Medical Market Intelligence

Tuesday, April 23, 2019

Bioinformatics Market Segmentation by Products, Application, Sector and Geography 2019-2027

Bioinformatics Market is anticipated to grow in the forecast period owing to driving factors such as rise in need for integrated data, growing demand for nucleic acid & protein sequencing due to reduction in sequencing cost, increase in application of proteomics & genomics, drug discovery & development and initiatives from government and private organization. Nevertheless, lack of skilled work force, common data formats and lack of user friendly tools at cheaper prices are projected to hamper the market growth during the forecast period.

Bioinformatics Market to 2027 - Global Analysis and Forecasts by Product (Knowledge Management Tools, Bioinformatics Platforms and Bio informative Services); Application (Genomics, Chemo informatics and Drug Design, Proteomics, Transcriptomics, Metabolomics, Others); Sector (Medical Biotechnology, Academics, Animal Biotechnology, Agricultural Biotechnology, Environmental Biotechnology, Forensic Biotechnology, Others)

The "Global Bioinformatics Market Analysis to 2027" is a specialized and in-depth study of the Healthcare IT industry with a special focus on the global market trend analysis. The report aims to provide an overview of Bioinformatics Market with detailed market segmentation by Products, Application, Sector and geography. The global Bioinformatics Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Bioinformatics Market players and offers key trends and opportunities in the market.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Bioinformatics Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Bioinformatics Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The reports cover key developments in the Bioinformatics Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Bioinformatics Market are anticipated to lucrative growth opportunities in the future with the rising demand for Bioinformatics Market in the global market. Below mentioned is the list of few companies engaged in the Bioinformatics Market.

The report also includes the profiles of key Bioinformatics Market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- Agilent Technologies, Inc
- Biomax Informatics Ag
- Broker Corporation
- Dassault Systems
- Eurofins Scientific
- Geneva Bioinformatics
- Illumine
- Perknelmer
- Qiagen
- Thermofisher Scientific

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Tuesday, April 16, 2019

How Medical Tourism is the driving factor of Mobile Cardiac Telemetry Systems Market

Medical tourism is one of the driving factor that is leading to the growth of the mobile cardiac telemetry systems. The medical tourism is rising in the North American and in Asia Pacific regions. Along with these region the Middle East region is focusing more for the rise in the medical tourism.

Cardiovascular diseases (CVDs) are the disorders of the heart and blood vessels and include cerebrovascular disease, coronary heart disease, rheumatic heart disease and other conditions. CVDs are the leading cause of death across the globe, it affects more people as compared to any other disease. According to the World Health Organization’s Fact sheet on cardiovascular diseases, in 2016, approximately 17.9 million people died from CVDs, which was 31.0% of all the global deaths. Among these approximately 85% were due to heart attack and stroke. Heart attacks and strokes are mainly caused due to fatty deposits that block the blood vessels that prevents blood from flowing to the heart or brain. Strokes are also caused due to bleeding from a blood vessel in the brain or from blood clots. Heart attacks and strokes are caused due to increased consumption of tobacco use, unhealthy diet and obesity, physical inactivity and rising alcohol consumption, hypertension, and diabetes.

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According to the European Cardiovascular Disease Statistics 2017, in Europe, every year cardiovascular disease (CVD) causes 3.9 million deaths and more than 1.8 million deaths in the European Union (EU). Furthermore, as per the American Heart Association (AHA) 2019 statistics, 121.5 million adults in the U.S. which is around half of the US adult population, suffers from cardiovascular disease.

Owing to the rising cases of cardiovascular diseases across various countries, the need and demand for the mobile cardiac telemetry systems for the treatment of the CVD is expected to increase in the coming years.

The emerging markets in the developing economies are expected to be the crucial factor offering better and lucrative growth opportunities for the major players to expand their business and geographic reach. Most of the market players focus on emerging market such as Asia Pacific due to an increase in the prevalence of heart diseases and increasing popularity of the advanced treatment in the region. In India, medical science has growing rapidly as well as big steps forward in past few decades. The total occlusion treatment has become popular that people from other countries are coming here to get themselves treated. The most possibly and compelling reason of this might be the excessively high expenses for health care causes in their own country. Due to existing rates of exchange and several other factors, heart diseases treatment in India becomes very cheap as compared to other foreign countries. In Japan, the number of foreign visitors increasing that will add to become an increasingly important part of the Japanese economy.

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Why Transplant Diagnostics in necessary? What are the latest innovations in Biotechnology Industry?

The rise in the chronic diseases that causes damages the functions heart, lung, liver, kidney and other

organs are leading to the increasing number of the organ transplantation. The organ transplantation surgeries are rising across the world. For instance, in Spain, approximately 5,260 transplant surgeries were performed, among which nearly 3,200 were kidney transplant and around 1,200 were liver transplant surgeries. The number of heart transplant surgeries were approximately 300 and lung were nearly 360. The public-private partnership in assistance with the transplant coordinators has enormously contributed to the improvement of the organ transplantation. The developing and developed countries have shown good numbers of the organ transplantation surgeries. For instance, developing countries like India and Singapore are emerging as medical tourism destination in the Asia Pacific region. The countries are growing in terms of offering better and advanced medical treatments.

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The emerging regions such as Asia Pacific and Middle East, Africa and Latin America are growing significantly in the biotechnology sectors. These regions are witnessing the growth of the start-up companies that helps in the production of the medical devices, diagnostic kits and others. The growing research and development activities in the biotechnology sectors are growing aggressively. The emerging nations currently seek assistance from the developed nations for the technologies and some procedures. However, the well established players are turning to the emerging nations for their expansions as these nations have enormous potentials to offers. The countries such as Australia, Canada, China, France, Germany, India, Japan, South Korea, UK and Spain have the bigger biotech hub. The countries are engaged into the aggressive research and developments for the application of the biotechnology and its sub sectors. Thus, owing to the above mentioned factors the emerging regions are likely to create growth opportunities for the transplant diagnostics market in the coming near future.

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