Market Research Blog – Page 11602 – New Product Development

Wet Vacuum Cleaner Market is Growing Due to Introduction of DIY Applications and the Need to Maintain Cleanliness

The global wet vacuum cleaner market is registering a CAGR of around 5%. Demand for wet vacuum cleaner is rising due to their advantage over regular hoovers. The use of modern technology has eased the usability of the tool and thus is scaling up the sales of the wet vacuum cleaner, especially in the commercial areas.

Attributes	Details
Wet Vacuum Cleaner Market CAGR	5.0%
Wet Vacuum Cleaner Market Size (2032)	US$ 2.51 Bn
Wet Vacuum Cleaner Market Size (2020)	US$ 1.54 Bn

Evolving end-user demand and raising concern for hygiene in both residential and commercial sectors, along with the introduction of DIY applications and the need to maintain cleanliness especially in commercial sectors are some of the major factors driving the drenched hoover sales.

Sales of wet vacuum cleaner go through a repeating win-fail because of its use majorly for exquisite jobs in commercial spaces, which has remained a longstanding challenge for manufacturers. Nevertheless, with the advancement in technology, providing advanced functions, and availability in compact sizes, the wet vacuum cleaner sales are expected to rise.

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Further, the expansion in the number of business spaces combined with the rise in the number of distribution channels that include online platforms, hypermarket, specialty stores, and other are prone to contribute in the driving demand for wet vacuum cleaner sales.

E-commerce Segment Likely to Augment Wet Vacuum Cleaner Sales

One of the fastest periods for the development of sales for wet vacuum cleaner is enabled with the presence of various suppliers on e-commerce platforms. This opens gates for customers by providing easy accessibility, various offers & discounts on electronic gadgets, which boost the sale reception of wet vacuum cleaner.

In addition, such platforms allow the customer to compare various brands and models based on their functionality, service, and price range. Moreover, the availability of getting the product delivered at home along with an additional warranty is propelling the growth of the wet vacuum cleaner in the forecast period.

Further, to improve the movement of wet vacuum cleaner and be available in compact dimensions and low weight, the manufacturers are investing in R&D facilities. Manufacturers also focus on developing hoovers that use HEPA filters, which are easily available in the aftermarket. Additionally, the wet vacuum cleaner are fitted with the latest technology like Bluetooth and remote control access to ease the work and grow the volume of sales shortly.

How had COVID-19 Impacted the Wet Vacuum Cleaner Market?

The drenched hoover sales were severely impacted along with the many other industries due to the lockdown forced in every country. Close down of unimportant industries, lack in demand from customers, further delay in the production of goods due to lack of employees, and so on in order to control the spread of the deadly virus and thus, led to loss and decline of business.

However, with the unwinding of lockdown and with restricted regulation, the regional governments have allowed the opening and working of industries to regain from the economic crisis. In addition, with the establishment of different new companies in the referenced business, in order to acquire traction during the forecast period and also focus and supply with advanced products and better customer experience, is relied upon to help grow the volume of sales of wet vacuum cleaner.

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US and Canada Wet Vacuum Cleaner Market Outlook

US is one of the largest regions for wet vacuum cleaner globally. The US wet vacuum cleaner sales are set to spread on the historic pattern of bust and boom during the assessment period 2021-2031. Demand is likely to rise with the introduction of robotic hoovers backed up with advanced technologies and R&D activities.

The key players in the region are focusing on manufacturing compact and modern hoovers, which are AI-controlled. This led to the gain of attention of investors from all around the world, which provides huge support for the development. The manufacturers focus on providing robust machines, which can clean all areas and prove to be a reliable tool. In addition, with the introduction of cordless hoovers, the segment has changed drastically and boosted the sales of wet vacuum cleaner.

Europe Demand Outlook for Wet Vacuum Cleaner

Europe has one of the largest hubs for R&D facilities. Since, the unwinding of lockdown and owing to high flexibility and viable nature, which eases the corner cleaning of spaces, has created opportunities for the sales of wet vacuum cleaner to grow. In addition, considering the emphasis on health and hygiene, the use of hoovers is likely to increase.

Europe indoor spaces hoovers demand is likely to grow with the observing developments in the current products. Further, with the availability of newly innovated hoovers with many additional facilities and additionally available parts for the same, which are replaceable with time. Moreover, the use of modern technology that plays an important role in neglecting the concern regarding energy consumption is going to return a high volume of sales of wet vacuum cleaner.

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Wet Vacuum Cleaner Market Report Highlights:

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

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Warming Drawer Market is Rapidly Growing Due to Self-Contained Appliances and Advanced Features

The warming drawer market is likely to register a CAGR of 6.0% during the forecast period, owing to the increase in demand for modular kitchens and rise in fuel prices.

Warming drawer sales are rising as a result of a variety of factors, including the expanding middle class, rising labour expenses, rising disposable income levels in developing nations, busy lifestyles, and the availability of a variety of home appliances at affordable rates.

The fact that warmer drawers are standalone appliances is one of many reasons why they are in high demand in modern smart kitchens. These goods appeal to consumers because of their advanced features because the modern society is focused on work and a fast-paced lifestyle, which increases the market share for warming drawers.

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The demand for warming drawers is being driven by the rising cost of fuel for standard gas cooktops, the expansion of the modular kitchen trend, and the advantages to consumers in terms of comfort and safety. Sales of the warming drawer are, however, extremely restricted because only upper-class customers can afford the expensive device.

What are the Growing Trends in the Warming Drawers Market?

The global demand for modern technology products for smart kitchens, such as warming drawers, is high among the urban population, owing to factors such as increased purchasing power, improved infrastructure, and a rise in the working population.

More demand for higher revenues encourages the manufacturers to implement the strategies, which can contribute to the sales of warming drawers.

Moreover, a factor responsible for driven demand for the warming drawer is the rise in inclination towards modular kitchens. Consumers are drawn to such appliances because of features such as touch controls, timers, telescopic runners, push-to-open mechanisms, ideal serving temperature, and connection with a coffee machine and wire rack.

The warming drawers market is primarily driven by rising fuel expenses for conventional gas cooktops and the growing demand for modular kitchens as well as the comfort and safety benefits to consumers. It leads to better features and enhanced sales of warming drawers.

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What are Opportunities leading to the Growth in the Warming Drawer Market?

There is likely to be a rise in warming drawers market share due to inclination towards ease, modernity and comfort.

Demand for warming drawers has increased over time as a result of their ease of use and inventive advanced features, such as touch controls, timers, telescopic runners, push-to-open mechanisms, optimal serving temperature, and connection with coffee machines and wire racks.

Consumers are always drawn to convenience, as well as the product’s appearance and feel, which leads to higher sales of warming drawers.

Manufacturers, on the other hand, are offering choices such as utilizing underutilized kitchen space and making it as appealing as possible to complement the kitchen’s appearance and feel.

Another reason for expanded sales of warming drawers is that there are numerous ways to expand storage capacity, heat food, and warm vessels.

What is the Regional Outlook for the Warming Drawer Market?

Geographically, the Americas dominated the worldwide commercial warming drawer market in 2016 and are expected to continue to do so during the forecast period.

The increase in the number of pizzerias and bakeries in the region, as well as the growing demand for warming drawer with advanced features, will contribute to the warming drawer market share in the Americas forward.

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How Competition Intensifies the Warming Drawer Market?

Bosch, KitchenAid, Dacor, GE Appliances, AEG, AJ Madison, Miele, Sub-Zero & Wolf, Hestan, Smeg, and Viking Range are some of the major participants in the global Warming Drawers market.

Development of warming drawers for kitchen appliances to get the look and feel of a streamlined, high-functioning kitchen. The attractive feature adds to the sales of the warming drawer.

Miele has developed an innovative feature in the connection between the warming drawer and the coffee machine, with multiple operation modes for warming cups and plates, keeping food warm, and cooking at low temperatures, leading to the positive demand for warming drawer.

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Hair Extensions Market is Likely to Register a CAGR of 5.3% in 2032 Due to Changing Lifestyle in Developing Countries

The hair extension market is likely to register a CAGR of 5.3% during the forecast period, and is anticipated to reach a market share of US$ 4.99 Bn in 2032, from US$ 2.38 Bn in 2021, due to the changing lifestyle in developing countries and increasing product availability.

Owing to rising disposable income and urbanization in the region, Latin America is projected to see new growth prospects in the hair extensions market.

Many factors have caused the enormousdemand for hair extension due to its popularity in the retailing business, including rising human expenditure on grooming items, rising spending on lifestyle products, and rising disposable income in developing countries such as China, India, Brazil, and others.

On other hand, hair extensions find significant use in the entertainment and fashion industry. Additionally, the large-scale prevalence of receding hairline, alopecia, and others factors are estimated to fuel growth of the market in the coming years.

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Global Hair Extensions Market: Reasons for covering this Title

Hair extensions market is expected to witness a significant growth during the forecast period due to the changing lifestyle in developing countries, increasing product availability, and other factors.

Customers are more interested toward purchasing hair extensions instead of purchasing hair regrowth medicines and hair transplantation treatment because of side effects associated with them. This factor is positively influencing growth of the hair extensions market in terms of value.

On other hand, growth of entertainment and fashion industry is expected to boost the growth of the hair extensions market in terms of value.

Moreover, increasing product quality by the hair extensions supplier is boosting growth of the market in terms of volume. Change in customer purchasing patterns expected to positively influence the growth of the hair extensions market during the forecast period.

Moreover, extensive marketing campaign and celebrity endorsements are significantly boosting growth of the hair extensions market in terms of value and volume as well.

Moreover, increasing economy and growing disposable income in developing countries such as India, Brazil, Argentina, and others and others are expected to fuel growth of the hair extensions market during the forecast period in terms of value.

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Global Hair Extensions Market: Key Players

Some of the key players operating in the global Hair Extensions market BELLAMI Hair, Beauty industry group Qingdao Organic hair Ltd., Godrej, Great Lengths, Evergreen Products Group Limited, Great Lengths, Balmain Paris Hair Couture, Hair Dreams, Hairlocs, Klix Hair Extension, Hidden Crown,  Hair Addictionz, Femme Hair Extension, Easihair, Socap and Cinderella Hair among others.

Hair Extensions Market: Key Trends

Customers are using hair extensions instead of hair elongation medicines and tables because of high cost as well as side effects related with them.
Manufacturers are innovating products with different features so that these can be used by different customer base as per their needs.
The impact of promotional tools on consumer buying behavior is fueling growth of hair extensions market.

Hair Extensions Market: Key Developments

In 2019, Beauty Industry Group acquired Luxy Hair Co. and Hidden Crown to increase its business sales along with expand market presence across the globe.

Opportunities for Hair Extensions Market Participants

North America is expected to be one of the leading market in the hair extensions market due to presence of large numbers of vendors in the region. Latin America is expected to register new growth opportunities in the hair extensions market due to increasing disposable income and urbanization in the region.

Hair extensions market in Asia Pacific region is expected to witness a significant growth during the forecast period due to rapid growth of the e-commerce in the region. Hair extensions market in Europe is expected to be positively influenced by change in the customer behavior. Middle East and Africa is expected to witness a significant growth in the hair extensions market due to increasing customers spending on grooming products.

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Table of Content

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

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

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. PESTLE and Porter’s Analysis

3.6. Regulatory Landscape

3.6.1. By Key Regions

3.6.2. By Key Countries

TOC Continued…….

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Gaming Laptop Market has a Current Valuation of US$ 11859.39 Mn and is Likely to Grow to US$ 18417.27 Mn by 2032

The gaming laptop market is anticipated to record a CAGR of around 4.5% during the forecast period.

The market has a current valuation of US$ 11859.39 Mn and is likely to grow to US$ 18417.27 Mn by 2032. In the era of computer gaming, there is an increase in the demand for gaming laptop. Consumers are looking for devices that can operate at a high level when it comes to gaming.

Manufacturers are also creating and releasing cutting-edge gaming laptops with cutting-edge hardware to meet the growing demand for gaming laptops. They’re also working to reduce the weight of gaming laptops so that they’re more portable. Due to the powerful gaming hardware, which is capable of high processing speed and power, as well as the cooling systems required, gaming laptops are heavy.

On the other hand, the eSports industry is booming globally, where professional video gamers play competitively. With this growing esports participation, demand for gaming laptop, and expanding digital platforms, the sales of gaming laptop are likely to grow significantly in the coming years.

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Which are the Key Dynamics Contributing to the Growth of the Gaming Laptop Market?

Over the last few years, there have been significant developments taking place across gaming, mobile, and esports platforms. Currently, the global esports market is a million-dollar industry which is projected to be more than triple during the forecast period.

As, various companies, players, fans, and investors are entering into esports market. Rise in the number of esports participation and audience, which lead to significant potential for companies to advertise products. An increasing number of professional gamers in the developing countries are the factors influencing the growth of the gaming laptop market in the near future. Also, prominent players in the gaming laptop market are focused on increasing their market footprint by entering e-commerce platform to provide gaming laptop accessibility to consumers everywhere.

However, the limited battery life of gaming laptop as compared to ordinary laptops and a slowdown in the global economy due to trade tensions between US and China are some of the factors that may hamper the sales of gaming laptop.

Global Gaming Laptop Market: Key Developments

Additionally, the company is also targeting to grow its market share from 11% to 15% in the consumer laptops business segment in India market.
AsusTek Computer Inc. focuses on increasing its market share to 50% in the India gaming laptop market along with expanding its retail footprint to 200 stores by the end of 2019.

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What is the Regional Outlook for the Gaming Laptop Market?

The gaming laptop market is anticipated to register significant growth across all the regions during the forecast period. The gaming laptop market is classified into seven key areas: North America, Europe, Latin America, East Asia, South Asia, Oceania, and the Middle East & Africa.

Because of the increasing adoption of portable personal computers and gaming laptops among consumers to play video games, as well as the developing trend of collegiate competitive video gaming, North America is predicted to lead the global gaming laptop market, followed by Europe.

South Asia and East Asia gaming laptop market is expected to account healthy CAGR during the forecast period owing to increasing adoption of gaming laptop among consumers across metropolitan cities and small towns coupled with the growing number of professional e-sports gamers in developing countries such as India.

MEA is likely to have a lucrative opportunity in the global gaming laptop market in the coming years as companies are introducing budget-friendly gaming laptop with innovative features to target mid-ranged consumers in the region.

Who are the Key Players in the Gaming Laptop Market?

Some of the key players operating in the global gaming laptop market are AsusTek Computer Inc., Micro-Star International Co., Ltd, Razer Inc., Acer Inc., Lenovo Group Limited, The Hewlett-Packard Company, Dell Technologies Inc., Gigabyte Technology Co., Ltd., Samsung Electronics Co., Ltd., ORIGIN PC Corp., AORUS Pte. Ltd., Clevo Corporation, EVGA Corporation, and others.

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China Spinal Fusion Market Key Players : Trauson, Biomet, Inc., Medtronic, Inc, Nuvasive Inc, Stryker Corporation,

The China Spinal Fusion Market is expected to register a double digit growth holding the fact that there is an increasing number of surgeries due to advancement in the technologies and use of minimal invasive techniques that benefits reduced cost. The procedures are highly benefited with the investment in the new technologies and their clinical success which are gaining more and more importance in the recent days and causing the China spinal fusion market to grow.

There are several huge aspects impacting medical device technology field nowadays. A number of trends including consolidation, research and developments, and international strategies and alliances are driving the market for china spinal fusion market. The spinal fusion is one of the most common surgeries suggested for back problems. With the increasing spinal fusion surgery volumes in china due to the favorable reimbursement levels and patients’ willingness to undergo surgery with minimal invasive techniques is expected to foster the china spinal fusion market. Spinal fusion is surgical process are done to the patients suffering from a number of conditions such as deformity, scoliosis, disc disease and fracture.

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The emerging China spinal fusion market has been experiencing a phase of new product development and technological advancements due to greater demand. The manufacturing companies are raising their respective market share with aggressive marketing activities and increased R&D activities.

China Spinal Fusion Market : Drivers & Restraints

Some of the major factors subsidizing the growth of China spinal fusion market are increasing rate of aging population with spine related diseases & related injuries coupled with the rising incomes of the Chinese populace ensuring the patients’ capability to pay for the treatment. On the other hand the price sensitive population of china is very responsive to the treatment price that are anticipated to drip considerably in near future due to the increasing competition in the market.

Due to existing and upcoming advance technologies such as minimal invasive surgery and better implant materials are making it more widely accepted including the younger adult populace and thereby increasing the China spinal fusion market.

The economic growth and additional initiatives taken by the Chinese government had resulted in treatment of a large number of previously untreated spinal disease patients in China’s rural populace who are now undergoing minimally invasive spine surgery due to increased access.

Despite of being widely used procedure for curing extremely debilitating disease related to spine, and spinal deformities, such as scoliosis and kyphosis, the China spinal fusion market is facing some challenges such as reimbursement cuts and heavy government regulations, high surgery cost, risk factors involved in the surgery etc.

Due to high competition in the market, prices for bone graft substitutes and spinal implants are expected to come down in the Asia Pacific market, even when demand and expenditure on them has become greater than before, thus restraining the China spinal fusion market from growing. Some of the other growth restraining factors of the China spinal infusion market can be growing awareness for some other treatment methods such as IDET, artificial disc, posterior dynamic stabilization, disc regeneration.

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China Spinal Fusion Market: Key Players

Trauson,
Depuy Synthes Companies,
Biomet, Inc.,
Medtronic, Inc,
Nuvasive Inc,
Stryker Corporation,
Zimmer Holding, Inc.,
Orthofix International N.V,
B. Braun Aesculap
Weigao Orthopaedic Device Co., Ltd.

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

The report covers exhaustive analysis on:

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

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

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China Spinal Fusion Market: Segmentation

By spine fusion device types is segmented as follows:

Spinal Plating Systems
Pedicle Screw Systems
Interbody Cages

By procedure, the china spinal fusion market is segmented as follows:

Posterior Lumbar Interbody Fusion (PLIF)
Anterior Lumbar Interbody Fusion (ALIF)
Anterior/Posterior Spinal Fusion
Transforaminal Lumbar Interbody Fusion (TLIF)
Extreme Lateral Interbody Fusion (XLIF)

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Interventional Radiology Market is Expected to Grow at a CAGR of 5.4% From 2022 – 2032

[304 Pages Report] According to the exclusive report of Future Market Insights (FMI), the global interventional radiology market is expected to grow at a CAGR of 5.4% during the forecast period by going up from US$ 24.9 Bn in 2021 to US$ 44.5 Bn market in 2032.

With the increasing cases of several chronic diseases worldwide there has been a growing demand for advanced treatment procedures by the help of Scanners and X-ray vision technologies. These type of interventional radiology glasses and devices not only help in effective treatment of diseases by provide a better scope of early diagnosis rendering it a growing market in recent years.

Introduction of interventional radiology in every level of healthcare facilities has provided the requisite impetus for the rapid growth of interventional radiology that can be witnessed in developing countries as well.

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As the non-emergency medical services were abruptly halted during the outbreak of Covid-19 Mandeville in 2020 it had some negative impacts on the growing demand for interventional radiology devices installations.

However, the later discovery of seriousness associated with co-morbid diseases the global interventional radiology market surged with rising introduction of interventional radiology in new healthcare and medical facilities. In the post-pandemic years the application of radiology equipment has grown favouring the interventional radiology service providers.

Several devices equipped with modern technologies such as X-ray systems, MRI Scanners, CT Scanners and other type of medical imaging equipment have dominated the health care sector in recent days.

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Key Takeaways

By 20221, Cardiology Segment was valued at US$ 7.7 Bn in terms of revenue contributed the global interventional radiology market.
The Gastroenterology segment is poised to record a higher growth projection during the forecast years reaching a value of more than US $ 2 Bn by 2028.
Among several procedures angioplasty segment will expected to grow at a CAGR of 5.8% during the forecast period.
US market dominates the interventional radiology for medical students having a net worth of more than US$ 8 Bn.
In Europe, Germany is the prominent region for the interventional radiology market players valued at US$ 1.5 Bn in terms of revenue generated.

Competitive Landscape

Carestream Health Inc., Hologic Inc., GE Healthcare, Fujifilm Corporation, Samsung Healthcare (Samsung Electronics Co., Ltd.), Shimadzu Corporation, Siemens Healthineers, Canon Medical Systems Corporation, and Olympus Corporation are some of the prominent players of the global interventional radiology market covered by the market analysis report.

A large number of local players have occupied the market by supplying equipments related to interventional radiology for medical student’s requirements.

In the field of ultrasound, digital radiography and computed tomography Samsung Healthcare, a subsidiary of Samsung Electronics Co., Ltd, launched a premium product for diagnostic imaging solutions in December 2020. This initiative for ultrasound guided interventional procedures carried out at Radiology Society of North America (RSNA) 2020 assisted the company in expanding their product portfolio in North America and beyond.

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Canon Medical launched an upgraded product under the Aquilion ONE/PRISM Edition by the name of One-Beat Spectral Cardiac CT in November 2020. THE Aquillion Edition assisted with deep learning spectral capabilities is a major development in the field of cardiac exam and after interventional radiology glasses.

GE Healthcare division of General Electrical Company launched an advanced ultrasound system by the name of LOGIQ E10 in March 2018. This system has been equipped with comprehensive tools that can provide treatment for a wife range of diseases and remote control applications to improve efficiency.

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Medical Carts Market is projected to reach a valuation of US$ 943.5 Million by 2022

[170 Pages Report] The global Medical Carts Market is slated to enjoy a valuation of US$ 3.4 Bn in 2022, and is predicted to surge at a CAGR of 7.8% to reach US$ 5.3 Bn by the end of 2028.

Growing need for quick access to mobile electronic health records at the point of care has led to surge in demand for medical carts globally. In addition, increasing demand for improving operational efficiency in the healthcare industry is projected to impact the global market growth of medical carts positively. Future Market Insights states that the global market of medical carts is projected to reflect a CAGR of 11.0% over the forecast period, 2022-2028.

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Factors Fuelling the Global Market Growth

Growth of the global medical carts market is mainly bound to various macro-economic and micro-economic factors. As the need for accessing medical records at the point of care continues to increase, mobile healthcare technology is projected to witness significant adoption. Growing concerns regarding healthcare expenditure has further led the manufacturers to develop mobile technology carts for the outpatient facilities, large academic medical centers, and acute care centers.

Adoption of medical carts equipped with technological features allows the end users to retrieve and store information to enhance patient safety. In addition, medical carts allows the end users to spend less time worrying about the technology and offer better services to the patients in the hospitals.

In order to offer ease of movement to the end users, the healthcare manufacturers are increasingly focusing on designing medical carts. Bad design elements include sharp edges in medical carts along with wheel design that impedes navigation and results in ineffective performance. In addition, inability to adjust the height of cart and lack of battery power indicator can also pose significant challenges for the end users while conducting an operation. Increasing demand for medical carts designed with ergonomics will further contribute towards the global market growth of medical carts over the forecast period.

Adoption medical carts allows the caretakers to accommodate computers that can conveniently be accessed to perform multiple operations in the healthcare setup. As medical carts are incorporated with battery systems medically approved by FDA along with wireless technology, healthcare professionals and caretakers can conveniently access, store and retrieve the patient information in the clinics and hospitals. In addition, adoption of medical carts in various healthcare institutes has lowered the healthcare expenditure and also saves space. These factors are expected to impact the global market growth of medical carts positively throughout the forecast period.

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Market Players

InterMetro Industries Corporation
Omnicell Inc.
Capsa Solutions Llc
Armstrong Medical Industries Inc.
Midmark Corporation
Medline Industries Inc.
ITD GmbH
The Bergmann Group
Ergotron Inc.
Jaco Inc.
AFC Industries Inc.

Sales to Remain High for Computer Medical Carts

Growing need to access the health records of patients at the point of care has led to surge in demand for computer medical carts in the healthcare industry. In terms of revenue, the computer medical carts product type segment is projected to represent the highest growth, recording more than US$ 1,800 Mn by 2028-end. On the other hand, the other product type segment is projected to reflect the fastest growth in the global market over the forecast period.

By 2022-end, the hospitals end users segment is projected to generate significant revenues, accounting for more than US$ 800 Mn. In contrary, the diagnostic centres end users segment is projected to reflect the highest CAGR throughout 2028.

Based on energy source, the non-powered segment is projected to witness a robust revenue growth, recording for more than US$ 3,100 Mn by 2028-end. On the other hand, the powered energy source segment is projected to reflect a significant CAGR over the forecast period.

During the forecast period, the plastic material type segment is projected to reflect the fastest growth in the global market of medical carts. However, the metal material type segment is projected to represent a robust revenue growth, accounting for around US$ 1,300 Mn by 2022-end.

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Key Segments of Medical Carts Industry Survey

By Medical Carts Market by Product Type:

Emergency Carts
Procedure Carts
Anaesthesia Carts
Computer Medical Carts
Other Product Types

By Medical Carts Market by End User:

Hospitals
Clinics
Ambulatory Surgical Centers
Diagnostic Centres
Other End Users

By Medical Carts Market by Material Type:

Metal Medical Carts
Plastic Medical Carts
Wooden Medical Carts

By Medical Carts Market by Energy Source:

Powered Medical Carts
Non-Powered Medical Carts

By Medical Carts Market by Region:

North America Medical Carts Market
Latin America Medical Carts Market
Europe Medical Carts Market
East Asia Medical Carts Market
South Asia & Pacific Medical Carts Market
Middle East & Africa (MEA) Medical Carts Market

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Coagulation Analysers Market is projected to reach a valuation of US$ 831 Million in the year 2027

[211 Pages Report ]A new report published by Future Market Insights titled ‘Coagulation Analysers Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027)’ studies the performance of the global coagulation analysers market over a 10 year assessment period from 2017 to 2027. The report presents the value forecast of the global coagulation analysers market and provides useful insights into the factors driving market growth as well as the factors restricting market growth. The estimates point to a revenue growth from US$ 756 Mn in the year 2017 to US$ 1,514 Mn by 2027 end, resulting in a CAGR of 7.2% during the period of assessment.

Growing Prevalence of Cardiovascular Diseases and an Increase in the Number of Cancer Patients Fuelling Revenue Growth of the Coagulation Analysers Market

Cardiovascular diseases are one of the leading causes of deaths in the world and are considered as a global disease burden. As per the data provided by WHO, 17.5 million people across the world die from cardiovascular diseases every year, which accounts for 31 percent of all the deaths globally. In light of this, coagulation tests such as PT/INR are commonly used blood tests to identify the risk of cardiovascular diseases. An increasing prevalence of cardiovascular diseases is expected to boost the global market for coagulation analysers during the forecast period.

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Research has indicated that malignancy affects the haemostatic system and vice versa. An imbalance of the haemostatic system in cancer patients raises their chances of developing thrombosis, haemorrhage or both. In addition, the haemostatic factor plays an important role in tumour progression and haemostatic components and cancer biology are interconnected in various ways. As per the American Cancer Society, in the year 2016, nearly 1,685,210 new cancer cases were registered in the U.S. This increase in the number of cancer patients is expected to drive the global coagulation testing market during the assessment period.

Global Coagulation Analysers Market: Segmentation and Forecast

The report segments the global coagulation analysers market on the basis of product type and end user. On the basis of product type, coagulation analysers are categorised as standalone analysers, table top analysers and portable analysers. On the basis of end use, the coagulation analysers market is segmented into hospitals, clinical laboratories and others.

The table top analysers segment by product type is estimated to be valued at US$ 208 Mn in the year 2017, and is projected to reach a valuation of US$ 432 Mn by the end of the year 2027, exhibiting a CAGR of 7.6% during the period of assessment.
By end use, the hospitals segment is estimated to be valued at US$ 244 Mn in the year 2017, and is projected to reach a valuation of US$ 450 Mn by the end of the year 2027, registering a CAGR of 6.3% during the period of assessment.

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Global Coagulation Analysers Market: Regional Forecast

Future Market Insights tracks the performance of the global coagulation analysers market across the key geographies of North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa. As per the forecast of Future Market Insights, the North America coagulation analysers market is estimated to be valued at US$ 286 Mn in the year 2017 and is projected to reach a value of US$ 546 Mn by the year 2027, exhibiting a CAGR of 6.7% during the period of assessment. The Western Europe coagulation analysers market is estimated to be valued at US$ 147 Mn in the year 2017 and is projected to reach a value of US$ 314 Mn by the year 2027, exhibiting a CAGR of 7.8% during the period of assessment.

Global Coagulation Analysers Market: Vendor Insights

This report includes some of the important players operating in the global coagulation analysers market such as Instrumentation Laboratory, F. Hoffmann-La Roche Ltd, Helena Laboratories Corporation, Thermo Fisher Scientific Inc., Rayto Life and Analytical Sciences Co., Ltd., Nihon Kohden Corporation Siemens AG, Beckman Coulter Inc. (Danaher Corporation), Sysmex Corporation, Abbott Laboratories and Siemens AG. Manufacturers are concentrating on developing advanced analysers at a lower price, with an objective to witness an increase in their market share.

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Market Taxonomy Product Type

Standalone Analysers
Table Top Analysers
Portable Analysers

End User

Hospitals
Clinical Laboratories
Others

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Smart Insulin Pens Market Growth Share, Industry Dynamics, Top Trends and Regional Analysis Forecast to 2031

ESOMAR-certified consulting firm Future Market Insights (FMI) projects the global smart insulin pens market is likely to surpass the billion dollar mark by 2021, expanding at a positive CAGR, as per a newly published research report. A stupendous double digit growth rate has been predicted for the market in the long-run. Growing preference for non-invasive treatment and the ever widening diabetes burden are likely to steer the market in a forward direction.

According to FMI’s report, the market posted significant gains in the past, with Bluetooth smart insulin pens generating over 30% of the revenue share in 2017. Also, according to the International Diabetes Federation, presently, just under half a billion people are living with diabetes worldwide, and their number is projected to increase by 25% in 2030, and 51% by 2045 respectively.

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Manufacturers, therefore, are leveraging these trends to introduce novel and innovative product lines, enabling them to secure a firm footing in the market. In November 2020, for instance, Medtronic launched its InPen^TMsmart insulin device equipped with real-time Guardian^TMConnect CGM Data- the first smart insulin pen for diabetics on multiple daily injections. Recently, in April 2021, BioCorp and Roche Diabetes Care launched the Mallya smart insulin pen device in France.

Key Takeaways from FMI’s Smart Insulin Pens Market Report

By connectivity, Bluetooth connected smart insulin pens to account for over half of the revenue share by 2031
By indication, type 2 diabetes treatment to account for the bulk of smart insulin pens deployment
Retail pharmacies were the primary distribution channels for smart insulin pens, e-commerce sales spiking rapidly
US to experience credible growth amid increasing approval rates for new diabetes management devices
Growing preference for needle-free insulin injections to widen adoption across the UK
Germany & France to experience increased collaborations between key manufacturers in the long-run
Large concentration of regional level manufacturers to pivot growth across India and China

Smart Insulin Pens Market – Key questions answered in the report

What trends are in store for the smart insulin pens market growth?
According to FMI, the global smart insulin pens market is likely to register a multi-billion dollar valuation in the short and long-run forecasts, attributed to a general increase in the global diabetic population pool and the consequent increase in hospital workload. Demand for Bluetooth connected smart insulin pens is expected to remain especially high
Which is the most promising smart insulin pens market?
As per FMI’s analysis, demand for smart insulin pens are expected to remain high across the US market, attributed to unceasing efforts by the government to eradicate the diabetes epidemic by virtue of extensive advertising campaigns. Additionally, India and China are expected to emerge as the dominant markets in the Asia-Pacific region, characterized by the presence of numerous regional level manufacturers

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Which prominent players operate in the global smart insulin pens market?

Digital Medics Pty Ltd.,
Emperra GmbH e-Health Technologies,
Companion Medical Inc.,
Sanofi Aventis LLC,
Novo Nordisk A/S,
Eli Lily and Company,
Companion Medical,
Diabnext,
Jiangsu Delfu Medical Device Co. Ltd.,
DIAMESCO Co Ltd.,
Patients Pending Ltd (Bigfoot Biomedical Inc.),
BERLIN-CHEMIE

are some major smart insulin pens manufacturers profiled in FMI’s report

Competitive Landscape

Major insulin pens manufacturers are effectively leveraging major expansion strategies, ranging from new product launches and R&D to collaborating with existing manufacturers or outright/partial acquisition of key market players. A major emphasis is being laid on incorporating virtual technological advancements to enhance diabetes management.

In February 2021, Novo Nordisk and the University of Toronto announced a CAD 40 million investment deal to establish the Novo Nordisk Network for Healthy Populations. This network will focus on new approaches to address diabetes and aid in chronic disease prevention. This will likely help broaden smart insulin pens development.

Companies are also focusing on providing advanced software platforms, such as Digital Medics’ DiabetesPlus DataSync Software. This platform enables users to download insulin and glucose data directly from the device. Key features include downloading insulin data from the insulin pen, glucose levels from the glucose meter and synchronization of data on the Cloud for use with mobile devices.

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According to FMI’s report, the following insulin pens manufacturers currently operate in the global market:

Digital Medics Pty Ltd.
Emperra GmbH e-Health Technologies
Companion Medical Inc.
Sanofi Aventis LLC
Novo Nordisk A/S
Eli Lily and Company
Diabnext
Jiangsu Delfu Medical Device Co. Ltd.
DIAMESCO Co Ltd.
Patients Pending Ltd (Bigfoot Biomedical Inc.)
BERLIN-CHEMIE

Smart Insulin Pens Market – Key Segments Covered

Indication

Diabetes Type I
Diabetes Type II

Connectivity

Bluetooth Connected
USB Connected

Distribution Channel

Clinics & Ambulatory Surgical Centers
E-Commerce
Retail Pharmacies

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Transcatheter Heart Valve Replacement (TAVI) Market is predicted to advance at an impressive CAGR of 12% from 2022 to 2032

[250 Pages Report] As per comprehensive research conducted by ESOMAR-certified consulting firm FMI, the global Transcatheter Heart Valve Replacement (TAVI) market is projected to witness robust growth during the forecast year 2021-2031. The report emphasizes on providing key insights into diverse features including demand, product developments, revenue generation, and sales in the Transcatheter Heart Valve Replacement (TAVI) market.

The study offers a detailed analysis of dynamics including driver, restraints, opportunities, and challenges, and also highlights their consequent impact on the market.

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Advent of Telehealth and Virtual Care to Create Tailwind for the Transcatheter Heart Valve Replacement (TAVI) Market Growth

Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.

During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.

Since the outbreak, telehealth have gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Transcatheter Heart Valve Replacement (TAVI) market.

Key Transcatheter Heart Valve Replacement (TAVI) Market Takeaways and Projections

The U.S. is estimated to continue dominating the North America market, projecting fastest growth in the region through 2031.
Germany Transcatheter Heart Valve Replacement (TAVI) market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2021 and 2031.
China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.

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Report Benefits & Key Questions Answered

Transcatheter Heart Valve Replacement (TAVI) Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Transcatheter Heart Valve Replacement (TAVI) market. It also studies the impact of these dynamics on the market for the previous assessment period 2016-2020 to forecast the scope of market growth over the coming forecast period 2021-2031.
Transcatheter Heart Valve Replacement (TAVI) Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Transcatheter Heart Valve Replacement (TAVI) market. As per the survey, Transcatheter Heart Valve Replacement (TAVI) sales will project steady growth over the forecast period.
Transcatheter Heart Valve Replacement (TAVI) Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Transcatheter Heart Valve Replacement (TAVI) market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
Transcatheter Heart Valve Replacement (TAVI) Category & Segment Level Analysis: FMI’s category & segment level analysis provides insights into key factors affecting the market growth across various segments in terms of (segment 1), (segment 2), and (segment 3). It also uncovers critical opportunities across each segment to assist key players to capitalize on the,
Transcatheter Heart Valve Replacement (TAVI) Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.

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Competitive Landscape Analysis

The latest study conducted by FMI provides in-depth insights into the global Transcatheter Heart Valve Replacement (TAVI) market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Transcatheter Heart Valve Replacement (TAVI) market.

Scope Of Report

Report Attribute	Details
Growth rate	CAGR of 12% from 2022 to 2032
Base year for estimation	2021
Historical data	2015 – 2020
Forecast period	2022 – 2032
Quantitative units	Revenue in USD Million, volume in kilotons, and CAGR from 2022 to 2032
Report coverage	Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis,
Segments covered	Product, Surgical Approach, Application, Region
Regional scope	North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand
Country scope	U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa
Key companies profiled	Abbott, HighLife Medical, 4C Medical Technologies, JC Medical, LivaNova, Boston Scientific, Edwards Lifesciences, Medtronic plc, and Neovasc
Customization scope	Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

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