Smart Pill Boxes & Bottles Market to grow at a healthy CAGR of 9.9% From 2022 and 2028

[230 Pages Report] The global smart pill boxes and bottles market was valued at US$ 129.3 Mn in 2021 and is expected to reach US$ 144.2 Mn in 2022. Furthermore, with the increasing adoption of smart pill boxes and bottles to improve medication adherence in patients, the overall smart pill boxes and bottles market is expected to grow at a healthy CAGR of 9.9 percent between 2022 and 2028, totaling more than US$ 254.7 Mn by the end of 2028.

Smart Pill Boxes & Bottles Market Size (2021) US$ 129.3 Mn
Smart Pill Boxes & Bottles Market Size (2022) US$ 144.2 Mn
Smart Pill Boxes & Bottles Market Forecast (2028) US$ 254.7 Mn
Smart Pill Boxes & Bottles Market Growth Rate (2022-2028) 9.9% CAGR
Dominant Product Smart Pill Boxes (75.3%)

Sales of smart pill boxes and bottles are likely to reach around 800 thousand in 2019. According to a new analytical research study by Future Market Insights (FMI), smart pill boxes and bottles market will remain a high growth-low volume landscape over the course of next few years. Over 43% of total sales will be accounted by smart pill boxes. The report envisages a higher rate of adoption for smart pill bottles.

Almost 70% of adult patients are observed to discontinue or manipulate drug therapy, resulting in non-adherence to prescribed medication. The study opines that this directly adds to the economic burden on healthcare delivery system in form of emergency cases and

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Smart Pill Boxes & Bottles Market to grow at a healthy CAGR of 9.9% between 2022 and 2028

Smart pill boxes and bottles are increasingly being perceived as a potential solution to such challenges posed by increased healthcare delivery costs. Significance of medication adherence continues to rise with increasing prevalence of chronic conditions, propelling demand for smart pill boxes and bottles.

Dementia and geriatric care remain the key application areas of smart pill boxes and bottles, according to the report. More than 80% of sales is accounted by aging patients and dementia-afflicted population. Cancer management is likely to emerge lucrative in terms of applicability in coming years.

With surging demand for high-quality healthcare delivery, senior care centers, hospitals, long-term care centers, and homecare settings are accelerating adoption of medication dispensers, thereby elevating the revenue growth of smart pill boxes and bottles market. Some of the leading companies are actively involved in the development of advanced technology medication dispensing devices with zero error risks during medication.

Home care settings maintain the highest consumption share in smart pill boxes and bottles market that roughly equates 65% of total sales. Almost a fifth of smart pill boxes and bottles sold are installed at seniors care and assisted living centers. FMI’s analysis indicates that long-term care centers are also creating promising market opportunities for smart pill boxes and bottles manufacturers and distributors.

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North America continues to reign supreme owing to early adoption of advanced technology enabled smart pill boxes and bottles, accounting for more than a third of the global market revenue. European market for smart pill boxes and bottles also represents a substantial volume share, majorly driven by German patients. South and East Asian regions are briskly developing high-potential markets for manufacturers and distributors of smart pill boxes and bottles, says the report.

The vendor landscape of smart pill boxes and bottles market remains fairly consolidated and competitive, as Tier 1 manufacturers continue to account for a majority of share in the market in terms of volume. While dominance of Koninklijke Philips N.V., PharmRight Corporation & Livi, and AdhereTech prevails in smart pill boxes and bottles market, the report finds that the competition among these players is characterized by product innovation, new launches, and technological advancements.

Key Segment

By product type

  • Smart Pill Box
  • Smart Pill Bottles

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By indication

  • dementia
  • Parkinson’s disease
  • cancer management
  • diabetes care
  • geriatric care
  • disability
  • others

By end user

  • Seniors Care & Assisted Living
  • Long Term Care Centers
  • Home Care Settings

By regions

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & 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 9-years.

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Tissue Engineered Skin Substitute Market is estimated for a robust 9.6% CAGR during 2022 – 2029

[248 Pages Report] Rapid expansion of wound management space has argued well for the growth in demand for tissue engineered skin substitutes. The global tissue engineered skin substitute market is projected for a robust 9.6% CAGR during 2022 – 2029, predominantly driven by high applicability in diabetic foot ulcers and other chronic wounds.

With advent of tissue engineering and improved ability to combine advanced manufacturing technologies with biomaterials and cell culture systems, more biomimetic tissue constructs have been emerged. Technological advancements are leading to production of advanced tissue engineered skin substitutes. 3D bioprinting and biotextile are emerging as popular biofabrication strategies for creating bioengineered skin substitutes. A team of researchers in the U.S. recently discovered a technology for complete 3D printing of the living skin along with blood vessels. Emergence of such revolutionary fabrication technologies will create a massive opportunity in the global market.

Despite breakthrough innovations assisting the growth of market, certain limitations are still there. The inability of tissue engineered skin substitutes to produce skin appendages such as hair follicles, sebaceous glands, and nails continues to remain among the most concerning challenges facing R&D teams

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Key Takeaways – Tissue Engineered Skin Substitute Market Study

  • With increasing researches in tissue engineering, the demand for   biologic skin substitute is expected to increase in the forecast period. For instance, a team of engineers at the California Institute of Technology (Caltech) and ETH Zurich have developed an artificial skin made from pectin, a naturally occurring long-chain molecule present in plant cell walls allowing the construction of natural and new dermis.
  • Increasing prevalence of diabetes and chronic wounds is boosting the demand for tissue engineered skin substitutes.
  • The demand for tissue engineered skin substitutes in emerging economies such as China and India is expected to increase owing to increasing incidence of diabetic foot ulcers, venous leg ulcers, and pressure ulcers.

tissue engineered skin substitute market

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Leading Manufacturers Setting the Pace for Product Innovations

The tissue engineered skin substitute market is a consolidated market. The tier 1 companies in the tissue engineered skin substitute market such as Allergan Plc., Mimedex Group Inc., Integra LifeSciences Corp. and Integra LifeSciences Corp. are expected to hold more than half of the total revenue generated by tissue engineered skin substitutes. The key players in the market are reshaping their current product portfolio by focusing on the introduction of new and advanced technologies and innovating new products.

Seeking More Insights?

Tissue engineered skin substitute market, a new study from Future Market Insights, opines on the evolution of tissue engineered substitute market from 2014 – 2021 and presents demand projections from 2022 – 2029 on the basis of; product (acellular skin substitute, biologic skin substitute, cellular skin substitute and synthetic substitute), material (synthetic and natural), application (chronic wound, acute wound and other applications such as breast reconstruction etc.) and end user (hospital, specialty clinics, ambulatory surgical centres and research laboratories) across seven prominent regions.

Tissue Engineered Skin Substitute Market by Category By Product:

  • Acellular Skin Substitutes
    • Acellular skin substitutes based on Amniotic Membrane
    • Other Acellular skin substitutes
  • Biologic Skin Substitute
    • Allograft
    • Xenograft
  • Cellular Skin Substitutes
    • Cellular skin substitute based on amniotic membrane
    • Other cellular skin substitutes
  • Synthetic Skin Substitutes

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By Material:

  • Synthetic
  • Natural

By Application:

  • Chronic Wounds
    • Venous leg Ulcers
    • Diabetic Foot Ulcer
    • Pressure Ulcers
  • Acute Wounds
    • Traumatic Wounds
    • Burn Cases
  • Other Applications

By End User:

  • Hospital
  • Specialty Clinics
  • Ambulatory Surgical Centers
  • Research Laboratory

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East 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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Stool Management Systems Market is set to experience significant growth at 3.4% CAGR from 2022 to 2032

According to Future Market Insights (FMI), the demand for stool management systems is expected to rise significantly, reaching a market value of USD$ 166.5 Mn by the end of 2021.

Stool management systems are designed for bed ridden patients with fecal incontinence, a condition commonly known as bowel incontinence. These systems are used to prevent infections and reduce nursing time requirements.

The stool management systems are advantageous for older adults and patients suffering from constipation and fecal incontinence. Furthermore, it is also helpful for bed-ridden patients who may have been subject to aliments such as strokes, paralysis, or spinal injury.

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According to the World Bank, approximately 700 million people were aged 65 and above in the world in 2019. Consequently, the overall high incidence of geriatric populations is resulting in the expansion of the patient pool and the resultant increase in the demand for stool management systems globally.

Fecal incontinence issues are common around the world and it has a notable burden on the economy and healthcare systems of society. The condition has impacted the economic system including hospital charges and nursing charges. Stool management systems help in reducing the nursing time and other hospital expenses.

Key players are focusing on strengthening their mergers and acquisition portfolios, in addition to advancement in technologies and new product launches. Europe holds the highest share in the market due to a vast target demographic, the presence of major market players, and high healthcare expenditure in the region.

“Increasing geriatric population, technological advancements, and a rising focus on next-gen stool management systems will create lucrative growth opportunities through 2031,” says the Future Market Insights analyst.

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Key Takeaways from Stool Management Systems Market Study

  • Systems are key to revenue generation in the stool management systems market surpassing accessories. They are likely to account for 63% value share by the end of the forecast period.
  • Luer-lock syringes will lead, with a valuation of over US$ 16 Bn by the end of 2021 owing to security in drug administration processes.
  • The U.S. accounts for more than 92% share in the North America market, and will witness growth backed by presence of a well-established healthcare sector.
  • Germany and France are leading countries in Europe and will account for more than 18% and 16% of the Europe market respectively in 2021.
  • Australia is the largest and fastest growing market in Oceania, exhibiting 6.2% CAGR during the forecast period.

Who is Winning?

The global stool management systems market is set to expand due to the rising number of people suffering from stool related ailments. Leading organizations within the market are set to focus on research for healthcare systems to offer increasingly effective treatment options for superior patient outcomes.

Some of the leading players in the stool management systems market include B. Braun Melsungen AG, Becton Dickinson, ConvaTec, Inc., Hollister Incorporated, Prosyn International Ltd., Consure Medical and others.

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Want More Insights?

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels that provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global stool management systems 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 stool management systems market on basis of the product type in detail, cover every aspect of the market such as systems, accessories and major regions.

Stool Management Systems Market by CategoryProduct Type

  • Systems
    • External Management Systems
    • Indwelling Collection Systems
      • With Irrigation
      • Without Irrigation
    • Accessories
      • Catheter Tubes
      • Luer-Lock Syringe
      • Collection Bag with Filter
      • Clinch Clamp

Region

  • North America
  • Europe
  • 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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Cotinine Screening Devices Market is expected to increase at a CAGR of ~4.7% From 2022-2029

According to a new market research report by Future Market Insights, the global cotinine screening devices market was valued at ~US$ 429.9 Mn in 2021, and is expected to increase at a CAGR of ~4.7% during the forecast period of 2022-2029. The report scrutinizes the cotinine screening devices market and provides critical insights for the forecast period of 2022-2029. As per the findings of the report, the global cotinine screening devices market is projected to experience a significant growth over the forecast period, which will be set in motion by a slew of factors such as growing focus on ‘value-driven’ healthcare services and high demand for effective screening techniques.

Stakeholders are leveraging newer technologies to offer non-invasive diagnosis, reliability of the screening devices, as well as testing at desired location, in an attempt to align with the trend of convenience, according to the FMI analyst.

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Developing Markets to Reflect New Growth Possibilities

Regions such as North America and Europe are expected to hold prominent market share in terms of value. However, developing markets are expected to project lucrative growth in the global cotinine screening devices market in the forecast period of 2022-2029. The exponential rise in workplace screening is one of the key drivers laying new growth alleys for manufacturers of cotinine screening devices to reap benefits from. The economic and technological parity of developing regions with the developed ones is another chief factor estimated to generate steady sales revenue for market players of cotinine screening devices.

Furthermore, rising level of awareness and adoption of products useful in smoking cessation programs is further upholding the lucrativeness of developing markets such as China, India and Brazil. The factors such as growing prevalence of smoking, screening employees for illicit drugs, sporting events, and deciding the health plan premium are anticipated to surge the sales of cotinine screening devices in developing counties.

The burgeoning middle-class population along with multiple compliances created for recruitment in the armed forces are anticipated to increase the potential use cases of cotinine screening devices in 2022 and beyond. The contract manufacturing services available in developing markets coupled with cheap labor force are expected to boost the investment and attractiveness quotient of developing countries, making them no less than hotbeds of opportunities for growth.

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End Users to Show Marked Preferences for Cassettes

By device type, the cassettes are expected to hold prominent value shares of the global cotinine screening devices market. This has majorly resulted from the cost effectiveness, ease of screening, quick detection, and portability of these compact cotinine screening devices. The report features the prominent players in the cotinine screening devices market, whose success has been riding on their strong portfolios and regional presence.

The global cotinine screening devices market is significantly consolidated with a chunk of players commanding prominent shares of the market. These players are offering cotinine screening devices under their popular brands such as Accutest®, ALERE ISCREEN®, Reditest®, QuickProfile™, NicCheck™ I, DrugCheck® SalivaScan™, TobacAlert®, among others.  Mergers and acquisitions will remain one of the key part of the growth & expansion strategies of cotinine screening devices market players, with an extensive emphasis on creating newer business models as well as distribution channels.

Cotinine Screening Devices Market, By Category

Device Type

  • Cassettes
  • Strips
  • Reader

By Sample Type

  • Blood Sample
  • Urine Sample
  • Saliva Sample

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By End-User

  • Hospitals
  • Laboratories
  • Clinics
  • Workplace Screening Centers

By Region

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

Key Questions Answered in the Report

  • What are cotinine screening devices?
  • What are the key market statistics of the global cotinine screening devices market?
  • Who are the key players of the cotinine screening devices industry?
  • Which device dominates the global cotinine screening devices 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 9-years.

Contact Us:
Future Market Insights,
Unit No: 1602-006,
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Double Seam Bowl Market Share Growing Rapidly with Recent Trends, Development, Revenue, Demand and Forecast to 2027

One such innovation is double seam bowls made of metal or plastic with high barrier properties for increasing the shelf life of the product without using any refrigeration.

Food packaging market is the fastest growing segment of packaging market, and packaging manufacturers are using various innovations and strategies to tap the potential of food packaging market.

Double seam bowls are the perfect solution for the retailers as the double seam bowls can increase the processed food shelf life up to two years. Plastic and metal are the commonly used material for manufacturing of double seam bowls.

Double seam bowls have its most of its applications in the food industry; it is widely used for packaging of fish, soups, fruit, vegetables, etc.

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In today’s busy lifestyle people instead of preparing a whole meal are preferring ready to eat meals which are creating an opportunity for double seal bowls market.

Double Seam Bowl Market: Market Dynamics

Rigid packaging food packaging market is estimated to be over US$ 100 Bn and is expected to grow at a CAGR of over 3.6% 0ver the forecast period. The use of double seam bowls for packaging of food is expected to increase due to the increasing trend among the consumers for having on the go meals.

The ability to increase the shelf life of packaged products by a significant period can boost the demand in double seam bowl market. Increasing penetration of the modern retail outlet in emerging markets is increasing the consumption of packaged and processed food hence positively influencing the demand in double seam bowls market.

The changing lifestyle and eating habits of the consumers are increasing the consumption of processed food and generating the demand in double seam bowl market. However technological advancements in flexible packaging have made rigid packaging less attractive for manufacturers due to its smaller carbon footprint.

The presence of the substitute of double seam bowls such as containers with high barrier lidding films, high barrier pouches can hamper the growth in double seam bowl market.

On the backdrop of convenience offered by the use of double seam bowl for packaging and handling of food due to their high barrier and microwavable properties is expected to create significant opportunities for double seam bowl market.

Double Seam Bowl Market: Segmentation Overview

Plastic with high barrier properties is used for packaging of food is expected to be used more due to its lower cost as compared to metal packaging.

Fish and soups are expected to be the majorly packed items in as they require the use of microwave before consumption. Double seam bowls can increase the shelf life of the packaged goods considerably.

Double Seam Bowl Market – Regional Outlook

Regionally global double seam bowl market is segmented into

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia-Pacific excluding Japan (APEJ)
  • Middle East & Africa (MEA)
  • Japan

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North America and Western Europe are expected to lead the double seam bowl market as the regions account for highest consumption of the processed food. With the increasing western culture influence demand for packaged food is expected to increase thus making APEJ and Latin America attractive regarding growth rate market for double seam bowl market.

Demand for double seam bowl market in MEA and Eastern Europe is expected to be sluggish while Japan is expected to contribute significant value share in double seam bowl market.

Double Seam Bowl Market – Key Players

As the market being in a nascent stage, there are very few key players in the double seam bowl market some of them are Silgan Holdings Inc., Truitt Bros. Inc., Golden-Tech International, 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 categories such as market segments, geographies, type of product and applications.

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 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.

Double Seam Bowl Market: Market Segmentation

Double seam bowl market is segmented by material type and by end use

Based on the material type, the double seam bowl market is segmented into:

  • Plastic
  • Polypropylene (PP)
  • Polyethylene terephthalate (PET)
  • Polyethylene (PE)
  • Low-density polyethylene (LDPE)
  • High-density polyethylene (HDPE)
  • Others
  • Metal
  • Aluminum
  • Tin
  • Steel

Based on the end use, the double seam bowl market is segmented into:

  • Fish
  • Fruit
  • Vegetable
  • Pasta
  • Soup
  • Others

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

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Surgical Tourniquets Market is estimated to reach US$ 812.2 by 2029

FMI’ analysis expects the surgical tourniquets market to grow at ~8% CAGR through to 2029, driven a surge in the number of trauma cases over the years lined with rising demand for effective device to stop arterial bleeding during surgical procedures. Analysts also expect that automatic machines and robotic technologies are likely to bring a paradigm shift in operative procedures, which should push the manufacturers to innovate their products and develop strategies to attract and retain a new segment of customers.

Worldwide sales of surgical tourniquets will increase by 7.5% year-over-year to reach ~US$ 381 million in 2019, up from ~US$ 355 million in 2018, according to the latest research from Future Market Insights (FMI).

Surgical tourniquets have long been reliable to establish a bloodless field of operation for surgeons while maintaining a high level of safety for patients. However, the risk of surgical-site infections as well as tourniquet-related injuries, particularly due to the application of high pressures and high pressure gradients to the patient, remains a potential threat to the market growth.

In an attempt to reduce the risks associated with higher tourniquet pressures, manufacturers are placing their bets on products innovations and introduction of novel features such as automatic pressure control, audiovisual alarms, digital displays, and easy-to-use user interface.

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Sales of Tourniquet Cuffs to Ramp up in 2019

According to the FMI analysts, tourniquet cuffs have been a vital part of the modern computer-assisted tourniquet system, which accounted for ~77% of total market revenue in 2018. While the inflatable disposable cuffs represented more than half of the total tourniquet cuff sales in 2018, the consumption of inflatable reusable cuffs is likely to increase 7.6% y-o-y in 2019.

“In terms of tourniquet systems, dual channel systems will continue to represent a relatively high share as compared to single channel systems, in the view of enabling bi-lateral procedures or simultaneous surgeries of both upper and lower extremity,” the FMI analyst said.

The consumption of surgical tourniquets for knee arthroplasty accounted for ~31% sales in 2018, while increasing application in amputation of limbs and trauma cases is likely to result in increased market share in the future.

“Recent advancements in reverse shoulder arthroplasty along with the introduction of ‘personalized’ tourniquet systems that allow the use of variable contour design and cuffs for specific patients will open new avenues of growth for the market players,” said the FMI analyst.

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Hospitals Capture Significant Share, North America in the Vanguard

In 2018, surgical tourniquets worth ~US$ 176 million were sold in hospitals; according to the FMI analysts, growing number of hospitals, especially in developing countries, and greater awareness of advanced medical devices will continue to drive the consumption of surgical tourniquets in hospitals.

Rapid adoption of ‘value-based’ model in health care settings have led to a surge in the number of ambulatory surgical centers and specialized clinics, thereby paving a new way of growth for the surgical tourniquets market.

The FMI analyst forecasts that North America will continue to remain at the forefront of surgical tourniquets market, representing 30% share in 2018. While North America is likely to be neck-and-neck with Europe to lead the market in future, manufacturers are tapping into new opportunities in developing countries in Asia Pacific.

The surgical tourniquets market shows a fair level of fragmentation, with two prominent players including Zimmer Biomet and Stryker Corporation accounting for more than one-third of the total revenue share. Exploring unmet needs in developing regions and expanding their distribution through collaboration and acquisitions of local and regional manufacturers remain key focal points of the market players.

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Key Segment

By Product Type

  • Tourniquet Systems
    • Single Channel Systems
    • Dual Channel Systems
  • Tourniquet Cuffs
  • Inflatable Cuffs
    • Disposable Cuffs
    • Reusable Cuffs
  • Non-Inflatable Cuffs
    • Disposable Cuffs
    • Reusable Cuffs

By Application

  • Knee Arthroplasty
  • Amputation of Limbs
  • Plastic Surgeries
  • Trauma Cases

By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialized Clinics

By Region

  • North America
  • Europe
  • Latin America
  • South Asia
  • East Asia
  • Oceania
  • Middle East And Africa
  • Emerging Countries

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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Wrist Watch Packaging Market Share Growing Rapidly with Recent Trends, Development, Revenue, Demand and Forecast to 2027

The shapes of wrist watch packaging boxes and cases have evolved from traditional round and square shape to triangle and diamond shaped boxes and cases which helps to differentiate the packaging for wrist watch packaging manufacturers. All such factors have contributed to increase consumption in the region of Asia Pacific which accounts for prominent use of wrist watch packaging and are further projected to remain dominant in global wrist watch packaging market over the forecast period.

Branding is one of the key influencing tools for wrist watch sales which has strengthen the revenue of wrist watch market. One of the factors which helps in an impulse purchase of watches is due to sophisticated and stylish packaging boxes and cases of wrist watches.

Traditionally wooden and metal material used for packaging wrist watches accounted for significant percentage of share in wrist watch packaging, but currently with plastic material sharing similar properties, the use of plastic boxes has increased.

Besides, product innovation and technological development in machine have increased the overall production output at minimal cost. All such factors have led manufacturers to tap the untapped regions of the Middle-East and Asia Pacific excluding Japan.

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Wrist Watch Packaging Market – Market Dynamics

Manufacturers of wrist watch are focusing on product innovation and development as watch manufacturers highly demand elegant box design. Organized retail stores act as a key influencing platform to display watch boxes and cases so as to cater the demand of luxury watch segment consumers. Also, easy availability of raw material such as HDPE and PET plastic have increased the supply capacity of wrist watch packaging manufacturers.

Moreover, technological development in wrist watches has led to innovation of smart watches such as Google, Apple, Samsung, etc., which has accounted for over 5% of overall wrist watch sales which has helped to improve the volume of the wrist watch.

All such factors have surged the demand for wrist watch packaging in the regions of North America and Europe. Rising purchasing power of young and consumerist population of emerging region has increased the sales of wrist watches wherein young population accounting for a greater share of purchase.

Wrist Watch Packaging Market – Regional Outlook

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

In term of production the global wrist watch packaging market highly fragmented across regions of Asia pacific excluding japan, japan, North America and Europe. On the basis of consumption the market is highly concentrated with three countries that is Hong Kong, United States, China, France and Germany accounting for large market share. Market in the countries of Asia Pacific excluding Japan is expected to witness a robust CAGR over the forecast period.

Global Wrist Watch Packaging Market – Key Players

Some of the key players operating in the global wrist watch packaging market include Interpak, Linkupak, Ch. Dahlinger GmbH & Co KG, National Pak Ltd, Studioabd, Kling Display & Packaging, Cyberpac, Delu Ltd., LOMB ART.

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, type of product and applications.

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The report covers exhaust analysis on

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

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.

Wrist Watch Packaging Market – Market Segmentation

Global wrist watch packaging market is segmented on the basis material type, product type, and shape type.

On the basis of material type, the global wrist watch packaging market is segmented into

  • wood
  • fabric
  • Cardboard & paperboard
  • metal which is further sub-segmented into aluminum and steel
  • plastic is sub-segmented into polyethylene terephthalate (PET), high- density polyethylene (HDPE), low-density polyethylene (LDPE), polypropylene (PP), polystyrene (PS).

On the basis of product type, the global wrist watch packaging market is segmented into

  • box,
  • cases.

On the basis of shape type, the global wrist watch packaging market is segmented into

  • round
  • square
  • triangle
  • rectangle
  • oval
  • diamond shape.

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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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Pixel Pitch LED Market Growth, Segmentation, Competitive Landscape, Key Trends & Forecast 2022 to 2032

The Pixel Pitch LED Market revenues were estimated at US$ 1 Bn in 2021 and is anticipated to grow at a CAGR of 17.4% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 13.6 Bn. Digital Signage segment is forecasted to grow at the highest CAGR of over 18.1% during 2022-2032.

Users need their message to be seen which makes pixel pitch important in digital signage. Pixel pitch LED screens has a direct effect on the optimal viewing distance. The ability to see individual pixels allows the viewer to approach the display more closely without being distracted. The lower the pitch, the closer the viewer can stand to the screen while still seeing a clear image.

A higher pitch is required for closer viewing situations, such as an airport, chain store, live stream studios, or any other location where people will be in close proximity and will want to read the information. A lower pitch is used for long-distance viewings, such as in a sports stadium with hundreds of yards of spectators.

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The presence of Xtreme Media in India Virtual production opens up a plethora of creative and cost-effective options. Traditional production necessitates a dedicated crew, whereas virtual production drastically reduces costs. Because everything is done on a large screen, there are no complicated settings, which saves time.

It does not entail moving data and files around before combining them into a single composite whole. As coding allows the director to add additional components to any scene, the visuals become more creative. It drastically cuts post-production time. Therefore, the only area where work is increasing is pre-production.

Key Takeaways from the Market Study

  • Global Pixel Pitch LED Market is estimated to reach a market size of US$ 2.7 Bn in 2022.
  • The Digital Signage segment, is expected to have the highest CAGR rate of 18.1% during the forecast period.
  • United States is projected to remain the most dominant market with an absolute dollar growth opportunity of US$ 4.9 Bn during 2022 – 2032.
  • The market in India is set to experience the highest CAGR of 26.6% during the 2022-2032 forecast period.

“During the projected period, the increase in the use of fine pixel pitch LED displays in events and advertising, as well as an increase in the use of fine pixel pitch LED displays in the transportation sector will be a key driver in raising the Pixel Pitch LED market revenue.” comments a Future Market Insights analyst.

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Competitive Landscape

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

  • In June 2022, the largest LED screen in Europe, measuring 1,020 square metres, was installed on a high-rise building near Austria’s busiest road, just south of Vienna. A semi-transparent LED screen was designed and installed by the Croatian company Rineo Sign Factory, who used approximately 1,400 cabinets of Absen transparent LED modules.
  • In May 2021, PixelFLEX’s EF Series product line features a new line of tour production quality LED displays. The new EF Series Assembly line provides more detailed cost flexibility. The EF Series assembly line offers a feature-rich and cost-effective indoor LED lighting solution. With rising options ranging from 1.9 to 4.8 and brightness up to 1,200 Nit, the new EF Series as a whole is an outstanding solution for meeting spaces, religious institutions, and organizational facilities.
  • In September 2020, the Planar HRO Series of high pixel density outdoor LED video walls was introduced by Planar. The Planar HRO Series adds a fine pixel pitch LED with high brightness for close-up daylight video viewing to the company’s LED display solution product line. It also delivers powerful visual experiences to audiences even in direct sun.

More Insights Available

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

The study reveals extensive growth in Pixel Pitch LED Market in terms of Type (Upto 3mm, 2mm to 1mm, <1mm), Application (Broadcast Screens, Digital Signage, Control Room and Monitoring, Visualization and Simulation, Others) across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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Market Segments Covered in Pixel Pitch LED Market Analysis

By Type:

  • Upto 3mm
  • 1mm to 2mm
  • <1mm

By Application:

  • Broadcast Screens
  • Digital Signage
  • Control Room and Monitoring
  • Visualization and Simulation
  • Others

By Region:

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

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https://domain.tribe.so/post/label-printing-software-market-in-depth-analysis-growth-strategies-and-comp–632086e0863fd23dc03655e3

https://careero.mn.co/posts/26936999

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About Us

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

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Photonic Integrated Circuit Market Current Scenario Trends, Comprehensive Analysis & Regional Forecast 2022 to 2032

The Photonic Integrated Circuit (PIC) Market revenues were estimated at US$ 1.1 Bn in 2021 and is anticipated to grow at a CAGR of 21.5% during 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 9.4 Bn.

Photonic integrated circuits (PICs) technology has advanced rapidly in China during the last decade. The market in China is estimated to reach at US$ 807.8 Mn with an absolute growth opportunity of US$ 710.5 Mn during 2022 – 2032.

To produce photonic integrated devices for numerous applications concentrating on broadband communication, such as optical and wireless networks, optical interconnects, and optical coherent communication, several material platforms and technologies have been developed.

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Silicon Photonic MEMS, offers exceptional potential for low-power and high-performance photonic devices and lay the groundwork for efficient integration in very large-scale photonic integrated circuits, as required in programmable and reconfigurable photonic integrated circuits.

Many scientific accomplishments and breakthroughs have been produced with the assistance of these initiatives, including silicon photonics transceivers, InP-based transceivers, and optical and microwave signal processing devices. PICs technology is likely to be constantly supported over the next few years, since it is regarded as one of the essential enabling technologies for supporting various national significant assignments and strategies, such as broadband communication, supercomputing, and datacenter.

Key Takeaways from the Market Study

  • Global Photonic Integrated Circuit Market is expected to reach a market size of US$ 1.3 Bn by 2022.
  • The Hybrid Integration segment, is expected to have the highest CAGR of 21.5% during the forecast period.
  • United States is projected to remain the most dominant market with an absolute dollar growth opportunity of US$ 2.4 Bn during 2022 – 2032.
  • The market in China is set to experience the highest CAGR of 23.6% during the 2022-2032 forecast period.

“During the projected period, the rise of Internet of Things (IoT), cloud, streaming video, and 5G adoption will benefit the Photonic Integrated Circuit (PIC) industry in the coming years.” comments a Future Market Insights analyst.

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Competitive Landscape

The market is fiercely competitive, where key players are increasingly focused to obtain a competitive advantage. The key companies in the Photonic Integrated Circuits (PIC) Market are focused on R&D to produce innovative technological solutions.

  • In February 2022, Ayar Labs, a photonic chip provider with circuits that carry data between processors significantly faster than typical metal interconnects, announced a “multi-year strategic agreement” with Hewlett Packard Enterprise.
  • In October 2020, Sanan IC, the world’s largest LED manufacturer announced that it has inked a US$ 50 Mn Joint Venture Agreement with POET Technologies. Super Photonics Xiamen Co., Ltd, the company’s subsidiary, has also applied for registration. This is expected to offer transceiver module makers, systems vendors, data centre operators, and network providers throughout the world with a new generation of cost-effective, high-performance optical engines.
  • In May 2022, to increase reliability and performance across all operating scenarios, Cisco announced that it has combined new predictive technologies with its comprehensive portfolio of observability, visibility, and intelligence capabilities.

More Insights Available

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

The study reveals extensive growth in Photonic Integrated Circuits (PIC) Market by Integration Type (Monolithic Integration, Hybrid Integration, Module Integration), By Application (Optical Communications, Sensing, Bio photonics, Optical Signal Processing), By Raw Materials (Indium Phosphide, Gallium Arsenide, Lithium Niobate, Silicon, Silica-on-Insulator, Others), By Components (Lasers, Modulators, Detectors, Attenuators, MUX/DEMUX, Optical Amplifiers) across regions (North America, Europe, Asia Pacific and RoW).

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Market Segments Covered in Photonic Integrated Circuits (PIC) Market Analysis

By Integration Type:

  • Monolithic Integration PIC
  • Hybrid Integration PIC
  • Module IntegrationPIC

By Application:

  • Optical Communications
  • Sensing
  • Bio-photonics
  • Optical Signal Processing

By Raw Materials:

  • Indium Phosphide
  • Gallium Arsenide
  • Lithium Niobate
  • Silicon
  • Silica-on-Insulator
  • Others

By Components:

  • Lasers
  • Modulators
  • Detectors
  • Attenuators
  • MUX/DEMUX
  • Optical Amplifiers

By Region:

  • North America
  • Europe
  • Asia Pacific
  • RoW

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About Us

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

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Animal Health Software Market : Key Players, Applications, Outlook, SWOT Analysis & Forecasts 2022 to 2032

The Animal Health Software market revenues were estimated at US$ 1.6 Bn in 2021 and is anticipated to grow at a CAGR of 10.2% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 1.6 Bn. Patient demand is being driven by their growing need from veterinary practitioners, which is a primary driver of market growth.

Furthermore, in the coming years, increasing knowledge about the benefits of employing software solutions, as well as an increase in clinical visits by pet owners, are likely to promote the use of software solutions in veterinary clinics.

A growth in companion pet ownership, as well as worries about pet health, are influencing the animal health business. A greater emphasis on the safety and efficiency of animal production is another key factor for market growth.

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Since these systems assist practitioners in supporting and recording various standards of care protocols, healthcare recommendations, keeping track of the patient’s condition with invoicing and billing, strategic planning, inventory tracking, and overall treatment procedure management, market growth is expected to be fueled by the growing demand for Practice Management Software.

The Animal Health Software market reached a valuation of US$ 1.6 Bn in 2021 increasing by 8% during 2022 – 2032. Future Market Insights estimates that Animal Health Software revenue will grow 2.6X from 2022 to 2032, reaching nearly US$ 1.6 Bn in 2032.

Revenue through Practice Management Software is expected to grow at a CAGR of 10.5%, during the forecast period.

On-premise segment is expected to grow at the highest rate of 9.8% CAGR, during 2022 – 2032.

Among countries, US is expected to produce the largest revenue of $675.7 Mn by 2032.

Competitive Landscape

The key Animal Health Software companies include IDEXX Laboratories Inc., Hippo Manager Software Inc., VetZ Limited, Esaote SpA, Henry Schein Inc, Patterson Companies, Vetter Software, Animal Intelligence Software, Timeless Veterinary Systems, ezyVet Limited, Britton’s Wise Computer, FirmCloud Corporation, Clientrax, VIA Information System, Finnish Net Solutions, Carestream Health, and OR Technology.

Some of the recent developments of key Animal Health Software providers are as follows:

  • In August 2021, Petabyte Technology announced a cooperation to improve the lives of veterinarians, their staff, and pet owners with revolutionary software. The two firms proposed collaboration to enhance Petabyte’s next generation of software in order to transform animal hospital operations and the pet parent experience.
  • Recently, the Veterinary Hospitals Association has managed to enter into a partnership agreement with PetDesk. This agreement provides all Veterinary Hospitals Association members with exclusive access to improved and simplified client communication solutions.

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More Insights Available

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

The study reveals essential insights on the basis of Product Type (Practice Management Software, Imaging Software), by Deployment Mode (On-premise, Cloud-based) By Practice Type (Small animals, Mixed Animals, Equine, Food-producing Animals, Others) by End-User (Hospitals/Clinics, Reference Laboratories) across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Market Segments Covered in Animal Health Software Industry Analysis

By Product Type:

  • Veterinary Practice Management Software
  • Veterinary Imaging Software

By Deployment Mode:

  • On-premise Animal Health Software
  • Cloud-based Animal Health Software

By Practice Type:

  • Small Animals
  • Mixed Animals
  • Equine
  • Food-producing Animals
  • Other Practice Types

By End-User:

  • Hospitals/Clinics
  • Reference Laboratories

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About Us

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

Contact:

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