Global Factors and Perspective of the Alternative Healthcare Providers Market

Complementary or Alternative medicine(CAM) refers to different medical therapies and systems outside of conventional healthcare to improve and treat the mental and physical illness.CAM therapies are based on the knowledge, practices and skills derived from theories, experiences and philosophies to improve and maintain health, as well as to diagnose, prevent, and treat various disorders. Alternative healthcare providers offer a variety of medical and healthcare systems, products and practices used by patients without medical supervision. CAM therapies are particularly used by people with chronic illnesses and pain, such as liver disease, diabetes, osteoporosis, and cancer. Alternative system of healthcare include Ayurveda, unani medicines, yoga, acupuncture, homeopathic medicines and others systems of healthcare.

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Complementary or Alternative medicine can be categorized on the basis of
Intervention

• Alternative medical systems
• Mind-body interventions
• Biologically based therapies
• Physical manipulation
• Energy therapies.

Types

• Ayurveda
• Yoga
• Naturopathy
• Homeopathy
• Unani
• Siddha
• Acupressure
• Acupuncture
• Others

Now a days, people are evidently looking for more gentle and natural methods of healing and thus are increasingly supporting different types of CAM therapies within existing healthcare systems that will subsequently lead to the growth of alternative healthcare providers market. According to an article published by the EUROCAM, an association of European CAM organizations, currently, CAM is practiced by around 145,000 doctors trained in conventional medicine and a particular CAM modality. The rising awareness and interest of healthcare professionals in CAM therapies is expected to drive the market of alternative healthcare providers market. Moreover, the World Health Assembly, the supreme decision-making body of the World Health Organization WHO has urged its member states to integrate CAM and traditional medicine within national healthcare system. This would further boost the market for alternative healthcare providers.

The global alternative healthcare providers market is witnessing an admirable growth due to medical advancements, high number of research activities in this segment and increasing prevalence of chronic diseases. The increasing prevalence of different cancers in developed as well as developing countries has resulted in a significant growth in alternative healthcare providers market. According to WHO, 14.1 million new cases of cancer were observed and 8.2 million deaths occurred throughout the world in 2012. This significant rise in cancer incidence has driven the growth of CAM therapies. However, lack of awareness and unregulated market may hinder the growth of alternative healthcare providers market.

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In terms of geography, alternative healthcare providers market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East. Among these regions, North accounts for the largest share of alternative healthcare providers market due to increasing awareness about various CAM therapies among people and rising prevalence of chronic disorders such as diabetes, hypertension and cancer. Europe accounts for the second largest market for alternative healthcare providers owing to high acceptability of various CAM therapies, rising incidence chronic diseases and high disposable income. However, Asia Pacific market is expected to witness positive growth due to high rate of development in healthcare industry, rising demand for herbal and natural medicines and growing medical tourism industry.

The global alternative healthcare providers market is highly fragmented due to the participation of mid-sized and small sized manufacturers. Some of the major players in alternative healthcare providers market includes Allen Labratories Ltd. Baidyanath Herbal, Dabur Limited, Hamdard Laboratories, Medisynth Ch. Pvt. Ltd., and SBL Homeopathy Medicines.

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Home Rehabilitation Products and Services Market Trends and Forecast 2015 - 2023

According to a new market report published by Transparency Market Research (www.transparencymarketresearch.com) “Home Rehabilitation Products and Services Market - Global Industry Analysis, Size, Share, Growth,Trends and Forecast, 2015 - 2023” the global home rehabilitation products and services market was valued at USD 84,233.8 million in 2014 and is estimated to reach a market worth USD 176,145.0 million in 2023 increasing at a CAGR of 8.5% from 2014 to 2020.

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Recent estimates provided by the WHO stated that around 13% of the world’s population was obese in 2014 and the global prevalence of obesity expanded by more than double from 1980 to 2014. Thus, rising number of people diagnosed with chronic conditions increases the uptake of various home care medical solutions such as rehabilitation devices, diabetes supplies, body support devices, and mobility assistive devices. Rehabilitation programs are measures that help people suffering from disabilities due to musculoskeletal conditions, amputations, and drug abuse, by improving, maintaining, and restoring physical strength and mobility. Home rehabilitation products comprise positioning devices, body support devices, general aids, wheel chairs, and others (walkers, canes, crutches, arm and shoulder slings, etc.). A rise in the number of individuals with disabilities, an expanding age group at higher risk of developing chronic conditions, and a baby-boomer generation that is approaching the most susceptible age for cardiovascular diseases, chronic conditions, and stroke, are expected to increase demand for physical therapists (PTs) and occupational therapists (OTs) and subsequently cardiac and physical rehabilitation equipment.

Chronic diseases such as arthritis, cancer, acquired immunodeficiency syndrome (AIDS), chronic obstructive pulmonary disease (COPD), stroke, and respiratory diseases are major health concerns worldwide. Home health care devices and services serve prominent alternatives for diagnosis, treatment, and management of these diseases. Rising prevalence of chronic diseases coupled with an aging population supports the growth of the home rehabilitation products and services market during the forecast period. Furthermore, the American Diabetes Association estimated that one in every three adults in the U.S. would have diabetes by 2050. Increasing number of people diagnosed with such diseases drives demand for home health care medical devices and services, which would in turn boost demand for rehabilitation equipment.

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Positioning devices, body support devices, general aids, wheelchairs and others (resistance bands, therapy putty, pulley products, walkers, canes, crutches, arm, and shoulder slings) collectively form the home rehabilitation products market. Among these products, wheelchairs accounted for the largest market share and is expected to lead the position during the forecast period. Rising incidence of mobility disabilities and increasing geriatric population are the major factors driving the mobility assist devices market for home rehabilitation. By services, the market has been segmented into physical therapy services, occupational therapy services, speech therapy, respiratory therapy services, and other therapies (drug rehabilitation, balance therapy, aquatic therapy, etc.). Among these, physical therapy services accounted for the largest market as these services are increasingly availed by the elderly for the treatment of conditions such as arthritis, hip and joint replacements, and osteoporosis. Moreover, physical therapy is provided only by, or under the direction and supervision of, a physical therapist/physiotherapist that includes evaluation, prognosis, examination/assessment, diagnosis, plan of care/intervention, and re-examination.

Key organizations studied and profiled in this study include AliMed, Inc., Active Medical & Rehabilitation Services Pvt. Ltd., DJO Global, Inc., ergoline GmbH, Ekso Bionics Holdings, Inc., Hocoma AG, Invacare Corporation, Medline Industries, Inc., Prism Medical Ltd., Patterson Medical Holdings, Inc., RehabCare, Stryker Corporation, and TecnoBody S.r.l. These players collaborate with rehabilitation agencies, clinics, and various other organizations through long-term agreements in order to provide innovative home rehabilitation devices and services.

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The global home rehabilitation products and services market has been segmented as follows:

Home Rehabilitation Products and Services Market, by Products

• Positioning Devices
• Body Supports Devices (Lumbosacral, Cervical, Knee/Ankle/Arm/Shoulder support, etc.)
• General Aids (Bathroom Aids, Bedroom Aids, etc.)
• Wheel Chairs
• Others (Walkers, Canes, Crutches, Arm and Shoulder Slings, etc.)

Home Rehabilitation Products and Services Market, by Services

• Physical Therapy Services
• Occupational Services
• Speech Therapy Services
• Respiratory Therapy Services
• Others

Home Rehabilitation Products and Services Market, by Geography
North America

• U.S.
• Canada

Europe

• Germany
• U.K.
• Rest of Europe

Asia Pacific

• Japan
• China
• Rest of Asia Pacific

Latin America (LATAM)

• Brazil
• Rest of LATAM

Middle East and Africa (MEA)

• Saudi Arabia
• South Africa
• Rest of MEA

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Remote Patient Monitoring Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

The global remote patient monitoring devices market is a rather new solution provided by the healthcare industry, owing to unique technological advancements that allow the dispensing of quality healthcare to patients who, for whatever reason, are away from a healthcare facility. Another name for remote patient monitoring is homecare telehealth. The basic concept of the global remote patient monitoring devices market involves the use of an ambulatory service that lets a patient use a medical device in a mobile manner to perform routine tests and diagnostic procedures. The procedures are all performed by a trained healthcare professional. The operative word to be used for the global remote patient monitoring devices market is “real-time”, which is the focus of all RPM services.

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The Advantages of a Revamped Healthcare Sector

Of the many benefits provided by the global remote patient monitoring devices market, the most crucial one has to be the significant reduction in waiting time for patients. Remote patient monitoring uses electronic medical records and quick-response communication systems, thereby allowing medical professionals to act immediately on any case and provide the best solution that can be arranged. This also means a decent cut in the number of hospital visits that a patient has to make. All the tests and diagnostics that can be performed on a mobile floor can be done through the global remote patient monitoring devices market. Other advantages of the market include enhanced data recording at regular intervals and for prolonged periods, increase in accuracy of results, cost reduction for patients, and easy access to a patient’s historic data.

Old Drivers for a New Market

One demographic segment that is in utter need of the global remote patient monitoring devices market is the geriatric group. Their currently growing numbers can mean only one thing for this market: higher demand. The rising geriatric population around the world, and especially in North America, is in need of constant medical assistance for problems like bone disorders and cardiac diseases. In fact, the number of patients who need care in terms of cardiac diseases is increasing rapidly enough to create a large uptake of heart monitors that will be used by the global remote patient monitoring devices market. Another factor set to drive the market is the rising prevalence of chronic diseases, including diabetes, blood pressure issues, and cardiovascular problems.

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North America and the impact of the PPACA

From a geographical perspective, the global remote patient monitoring devices market is dominated by North America. The region faces an already large number of patients with cardiovascular and respiratory issues; a number that is still on the rise. Now, with the initiation of the Patient Protection and Affordable Care Act (PPACA), which was created under the Hospital Readmissions Reduction Program, the U.S. government can impose a penalty to any hospital with high readmission numbers. The Act lets the government penalize a hospital for 1% of the Medicare payment per patient for all readmissions into hospitals. The penalty must be paid within 30 days as of 2013. Therefore, to reduce the number of readmissions, healthcare organizations in the U.S. are using aspects of the global remote patient monitoring devices market.

All in all, the global remote patient monitoring devices market, with its acutely high CAGR of 14.2% from 2014 to 2020, is set to show major growth. The market was already worth US$0.38 billion in 2013, and with its many market drivers, is expected to reach a high net worth of US$0.98 billion by the end of 2020. This spells good news for all the existing players and the new entrants of the global remote patient monitoring devices market, whose innovative leads are critical to the market’s growth.

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Medical Imaging Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Modern and technologically advanced imaging techniques and equipment have aided the diagnosis of even complex diseases such as Parkinson’s and Alzheimer’s. Sophisticated medical imaging equipment are not only non-invasive in nature but also deliver accurate and speedy diagnosis.

Factors such as rising incidence of target diseases, expanding percentage of geriatric population, technological advancements, and increasing initiatives by government and private bodies have contributed to the overall growth of the global medical imaging equipment market. In addition, rise in disposable income and growing patient pool in emerging economies is likely to boost the demand for medical imaging equipment in the near future.

In contrast, excise duty imposed on the sale of medical devices in the U.S. and low patient adoption rate for conventional MRI and CT scanners are expected to restrict the growth of the medical imaging equipment market.

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CT Scanners, Nuclear Imaging Equipment Fastest Growing Product Segments

On the basis of product type, the medical imaging equipment market is categorized into computed tomography (CT) scanners, x-ray devices, magnetic resonance imaging (MRI) equipment, ultrasound systems, and nuclear imaging equipment.

Being the oldest form of imaging technique and also most popular in terms of patient comfort, x-ray devices held the largest share of the medical imaging equipment market in 2012. On the other hand, CT scanners and nuclear imaging equipment are both anticipated to record the highest CAGR of 5% from 2013 to 2019 due to increasing global prevalence of different types of cancers.

X-ray Devices Emerge as Largest Technology Segment

The medical imaging equipment market, by technology, is immensely fragmented. The x-ray devices market is segmented into computer radiography (CR), analog, and digital radiography (DR). CT scanners are broken down into high, medium, and low-slice scanners. Ultrasound systems include technologies such as Doppler, 2D imaging, 3D imaging and 4D imaging, lithotripsy, and HIFU. MRI equipment is segmented into low, medium, and high-field. Nuclear imaging equipment includes technologies such as positron emission tomography (PET) and single photon emission computed tomography (SPECT).

Technology-wise, the x-ray devices segment held the largest share of the overall medical imaging equipment market, while the segments of CT and nuclear imaging equipment are anticipated to register the highest growth rate by 2019.

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North America Most Dominant Region, Asia Pacific Fastest Growing One

Geographically, the medical imaging equipment market is segmented into North America, Asia Pacific, Europe, and Rest of the World. While North America dominates the global market in terms of size, Asia Pacific is anticipated to be the fastest growing regional market for medical imaging equipment by 2019. Factors such as rising geriatric population, advancement in healthcare infrastructure, and development of medical tourism are expected to support the Asia Pacific medical imaging equipment market to register a growth rate of over 5% from 2013 to 2019.

The consolidated nature of the global medical imaging equipment market is reflected in the fact that the top three players together account for almost 50% of the overall market. Some of the prominent names in the medical imaging equipment market are GE Healthcare Ltd., Samsung Medison Co. Ltd., Carestream Health, Inc., Toshiba America Medical Systems Inc., Shimadzu Corp., Philips Healthcare, Hologic Inc., Hitachi Medical Corp., Fonar Corp., Fujifilm Holdings Corp., Genesis Medical Imaging Inc., and Siemens Healthcare.

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Osteosynthesis Devices Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023

According to a new market report published by Transparency Market Research “Osteosynthesis Devices Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023”, the global osteosynthesis devices market was valued at USD 6.2 billion in 2014 and is estimated to reach USD 11.1 billion by 2023 at a CAGR of 6.2% from 2015 to 2023.

Osteosynthesis is a surgical procedure with an open or percutaneous approach to the fractured bone. The global osteosynthesis devices market is witnessing strong growth due to demand for better facilities in orthopedic trauma surgeries, rising prevalence of osteoporosis, and increasing investments by governments and multinational companies. Rising cases of road accidents coupled with injuries due to sports, falls, and violence are boosting demand for osteosynthesis devices.

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North America was the largest market for osteosynthesis devices in 2014 due to high acceptance of novel technologies, organized reimbursement facilities, government initiatives, and market leaders established in the region. Affordability toward high priced devices and large customer base have fueled market growth in the region. According to the American Association of Orthopaedic Surgeons (AAOS), Medicare spends around USD 20 billion on implants each year, 50% of these are for orthopedic procedures. The U.S. is the most lucrative market for osteosynthesis device, hence various manufacturers are keen to enter the country with cost-effective alternatives to branded osteosynthesis devices.

he European Union is also engaged in promoting novel therapies for trauma fixation devices. Europe was the second largest market for osteosynthesis devices in 2014 due to factors such as rising incidence of injuries including fall, accident, sports, and occupational. Moreover, technological advancements and designs of osteosynthesis devices along with the use of various new, efficient constituent materials including biodegradable materials are likely to propel the market growth of the osteosynthesis devices market in Europe.

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The osteosynthesis devices market in Asia Pacific is anticipated to expand at the fastest growth rate during the forecast period from 2015 to 2023. The market in the region is characterized by low production cost across a majority of industry verticals. The region is also developing as a center of medical tourism attracting patients from across the globe for expensive treatments such as spinal fusion and large joint replacement. Due to the low cost nature of these treatments, Asia has been a location of choice for patients suffering from various orthopedic surgeries. Japan is the largest market for osteosynthesis devices in Asia in terms of revenue, while other countries contributing to this market are China and India. Brazil is identified as an upcoming market in Rest of the World. Large and highly concentrated patient pool coupled with favorable regulatory amendments has compelled several osteosynthesis device manufacturers to venture into Brazil.

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The global osteosynthesis devices market is segmented as given below:

Global Osteosynthesis Devices Market, by Material
Degradable Material
Non-degradable Material
Global Osteosynthesis Devices Market, by Device Type
Internal Fixation Devices

• Screws and Plates
• Wires and Pins
• Intramedullary Rods and Nails
• Spinal Fixation Devices

External Fixation Devices

Fracture Fixation Devices

• Radius Fracture Fixation Devices
• Tibial Fracture Fixation Devices
• Pelvis Fracture Fixation Devices

Bone Lengthening Devices
Ilizarov Devices
Global Osteosynthesis Devices Market, by Geography
North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• Rest of Europe

Asia-Pacific

• China
• Japan
• Rest of Asia Pacific

Latin America

• Brazil
• Rest of Latin America

Rest of the World (RoW)

Saudi Arabia Defibrillators Market - Industry Analysis, Size, Volume, Growth, Trends and Forecast 2014 - 2020

This Defibrillators are critical life saving devices that are successfully used to save millions of lives across globe. This report provides in-depth analysis of defibrillators market in the Kingdom of Saudi Arabia. Stakeholders for this report include manufacturers of defibrillation products, raw material suppliers, government agencies and regulatory bodies. The Saudi Arabia defibrillators market has been studied from two perspectives: by products and by end users. In terms of products the study includes advanced life support devices (ALS) and automated external defibrillators. Whereas, the end users segment encompasses hospitals, public access defibrillators and business workplace. A detailed market analysis and forecast for each of these segments have been provided in this study in terms of market revenue (USD million) for the period from 2012 to 2020. The report also provides compounded annual growth rate (CAGR %) for each of these segments for the forecast period from 2014 to 2020, considering 2012 and 2013 as historical and base years, respectively.

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The market overview section of the report demonstrates major market dynamics such as drivers, restraints and opportunities that influence the current and future status of this industry. The overview section also includes Porter’s Five Forces analysis and impact analysis of key industry events to provide a thorough analysis of the overall competitive scenario in the Saudi Arabia defibrillators market. The report also provides important recommendations for market players and new entrants. These recommendations would enable existing market players to expand their market share and help new companies establish their presence in the Saudi Arabia defibrillators market. The report concludes with company profiles section, which includes key information about major players in the market such as financial overview, business strategies, and recent developments.

The key players mentioned in the report include Biotronik SE & Co. KG, Defibtech, LLC, GE Healthcare, HeartSine Technologies, Inc., Cardiac Science Corporation, Mindray Medical International Ltd., Nihon Kohden Corporation, Philips Healthcare, Physio-Control, Inc., Schiller AG, and Zoll Medical Corporation.

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The Saudi Arabia defibrillators market is segmented as follows:

• Saudi Arabia Defibrillators Market, by Product Type
• Automated External Defibrillators (AEDs)
• Advanced Life Support (ALS) Defibrillators

Saudi Arabia Defibrillators Market, by End-users

• Hospitals
• Public Access Defibrillators
• Emergency Medical Services
• Business Workplaces

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Global Report on Multi-parameter Patient Monitoring Equipment Market

This report on the multi-parameter patient monitoring equipment market studies the current and future prospects of the global market. Multi-parameter patient monitoring enables monitoring of patient’s health and assists medical practitioners in deciding the treatment regimen as well as track the disease progression during treatment. Multi-parameter patient monitoring is effective in the management of post-acute care and chronic disease. Geriatric population is observed to be at a high risk of chronic diseases such as diabetes, hypertension, cardiovascular diseases and respiratory diseases. Thus, rising geriatric population propels the prevalence of chronic diseases leading to accentuate the growth of multi-parameter patient monitoring equipment market globally.

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The multi-parameter patient monitoring equipment market report comprises an elaborate executive summary, which includes a market snapshot that provides information about various segments and sub-segments of the market. It also provides information and data analysis of the global multi-parameter patient monitoring equipment market with respect to market segments based on the type of acuity levels, end-users and their geographic analysis.

Based on acuity levels, the multi-parameter patient monitoring equipment market has been segmented into three major categories: high-acuity, mid-acuity, and low-acuity monitors. Based on end-users, the market has been categorized into two segments: hospital and home health care. The market segments have been extensively analyzed based on usefulness, efficacy, revenue, and geographical coverage. The market size and forecast in terms of USD million for each segment has been provided for the period from 2013 to 2023. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2015 to 2023, considering 2014 as the base year.

Geographically, the global multi-parameter patient monitoring equipment market has been categorized into six major regions: North America, Europe, Asia Pacific, Latin America, and Middle East and Africa (MEA). The market size and forecast for each of these regions has been provided for the period from 2013 to 2023, along with their respective CAGRs for the forecast period from 2015 to 2023, considering 2014 as the base year. The research study also covers the competitive scenario in these regions. A detailed qualitative analysis of factors responsible for driving and restraining the growth of the market and future opportunities has been provided in the market overview section. This section of the report also provides market attractiveness analysis, value chain analysis, Porter’s Five Forces analysis, and market share analysis by key players, thus presenting a thorough analysis of the overall competitive scenario in the global multi-parameter patient monitoring equipment market.

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A list of recommendations has been provided for new entrants as well as existing market players to assist them in taking strategic initiatives to establish a strong presence in the market. The report also profiles major players in the multi-parameter patient monitoring equipment market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major players profiled in this report include Philips Healthcare, GE Healthcare, Drägerwerk AG & Co. KGaA, Nihon Kohden Corporation, Spacelabs Healthcare, CAS Medical Systems, Inc., CONTEC MEDICAL SYSTEMS CO., LTD., Guangdong Biolight Meditech Co., Ltd., Mindray Medical International Limited, and Schiller AG.

The global multi-parameter patient monitoring equipment market has been segmented as follows:

Multi-Parameter Patient Monitoring Equipment Market, by Acuity-level

• High-acuity Monitors
• Mid-acuity Monitors
• Low-acuity Monitors

Multi-Parameter Patient Monitoring Equipment Market, by End-users

• Hospitals
• Home Health care

Multi-Parameter Patient Monitoring Equipment Market, by Geography

• North America
• Europe
• Asia Pacific
• Latin America (LATAM)
• Middle East and Africa (MEA)

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Therapeutic Respiratory Devices Market - Global Industry Analysis,Trends And Forecast 2015 - 2023

Therapeutic respiratory devices (TRDs) are meant for therapeutic usage to improve pulmonary function, boost lung oxygenation and aid mucus removal from bronchi during respiratory therapy. TRDs can be of various types such as positive expiratory pressure (PEP) TRDs, oral high frequency oscillation (OHFO) TRDs, intra-pulmonary percussive ventilation (IPV), incentive spirometry (IS) TRDs, high-frequency chest wall oscillation (HFCWO) TRDs, oxygen concentrators (OCs) and others. Other TRDs may include ventilators,nebulizers, inhalers, flutters, acapella, and cornets. In addition, there are several pediatric TRDs which are specifically utilized in facilitating and regulating respiration among infants during post natal care, especially in the case of premature or small for date babies, post-partum complications, etc.

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The demand for TRDs is on the rise due to high prevalence of respiratory diseases like asthma and chronic obtrusive pulmonary diseases (COPD). Moreover, these devices are expected to witness high growthdue to a number of factors such as high rate of cigarette smoking, high pollution levels and heightened vulnerability to air borne infections, and accidents causing chest and nasal injuries which lead to respiratory complications. Currently, the market for home based light-weight, potable and rechargeable battery operated TRDs is expected to grow at arapid pace as therapies. Certainly, these features will aid in the development of modern devices that will be preferred over conventional devices that required specialists and large number of hospital visits. The new and advanced TRDs will be highly valued in the therapeutic respiratory devices market as these TRDs are being increasingly utilized during post-operative patient care.

TRDs can be classified on the basis of their technique and the therapeutic needs. The PEP TRDs allow air pressure to enter peripheral airways and reach behind secretions via collateral channels, by pushing them towards larger airways where secretions can be expelled in order to prevent alveoli collapse. OHFO TRDs are based on the technique of high frequency jet ventilation that supplement breathing where intubation should be avoided among conscious patientswho have acute or chronic respiratory failure. IPV TRDs are applied through a mouthpiece providing a combination of internal thoracic percussion with aerosol inhalation. IS TRDs use a spirometer to either increase or maintain inhaled lung volume and sputum exploration to prevent lung infections post-surgeries.

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HFCWO TRDs are mechanical devices such as ThAIRapy bronchial drainage system, Hayek oscillator where positive pressure air pulses are applied via inflatable vest to the chest wall. Oxygen concentrators deliver therapeutic oxygen in home, hospital, and clinical settings though equipment like face mask, nasal cannula, oxygen regulator &trans-tracheal devices.

Other major TRDs include nebulizers & inhalers which clear airway passages, flutterswork on the principle of exhalation where flutter valves make high frequency steel ball bearing oscillations that result in mucus expectoration. Acapella is a handheld TRD which is used for airway clearance, it also operates on the same principle. Similarly, cornet is another TRD which can be used in any position and is majorlyutilized in European nations and not in U.S.Geographically, PEP TRDs were first introduced in the U.S to substitute conventional TRDsand currently PEP TRDs comprise the largest market share among different forms of TRDsall over the world. However, there is a steady demand for other TRDs such as ventilators, and oxygen concentrators that are in continual use in critical care globally.

Some of the key players operating in the TRDs market include CareFusion Corporation,Covidien plc (Medtronic plc), Drägerwerk AG, Fisher & Paykel Healthcare, GE Healthcare, Inogen, MAQUET Holding B.V. & Co. KG (Getinge Group), Nihon Kohden Corporation. Philips Respironics, Siemens Healthcare,Smiths Medical, andTeleflex Incorporated.

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Angioplasty Balloons Market expected to reach USD 2.54 Billion in 2023

Balloon angioplasty is a minimally invasive procedure that widens the obstructed blood vessels. This report is on global angioplasty balloons studies the current and future prospects of the market. The report comprises an elaborate executive summary, which includes a market snapshot that provides overall information of various segments and sub-segments included in the study. This section also provides the overall information and data analysis of the global angioplasty balloons market with respect to the leading market segments based on type of balloons, material used, and geography.

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The market overview section of the report includes qualitative analysis of the overall angioplasty balloons market considering the factors determining the market dynamics such as drivers, restraints and opportunities, along with Porter’s Five Forces analysis and market attractiveness analysis. In addition, various analyses such as market attractiveness analysis, by geography and competitive landscape, by key players has also been provided. The market attractiveness analysis is provided in order to explain the intensity of competition in the market in different geographies. The competitive scenario between different market players is evaluated through market share analysis in the competitive landscape section of the report. All these factors would help the market players to take strategic decisions in order to strengthen their positions and expand their shares in the global market.

The global angioplasty balloon market has been segmented on the basis of product type, material, and geography. Based on product type, the angioplasty balloons market has been categorized into four major segments: normal balloon, drug eluting balloon, cutting balloon, and scoring balloon. On the basis of material, the global angioplasty balloon market has been majorly segmented into two types: non-compliant balloon, and semi-compliant balloon. Market revenue in terms of USD million for the period between 2013 and 2023 along with the compound annual growth rate (CAGR %) from 2015 to 2023 are provided for all the segments, considering 2014 as the base year.

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Geographically, the angioplasty balloon market has been categorized into six regions: North America, Europe, Asia-Pacific, Latin America, Middle East and North Africa, and Rest of the World (RoW). North America comprises the U.S. and Canada. Europe comprises Germany, the U.K., and Rest of Europe. Asia-Pacific comprises China, India, and Rest of Asia-Pacific. Latin America comprises Brazil, Mexico, and Rest of Latin America. Middle East and North Africa comprises Saudi Arabia, the United Arab Emirates and Rest of MENA. The recommendations section included in the report would assist existing players to expanding their market share and new companies in establishing their presence in the angioplasty balloon market. The report also profiles major players in the angioplasty balloons market on the basis of various attributes such as company overview, financial overview, business strategies, product portfolio, and recent developments. Major players profiled in this report include Abbott Laboratories, Inc., BIOTRONIK SE & CO. KG, Boston Scientific Corporation, Cook Medical, Cordis Corporation, C. R. Bard, Inc., ENDOCOR GmbH, Medtronic plc, Opto Circuits (India) Limited, NATEC Medical, Spectranetics Corporation.

The global Angioplasty Balloons market is segmented as follows:

Global Angioplasty Balloons Market, by Balloon Type
Normal Balloon
Drug coated Balloon
Cutting Balloon
Scoring Balloon
Global Angioplasty Balloons Market, by Material
Non-compliant Balloon 
Semi-compliant Balloon
Global Angioplasty Balloons Market, by Geography
North America
U.S.
Canada
Europe
U.K.
Germany
Rest of Europe
Asia Pacific
China
India
Rest of Asia Pacific
Latin America (LATAM)
Brazil
Mexico
Rest of LATAM
Middle East North Africa (MENA)
Saudi Arabia
United Arab Emirates
Rest of MENA

Rest of the World (RoW)

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