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BLOOD PREPARATION Market to Witness Remarkable Growth by 2025 | GlaxoSmithKline PLC, Pfizer Inc., Baxter Healthcare Corp., Bristol-Myers Squibb Co.

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Global Blood Preparation Market
Press Release

The ‘ BLOOD PREPARATION market’ research report added by Report Ocean, is an in-depth analysis of the latest trends, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market introduction, BLOOD PREPARATION market definition, regional market scope, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, BLOOD PREPARATION market size forecast, 100+ market data, Tables, Pie Chart, Graphs and Figures, and many more for business intelligence.

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 In the BLOOD PREPARATION Market, some of the major companies are:

GlaxoSmithKline PLC, Pfizer Inc., Baxter Healthcare Corp., Bristol-Myers Squibb Co., AstraZeneca Co.

The report consists of various chapters and company profiling is a major among them. Company profiling garners business intelligence and track key elements of a business, such as:

  • Company Background
  • Product Categories
  • Competitive Landscape
  • Financial Results (Subject to availability)
  • Media Monitoring
  • Customized Section

The report provides comprehensive coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. Furthermore, the study encompasses various market specific growth opportunities in global blood preparation market.

 BLOOD PREPARATION Market: Insights

Advent of automated blood component has led to standardization of blood component preparation. It converts whole blood into different components to be used for blood transfusion and various other purposes while dramatically reducing human intervention while reducing processing time.

Blood is the vital fluid of life. It is lifesaving liquid organ which does not have any alternative. Main components of blood are RBC, Cryoprecipitated Anti-hemophilic Factor, Fresh Frozen Plasma, Platelets and Granulocytes. Blood component preparation separates blood components from whole blood by specialized equipment. It is an important contributor in modern medical practice. Two of the most commonly adopted blood component separation method includes PRP method and Buffy Coat method.
Blood preparation is poised to emerge as one of the most profound sectors in healthcare industry. Growth of the global blood preparation market is primarily attributed to rising demand for blood transfusion, prevalence of blood disorders, increasing geriatric population, awareness of blood donation and favorable government initiatives. However, the market faces several challenges due to high risk of disease transmission and regulatory norms.

Major industry players operating in the global blood preparation market include GlaxoSmithKline PLC, Pfizer Inc., Baxter Healthcare Corp., Bristol-Myers Squibb Co., AstraZeneca Co., among others. These players are profiled herein based on attributes such as business overview, product segments and financial analysis. It also compiles performance comparison of aforementioned companies and other leading companies in the segment based on various parameters in the competitive landscape section. In totality, the report provides detailed market analysis, with relevant forecasted data supported by key market dynamics. This information will be helpful in evaluating opportunities in global blood preparation market.

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The Global BLOOD PREPARATION Market is segmented into various sub-groups to understand the market scenario in detail, the market segmentation are as follows:

Market Segmentation – Product
 Whole Blood
Blood Derivatives
Blood Components
Market Segmentation – Type
 Platelet Aggregation Inhibitor
Fibrinolytic (Thrombolytic)
Anticoagulants
Market Segmentation – Application
 Thrombocytosis
Angina Blood Vessel Complications
Pulmonary Embolism
Renal Impairment

Other Report Highlights
• Competitive Landscape – Sales, Market Share, Geographical Presence, Business Segments
• Product Benchmarking.
• Market Dynamics – Drivers and Restraints.
• Market Trends.
• Porter Five Forces Analysis.
• SWOT Analysis.

Furthermore, the years considered for the study are as follows:

Historical year – 2013-2017

Base year – 2018

Forecast period** – 2019 to 2025 [** unless otherwise stated]

Regional split of the Global BLOOD PREPARATION Market research report is as follows:

The market research study offers in-depth regional analysis along with the current market scenarios. The major regions analyzed in the study are:

  • Americas
  • Europe
  • Middle East & Africa
  • Asia Pacific

Key highlights and important features of the Report:

Overview and highlights of product and application segments of the global BLOOD PREPARATION Market are provided. Highlights of the segmentation study include price, revenue, sales, sales growth rate, and market share by product.

Explore about Sales data of key players of the global BLOOD PREPARATION Market as well as some useful information on their business. It talks about the gross margin, price, revenue, products, and their specifications, type, applications, competitors, manufacturing base, and the main business of key players operating in the BLOOD PREPARATION Market.

Explore about gross margin, sales, revenue, production, market share, CAGR, and market size by region.

Describe BLOOD PREPARATION Market Findings and Conclusion, Appendix, methodology and data source;

Research Methodology:

The market research was done by adopting various tools under the category of primary and secondary research. For primary research, experts and major sources of information have been interviewed from suppliers’ side and industries, to obtain and verify the data related to the study of the Global BLOOD PREPARATION Market. In secondary research methodology, various secondary sources were referred to collect and identify extensive piece of information, such as paid databases, directories and annual reports and databases for commercial study of the Global BLOOD PREPARATION Market. Moreover, other secondary sources include studying technical papers, news releases, government websites, product literatures, white papers, and other literatures to research the market in detail.

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There are 15 Chapters to display the Global BLOOD PREPARATION Market:

Chapter 1, to describe Definition, Specifications and Classification of Global BLOOD PREPARATION, Applications of , Market Segment by Regions;
Chapter 2, to analyze the Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure;
Chapter 3, to display the Technical Data and Manufacturing Plants Analysis of , Capacity and Commercial Production Date, Manufacturing Plants Distribution, Export & Import, R&D Status and Technology Source, Raw Materials Sources Analysis;
Chapter 4, to show the Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, to show the Regional Market Analysis that includes United States, EU, Japan, China, India & Southeast Asia, Segment Market Analysis (by Type);
Chapter 7 and 8, to explore the Market Analysis by Application Major Manufacturers Analysis;
Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type, Market Trend by Application;
Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;
Chapter 11, to analyze the Consumers Analysis of Global BLOOD PREPARATION by region, type and application;
Chapter 12, to describe BLOOD PREPARATION Research Findings and Conclusion, Appendix, methodology and data source;
Chapter 13, 14 and 15, to describe BLOOD PREPARATION sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believe in providing the quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is “one-stop solution” for individuals, organizations, and industries that are looking for innovative market research reports.

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This post was originally published on Health News Office

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Surgical Navigation Systems Market is Expanding at a 4.50% CAGR between 2014 and 2020

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Transparency Market Research (TMR) has published a new report titled, “Surgical Navigation Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027″. According to the report, the global surgical navigation systems market was valued at US$ 783 Mn in 2018. It is projected to expand at a CAGR of 8.5% from 2019 to 2027. Increasing demand for minimally invasive surgeries coupled with the augmenting awareness among people pertaining to the advantages offered by surgical navigation systems is driving the market significantly. Innovation and technological advancements, such as electromagnetic technology, are anticipated to boost the global market during the forecast period.

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North America and Europe are expected to dominate the global surgical navigation systems market from 2019 to 2027. This is attributed to a rise in the demand for minimally invasive surgery/devices for neurosurgery & orthopedic surgery, favorable medical reimbursement policies, and rapid increase in the geriatric population. Asia Pacific is likely to account for a significant share of the global market share by 2027. This is due to a large patient base with orthopedic problems in highly populated countries, such as India and China, large geriatric population in Japan, and rise in adoption of technologically advanced products in JapanAustraliaNew Zealand, and South Korea. Rise in adoption of technologically advanced products by key manufacturers, such as Stryker, and Zimmer Biomet Holdings, Inc. is likely to propel the global surgical navigation systems market. The market in Asia Pacific is expected to expand at a notable CAGR of 8.5% from 2019 to 2027.

Increasing geriatric population and growing neurological, orthopedic, and ENT disorders are will expand the global surgical navigation system market. Surgical navigation system helps to reduce trauma during surgeries. Moreover, it also offers precision, pushing the global surgical navigation systems market to grow.  Surgical navigation system also provides minimally invasive procedure. Therefore, there has been increasing demand for minimally invasive procedures because they offer an array of benefits. Less invasive procedures helps in less number of sutures, minimal stay at hospital, minimal pain, less blood loss and faster recovery. Thus, it plays a catalyst for the global surgical navigation systems market to grow.

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Seeking Help of Imaging

Rise in number of diseases related to neurology, orthopedic and ENT are leading to increased number of surgeries per year.  Surgical navigation systems adopts the imaging modalities for such surgeries. Medical Imaging method guides the surgery and helps in less invasive surgeries. Surgeries with precision and less invasion will fuel the global surgical navigation market. There are likely to be new innovations in product lines in the global surgical navigation systems market which will boost the growth.

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Disease Based Surgeries Expands Market

There has been ongoing demand for surgeries in orthopedic sector of healthcare. Usually, patients suffering from osteoarthritis seek surgeries to live a quality life. Osteoarthritis affects knees and hips, weight bearing joints. This results in hampered life resulting in less movements and increased pain and inflammation. In such cases, surgeries are suggested. However, cost of the surgery and trauma that a patient has to go through is severe. Thus, with surgical navigation system such concerns can be addressed. Therefore, Knee and hip replacements will drive the global surgical navigation market in orthopedic segment.

Neurology also calls for precision because it involves disorder related to brain cancer and brain related diseases. Therefore, neurology sector will also increase the demand for surgical navigation system. This is will nudge the global surgical navigation systems market.

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Reduced Post Surgery Risks

Surgeries carries many risks associated with it. Surgeries can result in infection, increased blood loss which will delay the healing process. However, with emergence of surgical navigation system there’s an accurate imaging of anatomy. This reduces post-surgery risks resulting in faster healing. Patients return to normal life with in a short span. This induces the global surgery navigation systems market to witness a huge growth.

Focused R&D activities to develop innovative product technologies: Key trend among leading players

The report also provides profiles of leading players operating in the global surgical navigation systems market. Stryker, Medtronic plc, B. Braun Melsungen AG, GE Healthcare (General Electric Company), Zimmer Biomet Holdings, Inc. and Siemens Healthineers (Siemens AG) are major players operating in the market, offering products with proprietary technologies. Other prominent players in the global surgical navigation systems market include Brainlab AG, Fiagon AG, and Amplitude Surgical.

This post was originally published on Health News Office

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Medical Specialty Bags Market to Expand at a CAGR of 5.5% between 2017 and 2025

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The medical specialty bags market was valued at US$6.3 bn in 2016. It is expected to reach US$9.8 bn by 2025 end, thanks to a healthy 5.5% CAGR. Among various products in the market, the ostomy bags dominated the total revenue share in 2016. The growing incidences of inflammatory bowel disease is expected to drive growth of the segment further. Among various regions in the medical specialty bags market, North America held the largest market share during 2017-2025. The region is expected to expand at 4.7% CAGR and drive robust revenue growth for the global medical specialty bags market. The growing favorable insurance terms and advanced healthcare infrastructure are expected to propel growth.

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Chronic Illnesses to Boost Growth in the Medical Specialty Bags Market

Various chronic illnesses like cancers, HIV, Alzheimer, and Crohn Disease are on the rise. For example, according to centers for disease control and prevention, between 2010 and 2020, the cancer cases in United States are expected to rise by 24% in men and 21% in women to nearly 2 million in total. Additionally, due to sugary fast foods, sedentary lifestyle, and lack of exercise, illnesses such as diabetes are also on the rise. Diabetes requires constant monitoring for sugar levels in blood. Due to rising geriatric population, many people in the Unites States, suffering from diabetes experience extremely limited mobility. Moreover, diseases like cancer and HIV require prolonged periods of physician visits. Hence, the rise in chronic illnesses, robust product innovations, and favorable reimbursement policies are expected to drive significant growth for the medical specialty bags market.

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Lack of Awareness in Emerging Markets to Curtail Growth

The medical specialty bags market is expected to expand in emerging regions such as Asia Pacific. However, currently, due to lack of standardization in regulations and medical processes in medical industry, the use of medical specialty bags are not prevalent. Additionally, many players in the medical specialty bags market have a large presence in developed regions. The expansion in promotions in the near future is also expected to create significant opportunities in the medical specialty bags market in the near future.

Public and private entities in the region are also pouring large investments in the development of medical infrastructure. This has resulted in emergence of large hospital chains, a private insurance sector, and growing publicly supported infrastructure for the healthcare industry.  Due to rising disposable income, and growth in conventional markets such as Japan, the Asia Pacific region is expected to expand at 6.0% CAGR during 2017-2025 in the medical specialty bags market.

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Major innovation challenges in the medical specialty bags market involve inventing next-gen materials. Currently, medical specialty bags provide various pockets and application tools to meet medical demands during emergencies. However, next-generation materials like Zylar promise more. Zylar is inherently hydrophobic and offers a non-corrosive and pre-drying material for less wear. Additionally, such bags would come in handy in emerging markets, where limited medical facilities are expected to drive growth in the near future.

The medical specialty bags market depicts a highly competitive and fragmented landscape. The market is witnessing a robust competition, thanks to a large number of small players and cost-effective products, reports Transparency Market Research (TMR). Large players in the market continue to raise the benchmark with product innovation through innovative materials. Some key players in the medical specialty bags market are Coloplast A/S, Macopharma Terumo Corporation, Hollister Incorporated, Baxter International Inc., ConvaTec Inc., Smiths Medical, Nolato AB, and Medlone Industries Inc.

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Wearable Medical Devices Market is Expected to Rise up to US$10 bn by the End of 2023

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The wearable medical devices market US$6.8 bn in 2017. The market is predicted to grow at 17.0% CAGR during 2018-2026. Among many different devices, the diagnostic and monitoring devices segment is expected to lead growth. The segment is expected to grow significantly due to growing incidences of chronic illnesses, growing awareness about health, and lowering prices.

Asia Pacific region is expected to register the fastest CAGR growth during 2018-2026. The regional wearable medical devices market is predicted to grow at 18.8% CAGR. High penetration of digital technology, large number of low priced- devices, and large market size are expected to drive robust growth in the region.

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Diabetes to Propel the Wearable Medical Devices Market

According to Center for Disease Control and Prevention Center (CDC), nearly 85 million Americans have prediabetes. This equals to one in every three adults. Additionally, 9 out 10 people are not aware of their conditions. Moreover, prevalent conditions such as sugary diets, lack of exercise, and polluted environment are likely to exacerbate the current scenario. Hence, 2018-2026 period presents a major opportunity for the wearable medical devices market. CDC is launching initiatives such as lifestyle change program, which are expected to increase awareness, leading to diagnosis, and more investment in prevention and treatment.

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Adoption of Technologically Advanced Devices Further Drives Growth in Wearable Medical Devices Market

Apple launched a FDA approved wearable medical device in the market in 2018. The device can detect falls and perform electrocardiograms. The watch created a benchmark in the market by constituting for over half the total sales in the market, despite its associated high cost. Growing investment and encouragement by government policies for cheaper and engaging medical devices, are expected to help further this growth. In 2018, the US government made value driven services like digital applications a key component for availing reimbursement compensation. Growing enthusiasm among consumers, lowering prices, and growing focus on innovation worldwide are expected to drive major growth for the wearable medical devices market.

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Rising Awareness a Boon for the Wearable Medical Devices Market

Growing pollution, sedentary lifestyle, and rising chronic illnesses are leading to increased awareness about the wearable medical devices market. Many players in the market are focusing on advertising their technology to remain fit as a signature benefit. Growing issues in urban areas such as high-blood pressure, increasing congestion, and busy lifestyle are making such benefits extremely appealing to consumers. Additionally, chronic illnesses such as cancers are on the rise. On the other hand, hospitalization and diagnostic services are extremely expensive and can’t be used on a regular basis. Hence, monitoring tools along with fitness devices are also expected to gain more traction in the wearable medical devices market in the near future.

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The wearable medical devices market depicts a competitive and fragmented landscape. The fragmentation of the market is expected to increase as large number of small players enter the market, reports Transparency Market Research (TMR). Some key players in the wearable medical devices market Samsung Electronics Co. Ltd., Xiaomi Technology Co., Ltd, Garmin Corporation, Apple Inc., Fitbit, Inc., Polar Electro, and Huawei Technologies Co., Ltd.

The next frontier of innovation in the wearable devices market is the expansion of applications to carve wearable technology’s independent identity. Innovation in the medical device market is posing a major challenge as downward cost-pricing is putting additional pressure on manufacturers. Additionally, growing demand for more capable devices from consumers and constant entry of new players are expected to keep the wearable medical devices market extremely competitive. Currently, blood pressure monitoring, and standard fitness are major features of wearable technology.

This post was originally published on Health News Office

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