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Kidney Stone Extraction Balloon Market Increasing from US$ 450.5 Million in 2022

[300 Pages Report] The kidney stone extraction balloon market is likely to show tremendous growth during the forecast period. The kidney stone extraction balloon catheters are mainly designed for treating strictures of the ureter.

They function by providing a uniform and effective dilatation in the nephrostomy tract. Moreover, the majority of kidney stone extraction balloon is made up of silicone to reduce the friction between the balloon surface and internal body parts. The kidney stone extraction balloon market is witnessing a rapidly evolving technology scenario, leading to development of unique and innovative products.

Kidney stone extraction balloon is a surgical device intended for the expansion of ureteral strictures before the kidney stone extraction process via ureteroscopy. Kidney stone extraction balloon is composed of a balloon-like structure at the tip and used for enlarging a narrow passage in the ureter or other related parts. Kidney stone extraction balloon is inserted in a deflated position and upon proper location, is inflated, and subsequently removed deflated.

Kidney stone extraction balloon is equipped with a guide-wire that has to be placed in the ureter. In addition, followed by the dilation of stricture, the guide wire remains in position. The kidney stone balloon catheters are available based on the size of the balloon and shape. The inflation of kidney extraction balloon is done with sterile water and air is often neglected as it may cause the balloon to float, and presence of salinity in water may cause deflation process to become complex due to the blockage in inflation channel with crystals.

Report Attributes	Details
Projected Market Value (2022)	US$ 450.5 Million
Anticipated Forecast Value (2032)	US$ 902.2 Million
Estimated Growth Rate (2022-2032)	6.5%

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Kidney Stone Extraction Balloon Market: Drivers and Restraints

The growth of global kidney stone extraction balloon market is generally driven by increasing prevalence of kidney stones among the population. For instance, according to the estimates of National Kidney Foundation (NKF) in the late 2000s, approximately one in ten people is suffering from kidney stones, nearly 8.8% of total population is carrying kidney stone in U.S. alone, and approximately 19% are men and 9% are women. In addition, other factors such as rising incidence of high blood pressure, diabetes, and obesity in the general population, may increase the likelihood of developing kidney stones, and thereby, boost the growth of kidney stone extraction balloon market.

However, factors such as high cost of the instrument coupled with the high cost of the procedures are hampering the market growth of kidney stone extraction balloon. Furthermore, unfavourable reimbursement scenario and scarcity of skilled professionals may result in impeding the growth of kidney stone extraction balloon market.

Kidney Stone Extraction Balloon Market: Region Wise Outlook

Geographically, kidney stone extraction balloon market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. North America is projected to hold the largest market share, followed by Western Europe, primarily due to increasing prevalence of kidney stone disorders. In addition, rising awareness among physicians, and conducive reimbursement policies are driving the growth of kidney stone extraction balloon market in these regions.

The market in Asia Pacific is also expected to grow at a higher rate owing to increasing R&D expenditure by the government, increasing health care insurance policies, and large population base is fuelling the growth of kidney stone extraction balloon market. However, the regions such as Latin America, Eastern Europe, Middle East and Africa are expected to show stagnant growth during the forecast period owing to the lack of sophisticated healthcare infrastructure, and the dearth of skilled professionals.

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Kidney Stone Extraction Balloon Market: Key Players

Some of the market participants in the global kidney stone extraction balloon market are Boston Scientific Corporation, C. R. Bard, Inc., Coloplast Ltd., Cook Medical, Inc., iVascular SLU, Med Pro Medical B.V., NuAngle, Teleflex Incorporated, and many others.

This 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, product type, material type, and end-use.

The Report covers exhaust Analysis on:

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

Regional analysis includes

North America
Latin America
Europe
Asia Pacific
Middle East & 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.

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Kidney Stone Extraction Balloon Market: Segmentation:The global kidney stone extraction balloon market can be segmented on the basis of material type, filler type, end-user, and region.

On the basis of material type global kidney stone extraction balloon market can be segmented as:

Nylon
Silicone
Others

On the basis of filler, global kidney stone extraction balloon market can be segmented as:

Liquid
Air

On the basis of end user, global kidney stone extraction balloon market can be segmented as:

Hospitals
Ambulatory Surgical Centers
Dialysis Clinics

On the basis of region, global kidney stone extraction balloon market can be segmented as:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Japan
Middle East and Africa

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.

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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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Vascular Ulcer Treatment Market is likely to be valued at US$ 2,638.6 million in 2022

[306 Pages Report] The global vascular ulcer treatment market is expected to grow at a 4.7% CAGR. The market revenue is likely to be valued at US$ 2,638.6 million in 2022, and exhibit a revenue growth of US$ 4,380 million by 2032.

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Vascular Ulcer Treatment Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period.

Impact of COVID-19 on the Healthcare Industry

The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.

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The team of analysts at Future Business Insights are focussing on research and market study to produce different Vascular Ulcer Treatment Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Vascular Ulcer Treatment Market.

Key Players

Some of the key players involved in vascular ulcers treatment market include Angiodynamics, Sigvaris Global, Medi GmbH & Co. KG, Activa Healthcare, 3M, Medtronic, B. Braun and others.

Segmentation

The global vascular ulcers treatment market is segmented on the basis of disease type, treatment type, distribution channel and geographic region.

Based on diseases type, vascular ulcers treatment market is segmented into following:

Arterial Ulcers
Neurotropic Ulcers
Venous Ulcers
Diabetic Ulcers
Others

Based on treatment type, vascular ulcers treatment market is segmented into following:

Compression
Gradual Compression
Intermittent Pneumatic Compression
Drugs
Antibiotics
Pentoxifylline
Topical Steroids
Aspirin
Dressings
Surgical Therapy
Skin Grafting
Others

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Based on distribution channel, vascular ulcers treatment market is segmented into following

Hospital Pharmacies
Retail Pharmacies
Online Pharmacies and E-commerce
Drugstores
Others

Queries Solved

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What are the attractive investment opportunities within the Vascular Ulcer Treatment Market in the Healthcare Industry?

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What are the strategies for growth adopted by the key players in Vascular Ulcer Treatment Market in the Healthcare Industry?

What are the recent trends in Vascular Ulcer Treatment Market in the Healthcare Industry? (M&A, partnerships, new product developments, expansions)?

What are the challenges to the Vascular Ulcer Treatment Market in the growth of the Healthcare Industry?

What are the key market trends impacting the growth of the Vascular Ulcer Treatment Market in the Healthcare Industry?

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We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

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Toxicology Drug Screening Market is anticipated to reach US 71,901.8 million by 2032

[323 Pages Report] The global toxicology drug screening market is expected to reach $71,901.8 million by 2032, up from $23,888.5 million in 2022, at a CAGR of 10.5% during the forecast period. Toxicology drug screening is a set of diagnostic tests carried out to detect the presence of legal and illegal drugs uptake by an individual. It usually determines the type and approximate concentration of drug in the human body. Commonly, blood and urine samples are obtained from patient in order to perform toxicology drug screening. In addition with blood and urine samples, hair and oral fluids are other sample forms used to determine presence of drug in the body.

Report Attribute	Details
Toxicology Drug Screening Market Value (2022)	US$ 23,888.5 Million
Toxicology Drug Screening Market Anticipated Forecast Value (2032)	US 71,901.8 Million
Toxicology Drug Screening Market Projected Growth Rate (2022-2032)	10.5%

Toxicology screening process can be done very quickly and provides approximate results showing the presence of specific drug in the system. Toxicological screening is done for four primary purposes that includes medical testing, employment drug testing, forensic analysis, and athletics testing. Toxicological drug screening enables control in consumption of illegal drugs such as alcohol, barbiturates, benzodiazepines, opiates, tricyclic antidepressants, and amphetamines.

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A doctor or physician performs a toxicology screen in case of accidents or sexual assaults on a person if suspected with the drug intoxication or overdose symptoms including unconsciousness, difficulty breathing, panic attacks, chest pain, deliriousness, and seizures. However, toxicological drug screening is also performed before undergoing an organ transplant, drug abuse, during pregnancy.

Toxicology drug screening find vast applications in food and beverage industries, chemical industries, cosmetics and households and pharmaceutical companies which increases the demand in toxicology drug screening market. These screening tests are majorly intended for detection of illegal drugs in victim’s blood or urine sample. Biochemical assays, cellular assays, reagents and kits, in silico services are the major type of toxicological drug screening products available in the industry.

Many of these screening tests are performed to determine systemic toxicity, carcinogenicity, dermal toxicity, genotoxicity, neurotoxicity, and organ-specific toxicity and thus contribute majorly to the revenue generation in toxicology drug screening market. These toxicology drug screening methods are performed using various high-end technologies such as high-throughput screening, genomics, transcriptomics, and molecular screening. The increasing usage of toxicological screening generates large revenues in the toxicology drug screening market owing to their increased demand in hospitals and trauma centers, rehabilitation centers and forensic laboratories.

On the other hand, toxicology drug screening market is gaining profit due to rising cases of sexual assault and accidents across the globe. Increasing adoption of in-vitro methods to detect toxic drugs in human system tends to propel the growth of toxicology drug screening market across the globe and registers a significant revenue growth in the toxicology drug screening market.

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Toxicology Drug Screening: Market Dynamics

Growing technological advancements leading to development of novel screening products, increasing availability of high-end drug screening instruments, reagent and kits coupled with wide application areas for toxicology drug screening are some of the major factors expected to drive the growth of toxicology drug screening market. Introduction of rapid and automated toxicity detection technologies, increasing government expenditure on toxicity testing and favorable reimbursement policies in toxicity screening is further propelling the growth of toxicology drug screening market. Also, rise in demand for toxicology drug screening in the food and beverage industry, and chemical industry is also expected to drive the growth of toxicology drug screening market. However, inadequate efficacy of conventional techniques and longer time taken by laboratories for sample testing are some of the factors restraining the toxicology drug screening market growth.

Toxicology Drug Screening Market: Region-wise Outlook

On the basis of geography, global toxicology drug screening market is segmented into seven key regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa. Europe is projected to hold largest shares in the global toxicology drug screening market primarily due to growing R&D activities to detect toxicity levels in the human body at early stages. Europe is followed by North America which registers second largest shares in global toxicology drug screening market worldwide. However, Asia Pacific is expected to experience a robust growth over the forecast period and generates high revenues in global toxicology drug screening market.

Toxicology Drug Screening Market: Key Players

Some of the key players present in global toxicology drug screening market are Agilent Technologies, Inc., Covance, Inc., Bio-Rad Laboratories, Inc., General Electric Company, BioReliance, Inc., Thermo Fisher Scientific, Inc., Eurofins Scientific SE, GE Healthcare, Quest Diagnostics, Alere, Inc., Enzo Life Sciences, Inc. and others.

The report covers exhaustive analysis on:

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

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Toxicology Drug Screening Market: Segmentation

The global Toxicology Drug Screening market is segmented by product type and end user:

Segmentation by Product Type

Assays
Biochemical Assays
Cellular Assays
Reagents & Kits
Enzyme Linked Immuno-Sorbent Assay (ELISA)
Polymerase Chain Reaction (PCR)
Enzyme Multiplied Immuno Assay (EMIT)
Radio Immuno-Sorbent Assay (RIA)
Instruments
Immunochemistry Analyzers
PCR machine
High-Performance Liquid Chromatography (HPLC)
In-Silico Services

Segmentation by Test Type

Acute Systemic Toxicity
Dermal Toxicity
Carcinogenicity
Ocular Toxicity
Genotoxicity
Neurotoxicity
Organ-Specific Toxicity

Segmentation by Technology Type

High-Throughput Screening
Genomics
Transcriptomics
Toxicogenomics
Molecular Screening

Segmentation by End User

Hospitals and Trauma Centers
Forensic Laboratories
Diagnostic Laboratories
Rehabilitation Centers
Pharmaceutical & Biotechnology Companies

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Robotic Biopsy Devices Market is expected to grow at a CAGR of 9.4% over the forecast period 2022-2032

[250 Pages Report] As per Future Market Insights’ latest industry analysis, the global robotic biopsy devices market was valued at around US$ 386.4 Mn in 2021 and is projected to exhibit a CAGR of 9.4% over the forecast period. The market is set to reach US$ 1.1 Bn in 2032.

One of the most significant cutting-edge technologies in neurosurgery is robot-assisted biopsy for brain tumors. Robot-assisted biopsy is used to increase the safety and effectiveness of biopsy technique, which is highly desired when organizing the management of tumor pathology.

Attributes	Key Statistics
Global Robotic Biopsy Devices Market Estimated Size (2022)	US$ 435.6 Mn
Projected Market Valuation (2032)	US$ 1.1 Bn
Value-based CAGR 2022-2032	9.4%
Collective Value Share: Top 5 Countries	50.5%

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The main objective of this cutting-edge technology is to add safety equipment to the modern neurosurgery operative inventory so that it can methodically improve the precision and accuracy in operation theaters, which is not otherwise conceivable. Additionally, robotic biopsy makes the thorough preoperative process easier than other types.

The market for robotic biopsy devices is anticipated to grow at a fast pace over the projected years due to rising need for safe and effective minimally invasive procedures and growing use of automated systems in the healthcare sector. It can be further attributed to rapid transformation of conventional healthcare systems to integrated digital technology.

Key Takeaways: Robotic Biopsy Devices Market

By product, the systems segment is expected to showcase high growth at a CAGR of 4% by the end of 2032.
By application, the brain biopsy category is leading the global robotic biopsy devices market and is projected to exhibit a CAGR of 3% during the forecast period.
By end user, hospitals held around 5% of the global robotic biopsy devices market share in 2021.
The U.S. currently dominates the North America robotic biopsy devices market and it had generated a share of about 8% in 2021.
The U.K. is set to hold a share of nearly 2% in the global robotic biopsy devices market during the assessment period.

“Increasing use of automated technologies for surgical procedures and growing global burden of chronic diseases are expected to drive sales of robotic biopsy devices,” says an analyst of Future Market Insights.

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Competition Landscape: Robotic Biopsy Devices Market

The market for robotic biopsy devices is oligopolistic, with the presence of a few established manufacturers. Product range of every player in the market varies as per the competitors’ licensed novel devices with unique applications. Key players are striving to gain regulatory authorizations for creating new medical devices, generating high product sales, and initiating marketing purposes.

In October 2021, Medtronic reported that the Hugo robotic-assisted surgery (RAS) system had been granted the CE (Conformité Européenne) Mark, allowing for sales of the system across Europe.

What Does the Robotic Biopsy Devices Market Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the robotic biopsy devices market in its latest study, presenting a historical demand assessment of 2012 – 2021 and projections for 2022 – 2032.

The research study is based on the product (systems and instrument & accessories), application (lung biopsy, brain biopsy, prostate biopsy, and others), and end user (hospitals, ambulatory surgical centers, and academic & research institutes) across seven key regions of the world.

Key Players :

Medtronic
Renishaw plc
iSYS Medizintechnik GmbH
Mazor Robotics
Biobot Surgical Pte Ltd
Medrobotics
Medtech SA

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Robotic Biopsy Devices Market Outlook by Category

By Product:

Systems
Instrument & Accessories

By Application:

Brain Biopsy
Lung Biopsy
Prostate biopsy
Others

By End User:

Hospitals
Ambulatory Surgical Centers
Academic & Research Institutes

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Packaging Tubes Market Size, Share Production & Consumption Analysis With Forecast To 2028

The US$ 2.5 billion packaging tubes market is slated to exhibit promising performance over the next decade. As indicated by a recent outlook published by Future Market Insights, the global market for packaging tubes will possibly thrive at 5.0% over 2022-2028, attaining a value of around US$ 4.4 Bn by 2028 end. During the course of assessment period, packaging giants are expected to concentrate on improvisation of existing formats of packaging tubes, which have been limiting the use of packaging tubes to pharmaceuticals, oral care products, and cosmetics.

Laminated Tubes Are Most Likely to Outperform Aluminum Tubes in Terms of Adoption & Growth Rate.

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Immense ease of use, convenience, and portability will collectively enable laminated tubes to witness healthy traction in near future. As consumers are moving away from rigid packaging formats such as plastic and aluminium-based packaging tubes, they are more inclined towards laminated tube packaging, which is expected to push the performance of laminated tubes in the packaging tubes market in next few years.

However, the substitutes such as stick packs, pouches, and sachets may limit this growth, with an advantage in terms of price and convenience. Aluminum tubes, though account for the maximum revenue share, are expected to witness a heavy decline in near future.

‘Premium’ Personal & Beauty Care Products Come in Laminated Tubes

Laminated tubes, which were only considered for packaging of hand lotion, toothpaste, and a series of similar products till a decade ago, are increasingly being embraced by a number of beauty and personal care brands. To harness the most of structural, functional, and design flexibility of laminated packaging tubes, brands are using them for packaging almost every beauty and personal care product on retail shelves. ‘Premiumization’ has been a big trend in personal and beauty care industries, which manifests in a wide range of decorating possibilities and a number of material attributes such as texture.

Moreover, it also enables manufacturers to include metallics on tubes and closures, and create virtually seamless, 360 degree decorated packaging tubes.

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Technological Intervention to Benefit Laminated Tube Sales

Recently, a beauty care brand introduced a range of products packaged in fully decorated plastic tubes, which are manufactured using the innovative digital print technology in mass scale. The tubes look vibrant and are include seamless structure, tactile embossing, photorealistic images, and cap-to-tube printing. These packaging tubes are likely to attract an exceptionally large female consumer base in near future.

Brand owners are foreseen to innovate their existing product offerings with innovative digital print – direct-to-print technology. Also, growing adoption of flexographic printing technology by tube manufacturers is anticipated to contribute to the market growth through 2028.

The shift of a growing number of pharmaceutical players to laminated tube packaging from plastic and Aluminum-based packaging, is conscious and marked, and has been attributed to several noteworthy anti-contamination properties possessed by this packaging tube type. The global market for packaging tubes is witnessing rapid uptake of laminated tubes in the pharmaceutical industry, especially for packaging of OTC products, which is expected to boost the market performance in near future.

Innovation Rides the Sustainable Future of Packaging Tubes

Nevertheless, the packaging industry has been striving to diminish its environmental footprint, by adopting bio-based plastics in manufacturing packaging materials. However, the availability of such sustainable materials is limited, which directly translates into the high price point. Manufacturers are thus investing more in research and development of cheaper sustainable materials for using in packaging tubes, which are also environment-friendly. One of the not-so-popular and accepted sustainable solutions, includes using PCR (post-consumer recycled) plastic materials.

This and more such innovations are likely to benefit the market for packaging tubes in the next few years.

Moreover, the market is also trending with tubes made up of plastic barrier laminates with EVOH and polyamide, which impart them the see-through functionality in multilayer structures. Industry experts reveal that the see though packaging solutions, including transparent plastic packaging tubes, tend to gather higher consumer value on retail shelves, helping marketers to stand apart from other traditional packaging counterparts.

Packaging Tubes Market By Category

By product type:

Laminated Tubes
- Plastic Barrier
- Aluminum Barrier
Aluminum Tubes
Plastic Tubes

By capacity:

Up to 50 ml
51 ml to 100 ml
101 ml to 150 ml
Above 150 ml

By closure type:

Stand-up Caps
Nozzle Caps
Fez Caps
Flip-top Caps
Others

By end use:

Cosmetics
- Hair care
- Skin Care
- Others
Oral Care
Commercial
- Sealants & Adhesives
- Lubricants
- Others
Pharmaceuticals
Home & Personal Care
Food
Others

By region:

North America
Latin America
Western Europe
Eastern Europe
Middle East and Africa (MEA)
Asia Pacific (APAC)
Japan

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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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Medication Pouch Inspection Systems Market – Latest Scenario On Innovation, Revolutionary Opportunities & Top Consumers 2029

The medication pouch inspection systems market is set to enjoy a valuation of US$ 37 Mn in 2022, likely to surge at a vigorous 7.6% CAGR during the assessment period 2022 – 2029.

Future Market Insights (FMI) delivers key insights on the global medical pouch inspection systems market in its published report titled “Global Medical Pouch Inspection Systems Market Forecast, Global Industry Analysis 2014-2018 and Opportunity Assessment 2019-2029.” In terms of revenue, the global medical pouch inspection systems market is estimated to expand at an approximate CAGR of 8% during the forecast period, owing to numerous factors, which FMI highlights in this research report.

Incorporation of Medication Pouch Inspection Systems Reduces the Requirement of Workforce at a Pharmacy

Growth of the medical pouch inspection systems market is highly proportional to the growth of the pharmaceutical industry. As per FMI analysis, at a global level, the medical pouch inspection systems market is expected to remain at a strong position. Medical pouch inspection systems inspect medicines packaged in the medication pouch, dispensed by medication dispensing machines. However, the high cost of medication pouch dispensing systems restrains the growth of the medical pouch inspection systems market.

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Around 5% of the patients in the world need to get medical attention due to wrong intake of medication. This has increased the importance of pharmacy automation technologies such as medication dispensing systems and medication pouch inspection systems, to minimize the probability of error in medication received by the patient. Most of the medical pouch inspection systems are capable of performing inspection with around 98% accuracy, which means that only around 2 out of 100 pouches need to be inspected by pharmacists. Therefore, medical pouch inspection systems not only reduce the probability of error in medication dispensing but also reduce the requirement of workforce by increasing the pace and productivity at a pharmacy.

Increased Consumer Convenience, with Adherence to Flexible Packaging of Drugs, Makes Medical Pouch Inspection Systems a Compelling Option

Machines dispensing medication in pouches are highly preferred by consumers as medical pouches provide vital information about the drug such as prescription, expiry date of the medicine, name of the patient, time & date of intake of medicines, and some other details. As the pouch already contains all the information, the patient does not need to remember the medicine he/she has to take at a particular time. Therefore, the medical pouch inspection systems have enhanced consumer experience.

Medical Pouch Inspection Systems Manufacturers Prioritizing New Launches & Joint Ventures

Most of the medical pouch inspection systems detect tablets on four general parameters such as color, shape, size, and number of tablets. The global market leader, TCGRx, has developed medical pouch inspection systems that inspect tablets in medication pouches on 12 parameters, which include surface of the tablet, distance to center, length, width, contour, roundness, standard color deviation, sequence, and others. The accuracy in the inspection of medication is thus highly increased with the increase in the number of parameters and probability of error in medication dispensing is greatly reduced. Medical pouch inspection systems provided by JVM Co., Ltd. are integrated with medication registering systems, which store the data about the medication pouches inspected by the machine.

Manufacturers in the medical pouch inspection systems market are adopting collaboration strategies to expand their global reach. Leading players are offering wide range of options for pharmaceutical end users such as medical pouch inspection systems with capacities including up to 50 ppm, 50-75 ppm, and above 75 ppm for enhanced efficiency.

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Collaborations & Joint Ventures

TCGRx announced the acquisition of ARxIUM’s Fastpak Exp and Fastpak 71, medical pouch inspection systems business to enhance the existing pharmacy technology product portfolio of the company.
Parata Systems, Inc. has entered group purchasing agreement with American Associated Pharmacies consisting of more than 2,200 independent pharmacies.

Product Launches

Ziuz Holding B.V launched Ziuz Iris medical pouch inspection systems with low footprint and economic prices, targeting the requirement of small pharmacies.

JVM Co., Ltd., TCGRx, Arxium Inc., Ziuz Holding B.V., Parata Systems, Inc., and Global Electronics B.V. are some of the key companies actively operating in the global medication pouch inspection systems market landscape.

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Key Segments of Medication Pouch Inspection Systems Industry Survey

Medication Pouch Inspection Systems Market by Machine Type:

Automatic Medication Pouch Inspection Systems
Table-top Medication Pouch Inspection Systems

Medication Pouch Inspection Systems Market by Maximum Operating Speed:

Up to 50 ppm Medication Pouch Inspection Systems
50 to 75 ppm Medication Pouch Inspection Systems
Above 75 ppm Medication Pouch Inspection Systems

Medication Pouch Inspection Systems Market by End User:

Retail Pharmacies
Hospital Pharmacies
Long-term Care Pharmacies
Mail Order Pharmacies

Compostable Plastic Packaging Material Market Segmentation Application, Technology & Market Analysis Research Report To 2028

The report titled ‘Compostable Plastic Packaging Material Market: Global Industry Analysis 2013-2021 and Opportunity Assessment 2022-2028’ states that the global market for compostable plastic packaging material is expected to grow at a moderate CAGR of 5.1% during the forecast period of 2022-2028.

Compostable Plastic Packaging Material Market in Industry research report explores the key parameters for industry namely market analysis, market definition, market segmentation, key developments in the market, competitive analysis, and research methodology.

This industry report gives estimations of Compound Annual Growth Rate (CAGR) for the forecasted period that will assist client to take decision based on futuristic chart. The Compostable Plastic Packaging Material Market report defines CAGR value fluctuations during the forecast. For obtaining in depth Compostable Plastic Packaging Material Market in Food Industry report, request an analyst call or drop down an enquiry at any time.

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The data in this report also shows that the market will possibly reach a value of over US$ 2,000 Mn by the end of 2028. Compostable plastics degrade rapidly, leaving no traces of the material, which are witnessing stellar demand in the market currently.

In a bid to build a strong business in an eco-friendly manner, companies are coming up with new offerings in the global market. There is a huge demand for environment-friendly products as the people are more inclined towards these products due to their growing awareness. Compostable plastic packaging is a major part of the current eco-friendly plastics market.

The market comprises various materials like PBAT, PBS, PLA, and PHA, all of which are made up of components that are highly decomposable. Among these, PHA is expected to hold the strongest market growth, owing to its high barrier properties.

Food, beverage and pharmaceutical products prefer high barrier material for packaging to extend the shelf life of the products and maintain the quality of the product. According to the outcomes of the report on the global compostable plastic packaging materials market, PHA plastic type is expected to witness a stellar CAGR of 15.9% during the 10 year forecast period.

A popular trend witnessed in the global compostable plastic packaging materials market is the rise in demand for garbage bags made of compostable plastic. Despite of relatively higher costs, compostable garbage bags are likely to grab a sizeable market in near future, in both developed as well as developing economies.

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Global Compostable Plastic Packaging Material Market: Competitive Scenario

BASF SE,, Kaneka Corporation,, FKuR Kunststoff GmbH,, Cardia Bioplastics,, Novamont S.p.A., Danimer Scientific LLC, Grabio Greentech Corporation, Northern Technologies International Corporation, NatureWorks LLC, S.K. Chemicals Co., Ltd., Minima Technology Co. Ltd., Biotec Pvt. Ltd.,, Green Dot Holdings LLC

Compostable Plastic Packaging Material Market by Category

By Material :

PBAT
PBS
PLA
PHA
Starch Blends
Others

By Application :

Bags
Pouches
Boxes
Bottles
Cups
Trays
Plates & Bowls
Others

By End-user industry :

Food Service
Food & Beverage
Cosmetics & Personal Care
Homecare
Healthcare
Others

By Region :

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

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Flatback Tapes Market by Top Manufacturers with Production, Price, Revenue (value) and Market Share to 2027

Future Market Insights (FMI) has published a new report on flatback tapes. The report has been titled “Flatback Tapes Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027.” The report states that faltback tapes have very limited applications as these tapes are mostly used in sectors such as automotive, paper industry, electronics, and packaging. Flatback tapes have smooth paper backing (which is not creped). Creped tapes are a different form of tapes altogether and they have a larger application base as compared to flatback tapes.

Flatback Tapes Market is expected to reach US$ 1.1 Bn in 2022, likely to surge at a vigorous 5.9% CAGR during the assessment period.

Rubber, acrylic, silicon are commonly used as adhesives. The thickness of the tape varies from 2.5 Mil to 15 Mil. These tapes possess high basis weight, so they can withstand high loads. These tapes are hand tear-able, which makes the manufacturing process simpler and convenient. These tapes have large thickness compared to crepe tapes, but very little elongation, from 2% to 4% mostly.

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Flatback tapes are commonly used in splicing, packaging and masking applications. Manufacturers are trying to innovate flatback tapes so that they can increase its application base. For instance, in April 2016, the 3M Company introduced a hand tear masking tape under the brand name ‘Scotch Blue PLATINUM’ for painting applications and better performance. Along this line, in July 2016, Intertape Polymer Group Inc. launched ultra-thin washi paper backed moisture resistant masking tape under the brand name FineLine for achieving better performance while painting.

The other companies operating in the market are Shurtape Technologies LLC, tesa SE Group, Nitto Denko Corp, Scapa Group plc. and Pro Tapes & Specialties, Inc., among several others. According to the report, the global flatback tapes market is expected to witness a CAGR of 5.8% from 2017 to 2027. The market was worth US$ 858.1 Mn in 2017 and is expected to touch a valuation of US$ 1,505.1 Mn by the end of 2027.

Returning Confidence of Consumers in Retail to Boost Global Market Growth

Regional optimism is rising in North America and Western Europe; is decreasing in regions such as Latin America and the Middle East & Africa; and holds steady in Asia Pacific. India, Brazil, and China represent the highest consumer confidence. The revival of consumer confidence is aiding in the growth of the automotive, FMCG, electronics, and other industries, where flatback tapes are used for the purpose of splicing, sealing, tabbing and masking applications.

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The flatback tapes market is moderately correlated with these end use industries as it follows the dynamics of these industries. Countries in Asia Pacific such as India, Indonesia, Philippines, China, Thailand and Honk Kong represent the highest consumer confidence due to high annual GDP growth rates and improving lifestyles of the people. Some countries in MEA such as UAE and Saudi Arabia also represent considerable consumer confidence in their markets.

Flatback tapes are made from paper material, which is biodegradable and highly recyclable. The rising intolerance towards plastic is favouring the demand for flatback tapes. Substitute products for flatback tapes are largely made of plastic, which are expected to create landfill issues. Thereby, implementation of regulations pertaining to environment friendliness, plastic usage and waste dumping in manufacturing industries and other businesses is influencing consumers to choose paper backed tapes such as flatback tapes.

Thickness to Turn out to be a Hindering Factor in the Global Flatback Tapes Market

Flatback tapes have high basis weight compared to crepe paper tapes. This results in higher strength, thickness and low elongation. However, the thickness makes it unfit for majority of applications like carton sealing where the application area includes sharp edges or flexible surfaces. Due to the high strength and low elongation, flatback tapes are easily tear-able by hand. Tear strength is the main area of concern in flatback tapes resulting in a slowdown in the market’s growth.

Flatback Tapes Market By Category

By Adhesive :

Acrylic Flatback Tapes
Silicon Flatback Tapes
Rubber Flatback Tapes
Others Flatback Tapes

By Product :

Single Side Flatback Tapes
Double Side Flatback Tapes

By Application :

Splicing
Packaging
Masking
Tabbing

By Thickness :

< 10 Mil
10 Mil to 15 Mil
> 15 Mil

By Region :

North America
Latin America
Western Europe
Eastern Europe
Middle East and Africa (MEA)
Asia Pacific excl. Japan
Japan

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Octabin Market In-depth Insights, Revenue Details, Regional Analysis by 2026

The octabins market is poised to surpass US$ 377 Mn by 2022, likely to surge at a vigorous 5.5% CAGR during the assessment period 2022 – 2026.

In the present-day scenario, challenges faced during packaging processes are sorted on a large scale with the help of octabins. The demand for octatainers is increasing due to decrease in the preference for big-bags and metal containers, owing to the fact that octatainers are stackable and can withstand even the bulkiest loads.

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Existing manufacturers along with new entrants in the market are focusing on superior productivity and quality, with the help of robot-supported, fully automated manufacturing technology. Manufacturers are also stepping up their efforts in introducing triple and double wall corrugated boards of all sizes. There is increasing trend for boxes that are reusable and recyclable.

The leading manufacturers are making provisions for cost-effective packaging solutions as an alternative for dispatching products in small containers and sacks. This will also benefit in shipping and labor cost savings. Several companies are working towards developing octabins for the purpose of robotic packaging lines as well as cool chain uses for frozen foods.

In order to widen the product portfolio, manufacturers are also working towards developing octabins in a way that it holds the potential for transport proficiency, extension of shelf-life and product promotion. Benefits such as flexibility in sizes and provision of printing and producing according to consumer needs will help the manufacturers in optimizing their entire supply chain, by also generating significant savings. Besides, environment friendly, reduction in load weight, carbon emissions and shipping costs are also factors leading to increasing demand for octabins.

The report specifies that revenues from global octabins market will increase at a healthy 5.4% CAGR during the projected period, 2017-2026. The report additionally anticipated that global sales of octabins will account for revenues worth nearly US$ 467.4Mn by 2026-end.

Base Discharge Octabins to Create Opportunities for Global Market in the Forthcoming Years

Base discharge octabins are nearly similar to standard octabins but the benefit to this product is that, it holds base discharge from the bottom of box or container. Manufacturers are taking efforts in increasing their product range for base discharge octabins as this product help in eliminating manual handling and are also easily available off-shelf. Companies are also strategizing in advancing octabins with base discharge system in a way that they are a perfect alternative to flow bins.

Food Industry to Increase the Usage of Octabins Which Will Drive Production Sales

Octabins are considered as standardized and large containers and are used on a large scale in the food industry for the storage of vegetables and other dry products. In food industry, usage of plastic pallets for lifting octabins is made obligatory. However, preferences of manufacturers are shifting towards wooden pallets due to factors such as hygiene regulations and cost-efficiency. Apart from this, in every heavy-duty and light industries, usage of octabins are increasing at a rapid pace.

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Notable Points from Octabin Market Report for the Forecast Period, 2017-2026

On the basis of revenue, APEJ will continue to be the largest market for octabin, followed by North America.
Based on product type, standard octabins are expected to remain significantly larger than rest of the segments.
The lion’s share in the global market for octabin is contributed by food industry.
Customized products will observe the fastest growth during the review period.

Chief market players blocked in by the report includes Quadwall, Europac, IBC International, DS Smith, Rondo Ganahl AG, International Paper, Mondi Group and Smurfitt Kappa.

Paper Napkin Making Machine Market | Potential growth, attractive valuation make it is a long-term investment by 2026

In this report, the market for paper napkin making machine is covered in detail and explores all the factors that are the reason for the sustained growth of the paper napkin making machine market.

Report Structure

The report is divided into four distinct sections. The first part of the report consists of the executive summary and the introduction. The executive summary gives a cursory look at the global paper napkin making machine market and gives the pertinent market numbers that are most important, that includes the historical CAGR growth from 2012 till 2016 and the forecasted CAGR from the year 2017 till the end of the forecast period in 2026.

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The most important segment and region pertaining to the paper napkin making machine market is also given in the executive summary. In the introduction part, the paper napkin making machines are defined clearly so that the report audiences are clear about the scope of this market and the introduction to the paper napkin making machine and their applications are given. The introduction part also contains the market taxonomy of the global paper napkin making machine market.

Besides, the introduction part also contains the global paper napkin making machine market dynamics which consist of the various drivers, restraints and trends operating the in this market. In addition to this, the introduction part also contains the supply chain analysis, cost structure analysis, pricing analysis and raw material sourcing strategy and analysis to give a 360 degree view of the global paper napkin making machine market. At the end of the introduction part, a list of distributors and key participants market presence (Intensity Map) by region is also given.

Automatic Paper Napkin Making Machines to Gain Momentum

Next-generation paper napkin making machines are gaining increased traction in the paper napkin making machines market, driven by recent developments in the paper napkin industry. Proliferation in demand for paper napkins across various industrial verticals has been compelling manufacturers to focus on the development of more efficient paper napkin making machines, which hold potential in bolstering the industry’s productivity.

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Competition Landscape

The last part of the report consists of the competition landscape, where leading market players operating in the global paper napkin making machine market are profiled individually. This information is in the form of company overview, product overview, key financials and key developments pertaining to that particular company. The competition landscape section also contains the SWOT analysis of the featured companies, which gives the report audiences information about the strengths, weaknesses, opportunities and the threats that the leading companies operating in the global paper napkin making machine market are facing.

Research Methodology

Overall market size has been analysed through historical data, primary responses, and public domain data. Revenue of companies in the paper napkin making machine market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the forecast period.

The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated using the triangulation method and is extensively scrutinised using advanced tools to garner quantitative and qualitative insights into the global paper napkin making machine market.  

Market Taxonomy

Region

North America
Latin America
Europe
Japan
APEJ
MEA

Production Capacity

100-200/Hour
200-400/Hour
400-600/Hour
600-800/Hour

System Type

Integrated
Standalone

Operation

Automatic
Semi-Automatic

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