PD-1/PD-L1 inhibitors Market Drivers and Restraints, Growth Opportunity Assessment and Forecast to 2030

PD-1/PD-L1 Inhibitors Market: Dynamics

PD-1/PD-L1 Inhibitors market is among the highest growing field in the pharmaceutical industry. PD-1/PD-L1 Inhibitors promise improved survival of patients, with low toxicity which is a huge market driving factor. The products available in the market for PD-1/PD-L1 inhibitors are increasingly meeting safety standards and are effective in the treatment of cancers. However, experts believe that the molecules in early clinical studies point towards safety concerns and high development cost can lead to high prices of the drug in the market which are a few challenged pharmaceutical companies have to encounter.

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PD-1/PD-L1 Inhibitors Market Overview

Immunotherapy treatment methods are evolving and are one of the prime methods for the treatment of cancer. PD-1/PD-L1 inhibitors have a targeted approach and decrease toxicity and hence resulting in increased efficacy. PD-1/PD-L1 inhibitors market is achieving advancements owing to the efficiency of the treatments.

PD-1/PD-L1 Inhibitors have been useful in the treatment of several cancers. PD-1/PD-L1 Inhibitors are being studies for the treatment of various type of cancers.

PD-1/PD-L1 Inhibitors Market: Region-wise Outlook

Based on geography, the PD-1/PD-L1 inhibitors market can be segmented into five major regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. At present, North America holds a leading position in the PD-1/PD-L1 inhibitors market followed by Europe. The major driving factors which have driven the growth of the PD-1/PD-L1 inhibitors market in these regions are constantly increasing the prevalence of various types of cancers, and demand for technologically advancements in the already successful approaches for treatment. The major companies are focusing on second generation therapies to improve the current treatment scenario with PD-1/PD-L1 inhibitors.

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Following North America, European countries are also anticipated to show steady growth in the PD-1/PD-L1 inhibitors market. In the next few years, Asia-Pacific would show remarkable growth in the PD-1/PD-L1 inhibitors market as it is developing at a very rapid pace and has shown the emergence of many regional players. The factors which would fuel the growth of PD-1/PD-L1 inhibitors market in Asia-Pacific are increasing awareness regarding various types of cancers, increase the number of patients getting affected with the disease, and rapid development of the healthcare infrastructure across the Asian countries. PD-1/PD-L1 inhibitors market would evolve at a rapid rate across the regions. However, North America would maintain its position in the overall PD-1/PD-L1 inhibitors market.

PD-1/PD-L1 Inhibitors Market: Key Players

It is expected that with due course of time, there will be an entry of multiple pharmaceutical players in the PD-1/PD-L1 inhibitors market as PD-1/PD-L1 inhibitors have witnessed good investments from various key pharmaceutical companies. PD-1/PD-L1 inhibitors market currently has multiple ongoing deals and active research with many pharmaceutical companies looking to launch there products. Some of the top players operating in the PD-1/PD-L1 Inhibitors Market are Bristol-Myers Squibb, Merck & Co., F. Hoffmann-La Roche AG, Sanofi, Amgen, Gilead Sciences, AstraZeneca, Novartis, Pfizer, Celgene and many others.PD-1/PD-L1 Inhibitors Market has the presence of many regional players which have a huge market share in emerging countries.

The report covers exhaust analysis on:

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

The regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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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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Demand for Plastic Bathtub will Witness Growth Due to the Rapidly Changing Lifestyles

The plastic bathtub market is set to witness steady growth during 2021-2031, with a CAGR of around 4.3%.

Demand for plastic bathtubs will witness growth due to the rapidly changing lifestyles of the individual and the growing demand of customers to install premium products in their residential area.

Further, the heavy influence from the western culture leads to the customer giving their bathrooms a modern look, therefore, such reasons are projected to grow the plastic bathtub sales.

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Plastic Bathtub Market Forecast and CAGR

According to the latest research by Future Market Insights, the plastic bathtub market is set to witness steady growth during 2021-2031, with a CAGR of around 4.3%.

Demand for plastic bathtubs will witness growth due to the rapidly changing lifestyles of the individual and the growing demand of customers to install premium products in their residential area.

Further, the heavy influence from the western culture leads to the customer giving their bathrooms a modern look, therefore, such reasons are projected to grow the plastic bathtub sales.

What is Driving Demand for Plastic Bathtub Market

One of the major factors driving the growth of the plastic bathtub industry includes the rise in housing construction with the development in rural areas and increasing demand for premium plumbing fixtures.

Further, the plastic bathtubs serve the purpose of relaxing the mind and body of the consumers, maybe after a physical workout or stressful day.

Additionally, a plastic bathtub allows an individual to submerge their body in cold or warm water to refresh their minds or relax the muscles respectively.

Also, plastic bathtubs turn out to be an effective option for patients suffering from arthritis, as it allows them to inflate their body and experience hydrostatic pressure blocking the gravity force on them in order to help get rid of joints pain, therefore, growing the demand for medical reasons available at home are projected to grow the sales.

Innovating and Expanding Product Portfolio Likely to Augment Plastic Bathtub Sales

Bathtub business manufacturers and players are focusing and widening their business portfolios by focusing on innovation in order to supply customers with satisfying and comforting items. Plastic bathtubs that can be mounted with a fixed surface include various innovations like the introduction of Bluetooth speakers, cup holders, lights, temperature control features, jacuzzi tubs, etc., which are likely to raise the demand and sales of the plastic bathtub.

In addition, the innovation in the use of the material has enabled the customer to purchase portable plastic bathtubs. These bathtubs come with electrical motors that can pull and blow air within 2-4 minutes and provide the customer with personal space to relax. Tubble, an Amsterdam-based company provides these portable plastic bathtubs an alternative option to other expensive bathtubs, therefore, expanding the product portfolio and creating new opportunities for the plastic bathtub industry to grow.

COVID-19 Impact on Plastic Bathtub Market

The sudden outbreak of COVID-19 had affected all the industries due to the shortfall of demand and supply and the plastic bathtub industry was no different.

Further, the regulations implemented by regional governments restricting the movement of individuals lead to the shutdown of shopping malls, commercial areas, waterparks, etc., reducing the demand and sales for plastic bathtub.

The offline segment was heavily impacted due to the restriction in movements of individuals and changing preferences of customers towards digital platforms due to the availability of various discounts, quality ensuring, and extra services added. Further, the manufacturers tend to regain the sales volume by focusing on reshaping the distribution channels and innovating the products, therefore, growing the plastic bathtub industry.

U.S. and Canada Plastic Bathtub Market Outlook

Region-wise, North America had dominated the global plastic bathtub industry. However, the spread of the virus had impacted the demand in the market, therefore, affecting the sales.

But, the changing lifestyle patterns, growing demands for innovative and premium products for personal use are projected to lead the region with the highest sales of the plastic bathtub.

Especially, portable bathtub have a tremendous opportunity in the U.S. and Canada. Additionally, with the resuming of the construction industry in the countries, the plastic bathtub business is projected to recover in the forecast period 2021-2031. The presence of favorable government, a growing number of investments in innovation of products, and emerging players in the segment are some of the factors attributing to the growth of plastic bathtub.

Europe Demand Outlook for Plastic Bathtub Market

Europe regions consist of various factors that can help many of the developing countries to conduct business due to the presence of various ports allowing the exchange of raw materials for the production of items.

However, the countries of Europe were heavily impacted due to the spread of the virus, and also, many regulations implemented by governments had stopped the movement of products affecting the production capacity, therefore, placing boundaries for the growth rate of sales of the plastic bathtub.

Further, the manufacturers and players focus upon providing products to the customers according to their needs and in order to do so, they adopt certain strategies that help them to fuel the market share, profitability, grow the competitiveness for the other players. Such factors and the implementation of innovative strategies are likely to grow the plastic bathtub industry in the forecast period.

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Who are the Key Manufacturers and Suppliers of Plastic Bathtubs

Some of the leading manufacturers and suppliers of plastic bathtubs include

  • Homefilos,
  • KOBIA Bathtub Manufacturer,
  • Korra Bath Ware Co., Ltd.,
  • Xuancheng GreenGoods Enterprise Co., Ltd.,
  • Taizhou Hanxi Trade Co., Ltd.,
  • Asia Billion Innovation Technology Limited,
  • HSIL Limited, OVE Decors,
  • TOTO LTD.,
  • Villeroy & Boch, Roca Sanitario S.A.,
  • Foshan Deltar Building Material Co., and many others.

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

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The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

Plastic Bathtub Market Report Highlights:

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

NOTE – All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

Key Segments

By Product Type:

  • Floor Mounted
  • Free-standing
  • Wall-mounted
  • Others

By End Use:

  • Residential
  • Commercial

By Distribution Channel:

  • Wholesalers/ Distributors
  • Specialty Stores
  • Department Stors
  • Online Retailers
  • Others

By Region:

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other 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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Tunnel Ovens Are Commonly Used In Bakeries Ranging To Produce Hearth And Pan Products-FMI

Tunnel Ovens market are commonly used in bakeries ranging from small to large ones, to produce hearth and pan products. Tunnel Ovens come across different types based on heating mechanism, which could be direct gas, forced convection, radiant or hybrid meaning a combination of these.

Modern day tunnel ovens are manufactured keeping hygiene standards of baking food integrated in design, and companies in the global tunnel oven industry, often offers custom tailored products to better suit the baking. Tunnel ovens are also used in drying lines across a variegated range of industries such as metal finishing, automotive, electronics, printing, aerospace, pharmaceutical, and more. However, when considering market volumes, these applications are very niche.

The global tunnel over market is expected to expand with a decent CAGR over the forecast period.

Tunnel Oven Market: Drivers & Restraints

The prime factor driving the demand for tunnel oven is the rapidly rising demand for bakery products particularly from the developing nations. Moreover, with the surging popularity of all healthy, organic and natural baked products, and breads, demand for tunnel oven is bound to rise, as bakeries tend to increase their manufacturing facilities.

Further, with many prominent tunnel oven manufacturers focusing on introducing more and more customized solutions, bakeries are often adopting different grades of tunnel ovens for different purposes, further boosting the demand in the global tunnel ovens market.

Further, with the rising disposable income and purchasing power parity of general population, particularly in developing nations of Asia, the demand for bakery products is expected to continuously rise, fuelling more demand for tunnel oven. Furthermore, as economies revive and industry grow, demand for tunnel oven from non-bakery application is also expected to gradually increase throughout the forecast period.

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Tunnel Oven Market: Regional Outlook

Geographically, Tunnel Oven market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa.Western Europe is estimated to be the global leader in terms of demand for tunnel oven due to high preference for baked products.

This coupled with rising tourism among western European countries demand for tunnel over shall increase over the forecast period. The North America tunnel oven market is expected to be next in line considering demand for tunnel oven, and is anticipated to grow sluggishly over the forecast period, The Asia Pacific Exc, Japan is the anticipated to be the most potent market considering new investments and demand, and many regional players in China and India have ventured into tunnel oven manufacturing, amid, high demand for tunnel ovens in the region.

Further, with rising disposable income people are more likely spend on bakeries, which has resulted in a boom in number of bakeries in the region. Hence, the Asia Pacific tunnel oven market is expected to expand with an impressive CAGR over the forecast period, with demands primarily coming from India, China and Indonesia.

The Japanese tunnel oven market is forte of customized innovative solution, and rapid innovations is the prime factor driving demand in the market, as more and more bakeries are expected to overcome their legacy installations. Middle East and Africa, being increasingly more influenced by European lifestyles, is tend to increase their expenditure on bakery products over the forecast period, further boosting demand in the global tunnel oven market.

Tunnel Oven Market: Key Players

Some of the players identified in Global Tunnel Oven market are:-

  • UTF Oven
  • Koenig Graz
  • Farhat Bakery Equipment
  • Italfroni
  • Besto Oven Industries
  • The Henry Group
  • Ideal Engineering A/S
  • Reading Bakery Systems
  • Alitech SRL
  • Bakery Technology Equipment, LLC
  • ELIN S.A.
  • Steelman Industries Inc.
  • Middleby Bakery Group
  • Gemini Bakery Equipment Company

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 categories such as market segments, geographies, types, technology and applications.

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Tunnel Oven Market: Market Segmentation 

The Tunnel Oven Market is segmented into three parts based on type, conveyer availability, volume and power type:

Based on product type, the tunnel oven market is segmented into:

  • Direct Gas Fired Multi-Burner
  • Forced Convection
  • Radiant
  • Hybrid Oven
  • Others

Based on conveyer availability, the tunnel oven market is segmented into:

  • Tunnel Oven with Conveyer
  • Tunnel Oven without Conveyer

Based on volume, the tunnel oven market is segmented into:

  • <100 cubic feet
  • 100-500 cubic feet
  • >500 cubic feet

Based on power type, the tunnel oven market is segmented into:

  • Gas
  • Electric
  • Hybrid

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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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Enteral Feeding Devices Market is projected to progress at a CAGR of 4.7% to reach US$ 3.77 Bn by 2030

The COVID-19 pandemic has prompted the healthcare industry to run into an overdrive mode, ceaselessly working to find a potential cure for this deadly virus. As the world economy heads toward a recession, the enteral feeding devices market shall remain afloat.

As infected patients experience digestive problems, the demand for alternative food administration sources has risen. This has upticked the deployment of enteral feeding device on an increased frequency. Additionally, vendors are concentrating on strengthening regional distribution networks to ensure uninterrupted supply of equipment to various healthcare settings and organizations.

Demand across the United States, Brazil and India will especially remain strong, given the fact that these are the worst affected countries, providing immense scope for revenue generation to prominent manufacturers.

As healthcare infrastructure has improved, life expectancy has raised its bar. While this is welcome news, the rapidly proliferating geriatric population has also led to increased incidence of age-related ailments, both malignant and non-malignant. Conditions such as cancer, multiple sclerosis, dementia and brain damage have increased multifold.

All the aforementioned conditions have a deleterious impact on the patient’s digestive system, causing dyspepsia, throat and mouth pain, diarrhea and IBS. These co-morbidities render it impossible for patients to consume solid food. Hence, healthcare providers are accelerating the adoption of enteral feeding devices and provide adequate nutrients to patients.

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Global Enteral Feeding Devices Market- Key Findings

  • Enteral feeding devices market to expand at 6.6% CAGR from 2020-2030
  • Oncology remains principal application area, neurological disorders to generate green spaces
  • Nasoenteric feeding tubes to share the revenue pie with feeding pumps, attributed to effectiveness of nutrient delivery
  • Homecare settings garnering major traction due to launch of easy-to-use and consumer friendly devices
  • East & South Asia will emerge as potential revenue hotspots during the forecast period

“The global enteral feeding devices is in its growth stage, prompting vendors to flood the market with innovative and technologically advanced products, bringing the markets one step closer towards maturity,” infers the FMI analyst.

Competitive Landscape

Prominent players in the enteral feeding devices market include ICU Medical, Boston Scientific Corporation, Fresenius Kabi, Abbott Laboratories, Cook Medical, Cardinal Health, Inc., Becton Dickinson & Company and Dynarex Corporation among others. Besides this, a number of regional players also dominate the landscape.

In 2014, Cook Medical launched the Entuit Thrive Balloon Retention Gastronomy Feeding Tube for gastronomy and gastropexy procedures. This launch was a part and parcel of the company’s efforts to expand its enteral feeding devices product pipeline.

Boston Scientific Corporation markets a broad range of enteral devices such as the EndoVive Enteral Feeding Tube Kits. To expand its gastroenterology product portfolio, the company announced a limited market release of its Exalt Model-D single-use duodenoscope in January 2020.

In 2016, Cardinal Health launched its Kangaroo Joey Enteral Feed and Flush Pump to expand its adult nasogastric feeding tubes portfolio.

ICU Medical markets the Lopez Valve and EnFit Lopez Valve Closed Enteral Tubes which provide protection from accidental exposure to infectious body fluids to healthcare workers.

More Insights on the Enteral Feeding Devices Market

A recent market study published by FMI on the Enteral Feeding Devices market includes the global industry analysis of 2015-2019 & opportunity assessment for 2020-2030, and delivers a comprehensive assessment of the most important market dynamics. The report involved detailed segmentation on the basis of product type, application, age-group, end-user and region. Our analysts have conducted thorough research on the historical as well as current growth parameters of the market to obtain growth prospects with maximum precision.

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Enteral Feeding Devices Market: SegmentationProduct Type

  • Enteral Feeding Pumps
  • Enteral Feeding Tubes
  • Enterostomy Feeding Tubes
  • Standard Tubes
  • Standard Gastrostomy Tubes
  • Standard Jejunostomy Tubes
  • Standard Gastrojejunostromy Tubes
  • Low Profile Tubes
  • Low-profile Gastrostomy Tubes
  • Low-profile Jejunostomy Tubes
  • Nasoenteric Feeding Tubes
  • Nasogastric Feeding Tubes
  • Nasojejunal Feeding Tubes
  • Nasoduodenal Feeding Tubes
  • Oroenteric Feeding Tubes
  • Administration Sets
  • Enteral Syringes
  • Consumables

Application

  • Oncology
  • Gastroenterology
  • Diabetes
  • Neurological Disorders
  • Others

Age Group

  • Adult
  • Pediatric

End-user

  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers
  • Homecare Settings
  • Others

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Region

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

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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Orthopedic Braces and Support Market growth projection to 6.9% CAGR through 2024.

Future Market Insights (FMI), in its latest report, has revised the global orthopedic braces market growth projection to 6.9% CAGR through 2024. This revised projection considers the sluggishness induced due to the COVID-19 pandemic.

Advancements in orthopedic braces and support market have offered umpteen benefits, bringing substantial improvements in average quality of life and lifespans.

Tech-driven innovation holds true potential for market players to enhance the understanding of patients, thus enabling at-scale convenience and individualized care.

The healthcare industry is embracing technological intervention with digital health, virtual health, and telehealth to treat patients.

Such trends are emerging as a potential disruptor in the orthopedic braces and support market, which has been facing the brunt of the COVID-19 pandemic.

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Key Takeaways of Orthopedic Braces and Support Market Study        

  • The orthopedic braces and support market to grow at robust 6.1% CAGR through 2030
  • Lower extremity products to capture around 70% revenue share; knee braces and supports to lead the way
  • East and South Asia to represent potential growth avenues for market players

Recent tech-driven innovations such as human torso simulator is opening door back brace innovations. The simulator allows development of new back braces that are optimized to restrict specific motions yet allowing for other movements. Moreover, it can assist with design of braces and supports with targeted constraint of movement,” says the analyst at FMI.

COVID-19 Impact on Orthopedic Braces and Support Market

The COVID-19 pandemic has affected every facet of the healthcare industry including, orthopedic braces and supports.

Regular orthopaedic practice has been considerably impacted by the pandemic.

Surgery schedules have been revamped, with elective cases being instantly delayed or cancelled and urgent cases demanding huge attention, particularly in suspected or confirmed COVID-19 cases.

This is having a measurable impact on inpatient management, accenting the need for dedicated personnel, patient quarantine and limited visiting hour regulation.

On the flip side, outpatient visits have been restricted to avoid contacts between patients and the hospital staff, with notable implications on post-operative quality of care delivery and healthcare professionals.

The pandemic has rapidly spurred the adoption of telehealth options such as performing non-urgent check-ups and post-operative visits via electronic mediums instead of in-person.

Visits are being organized by video or by phone. This sudden adoption of telemedicine has triggered a process that would have, otherwise, taken far longer to execute on such a global level.

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Orthopedic Braces and Support Market – Competitive Intelligence

The global orthopedic braces and support market is slightly fragmented with presence of limited number of prominent players and large number of small- and medium-scale players. In order to sustain their customer base, market players are investing in product launches.

  • Otto Bock Healthcare has rolled out Agilium® Vantage, a low-key, wraparound knee brace, that is developed for delivering prolonged pain relief for patients having mild unicompartmental osteoarthritis (OA)
  • Breg Inc. has developed Breg Quantum™  OA for mild to severe OA in a bid to satiate the need for pain management in arthritic patients

In addition to this, market players are also cashing in on acquisitions in a bid to expand their regional foothold. For instance, 3M has taken on Acelity Inc. and its KCI subsidiaries across the world to expand its offerings in advanced wound care.

Want more insights?

FMI, in its new market research study, offers an unbiased assessment of the orthopaedic braces and support market which comprises global industry analysis for 2015–2019 and opportunity assessment for the 2020–2030. The report delivers complete analysis on orthopaedic braces and support market through three different categories – by product, by distribution channel, and region.

The global orthopaedic braces and support market study provides insights of pricing by different life cycle analysis, product life cycle, key market trends and technologies that are being implemented in the development of orthopaedic braces and supports and product adoption in various end-use industries

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Orthopedic Braces and Support Industry Research Analysis

Orthopedic Braces and Support Market by Product:

  • Upper Extremity Braces and Supports
    • Shoulder Braces and Supports
    • Neck Braces and Supports
    • Elbow Braces and Supports
    • Wrist Braces and Supports
    • Spinal Braces and Supports
  • Lower Extremity Braces and Supports
    • Knee Braces and Supports
    • Ankle Braces and Supports
    • Hip Braces and Supports

Orthopedic Braces and Support Market by Distribution Channel:

  • Institutional Sales
    • Hospitals
    • Orthopedic Clinics
    • Nursing Facilities
  • Retail Sales
    • Online Sales
    • Retail Pharmacies
    • Drug Stores

Orthopedic Braces and Support Market by Region:

  • North America Orthopedic Braces and Support Market
  • Latin America Orthopedic Braces and Support Market
  • Europe Orthopedic Braces and Support Market
  • East Asia Orthopedic Braces and Support Market
  • South Asia & Pacific Orthopedic Braces and Support Market
  • Middle East & Africa (MEA) Orthopedic Braces and Support Market

About FMI:

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

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U.S. Digital Ovulation Test Kits Market generating a revenue of US$ 95.1 Million by 2031

Digital ovulation tests help women to maximize the chances of conceiving naturally by identifying the two most fertile days of their menstrual cycle by measuring the changes in the level of luteinizing hormone (LH), which is important to fertility parameters. According to Future Market Insights (FMI) the U.S. digital ovulation test kits market is estimated to be US$ 80 Mn in 2021, and is expected to grow at a market CAGR of 9.6% during the forecast period (2021-2031)

Some of the digital devices available in the market have advanced features such as connectivity to Bluetooth or smart countdown. Clearblue, First Response and E.P.T. are some of the most popular digital ovulation test kits brands available in the U.S. market.

Increasing purchasing power and growing consumer awareness about women’s health are the two factors expected to drive the growth of the digital ovulation test kits market in the U.S. Various states in the country are focusing on improving women health through various awareness and healthcare programs.

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For instance, the American pregnancy association along with its education partner Fairhaven Health LLC guides ovulation testing to couples trying to get pregnant. This is anticipated to boost the growth of the digital ovulation test kit market.

Rising first-time pregnancy demographics and decreasing fertility rates, along with rising levels of disposable income and growing advancements in ovulation testing are some of the major factors driving the growth of the digital ovulation test kit market in the U.S.

The COVID-19 pandemic has significantly affected the sale of digital ovulation test kits. The nationwide lockdown and disrupted supply chains have limited the availability of these products. The pandemic in the first few months of 2020 has negatively impacted the digital ovulation test kits market.

Key Takeaways from the U.S. Digital Ovulation Test Kits Market Study

  • Branded test kits are expected to dominate the U.S. digital ovulation test kits market, rising at a CAGR of around 9.3%.
  • Institutional sales are expected to witness significant growth with easier access to patients driving a CAGR of around 8.8%.
  • Home based use of digital ovulation test kits to gain traction owing to lower stress for use through menstrual cycles.
  • Relatively higher costs to potentially limit sales of digital variants of ovulation test kits in the country.

“Increasing consumer awareness about fertility monitoring parameters, along with high cost and low accuracy associated with fertility treatments are expected to aid the demand for digital ovulation test kits in the U.S. through the end of the forecast period in 2031,” says the FMI Analyst

Who is Winning?The U.S. market is set to expand strongly owing to the rising prevalence of fertility disorders and the adoption of digital ovulation test kits. Furthermore, the advancements in digital ovulation test kits are expected to boost market demand.

Manufacturers are currently focusing on designing novel offerings that can provide better results at a lower cost, while also providing simple and reliable outputs. Key manufacturers are signing strategic partnership agreement within the industry to expand their product portfolios across the U.S.

  • In 2017, Sugentech, a major digital ovulation test kits manufacturer entered into a strategic partnership with CGETC, Inc., a consumer fulfilment and marketing company located in the U.S.

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The business alliance aims to support the distribution of product portfolios across the country and emerging players are extending their partnership to strengthen their market presence.

  • For instance, In February 2019 NFI Consumer Healthcare expanded the agreement with Callitas Health to distribute co-branded products such as NFI’s e.p.t, the leading Over-the-Counter (OTC) ovulation test kit in the U.S.

Key market players covered by FMI include Church & Dwight Co. Inc., Swiss Precision Diagnostics GmbH, Sugentech Inc., Gregory Pharmaceutical Holdings, Inc., iXensor Co. Ltd, Samplytics Technologies Private Limited, Bio-AMD, and others consolidating their positions through mergers, acquisitions and new product launches.

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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 U.S. digital ovulation test kits 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 digital ovulation test kits market on basis of product in detail, cover every aspect of the market such as (Branded Test Kits and Private Label Test Kits), and distribution channel (Institutional Sales (Hospital Pharmacies, Gynecology Clinics, IVF Clinics and Maternity Care Centers) and Retail Sales (Retail Pharmacies, Drug Stores, Hypermarkets & Supermarkets and Online Sales)) in the U.S.

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Digital Ovulation Test Kits Market by CategoryBy Product:

  • Branded Test Kits
  • Private Label Test Kits

By Distribution Channel:

  • Institutional Sales
    • Hospital Pharmacies
    • Gynaecology Clinics
    • IVF Clinics
    • Maternity Care Centers
  • Retail Sales
    • Retail Pharmacies
    • Drug Stores
    • Hypermarkets & Supermarkets
    • Online Sales

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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 8-years.

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Pharmaceutical Caps and Closures Market is expected to reach US$ 4 Billion by 2032

[434 Pages] According to Future Market Insights (FMI), the demand for pharmaceutical caps and closures is expected to rise considerably, enabling the market to surpass US$ 2.27 Bn in valuation by the end of 2021.

Continuous advancements in research and development for drug supplements is a key factor speeding up packaging innovations. Advanced technologies used in packaging primarily focus on ensuring stability of drugs during storage, shipment, and delivery.

In the coming years, the rising cases of chronic disease will support the expansion of the market. The role of smart packaging for medication is increasing to offer greater precision of administered medication, which directly affects patient compliance. This will influence the adoption of cost-effective yet advanced packaging solutions among manufacturers.

The pharmaceutical caps and closures market will therefore register adoption of digital manufacturing. This technology offers high quality caps and closure, with minimal time and cost requirements.

Focus on reducing product damage by user has encouraged inventors to introduce multi-dose delivery caps. The product’s user can remove fluid from the vial by interfacing a needle to the cap. The smart cap ensures that leftover fluid is clean.

In the past few years, environmental awareness among consumers has increased the need for sustainable packaging. In pharmaceutical packaging, the primary concern is product stability.

The demand for reducing the risk of cross contamination of product drives the use of biodegradable material in caps and closures. Also, waste product management is a key concern. Environmentally-friendly material produce lesser waste and are also recyclable.

Despite this, plastics remain the preferred material for manufacturing caps and closures. Plastic use in the market is expected to rise at 6.4% as producers aim for greater flexibility.

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Key Takeaways from Pharmaceutical caps and closures Services Market Study

  • Despite restricted growth amid COVID-19, the demand for pharmaceutical caps and closures is expected to rise at nearly 5% CAGR in 2021.
  • Increasing focus on light weight packaging is driving a transition towards resin-based packaging material.
  • The U.K. and Germany are leading markets in Europe, accounting for more than 26% and 17% of the Europe market respectively in 2021
  • The U.S. will account for a dominant share of 89% in the North America market through the forecast period.
  • China is the largest and fastest growing market in East Asia, exhibiting 8% CAGR through 2031.

“Increasing demand for smart and safe packaging solutions for pharmaceuticals, besides favorable reimbursement policies will offer lucrative growth opportunities for pharmaceutical caps and closure manufacturers through the assessment period in 2031,” says the FMI analyst.

Increase in Funding for Research Activities Offers Growth Opportunities

Leading manufacturers in the pharmaceutical caps and closures market are strengthening their market position through collaboration with various other organizations. Governments in developed and developing countries are actively taking initiatives to encourage research pharmaceutical packaging products.

For instance, Voltaren “No Mess” applicator from GSK Consumer Health was co-developed with Neopac and Nypro Healthcare.

Big drug producers are expected to benefit from the globalization of labor forces, that is, employment of skilled local labor at cheaper rates to derive larger cost savings. Furthermore, this will create room for research and development (R&D) investments.

As per data from EFPIA and PhRMA, annual pharmaceutical (R&D) expenditures increased at 2.5% p.a. in Europe as compared to 3.3% p.a. in the U.S. over the latest measurable period 2016-2020. This will also create opportunities for the expansion of the market.

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Who is winning?

The global market is set to expand due to the rising prevalence of chronic diseases. 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.

Some of the leading players in the pharmaceutical caps and closures market include but are not limited to Berry Global Inc., Amcor Plc, Aptar Inc., Closure Systems International Inc., O.Berk Company LLC, Bericap GmbH and Co KG, UNITED CAPS, CL Smith Company, Georg MENSHEN GmbH & Co. KG, WestRock Company, West Pharmaceutical Services Inc., Drug Plastics and Glass Co Inc., Gerresheimer AG, DWK Life Sciences GmbH, Parekhplast India Limited, and Parshva Exim Limited.

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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 pharmaceutical caps and closures 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 the pharmaceutical caps and closures treatment market on basis of the main indication in detail, cover every aspect of the market such as product type, molecule type, application, and service provider across seven major regions.

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Phramacutical caps and Closures Services Market by Category

Product type

  • Screw Caps & Closure
  • Snap Caps & Closure
  • Push-Pull Caps & Closure
  • Stopper & Seals
  • Others

Functionality

  • Child Resistant
  • Tamper-evident

Material type

  • Plastic
  • Elastomer
  • Metal

Avalability

  • Prescription (Rx) Pharmaceuticals
  • “Over-the-Counter (OTC) Pharmaceuticals”

Drug Modality

  • Small Molecule (Synthetic Drugs)
  • Biopharmaceuticals

Therapeutic class

  • Anticancer Drugs
  • Anti-infective Drugs
  • Anti-viral Drugs
  • Anti-bacterial Drugs
  • Anti-fungal Drugs
  • Others
  • Cardiovascular Drugs
  • Anti-inflammatory Drugs
  • Analgesics Drugs
  • Anti-diabetics
  • Ophthalmic Drugs
  • Neurological Drugs
  • Others

End Users

  • Pharmaceutical & Biotechnology Companies
  • Contract Manufacturing  Organizations (CMO)
  • Contract Research Organizations (CRO)
  • Academic & Research Institutes

Region

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

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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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Cemetery Software Market is likely to amass a revenue of US$ 2.7 billion by 2032

[335 Pages Report] The cemetery software market is projected to move forward with a CAGR of 4%, reaching US$ 2.7 billion by 2032, up from US$ 1.8 billion in 2022 during the forecast period (2022-2032).

The global cemetery software market growth is likely to skyrocket due to rising demand for a growing number of digital natives, cloud-based cemetery software.

Attributes Details
Cemetery Software Market CAGR (2022-2032) 17.0%
Cemetery Software Market Value (2022) US$ 12.4 Bn
Cemetery Software Market Value (2032) US$ 59.8 Bn

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Rising adoption of cemetery software is also facilitated by increased adoption of smart technology.

Growing awareness of the benefits of using cemetery software is a key factor driving the overall demand for cemetery software in various countries.

However, some end users’ reluctance to adopt new technologies may dwindle the cemetery software market size to some extent.

Nonetheless, during the forecast period, the global cemetery software market is expected to garner a healthy CAGR owing to its various benefits.

Some of which are that cemetery software generates a virtual map of a cemetery or burial facility to aid client selection and business allocation of burial plots, removing the need to traverse the physical grounds.

These maps are compatible with the majority of smartphones and laptop computers thereby significantly influencing the cemetery software adoption trends.

The cemetery software market trends are gaining momentum and the same can be owed to the increased use of Geographic Information Systems (GIS) for detailed mapping of unknown locations, including cemeteries.

This technology makes it easier to convert data into maps for greater accuracy, in turn, opening up a wide array of cemetery software market opportunities.

As cemetery software simplifies record digitization and storage by supporting image files, demand for cemetery software is on the surge worldwide.

Data can be retrieved quickly and displayed to clients for verification or correction and the same reduces the amount of manual paperwork and the potential for error.

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The cemetery software market is segmented by type, application, and region.

By Type:

  • Cloud-Based
  • Web-Based

By Application:

  • Individual
  • Government
  • Funeral Home
  • Others

By Region:

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

Key Players:

  • Cemify
  • Cemsites
  • Ovs-Genealogy
  • Legacy Mark
  • NewCom Technologies

These cemetery software companies play a significant role in bring about emerging trends in the market through various strategies including partnerships, mergers & acquisitions, collaboration, etc.

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Key Takeaways:

  • The cemetery software market, based on type, is dominated by cloud-based segment with a CAGR of 4.0% from 2022 to 2032.
  • By application, individual segment is likely to take the lead at a CAGR of 4.1% during the forecast period as the cemetery software greatly assists individuals in managing the finances associated with cemetery maintenance.
  • The US cemetery software market is projected to account for a sizeable cemetery software market share of about US$ 1 billion by 2032.
  • By 2032, the UK cemetery software market is expected to be valued US$ 87.0 Million, growing at a CAGR of 2.7%.
  • With a CAGR of 3.4% during the forecast period, China cemetery software market size is predicted to account for US$ 192.1 million by 2032.

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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Blood Banking Equipment Market is set to reach a valuation of US$ 14.8 Billion in 2022

[300 Pages Report] According to Future Market Insights, the global blood banking equipment market held a valuation of about US$ 14.2 Bn in 2021. As per the study, sales are expected to increase at a CAGR of 4.7% during the forecast period (2022-2032), surpassing US$ 23.4 Bn in 2032.

Data Points Market Insights
Blood Banking Equipment Market Value 2021 US$ 14.2 Bn
Market Value 2022 US$ 14.8 Bn
Market Value 2032 US$ 23.4 Bn
CAGR 2022-2032 4.7% CAGR
Market Share of Top 5 Countries 50.7%

Need for blood components due to increasing surgical procedures and accidents has always been a matter of concern for blood banks and hospitals. In the U.K. the number of surgeries has been on the rise over the last few years. About 70,000 A&E cases were registered in 2019 in the country.  Such cases will mostly require surgical procedures and this will in turn demand more blood banking equipment and products.

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Increasing awareness about blood donation is the top priority of all blood transfusion centers. To address this issue, governments across the globe are offering several attractive reimbursement opportunities to volunteer donors.

For instance, the AABB promotes full insurance coverage and offers lucrative reimbursement that will support the patients’ access to blood products, transfusion services and cellular therapies. The blood banking equipment market will witness immense growth in the upcoming years if such policies are implemented by developing economies as well.

The development of the blood banking equipment market is reliant on automation in blood bank centers, the rising trend of mobile blood drives/ camps, government support and initiatives and an increasing number of blood donors.

Key Takeaways

  • Blood collection products are expected to hold a 8% market value share in 2022 and are projected to display a CAGR growth of 4.8% over the forecast period.
  • Hospitals hold a higher share in the blood banking equipment market by a value of about 3% in 2021.
  • North America is slated to be the largest leading region with a value share of 2% at the end of the forecast period
  • India is expected to lead the growth in South Asia blood banking equipment market during the assessment period.

“Rising prevalence of chronic blood-related disorders, along with increasing trend of blood donation drives will fuel the blood banking equipment market over the forecast period,” says an analyst of Future Market Insights.

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Market Competition

Acquisitions, partnerships, recognition and product launches are the key strategies adopted by manufacturers and integrators to increase the consumer base in different geographies.

  • Blood Collection: BD acquired Velano Vascular in July 2021 with the goal of adding breakthrough needle-free blood draw technology to alleviate the pain and discomfort of multiple needlesticks.
  • Blood Processing: The novel plasma collection system developed by Terumo Blood and Cell Technologies received FDA approval in March 2022. Rika is a next-generation automated system that focuses on plasma centre personnel and donors’ experiences. It has safety features to reduce operator mistakes and harvests plasma in under 35 minutes.

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Future Market Insights brings a 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 2017 to 2032. The global blood banking equipment 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 the blood banking equipment market segment based on product– (blood collection [blood collection sets, blood bag tube sealer, blood collection mixer, blood bags, reagents, lancets, and others], blood processing [centrifuges, blood filters, blood bank analysers, blood warmers, and plasma thawing baths], blood storage [blood bank refrigerators, blood bank freezers, and test tube racks], and others), and end user (hospitals, and blood banks), across seven major regions.

Key Players :

  • Medtronic
  • BD Medical
  • Boston Scientific
  • Smith Medical
  • Argon Medical Devices
  • Novo Nordisk
  • Terumo Corporation
  • NIPRO Medical
  • B. Braun Melsungen AG
  • Medsurg
  • Hamilton Syringes & Needles
  • Hi-Tech Medicare Devices
  • Abbott Laboratories
  • Beckman Coulter, Inc.
  • Becton, Dickinson and Company
  • bioMérieux SA
  • Bio-Rad Laboratories, Inc.
  • Cerus Corporation
  • CSL Behring LLC
  • Fresenius Kabi AG

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Key Market Segments Covered in Blood Banking Equipment Industry Research

By Product:

  • Blood Collection
    • Blood Collection Sets
    • Blood Bag Tube Sealer
    • Blood Collection Mixer
    • Blood Bags
    • Reagents
    • Lancets
    • Others
  • Blood Processing
    • Centrifuges
    • Blood Filters
    • Blood Bank Analysers
    • Blood Warmers
    • Plasma Thawing Baths
  • Blood Storage
    • Blood Bank Refrigerators
    • Blood Bank Freezers
    • Test Tube Racks
  • Others

By End User:

  • Hospitals
  • Blood Banks

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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Sensing Cables Are Thus The Popular Way Of Detecting And Sensing The External Environment-FMI

A sensor is a component, module or subsystem which is used to detect events Sensing Cables market or environmental changes. It detects abnormalities, failures, extreme conditions. It is thus a reliable source of sensing used in various systems such as temperature sensors, fluid leakage, and temperature sensors. Global sensing cables are thus the popular way of detecting and sensing the external environment and avoid any machine or process failure.

It is used widely in the variety of applications such as for temperature, strain, acoustics, leakage and pressure. Global sensing cable market is thus favored due to growing demand in the equipment, its provision of failure avoidance and its reliability in extreme conditions.

Global Sensing Cable: Market Dynamics

The global sensing market is majorly driven by the oil and gas industries. It is used to monitor and detect any abnormalities in the working process through its sensors. The factors fueling the global sensing cables market includes high reliability, sensitivity over the related factor such as heat, water, and temperature, and its wide commercial and industrial application use.

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All these factors trigger the demand for the sensing cables in the global platform and are expected to show significant growth in the global market. The global sensing cable market is attributed to increasing government rules and policies for the safety standards across the globe. Rising demand from the energy applications with wide demand for sensor-enabled cables to propel the demand for the sensing cables.

Moreover, growing demand for the sensor-enabled equipment, increasing dependence on the technologies, advancement in the sensors’ operational and performance-based outcomes and prompt and timely sensing ability are expected to favor the demand for the global sensing cable market during the forecast period 2017-2027.

However, the factors such as connecting the sensor to the cable and cable strain relief create the problem in the production of sensing cables. The major factor affecting the sensing cable market is the cost of production and assembling.

The factors such as cable-length based sensing outputs, ignorance towards the latest technology, technical difficulties pertaining its maintenance and lack of risk taking abilities from the manufacturers stagnant the demand of the sensing cable in the global market.

Global Sensing Cable: Segment Overview

Based on the segmentation, global sensing cable market is favored by Oil and gas application. It is predicted to hold the largest market share of global sensing cable market in the forecast period.

The sensing cable depending on its basis is segmented into heat sensing cables also known as linear heat sensing cables, temperature sensing cables are also called distributed temperature sensing specifically used in fire prevention and detection, fire and smoke alarm, power stations, vehicles and in petrochemicals.

By its fibers, various types of fibers are used for the production of sensing cables depending on the functional areas. In the application part, the global sensing cables are segmented into various applications and commercial applications such as in power and energy, transportation, household, offices, and safety and security alarms.

Global Sensing Cable: Regional Overview

Regarding geography, sensing cable market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa. Sensing cable market is expected to register healthy CAGR during the forecast period due to a high demand of temperature sensitive equipment and the wide range of application such as oil and gas, power and energy, transportation and various other industries.

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Asia Pacific is a fastest growing market for overall sensing cables and expected to grow with highest CAGR throughout the forecast period. The growth of this market is attributed to increasing demand of sensing cables in the systems for broad applications and industrial uses such as oil & gas and power cable monitoring.

Moreover, the presence of major players in this region is driving the market growth in Asia Pacific region. To gain the significant market share several leading players in the sensing cables market are expected to focus on the developing countries of Asia. North America and European markets are driven by government rules, policies and regulations about the safety standards.

Germany is also expected to be the potential country market for the investors in the coming years. Rising demand for fire detection systems and increasing demand for power cable monitoring are the key growth factors in Latin America sensing cable market.

The Middle East, Africa are expected to show significant CAGR for sensing cables during the forecast period, attributed to increasing demand from oil & gas production facilities. Saudi Arabia and U.A.E. are projected to acquire significant market shares in the Middle East.

Global Sensing Cable: Segmentation

Based by sensing, global sensing cable market is segmented into

  • Heat
  • Water
  • Temperature
  • Hydrocarbons

Based on fibers used, global sensing cable market is segmented into

  • Fiber optic
  • Acrylate coating,
  • Cryogenic
  • Polyamide coating
  • Copper alloy coatings
  • Gold- coated fibers.

Based on modes, global sensing cable market is segmented into

  • Single-Mode Fiber
  • Multi-Mode Fiber

Based on Application, global sensing cable market is segmented into

  • Oil & Gas
  • Power Cable Monitoring
  • Process & Pipeline Monitoring
  • Transportation
  • Others Applications
  • Environment & Geo-techniques
  • Transportation
  • Fire Prevention
  • Security
  • Fire Detection

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About Future Market Insights (FMI)

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

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