Aug 17, 2020: The global blood collection market size is expected to reach a value of USD 13.99 billion by 2026, expanding at a CAGR of 6.6%, according to a new report by Grand View Research, Inc. Rising incidence of infectious and non-communicable diseases is a major factor anticipated to propel the market growth during the forecast period.
According to the World Health Organization, over 41 million individuals that are equivalent to almost 71% of global deaths were caused due to non-communicable diseases in 2018. Cardiovascular diseases registered the highest mortality rates of over 17.9 million followed by cancer that claimed 9 million deaths and respiratory diseases such as chronic obstructive pulmonary disease & asthma claimed over 3.9 million lives in 2017 globally. These facts are indicative of an increase in the incidence of non-communicable diseases, which is expected to fuel market growth.
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An increase in the number of road accidents is anticipated to lead to a rise in demand for blood and its components. According to the National Trauma Institute, trauma injuries account for 30% of lives lost globally. The economic burden due to trauma injuries accounts for nearly USD 671 billion in a year. Statistics from the same source indicate that trauma is the number one cause of death from the age of 1 to 46. These facts are indicative of the rising incidence of trauma injuries that require blood collection products for effective treatment.
The growing rate of novel product launches and investments are anticipated to fuel the market growth during the forecast period. For instance, in August 2019, Velano Vascular announced that the company received an investment of USD 10 million from its strategic investor, Intermountain Healthcare for Velano Vascular’s FDA cleared PIVO needle-free blood collection technology.
PIVO device temporarily attaches itself to a peripheral IV catheter that collects the fresh venous sample. This device uses disposable needle-free that caters to lowered risks, improved quality of care, and increased efficiency. Therefore, the use of such novel technologies to avoid painful blood collection methods is expected to fuel market growth.
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Further Key Findings from the Study Suggest:
- Blood collection tubes witnessed huge demand owing to its increasing usage in diagnostics and blood sampling, thus, generated largest revenue in the year 2018
- Treatment application is anticipated to gain significant market share in the near future owing to rising incidence of chronic diseases
- The diagnostics application segment held the largest revenue share in 2018, due to the expanding pool of geriatric population and escalating prevalence of infectious & non-communicable diseases
- In 2018, the hospitals segment accounted for the largest share in the market due to an upsurge in the incidence of trauma & accidental cases along with growing number of surgical procedures
- North America held the largest share of the blood collection market in the year 2018, which can be attributed to the presence of a highly developed healthcare infrastructure and advanced blood collection products.
- Some of the key companies include Abbott Laboratories, NIPRO Medical Corp., Becton, Dickinson and Company, Terumo Corp., Medtronic, Qiagen, and FL MEDICAL s.r.l.
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May 25, 2020: The global blood collection market size is expected to reach a value of USD 13.99 billion by 2026, expanding at a CAGR of 6.6%, according to a new report by Grand View Research, Inc.
Rising incidence of infectious and non-communicable diseases is a major factor anticipated to propel the market growth during the forecast period.According to the World Health Organization, over 41 million individuals that are equivalent to almost 71% of global deaths were caused due to non-communicable diseases in 2018.
Cardiovascular diseases registered the highest mortality rates of over 17.9 million followed by cancer that claimed 9 million deaths and respiratory diseases such as chronic obstructive pulmonary disease & asthma claimed over 3.9 million lives in 2017 globally.
These facts are indicative of an increase in the incidence of non-communicable diseases, which is expected to fuel market growth.Download sample Copy of This Report at: https://www.radiantinsights.com/research/blood-collection-market/request-sampleAn increase in the number of road accidents is anticipated to lead to a rise in demand for blood and its components.
According to the National Trauma Institute, trauma injuries account for 30% of lives lost globally.
Statistics from the same source indicate that trauma is the number one cause of death from the age of 1 to 46.
DEC 14 2020: The global Blood collection market size is expected to reach a value of USD 13.99 billion by 2026, expanding at a CAGR of 6.6%, according to a new report by Grand View Research, Inc.
Rising incidence of infectious and non-communicable diseases is a major factor anticipated to propel the market growth during the forecast period.According to the World Health Organization, over 41 million individuals that are equivalent to almost 71% of global deaths were caused due to non-communicable diseases in 2018.
Cardiovascular diseases registered the highest mortality rates of over 17.9 million followed by cancer that claimed 9 million deaths and respiratory diseases such as chronic obstructive pulmonary disease & asthma claimed over 3.9 million lives in 2017 globally.
These facts are indicative of an increase in the incidence of non-communicable diseases, which is expected to fuel market growth.To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/blood-collection-market/request-sampleAn increase in the number of road accidents is anticipated to lead to a rise in demand for blood and its components.
According to the National Trauma Institute, trauma injuries account for 30% of lives lost globally.
Statistics from the same source indicate that trauma is the number one cause of death from the age of 1 to 46.
The global sleep apnea treatment devices market size is set to touch USD 8.97 billion by 2026, exhibiting a CAGR of 8.2% during the forecast period.
Steadily climbing demand for sleep apnea devices, stemming from a consistent spread in the prevalence of sleep apnea, will be a major growth driver for this market, shares Fortune Business Insights™ in its new report, titled “Sleep Apnea Treatment Devices Market Size, Share & Industry Analysis, By Device Type (Positive Airway Pressure (PAP) Devices, Oral Appliances, Masks & Accessories, and Others), By End User (Sleep Laboratories & Clinics, and Homecare & Other Settings), and Regional Forecast, 2019-2026.For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/sleep-apnea-treatment-devices-market-102694A study published in the medical journal Lancet in 2019 found that nearly 1 billion people worldwide suffer from Obstructive Sleep Apnea (OSA).
Regionally, too, the statistics conform to the global trends.
For instance, the European Respiratory Society estimates that 13% to 32% of the geriatric population in Europe suffer from sleep apnea.
As a result, the demand for sleep apnea treatment is escalating and driving the sleep apnea treatment devices market trends.
Furthermore, the incidence of OSA is spiking owing to the rising prevalence of obesity, the most common cause for interrupted sleep, which according to the World Health Organization, presently affects close to 650 million adults worldwide.Availability of Advanced Treatment Options to Propel the Market in North AmericaWith a market size of USD 2.35 billion in 2018, North America is poised to dominate the sleep apnea treatment devices market share during the forecast period.
Due to the increasing incidence of chronic diseases, healthcare expenditure, geriatric population, cases of road accidents and sports injuries, and awareness programs by public and private agencies, the Latin American (LATAM) physiotherapy tapes and bandages market value will rise from $30.4 million in 2019 to $39.8 million in 2030, at a 2.7% CAGR between 2020 and 2030 (forecast period).
Other key drivers for the market include the supportive government initiatives, existence of numerous physiotherapists in the region, sedentary lifestyle, and easy affordability and availability of the products.Receive Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/latin-america-physiotherapy-tapes-and-bandages-market-report/report-sampleThe product segment of the LATAM physiotherapy tapes and bandages market is categorized into bandages, tapes, and others, which include reusable gel bags and protective underwraps.
Among these, tapes were the largest category in 2019, and they will also witness the fastest growth during the forecast period.
This is attributed to the medically approved sweat and waterproof adhesive that helps the tapes stick to the skin for 3–5 days.
Additionally, for people with a latex allergy, kinesiology tapes that are free of latex and hypoallergenic in nature are available.Make an Enquiry before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry-url=latin-america-physiotherapy-tapes-and-bandages-market-report A lucrative opportunity for the players in the LATAM physiotherapy tapes and bandages market is the increasing sale of such products through online platforms.
With the growing penetration of the internet and smartphones, e-commerce businesses are prospering in the region.
According to research report Surgical Microscopes Market is poised to reach USD 915.6 Million by 2021 from USD 508.1 Million in 2016, at a CAGR of 12.5% from 2016 to 2021.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=179225920The increasing use of fluorescence image-guided surgery (FIGS), increase in the number of surgeries and growing demand for MIS, advancements in healthcare facilities, technological advancements, and customized microscopy solutions are the key factors driving the growth of the global surgical microscopes market.North America and Europe are established markets for surgical microscopes, due to broad technical applications of surgical microscopes and improved healthcare facilities in the region.
However, Asia-Pacific is expected to show high growth rate in next few years in global operating microscopes market.
This is due to presence of immense potential associated with healthcare services and increased investment in R Increasing healthcare awareness is also fuelling the growth of surgical microscopes market in emerging countries.China, India, Brazil, and the Middle East are the emerging markets for surgical microscopes; these markets are currently in the nascent stage.
These markets lack proper standards and government regulations and offer a huge potential for providers unable to meet U.S. standards.PERSONALIZE THIS RESEARCH> Triangulate with your Own Data> Get Data as per your Format and Definition> Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor> Any level of PersonalizationGet 10% FREE Customization on This Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=179225920On the basis of application, the operating microscopes market is segmented into neuro and spine surgery, plastic and reconstructive surgery, ophthalmology, gynecology and urology, oncology, dentistry, ENT surgery, and documentation.
In 2016, the neuro and spine surgery segment is expected to account for the largest share of the market due to the increasing demand for surgical/operating microscopes in neurosurgery.
However, the oncology segment is expected to grow at the highest CAGR during the forecast period.
