Medical Device Complaint Management Market Poised to Expand at a Robust Pace of USD 10.2 Billion Over 2026

Medical Device Complaint Management Market Growth & Trends

The global medical device complaint management market size is expected to reach USD 10.2 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 7.6% during the forecast period. Increasing use of software to support the entire complaint management process is propelling the growth.

The transition from paper-based to digital system for tracking complaints is boosting growth of the market. Incidents are recorded and the data automatically drives the investigation and resolution workflow. Companies experience more complete documentation along with the reduction in the turnaround time. The complaints management solution provides advanced analytics and reporting tools for augmented management oversight. The software also streamlines the submissions with standard reporting for the EU, FDA, Japan, Health Canada, and Australia.

For instance, the U.S. FDA encourages consumers, patients, and healthcare professionals to give voluntary reports of important adverse events, and/or product issues to MedWatch, FDA’s Safety Information and Adverse Event Reporting Program or by means of the mobile app known as MedWatcher. The app radically simplifies and accelerates the process of reporting by providing users with a four-step form submitted electronically to the FDA.

Regulators are gradually concentrating on handling customer complaints, product safety, and device vigilance. This is not only true in developed countries, but also in emerging economies such as India. The Indian government introduced medical devices regulation program, Materiovigilance Programme of India (MvPI) with focus on safety data collection, synchronization of international laws, regulations, and standards encourages medical device organizations to evaluate their existing procedures of product development and post-marketing surveillance.

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Medical Device Complaint Management Market Report Highlights

• Product surveillance and regulatory compliance emerged as the largest segment owing to greater emphasis put on product surveillance by regulatory agencies
• North America held the largest market share in 2017 owing to stern regulatory requirements and heavy monetary fines in this region. All the device manufacturers, importers, and distributors are required to comply with the complaint and record requirement
• Some of the key players operating in the medical device complaint management market include IQVIA, Wipro, Tata Consulting Services, SAS, Sparta Systems, Parexel International Corporation, Biovia, AssurX, MasterControl, and Freyr.

Medical Device Complaint Management Market Segmentation

Grand View Research has segmented the global medical device complaint management market based on service and region:

Medical Device Complaint Management Service Outlook (Revenue, USD Million, 2014 - 2026)

• Complaints Log / Intake
  • Receive Complaints
  • Classify the Issue
  • Record Issue
• Product Surveillance & Regulatory Compliance
  • Reportable/Non Reportable
  • Medical Device Vigilance/Medical Device Reporting
  • Field Action
• Returned/ Non-Returned Product Analysis
  • Complaint Investigation
  • Root Cause Analysis, Testing
  • Corrective/Preventive Action
• Resolve & Closure
  • Complaint Summary
  • Customer Letter Creation

Medical Device Complaint Management Regional Outlook (USD Million, 2014 - 2026)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • Japan
  • China
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa
  • South Africa
  • Saudi Arabia

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Fractional Flow Reserve Market Increase at a CAGR of 10.4% from 2019 to 2026

Fractional Flow Reserve Market Growth & Trends

The global fractional flow reserve market size is expected to reach USD 1.20 billion by 2026, according to a new report by Grand View Research, Inc. expanding at a CAGR of 10.4% over the forecast period. widening base of cardiovascular diseases coupled with mounting cases of diabetes in developed as well as developing economies is escalating the growth of the market. Furthermore, launch of novel devices in fractional flow reserve (FFR) market such as guidewires and monitoring systems are also anticipated to aid market growth. For instance, in May 2019, Philips launched IntraSight interventional applications platform. This platform offers comprehensive unit of IVUS, FFR, IFR and co-registration modalities to speed up the routine procedures and simplify complex interventions.

In an independent study by SCAI, in 2019 it was observed that FFR possess the capability to decide the treatment plan for Acute Coronary Syndrome (ACS) which could be either PCI (Percutaneous Coronary Intervention) or CABG (Coronary Artery Bypass Grafting). This is anticipated to help the physicians and provide effective treatment plan to patients, thereby increasing adoption of the same in coming five years.

Moreover, consolidation activities, such as acquisition of St. Jude by Abbott in 2017 in order to increase its foothold in the cardiovascular devices market, is likely to keep the market highly competitive and thereby, augur well for the overall market.

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Fractional Flow Reserve Market Report Highlights

• FFR monitoring systems accounted for significant share of over 40.0% in 2018 owing to the extensive usage in single and multiple vessel CAD.
• FFR guidewires is expected grow at a profitable growth rate over the forecast period due to increase in fractional flow reserve procedures conducted globally.
• North America held the significant share of FFR devices industry as of 2018, due to the increased investment in R&D by the medical device companies. For instance, a bill was approved by the U.S. congress in May 2018 via which an individual can try unproven medical aids comprising drugs, medications and devices in case of severe illness.
• Asia Pacific regional FFR industry is anticipated to witness major growth due to rising healthcare spending and rise in diabetes cases in countries such as China and India.
• Some of the key companies operating in the fractional flow reserve market are OPSENS Medical, Abbott Laboratories, Boston Scientific, and Bracco S.p.A. among others.
• The industry participants are engaged in extensive research activities to develop novel FFR devices for diagnosis of cardiac disorders.

Fractional Flow Reserve Market Segmentation

Grand View Research has segmented the global fractional flow reserve report on the basis of product, application, and region:

Fractional Flow Reserve Product Outlook (Revenue, USD Million; 2014 - 2026)

• FFR guidewires
• FFR monitoring systems

Fractional Flow Reserve Application Outlook (Revenue, USD Million; 2014 - 2026)

• Multi-vessel coronary artery disease
• Single-vessel coronary artery disease

Fractional Flow Reserve Regional Outlook (Revenue, USD Million; 2014 - 2026)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Latin America
  • Mexico
  • Brazil
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • Turkey

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Clinical Oncology Next Generation Sequencing Market Expected to Deliver Dynamic Progression By 2025

The global clinical oncology next generation sequencing (NGS) market size is expected to reach USD 1.5 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 13.2% over the forecast period. Rise in demand for personalized medicine, coupled with growth in next generation sequencing technology, is anticipated to accelerate the growth of NGS technology in clinical diagnostics.

Owing to the fact that next generation sequencing offers several advantages such as sensitivity, accuracy, and speed, this technology is anticipated to drive the oncology clinical diagnostics market. Furthermore, next generation sequencing aids in the assessment of multiple genes in a single assay, thereby eliminating the need to order several tests for determination of underlying mutation.

North America held the dominant share in the global the market for clinical oncology NGS in 2018 owing to increased focus of government bodies on cancer treatment, rise in healthcare expenditure, and presence of adequate infrastructure in the healthcare industry. Asia Pacific is expected to be the fastest-growing regional market throughout the forecast period majorly due to continuous reforms in the healthcare and pharmaceutical industries in the region. Presence of untapped markets in emerging economies in the region will also benefit regional growth. 

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https://www.grandviewresearch.com/industry-analysis/clinical-oncology-next-generation-sequencing-ngs-market

Further key findings from the report suggest:

• By technology, targeted sequencing and resequencing held the largest share in 2018 owing to frequent usage in cancer diagnostics. On the other hand, whole-genome sequencing (WGS) is expected to grow at a lucrative rate owing to wide-scale applications and rising demand for the technique
• Based on application, companion diagnostics is anticipated to witness the fastest growth as a consequence of presence of a substantial number of pharmaceutical and diagnostic developers collaborating to commercialize the products. These participants are focused on extensive R&D in companion diagnostics to obtaining regulatory approval for novel assays combined with pharmaceuticals
• On the basis of end use, the clinics segment will expand at a significant growth rate thanks to increase in feasibility for the use of next generation sequencing technology
• North America occupied the largest share owing to increased focus of government bodies on cancer treatment, rise in healthcare expenditure, and presence of adequate healthcare infrastructure
• Asia Pacific is expected to grow at the fastest rate due to continuous reforms in the healthcare and pharmaceutical sectors, accompanied by improvement in reimbursement policies
• Illumina, Inc.; Thermo Fisher Scientific; F. Hoffmann-La Roche Ltd; Agilent Technologies; Myriad Genetics; Beijing Genomics Institute (BGI); Perkin Elmer; Foundation Medicine; Pacific Bioscience; Oxford Nanopore Technologies Ltd; Paradigm Diagnostics; Caris Life Sciences; Partek, Inc.; Eurofins Scientific S.E; and Qiagen N.V. are some of the key participants operating in this market. These participants are engaged in new product development and strategic alliances for enhancing their competitive footprint in the market.

Grand View Research has segmented the global clinical oncology NGS market on the basis of technology, workflow, application, end use, and region:

Clinical Oncology NGS Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Whole Genome Sequencing
• Whole Exome Sequencing
• Targeted Sequencing & Resequencing

Clinical Oncology NGS Workflow Outlook (Revenue, USD Million, 2014 - 2025)

• NGS Pre-Sequencing
• NGS Sequencing
• NGS Data Analysis

Clinical Oncology NGS Application Outlook (Revenue, USD Million, 2014 - 2025)

• Screening
  • Sporadic Cancer
  • Inherited Cancer
• Companion Diagnostics
• Others

Clinical Oncology NGS End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Hospitals
• Clinics
• Laboratories

Clinical Oncology NGS Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
• Asia Pacific
  • Japan
  • China
• Latin America
  • Brazil
• Middle East and Africa (MEA)
  • South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

U.S. Population Health Management Market is Anticipated to Generate Significant Revenues by 2027

U.S. Population Health Management Market Growth & Trends

The U.S. population health management market size is expected to reach USD 62.2 billion in 2027, registering a CAGR of 20.5% over the forecast period, according to a new report by Grand View Research, Inc. Increase in healthcare expenditure, need for value-based healthcare delivery, and effective disease management across different care settings are among key factors likely to drive the market during the forecast period.

Population health management stratifies population groups at risk and identifies high cost diseases and conditions, ultimately deriving the members that need to participate in disease management programs. Furthermore, insurance providers have initiated partnerships with healthcare providers through PHM integration for cost containment and value delivery. Due to the shift of healthcare providers and payers from volume to value-based care delivery, tools like PHM solutions are critical in addressing their needs. PHM solutions are an important part of Quality Payment Program (QPP), launched by the Centers for Medicare & Medicaid Services (CMS).

In U.S., poor healthcare management results in the loss of productivity and a significant portion of healthcare costs. Adoption of PHM software by employers helps in the management of their healthcare budget as they can keep a track of the employees’ health status. The U.S. PHM market is likely to witness rapid growth in the coming years due to growing demand for healthcare IT services and solutions that encourage healthcare delivery reliant on value, resulting in a transition from Fee-For-Service to a value-based payment model.

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U.S. Population Health Management Market Report Highlights

• In 2010, the U.S. government introduced the Patient Protection and Affordable Care Act, which ensures provision of high-quality care, while reducing cost. This has encouraged the establishment of various Accountable Care Organizations (ACOs)
• Increase in healthcare expenditure, need for value-based healthcare delivery, and effective disease management across different care settings is expected to propel the U.S. population health management market growth
• The services segment dominated the overall market in terms of revenue in 2019, while the software segment is likely to experience the fastest growth over the forecast period
• Healthcare providers held a majority of the market in 2019 as population health management gives providers the flexibility to manage complex clinical data and assist in generating real-time insights. These functionalities and advantages offered by PHM are responsible for its increased adoption by healthcare providers
• Some of the companies operating in this market are Cerner; Allscripts Healthcare, LLC; Conifer Health Solutions, LLC; eClinicalWorks; Enli Health Intelligence; McKesson Corporation, Optum, Inc.; Advisory Board; Koninklijke Philips N.V.; and athenahealth, Inc.
• In May 2018, Allscripts acquired HealthGrid Holding Company, enabling Allscripts to integrate HealthGrid’s capabilities into its FollowMyHealth platform.

U.S. Population Health Management Market Segmentation

Grand View Research has segmented the U.S. population health management market based on product and end use:

U.S. Population Health Management Product Outlook (Revenue, USD Million, 2016 - 2027)

• Software
• Services 

U.S. Population Health Management End-use Outlook (Revenue, USD Million, 2016 - 2027)

• Provider
• Payers
• Employer Groups

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Sternal Closure Systems Market to Grow at Moderate CAGR of 5.4% Through 2026

The Report Sternal Closure Systems Market Size, Share & Trends Analysis Report By Product (Closure Devices, Bone Cement), By Material (Stainless Steel, PEEK, Titanium), By Procedure, And Segment Forecasts, 2018 - 2025

The global sternal closure systems market size is expected to reach USD 2.96 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.4% during the forecast period. The market is driven by growing number of surgeries undertaken to treat complex cardiovascular problems. For instance, according to data published by American Heart Association (AHA), around 520,000 Coronary Artery Bypass Graft (CABG) surgeries were performed in the U.S. in 2014. The report further states that more than 800,000 CABG surgeries are performed worldwide every year.

Furthermore, the National Health Interview Survey conducted by CDC in 2016 concluded that 28.1 million people in the U.S. were diagnosed with heart related disorders, including valvular heart disease and cardiac arrest. Moreover, increasing research and development activities are paving way for advanced systems such as talon systems and double sternal wires. This, coupled with favorable reimbursement criteria, is bolstering market growth.

Mergers and acquisitions, new product development, and geographical expansion are key strategies adopted by players to stay ahead in the market. For instance, KLS Martin, started its sales operations in the U.K., the Netherlands, Italy, France, Australia, Russia, Dubai, Japan, Malaysia, and Brazil in last couple of years in order to increase its geographical presence. The company is also focusing on Asia Pacific due to presence of large patient pool in the region. In line with the strategy, in June 2016, the company started a manufacturing unit in Chennai, India.

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Further key findings from the report suggest:

• Rising adoption of cardiothoracic surgeries, including Coronary Artery Bypass Graft (CABG), Aortic valve surgery, and Arrhythmia surgery, is projected to augment the market
• Growing population of geriatrics across the globe is expected to stoke the growth of the market
• The closure devices segment held the leading share in the global arena in 2017, owing to introduction of technologically advanced clips and wires globally and favorable reimbursement regulations offered in developed regions such as North America and Europe
• The PEEK segment is anticipated to post significant growth over the coming years due to several benefits offered by the material, including biocompatibility, chemical resistance, end-product purity, high temperature resistance, and thermoformable nature
• North America dominated the market in 2017. The growth of the region can be attributed to presence of a large number of players and high competitive rivalry in the market. Moreover, rising adoption of technologically advanced systems coupled with presence of skilled professionals are likely to provide a fillip to the regional market
• Asia Pacific is poised to register the highest CAGR during forecast period. Increasing per capita income, improving healthcare infrastructure, and rising patient pool are estimated to drive the market
• The market is currently consolidated, with few companies capturing major shares. However, increasing demand for innovative technologies and recent market dynamics are making way for new entrants.

Grand View Research has segmented the global sternal closure systems market on the basis of product type, material, procedure, and region:

Sternal Closure Systems Product Outlook (Revenue, USD Million, 2014 - 2025)

• Closure Devices
• Bone Cement

Sternal Closure Systems Material Outlook (Revenue, USD Million, 2014 - 2025)

• Titanium
• Polyether Ether Ketone (PEEK)
• Stainless Steel
• Others

Sternal Closure Systems Procedure Outlook (Revenue, USD Million, 2014 - 2025)

• Median Sternotomy
• Hemisternotomy
• Bilateral Thoracosternotomy

Sternal Closure Systems Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Minimally Invasive Surgical Instruments Market Size Is Expected To Reach $42.2 Billion by 2026

The global minimally invasive surgical instruments market size is expected to reach USD 42.2 billion by 2026 progressing at a CAGR of 9.85% over the forecast period according to a new report by Grand View Research, Inc. The preference for minimally invasive surgical (MIS) procedures is rising as they are less traumatic than traditional open surgeries and they facilitate faster recover process. Patients can resume their daily activities in shorter time after minimally invasive procedures.

According to a research article published in the medical journal, JAMA Surgery, in March 2015, the use of minimally invasive surgeries for routine operations of colon, lungs, and appendix can result in reduction of postoperative complications, thereby saving nearly USD 280 million to USD 340 million per year. Investments in minimally invasive surgical instruments are gradually rising in hospitals, thereby driving the market.

In addition, the costs involved in MIS procedures are significantly less than in-patient and conventional open surgeries. Therefore, MIS procedures prove to be beneficial for patients as well as payers. The benefits of minimally invasive surgical instruments in various areas of orthopedics have contributed to the growing demand for less traumatic alternatives with minimum tissue disruption of bones.

Access Research Report of Minimally Invasive Surgical Instruments Market @ https://www.grandviewresearch.com/industry-analysis/minimally-invasive-surgical-instruments-market

Further Key Findings from the Report Suggest:

• Minimal invasive technologies are designed to cause less trauma than traditional open surgeries, reduced blood loss, minimal scarring, and low chances of infection
• Handheld instruments dominated the device segment in terms of revenue share in 2018. On the other hand, electrosurgical devices are expected to witness the fastest growth rate during the forecast period.
• Orthopedic segment dominated the application segment in terms of revenue share in 2018. Minimally invasive surgical procedures in various areas of orthopedics offer alternatives with minimum tissue disruption.
• Continuous adoption of minimally invasive surgical techniques for spine related procedures has led to the expansion of procedural volumes for orthopedic MIS
• Hospital segment held a majority of the end use segment share in 2018. On the other hand, ambulatory surgically centers are likely to experience fastest growth in the coming years.
• Ambulatory surgical centers offer same day surgery and discharge at lower costs. At present, over 5,500 Medicare certified ambulatory care centers are present in the U.S.
• North America held majority of the MIS instruments market share in 2018 due to the presence of supportive reimbursement framework for innovative MIS devices and procedures
• Medtronic, Abbott, NuVasive, Inc., CONMED, Stryker, Smith & Nephew, Zimmer Biomet, and Intuitive Surgical, Inc. are some of the key players operating in this market

Grand View Research has segmented the MIS instruments market based on device, application, end use, and region:

MIS Instruments Device Outlook (Revenue, USD Million, 2015 - 2026)

• Handheld Instruments
• Inflation Devices
• Cutter Instruments
• Guiding Devices
• Electrosurgical Devices
• Auxiliary Devices
• Monitoring & Visualization Devices

MIS Instruments Application Outlook (Revenue, USD Million, 2015 - 2026)

• Cardiac
• Gastrointestinal
• Orthopedic
• Vascular
• Gynecological
• Urological
• Thoracic
• Cosmetic
• Dental
• Others

MIS Instruments End Use Outlook (Revenue, USD Million, 2015 - 2026)

• Hospitals
• Ambulatory Surgical Centers

MIS Instruments Regional Outlook (Revenue, USD Million, 2015 - 2026)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Artificial Tendons & Ligaments Market is Anticipated To Rise at a CAGR of 11.3% from 2019 to 2025

The Report Artificial Tendons and Ligaments Market Analysis Report By Application (Knee Injuries, Shoulder Injuries, Foot & Ankle Injuries), By End Use (Hospitals & Clinics, ASCs), And Segment Forecasts, 2019 - 2025

The global artificial tendons and ligaments market size is anticipated to reach USD 39.7 million by 2025 at an 11.3% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Adoption of artificial grafts is on a rise owing to several benefits over autologous and allogenic grafts, such as high tensile strength, no immune reaction, and abrasion resistance. Increase in number of sports injuries, coupled with rising government efforts to create awareness about sports injuries and available medical reimbursements, is anticipated to fuel market growth.

For instance, the Government of Finland in collaboration with UKK Institute has been conducting a ‘LiVE-program’ since 2016 to improve safety in sports increase awareness about injury risks, sports training, and content of physical activity sessions. Over the past several decades, increase in participation of children and adolescents has been observed in various sports such as football, soccer, bicycles, handball, basketball, and volleyball. Moreover, increase in awareness about physical fitness among people will contribute to market growth.

Other factors likely to contribute to market growth include rising preference for minimally invasive surgery, continuous advancements in surgical procedures, and growing funding and research activities to develop novel materials for synthetic tendons and ligaments. Moreover, positive outcomes reported through various clinical trials pertinent to usage of artificial ligaments will accelerate growth in the near future. For instance, according to a study published in 2017 in NCBI, patients treated with artificial ligament after femoral tumor resection and reconstruction procedures exhibited a more stable hip joint and more active range of movement as compared to patients who did not received a synthetic ligament.

Access Research Report of Artificial Tendons & Ligaments Market @ https://www.grandviewresearch.com/industry-analysis/artificial-tendons-ligaments-market

Further key findings from the report suggest:

• The knee injuries segment held a major share in 2018 owing to increase in incidences of knee injuries, coupled with faster recovery observed with the use of artificial ligaments in comparison to autologous or allogenic grafts
• The hospitals and clinics end-use segment is expected to hold a significant share during the forecast period. Growth of the segment can be attributed to higher readmission rate for treatment of ACL reconstruction procedures and collaborative activities between key players and orthopedic clinics to create awareness about artificial tendons and ligaments.
• As of 2018, Europe accounted for the largest market share. Surge in number of sports injuries among young athletes, rising geriatric population prone to orthopedic disorders, and presence of key players in the region will boost the regional market
• The U.K. artificial tendons and ligaments market is expected to grow substantially over the forecast period. This growth is predicted to be majorly driven by increasing adoption of artificial tendons and ligaments, rising incidence of accidents, R&D of innovative product design, and favorable patient demographics.
• Growing healthcare expenditure, coupled with rising penetration of health insurance in Latin America and Asia Pacific countries such as China, India, Brazil, and Argentina are providing considerable growth opportunities to market players
• Industry players have been involved R&D activities to deliver novel products in the market. Companies are also strategically involved in expanding their geographical presence through distribution agreements to expand their customer base.

Grand View Research has segmented the global artificial tendons and ligaments market on the basis of application, end use, and region:

Artificial Tendons and Ligaments Application Outlook (Revenue, USD Million, 2014 - 2025)

• Knee Injuries
• Shoulder Injuries
• Foot and Ankle Injuries
• Others

Artificial Tendons and Ligaments End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Hospitals and Clinics
• Ambulatory Surgery Centers

Artificial Tendons and Ligaments Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Myasthenia Gravis Treatment Market To Make Great Impact In Near Future by 2026

The global myasthenia gravis treatment market size is expected to reach USD 2.06 billion by 2026 at a CAGR of 7.5% through the forecast period, according to a new report by Grand View Research. Increasing awareness of rare diseases, emergence of biologics, and growing adoption of immunotherapies & immunosuppressants are driving the myasthenia gravis (MG) treatment market.

Myasthenia gravis (MG) is a rare autoimmune disorder caused by an antibody mediated neuromuscular transmission obstruction that results in skeletal muscle weakness. Some of the disorders associated with the disease include drooping eyelids, double vision, trouble walking, and trouble talking. Patients with MG present with painless muscle weakness that worsens with repeated use and improves with rest.

According to the National Organization for Rare Disorders (NORD), in the U.S. around 14-40 per 100,000 individuals suffer from myasthenia gravis. Reports suggest that the frequency of the disorder is on the rise over the last several decades. This can be attributed to the better identification of patients and the increasing prevalence of autoimmune disorders among general public across the world. Myasthenia gravis occurs more frequently in females than in males, and although symptoms may appear at any age, its onset usually peaks in men in their 50s or 60s and in women during their 20s or 30s.

Medication held the largest market share in the treatment segment and is expected to maintain its market leading position through the forecast period. This is because medications can largely manage the symptoms and dramatically inhibit the immune system. Medications include immunotherapies such as Soliris (eculizumab), corticosteroids, and immunosuppressive drugs such as Prograf (tacrolimus) and Neoral/Sandimmune (cyclosporine). However, high cost of treatment and lack of awareness in the developing & underdeveloped countries are expected to inhibit the market growth.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/myasthenia-gravis-mg-treatment-market

Further Key Findings From the Study Suggest:

• Medications are expected to obtain the largest market share in the treatment segment. This can be attributed to the high adoption of immunotherapies and the recent approval of promising drugs.
• Currently, no cure is available for myasthenia gravis, however patients can be treated with medications and surgery for the management of the symptoms.
• North America is likely to dominate the MG treatment market due high healthcare expenditure and favorable reimbursement scenario
• The Asia Pacific region is expected to grow at the highest CAGR over the forecast period due to improving healthcare infrastructure and increasing disposable income in the region.
• Some of the major companies operating in the market include Alexion Pharmaceutical Inc., Grifols SA, Avadel Pharmaceuticals plc. Novartis AG, Pfizer, Inc., AbbVie Inc., F. Hoffmann-La Roche Ltd., GlaxoSmithKline plc, Bausch Health Companies Inc., and Shire plc.

Grand View Research has segmented the MG treatment market report on the basis of treatment, end use, and region:

Treatment Outlook (Revenue, USD Million, 2015 - 2026)

• Medication
• Surgery
• Others

End Use Outlook (Revenue, USD Million, 2015 - 2026)

• Hospitals
• Clinics
• Others

Regional Outlook (Revenue, USD Million, 2015 - 2026)

• North America 
  • US.
  • Canada
• Europe 
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific 
  • Japan
  • China
  • India
  • South Korea
  • Singapore
  • Australia
• Latin America  
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Cancer Supportive Care Drugs Market is Projected to Exhibit a CAGR of 1.0% over the Forecast Period

The global cancer supportive care drugs market size is projected to reach USD 22.9 billion by 2026, as per a new report by Grand View Research, Inc. It is expected to progress at a CAGR of 1.0% over the forecast period. Supportive care in cancer focuses on prevention and management of symptoms and side-effects associated with cancer and its treatment.

Key side effects caused by cancer treatment include anemia, neutropenia, nausea and vomiting, pain, and bone metastasis. Rise in the number of people suffering from the effects of anti-cancer therapies will drive the market, globally. The higher efficacy of supportive care drugs, such as colony stimulating factors (G-CSFs), opioid analgesics, erythropoietins, and antiemetic drugs, among others is anticipated to drive growth of the global cancer supportive care drugs market. High efficiency of these drugs in controlling the adverse effects of cancer and its treatment is projected to drive the demand in near future.

G-CSFs and ESAs therapeutic classes are witnessing a fundamental shift from biologics to biosimilars. The market for cancer pain, chemotherapy induced nausea and vomiting, and cancer induced bone diseases will grow significantly during the forecast period, due to new product launches and high unmet needs. The cancer pain market is estimated to witness a shift from opioids to non-opioids therapies. The shift will be backed by patent loss, high mortality, addiction, and major safety issues associated with narcotic agents.

Access Research Report of Cancer Supportive Care Drugs Market @
https://www.grandviewresearch.com/industry-analysis/cancer-supportive-care-drugs-market

Further key findings from the report suggest:

• Some of the key market players are Amgen, Merck, Novartis, Johnson & Johnson, Roche, Helsinn Healthcare, Heron Pharma, Tesaro, and Purdue Pharma. Amgen led the global cancer supportive care market in 2018, capturing over 30% market share
• By therapeutic class, the global ESAs market for CIA was valued at USD 1,838 million in 2018 and is expected to decline with a CAGR of 6.0% over the forecast period. The biologics segment is anticipated to lose its market share due to patent expiration of major brands such as Epogen
• North America led the cancer supportive care drugs market in 2018 and is expected to maintain its position during the forecast period
• Asia Pacific is expected to witness lucrative growth over the forecast period, owing to improvements in healthcare infrastructure and increasing government initiatives
• Late stage pipeline products include non-opioids such as Tanezumab and HTX-011. Newer immunotherapies directed against PD-1 ligands and PD-L1 proteins have shown to be more effective with a superior safety profile

Grand View Research has segmented the global cancer supportive care drugs market based on therapeutic class and region:

Cancer Supportive Care Drugs Therapeutic Class Outlook (Revenue, USD Million, 2015 - 2026)

• G-CSFs (Granulocyte-colony Stimulating Factors)
• ESAs (Erythropoiesis Stimulating Agents)
• Anti-emetics
• Bisphosphonates
• Opioids
• NSAIDs

Cancer Supportive Care Drugs Regional Outlook (Revenue, USD Million, 2015 - 2026)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • Italy
  • France
  • Spain
• Asia Pacific
  • India
  • China
  • Japan
  • Thailand
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Image-guided Therapy Systems Market Latest Innovations, Drivers and Industry Key Events by 2025

The global image-guided therapy systems market size is expected to reach USD 4.95 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to exhibit a healthy CAGR of 6.3% during the forecast period. Growing geriatric population base and cases of chronic diseases are expected to boost the market demand. Other factors propelling the market growth include rising preference for minimally invasive surgeries and technological advancements in image-guided therapy systems. Various initiatives undertaken in the area of cancer radiotherapy is also one of the important factors driving the market.

New product launches by major companies is also having a positive impact on the market development. For instance, in February 2017, Philips launched a next-generation image guided therapy platform called Azurion for advancing patient care. Growing adoption of such advanced systems is expected to drive the market. Development of this system was aimed at optimizing interventional lab performance, thereby ensuring superior care delivery. Increasing number of initiatives undertaken by public and private firms in the area of cancer radiotherapy is also estimated to have a positive impact on the market growth.

In addition, many academic institutions are also investing in cancer radiotherapy projects for increasing the effectiveness of treatment therapies. This is also likely to contribute toward market expansion. The development of Image-guided Therapy Program by the Brigham and Women’s Hospital aimed at advancing imaging and therapeutic technologies for developing minimally invasive surgical and interventional techniques is an example of one such initiative.

Access Research Report of Image-guided Therapy Systems Market @ https://www.grandviewresearch.com/industry-analysis/image-guided-therapy-systems-market

Further key findings from the study suggest:

• Endoscopes segment accounted for the largest revenue share in 2017 owing to technological advancements, high volume of endoscope-guided surgeries, and rising preference for minimally invasive surgeries
• Cardiac surgery emerged as the largest application segment in 2017. This growth is attributed to rising prevalence of target diseases, preference for minimally invasive cardiac surgeries, and R&D initiatives aimed at developing real-time cardiac interventions systems
• Hospitals emerged as the largest end-use segment in 2017. However, Ambulatory Surgery Centers (ASCs) segment is projected to expand at the fastest CAGR of 7.3% over the forecast period
• North America emerged as the largest regional market. Asia Pacific is anticipated to exhibit the fastest growth rate of 7.6% during the forecast period
• The market is consolidated with the presence of Koninklijke Philips N.V., Siemens Healthineers, GE Healthcare, and Fujifilm Holdings Corporation accounting for the majority market share. Analogic Corporation; Varian Medical Systems, Inc.; Brainlab AG; Medtronic PLC; and Stryker Corp. are several other prominent companies in the market.

Grand View Research has segmented the global image-guided therapy systems market on the basis of product, application, end use, and region:

Image-guided Therapy Systems Product Outlook (Revenue, USD Million, 2014 - 2025)

• Computed Tomography (CT) Scanners
• Ultrasound Systems
• Magnetic Resonance Imaging (MRI)
• Endoscope
• X-ray Fluoroscopy
• Positron Emission Tomography (PET)
• Single Photon Emission Computed Tomography (SPECT)

Image-guided Therapy Systems Application Outlook (Revenue, USD Million, 2014 - 2025)

• Cardiac Surgery
• Neurosurgery
• Orthopedic Surgery
• Urology
• Gastroenterology
• Oncology Surgery
• Others

Image-guided Therapy Systems End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Hospitals
• Ambulatory Surgical Centers (ASCs)
• Clinics
• Research & Academic Institutes

Image-guided Therapy Systems Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK.
  • France
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Sweden
• Asia Pacific
  • China
  • India
  • Australia
  • Singapore
• Latin America
  • Brazil
• Middle East & Africa
  • South Africa
  • Saudi Arabia

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Latin America Nutrition & Dietary Supplements Market will Reach at a CAGR of 8.8% from 2018- 2025

The Latin America nutrition and dietary supplements market size is expected to reach USD 47.5 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 8.8% over the forecast period. Growing expenditure on nutrition and dietary supplements, disposable income, and consumer awareness are some of the key market drivers. Changing regulatory framework to ensure drug safety in Latin American countries such as Mexico and Argentina is also expected to positively impact market growth in the forthcoming years.

Growing demand for nutrition and dietary supplements among geriatric population is also one of the considerable market drivers. Nutrition plays a vital role in maintaining health of geriatric population and has a significant impact on aging process. Risk of malnutrition, functional impairments, age-related diseases, and physical inabilities are prevalent among elderly population. These issues might interfere with healthy nutritional status of an individual. Thus, dependence on these supplements has increased over the past few years.

Growing middle class population coupled with high spending on nutrition and dietary supplements is a key driver for the market. There are nearly 300 million middle-class people in Latin America. This number has more than doubled over the period of past 30 years representing a rise in consumer buying power. This factor is anticipated to positively impacting market expansion over the forecast period.

Access Research Report of Latin America Nutrition & Dietary Supplements Market @ www.grandviewresearch.com/industry-analysis/latin-america-nutrition-dietary-supplements-market

Further key findings from the report suggest: 

• Additional supplements segment accounted for the largest revenue share in 2016 owing to rising awareness, spending on supplements, and various initiatives undertaken to prevent malnutrition
• Powder emerged as the largest formulation segment in terms of revenue share in 2016 owing to ease of consumption as compared to other formulations. However, the others segment that includes gummies, lollipops, lozenges, and shots is projected to expand at the fastest CAGR
• Adult emerged as the largest consumer segment in 2016 while children segment is expected to witness lucrative CAGR over the forecast period
• In terms of geography, Brazil accounted for the largest revenue share in 2016. Argentina is expected to expand at the fastest CAGR in near future
• Herbalife; Bayer AG; Pfizer, Inc.; and Merck are the major players operating in the Latin America nutrition and dietary supplements market. The market is majorly dominated by multinational companies. However, domestic players are also increasingly investing in this market.

Grand View Research has segmented the Latin America nutrition and dietary supplements market on the basis of function, formulation, consumer, and country:

Latin America Nutrition and Dietary Supplements Function Outlook (Revenue, USD Million, 2014 - 2025)

• Medical Foods
• Sports Nutrition
• Additional Supplements
  • Functional Foods
  • Dietary Supplements
    • Vitamin
    • Mineral
    • Enzymes
    • Amino Acids
    • Others

Latin America Nutrition and Dietary Supplements Formulation Outlook (Revenue, USD Million, 2014 - 2025)

• Tablets
• Capsules
• Liquid
• Powder
• Soft Gel
• Others

Latin America Nutrition and Dietary Supplements Consumer Outlook (Revenue, USD Million, 2014 - 2025)

• Infant
• Children
• Adult
• Pregnant
• Geriatric

Latin America Nutrition and Dietary Supplements Country Outlook (Revenue, USD Million, 2014 - 2025)

• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Columbia
  • Costa Rica
  • Venezuela

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Pharmacy Inventory Management Software Solutions and Cabinets Market is Estimated to Reach a Valuation of $7.16 Billion by 2025

The global pharmacy inventory management software solutions and cabinets market size is expected to reach USD 7.16 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting an 8.6% CAGR during the forecast period. Increasing number of dispensed prescriptions, growing adoption of pharmacy automation systems, and rising incidence of medication errors are some of the key drivers for this market. Technological advancements in automated dispensing cabinets design are also expected to positively impact market growth in the coming years.

Rising number of retail, mail order, and long-term care (LTC) pharmacies propel demand for inventory management software and systems in order to dispense high volume of medications. Rising pressure by governments to minimize medication costs is further expected to drive demand for these software and cabinets, as they aid in reduction of excess inventory costs. Increasing demand for efficient workflow in hospitals and pharmacies is also contributing toward market growth.

Demand for automated dispensing cabinets is increasing in retail pharmacies owing to increasing workload on pharmacists, coupled with surging need for effective patient counselling. In addition, rising government initiatives towards improvement in healthcare infrastructure and growing healthcare expenditure in developing countries are positively influencing market growth.

Access Research Report of Pharmacy Inventory Management Software Solutions and Cabinets Market@ https://www.grandviewresearch.com/industry-analysis/pharmacy-inventory-management-software-solutions-cabinets-market

Further key findings from the report suggest:

• Pharmacy inventory management systems/cabinets in retail pharmacies emerged as the leading segment in terms of revenue in 2017 owing to rising number of retail pharmacies and growing number of prescriptions
• By mode of operation, decentralized systems/cabinets accounted for the largest revenue share in 2017 owing to rising incidence of medication errors and increasing number of dispensed prescriptions
• In terms of geography, North America dominated the global market in 2017 in terms of revenue and Asia Pacific is expected to register the highest growth rate over the forecast period
• Omnicell, Inc.; BD; Talyst, LLC; and ARxIUM are the major players operating in the market. This market is dominated by the presence of both multinational companies and small players.

Grand View Research has segmented the global pharmacy inventory management software solutions and cabinets market on the basis of end use, mode of operation, and region:

Pharmacy Inventory Management Software Solutions and Cabinets End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Independent pharmacies
  • Software Solutions
  • Cabinets
• Hospital pharmacies
  • Software Solutions
  • Cabinets
• Long-term care centers
  • Software Solutions
  • Cabinets

Pharmacy Inventory Management Software Solutions and Cabinets Mode of Operation Outlook (Revenue, USD Million, 2014 - 2025)

• Centralized systems
  • Software Solutions
  • Cabinets
• Decentralized systems
  • Software Solutions
  • Cabinets

Pharmacy Inventory Management Software Solutions and Cabinets Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
• Asia-Pacific
  • China
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East Africa
  • South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Sarcoma Drugs Market will be Worth USD 1.2 Billion by 2023

The global sarcoma drugs market size is expected to be valued at USD 1.2 billion by 2023, as per a new report by Grand View Research, Inc., progressing at a CAGR of 8.5% during the forecast period. The growth of the market is largely driven by factors such as new product launches, increasing adoption of novel therapeutics, and growing target population.

Sarcomas account for less than 1.0% of all adult cancers. Though sarcomas represent a heterogeneous group of over 50 different histological subtypes, the two major subtypes are soft tissue sarcomas (STS) and bone sarcoma. Approximately, 12,000 patients in the U.S. and 28,000 patients in Europe are diagnosed with STS every year.

For over 40 years, mainstay of localized sarcoma treatment included surgical resection followed by neoadjuvant or adjuvant radiation or chemotherapy. However, even after complete surgical resection, about 50.0% of patients with intermediate or high grade sarcoma develop metastatic disease. Introduction of targeted therapy has revolutionized treatment paradigm for sarcoma. Targeted therapies and pipeline breakthroughs will continue to play a pivotal role in the growth of the market throughout the forecast period.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/sarcoma-drugs-market

Further key findings from the report suggest:

• EU5 will remain the second largest market with more than 30% share by 2023. The growth of the segment can be attributed to rising incidence of STS, uptake of targeted therapies, and increasing R&D activities
• Eli Lilly’s Lartuvo has displaced standard doxorubicin therapy as front-line STS treatment and is anticipated to maintain its prominence in the market over the forecast period
• Strong unmet needs within the market present a key opportunity to develop breakthrough first-in-class therapies. Out of 45 drugs in the pipeline for sarcoma, seven are in Phase III, 22 in Phase II, two in Phase I/II trials, and the remaining in Phase I and Pre-clinical trials
• The potential role for use of immuno-oncology agents in sarcomas is currently under evaluation in Phase I/II clinical trials
• Companies with late-stage pipeline products for sarcoma are likely to enter the market by 2019 and would capture more than 10.0% of the sarcoma market share in 2023
• Drugs with novel targets in early-phase development include Novartis’s Afinitor (mTOR inhibitor), Tesaro’s Zejula (PARP inhibitor), Amgen’s Imlygic (gene therapy), and Pfizer’s Crizotinib (ALK and MET tyrosine kinases inhibitor)
• Role of VEGF inhibitors and mTOR inhibitors is under evaluation in multiple early phase trials. However, no statistically significant data has been reported till date

Grand View Research has segmented the global sarcoma drugs market based on treatment type and region:

Sarcoma Drugs Treatment Class Outlook (Revenue, USD Million, 2017 - 2023)

• Chemotherapy
• Targeted Therapy

Sarcoma Drugs Country Outlook (Revenue, USD Million, 2017 - 2023)

• US.
• UK.
• Germany
• France
• Italy
• Spain
• Japan

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Spray Drying Equipment Market Expected to Behold a CAGR of 6.8% from 2019 to 2025

The global spray drying equipment market size is estimated to reach USD 7.19 billion by 2025 registering a CAGR of 6.8%, according to a new study by Grand View Research, Inc. Spray drying envisages transforming a liquid, slurry, or semi-solid feed into a dried powder form using hot gas. It is a widely preferred method to dry food materials, pharmaceutical products, and other temperature-sensitive items, such as dairy products. Moreover, rising need to increase the shelf-life of processed food and pharmaceutical products is opening new growth opportunities in the food processing and pharmaceutical industries. Thus, demand from the dairy processing industry for producing milk powder and stabilizing the milk constituents and from the pharmaceutical industry for producing antibiotics is anticipated to drive the market.

The demand for nutrition products including whey protein, mass gainer, egg white protein, casein protein has increased due to rising awareness about leading a healthy lifestyle and to prevent disorders, such as obesity, diabetes, and high BP. This, in turn, has also augmented the demand for dryers from the nutraceutical industry. Increasing demand for resins and polymers in line with the growing usage of synthetics has triggered the demand for drying Suspension Polyvinyl Chloride (S-PVC), Emulsion Polyvinyl Chloride (E-PVC), and other chemicals required for producing building pipes, cable insulations, and hard and soft foils, among others. Demand for spray dryers for industrial purposes is further expected to drive the market from 2019 to 2025.

Growing need for application-specific dryers is also offering new growth opportunities for companies to develop innovative equipment. For instance, the risk of explosion and emission of hazardous gases while drying chemical and pharmaceutical products has led to the development of closed loop dryers. Similarly, the need to process and produce powder particles in bulk quantities is leading to a significant adoption of three-stage equipment. However, high installation and maintenance costs and the inability of spray dryers to process highly-viscous materials, such as starch and fruit pulp, may hinder the market growth over the forecast period.

Access Research Report of Spray Drying Equipment Market @ https://www.grandviewresearch.com/industry-analysis/spray-drying-equipment-market

Further key findings from the study suggest:

• Demand for three-stage spray drying equipment is expected to increase from 2019 to 2025 due to its benefits, such as high thermal efficiency, low energy consumption ratio, and ability to process bulk production
• North America accounted for the largest market share of more than 30% in 2018 owing to high annual milk production in U.S. as a result of rising demand for powdered milk, infant products, and other nutraceutical products
• Extensive product usage in the pharmaceutical industry for R&D purposes in laboratories is also anticipated to drive the North American regional market over the forecast period
• Changing consumer food preferences and increasing number of installations of food processing plants in emerging economies, such as India and China, are expected to drive the APAC market
• The chemical application segment is expected to witness the highest CAGR over the forecast period owing to higher product adoption in the manufacturing of polymers and resins, hard metals, dyestuff and pigments, and agrochemicals
• Key companies in the spray drying equipment market are GEA Group AG, Dedert Corporation, and Tetra Pak International S.A. These companies are strategically expanding their geographical footprint to increase their market share and overall profitability

Grand View Research has segmented the global spray drying equipment market on the basis of product, stage, cycle, flow, application, and region:

Spray Drying Equipment Product Outlook (Revenue, USD Million, 2015 - 2025)

• Rotary Atomizer
• Nozzle Atomizer
• Fluidized
• Centrifugal

Spray Drying Equipment Stage Outlook (Revenue, USD Million, 2015 - 2025)

• Single-Stage
• Two-Stage
• Multi-Stage

Spray Drying Equipment Cycle Outlook (Revenue, USD Million, 2015 - 2025)

• Open
• Closed

Spray Drying Equipment Flow Outlook (Revenue, USD Million, 2015 - 2025)

• Co-Current
• Counter-Current
• Mixed Flow

Spray Drying Equipment Application Outlook (Revenue, USD Million, 2015 - 2025)

• Food & Dairy
• Pharmaceuticals & Nutraceuticals
• Chemical
• Others

Spray Drying Equipment Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
• South America
  • Brazil
  • Argentina
• MEA (Middle East & Africa)

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Software Defined Perimeter Market Size, Share, Trends, Analysis And Growth Forecast To 2025

The global software defined perimeter market size is expected to reach USD 10.25 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 18.4% during the forecast period. Evolution of IoT and developments in Bring Your Own Device (BYOD), are anticipated to boost the growth. Increasing adoption of cloud technology by small and medium enterprises is expected to boost the overall software defined perimeter (SDP) market. Increasing exposure to cloud migration has made it difficult for the enterprises to efficiently secure the perimeter.

Traditional VPN access is liberal and grants remote workers with the access to the network which are further not required to complete the tasks. This results in the access to the resources and are unreasonably visible, vulnerable, and can be attacked easily. Organizations require surplus user connection and deployment through many cloud instances. VPN or the firewall costs increases instantly with the need for these surplus authorizations. VPN also offers flexibility and hence, can be used to connect Virtual Private Clouds (VPCs), datacenters, and multiple networks. However, these connection costs high and are resource-intensive. SDP reduces the costs incurred and hence drives demand for data security in the infrastructure.

Many organizations such as banks and other finance services, healthcare, and telecom provider face difficulty in meeting the security requirements in virtualized cloud environments. Financial institutions have a requisite of data center with several physical controls. This makes it difficult for financial institutions to utilize public cloud services. SDP simplifies these difficulties and helps in utilizing the public cloud services when required.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/software-defined-perimeter-sdp-market

Further key findings from the report suggest:

• Telecom and IT is projected to emerge as the fastest growing segment over the forecast period
• Large enterprises emerged as the largest segment in 2017 and is estimated to generate revenue over USD 7.02 billion by 2025
• North America held the largest share in the SDP market in 2017, owing to adoption of cloud technology and stringent regulations on data
• Key players operating in the SDP market include Cisco Systems Inc.; Juniper Networks; Intel Corporation; Fortinet Inc.; Symantec Corporation; Certes Networks; EMC RSA; among others

Grand View Research has segmented the software defined perimeter market on the basis of enforcement point, deployment, organization, application, and region:

Software Defined Perimeter Enforcement Point Outlook (Revenue, USD Million, 2015 - 2025)

• Gateway
• Controller
• End-Point

Software Defined Perimeter Deployment Outlook (Revenue, USD Million, 2015 - 2025)

• On-Premise
• Cloud

Software Defined Perimeter Organization Outlook (Revenue, USD Million, 2015 - 2025)

• Small and Medium Enterprises
• Large Enterprises

Software Defined Perimeter Application Outlook (Revenue, USD Million, 2015 - 2025)

• Defense
• Telecom & IT
• BFSI
• eCommerce & Retail
• Healthcare
• Government
• Others

Software Defined Perimeter Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
• Asia Pacific
  • China
  • India
  • Japan
• South America
  • Brazil
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.