Medical Device Validation & Verification Market Worth $1.1 Billion By 2027

The global medical device validation and verification market size is expected to reach USD 1.1 billion by 2027, expanding at a CAGR of 11.1% over the forecast period, according to a new report by Grand View Research, Inc.

Increase in demand for advanced and quality medical products and rising complexity with respect to product designing and engineering are anticipated to boost market growth. Rapid innovations in healthcare have increased the need for companies to incorporate new technologies and software applications in their products to meet the demand for validation and verification. Increase in product complexity, availability of newer types of material, and high risk of product failures are some of the key factors increasing the need for validation and verification services.

North America dominated the global medical device validation and verification market, accounting for 44.88% share of the overall revenue in 2019. Rapid growth in manufacturing of medical devices to meet high demand for efficient healthcare services, including validation and verification, is one of the major factors contributing to the regional market growth. In addition, stringent regulatory environment in U.S. is fueling market growth in the region.

Asia Pacific is anticipated to expand at a CAGR of 12.1% during the forecast period. This can be attributed to increased opportunities for players, especially in Japan, China, and India, improved regulatory framework, and increase in the number of medical devices companies.

Full Research Report On Medical Device Validation & Verification Market Visit Here: https://www.grandviewresearch.com/industry-analysis/medical-device-verification-validation-market

Further key findings from the study suggest:

• Based on therapeutic area, oncology held the largest market share in 2019 and is expected to witness lucrative growth during the forecast period due to increasing prevalence of cancer worldwide
• On the basis of application, the diagnostic segment held the largest share of 44.16% in 2019 due to increasing demand for diagnostic technology in healthcare to identify the cause of disease
• The therapeutic application segment is projected to register the fastest growth during the forecast period due to rising prevalence of chronic diseases
• North America dominated the medical device validation and verification market and accounted for a share of 44.88% in 2019. This is attributed to rapid growth in manufacturing of medical devices to meet high demand for efficient healthcare services, including validation and verification
• Asia Pacific is anticipated to expand at a CAGR of 12.1% during the forecast period. This can be attributed to increased opportunities for players, especially in Japan, China, and India, and improved regulatory framework.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Protein Stability Analysis Market Future Growth & Trends

The global protein stability analysis market size is expected to reach USD 2.0 billion by 2026, expanding at a CAGR of 10.8%, according to a new report by Grand View Research, Inc. Protein stability analysis is an essential step in therapeutics stability studies that enables the assessment of factors causing aggregation and degradation of proteins. This analysis keeps a check on the biologic activity, quality, and product safety of biopharmaceuticals. The recent approvals of recombinant protein therapeutics increase the demand for this analysis during the drug development programs.

Rising R&D in the biopharmaceuticals arena has pronounced the demand for protein stability protocols. The drug manufacturers are adopting the stability-indicating methods for degradation pathway analysis and stress testing for the development of effective and safe therapeutics. Moreover, government agencies are encouraging the drug safety programs by raising funds in the field of proteomics industry, which in turn, surge the adoption of stability analysis.

For instance, in January 2018, funding of USD 18 million from the Genome Canada and Genome BC supported the protein research of the University of Victoria, Canada. Besides, key companies are also entering into collaborations with the venture capitalists for funds to expand their stability analysis portfolio.

Ionic liquids are extensively applied in biological systems as environmentally friendly solvents. It is crucial to analyze the effect of ionic liquids over protein stability as it is helpful in the analysis of biological reaction processes. A study published in April 2019, evaluated the thermodynamics of protein stability in ionic liquids by the utilization of Fluorine-19 nuclear magnetic resonance spectroscopy. Such studies are expected to increase the adoption of protein stability techniques over the forecast period.

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Protein Stability Analysis Market Report Highlights

• Reagents and assay kits accounted for the largest share in 2019 owing to frequent usage of these products and low cost associated with them as compared to other product types
• Broadening application of analytical instruments that are designed to assess several stability-indicating parameters using ultra-low sample volumes at high speed drives the instrument segment with the fastest CAGR
• Differential Scanning Calorimetry (DSC) held the largest revenue share in 2019 due to numerous advantages of DSC over other determination methods
• These benefits include simple sample preparation, easy implementation of DSC in both solid and liquid samples, and determination of thermodynamic parameters
• Differential Scanning Fluorimetry (DSF) technique is expected to register the fastest growth rate due to the rising implementation of nanoDSF technique in analytical studies
• This is attributive to the fact that nanoDSF rapidly and reliably determines the melting point of crude extracts, thus eliminating the requirement for cost and time-intensive protein analysis steps
• Pharmaceutical and biotechnology companies dominated the protein stability analysis market in 2019 due to the presence of well-established drug manufacturers that are capable of performing in-house production of biologics
• Contract Research Organizations (CROs) are anticipated to witness a lucrative growth rate during the forecast period
• CROs provide a range of capabilities in protein engineering with integrated platforms and technologies across various geographical regions to support the development of recombinant protein therapeutics
• A large number of proteomics projects conducted in U.S. and high focus on proteomics research activities by national agencies marks the dominant share of North America
• Asia Pacific is expected to witness the fastest growth rate owing to the rising number of conferences and events conducted to raise awareness about the products available for stability analysis
• Key players such as Enzo Biochem, Thermo Fisher, PerkinElmer, NanoTemper, and GE Healthcare, have adopted several strategic initiatives to reinforce their market presence.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Tissue Sectioning Market Worth $862.24 Million By 2027

The global tissue sectioning market size is expected to reach USD 862.24 million by 2027, registering a CAGR of 6.56% during the forecast period, according to a new report published by Grand View Research, Inc. A rise in prevalence of cancer coupled with the awareness among physicians regarding the use of tissue diagnostic procedures for prognostication and diagnostics is expected to fuel the growth.

As per the NIH-National Cancer Institute, the number of new cancer cases is expected to rise to 23.6 million by 2030. Germany ranks in the top 5 countries that have super-aged societies. It is expected that one-third of the total population of Germany will be above 65 year of age by 2050. This increases the change of encountering cancer, liver and kidney disorders, autoimmune diseases, and infections.

As the analysis of tissue sections is helpful in the management and identification of clinical disorders, thus a rise in the geriatric population leads to a rise in demand for tissue sectioning equipment for effective and rapid tissue diagnostics. In addition, shifting focus of the researchers and pathologists toward exploring the cancer staging in rare types of cancer is anticipated to boost the market growth in the forthcoming years.

A rise in the number of histology laboratories globally is a key driving factor for the market. In addition, constant rise in the number of certified pathologists in Canada and other major countries is expected to support the projected growth of the market. These laboratories are adopting novel protocols that aid in troubleshooting the challenges associated with tissue processing.

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Tissue Sectioning Market Report Highlights

• Instruments accounted for the largest market share in 2019 owing to the presence of a substantial commercially available product base, ongoing technological advancements, and lack of any external substitute for tissue sectioning equipment
• Rotary microtome is the most-commonly used microtomes in a histopathology lab, thereby leading to its prominent revenue share
• Automatic technology is expected to occupy substantial share of the technology segment in 2019 as these products enable cutting of thin tissue sectioning with a high precision consistently
• Automated devices also enhance productivity by enhancing the speed and efficiency of the process. These devices are user-friendly as they reduce the need for repetitive motion of the microtome
• Disease diagnosis dominated the applications segment in 2019 owing to a rise in adoption of histopathology techniques for the diagnosis of cancer and other disorders
• An accurate pathology analysis is crucial for the diagnosis and determination of a treatment plan for patients. This increases the utilization of microtomes and cryostats in histopathology laboratories for disease diagnosis
• Hospitals end-user segment is projected to continue holding the largest market share during the forecast period, as hospitals are the key facilities for the analysis of tissue specimen
• Presence of a large number of hospitals with in-house pathology laboratories for analysis of biopsy specimen is expected to boost the segment growth
• North America held the largest share of the tissue sectioning market in 2019. Asia Pacific, on the other hand, is expected to register the fastest CAGR in the forthcoming years
• Some key market players include Thermo Fisher Scientific, Leica Biosystems Nussloch GmbH, LLS ROWIAK LaserLabSolutions GmbH, and Sakura Finetek Europe B.V.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Cannabis Cultivation Market Worth $358.8 Billion By 2027

The global cannabis cultivation market size is expected to reach USD 358.8 billion by 2027, expanding at a CAGR of 14.3% from 2020 to 2027, according to a new report by Grand View Research, Inc., Growing legalization and adoption of cannabis for the treatment of chronic diseases is positively impacting the market growth. Furthermore, the liberalization of laws related to hemp and marijuana by various countries is further bolstering revenue growth over the forecast period.

Based on biomass, the hemp segment dominated the market in 2019. Factors contributing to increase in demand include increasing adoption of hemp and derived products and its growing acceptance among the users due to its low THC content. It is mainly used by people who intend to reap the medical benefits of the plant without getting intoxicated. In addition, positive government reforms regarding the utilization of hemp in many countries is further propelling the market growth.

In 2019, the industrial consumption segment accounted for the highest revenue share. This growth is attributed to the growing application of marijuana and hemp in various industries such as pharmaceuticals, personal care and cosmetics, nutraceuticals, and food and beverages. In addition, the growing usage of cannabis and its derivatives as raw material by companies to produce their products is further fueling the growth. For instance, CBD oil and tinctures obtained from the plant are used by pharmaceutical companies for the production of cannabis-infused drugs. Hence, its consumption for various applications boosts the overall growth of the market.

The Asia Pacific dominated the market with a revenue share of 41.2% in 2019 owing to the presence of the largest cultivation markets in the region such as China, South Korea, India, and Australia. Furthermore, favorable climatic conditions, increasing awareness about the plant and its medical benefits, and growing patient pool eligible for medical marijuana treatments are the other factors boosting the growth of the market in the region.

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Cannabis Cultivation Market Report Highlights

• The market is anticipated to witness significant growth owing to the growing legalization and adoption of the hemp and marijuana for the treatment of chronic diseases
• The hemp segment dominated the market in 2019, owing to the increasing adoption of hemp and derived products due to low THC content
• Industrial consumption segment dominated the market in 2019, owing to the growing application of marijuana and hemp in various industries
• The Asia Pacific dominated the market with a revenue share of 41.2% in 2019, owing to the presence of the largest hemp cultivation markets in the region such as China, South Korea, India, and Australia.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

MRI-guided Neurosurgical Ablation Market Growth & Trends

The global MRI-guided neurosurgical ablation market size is anticipated to reach USD 865.2 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.3% from 2020 to 2027. An increasing number of patients suffering from neurological diseases, including brain tumors, and rising awareness initiatives for brain disorders diagnosis and treatment are driving the market.

Rising prevalence of brain cancer is one of the major factors driving the market. There are over 120 types of brain and central nervous system cancers. According to the National Institute of Health (NIH) data, it is estimated that in 2020, 23,890 people will be diagnosed with new cases of brain and other nervous system cancer in the U.S. Therefore, increasing incidence of brain cancer has increased the demand for MRI-guided neurosurgical ablation, thus boosting the market growth.

Technological advancements associated with the treatment are stimulating the demand in the market. For instance, a Visualase MRI-guided laser ablation device developed by Medtronic has the smallest laser catheter of 1.65 mm that monitors tissue ablation in real-time. As a result, it helps patients recover faster with a small incision. This is anticipated to boost the market growth over the forecast period.

Furthermore, several awareness campaigns, the introduction of new products, and incorporation of new technologies by market players are likely to boost the market growth during the forecast period. For instance, in July 2019, Insightec has received FDA approval and CE mark for the Exablate Neuro- ultrasound platform for the treatment of neurological disorders with no surgical incisions.

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MRI-guided Neurosurgical Ablation Market Report Highlights

• On the basis of product, the accessories segment dominated the overall market with a share of 31.6% in 2019. Numerous benefits offered by the accessories segment such as maneuverability, functionality, and precision to ensure patient safety during neurosurgical procedures are contributing towards the segment growth
• Based on end-use, the hospital segment dominated the overall market with a share of 65.3% in 2019 owing to high patients’ preference to visit hospitals for the treatment. Moreover, brain-related procedures are among the most critical and complex surgeries that are reliant on high quality and durable devices and equipment found in hospitals
• North America dominated the market with a revenue share of 34.6% in 2019 owing to the presence of well-established healthcare facilities, increasing incidences of brain tumors, and the availability of the latest treatment procedures in the region.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Physiotherapy Equipment Market Growth & Trends

The global physiotherapy equipment market size is expected to reach USD 36.3 billion by 2027, registering a CAGR of 7.7% over the forecast period, according to a new report by Grand View Research, Inc. The growing prevalence of neurological, musculoskeletal, and spinal cord disorders, early disease diagnosis, and awareness about physiotherapy are some of the factors driving the market growth.

One of the current trends in the market is the use of video games and rehabilitation robots. NINTENDO WII, a video game, has proven to be beneficial in the rehabilitation process. While playing the game, patients need to perform repetitive movements such as rolling a bowling alley ball or swinging a tennis racket, which in turn helps patients in the movement of muscles and maintains coordination between balance and movement.

The rising need for new therapies along with the commercialization of various equipment is expected to boost the market growth in the coming years. In January 2019, Quantum Cryogenics launched CryoQube, a whole-body cryotherapy chamber, due to growing demand for the therapy in U.K.

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Physiotherapy Equipment Market Report Highlights

• The musculoskeletal application segment dominated the market in 2019 due to rising prevalence of musculoskeletal disorders and the ability of physiotherapy to prevent and reduce their adverse effects
• The cardiovascular and pulmonary application segment is expected to witness the fastest CAGR from 2020 to 2027 owing to increasing cases of cardiovascular and pulmonary diseases
• The ultrasound type segment dominated the market in terms of revenue share in 2019 and is expected to witness the highest CAGR over the forecast period, since it is one of most commonly used therapies for soft tissue lesions treatment
• The non-geriatric demographics segment accounted for the largest share in 2019 in terms of revenue due to rising cases of musculoskeletal disorders
• The hospitals and clinics segment led the market in terms of revenue share in 2019 owing to the presence of supportive infrastructure and high patient volume
• In 2019, North America held a majority of the physiotherapy equipment market share in terms of revenue in 2019 due to increasing number of baby boomers, presence of favorable government policies, and sophisticated healthcare infrastructure
• The market in Asia Pacific is expected to witness the fastest CAGR over the forecast period owing to rising population, high investment opportunities, and developing healthcare infrastructure
• Some of the key companies in the global market are DJO Global, Inc.; Patterson Medical; Isokinetics, Inc.; EMS Physio Ltd.; and BTL Industries.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Robotic Nurse Assistant Market Size Worth $1,642.2 Million By 2026

The global robotic nurse assistant market size is expected to reach USD 1,642.2 million by 2026, according to a new report by Grand View Research, Inc. Rising geriatric population and decrease in the nurse-to-patient population are some of the factors contributing to the growth of robotic nurse assistant in the coming years. Rising research funding in healthcare robotics is expected to drive the demand for robotic nurse assistant over the forecast period.

Independence support robots dominated the product type segment with a market share of 42.7% in 2018. Growing geriatric population requiring continuous nursing assistance has increased the demand for independence support robots. On the other hand, daily care & transportation robots segment is expected to witness the fastest CAGR between 2019 to 2026. The ability to automate repetitive tasks with great accuracy is one of the major factors driving the growth of this segment.

Hospitals and clinics dominated the end-use segment in 2018, with a revenue of USD 182.4 million and are expected to remain the largest segment over the forecast period. Senior care facilities segment is anticipated to witness the fastest growth, with a CAGR from 2019 to 2026 owing to the rising need for intensive patient care to the elderly and disabled population.

North America dominated the robotic nurse assistant market with the revenue share of 40.5% in 2018, owing to higher economic capabilities of hospitals and clinics to invest in robotic nurses. This region is anticipated to witness lucrative growth due to its expanding geriatric population, which is directly responsible for the rising demand for robotic nurse assistants. The U.S. dominates the North America market with 87.8% revenue share in 2018. High healthcare expenditure and well-established healthcare infrastructure are some major factors driving the demand for robotic nurse assistant in this region between 2019 to 2026.

Full Research Report On Robotic Nurse Assistant Market Visit Here: https://www.grandviewresearch.com/industry-analysis/robotic-nurse-assistant-market

Further Key Findings From the Report Suggest:

• North America accounted for the largest revenue share 2018, owing to factors such as large geriatric population and rising need to maintain the ratio of nurses to patient’s population
• Independent support robots segment dominated the product segment in 2018 owing to rising funding for the development of nurse assisting robots
• Hospitals and clinics segment dominated the market with a revenue of USD 182.4 million due to growing adoption of healthcare robots for supporting elderly population
• Some of the key market players in this market are Hstar Technologies, Diligent Robotics, Toyota Motor Corporation, RIKEN-SRK, SoftBank Robotics, Panasonic, Fraunhofer IPA, Aethon and others.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Biosurgery Market Size, Share, Future Growth Insights

The global biosurgery market size is expected to reach 20.1 billion by 2026, registering a CAGR of 7.1% during the forecast period, according to a new report by Grand View research, Inc. Factors such as the availability of multifunctional products and increasing number of surgeries due to prevalence of lifestyle related disease, obesity, and sports related injuries are projected to drive the growth. Biosurgery products are used in surgical procedures for adhesion or wound sealing and healing damaged bones and tissues.

Biosurgery products are used for the treatment of chronic wounds, such as burns, foot ulcer, malignant wounds, and infected surgical wounds. Furthermore, increasing incidence of blood clotting among patients prone to excessive blood loss is expected to drive the market growth. Moreover, rising need for blood loss management and various severe trauma injuries is expected to drive the growth of biosurgery market over the forecast period.

High prevalence of diabetes increases the risk of wounds and infections, creating requirement for biosurgery products. According to the American College of Physicians, the global annual incidence of diabetic foot ulcer was 6.3% in 2017. This factor is projected to drive the product demand in the forthcoming years. Moreover, rising geriatric population prone to various chronic diseases is expected to propel the market. According to the World Health Organization (WHO), the global aging population is expected to reach 2 billion by 2050, from 900 million in 2015. Application of biosurgery in other surgical procedures, such as orthopedic, neurological, and gynecology surgeries is expected to drive the market.

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Biosurgery Market Report Highlights

• North America held the largest market share in 2018, owing to favorable reimbursement policies, local presence of key market players, and supportive government initiatives
• Based on product, surgical sealant held the largest market share in 2018 and is expected to expand at a CAGR of 6.8% over the forecast period
• By application, general surgery held the largest market share in 2018. Cardiovascular surgery is expected to register the fastest CAGR over the forecast period
• Some prominent players operating in the biosurgery market are Johnson & Johnson (Ethicon); Medtronic Plc; Strykers; Baxter International Inc.; C.R. Bard; Sanofi; Pfizer; B. Braun Melsungen AG; and Integra LifeSciences Corporation

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

U.S. Donor Egg IVF Services Market Size Worth $998.8 Million By 2026

The U.S. donor egg IVF services market size is expected to reach USD 998.8 million by 2026, based on a new report by Grand View Research, Inc., registering a 9.5% CAGR during the forecast period. Increasing demand for eggs in the U.S. can be attributed to delayed childbearing, improved success rate of IVF procedures, and growing acceptance of fertility treatments.

Additionally, laws for egg donation are not stringent in many states in the country. Hence, residents from European and Asian countries where egg donations and surrogacy procedures are illegal, visit the U.S. for infertility treatment services. Rising medical tourism when it comes to IVF is also expected to boost the U.S. market in the coming years.

Major players offering these services in the regional market include Beverly Hills Egg Donation, Donor Egg Bank USA, Egg Donor America, MyEggBank, Extraordinary Conceptions LLC, Premier Egg Donors, California Fertility Partner, Extend Fertility, Boston IVF, and Fairfax EggBank. Mergers, acquisitions, and collaborations are some of the key strategies adopted by players to strengthen their presence in the market. For instance, in February 2017, Instituto Valenciano de Infertilidad (IVI) announced its foray in the U.S. by entering into an agreement to merge with Reproductive Medicine Associates of New Jersey, LLC (RMANJ). This agreement was aimed at making IVI-RMA Global the world’s largest group of assisted reproduction.

Full Research Report On U.S. Donor Egg IVF Services Market Visit Here: https://www.grandviewresearch.com/industry-analysis/us-donor-egg-ivf-services-market

Further key findings from the study suggest:

• Presence of a large number of egg banks and fertility clinics, technological advancements, improvement in success rates, slightly dropped treatment costs in recent years, and rising infertility in the U.S. are the key driving factors
• Initiatives by egg banks and fertility clinics to meet the demand is expected to boost the U.S. donor egg IVF services market. For instance, in April 2016 Donor Egg Bank USA launched the Frozen Egg Bank Network. This new company guides women in egg freezing fertility practices and services
• Based on type, the frozen segment accounted for the largest share in the market in 2018. This can be attributed to the fact that they are more affordable than fresh eggs. They are also easier to ship and use according to the schedule of the recipient as they have already been retrieved from screened donors
• Key players offering these services in the U.S. market include Egg Donor America, MyEggBank, Extraordinary Conceptions LLC, Beverly Hills Egg Donation, Donor Egg Bank USA, Premier Egg Donors, American Surrogacy Center, and Surrogacy4all.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Growing Incidence Of Periodontal Diseases In Pets Is Expected To Drive Veterinary Dental Equipment Market Growth

The global veterinary dental equipment market size is expected to reach USD 580.1 million by 2026, according to a new report by Grand View Research, Inc., exhibiting a 7.7% CAGR during the forecast period. Growing incidence of periodontal diseases in pets is expected to drive growth over the forecast period. Moreover, increasing companion ownership in developing economies is propelling the market. According to a 2017 American Veterinary Medical Association report, around 46% of U.S. households had various types of pets.

Technological advancements and new product launches by key industry players are anticipated to create growth opportunities. For instance, introduction of mobile x-ray units for diagnosis in intensive care units and increase in number of shelters for homeless animals are likely to drive the market for dental x-ray systems over the coming years. Moreover, increase in disposable income and awareness among pet owners regarding their pet’s health is fueling growth.

Full Research Report On Veterinary Dental Equipment Market Visit Here: https://www.grandviewresearch.com/industry-analysis/veterinary-dental-equipment-market

Further key findings from the study suggest:

• On the basis of products, equipment held the major share in 2018, owing to a broader usage aspect and advantages of newer products
• Dental x-ray systems held the largest share within the equipment segment as of 2018, owing to advantages over oral examination such as increased accuracy
• By animal type, small animals are expected to show the fastest growth over the coming years. This is due to increasing expenditure on the healthcare of companion animals and untapped opportunities in developing economies
• Hospitals & clinics acquired the major revenue share in 2018, as an end-use segment, and is expected to grow at the fastest CAGR
• The Asia Pacific is expected to emerge as the fastest-growing region in the veterinary dental equipment market. The U.S. currently has the highest number of companies, which has contributed to the large share held by North America
• Im3 Pty Ltd, Henry Schein, Dentalaire, Midmark Corporation, Dispomed are some of the major players.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Cardiovascular & Soft Tissue Repair Patches Market Growth & Trends

The global cardiovascular and soft tissue repair patches market size is expected to reach USD 5.71 billion by 2025, at a CAGR 8.2 % over a forecast period, according to a new report by Grand View Research, Inc. Increasing application of these patches in medical procedures and sports injuries and rising prevalence of heart defects such as atrial septal defect and ventricular septal defect are some of the factors driving the demand.

Growing prevalence of Cardiovascular Diseases (CVDs) is one of the key market drivers. According to the American Heart Association, cardiovascular diseases accounted for nearly 800,000 deaths in the U.S. in 2017. Moreover, the prevalence of heart attacks is significantly high in the country. Nearly, 790,000 U.S. adults suffer from heart attack each year. Coronary heart diseases account for the majority of CVD deaths followed by heart attack and stroke. High prevalence of such diseases is anticipated to create lucrative growth opportunities for the market.

Growing prevalence of hernia is also one of the key market drivers. Key risk factors for hernia are abdominal surgery, heavy weight lifting, chronic cough, constipation, ascites (fluid in abdomen), and other conditions that increase pressure on the intra-abdominal region. Furthermore, nerve damage, loss of tissue strength, and genetic factors lead to weakening of muscles. Congenital hernia is due to residual embryological channel defect and family history. According to a survey, in 2016, around 20 million repairs of inguinal hernia were carried out each year across the globe. Thus, the demand for these patches in healing the wounds post operation is anticipated to grow significantly over the years.

Full Research Report On Cardiovascular & Soft Tissue Repair Patches Market Visit Here: https://www.grandviewresearch.com/industry-analysis/cardiovascular-soft-tissue-repair-patches-market

Cardiovascular & Soft Tissue Repair Patches Market Report Highlights

• In 2018, soft tissue repair held the largest market share in terms of revenue owing to the increasing prevalence of hernia
• Cardiac repair segment is expected to witness rapid growth over the forecast period owing to high prevalence of congenital heart diseases coupled with improving treatments globally
• ePTFE segment accounted for the largest revenue share of raw materials in 2018 however biomaterial and tissue engineered materials segment is expected to register the fastest CAGR over the forecast period
• In 2018, North America held the largest revenue share due to high prevalence of diseases and easy access of treatment alternatives
• Asia Pacific is expected to emerge at the fastest CAGR over the forecast period owing to growing prevalence of congenital heart diseases and hernia
• Key players operating in the cardiovascular and soft tissue repair patches market include Edwards Life Sciences; Cryolife; Baxter; Bard Peripheral Vascular Inc.; and W.L.Gore & Associates.

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