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Impact of Outbreak of COVID-19 on Homecare Sirolimus Market : Global Industry Analysis, Forecast 2027

A prophylaxis of rejection, sirolimus is critical in treatment for chronic allograft dysfunction, and refractory acute rejection. Besides, it is now also considered a powerful immunosuppressant. And, this can be transformative as it is supposedly better than available alternatives. The reason behind the claim is the absence of nephrotoxicity which is inherent in most immunosuppressants. Besides, tit is as efficient as cyclosporine. Experts claim that it offers both the cyclosporine effect as well as the steroid sparing effect.

Additionally, it acts as an antitumor, anti-fungal and as an anti-smooth muscle proliferative. As per a recent study of the global sirolimus market dynamics, Transparency Market Research (TMR) notes that the market will chart a CAGR (Compound Annual Growth Rate) of 1.0% over the forecast period of 2019 – 2027. This will contribute to growth in global sirolimus market worth, bringing it up to a USD 304.08 million by 2027 from USD 285 million in 2018.

The global sirolimus market a very fragmented landscape with a large number of players hustling hard. Some of the known names operating the playfield include Pfizer, Inc., Biocon, Dr. Reddy’s Laboratories Ltd., Concept Medical, Inc., Stentys SA, Torrent Pharmaceuticals Ltd., Zydus Cadila, and Intas Pharmaceuticals Ltd, among others.

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Players are dependent on a number of strategies to grasp a bigger share of the growth pie. Some of these are new and better product development, and product approvals. Others include mergers and acquisitions and strategic partners and collaborations with players that show great synergy, helping a better market penetration and a firmer hold on the market share.

Rising Incidence of Target Diseases Will Lead to Growth in Global Sirolimus Market over the Forecast Period

A rise in preference for generic drugs is restraining the global sirolimus market from reaching its full potential. But the factor that is offsetting this impact is the rise in incidence of target diseases, a level of chronic disease in the United States gives an insightful picture considering it is one of the most advanced countries in terms of medical treatment.

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Six in every ten people in the country have one chronic disease and four in every ten have at least two. Going forward (in another 30 years) the region will also see a steep rise in geriatric population, compounding the situation further. The ratio of people aged 65 and above will be one in every four peoples. A similar ratio will be noted in Europe. The robust reimbursement framework and an impressive healthcare infrastructure in both the regions will support the growth of the sirolimus market.

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Besides, there is a general rise in disposable income that is adding to the growth if the global sirolimus market.

Also, as pharmaceutical companies take note, and a robust pipeline comes into the spotlight, it good news for the market outlook.

The global sirolimus market has been segmented as follows:

Global Sirolimus Market, by Application

  • Organ Transplant Rejection
  • Lymphangioleiomyomatosis (LAM)
  • Sirolimus Coated Balloons & Catheter Devices

Global Sirolimus Market, by Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Global Sirolimus Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Australia
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • South Africa
    • GCC Countries
    • Rest of Middle East & Africa

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TMR Analyzes Impact of Outbreak of COVID-19 on HIV/AIDS Drugs Market

Human immunodeficiency virus (HIV) attacks the immune system of the individual. The human immunodeficiency virus (HIV) is a type of retrovirus that causes acquired immunodeficiency syndrome (AIDS). AIDS refers to a set of symptoms and illnesses.

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It is one of the most widespread and incurable deficiency syndromes among humans across the world. HIV spreads through unprotected intercourse with a person infected with HIV. HIV can also be transmitted through transfusion of contaminated blood, from infected mother to child during breastfeeding and pregnancy, and due to sharing of contaminated needles and syringes.

Some of the symptoms of HIV infection are swollen glands, headache, slight fever, fatigue, and muscle ache. At present, HIV infection can be treated by drugs that belong to classes such as nucleoside reverse transcriptase inhibitors (NRTIs), non-nucleoside reverse transcriptase inhibitors (NNRTIs), entry and fusion inhibitors, integrase inhibitors, and protease inhibitors (PIs). Truvada, Atripla, Stribild, and Prezista/Prezcobix are some of the key drugs available in the market for treating HIV/AIDS.

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According to a WHO report, by the end of 2015, the number of people infected by HIV, globally, stood at 36.7 million. The global HIV/AIDS drugs market is expanding significantly due to increasing prevalence of the disease. Rise in the incidence of unprotected sex has led to increase in the prevalence of HIV/AIDS. Increase in funding from government and private sectors for the treatment of HIV/AIDS in terms of reimbursement is projected to drive the market during the forecast period. Low rate of voluntary screening for the disease is a major restraint for the market. Awareness about diagnostic tests for HIV infection is extremely low in countries in Africa. Hence, companies are facing challenges in penetrating the market in the region. Moreover, several low- and middle-income countries depend on government grants for provision of rapid diagnostic tests in the event of an epidemic. Therefore, their direct reach to customers is weak in these countries. These factors hamper the market in the region.

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The global HIV/AIDS drugs market can be segmented based on drug class, distribution channel, and region. In terms of drug class, the market can be categorized into nucleoside reverse transcriptase inhibitors (NRTIs), non-nucleoside reverse transcriptase inhibitors (NNRTIs), entry & fusion inhibitors, integrase inhibitors, protease inhibitors (PIs), and combination class drugs. In terms of revenue, the combination class drugs segment held a significant share of the HIV/AIDS drug market in 2016. Atripla, Triumeq, and Truvada held a significant share of the market in 2016. In terms of distribution channel, the global HIV/AIDS drugs market can be classified into hospital pharmacies, retail pharmacies, online pharmacies, and others. In terms of revenue, the hospital pharmacies segment held a significant share of the HIV/AIDS drugs market in 2016.

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In terms of region, the global HIV/AIDS drugs market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the leading market for HIV/AIDS drugs. In terms of revenue, the U.S. holds a major share of the HIV/AIDS drugs market in North America. The market in Europe is expanding rapidly due to increase in the patient population in the region, especially in the U.K. and Germany. The market in Asia Pacific and Latin America is projected to expand significantly in the near future. Developing economies such as China and India are anticipated to contribute to growth of the market in Asia Pacific between 2017 and 2025, due to better health care infrastructure, economic growth, increase in the number of insurance payers, growth of the private health care sector, and increase in awareness among people in these countries.

Key players operating in the global HIV/AIDS drugs market are Gilead Sciences, Inc., GlaxoSmithKline plc, Merck & Co., Inc., Johnson & Johnson, Bristol-Myers Squibb Co., AbbVie Inc., Pfizer, Inc., Alexion Pharmaceuticals, and Shionogi.

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Ventilator Accessories Market : A Latest Research Report to Share Market Insights and Dynamics

Global Ventilator Accessories Market: Overview

The report details an exhaustive account of the global ventilator accessories market along with numerous associated factors. Some of these factors that are included in the report are drivers, restraints, competitive analysis, latest trends and opportunities, geographical outlook, and many other aspects. The study covered in the report spans a forecast period from 2016 to 2024.

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From an overall perspective, the report is expected to exist as a valuable insight to businesses which are already operating in the global ventilator accessories market, as well for those who intend to newly establish themselves in this environment. 

Global Ventilator Accessories Market: Market Potential and Restraints

Rapid technological advancements occurring in the field of medical device manufacturing is majorly driving the global ventilator accessories market to experience tremendous growth. Increasing number of cases of chronic respiratory disorders among people all over the world too is contributing towards a rise in revenue generated by this market. Moreover, with a surging geriatric population, a high prevalence of these diseases exists, thereby causing a notable requirement of ventilators and associated accessories to exist. The ventilator accessories market is being driven with increasing sales of portable and mechanical ventilators.

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Furthermore, with a rise in the number of hospitals and other healthcare centers, a high demand for ventilator systems exists, consequently propelling the market to attain splendid growth. Growing per capita income, extensive R&D investments in the healthcare industry by top market players, rising demand for advanced front-line technologies, and expansion of private hospitals and rehab-centers in remote areas are major factors driving growth of the ventilators accessories market globally.

However, high costs required to set up procurement of ventilators and their accessories along with relevant technologies, as well as expensive research and development activities for the same is greatly hampering the market. Lack of trained professionals in underdeveloped and remote areas who can use the ventilator systems and accessories is another significant factor hindering the global ventilator accessories market. Nevertheless, the picture is soon expected to change as numerous service providers companies are gradually introducing cost-effective ventilator accessories.

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Global Ventilator Accessories Market: Geographical Outlook

Geographically, the global ventilator accessories market is spread across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Of all these, North America is the largest regional segment of the ventilator accessories market, followed by Europe. Apart from these regions, Asia-Pacific also depicts an enhanced growth rate in the market to exist during the forecast period. The rate of efficiency is mainly attributed to the geriatric population worldwide, rising incidences of cardio-vascular & respiratory diseases, extensive growth in healthcare expenditure, and rapidly growing healthcare industry worldwide. These regions are expected to generate the fastest growth rates potentially. 

Global Ventilator Accessories Market: Competitive Landscape

This market showcases the presence of a highly competitive vendor landscape, owing to most players continuously trying to outgun their rivals. Many businesses are focusing on introducing new devices on a frequent basis, as well as improving technological efficiency. Reducing device costs to benefit ease of accessing relevant healthcare services and treatments is another area where many businesses in the global ventilator accessories market are striving to succeed.

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With more players expected to enter the market in the next few years, the competition is projected to become more intense. Drägerwerk AG & Co. KGaA, GE Healthcare Ltd., Siemens Healthcare, ResMed Inc., Fisher &, Paykel Healthcare Corp. Ltd., Hamilton Medical AG, Invacare Corp., CAS Medical Systems Inc., Nihon Kohden Corp., Nonin Medical Inc., Criticare Systems Inc., Spacelabs Healthcare Inc., Nellcor Puritan Bennett LLC, ALARIS Medical Systems Inc., Criticare Systems Inc., Masimo Corp., and Welch Allyn Inc., are key players operating in the global ventilator accessories market. 

Key segments of the global ventilators market:

By Product Type

  • Flow sensors
  • Breathing sets
  • Expiratory valves
  • Endotracheal tubes
  • Breathing circuits
  • Humidifiers
  • Interfaces and masks
  • Others

By End User

  • Hospitals
  • Ambulatory Surgery Centers
  • Clinics
  • Emergency Medical Services
  • Long term care centers 

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Respiratory Inhaler Market Latest Update Revenue by Applications, Types and Region 2018 to 2026 Research Report

Global Respiratory Inhaler Market: Brief Account

Over the years various inhalation therapy had been used in parts of the world. Proven records of such practices have been found. However, in recent time’s advent of respiratory inhaler devices have proved to be a live savior for hundreds of millions. Respiratory inhaler device is a medical device which is used to help a patient encountering several breathing problems due to respiratory disorders such as asthma, COPD, ARDS, fibrosis, and others.

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Significant rise in air pollution due to emission of harmful particles from various factories and emission of carbon from vehicles have increased the chance of encountering with breathing problems in individuals. Rise in uptake of harmful habits such as smoking and drinking alcohol have triggered various pulmonary diseases across the world, thus resulting in high demand for respiratory inhaler devices.

One of the major reason that is playing a pivotal role in supporting the market growth is the surge in geriatric population all over the world. Most of old people due to lack of immunity tend to develop pulmonary and chronic diseases, which is positively impacting the market growth.

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Global Respiratory Inhaler Market: Trends and Opportunities

Rising cases of respiratory diseases such as asthma and chronic obstructive throughout the globe is anticipated to boosts the respiratory inhaler market. According a report by World Health Organization (WHO), in 2015, around 383000 people died due to asthma. This figure clearly shows rising cases of asthma, which will propel the respiratory inhaler device manufacturers to increase their production rate in order to meet the growing demand.  Apart from this, rise in air pollution level throughout the world due to wild fire in forest, increasing number of vehicles, and rising number of factories are prognosticated to help the respiratory inhaler market to climb up the growth ladder. Approvals of various respiratory inhaler products in recent time is expected to flourish the market during the tenure period 2018 – 2026.

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Constant innovation of respiratory inhaler and use of medication sensor that finds its way to send information directly to a smart device such as PC or smartphone is likely to attract people owing to its convenience. This advancement in technology to have a positive impact on the global respiratory inhaler market in coming years. Numerous initiatives undertaken by government of various countries to prevent respiratory diseases by spreading awareness regarding the symptoms and availability of new treatment is foreseen to help the market grow hastily.

On the other hand, lack of knowledge of device use along with administration protocols are expected to pull down the market drastically. Furthermore, high costs of inhalers are considered to be another reason for the market to witness a downfall in coming years.

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Global Respiratory Inhaler Market: Regional Analysis

On the basis of geography, the market is segmented into Middle East and Africa, Latin America, Asia Pacific, Europe, and North America. Of these, North America holds the major share and is predicted to continue holding the major share in coming years owing to rise in asthma cases and presence of established players in the region. However, analysts expects that Asia Pacific to see a strong demand in respiratory inhaler devices in coming years due to rise in geriatric population, increasing awareness regarding pulmonary diseases, and rising healthcare spending.

Global Respiratory Inhaler Market: Companies Mentioned

Some of the key players in the market are Beximco Pharmaceuticals Ltd., Cipla Ltd., Koninklijike Philips N.V., OMRON Healthcare Europe B.V., GlaxoSmithKline plc, and AstraZeneca.

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Impact of COVID-19 on Respiratory Humidification Market

Global Respiratory Humidification Market: Snapshot

The global market for respiratory humidification has been witnessing a steady upswing in its valuation. The efficiency of respiratory humidification solutions in decreasing the need for invasive therapies and various other complicated interventions in patients is boosting their demand substantially, leading to a significant rise of this market.

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Over the coming years, the market will continue to experience high growth on the grounds of the increasing awareness among consumers pertaining to their benefits and the ease of usage they offer to patients of all ages. Respiratory humidification solutions find extensive application in the medical and healthcare industry in supplying warm moisture and breathing gas to patients, particularly to infants.

An emergent therapy involving high flow humidifiers, named high flow humidification therapy (HfT), is witnessing a wide ranging uptake among medical professional for the treatment of patients with multiple respiratory disorders. This, as a result, has bolstered the worldwide market for respiratory humidification solutions substantially.

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These solutions not only provide patients with respiratory support but also increase the oxygen concentration in their blood, which is likely to fuel their demand across the world in the years to come. The presence of a large pool of players characterizes the competitive landscape of the global respiratory humidification market, which is expected to intensify over the next few years.

Respiratory humidification is a process of warming, purification, and humidification of the respiratory gas artificially. The lung tissues start getting damaged due to dryness of the organs when the natural humidification fails. Thus, respiratory humidification is carried out for mechanically ventilated patients. An artificial respiration causes the epithelial mucus layer to become more viscous in a short time, impairing the ciliary function inside the nose. Thus to prevent such complications, the loss of heat and moisture are compensated by the humidification process. The humid air is provided to the nasal mucosa at 37 degrees Celsius (room temperature), with adjusted 100% relative humidity to maintain mucociliary clearance for long time.

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Rising need and demand for neonatal care products and increasing geriatric population at a global level are the major factors which are expected to drive the market of respiratory humidification during the forecast period. However, stringent government regulations and the damage caused to the nasal mucosa during the invasive procedure are expected to restrain the market of respiratory humidifiers during the forecast period.

The global respiratory humidifiers market is segmented based on product type, end-user, and region. On the basis of product type, the market is segmented into active humidifiers, passive humidifiers, and respiratory humidifiers accessories. The active humidifiers segment is further segmented into nebulizers and evaporators. The evaporators subsegment includes ultrasonic humidifiers and electronic humidifiers.

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The passive humidifiers segment is divided into invasive ventilation, noninvasive ventilation, and high-flow nasal cannula (HFNC). The nebulizers sub-segment accounted for high market shares in 2016 owing to the ease of administration of humidified air by nebulizers and rising demand for handheld and cost-effective humidifiers. However, the invasive ventilation subsegment is projected to generate a high market revenue during the forecast period, which is attributed to the low risk of mucociliary damage by the procedure and rising prevalence of respiratory disorders in neonates. Incorporation of innovative features such as alarm management in the instrument and increasing investment in R&D by local and regional players are estimated to boost the market growth for invasive ventilations during the forecast period.

Based on end-user, the market is segmented into hospitals, clinics, ambulatory surgical centers, and homecare settings. The hospitals segment accounted for a significant market share in 2016 due to the high cost of invasive humidifiers and positive reimbursement policies. This segment is expected to continue to dominate the market during the forecast period owing to rising prevalence of respiratory disorders such as COPD and asthma and increasing geriatric population in developed countries of North America at an alarming rate.

Geographically, the market is segmented into five major regions, which are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America generated the highest revenue in 2016 due to the introduction of invasive humidifiers in the market, which adjust the temperature and humidity of gas according to patients’ need. The insufficient warmed-up air provided by the traditional humidifiers, which doesn’t carry enough moisture particles damages the epithelial layer of nasal mucosa. It is a major factor boosting the market growth of respiratory humidifiers in Asia Pacific. However, North America is expected to continue to dominate the market during the forecast period owing to the rising incidence of the mucociliary impairment in neonates.

Key players operating in the global Respiratory Humidification Market are WILAmed GmbH, Fisher & Paykel Healthcare, Respironics, Inc., ResMed, Teleflex Incorporated, DeVilbiss Healthcare, Smiths Medical, Flexicare Medical Limited, and Humi.AIDE.

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Blood Pressure Transducers Market Valuable Growth Prospects and Upcoming Trends Till 2030

Blood Pressure Transducers Market: Introduction

  • The pressure of blood flowing through blood vessels and arteries can cause harm to organs when it remains too high for a longer time. Wearable ultrasound transducer is a less invasive device used for blood pressure measurement.

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Key Drivers and Opportunities of Global Blood Pressure Transducers Market

  • Risk of high blood pressure increases with age. Hence, surge in geriatric population is anticipated to boost the growth of the global market. According to United Nations statistics, the global population aged 80 years or above stood at 125 million in 2015. It is expected to rise to 202 million and 434 million in 2030 and 2050, respectively. Japan is home to the world’s largest geriatric population, with 33% of the population aged 60 and above in 2015. The percentage is expected to reach 38% by 2050. In Italy, Germany, and Finland, 29%, 28%, and 27% of the population is aged 60 or above. According to Canada Statistics, incidence of high blood pressure is 90% and hypertension affects nearly 1 in 4 adults in Canada. In 2018, an estimated 5,360,000 people had high blood pressure in the country.
  • Moreover, increase in use of portable and personalized devices owing to rise in awareness among the population is likely to augment the global market. Furthermore, surge in adoption of technologically advanced products owing to a number of benefits is projected to drive the global blood pressure transducers market.
  • Developing markets in regions such as Asia Pacific, Middle East & Arica, and Latin America offer significant opportunities in the market. Rise in prevalence of hypertension and increase in geriatric population in emerging countries present lucrative opportunities in the market. Moreover, governments in developing countries are taking initiatives to spread awareness and improve health care infrastructure. This in turn offers significant opportunity in the market.

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North America to Capture Major Share of Global Blood Pressure Transducers Market

  • North America is projected to account for major share of the global blood pressure transducers market during the forecast period due to well-established health care infrastructure and presence of key players
  • The blood pressure transducers market in Asia Pacific is expected to grow at a rapid pace during the forecast period owing to rise in awareness, demand for newer technologies, and large patient pool. Moreover, untapped market and surge in number of untreated cases of high blood pressure boost the growth of the market in the region.

Key Players Operating in Global Blood Pressure Transducers Market

The global blood pressure transducers market is highly consolidated due to the presence of small number of key players. These companies hold major share in their respective regions. Demand for blood pressure transducers has increased in emerging as well as developed markets.

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Industry players are adopting practices of appointing third-party distributors to expand their market presence. This has led to a surge in the number of distributors and suppliers in emerging markets. Henleys Medical is a supplier of B. Braun Melsungen AG’s blood pressure transducers.

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Major players operating in the global blood pressure transducers market are:

  • B. Braun Melsungen AG
  • ICU Medical
  • Merit Medical Systems
  • Koninklijke Philips N.V.
  • Argon Medical Devices, Inc.
  • Biosensors International Group, Ltd.
  • FISO Technologies, Inc.
  • ADInstruments
  • Harvard Apparatus
  • Elcam Medical
  • CODAN Companies
  • BL Lifesciences
  • BIOPAC Systems, Inc.
  • Other Prominent Players

Global Blood Pressure Transducers Market: Research Scope

Global Blood Pressure Transducers Market, by Technology

  • Digital
  • Wearable
  • Others

Global Blood Pressure Transducers Market, by Type

  • Disposable
  • Reusable

Global Blood Pressure Transducers Market, by End-user

  • Hospitals & Specialty Clinics
  • Ambulatory Surgical Centers
  • Others

Global Blood Pressure Transducers Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

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OTC Braces & Supports Market Sales and Consumption Status and Prospects Professional Market Research Report

OTC Braces & Supports Market: Introduction

  • Orthopedic braces & supports are widely used for the treatment of ankle sprains and knee ligament injuries suffered during sports activities. These braces & supports are intended for providing support, compression, and joint stability to alleviate pain caused due to chronic conditions such as arthritis and sports injuries.

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  • Braces & supports find applications in osteoarthritic care, post-operative care, injury prevention, and injury rehabilitation. OTC braces and supports are extensively used for treatment of cerebral palsy, scoliosis, spinal cord injury, and spina bifida, and other stroke effects.
  • Sophisticated design of OTC braces & supports, cost-effectiveness, and ease of availability contribute to the growth of the global market. Additionally, these are used by athletes and sportspersons to avoid injuries.

Key Drivers and Restraints of Global OTC Braces & Supports Market

  • The global OTC braces & supports market is anticipated to be driven by rise in prevalence of orthopedic diseases and increase in number of accident-related injuries
  • Rise in prevalence of osteoporosis among people, primarily the baby boomer population, boosts the growth of the global OTC braces & supports market. Prevalence of osteoporosis is considered to be higher in men than women
  • Ease of availability of OTC braces & supports for preventive care and ambulatory procedures fuels the growth of the global market
  • However, availability of alternative treatments, lack of customizable options, and changing patient preference against braces & supports are likely to hamper the growth of the global OTC braces & supports market

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North America to Lead Global OTC Braces & Supports Market

  • In terms of region, the global OTC braces & supports market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • North America dominated the global OTC braces & supports market in 2019, owing to presence of leading players, increase in product approvals, well-established health care infrastructure, and high prevalence of orthopedic diseases and sports injuries
  • Europe was the second largest market for OTC braces & supports in 2019. Asia Pacific is projected to be the fastest growing market for OTC braces & supports, followed by Latin America and Middle East & Africa. Rise in focus of governments of countries in Asia on enhancing health care facilities, increase in focus of players on leveraging opportunities offered by emerging economies, and surge in prevalence of osteoporosis and orthopedic injuries among people are expected to augment the OTC braces & supports market in the region.

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Key Players Operating in Global OTC Braces & Supports Market

Leading players in the global OTC braces & supports market are:

  • KineMedics
  • Bauerfeind AG
  • Össur Hf
  • DJO Finance LLC
  • Breg, Inc.
  • DeRoyal Industries, Inc.
  • Ottobock Holding GmbH & Co. KG
  • Zimmer Biomet Holdings, Inc.
  • Becker Orthopedic
  • medi GmbH & Co. KG
  • BSN medical

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Global OTC Braces & Supports Market: Research Scope

Global OTC Braces & Supports Market, by Product

  • Ankle Braces & Supports
  • Foot Walkers and Orthoses
  • Knee Braces & Supports
  • Hand & Wrist Braces and Supports
  • Facial Braces & Supports
  • Others

Global OTC Braces & Supports Market, by Type

  • Hinged Braces & Supports
  • Hard & Rigid Braces and Supports
  • Soft & Elastic Braces and Supports

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Global OTC Braces & Supports Market, by Application

  • Ligament Injury Repair
  • Osteoarthritis
  • Preventive Care
  • Compression Therapy
  • Others

Global OTC Braces & Supports Market, by Distribution Channel

  • Online Channels
  • Retail Pharmacies
  • Others

Global OTC Braces & Supports Market, by Region

  • North AmericaU.S.
  • Canada
  • EuropeGermany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia PacificChina
  • India
  • Japan
  • Australia & New Zealand
  • Rest of Asia Pacific
  • Latin AmericaBrazil
  • Mexico
  • Rest of Latin America
  • Middle East & AfricaGCC Countries
  • South Africa
  • Rest of Middle East & Africa

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Heavy Duty Lathe Machine Market Share, Growth, Trends, and Forecast, 2020 -2030

Heavy Duty Lathe Machine Market: Introduction

  • A heavy duty lathe machine is a significant machine tool used to make components and parts of desired size and shape from different materials such as steel, iron, metal alloys, and wood. Various operations conducted on the machine include boring, facing, drilling, turning, chamfering, threading, and grooving. Major parts of heavy duty lathe machines include the bed, headstock, tailstock, and carriage. Manufacturers of lathe machines offer standard products as well as customized machines depending on the requirements of end-use industries.

Key Drivers of the Global Heavy Duty Lathe Machine Market

  • Rapid industrialization and increasing use of heavy duty lathe machines for high-end industrial operations is estimated to drive their demand. Low maintenance machines with automatic operation systems are experiencing strong demand across automotive and power generation industries.
  • Also, manufacturing companies are increasingly investing in CNC (Computer Numerical Control) machines to enhance the production capacity. End-use industries prefer low maintenance and high performance machines to perform a range of machining activities.

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Opportunities in the Global Heavy Duty Lathe Machine Market

  • The expansion of potential industries such as automotive, paper mills, and power generation is anticipated to offer significant growth opportunities for the heavy duty lathe machine market. Automotive industry requires bulk production of certain components and involves batch production systems to produce different parts at regular intervals.

Asia Pacific Recognized as the Major Market for Heavy Duty Lathe Machines

  • By geography, the global market is classified into South America (SA), North America (NA), Europe (EU), Middle East & Africa (MEA), and Asia Pacific (APAC).
  • Country-level bifurcation of the North America heavy duty lathe machine market includes forecast and analysis for the U.S., Canada, and Rest of North America. Country-level analysis and forecast for the Europe market includes historical and forecast analysis of the heavy duty lathe machine market in the U.K., Germany, France, and Rest of Europe. Country-level analysis and forecast for the Asia Pacific market includes major countries in the region such as India, China, Japan, and Rest of Asia Pacific. Middle East & Africa country-level analysis and forecast includes GCC countries, South Africa, and Rest of Middle East & Africa. The South America heavy duty lathe machine market is categorized into Brazil, and Rest of South America.
  • Asia Pacific is witnessing strong investment across various industries to expand the local manufacturing base. Moreover, governments across major countries such as India and China are promoting the establishment of startups to enhance economic development and international trade.

Key Players Operating in the Global Market

Robust investment in research and development projects and adoption of latest technology are the key business strategies of industry participants. Moreover, manufacturers are using advanced raw materials for machine fabrication to improve efficiency and overall performance. Collaborations and partnerships with international dealers and distributors enables effective sales and marketing in overseas markets.

In December 2018, Yamazaki Mazak Germany announced partnership with Orderfox.com to enable the purchase of used and new CNC machines on the Orderfox.com machinery exchange platform.

Some of the major companies identified in the global heavy duty lathe machine market are:

  • Vinit Engimech Pvt Ltd.
  • Yamazaki Mazak Pvt. Ltd.
  • BANKA Machine
  • Dalian Machine Tool Corporation
  • DMG Mori Seiki Co., Ltd.
  • Okuma Corporation
  • TDT Machine Tools Ltd
  • Samsung Machine Tools
  • Esskay International Machine Tools,

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Analysis Forecast Business Featured Headlines Marketing News Technology

Workforce Development Services Market 2020 Future Insights on Global Size, Trends, Growth Opportunities

Workforce development services is a particular point of services that includes for employment workforce information, its education and training services. Workforce development services advance the skills of workers of all ages to improve their career prospects.

Workforce development services can benefit federal, state, and local agencies, adult schools, training organizations, labor unions, philanthropic organizations, researchers, and public workforce agencies among others. These services promote a seamless progression from educational, training, and workplace learning options to employment, by implementing innovative and evidence-based practices for job seekers.

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Global Workforce Development Services Market: Dynamics

  • Increasing adoption of workforce development services in small and medium sized organizations is likely to be one of the most important opportunities in the global market. Since these organizations are unaware of the benefits of workforce development service, as it is highly expected to grow in the coming couple of years.
  • Automation is also bolstering the demand for workforce development services across the world. Automation is likely to help workforce development services by improving accuracy, cutting down the labor cost, and offering mobile access to workforce development services.
  • Lack of awareness about workforce development services is an important factor restraining the growth of the global workforce development services market.

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North America to Account for Major Share of the Global Workforce Development Services Market

  • In terms of region, the global workforce development services market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • North America is anticipated to lead the global workforce development services market, due to high adoption of workforce development services. The U.S and Canada are expected to be major contributors to the North American market. Enterprises in the region are the most progressive in terms of adoption of Artificial Intelligence (AI), Machine Learning (ML), and cloud adoption, thereby boosting the growth of the workforce development services market
  • The workforce development services market in Asia Pacific is expected to hold significant share due to rising adoption of workforce development services to integrate daily operations and the necessity to operate as a unified enterprise. This is expected to fuel the growth of the workforce development services market across Asia Pacific.

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Key Players Operating in the Global Workforce Development Services Market

  • AllenComm
  • CARA Group Inc.
  • CTU Training Solutions
  • Dale Carnegie Training
  • Eton Institute
  • Global knowledge
  • IIL India
  • GP Strategies
  • InfoPro Learning
  • LearnQuest
  • NIIT Limited
  • Pearson
  • Raytheon Company
  • Skillsoft
  • Simplilearn
  • Velociteach
  • Bizlibrary
  • Degreed
  • Litmus
  • Wilson Learning Worldwide Inc.

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