Market Research Blog – Page 10094 – New Product Development

North America Hold a Significant Position in Global Asphalt Mixing Plants Market By Period 2022-2032

The North American region is the second-largest region, accounting for nearly 36% share of the Global Asphalt Mixing Plants market. The region is estimated to witness sluggish growth over the forecast period, on account of increasing restrictions on toxic emissions from the asphalt mixing plants.

Manufacturers of mixing plants are promoting equipment that fits the trend toward warm mix, recycling, cost savings, and environmental concerns. Along with this, the growing demand for low-cost, easy-to-transport construction equipment is a driving factor in the region’s asphalt mixing plants market.

Increasing asphalt production across the globe is a prime factor that will drive market demand. Countries, including India, Vietnam, and the Philippines, will be investing heavily in road construction & improvements in the coming decades to enhance their ranking.

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As people relocated from the countryside to urban areas to live and work over the past few years, urban areas have experienced tremendous growth. Private vehicle ownership will rise as disposable incomes rise, increasing demand on the roads and ultimately funding for road construction projects, especially in China and India. Due to the growing demand for affordable and portable construction equipment, portable product types are expected to gain the majority of market share.

Key Takeaways:

By Product type, the portable product segment of the Asphalt Mixing Plants segment expanded at a ~2% CAGR
Based on Application, the road construction segment of Asphalt Mixing Plants is estimated to record an ~2% CAGR
APAC region is likely to account for the majority share of nearly 3% during the forecast period
Europe region is estimated to gain significant traction in the market for Asphalt Mixing Plants, Germany is likely to hold the majority share.

“Constructers have been investing a lot of time and money in fostering new asphalt plant solutions to cater to important industry requirements, thus in turn, to fuel the market growth of asphalt mixing plants”.

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Competitive Landscape

Key players in the global Asphalt Mixing Plants market include Speco Limited, Nikko Co. Ltd., Ammann Group Holding AG, GP Gunter Papenburg AG, Lintec & Linnhoff Germany GmbH., among others. Recent key developments among players are:

In Aug 2022, Construction Partners, Inc. ROAD (the Company), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, announced the acquisition of Southern Asphalt, Inc., headquartered in Conway, South Carolina. As a result of the acquisition, the Company added two hot-mix asphalt plants and more than 200 employees in the Myrtle Beach, South Carolina metro area.
In Aug 2021, Berkshire Engineering Supplies (BES) and R&G Cooper (RGC) joined forces to create Bulldog Plant & Equipment Ltd, which is said to be the only business of its kind in Britain and is set to become the number one provider of large-scale production plants in the construction materials, engineering, and energy sectors.
In March 2022, Astec Industriesagreed to acquire MINDS Automation Group (MINDS). The firm is a leader in plant automation control systems and cloud-based data management in the asphalt industry.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the Global Asphalt Mixing Plants market presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on Asphalt Mixing Plants Market by Process (Batch, Continuous) by Product (Portable, Stationary) by Application (Road Construction, Others) by Capacity (Below 50T/H, 50-150T/H, 151-300T/H, Above 300T/H) & Region (North America, Europe, East Asia, South Asia, Oceania and Middle East & Africa, and Latin America)

About the Industrial Goods & Automotive Division at Future Market Insights

The Industrial goods and Automotive team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Billion+ data points, the team has been analyzing the industry lucidly in 40+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 140 countries. FMI is headquartered in Dubai and has delivery centers in the UK, U.S., and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that.

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Aquarium Pumps and Filters Market is Expected to Grow at A CAGR of Around 6.5% Through 2032

The global aquarium pumps and filters market size is poised to reach a valuation of US$ 821 Mn in 2022. Sales of aquarium pumps and filters are projected to increase at 6.5% CAGR from 2022 to 2032. The market is anticipated to be valued at US$ 1,546 Mn by 2032.

The global aquarium pumps and filters market is expected to grow at a significant rate during the forecast period. Rising trend of fish adoption and increasing number of people choosing fish keeping as a hobby in recent years are anticipated to aid growth. In addition to that, the trend of humanization of pets will create new growth opportunities for key players in the market.

Constant innovation and substantial investments into finding technological breakthroughs will also drive growth in the market. Various renowned fish care product manufacturers are striving to expand their presence in low and middle-income countries to generate more sales.

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Key Takeaways: Aquarium Pumps and Filters Market

China is set to generate the lion’s share in the aquarium pumps and filters market by 2032 with increasing demand for commercial fish farming activities.
The U.S. aquarium pumps and filters market is estimated to generate considerable share in 2032 owing to surging fish keeping practices.
France is expected to dominate the Europe aquarium pumps and filters market and exhibit growth at a CAGR of 5.5% in the forecast period (2022-2032).
Based on product type, the internal filters sub-segment is anticipated to dominate the global aquarium pumps and filters market by the end of 2032.
By material type, the plastic segment will continue to remain at the forefront in the global aquarium pumps and filters market by 2032.

“Increasing demand for ornamental fish among the millennial population worldwide is likely to boost the demand for advanced fish tank equipment, including pumps and filters,” says a FMI analyst.

Competitive Landscape: Aquarium Pumps and Filters Market

Leading firms in the global aquarium pumps and filters market are focusing on developing efficient products that would offer a variety of features to customers. They are also providing customized solutions as per the requirements of their clients. Some of the other key players are investing huge sums in research and development activities to upgrade their existing product offerings.

Key players in the global aquarium pumps and filters market are Ista Professional Aquarium System, EHEIM GmbH & Co. KG., Spectrum Brands, Inc., Rolf C. Hagen Inc., Aqua Design Amano Co., Ltd., Eco Plus Ltd., Shenzhen Xing Risheng Industrial Co.,Ltd., BOYU AQUASSTAR, HYDOR, API – Mars Inc., Central Garden and Pet Co., Arcadia Aquatic, JUWEL Aquarium AG & Co. KG., AZOO BIO CORPORATION, Aq Ventura Pvt. Ltd., and Interpet Co. Ltd. among others

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Aquarium Pumps and Filters Market Outlook by Category

By Product Type:

Pumps
- Submersible Air Pumps
- Inline Air Pumps
Filters
- Power Filters
- Internal Filters

By Application:

Household
Commercial

By Material Type:

Plastic
Metal Alloys
Other

By Sales Channel:

Wholesalers/Retailers
Hypermarket/Supermarket
Direct Sales
Specialty Stores
Online Stores
Others Sales Channel

Get More Valuable Insights on Aquarium Pumps and Filters Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global aquarium pumps and filters market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022 to 2032.

The study divulges compelling insights on the aquarium pumps and filters market based on product type (pumps [submersible air pumps, inline air pumps] and filters [power filters, internal filters]), application (household and commercial), material type (plastic, metal alloys, and other), sales channel (wholesalers/retailers, hypermarket/supermarket, direct sales, specialty stores, online stores, others sales channel), and region.

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Investment Feasibility Matrix

3.5. PESTLE and Porter’s Analysis

3.6. Regulatory Landscape

3.6.1. By Key Regions

3.6.2. By Key Countries

4. Global Aquarium Pumps and Filters Market Analysis 2017-2021 and Forecast, 2022-2032

4.1. Historical Market Size Value (US$ Mn) & Volume (Mn Units) Analysis, 2017-2021

4.2. Current and Future Market Size Value (US$ Mn) & Volume (Mn Units) Projections, 2022-2032

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

To Continue TOC…    

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Global Hammer Mill Market Size To Reach A Valuation Of US$ 1,016 Mn By 2032 | FMI

The global hammer mill market size stood at around US$ 641.3 Mn in 2021 and is expected to expand at a CAGR of 4.3% to reach a valuation of US$ 1,016 Mn by 2032.

Hammer mills are machines that shred or break down heavy movable materials such as rock and mineral ores into tiny parts. Milling grain, fruit juice manufacturing, ethanol facilities, paper shredding, trash management, and farm machinery that mill grain into coarse flour use hammer mills.

There are numerous hammer mill designs on the market, each with its own set of advantages. They are ideal for use in residential areas due to their low vibration and noise levels, but they are also an excellent choice for commercial applications due to their durability and low maintenance requirements. Because of their diverse processing capabilities, they are used in a wide range of industries, and the speed can be adjusted to process a variety of materials.

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Because of their low vibration and noise levels, they are suitable for use in residential areas, but they are also an excellent investment for commercial applications due to their long life and low maintenance requirements. They can be used in a variety of industries due to their diverse processing capabilities, and the speed can be adjusted to meet a variety of materials.

These days, hammer mills are becoming increasingly popular. The main reason for this is that they are highly adaptable devices. They can be used for a variety of things, including the production of biomass and feed. They are also extremely effective and capable.

“Increased machine utilization and demand for high-quality goods in various sectors, as well as the integration of smart devices into equipment, are driving the expansion of the hammer mill market,” says an FMI analyst.

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Key Takeaways:

At a CAGR of 5.8%, the fastest-growing product type is Pneumatic Discharge from 2022 to 2032.
From 2017 to 2021, the market for Hammer Mill increased at 3.4% CAGR and is expected to grow by 4.3% in 2022
Over the forecast period, the hammer mill market in Germany is projected to grow at a significant CAGR of 3.9%.
Over the forecast period, the hammer mill market in agriculture sector is projected to grow at a significant CAGR of 4.2%.
By Sales Channel, OEM is set to account for more than 95% of the global market
By 2032, East is estimated to have the largest share of the global market, accounting for more than 48%.

Competitive Landscape

Some of the key hammer mill manufacturers included in the report are Andritz, Sandvik AB, Manfredini & Schianchi Srl, Prater Industries, Kurimoto Group, Hosowaka Micron Corporation, Rasa Corporation, Lehra Fuel Tech Pvt Ltd, Perkin Elmer, Kahl & Schlichterle, Schenck Process Holding Ltd Gmbh, Gebr Bellmer Gmbh Maschinenfabrik and Doppstadt.

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About FMI – Industrial Automation

The industrial Automation division of FMI offers a novel approach and innovative perspective in analyzing industrial automation market. Comprehensive coverage of capital, portable, process, construction, industrial and special purpose machinery across manufacturing sector and distinctive analysis about installed base, consumables, replacement, USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders and channel partners when it comes to sustain, grow and identify new revenue prospects.

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Rugby Apparel Market is Projected to Expand Steadily at a CAGR 11.3% Value During 2022-2032

The global rugby apparel market size is projected to expand steadily at a CAGR 11.3% value, during the forecast period 2022-2032. In the year 2022, the market is projected to gain a market valuation of US$ 1.02 Billion. Considering the rising demand in the global market, the rugby apparel market is expected to reach US$ 2.98 Billion by 2032.

With the increasing number of rugby tournaments, the global acceptance of rugby apparel has increased, propelling the entire industry. Furthermore, an increase in the number of tournaments and games, as well as increased sponsorship and partnership for rugby apparel to be worn in the game, will drive market growth throughout the projection period. Consumers’ increased focus on environmentally friendly materials to maintain wearer comfort, as well as their increasing transition toward sustainable rugby gear, is boosting product demand and thus market expansion.

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Rugby gear provides flexibility of movement and comfort, as well as moisture management, which is driving market expansion. Another factor driving the global market demand for rugby apparel is the growing female participation in the sport. However, because rugby is not a popular sport among the general public, it is likely to limit market growth over the forecast period. Furthermore, limited commercial exposure for products is projected to stymie market expansion in the future years. In contrast, increased investments in this sport combined with innovation in apparel is projected to create profitable prospects for the market throughout the forecast period.

Key Takeaways from the Market Study

In 2022, the global rugby apparel market is estimated to have a global market size of US$ 1,022.85 Million.
By product type, the upper wear segment will account for 51% of the global market share in 2022 and grow with a 11.8% CAGR during the forecast period.
By product type, the bottom wear segment will exhibit a 10.3% CAGR during 2022-2032.
The APAC rugby apparel market is expected to grow with a 11% CAGR during the forecast period.
The European region is projected to acquire 41% of the global market share in 2022 and grow with a 12.2% CAGR during the forecast period.

“Growing demand for fresh and innovative rugby apparel designs among players is pushing the market size. Another major element driving the market is the growing number of females playing rugby and participating in rugby games around the world,” comments a Future Market Insights analyst.

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Competitive Landscape
The market is highly fragmented and competitive, with worldwide companies pursuing product innovation methods. A range of activities are being undertaken by key industry actors to increase their market position. These processes include mergers, collaborations, and acquisitions, as well as the development and introduction of innovative products, global expansion, and others.

Nike frequently uses social media outlets to promote brand visibility, which also aids in product sales volume and also additionally promotes through various media in order to propagate social messages regarding women’s empowerment and sports participation.
For the upcoming 2022/23 season, Canterbury launched the redesigned Ireland Rugby Home jersey in 2022. This will be worn by the men’s and women’s teams, along with a selection of training equipment all rugby fans can enjoy. This year’s shirt reflects the strength and solidarity of Irish players, fans, and supporters as they prepare for upcoming test matches against strong opponents.

More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global rugby apparel market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of product type (upper wear, bottom wear and socks) and region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

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Table of Content

1. Executive Summary

1.1. Global Rugby Apparel Market Snapshot

1.2. Key Market Trends

1.3. Current Market & Future Potential

1.4. FMI Recommendation

2. Market Overview

2.1. Market Segmentation

2.2. Market Indicators

2.3. Market Definitions

2.4. Market Dynamics

2.4.1. Drivers

2.4.2. Restraints

2.4.3. Opportunities

2.5. Porter’s Five Forces Analysis

2.6. Value Chain Analysis

2.6.1. List of Potential Customers

2.7. Global Rugby Apparel Market Analysis and Forecast, 2022-2032

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US Test And Measurement Equipment Market Up To A Net Worth Of US$ 19.1 Billion By The End Of This Forecast Period In 2032

Demand for such accuracy in products is predicted to drive the US test and measurement equipment market at an impressive CAGR and reach the market up to a net worth of US$ 19.1 Billion by the end of this forecast period in 2032.

North America leads the global test and equipment market in terms of market occupancy. Furthermore, the United States contributes the lion’s share in North America, with an estimated test and measurement equipment market value of US$ 11.4 billion in 2022. With advancements in autonomous driving technology and modern research fields, the general trend among larger players in the United States has shifted toward more precise and quality products, boosting demand for test and measurement equipment.

This has resulted in increasing demand for test and measurement equipment in the healthcare and pharmaceutical end-use industries, resulting in higher demand for test and measurement equipment products and solutions and test and measurement equipment adoption trends.

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The price sensitivity of test and measurement equipment, on the other hand, is expected to constrain market growth. Each of these factors is expected to have a significant impact on the test and measurement equipment market during the forecast period.

The introduction of 5G technology and the implementation of LTE & LTE-Advanced (4G) Networks, as well as the rapid adoption of IoT Devices, are expected to open up new opportunities for the test and measurement equipment market. Because of the presence of numerous significant companies, North America has the largest market share for test and measurement equipment.

Asia-Pacific is predicted to develop at the quickest rate, as governments in these areas implement numerous measures to support innovation and R&D in their respective countries. Given current advancements in connected and driverless vehicles, the automotive industry is likely to capture the test and measurement equipment market share.

The healthcare sector is likely to drive the test and measurement equipment market due to the development of new healthcare equipment, patient-monitoring systems, and personal emergency reporting systems, which are some of the other factors expected to positively influence the test and measurement equipment market trends.

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Key Takeways:

In the United States, the test and measurement equipment market is estimated to reach US$ 1.3 Billion by 2032, increasing at a CAGR of 10.7% through 2032.

The test and measurement equipment market in the United Kingdom is expected to be worth US$ 154.2 million by 2032, with a CAGR of 9.8% through 2032.
The test and measurement equipment market’s services segment form the component category is predicted to develop at a CAGR of 10.4% through 2032.
Through 2032, Threat Intelligence in the test and measurement equipment market’s application sector will grow at a CAGR of 10.1% through 2032.
China’s test and measurement equipment market is expected to reach US$ 275.2 million by 2032, with a CAGR of 10.2% through 2032.
The market for test and measurement equipment in Japan is expected to be valued at US$ 221.9 million by 2032, expanding at a 9.2% annual rate through 2032.

South Korea is expected to reach a market size of US$ 136.7 million in test and measurement equipment by 2032, with a CAGR of 8.6% through 2032.

Competitive Landscape:

Fortive Corporation, Rohde & Schwarz GmbH & Co. KG, Anritsu Corporation, Keysight Technologies, Yokogawa Electric Corporation, National Instruments Corporation, EXFO, Inc., Advantest Corporation, VIAVI Solutions Inc., and Texas Instruments Incorporated are among the major companies profiled in the test and measurement equipment market.

These companies provide test and measurement equipment solutions to meet test and measurement equipment market demands and needs.

To extend their influence in the test and measurement equipment market trends, these vendors have used a variety of organic and inorganic growth tactics.

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Recent Development:

A couple of recent developments in test and measurement equipment market are as follows:

VIAVI Solutions released new fibre test and measurement equipment solutions in March 2021, enhancing the industry’s most comprehensive offering for fiber-optic testing. The company’s new optical power metres, fibre characterization modules, and an enhanced optical time-domain reflectometer (OTDR) solution enable service providers, colocation and hyperscale data centres, enterprises, and contractors to reduce manufacturing costs, improve service quality, minimise downtime, and generate more revenue.
Anritsu introduced the TRX Test module, MU887002A, in March 2021, to increase the efficiency of production-line inspections of 5G wireless communication equipment, as well as its space-saving universal wireless test set, MT8872A.
As part of its OpreX analyzer lineup for use in water treatment facilities, Yogokawa launched TB820D right-angle scattered light turbidity detectors, FC800D non-reagent type free available chlorine sensor units, RC800D reagent type residual chlorine sensor units, FLXA402T liquid analyzers for turbidity and chlorine, and PG400 pulse generators for clean units in February 2021.

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Preterm Birth Prevention and Management Market to grow at a rate of 10.1% by 2029 | Get Customized Reports

The global Preterm Birth Prevention and Management Market is estimated to be worth around US$ 1.41 Bn in 2022. With increasing adoption of preterm birth prevention and management therapeutics across both developed and developing regions, the overall market is anticipated to grow at 10.1% CAGR between 2022 and 2029, totaling a valuation of US$ 2 .78 Bn by 2029.

The global Preterm Birth Prevention and Management Market surpassed the valuation of US$ 1 Bn in 2022, with growth projected to see a robust CAGR of more than 9% through 2029. The preterm birth prevention drugs industry is observing a substantial surge in number of FDA-approved new generic copies of blockbuster drugs every year. This can be primarily attributed to favorable government policy framework and demographics, orphan drug designations, adoption of new combination therapies, and complications in the selection of one line of therapy.

Key Takeaways of the Study

Development of higher complexity specific portfolios and consistent focus on areas of strength while working pipelines are the cornerstone for success in the preterm birth prevention market space.
Ensuring preterm interventions and research given proportional focus, so funding is aligned with health burden to curb the mortality rate
Makena, with various approvals for the treatment of preterm birth in potential female patient pool, contributed to the dominance of the progesterone therapy segment by therapy type in 2018 and continue to do so during the forecast period.
Highly effective therapies with cost advantage over are expected to generate significant revenue in the long run.
Majority of the global preterm birth cases have not been directed towards preterm diagnostic leading to higher mortality rates and complications
Sale of Hydroxyprogesterone over antihypertensive drugs such as Nifedipine, and labetalol in the global preterm birth prevention and management market has increased drastically owing to quicker onset of action and higher efficacy.

Launch of Cost-effective Therapies Bodes Well for Market

New revenue opportunities in developed economies, and orphan drug designation by FDA are contributing significantly towards the launch of cost-effective therapies. A few other factors assisting the growth of preterm birth prevention and management market include adoption of preterm diagnostic tests and the economic burden of premature birth on the system.

Frequent drug shortages and unavailability of life-saving formulations in many parts of the country, growing initiatives by government and manufacturers for supply of life-saving preterm birth drugs, particularly in low income and developing countries, are driving the market growth.

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More Valuable Insights on Preterm birth prevention and management Market

The study provide compelling insights on preterm birth prevention and management market on basis of therapy type (progesterone therapy, corticosteroid therapy, tocolytics therapy, antihypertensive therapy, magnesium sulfate therapy, heparin prophylaxis therapy, low-dose aspirin therapy, and antibiotics therapy) and by route of administration (Oral, Parenteral, and Vaginal) , and by patient type (prior spontaneous PTB, preeclampsia, short cervix, chronic hypertension, insulin-dependent, twins, antiphospholipid antibody syndrome, and others) and by distribution channel (hospital pharmacies, retail pharmacies, drug stores, and mail order pharmacies), across seven major regions.

Market segmentation

By Therapy Type:

Progesterone Therapy
Corticosteroid Therapy
Tocolytics Therapy
Antihypertensive Therapy
Magnesium Sulfate Therapy
Heparin Prophylaxis Therapy
Low-Dose Aspirin Therapy
Antibiotics Therapy

By Route of Administration:

Oral
Parenteral
Vaginal

By Patient Type:

Prior Spontaneous PTB
Preeclampsia
Short Cervix
Chronic Hypertension
Insulin-dependent
Twins
Antiphospholipid Antibody Syndrome
Others

By Distribution Channel:

Hospital Pharmacies
Retail Pharmacies
Drug Stores
Mail Order Pharmacies

By Region:

North America
Europe
Latin America
South Asia
East Asia
Oceania
Middle East and Africa

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Table of Content

Executive Summary
- Global Market Outlook
- Demand Side Trends
- Supply Side Trends
- Analysis and Recommendations
Market Overview
- Market Coverage / Taxonomy
- Market Definition / Scope / Limitations
Key Market Trends
- Key Trends Impacting the Market
- Product Innovation / Development Trends

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About Future Market Insights, Inc.

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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IV Poles Market to be worth USD 306.1 Mn by 2029, Get Insights FMI

The global IV poles market is set to record a market value of U.S$ 238.4 Mn in the year 2022 with a CAGR of 3.6% which indicates a positive market growth over the forecast period. Availability of upgraded IV poles with adjustable height and lengths is boosting their adoption among end users such as hospitals and clinics. Modifications in IV poles for surgical areas, intensive care units, magnetic resonance therapy and urology wards, colourful models for children’s ward are propelling revenues for the IV poles market. Moreover, technological modifications such as foldable IV stand available for patients who are travelling and IV poles that glow in the dark, are offering lucrative opportunities for IV poles market growth.

Key Takeaways – IV Poles Market Study

4 hook IV poles, owing to easy availability and increasing adoption, emerging as the most lucrative segment by product type, representing more than 50% of revenue share in the IV poles market.
Attributed to properties such as light weight and durability, stainless steel accounts for a significant revenue share in the IV poles market.
Increasing number of hospital beds contributes to the maximum share of hospitals in the IV poles market, followed by ambulatory surgical centers.
North America continues to be at the forefront of IV poles market, owing to rising patient footfall and increasing adoption of foldable IV poles.

Customized and chrome-plated steel IV poles are offering lucrative opportunity for robust market growth. Consistent efforts taken by market players to come up with advanced IV poles and their availability in emerging countries such as India, China, and Brazil are creating favorable atmosphere for the IV poles market.

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Mergers and Acquisitions Strategic Focus to Increase Global Footprint

Companies in the global market are engaged in mergers and acquisitions, as the industry is in development phase due to constant technology upgrades and launch of innovative IV poles. Key players in the IV poles market take calculated decisions to engage in mergers and acquisitions to strengthen product portfolio and consolidate their position in the market. In January 2017, Drive DeVilbiss Healthcare Limited acquired Sidhil Group Limited, thus expanding its business in the U.K.

What Does the IV Poles Market Report Include?

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 2014 to 2029. The global IV poles market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on IV poles market on basis of product type (2 hook, 4 hook, 6 hook, and 8 hook IV poles), material type (stainless steel, chrome plated steel and others) and end user (hospitals, clinics, ambulatory surgical centers, nursing homes, long-term care centers, and homecare settings), across seven major regions.

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IV Poles Market By Category

By Product :

2 Hook Top
4 Hook Top
6 Hook Top
8 Hook Top

By Material :

Stainless steel
Chrome Plated Steel
Others

By End User :

Hospitals
Clinics
Ambulatory Surgical Centers
Nursing Homes
Long Term Care Centers
Homecare Settings

By Region :

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle-East & Africa

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Skin Tears Treatment Market to cross USD 569.4 Mn by 2029, Says Future Market Insights

Driven by promotional and educational programs conducted for increased awareness, skin tears treatment market is set to expand 1.4X during 2022 – 2029. Currently representing a US$ 446.2 Mn market, the global skin tears treatment landscape majorly relies on awareness through educational programs, for improved product sales.

Manufacturers of skin tear treatment products are thus focusing on rising awareness levels about wound management through educational programs. Some manufacturers offer product selection criteria, whereas some companies provide these products along with the educational materials.

Key Takeaways

The U.S. is expected to be the prominent region in the skin tears treatment market primarily owing to increasing product adoption rate, rising awareness programs, presence of key players, and strong support from regulatory bodies in the country.
Most manufactures focus their efforts towards increasing awareness and educate healthcare professionals towards the importance and use of skin tears treatment products.
New skin tears treatment products such as hyaluronic acid wound devices and 2-Octyl Cyanoacrolate topical bandages are expected to gain more traction during the forecast period.
Factors such as less awareness, dearth of skilled professionals for identifying and treating skin tears affect the adoption rate of products, thereby hindering market growth.
Growing demand for advanced wound care in long-term care settings is expected to drive market growth.
Increasing adoption of skin tear treatment products in long-term care settings in the U.S., Canada, Germany, and Japan will particularly assist the growth of skin tears treatment market.

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What Are the Winning Imperatives?

Some of the key players offering skin tears treatment products include, 3M Health Care, Smith and Nephew Plc, ConvaTec Group Plc, Mölnlycke Health Care AB, Hollister Inc, BSN Medical GmbH (Essity AB), and Coloplast A/S.
The skin tears treatment market is a consolidated market with top four players accounting for 70% of the market share.
While most companies are working towards expanding their product reach, some companies are focused towards developing new products to penetrate and maintain a foothold in the market.
- For instance, Medline Industries is focused towards developing a stronger distribution network in the U.S. Manufacturers such as ConvaTec Group PLC., Mölnlycke Health Care, and Coloplast A/S have launched new products for skin tears treatment.

Key Segments:

By Product:

Moisture-retentive Dressing
- Mesh Dressing
- Foam Dressing
- Hydrogel Dressing
- Silicone Dressing
- Alginate Dressing
- Acrilic Dressing
- Hydrocolloidal Dressing
- Hydrofiber Dressing
Dressing Adhesives & Fixators
- Adhesive Fixation Products
- Non-Adhesive Fixation Products
Barrier Films
Hyaluronic Acid Wound Devices
Contact Layer Dressing
2-Octyl Cyanoacrolate Topical Bandages
Gels & Cream
Skin Closure Strips

By Type of Skin Tear:

Type 1 Skin Tear
Type 2 Skin Tear
Type 3 Skin Tear

By Distribution Channel:

Hospital Pharmacies
Retail Pharmacies
Speciality Pharmacies
Mail Order Pharmacies

By Region:

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

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Table of Content

Executive Summary

1.1. Global Market Outlook

1.2. Market Trends

1.3. Analysis and Recommendations

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

Key Market Trends

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Oscillating Positive Expiratory Pressure (OPEP) Devices Market to surpass USD 195.2 Mn by 2029, Says FMI

A new market research report by Future Market Insights (FMI) on the oscillating positive expiratory pressure (OPEP) devices market includes global industry analysis 2014–2021 and opportunity assessment 2022–2029.. According to report findings, the global oscillating positive expiratory pressure devices market was valued ~US$ 128.8 Mn in 2021, and is expected to increase at a CAGR of ~5.3% during the forecast period of 2022 and 2029.

The study opines that the global OPEP devices market is projected to witness significant growth over the forecast period due to multiple driving factors such as increasing regional availability of the oscillating positive expiratory pressure devices. The promising growth prospects are attributed to the innovative approach followed by manufacturers in designing devices, and the increasing adoption of OPEP devices among patients with respiratory diseases.

Regions such as North America and Europe are expected to hold a prominent market share in terms of value. However, the East Asia market is expected to project lucrative growth in the global oscillating positive expiratory pressure devices market in the forecast period of 2019-2029. This growth is majorly propelled by increasing regional manufacturers resulting in increased product availability at affordable costs.

Furthermore, prevalence of chronic obstructive pulmonary diseases (COPD) is on the rise due to increasing smoking population in China and aging population in Japan with respiratory disorders. Although, low awareness about oscillating positive expiratory pressure devices among healthcare professionals and patients is hampering the potential growth of the oscillating positive expiratory pressure devices market.

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Mouthpiece OPEP Devices – Preferred Choice for Airway Clearance

Based on the analysis of OPEP devices market by product, mouthpiece oscillating positive expiratory pressure devices are expected to hold a prominent value share in the global market. This, according to FMI’s analysis, has majorly resulted from the ease of use of these devices as well as comparatively wider availability in the market.

On the other side, based on indication, the COPD is likely to consume a majority share of the oscillating positive expiratory pressure devices market value. This is majorly due to the higher prevalence of the disease and adoption of oscillating positive expiratory pressure devices for disease management. Although, cystic fibrosis is rare disease and has limited patient pool yet adoption of oscillating positive expiratory pressure devices remains highest in cystic fibrosis patients.

OPEP Devices Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global oscillating positive expiratory pressure devices market. Some of the prominent key players in the global OPEP devices market are Smiths Medical Inc., Allergan plc, PARI GmbH, Monaghan Medical Corporation, Trudell Medical International, Actegy Health Ltd., WyMedical Pty Ltd, R. Cegla GmbH & Co. KG, etc.

The global oscillating positive expiratory pressure devices market is significantly consolidated, with top two players holding prominent shares in the market revenues. These players are offering oscillating positive expiratory pressure devices under their popular brands such as Portex®, Flutter®, and Aerobika®, among others.

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Oscillating Positive Expiratory Pressure (OPEP) Devices Market by Category

By Product Type:

Face Mask PEP Devices
Mouthpiece PEP Devices
Bottle PEP Devices

By Indication:

COPD
Asthma
Atelectasis
Bronchitis
Bronchiectasis
Cystic Fibrosis
Others

By Distribution Channel:

Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

By Region:

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

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Absorbable Tissue Spacer Market Is Expected To See a growth of 10% | Future Market Insights

The global absorbable tissue spacer market reached ~US$ 85 Mn in terms of value in 2018, and is expected to propel at an impressive CAGR of ~10 % during the forecast period.

Surging demand for radiation therapy in the backdrop of rising morbidities due to cancers as compared to other chronic diseases altogether in developed and under-developed economies are surfacing as the cornerstone for the progress of absorbable tissue spacer market, says the FMI study. Furthermore, stringent legal policies will persist to regulate the emission of high-energy rays during radiotherapy treatment and assure patient safety, which is likely to motivate manufacturers to perform clinical studies by consulting with experts.

Increasing prevalence of cancers continues to be a global concern, and elimination of cancerous tissues in an efficient way remains of core interest for oncologists and dosimetrists. The leading participants in absorbable tissue spacers market landscape are focusing on conducting clinical trials to develop spacers that are tailored to specific needs of the target area.

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Hydrogel-based Spacer Remains Preferred among Surgeons

As per the findings of FMI’s research, hydrogel-based absorbable tissue spacers account for ~3/4^th shares of total sales. The report further suggests that the hydrogel-based spacer is rapidly becoming an integral component of prostate cancer radiotherapy and is one of the few absorbable tissue spacers that have received government clearance in most of the countries.

Preview Analysis of Absorbable Tissue Spacer Market is segmented by ( Product Type – Hydrogel-Based Spacer, Biodegradable Hyaluronic Acid Spacer, Biodegradable Balloon Spacer & Crystal-Based Spacer; Application – Radiotherapy & Infection Management; End Use – Hospitals, Ambulatory Surgical Centres & Specialized Clinics;) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2029

Hydrogel-based spacers have high tolerability as the space created between prostate and rectum efficiently lowers the emission concentration on the rectum, significantly reducing irritation of rectum during prostate radiotherapy. Placing hydrogel-based spacers is technically less-complicated, especially for surgeons who are aware of ultrasound-directed transperineal injections. Magnetic Resonance Imaging (MRI) and Computed Tomography (CT) scans enable confirmation about proper deployment of spacers. Furthermore, patients undergoing radiation therapy with hydrogel-based spacers are lesser prone to adverse long-term rectal complications and relatively decreased amount of rectal pain during treatment, making hydrogel-based spacer most sought-after among oncologists.

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Cancer specialists are constantly shifting towards absorbable tissue spacer to cure different types of cancers. Absorbable tissue spacers, after proper placement, protects the adjacent healthy tissues from strong radiation, resulting in increased concentration of dose delivery at the affected organ, thereby eliminating adverse procedural events. Further, absorbable tissue spacers avoid the need for a second surgery for spacer removal as they gradually dissolve into the tissues.

Key Segment

By Product Type

Hydrogel-Based Spacer
Biodegradable Hyaluronic Acid Spacer
Biodegradable Balloon Spacer
Crystal-Based Spacer

By Application

Radiotherapy
Infection Management

By End Use

Hospitals
Ambulatory Surgical Centres
Specialized Clinics

By Region

North America
Latin America
Europe
South Asia
East Asia
Oceania
MEA

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