Monthly Archives: November 2014

Ambulatory Blood Pressure Monitoring Market Analysis, Global Trends and Forecast 2014 – 2020

Ambulatory blood pressure monitoring includes measurement of blAmbulatory Blood Pressure Monitoringood pressure at regular intervals of time usually after every 15-20 minutes and is performed for 24 hours, during which patient conducts normal day to day activities. Ambulatory blood pressure monitors are portable automated monitor worn on a belt connected to standard cuff on upper arm. The device uses an oscillometric technique to identify systolic, diastolic, mean blood pressure and heart rate. Ambulatory blood pressure monitoring provides valuable and precise diagnostic information in comparison to in-clinic and home blood pressure monitoring. Ambulatory blood pressure monitoring is used for monitoring different types of conditions with respect to hypertension which includes:

  • Episodic hypertension
  • Hypertension due to increased monitoring
  • Hypotensive symptoms caused by antihypertensive medications
  • Autonomic dysfunction
  • Masked hypertension
  • To differentiate between white collar (coat) hypertension and true hypertension
  • To evaluate whether antihypertensive therapy is modifying the early morning blood pressure surge

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Ambulatory blood pressure market is growing at faster pace majorly due to an increase in the number of patients suffering from low or high blood pressure all over the world. According to the World Heart Federation, currently, around one billion people worldwide are suffering from high blood pressure and the number is expected to reach 1.56 billion by 2025. With the use of ambulatory blood pressure monitoring, patients can avoid further complications through regular checks of blood pressure level and accordingly regulate their food habits.

Ambulatory blood pressure monitoring is also witnessing growth at rapid rate due to increasing adoption of product bundling strategies by market players. In product bundling, companies offer blood glucose monitors, thermometers and pulse oximeters in addition to ambulatory blood pressure monitors. The patients also prefer such packages in comparison to individual products as they are more cost-effective. However, the major challenge which ambulatory blood glucose market is facing is that the market is highly price sensitive. This is mainly because Asian companies have introduced the ambulatory blood pressure monitors in comparatively low prices. With the increase in number of companies importing the monitors in low prices is leading to decline in ambulatory blood pressure monitoring market.

Restricted reimbursement limits for ambulatory blood pressure monitoring is one of the factors that is restraining the ambulatory blood pressure monitoring market. The only ambulatory blood pressures monitor which is reimbursed is the one which is used for diagnosing and differentiating white collar (coat) hypertension. The ambulatory blood pressure monitoring which is used in clinical segment is underplayed by the reimbursement policies due to high cost incurred by the patients.

North America and Europe lead the ambulatory blood pressure monitoring market due to increasing ageing population, sedentary lifestyles, government initiatives and programs to spread awareness about important information with respect to hypertension and economic stability to purchase expensive healthcare equipments. Asia-Pacific is growing at faster pace for the ambulatory blood pressure monitoring market majorly due to growing health related concerns, increase in economic affordability levels to healthcare and increasing government support towards healthcare sector.

Some of the market players in the ambulatory blood pressure monitoring market include A&D Company, Ltd., Spacelabs Healthcare, Inc., Welch Allyn, Inc., Beijing Avantgarde Medical Equipment Company, Ltd., Microlife AG, Schiller AG, Omron Healthcare Company, Ltd., SunTech Medical, Inc., AViTA Corporation, GE Healthcare, Qinhuangdao Sanwin Trading Company, Ltd. and Shenzhen Phenitech Technology Company, Ltd.

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Cardiac Ablation Devices Market- Global Industry Analysis, Growth and Forecast 2014 – 2020

Cardiac Ablation DevicesAblation is a procedure that involves removal of surface with the help of chemical or laser. Cardiac ablation involves ablation of cardiac tissues, and is a minimally invasive procedure done with the help of a bundle of catheters. The procedure depends upon physical condition and malaise faced by the patient. Cardiac ablation is used to treat conditions of cardiac arrhythmias, viz. tachycardia (supraventricular/atrial), atrial fibrillation (paroxysmal/intermittent), atrial flutter and WPW (Wolff-Parkinson-White) syndrome. Cardiac arrhythmia and similar disorders arise as a result of irregular signaling of cardiac tissues. These areas, that cause such chaotic movements, are removed by ablation with the help of special bundle of catheters. The tissue that underwent ablation regenerates in a period of time and is replaced by healthier ones, in some rare cases, pacifiers/ regulators may also be introduced.

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The surgery is minimally invasive and can be done with local anesthesia, at the point of catheter insertion, which are either located in the femoral vein, internal jugular vein, or subclavian vein. Mobile X-ray CT scanners are used to guide the catheter to the area of ablation. Ablation procedures have seen a great success rate in recent years of cardiac surgeries; they have tremendously reduced the overall number of open heart surgeries. Patients nowadays can even be sent on the same day of the procedure. The success rate of atrial flutter and supraventricular procedures, according to some studies, it is as high as 95% (with +/- 3%). This is a significant upheaval of the success for these procedures, which were earlier done with high uncertainties.

Cardiac ablations are performed by trained cardiologist, specialist in electrophysiology. The requirement of a catheter lab may or may not be mandatory, depending upon the regulation or hospital policies. Catheter designs and their respective procedure methodology however require approval of regulatory bodies like the FDA and others. The design and approval for new arterial fibrillation (AF) procedures, that uses different entry point in the body and a novel device, are under development, as previous procedures showed limited success.

Companies like Articure and Medtronic have been offering cardiac ablation systems since long, but excluding labels for AF procedures, as feasibility studies are yet to be carried out in the U.S. Another company called Mount Sinai, has been developing the use of visually aided catheter systems for AF. With approval for these procedures as well, we may see the innovation of a universal cardiac ablation systems in the future. In recent times one can observe mutations and irregularities in the normal gene pool. With increasing population, the number of people suffering from cardiac irregularities is bound to increase. Also the advanced diagnostic techniques and easy availability of healthcare facilities leads to increasing frequency of procedures.

The restrictions set by regulatory authorities at present are the only restraint to the growth of these devices. Besides these, the chances of side effect remain few. Some side effects are: stroke, esophageal injury, chemical allergies, or in very rare cases, death of complete heart is observed in less percentage of the total population. The cost of equipment and procedure is high, but are comparatively less than open heart surgeries. With increased participation of Asian players, the prices are set to decrease and become more affordable in future.

Globally, the North American region is currently the largest by sales volume, followed by Europe. The Asian market has the highest potential in future, owing to rising population. Also, increasing geriatric population in these regions is one of the key factors supporting the growth of this market.

Some of the major players in this industry are; Medtronic Inc., Articure Inc., Mount Sinai Corp., Boston Scientific, St Jude Medical, Alcon Laboratories Inc. amongst others.

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Medical Courier Market – Global Industry Analysis, Trends and Forecast, 2014 – 2020

Medical CourierMedical courier means supply of urgent medical and healthcare equipment, specimens or samples. Medical courier collects urine, blood and other samples and delivers them to the lab or clinics. These products are very important and demand quick transportation between clinics, hospitals and doctors. Medical courier provides cost effective way to transport medical supplies to the hospitals and medical laboratories. It provides effective delivery of samples using trained couriers and route optimization. Medical courier market demands delivery of appropriate samples and equipments on proper time and accessible care of the courier samples. If samples or specimens do not arrive in time, these samples may deteriorate or may increase the chances of inaccurate results.

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The market of medical courier is witnessing a positive growth owing to the presence of various multinational medical couriers in the market. These companies provide 24/7 services to their customers and offer good level of services to reach the expectations of customers. Thus, this factor would ultimately increase the users of medical courier services by customers (i.e. pharmaceutical and other industries), hence stimulates the market growth. Additionally, major factor influencing the market growth of medical courier is increasing demand of medical samples globally which demands fast and effective delivery of these samples.

Medical couriers offer this level of service which exceeds customer’s expectation. Furthermore, medical courier services are also used for the transportation of cord tissue and cord blood. For example, Americord Registry LLC offers quick transportation of cord tissue and cord blood and also eliminates extra paying for the express couriers. Thus, cost effectiveness services by key players would further stimulate the market growth.

Additionally, many key players provide custom services to their customers in compliance with various regulatory bodies which will further boost the market growth. For example, Dynamex offers medical delivery services in compliance with Occupational Safety and Health Administration (OSHA) and Health Insurance Portability and Accountability Act (HIPAA) requirements. Thus, the above mentioned factor would ultimately increase the level of company’s services and hence accentuate the number of users of medical couriers. However, medical, biotech and healthcare equipment and samples are delicate, thus medical courier is not often used for delivering these samples which will ultimately restrain the market growth. In addition, medical samples and supplies demands better control and high standards that medical courier unable to provide to the some extent which will restrain the market growth.

The market of medical courier can be segmented as:

  • By Services
  • Hospitals
  • Clinical labs
  • Pharmaceutical and biotechnology industries
  • Blood banks
  • Medical supplies and equipment
  • Others

Geographically, North America dominates the global medical courier market due to increasing need of supplying healthcare and biotech samples and equipments in North America. Europe is considered as the second largest market of global medical courier market. The growth of medical courier market in Europe is mainly attributed to quick and effective courier services by key players in Europe. In addition, Asia-Pacific countries such as India and China, South East Asia are the emerging regions for the global medical courier market due to increasing use of medical courier by medical laboratories and pharmaceutical industries.
Some of the major players in the medical couriers market are Affordable Courier Solutions, Inc., Aylesford Couriersswine, CitySprint Healthcare, IntelliQuick Delivery, Inc., Best Courier, Americord Registry LLC, Blaze Express Courier Service, Dynamex and others.

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Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.

Contact:
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY – 12207
United States
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USA – Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

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