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According to a Future Market Insights (FMI) analysis, the fire extinguisher market is anticipated to reach a value of over US$ 3.6 billion in 2021 and grow at a CAGR of 5.7% from 2021 to 2031. Demand is anticipated to increase over the forecast period as a result of increased applications of fire extinguishers in the industrial and commercial sectors as well as the implementation of strict regulations and building codes.

On the other hand, the ongoing COVID-19 pandemic crisis has had a sizable effect on the world economy. Supply chain networks and manufacturing activities have consequently been completely shut down. Additionally, this has negatively impacted the fire extinguisher market’s overall operations.

The market is however expected to witness lucrative opportunities during the forecast period owing to increasing demand from commercial and industrial sectors. New unit sales and replacement/retrofit jobs will contribute to growth.

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Increasing regulations for building design codes in the residential sector will also generate gains in the coming decade. Moreover, manufacturers are investing in R&D activities to offer innovative and technologically advanced product offerings. These factors are expected to positively influence the growth in demand for fire extinguishers during the forecast period.

Key Takeaways of the Fire Extinguisher Market Study

• Carbon dioxide extinguishers will account for the leading market share of over 30%, on the back of easy access to raw materials and efficacy in fire control.
• Dry chemical fire extinguishers are increasingly adopted, due to their superior efficiency in draught-free conditions.
• Germany will emerge as a key market for fire extinguishers on the back of the implementation of stringent codes for ensuring better safety in buildings.
• The U.S. dominates the North American market, accounting for over 80% of sales in the region.
• China will lead the East Asia market, exhibiting a growth rate of over 6.5% CAGR through the assessment period.

 “With the ever-evolving requirements of the global construction industry, demand for fire safety equipment has grown rapidly. Fire extinguishers in particular, have been at the center of these developments in terms of economically feasible solutions. Innovative product offerings have been important for manufacturers to gain competitive benefits,” says an analyst of Future Market Insights.

Competitive Landscape

The fire extinguisher market is highly fragmented. The penetration of local and regional players makes this market highly competitive. Companies operating in the market are trying various strategies to gain a competitive edge while maintaining their longstanding relationships with several equipment distributors and end-users.

Some of the key players in the market include but are not limited to Kidde, AMEREX CORPORATION, Hochiki Corporation, NAFFCO FZCO, DESAUTEL SAS, HATSUTA SEISAKUSHO Co. Ltd, Yamato Protec Corporation among others.

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The research report analyzes the market demand trends of the fire extinguisher market. The global market estimation and growth projection are based on factors like end-use industries development, COVID-19 crisis impact, replacement ratio, and adoption rate of fire extinguishers. As per Future Market Insights’ research scope, the fire extinguisher market has been studied and segmented based on pipe size, application, construction material and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market on both, the supply side and demand side.

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About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10 years.

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The report analyses 20+ high-growth markets and provides detailed information on Refrigerated Display Cases Market growth will evolve in the next decade. Increasing refrigerated display case sales are set to enable the market’s valuation to reach US$9.6 Bn in 2021. Future Market Insights (FMI) in a study has predicted stable, long-term growth for the market.

The refrigerated display cases (RDC) market has been registering high growth for the last few years. This growth is projected to continue over the coming years due to increasing demand from the food retail sector. The increasing population and rapid urbanisation in emerging economies will create significant opportunities for growth in the next few years.

Refrigerated display cases are mostly used in retail stores and the food and refreshment industry, for example, general stores and hypermarkets, supermarkets, eateries, hotels and non-routine outlets. RDCs help to attract customers through an attractive visual display of food and drink products.

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The refrigerated display case market’s immediate and long-term growth prospects remain positive.According to the report, the retail food and beverage sector will continue to account for over 70% of sales of refrigerated display cases through the forecast period.

The introduction of high-performance and connected refrigerated display cases with real-time cloud access and maintenance will create lucrative growth opportunities. In the coming years, the market will also benefit from the launch of low GWP refrigerants aimed at lowering environmental challenges.

Key Takeaways

• Expansion of supermarkets and hypermarkets will remain a chief growth driver, enabling the market to rise at a 5% CAGR between 2021 and 2031.
• Rising demand for ready-to-eat food is fuelling refrigerated display case sales across supermarkets and hypermarkets in the U.S. The country is expected to account for over 70% of the North American market.
• Expansion of the food service sector will enable growth in Germany and France.
• The U.K. will emerge as a strong market, exhibiting 8% y-o-y growth in 2021 after a period of decelerating sales in 2020.
• While China currently holds dominance, Japan will emerge as the leading market in East Asia, backed by rising demand for packaged food.

“Recent developments in the food service and food retail sectors are creating lucrative prospects for the market. Consumers’ inclination towards add-on features like real-time maintenance, remote access, and others is increasing, which is expected to provide tailwinds to growth. In order to woo end users, manufacturers are therefore providing competitive price offerings and advanced technologies, “says FMI analyst.

The implementation of stringent government norms and regulations on the use of refrigerant for cooling is estimated to create high growth avenues for the refrigerated display case market. The increasing focus on eco-friendly and sustainable refrigerated display cases in developed and developing economies across the globe is creating growth opportunities.

Competitive Landscape

The refrigerated display cases market is fairly competitive, with key players accounting for over two thirds of the overall market value. These players are likely to invest in new technological developments and the expansion of their networks in order to maintain their market share.

The refrigerated display cases market is fairly competitive, with key players accounting for over two thirds of the overall market value. These players are likely to invest in new technological developments and the expansion of their networks in order to maintain their market share. Some of the key players in the market are Carrier Corporation, Frigoglass SAIC, Epta S.p.a. Refrigeration, Dover Corporation, Haier Group, Arneg S.p.A, Illinois Tool Works, Daikin Industries, Ltd., Fagor Industrial, and others.

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The cooled display case market is likely to grow at a moderate pace during 2021–2031. However, as it is a mature market, companies are expected to concentrate further on research and development activities. Collaboration, mergers, and acquisitions with regional companies will continue to be key strategies used by market players seeking to expand their presence in the regional market.

Get Valuable Insights into the Refrigerated Display Cases Market Report.

Future Market Insights, in its new offering, provides an unbiased analysis of the global refrigerated display case market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021–2031. The refrigerated display cases market study uncovers convincing bits of knowledge based on type (plug-in, semi-plug-in, and remote), design (vertical, horizontal, and hybrid), and end user (food service sector and retail food and beverages sector) across six key regions.

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10 years.

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According to recently released data from FMI, the North American market for barcode scanners is anticipated to be worth US$7.6 billion in 2021. The market is expected to grow at a CAGR of more than 7.6 percent between 2021 and 2031. Over the course of the assessment period, it is anticipated that the demand for barcode scanners will rise as the healthcare sector expands.

Future Market Insights (FMI) in its latest report titled “Barcode Scanner Market: Global Industry Analysis and Opportunity Assessment, 2021–2031” reveals that the use of barcode technology is rapidly rising in both retail and manufacturing industries. Barcode scanners have become one of the best solutions for recording product information without making any major manual effort.

Currently, barcode solutions are being used across various domains owing to their exponential capabilities in systematically recording information such as product count, date of manufacturing, the date on which the product was supplied to the retailer, and selling price. Moreover, the emergence of e-commerce and intra-regional markets that offer specialised services to a wide range of sectors has further expanded its application base.

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The technological advantages and cutting-edge features of barcode scanners are also making them popular in the healthcare industry. Barcode technology can help rectify medication errors, and medical practitioners and physicians can easily get information about medicines as well as their manufacturing dates.

The global barcode scanner market is estimated to be worth US$7.6 billion in 2021, according to FMI. The market is expected to register robust growth on the backdrop of healthy demand from retail, e-commerce and logistics, healthcare, and manufacturing sectors.

The advent of barcode technology has greatly reduced the hassles of tracking supply and commodity sales records for retailers across the globe. Over the years, technology has been consistently improved and made more efficient.

Additional highlights of the report include:

The laser-based scanner is expected to remain the prime technology. Laser scanners are widely used in regions with established manufacturing and retail sectors, such as Western Europe and North America. By 2021-end, laser scanners are estimated to account for 32.3% revenue share of the market and will continue to be the most preferred barcode reader technology throughout the assessment period.

However, the camera-based reader is anticipated to see fast adoption as these scanners are innovative and configured with advanced 2D imaging technology. Based on product type, portable/handheld scanners are expected to remain the top choice of barcode scanners amongst consumers over the forecast period.

Owing to characteristics such as faster print speeds and versatility, demand for portable/handheld barcode scanners is rapidly increasing in various parts of the world. The use of barcode scanners in the retail and commercial sectors continues to be the highest and is expected to account for a major chunk of revenue over the forecast period. Meanwhile, the healthcare industry is swiftly adopting barcode technology as well.

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Market players are targeting APEJ as their key sales region. Some of the leading companies profiled in the FMI report are Zebra Technologies Corporation, Honeywell International Inc., DataLogics S.P.A, Cognex Corporation, OCOM Technologies, Wasp Barcode Technologies, JC Square Inc., SATO Holdings Corporation, Scandit AG, and Toshiba TEC Corporation.

Amongst regions, markets in the Asia Pacific excluding Japan (APEJ) and North America are expected to exhibit high growth potential. In APEJ, China and India are projected to achieve impressive growth in their barcode scanner markets. By 2017-end, the region is projected to account for a revenue share of 29.5%, which is expected to increase to 33.8% towards the end of the forecast period.

Market Segmentation for Barcode Scanners

Sorted by Product Type

• Portable/Handheld
• Rugged Scanners
• PDA Scanners
• Automatic Readers
• Others
• Fixed Position
• Stationary Scanners
• Presentation Scanners
• Automatic Readers
• Others

By Application

• commercial and retail
• General Manufacturing
• Healthcare
• Logistics & Warehousing
• Commercial Aviation
• Defence
• Others

By Technology

• A Pen Type Reader
• Laser Scanner
• CCD (Charge Coupled Device) Readers
• Camera-Based Reader
• The Omni Directional Barcode Scanner
• Smartphone-Based Scanner
• RFID (Radio Frequency Identification Technology)

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• MEA

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10 years.

Contact Us:

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According to FMI, in the Asia Pacific region, heat pumps will dominate the market for, followed by North America. By the end of 2030, it is anticipated that APAC and North America will hold a combined revenue share of 73.9 percent of the global market.

According to Future Market Insights (FMI), by the end of 2022, the heat pump market will have grown by 3.6 percent annually, reaching a value of about US$ 33,156 Mn.

The initial reduction of energy consumption and carbon emissions from such devices is recognised as a key market driver for heat pumps. Greater residential and construction investment will open up new markets for heat pump suppliers. Between 2022 and 2030, the market is anticipated to grow at a significant rate (CAGR) of 5.4 percent.

The Heat Pumps market in China is expected to rise at nearly 6.7% CAGR over the forecast period. China, one of the largest markets in Asia-Pacific to generate high demand for heat pumps in all three sectors including commercial, residential and industrial. Heat pumps can effectively use clean energy for heating, so they have been widely used in China. The country is expected to reach a value of about US$ 21,011.7 Mn by 2030.

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Amidst the health crisis, cooling as well as heating systems are critical to fulfilling the immediate needs of consumers, such as providing thermal comfort in hospitals and homes, preserving food and medicines, and keeping data centres running. In line with this, refrigeration and heat pumps are essential for consumers.

As the world attempts to fight the COVID-19 pandemic, it has led to delayed production across several heat pump production facilities in major coronavirus-hit countries such as the US, China, and Germany, This is expected to dampen heat pump sales by around US$ 1 Bn in 2022.

Moreover, the COVID-19 pandemic will significantly impact consumer behaviour in the short term, with domestic shipments from China for air source heat pumps (ASHPs) registering drop of over one-third in January 2022.

The heat pumps market will witness v-shaped recovery growth, owing to the rising inclination toward innovative construction solutions, especially in countries such as India, China, and Mexico.

Key Takeaways from Heat Pumps Market Study

• Air-water heat pumps are finding immense use in domestic hot water, floor heating, and space heating/cooling applications.
• Heat pumps having flexible or twin-speed features to reduce energy consumption and improve overall efficiency throughout are likely to garner substantial traction over the forecast period.
• Demand for CO2 refrigerant heat pumps is expected to increase, given its excellent recyclability, low cost, and environment-friendly attributes.
• Hybrid heat pumps are likely to see a significant rise in adoption, owing to their high efficiency, lower energy consumption, and cost-effectiveness as compared to other heat pumps.
• Air-source heat pumps continue to grab the huge attention of market players, owing to their low installation cost and high demand in North America and Western Europe.

“As the world moves towards sustainable and green energy solutions, heat pumps are expected to replace conventional heating systems rapidly in the near term. In addition, the ongoing coronavirus (COVID-19) spread can alter how companies organize their supply chains in the coming years, with more stress being played on decentralization”.

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Heat Pumps Market: Competitive Landscape

The study provides vital insights of the competitive landscape in the heat pumps market, along with various strategies adopted by prominent players. The heat pump market is fairly competitive, with manufacturers offering identical products. Some of the key manufacturers in the heat pump market are Panasonic Corporation, Mitsubishi Electric Corporation, Daikin Group, NIBE Group, and Danfoss Group Global.

Market participants are investing in R&D activities to develop new products with better energy efficiency, and are also focusing on providing aftersales services.

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10 years.

Contact Us:

Future Market Insights, Inc

Unit No: 1602-006

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Plot No: JLT-PH2-X2A

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Smart pulse oximeter is one of the fastest growing product type in the vital sign monitoring devices segment. Smart pulse oximeter is a non-invasive medical device used to measure the oxygen saturation level and heart rate in human. Smart pulse oximeter is a clip like device also known as a probe and is placed on body parts such as fingertip or ear lobe to measure the heart rate and oxygen level.

It uses infrared light to measure the oxygen level and heart rate. The measurement of oxygen level and heart rate are very important while performing surgeries and injecting the anaesthesia, because the changes in the oxygen level in such a conditions may cause life threatening effects.

Smart pulse oximeter also used to check the human health with a conditions such as heart attack, heart failure, chronic obstructive pulmonary disease (COPD), anaemia, lung cancer and asthma. However, the readings of smart pulse oximeter may not accurate in peripheral vascular diseases.

Smart pulse oximeters products market is segmented into handheld pulse oximeters, finger pulse oximeters, paediatric pulse oximeters and wrist pulse oximeters.. Hand held smart pulse oximeters are useful for pilots to check the oxygen level when they are operating at above 10,000 feet.

These devices are also useful to the mountaineers and athletes to check the oxygen level. Paediatric pulse oximeters mainly used in the hospitals and these devices are separately designed to measure the oxygen saturation level and heart rate in the infants.

The use of pulse oximeter in the home care settings has expanded over the last few years and is expected to register a healthy growth rate during the forecast period

Over the past few years, leading players in the vital sign monitoring devices segment are manufacturing devices with new technology such as Bluetooth which displays the readings in the smartphone. Moreover, the availability of cost effective smart pulse oximeters are the factors driving growth of overall smart pulse oximeter market., World Health Organization (WHO) started safety pulse oximetry project to improve the health in middle-income countries also expected to boost the smart pulse oximeter market.

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Increasing incidence rates of trauma conditions and increasing prevalence of heart related diseases are also expected to drive the smart pulse oximeter market. However, availability of high end devices to measure the heart rate is expected to hamper the overall market.

Depending on geographic region, Smart Pulse Oximeter Market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is estimated to contribute maximum revenue share in the global market of smart pulse oximeter followed by Europe.

Asia Pacific regions are expected to grow at a higher growth rate owing to high occurrence of chronic disease. Middle East & Africa is expected to show a healthy growth rate during forecast period.

Smart Pulse Oximeters Market: Key Players

Key players of smart pulse oximeter market are Nonin Medical Inc, Shenzhen Creative Industry Co.,Ltd, iHealth Labs Inc. Indiegogo, Inc., Technocare Medisystems, Contec Medical Systems Co.,Ltd., and Masimo

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology, material and applications.

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The report covers exhaustive analysis on

• Smart Pulse Oximeter Market Segments
• Smart Pulse Oximeter Market Dynamics
• Historical Actual Market Size, 2014–2015
• Smart Pulse Oximeter Market Size & Forecast 2016 to 2026
• Supply & Demand
• Smart Pulse Oximeter Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain
• Smart Pulse Oximeter Market Drivers and Restraints

Regional analysis includes

• North America
• Latin America
• Europe
• Asia Pacific & Japan
• The Middle East and Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Smart Pulse Oximeters Market Smart

pulse oximeter market has been segmented on the basis of product type, and end user

Smart Pulse Oximeter Market, by Product Type

• Finger Pulse Oximeter
• Handheld Pulse Oximeter
• Paediatric Pulse Oximeter
• Wrist Pulse Oximeter

Smart Pulse Oximeter Market, by End User

• Hospital
• Ambulatory surgical centres
• Home Care Setting

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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Cell harvesting is a technique of collecting stem cells for regenerate, transplant or repair the damaged organ with healthy functioning ones.

Cell harvesting is considered as an important step in biopharmaceutical manufacturing industry that can directly affect the product quality and related downstream processes. Stem cells harvesting helps in treating with diseases namely cancers, blood disorders, immune deficiency diseases and various injuries.

This therapy is also beneficial for burn victims which help them in grafting new skin cells as a replacement for damaged ones. Many companies are focusing on regeneration of myocardial tissue by injection of cell graft consist of adult stem cells from the patients for manufacturing regenerating medicines.

For the treatment of eye diseases new healthy cells are also be grown. For harvesting bone marrow a companies are manufacturing devices with passive flexible drilling unit and suction mechanism which will help in reducing the invasiveness of bone marrow transplantation.

Cell harvesting system helps in reducing the invasiveness of bone marrow aspiration from the iliac bone with less punctures. Moreover, helps in reducing procedure time and contamination by T-cells.

Cell Harvesting Systems Market: Drivers and Restraints

Cell Harvesting Systems Market are witnessing maximum growth owing to increase bone marrow transplantation procedures attributed to high prevalence of blood cancer and anemia.

Moreover, improving healthcare expenditure, survival rate after treatment, increasing investment in logistic services, expansion bone marrow transplant registry for heart along with neuronal disorders and growing per capita healthcare expenditure.

However, high cost of cumbersome treatment, lack of reimbursement policies, immunological rejection, viable cell density, and identification of stem cells in adult tissues, and complications during cell harvesting and inadequate number of HSCs cells for transplantation is a major barrier to the cell harvesting systems market.

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Cell Harvesting Systems Market: Overview

Cell harvesting systems market witnessed substantial growth owing to equipment efficacy and accuracy during stem cells harvest. By application type, bone marrow aspiration is anticipated to hold the major share in the cell harvesting systems market owing to less process error, safe and simple procedure and less side effects.

People suffering from Leukemia eligible for bone marrow transplant, is expected to contribute highest share in the global cell harvesting systems market. Cell harvesting systems helps in enhancing proper pigmentation in scar reconstruction which encourage companies for continuous technology advancement in both cell isolation techniques and downstream purification processes.

Cell Harvesting Systems Market: Region-wise Outlook

Depending on geographic region, cell harvesting systems marketis segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. Asia Pacific dominates the cell harvesting systems marketfollowed by Europe, Japan and North America owing to high concentration of bone marrow stem cells harvesting centers and registries along with skilled doctors for the process of harvesting stem cells in these regions.

Asia Pacific, Middle East and Africa hold huge potential and shows substantial growth in terms of wide acceptance of new technologyowing to awareness among population, increasing healthcare expenditure along with high number of potential candidate for the procedure.

Cell Harvesting Systems Market: Key Players

Key players of cell harvesting systems market are PerkinElmer Inc. Tomtec, Bertin Technologies, TERUMO BCT, INC., hynoDent AG, Avita Medical, Argos Technologies, Inc., SP Scienceware, Teleflex Incorporated., Arthrex, Inc., Thomas Scientific, BRAND GMBH

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology, material and applications.

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The report covers exhaustive 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, Argentina)
• Western Europe (Germany, Italy, U.K, Spain, France, Nordic, Rest of Western Europe)
• Eastern Europe (Russia, Poland)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. 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.

Get In Touch With Our Team For 20% Flat Discount:

https://www.futuremarketinsights.com/reports/brochure/rep-gb-1754

Cell Harvesting Systems Market:Segmentation

The cell harvesting systems market has been classified on the basis of techniques, application and end user.

Based on techniques, the cell harvesting systems market is segmented into the following:

• Altered Nuclear Transfer
• Blastomere Extraction

Based on application, the cell harvesting systems market is segmented into the following:

• Bone Marrow
• Peripheral Blood
• Umbilical Cord Blood
• Adipose Tissue

Based on end-user, the cell harvesting systems market is segmented into the following:

• Research Centers
• Academics Institutes
• Diagnostic Labs
• Hospitals

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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Diagnostic imaging is a process of imaging human body with the help of various imaging services. These services includes several technologies, techniques, and equipments to monitor, diagnose, screen, and treat medical conditions for effective medical intervention.

Diagnostic imaging has improved the ability of doctors to treat, diagnose, and detect an injury or disease precisely at an initial stage. In addition, diagnostic imaging services are used to provide information associated with a specific area of the body to be treated or studied.

Various advancements in imaging techniques in the field of modern medicine have facilitated the acquisition of information related to the human body for clinical interventions. In addition, advancement in imaging provides physicians with new tools to improve care in innovative ways. Increasing prevalence of chronic diseases across globe and growing demand for its diagnosis has encouraged diagnostic imaging companies to develop new and improve the existing services.

Diagnostic Imaging Services Market: Drivers and Restraints

Increasing geriatric population and prevalence of chronic diseases, rising awareness for early diagnosis of diseases, technological advancement, widening application of diagnostic imaging devices, and increasing funding from government bodies are the factors to fuelling growth of diagnostic imaging services market.

However, increased risk of cancer owing to exposure to radiation, high cost of diagnostic procedures, and shortage of helium for magnetic resonance imaging systems are major concerns for the global diagnostic imaging services market.

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Diagnostic Imaging Services Market: Market Overview

Research study conducted by WHO indicates that diagnostic imaging, especially, X-ray based examinations is crucial in variety of medical settings. Thus, X-ray segment of the global diagnostic imaging market is expected to have highest market share over the forecasted period.

Medical and clinical assessment can be done prior to prescribing the treatment, but diagnostic imaging services supports confirmation and correct assessment of disease in calculating responses to particular treatment. Effective and qualitative diagnostic imaging is important for making medical decisions.Thus, improved health care policy and increasing demand for global diagnostic imaging procedures will drive the global diagnostic imaging services market with significant CAGR over the forecasted period.

Diagnostic Imaging Services Market: Region-wise Outlook

Geographically, the global diagnostic imaging services market is classified into seven key regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific Excluding Japan (APEJ), Japan, and Middle East & Africa (MEA). In the geographical perspective, North America is leading market for global diagnostic imaging services owing to rising prevalence of chronic diseases and injuries, and increase in geriatric population in the region.

In addition, APEJ is expected to show high growth rate in global diagnostic imaging services market owing to increasing familiarity among patients about several diagnostic procedures. The key driving forces fuelling growth of diagnostic imaging services market in developing countries like India and China are the large pool of patients, increasing awareness about the disease, improving healthcare infrastructure and rising government funding in the countries.

Diagnostic Imaging Services Market: Key Players

Key companies operational in global diagnostic imaging services market include Siemens Healthcare GmbH, Hitachi, Ltd., Carestream Health, TOSHIBA CORPORATION, Koninklijke Philips N.V., GE Healthcare, Hitachi Medical Corporation, Shimadzu Corporation, Fujifilm Corporation, Esaote SpA, Hologic, Inc. among others.

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The report covers exhaustive 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, U.K, Spain, France, Nordic countries, BENELUX)
• Eastern Europe (Russia, Rest Of Eastern Europe)
• Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa, Rest Of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Diagnostic Imaging Services Market: Segmentation

The global diagnostic imaging market is segmented based on type of diagnostic imaging and its end use.

Based on diagnostic imaging, the global diagnostic imaging market is segmented into the following:

• X-Ray
• Planer
• Computed Tomography (CT)
• Magnetic Resonance Imaging (MRI)
• Ultrasound
• Radionuclide
• Single-Photon Emission Computed Tomography (SPECT)
• Position Emission Tomography (PET)

Based on end use, the global diagnostic imaging market is segmented into the following:

• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Diagnostic Imaging Laboratories

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