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Bariatric Surgery Devices Market Size, Demand & Trends Forecast 2022 to 2032 | FMI

The Bariatric Surgery Devices Market is expanding gradually, with a CAGR of 6.2% predicted for the years 2022-2032.

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Bariatric Surgery Devices Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2021 along with the key takeaways over the forecast period.

Healthcare Industry

The team of analysts at Future Business Insights are focussing on research and market study to produce different Bariatric Surgery Devices 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 Bariatric Surgery Devices Market.

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What are the Main Factors Affecting the Market Development for Bariatric Surgery Devices?

The market for bariatric surgical devices is thought to be primarily driven by the increased prevalence of obesity situations. The market for bariatric surgery equipment is anticipated to increase as the obsess population becomes more aware of the issue. Other factors influencing the growth of the market for bariatric surgery equipment include the availability of surgeons trained in bariatric surgical methods. Due to the increased demand for bariatric procedures, both experienced and newly trained medical surgeons are honing and qualifying their surgical techniques. As a result, there is an increase in demand for bariatric surgery equipment. preventing dangers associated with obesity

Access to surgeons trained in bariatric surgical procedures

Due to the increased demand for bariatric procedures, both experienced and newly trained medical surgeons are honing and qualifying their surgical techniques. As a result, there is an increase in demand for bariatric surgery equipment.

Preventing dangers associated with obesity

Obese patients are at an increased risk of developing diabetes, hypertension, gastric reflux diseases, and blood pressure difficulties. The need for bariatric surgery equipment has greatly increased because the operations are meant to avoid the development of these disorders.

Less cutting techniques

Lower incisions are required for some bariatric procedures, such the small sleeve gastrectomy, which allows patients undergo the procedures without fear. Hospitals and weight-loss clinics use bariatric surgery equipment more as a result.

Key Players 

Johnson & Johnson, Covidien Plc, Cousin Biotech, and Pare Surgical, Inc., among others are the some of the key companies in the global bariatric surgery devices market. Pharmaceutical and medical devices leaders such as Medtronic has launched flagship devices for sleeve gastrectomy, indicating the positive expansion of the global market. The government funding is also playing a major role in providing manufacturers with the capital required to produce enhanced devices for bariatric surgeries.

Segmentation 

The global market for bariatric surgery devices can be segmented on the basis the type of

bariatric surgery

device used

Based on the different kinds of bariatric surgery procedures, the market is classified into,

Gastric Bypass Surgery

Sleeve Gastrectomy Surgery

Gastric Banding Surgery

Others

By device-type, the global market is further segmented into,

Stapling Devices

Gastric Bands

Gastric Balloons

By Region

North America

Latin America

Western Europe

Eastern

Asia Pacific

Japan

Middle East and Africa

Clinical Chemistry Analyzers Market Size, Share & Trends – 2032

The global market for Clinical Chemistry Analyzers is anticipated to reach US$ 13.6 billion in 2022. The market is anticipated to reach US$ 21.7 billion from 2022 to 2032 with a CAGR of 4.8%. The market has expanded as a result of the growing elderly population and the incidence of chronic diseases.

Crucial information and forecast statistics covered in the Clinical Chemistry Analyzers Industry 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.

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COVID-19 Impact Analysis on Clinical Chemistry Analyzers Industry

The recent outbreak of COVID-19 has turned the spotlight on the healthcare industry and subsequently impacted the Clinical Chemistry Analyzers Industry. Severe shortages of critical medical supplies and a rapid rise in a number of COVID-19 cases have resulted in a revolution rather than an evolution in the healthcare ecosystems. Consequently, the impact is noticeable in the Clinical Chemistry Analyzers market.

Following government’s measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on theClinical Chemistry Analyzers Industry. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

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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

Clinical Chemistry Analyzers Industry: Segmentation

Valuable information covered in the FMI’s Clinical Chemistry Analyzers market report has been segregated into key segments and sub-segments.

Clinical Chemistry Analyzers Industry Market by Product:

Clinical Chemistry Analyzers

Small

Medium

Large

Very Large

Clinical Chemistry Reagents

Calibrators

Controls

Standards

Others

Other Clinical Chemistry Analyzer Products

Clinical Chemistry Analyzers Industry Market by Test:

Basic Metabolic Panel Clinical Chemistry Analyzers

Electrolyte Panel Clinical Chemistry Analyzers

Liver Panel Clinical Chemistry Analyzers

Lipid Profile Clinical Chemistry Analyzers

Renal Profile Clinical Chemistry Analyzers

Thyroid Function Panel Clinical Chemistry Analyzers

Specialty Chemical Tests Clinical Chemistry Analyzers

Clinical Chemistry Analyzers Industry by End Use:

Clinical Chemistry Analyzers for Hospitals

Clinical Chemistry Analyzers for Academic Research Centers

Clinical Chemistry Analyzers for Diagnostics Laboratories

Clinical Chemistry Analyzers for Diagnostics Laboratories

Clinical Chemistry Analyzers for Other End Uses

Clinical Chemistry Analyzers Industry: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Clinical Chemistry Analyzers market. Competitive information detailed in the Clinical Chemistry Analyzers 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 Clinical Chemistry Analyzers market report.

Hospital Supplies Market Surges at 3.7% CAGR to Hit US$ 42.3 Billion by 2032

The worldwide demand for hospital supplies is projected to exhibit a Compound Annual Growth Rate (CAGR) of 3.7% during the forecast period spanning from 2022 to 2032. In 2022, the hospital supplies market is poised to achieve an estimated valuation of US$ 29.5 Billion. Findings from the study indicate that hospitals maintained a significant market share of 47.2% in 2021 within the global hospital supplies industry.

According to WHO statistics, approximately 15% of all hospitalized patients suffer from these healthcare-associated infections. Rising prevalence of hospital-acquired infection results in prolonged hospital stay, disability and economic burden. Predisposing factors such as excessive antibiotic consumption and severe illness prevalence will lead to an increase in nosocomial infection rate, which will further push the usage of surgical kits, diagnostic kits and surgical consumables.

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The development of the hospital supplies market is reliant on the increasing adoption of sterile products, growing incidence of hospital-acquired infections and rising awareness about safe health and hygiene practices in developing countries.

“Rising awareness regarding medical sterilization and hygiene in developing nations, along with technological advancements hospital supplies will auger well for the growth in the market,” says an FMI analyst.

Key Takeaways:

Based on product type, the hypodermic and radiology products segment accounted for 17.6% of the total market in 2021, and demand is expected to increase at a 3.6% CAGR through 2032.

In terms of end-user, hospitals are expected to register a CAGR of 3.9% in the forthcoming years.

The U.S. is anticipated to dominate the North America hospital supplies market over the forecast period, accounting for a lion’s share.

Sales in the Germany hospital supplies market are slated to increase at a 3.5% CAGR over the assessment period.

Demand in the China hospital supplies market will grow at a 4.1% CAGR in the forthcoming years.

India will emerge as a lucrative pocket, with demand growing at a 4% CAGR through 2032.

Competition Landscape

The key players in the hospital supplies market are focusing on tapping market potential through entering into strategic mergers & acquisitions agreements. They are also improving their product portfolios to gain a competitive edge in the market. For instance:

In March 2021, Cardinal Health entered into a partnership with FourKites to improve the tracking of medical supplies and equipment’s along with pharmaceutical products, first aid supplies and personal protective equipment (PPE) kits in hospitals, pharmacies and other healthcare settings across the globe.

In December 2020, 3M launched its next generation of silicon adhesive tapes, the 2480 3M Single coated medical nonwoven tape with silicon adhesive liner. It offers more and secure adhesion, avoids trauma to patient skin and aids a longer wear time. Hence, rising incidents of hazardous situations and chronic disease prevalence will propel market growth in future.

Key Market Segments Covered in Hospital Supplies Industry Research By Product:

Sterilization Consumables

Wound Care Products

Dialysis Products

Infusion Products

Hypodermic & Radiology Products

Intubation & Respiratory Supplies

Surgical Procedure Kits & Trays

Blood Management & Diagnostic Supplies

General Disposable Products

By End User:

Hospitals

Ambulatory Surgical Centres

Clinics

Diagnostic Centres

Long Term Care Centres

Nursing Facilities

Alzheimer’s Therapeutics Market Size, Forecast to 2033 | FMI

In 2023, the worldwide Alzheimer's therapeutics market is poised to reach a valuation of US$ 3,052.3 million. Anticipating a robust growth trajectory, the demand for Alzheimer's therapeutics is expected to surge at a notable CAGR of 9.2%, aiming for an impressive US$ 7,359.7 million by the year 2033.

Alzheimer’s Therapeutics is the most common reason for progressive dementia in the elderly population. There has been an exponential rise in the number of cases of Alzheimer’s Therapeutics worldwide emphasizing the necessity for developing an effective treatment. According to Alzheimer’s Association, in 2016, an estimated 5.4 million Americans of all ages have Alzheimer’s disease.

The mortality rates due to Alzheimer’s Therapeutics are quite high. Between 2000 and 2013, deaths due to heart disease, stroke and prostate cancer decreased by 14%, 23% and 11%, respectively, while deaths from ALZHEIMER’S THERAPEUTICS increased by 71% in the U.S. Similarly, According to Alzheimer’s Therapeutics International in 2015, there are an estimated 46.8 million people worldwide living with dementia and is further expected to grow in future. Thus, there is an increase in the demand for Alzheimer’s therapeutics and diagnostics worldwide.

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Population ageing across the globe is a major factor driving the market for Alzheimer’s therapeutics and diagnostics. Rising life expectancy is contributing to quick increases in the number of the aged population. In addition, is associated with increased prevalence of chronic diseases like dementia.

Therapies for alzheimer’s therapeutics offer temporary and uncertain improvements in the well-being of individuals, and none of the approved drugs can modify the course of the disease Alzheimer’s Therapeutics cement. Thus, the magnitude of the affected population and the lack of suitable and effective treatment offers an incredible opportunity for drug manufacturers.

However, the identification of the primary reasons and mechanisms involved in alzheimer’s therapeutics is limited. Drug manufacturers have been unable to validate the significant clinical benefits of treatment for numerous new compounds due to strict regulations. One of the significant trends observed in this market is the collaboration of the existing players.

Precisely, diagnostic technology companies are carefully trying to bring about effective biomarker technologies to support and improve the drug development process for potential drug candidates, which is further expected to propel the demand.

Developing countries are expected to offer lucrative opportunities for this market. According to Alzheimer’s Therapeutics International in 2015, 58% of people with dementia live in developing countries, but by 2050 this will rise to 68%. The fastest growth in the elderly population is taking place in China, India, and their south Asian and western Pacific region.

According to World Alzheimer Report in 2015, regional estimations of dementia prevalence in people aged 60 years and over vary from 4.6% in Central Europe to 8.7% in North Africa and the Middle East, however, all other regional estimates fall in a relatively between 5.6% and 7.6%.

A list of Key Players Covered in the Alzheimer’s Therapeutics Market are:

AbbVie, Inc.

Teva Pharmaceuticals Ltd.

Eisai Co., Ltd.

Janssen Pharmaceuticals, Inc. (Johnson & Johnson)

Novartis AG

Zydus Lifesciences Ltd (CADILA)

Sun Pharmaceutical Industries Ltd.

Dr. Reddy’s Laboratories Ltd

Aurobindo Pharma Ltd

Amneal Pharmaceuticals Inc.

Macleods Pharmaceuticals Ltd.

Viatris Inc.

Lupin Ltd

Cipla Ltd.

Torrent pharmaceuticals ltd.

Unichem laboratories ltd

Lannett Inc.

Key Market Segments Covered in Alzheimer’s Therapeutics Industry Research

By Drug Name:

Donepezil

Rivastigmine

Memantine

Galantamine

Manufactured a combination of memantine and donepezil

By Drug Class:

Cholinesterase Inhibitors

NMDA Receptor Antagonists

Manufactured Combination

By Distribution Channel:

Hospital Pharmacies

Retail Pharmacies

Drug Stores

Online Pharmacies

Organ Preservation Market | Global Sales Analysis Report - 2032

By 2032, the Organ Preservation Market will be worth US$ 455 million, expanding at a compound annual growth rate of 6.4%. Organ preservation is the act of conserving healthy donor organs so they can be transplanted into the bodies of recipients. Static cold storage (SCS), which stops toxic metabolites from destroying healthy tissue, helps to sustain normal organ function following transplantation.

Organ Preservation Market Overview:

The act of keeping healthy organs after they have been removed from donors’ bodies is known as organ preservation. Without causing much harm, organs are removed from the donor’s body, transported, and then transplanted into the body of the recipient. The results of this study indicate that the adoption of organ preservation is directly impacted by the increased prevalence of chronic illnesses.

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Organ preservation for transplantation has a strong influence on donor organ quality, which has a direct impact on a patient’s morbidity and survival rates following transplantation. One of the major factors driving the growth of the organ preservation solutions market is the increasing prevalence of chronic illnesses, as well as the world’s growing elderly population.

Because of the increasing number of organ failures caused by diabetes, cardiovascular diseases (CVDs), obesity, and other serious medical problems, static cold storage organ preservation treatments are becoming more common. Innovative and sophisticated organ preservation strategies, such as NMP, act as a growth-inducing agent.

In clinical and experimental research, such strategies help to reduce the risk of reperfusion damage after transplantation and improve static cold storage organ preservation results. Furthermore, an increasing number of government and non-government regulations and activities to encourage organ donation are positively impacting the growth of the organ preservation solutions market.

The growing number of people who volunteer to donate their organs for transplantation and research is also propelling the market forward. Other factors, such as increased R&D and significant developments in the global organ preservation market, are expected to significantly contribute to market expansion.

Ask the Expert: Unlocking Insights from the Masters.

Key Takeaways:

A preservation injury occurs when the liver no longer functions. A liver transplant, also known as a hepatic transplant, has the potential to save someone’s life. A liver transplant may also be recommended by a doctor to a patient who has reached the end stage of liver disease.

Individuals who received a liver transplant had an 89% chance of survival after one year, according to an article published in the American Journal of Transplantation. The growing need for organ transplantation is propelling the global organ preservation market across the board.

According to the American Transplant Foundation, approximately 114,000 people in the United States are currently on the waiting list for a life-saving organ transplant. Every day, on average, 20 people die due to a lack of available organs for transplantation.

Competition Analysis:

The global organ preservation marketis dominated by companies such as Paragonix Technologies (US), XVIVO Perfusion AB (Sweden), Dr Franz Köhler Chemie GmbH (Germany), Essential Pharmaceuticals, LLC (US), TransMedics (US), OrganOx Limited (UK), 21st Century Medicine (US), Bridge to Life Limited (US), Waters Medical Systems (US), Preservation Solutions (US), Carnamedica (Poland), Transplant Biomedicals (Spain), Institut (Netherlands).

Key Market Segments Covered in the Study:

By Solution:

University of Wisconsin Solution (UW Solution)

Custodial HTK

Perfadex

Other Solutions

By Technique:

Static Cold Storage

Hypothermia Machine Perfusion

Normothermic Machine Perfusion

By Organ Type:

Kidney

Liver

Long

Heart

Pancreas

By End User:

Organ Transplant Centres

Hospitals

Speciality Clinics

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Molecular Quality Controls Market Forecast 2023 to 2033

According to the latest market research by FMI, the global Molecular Quality Controls Market is anticipated to reach US$ 204 million in value in 2023. Throughout the projected period, the market is anticipated to grow at a CAGR of 7.2%. The estimate is expected to surpass US$ 408 million by 2033.

The global molecular quality controls market is predicted to grow at a CAGR of 6.7%, from US$ 164 million in 2021 to US$ 226 million by 2026, according to a market research analysis by Future Market Insights.

The rising adoption of third-party quality controls, the growing number of accredited clinical laboratories, the rising demand for external quality assessment support, increasing government funding to support genomics projects, increasing demand for personalized medicines, declining sequencing costs, and the rising prevalence of infectious diseases, cancer, and genetic diseases are all driving molecular quality controls market forward.

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Due to the expanding global burden of various diseases, the number of laboratory tests performed has grown. The number of laboratories in both the public and private sectors is growing to satisfy this need. Setting up a quality control process in a clinical laboratory necessitates a large financial commitment. Laboratories must also have specialized people to supervise the quality control system.

Regardless of the number of tests completed, QC procedures entail equal expenses. As a result, the expense of implementing QC processes in clinical laboratories that perform modest quantities of diagnostic tests is prohibitively expensive. This, along with funding restrictions in many hospitals and laboratories in both developed and emerging economies, is projected to lead to a decreased adoption of quality-control techniques.

New multi-analyte and multi-instrument controls have been developed as a result of technological improvements. These cutting-edge controls combine many instrument-specific controls into a single control, allowing clinical laboratories to save money. In addition, these controls save time by eliminating the need for separate QC processes for each analyte.

In the next years, the increased availability of such molecular quality controls for infectious disease diagnostics and other applications is likely to drive market expansion.

Key Takeaways:

The Asia Pacific molecular quality controls market is expected to reach US$ 72.07 million in 2028 from US$ 34.27 million in 2021; it is estimated to grow at a CAGR of 11.2%.
The European molecular quality controls market is expected to reach US$ 109.59 million by 2028 from US$ 55.76 million in 2021; it is estimated to grow at a CAGR of 10.1%.
The growing implementation of genomic sequencing in healthcare systems is supported by substantial government investments, totaling over US$ 4 billion by at least 14 countries.

SeraCare and the International Quality Network for Pathology (IQN Path) (Luxembourg) announced a collaboration in June 2021 to develop, manufacture, and supply a range of highly characterised cell line genomic DNA and formalin-fixed, paraffin-embedded (FFPE) standards with confirmed low, mid, and high levels of mutational burden within their exome regions.
Bio-Rad and Roche Diagnostics (Switzerland) announced worldwide cooperation in May 2021 to supply clients with a comprehensive array of InteliQ devices and Unity QC data management systems, as well as customer training and support services.
Abbott Laboratories spent USD 2.4 billion in research and development in 2020, with USD 10.80 billion going toward producing technologically enhanced diagnostic devices to expand its product offering.

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Key Segments

  By Analyte:

Single-analyte Controls
Multi-analyte Controls

  By Product Type:

Independent controls
Instrument-specific controls

 By Application:

Infectious Diseases Diagnostics
Oncology Testing and Genetic testing

  By End User:

Diagnostic laboratories
Hospitals
IVD manufacturer & CROs
Academic & Research Institutes