Fungal Testing Kits Market is set to experience a significant growth of 10.4% CAGR from 2022 to 2030

Growing prevalence of superficial and systemic fungal infections have posed a significant challenge to healthcare providers across the world. Increasing prevalence of fungal infections of the skin, vagina and blood have prompted vendors to concentrate on developing swift and advanced molecular diagnostics in recent years.

Techniques such as real-time testing have led to massive proliferation of the fungal testing kits market, with technologies such as loop mediated isothermal amplification coming to the forefront. Molecular diagnostic based tests have immensely assisted in administering timely treatment to severely infected patients, thereby reducing fatalities.

In light of these developments, ESOMAR-certified consulting firm Future Market Insights opines that the global fungal testing kits market will reach US$ 3.4 Bn by 2030, registering an incremental opportunity worth US$ 2.1 Bn throughout the forecast period.

Fungal Testing Kits Market- Key Takeaways

  • Widening expenditure on healthcare infrastructure to uplift demand across Asia-Pacific
  • Molecular detection tests to tower over others, reaching US$ 1.6 Bn by 2030
  • Skin samples are anticipated to capture the lion’s share, accounting for over 40% of the market
  • Medical diagnosis to remain core application area, generating an attractiveness index of 2.8

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COVID-19 Impact Insights

The novel coronavirus pandemic has led the entire world into doldrums. With a massive uncertainty looming large over people’s heads, a major economic downturn is on the cards. In spite of this, the healthcare industry remains stoic, committed to eradicate the pandemic as soon as possible.

Future Market Insights projects the fungal testing kits market to register minor shortfalls in the short-term, pegging the slowdown to a rate of 1.1%. Short-term supply crunches were experienced in the initial months, attributed to logistical curbs. However, online marketing helped restore the growth trajectory.

Recent studies have concluded that demand for fungal testing kits are anticipated to surge due to rising cases of COVID-19 associated pulmonary aspergillosis (CAPA). Thus, a minor setback is expected for the market in the short-run, after which projections are expected to return to normal.

Competitive Intelligence

Prominent players include Merck KGaA, Thermo Fisher Scientific, bioMerieux SA, ELITech Group, PerkinElmer Inc., GenMark Diagnostics Inc., Norgen Biotek, C.P.M Diagnostic Research SAS, Biomed Diagnostics Inc., PCRmax, F. Hoffman La-Roche Ltd., Hologic Inc and Bioquochem. The market appears to be fairly fragmented in nature.

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In May 2019, Thermo Fisher Scientific announced the acquisition of Brammer Bio, a leader in viral vector manufacturing for gene and cell therapies for US$ 1.7 billion. The acquisition has helped the former enhance its laboratory products and services portfolio.

In 2018, PerkinElmer Inc. announced development of the Quasar C-18 used to compare Clotrimazole HPLC analysis. In February 2020, GenMark Diagnostics Inc. published a pipeline study detailing the effectiveness of a PCR-based digital microfluidics and electrochemical detection system for rapid identification of 15 fungal pathogens.

More Insights on the Fungal Testing Kits Market

Future market Insights offer a unique perspective and actionable insights on fungal testing kits market in its latest study, presenting historical demand assessment from 2015 – 2019 and projections from 2020–2030 based on test type (Molecular test, chromogenic test and others), by sample type (Skin, urine , vaginal secretions, blood, cerebral and others), by application (Research, Susceptibility Testing, Medical Diagnosis and others) by End user (Diagnostic Laboratory, Hospitals, Pharmaceutical Companies, Research and Academic Institutes) in seven key regions.

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Key Market Segments Covered In Fungal Testing Kits Industry Research

By Test Type:

  • Molecular Test
  • Chromogenic Test
  • Others

By Sample Type:

  • Skin
  • Urine
  • Vaginal secretions
  • Blood
  • Cerebral
  • Others

By Application:

  • Research
  • Susceptibility Testing
  • Medical Diagnosis
  • Others

By End User:

  • Diagnostic Laboratory
  • Hospitals
  • Pharmaceutical Companies
  • Research and Academic Institutes

By Region:

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

About FMI:

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

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Base Station Analyser Market Key Players, SWOT Analysis, Key Indicators and Forecast to 2027

Global deployment of base station analyzers will represent over 200 (‘000) units in 2019 due to continued demand from the IT and telecommunication industries.  A recently published research report evaluating the base station analyzer environment estimates it to be just over 5% per year. About $1 billion in market revenue increased over what was achieved in 2018.

While the greatest potential for base station analyzer installations is identified in the semiconductor and electronics sectors, the IT and telecom sectors and the industry’s total revenue share is estimated at over 55% in 2019.

It is reported that the deployment of base station analyzers in developing markets such as China and India will continue to increase due to dramatic changes in the telecommunication industry, superior Internet reach, and rapid IoT penetration across industries. On the other hand, Japan is also referred to as a lucrative investment pocket for base station analyzer manufacturers, with the exception of Europe and North America.

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VIAVI Solutions Inc. Launches First 5G Base Station Analyzer

The report highlights the importance of 5G and other next-generation technologies that are currently under the spotlight of strategic developments by leading companies operating in the base station analyzer market. Leading manufacturers of high-performance base station analyzers to support already operational WiMAX, 2G, 3G and 4G networks are now shifting their focus to developing optimally operable base station analyzers for upcoming 5G connections.

The growing deployment of wireless technology infrastructure is cited as the most prominent driver driving the demand for base station analyzers worldwide. VIAVI Solutions Inc., one of the market leaders, recently unveiled the industry’s first ‘true’ 5G base station analyzer to meet the needs of 5G NR and 5G TF standards. Claimed to have the capabilities to verify and troubleshoot 5G wireless access, CellAdvisor 5G is poised to strengthen the company’s relationship with its Tier 1 customer companies, facilitating further product innovation.

Favorable position in APAC with impressive and positive prospects for 5G technology

The rapid penetration of 5G technology has closely supported the growth of the Asian market in the field of base station analyzers. This has been further strengthened by increasing foreign direct investment in the Asia Pacific region, particularly China and India.

The growing importance of high-speed internet connections, coupled with the active adoption of advanced technologies across industries, is likely to boost the demand for base station analyzers in Asia significantly over the next few years.

The report highlights the analysis of the pivotal role of government-led FDI in creating lucrative business opportunities residing in developing countries for the world’s leading brands in the base station analyzer market.

Advances in next-generation technology deployments boost developed regional markets.

North America, a major market for base station analyzer manufacturers, is expected to maintain a significant position in the global environment owing to strong government and regulatory support for adoption of 5G technology. Looking at the rate of expansion of next-generation technologies in North America, it is more likely to witness the emergence of 5G wireless applications in the regional market of base station analyzers in the near future.

Although the US is said to be the first country to accept a large 5% wireless application, the study predicts a healthy growth prospect for the US base station analyzer market. On the other hand, Europe is already deploying a number of next-generation technologies in the wireless category, so it is likely to retain high potential business opportunities for base station analyzer manufacturers in the next few years.

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Benchtop Base Station Analyzer Ships Facing Fierce Competition from Laptops

Benchtop base station analyzers can continue to maintain a market value share of around 40% compared to portable and handheld analyzers due to their superior performance and durability. However, hand-held base station analyzers offer attractive opportunities.

Although the advanced features of benchtop base station analyzers can keep deployments higher than others, the report highlights installations for RF test and wireless applications as important factors influencing segment growth. As their popularity grows in the ICT industry, portable base station analyzers will witness an increase in demand, especially from network engineers and RF test engineers.

Manufacturers need to keep their focus on stronger distribution networks.

The in-depth assessment of the global competitive landscape of the Base Station Analyzers Market points to a prominent majority of players in the market who are watching for opportunities to expand their global distribution networks. Manufacturers are likely to enter contractual partnerships with key suppliers in an effort to gain a foothold in the market.

This study covers some of the major players competing in the global base station analyzer space including, but not limited to, RF Industries, Keysight (formerly Agilent), Anritsu, Tektronix, fieldSENSE, GW Instek, Rohde & Schwarz, Fluke Corporation, Rigol Technologies . Inc. and CommScope.

Key Segments

By Product Type

  • Handheld
  • Portable
  • Benchtop

By Vertical

  • Aerospace and Defense
  • IT & Telecommunication
  • Semiconductors & Electronics
  • Others

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Key Regions

  • North America
  • Latin America
  • Europe
  • APEJ
  • Japan
  • MEA

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Industrial Agitators Market Value to Grow by Almost US$ 3.24 Billion in 2032 | Future Market Insights, Inc.

The Industrial Agitators Market is predicted to expand at an impressive CAGR of 8.6% to attain a net worth of US$ 2.15 Bn in 2022 and US$ 3.24 Bn by the end of 2027.

“Agitators are used across a host of end-user industries, such as pharmaceutical and biotech, food and beverages, oil and gas, coatings and paints, adhesives and sealants, and brewing and distillation, given its maximum operational reliability for any mixing task—ranging from homogenization and suspending to dispersing and gassing. In addition, the demand is projected to remain high among small and medium-sized businesses (SMBs)”, Senior Analyst, FMI

APAC Continues to Reflect Potential Installation Opportunities

Regionally, demand for industrial agitators is expected to remain concentrated in North America given the consolidated presence of manufacturers, the trend is likely to be followed closely in the emerging markets of APEJ. Expanding manufacturing sector combined with a visible shift towards efficient production capacities from conventional utilization capacities, will drive up industrial agitators sales in Asia Pacific, in the coming years.

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Substantial Demand Noted in Pharma Mixing Processes

Although in terms of value, the chemicals industry is projected to exhibit maximum demand for industrial agitators, pharmaceutical industry is also likely to witness significant industrial agitators demand for keeping the medicine-making clean and sanitary. The industrial agitators used in pharmaceutical industrial are specifically equipped with efficient mixing and dispersing technology while offering uniform distribution of substances and product stability. Moreover, advanced mixing solution offered by industrial agitators during biotechnological production, active pharmaceutical ingredient synthesis production, and hydrogenation of intermediates will supplement to higher sales demand of industrial agitators.

The food and beverages industry is also expected to showcase notable demand for industrial agitators given the stringency in regulations centered around sanitary food-grade mixing applications for ensuring quality of food products. For the manufacturers, such diverse application landscape is likely to bring along product differentiation and customization opportunities, suited to specific industry.

Top-entry Industrial Agitators Gets the Top Spot

Accounting for approximately 70 percent market share, top-entry industrial agitators will dominate the overall adoption landscape, specifically in the chemicals industry. Advantages such as fast mixing, high energy efficiency, zero in-tank maintenance, and adjustable speed and power will make top-entry industrial agitators the most cost-effective mixers.

Manufacturers are increasingly offering customized top-entry industrial tank agitator solutions to meet the unique liquid characteristics for mixing processes in various tanks including, plastic tank, FRP tank, and those made of stainless steel.

On the other hand, side entry industrial agitators will also gain prominence, arising from the shortcomings of top-entry industrial agitators such as need for a large support structure and a higher initial capital cost. Side entry industrial agitators tend to yield homogeneity with lesser capital during acceptable blend durations apart from effectively blending low viscosity liquids.

The global market for industrial agitators showcases a relatively fragmented landscape, specifically in terms of raw material supply scenario.The global industrial agitators market may remain affected arising from fragmented supply base with varying degree of supplier capabilities, intricate pricing and discounting structure, and low profit margins.

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Key Segments of Industrial Agitators Industry Survey

Industrial Agitators Market by Type:

  • Top Entry Industrial Agitators
  • Side Entry Industrial Agitators
  • Bottom Entry Industrial Agitators

Industrial Agitators Market by Model:

  • Large Tank Agitators
  • Drum Agitators
  • Portable Agitators
  • Tote Agitators

Industrial Agitators Market by End User:

  • Industrial Agitators for Chemicals
  • Industrial Agitators for Pharmaceuticals
  • Industrial Agitators for Food and Beverages
  • Industrial Agitators for Paper and Pulp
  • Industrial Agitators for Waste and Wastewater Treatment
  • Industrial Agitators for Oil, Gas and Petrochemicals

Industrial Agitators Market by Region:

  • North America Industrial Agitators Market
  • Latin America Industrial Agitators Market
  • Europe Industrial Agitators Market
  • East Asia Industrial Agitators Market
  • South Asia & Pacific Industrial Agitators Market
  • Middle East & Africa (MEA) Industrial Agitators Market

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Intelligent Traffic Management Market Current Scenario Trends, Comprehensive Analysis & Regional Forecast 2022-2032

The Intelligent Traffic Management Market incomes were assessed at US$ 9.6 Bn in 2021 and is expected to develop at a CAGR of 7.7% from 2022-2032, as per an as of late distributed Future Market Insights report. Toward the finish of 2032, the market is supposed to arrive at a valuation of US$ 21.8 Bn. Intelligent traffic management income through Traffic Monitoring System developed at a CAGR of 8.4% during 2015 – 2032.

Countless people in the United States use private autos for two reasons. The principal is that most Americans live in low-thickness districts with little admittance to public transportation. Second, exclusive cars are more advantageous. Attributable to this traffic clog has expanded suddenly in the country.

Around 87.9% of individuals in the U.S. use private transportation, which raises the gamble of street clog. As family wages develop across the world, a rising number of people are moving from more slow, less expensive types of transportation to exclusive vehicles and trucks.

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Developed countries have been implementing a variety of efforts to increase the usage of public transit. Thus, expenditures in the traffic management industry is projected to be driven in the forthcoming years by the need to upgrade current transportation infrastructures and enhance ICT systems.

Additionally, growing pollution and congestion issues, as well as other environmental problems, are driving demand for the Intelligent Traffic Management system market throughout the forecast period. Moreover, the enhanced deployment of the 5G network in numerous countries across the world is likely to spur market expansion due to the growing importance of wireless broadband communications in the intelligent transportation system.

Key Takeaways from the Market Study

  • Global Intelligent Traffic Management Market is expected to reach a market size of US$ 10.4 Bn by 2022.
  • In terms of Product Type, the Traffic Monitoring System segment is expected to have the highest CAGR rate of 7.6% during the forecast period.
  • In terms of Application, the Highway segment is expected to have the highest CAGR rate of 7.4% during the forecast period.
  • United States to remain the most dominant market with absolute dollar growth opportunity of US$ 4 Bn during 2022 – 2032.
  • The market in U.S. is set to experience the highest CAGR of 7.5% during the 2022-2032 forecast period.

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“The surge in urban mobility is expected to expand the Intelligent Traffic Management market. Besides, through the new constructions of highways, the governments across the world, are expected to adopt intelligence transportation management market.” comments a Future Market Insights analyst.

Competitive Landscape

Some of the key Intelligent Traffic Management companies include Kapsch TrafficCom AG, Siemens AG, Transcore, Delcan, SICE, Huawei Technologies Co., Alstom, Q-Free A.S.A., Cisco Systems, Inc., and IBM Corporation.

Some of the recent developments in Intelligent Traffic Management Market include:

  • In May 2021, Q-Free, a provider of smart city infrastructure mobility solutions, announced the introduction of Kinetic CV, its advanced connected and autonomous vehicle (CAV) information solutions.
  • In January 2021, Huawei, in collaboration with its partners created intelligent and connected cars for China. The government intends to make transportation easier and safer for individuals. The X-Bus vehicle is connected to a transport-control network. It would be capable of watching and controlling everything that occurs on the test route.

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Intelligent Traffic Management Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in Intelligent Traffic Management Market in terms of Product Type (Traffic Monitoring System, Traffic Signal Control System, Traffic Enforcement Camera, Intelligent Driver Information System, Integrated Corridor Management, Others), Application (Highway, Managed Lanes, Others),  and across five regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa).

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Market Segments Covered in Intelligent Traffic Management Market Analysis

By Product Type:

  • Traffic Monitoring System
  • Traffic Signal Control System
  • Traffic Enforcement Camera
  • Intelligent Driver Information System
  • Integrated Corridor Management
  • Others

By Application:

  • Highway
  • Managed Lanes
  • Others

By Region:

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

About Us

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

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SMS Firewall Market Future Growth, Segmentation, Competitive Landscape, Key Trends & Forecast 2022-2032

The SMS Firewall Market revenues were estimated at US$ 2.3 Bn in 2021 and is anticipated to grow at a CAGR of 6.3% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 4.6 Bn.

A2P messaging is a type of SMS in which a message is sent to an individual through an application or software program. This technology is utilized across many industries, including banking, commerce and retail, and government & education, as it helps to link these industries to their consumers in an efficient and cost-effective manner, which is boosting revenue growth in this area.

The increased usage of A2P messaging by different industries for delivering One-time Passwords transaction alerts, government notifications, programs, discounts, reports, reminders, and verification codes is raising its demand, which is likely to fuel revenue development in this segment.

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A2P is a machine-to-human technological solution that requires technical assistance to avoid security breaches and protect against cyberattacks or destructive viruses. SMS firewalls safeguard messages by evaluating and categorizing all messages and preventing any grey routes which may develop, which is another important element projected to raise its demand in different projects and hence contribute to the segment’s revenue growth.

Infobip, for example, offers the A2P SMS type to deliver services such as verification SMS, notification upgrades, passcode resetting links, OTPs, and others. They communicate with clients through more dependable messaging options. There are numerous SS7-based SMS varieties, such as on-net as well as off-net, which has expanded mobile network operators’ usage of firewalls to categorize and evaluate safe communications.

Key Takeaways from the Market Study

  • Global SMS Firewall Market is expected to reach a market size of US$ 2.5 Bn by 2022.
  • In terms of Components, the SMS Firewall Platforms segment is expected to account for the highest CAGR of 5.9% during the forecast period.
  • In terms of Deployment Mode, the Cloud segment is expected to have the highest CAGR rate of 5.6% during the forecast period.
  • United States to remain the most dominant market with absolute dollar growth opportunity of US$ 639.6 Mn during 2022 – 2032.
  • The market in U.S is set to experience the highest CAGR of 5.8% during the 2022-2032 forecast period.

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Competitive Landscape

Some of the key SMS Firewall providers include Comviva, Infobip, Mobileum, Sinch, Proofpoint, Belgacom ICS, AMD Telecom S.A., Tata Communications, Proofpoint, Inc., Tango Telecom Ltd, Cellusys, and Syniverse Technologies LLC.

Recent market developments include:

  • In November 2021, Infobip Group, a provider of cloud communications platform for customer interaction and CPaaS solutions, announced the signing of a formal deal with global VoIP supplier Peerless Network. It was the company’s fourth acquisition in less than a year.

The acquisition is planned to close in 2022, subject to regulatory clearances, and will be funded using a mixture of Infobip shares alongwith cash. Peerless Network’s management will merge some of its assets with Infobip. The agreement expands Infobip’s voice footprint in the United States and makes Peerless clients eligible for its world-class array of CPaaS technologies, enabling high-quality interaction across the customer experience.

  • In June 2021, Mobileum Inc., a global leader in analytics technology solutions for roaming as well as network security, services, testing, risk management, and monitoring, announced the acquisition of Developing Solutions which is a network testing solution and software provider specializing in network testing for load as well as lab use instances covering 3G, 4G, 5G, and IP Multimedia Subsystem.

The takeover of Developing Solutions is part of Mobileum’s growth strategy, which includes the development of a telecom-focused analytics solution with a robust testing facility and a broad set of network access points, allowing operators to optimize operational efficiency & improve consumer experience as they shift to 5G and next-generation networks.

  • In November 2020, Sinch AB, a worldwide pioneer in cloud communication for mobile customer interaction, announced the completion of its takeover of SAP Digital Interconnect, a subsidiary inside SAP.

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the SMS Firewall Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in SMS Firewall Market in terms of SMS Firewall Market by SMS Firewall Market by Component (SMS Firewall Platforms, Services), SMS Type (A2P Messages, P2A Messages), SMS Traffic (National SMS Traffic, International SMS Traffic), Deployment Mode (Cloud, On-premises), and across five regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa).

Market Segments Covered in SMS Firewall Market Analysis

By Component:

  • SMS Firewall Platforms
  • Services
    • Professional Services
    • Managed Services

By SMS Type:

  • A2P SMS Firewall
  • P2P SMS Firewall

By SMS Traffic:

  • National SMS Traffic
  • International SMS Traffic

By Deployment Mode:

  • Cloud SMS Firewall
  • On-premisesSMS Firewall

By Region:

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

About Us

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

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
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Wireless Access Point Market Analysis Recent Trends, Consumption by Regional data, Development, Investigation & Growth Forecast 2022-2032

The wireless access point market, which is esteemed at US$ 4559 million as on 2022, is expected to be esteemed at US$ 8226 million out of 2032 and is supposed to develop at a CAGR of 6.1% during the gauge time frame.

Wireless Access Points are networking devices that enable enterprise wireless devices for connecting with the wired networks. Wireless Access Points can be easily installed in networks for SMB’s, large enterprises, campuses, and branch offices. Wireless Access Points have several advance features such include multi-site management and cloud scalability, which eases the connectivity.

The flood in the deals of wireless access points can likewise be anticipated from the way that already, the CAGR for this market was 5.6%. In any case, with expected expansion in the utilization of wireless point, the CAGR for the figure time frame is anticipated to be 6.1%.

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Wireless Access Point Market: Drivers and Restraints

The adoption of cloud-based solutions for wireless communication is significantly increasing in small and large enterprises, which is turning to be the major driving factor of Wireless Access Point market. Moreover, rising implementation of voice over internet protocol (VoIP) for wireless communication across several verticals is also turning to be an important factor driving the growth of Wireless Access Point market in positive manner.

Global Wireless Access Point Market: Competitive Landscape

Some of the key players in the wireless access point market are: Sophos Ltd., Huawei Technologies, Cisco System Inc., Avaya Inc., Aerohive networks, Netgear Inc., Zyxel Communications Corp., Oberon Inc., and Kontron AG.

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

The report 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.

  • In February 2022, Oberon released Version 2.0 of Web-Based authoring and review tools making collaboration easier with SMEs.
  • In January 2022, Zyxel communications announced that it would be joining Open Networking Foundation aligning with projects focused on broadband transformation.

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Global Wireless Access Point Market: Market Segmentation

Global Wireless Access Point Market can be divided into four segments, on the basis of deployment, services, end-user, and region.

The major segments of Wireless Access Point market on the basis of the deployment include:

  • On-premises
  • Cloud-based

Segmentation on the basis of the services for Wireless Access Point Market as:-

  • Managed Services
  • Professional Services

Segmentation on the basis of the end-user for Wireless Access Point Market as:-

  • BFSI
  • Healthcare
  • Manufacturing
  • Retail
  • Telecom
  • Others

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

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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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Fetal And Neonatal Care Equipment Market is Forecast to Grow owing to Increasing Birth Rate

Fetal and Neonatal Care Equipment Market: Overview

Increase in birth rate among emerging countries, awareness program for fetal and neonatal care by government initiatives is anticipated to generate attractive growth opportunities for the growth of the global fetal and neonatal care equipment market.

According to the Neonatal Intensive Care Unit, many hospitals has developed the research and development sectors to improve the lives of new born. Research involved treatment for new drugs for infection, premature lungs, special testing for hearing problems and others. The hospitals end user segment is expected to hold the highest market share in global market for fetal and neonatal care equipment through 2024.

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Fetal and Neonatal Care Equipment Market: Dynamics

The global market growth for fetal and neonatal care is expected to be driven by increased birth rate, hospital acquired infection among new born and pregnant women. According to the UNICEF, 60% of neonatal deaths and 68% of world perinatal death occur in Asia.

Around 70% of the infant deaths occurs during the first month of birth due to negligible care. However, lower birth rate among established countries and presence of too many fragmented players in the market are some factors anticipated to limit growth of global fetal and neonatal care market within the forecast period of 2016-2026.

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Fetal and Neonatal Care Equipment Market: Regional Outlook

Region wise, the global fetal and neonatal care equipment market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America dominated the global market for fetal and neonatal care equipment in terms of value due to good reimbursement policies for diagnostic procedures, availability of experts and well-equipped NICU (Neonatal Intensive-Care Unit) centers.

Increasing initiatives among private and government organizations, awareness program for neonatal care and increase in birth rate is expected to boost the market growth in APEJ region. Most of the key providers in the global fetal and neonatal care equipment market manufacture fetal monitors, ultrasound systems, incubators, infant warmers, patient monitoring equipment, and infusion sets.

Fetal and Neonatal Care Equipment Market: Key Players

Some of the key players in global fetal and neonatal care equipment market include Analogic, Becton Dickinson, Drägerwerk AG & Co, Fisher & Paykel Healthcare, Welch Allyn, OSI Systems, Masimo, Spacelabs Healthcare, Spacelabs Healthcare, Philips Healthcare, CareFusion, Nonin Medical and others.

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Fetal and Neonatal Care Equipment Market: Segmentation

The global fetal and neonatal care equipment market is classified on the basis of product type, end user and geography.

Based on product type:

  • Ultrasound Devices
  • Fetal Doppler
  • Fetal Magnetic Resonance Imaging System
  • Fetal Monitors
  • Fetal Pulse Oximeter
  • Incubators
  • Phototherapy Equipment
  • Neonatal Ventilators
  • Oxygen Analyzers
  • Neonatal Monitoring Devices
  • Others (Apnea, Feeding Tubes, Cardiac Monitors, etc.)

Based on end user:

  • Hospitals
  • Diagnostic centers
  • Pediatric Clinics
  • Ambulatory Surgical Centers

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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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Disaster Recovery-as-a-Service Market is Predicted to Reach US$ 75.22 Bn by the end of 2030

The Disaster Recovery-as-a-Service Market is currently valued at USD 75.22 Bn in the year 2030, likely to surge at a vigorous 24.8% CAGR during the examination period 2022 – 2030.

With the rising cases of cyber-crime in recent years, the demand for the disaster recovery-as-a-service (DRaaS) market is surging exponentially. Steered by the rapid penetration of the internet and increasing digitization, a staggering volume of data is generated on a daily basis. This also has led to surging threats, especially the risk of cyber-attacks.

The disaster recovery-as-a-service market is gaining traction due to its flexibility and cost-effectiveness. Deployed over the cloud, DRaaS can store and compute data instantly and hence it is used widely to speed up various enterprises’ functionalities.

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Despite facing a few constraints due to the COVID-19 pandemics, such as closed manufacturing units, travel constraints, nonoperational working units, and others, the market is expected to keep growing over the forecast period.

Due to having several advantages over conventional services, such as no space constraints, fast recovery time, and others, the DRaaS market demand is projected to escalate further in the coming years.

As the global market competition is expected to increase further, the key market players such as Amazon Web Services, Axcient, Citrix, IBM, Microsoft, Sunguard, and others are approaching strategic ways to excel.

Some of the key takeaways from the report are highlighted below-

  • The extensive flexibility of the DRaaS market, is catering to the market growth
  • As DRaaS market is capable of providing cost-effective solutions, it is gaining rapid popularity across the world
  • Advancement of digitization is projected to further market growth during the upcoming years
  • Managed service provider segment among service providers is expected to forecast growth at a higher rate among forecast period. Managed service providers offer DRaaS solutions that are designed to duce the burden of data protection and data security among organizations
  • Public cloud segment is expected to dominate in terms of deployment. By the end of 2020, it is expected to account for over 49% of the global market

COVID-19 Impact Analysis on Disaster Recovery as-a-Service Market

With COVID-19 tightening its noose around the world, organizations are compelled to incorporate work from home policies to ensure safety of their employees. To ensure hassle free operations even while employees work remotely, these organizations are offering various cloud-based solutions and VPN to enable easy access to information.

Business continuity and disaster recovery plans are tested by challenges such as travel restrictions, and remote working. According to survey by Mercer Business only 17% of organizations had a business continuity plan and are ready for impact of COVID-19 and 51% had no business continuity plan. Consequently, the adoption of DRaaS solutions is likely to surge by 27% to 29% between 2019 and 2020.

Who is Winning

As the global DRaaS market growth is accelerating rapidly, the key market players such as Amazon Web Services, Axcient, Citrix, IBM, Microsoft, NTT Communication, and others are adopting various strategies and increasing their investment towards technological advancements to gain competitive edge.

For instance, Sunguard has launched their advanced disaster recovery (DR) program which provides complete business resilience across cloud and physician IT. They have also brought their self-service along with application recovery, fully operational computing systems, and network capability.

IBM has launched their Resiliency DRaaS in order to enable rapid and reliable recovery of business-critical applications, and data within minutes on an outage. In the Forrester Wave™ report Q2 2019, IBM named leader in DRaaS.

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More Valuable Insights on Disaster Recovery as-a-service Market

In the latest report by Future Market Insights, we offer a thorough, unbiased analysis of the global disaster recovery as-a-service market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2022-2030.

Disaster Recovery-as-a-Service Industry Survey

Disaster Recovery-as-a-Service Market by Service Type:

  • Recovery & Backup Services
  • Data Protection Services
  • Real-time Replication Services
  • Professional Services
  • Managed Services

Disaster Recovery-as-a-Service Market by Service Provider:

  • Cloud Service Providers
  • Telecommunication Service Providers
  • Managed Service Providers

Disaster Recovery-as-a-Service Market by Deployment:

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

Disaster Recovery-as-a-Service Market by Enterprise Size:

  • Small- and Medium-sized Enterprises (SMEs)
  • Large Enterprises

Disaster Recovery-as-a-Service Market by Industry:

  • BFSI
  • IT & Telecommunication
  • Retail & Consumer Goods
  • Government
  • Healthcare
  • Media & Entertainment

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Disaster Recovery-as-a-Service Market by Region:

  • North America Disaster Recovery-as-a-Service Market
  • Latin America Disaster Recovery-as-a-Service Market
  • Europe Disaster Recovery-as-a-Service Market
  • East Asia Disaster Recovery-as-a-Service Market
  • South Asia & Pacific Disaster Recovery-as-a-Service Market
  • Middle East & Africa (MEA) Disaster Recovery-as-a-Service Market

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Electrophysiology Market to grow at 12.7% CAGR during the forecast period by 2030

The escalating burden of cardiac arrhythmias such as atrial fibrillation, atrial flutter, ventricular tachycardia, Wolff-Parkinson-White (WPW) syndrome and AV-nodal reentrant tachycardia (AVNRT) has been fuelling the demand of the electrophysiology devices and procedures. Future Market Insights in a new study has projected the reach a valuation of US$ 6.02 Bn by the end of 2021.

The increasing demand for minimally invasive, safer, and efficient electrophysiology therapies has transcended electrophysiology market growth. The latest electrophysiology catheters, devices and access devices offer advanced cardiac electromapping, ablations and diagnostic procedures. The next-generation electrophysiology devices offer minimal invasive interventions that offer short hospital stay period.

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The increasing adoption of the ablation catheterization for the management of the cardiac arrhythmias is escalated by the introduction of advanced, safer and efficient electrophysiology solutions by the key players. The minimally invasive nature of the incoming electrophysiology solutions is safer for patients with medical comorbidities.

The cardiac arrhythmia treatment regime is frequently combining these latest electrophysiology devices with several antiarrhythmic drugs such as procainamide, amiodarone, flecainide and others. The shift towards the increased adoption of the disposable catheters due to their affordability, sterility and safety has also rocketed the sales of the electrophysiology market. Manufacturers have eyed on the acquisitions, collaborations, product approvals and launching into the various geographies to penetrate deep into the potential electrophysiology markets.

The COVID19 pandemic in the first few months of 2020 has imparted a negative impact on the electrophysiology market. The massive global lockdown, along with the shutting down of the economies such as China has halted the demand and supply activities. Seeing the massive influx of the COVID19 patients and the risk of hospital-acquired infections, several cardiology and electrophysiology committees jotted updated strategies and protocols of conduct to cut down on the number of electrophysiology procedures, and to only perform the interventional procedures for the high priority cases.

Key Takeaways from Electrophysiology Market Study

  • The global electrophysiology market is estimated to be US$ 7.84 Bn in 2020, exhibiting a CAGR of ~12.7 % during the forecast period (2020-2030)
  • The U.S. will remain a highly lucrative market, accounting for over 95% of North America market in 2021, based on volume
  • Demand from U.K. is poised to surge considerably. FMI forecasts it to exhibit 8.5% Y-o-Y growth in 2021
  • Germany and France will emerge as other key markets for electrophysiology in the U.K.
  • Demand from both Japan and South Korea is expected to increase at a considerable pace in the coming years

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Who is Winning?

The leading manufactures have eyed in the improvisation of the ablation procedures with the introduction of the latest contact-force sensing technology that offers high precision ablation, irrigated tip ablation catheters with controlled and target specific ablation and balloon catheters with more predictable and reproducible ablation.

Stereotaxis and Acutus Medical have introduced telerobotics in the cardiac ablation catheter surgeries that offer high precision ablation, real-time cardiac imaging and high-resolution cardiac mapping. Digital cloud technology has also been integrated into the electrophysiology devices that allows the interventionalist to remotely access the cardiac data.

For instance, J&J’s Biosense Webster launched a new cloud-based network, CARTONET platform that connects the field’s myriad devices to share the 3D image files into laptops, tablets, etc.

The global electrophysiology market is set to expand its scope in the forecast period, as a result of the rising prevalence of cardiac arrhythmias. In addition to this, the escalating demand for minimally invasive cardiac therapies, increasing adoption of the electrophysiology interventions, along with the incoming advanced technologies are propelling the growth of the market.

Electrophysiology Market: Segmentation

Product Type

  • Electrophysiology Laboratory Devices
    • 3D Mapping Systems
    • Electrophysiology Recording Systems
    • Radiofrequency (RF) Ablation Systems
    • Intracardiac Echocardiography (Ice) Ultrasound Imaging Systems
    • Cardiac Stimulators
    • Others
  • Electrophysiology Ablation Catheters
    • Cryoablation Electrophysiology Catheters
    • Radiofrequency (RF) Ablation Catheters
    • Irrigated Tip RF Ablation Catheters
    • Laser Ablation Catheters

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  • Electrophysiology Diagnostic Catheters
    • Conventional Electrophysiology Diagnostic Catheters
    • Advanced Electrophysiology Diagnostic Catheters
    • Ultrasound Electrophysiology Diagnostic Catheters
  • Access Devices

Indication

  • Atrial Fibrillation
  • Atrial Flutter
  • Wolff-Parkinson-White Syndrome (WPW)
  • Atrioventricular Nodal Reentry Tachycardia (AVNRT)
  • Ventricular tachycardia (VT)
  • Others

End-User

  • Hospitals
  • Cardiac Catheterization Laboratories
  • Ambulatory Surgery Centers

Region

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

About FMI:

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

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Medical Hyperspectral Imaging Market is Expanding at a CAGR of 6.2% for forecast period 2022-2030

The global medical hyperspectral imaging market will reach nearly USD 249.7 million by 2030, according to a new market research study by Future Market Insights (FMI), an ESOMAR-certified firm.

Growing number of healthcare ailments continues to drive advancements in medical imaging landscape. As such, computational power, image analysis, and hyperspectral cameras are the technological innovations being implemented all across the healthcare industry.

Non-invasive diseases as well as surgeries are being precisely figured out by imaging sensors. Also, they do not emit any sort of radiation to harm the patient or operator. According to FMI’s analysis, these factors will provide impetus to the market during the assessment period.

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List of Key Players Covered in Medical Hyperspectral Imaging market are:

  • IMEC
  • Norsk Elektro Optikk
  • Galileo
  • Gilden Photonics
  • Resonon
  • XIMEA
  • Gooch & Housego
  • Chemlmage
  • Applied Spectral Imaging
  • Cubert
  • EVK DI Kerschhaggl
  • Headwall Photonics
  • FluxData

Key Takeaways

  • Hyperspectral camera holds the largest market share owing to latest advancements with respect to sensor development
  • High preference for accuracy to boost prospects of MHSI in healthcare
  • US and Europe to collectively account for nearly 40% revenue share
  • India’s growth as a medical tourism hub to create opportunities for market players

Although FMI’s report is bullish on the use of hyperspectral imaging in medical applications, initial investments and reluctance to experiment will lead to limited adoption, especially in the next couple of years.

FMI’s discussion with stakeholders across the value chain revealed that concerns related to data storage, and the subsequent associated cost has been a key restraint for end-users. Many providers are offering cloud-based storage options, and it is likely that over the course of the forecast period, adoption will gradually increase.

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Hyperspectral imaging used in a range of sectors apart from healthcare. The key hyperspectral imaging players are continuously focusing on offering technologically-superior products, not just for the healthcare industry.

According to FMI, holistic advances in hyperspectral imaging will boost the confidence of healthcare industry and fuel adoption. However, manufacturers will need to maintain that elusive balance between quality offerings and competitive pricing.

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Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030. The global medical hyperspectral imaging market is segmented in detail to cover every aspect and present a complete market intelligence approach to the reader.

The study provides compelling insights on medical hyperspectral imaging market on the basis of product type (healthcare hyperspectral cameras, accessories), application (medical diagnostics (ophthalmology, wound diagnostics, oncology, GI Diseases, others)), tissue and cell biology, drug discovery, others), technology (Visible Hyperspectral Imaging, Near-Infrared Hyperspectral Imaging, Ultraviolet Hyperspectral Imaging, Short-Wave Infrared Imaging, and Mid-Wave Infrared Hyperspectral Imaging), end-user (diagnostic centres, hospitals, research & academic centres, pharmaceutical & biotechnology companies) across seven regions.

Key Regions Covered:

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

About FMI:

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

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