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Synthetic blood substitute or artificial blood is a replacement for blood. It generally replicates and fulfills some functions of blood and provides an alternative to blood transfusion. The main purpose of artificial blood is transportation of oxygen and carbon dioxide across the body. Blood loss due to traumatic injuries and diseases is responsible for thousands of deaths each year. Furthermore, fresh blood can be stored for only 42 hours. The need of a substitute to overcome blood supply shortage and increased awareness and incidence of transfusion transmitted diseases led to the invention of artificial blood substitutes. In the past, several substances such as milk, saline solution, and sheep’s blood were used as blood substitutes. Experimentation over the years led to the invention of new type of blood substitute called perflurochemical in 1966. However, it had few side effects. The artificial blood or blood substitute should possess certain characteristics to be used as replacement. It should be able to transport and release oxygen when required, should be sterile, and have definite shelf life.

Increase in demand for blood transfusion in cases such as blood loss during surgeries, trauma, and anemia led to growth of synthetic blood substitutes. Increase in incidence of disease seeking medical interventions or surgeries, rise in road accidents, military wars and trauma cases, insufficient number of blood donors, and rise in blood related disorders are the major drivers of the Synthetic Blood Substitutes And Blood Products Market. Advent of stem cell therapy has created new opportunities for players in this market. However, instability and lower shelf life of artificial blood products and stringent regulatory approval process are considered major restraints of the synthetic blood substitutes and blood products market.

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Based on product type, the synthetic blood substitutes and blood products market has been segmented into perflurocarbon-based products (PFC), hemoglobin-based oxygen carriers, synthetic platelets, recombinant factors, and blood expanders. Commonly used PFCs are Perfluorodecalin and Perflubron. Major advantage of PFCs is easy transportation of oxygen throughout the body. However, decrease in blood platelets count is a major side effect of usage of PFC. Hemoglobin-based blood carriers are preferred over PFCs due to longer shelf life. However, hemoglobin-based blood carriers can cause anaphylactic shock when frequently used in patients.

In terms of region, the synthetic blood substitutes and blood products market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to hold the largest market share owing to advanced research and development in stem cell therapy.

Key players in the synthetic blood substitutes and blood products market are BioPure, Sangart, Inc., Northfield Laboratories, Dentritech, Inc., HemoBioTech, Inc., Dextro-Sang Corp., Baxter International, FluorO2 Therapeutics, and Alpha Therapeutic Corp.

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Dermatoscopy is a process through which the examination of skin lesions can be determined using an instrument, i.e., dermatoscope. The instrument is used by dermatologists to distinguish benign tumors and malignant (cancerous) lesions, especially in the diagnosis of melanoma. Modern dermatoscope uses the liquid medium and polarized light in order to cancel out the skin surface reflection. The images or videos are digitally processed using a digital epiluminescence dermatoscope. 3Gen introduced the first polarized dermatoscope known as DermLite, which allows visualization of skin structures using an immersion fluid. The convenient method of detection and different optimization of images as compared to glass dermatoscope added an advantage over vascular pattern diagnosis. However, new developments in dermatoscope allow image at the cellular and vascular level, paving way for earlier diagnosis and treatment of cancer disease.

High prevalence of skin cancer disease, rise in patient awareness about skin cancer, growth in research and development initiatives, reduction of the frequency of unnecessary surgical procedures, and high cost of treatment and diagnostic imaging procedures through MRI and X-ray devices are important driving factors of the Dermatoscope Market. According to the American Academy of Dermatology 2017, the World Health Organization has estimated that more than 65,000 people worldwide are likely to die of melanoma. In 2017, 9,730 deaths due to melanoma are estimated in the U.S. According to the WHO, 2015, the number of new cases of cancer is expected to rise by about 70% over the next two decades. Growth in technologies such as USB imaging and video technology of imaging melanoma is likely to fuel the growth of the global dermatoscope market. However, introduction of biological agents for melanoma detection and new technologies such as SPECT and PET are expected to hamper the market growth.

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The global dermatoscope market has been segmented based on product, technology, modality, application, and geography. In terms of product, the dermatoscope market is classified into contact dermatoscope, hybrid dermatoscope, and non-contact dermatoscope. Polarized dermatoscope (non-contact dermatoscope) is a rapid growing product segment owing to increase in prevalence of skin cancer diseases globally. In terms of technology, the market is classified into LED, xenon, halogen, and ultraviolet. In terms of modality, the market of dermatoscope is classified into hand-handled, trolley mounted, and headband. According to the Skin Cancer Foundation 2017, more than 419,000 cases of skin cancer are projected to be reported in the U.S. each year, out of which are likely to be 168,000 squamous cell carcinomas, 245,000 basal cell carcinomas, and 6,200 melanomas; these are linked to indoor tanning. In terms of application, the market is classified into skin tumors, scabies, warts, fungal infections, and others. Based on geography, the market is distributed over North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Geographically, North America dominates the global dermatoscope market due to increase in number of melanoma cases among men owing to tanning and ultraviolet rays. Early-phase diagnosis and treatment of the disease is driving the medical biotechnology market, which in turn is expected to drive the North America dermatoscope market. Europe is the second leading market for dermatoscope as there are favorable government policies regarding health care infrastructure and awareness among population against skin cancer. The market in Asia Pacific is expected to grow at a higher rate due to rise in population, changing lifestyle, increase in awareness about skin cancer, and growth in per capita expenditure. In addition, economic growth and rise in medical tourism along with research and cancer laboratories are supporting the health care infrastructure improvement in developing countries such as India, Brazil, and China. Thus, all the above mentioned factors collectively support the growth of the dermatoscope market in Asia Pacific and Latin America.

The major players operating in the global dermatoscope market include FotoFinder Systems GmbH, Optilia Instruments AB, Dino-Lite, 3Gen, Rudolf Riester GmbH, NIDEK CO., LTD., ILLUCO Corporation Ltd., KIRCHNER & WILHELM GmbH + Co. KG, and Canfield Scientific, Inc.

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Anesthesia endotracheal tube is a tube implanted in trachea to administer anesthesia, maintain the airway passage of lungs, prevent aspiration into the lungs, and allow mechanical ventilation. It also establishes the aspiration of secretions and anticipation of the pathway of extraneous material into the tracheobronchial tree. The endotracheal tube is of two types: orotracheal tube and nasotracheal tube. The orotracheal tube is rooted through the mouth, while the nasotracheal tube is rooted through the nose into the trachea. Both are used for anesthesia management.

With the advancement of health care facilities and modern technologies, surgery of vital organs such as lungs has become easy. Anesthesia endotracheal tubes make it easy for the surgeons to sedate the patient and perform the surgical procedure. Also, these tubes are accepted and used by the patients of all age groups with breathing or lung problems. This is a major factor driving the Anesthesia Endotracheal Tubes Market. Growing industrialization leading to rise in air pollution and habits such as smoking are responsible for increasing incidence of respiratory diseases. This can be considered as a factor propelling the anesthesia endotracheal tubes market. Rising incidence of other respiratory diseases, lung diseases, and breathing disorders also drives the market.

Introduction of advanced technology in the medical field, which enables easy performing of critical surgeries and usage of high-quality consumables in the field are the recent trends in the global anesthesia endotracheal tubes market. However, availability of an increased number of alternative disposable devices and upcoming better options may act as a barrier for the anesthesia endotracheal tubes market. The anesthesia endotracheal tubes market has been segregated into organized and unorganized as well as global and regional players. The unorganized local market in developing countries may give a tough competition to the global players by maintaining high quality standards at reasonable pricing. The dealers in the developed market are targeting back with product innovations.

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Based on the product type, the global anesthesia endotracheal tubes market can be segmented into: orotracheal tubes and nasotracheal tubes. Orotracheal tubes are implanted in the patient’s trachea through the mouth. Nasotracheal tubes are implanted in the trachea through the nose. These tubes are employed in the cases wherein the patient’s mouth needs to be operated.

Based on the end-user, the anesthesia endotracheal tubes market can be segmented into: hospitals & clinics and ambulatory surgical centers (ASCs).

High demand for home-based therapy and modernization in video laryngoscopes also drive the global anesthesia endotracheal tubes market. However, complications in the anesthesia delivery system, availability of a small number of skilled medical practitioners to perform critical surgeries with perfection, and growing preference to laryngeal masks over anesthesia endotracheal tubes are likely be major factors restraining the growth of the market during the forecast period.

Based on the geographical region, the anesthesia endotracheal tubes market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is a major market for anesthesia endotracheal tubes, due to respiratory disorder-prone lifestyle of people in the region and a large number of elderly population. Asia Pacific is an expanding market due to increase in the incidence of respiratory diseases in the region.

Some players operating in the global anesthesia endotracheal tubes market are Medline Industries, Medtronic, C. R. Bard, ConvaTec, GE Healthcare, Smiths Medical, KindWell Medical, ROYAX, Fuji Systems, Teleflex, Neurovision Medical, and Intersurgical.

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Positive airway pressure devices keep pressured air flowing through the airways of the throat and is one of the common treatments for sleep apnea. The patient wears a face mask which is attached with a tube and a machine that blows pressurized air through the mask into the airway to keep it open. The air acts like a balloon holding the relaxed muscles of the throat open. Positive airway pressure (PAP) is a treatment method that uses mild air pressure to keep the airways sufficiently open. PAP devices are specially used by patients that have breathing issues, such as sleep apnea. These devices are broadly categorized as continuous positive airway pressure devices (CPAP), bi-level positive airway pressure (BiPAP), and automatic positive airway pressure devices (APAP). The growing prevalence of sleep apnea and co-morbidities related to PAP have propelled the use of positive airway pressure devices. The global positive airway pressure devices is anticipated to witness a trend of devices that are compact and comfortable through 2024.

Obstructive sleep apnea (OSA) is a chronic medical condition requiring night application of therapy to efficiently limit the number of apneas and hypopneas that would occur without intervention. The gold-standard treatment for OSA is continuous positive airway pressure therapy (PAP), which offers a pneumatic splint of the soft tissue in the upper airway. PAP devices can measure and record airflow and pressure levels whenever the device is worn. They contain internal, proprietary algorithms that identify breathing disturbances and whether these disturbances are due to persistent obstructive or non-obstructive events. Generally, the average duration of CPAP use is approximately five hours per night across numerous studies. Studies indicate that greater than six hours per night results in normal levels of objectively measured and self-reported daytime sleepiness, as well as significantly improved memory and daily functioning.

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Variable positive airway pressure (VPAP) or bi-level positive airway pressure (BiPAP), is a newer type of machine that reduces the amount of pressure when a person breathes out. The device uses an electronic circuit to monitor the person’s breathing. Having less pressure in the moment when a person is exhaling may make it more comfortable for the person with sleep apnea. This type of machine is used for people who have other breathing problems or who can’t sleep if they have to breathe out against a stream of air.

The U.S. accounted for the largest share in Positive Airway Pressure Devices Market. This is due to the increasing healthcare awareness for sleep apnea, improving healthcare infrastructure, rising disposable incomes, increasing obesity adding to the pool of sleep apnea patients and economic growth favored by broadening insurance coverage. Center for Medicare & Medicaid Services (CMS) provides cover for sleep apnea products, including a capped rental on CPAP/BiPAP equipment and other supplies. As per the Centers for Disease Control and Prevention (CDC), 36% of the adults in the U.S. were obese in 2010, and nearly 42% will be obese by the year 2030. Furthermore, according to National Sleep Foundation, in 2012, around 40 Mn Americans were reported to suffer from chronic sleep disorder.

Geographically, North America occupies the substantially larger market share, which is followed by Europe. The high attentiveness level in this region will lead the expansion of positive airway pressure devices market significantly. However, affordability has become a restraining factor for the global market in developing regions such as, Asia Pacific and Latin America. Asia Pacific is expected to demonstrate healthy CAGR in the global positive airway devices market. Increase in disposable income, rising aging population, and growing awareness level are some of the key factors driving the Asia Pacific market. The Asian market is expected to witness entry of higher number of new players compared to those in developed regions.

Some of the market players who are competing to bring new technologically advanced products in the market are CareFusion Corporation, GE Healthcare, Philips Healthcare, ResMed, Inc., Teleflex, Inc., and others

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In a highly competitive pharmaceutical industry, automation can prove to be a massive operational advantage and a key differentiator for players of all sizes. The future of the healthcare industry is increasingly being defined by the advent of faster, more accurate, and easy-to-use devices that are riding high on the wave of medical automation. With a massive number of people crossing the 60-year threshold, the healthcare industry is facing a pressing need to scale up resources and brace for a spike in healthcare needs. This is where automation is expected to be the real game changer.

There are several market dynamics that are collectively creating a need for more automation in the medical industry. According to an article published in Health Affairs, there will be a shortage of 260,000 registered nurses by 2025 in the U.S. The scenario won’t be drastically different in other developed countries where the workforce is aging rapidly. With fewer humans available to carry out all of the tasks in the healthcare industry, healthcare institutions and pharmaceutical companies are focusing on automation to get redundant and repetitive tasks done. However, as has been the case with several other industries, automation is regarded as a job killer and has been opposed in several countries worldwide.

These push and pull factors will decide how this market shapes up in the coming years. This is what the report aims to assess. The report creates segments of the global Medical Automation Market based on criteria such as applications, end-users, and geography.

Global Medical Automation Market: Drivers and Restraints

Companies and medical institutions are channeling more funds into medical automation systems and software enticed by benefits such as cost containment, increased speed, greater transparency in processing, and reduction in errors. This thus lays a strong foundation for the growth of the global medical automation market. Another change that is driving the adoption of medical automation is the high degree of interest in point-of-care testing devices for pregnancy, blood glucose levels, blood pressure, and HIV.

On the flip side, the lack of widespread standardization and a heterogeneous regulatory environment will create several obstacles for companies operating in the medical automation market. Moreover, not all healthcare institutions can afford medical automation. It will be a few years before developing countries wholly embrace this trend.

The top trends that are shaping the global medical automation market are affordable automation software and systems that make everyday tasks easier. There is a massive market that hitherto remains untapped in emerging countries, where the healthcare sector is heaving under the burden of obsolete machinery and techniques. This gap could provide a window of opportunity for companies offering medical automation software and solutions.

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Global Medical Automation Market: Segmentation

The global market for medical automation can be segmented broadly based on the following fronts: End user, application, and geography. The key application areas of medical automation are therapeutic automation, lab automation, pharmacy automation, and medical automation. The segment of medical automation is composed of automated imaging and analysis and point of care testing market. The market for therapeutic automation can similarly be split into surgical and non-surgical automation. Each of these sub-segments can be further segmented based on the automation devices.

Likewise, the market for lab automation can be classified into liquid handling, automated storage systems, robots and informatics, and microplate readers. The market for pharmacy automation can be further split into automated dispensaries, automated pharmaceutical packaging, and automated/smart medication compounding. The key end users in the global medical automation market are: Research labs, pharmacies, hospital and diagnostic centers, and home care centers.

Using geography as a criteria, the global medical automation market has been segmented into North America, Europe, Asia Pacific, and Rest of the World. The market for medical automation is currently the largest in North America. It is also well-established in Europe. The rising demand for medical automation solutions and software in Asian countries such as Taiwan and China will be a crucial turning point for the market.

Companies that are currently at the forefront of the global medical automation market are: Carefusion Corp, Medtronic, Inc., GE Healthcare, Intuitive Surgical Inc., Roche Holding AG, Omnicell, Inc, Siemens Healthcare, Philips Healthcare, Stryker Corporation, St. Jude Medical, Inc., and others.

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The growing number of people facing difficulties in passing urine normally is one of the key reasons why the demand for urinary tract stenting has increased over the years. The increasing incidences of tumors among people in the kidney have seen a staggering rise over the years. This is anticipated to propel the demand for urinary tract stenting over the forecast period from 2016 – 2023. Some of the other factors fueling the demand for this medical product include increasing incidences of infections in the urinary area, growing prevalence of kidney stones, and kidney infections. When any of the aforementioned conditions prevail, chances of difficulty or inability to pass urine increase and this requires doctors to make use of an artificial tube called as ureteral stent, so as to restore the flow of urine in the bladder.

This condition persists among the geriatric population to a higher extent and as the world aging population is increasing by the day, The global Urinary Tract Stenting Market will witness a healthy growth in the forecast period. As urinary tract stenting has been found to be one of the most efficient technique, enabling the flow of urine, it has been one of the most widely adopted urological practice worldwide. On the other hand, stents need to be removed within three to six months from a patient’s urinary system, as it can cause stone formation if left any longer. Stone formation in a, makes it complicated for doctors to remove the stents and a patient may then need to be hospitalized. This is one of the drawbacks of urinary tract stenting, which will hamper the growth of this market.

Urine is normally carried from the kidneys to the bladder through long, narrow, muscular tubes called ureters. The passage of urine may become difficult if the ureter becomes obstructed due to conditions such as tumors, infections, kidney stone, etc. For such conditions, the physicians place an artificial tube, known as ureteral stent, intended to restore the flow of the bladder. Aging is the most common factor that leads to several types of urology diseases. The global aging population is a direct indication of the possible rise in the patients suffering with urological diseases. With the increasing conditions that obstruct the flow of urine, the use of urological stents have become the most fundamental and valuable technique in the urological practice.

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A ureteral stent is specially designed a soft tube 10-12 inches in length that is placed in the ureter for draining urine from the kidney to the urinary bladder. These stents are coiled at both the end to stay in place in the urinary system and therefore also known as JJ stent, pig-tail stent of double J stent. Normally a person can have ureteral stents for not more than 3 to 6 months. If left for longer duration, there is a possibility of stone formation which makes removal of stents difficult. If a patient is required to have stent for a longer duration, he must be admitted in the hospital for stent change. This is a serious limitation for the usage ureteral stent.

Several companies operating in the market are trying to overcome the issue of biofilm formation and mineralogical encrustation. Furthermore, there are ongoing research activities in the global urinary tract stenting market to modify the design, discovering novel stent coating and the basic composition materials of the stent. Usage of metal stents in urology is being recommended by some physicians which have not yet become a widespread practice. Some of the advancements required for the industry include anti-body coated stents, nanotube coating, radioactive stents, and absorbable magnesium metal stent. The successful trials of the technologies have a potential to drastically change the existing market dynamics in the global urinary stenting market.

Some of the key companies operating in the global urinary tract stenting market include Boston Scientific Corporation, C. R. Bard, Inc., Cook Medical, Inc., and Medline Industries, Inc., Pnn Medical A/S, and Allium Medical Solutions Ltd.

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