Global eClinical Solutions Market – Analysis and Forecast To 2025 | eClinical Solutions, Inc., Bio-Optronics

From USD 5.7 billion in 2019, the global eClinical solutions market is predicted to grow to USD 13.4 billion by 2025, registering a CAGR of 14.0% during the forecast period (2020–2025). The market has witnessed huge demand for electronic data capture, and clinical data management system over the last few years, owing to the increasing demand for improved data standardization. Different types of solutions such as electronic data capture (EDC) and clinical data management system (CDMS), clinical trial management system (CTMS), clinical analytics platforms, and randomization and trial supply management are majorly contributing to the global eClinical solutions market size.

The key drivers driving the growth of the global eClinical solutions market are the increasing number of clinical trials, growing clinical trial outsourcing, rising implementation of software solution during clinical trials, budding demand for improved data standardization, expanding government grants to support clinical research, mounting demand for analyzing and tracking data and expanding research and development expenditure by pharma and biotech companies.

Around the globe, North America was the largest user of eClinical solutions in 2019, primarily due to a large number of industry players operating the North American market. Additionally, increasing demand for improved data standardization and increase in spends on research and development by pharmaceutical and biotechnology companies are also fueling the growth of the North American eClinical solutions market.

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Asia-Pacific market is predicted to witness fastest growth in the global eClinical solutions market during the forecast period (2020–2025). The major factors driving the growth of the market in the APAC region are huge population base, easy patient recruitment, and the existence of less strict regulatory standards. Additionally, growing government sponsoring to strengthen clinical trials, the less operational cost for clinical trials, increasing healthcare expenditure, increasing outsourcing of clinical trials, and growing number of pharmaceutical companies and CROs are also boosting the growth of the Asia-Pacific eClinical solutions industry.

Key market players in the global eClinical solutions industry are investing capital to develop technologically advanced systems. In February 2018, OmniComm Systems, Inc. acquired Algorics, to enhance its product portfolio in a clinical analytics solution.

The major players in the global eClinical solutions market are Oracle Corporation, PAREXEL International Corporation Medidata Solutions, Inc., DATATRAK International, Inc., eClinical Solutions, Inc., Bio-Optronics, Inc., ERT, MaxisIT Inc., and OmniComm Systems, Inc.

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India Isolation Beds Market – Industry Overview, Analysis and Forecast To 2025 | Malvestio S.P.A.

The Indian isolation beds market size in terms of volume is estimated to be 308,519.0 units in 2020 and is predicted to reach 403,929.0 units by 2025, growing at a CAGR 5.5% during 2020 – 2025. The major factors driving the growth of the market is the increase in the number of coronavirus patient in the country. According to a website www.covid19india.org, the number of confirmed cases in India was 23,421, active cases was 17,598, and the number of recovered patient from coronavirus was 5,095 in April 24, 2020.

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The sudden outbreak of coronavirus is the key factor driving the growth of the Indian isolation beds market. The drastic increase in the number of coronavirus patients is impacting every hospital in the country as a result to which demand for isolation beds in isolation wards are increasing rapidly. World Health Organization (WHO) has urged all the manufacturers of isolation beds globally to increase the production of these equipment on an immediate basis. According to a report by WHO in March 2020, the number of coronavirus patients exceeded to 200000 and in almost after twelve days the number would exceed by 100000.

Geographically, Maharashtra isolation beds market size in terms of volume is estimated to be largest in the Indian isolation beds market in 2020, due to the huge number of COVID-19 cases in the state. The demand for isolation beds has been exceeded by Maharashtra government in order to fight against coronavirus. The demand of isolation beds from this state is much higher as compared to other states in India. According to a website www.covid19india.org, the number of confirmed cases in Maharashtra was 6,427, active cases was 5,304, and the number of recovered patient from coronavirus was 840 in April 24, 2020.

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The key players operating in the Indian isolation beds market are Invacare Corporation, Joerns Healthcare, Arjo Huntleigh (Division of Gentige AB), LINET Group, Joh. Stiegelmeyer GmbH & Co. KG, Stryker Corporation, Hill Rom Inc., Paramount Bed Holdings Co., Ltd., Medline Industries, Gendron, Inc., Span-America Medical Systems, Inc., Savion Industries Ltd., Stiegelmeyer GmbH & Co. Kg, and Malvestio S.P.A.

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Global Isolation Beds Market – Company Covered, Analysis and Forecast To 2025 | LINET Group.

The global isolation beds market is growing at a CAGR of 7.0% during the forecast period (2020–2025). The primary driver impacting the growth of the global isolation beds market is the rapid surge in infectious diseases across the globe. In recent times, several countries have witnessed outbreak of viral diseases such as severely acquired respiratory syndrome (SARS), E-Bola, H1N1 virus, and COVID 19 (coronavirus). The death rate of COVID-19 appears to be higher in comparison to normal seasonal flu, and it differs with respect to location. For instance, at the epicenter (Hubei province, China) the death rate was 2.9%, whereas at other provinces it was 0.4%.

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The sudden outbreak of corona virus is the key factor driving the growth of global isolation beds market. The drastic changes occurring due to COVID-19 is impacting every individual globally as a result to which demand for isolation beds in isolation wards are increasing rapidly. World Health Organization (WHO) has urged all the manufacturers of isolation beds globally to increase the production of these equipment on an immediate basis. According to a report by WHO in March 2020, the number of coronavirus patients exceeded to 200000 and in almost after twelve days the number would exceed by 100000.

Around the globe, Europe was the largest revenue contributor in the isolation beds market in 2019, due to the huge number of COVID-19 cases in the region. The demand for isolation beds has been exceeded by European Union in order to fight coronavirus. The demand of isolation beds from this region is 10 times more as compared to that what is available in stock. According to a report published by European Union, approximately 1,563,857 cases of COVID-19 till first week of April and total deaths registered in the region have been reported as 95,044.

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The key players operating in the global isolation beds market are Invacare Corporation, Joerns Healthcare, Arjo Huntleigh (Division of Gentige AB), LINET Group, Joh. Stiegelmeyer GmbH & Co. KG, Stryker Corporation, Hill Rom Inc., Paramount Bed Holdings Co., Ltd., Medline Industries, Gendron, Inc., Span-America Medical Systems, Inc., Savion Industries Ltd., Stiegelmeyer GmbH & Co. Kg, and Malvestio S.P.A.

These players in the isolation beds market are emphasizing their efforts upon strategic acquisitions in order to strengthen capabilities of research & development that supports them in providing innovative solutions to the users and thus gain competitive advantage. For instance, in March 2020, Asset Homes announced to offer isolation beds to the Indian based hospitals, owing to the current situation of coronavirus outbreak. Previously, in June 2017, Savaria Corporation, acquired Span-America Medical Systems Inc., to increase its product portfolio in the U.S.

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Europe Isolation Beds Market – Industry Overview, Analysis and Forecast To 2025 | Malvestio S.P.A..

The European isolation beds market is growing at a CAGR of 5.0% in terms of volume during the forecast period (2020–2025). The key factors driving the industry is the sudden outbreak of COVID-19. The drastic changes occurring due to COVID-19 is impacting every hospital in the region as a result to which demand for isolation beds are increasing rapidly. The government has requested all the manufacturers of isolation beds in the region to increase the production of these beds. According to the European Centre for Disease Prevention and Control, as on 26th April 2020, the number of confirmed coronavirus cases was around 1,214,584 and confirmed deaths due to COVID-19 was around 119,306 in Europe.

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Rise in number of coronavirus cases in Europe is one of the major factors boosting the market growth. The market is predicted to show approximately 100% growth from the year 2019 to 2020. The growing rate of COVID-19 cases has generated a potential market for isolation beds across Europe.

Geographically, Spain isolation beds market size in terms of volume is estimated to grow at a significant rate in the European isolation beds market in 2020, owing to the significant rise in number of coronavirus positive cases across the country. The coronavirus affected critically ill patients require specialized ICU admissions to provide advanced care in order to minimize the infection. Therefore, a surge is observed in the demand for isolation beds across the country.

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The key players operating in the European isolation beds market are Invacare Corporation, Joerns Healthcare, Arjo Huntleigh (Division of Gentige AB), LINET Group, Joh. Stiegelmeyer GmbH & Co. KG, Stryker Corporation, Hill Rom Inc., Paramount Bed Holdings Co., Ltd., Medline Industries, Gendron, Inc., Span-America Medical Systems, Inc., Savion Industries Ltd., Stiegelmeyer GmbH & Co. Kg, and Malvestio S.P.A.

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Personal Protective Equipment (PPE) Market– Analysis and Forecast To 2025 | Alpha Pro Tech.

The global personal protective equipment market was valued at USD 52.7 billion in 2019 and is expected to reach USD 92.5 billion by 2025, growing at a CAGR of 8.7% during 2020-2025. The growth of this market is attributed towards the escalated need of respiratory equipment that is needed in mining, healthcare, emergency response, military enforcement and fire services. Moreover, rapid explosion of COVID-19 disease globally is escalating the demand for personal protective equipment globally this has led to shortage of supply of these products and manufacturers are emphasizing their efforts towards enhancing its supply at rapid pace.

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The sudden outbreak of coronavirus is the key factor driving the growth of the global personal protective equipment market in the current scenario. The drastic changes occurring due to COVID-19 is impacting every individual globally as a result to which demand for personal protective equipments are increasing rapidly. World Health Organization (WHO) has urged all the manufacturers of personal protective equipment globally to increase the production of these equipments on an immediate basis. According to WHO, as on 13 April 2020, the number of confirmed coronavirus cases was around 16,99,595 and confirmed deaths due to COVID-19 was around 1,06,138 globally.

Moreover, increase in the construction of infrastructure, growth in the mining due to rise in demand for natural resources and the escalation for the need of medicines leading to growth in the pharmaceutical industry are the key factors observed in the growth of the global personal protective equipment market. The increase in the construction of infrastructure is highly witnessed in the growing economies such as India, China, and Iran. The awareness of the infrastructure industry to provide with personal protective equipment to reduce the injury rate is further bolstering the growth of the global personal protective equipment market.

Geographically, Europe is the largest revenue contributor in the global personal protective equipment market due to the growth of the pandemic massively in the region. The demand for personal protective equipment has been exceeded by European Union in order to fight coronavirus. The demand of personal protective equipment from this region is 10 times more as compared to that what is available in stock. According to a report published by European Union, approximately 1,563,857 cases of COVID-19 till first week of April and total deaths registered in the region have been reported as 95,044.

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Key players operating in the global personal protective equipment market are emphasizing their efforts upon strategic acquisitions in order to strengthen capabilities of research & development that supports them in providing innovative solutions to the users and thus gain competitive advantage.

Some of the major players operating the global personal protective equipment market are  The 3M Company, Ansell Limited, Honeywell International Inc., Sioen Industries NV, Kimberly-Clark Corporation, E I DuPont de Nemours and Co., MSA Safety Inc., Lakeland Industries, Alpha Pro Tech, Ltd., Radians Inc., Delta Plus Group, Uvex Safety, Avon Rubber, and Metric AG.

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Global Surgical Robots Market – Fast Growth Industry, Analysis and Forecast To 2024 | Renishaw plc.

The global surgical robots market is expected to grow at a CAGR of 10.9% during the forecast period with its market size predicted to reach USD 10,146.3 million by 2024. The global surgical robots market is primarily driven by the technological advancements, advantages of surgical robots, increasing investment for the research and development, mounting occurrence of neurological and orthopedic disorders and increasing geriatric population. The Da Vinci Surgical System, Mako Surgical Arm, Mazor X are the key brands mostly adopted globally.

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Similarly patients benefit from better clinical outcomes, shorter hospital stays, precision in surgery, lesser pain, early discharge and shorter recovery time. The robotic surgery also causes smaller incision and therefore reduces the risk of getting infection post-surgery. Compared to conventional surgery robotic surgery leaves small incision and allows surgeon to operate in very tight spaces with precision using robotic arms.

Apart from the aforementioned factors the increasing prevalence of neurological disorders and increasing geriatric population is leading to the growth in the surgical robot market across the globe. For instance, according to the World Health Organization (WHO), globally in 2010 approximately 524 million people were aged 65 years and older and is expected to reach 1.5 billion in 2050.

The primary factor hindering the growth of the surgical robot market is their high cost. The high cost of these systems makes them unaffordable in smaller hospitals with limited budgets. Moreover, this is the primary reason hindering the market penetration in developing countries as these countries struggle to provide and basic healthcare to all its citizen and hence it is generally not feasible to install surgical robots especially in their public sector hospitals. The Renaissance Surgical System by Mazor Robotics is itself costs around USD 850,000 per unit; thus only the healthcare providers backed by private investors or large public hospitals are able to afford these systems.

Asia-Pacific lags behind North America and Europe in terms of the number of surgical robots installed in the region; however, by the end of the forecast period, the region will account for higher share in the global surgical robots market than Europe. The key factor leading to the significant growth in the Asia-Pacific, are the developing infrastructure, investment in healthcare sector, immergence in large number of private healthcare providers, and penetration by the number of the large global healthcare providers in the region.

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Some of the key players operating in the surgical robots industry are Intuitive Surgical Inc., Stryker Corporation, Mazor Robotics Inc., (Acquired by Medtronic plc), Medtech SA (Acquired by Zimmer Biomet), Accuray Incorporated, Smith & Nephew plc, Renishaw plc, Auris Health, Inc. (Acquired by Johnson & Johnson), Medrobotics Corporation, Varian Medical Systems, Stereotaxis, Inc., Titan Medical Inc., Think Surgical Inc., and TransEnterix, Inc.

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Global Hearing Aids Market – Fast Growth Industry, Analysis and Forecast To 2025 | MED-EL.

From USD 5.6 billion in 2019, the global hearing aids market is predicted to grow to USD 7.6 billion by 2030, registering a CAGR of 5.1% during the forecast period (2020–2025). Main growth factors for the global hearing aids market is growing prevalence of hearing loss due to increasing aged population, rising adoption of these devices, driven by technological advancements, and improving healthcare infrastructure across the globe.

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Furthermore, increasing geriatric population is one of the other factor boosting the growth of the global hearing aids market. For instance, according to the WHO by 2050, the world’s population aged 60 years and older is expected to total 2 billion, up from 900 million in 2015. Older people are getting more aware regarding the hearing products.

The primary factor hindering the growth of the global hearing aids market is their high cost and low awareness. High cost of these systems makes them unaffordable in underdeveloped economies and to the consumer with low disposable income. Moreover, the social stigmas associated with the use of the hearing aid are hampering the growth of the market to some extent.

Asia-Pacific hearing aids market is anticipated to witness the fastest growth during the forecast period (2020–2025). The key factor leading to the significant growth in the Asia-Pacific, is the large population base with hearing loss, developing infrastructure, investment in the healthcare sector, and penetration by the number of large global healthcare providers in the region.

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Different companies are investing in their research and development for the technological advancements of its systems which offers them a competitive edge over the competitors. Some of the key players operating in the global hearing aids market industry are Sonova Holding AG, Benson Hearing, GN Store Nord A/S, MED-EL, Starkey Hearing Technologies, William Demant Holding A/S, Widex USA, Inc., Medtronic plc, Zounds Hearing Inc., and Sivantos Group.

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