Showing posts with label Market Size. Show all posts
Showing posts with label Market Size. Show all posts

Monday, 26 September 2016

Continuous Glucose Monitoring Market Outlook and Forecast up to 2019

Continuous glucose monitoring systems (CGMS) are portable and real-time glucose monitoring systems employed for glucose level measurement from time to time from the body of a patient. These systems make use of a wireless technology for the transmission of glucose readings which are taken from the interstitial fluid of the skin cells of the patient, unlike the measurement of glucose levels present in the blood which happens in case of blood glucose meters. The swiftly increasing diabetic population globally has substantially raised the preference for effectual diabetes management systems.
Transparency Market Research (TMR), a market intelligence company, studies the continuous glucose monitoring market in detail. It provides the reasons behind their increased demand and the type of devices leading the market.
Research Report:
Q. Why are CGMS gaining popularity over the conventionally utilized glucose monitoring systems?
The utilization of CGMS is immensely rising and they are overtaking the conventionally utilized glucose monitoring systems owing to them being user friendly, more accurate, and their provision of presenting access to real-time trends and values. In addition, continuous glucose monitoring systems aid in the management of diabetes, particularly in patients having diabetes I and also aid in lowering long-terms complexities related to diabetes. Furthermore, the increasing technological innovations are also amongst the prime factors behind the increasing employment of these systems, making the control and management of diabetes mellitus relatively simpler. The early identification of hypoglycemic and hyperglycemic levels by the utilization of CGMS devices will also fuel their demand over other types of blood glucose monitoring systems.
Q What are the key opportunities and which factors may negatively impact the growth of the market?
There are numerous growth opportunities in the market as a number of companies have made investments in the research and development of CGMS, thus making the management and control of diabetes easier. For instance, Dexcom, Inc. has developed the next generation disposable continuous glucose monitoring device and it will be introduced in the market by 2021. This launch will positively impact the growth of the market. In addition, the artificial pancreas’ approval, which makes the utilization of CGMS mandatory has also emerged as a key opportunity in the global continuous glucose monitoring devices market. However, the dearth in the reimbursement options and the strict regulatory norms in some nations are amongst the crucial factors impeding the growth of the continuous glucose monitoring market.
Q. Which device/brand and region have dominated the market?
The segment of Guardian Real Time CGM System led the market in 2012 and was trailed by Dexcom Seven Plus CGM system. On the other hand, in the forecast horizon between 2013 and 2019, the development of the segment of FreeStyle Navigator will witness immense growth.
Geographically, North America held a dominant share in the market for CGMS on the basis of revenue in 2012. This is due to the increasing geriatric population, the increasing obesity, and the growing acceptance of cutting-edge devices in this region. North America was trailed by Europe, which was further followed by Asia Pacific, constituting the third position in the market. In addition, Asia Pacific is predicted to hold the most lucrative opportunities in the growth of the market in forthcoming years.

Tuesday, 17 May 2016

How to Invest in Medical Billing Outsourcing Market

Transparency Market Research, a leading market intelligence agency, has compiled many reports under the category of healthcare IT, among many others. “Medical Billing Outsourcing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2023” is a title that falls under this industry category and will provide users with an analysis of the most recent market activity.
Most of the key investments in the global medical billing outsourcing market have always come from government organizations. This is due to the stringent regulatory framework established around this market, which is forcing companies to look for solutions to having an in-house billing team. This rising regulation-based pressure on healthcare organizations is causing key players to rethink their finance allocation structures to make them as cost-effective and functional as possible. The global medical billing outsourcing market thus provides the perfect opportunity for these organizations in reducing their overall expenses.
The rising geriatric population is creating an increased demand for healthcare services around the world. This applies especially to developed nations, where there is a much higher percentage of citizens above 65 years. This, coupled with the surging healthcare expenditure and the complex modern healthcare infrastructure in developed economies, is creating the urgent need for cost-effective solutions for the regions of North America and Europe. As a result, a higher number of organizations are resorting to outsourcing a number of their practices, including billing.
Some of the restraints acting on the global medical billing outsourcing market today are the constantly changing regulatory structure across regions and the steady rate of data migration problems faced by client companies. This makes it complicated to provide standard services for vendors.
From the competitive perspective, the global medical billing outsourcing market is expecting an influx of small and mid-sized healthcare businesses looking to reduce their workload, office space, and overall costs. This is further compounded by the fact that multiple small and mid-sized healthcare organizations do not have the investments or the financial clout to set up their own IT departments. As a result, these organizations find the option of medical billing outsourcing far more feasible and are fast becoming a major driver of this market.
However, the overall pace of the global medical billing outsourcing market’s growth can be hindered by the lack of trust that organizations can place on vendor companies. The amount of trust that each company needs to place on vendors is exceptionally high and therefore any breach of contract can lead to severe consequences for the vendor, while also reduces the trust level that client companies show in the future.
The key players in the global medical billing outsourcing market are Genpact, Accenture, HCL Technologies, and Cognizant Technology Solutions.

Wednesday, 13 April 2016

Forensic Technologies Market - An Overview of Growth Factors

Medical_DevicesAs technology penetrates practically all walks of life, it is no surprise that solving crimes is driven by modern technologies and methods. Today scientists use retinal scanning, DNA tests, mass spectrometry, high-performance liquid chromatography, and other advanced technologies to reconstruct crimes and accidents. In the entire operative, right from the collection of evidence at crime site to presentation of investigated results in courts of law, forensic technology has dramatically improved the quality and precision of criminal investigations.
Of the several investigating methodologies, DNA profiling is extensively used and is expected to rise at a CAGR of 11% for the 2013-2019 period. DNA profiling is significant for crime investigations that are otherwise impossible to crack due to insufficient non-DNA-based evidence. Currently, DNA profiling is rising in demand rapidly, as law enforcement agencies are considerably dependent on this for criminal investigation.
Standardization of Processes to Lower Forensic Technologies Market Value in North America and Europe
Transparency Market Research states that the global forensic technologies market will expand at a CAGR of 12.4% between 2013 and 2019. This will result in the market’s valuation reaching US$17.7 bn by 2019, increasing from US$8.3 bn in 2012.
In terms of geography, North America and Europe are the leading markets for forensic technologies. In 2012, the global market was dominated by North America, which was closely followed by Europe, which resulted in the two regions accounting the majority share in the global market. This is because forensic technologies such as biometrics/fingerprints, DNA profiling, and firearms identification are a standard part of the criminal investigation procedure in these regions and are carried out through automated systems. Further standardization of processes will result in reduced expenditure on end-to-end crime analysis and a decline in the value of forensic services in these regions.
Adoption of Technology-based Criminal Investigation Rising in Asia Pacific, RoW Forensic Technologies Markets
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By the end of 2019, Asia Pacific and Rest of the World are expected to collectively hold a share of close to 60% in the global market. In these regions, several countries have initiated DNA database programs on a mass scale to be prepared for future eventualities. For instance, the Dubai police is investing heavily on building forensic technologies/services infrastructure and for purchasing hi-tech forensic equipment and supplies. Thus, the Middle East market will render attractive growth opportunities for forensic equipment providers. A multitude of other favorable factors will propel the growth of the forensic technologies/services market in these regions; hence, Asia Pacific and Rest of the World will garner a significant share in the global forensic technologies market going forward.
Top players that are involved in forensic technologies market globally are NMS Labs Inc., Spex Forensics, GE Healthcare Life Sciences, Pyramidal Technologies Ltd., LGC Forensics, and Eurofins Medigenomix GmbH.

Thursday, 7 April 2016

Global Breath Analyzers Market to Reach US$4.5 bn by 2019 owing to Rise in Number of Road Accidents

Breath AnalyzersTransparency Market Research has published a new report on the global breath analyzers market. As per the report, the global breath analyzers market is expected to progress from US$402 mn in 2012 to US$4.5 bn by 2019. The report, titled ‘Breath Analyzers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,’ states that the global breath analyzers market is predicted to expand at a 41.30% CAGR during the period from 2013 to 2019 due to factors such as the rise in the incidence of diseases due to increasing drug abuse and increase in the number of road accidents because of excessive alcohol consumption.
Breath analyzers are medical equipment used for estimating the alcohol content of a person from an exhaled breath. These devices were first introduced in the market way back in the 1940’s for the detection of alcohol in the human body. Advancements in research and development have now advanced the use of breath analyzers or breath testing devices in the medical and healthcare sector for accurate diagnosis. Breath testing devices work on the simple principle of the measurement of gases in an exhaled breath at a low concentration. Owing to their non-invasive, accurate, and quick diagnosis, breath analyzers have gained tremendous importance in the recent past.
As per the World Health Organization (WHO), around 2.5 million people die every year due to excessive alcohol consumption. 20% of drivers injured due to road accidents are found to have consumed alcohol. The rise in the number of road accidents due to drinking and driving has created growth opportunities for the global breath analyzers market.
Government support and the introduction of new breath analyzer devices are expected to accelerate the growth of the global breath analyzer market in the years to come. Considering the many advantages of breath testing devices, leading players are focusing on developing breath analyzer devices for the detection of various diseases such as tuberculosis, asthma, and others.
The global breath analyzers market is segmented on the basis of application, geography, and technology. Based on geography, the global breath analyzer market is divided into North America, Asia Pacific, Europe, and Rest of the World. In 2012, in terms of revenue, North America dominated the global breath analyzer market due to the growing number of people addicted to or regularly using alcohol. Europe is predicted to be the second largest market in the global breath analyzers market in the years to come.
By application, the global breath analyzers market is classified into alcohol detection, drug abuse detection, H. pylori infection detection, asthma detection, and tuberculosis detection. At present, the global breath analyzers market is dominated by the tuberculosis detection segment.
Some of the prominent players operating in the global breath analyzers market are Dragerwerk AG & Co, Intoximeters, Inc., Lifeloc Technologies, Inc., Alcohol Countermeasure Systems, Inc., and Quest Products. Based on technology, the global breath analyzers market is classified into infrared absorption fuel cell, and semiconductor sensor. Currently, the global breath analyzers market is led by the fuel cell technology.

Monday, 28 September 2015

Sterilization Equipment and Disinfectants Market to Report Strong CAGR of 8.5% to reach US$ 9,153.9 Million by 2019

A new market study published by Transparency Market Research (TMR) presents a comprehensive analysis of the global sterilization equipment and disinfectants market. The market study talks about the current market situation and its impact on the future of the sterilization equipment and disinfectants market around the world. The report is titled “Sterilization Equipment and Disinfectants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”.
Sterilization equipment and disinfectants are used to sterilize medical instruments, pharmaceutical components, and laboratory equipment. Sterilization equipment and disinfectants are essential components for infection control, as medical devices need sterilization and disinfection after being used, since they get contaminated with bioactive components.
The global market for sterilization equipment and disinfectants had reached a value of US$5.13 billion in 2012. It is estimated that the market will register a cumulative average growth rate of 8.5% during 2013 to 2019, and reach US$9.15 billion by 2019.
The market research report, inclusive of a detailed analysis of past performances, current trends, and future prospects of the global sterilization equipment and disinfectants market, makes for an informative and engaging piece of study.
The research report discusses the types and applications of sterilization equipment and disinfectants, in which sterilization equipment holds around 70% of the market based on revenue. The market for sterilization equipment is likely to rise at a 9.1% CAGR, which is expected to be the highest among all segments from 2013 to 2019. This development is credited to the user-friendliness and broad application area of the sterilization equipment market. In addition to this, sterilization equipment is safer to use than active disinfectants, which come with their own set of possible side-effects.
In 2012, the heat sterilization equipment market held the largest share on the basis of revenue in the total sterilization equipment market. It is likely to increase at an 8.6% CAGR from 2013 to 2019. This development is credited to the fact that heat sterilization equipment is more user-friendly and safer as compared to low-temperature sterilization equipment and others. However, low temperature sterilization is likely to register a growth at the highest, 10.9% CAGR during 2013 to 2019.
Browse the full Sterilization Equipment and Disinfectants Market (By Sterilization Equipment Type - Heat Sterilization, Low Temperature Sterilization, Filtration Sterilization and Radiation Sterilization,By Disinfectants Type-Low, Intermediate and High level and Oxidizing and Non-Oxidizing and By Applications- Medical Devices, Pharmaceuticals and Life-Sciences) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 Press Release at http://www.transparencymarketresearch.com/pressrelease/sterilization-equipment-market.htm
Regionally, North America held the largest share of the global sterilization equipment and disinfectants market, holding more than 40% of the sterilization equipment and disinfectants industry in 2012. Increase in demand for non-disposable surgical devices such as distracters, endoscopy devices, and forceps are the growth drivers behind the rise of the sterilization equipment and disinfectants market in North America. Asia Pacific is the fastest developing sterilization equipment and disinfectants market, increasing at a 10.9% CAGR from 2013 to 2019.

Wednesday, 25 February 2015

Sterilization Equipment and Disinfectants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

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Sterilization Equipment and Disinfectants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
A new market study published by Transparency Market Research (TMR) presents a comprehensive analysis of the global sterilization equipment and disinfectants market. The market study talks about the current market situation and its impact on the future of the sterilization equipment and disinfectants market around the world. The report is titled “Sterilization Equipment and Disinfectants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”.
Sterilization equipment and disinfectants are used to sterilize medical instruments, pharmaceutical components, and laboratory equipment. Sterilization equipment and disinfectants are essential components for infection control, as medical devices need sterilization and disinfection after being used, since they get contaminated with bioactive components.
The global market for sterilization equipment and disinfectants had reached a value of US$5.13 billion in 2012. It is estimated that the market will register a cumulative average growth rate of 8.5% during 2013 to 2019, and reach US$9.15 billion by 2019.
The market research report, inclusive of a detailed analysis of past performances, current trends, and future prospects of the global sterilization equipment and disinfectants market, makes for an informative and engaging piece of study. 
The research report discusses the types and applications of sterilization equipment and disinfectants, in which sterilization equipment holds around 70% of the market based on revenue. The market for sterilization equipment is likely to rise at a 9.1% CAGR, which is expected to be the highest among all segments from 2013 to 2019. This development is credited to the user-friendliness and broad application area of the sterilization equipment market. In addition to this, sterilization equipment is safer to use than active disinfectants, which come with their own set of possible side-effects.
In 2012, the heat sterilization equipment market held the largest share on the basis of revenue in the total sterilization equipment market. It is likely to increase at an 8.6% CAGR from 2013 to 2019. This development is credited to the fact that heat sterilization equipment is more user-friendly and safer as compared to low-temperature sterilization equipment and others. However, low temperature sterilization is likely to register a growth at the highest, 10.9% CAGR during 2013 to 2019.
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Regionally, North America held the largest share of the global sterilization equipment and disinfectants market, holding more than 40% of the sterilization equipment and disinfectants industry in 2012. Increase in demand for non-disposable surgical devices such as distracters, endoscopy devices, and forceps are the growth drivers behind the rise of the sterilization equipment and disinfectants market in North America. Asia Pacific is the fastest developing sterilization equipment and disinfectants market, increasing at a 10.9% CAGR from 2013 to 2019.
About us:
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
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Continuous Glucose Monitoring MarketContinuous Glucose Monitoring Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

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Continuous glucose monitoring devices are smart, tiny automated machines that provide a wide range of information about a patient’s fluctuating blood glucose levels  such as the frequency, magnitude, direction, duration and causes of the glucose fluctuation in the patient’s body and help in taking optimal treatment decisions well before the outburst of an emergency situation. 
Conventional glucose mentoring systems, which require obtaining a speck of blood on a lancing device and analyzing the glucose level in the blood sample thus obtained by using a glucose meter, are generally used once a day by most patients. Continuous glucose monitoring systems, on the other hand, allow for a continuous monitoring of blood glucose levels per day. As such a close inspection of trends in a patient’s glucose level fluctuation is possible, allowing the identification and prevention of emergencies.
The difference between a conventional glucose mentoring system and a continuous glucose monitoring system is similar to the difference between a conventional camera and a security video surveillance camera. The camera takes accurate snapshots at discrete moments, specifically at the moments when it is manually operated. The small set of pictures thus taken can be carefully studied to analyze any given situation but no specific data about trends in the situation under-cover can be gathered from the pictures.
The security surveillance camera, on the other hand, records video streams of multiple frames, albeit poorly focused, and displays a sequential array of these recorded frames. The trend observable from the array of frames can be used to predict future. But, too much information is captured on each frame, making it quite difficult to study each frame carefully. Also, no manual interaction is required for it to record something, except for the initial set-up efforts to turn it on. 
The two types of glucose monitors essentially have the similar kind of differences:
A conventional glucose monitor can measure glucose levels at discrete intervals almost accurately, whereas a continuous glucose monitor can measure glucose levels at multiple moments with fair accuracy. A conventional glucose monitor cannot predict future glucose levels as it does not study or analyze trends from past results. With a continuous glucose monitor, however, this is possible as a result of its capability of capturing and analyzing trends by making use of past results.  Also, conventional glucose monitors require manual efforts to operate whereas continuous glucose monitors are automated.
Looking back at the camera analogy, we know that a security surveillance camera is often more useful than a regular camera in cases when the outcome is more important than just the momentary frames. Correspondingly, the best way to monitor blood glucose levels often may be a continuous glucose monitor rather than a conventional glucose monitor. 
The technology used in the currently available continuous glucose monitors is either the continuous measurement of the interstitial fluid (ISF) that involves minimal invasiveness or by applying electromagnetic currents through the skin to the blood vessels of the body that involves no invasion in the body.
The most common method of these two methods is the one that measures the ISF through minimal invasion in the body. It involves fixing a sensor into the abdominal wall or the arm so that it comes in contact with the ISF of one’s body. The ISF is harvested by using various methods and is then delivered to an external sensor that monitors the glucose levels.
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This technique is called minimally invasive as the sensor is pricked on the skin only as deep as to compromise the barrier of skin and not puncturing any blood vessel.
Continuous glucose monitors are basically simple-looking devices that produce complex-looking data and this can, especially at times when the user is not well educated about the correct meaning of these data-pieces, can disguise the patient in taking erroneous corrective measures. Also, it should be understood that the glucose levels are prone to rise at times such as right after eating something or after a period of exercise. Such conditions should not prompt the patient in taking doses of insulin or eating something, to manage the sudden fluctuation. Instead the patient should be prompted to check the glucose level by finger-sticking a blood sample through a conventional glucose monitor. 
It is obvious that continuous glucose monitoring techniques are currently less accurate than the conventional glucose monitors. But they are more beneficial as they provide data every frequent interval and keep feeding data throughout the day and night. Most systems also incorporate alarms for extreme results that may indicate cases of hyper and hypoglycemia. Also, when these systems are in use almost continuously over extensive time periods, there is huge possibility that significant improvements in controlling glucose levels can be easily achieved.
About us:
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
Contact us:
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Browse The Market Research Blog :
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