Bowel Management Systems Market is expanding at a CAGR of 3.6% from 2018 to 2026

The latest market report published by Credence Research, Inc. “Global Bowel Management Systems Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global bowel management systems market is expected to reach from US$ 1,745.5 Mn in 2017 to US$ 2,391.4 Mn by 2026 expanding at a CAGR of 3.6% from 2018 to 2026.

Browse the full report Bowel Management Systems Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026 report at https://www.credenceresearch.com/report/bowel-management-systems-market

Market Insights

Inflammatory bowel disease such as ulcerative colitis and Crohn’s disease has symptoms of abdominal pain, bloody stool and gut mucosal inflammation. Irritable bowel syndrome and Crohn’s disease is an idiopathic disease which has no underlying causative agent but if once triggered can cause severe constipation or diarrhea due to altered peristaltic activity. Fecal incontinence is growing rapidly in both adult and pediatric patients worldwide.

Colostomy bags will be the fastest and largest growing product during the forecast period. Its dominance is determined by its low maintenance cost incurred, cleanliness and hygiene maintained during disposal of stool. Irrigation systems are still in practice since ages due to its benefit in body detoxification and immediate relief achieved in episodes of chronic constipation in pediatric patients. Sacral nerve modulation devices are employed to treat fecal incontinence in disabled and paralyzed patients.

Adult patient population are presently leading the patient type segment for bowel management systems market on account of rising prevalence of irritable bowel syndrome, stress and unhealthy eating habits. Pediatric patients will capture the market in the near future on account of genetic predisposition, environmental impact and decreased immune response of gut mucosal lining to gut microflora.

Home care settings are reigning the end-user segment for bowel management systems market. Low maintenance cost incurred and increasing demand from elderly population drive the market growth for home care settings. Hospitals and ambulatory surgery centers have shown remarkable growth in remote locations due to prevalence of untreated population suffering with intestinal disorders.

North America is the clear leader in global bowel management systems market with a share of 35.6%. The primary features responsible for the affluent growth in North American region is growing prevalence of fetal incontinence in elderly population and existence of key players such as C.R.Bard, Inc., Medtronic, Plc, and B.Braun Melsungen AG etc., Europe with a share of 30.4 % is the second largest regional market on account of increasing number of patients suffering with inflammatory bowel disease and favorable reimbursement scenario for bowel management products. Asia Pacific currently holds a market share of 18.9% owing to rampant growth in medical tourism and significant rise in hospitals and ambulatory surgery centers providing bowel management and treatment.

Market leaders existing in bowel management systems market are Aquaflush Medical Limited, ConvaTec Group, Plc., Axonics Modulation Technologies, C.R.Bard, Inc., B.Braun Melsungen AG., Cogentix Medical, Inc., Coloplast A/S, 3M Healthcare, Medtronic, Plc. and Mederi Therapeutics, Inc.

Key Market Movements:

  • Rising prevalence of inflammatory bowel disease and fecal incontinence worldwide
  • Favorable reimbursement scenario for colostomy bags and irrigation systems in developed regions
  • Technical innovation in sacral nerve stimulation devices to facilitate stool excretion in disabled and paralyzed patients

Medical Dynamometers Market is expanding at a CAGR of 7.5% from 2018 to 2026

The latest market report published by Credence Research, Inc. “Medical Dynamometers Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global medical dynamometers market was valued at US$ 554.2 Mn in 2017 and expected to reach US$ 1,075.6 Mn by 2026, expanding at a CAGR of 7.5% from 2018 to 2026.

Market Insights

Medical dynamometers are medical devices used for measurement of strength of different muscle groups with the neurons and bones. These devices also offer reading of resistance matching patient areas of requirements such as fatigue, pain and weakness. Therefore medical dynamometers are used in clinical rehabilitation and decision making for treatment of conditions such as carpal tunnel syndrome, tendon injuries, nerve injuries and other musculoskeletal conditions. Hence, the use of medical dynamometers help in providing appropriate data to enable optimum recuperation and treatment outcomes for the patients.

Browse the full report Medical Dynamometers Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026 report at  https://www.credenceresearch.com/report/medical-dynamometers-market

Growing awareness about health and wellbeing, growing geriatric population, and increasing participation of the general population in sports and athletic activities are the key drivers of the global medical dynamometers market. Higher rates of participation in sports and athletics is a prime trend observed globally. Increasing participation has also resulted in growing incidence of sports injuries which require intensive exercises for conditions such as tendon damage, muscle and cartilage injuries. Furthermore, the geriatric population often suffer from conditions such as osteoporosis, muscle and bone loss, thereby becoming highly vulnerable to fractures, and muscle weakness. These patient groups therefore require procedures and treatments for strength restoration. Hence increasing sports injuries and growing cases of fractures and musculoskeletal injuries in the geriatric population are the major factors supporting the growth of the global medical dynamometers market.

Based on the types, the global medical dynamometers market is segmented into pinch gauge, squeeze dynamometers, chest dynamometers, hand dynamometers, push-pull dynamometers and others. Among these, hand dynamometers occupy the largest segment in the global market. Greater usage due to favorable supportive evidence and product variants are the bases forming the dominance of this segment. In terms of the application areas, musculoskeletal segment is anticipated to command the global market. High incidence of musculoskeletal injuries among all age groups, increasing incidence of sports injuries and better awareness drive the leading position of this segment. With respect to the usage areas, this market is segmented into hospitals and clinics, rehabilitation centers, and research and academia. Hospitals and clinics dominate the global market, whereas rehabilitation centers shall register the fastest growth rate during the forecast period.

Geographically, the global medical dynamometers market is dominated by North America, both in terms of value and volume. However, Asia Pacific will undergo the fastest growth during the forecast period. Large population pool, improving awareness, evolving diagnosis technologies, and rapidly increasing local manufacturers attribute to the swift growth of Asia Pacific market. This market is fragmented in nature with several local and international players operating in the industry. Fabrication Enterprises, Inc., with its Jamar dynamometers is the most prominent market player. Other major players in the global medical dynamometers market are KERN & SOHN GmbH, Charder Electronic Co, Ltd., Marsden Weighing Group, 3B Scientific, JTECH Medical Industries, Inc., Hausmann Industries, AliMed, Inc., JLW Instruments and North Coast Medical Inc.

Key Market Movements:

  • Significant growth in participation of the youth in sports and athletic activities
  • Growing awareness in the patients and caregivers for optimum restoration of movements and strength for overall health and wellbeing
  • Increasing cases of musculoskeletal injuries in the highly vulnerable geriatric population
  • Increase in number of local manufacturers in Asia Pacific market

Endotracheal Tubes Market is expected to expand at a CAGR of 6.0% from 2018 to 2026

The latest market report published by Credence Research, Inc. “Endotracheal Tubes Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global endotracheal tubes market expected to expand at a CAGR of 6.0% from 2018 to 2026.

Market Insights

The global endotracheal tubes market is poised to grow during the forecast period owing to growing volume of surgeries globally. Rising number of chronic respiratory diseases is also a major driving factor for the growth of endotracheal tubes market. Technology advancements in the intubation with claims of reduction of ventilator-associated pneumonia and other nosocomial infections will further increase the demand for endotracheal tubes market. In terms of product type, coated tubes held the significant share in the endotracheal tubes market. These tubes are coated by antibiotic agents that reduce the risk of infections and growth of bacteria. Reinforced/armoured tubes is projected to grow at fastest rate during the forecast period. In terms of end-user, hospitals held the largest share in the market, while ambulatory surgical centers (ASCs) emerged as the fastest growing market due to growing number of ASCs in North America and Asia Pacific.

Browse full report at https://www.credenceresearch.com/report/endotracheal-tubes-market

In terms of geography, the global endotracheal tubes market was dominated by North America. The major factors driving the market include high prevalence of chronic respiratory diseases, approvals of endotracheal tubes, and efficient reimbursement scenario in the region. High occurrence of ventilator-associated pneumonia (VAP) in the region is also a major driver for the growth of endotracheal tubes market. For instance, according a research VAP affects approximately 27% of the patients in ICU in the United States. Moreover, high healthcare spending and developed healthcare infrastructure will further drive the market. Asia Pacific emerged as the fastest growing region in the endotracheal tubes market owing to higher unmet medical needs, growing geriatric population, and increasing prevalence of respiratory diseases in the countries like China and India due to air pollution. Growing volume of surgeries performed, improving medical services and growing healthcare spending makes Asia Pacific the most attractive market for endotracheal tubes market. The key players currently engaged in endotracheal tubes market include Medtronic PLC, Becton Dickinson & Co., Smith’s Medical, ConvaTec Group, Teleflex Incorporated, Fuji Systems Corp., Airway Innovations, Medline Industries, and Intersurgical GmbH among others.

Key Market Movements:

  • Growing prevalence of chronic respiratory diseases and ventilator-associated pneumonia (VAP) globally
  • Technological advancements in the tubes to reduce the chances of VAP
  • Rapid growth in healthcare sector in Asia Pacific to drive the demand for endotracheal tubes market

Hemodialysis Vascular Grafts Market is expanding at a CAGR of 4.3% from 2018 to 2026

The latest market report published by Credence Research, Inc. “Global Hemodialysis Vascular Grafts Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global hemodialysis vascular grafts market is expected to reach from US$ 196.6 Mn in 2017 to US$ 285.2 Mn by 2026 expanding at a CAGR of 4.3% from 2018 to 2026.

Market Insights

End stage renal disease (ESRD) is a medical condition in which the kidney functions only 10% of its natural ability to perform excretion of toxic material from the human blood. When the glomerular filtration rate of the kidney is <15 ml/min/1.73 m2, patient is reported with end stage renal failure. Diabetes and hypertension are the chief causative factors in chronic kidney disease. Chronic kidney disease has a global prevalence rate between 11 to 13% in stage 3 ESRD. The role of vascular grafts in hemodialysis procedure is to attain blood flow from one area to the other by connecting blood vessels.

Polyurethane is mixed in different concentration to achieve vascular graft with improved tensile strength and larger inner luminal diameter to promote smooth blood transfusion during hemodialysis procedure. Polytetrafluoroethylene currently dominates the raw material segment for hemodialysis vascular grafts market. Its inherent features such as high adhesion, excellent native fistula pliability and reimburesemnt scenario drive the market growth. Bioengineered materials will be the latest trendsetter during the forecast period due to improved material characteristics which prevent infection, hemorrhage and graft rejection occurring during hemodialysis procedure in patients suffering with chronic kidney disease.

With a market share of 36% North America is the largest regional market in hemodialysis vascular grafts market. The properties influencing its dominant growth are increasing geriatric population suffering with end stage renal disease and higher healthcare expenditure. Existence of market leaders such as C.R.Bard, Inc., Terumo Medical Corporation and CryoLife, Inc. etc. further propel the hemodialysis vascular grafts market in the North America region. Europe currently holds 28% share owing to features such as supportive reimbursement scenario associated with hemodialysis vascular grafts and increasing demand for hemodialysis procedures compared to intraperitoneal dialysis in patients suffering with chronic kidney disease. Asia Pacific represents 20% share and is set to engrave positive growth in the near future due to proactive government policies to fight renal disease and rapid growth in medical tourism.

Pharmaceutical companies manufacturing hemodialysis vascular grafts are C.R.Bard, Inc., CryoLife, Inc., Getinge AB., InnAVasc Medical, Inc., LeMaitre Vascular, Inc., Merit Medical Systems, Inc., Proteon Therapeutics, Inc., Terumo Medical Corporation, Vascular Genesis and W.L.Gore Associates.

Browse the full report Hemodialysis Vascular Grafts Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026 report at https://www.credenceresearch.com/report/hemodialysis-vascular-grafts-market

Key Market Movements:

  • Increasing morbidity associated with hemodialysis procedures in patients suffering with end stage renal diseases
  • Different blends of synthetic polymers are mixed e.g. polyurethane and polytetrafluoroethylene to achieve the desired native fistula pliability and adhesion properties
  • Technical innovations in bioengineered raw materials to drastically reduce infection, graft rejection and hemorrhage occurring in hemodialysis procedures

Neurofeedback Systems Market is expanding at a CAGR of 7.5% from 2018 to 2026

The latest market report published by Credence Research, Inc. “Global Neurofeedback Systems Market– Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global neurofeedback systems market was valued at US$ 820.7 Mn in 2017, and is expected to reach US$ 1,565.6 Mn by 2026, expanding at a CAGR of 7.5% from 2018 to 2026.

Market Insights:

Neurological disorder is the electrical or biochemical abnormality of the human nervous system. The specific causes ranges from congenital abnormalities, genetic, lifestyle disorders to brain injury. Neurofeedback systems has been recognized as the most effective alternative treatment option for brain abnormalities. It is highly effective in patients showing non-compliance and resistance to medicine therapy.

In the present scenario frequency neurofeedback system is reigning the type segment for neurofeedback systems. It employs 2 to 4 surface electrodes and is popularly known as surface neurofeedback system. High degree of simplicity, ease of operation and popularity among neurologists drive the frequency neurofeedback systems market growth. Functional magnetic resonance imaging (fMRI) is the latest neurofeedback system which is successful in modulating brain activity in the deep subcortical brain region. It is used during epileptic surgical procedures by neurologists.

Currently 50 million people throughout the globe are suffering with epilepsy making it the most common neurological disease worldwide as published by Global Disease Burden (GDB) in Lancet journal. In epilepsy the human brain continuously misfires signals, hence neurofeedback systems modulate the brain by inhibiting slow waves and promoting mid-range frequency waves eventually preventing seizures. ADHD has been popular in the last decade owing to the severe adverse effects associated with its long term medication such as insomnia, anxiety and loss of appetite. Neurofeedback systems has been successful in treating ADHD by decreasing brain activity in theta band region and promoting activity in beta band region.

North America currently represents a share of 60% and is the largest regional market in global neurofeedback systems market. Rising prevalence of neurological disease and existence of advanced healthcare infrastructure drive the neurofeedback systems market growth in North America region. Europe with a share of 20% is the second largest market owing to increasing number of patients suffering with insomnia and anxiety. Asia Pacific currently holds 8% market share and is on the path to register impressive growth in the near future on account of developing healthcare infrastructure and rampant growth in neurological disease diagnosis and treatment.

Medical device manufacturers producing EEG equipment for neurofeedback systems are BrainMaster Technologies, Inc., BEE Medic GmbH, Mind Media B.V., Mitsar Co., Ltd., Myndlift, Neurobit Systems, NeuroCare Group GmbH, Stens Corporation, Thought Technology Ltd. and Wearable Sensing.

Key Market Movements:

  • Rising prevalence of neurological disease
  • Increasing adoption of EEG biofeedback system treatment in patients showing resistance to medications
  • Technological advancement in EEG devices with ability to determine brainwaves landscape and modulate them according to neurological disease treatment

Browse the full report Neurofeedback Systems Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026 report at https://www.credenceresearch.com/report/neurofeedback-systems-market

Compression Garments Market is expanding at a CAGR of 5.5% from 2018 to 2026

The latest market report published by Credence Research, Inc. “Compression Garments Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global compression garments market was valued at US$ 2,623.5 Mn in 2017 and expected to reach US$ 4,290.1 Mn by 2026, expanding at a CAGR of 5.5% from 2018 to 2026.

Browse the full report Compression Garments Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026 report at  https://www.credenceresearch.com/report/compression-garments-market

Market Insights

Compression garments are a type of clothing designed to reduce recovery time after surgery, regain lost body shape, reduce edema and improve athletic performance. These products assist in regularizing blood circulation to the muscles and tissues, which supports muscle warm up and their recovery after stress and exercise. Compression garments are broadly classified lower and upper extremities garments, facial garments, tops, bottoms and compression tapes. These products are also used for management and prevention of disorders such as deep vein thrombosis, circulatory issues, sports injuries and rehabilitation after surgery.

Growing number sports and recreational activities and consequent injuries across the world is an important factor that drive the global compression garments market towards growth. Of the several types of sports injuries occurring worldwide, a prominent section occurs to the limbs and also lead to damage to the vasculature. Treatment to the resulting trauma and edema requires compression therapy with compression pumps and garments.

The manufacturers of compression garments are continuously introducing newer products in the market with different sizes, materials, compression capacities and so on. Newer technologies in the nature and mechanism of these materials are also being perpetually introduced. Introduction of new products is expected to address the varied needs of the patients and users suffering from different types of venous diseases, injuries, and those who have underwent surgeries and require rehabilitation. Growing numbers of growth strategic moves is also expected to favor the growth of this market. Manufacturers are observed to adopt inorganic growth measures for augmenting their portfolio and outreach to the consumers. Market players are also engaged in acquisition activities as a part of expansion or entry strategy.

Geographically, the presence and demand for compression garments is the highest in the developed markets of North America and Europe. Asia Pacific will be the fastest growing regional market due to increasing prevalence of related diseases, large population pool, and burgeoning medical tourism industry for cosmetic and asthetic procedures. Some of the major players operating in the global compression garments market are McKesson Medical-Surgical Top Holdings Inc., BSN Medical, Medi GmbH & Co., SIGVARIS Management AG, Julius Zorn, Inc., Medico International, Inc., Spanx., Inc., Bio Compression Systems, Inc., Gottfried Medical, Inc. and Spectrum Healthcare, Inc.

Key Market Movements:

  • Growing prevalence of painful conditions such as lymphedema, lipodermatosclerosis, varicose veins, etc.
  • Increasing interest of the general population in sports and fitness activities
  • Augmented amount of clinical evidence supporting the benefits of compression therapy in disease treatment and sports performance
  • Growing disposable incomes facilitating higher uptake of compression garments as performance accessories

Embedded SIM Market is set to grow with a CAGR of 25.6% through the forecast period to cross US$ 1,000 Mn by 2026

According to a new market research report published by Credence Research “Embedded SIM Market (Form Factor – Removable and Embedded; Application – Connected Cars, Laptops, Smartphones & Tablets, Wearables and M2M; Industry Vertical – Consumer Electronics, Automotive, Oil & Gas, Energy & Utilities, Manufacturing, Retail and Transportation & Logistics)  – Growth, Future Prospects and Competitive Analysis, 2018 – 2026”, the overall embedded SIM (eSIM) market worldwide is set to grow with a CAGR of 25.6% through the forecast period to cross US$ 1,000 Mn by 2026.

Market Insights

The embedded SIM (eSIM) market is rapidly gaining pace, thereby creating numerous opportunities for mobile network operators as well as connected devices manufacturers. With expanding application area of SIM cards to laptops, tablets and connected devices for IoT ecosystem, eSIM cards are set to witness rapid growth over the forecast period. The market is highly driven by their superior advantages over conventional SIM cards. Embedded SIM cards are rugged, available in smaller size, secure and interoperable. Embedded SIM cards enable users to switch between networks without physically interchanging the default chip. In addition, eSIM ease out logistics for mobile network operators (MNOs) by eliminating handling millions of SIM cards (as in case of conventional cards).

Booming IoT sector worldwide is another important factor supporting the market growth. As of 2018, total number of connected devices exceeds 17 Bn, with IoT devices (excluding smartphones, laptops and other mobile devices) surpassing 7 Bn across the globe. By 2022, over 70% of the total IoT devices are expected to be connected using cellular technology, thereby creating enormous opportunities for eSIM market. eSIM cards are believed to be more useful for IoT ecosystem across verticals such as power generation, oil & gas, manufacturing and others. Changing SIM cards in these sectors may prove costly and difficult as most of the IoT devices are located at remote places that are challenging to access. As a result, growing industrial IoT is expected to emerge as the most promising factor bolstering the eSIM market over the following years.

On the basis of geography, Europe leads the overall eSIM market worldwide accounting for nearly 40% of the global market size. The market here is primarily governed by the presence of robust IoT sector here. In addition, presence of numerous market players including Gemalto N.V., Giesecke & Devrient GmbH, STMicroelectronics N.V. and NXP Semiconductors N.V. among others. Asia Pacific is projected to register the fastest growth over the forecast period. Countries such as China, Japan and South Korea are among the leading nations in connected devices in Asia Pacific. Additionally, rapidly growing IoT sector in India would further accelerate the regional market growth during the forecast period.

Some of the major companies profiled in the report include STMicroelectronics N.V., Gemalto NV, Deutsche Telekom AG, NXP Semiconductors N.V., Infineon Technologies AG, Giesecke & Devrient GmbH, Vodafone Plc., Idemia France SAS, Sierra Wireless, Inc. and NTT DOCOMO among others.

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Shipping Containers Market estimated to grow with a CAGR of 6.5% during the forecast period from 2018 to 2026.

According to a new market research report published by Credence Research “Shipping Containers Market (by Size: Small Containers (20 Feet), Large Containers (40 Feet) and High Cube Containers; by Type: Dry Containers., Refrigerated Containers, Tank Containers and Other (Flat Rack Containers, Tunnel Container, Special Purpose Containers, etc.); by Deployment: On-shore Containers and Off-shore Containers- Growth, Future Prospects, and Competitive Landscape, 2018-2026”, the shipping containers market estimated to grow with a CAGR of 6.5% during the forecast period from 2018 to 2026.

Market Insights

Quantity of goods carried by shipping containers witnessed an extravagant grow from 102 Mn metric tons in 1980 to 1.83 Bn metric tons in 2017. The quantity is projected to claim more than 60% of the world seaborne trade and almost 90% of the non-bulk cargo transported across the globe. The number is quite promising and anticipated to proliferate significantly in the coming years. Therefore, the aforementioned number strongly advocate the consistent growth rate of global shipping containers market. With more than 17 Mn containers across globe and more than 6 Mn shipping containers sailing on cargo ships, shipping containers market registered market growth of 6.5% throughout the forecast period.

A number of shipping containers are available for cargo transportation and are classified according to container size, container type, and deployment. Based on size, shipping containers are classified into small container (20 feet), large container (40 feet) and high cub containers. Furthermore, the research study includes market value of shipping container based on their types including dry container, refrigerated container, tank container and other. According to deployment shipping containers are divided into on-shore and off-shore containers. In 2017, Asia Pacific currently holds the majority of market share in global shipping containers market. China manufacturers the majority of shipping containers and also contributes significantly to global maritime trade. Consequently, Asia Pacific is expected to hold its market position throughout the forecast period.

Competitive Insights:

The research analysis covers exhaustive analysis of leading shipping containers vendors including China International Marine Containers (Group) Ltd. (CIMC), Dong Fang International Container (Hong Kong) Co. Ltd., Jindo Co. Ltd., Maersk Container Industry AS, CXIC Group Containers Company Limited, and MSC Mediterranean Shipping Company S.A. All the aforementioned companies face a stiff competition in order to maintain their market position. The different strategies adopted by the companies in order to stay competitive in the market. Besides, some of the other prominent players in shipping container market includes Sea Box Inc., Singamas Container Holdings Limited, Storstac Inc., TLS Offshore Containers International Pvt. Ltd., W&K Containers Inc., and YMC Container Solutions.

Key Analysis Covered:

  • Consistently flourishing maritime trade, global demand and growing number of cargo ships positively encouraged the growth of shipping containers market
  • Growth of businesses across several sectors and their development complementing the growth of global trade and consequently, shipping containers market
  • Different sections of shipping containers and their standing in terms of market value
  • Underlining the factors encouraging the demand for different variants of shipping containers
  • Role of developing region such as Asia Pacific and their effect on global shipping containers market

The complete report is available at  https://www.credenceresearch.com/report/shipping-containers-market

Veterinary Surgical Sutures Market: Global Industry Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2018 to 2026

According to the latest report published by Credence Research, Inc. “Veterinary Surgical Sutures Market – Growth, Future Prospects, and Competitive Analysis, 2018-2026,” the global veterinary surgical sutures market was valued at USD 232.0 Mn in 2017, and is expected to reach USD 418.6 Mn by 2026, expanding at a CAGR of 6.7% from 2018 to 2026.

Browse the full report Veterinary Surgical Sutures Market – Growth, Future Prospects, and Competitive Analysis, 2018-2026 report at https://www.credenceresearch.com/report/veterinary-surgical-sutures-market

Market Insights

Veterinary sutures are one of the most preferred surgical devices in veterinary surgeries or wound closures. The companion animals account for almost 50% of the market compared to farm animals. The reason for this dominance is increasing trend of petting animals in the young generation, and high awareness related to the health of companion animals in pet owners. Growing technological developments in animal husbandry industry have increased the profit margins of business owners due to which requirement of farm animals is increasing which is further assisting the animal healthcare market. Enhancement in the field of suture manufacturing process coupled with the availability of a wide range of surgical sutures for veterinary applications identified as the key factors responsible for the overall growth of the veterinary surgical sutures market.

Veterinary surgical sutures can be segmented as absorbable and non-absorbable. Absorbable surgical sutures are further segmented as monofilament, natural, and braided. Non-absorbable surgical sutures are sub-segmented as monofilament and braided. Absorbable surgical sutures accounted for the largest market share in 2017, due to key market drivers such as highly safe & minimum post-surgery complications are reported, cost-efficient, and causes minimum wear & tear of a targeted area. Monofilament is currently the most preferred surgical suture as it causes less damage to skin tissues and reduces the chances of post-surgery infection.

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North America was observed as the largest veterinary surgical sutures market due to high public awareness related to safe & efficient surgical sutures, minimal invasive veterinary surgeries promote the minimum application of sutures assisting the quick recovery of animals, and high availability & accessibility of modern healthcare infrastructure. One of the major reasons indirectly assisting the market growth is rising number of individuals preferring a pet animal at home and imbibing this culture & idea in a young population. According to the 2017-2018 National Pet Owners Survey conducted by the American Pet Products Association (APPA) suggested that 60% of the U.S. households, or about 85 million families, own a pet. Thus, supportive health insurance policies for pets also trigger the veterinary surgical sutures market in the near future.

Market Competition Assessment:

The growth of veterinary surgical sutures is gradual and major companies present in this market are investing in the development of cost-efficient & safe veterinary surgical sutures. The key market players in this market are Medtronic plc, B.Braun, DemeTech, KRUUSE UK Ltd., Ethicon US, LLC, Teleflex Incorporated, Q-Close (Clinisupplies Ltd.), and AmerisourceBergen Corporation among others.

Key Market Movements:

  • Rising awareness related to animal care is assisting the overall veterinary diagnostic & treatment market
  • Technological enhancement in veterinary surgical sutures in terms of the design, physical properties and efforts to minimize post-surgery side-effects
  • Absorbable surgical sutures accounted for the largest market share in overall veterinary surgical sutures market due to several advantages over non-absorbable surgical sutures
  • North America dominated the overall veterinary surgical sutures market globally due to the recorded highest number of pet and cattle surgeries.

Type of Sutures Segment (2016–2026; US$ Mn)

  • Absorbable Surgical Sutures
    • Monofilament
    • Natural
    • Braided
  • Non-absorbable Surgical Sutures
    • Monofilament
    • Braided

End-User Segment (2016–2026; US$ Mn)

  • Hospitals
  • Clinics

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America

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Connected Home Security Systems Market Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2018 to 2026

According to a new market report published by Credence Research, Inc., “Global Connected Home Security Systems Market (By Product Type (Locks and Sensors, Detectors, Alarms, and Cameras and Monitoring Systems), By Connectivity Type (Wi-Fi, Bluetooth, RFID/NFC, and Others), By End-user (Condominiums and Apartments, and Independent Homes)) – Growth, Future Prospects and Competitive Landscape, 2018 – 2026”, the global connected home security systems market is expected to witness a growth of 15.3% CAGR during the forecast period from 2018 to 2026.

Product Insights:

The global connected home security systems market is expected to demonstrate a noteworthy growth in the years to come and is projected to reach US$ 32.5 Bn by 2026, expanding at a CAGR of 15.3% during the forecast period from 2018 to 2026. Connected security systems are a useful addition to today’s home where security is an important issue. Connected home security systems are becoming powerful tools that give peace of mind and power to the user. These systems act as the centralized control systems of the home’s door locks, lighting, appliances, and security. Rising need of having seamless connectivity and the proliferation of remote monitoring in homes have aided the growth of connected home security systems market worldwide.

Browse the full report at https://www.credenceresearch.com/report/connected-home-security-systems-market

The global connected home security system market on the basis of product type was led by cameras and monitoring systems in 2017 and is expected to grow at a significant rate in the years to come. The growth of this segment is primarily backed by the increasing incidents of house robbery and thefts, which is encouraging the house owners to invest into enhanced safety and security solutions with efficient & effective cameras and monitoring systems. Further, based on geography, North America garnered the largest market share in the connected home security system market in 2017 and is expected to remain dominant throughout the forecast period from 2018 to 2026. High adoption of connected home security installations coupled availability of low-cost security & monitoring devices is facilitating the market growth in the region.

Competitive Insights:

The globally connected home security system manufacturers are adopting several strategies in order to thrive in a competitive environment. Partnerships, new product developments remain the most vital strategies that are been implemented by the key players to gain an edge over others. Major players in the connected home security system market include ADT Inc., Tyco Security Products, Alarm.com Holdings, Inc., August Home, Ooma, Inc., Canary Connect, Inc., Cocoon Labs Ltd, Control4 Corporation, Frontpoint Security Solutions, G4S plc, Honeywell International, Inc., Comcast Corporation, Kuna Systems, Kwikset, Nest Labs, Panasonic Corporation, Protect America, Inc., Samsung, SimpliSafe, Vivint, Inc., Vodafone Group, Plc., and Withings among others.

By Product Type Segment

  • Locks and Sensors
  • Detectors
  • Alarms
  • Cameras and Monitoring Systems

By Connectivity Type Segment

  • Wi-Fi
  • Bluetooth
  • RFID/NFC
  • Others (ZigBee, etc.)

By End-user Segment

  • Condominiums and Apartments
  • Independent Homes

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America

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