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Medical Diseases Market Research Reports, Analysis & Trends
Operators in medical diseases industry provides analytic services to identify or determine the nature and cause of a disease or injury, through the evaluation of a patient鈥檚 history, examination and data. These services are provided to healthcare providers or patients upon referral from health practitioner. Interventional cardiologists utilize a variety of catheter-based tools for the diagnosis and treatment of heart vessel occlusions and heart defects. In 2008, approximately 6.5 million diagnostic and therapeutic interventional cardiology procedures were performed in the US, generating nearly $4.7 billion in corresponding product sales. It is expected that the number of interventional cardiology procedures performed in the US will climb to approximately 8.1 million in the year 2013.
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In seven major geographies diagnosed prevalent cases of allergic conjunctivitis were found to be 64.9 Million in 2016, out of which the highest diagnosed prevalent cases of this disease were seen in the United States, which accounted for approximately 51.5%
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Every 25 seconds someone in the US will suffer a coronary event, and every 60 seconds someone will die from such an event. In the next decade, the number of people living in the U.S. who have heart conditions is expected to continue to increase along with expansion in the elderly segment of the population and growth in the number of people with chronic disorders such as cardiovascular disease, diabetes, and obesity. Currently, nearly 18 million adults age 20 or older in the U.S. suffer from coronary heart disease (CHD), which is the single largest cause of death in the U.S. and also is the greatest cause of premature and permanent disability in the labor force; CHD is responsible for more than 50% of all cardiovascular events in men and women younger than age 75, and for 1 out of every 6 deaths. During this same period, sales of interventional cardiology products are projected to increase at a compound annual rate of 7.5%, reaching nearly $6.7 billion in the year 2013. The global market for rapid medical diagnostic kits (MDK) was $16.5 billion in 2011 and nearly $18.4 billion in 2012. This market is expected to reach $24.2 billion in 2017, at an estimated CAGR of 5.7% from 2012 to 2017.
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Our Featured Medical Disease Reports
Latest Trends in Medical Diseases
Healthcare has been shifting from curative care to detection, prevention and personalized care over the past five years, which has benefited the Diagnostic and Medical Laboratories industry. Moreover, the trend of preventive care stimulates demand for industry services, as more physicians monitor patients' blood and tissue, and test for health ailments with technology like MRI scans. However, the recession caused fewer individuals to have employer mandated health insurance and greatly limited industry revenue growth over the period. Nevertheless, during the next five years, the industry is expected to benefit from healthcare reform and the growing aging population, which will boost revenue, in turn. As per the reports, diagnostic laboratory testing will also see significant growth as it is predicted to reach $98.4 billion by 2017 mainly due to technological innovation, aging populations and increasing demand for esoteric and genetic testing. Barriers to entry in this industry are moderate, although they vary by segment. For instance, barriers are higher in the medical laboratory segment.
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A significant barrier is the requirement for licensure, certification and accreditation, which can raise the cost of entry. Also, certificate-of-needs laws in some states can restrict new supply in these states. The cost of establishing a new business can be high, mostly due to the high cost of new equipment. The establishment of a viable service network, for example- collection networks, a referral base, systems and a trained workforce can be costly and time intensive. Regulation accreditation and compliance can also be relatively high-cost. Reports suggest that there is a 20% growth in the diagnostics market in India, which is faster than any country in the world. In the financial year 2011-12, revenue earned by the diagnostics sector is $600 million as against听 $510 million in 2010-11. The growth factor is due to improved diagnostics tools, treatment monitoring, faster response times, and increased availability of over-the-counter tests, which patients can perform comfortably at their homes.听
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Major Operators in Medical Diseases Sector
Major players in the diagnoses of diseases are Roche Diagnostics, Abbot Diagnostics, Quest Diagnostics, Laboratory Corp. of America, Genoptix, Tulip Group, Transasia Biomedical, Span Diagnostic and Siemens diagnostics etc.听
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Diseases Industry Overall Growth Forecast
We offer syndicated/off-the-shelf and custom 91制片厂 reports covering Diseases industry. These reports are designed to provide a wholistic view of the global Diseases industry.
The major growth forecast covered are:
- Diseases Industry CAGR % Growth Forecast for 2022-2028
- Diseases Industry Value Growth Forecast for 2022-2028
- Diseases Industry Key Companies Growth Forecast for 2022-2028
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Diseases Industry Regional Data Coverage
The reports offered by us provide deep regional data for Diseases industry. This information is designed to help decision makers identify the key growth markets of Diseases industry and prepare their business strategy accordingly.
The major regional data covered are:
- Diseases Industry Region-Wise Growth Trends
- Diseases Industry Key Country Growth Opportunities
- Diseases Industry Focus on Most Important Markets
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Diseases Industry Trends Analysis
The reports covering Diseases industry offer trends analysis of various types. These include overall key growth opportunities in global Diseases industry.
The major trends and analysis covered are:
- Diseases Industry Key Player Profiles
- Diseases Industry SWOT Analysis
- Diseases Industry Growth Drivers and Challenges
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Latest Market Research Reports on Diseases Industry
Below mentioned is the list of reports available for on Diseases industry. If you are not able to locate the correct report, please use the search option available on top of this page to search for the right report. You can also chat with us using the online chat system facility available at the bottom right corner of this page. You can also send your requirements using the contact form.
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