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During the forecast period, the CNS treatment and therapy market share is anticipated to expand at a moderate CAGR of 4.8%. As a result, it is predicted that the market for CNS treatments and therapies will grow from US$ 112 billion in 2021 to around US$ 192 billion by 2032.

The rising frequency of neurological illnesses, as well as the rising rates of diagnosis in both industrialized and developing countries, has resulted in a vast patient pool requiring system treatment.

This is bolstered by non-profit groups, healthcare institutions, and market players’ efforts to raise awareness about these disorders through campaigns and other means. These characteristics, combined with the release of new generations of antipsychotic medications by global and domestic competitors, are expected to fuel the nervous system market‘s growth possibilities over the forecast period.

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Over the forecast period, potential product introductions for treating neurological illnesses are expected to drive CNS treatment and therapy market expansion. The availability of treatment in developing nations is likely to grow as a result of these planned launches.

The nervous system treatment market growth is restricted by a time-consuming approval process and a strict regulatory framework. The cost of therapeutic research and development is higher than in other therapeutic illness areas. Owing to the medications targeting the central nervous system must cross blood-brain barriers, they must go through a lengthy development and approval process.

Patient recruiting is likewise a hurdle for the business, as is the overall pharmaceutical industry’s cost per approval. Furthermore, adverse events associated with the usage of these pharmaceuticals are expected to stymie the global CNS therapeutics market‘s expansion.

Within the pharmaceutical sector, R&D is a complex process and a critical decision. It entails a thorough investigation of the safety and efficacy of new pharmaceuticals, as well as compliance with regulatory requirements before they are released onto the nervous system treatment market.

R&D spending may not necessarily result in increased profits, making it a hazardous investment.

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As a result, drug prices are raised to recoup the costs. The high-risk R&D investment for CNS therapeutics medication development may deter pharmaceutical corporations from investing in CNS therapies.

Additionally, unfavourable reactions to certain CNS medications, such as antiepileptic treatments, may stifle overall market growth.

Key Takeaways

• North America dominated the CNS treatment and therapy market for central nervous system therapeutics in 2020, accounting for 47.3 per cent of total revenue.
• Over the next eight years, the market for central nervous system therapeutics in the Asia Pacific is predicted to develop at the fastest rate. During the projection period, improving healthcare infrastructure in emerging economies like India and China, as well as a large patient pool with significant unmet medical requirements, are expected to drive treatment adoption rates.
• In the year 2020, the non-biologics sector dominated the global CNS treatment and therapy market. The regulatory body imposes fewer regulations on pharmaceuticals than on biologics for approval, which explains their dominance.
• Immunomodulators accounted for the majority of the market in 2020. The ongoing invention and development of pharmaceutical compounds to treat disease indications is a primary factor driving immunomodulators in the market.

Competitive Landscape

Owing to multiple businesses focusing on central nervous system therapies, the industry is fragmented. Companies have been able to maintain a solid position in the CNS treatment and therapy market because of a robust pipeline and strategic distribution arrangements.

Biogen is the CNS treatment and therapy market leader, with the company’s key compounds expected to generate significant revenue by 2020. Johnson & Johnson Services, Inc., Pfizer Inc., RF. Hoffman-La Roche Ltd., Novartis AG, Sanofi, Teva Pharmaceutical Industries, and Otsuka Holdings are among the market’s other participants.

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During the forecast period, the dental healthcare lighting market share is anticipated to grow at a CAGR of 4.4%. The value of dental healthcare is predicted to increase from US$ 490.1 Mn in 2022 to US$ 595.5 Mn by 2026.

Dentists use dental lights to distinguish numerous nuances in diagnosing tissues because they provide high-quality illumination.

Growing global awareness of oral hygiene and dental treatment, as well as increased usage of dental lights, is expected to propel the lights for dental healthcare market share forward in the future years.

During the analysis period, increasing patient preference for dental health tourism is expected to present profitable growth prospects.

Dental treatment is inexpensive in nations such as Thailand, Egypt, and India, among others, with solid insurance policies for excellent patient care. As a result of these benefits, tourists are more likely to seek dental treatment in emerging countries, boosting the demand for lights for dental healthcare.

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Furthermore, the procedure cost for dental health services such as orthodontics and dental crowns is five to ten times less than the actual price in nations such as the United States and the United Kingdom. Dental light market expansion is also likely to be fueled by experienced and qualified professionals providing oral healthcare in emerging countries.

Increased oral healthcare concerns as a result of poor eating habits, as well as an increase in the number of oral ailments, are expected to drive the demand for lights for dental healthcare.

According to the CDC, almost 90% of Americans over the age of 20 have cavities, and nearly 27% of adults have untreated dental caries. As a result, the aforementioned factors increase the demand for dental health services in order to better manage patients. However, a lack of public awareness about dental treatments could stymie the expansion of dental health clinics.

Modern habits such as alcohol and cigarette use are also contributing to an increase in dental difficulties, resulting in a larger patient pool and driving demand for dental health services and dental lights.

In rising economies like India and Thailand, medical tourism has also been a major driver of demand for lights for dental healthcare. Patients are flocking to these rising nations for dental procedures since procedure costs are a fraction of what they are in North America and Europe.

Dental clinics are likely to generate demand for dental lights as they adopt new and technologically advanced goods.

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Key Takeaways

• In the year 2021, the lights for the dental healthcare market in the United States are expected to be worth US$147.1 million. In the global market, the country currently holds a 31.04 percent stake.
• China, the world’s second-largest economy, is expected to reach a light for the dental healthcare market size of US$59.9 million in 2026, representing a CAGR of 6.3 percent over the study period.
• The halogen lights sub-segment is the second most valuable sub-segment in the product type category, with a projected CAGR of 3.7 percent during the assessment period.
• The need for dental lighting will be driven by a growing senior population suffering from a variety of oral problems such as bleeding gums, gingivitis, and periodontal diseases.
• During the next few years, the dental health clinics market is expected to rise significantly. Dental lights will be in higher demand in dental clinics as more technologically advanced gadgets become available to serve a broader population with optimal patient comfort.
• After a careful examination of the pandemic’s commercial ramifications and the resulting economic crisis, the Halogen segment’s growth is revised to a revised 3.6 percent CAGR for the next seven years. The global lights for the dental healthcare market are now dominated by this category, which holds a 31.1 percent share.

Competition Landscape

Danaher, DentalEZ, Flight Dental Systems, PLANMECA, TPC Advanced Technology, A-dec, Midmark, and Dr. Mach are some of the leading industry participants in the lights for the dental healthcare market. To extend their geographical presence and improve market share, notable company players in this industry are employing a variety of organic and inorganic growth techniques.

Key Segments

By Light Source:

• LED
• Halogen

By Mobility:

• Fixed
• Mobile

By End Use:

• Dental Clinics
• Hospitals

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By 2022, the oncology nutrition market share is estimated to be worth US$ 2.04 billion, and by 2032, it will be worth US$ 4.79 billion. During the projected period, the market for oncology nutrition is anticipated to expand on average at a CAGR of 8.9%.

Malnutrition triggered by cancer treatment is the most common side-effect among cancer patients. Specifically, malnutrition is more prevalent among individuals with digestive cancers or head and neck cancers.

Head & Neck Cancer, one of the segments analyzed in the report, is projected to grow at a 7.8% CAGR to reach US$472.2 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Stomach & Gastrointestinal segment is readjusted to a revised 10.9% CAGR for the next 7-year period. This segment currently accounts for a 22.9% share of the global Oncology Nutrition market.

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Continuously increasing number of cancer patients is posing serious healthcare challenges for various countries. Several healthcare professionals consider inappropriate diet as well as inactive lifestyle for approximately 85% of global cancer cases. On the other hand, obesity and food attributes for 35% as well as 30% of all cancer related deaths, respectively.

Consuming large quantities of nutritious food significantly improve stamina and strength of patients undergoing cancer treatment. Owing to their abilities to prevent growth of cancer cells, demand for nutritional food is witnessing an upward momentum. Propelled by rising popularity of homecare nutritional products, the global market for oncology nutrition is exhibiting robust growth.

In order to tap the available opportunity, companies are devising a broad range of innovative strategies. Hospitals, retail pharmacies, and online pharmacies are some of the major end-users of oncology nutrition segment. Hospitals currently account for majority of share in the global oncology nutrition market, due to constantly increasing number of cancer patients. In order to ensure timely treatment, various leading global healthcare providers are now constructing high-end cancer diagnosis and care centers.

The U.S. Market is Estimated at $412.6 Million in 2021, While China is Forecast to Reach $165 Million by 2026

The Oncology Nutrition market in the U.S. is estimated at US$412.6 Million in the year 2021. The country currently accounts for a 35.62% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$165 Million by the year 2026 trailing a CAGR of 10.6% through the analysis period.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.4% and 7.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR while Rest of European market (as defined in the study) will reach US$182.4 Million by the close of the analysis period.

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The entire market for oncology nutrition negates a highly important cancer nutrition element, which is the patient`s daily dietary regimen. Even though nutritional formulas and nutraceuticals are great items for selling with their respective beneficial impacts on a patient`s nutritional status, only a handful of such producers and marketers are actually interested in educating patients on a healthy diet`s importance in the long-run. Nevertheless, suppliers are already providing those items needed for short-term gain and patients too, prefer quick fixes.

Key Players

• FMC Corporation
• Danone India
• Abbott
• Aceto
• B. Braun Melsungen AG
• Baxter
• Fresenius Kabi AG
• Global Health Products, Inc.
• Hormel Foods Corporation
• Mead Johnson & Company, LLC
• Meiji Holdings Co., Ltd
• Nestlé S.A.
• BioSig Technologies, Inc.
• Auris Health, Inc.

KEY SEGMENTS

By Cancer Type

• Head & Neck Cancer
• Stomach & Gastrointestinal Cancers
• Blood Cancer
• Breast Cancer
• Lung Cancer
• Other cancers

By End Use:

• Hospitals
• Home Care
• Others

By Geography:

• North America
• US
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Spain
• Rest of Europe (RoE)
• Asia Pacific
• Latin America
• Middle East and Africa

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Fuel Cell for Stationary Power Market to advance at a CAGR of 13.1%, Growing Market for Clean Energy to Fuel the Demand

The fuel cell for stationary power market share surpassed US$ 1.6 billion in 2021 and is expected to increase at a CAGR of over 12.8 per cent from 2022 to 2030. By 2030, the industry expects 1.5 GW of capacity.

The growing market for clean energy generation in developed regions, greater use of fuel cell-based vehicles, a burgeoning power sector, and increased power generation capacity globally are all contributing to the fuel cell technology expansion.

The expanding market for small and large capacity fuel cell devices, as well as increasing commercial and public sector investments focusing on creating hydrogen infrastructure, is likely to provide enough opportunity to fuel the demand for fuel cell for stationary power. Product rollout will also be aided by favorable legislation and norms, as well as increased investments in electrification in distant locations.

COVID-19 has had an impact on economic development in numerous regions, which has had an impact on the fuel cell for stationary power market. Many manufacturing operations have been suspended as a result of lockdowns and curfews, resulting in an increase in gasoline prices.

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Furthermore, increasing customer awareness of the need to cut GHG emissions and improve air quality will boost the development of fuel cell power plants. The bulk R&D efforts are concentrated on the development and advancement of fuel cell-powered cars, which is likely to open up new market prospects.

The lack of hydrogen fueling infrastructure may have an impact on the future need for hydrogen generation by fuel cell vehicles. The development of hydrogen fueling stations will necessitate significant investment and extensive assistance from both public and commercial groups. As a result, the market for hydrogen-based fuel cells is now stifled due to a lack of supporting infrastructure.

Until 2030, the industrial/utility fuel cell for stationary power market is expected to grow by more than 12%. The market of fuel cells for power generation will be stimulated by the implementation of attractive government policies, greater financing for technology development, and a shift in consumer awareness toward clean and sustainable energy.

Product penetration will be bolstered by rising off-grid electricity use and increased compliance with regulatory norms and regulations. Additionally, the implementation of large-scale stationary systems, particularly in the utility sector, is expected to be influenced by the introduction of hydrogen roadmaps and standards.

Key Takeaways

• Owing to the increased installation of large-scale CHP systems in countries such as the United States and South Korea, the 50-kW capacity category is expected to develop at a pace of roughly 13% through 2030.
• Japan and South Korea combined are anticipated to contribute more than US$ 17 Bn by 2030.
• In 2021, the China fuel cell for stationary power market was expected to be worth roughly USD 21 million. Shifting the government’s focus to scientific breakthroughs for hydrogen fuel cell applications will help the product reach its full potential.
• The fastest-growing end-user segment is expected to be fuel cell vehicles. Fuel cell-powered vehicles have a lot of promise because of the growing demand to minimize carbon emissions, which is predicted to enhance the market for fuel cell technology.

“The fuel cell for stationary power market is expected to develop as consumer awareness of clean energy technology, and solutions grows, as does demand for electricity and the application of regulatory standards and requirements.”

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Competitive Landscape

Cummins, Ballard Power, Plug Power, Posco Energy, SFC Energy, GenCell Ltd., Fuel Cell Energy, Bloom Energy, Altergy, Aris Renewable Energy LLC, and AFC Energy are among the major participants in the sales of fuel cell for stationary power.

Continuous investments in technological breakthroughs, as well as increased research and development operations for new product creation, would help them expand their fuel cell for stationary power market share. Inorganic strategy actions such as joint ventures, mergers and acquisitions, and others, on the other hand, will promote product deployment across geographies.

For example, Ballard Power Systems announced a strategic relationship with the road equipment manufacturer in 2022 for 31 hydrogen fuel cell modules that can offer 3 MW of power.

Why Future Market Insights?

• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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The global human growth hormone treatment & drugs market share is projected to grow at a moderate CAGR of 3.3%, reaching nearly US$ 4.8 Bn by 2032 from US$ 3.4 Bn in 2021.

Industry participants’ investments, the presence of a solid pipeline, extensive R&D efforts, a comprehensive product portfolio, and expanding government initiatives are all projected to drive the demand for human growth hormone treatment & drugs.

The global human growth hormone treatment & drugs market share is expected to be impacted by the COVID-19 epidemic. Patients with low growth hormone secretion are at risk for COVID-19, which necessitates immediate intervention to aid in COVID-19 prevention.

Patients with Prader-Willi syndrome, on the other hand, must exercise caution in order to reduce their risk of contracting COVID-19. Furthermore, people with Prader-Willi syndrome may not exhibit typical symptoms such as a high fever or a higher-than-normal pain threshold, delaying the diagnosis of COVID-19.

Turner syndrome patients are at an increased risk of contracting the COVID-19 virus, which can cause serious disease.

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Human growth hormone manufacturers are investing in research and development to create a growth hormone with fewer side effects and the potential to be a long-term treatment.

The human growth hormone supplements market is growing due to an increase in disorders connected to growth hormone insufficiency, an increase in the use of ageing hormones, government and private sector efforts to raise awareness of growth hormone deficit, and high productivity.

Other reasons such as greater understanding of the treatment process, an increase in the number of health conditions, and an increase in the number of neuropsychiatric cases are expected to boost the human growth hormone treatment & drugs market size’s growth. Human growth hormone supplements market expansion is projected to be driven by the quick growth of new human growth hormone novels.

As per the global human growth hormone treatment & drugs market study, the industry is likely to be driven by initiatives taken by various government and private organizations to raise awareness about GH deficiency and human growth hormone treatment.

International Children’s Growth Awareness Day is observed every year by the International Coalition of Organizations Supporting Endocrine Patients (ICOSEP), a nonprofit charitable organization based in the United States, to increase public knowledge regarding the early detection and intervention of human growth hormone problems, particularly in children.

However, the high price of hGH therapies, as well as severe hGH-related side effects, may negatively impact the human growth hormone for sale over the projection period.

Knee, hip, or other joint discomforts; allergic reactions, such as redness, swelling, or hives; and an increase in blood sugar levels are all possible adverse effects of GH hormone therapy, according to UPMC Children’s Hospital of Pittsburgh.

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Key Takeaways

• In 2021, the US human growth hormone treatment & drugs market was expected to be worth $1.3 billion, while China’s market is expected to be worth $285.1 million by 2026.
• In 2020, the Turner syndrome category accounted for a significant portion of the human growth hormone supplements market, and this trend is likely to continue during the forecast period.
• Led by countries such as Australia, India, and South Korea, the Intravenous segment market in Asia-Pacific is forecast to reach US$14.4 Million by the year 2026.
• Subcutaneous, one of the report’s segments, is expected to rise at a 4 per cent compound annual growth rate (CAGR) to reach US$2.7 billion by the conclusion of the analysis period.

“A healthy product portfolio and extensive Market research investments for the emergence of future growth hormone treatments are projected to propel the sales of human growth hormone treatment & drugs.”

Competitive Landscape

The demand for human growth hormone treatment & drugs is moderately concentrated, with a few key manufacturers owning a large portion of the industry. Furthermore, several active collaborations are underway to generate more effective and long-acting subtypes of human growth hormones.

Key human growth hormone manufacturers include Eli Lilly and Company, Ipsen S.A., EMD Serono Inc., Novo Nordisk A/S, Genentech, Inc (Roche), AnkeBio Co. Ltd, GeneScience Pharmaceuticals Co. Ltd, LG Life Sciences and Ferring Pharmaceuticals.

Pfizer Inc. began a Phase III research trial in February 2021 to assess the efficacy and security of somatropin in a group of Japanese patients with Prader-Willi Syndrome (PWS).

In October 2020, Erasmus Medical Center, in collaboration with Pfizer, the Foundation for Prader-Willi Research, and the Prader-Willi Fonds, launched a Phase III clinical trial to evaluate the impact of growth hormone treatment (Genotropin) on physical and psychosocial wellbeing in adults with Prader-Willi syndrome who are 30 years or older.

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

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