Clinical Trial Biorepository & Archiving Solutions Market is projected to grow at a CAGR of over 12.1% from 2022 – 2032 | Research Report by FMI

[250 Pages Report] According to a recent Future Market Insights study, the Clinical Trial Biorepository & Archiving Solutions Market sales were assessed at US$ 3.5 Bn in 2021 and are expected to increase at a CAGR of 12.1% from 2022 to 2032. The market is predicted to reach a value of US$ 12.2 Bn by the end of 2032.

Biorepositories have entered a new era with the use of cutting-edge information technology, AI, machine learning, and deep learning tools and algorithms. With these technologies, it requires less time and effort to keep up with new storage and transportation technologies, global regulatory demands, and current bio storage trends. Clinical trial biorepository and archiving solutions services are particularly extremely noteworthy for phase III studies, which require a large number of samples preservation for long-term study.

The leading number of companies are outsourcing storage and cold-chain functions to free up resources for pharmaceutical research. Keeping up with new storage and transportation technology, global regulatory needs, and current bio storage trends take time and effort.

Amidst the COVID-19 outbreak, centralized distant location clinical testing matching and screening, virtual molecular tumor boards, and centralized molecular interpretation support systems have enabled clinic workers at the Sarah Cannon Research Institute to help identify people involved in medical trials quite productively.

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Key Takeaways from the Market Study

  • Global Clinical Trial Biorepository & Archiving Solutions Market is expected to reach a market size of US$ 3.9 Bn by 2022.
  • The Biorepository Services application, is expected to have the highest CAGR rate of 12.1% during the forecast period.
  • United States to remain the most dominant market with absolute dollar growth opportunity of US$ 3.3 Bn during 2022 – 2032.
  • The market in China is set to experience the highest CAGR of 15.8% during the 2022-2032 forecast period.

“A growing number of companies are outsourcing storage and cold-chain functions to free up resources for pharmaceutical research.” comments a Future Market Insights analyst.

Competitive Landscape

The market is intensely competitive, and significant firms are more focused on gaining a competitive edge. To take advantage of the tremendous untapped potential in emerging nations, the market’s leading rivals are focused on providing low-cost, high-quality items. This is seen by increased research and development spending as well as an increase in the number of new product approvals.

  • In Feb 2020, The College of American Pathologists created the first biorepository accreditation program, which follows strict guidelines to ensure that biorepository processes are uniform.
  • In March 2020, ATCC has joined hands with the Global Scientific Community. Taking Covid19 into consideration, the collaboration sought to expand its assistance to the US and foreign R&D communities.

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Key Players: 

  • Brooks Life Science
  • Patheon
  • Precision for Medicine, Inc.
  • Medpace
  • LabCorp Drug Development
  • ATCC
  • Q2 Solutions
  • Labconnect
  • Charles River Laboratories
  • Cell&Co BioServices

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Clinical Trial Biorepository & Archiving Solutions Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in Clinical Trial Biorepository & Archiving Solutions Market across five regions (North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa).

About the Clinical Trial Biorepository & Archiving Solutions Market analysis at Future Market Insights

Future Market Insights’ highly experienced healthcare and pharma team aids companies from all over the world with their specific business intelligence needs through professional research, actionable insights, and strategic recommendations. With a library of over a thousand research and 1 million+ data points, the team has spent over a decade analyzing the healthcare business across 50+ countries. From start to end, the company provides unrivaled research and consulting services. Please get in touch with us to see how we can help.

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Market Segments Covered in Clinical Trial Biorepository & Archiving Solutions Market Analysis

By Product Type:

  • Preclinical Products
  • Clinical Products

By Phase:

  • Phase I
  • Phase II
  • Phase III
  • Phase IV

By Application:

  • Biorepository Services
  • Archiving Solution Services

By Region:

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA

About FMI:
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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Unit Dose Manufacturing Market through outsourcing category is expected to reach a valuation of US$ 75 Bn by 2032.

[250 Pages Report] The Unit Dose Manufacturing market revenues were estimated at US$ 18.3 Bn in 2021 and is anticipated to grow at a CAGR of 22.4% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to cross US$ 160 Bn market.

The benefits associated with unit dose manufacturing including complete drug identification and the preservation of dosage form’s integrity until the time of administration is projected to enable the market loom further in double digit growth during the period of projection. If the drug has not been used and the container is still intact, it can be retrieved without jeopardizing the drug’s formulations. In addition, the FDA regulates unit dose-packed oral solid pharmaceuticals. Another method that has gained popularity is unit dosage repackaging, as unit dosages must be placed in containers for continuous use in hospitals. Questions about their stability, formulation contamination, and product expiration have arisen as their popularity has grown.

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Besides, unit dosages have raised patient and staff safety standards. They aid in the elimination of the possibility of erroneous dosing. To facilitate speedy and effective monitoring, they use electronic papers. It is easy to spot any broken containers when using liquid unit doses. Unit doses also save consumers’ money on medications they do not need.

Key Takeaways from the Market Study

  • Global Unit Dose Manufacturing market is estimated to reach a market size of around US$ 22 Bn by 2022
  • Top Type being Outsourcing expected to grow at a CAGR of 19.8%.
  • Top Filament being Solid Unit Dose expected to grow at a CAGR of 22.8%.
  • With over 25% projected growth rate, Unit Dose Manufacturing revenue is expected to grow at fastest pace in Asia Pacific, during 2022 – 2032.

Benefits associated with manufacturing unit doses over packaging, and flourishing pharmaceutical industry, are expected to shape the overall Unit Dose Manufacturing market, comments a Future Market Insights analyst.

 Competitive Landscape

A large number of regional and global players operate in the unit dose manufacturing market. A variety of strategies are being employed by companies to remain competitive. According to the market research analysis, partnerships and expansion have been the prominent development in Unit Dose Manufacturing market in recent year. Catalent Inc, Patheon, Unither, Mikart, Tapemark, Renaissance, Medical packaging Inc, Corden pharma, and American health packaging are the prominent providers of Unit Dose Manufacturing services.

  • In August 2020, Nanjing Ruinian Best Pharmaceutical Co. Ltd. was acquired by Unither Pharmaceuticals August 2020. This acquisition was reported to be focused on aiding Unither Pharmaceuticals expand in China through offering experience regarding medication research and single-dose sterile drugs without preservatives.

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 More Insights Available

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

The study reveals essential insights on the basis of by Type (Inhouse, Outsourcing), Filament (Solid Unit Dose, Liquid Unit Dose, Other), Application (Independent Pharmacies, Long Term Care Facility, Hospitals, Others), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Future Market Insights’ Domain Knowledge in Healthcare Division

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned Healthcare domain team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over a thousand reports and 1 million-plus data points, the team has analysed the Healthcare industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

Key Companies Profiled :

  • Catalent Inc.
  • Patheon (Thermo fisher)
  • Unither
  • Tapemark
  • Mikart
  • Renaissance Lakewood, LLC
  • Medical packaging, Inc.
  • CordenPharma
  • American Health Packaging

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Market Segments Covered in Unit Dose Manufacturing Industry Analysis

By Type:

  • In-House
  • Outsourcing

By Filament:

  • Solid Unit Dose
  • Liquid Unit Dose
  • Other Filaments

By Application:

  • Independent Pharmacies
  • Long Term Care Facility
  • Hospitals
  • Others

About FMI:

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 9-years.

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RFID Blood Monitoring Systems Market to reach US$ 218.4 Million by 2032

As per a recently concluded study by Future Market Insights, the RFID blood monitoring systems market is expected to reach US$ 218.4 Million by 2032, up from US$ 112.0 Million in 2022, expanding at a high CAGR of 6.9%. Constant R&D initiatives pertaining to the development of novel inventory management solutions and rising demand for minimization of clerical errors are key factors attributing to high market growth during the analysis period.

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RFID blood monitoring systems have several advantages over conventional blood tracking and monitoring methods such as barcodes and manual efforts, which is a major factor driving demand for RFID blood monitoring systems across the globe.  Moreover, the adopted testing protocol enables the assessment of performances of RFID devices in processes of the blood supply chain, as it is developed to emulate critical logistics processes.

Technological advancements in RFID systems especially in RFID tags, which are based on nano and micro technologies and can hold vast amounts of data is another factor projected to propel growth of the global market over the forecast period. Moreover, a major rising trend witnessed in the global market is increasing adoption of RFID blood monitoring systems by blood banks and hospitals in developed and in some developing economies across the globe, which in turn is anticipated to propel growth of the global market during the forecast period.

Key Takeaways from the Market Study

  • Global RFID blood monitoring systems market to reach US$ 112 Million by 2022
  • U.S to account for the highest value share of US$ 76.1 Million by 2032, growing at a 7.2% CAGR
  • From 2015 to 2021, RFID blood monitoring systems sales expanded at a CAGR of 7%
  • By end use, blood banks constitute bulk of RFID blood monitoring systems deployment, surging at a 6.3% CAGR
  • China to present significant growth opportunity, yielding a dollar opportunity worth over US$ 7 Million

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Competitive Landscape

Players in the global RFID blood monitoring systems market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

  • In September 2021, the Scottish National Blood Transfusion Service (SNBTS), the specialist provider of transfusion medicine in Scotland implemented the biolog-id blood inventory devices to optimize the management of its blood products. Through this deployment, biolog-id’s cutting-edge technology will streamline the complex inventory and distribution processes of the red blood cells to distant sites, enhancing the visibility and management of those lifesaving products between the Scottish blood center and each remote blood bank.
  • In September 2021, SATO, a global pioneer in the development of auto-ID and labeling solutions, launched a new UHF RFID direct thermal wristband for identification, verification and tracking of patients in hospitals. SATO has designed this wristband for comfort and optimal reads within hospital location systems. SATO addresses these key concerns with a high-performance UHF RFID wristband and its best-in-class compact 4-inch printer — the CT4-LX UHF. These can be integrated into a complete ID and tracking system with third party readers and antennas.

RFID Blood Monitoring Systems Market

Key Players :

  • Biolog ID
  • S3Edge Inc.
  • Mediware Information System Inc.
  • Terso Solutions, Inc.
  • SATO VICINITY PTY LTD.
  • Mobile Aspects Inc.
  • Logi-Tag Systems
  • Nordic ID
  • WaveMark, Inc.
  • B Medical Systems S. r.l.
  • RFID Global Solution, Inc.

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More about the RFID Blood Monitoring Systems Market Report

Future Market Insights offers an unbiased analysis of the global RFID Blood Monitoring Systems Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032.

The market is segmented on the basis of product (systems and tags), and end use (blood banks and hospital blood centers) across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Key Segments Covered in the RFID Blood Monitoring Systems Market Study

RFID Blood Monitoring Systems Market by Product:

  • RFID Blood Monitoring Systems
  • RFID Blood Monitoring Tags

RFID Blood Monitoring Systems Market by End Use:

  • RFID Blood Monitoring Systems for Blood Banks
  • RFID Blood Monitoring Systems for Hospital Blood Centers

RFID Blood Monitoring Systems Market by Region:

  • North America RFID Blood Monitoring Systems Market
  • Latin America RFID Blood Monitoring Systems Market
  • Europe Blood Monitoring Systems Market
  • Asia Pacific Blood Monitoring Systems Market
  • Middle East and Africa Blood Monitoring Systems Market

About FMI:

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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Europe Radiotherapy Patient Positioning Market is set to display a substantial growth at 4.1% CAGR from 2022 to 2032

As per Future Market Insights’ latest revised industry analysis, the Europe radiotherapy patient positioning market was valued at over US$ 120.3 Mn in 2021 and is expected to exhibit a CAGR of close to 4.1% over the forecast period (2022-2032).

Cancer is the second largest cause of mortality followed by cardiovascular diseases in Europe. Approximately 2.9 million people are diagnosed with cancer, of which about 1.2 million cases account for mortality. The high rate of mortality associated with the increasing prevalence of cancer within the region has an impact on both social and economic levels.

Market Outlook:

Data Points Market Insights
Europe Radiotherapy Patient Positioning Market Value 2022 US$ 120.3 Mn
Market Value 2022 US$ 124.9 Mn
Market Value 2032 US$ 187.1 Mn
CAGR 2022-2032 4.1%
Market Share of Top 5 Companies 27.9%

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On average, around 40% of cancers are preventable after proper treatment assessment. This increase in the number of cases can boost the market by demining more radiotherapy patient positioning devices. Hence Euro commission focuses on prevention, early detection, diagnosis and treatment, and improving the quality of life of cancer patients and survivors.

Also, emergence of the immobilization system has made cancer detection easy and cancer management is done in an appropriate manner. This is propelling the growth of the Europe radiotherapy patient positioning market.

Europe patient positioning market is highly fragmented. New products are continually being introduced into the market by companies. Furthermore, key players are working hard to create innovative treatments and therapies and obtain regulatory clearances in order to enhance patient outcomes in the region.

Key Takeaways from Market Study

  • Markers as products are expected to hold over 27.0%market value share by the end of 2032 and are expected to display a CAGR growth of 3.1% over the forecast period.
  • Radiation/proton therapy centers hold a higher end-user segment share in terms of the market share value of 45.1% in 2021.
  • DACH is slated to be the largest leading region with a value share of 18.5% in 2021, owing to the high prevalence of lung cancer within the country.

“Rising incidences of cancer and growing awareness in cancer management are set to boost the sales of radiotherapy patient positioning market,” says an analyst of Future Market Insights.

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Market Competition

Key manufacturers are actively working in coherence with researchers in order to be able to acquire enhanced and innovative concepts to widen the therapeutic actions of the product that drive their research capabilities and strengthen their product portfolio.

Further, these players are also focusing on activities related to acquisitions and agreements in order to expand the product reach.

  • In Jan 2022, Eckert & Ziegler acquired 100% of the shares of Argentinian nuclear medicine specialist Tecnonuclear S. A., a manufacturer of Technetium-99 generators and a portfolio of related biomolecules.
  • In Oct 2021, Roper Technologies, Inc., did an agreement to sell its CIVCO Radiotherapy business to an affiliate of Blue Wolf Capital Partners LLC, a private equity firm, in an all-cash transaction valued at $120 million. Roper will retain its CIVCO Medical Solutions business, which will continue to operate independently.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the Radiotherapy Patient Positioning Market in its latest study, presenting a historical demand assessment for 2017 – 2021 and projections for 2022 – 2032.

The research study is based on the product (thermoplastic masks & sheets, markers, immobilization system, headrest, cushions, spacers & wedges, arm & wrist support, locating & indexing bar, bite positioners), by end user (hospitals, cancer research institutes and radiation/proton therapy centres) across Europe.

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  • Orfit Industries
  • Qfix
  • Elekta
  • Eckert & Ziegler BEBIG
  • CDR Systems
  • Roper Technologies-CIVCO
  • Best Medical canada
  • Blessing Cathay Corporation
  • Candor ApS
  • IZI Medical Products
  • Klarity Medical Products
  • MacroMedics BV
  • OSL Oncology Systems Limited.
  • T-Tape Company B.V.

Key Market Segments Covered in Radiotherapy Patient Positioning Industry Research

By Product Type:

  • Thermoplastic Masks & Sheets
    • Head Masks
    • Head & Shoulder Masks
    • Torso & Extremities
  • Markers
    • Fiducial Markers
    • Vaginal Markers
    • Rectal Marker
  • Immobilization System
  • Head Rest
  • Cushions
  • Spacers & Wedges
  • Arm & Wrist Support
  • Locating & Indexing Bar
  • Bite Positioners

By End User:

  • Hospitals
  • Cancer Research Institutes
  • Radiation/Proton Therapy Centres

Explore Other Reports Links From Healthcare Market:
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https://abkm.tribe.so/post/orthopedic-braces-and-support-market-analysis-recent-trends-and-regional-gr–62a882ba4db048b197e2dfb0
https://pastelink.net/1uoo4hmi
https://www.tumblr.com/blog/view/futuremarketinsights 

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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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Geriatric Care Services Market Registering a CAGR of 6.0% during the period 2022-2032

According to a recent study done by FMI, the geriatric care services market is expected to reach US$ 954 Million by 2032, expanding at a high CAGR of 6%. An expanding geriatric population and the rising awareness regarding the healthcare facilities for senior patients are expected to propel the growth of the geriatric care services market during the forecast period.

The growing demand for home care services for elderly people is a significant factor driving the elderly care products and services market during the forecast period. A growing elderly population coupled with the rising demand of services for individuals suffering from chronic diseases that are above the age of 60 worldwide will further fuel the market growth.

In addition, the presence of a wide range of services within the domain of healthcare has also brought elderly care under the spotlight of attention. The presence of a sound healthcare industry is a prerequisite to the success of a nation’s economy. Considering the aforementioned factors, the global market for geriatric care services is projected to expand at a starry rate in the years to come.

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Key Takeaways from the Market Study

· Global geriatric care services market to be valued at US$ 534 Million by 2022-end

· The U.S to account for the highest value share of US$ 332.5 Million of global market demand for geriatric care services in 2032

· From 2017 to 2021, geriatric care services demand expanded at a CAGR of 10.5%

· By service, the adult day care category constitutes the bulk of geriatric care services market with a CAGR of 6.9%.

· By application, geriatric care services for diabetes to witness maximum growth, at a CAGR of 6.8%

· Global market for geriatric care services to flourish 1.8x from 2022 to 2032

“Governments are taking several initiatives to provide easily accessible and affordable social care services to the elderly population. This, in confluence with the introduction of favorable reimbursement policies, is contributing to the market growth,” remarks an FMI analyst.

Competitive Landscape

Players in the global Geriatric Care Services Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

· In March 2022, Alexion, AstraZeneca’s Rare Disease group, has closed an exclusive global collaboration and licence agreement with Neurimmune AG for NI006, an investigational human monoclonal antibody currently in Phase Ib development for the treatment of transthyretin amyloid cardiomyopathy (ATTR-CM), an underdiagnosed, systemic condition that leads to progressive heart failure and high rate of fatality within four years from diagnosis.

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· In January 2022, Century Therapeutics and Bristol Myers Squibb announced a research collaboration and license agreement (the “agreement”) to develop and commercialize up to four induced pluripotent stem cell (“iPSC”) derived, engineered natural killer cell (“iNK”) and / or T cell (“iT”) programs for hematologic malignancies and solid tumors. The first two programs include a program in acute myeloid leukemia and a program in multiple myeloma, which could incorporate either the iNK or a gamma delta iT platform.

Key Segments Covered In The Geriatric Care Services Market Report

Geriatric Care Services Market by Service:

  • Home Geriatric Care Services
  • Adult Geriatric Day Care Service
  • Institutional Geriatric Care Services

Geriatric Care Services Market by Payment Source:

  • Geriatric Care Services Payment via Public Insurance
  • Geriatric Care Services Payment via Private Insurance
  • Out-of-Pocket Geriatric Care Services Payment
  • Geriatric Care Services Payment via Other Sources

Geriatric Care Services Market by Application:

  • Geriatric Care Services for Respiratory Diseases
  • Geriatric Care Services for Diabetes
  • Geriatric Care Services for Heart Diseases
  • Geriatric Care Services for Neurological Diseases
  • Geriatric Care Services for Kidney Diseases
  • Geriatric Care Services for Cancer
  • Geriatric Care Services for Other Applications

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Geriatric Care Services Market by Region:

  • North America Geriatric Care Services Market
  • Latin America Geriatric Care Services Market
  • Europe Geriatric Care Services Market
  • Asia Pacific Geriatric Care Services Market
  • Middle East and Africa Geriatric Care Services Market

By Key Players

  • Endo Pharmaceuticals Inc.
  • Merck & Co. Inc.
  • AstraZeneca PLC
  • Pfizer Inc.
  • Allergan Inc.
  • Bristol-Myers Squibb Company
  • Regeneron Pharmaceuticals Inc.
  • AstraZeneca PLC
  • F. Hoffmann-La Roche AG
  • Octapharma AG
  • Epoch Elder Care
  • St Luke’s ElderCare Ltd.
  • Korian Group
  • ProVita International Medical Center

About FMI:

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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Robotic Wheelchair Market is set to witness growth at 11.5% CAGR from 2022 to 2032

The demand for robotic wheelchairs is being driven by increasing instances of permanent and temporary mobility deficiency, through geriatric population and obese individuals who are unable to engage in activities that require smooth movement. Owing to their ability to offer self-regulating mobility assistance for indoor activities, residential use of robotic wheelchairs has been gaining popularity.

Robotic wheelchairs, also known as power wheelchairs is an improved variant of commonly used electric wheelchairs. Robotic wheelchairs are equipped with sensors and runs with the help of artificial intelligence. These chairs can seamlessly detect obstacles in the way, navigate accordingly and improve the multifold user experience.

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Robotic Wheelchair Market: Dynamics

Demand for robotic wheelchair is rising mainly because of the steady rise in the numbers of elderly and disabled people in countries like Japan. In addition, increase in disposable income of consumers and R&D activities done by manufacturers are important factors to keep the market rejuvenated.

The availability of a wide variety of robotic wheelchair devices of the next decade is driving a rise in customer numbers. This will be pushing the demand in the years ahead. Nonetheless, robotic wheelchairs’ high operating cost is a major obstacle that limits market development for such wheelchairs. That is particularly accurate in developing countries.

During the forecast period, commercial applications of robotic wheelchair market is expected to grow due to a rise in robotic wheelchairs in areas such as hospitals, airports, tourist spots and social care homes. Panasonic and Whill Inc., for example, have developed self-driving robotic wheelchairs that can be operated through a smartphone and are used in hospitals and airports.

Robotic Wheelchair Market: Regional Overview

Owing to the rising demand in the U.S., North America accounted for the largest share of over 30% in the robotic wheelchair market. Rapid acceptance of technology and increasing elderly population are the key factors pushing businesses and medical research institutes to implement independent mobility assistance robotic wheelchairs.

Countries like the Germany, China, India and U.K. are seeing substantial demand for robotic wheelchairs due to increasing geriatric population, high purchasing power and technological advances.

Technical University of Athens, as well as research initiatives taken by businesses in Europe for the disabled and the elderly, focuses on self-directed robotic wheelchairs with the aid of numerous initiatives such as the MANUS project for everyday tasks and the digital wheelchair project for industrial applications.

Robotic Wheelchair Market: Key Players

  • Ottobock SE & Company
  • Sunrise Medical LLC
  • Permobil Corporation
  • Meyra GmbH
  • Karman Healthcare

Research and development efforts are increasingly done by manufacturers to create smart and innovative technologies to support people with moving disabilities. UPnRIDE Robotics recently announced that the United States Food and Drug Administration (FDA) has cleared its Robotic Standing Wheelchair for marketing and use in the United States.

This will make UPnRIDE products available in in the U.S. market. Haneda International Airport in Tokyo and Changi General Hospital in Singapore and Singapore MIT Research Development Partnership unveiled a self-driving robotic wheelchair operative with a mobile app developed by Panasonic and Whill Inc.

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Robotic Wheelchair Market: Effect of Covid-19

The COVID-19 epidemic has seriously affected the OEM industry with disruptions to the supply chain and manufacturing operations. The reduced involvement of robotic wheelchair manufacturers in product design and production is one of the most important changes that the supply chain will see in a post-Covid-19 environment.

The need for cooperation and collaboration between stakeholders, especially suppliers and OEMs, will therefore have to become stronger in order to tackle the challenges posed by the pandemic.

The research report presents a comprehensive assessment of the robotic wheelchair market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data. It also includes projections using a suitable set of assumptions and methodologies.

The research report of the robotic wheelchair market provides analysis and information according to the different market segments such as use, drive type, distribution channel and region.

The robotic wheelchair market report covers exhaustive analysis on

  • Market Segments of the Robotic wheelchair Market
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends / Issues / Challenges
  • Competition & Companies Involved
  • Value Chain of the Robotic Wheelchair Market

Regional analysis includes

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

The robotic wheelchair market report is a compilation of first-hand information, qualitative and competitive assessment industry analysts, and inputs from industry experts and industry participants across the value chain.

The report for the robotic wheelchair market provides an in depth analysis of the 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.

About FMI:

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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Hospital Supplies Market is projected to increase at 3.7% CAGR from 2022 to 2032

The Hospital supplies such as gloves, medical protective equipment etc., are used for maintaining the hygienic environment and to prevent the spread of hospital-acquired infection. These supplies are stocked to examine, diagnose, and treat disease as an effective solution for patient care.
As per Future Market Insights, the global hospital supplies market was valued at over US$ 28.6 Bn in 2021 and is expected to exhibit growth at a CAGR of 3.7% over the forecast period (2022-2032).

According to WHO statistics, approximately 15% of all hospitalized patients suffer from these healthcare-associated infections. Rising prevalence of hospital-acquired infection results in prolonged hospital stay, disability and economic burden. Predisposing factors such as excessive antibiotic consumption and severe illness prevalence will lead to an increase in nosocomial infection rate, which will further push the usage of surgical kits, diagnostic kits and surgical consumables.

The COVID-19 pandemic outbreak escalated the demand for hospital supplies. The prevention of exposure to spread viral infection has fostered the demand for disposable hospital supplies like general disposables (masks, gowns), wound care products, hypodermic products, and sterilization consumables.

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The development of the hospital supplies market is reliant on the increasing adoption of sterile products, growing incidence of hospital-acquired infections and rising awareness about safe health and hygiene practices in developing countries.

“Rising awareness regarding medical sterilization and hygiene in developing nations, along with technological advancements hospital supplies will auger well for thr growth in the market,” says an FMI analyst.

Key Takeaways:

• Based on product type, the hypodermic and radiology products segment accounted for 17.6% of the total market in 2021, and demand is expected to increase at a 3.6% CAGR through 2032.

• In terms of end-user, hospitals are expected to register a CAGR of 3.9% in the forthcoming years.

• The U.S. is anticipated to dominate the North America hospital supplies market over the forecast period, accounting for a lion’s share.

• Sales in the Germany hospital supplies market are slated to increase at a 3.5% CAGR over the assessment period.

•  Demand in the China hospital supplies market will grow at a 4.1% CAGR in the forthcoming years.

•  India will emerge as a lucrative pocket, with demand growing at a 4% CAGR through 2032.

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Competition Landscape

The key players in the hospital supplies market are focusing on tapping market potential through entering into strategic mergers & acquisitions agreements. They are also improving their product portfolios to gain a competitive edge in the market. For instance:

•  In March 2021, Cardinal Health entered into a partnership with FourKites to improve the tracking of medical supplies and equipment’s along with pharmaceutical products, first aid supplies and personal protective equipment (PPE) kits in hospitals, pharmacies and other healthcare settings across the globe.

•  In December 2020, 3M launched its next generation of silicon adhesive tapes, the 2480 3M™ Single coated medical nonwoven tape with silicon adhesive liner. It offers more and secure adhesion, avoids trauma to patient skin and aids a longer wear time. Hence, rising incidents of hazardous situations and chronic disease prevalence will propel market growth in future.

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Key Market Segments Covered in Hospital Supplies Industry Research By Product:

•  Sterilization Consumables
•  Wound Care Products
•  Dialysis Products
•  Infusion Products
•  Hypodermic & Radiology Products
•  Intubation & Respiratory Supplies
•  Surgical Procedure Kits & Trays
•  Blood Management & Diagnostic Supplies
•  General Disposable Products

By End User:

•  Hospitals
•  Ambulatory Surgical Centres
•  Clinics
•  Diagnostic Centres
•  Long Term Care Centres
•  Nursing Facilities

By Region:

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

About FMI:

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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HIV Diagnostics Market is predicted to rise from US$ 3.0 Billion in 2022

As per Future Market Insights, the HIV diagnostics market is predicted to rise from US$ 3.0 Bn in 2022 to US$ 6.4 Bn in 2032. The HIV diagnostics market is anticipated to record a steady CAGR of 7.9% during the period 2022-2032.

Technological improvements and increasing prevalence of HIV in developing and underdeveloped countries will foster the industry growth. HIV is one of the serious public health challenges across the globe. HIV if not treated on time can lead to formation of AIDS.

Despite numerous research and advances in scientific studies related to HIV still there is no vaccine and preventive medication to control the spread of the infection. One of the only methods to tackle the infectious is by treating it on time and access to proper treatment and care.

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Therefore, many governments, NGO’s and other organizations play a crucial role in creating proper awareness for the prevention of HIV/AIDS. Governments across the globe are undertaking numerous initiatives to educate its citizens regarding prevention and safer sex practices. They are developing better healthcare infrastructure to provide sophisticated patient care as well as management.

Favourable regulatory environment and substantial investment in R&D activities by market participants for the development of improved quality HIV testing kits for home use is likely to propel the HIV diagnostics market growth.”

The demand for HIV diagnostics is forecasted to grow due to factors such as the rising global prevalence of HIV/AIDS, as well as the rising number of blood transfusions and blood donations.

What is the Segmentation Outlook for the HIV Diagnostics Market?

The consumable sector accounted for the largest market share in the global HIV diagnosis market. Consumption of consumables such as assays, reagents, and kits are on the rise, which is propelling the HIV diagnostics market forward.

HIV Diagnostics Market Key Players

  • Siemens Healthineers
  • F. Hoffmann-La Roche Ltd
  • Abbott Laboratories
  • Danaher Corporation
  • Thermo-Fisher Scientific Inc

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HIV Diagnostics Market Key Segments

By Product:

  • Consumables
  • Instruments
  • Software & Services

By Test Type:

  • Antibody Tests
  • Viral Load Tests
  • CD4 Tests
  • Others

By End User:

  • Diagnostic Laboratories
  • Hospitals
  • Others

By Region:

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

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Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Summary of Statistics

    1.3. Key Market Characteristics & Attributes

    1.4. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment

    3.1. Risk Assessment

        3.1.1. COVID-19 Crisis and Impact on HIV Diagnostics

        3.1.2. COVID-19 Impact Benchmark with Previous Crisis

        3.1.3. Impact on Market Value (US$ Mn)

        3.1.4. Assessment by Key Countries

        3.1.5. Assessment by Key Market Segments

        3.1.6. Action Points and Recommendation for Suppliers

    3.2. Key Trends Impacting the Market

    3.3. Formulation and Product Development Trends

4. Market Background

    4.1. HIV Diagnostics Market, by Key Countries

    4.2. HIV Diagnostics Market Opportunity Assessment (US$ Mn)

        4.2.1. Total Available Market

        4.2.2. Serviceable Addressable Market

        4.2.3. Serviceable Obtainable Market

    4.3. Market Scenario Forecast

        4.3.1. Demand in optimistic Scenario

        4.3.2. Demand in Likely Scenario

        4.3.3. Demand in Conservative Scenario

    4.4. Investment Feasibility Analysis

        4.4.1. Investment in Established Markets

            4.4.1.1. In Short Term

            4.4.1.2. In Long Term

        4.4.2. Investment in Emerging Markets

            4.4.2.1. In Short Term

            4.4.2.2. In Long Term

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Dental Laboratories Market is set to witness substantial growth at a CAGR of about 5.6% from 2022 to 2032

[107 Pages Report] According to the latest revised industry analysis from Future Market Insights, the global dental laboratories Market but was valuable US Dollar$ 29.24 Bn Expected to exhibit close CAGR in 2021 5.6, Over the forecast period (2022-2032).

In restorative dentistry, the major responsibility of the dental laboratory is to accurately reproduce all the functional and aesthetic requirements that the dentist has established in a restorative solution. Increase in dental tourism and medical operations as a result of attractive marketing approaches affecting the cosmetic appeal of dental integrity. This has influenced the global expansion of the dental laboratories market.

Dental laboratories have seen rapid improvement in terms of the structural structure of operations as well as the process flow of the dental practice. These advancements include rapid digitization, integrated artificial intelligence and the Internet of Things (IoT) within standard dental workflows and procedures. This standard facilitates the adoption of a time-efficient and cost-effective approach to personalized therapeutic interventions by adding personalized effects to the procedural flow.

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The major players involved in the f Dental Laboratories Market are:

  • Envista Holdings Corporation
  • Dentsply Sirona
  • A-Dec Inc.
  • Strowman AG
  • Danaher Corporation
  • Zimmer Biomet Holdings, Inc.
  • Ultradent Products, Inc.
  • GC Corporation
  • Mitsui Chemicals, Inc.
  • Planmeca Oy
  • Bego GmbH & Co. Kg
  • Septodont Holding
  • Evocolor Vivadent AG
  • Henry Schein, Inc.
  • Champlain Dental Laboratory, Inc.
  • knight dental design
  • National Dentex Corporation
  • 3M Health Care

Additionally, advances in implant materials, such as the use of hydroxyapatite coatings and bone morphogenic proteins, have resulted in painless procedures with shorter chair times and faster healing.

With the introduction of CAD/CAM to accelerate the process of planning and management of complex dental procedures and implant design through 3D imaging, dental laboratories are moving towards better patient diagnosis.

Due to rising incidence of periodontal diseases, high prevalence rate of elderly population, unhealthy dietary practices due to increasing lifestyle changes, high tobacco consumption and recent wave of industrial automation, the dental laboratories market is expected to witness a profitable growth . Rate.

key takeaways from market study

  • Depending on the equipment, the Systems & Parts segment is expected to hold 35, Global market value share through 2022 and beyond.
  • In terms of product, the implant had a major market share value 28.3% In the global market of 2021.
  • North America is considered the leading region with a price share of 36.4% in 2021.
  • US is expected to lead the growth in the North America Dental Lab market during the forecast period

,advanced Systems within automated dental laboratories will promote smooth procedural workflows with less manual intervention. Hence, major players in dental laboratories are offering advanced and automated dental equipment to gain revenue,, Says an analyst at Future Market Insights.

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market competition

The dental laboratory market exhibits a number of promotional activities that have an impact on the growth of the market and the regional footprint expansion of the major players. The process of systems and technology up-gradation, as well as integration of digital and telehealth solutions into the common procedural flow, are all part of these operations.

for example:

  • In December 2021, Septodont Holdings completed its deal with Sanofi to purchase the dental brands Birodogyl®, Ultracain®, Dontisolon®, and Rodogyl®, as well as related medical equipment.
  • Ivoclar Vivadent announced in November 2021 a new and revolutionary version of its Programat® furnaces, introducing the Internet of Things to the modern dental laboratory system.

Want more insight?

Future Market Insights brings to you a comprehensive research report on projected revenue growth at global, regional and country levels and provides analysis of the latest industry trends in each sub-segment from 2017 to 2032. The global Dental Laboratories market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. This study provides compelling insight into the dental laboratories market segment on the basis of product (resurrection, orthodontic, endodontic, implant and oral care) and equipment (dental radiology equipment, dental lasers, systems and parts, laboratory machines, hygiene maintenance equipment, and others) provides. ) in seven major regions of the world.

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Detailed Table of Contents:

  • executive Summary
    • Global Market Outlook
    • demand side trends
    • supply side trends
    • technology roadmap
    • analysis and recommendations
  • market Overview
    • Market Coverage / Taxonomy
    • Market Definition / Scope / Boundaries
    • Inclusions and Exclusions
  • major market trends
    • Major trends affecting the market
    • Product Innovation / Development Trends
  • market background
    • macro-economic factors
      • Global GDP Growth Outlook
      • Global Health Care Expenditure Outlook
      • Development of healthcare sector in emerging countries
    • Predictive Factors – Relevance and Impact
      • increase in technological progress
      • strategic cooperation
      • Product launch frequency
      • Increase in health care spending in developing economies
    • market dynamics
      • drivers
      • Helplessness
      • opportunity analysis
  • COVID19 Crisis Analysis
    • COVID19 and Impact Analysis
      • revenue by equipment
      • Income by Product Type
      • revenue by region
    • 2021 Market Scenario
  • critical success factors
    • Product Adoption/Usage Analysis
    • Key Promotional Strategies by Major Manufacturers
    • regulatory landscape
    • reimbursement scenario
    • value chain analysis
    • Porter’s analysis
    • pastel analysis

About FMI:

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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IoT in Healthcare Market is projected to reaching US$ 952.3 Billion by 2032

[297 Pages Report] The global IoT in healthcare market is projected to reach US$ 181.4 Billion in 2022, anticipated to grow at a CAGR of 18.0%, reaching US$ 952.3 Billion by 2032. The market is slated to document a Y-o-Y growth rate of 20.7% from 2021-2022, increasing from the previously registered value of US$ 150.3 Billion.

By enabling real-time patient data access and remote patient monitoring, the Internet of Things (IoT) has the potential to disrupt traditional paper-based healthcare therapy. With the emergence of this digital healthcare technology, the impending need for enhanced diagnostics and targeted therapeutic options was met.

Furthermore, it not only enables physicians to remotely monitor patients, but it also functions as a fitness and wellness tracker for athletes and a dose reminder for patients. The successful implementation of IoT in remote monitoring of diabetic and asthma patients, along with the growing usage of fitness and wellness devices, has resulted in a considerable demand for the IoT healthcare business.

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Key Takeaways from the Market Study
•IoT in healthcare experienced a growth rate worth 18.8% between 2015 and 2021

  • Portable diagnostic devices in the IoT in Healthcare segment to expand at a CAGR of 10.1% during the forecast period
  • In the U.S., the market is predicted to reach US$ 208.1 Billion while growing at a CAGR of 18.9% during the forecast period
  • China’s market is expected to reach a market value of US$ 92.8 Billion with a CAGR of 19.5% during the forecast period

“Big data analytics is an area of IoT that is quickly expanding. The most recent breakthroughs in machine learning, logical procedures, computational intelligence, and data mining are required for big data analytics”, says an FMI analyst.

Competitive Landscape

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Key players that have been profiled in the report are Apple Inc., Cisco Systems Inc., GE Healthcare Ltd., Google (Alphabet), International Business Machines
Corporation, Medtronic PLC, Microsoft Corporation, Proteus Digital Health, Koninklijke Philips N.V., QUALCOMM Incorporated, and Abbot Laboratories are among companies that offer products and technologies that will allow customers to take advantage of new technologies.

  • In April 2019, Royal Philips and Spencer Health Solutions expanded their relationship to provide chronically sick patients in selected European Union (EU) nations with in-home medication adherence and the Philips telehealth platform.
  • Medtronic worked with IBM Watson in January 2019 to provide IQcast, a new feature of its current product Sugar.IQ, for iOS mobile devices in the United States. The software would provide patients with a hypoglycemic episode to monitor their low glucose level by anticipating the occurrence 1 to 4 hours in advance.

About FMI:

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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