Thursday, 5 September 2024

Dermatology Devices Market Report: The Rise Of Aesthetic And Therapeutic Solutions

 Dermatology Devices Industry Overview


The global dermatology devices market size was valued at USD 15.29 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 12.64% from 2024 to 2030. The increasing prevalence of skin cancer and other skin diseases is contributing largely to the high demand for the skin care instruments market. Furthermore, growing awareness among people about the aesthetic appeal and technological advancements in skin care instruments are also increasing the adoption of these devices significantly. The rise in disposable income is also considered as one of the important factors driving the market growth of dermatology devices.

 

Skin cancer prevalence is increasing, with melanoma and non-melanoma skin cancers rising. The Skin Cancer Foundation reports that every year in the U.S., approximately 10,130 people die due to melanoma. Additionally, according to the International Agency for Research on Cancer, globally, the number of new melanoma skin cancer is estimated to increase from 324,635 in 2020 to 413,132 by 2030. As a result, there is a growing demand for quick and accurate diagnosis of skin disorders, and it is expected to boost the market in forecast years.


Gather more insights about the market drivers, restrains and growth of the Dermatology Devices Market


The COVID-19 pandemic has affected various industries. Due to the pandemic, there has been a decrease in the number of patients visiting hospitals and clinics for non-essential medical procedures, including those related to dermatology. This has led to a decline in the demand for dermatological instruments, such as laser therapy and microdermabrasion instruments. However, the market for dermatological devices has seen a V shape recovery. With the successful rollout of vaccines in all regions, the volume of dermatological tools is beginning to recover to its pre-pandemic levels. In 2021, the market has witnessed high demand due to the backlog of 2020 and increased interest from people related to dermatological procedures. The dermatological devices market has witnessed high volatility during the past few months and is expected to return to its normal growth trend by 2023.


The dermatology devices market is developing rapidly due to growing aesthetic awareness. In the current scenario, people of all age groups are increasingly concerned about enhancing their aesthetic appeal. Complete skin rejuvenation improves the aesthetic appeal of a person. There has been a noticeable trend towards utilizing technologically advanced equipment in the field of dermatology. These devices help diagnose and treat various skin diseases accurately and improve one's overall appearance. The advent of non-invasive laser therapies has particularly led to a surge in demand for such advanced equipment.

 

Key Dermatology Devices Company Insights


• Alma Lasers is a company providing light-based, laser, ultrasound, and radiofrequency solutions in surgical and aesthetic fields. The company is present in over 80 countries across the globe. It operates through three major business segments: Surgical, beauty solutions, and medical aesthetic solutions.


• Cynosure, Inc. is a manufacturer of light-based systems used in medical and aesthetic procedures. The company’s products are used in procedures such as body contouring, skin rejuvenation, hair removal, and scar reduction. It holds 37 patents and has its own distribution channel with subsidiaries in over 60 countries across the globe.


• 3Gen is a medical devices company engaged in manufacturing and marketing of DermLite. The company offers a wide range of dermatoscopes for diagnosis of various skin care conditions and diseases. Majority of the company’s products are used for skin cancer detection.


• Image Derm, Inc. is a medical devices company engaged in manufacturing and marketing of microdermabrasion devices. The company offers products for crystal microdermabrasion, diamond microdermabrasion, and serum infusion. It offers its diverse products for various end-use settings such as beauty salons, dermatology clinics, and spas.

 

Browse through Grand View Research's Medical Devices Industry Research Reports.


• The global medical sensors market was valued at USD 42.6 billion in 2023 and is projected to grow at a CAGR of 19.1% from 2024 to 2030. This growth is attributed to the development of biomedical science and micromachining technology, which has improved the quality of people's lives.


• The global artificial vital organs and medical bionics market size was valued at USD 37.6 billion in 2023 and is projected to grow at a CAGR of 9.3% from 2024 to 2030. Market growth has been driven by several factors, including advancements in technology, rising incidence of disorders, and an aging population.


Dermatology Devices Market Segmentation


Grand View Research has segmented the biosensors market report on the basis of technology, application, end-user, and region:


Dermatology Devices Production Outlook (Revenue, USD Billion, 2018 - 2030)
• Diagnostic Devices
o Dermatoscopess
o Microscopes
o Other Imaging Devices
o Biopsy Devices
• Treatment Devices
o Light Therapy Devices
o Lasers
o Electrosurgical Equipment
o Liposuction Devices
o Microdermabrasion Devices
o Cryotherapy Devices


Dermatology Devices Application Outlook (Revenue, USD Billion, 2018 - 2030)
• Diagnostic Devices
o Skin Cancer Diagnosis
o Other
• Treatment Devices
o Hair Removal
o Skin Rejuvenation
o Acne, Psoriasis, and Tattoo Removal
o Wrinkle Removal and Skin Resurfacing
o Body Contouring and Fat Removal
o Cellulite Reduction
o Vascular and Pigmented Lesion Removal
o Others


Dermatology Devices End-Use Outlook (Revenue, USD Billion, 2018 - 2030)
• Hospitals
• Clinics
• Others


Dermatology Devices Regional Outlook (Revenue, USD Billion, 2018 - 2030)
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Netherlands
o Belgium
o Switzerland
o Denmark
o Sweden
o Norway
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Thailand
o Malaysia
o Philippines
o Indonesia
o Singapore
• Latin America
o Brazil
o Mexico
o Argentina
o Colombia
o Chile
• Middle East and Africa (MEA)
o UAE
o South Africa
o Saudi Arabia
o Kuwait
o Israel
o Turkey


Order a free sample PDF of the Dermatology Devices Market Intelligence Study, published by Grand View Research.


Key Companies profiled:
• Alma Lasers GmbH
• Cynosure, Inc.
• Solta Medical, Inc.
• Cutera, Inc.
• Syneron Medical Ltd.
• Canfield Scientific, Inc.
• 3Gen
• Aesthetic Group
• Ambicare Health
• Image Derm, Inc


Recent Developments


• In July 2023, Canfield Scientific had announced the 25th World Congress of Dermatology, which was held from the 4th to the 7th of July at the Suntec Singapore Convention & Exhibition Centre. It comprised in-person demonstrations of its advanced and latest dermatology devices and solutions, including IntelliStudio, VEOS, DermaGraphix, and VECTRA WB360.


• In April 2023, Canfield Scientific was certified to both ISO 9001:2015 and ISO 13485:2016 standards for its quality management system.


• In February 2023, Candela Corporation, a global manufacturer of medical aesthetic devices announced that the dual-wavelength Frax Pro non-ablative fractional laser platform and the Nordlys multi-application platform with Selective Waveband Technology (SWT) were licensed and made available by Health Canada.

Wednesday, 4 September 2024

Sinus Dilation Devices Market Segmentation: Understanding Patient Needs and Applications

Sinus Dilation Devices Industry Overview


The global sinus dilation devices market size was valued at USD 2.74 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.6% from 2023 to 2030. The high preference for minimally invasive procedures, favorable reimbursement scenarios, rising awareness about the advantages of balloon sinuplasty over other conventional techniques, and the prevalence of chronic sinusitis are the major factors fostering the market growth. Developing advanced surgery techniques helps increase the market dynamics by replacing traditional procedures.


Gather more insights about the market drivers, restrains and growth of the Sinus Dilation Devices Market


Technological advancements, such as surgical laser technologies, in sinus surgery ensure minimal ablation and have fewer side effects. Decreased turnaround time enables these procedures to be performed in outpatient departments. For instance, in 2022, the National Health Service (NHS) introduced an innovative laser treatment for patients with epilepsy. This pioneering therapy utilizes lasers to target and treat areas of the brain that cause seizures, providing a new and advanced approach to managing epilepsy and improving patients' quality of life.


The COVID-19 pandemic led to interruptions in routine patient care. Many healthcare organizations have canceled routine clinic visits and elective surgeries to increase and maintain the availability of intensive care and inpatient care beds and have reorganized medical and nursing staff. This has particularly interrupted care for patients with chronic rhinitis. The patients opted for teleconsultations and temporary options for sinus-related problems.


For instance, in Canada, there was a significant decline in the number of surgeries during the first 31 months of the pandemic, amounting to approximately 937,000 fewer surgeries (14%) compared to the pre-pandemic period. These figures were determined by comparing the surgeries performed since March 2020 to a baseline of 2019 without considering population growth or other factors. The most substantial drop in surgeries occurred in the initial four months of the pandemic (March to June 2020), when many scheduled and non-urgent procedures were postponed or canceled across the country to align with public health guidelines.


Browse through Grand View Research's Medical Devices Industry Research Reports.


• The global wearable bioelectronic skin patches market size was estimated at USD 2.2 billion in 2023 and is projected to grow at a CAGR of 6.7% from 2024 to 2030. The market is growing rapidly due to advancements in health monitoring technology and demand for continuous health tracking.


• The global cranial fixation and stabilization devices market size was estimated at USD 2.3 billion in 2023 and is projected to grow at a CAGR of 6.1% from 2024 to 2030. This growth can be attributed due to factors such as increasing incidence of neurological disorders such as, Traumatic Brain Injuries (TBIs), brain tumors, and congenital anomalies which require cranial fixation and stabilization devices.


Sinus Dilation Devices Market Segmentation


Grand View Research has segmented the global sinus dilation device market on the basis of product, Type, procedure, application, end-use, and region:


Sinus Dilation Devices Product Outlook (Revenue in USD Million, 2018 - 2030)
• Ballon Sinus Dilation Devices
• Endoscopes
• Sinus Stents/Implants
• Functional Endoscopic Sinus Surgery (FESS) Instruments Set
• Others


Sinus Dilation Devices Type Outlook (Revenue in USD Million, 2018 - 2030)
• Sinuscopes
• Rhinoscopes


Sinus Dilation Devices Procedure Outlook (Revenue in USD Million, 2018 - 2030)
• Standalone
• Hybrid


Sinus Dilation Devices Application Outlook (Revenue in USD Million, 2018 - 2030)
• Adult
• Pediatric


Sinus Dilation Devices End-use Outlook (Revenue in USD Million, 2018 - 2030)
• Hospitals
• Ambulatory Surgical Centers
• ENT Clinics/In Office


Sinus Dilation Devices Regional Outlook (Revenue in USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Denmark
o Sweden
o Norway
• Asia Pacific
o Japan
o China
o India
o Australia
o Thailand
o South Korea
• Latin America
o Brazil
o Mexico
o Argentina
• Middle East and Africa
o South Africa
o Saudi Arabia
o UAE
o Kuwait


Order a free sample PDF of the Sinus Dilation Devices Market Intelligence Study, published by Grand View Research.


Key Companies profiled:
• Medtronic
• Smith+Nephew
• Stryker
• Intersect ENT, Inc
• Olympus Corporation
• SinuSys Corporation
• Johnson & Johnson Services, Inc.
• TE Connectivity
• InnAccel Technologies Pvt Ltd

Tuesday, 3 September 2024

Technologies in the Livestock Monitoring Market: Enhancing Animal Welfare

 


Livestock Monitoring Industry Overview


The global livestock monitoring market size was estimated at USD 4.01 billion in 2023 and is anticipated to grow at a CAGR of 11.56% from 2024 to 2030. Key factors expected to drive the market include technological advancements, rising support initiatives, increasing focus on preventive livestock monitoring and increasing dairy & meat consumption. The primary driver for this market is the growing technological advancements in the field of livestock monitoring. These advancements are in various forms like hands-free monitoring, automated technologies, penetration of Artificial Intelligence (AI), and implementation of novel technologies including drones, to name a few. For instance, in April 2023, Advantech Co. Ltd. launched a system that uses AI for early monitoring and detection of health complications in livestock. This system uses artificial intelligence (AI) and infrared vision to measure each cow's body temperature.


Gather more insights about the market drivers, restrains and growth of the Livestock Monitoring Market


The system provides access to veterinary professionals and delivers daily scanning of farm animals along with comprehensive findings. It enhances the lives of farmers and their livestock as well as the general food security of their communities, with the potential for future expansion to identify growth, feeding, and environmental conditions.


Furthermore, in February 2024, the Universitat Autònoma de Barcelona (UAB) with funding from the EU, developed a platform called ClearFarm. It monitors a wide range of factors related to the behavior of the animals, their physical and mental health, their impact on the environment, and their productivity through various sensors installed throughout the farms and on the animals. The platform gathers these data and employs an algorithm to provide precise, audience-specific information on animal welfare. On one hand, a website gives farmers access to up-to-date information on the health of the animals, with an emphasis on indicators of danger that can help them anticipate issues and implement solutions. However, customers can also find out about the health background of the animal product that they buy by scanning a QR code on the packaging, for instance, which will take them to a website featuring this data.


The field of cattle management is going to experience a substantial change as a result of such developments. These methods are ground-breaking for safeguarding animals from preventable diseases and are an initial effort towards strengthening animal welfare.


Apart from the growing technological advancements, this market is also driven by the support initiatives taken by various other entities in this industry to enhance the monitoring of livestock animals like cattle, poultry, and pigs. For instance, in April 2024, the Government of Punjab, India partnered with Brazilian experts for curbing diseases in livestock animals. With the help of proper monitoring tools, this initiatives aims to monitor and study occurrence of diseases in livestock and formulate prevention & management plans to prevent possible outbreaks. This partnership will also explore joint development of vaccines & other veterinary medicines.


Furthermore, in January 2024, Astrocast partnered with Digitanimal for development of livestock monitoring solution known as Satellite IoT (SatIoT). The two companies are collaborating jointly to commercialize a tracking device that links to the worldwide satellite network of Astrocast. Farmers will be able to remotely track livestock thanks to the SatIoT-based collar. They will be able to manage their herds and implement remote farming techniques as an outcome. The companies aiming to enable every farmer in the world to track and connect their animals to the cloud.


Additionally, as recently as June 2024, the USDA initiated a monitoring & surveillance program in the U.S. to track spread of avian influenza in the livestock population. Under this program, the farmers and producers are required to conduct a weekly monitoring and testing of the herd to ensure timely detection and treatment of the disease. By encouraging the use of innovative monitoring tools and technologies, these kinds of initiatives drive the market by helping farmers track and manage their herds with greater proficiency and by lowering the possibility of disease outbreaks.


Because of this, the market is anticipated to grow significantly, propelled by the growing need for effective livestock management and disease prevention. Governments, companies, and trained professionals working together will speed up the development and adoption of advanced livestock monitoring systems.


Browse through Grand View Research's Animal Health Industry Research Reports.


• The global veterinary ventilators market size was estimated at USD 579.7 million in 2023 and is projected to grow at a CAGR of 3.1% from 2024 to 2030, driven by the increasing prevalence of respiratory diseases in animals, advancements in veterinary medicine and greater adoption of these devices in clinical settings.


• The global veterinary cardiology market size was estimated at USD 2.64 billion in 2023 and is projected to grow at a CAGR of 8.2% from 2024 to 2030. The increasing demand forpet humanization and rising pet ownership globally has increased the demand for veterinary cardiology.


Livestock Monitoring Market Segmentation


Grand View Research has segmented the global livestock monitoring market report based on animal, solution, application, sector, and region:


Livestock Monitoring Animal Outlook (Revenue, USD Million, 2018 - 2030)
• Bovine
• Poultry
• Swine
• Other Animals


Livestock Monitoring Solution Outlook (Revenue, USD Million, 2018 - 2030)
• Hardware
o Sensors
o GPS/RFID
o Other Hardware
• Software
o On-premise
o Cloud
• Services


Livestock Monitoring Application Outlook (Revenue, USD Million, 2018 - 2030)
• Milking Management
• Breeding Management
• Feeding Management
• Health Monitoring
• Behavioral Monitoring
• Other Applications


Livestock Monitoring Sector Outlook (Revenue, USD Million, 2018 - 2030)
• Dairy
• Meat
• Other Sectors


Livestock Monitoring Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Denmark
o Sweden
• Asia Pacific
o Japan
o India
o China
o South Korea
o Australia
o Thailand
• Latin America
o Brazil
o Argentina
• Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o UAE
o Kuwait


Order a free sample PDF of the Livestock Monitoring Market Intelligence Study, published by Grand View Research.


Key Companies profiled:
• Afimilk Ltd.
• DeLaval
• BouMatic
• Merck & Co., Inc. (Allflex)
• Zoetis
• Lely
• Moocall
• GEA Group Aktiengesellschaft
• Fullwood Packo
• Dairymaster
• Fancom BV
• Nysbys
• PsiBorg Technologies Pvt. Ltd
• Boehringer Ingelheim


Recent Developments


• In July 2024, Fancom BV collaborated with OptiFarm for development of a novel livestock management software using AI models. The testing of this product is currently underway in select locations in Netherlands.


• In April 2024, BouMatic partnered with Brolis Sensor Technology to develop integrations between technologies of both companies a develop novel products for dairy farming.


• In April 2024, Merck launched SENSEHUB Dairy Youngstock, that has activity monitoring capabilities for use in cattle population.


• In January 2024, Nikon launched NiLIMO, a platform that utilizes AI for enabling the farmer to monitor their livestock animals for 24 hours and 365 days of the year. The AI used in this system notifies the owner at the time of calving period of the livestock.


• In January 2024, Practo India launched Verdant Impact, an animal husbandry platform for livestock that has RFID-based health monitoring and telemedicine features.


• In September 2023, John Deere and DeLaval partnered to develop a digital system for farm and herd monitoring of dairy operations.

Dental 3D Printing Market: Current Trends and Future Outlook

 


Dental 3D Printing Industry Overview


The global dental 3D printing market size was estimated at USD 3.1 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 26.4% from 2024 to 2030. 3D printing dentistry has established a strong position in today’s dental products due to the combination of state-of-art technology and a potential footprint. The design and development of advanced products such as invisible aligners, advanced fabrication to provide an aesthetic look, and delivery positioning are some of the factors that are increasing the demand and adoption of dental 3D printers. The user-friendliness and ease of 3D printing procedures have promoted the dentistry industry to print products that can meet the dental requirements of different individuals. These printers will increase the output and also reduce fabrication time. Furthermore, the digitalized workflow will also overcome procedural discomfort and enhance customer satisfaction.


Gather more insights about the market drivers, restrains and growth of the Dental 3D Printing Market


The market is growing at a significant rate and is expected to grow further in emerging economies. The American College of Prosthodontists stated that about 15% of the edentulous population makes dentures each year. Edentulism affects the most vulnerable populations – economically disadvantaged and aging populations. Around 120 million people in the U.S. are missing at least one tooth and more than 36 million Americans do not have any teeth. These numbers are expected to grow in the next two decades. The majority of aged population needs to go for replacements of the tooth. However, even partially toothless, aged or young people undergo dental procedures as they view dental implants as a viable option.


COVID-19 has caused a huge disruption in the supply chain of the overall medical device industry. The outbreak has resulted in a decrease in the number of procedures performed each year, resulting in an overall decline in the market. The demand and sale of dental equipment and procedures were negatively impacted due to the global restrictions and lockdowns in most countries. Furthermore, many device manufacturers shifted their focus to fight against coronavirus outbreaks. For instance, in March 2020, 3D printer company Formlabs reported that it was using more than 250 in-house 3D printers at its printing facility in Ohio to produce up to 150,000 COVID-19 test swabs per day. However, the medical device industry is trying to recover from the pandemic.


In recent years, the medical device industry has witnessed a significant number of consolidations in the market. Major manufacturers are using acquisition and collaboration strategies to expand their business operations by leveraging their product portfolio worldwide. The competitive nature of the market is likely to enhance further with a rise in product innovations, product/service extensions, and M&A. For instance, Stratasys Ltd. American-Israeli manufacturer, and a leading provider of polymer 3D printing solutions in December 2021, introduced the Stratasys Origin One Dental, the advanced printer in the growing portfolio of the company’s 3D printing solutions for the dental industry.


The U.S. dominates the market and is expected to continue during the forecast period. The surging demand for cosmetic dentistry, technological advancements, and the growing awareness among individuals regarding the maintenance of oral health are propelling the market growth. Other factors, including the rising geriatric population, increasing healthcare expenditure, favorable government policies, and improving healthcare infrastructure, are also expected to create a positive market outlook. Furthermore, the leading manufacturers are engaging in research and development (R&D) activities to launch innovative product variants.


Browse through Grand View Research's Medical Devices Industry Research Reports.


• The global dental matrix systems market size was valued at USD 395.4 million in 2023 and is estimated to grow at a CAGR of 5.9% from 2024 to 2030. The market is expected to grow significantly in the coming years due to the growing demand for restorative dentistry.


• The global balloon valvuloplasty devices market size was valued at USD 2.28 billion in 2023 and is projected to grow at a CAGR of 4.1% from 2024 to 2030. Rheumatic heart disease (RHD) is a serious cardiovascular condition that arises from damage to the heart valves due to rheumatic fever.


Dental 3D Printing Market Segmentation


Grand View Research has segmented the global dental 3D printing market on the basis of application, technology, end-use, and region:


Dental 3D Printing Application Outlook (Revenue, USD Billion, 2018 - 2030)
• Orthodontics
• Prosthodontics
o Dentures
o Temporary Tooth
o Permanent Tooth
• Implantology


Dental 3D Printing Technology Outlook (Revenue, USD Billion, 2018 - 2030)
• Vat Photopolymerization
o Stereolithography
o Digital Light Processing
• Polyjet Technology
• Fused Deposition Modelling
• Selective Laser Sintering
• Others


Dental 3D Printing End-use Outlook (Revenue, USD Billion, 2018 - 2030)
• Dental Clinics
• Dental Laboratories
• Academic And Research Institutes


Dental 3D Printing Regional Outlook (Revenue, USD Billion, 2018 - 2030)
• North America
o U.S.
o Canada
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Denmark
o Sweden
o Norway
• Asia Pacific
o China
o Japan
o India
o Australia
o South Korea
o Thailand
• Latin America
o Brazil
o Mexico
o Argentina
• Middle East & Africa
o South Africa
o Saudi Arabia
o UAE
o Kuwait


Order a free sample PDF of the Dental 3D Printing Market Intelligence Study, published by Grand View Research.


Key Companies profiled:
• 3D Systems
• Stratasys Ltd
• Renishaw
• Roland DG
• SLM Solutions
• EnvisionTec
• DentsPly Sirona
• Straumann
• Form Labs
• Prodways
• Planmeca

Breast Reconstruction Market: Regulatory Landscape And Compliance


Breast Reconstruction Industry Overview


The global breast reconstruction market size was estimated at USD 2.0 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 6.54% from 2024 to 2030. This growth is being aided by the rising breast cancer cases along with the presence of favorable reimbursement policies. Additionally, a rise in the number of breast reconstruction procedures, as well as technological developments, is anticipated to drive market expansion.

 

As per Medicare, breast reconstruction can be reimbursed provided the patient has undergone breast mastectomy owing to breast cancer. Moreover, as per Services Australia, the external breast prosthesis reimbursement program can reimburse breast prostheses after breast cancer. Such factors are expected to propel industry growth.


Gather more insights about the market drivers, restrains and growth of the Breast Reconstruction Market


Moreover, to meet the increasing demand for breast reconstruction, key players are undertaking various strategic initiatives, such as product launches, awareness campaigns, and geographic expansions. For instance, the American Society of Plastic Surgeons and The Plastic Surgery Foundation organized the Breast Reconstruction Awareness Day program on October 18, 2023. The main purpose of this program was to create awareness about breast reconstruction among women when diagnosed with breast cancer. Similarly, in October 2021, Sientra, Inc. along with Mission Plasticos launched a philanthropic initiative, ‘Reshaping Lives: Full Circle’. This was aimed at providing women living in poverty with breast reconstruction post-mastectomy.


Breast Reconstruction Market Segmentation


Grand View Research has segmented the global breast reconstruction market based on product, shape, end-use, and region:


Breast Reconstruction Product Outlook (Revenue, USD Million, 2018 - 2030)
• Implants
o Silicone Breast Implants
o Saline Breast Implants
• Tissue Expander
o Saline Expander
o Air Tissue Expander
• Acellular Dermal Matrix


Breast Reconstruction Shape Outlook (Revenue, USD Million, 2018 - 2030)
• Round Shape
• Anatomical Shape


Breast Reconstruction End-use Outlook (Revenue, USD Million, 2018 - 2030)
• Hospitals
• Cosmetology Clinics
• Ambulatory Surgical Centers


Breast Reconstruction Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Denmark
o Sweden
o Norway
• Asia Pacific
o Japan
o China
o India
o Australia
o South Korea
o Thailand
• Latin America
o Brazil
o Mexico
o Argentina
• Middle East and Africa
o South Africa
o Saudi Arabia
o UAE
o Kuwait 

 

Order a free sample PDF of the Breast Reconstruction Market Intelligence Study, published by Grand View Research.


Key Companies profiled:
• Mentor Medical Systems B.V. (Johnson & Johnson)
• Allergan, Inc. (AbbVie)
• Sientra, Inc.
• Ideal Implant Incorporated
• Establishment Labs
• POLYTECH Health & Aesthetics GmbH
• RTI Surgical
• Sebbin
• Integra LifeSciences
• GC Aesthetics

Digital Diabetes Management Market: Empowering Patients Through Technology

 


Digital Diabetes Management Industry Overview


The global digital diabetes management market size was valued at USD 11.8 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030. The market’s robust growth is majorly attributed to the growing prevalence of diabetes, coupled with technological advancements and innovations. As per the International Diabetes Federation, around 537 million adults were living with diabetes in 2021, with the number expected to reach 783 million by 2045. As digital technology is continuously advancing, the market is expected to witness a wide range of innovations within the diabetes space, which has the potential to change the way we manage the disease. The number of smartphone apps available for diabetes management has increased sharply in recent years, and over a hundred apps are available on web-based app stores that can help patients monitor their blood glucose levels.


Gather more insights about the market drivers, restrains and growth of the Digital Diabetes Management Market


Rapidly changing lifestyle patterns, such as smoking and increasing consumption of alcohol, are expected to contribute to the increasing incidence of diabetes worldwide. Moreover, obesity is another major factor in the fast-growing number of diabetes patients. The market for diet and weight management apps is showing great potential with the increasing obese population, coupled with the growing awareness regarding these services among patients.


Diabetes is a clinical condition where the inability of the pancreas to produce insulin causes an increase in glucose levels in the body. Diabetic patients face many daily challenges, such as not knowing what to eat, understanding medical advice, and the impact of food and activity on sugar. The anytime and everywhere nature of digital technologies enables patients to address their health concerns by communicating with the medical staff and exchanging data. Connecting patients and their care teams has developed a digital ecosystem of data-driven solutions to improve diabetes treatment.


The COVID-19 pandemic positively impacted the digital diabetes management devices market. Managing blood glucose levels became critical for patients admitted to hospitals with severe lung infections. Medications used to treat the disease led to a significant change in patient blood glucose levels. Moreover, the Centers for Disease Control and Prevention highlighted that people living with diabetes and diagnosed with COVID-19 were at high risk of being admitted to critical care. Thus, the need for using diabetes management devices significantly increased.


Browse through Grand View Research's Medical Devices Industry Research Reports.


• The global balloon valvuloplasty devices market size was valued at USD 2.28 billion in 2023 and is projected to grow at a CAGR of 4.1% from 2024 to 2030. Rheumatic heart disease (RHD) is a serious cardiovascular condition that arises from damage to the heart valves due to rheumatic fever.


• The global oxygen conservation devices market size was valued at USD 1.79 billion in 2023 and is projected to grow at a CAGR of 12.1% from 2024 to 2030. The growth is due to the global rise in the aging population with an increasing occurrence of chronic respiratory diseases such as chronic obstructive pulmonary disease (COPD) and asthma fueling the demand for breathing devices.


Digital Diabetes Management Market Segmentation


Grand View Research has segmented the global digital diabetes management market based on product, type, end-use, and region:


Digital Diabetes Management Product Outlook (Revenue, USD Million, 2018 - 2030)
• Smart Glucose Meter
• Continuous Blood Glucose Monitoring System
• Smart Insulin Pens
• Smart Insulin Pumps
• Apps
o Digital Diabetes Management Apps
o Weight & Diet Management Apps


Digital Diabetes Management Type Outlook (Revenue, USD Million, 2018 - 2030)
• Wearable Devices
• Handheld Devices


Digital Diabetes Management End Use Outlook (Revenue, USD Million, 2018 - 2030)
• Hospitals
• Home settings
• Diagnostic centers


Digital Diabetes Management Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Sweden
o Norway
o Denmark
• Asia Pacific
o Japan
o China
o India
o Australia
o Thailand
o South Korea
• Latin America
o Brazil
o Mexico
o Argentina
• Middle East & Africa
o South Africa
o Saudi Arabia
o UAE
o Kuwait


Order a free sample PDF of the Digital Diabetes Management Market Intelligence Study, published by Grand View Research.


Key Companies profiled:
• Abbott
• Medtronic
• F. Hoffmann-La Roche Ltd.
• Bayer AG
• Sanofi
• Dexcom, Inc.
• LifeScan, Inc.
• Insulet Corporation
• Ascensia Diabetes Care Holdings AG
• B. Braun Melsungen AG

Monday, 2 September 2024

Urinary Catheters Market Future Opportunities And Challenges In Medical Devices

Urinary Catheters Industry Overview

 

The global urinary catheters market size was valued at USD 5.2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. An increase in the number of patients suffering from Urinary Tract Infections (UTIs) and blockages in the urethra, rising cases of tumors in the urinary tract or reproductive organs, and the rapidly growing geriatric population are some of the key factors driving the market growth. A urinary catheter is a partially flexible tube for draining urine from the bladder.

 

The materials that are used in the manufacturing of these catheters include plastic, rubber, and silicon. Doctors recommend the use of urinary catheters in the case of Urinary Incontinence (UI), urinary retention, prostate surgery, or other medical conditions, such as spinal cord injury, multiple sclerosis, or dementia.


Gather more insights about the market drivers, restrains and growth of the Urinary Catheters Market

 

The COVID-19 is expected to have a positive impact on catheters market. According to National Center for Biotechnology Information, in 2020, both urinary catheter and central line Standardized Utilization Ratio (SUR) increased during the COVID-19 outbreak. From 0.88 before the COVID-19 pandemic to 0.92 during the outbreak, the central line SUR increased by 4.9%. SUR of urinary catheters increased by 7.4% during the pandemic, from 0.79 before COVID-19 to 0.84 after COVID-19. This is projected to boost market growth over the forecast period. Moreover, the pandemic has brought attention to the critical need for infection prevention. As a result, several manufacturers are developing products such as coated urine catheters with temperature monitoring to ICU patients as a stronger protection against secondary infections, which is expected to boost market growth. For instance, in February 2021, Health Canada has approved Bactiguard's urine catheter with temperature sensor for infection prevention. COVID-19 prompted the approval because Bactiguard's catheters can lower the incidence of secondary infections in critically ill patients, boosting market growth.


In addition, adoption of teleconsultation services by patients with urological conditions is encouraged by the governments of different countries to reduce the risk of COVID-19 transmission. Many patients have adopted online counseling for their health-related concerns. Many market players are launching platforms to provide online counseling and guidance to patients who cannot visit healthcare facilities for treatment. For instance, in India, Friends, the adult diaper brand from Nobel Hygiene launched a new campaign asking everyone to identify the symptoms as they spend more time at home during the lockdown. This campaign highlights the issue of urinary incontinence that is faced by the elderly in the families and offers telematic assistance to continue taking care of patients suffering from urinary incontinence. Such factors are expected to positively impact the demand of urinary catheters over the forecast period.


The increasing prevalence of urological disorders, such as urinary retention, cystitis, benign prostatic hyperplasia, urinary incontinence, and kidney stones, which lead to bladder dysfunction are some of the major factors that are anticipated to drive the product demand globally. The rising number of patients suffering from such urinary dysfunctions requires catheterization for the management & drainage of urine and, thus, demand for these products is expected to advance the market. For instance, as per the National Health Service (NHS) England, around 61% of the male population and around 34% of women are suffering from lower urinary tract conditions. Furthermore, according to Phoenix Physical Therapy, 200 million people are affected by UI worldwide. Thus, the rising incidence of urological dysfunctions and related surgeries has augmented the demand for urinary catheters for post-operative convenience. This is expected to drive market growth over the forecast period.


Urinary retention due to bladder neck obstruction, neurological abnormalities, and posterior urethral stricture is more common. Intermittent catheterization is covered by Medicare and Medicaid when the basic criteria for reimbursement are met. The Medicaid program reimburses a patient for 120 intermittent catheters per month. The reimbursement covers straight, coude, catheters kits, and various brands of catheters with hydrophilic & antimicrobial coatings, whereas the Medicare program allows reimbursement for a maximum of 200 sterile and single-use intermittent catheters per month.

 

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Urinary Catheters Market Segmentation

 

Grand View Research has segmented the global urinary catheters market based on product, application, type, gender, end-user, and region:

 

Urinary Catheters Product Outlook (Revenue, USD Million, 2018 - 2030)


• Intermittent Catheters
• Foley/ Indwelling Catheters
• External Catheters

 

Urinary Catheters Application Outlook (Revenue, USD Million, 2018 - 2030)


• Benign Prostate Hyperplasia & Prostate Surgeries
• Urinary Incontinence
• Spinal Cord Injury
• Others

 

Urinary Catheters Type Outlook (Revenue, USD Million, 2018 - 2030)


• Coated Catheters
• Uncoated Catheters

 

Urinary Catheters Gender Outlook (Revenue, USD Million, 2018 - 2030)


• Male
• Female

 

Urinary Catheters End-user Outlook (Revenue, USD Million, 2018 - 2030)


• Hospital
• Clinics
• Long-Term Care Facilities
• Others

 

Urinary Catheters Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
o U.S.
o Canada
• Europe
o Germany
o UK
o France
o Italy
o Spain
o Denmark
o Sweden
o Norway
• Asia Pacific
o Japan
o China
o India
o Australia
o South Korea
o Thailand
• Latin America
o Mexico
o Brazil
o Argentina
• Middle East and Africa
o South Africa
o Saudi Arabia
o UAE
o Kuwait


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Key Companies profiled:

 

• Hollister, Inc.
• Medtronic PLC
• Boston Scientific Corp.
• BD (C.R. Bard, Inc.)
• Cook Medical
• ConvaTec, Inc.
• Teleflex, Inc.
• Coloplast
• B. Braun Melsungen AG
• Medline Industries, Inc.
• J and M Urinary Catheters LLC.