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Transcutaneous Monitors Market Global Analysis, Strong Development By Competitors and Forecasts to 2028

Global Transcutaneous Monitors Market: Overview

The global transcutaneous monitors market presents a large scope of opportunity and significant potential for investors during 2018-2028. Transcutaneous monitoring is expected to witness robust growth in the near future as chronic illnesses around the world are on the rise. These include the likes of cancers, wherein all forms of patient health is critical. Moreover, diseases like HIV, rising diagnostics for regular wellbeing, and growing emphasis worldwide on preventive healthcare rise. Transcutaneous monitoring is a highly accurate and innovative procedure. The method continues to attract new healthcare professionals as its non-invasive nature, and benefits like monitoring of ventilation and oxygenation is critical for terminally ill patients. The method is also used to monitor blood gases which emit from a patient’s skin. In the near future the transcutaneous monitors market also leaves ample scope for innovation. Among major areas of innovation, the size of these monitors, the inclusion of other monitoring services, and costs promise significant potential for new players in the transcutaneous monitors market.

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Global Transcutaneous Monitors Market: Notable Developments

In 2017, the US FDA approved a complete glucose monitoring system. The system relying on electrical signals to measure levels of glucose in the body is a major positive for the transcutaneous monitors market. It can recognize glucose levels in critically ill patients and can be a boon for the aging population globally. The system also removes the necessity to collect blood samples which was significantly challenging for diabetics patients. Instead it uses a sensor wire in the skin’s surface to determine glucose levels. This is likely to result in a major boost for the transcutaneous monitors market. 

Nerve pain remains a global concern as psychological understanding of the nervous system continues to provide new insights into healing pain. Additionally, technologies like brain imaging coupled with 3D imaging, and new non-invasive mechanisms are expected to further understanding in relation to pain. Back-pain and other forms of psychological pain continues to hinder the progress of many patients. However, new transcutaneous machine promise to aid this age-old challenge in a new manner. New advancements in the transcutaneous monitors market promise to ease muscle pains with introduction of electrical signals to the nervous system. These machines promise to free patients from drugs, and provide a non-invasive mechanisms to deal with complex physiological and psychological challenges. Such machines are already making their way in the transcutaneous monitors market and are expected to drive significant growth in the near future.

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Global Transcutaneous Monitors Market: Drivers and Restraints

The global transcutaneous monitors market is expected to register robust growth in the near future. The rising demand for critical monitoring, rising cases of diabetes, and chronic illnesses are expected to drive major growth for the market. Additionally, rising awareness among patients about critical illnesses, regular checkups, and advancements in wearable technology is also expected to make headways in the near future. Current wearable technology promises to build better bridges between healthcare professionals and institutes like hospitals in the near future. The significantly smaller costs of these devices allow individuals to purchase them and in turn provide more access to healthcare for patients.

Global Transcutaneous Monitors Market: Geographical Analysis

The global transcutaneous monitors market is expected to witness robust growth in North America region. The region is home to a large population of diabetic patients. Additionally, sugary foods, rising obesity, and innovative solutions are expected to drive significant growth for the transcutaneous monitors market.  On the other hand, Asia Pacific region is also expected to witness significant growth in the near future. Large population, rising income, and reducing costs due to portable technology are also expected to drive growth of the transcutaneous monitors market in the region.

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Revenue Cycle Management (RCM) Market Plying for Significant Growth During 2025

Global Revenue Cycle Management (RCM) Market: Snapshot

Revenue cycle management is seeing rising uptake in healthcare centers in the US and in other countries across the world as well. It is leveraged to track the revenue from their patients by managing claims processing, payment and revenue generation. A medical billing software or practice management software is needed for it and the overall process includes determining everything from eligibility of patients, collecting their co-pay, coding and tracking claims, collecting payments, and following up on denied claims.

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Health systems and hospitals are increasingly banking upon revenue cycle management software solutions to reduce operational costs. They leverage it to bring down the number of denied insurance claims, speed up explanation of benefits, improve information quality, streamline denial management, and automate processes.

Optimizing revenue cycle has become increasingly necessary for in manual processes if one person in the chain makes any mistake in the form of coding error or incorrect entry of data pertaining to insurance information and patient demographics, among others, the overall chain is affected, thereby bringing down efficiency.

Majorly fuelling adoption of revenue cycle management is the lessening number of reimbursements in the healthcare industry, government efforts to promote uptake of RCM solutions, revenue loss due to errors in billing, and process improvements in healthcare organizations.

At present, the claim and denial management functionality under revenue cycle management is most sought after and going forward too will be popular on account of the dynamic reimbursement structure, in addition to the growing occurrence of claim denials.

Overall, the revenue cycle management is of two types – integrated and standalone solutions. Competition in the market is stiff at present as players are pulling out all stops to utilize every opportunity in the nascent market.

Global Revenue Cycle Management (RCM) Market: Overview

Revenue cycle management solutions can be very beneficial to business and healthcare organizations across the world. Revenue cycle management implies the refinement of a billing process. To do so, the revenue cycle management can make use of an organization’s medical billing software. This can be very valuable in larger healthcare organizations, where they can be used to track patient care and statuses between a patient, their registration, and their appointment at the healthcare organization. An RCM can also manage a patient’s billing and final payment of balance.

According to the Healthcare Financial Management Association, a standard revenue cycle comprises all admin related functions as well as clinical functions, each of which contribute to the gathering, storage, and use of management oriented data and service revenue. A revenue cycle may therefore include registration, preregistration, coding, claims submissions, charge capture, remittance processing, and third-party follow-up.

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Global Revenue Cycle Management (RCM) Market: Key Trends

One of the key drivers currently augmenting the global revenue cycle management market is the growing demand by healthcare organizations for workflow optimization. The overall workload experienced by the average healthcare organization has been growing at a considerable rate over the past years, and is likely to continue rising over the coming years. Hospitals and other institutions are therefore looking towards revenue cycle management solutions providers for ways to streamline their processes and help maintain accurate medical and financial records.

The global revenue cycle management market is also likely to continue being supplemented in growth rate through the introduction of regulatory reforms in regional healthcare industries, which will make the management of resources a more complex process. This is expected to create a heavy demand for revenue cycle management over the coming years.

Global Revenue Cycle Management (RCM) Market: Market Potential

Multiple providers of healthcare, especially from developed economies, are looking to strike a balance between the traditional management models as well as the newer, value-addition models. Their adoption rates of revenue cycle management for various purposes reflects on the overall need for the market’s players over the foreseeable future. One such example is the contract recently formed between LabPharm Hospital Management Services from Atlanta and Change Healthcare. The latter will be handling a highly detailed structure of revenue cycle management services that will fall in line with a national hospital network as well as with independent labs in the U.S.

The New York City Health and Hospitals Corporation has also become a part of the global revenue cycle management market by announcing its implementations of Epic revenue cycle management services for healthcare. The move was made to augment patient revenue earned by the health system by an added 5 percent. The NYCHHC is one of the largest public health systems in the U.S. and has taken up the Epic revenue cycle management services nearly one year after the EPIC EHR implementation projects.

Global Revenue Cycle Management (RCM) Market: Regional Outlook

The highly advanced healthcare industry of North America has made it easier for players from the global revenue cycle management market to set up shop here, making this region the leader in the market over the recent past. The market is likely to continue being dominated by North America over the coming years for similar reasons as well as an incremental workload on national healthcare organizations. Physician’s offices have shown the higher volume of implementation of revenue cycle management so far.

Global Revenue Cycle Management (RCM) Market: Competitive Analysis

The nature of competition between players from the global revenue cycle management market is expected to grow aggressive over the coming years. The scope of opportunities are very high currently and are expected to rise over the coming years, not just in developed economies, but emerging ones as well. The current leaders in the global revenue cycle management market include Cerner Corporation, Allscripts, The SSI Group, LLC, McKesson Corporation, NextGen Healthcare Information Solution LLC, Epic Systems Corporation, and CareCloud Corporation.

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Rabies Treatment Market to be at Forefront by 2025

Global Rabies Treatment Market: Snapshot

Earlier, widespread culling of animals was embarked upon to stamp out rabies – a fatal disease caused by rabies virus transmitted from animals to humans. Domestic dogs are mainly the carriers of the virus and over 95.0% of human deaths result from dog-mediated rabies, states WHO. It also finds that Asia and Africa account for almost 95.0% of the tens of thousands of rabies deaths occurring annually.

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However, studies eventually revealed that culling is not very effective and a more desirable solution is the mass vaccination to stem the occurrence of the disease in all species. For example, the canine vaccination program in Bangladesh focuses on dog bite management and mass vaccination in dogs in order to reduce human deaths on account of rabies. Efforts such as these by governments in various nations in Asia and Africa has promoted the rabies treatment market.

Besides, growing concerns about the economic losses resulting from rabies outbreak is another major factor benefitting the global market for rabies treatment. In fact, in developed regions such as North America and Europe, where spends are substantial on making the livestock population safer and healthier, rabies treatment market has seen a solid growth. And thanks to such comprehensive programs, instances of rabies is very low in the regions.

With pet-care industry proliferating across the world on account of the rising penchant for pets in people living in urban pockets, the demand for rabies treatment has risen too. Apart from that, thrust on product development using latest technologies is also providing tailwind to the market. At present, research and development is focused on application of novel culture media to create contamination-free vaccines. To an extent, stringent regulatory examinations conducted by governments is stoking such progress.

Global Rabies Treatment Market: Overview

Rabies is a neural disease caused by a virus. It affects humans and several other mammals, with dogs, bats, raccoons, and cats being among the most common victims. Rabies causes inflammation of the brain, leading to fever, loss of control over body parts, and a fear of water. Rabies treatment is a key concern despite the relatively limited spread of the disease, as rabies is almost always fatal once the symptoms of the disease appear. Receiving rabies treatment in the interim between being bitten by a disease-carrying animal and the appearance of the symptoms is thus the only sure way to treat rabies. The rising awareness about animal health is likely to be a major driver for the global rabies treatment market in the coming years.

By product type, the global rabies treatment market is broadly segmented into cell culture vaccines, nerve tissue vaccines, and rabies immunoglobulin. Of these, cell culture vaccines are likely to lead the global rabies treatment market in the coming years.

Global Rabies Treatment Market: Key Trends

The rising concern about the economic implications of rabies outbreaks in livestock is the key driver for the global rabies treatment market. Livestock care has become a vital topic in developed regions such as Europe and North America, where significant expenditure is devoted to the eradication of various hurdles in the process of making the livestock population in the region safer and healthier. The increasing focus on pet care in these regions is also likely to drive the demand from the global rabies treatment market in the coming years. Preventive vaccines are likely to be the key type of rabies treatment utilized in animal care in the coming years.

The rising government support to the eradication of rabies is another important driver for the global rabies treatment market. Widespread utilization of advanced rabies treatments often requires some help from regulatory bodies, while uniform adoption of preventive rabies treatment in animal care is also dependent to some extent on support from regulatory bodies. The increasing participation of governments across the world in helping the animal health sector in their countries is thus likely to remain a key driver for the global rabies treatment market in the coming years.

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Global Rabies Treatment Market: Market Potential

The global rabies treatment market has been sustained by the high volume of demand in developing regions. However, steady government support could prove vital in the development of the rabies treatment market. Global healthcare organizations such as the WHO are also keen to collaborate with emerging economies in order to make animal healthcare more widely accessible. This could have significant consequences for the global rabies treatment market in the coming years.

Global Rabies Treatment Market: Geographical Dynamics

The global rabies treatment market is currently dominated by Asia Pacific, followed by North America and Europe. The rising prevalence of rabies in humans is likely to drive the rabies treatment market in Asia Pacific. On the other hand, the booming livestock sector, driven by the steady growth of food and beverage as well as the consumer goods industries, has become the prime driver for the rabies treatment market in North America. The rising expenditure on pet care across the world is also likely to remain a key driver for the global rabies treatment market in the coming years.

Global Rabies Treatment Market: Competitive Dynamics

The global rabies treatment market is dominated by Sanofi, GlaxoSmithKline, Cadila Healthcare, and Merial. The sustained efforts to produce next-generation rabies vaccines are likely to propel the global rabies treatment industry in the coming years.

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TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today’s supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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Interventional Oncology Market set to record exponential growth by 2025-end

Global Interventional Oncology Market: Snapshot

The increasing demand for minimally invasive (MI) procedures is driving the growth of the global market for interventional oncology. The growing awareness about the benefits of MI surgeries, such as reduced risk of infection, minimal complications, shorter hospital stay, lesser pain, and a faster recovery time when compared to the conventional open surgeries, are encouraging patients and surgeons to opt for MI surgeries, resulting in the high growth of this market. The global interventional oncology market will continue to be driven by these factors over the coming years.

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The increasing incorporation of image-guided solutions in interventional oncology procedures, thanks to the improvement these solutions provide in the diagnosis and treatment of cancer-related issues, is also expected to supplement the growth prospects of this market in the near future.

The presence of a number of local and international vendors characterizes the business landscape of the worldwide market for interventional oncology, which is highly competitive and diversified. Technological advancements and constant introduction of new products are likely to intensify the competitive environment in the market. The leading players are focusing aggressively on expanding their product portfolios.

Global Interventional Oncology Market: Overview

Interventional oncology, a subspecialty of interventional radiology, finds application in the diagnosis and treatment of cancer and cancer-related problems. It is an image-guided, minimally-invasive technique conducted by trained experts. Most procedures are either outpatient or require an overnight stay in the hospital. Recovery time is also minimal. Some of the popular procedures used are intra-arterial therapies, ablative therapies, pain palliation, and neoadjuvant (pre-operative) procedures.

A report by TMR research studies the global market for oncology intervention in details by factoring in current and historical data. It presents a qualitative analysis of the growth drivers and restraints and also projects it growth trajectory in the future.

Global Interventional Oncology Market: Key Trends

Fanning growth in the global interventional oncology market is the increasing instances of liver, lung, stomach, colorectal, and breast cancer worldwide. This has upped demand for minimally invasive procedures to treat or eliminate cancerous cells. On account of their targeted nature that cause little damage to adjacent tissues and organs, cause little complications, and result in a shorter recovery time, minimally invasive techniques in interventional oncology has stolen a march over alternative cancer treatments such as conventional surgeries, systematic chemotherapy, and radiation therapy, and systematic chemotherapy.

Additionally, the rising combination of image-guided solutions with interventional oncology procedures will also likely stoke the global market for interventional oncology in the next couple of years.

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Global Interventional Oncology Market: Market Potential

The global market for interventional oncology is primed for healthy growth in the foreseeable future. A growing thrust on pairing up interventional oncology drugs with device-based interventional oncology procedures could make the procedure mainstream soon. This would likely provide a major fillip to the market.

Depending upon procedure and analysis, the global market for interventional oncology can be segmented into ablation and embolization. Of the two, the interventional oncology embolization segment holds a leading share in the market and would continue doing so in the near future. This is because of the rising need for minimally invasive procedures in the treatment of cancer, uptake of embolization procedures by hospitals and ASCs, and direct selling of embolization products, namely DC Bead, Bead Block, and DC Bead M1.

Global Interventional Oncology Market: Regional Outlook

Geographically, the key segments of the market are the Americas, Asia Pacific, and the Europe, Middle East, and Africa. Among them, the Americas hold a leading position and will continue doing so in the upcoming years as well on account of the rising instances of cancer, increasing application of minimally invasive procedures, technological progress such as robotic navigation systems, and effective medical  reimbursement policies. Increasing support from the government and other organizations for research and developmental activities is also expected to bode well for the market in the region.

Global Interventional Oncology Market: Competitive Analysis

The global market for interventional oncology is highly competitive and diversified because of the presence of numerous regional and international vendors worldwide. The market is highly dynamic on account of rapid technological advancements and unveiling of new products from time to time. All of these are also serving to intensify the competition in the market. Many savvy vendors are leveraging advanced technologies to improve their product portfolio, bring out innovative products, and enhance patient satisfaction. This has helped them outsmart new entrants. Some of the key players profiled in the report are Boston Scientific, Medtronic, BTG, TERUMO, and Merit Medical.

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TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today’s supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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Coronary Stents Market to Witness Robust Expansion by 2025

Global Coronary Stents Market: Snapshot

The market for coronary stents has been gaining significant traction across the world. Technological advancements, increasing burden of CAD, and the rising base of geriatric population are the main factors that have been fueling the demand for coronary stents substantially. Apart from these, the augmenting demand for minimally invasive procedures and the rising number of percutaneous coronary intervention (PCI) procedures are also supplementing to the growth of this market.

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Furthermore, the advancements in bioresorbable vascular scaffold (BVS) and the continual expansion of the leading players in emerging markets are likely to offer significant growth opportunities to the market in the years to come. However, the availability of alternative treatment methods for CAD, strict norms and policies for product approval, and the increasing number of cases of product failure may hamper the growth of this market over the next few years. The market reports a regional presence across the Middle East and Africa, North America, Asia Pacific, Latin America, Europe. Among these, North America has been leading the global market and is expected to retain its supremacy over the forthcoming years.

Global Coronary Stents Market: Overview

Coronary stents are used during the treatment of coronary arteries that supply the heart muscle with blood. A tube-shaped device inserted in coronary arteries, they help open up an artery and are left there permanently.

Fat often gets deposited along the arterial wall, thereby narrowing the area for the blood to flow. This can result in reduced flow of blood to the crucial heart muscle, which in turn can lead to chest pain and heart attack. Clots also form at times, which completely siphon off the flow of blood to the heart causing an attack again. Stents help to thwart such outcomes by keeping the coronary arteries open for the blood to flow smoothly.

Global Coronary Stents Market: Key Trends

Coronary stents are efficient and safe. This unique perceived benefit has been the single most important driver of its market so long. Additionally, clinical research organizations (CROs) with their constant evaluations leveraging clinical trials have egged manufacturers to focus on product development. Such organizations also bring down the time taken for regulatory approvals by partnering with regulatory agencies for pre- and post-market approvals of stents. All these have driven steady growth in the market.

Besides, patients who undergo angioplasty and have stents installed recover faster than patients who have coronary artery bypass surgery (CABG). Coronary stents cause much less discomfort and this has been resulting in their swift adoption too.

Global Coronary Stents Market: Market Potential

Coronary stents play an extremely important role in saving human lives. Recently, the government in India ordered stent manufacturers, especially multinationals Abbot and Medtronic, to not withdraw supply in response to pricing regulations. It cited emergency clause in public interest. Given the crucial function they serve, many governments are coming up with different incentives to make sure everyone can access the lifesaving devices. Some such incentives are reducing the price or providing subsidies.

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The three different types of coronary stents available in the market are drug-eluting stents (DES), bare metal stent (BMS), and bioresorbable stent. The drug-eluting stents (DES), among them, grosses maximum revenue on account of the spike in number of people suffering from cardiovascular diseases (CVD). The growing efforts by companies to prove the efficacy of their products through clinical studies has also driven up demand for the product.

In terms of end users, ambulatory surgery centers account for maximum share in the market as they help to minimize medical expenses and lessen the duration of hospital stays. They also come equipped with advanced operating equipment, specialist surgeons, and operating and recovery rooms without complex administrative procedures.

Global Coronary Stents Market: Regional Outlook

From a geographical standpoint, the Americas hold a leading position in the global market for coronary stents due to the advanced medical facilities in the region. Going forward too, the Americas will likely hold on to their leading share.

Global Coronary Stents Market: Competitive Analysis

A large number of regional and international players makes the global market for coronary stents competitive and diversified. These vendors are making constant efforts to outsmart one another by coming up with more cutting-edge devices such as nano-coated stents or through shrewd pricing strategies. They are also resorting to strategic distribution partnerships and mergers and acquisitions to bolster their positions. Some such vendors profiled in the report are Abbott Laboratories, Medtronic, and Boston Scientific.

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TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today’s supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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Medical Imaging Software Market expected to Witness a Sustainable Growth over 2025

Global Medical Imaging Software Market: Snapshot

The demand in the global medical imaging software market is expected to expand at a notable CAGR during the forecast period of 2017 to 2025. The prosperity of this market can be attributed to a number of factors such as growing public and private sector, technological advancements in the medical imaging systems and analysis software, fusion of imaging technologies, increasing usage of imaging equipment as a result of growing prevalence of chronic diseases, and expand applications of computer-aided diagnosis, which significantly improves the accuracy.

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On the other hand, constraints pertaining to budget, deep penetration of standalone software vendors, potential of hacking, and dearth of skilled professionals to operating the software are a few restraints obstructing the global medical imaging software market from attaining its true potential.

Nevertheless, the vendors operating in the global medical imaging software market are poised to gain new opportunities from the emerging concept of artificial intelligence, cloud-based imaging analysis, and untapped emerging market. This report has been freshly compiled for targeted audiences such as diagnostic imaging equipment vendors and service providers, standalone image analysts software and workstation providers, healthcare IT service providers, diagnostic centers, hospital organizations, and venture capitalists.

Based on product type, the market for medical imaging software can be segmented into integrated and standalone. Image type can be 2D imaging, 3D imaging, and 4D imaging. Application-wise, the market can be bifurcated into urology and nephrology, orthopedics, neurology, dental applications, oncology, cardiology, mammography, obstetrics and gynecology, and respiratory applications. End users of the market can be hospital organizations, diagnostic centers, and research centers. Modality-wise classification of the market can be done into tomography including CT, MRI, PET, and SPECT, ultrasound imaging, radiographic imaging, and combined modalities including PET/CT, PET/MR, and SPECT/CT.

Global Medical Imaging Software Market: Overview

Medical imaging software encompasses technologies and other solutions for various imaging modalities and processes to image a body for the purpose of diagnosis and treatment of diseases. Popular modalities include radiography, magnetic resonance imaging, ultrasound, and tomography. These solutions help in the visualization and analysis of the images for clinical interventions and facilitate storage and transmission of patient data and other useful diagnostic information.

The shift from analog to digital medical imaging systems has led to constant evolution of medical imaging software. Development of modern technology platforms and visualization methods, coupled with the use of automation technologies in the healthcare sector, enables clinicians to produce high-resolution 2D and 3D images for improving clinical outcomes. This has positively impacted the medical imaging software market.

Global Medical Imaging Software Market: Key Trends

Continuous modernization of analog imaging systems to computed radiography systems across hospitals and other diagnostic centers is a key factor propelling the medical imaging software market. The development of cost-effective solutions such as retrofit kits for large-scale conversion of analog X-ray systems to digital systems has boosted the market. The demand for point-of-care ultrasound equipment for disease diagnosis in home-based settings has stimulated the demand for imaging software.

The advent of automation solutions for effective storage and communications of patients’ data across different clinical settings is anticipated to fuel the demand from the global medical imaging software market in the coming years. The growing popularity of mobile and cloud-based medical imaging systems for real-time visualization has bolstered the demand for advanced imaging software. Furthermore, the launch of solutions compatible across a range of medical imaging equipment is expected to create exciting opportunities for developers and vendors in the global medical imaging software market.

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Global Medical Imaging Software Market: Market Potential

The launch of customizable imaging solutions catering to specific imaging needs of a large number of healthcare providers has expanded the horizon of the medical imaging software market, leading to transformative effects in the healthcare industry.

Novarad, a U.S.-based provider of medical imaging software solutions, collaborated in March, 2017 with Microsoft to develop a cutting-edge technology by combining its imaging software with HoloLens—the augmented reality glasses developed by the technology giant. The high-end technology, not yet released to consumers, will enable clinicians, especially surgeons, to create 3D holograms of MRI scans, CT scans, and X-rays. The scanned images of patients are uploaded to the cloud platform for doctors and surgeons to easily access them through HoloLens’s built-in computer.

These holograms can then be superimposed on patients to provide enhanced visualization to surgeons during operations. Dr. Steve Cvetko, Director of R&D at Novarad and Dr. Wendell Gibby, the founder of the company, opine that the combined technology platform will significantly boost clinical and surgical outcomes. They are working intensively to patent the technology and efforts are ongoing to get it approved by the U.S. FDA to expand its potential. The augmented reality technology platform, believe the developers, will further prove beneficial to new doctors and medical students who want to witness surgeries at close quarters.

Global Medical Imaging Software Market: Regional Outlook

The Americas are a prominent market for medical imaging software and are anticipated to offer lucrative avenues over the forecast period. Spiraling revenue from leading players in various countries such as the U.S. and significant technological advances in medical imaging devices, particularly automation, are expected to propel this regional market. Furthermore, the robust medical infrastructure in the U.S. and the soaring popularity of minimally invasive surgical processes are anticipated to bolster the demand for medical imaging software in the Americas.

Global Medical Imaging Software Market: Competitive Analysis

Several players are forming collaborations with various technology companies and medical device manufacturers to launch innovative solutions in order to consolidate their market shares in major regions. Companies vying for a significant share in the medical imaging software market include Siemens Healthineers, Toshiba Medical Systems Corporation, Esaote SpA, IBA Dosimetry, GE Healthcare, Carestream Health, and Agfa-Gevaert N.V.

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TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today’s supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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Intraoperative Imaging Market is set to garner staggering revenues by 2025

Global Intraoperative Imaging Market: Snapshot

The healthcare industry is readily aspiring new technology that can enable caregivers to treat their patients better and the advent of intraoperative imaging has been in sync with it. A mode to capture real-time views of the brain for the surgeon during a surgical process, intraoperative imaging enables the removal of tumor more safely and reduce th. On the back of rising geriatric population and consequent growth in the prevalence of chronic diseases such as cancer and diabetes, growing popularity of minimally invasive procedures, and growing requirement of superior imaging in orthopedic and neurological procedures are some of the key factors augmenting the demand in the global intraoperative imaging market. On the other hand, high cost of the systems is the most prominent obstruction over the prosperity of the intraoperative imaging market. Nevertheless, the vendors of this market are expected to gain new opportunities in the emerging economies.

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Based on product type, the market for intraoperative imaging can be segmented into mobile C-arms, intraoperative MRI, intraoperative CT, and intraoperative ultrasound, whereas application-wise, the market can be bifurcated into spine surgery, neurosurgery, cardiovascular surgery, urological surgery, ENT surgery, gastroenterological surgery, and maxillofacial surgery. Currently, the neurosurgery segment provides for the most prominent chunk of demand, which is a reflection of the prevalence of neurological disorders such as Parkinson’s disease, brain tumors, stroke, and epilepsy. Based on the condition of the patient, the intraoperative imaging helps a surgeon in performing procedures such as lesion, deep brain stimulation, tissue transplant surgery with efficiency and accuracy, and neural grafting.

Some of the targeted audiences of this report are manufacturers and suppliers of intraoperative imaging equipment, neurosurgical, spinal surgery, and orthopedic associations and clinics, and medical devices manufacturers.

Global Intraoperative Imaging Market: Overview 

Intraoperative imaging consists of the use of image-guided technologies that enable clinicians to perform operations, deliver therapies, confirm procedure status, and improve real-time decision making. The image-guided therapy helps surgeons modify treatments by improving targeting of diseased tissues, thereby boosting surgical outcomes. Prominent technologies in intraoperative imaging include magnetic resonance imaging (MRI), positron emission tomography (PET), and computed tomography (CT).

Over the past decade, these technologies have gained increased adoption in performing various surgeries, such as cardiovascular and spine surgeries with marked success in neurology and orthopedics. A variety of intraoperative imaging tools has gained acceptance in a large number of radiosurgical procedures. The intraoperative imaging market is projected for healthy growth, driven by the accelerating demand for image-guided minimally-invasive surgical interventions. 

Global Intraoperative Imaging Market: Key Trends

The surge in demand for minimally-invasive surgeries and the increasing adoption of MRI, CT, and PET to complement the already-existing routine imaging devices are the key factors propelling the market. The significant success of intraoperative MRI imaging in transforming contemporary neurosurgical procedures and brain surgeries has fuelled the market. In addition, the development of high-end technologies by manufacturers has helped clinicians perform complicated surgeries with accuracy, thereby stimulating the demand for intraoperative imaging devices and tools.

Advancements in computer-assisted surgery devices and image-guided robots have led to newer applications. Emerging applications include visualization of vasculature and treatment of vascular malformations of the spinal cord; this is expected to unlock exciting opportunities for market players. 

Global Intraoperative Imaging Market: Market Potential

A large number of medical device manufacturers are focusing on developing intraoperative imaging devices and tools with advanced functionalities that can be used in a wide range of clinical conditions. Several players are also offering upgrades in intraoperative imaging CT scanners and MRIs, which helps in selective tumor targeting.

Cellectar Biosciences, Inc. based in the U.S. is a clinical stage company in biotechnology focused on oncology, announced in March, 2017 that it was granted a patent by the Japanese Patent Office for its phospholipid drug conjugate (PDC) optical agents. The patent, known as JP6073961, elaborates on the use of PDCs consisting of CLR 1501 and CLR 1502 in intraoperative tumor imaging in vitro as well as in vivo. The patent expires on May 11, 2030. The PDCs compounds make use of the PDC cancer targeting delivery platform for tumor targeting optimization and facilitates the treatment and diagnostic imaging of cancer.

The patent for the product candidate provides a wealth of opportunities for partnerships and collaborations for the biotech company, which is expected to enhance the clinical utility of the intraoperative imaging technology. This will also enable the company to expand its product portfolio in the coming years. The product portfolio mainly includes CLR 125, useful for the treatment of micro metastatic disease; CLR 124, a cancer-targeting positron emission tomography (PET) imaging PDC; and CLR 1502, used in intraoperative non-invasive tumor imaging.

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Global Intraoperative Imaging Market: Regional Outlook 

North America is anticipated to offer lucrative opportunities for companies in the intraoperative imaging market. The impressive growth of the North America market is attributed to constant technological upgrades and advancements in imaging devices, coupled with increasing collaborations among leading players. Furthermore, the advent of platforms aimed at better integration of intraoperative imaging and MRI-compatible navigational systems is anticipated to boost the regional market in the coming years. The increasing adoption of intraoperative imaging systems in Latin America and Asia Pacific, attributed to soaring demand for minimally-invasive surgeries, will catalyze the growth of these regional markets over the forecast period.

Global Intraoperative Imaging Market: Competitive Analysis

Several medical device manufacturers are entering into partnerships and collaborations with leading players to consolidate their market presence across various regions. Key companies operating in the intraoperative imaging market include Koninklijke Philips N.V., Siemens AG, Toshiba Corporation, Brainlab AG, and Medtronic. 

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Healthcare Cloud Computing Market to Register Substantial Expansion by 2025

Global Healthcare Cloud Computing Market: Overview

Pay-per-use method is considerd as one of the major factor that is expected to propel the growth of global healthcare cloud computing market. This is beacuse the model is easy to implement and can generate better profit for the players of market. This method ensures a constant revenue for the players offering healthcare cloud computing solutions in the market, aiding to the growth of their business. As a result of this method, healthcare institute can reduce their maintenace cost for servers and other essential devices required for cloud computing.

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This is another fator that is influencing the growth of of the global healthcare cloud computing market. Moreover, healthcare cloud computing can allow professionals to store and access medical data remotely. This remote access of data is also one of the major factor that is expected to influence the growth of global healthcare cloud computing market from 2018 to 2028.

A report on global by healthcare cloud computing market TMR_Research provides actionable insights to the businesses of the market. The report helps the players to understand the dynamics of the global healthcare cloud computing market. It provides 360-degree insight about the key trends, notable developments, various challenges, and key players of global healthcare cloud computing market.

Global Healthcare Cloud Computing Market: Competitive Landscape

The global healthcare cloud computing market is highly competitive as a result of constantly developing technologies such as IoT, machine learning, and artificial intellligence. Moreover, the market also has a highly consolidated nature as it is dominated by a handful of prominent players across the globe. This is because, the data collection and processing is quite a daunting task, which is best fulfilled by the vendors with substantial resources and production capacity.

This, as a result, makes it extremely difficult for the new players to enter into global healthcare cloud computing market. To have a better future in global healthcare cloud computing market, new players have resorted to strategies such as partnerships that help compete against established companies of the global healthcare cloud computing market. These strategies also help the new businesses to enhance their product portfolio in order to have a better brand presence in global healthcare cloud computing market.

Whereas, the giants of global healthcare cloud computing market are acquiring smaller businesses to expand their resource bank and production capacity. These players are also investing a handsome amount in R&D department in order to provide innovative products to their customers in order to have an impactful business over a duration of time.

Some of the prominent players of global healthcare cloud computing market are:

  • Microsoft
  • Amazon
  • IBM
  • Salesforce
  • Oracle

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Global Healthcare Cloud Computing Market: Key Drivers

Adoption of various connected instrument in healthcare institute is one of the major factor that is expected to influence the growth of global healthcare cloud computing market during the forecast period of 2018 to 2028. This is because, every connected instrument generates data that can help healthcare institutes to derive patient centric treatments. Hence a healthcare cloud computing system is highly in demand these days. Moreover, the rising implementation of various modern technologies such as automation, IoT, machine learning, and artificial intelligence has escalated the demand for cloud computing in healthcare sector. This growing demand is yet another factor that is expected to fuel the growth of global healthcare cloud computing market during the forecast period of 2018 to 2028.

Furthermore, benefits such as real-time data access, remote data access, and secure data transmission and storage are some more factors that are anticipated to support the growth global healthcare cloud computing market from 2018 to 2028.

Global Healthcare Cloud Computing Market: Regional Outlook

North America is expected to dominate global healthcare cloud computing market. The dominance of the market is the result of various technological developments in the field of cloud computing by the players present in the region. Moreover, rising demand of healthcare cloud computing in countries such as U.S and Canada is also one of the major factor that is expected to fuel the growth of region in the global healthcare cloud computing market from 2018 to 2028.

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TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today’s supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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Healthcare IT Market to Reflect Impressive Growth Rate During 2025

Global Healthcare IT Market: Snapshot

The global healthcare IT market is brimming with opportunities as health information technology has revolutionized patient care and healthcare services across the world. Healthcare IT provides secured sharing of patient information for healthcare providers to better manage patient care. Healthcare IT uses electronic health records (EHRs) in place of paper medical records to maintain patient health information.

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Healthcare IT is an umbrella term that comprises an array of technologies to store, share, and analyze health information. It involves the design, development, implementation, and maintenance of information systems for the healthcare industry. Apart from improved medical care and lower costs, these systems that are automated and interoperable also optimize reimbursement for ambulatory and inpatient healthcare providers.

Owing to its several advantages, more and more healthcare providers are employing health IT for improved patient outcomes. In addition, Health IT enables two-way communication. Patients can use health IT to communicate with their doctor, care giver to share information about health and act as per instructions to improve the quality of life. Health IT enables patient to be a part of the team that is in charge of their health.

The electronic health record (EHR) is the principal component of the health IT infrastructure. It allows doctors to track health information easily and enables them to access patient information out of their office. Apart from this, other vital components of the health IT infrastructure are personal health record and health information exchange. The inception of HITECH Act in 2009 has greatly influenced the implementation of EHR.

Global Healthcare IT Market: Overview

Healthcare IT solutions are being increasingly acknowledged for their ability to provide better data management, reduce medical errors, and cut down the healthcare costs. The advent of the cloud technology has further facilitated the exchange of data and real-time communication. Owing to their benefits, several governments worldwide are showing green lights to regulatory acts focusing on the adoption of advanced healthcare IT solutions. Thus, the global healthcare IT market is expected to tread along a phenomenal growth track with the rising awareness regarding their benefits.

The common modes of delivery of these solutions are cloud-premises, on-premises, and web-premises. The components used in healthcare IT are software, services, and hardware. There is a massive demand for software solutions such as hospital information systems, ambulatory care management systems, electronic health and medical record systems, and patient management systems from clinics and hospitals to deliver better patient care.

The research report is compiled using data from various paid and unpaid sources such as journals, presentations, and white papers. It presents an in-depth analysis of all the important parameters of the global healthcare IT market, including its dynamics, vendor landscape, and region-wise outlook.

Global Healthcare IT Market: Drivers and Restraints

Globally, governments are allocating large funds for the advancement of healthcare infrastructure. They, along with several private organizations, are emphasizing on improving the quality of care and clinical outcomes. This, in turn, is promoting the adoption of healthcare IT solutions worldwide. Moreover, the soaring need for managing regulatory compliance is working in favor of the global healthcare IT market.

Despite the cost-effectiveness, the high installation and maintenance costs of these solutions are hampering the growth of the market. Furthermore, the uneven regulatory environment in developed and developing countries is hindering the growth of the market. The dearth of skilled IT professionals in the healthcare sector is also keeping the market from realizing its utmost potential.

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Global Healthcare IT Market: Geographical Segmentation

The key regions studied in the report are Asia Pacific, North America, Europe, and Rest of the World. The domicile of a large number of IT giants along with the high adoption of smart technologies across healthcare infrastructure is making North America a prominent destination for key players in the global market. Strict legislative and accreditation requirements regarding healthcare coupled with stringent regulatory requirements regarding patient safety are propelling the growth of the region.

Asia Pacific is expected to rise at a tremendous CAGR during the review period. The growth of the region can be attributed to the rising consumer spending on healthcare, expanding medical tourism sector, and increasing government initiatives to create eHealth platforms. The growing adoption of healthcare IT solutions and increasing number of private hospitals in rural areas in countries such as India, China, and Taiwan are contributing to the growth of the region. Healthcare setups in the region are vigorously moving towards digitization to streamline workflow systems and ensure patient safety and care.

Global Healthcare IT Market: Competitive Landscape

With the immense growth prospects of the global healthcare IT market, a large number of new players are anticipated to venture into this market. Their participation and the presence of many established players is rendering the market highly competitive. Key players in the market are investing sizeable amounts in research and development of innovative products and services to consolidate their presence in the market. Several players are also focusing towards customization to cater to the specific needs of customers.

Some of the prominent global participants in the healthcare IT market are Athenahealth Inc., Epic Systems, GE Healthcare, McKesson Corporation, Philips, Siemens Healthcare, NextGen Healthcare Information System LLC, Allscripts, Cerner Corporation, Hewlett-Packard, Carestream Health Inc., and Medical Information Technology Inc.

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About TMR Research

TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today’s supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.