Earwax removal aids are the medical tools used to remove earwax caused due to excessive formation of cerumen. The earwax removal aid includes micro-suction device, earwax removal irrigation kits, earwax removal drops, earwax removal loops, earwax removal syringes, and portable ear cleaning devices.

According to the Fact.MR report, retail sales, especially in developing regions, is projected to show remarkable growth, due to easy availability of over-the-counter earwax removal aids.

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The healthcare industry is consistently witnessing an uplift in the number of ENT surgeries every year, globally, due to rising prevalence of ENT-related disorder. Around 3-5% of ear disorders is because of earwax impaction. It is also due to the adoption of improper treatment method with self-analysis by the individual with earwax impaction. The traditional practices increase the disease morbidity, and at a certain point, it requires urgent medical attention. This is the major factor responsible for the growth of the earwax removal aid market.

Use of earwax removal kits among adults are likely to grow in the coming years, as carelessness, and negligence of cerumen impaction symptoms along with high adoption of self-diagnosis treatment continue to increase the risk of infection, affecting the ear-health adversely. This has led to high usage of earwax removal aid among this age group.

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Social media plays a vital role in raising awareness regarding ear-health among large number of population. With the significant development of digital platforms, a majority of the population have a YouTube channel or an Instagram account, thereby making it easy to raise awareness among wide range of population. Many people have uploaded their videos of going through an earwax removal process on YouTube and Instagram, which has millions of viewers. This trend of the social media platform has upsurge the awareness, and in turn, increased the treatment-seeking population.

Sale of products through online platforms such as Amazon, Flipkart, eBay, and others are gaining momentum among manufacturers, and are expected to drive the demand for earwax removal aid devices. Also, costs of the earwax removal aids are very economical and many generic products are available in the earwax removal aids market. Moreover, the average selling price of the earwax removal aids is expected to decrease in the forecast period.

The earwax removal aid is largely adopted in the home care settings, because it is easily available in drug stores, retail pharmacies, and online sales channels. Also, one can purchase the earwax removal aid over-the-counter. Due to self-diagnosis trend, many people prefer to use earwax removal aid at their home.

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The study finds that healthcare professionals and surgeons are demanding for operating rooms equipped with technically advanced devices that provide greater flexibility and ease of handling in order to ensure improved operational efficiency and better patient care system. Moreover, hospitals are heavily investing to upgrade operating rooms to reduce post-operative trauma and hospital stays for patients. These factors are directly influencing the global expansion of operating room equipment market. Further, growing adoption of various complex surgical equipment ranging from movables imagining system to operating room lights in hospitals and ambulatory surgical centers is foreseen to guide the future of global operating room equipment market.

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In the recent times, electrosurgical technologies have been gaining rising momentum among manufacturers in operating room equipment market, which enable treatment such as incision of sealing wounds using electrical energy. Apart from this trend, healthcare professionals are showing strong preference for advanced surgical procedures that use patient imaging scans and virtual reality as compared to conventional techniques for treating medical infections and diseases. Owing to these factors, global operating room equipment market is anticipated to project a robust growth in the coming years.

In 2017, operating room equipment market in North America crossed a value of US$ 10.5 billion, accounting for relatively high revenue share in the global scenario. Rising prevalence of chronic diseases, surge in number of ambulatory surgical clinics, and high healthcare expenditure in the region is likely to drive the growth of North America operating room equipment market. Meanwhile, APEJ is envisaged to emerge as an attractive region for operating room equipment market, backed by government initiatives for the development of healthcare infrastructure lined with growing number of hospitals as well as healthcare professionals.

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According to the Fact.MR study, worldwide sales of movable imaging system collected a revenue of more than US$ 7.9 billion in 2017, and will continue to account for relatively large percentage share of operating room equipment market in 2018. Biomedical systems, on the other hand, is likely to witness an increasing demand in the coming years, representing second highest revenue growth in the global market of operating room equipment.

The study opines that hospitals will remain the largest end user of operating room equipment across the globe, holding a value share of more than 80% in 2017. Surge in the number of hospitals, especially in emerging economies, and upgrade in operating rooms with technically advanced devices will possibly push the demand for operating room equipment in hospitals.

The study highlights detailed profiles of leading players in the global operating room equipment market which include Getinge AB, Stryker Corporation, Steris Plc, Hill-Rom Holdings, Inc., General Electric Company, KARL STORZ GmbH & Co. KG, Mizuho OSI, Inc., Medtronic, plc, Koninklijke Philips N.V., and Dragerwerk AG & Co. KGaA.

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The study assesses macro and microeconomic factors that define the growth prospects of the MRI-guided radiation therapy systems market. It finds that leading players in the rapidly-growing healthcare sector are vying for new techniques in cancer treatment to compensate for involuntary patient movements and improve precision to a much higher degree. In addition, the paradigm shift in preference of cancer patients towards radiation therapies, from invasive to non-invasive procedures, is expected to remain instrumental in adoption of MRI-guided radiation therapy systems in cancer care.

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The study opines that hospital, with over 51% revenue share, will remain the target customer for players in the MRI-guided radiation therapy systems market in 2019. Opportunities abound for of MRI-guided radiation therapy system developers,, with ongoing clinical development of high-tech procedures exploiting Linac MR-RT (Linear accelerators integrated with magnetic resonance radiotherapy).

The study also finds that radiotherapy centers are adopting technologically-advanced MRI-compatible radiation models, to explore numerous possibilities to make radiotherapy treatment more effective. Market players are focusing on building a successful consortium with the help of physicians, clinicians, as well as Original Equipment Manufacturers (OEMs), to tap opportunities in the radiation therapy centers.

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The study opines that the increasing healthcare expenditure in the United States (U.S.) will remain a key growth determinant of the MRI-guided radiation therapy systems market in North America. In 2017, the per capita health expenditure was over US$10,000 in the U.S., recording an increase of nearly 4% over 2016, according to studies. In addition, an alarming rise in the prevalence of cancer in the U.S. will reflect in a significant demand for MRI-guided radiation therapy systems in North America.

According to the study, North America accounted for 45% sales of MRI-guided radiation therapy systems in 2018. Healthcare organizations in the region are investing heavily in tech-driven radiation treatments for cancer. While demand remains robust in developed markets, developing economies are also emerging as attractive markets for MRI-guided radiation therapy systems. Increasing government investments in healthcare infrastructure in the region, are expected to create new opportunities for the players in the MRI-guided radiation therapy systems market.

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The global optometry equipment market is expected to experience promising growth over the forecast period. The report attributes this growth outlook to an increase in the geriatric population and the subsequent rise in prevalence of Asthenopia (eye strain). Vision loss has been among the most widespread conditions worldwide, particularly in aging population that is more prone to diabetes. This, according to Fact.MR’s research, is accounting for complications in procedures, such as retinopathy leading to vision impairment, which is another factor fueling the growth of optometry equipment market.

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While an increasing number of cataract and glaucoma cases continues to underscore the criticality of pushing the accessibility and affordability of eye care, the report finds that a growing number of multi-specialty clinics, hospital OPDs, and dedicated eye care centers will be a prominent booster. Improving coverage for vision care, particularly in developing economies, is contributing to the efforts in increasing affordability of ophthalmic care, which remains a strong factor boosting sales of optometry equipment over the forthcoming years.

Technological advancements in optometry equipment have significantly reduced the cost of treatment, which can be attributed to improvements in processes, efficiency, and efficacy of optometry equipment. North America continues to reap the first-mover advantage, as technology remains the cornerstone of steadily expanding optometry equipment landscape. The region, owing to strong presence of practicing ophthalmologists and favorable reimbursement scenario, remains the prime market for the stakeholders in optometry equipment market.

The study opines that Europe is also a developing a lucrative investment pocket for participants, banking on rapidly soaring sales of diagnostic and screening equipment. Fact.MR’s analysis indicates that North America and Europe currently contribute a collective share of ~3/5^th of total market revenues.

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An increasing number of optometry equipment clinics & hospitals are being set up across various countries across the globe to meet the needs of the increasing number of patients suffering from eye problems, which is boosting the demand for optometry equipment for onsite installation. For instance, in 2013–2014, the number of hospital visits by patients has increased significantly in the U.K., which has crossed over 100 million outpatient appointments. Of these, 10% were only for eye care, thus boosting the usage and demand of optometry equipment.

The optometry equipment market landscape comprises a select set of national/regional chains and over 10,000 independent providers. Small industry players, which include local manufacturers operating in the optometry equipment market, are looking to expand their network and broaden their reach to patients and referral networks. There has been thus a considerable increase in the number of strategic mergers and acquisitions in the optometry equipment market landscape, over the recent past.

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The study opines that increasing traction of autologous fat grafting as a promising method for breast augmentation, continues to expand the bandwidth of opportunities for the stakeholders in the development of products and accessories. Gains from autologous fat grafting used for breast augmentation will account for ~50% market shares in 2019.

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Autologous fat grafting is emerging as a promising and safer alternative to breast augmentation procedures. Key players in the market are leveraging mergers and acquisitions based strategies to gain a strong hold in the market. For instance, in June 2019, Innova Medical partnered with Medical Device Resource Corporation to present their plastic and cosmetic surgery customers with holistic and diverse autologous fat grafting product options. 

Sensing varied requirements of autologous fat grafting procedure, a range of products have been developed and introduced to the market, which range from accessories and integrated fat transfer systems, to fat processing systems. Demand for accessories continue to grow at a relatively faster rate, with sales estimated to account for ~60% shares in 2019 and the foreseeable future. Fat harvesting cannulas will remain the top-selling accessory of autologous fat grafting, with sales estimated to record ~20% Y-o-Y in 2019 over 2018. 

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According to the study, North America will remain the leading market for autologous fat grafting, accounting for ~40% share in 2019. Favorable reimbursement policies apropos of the dermatology procedures and aesthetic medicine continue to augur well for growth of the autologous fat grafting market in North America. Promising areas of research in the autologous fat grafting have come to the fore, with targeted experiments on tissue engineering constructs, ASC culture and expansion, converging with the clinical reconstructive processes. 

Growing adoption of integrated fat transfer systems to remove local deposits of excess fat via minimal incision, and for transferring the tissue back to the patient, have significantly driven the demand for integrated fat transfer systems. Additionally, there has been a notable rise in the use of liposuction systems in autologous fat grafting, owing to their ability to effectively reduce surgeon fatigue, while offering a safer and more precise solution that results in faster recovery for patients. 

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Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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The global peptide based metabolic disorders therapeutics market is anticipated to show a value more than US$ 8 Bn and expected to grow at a robust rate during the period of forecast. North America expected to grow at the highest CAGR to reflect a growth rate of 10.6% during the period of forecast as well as dominate the global market in terms of market share by revenue, as of 2017. It can be said that this trend would be followed, considering the technological developments, and the higher investments in the healthcare industry that this segment portrays, and retain its dominant position by the end of 2022.

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Asia-Pacific excluding Japan (APEJ) region also anticipated to grow at a similar growth rate as of North America region, yet does not portray high market share by revenue. The market share by revenue of APEJ is less than one third than that of North America region and less than half of the market revenue share of the Europe region.

Liraglutide segment by drug class is expected to grow at a robust rate during the period of forecast and dominates the market by drug class in terms of market share by revenue as of 2017. However, the growth rate of this segment is comparatively low than that of the other two segments by drug class. Hospital pharmacies segment reflect higher market share by revenue and a well off growth rate during the period of forecast. But it is bound to lose BPS by the end of 2022. The retail pharmacies segment stands second as far as market share by revenue is concerned, and it has a higher growth rate than the hospital pharmacies segment. The online pharmacies segment is the fastest growing segment by distribution channel, and is expected to register a CAGR of 11.8% during the period of forecast. Yet, this segment has low market share by revenue as compared to the other two segments. It is also anticipated that the online pharmacies segment will gain a huge BPs by the end of 2022.

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The report has also profiled leading players in the global market for peptide based metabolic disorders therapeutics, which would remain active through 2022. These include companies like Bachem Holding AG, AstraZeneca PLC, Teva Pharmaceutical Industries Ltd., PolyPeptide Group, Novo Nordisk A/S, Merck & Co., Inc., Ipsen S.A, Eli Lilly and Company, and CordenPharma International.

Ongoing research and development activities have maintained their focus on treatments for human ailments. The peptide therapeutics is used to treat various ailments, one such being the metabolic disorders. The global peptide based metabolic disorders therapeutics market is positively impacted by factors such as efficacy, safety, innovations in drug discovery, easy synchronization, stability, etc. Moreover, in addition to these factors, certain economic aspects also fuel the growth of the global peptide based metabolic disorders therapeutics market. The increasing investment in the healthcare industry and in research, the technological advancements, rise in biotech and pharmaceutical companies dealing with peptides. The increase in the metabolic disorder rate has made it imperative to develop new treatments with peptides and this has spurred the adoption of peptide therapeutics in the treatment of metabolic disorders, thereby contributing to the growth of the global peptide based metabolic disorders therapeutics market.

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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The study finds that the rising demand for breathalyzer s in the government agencies for law enforcement applications will continue to gain traction in 2019 with an estimated valuation of US$ 250 Mn by the year end. Such proliferated rate of adoption of breathalyzer s has encouraged the manufacturers to devise feature-rich and portable devices with utmost efficiency. As a result, a notable shift towards the convergence of technological innovation and breathalyzer  devices is witnessed with an aim to provide utmost accuracy.

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“breathalyzers are gaining popularity as a crucial diagnostic equipment in medical settings for the detection of multiple diseases, owing to the cost-efficiency, ease of use, and portability that these devices offer. With their extended applications in the diagnostics centers, the global breathalyzer  market is poised to witness promising growth prospects,” says the Fact.MR report.

Rising trends of alcohol consumption in parallel to the growing number of cars used as the primary mode of transportation have resulted in a large number of road accidents. As a result, surging demand for determining the blood alcohol content (BAC) from the government agencies is projected to positively impact the growth of the global breathalyzer  market, especially in North America. According to the U.S. law, individuals with a BrAC level of 0.08% and over are prosecuted. In such cases, breathalyzer s are used as crucial evidence for criminal trials. In addition to alcohol, there is a notable increase in the proclivity of individuals for drugs consumption. As a result, the manufacturers of the breathalyzer  market have been endeavoring towards enhancing the functionality of their products to detect the cases of drug abuse.

According to the report, breathalyzer s also find their applications in the medical field. Surging demand for breathalyzer s in diagnostics centers and hospitals is attributed to the excellent ability of such devices to diagnose asthma, tuberculosis, and pylori infection, which in turn, eliminates the need for multiple blood sample tests. This paves way for the growth of the global breathalyzer  market.

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Fact.MR predicts limited growth opportunities for the global breathalyzer  market, owing to the inefficiency of the devices to detect alcohol from other chemical compounds consisting of a methyl group structure. Additionally, lip glosses, mouthwash, dentures, and asthma inhalers can modify the results of the devices. Such inaccuracies in the results could pose a challenge to the adoption rate of these devices. Another crucial restraint for the breathalyzer  market is the unhygienic conditions and rising health concerns, owing to which drivers hesitate to undergo such tests.

As per the report, fuel cell technology is more favored over semiconductor sensor technology, on account of its portability, alcohol specificity, and accuracy. Fact.MR forecasts that the fuel cell segment will register a valuation of over US$ 380 Mn in the breathalyzer  market by 2019. The technology holds over half of the total revenue acquired by the global breathalyzer market and it is predicted to hold the largest share in the technological segment with North America contributing massively to its growth.

The Fact.MR research report analyzes the breathalyzer market for the period 2012 – 2022. According to the study, the global breathalyzer market is expected to grow at a promising CAGR through 2022.

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

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The study opines that fermentation has become an integral part of drug and toll manufacturing, as firms seek to produce core compounds that can be further used in forming final products.

Funding for early stage advanced biotechnology is increasing and companies commercializing fermentation-sourced technologies are either building their own demonstration-scale facility or using existing contract manufacturing organizations (CMOs). Several pharmaceutical companies are increasingly leveraging contract pharmaceutical fermentation services, which as per Fact.MR is likely to contribute over nearly US$ 2,400 million by value by 2026-end.

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The Fact.MR study opines that the growing prevalence of various diseases has been accelerating demand for pharmaceutical products which is further propelling pharmaceutical firms to associate with contract pharmaceutical fermentation services’ providers. Together they can introduce highly unique and advanced molecules at a fast pace. Furthermore, the growing prevalence of a wide range of diseases, such as diabetes, cancer, hemophilia, rheumatoid arthritis, myocardial infarction, anemia, etc., has triggered demand for bulk pharmaceutical products with myriad applications in disease management.

As per the American Diabetes Association (ADA), over 30 million Americans developed diabetes in 2015, which is 9.4% of the total population. The ADA concluded that nearly 1.5 million Americans get diagnosed with diabetes every year. The Fact.MR study opines that drug commercialization to CMOs/CDMOs in tandem with growing focus to alleviate the operating costs via outsourcing of R&D is driving efficiency of value chain. Furthermore, outsourcing at the later stages of drug development to a contract pharmaceutical fermentation services provider is also leading to improved efficiencies across the value chain.

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According to Fact.MR, leading players in contract pharmac

The study opines that fermentation has become an integral part of drug and toll manufacturing, as firms seek to produce core compounds that can be further used in forming final products.

Funding for early stage advanced biotechnology is increasing and companies commercializing fermentation-sourced technologies are either building their own demonstration-scale facility or using existing contract manufacturing organizations (CMOs). Several pharmaceutical companies are increasingly leveraging contract pharmaceutical fermentation services, which as per Fact.MR is likely to contribute over nearly US$ 2,400 million by value by 2026-end.

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The Fact.MR study opines that the growing prevalence of various diseases has been accelerating demand for pharmaceutical products which is further propelling pharmaceutical firms to associate with contract pharmaceutical fermentation services’ providers. Together they can introduce highly unique and advanced molecules at a fast pace. Furthermore, the growing prevalence of a wide range of diseases, such as diabetes, cancer, hemophilia, rheumatoid arthritis, myocardial infarction, anemia, etc., has triggered demand for bulk pharmaceutical products with myriad applications in disease management.

As per the American Diabetes Association (ADA), over 30 million Americans developed diabetes in 2015, which is 9.4% of the total population. The ADA concluded that nearly 1.5 million Americans get diagnosed with diabetes every year. The Fact.MR study opines that drug commercialization to CMOs/CDMOs in tandem with growing focus to alleviate the operating costs via outsourcing of R&D is driving efficiency of value chain. Furthermore, outsourcing at the later stages of drug development to a contract pharmaceutical fermentation services provider is also leading to improved efficiencies across the value chain.

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According to Fact.MR, leading players in contract pharmaceutical fermentation services market are increasingly focusing on rationalization to lure more pharmaceutical companies. This can be attributed to manifold benefits of outsourcing processes, as they help firms free up their resources, facilities, and staff to focus on other critical operations of the company. With this trend gaining immense traction owing to its numerous benefits for companies, the contract pharmaceutical fermentation services market is anticipated to witness steady growth. The Fact.MR report on contract pharmaceutical fermentation services market indicates healthy growth in the adoption of contact pharmaceutical fermentation services in 2020 over 2019.

According to the study, high production costs and complexities linked to contract pharmaceutical fermentation services could dampen the growth of global contract pharmaceutical fermentation services market during the forecast period. With large-scale fermentation posing a threat to contract pharmaceutical fermentation services market, the providers of contract pharmaceutical fermentation services are prompted to invest heavily in setting up their businesses and for recruiting technically-empowered staff.

Geographically, the report on contract pharmaceutical fermentation services market opines that North America is likely to lead the contract pharmaceutical fermentation services market, undergird by proliferating pharmaceutical industry in the region. This region will be closely trailed by Europe in the race of adding highest value to the global contract pharmaceutical fermentation services market.

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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eutical fermentation services market are increasingly focusing on rationalization to lure more pharmaceutical companies. This can be attributed to manifold benefits of outsourcing processes, as they help firms free up their resources, facilities, and staff to focus on other critical operations of the company. With this trend gaining immense traction owing to its numerous benefits for companies, the contract pharmaceutical fermentation services market is anticipated to witness steady growth. The Fact.MR report on contract pharmaceutical fermentation services market indicates healthy growth in the adoption of contact pharmaceutical fermentation services in 2020 over 2019.

According to the study, high production costs and complexities linked to contract pharmaceutical fermentation services could dampen the growth of global contract pharmaceutical fermentation services market during the forecast period. With large-scale fermentation posing a threat to contract pharmaceutical fermentation services market, the providers of contract pharmaceutical fermentation services are prompted to invest heavily in setting up their businesses and for recruiting technically-empowered staff.

Geographically, the report on contract pharmaceutical fermentation services market opines that North America is likely to lead the contract pharmaceutical fermentation services market, undergird by proliferating pharmaceutical industry in the region. This region will be closely trailed by Europe in the race of adding highest value to the global contract pharmaceutical fermentation services market.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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The Fact.MR study finds that glucose monitoring devices will continue to witness robust demand and dominate the home diagnostics market with over than 80% revenue share in the market. According to the World Health Organization (WHO), the number of people suffering from diabetes reached 422 million in 2014, and it will soon become a leading cause of death. Increasing prevalence of diabetes worldwide and the growing need for monitoring sugar levels among diabetes patients is likely to boost adoption of glucose monitoring devices during the assessment period. Home diagnostics market players are aware of the surging demand for glucose monitoring devices, and are focusing on increasing their product portfolio in this segment. The other lucrative segments in the home diagnostics market include pregnancy tests and ovulation prediction kits.

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Increasing preference for self-diagnosis continues to be a trigger for home diagnostics sales, whereas a combination of industry-specific and regulatory factors continue to influence the strategies of market players. Governing bodies such as the U.S. Food and Drug Administration (FDA) and the European Commission regulate home diagnostics with stringent quality control regulations and labeling requirements. Gaining EU CE mark, FDA 510(k) clearance, and FDA approved Premarket Approval Application (PMA) continues to be a primary focus for home diagnostics manufacturers who are looking to scale up their presence in developed markets. For instance, Abbott Laboratories, a leading pharmaceutical company in the U.S., recently got an FDA approval for marketing its FreeStyle^® Libre 14 day Flash Glucose Monitoring system in the U.S. ACON Laboratories, another prominent player in the home diagnostics market announced that it has received FDA clearance of Mission^® U120 urine reagent strips. According to the report, compliance to ever-evolving regulations and gaining regulatory approval remains both an opportunity and challenge for market players.

The report also finds that home diagnostics manufacturers are focusing on incorporating advanced technology to differentiate their offerings in the market. For example, Abbott Laboratories adopted next-generation sensor technologies to upgrade its FreeStyle Libre system (10 day) to the FreeStyle® Libre 14 day Flash Glucose Monitoring system with improved accuracy and better mean absolute relative difference.

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According to the report, although demand for home diagnostics is concentrated in developed countries, home diagnostics market players are putting efforts to boost uptake in developing regions. According to statistics published by WHO, the prevalence of diabetes has been the highest in middle and low-income countries.

Anticipating the burgeoning demand for glucose monitoring devices in emerging Asia, players in the home diagnostics market are shifting their focus towards developing nations, including China and India. ARKRAY, Inc. – a Japanese manufacturer in the home diagnostics market – recently announced that it will strengthen its diabetes testing instrument production capacity in China. Leading manufacturers in the home diagnostics market are modifying their marketing strategies to improve awareness about cost-effective and efficient home diagnostics to leverage lucrative opportunities in the Asia-Pacific region.

To learn more about how the key growth influencers are shaping the market landscape, request for the Sample Report at: https://www.factmr.com/connectus/sample?flag=S&rep_id=1892

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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The vestibular testing system market is segmented based on product type, end users and regions. Based on product type, the vestibular testing system market has been segmented into videonystagmography (VNG) systems; vestibular evoked myogenic potential (VEMP) system; rotary chair; and computerized dynamic Posturography (CDP). Among these four product types, the videonystagmography systems is expected to be the leading segment in the vestibular testing system market by 2018 end. The increasing adoption of VNG system for vestibular testing due to its low cost and ease of use, which is likely to contribute to the growth of the vestibular testing system market in the coming future. Based on end users, the vestibular testing system market is segmented into hospitals and private clinics. The hospitals segment is expected to account a relatively high revenue share in the vestibular testing system market, due to developing hospital infrastructure.

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FactMR delivers key insights on the global vestibular testing system market in its upcoming report titled “Vestibular Testing Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018 – 2028”. In terms of revenue, the global vestibular testing system market is projected to register a CAGR of 6.8% over the forecast period, owing to various factors, regarding which FMR offers detailed insights and forecasts in this report.   

A key trend witnessed in the vestibular testing system market is the promising result of videonystagmography systems and computerized dynamic posturography. Furthermore, the growing awareness about vestibular testing system, and present results by the major players to enhance product portfolio are the other key trends of global vestibular testing system market.

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North America is expected to be the dominant regional market for vestibular testing system, which accounted maximum revenue share of the market in 2017. The North America, Western Europe, and Asia Pacific markets collectively accounted more than 70% share of the global vestibular testing system market in 2017. In terms of revenue, APECJ is expected to expand at the CAGR of 8.0% over the forecast period, excluding China and Japan in vestibular testing system market.

Some of the key players operating in the global vestibular testing system market are Natus Medical Incorporated, balanceback (Vestibular Research & Development, LLC), BioMed Jena GmbH, Interacoustics A/S, Neuro Kinetics, Inc (NKI), Micromedical Technologies, Difra s.a., Synapsys, TECHNO CONCEPT, Framiral, etc. In this report, we have discussed the individual strategies followed by these companies regarding bringing improvements in their products, creating new manufacturing facilities, market consolidation and advanced R&D initiatives.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
E: info@factmr.com
Blog: https://theheraldmedia.com/