Market Research Blog – Page 10082 – New Product Development

Packaging Films Market is projected to reach US$ 209.7 billion by 2032, at a CAGR of 3.9%

The global packaging films market is estimated at US$ 143.7 billion in 2022 and is projected to reach US$ 209.7 billion by 2032, at a CAGR of 3.9% from 2022 to 2032 . The polyethylene (PE) film segment accounts for almost 36% share of the global packaging films market. The food industry is expected to remain the top end user of the packaging films market through 2032.

Key Takeaways from Packaging Films Market

The polyethylene (PE) films represented 35% of packaging films market in 2021.
Demand for packaging films in the food industry will grow at a CAGR of 4.2% between 2021 and 2031.
India packaging films market is projected to register a CAGR of 5.6% during the forecast period followed by China with a CAGR of 4.2%.
China will continue to remain the largest market with a market. It held a share of 22% in 2021.

“Innovations are expected to pick up pace in the packaging films market. With stringent bans on single-use plastic use, the focus on recyclable materials will grow higher. Likewise, packaging film producers are expected to focus on more sustainable materials to stay ahead of the curve,” said a lead FMI analyst.

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Packaging Films Market Landscape

Berry Global, Mondi Group, Ampac Holdings, LLC., Huhtamaki Oyj., Smurfit Kappa, WestRock Company are some of the Tier 1 players of global packaging films market.

Key manufacturers operating in the packaging films market are focusing on producing lighter-weight, durable and sustainable products. Several mergers & acquisitions and innovations are taking place in the industry as there is synergy in forward as well as backward integration. · Recently in March 2022, Clearlake Capital has agreed to acquire Intertape Polymer Group. Intertape is one of the leading manufacturers of packaging films and many other products. Through this acquisition the company is planning to extend production capabilities of tapes and shrink films and increase industrial and retail customers.

In March 2022, BASF and a Germany located packaging films manufacturer DuoPlast launched world’s first stretch PE blown film for potential use in the explosive areas.

Global packaging films market by material type (polyethylene, polypropylene, polyethylene terephthalate, polyvinyl chloride, polyamide, ethyl vinyl alcohol, polyvinyldiene chloride, bioplastics, and others), by product type (pouches, bags & sacks, tubes, liners, sachets & stick packs, tapes & labels, and wraps/rolls), by end-use (food, beverages, homecare products, personal care products, healthcare products, electronics & electrical, and other industrial goods) across seven regions.

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Competitive Landscape

Best packaging experience and user convenience are the prime concerns of the key players. Therefore, many of the key players are adopting strategy of product innovation and make their products more eye-catchy and acceptable among consumers. Not only this, manufacturers are also planning to expand production capabilities in the untapped markets to cater increasing demand for packaging films.

Key manufacturers operating in the packaging films market are focusing on producing lighter-weight, durable and sustainable products. A lot of innovations are coming up in this domain to make packaging more sustainable and functional.

Some of the key developments in the global packaging films market includes:

In February 2022, Coveris launched next generation stretch films with 30% recycled content to minimize reliance on virgin plastic films for packaging.
In January 2022, B2B Industrial packaging acquired Pioneer packaging worldwide. Through this acquisition, the company is planning for increasing consumer reach specially in the untapped markets.
In September 2021, Amcor, ExxonMobil and Syntegon India together developed recyclable polyethylene laminating film based detergent packaging solution to replace existing PET/PE packaging.
In January 2021, Jindal films acquired Domo Chemicals’ nylon films business. This acquisition will support company’s growth by increasing production capacity of nylon films.

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Packaging Films Market By Category

By Material Type, Packaging Films Market is segmented as:

Polyethylene (PE)
Polypropylene (PP)
Polyethylene Terephthalate (PET)
Polyvinyl Chloride (PVC)
Polyamide (PA)
Ethyl Vinyl Alcohol (EVOH)
Polyvinyldiene Chloride (PVDC)
Bioplastics
Others

By Product Type, Packaging Films Market is segmented as:

Pouches
Bags & Sacks
Tubes
Liners
Sachets & Stick Packs
Tapes & Labels
Wraps/Rolls

By End Use Packaging Films Market is segmented as:

Food
- Meat, Seafood and Poultry
- Ready to Eat Meals
- Dairy Products
- Bakery and Confectionery
- Other Food Products
Beverages
- Alcoholic Beverages
- Non-Alcoholic Beverages
Homecare Products
Personal Care Products
Healthcare Products
Electronics & Electricals
Other Industrial Goods

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Bottles Market accelerating at a CAGR of 5.0% by 2022-2032

By 2022, the worldwide bottles market is predicted to reach a market valuation of US$ 108.0 billion, growing at a CAGR of 5.0 percent from 2022 to 2032. The Bottles Market business research appears to be extremely useful in determining overall market conditions and trends. It also forecasts the size of the potential market for a new product in the Bottles Market. To develop such a wonderful market research study for the firms, a panel of competent analysts, well-versed statisticians, knowledgeable research experts, eager forecasters, and smart economists work diligently.

The bottles industry is expected to reach US$ 108 billion in 2021, according to Future Market Insights (FMI). According to Geyer et alresearch, .’s the packaging industry produced 146 million tonnes of plastic and generated 141 million tonnes of garbage in 2015. The majority of the alternatives are either more expensive or incapable of replacing plastic in terms of functionality.

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The bottles market is projected to be significantly impacted by these developments. With the focus gradually turning away from plastic as the favoured material, several of the industry’s main businesses are focused on strategic partnerships to stay ahead of the curve.

For example, HP Inc recently bought a company that has developed a zero-plastic paper bottle. Paper bottles have also been commercialised in the past, as Chaayos has done. It will take time to replace plastic bottles with paper bottles, and until then, plastic will be the primary material used to make bottles.

According to FMI, the plastic segment accounted for 61% of the global bottle market in 2021. Meanwhile, demand for glass bottles will continue to climb. Glass bottles, despite its disadvantages of being heavy and breakable, are still the chosen choice for premium and high-quality items. Furthermore, the pharmaceutical business prefers it because of its chemical inertness, non-permeability, and sterility.

The Most Important Takeaways from the Bottles Market

During the projected period, the plastic segment is expected to generate a US$ 40 billion incremental potential.
By the end of 2021, the beverage industry will own 41% of the entire market share.
During the forecast period, the India bottles market is expected to grow at a CAGR of 6.7 percent.
Between 2022 and 2032, the China bottle market is estimated to grow at a CAGR of 6.4 percent.

Bottles that are both attractive and useful will steal the show in terms of cost and sustainability. As a result, bottle producers are focusing on design advancements to achieve a competitive advantage,” according to an FMI analyst.

Future Market Insights’ (FMI) detailed research of the Bottles industry gives in-depth insights into the governing variables driving market demand. Over the next ten years, it reveals prospects that will favour market expansion in several segments based on Material, Capacity, End Use, and Configuration.

In the beverage industry, demand for bottles is expected to increase.

The beverage sector is booming, especially in the aftermath of a pandemic. The introduction of direct to customer delivery and eCommerce platforms, which have alleviated logistical challenges, has fueled the industry’s expansion. In addition, technology is playing an increasingly important role in the beverage industry’s expansion. The larger the possibility for the bottle sector, the greater the sales of beverages. In 2021, the beverages category accounted for 41% of market share, and it is predicted to continue to be the prominent end user throughout the assessment period.

The bottle industry’s major players are concentrating on providing lighter-weight and environmentally friendly goods. As market players strive for a competitive edge, several mergers and acquisitions and developments are taking place in the business.

HP Inc bought Choose Packaging, a company that made zero-plastic paper bottles, in February 2022.

In 2019, PriestmanGoode developed innovative sustainable packaging for air travel to replace single-use plastics.

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Bottle Market by Category

By Material, Bottle Market is segmented as:

Glass
Plastic
Metal
Paper

By Capacity, Bottle Market is segmented as:

Up to 200 ml
201-500 ml
501-1000 ml
1000ml & above

By End Use, Bottle Market is segmented as:

Food
Beverages
Pharmaceuticals
Personal care and cosmetics
Home care
Chemicals

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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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Pails Market is projected to reach US$ 2.9 Bn by 2032

Future Market Insights (FMI) has predicted the pails market to register 4.3% CAGR between 2022 and 2032. Overall sales of pails is slated to total US$ 2.91 Bn by the end of the assessment period. The consistently rising demand for plastic pails is expected to create conducive environment for the global pails market growth.

Plastic pails are a common primary packaging material used across diverse industries since they are inexpensive, lightweight, and long-lasting and can be used in various sectors such as paints and coatings, industrial chemicals, petroleum, lubricants, cleaning solvents, adhesives, food and drinks, agriculture, and related industries.

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The pails market value is expected to surpass US$ 1.91 Bn in 2022. One of the primary growth factors fuelling the demand for plastic pails market is their ability to meet various needs such as storage, transportation, and dispensing in many industries. For instance, in the chemical industry, pails are used as a container with an airtight lid that helps prevent spills during liquid product transportation.

The market therefore stands to benefit greatly from the agriculture sector since plastic pails are extremely compatible for storage of agricultural fertilizer due to their non-corrosive nature. Another factor fuelling the demand for pails is their use in professional painting jobs, where they can be used to safely transport heavy loads around a site.

Pail manufacturers are leveraging their in-house research and development capabilities to develop products that meet specific customer needs, such as smooth plastic pail surfaces and print-ability. This will allow brand owners to market their products by improving product attractiveness with increased storage capacity and longer shelf life.

Undoubtedly, manufactures’ demand for recyclable materials in packaging will increase in the years to come. Businesses are taking responsibility for sustainable growth, causing manufacturers opting for product offerings that are environment friendly and fulfil the packaging requirements. This is likely to boost the demand for pails in the years to come.

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Key Takeaways from Pails market
Many sectors, such as chemical and pharmaceutical, seek lightweight, robust, and low-cost packaging materials for shipping solid and liquid bulk materials. This is expected to drive the pails market at 4.3% CAGR.
China is expected to dominate the overall pails market, with a market share of around 20% throughout the forecast period.
The India pails market is projected to register a CAGR of 6.1% during the forecast period.
Paints and coatings sector will remain dominant end user of pails.
Plastic pails sales are expected to contribute maximum revenue within the global pails market.

“As competition grows, market players are expected to focus on various strategies to gain competitive edge. Recent developments are indicating strategic collaborations and acquisitions as primary tactics undertaken by pail manufacturers to expand their regional footprint and portfolio,” says a lead analyst at FMI.

Paints & Coating is the Key Driver of the Pails market 

According to FMI, the primary factor encouraging sales within paint and coating industry is the surging demand for leakage-proof packaging of chemicals and paint materials. Also the focus on lightweight transportation is considerably high within the industry to lower transportation costs. This makes pails ideal packaging solution for the storage and transit of bulk materials, without adding much weight to transport.

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The market for paint buckets is expanding at a rapid pace owing to rising architectural and infrastructure development in various nations. Focus on commercial construction activities, including the construction of malls, restaurants, and offices has resulted in increasing spending on paint. This is expected to create conducive environment for the growth of the market over the course of the forecast period.

Pails Market Landscape
Greif Inc., Mauser Group N.V., Rieke Corporation, Berry Global Inc., M&M Industries Inc., Involvement Packaging Ltd. ,IPL Plastics, Inc., Plast Service Pack Company, Jokey Plastic Wipperfürth GmbH,  Corcoran Products, Pro-Western Plastics Ltd, Involvement Packaging Ltd., Affordable Plastics Llc, ,Viscount Plastics Ltd, Northern Container, United States Plastic Corp., are some of the leading market players. These companies are adopting mergers and acquisitions as their key strategy to gain competitive advantage within the market.

Future Market Insights, in its new report, offers an unbiased analysis of the global market for Pails Market by Material Type(plastic and metal) (Up to 5 litre ml,6-10 litres,11-20 litres and above 20 litres , by End user (Paints & Coatings, Inks, Dyes & Pigments Petroleum & Lubricants Agrochemicals& Fertilizers, Food & Beverage Other Industrial), by region (North America, Latin America, Europe, South Asia, East Asia, Middle East and Africa, Oceania).

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Radiotherapy Positioning Devices Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI

The Radiotherapy positioning devices are used to position the patients during radiotherapy session. The patient positioning and immobilization are important during the radiation therapy treatment.radiotherapy positioning devices market is manufactured by the company understanding the need of the radiotherapy specialist and comfort of the patient.

The devices ensure ideal comfort and precision to the patient during therapy sessions. Cancer is a leading cause of death worldwide and is projected to rise with an estimated 11.5 million deaths in 2030. Cancer can be treated with surgery, chemotherapy, radiation therapy, hormone therapy, targeted therapy, precision medicine, immunotherapy and stem cell transplantation. Several clinical trials are ongoing to establish the potential of radiolabelled monoclonal antibody.

Radiotherapy is also used to treat patients suffering from non-Hodgkin B-cell lymphoma, and other sub-types of lymphoma or patients who do not respond to chemotherapy. Generally, no side effects are seen during the treatment. To ensure the efficient treatment process via radiotherapy, the comprehensive range of positioning radiotherapy devices are marketed across the globe

The radiotherapy positioning device manufacturers are aiming to improve the outcomes of the patient and healthcare specialist globally to provide high quality, unique and innovative patient-centric radiotherapy positioning devices. The patient positioning devices are accurate and provide maximum repositioning accuracy and patient stability by reducing both voluntary and involuntary patient movement.

Increasing discretionary funding for cancer research by government and federal agencies, increase in Medicare coverage, rising prevalence of cancer among growing population, availability of new cancer treatment, and other devices accessory for the patients during the treatment process are some of the factors boosting the radiotherapy positioning devices market.

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Radiotherapy Positioning Devices Market: Drivers and Restrains

According to World Health Organization, it is estimated that by 2030, about 23.6 million new cases of cancer will prevail worldwide. Governmental guidelines from American Society of Clinical Oncology and National Comprehensive Cancer Network (NCCN /ASCO) are providing help to healthcare professionals in the management and treatment of cancer patients.

In April 2016, the U.S. Government allocated US$ 5.2 Bn for the National Cancer Institute (NCI), a federal government agency, for cancer research and training. Good ergonomic design of the radiotherapy positioning devices will reduce the risk injuries among healthcare professionals, increasing workflow efficiencies, accurate delivery of prescribed radiation doses and others are some of the factors boosting the radiotherapy positioning devices market.

The budget increased by 5.3% as compared to the previous year. Insurance coverage and reimbursement issues, big companies are investing heavily in the cancer therapeutics and accessory devices used during the treatment process involving both time and money, and there is no guarantee that the product will get coverage, radiation risk to healthcare professionals and patients are some factors that may decline the growth of radiotherapy positioning devices

The radiotherapy positioning devices market is segmented into product type and end user. Based on the Product type, the global Radiotherapy Positioning Devices market is segmented into head, neck, and brain immobilization devices, thorax and breast immobilization device, pelvic immobilization devices and others. The positioning and immobilization devices provide small treatment volume, higher controlled doses and précised treatment options with higher cure rate.

Based on the end user, the market is segmented into the hospital, ambulatory surgical centres, and cancer research institutes. The rise in cancer patient population, funding by the governmental bodies, focus on acquisition and merger by various key manufacturers is attributed towards the growth of radiotherapy positioning devices market.

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Radiotherapy Positioning Devices Market: Regional Overview

Region wise, the global radiotherapy positioning devices market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. More than 70% of world’s cancer death occurs in Africa, Asia, and South America.

Along with expansion in the emerging markets, and the greater focus on early diagnosis, screening, monitoring and clinical development associated with radiotherapy treatment have been the major strategies adopted by major players in the global radiotherapy positioning devices market.

Significant economic development has led to an increase in healthcare availability in Asia Pacific region, growing number of multi-specialty clinics and hospitals, growing popularity of radiotherapy devices among oncologist, preference of minimally invasive technique and penetration of global players in Asia is expected to fuel demand for radiotherapy positioning devices market.

Radiotherapy Positioning Devices Market

Key Players:

Some of the key players in global Radiotherapy Positioning Devices Market CIVCO Radiotherapy, Elekta AB, Bionix Radiation Therapy, ORFIT INDUSTRIES NV, Qfix, VERTEC LTD Klarity Medical Products, Varian Medical Systems, Inc. and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Radiotherapy Positioning Devices Market: Segmentation

The global Radiotherapy Positioning Devices market has been classified on the basis of Product type, End User, and Geography.

Based on Product Type, the Radiotherapy Positioning Devices market is divided into following:

Head, Neck and Brain immobilization Device
Thorax and Breast Immobilization Device
Pelvic Immobilization Devices
Others

Based on the End User, the global Radiotherapy Positioning Devices market is divided into following:

Hospitals
Ambulatory surgical centers
Cancer Research Institutes
Others

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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/radiotherapy-positioning-devices-market
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Ultrasonic Homogenizers Market Key Players, End User, Demand and Consumption by 2027

The Ultrasonic Homogenizers one of the most widely used devices which are used to break down cell barriers, de-gas solutions sample preparation, cell lysing, disaggregation, homogenization, particle size reduction, soil testing, acceleration of chemical reactions, defoaming, atomization and many more uses.

Ultrasonic processors are extremely versatile and can safely process a variety of organic and inorganic materials in a range of volumes. Ultrasonic homogenizer also requires ensuring dissolution or the production of the micro particle to enhance its reactivity.

The substantial intensity of ultrasound and high ultrasonic vibration amplitudes are the basic principle of ultrasonic homogenizers. The market of Ultrasonic Homogenizers grows rapidly in chemical, biotechnology, nanotechnology, pharmaceuticals.

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Ultrasonic Homogenizers Market: Drivers and Restraint

Ultrasonic homogenizer has widely used in various industry and research areas which can act as driving force for the ultrasonic homogenizers market. Technology advancement and expansion of dairy and food industry are the major driving force for ultrasonic homogenizers market. Maintenance of the ultrasonic homogenizer can be the restraints for the Ultrasonic Homogenizers market.

Ultrasonic Homogenizers Market: Overview

The extensive use of ultrasonic homogenizer in dairy & food industry and wide use of ultrasonic homogenizer in chemical processing industry raise ultrasonic homogenizer market growth. The rapid heavy demand of ultrasonic homogenizer enhances the revenue growth of ultrasonic homogenizers market.Development in technology and increasing no of research institute assist the market growth for forecasted period.

By modality, Ultrasonic Homogenizers can be categorized into bench-top and hand-held. Bench-top category shares the majority of the ultrasonic homogenizer market.

By Application, the global Ultrasonic Homogenizers market is segmented into dairy and food industry, chemical industry, pharmaceuticals industry, biotech laboratories and research laboratories whereas Ultrasonic Homogenizers consumption in dairy and food industry dominated over another sector.

Based on geography, the ultrasonic homogenizers market is segmented into North America, Europe, Latin America, Asia-Pacific and the Middle East and Africa. North America dominates the global Ultrasonic Homogenizers market followed by Europe However; the Asia-Pacific is expected to blow the Ultrasonic Homogenizers market globally.

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Ultrasonic Homogenizers Market: Region-wise Outlook

By region, Global Ultrasonic Homogenizers market is segmented into seven key regions viz. North America, Latin America, Western Europe, Eastern Europe, APEJ(Asia-Pacific Excluding Japan), Japan and Middle East & Africa. North America followed by Europe will continue to dominate the global Ultrasonic Homogenizers market attributed to growing number of food and dairy industry and research laboratories.

Furthermore, the newly developed technology in the ultrasonic homogenizer is also expected to result in higher demand for Ultrasonic Homogenizers market globally over the forecast period. Asia Pacific is expected to be the emerging region in the global Ultrasonic Homogenizers market.

Ultrasonic Homogenizers Market: Key Market Participants

The key players in the Ultrasonic Homogenizers market are BANDELIN electronic GmbH & Co. KG Hielscher Ultrasonics GmbH, BioLogics Inc. OMNI International, Pro Scientific INC., Sonic Corporation, Topas GmbH, etc. some Companies are involved in R&D to exploit maximum revenue potential in the global Ultrasonic Homogenizers market.

The report covers exhaust analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa, Rest Of MEA)

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Ultrasonic Homogenizers Market: Segmentation

The global market for Ultrasonic Homogenizers segmented by modality, application, and geography:

Segmented by Modality

Bench-top
Hand-held

Segmented by Application

Dairy and food industry
Chemical industry
Biotech Laboratories
Pharmaceuticals industry
Research laboratories

Segmented by Geography

North America
Latin America
Western Europe
Eastern Europe
APEJ(Asia-Pacific Excluding Japan)
Japan
The Middle East and Africa

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Upstream Bioprocessing Equipment Market Impacted by COVID-19, Market to Remain Dormant in Near Term, Projects FMI 2022 -2026

Bioprocessing referred as biopharmaceutical manufacturing, is a part of bioprocess engineering which aims at establishing reproducible and robust manufacturing process for the production of therapeutic cells. The products of bioprocess are of high commercial value and targeted application.

Bioprocess Manufacturing is differentiated into two major processes: Upstream and Downstream. The Upstream process involves steps such as media development, cell culture, and development, harvesting of cells and fermentation. This process is done under the stringent aseptic condition, and particular temperature and pH levels are maintained throughout the process. Cell Banking is also done by upstream processes.

The primary objective upstream processes are to provide an environment necessary for the growth of cells. Since the upstream process is a part of bio manufacturing process, it involves the production of therapeutic proteins, antibiotics, hormones, enzymes, blood substitutes, and vaccines. Many of the diseases like lymphoma, rheumatoid arthritis, diabetes mellitus and growth hormone insufficiency that can be treated by specific proteins produced from bioprocesses. There are two types of cells used in the bioprocessing equipment, mammalian cells, and bacterial cells.

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Upstream Bioprocessing Equipment Market: Key Players

The top players in the Upstream Bioprocessing Equipment market are GE Healthcare, Merck KGaA, Boehringer Ingelheim Pharma GmbH & Co.KG, Thermo Fisher Scientific, BiOZEEN and Katalyst Bio Engineering

Upstream Bioprocessing Equipment Market: Drivers and Restraints

As the prevalence and incidence of chronic diseases have increased, there is a need to increase the production of substances to cure them. With innovation in technology, equipment with the well-established production system, providing high-quality biologic drugs and increased productivity is possible. This, in turn, increases the usage of upstream processing equipment which drives the biopharmaceutical market.

Along with this increase in the need for cell therapy research, drug discovery, antibody production, monoclonal antibody and recombinant productions are also the major drivers for the upstream bioprocessing equipment market. However, the high cost incurred in setting up an upstream processing unit, its maintenance as the current challenge is to eliminate the contamination and the space required for the setup are the major restraining factors for the growth the Upstream Bioprocessing Equipment.

Upstream Bioprocessing Equipment Market: Segmentation

The upstream bioprocessing equipment market can be segmented according to the type of cell used, type of processing, by product, by end users, and by geography. By type of cell, the upstream bioprocessing equipment is segmented as mammalian cell and bacterial cell. According to the processing, the market is segmented into disposable, single – use bioprocessing system and continuous bioprocessing systems.

By type of product the bioreactors and fermenters. By end users, the upstream bioprocessing equipment market is segmented into biopharmaceutical manufacturing companies and research organizations. Geographical segmentation is North America, West Europe, APEJ, Japan, Eastern Europe, Latin America and the Middle East and Africa.

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Upstream Bioprocessing Equipment Market: Overview

The Single-use bioprocessing units are the major drivers in the coming decade as single-use bioprocessing units eliminated the risk of contamination. It also reduces the time required for the sterilization between batch which in turn also increases the efficacy.

Over a decade disposable and single – use processing units have gained momentum as it is possible to develop a small amount of drugs used for pre – clinical and clinical testing. The future in the upstream bioprocessing system is single – bioprocessing units as it has all kinds of the system used in upstream processing such as bioreactors, membrane absorbers, bioprocess containers, disposable mixers, and samplers.

Upstream Bioprocessing Equipment Market: Regional Overview

Geographically the market for bioprocessing equipment is increasing globally. The U.S. and Europe been the strong regions for the growth of upstream processes equipment has it has shown double-digit growth over last year. In U.S. the Single-use bioprocessing units have grown significantly when compared to continuous bioprocessing system.

Along with Europe and U.S., the emerging markets like Asia Pacific and the Middle East and Africa shows great potential for the growth of upstream bioprocessing equipment market. Japanese beverage, food and pharmaceutical industry are diversifying into high-value products which boosted the growth of upstream bioprocessing equipment in Japan. The government in Japan also provides financial support for research and development to industry players for the growth, which enables the industry to prosper.

The report covers exhaustive analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX)
Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa, Rest Of MEA)

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Ambulatory Surgical Centers Market 2022 Development Status, Competition Analysis, Type and Application 2031

The Ambulatory Surgical Centers Market was worth US$ 85.4 billion in 2020 and it is anticipated to grow at a 3.9% CAGR from 2021 to 2031 to reach US$ 130.6 billion by 2031.

Data Points	Market Insights
Ambulatory Surgical Centers Market Value 2020	US$ 85.4 Bn
Ambulatory Surgical Centers Market Estimated Value 2031	US$ 130.6 Bn
Ambulatory Surgical Centers Value-based CAGR 2021-2031	3.9%
Share of Top 5 Countries	73.2%
Ambulatory Surgical Centers Key Players	The key players in Ambulatory Surgical Center Market are, AmSurg Corp, Tenet Healthcare, HCA Holdings, Inc., Surgical Care Affiliates, Inc., Surgery Partners, and Ambulatory Surgical Centers of America.

The report broadly segments the global ambulatory surgical centres market on the basis of centre type, modality, services speciality area and region. Based on centre type, the global ambulatory surgical centres market has been segmented into single speciality centres and multispecialty centres.

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The rising number of Coronavirus cases amid the COVID-19 pandemic has impelled the demand for external treatment facilities among hospitals, which in turn is stimulating the global ambulatory surgical centers market outlook. However, high costs associated with deployment along with heavy infrastructural investments are expected to impede the industry growth throughout the study period.

Key Insights from FMI’s Report on the Ambulatory Surgical Centres Market

Growing focus on containment of healthcare costs and increased Medicare spending on ASCs are driving the global ambulatory surgical centre market.
Number of outpatient surgeries have increased significantly in the recent years, thereby impacting the ambulatory surgical centres market worldwide. Also, a significant share of outpatient procedures have shifted from hospitals to free-standing ambulatory surgical facilities over the same period.
Over the last decade, various constitutes across healthcare continuum, including private insurance companies, self-insured employers, and government payers, are implementing meaningful cost-containment measures.
Leading manufacturers are focussing on setting up manufacturing facilities in emerging markets and this would substantially increase the chances of growth, as there would be no import-export glitches.

Surgical Services Segment Dominates by Service Type

Surgical services segment is estimated to dominate the global ambulatory surgical centres market by service type with higher value share of the market by 2017 end. Surgical services segment is expected to reach US$ 77,664.3 Mn by 2027 end and will grow at a CAGR of 4.2% over the forecast period.

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Gastroenterology Segment is the Most Attractive Segment by Specialty Area

Among speciality areas, gastroenterology is expected to dominate the global ambulatory surgical centres market in terms of value share during the forecast period. Gastroenterology is expected to grow at a CAGR of 4.7% over the forecast period.

Ambulatory Surgical Centres Market: Key Players

Key competitors covered in the report include AmSurg Corp., HCA Holdings, Inc., Tenet Healthcare, Surgical Care Affiliates, Inc., Ambulatory Surgical Centers of America, Surgery Partners, Medical Facilities Corporation, Healthway Medical Group and Community Health Systems, Inc.

North America Will Continue to Grow at an Exponential Rate

FMI has analysed the ambulatory surgical centres market across seven key regions namely North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan, and Middle East & Africa (MEA). North America is expected to dominate the market value share for ambulatory surgical centres and is expected to reach US$ 61,588.4 Mn by 2027 end. The Western Europe market is expected to account for the second largest market value share, followed by APEJ. North America and Europe are collectively expected to constitute more than 82% of the market share over the forecast period. MEA is predicted to be the least attractive region in the global ambulatory surgical centres market.

Hospital-Based Ambulatory Surgical Centre Segment Accounts for Higher Market Demand

Among modality types, hospital-based ambulatory surgical centre segment is expected to dominate the global ambulatory surgical centres market with 59.5% value share in 2017. Hospital-based ambulatory surgical centre segment is expected to reach a market value of US$ 69,700.4 Mn by 2027 end, growing with a CAGR of 4.4% over the forecast period.

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Multispecialty Centres Segment is the Most Lucrative Segment

Multispecialty centres segment is estimated to dominate the ambulatory surgical centres market by product type with 65% value share of the market by 2017 end. Multispecialty centres segment is expected to reach US$ 76,028.6 Mn by 2027 end and will grow at the fastest CAGR of 4.4% over the forecast period.

Ambulatory Surgical Center by Category

By Centers Type:

Single Specialty Centers
Multispecialty Centers

By Modality:

Hospital-Based Ambulatory Surgical Center
Freestanding Ambulatory Surgical Center

By Services:

Diagnostic Services
Surgical Services

By Specialty Area:

Gastroenterology
Ophthalmology
Orthopaedics
Pain/Neurology
Urology
Dermatology
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa (MEA)

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Liquid Biopsy Market 2022 | Scope of Current and Future Industry 2032

As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global Liquid Biopsy Market Size is expected to reach a market valuation of US$ 1,026 Mn in 2021.

Data Points	Key Statistics
Projected Growth Rate (2022-2032)	13.49% CAGR
Expected Market Value (2022)	US$ 1,164 Million
Anticipated Forecast Value (2032)	US$ 4,126 Million

With the introduction of innovative molecular diagnostic tests and growing demand from biotech and pharmaceutical companies, the market is poised to expand at a stellar 13.49% CAGR, reaching US$ 3,637 Mn by 2031.

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Growth of the liquid biopsy market is attributable to rising incidence of cancer across several countries, which is highlighting the pressing need for faster, simpler, and more convenient diagnostic procedures. Liquid biopsy procedures are minimally invasive and cost-effective, which is making them a favorable choice for cancer diagnosis procedures.

Besides this, increasing government-backed initiatives to support cancer research across the U.S., Japan, India and the UK will drive innovation and developments in liquid biopsy services. Also, fast track approval from regulatory bodies for novel procedures will bolster the growth over the coming years.

Top Key Players:

BIOCEPT, INC., Qiagen N.V., Trovagene, Inc, Janssen Global Services, LLC, MDxHealth SA, Natera, Inc, F. Hoffmann-La Roche Ltd, Silicon Biosystems, Pathway Genomics Corporation, and Sysmex Corporation are among top manufacturers of liquid biopsy products, as profiled by FMI. As per the market survey, tier-1 companies are anticipated to account for approximately 20-25% of the total market share.

Key Takeaways from the Liquid Biopsy Market Analysis

Based on markers, circular tumor cells (CTC) are poised to emerge dominant in the forthcoming years.
Blood samples will emerge as the most preferred sample type
The U.S. will showcase high growth during the forecast period, due to the presence of major liquid biopsy product manufacturers.
The U.K. will emerge as an avenue for product innovations and development, further solidifying growth prospects.
Japan is anticipated to witness upswings in sales, owing to government-led cancer research initiatives.
India is expected to showcase high demand for liquid biopsy products, owing to the increased funding by government and expansion of healthcare infrastructure.
Germany, India, and China will emerge as high growth potential markets, with increasing investments by the government for improving the healthcare infrastructure, which will create attractive opportunities to global biotech players for market expansion.

Country-wise Insights

How will the Liquid Biopsy Market Expand in the U.S.?

As per FMI’s analysis, the U.S. is projected to account for 51% of the total market share in the liquid biopsy market during the assessment period. Growth prospects in the U.S. can be attributed to increasing government funding to support cancer research. Rising prevalence of cancer across the U.S. will generate high demand for highly accurate liquid biopsy services.

Wide adoption of technological developments including artificial intelligence, machine learning, and microchip-based liquid biopsy diagnostic services will lead market expansion in the U.S.

In addition to this, presence of major players including Biocept Inc., Janssen Global Services, and Trovagene Inc., will further lead to innovation in liquid biopsy technologies and procedures. Thereby, creating remunerative opportunities in liquid biopsy market.

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Liquid Biopsy Market by Category

By Marker Type:

CTCs (Circulating Tumour Cells)
ctNA (Circulating tumor Nucleic Acids)
Exosomes

By Sample Type:

Blood
Urine
Others (Plasma, Saliva, CSF)

By Application Type:

Lung Cancer
Gastrointestinal Cancer
Prostate Cancer
Breast Cancer
Colorectal Cancer
Leukemia

By End-Users:

Hospitals
Cancer Institutes
Academic Institutes
Diagnostic Centers

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan
Japan
Middle East & Africa

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Dental Imaging Equipment Market 2022 Outlook, Current and Future Industry Landscape Analysis 2030

Global dental imaging equipment market is slated to witness a CAGR of 6% through 2030, according to a new report by ESOMAR-certified firm Future Market Insights (FMI).

Data Points	Market Insights
Market Value 2022	USD 3.21 Bn
Market Value 2030	USD 5.91 Bn
CAGR 2022-2030	7.9%
Key Players	The key players are Dentsply Sirona, Planmeca Oy, Danaher Corporation, Carestream Health Inc., and Acteon Group
Share of Top 5 Countries	57.6%

Dental imaging equipment is witnessing demand from developed as well as developing economies alike, mainly due to increase in the number of patients (as per the WHO, around 50% of the global population (3.58 Bn) is suffering from oral ailments), coupled with the growth in the number of dental care centers. However, dental imaging is going “digital” now, though outbreak of Covid-19 has slowed down the market for the time being.

Digital Dentistry: The Future

In the year 2019, the IDC (International Dental Show) was attended by Institute of Digital Dentistry in Cologne, Germany. It threw light on the ways dentistry has evolved in the form of 3D printers, CAD materials, milling machines, and intraoral scanners. The institute otherwise provides training and CAD/CAM courses in New Zealand as well as online so as to keep the dentists and course attendees updated about clinical relevance and implementation of digitization by the key market players.

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Digital Expansion: Key to Growth

As stated above, the market players are looking to provide digital imaging solutions to cater to the increasing number of patients with dental ailments. Some of the measures taken in this regard include:

In Jun 2020, Level Equity-backed Planet DDS signed an agreement for acquiring Apteryx Imaging, a Canada-based publicly traded company with the objective to explore a wider arena in terms of geography
DENTSPLY Sirona Inc., in Oct 2019, launched 2 intraoral sensors (Xios AE and Schick AE) and 3D/2D imaging systems (Orthophos E, Orthophos SL 3D, and Orthophos S 3D)
In Oct 2019, Envista Holdings Corporation entered into a partnership with TeamSmile programs all through the US for propagating the use of KaVo SMARTmatic and KaVo MASTERtorque LUX M8900L

Key Takeaways of Dental Imaging Equipment Market Study

Extraoral X-Ray held 28.6% of revenue share in the dental imaging equipment market in 2019
Independent dental clinics accounted for major revenue share of 69.1% in 2019
North America and Europe contribute account for over 60% of market share in the dental imaging equipment market

More Valuable Insights on Dental Imaging Equipment Market

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the segments from 2015 to 2030. The global dental imaging equipment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provide compelling insights on dental imaging equipment market on the basis of product type, (Intraoral X-ray Systems, Intraoral Plate Scanner, Intraoral Sensors, Intraoral Phosphor Storage Plates, Extraoral X-ray Systems, Cone-Beam Computed Tomography (CBCT) Imaging, Intraoral Cameras), by End User (Hospitals, Ambulatory Surgical Centers, Independent Dental Clinics, Forensic Laboratories), across seven major regions.

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Leading Players in Dental Imaging Equipment Market

The dental imaging equipment market is onto the digital spree. Digital imaging systems are being provided by the key players to cater to the increasing number of patients throughout. At the same time, AI is being tried out as an effective tool for dental digital solutions.

In line with the above-mentioned developments, twin robotic X-Ray system from Siemens provides a combination of 2D X-Rays with fluoroscopy along with 3D imaging.

The key players in the dental imaging equipment including the ones mentioned above are:

Envista Holdings Corporation
Dentsply Sirona
Carestream Dental, LLC
Danaher Corporation
Acteon Group
Planmeca Oy

Market: Segmentation

The global dental imaging equipment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

Product Type

Intraoral X-ray Systems
- Wall/Floor Mounted Intraoral X-ray Systems
- Hand-Held Intraoral X-ray Systems
Intraoral Plate Scanner
Intraoral Sensors
Intraoral Phosphor Storage Plates
Extraoral X-ray Systems
- Panoramic X-rays Systems
- Cephalometric Projections Systems
Cone-Beam Computed Tomography (CBCT) Imaging
Intraoral Cameras

End Users

Hospitals
Independent Dental Clinics
Ambulatory Surgical Centres
Forensic Laboratories

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Region

North America
Latin America
Europe
East Asia
South Asia
MEA
Oceania

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Dental Imaging Equipment Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2030

Future Market Insights’ recently published report on the dental imaging equipment market predicts that growth is expected to accelerate at a positive 7.9% CAGR during the forecast period of 2022-2030.

Data Points	Market Insights
Market Value 2022	USD 3.21 Bn
Market Value 2030	USD 5.91 Bn
CAGR 2022-2030	7.9%
Key Players	The key players are Dentsply Sirona, Planmeca Oy, Danaher Corporation, Carestream Health Inc., and Acteon Group
Share of Top 5 Countries	57.6%

The COVID-19 pandemic has reduced the number of patients with dental problems visiting healthcare settings due to mandatory enforcement of social distancing measures. Moreover, healthcare providers have reoriented their operations towards caring for COVID-19 positive patients.

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Key Takeaways from FMI’s Dental Imaging Equipment Market Study

Extraoral X-ray systems emerged as the kingpin in the dental imaging equipment market, accounting for ~30% of the revenue pie in 2019
The popularity of intraoral sensors is gradually increasing, with prominent manufacturers doling out various two and three dimensional image sensors
Independent dental clinics are the primary end-users of dental imaging equipment, capturing nearly 70% of the market share in 2019
Asia-Pacific shall emerge as the fastest growing dental imaging equipment market followed by Africa and Latin America

Dental Imaging Equipment Market- Key Trends

Cone Beam Computed Tomography (CBCT) imaging is emerging as the gold standard for dental imaging. These systems are being leveraged to provide 3-dimensional data at a lower radiation dose and cost
Market players are investing in cutting-edge image-guided implant dentistry with lightning fast speeds to provide efficient treatment within a limited timespan
However, inadequate insurance coverage for dental treatment combined with its expensive nature is expected to deter patients from availing image-based dental care, impeding growth prospects

Dental Imaging Equipment Market- Region-wise Analysis

North America and Europe shall remain the dominant dental imaging equipment market growth avenues. Increasing awareness among patients about sophisticated image based surgeries is prompting dental clinics to adopt high-end dental imaging equipment
Exponentially increasing population pools in countries such as China and India are leading to increased prevalence of dental diseases. With the levels of disposable incomes rising due to economic growth, patients can afford expensive dental treatment, pushing up dental imaging equipment adoption in healthcare settings across Asia-Pacific
Rising dental care awareness in Brazil and South Africa is pushing up sales of dental imaging equipment in both regions

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Dental Imaging Equipment Market- Competitive Landscape

The dental imaging equipment market players are concentration on incorporating artificial intelligence and provide state-of-the-art imaging equipment to the end-users, thus providing them with a comparative advantage. For instance, in October 2019, DENTSPY Sirona Inc. launched the Xios AE and Xios XG Supreme intraoral scanners, providing outstanding image quality. These systems provide a theoretical resolution of 33 lp/mm and a 15 micrometer pixel size.

Another strategy which is actively followed is venture capital funding to facilitate research and development on advanced dental imaging equipment.

In February 2018, Nordic capital forged agreements with Adent Cliniques Dentaires Groupe SA to acquire TopOrtho and Top Mondzorg Dental Clinics for the purpose of furthering dental imaging research.

Similarly, the Asian Healthcare Fund invests in the Indian healthcare and life sciences sector and includes the investment programs titled “MyDentist” and “Sabka Dentist” since the past decade.

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Report: https://www.futuremarketinsights.com/reports/dental-imaging-equipment-market
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