Acquisitions was the major growth strategy adopted by the majority players in global Biomaterials market

The biomaterials market is highly fragmented with players such as Royal DSM (Netherlands), Wright Medical Technology, Inc. (U.S.), Corbion N.V. (Netherlands), Zimmer Biomet Holdings, Inc. (U.S.), Bayer AG (Germany), Carpenter Technology Corporation (U.S.), Covalon Technologies Ltd. (Canada), Evonik Industries AG (Germany), BASF SE (Germany), Invibio Ltd. (U.K.), Berkeley Advanced Biomaterials, Inc. (U.S.), CAM Bioceramics BV (Netherlands), and Collagen Matrix, Inc. (U.S.).

Acquisitions, Agreements, collaborations, partnerships, & Joint Venture, new product launches and expansion, are major strategies adopted by the players to achieve growth in this market. Acquisitions accounted for 23% of the total strategies adopted by the players in this market. The key players that adopted this strategy include Royal DSM (Netherlands), Wright Medical Technology, Inc. (U.S.), Corbion N.V. (Netherlands), Zimmer Biomet Holdings, Inc. (U.S.), Heraeus Medical Components, Inc. (U.S), Collagen Solutions plc (U.K.), Ceradyne, Inc. (U.S.), Bayer AG (Germany), Purac Biomaterials (Netherlands), Hycail Finland Oy (Finland), DePuy Orthopaedics, Inc. (U.S.), Orthovita, Inc. (U.S.), and Noble Biomaterials, Inc. (U.S.).

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Agreements, alliances, partnerships, joint ventures, and collaborations accounted for 19% of the total number of key growth strategies adopted by players in the biomaterials market from 2012 to 2015. Players adopted these strategies to expand their product portfolios and customer base, and fortify their sales channels. The key players that adopted this strategy are Royal DSM (Netherlands), Wright Medical Technology, Inc. (U.S.), Carpenter Technology Corporation (U.S.), Corbion N.V. (Netherlands), Covalon Technologies Ltd. (Canada), Evonik Industries AG (Germany), Heraeus Medical Components, Inc. (U.S), Noble Biomaterials, Inc. (U.S.), and Exactech, Inc. (U.S.)

                                 Image Credit: Google

New product launches accounted for 18% of the total key growth strategies adopted by players in the biomaterials market from 2012 to 2015. Players adopted this strategy to strengthen their existing product portfolios. Key players that adopted this strategy are BASF SE (Germany), Invibio Ltd. (U.K.), Wright Medical Technology, Inc. (U.S.), Evonik Industries AG (Germany), DePuy Orthopaedics, Inc. (U.S.), Biomet, Inc. (U.S.), and Morgan Technical Ceramics (U.K.).

Expansions accounted for 18% of the total number of growth strategies adopted by players in the biomaterials market from 2012 to 2015. Players adopted this strategy to strengthen their networks, increase their global presence, enhance customer experience, and improve relationships with customers. The key players that adopted this strategy are Royal DSM (Netherlands), BASF SE (Germany), Corbion N.V. (Netherlands), Evonik Industries AG (Germany), Heraeus Medical Components, Inc. (U.S), Bayer AG (Germany), Materion Corporation (U.S.), DENTSPLY International Inc. (U.S.), and Morgan Technical Ceramics (U.K.).

Thus, acquisitions were adopted by the majority of players in the biomaterials market to strengthen their product portfolio, combine proprietary technologies in order to create a strong services portfolio and capture the clientele of the acquired company.

Hearing Aids Market Shows Signs of Growth in India and China over the Coming Years

Hearing aids are electronic devices made for amplifying sounds, especially speech, for people suffering with hearing impairments or loss of hearing. The worldwide market for hearing aids has experienced an increase in demand as a result of rising cases of hearing disorders. Moreover, the leading companies in this market are trying to develop more advanced hearing aids with enhanced features like wireless or digital hearing aids, which have led to more people opting for hearing aids than before. Therefore, the overall market for hearing aids is expected to witness a significant growth over the coming years.

Drivers for the Market

The ongoing significant growth of the global hearing aids market is being majorly influenced by the following factors:

• ·         Growing number of hearing loss disorders
• ·         Rising aging population
• ·         Advancements in technology

Apart from these, signs of high growth potential showed by emerging market have opened the gates to good opportunities for this market. However, higher costs of hearing aids and their low penetration rate is likely to hamper the growth if this market over the coming years.

Market Predictions

Estimated to grow at a CAGR of 6.3% between 2015 and 2020, the global hearing aids market which was valued to be USD 6,183.3 Million in 2015 is expected to reach USD 8,373.9 Million by 2020. Geographically, the market is dominated by Europe, followed by North America and Asia, and expected to continue dominating over the forecast period as well. However, Asia is expected to grow at the highest CAGR, with China and India being the key markets in this region.

On the basis of products, the hearing aid devices segment held the largest market share in 2015, mainly due to the growing technology and approvals on regulations. Based on type of hearing loss, the sensorineural segment is expected to take up the major share of this market, owing to the increasing cases of hearing loss. Among end-users, the adult segment accounted for the largest market share in 2015, with the rising aging population being the major driver of this segment.

Cochlear Limited (Australia), GN Store Nord A/S (Denmark), MED-EL (Austria), SeboTek Hearing Systems, LLC (U.S.), Sivantos Pte. Ltd. (Singapore), Sonova (Switzerland), Starkey Hearing Technologies, Inc. (U.S.), Widex (Denmark), William Demant Holding A/S (Denmark), and Zounds Hearing, Inc. (U.S.) are the major giants operating in the global market for hearing aids.

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Research Scope

The analysis and forecasts of the global hearing aids market has been done by breaking it down into following segments and sub-segments:

·   Products: Hearing Aid Devices (including receiver-in-the-ear, behind-the-ear, in-the-ear, canal   hearing aids, and others), Hearing Implants (including Cochlear implants and bone anchored systems)

·         Type of Hearing Loss: Sensorineural, Conductive

·         End-User: Adult, Pediatric

·         Geography: North America, Europe, Asia, RoW

Summary

The hearing aids market is majorly driven by the rising aging population and increasing prevalence of hearing disorders.

Anesthesia Monitoring Devices Market by Product & End User Forecast to 2020

The global anesthesia monitoring devices market report defines and segments the market with analysis and forecast of revenue. The global anesthesia monitoring devices market was valued at USD 820.9 million in 2014 and is projected to reach USD 1,616 million by 2020, at a CAGR of 12.0% from 2015 to 2020.

Anesthesia monitoring devices are available as a part of sophisticated multi-parameter patient monitors, or as a component of a high-end anesthesia workstation, or as a standalone unit. Technological changes as well as the growing usage of anesthesia monitors in the freestanding surgery centers are contributing to the increased growth of the anesthesia monitor devices market. The global market is expected to grow due to the rise in aging population, increasing number of surgeries, growing awareness among physicians, and advancements in technology. Despite this, high cost of anesthesia monitoring devices and the availability of conventional techniques are the major restraining factors of this market.

                                  Image Credit: Google

This market is segmented and forecasted on the basis of product, end user, and geography. The product comprises of advanced anesthesia monitors, basic anesthesia monitors, integrated anesthesia workstation, and others (IT enabled). The advanced anesthesia monitors are further subsegmented into anesthesia gas monitors, depth of anesthesia, standalone capnography monitors, and others (MRI compatible anesthesia monitors). On the basis of end user, the market is segmented into hospitals and ambulatory surgery centers. The market is further segmented and forecasted on the basis of major regions, which include North America, Europe, Asia-pacific and the rest of the world (RoW).

In 2014, 31.5% of the global anesthesia monitoring devices market was dominated by North America. The market in North America is growing due to increased patient safety and awareness among doctors and patients for low flow aesthetic agents. The European market, growing due to technological advancements, has been dominated majorly by Drägerwerk AG & Co. KGaA. However, the North American and European markets are moving toward the maturity phase.

This report also includes the market share, approaches for arriving at the market size, new technology developments, product matrix, life cycle analysis, Porter’s five forces analysis, and price analysis by product. In this report, market metrics are also included, such as drivers, restraints, and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profile of key players in the market, including major companies which provide anesthesia monitoring devices as a product.

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Breast Imaging Technologies Market Trends and Forecast by 2019

In 2013, the global breast imaging technologies market was dominated by GE Healthcare (U.K.), Hologic, Inc. (U.S.), Philips Healthcare (Netherlands), and Siemens Healthcare (Germany). Hologic, Inc. is the leader in the global mammography market and is expected to lead the market in the next five years as well. The company owns a wide product portfolio including a range of mammography systems, breast ultrasound systems, and MRI solutions. Selenia Mammography systems and Selenia Dimensions 3D Breast Tomosynthesis systems are some of the most popular brands of the breast imaging technologies offered by Hologic, Inc. As of September 2013, the company employed more than 5,615 people. It markets its products across North America, Europe, Central America, Australia, and Asia. The company’s wide range of product offerings coupled with its wide geographic presence enables it to maintain its leading position in the global breast imaging technologies market. Furthermore, the company focuses on research and development of innovative products as its key business strategy to ensure growth in the global breast imaging technologies market.    

                                                   Image Source: Google 

Besides, Hologic, Inc., GE Healthcare is also one of the major players in the global breast imaging technologies market. Over the past three years, the company has been focusing on strategic acquisitions, agreements, and joint ventures as its key business strategies in order to increase its share in the global breast imaging technologies market. The company has a wide product portfolio including mammography, computed tomography, and MRI (Magnetic Resonance Imaging) systems, which serve as an important factor for its future growth. SenoClaire, Discovery, VIBRANT, and IDEAL are the breast imaging system brands offered by the company. It has a strong geographic presence and large customer base.

In the global breast imaging technologies market, leading players are adopting the strategies of new product launches, product approvals, partnerships, agreements, collaborations, joint ventures, acquisitions, and expansions. Market players adopted these strategies to access new technologies, expand their product portfolios, enter the growing markets, and to increase their market shares. In addition to the top market players, companies such as Aurora Imaging Technologies, Inc. (U.S.), Dune Medical Devices (U.S.), SonoCine, Inc. (U.S.), and Toshiba Corporation (Japan), also primarily focus towards launching  new breast imaging systems, product approvals, and strategic agreements, partnerships, and collaborations to widen their customer base.

Major strategic developments are taking place in the field of 3D breast tomosynthesis and optical imaging technologies market, which exhibit high-growth potential in the near future. Dominant market players such as GE Healthcare (U.K.), Hologic, Inc. (U.S.), Koninklijke Philips N.V. (Netherlands), and Siemens AG (Germany) introduced several technologically advanced systems, and entered into strategic agreements and partnerships in order to keep pace with the industry trends. 

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Global Respiratory Care Devices Market trends and Forecast by 2020

The global respiratory care devices market is poised to grow at a CAGR of around 9.6% from 2015 to 2020. Factors such as rising incidences of respiratory diseases, increasing geriatric population, growing focus on monitoring respiratory diseases, rising demand for home healthcare, and growing Asian market are driving the growth of the respiratory care devices market.                

               

                                   Image Credit : Google 

In 2014, the therapeutic devices segment accounted for around 60% to 65% of the global respiratory care devices market. The key factor driving the growth of this market is the rising incidences of chronic diseases. In addition, the global growth in elderly population is expected to support the growth of the respiratory therapeutic devices market in the coming years. The rise in illness severity and hospitalization costs have led to the greater use of monitoring devices. 

Patients are advised by doctors to continuously monitor disease conditions before it aggravates. Patients also prefer continuous monitoring to prevent suffering at later stages and to prevent costly hospitalization. In addition, increasing research activities and financial support from public-private organizations are impelling the growth of the respiratory care devices market. Home care is the fastest-growing end-user market for respiratory care devices. Home care respiratory care devices are convenient and can be used in the comfort of a patient’s home. This is a key factor driving the growth of the respiratory care devices market for the home care segment. North America and Europe are the key respiratory care devices markets for the home care segment, owing to the presence of well-developed healthcare and health insurance infrastructure in these regions.

The APAC market is expected to witness the highest growth rate during the forecast period. Growth in this geographic segment can primarily be attributed to the presence of high-growth markets such as Japan, China, India, South Korea, Taiwan, Australia, and Singapore. Low labor costs and favorable regulatory environment in this region are expected to further propel market growth. China is expected to be the most lucrative market in the Asia-Pacific region during the forecast period, owing to factors such as the growing prevalence of lifestyle-related diseases such as obesity, decreasing mortality rate, and rising demand for home healthcare in the country.

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Radiotherapy Industry Research Forecast

Radiotherapy 

Radiotherapy which also known as radiation therapy or radiation oncology is a technique to damage or kill cancer cells and stop them from growing using x-rays, gamma rays, electron beams or protons. It is one of the most common treatments for cancer. It’s often part of the treatment for certain types of cancer, such as cancers of the head and neck, lung, bladder and Hodgkin disease. Many other forms of cancers are also treated with radiation therapy.

Principles of Radiotherapy

• Delivering of an optimal and balance dose to the tumor.
• Measures stimulating protective forces of the body.
• Minimal damage of surrounding organs & tissues.

Following types of radiation used to treat cancer

• Photons (x-rays and gamma rays), which are most widely used for cancer treatment
• Particle radiation (such as electrons, protons, neutrons and beta particles)

Radiotherapy Industry

Recent report published by MarketsandMarkets forecast that The global market, consisting of devices used in both systemic and blood-borne oncology treatment procedures, was valued at $4.4 billion in 2011 and is expected to reach $5.8 billion by 2016, at a CAGR of 5.3% from 2011 to 2016.

                                Radiotherapy Devices Market share analysis

                                         Image Source : MarketsandMarkets

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Dental Equipment Industry Details and Forecast

Dental Equipment

Dental equipment or Dental instruments specially used by dental professionals to perform the clinical related tasks. There are many types of dental equipment that are commonly used in dental practices, such as surgeries, cleaning and restoration of the teeth/tooth. Dental equipment tools are used by dentists--and also often by assistants--to examine, remove teeth, restore teeth as well as maintain the gums and the rest of the related problems. Dental equipment includes dental chairs, scaling units, hand pieces, CAD/CAM systems, instrument delivery systems, dental lasers, intra oral and extra oral radiology equipment, and CBCT scanners.

Classification of Dental Instruments

• General Equipment

S. No.	Equipment	Functions
1	Explorer	To Examine teeth for decay (caries), calculus, or canals and other anomalies
2	Dental Mirror	To provide indirect vision To retract lips, cheeks, and tongue To reflect light into the mouth
3	Ultrasonic Scalar Unit	To use with water-cooled ultrasonic tips, to remove calculus
4	Syringe	To rinse and dry specific teeth or entire oral cavity
5	Air/Water Tip	tip is inserted into a valve that will allow the dental professional to blow air or squirt water on the desired area in the mouth.

• Extraction/surgical Equipment

S. No.	Equipment	Functions
1	Wilson	The Wilson is the instrument that the dentist may use to pry back the gum tissue in performing an extraction.
2	Elevators	During the extraction process, elevator instruments are used to pry back the gum tissue and dig underneath the tooth in order to thrust the tooth upward for extraction.
3	Forceps	There are a variety of forceps used in extraction procedures.

• Reconstruction Equipment

S. No.	Equipment	Functions
1	Hand Piece	Commonly known as the drill, the dentist uses the hand piece along with a variety of different bits to eliminate the decay, prepare a tooth for a crown
2	Amalgam Carrier	The amalgam carrier consists of a small tube on one end and a large tube on the other end.
3	Plugger	After the amalgam is inserted into the tooth, the dentist uses the plugger to firmly pack the amalgam. This ensures all the air pockets are filled and allows the dentist to insert the maximum amount of amalgam.
4	Carver	The amalgam, which is inserted into the drilled portion of the tooth, needs to have a smooth surface that will allow the upper and lower teeth to fit together when the patient bites down.
5	Spatula	Whenever a tooth is capped, the crown, being either stainless steel or porcelain, will need to be glued to the remaining portion of the tooth. The assistant will use the spatula to mix the proper glue solution and powder to create the desired mixture.

• Dental Chair

Dental Chair is Designed to position patient comfortably while providing doctor and assistant easy access to oral cavity.

Some Images of Dental Equipment (Source Wikipedia)

Dental drills

Dental Mirror

                                                      Dental Chair

Dental Equipment Industry 

Recent report published by MarketsandMarkets forecast that the global market for dental equipment was valued at $4.5 billion in 2011 and is expected to reach $6.1 Billion grow at a CAGR of 5.8% from 2011 to 2016. Key player companies in the global dental equipment market include Danaher Corporation (U.S.), Sirona Dental Systems (U.S.), Planmeca Oy (Finland),  BIOLASE Technology Inc. (U.S.), Midmark Corporation (U.S.), Nakanishi Inc. (Japan), GC Corporation (Japan), Henry Schein Inc. (U.S.), Patterson Dental (U.S.), Sybron Dental Specialities Inc. (U.S.), and Young Innovations Inc. (U.S.), A-Dec Inc. (U.S.).

                 

                                                 Dental Equipment Market Share Analysis

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