Market Research Blog

Global Fuel Capacitance Test Equipment demand is anticipated to be valued at US$ 5.8 Billion in 2022, forecast to grow at a CAGR of 8.41% to be valued at US$ 13 Billion from 2022 to 2032.

Fuel capacitance test equipment accurately and consistently tests and measures the quantity of alternating current (AC) capacitance type fuel. Fuel capacitance test equipment of this type is commonly used in the aviation industry to test most aircraft with alternating current capacitance systems.

The total AC capacitance of a tank, as well as the capacitance of individual tank units and compensators, can be measured using fuel capacitance test equipment. This type of equipment can simulate capacitance for the purpose of calibrating indicators.

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Fuel capacitance test equipment also makes it easier to simulate compensator capacitance figures for dry calibration. Fuel capacitance test equipment can be used to perform the necessary measurements to calculate the insulation resistance of aircraft harness and tank units. Using such equipment, the coax centre conductor to shield value can be identified in order to identify the fault isolation.

Which are Some Prominent Drivers Spearheading Fuel Capacitance Test Equipment Market Growth?

The increasing use of electronic test and measurement systems in the military aviation sector necessitates efficient inspection to ensure the safety of personnel handling military aircraft. Sudden malfunctions in an aircraft can result in significant casualties, if not fatalities. This is expected to be the primary driving force in the global fuel capacitance test equipment market.

Globally, national governments are concentrating their efforts on strengthening their air forces. Governments around the world are making significant investments to improve military research and development. These investments are also expected to propel the global market for fuel capacitance test equipment to new heights. The availability of automated fuel capacitance test equipment for both commercial and civilian aviation sectors is also expected to play a significant role in driving the global fuel capacitance test equipment market.

Currently, sales services provided by manufacturers and suppliers of fuel capacitance test equipment hold the largest market share of the global market. In the global market, pre-owned fuel capacitance test equipment is most commonly used. However, brand new fuel capacitance equipment is expected to see rapid adoption during the forecast period due to rising revenue generation and the resulting growth in the aviation industry.

What are the Challenges Faced by the Fuel Capacitance Test Equipment Industry?

Concerns about the accuracy are expected to stymie market growth. Changes in environmental conditions such as temperature and humidity are expected to pose a challenge to the fuel capacitance test equipment market during the forecast period.

Why is Asia-Pacific emerging as an Opportunistic Fuel Capacitance Test Equipment Market?

The rising demand for military- and aviation-grade test and measurement equipment in the APAC market is expected to be the primary driver of the region’s fuel capacitance test equipment market growth.

How is North America Contributing to Growth of the Fuel Capacitance Test Equipment Market?

According to Future Market Insights, North America is expected to have the highest adoption rate for fuel capacitance test equipment during the forecast period. Furthermore, the United States fuel capacitance test equipment market has the largest market share of the North American fuel capacitance test equipment market.

The growth of the fuel capacitance test equipment market in the United States can be attributed to the national government’s large investments in order to maintain the efficiency of their air force while ensuring the safety of military personnel.

Market Competition

VIAVI Solutions Inc., MERATRONIK S.A., Barfield Inc, Ultra Electronics, and Gull Airborne Instruments are a few of the major players in the global fuel capacitance test equipment market.

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Key Segments Profiled in the Fuel Capacitance Test Equipment Industry Survey

By Industry:

• Fuel Capacitance Test Equipment for Aviation and Aeronautics Industry
  • Commercial Aviation
  • Passenger Aviation
• Fuel Capacitance Test Equipment for Military and Defense Industry
• Fuel Capacitance Test Equipment for Other Industries

 By Equipment Technology:

• Automated Fuel Capacitance Test Equipment
• Manual Fuel Capacitance Test Equipment

By Service:

• Fuel Capacitance Test Equipment Rental Services
• Fuel Capacitance Test Equipment Maintenance Services
• Fuel Capacitance Test Equipment Sales Services
• Pre-owned Fuel Capacitance Test Equipment
• Brand New Fuel Capacitance Test Equipment

By Region:

• North America
• Latin America
• Europe
• CIS & Russia
• Japan
• APEJ
• Middle East and 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.

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Counter drone system technology is also known as counter-UAS, C-UAS or counter-UAV technology. Counter drone technology is a system that is used to detect or monitor unmanned aircrafts. Companies in the counter drone system market are relying on new technologies to remain progressive and smart.

As concerns regarding security are on the rise, drones are likely to create threats to civilian as well as military entities. The counter drone system market is emerging to help decrease these threats. The growth of the counter drone system market is directly correlated to security, especially in defence.

Defence organisations of several countries have significantly increased their investments in C-UAS counter drone system technology following an increase in threats from terrorist organisations such as ISIS and others. Counter drone system technology is already being used in multiple applications in different sectors.

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C-UAS counter drone systems have, so far, been used most commonly for base protection as they complement existing weapons such as counter-mortar systems and surveillance platforms. In addition, there is growing interest in portable and mobile systems that can be used to protect ground units and convoys.

Apart from military and government, the commercial sector is also expected to contribute significantly to the counter drone system market in the coming years. Counter drone system technology has so far primarily been used to provide protection to the airspace at airports as well as to events such as parties & sports games, protection to VIPs and counter-smuggling operations.

Counter drone systems are adopted by people and are expected to evolve with advancements in aerial technology. Counter drone systems are most commonly used for detection and disruption, which are also expected to be the fastest-growing applications in the counter drone system market. The counter drone system market is also witnessing the entry of start-ups with new innovations, and this is expected to intensify the competition in the counter drone system market.

Counter Drone System Market: Drivers and Challenges

Drivers

Counter drone systems provide threat monitoring, controlling and information regarding energy consumption to consumers. The global counter drone market is also driven by the need to counter security issues posed by the intrusion of Unmanned Aerial Vehicles (UAVs) counter drone systems and Unmanned Aerials Systems (UASs) counter drone systems.

UAVs and UASs have the capability to track, identify and locate drone vehicles from a certain distance and prevent unlawful activities that could cause harm to civilian life. These are the major factors that are significantly driving the counter drone system market.

Challenges

Counter drone systems are adopted by several defence organisations to decrease the threats from UASs, however, challenges such as the effectiveness of detection, false negatives & positives, the legality of interdiction and distinguishing between legitimate & illegitimate drone usage are hindering the growth of the counter drone system market.

Counter Drone System Market: Competition Landscape

Key Players

Some of the key participants in the global counter drone system market include Blighter Surveillance Systems Ltd., Boeing Co., Dedrone Detect Inc., DRONESHIELD, Battelle Memorial Institute, Hertz Systems, L-3 Communications ASA Limited and Enterprise Control Systems.

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Counter Drone System Market: Regional Overview

On the basis of geography, North America is expected to capture the largest market share owing to the local presence of well-developed counter drone system-developing companies as well as the adoption of various innovative technologies in the region.

Europe is also expected to gain a substantial market share due to the introduction of new technologies and applications. APAC is expected to be the fastest-growing counter drone system market owing to government initiatives being undertaken for the improvement of technologies in defence organisations by emerging economies such as India and China.

The counter drone system markets in Latin America and MEA are also expected to witness gradual growth in the coming years due to an increase in the demand for security and tracking of drones in public areas.

The report covers exhaustive analysis on

• Global Market Segments
• Global Market Dynamics
• Historical Actual Market Size, 2013–2017
• Global Market Size & Forecast, 2018 to 2028
• Supply & Demand Value Chain for the Market
• Global Market Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Market Solutions Technology
• Value Chain of the Market
• Global Market Drivers and Restraints

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Counter Drone System Market: Segmentation

The global counter drone system market has been segmented by type, end use and region.

Segmentation of the counter drone system market on the basis of type:

• Detection systems
• Neutralizing systems

Segmentation of the counter drone system market on the basis of end use:

• Government
• Military
• Airfields
• Others

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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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Nowadays, with the increase in technological advancements, many manufacturing companies are adopting product cost management solution to set their product pricing strategy. In the traditional model of cost behaviour depicted in textbooks, costs are characterized as either fixed or variable concerning activity; thus changes in price depend only on the change in business, not on the direction of the change.

With product cost management, every manufacturing companies can set pricing for their products to accomplish profit after the sale. To establish a price of any product, the companies use product cost management, which is a set of tools, processes, methods, and culture.

The product cost management help companies to ensure that their product meets its profit (or cost) target. The manufacturing companies are more likely to adopt product cost management solutions from third-party service providers. Many product cost management service providers are offering tools to estimate the exact cost of the product, which is provided by any organization. The companies offer their essential products worldwide at optimized prices.

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Most of the companies use product cost management to maximize the profit of products by making a product the most cost-effective. So, the companies uses different techniques and tools of product cost management. However, product cost management is not only used to predict the exact cost of the product, but it is also used as a tool for leverage in negotiation.

The product cost management tool includes, direct labour, direct materials, consumable production supplies, and factory overhead. Product cost management tool can also be considered the cost of the labour required to deliver a service to a customer. Product cost management can be recorded as an inventory asset if the product has not yet been sold. It is charged to the cost of goods sold as soon as the product is sold, and appears as an expense.

Global Product Cost Management Market: Drivers and Challenges

Drivers

New business entrants and well-settled organization in the manufacturing sector are increasing the product cost management market. Because new entrants and well-settled organizations cannot take any risks regarding estimating the pricing of any product. The product cost management provides accuracy, project tracking, and developments of a particular product. These are the few factors which are driving the product cost management market.

Challenges

The manufacturing industry is an essential field for product cost management implications. So, the impact of product cost management tool in an organization is the most common challenge. In some organizations, product cost management may provide fragmented information, labour-intensive processes, isolated decision making, and static information about any product, which is going to be estimated. These are the few factors, which may hinder the growth of product cost management market.

Global Product Cost Management Market: Competition Landscape

Key Players

Examples of some of the market participants in the global product cost management market identified across the value chain includes: aPriori, COMPETERA LIMITED, Demantec, Harvest, Easy Projects, Avaza, FACTON, MTI Systems, Inc, ORAGO GmbH, MicroEstimating, Tsetinis Beratungs GmbH, and Boothroyd Dewhurst, Inc.

Global Product Cost Management Market: Regional Overview

On the basis of geography, North America is expected to capture the largest market share, owing to well-developed product cost management developing companies, and due to the presence of various innovative technologies in the region. Europe is also expected to gain substantial market share due to the introduction of new technologies and applications.

APAC is expected to be the fastest growing product cost management market, owing to the government initiatives being taken towards the improvement of technologies by emerging economies such as India, China, and Japan.

The product cost management markets in Latin America and MEA is also expected to witness high growth rates in the coming period, due to an increase in the demand for security and tracking of product.

The report covers exhaustive analysis on

• Global Product Cost Management Market Segments
• Global Product Cost Management Market Dynamics
• Historical Actual Market Size, 2013–2017
• Global Product Cost Management Market Size & Forecast, 2018 to 2028
• Supply & Demand Value Chain for the Product Cost Management Market
• Global Product Cost Management Market Current Trends / Issues / Challenges
• Competition & Companies Involved in the Product Cost Management Market
• Product Cost Management Market Solutions Technology
• Value Chain of the Product Cost Management Market
• Global Product Cost Management Market Drivers and Restraints

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Global Product Cost Management Market: Segmentation

Segmentation of the product cost management market on the basis of Enterprises:

• Large
• SMEs

Segmentation of the product cost management market on the basis of industry deployment:

• On-premises
• Cloud

Segmentation of the product cost management market on the basis of industry verticals:

• Retail
• Manufacturing
• Consumer goods
• Others

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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Rising preference for card-less ATM transactions is the prominent factor driving the growth of the intelligent cash deposit machine market. Financial institutions and individual ATM deplorers are continuously focusing on upgrading their ATM infrastructure to enhance security and convenience and deliver a personalized seamless banking experience to its customers by introducing card-less ATM transactional functionalities such as One-Time Access Code and biometric authentication, and intelligent cash deposit machines.

Furthermore, rise in the number of bank accounts, increasing investments towards expansion of banking network and rise in the number of foreign investments in the banking sector are the potential growth factors expected to surge the demand for intelligent cash deposit machines.

With a rise in cyber-security threats across various components of the banking system, service providers are focusing on developing and expanding the number of intelligent cash deposit machines with enhance security functionalities to protect their banking network from various types of cyber-attacks.

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Intelligent cash deposit machines are cash deposit systems that automate cash deposit transactions by counting, identifying, sorting and saving without any human interference.

They streamline the procedure of cash depositing, improve service efficiency and increase the productivity of retail staff. Some of the features of intelligent cash deposit machines include safety, automated cash reconciliation, instant access to all deposit information & management reporting and reduction in cast-in-transit related costs.

These factors are creating potential growth opportunities for the intelligent cash deposit machine market.

Global Intelligent Cash Deposit Machine Market: Drivers and Challenges

Drivers

Digitalization in the banking industry is driving the growth of the intelligent cash deposit machine market. Also, the rising focus of financial service providers on delivering more functionalities to consumers through the ATM channel by deploying automated deposit ATMs with intelligent deposit and cash recycling technology in order to improve customer satisfaction is another major factor driving the growth of the market.

Moreover, the increasing focus of financial organizations to increase the reach of intelligent cash deposit machines in rural and remote corners of countries in regions such as Asia Pacific and MEA is fuelling the growth of the intelligent cash deposit machine market.

Apart from this, economic development in regions such as the Middle East & Africa and Asia Pacific and the growth and investment in the banking sectors of various countries are creating potential growth opportunities for the intelligent cash deposit machine market.

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Challenges

The high maintenance cost of intelligent cash deposit machines hinders the growth of the intelligent cash deposit machine market. Also, the rising customer preference for non-cash payments such as mobile payments, e-commerce payments, and online bill payments and expanding digital banking solutions reduce the need for cash in various regions around the globe.

Moreover, the rising trend of UPI payments, and money transfer applications hampers the growth of the intelligent cash deposit machine market.

Global Intelligent Cash Deposit Machine Market: Competition Landscape

Key Players

Some of the prominent players in the intelligent cash deposit machine market include NCR Corporation, Dibold Nixdorf, Hitachi-Omron Terminal Solutions, Corporation, GRG Banking, Fujitsu Frontech Ltd., Triton Systems of Delaware LLC, Nautilus Hyosung Corp., HESS Cash Systems GmbH & Co. KG, and Oki Electric Industry Co., Ltd.

Global Intelligent Cash Deposit Machine Market: Regional Overview

On the basis of geographical presence, North America is anticipated to capture the largest market share, owing to the well developed and established banking and financial organizations and presence of various intelligent cash deposit machine manufacturers in the region.

Europe and APAC are also expected to gain substantial market shares due to rapid infrastructural development and an increase in the number of ATMs and penetration of cash deposit machines in the region.

Further, APAC is expected to be the fastest growing intelligent cash deposit machine market, owing to the government initiatives taken towards the improvement of the banking sector by emerging economies such as India, China, and Japan.

The intelligent cash deposit machine markets in Latin America and MEA are also expected to witness high growth rates in the coming period due to the rise in digital technologies and increasing adoption of advanced banking solutions in the region.

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

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Global Intelligent Cash Deposit Machine Market: Segmentation

Segmentation of the intelligent cash deposit machine market on the basis of screen size:

• 15” and below
• Above 15”

Segmentation of the intelligent cash deposit machine market on the basis of type:

• Off-site intelligent cash deposit machine
• On-site intelligent cash deposit machine

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:

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Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Pericarditis Treatment Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as along with the key takeaways over the forecast.

Pericarditis is a cardiovascular disease which represents the swelling of the pericardium wall of the heart. The main cause of pericardium disease is the inflammation of pericardium wall which is generally caused by viral infection. Other causes of pericarditis disease are renal failure, bacterial infections and intake of some drugs such as procainamide.

Impact of COVID-19 on the Healthcare Industry

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.

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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 Market Insights are focussing on research and market study to produce different Pericarditis Treatment 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 Pericarditis Treatment Market.

Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are: Lincoln Pharmaceuticals Ltd., Unicure India Pvt. Ltd., Zydus Cadila Healthcare Ltd., Twilight Mercantiles Pvt. Ltd.,Aasraw Biochemical Technology Co.ltd, Sun Pharmaceutical Industries Ltd. and Others

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

By Disease Type

• Acute Pericarditis
• Chronic Pericarditis
• Recurrent Pericarditis
• Idiopathic Pericarditis

By Treatment

• Therapeutics
• Nonsteroidal anti-inflammatory drugs (NSAIDs)
• Antibiotic/Antifungal Medication
• Corticosteroids
• Surgery
• Pericardiectomy
• Pericardiocentesis
• Pericardiotomy

End Users

• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Academic & Research Institutes

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Product Segmentation

The investigation offers a top to bottom evaluation of different clients’ journeys pertinent to the market and its segments. The study endeavours to assess the current and future development possibilities, undiscovered roads, factors that shapes their income potential in the global market by breaking it into di such as its types, applications, and region-wise assessment.

By Regional Analysis Covered

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
• Eastern Europe (Poland, Russia)
• Asia-Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
• Japan
• The Middle East and Africa (GCC, S. Africa, N. Africa)

Full in-depth analysis of the parent market

The analysts at FMI are dedicated to provide insights after extensive research and study. The study also includes estimations, projections and evaluation of the market dynamics.

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Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

Segmentation details of the market

• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets

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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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.

Contact:

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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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According to Future Market Insights (FMI), the demand for insulin pens is expected to rise considerably in the coming decade, enabling the market to surpass a valuation of US$ 30,407.5 Mn by the end of 2021.

Insulin pens are used by diabetes patients to avoid problems including cardiovascular diseases that may arise from this lifestyle-based ailment. To overcome problems related to conventional methods of insulin administration, insulin pens make the process easier and faster.

According to the WHO, approximately 1.2 million deaths were caused due to diabetes in 2019 globally. To reduce the number of deaths or sufferings due to diabetes, the development of innovative techniques and products for the treatment and maintenance of diabetes is essential.

Type 2 diabetes cases are common, but it can be prevented or delayed by a healthy diet, consistent physical activity, maintaining a standard body weight and avoiding the use of tobacco. Diabetes can be treated or managed with medicines and regular checking and treatment. Increasing focus on innovative medical products and research are increasingly driving a transition towards insulin pen by diabetes patients.

Leading manufacturers in the insulin pen market are strengthening their market position through collaborations with various health and research organizations. Governments in developed and developing countries are actively taking initiatives to encourage innovative medical products.

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For instance, in November 2020, Medtronic introduced CGM integrated smart insulin delivery pen to manage multiple daily dosage insulin injections. Similarly, Insulet expanded its offering of OmipodDASH into additional countries such as Sweden, Finland, Norway, and Denmark.

Key Takeaways from Insulin Pen Services Market Study

• Reusable insulin pens are expected to account for over 49% the global market share by 2031, supported by a growing base of environment and cost-conscious consumers.
• Hospital pharmacies will account for 33.8% of the market share in 2031. The soaring influx of patients for treatment and intensive care support supports growth.
• The U.S. is projected to be the fastest-growing regional market with a CAGR of 5.6% through 2021-2031 owing to the matured healthcare sector of the country.
• The U.K. and Germany are leading markets in Europe, accounting for more than 18% and 25% in 2021.
• China is the largest and fastest growing market in East Asia, exhibiting a 4.7% CAGR through 2031.
• Australia is leading the Oceania market, accounting for more than 85% of insulin pen revenues in 2021.

Who is Winning?

The global insulin pen market is set to expand due to the rising prevalence of type 1 and type 2 diabetes. Leading organizations within the market are set to focus on research and development to offer an early and precise diagnosis of the ailment, besides offering effective patient care.

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Some of the leading players in the insulin pen market include but are not limited to NovoNordisk A/S, Sanofi, Eli Lilly, Diamesco Co., Ltd., BigFoot Biomedical, Inc, Medtronic plc, Emperra GmbH E-Health Technologies, YpsoMed AG, and DUKADA Aps.

Insulin Pens Market by Category

By Product Type:

• Reusable Insulin Pen
• Refillable Pens
• Bluetooth Connected Smart Insulin Pen
• USB Connected Smart Insulin Pen
• Cartridge
• Disposable Insulin Pens
• Smart Insulin Pens Caps
• Insulin Pump

By Indication:

• Type 1
• Type 2

Distribution Channel:

• Hospital Pharmacy
• Retail Pharmacy
• Online Sales
• Diabetes Clinic/Center

Region:

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

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
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Government initiatives undertaken to spread awareness about women health and menstrual hygiene, besides brand consolidation strategies by leading producers and the adoption of modern lifestyles by women will push feminine hygiene products sales in the coming years.

According to the recent Future Market Insights (FMI) report, the global feminine hygiene products market value is estimated to surpass US$ 27.6 Bn in 2021, with a CAGR of 7.0% during the forecast period (2021-2031).

Around 49% of the global population is female and nearly 65% of them are aged between 15 and 65 years, thereby indicating a significant opportunity for manufacturers of feminine hygiene products.

Government organizations are focusing on women’s health and hygiene with the help of launch of various awareness programs and funding activities. These programs include detailed education about menstruation, puberty, and the advantages and health benefits of using hygiene products.

They are also providing sanitation kits to girls studying in government schools and colleges in rural areas, particularly in developing economies around the globe. For instance, in 2017, the Department of Education in KwaZulu-Natal (KZN) of South Africa set aside Rs 50 million to fund the distribution of sanitary towels and napkins to various schools in the region.

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Additionally, rising female populations in countries such as India, Ghana, and Nigeria will create lucrative opportunities. Concerns regarding disposal, have resulted in the introduction of reusable menstrual cups. These cups are made from medical grade silicon or latex and cost between US$ 20 and US$ 50 per pack and can last for nearly five years. Such innovations will give tailwinds to growth registered in the market.

The impact of the ongoing COVID-19 pandemic on production of feminine products has been negligible despite short term disruptions of transportation and logistics.

Key Takeaways from Feminine Hygiene Products Market Study

• Sanitary napkins are the largest and fastest growing segment accounting for nearly half of the market by 2031, with a CAGR of over 8%.
• Supermarket are projected to account for over 22% of the global market by 2031. This is attributed to robust supply channels for consumer health products.
• East Asia is the largest revenue-generating region for feminine hygiene products, with the China accounting for nearly 81% of the regional market in 2021.
• Germany holds the lead in Europe, and is expected to accounting for over 18% of the market in 2031.
• South Asia is the second most lucrative market after East Asia with India accounting for over 75% of the value share in 2031.

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Who is Winning?

Some of the leading manufacturers of the feminine hygiene products market are focusing on mergers and acquisitions for global expansion. Thus, enhancing their market presence.

The key market players covered by FMI include Procter and Gamble, Johnson and Johnson, the Kimberly-Clark Corporation, Svenska Cellulosa Aktiebolaget SCA, Sanofi S.A, Lil-lets UK Limited, Ontex, Unicharm Corporation, Diva International Inc., and Edgewell Personal Care.

Why Future Market Insights?

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

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

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Feminine Hygiene Products Market by Category

Product type:

• Sanitary Napkins
• Tampons
• Menstrual Cup
• Panty liners
• Feminine Hygiene Wash

Distribution Channel:

• Hypermarket
• Supermarket
• Convenience Stores
• Department Stores
• Retail Pharmacies
• Online Purchase

Region:

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

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs