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The global dairy testing services market is expected to witness growth at a CAGR of 8.1% in the forecasted period and to be valued more than USD 7.3 Bn by 2032.

Pesticides, viruses, toxins, and heavy metals are the most common causes of foodborne diseases. According to a 2019 WHO estimate, over 23 million people in Europe become unwell after eating tainted food, with 4,700 people dying each year. Raw and unpasteurized milk, cheese, and ice cream are the most common sources of contamination in dairy products all over the world. If raw milk is handled incorrectly before or after pasteurisation, pathogenic contamination can develop.

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Moreover, Cronobacter, Enterobacteriaceae, and Salmonella must be absent in dried infant formula and dried dietary meals for specific medical purposes intended for children under six months of age in the EU, according to Commission Regulation (EC) No. 2073/2005.This food must also be tested for the presence of Bacillus cereus, which is suspected.

In the United States, all finished dry product infant formula samples (domestic or imported) that have to be tested for Salmonella and Cronobacter must be examined. Each sample for Salmonella analysis should be 25 grammes or larger, and for Cronobacter analysis, it should be 10 grammes or larger.

Key Takeaways from Market Study

• The dairy testing services market is expected to expand at CAGR of 8.1% over the forecasted period.
• Among the testing type segment, safety testing is dominating the segment holding around 51.3% of the revenue and it is expected to grow with CAGR of 5.6% over the forecasted period.
• Among the technology, traditional segment is expected to dominate the technology segment holding more than 43.6% revenue share and it is expected to grow with around 6.8% CAGR over the forecast period.
• Raw milk is dominating the product type segment holding around 28.7% in 2022 and it is expected to grow with CAGR of 4.6% over the forecasted period.

“Dairy Products are in high demand around the world as they provide, multiple health benefits like sustain energy, gut health, immunity boosting, calming. Manufacturers are spending high amount of money on R&D in order to develop innovative dairy products. Manufacturers are introducing a variety of new milk products.” says a Future Market Insights analyst.

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Competitive Landscape

Key manufacturers of dairy testing services market are majorly focusing on research & development in order to develop innovative and unique product offering. In addition to this these key players in the dairy testing services market are also concentrating on merger, acquisition and joint ventures to expand their geographical presence and also to increase the existing production capacity.

• SGS S.A bought IDEA TESTS in October 2021. IDEA is based in Talence (Bordeaux area), Plouzané and Martillac (Brest region) in France, as well as Bucharest, Romania. In 2020, IDEA employed about 80 people and generated approximately EUR 6 million in revenue.

Key Companies Profiled in Dairy Testing Services Market are SGS SA, Eurofins Scientific, Mérieux Nutrisciences, ALS Limited, Bureau Veritas, TUV Nord Group, AsureQuality Limited, Intertek Group plc, Microbac Laboratories, Neogen Corp.

Dairy Testing Services Market by Category

By Testing Type, Dairy Testing Services Market is segmented as:

• Safety Testing
  • Pathogens
    • Cronobacter sakazakii
    • E. Coli
    • Salmonella
    • Campylobacter
    • Listeria
    • Others (Others include vibrio, clostridium, staphylococcus, and bacillus)
  • Pesticides
  • Mycotoxins
  • Adulterants
  • Genetically Modified Organisms (GMOS)
• Quality Testing

By Technology, Dairy Testing Services Market is segmented as:

• Traditional
  • Agar Culturing
• Rapid Testing
  • Convenience-Based
  • Immunoassay
  • Chromatography & Spectrometry
  • Polymerase Chain Reaction (PCR)

By Product Type, Dairy Testing Services Market is segmented as:

• Raw Milk
• Pasteurized Milk/Modified Milk
• Cheese and Processed Cheese
• Infant Formula
• Milk Powder
• Fermented Milk
• Others (Cream, Deeps, Dressings)

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Frequently Asked Questions

• How much is Dairy Testing Services Market worth?
• What is the North America Dairy Testing Services Market?
• Who are the key players involved in the dairy Testing Services market?
• How Much Does Food Industry contribute to the Dairy Testing Services market?
• At What Rate Will Dairy Testing Services Demand Grow in China?

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The global special purpose needles market is projected to be valued at US$ 17,261.5 million by the end of 2026, registering a CAGR of 7.4% during the forecast period (2016–2026). In a new report titled “Special Purpose Needles Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”, Future Market Insights delivers key insights on the factors and trends impacting the global special purpose needles market over a 10-year forecast period (2016–2026).

According to the recent FMI report, the sales for collagen hydrolysates are expected to surpass a value of USD 1.9 Bn in 2032, rising at a CAGR of around 7.5% through the end of 2032.

Given the increased desire of central and food authorities for safety, proper labelling of hydrolyzed collagens will be a focal area for market players. The Food and Drug Administration (FDA) in the United States has announced new food labelling advice in order to promote greater standardization in the way health and nutrition information is presented to consumers.

Changes to food labelling in Europe are stricter than those in North America. Improved legibility of information and detailed facts about the product’s provenance is among the new standards. Another important element of such restrictions is a large number of product recalls as a result of failure to follow legal protocols, which necessitates manufacturers’ full attention while promoting their products in order to protect their businesses from product recalls.

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Apart from that collagen, a cosmeceutical ingredient for anti-ageing in skincare products is widely used in the cosmetic sector. Collagen is a fibrous protein of animal origin with a high molecular weight that is prevalent in connective tissue, skin, cartilage, tendons, ligaments, nails, teeth, and hair in humans and animals. Industrial collagen is still primarily derived from livestock.

Large amounts of livestock by-products are wasted as trash every year by the food and meat processing businesses all over the world. These, on the other hand, might be used as important protein resources for novel dietary ingredients or hydrolyzed into value-added products, which is a commonly used method for improving and upgrading the functional and nutritional qualities of proteins. These factors are, therefore, promoting the collagen hydrolysates market in various parts of the world.

Key Takeaways from the Collagen Hydrolysates Market Study:

• Up to 2023, the European collagen hydrolysates market is predicted to grow at a rate of around 8.7%. In Europe, there is an increasing market for collagen-based cosmetics due to a trend toward beauty supplements.
• Given its great absorbability, which makes it more effective than powdered and tablet forms, liquid hydrolyzed collagen is rapidly gaining popularity, according to the paper. During the projection period, sales of liquid hydrolyzed collagen will expand at a compound annual growth rate of 9.2%.
• In 2027, the hydrolyzed collagen market is expected to develop a year-on-year growth rate of 8.3%.
• Increasing per capita expenditure on cosmetics and personal care goods is a result of improving financial conditions around the world. The number of working women and the general education rate are both rising, resulting in higher per capita income.
• Consumers in North America are focusing on adopting a healthy lifestyle as a result of their busy lifestyles and poor eating habits, as well as the rising number of health difficulties. The market for collagen hydrolysates in North America is developing at a rate of 7.2% per year.

“Market players are investing in R&D to create innovative products in order to maintain their market position. Manufacturers are also focusing on implementing technological advancement to improve production efficiency.” said a lead analyst at FMI.

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Who is winning?

Key players operating in the global collagen hydrolysates market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.

Some of the leading companies offering collagen hydrolysates are Inc. Amicogen, PB Gelatins GmbH, Beijing Semnl Biotechnology Co, Ltd., NeoCell Corporation, Nitta Gelatin, Inc., Rousselot, Connoils LLC, Amicogen, Inc., Essen Nutrition, Foodmate Co., Ltd., and others.

Collagen Hydrolysates Market By Category

By Source, Collagen Hydrolysates Market is Segmented as:

• Bovine
• Marine
• Porcine

By Dosage Form, Collagen Hydrolysates Market is Segmented as:

• Liquid
• Powder
• Capsules

By Application, Collagen Hydrolysates Market is Segmented as:

• Food and Beverage
• Pharmaceutical
• Cosmetics
• Nutraceuticals

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Frequently Asked Questions

• How Big is the Collagen Hydrolysates Market?
• At What Growth Rate is Collagen Hydrolysates Market Growing?
• What is the North America Collagen Hydrolysates Market Outlook?
• At What Rate will Collagen Hydrolysates Demand Grow in Europe?
• What Are the Key Trends Shaping the Collagen Hydrolysates Market?

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About FMI

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

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As per a recent report published by Future Market Insights, the global demand for therapeutic respiratory devices market is expected to rise at a 3.7% CAGR to acquire a valuation of US$ 58.7 Bn by the end of the forecast period owing to an ageing population, natural catastrophes, and air pollution throughout the world.

The sales of therapeutic respiratory devices are being driven by the increased prevalence of respiratory disorders and rapid technical improvements. Furthermore, the market is predicted to increase due to the growing adoption of therapeutic respiratory devices market such as humidifiers, nebulizers, and oxygen concentrators. Long-term respiratory therapy for critical care, emergency respiratory devices for rescue applications, and mobile home respiratory devices are among the several types of respiratory devices available. Therapeutic advances in respiratory diseases is an open-access magazine that publishes peer-reviewed original research papers, reviews, and scholarly commentary on cutting-edge research and studies in the treatment of respiratory illnesses.

“Physicians and patients choose respiratory therapy devices for the treatment of respiratory problems owing to the medical intervention in both acute and chronic patient care.”

Key Takeaways

• Existence of modern healthcare facilities in the United States and Canada, the therapeutic respiratory devices market in North America gained over 36% market share in 2021.
• The Asia Pacific is predicted to expand the quickest throughout the forecast period, owing to factors such as increased asthma incidence in adults and children, as well as technology improvements.
• Additionally, the market expansion would be aided by rising healthcare awareness and improved healthcare infrastructure.
• The clinical trial of Tempol for the treatment of COVID-19 by Adams Respiratory Therapeutics Inc has surpassed enrollment expectations.
• COPD is estimated to affect 10% of adults aged 75 and older in the United States, according to the Journal of the Italian Society of Gerontology and Geriatrics.
• According to statistics issued by the Global Initiative for Asthma (GINA), an estimated 100 million people with asthma are expected to be diagnosed by 2025.

Competitive Landscape

Carefusion Corporation, G.E. Healthcare, Chart industries, Philips Healthcare, Compumedics Ltd., Smiths Medical, Covidien PLC, Invacare, Fisher and Paykel, and Mindray are some of the major respiratory device companies.

Acquisitions and mergers, the launch of new products and services, partnerships and joint ventures, MoU agreements, V.C. and funding activities, R&D activities, and geographic expansion, among other noteworthy activities by key players in the therapeutic respiratory devices market, are among the key strategic developments in the competitive landscape.

• Acapella, a select blue vibratory PAP therapy device, was released by Smiths Medical in April 2021. It is a drug-free supplementary therapy for people with asthma, COPD, cystic fibrosis, and lung illness that aids in the evacuation of secretions.
• Koninklijke Philips N.V. finalized the acquisition of BioTelemetry, Inc., a firm located in the United States, in February 2021. This aided in the expansion of Philips’ product line, resulting in increased sales of therapeutic respiratory devices.

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Key Segments

By Product:

• Positive Airway Pressure (PAP) Devices
  • Continuous Positive Airway Pressure (CPAP) Devices
  • Auto-titrating Positive Airway Pressure (APAP) Devices
  • Bi-level Positive Airway Pressure (BiPAP) Devices
• Oxygen Concentrator
  • Fixed Oxygen Concentrators
  • Portable Oxygen Concentrators
• Ventilators
  • Adult Ventilators
  • Neonatal Ventilators
• Inhalers
  • Metered Dose Inhaler (MDI)
  • Dry Powder Inhaler (DPI)
  • Soft Mist Inhaler (SMI)
• Nebulizers
  • Compressor-based Nebulizers
  • Piston-based Hand-held Nebulizers
  • Ultrasonic Nebulizers
• Humidifiers
  • Heated Humidifiers
  • Passover Humidifiers
  • Integrated Humidifiers
  • Built-in Humidifiers
  • Standalone Humidifiers
• Others

By Application:

• COPD
• Obstructive Sleep Apnea
• Asthma
• Respiratory Distress Syndrome
• Cystic Fibrosis
• Others

By End-use:

• Hospital
• Homecare Settings
• Emergency Centers

By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
• Asia Pacific
  • Japan
  • China
  • India
• Latin America
  • Brazil
  • Mexico
• Middle East and Africa
  • South Africa
  • UAE
  • Saudi Arabia

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. Fact.MR Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment

3.1. Risk Assessment

3.1.1. COVID-19 Crisis and Impact on Therapeutic Respiratory Devices Demand

3.1.2. COVID-19 Impact Benchmark with Previous Crisis

3.1.3. Impact on Market Value (US$ Mn)

3.1.4. Assessment by Key Countries

3.1.5. Assessment by Key Market Segments

3.1.6. Action Points and Recommendation for Suppliers

3.2. Key Trends Impacting the Market

3.3. Formulation and Product Development Trends

4. Market Background and Foundation Data Points

4.1. Therapeutic Respiratory Devices Market, By Key Countries

4.2. Therapeutic Respiratory Devices Market Opportunity Assessment (US$ Mn)

4.2.1. Total Available Market

4.2.2. Serviceable Addressable Market

4.2.3. Serviceable Obtainable Market

4.3. Market Scenario Forecast

4.3.1. Demand in optimistic Scenario

4.3.2. Demand in Likely Scenario

4.3.3. Demand in Conservative Scenario

4.4. Investment Feasibility Analysis

4.4.1. Investment in Established Markets

4.4.1.1. In Short Term

4.4.1.2. In Long Term

4.4.2. Investment in Emerging Markets

4.4.2.1. In Short Term

4.4.2.2. In Long Term

4.5. Forecast Factors – Relevance & Impact

4.5.1. Top Companies Historical Growth

4.5.2. Global Therapeutic Respiratory Devices Market Growth

4.5.3. Therapeutic Respiratory Devices Adoption Rate, By Country

4.6. Market Dynamics

4.6.1. Market Driving Factors and Impact Assessment

4.6.2. Prominent Market Challenges and Impact Assessment

4.6.3. Therapeutic Respiratory Devices Market Opportunities

4.6.4. Prominent Trends in the Global Market & Their Impact Assessment

5. Key Success Factors

5.1. Manufacturers’ Focus on Low Penetration High Growth Markets

5.2. Banking on with Segments High Incremental Opportunity

5.3. Peer Benchmarking

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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:

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Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

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According to an analysis by Future Market Insights (FMI), the flexible endoscopes market is expected to be valued at US$ 12 bn in 2032, with a 7% CAGR during the forecast period. The adoption of the flexible endoscopes Market is expected to be fueled by the rising prevalence of chronic medical conditions. The expanding elderly population suffering from target diseases has increased demand for endoscopic operations, which has boosted the flexible endoscopes market growth. Because of the expanding prevalence of chronic diseases, a growing number of patients are turning to endoscopy as a vital tool for early-stage diagnosis. As a result of the facts mentioned above, the increased prevalence of chronic illnesses is expected to boost demand for endoscopic operations, boosting the overall market size. The universal principles and action areas for health promotion were defined during the WHO Global Health Promotion Conferences. As a result, encouraging government programs to raise awareness about chronic diseases is predicted to have a substantial impact on flexible endoscope acceptability and market growth.

Several organizations and countries have established guidelines and norms for using endoscopic devices more safely and effectively. However, changing medical equipment laws may function as a roadblock to the market need for flexible endoscopes. Regulatory changes could result in penalties and a loss of market access in a global economy. The COVID-19 pandemic has had a small detrimental influence on the flexible endoscopes sector in early 2020. Since the COVID-19 afflicted patients received emergency hospital admissions and facilities in early 2020, various reports have shown a decrease in the number of endoscopic treatments suggested to manage chronic diseases. Owing to the factors mentioned above, the global flexible endoscopes market is expected to reach US$ 7.99 Bn in 2026.

Key Takeaways

• In 2021, the fiberscope segment had a market share of more than USD 3,593 million and was worth more than USD 3,593 million.
• From 2022 to 2032, the pulmonary endoscopy segment is expected to grow at a CAGR of over 7%. The fast aging of the population is blamed for this significant increase in the prevalence of respiratory illnesses.
• In 2021, the ambulatory surgical centers category had a significant market share, and by 2028, it is expected to reach more than USD 2,602 million.
• In 2021, the United States dominated the North American flexible endoscopes market, with a considerable market share expected to approach USD 3,020 million by 2028. Several factors contribute to the considerable market share, including the presence of major industry players, an increase in the number of bariatric procedures, and so on.

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Competitive Landscape:

Olympus Corporation, Boston Scientific Corporation, Fujifilm Corporation, and Karl Storz are among the top market players in the flexible endoscopes sector.

These market players focus on strategic advancements, such as collaborations, new product launches and commercialization, and vertical integration to expand their businesses. Furthermore, these companies are extensively spending on R&D operations, which allows them to innovate and capitalize on these products, resulting in increased market revenue.

• In August 2021, the FDA approved Boston Scientific’s EXALT Model B Single-Use Bronchoscope. This bronchoscope was created to be a replacement for reusable bronchoscopes. The company was able to expand its flexible endoscopes offering across numerous care settings due to this clearance.
• In January 2021, Olympus Corporation announced the acquisition of Quest Photonic Devices to strengthen its position in the surgical endoscopy sector. This strategic move bolstered Olympus’ position as a global pioneer while also expanding the company’s client base.

Key Segment

By Product Type:

• Fiberscope
• Video Endoscope

By Application:

• GI Endoscopy
• Pulmonary Endoscopy
• ENT Endoscopy
• Obstetrics or Gynecology
• Urology
• Others

By End User:

• Hospitals
• Ambulatory Surgery Centres
• Others

By Region:

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

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. Fact.MR Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment

3.1. Risk Assessment

3.1.1. COVID-19 Crisis and Impact on Flexible Endoscopes Demand

3.1.2. COVID-19 Impact Benchmark with Previous Crisis

3.1.3. Impact on Market Value (US$ Mn)

3.1.4. Assessment by Key Countries

3.1.5. Assessment by Key Market Segments

3.1.6. Action Points and Recommendation for Suppliers

3.2. Key Trends Impacting the Market

3.3. Formulation and Product Development Trends

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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

For Sales Enquiries: sales@futuremarketinsights.com

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According to a recent study done by FMI, the Micropump market is expected to reach US$ 9.27 billion by 2032, up from US$ 1.6 billion in 2021, expanding at a high CAGR of 19%. This study explains how the micropump market is directly proportional to increasing technological advancements and rising demand for micropumps during care testing. The micropumps include micropump gj, micropump ga, etc.

The rising awareness and importance of controlled drug delivery are helping the market rise up. Also, increasing demand for miniatured medical devices is helping the global micropump market grow excessively.

The use of micropumps in nasal and pulmonary routes drug delivery is another driving factor for the global market as awareness also increases around control drug delivery in order to gain a positive impact. Micropumps like waterway micropump, cole parmer micropumps are used to help the accurate drug delivery processes.

The rising application of micropump in infusion therapy, added with its usage in biomedical research, is a significant factor that will help the global market thrive. For instance, a high-pressure micropump is used in biomedical research.

As Covid-19 has impacted the global market, micro-dosing pumps are used in the research and development programs, and its use in therapy is another reason for the increasing growth of the market.

Key Takeaway

• The government research and development programs demand the most from the global micropump market. Huge investments are made in testing new healthcare drugs post covid-19 surge to eliminate the potential threat.
• The drug delivery applications help the market thrive as it requires micropumps in order to complete the processes. The use of micropumps such as vacuum micropumps servoflo micropump is common in drug delivery applications.
• North America region is the biggest market for the global micropump market as it will hold the largest portion of the market in the forecast period. The growth is owed and led by the use of micropumps in medical research.
• The global market is segmented by End-user, Application, and Product Type. These categories are further divided into small segments.

• On the basis of End-user, the performing segment is biotechnology and pharmaceuticals companies. The reason behind this growth is the huge government investments in R&D. Micropumps like piezoelectric micropump, idex micropump, or pump drives like micropump eagle drive are used in the R&D programs.
• On the basis of Application, the biggest segment is the in-vitro diagnostics is the performing segment as the IVF market is blooming sideways.

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Competitive Landscape

The global Micropump market is dominated by Sensile Medical, Cole-Parmer India Pvt ltd, IDEX, Dolomite Microfluidics, The Lee Company, Gardner Denver, Takasago Electric Inc, Hama Plc, and Servoflo Corporation. These companies are adopting new digital channels and processes to increase their stronghold in the Micropump market.

•        TTP Ventus has introduced its new product line that is called the LT series. This includes pump products with advanced operational capabilities and ready for use in life sciences, medical, industrial research, and environmental sectors.
• TTP Ventus ltd. also has launched a new range of micropumps named HP series that deliver optimum performance in higher pressures, higher flow rates, and long life for advanced applications.

Key Segments

By Product Type:

• Mechanical Micropump
  • Piezoelectric Micropump
  • Peristaltic Micropump
• Others

By Application:

• Drug Delivery
• In-Vitro Diagnostics
• Medical Devices
• Others

By End User:

• Biotechnology & Pharmaceutical Companies
• Hospitals & Diagnostic Centres
• Academic & Research Institutes

By Region:

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

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. Fact.MR Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment

3.1. Risk Assessment

3.1.1. COVID-19 Crisis and Impact on Micropump Demand

3.1.2. COVID-19 Impact Benchmark with Previous Crisis

3.1.3. Impact on Market Value (US$ Mn)

3.1.4. Assessment by Key Countries

3.1.5. Assessment by Key Market Segments

3.1.6. Action Points and Recommendation for Suppliers

3.2. Key Trends Impacting the Market

3.3. Formulation and Product Development Trends

Inquire Before Buying This Research Report:

https://www.futuremarketinsights.com/ask-question/rep-gb-14339

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

For Sales Enquiries: sales@futuremarketinsights.com

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According to an analysis by Future Market Insights (FMI), the chromatography software market is expected to be valued at US$ 1.1 Bn in 2032, with an 7.8% CAGR during the forecast period.

The adoption of chromatography software is due to an increase in the demand for chromatography techniques in research and development activities across several business verticals. For example, increased food safety rules and an increasing focus on pharmaceutical R&D contribute to the growing need for chromatography systems and software.

The expanding need for chromatography software is fuelled by increased pharmaceutical research activities, the rising prevalence of diseases requiring diagnosis and testing, and increased worries about food and safety pharmaceuticals.

Furthermore, due to the increased use of chromatography techniques to study medications and their usefulness as a treatment, the COVID-19 outbreak has boosted the demand for chromatography systems. As a result, the stock market has risen during the pandemic.

Remdesivir was measured in the blood plasma of a COVID-19 infected patient using liquid chromatography combined with mass spectrometry, according to a study published in June 2020.

The rising technological integration and automation in pharmaceutical R&D, forensic, and environmental testing rely on chromatographic systems and software for enhanced efficiency and effectiveness.

The market’s expansion is being fueled by the increased usage of analytical software for optimizing laboratory automation and the development of intelligible software and adjustable interfaces for high accuracy and productivity.

The lack of a skilled laboratory crew for chromatography software handling, on the other hand, may have a negative impact on market growth.

Due to all the factors mentioned above, the chromatography software market is expected to reach US$ 790 Mn​ in 2028.

Key Takeaways:

• In 2020, the integrated chromatography software category led the market, accounting for 76.5% of total revenue.
• In 2020, the web and cloud-based software sector led the market, accounting for 72.1% of total revenue.
• The pharmaceutical industry segment dominated the market in 2020, accounting for 33.4% of total sales.
• North America dominated the market in 2020, accounting for 49.1% of total sales. The increased usage of technology in laboratory testing and policies that promote the deployment of these technologies to assure reliable results can be linked to the market’s rise.

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Competitive Landscape:

Agilent Technologies, Waters Corporation, Bruker Corporation, Axel Semrau, Shimadzu Corporation, Gilson Inc., and Thermo Fisher Scientific Inc. are the leading participants in the chromatography software market.

To maximize revenue share and boost company growth, major market participants implement strategic formulations such as forward integration, new product development, geographic expansion, and research collaborations.

Key Segments:

By Device Type:

• Standalone
• Integrated

By Deployment Type:

• On-premise
• Web-based
• Cloud-based

By Application:

• Pharmaceutical Industry
• Environmental Testing
• Forensic Testing
• Food & Beverages Industry
• Others

By End Use:

• Pharmaceutical and Biotechnology Companies
• Academic and Research Institutes
• Testing Facilities
• Hospitals/Clinics

By Region:

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

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. Fact.MR Analysis and Recommendations

2. Market Overview

2.1. Market Coverage

2.2. Market Definition

3. Market Risks and Trends Assessment

3.1. Risk Assessment

3.1.1. COVID-19 Crisis and Impact on Chromatography Software Demand

3.1.2. COVID-19 Impact Benchmark with Previous Crisis

3.1.3. Impact on Market Value (US$ Mn)

3.1.4. Assessment by Key Countries

3.1.5. Assessment by Key Market Segments

3.1.6. Action Points and Recommendation for Suppliers

3.2. Key Trends Impacting the Market

3.3. Formulation and Product Development Trends

4. Market Background

4.1. Chromatography Software Market, By Key Countries

4.2. Chromatography Software Market Opportunity Assessment (US$ Mn)

4.2.1. Total Available Market

4.2.2. Serviceable Addressable Market

4.2.3. Serviceable Obtainable Market

4.3. Market Scenario Forecast

4.3.1. Demand in optimistic Scenario

4.3.2. Demand in Likely Scenario

4.3.3. Demand in Conservative Scenario

4.4. Investment Feasibility Analysis

4.4.1. Investment in Established Markets

4.4.1.1. In Short Term

4.4.1.2. In Long Term

4.4.2. Investment in Emerging Markets

4.4.2.1. In Short Term

4.4.2.2. In Long Term

4.5. Forecast Factors – Relevance & Impact

4.5.1. Top Companies Historical Growth

4.5.2. Global Chromatography Software Market Growth

4.5.3. Chromatography Software Adoption Rate, By Country

4.6. Market Dynamics

4.6.1. Market Driving Factors and Impact Assessment

4.6.2. Prominent Market Challenges and Impact Assessment

4.6.3. Chromatography Software Market Opportunities

4.6.4. Prominent Trends in the Global Market & Their Impact Assessment

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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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The pharmaceutical drug delivery market was worth US$ 1600 billion in 2021 and is predicted to grow to US$ 3000 billion by 2032, a CAGR of 6% during the forecast period.

“The growing incidence of infectious diseases globally, expanding R&D expenditure for innovative medicines, and rising FDA approvals all contribute to the expansion of this market category.”

The increased prevalence of chronic diseases, the developing biologics industry, extensive R&D investments, and technological innovations & new product launches are all contributing to the rise in the pharmaceutical drug delivery industry.

Pharmaceutical drug delivery device has certain advantages, including ease of use, efficiency, and patient compliance. As a result, drug developers are concentrating on appropriate delivery and packaging alternatives to increase treatment efficiency and provide enhanced patient compliance.

The pharmaceutical drug delivery market trends and forecast indicate that the businesses are investing heavily in research and development to create new compounds for various therapeutic applications and drug delivery platforms. The corporations put a lot of money into R&D to bring high-quality, innovative items to market. Biopharmaceutical businesses’ R&D spending has likewise increased over time.

For pharmaceutical drug delivery carriers, self-administration and home care are likely to provide considerable growth prospects. This is primarily due to the growing geriatric population, as elderly people make up a sizable market for drug delivery devices for home care. This aspect is also driving up demand for application-specific injectable, inhalation, topical, and transdermal medication treatments tailored to caregivers’ and patients’ needs.

Governments in both rich and developing countries advocate cost-cutting pharmaceutical drug delivery mechanisms like lowering prescription reimbursement prices and boosting the use of generics. Government agencies, insurers, and patients are putting pressure on drug makers all across the world to cut costs. The global market study on the pharmaceutical drug delivery market indicates that due to the downward pricing pressure, drug acceptance is increasing in emerging markets, where the need for low-cost treatments is high.

Several pharmaceutical companies, however, are suffering as a result of this. Moreover, this trend is projected to continue in the next years, owing to ongoing demand from insurers, pharmacy benefit managers (PBMs), and public and private payers to lower pharmaceutical drug delivery device pricing to cover more innovative drugs for common ailments like high cholesterol and diabetes.

The pharmaceutical drug delivery market share is projected to reach US$ 2200 Bn by 2026.

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Key Takeaways

• The high share of the North American market can be attributed to the rising prevalence of chronic diseases like cancer, respiratory allergies, and diabetes, as well as increasing patient compliance with innovative drug delivery technologies and the presence of a large number of major players in the region.
• Infectious disorders accounted for the greatest portion of the pharmaceutical drug delivery industry in 2020.
• The rising prevalence of infectious diseases around the world, rising R&D expenditure for new treatments as a result of the present COVID-19 pandemic scenario, and the rising number of FDA approvals for such drugs all contribute to the infectious disorder market segment’s substantial share.
• Governments in developing nations are investing heavily in modernizing their healthcare infrastructure, which is projected to enhance access to healthcare services.

“The increased prevalence of chronic diseases, the developing biologics industry, and increasing technological breakthroughs and new product releases are all driving this market forward.”—opines an FMI analyst.

Competitive Landscape 

The number of pharmaceutical drug delivery carriers is growing due to increased spending by key market players in research and development and clinical trials of pharmaceutical medication delivery methods.

Due to multiple major, medium, and small players, the worldwide pharmaceutical drug delivery market is extremely competitive and fragmented. These companies have a significant market share in their respective regions. Leading players’ growth strategies are expected to propel the global market as per the upcoming pharmaceutical drug delivery market key trends & opportunities.

• DARZALEX (daratumumab), a subcutaneous formulation that decreases treatment time for multiple myeloma indications, was approved by the FDA in July 2021.
• Pfizer, Inc. gained FDA approval in December 2020 for BRAFTOVI (encorafenib) plus cetuximab to manage patients with brafv600e-mutant metastatic colorectal cancer (CRC) who have previously received treatment.

Key Segments

By Route of Administration:

• Oral Drug Delivery
• Injectable Drug Delivery
• Topical Drug Delivery
• Ocular Drug Delivery
• Pulmonary Drug Delivery
• Nasal Drug Delivery
• Transmucosal Drug Delivery
• Implantable Drug Delivery

By Application:

• Infectious Diseases
• Cancer
• Cardiovascular Diseases
• Diabetes
• Respiratory Diseases
• Central Nervous System Disorders
• Autoimmune Diseases
• Other Applications

By Facility of Use:

• Hospitals
• Ambulatory Surgery Centers/Clinics
• Home Care Settings
• Diagnostic Centers
• Other Facilities of Use

By Region:

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

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. Fact.MR Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment

3.1. Risk Assessment

3.1.1. COVID-19 Crisis and Impact on Pharmaceutical Drug Delivery Demand

3.1.2. COVID-19 Impact Benchmark with Previous Crisis

3.1.3. Impact on Market Value (US$ Mn)

3.1.4. Assessment by Key Countries

3.1.5. Assessment by Key Market Segments

3.1.6. Action Points and Recommendation for Suppliers

3.2. Key Trends Impacting the Market

3.3. Formulation and Product Development Trends

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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

For Sales Enquiries: sales@futuremarketinsights.com

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The commerce cloud market is projected to grow from US$ 13 Bn in 2020 to US$ 60 Bn by 2031, at an expected CAGR of more than 20% during the forecast period 2021-2031. This is a cloud-based commerce platform that enables the brands to build seamless commerce and buying experience across multiple digital channels such as mobile, web, social media and others.

With the use of commerce cloud, the enterprises can ensure enhanced customer experience for their connected shoppers. Due to the rise in eCommerce business worldwide, the demand for commerce cloud solutions will grow at a significant rate, in the next 5 years.

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What is Driving Demand for Commerce Cloud?

In recent days, the most efficient platform to perform activities like online payment, online retailing, online e-commerce activities, and many more are possible with the help of portable devices like smartphones, tablets, and laptops.

According to statistics, almost 80% of smartphone users have made a purchase online using their smartphone devices in 2019 which goes to show how much online shopping has had an impact globally. Such device increases flexibility and performance, and reduced time and cost of online business which drives the adoption of commerce cloud platforms.

In addition, 5G wireless technology will enhance the performance of the applications like smart wallets, mobile payments, and digital bank services. 5G networks are the key to unlocking larger and more engaging shopping experiences and virtual environments.

The technology help retailers benefit from using VR to introduce products in virtual stores because consumers can then see them more clearly. Thus the 5G wireless networks drives the commerce cloud demand, in the coming years.

Rise in eCommerce Likely to Augment Commerce Cloud Adoption

The shift from the offline commerce business of Fast Moving Consumer Goods (FMCG) businesses to online platform will enhances the growth of the commerce cloud platform. Much of the brick and mortar retail world has taken a serious hit from the COVID-19 pandemic, with low product sales, and business loss worldwide.

Commerce cloud solutions helps to consolidate various stakeholders of eCommerce like executives, IT, marketing, sales etc. These stakeholders involve in the overall groceries retail process and helps to provide a positive buying experience for the connected shopper.

Moreover, the customer’s interest in online shopping had been rising at an alarming rate. And the coronavirus pandemic acted as a catalyst to this new trend of shopping. Thus, increase in businesses moving to online commerce helps to augment commerce cloud adoption.

US and Canada Commerce Cloud Outlook

The US eCommerce market grew significantly by 44% year-on-year from 2019 to 2020, with online sales representing nearly 21% of total retail sales. Canada currently is the 9th largest eCommerce market with revenue of over US$ 30 Bn in 2020, and has the potential to develop further in the worldwide digital commerce marketplace.

Major retailers in the US & Canada region includes Amazon, Walmart, Home Depot, Target, Best Buy and others, which are currently dominating the digital commerce sales in the North America region.

Also, major commerce cloud solution vendors are also present in North America region such as Salesforce, Oracle, SAP, Microsoft and others. This further accelerates the growth in the US and Canada region, for commerce cloud deployments.

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Europe Demand Outlook for Commerce Cloud

The retail sector significantly contributes to the European economy, with Western European countries like Germany, UK, France leading the overall eCommerce sales in 2020, which is nearly 83% of overall Europe online sales.

These regions have higher eCommerce penetration rates and brands and retailers are adopting multiple online channels like mobile and web platforms for enhanced customer experiences. Amazon lead the market in Europe, with nearly 1/4th of the eCommerce market, followed by eBay, AliExpress and other retailers. Such developments and boost in the eCommerce sector in Europe would drive the demand for commerce cloud platforms.

Who are the Key Commerce Cloud Vendors?

Some of the leading vendors of Commerce cloud include

• IBM
• SAP
• Salesforce
• Mirosoft
• Episerver
• Magento
• Shopify
• BigCommerce
• Digital River
• Elastic Path

Key Segments of Commerce Cloud Market

By Solution:

• Commerce Cloud Platform
• Services

By Enterprise Size:

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

By Application:

• Electronics & Electricals
• Pharmaceutical & Healthcare
• Automotive
• Fashion and Apparel
• Travel and Hospitality
• Food & Beverages
• Other

By Region:

• North America
• Latin America
• Europe
• Asia Pacific (APAC)
• MEA

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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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According to the recent Future Market Insights (FMI) report, the sales of frozen meat grinders are expected to surpass a value of US$ 1,892.5 Mn in 2032, rising at a CAGR of around 5.4% through the end of 2032.

Growing meat consumption coupled with rising demand for more meat options, such as humanely raised, free-range, organic, and sustainably grown meat is fuelling the growth. These types are more expensive than regular meat, and the cutting and processing of the meat products must be handled by professionals. Advanced automatic meat grinders are in high demand in industrialized countries due to the strong demand for high-quality meat products with minimal waste.

Meat production is an important part of the world economy, with considerable contributions to local, national, and international trade. The expansion of the meat market is intimately linked to the number of slaughterhouses and meat consumption. Meat demand will expand dramatically as consumers in emerging countries gain more purchasing power, providing a valuable source of high-quality protein in many people’s diets.

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Commercial frozen meat grinders are made to meet the needs of commercial meat markets that want to offer the best-minced meat to their customers. Due to factors such as the rising popularity of meat products and the simplicity with which they can be processed, the market for meat grinders is likely to rise rapidly during the forecast period.

Key Takeaways from the Frozen Meat Grinder Market Study:

• Europe and North America is expected to hold significant portion of the frozen meat grinder market global share.
• In terms of equipment, countertop will dominate the global frozen meat grinder market through 2022 & beyond.
• India and Australia are expected to lead the growth in South Asia and Oceania frozen meat grinder market.
• The U.S. will vanguard the sales in North America frozen meat grinder market owing to the growing consumption of meat products.

“Growth is attributed to rising awareness of food safety in emerging economies such as India and China, as well as increased demand for processed beef products. Using a frozen meat grinder, large pieces of meat are mashed into a smaller, more manageable paste. They are generally used in the home kitchen or in professional butcher shops, and they are available in both floor-model and countertop models.” said a lead analyst at FMI.

Who is winning?

Key players in the global frozen meat grinder market are adopting a slew of strategies to reach expand their consumer base, including product development, marketing, and promotional efforts, distribution channel strengthening, and sustainable production.

Increasing spending on convenience and ready-to-eat food, improved designs blades grinder of commercial meat grinders, and an increasing number of supermarkets offering meat products.

Some of the leading companies offering equipment are Barsso, ERBEL GmbH, GEA Food Solutions, Paul Kolbe GmbH, Hobart, Skyfood Equipment, Minerva Omega Group, BIRO Manufacturing, ITW Food Equipment Group, KitchenWare Station LLC., LEM Products, and others.

Market Segments Covered In Frozen Meat Grinder Market Analysis

By Equipment Type:

• Floor-Model
• Countertop

By Types:

• Semi-Automatic
• Automatic

By Type:

• Restaurants and QSRs
• Slaughter House
• Pet Food Processing Industry
• Catering & banqueting

By Power:

• Supermarket
• Specialized Tool Shop
• Ecommerce

Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

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Frequently Asked Questions

• How much is the current worth of the frozen meat grinder market?
• At what CAGR is the frozen meat grinder market expected to grow?
• How was the performance in the last five years?
• What is the demand outlook forecast for the frozen meat grinder market?
• Who are the top 5 players operating in the market?
• Which are the major countries driving demand for frozen meat grinders?
• What outlook does Europe frozen meat grinder market provide?
• At what rate will the U.S. frozen meat grinder market expand?

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About FMI

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

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