Anaesthesia Machines Market is estimated to be valued at US$ 2.4 Billion by 2028

Mergers and Collaborations to Present High Growth Opportunities for Market Players in the Coming Years

Mergers and collaborations between local and international players in developing regions are expected to present potential opportunities for growth in terms of successful market penetration and sales. The regional markets of Asia Pacific, Latin America and GCC countries is anticipated to create significant opportunities to players involved in anaesthesia machines market. This can be attributed to the increasing surgical procedures in these regions coupled with increasing per capita expenditure on cosmetic surgeries and other healthcare associated procedures. Players in this market are establishing business relationships with healthcare facilities in these regions as well as government agencies for long term gains and enhancing their presence in the region. Moreover, partnership programs between organizations and institutions are observed to facilitate anaesthesia training programs.

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The research report “Anaesthesia Machines Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” published by Future Market Insights throws light on several aspects driving the global market. The growth of the market is impacted by various trends, developments, drivers and challenges, the analysis of which is included in the fact based research report. The exhaustive research publication covers historical data analysis along with current scenario as well as future projections of the market from a value standpoint for a 10 year period, starting from 2017 till 2027. The analysis on various segments playing a major role in the expansion of the global anaesthesia market has been carried out to get a complete picture of the global market.

Increasing Need for Anaesthesia Procedures to Spur the Adoption of Anaesthesia Machines in the Coming Years

According to WHO (World Health Organization) and World Bank, by 2026, the treatments demanding surgeries and hence anaesthesia machines would eclipse that of tuberculosis and HIV as well as malaria. Current market scenario portrays the fact that about 30% of the population in the entire globe do not have access to surgeries. On the contrary, about 75% of major procedures are being performed in the wealthiest countries in the world whereas poor countries are witnessing only 3.5% of operations. Government bodies along with non-government institutions are continuously working on offering healthcare access to every region, which is expected to trigger the adoption of anaesthesia machines. The growing number of surgeries and increasing government support are expected to fuel the growth of the anaesthesia machines market at a global level in the years to follow.

Global Market for Anaesthesia Machines: Factors Promoting Growth

The global market for anaesthesia machines is influenced by several aspects that facilitate the growth of the global market. Few of these aspects include continual technological advancements in anaesthesia machines, integration of IT in healthcare systems pushing the demand for anaesthesia workstations, emergence of anaesthesia information management systems, increasing public and private investments in healthcare, expanding imports and exports of medical devices among different regions, expanding private sector, enhancement in product lines by various manufacturers of anaesthesia machines, growing trend of patient monitoring using IoT, favourable government support, increasing medical tourism, growing geriatric population and manufacturing of cost effective anaesthesia machines.

However, product recalls due to defects in devices, shortage of healthcare professionals, adoption of refurbished machines, lack of public access to healthcare facilities and lack of clinical resources are expected to pose hindrances to the growth of the global market.

Segmental Highlights on the Anaesthesia Machines Market

  • With respect to region, North America and Asia Pacific excluding Japan (APEJ) are expected to showcase high potential for growth. Anaesthesia machines market in North America (led by US) is estimated to be the largest, whereas the market in APEJ is expected to rise at a comparatively high value CAGR during the forecast period
  • With respect to modality, the standalone anaesthesia machines are expected to witness increased adoption across the globe in several hospitals and clinics. This segment is expected to lead the global market with a high valuation and projected to expand at a relatively high CAGR throughout the period of assessment

Top Players Competing in the Global Anaesthesia Machines Market

The research report includes profiles of major players operating in the anaesthesia machines market. To name a few, the report includes intelligence on players such as GE Healthcare, Drägerwerk AG & Co. KGaA, Mindray Medical International Limited, Getinge AB, Spacelabs Healthcare, Heyer Medical AG, Infinium Medical, Inc., ACOMA Medical Industry Co., Ltd., Chirana Medical A.S., DRE Medical, BPL Medical Technologies, Beijing Aeonmed Co. Ltd., Comen Medical Instruments Co. Ltd., Okuman Medical System Ltd., Narang Medical Limited and Lowenstein Medical GmbH & Co.

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Key Segments Covered

By Modality

  • Standalone Anaesthesia Machines
  • Portable Anaesthesia Machines

By End User

  • Hospitals
  • Surgical Ambulatory Centres
  • Clinics
  • Nursing Facilities

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • Middle East and Africa (MEA)

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Cardiac Assist Devices Market is poised to expand at 5.29% CAGR, reaching US$ 2,062.7 Billion by 2031

Future Market Insight’s (FMI’s) latest study published on the Cardiac Assist Devices market provide insights into key factors uplifting the sales over the next ten years. It provides unbiased analysis on key trends, drivers, and opportunities across key segments, the report also provides strategic analysis on the incumbents, existing players, and leading players operating in the Cardiac Assist Devices market.As per comprehensive research conducted by ESOMAR-certified consulting firm FMI, the global Cardiac Assist Devices market is projected to witness robust growth during the forecast year 2021-2031. The report emphasizes on providing key insights into diverse features including demand, product developments, revenue generation, and sales in the Cardiac Assist Devices market.

Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Exhaustive Analysis on Key Factors Burgeoning the Sales in the Global Cardiac Assist Devices Market over the Assessment Period (2021-2031)

The study offers a detailed analysis of dynamics including driver, restraints, opportunities, and challenges, and also highlights their consequent impact on the market.

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Advent of Telehealth and Virtual Care to Create Tailwind for the Cardiac Assist Devices Market Growth

Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.

During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.

Since the outbreak, telehealth have gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Cardiac Assist Devices market.

Key Cardiac Assist Devices Market Takeaways and Projections

The U.S. is estimated to continue dominating the North America market, projecting fastest growth in the region through 2031.
Germany Cardiac Assist Devices market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2021 and 2031.
China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.

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Report Benefits & Key Questions Answered

Cardiac Assist Devices Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Cardiac Assist Devices market. It also studies the impact of these dynamics on the market for the previous assessment period 2016-2020 to forecast the scope of market growth over the coming forecast period 2021-2031.
Cardiac Assist Devices Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Cardiac Assist Devices market. As per the survey, Cardiac Assist Devices sales will project steady growth over the forecast period.

Cardiac Assist Devices Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Cardiac Assist Devices market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
Cardiac Assist Devices Category & Segment Level Analysis: FMI’s category & segment level analysis provides insights into key factors affecting the market growth across various segments in terms of (segment 1), (segment 2), and (segment 3). It also uncovers critical opportunities across each segment to assist key players to capitalize on the,
Cardiac Assist Devices Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.

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Competitive Landscape Analysis

The latest study conducted by FMI provides in-depth insights into the global Cardiac Assist Devices market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Cardiac Assist Devices market.

Some of the prominent market players are profiled by FMI

Terumo Corporation
Medtronic PLC
Abbott Laboratories
Abiomed Inc.
Teleflex Incorporated
Maquet GmbH
BerlinHeart GmbH
Others

Cardiac Assist Devices Demand Analysis by Category
By Product Type:

Ventricular Assist Devices (VAD)
Left Ventricular Assist Device (LVAD)
Right Ventricular Assist Device (RVAD)
Biventricular Assist Device (BIVAD)
External Ventricular Assist Devices
Intra-Aortic Balloon Pump

By Modality Type:

Transcutaneous
Implantable

By End-User:

Hospital
Ambulatory Surgical Centers

Region

North America
Europe
East Asia
South Asia
Oceania
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 9-years.

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Industrial Relays Are Essential To Protect The Equipment In The System-FMI

A relay is a protecting device used for protection of power systems such as machines, transformers, and generators etc. as it isolates the system from the fault condition in order to prevent damage from electrical overloads such as damage from high rated current and voltages. In order to protect the equipment from high voltages and fault currents relays are used to isolate the equipment from the system.

Relay sense the input voltage if it reaches the peak voltage called threshold limit it controls the input voltage if the input voltage exceeds the peak voltage limit it will trigger a signal to circuit breaker. Circuit breaker is a device used to make or break the circuit from the live to protect the complete system from short circuits.

Industrial relays market are essential to protect the equipment in the system. Several relays operate in industrial applications such as SSR solid state relay, Electro-mechanical relay, overload protection relay, latching relay and other relays. Solid state relay (SSR) switching is completely electronic base where as in electromechanical, operation completely based on opening and closing moving contacts by a magnetic force. Solid state relays are familiar and most popular.

They are gaining attention from industries and witnessing a high growth opportunities in the global industrial relays market. In industries motors, generators, transformers, are running continuously those needs a protecting devices VCB, SF6, all needs a protecting devices to ensure the health of the equipment and to protect the complete power systems.

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Relay triggers under faulty condition means in abnormal fault condition if not eventually the system get affected and damaged it even may damage the other machines if it is not isolated from the circuit.

Market Dynamics: Industrial Relay Market

Solid state relays (SSR) gaining traction in between the forecast period. There are various driving factors which are expected to drive the demand for industrial relays such as, solid state relays (SSR) provides fast switching capabilities with less voltage commonly 3VDC-32VDC. Switching capabilities attained by (SCR) silicon control rectifier, SCR energizes the relay to operate under fault condition.

Some of the types of solid state relays are zero switching relays (it is used to turn ON when the control voltage is applied and it turn OFF when the control voltage is removed) zero switching relays are widely used in industrial applications. Instant ON relay (instant relay operates if the voltage reaches pick up voltage it turns ON instantly).

Peak switching relays (this relay turns on when the control voltage is present) these are the key driving factors which are expected to increase the demand for SSR relays in the global industrial relays market. Electromechanical relays are general purpose relays, machine control relays, reed relays these operates with AC & DC currents, the voltage range 12V-230V  which are also expected grow significantly in the global industrial relays market.

Overload protection relays are used in the industries, substations during the load operations. In short circuit condition the input voltage rises to threshold limit in which the relay turns ON by moving contacts. Overload protection relays turns ON and isolate the complete system with the help of circuit breaker these are key driving factor for the global industrial relays market.

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Some of the other relays are latching relays going to upsurge the market in the given forecast period and also build significant opportunities for global manufacturers of industrial relays market. Introduction of innovative new relays for various protection systems of industrial sector is a key trend in this market – this ensures that all the global key players are integrating to manufacture industrial relays. From the application point of view, oil & gas, marine followed by marine, automotive and aerospace industry is expected to gain traction in the market over the forecast period owing to the increasing need for protection.

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Small Molecule API Market Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2031

Increasing demand of high potency drugs and increasing cases of chronic diseases are expected to boost small molecule active pharmaceutical ingredient (API) Market. In a study, Future Market Insights (FMI) has forecast the small molecule API market to exhibit 5% CAGR between 2021 and 2031. According to the report, although in-house manufacturing is currently leading the market, the trend towards outsourcing in the pharmaceutical industry makes outsourced production more lucrative. The outsource segment is therefore likely to account for 50% of production in the market during the forecast period.

A small molecule drug can enter cells easily because it has a low molecular weight. Once inside the cells, it can affect other molecules, such as proteins, and may cause cancer cells to die. Increasing research on small molecule APIs and novel Biologics APIs will boost the market growth. High potency drug market is a growing pharmaceutical segment. Increasing prevalence of cancer and other chronic diseases owe to the need of oncology drugs and antibody drug conjugates.

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The oncology market is growing enormously. High potency drugs constitute significantly to the new drugs that are under development. Small molecule demand still dominates the API market, however new biological entity demand is also growing rapidly growing healthcare expenditure is resulting in new molecule discovery, the evaluation of various molecules for possible disease treatment, and the adoption of an innovative approach to these studies.

As increasing prevalence of chronic disorders like cardiovascular diseases, diabetes, cancer and infectious diseases, and increasing research on small molecule APIs will boost the market growth. Besides this, government funding to API manufacturing units is also increase in developing countries like India, Israel, and China. In May 2020, AstraZeneca recovered the global rights to brazikumab from Allergan. Small molecule monoclonal antibody is developed for Crohn’s Disease and Ulcerative Colitis and adds to their growing presence in Immunology

Coronavirus pandemic has changed the public medical care needs and spending however this is viewed as transient effect on the Small Molecule API market. The immense COVID-19 patient pool attracted spotlight on the treatment of these patients, in turn increasing the demand for small molecule API.

Key Takeaways from Small Molecule API Market Study

  • As a result of increasing healthcare spending and favorable reimbursement policies, the U.S. accounts for over 87% of North America small molecule API market
  • Rising focus on health and wellness will enable the U.K. exhibit a little below 4% y-o-y growth in 2021
  • Germany will account for maximum sales in Europe. Besides this, the demand from France too is expected to rise
  • Increasing investment in research and development within pharmaceutical will drive sales in China

 “The market is highly competitive, compelling the key players to aim at strategic partnerships. Some of the leading players have been focusing on strategic collaborations to expand their footprint and portfolio” says the FMI Analyst

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The use of external resources (people, equipment and/or expertise) to facilitate the preparation of Active Pharmaceutical Ingredient (API) or advanced intermediates has become a common practice for most pharmaceutical development organizations. In early development the reasons to seek external support for the manufacture of API was attributed to a number of factors, including a lack of sufficient internal capacity, a need to source unique technical expertise or a desire to achieve overall cost reductions.

For organizations which have no internal GMP manufacturing capabilities whatsoever (e.g. biotech companies), outsourcing is, of course, a necessity. However, companies which have some level of internal manufacturing capacity may have options to use outsourcing to their strategic advantage. This outsourcing capability has increase the source of generating more revenue for new emerging companies. For fast growth of industry they follow outsourcing strategies.

In addition, key players in the Small Molecule API market are keenly focusing on carrying out strategic activities such as advance technology for manufacturing, acquisitions, in order to create a strong position into the market is leading into vigorous developments which is helping the market to grow at a considerable rate.

For Instance, In January 2020, Novartis acquisition of operations of Aspen in Japan. This acquisition strengthened Sandoz’s position in world market of off-patent medicines and generic drugs manufacturing.

Key Participant Insights

Various manufacturers are undergoing partnerships, collaborations, acquisitions and distribution agreements to improve their market footprint.

For Instance, in December 2020, Pfizer Inc. and PostEra announced a strategic partnership with the goal of accelerating small molecule drug discovery by developing a platform technology based on generative chemistry.

Also, in January 2020, Merck announced its strategic collaboration for oncology platform with Taiho Pharmaceutical Co, Ltd. And Taiho Pharmaceutical Co, Ltd to expand its focus on small molecule inhibitors for cancer research.

Key players in the Small Molecule API market are focusing on developing novel drugs due to its demand across various therapeutic area. Some of the key players are , Hoffmann-La Roche Ltd, Albany Molecular Research Inc., AstraZeneca, Merck & Co, Inc., BASF SE, Teva Pharmaceutical Industries Ltd., Sanofi S.A., Pfizer Inc., Nanjing King-Friend Biochemical Pharmaceutical Co., Ltd., Novartis AG, Bristol-Myers Squibb, Boehringer Ingelheim GmbH, GlaxoSmithKline PLC, GILEAD Science Inc.,

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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 2016 to 2031. The global Small Molecule API 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 Small Molecule API market on basis of Molecule by (Standard API, High Potency API), By Production (In-House, Out Source),Application (Clinical, Commercial), Therapeutic Area (Cardiovascular Diseases, Respiratory Disorders, Infectious Diseases, Metabolic Disorders, Oncology, Immunology, Neurology, Urology, Dermatology , Ophthalmology , General Health, Others) across seven major regions.

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Small Molecule API Market by Category Molecule Type

  • Standard API
  • HPAPI

Production

  • Captive/In-House
  • Out Source

Application

  • Clinical
  • Commercial

Therapeutic Area

  • Cardiovascular Diseases
  • Respiratory Disorders
  • Infectious Diseases
  • Metabolic Disorders
  • Oncology
  • Immunology
  • Neurology
  • Urology
  • Dermatology
  • Ophthalmology
  • General Health
  • Others

Region

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

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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Obesity Management Market is expected to reach US$ 1.3 Billion by 2031

Globally, more than 1 billion individuals are overweight or obese and the numbers continue rising. This high prevalence of obesity will drive demand for obesity management products and services in the long term.

According to the World Health Organization (WHO), approximately 1.9 billion adults were overweight and 650 million adults were obese. Whereas 38.3 million children under 5 years of age were either overweight or obese in 2019. One in three adults in North America is obese. In the U.S., 80 million adults and 12.7 million children suffer from obesity.

Obesity is a prominent community health problem in many parts of the world. It is associated with numerous health disorders including gallbladder disease, heart disease, diabetes, stroke, hypertension, and fatty liver disease in addition to some cancers. According to a recent Future Market Insights (FMI) report, the market is set to surpass US$ 1.2 Bn by the end of the forecast period in 2031, with a CAGR of over 5%.

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Furthermore, there has been an increase in the per capita healthcare expenditure, especially in developed countries, with better reimbursement policies. People are now inclined towards out-of-pocket expenditure healthcare. Personal health, grooming, and concerns over social discrimination are leading people to take obesity management consultations.

However, the unprecedented pandemic crisis has had a significant impact on the obesity management market due to a slump of patient footfall in hospitals and clinics. Preference is now being given to the treatment of COVID-19 patients, limiting resources for anti-obesity consultations and related drugs or surgeries.

Also, there has been a halt in clinical trials for weight management drugs. However, with the availability and commencement of the COVID-19 vaccination, the clinical trials are resuming and are anticipated to pick up pace during the forecast period. Also, the adoption of telehealth and in developing countries is likely to bode well for the future of the market in the long term.

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Key Takeaways from Obesity Management Market Study

  • Bupropion and Naltrexone will reflect register faster growth at a CAGR of 8.4%, owing to an increase in the preference for combination therapy in weight management.
  • Gastric sleeve surgery will account for over 40% of the market throughout the forecast period owing to benefits of simplicity and time-efficiency.
  • The U.S. will lead the North America market with a share of over 64% in 2021, driven by continuing diet and lifestyle issues prevalent in the country.
  • Germany followed by Russia are leading markets in Europe, reflecting CAGR of over 6% through the end of 2031, driven by improvements in public health programs.
  • Japan dominates the East Asia market, accounting for 49% value share in 2021, with government awareness programs contributing to growth.

“The rapidly increasing obesity cases and the resultant chronic diseases have triggered concern among patients and healthcare professionals. The COVI-19 crisis has alarmed people, as overweight people are at higher risk of acquiring SARS-COV2. This consciousness may help in encouraging obesity management uptake through 2021 and beyond,” says the FMI analyst.

Key Participant Insights

Prominent players in the Obesity Management Market are focusing on collaborations, mergers & acquisitions for global expansion and enhanced opportunities focused on emerging economies thereby, enhancing their market presence.

The key market players covered by FMI include GlaxoSmithKline Plc., VIVUS, Inc., Novo Nordisk A/S, Currax Pharmaceuticals LLC, Cheplapharm Arzneimittel GmbH, Bausch Health Companies Inc., and Takeda Pharmaceuticals, Inc.

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Obesity Management Market by Category

By Drug Type:

  • Bupropion and Naltrexone
  • Orlistat
  • Lorcaserin
  • Phentermine and Topiramate
  • Liraglutide

By Surgery Type:

  • Gastric Bypass Surgery
  • Adjustable Gastric Banding Surgery
  • Gastric Sleeve Surgery
  • Duodenal Switch Surgery
  • Others

By Distribution Channel:

  • Hospitals Pharmacies
  • Retail Pharmacies
  • E-commerce

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.

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Endovenous Laser Therapy Market is projected to reach US$ 811.0 Million by 2031

[151 Pages Report] According to a recent study by Future Market Insights (FMI), the global endovenous laser therapy market is expected to witness high growth during the forecast period. The market is expected to grow from US$ 378.3 Mn in 2021 to over US$ 811.1 Mn by 2031. This reflects a cumulative CAGR of around 7.9% over the forecast period (2022-2031).

Rise in number of varicose veins cases, availability of technologically advanced laser therapy, shift towards minimally invasive procedures and increasing product launches are the primary factors responsible for the growth of the market during the forecast period.

Varicose veins are more common in pregnant women, partially because the baby puts more pressure on the veins and partly because hormones generated during pregnancy relax vein walls. Varicose veins can develop as a result of damage to a deep leg vein. Over the projected period, rising instances of varicose veins are expected to drive revenue growth in the endovenous laser systems market.

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Another factor that is having a positive impact on endovenous laser therapy is the rapid change in lifestyle with no physical activity and labour across the globe, as well as the rise in the elderly population, both of which are anticipated to contribute to the global market’s growth over the forecast period. The market is also expected to develop due to the quick and effective technique as well as the growing demand for endovenous laser therapy.Moreover, growing prevalence of obesity worldwide is driving growth of the endovenous laser therapy market. Obesity leads to problems related to blood circulation which leads to varicose veins.

Medical device manufacturers operating in the endovenous laser therapy market are focusing on providing user friendly devices to the end users to minimize chances of manual errors. In addition, continuous launch of new and improved products and increasing investment in research and development by the manufacturers in endovenous laser therapy devices would lead to growth of global market over the forecast period.

Key Takeaways from Endovenous Laser Therapy Market Study

  • Endovenous laser systems held the maximum share of 92.0% in 2021 by component, expanding at a rapid rate owing to the rising number of varicose veins cases and increase in number of product launches with advanced features.
  • Ambulatory surgical centers showed maximum growth among all end users with a market share of 36.2% in 2021 owing to the rise in demand for outpatient surgeries. In countries such as the U.S., endovenous laser therapy for varicose veins is majorly performed in ambulatory surgical centers rather than hospitals in order avoid long-time waiting in big hospital settings, which is why the segment is developing at a rapid rate
  • North America held the largest share of 42.7% of the global endovenous laser therapy market by region in 2021 indicating the growth due to increase in prevalence of obesity and growing number of FDA approvals in North America.

“Growing prevalence of varicose veins, shift towards minimally invasive procedures, availability of novel laser treatment and increasing number of product launches Is Expected to Drive the Demand for Endovenous Laser Therapy over the Decade,” says the FMI Analyst

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Who is winning?

The key market players covered by FMI include AngioDynamics, Inc., Syneron Medical Ltd., Dornier MedTech GmbH, Alma Lasers Ltd., Alna-Medical system GmbH, LSO Medical, Wontech Co., Ltd., intros Medical Laser GmbH and Energist Ltd.

Some of the leading manufacturers of endovenous laser therapy market are focusing on product launch, approvals, collaboration and partnership strategies for global expansion objectives, thereby, enhancing their market presence.

  • In January 2021, Syneron Medical Ltd. announced the availability of the Frax Pro™ system. The FDA-cleared and CE-marked, non-ablative fractional device is the first platform featuring dual-depth skin resurfacing with both Frax 1550™ and the novel Frax 1940™ applicators.
  • In July 2020, Wontech announced that ‘Picowon’, an alexandrite (755nm)-based pico laser, has obtained US Food and Drug Administration (FDA) approval for the first time in Asia and the second in the world.

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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 2016 to 2031. The global endovenous laser therapy market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The study provides compelling insights on endovenous laser therapy segment based on product (Endovenous Laser Systems {Diode Lasers and YAG Lasers}, and Endovenous laser Fibers {Bare Tip Laser Fiber, Radial Tip Laser Fiber and Gold Tip Laser Fiber}), and end user (hospitals, ambulatory surgical centers and Specialized Clinics) across seven major regions.

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Endovenous laser therapy Market by Category By Product

  • Endovenous Laser Systems
    • Diode Lasers
    • Yag Lasers
  • Endovenous Laser Fibers
    • Bare Tip Laser Fibers
    • Radial Tip Laser Fiber
    • Gold tip Laser Fiber

By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialized Clinics

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • 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.

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Industrial Motors Manufacturers Are Also Working Toward Reducing The Size Of The Industrial Motors-FMI

North America holds a major share in the global Industrial Linear Accelerator market. It is followed by Asia-Pacific, Europe and Latin America. Europe and North America are projected to be major consumers owing to the extensive applications of Industrial Linear Accelerators in the manufacturing Industry.

Increasing globalization, which is evident from the increase in international trade and outbound- inbound FDI, will lead to positive growth in one economy and in correlated economies, such as China, India, Brazil, Russia, etc thereby.

Increase in industrial production in countries, such as Germany, India and China, and high growth in PMI (purchase manager index) numbers in Australia, UK, China and India will influence the growth of end-user industries in Asia Pacific, which in turn, will influence the demand for Industrial Linear Accelerators in the region during the forecast period. The Rest of the world is estimated to account for a relatively small share in the Industrial Linear Accelerator market.

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Industrial Linear Accelerator Market: Market Participants

Some of the examples of the market participants operating across the value chain of the global Industrial Linear Accelerator Market are:

  • MITSUBISHI HEAVY INDUSTRIES, LTD.
  • Wasik Associates Inc.
  • VIVIRAD S.A
  • Iotron Industries Canada, Inc.
  • IBA group
  • Jiangsu dasheng accelerator manufacturer co., LTD
  • DIONDO GMBH
  • High Voltage Engineering Europa B.V. (HVE)
  • NISSIN ELECTRIC Co.,Ltd.
  • Varian Medical Systems, Inc.

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.

Motors, being vital components in manufacturing units, have witnessed an increase in demand across several industries including construction, automotive, agriculture, and other industrial sectors. Application of electrical motors for being a power-source in steam-ships and industrial plants is a key factor pushing the application of industrial motors.

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Moreover, the overall industrial landscape witnessed a paradigm shift from traditional motors to full electric alternatives, thereby, pushing for compact and efficient industrial motors. Additionally, the last few decades saw a greater importance placed on environmental safety translating into stringent norms and regulations.

Companies to Harness the Industrial Motors Market Potential

The industrial motors market has witnessed major transformations with the innovations introduced in the market. The manufacturers of industrial motors are leveraging the industrial transformations to develop enhanced industrial motors that could provide improved performance efficiency.

With improved technological improvements, industrial motors manufacturers are also working toward reducing the size of the industrial motors. For instance, the supplier of industrial components, Kollmorgen recently started shipping its new compact-sized and powerful servo motors

Novel Innovations in Brushless DC Motors to Transform Industrial Motors Landscape

DC motors are likely to be highly used industrial motors as these motors have a simple design and they offer various benefits including low maintenance, high efficiency, and a longer life. Owing to this, various innovations are being made for the enhancement of such motors. For instance, Ablic, a Japanese chip-making company has developed a zero-crossing latch chip, which the company claims that it would significantly improve the design flexibility for brushless DC industrial motors.

Promising opportunities for Key Manufacturers Spotted in Asian Economies

The manufacturers of motors have been focusing on the key regions that allow them to gain major profits in the emerging countries. The use of motors in the flourishing industries and extensive application segments in major economies of regions such as North America, Europe, and Asia Pacific is expected to project major investment opportunities for the key players in the market.

For instance, Teco, a leading player in the industrial motors market is looking forward to expanding its capabilities for the Asia Pacific region, with their new manufacturing plant in the Vietnam. The company looks forward to tap into the market in South-east Asia with this plant whose annual production capability would be of 300,000 small industrial motors.

Manufacturers to Focus on the Flourishing European Region

Companies are seen targeting the European market for industrial motors owning to the increasing opportunities reflected in the region. With the help of key strategies such as expansion and acquisition, the industrial motors manufacturers are moving towards gaining a significant share in the European market.

For example, the Nidec Corporation recently acquired complete ownership interest of 100 percent from its shareholders. This would create a crucial business combination, allowing the company to add new products while focusing on the European market to strengthen their motor sales.

Transforming Efficiency Standards to Push High-Efficiency Motors in the Market

Where countries such as India are banning the use of low efficiency motors, the manufacturers in the industrial motors market are focusing on new innovative technologies that could help the efficiency of the motors.

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  • ABB Group, an industrial motors market player focuses on these changing standards of efficiency. This could also act as an opportunity for shifting towards IE2-efficiency versions of industrial motors.
  • Wolong Electric Group has went on to acquire the business of mid and low voltage industrial motors business of GE. This acquisition manufacturing, designing, development, and sales of these motors.
  • Emerson, a company recognized in the industrial motors market has gained major end-market sales, which showcases its continual growth.

Other players in the industry motors market include ATB Austria Antriebstechnik AG, TECHNOSOFT SA, Rockwell Automation, Inc., AMETEK.Inc Schneider Electric SE, Fuji Electric Co., Ltd., MENZEL Elektromotoren GmbH, Siemens Ltd., TECO Electric Europe, Toshiba Corporation, and Marelli Motori.

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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Pipette Tips Market is estimated to surpass USD 1.47 Billion by 2032

[333 Pages Report] The pipette tips market is worth USD 680.40 million in 2022 and is expected to grow at an 8.0% CAGR from 2022 to 2032 to reach USD 1.47 billion by 2032.

Constant product innovation, rising demand for R&D, and an increasing number of healthcare settings, diagnostics, and liquid handling systems are key drivers driving pipette tips market growth as well as the pipette tips market opportunities.

Attributes Details
Pipette Tips Market CAGR (2022-2032) 8.0%
Pipette Tips Market Size (2022) USD 680.40 million
Pipette Tips Market Size (2032) USD 1.47 billion

Furthermore, there has been an increase in the number of innovations in this product category, which is fuelling demand for pipette tips. Pipette tips, such as wide orifice tips, gel loading tips, standard, filtered, low-retention pipette tips, and so on, saw a significant increase in demand for pipette tips following the emergence of COVID-19 in 2020, as they were among the critical laboratory devices used to detect the virus’s presence.

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The filter tips product type segment of the pipette tips market in the United States is expected to grow at the fastest CAGR during the forecast period. The robotics segment had the largest pipette tips market share.

The demand for pipette tips increased dramatically as a result of the COVID-19 outbreak, as daily testing at diagnostic centres for infection detection increased influencing the pipette tips market adoption trends. However, many supply chain bottlenecks were encountered as demand for pipette tips outstripped supply.

Revenue from sales of pipette tips market increased significantly in the second half of 2020, particularly in the United States and Europe. Manufacturers of pipette tips are constructing a new plant for high-quality laboratory consumables made of functional high-tech polymers which will positively affect the pipette tips market key trends and opportunities as well as the pipette tips market future trends.

Eppendorf stated in its 2021 annual pipette tips market report that sales of pipette tips majorly its robotic pipetting systems have increased and have more than doubled since 2020. This suggests that demand for pipette tips notably robotic pipettes will rise as well along with the constructive effect on the pipette tips market future trends.

KEY TAKEAWAYS:

  • The standard product segment dominates the pipette tips market in product insight. It accounts for 32.5% of total revenue and is expected to grow at a healthy rate in the future.
  • In terms of technology insight, the non-robotic pipette tip segment is anticipated to have highest revenue in the pipette tips market share of 56.4% through 2032 and is expected to grow significantly during the forecast period.
  • In terms of application insight, the pharma and biotech segment dominates the pipette tips market, accounting for 32.3% of total revenue. The segment is expected to grow at the fastest CAGR during the forecast period, maintaining its leading position in the pipette tips market.
  • North America dominates the pipette tips market, accounting for 37.5% of the total revenue.

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COMPETITIVE LANDSCAPE:

New market research report on pipette tips will offer valuable insight into the market, with a focus on some of the major players such as Thermo Fisher Scientific, Sartorius AG, CORNING INC., Mettler Toledo, Tecan Trading AG, Hamilton Company, Eppendorf AG, and others.

Pipette tips market participants’ key strategic initiatives include new product development, collaborations, regional expansions, and mergers.

RECENT DEVELOPMENT:

Collaboration:

  • Moderna, Inc., a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, and Thermo Fisher Scientific Inc. announced a 15-year strategic collaboration agreement in 2022 to enable dedicated large-scale manufacturing in the United States of Spikevax, Moderna’s COVID-19 vaccine, and other investigational mRNA medicines in its pipeline, resulting in increased use of essential lab supplies such as pipette tips.

Expansion:

  • Thermo Fisher Scientific announced a $140 million investment to expand its laboratory plastics disposables production in order to meet global demand for pipette tips during COVID-19 testing, as well as for the development and manufacturing of therapies and vaccines.

Acquisition:

  • Sartorius has acquired Biological Industries Ltd., a manufacturer of cell culture and molecular biology research products.

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Key Segments

By Product:

  • Standard
  • Filtered
  • Low-retention
  • Others

By Technology:

  • Robotic
  • Non-robotic

By Applications:

  • Diagnostics and Healthcare
  • Pharma and Biotech
  • Academia and Education
  • Others

About FMI:

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

Contact Us:
Future Market Insights,
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Dermal Fillers Market Application, Trends, Growth, Opportunities and Worldwide Forecast to 2031

According to this new report titled “Dermal Fillers Market: Global Industry Analysis (2012-2016) and Opportunity Assessment” that tracks the performance of the global dermal fillers market for a period of 10 years, the United States is a highly mature market with wide scale adoption of dermal fillers.

The global dermal fillers market is traversing a path from the growth phase to maturity as companies are focussing on developing variants of products currently available in the global dermal fillers market.

This new report published by Future Market Insights discusses the high pricing competition and discounting practices between companies as well as physician practices that inflate margins and tend to hamper global adoption of the dermal filler procedure by patients.

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Multiple applications of dermal fillers and increasing number of aesthetic surgeons are the main factors responsible for fuelling the growth of the global dermal fillers market

Apart from functioning as an anti-aging factor, dermal fillers are also helpful in the areas of treatments such as acne scars, enhancement of the dorsal area of hand, and for HIV induced lipoatrophy of facial area.

Besides, the use of dermal fillers for the treatment of paralysed vocal cords is also under consideration for approval from the FDA.

The demand for application specific product modules is driving the growth of the global dermal fillers market.

Another important factor that is boosting the growth of the global dermal fillers market is a sudden increase in the number of plastic surgeons and their network.

This increasing network is boosting the demand for aesthetic procedures, which in turn is fuelling the development of the global market.

The FDA has also given its approval for the use of dermal fillers in the area of dentistry.

This is particularly beneficial for dentists as they come across many such cases that require facial changeover, which is easily possible with the help of dermal filler procedures.

The other drivers associated with dermal filler procedure include lesser procedure time, minimum risk of complexity, and requirement of minimum infrastructure.

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Increasing focus on development of new products and market expansion strategies by direct presence or through affiliates as a key development strategy by companies is expected to increase the demand for dermal fillers during the forecast period.

Favourable support from the government in terms of approval for new entities and new application areas as well as the commercialization of novel solutions are factors boosting collaborations and partnership agreements between manufacturers.

Various companies are also developing application specific dermal fillers and expanding their product range such as, fillers specific for lip augmentation, specific dermal fillers for the dorsal area of hand and fillers to increase volume.

All these factors are creating a robust development in the global market for dermal fillers.

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The application of dermal fillers in dentistry is expected to make an impact on the global market over the forecast period

With a Compound Annual Growth Rate of 3.4% during the period of assessment, the dentistry application segment is projected to grow significantly in terms of revenue in the years to come.

The key reason behind this growth is an increasing usage of the dermal filler procedure in the area of dentistry.

The aesthetic restoration segment dominated the dermal fillers market in terms of revenue in 2016 and this trend is projected to continue throughout the forecast period.

Reconstructive surgery is expected to be the second most lucrative application segment, given the high rate of growth of orthopaedic procedures across the globe.

Global Dermal Fillers Market: Overview

Our forecasts indicate that the global dermal fillers market is expected to grow from an estimated value of more than US$ 3,600 Mn in 2017 to just over US$ 4,960 Mn by the end of the forecast period in 2027.

This represents a CAGR of 3.2% in terms of revenue over the forecast period of 2017 to 2027. The global market for dermal fillers represents absolute $ opportunity of more than US$ 115 Mn in 2018 over 2017 and an incremental opportunity of more than US$ 1,300 Mn between 2017 and 2027.

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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Industrial Linear Accelerator Market Are Increasing Demand For High Yields And Production-FMI

Industrial linear accelerators market , in industries, are mainly used for non-destructive testing (NDT). Non-destructive testing is the testing and analysis technique used to evaluate the properties of a different material without damaging them. Industrial Linear Accelerators have a wide range of applications in both private and government sectors.

They are ideal to be used in maintenance services as well as manufacturing industries, such as cargo inspection, medical waste disposal, agriculture, food irradiation, gemology, aerospace, automotive, rocket motors, castings inspection and missile/defence systems.

They are also widely used in scanning devices for vehicles and cargos as they do not affect the material being inspected and also save time and money during the inspection of materials in the security sector. They are also used in radiation therapy to treat cancer.

Industrial Linear Accelerator Market: Market Dynamics

The main factor behind the growth of the industrial linear accelerator market is the growing use of scanning equipment in industries and rising awareness among people regarding the need to use better technology equipment for better results.

Other factors promoting the growth of the Industrial Linear Accelerator market are increasing demand for high yields and production with world class quality and increasing focus of companies on decreasing operational cost without compromising quality.

Apart from this, Industrial Linear Accelerators have become an integral component of the food and preservative, mining, metal casting, waste management industries, etc. and hence, the growth of these industries will also contribute towards the growth of the global Industrial Linear Accelerator market.

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However, the presence of alternatives, high price of Industrial Linear Accelerators and a general lack of awareness amongst people can act as a restraint to the growth of the global Industrial Linear Accelerator market. However, the current trend to use better technology and equipment to get better results will increase the demand for Industrial Linear Accelerators during the forecast period.

Industrial Linear Accelerator Market: Regional Outlook

North America holds a major share in the global Industrial Linear Accelerator market. It is followed by Asia-Pacific, Europe and Latin America. Europe and North America are projected to be major consumers owing to the extensive applications of Industrial Linear Accelerators in the manufacturing Industry.

Increasing globalization, which is evident from the increase in international trade and outbound- inbound FDI, will lead to positive growth in one economy and in correlated economies, such as China, India, Brazil, Russia, etc thereby.

Increase in industrial production in countries, such as Germany, India and China, and high growth in PMI (purchase manager index) numbers in Australia, UK, China and India will influence the growth of end-user industries in Asia Pacific, which in turn, will influence the demand for Industrial Linear Accelerators in the region during the forecast period. The Rest of the world is estimated to account for a relatively small share in the Industrial Linear Accelerator market.

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Industrial Linear Accelerator Market: Market Participants

Some of the examples of the market participants operating across the value chain of the global Industrial Linear Accelerator Market are:

  • MITSUBISHI HEAVY INDUSTRIES, LTD.
  • Wasik Associates Inc.
  • VIVIRAD S.A
  • Iotron Industries Canada, Inc.
  • IBA group
  • Jiangsu dasheng accelerator manufacturer co., LTD
  • DIONDO GMBH
  • High Voltage Engineering Europa B.V. (HVE)
  • NISSIN ELECTRIC Co.,Ltd.
  • Varian Medical Systems, Inc.

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.

Ask Us Your Questions About This Report @ https://www.futuremarketinsights.com/ask-question/REP-GB-5091

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:

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