Thermal Insulation Material Market is Expected to Grow Steadily at a CAGR of more than 4% through the end of the Forecast Period in 2031

Increasing demand from the construction and automotive industries for temperature control and energy efficiency is expected to fuel the demand for thermal insulation material. According to a new study by Future Market Insights (FMI), the market for thermal insulation material is set to rise steadily with a CAGR of over 4% through the end of the projection period in 2031.

The global demand for thermal insulation materials has rapidly gained traction owing to concerns associated with energy conservation. Strict government regulations associated with emissions from construction and automotive sector operations will drive long-term demand. In building operations, thermal insulation also provides benefits in supporting auxiliary building structures including roofs and flooring.

Niche applications in aerospace structures in addition to investments into smart city infrastructure are providing impetus to investments into product research & development, with a focus on material and design. End-user specific customization of product offerings on the basis of density, thermal conductivity, thickness and more will influence developments in the market for the foreseeable future.

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The growing demand for thermal insulation materials, particularly from emerging economies will offer key growth opportunities. On the other hand, the volatility in the pricing of raw material will challenge the growth of market participants. Market vendors are more likely to focus on the growth prospects in the fast-growing segments, while consolidating their positions in relatively slower-moving products.

Key Takeaways of Thermal insulation material Market Study

  • Thermal insulation material sales to increase at above 4% CAGR through the assessment period.
  • Backed by strong demand from the building and construction sector, insulation for 1ºC to 100ºC will hold the lead in 2021.
  • Continuing issues in terms of energy supplies in the U.K. and Germany markets to register higher growth.
  • United States is projected to record strong demand driven by rising applications in automotive sector.
  • China will emerge as a high potential market, with investments in urbanization and manufacturing efforts in the country.

“Thermal insulation materials find widespread applications in spacecraft, buildings, clothing, mechanical systems, and in automotive offerings among others. Customization on the basis of specific heat capacity, thickness, surface emissivity, thermal bridging, thermal conductivity, and density will support demand as per the requirements of the target area,” Says an FMI analyst.

Developments in Green Construction Set to Drive Growth

According to FMI, thermal insulation material has immense scope for application in the building and construction industry owing to the increased focus in the sector on resource efficient and environment friendly materials. Also, there is a substantial growth in the construction of green buildings around the world owing to volatility in high energy prices, and concerns associated with environmental impact, along with the health and comfort of occupants.

In addition, green building rating systems implemented in developed regions across Europe and North America such as the Leadership in Energy and Environmental Design, are contributing to growth.

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Key Segments

Material Type

  • Stone Wool
  • Fiber Glass
  • Plastic Foam
  • Others

Temperature Range

  • -160°C to -50°C
  • -49°C to 0°C
  • 1°C to 100°C
  • 101°C to 650°C

Region

  • North America (U.S. & Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru, & Rest of LATAM)
  • Western Europe (Germany, U.K., France, Italy, Spain, BENELUX, Nordic, & Rest of W. Europe)
  • Eastern Europe (Russia, Poland, CIS Countries and Rest of E. Europe)
  • Middle East and Africa (GCC Countries, Turkey, South Africa, Israel, & Rest of MEA)
  • Japan
  • Asia Pacific excluding Japan (China, India, ASEAN, South Korea, Australia, & Rest of APEJ)

Who is Winning?

The global thermal insulation material market can be considered as moderately consolidated, with a few leading players accounting for a prominent share of the overall thermal insulation material market. Manufacturers are increasingly focused on investments into research and development aimed towards new product launches.

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Key market participants including BASF SE, Asahi Kasei Corporation, Rockwool International A/S, E. I. du Pont de Nemours and Company, Bayer AG, Berkshire Hathway (Johns Manville), Dow Chemicals Company, Owens Corning, Saint Gobain S.A., and Kingspan Group PLC amongst others are also focusing on consolidating their presence in the global market by entering into strategic industry collaborations with other market participants.

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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Oral Anticoagulants Market Research Report: Overview With Geographical Segmentation By Revenue With Forecast 2028

Drug delivery via oral route is the gold standard in pharmaceutical market. Oral anticoagulants (normally called blood thinners) are drugs that collaborate with the body’s regular blood-thickening framework to treat and anticipate unusual blood clots in the body.

Oral anticoagulants are utilized as a part of patients who have blood clots in the legs (also known as deep vein thrombosis) or in the lungs (also known as pulmonary embolism or PE), different sorts of blood clusters in the veins, a sporadic heart beat called atrial fibrillation that expands the risk of stroke, and mechanical heart valves. Owing to the better and thorough understanding of the bio-chemical and physicochemical parameters by pharmaceutical scientists and better patient compliance, oral anticoagulants have gained considerable market share in recent years.

Oral anticoagulants have seen to be used as a preferred alternative over conventional tablets and capsules. In few years, FDA has endorsed three new oral anticoagulant drugs – Pradaxa (dabigatran), Xarelto (rivaroxaban), and Eliquis (apixaban). Like warfarin, every one of the three are ‘blood thinners’ that decrease probability stroke identified with atrial fibrillation yet they additionally cause bleeding.

The oral anticoagulant Warfarin keeps on being the most generally utilize, yet the utilization of the more up to date oral anticoagulants (Dabigatran Etexilate, Rivaroxaban & Apixaban) is expanding

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Major driver in oral anticoagulants market is the wide spread adoption of drugs especially in the geriatric patients with risk of heart strokes. Oral anticoagulants market has seen a steady growth and there is rapid expansion in product pipelines. Also, over the past decade, more patient-friendly, better compliant dosage form has enhanced demand for oral anticoagulants market. Its importance is recognized by both the academia and industry.

More than 3 Mn US. citizens have atrial fibrillation, an issue with the electrical arrangement of the heart that causes an unpredictable heartbeat. Rising incidences of Venous thromboembolism (VTE) is also gaining traction. Anticoagulants have been known for a long time to create a striking effect in the rate of stroke (more than 50%), yet they additionally forestall thickening in areas and circumstances where clotting is desirable.

More prominent viability, wellbeing, and cost adequacy of direct acting oral anticoagulants (DOACs) for patients with atrial fibrillation

Based on clinical trials that included more than 50,000 patients from around the world, FDA inferred that every one of the three medications (Pradaxa (dabigatran), Xarelto (rivaroxaban), and Eliquis (apixaban)) were either proportionate to, or more powerful than, warfarin in averting strokes, with a satisfactory risk of bleeding.

The effects of these drugs lasts for many days after it is discontinued which may hamper the growth to a certain extent. Despite the fact that bleeding can cause critical morbidity, a large portion of the bleeding that happens with these molecules isn’t not much serious, and does not cause the sort of lasting inability or risk of death that strokes cause.

The accessibility of new oral anticoagulants (NOACs) focusing on either thrombin (dabigatran etexilate) or factor Xa (rivaroxaban and apixaban) for the counteractive action and treatment of thrombosis has been exceptionally expected. The new oral anticoagulants have major pharmacologic preferences over vitamin K antagonists, including counterbalance of functional activity, and unsurprising pharmacokinetics, disposing of the prerequisite for general coagulation observing.

Novel Oral Anticoagulants Shows Greater Efficacy Coupled with High Intake

As of late, a few different medications known as novel oral anticoagulants (NOACs) have been examined and discharged available as other options to warfarin. Treatment of venous and blood vessel thrombotic disease speaks to a noteworthy restorative test, and the improvement of anticoagulant drugs represents a new evolution in pharmaceutical industry. With technological advancement increasing in development of oral anticoagulants, formulations containing pharmaceutical ingredient with help of new oral anticoagulants technology can provide great opportunities for growth in oral anticoagulants market.

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Regulatory Scenario with New Challenges

Regulatory and administrative offices have endorsed a few NOACs for particular signs in view of aftereffects of clinical trials. However, the reception of this new helpful class into clinical practice has been slower than anticipated because of a few components including concerns in regards to pharmaceutical adherence without laboratory or research center monitoring, vulnerability about dosing in some patient populaces (e.g., marked extremes of body weight and renal brokenness), and higher medication costs contrasted and warfarin

Regional Market Outlook

On the basis of regional presence, global oral anticoagulants market is segmented into five key regions viz. North America, Latin America, Western Europe, Eastern Europe, and Asia Pacific excluding Japan, Japan and Middle East & Africa. North America will continue to dominate the global market as due to the availability of advanced technologies and more number of laboratory developed tests. Europe is expected to hold second largest market share in global Oral anticoagulants market due to growing prevalence of diseases coupled with high intake of NOACs.

Key data points covered in report

  • The report covers exhaustive analysis on:
  • Oral anticoagulants Market by route of administration, end user and region
  • Regional level market analysis of North America, Latin America, Europe, Asia Pacific Excluding Japan, Japan, Middle East & Africa by route of administration, end user and country segments
  • Oral anticoagulants Market Dynamics & Opportunity Assessment
  • Historical Actual Market Size, 2013 – 2017
  • Oral anticoagulants Market Size & Forecast 2018-2028
  • Oral anticoagulants Agents Current Trends/Issues/Challenges
  • Competition & Companies involved

Research Methodology

The market sizing of Oral anticoagulants will be done by adoption data triangulation approach. Demand side approach will be followed to assess the actual market size of oral anticoagulants. Secondary research is used at the initial phase to identify the feasibility of the target products/technology categories and its respective segments, product and service offerings in end use facilities, adoption rate and future impact of new technologies.

Additionally, per capita consumption of among end users is tracked at a granular level to obtain the most accurate information. Each piece of information is eventually analyzed during the entire research project which builds a strong base for the primary research information.

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Primary research participants include demand-side respondents such as laboratory managers, procurement managers, research supervisors at academic and research institutes, as well as key opinion leaders in addition to supply-side respondents such as equipment and drug manufacturers, custom solution and service providers who provide valuable insights on trends, research application of products and technologies, purchasing patterns, services offered and associated pricing.

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

The report covers exhaust analysis on

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

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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

The global market for oral anticoagulants market is segmented on basis of disease indication, distribution channels and geography

Segmentation by Disease Indication:

  • Proximal deep vein thrombosis (DVT)
  • Arterial and venous thrombosis
  • Paroxysmal nocturnal haemoglobinuria
  • Others

Segmentation by Distribution Channels:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • Retail pharmacies

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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Flexible Screens Market Research, Segmentation, Key Players Analysis and Forecast to 2032

The Global Flexible Screens Market  was valued at around US$ 1.9 Bn in 2021. With a projected CAGR of 46.5% for the next ten years, the market is likely to reach a valuation of nearly US$ 189 Bn by the end of 2032.. As per the findings of the report, AMOLED-based flexible screens will remain pivotal for the market as the bulk of revenue will be generated through this category. It is projected that AMOLED-based flexible screens will produce over US$ 150 Bn revenue during the forecast period.

Flexible Displays with Screens Between 6 and 20 Inches Will Continue to Be a Key Growth Axis for Flexible Screen Salesz

Smartphones, tablets, and laptops, which together account for more than 99 percent of all flexible screen purchases, use flexible screens with sizes ranging from 6″ to 20″. Due to their widespread use in electronic products like smartwatches and other wearables, TVs, and e-readers, most other types of panel dimensions are least likely to have a decline of more than 1% throughout the course of the study. While e-readers have yet to be marketed, television production is now direct and often expensive.

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China to Command the Larger Proportion of Flexible Screen Supply Chain throughout the Analysis Period

Also being considered the world factory, China commands most of the revenue generated in the flexible screen supply chain. While six of the top 10 flexible screen manufacturers are based in China, it also boasts manufacturing of more than 90% of the flexible screen devices developed worldwide. Owing to the high consumption of flexible devices and close proximity to the flexible screen production base, China is expected to account for US$ 1.86 Bn in revenue by 2032.       

Flexible Screens Market: Competition Insights

Currently, flexible screen manufacturers are largely aiming at setting up manufacturing facilities, winning orders, and showcasing technology at exhibitions. The key companies operating in the flexible screen market include Samsung Display Co. Ltd., BOE Technology Group Co. Ltd., LG Display Co. Ltd., Visionox Technology, Inc., AU Optronics Corp., Tianma Microelectronics Co. Ltd., Shenzhen Royole Technologies Co. Ltd., E Ink Holdings Inc., HannStar Display Corporation, Everdisplay Optronics (Shanghai) Co. Ltd., Iljin Display Co. Ltd., Shenzhen RADIANT Technology Co. Ltd., and Osel Technology Pvt. Ltd.

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The key recent developments of flexible screens manufacturers are as follows: 

  • In April 2022, BOE announced that it will expand production lines in Western China. The production line would be fully operational by the end of 2022. The third production line in central China is for testing production. Companies nearly shipped 60 million OLED panels which are making it 2nd largest OLED manufacturer and securing 17% of the global market share. The company planned to ship 100 million OLED panel units by the end of 2022.
  • In May 2021, Samsung Display unveiled its latest OLED innovations at the SID Display Week trade show. It showed the way forward with its innovative offerings, such as Slidable, S-Foldable, and under panel cameras. Samsung Display unveiled its next-generation OLED technologies to the world’s biggest exhibit of displays, affirming its leadership within the industry. It opened a virtual exhibition booth to introduce its displays to potential customers.
  • In Jan 2021, CES 2021 showcased new products from TCL CSOT, which include a 17-inch OLED scroll print display that is 0.18 millimeters thin and a 6.7-inch AMOLED rollable display. TCL CSOT is a parent company of TCL Technology and a company that specializes in next-generation display technology. The 17-inch printed OLED scroll display for flexible, free-form displays is only 0.18 millimeters thin, a significant breakthrough for this kind of technology. It is highly scrollable and portable, and easily fits anywhere like a scrolling picture.

About FMI

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

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

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

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

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

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

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

Key Takeaways

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

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

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

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

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

Want more insights?

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

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

Key Regions Covered:

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

About FMI:

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

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Loop-mediated Isothermal Amplification (LAMP) Market is estimated to exhibit a CAGR of 3.4% during the forecast period 2022-2028

Global demand for loop-mediated isothermal amplification technology reached around US$ 85 million in 2018, as indicated by a new research study of Future Market Insights (FMI). Estimated to observe stable growth in revenue over the coming years, loop-mediated isothermal amplification market will witness dominance of DNA polymerase, among the various product types.

Dominance of DNA Polymerase Adoption to Prevail, LAMP Instruments to Emerge Lucrative

DNA polymerase will continue to find highest applicability in both research and diagnostics. According to FMI’s report, DNA polymerase will be the key revenue generating product in loop-mediated isothermal amplification market over the period of projection. However, the report also highlights that instruments such as turbidimeters and fluorescence measuring systems will prominent traction in loop-mediated isothermal amplification market through 2028.

Amongst various loop-mediated isothermal amplification technologies, micro-fluidic technology majorly, have been successfully used in the diagnosis of several diseases including malaria and tuberculosis. Loop-mediated isothermal amplification using DNA polymerase has seen a rapid rise in the past several years due to the high adoption of loop-mediated isothermal amplification in testing.

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The application of these Loop-mediated isothermal amplification in assessing and directing diagnosis in certain types of disease, such as acute malaria, has provided a new dimension to the gradually growing field of minimal residual disease management.

High Penetration of Cutting-edge Technology Molecular Diagnostics of Fatal Diseases to Push LAMP Market Growth

The simplicity sensibility and specificity of loop-mediated isothermal amplification puts it in a very good position for future development in life threatening disease diagnosis. It is anticipated that the loop-mediated isothermal amplification market will grow significantly during the forecast period, owing mainly due to demand for advanced molecular diagnostics to accurately diagnose life-threatening diseases.

In recent years, the detection and identification of nucleic acids using point-of-care total nucleic acid analysis systems and procedures are in rise including loop-mediated isothermal amplification in various clinical and industrial settings. Besides loop-mediated isothermal amplification has also challenged PCR based amplification as it could achieve enhanced nucleic acid amplification by increasing surface area to volume ratio with reduced testing cost.

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Macroeconomic indicators such as government funding for advancement and increased research on disease epigenetics; establishment of network of distribution and marketing agreements to ensure availability of products to different loop-mediated isothermal amplification end users globally; liberalization of import and export trade on point of care diagnostic devices and chemical reagents are also anticipated to propel the growth of the loop-mediated isothermal amplification market.

Key Challenges Facing Development of Loop-mediated Isothermal Amplification Market

On the grey side, loop-mediated isothermal amplification has several intrinsic disadvantages such as its amplification method is devoid of an internal PCR inhibition control (IC). It is essential to perform all the reactions in duplicate, one being or the target and the other one for the IC in loop-mediated isothermal amplification assay.

Moreover, most standard DNA polymerases are unable to exhibit activity in samples derived from crude lysate due to the presence of polymerase inhibitors. This adds complexity to the loop-mediated isothermal amplification processing due to additional steps involved in purifying DNA to be used for amplification, which could also result in loss of starting material.

Loop-Mediated Isothermal Amplification Market: Additional Questions Answered

  • What is the revenue potential of the Loop-Mediated Isothermal Amplification Markets across North America and Europe?
  • Who are the key competitors and what are their portfolios in the Loop-Mediated Isothermal Amplification Market?
  • What are the major challenges influencing the growth of the Loop-Mediated Isothermal Amplification Market?
  • How is intervention from regulatory authorities shaping the growth of the Loop-Mediated Isothermal Amplification Market?

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Regions with High Disease Prevalence to Reflect High Growth Potential for LAMP Market

Due to increase in prevalence of malaria and other pandemic diseases, regions such as East and South Asia are anticipated to be the fastest growing regional loop-mediated isothermal amplification markets and are poised to offer tremendous opportunities to key players.

The increase in disease prevalence will increase the demand for the use of loop-mediated isothermal amplification for point-of-care diagnosis. Besides, distribution & collaboration agreements by leading players of loop-mediated isothermal amplification products with the established local distributors in the regions will fuel the market growth of both the regions.

The loop-mediated isothermal amplification market report tracks some of the key companies operating in the global loop-mediated isothermal amplification market such as :

  • Eiken Chemcial Co.Ltd
  • New England Biolabs
  • Jena Bioscience GmbH
  • NIPPON GENE CO.
  • LTD
  • HUMAN
  • Optigene
  • HiberGene Diagnostics
  • Meridian Bioscience Inc.
  •  Mast Group Ltd.

Key Segment

Based on product type

  • instruments
    • incubation systemsTurbidimeters
    • Agarose gel electrophoresis
    • fluorescence measuring systems
  • kits & reagents
    • DNA polymerase
    • Primer Mix
    • DNA Polymerase &Primer mix
    • dyes
    • other reagents

Based on Technology

  • microfluidic technology
  • advanced infrared optical technology
  • modern microsystem technology

Based on Application

  • diagnostic
  • research purpose

Based on End User

  • hospital & laboratories
  • research & academic institutes
  • others

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 8-years.

Contact:

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Super Absorbent Polymers (SAP) Market is Anticipated to Expand at 4.8% CAGR between Forecast Period of 2021 and 2031

The growing awareness of healthcare & personal hygiene among people across the world is one of the leading factors enabling growth in the global super absorbent polymer (SAP) market. As per Future Market Insights (FMI) analysis, the market is expected to expand at 4.8% CAGR between 2021 and 2031.

The chemical industry has registered significant growth in past few years and growth is expected to be continue over the near future. Owing to the increasing applications of super absorbent polymers in medical sector and agriculture sector, the SAP market is expected to reach a valuation of US$ 9.18 Bn in 2021.

Growing demand from the application of the super absorbent polymer in chemical sector will drive growth through 2021-2031. North America, Europe, and East Asia are the key markets for super absorbent polymers. Of these, East Asia is expected to remain dominant, accounting for over 28.5% of the market by 2031.

Super absorbent polymers or otherwise known as hydrogels are high weight, loosely cross linked polymer chains that are formed through the process of polymerization of acrylic acid and sodium acrylate/acrylamide. Due to the excellent property of absorbing, they are specifically used in the feminine hygienic items and diapers. Besides this, they are used in construction, packaging, and in the agricultural sector to help retain moisture in the soil.

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Key Takeaways from Super Absorbent Polymers Market Study

  • Super absorbent polymers sales will continue rising in the U.S., which is expected to account for over 80% of the North America market in 2021
  • Sales in the U.K. is expected to increase by 3.7% in 2021, thanks to increase in use in disposable diapers, adult incontinence products, and other applications.
  • Germany, France, and Russia will remain lucrative pockets for sales within Europe.
  • China will account for maximum SAP sales in East Asia, while Japan and South Korea will exhibit gradual rise in demand.
  • Application in disposable diapers is expected account for 76.1% SAP sales in 2021.

“Increasing awareness regarding healthcare & personal hygiene products is expected to spur to super absorbent polymer sales,” said a lead analyst at FMI.

Super Absorbent Polymers Market by Category

By Product Type

  • Sodium Polyacrylate
  • Polyacrylamide Copolymer
  • Others

By Application Type

  • Disposable diapers
  • Adult Incontinence Products
  • Feminine Hygiene Products
  • Agriculture Products
  • Others

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Super Absorbent Polymers Market: Participant Insights

Key manufacturers in the Super Absorbent Polymers market, like Nippon Shokubai Co., Ltd., BASF SE, Evonik Industries AG, Sanyo Chemicals Industries, Ltd., Yixing Danson Technology, LG Chemicals Ltd, Sumitomo Seika Chemicals Co. Ltd., Kao Corporation. In order to gain competitive edge, they are focusing on strengthening their product portfolio and expanding their market footprint through acquisition of smaller companies in the market.

What Is the Impact Of COVID-19 Crisis On Super Absorbent Polymers Market?

The global market was impacted by the mandated lockdowns in many nations. During the pandemic, limited manufacturing and transportation-related delays owing to travel restrictions posed challenges to the market. These factors had a negative effect on the market.

Thus the market for super absorbent polymers registered restricted growth amid COVID-19 pandemic because to the lockdown enforced by several nations, as well as reduced manufacturing efficiency due to manpower shortage.

The global increase in COVID-19 cases, on the other hand, fuelled the demand for hygiene and medical goods and solutions. Super absorbent polymers are commonly utilized in the production of diapers and wipes, demand for both of which increased in hospitals during the pandemic.

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Super Absorbent Polymers Market Key Points Covered

  • Super Absorbent Polymers Market estimates and forecast 2015-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Super Absorbent Polymers Market and How to Navigate
  • Recommendation on Key Winning Strategies

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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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Sales Coaching Software Market Insights, Deep Analysis of Key Vendor in 2032

The global sales coaching software market is poised to reach US$ 47.6 Billion in 2022 and is predicted to expand at a stupendous CAGR of 8.4% to reach a valuation of US$ 88.7 Billion by 2032. Technologies for sales coaching and training have been rapidly integrating sophisticated machine learning algorithms. Businesses will be able to take into account the needs for content, training, and coaching as well as carefully choose, implement, and deliver their solutions to the market by adopting a holistic approach to sales.

The easiest part of the sales equation has turned out to be the acquisition and application of technology. With the use of AI and the development of technology, coaching may offer a tailored yet scalable approach that develops sales capabilities rather than merely assisting specific deals, enables tracking of progress, and aids in the dissemination of best practises from top reps.

Building abilities within the organisation requires providing formal and informal learning methods in a variety of delivery modalities. With the use of technology, sellers can get training in a format that suits their learning preferences. While it is simple to make technology and systems available and even put them into place, boosting performance depends more urgently on what is delivered. This has been shown to be the simpler method for boosting market sales.

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Key Takeaways from the Market Study

  • Cloud-based sales coaching software to grow at a CAGR of 6.1% during the forecast period
  • S. market sales coaching software is forecast to reach US$ 31.5 Billion by the end of the forecast period, growing at a CAGR of 6.2%.
  • Growing numbers of IT businesses are expected to expand in China over the period of 2022-2032 growing at a CAGR of 5.9%.
  • Deployment across large enterprises to be maximum, growing at a 5.8% CAGR
  • With the increasing adoption of CRM software in Japan, the market will grow at a CAGR of 5.2% over the forecast period

Competitive Landscape

As new sales coaching software technologies are introduced, end-users will benefit from the introduction of new technologies. The ability to expand a company’s operational capabilities is one of the potential benefits of forming a strategic partnership. Businesses that use smart and dynamic sales coaching software to reduce security breaches and data losses in the market.

  • In May 2022, Mubadala announced that it has made an investment in Salesloft, a global leader in providing the most comprehensive sales engagement platform, partnering with Vista Equity Partners, a leading global investment firm focused only on enterprise software, data, and technology-enabled businesses. Investing in the company results in an increase in valuation, capital, and partnership to accelerate the company’s development and growth trajectory.
  • In August 2021, Bigtincan (BLTC) announced plans to raise US$ 135.3 Million in extra funding for the purpose of purchasing the U.S sales coaching business Brainshark Inc. With the purchase of Brainshark, the ASX-listed company will be able to create a combined business with ARR of US$ 119 Million and 100% ownership of the business.

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More Valuable Insights Available

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

The study reveals essential insights by type (cloud-based and web-based), and by application (large enterprises and SMEs), across five major regions (North America, Europe, Asia Pacific, Middle East, and Africa and Latin America).

About Future Market Insights (FMI)

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

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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Hot And Cold Therapy Packs Market Expectations & Growth Trends Highlighted Until 2026

Hot And Cold Therapy Packs Market – Global industry segment analysis, regional outlook, share, growth; hot and cold therapy packs market forecast 2016 to 2026 .

Cold and heat are the most common types of non-addictive and non-invasive pain relief therapies for joint pain and muscle. In general, injury causes inflammation and swelling. Ice will decrease the blood flow to the injury by decreasing inflammation and swelling.

Pain can be treated with heat which will bring blood to the area and promote healing. Heat therapy opens up the blood vessels and increase blood flow by supplying oxygen and nutrients in order to relax the muscles, ligaments and tendons. Sources of heat can supply dry or moist warmth. Heat can be applied by electric or microwavable heating pad, gel packs, hot water bottle or hot water baths. Cold therapy slows down the blood supply to the injury section by reducing pain and swelling.

There are many useful reactions taking place when cold therapy is applied such as slow blood circulation, reduction of inflammation, pain and muscle spasm. Cold therapy packs should be used if the area is swollen or bruised. Cold therapy can be taken in the form of ice or gel pack.

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Cold therapy packs should be used for 24 to 48 hours after injury. Cold therapy is good for sprains, bumps, strains and bruises that occur in sports or during physical training sessions. According to the Canadian Physiotherapy Association, cold therapy is a good treatment option for many but not indicated for people who are under treatment such as impaired circulation or ischemia, absence of skin sensitivity (anesthesia), vasospasm (Raynaud’s disease), open or infected wound, hypersensitivity to cold, acute dermatitis or eczema, and inability to communicate, etc.

Hot & Cold Therapy Packs Market: Drivers and Restraints

The global market for hot & cold therapy packs is expected to be driven by the increasing demand for non-surgical pain and injury management solutions. Steady economic growth, increase in standard of living, rising public and personal healthcare spending, aging population and improved access to healthcare services are expected to boost growth of the global hot & cold therapy packs market.

Moreover, increased use of hot & cold packs in elderly patients, adjunctive use of the systems for guiding the surgical injury among patients or sports person are some factors anticipated to fuel growth of the global hot & cold therapy packs market during the forecast period of 2016-2026. However, growing adoption of herbal and reusable packs could limit the growth of global hot and cold therapy packs market during the forecast period.

Hot & Cold Therapy Packs Market: Overview

Increase in living standardsand growth in number of accidents and injury are anticipated to create attractive growth opportunities for the global hot & cold therapy packs market. According to the Arthritis Foundation, heat treatment such as heating pads, warm baths tend to work best for soothing stiff joints and tired muscles whereas cold packs are best for acute pain in body parts.

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The hospital pharmacies and online pharmacies distribution channel segment is expected to hold the highest market share in the global market for hot & cold therapy packs during the forecast period.

Hot & Cold Therapy Packs Market: Regional Overview

Region wise, the global hot & cold therapy packs market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan, Middle East and Africa (MEA).

North America dominated the global market for hot & cold therapy packs in 2015 in terms of value due to advanced sports medicine practices and sports activities and initiatives, increase in ageing among population and spinal cord injuries. Countries like China and India are witnessing an increase in demand for hot & cold therapy packs due to growing awareness for non-surgical pain and injury management solutions and a substantial population base.

Hot & Cold Therapy Packs Market: Key Players

Some of the key players in global hot & cold therapy packs market include 3M, Cardinal Health Inc., Breg Inc., Carex Health Brands, Medtronics Plc, Pfizer Incorporation, Mentholatum Company, Medline Industries, Inc, Kobayashi Pharmaceutical Co. Ltd., and Halyards Health Inc. and others. Most of the providers of hot & cold therapy pack are adopting the strategy of providing these products through e-commerce, so that buyers can browse the products according to their needs.

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

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of LATAM)
  • Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Rest of Western Europe)
  • Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
  • Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand, Rest of Asia Pacific excluding Japan)
  • Japan
  • Middle East and Africa (GCC countries, South Africa, Rest Of MEA)

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

Hot & Cold Therapy Packs Market: Segmentation

The global hot & cold therapy packs market is classified on the basis of product type, application type, distribution channels and geography.

Based on product type, the global hot & cold therapy packs market is segmented into the following:

  • Therapy Pads
  • Instant Packs
  • Gel Packs
  • Bottle Systems
  • Patch
  • Wraps
  • Others

Based on application type, the global hot & cold therapy packs market is segmented into the following:

  • Mastitis
  • Injury/Accident
  • Pain Management
  • Chronic Pain Management
  • Others

Based on distribution channels, the global hot & cold therapy packs market is segmented into the following:

  • Hospital Pharmacies
  • Online Pharmacies
  • Retail Pharmacies

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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India Construction Chemicals Market is Expected to be Worth of US$ 21.7 Bn by end of 2031

Primary application of construction chemicals is to improve strength, durability, and workability of construction chemicals. The robust expansion of the Indian real estate sector and increasing investments in commercial and residential construction projects will fuel the demand in the India construction chemicals market.

As per Future Market Insights’ analysis, the India construction chemicals market is anticipated to reach a value of US$ 21.7 Bn by 2031 end, expanding at a CAGR of 13.6% during 2021-2031.

Commonly used construction chemicals in India includes admixtures, water proofing chemicals, adhesives and sealants, protective coatings, and asphalt additives. The demand for construction chemicals is largely driven by affordable housing residential projects, in addition to infrastructure projects initiated by the government. Foreign direct investments are also likely to boost the sales in the country over the coming years.

However, the ongoing crisis caused by COVID-19 virus, has resulted in a short-term slump of production and distribution chains in the industry. Raw materials required for the production of construction chemicals are manufactured by chemical companies, which experienced a downturn during the pandemic as the supply chains were disturbed due to strict lockdown restrictions.

Furthermore, the construction sector in India was highly impacted by the pandemic, as ongoing and upcoming construction projects have been delayed or cancelled.

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Key Takeaways from India Construction Chemicals Market Study

  • India Construction Chemicals Market will continue expanding, reaching a valuation of US$ 21,642 Mn by 2031, primarily driven by infrastructure investments.
  • Water proofing and protective coatings collectively holds more than 50% of the market share in the country’s market, with impetus provided from renovation and repair applications.
  • Governmental spending in the construction chemical sector has risen by approximately 1.8 times owing to the “Make in India” scheme for infrastructure and industrial development.
  • North and South India account for 30% of the overall Indian construction chemicals market each, with major investments into smart city projects.
  • The COVID-19 outbreak has resulted the construction industry in India coming to a standstill. As such, the construction chemicals market experienced a CAGR of -12.6% in 2020.

“The India construction chemicals market has a highly fragmented vendor landscape, which has resulted in fierce competition in the market. However, demand for construction chemicals in the country is likely to rise with increasing urbanization and subsequently rising demand for urban residential construction projects through the end of 2031,” said an analyst at FMI.

Construction Chemicals Market Key Segments

By Product Type:

  • Concrete Admixtures
    • Plasticizers (lingo, SNF, PCE)
    • Accelerators
    • Retarders
    • Air Enterainers
  • Waterproofing Chemicals
    • Bitumen
    • PVC
    • EPDM
    • TPO
    • PTFE
    • Silicone
    • Acrylic Polymers
    • SBR – Styrene-butadiene
    • Cementitious Membrane
    • PU Membrane – Liquid-applied Membrane
    • Crystalline
    • Additives in Waterproofing
  • Protective Coatings
    • Epoxy
    • Polyurethane
    • Acrylic
    • Alkyd
    • Polyester
    • Others
  • Adhesives & Sealants
    • Adhesives
      • Tile Adhesives
      • Tile Grouts
    • Sealants
  • Concrete Repair Mortar
  •  Plaster
  • Asphalt Additives

 By Application:

  • Infrastructure
  • Commercial & Industrial
  • Residential

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Who is Winning?

The India construction chemicals market will remain fragmented due to strong presence of local players. Leading players are focusing on strengthening their product portfolio and expanding their market footprint through acquisition of smaller companies in the market.

Some of the key manufacturers of construction chemicals in India are BASF SE (Master builder Solutions), Pidilite Industries, The Dow Chemical Company, RPM International Inc., Mapei S.P.A., Magicrete Building Solutions pvt. Ltd., GCP Applied Technologies Inc., Akzo Novel N.V., Sika AG, Chembond Chemicals Ltd., Flowcrete India Ltd., Fosroc Holdings U.K. Limited, MC-Bauchemie, Balmer Lawries & Co. Ltd., Cera-Chem Pvt. Ltd., Choksey Chemicals Pvt. Ltd., MYK LATICRETE India, CICO Technologies Limited, Ardex Endura, KERAKOLL India Pvt. Ltd., and Saint-Gobain S.A. among others.

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

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

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

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

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Fungal Testing Kits Market- Key Takeaways

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

“Sustained focus on incorporating technological advancements to improve diagnostic outcomes remains the core objective of fungal testing kits manufacturers, enabling them to widen their revenue pools,” infers the FMI analyst.

COVID-19 Impact Insights

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

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

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

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Competitive Intelligence

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

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

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

More Insights on the Fungal Testing Kits Market

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

 About the 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

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Key Market Segments Covered In Fungal Testing Kits Industry Research

By Test Type:

  • Molecular Test
  • Chromogenic Test
  • Others

By Sample Type:

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

By Application:

  • Research
  • Susceptibility Testing
  • Medical Diagnosis
  • Others

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.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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For Sales Enquiries: sales@futuremarketinsights.com
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