Growing Efforts by Vendors to Offer New Products Pushing Demand within Pleural Catheters Market

Pleural catheters are increasingly used for malignant pleural effusions management. Use of these devices was approved by FDA in 1997. PleurX catheter (BD, USA) and Rocket IPC (Rocket Medical, England) are some of the most common devices in use at present. Key reason behind the profound growth of the global pleural catheters market is improved patient results in reducing clinical variability.

There is rise in demand for these devices from clinical practitioners such as physicians, pulmonologists, and surgeons. The important reason for this demand rise is said to be the ability of pleural catheters to offer effective fluid control. This has helped clinical staff to reduce the risk and improve the quality of patient’s life. This feature of the device is projected to support the growth of the pleural catheters market.

In this article, Fact.MR highlights various trends and key factors that are supporting or hindering the growth of the global pleural catheters market. According to analysts’ finding, this market will show a striking growth at the CAGR of 6.5% during the forecast period of 2019–2029. Growing use of these devices in the management of malignant pleural effusions is supposed to be one of the key reasons for growth of pleural catheters market.

Growing Initiatives to Minimize Patient Hospitalization Pushing Market Demand

Increased efforts from healthcare industry to minimize patient hospitalization are driving the growth of the global pleural catheters market. This has lead to growing inclination toward use of pleural catheters. Demand for pleural catheters is estimated to stimulate with introduction of advanced products by new vendors in the global pleural catheters market. Besides, many private hospitals are opening their centers in rural areas. This move is making the availability of advanced treatment option possible, thereby boosting the demand for pleural catheters in these regions.

Some of the leading vendors in the global pleural catheters market are Rocket Medical, Merit Medical Systems, Becton, Dickinson and Company, Armstrong Medical, and B. Braun Melsungen.

Malignant Pleural Effusions to Gain Maximum Traction in Pleural Catheters Market

Malignant pleural effusion is the most widespread complication of advanced malignancy. Cough, dyspnea, or chest tightness are some of the complications resulting from this health condition. There is increase in usage of pleural catheters in palliative treatment of malignant pleural effusions. The main reason behind this shift is the ability of these devices to offer minimally invasive long-term drainage with minimum chances of pleurodesis. As a result, the use of intrapleural catheters is found to be a better choice, specifically while treating severe health complications. This is triggering the growth of pleural catheters market.

Growing Incorporation of Advanced Technology to Open New Avenues for Market Growth

Many vendors from the pleural catheters market are increasing investments in diverse research and development activities. The main motive of this move is to offer improved products for end-users. This is working as a driving factor for the growth of the global pleural catheters market in the recent times. Moreover, growing prevalence of COPD is one of the key reasons for increased demand for these products.

On regional front, North America is expected to be one of the prominent regions in the global pleural catheters market during the projected period. Some of the reasons behind this projection are rising older population, increased number of chronic respiratory disease cases, and improved accessibility to healthcare facilities.

Need for Automated Appointment Opening Growth Avenues for Appointment Scheduling Software

The global appointment scheduling software market is set to demonstrate vigorous growth in the upcoming period. It is estimated that the market will gather considerable amounts in revenues due to plethora of reasons. Several companies are growing their efforts in research and development activities to offer more simplified user interface. Moreover, growing efforts to incorporate additional features in the present appointment scheduling systems will further boost the demand. Growing use of this software in diverse industries is expected to stimulate the global appointment scheduling software market. Key industries using this software are education, retail, business, beauty and wellness, corporate, and other end use industries. Healthcare is one of the prominent industries that have helped the global appointment scheduling software market immensely.

In a latest report from Fact.MR, research analysts uncover major growth avenues and latest trends in the global appointment scheduling software market. According to this report, the market is estimated to show exceptional growth at a stunning CAGR of around 11% during forecast period. Analysts find that the market will successfully exceed the value of US$ 500 mn by 2027.

Providing Services That Fulfill Business Needs

Businesses today need to match the pace of current competitive market scenario. Connecting and communicating with clients is one of the important tools that helps to reach target audience and allows to understand their needs precisely. With incorporation of technology in our daily lives, majority of people today are inclined to take help of internet and apps to complete various tasks. Appointment scheduling software is one of the latest tools helping people to organize their appointment effortlessly. This user convenience has boosted the demand for appointment scheduling software, thereby pushed the global appointment scheduling software market.

Increased inclination to use internet through the medium of smartphones is propelling global appointment scheduling software market. The key reason behind this growing preference over traditional appointment scheduling on calls is its ability to do this task rapidly and efficiently. Moreover, affordability is one of the key factors of these mobile phone applications intended for appointment scheduling. This factor has triggered considerable growth in incorporation of this software by many small- and mid-sized businesses.

Making Healthcare Services More Accessible

Major applications of this system are in healthcare industry. A recent survey states that around 65% patients prefer using online channels to fix their appointment with doctors. Growing use of appointment scheduling software in healthcare industry is pushing the global appointment scheduling software market growth.

Implementation of appointment scheduling software helps in automating specific tasks, thereby minimizing total human dependence for appointment scheduling. At the same time, it also helps in reducing human errors. Moreover, they are also found to be useful in improving the staff productivity when compared to other traditional methods such as phone calls for appointment scheduling. All these advantages are propelling the demand for this software in healthcare industry.

Many key vendors are chasing strategic moves to strengthen their position in the market. Growing number of partnerships and acquisitions activity is expected to help in accelerating the growth rate of the appointment scheduling software market. Acuity Scheduling, Inc, TimeTrade Systems, Square, Inc., Melian Labs, Inc., and Waffor Retail Solutions Pvt Ltd are some of the key players contributing to the growth of the global appointment scheduling software market.