Market Research Blog – Page 10374 – New Product Development

Sales of Battery Operated Lights Market Are Predicted to Rise Steadily Across All Regions

The battery operated lights market size is estimated to grow from US$ 112 Billion in 2022 to a worth of US$ 300 Bn by 2032, registering a CAGR of 10.3% over the forecast period.

A thorough analysis of the business models, main business strategies, and respective market shares of some of the most significant companies in this market is provided in the Battery Operated Lights market study.

The comprehensive analysis provides market statistics in terms of revenues, segment-specific data, regional data, and country-specific data in addition to an in-depth commentary on the key affecting variables. One of the most thorough studies that examines every aspect of the changing battery-operated light market is this one.

Battery Operated Lights Market: Overview

Battery operated lights are the efficient option of lighting that do not need direct wiring. Battery operated lights often considered as energy efficient lights with simple installation and set-up process. These lights can be used inside home to illuminate or can be used in stairs or outside area of the house.

There is also significant usage can be seen in commercial places or shops. These lights are portable, easy to install at any place which is the primary reason for its popularity. Battery operated lights also used as permanent and temporary lighting. Some battery operated lights which are fixed or mounted on wall or ceiling are permanent and lights are used as seasonal or festive lights which are temporary lights.

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The demand for battery operated lights are growing due to its energy efficiency, portability and easy installation. Technological advancement in lighting sector also helps in demand generation for battery operated lights. These lights can be used in home, office, car, camper etc.

LED lights are primarily used in most cases for battery operated lights. The wireless battery operated lights are now in trend and attracts the attention of consumers in the lighting category. Growing demand for wireless technology has also give a boost to the wireless battery operated light segment.

Battery Operated Lights Market: Market Dynamics

Increasing popularity of portable lights, energy efficiency, and advancement in lighting industry drives the demand for battery operated lights. Intelligent lighting and LED technology are the current trends to observe in lighting industry which has a direct impact on battery operated lights market. The battery operated lights market gains popularity due to its energy efficiency and competitive pricing in the lighting market.

Manufacturers of battery operated lights are now coming with latest launches with new features such as active thermal protection, flicker-free smooth dimming, improved optical systems etc. In recent time, manufacturers are more focused on new innovations. As an example, the manufacturers have produced color stay shampoo which is sulfate-free and free from skin irritation. Growing usage of battery operated lights manufacturers are primarily divided into two categories.

The seasonal or temporary battery operated lights manufacturers’ concentration mostly seen in Asia Pacific due to high presence of Chinese players whereas permanent battery operated lights manufacturers are primarily based in USA. Battery operated lights manufacturers are focused on building an effective sales and distribution channel as a part of their sales strategy and as an implementation, they have been focusing on online sales channel.

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The lighting industry has been developing since past years due to the advancement in lighting sector such as energy efficient lighting, smart lighting, human centric lighting and LiFi technology. Growing consumer awareness about environment and light’s durability has pushed the manufacturers for production of LED lighting and other lighting technological lights.

Battery Operated Lights Market: Regional Outlook

The battery operated lights market is expected to perform a steady growth across all the geographies during the forecast period. Use in residential and commercial segments are likely to push the sales of battery operated lights market. Moreover, availability on e-commerce sites also drive the sale of battery operated lights.
North America and Europe holds a significant share of battery operated lights market due to better technology infrastructure, growing awareness about energy efficiency, government’s initiative and incentive schemes drive the battery operated lights market in developed regions. Government’s offer on incentives and rebate scheme on replacement of traditional lamps with LED products further boost the battery operated lights market.
The federal government of United Sates offers this number of incentives and government rebates while Europe has also taken initiative as Europe 2020 plan as European Union’s energy policy. Emerging countries such as China, India have larger population in comparison to other countries. China’s Elcoma visison 2020 and India’s UJALA scheme are the initiatives taken in this way. These initiatives or approaches to promote LED lighting further boost the battery operated lights market.

Battery Operated Lights Market: Key Players

Some of the key players operating in the global battery operated lights market Philips, General Electric, QTOP USA, MR Beams, BelloLite, American Lighting, Inc., Lighting EVER (Home EVER Inc.), S4Lights, and Others

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Battery Operated Lights Market: Market Segmentation

The battery operated lights market is segmented into different parts based on the technology, product price, end use, and sales channel.

On the basis of technology, the global battery operated lights market has been segmented as –

Fluorescent
Incandescent
LED

On the basis of pricing, the global battery operated lights market has been segmented as –

High Range
Mid-Range
Economical

Based on end use, the global battery operated lights market is segmented into:

Residential
Commercial

On the basis of the sales channel, the global battery operated lights market has been segmented as –

Direct
Indirect
Hypermarket/Supermarket
Specialty Stores
Independent Small Stores
Multi-Brand Stores
Online

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Cognitive Analytics Market Analysis, Growth, Emerging Trends, Research Methodology, Massive Growth & Industry Survey 2031

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Cognitive Analytics Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.

The team of researchers at Future Business Insights are focusing on research and market study to produce different Cognitive Analytics Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Cognitive Analytics Market.

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Cognitive Analytics Market: Competition Landscape

Some of the prominent players in cognitive analytics market are

Amazon Web Services, Inc.
IBM Corporation
SAS Institute Inc.
Hewlett Packard Enterprise Development LP
Numenta
Intel Corporation
Sinequa
Oracle
Microsoft
Cisco Systems, Inc.
Nuance Communications, Inc.

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Cognitive Analytics Market: Segmentation

The Cognitive Analytics market has been segmented on the basis of Technology, Application, Industry and Region.

Technology:

Machine Learning
Natural Language Processing
Others

Application:

Fraud and risk management
Customer analysis and personalization
Supply chain management
Others

Industry:

Healthcare
IT & Telecommunication
BFSI
Transportation and logistics
Other

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Automotive Dealer Management System Market Current Trends and Future Growth Estimations Outlook To 2031

As per a comprehensive study published by ESOMAR-certified consulting firm FMI, the global Automotive Dealer Management System market is expected to witness moderate/healthy/strong growth over the forecast period from 2021to 2031. The report emphasizes on providing key insights into diverse factors facilitating the demand, sales, and revenue generation in the Automotive Dealer Management System market.

The study offers a detailed analysis of dynamics including driver, restraints, opportunities, and challenges, and also highlights their consequent impact on the market across 7 regions. The report also uncovers critical trends elevating the sales across various market segments in terms of (component), (deployment), and (end use industry) for the assessment period.

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Increasing Adoption of Artificial Intelligence-based Technologies to Create Tailwind for the Growth in the Automotive Dealer Management System Market

From automobiles to online shopping, smartphones to voice assistants, the adoption of Artificial Intelligence (AI) is increasing at breakneck speed. AI-driven technologies like virtual & augmented reality, facial & voice recognition, and natural language processing (NLP) & computer vision are gaining immense popularity across consumer electronics, automotive, and healthcare industries among others.

Hence, numerous semi-conductors’ manufacturers are emphasizing on developing novel AI-related semiconductors to capitalize on the rising demand and gain a competitive edge. A slew of developments in the market is estimated to propel the demand for Automotive Dealer Management System in the coming years.

Key Automotive Dealer Management System Market Highlights and Projections

The market in the U.S. is expected to emerge as the most attractive market across North America over the assessment period.
Europe Automotive Dealer Management System market is expected to project steady/robust growth through 2031, owing to the increasing demand for Automotive Dealer Management System across countries such as the U.K., and Germany.
China will emerge as one of the most remunerative Automotive Dealer Management System markets in Asia Pacific owing to the ongoing trend of automation in semi-conductor industry.
South Korea and Japan, collectively, are expected to spearhead the growth of East Asia Automotive Dealer Management System market during the forecast period 2021-2031.
In terms of (component), (deployment) is projected to dominate the segment over the next ten years.
(end use industry) is anticipated to lead the in the global Automotive Dealer Management System market over the forecast period.

Report Benefits & Key Questions Answered

Automotive Dealer Management System Historical Market Analysis: The analysis conducted by FMI provides insights into key factors that affected the Automotive Dealer Management System market in the historic forecast period. It examines the demand and sales registered between 2016 and 2020 and predicts the sales performance for the coming forecast period 2021-2031.
Automotive Dealer Management System Sales Outlook: The in-depth study by FMI explicates vital dynamics including drivers and opportunities accelerating sales of Automotive Dealer Management System over the coming ten years. The report also provides incisive coverage on the ongoing and existing trends expected to surge the sales of Automotive Dealer Management System
Automotive Dealer Management System Market Structure Analysis: The report provides detailed insights into tier analysis and the market concentration of the key players in the Automotive Dealer Management System market. It also categories industry players as per Tier 1, Tier 2, and Tier 3 and discloses their market presence in terms of their market share and product portfolio.
Automotive Dealer Management System Market Trend Analysis: Future Market Insight’s recent study on the market trend provides in-depth insights into the critical trends in the semiconductor industry facilitating the growth in the Automotive Dealer Management System market. It also reveals current and upcoming trends that would create growth prospects for the market between 2021 and 2031.
Automotive Dealer Management System Consumption by Demographics: The study published by FMI provides a detailed analysis into the consumption of Automotive Dealer Management System by demographics to assist the market players in constructing their strategies on the basis of purchasing power of the customers. It also examines the factors causing changes in consumer behavior and also uncovers their consequent impact in the demand for Automotive Dealer Management System.

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Competitive Landscape Analysis

The report offers key insights into critical trends and opportunities to assist management-level decision-makers in formulating their strategies to capitalize on them. It also discovers strategies adopted by market players in the market and profiles leading players operating in the global industry.

As per FMI top five companies in the Automotive Dealer Management System market are

CDK Global
LLC
Adam Systems
Blue Skies Business Solutions Inc.
BiT Dealership Software, Inc.

Automotive Dealer Management System Demand Analysis by Category

Component:

Automotive Dealer Management Solution
Services

Deployment:

Cloud-based
On-premise

End-Use Industry:

Automotive
Marine & motorsports
Oil & Gas

Region

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia and Pacific (India, Malaysia, Indonesia, Singapore, Australia & New Zealand, Rest of South Asia and Pacific)
Middle East and Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of MEA)

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Latex Mattress Market Size Predictions : US$ 20 Billion by 2032

The latex mattress market size is expected to reach at US$ 20 Billion in 2032 at a robust CAGR of 7% during the forecast period 2022-2032.

Recently, a business intelligence research on the world market for latex mattresses was released by Future Market Insights (FMI). The study provides a comprehensive overview of the history, present, and future prospects for the market for latex mattresses. According to the worldwide industry analysis and opportunity assessment research by FMI, the market for latex mattresses is anticipated to increase strongly between 2022 and 2032.

The report offers in-depth analysis on significant trends and growth drivers which are having an impact on the Latex Mattress Market growth. New opportunities and challenges are also thoroughly analyzed to enable market players to make effective future business decisions.

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According to the FMI’s report, the Latex Mattress Market is projected to record a CAGR of 7% over the forecast period. Significant changes in consumer behavior, robust product innovations, and a wealth of distribution networks continue to influence growth of the Latex Mattress Market. FMI’s analysts rely on modern-day research methods for the compilation of the Latex Mattress Market report and gather data from a wide range of primary and secondary sources.

Impact of COVID-19 on Latex Mattress Market

The COVID-19 outbreak has been posing staggering health and humanitarian challenges. As with many industries, retail and consumer products industry has been particularly affected, with companies struggling with demand that is either evaporating or increasing over the available supply. Additionally, factory closures, movement restrictions, and supply chain disruptions induced by the current crisis are resulting in product shortages in the Latex Mattress Market in 2020.

The FMI’s recently published report include an important chapter on the COVID-19 impact analysis to aid Latex Mattress Market stakeholders in deploying innovative strategies to overcome the challenges that lie ahead of the crisis. The report further helps companies get access to necessary information surrounding the COVID-19 and its impact on the Latex Mattress Market.

Key Questions Addressed in the Latex Mattress Market Report

What are headwinds and tailwinds shaping the growth curve of the global Latex Mattress Market?
Which factors will continue to influence growth of the regional Latex Mattress Market?
What are the recent technological developments in the Latex Mattress Market?
What are key challenges and competition threats faced by Latex Mattress Market players?
How will evolving regulatory policies impact the market growth?

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Latex Mattress Market: Competition Assessment

The FMI’s Latex Mattress Market report provides a dashboard view of major players operating in the Latex Mattress Market. Some of the key players are:

Sleep On Latex Company, Simmons Bedding Company LLC, Astrabeds LLC, Spindle Mattress Company, Dreamfoam Bedding Company, Sleep Number Corporation, PlushBeds, Inc., Royal-Pedic Mattress Manufacturing LLC, Spring Air International Inc. LLC, Organic Mattress Inc., Kinsdown, Inc., Pure LatexBliss LLC, Southerland, Inc., Relyon Company, Corsicana Bedding, Inc. and The Saatva Company, among others.

With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Latex Mattress Market.

Latex Mattress Market: Key Segmentation

On the basis of latex processing type, the global latex mattress market has been segmented as –

Talalay
Dunlop
Others

On the basis of source, the global latex mattress market has been segmented as –

Synthetic
Natural
Blended

On the basis of end user, the global latex mattress market has been segmented as –

Commercial
Residential

On the basis of sales channel, the global latex mattress market has been segmented as –

Hypermarkets/Supermarkets
Multi-brand Stores
Specialty Stores
Independent Small Stores
Online Stores
3rd Party Online Stores
Company Websites

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Analytics Sandbox Market Business Growth, Current Trends, Rules, Challenge, and Interaction, Application Details 2031

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Analytics Sandbox Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2021 along with the key takeaways over the forecast period 2021 to 2031.

Analytics sandbox refers to an environment that is integrated separately into an enterprise’s overall data lake architecture. This entails that analytics sandbox is a centralized environment that is meant to be utilized by a multitude of users and is maintained by the IT staff.

The team of researchers at Future Business Insights are focusing on research and market study to produce different Analytics Sandbox Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Analytics Sandbox Market.

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Analytics Sandbox: Market Dynamics

Enterprises are currently focusing on transforming their conventional data warehousing systems into modern data infrastructures that combat challenges incurred due to the ever-changing data landscape. These new systems are developed to offer a competitive edge to end-users.

Analytics Sandbox Market: Competition Landscape

Some of the key competitors in the global analytics sandbox market are

Cisco Systems, Inc.
Check Point Software Technologies Ltd.
FireEye, Inc
Juniper Networks, Inc.
Fortinet, Inc.
Sophos Ltd.
Ceedo Technologies Ltd
Symantec Corporation; Forcepoint
McAfee LLC; SonicWall Inc.
Zscaler, Inc.

Analytics Sandbox Market: Segmentation

Solution:

Integrated Platform
Standalone Solutions

Deployment:

Cloud-Integrated
Virtual Appliance
Hardware

Vertical :

Banking, Financial Services And Insurance (BFSI)
Government And Public Sector
Military And Defense
IT And Telecommunications
Healthcare

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5G Edge Cloud Network and Services Market Business Developing Strategies, Growth Key Factors and Forecast to 2031

5G technology and edge cloud computing are two inseparably linked technologies. 5G edge cloud network and services are poised to considerably enhance performance of enterprise and consumer grade applications and accommodate real time processing of huge volumes of data.

5G technology has the potential to increase networking speeds by ten times than the speeds offered by 4G technology. Mobile edge networking and computing helps reduce latency by accommodating computing capabilities into networks, and bringing features closer to end-users.

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5G Edge Cloud Network and Services: Market Dynamics

With technological advancements, enterprises are finding themselves in a highly complex networking marketplace. As tides of data continue to rise, enterprises are looking to transform using virtualization and automation features to enhance the scale and economic feasibility of experiences that they wish to create.

Enterprises must manage their mobile devices, applications, and communication and collaboration platforms in order to maintain connectivity across geographies, teams and departments.

Significant rise in number of smartphones in use across the globe will encourage enterprise and consumers to procure 5G technology services. Some lucrative 5G-enabled use cases include ultra-HD video, autonomous driving, Virtual Reality (VR), Augmented Reality (AR), and Artificial Intelligence (AI). The high demand for advanced 5G applications and Internet of Things (IoT), among other technical enhancements, are estimated to propel the procurement of 5G edge cloud network and services during the forecast period.

Wireless networking market has recorded noteworthy growth over the past years with introduction of wireless mobility enabled smart devices. Continuous rise in subscribers and new use cases of wireless networking and communication technologies is creating opportunities for growth of the global 5G edge cloud network and services market.

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Impact of COVID-19 Pandemic Outbreak on 5G Edge Cloud Network and Services Market

During the ongoing COVID-19 pandemic, edge computing and associated data centers are playing a crucial role for enterprises. Network-enabled technologies like IoT, edge computing, and 5G technology make it possible for enterprises to minimize operational risks associated with COVID-19 and fulfill consumer expectations.

Telemedicine programs, diagnostic devices and software applications utilize patient data to enable healthcare professionals reach patients quickly and help out efficiently.

Further, there has been a significant increase in consumers subscribing to video streaming platforms like Amazon Prime and Netflix. For instance, Disney’s video streaming platform, Disney Plus, recorded 50 million subscriptions during the advent of COVID-19 pandemic. 5G edge cloud network and services allow video streaming service providers to enhance their experience for subscribers.

5G edge cloud network and services are helpful for consumers and enterprise located away from cities hosting hyper-scale data center computing. There is an increase in employees working from home due to the lockdowns legislated by national governments and social distancing measures being implemented by citizens. 5G edge cloud network and services are easing off-site operations and improving network and computing performance for enterprises.

5G Edge Cloud Network and Services Market: Regional overview

5G edge cloud network and services market in North America is leading all other regional markets on a global level. This dominance may be owed to high presence of well-established networking solutions and service providers in the region. These vendors are continuously investing in research and development of 5G technology.

The market is Europe is estimated to record one of the strongest growth rates during the forecast period. Investments made by national government to complement the deployment of 5G technology for applications in public sectors is propelling the adoption of 5G edge cloud network and services in Europe.

Advancements in 5G technology for automotive and smart transportation are playing a key role in propelling the adoption of 5G edge cloud network and services in European economies.

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5G Edge Cloud Network and Services Market: Competition Landscape

Some of the key vendors in the global 5G edge cloud network and services market are

Nokia
Hewlett Packard Enterprise Development LP
Huawei Technologies Co., Ltd.
Cisco
Dell Inc.
IBM
Amazon Web Services, Inc.
FogHorn Systems

The 5G Edge Cloud Network and Services market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and 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 segment. The market report also maps the qualitative impact of various market factors on market segments and geographies.

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Rest of Europe)
East Asia (China, South Korea, Japan)
South Asia & Pacific (India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific)
Middle East and Africa (GCC Countries, Turkey, South Africa, Res of MEA)

5G Edge Cloud Network and Services Market: Segmentation

The 5G edge cloud network and services market can been segmented on the basis of solution.

Solution:

Hardware
Platforms
Services

Enterprise Size:

Large Enterprises
Small- and Medium-sized Enterprises (SMEs)

Industry:

Automotive
Manufacturing
Transportation and Logistics
Energy and Utilities
Healthcare
Agriculture
Public Safety
Others (Media and Entertainment, Education, Finance)

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Pharmaceutical Filtration Market: Top Trends and industry overview to watch for in 2032

The global pharmaceutical filtration market is expected to enjoy a valuation of US$ 17.8 Bn by the end of 2022 and further expand at a CAGR of 8.7% to reach a valuation of ~US$ 41.0 Bn by 2032. According to the recent study, membrane filters segment by product is leading the market with a share of about 33.3% in 2021.

Active pharmaceutical ingredients are a key component of the pharmaceutical industry in the 21^st century. Filters are essential in a number of cases during the course of API creation and are necessary in bioscience laboratory applications as well. An increased production of large biologics and molecules, nano fibre technological advancements, generic market growth, and regulatory guidelines for cleanroom pharmaceutical production are the main factors driving the pharmaceutical filtration market. Additional funds diverted towards R&D expenditure by major biopharmaceutical organizations also boost the profile of the pharmaceutical filtration market

Manufacturing has the major portion of the revenue share in the pharmaceutical filtration market by operation in 2017 and is likely to remain so throughout the duration of the forecast period. The manufacturing segment is expected to cross a value of more than US$ 9.3 billion by end 2022 making it imperative for companies to be present in this operation segment of the pharmaceutical filtration market. The pilot scale segment follows at a considerable distance but cannot be overlooked entirely in favour of manufacturing. The pilot scale filtration segment has strong scope in North America as the continent represents a little over a third of the pharmaceutical filtration market and is estimated to retain this share going forward

The cell separation segment comprises slightly above a sixth of the pharmaceutical filtration market by application and is predicted to lose popularity in the future. Nonetheless, the North America cell separation market alone is on track to push past a billion dollars by end 2022 and companies are advised to take this into account while devising their business strategies. The water purification segment has a similar revenue share to the cell separation segment in the pharmaceutical filtration market by application. After North America, the water purification segment is particularly prominent in Europe
In terms of technology, microfiltration is quite popular as it contributes nearly half the revenue share in the pharmaceutical filtration market in the year 2017. Furthermore, microfiltration is anticipated to witness a high CAGR of more than 5.5% for the period 2017-2022 ensuring that all key stakeholders have ample opportunity in this lucrative technology. Ultrafiltration is not as prominent as microfiltration in the pharmaceutical filtration market but is gaining traction recently. Ultrafiltration technology has the greatest scope in both North America and Europe as these two continents are projected to cross a billion dollars in terms of value by end 2022
North America is the largest region in the pharmaceutical filtration market and is poised to grow to more than US$ 6 billion by end 2022
The report has profiled a few of the companies in the pharmaceutical filtration market. These include The Marmon Group LLC, Sartorius Stedim Biotech, Meissner Filtration Products, Parker Hannifin Corporation, Pall Corporation, Merck KGaA, GE Healthcare Inc., Eaton Corporation Plc., Amazon Filters Ltd., and 3M Companies.

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Key Segments:

Pharmaceutical Filtration Market Taxonomy

Region

North America
Latin America
Europe
Japan
APEJ
MEA

Product Type

Membrane Filters
Prefilters and Depth Media Filters
Single-use Systems
Cartridge & Capsule Filters
Filter Holders
Filtration Accessories
Other Products

Scale of Operation

Manufacturing Scale
Pilot Scale
R&D Scale
Application
Final Product Processing
Raw Material Filtration
Cell Separation
Water Purification
Air Purification

Technology

Microfiltration
Ultrafiltration
Nanofiltration
Other techniques

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Animal Healthcare Market: Top trends driving the industry to reach USD 54.5 Billion

The global animal healthcare market was estimated to be valued at US$ 42.3 Billion in 2021. The market is likely to grow at a CAGR of 4.3% through 2027, reaching US$ 54.5 Billion by 2027.

Along with animal health care, the rapid expansion of the animal feed additive market has also been witnessed with an expected compound annual growth rate (CAGR) of 4.6% through 2027, surpassing a valuation of around US$ 25.3 Bn, whereas, the production of animal segment, by animal type, is expected to grow at 4.7% CAGR, reaching around US$ 35 Bn by 2027.

Improved animal health is drastically becoming a top priority for people and governments across the world since they have a vital contribution to maintaining the balance of the ecosystem. Billions of dollars are being spent on vaccines, pharmaceuticals, and feed additives every year in order to protect animals from a wide range of diseases.

Key Takeaways

Surging demand for animal pharmaceuticals and vaccines will therefore continue to boost the growth of the animal healthcare market during the forecast period.
A huge variety of pharmaceuticals are being used to treat production and companion animals such as antibiotics, antiparasitics, anti-inflammatories, analgesics, and fertility drugs. Increasing awareness about animal care is set to spur growth in the animal healthcare market.
The rapid surge in animal healthcare product sales like pharmaceuticals is acting as a catalyst for the growth of the animal healthcare market and the trend is likely to continue in the future.
The increasing consumption of meat and dairy products, the rising prevalence of foodborne and zoonotic diseases, growing trend of pet adoption across the globe are some of the primary factors fueling demand in the animal healthcare market during the forecast period.
The account of rising pet adoption rates growing awareness about maintaining the proper health of animals, and surging demand for animal pharmaceuticals for enhancing the immunity system of animals over the last few decades have led to an increase in spending on animals significantly.
North America and Europe are projected to dominate the animal healthcare market, accounting for more than 60% of the market share and North America alone will command a market value of US$ 18.2 billion.

Competitive Landscape

Bayer AG, Cargill, Inc., Eli Lilly and Company, Boehringer Ingelheim GmbH, Ceva Sante Animale, Zoetis Inc., Merc & Co., Inc., Virbac S.A., and SeQuent Scientific Ltd. Etc. are some of the key companies profiled in the full version of the report.

Leading market players operating in the global animal healthcare market are constantly increasing in research and development for introducing new products at low costs. Besides this, they are adopting growth strategies such as partnerships, acquisitions, price reduction, and moving towards online platforms to expand tehri global footprint.

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More Insights into the Animal Healthcare Market

The global animal healthcare market falls under the seven major regional segments such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa (MEA).

North America is leading the global animal healthcare market, accounting for the maximum market share and the revenue is expected to reach US$ 18,186.4 Mn by 2027 end. The Western Europe market is expected to account for the second largest market value share during the forecast period.

With the rapid expansion of the pet care market and surging demand for animal pharmaceuticals, North America and Europe will collectively constitute more than 60% of the market share over the forecast period.

Asia Pacific region is expected to grow at a phenomenal pace during the forecast period owing to the rising adoption of pets, expansion of the animal feed additives market, and penetration of new veterinary healthcare market entrants in countries like India and China.

On the basis of animal type, the global animal healthcare market has been segmented into production animals and companion animals.

The production animals segment is projected to grow at the fastest CAGR over the forecast period, reaching around US$ 35,041.9 Mn by 2027 end. The companion animals segment, on the other hand, is projected to grow at a CAGR of 3.6% over the forecast period.

Increased focus on protecting both production and companion animals from lethal diseases will continue to push the animal healthcare product sales during the forecast period.

Market Segmentation

Based on Product Type:

Feed Additives
Pharmaceuticals
Vaccines

Based on Animal Type:

Production Animals
Companion Animals

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Orthopaedic Bone Cement and Casting Materials Market to grow at a rate of 6.3% by 2032 | Get Customized Reports

The global orthopaedic bone cement and casting materials market is also likely to witness a few trends in the near future. Growing research and development activities in the field of orthopaedics and increasing use of casting materials to treat orthopaedic injuries are expected to increase in the next few years, impacting the global market for orthopaedic bone cement and casting materials significantly.

In a recent global market study, the analysts of Future Market Insights examined the various factors impacting revenue growth of the global orthopaedic bone cement and casting materials market. An increasing prevalence of orthopaedic disorders and patient preference towards quality treatment for a better lifestyle are primarily responsible for fuelling market demand for orthopaedic bone cement and casting materials. The global orthopaedic bone cement and casting materials market is expected to enjoy a valuation of US$ 2.7 Bn in 2022. Sales in the market are projected to expand at a CAGR of 6.3% over the forecast period (2022-2032). Demand in the market is expected to surge by 2.1x, surpassing a valuation of ~US$ 5.1 Bn by 2032.

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Future Market Insights analysis reveals the various factors that are likely to boost the growth in adoption of orthopaedic bone cement and casting materials. A growing number of people suffering from bone diseases such as osteoporosis, an increasing number of sports injuries and accidents leading to fractures of the bone, and the availability of advanced treatment options for severe back pain are some of the factors likely to drive the market towards high revenue growth in the coming decade.

Global Orthopaedic Bone Cement and Casting Materials Market: Regional Analysis & Forecast

Future Market Insights has tracked the performance of the global orthopaedic bone cement and casting materials market across the key geographies of North America, Latin America, Western Europe, Eastern Europe, Japan, APEJ, and MEA. Unsurprisingly, North America is the dominant regional market with estimated revenues in excess of US$ 1,400 Mn by the end of 2027, witnessing a CAGR of 5.1%. The APEJ orthopaedic bone cement and casting materials market is estimated to be valued at almost US$ 940 Mn by the end of 2027, recording an impressive CAGR of 9.7% – the highest among all the regional markets. The Western Europe regional market is slated to register a CAGR of 7.1% during 2017 – 2027.

Global Orthopaedic Bone Cement and Casting Materials Market: Segmental Forecasts

Forecast by Product Type:

The global orthopaedic bone cement and casting materials market is segmented on the basis of product type into Bone Cement and Casting Materials. The Bone Cement segment is expected to be the most lucrative product type segment with an attractiveness index of 1.1 and a CAGR of 6.9% in terms of value.

Forecast by Application:

The global orthopaedic bone cement and casting materials market is segmented on the basis of application into Joint Arthroplasty, Trauma Cases, Sports Injury, Spine Surgeries, and Others. Joint Arthroplasty is the most lucrative segment by application and also the largest, estimated to reach a market valuation of US$ 1,458.6 Mn by the end of 2027, registering a CAGR of 7.3%.

Forecast by End User:

The global orthopaedic bone cement and casting materials market is segmented on the basis of end user into Hospitals, Ambulatory Surgical Centres, and Orthopaedic Clinics. Hospitals is the largest end user segment, estimated to reach a market valuation of just under US$ 2000 Mn and witness a growth rate of 7.0% between 2017 and 2027.

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Global Orthopaedic Bone Cement and Casting Materials Market: Competitive Landscape

DJO Global, Inc.,
Heraeus Holding,
Zimmer Biomet,
BeneCare Medical,
BSN medical,
Stryker,
3M Health Care Ltd.,
DePuy Companies (Sub. Johnson & Johnson Services, Inc.),
Smith & Nephew Plc,
Exactech, Inc.,
Medtronic, Inc.,
Braun Melsungen AG,
Cook Medical,
SOMATEX® Medical Technologies GmbH,
TEKNIMED,
T-Tape Company B.V.,
Lohmann & Rauscher GmbH & Co. KG,
MIKA MEDICAL,
Össur,
Innovation Rehab LTD.

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Cardiac Surgery Devices Market to be worth USD 2 Bn by 2027, Get Insights FMI

Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027’ has studied the cardiac surgery devices market and expects it to record a CAGR of 3.7% and be worth over US$ 2 Bn by end 2027.

The perfusion disposables segment represents a considerably larger market opportunity than either catheters, beating heart surgery systems, or heart lung machines in the cardiac surgery devices market.

The perfusion disposables segment is predicted to be worth more than US$ 800 Mn in 2017 alone with oxygenators contributing the lion’s share of this.

By the end of the forecast period, the segment is on track to push past US$ 1.1 Bn, making it a particularly lucrative segment in the cardiac surgery devices market as its attractiveness index is 2.0.

A greater acceptance of heart lung machine tables is expected to benefit the adoption of perfusion disposables in the cardiac surgery devices market.

Nearly a third of all the global deaths can be attributed to cardiovascular diseases and it is the main cause of death in the U.S., responsible for 17% of national healthcare expenditure.

The American Heart Association estimates that 40% of the American people will suffer from cardiovascular ailments in 2030 and the direct cost of these would skyrocket to approx. US$ 820 Billion.

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Well-developed Medical Infrastructure Makes North America Keep its Crown

North America has a world-class medical infrastructure coupled with a population that is rapidly ageing and suffering from cardiopulmonary disorders.

This combination all but ensures that the region is larger than both Western Europe and APEJ combined in the year 2017 with a value of just under US$ 555 Mn.

North America is on track to witness a CAGR of 4.1% for the period 2017-2027 that should see the market in the region touch US$ 830 Mn by end 2027.

Most new developments are centred in North America and its high acceptance of modern technology make it an extremely lucrative region in the global cardiac surgery devices market.

Minimally Invasive Surgery Gaining Traction in Cardiac Surgery Devices Market

Coronary artery bypass grafting is anticipated to be the largest contributor in the cardiac surgery devices market by procedure in 2017 and it is unlikely to cede this position anytime soon.

However, modern advancements in cardiopulmonary bypass techniques, surgical approaches and incisions have made minimally invasive surgery increasingly popular in recent times.

Minimally invasive surgery has the advantage of reduced surgical trauma and decreased pain and this is anticipated to propel the cardiac surgery devices market in the long term.

In terms of CAGR these two segments hold the top position in the global cardiac surgery devices market, with coronary artery bypass grafting recording a value CAGR of 3.5% and minimally invasive surgery registering a 4.1% CAGR in terms of revenue during the forecast period.

Focus on Hospitals over Ambulatory Surgical Centres in the Cardiac Surgery Devices Market

The hospitals segment is larger than the ambulatory surgical centres segment by end user in the cardiac surgery devices market and this trend is predicted to continue for the foreseeable future.

An attractiveness index of 1.1 and a market opportunity of almost US$ 1.2 Bn by 2027 end should make all major companies actively target the hospitals end user segment in the cardiac surgery devices market.

Company Dashboard

The companies actively involved in the global cardiac surgery devices market that have been profiled in the report include Biotronik, Braile Biomedica, Cook Medical Inc., Estech, Abiomed, Smith Medical, MicroPort Scientific Corporation, Edwards Lifesciences Corporation, Angiodynamics, Teleflex Incorporated, C. R. Bard, Inc, B. Braun Melsungen AG, Getinge-Maquet Germany Holding GmbH, Terumo Corporation, LivaNova PLC, Lepu Medical technology Co ltd., Boston Scientific Corporation, Medtronic, and Abbott Laboratories.

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Important takeaways

The increasing preference for minimally invasive surgical procedures is one of the recent trends seen in the cardiac surgery devices market.

In the last decade, minimally invasive cardiothoracic surgery has grown by leaps and bounds mainly because of the reduced pain and surgical trauma after this procedure.

Even though coronary artery bypass grafting is much larger at present, key stakeholders are advised to focus on minimally invasive procedures as patients will almost certainly prefer this form of treatment.

In addition to this, the beating heart surgery system type could see widespread adoption in the days ahead.

Cardiac Surgery Devices Market Taxonomy

By Product:

Heart Lung Machine
Breathing Heart Surgery Systems
- Stabilisers
- Positioners
Catheters
- Ablation Catheter
- Drainage Catheter
Perfusion Disposables
- Oxygenators
- Centrifugal Pumps
- Cardioplegia Delivery System

By End User:

Hospitals
Ambulatory Surgical Centres

By Procedure:

Coronary Artery Bypass Grafting
- On pump CABG
- Off pump CABG
Minimally Invasive Surgery

By Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
MEA

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