Market Research Blog – Page 11310 – New Product Development

Urinary Collection Device Market Size, SWOT Analysis, Demand Outlook to 2026

Urinary Collection Device Market Overview:

Urinary collection device (UCD) is a medical product helps in managing urinary output, hygiene required for long term medical care and collection of urine sample for urinalysis which include detection of various disorders such as urinary tract infection. Urinary collection device is used as a backup to bladder urine collection system or to prevent accidental leakage primarily among patients who stay in the hospital for long time and need bed rest.

Urinary collection device is also used during spaceflight, in military fighter aircraft that are not equipped with toilets help pilots to empty their bladder who are required to fly aircraft for several hours, and among patients suffering from urinary incontinence disorder. Urinary collection device also helps in minimizing the contamination of urine specimen with bacterial flora from the patients and minimize the risk of urine leakage and odor. Urinary collection device is useful during travel or where the accessibility to a toilet is difficult.

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Urinary Collection Device Market: Dynamics

Increasing aging population along with risk of urological disorders such as urinary incontinence, rising demand for hygiene products and reimbursement policies are the factors expected to drive the growth of global urinary collection device market.

Increasing prevalence of chronic kidney disease, rising demand for cost effective reusable products and self-monitoring devices are some other factors expected to fuel the growth of global urinary collection device market. However, complications associated with wear of device, difficulty in device maintenance, increasing in the risk of urinary tract infections during urinary drainage, difficulty in disposal of product, chances of skin irritation are the factors that may hamper the growth of urinary collection device market.

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Urinary Collection device: Regional Overview

Depending on geographic region, urinary collection device market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.

North America held largest share in the urinary collection device market followed by Europe, Japan and Asia Pacific owing to high incidence of chronic diseases, favorable reimbursement policy, rise in research & development activities and developed healthcare infrastructure.

The developing nations in Asia Pacific, Middle East and Africa hold huge potential for growth in the urinary collection device market, due to increase in the awareness about hygiene care, rising per capita income and living standards along with increase healthcare expenditure.

Urinary Collection device: Top Players

Some of the key players in global urinary collection device market are Teleflex, Medline Industries, Inc., Hollister Incorporated, Coloplast Ltd., Braun Melsungen AG, CR Bard Inc., Boston Scientific Corporation, Covidien Plc, CooK Medical, Thermo Fisher Scientific Inc. and BD.

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 categories such as market segments, geographies, type of product and applications.

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Urinary Collection Device Market : Key Segmentation Analysis

The global urinary collection device market has been classified on the basis of product type, raw material and end user.

Based on product type:

Urine Sample System
Urine Sample Container
Urine Sample Tube
Urine Sample Bottle
Urinary Catheter
Foley Catheter
Intermittent Catheter
External Catheter
Urine Bags
Urinary Leg Bags
Urinary Bedside Bags
Urinary Belly Bags

Based on raw material type:

Latex
Silicone
Plastic
Rubber

Based on end user type:

Home Care Settings
Nursing Facilities
Clinics
Diagnostic Laboratories
Hospitals

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Organ Preservation Market Size to Cross USD 317 Million by 2026

The Organ Preservation Market is likely to reach US$ 455 Million in revenue by 2032, from US$ 230 Million in 2021, registering a strong 6.4% CAGR during the forecast period.

Organ Preservation Market Overview:

The practice of conserving healthy organs removed from donors’ bodies is known as organ preservation. Organs are removed from the donor’s body, stored for transit, and then transplanted into the recipient’s body without causing major damage. The rising incidence of chronic illnesses has a direct impact on the adoption of organ preservation, according to the findings of this study.

Attributes	Details
Organ Preservation Market CAGR (2022-2032)	6.4%
Organ Preservation Market (2026)	US$ 317 Million
Organ Preservation Market (2032)	US$ 455 Million

Donor organ quality is strongly influenced by organ preservation for transplantation, which has a direct impact on a patient’s morbidity and survival rates following transplantation. One of the important reasons driving the organ preservation solutions market growth is the rising incidence of chronic illnesses, as well as the growing elderly population throughout the world.

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Static cold storage organ preservation treatments are becoming more common as a result of the rising number of organ failures caused by diabetes, cardiovascular illnesses (CVDs), obesity, and other serious medical problems. Innovative and sophisticated strategies for organ preservation, such as NMP, are working as a growth-inducing agent.

Such strategies help to reduce the risk of reperfusion damage following transplantation and enhance static cold storage organ preservation results in clinical and experimental research. Furthermore, a growing number of government and non-government regulations and activities to encourage organ donation are favorably boosting the organ preservation solutions market growth.

The market is also being pushed forward by the growing number of people who volunteer to donate their organs for transplantation and research. Other factors such as increased research and development (R&D) as well as substantial developments in the global organ preservation market are expected to considerably contribute to market expansion.

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Key Takeaways:

When the liver is no longer functioning, a preservation injury liver transplantation, also known as a hepatic transplant, can potentially preserve a person’s life. A doctor may also recommend a liver transplant to a patient who has reached the final stage of liver disease.
American Journal of Transplantation article, individuals who have a liver transplant had an 89% likelihood of survival after one year. The increasing need for organ transplantation is driving the global organ preservation market throughout the area.
Around 114,000 people in the United States are now on the waiting list for a life-saving organ transplant, according to the American Transplant Foundation. Each day, on average, 20 individuals die due to a scarcity of accessible organs for transplantation.

Competition Analysis:

The global organ preservation marketis dominated by companies such as Paragonix Technologies (US), XVIVO Perfusion AB (Sweden), Dr Franz Köhler Chemie GmbH (Germany), Essential Pharmaceuticals, LLC (US), TransMedics (US), OrganOx Limited (UK), 21st Century Medicine (US), Bridge to Life Limited (US), Waters Medical Systems (US), Preservation Solutions (US), Carnamedica (Poland), Transplant Biomedicals (Spain), Institut (Netherlands).

Key Market Segments Covered in the Study:

By Solution:

University of Wisconsin Solution (UW Solution)
Custodial HTK
Perfadex
Other Solutions

By Technique:

Static Cold Storage
Hypothermia Machine Perfusion
Normothermic Machine Perfusion

By Organ Type:

Kidney
Liver
Long
Heart
Pancreas

By End User:

Organ Transplant Centres
Hospitals
Speciality Clinics

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By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa (MEA)

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Noise And Vibration Coatings Market | Analysis, Segments, Leading Player, Application & Forecast to 2026

Noise and vibration coatings are water based coatings containing noise reducing pigments and are VOC compliant, it is used to reduce noise and vibrations from machinery’s and automotive. It is non-flammable and contains and non-toxic in nature and possess highly thixotropic properties along with good temperature resistance up to 350 degrees Fahrenheit and acts as corrosion resistance for machines.

Moreover, once applied on the surface it can be washed and the coatings does not peel off or cracks. The noise and vibrations coatings are manufactured in spray and paste form. There are norms, which allows only a permissible decibel of sound to be emitted from the machinery’s or industries thus providing safety to worker operating under harsh noises.

The noise and vibration coatings are used in different applications such as motors and transformers, metal ducts, HVAC systems, grinders, and door panels of car among others. The global noise and vibration coatings market is expected to show considerable growth by the end of forecast period due to its wide range of applications in the end use industries from automotive to marine.

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The global noise and vibration coatings market is primarily driven by the increasing demand from the industries to reduce the noise and vibrations from the rotating equipment in order to comply with the regulations for noise emission.

The noise and vibration coatings also protects the surface from corrosion thus having a multipurpose use, which can reduce the additional costs for corrosion prevention coatings. Moreover, the noise and vibrations coatings being water based and VOC free is contributing to the growth of noise and vibrations coatings globally.

Some of the big players in the coatings market are developing technologies to enhance the existing noise and vibration coatings in the market. For instance, DOW coating materials has developed a new a technology Liquid-Applied Sound Damping (LASD) that can be used to mitigate noise and vibrations in cars and home appliances among others.

The global market for noise and vibration coatings is segmented based on resin types, applications, end use industries and regions. Based on the resin types the global noise and vibration coatings market can be segmented into epoxy resins, epoxy PE resins and thermoplastics.

Based on applications, the global noise and vibration coatings market can be segmented into car door panels, motors, metal ducts, grinders and tanks among others. Based on end use industries the global noise and vibration coatings can be segmented into automotive, marine, aerospace, home appliances among others.

Based on the geographic regions, global noise and vibration coatings market is segmented into seven key market segments namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa.

The North America market for noise and vibration coatings market currently holds the largest market share for the noise and vibration coatings market among the aforementioned regions. The Western Europe market trails behind the North American market in terms of market share.

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The stringent regulations for noise emission in these regions as well as adaption of new technologies for noise and vibrations coating in the region attributes to the growth of noise and vibrations coatings market in these regions. However, by the end of forecast period the Asia-Pacific market for noise and vibration coatings market is expected to grow significantly due to the growth in automotive industry and other industries in the region.

Some of the major players identified in the global global noise and vibration coatings market includes The Dow Chemical Company, Mascoat, LORD Corporation., Silent Running, Daubert Chemical Company and The Decc Company among others.

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Butyl Elastomers Market | Industry Analysis, Size, Share, Growth, Trends and Forecast to 2027

Butyl elastomer, commonly known as butyl rubber, is basically a synthetic rubber produced by co-polymerization of isobutylene with isoprene. Butyl rubber possesses several superior physical and chemical characteristics which makes it extremely useful across various industries. Butyl rubber is highly impermeable to air, gases, and moisture, thus, becoming very useful for applications requiring an airtight atmosphere.

Butyl rubber is highly resistant to heat, aging, weathering, chemical attack, abrasion and tearing and also possess good shock absorption and electrical insulation characteristics. Due to such physiochemical properties, butyl rubber finds its utilization in the manufacturing of automotive tyres (inner liners), tubes & other ancillaries, sports goods, vibration mounts, electrical fluids, ball bladders, adhesives and sealants etc.

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Butyl Elastomers Industry: Market Dynamics

Increasing utilization of butyl rubbers for end-use applications such as tyre & tubes, various mechanical automotive components e.g. vibration control products, hoses and gaskets, in manufacturing of adhesives and sealants and other construction products etc. is driving their demand in the market.

Besides, adaption of butyl rubbers for newer applications, due to introduction of novel technical grades of butyl rubbers by manufacturers, is also driving their demand globally. Besides, factors such as high raw material costs, fierce competition and cyclic nature of major end-use industries such as automotive and construction etc. is expected to pose significant challenges in the overall butyl elastomers market between 2016 and 2026.

Market players, in order to serve new areas of applications for butyl elastomers products, are highly focused in increasing their product offerings by altering physical and chemical properties of regular butyl rubber products. Over the last couple of decades, after the introduction of tubeless tyres in the market, butyl rubber products has witnessed a sharp increase in their demand.

Besides, halogenated grade butyl rubber, unlike the normal butyl rubber grades, can be used in blend with natural rubber or synthetic rubbers such as nitrile rubber (NBR), styrene-butadiene rubber (SBR), polychloroprene rubber (CR), ethylene-propylene rubber (EPDM), or butadiene rubber (BR). Companies are increasing investing in research and development to produce more technical grades to serve newer applications for butyl rubbers.

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Butyl Elastomers Market Segmentation

Global butyl elastomers market is segmented on the basis of type and application. On the basis of type, butyl elastomers market is segmented into regular butyl rubber and halogenated butyl rubber. The halogenated butyl rubber segment is further sub-segmented into chloro butyl and bromo butyl rubbers.

On the basis of application, butyl elastomers market is segmented into tyres and tubes, automotive mechanical component, adhesives & sealants, pharmaceutical & healthcare, consumer products and others (industrial etc.). The tyre and tubes segment is anticipated to hold the largest market share in the global butyl elastomers market by end of the forecast period (2016-2026).

Butyl Elastomers Market: Regional Outlook

On the basis of region, global butyl elastomers market is segmented into seven key regions namely North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Middle East and Africa and Japan. The report covers market demand for butyl elastomers in each region between years 2016-2026.

Butyl Elastomers Market: Key Players

The key players reported in this study of butyl elastomers market include Exxon Mobil Corporation, China Petroleum & Chemical Corporation, Lanxess AG, Reliance Industries Ltd., PJSC “Nizhnekamskneftekhim”, SIBUR (PJSC SIBUR Holding), etc.

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, S. Africa, N. Africa)

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

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Potash Ores Market | Development Trends, Competitive Analysis and Key Manufacturers Report to 2026

Potash ores are raw materials which are used for manufacturing potash, fertilizers and other chemicals. It usually consists of sodium chloride (halite), potassium chloride (sylvite), silicate, anhydrite and carbonate. Potash ores are processed by hot leaching with crystallization of salts of potash from unsaturated salt brines.

Some of the commonly used ore processing methods include chemical methods such as hot leaching and mechanical methods such as floatation. The floatation processing method is dependent upon the capacities of sylvite and halite surface which is to be moistened with water by the addition of acting chemicals such as surfactants.

The method of hot leaching is dependent upon the physiochemical properties of potassium chloride, sodium chloride and water. The main principle in this method is the temperature difference between sylvite and halite. This method is implemented for manufacturing potassium chloride in granular and white crystalline form, which can be painted reddish pink.

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Global Potash Ores Market: Drivers and Restraints

Global demand for potash ores is expected to rise significantly with the growth of the fertilizer industry over the next few years. In addition, rising consumption of organic food is expected to drive the demand for potash fertilizers, thereby boosting the potash ore market over the next few years.

North America and Europe are the largest consumers of organic foods. Significant growth is expected in the Asia-Pacific region over the next few years on account of rising disposable incomes of consumers and an inclining trend towards healthy food.

However, rising health concern from the consumption of potash fertilizers as well as fluctuating prices of potassium chloride is expected to slow down the growth of the market. Demand for food and animal feed has been on the rise since 2000 with growing disposable incomes in developing economies being a major factor in the growing potash and fertilizer use.

However, after years of showing an upward growth trajectory, fertilizer use experienced a significant decline in 2008. The global economic downturn has been the primary cause for decreased potash use as well as the declining prices, which caused instability in crop and raw material prices and fuelled uncertainty in the farming community.

Increasing use of potash as potash mobilizing biofertlizers is expected to provide new opportunities for the growth of the market.

Global Potash Ores Market: Regional Outlook

Growth of the fertilizer industry has been one of the major factors driving the demand for potash ores. The global outlook for the fertilizer industry shows a positive growth, resulting from a progressive demand for phosphate and potassium demand in Asia Pacific.

Although agricultural prices have been under pressure, they are anticipated to remain attractive stimulating fertilizer applications leading to the growth of the industry. Demand for potash ores is expected to witness a noticeable increase in every region except North America, due to the expected drop in crop prices and residual effect of nutrient applications leading to a decline in consumption.

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Future market growth is expected to be significant from emerging regions such as Asia Pacific as a result of improvements in fertilizer practices by Indian farmers. As per The International Fertilizer Industry Association, more than 25 potash expansion projects have been intended by manufacturers between from 2013 to 2017.

Global Potash Ores Market: Market Players

Elementals Minerals Limited, Agrium Inc., PotashCorp, JSC Belaruskali, Uralkali, K+S GmbH, and Israel Chemicals Ltd. are some of the key players present in the potash ore market.

Global Potash Ores Market: Segmentation

Global potash ore is segmented into type of mineral extracted and End-Use Industry

On the basis of mineral extracted, the global potash ore market is segmented as below:

Potassium Chloride
Sodium Chloride
Others

On the basis of End-Use Industry, the global potash ore market is segmented as below:

Agriculture
Metallurgical
Chemical
Others

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Polyetheramine Market Research by Key players, Type and Application, Future Growth to 2026

Polyetheramines are typically the curing agents which contain polyether and amine moieties, are majorly used to increase toughness, flexibility, hydrophobicity or hydrophilicity of the end-products. Polyetheramines are used for a range of applications including polyurea, epoxy curing and polyamides in a range of coatings.

Polyetheramines are also used in adhesives, ink resins, elastomers and sealants. The considerable growth in coating industry is anticipated to boost the demand for polyetheramine.

Additionally, the substantial growth of elastomers, sealants and adhesives are also expected to increase the demand for polyetheramine during the forecast period. Thus, the wide array of applications and the following end-user industry is expected to drive the market for polyetheramine. The growth in polyetheramine end-user industries in Asia Pacific region is expected to be the largest region in the polyetheramine market.

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Polyetheramines have a moderate glass transition range of 25 to 100O C and are primarily available in colorless liquid form with odor similar to amines. Additionally, polyetheramines have long pot life and find application in hot melt adhesives, engineering composites and sealants. In addition to adhesives, polyetheramines are also used as fuel additives.

Epoxy coatings are also used in composite materials such as fiber glass and carbon fibers. The broad range of properties of polyetheramines is expected to drive the polyetheramine market. Considering the rising demand for polyetheramines in several end-user industries, in January 2014, Hunstman Corporation announced to increase the global production of polyetheramines by 15 percent.

Polyetheramine Market: Segmentation

Polyetheramine market is segmented on the basis of application and region. Based on application, the market can be segmented into polyuria, composites, fuel additives, epoxy coating, adhesives and sealants and other application. The epoxy coating application is expected to be the major application segment in the polyetheramine market.

Epoxy coatings being exceedingly durable coatings can be used for variety of purposes including adhesives, durable coatings for metals and floors. By region, the polyetheramine market can be segmented into North America, Latin America, Asia Pacific, Western Europe, Eastern Europe, Middle East and Africa and Japan.

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Polyetheramine Market: Regional Outlook

Asia Pacific region is expected to be the fastest growing market for polyetheramine during the forecast period. The major reason for the growing demand for polyetheramine is the considerable growth in end-user applications and the respective industries consuming polyetheramines.

The developing Asian countries such as India, China, Malaysia, Indonesia and Thailand are expected to have sizeable growth owing to demand for adhesives, sealants and other major applications of polyetheramines.

Growing consumption of polyetheramines from epoxy coatings and from several composite materials is likely to increase the requirement of polyetheramine across the globe. The other applications of polyetheramines primarily include cement additives, acid neutralization, demulsification in oilfield and other niche applications are expected to drive the demand for polyetheramine.

The developed countries such as U.S. and U.K. are progressively recovering from the sluggish economic conditions and boosting the demand for polyetheramines. Considering the global outlook, the demand for polyetheramine application products is expected to record an outstanding growth during the forecast period.

Polyetheramine Market: Key Players

Some of the key players operating in polyetheramine market are Yantai Dasteck Chemicals Co., Ltd., BASF SE, Huntsman Corporation, Clariant, Yantai Minsheng Chemicals Co., Ltd., Yangzhou Chenhua New Materials Co., Ltd, Wuxi Acryl Technology Co., Ltd. and Qingdao IRO Surfactant Co., Ltd.

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Low Rolling Resistance Tire Market Research, Segmentation, Key Players Analysis and Forecast to 2031

Surging carbon footprint attributed to heavy automotive usage has led manufacturers to improve existing vehicle tire designs has significantly heightened demand for low rolling resistance tires, according to ESOMAR-certified Future Market Insights’ (FMI) latest research report. As per the study, the global low rolling resistance market is slated to surpass a staggering CAGR of 11% across the forthcoming decade.

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Key manufacturers are increasingly focusing on achieving fuel economy, one of the top priorities in the global fight to achieve environmental sustainability in the automotive domain. The United States Department of Energy advocates that adopting low roller resistance tires can yield around 5-15% of fuel economy. A 5% reduction in rolling resistance would improve fuel economy by approximately 1.5% for light and heavy duty vehicles.

Prominent manufacturer Bridgestone Group offers revolutionary solutions contributing to CO2 emissions reductions by customers and partners across society. To accelerate its contributions, it has set the focused target towards 2030: contributing to global emissions reduction across the lifecycle and value chain. For the target of a 25 percent reduction in tire rolling resistance by 2020, it achieved a 23 percent reduction in 2019.

Key Takeaways from FMI’s Low Rolling Resistance Tire Market Study

By vehicle type, passenger vehicles to emerge as primary low rolling resistance tire end-users
Wide band width low rolling resistance tires to account for nearly a quarter of the global demand
Sales across the aftermarket segment are likely to surpass an impressive valuation, given the ever expanding volumes of global transportation fleet
US to experience noteworthy expansion amid robust presence of regional level tire manufacturers
India and China to generate lucrative opportunities across South Asia & East Asia, collectively experiencing over 3x growth
Massive investment projects to augment production capabilities to bolster demand across Japan
Broadening EV market to widen low rolling resistance tires adoption across Germany

“Visibly increasing consumer tilt towards commercial vehicles for long distance travel is likely to amplify sales of low rolling resistance tires by prominent automotive manufacturing giants,” says the FMI analyst.

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Competitive Landscape

Bridgestone Corporation, The Goodyear Tire & Rubber Company, Sumitomo Rubber Industries Ltd., Pirelli & C S.p.A, Hankook Tire, MICHELIN, Continental AG, Trelleborg AB, The Yokohama Rubber Co. Ltd, Apollo Tyres Ltd., Maxxis International (Cheng Shin Rubber), Marangoni S.p.A and MRF Tyres are some prominent players operating in the low rolling resistance tire market.

Emphasis on lightweight tires is prompting prominent players to introduce appropriate product portfolios. For instance, in April 2021, Milan-based Pirelli & C S.p.A introduced P ZERO RACE Tub SL, a new rubber, equipped with a special inner tube which guarantees a reduction in overall tire weight exceeding 10%, while maintaining the same grip, smoothness and reliability for bicycles.

Manufacturers are also focusing on offering customized solutions to appropriate end-use industries. Hankook Tire, for instance, announced in April 2021 that it intends to supply original equipment for Porsche 718 Boxster and Cayman models, including tailor-made Ventus S1 evo 3 tires in sizes 235/40 ZR19 (92Y) N-O for the front axle and 265/40 ZR19 (98Y) N-O for the rear axle.

Key Segments Covered

Vehicle Type

Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle

Width Type

Dual Type
Wide Band Type

Sales Channel

OEM
Aftermarket

Region

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

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Two Wheeler Aftermarket Components and Consumables Market Present Scenario and Growth Prospects 2031

As per Future Market Insights, expanding reception of bikes for individual use is setting the interest high for reseller’s exchange parts and consumables for bikes. Deals of bikes are expanding at a vigorous speed across non-industrial nations like India, Indonesia, Vietnam, and Brazil.

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Combined with this, the expanding interest for parts and consumables for bikes in China, Japan, the U.S. what’s more Germany will set out worthwhile development open doors for the market. According to the review, Asia Pacific will hold the biggest portion of 57.1%, trailed by Europe with 21.8% through 2031.

The bike parts and consumables post-retail noticed slight decrease in deals volume in 2020 because of the episode of COVID-19. Request from significant nations wound down because of execution of lockdown by legislatures, nonetheless, the created request was some way or another satisfied by the neighborhood providers who amassed before the pandemic.

Interest for bike parts and consumables has been expanding from standard bikes section because of the developing notoriety of standard bicycles for individual use.

Key makers are relied upon to contribute intensely for market extension and spotlight on innovative work connected with bike parts and consumables to acquire upper hand.

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Key Points from Two Wheeler Components and Consumables Aftermarket Study

Standard bike section is projected to hold more than 26% volume portion of the worldwide market in 2021 and will keep displaying hearty interest for consumables.

Interest for consumables is set to hold more than 60% of the portion of the overall industry as far as worth before the finish of estimate period.

South Asia and Pacific is relied upon to stay an essential market moved by rising interest for bikes in the locale. It is relied upon to represent more than 34% of the portion of the overall industry in 2021.
Online deals channels portion is set to flood at CAGR of around 8.1% over the approaching ten years.
India is arising as a key market, adding up to US$ 4.5 Bn in 2021 and it is estimate to enroll 9.4% CAGR in the conjecture time frame.

Key Players

ZF Friedrichshafen AG, Holley Performance Products, Exide Technologies, Advance Auto Parts, Harley Davidson, Tenneco, Inc., FastBikeGear, Bajaj Auto, Gabriel India Limited, Showa Corporation, KYB Corporation, TVS Motor Company, Foshan Xinmatuo Motorcycle Parts Industrial Company, Hero Motocorp Ltd., Yamaha Motor Company Ltd., Hella KGaA Hueck & Co, OSRAM Licth AG, BMW Group, BITUBO S.r.l.

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Two Wheeler Components Aftermarket & Consumables by Category

By Two Wheeler Type:

Standard Motorcycle
Cruiser Motorcycle
Sports Motorcycle
Standard Scooter
Maxi Scooter
Mopeds

By Product Type:

Components
- Fuel Injector
- Fuel Filter
- Air Filter
- Brake Pads
- Brake Shoes
- Brake Caliper
- Accelerator & Brake Cable
- Electric Starter Motor
- Clutch Plate
- Chain & Sprocket
- Battery
- Headlight Bulb
- Turn Indicator Bulb
- Spark Plugs
- Ignition Coil
- Shock Absorber
- Seat
- Exhaust Muffler
- Mirror
- Tires
Consumables
- Washing Shampoo
- Cleaning Polish
- Coolant
- Engine Oil

By Sales Channel:

Authorized Dealers
Independent Dealers
Online

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East and Africa (MEA)

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Medical Coatings Market | Analysis, Key Players, Industry Segments and Forecast to 2026

Medical device components and electronics require protection to be effective. Electrical charges, moisture, bodily fluids and contamination can render a life saving device useless and ineffective. Medical coatings need to be ideal for most types of substrates, including metals, glass, plastics, ceramics and silicone rubber, and should be sterilizable on all of them.

Physico-mechanical coatings are those designed with physico–mechanical properties such as moisture, chemical and electrical barrier properties as well as tribological (lubricous) properties. The damage to the mucosal lining has led to development of antimicrobial coatings with biological function (antimicrobial activity) and physico–mechanical function (lubricity).

Medical device coatings are significantly used to enhance performance of devices and augment product surface function. In addition, coatings help in reducing friction between tissues and devices, provide wetting, surface coverage and coating homogeneity. Most of the medical devices require non-stick coatings over electrical insulation, molded, biocompatible or other finishes.

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Medical Coating Market: Drivers

The increasing demand for coatings for life saving devices from medical industry is expected to increase the consumption of medical coatings. In addition, rising demand for life saving devices from emerging economies of Asia Pacific and Latin America is expected to increase the consumption of medical coatings.

However, availability of substitutes, product aging, low shelf life and rising costs could hamper the growth of this market. In addition, varying government regulations for medical devices across countries may hamper the growth of medical device coating market to some extent.

Medical Coating Market: Regional Outlook

North America has the largest market share for medical coating, followed by Europe and Asia Pacific. However, Asia Pacific is expected to experience fastest growth during the forecast period. India and China are expected to be the major consumers of medical coatings in Asia Pacific due to presence of an established medical industry.

Hong Kong, Australia, New Zealand, Republic of Korea, Japan, Vietnam, Malaysia and Indonesia are expected to be other major consumers of medical coatings in Asia Pacific. In addition, Latin America is expected to experience high growth due to rapid economic development and growth in medical industries.

Argentina, Brazil and Peru are expected to be major consumers of medical coatings in Latin America.

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Medical Coating Market: Key Players

Large and medium medical equipment and pharmaceutical manufacturing companies dominate the medical coatings market. Some of the key players in this market are SurModics, the DECC Company, Hangzhou Kangsheng Medical Equipments Co., Ltd., Yangzhou Fuda Medical Devices Co., Ltd., Precision Coating Co., Inc. , Donwell Company, Inc., Merit Medical Systems, Inc., Harland Medical Systems , Applied Medical Coatings, LLC., Dymax Corporation , Raleigh Coatings , Abbott Laboratories , Biocoat Inc AeonClad , Bayer Material Science LLC, Boston Scientific Corporation , Covalon Technologies Ltd., Endura Coatings Ltd , Specialty Coating Systems Inc., and TheraSyn Pharmaceuticals Inc. among others.

Companies are using strategic acquisitions and mergers to increase their market share. In 2011, Kensey Nash, a medical device company focused on regenerative medicine, acquired the assets of Nerites, a developer of medical adhesives and anti-fouling coatings, for cash consideration of $20 million.

In addition, companies are increasing their presence in emerging market of Asia Pacific and Latin America to remain competitive in market. Furthermore, companies are investing in research and development to introduce various types of medical coatings with superior characteristics and features.

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Medical Coating Market: Segmentation

Medical coatings market is segmented on the basis of type, application and region.

By type, medical coating can be segmented into

lubricants
antimicrobial
hydrophilic coatings

By application, the medical coating can be segmented into

medical devices
implants
medical equipment
tools
others.

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 favour 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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Healthcare Interoperability Solutions Market to Grow at Outstanding 14% CAGR

The healthcare interoperability solutions market is expected to have average growth during the forecast period, with a CAGR of 14% predicted to take it from a valuation of US$ 3.3 billion in 2021 to US$ 5.5 billion by 2026.

Healthcare Interoperability Solutions Market Overview:

The adoption of cloud technology related to healthcare services is one of the emerging trends in the healthcare interoperability solutions market and a major driving force. Electronic health record data is rapidly growing, making it difficult to store large amounts of data on local storage devices without risking losing vital information.

The offline mode makes it difficult to share large amounts of data. As a result, healthcare interoperability software solutions are becoming essential and crucial. They enable easy sharing and storage of big data, which spikes the global healthcare interoperability solutions market size. Furthermore, the government’s implementation of various healthcare reforms has increased the market’s demand for healthcare interoperability solutions.

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Pre-COVID, healthcare organizations faced challenges with interoperability and ineffective data management, which were exacerbated during the pandemic, and clinicians missed important COVID-19 information due to interoperability issues in healthcare, which resulted in inpatient treatment delays and clinicians’ inability to document patients’ status adequately.

Due to the rapid changes each day of the pandemic, data exchange was ineffective and challenging to coordinate. With new coronavirus variants causing new COVID-19 outbreaks worldwide, data sharing through interoperability becomes even more critical.

On account of the factors mentioned above, the healthcare interoperability solutions market is likely to garner a revenue of about US$ 5.5 Bn by 2026.

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“The market for healthcare interoperability solutions is expected to dominate the North American region. Some of the major factors driving the adoption of healthcare interoperability solutions in this region are the growing demand for high-quality healthcare, the implementation of favorable initiatives, effective EHR implementation by healthcare organizations, and healthcare costs have nearly doubled in the last decade, particularly in the United States.

According to the Organization for Economic Co-operation and Development (OECD), public spending on healthcare and long-term care in OECD countries will rise from 6% of GDP in 2018 to nearly 9% by 2030 and 14% by 2060.” affirms an FMI analyst.

Competitive Landscape:

The leading companies in the healthcare interoperability solutions market include Koninklijke Philips NV, Interfaceware Inc., Orion Health Group Limited, Infor Inc., Allscripts Healthcare Solutions, Inc., Cerner Corporation, Nextgen Healthcare, Inc., OSP Labs, EPIC Systems Corporation, and Intersystems Corporation.

Key Segments Covered:

By Type:

Software Solutions
Services

By Level of Interoperability:

Foundational Interoperability
Structural Interoperability
Semantic Interoperability

By End User:

Healthcare Providers
Healthcare Payers
Pharmacies

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

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Why Future Market Insights?

Comprehensive analysis on evolving purchase pattern across different geographies
Detailed insights of market segments and sub-segments for historical as well as forecast period
A competitive analysis of prominent players and emerging players in the keyword market
Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years.

About FMI: