ECG Monitoring Systems Market – Global Industry Analysis By Type, Size, Share And Forecast 2011 – 2016

ECG monitoring services

ECG monitoring services

Electrocardiogram (ECG) monitoring systems are used for detection and provide feedback regarding abnormal episodes of electrical functioning of the heart. ECG monitoring systems include resting ECG recorders, ECG stress testing systems, Event recorders and Holter monitors. The global ECG monitoring systems market report provides 10-year data (historical trends from 2007 to 2011 and forecasts from 2012 to 2016) for the global & market size for 12 major national ,markets for ECG monitoring systems sales (unit sales and revenue). The ECG monitoring systems market is expected to witness high growth in the coming years due to the availability of superior and accurate image capture devices, flexibility in image management and reduced risk of radiation exposure for patients.

 

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This research report provides a detailed study of the ECG monitoring systems market and also aids in understanding the various factors driving market growth. The executive summary of this report comprises a market snapshot that provides information on the market segments and sub-segments. The market analysis section of the report demonstrates the market dynamics and market trends such as the drivers, restraints and opportunities that might influence the current and future status of this market. Impact factors such as Porter’s five forces analysis and value analysis of the ECG monitoring systems market have also been explained in the market analysis section of the report, in order to give a thorough understanding of the overall competitive scenario in the market. Other analyses such as volume-value analysis and pricing trends of the market are also explained in detail for a deeper insight into the ECG monitoring systems market. All these factors would help the market players gain an in-depth understanding of the overall competitive scenario in this market and consequently, decide upon the business strategies and plans to be implemented in the future.

 

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The ECG monitoring systems market is categorized on the basis of system types and geography. The market estimates for each of these segments from 2011 to 2016 are provided in USD million. The ECG monitoring systems market based on the type of system is segmented into Resting ECG Monitoring Systems (Single Channel, 3 Channel, 6 Channels and 12 Channels), ECG Stress Testing Systems (Local and Imported), Holter Monitoring Systems (High End and Low End), and Event Monitoring Systems. A detailed market analysis and forecast for these segments including revenue analysis, volume analysis, pricing analysis and market share of the major players has been provided in this study, in terms of market revenue (USD million) for the period between 2007 and 2016. In addition, the report includes the average price of systems by category, average cost of test by system type and market share of major players by category. The report also provides the compound annual growth rate (CAGR) for each system type for the forecast period between 2012 and 2016, while market size estimations have been made considering 2011 as the base year.

 

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Based on geography, the global ECG monitoring systems market has been segmented into 12 national markets: the U.S., the U.K., Germany, France, Italy, Spain, Japan, China, India, Australia, Brazil and Canada. The current and future market sizes (in terms of USD million) of the regional markets mentioned above have been provided in the report for the period between 2007 and 2016. Each regional market is explained thoroughly, including parameters such as volume-value and pricing analysis of each segment of the ECG monitoring systems market. This report concludes with the company profiles section, which includes key information such as business overview, financial overview, segments, key products and recent developments related to the major market players in the ECG monitoring systems market. Some key players profiled in this report include GE Healthcare, Nihon Kohden, Philips Healthcare, Schiller AG, and Johnson & Johnson among others.

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Eyewear Market – Global Industry Analysis, Size, Share, Growth and Forecast, 2012 – 2018

The demand for eyewear products was over 2,600 million units in 2011, and is expected to grow at a CAGR of 3.7% from 2012 to 2018. In terms of revenue, the market was valued at approximately USD 81 billion in 2011 and is expected to reach USD 130 billion by 2018.

 

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High degree of market penetration of corrective eyewear such as spectacles/eyeglasses is primarily responsible for the burgeoning demand for these products. The increasing number of individuals requiring prescription eyewear is also a major driving force for the growth of this market. Expansion of the wearer base can be mainly attributed to children requiring vision correction at an early age due to lifestyle changes, and the rapidly increasing aging population which requires progressive lenses. However, increasing awareness and acceptance of corrective or refractive surgeries to eliminate the use of corrective eyewear is expected to inhibit market growth over the next five years.

 

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Spectacles (spectacle lenses and spectacle frames) are the largest product segment of eyewear in terms of demand and revenue, and were valued at over USD 63 billion in 2011. Contact lenses are another major eyewear product, and are expected to enjoy increasing consumer demand. However, this is not expected to translate into high revenues owing to the relatively lower retail prices of contact lenses compared to other eyewear products.

 

North America was the market leader in eyewear, and accounted for over 30% of the global market share in 2011. Asia Pacific, particularly China and India, with its dense population and high degree of eyewear penetration, is expected to be the fastest growing market in terms of revenue over the forecast period, and the industry is expected to grow at a CAGR of 9.0% from 2012 to 2018 in this geography.

 

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The global market is moderately consolidated and is characterized by the presence of a significant unorganized sector, especially on a regional level. The contact lens and plano sunglasses industries are expected to witness an increase in market share over the next few years. This study incorporates an extensive company share analysis, as well as comprehensive profiles of key market players such as Luxottica, Safilo, Johnson & Johnson, Bausch & Lomb, Hoya Corporation, Essilor, and so on.

 

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The report estimates the global eyewear market in terms of volumes (million units) and revenue (USD million) from 2011 to 2018. Each geographical segment is analyzed on the basis of the type of product from 2011 to 2018, both in terms of volumes and revenues. The study includes detailed analysis for each market segment which would assist in making effective strategic decisions. The report segments the global eyewear market as:

 

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Eyewear Market, by Product Type:

Spectacles

Spectacle lenses

Spectacle frames

Contact Lenses

Plano Sunglasses

 

Eyewear Market, by Geography:

North America

Europe

Asia Pacific

Rest of the World (RoW)

 

Eyewear Market, by Distribution Channel:

Retail outlets

Healthcare service providers

Online portals

 

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Solar Photovoltaic (PV) System Installation Market is expected to grow at a CAGR of 5.6% from 2012 to 2018. Transparency Market Research

The global solar PV installation was 29.6 GW in 2011 and is expected to reach 60.05 GW in 2018, growing at a CAGR of 10.7% from 2012 to 2018. In terms of revenue, the market is expected to grow at a CAGR of 5.6% from 2012 to 2018.

 

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Solar PV technologies estimated and forecasted in this study comprise of thin film PV, crystalline silicon PV and Others (organic solar PV, CPV etc.). Abundant supply of sunlight/ solar energy, growing demand for electricity, well-matched alternative with adequate output efficiency, lower than expected solar PV system prices, strong government support in the form of incentive schemes, favorable regulatory scenario and growing application scope are expected to drive solar PV systems demand over the next five years.

 

The wet climate across different geographic regions leading to deterioration of solar panels, limited life of batteries utilized in off-grid solar PV systems, slashed feed-in tariff rates, irregular solar intensities, and oversupply conditions are collectively expected to restrain the market growth of solar PV systems.

 

The residential end use sector is expected to be one of the rapidly growing markets and accounted for 30.22% of the overall demand in 2011. Increasing applications in utility-scale enabled this sector to dominate the solar PV market in 2011, accounting for 43.07% of market share. The residential sector is expected to attain 33.36% market share by 2018.

 

Key products analyzed and estimated in this study include thin film PV, crystalline silicon PV (c-Si PV) and Other types (organic solar PV, Concentrated PV etc.) of solar PV’s. The study also covers grid-connected and off-grid PV systems. Grid-connected solar PV’s dominated the grid type market, accounting for 98.03% of the overall installed capacity in 2011. Crystalline silicon solar PV has captured majority of the market and accounted for 80.81% of the overall installed capacity in 2011. Thin film PV market follows the c-Si PV market and is expected to grow with a CAGR of 18.0% from 2012 to 2018.

 

In terms of volume, EMEA dominated the global market accounting for over 75.7% of the overall annually installed capacity in 2011. Europe is followed by Asia Pacific in terms of solar PV installations due to high demand in emerging economies, especially China and India. Annual installations of solar PV are expected to increase in Asia Pacific due to increasing solar PV application scope, particularly in utility-scale, commercial and residential sectors. The current paradigm shift in the solar PV market is expected to change the scenario by 2018 with the Asia Pacific solar PV market volume expected to grow at a CAGR 16.99% from 2012 to 2018 owing to strong government support and lower prices.

 

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The study also provides extensive geographical analysis of the solar PV market, wherein the demand for various applications and end user industries as well as key regions has been forecasted for North America, EMEA, Asia Pacific and Rest of the World. In addition, a detailed analysis of the cause and effect of these applications in a particular region is also provided.

 

Key market participants profiled in this report include Suntech Power Holdings Co. Ltd., First Solar Inc, Canadian Solar Inc, Yingli Green Energy Holdings Co. Ltd., Trina Solar Ltd., Bosch Solar Energy AG and others.

 

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This research analyzes and estimates the performance and installed capacity of solar PV systems in the global scenario, providing detailed trend analysis of the market by geography and technology and comprehensive analysis of companies dealing in solar PV. The report presents a thorough assessment of the strategies followed by different stakeholders by segmenting the solar PV installation market as below:

 

Global solar PV Installation market, by grid type

Grid-connected solar PV

Off-grid solar PV

 

Global solar PV Installation market, by technology

Thin film PV

Crystalline silicon PV

Others (organic solar PV, CPV etc.)

 

Global solar PV Installation market, by end use

Residential

Commercial

Utility-scale

 

Global solar PV Installation market, by geography

North America

EMEA

Asia-Pacific

Rest of the World (RoW)

 

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Japan Baby Food & Pediatric Nutrition Market is Expected to Reach USD 15.90 Billion in 2019: Transparency Market Research

According to a new market report published by Transparency Market Research “ Japan Baby Food & Pediatric Nutrition Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019″, the market was valued at USD 11.16 billion in 2012, and is expected to reach USD 15.90 billion by 2019, growing at a CAGR of 5.2% from 2013 to 2019. Lack of adequate power infrastructure and increasing demand for reliable electricity delivery are the major driving forces of this market.

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This recent TMR report provides an overview of the overall market sector covering all the information on baby food and pediatric nutrition in Japan. The Japan baby food & pediatric nutrition market report analyses the market trends of the global market and provides the forecast to 2017. The report consists of methods of examining live birth rates, economic crisis in Japan, breastfeeding trends, changing attitudes and lifestyle, new baby food product packaging developments, and other safety concerns affecting the market for baby cereals, milks, meals, finger foods, and baby drinks.

 Japan has witnessed a constant decline in the demand of baby food due to the decreasing birth rate over the past few years. Against such a backdrop of a continuing drop in the number of births, the retail sales are not likely to rise up or show any type of overall growth, albeit the rise in current price occurs to be 5% for the given forecast. Due to the faster adoption of single serving products in terms of unit price, an overall reduction in value is expected as compensation.

 A number of underlying factors are responsible behind the trend of declining figures most of which include, the economic slump seen in the past decade in Japan, women marrying at a later age, non-child-friendly employment policies, and fluctuating lifestyles have been slowing down the growth of baby food in the global market. In addition, the phenomenon of men and women aged 20 to 35 living a parental life despite being employed also affect the growth of this market. Such individuals postpone their marriage and contribute little to the household activities.

 Nevertheless, the growth in demand of toddler baby food products, particularly the single serving products has engaged strong compensation to the volume decline to a certain extent. The consumption volume is expected to decrease in the given forecast. The overall value of the declination is limited to USD 20 million over the period 2011 to 2007. As parents worldwide are becoming aware of the nutritional requirements and healthy baby food products needed in their baby’s food, they are increasingly opting for enhanced products that benefit their babies throughout the infant development stage. Many parents have time limitations and high concerns about their baby’s nutrition and development which in turn encourages the Japan baby food & pediatric market to cater challenging and customer satisfactory baby food retail products including bottled baby food, canned baby food, baby snacks, and baby cereal.

 According to this study report, the global baby food & pediatric nutrition market in 2011 is estimated be worth USD 38,180.9 million growing with a CAGR of 7.97% during 2007 – 2011 from USD 28,100.0 million in 2007. The market is further predicted to reach USD 41,521.7 million in 2012 and is forecasted to reach USD 63,681.0 million in 2017. 

 Geographically, Asia Pacific is predicted to lead the market with its largest share of revenue. Asia-Pacific is a constitution of many other countries including, China, Japan, Indonesia, Thailand, Philippines, Vietnam, Malaysia, India, Taiwan, South Korea, and Singapore. However, Asia-Pacific is accounted for 40.20% of the global baby food & pediatric nutrition market revenue valued at USD 16,692.5 million in 2012. The Japan baby food & pediatric nutrition market is further expected to reach a value of USD 30,149.1 million in 2017 growing at a CAGR of 12.55% during 2012 – 2017, and is expected to account for largest share of volume 37.82% at 1,223.9 thousand tonnes in 2012. By 2017, the segment will reach 1,846.3 thousand tonnes with a CAGR of 8.57% during 2012 – 2017.

 Among the key market players, Meiji Holdings Co Ltd leads the Japanese baby food and pediatric nutrition market share in excess of 30%.

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Global Compound Feed Market- Global Industry Analysis, Size, Share, Growth and Forecast, 2012 – 2018

According to a new market report published by Transparency Market Research “Global Compound Feed Market- Global Industry Analysis, Size, Share, Growth and Forecast, 2013 – 2019,” the demand for eyewear products was over 2,600 million units in 2011, and is expected to grow at a CAGR of 3.7% from 2013 to 2019. In terms of revenue, the market was valued at approximately USD 81 billion in 2011 and is expected to reach USD 130 billion by 2019.

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ALBANY, New York, August 6, 2014 – In its latest research report published recently, Transparency Market Research states, the global compound feed market is likely to reach USD 308.5 billion by 2017. The report titled, “Compound Feed Market & Feed Additives Market – Global Industry Size, Share, Segment and Geographic Analysis and Forecasts (2007-2017)”, is available for sale on the company’s website.

The compound feed industry plays an important role in the food industry. These are feeds are made especially for animals, taking into consideration their specific nutritional requirements. Compound feeds are a blend of several raw materials and additives. Compound feed is produced to provide the livestock with nutritional meal. It is backed with an intention of extracting the best quality of meat from them meant for human consumption. The biggest market driver for compound feed sector is the rise in the demand of animal derived products by the exponentially increasing population. The other factor contributing to the growth of compound feed market around the world is the positive rise in disposable income.

The development in the compound feed was seen the recent years due to increased consumer awareness about the safety standards of animal derived food. The technological change in production of compound feed has truly revolutionized the quality of these feedstuffs, thus improving the quality of meat in the market. Despite such powerful market drivers, the market does suffer from certain restraints. Rising cost of raw materials, and strict regulatory framework by the governments is holding back the market’s growth. However, rise in the prices of natural feed products is rapidly opening up opportunities for the animal feed additives market.

Compound feed contributes 70% of livestock production cost. Owning to this contribution, it plays a significant role on the farmer’s production cost and returns, as ample usage of compound feed assures steady and increased supply of milk, eggs, and meat. Between 2007 and 2012 the global compound feed market grew at a rate of 3.94%. Traditionally, swine feed is the biggest contributor to the growth of compound feed sector. However, in the recent years, segments such as aqua feed, poultry feed, cattle feed, and other animals have also contributed significantly.

For the longest time, North America has heralded the compound feed market in terms of revenue. It reported revenue of USD 72.3 billion in 2010, with signs of growth in the coming years. However, the aforementioned market drivers will Asia one of the biggest contributors to the industry of compound feeds in the coming years.

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Global Probiotics Market is Expected to Reach USD 15.90 Billion in 2019: Transparency Market Research

According to a new market report published by Transparency Market Research “ Global Probiotics Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019″, the market was valued at USD 11.16 billion in 2012, and is expected to reach USD 15.90 billion by 2019, growing at a CAGR of 5.2% from 2013 to 2019. Lack of adequate power infrastructure and increasing demand for reliable electricity delivery are the major driving forces of this market.

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The global market for probiotics is mainly driven by high demand for probiotic yogurt and growing consumption of functional food. Growing consumer awareness regarding gut health has played a key role in sustained growth of these ingredients. However, pricing issues, culture cultivation and lack of standardization of product specifications are expected to have an inhibiting effect on market growth over the next five years.

Probiotic foods & beverages are the dominant segments the global market and are expected to grow at a CAGR of 6.8% from 2013 to 2018. Probiotic demand for food & beverage segment is estimated to reach USD 37.9 billion in 2018. Following food and beverages, the market for dietary supplements and animal feed are also witnessing significant growth.

With respect to application segments, probiotics are widely used in dairy, non-dairy, cereals, baked products, fermented meat products, dry foods and others. Dairy products are the largest application market for probiotic foods. Probiotic demand for dairy products is estimated to reach USD 32.2 billion in 2018, growing at a CAGR of 6.8% from 2013 to 2018. Probiotics have also emerged as a critical part of the animal feed industry. Probiotic demand for animal feed applications is estimated to cross USD 3 billion by 2018.

Asia-Pacific is the market leader for probiotics, with an expected CAGR of 7.0% from 2013 to 2018. Europe is another key consumer of probiotic products, with consumer awareness levels much higher than compared to North America; European probiotic demand is expected to grow at a CAGR of about 6.7% from 2013 to 2018. In Asia-Pacific, China and Japan dominate the market revenue for probiotics, with India and other regions also showing significant growth. In Europe, Germany and U.K. are the most attractive markets, with expected CAGR of over 6% each from 2013 to 2018. The markets of North America and emerging countries such as Brazil also show huge potential for demand growth.

Some of the key players of the market are BioGaia Biologics AB, Danisco, Chr. Hansen A/S, Nestle SA, Probi AB, Lifeway Foods Inc. and Yakult Honsha Co. Ltd.

This research is specially designed to estimate and analyze the demand and performance of probiotics in a global scenario. The research provides in-depth analysis of probiotic ingredient and product manufacturers, product sales, and trend analysis by segments and demand by geography. The report covers all the major product segments of the probiotics market and provides detailed analysis, historical data and statistically refined forecast for the segments covered. The study presents a comprehensive assessment of the stakeholder strategies, winning imperatives for them by segmenting the probiotics market as below:

Global probiotics market, by end use

Human probiotics

Animal probiotics

Global probiotics market, by application

Food and beverages

Dairy products

Non-dairy products

Cereals

Baked food

Fermented meat products

Dry foods

Dietary supplements

Food supplements

Dietary supplements

Specialty nutrients

Infant formula

Animal feed

Global probiotics market, by bacteria

Lactobacillus

Streptococcus

Bifidobacterium

In addition the report provides a cross-sectional analysis of all the above segments with respect to the following geographical markets:

Global probiotics market, by geography

North America

U.S.

Europe

Germany

U.K.

Asia-Pacific

China

Japan

India

Rest of the World (RoW)

Brazil

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proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

 

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Wearable Medical Devices Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019

Wearable Medical Devices Market

Wearable Medical Devices Market

According to a new report published by Transparency Market Research titled, “Wearable Medical Devices Market (Heart Rate Monitors, Activity Monitors, ECG, Pulse  Oximeters, EEG, EMG, Glucose/Insulin Management, Pain Management, Wearable Respiratory Therapy) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” the global market for wearable medical devices was valued at $2 billion in 2012 and is expected to reach an impressive value of $5.8 billion in 2019. The report represents the market’s growth at a compound annual growth rate (CAGR) of 16.4% in the forecast period, 2013 to 2019.

The term wearable technology is used quite often these days. With its popularity growing in the global market it gets important to understand the multifarious sub-sectors this demanding industry brings to the table. While the market has massively witnessed the implementation of the wearable technology in gadgets such as smart glasses or Google Glass; however, the largest share of sales has been in the fitness monitoring industry. Since the innovation of various medical technologies and applications, the healthcare segment is one of the major sectors witnessing rising growth of the wearable technology in the last two decades.

 

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Wearable medical devices have merged with the tele-radiology and telemedicine arenas allowing patients to detect and monitor changes in their body in different areas and organs. The modern day wearable medical devices are easy to handle and interpret, and thus, are widely used among people desiring for improved physical fitness. Wearable medical devices are used by patients, people aware of personal fitness, and even athletes.

This report studies the diagnostic wearable medical devices for observing vital signs such as, pulse oximetry, heart rate, electrocardiograms, blood pressure, fetal monitors, and neuromonitors. Similarly, pain management devices, wearable glucose/insulin monitors, and respiratory devices such as CPAP are observed under the therapeutic wearable medical devices market segment.

 

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This report also delivers the various segments involved in the wearable medical devices market, including the devices currently available in the market and those that are predicted to be introduced as innovative devices in the near future. The market study on wearable medical devices estimates leading technologies within the segment and analyzes it in terms of revenues for the period of nine years, from 2011 to 2019. The market also analyzes popular market segments such as, activity monitors and heart-rate monitors as major drivers on a global level.

Wearable medical devices that can measure heart rate, temperature, and different parameters have paramount importance while watching physical fitness of a patient or a person. The market is extremely trendy and dynamic in nature laying major emphasis to ergonomics and aesthetics of medical devices.

 

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Today, wearable medical devices have been transformed into an effective gadget that is not just used to monitor heart rate but is also used to store abundant patient information and data such as, SPO2, blood pressure, water content in the body, heart rate, and temperature, among many other diagnostic parameters.

Smart phones and wrist watches have consumed the largest share and made an extremely impressive expansion in the market. These devices have expanded in terms of applications that can now perform real diagnostic tests for instance, the Apple iPhone Glucose test. Over 65% of technologies in the market for wearable medical devices consist of wrist held devices in the form of watches or other devices that can be strapped to different areas of the body such as, torso, waist, and arms.

Besides, aesthetics as one of the key factors of the wearable medical devices market, other features for durability includes making the devices weatherproof and waterproof.

The geographical analysis of the wearable medical devices market includes market details for four major regions in the world, namely, Europe, North America, Asia-Pacific, and Rest of the World (RoW). Of all the regions, the North American market for wearable medical devices remains in the commanding position with a market share of 44% in 2012. Other emerging countries of Asia-Pacific and Rest of the World are expected to remain in a strong position as the expansion of purchase power for these devices rises among the population. Nevertheless, in terms of competition and total revenue, the market is highly fragmented and observes no specific leader.

 

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Operating Room Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019

Operating Room Equipments Market

Operating Room Equipments Market

The new market report “Operating Room Equipment Market (Operating Tables, Operating Room Lights, Surgical Booms, Operating Room Integration Systems and Surgical Imaging Displays) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013-2019,” published by Transparency Market Research analyzes and studies the market drivers, restraining factors, geographical landscape, and market opportunities of the operating room equipment segment on a global level.

According to this report, the global operating room equipment market was valued at $2.67 billion in 2012 and is further expected to grow at a CAGR of 6.2% from 2013 to 2019. The market for operating room equipment is thus estimated to reach a value of $4.05 billion in 2019.

 

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Owing to new and advanced technologies, operating rooms are becoming more spacious and popular in the market. An operating table is considered to be an indispensable part of an operating room. The need to accommodate a patient with the best of the equipment such as high definition and resolution surgical imaging displays and operating room lights during a surgical procedure has become a vital part of modern hybrid operating rooms.

This report studies and provides analysis of the current and the future scenario of the operating room equipment market and its potential for operating room (OR) equipment, globally. The report also throws light on the traditional use of operating room equipment versus the modern operating room equipment and the overall role of all these devices in the global market for operating room equipment.

 

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In addition, the global market for operating room equipment has been extensively analyzed on the basis of market driven factors such as pricing, suppliers and availability, product types, and technological developments, across various regions in the world. An operating room (OR) within a clinic or hospital where various surgeries are performed on patients witness various technological advancements and changes in the way of surgical procedures.

The operating room equipment market can be broadly classified into surgical booms, OR lights, operating tables, surgical imaging displays, and OR integration systems. The operating tables segment held the highest market share in 2012. It was valued at $815.5 million with approximately 30.6% of the total revenue share in the market, followed by the operating room lights segment. This report has also discussed the further segmentations of the operating tables market that includes specialty operating tables and general operating tables.

 

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The demand for general operating tables is very slow in the global market and the overall growth will be counterbalanced by the rising demand for specialty surgery tables, during the forecast period 2013 to 2019. Subsequently, the surgical booms and OR integration systems market are predicted to be the fastest growing market segments during the estimated period due to rising demand for hybrid operating rooms that requires such equipment for appropriate space management and equipment integration at a particular healthcare facility.

The operating room equipment segment encompassing all such equipment types is considered as the major revenue generating sector in hospitals and clinical departments. The market forecast and size in terms of revenue (USD million) for each of these operating room equipment categories have been detailed in the report for the given forecast period 2011 to 2019, viewing 2011 and 2012 as the base years. The report also demonstrates the % compound annual growth rate (CAGR) for each of these segments over the forecast period.

 

Based on geographical segmentation, the global market for operating room equipment is sectioned into four major geographical regions, namely, Europe, North America, Asia-Pacific, and Rest of the World (RoW). In 2012, Europe and North America were the largest regional share markets for operating room equipment. Since most of the clinics and hospitals in both these regions are already equipped with the appropriate operating room equipment facilities, the market will largely grow on advanced automated versions and rely on replacement of existing equipment.

Moreover, the Asia-Pacific region is also likely to witness high market growth for operating room equipment due to the rapidly evolving medical tourism market in this region. The medical industry in Asia-Pacific has seen an exponential rise in the number of ambulatory surgical centers (ASCs) and number of patients coming to countries such as, South Korea, India, Malaysia, and Thailand for different surgical treatments. Most of the healthcare providers in these countries are equipped with the latest medical technologies, thus offering treatments at low-cost facilities in order to offer enhanced patient care to their foreign customers.

The report on operating room equipment discusses some of the major players’ active in the operating room equipment market. They include. Skytron, LLC, Berchtold Corporation, TRUMPF GmbH + Co. KG, Eschmann Equipment, Mizuho OSI, Karl Storz GmbH & Co. KG, Getinge Group, Steris Corporation, Stryker Corporation, and NDS Surgical Imaging, LLC.

 

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Medical Transcription Services Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019

Medical Transcription Services Market

Medical Transcription Services Market

According to a new market research report “Medical Transcription Services Market (History and Physical Report, Discharge Summary, Operative Note or Report, Consultation Report and Others & MT Outsourcing and Offshoring) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019″, published by Transparency Market Research, the global medical transcription services market was valued at $41.4 million in 2012 and is expected to reach an estimated value of $60.6 million in 2019, growing at a CAGR of 5.6% in the forecast period 2013 – 2019.

Medical transcription (MT) is a significant application based domain in the healthcare management that is currently undergoing intense transformation in the market. Medical transcription services mainly include maintaining thorough medical information in an electronic format which helps reduction in the costs of maintaining the documents and paper work. Various factors such as implementation of electronic health record (EHR) systems in well-developed nations, growing concerns for safe and better healthcare services to the patients, infrastructural initiatives by governments, and automation of healthcare operations will make a significant impact on the present model of the medical transcription services market.

 

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Along with benefitting the developing countries with its various services, the market for medical transcription services has also improved the overall quality of healthcare documentation in terms of retrieval of data and ease of access. The healthcare documentation has greatly increased in volume and quality across the world. Medical transcription services have refined the healthcare services output and patient care facilities in many developed and emerging countries too.

Based on service type, the global market for medical transcription services is categorized into discharge summary (DS), operative records (OP), patient history (H&P), consultation records (CONSULT), and other diagnostic reports (pathology reports (PATH) & radiology reports (X-rays or radiographs). Among all the other reports, the market share of CONSULT reports is the highest in the overall market for medical transcription services. This is because the CONSULT reports for single patients are frequently generated each time the patient undergoes a treatment or visits the specialist for a consultation check-up. The global market for CONSULT reports is growing at a CAGR of 3.3% from 2013 to 2019 and is expected to reach $21.1 million in the estimated period.

 

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On the other hand, Patient History (H&P) reports are now made for both inpatients and outpatients to minimize the risk of reimbursement issues, causing an increase in demand for H&P reports in the overall market for medical transcription services.

This market also categorizes the medical transcription services by the modes of procurement which includes offshoring, outsourcing, and both outsourcing and offshoring at one time. In the medical transcription services industry, outsourcing has remained as the most preferred mode of service procurement consuming a market share of 62.2% in 2012. Typically, healthcare institutes acquire medical transcription services either by the method of offshoring or outsourcing the job to a domestic organization, or opt for both methods. However, multinational healthcare organizations operating internationally prefer both the modes of medical transcription services procurement. This is due to easy allocation of monetary resources, quick turnaround times, and ease of operations which are all based on the nature of reports.

 

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Considering the medical transcription services market based on regional analysis, the North American region demonstrates a value more than $18 million in the forecast period. The medical transcription services segment in this region is expected to grow at a CAGR of over 5% and with this value it will dominate and retain its position in the global market in the near future. Some of the growth drivers in this region include passing of Patient Protection and Affordable Healthcare Act, 2013 and rise in geriatric population.

Other Asian countries including Philippines and India are leading in terms of offshoring of medical transcription services. Latin America and United Arab Emirates (UAE) followed by Qatar are also some of the emerging markets in the Rest of the World (RoW).The medical transcription services market report includes the market trends and other details of the market dynamics such as the market opportunities, market drivers, and market restraints that influence the nature and future market status of the medical transcription services industry. The report also includes names of some of the top market players operating in the global market for medical transcription services. The key players profiled include MModal, Inc., iMedX Information Services Pvt. Ltd, Transcend Services, Inc., Nuance Communications, Inc., TransTech Medical Solutions, Precyse Solutions LLC, Acusis, LLC, and others.

 

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Medical Imaging Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019

Medical Imaging  Equipment Market

Medical Imaging Equipment Market

The new market report titled “Medical Imaging Equipment Market (X-ray, Ultrasound, Computed Tomography (CT), Magnetic Resonance Imaging (MRI) and Nuclear Imaging Equipment) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” published by Transparency Market Research studies and evaluates the key market drivers, opportunities, current market scenario restraints, and challenges of the medical imaging market in various geographies of the world.

According to this new report, the global medical imaging equipment market was valued at $24.39 billion and is expected to grow at a CAGR of 5.4% during the forecast period of 2013 to 2019. The market is predicted to reach a market value of $35.35 billion by 2019.

 

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The global medical imaging equipment segment is expected to grow and expand at a stable rate in the forecast period. Growing awareness about early disease diagnosis, increasing applications of diagnostic procedures in emerging markets, increasing funds by government bodies, investments by public-private partnerships in medical imaging equipment, rising number of cancer patients, and investments in technological advancements worldwide are some of the factors driving the global market for medical imaging equipment.

Moreover, prevalence of diseases such as, cardiovascular diseases, cancer, and neurological disorders, and increasing number of ongoing research activities have boosted growth in the medical imaging equipment market. Also, as elderly population are extremely susceptible to different types of diseases such as, stroke, osteoporosis, and cardiovascular diseases (CVDs), major growth in the medical imaging equipment sector is supported by the rising geriatric population.

 

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Medical imaging equipment utilizes energy waves to generate 2-D and 3-D images of human organs. This equipment is highly useful in diagnosing several complex diseases including, Parkinson’s disease, chromosomal abnormalities, and atherosclerosis disease. Other conditions such as, brain disorders, cardiovascular diseases (CVD), and oral conditions such as gingivitis, and lung disorders are effectively diagnosed with the help of medical imaging equipment.

Likewise, equipment such as computed tomography (CT) scanners and nuclear imaging devices within the medical imaging equipment market help in diagnosing all the above mentioned diseases accurately in a short span of time. Due to their capability to diagnose various diseases effectively in less time, the nuclear imaging equipment and CT scanners market segments are expected to show the highest growth in the future. In 2012, the market for CT scanners was valued at $4.35 billion and that for nuclear imaging equipment the value was $1.47 billion. The market growth for both these segments is expected to rise at a CAGR of over 5% each.

 

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An introduction of advanced medical products such as, upright MRI scanners and handheld X-ray machines are expected to augment growth in the global market for medical imaging equipment over the forecast period.

The report studies the global medical imaging equipment market based on the different technologies used in each product segment, as well the types of equipment. Some of the major product categories studied in this report include, computed tomography (CT), magnetic resonance imaging (MRI), X-ray, ultrasound, and nuclear imaging equipment.

The market for medical imaging equipment has also been segmented into four major regions of the world such as, North America, Europe, Asia-Pacific and Rest of the World. Geographically, the North American region is in the leading place constituting the largest share in 2012 (in terms of revenue for medical imaging equipment). However, due to rising geriatric population and improving healthcare conditions and infrastructure in the Asia-Pacific, this region is predicted to witness the highest growth rate of over 7% over the forecast period. Asia-Pacific will also experience growth in medical imaging equipment due to the favorable demand-supply gap for diagnostic services in the overall region. 

 

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