Pulmonology Devices Market Growth, Share, Demand and Applications Forecast to 2030

According to Future Market Insights (FMI), driven by the rising incidence of respiratory diseases the demand for pulmonology devices market growth will rise. Respiratory disorders such as asthma, chronic obstructive pulmonary disorder (COPD), and lung cancer is on the rise globally. Smoking and unhealthy living environment are often identified as common causes fuelling the incidence of respiratory disorders.

Government initiatives supported by public and private organizations to spread awareness has led people to focus on early diagnosis of medical conditions to avoid delay in treatment. Furthermore, a number of players are developing new products to expand their product portfolio as well as to maintain their position in the market.

For an instance Olympus has launched a few unique pulmonology devices such as the flexible bronchoscope that has helped the company in maintaining its position in the market. A large number of domestic players are slowly emerging in Asia Pacific. Rise in healthcare expenditure in developing countries and improving reimbursement policies are causing shift in focus among market players from developed to developing countries.

Moreover, the availability of pulmonology devices for healthcare professionals has been impacted by COVID-19 supply chain crisis. However, there are measures taken to manage this situation. Governments have relaxed controls to make supply easy. Export controls have been made easy by several manufacturing countries.

Major manufacturers in the pulmonology devices market share are geared up and focusing on local production of pulmonology devices. According to the report, the increasing cases COPD and lung cancer will continue fuelling demand in the market.

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Key Takeaways from pulmonology devices Marker Study

  • The demand for pulmonology devices is expected to get higher, enabling the market to exhibit 10.8% CAGR between 2020 and 2030
  • Backed by increasing healthcare spending, the U.S. is expected to account for nearly 90% sales in North America
  • Favorable reimbursement policies will enable the U.K. to exhibit 13% y-o-y growth in 2021
  • Germany and France will showcase increasing investment towards expanding healthcare infrastructure, in turn fuelling the demand for pulmonology devices
  • Within East Asia, Japan and South Korea will represent highly attractive markets for sale

Who is Winning?

Leading players in the pulmonology devices market on strengthening their market position though the Acquisition, Partnerships and expansion. For Instance,

  • In February 2019, the Conmed Corporation acquired privately-held Buffalo Filter LLC, a leader in surgical smoke evacuation technologies. The company’s comprehensive product portfolio includes smoke evacuation pencils, smoke evacuators, and laparoscopic solutions.
  • In November 2019, Cook Medical opened new facility in India. This office enables the company to expand its business in emerging markets.
  • In January 2019, the Verathon, Inc launched GlideScope® BFlex, a single-use flexible bronchoscope that offers optimal visibility and maneuverability for routine airway and bronchoscopy procedures.

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Pulmonology devices Market by Category

Product

  • Pulmonary Biopsy Devices
    • Single- Use Biopsy Forceps
    • Cytology Brushes
    • Microbiology Brushes
  • Endobronchial Ultrasound (EBUS) Needles
    • Endobronchial Ultrasound Fine Biopsy Needles
    • Endobronchial Ultrasound Transbronchial Aspiration Needles
  • Airway Stents
    • Silicon Stents
    • Nitinol Stents
    • Stainless Steel Stents
  • Airway Extraction Baskets
  • Single-Use Bronchoscopes

Indication

  • Lung Cancer
  • COPD
  • Foreign Body Extraction
  • Tracheal and Bronchial Stenosis
  • Others

End User

  • Hospitals
  • Pulmonology Clinics
  • Ambulatory Surgical Centers

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusions and Exclusions

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

3.3. Disease Epidemiology, By Region

3.4. Technology Assessment Vs. Application

3.5. Regulatory Scenario

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The key market players covered by FMI include Boston Scientific Corporation, CONMED Corporation, Olympus Corporation, Cook Medical Incorporated, Medi-Globe GmbH, Ambu A/S, Verathon, Inc, consolidating their positions through mergers, acquisitions and new product launches.

Valuable Insights into Pulmonology Devices Market

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The global pulmonology devices market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provide compelling insights on pulmonology devices market on basis of product in detail cover every aspects of the market such as (pulmonary biopsy devices, endobronchial ultrasound (EBUS) needles, airway stents, airway extraction baskets, single-use bronchoscopes), indication (lung cancer, COPD, foreign body extraction, tracheal and bronchial stenosis and others) and End User (hospitals, pulmonology clinics, ambulatory surgical centers) across seven major regions.

ABOUT FUTURE MARKET INSIGHTS, INC.

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

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Autoclaves Market Demands, Regional Developments and Industry Competitive Landscape Analysis 2030

The global Autoclaves Market Demand is estimated to be valued at US$ 2.09 Bn in 2022 and is expected to reach US$ 3.17 Bn by 2030, finds Future Market Insights (FMI) in a recent market survey. Gravity autoclave accounts for about 54.0% of the market value share of the product segment in 2021. Autoclave is a device that is majorly used for sterilization & disinfection process. Autoclave device operates on physical method, which maintains pressure conditions and temperature for the process of sterilization in less time. In healthcare, autoclave has applications for predisposal and sterilization of medical equipment and material. Autoclave equipment creates an artificial environment to withstand high pressure and high temperature.

According to the Centers for Disease Control and Prevention (CDC), on any given day, about 1 in 31 hospital patients has at least one health-care associated infection. Autoclaving destroys microorganisms with higher efficiency than dry heat. Hence autoclaves are registering increasing applications in the healthcare industry.
While the outbreak of novel coronavirus has taken a toll on the market affecting its growth, it is recovering steadily to bounce back. Patient admissions in hospitals and other healthcare facilities has increased, which is in turn fuelling the demand for autoclaves in the recent year.

FMI offers an in-depth analysis and overview of the global autoclaves market analysis, covering factors enabling its growth, creating prospects, and key threats.
Some of the key takeaways from the report are highlighted below-

  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global autoclaves market share.
  • Floor standing autoclaves will gain traction due to the high for laboratory applications
  • This study presents the analytical depiction of the global autoclaves market along with the current trends and future estimations to determine the imminent investment pockets.
  • The current market is quantitatively analyzed from 2021 to 2030 to highlight the global autoclaves market growth scenario. Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global autoclaves market analysis based on competitive intensity and how the competition will take shape in coming years.

“The rising awareness among the hospital staff, doctors, and patients regarding the hospital acquired infections is spurring the growth of the autoclaves market. The outbreak of COVID-19 pandemic has resulted in unbridled rise in patient pool across hospitals and healthcare centers, increasing the risk of hospital acquired infections. According to the National Centre for Biotechnology Information (NCBI), the risks of Central Line-Associated Bloodstream Infection (CLABSI), Catheter Associated Urinary Tract Infection (CAUTI), and others are higher in COVID-affected patients. This has been fuelling the demand for autoclaves and the trend is expected persist over the next couple of years,” says an FMI analyst.

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COVID-19 Impact Analysis
The outbreak of COVID-19 pandemic caused decline in the growth of market earlier this year. The sudden lockdown, coupled with restrictions imposed, had severely affected manufacturing units of the autoclaves. However, autoclaves being an integral part of the sterilization process started experiencing surge in demand soon after getting over the temporary period of lull. The ongoing pandemic has resulted in higher requirement for sterilized and clean environment across healthcare facilities, which is substantially pushing the demand curve for autoclaves upward.

As per Medical Product Outsourcing (MPO), autoclaves are staples in the healthcare industry and they are used extensively for high-pressure steam sterilization on various tools and industrial components, especially during COVID-19 pandemic.

According to the World Health Organization (WHO), biosafety levels BSL-2 and BSL-3 are required in order to handle COVID-19 by maintaining clean and safe environment. As laboratory autoclaves are ideal for sterilization of contaminated instruments, waste, laboratory equipment, and others while maintaining these standards, they are highly required in diverse end-user industries starting from pathology laboratories to academic and research institutes.

Key Market Players

  • Astell Scientific
  • Shinva
  • Steris Corporation
  • Getinge
  • Belimed
  • MELAG,
  • Panasonic Biomedical Tuttnauer.

Autoclaves Market by Category

By Product Type:

  • Gravity Autoclave
  • Vacuum-induced Autoclave

By Modality:

  • Floor standing
  • Bench Top
  • Wall Mounted
  • Portable

By Loading Type:

  • Top Loading
  • Front Loading
  • Pass-Through

By Chamber Type:

  • Cylindrical
  • Rectangular

By End-User:

  • Hospitals
  • Office-Based Clinics
  • Academic and Research Institutes
  • Research Laboratories
  • Pathology Laboratories
  • Biopharmaceutical Companies

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Table of Content
1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusion and Exclusions

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Type Innovation / Development Trends

  1. Key Success Factors

4.1. Product Type Adoption Rate/Usage Analysis- Key Statistics

4.2. Key Promotional Strategies, By Key Manufacturers

4.3. Diseases Epidemiology By Region

4.4. New Product Launches

4.5. Products & Application Matrix

TOC Continue…

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ABOUT FUTURE MARKET INSIGHTS, INC.

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

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

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Magnetic Resonance Imaging (MRI) market: Market Players Leveraging on Growth Opportunities | Siemens, Philips Healthcare, GE healthcare

The magnetic resonance imaging (MRI) market size is projected to record a CAGR of 5.7% during the forecast period, up from US$ 7.9 Bn in 2021 to reach a valuation of US$ 12.2 Bn by 2028.

The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well.

The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower.

It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles.

However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.

The team of analysts at Future Business Insights are focussing on research and market study to produce different Magnetic Resonance Imaging (MRI) 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 Magnetic Resonance Imaging (MRI) Market.

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Key Players 

Some of the key players in Global Magnetic Resonance Imaging (MRI) are Siemens, Philips Healthcare, Toshiba medical systems, GE healthcare, Hitachi Medical systems, Esaote SpA and Sanrad Medical Systems Pvt. Ltd.

Segmentation 

Global Magnetic Resonance Imaging (MRI) is further segmented into following types

Based on field strength

  • Low Field MRI System
  • Mid Filed MRI System
  • High Filed MRI System

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Based on Application

  • Abdomen MRI
  • Brain MRI
  • MRA or Vascular MRI
  • Pelvic MRI
  • Spine MRI
  • Cardiac MRI

Based on Architecture

  • Open MRI
  • Closed MRI

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About Future Market Insights (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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Procurement Analytics Market Rising at a CAGR of 22.3% During Forecast Period 2022 – 2032

The Procurement Analytics Market revenues were estimated at US$ 2.6 Bn in 2021 and is anticipated to grow at a CAGR of 22.5% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 24.8 Bn. With the surge in revenue growth of SMEs, they have started to invest in technology to improve their supply chain and minimize operational costs.  

 SMEs account for almost 90% of all businesses and more than half of all jobs worldwide, according to the World Bank. Formal SMEs make for up to 40% of national income in emerging economies. Big data, governance, and data catalogues have been prioritized by SMEs, with a sustained focus on dashboards, reporting, and sophisticated visualization.  

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 Procurement Analytics assists SMEs in automating their processes by saving time and money while enhancing productivity and efficiency. It also focuses on core activities rather than regular business tasks, allowing it to focus on what matters most. It also aids in client communication and the creation of a digital presence, which help SMEs differentiate themselves from their competition at a low cost. 

 Key Takeaways from the Market Study 

  • Global Procurement Analytics Market is expected to reach a valuation of US$ 3.3 Bn by 2022.  
  • Supply Chain Analytics segment is expected to account for the highest CAGR rate of 22.1% during the forecast period. 
  • United States is projected to remain the most dominant market with an absolute dollar growth opportunity of US$ 7.6 Bn during 2022 – 2032. 
  • The market in US is set to experience the highest CAGR of 22.3% during 2022-2032. 

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 Competitive Landscape 

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

  • In April 2022, The Kraft Heinz Business and Microsoft Corp. established a partnership to create solutions to help the consumer products be more robust in their supply chain. The endeavour is a key driver of Kraft Heinz’s ambitious AGILE SCALE strategy, and it is one of the company’s largest technology investments at present. 
  • In March 2022, HSBC and IBM announced today that they will collaborate to investigate quantum computing applications in financial services. The new three-year agreement seeks to boost HSBC’s quantum computing skills and ensure the bank’s preparedness to fully implement the technology.  

 More Insights Available 

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

The study reveals extensive growth in Procurement Analytics Market in terms of Component (Solutions and Services), by Application (Supply Chain Analytics, Risk Analytics, Spend Analytics, Demand Forecasting, Contract Management, Vendor Management and Category Management), by Deployment Mode (Cloud and On-premises), by Organization Site (Large Enterprises and Small & Medium-sized Enterprises), by Industry Vertical (BFSI, Retail & e-commerce, Telecom and IT, Manufacturing, Healthcare and Lifesciences, Energy and Utilities, Government and Defence) across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa). 

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Market Segments Covered in Procurement Analytics Market Analysis

By Component:

  • Solutions
  • Services
    • Managed Services
    • Professional Services

By Application:

  • Supply Chain Analytics
  • Risk Analytics
  • Spend Analytics
  • Demand Forecasting
  • Contract Management
  • Vendor Management
  • Category Management

By Deployment Mode:

  • Cloud based Procurement Analytics Solutions
  • On-premises Procurement Analytics Solutions

By Organization Size:

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

By Industry Vertical:

  • BFSI
  • Retail and e-Commerce
  • Telecom and IT
  • Manufacturing
  • Healthcare and Life Sciences
  • Energy and Utilities
  • Government and defence

By Region:

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

About Future Market Insights (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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Demand of Veterinary Chemistry Analyzer Market Growing at a Robust CAGR of Nearly 8% to 9% During the Forecast Period 2022-2032

The global veterinary chemistry analyzer market is estimated to create an incremental opportunity of around US$ 2.25 Bn by the end of 2032. The demand for veterinary chemistry analyzers is expected to exceed US$ 1.2 Bn by 2022, growing at a robust CAGR of nearly 8% to 9% during the forecast period 2022-2032.

With the rising number of pet adoption, demand for healthcare maintenance of pet will remain to grow. The frequency of zoonotic diseases has led to an upsurge in the awareness of animal healthcare. Rising need for animal healthcare will continue to generate the demand for veterinary chemistry analyzer in the market worldwide.

Furthermore, a growing number of veterinary practitioners is expected to boost the sales of the veterinary chemistry analyzer in the global market for veterinary chemistry analyzers. Owing to these factors, the global veterinary chemistry analyzer market is anticipated to the observe substantial growth during the forecast period.

Rising incidences of Zoonotic Diseases to Surge the demand of veterinary chemistry analyzer

Increasing rates of the zoonotic diseases is additionally expected to generate the demand for the global market of veterinary chemistry analyzers. According to a newly published report of CDC, every year tens of thousands of American citizen get sick due to zoonotic diseases which spread between people and animals.

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  1. Coli infection, salmonella infection, chikungunya, malaria, and dengue are some of the severe and most common zoonotic diseases. According to the World Health Organization (WHO), in 2015, malaria results for 429,000 deaths and 212 million clinical cases.

The demand for veterinary chemical analyzers is anticipated to increase drastically due to the upsurge in need of various control measures on zoonotic diseases. Increase in the demand for cheap, convenient and rapid diagnostic test equipment is expected to boost the growth of the global market for veterinary chemistry analyzer.

Market Dynamics: Global Veterinary Chemistry Analyzer Market

High Awareness about the Medical Tests is Boosting the Demand for Veterinary Chemistry Analyzers

The high importance of conducting hematology tests has sustained to generate continuous demand for the veterinary chemistry analyzer market globally. As the necessity of delivering accurate results and exploit the testing flexibility arises, the demand for veterinary chemistry analyzer is likely to rise during the forecast period. The inclination for consuming animal-derived food is a growing trend in the food industry.

The obligation of FDA regulations in contradiction of prohibited residue and adulteration in the animal food products is further increasing the growth of the global market for veterinary chemistry analyzer during the forecast period. Owing to these factors, the veterinary chemistry analyzer demand is anticipated to grow in the worldwide market.

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Rising demand for animal protein and Veterinary Hospitals to upsurge the market growth

The growing demand for animal proteins is the principal factor in the global rise of livestock production and the increase in exports of animal products. Changing lifestyles and rising disposable income are fueling the animal-derived food products demand.

The increasing number of veterinary hospitals is another reason for the rising demand for veterinary chemistry analyzer in the global market.

Competition Landscape: Global Veterinary Chemistry Analyzers Market

Some prominent market players mainly dominate the global market. The significant factors on which the market players are competing are the quick testing and handy analyzers, advanced technology, better connectivity and faster analysis, and others. The cumulative increment in the sales of veterinary chemistry analyzers is key market driving factor.

  • For Instance, regarding the report of the American Pet Products Association (APPA), the U.S. pet animal food sales are doubled to USD 22 billion from the year 2000 to the year 2014 and are anticipated to grow at a 2.5% CAGR. According to Mintel, in 2014, 79.0% of U.S. pet owners measured the quality of pet food products as an essential aspect as their own.

Prominent market players operating in the global market of veterinary chemistry analyzer consists of Abaxis, Inc., Arkray, Inc., Alfa Wassermann, Inc., , Chengdu Seamaty Technology Co., Ltd., Biochemical Systems International Srl, Elitechgroup, Diasys Diagnostic Systems GmbH, Eurolyser Diagnostica GmbH, Idexx Laboratories, Inc., Heska Corporation, and Randox Laboratories Ltd.

Regional Outlook: Global Veterinary Chemistry Analyzers Market

The huge share of the regional market is driven by cumulative demand for animal food products, increasing healthcare expenditure on animals, rising animal population, and increasing awareness of zoonotic diseases.

North America region is anticipated to hold the prominent share in the global veterinary chemistry analyzers market owing to high popularity of adopting the animals and increasing population of pet animals.

Europe is expected to follow the North America region in the veterinary chemistry analyzers market. Asia Pacific and MEA regions are anticipated to show considerable growth for veterinary chemistry analyzer market in the forecast period.

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The 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 Veterinary Chemistry Analyzer market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on:

  • Veterinary Chemistry Analyzer Market Segments
  • Veterinary Chemistry Analyzer Market Dynamics
  • Veterinary Chemistry Analyzer Market Size
  • Supply & Demand for Veterinary Chemistry Analyzer Market
  • Current Trends/Issues/Challenges in Veterinary Chemistry Analyzer Market
  • Competition & Companies Involved in Veterinary Chemistry Analyzer Market
  • Technology in Veterinary Chemistry Analyzer market
  • Veterinary Chemistry Analyzer Market Value Chain
  • Veterinary Chemistry Analyzer Market Drivers and Restraints

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
  • Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

Market Segmentation: Global Veterinary Chemistry Analyzer

The global market for veterinary chemistry analyzer can be segmented on the basis of product type, application type, and region.

Global Veterinary Chemistry Analyzer by Product Type,

  • Consumable segment
  • Panels
  • Kits
  • test strips
  • reagents
  • Instrument segment

Global Veterinary Chemistry Analyzer by Application Type,

  • Blood chemistry analysis
  • Urinalysis, glucose monitoring
  • Blood gas-electrolyte analysis

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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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Machine Learning As A Services Market Overview and Competitive Landscape till 2027

With the emergence of need for new computing technologies, the machine learning as a service market has emerged drastically from the past where an organisation need critical, reliable and faster ways to learn from the data already available and provide insights. The evolution of artificial intelligence enabled researchers to adopt new iterative models for machine learning and when these models are exposed to new data they are able to learn independently.

With recent advances in science and technology, particularly in machine learning, organisations need to adopt more comprehensive analytics strategies rather than basic analytics as large volumes of data is needed to be analyzed. Machine learning draws from numerous fields of study—artificial intelligence, data mining, statistics, and optimization.

Many organisation are adopting machines learning as a service (MLaaS) rather than in-house development due to various Organizational Challenges like talent scarcity etc., and Data Challenges like need of reliable and quality data. The organisations also face Infrastructure Challenges like lack of proper storage facilities and hardware for computation.

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Market drivers & challenges

Major markets drivers for Machine learning as Service (MLaaS) market increased volume of data and diversity in the data available which need to be studied qualitatively. The other driver for Machine learning as service market was data storage became more affordable and cheaper.

The other major market driver for the Machine learning as Service market (MLaaS) is Recommendation systems which are usedacross a wide range of industries, most notably online shopping sites which help organisation to get deeper insights about the customer behavior by helping them discover new and relevant offers thereby leading to stronger customer relationships and higher sales for the business.

The other major factor driving Machine learning as Service market (MLaaS) is some organizations need to make important decision during real time where machine learning models provide best predictions.

The biggest challenge in adopting Machines Learning as Service (MLaaS) by many organisations was the “cold start” problem wherein they lack the historical data needed to provide recommendations where in organisation first create a feedback lack that test user responses in order to make further recommendations which can improve over time.

Market Overview

North America region is dominant in Machine Learning as a Service Market due to growing demand from large enterprises and startup companies in North America and followed by Western Europe during the period. Asia-Pacific region is expected to grow at a faster rate during the forecast period.

Key Market Players

Some of the Key players in Machine Learning as a Service Market include Google, Amazon Web Services, IBM Corporation, Microsoft Corporation, SAS Institute Inc., BigML, Inc., DataRobot, Inc., FICO (Fair Isaac Corporation), Yottamine Analytics, LLC, and Algolytics.

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The report covers exhaustive analysis on

  • Global Machine Learning as a Service Market segments
  • Global Machine Learning as a Service Market dynamics
  • Historical Actual Market Size, 2015 – 2016
  • Global Machine Learning as a Service Market size & forecast 2017 to 2027
  • Ecosystem analysis
  • Global Machine Learning as a Service Market current trends/issues/challenges
  • Competition & Companies involved technology
  • Value Chain
  • Global Machine Learning as a Service Market drivers and restraints

Regional analysis for global Machine Learning as a Service Market includes development of these technologies in the following regions

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

The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic 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.

Global Machine Learning as a Service Market: Segmentation

Global Machine Learning as a Service Market is segmented based on the, type, vertical and region.

On basis of Type global Machine Learning as a Service Market can be segmented to

  • Supervised learning
  • Unsupervised learning
  • Semi supervised learning
  • Reinforcement learning web
  • mobile

On the basis of vertical global Machine Learning as a Service Market is segmented into 

  • BFSI
  • Government
  • healthcare
  • retail
  • energy
  • transportation
  • Others

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About Us

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

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Atomic Spectroscopy Market Size In 2022: Industry Growth, Top Prominent Players, and Latest Technology Forecast 2032

The Global Atomic Spectroscopy market size study provides critical information related to the global, regional and top players including Atomic Spectroscopy market share analysis, winning strategies, recent developments, and financial planning.

The study also calibrates the impact of macroeconomic and microeconomic factors that may have an impact on the growth of the Atomic Spectroscopy market in addition to offering details on the major market participants.

Following the development of AI and connected medical devices, the healthcare sector has experienced tremendous growth over the past ten years.

The scope for diagnostics and therapies within the medical field has been greatly expanded by technological advancement.

The basics of atomic spectroscopy were initially covered in the study, including definitions, categories, applications, a market overview, product specifications, manufacturing procedures, cost structures, raw materials, and others.

Then it examined the market conditions in the major global regions, including the product price, profit, capacity, production, supply, and demand, as well as the anticipated growth of the Atomic Spectroscopy market.

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Understanding the Impact of Covid-19 on Healthcare Industry

With the pandemic plaguing maximum countries across the globe, healthcare industry is witnessing its fair share of ‘ups and downs’.

The COVID-19 has placed an enormous strain on the healthcare sector’s workforce, facilities and infrastructure.

Despite the endless pressure, healthcare sector is growing at a moderate pace due to the improvement in infrastructure and advancement in technology, healthcare sector is delivering a healthy performance.

The FMI’s latest report on the Atomic Spectroscopy market gives a detailed analysis on the impact of COVID-19 with an incisive coverage on the innovative strategies adopted by the market players to survive the challenges due to pandemic.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

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Competitive Analysis

By Prominent Market Players

Agilent Technologies, Aurora Biomed, Bruker Corporation, Hitachi High-Technologies Corporation, Shimadzu Corporation, GBC Scientific Equipment Pty Ltd., Thermo Fisher Scientific, PerkinElmer, Inc., Analytik Jena AG and Rigaku Corporation among other significant players.

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 Atomic Spectroscopy market

Key Segments Covered in the Atomic Spectroscopy Industry Survey

By Technology:

  • X-ray Fluorescence Spectroscopy
  • X-ray Diffraction Spectroscopy
  • Inductively Coupled Plasma Mass Spectroscopy (ICP-MS)
  • Inductively Coupled Plasma (ICP) Spectroscopy
  • Atomic Absorption Spectroscopy
  • Elemental Analyzers

By Application:

  • Food and Beverage Testing
  • Pharmaceutical
  • Industrial Chemistry
  • Environmental Testing
  • Biotechnology

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

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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.

Contact:

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Pharma Robots Market Expected to Reach Valuation of US$ 683.4 Mn by 2032

The Pharma Robots Market revenues were estimated at US$ 168.2 Mn in 2021 and is anticipated to grow at a CAGR of 13.8% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 683.4 Mn.  

 Pharmaceutical Companies held the largest revenue share of 2/3rd in 2021 owing to the growing adoption by the manufacturing companies for contamination control. Pharmaceutical companies are rapidly collaborating with automation and robotics solution providers to incorporate these technologies into operation including drug discovery, production, and anti-counterfeiting.

Personalized medicine is one area where robotics is projected to become more prevalent in order to make it sustainable. Pharmaceutical companies have been working with the providers of automation and robotics towards their integration into processes including manufacturing, drug development, and anti-counterfeiting.  

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 For example, together Clemson University and Nephron Pharmaceuticals Corporation have launched a benchtop robot capable of filling, capping, and sealing sterile pre-filled syringes, saving money by averting drug overfill and reducing adulteration. Without robots, filling syringes remains a highly regulated process that must be carried out by specialized technicians in ISO-certified clean rooms. The robot is intended to assist hospitals and healthcare facilities in dealing with a scarcity of pre-filled syringes. 

 Key Takeaways from the Market Study 

  • Global Pharma Robots Market is expected to reach a market size of US$ 188.6 Mn by 2022.  
  • The Traditional Robots segment, is expected to account for the highest CAGR of 14.5% during the forecast period. 
  • United States to remain the most dominant market with an absolute dollar growth opportunity of US$ 153.4 Mn during 2022 – 2032. 
  • The market in Japan is set to experience the highest CAGR of 16.1% during the 2022-2032 forecast period. 

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Competitive Landscape 

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

  • In December 2021, the Marchesini Group-Neri Division’s BL-A309 was displayed at FCE Pharma, a flexible solution for Print&Check and serialization processes that allow users to swiftly install all of the major pharmaceutical traceability devices on the market, from laser printers to ink-jet technologies. 
  • In December 2021, Universal Robots launched a virtual pharma event, where managers, experts, and other professionals in the pharmaceutical and medical technology industries learned about the various possibilities that robots provide. Universal Robots can be promising in the pharmaceutical industry and are already generating a significant buzz in the market. 
  • In May 2021, Fanuc augmented its SCARA robot line to provide more reach and payload alternatives to companies that are looking to automate assembly, packaging, pick-and-place, and inspection processes. New models with payload capacities of 3, 6, and 20 kg are SR-3iA, SR-6iA, SR-12iA, and SR-20iA. The reach of the models ranges from 400 to 1,000 mm. 

 More Insights Available 

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

The study reveals extensive growth in Pharma Robots Market in terms of Product Type (Traditional Robots and Collaborative Pharma Robots), Application (Picking and Packaging, Inspection of Pharmaceutical Drugs and Laboratory Applications), End-Use (Pharmaceutical Companies and Research Laboratories) across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa). 

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Market Segments Covered In Pharma Robots Market Analysis

By Product Type:

  • Traditional Robots
    • Articulated Pharmaceutical Robots
    • SCARA Pharmaceutical Robots
    • Delta Pharmaceutical Robots
    • Cartesian Pharmaceutical Robots
    • Dual-arm Pharmaceutical Robots
  • Collaborative Pharmaceutical Robots

By Application:

  • Robots for Pricking and Packaging
  • Robots for Inspection of Pharmaceutical Drugs
  • Robots for Laboratory Applications

By End-Use:

  • Robots for Pharmaceutical Companies
  • Robots for Laboratories Applications

By Region:

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

About Future Market Insights (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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Protein Ingredients Market worth USD 47.4 Bn by 2032 – Exclusive Report by Futuremarketinsights, inc.

The protein ingredients market is estimated to be valued at USD 27.5 Bn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 47.4 Bn by 2032, rising at a CAGR of 5.6% for 2022-32.

This growth is primarily attributed to the significant demand generated for these ingredients from the functional food market which has gained popularity in recent years due to rising awareness among consumers regarding healthy food habits.

Moreover, heightened demand for livestock food items, improvements in ingredient technologies like microencapsulation and a growing preference for protein-rich meals is anticipated to further propel the expansion of the market.

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In addition to this, rapid expansion of whey protein ingredients market and surging consumption of solid protein ingredients due to rising prevalence of protein deficiency diseases like kwashiorkor etc. across the world and increasing consumption of supplements by body builders and other professional athletes, will continue to generate growth prospects for the key market players in future.

The protein ingredients market accounted for 10.3% of the overall dietary supplements market which was valued at USD 252.1 Bn in the year 2021.

FMI provides a comparative analysis and review of the market’s growth rates and future development every six months. The market is anticipated to experience tremendous growth prospects as more proteins are developed by different manufacturers that contain a variety of amino acids and serve certain purposes, such as weight loss, muscle repair, satiety, and energy balancing.

Protein components are increasingly used in a variety of applications; for instance, isolates are frequently used during dairy applications because of their great dispersibility and extremely tiny particle size. The main factor driving this business has been consumer trust in the health advantages linked to these goods.

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There have been a number of recent changes in this market-

  • In October 2021, Lacprodan BLG-100, a pure BLG component with a distinctive nutritional profile, was introduced by Arla Foods Ingredients. It is made utilising a patented novel separation technique and includes 45 per cent more leucine than available commercially whey protein isolates, the primary amino acid for muscle growth.
  • In November 2021, FrieslandCampina Solutions and AGT Foods announced their collaboration to introduce pea and fava bean isolates onto the market for plant-based proteins.

The global market for Protein Ingredients Market has witnessed H1 2021 growth at the magnitude of 5.5%. However, this growth is not evenly spread across all regions, with the developing markets recording higher growth rates of 6.2%. Thus, leaving the gap of -61.6 BPS points between expected and projected growth during H1 2022.

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About Future Market Insights (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.

Contact:

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Fin Field Effect Transistor (FinFET) Market Segmentation & Analysis by Recent Trends, Development, Investigation, Growth Forecast 2022 to 2032

The worldwide fin field effect transistors market is estimated to be esteemed at US$ 12,034.1 Million of every 2022. During the figure time frame going from 2022-2032, deals of fin field effect transistors are supposed to develop at a CAGR of 23.5%, to be esteemed at US$ 99,0 71.0 Million. During the verifiable period 2016-2021, fin field effect transistors utilization leaned at a 22.2% worth CAGR.

Scaling down has been the pattern in the innovation market for a now time now and with the approach of gadgets, for example, wearables the need to fit more parts in restricted space on gadgets and semiconductors is like never before.

Semiconductors have commonly kept the Moore’s regulation and the quantity of transistors on a given area of silicon has multiplied like clockwork. While semiconductors have developed more modest in size they have likewise effectively handled the issue of force proficiency to empower productive working of battery based gadgets.

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This large number of improvements in semiconductors has been made conceivable by the utilization of Fin Field Effect Transistors, a kind of non-planer or “three dimensional” transistor utilized in present day processers. The Fin Field Effect Transistor utilizes fin molded door anode which transcends the degree of cover.

The Fin-Shaped cathode on Fin Field Effect Transistor permits various entryways to work on a solitary transistor. This is one of the essential techniques utilized by a Fin Field Effect Transistor to empower space and productivity upgrades. Fin Field Effect Transistors were first presented in 2012 by Intel with its 22-mm Ivy Bridge processors

Fin Field Effect Transistors Market: Drivers & Challenges

The need of power and space efficiency is increasing day by day. Fin Field Effect Transistors are at the base of many of the IoT devices that are getting adopted in consumer as well as Enterprise markets at a fast pace. This has resulted in a scenario where Fin Field Effect Transistors have become elemental in most of the modern semiconductors.

IoT will this drive the demand of Fin Field Effect Transistors. While Fin Field Effect Transistors have been adopted heavily across applications the production processes for Fin Field Effect Transistors has been hard to adopt even for some of the established semiconductor manufacturers.

Fin Field Effect Transistor Market: Segmentation

Fin Field Effect Transistors Market, By Technology:

Fin Field Effect Transistor Technology is segmented into 22nm, 20nm, 16nm, 14nm, 10nm & 7nm. The nanometer size refers to gage of copper in the transistor. The smaller number of Nanometer means that a higher number of transistors can be fitted into a CPU enabling performance efficiency.

Fin Field Effect Transistors Market, By Product:

Fin Field Effect Transistor, by product is segmented into smartphones, computer & tablets, wearables, Automotive, Industrial and others.

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Fin Field Effect Transistor Market: Regional Overview

North America is expected to lead the Fin Field Effect Transistor Market in terms of value owing to high adoption of digitization and IoT. However Asia Pacific is expected to lead the market in terms of growth owing to the rapid penetration of smartphone and automation technologies in the region.

Fin Field Effect Transistor Market: Competitive Landscape

Fin Field Effect Transistor Market: Key Contracts/Agreement/Acquisitions

Qualcomm and TSMC, both prominent players in the semiconductor industry have come together to manufacture semiconductors based on Fin Field Effect process technology. It is speculated that Qualcomm is looking to partner with TSMC to develop 7nm chips

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Key Segments Profiled in the Fin Field Effect Transistors Industry Survey

Fin Field Effect Transistors Market by Technology:

  • 22nm Fin Field Effect Transistors
  • 20nm Fin Field Effect Transistors
  • 16nm Fin Field Effect Transistors
  • 14nm Fin Field Effect Transistors
  • 10nm Fin Field Effect Transistors
  • 7nm Fin Field Effect Transistors

Fin Field Effect Transistors Market by Product:

  • Fin Field Effect Transistors for Smartphones
  • Fin Field Effect Transistors for Computer & Tablets
  • Fin Field Effect Transistors for Wearables
  • Fin Field Effect Transistors for Automotive
  • Fin Field Effect Transistors for Industrial Products
  • Fin Field Effect Transistors for Other Products

Fin Field Effect Transistors Market by Region:

  • North America Fin Field Effect Transistors Market
  • Latin America Fin Field Effect Transistors Market
  • Europe Fin Field Effect Transistors Market
  • Asia Pacific Fin Field Effect Transistors Market
  • Middle East and Africa Fin Field Effect Transistors

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About Us

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

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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