Market Research Blog – Page 11299 – New Product Development

Satellite Modem Market Is Estimated To Develop At A Substantial CAGR For The Duration Of The Prediction

Satellite Modem are often used by the consumers that resides in area which is not within the close proximity of telecommunication companies and desired broadband access. So, these consumers are adopting satellite dishes for two way data exchanges. Moreover, the satellite Modem has wide application in military and defense industry for reliable, secured, and uninterrupted communication which is plays a vital role irrespective of weather condition.

Report Attribute	Details
Satellite Modem Market Value (2022)	US$ 450 Mn
Satellite Modem Market Anticipated Value (2032)	US$ 1,890 Mn
Satellite Modem Projected Growth Rate (2032)	15.4%

Satellite Modem Market: Drivers and Restraints

The rising demand for enriched high speed data communication is one of the major factor driving the satellite Modem market. These Modem has widespread usage, especially among mobile and telecom operators. Moreover, the rising demand for satellite communication in telecommunication industry for high speed secured connection is also turning to be the major factor driving the satellite Modem market in positive manner.

The enterprises are facing difficulties to meet the rising demand for high bandwidth application which is turning to be the major challenge faced by most of the vendors in satellite modem market.

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Global Satellite Modem Market: Competitive Landscape

Key Players

The major player operating in Satellite Modem market includes ORBCOMM INC, ViaSat Inc., Gilat Satellite Networks Ltd., Newtec Cy N.V., Datum Systems Inc., Teledyne Paradise Datacom NovelSat, Comtech EF Data Corporation., Advantech Wireless, and WORK Microwave GmbH.

Global Satellite Modem Market: Regional Outlook

On the basis of geography, Satellite Modem market can be segmented into seven key regions namely North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East & Africa.

Among various regions, the Satellite Modem market in North America is expected to dominate during the forecast period owing to the growing demand for satellite communication to make critical decisions that are based on video and voice communications in military applications. North America region is expected to be followed by Western Europe, Japan and APAC.

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.

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)

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Global Satellite Modem Market: Market Segmentation

Global Satellite Modem Market can be divided into three segments, on the basis of data rate, application, end-user and region.

Segmentation on the basis of the data rate for Satellite Modem Market as:-

High-speed data rate modem
Mid-range data rate modem
Entry level data rate modem

Segmentation on the basis of the application for Satellite Modem Market as:-

Mobile & Backhaul
Offshore Communications
Tracking and Monitoring
IP Trunking

Segmentation on the basis of the end-user for Satellite Modem Market as:-

Telecommunication
Marine
Military and Defence
Transportation & Logistics
Energy & Utilities
Mining
Oil & Gas
Others.

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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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Remote Home Monitoring Systems Market Revenue Growth To Be Driven By Increasing Demand Through 2022 And 2032: Future Market Insight

The market for remote home monitoring systems is projected to grow at a CAGR of 15.1% over the course of the forecast period, from US$20,351.5 Mn in 2022 to US$85,727.3 Mn in 2032.

Attributes	Details
Estimated Market Value (2022)	US$ 20,351.5 Mn
Forecasted Market Value (2032)	US$ 85,727.3 Mn
CAGR (2022-2032)	15.1%

Remote home monitoring systems controls home devices such as home appliances, lights, doors, windows, security alarms, utility meters, thermostats and others using in-built monitoring systems. The rapid increase of devices and smartphones combined with technological developments are also endorsing the implementation of home automation products that are capable of functioning at the push-of-a-button.

Remote home monitoring systems are integrated with mobile apps on android or windows and send alert and messages related to home security and aids in temperature control, lighting control, water leakage, and others. Additionally, due to an arrival of the high-speed internet and IoT adoption in smart homes has also broadened the use of remote home monitoring systems.

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Remote Home Monitoring Systems Market: Market Dynamics

Growing trend towards energy efficient, safe, luxurious and convenient residences and increase in consumer spending for lifestyle products are the drivers of remote home monitoring systems market.

Complexity in an integration of home automation system with devices, installation issues are the challenges for remote home monitoring systems market.

Global Remote Home Monitoring Systems Market: Competition Landscape

Few prominent players in Remote Home Monitoring Systemsmarket includeHoneywell International Inc., Ooma, Inc., IBM Corporation, SimpliSafe, Inc., General Electric Company, Bosch Security Systems, Inc.,Schneider Electric S.E., Tyco International Ltd, Nortek Security & Control, LLC., Control4 Corporation, Apple Inc., Google Inc., Samsung Electronics Co. Ltd, Visonic Limited, Siemens Corporation and LOREX Technology Inc.

Remote Home Monitoring Systems Market: Regional Outlook

North America is expected to dominate the remote home monitoring systems market owing to advancement in technology and adoption of home automation products. Asia-Pacific is projected to be the second-fastest-growing market with a significant CAGR followed by Western Europe and MEA regions in the forecast period.

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 includes projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology, and applications.

Regional analysis for Global Intelligent Vending Machines Market includes

North America Intelligent Vending MachinesMarket
- US & Canada
Latin America Intelligent Vending MachinesMarket
- Brazil, Argentina & Others
Eastern Europe Intelligent Vending MachinesMarket
Western Europe Intelligent Vending MachinesMarket
Asia Pacific Intelligent Vending MachinesMarket
Japan Intelligent Vending MachinesMarket
Middle East and Africa Intelligent Vending MachinesMarket

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

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Global Remote Home Monitoring Systems Market: Market Segmentation

Remote Home Monitoring Systems market segmented into sensors type, product, platform, operating systems, and region

Segmentation by sensor type in Remote Home Monitoring Systems market:

Motion sensors
Water sensors
Glass sensors
Door Sensors
Environmental Sensors
Others

Segmentation by product in Remote Home Monitoring Systems market:

Electronic and smart locks
Alarms
Security cameras
Security solutions
DIY home security

Segmentation by platform in Remote Home Monitoring Systems market:

Mobile
Desktop

Segmentation by operating system in Remote Home Monitoring Systems market:

Android
iOS
Windows

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Procure-To-Pay Solutions Market Assessment and Key Insights through 2032

The global procure-to-pay solutions market is forecasted to have a value of US$ 6,832.4 million in 2022. The market is predicted to increase noticeably over the forecast period, with a CAGR of 7.0%, reaching a value of US$ 13,430.4 million by 2032.

Report Attribute	Details
Procure-To-Pay Solutions Market Value (2022)	US$ 6,832.4 Million
Procure-To-Pay Solutions Market Anticipated Value (2032)	US$ 13,430.4 Million
Procure-To-Pay Solutions Market Projected Growth Rate (2022-2032)	7.0%

Procure-to-Pay Solutions are fully integrated solutions which are adopted by most enterprises in order to support end-to-end operational processes. This solution performs end-to-end activities from goods and services requisitions to uploading payable files at accounts receivable systems. Procure-to-Pay Solutions helps enterprises to create a planned structure for controlling enterprise operation in order to improve the efficiency and effectiveness of their enterprise’s overall process.

Procure-to-Pay Solutions is used for performing several functionalities of the enterprise such as enterprise resource planning (ERP), and customer relationship management (CRM). It also helps to manage banking financials, shipments data, and multiple supplier statements to payments and goods received.

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Procure to Pay Solutions Market: Drivers and Challenges

Cloud based unified procure pay solutions are turning to be the major factor responsible for significant growth of Procure-to-Pay Solutions market. Procure-to-Pay Solutions vendors offers spend categorization and planning capabilities in order to facilitate better planning and strategic sourcing capabilities by offering managed services.

Data- driven sourcing and better spend analysis are another major factors that are driving the growth of Procure-to-Pay Solutions market in positive manner. Moreover, it also offers strategic sourcing saving for minimizing total expenditure enterprise infrastructure.

Compliance with contract, policies and regulations are the major restraints faced by the vendors dealing in Procure-to-Pay Solutions market.

Procure to Pay Solutions Market: Key Players

Some of the key players of Procure-to-Pay Solutions market are: SAP SE, Zycus Inc., Infosys Limited, Bertelsmann SE & Co., Comarch SA, Ariba Inc., ProActis, and GEP.

Procure to Pay Solutions Market: Regional Overview

On the basis of geography, Procure-to-Pay Solutions market can be segmented into seven key regions namely North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East & Africa. Among various regions, Procure-to-Pay Solutions market in North America is expected to dominate during the forecast period owing tolarge adoption of Procure-to-Pay Solutions by BFSI industries. North America region is expected to be followed by Western Europe and APAC.

In Europe and Asia pacific region, the market of Procure-to-Pay Solutions is growing significantly owing to moderate adoption of Procure-to-Pay Solutions by small and medium enterprises for effectively managing overall enterprise operations.

The report covers exhaustive analysis on

Procure-to-Pay Solutions Market Segments
Procure-to-Pay Solutions Market Dynamics
Historical Actual Market Size, 2012 – 2016
Procure-to-Pay Solutions Market Size & Forecast 2017 To 2027
Supply & Demand Value Chain
Procure-to-Pay Solutions Market Current Trends/Issues/Challenges
Competition & Companies involved
Procure-to-Pay Solutions Value Chain
Procure-to-Pay Solutions Market Drivers and Restraints

Regional analysis for Procure to Pay Solutions Market includes

Procure-to-Pay Solutions Market by North America
Procure-to-Pay Solutions Market by Latin America
Procure-to-Pay Solutions Market by Western Europe
Procure-to-Pay Solutions Market by Eastern Europe
Procure-to-Pay Solutions Market by Asia Pacific
Procure-to-Pay Solutions Market by Japan
Procure-to-Pay Solutions Market by the Middle East and Africa

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Procure to Pay Solutions Market: Segmentation

Some of the enterprises are adopting managed services while implementing procure to pay solutions

Segmentation of procure to pay solutions on the basis of deployment:

On-Premise
SaaS

Segmentation of procure to pay solutions on the basis of Enterprise:

SMB
Large Enterprise

Segmentation of procure to pay solutions on the basis of End-use Industry:

BFSI
Healthcare
Oil & Gas
Telecommunication
Retail
Automotive
Others

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Programmable Logic Device (PLD) Market Size | COVID-19 Impact Analysis | Forecast to 2032

In 2022, the market for programmable logic devices is anticipated to grow to a size of US$ 5.5 billion. By 2032, the market for programmable logic devices is anticipated to grow to a value of US$10.3 billion at a CAGR of 6.3 percent.

Report Attribute	Details
Programmable Logic Device Market Value (2022)	US$ 5.5 Billion
Programmable Logic Device Market Anticipated Forecast Value (2032)	US$ 10.3 Billion
Programmable Logic Device Market Projected Growth Rate (2022-2032)	6.3%

Over the past few years, the programmable logic device has seen considerable modifications because of its increased flexibility, programmability, and reconfigurability capabilities. The field programmable logic device, commonly referred to as programmable logic, is used to create integrated circuits. The primary benefit of PLDs is their infinitely reprogrammable nature, which let end users create novel circuitry.

These can be constituted to execute a particular function by the user based on the requirements and reprogrammed on the same circuit which leads to low cost in designing and ease at integration. The programmable logic device enables intricate digital logic designs to be implemented by the user on a single device and is capable of being erased and reprogrammed with a new design for other function.

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Programmable Logic Device (PLD) Market: Market Dynamics

Rapid advancement in field programmable gate array (FPGAs) are increasing the demand for the programmable logic device. Re-programmability is the prominent factor as PLDs can be reprogrammed without being removed from the circuit board and low cost of design as it is implemented on a single device etc. are the drivers of programmable logic device (PLD) market.

On the other hand, factors such as complex design structure, power consumption and lack of standardized framework and workflows may act as a major constraint for programmable logic device (PLD) market.

Global Programmable Logic Device (PLD) Market: Competition Landscape

Few prominent players in Programmable Logic Device (PLD) market include Atmel Corporation, Xilinx, Inc., Altera Corporation, Lattice Semiconductor Corporation, Actel Corporation, QuickLogic Corporation, Cypress Semiconductor Corporation, NEC Corporation and Texas Instruments Incorporated.

Programmable Logic Device (PLD) Market: Regional Outlook

Programmable logic device is expected to hold largest share in North America followed by Latin America, Western Europe, APEJ and MEA region. North America dominance is attributed to the wide presence of key programmable logic device manufacturers. On the other hand, APEJ and Japan are expected to grow significantly as compared to the other region in programmable logic device (PLD) market.

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 includes projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology, and applications.

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The report covers exhaustive analysis on

Global Programmable Logic Device (PLD)Market Segments
Global Programmable Logic Device (PLD)Market Dynamics
Historical Actual Market Size, 2012 – 2016
Global Programmable Logic Device (PLD)Market Size & Forecast 2016 to 2027
Supply & Demand Value Chain for Programmable Logic Device (PLD)Market
Global Programmable Logic Device (PLD)Market Current Trends/Issues/Challenges
Competition & Companies involved in Programmable Logic Device (PLD)Market
Programmable Logic Device (PLD)Technology
Value Chain of Programmable Logic Device (PLD)
Global Programmable Logic Device (PLD)Market Drivers and Restraints

Regional analysis for the Global Programmable Logic Device (PLD) Market includes

North America Programmable Logic Device (PLD)Market
- US & Canada
Latin America Programmable Logic Device (PLD)Market
- Brazil, Argentina & Others
Eastern Europe Programmable Logic Device (PLD)Market
- Poland
- Russia
- Rest of Eastern Europe
Western Europe Programmable Logic Device (PLD)Market
- Germany
- Italy
- France
- UK
- Spain
- Nordic
- BENELUX
- Rest of Western Europe
Asia Pacific Programmable Logic Device (PLD)Market
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
Japan Programmable Logic Device (PLD)Market
Middle East and Africa Programmable Logic Device (PLD)Market
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa

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Global Programmable Logic Device (PLD) Market: Market Segmentation

Programmable Logic Device (PLD) market segmented based on product type, applications, logic block type, programming technology, and region.

Segmentation by product type in Programmable Logic Device (PLD) market:

Simple Programmable Logic Device (SPLDs)
Read-only Memory (ROM)
Programmable Logic Array (PLA)
Generic Array Logic (GAL)
Programmable Array Logic (PAL)
High Capacity Programmable Logic Device (HCPLDs)
Complex Programmable Logic Device (CPLDs)
Field Programmable Gate Array (FPGAs)

Segmentation by logic block type in Programmable Logic Device (PLD) market:

Look-up Table
Multiplexer-based
PLD Block
NAND Gate
Multiplexers and Basic gates
Transistor pairs and Multiplexers

Segmentation by programming technology in Programmable Logic Device (PLD) market:

EPROM (UV Erasable)
Static RAM
EEPROM
Anti-Fuse
Flash

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Ammonia Testing Market Growth Analysis, Opportunities, Trends, Developments, And Forecast to 2029

This Ammonia Testing market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Ammonia Testing market.

Ammonia Testing is done to detect the elevated level of ammonia in the blood. Elevated level of ammonia in the blood causes severe liver and kidney disease. Ammonia testing also helps to determine the diagnosis of rare genetic disorders. In the majority of the cases, ammonia testing plays important role in the kidney and liver function testing. For brain disorders, ammonia testing is considered as a key factor for both structural and functional abnormalities. Such kind of abnormalities can explain the neuropsychiatric dysfunction. For the ammonia testing blood withdrawn from the vein in our arm only. Ammonia testing help to interpret the results with altered mental status. The normal level of the ammonia in the blood are 10-80 mcg/dL or 6-47 μmol/L. In the children, Reye’s syndrome is the most common syndrome indicating the ammonia level abnormality in blood. In such a cases ammonia testing plays the important role. Consumption of medicine such as olymyxin B, diuretics, valproic acid and methicillin can affect the results of ammonia testing.

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Ammonia Testing Market: Drivers and Restraints

Rising patient pool suffering from the acute and kidney failure may drive the ammonia testing market. People suffering from disorders like mental confusion, speech defects, and seizures may show the fueling growth for ammonia testing market. Disease conditions like Reye’s syndrome in children will show the additional demand of the ammonia testing. Liver function diagnosis test may show the propelling growth for ammonia testing market. Rising patient pool towards the liver cancer and hepatitis may show the lucrative growth for the ammonia testing market. In the world most of the young population suffering from neurological disorders, rising the population of the neurosis and psychosis expected to show the lucrative growth over the forecast period for the ammonia testing market. Awareness of the people about the blood gases related complications and liver cancer may show the stagnancy in the ammonia testing market.

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Ammonia testing Market: Key Players

Examples of some of the market participants in ammonia testing market identified across the value chain include Merck KGaA, Darmstadt, Mars Affiliates, Rakiro Biotech Systems Private Limited, Thomas Scientific, Woodley Equipment Company Ltd., EurolyserDiagnostica GmbH., Randox Laboratories Ltd., LTA S.r.l., Hach, and others.

The research report on ammonia testing market 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 on ammonia testing market provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on ammonia testing market:

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

Ammonia Testing Market: Segmentation

The global ammonia testing market is classified on the basis of indication, end user and region.

Based on indication, ammonia testing market is segmented into the following:

Kidney Disorders
Liver Disorders
Mental Disorders

Based on end user, ammonia testing market is segmented into the following:

Hospitals
Ambulatory Surgical Centers
Specialty Clinics

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Cardiac Ultrasound Systems Market Key Players : Hitachi, Ltd., Analogic Corporation, Toshiba Corporation, Esaote SpA, Samsung Medison Co. Ltd

The cardiac ultrasound systems market exhibited year-on-year growth of 5.9% in 2021, backed by introduction of mobile connectivity in handheld wireless cardiac ultrasound systems and growing preference for real-time imaging solutions among patients. Future Market Insights (FMI) states that cardiac ultrasound systems market revenue grew by 6% between 2016 and 2020. It is predicted that sales will increase at a CAGR of 5.0% between 2021 and 2031.

The World Health Organization (WHO) reports that more than 17 million people die from cardiovascular disorders globally each year. Rise in referrals to cardiologists due to complications and rapid technological advancements to make the existing cardiac ultrasound devices more compact and user-friendly will positively influence the market growth throughout the forecast period.

Growing preference for connected ultrasound systems for real-time diagnosis among patients marks a recent milestone, shaping the performance of cardiac ultrasound systems landscape.

The global cardiac ultrasound systems landscape is slated for positive growth prospects in the near future due to increasing efforts to develop stronger distribution channel and manufacturers switching to emerging countries to attain high return of investments.

Surge in number of specializations in imaging and radiological technology along with dramatically growing number of independent imaging centers will provide impetus to revenue growth in upcoming years.

Portable cardiac ultrasound systems are expected to exhibit remarkable market penetration in recent years, due to growing popularity of bedside ultrasonography among people.

Lack of favorable reimbursement and insurance policies along with high cost of equipment are impeding the sales of cardiac ultrasound systems, especially in developing economies.

Lack of adequate grants from government and requirement of high capital investments for installation of modern cardiac ultrasound systems will further hinder the market growth.

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Key Takeaways from FMI’s Cardiac ultrasound systems Market Study

North America cardiac ultrasound systems market will exhibit steady growth at 4.70% CAGR through 2031, driven by increasing demand for portable and attractive cardiac devices among cardiologists in U.S. and Canada.
European cardiac ultrasound systems market led by Germany, France, and Italy is forecast to grow at 5.30% CAGR during the forecast period. Rise in growth can be attributed to increasing government spending on healthcare and presence of top manufacturers in the region.
Increasing cases of cardiovascular and lifestyle diseases in India will drive the demand for cardiac ultrasound systems in the country.
In 2021, Japan and South Korea are estimated to account for 20% and less than 4% share respectively of the Asia Pacific cardiac ultrasound system market. Rising geriatric population and increasing popularity of online sales are key growth drivers in these countries.
By product type, hand-held ultrasound systems sales are projected to surpass the market valuation of US$ 2,300 Mn at a CAGR of 6.5% in 2021. Integration of 4D imaging technology and internet of things (IoT) will drive the market growth of this segment.

Who is Winning?

Future Market Insights presents analysis on the key trends affecting the cardiac ultrasound systems market and discusses the strategies adopted by market players to strengthen their position. It estimated that the cardiac ultrasound systems market is dominated by GE Company, Fujifilm, Holdings Corporation, Siemens AG, Koninklijke Philips N.V., Toshiba Medical System Corp., Hitachi Medical Corp., and Esaote SpA as they hold majority of market share in 2021.

Leading market players are focusing on strategic merger, acquisitions, and partnerships to expand their product portfolio. Smaller players are concentrating on strengthening their value chain to gain significant market share, says FMI.

In order to cater growing the patient pool with cardiovascular diseases and high demand for non invasive diagnostics, manufacturers are focusing on new product development.

In 2020, Siemens Healthineers India launched new ACUSON redwood ultrasound system at Gandhinagar. This advanced system precisely detects lesions and characteristics. It is installed with artificial intelligence (AI) powered tools to reduce the exam burden and improve efficiency.

In 2018, Philips introduced new cardiac ultrasound solutions “EPIQ CVx” equipped with anatomical intelligence which offers customized applications for diagnostic, pediatric and interventional echocardiography. EPIQ CVx has faster data processing, high quality imaging, and automated quantification and tailored exam tools developed to assist cardiologists in delivering better care.

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Prominent players operating in the cardiac ultrasound systems market are:-

Hitachi, Ltd.
Analogic Corporation
Toshiba Corporation
Esaote SpA
Samsung Medison Co. Ltd
FUJIFILM Holdings Corporation
Mindray Medical International Ltd.
GE Healthcare

More Insights on the Cardiac ultrasound systems Market

In its latest report, FMI offers an unbiased analysis of the global cardiac ultrasound systems market, providing historical data for the period of 2018-2028 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of by product type (cart/trolley cardiac ultrasound devices and compact/handheld ultrasound scanners), by end use (hospitals and clinics, diagnostic imaging & surgical centers, ambulatory surgical centers, and others), and by region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa)

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Narcolepsy Treatment Market is projected to reach USD 6.67 billion by 2028

Revenue from narcolepsy treatment, globally is projected to stand at a valuation of US$ 6.67 Bn, registering an annual growth rate of 5.7 percent, from 2022-2028. Future Market Insights (FMI), in its newly published market intelligence outlook, highlights substantial demand for narcolepsy treatment in North America. Narcolepsy treatment landscape in Europe, will witness significant revenue growth given the rising affinity toward adoption of prescription treatments and adherence to the same on a long term basis.

Asia Pacific among other emerging economies including MEA and Latin America, on the other hand, are expected to showcase positive trends towards the adoption of narcolepsy treatment, due to:

Strong distribution pipeline of the narcolepsy drugs.
Emerging global and local biopharmaceutical companies.
Increasing incidences of Obstructive Sleep Apnea (OSA) in Latin America. Obesity is reported to be the most common risk factor.
Prevalence of moderately severe sleep apnea is estimated to be around 5% in women and 10% in men in South Africa. It is estimated that up to 90% of patients are undiagnosed.
Prevalence of sleep apnea is more severe in the developing countries due to the lack of skilled physicians

In term of key forward market strategies, the primary objective manufacturers in the narcolepsy treatment market is to expand their footprint in the various regional markets, in order to solidify their market position.

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Key Findings from the Regional and Competitive Landscape Analysis of Narcolepsy Treatment Market

Leading narcolepsy treatment manufacturers are prioritizing regional-specific product development. The product portfolio expansion is mostly targeted in Asia Pacific.
Apart from new product development—mostly arising from the presence of low cost generic versions of patented drugs, strategic partnerships and acquisitions with pave way for further business expansions.
Manufacturers in the global narcolepsy treatment are also focused towards introducing new research and development units in different geographic regions.
Industry leaders are focusing on maintaining long-term partnerships with pharmacies- in hospital and retail, drug stores, and e-commerce. Sales through e-commerce distribution channel is expected to contribute a significant revenue share in the global narcolepsy treatment market.
FMI, has also noted an increasing focus on reformulation of well-known products and combinations, by manufacturers in North America in order to achieve higher sales and wide penetration.

There is a conscious shift from OTC medication to devices treating narcolepsy, driving significant revenue growth for the devices segment compared to drugs. Growing incidences of inappropriate medication and addiction, translating into severe side effects including headache, prolonged drowsiness, daytime memory and performance problems, allergic reactions, and death in some cases, is the key driving factor. These side effects are associated with OTC as well as prescription-based sleep aids.

Growing demand to treat narcolepsy with BiPAP is expected to push this segment of devices—predicted to expand at the highest CAGR. Moreover, devices in portable and available-for-rent formats, will translate into higher adoption rates, throughout the forecast period. Portable Continuous positive airway pressure (CPAP) devices are lighter and smaller and can also be used as a home based unit, further reducing the dependency on OTC pills and prescription drugs.

While explaining the growth trajectory of narcolepsy treatment market, a senior analyst from the healthcare domain underscores growing healthcare expenditure and rising incidence cases of fracture fixation and orthopedic disorders as key factors contributing to the demand of narcolepsy treatment though 2028. “Regulatory impositions by various global authorities including the FDA and European Commission along with currency fluctuations, regulations and changing taxation policies are some high-impact factors pushing the global demand for narcolepsy treatment”, the analyst further explains.

Critical Market Restrainers

Although the narcolepsy market is expanding at a robust CAGR, long waiting time for sleep services, lack of awareness and delayed diagnosis, severe side effects of sleep aids medication, lack of proper documentation for the usage and licensing of sleeping pills, and improper equipment regulations are some critical factors projected to restrain the growth of narcolepsy treatment market.

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Key Market Segments Covered in Narcolepsy Treatment Market Research By Product:

Narcolepsy Treatment Drugs
- Modafinil
- Sodium Oxybate
- Armodafinil
- Others
Devices
- CPAP Devices
- BiPAP Devices
- APAP Devices

By Distribution Channel:

Hospital Pharmacies
Retail Pharmacies
e-commerce
Drug Stores
Others

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MRI Guided Neurosurgical Ablation Market is projected to reach US$ 216.3 Million by 2028

[225 Pages Report] According to the latest market report published by Future Market Insights titled ‘MRI-Guided Neurosurgical Ablation Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028’, the global MRI-guided neurosurgical ablation market is projected to expand at a CAGR of 4.9% during the forecast period 2018–2028 and reach US$ 216.3 Mn by the end of 2028.

According to a study published by the Oxford University in 2017, the overall incidence of brain cancer worldwide was 264,241 with prevalence of 5.57 per 100,000 people. The MRI-guided neurosurgical ablation system is more often used for the treatment of brain cancer, hence rising prevalence of brain cancer is expected to boost the growth of the market over the next decade.

Global MRI-guided Neurosurgical Ablation Market: Dynamics

The per capita healthcare expenditure is currently following an uptrend across both developed and developing economies, which has made possible to implement quality patient care treatment options. The growing awareness regarding minimally surgery is expected to fuel the demand for MRI-guided neurosurgical system in the global market.

The demand for MRI-guided neurosurgical system is primarily emanating from countries such as the U.S., Germany, the U.K. and Australia due to factors such as enhanced emergency room services coupled with affordability.

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The MRI-guided neurosurgical ablation system requires a skilled neurosurgeon to perform the surgery efficiently, thereby shortage of neurosurgical workforce is a factor expected to hamper the growth of the MRI-guided neurosurgical ablation market.

Global MRI-guided Neurosurgical Ablation Market: Forecast The global MRI-guided neurosurgical ablation market is segmented on the basis of product type, end users and regions. On the basis of product type, the global MRI-guided neurosurgical ablation market has been segmented into MRI-guided laser therapy systems, MRI-guided RF ablation systems, MRI-guided focused ultrasound system and accessories.

The MRI-guided ultrasound focused system segment is expected to grow at a significant rate as the use of the system omits the need of an incision, which is required during the surgical procedure. The accessories segment is expected to dominate the global MRI-guided neurosurgical ablation market due to increasing adoption of minimally invasive surgery throughout the globe.

The MRI-guided laser therapy systems segment is projected to witness significant growth compared to the MRI-guided RF ablation systems segment, and to reach the market value of US$ 30.9 Mn by 2028 with a CAGR of 4.0% over the forecast period.

On the basis of end users, the MRI-guided neurosurgical ablation market has been segmented into hospitals, ambulatory surgical centers and research laboratories.

The hospitals segment is expected to dominate the global MRI-guided neurosurgical ablation market in 2018 as a large number of patients visit hospitals for the treatment of brain cancer.

The ambulatory surgical center segment is estimated to account a high value share of 33.0% of the global MRI-guided neurosurgical ablation market by 2018 end and is expected to account for 30.2% share of the global MRI-guided neurosurgical ablation market by 2028 end.

On the basis of region, the MRI-guided neurosurgical ablation market has been segmented into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, China, Japan and Middle East & Africa.

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North America dominated the global MRI-guided neurosurgical ablation market with maximum value share in 2017, as MRI-guided neurosurgical ablation system were installed in more than 70 hospitals in the U.S. One-third of MRI-guided neurosurgical ablation market share by value is accounted by the U.S. due to increasing prevalence of cancer and rising adoption of minimally invasive surgeries. China and APECJ are the fast-growing regional markets for MRI-guided neurosurgical ablation due to rising prevalence of brain cancer and expansion strategies followed by the key manufacturers in the regions. Latin America and MEA are expected to witness sluggish growth in the global MRI-guided neurosurgical ablation market due to low awareness regarding MRI-guided neurosurgery and lack of medical professionals.

Global MRI-guided Neurosurgical Ablation Market: Competitive Landscape

Examples of some of the top players operating in the global MRI-guided neurosurgical ablation market are Medtronic plc, Boston Scientific Corporation, Insightec Lmt, AngioDynamics Inc, Monteris Medical Inc, and MRI Intervention Inc.

Maintaining and expanding international presence is an important long-term growth strategy of the leading manufacturers of MRI-guided neurosurgical ablation system.

In addition, the manufacturers of MRI-guided neurosurgical ablation systems are investing in the emerging markets to strengthen their sales and service capabilities and gain maximum market share.

Key Segments Covered in MRI Guided Neurosurgical Ablation Industry Research MRI Guided Neurosurgical Ablation Market by Product Type:

MRI Guided Laser Therapy Systems
MRI Guided RF Ablation Systems
MRI Guided Focused Ultrasound Systems
Accessories
- Probes
- Electrodes

MRI Guided Neurosurgical Ablation Market by End User:

Hospitals
Ambulatory Surgical Centers
Research Laboratories

MRI Guided Neurosurgical Ablation Market by Region

North America MRI Guided Neurosurgical Ablation Market
Latin America MRI Guided Neurosurgical Ablation Market
Europe MRI Guided Neurosurgical Ablation Market
East Asia MRI Guided Neurosurgical Ablation Market
South Asia & Pacific MRI Guided Neurosurgical Ablation Market
Middle East & Africa (MEA) MRI Guided Neurosurgical Ablation Market

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Membrane Microfiltration Market to reach a value of US$ 8,048.5 Million By 2028

[242 Pages Report] According to Future Market Insights forecasts, sales revenue in the membrane microfiltration market is anticipated to cross US$ 8 Bn by 2028, from an estimated value of about US$ 3.8 Bn in 2018. A decadal growth rate of 7.8% can be attributed to several factors, of which Future Market Insights throws deeper insights in this research study.

One of the newest alternatives to heat treatment is microfiltration that reduces bacteria and improves the shelf life of dairy products, while also preserving the basic taste.

Several traditional techniques such as pasteurisation, heat treatment, and sterilisation have long been used to improve the shelf life of milk.

Adoption of membrane microfiltration in milk is one of the trends being witnessed in the global market, according to a new research study on the global membrane microfiltration market by Future Market Insights.

An increasing adoption of ceramic microfiltration membranes for cross flow filtration in water plants is another key trend, as ceramic membranes help maintain a high filtration rate and ensure enhanced savings in membrane replacement costs.

Manufacturers in the membrane microfiltration market are producing robust microfiltration systems using large filter cartridges that occupy lesser space and eliminate the number of filtration system connections, thereby reducing maintenance costs.

A preference for continuous fermentation over batch processing is also being observed, with manufacturers increasingly deploying membrane microfiltration technology in their plants. These trends are likely to positively impact revenue growth of the global membrane microfiltration market in the coming years.

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Increasing Applications in Industrial Biotechnology and Widespread Use of Large Molecule Biopharmaceuticals Pushing Revenue Growth of the Global Membrane Microfiltration Market

Membrane microfiltration is finding application in the production of biofuel and bio refineries are incorporating this technology to lower the overall energy costs and reduce industrial bio waste. Membrane microfiltration is also increasingly used in biodiesel processes where this technology is used to reuse water especially in areas of water scarcity. The rising industrial applications of membrane microfiltration are fuelling revenue growth in the global market. Also, filtration is a critical component of biopharmaceuticals production, and membrane microfiltration is widely used to remove cellular debris and other cellular colloids. With a growing adoption of large molecule biopharmaceuticals owing to their therapeutic properties, the demand for membrane microfiltration technology in the production of biopharmaceuticals is expected to surge in the near future.

Membrane microfiltration is also extensively used in the food and beverages industry as a technology to separate and purify components and improve the quality and yield of food products. An increasing use in vegetable and fruit juices, fermented dairy products, milk and dairy products, non-alcoholic beverages, and other food and beverage products is expected to spur revenue growth of the global membrane microfiltration market to a significant extent. One of the other critical application areas of membrane microfiltration is in water treatment plants. Membrane microfiltration helps remove unwanted particles from water before the water is treated for purity using other processes such as reverse osmosis. A growing need for quality potable water is further driving growth of the membrane microfiltration market.

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Future Market Insights Recommends…

With newer applications of membrane microfiltration coming to the fore, Future Market Insights feels there is a great deal of opportunity for key players operating in the global market. Water treatment and food and beverages are two important end-use application areas that manufacturers can target with their advanced solution offerings. China is projected to be the fastest growing regional market for membrane microfiltration in terms of demand for the technology, and manufacturers would be well advised to focus on this region to augment their market share. By setting up robust supply chains in regions that are anticipated to develop at a faster pace in the coming years, manufacturers can benefit from the lucrative opportunities presented by local markets to up their current standing in the global membrane microfiltration market.

Key Segments Covered in the Membrane Microfiltration Industry Survey

Membrane Microfiltration by Material Type:

Cross Flow Membranes
- PES Membrane Filters
- PP Membrane Filters
- PVDF Membrane Filters
- PTFE Membrane Filters
- PEEK Membrane Filters
- Poly Imide Membrane Filters
- Cellulose Membrane Filters
Direct Flow Membranes
- PES Membrane Filters
- PP Membrane Filters
- PVDF Membrane Filters
- PTFE Membrane Filters
- PEEK Membrane Filters
- Poly Imide Membrane Filters
- Cellulose Membrane Filters

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Membrane Filtration by Application:

Biopharmaceutical Processing
Water Treatment Applications
Dairy & Food Processing
Chemical Applications
Others

Membrane Filtration by Region:

North America Membrane Filtration Market
Latin America Membrane Filtration Market
Europe Membrane Filtration Market
East Asia Membrane Filtration Market
South Asia & Pacific Membrane Filtration Market
Middle East & Africa (MEA) Membrane Filtration Market

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Recombinant Vaccines Market COVID-19 Industry Analysis, Future Trends, Opportunity Growth, Regional Outlook and Forecast 2028

A new Future Market Insights study on the global recombinant vaccines landscape highlights the optimistic revenue growth potential in developing regional markets such as Asia Pacific and Japan. The FMI report also offers an extensive analysis of the current competition scenario – emphasizing exclusive insights drawn by exhaustive primary and secondary market research.

Relatively safer and affordable, recombinant vaccines are gaining ground worldwide. With growing focus on preventive healthcare, vaccines are gathering momentum at a global level, including developing economies that still continue to struggle with severe demand-supply gap leading to a considerable shortfall in the availability of vaccines. However, a number of leading non-profit organizations are constantly initiating funding collaborations for improved accessibility of critical vaccines across developing countries.

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Key Dynamics Analysis Evaluates the Role of Collaborative Activities and R&D

On the backdrop of how Sanofi’s acquisition of protein Sciences in 2017 has been boosting the former’s Flubok (recombinant vaccines for flu) manufacturing capacity, several players in recombinant vaccines space are strategizing mutual alliances in coming years. Strategic collaborations between leading players in the recombinant vaccines space is likely to provide a strong impetus to the overall market growth.

Moreover, according to WHO, growing prevalence of rare disease instances such as Ebola, Crimean Congo, MERS, hemorrhagic fever, Marburg, Lassa Fever, Nipah, SARS coronavirus diseases, and Rift Valley Fever is attracting R&D interests of recombinant vaccines manufacturers, thereby pushing growth of the market in the near future

FMI Study Positions Western Europe as Growth Engine of Recombinant Vaccines Landscape

Western Europe currently represents just-under 1/3rd share of the global market revenue, attributed to growing government support for vaccine development and vaccination campaigns. Strong presence of key market players in this region and their increasing investments in R&D of recombinant vaccines further accentuate Western Europe’s top performing spot.

The report projects impressive growth prospects for Asia Pacific and Japan in coming years. However, APAC is especially portrayed lucrative owing to dramatically growing healthcare spending and an expanding target population that struggles with highly unmet clinical needs, despite growing consumer awareness about vaccination merits.

Mature regional markets in North America and Europe remain differentiated due to effective presence of leading biopharmaceutical companies that boast of GMP certified sterile manufacturing facilities, contributing significant towards the revenue growth of recombinant vaccines market in these regions.

Segmental Analysis Reveals Neck-on-Neck Competition between Subunit and Attenuated Vaccine Types

Based on the recombinant vaccines market assessment by type, subunit recombinant vaccines currently hold the largest value share but are likely to lose a bit of it to attenuated recombinant vaccines. Both the segments collectively cover around 90% share of the total market revenue.
Applications of recombinant vaccines in human vaccination continue to reflect maximum attractiveness over veterinary applications. A majority of the total market revenue is contributed by recombinant vaccines for humans, as indicated by the report.
Private clinics and dispensaries remain the most preferred channel for vaccines distribution, followed by pharmacies. Hospital pharmacies hold a larger share than retail pharmacies, though latter is poised for promising expansion in coming years.

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Top Two Players Represent a Whopping 80% Market Value Share, Concludes Competition Analysis

According to the FMI study, GlaxoSmithKline plc and Merck & Co., Inc. collectively account for more than 80% revenue share in recombinant vaccines marketplace, keeping the landscape highly consolidated. While the former primarily focuses on strategic collaborations, the latter strategizes new product launches for an expanded market share.

GSK’s candidate vaccine launched in 2017 claims to prevent pulmonary TB in HIV negative adult patients.
Merck announced the three studies of the first phase of its investigational pneumococcal vaccine, early in 2018.

Competition tracking uncovers a few more important insights that can potentially direct strategy building efforts of competitors in the recombinant vaccines market at a global level.

New market entry aspirants are prominently opting for the adoption of mammalian protein expression systems in recombinant vaccines manufacturing that accelerate the entire production process.
Established players in recombinant vaccines landscape are prioritizing the development of new variants of existing vaccines.
Contractual alliances with non-profit organizations are likely to earn higher profit shares for manufacturing leaders in recombinant vaccines market.

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