IVD Antibodies Market size is projected to grow at a healthy CAGR of around 7% from 2022 and 2032

[250 Pages Report] The global IVD antibodies market is expected to grow at a healthy CAGR of around 7% between 2022 and 2032, reaching a valuation of nearly US$ 77 billion by 2027. The rising prevalence of chronic and infectious diseases worldwide, as well as the increasing need for early diagnosis of chronic diseases in order to initiate proper treatment, are driving demand for IVD antibodies.

Report Attribute Details
IVD Antibodies Market Estimated Growth Rate (2022-2032) 7% CAGR
IVD Antibodies Market Projected Size (2027) US$ 77 Bn

In vitro diagnostics tests are used in laboratories, healthcare settings or directly by consumers at home for the detection of various diseases, infections and other medical conditions. Various companies in the IVD antibodies market are focusing on mergers and acquisitions with regional players. For example, in Sep. 2018, Summa Equity AB acquired Turku-based HyTest Ltd. whose regional presence in the U.S. and Asia is good. Continuously evolving nature of IVD antibodies market further expected to get maximum traction. Superior capability of the IVD antibodies to detect complex diseases such as cancer and use of IVD antibodies in therapeutic monitoring, evaluating blood safety before transfusion further makes it preferred choice of diagnosis test.

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IVD Antibodies Market: Drivers and Restraints
Increasing incidence of chronic diseases such as HIV, hepatitis, cancer, cardiovascular diseases, etc. expected to drive the growth of IVD antibodies market. Incidence of cancer and cardiovascular diseases is increasing rapidly and hence aging population of world further expected to drive the growth of IVD antibodies market. The ease of use of IVD antibodies for the diagnosis at laboratories, hospitals or even at home further increases patient compliance and makes IVD antibodies preferred choice.

The IVD antibodies market is further driven by increasing research and development funding which in turn improving the outcome of diagnostic tests as well as manufacturing of high end quality IVD antibodies for assays. Manufacturers in the IVD antibodies market are focusing on mergers, acquisitions, collaborations and agreements such as Sebia Inc. one of the major IVD manufacturing company signed an agreement with Janssen Biotech to develop multiple myeloma IVD test. Whereas, low product penetration and higher cost of the IVD antibodies may hamper the potential growth of the market. Although manufacturers are focusing on developing novel IVD antibodies for diagnosis of different diseases but time consuming nature of research and development and tedious product approval process may hamper the growth of market.

IVD Antibodies Market: Overview

The global IVD antibodies market is majorly driven by the increasing chronic disease incidence as well as increasing product penetration in the low and middle income countries. By product type, IVD antibodies market is expected to be dominated by the tumor markers due to high adoption for the diagnosis of malignancies. By the application, the IVD antibodies market is dominated by the cancer due to high number of diagnostic procedures. By end user, IVD antibodies market is dominated by the diagnostic laboratories due to high patient footfall for the disease diagnosis. The increasing R & D expenditure by leading biopharmaceutical companies for the development and evaluation of IVD antibodies for different diagnosis of various diseases expected to impact the market significantly.

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IVD Antibodies Market: Regional Outlook

The global IVD antibodies market is dominated by North America due to higher product penetration. Europe is expected to be the second most lucrative IVD antibodies market due to higher number of diagnostic procedure and favorable reimbursement scenario. Latin America is expected to experience steady market growth due to increasing IVD antibodies adoption for the diagnostic procedures. Asia-Pacific is emerging market in IVD antibodies due to rapidly increasing product penetration, and emerging countries such India and China where healthcare infrastructure evolving rapidly. Middle East and Africa is expected to be least revenue generating IVD antibodies market due to low product penetration as well as limited availability of good healthcare infrastructure in most of the MEA region.

IVD Antibodies Market: Key Players

The key market participants operating in the IVD antibodies market are: Abcam plc., Thermo Fisher Scientific, Rockland Immunochemicals Inc., GenScript, Bio-Rad Laboratories, Inc., SDIX, LLC., Advy Chemical Pvt. Ltd., MEDICAL & BIOLOGICAL LABORATORIES CO., LTD., HyTest Ltd., Abbott and Others

The research report presents a comprehensive assessment of the IVD Antibodies 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 IVD Antibodies market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

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

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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 excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, South 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.

IVD Antibodies Market: Segmentation

The global IVD antibodies market is segmented based on the product type, application, end user and region

By product type IVD antibodies market is segmented as:

  • Cardiac Markers
  • Tumor Markers
  • Kidney Injury Markers
  • Infection and Inflammation Antibodies

By application, IVD antibodies market is segmented as:

  • Immunology
  • Cancer
  • Cardiovascular Diseases

By end user IVD antibodies market is segmented as:

  • Hospitals
  • Diagnostic Laboratories
  • Homecare settings
  • Others

Report Highlights:

  • Detailed overview of 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

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Weight Management Market is expected to exhibit a CAGR of 7.7% from 2022 to 2032.

[307 Pages Report] The global weight management market is expected to secure US$ 725.6 Billion while recording a CAGR of 7.7% during the forecast period from 2022 to 2032, according to a recently published market research report by Future Market Insights. Increasing adoption of a sedentary lifestyle is expected to drive the global weight management market.

As per the Institute of Health Metric and Evaluation, 30% of the world’s population is obese. Obese is one of the major health challenges in developed and developing countries. Also, the rising volume of bariatric surgeries and rising adoption of online weight loss & management programs are anticipated to positively influence the industry in forecast period.

Weight Management Market CAGR (2022-2032) 7.7%
Weight Management Market (2022) US$ 345.5 Billion
Weight Management Market (2032) US$ 725.6 Billion

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The growing prevalence of obesity among the expanding population is expected to propel the market expansion during the forecast period. As per the World Obesity Atlas 2022, one billion people globally, including 1 in 5 women and 1 in 7 men, will be living with obesity by 2030. This significant rise in the number of obese patients is anticipated to drive demand for an efficient weight management system. Further, growing awareness about weight management and obesity among developing nations is expected to drive market growth in the coming period.

Increasing strategic collaborations of players with each other are expected to drive market growth during the forecast period. In September 2019, Currax Pharmaceutical disclosed the acquisition of Nalpropion Pharmaceuticals. This acquisition resulted in the addition of Contrave anti-obesity medication to Currax’s product portfolio. Similarly, in November 2019, Novo Nordisk collaborated with UNICEF to prevent children from obesity. Such partnerships among players are expected to benefit the industry growth during the forecast period.

Lack of awareness regarding obesity and the inability to afford premium health club memberships among developing countries are expected to impact the market negatively in the forthcoming period. As per IQVIA, only 2% of the total obese population is treated with prescribed medicines. Further, the presence of a limited number of market players is another cause hindering the expansion. However, rising disposable income and increasing awareness about the alternatives for weight loss and management can propel market growth in the forecast period.

Key Takeaways from the Market Study

  • Weight management market to secure US$ 725.6 Billion during the forecast period from 2022-to 2032.
  • By equipment, the fitness equipment segment is anticipated to expand at a CAGR of 7.6% during the forecast period.
  • The weight management market to be dominated by the U.S while garnering US$ 250 Billion by 2032
  • Weight management industry in China is expected to expand at the highest CAGR of 6.8% during the forecast period
  • Weight management market in Japan is estimated to reach US$ 41.1 Billion by 2032

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“Increasing cases of obesity and the growing health concerns among baby boomers are expected to support the market expansion in the coming time,” remarks an analyst at FMI.

Competition Analysis

Key players in the industry include Herbalife Nutrition Ltd., NutriSystem, Inc., Weight Watchers International, Inc., eDiets.com, Inc., and Brunswick Corporation. Major developments in the market are:

  • In June 2022, Herbalife Nutrition, inked a sports nutrition partnership with Notre Dame shooting guard Blake Wesley, who has been training at the Herbalife Nutrition IMPACT Basketball Center.
  • In January 2021, Herbalife Nutrition, an eminent nutrition company, announced that it had inked an agreement to repurchase approximately US$ 600 million of the Company’s common share beneficially owned by Carl C. Icahn and certain of his affiliates at a price of US$ 48/05 per share.
  • In December 2020, Kainos Capital, a firm focused on specializing in managing food and consumer businesses, completed the acquisition of Nutrisystem from Tivity Health for US$ 575 Million. The private Capital Group of MSD Partners, LP partnered with Kainos Capital in the transaction in form of preferred and common equity investment.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global weight management market, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of Diet (Meals, Beverages, Supplements), Equipment (Fitness Equipment, Surgical Equipment), Services (Fitness Centers, Slimming Centers, Consultation Services, Online Weight Loss Services), & Region(North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).

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About the Healthcare Division at Future Market Insights

The healthcare 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.

Key Segments Profiled in the Global Weight Management Market Report

Global Weight Management Market by Diet:

  • Weight Management Meals
  • Weight Management Beverages
  • Weight Management Supplements

Global Weight Management Market by Equipment:

  • Weight Management Fitness Equipment
  • Weight Management Surgical Equipment

Global Weight Management Market by Services:

  • Weight Management across Fitness Centers
  • Weight Management across Slimming Centers
  • Weight Management Consultation Services
  • Weight Management through Online Weight Loss Services

Explore FMI’s Extensive ongoing Coverage on Healthcare Domain

https://www.marketwatch.com/press-release/epharmacy-market-will-generate-booming-growth-opportunities-to-2032-2022-09-09?mod=search_headline

https://www.theexpresswire.com/pressrelease/ePharmacy-Market-Will-Generate-Booming-Growth-Opportunities-to-2032_17550946

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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Industrial Coupling Market Sales Analysis & Opportunities Report to 2027

The Industrial couplings are used to connect the rotating parts of a machine in the industry. A coupling is used to connect the drive shaft of a power source to a shaft on a driven machinery or a piece of driven machinery. The drive shaft of a power source can be an electric motor or a diesel engine, and the shaft on a piece of driven machinery can be a pump or an electric generator.

The driving purpose of an industrial coupling is to transfer rotational motion at maximum efficiency from one shaft to another shaft. Industrial couplings are also used to perform different additional functions like providing various ways as a means for disconnecting the driver engine or motor from the driven equipment or a pump.

The Industrial couplings and shafts are made correctly aligned which helps to ensure the functions of equipment correctly. If the shafts are not made to align properly, the equipment may fail to work or can damage, and the life of the equipment and its availability will be fully reduced. Industrial couplings are also used to allow relative axial motion at an angle or reduce the vibration transfer from one machine component to another or fully eliminate it and allow small amounts of misalignment in the equipment.

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Industrial couplings Market: Overview

Industrial couplings have a very high demand in the automobile and chemical industry. The automobile industry has numerous equipment’s of the vehicle to be tested and connected with the support of a trough which is performed through Industrial couplings.

Moreover, the chemical industry where the different processes such as mixture, lime filtering, etc. are done and the fluid is to be shifted from one vessel to another passing through various processes and is connected with the support of an Industrial couplings.

Also, Industrial couplings have a wide array of the industrial application includes natural gas industry, chemical industry, oil industry, and water treatment companies. Additionally, the market has register rise in acceptance for coupling in the gas pipe construction industry.

However, deteriorating exports and increasing cost of labor are major factors accountable for adaptation of the Industrial couplings market across the globe. Recently, industries are focusing mainly on the enhancement of energy efficiency which leads to high demand for Industrial couplings in the near future.

Furthermore, strategic expansions relating to the coupling market in Nigeria, Indonesia, Mexico, and Turkey are likely to offer significant growth opportunities. However, Industrial couplings product technology has developed, and consequently, customers pursue value additions as a major purchase standard for Industrial co couplings.

Also, lack of advanced Industrial couplings application potentials of is hampering the Industrial couplings market growth. The coupling industry has observed advancement and innovations in product based technology. Most of the industries are developing Industrial couplings that involve fewer space, use of low weight resources with advanced indolence qualities for manufacturing Industrial couplings.

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Industrial couplings Market: Regional Segmentation

Geographically, the global CNC Controller market is designed for seven regions namely, North America, Western Europe, Asia Pacific except Japan (APEJ), Eastern Europe, Latin America, the Middle East & Africa and Japan. The demand and growth of the Industrial couplings market in developed regions is expected to register a steady growth over the estimates period.

The delimited capital expenditures through numerous end user industry verticals such as oil and gas and manufacturing industry, has significantly inhibited the growth of Industrial couplings market. However, the increasing demand in developing nations such as China, Brazil, India, Russia and the Eastern European countries is predicted to increase Industrial couplings market demand.

This is due to the fact that, these countries have become the global centers of the manufacturing industry. The material handling segment and the mining industry in MEA are also predicted among growing regions for Industrial couplings in coming years.

Industrial Couplings Market: Key Players

  • Altra Industrial Motion Corp.
  • Colossus
  • Daido Precision Industries Ltd.
  • Emerson Electric Co.
  • Dandong Colossus Group Co., Ltd.
  • John Crane Ltd.
  • Siemens AG
  • Baldor Electric
  • Industrial Clutch Parts Ltd.
  • KTR Kupplungstechnik GmbH, Chr
  • Tsubakimoto Chain

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Industrial couplings Market: Segmentation

The global Industrial couplings market is segmented by type, application, and by geography.

Based on the type couplings Market is segmented into:

  • Flexible Elastic Coupling
  • Rigid Coupling
  • Flange Coupling
  • Torsionally-Rigid Flexible Coupling

Based on the application type Industrial couplings Market is segmented into

  • Automotive
  • Medical Equipment
  • Engine
  • Aerospace
  • 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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Blind & Shades Market Is Estimated at US$ 14.2 Bn in 2022 And Is Projected to Expand at A CAGR of 4.4% During The Forecast Period

The global blind & shades market is expected to surpass a valuation of US$ 14.2 Bn in 2022 and at a CAGR of approximately 4.4% through 2029.Customer’s increasing surge for personalized control on the management of the light and air, is encouraging manufacturers to launch innovative blind & shades in the market with their increasing focus on fully automated products.

Furthermore, smart-phone-enabled operations for blinds and shades are creating new potential for the global market. Furthermore, the development of blinds that are coupled with voice recognition technology is changing home décor industry trends, which is favourably influencing the worldwide blind and shade market’s value growth.

IKEA, for example, has created remote-controlled blinds that include speech recognition and a smart lighting kit. These automatic blinds can be operated with a smartphone for a more personalised experience, and they’re compatible with AI-enabled virtual assistants like Alexa and Google Assistant.

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Moreover, in the blinds and shades market, manufacturers have the option of producing eco-friendly blind and shades. In the current market, only a few companies are creating eco-friendly blind and shades, which opens up potential for other businesses to invest in sustainable interior décor items.

Growing consumer knowledge of sustainable or eco-friendly products is expected to influence their purchasing decisions. As a result, the market in developed nations with strong consumer awareness has the potential to grow.

Key Takeaways from the Blind & Shades Market Study

  • Smart windows are leaping the sales of blind & shades due to growing innovations such as windows controlled by a click of a button using rechargeable batteries and voice-activated window coverings.
  • The U.S. is expected to register a CAGR of 2.2% in North America due to increasing trend of customized blind & shades as well as smartphone controlled blind & shades.
  • Blinds and shades made of natural fibers is witnessing a significant growth in the global market. The customer’s awareness for their health and for environment is significantly supporting sales of natural blinds and shades.
  • East & South Asia would remain the prominent region in the global blinds & shades market owing to rapid expansion of residential sector. E-commerce expansion will also be pivotal in accelerating the market build-up in this region.

“Adoption of omnichannel sales strategy by manufacturers and growing customer inclination towards natural material-based blinds & shades are expected to offer significant market growth opportunities.” says an FMI analyst.

 Impact of COVID-19 on the Market

The COVID-19 pandemic had a significant influence on the world economy at numerous levels, and this impact was felt to a large extent in the construction industry. The COVID-19 pandemic issue also had an impact on the blind and shade market, which saw a significant drop in demand in 2020.

The COVID-19 outbreak affected the supply and delivery of construction materials, causing governments to enact lockdown. The transfer of activities in operations and vendor operations impacted the manufacturing. The blind and shade production process has become a headache for enterprises due to limited labour availability, disrupted raw material supply, and logistical challenges.

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Who is winning?

Leading manufacturers of blind & shades are focused on aggressive promotional strategies and advertisements that have driven sales growth of Blind & Shades globally.

Major players present in the blind & shades market are Ching Feng Home Fashions Co., Ltd., Griesser AG Electrocomponents PLC, Hunter Douglas NV, Lafayette Venetian Blind Inc., Legrand, Lutron Electronics Company, Mechoshade Systems LLC, Nien Made Enterprise Co. Ltd., Persianas Canet S.A, Qmotion Shades, Schenker Storen AG, Solarfective Products Limited, Springs Window Fashions LLC, TOSO CO. LTD. among others.

Global Blind & Shades Market by Category

By Product Type:

  • Roller Shades
  • Vertical Shades/Blinds
  • Panel Blinds
  • Roman Shades/Blinds
  • Venetian Blinds
  • Pleated Shades
  • Others (Mini Blinds, Micro Blinds, etc.)

By Fabric:

  • Natural Blind & Shades
  • Synthetic Blind & Shades

By Mode of Operation:

  • Manual Blind & Shades
  • Automatic Blind & Shades

By Application:

  • Residential
  • Commercial

By Distribution Channel:

  • Online
    • Company Owned Portal
    • Ecommerce Portal
  • Offline
    • Hypermarket
    • Specialty Stores
    • Departmental Stores
    • Others

By Region:

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

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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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Contact Lenses Market Is Estimated at USD 9.1 Billion in 2022 And Is Projected to Reach USD 12.5 Billion by 2029

The global contact lenses market  is set to reach US$ 12.5 Bn in terms of revenues by the end of 2029. A new Future Market Insights (FMI) study reveals that the contact lenses market will see a moderate CAGR over 2029. Soft contact lenses are the most prescribed contact lenses, while toric lens designs are significantly gaining popularity over the recent past. The latter are gaining traction attributing to their properties to correct mixed astigmatism.

Moreover, these lenses are fashionable, serve various purposes owing to their anti-radiation (block UV rays) properties, and abilities to filter dim lights and work on miniature components. Demand for silicone hydrogel contact lenses is also on a constant rise, as they reduce the risk of hypoxia related eye problems.

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List Of Key Players Covered in Contact Lenses Market are:

  • CooperVision, Inc.
  • Johnson & Johnson Vision Care, Inc.
  • Hoya Vision Care Company
  • Alcon (Division of Novartis AG)
  • Bausch & Lomb Incorporated
  • BenQ Materials Corporation
  • ZEISS International
  • SEED Co. Ltd.
  • Essilor International S.A.
  • Menicon Co. Ltd.

Key Takeaways – Contact Lenses Market

  • North America is expected to retain its dominant position in the global contact lenses market due to high adoption of contact lenses, high demand for branded products, and frequent new product launches, coupled with significant presence of prominent players in the region.
  • Soft lenses continue to be top selling, making up nearly 80% of overall sales in the contact lenses market. These lenses are widely prescribed by doctors, user-friendly, and easier to adjust as compared to hard contact lenses.
  • Increasing usage of therapeutic (drug-eluting) contact lenses for ophthalmic drug delivery is creating a massive window of opportunity in the global contact lenses market. These lenses would be garnering interests with their unique advantages such as extended wear and high bioavailability.

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Growing prevalence of myopia among young children and elderly demographic will continue to create significant opportunities for prominent players in the contact lenses market. Daily wear soft contact lenses made of flexible plastic that enables oxygen to pass through the eyes are gathering traction in market. Besides such innovations, online sales will help manufacturers reap sizeable profits in the global market.

Smart Contact Lenses Gaining Traction

Contact lens companies have been introducing novel products in the market, attributable to R&D advancements. Smart contact lenses represent one such innovation that continues to gain popularity worldwide. These lenses do not require surgery and can be inserted or removed by users. Researchers from the Harbin Institute of Technology in China and the University of California San Diego are developing innovative biomimetic smart soft contact lenses that users can zoom in and out by simply blinking.

Know More About Contact Lenses Market Report

Future Market Insights, in its new offering, provides an analysis of the global contact lenses market, presenting historical demand data (2014-2021) and forecast statistics for the period of 2022-2029. The report on the global contact lenses market reveals compelling insights on the basis of product type (soft lenses [daily wear and extended wear] and gas permeable), design type (spherical, toric, multifocal, and others), wear type (disposable and reusable), and sales channel (online [e-Commerce portal and company owned portal] and offline [exclusive stores and multiband stores]), across seven major regions.

Detailed Table of Content:

  • Executive Summary
    • Global Market Outlook
    • Summary of Key Statistics
    • Summary of Key Findings
    • Product Evolution Analysis
    • Analysis and Recommendations
  • Market Overview
    • Market Taxonomy
    • Market Definition
  • Key Market Trends
    • Key Trends Impacting the Market
    • Product Innovation Trends
    • Evolution of Eyewear Industry
    • Future Prospects of Eyewear Industry
      • Factors Fuelling Growth
      • Influx of Brands
      • Innovative Distribution & Marketing Strategies
  • The Massive Impact of the Crisis
    • Covid-19 The Situation Now
    • Countries in action: How have countries been responding?
    • The Economic Impact of the COVID-19 Outbreak on Developing Asia
    • Impact of COVID-19 on the Gross Domestic Product of Selected Economies
    • Current Economic Projection – GDP/GVA and probable impact
    • Comparison of SAARs and market recovery, comparison to 2008 financial crisis and market recovery and forecast comparison for recovery of COVID 19
    • Impact of Covid-19 on Manufacturing Industry
    • Coronavirus Impact on The World of Work
    • Projected Recovery for Hardest Hit Sectors
  • Brand Mapping Analysis 
    • Price v/s Product
    • Value for Money
    • Top of Mind Contact Lenses Brands
    • Brand Portfolio-by Key Players
    • Brand Loyalty Mapping
    • Usage Pattern Overview
    • Branded vs Unbranded-Market

TOC Continued…!

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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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Hemostatic Gels Market to Grow at a 6.8% CAGR through 2032

As per Future Market Insights’ latest analysis, the global hemostatic gels market is estimated to reach a valuation of US$ 1 Bn in 2022, with sales projected to grow at a 6.8% CAGR over the forecast period. Against this backdrop, the market size will surpass US$ 1.9 Bn by 2032.

Increasing adoption of hemostatic gels during surgical procedures for blood loss management is spurring demand for effective hemostatic gels. Furthermore, rising prevalence of chronic diseases is necessitating the adoption of these gels. According to the Centers for Disease Control and Prevention (CDC), more than 45% of the population in the U.S. suffers from at least one chronic disease that requires surgical procedures.

Globally, around 2,000,000 people die from hemorrhage each year, out of which approximately 1,500,000 deaths are due to trauma injuries. Similarly, every year almost 60,000 people die in the U.S. due to hemorrhaging and blood loss. These figures indicate the need for hemostatic gels during surgical procedures to improve clinical outcomes.

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Key Takeaways:

  • Based on product type, sales of porcine-based hemostatic gels are expected to grow at a 5.7% CAGR through 2032.
  • In terms of indication, the cardiovascular surgery segment is expected to account for 33.1% of the total market share over the assessment period.
  • By end user, demand for hemostatic gels across hospitals will increase at a 5.4% CAGR during the forecast period.
  • The U.S. dominated the North America hemostatic gels market in 2021, holding 82% of the total market share.
  • Demand for hemostatic gels in India is forecast to grow at a 7.4% CAGR over the assessment period.
  • Sales in the U.K. hemostatic gels market are expected to increase at a 7.1% CAGR through 2032.
  • China will emerge as a lucrative pocket, with demand growing at an 8% CAGR over the forecast period.

“Rising adoption of effective hemostatic gels across various industries for the protection of the workforce is expected to fuel demand in the market. In addition to this, rising awareness regarding the usage of hemostatic gels for blood loss management across emerging economies will augment the growth in the market,” says an FMI analyst

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Competition Landscape

Key players operating in the hemostatic gels market are adopting strategies such as product launches, mergers & acquisitions, joint ventures, and R&D activities to improve their global presence. For instance:

  • In 2019, Baxter International, Inc. introduced Floseal Hemostatic Matrix, its new hemostatic agent. Floseal Hemostatic Matrix U.S.FDA approved and is used to stop bleeding during surgical procedures.
  • In 2021, Medcura, Inc. together with ASO LLC launched Rapid-Seal, a new class of antibacterial hemostatic gel. This product meets the market demand for a transparent gel that will be easily applied during surgeries.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the hemostatic gels market in its latest study, presenting a historical demand assessment of 2017 – 2021 and projections for 2022 – 2032.

Key Market Segments Covered In Hemostatic Gels Industry Research

By Material:

  • Bovine-Based
  • Porcine-Based
  • Polymer-Based

By Indication:

  • General Surgery
  • Dental Surgery
  • Veterinary Surgery
  • Cardiovascular Surgery
  • Orthopaedic Surgery
  • Others

By End-User:

  • Hospitals
  • Speciality Clinics
  • Veterinary Settings
  • Ambulatory Surgical Centers
  • Online Sales

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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. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusions and Exclusions

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Development and Innovation Trends

4. Key Success Factors

Full TOC click Here

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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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Paediatric Spasticity Treatment Market is likely to register a CAGR of 10% from 2022-2032

[324 Pages Report] During the forecast period, the paediatric spasticity treatment market is expected to grow at a CAGR of 10%. Rising demand for combination products such as benzodiazepines, imidazole, and gamma-aminobutyric acid analogues is driving the global paediatric spasticity treatment market. Furthermore, demand for paediatric spasticity treatment is increasing as a result of increased awareness and investment in research and development.

Paediatric Spasticity Treatment: Market Insights
Paediatric Spasticity results due to damage of portion of brain or spinal cord which controls the voluntary movement. When paediatric spasticity occurs due to injury or disease, nerve signals do not reach muscles and continuously contract which causes stiffness and tightness which interfere with movement and speech. Several drugs are available to treat the Paediatric Spasticity, drugs are injected into the affected nerve or the muscle. Physical therapy used to increase strength, improve muscle mobility and muscle coordination, use of braces, and electrical stimulation. Oral medication for treatment of paediatric spasticity is considered when spasticity symptoms gets adverse and start affecting daily muscle functioning. According to estimates from CDC’s Autism and Developmental Disabilities Monitoring (ADDM) Network, about 1 in 323 children has been identified with Cerebral Palsy and most (77.4%) of the children identified with CP had spastic CP.Request Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-9408

Paediatric Spasticity Treatment: Market Dynamics

Increasing awareness, growing research and development for drug development drive the market of paediatric spasticity treatment in the near future. Changing lifestyle, developing new and innovative technology, improving healthcare infrastructure is expected to fuel the paediatric spasticity treatment market in the forecast period. Launch of novel therapeutics and growing per capita income in the emerging economies such as China, Brazil is further drive the paediatric spasticity treatment market.

Despite many factors which drive the global market for paediatric spasticity treatment, various factor which might hinder the growth of paediatric spasticity treatment market include high cost of treatment and low awareness in under developed and developing countries and rigorous regulations for the approval of drug.

Paediatric Spasticity Treatment: Overview

Advancement and development of new therapeutic treatment and growing clinical trials for the paediatric spasticity treatment creates huge opportunity for the paediatric spasticity treatment market to grow in the forecast period. Collaboration and partnership among major players for developing new drugs, increasing funding for the research will drive the market of paediatric spasticity treatment in near future. For instance, in august 2016, FDA Approved Ipsen’s Dysport (abobotulinumtoxina) injection for the treatment of lower limb spasticity in children aged two and older.

Paediatric Spasticity Treatment: Region-wise Outlook

The North America is expected to contribute to a major share in the global paediatric spasticity treatment, owing to increasing population, increasing number of screening procedures, presence of major manufacturers and growing clinical trials. Well-developed healthcare facilities and government funding for drug development further drive the market for paediatric spasticity treatment. Europe contributes for the second largest share with significant growth in the global paediatric spasticity treatment market owing to technological advancement in the treatment coupled with growing adoption of new treatment. Asia Pacific market is primarily driven by the factors such as growing prevalence, increasing population, growing awareness of new treatment options. China is expected to register rapid growth in the paediatric spasticity treatment market, due to large patient pool, availability of new drugs for the paediatric spasticity treatment. Latin America and Middle East & Africa are projected to show sluggish growth in paediatric spasticity treatment market, due to less awareness, lack of adequate healthcare facilities and less developed infrastructure.

Pediatric Spasticity Treatment: Key Players

Some of the key players present in the global pediatric spasticity treatment market are Allergan plc, Ipsen Biopharmaceuticals, Inc., Almirall, S.A, Piramal Critical Care, Inc., Genentech, Inc, Sanofi, Saol Therapeutics, US WorldMeds, LLC among others.

The report covers exhaustive analysis on,

  • Pediatric Spasticity Treatment Market Segments
  • Pediatric Spasticity Treatment Market Dynamics
  • Historical Actual Market Size, 2012 – 2016
  • Pediatric Spasticity Treatment Market Size & Forecast 2016 to 2024
  • Pediatric Spasticity Treatment Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Pediatric Spasticity Treatment Market Drivers and Restraints

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Regional analysis includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific Excluding China
  • China
  • Middle East & Africa
Pediatric Spasticity Treatment: Segmentation

The global Pediatric Spasticity Treatment market is segmented on basis of drug type, distribution channel and geography.

Segmentation by Drug Type

  • Baclofen or Muscle Relaxants
  • Botox
  • Intrathecal Baclofen
  • Clonazepam
  • Diazepam
  • Tizanidine
  • Others

Segmentation by Route Of Administration

  • Oral
  • Injectable

Segmentation by Distribution Channel

  • Hospitals Pharmacies
  • Drug Stores
  • Retail Pharmacies
  • Mail Order Pharmacies

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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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Dental Chairs Market is expected to reach US$ 851 Million by 2032

[250 Pages Report] The global dental chair market is valued at US$ 516.5 Mn in 2022 and is expected to reach US$ 851 Mn by 2032, expanding at a CAGR of 5.1% between 2022 and 2032. According to Future Market Insights, a market research and competitive intelligence provider, global dental chair sales has increased at a CAGR of 4.9% over the last half-decade.

The improvement of technology has led in an increase in the adoption rate of dental chairs. The modern dental chair has unrivaled characteristics that assist both the dental expert and the patient in operating and remaining calm during the operation. Recently, dual-position touchpad controls have been installed on both sides of the top backrest for convenience of access. There is an option to add a unit-mounted touchpad, wireless foot control, and distant wireless touchpad to the twin touchpad controls. Advanced features are expected to drive further demand for dental chairs.

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Market growth is expected to be boosted by oral health diseases. The oral illness affects roughly 3.5 Bn people worldwide, according to the Global Burden of Disease Study, with caries of permanent teeth being the most frequent. Caries of permanent teeth affect an estimated 2.3 Bn individuals worldwide, whereas caries of primary teeth affect more than 530 Mn children. The rising frequency of oral problems is expected to raise the demand for dental examination and treatment chairs.

Key Takeaways from Market Study

Global dental chairs market is expected to witness an absolute dollar opportunity of US$ 334.6 Mn between 2022 and 2032 Among key types, powered dental chairs account for the largest share and revenue through this segment is projected to grow at a CAGR of 5.8% during 2022 – 2032 Among product type, revenue through ceiling mounted design of dental chairs is projected to witness a CAGR growth of 5.8% during the forecast period North America led the dental chairs sales worldwide with a share of over 35% in 2021

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Winning Strategy

Increased frequency of dental infections and periodontal diseases, surged need for dental care facilities, and dental surgical treatments, as well as technological improvements, are driving the growth of the dental chair market. However, the industry is expected to be hampered by high prices associated with modern dental chairs and worries about dental insurance payment. Emerging economies, on the other hand, are likely to provide considerable profit prospects for market participants due to developments in the healthcare industry.

Competitive Environment

The global dental chairs market is fragmented and tremendously competitive for major competitors. To retain their positions, key market actors are emphasizing the quality of their products while releasing new things more often.

Existing technology advancements, product development and launches, and public awareness campaigns all contribute to a more competitive climate. Some of the most well-known players in the global dental Chairs industry are as follows: Austin Dental Equipment Company (A-Dec, Inc.), Midmar, Craftsmaster Contour Equipment, Inc., XO CARE A/S, and Sirona are among the companies involved.

• In June 2019, A-dec, announced the launch of the A-dec 500 dental chair brand. The company’s customer base is expected to increase as a result of the launch.

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More Insights Available

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

The study reveals extensive growth in Dental Chairs Market in terms of Type (Powered Dental Chairs, Non-powered Dental Chairs), by Product Type (Ceiling Mounted Design, Mobile Independent Design, Dental Chair Mounted Design), by Application (Examination, Surgery, Orthodontics, Other Applications) across five regions (North America, Latin America, Europe, Asia Pacific and 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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China Spinal Fusion Market Key Players : Trauson, Biomet, Inc., Medtronic, Inc, Nuvasive Inc, Stryker Corporation

The China Spinal Fusion Market is expected to register a double digit growth holding the fact that there is an increasing number of surgeries due to advancement in the technologies and use of minimal invasive techniques that benefits reduced cost. The procedures are highly benefited with the investment in the new technologies and their clinical success which are gaining more and more importance in the recent days and causing the China spinal fusion market to grow.

There are several huge aspects impacting medical device technology field nowadays. A number of trends including consolidation, research and developments, and international strategies and alliances are driving the market for china spinal fusion market. The spinal fusion is one of the most common surgeries suggested for back problems. With the increasing spinal fusion surgery volumes in china due to the favorable reimbursement levels and patients’ willingness to undergo surgery with minimal invasive techniques is expected to foster the china spinal fusion market. Spinal fusion is surgical process are done to the patients suffering from a number of conditions such as deformity, scoliosis, disc disease and fracture.

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The emerging China spinal fusion market has been experiencing a phase of new product development and technological advancements due to greater demand. The manufacturing companies are raising their respective market share with aggressive marketing activities and increased R&D activities.

China Spinal Fusion Market : Drivers & Restraints

Some of the major factors subsidizing the growth of China spinal fusion market are increasing rate of aging population with spine related diseases & related injuries coupled with the rising incomes of the Chinese populace ensuring the patients’ capability to pay for the treatment. On the other hand the price sensitive population of china is very responsive to the treatment price that are anticipated to drip considerably in near future due to the increasing competition in the market.

Due to existing and upcoming advance technologies such as minimal invasive surgery and better implant materials are making it more widely accepted including the younger adult populace and thereby increasing the China spinal fusion market.

The economic growth and additional initiatives taken by the Chinese government had resulted in treatment of a large number of previously untreated spinal disease patients in China’s rural populace who are now undergoing minimally invasive spine surgery due to increased access.

Despite of being widely used procedure for curing extremely debilitating disease related to spine, and spinal deformities, such as scoliosis and kyphosis, the China spinal fusion market is facing some challenges such as reimbursement cuts and heavy government regulations, high surgery cost, risk factors involved in the surgery etc.

Due to high competition in the market, prices for bone graft substitutes and spinal implants are expected to come down in the Asia Pacific market, even when demand and expenditure on them has become greater than before, thus restraining the China spinal fusion market from growing. Some of the other growth restraining factors of the China spinal infusion market can be growing awareness for some other treatment methods such as IDET, artificial disc, posterior dynamic stabilization, disc regeneration.

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China Spinal Fusion Market: Key Players

  • Trauson,
  • Depuy Synthes Companies,
  • Biomet, Inc.,
  • Medtronic, Inc,
  • Nuvasive Inc,
  • Stryker Corporation,
  • Zimmer Holding, Inc.,
  • Orthofix International N.V,
  • B. Braun Aesculap
  • Weigao Orthopaedic Device Co., Ltd.

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.

The report covers exhaustive 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.

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China Spinal Fusion Market: Segmentation

By spine fusion device types is segmented as follows:

  • Spinal Plating Systems
  • Pedicle Screw Systems
  • Interbody Cages

By procedure, the china spinal fusion market is segmented as follows:

  • Posterior Lumbar Interbody Fusion (PLIF)
  • Anterior Lumbar Interbody Fusion (ALIF)
  • Anterior/Posterior Spinal Fusion
  • Transforaminal Lumbar Interbody Fusion (TLIF)
  • Extreme Lateral Interbody Fusion (XLIF)

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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Walkie Talkie Market Key Growth Drivers Developments Report to 2027

The Walkie Talkie is a small portable radio set, which is used for receiving and sending voice messages. The device provides direct instant contact, which is considered to be the easy and efficient way of communication that don’t evolve ringing and connecting.

Walkie Talkie Market: Drivers and Restraints

Walkie Talkie is a cheap & effective medium of communication and the walkie talkie device is convenient for short distance communication, owing to which the device is being widely adopted by various security agency, police and defence & military, thus increase in adoption of walkie talkie in various application sector is the major factor driving the growth of the walkie talkie market.

Walkie talkie devices are also used as toys for children, who are too young to use the mobile phone, therefore surge in demand for walkie talkie devices in children entertaining sector is the other factor, spurring the growth of the walkie talkie market.

On the other hand, Limited distance device reach, one sided communication approach, voice breakage and less device battery are the major factor restraining the growth of the walkie talkie market during the forecast period.

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Global Walkie Talkie Market: Regional Trend

Asia Pacific is expected to grow at the fastest CAGR for the Walkie Talkie market, owing to the expansion of retail organized sector in developing economies such as India is the major factor propelling the growth of the walkie talkie market during the forecast period.

North America is anticipated to dominate the walkie talkie market, owing to increase in adoption of walkie talkie device in security sectors. Major players such as Icom America Inc. are collaborating with other players to deliver better walkie talkie solution to police of respective region, which is considered to be the crucial factor driving the growth of the walkie talkie market during the forecast period.

Global Walkie Talkie Market: Competitive Landscape

The major player operating in Walkie Talkie market includes Motorola Solutions, Inc., JVCKENWOOD Corporation, Icom America Inc., Hytera Communications, Sepura plc, Tait Communications, Yaesu USA, Entel, Uniden, Kirisun Communications Co., and Quansheng.

  • In June 2016, Icom America Inc. partnered with a communication and service provider company, First Choice Communications to provide UHF P25 Trunked Solution to fire department and Roanoke TX Police.

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Global Walkie Talkie Market: Market Segmentation

Global Walkie Talkie Market can be divided into four segments, on the basis of Type, Technology Type, Application, and Region.

Segmentation on the basis of the type for Walkie Talkie Market as:-

  • Wearable Walkie Talkie Device
  • Handheld Walkie Talkie Device

Segmentation on the basis of the technology type for Walkie Talkie Market as:-

  • Analog Walkie Talkie
  • Digital Walkie Talkie

Segmentation on the basis of the application for Walkie Talkie Market as:-

    • Government & Police
    • Military & Defense
    • Retail & Manufacturing
    • Industrial & Commercial
    • Security Agencies
    • Others

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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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