Global Electronic Health Records (EHR) Market Size of USD 23.2 Billion in 2017.

The global electronic health records (EHR) market was valued at USD 25.4 billion in 2018 and is expected to reach USD 36.0 billion by 2024, growing at a CAGR of 6.2% during the forecast period. The market is primarily driven by factors such as rise in the adoption rate of EHR, incorporation of healthcare information technology (HCIT), and the growing geriatric population with the subsequent rise in number of chronic diseases. The government initiatives to go paperless for documentation of healthcare data and the growing trend of cloud-based EHR software in the industry is expected to create ample growth opportunities for the key players of the market.

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The industry on the basis of an end user is categorized into hospitals, pharmacies, ambulatory care and others. A large number of patient pool in hospitals results in generation of large volume of data. This has led the inclination of hospitals to adopt EHR systems to manage their patient’s clinical data, leading to the largest contribution of hospitals in the global EHR market. The hospitals contributed more than 80% of the market share to the EHR market, globally in 2018.

North America is the largest contributor to the global EHR industry, whereas Asia-Pacific is expected to witness significant growth at a CAGR of 7.5% during the forecast period. The growth is driven by the increased healthcare expenditure, increasing investment for the development of better healthcare infrastructure and facility. Moreover, the rise in adoption of HCIT services in healthcare is another factor driving the growth of the market in the region.

The key players of the EHR industry are maintaining their competency through the launching of new products. For example, in March 2018, Allscripts Healthcare Solutions, Inc. unveiled Avenel, the company’s new electronic health record (EHR). Mobile-first and cloud-based, Avenel creates a community-wide shared patient record, uses machine learning to reduce time for clinical documentation and is designed to work like an app instead of traditional software.

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Some of the key players operating in the global EHR market include McKesson Corporation, Cerner Corporation, Epic Systems Corporation, NextGen Healthcare Information Systems, LLC, GE Healthcare, Greenway Health, LLC, eClinicalWorks, Athena health Inc., Quality Systems Inc., Medical Information Technology Inc., Computer Programs & Systems Inc.

Global EHR Market Coverage

Product Insight and Forecast 2014-2024

Solutions

Integrated Solutions

Standalone Solutions

Services

Support and Maintenence

Implementation

Network Services

Training and Education

Mode of Delivery Insight and Forecast 2014-2024

Web based/Cloud based

Client based server

End User Insight and Forecast 2014-2024

Hospitals

Ambulatory Care

Pharmacies

Others

Geographical Segmentation

EHR Market by Region

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

Italy

Spain

Rest of Europe

Asia-Pacific

Japan

China

India

Australia

Rest of Asia-Pacific

Rest of the World (RoW)

Brazil

Saudi Arabia

U.A.E

South Africa

Other Countries

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Global Protein Expression Market Size of USD 1.9 billion in 2018.

The global protein expression market was registered at USD 1.9 billion in 2018 and is estimated to reach USD 3.7 billion by 2024. The market is led by the increasing funds from government and non-government organization for protein research, the soaring prevalence of chronic diseases, rising life science industry. The use of microfluidic devices in profiling protein expression provides an opportunity for the growth of the market. 

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Asia-Pacific protein expression industry is expected to witness considerable growth at a high CAGR of 14.1% during the forecast period. The growth is driven by the increasing life science funding, rise in the number of chronic diseases in the region. Also, the emerging economies of the region provide immense opportunities for key players to explore the untapped market.

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The market has witnessed the launch of product and services by manufacturers to increase their market share, for instance in June 2017, GenScript launched MonoRab, its new custom rabbit monoclonal antibody (mAb) service. The MonoRab technology uses hybridoma and early-stage monoclonal antibody sequencing for delivering custom rabbit mAbs with high specificity and affinity to address a range of applications. Some of the key players of the protein expression industry include New England Biolabs, Inc., Thermo Fisher Scientific Inc., QIAGEN N.V., Takara Bio Inc., Lonza Group Ltd., Merck KGaA, Promega Corporation, Genscript Biotech Corporation, Agilent Technologies Inc., and Bio-Rad Laboratories, Inc. 

Global Protein Expression Market Coverage

Product & Services Insight and Forecast 2014-2024

Expression vectors

Reagents

Competent cells

Instruments

Services

Systems Insight and Forecast 2014-2024

Prokaryotic expression systems

E. coli systems

Others

Yeast expression systems

Saccharomyces systems

K. Lactis systems

Pichia systems

Others

Mammalian cell expression systems

Chinese hamster ovary system

Others

Cell-free expression systems

Algal-based expression systems

Insect cell expression systems

Baculovirus systems

Others

Application Insight and Forecast 2014-2024

Therapeutics

Research

Industrial

End User Insight and Forecast 2014-2024

Academic research institutes

Contract research organizations

Pharmaceutical and biotechnology companies

Others

Geographical Segmentation

Protein Expression Market by Region

North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe

Asia-Pacific

China

Japan

India

Rest of Asia-Pacific

Rest of the World (RoW)

Brazil

Mexico

South Africa

Other countries

 

About VynZ Research

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Global Beauty Devices Market Size of USD 33.2 Billion in 2017.

The global beauty devices market was valued at USD 39.1 billion in 2018 and is expected to reach USD 107.2 billion by 2024. The factors contributing to the growth of the market include the rise in the prevalence of skin disorders, increasing rate of hormonal imbalance cases, an increase in the geriatric population, and growing awareness for beauty devices. The launch of at-home LED therapy devices is the latest trend observed in the market. 

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Hair loss condition is one the common skin condition that is associated to ageing population and hormonal imbalance. According to the American Hair Loss Association, Androgenetic Alopecia or common male pattern baldness (MPB) accounts for more than 95% of hair loss in men. Additionally, common causes for female baldness include ageing, hormonal imbalance leading to PCOS, medication and other illnesses. There has been growing awareness towards beauty devices in both the developed and developing economies that will drive the growth of the overall global beauty devices during the analysis period.

Salon and spas are the largest end-user category for beauty devices globally due to the increasing awareness among consumers and also increasing disposable income. The fastest growth in demand for beauty devices is witnessed for at home devices. The industry players are focused on the development of products that serves its consumers at the convenience of their home, without compromising the product’s efficacy.

North America accounted for the major share in the beauty devices market in 2018 as the players in the region are continuously developing technologically advanced products with high quality. Moreover, the purchasing power of the North American people is significantly higher as compared to other regions across the globe; therefore market players manufacture premium products for the demographic.

The Asia-Pacific beauty devices market is driven by the rising number of local players in the regional market, the large consumer base, and the increase in number of salon and spas. The demand for beauty devices in countries such as China, India, and Korea is high, due to the large consumer base. This also provides an opportunity for market players to expand their global presence and invest in these countries to increase their overall market share.

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Key players in the beauty devices market are investing in the development of at home and handheld devices, which is strengthening their position in the market. Also, the local players in Asia-Pacific are investing on the development of compact, cost-effective, and technologically advanced beauty devices for at home use.

Panasonic Corporation, L’Oreal SA, Photomedax Inc., Home Skinovations Ltd, The Proctor & Gamble Company, Koninklijke Philips N.V., Carol Cole Company, Lumenis Ltd., Syneron Medical, and TRIA Beauty, Inc are some of the key players operating in the beauty devices industry.

Global Beauty Devices Market Coverage

Type Insight and Forecast 2014-2024

Cleansing Devices

Hair Removal Devices

Skin Dermal Rollers

Acne Devices

Light/LED Therapy and Photo Rejuvenation Devices

Oxygen and Steamer Devices

Hair Growth Devices

Cellulite Reduction Devices

Others

End-User Insight and Forecast 2014-2024

Beauty Clinics

Spas and Salons

at Home

Others

Geographical Segmentation

Beauty Devices Market by Region

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

Italy

Spain

Russia

Poland

Netherlands

Rest of Europe

Asia-Pacific

Japan

China

India

Australia

South Korea

New Zealand

Singapore

Vietnam

Malaysia

Thailand

Rest of Asia-Pacific

Rest of the World (RoW)

Brazil

Saudi Arabia

U.A.E

South Africa

Other Countries

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Global Sleep Apnea Devices Market – Analysis and Forecast To 2024 | Koninklijke Philips, BMC Medical.

Sleep apnea is chronic and progressive health problem. There are numerous types of sleep apnea, although the most frequent type is obstructive sleep apnea. The global sleep apnea devices market is growing at significant rate due to escalating occurrence of sleep apnea and increasing lifestyle associated diseases. Different types of products contributed to the sleep apnea devices market size. The market has witnessed high demand for diagnostic devices over the last few years, due to mounting alertness about the harmful consequences of sleep disorder and mounting government and private organizations schemes regarding sleep disorder.

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The lack of patient compliance, long waiting period, penetrating cost related with products and complex referral pathways are the major challenges for the growth of sleep apnea devices market.

The diagnostic device manufacturers are expected to have enormous opportunities, as the governments in various countries are introducing initiatives associated with healthcare expenditure for sleep apnea. The survival of new entrants and small players is a challenge in the sleep apnea devices market due to high capital investment and stringent regulatory requirements for the approval process.

Asia-Pacific is observed to witness fastest growth in the market as the region comprise of largest population. In addition, escalating occurrence of sleep apnea and initiatives by government and private organizations to establish alertness regarding sleep disorder is also creating a positive impact on the sleep apnea devices industry growth in the region. 

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Key players in the sleep apnea devices market are investing in the development of innovative and advance products, which is strengthening their position in the market. In March 2018, Philips announced the opening of Southeast Asia’s first Sleep and Respiratory Education Center in Singapore, to provide free sleep and respiratory care training. Koninklijke Philips, BMC Medical, Fisher & Paykel Healthcare, Somnomed, Compumedics, Löwenstein Medical, Whole You, Resmed, Drive Devilbiss Healthcare, Braebon Medical are the key players offering sleep apnea devices products.

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Global Urology Surgical Instrument Market – Analysis and Forecast To 2024 | Stryker Corporation, Richard Wolf GmbH.

Urology surgical instrument is used for the treatment of conditions such as chronic kidney diseases, pelvic organ prolapse, benign prostatic hyperplasia, urinary incontinence, oncology, urinary stone, and others. The global urology surgical instrument market is growing at a significant rate, due to the mounting occurrence of kidney diseases and urinary tract infections and expanding investments, funds, and grants by government bodies.

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Mounting occurrence of kidney diseases and urinary tract infections, escalating occurrence of benign prostatic hyperplasia procedures, expanding the geriatric population, escalating hospital investments in surgical infrastructure are the primary growth drivers for urology surgical instrument market.

A mounting number of free-trade agreements, escalating healthcare expenditure and mounting inclination towards minimally invasive surgeries, expanding investments, funds, and grants by government bodies are also facilitating the growth for the urology surgical instrument market.

Asia-Pacific is observed to witness the fastest growth in the market, due to improving healthcare infrastructure. In addition, mounting acceptance of minimally invasive surgery, and expanding medical tourism are also creating a positive impact on the urology surgical instrument market growth in the region.

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Key players in the urology surgical instrument market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In October 2018, NeoTract, a subsidiary of Teleflex Incorporated present new clinical data on UroLift System for patients with benign prostatic hyperplasia at Annual Meeting of the American Urology Association in Toronto, Ontario. Olympus Corporation, Coloplast A/S, Medtronic PLC, Conmed Corporation, Karl Storz GmbH & Co. Kg, Teleflex Incorporated, Cook Medical Incorporated, Stryker Corporation, Richard Wolf GmbH, and Boston Scientific Corporation are the key players offering urology surgical instrument.

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Point of Care Molecular Diagnostics Market – Analysis and Forecast To 2024 | Biomérieux Sa, Roche Diagnostics.

Molecular diagnosis is detection of specific sequence of DNA or RNA that may be associated with the disease. Point of care molecular diagnostics help healthcare professionals in the detection of diseases through molecular technologies in point-of-care settings. The global point of care molecular diagnostics market is growing at a significant rate due to the intensifying occurrence of infectious diseases, and increasing focus on decentralized diagnostics. Different types of products and services contributed to the point of care molecular diagnostics market size. The market has witnessed a high demand for assays & kits over the last few years, due to the intensifying occurrence of infectious diseases.

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Mounting penetration of POC molecular diagnostic tests in China, Brazil, and India shifting trend from hospital testing to point of care testing, and increasing R&D activities in molecular diagnostic testing are also fueling the growth of the point of care molecular diagnostics market. Government bodies and private entities provide fund for the development of cost-effective solutions, to satisfy the increasing customer demand. Moreover, increasing demand for fast and portable tests is also driving the growth of the market.

Asia-Pacific is observed to witness the fastest growth in the market as the region comprises of largest population. In addition, increasing demand for influenza A/B tests and growing initiatives by market players are also creating a positive impact on the point of care molecular diagnostics industry growth in the region. 

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Major players in the industry are investing in the development of innovative and advanced products, which is strengthening their position in the market. For instance, in January 2017, Abbott received CE approval for Alinity System for blood and plasma screening. It is designed to screen blood and plasma faster and more efficiently within a smaller footprint. Abbott Laboratories, Danaher Corporation, Biomérieux Sa, Roche Diagnostics, Quidel, Meridian Bioscience, Mesa Biotech, Genepoc, DxNA, Atlas Genetics are some of the key players offering a point of care molecular diagnostics products.

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Ophthalmic Surgical Instrument Market – Analysis and Forecast To 2024 | Bausch & Lomb, Hoya, Iridex, Lumenis.

The incidence of eye disorders and vision loss is becoming a major public health problem. Ophthalmic surgical instrument are devices used for the surgery of an eye owing to treat the eye diseases. The global ophthalmic surgical instrument market is growing at significant rate due to increasing prevalence eye diseases due to growing geriatric population and technological improvement in ophthalmic surgical devices. The market has witnessed high demand for cataract surgery device over the last few years, due to the increasing prevalence of cataract and growing geriatric population.

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The high cost of ophthalmic surgical instrument, lack of awareness, low accessibility to eye care in low income economies and reimbursement cuts for ophthalmic surgical procedure are the major challenges for the growth of ophthalmic surgical instrument market. Lack of healthcare facilities and low awareness about eye disorders is leading to increase in visual impairment.

The key challenge for the new entrants is the survival in capital intensive and highly regulated ophthalmic surgical instrument market. The ophthalmic surgical instrument manufacturing companies are trying to develop inexpensive devices for in order to make eye treatment more affordable.

Asia-Pacific is observed to witness fastest growth in the market. As the region comprises of largest population and geriatric population is increasing rapidly among them. In addition, increasing healthcare expenditure and increasing awareness on advance ophthalmic surgical devices also creating a positive impact on the ophthalmic surgical instrument market growth in the region.

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Key players in the ophthalmic surgical instrument market are investing in the development of innovative and advance ophthalmic surgical products, which is strengthening their position in the market. In May 2017, Alcon launched multifocal toric IOL with multifocus optical design at American Society of Cataract and Refractive Surgery. Bausch & Lomb, Hoya, Iridex, Lumenis, Nidek, Topcon, Alcon, Carl Zeiss Meditec, Johnson & Johnson, Ellex Medical Lasers and Ziemer Ophthalmic Systems are the key players offering ophthalmic surgical devices.

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