Breast Pumps Market valuation of US$ 2.45 Bn by the end of 2030

[250 Pages Report] During the forecast period of 2022 to 2027, sales of breast pumps are anticipated to increase at a CAGR of 4.6% and reach a market valuation of US$ 2.15 Bn by the end of 2027, up from US$ 1.71 Bn in 2022.

Breast Pumps Market Size (2022) US$ 1.71 Bn
Revenue Forecast (2027) US$ 2.15 Bn
Global Market Growth Rate (2022-2027) 4.6% CAGR
Market Share of Homecare Settings 61.5%

The FMI Study titled “Breast Pump Market – Global Industry Analysis 2012–2021 and Opportunity Assessment 2022–2027”, highlights the potential factors fuelling the revenue growth of the breast pump market globally. A breast pump is a medical device used to elicit breast milk from lactating women. Breast pump products are available in two models, including manual breast pumps and electrical breast pumps. Electric breast pumps are available in two formats: single electric breast pumps and double electric breast pumps.

This report analyzes total revenue generated through sales of breast pump products, which include manual breast pumps and electric breast pump devices for breast feeding. Breast pump products are increasingly becoming a necessity among working women across the world as the inclusion of women in workforce is increasing globally.

Since the last few years, the percentage of working women in workplaces across the globe has been declining (46.2% in 2019 as compared to 50.9% in 1990 as per “Catalyst”).

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Emerging economies are witnessing impressive growth in healthcare spending. This can be attributed to improvements in healthcare technology and changing lifestyle, which is fuelling the demand for breast pumps among urban women. According to WHO, the global healthcare spending rose by 2.4% in 2014 over 2013. Healthcare spending is growing at a rate of 5% in developing regions. Rise in healthcare expenditure is expected to boost overall adoption of breast pumps among women, especially in Asia Pacific.

Breast pump adoption is as high as 85% among breast feeding women at 3 months post-birth. Furthermore, marketplace discussions indicate that the availability of breast pump accessory products will also encourage the adoption of electric breast pumps in developed markets. In this regard, infant product manufacturers are increasingly bundling other pump-related products, such as nursing bras and breast pumping bras, to sell complete package of breast pumps, which is anytime more profitable than isolated sales. Electrical breast pump packages find more adoption than manual breast pump products due to better volume of output. These innovative solutions are projected to fuel breast pump market revenues in the global electric breast pumps market during the forecast period.

Key Players

  • Koninklijke Philips N.V.,
  • Pigeon Corporation,
  • Newell Brands,
  • Medela Inc.,
  • Ameda Inc.,
  • Hygeia II Medical Group Inc.,
  • Bailey Medical,
  • Mayborn Group Ltd. and Linco Baby Merchandise Works Co., Ltd.

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The Electric breast pump market is more technologically advanced with higher product pricing and low penetration. This category of breast pump comprises few global breast pump manufacturing companies. Potential new entrants in breast pump market are trying to capture and improve their market position by using innovative marketing strategies, such as inorganic growth. Breast pump manufacturers are expanding their product portfolio using latest technologies.

Availability of BPA free breast pump products is fuelling breast pump adoption in developed as well as more the affluent markets in developing regions. In the recent past, breast pump manufacturers have begun offering bisphenol A or BPA-free breast pump products to increase sales. BPA is a chemical used to make milk container or feeding bottle rigid and more resistant and has been associated with adverse health effects, such as neural and fertility issues. Examples of some BPA free breast pump products are Philips Avent Manual Comfort Breast Pump from Koninklijke Philips N.V. and BPA-free breast pumps by Medela, Inc.

Rapid rise in promotional/supporting campaigns for Breast Pump products is fuelling revenue growth of the breast pump market. In November 2012, leading breast pump manufacturer Medela launched a campaign titled ‘Virtual Human Milk Collection Campaign’ to commemorate Prematurity Awareness Month, where the breast pump manufacturer encouraged and demonstrated the importance of breast milk for infants and babies. Medela has also donated US$ 30,000 worth of breastfeeding related products to various neonatal intensive care units across the U.S.

Some of the leading breast pump manufacturing companies analyzed in the report include Koninklijke Philips N.V., Pigeon Corporation, Newell Brands, Medela Inc., Ameda Inc., Hygeia II Medical Group Inc., Bailey Medical, Mayborn Group Ltd. and   Linco Baby Merchandise Works Co., Ltd.

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Additional Questions Answered

Readers can find detailed information about the important positive and negative factors likely to affect the Breast Pump market during the forecast period. Additionally, this Breast Pump market report also contains valuable information that can provide Breast Pump manufacturers with answers to critical questions, such as

  • Which types of products account for the maximum demand in Breast Pump market and why?
  • Why is the sales of Breast Pump services and products highest in North America?
  • Which regulations in various regional segments are influencing the strategies of players in the Breast Pump market?
  • Why is APEJ currently attracting traction in the Breast Pump market?
  • What are some of the current technology types and trends adopted by various Breast Pump companies?
  • What are the promotional strategies being applied by breast pump manufacturers in order to sustain themselves in the competitive Breast Pump market?

Key Segments Covered

by Product Type

  • Open System Breast Pumps
  • Closed System Breast Pumps

by Technology Type

  • electric
  • manual breast pumps

 by End User

  •  homecare settings
  •  healthcare facilities

by Region

  •  North America
  •  Latin America
  •  Western Europe
  •  Eastern Europe
  •  Japan
  •  Asia Pacific Excluding Japan (APEJ)
  •  the 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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Acetaminophen Market is expected to reach US$ 14.07 Billion by 2031

[332 Pages Report] According to a recent study by Future Market Insights (FMI), the global acetaminophen market is expected to grow from US$ 9.4 Bn in 2021, to over US$ 14.1 Bn by 2031, expanding at a 4.1% CAGR over the forecast period 2021-2031.

Acetaminophen/ paracetamol is widely being adopted by individuals and healthcare providers and are sold over the counter, which is boosting sales in the market.  Paracetamol is widely consumed as it is suitable to all age groups i.e. adults, children’s, pediatrics and geriatrics to treat mild to moderate pain. Paracetamol is the most efficient and safe drug to manage pain when consumed in a controlled dosage.

The most prescribed OTC (over the counter) drug is acetaminophen, which is widely used as the first line of treatment. As chronic disorders have symptoms of pain, demand is projected to increase over the forecast period.

According to the CDC, in 2019, 20.4% of adults had chronic pain and 7.4% of adults had chronic pain that frequently limited life or work activities. Similarly, in the U.K., around 26% of patients with diabetes were found to have peripheral neuropathic pain. Paracetamol can be combined with other pain management drugs that are sold through prescription only, which is expected to continue boosting sales.

Further, increasing awareness regarding palliative care in terminally ill patients is boosting the adoption of analgesics for pain management. Since the prevalence of pain is over 75% in advanced disease conditions, sales are expected to gain traction in the forthcoming years.

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In the U.S., palliative care services are delivered following government and commercial reimbursement policies. Hospital palliative care programs in the U.S. include palliative care consultation teams and dedicated in-patient care units. Non-hospital palliative care programs include ambulatory care, and office and home-based palliative care programs.

Healthcare companies are collaborating with healthcare professionals, healthcare service providers, and hospitals to improve quality care for the patients. In addition to this, manufacturers are investing in product development to improve sales in the market. For instance, in 2020, Haihe Pharmaceutical Co. Ltd. outsourced the China rights to its non-opioid analgesic candidates, RMX-1001 and RMX-1002, to 3D Biomedicine Science & Technology Co. Ltd.

global acetaminophen market

Key Takeaways:

  • Based on product type, the acetaminophen segment is projected to growt at a 4.1% CAGR through 2031.
  • The oral route of administration segment accounted for 92.4% of the total market share in 2021.
  • In terms of sales type, the OTC (over the counter) segment accounted for 91.6% of the global market share in 2021.
  • Sales through retail pharmacies will continue gaining traction. In 2021, the segment accounted for 28.5% of the total market share.
  • North America held the largest share of 33.0% of the global acetaminophen market in 2021, and the trend is expected to continue over the assessment period.

“Growing demand for self-aid and cost-effective OTC pain relievers, along with increasing usage of acetaminophen as the first line of treatment for pain management are the key factors projected to drive the market in the forthcoming years,” says the FMI analyst.

Competition LandscapeLeading players operating in the global acetaminophen market are Abbott, Janssen Pharmaceuticals, Inc. [Johnson & Johnson], Bristol-Myers Squibb and Company, Cardinal Health Inc., Viatris, Procter & Gamble Company, Sanofi, Novartis AG, Bayer AG, Teva Pharmaceutical Industries Ltd, Perrigo Company, Mallinckrodt Pharmaceuticals, Glaxo SmithKline Pharmaceuticals Ltd, Sun Pharmaceutical Industries Ltd, and Sun Pharmaceutical Industries Ltd.

Some of the leading companies of the acetaminophen market are focusing on product launch collaboration and partnership strategies for global expansion objectives, thereby, enhancing their market presence. For instance:

  • Johnson & Johnson, In March 2020,  announced that it will be boosting up production of its flagship product Tylenol which is an over-the-counter pain killer
  • GlaxoSmithKline, In February 2020 was approval by the Food and Drug Administration for Advil Dual Action, with acetaminophen as an over-the-counter (OTC) product for pain relief.

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More Insights into Acetaminophen Market ReportFuture 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 2016 to 2031. The global acetaminophen market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The study provides compelling insights into the acetaminophen market. The Market is segmented into four parts based on product (acetaminophen, acetaminophen with opioids, others) based on the route of administration (oral, injectable, others) based on sales type (OTC (over the counter) and RX (prescription) based on the distribution channel (hospital pharmacies, retail pharmacies, drug stores, e-commerce, others) and across seven major regions.

Acetaminophen Market By CategoryProduct Type :

  • Acetaminophen
  • Acetaminophen with Opioids
  • Others

Route of Administration :

  • Oral
  • Injectable
  • Others

Sales Type :

  • OTC (Over-the-counter)
  • Rx (Prescription)

Distribution Channel :

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • E-commerce
  • 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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First Aid Market size is projected to be US$ 800.38 Million by 2032

Future Market Insights (FMI), in its latest report titled, “China First Aid Market Assessment and Opportunity 2014 – 2020”, projects the China first aid market to exhibit a CAGR of 6.3% between 2015 and 2020. Adoption of aggressive promotional campaigns are key factors driving growth of the market.

The report is focused on basic first aid products such as adhesive bandages, disinfectants and gauzes. Though the basic wound care segment in China accounts for miniscule share of the overall wound care market in China, it is expected to witness significant growth over the next few years. Increasing awareness about non-traditional first-aid products among consumers in Tier 2 and Tier 3 cities is the prime driving factor for the market in the region.

As of 2014, basic first aid products accounted for less than 20% share of the overall wound care market in China. Strategies such as innovative product packaging along with aggressive market campaigning has led to surge in demand for these products in China. Government emphasis on healthcare policies, liberalization of policies related to distribution of licenses and FDI influx are other key driving factors of the first aid market in China. On the flipside, low healthcare expenditure and higher preference for Chinese traditional medicines among consumers is a major restraint for non-traditional wound care product manufacturers.

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The report analyses the China first aid market in terms of sales revenue (US$ Mn) by product, cities and by retail sales channel and provides information regarding market dynamics, value chain, competitive landscape, current trends, market estimations and forecast.

On the basis of city, the China first-aid market has been segmented into Tier 1, Tier 2 and Tier 3 Cities. Among Tier 1 cities, Shanghai offers good market opportunities for first-aid products manufacturers. It is anticipated to generate 1.4X higher sales revenue by the end of the forecast period as compared to that in 2014. Disinfectant products are anticipated to account for over half of the sales revenue in Tier 1 cities, followed by gauzes and bandages respectively. Tier 2 cities are expected to generate 1.3X higher revenue than Tier 3 cities by the end of 2020.

Among retail sales channels, drugstores and pharmacies are key channels for sales of adhesive bandages. Hospitals are the key channel for sales of gauzes. Hospitals account for major share of retail sales in Tier 3 cities in China. Though drugstores, pharmacies and hospitals are key retail sales channels for adhesive bandages and gauzes, modern retail sales channel are the most preferred mode for sales of disinfectants. Hypermarkets and supermarkets account for over 60% share of retail sales of disinfectants.

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By product type, the China first aid market has been segmented into adhesive bandages, gauzes and disinfectants (antiseptics). While disinfectants are projected to be the largest market segment throughout the forecast period, its presence is limited to Tier 1 and Tier 2 cities in China. The disinfectant products segment is anticipated to register a CAGR of 7.5% between 2014 and 2020. Reckitt Benckiser and Walch are key players in this product segment. Organized players account for significant market share in the disinfectants products segment. Among products, gauzes (woven and non-woven) covers significant market in Tier 3 cities in China. Sales revenue of adhesive bandages is further segmented into butterfly stiches, transdermal bandages and special bandages. Transdermal bandages account for significant market share in the adhesive bandages segment.

Key players in the China first aid market include:

  • Johnson and Johnson
  • Winner Medical Group Co.
  • Reckitt Benckiser
    Yunnan Baiyao
  • 3M Company
  • Nepstar Drugstore
  • 7-Eleven
  • Beijing Hualian Group
  • A.S Watson Group.

Key Segment By Product Type

  • Bandages
  • Gauzes
  • Disinfectants

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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 6-years.

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Network File System Market Share, Demand Analysis, Growth, Trends and Forecast – 2032

The market for network file systems is projected to grow to a value of US$ 3.5 billion in 2022 and to US$ 13.5 billion by 2032. It is anticipated to expand with a CAGR of 14.2 percent from 2022 to 2032.

Report Attribute Details
Network File System Market Value (2022) US$ 3.5 Billion
Network File System Market Anticipated Forecast Value (2032) US$ 13.5 Billion
Network File System Market Projected Growth Rate (2022-2032) 14.2%

In today’s world, business processes in enterprises strive on data center infrastructure, which caters the IT needs of an organization by storing, processing and serving a large amount of data in a server. As business processes are expanding rapidly, there is a surge in demand for data centers resulting in the evolvement of multi-tenant data centers.

Multi-tenant data centers work on an architecture which caters multiple clients with a single instance of a software application, with clients having a shared affinity at some level. Generally, in a multi-tenancy data centers service, infrastructure management is done by the service provider and the end-user unit operates the provided service.

Depending on the business requisite and regulations a tenant compartment may sweep across physical boundaries, organizational boundaries or even between two different enterprises.

Multi-tenant data centers deploy infrastructure which perfectly figures out how to deliver more with few resources resulting in the reduction of the capital expenditures in data centers. Companies are adopting the multi-tenant infrastructure as it also caters the need of a quick response in business processes in this competitive environment and also overcomes the challenge of finding skilled IT staff in different geographical regions where the enterprise is located.

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Multi-tenant Data Centers Market: Drivers and Restraints

The ever growing internet traffic is the major driver for the growth of multitenant data centers market. Moreover, factors such as continuous up gradation in data centers resulting in obsolescence in existing data centers, increase in demand for IT services, and increased IT spending are driving the growth in multi-tenant data center market.

Also, low operational costs, quick response and deployment, and technical advancements in IT are also some important factors resulting in the growth of multi-tenant data centers market.

However, data security concerns and inflexibility of some multi-tenant data centers are some challenges faced by multi-tenant data centers market.

Multi-tenant Data Centers Market: Segmentation

Multi-tenant data centers market can be segmented on the basis of application, end-user vertical, and region wise. On the basis of application, it can be further segmented into public cloud and private cloud. By end user vertical, it can be sub-segmented into IT and Telecom, Healthcare, Defence, Manufacturing, Retail, Media and Entertainment, Food and Beverages, Energy and Utility, and Others.

Region wise, Multi-tenant data centers market can be segmented into North America, Latin America, Asia Pacific, Japan, Eastern Europe, Western Europe, and Middle East & Africa.

Multi-tenant Data Centers Market: Regional Overview

North America region is the largest market for multi-tenant data centers due to the presence of wide variety of end-user enterprises and competitive environment between them. In Europe, multi-tenant data centers market is also growing at a significant pace due to rise in business demands and IT needs.

Multi-tenant data centers market growth in Asia-Pacific region is the fastest due to large scale outsourcing of managed hosting services in this region. Latin America and Middle East multi-tenant data centers market is at an emerging stage.

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Multi-tenant Data Centers Market: Key Players

CenturyLink, Cisco, IBM Corporation, Digital Realty, Equinix, Inc., RACKSPACE, Global Switch, Level 3 Communications, and NTT Communications Corporation, are some of the key players in multi-tenant data centers market.

Other prominent players in this market include Ascenty, AT&T, CentriLogic, China Telecom, CtrlS Datacenters, Cyrus, Expedient Data Centers , Telefonica, Telehouse (KDDI), Datapipe, Digiplex, DuPont Fabros, , Fujitsu, HCL, Interoute Communications, Interxion, IO, NaviSite, PCCW Global, Singtel, Telstra International, Verizon Enterprise, and Zayo Group.

The report covers exhaustive analysis on

  • Multi-tenant Data Centers MarketSegments
  • Multi-tenant Data Centers MarketDynamics
  • Historical Actual Market Size, 2012 – 2016
  • Multi-tenant Data Centers MarketSize & Forecast 2017 to 2027
  • Supply & Demand Value Chain for Multi-tenant Data Centers Market
  • Multi-tenant Data Centers MarketCurrent Trends/Issues/Challenges
  • Competition & Companies involved in Multi-tenant Data Centers Market
  • Multi-tenant Data Centers Technology
  • Value Chain of Multi-tenant Data Centers
  • Multi-tenant Data Centers MarketDrivers and Restraints

Regional analysis for Multi-tenant Data Centers Market includes

  • North America Multi-tenant Data Centers Market
    • US
    • Canada
  • Latin America Multi-tenant Data Centers Market
    • Argentina
    • Mexico
    • Brazil
    • Rest of Latin America
  • Western Europe Multi-tenant Data Centers MarketGermany
    • France
    • U.K.
    • Spain
    • Italy
    • Nordic
    • Benelux
    • Rest of Western Europe
  • Eastern Europe Multi-tenant Data Centers Market
    • Poland
    • Russia
  • Asia Pacific Multi-tenant Data Centers Market
    • Australia and New Zealand (A&NZ)
    • China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan Multi-tenant Data Centers Market
  • Middle-East and Africa Multi-tenant Data Centers Market
    • GCC Countries
    • North Africa
    • South Africa
    • Rest of MEA

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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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Vaginitis Treatment Drugs Market is projected to progress at 5.2% CAGR to reach US$ 4.52 Bn by the end of 2030

Global vaginitis treatment market is set to reach USD 2.7 Bn in 2020, and witness a CAGR of around 5% during the forecast period (2020 – 2030). These insights are from a latest market research study by Future Market Insights (FMI), an ESOMAR-certified research and consulting firm.

Vaginal infection impacts 40% of women across the globe. Moreover, majority of those infected are asymptomatic. As such, it becomes utterly difficult to keep a track of vaginitis and the treatment to be administered.

The only way out in this regard turns out to be creating awareness about the factors that lead to vaginitis; so that even if major symptoms do not appear; women could at least seek medical advice regarding the same.

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Several government-funded and/or private organizations are emphasizing on educating the people regarding vaginitis and the due course of treatment. Oral medications are prevalent in the current scenario.

For instance – DARE-BV1, a new thermosetting hydrogel amass with clindamycin phosphate 2% did receive QIDP (Qualified Infectious Disease Product) designation by US FDA in Aug 2019. The product came from Dare Bioscience, Inc. Such developments are expected to encourage the other players to come up with new products; thereby bolstering the vaginitis treatment drugs market.

Key Takeaways of Vaginitis Treatment Drugs Market Study

  • Nitroimidazole compound is the largest segment by drug type representing 44% of revenue share in the Vaginitis Treatment Drugs Market in 2019.
  • By the schedule of drug, prescription (Rx) drugs contributes for 3/4th of market value share. Over-the-counter drugs (OTC) is expected to grow at a higher growth rate in the forecast period
  • North America and East Asia collectively contributed for more than half of the market share in the Vaginitis Treatment Drugs Market in 2019 with North America holding a noteworthy market share.

“Development of single-dose drugs, growing demand for over-the-counter medication, and increasing recurrence rate of vaginitis will boost the growth of the Vaginitis Treatment Drugs Market,” says the FMI Analyst.

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Partnerships and Collaborations Paving the Way for Vaginitis Treatment Drugs Market

Partnership strengthens the drug portfolio, broadens the consumer base, and gives an impetus to research and development. For instance – in March 2018, Bayer thrush treatment Canesten partnered with sketch comedy group SketchShe and media agency PHD for a campaign which intended to reduce the stigma and embarrassment associated with the condition.

This campaign did give the consumers a fair idea about the BQ (Behavioral Quotient) of both the companies; and also left a lasting impression in the consumers’ minds.

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 Vaginitis Treatment Drugs Market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the readerThe study provide compelling insights on Vaginitis Treatment Drugs Market on basis of drug type (nitroimidazole compound, lincosamide antibiotics, triazoles, imidazoles), indication (bacterial vaginitis, fungal vaginitis (yeast infection), trichomoniasis), route of administration (oral, cutaneous, vaginal), schedule of drug (prescription drugs (Rx), over-the-counter drugs (OTC)) distribution channels (hospital pharmacies, retail pharmacies, drug stores, mail order pharmacies) across seven major regions.

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Key SegmentDrug Type

  • Nitroimidazole Compound
  • Lincosamide Antibiotics
  • Triazoles
  • Imidazoles

Indication

  • Bacterial Vaginitis
  • Fungal Vaginitis (Yeast Infection)
  • Trichomoniasis

Route of Administration

  • Oral
  • Cutaneous
  • Vaginal

Route of Administration

  • Oral
  • Cutaneous
  • Vaginal

Schedule of Drug

  • Prescription Drugs (Rx)
  • Over-the-counter Drugs (OTC)

Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • Mail Order Pharmacies

Regions

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

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Smart Pill Boxes & Bottles Market to grow at a healthy CAGR of 9.9% From 2022 and 2028

[230 Pages Report] The global smart pill boxes and bottles market was valued at US$ 129.3 Mn in 2021 and is expected to reach US$ 144.2 Mn in 2022. Furthermore, with the increasing adoption of smart pill boxes and bottles to improve medication adherence in patients, the overall smart pill boxes and bottles market is expected to grow at a healthy CAGR of 9.9 percent between 2022 and 2028, totaling more than US$ 254.7 Mn by the end of 2028.

Smart Pill Boxes & Bottles Market Size (2021) US$ 129.3 Mn
Smart Pill Boxes & Bottles Market Size (2022) US$ 144.2 Mn
Smart Pill Boxes & Bottles Market Forecast (2028) US$ 254.7 Mn
Smart Pill Boxes & Bottles Market Growth Rate (2022-2028) 9.9% CAGR
Dominant Product Smart Pill Boxes (75.3%)

Sales of smart pill boxes and bottles are likely to reach around 800 thousand in 2019. According to a new analytical research study by Future Market Insights (FMI), smart pill boxes and bottles market will remain a high growth-low volume landscape over the course of next few years. Over 43% of total sales will be accounted by smart pill boxes. The report envisages a higher rate of adoption for smart pill bottles.

Almost 70% of adult patients are observed to discontinue or manipulate drug therapy, resulting in non-adherence to prescribed medication. The study opines that this directly adds to the economic burden on healthcare delivery system in form of emergency cases and

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Smart Pill Boxes & Bottles Market to grow at a healthy CAGR of 9.9% between 2022 and 2028

Smart pill boxes and bottles are increasingly being perceived as a potential solution to such challenges posed by increased healthcare delivery costs. Significance of medication adherence continues to rise with increasing prevalence of chronic conditions, propelling demand for smart pill boxes and bottles.

Dementia and geriatric care remain the key application areas of smart pill boxes and bottles, according to the report. More than 80% of sales is accounted by aging patients and dementia-afflicted population. Cancer management is likely to emerge lucrative in terms of applicability in coming years.

With surging demand for high-quality healthcare delivery, senior care centers, hospitals, long-term care centers, and homecare settings are accelerating adoption of medication dispensers, thereby elevating the revenue growth of smart pill boxes and bottles market. Some of the leading companies are actively involved in the development of advanced technology medication dispensing devices with zero error risks during medication.

Home care settings maintain the highest consumption share in smart pill boxes and bottles market that roughly equates 65% of total sales. Almost a fifth of smart pill boxes and bottles sold are installed at seniors care and assisted living centers. FMI’s analysis indicates that long-term care centers are also creating promising market opportunities for smart pill boxes and bottles manufacturers and distributors.

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North America continues to reign supreme owing to early adoption of advanced technology enabled smart pill boxes and bottles, accounting for more than a third of the global market revenue. European market for smart pill boxes and bottles also represents a substantial volume share, majorly driven by German patients. South and East Asian regions are briskly developing high-potential markets for manufacturers and distributors of smart pill boxes and bottles, says the report.

The vendor landscape of smart pill boxes and bottles market remains fairly consolidated and competitive, as Tier 1 manufacturers continue to account for a majority of share in the market in terms of volume. While dominance of Koninklijke Philips N.V., PharmRight Corporation & Livi, and AdhereTech prevails in smart pill boxes and bottles market, the report finds that the competition among these players is characterized by product innovation, new launches, and technological advancements.

Key Segment

By product type

  • Smart Pill Box
  • Smart Pill Bottles

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By indication

  • dementia
  • Parkinson’s disease
  • cancer management
  • diabetes care
  • geriatric care
  • disability
  • others

By end user

  • Seniors Care & Assisted Living
  • Long Term Care Centers
  • Home Care Settings

By regions

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

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Real-time Bioprocess Raman Analyzer Market is expected to reach a valuation of around US$ 50.8 Mn as of 2032

[202 Pages Report] The global demand for real-time bioprocess raman analyzer was valued at 17.8 Mn in 2021 and is expected to grow at a CAGR of 10.1% from 2022 to 2032. According to the study, market sales are expected to reach a valuation of around US$ 50.8 Mn by 2032. In 2021, the instrument segment accounted for more than 90% of the market value share.

Market Outlook:

Data Points Market Insights
Real-Time Bioprocess Raman Analyzer Market Value 2021 US$ 17.8 Mn
Market Value 2022 US$ 19.4 Mn
Market Value 2032 US$ 50.8 Mn
CAGR 2022-2032 10.1%
Market Share of Top 5 Countries, 2021 75.8%

The benefits of Raman spectroscopy as data processing in real-time has made significant contribution as a diagnostic and control tool for pharmaceutical production and bioprocessing, with scientific and financial benefits demonstrated throughout the product life cycle. This has led to the growth of real-time bioprocess Raman analyzers market. Future Market Insights (FMI) in a new study has forecast real-time bioprocess raman analyzers market to expected to exhibit a CAGR of 14.6% during the forecast period (2020-2030).

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Leading market players are focusing on mergers and acquisitions with biopharmaceutical industries and contract manufacturing organizations (CMO). This would help them expand their global footprint. Among end-use segments, contract manufacturing organizations are leading the market, which is then followed by biopharmaceutical companies. Contract manufacturing organizations are anticipated to grow at a CAGR of around 15.9% over the forecast period.

Increasing biopharmaceutical production and reduced cost benefits are expected to fuel Real-time bioprocess Raman Analyzers market growth in the coming decade. The digital transformation for data processing in real-time rising investments into R&D and initiative by regulatory bodies to improvise the development and approval process of biopharmaceutical products and fast track the process is has led to the real-time bioprocess Raman Analyzers market growth.

However, there are few challenges in the real-time bioprocess raman analyzers market like the availability of a skilled workforce which is acting as a restraint in the growth of the market. Lack of information about the product leading to lesser adoption of the Real-time bioprocess Raman Analyzers is acting as a restraint for the market growth.

Key Takeaways from Real-time bioprocess Raman Analyzers Market Study

  • The global Real-time bioprocess Raman Analyzers market is estimated to surpass US$ 8.7 Mn by 2021
  • The U,S, will emerge as dominant market in North America, accounting for over 95% of the overall sales
  • The U.K. will exhibit growth at a positive pace. According to FMI, it is expected to register nearly 20% Y-o-Y growth in 2021
  • Both Germany and France are expected to emerge as attractive markets for realtime bioprocess raman analyzer in Europe
  • Within East Asia, China will account for higher share of proceeds gained by the market

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“Increasing research and development activities are expected to boost the growth for Real-time bioprocess Raman Analyzers Market. On the other hand, there is a rising demand for quality healthcare and pharmaceuticals. This has been creating significant growth opportunities for key players” says the FMI Analyst  

Want more insights?

Future Market Insights (FMI) brings the comprehensive research report on forecast 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 Real-time bioprocess Raman Analyzers market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on the Real-time bioprocess Raman Analyzers market on basis of a component type (Raman Analysers, Raman Probes, and Software), applications (Lab to Process Analysis and Bioprocess Analysis), and end-users (Biopharmaceutical Companies, Contract Manufacturing Organizations, and Research Organizations) across four major regions.

Who is Winning?

The global market is set to broaden its scope in the forecast period, driven by the increasing adoption rate of real-time and automated solutions during bioprocessing, advancements in technology, and reduced cost in manufacturing of biopharmaceuticals. However, lack of a skilled workforce and inadequate information about the benefits has constrained the sales of Real-time bioprocess Raman Analyzers.

Some of the key players operating in the market are Kaiser Optical Systems (Endress+Hauser), Resolution Spectra Systems Inc. (Merck KGaA), Tornado Spectral Systems, and Sartorius AG. Leading companies are consolidating their positions through mergers, acquisitions, and collaborations.

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Real-time bioprocess Raman Analyzers Market by Category Component Type

  • Instruments
    • Raman Analyzers
    • Raman Probes
  • Software

Application

  • Lab to Process Analysis
  • Bioprocess Analysis

End User

  • Biopharmaceutical Companies
  • Contract Manufacturing Organizations
  • Research Organizations

Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of World

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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Electric Baby Nail Trimmer Market to Reach a Valuation of US$ 66 Mn by 2032 | Understanding the Impact of Covid-19

Future Market Insights (FMI) offers insights into both shortcomings and forthcomings of the Electric Baby Nail Trimmer market. It outlines the growth curve of the Global Electric Baby Nail Trimmer market.

The electric baby nail trimmer market is projected to register a CAGR of 7.5% during the forecast period, up from US$ 30 Mn in 2021 to reach a valuation of US$ 66 Mn by 2032.

The study provides information on hidden opportunities and share held by various segments within market. The report offers granular assessment of key growth drivers, promising avenues, and competitive landscape of the global Electric Baby Nail Trimmer market.

Parents’ concern for their children’s health and hygiene has resulted in a steady demand for electric baby nail trimmer. As a result, the sales of electric baby nail trimmer are seeing a substantial rise. The sales of electric baby nail trimmer are increasing due to their fingernails being safely trimmed without damaging the surrounding skin. nse.

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Understanding the Impact of Covid-19 on Global Electric Baby Nail Trimmer Market

The recent outbreak of the COVID-19 has adversely affected various markets in the consumer products industry. Penetration of Artificial Intelligence and Big Data Science in the industry is expected to have a positive impact on the market.

Following government’s measures, consumers are practicing social distancing. Consequently companies operating in the Electric Baby Nail Trimmer market had to adjust to a new normal of operating through digital means. Additionally, movement restrictions and supply chain disruptions have created impressive growth opportunities for the e-market players.

The FMI’s report provides an interesting chapter on preliminary impact of the COVID-19 on the Electric Baby Nail Trimmer market. This allows both leading and emerging key players to understand the market scenario and aid them to tackle the challenges during the crisis.

Electric Baby Nail Trimmer Market: Competition Analysis

The FMI’s study presents a detailed analysis of global, regional, and country-level players operating in the Electric Baby Nail Trimmer market.

Competitive information detailed in the Electric Baby Nail Trimmer market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of key market players. Furthermore, unique growth strategies and mergers & acquisitions (M&A) activities associated with the players are also discussed in the Electric Baby Nail Trimmer market report.

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Key players covered in the report include:

  • Deyace
  • Syga
  • Babynice
  • BabyTrim
  • Qvene
  • Jaybva
  • Little Martin’s Drawer
  • Buy Buy baby Inc.

Key Segments For Electric Baby Nail Trimmer Market

On The Basis Of Child Growth Stage:

  • Stage 1: 0-3 Months
  • Stage 2: 3-6 Months
  • Stage 3: 6-12 Months
  • Stage 4: 4-12+ Months

On The Basis Of Battery Type:

  • External Battery
  • In-Built  Battery

On The Basis Of Distribution Channel:

  • OEM
  • Distributors
  • Retailers
  • E-commerce

By Region:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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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

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Baby Pacifier Thermometer Market is Likely to go up from US$ 390 Mn in 2021 to Reach a Valuation of US$ 646 Mn by 2032

baby pacifier thermometer display a digital temperature read-out on the front and requires a time period of 3-5 minutes to measure a baby’s body temperature. Addition of features such as, memory features, fever alert glow, and comfortable orthodontic nipple in the baby pacific thermometer is increasing their sales in terms of volume and attracting customers across the globe.

Moreover, increasing use of the baby purifier thermometers in health care centers, hospitals and other places is witnessing a significant growth of the Baby Pacifier Thermometer market in terms of value.

The baby pacifier thermometer market is anticipated to record a CAGR of 4.3% during the forecast period. It is expected that the market value is likely to go up from US$ 390 Mn in 2021 to reach a valuation of US$ 646 Mn by 2032.

Report Attributes Details
Baby Pacifier Thermometer  Market Estimated Base Year Value (2021) US$ 390 Mn
Baby Pacifier Thermometer  Market Value in 2022 US$ 408 Mn
Baby Pacifier Thermometer  Market CAGR 2022-2032 4.3%
 Baby Pacifier Thermometer Anticipated Market Value (2032) US$ 646 Mn

Global Baby Pacifier Thermometer Market: Market Dynamics

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Drivers for Baby Pacifier Thermometer Market

Increasing internet penetration in the developing countries is one of the key factor responsible for increasing awareness towards Baby Pacifier Thermometer among end-users. Moreover, e-commerce companies are increasing sales of Baby Pacifier Thermometer through penetrating in the countries around the world. Increasing disposable income in Latin America and Asia Pacific region, and increasing urbanization are some of the factors positively influencing the growth of Baby Pacifier Thermometer market.

On other growth of health care industry and increasing number of hospitals and healthcare centers across the globes is supporting growth of the baby pacifier thermometer market which in turn is witnessing growth of the Baby Pacifier Thermometer market in terms of value.

Trends for Baby Pacifier Thermometer Market

Manufacturers are principally involved in manufacturing baby pacifier thermometer which are very safe for baby’s skin and also comfortable for babies to hold in mouth. Moreover, most of the manufacturers are principally engaged in selling Baby Pacifier Thermometer through third party e-commerce Company to increase availability of Baby Pacifier Thermometer globally.

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Global Baby Pacifier Thermometer Market: Key Players

Some of the key players operating in the global Baby Pacifier Thermometer market are Summer Infant, Dorel Juvenile Group, Beurer GmbH, Lanaform, Microlife, Terraillon, BRiGGS, Kuteks, Little Doctor, Rumble Tuff, B.Well, Vega, Valeo, Babyvelle and Hunkar among others. These players are expected to positively influence growth of the Baby Pacifier Thermometer market during the forecast period.

Baby Pacifier Thermometer Market: Regional Outlook    

Ease in availability of the baby pacifier thermometer and presence of large number of players in North America and Europe region is key factor responsible for a significant share of these regions in the global baby pacifier thermometer market. Rapid growth of electronics industry in Asia Pacific region is expected to fuel the growth of baby pacifier thermometer market during the forecast period.

The Baby Pacifier Thermometer Market report covers exhaustive analysis on:

  • Global Market Segments
  • Global Market Dynamics
  • Historical Actual Market Size, 2014–2018
  • Global Market Size & Forecast, 2019 to 2029
  • Supply & Demand Value Chain for the Market
  • Global Market Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Market Solutions Technology
  • Value Chain of the Market
  • Global Market Drivers and Restraints

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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

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Ski Gear & Equipment Market is Growing Due to People’s Awareness of the Use of Helmets and other Ski Equipment

The ski gear & equipment market is expected to reach US$ 2.26 Billion in 2032, growing at a CAGR of 3.2% CAGR during the forecast period 2022-2032.

Skiing is considered to be one of the most popular and fascinating adventure sport practiced in the North American and the European regions in large scale. Over the years, the global skiing sports industry has witnessed a rise in the number of participants and audience which is attributable to the experience one gets while playing sports. With the rise in popularity of the sports, skiing is now being considered in global sports event such as the Olympics.

There are types of skiing practiced i.e. cross-country skiing, Alpine skiing and ski touring. With the rise in the number of participants for the sports, there has been a significant rise in demand for various types of ski gear & equipment. Ski gear & equipment promotes safety and smooth rides to its users.

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Now that skiing is considered one of the commercial sports in the global industry, ski gear & equipment has been gaining traction in various parts of the world. Ski gear & equipment includes jackets, snowboards, goggles etc which are available in various styles that cater to varying needs and demands of its customers.

Global Ski Gear & Equipment Market: Reasons for covering this Title

Skiing sports is one kind of adventure sport played since decades having its origin from Norway in Europe. Now the sports has been commercialized since the sports are being considered as one of the Olympic Games. As skiing is being considered as one of the adventure sports for the tourist as well as a big-time commercial sport for the professionals.

As a result, over the last couple of decades, there has been large-scale demand for ski gear & equipment in the global market. Various types of ski gear & equipment such as goggles, times, safety equipment are being considered as the basic essential equipment for skiing.

Global Ski Gear & Equipment Market: Key Players

Some of the key players operating in the global Ski Gear & Equipment market are Burton Snowboard, The Boarding Company Limited, ELAN, D.O.O. & ARENDICOM GMBH, HEAD Sports GmbH, SKI ROSSIGNOL, Surfdome Shop Ltd among others.

Ski Gear & Equipment Market: Key Trends

Major Ski Gear & Equipment manufacturers have been strategizing on innovation in the view of coming up with a new range of Ski Gear & Equipment products catering to varying needs and requirements of its target customers.

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Opportunities for Ski Gear & Equipment Market Participants

There have been recent developments where artificial snow environment being installed in the commercial mall for better customer services and experiences. For instance, the Dubai Mall has installed artificial snowboard for its customers to have a gist on how various snow sports like skiing looks like. Likewise, there are many other prominent malls that have come up with such initiatives. This one critical factor will further provide a critical opportunity for ski gear and equipment to gain traction at a significant rate in the global market.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, types, application, end-use & sales channel.

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Global Ski Gear & Equipment: Market Segmentation

On the basis of types, the global Ski Gear & Equipment market has been segmented as –

  • Jacket
  • Timer
  • Goggles
  • Helmets
  • Snowboard
  • Snowboard boots
  • Ski Gloves
  • Snowboard sticks
  • Skiing apparels
  • Others

On the basis of application, the global Ski Gear & Equipment market has been segmented as –

  • Cross-county skiing
  • Alpine Skiing
  • Downhill skiing
  • Ski touring

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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.

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Future Market Insights,
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