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Global Disposable Tweezers Market to Surpass US$ 380.6 Million by 2027, Says Coherent Market Insights (CMI)

According to Coherent Market Insights, the global disposable tweezers market is estimated to be valued at US$ 276.0 million in 2020 and is expected to exhibit a CAGR of 5.30% over the forecast period (2020-2027).

Key Trends and Analysis of the Global Disposal Tweezers Market:

Global disposable tweezers market is expected to have significant growth, owing to increase in the surgical procedures and thus driving the growth of disposable tweezers market. According to US National Library of Medicine report published in 2016, stated that every year till 2016 approximately 310 million of individuals undergo surgical treatments due to various health conditions such as cancers, cardiovascular diseases, and oral diseases.

Moreover, global disposable tweezers market is going to witness significant growth owing to various research institutes and academic institutes are taking initiatives in field of disposables market. For instance, in 2017, UC San Diego Health, the academic health system of the University of California and academic hospital system in San Diego, suggested the pharmacy stores and retail stores in US to include following medical and surgical equipment first health kit. Medical and surgical equipment included in list were sterile gauge pads, rectangular bandages, pair of plastic tweezers and forceps and one breathing barrier.

Among region, Europe has increasing prevalence of oral diseases such periodontitis, and tooth decay are leading to rise in use of surgical equipment such as tweezers, dental glasses, these factors are expected to drive the disposable tweezers market in the region. According to World Health Organization report published in 2016, stated that approximately 20% to 90% of children of age below 6 years are suffering from dental caries and undergo procedures for removal of tooth decays and approximately 5% to 20% of adults are suffering from periodontitis.

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Key Market Takeaways:

The global disposable tweezers market is expected to exhibit a CAGR of 5.30% over the forecast period, as increasing prevalence of dentistry procedures, increasing initiatives by research institutes for use of surgical equipment and increasing prevalence of surgical procedures.

Competitive Landscape:

Key players operating in the global disposable tweezers market include Burkle Inc, Sampling Systems Ltd, TIGA-MED Germany GmbH, MECO Instruments Pvt. Ltd, Arrowhead Forensics, 3M Healthcare, Cole-Parmer, Caplugs Evergreen, MilliporeSigma, and Changzhou Yuekang Medical Appliance Co., ltd.

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Market Segmentation:

  • Global Disposable Tweezers Market, By Product Type :

  • Global Disposable Tweezers Market, By Application:

    • Dental

    • Surgical

    • Forensic

    • Others

  • Global Disposable Tweezers Market, By Distribution Channel:

    • Hospital Pharmacies

    • Retail Pharmacies

    • Online Pharmacies

  • Global Disposable Tweezers Market, By Region:

    • North America

    • Latin America

      • Brazil

      • Mexico

      • Argentina

      • Rest of Latin America

    • Europe

      • Germany

      • U.K.

      • France

      • Italy

      • Spain

      • Russia

      • Rest of Europe

    • Asia Pacific

      • China

      • India

      • Japan

      • Australia

      • South Korea

      • ASEAN

      • Rest of Asia Pacific

    • Middle East

      • GCC

      • Israel

      • Rest of Middle East

    • Africa

      • South Africa

      • Central Africa

      • North Africa

Related Market Intelligence Report:

Australia Reprocessed Medical Devices Market, By Device (Gastroenterology Devices, Cardiology Devices, Laparoscopy Devices, Orthopedic/ Arthroscopic Devices, ENT Devices, Others), By Classification (Critical,

Global Amitriptyline Market to Surpass US$ 762.6 Million by 2027, Says Coherent Market Insights (CMI)

According to Coherent Market Insights, the global amitriptyline market is estimated to be valued at US$ 527.4 million in 2020 and is expected to exhibit a CAGR of 5.3% during the forecast period (2020-2027).

Key Trends and Analysis of the Global Amitriptyline Market:

Various research institutes are studying the effect of amitriptyline for various disease indications, which is expected to drive the growth of global amitriptyline market. For instance, in April 2016, Boston Medical Center has initiated phase 2 clinical study to compare the effectiveness of amitriptyline versus placebo (inactive medication) in treating chronic laryngitis. The study is expected to complete in October 2022.

The increasing prevalence of depression or bipolar disorders is expected to drive demand for tricyclic antidepressants such as amitriptyline, and thereby contribute to the growth of the global amitriptyline market. According to the Global Burden of Disease Collaborative Network, in 2017, the prevalence of bipolar disorder ranged from 0.3% to 1.2% by country and around 46 million people suffered from the bipolar disorder worldwide. Bipolar disorder is a brain disorder, also known as manic illness that affects the mood, energy level, and other activities.

Moreover, the increasing prevalence of migraine is another factor contributing to growth of the amitriptyline market. According to Migraine Research Foundation, migraine is the third most common disease in the world, and has affected 39 million men, women and children in the U.S. and 1 billion worldwide in 2019.

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Key Market Takeaways:

The Global Amitriptyline Market is expected to exhibit a CAGR of 5.3 % during the forecast period, due to increasing prevalence of neuropathic pain, and migraine.

Among regions, Asia Pacific is expected to witness significant growth in the global Amitriptyline Market during the forecast period owing to presence of local players in the region such as ALPIC BIOTECH (India), Dycine Pharmaceuticals Limited, Mesmer Pharmaceuticals, and other companies offering amitriptyline.

Competitive Landscape:

Key players operating in the Global Amitriptyline Market are Accord Healthcare Inc., Mylan Pharmaceuticals Inc., Sandoz Inc., Sun Pharmaceutical Industries Inc., Vintage Pharmaceuticals Inc., Zydus Pharmaceuticals USA Inc., Watson laboratories Inc., and Torrent Pharmaceuticals Ltd.

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Market Segmentation:

Related Market Intelligence Report:

Collagen Filler Market, by Product Type (Collagen with PMMA and Collagen without PMMA), by Source (Bovine, Porcine, and Others), by Application (Face Rejuvenation, Wrinkles, Scar Treatment, Lip Treatment, Cellulite Reduction, and Others), By End User (Hospitals, Dermatology Clinics, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027

Read more: https://www.coherentmarketinsights.com/market-insight/collagen-filler-market-4209

Softgel Tumble Dryer Market, by Instrument Type (Standard Tumble Dryer and Continuous Tumble Dryer), by End User (Pharmaceutical Companies, Health Supplements Companies, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027

Read more: https://www.coherentmarketinsights.com/market-insight/softgel-tumble-dryer-market-4208

North America E-pharmacy Market, by Product Type (Prescription (Rx) and Over-the-counter) and by Country

Nickel Alloys Market Analysis, Trends, and Forecasts, 2017-2022 by SpendEdge

The Nickel Alloys market size is expected to grow over USD 2 billion at a Compound Annual Growth Rate (CAGR) of 3.2% during the forecast period of 2017-2022.

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SpendEdge has announced the release of its Global Nickel Alloys Market Procurement Intelligence Report (Graphic: Business Wire)

Various end-user sectors are exhibiting their growing demand for express delivery of products which is fuelling spend growth in the Nickel Alloys market. For instance, the express delivery of products such as investigational medical products, clinical supplies, and patient samples is critical for buyers in the healthcare sector.

This report also offers market impact and new opportunities created due to the COVID-19 pandemic. Request free sample pages

Top Spending Regions in the Nickel Alloys Market:

According to the spend share and forecasts, APAC and Europe will be the leading regions in the Nickel Alloys market.

To know more about these regions and their influence in on the Nickel Alloys market Request free demo

Insights that drive the Supply chain market of Nickel Alloys Market:

  • Courier express and parcel service providers’ profit margins are expected to increase owing to the rise in adoption of cost-plus pricing and asset utilization rates.

  • In the Nickel Alloys market, service providers prefer to their services based on seasonal demand.

Some of the top Nickel Alloys suppliers listed in this report:

This Nickel Alloys procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

  • Aperam

  • ATI

  • Carpenter Technology

  • Thyssenkrupp

  • Haynes International

Reason to download the free sample of this report:

  • To have a better grasp over the market dynamics

  • Understand the key market trends

  • Better supplier understanding and have an edge over the negotiation

  • Know what are the factors that influence the demand-supply shifts

  • Help you interpret and use the best procurement practices in this market

  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market

To get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment, Contact Us.

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.

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Soft Drinks Market| Product Innovations to Boost the Market Growth

The global soft drinks market size is poised to grow by USD 216.74 billion during 2020-2024, progressing at a CAGR of almost 5% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

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Technavio has announced its latest market research report titled Global Soft Drinks Market 2020-2024 (Graphic: Business Wire)

The product innovations as one of the major factors driving the growth of the soft drinks market. Market players are focusing on enhancing their sales volume by launching new products with better formulation, ingredients, and packaging. They are also introducing products with added benefits for people concerned about their health and wellness. For instance, Coldpress launched two new low-calorie cold-pressed juices, which are said to have no more than 65 calories in a 150 ml bottle. These factors will boost the market growth.

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Report Highlights:

  • The major soft drinks market growth came from the juices and juice concentrates segment. The demand for juice products is increasing among consumers owing to their detoxifying properties. Moreover, players are coming up with new juice cleanses to cater to the changing consumer preferences. Product innovations such as cold-pressed juices will also drive the growth of the market during the forecast period. As a result of these factors, the segment is witnessing an increasing number of new product launches, which is driving the adoption of juice and juice concentrates among consumers.

  • APAC will offer several growth opportunities to market vendors during the forecast period. The growing investments, introduction of new products, and product innovations will significantly drive soft drinks market growth in this region over the forecast period.

  • The global soft drinks market is fragmented. Cott Corp., Danone SA, Keurig Dr Pepper Inc., Monster Beverage Corp., Nestlé SA, PepsiCo Inc., Red Bull GmbH, Suntory Holdings Ltd., The Coca Cola Co., and The Kraft Heinz Co. are some of the major market participants. To help clients improve their market position, these soft drinks market forecast report provides a detailed analysis of the market leaders.

  • As the business impact of COVID-19 spreads, the global soft drinks market 2020-2024 is expected to have Neutral and At par growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

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Innovative Marketing Campaigns will be a Key Market Trend

Innovative marketing campaigns is one of the key trends that will influence

Frozen Food Market | Demand of Vegan Frozen Food to Boost the Market Growth

The global frozen food market size is poised to grow by USD 64.69 billion during 2020-2024, progressing at a CAGR of about 11% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

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Technavio has announced its latest market research report titled Global Frozen Food Market 2020-2024 (Graphic: Business Wire)

The growing consumer inclination toward vegan frozen food is one of the key factors driving the frozen food market growth. With the rising awareness about the health benefits of vegan food, the demand for plant-based dairy alternatives and food products has increased. In addition, the demand for meat alternatives in countries such as the UK and the US has increased. This is further encouraging vendors to innovate frozen vegan products to provide healthy alternatives such as tofu and wheat-based protein products. Companies are launching new products, including frozen food items such as vegan frozen burgers, fillets, and vegetable balls.

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Report Highlights:

  • The major frozen food market growth came from frozen ready meals segment. The increasing availability of nutrient-rich varieties of frozen ready meals and the rise in consumer shift toward healthy food options are contributing to the frozen food market share growth by the frozen ready meals segment. The frozen food market growth by the frozen ready meals segment will be slower than the growth of the market by the frozen fruits and vegetables segment.

  • North America will offer several growth opportunities to market vendors during the forecast period. The increasing number of consolidations through M&As and the growing innovative marketing campaigns by vendors as well as the premiumization of frozen foods products are some of the factors that will significantly drive the frozen food market growth in this region over the forecast period.

  • The global frozen food market is fragmented. Ajinomoto Co. Inc., Bonduelle SCA, Conagra Brands Inc., Dr. August Oetker Nahrungsmittel KG, George Weston Ltd., Kerry Group Plc, McCain Foods Ltd., Nestlé SA, Nomad Foods Ltd., and Tyson Foods Inc. are some of the major market participants. To help clients improve their market position, this frozen food market forecast report provides a detailed analysis of the market leaders.

  • As the business impact of COVID-19 spreads, the global frozen food market 2020-2024 is expected to have Positive and Superior growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

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Superfoods Market | Health Benefits of Superfoods to Boost the Market Growth

The global superfoods market size is poised to grow by USD 244.68 billion during 2020-2024, progressing at a CAGR of about 17% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

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Technavio has announced its latest market research report titled Global Superfoods Market 2020-2024 (Graphic: Business Wire)

The health benefits of superfoods are boosting their popularity among end-users. Superfruits are rich in fibers, vitamins, antioxidants, polyphenols, and minerals which help in digestion, strengthening the immune system, muscles and bones, and protecting the body from wear and tear. The growing health consciousness and the need for leading a healthier lifestyle are also contributing to the increasing demand for superfoods. To cater to this demand, vendors are offering superfoods in various forms including powders, snacks, mixes, and shots. In addition to the need for superfoods from the beauty and personal care products segments, the health benefits of superfoods will also drive market growth.

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Report Highlights:

  • The major superfoods market growth came from superfruits segment. Superfruits are rich in nutrients and antioxidants that prevent or delay cell damage. The numerous health benefits of superfruits will boost their demand during the forecast period. Market growth in this segment will be slower than the growth of the market in the superseeds and supergrains, edible seaweed, and other segments.

  • North America was the largest superfoods market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Growing consumer awareness about various health benefits offered by superfoods and frequent product launches under the superfood category will significantly influence superfoods market growth in this region.

  • The global superfoods market is fragmented. Archer-Daniels-Midland Co., Creative Nature Ltd., Del Monte Pacific Ltd., General Mills Inc., Healthy Truth, Natures Superfoods LLP, Navitas LLC, Rhythm Superfoods LLC, Sunfood, and Superlife Co. Pte. Ltd. are some of the major market participants. To help clients improve their market position, this superfoods market forecast report provides a detailed analysis of the market leaders.

  • As the business impact of COVID-19 spreads, the global superfoods market 2020-2024 is expected to have Positive and Superior growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

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Increasing Application of Superfood Ingredients in Beauty and Personal Care Products will be a Key Market Trend

The growing awareness about the side effects

Regenerative Medicine Market | Increasing Prevalence of Chronic Diseases to Boost the Market Growth

The global regenerative medicine market size is poised to grow by USD 9.55 billion during 2020-2024, progressing at a CAGR of over 20% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

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Technavio has announced its latest market research report titled Global Regenerative Medicine Market 2020-2024 (Graphic: Business Wire)

The increasing prevalence of various chronic diseases is one of the primary factors which will drive regenerative medicine market growth during the forecast period. The incidence of many musculoskeletal disorders and bone injuries such as arthritis, osteoporosis, and severe limb trauma injuries requiring hospitalization is also increasing. Regenerative medicine opens the possibility of overcoming previously untreatable diseases using new treatment methods like processed cells for reconstructing tissues. It has the unique capability of altering the fundamental mechanisms of disease and also helps in reducing healthcare costs by eliminating the need for long-term hospitalization or drug regimes. This is leading to the increased adoption of regenerative medicine for the treatment of chronic diseases.

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Report Highlights:

  • The major regenerative medicine market growth came from the cell and tissue-based segment. Cell therapy is used to administer living cells into an individual’s body to restore the functioning of the diseased or damaged body organ. This therapy uses somatic cells and stem cells, such as embryonic stem cells, progenitor cells, hematopoietic stem cells, and mesenchymal stem cells.

  • North America had the largest regenerative medicine market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing prevalence of chronic and acute diseases, the rapidly rising aging population, and high awareness about regenerative therapies will significantly influence regenerative medicine market growth in this region.

  • The global regenerative medicine market is fragmented. Allergan Plc, Amgen Inc., Hitachi Chemical Co. Ltd., Integra LifeSciences Holdings Corp., Medtronic Plc, MiMedx Group Inc., Organogenesis Holdings Inc., Smith & Nephew Plc, Takeda Pharmaceutical Co. Ltd., and Zimmer Biomet Holdings Inc. are some of the major market participants. To help clients improve their market position, this regenerative medicine market forecast report provides a detailed analysis of the market leaders.

  • As the business impact of COVID-19 spreads, the global regenerative medicine market 2020-2024 is expected to have Neutral and At par growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

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Increasing Number of Clinical Trials

Bicycle Market | Environmental & Economic Benefits of Bicycles to Boost the Market Growth

The global bicycle market size is poised to grow by USD 10.5 billion during 2020-2024, progressing at a CAGR of almost 4% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

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Technavio has announced its latest market research report titled Global Bicycle Market 2020-2024 (Graphic: Business Wire)

The health, environmental, and economic benefits of cycling will be a significant factor driving the growth of the bicycle market. Regular physical activity such as riding a bicycle can help in reducing the risk of various health issues, including cardiovascular diseases, obesity, mental illness, cancer, diabetes, and arthritis. Cycling also helps in reducing and controlling weight by building muscle and burning body fat. Bicycles are highly economical and do not involve fuel, insurance, and maintenance costs. Moreover, bicycles are environmentally sustainable and do not contribute to air pollution, noise pollution, and GCG emissions. These benefits of bicycles will boost its adoption among end-users and consequently fuel the growth of the market during the forecast period.

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Report Highlights:

  • The major bicycle market growth came from the on-road and track bicycles segment. On-road bicycles offer high comfort, which makes it ideal for traveling long distances while touring cities. Track bicycles are optimized for racing on outdoor tracks or velodromes. Hence, with the growth in cycling tourism and velodrome events, the demand for on-road and track bicycles will also grow during the forecast period. However, market growth in this segment will be slower than the growth of the market in the x-road and hybrid bicycles segment.

  • APAC was the largest market for bicycles in 2019, and the region will offer the maximum growth opportunities to market vendors during the forecast period. The increasing health consciousness, growing environmental concerns regarding CO2 emissions, rising urbanization and traffic congestion, and growing use for personal transportation will fuel the bicycle market growth in this region.

  • The global bicycle market is fragmented. Accell Group NV, Atlas Cycles (Haryana) Ltd., Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., GUANGDONG TANDEM INDUSTRIES Co. Ltd., Insera Sena. PT., Merida Industry Co. Ltd., Tandem Group Plc, and Trek Bicycle Corp. are some of the major market participants. To help clients improve their market position, this bicycle market forecast report provides a detailed analysis of the market leaders.

  • As the business impact of COVID-19 spreads, the global bicycle market 2020-2024 is expected to have Negative and Inferior growth. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.

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Europe Telerehabilitation Systems Market to surpass US$ 104.6 million by 2027, Says Coherent Market Insights (CMI)

According to Coherent Market Insights, the Europe telerehabilitation systems market is estimated to be valued at US$ 56.8 million in 2020 and is expected to exhibit a CAGR of 9.1% during the forecast period (2020-2027).

Key Trends and Analysis of the Europe Telerehabilitation Systems Market:

The Europe telerehabilitation systems market is expected to witness significant growth owing to the increasing prevalence of stroke. According to the American Heart Association, in 2017, there were 1.12 million stroke incidents in the European Union, 9.53 million stroke survivors, 0.46 million deaths, and 7.06 million disability-adjusted life years were lost because of stroke.

Moreover, according to data published by the European Academy of Neurology (EAN), in 2017, around 220.7 million people in Europe were suffering from at least one neurological disease, and out of these, around 8.2 million people suffered a stroke.

Launch of telerehabilitation systems is also expected to drive the growth of the Europe telerehabilitation systems market. For instance, in 2014, CoRehab srl launched Riablo, a device designed to support physiotherapists in their everyday work with patients.

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Key Market Takeaways:

The Europe telerehabilitation systems market is expected to exhibit a CAGR of 9.1 % during the forecast period (2020-2027) due to increasing clinical research conducted for rehabilitation of patients suffering cardiac diseases. For instance, in May 2018, American Heart of Poland conducted a trial on myocardial revascularization patients. The main reason of this trial was to study the efficacy of telemedicine in optimal cardiac rehabilitation program in 1,000 patients.

Germany is expected to be the most lucrative region in the telerehabilitation systems market due to presence of major players such as Doctor Kinetic and Virtualware Group. Moreover, developed healthcare infrastructure and various policies supporting telerehabilitation are also expected to aid in growth of the market in Germany.

Competitive Landscape:

Key players operating in the Europe telerehabilitation systems market are 270 Vision Ltd., CoRehab srl, SWORD Health, S.A., MIRA Rehab Limited, re.flex, Evolv Rehabilitation Technologies S.L., Brontes Processing Ltd., Bridgeway Senior Healthcare, Rehametrics, MindMaze , DIH Medical and Doctor Kinetic.

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Market Segmentation:

  • Europe Telerehabilitation Systems Market, By Component:

  • Europe Telerehabilitation Systems Market, By Application:

    • Cardio-pulmonary

    • Neurology

    • Orthopedic

    • Others

  • Europe Telerehabilitation Systems Market, By End User:

    • Hospitals

    • Home Care Settings

    • Rehabilitation Centers

  • Europe Telerehabilitation Systems Market, By Country:

    • Germany

    • U.K.

    • France

    • Italy

    • Spain

    • Russia

    • Poland

    • Switzerland

    • Sweden

    • Belgium

    • Netherlands

    • Rest Of Europe

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Healthcare Mobility Solutions Market, By Type (Mobile Devices, Mobile Applications, Enterprise Mobility Platforms), By Application (Enterprise Solutions, mHealth Applications), By End User (Payers, Providers, Patients), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) – Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027

Read more: https://www.coherentmarketinsights.com/market-insight/healthcare-mobility-solutions-market-4081

IT-enabled Healthcare Market, By Type (Software (Administrative Information Systems (AIS), Electronic Medical Record (EMR), Nursing Information Systems (NIS), Computer Assisted Diagnosis (CAD), Ancillary Information Systems), Services (Tele-Health, Healthcare Diagnostics, Remote Patient Monitoring, Healthcare Education, mHealth)), By End User (Public/Private healthcare

Fitness App Market will Showcase Positive Impact during 2020-2024 | Increasing Demand for Wearable Devices to Boost the Market Growth

Technavio has been monitoring the fitness app market and it is poised to grow by USD 1.68 bn during 2020-2024, progressing at a CAGR of almost 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201008005641/en/

Technavio has announced its latest market research report titled Global Fitness App Market 2020-2024 (Graphic: Business Wire)

Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. adidas AG, ASICS Digital Inc., Azumio Inc., BetterME., FitNow Inc., Google LLC, Nike Inc., Samsung Electronics Co. Ltd., Under Armour Inc., and YAZIO GmbH are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Increasing demand for wearable devices has been instrumental in driving the growth of the market.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

Fitness App Market 2020-2024: Segmentation

Fitness App Market is segmented as below:

  • Gender

  • Application

    • Lifestyle Monitoring

    • Health Monitoring

    • Others

  • Geographic Landscape

    • APAC

    • North America

    • Europe

    • South America

    • MEA

Fitness App Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The fitness app market report covers the following areas:

This study identifies proliferation of a variety of fitness apps as one of the prime reasons driving the fitness app market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Fitness App Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024

  • Detailed information on factors that will assist fitness app market growth during the next five years

  • Estimation of the fitness app market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the fitness app market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of