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Global demand for gadolinium is projected to be worth US$ 5.3 billion in 2022 and to increase at a CAGR of 5.2% to US$ 8.8 billion from 2022 to 2032. Asia Pacific’s developing economies are set to have enticing development prospects.

Gadolinium is a rare earth metal, silvery white, ductile and malleable. Gadolinium is employed in various application segments including electronics, medical equipment, imaging agents and nuclear reactors among others. Being a rare earth metal, the price of gadolinium have increased many folds over the years and the trend is expected to continue in the near future.

The key growth drivers of the gadolinium market globally include technical advancements leading to increasing demand, rising demand from the healthcare industry, and increased use of colour televisions. Additionally, expanding uses for gadolinium and developing economies like China, India, and others would open up new opportunities for the gadolinium market.

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Superior metallurgic characteristics and high efficiency have been the major factors driving growth for gadolinium market. Small amount of gadolinium improves the temperature resistance and efficiency of metals such as iron. Gadolinium has been gaining acceptance in the medical equipment and nuclear applications. Therefore, growing demand for nuclear energy and medical equipment has been a major driver for the industry. Price of gadolinium has been increasing over the years which have been a major factor restraining market growth. Research and development activities to increase the application scope of gadolinium are expected to offer huge growth opportunity in the market.

Increasing demand for nuclear energy mainly in the Asian countries of China, Japan is expected to drive the demand for gadolinium in the region. With increasing threat of energy crisis several developing economies have increased their investments in the nuclear energy segment. Emerging geographical segments such as India, Pakistan and other developing economies in the Asia Pacific region is expected to offer huger growth opportunity in the region. Increasing shift of demand towards the renewable sources of energy mainly in the developed economies of North America and Europe is anticipated to slow the market growth in the region.

Competitive Landscape

Major industry participants in the gadolinium market include

• Goodfellow Corpration
• GFS Chemicals, Inc.
• All-Chemie, Ltd
• Pascal Technologies, Inc.
• Fredericksburg
• VA Alfa Chemical Corpation
• Molycorp
• Super Conductor Materials, Inc.
• Inorganic Ventures
• Molycorp Corporation

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.

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Regional analysis includes

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

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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The global Nickel Carbonate market is estimated to expand at a remarkable growth rate of 5.6% CAGR over the forecast period between 2022 and 2032, finding future market insights (FMI) in a recent market analysis.

Nickel Carbonate is extensively used as a source of nickel in the electroplating industry for various applications in recent days. Currently, the electroplating industry is witnessing rapid growth with high CAGRs owing to the substantial growth in demand for high-performance metals. Notable growth in end-use industries such as automotive, construction, and others is expected to promote the growth of such metals over the forecast period. Zinc-nickel plating solutions are one widely accepted solution to develop corrosion resistance in metals used in the automotive and construction industry. Nickel carbonate is used as a nickel source in such plating solutions which is expected to boost the sales of nickel carbonate over the upcoming assessment period of 2022-2032.

In addition, Nickel Carbonate is also getting fair traction as a catalyst in a variety of end-use industries. The oil & gas industry is playing a key role in promoting the use of nickel carbonate as nickel catalysts. Consistent growing demand for cleaner and high-quality fuels is expected to be the key reason behind such robust growth in demand for nickel catalysts in oil & Gas industries owing to its use in selective hydrogenation of unsaturated compounds produced during steam cracking.

However, the high price of the product owing to expensive raw materials used such as nickel has remained a longstanding challenge for the manufacturers and consumers. High product price has compelled manufacturers and consumers to find and develop cost-effective solutions to maintain a competitive atmosphere in the market.

“Substantial growth in the electroplating industry is expected to be a key factor promoting the growth of nickel carbonate over the forecast period,” says an FMI analyst.

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Key Takeaways:

• The global Nickel Carbonate market is expected to attain a value of over US$ 459.6 Mn by the end of the forecast period growing at a CAGR of 5.6% over the forecast period.
• The rising demand for Nickel Carbonate for electroplating is expected to propel the growth of the market in recent years.
• Key Manufacturers are engaged in providing tailored solutions to the consumers and gaining a competitive edge in the market.
• The electroplating industry is the major consumer application of nickel carbonate. The segment is anticipated to consume around 72% of nickel carbonate produced every year.
• Owing to a consistent consumer shift toward a high quality products. 42% – 46% Nickel-containing nickel carbonate is expected to witness substantial growth over the forecast period.
• Despite various driving factors, the high price of nickel carbonate is controlling the growth rate of the global nickel carbonate market.

Competitive Landscape

American Elements, Liangren Chemicals, Umicore, Reullei, Thermo Fischer Scientific, abcr GmbH, Himalaya Industries, Uma Chemicals, Eramet, jinchuan group, Jiangxi. Nuclear Industry Xingzhong New Material Co., Ltd, Fairsky Industrial, and others are the key players in the Nickel Carbonate market.

More Insights into the Nickel Carbonate Market Report

In its latest report, FMI offers an unbiased analysis of the global Nickel Carbonate market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, its growth, and scope, the market is segmented based on Ni Content, Application, and Region.

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About FMI – Chemicals and Materials

The Chemicals and Materials division of FMI offers a distinct and pinpoint analysis of the chemicals and materials industry. This exhaustive coverage extends from commodity, bulk, specialty, and petrochemicals to advanced materials, composites, and nanotechnology in particular, with special emphasis on ‘green alternatives, recycling and renewable technology developments, supply-demand-trade assessment. Our research studies serve as referencing market guidelines for chemical manufacturers, research institutions, channel partners, and government bodies for developing – ‘The Way Forward’.

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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During the forecast period ranging from 2022-2032, the medical plastics market is expected to grow at a value of 7.8%. In 2021, this market was predicted to have a global valuation of US$ 46.5 Billion, and is expected to reach a sum of US$ 106.23 Billion by 2032, according to a recent report published by Future Market Insights. The market is going to face increasing demand owing to the increase in growing geriatric population and various advancements in the field of medical science.

From 2017 to 2021, the Medical plastics industry grew at a CAGR of 6.3%. Since medical plastic does not permeate and is shatter-proof, it is an excellent choice for transporting biohazardous materials. Dangerous pathogens can be kept at bay by properly disposing of medical waste. Furthermore, these plastics have higher levels of safety and antimicrobial properties than other raw materials. Because medical plastics aid in decontaminating samples and securely containing them, the medical plastic market is gaining significant traction in the healthcare sector.

The growing elderly population in the United States, as well as the growing demand for home healthcare services, are driving medical plastics demand in North America. Furthermore, the pharmaceutical sector in Mexico and Canada is expected to expand rapidly, fueling product demand in the pharmaceutical packaging market. At the same time, APAC is estimated to be the leading market for medical plastics during the forecast period, owing to strong investments in R&D and digitization in the healthcare ecosystem.

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Key Takeaways from the Market Study

• In 2022, the global medical plastics market is estimated to have a global market size of US$ 50.13 Billion.
• Medical plastics market in North America acquired 34% of the global market share in 2021.
• Asia Pacific is expected to grow with a 5% CAGR during 2022-2032.
• By product, the Polyphenylsulfone segment took over 52% of the global Medical plastics market share in 2021.
• By application, the medical components segment acquired 42% of the global market share in 2021.

“The demand for medical plastics is expected to rise in the future due to the growing geriatric population and the increased need to find better alternatives to steel and glass medical instruments and equipment. Various technological advancements in this field, especially for prosthetics, will create new opportunities during the forecast period. ,” comments a Future Market Insights analyst.

Competitive Landscape

The global medical plastics market is fragmented due to strong distribution networks and a wide range of products offered by large and small companies in emerging and developing economies. The major growth strategies employed by market players to expand their regional presence and meet the growing demand for medical plastics in emerging economies between 2017 and 2022 were new product launches, agreements & collaborations, expansions & investments, and mergers & acquisitions. Establishment players are creating new medical products through research and development.

• In the first quarter of 2022, Evonik Industries AG introduced VESTAKEEP iC4800 3DF, a PEEK (polyether ether ketone) filament that would improve the fusion between implants and bones.
• In January 2021, PTA Plastics, for example, invested more than $2 million in capital equipment and buildings. These injection moulding and finishing machines and equipment will be used for medical plastics products.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global Medical plastics market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of product type (Polyethylene (PE), Polycarbonate (PC), Polypropylene (PP), Polyphenylsulfone (PPSU), Liquid Crystal Polymer (LCP), Polyethylenimine (PEI), Polyethersulfone (PES), Polymethyl Methacrylate (PMMA) others), by application size (Medical Device Packaging Orthopedic Implant Packaging, Medical Components, Orthopedic Soft Goods, Cleanroom Supplies, Wound Care and Others), and across five major regions (North America, South America, Europe, Asia Pacific and Middle East & Africa).

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About the Chemicals & Materials Division at Future Market Insights

The chemicals & materials team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the healthcare industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

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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The global Faux Paints and Coatings market is valued at US$ 2.1 Bn in 2022 and is expected to reach US$ 4.2 Bn by 2032, expanding at a CAGR of 6.3% between 2022 and 2032. According to Future Market Insights, a market research and competitive intelligence provider, global Faux Paints and Coatings consumption has increased at a CAGR of roughly 5.7% over the last half-decade.

Demand for material-based adhesives is increasing in public and private applications for superior finishes, and a growing acceptance of authentic synthetic finishes, especially in emerging economies, is anticipated to increase the development of the global artificial finish coatings market over the coming decade.

New residential and non-residential developments, particularly in emerging regions, have an impact on the growth of the Faux Paints and Coatings industry. The desire for house décor and painting is projected to fuel demand for fake coatings.

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Key Takeaways from Market Study

• Faux Paints and Coatings Market was valued at US$ 7.2 Bn in 2021. According to Future Market Insights, Faux Paints and Coatings Market revenue would increase 1.8X between 2022 and 2032, reaching roughly US$ 6.4 Bn in 2032.
• In terms of Type, revenue through Plasters is expected to accounts for the highest projected CAGR of over 7%.
• In terms of Application of Faux Paints and Coatings, Building and Construction accounts for the highest CAGR of 6.2% during the historic period (2017-21).
• US is the dominant region in Faux Paints and Coatings Market with an absolute dollar growth opportunity of over US$ 2.2 Bn.

Plasters had the largest market share in 2021, accounting for about 30% of the market. Throughout the projected period, this product segment is likely to dominate the worldwide market.

Winning Strategy

Because of its greater bond than powder compounds, Faux Paints and Coatings are widely used in the residential sector. In the near future, the worldwide Faux Paints and Coatings market is expected to be driven by an increase in the use of Faux Paints and Coatings as bonding agents in the building sector.

Competitive Environment

The worldwide Faux Paints and Coatings industry is fragmented and reliant on a few significant players. To maintain their top positions, these important firms are stressing the development of increasingly innovative and diverse goods.

• In 2021, Faux Effects International Inc. announced the release of WALL SILK in 2021, a one-of-a-kind Faux Effects decorative coating that, when combined with ShimmerCoat, evokes the look, feel, and elegance of raw silk and other magnificent materials.
• In 2020, PPG Industries, Inc. announced that it will introduce a new line of fake finish coatings in a variety of neutral hues.

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Market Segments Covered In Faux Paints And Coatings Market Analysis

By Type:

• Plasters
• Metallics
• Wall Glazing
• Marbleizing
• Other Types

By Application:

• Building & Construction
• Furniture
• Other Applications

By Region:

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

Future Market Insight’s Domain Knowledge in Chemicals and Materials Division

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned Chemicals and Materials domain team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over a thousand reports and 1 million-plus data points, the team has analysed the Chemicals and Materials industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

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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According to a recent study by Future Market Insights, the cumene market is anticipated to have a prodigious CAGR of 5.4% during the period of 2022-2032. The market is anticipated to reach US$ 42.7 Billion in 2032, from US$ 25.1 Billion in 2022. The market was valued at US$ 23.5 Billion in 2021, and is expected to grow with a Y-O-Y growth rate of 6.8%. The overall absolute dollar growth of the global market is US$ 17.6 Billion.

Growing utilization of the cumenes for various applications is estimated to boost the market growth over forecast period. Major factors that are expected to boost the growth of the cumene market in the forecast period are the rise in the demand for phenolic resins and bisphenol-A, and the increase in the consumption of acetone and its derivatives. Furthermore, the rise in the usage of cumene in adhesives and sealant chemicals and the upsurge in the preference for the consumers towards high octane production are further propelling the growth of the cumene market.

The product innovations, such as the development of food-grade cumene for polycarbonate plastic-based containers and bottles are expected to extend profitable opportunities to the market players during the forecast period. One of the major applications of cumene is in the production of phenol. The liquid-phase oxidation of cumene with molecular oxygen forms cumene hydroperoxide, which is further decomposed into phenol and acetone using a catalyst. The oxidation process requires the use of purified cumene. The catalyst used to decompose cumene hydroperoxide into phenol and acetone is sulphuric acid.

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Key Takeaways from the Market Study

• The US to account for the highest value share of US$ 14.9 Billion of global market demand for cumene in 2032
• From 2015 to 2021, Cumene demand expanded at a CAGR of 3%
• By production, the zeolite segment constitutes the bulk of Cumene Market with a CAGR of 6%.
• By application, the phenol segment dominates the cumene market with a CAGR of 4%.

“Product innovations, such as the development of food-grade cumene for polycarbonate plastic-based containers and bottles are expected to extend profitable opportunities to the market players during the forecast period,” remarks an FMI analyst.

Competitive Landscape

Players in the global Cumene Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

• In May 2021, PPG announced the completion of a USD 13 million investment in its paint and coatings plant in Jiading, China, which includes eight new powder coating production lines and an enlarged powder coatings technology centre, which will improve PPG’s research and development capabilities. The extension will almost certainly boost the plant’s capacity by over 8,000 tonnes per year.
• In October 2019, INEOS announced that it had broken ground at its global-scale cumene investment facility at Marl, Germany. With a capacity of 750,000 ton per year of cumene, the plant’s construction was expected to be completed in 2021.

Know More About What the Cumene Market Repost Covers

Future Market Insights offers an unbiased analysis of the global Cumene Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032. To understand opportunities in the Cumene Market, the market is segmented on the basis of production, and application across five major regions.

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Key Segments Covered In The Cumene Market Report

Cumene Market by Production:

• Zeolite Cumene
• Solid Phosphoric Acid Cumene
• Aluminum Chloride Cumene

Cumene Market by Application:

• Cumene for Phenol
• Cumene for Acetone
• Cumene for Other Applications

Cumene Market by Region:

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

About Chemicals and Materials Division at Future Market Insights

The chemicals and materials team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

About Future Market Insights (FMI)

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

Contact:

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The global epiglottitis treatment market demand is presently valued at around US$ 10 Billion and is forecasted to develop at a CAGR of 4.8% to reach US$ 16 Billion by 2032. Epiglottitis is a bacterial viral infection which results in inflammation and swelling of epiglottis, basically epiglottis is a cartilage structure which located at the back of the throat, beneath the tongue and the function of epiglottis is close over the trachea when foods are being swallowed, Epiglottitis causes breathing issue, tachycardia, swelling of supraglottic tissue, inspiratory stridor, pharyngitis, cervical lymph nodes, inability to handle secretion.

The symptoms of epiglottitis are drooling, dysphagia, dysphonia, distressed inspiration efforts. Differential diagnosis of adult epiglottitis includes Infectious process and non-infectious disease, infectious process symptoms are diphtheria, pertussis, croup, tracheobronchitis, peripharyngeal and others and in non-infectious disease, epiglottitis diagnosing identify by are an allergic reaction, angioneurotic, oedema, reflex laryngospasm, systemic lupus, and others.

Epiglottitis can affect people at any age, basically Epiglottitis used to diagnosed mostly in males rather than females and usually occurs in children 2 to 8 year of age, primarily epiglottitis is caused by Haemophilus influenzae type B (HIB) and other bacteria and viruses also can cause epiglottitis inflammation such as Streptococcus pneumonia, Streptococcus A, B and C, and Staphylococcus aureus.

Epiglottitis is diagnosed by the blood test to identify bacteria, x-ray, and CT scan to determine the level of swelling. Epiglottitis is treated by oxygen mask which used to deliver air to the lungs, tracheostomy which may be needed to bypass the swelling in the throat.

Epiglottitis Treatment Market: Drivers and Restraints 

Increasing prevalence and incidence rate of epiglottitis are expected to contribute to the growth of Epiglottitis Treatment market during the forecast period. HIB vaccination and third generation cephalosporin which is given by parental route (Intramuscular/intravenous) effective against Haemophilus influenzae type B which cause Epiglottitis disease is expected to enhance the growth of Epiglottitis Treatment market.

Epiglottitis is an inflammatory disease and caused by a variety of organism, so antibiotics and Combination of an intravenous antistaphylococcal agent is expected to have a significant growth during the forecast period of Epiglottitis Treatment market.

Epiglottitis Treatment drugs can sometimes cause depression and other side effects which limits the growth of Epiglottitis Treatment market. Lack of access to healthcare facilities, affordability constraints and lack of market penetration of approved drugs are the primary restraints of the Epiglottitis Treatment markets.

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Epiglottitis Treatment Market: Overview 

Globally increasing prevalence of the disease expected to contribute to Epiglottitis Treatment market significantly. The global Epiglottitis Treatment market by Drug type is expected to be dominated by third generation antibiotics and

Combination of an intravenous antistaphylococcal agent. By distribution channel, Epiglottitis Treatment market is expected to be dominated by retail pharmacies. The manufacturers in the Epiglottitis Treatment market are highly focusing on the development of a new formulation for the Epiglottitis Treatment.

Epiglottitis Treatment Market: Regional Outlook 

The global Epiglottitis Treatment market is expected to be dominated by North America due to higher adoption and number of the customer using Epiglottitis Treatment and also awareness regarding Epiglottitis disease. Europe is expected to be the second most lucrative epiglottitis treatment market due to the growing number of men and also women suffering from Epiglottitis disease.

Presence of one of the fastest growing economies such as India and China further expected to drive the growth of Epiglottitis Treatment market in the APAC region. Latin America Epiglottitis Treatment market is expected to witness steady growth due to increased diagnosis of the condition in the region.

The Middle East and Africa Epiglottitis Treatment is expected to be the least lucrative market due to low treatment seeking rate, low product penetration, and low diagnosis rate. Overall, global Epiglottitis Treatment market expected to witness significant growth due to increasing penetration of products and diagnosis.

Epiglottitis Treatment Market: Key Players 

Examples of some of the market participants in the global Epiglottitis Treatment market identified are Abbott, Merck & Co., Inc, AstraZeneca, Boehringer Ingelheim International GmbH, Pfizer Inc., Sanofi, Teva Pharmaceutical Industries Ltd, GlaxoSmithKline plc, Johnson & Johnson, Roche Holding AG, and 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. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Epiglottitis Treatment Market: Segmentation 

Global Epiglottitis Treatment market is segmented on the basis of Drug, Route of administration, by Distribution Channel and by region

Based on the Drug, Epiglottitis Treatment market is segmented as: 

• Broad-spectrum antibiotic
• Targeted antibiotic
• Steroid medication

Based on the Route of administration, Epiglottitis Treatment market is segmented as: 

• Oral
• Parental

Based on the end user Epiglottitis Treatment market is segmented as: 

• Hospitals Pharmacies

• Retail Pharmacies
• Drug Stores
• Clinics
• Online Pharmacies

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

1. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Investment Feasibility Matrix

3.5. PESTLE and Porter’s Analysis

3.6. Regulatory Landscape

3.6.1. By Key Regions

3.6.2. By Key Countries

3.7. Regional Parent Market Outlook

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1. Global Epiglottitis Treatment Market Analysis 2017-2021 and Forecast, 2022-2032

4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021

4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

1. Global Epiglottitis Treatment Market Analysis 2017-2021 and Forecast 2022-2032, By Drug

5.1. Introduction / Key Findings

5.2. Historical Market Size Value (US$ Mn) Analysis By Drug, 2017-2021

5.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Drug, 2022-2032

5.3.1. Broad-spectrum Antibiotic

5.3.2. Targeted Antibiotic

5.3.3. Steroid Medication

5.4. Y-o-Y Growth Trend Analysis By Drug, 2017-2021

5.5. Absolute $ Opportunity Analysis By Drug, 2022-2032

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Digital economy is continuously evolving and this impacts almost every business, seeking some attention at traditional fraud management processes. Enterprises today must have all-rounded understanding of fraud as customers engage with enterprises across multiple channels using a variety of mobile devices.

Fraud detection guards customer and enterprise assets, accounts, information, transactions and deals through the real-time, analysis of activities by customers and other distinct predefined entities. It uses background server-based processes which inspect users’ and other distinct defined entities’ accessibility and conduct patterns, and associates this evidence to a single summary of what’s required for decision making.

Detecting a fraud is not intrusive to a user unless the user’s activity is suspected. Anti-fraud management systems use hybrid models of advanced analytics techniques and rule based complete approach encompassing the wide range of fraud-detection techniques. Anti-fraud management systems effectively fights fraud, by detecting the issue, analyzing it and offering support to make instant decisions.

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Global Anti-Fraud Management System Market: Drivers and Challenges

Increasing cyber-attacks and dynamic frauds hitting multiple channels and products is enabling adoption of various anti-fraud management systems among the enterprises. Digitization and advancement in technology is enabling organizations to shift towards a more efficient ways of delivering their solution and services. This factor is expected to positively impact the growth of global anti-fraud management systems.

Complexity in integration of anti-fraud management systems and government regulation and standardization are among the factors that restrict the growth of anti-fraud management system worldwide.

Global Anti-Fraud Management System Market: Segmentation

Global Anti-Fraud Management System Market can be segmented into solution, application type, and end-user, vertical.

On the basis of solution, global anti-fraud management system market can be segmented into fraud detection, fraud analysis and decision support.

On the basis of application type, global anti-fraud management system market can be segmented into electronic payment, insurance claims, others.

On the basis of end-user, global anti-fraud management system market can be segmented into small enterprises, medium enterprises and large enterprises.

On the basis of vertical, global anti-fraud management system market can be segmented into BFSI, retail, IT & telecommunication, government/public sector, healthcare, real estate, energy and power, manufacturing, travel and transportation, media and entertainment, others

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Global Anti-Fraud Management System Market: Regional Outlook

On the basis of regions, global Anti-Fraud Management System Market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.

North America is likely to continue its leading position over the forecast period. The growth of this regional market is largely fuelled by easy adoption and better disposable income among the population. As majority of the key players have their head offices in the U.S. and this regions is among the most technologically advanced regions, this regions is expected to continue its leading position during the forecast period.

The continuous penetration of consumer electronics is among the key factors for the healthy pace of growth of the Asia Pacific anti-fraud management systems market which has the highest potential during the forecast period. Western Europe market holds a notable share in the global anti-fraud management system market as it is home to several other key vendors for anti-fraud management system.

Global Anti-Fraud Management System Market: Competition Landscape

Some of the key players for anti-fraud management system market are IBM Corporation, SAP SE, Oracle Corporation, Capgemini, Fair Isaac Corporation (FICO), SAS Institute, Inc., Computer Sciences Corporation (CSC), BAE Systems Inc., ACI Worldwide Inc., Fiserv Inc., Threatmetrix and among others

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