Market Research Blog – Page 10247 – New Product Development

Residential Dishwashers Market has the Growth Potential to Reach a Valuation of Over US$ 50 Bn by 2032

The global residential dishwashers market is projected to record a CAGR of 7.1% from 2022 to 2032.Consumers are now more aware of the advantages of utilizing residential dishwashers due to the increased appliance penetration rates. The shifting customer preferences for sanitization tools have had a significant impact on the demand for domestic dishwashers.

The main factor encouraging the global adoption of household dishwashers has been identified as sanitising the utensils by reducing the germination of bacteria. Additionally, one of the most significant foodservice trends favouring the rise in demand for domestic dishwashers in restaurants is the need to save time when cleaning utensils.

The advantages of cleaning utensils at a variety of rinse temperatures can be linked to the rise in dishwashing equipment sales. Dishwashers, which require less physical effort and increase cleaning effectiveness, have also been encouraged by the dominance of women in the labour in both household and commercial settings.

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Residential Dishwashers: Market Dynamics

The need for domestic dishwashers is being driven by the growing significance placed on routinely cleaning kitchen surfaces, sinks, dishes, and cookware before making and serving food as well as in between each usage. The principal factors supporting the expansion of the global market for household dishwashers include,

Knowledge of foodborne illnesses

Sanitizing dishwashers have been widely utilised in commercial and residential kitchens to stop the spread of foodborne illnesses.

The requirement for an effective cleaning cycle

The repeated cleansing system in dishwashers has accelerated its acceptance in household kitchens because traditional cleaning cycles cannot guarantee thorough sanitization.

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modern retail growth

Smart convergence, which incorporates the automation of several tasks, is currently occurring in commercial kitchens and counters. E-Commerce and other contemporary retail techniques are used to speed up the acquisition of effective kitchen appliances, which boosts sales of kitchen appliances like dishwashers.

On the other hand, barriers like low acceptability among consumers living in traditional clout and expensive residential dishwasher pricing have had a significant impact on the dynamics of the global market for residential dishwashers. Urban areas have seen the greatest demand for household dishwashers, while rural and underdeveloped areas have experienced shortages of essentials like water, electricity, and cleaning supplies, which are necessary for any dishwasher to operate.

Global Residential Dishwashers Market: Segmentation

The global market for residential dishwashers is segmented on the basis of product-type and application. Based on the type of dishwashing product, the market is segmented into,

Built-in Dishwashers
Counter Top Dishwashers
Drawer Dishwashers
Freestanding Dishwashers

The application-wise segmentation of the global residential dishwashers market includes,

Residential applications
Food service applications
HoReCa (Hotel/Restaurants/Café)

Regional Outlook

Furthermore, the global market for residential dishwashers is also classified on according to the key geographical regions in the world. Owing to the consumerism reforms in countries such as India, China, Australia, Brazil, Thailand and Singapore, the growth of the demand for residential dishwashers is expected to surge in Asia-Pacific and Latin America.

North America and Europe will continue leading the market share as dishwashing products have been the conventional devices for cleaning utensils in the US and UK. However, APAC countries such as India and Japan will record higher growth in terms of sales.

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Competitive Landscape

General Electric Company, Siemens AG, Sears Brands LLC, IFB Industries Ltd., Whirlpool, Heartland Appliances, LG Electronics, AB Electrolux, and Danby Group are a few of the major players in the global market for residential dishwashers.

Several top dishwasher manufacturers have been driven to improve their goods and broaden their product lines as a result of new alliances and mergers in the home appliance sector. A wonderful example of product improvement is Whirpool’s “6th Sense Technology” dishwasher, which can link to a Wi-Fi network and create a smart grid system for both commercial and domestic dishwashing needs.

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Hair Serums Ingredient Market is Expected to Garner a Industry value of US$ 1,171.36 Million in 2022

The global hair serums ingredient market is expected to garner a market value of US$ 1,171.36 Million in 2022, while recording a CAGR of 9% during the 2022-2032 forecast period. By 2032, sales of hair serums ingredients are expected to reach US$ 2,772.96 Million.

Hair serums are one of the most popular products in the cosmetics market. Because a busy lifestyle leaves little time for personal care, hair serums are utilised for hair maintenance. The substance in hair serums is critical in determining the best hair serum for your hair type and intended use.

The main ingredient in hair serums is silicones. Other than this, it is necessary to look after the rest of the hair serums ingredient to prevent adverse effects. Hair serums ingredient determines the quality of hair serums.

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To expand their business, hair serum ingredient market participants are expected to focus more on the supply of organic hair serum ingredient. Natural hair serum ingredients are becoming increasingly popular among customers. With the increasing cosmetics business, numerous new product launches including natural hair serums ingredients are predicted.

New technologies for the extraction of hair serums ingredient will make it affordable and available in abundance. Research in microbiology is estimated to pave new opportunities in hair serums ingredient market.

Hair Serums Ingredient Market: Market Dynamics

The growing concern about personal care in consumers and the adverse effects of ingredients on healthcare is boosting the hair serums ingredient market. The market players in hair serums ingredient market are avoiding the use of components such as parabens and alcohol used in conventional hair serums that have been classified as hazardous wastes by the FDA. Instead, the market players are focused on using natural hair serums ingredient. There is a demand for natural hair serums ingredient from micro-scale consumers who make hair serums at homes for self-use.

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Investment in research and development of hair serums ingredient is essential to avoid the use of synthetic ingredients in the hair serums. Also, the analysis shall lead to the innovation of new formulation for good quality hair serums with natural hair serums ingredient.

Hair Serums Ingredient Market: Regional Outlook

In all regions, the market for hair serum ingredients is rapidly growing. The hair serums ingredient market is dominated in Europe, with France and Germany leading the way. East Asia is followed since it is home to numerous cosmetics makers.

The demand from these manufacturers is fuelling market growth. The regions of North America and South Asia is anticipated to have potential growth in hair serums ingredient market. The availability of natural hair serums ingredient in South Asia makes it a reliable supplier thereby boosting the market growth. While Latin America is estimated to have a slow and gradual increase in the hair serums ingredient market, Oceania will emerge with significant growth for the organic hair serums ingredients.

Hair Serums Ingredient Market: Key Players

Some of the major players in the Hair Serums Ingredient market are Mystic Moments, Naturallythinking Pure Spa Aromatherapy, Essential Wholesale & Labs, Parchem fine & specialty chemicals, Ingredients To Die For a Aroma Alternatives Ltd. Co., Pharmacos, Composition Materials Co., Inc., N-ESSENTIALS, Fa. Rosarome, Glamour Cosmetics, alexmo cosmetics, Gracefruit Limited, VOYAGEUR SOAP & CO., Les Âmes Fleurs Inc. and among others. These market players are forecasted to innovate new product manufacturing techniques for hair serums ingredient.

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

The hair serums ingredient market report covers exhaustive analysis on:

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

The hair serums ingredient regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
South Asia (India, Thailand, Indonesia, Malaysia, Rest of South Asia)
East Asia (China, Japan, South Korea)
Oceania (Australia & New Zealand)
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The hair serums ingredient 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 for hair serums ingredient provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The hair serums ingredient market report also maps the qualitative impact of various market factors on market segments and geographies.

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Implantable Collamer Lens Market size reaching US$ 838.2 Mn by 2032 | FMI

[250 Pages Report] As per Future Market Insights’ latest industry analysis, the valuation for the global implantable collamer lens market was around US$ 212.9 Mn in 2021. Sales are projected to grow at a 13.1% CAGR over the forecast period, with the market valuation reaching US$ 838.2 Mn in 2032.

Since phakic intraocular implants were approved two decades ago, refractive surgeons have chosen to utilize them to treat myopia that is unresponsive to excimer laser treatment. A posterior chamber phakic intraocular lens (IOL) created and produced by STAAR Surgical, the Visian Implantable Collamer Lens (ICL), was FDA approved in 2005 and has been demonstrated to be effective in the correction of myopia up to 18.00 D.

Attributes	Key Insights
Implantable Collamer Lens Market Base Year Value (2021)	US$ 212.9 Mn
Estimated Market Size (2022)	US$ 244.8 Mn
Projected Market Valuation (2032)	US$ 838.2 Mn
Value-based CAGR (2022-2032)	13.1%
Key Market Players	STAAR SURGICAL

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The ICL was only offered in the U.S. in a spherical variant until 2018. As a result, high astigmatism and high myopia could not be treated simultaneously. In light of this, several surgeons in the refractive fiend adopted a sequential operation strategy that employs the use of an excimer-laser enhancement after ICL implantation. This sequence has been referred to as “Bioptics”.

The use of ICL in refractive surgery is increasing. ICLs are often regarded as an alternative to laser-based corneal procedures such as LASIK and photorefractive keratectomy (PRK). The implantable collamer lens is a specific type of posterior chamber phakic intraocular lens (pIOL). High levels of refractive error or situations where corneal refractive surgery is not recommended call for the adoption of pIOL. Quicker healing and reversibility are the additional benefits of this procedure over corneal refractive surgery.

High incidence of cataracts and other vision impairments among elderly and diabetic individuals is underpinning the need for implantable collamer lens. In addition to this, rising healthcare costs, and government-backed investments for the construction of healthcare infrastructure are some of the key factors propelling the market.

“Growing prevalence of refractive disorders, and the emergence of alternatives to laser techniques for refractive correction are underpinning the demand for implantable collamer lens,” says and FMI analyst.

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Key Takeaways:

By indication, sales in the myopia segment are slated to increase at a 12.6% CAGR through 2032.
In terms of end user, demand in the hospitals segment will grow at a 7% CAGR during the forecast period.
China accounted for 6% of the total market share in 2021 and the trend is expected to continue over the assessment period.
The U.S. will continue dominating the North America implantable collamer lens market through 2032.
Japan will emerge as a lucrative pocket in the East Asia implantable collamer lens market.

Competition Landscape

The global implantable collamer lens market includes only one manufacturer known as STAR SURGICAL. Incorporated in 1982 for the purpose of developing, producing, and marketing implantable lenses, the company is the first to receive the U.S. FDA approval for implantable collamer lens. Some recent developments include:

In April 2021, STAAR submitted clinical data to the FDA to support a marketing approval for their EVO family of myopia lenses. The submission remains under interactive review with the FDA.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the implantable collamer lens market in its latest study, presenting a historical demand assessment of 2017 – 2021 and projections for 2022 – 2032.

The research study is based on the indication (myopia, hyperopia, and astigmatism), and end user (hospitals, ophthalmic clinics, ambulatory surgical centers, and eye research institutes), across seven key regions.

About Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business.

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Key Market Segments Covered in Implantable Collamer Lens Industry Research

By Indication:

Myopia
Hyperopia
Astigmatism

By End User:

Hospitals
Ophthalmic Clinics
Ambulatory Surgical Centers
Eye Research Institutes

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Cardiometabolic Drugs Market estimated to surpass a valuation of US$ 70 Bn by 2032 | FMI

Cardiometabolic Drugs Market: OverviewCardiometabolic drugs market is expanding with increase in awareness and overall work initiatives present for cardiovascular indications. There are proposed thoughts of improved patient engagement over digital therapeutics helping the market of cardiometabolic drugs. The market for cardiometabolic drugs is also leveraging the benefits of efficient and more advanced form of drug delivery technologies in cardio segment.

The presence of public interest initiatives to control the over increasing patient pool for cardiovascular conditions limits the market growth by decreasing the target patient population, but the main objective remains the same for both awareness campaigns and cardiometabolic drugs. Future drug discoveries and cost reduction for cardiometabolic drugs would help in sales growth. Awareness for breakthrough cardiometabolic drugs would change the market subtleties leading to more an even and exposed market space. The extensive prevalence of cardiometabolic syndrome and its component disease creates a unique opportunity for global leaders in pharmaceutical industry.

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Cardiometabolic drugs are purposefully used for a vast composition of metabolic dysfunction, disorders include impaired glucose tolerance, insulin resistance, hypertension, dyslipidemia, and central adiposity. Cardiometabolic drugs are meant to act on such conditions limiting the disease effect and omitting the potential cardiovascular patients. Due to many organic and inorganic reasons like genetics and lifestyle there is a present growth in cardiometabolic conditions resulting in the usage of cardiometabolic drugs which targets each condition respectively.

Each cardiometabolic condition is treated with respective cardiometabolic drugs in order to cure or limit for future cardiovascular disease. Cardiometabolic condition involves a group of interrelated abnormalities which leads to a diverse constellation of cardiometabolic drugs used for each indication to limit the potential cardiovascular patient pool. The remarkable change in lifestyle is the prime reason for morbidity and mortality statistics for cardiovascular diseases.

Cardiometabolic Drugs Market: Drivers and Restraints

Cardiovascular related mortality is increasing on a yearly basis, it is the principal cause of death in most of the developing and developed regions. The growth and presence of such scenario is subjected with the increase in cardiometabolic conditions. Cardiometabolic syndromes is now considered as a separate entity by the world health organization, increasing the awareness and outlook for the specific cardiometabolic drugs market.

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Consumers and pharmaceutical companies are engaging in new drug discovery for each indication resulting in cardiovascular problems. There is a present trend of repositioning of drugs in cardiometabolic conditions saving much time of drug discovery and initial efforts for drug identification. Pharmaceutical companies are cutting down on R&D expenditure for cardiometabolic drugs following repositioning. Existing cardiometabolic drugs still lack efficiency in order to cut the present burden form cardiometabolic conditions resulting in mortality and inorganic losses. Pharmaceutical companies are trying to penetrate the growing market of cardiometabolic drugs. Cost reduction for new drug development is the highlight for this cardiometabolic drugs industry encouraging other new entrants. Reimbursements for cardiometabolic drugs present in most developed countries insurance coverages shifts the scenario for cardiometabolic drugs market

Cardiometabolic Drugs Market: Region-wise Outlook

North America and Europe’s cardiometabolic drugs market is expected to take the maximum market share, owing to the innovations and key manufacturers present in the region. Cardiometabolic drugs price is more in those regions explaining the greater market share than the rest in terms of revenue. Though, the cardiometabolic drugs market attractiveness for developing regions offer a high growth rate, like South Asia and Latin America. South Asia cardiometabolic drugs market is subjected to grow with the highest growth rate due to high prevalence rate present and local manufacturer’s presence. In general, the global market would increase significantly during the forecast period owing to the global prevalence of indications associated with cardiometabolic conditions.

Cardiometabolic Drugs Market: Key Market Participants

Some of the Cardiometabolic Drugs market participants in the global Cardiometabolic Drugs market identified across the value chain include: Gilead Sciences Inc, AbbVie Inc, Sanofi, InovoBiologic Inc, Carmel Biosciences Inc, Genfit SA, Kochi Prefecture, Besins Healthcare SA. and more

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.

For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-9302

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)
Europe (Germany, Italy, France, U.K, Spain, Russia, Benelux)
South Asia (India, Thailand, Malaysia, Indonesia)
East Asia ( China, Japan, South Korea )
Oceania ( Australia, New Zealand )
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.

Cardiometabolic Drugs Market: Segmentation

On the basis of drug class, cardiometabolic drugs market can be segmented as:

Weight Loss Drugs
Antidiabetics
Others

On the basis of indication type, cardiometabolic drugs market can be segmented as:

Congestive Heart Failure
Hypertension
Diabetes
Obesity
Others

On the basis of distribution channel, cardiometabolic drugs market can be segmented as:

Institutional Sales
Hospitals
Clinics
Retail Sales
Retail Pharmacies
E- Commerce/Mail Order Pharmacies

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

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Keyhole Orthopaedic Surgery Market is expected to surpass US$ 5.5 Bn by 2022 | FMI

Knee arthroscopy also called as keyhole orthopaedic surgery is a type of surgical procedure which is performed by an arthroscope to treat knee problem. Keyhole orthopaedic surgery is used to treat cartilage (meniscal) tears on the knee, hips, elbow, ankles, shoulder and wrist. Meniscal injuries of the knee is one of the most common orthopaedic injuries which involves two cuts of one cm in the front of the knee.

Keyhole orthopaedic surgery is a minimally invasive procedure which examine and repairs the damage of the bones, cartilage and ligaments surgically. Keyhole orthopaedic surgery involves the insertion of a thin tube with camera at its end into the joint by doing a small hole in the skin. Thus the images generated by the arthroscope helps to surgeon to assess the damage in the joint and to insert the surgical tools at its specific site without the open surgery.

Keyhole Orthopaedic Surgery: Market Dynamics

Keyhole orthopaedic surgery seems to have increase in growth in the market due to increasing aged and obesity population and advancement in latest technologies will drive the global keyhole orthopaedic surgery market. Since it has low risk of infection and causes less pain to patients, the keyhole orthopaedic surgery has gain much popularity among the physicians. Apart from this, keyhole orthopaedic surgery has significantly faster recovery and also less scars and thus its advantages over keyhole orthopaedic surgery will drive the global keyhole orthopaedic surgery market.

Moreover keyhole orthopaedic surgery reduces longer duration of stay, less loss of blood during surgery has coupled the growth of keyhole orthopaedic surgery market. However, cost of equipment and treatment cost may restrain the growth of keyhole orthopaedic surgery. In addition to this, skilled professionals is required to perform such minimal invasive surgery and thus it may hamper the growth of keyhole orthopaedic surgery market. Further, post-operative complication is likely to hinder the growth of keyhole orthopaedic surgery market.

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Keyhole Orthopaedic Surgery Market: Overview

Keyhole orthopaedic surgery is expected to spur the growth of the market. Increasing orthopaedic procedures is likely to anticipate growth of the market. With the advancement in technology, many new tools have been launched into the market for keyhole orthopaedic surgery.

For example, recently in March 2019, Stryker had launch four visualization tools for keyhole orthopaedic surgery in order to improve the efficiency and outcome of the patients such as HipCheck, 1688 AIM 4K Platform and others. Due to minimal invasive procedures, keyhole orthopaedic surgery has gain much popularity in the market since it is associated with less pain and providing efficient results with minimal scars in the skin. With the help of arthroscopy, the surgeon can able to detect the damage in the joint which as a result the treatment time is reduced and at the same time keyhole orthopaedic surgery provide effective treatment. Thus all this factors is likely to contribute substantial growth of keyhole orthopaedic surgery market.

Keyhole Orthopaedic Surgery: Region-wise Outlook

On the basis of geography, the global urology imaging system market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa. North America is projected to hold the largest share in the keyhole orthopaedic surgery market due to rising demand of minimal invasive surgeries coupled with increasing geriatric population is anticipate to grow the overall keyhole orthopaedic surgery market.

Europe market protrude to have high growth in keyhole orthopaedic surgery market due to advancement in osteology and adoption of new tools and techniques. Asia Pacific is also potentially stimulating the growth of the keyhole orthopaedic surgery market due to increasing healthcare expenditure and demand for new treatment. Japan has the potential to grow the overall keyhole orthopaedic surgery market due to increasing aging population and rise in healthcare infrastructure. Middle East & Africa have less impact in overall keyhole orthopaedic surgery market due to lack of proper healthcare facilities and lack of awareness about new treatment may thrive the keyhole orthopaedic surgery market.

Keyhole Orthopaedic Surgery Market: Key Players

Some of the key players present across the value chain of the global keyhole orthopaedic surgery market are Stryker Corp., Surgical Holdings, Geister Medizintechnik GmbH, STI Laser Industries, Ltd, Zimmer Biomet, DePuy Synthes, Smith & Nephew, DJO Global, Medtronic Spinal, Integra Lifesciences, Globus Medical, NuVasive Inc., Wright Medical.

Keyhole Orthopaedic Surgery Market: Segmentation

The global urology imaging systems market is segmented by indication and end user.

Segmentation by Indication

Torn meniscus
Torn or damaged cruciate ligament
Inflamed synovial tissue
Torn pieces of articular cartilage
Misalignment of patella
Baker’s cyst

Segmentation by End User

Hospitals
Orthopaedics Clinics
Ambulatory Surgical Centers
Diagnostics Centers

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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

About FMI:

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Pancreatic Stone Protein Testing Market grows at a rate of 1.8% CAGR during the forecast period 2022 to 2032

[250 Pages Report] During the forecast period, the pancreatic stone protein testing market is expected to grow at a rapid 1.8% CAGR. The pancreatic stone protein testing market is currently valued at US$ 3 billion in 2022, with a projected value of US$ 3.59 billion by 2032.

Different pancreatic secretory proteins have been identified in the last decade. That is protein X, human pancreatic thread protein (PTP), and pancreatic stone protein (PSP).

Among them, pancreatic stone protein has been reported to play a crucial role in the development of pancreatic stone.

Pancreatic stone protein testing has been very useful for diagnosis and early management of stone formation in chronic pancreatitis.

Pancreatic stone protein testing has been analyzed using several assay techniques such as ELISA, fluorometric immunoassay and enzyme immunoassay.

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A life-threatening syndrome is known as Sepsis resulting in multiple organ dysfunction. That is characterized by the deregulated host response to an infection. According to WHO sepsis affects more than 30 million people worldwide every year. Leading to 6 million deaths.

The occurrence of sepsis is most likely highest in low- and middle-income countries. However, for the diagnosis of sepsis, pancreatic stone protein testing is showing great promises. Pancreatic stone protein has been used as a marker for the early detection and diagnosis of sepsis.

Also, pancreatic stone protein has been used as a novel protein biomarker for the diagnosis of several other diseases related to pancreatic stone formation due to infection.

Pancreatic stone protein testing is also helping in early diagnosis and management of diseases such as acute appendicitis and other wolfram syndromes such as diabetes insipidus, diabetes mellitus, optic atrophy etc.

Pancreatic Stone Protein Testing Market: Driver and Restraints

The increasing cases of chronic diseases due to pancreatic stone formation expected to drive the market of pancreatic stone protein testing. The prevalence of diseases such as acute appendicitis, diabetes and optic atrophy drives the pancreatic stone protein testing market worldwide.

Change in lifestyle, increasing consumption of alcohol promotes acute pancreatitis, which expected to drive the pancreatic stone protein testing market.

However, the symptoms of acute pancreatitis are nonspecific and biomarker such as pancreatic stone protein testing is high sensitivity and specificity are still lacking despite extensive research.

Further, the cost-effectiveness, sensitivity, accuracy, and specificity of the pancreatic stone protein testing expected to restrain the pancreatic stone protein testing market.

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Pancreatic Stone Protein Testing Market: Overview

The market of pancreatic stone protein testing is very demanding globally because of its importance of used as a biomarker for the early detection of various life-threatening diseases. The symptoms of acute pancreatitis rate are higher in developing countries as well as in developed countries.

Due to the change in lifestyles, irregular and unhealthy food consumption develops diseases such as sepsis, acute appendicitis and Wolfram syndrome worldwide. Consequently, the global market of pancreatic stone protein testing will expectedly grow vigorously in the near forecasting periods.

The global key players have immense opportunity to develop assay kits and other immunoassay devices for the evaluation of pancreatic stone protein testing.

Pancreatic Stone Protein Testing Market: Region-wise Outlook

North America is expected as the leading market of pancreatic stone protein testing due to a greater degree of awareness among the individuals and high economy followed by Europe.

Moderate growth of the pancreatic stone protein testing market will be expected in Asia Pacific countries due to the increasing rate of sepsis, acute appendicitis diseases and awareness among the people.

Pancreatic stone protein testing Market: Key Market Participants

Ray Biotech, Inc., Thermo Fisher Scientific, Inc. Lifespan Biosciences Inc., Abnova Corporation, Amsbio LLC. (AMS Biotechnology (Europe) Ltd), CUSABIO TECHNOLOGY LLC, Boster Biological Technology, United States Biological Inc., Creative Diagnostics Inc., Abbexa Ltd., Aviva Systems Biology Corporation, among others.

The research report provides analysis and information according to market segments such as geographies, application, and industry.

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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 (India, China 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 an 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.

Pancreatic Stone Protein Testing Market: Segmentation

Based on techniques used, Pancreatic Stone Protein Testing market can be segmented as:

ELISA
Fluorometric Immunoassay

Based on Disease types, Pancreatic Stone Protein Testing market can be segmented as:

Sepsis
Acute Appendicitis
Diabetes
Diabetes Insipidus
Diabetes Mellitus
Optic Atrophy
Deafness

Based on the age group, Pancreatic Stone Protein Testing market can be segmented as:

Infant
Children
Adults
Geriatric

Based on end-users, the Pancreatic Stone Protein Testing market can be segmented as:

Hospitals
Speciality Clinics
Diagnostic Centers
Pathology Laboratories

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Hydrostatic Transmission Market Competitor Analysis, Winning Strategies and Growth Drivers 2031 – FMI

On the backdrop of growing power transmission requirements in off road vehicles and material handling systems, Future Market Insights projects a promising growth outlook for the global hydrostatic transmission market for the next decade estimated at a CAGR value of over 5.9% during 2021-2031.

By capacity, in terms of value, medium duty segment will continue to represent maximum market value, owing to higher end use applications and ideal weight for transmission purpose compared to light duty and heavy duty equipment.

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Adoption of Hydrostatic Transmission Pushed up by a Broadening Application Base in Agricultural Industry

Global hydrostatic transmission market is primarily driven by increasing agricultural activities, leading to the demand and availability of an extensive range of agricultural equipment. One of the top advantages that hydrostatic transmission offers when used in such vehicles is its capability to deliver precise amount of power at low speed and high torque, simultaneously. This attribute makes it an ideal transmission system for off road vehicles, including those used in construction machinery, mining equipment, and material handling equipment.

Additionally, hydrostatic transmission is more versatile when compared to its mechanical counterparts, wherein a variable output can be achieved through fixed input power and other combinations unlike mechanical transmission. The changes in step-less speed ratio of hydrostatic transmission also makes it an attractive prospect for the OEMs to capitalize on, for their products.

Hydrostatic transmission is also preferred by various end users owing to other myriad advantages such as low inertia, high torque-to-speed ratio, and dynamic braking, which are expected to further encourage the growth of market in next few years.

However, there are some disadvantages associated with using hydrostatic transmission which can hinder the growth of the market in the upcoming years. Some of the factors include high occurrences of internal fluid leakage or backward flow, high initial cost and maintenance requirement, lower efficiency than mechanical transmission system, and varying temperature spots within the transmission system.

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Market segmentation

The market segmentation offered in the report study is mentioned below:

By Capacity

Light Duty
Medium Duty
Heavy Duty

By Operation Type

VDM-CDP
VDP-CDM
VDM-VDP

By End User

Agriculture
Construction & Mining
Logistics & Transport
Others

By Region

North America
Latin America
Western Europe
Eastern Europe
South East Asia & Pacific
Middle East & Africa
Japan
China
India

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US & Canada Collectively Enable North American Market for Hydrostatic transmission to Deliver Top-notch Performance

As indicated by the regional analysis included in the report, Western Europe is expected to remain dominant throughout the forecast period. Other key markets, i.e. Western Europe, North America, and China will also continue to witness promising growth, in terms of demand and manufacturing of various end use equipment.

North American market is expected to position itself as a renowned off road vehicle manufacturer region, as both the US and Canada are foreseen to significant contribute to the growth of regional market.

Markets in developing economies of Latin America, Middle East & Africa, and Eastern Europe will possibly hold relatively smaller market value shares due to limited production of end use equipment within these regions. However, the market share estimate for Eastern Europe may improve in the next few years, owing to improving agricultural equipment manufacturing scenario in Russia.

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Automotive Sensors Market Key Players, Industry Overview, Applications and Analysis 2031 – FMI

The automotive sensor demand will continue rising through 2021 with worldwide demand projected to increase by 5.5% year over year. As per Future Market Insights (FMI), automotive sensor revenues generation will increase at a ten-year compound annual growth rate (CAGR) of 7.2%, as the automotive production recovers after bucking scepticism about how the market would perform post pandemic.

NXP Semiconductors N.V., TE Connectivity, Continental AG, Denso Corporation, Robert Bosch GmbH are identified as leading players in automotive sensor market. They will collectively account for nearly 30% of global market share in 2021.

Auto theft has emerged as a serious problem across the globe. According to a report by the National Insurance Crime Bureau, auto theft grew by 9.2% year-on-year in U.S. reaching 873,080 cases in 2020. To tackle this issue, automakers are installing modern anti-theft sensors in economic and budget cars. This development will fuel the demand for automotive sensors in upcoming years.

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Advancement in the field of transport management system and incorporation of smart sensors in advanced driver-assistance systems will create attractive prospects for the expansion of the market.

Truck platooning is an emerging area of application for automotive sensors. In truck platooning, automated driving support and connectivity technology work in sync and are controlled by central operating system. All trucks are connected to leader trucks and rest of platoon adapts their movement according to leader truck. This will increase ADAS penetration in trucks.

Governments in developed economies are mandating the installation of safety sensors in passenger and commercial vehicles to curb the rise in number of road accidents and related fatalities. This will significantly contribute to the overall growth of the automotive sensors market.

Manufacturers are working towards avoiding overheads by reducing the number of product recalls and satisfy consumer demand of modern warning alert system and safety feature in compact cars.

Advancement in the crash prevention technologies like vehicle-to-vehicle communication, traction control system, active kinematics control with integrated brake control, and automated braking system will boost demand for automotive sensor in upcoming years.

Key Takeaways from FMI’s Automotive Sensor Market Study

Driven by increasing sales of electric vehicles and presence of leading original equipment manufacturers in U.S., North America market will expand at 4.7% CAGR over the forecast period.
European automotive sensor market will grow at a healthy CAGR of 6.5% backed by increasing demand of European luxury cars across the globe and rising production of electric cars in the region.
Japan and South Korea will collectively account for around 9.1% of global market share in 2021. Surge in research and development activities in these countries towards miniaturization of automotive sensors will drive the market growth in these countries.
India will offer lucrative opportunities for market growth, as it is the fastest growing economy in the world. Increasing demand for passenger cars and rise in consumer spending on enhanced safety features will boost the sales of automotive sensors in India.
Safety sensor is the fastest growing sensor type segment owing to imposition of stringent vehicle and driver safety regulation and increasing demand for luxury and convenience in automobiles.

“Increasing investment in automating vehicles and installing smart technologies in critical safety systems to improve safety standards will boost the demand of automotive sensors in the forthcoming years,” says the FMI analyst.

For instance, in July 2021, Samsung launched its first ISOCELL image sensor specifically designed for automotive applications. Samsung aims at becoming global leader in image sensor sector and capture maximum market share in upcoming years.

In 2020, AMS introduced two new position sensors the AMS AS5147U and the AS5247U for high-speed electric motors to promote car electrification initiative. These new position sensors are expected to reduce the system cost and boost the electrification of critical vehicle functions like as power steering, active damper control, and braking.

Bridgestone recently developed new “Smart Strain Sensor” technology for autonomous vehicles integrated with next-gen internet of things (IoT) capabilities.

Prominent players operating in the automotive sensor market are:-

NXP Semiconductors N.V.
TE Connectivity
Continental AG
Denso Corporation
Robert Bosch GmbH.

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Key Segments Covered in Automotive sensors Market Study

Sensor Type:

Position Sensors
- Clutch Position Sensors
- Gear Position Sensors
- Throttle Position Sensors
- Crankshaft Position Sensors
- Steering Angle Position Sensors
- Camshaft Position Sensors
Safety Sensors
- Seat Belt Sensors
- Brake Switch Sensors
- Door Switch Sensors
- ADAS Sensors
  - Blind Spot Detection
  - Night Vision Sensors
  - Light Sensors
  - Parking Sensors
  - Cruise Control
- Impact Sensors
- Anti-theft Sensors
- Knock Detection Sensors
Level Sensors
- Fuel Level Sensors
- Coolant Level Sensors
- Oil Level Sensors
Oxygen Sensors
Pressure Sensors
- Tire Pressure Sensors
- EGR Pressure Sensors
- Airflow Rate Sensors
Temperature Sensors
- Engine Coolant Temperature Sensors
- Rain/humidity Sensors
- Oil/Fuel Temperature Sensors
- Battery Temperature Sensors
- Air Temperature Sensors
Speed Sensors
- Wheel Speed Sensors
- Speedometer

Vehicle Type:

Passenger Cars
- Compact
- Midsize
- Luxury
- SUVs
Light Commercial Vehicles
Heavy Commercial Vehicles

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Sales Channel:

Original Equipment Manufacturers
Original Equipment Supplier Spare Parts
Independent Aftermarket

Region:

North America
Latin America
Western Europe
Eastern Europe
South East Asia & Pacific
Middle East & Africa
Japan
China
India

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Peptide Receptor Radionuclide Therapy (PRRT) Market is likely to reach US$ 1,106.50 Mn by 2032 | FMI

[250 Pages Report] This Peptide Receptor Radionuclide Therapy Prrt market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Peptide Receptor Radionuclide Therapy Prrt market.

Advancement and growing researches in the medical industry leads to a dramatic surge in the availability of new cancer treatment options. Radiation therapies and targeted therapy is showing significant promise in cancer treatment. For example, peptide receptor radionuclide therapy (PRRT) had recently approved the neuroendocrine tumors and projecting significant growth in the cancer treatment market. Peptide receptor radionuclide therapy (PRRT) is radioisotope or molecular therapy used to treat neuroendocrine tumors (NETs).

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Peptide receptor radionuclide therapy (PRRT) is recommended for the somatostatin receptor-positive gastroenteropancreatic NETs affected patients. Peptide receptor radionuclide therapy (PRRT) is a targeted therapy designed to slow the progression of gastroenteropancreatic NET and limiting radiation exposure to healthy tissue. Lutathera (lutetium Lu 177 Oxodotreotide) was the first drug approved for the peptide receptor radionuclide therapy (PRRT) for the treatment of gastroenteropancreatic neuroendocrine tumors (GEP-NETs). In September 2017, the European Commission approved Lutathera peptide receptor radionuclide therapy (PRRT) drug manufactured by Advanced Accelerator Applications S.A. Although, the U.S. Food and Drug Administration (FDA) was approved LUTATHERA in January 2018. Growing clinical trials and development activities to create therapeutic radiopharmaceuticals expected to surge the growth of the peptide receptor radionuclide therapy (PRRT) market over the forecast period.

Peptide Receptor Radionuclide Therapy (PRRT) Market: Drivers and Restraints-

Increasing prevalence of the neuroendocrine tumors expected to impel the demand for peptide receptor radionuclide therapy (PRRT) as an increasing number of the patient pool. Establishment of reimbursement policies for Lutathera favors the demand for peptide receptor radionuclide therapy (PRRT). A temporary insurance/billing code was used for the peptide receptor radionuclide therapy (PRRT) till 2018. Moreover, increasing clinical trials for the new radiopharmaceuticals drugs approval for cancer therapy expected to surge the growth of the peptide receptor radionuclide therapy (PRRT) market.

Increasing government and private organizations funding for cancer drugs and therapy development is another major factor expected to propel the growth of the peptide receptor radionuclide therapy (PRRT) market. Moreover, growing manufacturer’s interest in the radiopharmaceutical and cancer market flourish the growth of the peptide receptor radionuclide therapy (PRRT) market. Side effects such as the transient decrease in blood counts, nausea and others associated with PRRT expected to hamper the growth of the peptide receptor radionuclide therapy (PRRT) market.

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Peptide Receptor Radionuclide Therapy (PRRT) Market: Overview

Peptide receptor radionuclide therapy (PRRT) a special type of radiopharmaceutical which injected into the patients’ bloodstream. This radiopeptide travels and binds to neuroendocrine tumor cells and provide a high dose of radiation directly to the cancer cell. Big pharmaceutical market players are focusing to enter in the radiopharmaceutical market. For instance, In October 2017, Novartis AG acquired Advanced Accelerator Applications (AAA) for $3.9 billion to expand oncology portfolio. This acquisition was valuable for Lutathera radiopharmaceutical candidates which were under FDA review in 2018.

Peptide Receptor Radionuclide Therapy (PRRT) Market: Region-wise Outlook

North America and Europe region are expected to grebe more than half of the market share for peptide receptor radionuclide therapy. Increasing clinical trials for radiopharmaceuticals and growing demand for the targeted therapy for cancer are the major factors driving the growth of the peptide receptor radionuclide therapy market in the U.S. and European countries. The Asia pacific peptide receptor radionuclide therapy market expected to grow with significant growth rate as growing demand for advance treatment option and comparatively high prevalence of cancer in India and China.

Peptide Receptor Radionuclide Therapy (PRRT) Market: Key Market Participants

Example of some market players participants in global peptide receptor radionuclide therapy (PRRT) market find across the value chain are Advanced Accelerator Applications (AAA) (Novartis AG) and others.

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 (India, China ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Peptide Receptor Radionuclide Therapy (PRRT) Market: Segmentation

On the basis of indication, peptide receptor radionuclide therapy (PRRT) market can be segmented as:

Foregut Neuroendocrine Tumors
Midgut Neuroendocrine Tumors
Hindgut Neuroendocrine Tumors

On the basis of end user, peptide receptor radionuclide therapy (PRRT) market can be segmented as:

Hospitals
Ambulatory Surgical Centers
Cancer Care Centers

For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-10376

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

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Fifth Wheel Coupling Market Trends, Growth, Future Demand, Analysis and Forecast by 2031 – FMI

Sales in the fifth wheel coupling market stands to grow at 5.7% CAGR between 2021 and 2031 in terms of value. Volume demand is estimated to grow at a CAGR of 5.3% over the forecast period. As per Future Market Insights (FMI), the fifth wheel coupling market represents 4% of the semi-trailer market.

Demand in the construction and mining industries will enable growth in the market. Transportation demand is expected to increase as the mining and petrochemical industries expand, particularly in Europe and the Middle East & Africa. This will fuel the demand for fifth wheel coupling for cost-effective goods movement, as well as increased safety and productivity.

Due to the use of new tech to increase product quality and ensure compliance with government rules and policies with regards to emission-control standards, automotive fifth wheel couplings are in high demand. The use of enhanced material tech in the production of automobile components increases component load capacity and strength.

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These improvements enable fuel efficiency in vehicles. Furthermore, automotive fifth wheel couplings are relatively small in weight, making them perfect for improving vehicle durability and performance. Fifth wheel connectors are likely to be used by manufacturers to improve fuel economy.

Driven by these developments, the fifth wheel coupling demand will surge in the automotive sector. With focus on emission control expected to skyrocket in the coming years, sales in the fifth wheel coupling market has been projected to surpass US$ 1.0 Bn by 2031.

Key Takeaways from Market Study

By product type, semi oscillating fifth wheels are expected to account for the dominant share of more than 55% in the global market.
By operation, mechanical segment is expected to continue leading, accounting for sales of more than 60%.
By capacity, between 20 to 30 tons segment will dominate the market with more than 40% share.
By material, cast steel is projected to dominate the market with a share more than 30%.
By region, East Asia is expected to have the largest share in the market accounting to more than 30% of sales.

“Advancements in materials to produce lightweight and high capacity fifth wheel coupling, high rate of urbanization, trade liberalization among countries, and increasing popularity of semi-trailers for moving cargo will drive the fifth wheel coupling market,” says a Future Market Insights analyst.

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Key Market Segments Covered

Product Type:

Compensating
Semi Oscillating
Fully Oscillating

Operation:

Hydraulic
Pneumatic
Mechanical

Capacity:

Below 20 tons
Between 20 to 30 tons
Between 30 to 45 tons
Above 45 tons

Material Type:

Cast Steel
Cast Iron
Fabricated Steel
Aluminum
Others

Sales Channel:

OEM
Aftermarket

Region:

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

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Fifth Wheel Coupling Market Competitive Landscape

Some of the leading players operating in the market are JOST Werke AG, SAF Holland, Foshan Yonglitai Axle Co., Ltd., Xiamen Wondee Auto parts Co., Ltd., Zhenjiang Baohua Semi-Trailer Parts Co. Ltd, Guangdong Fuwa Engineering Group Co., Ltd., Tulga Fifth Wheel Co., Sohshin Co. Ltd, Fontaine Fifth Wheel, RSB Group, Hunger Hydraulics Group, ACCL (PL Haulwel Trailers), Titgemeyer Group, Shandong Fuhua Axle Co., Ltd., Land Transport Equipment Co.Ltd, CM Trailer Equipment Ltd, Horizon Global Corp and others.

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