How will Rising Healthcare Expenditure Fuel Boom of Laboratory Filtration Industry in Asia-Pacific in Future?

One of the major factors propelling the demand for laboratory filtration technology across the world is the soaring utilization of laboratory filtration products in the food and beverage industry. Membrane filtration processes are bring increasingly incorporated in the food and beverage industry owing to their extremely high efficiency in clarification, fractionation, concentration, and purification methods. Due to the incorporation of these highly effective methods, the quality of the food items increases drastically.

The other major factor fuelling the growing demand for laboratory filtration techniques is the development of cost-effective, highly efficient, and technologically advanced filtration products. For instance, the membrane filters help in retaining particulate matter on the smooth membrane surfaces. In addition to this, the numerous types of syringe filters offered by Sartorius AG such as the Minisart syringes are used for removing particulate matter and microorganisms from gases, liquids, and air.

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Driven by the above-mentioned factors, the global laboratory filtration market, which generated revenue of $2.3 billion in 2017, is further expected to attain valuation of $3.5 billion by 2023. The market is also predicted to progress at a CAGR of 7.3% during the forecast period (2018–2023). Most of the filtration activities in laboratories are accomplished via a membrane that utilizes a physical barrier such as a filter or a membrane for separating the unwanted particles from a fluid.

Geographically, Asia-Pacific (APAC) is anticipated to record the fastest growth in the adoption of laboratory filtration technologies during the forecast period, owing to the rising incidence of chronic diseases, soaring production of pharmaceutical products, and improving healthcare infrastructure in the region. As per the World Bank, the total healthcare spending in South Asia in 2000 was recorded to be 3.9% of the region’s total gross domestic product (GDP) and this share increased to 4.4% by 2014. This is trend is expected to continue in future, thereby fuelling the growth of the laboratory filtration market in the region in future.

Therefore, it can be said without any hesitation that due to the increasing requirement of advanced filtration methods, products, and technologies in a plethora of industries such as food and beverage and pharmaceuticals and the surging healthcare expenditure in several countries, the demand for laboratory filtration technologies will observe tremendous growth in the coming years.

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Population Health Management Market to Register Growth due to Surging Geriatric Population

Owing to the growing prevalence of chronic and lifestyle-associated diseases and rising geriatric population, the demand for personalized medicine is growing as well. Personalized medicine services separate patients into groups and cater to their needs accordingly. With the improved healthcare analytics capabilities and growing understanding of genes, healthcare providers are able to understand the impact of pathogens, possible health outcomes in individual patients, drug responses, and impact of diseases. Its is due to these advantages that the demand for personalized medicine, which, in turn, is driving the requirement for population health management solutions.

The global population health management market size is projected to advance at a substantial pace in the years to come. Population health management aids healthcare organizations in improving healthcare outcomes of a group of patients. The focus is towards a geographic area, a specific medical setting’s patient population, a specific disease, or any other unifying characteristic. This approach makes use of data for uncovering gaps in care, thereby enabling medical settings for developing plans to close the gaps and enhancing health outcomes. The aim of these solutions is to enhance and protect community health via health education, public policy, and injury prevention.

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The surging geriatric population is among the major reasons for the growth of the population health management market. Because of low immunity levels, the aged population requires extensive care. Furthermore, a large number of people aged 60 years and above often suffer from chronic disease, which is why they need to visit hospitals frequently for managing their conditions. Ascribed to these factors, the demand for population health management services is increasing swiftly. Personalized medicine aids in providing better and effective medical care for aged people.

When geography is taken into consideration, North America was the largest use of population health management services and solutions in the past. This can be attributed to the increased healthcare expenditure, surging prevalence of chronic diseases, developed healthcare infrastructure, and favorable government regulations. In the U.S., the demand for these solutions is rising because of the Patient Protection and Affordable Care Act. Other than this, the demand for population health management services is projected to rise in the Asia-Pacific region, owing to the improving healthcare infrastructure and surging geriatric population.

Hence, the demand for personalized medicine is resulting in the rising need for population health management solutions.

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Blood Plasma Product Market Growing due to Increasing Geriatric Population in APAC

The prevalence of bleeding disorders is growing rapidly. Tale for instance the report by World Federation of Hemophilia, which stated that about 304,362 people across the globe are affected by different bleeding disorders, including von Willebrand disease and hemophilia. A bleeding disorder affects the way blood normally clots in human body. The clotting process, which is also known as coagulation, changed blood to a solid state from liquid. The process can be normally witnessed after an injury when the blood start clotting in order to prevent heavy loss of blood. However, some conditions prevent this clotting of blood and can lead to massive or prolonged bleeding.

Bleeding disorders can result in abnormal bleeding both inside and outside the body and can increase the amount of blood leaving the body drastically. Owing to this growing prevalence of bleeding disorders, the global blood plasma product market is projected to advance at a significant pace in the years to come. The fluid part of blood that makes up the bulk of its volume is referred to as plasma. It contains clotting factor proteins that helps in controlling bleeding. These proteins work along with platelets to ensure that blood is clotted effectively. 

Geographically, North America has been the largest blood plasma product market in the past, followed by Europe. The region has been a major domain for blood plasma fractionation, collection, and product formation. Other than this, the demand for blood plasma products is also predicted to increase substantially in the Asia-Pacific region as well. This can be attributed to the growing prevalence of blood disorders and surging geriatric population in the region. 

Report Coverage

·        Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis

·         Identifies the key drivers of growth and challenges of the key industry players. Also, assesses the future impact of the propellants and restraints on the market

·         Porter analysis identifies competitive forces within the market

·         Provides information on the historical and current market size and the future potential of the market

·         Provides sizes of key regional markets using yardsticks of segments

·         Highlights the competitive scenario of the market and major competitors

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Medical Waste Management Needed for Curbing Environmental Contamination

As the number of patients is increasing, along with the growth of the healthcare and pharmaceutical industries, the volume of medical waste is surging as well all across the globe. In developing countries specifically, the volume of medical waste, such as photochemical, cytostatic, infectious, & pathological waste, biological safety cabinets, old X-ray films, chemicals, solvents, old medicines, and slides/paraffin blocks, is extremely high. Moreover, the regulations regarding disposing these wastes are quite strict and state and local regulations comply with labelling, containment, storage, transportation, and treatment of medical waste in a proper manner.

Owing to these factors, the demand for advanced medical waste management technologies is growing swiftly. Poor waste management, when it comes to medical waste, can put staff and employee care at risk and can further affect their patients, families, and neighboring population. Of not managed properly, medical waste can also cause environmental contamination. As per a report by P&S Intelligence, the global medical waste management market is expected to register substantial growth in the near future because of the above mentioned factors.

Medical waste is of two types, namely hazardous and non-hazardous, between which, the demand for medical waste management was higher for non-hazardous waste in the past. Medical waste can be treated chemically, by incineration, and autoclaving. Out of these, the demand for incineration treatment types was the highest in the past, which can be accounted to the fact that this method of medical waste treatment in easy and cost-efficient. Services that are included under medical waste management offerings are treatment & disposal, collection, recycling, and transportation & disposal. When geography is taken into consideration, North America made the most use of medical waste management services and solutions in the past.

In conclusion, the demand for medical waste management technologies is increasing because of the need for proper disposal of surging waste volume from healthcare and pharmaceutical industries. 

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What are Key Factors Responsible for Rapid Progress of Global Regenerative Medicine Market?

The increasing incidence of genetic disorders and chronic diseases is one of the biggest factors responsible for the burgeoning sales of regenerative medicine throughout the globe. The rising adoption of sedentary lifestyles and unhealthy dietary habits of the people all around the world are the main reasons causing the high prevalence of chronic diseases across the world. According to the World Health Organization (WHO), almost 17.9 million deaths are recorded every year because of cardiovascular diseases. Moreover, the cardiovascular diseases account for nearly 31% of the total deaths occurring across the world every year.

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The other major factors propelling the demand for regenerative medicine are the soaring investments being made by the governments of many countries in research and development activities in the domain of regenerative medicine, surging number of regenerative medicine companies throughout the world, and rapid technological developments in tissue engineering areas and stem cell research. Due to these factors, the global regenerative medicine market is expected to exhibit huge expansion over the coming years.

Across the globe, the regenerative medicine market is predicted to record the fastest growth in the Asia-Pacific (APAC) region in the upcoming years. This is mainly credited to the improving healthcare facilities and infrastructure in the region and the subsequent rise in stem cell research in the developing nations of APAC. For instance, the Chinese government has recently approved R&D activities pertaining to the human embryonic stem cells, which has in turn, encouraged more research on the clinical potential of the stem cells in the country.

Hence, it can be concluded that the sales of regenerative medicines will surge all over the world in the years to come, due to the rising prevalence of genetic disorders and chronic diseases, soaring geriatric population, and rapid technological advancements in stem cell therapy.

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How is Rising Prevalence of Kidney Diseases Driving Apheresis Market?

The prevalence of kidney diseases across the globe has been increasing at a rapid pace. Some of the major risk factors for kidney diseases are human immunodeficiency virus, malaria, diarrhoeal diseases, low birth weight, and preterm birth. As per the World Health Organization, about 1.2 million people died due to kidney failure in 2015. Furthermore, an estimated number of 5–10 million people die each year because of kidney failure around the world. Chronic kidney diseases result in hospitalization, poor life quality, and cognitive dysfunction. Since apheresis therapies are utilized for the treatment of kidney diseases, their demand has been increasing swiftly.

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Under the apheresis procedure, whole blood from a patient or donor is removed, which is then separated into individual components in order to remove one particular component. The remaining components are later re-introduced into the bloodstream of the donor or patient. This medical procedure is also utilized for collecting donor blood components, including plasma or platelets, along with treating diseases, such as kidney diseases. Owing to these factors, the global apheresis market is expected to advance at a significant pace in the years to come.

Geographically, North America has been the major user of apheresis systems up till now, which is because of the increasing number of cancer cases, renal & liver failure, and heart diseases. For example, as per a 2018 study by the Centers for Disease Control and Prevention, owing to sedentary life, over 647,000 people die in the U.S. each year. Other than this, the demand for apheresis is expected to increase significantly in Asia-Pacific, thereby making it the fastest-growing apheresis market in the coming years. This is owing to technological advancements and rising health concerns in the region.

In conclusion, the demand for apheresis systems is growing due to the surging number of kidney diseases across the globe.

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What are Main Factors Causing Growth of Global Health Information Technology (IT) Security Market?

The increasing prevalence of healthcare data breaches and advanced cyber attacks is one of the major factors boosting the adoption of information technology security solutions in the healthcare industry. Moreover, there has been a surge in the utilization of interconnected medical devices over the last few years and this has significantly pushed the adoption of health IT security services and solutions as they play a major role in ensuring the safety of the health data and information imparted to the medical practitioners and patients from various smart devices.

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The other major factor fuelling the rise in the demand for health IT security solutions is the surging usage of mobile devices, on account of the rising implementation of the bring your own device (BYOD) policy in various healthcare settings. Due to these factors, the valuation of the global health information technology (IT) security market is expected to rise substantially over the coming years. The market is predicted to register considerable growth in the forthcoming years.

Globally, North America observed the highest adoption of health IT security solutions in the past. This is primarily attributed to the high prevalence of data breaches and the presence of strict policies and regulations regarding data privacy in the region. However, the health IT security market is predicted to register the fastest growth in the Asia-Pacific (APAC) region in the years to come, on account of the rising awareness about IT security and soaring usage of connected medical instruments in the region. 

Thus, it can be said without any hesitation that the demand for health IT security solutions will escalate considerably in the forthcoming years, mainly because of the increasing incidence of health data breaches and cyber attacks in the healthcare industry and the increasing utilization of interconnected medical devices all over the globe.

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Why is Smart Home Healthcare Market Expected to Register Rapid Expansion in Asia-Pacific in Future?

The increasing demand for personalized healthcare solutions is one of the main factors driving the progress of the smart home healthcare market. The various smart home healthcare technologies such as mobile health (mHealth) and internet of things (IoT)-based monitoring and tracking systems help tremendously in providing diagnosis and treatment and care services to the patients, while they are at home. Moreover, these advanced healthcare solutions enhance the communication between the medical practitioners and the patients. Furthermore, an integrated sensor network improves the quality of healthcare by allowing clinical decision making and providing computerized patient safety practices.

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The increasing need for reducing the costs of medical treatment is another crucial factor boosting the growth of the smart home healthcare market across the globe. The adoption of IoT in healthcare solutions is not only enhancing the quality of patient care and treatment but also reducing the treatment costs by allowing the provision of personalized healthcare solutions at home. Moreover, these healthcare systems play a major role in improving the overall disease management.

Geographically, the smart home healthcare market is expected to register the fastest growth in Asia-Pacific (APAC) during the forecast period. This is attributed to the soaring geriatric population and the rising awareness amongst the people in the region about the advanced and innovative applications of smart home-based wireless sensors. In addition to this, the increasing number of patients and the surging life expectancy of people are predicted to generate huge investments in healthcare information technology (IT) solutions, which will in turn, propel the growth of the smart home healthcare market in the region in future.

Hence, it can be concluded that the adoption of smart home healthcare solutions will escalate all over the world in the years ahead, mainly because of the increasing integration of advanced technologies such as IoT in the healthcare industry and the burgeoning demand for personalized healthcare solutions across the world.

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How is COVID-19 Situation Affecting Process Analytical Technology Market?

Due to the growing population, which is susceptible to a wide array of diseases, the pharmaceutical industry has been growing steadily over the last decade or so. For instance, as per McKinsey, compared to the 9% CAGR the Indian pharma sector displayed in 2000–2005, it has been growing at an almost 14% CAGR since the last five years. The growth in developed nations has also been rather consistent, owing to the increasing disposable income of people, which is leading to high medical drug sales. Moreover, since drugs can have serious side-effects, the production process is constantly monitored and controlled.

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This is the primary reason for the expansion of the process analytical technology (PAT) market, as it is via this methodology that the manufacturing process of pharmaceuticals is tracked. During the process, several key performance parameters (KPP), which are essentially the factors that can affect the drug production process, are tracked, so the key quality attributes (KQA), which are basically the drugs’ desirable properties, are maintained. The major reason behind the surging adoption of PAT is the increasing investments in pharmaceutical research and development (R&D).

Currently, the world’s biggest problem is the COVID-19 pandemic, which, since beginning in December 2019, has claimed more than 320,000 victims around the world, as of May 19, 2020. The biggest problem with the disease is that since it is caused by a virus, it has no cure! Therefore, the whole world is currently hell bent on finding a suitable therapy, which is why a number of drugs are being tested and many more discovered. With more companies entering the race to find an effective antiviral, the use of PAT is bound to mushroom quickly in the immediate future.

Presently, North America is the largest contributor to the process analytical technology market, on account of its advanced healthcare infrastructure, presence of a large number of PAT solution providers, and stringent Food and Drug Administration (FDA) guidelines and regulations. Moreover, the continent has been the worst affected by the coronavirus pandemic, with the U.S. alone reporting over 1.5 million cases and more than 91,000 deaths, as of May 19, 2020. This is why the drug development and testing activities are rising at a rapid rate in the continent.

Thus, as the number of pharma companies rises, to cater to the growing demand for medication, the usage of PAT will increase too.

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What are Major Factors Causing Boom of Global Organ Preservation Market?

The increasing number of surgical implantation and transplantation procedures and rising prevalence of liver and kidney failure cases are some of the major factors fuelling the surging need for cryopreserved organs all over the world. For instance, as per the United Network for Organ Sharing (UNOS), the number of living donor transplants increased from 6,992 to 7,397 from 2004 to 2019. Furthermore, there has been a sharp increase in organ transplants over the last 15 years, as per an article published in the Nephrology News and Issues Portal.

Powered by the above-mentioned factors, the global organ preservation market size is predicted to register huge progress in the forthcoming years. Organ preservation can be, basically, defined as a process by which the organ is preserved by keeping it in a place having controlled environmental conditions. According to the current scenarios, kidney, pancreas, and liver can be preserved for upto two days by infusing them in the University of Wisconsin (UW) organ preservation solution and then storing them at a temperature range of 0—5°C.

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Geographically, North America is currently observing the highest rate of organ preservation. This is mainly credited to the presence of a large number of well-established organ preservation facilities in the region. For instance, there were 312 organ transplant facilities in North America by the end of 2016. Furthermore, 19,355 patients underwent successful kidney transplant procedures in the various facilities in North America during 2016. However, the organ preservation market is expected to register the fastest growth in the Asia-Pacific (APAC) region in the years to come.

Therefore, it can be said with certainty that the demand for organ preservation procedures will shoot-up across the world over the coming years, mainly because of the increasing incidence of liver and kidney failure cases and surging number of surgical implantation and transplantation procedures throughout the world.

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How are Rising Government Initiatives Driving Growth of Global Electronic Health Record Market?

The soaring number of government initiatives in many countries, aimed at promoting the adoption of electronic health records (EHR) in hospitals and clinics, is one of the biggest factors fuelling the adoption of this technology across the world. For instance, the Health Information Technology for Economic and Clinical Health (HITECH) Act was enacted by the U.S. government in 2009 in order to promote the incorporation of EHR systems in the healthcare settings, such as hospitals and clinics, and consequently enhance and modernize the country’s healthcare system.

Driven by the above-mentioned factors, the valuation of the global electronic health record market size is expected to increase from $22.3 billion in 2017 to $30.4 billion by 2023. The market is predicted to progress at a CAGR of 5.4% during the forecast period (2018–2023). EHR systems are widely adopted in ambulatory care centers, inpatient facilities, and physician offices. Amongst these, ambulatory care centers are expected to observe the fastest growth in the adoption of EHR systems during the forecast period, mainly due to the rising number of such medical establishments across the globe.

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Globally, Asia-Pacific (APAC), owing to the surging geriatric population and increasing incidence of chronic diseases, is expected to observe the fastest growth in the usage of EHR systems in the years to come. As per the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), in 2016, around 12.4% of the total population of the region was aged 60 years or above. In addition to this, the surging government initiatives in the several APAC countries aimed at improving the healthcare infrastructure are expected to further fuel the growth of the EHR market in the region.

Market Segmentation by Delivery Mode

·         Web-based/cloud-based server

·         On-premise

Market Segmentation by Component

·         Practice management

·         Patient management

·         E-prescribing

·         Referral management

·         Population health management

Market Segmentation by End User

·         Inpatient

o    Acute care

o    Long term care

o    Post-acute care

·         Ambulatory care

·         Physician offices

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How is Rising Usage of mHealth Driving Medication Adherence Market?

The wireless technology, especially mobile phones, are increasingly being utilized across the globe. The rising usage of mobile phones has made life easier on a lot of fronts. Communication has become easier, and now with the smart phones, people can almost do everything they can do with their computers via smartphones. In 2020, about 3.5 billion people are using smartphones, which is about 45% of the world’s population owing a smartphone. In addition to this, the total number of people across the globe who own a smart and feature phone is 4.78 billion, which is approximately 61% of the world’s population.

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These days mobile phones, and other devices including personal digital assistances and patient monitoring devices, are also being utilized for medical and public health practices, which is also called mHealth. As per the United Nations Food and Drug Administration, about 500 million people around the world were utilizing personal healthcare applications in 2015, which was projected to grow to over 1 billion in 2018. A major application of mHealth is medication adherence, which is the degree to which the person’s behavior corresponds to the agreed recommendations from healthcare providers. Poor adherence to the prescribed regimens can lead to serious healthcare consequences. Attributed to this, the medication adherence market size is projected to witness significant growth in the coming years.

Medication adherence products are both software and hardware centric. In the past, software centric medication adherence products, including mobile apps, various web portals, and could based application, were more in demand in the past. However, the demand for hardware centric medication adherence products, including devices and packaging, are expected to advance considerably in the coming years. The reason for this is the growing focus of companies in the medication adherence market on launching hardware centric products including HealthAssist Watch by Adherence Solutions LLC, and Smart Wireless Pill Bottles by AdhereTech Inc.

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Hence, the demand for medical adherence is growing due to the rising penetration of mobile devices.

This study covers

• Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
• Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders
• Major players operating in the market and their service offerings
• Recent strategic developments by the major players in the market

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How is Surging Population Driving Agricultural Biotechnology Market?

The world’s population has grown constantly since the age of human beings began; for example, in 1800 the population across the globe was under 1 billion, which has now, almost dramatically, risen to 7.7 billion. With this surging population, the need for enhancing the productivity of everything, for catering to the requirements of the people, has increased as well. This includes the productivity in agricultural fields, of course. In the old days, the only concern of people was to somehow grow enough food for their survival, and while survival is the major concern today as well, the priorities of the human race seem to have shifted.

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Farming used to be the primary occupation in the past, but since the advent of industries and machines, the agricultural sector has somewhat been neglected. At the present time, however, there is a pressing need for increasing the agricultural productivity, which is why a number of technological advancements have occurred in the agricultural sector. One of such developments is the emergence of agricultural biotechnology, which involves the utilization of science for modifying animals and plants. This is done to breed out undesirable characteristics, such as low productivity and susceptibility to diseases. Furthermore, any beneficial traits can be bred in by making use of a gene which contains the specific characteristic.

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Agricultural biotechnology helps in enhancing agricultural productivity and animal feeds, for increasing their nutrient intake and reducing environmental waste. Attributed to such positive aspects, the agricultural biotechnology market is expected to advance at a substantial rate in the coming years. The different technologies utilized in agricultural biotechnology are biochips, genome editing tools, synthetic biology, deoxyribonucleic acid (DNA) sequencing, and ribonucleic acid interference (RNAi). Out of these, genomic editing tools are used the most, primarily in agricultural research.

Hence, agricultural biotechnology is increasingly being adopted for increasing the agricultural productivity

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How are Awareness Campaigns Driving Disposable Plastic Blood Bag Market?

Heart diseases kill 17.9 people each year, while 9.6 million die of cancer, says the World Health Organization (WHO). With these, the surgery and hospitalization rates are rapidly going up. One of the most basic things many such patients need is blood, which, being a highly critical and easily contaminable product, has to be kept in clean and sterile bags. Thus, with the growing incidence of chronic diseases and usage of blood at healthcare centers, the disposable plastic blood bag market size is expanding around the world. 

Disposable bags are indispensable for two main reasons: to stop blood of different groups mixing with each other, which can be deadly for the recipient, and to minimize the chances of blood-borne diseases, such as acquired immune deficiency syndrome (AIDS). Disposable bags are also used when collecting blood, and with the rate of blood donation going up, the demand for such containers is also surging. For instance, in the U.K., the number of donated units increased from 161,019 in 2015/16 to 159.264 in 2018/19, according to the National Health Service (NHS) data.

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Across the world, the largest disposable plastic blood bag market is North America, majorly on account of the rising number of patients suffering from blood disorders. For instance, the Leukemia and Lymphoma Society says that every three minutes, blood cancer is diagnosed in one person in the U.S. Further, according to the National Cancer Institute of the U.S., 61,780 cases of leukemia were detected in the country and 2019, and the disease resulted in 22,840 deaths.

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Hence, as the surgery and hospitalization rates increase and more people willingly donate blood, the demand for disposable plastic bags to store it will also rise.

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How is COVID-19 Pandemic Affecting Microbial Identification Market?

Infection is one of the most common causes of diseases, and several of these infections have proved a pestilence. In the current scenario, the COVID-19 epidemic is the world’s deadliest infection, killing over 340,000 people as of May 2020, since being detected in December 2019. Due to the rapidly increasing number cases and deaths, the adopted of microbial identification methods is increasing around the world, to ascertain whether someone has the virus or not, and if not, which other microbe could be causing the symptoms.

Apart from coronavirus, several other microbial infections have ran riot on the earth, including human immunodeficiency virus (HIV)/acquired immune deficiency syndrome (HIV/AIDS), measles, polio, Zika, cholera, tuberculosis, anthrax, leprosy, dengue fever, malaria, and bubonic plague. Due to the rising prevalence of many such pathogen-borne diseases, the microbial identification market is growing rapidly across the world. Several consumables, services, and instruments and software are required to efficiently establish the presence of microorganisms in a given sample. Among them, consumables are the most widely bought around the world, as reagents, kits, media, and plates are used in every individual test, so they deplete rather quickly.

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In the coming years, Asia-Pacific (APAC) would observe microbial identification market growth at the highest rate, on account of the rising incidence of infectious diseases here, primarily due to the booming population of the elderly. Due to their weakened immunological response, the geriatric population is more prone to infections, which also affect them more severely than other people. Similarly, the biotechnology and pharmaceutical sectors are also expanding in the region, which are also significant users of the various services, software, instruments, and consumables that make microbial identification possible.

Therefore, due to the rising menace of infections, presently COVID-19, as well as the expansion of the biotech, pharma, and food and beverage sectors, the adoption of microbial identification methods will keep rising.

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How is Surging Cases of COVID-19 Driving Cleanroom Consumables Market?

In the light of recent events, concerning the global healthcare crisis, the demand for new drugs all over the world is increasing day-by-day. COVID-19 has taken everyone by surprise, and even now no proper treatment is available for treating the disease. The virus has spread to every corner of the world, and millions of people have been affected by it. Medical professionals are making use of drugs that are available for other diseases to treat patients affected with COVID-19. However, continuous research & development activities are going on for developing a treatment for the novel diseases. 

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The drug development process, however, is highly critical in nature and needs to be performed under predetermined conditions in order to make sure that the medicines remain free of any kind of contamination. Because of this, pharmaceutical companies make use of cleanrooms for developing drugs. Closed spaces that are specifically designed for providing control over environmental conditions, so that no microbes or dust particle enter in, are referred to as cleanrooms. A number of devices and consumables are utilized inside cleanrooms, therefore, the growing use of cleanrooms is driving the demand for these products as well. 

The global cleanroom consumables market is expected to advance at a significant pace in the years to come. A number of consumables are utilized cleanrooms, namely cleaning products (including cleaning chemicals, cleanroom mops, cleanroom swabs, and buckets, wringers, & squeegees), apparel (including sleeves, coverall, bouffant, lab coat, shoe cover, boot cover, and lab coat), wipers (including wet and dry), stationery (including labels, paper, binders & clipboards, and notebooks & adhesive pads), adhesive mats, and gloves. Out of all these, the demand for gloves was the highest in the past and the situation is expected to remain the same in the coming years as well.

Geographically, North America is projected to emerge as a major cleanroom consumables market in the near future, which is owing to the growing pharmaceutical & biotechnology industry, technological advancements, and increasing investments in research & development in the region. 

In conclusion, the demand for cleanroom consumables is increasing due to the rising incidence of COVID-19 and surging prevalence of other diseases across the globe. 

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COVID-19 Impact Analysis on Infection Surveillance Solutions Market. Insights on Strategies of Key Players

The prevalence of hospital-acquired infections (HAI) has been growing rapidly, with HAIs becoming among the key cause of mortality and morbidity in hospitalized patients, as per the World Health Organization (WHO). These infections are caused primarily by bacteria. Strains of bacteria found in medical settings are more resistant to antibiotics those found outside the hospital, owing to the fact that antibiotics are utilized frequently in hospitals. According to the WHO, about 7 and 10 of every 100 patients ion developed and developing countries, respectively, who are hospitalized, acquire at least one HAI at any given time.

Attributed to this, the demand for infection surveillance at hospitals and other medical facilities is growing rapidly. Traditionally, the surveillance of HAIs was done by reviewing medical charts, ward rounds, and paper-based reports of microbiologic results. The analysis then was done by assembling hand-written data or entering the information into a computer database, manually. However, these methods are labor intensive, time-consuming, and quite inefficient for coping with the rising complexity of antibiotic resistance. Because of this, these methods are become obsolete and witnessing a shift to computer-based surveillance. Due to these factors, the global infection surveillance solutions market is predicted to advance at a considerable pace in the coming years.

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The infection surveillance technology providers offer both services and software, between which the larger demand is projected to be created for infection surveillance software in the years to come. A number of vendors are offering comprehensive and flexible infection surveillance software, which is being rapid adopted by healthcare facilities. Software can be customized for real-time and instant contact tracking tasks and effective organization surveillance. Both on-premises and web-based solutions are offered by vendors. Other than this, the demand for infection surveillance services, such as training & consulting, implementation, and product support & maintenance, is also expected to increase in the near future.

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Hence, the requirement for infection surveillance solutions is growing due to the rising prevalence of HAIs across the globe.

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What are the Major Factors Responsible for the Boom in Saudi Arabian Surgical Sutures Market?

Due to the soaring number of surgeries and burn cases in Saudi Arabia, the demand for surgical sutures is expected to rise considerably in the coming years. Since the last few years, the prevalence of chronic diseases and other health problems has increased dramatically, and this is resulting in a huge rise in the number of surgeries being performed in the country. The other major factors pushing the demand for surgical sutures in Saudi Arabia are the surging geriatric population and rising healthcare expenditure.

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The increasing geriatric population is boosting the occurrence rate of chronic diseases and ailments, which is, in turn fuelling the growth in the demand for surgical supplies. As per the data of the Saudi government, by 2040, of the total 40 million people in the kingdom, 25% would be 60 years old or older, and by 2050, the number of the elderly will rise to around 10 million. Moreover, the burgeoning number of hospitals and medical facilities in the country, on account of the soaring healthcare expenditure, is also contributing to the increasing adoption of surgical sutures.

Due to the above factors, the Saudi Arabian surgical sutures market size is expected to grow from $16.7 million in 2017 to $20.6 million in 2023 and demonstrate a CAGR of 3.6% during the forecast period (2018–2023). There are two types of surgical sutures available in the market, namely absorbable sutures and non-absorbable sutures, of which the absorbable ones recorded higher demand in 2017. This is mainly attributed to the fact that such products do not have to be removed from the body after surgery, as they are easily broken down by the body through hydrolysis.

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Therefore, due to the rising number of surgeries and burn cases and burgeoning number of hospitals and other medical facilities in Saudi Arabia, on account of the surging healthcare expenditure, the demand for surgical sutures is expected to increase significantly in the coming years.

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How is Rising Number of Aesthetic Surgical Procedures Driving Medical Lasers Market?

People across the globe are becoming increasingly conscious regarding their physical appearance, attributed to which the number of aesthetic surgical procedures has growing significantly in the past few years. According to the International Society of Aesthetic Plastic Surgery, 1,862,506 breast augmentation procedures were performed across the globe. In addition to this, as per the American Society of Plastic Surgeons, 17.7 million cosmetic procedures were performed in the U.S. in 2018, which was a growth of 2% from 2017. This growing number of aesthetic surgical procedures is creating increasing demand for medical lasers, as they are widely used during the surgical procedures.

 

Medical lasers are devices which make use of precisely focused light sources for treating or removing tissues. Laser stands for light amplification by stimulated emission of radiation. Ordinary light has many wavelengths and spread in all directions; laser light however has a specific wavelength, which is focused in a narrow beam and creates a very-high intensity light. Since lasers can focus on tiny areas accurately, they can be utilized for precise surgical work or for cutting tissues. If used properly, laser can allow the surgeons for accomplish more complex tasks, decrease postoperative discomfort, reduce blood loss, achieve better wound healing, and reduce the chance of wound infection.

Attributed to these factors, the global medical lasers market size is predicted to advance at a significant pace in the coming years. Different types of medical lasers are gas laser systems, solid-state laser systems, dye laser systems, and diode laser systems. Out of these, the solid-state laser systems were the most in demand in the past because of their large application base. Among the various types of solid-state laser systems, neodymium: yttrium—aluminium—garnet laser systems are extensively utilized for treating posterior capsular opacification, acute angle-closure glaucoma, peripheral iridotomy, and for surgical iridectomy.

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North America has been the largest use of medical lasers in the past, which is attributed to the rising number of cosmetic surgical procedures, high prevalence of chronic diseases and skin diseases, developed reimbursement policies, and presence of major companies in the region. Apart from this, the Asia-Pacific region is expected to emerge as the fastest growing medical lasers market in the near future, on account of increasing healthcare expenditure, rising awareness regarding technologically innovative laser treatments, and growing medical tourism in the region.

Hence, the demand for medical lasers in predicted to rise because of the increasing preference for minimally invasive surgeries and rising number of aesthetic surgeries.

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