Nerve Repair Market is expected to be valued at nearly US$ 430 Million by 2027

The global nerve repair market is expected to be worth more than US$ 145 million in 2017 and nearly US$ 430 million by 2027, growing at a CAGR of 11.3 percent over the forecast period.

Future Market Insights (FMI) in its latest report titled “Nerve Repair Market: Global Industry Analysis and Opportunity Assessment 2017-2027” identifies that ageing is one of the major factors that increases possibilities of nerve damage. Occurrence of nerve damage is medically-proven to be higher amongst aged people, hence, the rising geriatric population across the globe is fueling the demand for nerve repair products. As per the FMI report, global nerve repair market will ride at an impressive CAGR of 11.3% in terms of revenue during the forecast period (2016-2027). Moreover, increasing government initiatives to spread awareness about new nerve repair treatments and availability of advanced treatment therapies is expected to boost the growth of global nerve repair market over the next couple of years.

A damaged nerve can result in severe sensory and motor complications, which may cause severe pain as well as malfunctioning of the appendages. In these conditions, repairing of damaged nerves becomes quite imperative. Fortunately, a range of medical products is available in the market for treating damaged nerves. Nerve protectors, nerve connectors, nerve wraps and nerve grafts are amongst some of the popular products used for nerve repairing. As these products become medically more effective, their demand continues to grow.

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Nerve Repair Treatment: Market Opportunities

Currently, most of the leading medical companies that manufacture nerve repair products are mainly concentrated in developed regions such as Europe and North America. Many of the developing countries including Mexico, India, Indonesia and few other countries from the Middle East are yet to witness widespread penetration of the nerve repair biomaterial products. The scope of promoting the products in such emerging markets would definitely bring in lucrative business opportunities for medical companies. Therefore, tapping emerging markets is likely to create opportunities for growth in term of sales of nerve repair products. Some of the leading medical companies are focusing on aspects such as training of physicians and marketing of their products in these developing regions. Axogen, Inc., Baxter International Inc., Stryker Corporation, Integra Lifesciences, Holdings Corp, Neurotex, Ltd. and Polyganics B.V. are some leading medical companies partaking in the growth of global nerve repairing market.

North America Nerve Repair Market to Maintain its Speedy Growth

In 2016, the nerve repair market in North America captured more than 40% share in terms of revenue. The expanding base of geriatric population and rising demand for advanced medical technology in the U.S. continues to create new market opportunities for manufacturers of nerve repair products in the region. Meanwhile, demand for nerve repair products in Japan has been overwhelmingly high in recent years and similar trends are expected to continue throughout the forecast period. In addition, nerve repair market in Japan is expected to expand at an impressive CAGR of 10.8% over the forecast period owing to increasing healthcare awareness and demand for advanced medical technology.

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Additional Highlights of the Report Include:

  • Nerve graft is the most popular nerve repairing product type and is estimated to account for around 40.3% revenue share of the global market by 2017-end.
  • Repairing of epineural nerves is expected to remain the highest amongst all the types of nerve repair. Towards the end of the assessment period, revenue from epineural nerve repairing is estimated to reach US$ 290.3 Mn.
  • Hospitals will remain as the largest end user of nerve repair products and are projected to account for over 61% value share of the market by end of 2027.

Market Taxonomy

Nerve Repair Type

  • Epineural Nerve Repair
  • Perineural Nerve Repair
  • Fascicular Nerve Repair

Product Type

  • Nerve Wraps
  • Nerve Protectors
  • Nerve Connectors
  • Nerve Grafts

End User

  • Hospitals
  • Ambulatory Surgical Centres
  • Speciality Clinics

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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 Vaccine Market is projected to reach a value of US$ 13.49 Billion by 2026

According to a new report published by Future Market Insights titled “Paediatric Vaccine Market: Global Industry Analysis & Opportunity Assessment, 2016 – 2026”, in terms of revenue, the global paediatric vaccine market is expected to increase at 12.2% CAGR during the forecast period 2016-2026. The global paediatric vaccine market is expected to reach US$ 27.97 Bn in 2016.

Paediatric vaccine market is a billion dollar market accounting for a substantial proportion of healthcare expenditure in the recent times. The paediatric vaccine market is segmented according to indication, technology and vaccine type. According to the indication, the paediatric vaccine market is sub segmented into pneumococcal, DTP, rotavirus, influenza, meningococcal, hepatitis B, Hib, MMR and polio. According to technology the market is further segmented into live or attenuated, inactivated or killed, toxoid, conjugate, subunit and recombinant vaccines. By vaccine type, the global paediatric vaccine market is segmented into monovalent and multivalent vaccines.

A slew of routine immunisation initiatives rolled out by the government and private agencies has broadened the market for the paediatric vaccines. A new wave of funds pumped into the market by different government and private players to cork the rise of the child deaths across the globe has also opened a new window of opportunity for the paediatric vaccine market. As per the report of WHO (World Health Organization), the global spending on immunisation soared from US$21.4 to US$26.9 per infant in 2014. The massive economic boom in some regions of the world is expediting the growth of the paediatric vaccine market.

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Segmentation analysis

  • By indication, pneumococcal segment accounted for higher revenue share in global paediatric vaccines as compared to other product segments. The pneumococcal segment is expected to reach a value of US$ 31.58 Bn by 2026, reflecting a CAGR of 14.4% over the forecast period. The growth of pneumococcal segment is attributed to the increasing incidence of infectious diseases.
  • In terms of revenue, Hib vaccine segment is the second most growing segment and is expected to reach a value of US$ 13.49 Bn by 2026, growing at a CAGR of 13.4%. Hepatitis B and meningococcal segment are expected to show double-digit CAGR growth in the forecast period contributing to the growth of global paediatric vaccine market.
  • By technology, conjugate segment accounted for highest revenue share in global paediatric vaccine market as compared to live or attenuated segment. The conjugate segment is expected to reach a value of US$ 32.09 Bn by 2026, reflecting a CAGR of 14.8% over the forecast period. This is expected to be closely followed by the growth of pneumococcal and meningococcal vaccines in this segment
  • By end user, institutional health centres account for higher demand for paediatric vaccine as compared to other end user segments such as hospital pharmacies and retail pharmacies. The strong growth in institutional health centres can be attributed to increasing government interventions in immunisation programs in order to improve vaccine coverage. Institutional health centres are expected to register highest CAGR of 13.8% over the forecast period.

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Regional analysis

By region, North America is dominating the global paediatric vaccine market due to improved healthcare infrastructure in this region. The North America paediatric vaccine market is expected to be valued at US$ 20.15 Bn by 2026 growing at a CAGR for 11.0%. In addition to North America, demand for paediatric vaccines has been significantly growing in Western Europe and APEJ. APEJ is expected to grow at a CAGR for 14.9% over the forecast period and is expected to dominate the market by 2026 by generating revenue of US$ 22.69 Bn and revenues in Western Europe are anticipated to grow by 11.2%. Middle East and Africa is expected to grow at a CAGR of 12.6% and this growth is anticipated by growth government intervention for immunisation by carrying out national level immunisation campaigns and also disease specific immunisation campaigns.

Key players in the global paediatric vaccine market include

Indian Immunologicals,

GlaaxoSmithKline Plc.,

Pfizer Inc.,

Sanofi, Merck & Co. Inc.,

Panacea Biotec,

Zydus Cadila,

Emergent BioSolutions Inc.,

Serum Institute of India Pvt. Ltd.,

Bharat Biotech.

The growth of paediatric vaccine market is attributed to the development in the research by key players in the field, for instance, in February 2016, GSK submitted US regulatory submission for expanding the indication of FLuLaval Quadrivalent, influenza vaccine, for infants more than 6 months. These developments will boost the growth of the global paediatric vaccine market.

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Market Segmentation

Region

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

Technology

  • Live or Attenuated Vaccine
  • Inactivated or Killed Vaccine
  • Toxoid Vaccine
  • Conjugate Vaccine
  • Subunit Vaccine
  • Recombinant Vector Vaccine

Indication

  • Pneumococcal Conjugate Vaccine
  • DTP Vaccine
  • Influenza
  • Meningococcal Vaccine
  • Polio Vaccine
  • Rotavirus Vaccine
  • MMR Vaccine
  • Varicella Virus Vaccine

End User

  • Hospital Pharmacies
  • Retail Pharmacies
  • Institutional Health Centres

Vaccine Type

  • Monovalent Vaccines
  • Multivalent Vaccines

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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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Oncology Information Systems Market is projected to grow to US$ 5.4 Billion by 2032

[333 Pages Report] The oncology information system market is expected to expand at a 7.8% CAGR. The oncology information system market is expected to grow from USD 2.59 billion in 2022 to USD 5.48 billion by 2032.

The increasing incidence and prevalence of cancer, as well as the growing need to reduce the cost of cancer care, are driving the oncology information system marketgrowth, as are the potential benefits offered by oncology information systems in cancer treatment, management, and planning.

Attributes Details
Oncology Information Systems Market CAGR (2022-2032) 7.8%
Oncology Information Systems Market Size (2022) USD 2.59 Billion
Oncology Information Systems Market Size (2032) USD 5.4 Billion

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The oncology information system market includes software and services used for comprehensive information and image management, which aids in the management and optimization of cancer patient profiles and treatment.

Leading oncology information system marketplayers’ sales and operating incomes have decreased as a result of COVID-19. Inventory was reduced as a result of tight production controls.

The rising incidence of cancer cases is one of the major factors driving the oncology information system marketgrowth. There are a few other factors driving the oncology information system market key trends and opportunities, such as the growing need to reduce oncology care costs and the growing adoption of oncology information system along with electronic health records (EHR) and other oncology information systems.

A major impediment to implementing OIS solutions in hospitals is a lack of qualified resources influencing the oncology information system market future trends along with oncology information system market opportunities. Currently, the demand for healthcare IT professionals outnumbers supply in both developing and developed oncology information system market, including the United States and Europe.

Asia Pacific accounted for 17.8% of the oncology information system market. The Asia Pacific oncology information system market is expanding due to several factors, including rising cancer prevalence and increased investment in the implementation of IT solutions in healthcare settings which h influences the oncology information system market adoption trends.

KEY TAKEAWAYS:

  • The oncology information system market has been divided into two segments: solutions and professional services. The solutions segment accounted for the majority of revenue i.e. 73.4%.
  • The solutions segment is further subdivided into patient information systems and treatment planning systems, with the latter accounting for the lion’s oncology information system marketshare.
  • Medical oncology accounted for the largest oncology information system marketshare of global revenue, accounting for 61.4% of total revenue.
  • In 2021, the North America regional oncology information system market had the highest oncology information system marketshare’s revenue of 38.5%.
  • The software segment accounted for 83.6% of the product and service oncology information system market.
  • Radiation oncology accounted for 53.8% of the oncology information system market.
  • Asia Pacific accounted for 17.8% of the oncology information system market.

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COMPETITIVE LANDSCAPE:

Key oncology information system marketcompanies are primarily focused on incorporating technological innovation with the introduction of web-based oncology solutions and AI-based oncology information system solutions with the goal of improving the treatment regime, which is expected to positively impact oncology information system marketgrowth in the near future.

Prominent Players :

  • Elekta AB
  • Accuray Inc.
  • Varian Medical Systems
  • RaySearch Laboratories
  • Cerner Corp.
  • BrainLab
  • Philips Healthcare
  • Prowess, Inc.
  • DOSIsoft S.A.
  • ViewRay Inc.
  • MIM Software
  • Flatiron

RECENT DEVELOPMENT:

  • Varian Medical Systems, Inc. announced a USD 10.0 million investment and a strategic collaboration agreement with COTA, Inc., a curator of clinical data in the oncology sector, in 2020.
  • Siemens Healthineers (Germany) completed the acquisition of Varian Medical System in August 2021. (UK). The goal of this acquisition was to create a one-of-a-kind, highly integrated portfolio of oncology information system workflow.
  • Koninklijke Philips N.V. (The Netherlands) and Elekta (Sweden) will collaborate in June 2021 to develop advanced, comprehensive, and personalised cancer care through precision oncology information solutions.
  • McKesson Corporation (US) has launched Ontada, an oncology technology and insights business dedicated to advancing cancer research and care, in December 2020.

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Key Segments

By Product:

  • Solutions
    • Patient Information Systems
    • Treatment Planning Systems
  • Professional Services

By Application:

  • Medical Oncology
  • Radiation Oncology
  • Surgical Oncology

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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Thiamine Market is projected to grow at a healthy CAGR of 13.9% from 2022 to 2032

[342 Pages Report] The thiamine market is expected to see a significant CAGR of 13.9%, and is projected to increase from US$ 170.9 million in 2021 to US$ 715.32 million by 2032.

Attributes Details
Thiamine Market CAGR (2022-2032) 13.9%
Thiamine Market Size (2021) US$ 170.9 million
Thiamine Market Size (2032) US$ 715.32 million

Thiamine’s expanding use in mental health is driving up the market size, as its uses go beyond only physical health. Additionally, the market leaders for thiamine, like Jiangsu Jubang Pharmaceutical Co. Ltd, work hard to preserve their leadership positions by bringing in the biggest percentage of revenue and snatching up the largest portion of the market.The product’s expanding function in energy metabolism, as well as the growth and development of healthy cells, is what largely drives the thiamine market. The growing demand for thiamine is mostly due to increased public awareness of the human body’s thiamine deficiency.

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Sales of thiamine are expanding, as it is used by both humans and animals. Animals are given the chemical to protect their livers and kidneys against lead-induced lipid peroxidation. It is essential for both the development and growth of healthy cells, as well as for human energy metabolism.

The increased frequency of illnesses and the lack of knowledge and awareness surrounding thiamine deficiency may be limiting factors for the growth of the thiamine market. Furthermore, this shortage can lead to a number of other serious health issues.

Due to the country’s rising healthcare spending, aging population, improved medical facilities, changing pharmacy distribution networks, and cutting-edge technologies, the United States is one of the main consumers of protein components.

Key Takeaways of the Thiamine Market

  • The thiamine market is expected to have a CAGR of 9% during the forecast period.
  • The thiamine market is anticipated to have a valuation of US$ 715.32 million by 2032.
  • The thiamine market had a valuation of US$ 170.9 million in 2021.
  • The thiamine market is segmented based on surgical application, wherein the dietary supplementary segment had a CAGR of 1% in 2021.
  • The pharmaceutical segment holds the second leading position as a result of the usage of thiamine in treatments for a number of disorders.
  • The Asia Pacific dominated thiamine market, with a CAGR of 0% in 2021.
  • The North America thiamine market is expected to expand rapidly, with a prodigious share during the forecast period.

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Competitive landscape: Fresh Companies Are Meeting The Product Demand

Due to the increasing customer demand for the products and the dwindling supply of manufacturers, there are many opportunities for the existing firms to gain a strategic and competitive advantage. With the assistance of experienced and productive R&D, new businesses can create goods that are ready for the market.

In order to gain a competitive edge and ensure consumer satisfaction, the top players in the thiamine market have taken a number of strategic actions, including setting up various research programs, lowering prices, and carrying out profit-making and expansion initiatives.

Recent Developments: Innovations and Product launches

  • The US Food & Drug Administration (USFDA) has given final permission for Aurobindo Pharma Limited to produce and sell Thiamine HCl Injection 200 mg/ 2 mL Multi-Dose Vials.
  • February 18, 2021 – Through its US subsidiary, Hikma Pharmaceuticals USA Inc. The multinational pharmaceutical business Hikma Pharmaceuticals PLC (Hikma) has introduced Thiamine Hydrochloride Injection, USP, 200mg/2mL, in the US.

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Key players

  • DSM
  • Chemizo Enterprise
  • Xinfa Pharmaceutical Co., Ltd.
  • Jiangxi Tianxin Pharmaceutical Co., Ltd.
  • Nutricost
  • McCartan’s Pharmacy
  • Jiangsu Jubang Pharmaceutical Co., Ltd.
  • HPC

Key segments

By Application:

  • Food & Beverages
  • Animal Feed
  • Pharmaceuticals
  • Dietary Supplements

By Region:

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

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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Microbial Therapeutic Products Market reach a valuation of US$ 30.55 Billion by the end of 2030

Future Market Insights’ (FMI) global microbial therapeutic products report provides an exhaustive yet unbiased analysis of future growth projections, taking into account the aforementioned developments to provide a bird’s eye view of the landscape. According to the study, demand for microbial therapeutic products is likely to grow at a steady clip, driven chiefly by growing incidence of antimicrobial resistance.

Over the years, the burden of antimicrobial resistance (AMR) has been escalating tremendously, besides prevalence of chronic conditions. The World Health Organization observes high resistance rates have been observed against antimicrobials used for treating urinary tract infections and certain types of diarrhea. For example, the rate of resistance to ciprofloxacin ranged anywhere between 8.4% and 93% across 33 countries. It is apprehended that this burden is compounding further due to the COVID-19 pandemic. Hence, efforts are underway to accelerate research for discovering breakthroughs in microbial therapeutics.

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Key Takeaways

  • By product, anti-cancer agents to capture nearly 30% revenue by 2020-end, owing to prolific research breakthroughs
  • By route of administration, injection pens to account for 2 out of 5 sales, attributed to patient hygiene concerns
  • By source, bacteria based microbial therapeutic products to remain preferred
  • Oncology to remain primary microbial therapeutic products application area, expanding at Y-o-Y rate exceeding 5% through 2020
  • Hospitals emerge as the primary microbial therapeutic end-users, attributed to availability of adequate infrastructure
  • North America to remain the market hegemon, East Asia to be fastest growing market

“Prominent manufacturers are seeking regulatory approvals to accelerate research and development operations for developing effective drug solutions to address the compounding antimicrobial resistance problems,” remarks the FMI analyst.

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COVID-19 Impact Analysis

The COVID-19 pandemic has adversely impact global economic outlook, with a prolonged recession on the cards across numerous industries. However, the microbial therapeutic products market has only stood to benefit from the pandemic crisis, as the global healthcare community accelerates efforts to find a potential cure for this deadly virus.

With inoculation procedures already being initiated across the U.K., it is only a matter of time before the anti-COVID-19 vaccine is available on a global scale. Despite this availability, healthcare providers will have a long road ahead with respect to discovering an orally administered drug formulation.

Therefore, governments are lending unconditional support to the global healthcare fraternity in terms of policy relaxation and disbursement of financial grants to aid in the research and development process, catapulting growth prospects.

Competitive Landscape

Prominent players operating in the global microbial therapeutic products market are emphasizing on acquiring regulatory approvals, forging partnerships and collaborations with competent authorities and biosimilars develop to capture substantial revenue shares across key regions.

Some reputed players operating within the global microbial therapeutic products landscape include Dr. Reddy’s Laboratories, Pfizer Inc., Sanofi SA, Merck & Co. Inc., Novartis AG, Novo Nordisk A/S, Abbott Laboratories and Amgen Inc. to name a few.

In November 2020, Dr. Reddy’s Laboratories announced a definitive agreement with Glenmark Pharmaceuticals Ltd. to acquire its anti-allergy brands Momat Rino, Momat Rino Advance and Momat A to market them across Russia, Kazakhstan and Uzbekistan respectively.

In December 2020, Novo Nordisk announced the acquisition of Emisphere Technologies to exercise ownership of its Eligen SNAC oral delivery technology. The acquisition shall accelerate its GLP-1 receptor agonist seaglutide’s production on a larger scale.

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More Valuable Insights on FMI’s Microbial Therapeutic Products Market

Future Market Insights, in its new report, offers an unbiased analysis of the global microbial therapeutic products market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the microbial therapeutic products market on the basis of product (growth factors, anti-cancer agents, immunosuppressants, enzymes & others), route of administration (single use pre-filled injection/injection pen, multi-use injectors & others), source (bacteria & fungi), application (metabolic disorders, haematological disorders, oncology, immunological disorders, infectious diseases, allergic diseases & others) and end-user (hospitals, pharmaceuticals & biopharmaceutical companies and research & academic institutions) across seven prominent regions.

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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 Autoclaves Market valuation reaching around US$ 290.3 Million in 2022

The global dental autoclaves market was valued at US$ 277.4 Mn in 2021 and is expected to exhibit a CAGR of close to 5.3% over the forecast period. Equipment sterilization and management is an important aspect of any clinical setting. Dental instruments with reusable properties require good sterilization practices.

Prevention of contamination from patient to provider or provider to patient, or patient to patient is essential. In healthcare facilities, dental infection proliferation and spread is controlled through extensive sterilization processes which include steam and vacuum processes of dental equipment and instruments via dental autoclave systems.

Growth in the dental autoclaves market is associated with rising burden of dental diseases, owing to the changing lifestyle habits as well as dietary changes among individuals. Moreover, high prevalence of general dental ailments, such as dental caries or malocclusion are propelling the adoption of routine dental procedures, such as dental scraping.

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With advancements in medical device manufacturing integrated digital systems, dental autoclaves devices enable safe and time-efficient process of sterilization. These systems are capable of providing sterilization data with each cycle, and hence improve the efficacy of dental autoclave systems.

Increasing preference for cosmetic dentistry procedures is expected to create opportunities for growth in the market. With seemingly novel and non-interactive instrument composition, such as with stainless steel and nickel-titanium, the process of steam and vacuum sterilization presents an opportunistic approach in terms of instrument and material integrity, as the instruments have a certain heat-based resistance during the autoclave cycle.

Reduced process timings, better visualization of sterilization data, and the cost-effectiveness of autoclaving systems will continue pushing sales in the market over the forecast period.

Key Takeaways:

  • By product type, the fully automated sterilizers segment will account for 46% of the total market share by 2032, with demand growing at a 5.9% CAGR.
  • In terms of modality, total sales of table-top modalities of dental autoclaves held a dominant market share value of 65.9% in 2021. Sales in this segment are projected to increase at a 5.5% CAGR.
  • By loading, demand for front loading dental autoclaves is expected to grow at a CAGR of 5.5% over the forecast period.
  • Based on end user, the office based dental clinics will account for 37.4% of the total market share in 2022.
  • Sales in the U.S. are estimated to account for 81.8% of the North America dental autoclave market share in 2022.
  • Demand in the U.K. is projected to increase at a 5.5% CAGR, accounting for a lion’s share of the Europe dental autoclaves market over the forecast period.
  • China will emerge as lucrative pocket in the East Asia dental autoclaves market, with sales growing at a robust 10.8% CAGR through 2032.

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Competition Landscape

Leading players operating in the global dental autoclaves market are focusing on the introduction of novel or technologically advanced products to gain a competitive edge in the market. For instance:

  • In October 2021, Euronda obtained its Medical Device Registration (MDR) certification and became one of the first Italian companies with MDR certification for all its medical devices.
  • In March 2021, Mocom announced the opening of its new showroom and training centre headquarters including autoclaves, ultrasound tanks, thermal sealers and thermal disinfectors in Imola.

Key Market Segments Covered in Dental Autoclaves Industry Research

By Product:

  • Steam Autoclave Sterilizers
  • Electric Sterilizers
  • Fully Automated Sterilizers

By Modality:

  • Table-top
  • Portable

By Loading:

  • Top Loading
  • Front Loading
  • Pass Through

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By End User:

  • Hospitals
  • Ambulatory Surgical Centres
  • Office Based Dental Clinics
  • Group Practice

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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Cryopreservation for In-vitro Fertilization (IVF) Market is projected to grow at an impressive 10.2% CAGR through 2030.

The global cryopreservation for IVF market has witnessed a moderate drop in 2020, attributed to the ongoing coronavirus pandemic. Restrictions on production facilities, and reduced consumer expenditure on the sector has hurt market prospects for the short term.

As per the latest market study by Future Market Insights (FMI), the cryopreservation for IVF market is expected to grow at an impressive 10.2% CAGR through 2030. According to the report, innovations in terms of vitrification processes, especially for oocyte preservation aids market developments.

Despite the strong growth of cryogenics in the healthcare sector, prohibitive costs and strict rules on IVF treatments, coupled with complexities and limitations of tech in the market hold back growth.

Key Takeaways on Cryopreservation for IVF Market

  • The cryopreservation for IVF market size surpassed US$ 339 Mn in 2019, with market growth witnessing a moderate slump throughout the duration of the covid-19 outbreak, as lockdown restrictions hinder supply chains, and consumers redirect expenses towards essential commodities.
  • IVF clinics will continue as the leading user of cryogenics in IVF treatments, the segment is projected to account for more than 60% of the overall market share over the forecast period.
  • Cryogenic liquid cylinders are witnessing high demand in the cryopreservation for IVF market, aided by the wide scope of application in vitrification processes.
  • East Asia will remain a leading regional market for cryopreservation in IVF centres, supported by relatively lower costs of healthcare and positive changes to population policies. Also, Latin America is expected to display strong growth owing to research applications.

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“Higher rates of infertility have become a global issue. Strict regulations in numerous countries restrict couples from choosing fertility treatment, which has pushed couples to seek treatment in other regions bolstering to fertility tourism. With reductions in costs of cryogenics this factor will positively influence market developments,” said a lead analyst from FMI.

Covid-19 Effects on Cryopreservation for IVF MarketThe cryopreservation for IVF sector has been negatively impacted by the ongoing covid-19 pandemic. Concerns over procedures and precautions in terms of handling seropositive patients are influencing short-term developments. Also, the risk of cross contamination and viral transmission during cryogenic procedures will limit adoption during this period.

Cryogenic device production facilities have been affected by lockdown regulations, while restrictions on elective medical procedures have also hurt market developments. The market is expected to recover towards 2021 with rebounding consumer spending on cryogenics and IVF treatments in the post-pandemic era.

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Who is Winning?

In a recent report, Future Market Insights has provided a detailed overview of the varying business strategies that find use in the cryopreservation for IVF market. Leading players in the sector have invested in the development and launch of new product offerings, with the incorporation of cutting-edge tech. Strategic collaborations and acquisitions are also gaining popularity in the industry.

Thermo Fisher Scientific Inc., Millipore Sigma, Fujifilm Irvine Scientific Inc., Vitrolife AB, Kitazato Corp., Brooks Life Sciences, Corning Inc., Worthington Industries Inc., Cook Medical LLC, are the most prominent players in the market.

Key SegmentsProduct Type

  • Cryopreservation Media
  • Cryopreservation Storage Devices
    • Dewars
    • Cryogenic Liquid Cylinders
    • Cryogenic Storage Tanks
      • Vapor Tanks
      • Storage Alarm Systems
      • LN 2 Auto Fill Systems
      • LN2 Sterilization System
      • Cryo Control/Inventory Management Systems
    • Storage Container
      • Cryocanes
      • Visotubes
      • Cannisters
  • Consumables & Accessories
    • Vitrification Carriers
    • Sperm Straws
    • Saw Freeze Straws
    • Cryovials
  • Cryo-Shipping
    • Dry Shipper Container
    • Clinical Pack Over Wrap
    • Cryogenic Labels

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Application

  • Oocycte Cryopreservation
  • Sperm Cryopreservation
  • Embryo Cryopreservation

End User

  • Biobanks
  • IVF & Fertility Clinics
  • Research & Academic Institutes
  • Cryo-shipping/couriers
  • Cryo Monitoring /Inventory Management

Regional Outlook

  • North America (US, Canada)
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
  • Europe (Germany, UK, Russia, France, Italy, Spain, BENELUX, Rest of Europe)
  • South Asia (India, Thailand, Indonesia, Malaysia, Rest of South Asia)
  • East Asia (China, Japan, and South Korea)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, South Africa, and Rest of MEA)

About FMI:

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

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

PD-1/PD-L1 Inhibitors Market: Dynamics

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

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PD-1/PD-L1 Inhibitors Market Overview

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

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

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

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

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

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

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

The report covers exhaust analysis on:

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

The regional analysis includes:

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

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

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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Emergency Medical Services Market is set to increase at a 6.2% CAGR during forecast period by 2032

Ambulatory services, usually known as emergency medical services, are systems that provide medical care in emergency situations. Emergency medical services are primarily concerned with injury and acute illnesses such as stroke and cardiac arrest. Emergency medical services also cover services that are required in the event of a natural disaster.

The global emergency medical services market was valued at over US$ 19.3 Bn in 2021 and is expected to exhibit a CAGR of close to 6.2% over the forecast period (2022-2032).

Demand for emergency medical services is increasing as the number of cardiac arrests and accidents is rising across various countries. Software solutions that give technological breakthroughs in emergency medical services provide additional benefits such as forecasting future health hazards, improved communication during an emergency crisis, and real-time guidance during emergency scenarios.

Growth in the emergency medical services market is influenced by various factors which include rising number of cases associated with infections, high risk of morbidity among the geriatric population, increasing investments and funding for medical services, growing volume of trauma cases, high healthcare expenditure, as well as a rise in the number of hospitals establishments worldwide.

Several other factors that influence the market for emergency medical services positively include the accessibility of emergency medical services through a well-developed transportation infrastructure, improved communication channels, robust software solutions, and growing activities related to procedural aid during emergency situations.

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Additionally, the utilization of air ambulances, which are medical transport services that are essential in the event of a medical emergency, have promoted the growth of the emergency medical services industry.

“Rising adoption of air ambulances, along with growing demand for drone-based emergency medical services will augment the growth in the market,” says an FMI analyst.

Key Takeaways:

· Advance life support services accounted for about 56.6% of the global market share in 2021, owing to the rise in demand due to the advent of the COVID-19 pandemic.

· As providers, hospital-based EMS held a dominant share of 27.4% in 2021. Hospital-based EMS provide pre-hospital care for patients during cases of emergency and trauma.

· Ground transport services are a dominant segment in terms of the fleet within the global market, carrying a market share of around 86.2% in 2021.

· North America is observed to be the leading region with an approximate value share of 35.6% in 2021.

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Competition Landscape

Market expansion will be hampered by increasing vendor competition. Because there are so many brands and regional and local vendors, there are a lot of rivalries. Furthermore, suppliers in the emergency medical services industry are expanding their offerings to include mobile healthcare, medical educators, primary care extenders, and patient advocates. During the focused period, increased competition is expected to have a negative impact on the worldwide emergency medical service market growth. The emergency medical services industry is fragmented, and providers are competing by using both organic and inorganic growth techniques.

Key Market Segments Covered in Emergency Medical Services Industry Research

By Services:

  • Basic Life Support
  • Advance Life Support
  • Mortuary Services
  • Patient Transfer Services

By Providers:

  • Fire-Department-Based EMS
  • Government EMS
  • Hospital-Based EMS
  • Private Ambulance Service
  • Other EMS Agencies

By Fleet:

  • Ground Transport
  • Air Transport

By Region:

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

About FMI:

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

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Clinical Chemistry Analyzers Market is projected at US$ 21.7 Billion during the forecast period from 2022 to 2032

Clinical chemistry is the part of clinical pathology dealing with the analysis and evaluation of body fluids which plays significant role in the diagnosis and therapeutics of various diseases. Clinical chemistry analyzers are used for various pathology testing. The clinical chemistry analyzers have extensive scope of application in hospitals, academic institutions, commercial laboratories, blood banks, cancer research centers and other medical institutions. Clinical chemistry analyzers works on the principles of photometric testing, colorimetric testing, latex agglutination, ion-selective potentiometry  to analyze samples of blood, urine, serum, plasma, and other body fluids.

Key Manufacturers are Focussing on Clinical Chemistry Analyzers with Advanced Modelling Features
Rapid growth in the diagnostics market, increase in healthcare spending, and increase in lifestyle diseases will drive the growth of the market. Moreover, increasing awareness for preventative healthcare, increase in aging population, rise in chemical rental agreements and the high demand for laboratory automation will fuel the growth of clinical chemistry analyzer market. All of these factors play pivotal role in supporting the growth of the market.

The innovations in clinical chemistry analyzer involve advanced modeling & parameter estimation, better resolution, advanced pattern recognition, computer-assisted interpretation, and artificial intelligence.

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Improvements in clinical chemistry analyzers will be contemporary with the development of new examines, further improving care of patient. Manufacturers are adapting analyzers for use in smaller laboratories as well as in a large hospital, or in the field. As software capabilities are developing, clinical chemistry analyzers will be able to offer increased testing speed and degree of automation.However, the critical restraints of the clinical chemistry analyzer market are the lengthy, rigorous and time-consuming process of approval of devices and high capital cost.

Clinical Chemistry Analyzers Market: Segmentation

The global clinical chemistry analyzers market can be segmented on the basis of the type of tests, product type and end users. On the basis of types of tests, the clinical chemistry analyzer market can be segmented into liver panels, primary metabolic panels, electrolyte panels, thyroid function panels, lipid profiles, renal profiles, and specialty chemicals testing By product type, the clinical chemistry analyzer market can be further divided into analyzers, reagents and others. On the basis of end use, clinical chemistry analyzers are segmented into academic research institutes, hospitals and, diagnostic laboratories.

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Clinical Chemistry Analyzers Market: Competition Landscape
Key Players
The key players functioning in the clinical chemistry analyzer market are-
Abbott Diagnostics
Horiba Ltd
Mindray Medical International Ltd
Beckman Coulter
Elitech Group
Ortho-Clinical Diagnostics
Randox Laboratories Ltd
Roche Diagnostics
Siemens AG
Thermo Fisher Scientific
Clinical Chemistry Analyzers Market: Regional Overview
Referring to the demand of clinical chemistry analyzer, North America region dominates the market due to government initiatives and execution of practice guidelines by healthcare organizations. Strong presence of leading manufacturers of clinical chemistry analyzers in North America and Europe, high R&D investment by global players are boosting the growth of clinical chemistry analyzers market.

Rapid adoption of clinical chemistry analyzers for various applications is also resulting in high growth of the market. Europe is expected to witness a major share in the clinical chemistry analyzers market owing to high awareness towards preventive care and high spend on healthcare by governments of the countries in Europe.

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Key Segments Profiled In The Clinical Chemistry Analyzers Market Report

Clinical Chemistry Analyzers Market by Product:

  • Clinical Chemistry Analyzers
    • Small
    • Medium
    • Large
    • Very Large
  • Clinical Chemistry Reagents
    • Calibrators
    • Controls
    • Standards
    • Others
  • Other Clinical Chemistry Analyzer Products

Clinical Chemistry Analyzers Market by Test:

  • Basic Metabolic Panel Clinical Chemistry Analyzers
  • Electrolyte Panel Clinical Chemistry Analyzers
  • Liver Panel Clinical Chemistry Analyzers
  • Lipid Profile Clinical Chemistry Analyzers
  • Renal Profile Clinical Chemistry Analyzers
  • Thyroid Function Panel Clinical Chemistry Analyzers
  • Specialty Chemical Tests Clinical Chemistry Analyzers

Clinical Chemistry Analyzers Market by End Use:

  • Clinical Chemistry Analyzers for Hospitals
  • Clinical Chemistry Analyzers for Academic Research Centers
  • Clinical Chemistry Analyzers for Diagnostics Laboratories
  • Clinical Chemistry Analyzers for Diagnostics Laboratories
  • Clinical Chemistry Analyzers for Other End Uses

Clinical Chemistry Analyzers Market by Region:

  • North America Clinical Chemistry Analyzers Market
  • Europe Clinical Chemistry Analyzers Market
  • Asia Pacific Clinical Chemistry Analyzers Market
  • Middle East and Africa Clinical Chemistry Analyzers Market
  • Latin America Clinical Chemistry Analyzers Market

About FMI:

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

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
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