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Porcine Vaccine Market Forecast Overview and Regional Outlook Study

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The North America porcine vaccine market is  highly fragmented owing to the presence of numerous large and small players. Zoetis, Inc., Merial Animal Health, Merck Animal Health, and Elanco Animal Health are the top four players that accounted for around 74.0% of entire market in 2015. Some of the other key palyers in the market are Bimeda Animal Health, Bayer AG., Boehringer Ingelheim GmbH, Vetoquinol, and Ceva Santé Animale. All these players are working on building diverse product portfolios, indulging in mergers and acquisitions, and investing in research and development activities in order to launch new and more effective vaccination for porcine. For example, Boehringer Ingelheim GmbH launched two new porcine vaccines ReproCyc and Ingelvac.

According to Transparency Market Research, the North America porcine vaccine market is likely to witness growth at a CAGR of 5.3% within the forecast period from 2016 to 2024. In 2015, the market was valued at US$540.9 mn, which is expected to reach around worth US$926.2 mn by the end of 2024. Geographically, the market is dominated by the U.S. It had a share of 63.0% in 2015. The market is anticipated to grow with a CAGR of 6.6% in coming years. Moreover, in terms of technology used, live attenuated vaccines are foreseen to exhibit growth with a robust CAGR of 5.9% within the forecast period.

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Rise in prevalence of Swine Diseases to Propel Market growth in Coming Years

The market for porcine vaccines in North America is predominantly driven by the rise in prevalence of swine illness and the constantly growing demand for meat and gelatin in the market. Due to globalization and rapid change in atmosphere, the rate of outbreak of various ailments in animals are on the rise. These diseases are transmissible to humans. Since, pigs are an exceptionally popular source of red meat, consumed in high volumes around the world, the market for porcine vaccine is expected to be boosted in the near future. Zoonotic infections in this class of domesticated animals can be exceedingly wrecking for humans as well.

High Maintenance and Storage Expense to Hamper Market Growth in Future

Proper handling and storage of vaccines holds an important role in achieving high success rate against any vaccine-preventable illness. It is of absolute necessity to strictly comply with proper storage and handling process. Otherwise it causes loss of several dollars in revaccination and waste vaccine, requires keeping up proper cold chains. Such cold chains are required in all nodes of the supply network, beginning from the makers to the healthcare providers. The high expenses of maintaining and handling storage conditions is one of the major drawbacks experienced by the North America porcine vaccine market. This factor is anticipated to hamper the market's development to some degree within the forecast period.

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Key Takeaways:

  • The market for porcine vaccines in North America is predominantly driven because of the rise in prevalence of swine illness and the constantly growing demand for meat and gelatin in the market.
  • North America being third largest consumer of pork, becomes a key to rising focus on health and wellness of swine from livestock, driving porcine vaccine market.

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posted Feb 13 by Bella Watson

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The competitive landscape of the  U.S. vaccines market is highly fragmented  with the presence of several local and international players, says Transparency Market Research.  Some of the prominent players in the U.S. vaccine market are GlaxoSmithKline plc, Sanofi Pasteur SA, CSL Limited, Johnson & Johnson, MedImmune, LLC, Pfizer, Inc., and Astellas Pharma Inc.

To maintain a leading position in the market, the key players are making notable investments in the research and development activity. This is projected to enhance the competitive environment in the U.S. vaccine market in the next few years.

Apart from this, Players are emphasizing on research and development activities of several new vaccine. This is expected to intensify competition among the players in the coming years. Apart from this, rise in mergers and acquisitions and business partnership are some other factor expected to provide lucrative opportunities for the growth of the U.S. vaccine market.

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According to a market research by TMR, in 2016, the vaccines market was noted at a valuation of  US$ 28.0 bn by market analysts.. The market is anticipated to grow at a healthy 6.0% CAGR from 2017 to 2025. Rising at this CAGR, the U.S. vaccine market is projected to reach a value of US$ 48.0 Bn by the end of 2025.

On the basis of region,  North America is projected to dominate the U.S. vaccine market in the coming years. The strong growth in the region is mainly due to the easy availability of vaccine owing to presence of several key manufacturers in the region. Apart from this, favorable government policies for manufacturing and sales of vaccine are another factors expected to drive the  U.S. vaccine market. On the basis of types, the adult segment is expected to rise at a significant pace owing to the unprecedented rise in geriatric people across the globe.

Rising Cases of Vector Borne Diseases to Propel Market

The  U.S. Vaccine market is expected to rise at a significant pace, thanks to the growing prevalence  of  vector borne diseases. Some of them are malaria, dengue, tuberculosis, chikangunya, influenza. Apart from this, growth of the U.S vaccine market is attributed to increase in public and private funding for research and development of  several advanced vaccine.

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Foremost,  vaccines have helped to control prevalence of disease like polio, small pox, and chicken guniya. This has increased the adoption of vaccition in several developed and underdeveloped countries. Owing to this, market share of U.S. vaccine has increased drastically in last few years.

Sideffects of  a few Vaccines on Human Bodied to Impede Growth

However, despite of several oppoetunites and demand in the market, the growth of the U.S. vaccine market is exected to hamper owing to the side effects of certain vaccine on human bodies. Due to this, FDA has canceled several drugs from the market. This is a great setback for the growth of the U.S. vaccine market.

Nonethless , to overcome this factor manufacturers are inceased investment for advance research and development activity. This will help eliminated flaws present in some of the vaccine. There by .offering a significant thrust to the U.S. vaccine market. Along with this, several advanced vaccine patient are in  pipelin for regualotr approval. One this, patient will be appoved the U.S. vaccine market is expected to enjoy major boost.

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Bone Holding Forceps and Cutters Market: Vital Tools in Surgery and Repair of Bones

Bone holding forceps are handheld, hinged instruments used for grasping and holding bones. These forceps are commonly used to stabilize bones during repair.
These holding forceps could also be used to remove bone fragments from a surgical site. These are available in a number of sizes, as well as with or without ratchets, making these versatile instruments that can be used on both small and large bones.

Bone cutting forceps or cutters are instruments used for cutting in orthopedic surgeries. These are instruments that have two blades and a handle to compress or hold tissues in orthopedic instrument surgical operations.

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These instruments are required for clean and sterile surgery environment. These forceps have a double-action function; these are used to grip tissues and have blades for cutting.

Key Drivers and Restraints of Global Bone Holding Forceps and Cutters Market

Increase in the number of orthopedic and dental surgeries is the major factor boosting the growth of the global bone holding forceps and cutters market
According to the International Osteoporosis Foundation, osteoporosis causes more than 8.9 million fractures across the world each year

Rise in the number of road accidents and increase in the geriatric population prone to bone disorders drive demand for bone holding forceps and cutter across the globe

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Availability of forceps in different sizes and dimensions fuels demand for these surgical tools

High Cost of Surgical Procedures to Hamper Global Market

High cost of certain orthopedic surgical procedures hampers the growth of the global bone holding forceps and cutters market

Moreover, unskilled personnel for performing orthopedic procedures could cause complications during surgery and injuries. This factor is projected to restrain the global bone holding forceps and cutters market. 

Disposable to be Highly Lucrative Segment

Based on product type, the global bone holding forceps and cutters market can be bifurcated disposable and reusable

The reusable segment dominated the global market in 2018 owing to application during surgeries and availability of sterilized instruments after each procedure
The disposable segment is projected to be more lucrative in the next few years due to less chance of infection and low cost

Stainless Steel to Dominate Global Market

In terms of material, the global bone holding forceps and cutters market can be classified into stainless steel, tungsten, and others

The stainless steel segment dominated the global bone holding forceps and cutters market in 2018. Ability to withstand repeated sterilization in high temperature autoclaves, rust free, and durability of edges are the key features that propel the segment.

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Hospitals to be Promising Segment

Based on end-user, the global bone holding forceps and cutters market can be divided into hospitals, ambulatory surgery centers, and others
The hospitals segment dominated the global market in 2018 and the trend is projected to continue during the forecast period

Hospitals is anticipated to be a highly lucrative segment during the forecast period owing to higher number of surgical procedures performed in these settings and availability of various surgical tools

North America to Lead Global Market

In terms of region, the global bone holding forceps and cutters market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

North America dominated the global bone holding forceps and cutters market in 2018 owing to higher number of surgical procedures, increase in adventure activities & road accidents which lead to surgeries, and presence of major players in the region

According to the Agency for Healthcare Research and Quality (AHRQ), in the U.S., the number of orthopedic surgical procedures increased from 2,740,000 in 2001 to 3,785,000 in 2011, an increase of 38% in 10 years

The bone holding forceps and cutters market in Asia Pacific is projected to expand at a higher CAGR during the forecast period. Increase in the geriatric population prone to orthopedic problems, rise in the number of orthopedic surgeries, and growing medical tourism are the major drivers of the bone holding forceps and cutters market in the region.

Key Manufacturers Operating in Global Bone Holding Forceps and Cutters Market

Leading players in the global Bone Holding Forceps and Cutters market are:

B. Braun Melsungen AG
Stryker Corporation
Integra LifeSciences Corporation
CONMED Corporation
Medline Industries, Inc.
Zimmer Biomet Holdings, Inc.
Sklar Surgical Instruments
Arthrex, Inc.
Millennium Surgical Corp.
Azort

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Fetal Monitoring Systems Market: Introduction

Transparency Market Research has published a new report titled “Fetal Monitoring Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027”. According to the report, the global fetal monitoring systems market was valued at approximately US$ 2.8 Bn in 2018. It is expected to expand at a CAGR of ~3% during the forecast period from 2019 to 2027. Monitoring procedures are the basis to evaluate the clinical state of patients and to access changes in their conditions, thus providing necessary interventions in time.

Traditional fetal monitoring systems received a fundamental improvement by new technological devices allowing longer and deeper data collection of fetus and mother. Expansion of the global fetal monitoring systems market can be attributed to rise in prevalence rate of birth asphyxia, fat gain during pregnancy, and number of preterm births worldwide. North America is a highly lucrative market for fetal monitoring systems due to mandatory fetal monitoring of pregnant women and rise in number of users of home-based fetal monitoring systems.

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Rise in Awareness among Pregnant Women with High Body Mass Index to Drive Fetal Monitoring Systems Market

According to the data from the Public Library of Science, the percentage of overweight women during pregnancy increased from 29.8% in 1980 to 38.0% in 2013 globally. Prevalence of excessive gestational weight gain and obesity during all trimesters is a major cause of concern for fetus health. Moreover, doctors advise regular monitoring of fetus and the mother till successful delivery. This, in turn, is driving the market.

Development of Portable Fetal Monitoring Systems to Drive Global Market

Based on product, the global fetal monitoring systems market has been divided into systems and accessories. The systems segment dominated the global fetal monitoring systems market in 2018. Expansion of the segment can be attributed to development of portable fetal monitoring systems for home use and rise in number of hospitals.

Hospitals & Nursing Homes to be key End Users

Based on end user, the global fetal monitoring systems market has been classified into hospitals & nursing homes, clinics, and home settings. Hospitals & nursing home is projected to be a highly lucrative segment from 2019 to 2027 and hold major share in terms of end-user. However, the home settings segment is anticipated to expand at a high CAGR during the forecast period. Rise in awareness about the advantages of fetal monitoring such as low cost of expenses from hospitals and development of convenient fetal monitoring systems for home use are some factors due to which home settings is expected to grow at faster rate.

North America to Dominate Fetal Monitoring Systems Market

In terms of region, the global fetal monitoring systems market has been divided into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global fetal monitoring systems market in 2018. Favorable reimbursement facilities, high awareness among patients for fetal monitoring, quick adoption of advanced technology fetal monitoring systems, and presence of major players who constantly promote their brands through wide distribution channels are key factors driving the market in the region. Asia Pacific is a lucrative market for fetal monitoring systems, due to large number of preterm birth rate in the region, rise in awareness about the advantages of home monitoring, and rise in disposable income in countries in the region, such as India.

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Competition Landscape

Abbott, F. Hoffmann-La Roche Ltd, and Siemens Healthineers AG are a few leading players operating in the fetal monitoring systems market. The global fetal monitoring systems market is fragmented in terms of number of players. Key players in the global market include Koninklijke Philips N.V., GE Healthcare, Mindchild Medical, Inc., Nemo Healthcare, Huntleigh Healthcare Limited (Arjo), Edan Instrument Inc., Neoventa Medical AB, Clinical Innovations, LLC., and SUNRAY MEDICAL APPARATUS CO.,LTD. New product approvals for specific indication, widespread distribution channels, and higher R&D investment are key strategies adopted by major players operating in the market.

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Auto Keratometer Market: Introduction

  • Keratometry is the concept of measuring anterior surface of cornea curvature across a fixed chord length. Keratometer, also known as opthalmometer, is the instrument used to measure the curvature. Auto keratometer is a type of keratometer based on the principle of constant image size and variable image size. Auto keratometer is a compact device and comparatively easier to operate. This keratometer allows reflecting corneal image on an electronic photosensitive device which then records size and radius of the curvature.

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  • Auto Keratometer (automated keratometer), also known as auto refractor keratometer, is the instrument used in measurement of refractor error degree in the eye. This automated refractor is a computer-controlled machine used in the eye examination and offers optimal refractive error measurements. Furthermore, auto keratometers are used in assessing the patient condition in pre and pro refractive surgeries and have extended applications in ophthalmology. Myopia (nearsightedness) and hyperopia (farsightedness) are common vision problems and mainly occur due to refractive errors. Auto keratometer can perform spherical and cylindrical measurements in a range of -30 to +25D/±10D respectively. These provide cornea’s peripheral and central curvatures at various points and are widely used in determining astigmatism in the patient.

Key Drivers and Restraints of Global Auto Keratometer Market

  • Increase in incidence of myopia and other refractive errors, launch of ophthalmic instruments offering accurate readings, and technological advancements are major driving factors for the auto keratometer market. Furthermore, rise in awareness about astigmatism and its diagnosis is likely to be another driving factor for the auto keratometer market. Increase in number of ophthalmic clinics in the developing regions and diagnosis accuracy offered by auto keratometer are likely to drive the global market. Availability of various treatments such as lenses and Lasik surgery, are expected to lower the complications of astigmatism condition.
  • Manufacturers have integrated auto refractor in the products in order to improve efficiency which has enhanced accuracy and demand of the auto keratometers. Surge in number of patients suffering from post-cataract surgery and pre-existing astigmatism condition is another prevailing factor for the market growth globally. High cost of auto keratometers over manual keratometers is major restraining factor for the auto keratometer market.

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North America to Lead Global Auto Keratometer Market

  • In terms of region, the global Auto Keratometer Market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • North America is projected to dominate the auto keratometer market during the forecast period, owing to technological advancements in development of automated keratometer, growing demand of diagnosis of refractory errors, prevalence of astigmatism condition, supportive health care expenditure, government initiatives, and creating awareness about astigmatism condition in the region. Presence of key players in developing automated keratometer is major boosting factor for growth of the market in the region. Moreover, surge in health care expenditure and advanced health care facilities are anticipated to fuel the growth of the auto keratometer market in the region. Europe is estimated to hold the second largest share of the global market followed by Asia pacific in the next few year. Growing demand and availability of automated keratometer, and increasing health care expenditure are major factors boosting the auto keratometer market in Europe.
  • Asia Pacific is a fastest growing region in the next few years, owing to the growing patient population suffering from astigmatism condition. According to the WHO, the prevalence of myopia is higher in younger adults among population of Asia. Prevalence of myopia is recorded higher in East Asia. Moreover, China, Japan, and Singapore had a total prevalence rate of myopia up to 50% in 2015. Comparatively, the prevalence of myopia estimated as per NCBI research was around 6.8% to 21.6% in 2016 globally.

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Key Manufacturers Operating in Global Auto Keratometer Market

The market of auto keratometer is consolidated and major share is captured by prominent few players. Major Key players involved in offering auto keratometers are:

  • NIDEK CO., LTD
  • Topcon Corporation
  • INNOVA Medical
  • Luneau Technology Group
  • Coburn Technologies, Inc.
  • Alcon
  • Essilor
  • Carl Zeiss AG
  • AMETEK Inc. and Reichert Inc.
  • SCHWIND eye-tech-solutions
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The global atherectomy devices market depicts a competitive market landscape with a significant number of players operating globally, reports Transparency Market Research (TMR). To gain a competitive edge among great number of players, the main players are engaging in product portfolio expansion. This has resulted in notable rising in research and development initiatives and subsequent technological advancements. This is expected to drive growth of the global atherectomy devices market in the near future, adds TMR. Major players in the atherectomy devices market are Boston Scientific Corp., Avinger Inc., Medtronic Plc, Cardiovascular Systems Inc., Spectranetics Corp., Terumo Corp., and Royal Philips NV. The research further states that the level of competition among the top players is expected to intensify during 2017-2022.

 As per the TMR report, the global market for atherectomy devices was evaluated at US$558.9 mn in 2017. It is anticipated to reach US$735 mn by 2022 end. The market is register a robust CAGR of 5.60% during the forecast period. The directional atherectomy is expected to drive growth of the global atherectomy devices market due to its large penetration, ease of availability and numerous customization options.  

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Region wise, North America is expected to remain dominant in the global atherectomy devices market. The regional market is predicted to grow at a notable CAGR of 6.0% during 2017-2022. Growing favorable reimbursement policies and existence of major players in the region are likely to drive its growth.

Technological Advancements Present Lucrative Opportunities

The rising demand from patients for less invasive procedures and the rising number of cases are the main factors that are predicted to drive the growth of the global atherectomy devices market in the near future. Rising new innovations are leading to the introduction of new products in the market such as laser based atherectomy. These innovations are providing new options for patients and opening new opportunities for medical professionals. These developments are likely to continue during the forecast period as spending on research continues to increase.  

High costs of research and development and specialty equipment for laser procedures  can restrain growth of the global global atherectomy devices market. However, technology drive trends leading to do-it-yourself diagnostic tools are expected to aid growth of the market by lowering portion of the costs.

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Lack of Awareness in Emerging Region Poses a Challenge to Market Growth

Development in new market poses a challenge to the growth of the global atherectomy devices market. Lack of awareness in developing regions, and lack of access to quality healthcare markets hampers growth of the market. Additionally, lack of quality professionals is also key to driving surgical procedures, diagnosis, and advanced treatments like laser treatment. However, increasing private and public funds in regions like Asia Pacific for healthcare infrastructure is expected to drive growth of the global atherectomy devices market in emerging markets. Further penetration opportunities and rising interest among key global players are positive signs for the market.

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