North America to Dominate Haemophilia Treatment Market During Forecast Period – TechSci Research

Increasing number of haemophilic patients worldwide and increased diagnosis rate across the globe to drive global haemophilia treatment market

According to TechSci Research report, “Global Haemophilia Treatment Market By Type, By Product, By Treatment, By Therapy, By Region, Competition, Forecast & Opportunities, 2025”, global haemophilia treatment market is expected to witness significant CAGR during the forecast period. Increasing number of haemophilic patients worldwide is one of the major factors accounting for the growth of global haemophilia treatment market. Moreover, upsurge in the use of prophylactic treatment for hemophilia is expected to bode well for the growth of global haemophilia treatment market through the forecast period. In addition to this, supportive initiatives plan by governments worldwide in order to commence early screening of neonates is expected to positively influence the growth of global haemophilia treatment market in the years to come. Also, growing severity with the genetic evolution, is making headway for the growth of global haemophilia treatment market. Furthermore, rising availability of hemophilia drugs is also contributing to increasing market growth. However, there are certain factors that might hamper the growth of global haemophilia treatment market over the coming years including high cost of recombinant products, stringent government regulations and serious adverse effects associated with plasma derived products.

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Global haemophilia treatment market can be segmented based on type, product, treatment, therapy, company, and region. Considering the product, the market is fragmented into plasma derived coagulation factor concentrate, recombinant coagulation factor concentrates, desmopressin, and antifibrinolytics agents. Here, the recombinant coagulation factor concentrates segment dominated the global haemophilia treatment market in terms of largest market share until 2019 and is further anticipated to maintain its dominance during the forecast period as well, which can be accredited to increase in production of recombinant factor concentrates to treat hemophilia coupled with high availability of plasma-derived concentrates. Moreover, enhanced safety of replacement therapy by using recombinant factor concentrates, is further boosting the segmental growth. In terms of treatment, the market is categorized into on-demand and prophylaxis. Out of which, the prophylaxis treatment segment is forecast to grow at a high CAGR in the years to come, on account of its efficiency and better end results. Additionally, preference for long-term prophylaxis treatment to prevent chronic arthropathy and joint bleeding in patients with severe haemophilia, is further contributing to the growth of the segment.

Novo Nordisk A/S, Shire, Chugai Pharmaceutical Co. Ltd., Bayer AG, Pfizer, Inc., CSL Behring, BioMarin, Octopharma AG, Genzyme Corporation, Spark Therapeutics, Inc., Baxter International, Inc.s, Grifols SA, Kedrion, Biogen Idec, Inc., Hospira, Incare among others are the leading players operating in global haemophilia treatment market. The players are adopting several growth strategies to enhance the market scenario of haemophilia treatment. Other competitive strategies include mergers & acquisitions; agreements, partnerships, and collaborations; and expansions to diverse their product portfolio in order to strengthen their market position.

 

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“North America is forecast to dominate the global haemophilia treatment market during the next five years on account of presence of favorable healthcare reimbursement and insurance policies in the region. Furthermore, growing demand and adoption rate of haemophilia medications is also contributing to the growing trend. Additionally, better diagnostic techniques in the region is anticipated to bolster the growth of growth of global haemophilia treatment market over the coming years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Haemophilia Treatment Market By Type, By Product, By Treatment, By Therapy, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global haemophilia treatment market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global haemophilia treatment market.

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UV Infection Control Devices Market to Witness Healthy Growth through 2025 – TechSci Research

 Rising hospital acquired infections and growing need for wastewater management to drive global UV infection control devices market

According to TechSci Research report, “Global UV Infection Control Devices Market By Type (Mobile, Stationary, Others), By End User (Hospitals, Clinics & Laboratories, Pharmaceutical Companies, Food Industry, Others), By Application (Water, Wastewater & Process Water Treatment, Air Treatment, Surface Disinfection), By Region, Forecast & Opportunities, 2025”, the market is anticipated to grow at a heathy CAGR during the forecast period owing to increasing prevalence of healthcare associated infections, which are generally caused by microorganisms such as bacteria, viruses and fungi. These may have severe impact on a patient’s health owing to which, there is a growing demand for UV infection control devices across the globe. Furthermore, various governments around the world are focusing on infection control programs, which is providing lucrative opportunity for UV infection control device manufacturers. Also, the outbreak of coronavirus and spike in patients suffering from this deadly disease is expected to drive the UV infection control devices market through 2025. With increasing need for surface disinfection, the market is expected to witness rapid growth in the coming years.

Moreover, increasing adoption of technologically advanced UV equipment are also accelerating the growth of global UV infection control devices market. Also, the increasing air pollution level in various countries are creating the need for air treatment. This is acting as one of the key growth factors for UV infection control devices market as they are highly used in air treatment. However, the market is also exposed to some challenges. High cost of UV infection control devices is expected to limit the market growth, especially in developing countries. Moreover, stringent government regulations across various regions are likely to hamper the global UV infection control devices market growth during the forecast period.

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Global UV infection control devices market is segmented based on type, end user, application and region. Based on type, the market can be segmented into mobile, stationary and others. Among them, the mobile UV infection control devices dominated the market share in 2019 as they are light and can be moved to different settings. The segment is expected to hold its dominance during the forecast period as they are less expensive than the other types.

Based on end user, global UV infection control devices market can be segmented into hospitals, clinics & laboratories, pharmaceutical companies, food industry and others. Among them, the hospital segment is expected to witness fastest growth during the forecast period owing to rising cases of hospital acquired infections and increasing number of hospitals around the world.

Major players operating in the global UV infection control devices market include American Air & Water, Inc., American Ultraviolet, Inc., Lumalier Corp, Nikkiso Co., Ltd., PDI, Inc., Seal Shield, LLC, STERIS plc., THE CLOROX COMPANY, UVC Cleaning Systems, AquiSense Technologies, Atlantic Ultraviolet Corporation, Diversey, Inc., First Light Technologies, Inc. and Getinge Group. The companies are undergoing growth strategies like new product launches, partnership, collaboration and acquisitions to strengthen their position in global UV infection control devices market.

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“North America held largest market share in global UV infection control devices market in 2019 due to the presence of well-established healthcare infrastructure and high adoption of advanced medical devices. However, Asia Pacific is expected to undergo fastest CAGR during the forecast period as countries like India and China are witnessing rising cases of hospital acquired infections. The high population and large patient pool in this region is further creating high demand for UV infection control devices,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global UV Infection Control Devices Market By Type (Mobile, Stationary, Others), By End User (Hospitals, Clinics & Laboratories, Pharmaceutical Companies, Food Industry, Others), By Application (Water, Wastewater & Process Water Treatment, Air Treatment, Surface Disinfection), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of global UV infection control devices market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global UV infection control devices market.

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Blood Transfusion Devices Market to Witness Significant CAGR During Forecast Period - TechSci Research

 Increasing blood disorder cases and rising number of surgeries to drive global blood transfusion devices market

According to TechSci Research report, “Global Blood Transfusion Devices Market By Product, By Type, By Application, By End User, By Region, Competition, Forecast & Opportunities, 2025”, global blood transfusion devices market is expected to witness significant growth during the forecast period. Mounting number of trauma cases is one of the major factors accounting for the growth of global blood transfusion devices market. Moreover, the blood transfusion process finds wide application in the treatment of numerous medical conditions predominantly blood cancer, which is expected to bode well for the growth of global blood transfusion devices market through the forecast period. In addition to this, increasing number of accidents is anticipated to positively influence the growth of global blood transfusion devices market in the years to come. Also, rise in the prevalence of chronic kidney disorders is leading to increased demand for blood transfusion and blood products, which in turn is making headway for the growth of global blood transfusion devices market. Along with this, supportive government funding is positively contributing to the market growth. Also, favorable medical reimbursement policies in developed countries coupled with increasing per capita health care expenditure is anticipated to increase the patient pool requiring treatment through blood transfusion, thereby bolstering the market growth across the globe. Furthermore, rising technological advancements in terms of apheresis systems, blood warmers, infusion pumps as well as transfusion filters have facilitated the accessibility of safe and highly purified blood to patients, which is expected to aid the market growth in the years to come. However, there are certain factors that might act as major impediments to the growth of global blood transfusion devices market during the forecast period such as existence of stringent rules and regulations like approvals needed for separation of blood components.

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Global Blood transfusion devices market can be segmented based on product, type, application, end user, company, and region. Considering the application, the market is fragmented into blood disorders, autoimmune disorders, cancer, renal disorders, surgical procedures, and others. Among these, the blood disorders application segment dominated the global blood transfusion devices market in terms of largest market share until 2019 and is further anticipated to maintain its dominance during the forecast period as well. This is because of rising population with blood related disorders requiring emergency blood transfusions.

Fresenius Kabi AG, Grifols, S.A., Tenko International Group Corp, Terumo Corporation, Kawasumi Laboratories, Inc., Haemonetics Corporation, Bioelectronica MILANO, RAYS S.P.A., Macopharma SA, B. Braun Melsungen AG, Baxter International Inc., Neomedic Limited, 3M Company, Keewell Medical Technology Co. Ltd., are among others are the leading players operating in global blood transfusion devices market. The players are adopting several growth strategies to enhance the market scenario of blood transfusion devices. Other competitive strategies include product launches; mergers & acquisitions; agreements, partnerships, and collaborations; and expansions to diverse their product portfolio in order to strengthen their market position.

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“Global blood transfusion devices market is expected to be dominated by North America until 2025 on account of growing number of surgeries in the region. Furthermore, well-established health care facilities are also contributing to the growing trend. However, Asia-Pacific is forecast to register highest CAGR over the years to come, which can be attributed to rise in aging population in the region.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

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Small Electric Vehicle Sales to Cross 3.2 Million by 2025 – TechSci Research

 Growing consumers interest towards environmentally friendly vehicles coupled with favorable policy initiatives by governments to boost electric vehicle adoption to drive small electric vehicle market

According to TechSci Research report, “Global Small Electric Vehicle Market by Battery Type), By Vehicle Type, By Technology, By Region, Competition, Forecast & Opportunities, 2025”, the global small electric vehicle market stood around 2.2 million units in 2019 and is forecast to cross 3.2 million units by 2025. Due to growing consumer interest in purchasing electric cars and emphasis by the governments of various countries on clean energy vehicles, the market for small electric vehicle is growing at a rapid pace across the globe. Moreover, increasing demand for alternate fuels, rising air and noise pollution, advancements in the field of electric mobility, among others are some of the other factors driving the global small electric vehicle market. Additionally, the subsidy allocation for purchasing these vehicles by governments of developing economies would further fuel the growth of the small electric vehicle market.

However, lack of technical awareness and high procurement cost is hampering the growth of small electric vehicle market, especially for the developing countries. The global small electric vehicle market is segmented based on battery type, vehicle type, by technology, and by region. In terms of battery type, the market is segmented into Lithium-Ion and Nickel-Metal-Hydride segments. Lithium-Ion battery segments dominates the market and this trend is expected to continue during the forecast period as well. Nowadays, Lithium-Ion battery is used in almost all electric vehicles due to its high energy per unit mass in comparison to other electrical storage systems and also having attractive benefits like high energy efficiency, high power-to-weight ratio, low self-discharge and good high-temperature performance than other batteries.

In terms of vehicle type the market is segmented into Passenger Car and Light Commercial Vehicle. Passenger car segment accounts for the largest share in the global small electric vehicle and it is expected that passenger car will continue to dominate the market till 2025F. Subsidy allocation for purchasing these vehicles by governments and longer lifespan of these vehicles in comparison to diesel vehicles is fuelling the adoption rate of electric passenger cars across the globe.

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In terms of regional analysis, the market can be segmented into North America, Asia-Pacific, and Europe. Asia-Pacific is anticipated to dominate the market during the forecast period with China’s small electric vehicle market expected to account for majority of the sales in the region. GM Group, Tesla Inc, Daimler AG, BMW AG, and Hyundai Motor Company are some of the leading small electric vehicle manufacturers across the globe. Asia-Pacific is expected to dominate the global small electric vehicle market over the next five years, due to increase in investments towards alternative fuel technologies in several countries of the region. Sales of small electric vehicles across the region are driven by the presence of several regional players with their strong distribution channel across the region. Additionally, governments in various countries of the region are providing subsidies and tax benefits to small electric vehicle manufacturers, which is positively impact the market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

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