healthcare-industry-dynamics

Objectives of this study are:

# To define, describe, and forecast the stem cell banking market by source, service type, application, and region

# To provide detailed information about factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)

# To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

# To analyze the market opportunities for stakeholders and provide details of the competitive landscape for key players

# To forecast the market size for North America, Europe, Asia Pacific, and the Rest of the World (RoW)

# To profile key players and comprehensively analyze their global market shares and core competencies

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Factors Influencing Global Growth:-

Market growth can primarily be attributed to the increase in hematopoietic stem cell transplantation (HSCT) procedures, development of novel technologies for stem cell processing, preservation, and storage, increasing investments in stem cell-based research, and growing awareness on the therapeutic potential of stem cells.

Restraints:
# High Operational Costs of Stem Cell Banking
# Stringent Regulatory Frameworks

Opportunities:
# Emerging Countries
# Rising Global Burden of Major Diseases

Market Challenge:
# Socio-Ethical Concerns Related to Embryonic Stem Cells 

Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The global stem cell banking market over the forecast period of 2019 to 2027. The market is projected to reach USD 13.86 billion by 2027 from USD 7.26 billion in 2019, at a CAGR of 8.4%.

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Geographical Growth Scenario:

Geographically, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is expected to account for the largest share in 2019. The expanding network of stem cell banking services across the region, ongoing approval of stem cell lines for disease treatment (especially for hematopoietic & autoimmune disorders), recent technological advancements in the field of stem cell collection and preservation techniques, and rising public-private investments for stem cell researches are driving the growth of the stem cell banking market in North America.

Leading Market Players:

# Cord Blood Registry (CBR) Systems (US)
# Cordlife Group Limited (Singapore)
# Cryo-Cell International (US)
# ViaCord (US)
# Cryo-Save AG (Netherlands)
# LifeCell International (India) and many more…

These are the several growth strategies such as service launches & upgrades; agreements, partnerships, & collaborations; and mergers & acquisitions were adopted by the market players to strengthen and competitive position in the global stem cell banking market. Among these business strategies, agreements, partnerships, & collaborations were the most widely adopted growth strategies by majority of market players worldwide.

Objectives of the Study

# To define, measure, and describe the global human liver model market by type and region

# To provide detailed information about the major factors influencing market growth (drivers, restraints, challenges, and opportunities)

# To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

# To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

# To forecast the size of market segments in North America, Europe, Asia Pacific, and RoW

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Factors Influencing Global Growth:-

The key factors driving the growth of this market include growing focus on developing alternatives for animal testing models, significant increase in research funding and venture capital investments for the development of liver models, growing initiatives to increase awareness about liver organoids, increasing research activities on liver organoids, increasing prevalence of non-alcoholic fatty liver disease, and growing need for the early detection of drug toxicity to minimize financial losses due to late-stage drug failure.

Restraints:

# Issues Related to the Incorporation of Organoids Into Existing Workflows

Opportunities:

# Increasing Focus on Drug Discovery Activities

# Rising Demand for Liver Transplantation

# Growing Healthcare Market in the Asia Pacific and Latin America

Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The global human liver models market is expected to reach USD 2.56 Billion by 2022 from USD 1.35 Billion in 2017, at a CAGR of 13.6% during the forecast period (2017-2022).

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Geographical Growth Scenario:

Geographic segments in this report include North America, Europe, Asia Pacific, and the RoW. Of these, the North American segment accounted for the largest share of the market in 2017. The human liver market for North America is driven by the presence of a well-established life sciences industry, growing awareness about the organoids technology, increasing government funding, growing incidence of NAFLD, and unavailability of livers for transplantation, increasing investments on research, rising focus on tissue culture-based clinical diagnostics, and the availability of skilled professionals.

Leading Market Players:

# Emulate (US)

# Ascendance Bio (US)

# HìREL (US)

# CN Bio (UK)

# Organovo (US)

# Cyfuse Biomedical (Japan) and many more…

Years considered for this report:

2017 – Base Year

2018 – Estimated Year

2023 – Projected Year

Objectives of the Study

# To define, describe, and forecast the global veterinary pain management market on the basis of product, application, animal type, distribution channel, and region

# To provide detailed information about factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)

# To strategically analyze micromarkets with respect to the individual growth trends, prospects, and contributions to the overall market

# To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

# To forecast the size of the market segments in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

# To profile key players and comprehensively analyze their market shares and core competencies in the global market

# To track and analyze competitive developments such as partnerships, agreements, & collaborations; mergers & acquisitions; product developments; and geographical expansions in the global market

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Factors Influencing Global Growth:-

Market growth can be attributed to growth in companion animal adoption, increasing number of veterinary practitioners and their rising income levels in developed economies, growing prevalence of animal disease causing pain and inflammation, and rising adoption of pet insurance with growing animal health.

Restraints:

# Increasing Pet Care Costs

Opportunities:

# Increasing Popularity of Non-Conventional and Non-Pharmaceutical Treatment Techniques

# Untapped Emerging Markets

Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The veterinary pain management market is projected to reach USD 1.66 Billion by 2023 from USD 1.13 Billion in 2018, at a CAGR of 8.0% during the forecast period.

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Geographical Growth Scenario:

Global veterinary pain management market has been studied for North America, Europe, Asia Pacific (APAC), Latin America, and Middle East & Africa. APAC is expected to grow at the highest CAGR in veterinary pain management market, primarily due to the significant growth in pet adoption, increasing awareness about animal health, and growing per capita animal health expenditure, especially in India and China.

Leading Market Players:

# Zoetis (US)

# Merck Animal Health (US)

# Elanco (US)

# Chanelle (Ireland)

# Boehringer Ingelheim (Germany)

# Vetoquinol (France) and many more…

The global veterinary pain management drugs market is a consolidated market, and the top three pharmaceutical companies account for a large share of the global market. Boehringer Ingelheim (Germany), Zoetis (US), Elanco (US), dominated the veterinary pain management drugs market in 2017.

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Target Audience for this Report:

# Manufacturers of HPAPI

# Distributors and suppliers of HPAPIs

# Potential investors in the HPAPI market

# Pharmaceutical companies

# Biotechnology companies

# Contract manufacturing organizations

# Life science research centers

# Healthcare payers

Objectives of the Study:

# To define, describe, and forecast the global HPAPI market on the basis of type, type of manufacturer, type of synthesis, therapeutic application, and region

# To provide detailed information about factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)

# To strategically analyze micromarkets with respect to the individual growth trends, prospects, and contributions to the overall market

# To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

# To forecast the size of the market segments of North America, Europe, Asia, and the Rest of the World (RoW)

# To profile key players and comprehensively analyze their product portfolios, market positions, and core competencies

# To track and analyze competitive developments such as agreements, partnerships, collaborations, and alliances; mergers and acquisitions; expansions; and R&D activities in the global market

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Factors Influencing Global Growth:-

The growth in this market is driven by factors such as increasing demand for oncology drugs, growing demand for antibody-drug conjugates, increasing focus of leading pharmaceutical companies on HPAPIs, advancements in HPAPI manufacturing technologies, and growing focus on precision medicine.

Restraints:

# Requirement of Large Investments

# Discrepancies in Hpapi Banding Systems

# Uncertainties Associated With Products

# High Risk of Cross-Contamination

Opportunities:

# Growing Opportunities for Cmos and Cdmos

# Emerging Markets

Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The global HPAPI market is expected to reach USD 26.84 Billion by 2023 from USD 16.49 Billion in 2017, at a CAGR 8.7%. The base year considered for the study is 2017 and the forecast period is from 2018 to 2023.

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Geographical Growth Scenario:

In 2018, North America is expected to account for the largest share of the market followed by Europe. Factors such growing incidence of cancer, increasing investments in cancer research, technological advancements in HPAPI manufacturing, growing CMOs market, constructive government reforms like the Patient Protection and Affordable Care Act, growing focus of leading pharmaceutical companies in the HPAPIs segment, and increasing demand for antibody-drug conjugates (ADCs) are responsible for the large share of North America in the global HPAPIs market.

Leading Market Players:

# Pfizer (US)

# Novartis International AG (Switzerland)

# Sanofi (France)

# Boehringer Ingelheim (Germany)

# Bristol-Myers Squibb (US)

# Teva (Israel) and many more…

Agreements, partnerships, collaborations, and alliances accounted for the largest share of the overall growth strategies followed by key players between 2015 and 2018.

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Time Frame Considered for this Study:

# 2017 – Base Year

# 2018 – Estimated Year

# 2023 – Projected Year

Objectives of the Study:

# To define, describe, and forecast the global veterinary pain management market on the basis of product, application, animal type, distribution channel, and region

# To provide detailed information about factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)

# To strategically analyze micromarkets with respect to the individual growth trends, prospects, and contributions to the overall market

# To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

# To forecast the size of the market segments in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

# To profile key players and comprehensively analyze their market shares and core competencies in the global market

# To track and analyze competitive developments such as partnerships, agreements, & collaborations; mergers & acquisitions; product developments; and geographical expansions in the global market

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Target Audience:

# Healthcare institutions (hospitals, medical schools, and outpatient clinics)

# Market research and consulting firms

# Venture capitalists and investors

# Research & development companies

# Veterinary pain management manufacturers and distributors

Factors Influencing Global Growth:-

Factors such as growth in companion animal adoption, increasing number of veterinary practitioners and their rising income levels in developed economies, growing prevalence of animal disease causing pain and inflammation, and the rising adoption of pet insurance with growing animal health expenditure are expected to drive the growth of the market.

Restraint:

# Increasing Pet Care Costs

Opportunities:

# Increasing Popularity of Non-Conventional and Non-Pharmaceutical Treatment Techniques

# Untapped Emerging Markets

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Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The veterinary pain management market is projected to reach USD 1.66 Billion by 2023 from USD 1.13 Billion in 2018, at a CAGR of 8.0% during the forecast period.

Geographical Growth Scenario:

Global veterinary pain management market has been studied for North America, Europe, Asia Pacific (APAC), Latin America, and Middle East & Africa. APAC is expected to grow at the highest CAGR in veterinary pain management market, primarily due to the significant growth in pet adoption, increasing awareness about animal health, and growing per capita animal health expenditure, especially in India and China.

Leading Market Players:

# Zoetis (US)

# Merck Animal Health (US)

# Elanco (US)

# Chanelle (Ireland)

# Boehringer Ingelheim (Germany)

# Vetoquinol (France) and many more…

To sustain its leading position in the market, the company adopted several growth strategies such as expansions, agreements, and partnerships.

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The study involved four major activities to estimate the current size of the global active pharmaceutical ingredient market. Exhaustive secondary research was done to collect information on the market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.

Major Objectives behind This Study:

# To define, describe, and forecast the global APIs market on the basis of type, type of manufacturer, type of synthesis, type of drug, therapeutic application, and region

# To provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and industry-specific challenges)

# To strategically analyze micro markets with respect to the individual growth trends, future prospects, and contributions to the overall market

# To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders

# To forecast the size of the market segments with respect to four main regions, namely, North America, Europe, Asia, and the Rest of the World (RoW)

# To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

# To track and analyze competitive developments such as partnerships, agreements, collaborations, joint ventures, alliances, mergers & acquisitions, approvals, expansions, and R&D activities in the global APIs market.

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Recent Developments:

# In January 2018, Pfizer entered into a collaboration with Sangamo Therapeutics, Inc. (US) for the development of a potential gene therapy to treat amyotrophic lateral sclerosis (ALS).

# In May 2018, Novartis acquired AveXis, a clinical-stage gene therapy company, to develop a gene-based treatment for spinal muscular atrophy.

# In January 2018, Sanofi acquired Ablynx, a biopharmaceutical company to strengthen its platform for growth in rare blood disorders.

# In January 2018, Sanofi and Alnylam Pharmaceuticals, Inc. (US) announced a strategic restructuring of their RNAi therapeutics alliance to streamline and optimize the development and commercialization of products prescribed for the treatment of rare genetic diseases.

Key Questions Addressed by the Report:

# Where will all these developments take the industry in the mid to long term?

# What types of annual and multi-year partnerships are API companies exploring?

# Which are the key players in the market and how intense is the competition?

# Which are the recent contracts and agreements key players have signed?

# What are the recent trends affecting the API manufacturers?

Factors Influencing Global Growth:-

The increasing incidence of chronic diseases, growing importance of generics, and the increasing uptake of biopharmaceuticals are some of the major factors driving the growth of the global APIs market.

Restraint:

# Unfavorable Drug Price Control Policies across Various Countries

# Increasing Penetration of Counterfeit Drugs

Opportunities:

# Emerging Biosimilars Market

# Highly Potent Active Pharmaceutical Ingredients

# Emerging Markets

# Emerging Technologies

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Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The global APIs market is estimated to reach USD 245.2 billion by 2024 from USD 182.2 billion in 2019, at a CAGR of 6.1% during the forecast period.

Geographical Growth Scenario:

In 2019, North America is expected to dominate the market, followed by Europe. The major factors driving the overall growth of the APIs market in this region include the growing incidence of preventable chronic diseases, increasing government focus on generic drugs, rising demand for biologics and specialty drugs, and technological advancements in the manufacturing processes of APIs. This market segment is expected to grow at a modest rate due to a combination of economic and healthcare severity measures and the introduction of low-cost, generic versions of branded drugs.

Leading Market Players:

# Pfizer, Inc. (US)

# Novartis AG (Switzerland)

# Sanofi (France)

# Boehringer Ingelheim (Germany)

# Bristol-Myers Squibb (US)

# Teva Pharmaceutical Industries Ltd. (Israel) and many more…

These players have adopted various growth strategies, such as partnerships, acquisitions, agreements, and collaborations as well as new product launches, to further expand their presence in the global market.

Acquisitions and collaborations have been the key growth strategies adopted by players from 2016 to 2018.

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Objectives of this Study:

# To define, describe, and forecast the healthcare IT market based on product & service, component, end user, and region

# To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)

# To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the overall market

# To analyze opportunities in the market for stakeholders and to provide details of the competitive landscape for market leaders

# To forecast the size of the healthcare IT market with respect to five geographic regions – North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East and Africa

# To profile key players in the healthcare IT market and comprehensively analyze their core competencies2 and market shares

# To track and analyze competitive developments such as agreements, partnerships, and collaborations; mergers and acquisitions; new product/technology/service launches and upgrades; and research and development activities of leading players in the healthcare IT market

Recent Developments:

# In 2019, Philips launched Cares Aging & Caregiving service.

# In 2018, Change Healthcare launched Dx Gap Advisor

# In 2017, Optum acquired DaVita Medical Group (US). The acquisition of DaVita enhanced Optum’s physician-led primary, specialty, in-home, and surgery-care delivery services business.

# In 2017, Cognizant acquired TMG Health (US) to expand its business process-as-a-service solutions for government and public health programs

# In 2018, Optum collaborated with Humana (US), MultiPlan (US)  and Quest Diagnostics (US) to form a group to explore the blockchain technology to improve data quality and reduce administrative costs in healthcare

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Key Questions Addressed in the Report:

# Who are the top 10 players operating in the healthcare IT market?

# What are the driving factors, restraints, opportunities, and challenges in the market?

# What are the industry trends as well as the current scenario in the healthcare IT market?

# What are the growth trends in the market at the segmental and overall market levels?

Expected Revenue Growth in the Global Industry:

The healthcare IT market is projected to reach USD 390.7 billion by 2024 from USD 187.6 billion in 2019, at a CAGR of 15.8% during the forecast period.

Factors Responsible for the Global Growth of This Industry:

The growing volume of patient data, an increase in technological know-how, and demand for quick and efficient healthcare processes and systems are driving the demand for HCIT solutions.

Key Market Restraints:

IT Infrastructural Constraints in Developing Countries

Key Market Opportunities:

Rising Use of Healthcare IT Solutions in Outpatient Care Facilities

Growing Mhealth, Telehealth, and Remote Patient Monitoring Markets

Cloud-Based EHR Solutions

Shift towards Patient-Centric Healthcare Delivery

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Geographical Growth Scenario:

“North America dominated the Healthcare IT market in 2018”

The Healthcare IT market is broadly segmented into five major regions, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest share of the Healthcare IT market in 2018.

The large share of this region can be attributed to the technological competencies of healthcare industry and presence of well-established healthcare IT infrastructure in this regions. Changing regulatory requirements for improving quality of healthcare and increasing patient safety and rising healthcare expenditures are some of the key factors driving the growth of the healthcare IT market in North America.

Leading Market Players:

Some of the major players operating in this market include Optum (US), Cerner (US), Cognizant (US), Change Healthcare (US), Philips Healthcare (Netherlands), Epic Systems (US), Dell Technologies (US), Allscripts (US), GE Healthcare (US), IBM (US), Athenahealth (US), Oracle Corporation (US), COnduent (US), Infor (US), Tata Consultancy Services (India), Wipro Limited (India), Conifer Health (US), Nuance (US), 3M (US), Inovalon (US), InterSystems (US), Leidos (US), Softheon (US), Omnicell (US), and Ciox Health (US).

Cerner has a robust healthcare IT product portfolio tailored for medium- and large-sized enterprise customers to help them with advanced software products and services designed specifically for their needs. Its key strength is its wide geographic presence and extensive distribution network across major markets.

Optum provides a variety of healthcare IT solutions such as EHR/EMR solutions, mHealth solutions and services, ePrescribing, healthcare asset management solutions for pharmacies, and revenue cycle management solutions.

Cognizant is a key player in the healthcare IT market for software solutions and services. The company offers cloud-based software-as-a-service (SaaS) and performance improvement solutions to increase administrative efficiency and improve patient quality of care.

Philips is a major player operating in the healthcare IT market. The company offers health information exchange solutions, mHealth solutions, VNAs and PACS, and telehealth solutions that are approved by respective regulatory bodies (such as the US FDA and the CFDA in China) of the major markets in which Philips operates.

Epic Systems offers a wide range of EHR, revenue cycle and practice management, and population health management solutions. The company mainly operates in the North American market. It also has a presence in the Netherlands, the United Arab Emirates, Finland, Australia, Singapore, and Denmark.

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Globally, the demand for donated blood is increasing because of greater volume of sophisticated medical surgical procedures conducted and the increasing number of trauma cases due to road accidents. These procedures require blood transfusions to make up for blood loss incurred during the procedures. Thus, the rising number of accidents, trauma cases, and surgical procedures performed are contributing to the market growth, thereby increasing the need for patient blood management products.

Major Objectives behind This Study:

# To define, describe, and forecast the patient blood management market on the basis of product, component, end user, and region.

# To provide detailed information regarding the major factors influencing the growth of the market (such as drivers, restraints, opportunities, and industry-specific challenges).

# To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the market.

# To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players.

# To forecast the revenue of the market segments with respect to five main regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

# To strategically profile the key players and comprehensively analyze their market shares and core competencies.

# To track and analyze competitive developments such as new product launches; agreements, partnerships, and joint ventures; mergers & acquisitions; business expansions and research & development activities in the market.

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Recent Developments:

# In 2019, Abbott (US) received the US FDA approval for its ‘Alinity s’ blood culture screening system as well as the Afinion HbA1c Dx assay kit.

# In 2019, F. Hoffmann-La Roche LTD (Switzerland) received the US FDA approval for its cobas Babesia Test for donor screening.

# In 2018, Terumo BCT (Japan) and Stafa Cellular Therapy (US) entered into a collaborative agreement. Based on this agreement, Terumo BCT expands access to the StafaCT software to healthcare organizations.

# In 2018, B. Braun Melsungen AG (Ireland) acquired the bloodlines business of NxStage Medical, Inc. (US), which operates under the Medisystems brand.

# In 2018, Abbott (US) received a CE mark for its Alinity h-series to be used in the European Union.

Key Questions Addressed by the Report:

# What are the growth opportunities related to the adoption of patient blood management solutions across the globe in the future?

# Which product segment will register the highest adoption rate during the forecast period?

# Where will the advancements in products offered by various companies take the industry in the mid- to long-term?

# Emerging countries have immense opportunities for the growth of the market. Will this scenario continue in the next five years?

# Which end users are estimated to adopt patient blood management systems?

# What are the key strategies adopted by the key players operating in the market?

Factors Influencing Global Growth:-

The growth of this market is attributed to the increasing demand for donated blood, rising prevalence of target diseases, increasing number of blood donations and blood donors, and technological advancements.

Restraint:

# High Cost Associated With Automated Systems

Opportunity:

# Market Penetration Opportunities in Developing Countries

# Growing Awareness Regarding the Safety of Donated Blood

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Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The global patient blood management market size is projected to reach USD 15.3 billion by 2024 from USD 10.7 billion in 2019, at a CAGR of 7.4% from 2019 to 2024.

Geographical Growth Scenario:

The patient blood management market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific blood management market is expected to register significant growth over the forecast period due to the modernization of healthcare infrastructure, increasing prevalence of chronic lifestyle diseases, and rising awareness about blood donation & blood safety. China accounted for a major share of the Asia Pacific market, owing to a large patient pool and favorable government guidelines to improve healthcare infrastructure in the country.

Leading Market Players:

# Haemonetics Corporation (US)

# Fresenius SE & Co. KGaA (Germany)

# Terumo Corporation (Japan)

# Immucor, Inc. (US)

# B. Braun Melsungen AG (Ireland)

# Macopharma (US) and many more…

An analysis of market developments between 2016 and 2019 revealed that several growth strategies such as product launches and enhancements, collaborations, partnerships, agreements, and strategic acquisitions were adopted by market players to strengthen their product portfolios and maintain a competitive position in the patient blood management market.

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Fill-finish manufacturing is the process of aseptically filling biologics in any form such as solution, powder, or suspension in containers such as vials, syringes, cartridges, ampoules, bottles, and bags. It is an integral part of biopharmaceutical manufacturing after upstream-cell culture & downstream-separation and purification operations.

Key Steps Involved in the Fill-Finish Process Includes:

# Cleaning

# Sterilization

# Filling

# Stoppering

# Lyophilization

# Capping

# Crimping

# Visual inspection.

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Factors Influencing Global Growth:-

Technological advancements in fill-finish products, growth of the biopharmaceutical industry, rising adoption of prefilled syringes, and increase in fill-finish outsourcing are the major factors driving this market.

Restraint:

# High Costs Associated With Isolators/Rabs

Opportunity:

# Growth of Biomanufacturing in Emerging Markets

Challenge:

# Challenges Associated With Manufacturing Prefilled Syringes

Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The fill-finish manufacturing market is expected to reach USD 4.47 Billion by 2022 from USD 2.96 Billion in 2017, at a CAGR of 8.6%. The base year considered for the study is 2016 and the forecast for the market size is provided for the period between 2017 and 2022.

Geographical Growth Scenario:

Europe is expected to dominate the fill-finish manufacturing market in 2017

In 2017, Europe is expected to account for the largest share of the global fill-finish manufacturing market. The large share of the European region is mainly attributed to factors such as the emergence of biosimilar market due to patent expiry of key biologic products, rising incidence of chronic disorders, and increasing focus of major players on enhancing their presence in Europe.

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The APAC region is expected to grow at the highest CAGR over the next five years. The growth of the fill-finish manufacturing market in this region is fueled by the overall growth in the biopharmaceutical industry.

Leading Market Players:

# Becton, Dickinson and Company (US)

# West Pharmaceutical Services, Inc. (West Pharmaceutical Services) (US)

# Gerresheimer AG (Gerresheimer) (Germany)

# Robert Bosch GmbH (Robert Bosch) (Germany)

# IMA (Italy)

# OPTIMA (Germany)

# Nipro Medical Corporation (US). and many more…

Product launches remain at the center of the strategic growth initiatives adopted by a majority of key players in the global fill-finish manufacturing market. Companies such as Schott (Germany), Stevanato (Italy), Gerresheimer (Germany), Robert Bosch (Germany), and Becton, Dickinson and Company (US) have been focusing on product launches to enhance their market presence. Players also focused on increasing their presence in high-growth markets through inorganic growth strategies, such as partnerships, collaborations, agreements, expansions, and acquisitions.

This study involved the extensive use of both primary and secondary sources. The research process involved the study of various factors affecting the Global Healthcare Cloud Computing Industry to identify the segmentation types, industry trends, key players, competitive landscape, key market dynamics, and key player strategies.

Objectives of this Study

# To define, describe, segment, and forecast the global healthcare cloud computing market by product, deployment model, component, pricing model, service model, and region.

# To provide detailed information about the factors influencing market growth (such as drivers, restraints, opportunities, and industry-specific challenges)

# To analyze micro markets with respect to individual growth trends, prospects, and contributions to the overall market

# To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

# To forecast the size of the market in four main regions along with their respective key countries (North America, Europe, the Asia Pacific, and the Rest of the World)

# To profile key players in the global market and comprehensively analyze their core competencies and market shares

# To track and analyze competitive developments such as product launches & expansions, and R&D activities of the leading players in the market

Recent Developments in the Global HIT Industry:

# In 2019, NTT DATA and Google Cloud announced a joint go-to-market strategy to provide consulting, implementation, and managed services to clients seeking digital transformation. Google Cloud enhanced NTT DATA's cloud transformation offerings by adding more Google Cloud resources in analytics, artificial intelligence, machine learning, cloud migration, IoT, security, and productivity.

# In 2019, IBM acquired Red Hat, which is a landmark acquisition for USD 34 billion. The addition will enhance IBM's hybrid cloud portfolio and aim to develop a next-generation multi-cloud hybrid platform.

# In 2018, DXC Technologies acquired TESM (UK) to expand the range of cloud-based solutions and enterprise software as a service solution. This enabled DXC to address customer needs across the Europe region.

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Key Questions Addressed by This Study:

# How will the current technological trends affect the healthcare cloud computing market in the long term?

# What are the reasons contributing to the growth of the provider and payer solutions in the market?

# Which regions are likely to grow at the highest CAGR in the global market?

# What are the challenges hindering the adoption of healthcare cloud computing in the market?

# What are the growth strategies being implemented by major market players?

Factors Influencing Global Growth:-

The growth of this market is primarily attributed to the increasing adoption of big data analytics, wearable devices, and IoT in healthcare and the advantages of cloud usage, such as improved storage, flexibility, and scalability of data.

Restraints:

# Data Security and Privacy Concerns

# Migration from Legacy Systems

# Complex Regulations Governing Cloud Data Centers

Opportunities:

# Emergence of the Telecloud

# Use of Blockchain in the Health Cloud

# Formation of Accountable Care Organizations

Challenges:

# Interoperability Issues

# Increased Dependence of Users on the Internet and Provider Renting Policies

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Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The global healthcare cloud computing market size is projected to reach USD 51.9 billion by 2024, from an estimated USD 23.4 billion in 2019 at a CAGR of 17.2 % during the forecast period.

Geographical Growth Scenario:

North America dominated the market in 2018

In 2018, North America accounted for the largest share of the global healthcare cloud computing market, followed by Europe. Factors such as the increasing adoption of Electronic Health Records (EHRs) among medical professionals, the incentive-driven approach of government health IT programs, and active participation by private sector players in industry development contribute to the largest share of this region.

Leading Market Players:

# IBM (US)

# Carestream Health, Inc (US)

# athenahealth (US)

# CareCloud Corporation (US)

# Siemens Healthineers (Germany)

# eClinicalWorks (US) and many more…

Product deployments, product launches, & approvals; acquisitions; and partnerships, agreements, and collaborations were the key strategies adopted by key players.

This study involved four major activities in estimating the current size of the Global Healthcare IT Industry. Exhaustive secondary research was done to collect information on the market as well as its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the sizes of segments and subsegments.

Objectives of this Study

# To define, describe, and forecast the healthcare IT market based on product & service, component, end user, and region

# To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)

# To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the overall market

# To analyze opportunities in the market for stakeholders and to provide details of the competitive landscape for market leaders

# To forecast the size of the healthcare IT market with respect to five geographic regions – North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East and Africa

# To profile key players in the healthcare IT market and comprehensively analyze their core competencies2 and market shares

# To track and analyze competitive developments such as agreements, partnerships, and collaborations; mergers and acquisitions; new product/technology/service launches and upgrades; and research and development activities of leading players in the healthcare IT market

Recent Developments in the Global HIT Industry:

# In 2019, Philips launched Cares Aging & Caregiving service.

# In 2018, Change Healthcare launched Dx Gap Advisor

# In 2017, Optum acquired DaVita Medical Group (US). The acquisition of DaVita enhanced Optum’s physician-led primary, specialty, in-home, and surgery-care delivery services business.

# In 2017, Cognizant acquired TMG Health (US) to expand its business process-as-a-service solutions for government and public health programs

# In 2018, Optum collaborated with Humana (US), MultiPlan (US)  and Quest Diagnostics (US) to form a group to explore the blockchain technology to improve data quality and reduce administrative costs in healthcare

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Key Questions Addressed by This Study:

# Who are the top 10 players operating in the healthcare IT market?

# What are the driving factors, restraints, opportunities, and challenges in the market?

# What are the industry trends as well as the current scenario in the healthcare IT market?

# What are the growth trends in the market at the segmental and overall market levels?

Factors Influencing Global Growth:-

The demand for healthcare IT solutions and services is driven by government mandates & support for healthcare IT solutions, rising use of big data in healthcare, high returns on investment for healthcare IT solutions, and the need to curtail escalating healthcare costs. However, IT infrastructural constraints in developing countries are expected to restrain the growth of this market during the forecast period.

Restraints:

# IT Infrastructural Constraints in Developing Countries

Opportunities:

# Rising Use of Healthcare IT Solutions in Outpatient Care Facilities

# Growing Mhealth, Telehealth, and Remote Patient Monitoring Markets

# Cloud-Based EHR Solutions

# Shift towards Patient-Centric Healthcare Delivery

Challenges:

# Security Concerns

# Interoperability Issues

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Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The healthcare IT market is projected to reach USD 390.7 billion by 2024 from USD 187.6 billion in 2019, at a CAGR of 15.8% during the forecast period.

Geographical Growth Scenario:

“North America dominated the Healthcare IT market in 2018”

The Healthcare IT market is broadly segmented into five major regions, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest share of the Healthcare IT market in 2018. The large share of this region can be attributed to the technological competencies of healthcare industry and presence of well-established healthcare IT infrastructure in this regions. Changing regulatory requirements for improving quality of healthcare and increasing patient safety and rising healthcare expenditures are some of the key factors driving the growth of the healthcare IT market in North America.

Leading Market Players:

# Optum (US)

# Cerner (US)

# Cognizant (US)

# Change Healthcare (US)

# Philips Healthcare (Netherlands)

# Epic Systems (US) and many more…

Product deployments, product launches, & approvals; acquisitions; and partnerships, agreements, and collaborations were the key strategies adopted by key players.

The study involved four major activities in estimating the current size of the Tracheostomy Products Market. Exhaustive secondary research was carried out to collect information on the market and its different sub segments. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation procedures were used to estimate the size of segments and sub segments.

Objectives of this Study:

# To define, describe, and forecast the tracheostomy market based on product, technique, end user, region, and country

# To provide detailed information on the major factors influencing market growth (such as drivers, restraints, opportunities, and industry-specific challenges)

# To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and their contributions to the overall tracheostomy market

# To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

# To forecast the market value of various segments and sub-segments with respect to five regions—North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

# To profile the key players in the tracheostomy market and comprehensively analyze their global revenue shares and core competencies

# To track and analyze competitive market-specific developments such as product launches, partnerships, expansions, and acquisitions

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Recent Developments in the Global Industry:

# In February 2019, Medtronic Plc entered into a partnership with Medical University of South Carolina (US) for the development of better and affordable healthcare solutions (including tracheostomy procedure for breathing assistance) for patients

# In October 2017, Medtronic Plc established the Chengdu Innovation Center at Singapore for cross-disciplinary clinical training and R&D.

Key Questions Addressed by This Study:

# Emerging countries are offering immense opportunities for the growth and adoption of market. Will this scenario continue in the coming years?
# Where will all the advancements in products offered by various companies take the industry in the mid-to-long term?
# What are the various research institutes where tracheostomy products find a high adoption rate?
# What are the new trends and advancements in the market?
# How is the shift in dynamics shaping the future of the market?

Factors Influencing Global Growth:-

The major factors driving the growth of the tracheostomy products market are the availability of clinical evidence for their safety & efficacy and increasing adoption of tracheostomy procedures among medical professionals owing to procedural benefits offered by tracheostomy products. Moreover, the rising demand for home care services is expected to play a significant role in fueling market growth.

Restraints:

# High Cost of Tracheostomy Procedures
# Increasing Pricing Pressure on Market Players

Opportunities:
# Emerging Markets

Challenges:
# Dearth of Skilled Surgeons

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Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The tracheostomy products market size is projected to reach USD 220 million by 2024 from USD 179 million in 2019, at a CAGR of 4.2%.

Geographical Growth Scenario:

North America dominates the tracheostomy products market

The market is segmented into five major regions, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest share of the market in 2018. Factors such as the presence of a highly developed healthcare system, an increasing number of emergency department visits, high adoption of innovative tracheostomy devices among medical professionals, and wide availability of advanced tracheostomy devices are driving the market for tracheostomy products in North America.

Leading Market Players:

# Medtronic plc (Ireland)
# Smiths Group plc (UK)
# TRACOE Medical GmbH (Germany)
# Teleflex Incorporated (US)
# Fisher & Paykel Healthcare Ltd. (New Zealand)
# ConvaTec Group (US)) and many more…

The analysis of market developments between 2015 and 2019 revealed that several growth strategies such as collaborations and market expansions were adopted by players to strengthen their product portfolio and maintain a competitive position in the tracheostomy products market.

The study involved four major activities in estimating the current size of the ATP Assays Market. Exhaustive secondary research was conducted to collect information on the market as well as its peer and parent markets. The next step is to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the sizes of segments and sub segments.

Objectives of this Study

# To define, describe, segment, and forecast the ATP assays market based on product, application, end user, and region

# To provide detailed information regarding the major factors influencing market growth (such as drivers, restraints, and opportunities)

# To analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market

# To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market players

# To forecast the size of the market in five main regions—North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa

# To profile key players in the ATP assays market and comprehensively analyze their core competencies and market shares

# To track and analyze competitive developments such as mergers, acquisitions, collaborations, agreements, and partnerships reported by leading players in the market

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Recent Developments in the Global Industry:

# In March 2019, Promega launched the Water-Glo reagent, which uses bioluminescent technology to measure ATP and is used for monitoring microbial contamination in freshwater, process water, seawater, or wastewater samples.

# In August 2018, Hygiena acquired Biomedal’s Food Safety division. Under this acquisition, the new division will be named Hygiena Diagnóstica España and will provide allergen tests and assays in the market.

# In February 2018, Merck invested around USD 44 million (~EUR 40 million) for expanding its manufacturing and distribution centers in South Korea, India, and China.

# In August 2017, Hach (a subsidiary of Danaher Corporation) expanded its Loveland, US campus by inaugurating a new facility for R&D.

Key Questions Addressed by This Study:

# Which are the top 10 players operating in the ATP assays market?
# What are the drivers, restraints, opportunities, and challenges of the market?
# What are the prevailing industry trends, and what is the current scenario in the market?
# What are the growth trends in the market at the segmental and overall levels?
# How is the market performing in different regions across the globe?

Factors Influencing Global Growth:-

Growth in this market is majorly driven by the increasing demand for ATP assays in pharmaceutical & biotechnology companies, rising investments in pharmaceutical & biotechnology R&D, the increasing prevalence of cancer and other chronic and infectious diseases, and the shift from culture-based tests to rapid tests.

Restraints:
# High Cost of Instruments

Opportunities:
# Technology Enhancements in ATP Assay Probes
# Growth Prospects in Emerging Markets

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Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The global ATP assays market size is projected to reach USD 315 million by 2024 from USD 191 million in 2019, at a CAGR of 10.5% during the forecast period.

Geographical Growth Scenario:

Asia Pacific is expected to witness the highest growth in the ATP assays market from 2019 to 2024

The global ATP assays market is segmented into five major regions—North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. During the forecast period, the Asia Pacific market is estimated to grow at the highest CAGR, as several countries are witnessing a growing number of proteomics, genomics, and stem cell research activities, increasing research funding, rising investments by pharmaceutical & biotechnology companies, and the growing trend of research infrastructure modernization.

Leading Market Players:

# Merck KGaA (Germany)
# Thermo Fisher Scientific, Inc. (US)
# PerkinElmer, Inc. (US)
# Lonza Group (Switzerland)
# Promega Corporation (US)
# Agilent Technologies, Inc. (US) and many more…

These players adopted various strategies such as partnerships, agreements, mergers, and acquisitions to expand their presence in the Global ATP Assays Market.

Major Industry Growth Boosters:

Rising incidence of cancer and prevalence of cardiovascular diseases are the major factors driving the growth of this market. In addition, increasing number of ablation procedures, hospitals, surgical, and ablation centres and emergence of next-generation ablation products and technologies are further aiding to the growth prospects of this market.

Growth Restricting Factors:

However, reuse and reprocessing of devices in developing countries and healthcare cost-containment measures taken in a number of developed countries can hinder the growth of this market.

The global ablation technologies market was dominated by Medtronic (Ireland), Biosense Webster Inc. (U.S.), Boston Scientific Corporation (U.S.), and St. Jude Medical (U.S.), in 2016. These companies together accounted for a share of ~60% of the market in 2015. In 2015, Medtronic accounted for the largest share of the market due to the acquisition of Covidien

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Medtronic plc has a wide product portfolio with advanced mapping catheters, microwaves, cryoablation, and radiofrequency ablation devices. Furthermore, the company’s wide geographic presence enables it to maintain its leading position in the market. The company acquired Covidien plc in January 2015 which helped Medtronic intensify its product portfolio, increase its global reach, and strengthen its position in the market. The company focuses on product development, product launches, and strategic acquisitions as its key business strategies to ensure its growth in the market.

Biosense Webster, Inc. held the second position in the market in 2015. Over the past three years, the company has been focusing on innovative product developments to increase its share in the market. It launched several ablation products between 2013 and 2016, including THERMOCOOL SMARTTOUCH SF Catheter (August 2016), CARTO 3 System CONFIDENSE module (June 2015), THERMOCOOL SMARTTOUCH Catheter (February 2014). In addition, the strong geographic presence and large customer base enable the company to maintain its leading position in the market.

In the market, leading players are adopting the strategies of product development, product launches, geographic expansions, agreements, acquisitions, and joint ventures to expand their presence. Market players adopted these strategies to access new technologies, develop novel products, expand their product portfolio, enter into growing markets, and increase their market share. In addition to the top market players, companies such as St. Jude Medical, Inc. (U.S.), Boston Scientific Corporation (U.S.), AngioDynamics, Inc. (U.S.), and AtriCure, Inc. (U.S.) are primarily focused on launching new ablation devices and acquisitions to widen their product offerings in the market.

Major strategic developments are taking place in the field of radiofrequency ablation technology, which exhibits high growth potential in the near future. Dominant market players such as Medtronic, Inc. (U.S.), St. Jude Medical, Inc. (U.S.), Boston Scientific Corporation (U.S.), and CONMED Corporation (U.S.), have introduced several advanced radiofrequency ablation devices during 2013 to 2016 to keep pace with the industry trends.

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Target Audience:

# Ablation Device Manufacturing Companies
# Healthcare Institutions (Hospitals and Outpatient Clinics)
# Distributors and Suppliers
# Research Institutions
# Market Research and Consulting Firms
# Contract Research Organizations (CROs) and Contract Manufacturing Organizations (CMOs)

Thermo Fisher Scientific, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), and Danaher Corporation (U.S.) are the leading players in the global process analytical technology market. The strong position of these companies in the market can primarily be attributed to their global presence and broad product portfolio.

Other major players in the market include Bruker Corporation (U.S.), PerkinElmer, Inc. (U.S.), Shimadzu Corporation (Japan), ABB Ltd. (U.S.), Carl Zeiss AG (Germany), Emerson Electric Co. (U.S.), and Mettler-Toledo International Inc. (U.S.).

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Thermo Fisher Scientific Inc. dominated the global PAT market in 2016. The company offers analytical technologies through its analytical instruments business segments, which cater to the markets in developed as well as developing countries. The company mainly focuses on product launches as its key growth strategy.

The company launched many products between January 2016 and July 2016, including the Vanquish Flex Binary UHPLC system, Q Exactive BioPharma, Exactive GC Orbitrap GC-MS, Dionex Chromeleon 7.2 Chromatography Data System, and MAbPac RP column. The company also enters into collaborations, agreements, and partnerships as well as adopts expansions as a growth strategy to maintain its market presence. Thermo Fisher has a significant global footprint in almost all the regions of the world owing to its strong sales and distribution network.

Agilent Technologies, Inc. held the second position in the global PAT market in 2016. Agilent Technologies operates under three business segments, namely, Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. The company focuses on organic growth strategies such as product launches and expansions in various territories to keep up with its competitors. Agilent offers a broad portfolio of PAT solutions and has a vast geographic presence with distribution channels across the Americas, Europe, Asia-Pacific, and the Middle East.

Danaher Corporation held the third position in the global PAT market. The company offers its process analytical technology solutions through its subsidiary, AB Sciex LLC, (U.S.). It focuses on strategies such as partnerships and collaborations to enhance its technical strengths as well as secure its market position. The company also focuses on product launches to improve its portfolio. The company has a global presence in developed regions such as North America and Europe as well as developing regions such as Asia-Pacific and Latin America.

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Companies in the process analytical technology market are majorly focusing on product launches for strengthening their market share; this strategy accounted for 63.5% of the total number of strategic developments undertaken by key players in this market.

Objectives of this Study

# To define, describe, segment, and forecast the healthcare claims management market by component, delivery mode, type, end user, and region

# To provide detailed information about factors (drivers, restraints, opportunities, and challenges) influencing healthcare claims management market growth

# To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

# To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

# To forecast the size of the healthcare claims management market segments with respect to North America, Europe, Asia, and the Rest of the World (RoW)

# To strategically analyze the market structure and profile the key players of the global healthcare claims management and comprehensively analyze their core competencies

# To track and analyze competitive developments such as agreements, collaborations, and partnerships; product deployments, product launches, and enhancements; acquisitions; and expansions in the healthcare claims management market

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Target Audience for This Study:

# Healthcare insurance companies/payers

# Healthcare IT service providers

# Healthcare institutions/providers

# Venture capitalists

# Healthcare BPO Vendors

# Healthcare KPO Vendors

# Government bodies

# Corporate entities

# Accountable care organizations

Factors Influencing Global Growth:-

The key factors driving the growth of this market are increasing patient volumes, expanding health insurance market, growing importance of denials management, and declining reimbursement rates.

Restraints:

# High Cost of Deployment

Opportunities:

# Emerging Countries

# Cloud-Based Solutions

# Artificial Intelligence in Health Insurance

# Rising Adoption of Electronic Health Records

Challenges:

# Integration of Claim Management Solutions

# Data Breaches and Loss of Confidentiality

# Lack of Skilled It Professionals in Healthcare

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Monetary Growth Expectations, Globally:

According to the Research Study conducted by MarketsandMarkets™: The healthcare claims management market is expected to reach USD 13.93 billion by 2023 from an estimated USD 10.77 billion in 2018, at a CAGR of 5.3%.

Geographical Growth Scenario:

North America is expected to account for the largest share of the healthcare claims management market in 2018, followed by Europe. The large share of North America can be attributed to the high and growing HCIT investments in the region and the presence of regulatory mandates favoring the implementation of healthcare claims management solutions. Also, several major global players are based in the US, owing to which the US has become a center for innovation in the healthcare claims management solutions market.

Leading Market Players:

# Cerner Corporation (US)

# McKesson Corporation (US)

# athenahealth (US)

# eClinicalWorks (US)

# Optum, Inc, (US)

# Conifer Health Solutions (US) and many more…

Product deployments, product launches, & approvals; acquisitions; and partnerships, agreements, and collaborations were the key strategies adopted by key players

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