Robotic Catheterization Systems Market is set to experience a significant growth of 14.8% CAGR from 2022 to 2029

A recent clinical study radiation level research with robotic catheterization and normal cardiac intervention procedures reveals that robotic catheterization systems show reduction of ionizing radiation exposure by 95%.

This factor will be prominent in pushing the preference for robotic catheterization systems as an effective procedure for catheterization. Projected to reach US$ 42.9 Mn by the end of 2022, robotic catheterization systems market is set to thrive at an impressive CAGR of 14.8% during the forecast period 2022 – 2029

Interventional and surgical robotic systems have already made a significant impact on how surgeries are performed and are being increasingly adopted in modern operating rooms. Robotic catheterization systems have proved their abilities to perform interventional procedures with immensely low operator radiation exposure in comparison to the tradition catheterization procedures.

Procedures where clinicians are given navigational and mechanical tools that permit definite actions or part of the procedure to be executed autonomously with a level of precession and control are possible only with robot-assisted catheterization.

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Key Takeaways – Robotic Catheterization Systems Market Study

  • Popularity of robotic catheterization systems, increasing system awareness, improving reimbursement scenarios for percutaneous coronary intervention (PCI), larger patient pool for coronary artery diseases are key factors influencing the robotic catheterization systems market in developed countries.
  • High upfront cost is posing a negative impact on end users’ decision to purchase robotic catheterized systems. To rework this problem, Hansen Medical is offering sensei system at a competitive pricing depicting lower accessory cost and lower total cost per procedure.
  • Robotic catheterization systems installed in Chesapeake Regional Healthcare marks as the first fully integrated catheterization laboratory installed in its all intervention operating room.
  • In terms of product type, electromechanical robotic catheterization systems with comparatively higher technical advantage over magnetic-guided robotic catheterization systems is expected to generate significant revenue.
  • In terms of application, increasing adoption of robotic catheterization for percutaneous coronary intervention as compared to cardiac electrophysiology procedure marks higher revenue potential.

The first ever successful robotic PCI procedure in Asia Pacific that delivered positive results will be offering an inception point for the growth of robotic catheterization systems market in developing Asian economies.

Market Leaders on Acquisition Spree

In reference to the trend in other medical device markets, key factors impacting the robotic catheterization systems market are partnerships and mergers observed in recent years. Key manufacturers are entering the robotic catheterization systems market by strategically expanding their reach through acquisitions and mergers, considering the increasing demand for these systems.

Product bundling of robotic catheterization and accessory systems at promotional rates and research contracts are forcing a decline in ASPs. Companies are focusing on limiting operational expenses to grow profitability. In contrast to these market changes, another significant factor influencing the robotic catheterization systems market is the exit and entrance of co-participating companies.

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In August 2022, Corindus Vascular Robotics Inc., a prominent developer of precision vascular robotics, declared that it has settled on acquisition by Siemens Healthineers AG., representing a collective purchase price of approximately $1.1 billion.

In April 2016, Hansen Medical Inc. was acquired by Auris Surgical Robotics Inc. in an arrangement with roughly US$ 80 Mn of equity value. With Hansen portfolio, Auris attained Magellan Robotic System, employed in navigating peripheral blood vessels in endovascular procedures, and Sensei Robotic System, a robotically steerable catheter system.

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Robotic catheterization systems market, a new study from Future Market Insights, provides unparalleled insights on evolution of the robotic catheterization systems market during 2014 – 2021 and presents demand projections during 2022 – 2029 on the basis of product category (Electromechanical robotic catheterization systems, magnetic-guided robotic catheterization systems), application (percutaneous coronary intervention, cardiac electrophysiology procedures), and end user (hospitals, ambulatory surgical centers, catheterization laboratories) across seven prominent regions.

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Key Market Segments Covered in Robotic catheterization systems Industry Research

By Product :Electromechanical Robotic Catheterization Systems ,Magnetic-Guided Robotic Catheterization Systems ;By Application :Percutaneous Coronary Intervention  ,Cardiac Electrophysiology Procedures ;By End User :Hospitals ,Ambulatory Surgical Centers ,Catheterization Laboratories

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 8-years.

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Vision Screeners Market is expected to grow at a CAGR of 5.9% during the forecast period 2022-2029

Global vision screener sales are likely to near US$ 500 Mn by the end of 2022. According to a new research intelligence study presented by Future Market Insights (FMI), the Vision Screeners Market will continue to witness an average 5.9% Y-o-Y growth in the revenues in 2022 and ahead. As reported by the study, more than a third of overall sales of vision screeners is targeted to a variety of vision screening tests, followed by color vision tests.

While portable or handheld vision screening devices have been sought after over the years, it is more likely that the vision screening software will experience rapid gains in coming years, as a result of brisk technological penetration. Moreover, as key manufacturers are investing considerable efforts in technological innovations of vision screeners, table-top variants are also likely to see healthy sales growth in the near future. Currently, more than 50% of the total sales are accounted by portable or handheld devices that are used during vision screening procedures, as per the report.

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The rising prevalence of vision problems, advancements in technology, increasing healthcare spending, and the growing prevalence of diabetes constitute some of the key factors responsible for driving the global vision screeners market revenues.

In addition to some of the most commonplace vision disorders, newly establishing problems such as digital eye strain (more popularly, computer vision syndrome) are strongly necessitating the demand for efficient vision screening tests, particularly among the younger population. This, according to FMI’s analysis, will drive sales of vision screeners in the forthcoming years.

Inadequate Effectiveness of Vision Screening Tests Prevails in Developing Asian Markets

Accounting for a collective value share of over 60%, North America and Europe will continue to lead the pack in global vision screeners market. In addition to early adoption of advanced technologies and high awareness about vision problems and the significance of vision screening, the growth of market in these regions has been prominently attributed to the rapid consolidation of healthcare facilities within these regions.

On the other hand, dearth of skilled and trained professionals in the field of vision screening will remain the prime factor restraining vision screeners adoption across developing Asian countries. Relatively lesser competency to professionally and accurately assess vision screening results continues to pose significant barriers in the growth path of market within Asia Pacific (APAC).

According to the report, a sizeable number of vision screening tests cannot be performed on children who have reading problems such as hyperopia or astigmatism. As a result, the ineffectiveness of vision screeners continues to negatively influence the number of parents opting for pediatric vision screening tests, which is further a significant factor deterring the revenues of vision screeners market in APAC.

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Pediatric Vision Screening Emerging as a Prime Focus Area for Innovations

Some of the key players competing in the global vision screeners market landscape include Hill-Rom Holdings, Inc. (Welch Allyn), Essilor International S.A. (Stereo Optical Company Inc.), Adaptica S.r.l., OCULUS Surgical, Inc., Plusoptix Inc., Honeywell International Inc., FIM Medical SAS, SHANGHAI TOP VIEW INDUSTRIAL CO., LTD., Thomson Screening Solutions Ltd., and Keystone View. While a majority of these companies are concentrating in technological upgrades of the current offerings, augmented investments targeting FDA approvals will be an important strategy.

Moreover, multiple longstanding challenges prevailing in children’s vision screening are highly likely to push the scope for innovations, which would help overcome the challenges and extend the efficiency of vision screening – specifically for children. The FMI study reveals how the companies that are manufacturing, supplying, and distributing vision screeners are strategizing on the growing traction in the pediatric patients segment.

Vision Screeners Market by Category

Product:

  • Table-Top Vision Screeners
  • Portable/Handheld Vision Screeners
  • Vision Screening Software

Technology:

  • Digital Vision Screeners
  • Computer-Based Vision Screeners

Application:

  • Vision Screening Tests
  • Color Vision Test
  • Binocular Testing
  • Others

End Users:

  • Hospitals
  • Homecare Settings
  • Specialized Clinics
  • Rehabilitation Centers
  • Ambulatory Surgical Centers

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Region:                    

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

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 8-years.

Contact:

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Loop-mediated Isothermal Amplification (LAMP) Market is expected to reach US$ 120.4 Million by 2028

Global demand for loop-mediated isothermal amplification technology reached around US$ 85 million in 2018, as indicated by a new research study of Future Market Insights (FMI). Estimated to observe stable growth in revenue over the coming years, loop-mediated isothermal amplification market will witness dominance of DNA polymerase, among the various product types.

Dominance of DNA Polymerase Adoption to Prevail, LAMP Instruments to Emerge Lucrative

DNA polymerase will continue to find highest applicability in both research and diagnostics. According to FMI’s report, DNA polymerase will be the key revenue generating product in loop-mediated isothermal amplification market over the period of projection. However, the report also highlights that instruments such as turbidimeters and fluorescence measuring systems will prominent traction in loop-mediated isothermal amplification market through 2028.

Amongst various loop-mediated isothermal amplification technologies, micro-fluidic technology majorly, have been successfully used in the diagnosis of several diseases including malaria and tuberculosis. Loop-mediated isothermal amplification using DNA polymerase has seen a rapid rise in the past several years due to the high adoption of loop-mediated isothermal amplification in testing.

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The application of these Loop-mediated isothermal amplification in assessing and directing diagnosis in certain types of disease, such as acute malaria, has provided a new dimension to the gradually growing field of minimal residual disease management.

High Penetration of Cutting-edge Technology Molecular Diagnostics of Fatal Diseases to Push LAMP Market Growth

The simplicity sensibility and specificity of loop-mediated isothermal amplification puts it in a very good position for future development in life threatening disease diagnosis. It is anticipated that the loop-mediated isothermal amplification market will grow significantly during the forecast period, owing mainly due to demand for advanced molecular diagnostics to accurately diagnose life-threatening diseases.

In recent years, the detection and identification of nucleic acids using point-of-care total nucleic acid analysis systems and procedures are in rise including loop-mediated isothermal amplification in various clinical and industrial settings. Besides loop-mediated isothermal amplification has also challenged PCR based amplification as it could achieve enhanced nucleic acid amplification by increasing surface area to volume ratio with reduced testing cost.

Macroeconomic indicators such as government funding for advancement and increased research on disease epigenetics; establishment of network of distribution and marketing agreements to ensure availability of products to different loop-mediated isothermal amplification end users globally; liberalization of import and export trade on point of care diagnostic devices and chemical reagents are also anticipated to propel the growth of the loop-mediated isothermal amplification market.

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Key Challenges Facing Development of Loop-mediated Isothermal Amplification Market

On the grey side, loop-mediated isothermal amplification has several intrinsic disadvantages such as its amplification method is devoid of an internal PCR inhibition control (IC). It is essential to perform all the reactions in duplicate, one being or the target and the other one for the IC in loop-mediated isothermal amplification assay.

Moreover, most standard DNA polymerases are unable to exhibit activity in samples derived from crude lysate due to the presence of polymerase inhibitors. This adds complexity to the loop-mediated isothermal amplification processing due to additional steps involved in purifying DNA to be used for amplification, which could also result in loss of starting material.

Loop-Mediated Isothermal Amplification Market: Additional Questions Answered

  • What is the revenue potential of the Loop-Mediated Isothermal Amplification Markets across North America and Europe?
  • Who are the key competitors and what are their portfolios in the Loop-Mediated Isothermal Amplification Market?
  • What are the major challenges influencing the growth of the Loop-Mediated Isothermal Amplification Market?
  • How is intervention from regulatory authorities shaping the growth of the Loop-Mediated Isothermal Amplification Market?

Regions with High Disease Prevalence to Reflect High Growth Potential for LAMP Market

Due to increase in prevalence of malaria and other pandemic diseases, regions such as East and South Asia are anticipated to be the fastest growing regional loop-mediated isothermal amplification markets and are poised to offer tremendous opportunities to key players.

The increase in disease prevalence will increase the demand for the use of loop-mediated isothermal amplification for point-of-care diagnosis. Besides, distribution & collaboration agreements by leading players of loop-mediated isothermal amplification products with the established local distributors in the regions will fuel the market growth of both the regions.

The loop-mediated isothermal amplification market report tracks some of the key companies operating in the global loop-mediated isothermal amplification market such as :

  • Eiken Chemcial Co.Ltd
  • New England Biolabs
  • Jena Bioscience GmbH
  • NIPPON GENE CO.
  • LTD
  • HUMAN
  • Optigene
  • HiberGene Diagnostics
  • Meridian Bioscience Inc.
  •  Mast Group Ltd.

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Key Segment

Based on product type

  • instruments
  • incubation systemsTurbidimeters
  • Agarose gel electrophoresis
  • fluorescence measuring systems
  • kits & reagents
  • DNA polymerase
  • Primer Mix
  • DNA Polymerase &Primer mix
  • dyes
  • other reagents

Based on Technology

  • microfluidic technology
  • advanced infrared optical technology
  • modern microsystem technology

Based on Application

  • diagnostic
  • research purpose

Based on End User

  • hospital & laboratories
  • research & academic institutes
  • others

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 7-years.

Contact:

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Hospital Disinfectant Products and Services Market is projected to reach US$ 58,388.4 Mn by 2029 | FMI

The hospital disinfectant products & services market at a robust CAGR of over 7.4% during 2022 – 2029. Of every 100 hospitalized patients at any given time, seven in developed and 10 in developing countries tend to acquire at least one hospital-associated infection. Hospital associated infections have been the longstanding concern of healthcare delivery centres. Increasing awareness about infection prevention, coupled with favourable initiatives taken by hospitals and governments, will drive demand for hospital disinfectant products & services.

Healthcare organizations and governments, in collaboration with hospitals, have been spreading some of the primary prevention and infection control methods such as appropriate hand hygiene and the correct application of necessary precautions during invasive procedures. These measures prominently include proper usage of hospital disinfectants, which is responsible for growing awareness about adoption of effective and efficient hospital disinfectant products & services.

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Key Takeaways – Hospital Disinfectant Products & Services Market Study

  • Hundreds of millions of patients are affected by health care-associated infections worldwide each year, leading to significant mortality and financial losses for health systems.
  • Poor quality of healthcare services in low to medium income countries are the most emerging regions for hospital disinfectant products & services market.
  • Manufacturers are focusing on formulating hospital disinfectants that have natural ingredient base to reduce the overall toxicity and prevent other disease emergence.
  • Lack of compliance of national guidelines and policies by hospitals may pose a threat to both mankind and the hospital disinfectant products & services market.
  • Implementation of Patient Protection and Affordable Care Act (PPACA), which expects a manufacturer to pay 2.3% tax on the sale of medical devices will increase expenses for sterilization equipment manufacturers. As a consequence, it may hamper the growth of the hospital disinfectant products & services market for the forecasted years.

Bloodstream infection (BSI), ventilator-associated pneumonia [VAP], urinary tract infection (UTI), and surgical site infection (SSI) are some of the common intricate hospital associated infections creating continuous opportunities for the global hospital disinfectant products & services market. Companies, thus, must manufacture products in compliance with medical regulations.

 Geriatric Population Primarily Driving Demand

Affordability of various treatment services and improved healthcare policies in different countries have led to an increased life expectancy of the population. According to WHO, the global geriatric population is expected to grow from 524 million in 2010 to 2 billion by 2050. The geriatric population suffers from various diseases and requires diagnosis and treatments that involve the use of non-disposable medical equipment. Therefore, the increase in the geriatric population globally is projected to drive demand for various medicals services and disinfecting medical devices, thereby enhancing the hospital disinfectant products & services market.

  • The global geriatric population is expected to grow at the fastest rate in developed countries such as Italy, Germany, the U.K., the U.S., and Japan.
  • Increase in healthcare spending is another factor that boosts the Hospital Disinfectant Products & Services Market.

However, the leading manufacturers of hospital disinfectant have to comply with stringent rules and regulations that their products meet to gain a spearhead competition in the global hospital disinfectant products & services market.

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What Does the Report Cover?

Future Market Insights, in its new research study, brings forward a detailed analysis of the global hospital disinfectant products & services market, presenting historical demand data (2014-2018) and forecast statistics for the period of 2019-2029. The study elaborates the insights on the hospital disinfectant products & services market on the basis of type (liquid, gels & lotions, spray & foam, wipes, devices, surveillance providers, and other types), application (skincare, surface cleaners, surveillance providers, disinfectant instrument accessories, water cleaners, and air cleaners), across seven significant regions. The study focuses on product innovations, key developments, and various opportunities and trends in the hospital disinfectant products & services market.

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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.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Blinds & Shades Market is Expected to Reach at a CAGR of Approximately 4.4% through 2029 | FMI

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.

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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.

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.

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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.

Contact:

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Men’s Skincare Products Market will reach US$ 28,344.8 Mn by the end of 2029 | FMI

It is anticipated that the men’s skincare products market for men would expand at a rate never before seen. According to a recent research analysis by Future Market Insights (FMI), the market for men’s skincare products will reach US$ 28,344.8 Mn by the end of 2029, seeing extraordinary development at a double digit CAGR.

Men’s skincare sales are mostly focused on shaving supplies, creams, moisturisers, sunscreen, and cleansers and face washes. However, the primary reasons restricting sales of men’s grooming goods in the near future will continue to be side effects related to the usage of personal care products.

Manufacturers are concentrating on creating innovative goods to ride the current skincare trend of natural and organic products. Additionally, manufacturers have increased their attention on advanced product components and packaging for sharper profit margins.

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List of Key Players Covered in Men’s Skincare Products Market are:

  • Procter & Gamble plc
  • Beiersdorf AG
  • Johnson & Johnson Services, Inc.
  • Estee Lauder Companies
  • L’Oréal S.A
  • Emami Limited
  • Brickell Men’s Products Company
  • Menaji Worldwide, LLC

Key Takeaways – Men’s Skincare Products Market

  • In 2021, ~37% of the world’s skincare products were launched in the U.K., followed by the U.S. with ~25%, and France, close to ~15%.
  • Europe will hold significant shares in men’s skincare products market owing to the exceedingly high concentration of beauty & skincare manufacturers in the region.
  • East Asia will be a lucrative investment pocket for companies in the men’s skincare products landscape, as the J-beauty and K-beauty cosmetic trends are proliferating in this region at a pace.
  • High demand for organic products will be one of the key attributes complementing global men’s skincare products market growth.
  • Oily skin issues in men remain the top revenue generator, whereas issues with sensitive skin are hinting at a rapidly emerging category to invest in.
  • Online retail would be the significantly profitable sales channel. 

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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.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Tennis Equipment Market to Reach an Estimated net worth of US$ 10.8 Bn by the end of 2029 | FMI

The global tennis equipment market is expected to account for a valuation of US$ 9 Bn in 2022, and rise at a CAGR of 2.9% to reach an estimated net worth of US$ 10.8 Bn by the end of 2029.

The global tennis equipment market is likely to reach US$ 9 Bn in 2022. According to the report, the tennis equipment market is projected to expand at a CAGR of ~2.9% during the forecast period. Racquets are expected to contribute the highest revenue share in the global tennis equipment market in 2022.

In recent years, increasing number of women participation in sports activities such as tennis has been complementing the growth of the global sports industry, thereby potentially raising the demand for sports equipment. The number of individual buyers of tennis equipment are likely to increase at rapid pace, owing to growing participation of young and cardio tennis players over the past few years. Additionally, manufacturers are on an innovation spree, as lightweight racquets, such as Head Graphene 360 Radical Lite racket, continue to gain significant tractions, enabling players to swing them faster and generate more topspin on the ball.

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Independent sports outlet is estimated to be the leading sales channel in the global tennis equipment market in 2022, due to availability of high quality products at affordable price which is affecting larger competitors in the market.

According to FMI’s report, endorsement is one of the key strategies used by tennis equipment manufacturers to drive their sales. Shoes and apparels endorsed by athletes are 60% more likely to get sold as compared to those without any endorsement. Tennis shoes and apparels consumers are also being influenced by brand promotions done by their favorite stars.

Additionally, various manufactures of tennis equipment have shifted their concentration heavily upon the distribution of equipment through online sales channels. It could be evidently seen that a majority of tennis shoe manufactures, such as Adidas, Puma, Yonex and Li Ning, have turned their attention to capture sales of tennis shoes through online channels, such as company’s official e-commerce websites and third-party e-commerce websites.

South & East Asia Remains Prominent Market for Tennis Equipment  

Growing influence of professional tennis among the Asian population is offering a lucrative opportunity for tennis equipment market players in South & East Asia. Additionally, factors such as booming Chinese economy, development of sports infrastructure, and training facilities have created opportunities for various stakeholders in the sports equipment manufacturing ecosystem. Profound interest of government as well as private sector in sports activities such as tennis has helped to strengthen the image of sports within the developing countries. Transition of casual to core tennis participation is likely to contribute substantial growth to the tennis equipment market. The increasing fitness trend among millennials in the Asia Pacific region is expected to provide an impressive growth to the tennis equipment market during 2022-2029.

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Rising awareness about protecting our environment and the preference for natural products is expected to promote the growth of biodegradable and eco-friendly tennis products. People are preferring natural gut tennis strings, as an eco-friendlier option. These strings are made from recycled synthetics or alternative materials. The raw material used in natural gut strings is a by-product of the meat industry, a viable alternative to petroleum-based plastics. Furthermore, people are preferring athletic clothing made from recycled or sustainable materials which is creating a massive opportunity for the growth of the global tennis equipment market during the forecast period.

FMI’s business intelligence also highlights significant insights into the competitive scenario of the tennis equipment market along with manufacturers’ differential strategies. Key players in the tennis equipment market are focusing on new product development and efficiency enhancement to gain brand penetration and loyalty among consumers. For example, in 2018, Amer Sports Corporation’s brand Wilson launched the Iconic John Wooden sneaker. It features a revolutionary polyurethane sole that is lightweight. This launch was aimed at expanding the company’s product portfolio. According to FMI’s report, companies are also continuously expanding awareness about their products in the market by showcasing them at various events with the objective to increase sales as well as brand penetration in the tennis equipment market.

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Anti-pollution Ingredients Market From 2022 to 2031, ingredient sales are anticipated to grow at a CAGR of 5.4%. | FMI

Global anti-pollution ingredients market revenue currently stands at US$ 870.4 Mn, and is predicted to exhibit progression at a steady CAGR of 5.4% to reach a market valuation of US$ 1.4 Bn by the end of 2031..  Future Market Insights (FMI) has released a new intelligence outlook that predicts a promising growth outlook for the global anti-pollution ingredients market in the coming years, owing to a dramatic increase in the incorporation of active, functional ingredients in personal care (PC) and cosmetic products with an anti-pollution effect.

Non-traditional Ingredients Gaining Momentum

Based on the market analysis by the type of anti-pollution ingredients, polymer-based and antioxidant ingredients remain highly preferred among both, manufacturers and consumers. However, the market has been witnessing novel innovation patterns involving non-traditional active ingredients such as vitamin E and A, and polymer based ingredients. Anti-pollution ingredients such as plant extracts, activated charcoal, and metal chillers are gathering momentum in the market over the recent past.

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As consumers continue to seek ‘natural’ product labels and claims of protection from direct contact between skin and pollutants, manufacturers of anti-pollution ingredients are maintaining focus on innovative formulations.

Enhancement of the efficacy of existing ingredients and evaluation of the same of newly found ingredients to be used in the anti-pollution ingredients category currently interests a majority of leading players in the market.

Procter & Gamble recently joined forces with botanists of Royal Botanic Gardens (London) to evaluate the efficacy of naturally sourced ingredients for potential use in former’s new range of anti-pollution skin care products. Evonik also recently expanded its portfolio with new ingredients for use in ‘of-the-moment’ applications, including anti-pollution cosmetics and PC products.

Competitive Landscape

Leading anti-pollution ingredient manufacturers are focusing on the research & development of eco-friendly and natural ingredients. Key players in the anti-pollution ingredients industry are also investing in mergers and acquisitions to increase their market presence across multiple regions.

  • In January 2022, Chanel, the French luxury brand announced a new line of sustainable beauty products. The No. 1 de Chanel is the first line-up of the French brand into eco-conscious skincare and makeup industry that is seeing a bright outlook with growing environmental awareness. The formulations are comprised of almost 97% natural ingredients and come in recyclable packaging as well.
  • In April 2021, Greentech announced the launch of a new active ingredient. The new natural active ingredient called CIRCALYS is developed from the Green Chiretta plant. It has detoxifying properties and is used in Ayurvedic traditional medicines

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Key Segments of Anti-Pollution Ingredients Industry Survey

Anti-Pollution Ingredients Market by Ingredient Type:

  • Activated Charcoal
  • Algae and Kelp
  • Chinese Herbs
  • Antioxidants
    • Vitamin A
    • Vitamin B
    • Vitamin C
    • Vitamin E
  • Minerals
    • Sea Salt Minerals
    • Malachite Extract
  • Polymer Based Ingredients
  • Others

Anti-Pollution Ingredients Market by Application:

  • Skincare
    • Sun Care Products
    • Anti agers
    • Moisturizers
    • Facial Masks
    • Cleansers
    • Others
  • Hair Care
    • Shampoos
    • Conditioners
    • Others
  • Colour Cosmetics

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Anti-Pollution Ingredients Market by Region:

  • North America Anti-Pollution Ingredients Market
  • Latin America Anti-Pollution Ingredients Market
  • Europe Anti-Pollution Ingredients Market
  • East Asia Anti-Pollution Ingredients Market
  • South Asia & Pacific Anti-Pollution Ingredients Market
  • Middle East & Africa (MEA) Anti-Pollution Ingredients Market

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Aluminium-Free Deodorant Market will Expand at a CAGR of nearly 9.1 % by 2029 | FMI

The deodorants without aluminium market is anticipated to reach over US$ 1.5 billion in 2022 and expand at a CAGR of nearly 9.1 per cent from 2022 to 2029. Due to the high demand for natural products, the personal care products business has significant growth potential. Deodorants without aluminium are aroma items made for customers that like natural goods. Due to consumers’ shifting preferences, natural and organic products, such as deodorants without aluminium, are in high demand in industrialised nations.

Customers are worried about their hygiene and wellness. Deodorants without aluminium provide a number of benefits over synthetic deodorants, including the use of natural chemicals that don’t harm the skin.

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Aluminum-Free Deodorant Market Witnessing Innovative Product Launches

The existence of modern-age technology is resulting in the introduction of innovative solutions, especially in the skin care segment, which is encouraging a large number of people who are interested in trying out new products to adopt aluminium-free deodorants, sprays, and roll-ons.

Moreover, the presence of a large number of players has resulted intense competition in the aluminium-free deodorant market. Hence, market players are introducing new and innovative products, such as aluminium-free deodorant creams, gels, and wipes, to stay ahead in the competition.

Globally, the aluminium-free deodorant market is gaining traction due to factors such as an increase in the number of working women across the globe, which has resulted in an increase in spending on personal grooming with products that contain natural ingredients such as deodorants, creams, moisturisers, and anti-hair fall products.

Additionally, an additional reason boosting sales of premium quality personal care products that contain natural ingredients is the growing purchasing power of women aged 25 and older.

However, there are several drawbacks to using deodorants without aluminium that are likely to impede the market’s expansion. For instance, synthetic deodorants containing aluminium stay on the skin longer than deodorants without aluminium do, and they also block sweat, which is useful for athletes and customers participating in sports and fitness activities.

In addition, aluminium-free deodorants are priced higher than regular deodorants as they are natural and organic. These factors have changed the perception of consumers regarding the usage of aluminium-free deodorants, thus restraining the growth of the aluminium-free deodorant market across the world.

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On the other hand, rising disposable income, increase in self-indulgence, adoption of a western lifestyle, globalisation, the changing retail landscape, and rapid innovations in product development as well as distribution channels are among the major factors boosting the aluminium free deodorant market.

The aluminium-free deodorant market is primarily segmented based on product type, packaging type, end user, and sales channel. The aluminium-free deodorant market in the South Asia region is expected to grow at higher pace during the forecast period. Based on end user, the market is segmented into men, women, and unisex. The men category in the aluminium-free deodorant market is prominent, and holds a major share of the aluminium-free deodorant market. Based on the sales channel, the aluminium-free deodorant market is categorised as dedicated stores, dedicated e-commerce, speciality retailers, multi-brand stores and online retailers.

Key Players in the Aluminium-Free Deodorant Market

A brief analysis of the profiles of companies operating in the aluminium-free deodorant market are also provided in this report to evaluate their key products offerings, strategies, and recent developments. Some of the key participants profiled in the global aluminium-free deodorant market report include Unilever PLC, Beiersdorf Inc., Weleda Company, Avon International, Colgate-Palmolive, Henkel, Proctor and Gamble, L’Oréal, Shiseido, Estee Lauder, and Adidas, among others.

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Market by Category

By Product Type :

  • Roll-On
  • Powder
  • Wipes
  • Spray
  • Cream
  • Gel

By End User :

  • Men
  • Women
  • Unisex

By Packaging Type :

  • Plastic Spray Bottles
  • Pump Bottles
  • Metal Spray Bottles
  • Roll on sticks

By Sales Channel :

  • Dedicated Stores
  • Dedicated E-commerce
  • Specialty Retailers
  • Multi-brand Stores
  • Online Retailers

By Region :

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

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

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Synthetic Abrasives Market by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2028

Abrasives are hard materials which can withstand any damage when rubbed with any other surface. Abrasives can be segmented into two types: natural and synthetic abrasives. Synthetic abrasives are materials which are synthetically manufactured for the purpose of abrasion.

Synthetic abrasives include synthetic diamond, boron nitride (cubic), boron carbide, silicon carbide, alumina and other ceramics. Synthetic abrasives are used in grinding, forming, drilling, shaping, finishing, boring, cutting and other industrial processes.

These abrasives can be used in block or powdered form to manufacture various tools. That apart, these abrasives are also used as a coating material during the manufacturing of industrial tools. The choice of abrasive material depends on the application object.

The strength of the object decides the selection of the synthetic abrasives. The synthetic abrasive used must be stronger than the object on which it is going to be used. Various developments in material technologies are pushing the demand for synthetic abrasives in different applications.

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Global Synthetic Abrasives Market Dynamics

Market Drivers

Increasing construction activities to cater to the growing demand from the ever-growing population are pushing the demand for synthetic abrasives from the construction industry. New technologies have been developed for the manufacturing of hard and strong synthetic abrasives in recent years.

The demand for customized products as per the requirement is further pushing the development of synthetic abrasives. Industrial growth in emerging regions is also accelerating the growth of the concerned market at a good rate.

New combinations of materials are being tried and tested by manufacturers for better and effective results. Growing application industries and development of new synthetic abrasives is also expected to push the growth of the market during the forecast period.

Market Restraints

Sufficient availability of natural abrasives will create a setback for the concerned market. That apart, the high cost of synthetic abrasives is another big challenge for abrasives manufacturers.

Abrasives Market Trends

As synthetic abrasives offer better quality and high performance, they are replacing natural abrasives in many applications. New product developments and customized solutions for various applications have been observed in the synthetic abrasives market.

Global Market: Regional Outlook

Increasing opportunities from growing economies, such as China and other Asian countries, are pushing the demand for synthetic abrasives. Increasing demand for automation in various industries is another factor driving the growth of the synthetic abrasives market.

The Asia Pacific is expected to account for the largest share in the global market. Growing spending power in the countries including India and China is pushing the demand for synthetic abrasives from end use applications.

North America accounts for the second largest share in terms of the demand for the synthetic abrasive, and is also expected to grow with a significant growth. Decreasing industrial production and sluggish market in the Europe, is expected to be the reason for the slow growth in the demand for the synthetic abrasives market in Europe.

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New developments in Middle East and Africa and Latin America are driving the synthetic abrasives market in the respective regions.

Global Synthetic Abrasives Market Participants  

Some of the market participants identified across the value chain of global synthetic abrasives market are:

  • DuPont
  • Solvay
  • Carborundum Universal Ltd.
  • Saint-Gobain
  • Henkel
  • Falcon Abrasive Manufacturing Inc.
  • Dev Group
  • National Abrasives Ltd
  • Schaffner Manufacturing Company, Inc.
  • Western Abrasive Industries Private Limited
  • LANDS Superabrasives, Co.
  • Deerfos
  • Nippon Resibon Corporation
  • Abrasiflex

The global Synthetic abrasives market 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 global Synthetic abrasives market research report provides analysis and information according to market segments such as geographies, application and industry.

The global synthetic abrasives market report covers exhaustive analysis on

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

The Global Synthetic abrasives Market: Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The global Synthetic abrasives market 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 global Synthetic abrasives market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The global Synthetic abrasives market report also maps the qualitative impact of various market factors on market segments and geographies.

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Global Market Segmentation

The global Synthetic abrasives market can be segmented by material type, end use industry and region.

On the basis of material type, the global market can be segmented as:

  • Synthetic Diamond
  • Boron Nitride (cubic)
  • Boron Carbide
  • Silicon Carbide
  • Alumina
  • Other Ceramics

On the basis of applications, the global market can be segmented as:

  • Grinding
  • Forming
  • Drilling
  • Shaping
  • Finishing
  • Boring
  • Cutting

On the basis of end use industry, the global market can be segmented as:

  • Automobile Industry
  • OEM
  • Metal Fabrication
  • Electrical & Electronics
  • Other Industrial

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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