Food Cans Market – Major Revenue Gain is Predicted by 2032

Food cans market are leakage, tamper-proof and maintain the nutritional value of the product. Food cans are highly preferred by the consumers especially for dry and granular food products. Food cans are impeccable choice for the customers due to its high barrier properties. Food cans witness high demand every year, with millions of food cans manufactured worldwide. Food cans are available in variety of closure that provides consumer convenience for product handling. These property of food cans increase their preference among the consumers as well as manufacturers.

Food cans are the most effective packaging solutions that provide all the features needed during transportation and storage. Hot and cooked food is filled in the food cans, under the wide range of conditions. This ensures that food can be preserved for longer duration of time without the need of the preservatives. Food cans are best suited for preserving the food because it prevents the growth of microorganisms that cause food illnesses. Food cans manufacturers are focusing on the lightweight food cans due to inconvenience caused by consumers.

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Food Cans Market: Dynamics

The global food cans industry has witnessed significant growth over the last few decades with the products soaring to new heights each year. Preference of food cans is expected to grow over the forecast period, owing to recyclability.

Food cans serves the storage purposes for dry food products which include frozen food, beans, fruits and vegetables, pet food and others. Increase in the preference of canned food and increase in the disposable income is the primary factor driving the sales of the global food cans market. Being 100 % recyclable food cans are expected to be the ideal packaging choices for the manufacturers in the world which emphasizes sustainable packaging solutions. Increase in awareness among the consumers related to intake of healthy fruits and vegetables is contributing towards the growth of the global food cans market.

Despite the positive factors, there are certain factors which hinder the growth of the global food cans market. Pouches and plastic containers are the alternative solution which provides additional functionality, features and value which is expected to hinder the growth of the global food cans market. Fish & seafood segment is expected to be most attractive segment, during the forecast period. Overall, the global outlook of food cans is expected to remain positive, during the forecast period.

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Food Cans Market: Regional Overview

The North America food cans consumption is expected to remain on the top in terms of value and volume during the forecast period. The United States (U.S.A) will remain the largest market of food cans while Canada is expected to register notable growth of food cans market during the forecast period.  The Asia Pacific excluding Japan (APEJ) is expected to closely follow the North America food cans market during the forecast period. Western Europe is expected to closely follow the APEJ region in terms of food cans market size during the forecast period. The Middle East & Africa (MEA) food cans market is expected to register sluggish growth during the forecast period.

Food Cans Market: Key Players

Few of the leading players operating in the global food cans market are –

  • Ardagh Group
  • Wells Can Company
  • Kian Joo Group
  • CPMC Holdings
  • Kingcan Holdings Limited
  • CAN-PACK S.A
  • Tetra Laval International S.A.
  • Aaron Packaging, Inc.
  • Crown Holdings
  • Ball Corporation

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, macroeconomic 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.

Regional analysis includes –

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

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Food Cans Market: Segmentation

The global food cans market has been segmented as follows –

On the basis of material, the global food cans market has been segmented as:

  • Aluminum
  • Steel
  • Plastic
  • Others

On the basis of application the global food cans market has been segmented as:

  • Pet food
  • Convenience Food
  • Fish & Seafood
  • Fruits & Vegetables
  • Others

Report Highlights:

  • A detailed overview of parent
  • Changing market dynamics in the food cans industry.
  • In-depth food cans market segmentation.
  • Historical, current, and projected size of the food cans market regarding volume and value.
  • Recent trends and developments in the food cans market.
  • Competition landscape in the food cans market.
  • Strategies for key players and products offered in the food cans market.
  • Potential and niche segments, geographical regions exhibiting promising growth in the food cans market.
  • A neutral perspective on performance of the global food cans market.
  • Must-have information for food cans market players to sustain and enhance their market footprint.

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.

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Tetrahedron Carton Market: Global Industry Analysis and Opportunity Assessment 2022– 2027

Tetrahedron carton contains several layers of packaging material which protects the product from various problems such as decaying of product, contamination, light, etc. and increases the shelf life of the product to a certain extent. Tetrahedron carton are advance packaging solutions which helps the product to sustain for several months without refrigeration. Due to all these above features, the market for tetrahedron carton is expected to witness significant growth over the forecast period 2017-2027.
In recent years, food and beverage packaging has been a major business segment in packaging industry. As a result of this demand for various packaging solutions for beverage are getting popularity. Similar such beverage packaging segment is aseptic packaging technology which have seen a tremendous growth in recent years. Due to convenience, tetrahedron carton for aseptic packaging have come into presence with a good success rates in terms of volume for beverage packaging.Global Tetrahedron Carton – Market Dynamics:

Growing demand from food industry during the forecast period and rising awareness about ready-to-eat processed foods without preservatives is expected to increase the demand for tetrahedron carton in next few years. Developing countries constitute the maximum rise in demand for such products while developed countries are already benefiting from these products from the last few years.

Tetrahedron carton also offers manufacturers the freedom to produce different décor, shapes, and sizes of packages, thereby attracting the end use customers for their products not just nutritionally but aesthetically as well. Tetrahedron carton are an excellent substitute for these traditional products; as these (tetrahedron carton packages) not only impart extra shelf-life to the product, but are also environmentally safer as compared to PET and glass bottles used for packaging. Presently, the market for tetrahedron carton is highly polarized due to the uniqueness of the product supplied by the existing few manufacturers.

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Any new company planning to venture into tetrahedron carton market would require to focus on value addition through product differentiation. Economies of scale would be another key challenge for a company to remain competitive in the market for tetrahedron carton.

Global Tetrahedron Carton – Regional Overview:

The global tetrahedron carton market can be divided into seven major regions which are as follows:

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

The market for tetrahedron carton is expected to be dominate by North America in terms of volume due to high demand for aseptic packaging for beverage industry in these region. Europe region would also expect to witness a higher growth for tetrahedron carton market over the forecast period 2017-2025.

The market in Asia-Pacific region for tetrahedron carton is expected to have the highest growth due to the expansion of food and beverage industry in these regions. Furthermore, Latin America and the Middle East & Africa region are expected to witness relatively slower growth over the forecast period for tetrahedron carton market.

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Global Tetrahedron Carton– Key players:

Few of the key players in the tetrahedron carton market are Tetra Pak International S.A., Sig Holding AG, Greatview Aseptic Packaging Co., Ltd., Elopak AS, Molopak Ooo, IPI srl; a subsidiary of Coesia S.p.A., Uflex Ltd, Caraustar Industries, Inc., etc.

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 categories such as market segments, geographies, type of product and applications.

The report covers exhaust analysis on:

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

The 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
  • The 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.

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Global Tetrahedron Carton – Market Segmentation:

The global tetrahedron carton market can be segmented by the material type, by capacity, and by end user base.

On the basis of material type, the global tetrahedron carton market is segmented into:

  • Plastic
  • Polyethylene (PE)
  • Ethyl Vinyl Alcohol (EVOH)
  • Others
  • Paperboard
  • Aluminum

On the basis of capacity, the global tetrahedron carton market is segmented into:

  • 50 ml to 150 ml
  • 150 ml to 250 ml
  • 250 ml to 500 ml
  • 500 ml & Above

On the basis of end user base, the global tetrahedron carton market is segmented into:

  • Food & Beverages
  • Pharmaceuticals
  • Dairy Products
  • Others

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

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

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Portion Bags Market Size, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2032

The food industry is the largest end user segment of the packaging industry driving the growth of the industry enormously. Portion bags are the newest innovation in the food industry whereby the over portioning of food is significantly reduced leading to minimized food wastage. Portion bags are a cost effective solution and also help in preserving the shelf life of the food product.

The introduction of portions bags is a win-win situation for both the consumers as well as manufacturers. For the manufacturer or the sellers, it will help them to pull a large fraction of the population, and in turn boost sales and for the consumer, it will help to keep a track on the food intake.

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The growth of the portion bags market is expected to be steady over the forecast period as a large number of people are inculcating portion diets in their daily lifestyle.

Portion Bags: Market Dynamics

One of the primary factor driving the global portion bags market is that food wastage is significantly reduced leading to increased profits for the food service operators. Rising disposable income of the middle-class population and the changing lifestyle is also a key factor driving the growth of the global portion bags market.

Portion bags are a boon for the highly obese nations where the individuals can use portion bags to significantly reduce their food intake and keep a tab on their diets. The cost of the portion bags is a restraining factor hampering the growth of the global portion bags market.

Portion bags are itself a trend in the global food packaging industry. Portion bags represent a great opportunity for the packaging industry and is expected to reap huge benefits for the industry growth.

Portion Bags: Market Segmentation

The global portion bags market is segmented on the basis of material type, sealing type, packaging type, and geography. On the basis of material type, the global portion bags market is segmented into HDPE, LDPE, PP, and others. On the basis of sealing type, the global portion bags market is segmented into Heat seal, zipper top, and self-adhesive seal.

Zipper top bags have a high preference percentage as compared to other types of portion bags. On the basis of packaging type, the global portion bags market is segmented into single day portion bags and weekly portion bags. Both the single day as well as weekly portion bags are further sub segmented into large size and small size portion bags.

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Portion Bags Market: Regional Outlook

On the basis of geography, the global portion bags market is segmented into North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. North America is represented by highly obese nations such as the United States. It has been reported that food sizes have doubled in the United States over the last two decades. U.S. represents a flourishing ground for the growth of portion bags market.

On the other hand, the United Kingdom in Europe stands among the top country with the highest food wastage rate, and hence the demand of portion bags is expected to grow at a steady pace over the forecast period. Asia Pacific is projected to exhibit moderate pace for the growth of the portion bags market. Rising disposable income of individuals and an increase in the number of working population are the most probable reasons for the growth of the global portion bags market in the region.

Portion Bags Market: Key players

Some of the key players in the global portion bags market are

  • ITD Food Safety,
  • Mondi Group,
  • WinPak Ltd.,
  • Prism Pak, Inc.,
  • RH Packaging Ltd.,
  • Biopac (UK) Ltd,
  • Wegmans Food Markets, and
  • Wasserstrom Restaurant Supply.

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 categories such as market segments, geographies, type of product and applications.

The report covers exhaust analysis on

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

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

For Sales Enquiries: sales@futuremarketinsights.com

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Glaucoma Treatment Market: Top Trends and industry overview to watch for in [2022-2032]

Glaucoma Therapeutics market is expected show exponential growth over the forecast period due to increasing prevalence of glaucoma throughout the globe.

Attributes Details
Glaucoma Treatment Market Size (2027) US$ 11.05 Bn
Glaucoma Treatment Market Size CAGR (2022-2032) 3.2%
Glaucoma Treatment Market Size Attraction Growing infrastructure and demand for renewable energy to offer impetus.

According to the journal published at NCBI, glaucoma is the leading cause of blindness among the people worldwide.

By treatment type, medication eye drops segment will hold the maximum market share for the global glaucoma therapeutic market due to its high preference by the physician for medication during the early stages of treatment.

Laser surgery is more preferred than tradition surgery by booth surgeon and the patients owing to the low risk of failure.

By glaucoma type, closed glaucoma will dominate the maximum market share attributed to its more prevalence then open glaucoma.

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Glaucoma Therapeutics Market: Drivers and Restraints: The change in the lifestyle of people has resulted in the rise in the prevalence of glaucoma globally. Increasing prevalence of glaucoma is the primary factor driving the growth of glaucoma therapeutics market around the globe. Glaucoma is more prevalent among the people above the age of 60. Rising geriatric population thought the globe is also responsible for the robust growth of glaucoma therapeutics market over the forecast period. Increasing preference of physician towards the laser surgery for the treatment of glaucoma will propel the growth of glaucoma therapeutics market over the forecast period. Less awareness among the people about the glaucoma treatment will deter the growth of glaucoma therapeutics market to some extent. Moreover, lack of availability of skilled professional for laser surgery in under developing economies will also hamper the growth of glaucoma therapeutics market.Glaucoma is the eye disease that damage the patient eye nerve optics. The formation extra fluid up in the front part of the eye results the damage to eye nerve optics.

Glaucoma is of two type, primary open-angle glaucoma and angle-closure glaucoma which is also referred as closed-angle glaucoma or narrow-angle glaucoma.

Open-angle glaucoma is the most common type glaucoma. Primary glaucoma gradually happens when the eye does not drain the fluids.

This result the building of pressure on eye nerve optics. Open glaucoma causes no change in the eye vision and it is painless too.

Closed-angle glaucoma happens very close to the drainage angle which results the blocking of drainage angle of eyesight. This is a very acute type of glaucoma.

This type of glaucoma may affect the vision of the patient and it may cause severe pain to the eye and the headache.

Glaucoma is generally treated with eye drops, pill, traditional surgery, laser surgery and sometimes the combination of these methods.

The aim of glaucoma treatment is to avoid the vision loss of patient wherever if the vision of particular patient is already lost then it is irreversible by glaucoma treatment.

Regular consumption of medication as prescribed by the physician is very necessary for the proper treatment of glaucoma.

The drugs of glaucoma have very fewer chances of effects which has increased it adoption the global market.

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Glaucoma Therapeutics Market: Key Players

Some of player across the value chain of Glaucoma Therapeutics market are Novartis AG, Allergan, Merck & Co., Inc., Akorn, Inc., Bausch & Lomb Incorporated, Teva Pharmaceuticals, Pfizer and Santen 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.

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.

Glaucoma Therapeutics Market: Segmentation

The global Glaucoma Therapeutics market is classified on the basis of treatment type, glaucoma type, and geographic region.

Based on treatment type, Glaucoma Therapeutics market is segmented into following:

  • Eye Drops
  • Medication
  • Laser Surgery
  • Traditional Surgery

Based on glaucoma type, Glaucoma Therapeutics market is segmented into following:

  • Open-angle glaucoma
  • Closed-angle glaucoma

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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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Pet Diabetes Care Devices Market Future Scenarios, Growth and Analytical Insights – 2032

According to a recent study done by FMI, the pet diabetes care devices market is expected to reach US$ 3.90 billion by 2032, up from US$ 2 billion in 2021, expanding at a high CAGR of 6.6%. This study explains how the pet diabetes care devices market is directly proportional to an increased number of suffering pets and diabetes spreading amongst them. E.g., caring for a blind dog with diabetes.

Attributes Details
Pet Diabetes Care Devices Market CAGR (2022 – 2032) 6.5%
Pet Diabetes Care Devices Market (2032) US$ 4 Bn
Pet Diabetes Care Devices Market Attraction The increasing obesity of pets as a result of fewer physical activities and major eating disorders are driving forces behind the development of pet diabetes care devices.

The domestication of animals is leading to a lack of insulin production in them. The limited flow of glucose to the cell can be termed diabetes. This chronic disease is a major concern for pet owners and needs to be taken care of. This concern leads to the expansion of the pet diabetes care devices market. Devices like the alphatrak blood glucose meter are in use as they help the pet owners monitor the pet’s health.

The increased number of people adopting pets and then domesticating them around in their households, treating and caring for them as family members are some other factors for the proliferation of the pet diabetes care devices market.

As diabetes is a chronic disease, the care devices are used for a lifetime for taking care of the pet. This leads to the high sales of structured devices and care units like dog fitness trainers, special diet consultants, and regular insulin injections.

Effective diabetic care and management are important for the pet’s health. Stating American Pets Products Association, 90.5 Mn families have adopted a pet, increasing the amount of capital spent on a single pet for the healthcare and wellbeing of their beloved pet.

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Key Takeaway

  • With Covid-19 affecting the global supply and demand chains, the healthcare market is already affected. The pet care market, including the pet wellbeing care devices market, has seen a blow during the surge in the cases.
  • The animal rights and pet rights organizations are working hand in hand in order to spread awareness about different diseases that pets deal with. The cure and care have been taught to the pet parents through online conferences during the pandemic.
  • The global pet diabetes care devices market is segmented by device type, animal type, and end users. These segments perform differently in each marketing space.
  • On the basis of device type, the global market is divided into Insulin Delivery Devices and Glucose Monitoring Devices. The leading segment is insulin delivery. E.g., Pet wellbeing sugar gold for dogs, Vetsulin for dogs and cats. On the basis of animal type, the market is segmented into Cats, Dogs, and Horses. The leading segment in the market is dogs, as they are domesticated the most in this category. Taking care of a diabetic dog needs plenty of care and regular check-ups from time to time.
  • On the basis of end-use, veterinary clinics, home care settings, and veterinary hospitals are the segments.

Competitive Landscape

The global pet diabetes care devices market is dominated by Apotex Inc, Boehringer Ingelheim VetMedica Inc, Becton, Dickinson and Company, FitBark, Henery Schein Animal Health, Merck Animal Health, Ulticare, and TaiDoc. These companies are adopting new organic and inorganic plans to increase their stronghold in the pet diabetes care devices market.

Lately, Merck Animal Health, Zoetis, and Purina are continuing the diabetes pet care alliance program. This involves alliances, aids, and pet screenings.

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Key Segments

By Animal Type:

  • Cats
  • Dogs
  • Horses

By Device:

  • Insulin Delivery Devices
  • Insulin Delivery Pen
  • Insulin Syringes
  • Glucose Monitoring Devices

By End User:

  • Veterinary clinics
  • Home Care Settings
  • Veterinary Hospitals

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa (MEA)

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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.
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Report: https://www.futuremarketinsights.com/reports/pet-diabetes-care-devices-market
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Cell Culture Market Comprehensive Research Study and Strong Growth in Future 2032

With an estimated CAGR of 11.9% during the projected period, the cell culture market share is expected to reach US$ 75 Bn by 2032, finds a recent report published by FMI. The study finds that the rising awareness about the benefits of cell-based vaccines gives rise to the cell culture market.

Attributes  Details
Cell Culture Market CAGR (2022 – 2032) 11.9%
Cell Culture Market (2032) US$ 75 Bn
Cell Culture Market Attraction Manufacturers’ concentration on low
penetration, high growth markets, and
segmentation creates incremental
opportunity.

Cell culture has become an essential aspect of vaccine manufacture in the pharmaceutical business. Vaccines for rotavirus, polio, smallpox, hepatitis, rubella, and chickenpox have all been developed using cell culture technology. Cell-based flu vaccines have also been approved for use in the United States and many European nations.

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Cell culture could be a good starting point for developing new COVID-19 vaccines. Researchers working on the related coronaviruses SARS and MERS are focusing on cell culture-based treatment options for COVID-19, as well as research into producing cell culture-based vaccinations.

Furthermore, the growing awareness of the benefits of cell culture-based vaccines and the regulatory approval of many cell culture-based vaccines around the world are projected to drive the cell culture market forward over the forecast period.

Researchers have been able to develop novel medicines to cure life-threatening diseases because of technological improvements. The utilization of cell culture is required for vaccinations and personalized treatment. As a result of the factors mentioned above, the cell culture industry is expected to grow.

The cost of cell biology research has risen dramatically due to the growing need to maintain high-quality standards (via the use of high-grade materials) and adhere to regulatory guidelines. As a result, several academic institutions and small businesses have benefited.

On account of the factors stated above, the cell culture market size is expected to rise at US$ 41.3 Bn by 2026.

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Key Takeaways:

● during the projection period, the consumables segment is expected to report the largest market share due to increased funding for cell-based research.

● The Pharmaceutical & Biotechnology Companies sector is the largest stakeholder in the cell culture market, depending on the end user, due to the expansion of major pharmaceutical businesses and increased regulatory approvals for cell culture-based vaccines.

● North America currently dominates the cell culture market, and this trend is projected to continue over the forecast period. The growing demand for individualized medication and the existence of prominent companies in the market are primarily responsible for this.

● leading manufacturers focus on increasing their geographical presence in rising Asia-Pacific countries to gain high market share is predicted to fuel the region’s cell culture market expansion.

Competitive Landscape:

With the large pool of players in the Cell Culture Market, the nature of the market is fragmented.

The primary critical players in the market are Becton, Dickinson and Company, Corning Incorporated, Eppendorf, Sartorius AG, Merck KGaA, Lonza Group AG, PromoCell GmbH, Danaher Corporation, Thermo Fisher Scientific, and HiMedia Laboratories.

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Recent Developments in the Cell Culture Market:

● Thermo Fisher Scientific introduced its new Gibco Human Plasma-like Medium (HPLM) in March 2021, the first cell culture medium that matches the metabolic profile of human plasma and is intended to give researchers a realistic perspective of cell growth within the human body.

● Captivate Bio’s array of cell culture tools was launched in January 2021 to support the fight against COVID-19, and other developing diseases and solve the gaps shown by supply chain challenges and delays in cell culture media manufacturing in the United States.

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Injection Pen Market is anticipated to touch a value of nearly US$ 53 Bn in the year 2032

As per the injection pen market survey by Future Market Insights (FMI), the market is expected to witness steady growth at a CAGR of 7% during the forecast period 2022-2032.

Attributes Details
Injection Pen Market CAGR (2022 – 2032) 3%
Injection Pen Market (2026) US$ 53 Bn
Injection Pen Market Attraction Reimbursements and technological development in injection pen to boost adoption.

An increased preference for injectable pens over the traditional vial and needle approach, which is being driven by an increase in the number of needlestick injuries, is a significant factor contributing to injection pen market growth.

As per the injection pen market study, sales of injection pens spike owing to the surging popularity of injection pens facilitated by advances in delivery device technology.

The study finds that the injection pen market size expands to a considerable extent as healthcare businesses are growing in response to rising medical needs.

The least amount of difficulty and inconvenience associated with injection pens to deliver drugs into the body is predicted to surge the demand for injections pens.

Given that many chronic illness implants are biologics, the expiration of copyrights, increasing funding agencies, and growing support from governments and insurance companies present a new horizon of injection pen market opportunities.

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Needlestick anxiety and injury caused by injection pen needles are the main deterrents to using injection pens. As a result, there are a variety of needle-free devices that have the added benefit of not causing needle anxiety, which is an impediment to the adoption of injection pens.

Moreover, insulin injection pen therapy has also been linked to hyperglycemia in some patients due to the inability to control the dose, on account of which people worldwide are having second thoughts, which in turn impacts the injection pen adoption trends negatively.

On account of the aforementioned factors, the injection pen market is predicted to garner a revue of US$ 53 Bn by 2026.

Key Takeaways:

  • The disposable injection pens segment by type is expected to grow at the fastest CAGR during the forecast period, owing to the reimbursement of disposable pens, which have advantages such as the availability of portable pen injectors coupled with low infection risk.
  • On account of the world’s sizeable diabetic population and favorable reimbursement policies for diabetes treatments in developed economies, the diabetes segment is projected to dominate the market by therapy.
  • Based on end-use, the home care segment is likely to lead the market due to the rising demand for self-administration drugs delivery devices such as self-injecting insulin pens and the increasing prevalence of chronic diseases.
  • Retail pharmacies are anticipated to be at the forefront of the global injection pen market by distribution channel as they are a prominent chain of pharmacies around the world and enable proper distribution, thereby providing patients with better access.
  • The Asia Pacific market is expected to proliferate, and the same can be credited to the development of infrastructure and accurate dosage delivery coupled with low injection pens price.

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“North America is forecasted to dominate the market, owing to an increase in the number of diabetic patients and the use of injection pens in-home care settings. Furthermore, the region is likely to elicit vital emerging trends in the injection pen market, and the presence of key players offering various pen injection devices used for autoimmune growth hormone is expected to fuel the region’s market during the forecast period.” avers an FMI researcher.

Competitive Landscape:

Eli Lilly and Company, Mylan N.V., Sanofi, AstraZeneca, Owen Mumford Ltd., Novo Nordisk, Sandoz Inc., and GlaxoSmithKline plc are some of the prominent players in the injection pen market.

Companies in the injection pen market are focusing on increasing their injection pen market share through global collaborations, thereby influencing the injection pen market’s future trends.

Legions of companies are using mergers and acquisitions as key strategic moves to expand and strengthen their global presence.

Aside from that, product launches have remained an important approach for players.

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Recent Developments in the Injection Pen Market are:

  • Becton, Dickinson and Company, a leading global medical technology company, has received 510(k) clearance from the U.S. Food and Drug Administration for its second-generation B.D. Nano pen needle, which is designed for more consistent subcutaneous injection depth.
  • AbbVie GK has announced the release of the HUMIRA auto-injector device. HUMIRA is an anti-TNF-monoclonal antibody formulation that is entirely human.

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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.

Contact:                                        

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Molecular Quality Controls Market: Drivers and Challenges

According to the market research report by Future Market Insights, the global molecular quality controls market is estimated to increase at a CAGR of 6.7%, from US$ 164 million in 2021 to US$ 226 million by 2026.

Attributes Details
Molecular Quality Controls Market CAGR (2022 – 2032)  7%
 Molecular Quality Controls Market (2026) US$ 226 Mn
 Molecular Quality Controls Market Attraction Asia Pacific to hold attractiveness

The rising adoption of third-party quality controls, the growing number of accredited clinical laboratories, the rising demand for external quality assessment support, increasing government funding to support genomics projects, increasing demand for personalized medicines, declining sequencing costs, and the rising prevalence of infectious diseases, cancer, and genetic diseases are all driving molecular quality controls market forward.

The COVID-19 pandemic had a detrimental impact on molecular quality controls sales. As governments increasingly loosen their prohibitions on migration, there is a rise in testing numbers.

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With the COVID-19 pandemic, dealing with infectious illness has become a major medical concern throughout the world. There is an increasing demand for more precise and easy testing methods, as well as the expansion of testing structures. Companies have also made strategic decisions to deploy COVID-19 quick testing, maintain revenue, and mitigate COVID-19’s influence on their operating capabilities.

Due to the expanding global burden of various diseases, the number of laboratory tests performed has grown. The number of laboratories in both the public and private sectors is growing to satisfy this need.

Setting up a quality control process in a clinical laboratory necessitates a large financial commitment. Laboratories must also have specialized people to supervise the quality control system.

Regardless of the number of tests completed, QC procedures entail equal expenses. As a result, the expense of implementing QC processes in clinical laboratories that perform modest quantities of diagnostic tests is prohibitively expensive. This, along with funding restrictions in many hospitals and laboratories in both developed and emerging economies, is projected to lead to a decreased adoption of quality-control techniques.

New multi-analyte and multi-instrument controls have been developed as a result of technological improvements. These cutting-edge controls combine many instrument-specific controls into a single control, allowing clinical laboratories to save money. In addition, these controls save time by eliminating the need for separate QC processes for each analyte.

In the next years, the increased availability of such molecular quality controls for infectious disease diagnostics and other applications is likely to drive market expansion.

Key Takeaways:

  • The Asia Pacific molecular quality controls market is expected to reach US$ 72.07 million in 2028 from US$ 34.27 million in 2021; it is estimated to grow at a CAGR of 11.2%.
  • The European molecular quality controls market is expected to reach US$ 109.59 million by 2028 from US$ 55.76 million in 2021; it is estimated to grow at a CAGR of 10.1%.
  • The growing implementation of genomic sequencing in healthcare systems is supported by substantial government investments, totaling over US$ 4 billion by at least 14 countries.
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Comparative View of Adjacent Molecular Quality Controls Market

Attributes Molecular Quality Controls Market Point-of-care Molecular Diagnostics Market Wearable Healthcare Devices Market
CAGR (2022 – 2032) 5% 8% 13%
Market Value (2026) US$ 673 Mn US$  4 Bn US$ 30 Bn
Growth Factor Rising adoption of third-party quality control devices to drive adoption. Growing focus on decentralized diagnostics to improve focus on the point-of-care molecular diagnostics. Shortage of physicians and fear of getting infected is shifting the trend towards mobile healthcare consulting.
Opportunity Growing demand for multi-analyte controls in emerging countries to foster opportunities. Influence of COVID-19 and conducive regulatory policies to offer great expansion opportunities. Outbreak of COVID-19 to offer opportunities to the market players.
Key Trends Development of technologically advanced products to sustain opportunities. Focusing on emerging markets to improve growth potential in the market. Innovation is the key for the players.

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Key Segments
  By Analyte:

  • Single-analyte Controls
  • Multi-analyte Controls

  By Product Type:

  • Independent controls
  • Instrument-specific controls

  By Application:

  • Infectious Diseases Diagnostics
  • Oncology Testing and Genetic testing

  By End User:

  • Diagnostic laboratories
  • Hospitals
  • IVD manufacturer & CROs
  • Academic & Research Institutes

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • Europe
  • Middle East & Africa

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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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Report: https://www.futuremarketinsights.com/reports/molecular-quality-controls-market
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Aspiration & Biopsy Needles Market to Hit US$ 1.29 Bn by [2022-2032] | Future Market Insights

The aspiration and biopsy needles market is forecasted to be worth US$ 0.87 billion in 2021, with a CAGR of 7% forecast to hit US$ 1.83 billion by 2032.

Attributes Details
Aspiration & Biopsy Needles Market CAGR (2022 – 2032) 7%
Aspiration & Biopsy Needles Market (2026) US$ 1.29 Bn
Aspiration & Biopsy Needles Market Attraction Asia Pacific to gain momentum

Many growth-promoting factors are driving the aspiration and biopsy needles market, along with rising demand for minimally invasive surgeries, greater cancer awareness campaigns by global health organizations and governments, and rising cancer diagnoses.

Cancer screening, cancer management visits, and cancer biopsy procedures have all decreased significantly due to the COVID-19 pandemic. In addition, cancer screening operations were hampered due to the lockdowns, resulting in a reduction in demand for biopsy needles.

Since March 2020, COVID-19 has resulted in a substantial drop in imaging operations (for all modalities).

The aspiration and biopsy needles market players have an opportunity to expand their presence in the unexplored aspiration and biopsy needles market of emerging nations. For example, in the Middle East and Asia-Pacific, the senior population and cancer prevalence rapidly rise, yet biopsies are mostly administered using the standard surgical approach.

Emerging economies such as India, China, and South Korea provide market participants with high-growth potential. As a result, the Asia Pacific market is predicted to grow at the fastest CAGR during the forecast period.

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The driving factors of the aspiration and biopsy needles market are fueling the global of this regional aspiration and biopsy needles market are increased government initiatives for cancer diagnostics and screening, increased research activities, and the high incidence of cancer in significant Asia Pacific countries such as India and China.

As a result, enterprises in the area have begun merging several imaging modalities to improve the operation and lower the cost for patients. Furthermore, as individuals in this country become more informed about efficient cancer diagnostic procedures, aspiration and biopsy needles market manufacturers have the potential to expand by focusing on developing-country clients.

“India is facing an acute shortage of oncologists, radiotherapists, and surgical oncologists. With 1.8 million cancer patients in the country, there is only one oncologist to treat every 2,000 patients.”

Radiologists and surgeons use biopsy needles to examine abnormalities at a specific site. Since these treatments include cuts and incisions for obtaining tissue samples, patients may become infected. In addition, aspiration and biopsy needles are frequently reused, which raises the risk of infection during these operations. Although the reuse of biopsy needles is discouraged by healthcare authorities and product manufacturers, the practice persists, particularly in underdeveloped nations.

Key Takeaways:

  • By 2026, the global aspiration and the biopsy needle are estimated to reach US$ 1.29 billion.
  • Core needle biopsy (CNB) is the most common type of biopsy, accounting for over 47% of the total aspiration and biopsy needle market in 2019.
  • Hospitals accounted for 74.3% of the entire aspiration and biopsy needle market in 2019.
  • North America is the world’s largest consumer area, accounting for 35.2% of worldwide aspiration and biopsy needle market sales in 2019.
  • Europe is a significant consumer aspiration and biopsy needle market, accounting for 30.46% of worldwide sales.
  • Vacuum-assisted biopsy, biopsy guns, and biopsy forceps and punches will all develop at far faster rates than Fine Needle Aspiration, with CAGRs of 3.97 percent, 3.70 percent, and 1.63 percent, respectively.

Competitive Landscape

To expand their portfolio and streamline the competition, manufacturers in the aspiration and biopsy needles market have acquired other companies in recent years.

Olympus Corporation, Boston Scientific Corporation, Medtronic plc, Stryker Corporation, Becton, Dickinson and Company, Argon Medical Devices Inc., CONMED Corporation, Merit Medical Systems Inc., Sterylab s.r.l., Cook Medical LLC, and Cardinal Health Inc. are among the significant global aspiration and biopsy needles market manufacturers.

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The following are some noteworthy developments in this aspiration and biopsy needles market’s competitive landscape:

  • In September of last year, Olympus Corporation of Tokyo gained FDA certification for its EZ Shot Plus 25 G needle.
  • Olympus Corporation, based in Tokyo, introduced aspiration biopsy needles with Side Port – Reusable to the market in April 2016. (NA-2C-1)
  • In the United States, Cook Group Incorporated released the EchoTipProCore 20 Gage Needle a few years ago. It was designed for fine needle biopsy with ultrasound guidance (FNB).
  • In January 2021, Hologic, Inc. acquired SOMATEX Medical Technologies GmbH, a leader in biopsy site biomarkers, for USD 64.00 million. The acquisition funds Hologic, Inc.’s strategy to deliver a varied range of novel solutions for breast cancer treatment. Hologic, Inc. would be able to expand the breast cancer marker portfolio.

Key Segments

By Product Type:

  • Biopsy Needles
  • Aspiration Needles

By Application:

  • Tumor/Cancer Applications
  • Wound Applications
  • Other Applications

By Procedure:

  • Image-guided Procedures
  • Nonimage-guided Procedures

By End User:

  • Hospitals & Surgical Centers
  • Diagnostic Clinics & Pathology Laboratories
  • Ambulatory Care Centers
  • Research & Academic Institutes

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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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:                                        

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Report: https://www.futuremarketinsights.com/reports/aspiration-and-biopsy-needles-market
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Prostate Health Market Worth US$ 83 Bn by [2022-2032] | Future Market Insights

The prostate health market is predicted to advance vigorously. It is poised to attain a CAGR of 9% during the forecast period 2022-2032, according to the prostate health market report by Future Market Insights (FMI).

Attributes Details
Prostate Health Market CAGR (2022 – 2032) 9%
Prostate Health Market (2032) US$ 83 Bn
Prostate Health Market Attraction Awareness about the symptoms of BPH to drive growth of the prostate health market.

Grants for BPH treatment research and the fact that obesity causes several mechanisms, including increased sympathetic nervous activity, increased inflammation process, and oxidative stress, all of which are conducive to the development of BPH, are likely to accelerate prostate health market growth.

Cancer patients are at higher risk of COVID-19 infection than adults with good prostate health, according to major regulatory bodies around the world (such as the WHO, MHRA, TGA, and EMA) and screening, diagnostic exams, and surgical procedures in hospitals and cancer centres are severely limited or postponed.

As a result, caregivers and hospitals can expect delays in elective surgeries and screening procedures.

However, since the second half of 2020, the market has gradually increased due to an increase in the number of oncology appointments and rise in adoption of prostate health therapies, among other things, as a result of efforts to clear backlogs and new cases, which further shapes the prostate health market future trends.

Other factors that contribute to the demand for prostate health treatment include an increase in demand for prostate cancer treatment and management and an increase in the use of hormonal agents in non-metastatic castration-resistant (nmCRPC) and metastatic hormone nave (mHNPC) prostate cancer settings.

Moreover, the developing economies’ untapped potential presents lucrative prostate health market opportunities during the forecast period. Prolonged treatment times and low demand for prostate cancer medical treatment drugs in developing countries, on the other hand, are expected to shrink the prostate health market size.

Though both drugs and surgery can treat BPH and improve prostate health, they have significant side effects. Dizziness, orthostatic hypotension, and rhinitis are common alpha-blocker side effects. These are of particular concern in the elderly, as they can result in significant morbidities such as falls, and subsequent injuries are expected to impact the prostate cancer treatment adoption trends.

As per the prostate health market study, the market is forecasted to garner a worth of about US$ 50 Bn by 2026.

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Key Takeaways:

  • Due to significant growth in the geriatric population and a large target patient population, prostate cancer is expected to account for the largest share of the prostate health market based on disease indication.
  • Neurostimulation devices are anticipated to have the highest prostate health market share in the type market.
  • Attributing to the strong presence of hospital pharmacies around the world and the convenience offered by hospital pharmacies, the hospital pharmacies segment is projected to lead the prostate cancer treatment market.
  • The crucial factor for Asia-Pacific’s market growth can be credited to the rapidly growing patient population for benign prostatic hyperplasia in the region, particularly in Japan, China, South Korea, Hong Kong, and Taiwan.

“USFDA took steps to boost the growth of the cancer therapy market by approving drugs that are still in the clinical stage, thereby speeding up clinical trials and investments in R&D by businesses and research organizations can be credited to market growth in the United States which is a major contributor to the North American prostate health market. Moreover, favourable reimbursement policies, a strong healthcare infrastructure, and some other emerging trends in the prostate health market such as product launches have also contributed to the market’s rapid growth.” asserts an FMI analyst.

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Competitive Landscape:

AstraZeneca plc, Bristol-Myers Squibb Company, Astellas Pharma Inc., F. Hoffmann-La Roche AG, Bayer AG, erring Pharmaceuticals Inc., Ferring Pharmaceuticals Inc., Ipsen Pharma, Johnson & Johnson, Takeda Pharmaceutical Company Ltd. and GlaxoSmithKline Plc are among the key players in the prostate health market.

Within the global prostate cancer diagnostic market, there are several significant drug and equipment manufacturers, and their status as a significant players is primarily based on specific product markets.

Players have been looking for novel ways to expand their market through innovative prostate product launches.

Recent developments in the prostate health market are as follows:

  • The first commercial production of Axumin (fluciclovine) in Italy was announced by Blue Earth Diagnostics, with the first Italian patients being dosed.
  • Myovant partnered with Pfizer to commercialize Orgovyx (relugolix), a prostate cancer drug.
  • In the United States, Dr Reddy introduced generic Abiraterone Acetate Tablets USP, 250 mg, which is a therapeutic equivalent generic version of Zytiga (abiraterone acetate) for prostate cancer.

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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/prostate-health-market
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