Peer-to-Peer Lending Market is Exhibiting a Healthy CAGR of 12.7% from 2022 – 2032 | Future Market Insights, Inc.

The growth of the market can be attributed to cheap operating costs and lessened market risk for lenders and borrowers. Increased digitization in the banking sector is expected to offer significant market opportunities to the market in the forecast period. The global peer-to-peer lending market is estimated at US$ 1.3 Trillion by the end of 2032 from US$ 407.2 Billion in 2022. The market is likely to exhibit a CAGR of 12.7% from 2022 to 2032.

Also, with the enhanced popularity of P2P lending, various end-users, such as real estate, are using it efficiently. In addition, increased initiatives by players to collaborate are expected to benefit the market in long run. For instance, in May 2022, Fable Fintech, an eminent banking infrastructure enterprise, announced its strategic partnership with XeOPAR. XeOPAR is ready to make the most of the Fable Growth Suite (Retail) by establishing its first P2P remittances corridor from the United Kingdom to India, among others in SE Asia, East Africa, West Africa, the USA, Singapore, and the Middle East.

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Owing to such initiatives, the market is anticipated to expand significantly in the forecast period. On the contrary, risks associated with peer-to-peer lending are expected to limit the market growth in the forecast period. Also, with less awareness about P2P lending, the market is expected to suffer. However, with rising development in APAC along with the increasing number of small business entities, the market will counter the inhibiting factors, thus, supporting the industry expansion.

Key Takeaways from the Market Study:

  • Market in the U.S to value US$ 568.2 Billion by 2032
  • Chinese market to expand at a CAGR of 11.3% from 2022- to 2032
  • By end-user, the small business segment is expected to exhibit a CAGR of 10.3% during the assessment period
  • The marketplace lending model segment to exhibit a CAGR of 12.9% in the assessment period
  • Market in France to garner US% 39.7 Billion by 2032
  • S to exhibit a CAGR of 14% from 2022 to 2032

Competitive Landscape

With the help of alternative distribution channels such as online sales, Players in the global peer-to-peer lending market are focusing to enhance their market presence across the globe. Major players in the market include Prosper Marketplace, Inc., LendingClub Corporation, CommonBond Inc., Funding Circle Limited, and Upstart Network Inc. among others.

  • In August 2021, CRED, an eminent player in the peer-to-peer lending market rolled out a new peer-to-peer lending platform called CRED Mint. It can be used as a cred-card repayment platform, and it allows members to earn interest on money by lending to other high-earning consumers.
  • In January 2021, LendingClub, an eminent peer-to-peer lending market player, announced the acquisition of Radius Bancorp, Inc, and its digital bank subsidiary to expand the revenue of the company.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global peer-to-peer lending market, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

Key Segments Profiled in the Peer-to-Peer Lending Market Analysis

Peer-to-Peer Lending by End User:

  • Peer-to-Peer Lending for Consumer Credit
  • Peer-to-Peer Lending for Small Business
  • Peer-to-Peer Lending for Student Loans
  • Peer-to-Peer Lending for Real Estate

Peer-to-Peer Lending by Business Model:

  • Traditional Peer-to-Peer Lending Model
  • Marketplace Peer-to-Peer Lending Model

Peer-to-Peer Lending by Region:

  • North America Peer-to-Peer Lending Market
  • Europe Peer-to-Peer Lending Market
  • Asia Pacific Peer-to-Peer Lending Market
  • Middle East & Africa Peer-to-Peer Lending Market
  • Latin America Peer-to-Peer Lending Market

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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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Pelvic Floor Stimulators Market to exhibit CAGR of 8.8% forecast period by 2031

Increasing demand for electrical stimulation to treat urinary incontinence is expected to boost the global pelvic floor stimulator market. According to a report by Future Market Insights (FMI), the global pelvic floor stimulator market was valued at US$ 110.4 Mn in 2020 and is predicted to expand at a CAGR of over 8.8% during the forecast period (2021–2031).

Weakening of pelvic floor muscles, urinary tract infections, menopause, constipation, obesity, and alcoholism are the main causes of urinary incontinence. The rising prevalence of these conditions, added to the growing elderly population, are major drivers for the global pelvic floor stimulators market.

Similarly, a high level of portability and lower costs of mobile devices in contrast to fixed devices or surgical treatments, and progressive therapeutic results and easy access to patients through over-the-counter (OTC) medical channels are expected to drive demand.

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Initiatives undertaken by government and non-governmental organizations to create awareness are increasing the demand for pelvic floor stimulators. For instance, the Australian government has started a program “National Continence Management Program.”

The government of Australia also started “The continence aids payment scheme (CAPS).” COVID-19 kicked the pelvic floor stimulators demand into high gear—and this extended to consumers increasing their adoption using online sales channels. However, lack of labor, halt on transportation, and disruptions in the supply chain, has affected device availability and growth prospects for the near future.

Manufacturers are focusing on research and development activities to develop unique and technologically advanced devices with rechargeable functionality. In March 2019 InControl Medical received FDA approval for a new Attain designed for at-home use to women in the U.S. suffering from stress, urge, mixed urinary incontinence or bowel incontinence.

Increasing demand for electrical stimulation to treat urinary incontinence is expected to boost the global pelvic floor stimulator market. According to a report by Future Market Insights (FMI), the global pelvic floor stimulator market was valued at US$ 110.4 Mn in 2020 and is predicted to expand at a CAGR of over 8.8% during the forecast period (2021–2031).

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Weakening of pelvic floor muscles, urinary tract infections, menopause, constipation, obesity, and alcoholism are the main causes of urinary incontinence. The rising prevalence of these conditions, added to the growing elderly population, are major drivers for the global pelvic floor stimulators market.

Similarly, a high level of portability and lower costs of mobile devices in contrast to fixed devices or surgical treatments, and progressive therapeutic results and easy access to patients through over-the-counter (OTC) medical channels are expected to drive demand.

Initiatives undertaken by government and non-governmental organizations to create awareness are increasing the demand for pelvic floor stimulators. For instance, the Australian government has started a program “National Continence Management Program.”

The government of Australia also started “The continence aids payment scheme (CAPS).” COVID-19 kicked the pelvic floor stimulators demand into high gear—and this extended to consumers increasing their adoption using online sales channels. However, lack of labor, halt on transportation, and disruptions in the supply chain, has affected device availability and growth prospects for the near future.

Manufacturers are focusing on research and development activities to develop unique and technologically advanced devices with rechargeable functionality. In March 2019 InControl Medical received FDA approval for a new Attain designed for at-home use to women in the U.S. suffering from stress, urge, mixed urinary incontinence or bowel incontinence.

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Key Takeaways from Pelvic Floor Stimulator Market Study

  • Electrical stimulators will reflect a revenue share of more than 66% with a CAGR of 9.1% owing to the high demand for treatment research for urinary incontinence.
  • Urinary Incontinence holds a share of over 75% in 2021, due to the growing geriatric population which is prone to urinary incontinence.
  • The U.K and Germany are leading markets in Europe, cumulatively accounting for over 45% of the regional value share, owing to consumer reliance on technology for health information.
  • Driven by a matured healthcare and research sector, the U.S., will account for more than 78% of the North America market by 2031.
  • China is a high potential market reflecting a 9.9% CAGR, driven by a rapidly growing consumer demographic of geriatrics.

“Increasing prevalence of pelvic floor disorders and subsequently rising increasing awareness about the benefits electrical stimulation in the treatment of urinary incontinence are driving the adoption pelvic floor stimulators on a global scale through 2031,” says the FMI Analyst.

Key Participant Insights

Key players in the market are focusing on strategic collaborations, acquisitions, and expansion. Furthermore, product launches, agreements and research sponsorships are key strategies adopted by manufacturers to expand their research and development capabilities, while increasing their sales by strengthening product portfolios in the pelvic floor stimulator market.

In August 2020, Medtronic expanded leadership to launch InterStim Micro Neurostimulator and InterStim SureScan MRI Leads, for treating bladder and bowel control conditions.

Pelvic Floor Stimulators Market by Category

Product Type:

  • Electrical stimulators
  • Magnetic Stimulators

Application:

  • Urinary Incontinence
  • Sexual Dysfunction
  • Neurodegenerative Diseases

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End-User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialized clinics
  • Homecare setting

Region:

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

About FMI:

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

Contact:

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Infection Prevention Market is projected to rise at a CAGR of 4.2% forecast period by 2031

According to a recent study by Future Market Insights (FMI), sales of infection prevention products are expected to top US$ 37.4 Bn in 2021, at a CAGR of over 4.2% during the forecast period (2021-2031).

Rising cases of infectious diseases caused due to the pathogenic organisms such as bacteria, fungi, viruses and other parasitic organism are improving the adoption of infection preventing products.

As reported by the Centre for Disease Control and Prevention (CDC) in 2018, infectious disease is the third most leading cause of death in the U.S. followed by other infectious diseases such as tuberculosis (9,025 cases), salmonella (60,99 cases), Lyme disease (33,666 cases), meningococcal disease (327 cases) and parasitic diseases (15.5 Mn cases).

Several other factors such as rising incidence of infections acquired while in hospital (often called as Hospital Acquired Infections or HAI), large number of surgical procedures, and increasing cases of chronic diseases among geriatric population have led to higher emphasis on maintaining proper hygiene and cleanliness.

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Sudden outbreak of pandemic increased the number of patients in hospital during the FQ-20, elevating the risk of viral transmission amongst them. This in turn has created the demand for infection preventing and controlling options such as the use of hand sanitizers, disinfectants and other such products.

Increase in sales of these infection prevention products is expected to boost the infection prevention market growth in near future. The market registered spike in demand for infection preventive products, especially in emerging economies such as India.

As per Future Market Insights, the India infection prevention market registered highest growth across South Asia, reaching US$ 17.29 Bn in 2021.

Additionally, companies manufacturing infection prevention products have been focusing on developing eco- friendly and sustainable bio-based products with superior efficacy. Drive towards sustainability is expected to strengthen infection prevention market, creating worthwhile opportunities for growth.

Increasing ageing population worldwide has resulted in higher focus on proper hygiene and self-care solutions due to the rise in chronic diseases and onset of COVID-19. Furthermore, increase in consumer spending, improved healthcare infrastructure, rising government and industry investments in research and development activities will create demand for infection prevention product.

Based on the aforementioned factors, Future Market Insights (FMI) estimates that the market is expected to create absolute $ opportunity, exceeding more than US$ 56.39 Bn by 2031-end.

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Key Takeaways from Infection Prevention Market Study

  • By product, sterilization equipment is the most lucrative segment in terms of revenue and is anticipated to grow at a CAGR of more than 4.9% during 2021-2031.
  • Based on end-user, hospitals and clinics segment is leading the market and expected to gain more than 42% of revenue share through 2031.
  • The U.S. is expected to dominate the global infection prevention market in terms of revenue in 2021, followed by the U.K. and Germany.
  • India is expected to be the most lucrative market in terms of revenue across South Asia, accounting for over 50% of market value share in 2021.
  • China holds leading position in East Asia and is expected to account for nearly 48% of market share.

Who is Winning?

Some of the leading manufacturers of infection prevention products are focusing on new product development, clinical trials, speedy regulatory approvals, exclusive marketing and distribution licensing agreement strategies, thereby enhancing their market presence.

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  • In 2021, a new 3M™ Clean & Protect Certified Badge Program was launched by 3M company. A new comprehensive system designed for effective cleaning and disinfecting solution that cleans, monitors and protects the facilities.
  • In July 2020, Reckitt Benckiser Group PLC in partnership with water.org made provisions for improved access to safe, clean water in Kenya. In the same month, the company received the EPA approval for the first surface disinfectant products tested on the SARS-COV-2 virus.
  • In 2021, Metrex collaborated with Solvay for chemical resistance testing of widely-used disinfectants in healthcare settings.

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
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Neurointerventional Devices Market Comprehensive Shares, Historical Trends And Forecast By 2030

A new report by Future Market Insights (FMI) expects global neurointerventional devices market is expected to project a significant growth CAGR value of about 4.7% from 2022 to 2030.

Since the past several years, the burden of neurological disorders has increased multifold. According to the National Center for Biotechnology Information (NCBI), the frequency of cerebral aneurysm is nearly 3.2%, with the prevalence being higher amongst women than men above 50 years of age.

It is estimated that around 6.5 million people in the United States possess an unruptured brain aneurysm, while 30,000 suffer a brain aneurysm rupture every year. Based on these trends, it is unsurprising to observe the market being interspersed with the presence of several reputed manufacturers who constantly launch new products.

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In addition, rising prevalence of ischemic stroke is also boosting the neurointerventional devices market. Being non-invasive in nature, these devices increase chances of survival during surgery, further fueling market growth. By 2030, a valuation of US$ 4.8 Bn is predicted for the market.

Global Neurointerventional Devices Market- Key Takeaways

  • North America shall be the market hegemon, holding a 40.7% market share from 2020-2030
  • Embolic coils to capture the majority share, carotid stents to surge in popularity
  • High incidence of cerebral aneurysm to accelerate adoption of coiling procedures
  • Presence of experienced surgeons shall accelerate hospital-grade neurointerventional device adoption

Competitive Intelligence

Some influential vendors within the landscape include: Stryker Corporation, Covidien Public Ltd., Penumbra Inc., Terumo Corporation, Johnson & Johnson Private Limited, Medtronic PLC, Boston Scientific Corporation and Abbott.

Players are emphasizing on expanding their businesses through partnerships, collaborations and mergers & acquisitions and participation in trade fairs. Many of them are also aligning with research institutes to augment their research capacities.

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In August 2020, Stryker Corporation successfully launched its Surpass Evolve flow diverter after receiving FDA clearance in the U.S market. The device has already been in use in Europe since 2019.

In September 2020, Penumbra Inc. shall participate in the virtual Global Embolization Symposium & Technologies 2020 Conference. The company hopes to broaden its outreach and collaborate with other leading players to develop and launch new neurointerventional devices, thus expanding its existing product portfolio.

COVID-19’s Impact on the Market

With respect to neurological disorders, several hospitals and clinics have reported complications in severely or critically ill patients with co-morbidities. COVID-19 has the potential to affect the central and peripheral nervous systems. The virus invades the brain either through the olfactory system or a hematogenous route. Once inside, the virus may cause hypoxic and metabolic abnormalities.

In this light, the neurointerventional devices market is poised to remain afloat in the near-term forecast period. Significant increases in mechanical thrombectomies were reported since April 2020, with majority of the patients seeking treatment for acute strokes from large vessel occlusions (LVOs).

A series of case studies on over 200 COVID-19 positive patients in Wuhan, China, 36.4% of patients exhibited neurologic symptoms such as acute cerebrovascular events, muscle injury and impaired consciousness. In this context, the market is poised to experience an adrenaline rush in the short-run.

Key Market Segments Covered In Neurointerventional Devices Industry Research

By Product:

  • Embolic Coils
  • Carotid Stents
  • Intracranial Stents
  • Neurovascular Thrombectomy
  • Embolic Protection Devices
  • Flow Diverters Devices
  • Intrasaccular Devices
  • Liquid Embolic
  • Balloons
  • Stent Retrievers

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By Technique:

  • Neurothrombectomy Procedure
  • Cerebral Angiography
  • Stenting
  • Coiling Procedures
  • Flow Disruption

By End User:

  • Hospitals
  • Ambulatory Surgical Centers

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Japan
  • APEJ
  • Middle East and Africa (MEA)

About FMI:

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

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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Offshore Structural Analysis Software Market 2022 Comprehensive Shares, Historical Trends And Forecast By 2032

The demand for offshore structural analysis software is rising due to growing demand for environmentally friendly building work and increasing demand from the oil and gas end-use industry. These are some of the primary drivers responsible for rising sales of offshore structural analysis software and the development of global offshore structural analysis software market share. As per the study at FMI, the offshore structural analysis software market was valued at US$ 637.2 Mn in 2022 and is predicted to reach US$ 1.1 Bn by 2032, growing at a 5.4% CAGR.

Furthermore, the global offshore structural analysis software market’s growth trajectory is influenced by an increase in demand for offshore structural analysis software by engineers, contractors, and architects.

The offshore structural analysis software technology breakthroughs are providing end users with far more effective and valuable solutions. As a result, the sales of offshore structural analysis software are predicted to rise. However, issues encountered by ground-level workers in implementing this software, as well as a costly initial investment, may limit the global offshore structural analysis software market size during the forecast period.

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Increased technological advancements in subsea platforms, protective structures, drilling templates, tension decks, substitutes connected to various offshore structures, and skidding systems, on the other hand, are expected to provide additional growth opportunities for players and developers in the global offshore structural analysis software market in the coming years. As a result, the sales of offshore structural analysis software are anticipated to grow rapidly.

Other significant factors propelling the sales of offshore structural analysis software in the coming years include rising demand for offshore structures with increased maintenance power, rising expenditure in the oil and gas industry, increased use of cloud-based computing and deployment services, and increasing awareness of the effective and timely analysis of various offshore structures.

Furthermore, the demand for offshore structural analysis software is growing as extreme weather conditions, physical space limits and distant locations present significant growth opportunities in marine, oil and gas, power production, and government and defence engineering sectors.

The demand for offshore structural analysis software is forecasted to rise as engineers can utilise offshore structural analysis software to design a safe and reliable operating platform in an extreme environment because of these constraints. As a result, the sales of offshore structural analysis software are anticipated to rise throughout the forecast period.

KEY TAKEAWAYS:

  • By component, the software segment is predicted to dominate the offshore structural analysis software market with a CAGR of 5.7% through 2032.
  • This growth is mostly due to increased demand for offshore structural analysis software from end-users such as architects, engineers, contractors, and owners in the oil and gas, maritime, power generation, and government and defence industries for dynamic, cost-effective, and efficient offshore structural analysis software.
  • By end use industry, the oil and gas industry segment is predicted to lead offshore structural analysis software market share with a CAGR of 5.9% through 2032.
  • This is due to the significant number of offshore projects in this industry that require offshore structural analysis software for structure design. Architects, engineers, and contractors are increasingly emphasising the usage of offshore structural analysis software, which is driving the sales.
  • In terms of region, Asia Pacific dominated the offshore structural analysis software market in 2021 and is likely to continue during 2022 and 2032. This is due to an increase in the need for structures with high maintenance capabilities, as well as increased investments in the oil and gas industry.
  • Due to the growing awareness of offshore structural analysis software and the development in cloud-based services, which are lowering the high maintenance and operating costs connected with offshore structural analysis software; North America is anticipated to hold a significant market share.
  • Europe is also likely to see significant development in the next years as a result of the adoption of offshore structural analysis software and increased technical awareness of how it works.

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COMPETITIVE LANDSCAPE:

Baker Engineering and Risk Consultants, Inc., Bentley Systems, Inc., BMT Group Ltd, Dlubal Software GmbH, and DNV GL AS are some of the major players in the global offshore structural analysis software market.

Key Segments

By Components:

  • Service
  • Software

By End Use:

  • Power Generation
  • Oil and Gas
  • Maritime
  • Government and Defence

By Region:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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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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Future Market Insights,
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Over the Top (OTT) Services Market is Likely to Propel to US$ 7.0 Trillion by 2032 | Report by FMI

The global over the top (OTT) services market is estimated to garner US$ 7.0 Trillion while exhibiting a 12.6% CAGR during the forecast period. Mainly due to the availability of smart technologies amongst the masses the global over the top (OTT) services market has grown by leaps and bounds in recent years.

Increasing digital subscriber base, demand for digital content, an increase in demand for live streaming channels and digital advertising are driving the growth of over the top (OTT) services market. Most pay-TV providers are introducing stand-alone OTT-based subscription services. Dish’s Sling TV and AT&T’s DirecTV Now are successful examples of US-based affordable and stand-alone services. OTT services are reaching exponential levels of growth. With increasing e-services, the over the top (OTT) services industry is expected to secure US$ 2.1 Trillion in 2022.

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Rising demand for high-speed connectivity with good service delivery will have a positive impact on the overall market growth. Increasing use of cloud based technology such as artificial intelligence and big data and in many applications impelled the growth of the market. The e-services segment is likely to offer remunerative opportunities for the global over the top(OTT) services market.

Key Takeaways:

  • By application, e-services segment is expected to record an 14.2% CAGR by 2032
  • By business model, the premium & subscription segment to expand at a 13.1% growth rate during the forecast period
  • The U.S market to garner US$ 2.5 Trillion and record a 12.7% CAGR from 2022-2032
  • Market in China to procure US$ 322.7 Billion, expanding at a 13.6% growth rate during the assessment period
  • Global over the top services market to flourish over 3x from 2022 to 2032

Competitive Landscape

Key players of the global over the top (OTT) services market include Twitter Inc., LinkedIn Corp., Netflix Inc, Amazon Inc., Apple, Inc. among others. Market players are leveraging strategic collaborative initiatives to increase their market share and increase their profitability. Recent developments among players include:

  • In April 2021 – Apple Inc. announced its partnership with SK telecom co. a top wireless carriers of South Korea for online video streaming through AppleTv+
  • In February 2020 – The Walt Disney company collaborated with India’s Hotstar service to launch streaming services. The company with the Disney + Hotstar partnership aiming to increase its competition with Amazon prime and Netflix.
  • In March 2021, Netflix Inc. began testing a new plan in India for INR 299 per month, which will be called mobile+. This plan will allow members to stream the content in 720p HD quality on smartphones and computers. The mobile+ plan will not be accessible on TVs or support multiple screens simultaneously.

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Key Segments Covered In The Global Over The Top (OTT) Services Market Survey

Over the Top (OTT) Services by Application:

  • Over the Top (OTT) Services in Communication
  • Over the Top (OTT) Services in E-services
  • Over the Top (OTT) Services in Media Content
    • Audio/Video
    • Gaming
    • Web content
  • Over the Top (OTT) Services in Cloud services

Over the Top (OTT) Services by Business Model:

  • Over the Top (OTT) Services Premium & Subscription
  • Over the Top (OTT) Services Adware
  • Over the Top (OTT) Services Ecommerce

Over the Top (OTT) Services by End-Use:

  • Over the Top (OTT) Services for Personal
  • Over the Top (OTT) Services for Commercial
    • Healthcare
    • Media and entertainment
    • E-commerce
    • IT
    • Education

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Multi-item patient monitor Market Report Overview 2022, Industry Size, Top Leading Manufacturers with Share 2032

Global Multi-item patient Monitor market demand is anticipated to be valued at US$ 39.0 Billion in 2022, forecast to grow at a CAGR of 3.61% to be valued at US$ 55.6 Billion from 2022 to 2032. A patient monitor is a medical device that consists a processing component, monitoring sensors and a screen display which further measures and store a patient’s vital signs such as, blood pressure, body temperature, respiratory rate and pulse rate.

Multi-item patient monitors are also capable of measuring the activity of different body organs and ensure higher level of quality patient care. Multi-item patient monitors are electronic and technological advancements use wireless and intelligent communication technology for monitoring the patient’s vitals.

These monitors display waveforms and numerical data for the patient and are used for treatment and diagnosis in different healthcare facilities, majorly for post-acute care and chronic diseases. Multi-item patient monitors are not only used in healthcare facilities but also for home-based care. These devices are portable and easy-to-use and thus are extensively being used in home-care settings as well.

Multi-item patient monitor Market: Drivers and Restraints 

Multi-item patient monitors are consistently being improved in technology, especially for better algorithm-based monitoring. Remote patient monitoring has evolved over the years and thus, boosted the demand for multi-item patient monitors over time.

Paradigm shift of multi-item patient monitors for use in hospitals to use in mobility services and ambulatory centers is expected to trigger the market growth for multi-item patient monitors during the forecast period. Several macro-economic factors like, increase in healthcare expenditure, improved healthcare infrastructure, and rise in disposable income are also expected to contribute to the market growth for multi-item patient monitors.

Growing product penetration and popularity across regions might also drive the multi-item patient monitors market. However, high costs associated with these monitors and poor reimbursement policies for the device might hinder the market growth for multi-item patient monitors during the forecast period.

These monitors also require maintenance and economic crisis in developing regions could also restraint the market growth for multi-item patient monitors over the forecast period.

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Multi-item patient monitor Market: Overview 

Global Multi-item patient monitor market has witnessed growth due to increasing number of private healthcare facilities, globally. Multi-item patient monitor are being extensively used for emergency and post-acute care. Increase in adoption of portable multi-item patient monitors is also responsible for expansion of the multi-item patient monitors market.

Wireless technology for several monitors have gained U.S. FDA clearance and are being installed in various hospital settings around the globe. Improved technologies involve mobile augmented reality and wireless sensor network to remotely measure heart rate and body temperature in real time for patient care.

Multi-item patient monitors have gained popularity for home-based care, owing it to the easy-to operate feature of these monitors. Portable multi-item patient monitors have increased the demand of these monitors for emergency, critical and other ambulatory services.

Multi-item patient monitor Market: Region-wise Outlook 

Geography wise, Multi-item patient monitor market is divided into eight regions viz. North-America, Asia- Pacific excluding China & Japan, China, Japan, Western Europe, Eastern Europe, Latin America and Middle-East & Africa. North America’s Multi-item patient monitor market is expanding because of high product penetration and it will remain dominant during the forecast period because of growing number of intensive care facilities and improved healthcare infrastructure.

Southeast Asia is facing an increase in the trend for these monitors owing it to the use of multi-item patient monitors via Wi-Fi and other networks. Europe’s Multi-item patient monitor market is also expected to grow at a significant rate due to constant technological advancements in multi-item patient monitors and increase in number of private hospitals.

Key Segments Profiled In The Multi-Item Patient Monitor Industry Survey

Multi-item patient Monitor Market By Acuity Type:

  • High-acuity monitors
  • MRI-compatible monitors
  • Critical care monitors
  • Peri-operative monitors
  • Medium-acuity monitors
  • Post-anaesthesia care monitors
  • Emergency care monitors
  • Low-acuity monitors
  • Vital Sign monitors
  • Ambulatory monitors

Multi-item patient Monitor Market By Application:

  • Neurology
  • Cardiology
  • Respiratory
  • Fatal & Neonatal
  • Remote Monitoring
  • Weight Monitoring
  • Temperature Monitoring

Multi-item patient Monitor Market By End-User:

  • Hospitals
  • Ambulatory Care Centers
  • Clinics
  • Diagnostic Laboratories
  • Home-care Settings

Multi-item patient Monitor Market By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • China
  • Japan
  • Middle East & Africa

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.5.1. Supply Side Participants and their Roles

3.5.1.1. Producers

3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

3.5.1.3. Wholesalers and Distributors

3.5.2. Value Added and Value Created at Node in the Supply Chain

3.5.3. List of Raw Material Suppliers

3.5.4. List of Existing and Potential Buyer’s

3.6. Investment Feasibility Matrix

3.7. Value Chain Analysis

3.7.1. Profit Margin Analysis

3.7.2. Wholesalers and Distributors

3.7.3. Retailers

3.8. PESTLE and Porter’s Analysis

3.9. Regulatory Landscape

3.9.1. By Key Regions

3.9.2. By Key Countries

3.10. Regional Parent Market Outlook

3.11. Production and Consumption Statistics

3.12. Import and Export Statistics

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Pericarditis Treatment Market Future Demands, Regional Developments and Industry Competitive Landscape Analysis 2032

Global pericarditis treatment market is likely to be worth US$ 3.60 Billion in 2022, and is anticipated to grow at a CAGR of 5.24% during the projected period, reaching US$ 6 Billion by 2032. Pericarditis is a cardiovascular disease which represents the swelling of the pericardium wall of the heart. The main cause of pericardium disease is the inflammation of pericardium wall which is generally caused by viral infection. Other causes of pericarditis disease are renal failure, bacterial infections and intake of some drugs such as procainamide.

Some of the common symptoms of pericarditis disease are shortness of breath, fatigue, rapid or abnormal heart rhythms, and chest pain. Global Pericarditis treatment includes therapeutic treatment and surgical treatment. Acute pericarditis can be treated by medication for pain and inflammation, such as aspirin and ibuprofen. Depending on the cause of the pericarditis disease, several antifungal medications are prescribed which are expected to hold the maximum revenue in the pericarditis treatment market. In case of chronic or recurrent pericarditis, anti-inflammatory drugs such as colchicine are prescribed for pericarditis treatment. If the patient suffering from pericarditis disease does not show any response to the anti-inflammatory drugs, they are prescribed with corticosteroids such as prednisone.

Apart from medications, there are other surgical methods of treatment in pericarditis treatment market which are needed in the patients especially when all the other medical treatment fails.

Global Pericarditis Treatment: Market Dynamics

Increase in the prevalence rate of cardiovascular diseases across the globe is the major growth driver of Global Pericarditis Treatment Market. The growing geriatric population is also responsible for the growth of pericarditis treatment market. Increase in smoking, alcohol consumption, and lifestyle changes are the major factor behind the growth in cardiovascular diseases and also contributing factor for the growth of the pericarditis treatment market. More focus on the prevention and treatment of cardiovascular diseases in low- and middle-income economies is expected to drive the growth of the market for Pericarditis treatment. Increasing healthcare expenditures is also expected to fuel the global pericarditis treatment market.

Lack of awareness and the high cost of surgeries are the major factors which can hamper the growth of the Global Pericarditis Treatment Market.

Global Pericarditis Treatment Market : Overview 

Pericarditis treatment has been segmented into therapeutics and surgery. Pericarditis therapeutics include medication for pain and inflammation, such as aspirin and ibuprofen. Antibiotic or antifungal medicines are majorly used to treat the pericarditis disease and are expected to hold the maximum revenue share in the global pericarditis treatment market. Anti-inflammatory drugs such as colchicine are also used for the treatment of pericarditis disease.

Surgery is not a usual way of treatment and they are adopted only if the other methods of treatment are not successful.

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Global Pericarditis Treatment Market: Region-wise Outlook 

On the basis of geography, Global Pericarditis Treatment Market is segmented into seven key regions viz. North America, Latin America, Western Europe, Eastern Europe, the Asia Pacific excluding Japan, Japan, and Middle East & Africa. North America is expected to hold largest shares in the Pericarditis Treatment Market primarily due to the presence of a large number of hospitals and high-quality healthcare infrastructure. North America has a high number of laboratories for clinical research, therefore, is expected to drive the global pericarditis treatment market. Europe is expected to show the second highest share in Pericarditis Treatment market due to high prevalence of cardiovascular diseases. The Asia Pacific is also expected to hold a large revenue share in the global pericarditis treatment market due to the presence of a large population and a huge occurrence of cardiovascular diseases.

Global Pericarditis Treatment Market: Key Players 

Global Pericarditis treatment market has many key players. Major international manufacturers leading Pericarditis Treatment Market are Pfizer Inc., Bayer AG, PerkinElmer Inc., ALLERGAN, Lincoln Pharmaceuticals Ltd., Unicure India Pvt. Ltd., Zydus Cadila Healthcare Ltd., Twilight Mercantiles Pvt. Ltd.,Aasraw Biochemical Technology Co.ltd, Sun Pharmaceutical Industries Ltd.

Key Segments Profiled in the Pericarditis Treatment Industry Survey

Pericarditis Treatment Market by Disease Type:

  • Acute Pericarditis Treatment
  • Chronic Pericarditis Treatment
  • Recurrent Pericarditis Treatment
  • Idiopathic Pericarditis Treatment

Pericarditis Treatment Market by Treatment Type:

  • Pericarditis Therapeutics
  • Nonsteroidal Anti-Inflammatory Drugs (NSAIDs)
  • Antibiotic/Antifungal Medication
  • Corticosteroids
  • Pericarditis Treatment through Surgery
  • Pericardiectomy
  • Pericardiocentesis
  • Pericardiotomy

Pericarditis Treatment Market by End Use:

  • Pericarditis Treatment in Hospitals
  • Pericarditis Treatment in Clinics
  • Pericarditis Treatment in Ambulatory Surgical Centers
  • Pericarditis Treatment in Academic & Research Institutes

Pericarditis Treatment Market by Region:

  • North America Pericarditis Treatment Market
  • Latin America Pericarditis Treatment Market
  • Europe Pericarditis Treatment Market
  • East Asia Pericarditis Treatment Market
  • South Asia and Pacific Pericarditis Treatment Market
  • Middle East & Africa Pericarditis Treatment Market

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Investment Feasibility Matrix

3.5. Value Chain Analysis

3.5.1. Profit Margin Analysis

3.5.2. Service Providers

3.6. PESTLE and Porter’s Analysis

3.7. Regulatory Landscape

3.7.1. By Key Regions

3.7.2. By Key Countries

3.8. Regional Parent Market Outlook

  1. Global Pericarditis Treatment Market Analysis 2017-2021 and Forecast, 2022-2032

4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021

4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

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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.

Contact:

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Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

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Digital Barometer Market Analysis, Size, Share, Opportunities and Forecast To 2032 |Future Market Insights

Global digital barometer market demand is anticipated to be valued at US$ 1.03 Billion in 2022, forecast to grow at a CAGR of 3.5% to be valued at US$ 1.46 Billion from 2022 to 2032. Digital Barometers are used to measure barometric pressure, that is, atmospheric pressure and display the results in electronic format. Although barometers had been invented centuries back, the advanced digital barometers have witnessed plethora of modifications with additional feature, accuracy and compactness.

Today’s digital barometers are popular for variety of reason ranging from contemporary styling, advance features, greater precision, long life and low on pocket nature. These characteristics make digital barometers a great choice for numerous applications in pharmaceutical industries, research laboratories, academic research institutes and many more.

Apart from laboratories, digital barometers finds application in meteorological departments for weather forecast. Digital barometers can efficiently tell the short term expected changes in the climate. Modern day digital barometers are wall-mounted tablet form digital barometers which come with multi-specialties such as temperature, future forecast, time, etc.

Digital barometers display enables easy interpretation of measurements and allows computer storage of the analysis. The electronic format of digital barometers allow multiple scales for precision and sensitivity. Moreover, the digital barometers tracks the atmospheric pressure for every minute.

Digital Barometer Market: Market Dynamics 

Maintenance of specific atmospheric conditions are very important in research laboratories and pharmaceutical manufacturing as well as research and laboratory sites. Increasing demand for biotechnology and drug designing propel the growth of research institutes and pharmaceutical companies.

This is considered as an important driver of digital barometer market. The advancements in technologies fuel the growth of digital barometers in market to develop new innovative product types with additional features and greater sensitivity in compact size with affordability. However, cheaper cost of normal barometers with same functionality make end users to not opt for digital barometers creating a restraint in global expansion of digital barometer market.

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Digital Barometer Market: Overview 

Advancement in the technology in digital barometer significantly spur the market of digital barometer. On the basis of modality, the digital barometer market is fragmented into hand-held digital barometers, table-top digital barometers and wall-mounted digital barometers.

The hand-held digital barometers are expected to account for the largest revenue share owing to maximum adoption by research laboratories and meteorological departments. However, wall-mounted digital barometers are expected to grow with highest CAGR over the forecast period due to the incorporation of various advance features.

On the basis of end user, the digital barometer market is segmented into pharmaceutical companies, research laboratories, academic research institutes, winery and breweries, oil & gas industries, CMOs, and meteorological department.

Meteorological department and research laboratories are estimated to account for the largest market share in the terms of revenue owing to increasing number of research laboratories and higher adoption by them in the forecast period.

Digital Barometer Market: Region-wise Outlook 

In terms of geography, the digital barometer market has been divided into seven regions including North- America, Eastern Europe, Western Europe, and Asia- Pacific excluding & Japan (APEJ), Japan, Middle-East & Africa, and Latin America.

North America is the most dominating market and holds the largest revenue share, due to higher presence of research and academic laboratories. Increasing expenditure and funding on biotechnology and research and developmental programs are also a contributor for domination of North America in digital barometer market.

Europe accounts for the second large revenue share in the global digital barometer market, owing to increasing adoption of digital barometers by end users and higher expenditure on research and development. Asia Pacific is expected to witness rapid growth in the digital barometer market, due to advances in technology and establishments of science research groups and laboratories.

China is expected to register significant growth, owing to presence of several local manufacturers. Latin America and Middle East & Africa are projected to exhibit slow growth in digital barometer market owing to limited demand from end users over the forecast years.

Key Segments Profiled in the Digital Barometer Industry Survey

Digital Barometer Market by Modality:

  • Hand-held Digital Barometer
  • Table-top Digital Barometer
  • Wall-mounted Digital Barometer

Digital Barometer Market by End Users:

  • Digital Barometers for Pharmaceutical Companies
  • Digital Barometers for Research Laboratories
  • Digital Barometers for Academic Research Institutes
  • Digital Barometers for Winery and Breweries
  • Digital Barometers for Oil & Gas Industries
  • Digital Barometers for CMOs
  • Digital Barometers for Meteorological Departments

Digital Barometer Market by Region:

  • North America Digital Barometer Market
  • Latin America Digital Barometer Market
  • Europe Digital Barometer Market
  • East Asia Digital Barometer Market
  • South Asia and Pacific Digital Barometer Market
  • Middle East and Africa Digital Barometer Market

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.5.1. Supply Side Participants and their Roles

3.5.1.1. Producers

3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

3.5.1.3. Wholesalers and Distributors

3.5.2. Value Added and Value Created at Node in the Supply Chain

3.5.3. List of Raw Material Suppliers

3.5.4. List of Existing and Potential Buyer’s

3.6. Investment Feasibility Matrix

3.7. Value Chain Analysis

3.7.1. Profit Margin Analysis

3.7.2. Wholesalers and Distributors

3.7.3. Retailers

3.8. PESTLE and Porter’s Analysis

3.9. Regulatory Landscape

3.9.1. By Key Regions

3.9.2. By Key Countries

3.10. Regional Parent Market Outlook

3.11. Production and Consumption Statistics

3.12. Import and Export Statistics

  1. Global Digital Barometer Market Analysis 2017-2021 and Forecast, 2022-2032

4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021

4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

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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.

Contact:

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Autoclave Market Key Developments, Research Methodology and Top Player Forecast Overview Till 2030

The global autoclaves market is estimated to be valued at US$ 2.09 Bn in 2022 and is expected to reach US$ 3.17 Bn by 2030. Autoclave is a device that is majorly used for sterilization & disinfection process. Autoclave device operates on physical method, which maintains pressure conditions and temperature for the process of sterilization in less time. In healthcare, autoclave has applications for predisposal and sterilization of medical equipment and material. Autoclave equipment creates an artificial environment to withstand high pressure and high temperature.

According to the Centers for Disease Control and Prevention (CDC), on any given day, about 1 in 31 hospital patients has at least one health-care associated infection. Autoclaving destroys microorganisms with higher efficiency than dry heat. Hence autoclaves are registering increasing applications in the healthcare industry.
While the outbreak of novel coronavirus has taken a toll on the market affecting its growth, it is recovering steadily to bounce back. Patient admissions in hospitals and other healthcare facilities has increased, which is in turn fuelling the demand for autoclaves in the recent year.

FMI offers an in-depth analysis and overview of the global autoclaves market, covering factors enabling its growth, creating prospects, and key threats.
Some of the key takeaways from the report are highlighted below-

  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global autoclaves market share.
  • Floor standing autoclaves will gain traction due to the high for laboratory applications
  • This study presents the analytical depiction of the global autoclaves market along with the current trends and future estimations to determine the imminent investment pockets.
  • The current market is quantitatively analyzed from 2021 to 2030 to highlight the global autoclaves market growth scenario. Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global autoclaves market analysis based on competitive intensity and how the competition will take shape in coming years.

“The rising awareness among the hospital staff, doctors, and patients regarding the hospital acquired infections is spurring the growth of the autoclaves market. The outbreak of COVID-19 pandemic has resulted in unbridled rise in patient pool across hospitals and healthcare centers, increasing the risk of hospital acquired infections. According to the National Centre for Biotechnology Information (NCBI), the risks of Central Line-Associated Bloodstream Infection (CLABSI), Catheter Associated Urinary Tract Infection (CAUTI), and others are higher in COVID-affected patients. This has been fuelling the demand for autoclaves and the trend is expected persist over the next couple of years,” says an FMI analyst.

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COVID-19 Impact Analysis
The outbreak of COVID-19 pandemic caused decline in the growth of market earlier this year. The sudden lockdown, coupled with restrictions imposed, had severely affected manufacturing units of the autoclaves. However, autoclaves being an integral part of the sterilization process started experiencing surge in demand soon after getting over the temporary period of lull. The ongoing pandemic has resulted in higher requirement for sterilized and clean environment across healthcare facilities, which is substantially pushing the demand curve for autoclaves upward.

As per Medical Product Outsourcing (MPO), autoclaves are staples in the healthcare industry and they are used extensively for high-pressure steam sterilization on various tools and industrial components, especially during COVID-19 pandemic.

According to the World Health Organization (WHO), biosafety levels BSL-2 and BSL-3 are required in order to handle COVID-19 by maintaining clean and safe environment. As laboratory autoclaves are ideal for sterilization of contaminated instruments, waste, laboratory equipment, and others while maintaining these standards, they are highly required in diverse end-user industries starting from pathology laboratories to academic and research institutes.

Key Market Players

  • Astell Scientific
  • Shinva
  • Steris Corporation
  • Getinge
  • Belimed
  • MELAG,
  • Panasonic Biomedical Tuttnauer.

Autoclaves Market by Category

By Product Type:

  • Gravity Autoclave
  • Vacuum-induced Autoclave

By Modality:

  • Floor standing
  • Bench Top
  • Wall Mounted
  • Portable

By Loading Type:

  • Top Loading
  • Front Loading
  • Pass-Through

By Chamber Type:

  • Cylindrical
  • Rectangular

By End-User:

  • Hospitals
  • Office-Based Clinics
  • Academic and Research Institutes
  • Research Laboratories
  • Pathology Laboratories
  • Biopharmaceutical Companies

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Table of Content
1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusion and Exclusions

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Type Innovation / Development Trends

  1. Key Success Factors

4.1. Product Type Adoption Rate/Usage Analysis- Key Statistics

4.2. Key Promotional Strategies, By Key Manufacturers

4.3. Diseases Epidemiology By Region

4.4. New Product Launches

4.5. Products & Application Matrix

TOC Continue…

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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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