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Pupillometer Market Size, Demand, Share, Sales & Trends by 2033 – FMI
The global pupillometer market is poised to experience a steady growth trajectory, with a moderate-paced compound annual growth rate (CAGR) of 7.7% throughout the forecast period. The present valuation of the pupillometer market stands at US$ 385.56 Million in 2023, and it is expected to burgeon into a substantially larger market, reaching a total value of US$ 809.56 Million by the year 2033. The latter is known to be superior when comparing digital and video pupillometers. These tools are efficient in recording a full range of pupillary responses. In addition to that, the video pupillometer utilizes infrared high-definition video cameras to record the bilateral pupil responses to monocular visual stimuli.
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Furthermore, these pupillometers are capable of capturing both spontaneous and evoked pupillary light reactions at the same time. Another prominent element contributing to increased interest in video automated pupillometer is their recent regulatory clearance. Therefore, several prominent companies in the pupillometer market are incorporating cutting-edge technologies like an LED light source, a high-precision infrared camera, and a powerful microprocessor. As a result, the market expands as a result of the increased demand brought about by these features.
Furthermore, video pupillometers are faster and more convenient in comparison with digital pupillometers. The automatic pupillometers eradicate the potential for human errors that may occur with manual approaches. As a result, this causes an increase in demand for video pupillometers, which in turn propels the development of the market. Therefore, because of these benefits, these devices are widely used in clinical practice.
Key Takeaways
The pupillometer market is spreading widely resulting in the expanding use of computers and the internet for the creation of brand-new goods. With advanced technologies combined, pupillometers consist of user-friendly controls such as binocular and monocular measures, as well as the X81705’s infinite vision distance setting, which is both fully manually adjustable. The X81705 also has an automatic off/on functionality and digital readouts that can measure down to 0.5 nm.
The demand for the automated pupillometer market is on the rise as more people seek alternatives in comparison to the traditional method of pupil measurement owing to safety concerns. According to a study published in 2016, the American Journal of Critical Care revealed that neurological nurses and critical care are constantly underestimating pupil size and incorrectly measuring pupil reactivity, leading the authors to conclude that the use of an automated pupillometer medical device is an essential tool allowing for more effective and timely diagnostics.
The significant surge in global incidences of eye problems is also fueling demand for pupillometers. The number of people with moderate or severe visual impairment is anticipated to surge to nearly 588 million by 2050 from the current estimate of 217 million, according to 2017 research by the International Council of Ophthalmology.
The demand for pupillometers is on the rise in several illnesses such as ophthalmic-related illnesses caused by prolonged use of digital electronics such as TVs, smartphones & tablets, laptops, video games, and PCs. While demand for pupillometers continues to rise, the market expansion is being stymied by a dearth of trained personnel to operate cutting-edge devices.
The growth in the global pupillometer market is anticipated over the projection period backed by a dramatic rise in the incidence of neurological diseases. Owing to technological advances, it has resulted in the surge of a new generation of pupillometers and the emergence of progressive medical devices. Pupillometers are responsible for enhancing the effectiveness of the diagnosis and helping doctors better identify brain disorders. Backed by such properties, the global pupillometer market is expected to showcase an opulent growth opportunity.
Competitive Landscape
There are numerous international and domestic players within the pupillometer industry which are making the market fiercely competitive. To maintain a competitive edge over the global pupillometer market and expand product offerings, key market players are implementing market strategies like the introduction of new, ground-breaking items as well as mergers, collaborations, and acquisitions.
More Insights into the Pupillometer Market
North America is anticipated to dominate the global pupillometer market as it accounted for over 26.3% of the global revenue. The growth of the region is attributed to the region’s largest population and high incidence of neurological and eye illnesses. Pupillometry’s widespread applicability in the United States is another factor that should boost sales.
Europe is expected to surge with a lucrative growth opportunity with an 8.8% of CAGR between 2023 to 2033. Growth of the region is surging in Europe due to the rising prevalence of neurological illnesses, the pupillometer is finding more and more uses. In addition to that, technical advancements have led to the creation of a pupillometer for the next generation, which is more advanced than the medical devices of the past.
Key Segments in the Pupillometer Market
By Mobility:
Table-top
Hand-held
By Type:
Video
Digital
By End-use:
Hospitals
Eye Clinics
Others
By Application:
Ophthalmology
Neurology
Oncology
Others
3D Printed Medical Implants Market Demand, Trend & Forecast by 2032 | FMI
The 3D Printed Medical Implants Market is poised to achieve a valuation of US$ 2,494.5 million by the year 2032, a substantial increase from the US$ 680.9 million recorded in 2022, demonstrating an impressive compound annual growth rate (CAGR) of 12.5% throughout the forecast period.
As each day unfolds, the techniques employed for crafting these synthetic implants continue to evolve, introducing new biomaterials and thereby expanding the horizons of 3D-printed medical implants within the realm of healthcare. In recent years, we have witnessed a notable uptick in the regulatory approval of 3D-printed medical implants and their integration into surgical procedures. Beyond these developments, the landscape of this market is continually shaped by factors such as pricing dynamics, the practical applications of 3D printing, and the inclination of medical professionals to explore the full potential of this innovative process.
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Global 3D Printed Medical Implants Market: Dynamics
In recent years, the sales of craniomaxillofacial and dental implants have grown in numerous countries of developed regions. Growing demand for a range of patient-specific implants is boosting the 3D-printed medical implants market. Researchers have been leveraging computer-aided design software to come out with new types of patient-specific artificial medical implants. The demand for safer and more effective patient-specific treatments with 3D implants in the 3D-printed medical implants market is the result of concerted efforts by physicians, manufacturers, and surgeons. The growing use of 3D-printed medical implants in orthopedics is a key trend boosting the market. The advent of innovative design of implants help in reducing their stiffness and drive bone cell growth. Further, new opportunities have emerged on the back of user-friendly software.
Technological progress in the 3D-printed medical implants market hinges increasingly on how well stakeholders navigate logistical and regulatory hurdles. Since the healthcare application of 3D printing is relatively recent, the regulatory framework wields a marked impact on the evolution of the market. Further, these hurdles may impede the fast commercialization of 3D-printed medical implants in hospital settings.
Impact of COVID-19 on the Healthcare Industry
The COVID-19 pandemic has caused severe impacts on the global economy at various levels which can be seen in the Healthcare industry as well. The thriving market of healthcare research and development is expected to exhibit a steep decline in sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials, and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.
Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic era to focus on the growth and development of the 3D Medical Implants Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market along with the key takeaways from the forecast.
The team of analysts at Future Market Insights is focusing on research and market study to produce different 3D Medical Implants Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the 3D Medical Implants Market.
Market Segmentation
The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:
Based on material:
Metals
Ceramics
Polymers
Composites
Based on application:
Hearing Aids
Dentistry
Orthopedic
Others
Product Segmentation
The investigation offers a top-to-bottom evaluation of different clients’ journeys pertinent to the market and its segments. The study endeavors to assess the current and future development possibilities, undiscovered roads, and factors that shape their income potential in the global market by breaking it into di such as its types, applications, and region-wise assessment.
By Regional Analysis Covered
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, UK, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
Key Players
The writer will create content on the general strategies of market players. And then will write the key players in the market are: Oxford Performance Materials Inc., Straumann Group, MedShape, Inc., Renovis Surgical Technologies, Inc., BioArchitects, 3D Medical Manufacturing, Inc., EOS GmbH, Stratasys Ltd., and Emerging Implant Technologies GmbH and Others
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
Peripheral Vascular Devices Market Poised for a Multi-Billion Dollar Surge by 2032
By the end of 2022, the global peripheral vascular devices market is anticipated to be worth US$ 4.7 billion, and it will grow at a CAGR of 6.6% to reach US$ 8.9 billion by the year 2032. Peripheral vascular stents marketwill dominate the global market in 2021 with a share of about 78.5%, according to a recent study by Future Market Insights.
FMI, in its business report, elaborates on the historical and current scenario of the global Peripheral Vascular Devices market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions, and players based on demand patterns and growth prospects.
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Crucial information and forecast statistics covered in the Peripheral Vascular Devices market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
Why Choose Future Market Insights
Serving domestic and international clients 24/7
Prompt and efficient customer service
Data collected from reliable primary and secondary sources
Highly trained and experienced team of research analysts
Seamless delivery of tailor-made market research reports
Peripheral Vascular Devices Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Peripheral Vascular Devices market. Competitive information detailed in the Peripheral Vascular Devices market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Peripheral Vascular Devices market report.
Key Companies Profiled:
Abbott Laboratories
Boston Scientific Corporation
Cook Medical Inc.
MicroPort Scientific Corporation (Endovastec)
Medtronic Plc.
Cardinal Health, Inc.
B. Braun Melsungen AG
BIOTRONIK SE & Co. KG
Becton, Dickinson, and Company
W. L. Gore & Associates Inc.
Getinge AB
Terumo Corp
Kyoto Medical Planning Co Ltd
iVascular S.L.U
AMG International GmbH
ENDOCOR GmbH
Meril Life Sciences Pvt. Ltd.
Nano Therapeutics Pvt Ltd
Koninklijke Philips N.V.
REVA Medical
Key Offerings of the Report
Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Peripheral Vascular Devices market
Key Segments:
By Product:
Peripheral Vascular Stents
Self-Expanding Stents
Balloon Expanding Stents
Covered Stents
Drug-Eluting Stents
Drug Eluting Balloons
Peripheral Vascular Bioresorbable Scaffolds
By Indication:
Target Artery Instability (TAI)
Access Artery Injury (AAI)
Peripheral Arterial Disease
Arteriovenous Fistulas
Peripheral Aneurysms
Others
By Artery:
Carotid Artery
Fem-Pop Artery
lliac Artery
Infrapop Artery
By End User:
Hospitals
Ambulatory Surgical Centers/Outpatients
Cardiac Catheterization Labs
By Region:
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa (MEA)
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