesciences Corporation, Medtronic plc., Boston Scientific Corporation, Abbott Laboratories, LivaNova PLC, Artivion Inc, Braile Biomédica, Colibri Heart Valve LLC, JenaValve Technology Inc, Micro Interventional Devices Inc.)

Key questions answered in the study:

1.      What are the current and future trends of the global prosthetic heart valve industry?

2.      How the industry has been evolving in terms of types of valves, diseases, and end-users?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global prosthetic heart valve industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global prosthetic heart valve suppliers across various region and countries?

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Ureteroscopy Devices Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

 


A ureteroscope is an examination that involves insertion during ureteroscopy in order to remove and treat kidney stones. The medical practitioner can treat or diagnose disorders relating to the urinary tract by inserting telescope-like equipment via the patient's ureter into the bladder.

According to UnivDatos Market Insights (UMI)’ research report “Global Ureteroscopy Devices Market”, the market is expected to witness a growth of around 4% during the forecast period (2022-2028). This is mainly due to the increasing prevalence of chronic kidney disease along with high incidences of diabetes and other diseases. The high incidences of urolithiasis across the globe are one of the major factors that are positively influencing the growth of the market. Further, the rising population of obesity, which is a high-risk factor for developing kidney stones due to an unhealthy lifestyle, may also contribute to the growth of the ureteroscopy devices market. According to various studies, obese people develop more uric acid stones and calcium oxalate stones. Thus, the growing focus and investment of key stakeholders in the research and development of technologically advanced devices are further expected to support market growth.

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Based on product, the ureteroscopy devices market is segmented into flexible ureteroscopes and semi-rigid ureteroscopes. The flexible ureteroscopes segment accounted for a significant market share in 2020 owing to the rising acceptance of digital flexible ureteroscope. Moreover, technical developments in the size and design of flexible ureteroscopes provide easy access to the ureter and kidney through the urethra, which helps in eliminating the need for any surgical incision.

Based on end-user, the market is segmented into hospitals, specialty clinics, ambulatory surgical centers, and diagnostic imaging centers. Among these, the hospital’s category is expected to demonstrate significant growth during the forecast period. This is mainly due to the increasing investment by hospitals in expanding surgical infrastructure, increasing kidney stone surgeries in hospitals, and setting up new hospitals in various regions.

North America to witness extensive growth

For a better understanding of the market adoption of the ureteroscopy devices industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America is anticipated to grow at a substantial CAGR during the forecast period. The major factors such as favorable government initiatives, increased investments in research and development for ureteroscopy devices coupled with technological advancements and the growing incidence of kidney diseases in North America are propelling the growth of this market in the region.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the ureteroscopy devices market are Becton, Dickinson and Company, Boston Scientific Corporation, Cook Group Inc., ELMED Medical Systems, Hoya Corporation, Karl Storz Se & Co. Kg, Olympus Corp., Rocamed, SCHÖLLY FIBEROPTIC GMBH, Stryker Corporation.

“Global Ureteroscopy Devices Market provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.

Market Segmentation:

1.      By Product (Flexible Ureteroscopes, Semi-Rigid Ureteroscopes)

2.      By End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Diagnostic Imaging Centers, Others)

3.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

4.      By Company (Becton, Dickinson and Company, Boston Scientific Corporation, Cook Group Inc., ELMED Medical Systems, Hoya Corporation, Karl Storz Se & Co. Kg, Olympus Corp., Rocamed, SCHÖLLY FIBEROPTIC GMBH, Stryker Corporation)

Key questions answered in the study:

1.      What are the current and future trends of the global ureteroscopy devices industry?

2.      How the industry has been evolving in terms of product and end user?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global ureteroscopy devices industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global ureteroscopy devices suppliers across various region and countries?

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Kids Furniture Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos


 

A rise in disposable income owing to rising working parents, an emerging number of children, and surging investments in the kids room interior is contributing to the market growth. As per UNICEF, there are 1.3 billion adolescents in the world today, more than ever before, making up 16 percent of the world’s population. Consumers with a high level of affordability spend wisely in order to increase their standard of living, resulting in the purchase of efficient and versatile consumer goods. 

The Kids Furniture Market is expected to grow at a steady rate of around 6% owing to the surging preference for efficient and dedicated, themed spaces for kids in the form of nursery, play, and study rooms are contributing to the market growth. Housing contractors are adopting new strategies for developing end-to-end home infrastructures.  As per a study in Europe, parents spend more than USD 5,800 decorating their child’s nursery and bedrooms – before they turn 10. Also, Parents will splash out a further USD 4,7800 redecorating their children's rooms at least once every two years – parting with USD 970 each time – before their 10th birthday.

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 According to UnivDatos Market Insights (UMI)’ research report “Global Kids Furniture Market”, the market is expected to witness robust growth during the forecast period (2022-2028). This is mainly due to the growing number of nuclear families, the availability of affordable furniture, and the launch of smart furniture by players in countries.

Based on product, the market is segmented into beds-cots & cribs, tables & chairs, cabinets, dressers, & chests, mattresses, and others. The beds-cots & cribs category witnessed higher CAGR during the forecast period owing to the growing number of nuclear families in the country such as India, China, the United States, etc., Also, convenience and ease of use are some of the prominent factors. Also, factors such as the availability of tech-advanced beds and cribs, affordable prices, etc., are contributing to the growth of this segment.

Based on the material, the market is categorized into wood, polymer, and metal. Among these, the wood segment grabbed the major market share and dominated the market in 2020. Wood is highly preferred for furniture by consumers due to its various advantages. Wood is much stronger in load bearing for both chairs and tables, owing to which wood can support a heavier load without breaking down.

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Based on the distribution channel, the market is categorized into online and offline. Among these, the offline segment grabbed the major market share and dominated the market in 2020. The rising number of Speciality stores, and franchised stores, globally is contributing to the growth of this segment. However, surging internet penetration in developing countries is contributing to the growing share of the online segment.

Based on the end-user, the market is segmented into residential and commercial. The residential segment grabbed the major market share and dominated the market in 2020. The COVID-19 pandemic positively impacted the growth of this particular segment as Schools remained closed and classes were conducted online, it was important to set up a comfortable classroom for the child at home to facilitate learning.

APAC to witness extensive growth

For a better understanding of the market adoption of the Kids Furniture industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America region grabbed the major market share and dominated the market in 2020. The surging working population in the countries such as the United States and Canada is a key contributing factor to the demand for kids’ furniture in daycare. According to the U.S. Census Bureau, the youngest millennials reached their adulthood in 2020 and accounted for 28% of the U.S. population; they also accounted for 50% of the working population. However, APAC is anticipated to grow at a substantial CAGR during the forecast period.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Kids Furniture market are Cello Group, Cosmoplast Industrial Company LLC, Herman Miller, Inter Ikea Systems B.V., Keter Group, Nilkamal Limited, Pil Italica Lifestyle Limited, Sauder Woodworking Company, Sleep Number Corporation, Tramontina.

“Global Kids Furniture Market provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.        

Market Segmentation:

1.      By Product (Beds-Cots, & Cribs, Table & Chair, Cabinets, Dressers, & Chests, Mattresses, Others)

2.      By Material (Wood, Polymer, Metal)

3.      By End-User (Residential, Commercial)

4.      By Distribution Channel (Online, Offline)

5.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

6.      By Company (Cello Group, Cosmoplast Industrial Company LLC, Herman Miller, Inter Ikea Systems B.V., Keter Group, Nilkamal Limited, Pil Italica Lifestyle Limited, Sauder Woodworking Company, Sleep Number Corporation, Tramontina)

Key questions answered in the study:

1.      What are the current and future trends of the global kids furniture industry?

2.      How the industry has been evolving in terms of type, drive type, and application?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global kids furniture industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global kids furniture suppliers across various region and countries?

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Vascular Stent Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos


 

According to UnivDatos Market Insights (UMI)’ research report “global vascular stent market”, the market is expected to witness a growth of around 7% during the forecast period 2021-2027F. The market is growing due to the rise in the prevalence of the rising geriatric population coupled with aortic diseases around the globe. Moreover, the increase in demand for non-invasive surgical procedures is widening the scope of growth for the vascular stent market. Moreover, stringent government regulations coupled with the growing focus of major stakeholders in the healthcare industry is fueling the market growth. The advancements in medical technology and the introduction of a variety of stents are the important factors that drive the market of the vascular stent market. Moreover, the changing lifestyle preferences have significantly increased the diseases such as diabetes and obesity that are responsible for increasing cardiac disorders. As a result, the growing burden of aortic diseases is facilitated the vascular stent market growth across the globe.

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Based on the type, the market is categorized into bare-metal stents, drug-eluting stents, and bioabsorbable stents. The drug-eluting stents segment held a significant market in 2020 and it is anticipated to grow during the forecast period. The rapidly increasing number of cases of coronary heart disease induces the demand for a better and improved version of the stents responsible for the segmental growth of drug-eluting stents. Furthermore, frequent launches of new-generation stents are responsible for the segmental growth of drug-eluting stents.

Based on the mode of delivery, the market is segmented into balloon-expandable stents and self-expanding stents. The balloon-expandable stents held a significant market share and are anticipated to witness significant growth during the forecast period. This is mainly due to the increasing complexity of heart surgeries and their accuracy during the stent placement. Furthermore, the advancement in stent technology also favors the growth of the segment in the vascular stent market.

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North America to witness significant growth

For a better understanding of the market adoption of the vascular stent, the market is analyzed based on its worldwide presence in the countries such as North America (US, Canada, Rest of North America); Europe (Germany, UK, France, Italy, Spain, and Rest of Europe); Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific), and Rest of World. North America grabbed a significant market share of the global vascular stent market in 2020. It is expected to grow with a considerable CAGR during the forecast period. The major factors such as sophisticated healthcare infrastructure, the presence of a large population, the rise in cardiac disease incidence, the aging population, the rising prevalence of peripheral arterial disease, and increasing investments by investors are propelling the growth of this market. For instance, as per CDC, approximately 8 million people in the United States have peripheral arterial disease, including 12-20% of individuals older than age 60.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the vascular stent market include are Abbott, Medtronic, Boston Scientific Corporation, Terumo Corporation, B Braun Melsungen AG, Biotronik, Stentys SA, MicroPort Scientific Corporation, C. R. Bard, Inc., and Cook Medical, among others. The players are focused on launching products for gaining customers' traction and expanding their geographical reach to get a competitive edge in the industry.  

“Global Vascular Stent Market Analysis, 2021” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for Vascular stent providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on 16 parameters. This will help companies in the formulation of go to Market Strategies and identifying the blue ocean for its offerings.

Market Segmentation:

1.      By Product(Coronary Stent, Peripheral Stent, EVAR Stent Grafts, Others)

2.      By Type (Bare-Metal Stents, Drug-Eluting Stents, and Bioabsorbable Stents)

3.      By Mode of Delivery (Balloon expandable Stents and Self-expanding Stents)

4.      By End-users (Hospitals & Clinics, Ambulatory Surgical Centers, and Others)

5.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

6.      By Company (Abbott, Medtronic, Boston Scientific Corporation, Terumo Corporation, B Braun Melsungen AG, Biotronik, Stentys SA, MicroPort Scientific Corporation, C. R. Bard, Inc., and Cook Medical., etc.)

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Anastomosis Devices Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos


 

The Anastomosis Devices Market is expected to grow at a steady rate of around 9% during the forecast period (2022-2028). The global anastomosis devices market is anticipated to witness an uptick with the development of social society leading to changes in diet and other lifestyles. This along with the rapidly growing aging population across the globe is causing an increase in the number of patients having cardiovascular diseases leading to an increase in cardiovascular surgeries. Around 18 million Americans aged 20 and above have heart disease and nearly 650,000 Americans die of heart disease each year. Also, around 85,000 vascular reconstruction surgeries are performed across the globe annually. Owing to these glaring statistics the demand for anastomosis devices is anticipated to grow in the forthcoming years. Furthermore, the advancement in technology, increasing demand for minimally invasive procedures, favorable reimbursement policies, and various benefits associated with the use of these devices have also led to the growing adoption of anastomosis devices. Thereby, boosting the market growth.

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Based on product type, the anastomosis devices market is segmented into surgical staplers, surgical sutures, surgical sealants & adhesives, and others. The surgical staplers segment accounted for a significant market share in 2020 and it is estimated that it will grow rapidly during the projected timeframe as they offer various advantages over surgical sutures and surgical sealants and adhesives. Some of them include ease of use, minimal risk of complications, reduced blood loss or leakage, and reduced operating time.

Based on the application, the anastomosis devices market is divided into cardiovascular surgery, gastrointestinal surgery, and others. Cardiovascular surgery grabbed a considerable market share in 2020 and is expected to grow with a lucrative CAGR during the projected timeframe owing to the growing prevalence of cardiovascular diseases and an increase in the number of cardiovascular surgeries globally. 

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North America to witness extensive growth

For a better understanding of the market adoption of the anastomosis devices industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America is anticipated to grow at a substantial CAGR during the forecast period. The major factors such as favorable government initiatives, increased investments in research and development for anastomosis devices coupled with technological advancements and the rapid increase in the large geriatric population are propelling the growth of this market in the region.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Anastomosis devices market are Johnson & Johnson, Medtronic plc, B. Braun Melsungen AG, Smith & Nephew, Becton, Dickinson and Company, CONMED Corporation, Baxter International, Inc., Boston Scientific Corporation, Peters Surgical, LivaNova PLC.

“Global Anastomosis Devices Market provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.      

Market Segmentation:

1.      By Product Type (Surgical Staplers, Surgical Sutures, Surgical Sealants & Adhesives, and Others)

2.      By Application (Cardiovascular Surgery, Gastrointestinal Surgery, and Others)

3.      By End-Users (Hospitals, and Ambulatory Surgical Centers & Clinics)

4.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

5.      By Company (Johnson & Johnson, Medtronic plc, B. Braun Melsungen AG, Smith & Nephew, Becton, Dickinson and Company, CONMED Corporation, Baxter International, Inc., Boston Scientific Corporation, Peters Surgical, LivaNova PLC)

Key questions answered in the study:

1.      What are the current and future trends of the global anastomosis devices industry?

2.      How the industry has been evolving in terms of product type, application, and end-users?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global anastomosis devices industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global anastomosis devices suppliers across various region and countries?

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Human Identification Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos


 

Human identification is a technique that is used for analyzing the DNA sample for the identification of individuals and forensic investigation. This technology is commonly used in forensic laboratories for analyzing blood, hair, DNA, skin, and teeth. The human identification market is growing on account of the increasing demand for DNA analysis, growing funding from private & government organizations for forensic programs, and a rise in crime incidences. For instance, in 2021, a award totaling more than USD 210 million was granted by the Department of Justice's Office of Justice Programs to crime laboratories for supporting research, decreasing DNA backlogs, and helping law enforcement identify missing persons. 

The Human Identification Market is expected to grow at a steady rate of around 12% during the forecast period. The growing technological advancement, rising applications of human identification in forensics, paternity test, & others, and an increase in new product launch in the market. For example, in May 2022, forensic laboratories performing human identification in criminal casework and database cases have a new option for capillary electrophoresis (CE) instrument to support their workflow. The Spectrum CE System, launched by Promega, presents a new alternative in a market that has historically featured few options for instrumentation providers.

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Based on application, the human identification market is classified into forensic applications, paternity testing, and others. The forensic application segment grabbed a significant market share in 2020 and is expected to grow considerably during the forecast period. The growth of this segment can be attributed to the wide use of human identification systems as there is a continuous increase in the number of crime incidences and government initiatives across the globe.

Based on the product & services, the market is fragmented into instruments, assay kits & reagents, and software & services. In 2020, the assay kits & reagents segment is expected to grab a considerable share of the human identification market owing to the regular use of various reagents & assay kits for DNA analysis. Furthermore, the launch of new assay kits and reagents is also driving the growth of this market segment in the coming years.

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North America to witness extensive growth

For a better understanding of the market adoption of the All-Terrain Vehicle industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America is expected to grab a significant share of the human identification market in 2020. The major factors such as favorable government initiatives, increased investments in research and development for DNA analysis coupled with technological advancements, the growing use of forensics coupled with the increasing demand for reducing the time and cost of DNA analysis in the region.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Human Identification market are Thermo Fisher Scientific Inc., QIAGEN, Promega Corporation, Agilent Technologies Inc. Illumina Inc., Bio-Rad Laboratories Inc., Eurofins Scientific, Hamilton Company, GENETEK Biopharma GmbH, Integenx Inc.

“Global Human Identification Market provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.        

Market Segmentation:

1.      By Technology (Polymerase Chain Reaction, Next-Generation Sequencing, Capillary Electrophoresis, and Others)

2.      By Application (Forensic Applications, Paternity Testing, and Others)

3.      By Product & Services (Instruments, Assay Kits & Reagents, and Software & Services)

4.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

5.      By Company (Thermo Fisher Scientific Inc., QIAGEN, Promega Corporation, Agilent Technologies Inc. Illumina Inc., Bio-Rad Laboratories Inc., Eurofins Scientific, Hamilton Company, GENETEK Biopharma GmbH, Integenx Inc.)

Key questions answered in the study:

1.      What are the current and future trends of the global human identification industry?

2.      How the industry has been evolving in terms of technology, application, and product & services?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global human identification industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global human identification suppliers across various region and countries?

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Radiotherapy Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos


 

Radiotherapy is commonly used for treating cancer by using high radiation doses for killing various cancer cells and shrinking tumors. Cancer is one of the leading life-threatening diseases across the world. The surge in the number of people suffering from cancer has always been the major driving factor for the radiation therapy market. For instance, as per the world health organization, cancer is the second leading cause of death all over the globe and was responsible for an estimated 9.6 million deaths in 2018. Globally, about 1 in 6 deaths are due to cancer. Approximately 70% of deaths from cancer occur in low and middle-income countries.  

The Radiotherapy Market is expected to grow at a steady rate of around 6% during the forecast period. Factors such as increasing government initiatives to raise awareness regarding the treatment options available and growing demand for sophisticated therapies to cure diseases like cancer are some of the prominent factors contributing to the growth of the market.  

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Based on application, the radiotherapy market is classified into prostate cancer, breast cancer, lung cancer, cervical cancer, spine cancer, head & neck cancer, and others. In 2020, the breast cancer segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period owing to the rise in incidences of this type of cancer. For instance, according to the World Health Organization, in 2020, nearly 2.26 million cases of breast cancer alone.

Based on the end-users, the market is fragmented into hospitals, radiation therapy centers, and others. In 2020, the hospital segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period. The growth of this segment is attributed to the growing number of private hospitals in various emerging economies and better accessibility of healthcare services at hospitals leading to a rise in the preference of patients to avail treatment in hospitals. 

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North America to witness extensive growth

For a better understanding of the market adoption of the radiotherapy industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America is anticipated to grow at a substantial CAGR during the forecast period. The major factors such as favorable government initiatives, increased investments in research and development for radiotherapy coupled with technological advancements, the rapid increase in the geriatric population, and the rising number of cancer incidences are propelling the growth of this market in the region. For instance, the number of Americans aged 60 and older increased by 34% from 55.7 million to 74.6 million between 2009 and 2019.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Radiotherapy market are Siemens Healthineers AG, Accuray Incorporated, Elekta AB, Becton, Dickinson and Company, ViewRay Technologies Inc., Hitachi Ltd., IsoRay Inc., ZEISS Group, Mevion Medical Systems Inc., Panacea Medical Technologies Pvt. Ltd.

“Global Radiotherapy Market provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.        

Market Segmentation:

1.      By Technology (External Beam Radiotherapy, Internal Beam Radiotherapy, and Systemic Radiotherapy)

2.      By Application (Prostate Cancer, Breast Cancer, Lung Cancer, Cervical Cancer, Spine Cancer, Head & Neck Cancer, and Others)

3.      By End-Users (Hospitals, Radiation Therapy Centers, and Others)

4.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

5.      By Company (Siemens Healthineers AG, Accuray Incorporated, Elekta AB, Becton, Dickinson and Company, ViewRay Technologies Inc., Hitachi Ltd., IsoRay Inc., ZEISS Group, Mevion Medical Systems Inc., Panacea Medical Technologies Pvt. Ltd.)

Key questions answered in the study:

1.      What are the current and future trends of the global radiotherapy industry?

2.      How the industry has been evolving in terms of technology, application, and end-users?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global radiotherapy industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global radiotherapy suppliers across various region and countries?

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