Market Research Blog – Page 11659 – New Product Development

Neurovascular Guidewires Market is projected register CAGR of 4.0% during the forecast period 2022-2028

The global demand for neurovascular guidewires will reach the valuation of nearly US$ 280 million in 2022, witnessing an estimated increase of 3.6% over 2022. Over 2022-2028, the global neurovascular guidewires market revenue is likely to expand 1.5X.

According to a new research study of Future Market Insights,

Straight tip guidewires, with a current share of more than a third of the total market value, will retain the dominant position in neurovascular guidewires market through 2028.
Aneurysms and intra-and extra-cranial angioplasty reflect highest applicability of neurovascular guidewires.
Hospitals, though anticipated to reflect limited investment opportunities in the neurovascular guidewire market, will remain the leading end-use segment with the maximum share in terms of revenue generation.

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The Increasing Number of Neurovascular Disease Treatment Alternatives

Neurovascular guidewires, among the latest innovations in the neurovascular disease treatment landscape, has been pushing the number of neurovascular surgeries since introduction. This according to the report will remain a key factor sustaining demand for neurovascular guidewires in the global market over the coming years.

As the advent of technology used in neurovascular surgeries has significantly increased the number of treatment options for neurovascular diseases, the treatment by using neurovascular guidewires is gaining ground rapidly owing to the relatively lower risk associated with surgical treatment, over conventional surgeries. The usage of guidewires is the mainstay for neurovascular therapy, along with new technologies such as coating-based guidewires, which has contributed substantially to the treatment options for complex lesions that are treated surgically.

The increasing number of neurovascular neuroradiology procedures is also boosting the demand for access products, which is another factor driving the neurovascular guidewires market. The number of neurovascular interventions is increasing with growing awareness among surgeons about the cost benefit associated with the neurovascular guidewires. Besides, reimbursement policies for outpatient surgeries are also expected to propel the neurovascular guidewires market revenue. Furthermore, an increase in the number of end users such as ambulatory surgical centers in underdeveloped and developing countries is boosting the number of outpatients cases, which is also expected to drive the overall market for neurovascular guidewires.

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Favorable Reimbursement Scenario & Government Support

The growing prevalence and incidence of cerebral infarction, aneurysm, and stroke is projected to fuel the demand for neurovascular guidewires. Growth in the number of patients suffering from ischemic stroke across the world is also estimated to boost the adoption of neurovascular guidewire and contribute to the growth of the global neurovascular guidewire market during the forecast period.

Similarly, increasing incidence of arteriovenous malformations is also contributing to growth in the demand for neurovascular guidewires. The increasing prevalence of intracranial and extracranial angioplasty is another factor that is expected to drive the neurovascular guidewires market.

Neurovascular guidewires are effective and safe devices in neurovascular intervention procedures for patients suffering from neurovascular diseases. Modifications in reimbursement policies are encouraging the number of outpatients in developed countries. Government initiatives and local reimbursement policies pertaining to the usage of neurovascular guidewires are also expected to boost the neurovascular guidewire market over the forecast period.

Rising awareness about cerebral infarction is also estimated to contribute to the growth of the market. The reimbursement policies for the treatment of brain aneurysm are also contributing to the growth of the neurovascular guidewires market as the patients are not required to pay from their own pocket.

FMI’s report tracks some of the key companies operating in the neurovascular guidewire market, which include Boston Scientific Corporation, Medtronic, Penumbra Inc., Stryker, Asahi Intecc Co. Ltd, Integer Holding Corporation, Cordis Corporation, CONMED Corporation, phenox GmbH, and Integer Holding Corporation, among others.

Neurovascular Guidewires Market by Category

Product:

Shapeable Tip Guidewires
Straight Tip Guidewires
Angled Tip Guidewires
Round curve Tip Guidewires

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Application:

Arteriovenous Malformations
Intracranial and Extra-Cranial Angioplasty
Aneurysms
Minimally Invasive Spine surgery
Cerebral Angiography

Coating Type:

Hydrophilic Guidewires
Hydrophobic Guidewires

End User:

Hospitals
Laboratories
Research Institutes
Biopharmaceutical Companies
Others

Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
MEA

About FMI:

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

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Oxycodone Market Competitive Growth Strategies Based on Type, Applications, End User and Region

ESOMAR-certified consulting firm Future Market Insight (FMI) has published a report on the global oxycodone market for the forecast period of 2021 – 2031. According to the report, the market is expected to expand at a CAGR of 4.8% during the forecast period.

Oxycodone belongs to a group of opioid analgesics that is generally used in pain management. It is used for both long and short term. Rising prevalence of orthopaedic diseases such as osteoporosis, fibromyalgia, rheumatoid arthritis and other types of chronic pain is boosting the demand for oxycodone in the global market.

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According to the International Osteoporosis Foundation, osteoporosis is one of the most serious health concerns among women and around 30% of people in U.S and Europe are affected by it each year. Increasing medical ailment and post-operative pain is another factor influencing the demand for oxycodone market globally.

The market growth is expected to accelerate due to increasing research and development activities undertaken to innovate abuse-deterrent formulations. Advance drug formulation such as extended-release medication for pain relief is an example of improve formulation.

The market however could face certain restrains in growth as oxycodone has side effects such as bladder pain, abdominal cramps, vomiting, diarrhoea, and breathing problem. Moreover, overdose of oxycodone can lead to de-addiction. The market can also be impacted due to certain severe adverse psychological problems such as depression.

COVID-19 pandemic has affected healthcare industry as there has been a sharp reduction in demand due to lesser visits to healthcare facilities such as clinics and hospitals. The widespread of virus has affected workforce in hospitals and other staffing issues as well.

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Key Takeaways from FMI’s Oxycodone Market Study

Increasing penetration of pain management drugs, coupled with favourable reimbursement policies will drive sales in the U.S.
Within the Middle East and Africa, the demand in GCC countries will rise backed by investment towards expansion of the healthcare sector
The U.K., Italy, and France are likely to account for sizeable share in the Europe market for oxycodone
Long-acting oxycodone sales will rise steadily owing to surging application in pain management
Hospital pharmacies will continue exhibiting high demand for oxycodone, driven by higher footfall of patients

Who is Winning?

The key payers operating in the global oxycodone market are focusing on adopting numerous strategies such as mergers and acquisitions, research and development activities, and joint ventures. The key players operating in the global market are Janssen Pharmaceuticals (A Johnson and Johnson Subsidary), Inc., Purdue Pharma L., Hikma Pharmaceuticals USA, Inc., Pfizer, Inc., Sun Pharmaceutical Industries Ltd., Sanofi-Aventis S.A., and others.

FDA in 2017 approved RoxyBond, a novel formulation of immediate-release oxycodone. This is the first approved immediate release opioid analgesic formulation with labelling that describes its abuse-deterrent properties.
In September 2019, Daiichi Sankyo Company in Japan, launched its generic formulated oxycodone hydrochloride hydrate extended release tablets for cancer pain treatment.

More Insight on the Global Oxycodone Market

In the latest study, Future Market Insights gives a detailed insight on the global oxycodone market, providing historical data for the period from 2016 to 2020 and forecast statistics for the period of 2021 – 2031. To understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (long-acting oxycodone and short-acting oxycodone), application segment (pain management and de-addiction), distribution channel (hospitals pharmacies and retail pharmacies), and region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

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Key Segments Covered in Oxycodone Market Study

By Oxycodone Type:

Long-acting oxycodone
Short-acting oxycodone

By Application:

Pain Management
De-addiction

By Distribution Channel:

Hospital Pharmacies
Retail Pharmacies

By Region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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Laparoscopic Devices Market is anticipated to increase from a valuation of US$ 12.3 Billion in 2022

The global laparoscopic devices market is projected to experience significant growth during the next decade (2019 – 2029), on the back of rapid growth in demand for minimally invasive surgery and expanding application potential in colorectal and bariatric surgical procedures. By the end of 2019, global sales of laparoscopic devices accounted for revenues of over US$ 10 Bn. Increasing FDI influx in developing regions coupled with marketing and promotional activities are expected to boost the laparoscopic devices market over the following years, says the report.

Key Takeaways – Laparoscopic Devices Market Study

Steady demand growth is observed for bariatric surgery, in line with the expanding obese population coupled with wide-scale adoption rate of minimally invasive techniques. Sales of laparoscopic devices for bariatric surgery will surpassing that for colorectal surgery towards the end of projection period.
Sales of laparoscopic devices will be higher in North American countries. The availability of skilled surgeons and several advantages of minimally invasive surgery over open surgery are few factors driving the market of laparoscopy devices.
The key players in the laparoscopic devices market are focusing on technologically advanced surgical systems with improved dexterity, ergonomics, and visual enhancements that provide advantages to surgeons and minimize the risk for patients while undergoing laparoscopic procedures.
Increasing consumer base along with modern amenities in the healthcare sector is expected to drive sales of laparoscopic devices in developing regions.

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Rising private and foreign investments in the laparoscopic devices market and adoption of subscription commerce marketing model by market players are anticipated to shape the overall laparoscopic devices market.

Adoption of Subscription Commerce Marketing Model

Companies are adopting various marketing model schemes such as subscription commerce to boost the sale of laparoscopic devices. Under this scheme, companies provide medical devices such as laparoscopy devices on pay-per-use basis. Thus, various end use segments can have access to these devices which might otherwise be prohibitively expensive, which in turn is helping manufacturers to expand their market share for laparoscopic devices, globally.

Due to intense competition, manufacturers of laparoscopic devices use innovative pricing strategies to remain at the forefront. Expanding access of laparoscopic devices by educating healthcare professionals through various conferences and training is enabling companies manufacturing these devices to enhance the adoption and equipping healthcare facilities with the necessary tools to provide optimal care to patients.

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Interested in More About Report Inclusions?

Laparoscopic Devices Market, a new study from Future Market Insights, opines on the evolution of the laparoscopic devices market from 2014 – 2018 and presents demand projections from 2019 – 2029 on the basis of product type (direct energy system devices, trocars/access device, internal closure devices, laparoscopes, hand access instruments, insufflation devices, and robotic assisted surgical system), therapeutic application (bariatric surgery, colorectal surgery, general surgery, gynecological surgery and urological surgery), and end user (hospitals, ambulatory surgical centers, and clinics) across seven major regions.

Laparoscopic devices market by Category

By Product

Direct Energy System Devices
Trocars/Access Device
Internal Closure Devices
Laparoscopes
Hand Access Instruments
Insufflation Devices
Robotic Assisted Surgical System

By Therapeutic Application

Bariatric Surgery
Colorectal Surgery
General Surgery
Gynecological Surgery
Urological Surgery

By End User

Hospitals
Ambulatory Surgical Centers
Clinics

By Region

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

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Drugs of Abuse Testing Market expanding at over 5% CAGR over the forecast period by 2031

As per a recent market analysis by Future Market Insights, the global drug of abuse testing market is projected to top US$ 1.5 Bn in 2021, expanding at over 5% CAGR over the forecast period.

Growth can be attributed to the increasing opioid dependence in the geriatric population as a result of high dosage prescription opioid use for pain management. Chronic pain is prevalent among patients suffering from arthritis, heart diseases, and cancer Opioids are prescribed for pain management, however, overdose can result in fatalities.

In response to this, manufacturers are launching rapid, accurate, disposable, and easy-to-use drug of abuse testing kits to detect drug dependence among the elderly. This is indicative of lucrative prospects for new market entrants over the assessment period.

Besides this, growing acceptance of recreational marijuana also has triggered concerns regarding overdose. Marijuana addiction is rare, although overdose can result in breathing disorders, memory loss, elevated stress and anxiety, and concentration issues. As a result, demand for drug of abuse testing systems in corporate and educational organizations is rising for early detection of substance abuse.

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As per FMI’s in-depth regional analysis, the U.S. is projected to dominate the North America drug of abuse testing market. The presence of robust healthcare infrastructure along with the prevalence of an opioid endemic in the country is expected to continue pushing sales of drug of abuse testing tools.

Key Takeaways:

Based on drug type, sales of drug of abuse testing for cannabinoids are expected to remain high through 2031.
In terms of technique, immunoassays will remain highly sought-after.
Demand for drug of abuse testing in forensic laboratories is anticipated to continue gaining traction over the assessment period.
The U.S. is projected to dominate the North America drug of abuse testing market owing to increasing prevalence of opioid dependence in the country.
The U.K. will continue exhibiting high demand for drug of testing systems in response to government initiatives regarding drug awareness and control measures.
China will emerge as an attractive market due to the presence of key market players and easy availability of raw materials for the manufacturing of testing products.
Japan will account for 7% of the total drug of abuse testing market share, while South Korea is expected to hold less than 1% of the total market share through 2031.

Competitive Landscape

Quest Diagnostics, Roche Holding AG, Thermo Fisher Scientific, Inc., Siemens AG (Siemens Healthineers), Abbott Laboratories (Alere, Inc.), Shimadzu Corporation, Express Diagnostics International Inc., Drägerwerk AG & Co. KGaA, and Laboratory Corporation of America Holdings are among the key players profiled by FMI.

Leading players operating in the global drug of abuse testing market are focusing on research and development to expand their product portfolios. Besides this, players are aiming at production facility expansions through mergers, acquisitions, and collaborations.

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Why Future Market Insights?

• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Drug of Abuse Testing Market by Category

By Drug Type:

Psychostimulants
Narcotic
Cannabinoids
Sedatives
Others

By Technique:

Immunoassay
Chromatography
Rapid Testing

By End User:

Hospitals
Diagnostics Laboratories
Forensic Laboratories
Others

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania

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Automated Breach and Attack Simulation Market Driver, Trends, Business Overview, Key Value, Demand And Forecast 2031

Cyber-attacks have evolved dramatically over past few years regarding their capability, scope, fallout, number of targets. The damage from cyber-attacks reaching all-high time.

Organizations are now prioritizing the security posture and are adopting security solution for making sure that they are resilient to cyberattacks.

Since the testing the cybersecurity posture of organization has become the top priority the adoption of various testing solution like automated breach and attack simulation has increased.

Automated breach and attack simulation is advance computer security testing technique that identifies vulnerabilities in security environment by mimicking the likely attack paths and techniques used by malicious attacker.

These automated tools run simulated attacks for measuring the effectiveness of a company’s detection, prevention and mitigation capabilities.

Automated breach and attack simulation helps organizations to evaluate their security posture in automated, continuous and repeatable way.

Organizations are using automated breach and attack simulation platform for assessing how effective the company’s security procedure infrastructure, vulnerabilities and techniques are.

The vulnerability gaps are exposed by simulated attacks and that allow organizations to determine whether the configurationsare properly implemented and the security architecture provides the right protection.

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How is Need for Automation Reshaping theAutomated Breach and Attack Simulation Market?

Automation is one of key factor for improving productivity in enterprise security operations centers.

For instance, an automated response system for incidents helps in classifying and resolving low-complex, high-volume events with little or no human intervention, leaving more time for professional security staff to tackle more complicated issues.

This is important, not only because more devices produce more jobs, but also because attacks are becoming more and more sophisticated.

However, if the same system can centralize data from existing security software, it streamlines operations by reducing the number of tools which are used by the analysts for initial triage warnings.

And if the system can capture standardization and recycle procedures, by reducing duplicative work, it further increases productivity

What are the Key Trends Impacting Growth of the Automated Breach and Attack Simulation Market?

The emerging trend in digitization creates potential growth opportunities for new cyber threats, leading companies arepreferring cyber security solutions to ensure that any unauthorized users are unable to access the organization’s critical data and information.

Digitization has resulted in multi-channel convergence and several other weak product interfaces. Sustaining cybersecurity threats by protecting information with cyber-secure IT infrastructure is therefore vital for businesses. As a result of the increasing trend in digitization, demand for automated breach and attack simulation solutions is increasing at a relatively high rate, driving growth in the global market.

Why the Demand for Automated Breach and Attack Simulation Market is Increasing?

Previously, organizations relayed on security solutions and approaches to safeguard and maintain critical information integrity. However, due to increase in cyber-attacks and data theft activities, businesses are concentrating on findingadvanced security solutions for securing the information deployed on the cloud as well as on-site and improving the internal security framework.

The companies have experienced attacks like email phishing, DDoS attacks, man-in-the-middle attack and social engineering attacks.

Moreover, large organizations around the world are adopting and implementing cybersecurity solutions for their business applications deployed on the cloud as well as on premise, and facilitating other small enterprises for understanding the usage of cybersecurity capabilities and Internet security threats

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Positive Outlook towards Enhancing Cyber Security Awareness and Training Programs

Providing security awareness training to enterprises regarding combatting growing cybersecurity threats is expected to create a positive impact on the global cybersecurity market. Cyberattacks are increasing due to unsuspecting personnel activities such as human errors and hacking activities by unauthorized users.

It seems that individuals assume responsibility for their safety on the device and security measures imposed on it, or are unaware of the risks associated with poor cybersecurity practices.

Through focusing on working individuals, it is hoped that results can be used to develop strategies to avoid company cybersecurity lapses. To minimize cyber threats related to human errors and hackers, enterprises need to target the factors that are related to cybersecurity risks and are required to be updated about cybersecurity solutions.

What are the Key Challenges that may Restrain Growth of the Automated Breach and Attack Simulation Market?

Small and medium organizations in various developing countries are moving slowly towards the adoption of security solutions, since the implementation of security services increases their operational costs. Moreover, such companies do not focus on their network security or cloud-based data security, due to the lack of awareness of the growing risks of cyber-attacks.

Hence, the lack of knowledge about modern security threats, along with budget limitations, are the major challenges for the automated breach and attack simulation market

Competitive Landscape

Key players such as

Qualsys
Sophos
XM Cyber
Cymulate
AttackIQ
Skybox Security
NopSec
Verodin
Rapid 7
Aujas
Bitdam
Balbix
among others

are actively involved in offering automated breach and attack simulation for wide range of security applications to enterprises of all size.

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Key Segments of Automated Breach and Attack Simulation Market Covered in the Report

By Solution:

Breach & Attack Simulation Platform
Services
- Professional Services
- Managed Security Services

By Deployment:

On-premises
Cloud-based

By Application:

Threat Management
Configuration Management
Patch Management
Others

By End User:

Enterprise
Data Center& Cloud Services Providers
Managed Service Providers
Portable

By Region:

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

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

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Massive MIMO Market SWOT Analysis, Top Companies, Competitor Landscape, Regional Outlook 2031

Massive MIMO refers to a Multiple Input Multiple Output (MIMO) technology for multiple users. Massive MIMO technology provides good service consistently to wireless terminals located in high mobility environments.

The primary concept of MIMO technology involves equipping base stations with arrays of antennae that are utilized to serve multiple terminals simultaneously in same time and frequency resource.

The multitude of antennae used in the concept gives the technology its name – massive MIMO.

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Massive MIMO: Market Dynamics

Massive MIMO is a compelling sub-6 Gigahertz wireless access technique for 5G technology deployment. Since the inception of massive MIMO technology as a wild academic concept, massive MIMO has evolved into one of the most attractive research and development topics in the wireless networking and communications domain.

Advancements in 5G standardization are enabling massive MIMO technology find new use cases, thus driving the global market.

Time Division Duplex (TDD) enhances customer experience and minimizes operator’s cost per bit with high data rates and increasing capacities for high definition voice and data.

High traction gained by Long Term Evolution (LTE) Advanced technology is another factor boosting the growth of global massive MIMO market. LTE Advanced technology resolves increasing issues pertaining to bandwidths, which take place due to high presence of users operating on single carrier service.

Lack of standardizations in allocation of spectrum is one of the key factors challenging the growth of global massive MIMO market. Standardizing allocation of spectrum is crucial for development of massive MIMO architecture across the globe.

This factor tends to have a great impact on economies of scale and provides clarity to vendors with respect to product development

Impact of COVID-19 Pandemic Outbreak on Massive MIMO Market

Rising infections across the globe are forcing national governments to declare nationwide lockdowns. These lockdowns are restricting the large scale deployment of 5G technology on global level.

Deployment of 5G technology in key industry verticals, like Automotive, Transportation and Logistics, was estimated to boost the adoption of massive MIMO solutions and services.

Lockdowns legislated by national governments to combat the spread of infections has restricted 5G deployment. Government and public sector and healthcare industry verticals are estimated to record a spike in adoption rates.

However, the overall growth rate is estimated to carry on undeterred with consistent adoption of 4G LTE.

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Massive MIMO Market: Competition Landscape

Some of the key vendors in the global massive MIMO market are

Nokia
Telefonaktiebolaget LM Ericsson
Huawei Technologies Co., Ltd.
Verizon
ZTE Corporation
Sprint
China Mobile Limited
SAMSUNG
Airtel
Deutsche Telekom AG
Others

Massive MIMO Market: Regional overview

Currently, the massive MIMO market in North America is leading on the global level. The dominance may be owed to early adoption of networking technologies in the region.

With advancements in automotive 5G technology, massive MIMO markets in Southeast Asia Pacific region and Europe are projected to record strong growth rates over the forecast period.

Dominant as well as emerging economies of U.S., U.K., Germany, India and Oceania are estimated to offer highly lucrative opportunities in terms of revenue generation from massive MIMO solution and service deployments.

The Massive MIMO market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and 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 segment.

The market report also maps the qualitative impact of various market factors on market segments and geographies.

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Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Rest of Europe)
East Asia (China, South Korea, Japan)
South Asia & Pacific (India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific)
Middle East and Africa (GCC Countries, Turkey, South Africa, Res of MEA)

Massive MIMO Market: Segmentation

The massive MIMO market can been segmented on the basis of technology, spectrum and antennae.

Technology :

5G
LTE Advanced Pro
LTE Advanced

Spectrum :

Frequency Division Duplex (FDD)
Time Division Duplex (TDD)
Others

Antennae :

8T8R
16T16R and 32T32R
64T64R
128T128R and Above

E-Commerce Market Assessment and Key Insights Analyzed Till 2031

Digitalization and internet penetration has led to a change in the shopping patterns of customers. Customers have made a transition from brick-and-mortar stores to e-commerce i.e. online shopping, as online shopping provides enhanced services and convenience.

The increasing adoption of e-Commerce market for FMCG is going to impact the retail omni-channel commerce market, as the software links the e-Commerce platform with the brick-and-mortar stores.

The real-time exchange of data among different devices creates large volumes of data that is available on public and private network connections. IoT is creating opportunities for retailers to offer technologically advanced products. All devices (laptops, PCs, smartphones, wearable, etc.) that are responsible for communication are also using IoT-based platforms in smart cities, which is expected to propel the growth of the e-Commerce market for FMCG sector.

Innovations in IT is fueling the growth of retail digitalization. Providing retailers a platform in order to satisfy the expectations of consumers has been the key motivation behind these technological innovations. The products offered by retailers are available on every channel.

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Impact of COVID-19 Pandemic Outbreak on E-Commerce Market for FMCG Market

Due to disruptions caused in the supply chain, the e-commerce market for FMCG declined by 5-7% in Q1 and Q2 of 2020. The lockdown enforced by government of many countries, has resulted in delivery delays or complete cancellation of orders. Several other challenges have emerged during this pandemic such as product safety concerns, inflating prices to irrationally high levels, cybersecurity concerns and deceptive practices.

However, to restrict the flow of coronavirus and to maintain social distancing and other measures led the customers to shift towards online shopping websites/sites and pay through online modes of payments. Thus the impact of pandemic outbreak on e-commerce market for FMCG will promote the further progress of new policies for online purchases and supply. Thus the market is anticipated to recover and grow at 2X by the end of Q4 2020.

E-Commerce Market for FMCG Market: Drivers and Restraints

Introduction of Subscription Based Business Model Is Attracting Small and Medium Enterprises to Adopt E-commerce

With the development of SaaS-based deployment of e-commerce software, subscription based business have pioneered and is effective for both customer and business. Subscription based business model enables hassle free payment options for the services rendered.

Then user can opt for subscription of monthly, quarterly or yearly plan based on the requirement of business. Recurring billing enables online billing and eliminates the repetitive manual payments for the services. An inevitable benefit for business is that the subscription based model increases revenue while building upon the business and customer relationships.

Thus with rising adoption of subscription based model, number of stores getting online are increasing significantly. Thus increasing number of stores on e-commerce platform is anticipated to boost demand of e-commerce market for FMCG, throughout the forecast period.

Retailers are offering features such as order online and pick up in-store by incorporating retail omni-channel platforms in order to increase their sales. With retail omni-channel platforms, retailers are able to satisfy customers seeking digital services and offerings. Some of the leading retailers who have adopted retail omni-channel platforms are Apple, Walmart, and Macy. Thus it is another factor fueling the growth of the e-commerce market for FMCG.

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E-Commerce Market for FMCG Market: Competition Landscape

Examples of some of the market participants in the global e-commerce market for FMCG market identified across the value chain include

Shopify, Inc.
SAP SE
Oracle Corporation
Magento Commerce (Adobe)
Salesforce.com, Inc.
Apttus
Intershop Communications AG
BigCommerce

Following are some key strategies and developments in the global e-commerce market for FMCG market:

In May 2019, PVH Asia Limited, a wholly owned subsidiary of PVH Corp. and one of the world’s largest apparel companies, selected Oracle Retail to modernize its customer experience and store technology. Its iconic brands include Calvin Klein and Tommy Hilfiger. PVH Asia will implement Oracle Retail Xstore and Oracle Retail Customer Engagement to connect with the next generation of consumers.

E-Commerce Market for FMCG Market: Regional Outlook

North America is the fastest growing e-commerce market for FMCG owing to the high rates of internet penetration in this region. East Asia is anticipated to follow North America in terms of sales growth, due to increasing number of startups and small businesses in this region contributing towards the growth of the e-commerce market for FMCG. North America and East Asia together holds around 50% share of the global e-commerce market for FMCG.

The E-Commerce Market for FMCG market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.

The report covers exhaustive analysis on

E-Commerce Market for FMCG Market Segments
E-Commerce Market for FMCG Market Dynamics
E-Commerce Market for FMCG Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia and Pacific (India, Malaysia, Indonesia, Singapore, Australia & New Zealand, Rest of South Asia and Pacific)
Middle East and Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of MEA)

E-Commerce Market for FMCG Market: Segmentation

The e-Commerce Market for FMCG market can be segmented on the basis of type, platform, and region.

By type :

Food & Beverage
Personal Care
Health Care
Home Care
Others

By platform :

Web-based
Mobile Application

Serial Device Servers Market Key Players, End User, Demand and Consumption by 2031

Serial device servers are networking devices that are used between the serial port of computer and local area network (LAN) for transferring the data. The serial device server can be connected to medical devices, robotic assemblage, printers, sensors, and other devices.

The serial device servers can be easily connected without security or authentication to any other serial device in the network and these devices can also be configured in various features similar to routers or Ethernet switches. Wired and wireless both networking structures are supported by these serial device servers.

In addition, serial device servers offer several operation methods to fulfill customer’s rigorous industrial automation requirements to ensure connection steadiness.

Serial-to-LAN or serial device servers adapters offers the necessary interface that enable serial only devices to be deployed in a fully networking environment. The users are focusing on the installation and deployment of the serial device servers which are quick and easy to configure.

The software development costs are drastically reduced as no extra programming costs are incurred at the host computer. Serial device server also offer secure industrial networking. Thus, increasing demand of cost effective solutions by industries is expected to drive the growth of serial device severs market during the forecast period.

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Impact of COVID-19 Pandemic Outbreak on Serial Device Servers Market

The COVID-19 pandemic outbreak has significantly affected the financial condition and production capacities of serial device server vendors. The spread of novel coronavirus has caused a widespread health crisis, which is negatively affecting the financial conditions of countries. In addition, the supply chains are disrupted significantly, due to the lockdowns imposed by government of most of the countries.

This is anticipated to lead to an economic downturn and negatively affect the demand for serial device servers market. The overall impact of COVID-19 on the serial device servers market is expected to depend on numerous factors, such as the actions taken by various government authorities worldwide in response to the pandemic, the global spread and duration of the pandemic, and the severity of the disease.

However, the serial device servers market is expected to decline by almost 5% by the end of Q4 2020.

Serial Device Servers Market: Drivers and Restraints

Increasing Vendor Investment to Boost Demand of Serial Device Servers

The vendors offering serial device servers are investing huge amounts to offer advanced serial device server. The companies are aiming to offer the devices which are low in cost and highly effective and can connect maximum number of devices. For instance, MOXA Technologies Co., Ltd., a provider of industrial networking products has invested millions of dollars each year to develop innovative and user-friendly products.

Thus, rising vendor investment is expected to contribute significantly in the market growth during the forecast period.

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Increased Use of Cloud Storage and Data Centers Is Significant Factor Propelling Growth of the Market

Increasing multi device ownership and internet penetration is fueling adoption of cloud services, including consumer cloud storage, also known as personal content lockers. Thus users can use an easy interface to share and store music, photos and videos.

As the amount of data generated increases continuously and it eventually creates need for storage spaces which ultimately tends to increase demand of serial device servers globally. Hence global serial device servers market is driven by growing cloud storage utilization and data centers.

Moreover, initiatives taken by government to adopt digitalization is anticipated to proliferate the growth of serial device servers market, throughout the forecast period.

Serial Device Servers Market: Competition Landscape

Examples of some of the market participants in the global serial device servers market identified across the value chain include

3onedata Co.Ltd.
Advantech Co., Ltd.,
ATOP Technologies
Brainboxes Limited
Digi International Inc.
Lantronix, Inc.
Moxa Inc.
Perle
TNS Asia Pacific Pte Ltd
others.

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Serial Device Servers Market: Regional Outlook

North America accords a major share in the global serial device servers market. As the Europe and North America have well-established and sustainable economies, it helps them to strongly invest in the research and development activities.

This, in turn, contributes to the development of latest technologies. Moreover, the start-up culture in North America is growing at a substantial pace along with SMEs, which is aiding to market growth. Similarly, East Asia and South Asia are taking numerous initiatives to spur the infrastructure that enables the users to adopt cutting-edge technologies.

Thus, the demand of serial device servers in Asia Pacific region is expected to grow at a significant rate, over the forecast period.

The serial device servers market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and 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 segment.

The market report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on

Serial Device Servers Market Segments
Serial Device Servers Market Dynamics
Serial Device Servers Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Technology Landscape
Value Chain of the Market
Market Drivers and Restraints

Serial Device Servers Market: Segmentation

The serial device servers market can be segmented on the basis of port, type, application, end-user and region.

By port :

Less Than 2 Port
4 Port
8 Port
16 Port and above

By type :

Wired
Wireless

By application :

Access Control Systems
Attendance System
POS Systems
Others

By end-user :

IT & Telecom
Retail
Healthcare
Government
BFSI
Energy & Utility
Others

Piezoelectric Sensors Market Size, Share, Trends, Segments and Forecast 2031

Piezoelectric sensors are the sensors capable of measuring temperature variations or pressure changes and also deviation in forces by taking advantage of mechanism of piezoelectric effect. Different materials used for segmentation of piezoelectric sensors are Piezoelectric Polymer, Piezoelectric Composites, Piezoelectric Ceramics, and Piezoelectric Crystals.

PZT sensors are manufactured & designed to meet most commercial specifications and these sensors are used to measure the mechanical deformation or the generated electric charge. PZT sensors can apply maximum pressure of thousand psi and the voltage measurement can range up to five volts.

These piezoelectric sensors include an extensive range of linearity over the dynamic range, ability to work independently of external power, low output noise, frequency, and ability to integrate acceleration signals to provide displacement and velocity. These unique features of PZT sensors are fueling the demand and hence fetching the growth of global piezoelectric sensors market.

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Global PZT sensors market is rising due to the wide array of applications of piezoelectric accelerometers (type of PZT sensors) in vehicle stability control, measuring aftershocks and earthquakes, airbag operations in cars, image stabilization in camcorders, depth of CPR chest compression, advanced gaming experience like PlayStation 3, and others.

Impact of COVID-19 Pandemic Outbreak on Piezoelectric Sensors Market

Owing to the spread of novel coronavirus, the semiconductor industry faced many problems with production and supply chain issues. As a result manufacturing plants are closing operation in Asian countries as well as there is unstable flow of resources from supplies in Asia. Thus the growth of PZT sensor has dropped over last few quarters, due to COVID-19 outbreak.

In addition the pandemic outbreak has negatively affected the manufacturing as well as automotive, electronics and few other industrial sectors. As major applications of PZT sensors are in automotive and industrial manufacturing sectors, the market declined by almost 5%, owing to the lockdowns enforced by the governments. However, the market are opening back and the PZT sensor market is anticipated to gain its momentum back by the end of Q1 2021.

Piezoelectric Sensors Market: Drivers

Stringent Safety Regulations and Standards of the Governments Are Boosting the Demand

Recent modifications of the governments of many countries in automotive safety standards made it mandatory for all the passenger vehicles to be equipped with vehicle stability control systems. The vehicles manufactured for sale in the U.S. need to include the stability control system compulsorily.

Accuracy and reliability of PZT sensors is a critical component for any stability control system. The automobile industry in the United States is highly developed and hence is significantly boosting the growth of piezoelectric sensors market in the globally.

Extensive Use in the Aerospace Industry Is Stimulating the Growth

The comprehensive range of applications of PZT sensors in the aviation and aerospace industry is propelling growth of the market. The variety of features like temperature stability, ruggedness, frequency response, adaptability, and various electrical characteristics enables the aerospace industry to utilize the PZT sensors for diverse functional needs.

The typical applications of PZT sensors in aerospace industry comprise of shock tube instrumentation, wind tunnel testing, and modal testing. The piezoelectric sensors are also used in ejection systems, landing gear hydraulics as well as rocketry among others.

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Piezoelectric Sensors Market: Competition Landscape

Examples of some of the market participants in the global piezoelectric sensors market identified across the value chain include

Morgan Advanced Materials
Piezomechanik GmbH
APC International Ltd.
Us Eurotek, Inc.
Piezosystem Ceramtec GmbH
Exelis, Inc.
Honeywell International Inc.
Piezo Solutions

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia and Pacific (India, Malaysia, Indonesia, Singapore, Australia & New Zealand, Rest of South Asia and Pacific)
Middle East and Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of MEA)

Piezoelectric Sensors Market: Segmentation

The piezoelectric sensors market can be segmented on the basis of type, application and region.

By type :

Piezoelectric Accelerometers
Piezoelectric Pressure Sensor
Piezoelectric Force Sensors
Others

By application:

Aerospace
Automotive
Healthcare
Industrial Manufacturing

Gas Fryers Market Research, Segmentation, Key Players Analysis and Forecast to 2030

Product automation pertaining to cooking and frying tools has significantly influenced the manufacturing trend in food industry. The customer surge for ease in product usability and energy efficiency has encourages companies to come up with new gas fryers with innovative features and technology.

The increasing gas fryers material innovation has driven the customers demand for them, which in turn is fueling the growth of gas fryers market.Gas floor fryer has comparatively fast heating ability as compared to electric fryers.

This is increasing customers inclination towards gas fryers. On the other hand marketing strategies adopted by the key players in the market are increasing product awareness among the users.

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Trends for Gas Fryers Market

The partnership among manufactures and online stores has shifted the retailing trend pertaining to the sale of gas fryers market. Moreover, some restaurants are now engaged in purchasing gas fryers in bulk from e-retailers also.

On the other hand, availability of high variety in gas fryers though e-Commerce websites is significant attracting residential user towards product purchase.

Key players in the global gas fryers market are focused on increasing spending in research and development pertaining to the automation in gas fryers.

Automation in gas fryers has boosted the sales of gas fryers due to their high adoption in USA, UK, Japan and other developed countries.

Opportunities for Gas Fryers Market

Hybrid gas fryers can be used for various purpose. Thus, sales of hybrid gas fryers by companies is expected to register growth opportunities in the near future. This attracts a large number of consumer base which helps company to growth globally.

Challenges for Gas Fryers Market

High price associated with the gas fryers restricts the growth of market in the residential segment On the other hand, shutting down of hotels and less visitors at restaurants has negatively impacted the demand of gas floor fryers market in the commercial segment.

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Global Gas Fryers Market: Key Players

Some of the key players operating in the global Gas Fryers market are

Avantco
Ali
Middleby
Henny Penny
Welbilt
Anets
Empura Picto
llinois Tool Works
Dean
Vulcan
Globe
Bakers Pride
Southbend
Henny Penny
Frymaster and others.

Product offering thorough company own website is registering growth opportunities for the key players in the market.

Gas Fryers Market: Regional Outlook

Increasing trend pertaining to modular kitchen has supported growth of gas fryers market in East Asia and South Asia. Middle East and Latin America are witnessing growth opportunities in the gas fryers market due to increasing collaboration between regional players and global players.

Large number of franchise stores and restaurants support the significant share of North America in global gas fryers market. On the other Europe witness a high adoption of premium gas fryers.

Customers opting for additional features and shifting retailing trends in Oceania region is positively influencing the growth of gas fryers market in the region.