Stadium Security Market : Key Players, Applications, Outlook, SWOT Analysis & Forecast 2022-2032

The Stadium Security Market incomes were assessed at US$ 9.5 Bn in 2021 and is expected to develop at a CAGR of 7.2% from 2022-2032, as per an as of late distributed Future Market Insights report. Toward the finish of 2032, the market is supposed to arrive at a valuation of US$ 21.3 Bn. Income through stadium security programming equipment is supposed to develop at a CAGR of 6.7% during 2022 – 2032.

Fear monger assaults at an event or occasion at a stadium have been the key component driving the development of the stadium security industry before long. The wellbeing and security of the scenes are basic for enormous occasions, like shows, games, and other open parties that happen in the fields. Dealing with a huge gathering is definitely not a simple undertaking, since bunch disturbances, bad conduct by certain spectators, and infractions are time and again.

Likewise, there is areas of strength for an of assailant assaults at ideal spots. Previously, the assaults including the 2017 Manchester assault and the 2015 Paris assault, represented a serious danger to human existence.

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Various noticeable players are executing stadium reconnaissance frameworks at a few huge stadiums to get a benefit against intense contenders. Vodafone, for instance, is supposed to make a savvy stadium wellbeing and security framework for the FIFA World Cup 2022 in Qatar.

Key Takeaways from the Market Study

  • Global Stadium Security Market is expected to reach a market size of US$ 13.9 Bn by 2022.
  • In terms of Component, the Hardware segment is expected to account for the highest CAGR of 6.7% during the forecast period.
  • In terms of Sales Channel, the Channel Partner segment is expected to account for the highest CAGR of 8.3% during the forecast period.
  • United States is expected to remain the most dominant market with an absolute dollar growth opportunity of US$ 3.5 Bn during 2022 – 2032.
  • The market in U.S is set to experience the highest CAGR of 6.6% during the 2022-2032 forecast period.

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Competitive Landscape

The Stadium Security Market is highly concentrated, with a few competitors accounting for the vast majority of the market share. The established firms are attempting to obtain supremacy in this sector. These firms are increasing their profits and market shares through smart joint projects. The key stadium security companies include Cisco Systems Inc., Intel Corporation, BOSCH Security Systems Inc., Avigilon Corporation, Honeywell International Inc., Axxonsoft, Genetec Inc., Rapiscan Systems, NEC Corporation, and Dallmeier.

Some of the recent developments in Stadium Security market include:

  • In May 2021, Cisco acquired Kenna Security, a risk-based vulnerability management platform provider. It will enable Cisco offer its customers to collaborate cross-functionally to quickly discover, prioritize, and remediate cyber hazards.

Being a part of the SecureX system, Cisco Security will combine risk-based and threat vulnerability management, broadening the experience of the platform and offering full scorecards for security measures and threat response capabilities.

  • In September 2021, Dallmeier, a provider of video security equipment in Germany announced that their Panomera multifocal sensor cameras have been seamlessly integrated into the Breakthrough XProtect video management software (VMS). The connection adds new possibilities for seeing and monitoring broad areas and massive geographical contexts to XProtect users.

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Stadium Security Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in the Stadium Security Market in terms of Components (Hardware, Software, Services), Sales Channel (Channel Partners, Direct Sales, Others), and across five regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa).

About the Information and Communication Technology Division at Future Market Insights

Future Market Insights’ highly experienced Information and Communication Technology team aids companies from all over the world with their specific business intelligence needs through professional research, actionable insights, and strategic recommendations. With a library of over a thousand research and 1 million+ data points, the team has spent over a decade analyzing the healthcare business across 50+ countries. From start to end, the company provides unrivaled research and consulting services. Please get in touch with us to see how we can help.

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Market Segments Covered in Stadium Security Market Analysis

By Component:

  • Hardware
  • Access Control Systems
  • Video Surveillance Systems
  • Others
  • Software
  • On-Premise Based
  • Cloud Based
  • Services
  • Installation and Maintenance
  • Others

By Sales Channel:

  • Channel Partners
  • Direct Sales
  • Others

By Region:

  • North America Stadium Security Market
  • Europe Stadium Security Market
  • Asia Pacific Stadium Security Market
  • Middle East and Africa Stadium Security Market
  • Latin America Stadium Security Market

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Software Defined Networking Market Analysis, Driver, Trends, Business Overview, Key Value, Demand & Forecast 2022-2032

Software-Defined Networking Market examination report by Future Market Insights shows that worldwide deals of Software-Defined Networking Market in 2021 was held at US$ 16 Bn. With the projected market development of 17.2% during 2022 – 2032, the market is projected to arrive at a valuation of US$ 95 Bn by 2032. SDN through Overlay is supposed to be the most elevated income producing fragment, projected to develop at a CAGR of around 17.8% during 2022 – 2032.

In this ever changing technological world, there is sharp inclusion of objects that are getting connected on day-to-day basis via public or private network. Traditional networking architecture are slow to response to demand generated by connected objects in a particular network.

That’s where software defined networking (SDN) comes into the picture. Software Defined Networking separates control layer of a particular network from infrastructure and application layer, so that a network operator can easily manage the data flow through a centralized console, without touching switches and routers.

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SDN allows network engineer and operators to response instantaneously to changing business demand. A traditional network generally uses special appliance such as firewall and load balancer, instead SDN usages a software application that usages the controller to manage data plane.

In SDN, software control entire network and its physical devices. It’s about a software is integrated into networking hardware so that hardware can itself take decision about where to send data packets. It makes SDN next generation networking solution. Software Defined Networking usages northbound API to integrate control layer and application layer and uses southbound APIs to programmatically control data plane forwarding decision.

Global Software Defined Networking Market: Drivers and Challenges

Technological advancements in cloud computing and data center are contributing immensely in the growth of global Software Defined Networking market. Some of the big players of the market such as VMware and Cisco are offering separate Software Defined Networking solution for data center.

Software Defined Networking deployment in data center is reducing downtime and increasing productivity of business organizations. In addition to this, increasing data consumption via mobile devices and growth in OTT services are putting enormous pressure on telecom service providers to digitalize their existing 3G and 4G networks.

To meet increasing demand of data consumption, telecommunication service providers are transforming their networks with the help of Software Defined Networkingtechnology.

Though Software Defined Networkingfacilitates network operators to control switches and routers through software but it doesn’t virtualize functions and commands. In other worlds, Software Defined Networkingdoesn’t allow to run the central network in software hardware.

Moreover, enterprises are still reluctant to adopt Software Defined Networkingtechnology to some extent. They have fear that services running on their existing network will get hampered.

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Global Software Defined Networking (SDN) Market: Segmentation

Software defined networking (SDN) Market can be segmented on the basis of component, application, end-user, and region. Component category include software and different types of services such as professional services and managed services. On the basis of application, the market can be segmented into SDN for data center and SD-WAN.

Different type of end-user that are deploying SDN are cloud service providers, telecommunication service providers, and enterprises. Region wise, global software defined networking (SDN) Market can be segmented into North America, Latin America, Asia Pacific, Japan, Eastern Europe, Western Europe, and Middle East & Africa.

Cisco System Inc. Hewlett Packard Enterprise, IBM Corporation, Juniper Networks, Pica8, Inc., Intel Corporation, and Big Switch Networks, Inc. are some of the big players of global software defined networking (SDN) market.

Regional Overview

North America is the largest Software Defined Networking market as most of the Software Defined Networking providers such as Cisco, IBM, and Hewlett Packard Enterprise are based in the North America region and are making huge investment over there. Also, due to the ongoing advancements in 4G and 5G technologies the US, telecommunication service providers are deploying SDN at every layer of their network.

In Europe region, technology service providers have already understood the value proportion of SDN and have already started deploying Software Defined Networking in their networks but enterprise market still remain gloomy in terms of adoption of Software Defined Networking.

In Asia Pacific region, growth in countries such as China, India, and Japan are immensely contributing in the market. In India, the telecommunication services industry is going through the transformation and service providers have started to deploy Software Defined Networking technology at massive scale.

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Software-Defined Networking Market Segmentation

By SDN Type:

  • Open SDN
  • SDN via API
  • SDN via Overlay

By End-User:

  • Service Providers
  • Enterprises

By Organization Size:

  • Small & Medium Enterprises
  • Large Enterprises

By Application:

  • BFSI
  • ITeS
  • Education
  • Retail
  • Manufacturing
  • Government & defence
  • Healthcare
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

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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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Sleep Aid Devices Market is projected to surpass US$ 133211.98 Million by 2032.

Multiple government & non-government societies such as ASAA (American Sleep Apnea Association) and Circadian Sleep Disorder Networks have underpinned the growth of the sleep aid devices market by organizing various sleep cognizance programs pertaining to the importance of sound sleep. As a result, there has been a significant rise in the demand for sleep aid devices for the treatment of sleep-related disorders.

According to a recently published research report by Future Market Insights (FMI), the global sleep aid devices market is projected to be valued at US$ 29,200 Mn by the end of 2026. Increasing stress levels and rise in the sleeping disorders such as sleep deprivation, narcolepsy, restless legs syndrome, sleep apnea, and insomnia have necessitated the need for medical intervention. Among the various options available to healthcare providers and patients, the adoption of sleep aid devices has grown steadily.

Disposable income in the developing economies has been constantly increasing, which has upgraded the lifestyle of people. A sheer demand for advanced and secured sleep aid devices has been witnessed in these markets, on the back of enhanced spending capacity of the consumers. These factors have offered a lucrative growth opportunity to the manufacturers of these devices and as a result, the global sleep aid devices market is predicted to clock an impressive CAGR of over 4% by the end of 2026.

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Proclivity for Smoke and Alcohol Drives the Sales of Sleep Aid Devices at the Global Level

Increasing geriatric population and sleep disorders associated in this demography have created a robust demand for the sleep aid devices. Furthermore, a rise in the sedentary lifestyle and the comorbidities such as heart disease, obesity, stroke, type 2 diabetes, and atherosclerosis have resulted in the widespread utilization of sleep aid devices. Proclivity of adults for smoking, drug abuse, and alcohol at a global level have been a driving factor for the growth of the sleep aid devices market.

North America to Lead the Global Sleep Aid Devices Market, Europe Second Largest Market

As per the insights extracted from the descriptive study based on the sleep aid devices market, the market of Europe and North America reigns supreme on the back of reimbursement provided by the government. Moreover, a rise in the per capita medical expenditure of the consumers hailing from these regions has alongside contributed to the growth of the global sleep aid devices market.

As compared to the developed economies in North America and Europe, the sleep aid devices market in the emerging economies will witness an impressive rate of growth, on account of supportive government policies and ongoing development in the healthcare sector.

Comprehensive Look at the Competitive Landscape of the Global Sleep Aid Devices Market

Key information obtained from the market study includes an analytical view of the key players transforming the current sleep aid devices market scenario. This descriptive report highlights companies such as

  • ResMed Inc.
  • Sleep Number Corporation
  • Koninklijke Philips N.V.
  • Responsive Surface Technology LLC
  • Simmons Bedding Company LLC
  • Eight Sleep Inc.
  • Electromedical Products International, Inc.
  • Ebb Therapeutics
  • Sleepace Inc.
  • Kingsdown, Inc.
  • Drive DeVilbiss Healthcare LLC
  • SleepMed Inc.
  • Cadwell Laboratories Inc.
  • Teva Pharmaceutical Industries Ltd.
  • Drive Medical Ltd.

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Key companies such as Tempur Sealy International, Simmons Bedding Company LLC, Sleep Number Corporation, Dreams, ResMed, and Koninklijke Philips N.V. procure a major share in the sleep aid devices market. Aforementioned manufacturers are endeavoring into developing new products for diversifying their portfolio in the sleep aid devices market. Key manufacturers of sleep aid devices market are collaborating with retailers, distributors, and local wholesalers, in order to expand their operations

Domestic companies are competing depending on their channel management and pricing of the sleep aid devices. On the other hand, key players in the sleep aid devices market are concentrating their efforts on devising effective marketing strategies in order to increase the penetration of their products.

Table Of Content

  • Executive Summary
    • Market Overview
    • Market Analysis
    • PMR Analysis and Recommendations
    • Wheel of Fortune
  • Market Introduction
  • Market Definition
  • Market Taxonomy

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Sleep Aid  Devices Market Opportunity Analysis 

  • Macro-Economic Factors
  • Opportunity Analysis

 Market Background

  • Value Chain Analysis
  • Market Dynamics
  • Drivers
  • Supply Side Drivers
  • Demand Side Drivers
  • Restraints
  • Key Trends

Global Economic Outlook

  • 1. Gross Domestic Product by Region & Country, 2016 – 2021
  • 2. Medical Devices Sector Outlook
  1. Key Inclusions
  • 1. Disease Epidemiology, Statistics
  • 2. White Space Opportunities Narcolepsy and Obstructive Sleep Apnea Diseases
  • 3. Technology Assessment

6.4. Regulatory Guidelines

6.5. Pricing Analysis

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  1. North America Sleep Aid  Devices Market Analysis 2013–2017 and Forecast 2018–2026
  •  Introduction
  •  Historical Market Size (US$ Mn) Trend Analysis By Country, 2013–2017
  • Canada
  • Market Size (US$ Mn) Forecast By Country, 2018–2026
  •  Historical Market Value (US$ Mn) and Volume Units Trend Analysis By Product Type, 2013 –  2017

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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 9-years.

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Soft Tissue Repair Market is projected to reach nearly US$ 15,500 Million by 2022-end.

A new report by Future Market Insights (FMI) anticipates the global soft tissue repair market to exhibit a steady 5.5% CAGR throughout the forecast period (2017-2022). The global market for soft tissue repair is expected to account for over US$ 15,000 Mn revenues by 2022-end.

Advancements in Products such as Bioabsorbable Soft Tissue Screws to Propel Growth of the Market

A number of technological advancements and innovations have been observed in orthopedic connective tissue repair procedures. Novel advances, for instance – the innovative surgical techniques, are being made in the procedures associated with anterior cruciate ligament (ACL) reconstruction, in a bid to make the process more effective. Global leaders, including Zimmer Biomet and NORAKER, have been developing new bioabsorbable soft tissue screws over the past few years. Leading market players have also been focusing on development of the mesh with biological products, which would act as a replacement for human allograft. An example of this is development of EZ Derm by MoInlycke Health Care, utilized as dressing for wounds using wires and pins independently, or together, with various other internal fixation devices. These devices are utilized for surgeries pertaining to hip replacement and spine.

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People across the globe are becoming aware of development, promotion, and commercialization of the advanced platelet-rich plasma devices, used for musculoskeletal disorders. In addition, there is a surge in awareness about skeletally immature patients to have a high risk of tear in the connective tissue and ligaments. These factors might positively impact global demand for soft tissue repair in the near future.

Sports-related Injuries- A Major Factor Driving the Market Growth

A major factor affecting demand for soft tissue repair is injuries related to sports. Athletes usually suffer from ACL tear during the game, or while performing other physical activities. Moreover, increasing aging population is also expected to play an imperative role in growth of the market. With aging, substantial changes are observed in skeletal and neuromuscular systems, which in turn leads towards ACL tear, weak ligaments and arthritis. Prevalence of obesity in geriatric population is directly increasing risk of degenerative bone diseases, such as osteoporosis and osteoarthritis. The aforementioned factors are further expected to increase demand for soft tissue repair procedures.

In contrast, high prices associated with soft tissue repair procedures, lack of awareness in population across underdeveloped and remote regions, and unfavorable reimbursement policies are factors which will impede demand for soft tissue repair procedures in the near future.

APEJ to Witness a Significant Expansion in the Market

The soft tissue repair market in Asia-Pacific excluding Japan (APEJ) is expected to witness a significant growth, with revenues poised to surpass US$ 3,000 Mn by 2022-end. Growth of the market in APEJ can be primarily attributed to increasing purchasing power of population, and rising prevalence of musculoskeletal disorders in countries such as India and China. In addition, North America is expected to remain the most attractive market for soft tissue repair, owing to the hike in healthcare expenditure in this region.

Based on product, sales of laparoscopic instruments, and synthetic mesh are expected to collectively account for over one-third revenue share of the market during the forecast period. Sales of synthetic mesh and laparoscopic instruments will register similar CAGRs through 2022.

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Orthopedic Application of Soft Tissue repair to Account for Largest Revenue Share

Orthopedic application of soft tissue repair are expected to account for the largest revenue share of the market during 2017 to 2022, followed by skin repair application. In addition, revenues from orthopedic and skin repair application of soft tissue repair are expected to collectively account for over US$ 7,000 Mn by 2022-end.

Accounting for around two-third revenue share of the market, hospitals are expected to remain the most lucrative end-users in the global market for soft tissue repair. Revenues from hospitals in the market are expected to reach approximately US$ 10,000 Mn by 2022-end.

Key players profiled by the FMI’s report, who are actively operating in the global soft tissue repair market, include

  • Wright Medical Group N.V.
  • Integra LifeScience Corporation
  • Medtronic Plc.
  • CONMED Corporation
  • C. R. Bard Inc.
  • Braun Melsungen AG
  • Smith & Nephew
  • DePuy Synthes
  • Stryker Corporation
  • Zimmer Biomet Holdings Inc.
  • Arthrex Inc.

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Market TaxonomyIn one of its chapters, the report provides an in-depth analysis of the market segmentation, which is based on product, application, end-user, and region. The report offers insights on every market segment and its sub-segments in terms of absolute $ opportunity, Y-o-Y growth, market attractive index, market size, and BPS analysis.

Product

  • Allograft
  • Xenograft
  • Synthetic Mesh
  • Interference Screws
  • Suture Anchors
  • Laparoscopic Instruments
  • Other Fixation Devices

End User

  • Hospitals
  • Clinics
  • ASCs

Application

  • Breast Reconstruction Repair
  • Dental
  • Dural Repair
  • Hernia Repair
  • Orthopedic
  • Skin Repair
  • Vaginal Sling Procedures
  • Others

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Nerve Repair Market is projected to be valued at nearly US$ 430 Million by 2027

The global nerve repair market is expected to be worth more than US$ 145 million in 2017 and nearly US$ 430 million by 2027, growing at a CAGR of 11.3 percent over the forecast period.

Future Market Insights (FMI) in its latest report titled “Nerve Repair Market: Global Industry Analysis and Opportunity Assessment 2017-2027” identifies that ageing is one of the major factors that increases possibilities of nerve damage. Occurrence of nerve damage is medically-proven to be higher amongst aged people, hence, the rising geriatric population across the globe is fueling the demand for nerve repair products. As per the FMI report, global nerve repair market will ride at an impressive CAGR of 11.3% in terms of revenue during the forecast period (2016-2027). Moreover, increasing government initiatives to spread awareness about new nerve repair treatments and availability of advanced treatment therapies is expected to boost the growth of global nerve repair market over the next couple of years.

A damaged nerve can result in severe sensory and motor complications, which may cause severe pain as well as malfunctioning of the appendages. In these conditions, repairing of damaged nerves becomes quite imperative. Fortunately, a range of medical products is available in the market for treating damaged nerves. Nerve protectors, nerve connectors, nerve wraps and nerve grafts are amongst some of the popular products used for nerve repairing. As these products become medically more effective, their demand continues to grow.

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Nerve Repair Treatment: Market Opportunities

Currently, most of the leading medical companies that manufacture nerve repair products are mainly concentrated in developed regions such as Europe and North America. Many of the developing countries including Mexico, India, Indonesia and few other countries from the Middle East are yet to witness widespread penetration of the nerve repair biomaterial products. The scope of promoting the products in such emerging markets would definitely bring in lucrative business opportunities for medical companies. Therefore, tapping emerging markets is likely to create opportunities for growth in term of sales of nerve repair products. Some of the leading medical companies are focusing on aspects such as training of physicians and marketing of their products in these developing regions. Axogen, Inc., Baxter International Inc., Stryker Corporation, Integra Lifesciences, Holdings Corp, Neurotex, Ltd. and Polyganics B.V. are some leading medical companies partaking in the growth of global nerve repairing market.

North America Nerve Repair Market to Maintain its Speedy Growth

In 2016, the nerve repair market in North America captured more than 40% share in terms of revenue. The expanding base of geriatric population and rising demand for advanced medical technology in the U.S. continues to create new market opportunities for manufacturers of nerve repair products in the region. Meanwhile, demand for nerve repair products in Japan has been overwhelmingly high in recent years and similar trends are expected to continue throughout the forecast period. In addition, nerve repair market in Japan is expected to expand at an impressive CAGR of 10.8% over the forecast period owing to increasing healthcare awareness and demand for advanced medical technology.

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Additional Highlights of the Report Include:

  • Nerve graft is the most popular nerve repairing product type and is estimated to account for around 40.3% revenue share of the global market by 2017-end.
  • Repairing of epineural nerves is expected to remain the highest amongst all the types of nerve repair. Towards the end of the assessment period, revenue from epineural nerve repairing is estimated to reach US$ 290.3 Mn.
  • Hospitals will remain as the largest end user of nerve repair products and are projected to account for over 61% value share of the market by end of 2027.

Market Taxonomy

Nerve Repair Type

  • Epineural Nerve Repair
  • Perineural Nerve Repair
  • Fascicular Nerve Repair

Product Type

  • Nerve Wraps
  • Nerve Protectors
  • Nerve Connectors
  • Nerve Grafts

End User

  • Hospitals
  • Ambulatory Surgical Centres
  • Speciality Clinics

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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Endovenous Laser Therapy Market to over US$ 811.1 Million by 2031

[151 Pages Report] According to a recent study by Future Market Insights (FMI), the global endovenous laser therapy market is expected to witness high growth during the forecast period. The market is expected to grow from US$ 378.3 Mn in 2021 to over US$ 811.1 Mn by 2031. This reflects a cumulative CAGR of around 7.9% over the forecast period (2022-2031).

Rise in number of varicose veins cases, availability of technologically advanced laser therapy, shift towards minimally invasive procedures and increasing product launches are the primary factors responsible for the growth of the market during the forecast period.

Varicose veins are more common in pregnant women, partially because the baby puts more pressure on the veins and partly because hormones generated during pregnancy relax vein walls. Varicose veins can develop as a result of damage to a deep leg vein. Over the projected period, rising instances of varicose veins are expected to drive revenue growth in the endovenous laser systems market.

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Another factor that is having a positive impact on endovenous laser therapy is the rapid change in lifestyle with no physical activity and labour across the globe, as well as the rise in the elderly population, both of which are anticipated to contribute to the global market’s growth over the forecast period. The market is also expected to develop due to the quick and effective technique as well as the growing demand for endovenous laser therapy.Moreover, growing prevalence of obesity worldwide is driving growth of the endovenous laser therapy market. Obesity leads to problems related to blood circulation which leads to varicose veins.

Medical device manufacturers operating in the endovenous laser therapy market are focusing on providing user friendly devices to the end users to minimize chances of manual errors. In addition, continuous launch of new and improved products and increasing investment in research and development by the manufacturers in endovenous laser therapy devices would lead to growth of global market over the forecast period.

Key Takeaways from Endovenous Laser Therapy Market Study

  • Endovenous laser systems held the maximum share of 92.0% in 2021 by component, expanding at a rapid rate owing to the rising number of varicose veins cases and increase in number of product launches with advanced features.
  • Ambulatory surgical centers showed maximum growth among all end users with a market share of 36.2% in 2021 owing to the rise in demand for outpatient surgeries. In countries such as the U.S., endovenous laser therapy for varicose veins is majorly performed in ambulatory surgical centers rather than hospitals in order avoid long-time waiting in big hospital settings, which is why the segment is developing at a rapid rate
  • North America held the largest share of 42.7% of the global endovenous laser therapy market by region in 2021 indicating the growth due to increase in prevalence of obesity and growing number of FDA approvals in North America.

“Growing prevalence of varicose veins, shift towards minimally invasive procedures, availability of novel laser treatment and increasing number of product launches Is Expected to Drive the Demand for Endovenous Laser Therapy over the Decade,” says the FMI Analyst

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Who is winning?

The key market players covered by FMI include AngioDynamics, Inc., Syneron Medical Ltd., Dornier MedTech GmbH, Alma Lasers Ltd., Alna-Medical system GmbH, LSO Medical, Wontech Co., Ltd., intros Medical Laser GmbH and Energist Ltd.

Some of the leading manufacturers of endovenous laser therapy market are focusing on product launch, approvals, collaboration and partnership strategies for global expansion objectives, thereby, enhancing their market presence.

  • In January 2021, Syneron Medical Ltd. announced the availability of the Frax Pro™ system. The FDA-cleared and CE-marked, non-ablative fractional device is the first platform featuring dual-depth skin resurfacing with both Frax 1550™ and the novel Frax 1940™ applicators.
  • In July 2020, Wontech announced that ‘Picowon’, an alexandrite (755nm)-based pico laser, has obtained US Food and Drug Administration (FDA) approval for the first time in Asia and the second in the world.

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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 2016 to 2031. The global endovenous laser therapy 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 endovenous laser therapy segment based on product (Endovenous Laser Systems {Diode Lasers and YAG Lasers}, and Endovenous laser Fibers {Bare Tip Laser Fiber, Radial Tip Laser Fiber and Gold Tip Laser Fiber}), and end user (hospitals, ambulatory surgical centers and Specialized Clinics) across seven major regions.

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Endovenous laser therapy Market by Category By Product

  • Endovenous Laser Systems
    • Diode Lasers
    • Yag Lasers
  • Endovenous Laser Fibers
    • Bare Tip Laser Fibers
    • Radial Tip Laser Fiber
    • Gold tip Laser Fiber

By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialized Clinics

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

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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Paediatric Vaccine Market is projected to reach a value of US$ 13.49 Billion by 2026

According to a new report published by Future Market Insights titled “Paediatric Vaccine Market: Global Industry Analysis & Opportunity Assessment, 2016 – 2026”, in terms of revenue, the global paediatric vaccine market is expected to increase at 12.2% CAGR during the forecast period 2016-2026. The global paediatric vaccine market is expected to reach US$ 27.97 Bn in 2016.

Paediatric vaccine market is a billion dollar market accounting for a substantial proportion of healthcare expenditure in the recent times. The paediatric vaccine market is segmented according to indication, technology and vaccine type. According to the indication, the paediatric vaccine market is sub segmented into pneumococcal, DTP, rotavirus, influenza, meningococcal, hepatitis B, Hib, MMR and polio. According to technology the market is further segmented into live or attenuated, inactivated or killed, toxoid, conjugate, subunit and recombinant vaccines. By vaccine type, the global paediatric vaccine market is segmented into monovalent and multivalent vaccines.

A slew of routine immunisation initiatives rolled out by the government and private agencies has broadened the market for the paediatric vaccines. A new wave of funds pumped into the market by different government and private players to cork the rise of the child deaths across the globe has also opened a new window of opportunity for the paediatric vaccine market. As per the report of WHO (World Health Organization), the global spending on immunisation soared from US$21.4 to US$26.9 per infant in 2014. The massive economic boom in some regions of the world is expediting the growth of the paediatric vaccine market.

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Segmentation analysis

  • By indication, pneumococcal segment accounted for higher revenue share in global paediatric vaccines as compared to other product segments. The pneumococcal segment is expected to reach a value of US$ 31.58 Bn by 2026, reflecting a CAGR of 14.4% over the forecast period. The growth of pneumococcal segment is attributed to the increasing incidence of infectious diseases.
  • In terms of revenue, Hib vaccine segment is the second most growing segment and is expected to reach a value of US$ 13.49 Bn by 2026, growing at a CAGR of 13.4%. Hepatitis B and meningococcal segment are expected to show double-digit CAGR growth in the forecast period contributing to the growth of global paediatric vaccine market.
  • By technology, conjugate segment accounted for highest revenue share in global paediatric vaccine market as compared to live or attenuated segment. The conjugate segment is expected to reach a value of US$ 32.09 Bn by 2026, reflecting a CAGR of 14.8% over the forecast period. This is expected to be closely followed by the growth of pneumococcal and meningococcal vaccines in this segment
  • By end user, institutional health centres account for higher demand for paediatric vaccine as compared to other end user segments such as hospital pharmacies and retail pharmacies. The strong growth in institutional health centres can be attributed to increasing government interventions in immunisation programs in order to improve vaccine coverage. Institutional health centres are expected to register highest CAGR of 13.8% over the forecast period.

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Regional analysis

By region, North America is dominating the global paediatric vaccine market due to improved healthcare infrastructure in this region. The North America paediatric vaccine market is expected to be valued at US$ 20.15 Bn by 2026 growing at a CAGR for 11.0%. In addition to North America, demand for paediatric vaccines has been significantly growing in Western Europe and APEJ. APEJ is expected to grow at a CAGR for 14.9% over the forecast period and is expected to dominate the market by 2026 by generating revenue of US$ 22.69 Bn and revenues in Western Europe are anticipated to grow by 11.2%. Middle East and Africa is expected to grow at a CAGR of 12.6% and this growth is anticipated by growth government intervention for immunisation by carrying out national level immunisation campaigns and also disease specific immunisation campaigns.

Key players in the global paediatric vaccine market include

Indian Immunologicals,

GlaaxoSmithKline Plc.,

Pfizer Inc.,

Sanofi, Merck & Co. Inc.,

Panacea Biotec,

Zydus Cadila,

Emergent BioSolutions Inc.,

Serum Institute of India Pvt. Ltd.,

Bharat Biotech.

The growth of paediatric vaccine market is attributed to the development in the research by key players in the field, for instance, in February 2016, GSK submitted US regulatory submission for expanding the indication of FLuLaval Quadrivalent, influenza vaccine, for infants more than 6 months. These developments will boost the growth of the global paediatric vaccine market.

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Market Segmentation

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • MEA
  • Japan

Technology

  • Live or Attenuated Vaccine
  • Inactivated or Killed Vaccine
  • Toxoid Vaccine
  • Conjugate Vaccine
  • Subunit Vaccine
  • Recombinant Vector Vaccine

Indication

  • Pneumococcal Conjugate Vaccine
  • DTP Vaccine
  • Influenza
  • Meningococcal Vaccine
  • Polio Vaccine
  • Rotavirus Vaccine
  • MMR Vaccine
  • Varicella Virus Vaccine

End User

  • Hospital Pharmacies
  • Retail Pharmacies
  • Institutional Health Centres

Vaccine Type

  • Monovalent Vaccines
  • Multivalent Vaccines

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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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Oncology Information Systems Market is anticipated to grow to US$ 5.4 Billion by 2032

[333 Pages Report] The oncology information system market is expected to expand at a 7.8% CAGR. The oncology information system market is expected to grow from USD 2.59 billion in 2022 to USD 5.48 billion by 2032.

The increasing incidence and prevalence of cancer, as well as the growing need to reduce the cost of cancer care, are driving the oncology information system marketgrowth, as are the potential benefits offered by oncology information systems in cancer treatment, management, and planning.

Attributes Details
Oncology Information Systems Market CAGR (2022-2032) 7.8%
Oncology Information Systems Market Size (2022) USD 2.59 Billion
Oncology Information Systems Market Size (2032) USD 5.4 Billion

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The oncology information system market includes software and services used for comprehensive information and image management, which aids in the management and optimization of cancer patient profiles and treatment.

Leading oncology information system marketplayers’ sales and operating incomes have decreased as a result of COVID-19. Inventory was reduced as a result of tight production controls.

The rising incidence of cancer cases is one of the major factors driving the oncology information system marketgrowth. There are a few other factors driving the oncology information system market key trends and opportunities, such as the growing need to reduce oncology care costs and the growing adoption of oncology information system along with electronic health records (EHR) and other oncology information systems.

A major impediment to implementing OIS solutions in hospitals is a lack of qualified resources influencing the oncology information system market future trends along with oncology information system market opportunities. Currently, the demand for healthcare IT professionals outnumbers supply in both developing and developed oncology information system market, including the United States and Europe.

Asia Pacific accounted for 17.8% of the oncology information system market. The Asia Pacific oncology information system market is expanding due to several factors, including rising cancer prevalence and increased investment in the implementation of IT solutions in healthcare settings which h influences the oncology information system market adoption trends.

KEY TAKEAWAYS:

  • The oncology information system market has been divided into two segments: solutions and professional services. The solutions segment accounted for the majority of revenue i.e. 73.4%.
  • The solutions segment is further subdivided into patient information systems and treatment planning systems, with the latter accounting for the lion’s oncology information system marketshare.
  • Medical oncology accounted for the largest oncology information system marketshare of global revenue, accounting for 61.4% of total revenue.
  • In 2021, the North America regional oncology information system market had the highest oncology information system marketshare’s revenue of 38.5%.
  • The software segment accounted for 83.6% of the product and service oncology information system market.
  • Radiation oncology accounted for 53.8% of the oncology information system market.
  • Asia Pacific accounted for 17.8% of the oncology information system market.

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COMPETITIVE LANDSCAPE:

Key oncology information system marketcompanies are primarily focused on incorporating technological innovation with the introduction of web-based oncology solutions and AI-based oncology information system solutions with the goal of improving the treatment regime, which is expected to positively impact oncology information system marketgrowth in the near future.

Prominent Players :

  • Elekta AB
  • Accuray Inc.
  • Varian Medical Systems
  • RaySearch Laboratories
  • Cerner Corp.
  • BrainLab
  • Philips Healthcare
  • Prowess, Inc.
  • DOSIsoft S.A.
  • ViewRay Inc.
  • MIM Software
  • Flatiron

RECENT DEVELOPMENT:

  • Varian Medical Systems, Inc. announced a USD 10.0 million investment and a strategic collaboration agreement with COTA, Inc., a curator of clinical data in the oncology sector, in 2020.
  • Siemens Healthineers (Germany) completed the acquisition of Varian Medical System in August 2021. (UK). The goal of this acquisition was to create a one-of-a-kind, highly integrated portfolio of oncology information system workflow.
  • Koninklijke Philips N.V. (The Netherlands) and Elekta (Sweden) will collaborate in June 2021 to develop advanced, comprehensive, and personalised cancer care through precision oncology information solutions.
  • McKesson Corporation (US) has launched Ontada, an oncology technology and insights business dedicated to advancing cancer research and care, in December 2020.

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Key Segments

By Product:

  • Solutions
    • Patient Information Systems
    • Treatment Planning Systems
  • Professional Services

By Application:

  • Medical Oncology
  • Radiation Oncology
  • Surgical Oncology

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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Thiamine Market is predicted to grow at a healthy CAGR of 13.9% from 2022 to 2032

[342 Pages Report] The thiamine market is expected to see a significant CAGR of 13.9%, and is projected to increase from US$ 170.9 million in 2021 to US$ 715.32 million by 2032.

Attributes Details
Thiamine Market CAGR (2022-2032) 13.9%
Thiamine Market Size (2021) US$ 170.9 million
Thiamine Market Size (2032) US$ 715.32 million

Thiamine’s expanding use in mental health is driving up the market size, as its uses go beyond only physical health. Additionally, the market leaders for thiamine, like Jiangsu Jubang Pharmaceutical Co. Ltd, work hard to preserve their leadership positions by bringing in the biggest percentage of revenue and snatching up the largest portion of the market.The product’s expanding function in energy metabolism, as well as the growth and development of healthy cells, is what largely drives the thiamine market. The growing demand for thiamine is mostly due to increased public awareness of the human body’s thiamine deficiency.

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Sales of thiamine are expanding, as it is used by both humans and animals. Animals are given the chemical to protect their livers and kidneys against lead-induced lipid peroxidation. It is essential for both the development and growth of healthy cells, as well as for human energy metabolism.

The increased frequency of illnesses and the lack of knowledge and awareness surrounding thiamine deficiency may be limiting factors for the growth of the thiamine market. Furthermore, this shortage can lead to a number of other serious health issues.

Due to the country’s rising healthcare spending, aging population, improved medical facilities, changing pharmacy distribution networks, and cutting-edge technologies, the United States is one of the main consumers of protein components.

Key Takeaways of the Thiamine Market

  • The thiamine market is expected to have a CAGR of 9% during the forecast period.
  • The thiamine market is anticipated to have a valuation of US$ 715.32 million by 2032.
  • The thiamine market had a valuation of US$ 170.9 million in 2021.
  • The thiamine market is segmented based on surgical application, wherein the dietary supplementary segment had a CAGR of 1% in 2021.
  • The pharmaceutical segment holds the second leading position as a result of the usage of thiamine in treatments for a number of disorders.
  • The Asia Pacific dominated thiamine market, with a CAGR of 0% in 2021.
  • The North America thiamine market is expected to expand rapidly, with a prodigious share during the forecast period.

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Competitive landscape: Fresh Companies Are Meeting The Product Demand

Due to the increasing customer demand for the products and the dwindling supply of manufacturers, there are many opportunities for the existing firms to gain a strategic and competitive advantage. With the assistance of experienced and productive R&D, new businesses can create goods that are ready for the market.

In order to gain a competitive edge and ensure consumer satisfaction, the top players in the thiamine market have taken a number of strategic actions, including setting up various research programs, lowering prices, and carrying out profit-making and expansion initiatives.

Recent Developments: Innovations and Product launches

  • The US Food & Drug Administration (USFDA) has given final permission for Aurobindo Pharma Limited to produce and sell Thiamine HCl Injection 200 mg/ 2 mL Multi-Dose Vials.
  • February 18, 2021 – Through its US subsidiary, Hikma Pharmaceuticals USA Inc. The multinational pharmaceutical business Hikma Pharmaceuticals PLC (Hikma) has introduced Thiamine Hydrochloride Injection, USP, 200mg/2mL, in the US.

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Key players

  • DSM
  • Chemizo Enterprise
  • Xinfa Pharmaceutical Co., Ltd.
  • Jiangxi Tianxin Pharmaceutical Co., Ltd.
  • Nutricost
  • McCartan’s Pharmacy
  • Jiangsu Jubang Pharmaceutical Co., Ltd.
  • HPC

Key segments

By Application:

  • Food & Beverages
  • Animal Feed
  • Pharmaceuticals
  • Dietary Supplements

By Region:

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

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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Lupus Anticoagulant Testing Market Future Demands, Regional Developments and Industry Competitive Landscape Analysis 2029

Lupus anticoagulants (LA) are antibodies directed against phospholipid-binding proteins that prolong phospholipid-dependent coagulation assays. Lupus anticoagulant testing is a special blood test to find out if certain antibodies or proteins that cause blood-clotting disorders are present.

Persistent lupus anticoagulant testing positivity is a risk factor for the occurrence and recurrence of venous/arterial thromboembolism and/or pregnancy morbidity and qualifies the patient for lupus anticoagulant testing. The antibodies to be tested are present in about 2-4% of the general population and may develop in people with no known risk factors.

Initial lupus anticoagulant testing typically involves one or more tests that depend on phospholipid-containing reagents, usually partial thromboplastin time (PTT), the LA-sensitive PTT (known as PTT-LA) or dilute Russell viper venom test (DRVVT). The undiagnosed patients are at a constant risk of developing antiphospholipid syndrome, a disease that provokes blood clots in arteries and veins.

Lupus Anticoagulant Testing: Market Drivers and Restrains

Recurrent thrombosis in patients with blood disorders is expected to rise the demand for lupus anticoagulant testing. According to NIH, it is estimated that 20 percent of individuals younger than age 50 who have a stroke have antiphospholipid syndrome which would rise the size of lupus anticoagulant testing market with rising awareness.

Blood disorders like anemia and bleeding disorders such as hemophilia, blood clots, and blood cancers such as leukemia, lymphoma, and myeloma are on rise. Von Willebrand disease (VWD) is a bleeding disorder in which blood doesn’t clot properly.

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Between 2012 and 2016, more than 14,600 men, women, and children were seen at hemophilia treatment centers for treatment of VWD in the U.S which is expected to increase the demand for lupus anticoagulant testing. The number of traumatic injuries and wounds are on a rise which could be a reason for rising number of lupus anticoagulant testing done annually to confirm blood disorders.

Lupus Anticoagulant Testing Market: Overview

The lupus anticoagulant testing market is structured differently depending on the regions. North America and Europe has a number of diagnostic laboratories to avail for lupus anticoagulant testing. On the other hand, the existence of the condition is not known.

The dependence on hospitals for primary blood related disorders in remote rural areas in Asia-Pacific and African countries is not observed in the developed lupus anticoagulant testing markets. Blood clots observed in patients with blood related cancers such as leukemia, lymphoma, and myeloma are expected to fuel the demand for lupus anticoagulant testing.

Lupus Anticoagulant Testing Market: Region-wise Outlook

Globally, North America is anticipated to be the largest contributor of lupus anticoagulant testing market.  Increase in epidemics related to bleeding disorders in low-income countries contribute to the lupus anticoagulant testing market. East and South Asia is anticipated to be the second largest market in lupus anticoagulant testing.

Europe will also contribute generously to lupus anticoagulant testing market with rising healthcare spending on diseases related to lupus anticoagulant testing market. Middle East & Africa lupus anticoagulant testing market growth is hindered due to high poverty in the region coupled with lower GDP to healthcare spending ratio and lack of healthcare infrastructure.

Lupus Anticoagulant Testing Market: Key Players

Some of the key players present in global lupus anticoagulant testing market include Becton Dickinson, Abbott, AstraZeneca plc, F. Hoffmann-La Roche Ltd, Vertex Pharmaceuticals Inc, Novartis AG, Boehringer Ingelheim GmbH, Mylan N.V. and leading diagnostic laboratories within respective countries. With active mergers and acquisitions, the lupus anticoagulant testing market is changing the structure and presence of various small players active in the lupus anticoagulant testing market.

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The regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic 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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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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