Barotrauma Market Size, Share, Type, Treatment, Growth, Regional Overview, Segments, Demand and Forecast to 2023

MRFR Provides Appropriate Analysis of Global Barotrauma Market by Geographical Analysis, Scope, Applications, Products, Prominent Audience, End Users, and Market Players for Global, and Country Level Market Segments, etc

Pune, India - March 20, 2019 /MarketersMedia/ —

Market Highlights:

Owing to the increasing cases of ear barotrauma, technological advancements, increasing healthcare expenditure, unmet medical needs, patent expiration of blockbuster drugs, enhancing regulatory framework, increasing government assistance, and rising funding and reimbursement, the barotrauma market has evolved significantly.

However, huge capital investments with low-profit margins, strict FDA regulations, and poor healthcare system in the low and middle-income countries are likely to hamper the growth of the barotrauma market over the forecast period.

It is estimated that the barotrauma market is expected to have a CAGR of 6.5% during the forecast period of 2017–2023.

Request Free Sample Copy at https://www.marketresearchfuture.com/sample_request/5899

Top Players:

Some of the key players in the global barotrauma market are 3M, Accurate Surgical & Scientific Instruments Corporation, AptarGroup, AstraZeneca plc., Atos Medical, CellScope, Entellus Medical Inc., GlaxoSmithKline plc, HEINE, Inventis, Johnson & Johnson Services, Inc., Merck & Co., Inc., Novartis AG, Olympus Corporation, Pfizer, Inc., Cipla Ltd., Mylan N.V., Preceptis Medical, Rudolf Riester GmbH, Shanghai Yuejin, SinuSys Corporation, Teva Pharmaceutical Industries Ltd., Ranbaxy Laboratories Ltd., Sklar Surgical Instruments, Smith & Nephew Plc, Valeant pharmaceuticals International Inc., Hill-Rom, and others.

Segmentation:

The global barotrauma market is segmented by type, diagnosis, treatment, and end-user.

On the basis of type, the barotrauma market is classified as ear barotrauma, sinus barotrauma, and pulmonary (lung) barotrauma.

On the basis of diagnosis, the barotrauma market is classified as otoscopy, X-ray, Computed Tomography (CT) scan, pulmonary function test, lung perfusion scan, Magnetic Resonance Imaging (MRI), pulse oximetry, and others.

On the basis of treatment, the barotrauma market is classified as pressure relief, medications, surgery, oxygen treatment, recompression therapy, and others. The medications segment is further classified as decongestant nasal sprays, oral decongestants, oral antihistamines, painkillers, antibiotics, and others. The surgery segment is further classified as Functional Endoscopic Sinus Surgery (FESS), tympanostomy, Single Laparoscopic Incision Transabdominal (SLIT), and others.

On the basis of end-user, the barotrauma market is segmented into hospitals and clinics, trauma centers, pharmaceutical companies, medical device companies, academic and research institutes, and others.

Regional outlook:

The Americas dominates the barotrauma market owing to the increasing prevalence of ear barotrauma and high healthcare expenditure.

Europe holds the second position in the barotrauma market. The financial support provided by the government towards R&D and technological advancements are expected to drive the European barotrauma market. The increasing healthcare expenditure is also boosting the European barotrauma market.

According to the data suggested by Eurostat, it is observed that among the EU Member States, the highest value of healthcare expenditure was recorded in Germany in 2014, i.e., EUR 321 billion which is further followed by France with EUR 237 billion and United Kingdom with EUR 223 billion. In 2016, the R&D expenditure in the pharmaceutical industry was EUR 35000 million, suggested by the European Federation of Pharmaceutical Industries and Association.

Asia Pacific is the fastest growing barotrauma market owing to a huge patient pool and development in the pharmaceutical sector. Healthcare expenditure is found to be boosting in various regions of Asia Pacific. As per the data suggested by the Australian Institute of Health and Welfare during the year 2015–2016, the total health expenditure was nearly USD 170.4 billion, i.e., 3.6% higher than the expenditure of 2014–2015.

The Middle East and Africa holds the lowest share of the global market due to slow development, lack of technical knowledge, and poor medical facilities.

Browse Complete 100 Pages Premium Research Report Enabled with 30+ Respective Tables and Figures at https://www.marketresearchfuture.com/reports/barotrauma-market-5899

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: Market Research Future
Email: Send Email
Organization: Market Research Future
Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune – 411028 Maharashtra, India
Phone: 6468459312
Website: https://www.marketresearchfuture.com/reports/barotrauma-market-5899

Source URL: https://marketersmedia.com/barotrauma-market-size-share-type-treatment-growth-regional-overview-segments-demand-and-forecast-to-2023/494035

Source: MarketersMedia

Release ID: 494035

More News From Banking Reporter

Euro gains in global use, but dollar still dominates

Jun 18, 2019

FRANKFURT, Germany — The euro has gained ground on the dollar as a global currency used for government reserves as U.S. sanctions deter some countries' use of the U.S. currency. The dollar, however, is still very much the dominant currency for international trade, borrowing and reserves. That is despite a slow diversification toward other currencies over recent years, most recently toward the Chinese yuan. The ECB said Thursday that the euro's share of measurable foreign reserves held by central banks and governments around the world rose 1.2 percentage points during 2018 to 20.7%, reversing a declining trend. The dollar's share...

French prime minister vows to continue reforming economy

Jun 18, 2019

PARIS — France's prime minister says the government of President Emmanuel Macron plans to keep reforming the economy and will look at unemployment benefits, the pension system and tax cuts for middle-class workers. Prime Minister Edouard Philippe laid out the government's upcoming priorities after two years in office while addressing the lower house of parliament on Wednesday. Responding to protests of Macron's policies that started in November, Philippe said: "We want to change our manner of governing. We are and will remain reformers. But we must further involve the French in the decision-making." The government notably wants the French to...

Australian PM: WTO needs mending to keep up with the times

Jun 18, 2019

SINGAPORE — Australian Prime Minister Scott Morrison said Friday that the World Trade Organization needs mending to keep up with the times. Morrison said many leaders attending the Group of 20 summit in Osaka later this month share the view. "There is a strong consensus about the need to modernize the WTO and its rules," he said. "We need to mend it, we don't need to break it, and mending it requires a lot of partnership," he added. "Just now it's the technical practical things that need to get done." Morrison, who spoke at a lunch organized by the Australian...

After Fed turn, Europe faces stimulus question

Jun 18, 2019

FRANKFURT, Germany — The European Central Bank is weighing what to do about growth worries and sluggish inflation, just two days after the U.S. Federal Reserve opened the door to more stimulus. Speculation that how the bank could act to boost the economy has grown as market expectations for inflation have sagged, a sign of growing pessimism about the economy. Both the ECB and the Fed have paused efforts to withdraw stimulus deployed in the wake of the Great Recession and global financial crisis. Worries about the global economy are now raising expectations that the Fed could actually cut interest...

Asian stocks mixed after Trump threatens Mexico tariffs

Jun 18, 2019

SINGAPORE — Asian stocks were mixed on Thursday as traders kept a close watch on impending U.S. tariffs on Mexico while trade talks with Beijing remained at a standstill. Japan's Nikkei 225 index added 0.3% to 20,832.46 while the Shanghai Composite index lost 0.5% to 2,848.34. The benchmark in Shenzhen, a smaller, more domestic-oriented market, tumbled 1.5% to 1,471.73. Hong Kong's Hang Seng added 0.3% to 26,965.76 and Australia's S&P ASX 200 advanced 0.5% to 6,392.20. Shares fell in Taiwan and Singapore but rose in the Philippines. South Korean markets were closed for a holiday. American and Mexican officials said...

About Us

Banking Reporter is the largest-circulated online business news in the United States, bringing a whole new genre of business journalism more up close and more incisive.

Contact us: sales[at]bankingreporter.com

Subscribe Now!