3D Sensor Market to Reach Around US$ 9.0 Billion by 2032 – Report by FMI

The global 3D sensor market is expected to reach US$ 2.5 billion in 2022. The overall market is expected to grow at a CAGR of more than 26.0 percent, reaching around US$ 9.0 billion by 2032. The market is expected to be driven by the increasing adoption of 3D sensors across various industries such as automotive and media & entertainment.

3D sensor is an extension of existing well established sensor market. 3D sensing is considered as one of the dynamic technology which is suitable for various applications such as healthcare, automotive, consumer electronics, industrial robotics, and security & surveillance etc. Electronics industry has strong potential for 3D sensor due to increasing acceptance of gesture applications and efficient product handling across different industrial verticals. Global 3D sensor market involves latest technologies and holds great potential in near future. The 3D sensor technology has major role in growth of semiconductor industry because of its attractive features such as cost effectiveness, greater reliability and high efficiency

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The report presents an in-depth analysis of key growth drivers and trends that are likely to impact the market in upcoming years. With the adoption of cloud computing and artificial intelligence, the technology industry is expected to witness a healthy growth over the forecast period. Increasing competitive pressure and advanced digital transformation in the area of data analytics and artificial intelligence are likely to improve the growth outlook for the 3D Sensor market in the upcoming decade.

According to the FMI’s report, Changes in consumer behavior, robust product innovations, and expanding distribution networks continue to influence growth of the 3D Sensor market. FMI’s analysts rely on unique research methods and comprehensive data study of the current and upcoming trends of the 3D Sensor market report and gather data from a wide range of primary and secondary sources.

Impact of COVID-19 on 3D Sensor Market

With the onset of COVID-19, there has been a significant impact on the technology sector. Disruptions of electronic supply-value chain and raw material supply have adversely impacted the technology industry. However, there has been a positive impact on the industry with the adoption of remote working. Rapid focus on integrating digital techniques and big data analytics in IT services and technology industry are expected to result in a healthy outlook.

FMI’s recently published report has a chapter exclusively dedicated to COVID-19 impact analysis. This is intended to aid 3D Sensor market stakeholders in deploying innovative strategies to overcome the challenges that are likely to affect the 3D Sensor market.

Market Competition

Some of the key participants present in the global 3D sensor market include Infineon Technologies AG, Cognex Corporation, LMI Technologies Inc., SOFTIKINETIC, Optima S.A., ifm Efector, Inc., Occipital, Inc., ASUSTeK Computer Inc. and Panasonic Corporation among others.

The global 3D sensors market is highly competitive in nature with leading market players constantly upgrading their product portfolios. They are aiming at developing innovative solutions that can even penetrate through sold obstacles like walls.

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3D Sensor Market: Drivers and Restraints

Global 3D sensor market is expected to witness lucrative growth during the forecast period. Factors which are driving the growth of global 3D sensor market are advancement into sensor technology due to constant R&D activity, increasing demand of 3D sensor equipped consumer electronics devices, growing consumer acceptance of wearable electronic devices, increasing demand of 3D sensing games and rising need of advanced security and surveillance camera. On the other hand, few factors are restraining the growth of global 3D sensor market such as lack of product differentiation, heavy maintenance cost and limited manufacturing excellence. However due to various market opportunities such as developing retail and media applications and integration of nanotechnology with 3D sensors in a range of application is expected to boost the global 3D sensor market.

Key Segments Profiled in the 3D Sensor Industry Survey

Product Type:

  • Position Sensors
  • Pressure Sensors
  • Image Sensors
  • Temperature Sensors
  • Others

Technology:

  • Structured Light
  • Ultrasound
  • Stereo Vision
  • Time of Flight Technology

Application:

  • Consumer Electronic Application
  • Medical Application
  • Automotive application
  • Industrial Application
  • Media & Entertainment Application
  • Aerospace & Defence Application
  • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

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Screw Air End Market Will Surpass US$ 4 Bn in 2022 As Demand for Oil-Free Compressors Bolsters – Future Market Insights, Inc.

The screw air end market is anticipated to grow annually by 3.4% in 2022 and be valued at roughly US$ 4 Billion. One of the key trends that is anticipated to drive market sales is the growing adoption of oil-free screw air compressors as automation trends gain traction.

Demand is anticipated to rise at a 4.5% CAGR from 2022 to 2032. According to FMI, the global screw air end market accounts for roughly 10.1% of the market for air compressors.

Growing demand for technologically advanced and improved compressors is expected to boost sales in the market. Users switch to newer equipment when the technology underpinning screw air end compressors progresses. New and enhanced technology provides better performance, simplicity of use, and total cost reduction. Screw air end compressor owners are required to repair their equipment regularly.

In emerging economies, industrialization has propelled sales of rotary and reciprocating air compressors. Screw air end compressors are being deployed in cities across Asia, Africa, and South America by an increasing number of manufacturers.

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China, India, and South Africa are some of the most lucrative markets for screw air end compressors on the back of rapid industrialization and urbanization. Screw air end compressors are emerging as ideal equipment for automated industrial processes.

Manufacturers are expanding their product lines with new screw air end compressors. These air compressors are designed to be extremely energy efficient; oil-injected screw air end compressors may cut energy usage by up to 50%.

This endeavour improves the compressor’s efficiency by 15%, and it’s meant to take up less space, generate less noise, and give 12 per cent more free air than prior models.

In the Global Screw Air End market categorized based on Technology, the “Stationary” have relative importance than others due to heavy usage in most applications. Stationary compressors are then divided into two segments oil-lubricated and oil-free.

Stationary air compressors are a great option for home or professional shops that don’t need the unit to move. Electric variants are especially popular since they require less maintenance, are suitable for indoor usage, and are quieter than gasoline-powered models.

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“Rising adoption of oil-free compressors, along with the growing impact of industrial automation across emerging economies will augment the growth in the market over the forecast period,” says an FMI analyst.

Leading Companies Profiled in Screw Air End Market are

  • Atlas Copco
  • Ingersoll Rand
  • Hitachi Ltd.
  • KOBELCO (KOBE Steel)
  • KAESER
  • IHI Rotating Machhinery
  • Anest IWATA
  • Fusheng
  • Eaton Compressor
  • ELGi
  • Howden
  • Rotorcomp Verdichter GmbH

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Key Takeaways:

  • Based on technology, the stationary compressors segment will create an absolute dollar opportunity of US$ 2 Bn over the forecast period.
  • By end-use, the oil and gas sector will offer an absolute dollar opportunity of US$ 431.6 Mn over the assessment period.
  • Sales in the U.S. screw air end market are forecast to grow at a 3.3% CAGR through 2032.
  • India will emerge as a lucrative market, with total sales surpassing US$ 358.9 Mn by 2032.

Global Screw Air End Market by Category

By Capacity:

  • Up to 5HP
  • 5 to 25HP
  • 25 to 50HP
  • 50 to 150HP
  • 150 to 300HP
  • 300 to 500HP

By Technology:

  • Stationary
    • Oil Lubricated
    • Oil-Free
  • Portable
    • Oil Lubricated
    • Oil-Free

By Stage:

  • Single Stage
  • Two-Stage
  • Multi-Stage

By Driver Type:

  • Liquid Driven
  • Gas Driven
  • Electric

By Type:

  • Belt Drive
  • Gear Drive

By End-Use:

  • Oil and Gas Industry
  • Chemical Industry
  • Energy and Transmission
  • Automotive and Aerospace
  • Mining and Minerals
  • Other Manufacturing Industry

By Region:

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

Competitive Landscape

The screw air end market is consolidated with leading players acquiring around 55% to 65%  of the total market share. These players are likely to invest in new technology developments and expansion of their distribution networks to maintain their market presence.

Some of the key players in this industry include Atlas Copco, Ingersoll Rand, KOBELCO, Hitachi, KAESER, IHI Rotating Machinery, and others.

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Near Field Communication (NFC) Market is Exhibiting Growth at a CAGR of 15% from 2022 to 2032 | FMI

The global near field communication (NFC) market is expected to generate an absolute dollar opportunity of US$ 19 billion by the end of 2022. NFC sales are expected to reach US$ 44.7 billion by 2032, growing at a CAGR of 15% between 2022 and 2032. The market is expected to be driven by increased application in the automotive and contactless payment sectors.

NFC is a wireless technology that is used for short-range wireless communication techniques that allow devices to share information within a 4cm radius. NFC technology enables the exchange of small data payloads or the establishment of a connection between two Android-powered devices or between an NFC tag and an Android-powered device.

Near Field communication (NFC) is a wireless communication technology. NFC is a short range communication technique that allows devices to share information. NFC has emerged as an effective alternative to other short range communication technologies, such as Bluetooth and WiFi. In NFC technology, radio communication is established between devices by touching them simultaneously or by bringing them into proximity. Market share of NFC technology is growing rapidly because of increasing adoption of this technology into smartphones and smart cameras.

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NFC Market Dynamics

NFC technology is gaining popularity because of its various advantages such as safety, versatility and convenience. NFC is much more secure for transaction than other techniques as it requires PIN and does not provide physical access of your credit card information to retailers. Versatility refers to a wide range of industrial applications of NFC. NFC is very convenient as it is easy to use and NFC enabled devices can be carried anywhere without much hassle. As stated earlier, NFC technology has wide range of application, such as contactless payments, information sharing, information reading from smart posters and also for providing authentication of information whenever required.

Global Near Field Communication (NFC) market share is expected to grow rapidly in the near future. Factors which are driving the growth of NFC market are increasing deployment of NFC in the booming smartphones and smart camera market, increase in contactless payments, improved user experience and reduction in size and cost of semiconductor chips. On the other hand, factors which are restraining the growth of NFC market are security concerns due to hacking of smartphones, PCs or tablets etc. devices, short range communication, strong competition to NFC from alternative payments methods, high development cost, and lack of consumer awareness about potential benefits of NFC technology. NFC technology is anticipated to be used in a host of applications in the future due to the increasing demand of online and in store payments in retail store, increasing demand of connectivity between devices for information and data sharing.

Impact of COVID-19 on Near Field Communication (NFC) Market

The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.

The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Near Field Communication (NFC) Market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

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Market Competition

Some of the leading players in the near field communication market are Gemalto N.V., DeviceFidelity, Inc., Visa Inc., Broadcom, Inc., STMicroelectronics N.V., Toshiba Corp., Samsung Electronics Co. Ltd., Identive Group, Inc., NXP Semiconductor, Infineon Technology, and On Track Innovation Ltd.

Attributed to the presence of such high number of participants and growing research and developments (R&D) activities for innovation in NFC technology, the market is highly competitive.

Key Segments Profiled in the NFC Market Survey

By Product Type:

  • Non-Auxiliary Products
  • Auxiliary Products

By Application:

  • Contactless Payment
  • Data Sharing
  • Infotainment
  • Access Control and Authentication
  • Medical & Healthcare
  • Transportation

By Region:

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

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Artificial Urinary Sphincter Market: Global Industry Analysis, Share, Growth, Trends and Forecast 2022-2032

Artificial urinary sphincter is a device which is composed of silicone rubber that is preferred for the treatment of urinary incontinence. Urinary sphincter is a muscle which controls the flow of urine through your bladder. Artificial urinary sphincter (AUS) is used to control the flow of urine and is most commonly used in men.

It is designed to supplement the function of natural urinary sphincter which restricts the urine flow out of bladder. Artificial urinary sphincter is an implantable, fluid-filled, solid silicone elastomer device. Artificial urinary sphincter is a standard treatment for male stress urinary incontinence, it is preferred as it provides discrete bladder control.

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Artificial Urinary Sphincter Market: Dynamics 

Artificial urinary sphincter market is primarily driven by a few key factors such as the heavy reliance of patients on time-tested products and the increasing advancements in artificial urinary sphincter, new product launches, and preference of safe and effective solutions by the patient group. In addition to this artificial urinary sphincter market also observes significant growth due to increasing healthcare expenditure in developing countries.

Artificial urinary sphincter market gains a great drive owing to faster patient recovery after the procedure. Artificial urinary sphincter market is driven by the increasing incidence of urine incontinence and growth in geriatric population across the globe. Artificial urinary sphincter market, however, leads to high treatment costs which limit the usage of artificial urinary sphincter in the healthcare industry.

The increasing number of prostate surgeries in men also leads to urinary incontinence resulting as one of the growth factor for artificial urinary sphincter market.

Artificial urinary sphincter market is also associated with a significant number of risks regarding injury to the urethra or bladder during the placement of device which restricts the adoption among patients, device infection or persistence stress, and other side effects due to infections. Additionally recurrent cases of device failure has resulted in loss of market share for manufacturers.

Artificial Urinary Sphincter Market: Region-wise Outlook 

Based on geography, the artificial urinary sphincter market is segmented into seven major regions: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia-Pacific without Japan and Middle East & Africa. At present, North America holds a leading position in the artificial urinary sphincter market followed by Europe.

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North America market is driven by the regulations of the U.S. Food and Drug Administration. Following North America, Easter European countries are also anticipated to show steady growth in the artificial urinary sphincter market. In the next few years, Asia-Pacific would show remarkable growth in the artificial urinary sphincter 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 artificial urinary sphincter market in Asia-Pacific are rising healthcare infrastructure and rapid development of the healthcare infrastructure across the Asian countries. Artificial urinary sphincter market would evolve at a rapid rate across the regions. However, North America would maintain its position in the overall artificial urinary sphincter market.

Artificial Urinary Sphincter Market 

Key Players 

Over the due course of time, the market for artificial urinary sphincter has observed high influx of well-established players. Some of the top players operating in the artificial urinary sphincter market are Boston Scientific Corporation, RBM – Reinhard Becker Medizinprodukte, ZSI, Zephyr Surgical Implants, Silimed Medical Devices, GT Urological LLC among others. Artificial urinary sphincter market has presence of many regional players and multi-national players which have a significant market share in developed economies and emerging countries.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, grade, form and applications.

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The report covers exhaustive analysis on 

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

Regional analysis includes 

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest Of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
  • Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)

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.

Artificial Urinary Sphincter Market: Segmentation 

Artificial Urinary Sphincter Market is segmented on the basis of end users, and regions.

Artificial urinary sphincter market is segmented on the basis of various end users:

  • Hospitals
  • Clinics
  • Academic and Research Institutes

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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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3D Laser Scanner Market is Projected to Grow at a CAGR of 7.8% from 2022 – 2032

In 2022, the global 3D Laser Scanner market is expected to be worth $1,587.2 million. The demand for 3D laser scanners is expected to increase over the forecast period due to their increasing application in several end industries such as automotive, construction & architecture, and aerospace & defence. Overall demand for 3D laser scanners is expected to grow at a 7.8% CAGR between 2022 and 2032, reaching approximately US$ 3,378.4 million by 2032.

The rapid advancement of technology in practically every industry has made the 3D laser scanner one of the most revolutionary aspects of today’s world. These modern 3D laser scanners are enhanced to deliver accurate and dependable data of an object in order to build point cloud data of correct shape and size in the computer world. It has been noticed that the need for 3D scan-to-print solutions has surged as a result of rising innovation for a variety of applications, which is predicted to transform the design to the manufacturing process.

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Over the projection period, the incorporation of non-contact features presents considerable prospects for the 3D laser scanner market. The advantages of using a 3D laser scanner for measuring fragile objects and detecting huge numbers of points in a short amount of time are significant. The 3D laser scanner’s non-destructive technology makes it a useful tool for CGI creation, improved visual effects, real-world location scanning, enhanced virtual reality (VR), and augmented reality (AR), among other things.

many industries in entertainment and media are focusing to adopt 3D laser scanners to develop video games which are expected to boost 3D laser scanner market for present budding trend of play stations as a vital component in gaming. This results to fuel the growth for 3D laser scanner market worldwide.

3D Laser Scanner Market: Market Dynamics
one of the most dynamic factor for the growth of 3D laser scanner market is the freedom of movement integrated in the product. It is the most reliable technology to offer real time visualization and higher degree of accuracy than other alternatives available in the market. Such adoption of innovative technology in many companies despite of industry domain is expected to drive 3D laser scanner market in near future.

Countries like the US are likely to adopt 3D laser scanners system to analyze the crime scenes. A recent demonstrations were held in the state of Nevada where 3D laser scanner tools were used to help investigators solve crimes that involves firearm trajectory. Moreover to this, mini artificially intelligent vehicles called 0–R3 are expected to be seen on the Dubai streets for patrolling and security purpose. The vehicle will be embedded with a deployed drone 3D laser scanners slam technology to search criminals, vehicles and detect possible bombs up to 330 feet distance.

3D laser scanners are becoming one of the necessary facet in the world of construction. With the latest technologies, Objective of collecting topography details at locations that human cannot access through Internet of Things (IoT) and can be achieved by 3D laser scanner. Such demand to increase automated workflow accustomed with less risk of human error is expected to drive 3D laser scanners market during the forecast period.

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3D Laser Scanner Market: Segmentation

3D Laser Scanner market can be segmented on the basis of product type:
Tripod Mounted
Fixed CMM based
Portable CMM Based
Desktop

Automotive antenna module market can be segmented on the basis of offerings:
Hardware & Software
After Services

Automotive antenna module market can be segmented on the basis of frequency range:
Low range
Medium range
High range

3D Laser Scanner market can be segmented on the basis of application:
Reverse Engineering
Quality Control and Inspection
Virtual Simulation
Face Body Scanning
Rapid Prototyping
Others

3D Laser Scanner market can be segmented on the basis of end use industries:
Automotive
Health Care
Aerospace & Defense
Architecture & Construction
Energy & Power
Tunnel & Mining

3D Laser Scanner market: Region wise Outlook
In terms of geographic divisions, the Americas is expected to account for major share in 3D laser scanner market over the forecast period. It is chiefly attributed due to the amplified adoption of 3D laser scanners in cameras to investigate fatal road accidents in this region. Also, some of the popular companies are expected to adopt 3D laser scanners in front cameras of mobile phones for improved selfies, facial recognition, and iris scanning. European nations are anticipated to hold vital opportunities owing to the use of 3D laser scanner technology in paleontology field. The researchers are using this technology to study interaction of plants and extinct animals of in Jurassic period.

The emerging economies in APEJ and MEA are expected to show potential opportunities in 3D laser scanners market with its growing application in surveying at upcoming onshore and offshore projects, pipelines and subsea models and etc.

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3D Laser Scanner Market: Players
Some of the players in automotive antenna module market are listed below:
Basis Software, Inc
FARO
Hexagon AB
Proto3000 Inc.
Laser Design
Shape Grabber Inc.

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Bedless Hospitals Market Trends | Segmentation, Regional Outlook, Industry Report to 2022-2032

The number Hospitals in a region reflects healthcare system of the region. As in the modern days the patients are coming with very less time and the increasing populations increases the demand of bedless hospitals. The increasing prevalence of various diseases has led to adoption of advanced, efficient and cost-effective treatments and therapies. Shift of inpatient volume to cost-effective.

Bedless hospitals has significantly increased, thus resulting in increasing value share of bedless hospitals globally. Bedless hospitals are categorized as hospital based treatment centers and freestanding centers. Various diagnostic and surgical procedures performed in bedless hospitals include ophthalmology, gastroenterology, urology, neurology and some others.

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Bedless Hospitals Market: Drivers and Restraints 

Bedless hospitals market have a significant growth over the forecast period, as the populations is increasing, cost-effective treatment and others factor to provide better treatment in short duration. Players such as Montefiore Medical Centre in New York City, is the working as bedless hospitals to treat the patients.

For instances, in September 2015, DMC (Tenet Healthcare’s Detroit Medical Centre), USA, open with ED, ORs, and department servicing for neurology, cardiology and oncology—which is a bedless hospitals and use of advance medical technology to treat the patients.

Technology advancement is also the major contribution to increase the bedless hospitals numbers in the globe. The lack of healthcare expenditure, declining reimbursements and others factors are the hindrance of the market.

Bedless Hospitals Market: Overview 

Bedless Hospitals market is primarily driven by increasing prevalence of chronic diseases and ageing population worldwide. This has resulted in increase in the number of outpatient admissions in bedless hospitals.

Other factors that led to the growth of the bedless hospitals are increasing number of cataract and refractive errors such as myopia observed in younger population and increasing inclination towards LASIK (Laser-assisted in-situ keratomileusis) procedures.

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Bedless Hospitals Market: Region-wise Outlook 

Geographically, Bedless hospitals market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, Middle East and Africa. North America has the major market for bedless hospitals as the healthcare expenditures are higher than the other regions, populations are more aware about the health.

Europe and Asia Pacific are the growing market for bedless hospitals as the healthcare expenditures are increasing and the introduction of new medical technology is also increasing.

Bedless Hospitals Market: Key Players 

Some of the players in bedless hospitals market include: Healthway Medical Group, AmSurg Corp., Medical Facilities Corporation, HCA Holdings Inc., Tenet Healthcare, Surgical Care Affiliates Inc., Surgery Partners, Community Health Systems, Inc. and Vision Group Holdings.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on 

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

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
  • 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.

Bedless Hospitals Market: Segmentation 

Bedless Hospitals based on Centers Type 

  • Single Specialty Centers
  • MultiSpecialty Centers

Bedless Hospitals based on Services 

  • Diagnostic Services
  • Surgical Services

Bedless Hospitals based on Specialty Area 

  • Gastroenterology
  • Ophthalmology
  • Orthopedics
  • Pain/Neurology
  • Urology
  • Dermatology
  • 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 10-years.

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RFID Kanban Systems Market registering 18.1% CAGR during the forecast period-FMI

The size of the RFID Kanban Systems Market is expected to reach US$ 1.6 billion in 2022, according to Future Market Insights (FMI). Sales are anticipated to grow at an impressive 18.1% CAGR, reaching US$ 8.4 billion by 2032, thanks to a positive demand outlook.

The demand for RFID Kanban Systems is anticipated to rise significantly due to the quick growth in demand for smart healthcare and inventory management systems.

The COVID-19 pandemic has created new difficulties for businesses. Retailers are under pressure to take quick actions like returning workers, reassigning them, and shielding customers and staff members from health and safety risks.

Radio Frequency Identification (RFID) has been widely adopted across a wide range of applications as technology has advanced. RFID also has a lot of other advantages, such as batch reading, information processing, resistance to harsh environments, and data storage.

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As data is stored in the cloud, it can be accessed in real time to improve stock accuracy, replenishment, and product availability. Cloud services can improve productivity and accuracy throughout the entire supply chain, making warehouse employees, IT experts, and other critical members of business more efficient.

Industry leaders will continue to develop new ways to take advantage of RFID Kanban system features beyond materials and technology. These systems will become increasingly valued as more than just tags, providing integrated solutions encompassing a wide range of applications and platforms.

Key Takeaways:

  • Growing demand for restocking of products the demand for RFID box segment to grow at a CAGR of 17.5% during the forecast period
  • The U.S. market is expected to reach US$ 3 Billion by 2032, growing at a CAGR of 17.9% by the forecast period.
  • Growing demand for automation businesses in China are expected to grow at a CAGR of 17.4% from 2022-2032.
  • Multi-Bin RFID Kanban Systems is expected to grow at a CAGR of 17.9% during the forecast period.
  • A growing demand for inventory management of drugs in Japan is projected to drive market growth at a CAGR of 16.2% during the forecast period.

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“Supply chain and inventory management using cutting-edge technology and AI will pave the way to a better future for prominent RFID kanban systems manufacturers, leading to enhanced market growth,” remarks an analyst at FMI.

RFID Kanban Systems: Competitive Landscape

New technologies and increasing technological innovations in the market will benefit manufacturers. Strategic partnerships can allow a company to expand its operational capabilities. Business expansion can be made smarter and more dynamic to reduce security breaches and power outages.

  • In December 2021, InvoTech Systems, Inc., a leader in trusted identity solutions, was acquired by HID Global, a worldwide provider of trusted identity solutions. As a result of the acquisition, HID Global’s RFID portfolio grows even further to provide a comprehensive range of advanced textile inventory management solutions for uniforms, linens, and laundry operations.
  • In April 2022, Chipotle Mexican Grill is going to test radio-frequency identification (RFID) technology in nearly 200 of their restaurants and distribution center in Chicago. This test has been developed in collaboration with the RFID Lab at Auburn University. In order to enhance inventory and traceability, the company plans to utilize the technology. With this new technology, Chipotle will be able to respond quickly to concerns about food safety and quality.

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More Valuable Insights Available

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

The study reveals essential insights by type (Single Bin RFID Kanban System, Multi-Bin RFID Kanban System), by Component (RFID Box, RFID Base, RFID Shelf/Cabinet, Electronic Shelf Displays, Others), By Application (Supply Chain Inventory Management, Equipment Identification, Track, and Trace Solution, Others) & By Region (North America, Europe, Asia Pacific, Middle East, and Africa, Latin America.

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About Future Market Insights (FMI)

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

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Industrial Cybersecurity Market is Anticipated to Record a CAGR of 7.7% from 2022 to 2032 | FMI

During the forecast period, the industrial cybersecurity market is expected to grow at a 7.7 percent CAGR (2022 – 2032). The global industrial cybersecurity market is expected to be worth $20.7 billion in 2022, rising to $43.5 billion by 2032.

The industrial cyber security market is anticipated to grow at a CAGR of 7.7 percent, from USD 20.7 billion in 2022 to USD 43.5 billion in 2032, according to the excellent report from FMI. the factors that are fueling the power industry’s increased demand for industrial cyber security products.

The pandemic caused chaos in the global economy at the start of 2020, causing unprecedented chaos and disruption for organizations and individuals all across the world. The pandemic has resulted in the introduction of a work-from-home option for most employees, posing operational issues for enterprises.

The Internet of Things has made it much easier to do difficult activities and has eased the lives of millions of people. It provides a new approach for contemporary companies to handle, store, and process data in the cloud and data centers.

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Customers, businesses, and communication service providers all interact differently because too smart gadgets. They’ve made it possible to automate and adapt many company procedures. The rising use of smartphones throughout the world has resulted in an increase in the number of networked devices that run on many platforms.

Owners of industrial companies and their personnel underestimate the present and impending possible risks in the industrial control systems environment due to the relative rarity of targeted assaults against automation systems and the excessive dependence on safety measures.

Synthetic assaults are guarded against by industrial control systems. As a result, security goods and software solutions are developed without addressing new risks or the nature of future assaults, as well as without a full analysis and examination of the current threat environment. As a result, real-world dangers are undervalued.

Modern security technologies are used in the industrial sector to prevent cyber-attacks, but attackers create new strategies and processes to get around them. Investments in security defence and detection technologies aid in the development of successful defensive plans, yet, one of the most common causes of breaches is human mistake.

These mistakes occur as a result of employees’ lack of understanding, putting the industrial sector at risk. Advanced cyber-attacks vary in design, but they always target specific network weaknesses and exploit them to get access to company networks. Advanced cyber threats have risen dramatically in recent years, becoming a serious security problem for the industrial sector.

Employee training should be regarded as equally important to properly safeguard industrial facilities from cyber-attacks or cyber threats, in addition to adopting appropriate hardware and software-based security technologies.

In the absence of understanding of the related hazards, every employee who is a member of an organisation constitutes a threat to security. As a result, cyber security training is essential for personnel to comprehend, anticipate, and avoid future dangers before they become more serious. The staff will also be able to implement safe business practices at work as a result of the training.

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North America is expected to have a significant industrial cyber security market share. Significant industrial cyber security market players are mostly responsible for the region’s progress. The North American industrial cyber security market is predicted to rise as key companies increase their investment to extend their global footprint.

During the anticipated period, Asia Pacific is expected to increase at the fastest rate. The adoption of cloud-based security software is a priority for major players. In the manufacturing industry, these nations have a large number of SMEs and startups.

Throughout the forecasted period, Europe is expected to increase at a significant rate. The rise in investment for the expansion of secure IT infrastructure throughout the automotive industry is largely responsible for the region’s success.

KEY TAKEAWAYS:

  • The hardware solutions from the industrial cyber security market are expected to grow at the fastest CAGR of 7.1% in the component sector.
  • Discrete industry is expected to grow at a high rate in the end-use sector of the industrial cyber security market, with a CAGR of 7.6%.
  • The market size for industrial cyber security in the United States is expected to reach US$ 9.7 Billion by 2032, growing at a CAGR of 7.3% during the research period.
  • UK is expected to reach a market size of US$ 2.6 Billion in the industrial cyber security market by 2032, with a CAGR of 7.7% during the research period.
  • China’s industrial cyber security market is expected to be worth US$ 3.2 Billion by 2032, with a CAGR of 9.1% over the forecast period.
  • Japan is expected to have a market size for the industrial cyber security of US$ 2 Billion by 2032, with a CAGR of 9.2% during the research period.
  • By 2032, India is expected to reach a market size of US$ 2.6 Billion in the industrial cyber security market, with a CAGR of 9.3% during the research period.

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Key Segments

By Component:

  • Hardware Solutions
  • Software Solutions
  • Services

By Security Layer:

  • Network Security
  • Endpoint Security
  • Application Security
  • Cloud Security
  • Wireless Security
  • Others

By End-User Industry:

  • Process
    • Oil and Gas
    • Chemical
    • Food and Beverages
    • Energy and Power
    • Other (Water, etc.)
  • Discrete
    • Automotive
    • Electronics
    • Heavy Manufacturing
    • Packaging
    • Others (Aerospace and Defense, etc.)

About Us

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

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Angiographic Catheters Market: Worldwide Industry Analysis and Key Values, New Market Opportunities Explored By 2022-2032

Angiographic catheter is used in the angiographic procedures. The angiographic catheters provides therapeutic agents and radiopaque media to the selected sites in vascular system. In addition, the angiographic catheter is also used to lead a guide wire to the targeted site. Angiographic catheters is used for the treatment of cardiac diseases.

The thin wall structure of the catheter allows the flow rate up to 23 ml/sec (saline). Angiographic catheters are basically made from the polyamide, polyethylene, polyurethane, and polytetrafluoroethylene. The silicone coated urinary catheters are being served as the reference standards. Angiographic catheters are available in different shapes.

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An angiographic catheters have only one end hole. The use of an angiographic catheter helps to combine the diagnosis and treatment in a single procedure. Angiographic catheters produces a very clear, detailed and accurate pictures of the blood vessels. The angiographic catheters also eliminates the need of any surgery. Angiographic catheters are medical devices which are is specifically used for the diagnosis of a heart defect or of the central circulatory system.

Angiographic Catheters Market: Drivers and Restraints 

The increasing incidence of cardiac vascular diseases (CVDs) and rise in demand of accurate diagnosis and procedural equipment’s in global healthcare sector is increasing the demand for angiographic catheters and will lead to the growth of the global angiographic catheters market.

In addition, increase in ageing population and lifestyle changes leading to hypertension, obesity, and other risk factors that lead to vascular disorders, is expected to propel the growth of the angiographic catheters market. However, high cost of angiographic procedures and other components may hamper the growth of the global angiographic catheters market.

Furthermore, the availability of alternative therapies, and complications associated with angiographic catheters can restrain the growth of the global angiographic catheters market.

Angiographic Catheters Market: Overview 

The global market for angiographic catheters is expected to witness moderate growth over the forecast period due to increasing adoption of angiographic procedures. Angiographic catheter is a surgically invasive device which is intended for the transient use. The device is specifically used for the diagnosis of a heart defect or of the central circulatory system.

External factors such as increasing use of e-commerce and logistics services in developing and under developing economies are also increasing the market growth of angiographic catheters. Based on the product type, the global angiographic catheters market is segmented into scoring balloon catheters and cutting balloon catheters.

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Based on end user, the market is segmented into hospitals, ambulatory surgical centres, specialty clinics and others. Hospital segment holds the maximum market share for the angiographic catheters market.

Angiographic Catheters Market: Regional Outlook 

Geographically, global Angiographic Catheters Market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America is expected to dominate global angiographic catheters market over the forecast period due to the increasing incidences of cardio vascular diseases in this region.

Western Europe is expected to be the second largest market for angiographic catheters due to the increasing government support for people undergoing coronary angioplasty through reimbursement and thus increasing the adoption of angioplasty catheters in the region. Asia Pacific market is expected to experience delayed growth due to unawareness towards use of angiographic catheters and low disposable income.

Angiographic Catheters Market: Key Players 

Some of the players identified in global angiographic catheters market include AngioDynamics, Inc., Terumo Europe NV, Medtronic, Merit Medical Systems, Inc., OSCOR Inc., B. Braun Melsungen AG, Cardinal Health,  InSitu Technologies Inc., BVM Medical Limited, Precision Extrusion Inc., Cardiva, C. R. Bard, Inc., Boston Scientific Corporation  and others. During the recent years, manufacturers have improved the surface properties of angiographic catheters.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on 

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

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
  • 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.

Angiographic Catheters Market: Segmentation 

Tentatively, global angiographic catheters market has been segmented on the basis of product type, end user, and geography.

Based on product type, global angiographic catheters market is segmented as below: 

  • Scoring balloon catheters
  • Cutting balloon catheters

Based on end user, global angiographic catheters market is segmented as below: 

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty clinics
  • 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 10-years.

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Antimicrobial Coated Medical Devices Market Current Scenario Trends and Regional Forecast to 2022-2032

Pathogens are the leading cause of the healthcare associated infections (HAIs) which pose an ongoing and increasing challenge to the healthcare industry for clinical treatment and avoiding cross contamination of the pathogens. In 2011, a survey conducted by the Centers for Disease Control and Prevention (CDC) for healthcare associated infections (HAIs), stated that about 722,000 cases of infections were recorded which resulted in around 75,000 patients died during their hospital stays.

The increasing awareness about the nosocomial infections i.e. hospital-acquired bacterial and microbial infections led to the demand of the antimicrobial coated medical devices and expected to be the growth opportunity for the market.

The antimicrobial coating is considered as a powerful weapon against the healthcare associated infections. The antimicrobial coating features a highly effective viable antimicrobial coating and modifications precisely dosed and delivered right from the surface of the medical device. Antimicrobial coating targets reduction of accumulation on biomedical devices through changing interfacial characteristics.

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The antimicrobial coating is advantageous to eliminate the infections and lower down the risk of deadly diseases. It also reduces the shorter hospital stays and cost associated with the treatment.

The global antimicrobial coated medical devices market is expected to register a significant CAGR over a forecast period

The increasing use of the biocompatible material in medicinal technology leads to the risk associated with their prolonged applications and bacterial colonization, biofilm formation and development of hospital-acquired infections such as nosocomial infections are the major factors boost the demand for the antimicrobial coated medical devices and drives the growth of the global antimicrobial coated medical devices market.

The rising incidences of cardiovascular diseases and disorders and increasing applications of antimicrobial coated medical devices are also anticipated to propel the demand for the antimicrobial coated medical devices and drives the global market. The increasing research and development activities and innovations in the antimicrobial coating process also expected to bolster the growth of the global antimicrobial coated medical devices market. The advanced medical infrastructure and facilities also expected to propel the demand for antimicrobial coated medical devices, drives the global antimicrobial coated medical devices market over a forecast period.

However, the stringent rules and regulations, unfavorable reforms for the material and process used for antimicrobial coating for medical devices is the major factor hamper the growth of the global antimicrobial coated medical devices market. The limitations for the metallic coating such as silver coating and copper coating due to the antimicrobial resistance and the high cost related to the coating process also restrict the demand for the antimicrobial coating and restrain the growth of the global antimicrobial coated medical devices market over the forecast period.

On the basis of regional presence, the global antimicrobial coated medical devices market is segmented into five key regions: North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa.

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The North America is dominating and contributed the leading shares to the global antimicrobial coated medical devices market in terms of revenue and expected to register a significant growth over a forecast period due to the awareness and increasing preference of advanced antimicrobial coated medical devices over conventional procedures for the patient safety purpose. The Europe has also contributed the moderate shares and registered a healthy growth rate to the global antimicrobial coated medical devices market followed by North America.

The APEJ has become the lucrative market for antimicrobial coated medical devices and anticipated to register significant shares over the forecast period due to the increasing demand of antimicrobial coated medical devise and developing medical infrastructure in the region. The Latin America and MEA are at a nascent stage to the global antimicrobial coated medical devices market and expected to show a moderate growth over a forecast period.

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Antimicrobial Coated Medical Devices Market: Key Participants 

Some of the market players in antimicrobial coated medical devices Market globally include AST products, Inc., Covalon Technologies Ltd., BASF SE, Bio Interaction Ltd., Royal DSM, Sciessent LLC., Specialty Coating Systems, INc., Hydromer Inc., The Dow Chemical Company, Specialty Coating Systems and Biocote, PPG Industies, Inc.

The report covers exhaustive analysis on 

  • Global antimicrobial coated medical devices market segments
  • Global antimicrobial coated medical devices market dynamics
  • Historical actual market size, 2014 – 2016
  • Global antimicrobial coated medical devices market size & forecast 2017 to 2025
  • Global antimicrobial coated medical devices market current trends/issues/challenges
  • Competition & companies involved
  • Global antimicrobial coated medical devices market drivers and restraints

The regional analysis includes 

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

The global antimicrobial coated medical devices market is segmented on the basis of device type and type of coating material

On the basis of device type, the global antimicrobial coated medical devices market is segmented into: 

  • Catheters
  • Surgical instruments
  • Implantable devices
  • Others

On the basis of coating material, the global antimicrobial coated medical devices market is segmented into: 

  • Metallic coating
  • Silver coating
  • Copper coating
  • Other metal coating
  • Non-metallic coating
  • Polymeric coating
  • Organic coating

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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