Biotin Supplements Market to Reach a valuation of US$ 3.85 Bn by 2032

The market for biotin supplements is estimated to grow at a CAGR of 11% over the course of the forecast period, from US$ 2.06 billion in 2022 to US$ 3.85 billion by 2032.

Originally called vitamin H, biotin is a type of vitamin B. (B7). Coenzyme and vitamin B are combined to make biotin. The biotin supplements can be made up of B complex vitamins, prenatal vitamins, multivitamins, or just biotin.

Supplemental biotin helps the body process food, builds cells, and controls how the body distributes fats and carbohydrates. One of the main justifications for consuming biotin supplements is biotin deficiency, though this condition is rare.

Due to growing public awareness of the health benefits of biotin supplements, the global market for these products is anticipated to expand steadily. The market for biotin supplements is predicted to grow due to its rising popularity and rising consumer demand.

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The market for biotin supplements is anticipated to grow at a CAGR of 11% over the course of the forecast period, from US$ 2.06 billion in 2022 to US$ 3.85 billion by 2032. During the projection period, it is anticipated that the market for biotin supplements would exhibit encouraging growth possibilities.

Biotin, initially known as vitamin H, is a type of vitamin B (B7). Biotin is a combination of coenzyme, and vitamin B. B complex vitamin, prenatal, multivitamins, or biotin alone forms the biotin supplements.

Biotin supplements metabolize the eaten food, helps in building cells and regulates fats and carbohydrates distribution of the body. Biotin deficiency is one of the primary reason for the intake of biotin supplements; however, the occurrence of biotin deficiency is infrequent.

The positive attitude of the consumers towards dietary supplements, having added health and wellness benefits has a very positive impact on the biotin supplements market. Nonetheless, the increasingly health-conscious consumers across the globe are expected to drive the biotin supplements market. Also, medical discoveries and food innovations are estimated to aid the biotin supplements market growth.

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Biotin Supplements Market: Market Dynamics
The health benefits offered by biotin supplements such as strengthening nails, reducing hair loss and thinning, prevent biotin deficiency.

Biotin supplements are useful to minimize biotin deficiency for pregnant women, certain epilepsy medications, chronic smoker, alcoholic, and a person eating lots of processed foods.

These factors boost the biotin supplements market growth. Changing lifestyle, globalization, and hectic daily routines are some of the other factors fuelling the growth of biotin supplements market. Favourable outlook towards medical nutrition has propelled the biotin supplements market.

Biotin Supplements Market: Key Players

Some of the major players in the biotin supplements market are Sports Research, The Nature’s Bounty Co., Pure Research Products, LLC, Zhou Nutrition, Natrol LLC, Church & Dwight Co. Inc., LifeGarden Naturals, NOW Foods, Jarrow Formulas, Inc., Doctors Best, Zenwise Health, SBR NUTRITION and among others. The market players are estimated to impact market positively by focusing on marketing strategies considering healthy lifestyle to expand across all the countries.

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

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The report covers exhaustive analysis on:

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

Regional analysis includes:

  • Malaysia
  • Thailand
  • Vietnam
  • Philippines
  • Indonesia

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 an in-depth analysis of parent market trends, macro-economic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

Recent Developments

  • Zhejiang Xinhecheng Co., Ltd. (China) and DSM (Netherlands) inked a contract for the sale and purchase of cholesterol in January 2019. Vitamin D3 is made from cholesterol. This deal is projected to assist the organisation in increasing its total capacity and Vitamin D productivity.
  • Fermenta Biotech Limited (India) signed a 99-year lease deal with the Gujarat Industrial Development Corporation (GIDC) authority in Ankleshwar, Sayakha, in January 2019 to acquire a 40,000-square-meter plot of land for future expansion. By the end of 2020, the company hopes to start manufacturing.
  • Xiamen Jindawei Vitamin Co., Ltd. and Wu Kun Health Food Co., Ltd. (Japan) formed a joint venture in April 2016. This agreement aided the company’s expansion in Japan.

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Battery Operated Lights Market to a Worth of US$ 300 Bn by 2032

The battery operated lights market is estimated to grow from US$ 101.5 Bn in 2021 to a worth of US$ 300 Bn by 2032, registering a CAGR of 10.3% over the forecast period.

A thorough analysis of the business models, main business strategies, and respective market shares of some of the most significant companies in this market is provided in the Battery Operated Lights market study.

The comprehensive analysis provides market statistics in terms of revenues, segment-specific data, regional data, and country-specific data in addition to an in-depth commentary on the key affecting variables. One of the most thorough studies that examines every aspect of the changing battery-operated light market is this one.

Battery Operated Lights Market: Overview

Battery operated lights are the efficient option of lighting that do not need direct wiring. Battery operated lights often considered as energy efficient lights with simple installation and set-up process. These lights can be used inside home to illuminate or can be used in stairs or outside area of the house.

There is also significant usage can be seen in commercial places or shops. These lights are portable, easy to install at any place which is the primary reason for its popularity. Battery operated lights also used as permanent and temporary lighting. Some battery operated lights which are fixed or mounted on wall or ceiling are permanent and lights are used as seasonal or festive lights which are temporary lights.

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The demand for battery operated lights are growing due to its energy efficiency, portability and easy installation. Technological advancement in lighting sector also helps in demand generation for battery operated lights. These lights can be used in home, office, car, camper etc.

LED lights are primarily used in most cases for battery operated lights. The wireless battery operated lights are now in trend and attracts the attention of consumers in the lighting category. Growing demand for wireless technology has also give a boost to the wireless battery operated light segment.

Battery Operated Lights Market: Market Dynamics

Increasing popularity of portable lights, energy efficiency, and advancement in lighting industry drives the demand for battery operated lights. Intelligent lighting and LED technology are the current trends to observe in lighting industry which has a direct impact on battery operated lights market. The battery operated lights market gains popularity due to its energy efficiency and competitive pricing in the lighting market.

Manufacturers of battery operated lights are now coming with latest launches with new features such as active thermal protection, flicker-free smooth dimming, improved optical systems etc. In recent time, manufacturers are more focused on new innovations. As an example, the manufacturers have produced color stay shampoo which is sulfate-free and free from skin irritation. Growing usage of battery operated lights manufacturers are primarily divided into two categories.

The seasonal or temporary battery operated lights manufacturers’ concentration mostly seen in Asia Pacific due to high presence of Chinese players whereas permanent battery operated lights manufacturers are primarily based in USA. Battery operated lights manufacturers are focused on building an effective sales and distribution channel as a part of their sales strategy and as an implementation, they have been focusing on online sales channel.

The lighting industry has been developing since past years due to the advancement in lighting sector such as energy efficient lighting, smart lighting, human centric lighting and LiFi technology. Growing consumer awareness about environment and light’s durability has pushed the manufacturers for production of LED lighting and other lighting technological lights.

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Battery Operated Lights Market: Regional Outlook

  • The battery operated lights market is expected to perform a steady growth across all the geographies during the forecast period. Use in residential and commercial segments are likely to push the sales of battery operated lights market. Moreover, availability on e-commerce sites also drive the sale of battery operated lights.
  • North America and Europe holds a significant share of battery operated lights market due to better technology infrastructure, growing awareness about energy efficiency, government’s initiative and incentive schemes drive the battery operated lights market in developed regions. Government’s offer on incentives and rebate scheme on replacement of traditional lamps with LED products further boost the battery operated lights market.
  • The federal government of United Sates offers this number of incentives and government rebates while Europe has also taken initiative as Europe 2020 plan as European Union’s energy policy. Emerging countries such as China, India have larger population in comparison to other countries. China’s Elcoma visison 2020 and India’s UJALA scheme are the initiatives taken in this way. These initiatives or approaches to promote LED lighting further boost the battery operated lights market.

Battery Operated Lights Market: Key Players

Some of the key players operating in the global battery operated lights market Philips, General Electric, QTOP USA, MR Beams, BelloLite, American Lighting, Inc., Lighting EVER (Home EVER Inc.), S4Lights, and Others

Battery Operated Lights Market: Market Segmentation

The battery operated lights market is segmented into different parts based on the technology, product price, end use, and sales channel.

On the basis of technology, the global battery operated lights market has been segmented as –

  • Fluorescent
  • Incandescent
  • LED

On the basis of pricing, the global battery operated lights market has been segmented as –

  • High Range
  • Mid-Range
  • Economical

Based on end use, the global battery operated lights market is segmented into:

  • Residential
  • Commercial

On the basis of the sales channel, the global battery operated lights market has been segmented as –

  • Direct
  • Indirect
  • Hypermarket/Supermarket
  • Specialty Stores
  • Independent Small Stores
  • Multi-Brand Stores
  • Online

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Window Air Conditioners Market – Urbanization can be Considered as a Major Driver in Window Air Conditioners Market

The global window air conditioners market is expanding as a result of rising disposable income and expanding urban infrastructure in the majority of the world’s regions. Technology developments like improved efficiency and low power consumption are also being seen in the window air conditioner industry.

Air conditioners have also developed into a necessity with technological improvement, not just in the summer but also during the winter. In many parts of the world, air conditioners are no longer seen as a luxury item, but rather as a necessity.

The growing market penetration of the global window air conditioners market is demonstrated by the rising demand for window air conditioners around the world. Although window air conditioners are not far behind split air conditioners in terms of income creation on the global market, they are not far behind.

The market for window air conditioners is also divided based on the industry in which they are used, with residential, commercial, and industrial sectors all using window air conditioners. However, the residential sector is where window air conditioners are most commonly used in the worldwide window air conditioner market.

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Window Air Conditioners Market: Drivers & Restraints

Some of the factors driving the growth of the global windows air market in the developing regions include various technological advancements over the past few years, increasing infrastructure development particularly pertaining to real estate projects including both residential and commercial sectors, increase in purchasing power, and urbanisation.
Extreme weather conditions and the expansion of the tourist and hospitality industries are other factors driving the worldwide window air conditioners market.

The global window air conditioners market is slowly recovering from the 2008 financial crisis. The worldwide window air conditioners market is being driven by the trend toward star labelling and standardisation of window air conditioners, which was sparked by environmental concerns and energy efficiency.

The price and limitation of space might be some of the challenges for the growth of global window air conditioners market.

Window Air Conditioners Market: Region-wise Outlook

Asia-Pacific excluding Japan is one of the regions where the demand for window air conditioners is expected to expand. This is because window air conditioners are specifically priced between split air conditioners and portable air conditioners and the region is frequently seen as a price-sensitive market.

Window air conditioners effectively overcome the drawbacks of portable air conditioners, which is driving up demand for window air conditioners globally. On the other hand, consumers’ preferences are shifting toward the global window air conditioners market as a result of the high cost of split air conditioners.

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Window Air Conditioners Market: Key Players

There are many large participants on the international window air conditioners market. Daikin Industries, Ltd., Mitsubishi Electric Corporation, Panasonic Corporation, Hitachi, Ltd., Samsung Electronics, and other companies are some of the industry participants for window air conditioners worldwide.

The study report provides a thorough analysis of the market and is filled with intelligent observations, information, historical facts, and market data that has been statistically backed and verified by the relevant industries. It also includes estimates made utilising the appropriate methodology and set of assumptions. According to market segments including regions and End Use industries, the research study offers analysis and information.

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Wall Covering Products Market is Anticipated to Experience a 4.5% CAGR by 2032 | Impact of COVID 19

The wall covering products market is anticipated to experience a 4.5% CAGR throughout the predicted period. It is anticipated to increase from US$ 31.3 billion in 2021 to US$ 50.8 billion in 2032.

The wall covering products market is anticipated to show promising growth prospects during the forecast period as a result of growing competition. New competitors are offering a variety of options at reasonable pricing to fulfil the demand for wall covering products making it more accessible to customers in the global wall covering products market.

Impact of COVID 19

With the recent outbreak of COVID 19, the wall covering market is expected to decline due to decrease in advertising across the various part of the world. Moreover, various government are enforcing lockdown of the cities and towns in the country which will also impact the market due to supply chain disruption and closure of many distribution channels.

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  • The increasing disposable income and a rapid growth in urbanization have been significantly driving the transformation of human social roots on a global scale, by predominantly replacing rural culture which has resulted in the increased usage of wall coverings, along with other modern products.
  • Residential constructions account for a substantial market share in the wallpaper market and are expected to witness a significant growth rate. The employment opportunities and population growth are fundamental drivers of rising demand for new housing as sustained population growth across the world has led to increased demand for wall dwellings, including apartments.
  • Moreover, with the advent of graphic designing, along with new reproduction capabilities, wallpaper is set to become the next big disrupter in the world of design and décor. Recently, some of the regions of emerging economies of Europe witnessed a considerable rise in the demand for textile wall coverings, owing to which, there has been an increase in the number of imports of textile coverings.
  • Nevertheless, the development of products, such as wallpaper borders, custom wallpaper, and textured wallpaper, is expected to renew the stagnant product category. Also, with advances in wallpaper technology, which make these products easier to apply and remove, are expected to expand sales opportunities, thereby, fuelling the market growth.

Scope of the Report

Wall covering protects the wall surface from accidental marks or scratches, besides imparting an air of quality and grandeur to uncovered walls. They further help in neutralizing the interior and customizing it with the help of various colors and patterns.

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Also, these coverings are cost-effective. The two common areas of applications of wall coverings include residential and commercial. Residential wall coverings are mainly used in homes and in small businesses to add attractiveness to rooms and to express an individual style. The market is segmented by product type, application, distribution types across various geographies.

Wall Panel is Expected to Register a Significant Growth

  • Panels include wooden panels and laminates, which are used for covering walls effectively, while also providing protection from the external environment. The usage of wall panels can reduce the construction costs significantly by providing a consistent appearance to the paneled surface without the requirement of application of paint or some other finishing material.
  • Advancements in the market have been in the form of insulated wall panels, which provide superior and uniform insulation, in comparison with more common methods of house construction.
  • The adoption of panels results in an enhanced aesthetic appeal. The wall covers with fewer joints also offer several practical gains, as they are easier to install than separate single tiles and considerable time can be saved during the renovation process.
  • Moreover, wall panels are increasingly popular as an alternative to ceramic tiling in both kitchens and bathrooms. It was once known as the low-end product used mainly in social housing and large scale public sector projects.

North America is Expected to Hold Significant Market Share

  • In the United States, for instance, the public residential building’s construction spending rose from USD 5.07 billion in 2014 to USD 6.55 billion in 2019, according to the United States Census Bureau.
  • With this, huge investments were made in home décor and home improvements, in the United States, which propelled the wall covering the market in the country. The similar trend of rising residential constructions, owing to the increasing population across the world, is expected to drive the demand for wall coverings.

Competitive Landscape

ADFORS, Architonic, A.S. Création Group, Brewster Home Fashion, Asian Paints Limited (APL), Marazzi Group, Walker Greenbank PLC, Benjamin Moore & Co., Ahlstrom-Munksjö Oyj, Nippon Paint Holdings Co. Ltd, J. Josephson Inc., and Grandeco Wallfashion Group

The wall covering the market is quite fragmented and consists of several players. The companies in the market tend to partner with international designers to make the wall coverings aesthetically pleasant to the eye, and manage to incorporated latest designs and punchy colors and to perfectly enhance the home interiors, shops, hotels, cafés, and restaurants, as well as exhibition stands and public buildings.

Key Segments For Wall Covering Products Market

By Type:

  • Tiles
  • Fabric coverings
  • Wallpapers
  • Paints
  • Wood coverings

By Application:

  • Residential
  • Commercial

By Distribution Channel:

  • Direct
  • Indirect
  • Hypermarket/Supermarket
  • Specialty Stores
  • Independent Stores
  • Online Store
  • Others

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Over-night Hair Treatment Products Market will grow at a consistent rate of 5.3 percent CAGR during the years 2022-2032.

The market for over-night hair treatment products will grow at a consistent rate of 5.3 percent CAGR during the years 2022-2032.

The demand for over-night hair treatment products is increasing at an unprecedented rate due to the availability of numerous hair care products, including sleep masks, serum, oil, and more.

Consumers today are increasingly concerned with their image, which includes using hair care products. The growing popularity of hairstyles and the desire for healthy, attractive hair have increased demand for hair care products, which has drawn customers’ attention to goods for overnight hair treatments including hair masks and water-based hair care gel.

Over-night Hair Treatment Products Market: Overview

Over-night hair treatment products are the hair repair products which often known as hair masks, water based gel that have properties to make hair soften, soothe and condition. The primary purpose of using over-night hair treatment products are infusing hair shaft with moisture and glossy shine to hair. It also reduces hair breakage.

These properties have of over-night hair treatment products make it popular and demanding among consumers. Now a days, consumers around the world are more conscious about their appearance which includes haircare products.

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The growing trend of hair style and desire of beautiful hair have stimulated demand for hair care products, which in result, catching the eyes of consumers for over-night hair treatment products such as hair masks, water based hair care gel etc. Being attractive is the trend that everyone follows, especially women. The growing beauty conscious consumers thus prefer to use over-night hair treatment products to repair their hair condition. However, growing counterfeit products hamper the growth of the over-night hair treatment products market.

Changing lifestyle and beauty consciousness are the factors that push the market for more innovative products such as protective hair serum, anti-aging overnight hair rescue hair treatment from various manufacturers. Manufacturer in this segment face a tough competition due to high concentration of players in the market. Thus, manufacturers are focusing on new innovations and new product launches to attract new and retain their old customers. Currently, manufacturer are coming with products which are free of paraben, gluten, mineral oil etc.

Over-night Hair Treatment Products Market: Market Dynamics

The use of over-night hair treatment products are not new in the market. Growing consumer interest and demand from market has pushed the manufacturers for new innovative products. Using natural products are currently trending in the global market, hence manufacturers are focusing on natural over-night hair treatment products which provides hair repair along with hair shine. The rapid change in lifestyle and increasing popularity of hair care products drive the demand for over-night hair treatment products, primarily the hair mask.

The growing home beauty culture has put the over-night hair treatment products market into a bigger risk. Consumer’s nature of trying new home beauty tips and products have pushed the manufacturers to come up with innovative & attractive products, not only by product quality and properties, but also the price point. High manufacturing concentration has been observed in North America and other developed region such as Europe.

The growing trend of attractiveness and usage of over-night hair treatment products is more in the USA compared to other countries. The Asia Pacific is holding a significant portion of the over-night hair treatment products market due to growing manufacturing in Asia Pacific region such as Chinese, Japanese and Korean Companies. Moreover, demand for paraben free and natural products are trending across the geographies and expected to see a robust growth in future market.

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Over-night Hair Treatment Products Market: Regional Outlook

  • The over-night hair treatment products market are anticipated to grow owing to growing consciousness among consumers. Growing lifestyle and desire of beautiful hair are the primary factors to lead the over-night hair treatment products. Hair masks are the most popular product which is expected to gain a significant market value share during the forecast. The over-night hair treatment products market is expected to register a positive growth across all the geographies during the forecast period.
  • North America and Europe is expected to hold a significant market share in over-night hair treatment products market owing to high product awareness, high adoption rate of new products, and high concentration of manufacturers in the regions.
  • East Asia is also expected to hold a significant value share in global gloss product market and also anticipated to grow at higher CAGR during the forecast (2019-2029) as compared to developed regions. The beauty conscious consumers, large population and presence of Chinese, Korean and Japanese beauty companies will fuel the over-night hair treatment products market. India is also expected to hold a significant market share among South Asian countries. Latin America and Oceania are projected to hold a significant market share in the global over-night hair treatment products market.

Over-night Hair Treatment Products Market: Key Players

Some of the over-night hair treatment products key players operating in the global over-night hair treatment products market are L’Oréal Paris, Johnson & Johnson Consumer Inc. (Neutrogea), IGK Hair, Arvazallia, Briogeo, Sachajuan, Anthem USA, and others.

Over-night Hair Treatment Products Market: Market Segmentation

The over-night hair treatment products market is segmented into different parts based on the product type, price, application, and sales channel.

On the basis of product type, the global over-night hair treatment products market has been segmented as –

  • Hair Masks
  • Conditioning Mask
  • Moisture Mask
  • Oil Mask
  • Hair Serum
  • Hair Gel (Water Based)

On the basis of price, the global over-night hair treatment products market has been segmented as –

  • High Range
  • Mid-Range/ Economy

On the basis of demography, the global over-night hair treatment products market has been segmented as –

  • Women
  • Unisex

Based on application, the global over-night hair treatment products market is segmented into:

  • Household
  • Commercial
  • Spa & Salon, Hair Treatment Centers
  • Hotels
  • Others

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On the basis of the sales channel, the global over-night hair treatment products market has been segmented as –

  • Direct
  • Indirect
  • Hypermarket/Supermarket
  • Specialty Stores
  • Multi-Brand Stores
  • Independent Small Stores
  • Online

Report Highlights:

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

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

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Vaccines Market to reach US$ 120 Billion by 2032 – Comprehensive Research Report by FMI

The global vaccines market size is expected to reach US$ 120 Bn by 2032, growing at a 10% CAGR over the forecast period. The advent of existing and re-emerging infectious diseases, expanding industry reforms to promote vaccine R&D, growing public funding for developing drugs, and increasing immunization emphasis are all driving the growth of vaccines.

Attributes Details
 Vaccines Market CAGR (2022 – 2032) 10%
Vaccines Market (2032) US$ 120 Bn
  Vaccines Market Attraction Advanced technology and cost efficiency are increasing the vaccines market growth.

Experts warn that future pandemics and outbreaks might be even more deadly than COVID-19. Diseases could arise primarily based on pathogens into human, animal, or plant populations for terrorist goals. The expanding presence of infectious diseases will ensure a continuous and growing demand for vaccines in the coming years.

Furthermore, the advent of new diseases will result in increased R&D spending, a robust pipeline, and new vaccination prospects for significant populations.

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Due to their large patient populations and rising disposable incomes, emerging regions such as India, China, and Southeast Asia provides an attractive potential for the vaccination business. Major market companies have been enticed to engage in these economies because of their growth potential.

As per emerging vaccines market trends, various organizations and institutions, such as GAVI, are also working to improve vaccine use in impoverished countries, for example, by distributing vaccines at reasonable prices. As a result, these countries have become vital growth hotspots in the vaccine market.

Another vaccines marketing strategy is the rise in low-cost vaccinations. To expand the reach of immunization programmes in these economies, companies are investing in and focusing on creating inexpensive, low-cost vaccines.

Vaccines have a greater storage and distribution cost than any other pharmaceutical product because they require specific equipment and monitoring systems. Vaccine quality might be harmed by a lack of suitable storage and delivery facilities. As a result, vaccines market share is being stifled by the heavy price of vaccine production and storage.

Key Takeaways:

  • The high prevalence of infectious illnesses, government organizations’ continued growth in vaccine development, market participants’ expanding R&D investments, and mandated reporting are some of the essential drivers propelling the sales for vaccines globally.
  • The substantial proportion of this category in the vaccines market is ascribed to the release of new multivalent vaccines, increased funding by critical players in multivalent vaccine R&D, and technological innovations in multivalent vaccine development.
  • The vaccines market report states that the influenza category is expected to grow fastest. The global consumption of influenza vaccines is supported by rising knowledge of the necessity of influenza vaccination, increased government initiatives to prevent influenza, and more clinical studies.
  • The vaccines market trends state that intramuscular vaccine delivery is expected to grow the fastest. The convenience of intramuscular injection propels the segment, and the fast absorption of vaccines is provided in this way.

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“The high frequency of diseases, increased government immunization campaigns, technological advancements in the vaccine business, a solid vaccine pipeline, and the advent of the COVID-19 pandemic are all factors to consider,” opines an FMI analyst.

Comparative View of Adjacent Vaccines Market

Attributes Vaccines Market Veterinary Vaccines
Market
COVID-19 Vaccines
Market
CAGR (2022 – 2032) 10% 7% -15%
Market Value (2026) US$ 67 Bn US$ 12 Bn US$ 1.4 Bn
Growth Factor Increasing focus on immunization of the populace to underpin growth. Demand for animal-based plant product generates high adoption of veterinary vaccines. Rising investments towards COVID-19 vaccine development to drive significant growth.
Opportunity Investments from governments to support vaccine development. Increasing initiatives taken by governments to improve animal health creates opportunity for market players. Increasing focus on improving the efficiency of COVID-19 vaccines.
Key Trends Development of vaccines with low response time to get better exposure. Rising focus on technological innovations to offer opportunities. Investment towards R&D activities to underpin opportunities.

Competitive Landscape:

Sanofi (France), Daiichi Sankyo Co., Ltd. (Japan), Merck & Co., Inc. (US), GlaxoSmithKline plc (UK), Johnson & Johnson (US), CSL Limited (Australia), Emergent BioSolutions Inc. (US), Pfizer Inc. (US), and AstraZeneca PLC have the highest market share by the company as highlighted in the global vaccines market report.

  • In August 2021, GlaxoSmithKline plc filed a Biologics License Application (BLA) with the US Food and Drug Administration (FDA) for their investigational vaccine PRIORIX, which seeks authorization to be used against measles, mumps, and rubella (MMR) in the United States. The vaccine was first licensed in Germany and is now approved in more than 100 countries around the world.
  • INOVIO Pharmaceuticals announced in June 2021 that it is expanding its collaboration with Advaccine Biopharmaceuticals Suzhou Co Ltd. to conduct a Phase 3 trial for their investigational COVID-19 DNA vaccine INO-4800, in patients aged 18 and up in several countries, particularly in Latin America and Asia.

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Vaccines Market Key Segments
By Technology:

  • Conjugate Vaccines
  • Inactivated and Subunit Vaccines
  • Live attenuated Vaccines
  • Recombinant Vaccines
  • Toxoid Vaccines
  • Viral Vector Vaccines

By Type:

  • Monovalent Vaccines
  • Multivalent Vaccines

By Route of Administration:

  • Intramuscular & Subcutaneous Administration
  • Oral Administration
  • Other routes (Intranasal, Intradermal and Percutaneous)

By Disease Indication:

  • Influenza
  • Pneumococcal Diseases
  • Combination Vaccines
  • HPV
  • Herpes Zoster
  • Meningococcal Diseases
  • Rotavirus
  • MMR
  • Varicella
  • Hepatitis
  • DTP
  • Polio
  • Covid-19
  • Other Disease Indications (Cancer, Dengue, Tuberculosis, Typhoid, Japanese Encephalitis, Rabies, Yellow Fever, and Allergies)

By End User:

  • Pediatric Vaccines
  • Adult Vaccines

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • 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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Liposuction Market is projected to witness growth at 6.8% CAGR from 2022 to 2032 | FMI

[210 Pages Report] As per Future Market Insights, the global liposuction market was valued at over US$ 4.5 Bn in 2021 and is expected to exhibit a value of US$ 9.1 Bn by the end of 2032, with a projected CAGR rate of 6.8%.

Increasing prevalence of obesity and unwanted body fat across the globe is driving the demand in the market. Growth in the market is also attributed to rising adoption of new technical measures and minimally invasive procedures with advancements in control systems.

Liposuction procedures are gaining traction among all age groups such as rhinoplasty and breast enhancement.  As a result, the surge in obese populations in several regions has paved the way for technologically advanced surgical procedures that are to be commercialized.

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Power-assisted liposuction and laser-guided liposuction are gaining importance because of faster recovery, reduced time for the hospital stay, and enhanced patient outcomes.  The development of the liposuction market is also underpinned by increasing popularity of cosmetic surgeries with enhanced features, adoption of minimally invasive surgeries, and prevalence of stubborn fat accumulation in several body parts.

In February 2021, the International Society of Aesthetic Plastic Surgeons published the top countries which perform, and are at best in surgeries. The list included South Korea which is a prime hub for liposuction, nose jobs, and blepharoplasty. The U.S. is said to be popular in liposuction procedures, while Columbia has also displayed growth in the number of cosmetic surgical procedures.

Key Takeaways from Market Study

  • Power-assisted liposuction accounted for 5% market value share in 2021 and is expected to display a CAGR growth of 8.5% over the forecast period.
  • By anatomy, the abdomen segment led the market with around 0% of share in 2021. The procedures for fat reduction of the abdomen have displayed positive clinical outcomes when performed using advanced liposuction procedures.
  • Plastic surgery & cosmetic clinics as end-users held a higher share in the liposuction market by a value of 7% in 2021.
  • Latin America is slated to be a leading region with a value share of 6% at the end of the forecast period on the back of growing medical tourism and availability of cost-effective cosmetic surgical procedures

“With rising adoption of minimally invasive liposuction procedures and prevalence of obesity across the globe, the market is expected to witness growth at an exponential rate over the forecast period,” says an analyst of Future Market Insights.

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Market Competition

Recognition, acquisitions, expansion, development of an extensive product and product launches are the key strategies adopted by manufacturers and integrators to increase the consumer base in different geographies. The market for liposuction devices is fragmented, thus providers are employing growth tactics such as R&D investment to stay competitive.

  • In 2021, Alma Lasers introduced the Alma PrimeX™ platform for skin tightening procedures and body contouring.
  • Apyx Medical Corporation announced the publication of two distinct peer-reviewed studies in the journal Dermatological Reviews in October 2020, which add to the growing body of clinical evidence supporting the use of Renuvion (liposuction device).

What does the report cover?

Future Market Insights offers a unique perspective and actionable insights on the liposuction market in its latest study, presenting a demand assessment of 2017 – 2021 and projections for 2022 – 2032.

The research is based on procedure type – (manual liposuction, ultrasound-assisted liposuction, power-assisted liposuction, laser-guided liposuction), anatomy-(abdomen, upper arms, buttocks, calves and ankles, chest and back, hips and thighs, chin and neck), and by end-user (healthcare settings, ambulatory surgical centers, plastic surgery and cosmetic clinics), across seven key regions of the world.

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About Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage here

Key Market Segments Covered In Liposuction Industry Research

By Procedure Type:

  • Manual Liposuction
  • Ultrasound-Assisted Liposuction
  • Power-Assisted Liposuction
  • Laser-Guided Liposuction

By Anatomy:

  • Abdomen
  • Upper arms
  • Buttocks
  • Calves and ankles
  • Chest and back
  • Hips and thighs
  • Chin and neck

By End-User:

  • Hospital Setting
  • Ambulatory Surgical Centres
  • Plastic Surgery and Cosmetic Clinics

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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Electronic Stethoscope Market is projected to reach a valuation around US$ 259 Million in 2022

[263 Pages Report] Up from nearly half a million units sold in 2018, the global sales of electronic stethoscopes will observe a robust 7.2% growth in 2022. The electronic stethoscopes market is expected to create an incremental opportunity worth US$ 170.9 Mn between 2022 and 2029.

Key Manufacturers Continue to Strategize on New Product Launches in Electronic Stethoscopes Landscape

Almost 2/5th of total adoption of electronic stethoscopes is registered at hospitals, the report underscores that there has been significant adoption by medical institutes in the recent past. In the next few years, medical institutes and ambulatory surgical centers are likely to create multiple opportunities for manufacturers of electronic stethoscopes.

More than half of the overall sales is accounted by amplifying electronic stethoscopes, as indicated by FMI’s analysis. While amplifying electronic stethoscopes provide results as accurate as digitizing electronic stethoscopes, the latter are associated with high maintenance owing to the presence of multiple electronic components. Amplifying electronic stethoscopes are thus expected to observe significant growth in revenue over the course of coming years.

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According to the report, the market attractiveness of amplifying stethoscopes is strongly backed by the increasing number of launches of new electronic stethoscopes by a number of small- and medium-sized companies. Electronic stethoscopes are rapidly replacing conventional variants across developed countries, predominantly owing to accelerated regulatory approvals.

  • eKuore had launched the first wireless stethoscope for medical use.
  • Eko had launched the first Android–connected digital stethoscope.
  • In April 2018, Steth IO launched a digital smartphone-enabled stethoscope.

According to the report, approximately 60% of the electronic stethoscopes that are sold are enabled with Bluetooth technology and an integrated chest piece system. The former is however poised to witness a higher rate of adoption over the coming years.

North America Continues to Lead the Global Market for Electronic Stethoscopes

North America holds a considerable revenue share in the electronic stethoscopes market. With advancements in technology and the presence of a large number of healthcare facilities, electronic stethoscopes are being widely used in the region. Their ability to provide amplified sound output as well as reduce external sound makes it easy for medical professionals to detect sounds and provide proper treatment to patients.

FMI’s study has profiled some of the key companies operating in the global electronic stethoscopes market, including Eko Devices, eKuore, GlobalMed, 3M, Welch Allyn, Ambisea Technology Corp., Meditech Equipment Co., Ltd, HD Medical, Thinklabs, ADInstruments, and Cardionics Inc.

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Electronic Stethoscope Market by Category Product: 

  • Amplifying Stethoscopes
  • Digitizing Stethoscopes

End User:

  • Hospitals
  • Clinics
  • Medical Institutes
  • Ambulatory Surgical Centers
  • Homecare Settings
  • Medical Camps
  • Catheterization Laboratories

Application:

  • Integrated Chest-Piece System
  • Wireless Transmission System (Bluetooth)
  • Integrated Receiver Head-Piece System
  • Other

Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • 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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Organoids Market Key Players : Hubrecht Organoid Technology (HUB), OcellO B.V., Cellesce Ltd, DefiniGEN, Qgel

Organoids are three-dimensional (3D) structures that resemble mammalian organs and are made from stem cells. As per a study by Future Market Insights (FMI), the global organoids market is estimated to reachUS$ 44.2 Mn in 2021.

As new platforms for quicker drug development and improved model structures for assessing drug efficacy and toxicity, organoids have the potential to be transformative. Traditional drug discovery approaches are less important and inadequate to keep up with the rapid pace of life science advancements. Organoids are projected to exhibit increasing sales within the drug discovery industry.

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The demand for cutting-edge preclinical testing methods has increased as a result of advances in drug therapies such as personalized treatments and expanding medical research to identify new advance medicines.Organoids also are used to shortlist possible drug molecules and remove the remainder by considering ‘in-vitro’ conditions that are somewhat close to natural environmental conditions.

According to the International Federation of Pharmaceutical Manufacturers and Societies, preclinical research accounts for about 22% of the overall cost of drug production. The use of organoids in drug development shortens the process and saves money, resulting in a greater demand for organoids.

In terms of product, intestinal organoids are expected to register high demand, accounting for over 36% of sales in the market. While application of organoids is expected to be considerably high in bio banking.

Key Takeaways from Organoids Market Study

  • The organoids market will exhibit solid growth, registering above 14% CAGR between 2021 and 2031
  • The expansion of pharmaceutical sector and investment in research initiatives will enable the U.S. account for over 95% sales in North America
  • The U.K. will emerge as the leading market, exhibiting above 20% y-o-y growth in 2021
  • Germany and France are expected to emerge as other lucrative markets within the U.K.
  • China will remain a leading market for organoids in East Asia, however, the Japan market will register a slightly higher rate of growth

“Capability of 3D-organoid cultures to mimic organ functionality as well as increasing adoption of the organoid technology for use in a range of applications, including genetic mutation and other is expected to drive the growth of Organoids market” says the FMI Analyst

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Funding for life science research and investments in Organoids products to expand various projects and personnel employedis the major factor expected to boost the organoids market growth.

For instance, the total amount of research grants awarded by the National Institutes of Health (NIH) in the U.S. exceeded US$ $251 million over five years (2015 to 2019).

Key players in the Organoids are Entering into Strategic Alliance

The top players are focusing on expanding their business footprint through acquisitions. Acquisitions provide the company with strong foot hold of new products, buyer suppliers relationship, and new geographic horizons to tap the market potential. The key manufacturers aretargeting towardsacquiring well-known products and technologies that are expected to have a successful revenue stream. This also helps the business to grow into new emerging markets while also developing existing ones.

For instance, in September 2020,a Memorandum of Understanding (MoU) was signed by BGI-Qingdao and Ubrecht Organoid Technology (HUB) to develop a joint Next Generation Diagnostics (NGD) centre in China to improve personalised care, better treatments and cures, and faster development of new safe medicines.HUB and BGI will combine their complementary skills and technologies to further improve and incorporate HUB Organoid Technology as predictive diagnostic tests, allowing for reliable patient-specific treatment response prediction, initially with a focus on cancer.

As a result of increased emphasis on oncological research and increased R&D spending, the global organoids market is expected to expand over the forecast period. Organoids market is highly competitive exhibiting the presence of several players. Because of the high capital investment required to build an Organoids manufacturing facility, pharmaceutical companies are increasingly looking to outsource the process.The key market players covered by FMI include STEMCELL Technologies Inc., Cellesce Ltd., DefiniGEN, Qgel, Hubrecht Organoid Technology, OcellO B.V.consolidating their positions through mergers, acquisitions and new product launches.

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Valuable Insights into Organoids Market

Future Market Insights, in its new offering, provides an unbiased analysis of the organoids market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the market based on product type (intestinal organoids, hepatic organoids, pancreatic organoids, colorectal organoids, and neural organoids), application (bio-banking, biomedical research and drug discovery, regenerative medicines, cancer research, and therapeutic tools), and end user (biopharmaceutical companies, contract research organizations, and academics and research institutes) across seven major regions.

Organoids Market by Category By Product Type, Organoids market is segmented as:

  • Intestinal Organoids
  • Hepatic Organoids
  • Pancreatic Organoids
  • Colorectal Organoids
  • Neural Organoids
  • Others

By Application, Organoids market is segmented as:

  • Bio-banking
  • Biomedical Research and Drug Discovery
  • Regenerative Medicine
  • Cancer Research
  • Therapeutic Tools
  • Others

By End User, Organoids market is segmented as:

  • Biopharmaceutical Companies
  • Contract Research Organizations
  • Academics and Research Institutes

By Region, Organoids market is segmented as:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South 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 9-years.

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Construction Chemicals Market is Expected to Grow by more than 5% CAGR through the Assessment Period of 2031

The essential nature of construction chemicals in the construction and engineering sector is expected to support market growth for the duration of the assessment period from 2021 to 2031. In a new market report, Future Market Insights (FMI) has stated the valuation of the market at US$ 39 Bn in 2020.

Construction chemicals play critical roles in construction projects including coatings, additives, sealants and more. Affordable housing and smart city projects are major influencers of demand. Strong demand for concrete admixtures, plasticizers in particular is driving the growth of the construction chemicals market.

The high degree of workability in areas requiring high levels of reinforcement in high rise buildings and public infrastructure projects will support sales prospects in the coming years. The Asia Pacific excluding Japan region is expected to remain dominant. Major urbanization projects and substantial manufacturing facilities in China are likely to aid expansion of the market through the projection period.

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The ongoing Covid-19 pandemic impacted the global economy and the construction sector considerably, with project delays and cancellations causing substantial losses. This trend created a short-term decline in demand for construction chemicals in 2020, while a steady recovery is expected through 2021.

Key Takeaways of Construction Chemicals Market Report

  • The global construction chemicals market reached US$ 39 Bn in 2020, and is estimated to rise at over 5% CAGR through the assessment period.
  • China will continue to reflect strong growth, accounting for more than 66% of the market in Asia Pacific excluding Japan.
  • The United States will continue to rise strongly, exhibiting over 5% CAGR in 2021.
  • Within Western Europe, Germany and the U.K. will remain key markets, driven by urbanization and smart city infrastructure projects.
  • Demand from China and India will continue to rise on account of government infrastructure and housing initiatives.

“The demand for construction chemicals can be largely attributed to rapid world population growth, and major investments into urbanization. The importance of infrastructure to global economy, especially for developing markets, and applications in residential projects, and affordable housing policies will influence the industry in the long-term,” said an FMI Analyst

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Construction Chemicals Market by Category

Product Type

  • Water Proofing Chemicals
  • Protective Coating
  • Concrete Admixture
  • Adhesives & Sealants
  • Asphalt Additives

Application

  • Residential
  • Commercial & Industrial
  • Infrastructure

Region

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

Who is Winning?

Major manufacturers are increasingly pushing for the expansion of production and distribution activities to emerging economies in Asia and Africa. This shift can be attributed to easier access and lower costs of manpower and raw materials. Also, relatively relaxed regulations associated to the chemicals sector will positively influence the market.

Market Landscape: Competitive

The global construction chemicals market is moderately consolidated, with the presence of varied regional players. Manufacturers are increasingly focused on the optimization of assets including expansions and divestitures to maximize profits and set up sustainable revenue streams.

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Key market players including BASF SE, GCP Applied Technologies, SIKA AG, The DOW Chemical Co., RPM International Inc., Ashland Inc., MAPEI, Akzo Nobel NV, Arkema SA, Fosroc, Pidilite Industries, Covestro AG, Henkel AG & Co. KGaA, HB Fuller Company, Lanxess AG, The 3M Company, Wacker Chemie AG, Huntsman Corporation, Momentive Performance Materials, and Guangzhou Jointas Chemical Co. Ltd., are pushing for strategic acquisitions and collaborations with other participants to increase market share.

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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