Widefield Imaging Systems Market Worth US$ 1.3 Bn by [2021-2031] | Future Market Insights

According to a recent study by Future Market Insights (FMI), the global widefield imaging systems market is expected to register high growth during the forecast period. The market is expected to grow from US$ 556.9 Mn in 2021 to over US$ 1.3 Bn by 2031. It is expected register a CAGR of around 8.6% over the forecast period (2021-2031).

Data Points Market Insights
Widefield Imaging Systems Market Value 2020 US$ 514.6 Mn
Widefield Imaging Systems Market Value 2021 US$ 1.3 Bn
CAGR 2021-2031 8.6%
Key Players Heidelberg Engineering GmbH, Visunex Medical Systems, Inc., Carl Zeiss Meditec AG, Clarity Medical Systems, Inc. Optos plc. and Centervue SpA
Share of Top 5 Countries 60.6%

Significant rise in cases of diabetic retinopathy is expected to propel the growth of the global widefield imaging systems market during the forecast period.  Widefield retinal imaging includes imaging of peripheral retina that is the main site of various ocular diseases.

Widefield imaging aids in diagnosis of peripheral retina diseases. Occurrence of eye diseases like vision impairment is rising among teenagers. Increasing usage of mobile phones and computers results into digital eye strain, and is mainly responsible for visual impairment among teenagers.

As per the Centers for Disease Control and Prevention, in 2020, approximately 6.8% of children below 18 years have been detected with vision and eye condition in the United States.

Increasing technological awareness and high focus on healthcare innovations are some of the factors encouraging the adoption of these instruments. Additionally, certain companies, as a part of their product strategies, are launching technologically advanced equipment, to consolidate larger market share.

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Government funding towards expansion of healthcare infrastructure will support growth in developing countries. Moreover, corporate contracts based on rent-to-own model is a feasible option in emerging economies such as India and Brazil which could create significant opportunities for manufacturers of widefield imaging systems to capitalize on.

Key Takeaways From Widefield Imaging Systems Market Study

  • Widefield imaging instruments will account for 80% sales in the global market in 2021 of.
  • Diabetic retinopathy is the most rapidly growing segment by indication, accounting for nearly 1/3rd of the market share.
  • Standalone type of modality will remain highly preferred, contributing 56.4% towards overall sales in the market in 2021.
  • Demand in hospitals accounted for 40.2% of widefield imaging systems sales in 2020.
  • North America will remain the dominant widefield imaging systems market globally, exhibiting a CAGR of nearly 8.6% between 2021 and 2031.

Who Is Winning?

The key market players covered by FMI include Heidelberg Engineering GmbH, Visunex Medical Systems, Inc., Carl Zeiss Meditec AG, Clarity Medical Systems, Inc. Optos plc, and Centervue SpA.

The leading manufacturers of widefield imaging systems are focusing on new product development and launch of advanced versions of existing devices. Their aim is primarily to expand their portfolio to gain competitive edge. For instance:

  • In March 2020, Heidelberg Engineering announced the reintroduction of its HRT3 Rostock Cornea Module (RCM) to offer in vivo corneal confocal microscopy in its anterior segment product portfolio, supporting cornea specialists worldwide to further improve patient care.
  • In August 2020, ZEISS announces new software for the IOLMaster® 700, with enhanced features and connectivity designed to improve the cataract surgeons’ workflow efficiency and support better outcomes for surgeons and patients.

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Widefield Imaging Systems Market By Category

By Component:

  • Instrument
  • Software
  • Image Viewing Software
  • Data Analysis and Interpretation Software

By Indication:

  • Diabetic Retinopathy
  • Retinopathy of Prematurity
  • Pediatric Retinal Diseases
  • Retinal Vein Occlusion
  • Ocular Oncology
  • Uveitis
  • Chorioretinal Disease
  • Glaucoma
  • Others

By Modality:

  • Standalone
  • Portable

By End User:

  • Specialty Clinics
  • Hospitals
  • Ambulatory Surgical Centers

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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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Microfluidics Market Is Expected to reach $11.39 billion by [2022-2032]

According to a recent study by Future Market Insights (FMI), the global microfluidics market is expected to witness high growth during the forecast period. The market is expected to grow from US$ 5.9 Bn in 2021 to over US$ 17.8 Bn by 2031. This reflects a cumulative CAGR of around 11.1% over the forecast period (2022-2031).

The flow of liquids through various microscopic channels or mediums such as nozzles, pumps or chips is based on a technology known as microfluidics. The products based on such technology can control and direct the fluids at the lowest dimensions which could range from ten to hundreds of micrometers.

Microfluidics helps facilitate many assays concurrently. Thus, increasing the throughput where a good level of spatiotemporal control is possible. This reduces the consumption and cost of precious fluids, chemical and biological assays. Numerous applications utilizes microfluidics based technology such as clinical diagnostics, analytical testing, point-of-care testing and drug delivery. Genomics, proteomics and cell-based analysis uses microfluidics technology-based instruments and chips during analytical testing.

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List of Key Players Covered in Microfluidics Market are:

  • Thermo Fisher Scientific Inc
  • F. Hoffmann-La Roche Ltd
  • Abbott Laboratories
  • Bio-Rad Laboratories Inc.
  • Qiagen NV
  • SCHOTT AG
  • thinXXS Microtechnology

Microfluidics systems provides features such as ease of automation, reduction in the overall consumption of sample and reagents while reducing the analysis time. Thus, it can be considered as an attractive solution for various assays like chemical and biological assay. The system also allows to conduct assays parallel, thus decreasing the cost of the assays and time.

Microfluidics in 3D cell culture has recently enabled the development of microenvironments that facilitate differentiation of tissues and can also replicate the interface between 2 tissues. It can further facilitate spatiotemporal chemical gradients, as well as mechanical micro – environment of living organs. There is an ever-increasing demand for microfluidic lab-on-chip technology in the biomedical, pharmaceutical industries as well in anti-terrorism, environmental, food and military applications. To further add to this, the development of consumers, environmental and security markets, the speed, portability, availability and low costs of miniaturized biosensors have huge commercial potential.

Strategic collaborations among key players drive the microfluidics market to develop novel microfluidic platforms for drug discovery, portable diagnostic devices and others. The collaboration space is dominated by the players who have a strong product portfolio and patented technologies dedicated to clinical research and in-vitro diagnostics applications along with the local GMP certified manufacturing facilities.

In order to overcome difficulties associated with the fabrication included into the microfluidics devices, many companies are substituting the mixers in these devices with the bubbles at large. This can be the opportunity to improve the efficiency of the microfluidics devices creating a huge opportunity in the market.

Key Takeaways from Microfluidics Study

  • The ceramics segment is anticipated to hold the maximum share of 39.9% in 2022, expanding at 13.0% CAGR during the forecast period. Ceramics’ superior chemical resistivity, flexibility, and strength make them ideal for producing microfluidics devices, as seen by their significant market share.
  • The point of care testing segment is projected to account for 32.6% of the total market share in 2022 by application. In the fields of genomics and proteomics, point-of-care testing devices offer a lot of potential. These devices, for example, aid in the identification of the DNA of bacteria that cause various diseases and are also employed in protein analysis.
  • In-vitro diagnostics and life science research together hold over 53% of the market in 2022 and this trend is expected to continue during the forecast period as well. The growing number of experiment carried out in life science research using microfluidics is rising. This is propelling the sector forward. Aside from that, with increasing diseases, is increasing the in-vitro diagnostics demand.
  • North America is expected to account for about 25.4% of the global microfluidics market. The high frequency and growth in incidence of various diseases, and government funding for the research and clinical testing by various institutions in the North America will assist market expansion.

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Who is winning?

The key market players covered by FMI include Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd, Abbott Laboratories, Bio-Rad Laboratories, Inc., Qiagen NV, SCHOTT AG and thinXXS Microtechnology.

Some of the leading manufacturers of the microfluidics market are focusing on the development of advanced and cost-effective products and undertaking acquisitions to increase global presence.

  • In October 2021, Thermo Fisher Scientific Charts Digital PCR expansion after Combinati acquisition.
  • In November 2019, MicroMedicine, Inc., launched the Sorterra Cell Isolation System, an automated, microfluidics-based cell isolation technology at the Society for Immunotherapy of Cancer (SITC) Meeting.

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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 sub-segments from 2016 to 2031. The global microfluidics 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 microfluidics market segment based on material (polymer {polyvinyl chloride (PVC) non-polyvinyl chloride}, glass, silicon, metal and ceramics), application (point of care testing, clinical diagnostics, drug delivery and analytical testing {genomics, proteomics, cell based analysis and others}), and industry (pharmaceuticals, in-vitro diagnostics, environmental research, life science research, clinical diagnostics) across seven major regions.

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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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Oxytocic Pharmaceuticals Market Size to be worth US$ 207.80 Mn by [2021-2031]

Future Market Insights’ published report on the global oxytocic pharmaceuticals market estimates that the market, which is presently valued at US$ 62.2 million, will expand at an impressive 7.74% CAGR to reach US$ 207.80 million value by 2031-end. In the report, titled “Oxytocic Pharmaceuticals Market: Global Industry Analysis & Opportunity Assessment, 2021-2031,”

Future Market Insights projects that the global market for oxytocic pharmaceuticals will remain highly fragmented due to higher prevalence of local players as opposed to multinationals and conglomerates. Nevertheless, global pharmaceutical industry leaders such as Pfizer Inc., Novartis AG, Baxter Healthcare Corporation, and Teva Pharmaceutical Industries Ltd. are also partaking in the global oxytocic pharmaceuticals market. Other leading manufacturers of oxytocic pharmaceuticals include Biofutura Pharma SpA, Ferring BV, and Fresenius Kabi AG.

Though synthetic oxytocin is chemically equivalent to naturally-occurring oxytocin, their pharmaceutical functions for aiding women in labour are quite distinctive. Medical professionals from around the world will continue to recommend synthetic-based oxytocic pharmaceuticals over natural since oxytocic pharmaceuticals originating from synthetic sources can boost the momentum of decelerated labour by IV administration.

 More than 90% of the global market revenues for oxytocic pharmaceuticals will be harvested from the sales of oxytocic pharmaceuticals originating from synthetic sources. By the end of 2031, an estimated US$ 207.80 million revenues will be emanated from the global sales of synthetic oxytocic pharmaceuticals.

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Global Oxytocic Pharmaceuticals Market: Regional Analysis

The need for oxytocic pharmaceuticals in the world will always remain contingent to the rise in pregnancy incidences and birth rate. Various parts of the world exhibit diverse birth rate, which incidentally drives the growth of their oxytocic pharmaceuticals market, accordingly. In North America, oxytocic pharmaceuticals are majorly used for postpartum haemorrhage, which is one of the most-prominent indication among labouring women in the US and Canada.

However, China is expected to remain the largest market for oxytocic pharmaceuticals in the world. Considering the country’s exploding birth rate, China’s oxytocic pharmaceuticals market will be valued over US$ 55 million by 2031-end, expanding at 9.8% CAGR. In 2016, Japan’s oxytocic pharmaceuticals revenues amounted to an estimated US$ 1.7 million, while the oxytocic pharmaceuticals market in Asia-Pacific excluding Japan & China (APEJC) region has been estimated to account for nearly 20% of global revenues.

Global Oxytocic Pharmaceuticals Market: Research Highlights

  • Licensing agreements for development of newer oxytocic pharmaceuticals is rampantly boosting the global market revenues, profiting local players as well as industry leaders.
  • Surging prevalence of labour induction procedures for child births will continue promoting the use of oxytocic pharmaceuticals throughout the forecast period.
  • The global oxytocic pharmaceuticals revenues, however, are projected to witness an inhibited growth on the account of rising preference to alternative drugs such as magnesium sulphate and misoprostol.
  • India’s contribution to the APEJC oxytocic pharmaceuticals market is predicted to reach nearly 60% by the end of 2031.
  • More than 22,000 thousand units of oxytocic pharmaceuticals will be sold globally for treating labour arrest over the forecast period.
  • Hospitals will remain the largest end-user of oxytocic pharmaceuticals in the world, revenues from which will expand beyond 12% CAGR.
  • A majority of medical professionals in the world will recommend intravenous administration of oxytocic pharmaceuticals, accounting for more than two-third of global market revenues by the end of 2031.

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The Report Segments the Market into Five Sections:

By Indication

  • Abortion Induced Incomplete
  • Inevitable Abortion
  • Post-partum Haemorrhage
  • Labour Induction
  • Labour Arrest

By Route of administration

  • Intravenous Infusion/Injection
  • Intramuscular Injection

By Source of Origin

  • Natural Oxytocin
  • Synthetic Oxytocin Derivative

By End-User

  • Hospitals
  • Maternity clinics

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan and China (APEJC)
  • Japan
  • China
  • Middle East & Africa (MEA)

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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/oxytocic-pharmaceuticals-market
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Western Blotting Market worth US$ 950 Mn by [2022-2032] at a CAGR of 6.28%

According to Future Market Insights (FMI), the global western blotting market is expected to expand at close to 6.0% CAGR during the forecast period of 2021 to 2031.

Western blotting, being the gold standard and confirmatory test for HIV diagnosis, is gaining traction around the world.

As the increase in applications in diverse fields such as agriculture, diagnostics, life science research, to name a few, tends to persist, manufacturers operating in this industry are getting more inclined to bring in wider variety of products.

The updated edition of Future Market Insights’ study tracks growth in over 20+ markets, covering the regulatory framework as well as strategies of leading players.

Rise in prevalence of AIDS coupled with the increase in research & development (R&D) activities in proteomics field continues to drive adoption of western blotting industry.

According to the report titled “Global HIV & AIDS Statistics- 2020 Fact Sheet” published by the UNAIDS Organization, 38 million people globally were living with HIV in 2019, while 75.7 million people have become infected with HIV since the start of the epidemic (end 2019).

These data represent the unlimited opportunities awaiting for suppliers and manufacturers in western blotting industry.

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Key Takeaways from Study

  • Electrophoresis blotting systems remain the preferred product type
  • Surge in demand from pharmaceutical and biotechnology sectors to fuel sales of western blotting products
  • Growing application in scientific research to favor stakeholders in western blotting industry
  • US will remain the most lucrative market for western blotting globally
  • Germany to maintain the lead in the world’s second largest western blotting market Europe
  • Asia-Pacific to witness the fastest growth rate, while being led by China, India, and Japan
  • The United Kingdom, France, Canada, Italy, and a few other countries remain lucrative for western blotting product manufactures

Rise in Awareness Regarding Early Diagnosis of HIV Aiding Growth

Western blotting is highly efficient in separating the blood proteins and detecting the specific proteins called HIV antibodies in diagnosis of HIV or AIDS.

According to a report published by the HIV Government on 25th November, 2020, about 81% of people with HIV worldwide have been tested and know their HIV status.

As per the report, an estimated 1.7 million individuals worldwide acquired HIV in 2019, marking a 23% decline in new HIV infections since 2010.

While these figures represent the growing awareness, it also indicates the increase in requirement for western blotting products since the past decade.

As stated in the global statistics report published by the HIV Government, AIDS-related deaths have been reduced by 60% since the peak in 2014, while in 2019, around 690,000 people died from AIDS-related illness worldwide, compared to 1.1 million in 2010.

As per the report, the global commitment to stop new HIV infections and ensuring that everyone has access to HIV diagnosis & treatment is bound to yield positive results.

This also implies the surge in demand for western blotting products in the coming years.

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Who is Winning in this Space?

The global western blotting market offers remains fiercely competitive. In order to consolidate their position, key market players are launching wide variety of western blotting solutions.

For instance,

  • Thermo Fisher Scientific, Inc. launched its new range of western blotting products such as Thermo Fisher Electrophoresis Buffers and Reagents, Cell Lysis Buffers, Fluorescent Detection Solutions, and others a couple of years back
  • GE Healthcare launched its range of New Amersham WB System for Reproducible and Quantitative Protein Analysis, and other Western Blotting Solutions during 2014 to 2020

More Valuable Insights

In its latest report, FMI offers unbiased analysis of the global western blotting market, providing historical data for the period of 2016-2020 and forecast statistics for 2021-2031.

In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (electrophoresis blotting systems (automated dry blotting systems, semi-dry blotting systems, and traditional wet transfer blotting systems), and reagent kits (chromogenic reagent kits, chemiluminescent reagents kits (Horseradish Peroxidase (HRP) substrate, and Alkaline Phosphatase (AP) substrate), fluorescent reagents, antibodies (primary antibody, and secondary antibody), and buffer kits)), application (scientific research, medical diagnostics, agriculture, food & beverages, and others), and end use (diagnostic laboratories, research institutions, pharmaceutical & biotechnology companies), across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

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Western Blotting Market Segmentation by Category

Product Type

  • Electrophoresis Blotting Systems
    • Automated Dry Blotting Systems
    • Semi-Dry Blotting Systems
    • Traditional Wet Transfer Blotting Systems
  • Reagent Kits
    • Chromogenic Reagent Kits
    • Chemiluminescent Reagent Kits
      • Horseradish Peroxidase (HRP) Substrate
      • Alkaline Phosphatase (AP) Substrate
    • Fluorescent Reagents
    • Antibodies
      • Primary Antibody
      • Secondary Antibody
    • Buffer Kits

Application

  • Research
  • Diagnostics
  • Agricultural
  • Food & Beverages
  • Other Applications

End User

  • Diagnostic Laboratories
  • Research Institutions
  • Pharmaceutical & Biotechnology Companies

Region

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

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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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Gamma Knife Market will reach a value of US$ 507.0 Mn by [2021-2031] at a CAGR of 5.90%

This Future Market Insights report examines the ‘Global Gamma Knife’ market for the period 2012-2025. The primary objective of the report is to offer updates on the advancement of Gamma Knife, examining the marketing efforts and business strategies undertaken by the manufacturing companies which is significantly transforming the Stereotactic Radiosurgery market. This study analyses, estimates and forecasts the global Gamma Knife market from the demand as well as supply perspective, in terms of revenue (US$ Mn) during the forecast period 2021 to 2031. The report also highlights the impact of various drivers and restraints in various regions along with their impact during the forecast period.

The report starts with an overview of Gamma Knifein treatment in various indications such as Brain Metastasis, Cancer, Arteriovenous Malformation (AVM), Trigeminal Neuralgia and Others. For example, Cobalt-60 radioactive isotope is increasingly being used for the treatment of brain tumours and cancers in order to increase life expectancy. Moreover, market expansion and innovation in techniques as well as development of novel applications in Stereotactic Radiosurgery are further driving Gamma Knife market growth. Due to these reasons, Gamma Knife market is expected to have a significant demand in the near future.

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There are five major types of Gamma Knife indications which have been covered in this report: Brain Metastasis, Cancer, Arteriovenous Malformation (AVM), Trigeminal Neuralgia and Others. Brain Metastasis treatment contribute around 68.5% share of the global Gamma Knife value in 2014, Brain Metastasis is anticipated to witness a CAGR of 9.2% during the forecast period.

Considering the type of body part treated with Gamma Knife, the global Gamma Knife market is segmented into: Head, Neck and Other body parts. Among the aforementioned segments, Head treatment with Gamma Knife is expected to dominate the global market with over 88.1% market value share throughout the forecast period. The global head treatment with Gamma Knife accounted for US$ 287.3 Mn in 2021, and is anticipated to reach a value of US$ 507.0 Mn by 2031, growing at a CAGR of 5.90% during the forecast period. Moreover, the scope of Gamma Knife treatment in other indications is expected to expand in the future too, due to market expansion and innovation in techniques. This section analysis each indications in terms of market revenue.

On the bases of region, North America dominated the global Gamma Knife market in 2014, in terms of revenue, accounting for more than 29.2% of the revenue share in 2014. However, Europe and Asia Pacific are foreseen to witness relatively high CAGRs of 7.7% and 10.5% respectively. The report provides market revenue for each geographical region.

The global Gamma Knife market in terms of indications, anatomy and region are analysed in terms of Basis Point Share to understand individual segments relative contributions to market growth. This detailed level of information is important for the identification of various key trends of the global Gamma knife market.

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All the above sections, by indications, by type of organs treated and by geography evaluate the present scenario and the growth prospects of the global Gamma Knife market for the period 2021 to 2031. Given the characteristics of the market, we triangulated the outcome of three different types of analyses, based on supply side, healthcare spending and economic envelope. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the global Gamma Knife market.

Furthermore, to understand key growth segments in terms of growth & adoption of global Gamma Knife market, Future Market Insights developed the global Market Attractiveness Index on the bases of indications, by type of organs treated and geography. The resulting index should help providers identify real market opportunities.

In the final section of the report, the global Gamma Knife competitive landscape is included to provide report audiences with a dashboard view, based on various segments, presence in global Gamma Knife market and key differentiators. This section is primarily designed to provide clients with an objective & detailed comparative assessment of key providers specific to a market segment in the global Gamma Knife value chain. Detailed profiles of the manufactures are also included in the scope of the report to evaluate their operations, expansions, products and sales channel strategies along with the SWOT analysis for each manufacture. Key competitors included are Elekta AB, Varian Medical Systems, Inc. and Huiheng Medical, Inc.

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Gamma Knife Market – Key Segment

By Disease Indication:

  • Brain Metastasis
  • Cancer
  • Arteriovenous Malformation (AVM)
  • Trigeminal Neuralgia
  • Others

By Anatomy:

  • Head
  • Neck
  • Other Body Parts

By Geography:

  • North America
  • Europe
  • APAC
  • Latin America
  • Middle East and Africa

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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Report: https://www.futuremarketinsights.com/reports/gamma-knife-market
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Proteinase K Market Size to Reach US$ 159.22 million by [2022-2032] | CAGR of 6.5%

Proteinase K is a million dollar market accounting for a small portion in reagents and enzymes. Proteinase K is mainly used in contract research organisations, biotechnology companies, academic institutes, and diagnostics laboratories. In terms of revenue, the global Proteinase K market is expected to reach US$ 33.4 Mn by the end of 2026, witnessing a CAGR of 6.1%.

Data Points Market Insights
Market Value 2021 US$ 24.4 Mn
Market Value 2022 US$ 25.9 Mn
Market Value 2032 US$ 48.5 Mn
CAGR 2022-2032 6.5%
Market Share of Top 5 Countries 56%
Key Market Players Thermo Fisher Scientific Inc., Merck KGaA, Qiagen N.V., F. Hoffmann-La Roche Ltd., New England Biolabs, Worthington Biochemical Corporation, Norgen Biotek Corp.,

BIORON GmbH, Sds Manager, Sisco Research Laboratories Pvt. Ltd.,

Bioline (Meridian Biosciences Inc.), Promega Corporation, Codexis, Inc., Amano Enzyme Inc., Advanced Enzymes Technologies Ltd., Biocatalysts Ltd., Amicogen, Dyadic International, BBI Solutions, American Laboratories.

A plethora of factors are expected to impact the growth of the global Proteinase K market. A significant rise in research and development activities, lesser production costs, broader application of Proteinase K and good product stability and specificity of Proteinase K will give a massive push to the revenue growth of the global Proteinase K market by the end of the forecast period. A steady rise of chronic diseases and better government backed investment channels to fund advanced research and development are expected to boost the expansion of the global Proteinase K market over the period of assessment. An increasing number of research activities, soaring expenditure on personal healthcare and increasing adoption of gene therapy has been significantly high in the U.S. market in the recent years, making North America the most lucrative regional market for Proteinase K.

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Global Proteinase K Market: Segmental Forecast

  • By form, the lyophilized powder form segment is anticipated to account for higher revenue share in the global Proteinase K as compared to the liquid form segment. Lyophilized powder from segment is expected to reach a market value of US$ 19.2 Mn by 2026, reflecting a CAGR of 6.3% over the forecast period. The growth in lyophilized powder form can be attributed to the increasing advantages of powder form over liquid form in case of storage and preservation of samples.
  • By application, purification of DNA & RNA segment will account for the highest revenue share in the global Proteinase K market as compared to other applications of Proteinase K. Purification of DNA & RNA segment is expected to reach a value of US$ 19.2 Mn by 2026, reflecting a CAGR of 6.5% over the forecast period.
  • By end user, the biotechnology companies segment is expected to project higher demand for Proteinase K as compared to other end user segments such as academic institutes and diagnostics laboratories. The strong growth in biotechnology companies can be attributed to an increasing use of Proteinase K in research and development and new drug discovery. The cost effectiveness of Proteinase K over other reagents is the key factor responsible for its increasing use in biotechnology companies. The biotechnology companies segment is expected to register the highest CAGR of 6.7% over the forecast period.

Global Proteinase K Market: Regional Market Projections

Demand for research in academics and funding facilities provided by the U.S government to support gene therapy and other activities for drug development is anticipated to boost the North America Proteinase K market. Followed by North America, Western Europe and APEJ are the most lucrative regions in the global Proteinase K market and are anticipated to grow by 5.7% and 6.1% respectively over the forecast period. Increasing demand for drug development, rising hereditary diseases due to changing lifestyles and growing disposable income are some of the factors expected to contribute to the growth of the global Proteinase K market.

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Global Proteinase K Market: Vendor Insights

Top companies profiled in the global Proteinase K market report include Thermo Fisher Scientific Inc., Merck KGaA, Qiagen N.V., Worthington Biochemical Corporation, Sisco Research Laboratories Pvt. Ltd, Promega Corporation, Bioline and F. Hoffmann-La Roche AG among others. Leading market players are adopting different strategies such as product launches and acquisitions to maintain their market share. For instance, in November 2015, Merck KGaA acquired Sigma-Aldrich to strengthen and expand its consumable and reagent portfolio.

Market Segmentation Form

  • Lyophilized Powder Form
  • Liquid Form

Application

  • Isolation and purification of genomic DNA & RNA
  • In Situ Hybridization
  • Mitochondria isolation
  • Enzyme Removal

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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GCC Medical Gloves Market to be worth USD 340.3 Mn by [2021-2031] | CAGR of 7.9%

According to a recent study by Future Market Insights (FMI), the GCC medical gloves market is reached US$ 145 Mn in 2022.

Data Points Market Insights
GCC Medical Gloves Market Value 2021 USD 159.5 Mn
GCC Medical Gloves Market Value 2031 USD 340.3 Mn
CAGR 2021-2031 7.9%

With sales growing at a healthy 7.9% CAGR, the market valuation is set to reach US$ 340.3 Mn by 2031.

Modernization of lifestyles in GCC countries has resulted into a rise in elective surgeries which are not crucial for an individual to survive but have more of an optional nature.

Elective surgeries like plastic surgery, liposuction, rhinoplasty, breast augmentation, breast reduction, blepharoplasty, etc. have been getting increasingly popular in countries like Dubai and other Gulf countries.

These surgeries ultimately require a supply of necessary medical supplies including medical gloves, thereby increasing their demand.

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When performing any type of surgeries, chances of glove punctures while using single set of gloves are high.

Therefore, professionals use double set of gloves to avoid the possibility of contamination of sterile surgical equipment.

These “double gloving” practices are expected to continue boosting sales over the assessment period.

Key Takeaways:

  • By raw material, the latex material segment is expected to hold 80.2% of the total market share in 2021, expanding at 7.9% CAGR during the forecast period.
  • Based on product type, the examination gloves segment is projected to command 55.6% of total sales in 2021, expanding at 8.1% CAGR.
  • By form, the powdered form segment is expected to hold 63.7% of the total market share in 2021, expanding at 8.0% CAGR.
  • By type of use, sales of disposable gloves are anticipated to hold 90.5% of the total market share 2021, and are to projected to increase at a robust 8.0% CAGR over the forecast period.
  • By end use, hospitals will account for 67.2% of total sales in 2021.
  • By distribution channel, the direct selling channel will account for 55.1% of the total market share in 2021.
  • Kingdom of Saudi Arabia (KSA) is anticipated to hold the largest share of 76.2% of the GCC medical gloves market in 2021.

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Who is winning?

Leading players operating in the market are investing in mergers, acquisitions and collaborations with existing players and healthcare institutes to gain a competitive edge. For instance:

In August 2020, Ansell Healthcare Products LLC collaborated with Nordic company ONeMEd with an aim to expand their customer base in the Nordic countries. Ansell is one of the global leaders in hand protection equipment.

The key market players covered by FMI include Paul Hartmann AG,Hotpack Packaging Industries LLC,Falcon (Falcon Pack),Deeko Bahrain,Salalah Medical Supplies Mfg. Co. LLC,United Medical Industries,NAFA Enterprises Ltd.,Liberty Industries, Inc.,Ansell Healthcare,Mckesson Corporation,Cardinal Health, Inc.,Medline Indsutries, Inc.,Dynarex Corporation,Top Glove Corporation Berhad,Kimberly-Clark Corporation,Semperit AG Holding

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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Suite 401, Newark, Delaware – 19713, USA
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Report: https://www.futuremarketinsights.com/reports/gcc-medical-gloves-market
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Polycide Market – Key Players are Adopting Different Growth Strategies to Maintain Their Global Dominance

According to latest research, the polycide market is projected to expand between 4.0% and 6.0% CAGR during the 2021-2031 assessment period. The growth of the market can be attributed due to the steady increase in demand from pharmaceutical sector across the globe.

It has various application in pharma as well as food industry. Increase in the usage of disinfectant cleaner in food industry is going to boost the demand of polycide across the globe. The growing demand for improved properties and quality is expected to provide growth opportunities for the products market.

Who are the Key Manufacturers and Suppliers of Polycide?

Some of the leading manufacturers and suppliers include

  • Shanghai hipoly Bio tech co ltd (China)
  • Dynachem specialty chemical solutions (South Africa)
  • Purestreak chemicals (China)
  • Langfang  BLD trade and co(China)
  • shanghai jiangqing international co.ltd (China)
  • Weifang Maochen Chemical Co.
  • Ltd(China)
  • Valtris specialty chemicals(USA).

Key players are investing an enormous amount in research and development to introduce new products and they are also investing to manufacture products in a sustainable way, to decarbonize their supply chains. Key players are also focusing on acquisitions of small and medium size players and collaborations with other market participants either for the R&D or to manufacture the product at a large scale.

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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.


What is Driving Demand for Polycide Market?

Major factors driving the market are the growing demand from the food and beverage industries as this compound is a green, clear liquid dual acting disinfectant cleaner. It is used to clean and disinfect hard surfaces and other surfaces. This multipurpose disinfectant is odorless and is safe to use on food contact surfaces.

High economic growth and increase in population are expected to drive this food and beverage industries, thereby propelling the demand for polycide in cleaning and disinfectant applications.

It also has biocidal property which is very useful in preventing the undesired growth of fungi, algae, and bacteria in various process industries such as baking, breweries, food processing distilleries, confectionery and distilleries. It is also used in the preservation of industrial products, such as paper, textile, leather and paint.

Thus rise in the demand of industries is going to increase the demand of polycide. Growth in demand for water treatment and general sanitation in industries is a major factor estimated to drive the market in the near future.

Pharmaceutical industry is becoming a key segment for the Consumption of Polycide Market

Increasing demand from the pharmaceutical industries is one of the major factors driving the world’s polycide market. As this compound when converted to liquid form acts as a medicine  that  is used for common preservatives in eardrops, nasal drops , eye drops, antiseptic, mouth ulcers, gum irritation, abrasions and for the preservation of pharmaceutical products and other condition.

The demand of advanced pharmaceutical products has been increasing rapidly around the globe, which in turn has led to increased consumption of pharmaceutical ingredients and raw material. Thus this pharmaceutical industry is acting as one of the key usage industry for the product.


Asia Pacific Polycide Market outlook

APAC is estimated to be the largest market for polycide in forecasted period. The market for this region is segmented into China, India, Japan, Malaysia, Indonesia, and the Rest of APAC. According to the World Bank, APAC is the fastest-growing region in terms of both population and economy.

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The region has witnessed significant growth in the past decade, accounting for over one-third of the world’s GDP. High economic growth, coupled with the increasing population, is expected to drive the region’s industrial sector.

China, Japan and India are leading the market demand in the Asia Pacific with the increasing growth of the regional pharmaceutical industry as it acts as a preservative for pharmaceutical products. After the COVID -19 pandemic, the demand for the products made for hygiene and disinfection is increasing rapidly in which this compound plays a very important role.

The region is expected to continue to remain the fastest growing market globally, attributing to the accelerating emergence of local stakeholders in the pharmaceutical industries.

North America Demand Outlook for Polycide Market outlook

North America is also expected to witness significant market growth of this compound on account of rising production in food and beverage industries over the forecast period.

Also, North America is the largest pharmaceutical market in the world, driven by the U.S., and the demand of this product will hence witness significant growth in the region on account of this factor. Stringent regulations pertaining to food packaging and production are projected to further stimulate demand.


Key Segments

By Product Form:

  • Liquid
  • Solid

By Application:

  • Pharmaceutical
  • Food and Beverages
  • Domestic Cleaning
  • Industrial & Institutional Cleaning
  • Others

By Region:

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

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/polycide-market
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Plaster Accelerator Market 2022 – Future Plans and Industry Growth with Quantitative and Qualitative Analysis

According to latest research conducted on plaster accelerator market, it is expected to register a CAGR of over 6-7% during the forecast period 2021-2031. Major factors driving the market are increasing demand from residential & commercial construction, and infrastructure segment.

However, high product cost and unfavourable conditions arising due to the COVID-19 outbreak are the major factors hindering the growth of the market in the terms of production.

Who are the Key Manufacturers and Suppliers of Plaster Accelerator?

The plaster accelerator market is diverse. Some of the key companies in the market include

  • Qingdao Yuyin Chemicals Co Ltd
  • Kalyan Industries
  • Vijaya Building materials
  • Calder Industrial Materials Ltd
  • Manningham Concrete
  • USG corporation
  • Shanghai Landytop Gypsum Machinery Co ltd
  • Egger
  • Eazymix
  • Gyprock
  • CEMEX group and Fibrehand plaster suppliers Ltd.

These are some key manufactures which contributes the major part to the market and drives the demand in market.

What is Driving Demand for Plaster Accelerator?

Plaster accelerators find significant end use in construction sector. These are specialty construction chemicals which are mixed with plaster powder. These accelerators help in quick setting or hardening of plaster. Rapid growing construction industry requires such chemicals. One of the major benefits of using these chemicals its saves time which can be utilised in other activities and speed up the setting time of plaster.

Time saving and cost saving chemicals are in demand as it adds extra benefits to segment. Population, economy, infrastructure are the major driving factors for this market. The non-residential sectors include airports, railway stations etc which requires strong and quick solutions like these accelerators.

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Demand & Role of Plaster Accelerator

Plaster accelerators are special chemicals which can be added to any plasters to speed up the setting time. In the majority cases fast hardening of plasters is required and for that purpose these chemicals are used.

There are certain scenarios – like high-speed production line castings, slush moulding applications and very small minute-piece castings. It is a granular chemical which can be mixed with the gauging water before adding to plaster powder. It is a special chemical additive which is being used with finishing plaster.

The special additive speeds up the curing process of the plaster. These helps in speeding up the chemical crystal formation that causes plaster to set or harden in short time of period rather than the normal setting period. Therefore, it is recommended for shortening the setting time of finishing plaster. The market is growing as this is extensively used in construction industry and given the growth in urban construction, its demand is set to prosper in the upcoming decade.

Asia Pacific Demand Market Outlook for Plaster Accelerator

The growth of the economies across the APAC region has increased the demand for residential as well as construction sector which has propelled the demand for plaster accelerator. The widespread use of accelerator as a chemical in the construction process stimulated the growth of the market.

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India, China and other countries are focusing on superior infrastructure and construction segment as it attracts the foreign investments which will eventually end up in growth of the overall sector and will open the new opportunities for this market. Asia dominates the market as there is increasing demand for construction of residences, offices airports, roads and other infrastructure. India, China, ASEAN nations are the major countries of APAC region owing to the growing infrastructure needs in the region.

Europe Demand Outlook for Plaster Accelerator

Increasing demand from construction and infrastructure activities in Europe is expected to drive demand for plaster accelerators and building plaster. There is a significant increase has been observed in the repair and maintenance of residential building in the Europe which is expected to drive demand for accelerators.

Infrastructure is something which comes up with new concepts and plays a major role in tourism which eventually contributes to the growth of any nation. Thus, boom in construction and infrastructure will increase the demand of accelerators.

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.

Key Segments

By Application:

  • Gypsum Plaster
  • Not Gypsum Plaster

By Application:

  • Residential
  • Commercial
  • Industrial
  • Infrastrcuture

By Region:

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

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/plaster-accelerator-market
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Tin Fluoborate Market- New Technological Development Projecting Massive Growth till 2031

According to latest research, the demand for Tin Fluoborate market is anticipated to grow with a compelling growth rate of about 3.3% to 5.0% in between the coming assessment period of 2021-2031. The growing product demand in the automobile sector and kitchen ware are the driver for market of stannous Fluoborate.

Its molecular formula is Sn (BF4) 2.  Sn (BF4) 2 is a chemical that is used in electroplating, metal cleaning, and the production of diazo salts.

Who are the Key Manufacturers and Suppliers of Tin Fluoborate?

Some of the leading manufacturers and suppliers of Tin Fluoborate include

  • Harshil Industries
  • Mubychem Group
  • Kuntz Electroplating Inc.
  • Sharretts Plating Company, Inc.
  • Crest Chemicals (U.S.)
  • Lincoln Chemical Corporation (U.S.)

What is Driving Demand for Tin Fluoborate?

Tin Fluoborate is most commonly used as an electrolyte in electroplating for tin and also used for Lead-Tin plating with Lead Fluoroborate in PCB/Thin wall bearing. The global Tin Fluoborate market is seeing a surge in the use of electroplating in industries such as automobiles, aircraft, electronics, recreation, and agriculture.

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Metal cleaning solutions are utilized in both industrial and domestic applications. The growing usage of metals in equipment and heavy machinery across several end-use sectors such as automotive, aerospace, metallurgy, chemicals, oil & gas, pharmaceuticals, and food & beverage is driving the Metal Cleaning Chemicals Market.

Electroplating to Remain a key Segment for the Consumption of Tin Fluoborate

The market of tin fluoborate is expanding due to increased demand from various end-use industries. The electrical and electronics industry is predicted to have a significant part of the global market, since electroplating is one of the most significant processes for the manufacture of electronic components to improve electrical conductivity, corrosion resistance, and other properties.

Europe and North America Market Outlook

The market of North America is expected to expand at a steady rate over the forecast period, which can contribute to the increase in market demand for tin fluoborate. A positive outlook for automobile and mobiles will uplift the market for this region in the forecasted period.

In the North American electroplating market, the U.S. held the greatest share. Some of the key drivers supporting the expansion of the electroplating market in North America include the growing consumer electronics manufacturing sector.

Asia Pacific Demand Outlook for Tin Fluoborate

Asia-Pacific region is set to lead the Fluoborate market share during the forecast period of 2021 to 2031. The Metal Cleaning Chemicals Market was dominated by Asia-Pacific and is likely to remain the largest regional market during the forecast period.

The product market is being boosted by rising demand from end-use sectors such as automotive, electrical and electronics, chemicals, healthcare, oil and gas, and home care.

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Key Segments

By Application:

  • Electroplating
  • Metal Cleaning
  • Diazo Salts
  • Others

By End Use:

  • Automotive
  • Consumer Electronics
  • Jewelry
  • Industrial Components
  • Kitchenware Equipment
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

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/tin-fluoborate-market
For Sales Enquiries: sales@futuremarketinsights.com
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