Energy Efficiency Gamification Market is Projected to Advance at a CAGR of 18.6% during Forecast 2022 to 2032 – Exclusive Report by Future Market Insights, Inc.

The worldwide energy efficiency gamification market is projected to progress at a CAGR of 18.6% during the figure time frame. It is expected to be evaluated at US$ 15,943 Mn by 2032, up from US$ 2,904 Mn in 2022. The reception of energy efficiency gamification is assessed to rise attributable to expanding strain to embrace feasible energy arrangements in business and modern areas.

Games are widespread and most powerful ways through which human beings interact, have fun and by which they communicate. Human brains are wired for social bonding, positive feedback and to enjoy the challenges that games provide.

Games rise awareness by using visual communication, limits the wastage of electrical energy and collaborative community engagement. This energy efficiency gamification involves games which includes players (either individually or in teams) and are rewarded for various energy savings accomplishments for a particular time of game played.

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Also, it gives feedback for their actions on actual-time data on players’ energy use and make maximum use of virtual world. Some of these games are Oroeco, Virtual Energy Advisor, ecoGator, Carbon Footprint Reduction Game, Utilityco, Cool Choices, WeSpire, Vermontivate, JouleBug, Kansas Take Charge and Kukui Cup.

As the use of appliances and consumer electronics is increasing so consumption of electrical energy is surging. The governments across various countries, power providers & organizations are looking for the ways to reduce the wastage of energy and help the nation become more energy efficient & globally secured. Hence, the energy efficiency gamification market is estimated to grow at a healthy CAGR during the forecast period.

Global Energy Efficiency Gamification Market: Drivers and Restraints

The surging energy prices, government initiatives to save energy consumption, increasing overall user experience of games are driving the global energy efficiency gamification market. Also due to the ever increasing smartphones market it is easier for people to access the different kind of games that further leads to the growth of energy efficiency gamification market.

However, some restraints are hampering on the energy efficiency gamification market those are lack of awareness about these games and unpredictable effects on user behavior and attitudes.

Global Energy Efficiency Gamification Market: Regional Outlook

Geographically, the global energy efficiency gamification market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA).

North Americais the leading region for the energy efficiency gamification market due to major adoption of gamification techniques. Asia Pacific is the next major contributor in the global energy efficiency gamification market due to growing adoption of smartphones by the individuals and growing gamification and creative innovation initiatives.

Europe is following Asia Pacific and North America in terms of market share in the globalenergy efficiency gamification market because of getting fund support from the European Union’s seventh framework programme for research and technological development.

Latin America is the further booming region due to UNEP’s “Efficient Appliances and Equipments Partnership” (United for Efficiency) and is expected to save energy consumption by switching to cleaner technologies. The Middle East and Africa are at a nascent stage in the global energy efficiency gamification market.

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Competitive Landscape

How are the Key Market Players Changing the Look of the Energy Efficiency Gamification Market?

The energy efficiency gamification market share has low concentration due to various small and large players. The companies are introducing new solutions to earn a competitive edge during the forecast period, which is increasing the market size by forming multiple partnerships and investments.

The market players are further concentrating on continuous product enhancement with easy-to-operate features, which aids them to sustain competitiveness and raise their brand value.

A few of the recent developments in the energy efficiency gamification market are

  • In April 2022, Samsung Electronics announced a partnership with ABB to integrate Samsung SmartThings into more homes and buildings.
  • In October 2021, SPIE, the independent European leader in multi-technical services in the areas of energy and communications, and Siemens Energy signed a partnership to support the energy company along its path toward a climate-neutral future with efficient, sustainable, and digital solutions.
  • In August 2021, Emerson acquired Open Systems International, Inc. (OSI Inc.) for USD 1.6 billion in an all-cash transaction. OSI Inc. is a leading operations technology software provider that broadens and complements Emerson’s robust software portfolio and improves energy efficiency and reliability.
  • In June 2021, ETAP, an electrical power system analysis and operation software, announced joining forces with Schneider Electric to deliver end-to-end lifecycle digitalization, enhanced efficiency, sustainability, and resiliency to a broader audience and customer base.

Energy Efficiency Gamification Market: Key players

The key players in the global energy efficiency gamification market are Oroeco Inc., Energy In Time, myEcoNavigator, Evolaris, Lockheed Martin Corporation, San Diego Gas & Electric, Opower Inc., Cool Choices Inc., Simple Energy Inc., WeSpire Inc., Creative Roustabouts LLC, JouleBug, and Take Charge Challenge.

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, and applications.

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Key Segments Profiled in the Energy Efficiency Gamification Market Survey

By Type:

  • Education
  • Action
  • Analytics

By Deployment:

  • Web-Based
  • Mobile
  • Desktop

By End User:

  • Residential
  • Commercial
  • Industrial

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

About Us

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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Account-Based Data Software Market is Likely to Reach a Valuation of Nearly US$ 30.5 Bn, With a Projected CAGR of 8% from 2022 to 2032

The Global Account Based Data Software Market was valued at US$ 13 Bn in 2021 and is expected to reach US$ 14.1 Bn by 2032, finds Future Market Insights (FMI) in a recent market survey.

As per the findings of the report, Cloud-Based Account Based Data Software will remain pivotal for the market as the bulk of revenue will be generated through this category, with a forecasted CAGR of 8.0%.

Cloud Based Account Based Data to contribute the most to revenue

Cloud Based Data Software is expected to be the leading type of Account-Based Data Software demand. Companies are largely turning to cloud-based systems over On-premise in order to garner several benefits, such as cheaper rates, collaborative possibilities, security and backup benefits, as well as the ability to automate routine processes to save time, money, and resources that could be redirected to more efficient usages. Cloud-based systems are especially beneficial to small and medium industries since they are available at cheaper initial costs and can work even with smaller IT teams.

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Large companies to be the key contributors to revenue in the forecast period.

Large Companies are the top application for Account Based Data, having witnessed a CAGR of 8.4% with a forecasted CAGR of 7.8%. This is largely due to the fact that Account Based Data is best suited for companies that require the processing and analyzing of significantly large volumes of data and benefit from the automation of the routine process. These also tend to be the companies who find software not just beneficial but essential since it enables them to process large values of contact data to find relevant contacts from a wide market.

Account-Based Data Software Market: Competition Insights

At present, Account-Based Data Software providers are focused on developments that will afford more opportunities for targeting and analysis to marketing professionals. The key companies operating include Terminus, Metadata, Integrate, 6sense, RollWorks, Madison Logic, Triblio, ListenLoop, Jabmo,  Demandbase, Mintigo, Radiate B2B, Recotap, Bluebird, Kwanzoo Inc, MRP and IDG Communications.

Some of the recent development in Account Based Data Software are as follows:

  • In February 2022, ZoomInfo announced the launch of MarketingOS. This product is an ABM platform that uses ZoomInfo’s B2B data to allow for insight-driven information and personalised Data across varied forms of media.
  • In March 2020, Madison Logic and LinkedIn announced a collaboration. Through this arrangement, Madison Logic will gain an integration with the LinkedIn Marketing Analytics API, so both of their clients can measure accounts across marketing channels on a single platform using LinkedIn’s Marketing Analytics API in combination with Madison Logic’s ML data Platform and ML data cloud.
  • In May 2019, Madison Logic announced the launch of ML Data cloud. It uses sources from multiple sources, both first and third party to provide a platform for B2B marketing. This product aims to enable clients to provide, amongst other features, customized data and tracking and insights on which techniques and methods are the most efficient.

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Account-based Data Software market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of Deployment Type (Cloud-based, On-Premise), by Organization Size (Large Enterprises, Small and Medium Enterprises), across five regions (North America, Latin America, Europe, APAC and Middle East & Africa).

Key Segments Covered In Account-Based Data Software Industry Survey

Account-Based Data Market by Type:

  • Cloud-Based Account-Based Data Software
  • On-Premise Account-Based Data Software

Account-Based Data Software Market by Application:

  • Large Companies
  • Small and Medium Companies

Account-Based Data Software Market by Region:

  • North America Account-Based Data Software Market
  • Europe Account-Based Data Software Market
  • Asia Pacific Account-Based Data Software Market
  • Middle East & Africa Account-Based Data Software Market
  • Latin America Account-Based Data Software Market

About Us

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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200 Continental Drive, 
Suite 401, Newark, 
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T: +1-845-579-5705
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Vertical Market Software Market is Projected to Increase at a CAGR of 12.6% during Forecast 2022 to 2032 | Report by FMI

The vertical market software market size is expected to grow from US$ 123.0 billion in 2022 to US$ 402.4 billion by 2032. The demand for vertical market software is expected to grow at a CAGR of 12.6% throughout the forecast period.

The adoption of vertical market software promotes improved administration and more effective resource utilisation; hence sales of vertical market software is expected to rise. Vertical market software has several distinct advantages. Vertical market software aids in more efficiently addressing industry-specific features and processes.

In comparison to horizontal market software, it also assists firms in achieving superior integration with numerous capabilities and procedures. Due to these factors, the vertical market software market is expected to see multiple potential prospects during the forecast period.

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Furthermore, the vertical market software market has less competition as the designers and developers involved rely primarily on specific players and customers to purchase their products. Vertical market software market players offer benefits in terms of product functionality, data analytics, cost, and sales and marketing.

In terms of functionality, vertical software products can adapt their solutions to better meet the needs of diverse industries. Sales of vertical market software are anticipated to increase as a result of the ability to develop specialised, industry-specific solutions and more user-friendly UI/UX.

Key Takeaways from Vertical Market Software Market

  • With a CAGR of 15.7%, the banking software type is anticipated to dominate the vertical market software market and account for a share of 18.3% during the forecast period.
  • During 2022-2032, the cloud-based category is projected to hold a 68.3% share of the vertical market software market. During the projection period, the cloud segment is expected to increase at a CAGR of 14.2%.
  • The large enterprise category dominated the entire vertical market software market in 2021, accounting for 64.1% of the market, and this trend is expected to continue throughout the forecast period.
  • The United States holds 21.5% of the vertical market software market. During the forecast period, the US vertical market software market is expected to increase at a CAGR of 18.4%.
  • Acquisitions are boosting the European vertical market software market share.
  • China is anticipated to hold high growth potential with a CAGR of 13.2% during the forecast period.

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“Companies must consider whether developing a custom solution in-house will be more useful than a vertical market software solution. Adopting a solution as part of a broader technology package may also be an attractive technique for vertical market software companies. –  FMI Analyst

Competition Landscape in the Vertical Market Software Market 

The leading competitors in the global vertical market software market are investing in R&D initiatives to drive organic growth and expand their market shares. Vertical market software companies are developing new products in order to expand and reinforce their present portfolios and acquire new clients.

Furthermore, companies are also forming mergers and acquisitions and strategic alliances in order to develop technologically sophisticated solutions and obtain a competitive advantage over their competitors.

The top competitors in the Vertical Market Software market are DocuSign, Granular, Naviance, ROLLER Software, VStitcher, FeedZai, Kyndi, Jobandtalent, HubSpot, Owlin, Atos, SurveyMonkey.

Recent Developments in the Vertical Market Software Market:

  • Verisk Analytics, headquartered in Jersey City, and Constellation Software, headquartered in Toronto, are two vertical software companies with a combined market capitalization of more than $11 billion.
  • On August 22, 2022, ELLKAY launched CRM Archive for Customer Relationship Management Data Archiving.
  • On August 1, 2022, Yardi launched Customer-Centric CRM IQ.
  • The Featured Customers’ Top Customer Relationship Management (CRM) Software Vendors Customer Success Report Rankings for Spring 2022 were published on 05-Apr-2022.
  • On February 24, 2022, KLAS recognises Innovaccer Patient Relationship Management as a Leading CRM Solution.

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Key Segments Covered in the Vertical Market Software Market Report

By Software Type:

  • Banking Software
  • Education Software
  • Legal Software
  • Agriculture Software
  • Alumni Management Software
  • Amusement Park Software
  • Apparel Software
  • Architecture Software
  • Others

By Deployment:

  • Cloud-based
  • On-Premise

By Enterprise Size:

  • SMEs
  • Large Enterprises

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Japan
  • Middle East & Africa (MEA)

About Us

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   
T: +1-845-579-5705
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Digital Repeater Market Set to Witness an Uptick Size US$ 1,054 Mn from 2022 to 2032: Future Market Insights, Inc.

The worldwide digital repeater market is guage to be evaluated at US$ 1,054 Mn by 2032, up from US$ 462.2 Mn in 2022, progressing at a CAGR of 8.6% during the estimate time frame.

Repeater is characterized as a specialized gadget which goes about as a relationship between two radio administrators which gets signal and retransmit it to longer distances. Digital repeater comprises of parts like modem, mounting units, and UPS power supplies. Repeaters spread transmissions with the goal that the sign can reach to more extensive regions or got on the opposite side of an obstruction.

Digital repeater is utilized to communicate radio recurrence signals from a neighborhood cell tower into structures through a fiber dispersed recieving wire framework (DAS).

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After the establishment, digital repeater gives signal capacity to remote gadgets administrations in the structure to work efficiently.Digital repeater passes range expected by the remote specialist organization utilized in-building applications

Digital repeater line works digital sign handling (DSP) innovation to accomplish the most extreme degree of execution and adaptability. Modems utilized for repeater observing goes about as an entryway for repeater and different gadgets associated with it. It likewise gives a virtual nearby association with the repeater.

Digital Repeater Market: Market Dynamics

Unlimited spectrum agility, sharp filtering, high selectivity, custom filters, multiple frequency bands, flexibility, easy Installation and monitoring, advanced processing and network optimization and wider band digital processing technology are the drivers of digital repeater market

High costs, compatibility issues, complex permitting requirements, complex operation in multiple network architectures, traffic cannot be filtered to ease congestion etc. are the restraints of digital repeater market

Segmentation Overview

Digital Repeatermarket divided into three segments which include configuration, power requirements and end-user industries. By configuration, digital repeater market segmented into single band, dual band, tri band and quad band. By power requirements, digital repeater market segmented into ½ watt, 1 watt and 5 watts. By end-user industries, digital repeater market segmented into telecommunication, public safety, transportation, automobiles, education, energy & forestry, and utility.

Global Digital Repeater Market: Competition Landscape

Remotek Corporation, Motorola Solutions, Inc., Westell, Inc., Cellcom Telecommunications, Inc., Texas Instruments Incorporated, Coiler Corporation, Axell Wireless Ltd., Puget Sound Instrument Company, Inc. (psi company), Shenzhen Lianstar Technology Co., Limited, Cellular Specialties, Inc. (CSI), Telco Antennas Pty Ltd, BearCom Group, Inc. and Raytheon Anschutz GmbH.

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Digital Repeater Market: Regional Outlook

Geographically, North America is expected to dominate the digital repeater market owing to higher demand for digital repeaters in building applications and unlimited spectrum agility followed by Western Europe and Asia-Pacific in digital repeater market.

APEJ is anticipated to have significant growth over the forecast period owing to rapid developing network infrastructure, growing telecommunications volume, rising number of mobile users in developing nations such as China and India in this region.

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 includes projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology, and applications.

The report covers exhaustive analysis on

  • Global Digital RepeaterMarket Segments
  • Global Digital RepeaterMarket Dynamics
  • Historical Actual Market Size, 2012 – 2016
  • Global Digital RepeaterMarket Size & Forecast 2016 to 2027
  • Supply & Demand Value Chain for Digital RepeaterMarket
  • Global Digital RepeaterMarket Current Trends/Issues/Challenges
  • Competition & Companies involved in Digital RepeaterMarket
  • Digital RepeaterTechnology
  • Value Chain of Digital Repeater
  • Global Digital RepeaterMarket Drivers and Restraints

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Key Segments Profiled in the Digital Repeater Market Survey

By Configuration:

  • Single Band
  • Dual Band
  • Tri-Band
  • Quad Band

By Power Requirements:

  • ½ Watt
  • 1 Watt
  • 5 Watt

By End User:

  • Telecommunication
  • Public Safety
  • Transportation
  • Automobiles
  • Education
  • Energy & Forestry
  • Utility

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

About Us

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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200 Continental Drive, 
Suite 401, Newark, 
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T: +1-845-579-5705
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WAN Optimization Market Size To Reach US$ 2.1 Bn By 2032 | New Opportunities Planning By Future Market Insights, Inc.

The WAN Optimization Market revenues were estimated at US$ 1.1 Bn in 2021 and is anticipated to grow at a CAGR of 6.1% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 2.1 Bn.

The introduction of Information Technology has evolved in a paradigm change in the way firms function, with a focus on IT-based business goals. With varied technologies that enable speedy and safe data exchanges across the network, WAN has altered the corporate sector.

Enterprises are increasingly relying on WAN optimization solutions to manage their network system and get the most advantages in terms of network acceleration, broadband optimization, and sustainability.

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Furthermore, numerous multinational corporations have Strategic Business Units located globally. Employees of these firms operate on a single platform, where many employees working from remote locations struggle to provide adequate Quality of Service owing to inefficient bandwidth management on the network for using centralized apps. The widespread use of efficient wide area network technologies has created new opportunities for executing productive commercial operations across the Wide Area Network.

“During the projected period, the ever-increasing need for solutions that assist organizations in monitoring and managing network infrastructure systems will boost WAN Optimization market developments in the coming years.” comments a Future Market Insights analyst.

Competitive Landscape

The market is fiercely competitive, where key players are increasingly focused to obtain a competitive advantage. The key companies in the WAN Optimization Market are focused on R&D to produce innovative technological solutions.

  • In July 2020, Hewlett Packard Enterprise announced its plans to acquire Silver Peak, a US-based supplier of SD-WAN solutions. The US$ 925 Mn acquisition deal aims to broaden its selection of SD-WAN products.
  • In May 2019, Argon Consulting announced a partnership with Guerlain on a unique solution for speeding supply flows based on Sigfox IoT technology and a worldwide 0G network. Guerlain, a Perfumes and Cosmetics leader, is the first to employ this strategy.

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the WAN Optimization Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in WAN Optimization Market in terms of Component (Solutions and Services), Deployment (Cloud and On-Premises), End User (SMEs and Large Enterprises), and Vertical (BFSI, Healthcare, IT and Telecom, Manufacturing, Retail, Media & Entertainment, Energy, Education, and Others), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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Market Segments Covered in WAN Optimization Market Analysis

By Component:

  • Solutions
  • Services

By Deployment Type:

  • Cloud
  • On-Premises

By End User:

  • SME’s
  • Large Enterprises

By Vertical:

  • Banking, Financial Services, and Insurance
  • Healthcare
  • Healthcare
  • Manufacturing
  • Retail
  • Media & Entertainment
  • Energy
  • Education
  • Others

By Region:

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

About Us

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, 
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T: +1-845-579-5705
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Orthopaedic Imaging Equipment Market to cross USD 14.6 Bn by 2031, Says Future Market Insights

According to a recent study by Future Market Insights (FMI), the global orthopaedic imaging equipment market is expected reach US$ 9.8 Bn in 2021. Sales are expected to increase at a CAGR of around 4.0% over the forecast period (2021-2031).

Orthopaedic imaging equipment is the medical imaging equipment used for bone scanning, implants scanning and is utilized for diagnosis purposes. Different imaging technologies such as X-rays, MRI, ultrasound, EOS and nuclear imaging are included in Orthopaedic imaging equipment.

Rising prevalence of Orthopaedic diseases and bone injuries, technological advancement in Orthopaedic imaging equipment devices, and rise in research and development activities by key manufacturers are factors driving the Orthopaedic imaging equipment market.

Numerous medical imaging modalities are currently enabling three-dimensional (3D) visualization with accuracy, and rapid diagnoses. Advancements in 3D imaging have led to development in computer-assisted detection (CAD) and image analysis applications. This is expected to boost the market for modality, primarily in tomographic imaging techniques.

Moreover, surgeons are using 3D imaging to plan surgeries, which has led to increased application of these systems. This is expected to increase the utilization of imaging equipment, especially across the U.S. and the U.K.

Consequently, these devices are also gaining high traction in Asia such as China and India due to growing demand for better health care infrastructure. Improving healthcare infrastructure and technological developments in these countries will increase the demand for 3D medical imaging equipment.

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Key Takeaways from Orthopaedic Imaging Equipment Study

  • In terms of product type, the X-ray systems is expected to account for 28.0%, expanding at a CAGR of 3.3% during the forecasted period.
  • By indication, the acute injuries segment will contribute over 56.6% of sales in the global Orthopaedic imaging equipment market.
  • Hospitals and radiology centers will, collectively, account for 68.2% of the market share in 2021.
  • With the advancements in technologies as well as the increasing geriatric population, North America held the largest share of over 30.5% in 2021.
  • India and China are expected to lead the growth of South and East Asia in the global Orthopaedic imaging equipment market.

“Growing geriatric population, increasing incidence of bone fractures and orthopaedic illness, and increasing need for 3D medical imaging technology are expected to fuel the demand for Orthopaedic imaging equipment over the forthcoming decade,” says the FMI Analyst

Who is winning?

The key market players covered by FMI include General Electric Healthcare Limited, Siemens AG, Esaote SPA, Hitachi Ltd, Koninklijke Philips N.V, PLANMED OY, EOS imaging, Canon Medical Systems Corporation, Carestream Health and Neusoft Corporation.

Some of the leading manufacturers of the Orthopaedic imaging equipment market are focusing on the development of advanced and cost-effective products establishing distribution agreements, collaborations and partnerships strategies for global expansion objectives, thereby, enhancing their market presence.

  • In September 2021, GE Healthcare acquired BK Medical for $1.45Bn to expand its $3bn ultrasound business from diagnostics to surgical and therapeutic interventions.
  • In April 2016, Hitachi Ltd Company integrated Hitachi Medical Corporation and Hitachi Aloka medical into Hitachi Ltd to strengthen its manufacturing operations and to develop low-cost medical devices.

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Want more insights?

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 Orthopaedic Imaging Equipment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on Orthopaedic imaging equipment segment based on Product (X-Ray System, CT-Scanner, MRI System, EOS Imaging Systems, Ultrasound, Nuclear Imaging Systems), Indication (Acute injuries {Sports injuries, Trauma cases}, Chronic Disorders { Osteoarthritis, Osteoporosis, Prolapsed Disc, Degenerative joint diseases} and Others), and End User (Hospitals, Radiology Centers, Emergency Care Facility, Ambulatory Surgical Center) across seven major regions.

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ABOUT FUTURE MARKET INSIGHTS, INC.

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

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Portable Ultrasound Bladder Scanner Market to surpass USD 191.7 Bn by 2028, Says FMI

The global Portable Ultrasound Bladder Scanner Market was valued at US$ 126.3 Mn in 2021 and is expected to reach US$ 191.7 Mn by 2028. As per the findings of a new Future Market Insights (FMI) report, the global portable ultrasound bladder scanner market will thrive on the back of rising adoption of non-invasive diagnostic procedures in urology imaging.

Advancements in ultrasound bladder scanner reduce the chance of catheter-associated urinary tract infection (CAUTI), reduce the time for operating procedures with no sonographer required, thus driving the growth of the portable ultrasound bladder scanner market during the forecast period. Distribution channels are well established for portable ultrasound bladder scanner due to increase in demand from end users such as hospitals, diagnostic centers, clinics and ambulatory surgical enters.

The key players in portable ultrasound bladder scanner market are C. R. Bard, Inc., Verathon Inc., SRS MEDICAL SYSTEMS INC, Laborie Medical Technologies Inc., Echo Son SA, Signostics Inc., dBMEDx Inc., Sonostar Technologies Co., Limited, Caresono Technology Co., Ltd, and GE Healthcare Inc.

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Key Takeaways – Portable Ultrasound Bladder Scanner Market Study

  • The market share of 3D portable ultrasound bladder scanner devices is evaluated to grow at a significant rate by the end of 2028, as it provides high-end accuracy for measuring bladder volumes during urodynamics, thus surpassing the market of 2D portable ultrasound bladder scanner.
  • Sales of portable ultrasound bladder scanner are envisaged to be higher in the region of North America. The rising prevalence of urological diseases among women and increasing adoption of portable ultrasound bladder scanner for diagnosis application are few factors contributing to the growth of the portable ultrasound bladder scanner market in the region.
  • Portable US bladder scanners can be moved and carried to any location as and when required, due to its compact structure. One of the primary factors driving the portable bladder ultrasound scanner market is the accuracy and easy to use in both adults and children.

Technological advancements and well-established distribution network will accelerate the growth of portable ultrasound bladder scanner market in the following years. Furthermore, deeper penetration of internet and rapid E-commerce expansion will significantly support the growth of portable ultrasound bladder scanner sales.

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Portable Ultrasound Bladder Scanners Replacing Unnecessary Catheterization

Portable ultrasound bladder scanner has reduced the need for unnecessary catheterization, which also helps in the prevention of patients’ dignity and discomfort. Patients suffering from urological disorders opt for cardio portable ultrasound bladder scanner due to its less complex nature as compared to other diagnostic solutions. It also reduces the risk of catheter-associated urinary tract infection.

Such promising attributes facilitates the use of advanced portable ultrasound bladder scanners in hospitals, clinics, ambulatory surgical centers and others. Thus, enhanced patient care and addressing clinical challenges worldwide are expected to enhance demand for portable ultrasound bladder scanner during the forecast period.

Seeking More Information About Report Inclusions?

The portable ultrasound bladder scanner market, a new study from Future Market Insights, opines on the evolution of the portable ultrasound bladder scanner market from 2014 – 2021 and presents demand projections from 2022 – 2029 on the basis of product type (3D portable ultrasound bladder scanner, and 2D portable ultrasound bladder scanner), and end user (hospitals, diagnostic centers, clinics, and ambulatory surgical centers) in seven prominent regions.

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ABOUT FUTURE MARKET INSIGHTS, INC.

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

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!

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Future Market Insights, Inc.

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Saudi Arabia Pharmaceutical Market – Global Industry Analysis and Deeper Insights | FMI

The Saudi Arabia pharmaceutical market is estimated to be valued at US$ 5,209.5 Mn by 2016 end and is expected to expand at a CAGR of 9.0% over the forecast period (2016–2026). The significant rise in lifestyle-related diseases and the developments in healthcare infrastructure are expected to influence the demand for pharmaceuticals in Saudi Arabia. In 2016, the Saudi Arabia pharmaceutical market is anticipated to procure value worth US$ 5,209.5 Mn at a y-o-y growth of 6.0 % over 2015. The mounting demand for branded drug products will continue to incite the growth of the Saudi Arabian pharmaceutical market in 2016.

The demand for pharmaceuticals in Saudi Arabia is expected to register substantial growth owing to the increasing penetration of health insurance companies and the rising incidence rate of non-communicable diseases. Furthermore, the exceptional rise in the per capita income of Saudi Arabia is also expected to foster the demand for branded pharmaceutical drugs. Another key factor driving the growth of the pharmaceutical market in Saudi Arabia is the country’s strategic move to allow 100% FDI in the pharmaceuticals sector. Although, the shortage of profound indigenous research capacity in the pharmaceutical industry and the delayed registration of drug and medicine patents is expected to limit the expansion of the market in 2016 and beyond.

Based on the product type, the pharmaceutical market in Saudi Arabia is expected to witness an upsurge in the prescription-type branded drug products. In terms of market value, the branded drugs are estimated to reach US$ 2,760.8 Mn by 2016-end. The demand for generic drugs is projected to secure steady growth, attributing to the insisting promotion of generic drug adoption by healthcare insurance providers.

On the basis of the diseases, the pharmaceutical drugs used for treatment of cardiovascular diseases will continue exhibiting robust growth in 2016. The demand for cardiovascular medications will continue to surge due to the prominence of circulatory disorders in Saudi Arabia. Additionally, the rising prevalence of disorders related to body sugar levels is expected to make diabetes a rapidly growing disease-based sub-segment in the Saudi Arabia pharmaceutical market.

The pharmaceutical market in Saudi Arabia is also segmented on the basis of distribution channel, where retail pharmacies will continue to account for 80% market share compared to hospital pharmacies. The westernised modernisation of retail pharmacies in Saudi Arabia has led to the availability of a wide range drugs and medicinal products, thereby attaining a considerable growth in the retail pharmacy sub-segment in 2016 and further.

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The rising resource potential in Saudi Arabia is projected to positively reform the production environment for pharmaceutical manufacturers. In order to expand the market’s size, structuring alliances with well-established native companies is predicted to be a key strategy for global pharmaceutical leaders. The key players in the Saudi Arabia pharmaceutical market include Novartis AG, SPIMACO, Pfizer Inc., and Glaxosmithkline plc., Jamjoom Pharma,  and Tabuk Pharmaceutical Manufacturing Co. among others.

Long-term Outlook: The Saudi Arabia pharmaceutical market is expected to expand at a CAGR of 9.0% over the forecast period 2016-2026. In terms of market value, the pharmaceutical market in Saudi Arabia is estimated to be worth US$ 12,281.4 Mn by the end of forecast period.

Key Segments Covered

Product Type:

  • Prescription Products
    • Branded Drugs
    • Generic Drugs
  • Over The Counter (OTC) Products

Disease Type:

  • Cardiovascular Diseases
  • Diabetes
  • Cancer
  • Obesity
  • Infectious Diseases
  • Other Diseases

Distribution Channel:

  •  Hospital Pharmacies
  • Retail Pharmacies

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Table of Content

  1. Research Methodology
  2. Assumptions & Acronyms
  3. Executive Summary
  4. Saudi Arabia Pharmaceutical Market Overview

4.1. Definition

4.2. GCC Pharmaceutical Market Overview

4.3. Value Chain Analysis

4.4. Trade Associations and Trade Fairs

4.5. PESTLE Analysis

4.6. Saudi Arabia Pharmaceuticals Market Overview, 2015–2026

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ABOUT FUTURE MARKET INSIGHTS, INC.

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

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!

Contact:

Future Market Insights, Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

Enquiries: sales@futuremarketinsights.com

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Platelet Rich Plasma (PRP) Market 6% CAGR through 2031 – Exclusive Report by FMI

In a recent market survey, ESOMAR-certified consulting firm Future Market Insights (FMI) forecasts an impressive growth outlook for the platelet-rich plasma (PRP) market share. The market valuation reached US$ 370.78 Mn in 2021 and is poised to expand at a 6% CAGR through 2031.

Growth registered in the platelet-rich plasma market is attributable to increasing applications of PRPs in various procedures such as cosmetic, orthopedic, neurological, and maxillofacial treatments. Increasing awareness regarding the advantages of platelet-rich plasma in wound healing and tissue regeneration will further propel sales in the market.

PRP is being widely used in cosmetic surgeries aimed at improving facial structure and aesthetics, such as skin texture, and color. In addition, PRP is gaining wide acceptance as a key ingredient used in microneedling, botox treatments, acne scar removal, and laser treatments, which is spurring demand in the market.

Besides this, usage of PRPs in orthopedic treatments is fostering market sales, owing to its cost-effectiveness and negligible side effects. PRPs are increasingly finding application in joint pain treatment, cartilage reconstruction, fracture treatments, and other arthritic treatments.

With rising incidence of cosmetic procedures and sports-related injuries in countries including the U.S, the U.K., and Germany, the market is anticipated to garner significant revenue over the forecast period.

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Intensive research and development, coupled with the prevalence of leading market players will further augment platelet-rich plasma market growth, with expansion at 12.4% by volume.

Additionally, growing investments in healthcare infrastructure and increasing disposable income will provide tailwinds to platelet-rich plasma sales in counties such as India, China, Brazil, and South Korea, shaping the demand outlook positively.

“Growing use of platelet-rich plasma in chronic wound healing, cosmetology, and orthopedic procedures, along with product innovations by leading market players will augment market growth in the upcoming years,” says an FMI analyst.

Competitive Landscape

Harvest Technologies Corp., Zimmer Biomet Holdings Inc., Arthrex, Inc., Arteriocyte Medical Systems, Inc., Dr. PRP America, Cesca Therapeutics, Inc., and Regen Lab SA are among the prominent players operating in the global platelet-rich plasma market. As per FMI’s analysis, tier-1 players will account for 15-20% of the total market share.

Growth strategies leveraged by top manufacturers of platelet-rich plasma include strategic partnerships, mergers, acquisitions, and collaborations to launch innovative PRP treatment methods in the market. For instance:

  • In July 2021, Arthrex Inc. announced an exclusive partnership with Celularity Inc., a USA-based biotechnology company to distribute and commercialize Celularity Inc.’s biomaterial products for orthopedic procedures and sports medicine.
  • In September 2019, Cesca Therapeutics Inc., a global leader in autologous cell therapies for regenerative medicine, and ThermoGenesis, Cesca’s wholly owned device subsidiary, announced a global distribution agreement in which the company will supply its X-series cell processing products to major life science distributors to expand its global footprint.

 

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Key Takeaways from Platelet Rich Plasma Market Survey

  • Based on product type, pure platelet-rich plasma (P-PRP) will dominate the segment, due to advanced wound healing properties and cost-effectiveness.
  • Autologous platelet-rich plasma will account for maximum sales in the origin segment, with high applications in treatment of nonhealing ulcers.
  • In terms of application, cosmetic procedures, surgical and non-surgical, will dominate the segment.
  • The U.S. is projected to lead sales of platelet-rich plasma due to increasing incidence of cosmetic surgeries in the country.
  • The U.K. will provide lucrative growth opportunities for leading players with intensive research and development in the country aimed at PRP product innovation.
  • Germany will emerge as a profitable market for global and regional players, owing to an influx of patients seeking PRP-based treatments in the country.
  • Increasing investments in healthcare infrastructure in India, along with growing awareness regarding advantages of PRP will augment market growth.
  • Japan and South Korea will account for 5% of the total market share.

More Insights on the Platelet Rich Plasma Market

In its latest report, FMI offers an unbiased analysis of the global platelet-rich plasma market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (pure platelet-rich plasma, leukocyte platelet-rich plasma, leukocyte platelet-rich fibrin), origin type (autologous, homologous, and allogenic), application type (orthopedic surgery, cosmetic surgery, general surgery, neurosurgery and other surgeries including urological, cardiothoracic, periodontal, oral and maxillofacial), and across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

Platelet Rich Plasma Market by Category By Product Type:

  • Pure-Platelet Rich Plasma (P-PRP)
  • Leukocyte-Platelet Rich Plasma (L-PRP)
  • Leukocyte-Platelet Rich Fibrin (L-PRF)

By Origin Type:

  • Autologous
  • Homologous
  • Allogenic

By Application Type:

  • Orthopedic Surgery
  • Cosmetic Surgery
  • General Surgery
  • Neurosurgery
  • Other Surgeries (Urological, Cardiothoracic, Periodontal and Oral and Maxillofacial)

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ABOUT FUTURE MARKET INSIGHTS, INC.

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

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!

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Christiana Corporate, 200 Continental Drive,

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T: +1-845-579-5705

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Protein A Resins Market: Overview, Data Updates, Reports Analysis & Forecast | FMI

According to a recent study by Future Market Insights (FMI), the global protein A resins market is expected to witness high growth during the forecast period. The market is expected to grow from US$ 536.6 Mn in 2020 to over US$ 1.2 Bn by 2031. This reflects a cumulative CAGR of around 8.1% over the forecast period (2021-2031).

Increasing researches conducted on monoclonal antibodies are driving demand for protein A resin. Since the commercialization of the first therapeutic monoclonal antibody in 1986, till May 2021, around 100 monoclonal antibody products have been approved by the U.S. FDA and European Medical Agency for the treatment of various diseases such as cancer.

Monoclonal antibody therapy for the treatment of mild to moderate COVID-19 in patients has also been approved by the FDA under Emergency Use Authorization (EUA).

Studies on monoclonal antibodies have indicated that more monoclonal antibody therapies are in the process of getting FDA approval and can be marketed in the near future to cater to rising demand in the global life sciences industry. Thus, increasing research on monoclonal antibodies (mAb) is expected to fuel the demand and utilization of protein A resin for purification and precipitation purposes.

For the purification of monoclonal antibodies (mAb), different technologies are available which includes membrane chromatography, mixed chromatography, and aqueous two-phase extractions (ATPS). However, protein A resin holds the top position for the purification of mAbs.

With many industries facing issues of leaching of ligand and resistance during the commercialization of monoclonal antibodies (mAbs), the availability of next-generation protein A resins with improved purification conditions, such as alkaline-stability, and with very low ligand leaching, is expected to increase the production and throughput demand for protein therapeutic processes.

Furthermore, in June 2018, Purolite Life Sciences launched a novel next-generation Protein A agarose resin, Praesto Jetted A50. GE Healthcare, in 2017, introduced a next-generation protein A resin, MabSelect PrismaA, which was designed to enable biopharma manufacturers to improve their mAb purification capacity by up to 40% over GE Healthcare’s existing protein A affinity medium. These product launches are expected give tailwinds to growth registered in the market.

Such developments not only strengthen the company’s existing portfolio but also help to increase their presence at the regional as well as global level.

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Key Takeaways from Protein A Resin Study

  • By product, the natural protein A resin hold the maximum share of 62.8% in 2021. Natural protein A is derived from a bacterial cell of the staphylococcus aureus species and mainly used in the purification of monoclonal antibodies.
  • By matrix, the agarose based matrix of protein A resin account for 85.8% of the market share in 2021 indicating the highest demand, offering high binding specificity when in comparison to other matrices and are widely used for the attachment of ligands that bind proteins.
  • By application, the antibody purification of protein A resin segment will account for 74.8% of the market share in 2021.
  • By end user, the biopharmaceutical manufacturers will account for 79.2% of the market share in 2021.
  • By region, North America held the largest share of 35.7% of the global protein A resins market in 2021.
  • The U.S. will emerge as a leading market in North America, while growth registered in Europe will be spearheaded by Germany and the U.K.

Increasing demand of protein A Resins for biologics production including monoclonal antibody and biosimilars is expected to drive the demand of protein a resin over the decade. To capitalize on existing opportunities, market players are expected to push investment towards product launches and research initiatives,” says the FMI Analyst

Who is Winning?Some of the leading manufacturers of protein A resin market are focusing on product launch collaboration and partnership strategies for global expansion objectives, thereby, enhancing their market presence.

  • In August 2021, Danaher Corporation acquired Aldevron and stated that Aldevron will work as a stand-alone operating firm and brand within the life sciences segment of Danaher to provide a vast range of custom biologic services, including plasmid DNA production, mRNA production, and antibody development.
  • On 11 February 2021, Thermo Fisher Scientific Inc. started the online offering of its essential Thermo Scientific Dionex Easion and Thermo Scientific Dionex Aquion Ion Chromatography (IC) systems through easy online ordering.  This step was undertaken in order to reduce the in-person transaction during the pandemic.
  • In October 2020, Kaneka Corporation collaborated with the biomedical research institute “de Duve Institute” of the University of Louvain, wherein they signed a research collaboration agreement in order to develop innovative biomedicine production technologies and strengthen and expand the company’s current biomedicine CDMO business.
  • In April 2020, Bio-Rad Laboratories, Inc. launched a blood-based immunoassay kit to identify antibodies to the coronavirus SARS-CoV-2, the virus associated with COVID-19.

The key market players covered by FMI include :

  • GE Healthcare
  • Thermo Fisher Scientific
  • Kaneka Corporation
  • JNC Corporation
  • Purolite Life Sciences
  • Bio-Rad Laboratories Inc.
  • JSR Corporation (JSR Life Sciences LLC)
  • Repligen
  • Tosoh Bioscience
  • Merck Group (Merck Millipore)
  • Novasep Holdings SAS
  • Agilent Technologies Inc.
  • GenScript
  • Abcam PLC (Expedeon Ltd.)
  • Avantor Inc.
  • Takara Bio
  • PerkinElmer Inc.
  • Suzhou Nanomicro Technology Co. Ltd.

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Key Segments:

Product:

  • Natural Protein A Resin
  • Recombinant Protein A Resin

Matrix:

  • Agarose Based Matrix
  • Glass or Silica Based Matrix
  • Organic Polymer Based Matrix

Application:

  • Immunoprecipitation
  • Antibody Purification

End User:

  • Biopharmaceutical Manufacturers
  • Clinical Research Laboratories
  • Academic Institutes

Region:

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

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ABOUT FUTURE MARKET INSIGHTS, INC.

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

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!

Contact:

Future Market Insights, Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

Enquiries: sales@futuremarketinsights.com

LinkedIn| Twitter| Blogs