Rapid Infuser Market is set to enjoy a valuation of US$ 1.01 Billion during the forecast by 2022

The global rapid infusers market has relatively less impacted by the COVID-19 pandemic, with a new report by Future Market Insights (FMI) estimating market revenues to grow at 4.5% through 2030. While growing focus on advanced and novel care is driving growth, high cost, combined with concerns about efficacy continue to limit adoption.

Key Takeaways

  • Market revenues will surpass USD 817 million, with anaesthesia, and emergency healthcare applications being the primary driving factors
  • Hospitals will remain the leading end users, while ASCs are also likely to reflect steady growth on the back of growing adoption in outpatient medical procedures.
  • Trolley mounted offerings continue to witness market preference, owing to portability and ease of use in hospital settings, accounting for ~70% of market share.
  • North America followed by Europe, are leading regional markets for rapid infusers, supported by the massive investments into the healthcare sector, and easier access to new hospital and emergency care technologies.

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“The global market for rapid infusers is driven by growing number of surgical procedures and high risk of hypothermia and hypovolemia. This product is also widely considered an important intervention in life-threatening ailments such as sepsis. These issues are major influencers in terms of market development through the forecast period,” said a lead analyst from FMI.

Covid-19 Impact on Rapid Infusers Market

The COVID-19 pandemic is expected to marginally impact the rapid infusers market. Demand largely remains stable as rapid infusers are standard equipment in most healthcare facilities for critical care applications. The demand for reusable rapid infusers is likely to fall in favor of single-use alternatives, owing to concerns over viral transmission.

Potential disruptions of raw material and component supplies due to lockdown and trade restrictions are concerns. However, the essential natures of the products, makes the industry largely exempt from government restrictions. Demand is unlikely to change substantially even in the post-pandemic period as applications in urology, gynecology, and ICUs continue unabated.

Who is Winning?

In a new report, Future Market Insights has provided comprehensive details on essential business strategies that find roles in the rapid infusers market. Market leaders in the industry have been emphasizing on the expansion of their portfolios with efforts on product research. Also, strategic acquisitions are gaining ground in the industry.

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3M, GE Healthcare Inc., ZOLL Medical Corporation, Stryker Corporation, Teleflex Incorporated, Smith’s Group plc, Soma Technology Inc., Smisson-Cartledge Biomedical, and Becton, Dickinson and Company are some of the key companies operating in the rapid infuser market.

More Insights

The Future Market Insights report has given readers a detailed analysis of the global rapid infusers market, with critical information on historical demand (2015-2019) and for forecast statistics (2020 – 2030). The report also encompasses a detailed analysis in terms of costs, pricing, and other major dynamic factors that influence tech developments and production decisions for rapid infusers in varied healthcare applications.

Key Segments

Product Type

  • Trolley Mounted Devices
  • Handheld Devices
  • Accessories

Usability

  • Single Use
  • Reusable

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End User

  • Hospitals
  • ASCs
  • Specialty 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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Patient Identification Wristbands Market value of around US$ 460.3 Million of 2022

Patient safety is the key focus for healthcare organizations around the world. As a result, they are mobilizing latest technologies to offer safer and improved patient care. Patient identification solutions are therefore rolled out across hospitals and specialty clinics to ensure accuracy in patient identification and administer effective treatment that complement’s with patients’ health requirements.

In a recent report, Future Market Insights (FMI) studies the scope for expansion of the patient identification wristbands market. The report forecasts the market to record a robust expansion at nearly 7.9% CAGR between 2022 and 2030. Besides soaring cases of infection and focus on streamlining hospital management while saving time and cost incurred will drive the market for patient identification wristbands market.

The report sees lucrative prospects for the market in the rising implementation of radio frequency identification tags (RFID) technologies in the healthcare sector. With the uptake of automated identification technologies hospitals and other healthcare institutions are aiming at saving time and cost incurred by providing real-time identification, traceability, temperature, communication, and location data of patients.

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Using health information technology to improve patient care has become a top priority for healthcare organizations around the world. Besides this, technologies such as patient identification wristbands promise to up the overall quality of patient care. FMI sees the rising focus on improving the overall quality of services as a key factor driving the market for patient identification wristbands.

Some of the key takeaways from the report are:

  • The market for patient identification wristband was valued at US$ 374.7 Mn in 2019
  • North America is forecast to remain a lucrative market, driven by strong demand in the US
  • South Asia and East Asia markets are forecast to rise at a higher CAGR
  • Market is forecast to remain competitive, thanks to the high degree of fragmentation yet tier one companies are expected to hold sway
  • Demand for better managing patient care and monitoring treatment administered amid soaring cases of chronic ailments, patient identification solutions will prove indispensable to healthcare sector

COVID-19 Impact on Patient Identification Wristbands Market

Partial and complete lock down of economies during pandemic crisis has greatly hampered the production of patient identification wristbands. The unprecedented COVID-19 outbreak has yet again brought the fragile pharmaceutical supply chain to the limelight.

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Emergency care as well as supply of drugs are hampered during pandemic and so is the production of patient identification wristbands. While operations in the market is expected to remain sluggish, they are forecast to recover amid rising demand from June 2020.

The market is likely to experience short-term negative impact owing supply chain disruptions caused by the pandemic crisis. However, government stimulus to essential services such as healthcare, will help the market stay afloat amid the tumultuous times.

Who is winning?

The presence of several companies has rendered the patient identification market highly fragmented. Competition witnessed in the market is therefore soaring, although majority of share is held by the tier 1 companies.

In order to navigate through prevailing competition, most companies are aiming at making a mark overseas. For this, they are adopting strategic collaborations to expand their footprint worldwide and boost their product portfolio.

Some of the companies have even invested in setting up new facilities in the past to gain competitive advantage. For instance, in March 2018, Medline opened a new warehouse in the U.K. to leverage and support their business operation in the country.

To Know More about Patient Identification Wristbands Market:

A new market research report published by Future Market Insights (FMI) on the global patient identification wristbands market offers an executive-level blueprint of the market. It offers insights into demand trends and provides analysis of opportunities over the forecast period, 2020-2030. The report examines the market through six different segments – product, materials, closure type, age group, end use, and region. The report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the supply of patient identification wristbands and product adoption across several end-use industries.

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About the Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage here

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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Molded Case Circuit Breaker (MCCB) Market : Notable Developments & Geographical Outlook 2022 to 2032

Expanding electric power distribution network is the key factor contributes the growth of global molded case circuit breaker (MCCB). Molded Case Circuit Breaker (MCCB) is a miniature circuit breaker used to protect an electrical circuit from short circuit and also to safely connecting and disconnecting loads from the electrical source. Molded Case Circuit Breaker (MCCB) generally works based on the two elements: thermal element for overcurrent and magnetic element for short circuit release. Molded case circuit breaker (MCCB) are manufactured in such a way that the end user will not have access to internal workings of the over-current protection device. Molded case circuit breaker (MCCB) comprises of five major components including operating mechanism, molded case, arc extinguishers, contacts, and trip components. Molded case circuit breakers (MCCB) are available from 32 amperes up to 3000 amperes, with various operating mechanisms such as thermal magnetic release, electronic release, and microprocessor release. Thermal magnetic, electronic release, and microprocessor release utilizes bimetals and electromagnetic assemblies, power electronic circuitry and microprocessors to provide overcurrent protection respectively

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Molded Case Circuit Breaker (MCCB) Market: Market Dynamics
Molded-case circuit breakers are used to connecting and disconnecting low-voltage circuits and protect wiring by automatically isolating the circuits when they’re overloaded or if a short-circuit occurs. Rising electricity consumption coupled with expanding power distribution network is the key factor contributes the growth of global molded case circuit breaker (MCCB) market. Continuous adoption to circuit barker power protection solutions by residential, industrial, commercial sector across various regions globally accelerates the growth of global molded case circuit breaker (MCCB) market. Growing importance to implement rigorous practices to minimize arc flash hazards in high voltage environments and expanding electrical safety compliance requirements in manufacturing and energy sector further fuels the growth of global molded case circuit breaker (MCCB) market. However high cost possibilities of delayed tripping since the operating characteristics of the breaker vary depending on the ambient temperature are the minor factors identified as restraints which may deter the progression of global molded case circuit breaker (MCCB) market.

Molded Case Circuit Breaker (MCCB) Market: Market Segmentation
The global molded case circuit breaker (MCCB) market is segmented on the basis of power range, end- user, and by region.
Molded Case Circuit Breaker (MCCB) Market: Segmentation on the basis of Power Range
0–75A
75–250A
250–800A
Above 800A

Molded Case Circuit Breaker (MCCB) Market: Segmentation on the basis of End User
Residential
Commercial
Manufacturing
Power Generation, Transmission and Distribution
Government
Others

Molded Case Circuit Breaker (MCCB) Market: Regional Outlook
Among all regions, molded case circuit breaker (MCCB) market in North America is expected to dominate the market, due to stringent compliance requirements on electrical safety. Asia-Pacific is projected to be the fastest growing market due to rapid industrialization and expanding commercial and residential infrastructure.

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Molded Case Circuit Breaker (MCCB) Market: Competition Landscape
Some of the prominent players in the globalmolded case circuit breaker(MCCB) marketincludes General Electric, Eaton, Mitsubishi Electric Corporation, Fuji Electric FA Components & Systems Co., Ltd, Schneider Electric, Siemens AG, Hitachi Industrial Equipment Systems Co.,Ltd., Rockwell Automation, Inc.( Allen-Bradley), and Legrand

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Loop-mediated Isothermal Amplification (LAMP) Market is expected to reach US$ 120.4 Million by 2028

Global demand for loop-mediated isothermal amplification technology reached around US$ 85 million in 2018, as indicated by a new research study of Future Market Insights (FMI). Estimated to observe stable growth in revenue over the coming years, loop-mediated isothermal amplification market will witness dominance of DNA polymerase, among the various product types.

Dominance of DNA Polymerase Adoption to Prevail, LAMP Instruments to Emerge Lucrative

DNA polymerase will continue to find highest applicability in both research and diagnostics. According to FMI’s report, DNA polymerase will be the key revenue generating product in loop-mediated isothermal amplification market over the period of projection. However, the report also highlights that instruments such as turbidimeters and fluorescence measuring systems will prominent traction in loop-mediated isothermal amplification market through 2028.

Amongst various loop-mediated isothermal amplification technologies, micro-fluidic technology majorly, have been successfully used in the diagnosis of several diseases including malaria and tuberculosis. Loop-mediated isothermal amplification using DNA polymerase has seen a rapid rise in the past several years due to the high adoption of loop-mediated isothermal amplification in testing.

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The application of these Loop-mediated isothermal amplification in assessing and directing diagnosis in certain types of disease, such as acute malaria, has provided a new dimension to the gradually growing field of minimal residual disease management.

High Penetration of Cutting-edge Technology Molecular Diagnostics of Fatal Diseases to Push LAMP Market Growth

The simplicity sensibility and specificity of loop-mediated isothermal amplification puts it in a very good position for future development in life threatening disease diagnosis. It is anticipated that the loop-mediated isothermal amplification market will grow significantly during the forecast period, owing mainly due to demand for advanced molecular diagnostics to accurately diagnose life-threatening diseases.

In recent years, the detection and identification of nucleic acids using point-of-care total nucleic acid analysis systems and procedures are in rise including loop-mediated isothermal amplification in various clinical and industrial settings. Besides loop-mediated isothermal amplification has also challenged PCR based amplification as it could achieve enhanced nucleic acid amplification by increasing surface area to volume ratio with reduced testing cost.

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Macroeconomic indicators such as government funding for advancement and increased research on disease epigenetics; establishment of network of distribution and marketing agreements to ensure availability of products to different loop-mediated isothermal amplification end users globally; liberalization of import and export trade on point of care diagnostic devices and chemical reagents are also anticipated to propel the growth of the loop-mediated isothermal amplification market.

Key Challenges Facing Development of Loop-mediated Isothermal Amplification Market

On the grey side, loop-mediated isothermal amplification has several intrinsic disadvantages such as its amplification method is devoid of an internal PCR inhibition control (IC). It is essential to perform all the reactions in duplicate, one being or the target and the other one for the IC in loop-mediated isothermal amplification assay.

Moreover, most standard DNA polymerases are unable to exhibit activity in samples derived from crude lysate due to the presence of polymerase inhibitors. This adds complexity to the loop-mediated isothermal amplification processing due to additional steps involved in purifying DNA to be used for amplification, which could also result in loss of starting material.

Loop-Mediated Isothermal Amplification Market: Additional Questions Answered

  • What is the revenue potential of the Loop-Mediated Isothermal Amplification Markets across North America and Europe?
  • Who are the key competitors and what are their portfolios in the Loop-Mediated Isothermal Amplification Market?
  • What are the major challenges influencing the growth of the Loop-Mediated Isothermal Amplification Market?
  • How is intervention from regulatory authorities shaping the growth of the Loop-Mediated Isothermal Amplification Market?

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Regions with High Disease Prevalence to Reflect High Growth Potential for LAMP Market

Due to increase in prevalence of malaria and other pandemic diseases, regions such as East and South Asia are anticipated to be the fastest growing regional loop-mediated isothermal amplification markets and are poised to offer tremendous opportunities to key players.

The increase in disease prevalence will increase the demand for the use of loop-mediated isothermal amplification for point-of-care diagnosis. Besides, distribution & collaboration agreements by leading players of loop-mediated isothermal amplification products with the established local distributors in the regions will fuel the market growth of both the regions.

The loop-mediated isothermal amplification market report tracks some of the key companies operating in the global loop-mediated isothermal amplification market such as :

  • Eiken Chemcial Co.Ltd
  • New England Biolabs
  • Jena Bioscience GmbH
  • NIPPON GENE CO.
  • LTD
  • HUMAN
  • Optigene
  • HiberGene Diagnostics
  • Meridian Bioscience Inc.
  •  Mast Group Ltd.

Key Segment

Based on product type

  • instruments
    • incubation systemsTurbidimeters
    • Agarose gel electrophoresis
    • fluorescence measuring systems
  • kits & reagents
    • DNA polymerase
    • Primer Mix
    • DNA Polymerase &Primer mix
    • dyes
    • other reagents

Based on Technology

  • microfluidic technology
  • advanced infrared optical technology
  • modern microsystem technology

Based on Application

  • diagnostic
  • research purpose

Based on End User

  • hospital & laboratories
  • research & academic institutes
  • others

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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Herpes Labialis Treatment Market is expected to register a CAGR of nearly 4.7% over the forecast period 2022-2028

Attributed to rising penetration of generics and innovations in disease treatment, the US$ 869.3 Mn global herpes labialis treatment market is anticipated to expand at a CAGR of 4.7% over 2022-2028, attaining a value worth US$ 1,358.7 Mn by 2027 end. Over a 10-year forecast period, the demand for herpes labialis treatment is likely to be driven by growing instances of viral infection worldwide and evolution of drug types and modes of action. Moreover, strategic M&A activities among leading industry players as well as amplifying investments in R&D ventures will also turn out to be profitable for the global herpes labialis treatment market during the assessment period.

North America to Maintain Leading Regional Market Position

Supported by strong presence of a few of the key industry players, North America’s herpes labialis treatment market is expected to continue its dominance throughout the forecast period. While this region registered over 35% value share, Western Europe recorded a share of over 20% in 2017. North American region is presumed to exceed the revenues worth US$ 450 Mn by the end of 2027, observing a declining CAGR of 3.9%. Although the US will lead the North American region, Future Market Insights projects that Canada will witness higher adoption of herpes labialis treatment in the assessment period.

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On the flipside, emerging regional markets such as APEJ, MEA, Eastern Europe, and Latin America will see rapid growth in the forecast period. APEJ is identified to be the fastest growing market at a promising CAGR of 5.7%, followed by MEA, predicted to grow at 5.3% CAGR over 2022-2028. Strengthening efforts and accelerating investments in the examination of the clinical efficacy of drugs, increasing expenditure on R&D infrastructure, growing consumer awareness, and development of advanced, cost-effective treatment options at a rapid pace, will collectively lift the market in emerging countries up. Moreover, lenient FDI policies that govern the pharmaceuticals industry in developing economies prompt at the inflow of a series of opportunities for drug companies to explore these regional markets in near future.

Key Market Players

Some of the leading players competing in the global herpes labialis treatment market include Novartis AG, Valeant Pharmaceuticals International Inc., Pfizer Inc., Abbott Laboratories, Mylan NV, Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., and GlaxoSmithKline plc. A majority of key players are directing their efforts towards extension of existing product portfolio, while others are focusing on strategic mergers and acquisitions in order to grab larger market shares in terms of revenue. Many top brands are looking forward to capitalize on growing opportunities in emerging regional markets.

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Herpes Labialis Treatment by Category Drug Type:

  • Acyclovir
  • Valacyclovir
  • Penciclovir
  • Famciclovir
  • Docosanol
  • Others

Route of Administration:

  • Oral
  • Topical
  • Combination

Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • Online Pharmacies

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Region:

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

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

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Retail Warehouse Management Systems Market Comprehensive Shares, Historical Trends And Forecast By 2032

The development of e-commerce and increased technological investment in emerging regions such as North America and Asia Pacific is creating demand for retail warehouse management systems significantly. Due to automation of warehouse management using various technologies is cutting expenses of workforce allocation.

According to forecasts, the global retail warehouse management systems market will generate around US$ 6,396.8 million in revenue by 2032, up from US$ 1,930.9 million in 2022, with a CAGR of 12.7% over the forecast period (2022-2032).

Retail warehouse management systems aids in streamlining the operation of supply chain management, logistics and product scheduling in retail enterprises. There are several benefits of this system which include the reduction in inventory, labor costs, increased customer service and inventory efficiency.

Retail warehouse management system offers solutions for scheduling of goods required in stock where less safety stock needed due to greater efficiency in inventory. Advanced technologies used in retail warehousing provides material handling equipment which helps in moving of goods in warehouse efficiently.

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Retail Warehouse Management Systems Market: Market Dynamics

Increasing awareness of cloud-based technologies and reduced transportation costs is fueling the growth of retail warehouse management systems market.

Higher investment in ERP and deployment of warehouse management system and lack of IT infrastructure are restraining the growth of retail warehouse management systems market.

Increasing demand of e-commerce in the retail sector is the latest trend in retail warehouse management systems market.

Global Retail Warehouse Management Systems Market: Competition Landscape

Few prominent players in Retail Warehouse Management Systems market includeInfor Inc., LogFire Inc., Manhattan Associates Inc., Made4net LLC, JDA Software Group, Inc., Oracle Corporation, SAP SE, Softeon, Inc., Synergy Logistics Ltd., HighJump Software Inc., Swisslog Holding AG, Tecsys, Inc., Indigo Software, Inc., Provia Software, Inc, NetSuite Inc., EXE Technologies, Royal 4 Systems and NCR Corporation.

Retail Warehouse Management Systems Market: Regional Outlook

Presently, Europe is estimated to hold the largest share in retail warehouse management systems market followed by North America, Asia-Pacific, and MEA regions. Asia Pacific is expected to contribute for the significant growth in the forecast period owing to the adoption of advanced technologies and cloud-based warehouse management systems in the retail sector is fueling the retail warehouse management systems market.

Regional analysis for Global Retail Warehouse Management Systems Market includes

  • North America Retail Warehouse Management Systems Market
  • Latin America Retail Warehouse Management Systems Market
  • Eastern Europe Retail Warehouse Management Systems Market
  • Western Europe Retail Warehouse Management Systems Market
  • Asia Pacific Retail Warehouse Management Systems Market
  • Japan Retail Warehouse Management Systems Market
  • Middle East and Africa Retail Warehouse Management Systems  Market

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.

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Global Retail Warehouse Management Systems Market: Market Segmentation

Retail Warehouse Management Systems market divided into three segments, based on component, enterprise type, technology, and region.

Segmentation by component in Retail Warehouse Management Systems market:

  • Software
  • On-premise
  • Cloud-based
  • Services
  • Operations and Maintenance
  • System Integration
  • Consulting

Segmentation by enterprise type in Retail Warehouse Management Systems market:

  • Small and medium enterprise
  • Large enterprise

Segmentation by technology in Retail Warehouse Management Systems market:

  • Supply chain management system
  • ERP warehouse applications
  • Vendor management system
  • RFID solutions

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Motion Control Software in Robotics Market 2022 | Present Scenario and Growth Prospects 2029

The Motion Control Software in Robotics Market is anticipated to grow at an impressive CAGR of 19.6% between 2022 and 2029, surpassing a valuation of US$ 10.81 Bn in 2022 and US$ 37.86 Bn by 2029. With automation and robotics gradually taking over industries, the focus is now shifting towards robotics software. It is believed that innovation in software can take robotics to the next level in the future. Leading manufacturers are now focusing on developing new software features that allow better control of robots, quick customization of sequences, and improved overall efficiency. Currently, motion control software in the robotics market represents a 20.0% share of the global robotics market.

According to the report’s findings, the global motion control software in the robotics market is expected to experience significant growth over the forecast period owing to several driving factors such as increasing demand for vision-guided robots.

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The attractiveness of the developed market remains the same

In terms of value, Asia Pacific excluding Japan has a high market share. However, regions like North America and Western Europe are expected to foresee the growth of motion control software in the robot market during 2022-2029.

The growth of motion control software in the robot market is being driven by increasing robot adoption in various industries in countries such as China, among other countries in Asia Pacific excluding Japan region.

In addition, it is increasing in North America and Western Europe due to macroeconomic factors such as rapid industrialization, urbanization, and increased investment.

The adoption of motion control software in robotics in the manufacturing industry and oil and gas refineries

The global motion control software in robot market is segmented by robot type, robot system type, application, software, offering, software by motion type, end use and Asia Pacific excluding North America, Latin America, Western Europe, Eastern Europe, Japan, Japan, Middle East and Africa.

The end-use manufacturing industry segment is expected to hold a prominent market share. This is primarily driven by the increasing use of robotics software in the manufacturing industry to perform repetitive tasks such as assembly, material handling, and pick and place. The oil and gas refining sector will also stand out during the forecast period.

The increasing use of robotics software in oil and gas refining improves operator safety as software automates the repetitive and risky task of connecting drill pipes as they drill miles of seawater and oil-bearing rock.

Motion Control Software in Robotics Market: Vendor Insights

The report highlights some prominent market players who have established themselves as leaders in the global motion control software in the robotics market. Some of the major players in motion control software in the robotics market include ABB Ltd, Fanuc, Teradyne, KUKA AG, Yamaha, Yaskawa Electric Corp, Denso Wave, Omron Corporation, and Nachi Robotics System.

The global motion control software in robotics market has been heavily integrated with some of the players who hold prominent shares of the market. This player provides robotics motion control software under names such as ActinSDK, KUKA Pick Control.

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Motion Control Software in Robotics Market by Category

By Robot Type:

  • Articulated
  • Cartesian
  • Cylindrical
  • Polar
  • SCARA
  • Delta

By Robotic System Type:

  • Manipulation Robotic System
  • Mobile Robotic System
  • Data Acquisition and Control Robotic System

By Application:

  • Industrial Robot
  • Medical Robot
  • Consumer Robot

By Offering:

  • Standard
  • Customized

By Software:

  • Pick & Place
  • Drilling
  • Hold & Rotate
  • Painting
  • Striking, Punching & Blanking
  • Welding

By Motion Type:

  • Linear
  • Rotary
  • Oscillatory
  • Omni-Directional

By End Use:

  • Manufacturing Industries
  • Oil & Gas
  • Healthcare
  • Research Academia
  • Others

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.

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Feminine Hygiene Products Market growing at a CAGR of 7.0% during the forecast period by 2031

According to the recent Future Market Insights (FMI) report, the global feminine hygiene products market value is estimated to surpass US$ 27.6 Bn in 2021, with a CAGR of 7.0% during the forecast period (2021-2031).

Around 49% of the global population is female and nearly 65% of them are aged between 15 and 65 years, thereby indicating a significant opportunity for manufacturers of feminine hygiene products.

Government organizations are focusing on women’s health and hygiene with the help of launch of various awareness programs and funding activities. These programs include detailed education about menstruation, puberty, and the advantages and health benefits of using hygiene products.

They are also providing sanitation kits to girls studying in government schools and colleges in rural areas, particularly in developing economies around the globe. For instance, in 2017, the Department of Education in KwaZulu-Natal (KZN) of South Africa set aside Rs 50 million to fund the distribution of sanitary towels and napkins to various schools in the region.

Additionally, rising female populations in countries such as India, Ghana, and Nigeria will create lucrative opportunities. Concerns regarding disposal, have resulted in the introduction of reusable menstrual cups. These cups are made from medical grade silicon or latex and cost between US$ 20 and US$ 50 per pack and can last for nearly five years. Such innovations will give tailwinds to growth registered in the market.

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The impact of the ongoing COVID-19 pandemic on production of feminine products has been negligible despite short term disruptions of transportation and logistics.

Key Takeaways from Feminine Hygiene Products Market Study

  • Sanitary napkins are the largest and fastest growing segment accounting for nearly half of the market by 2031, with a CAGR of over 8%.
  • Supermarket are projected to account for over 22% of the global market by 2031. This is attributed to robust supply channels for consumer health products.
  • East Asia is the largest revenue-generating region for feminine hygiene products, with the China accounting for nearly 81% of the regional market in 2021.
  • Germany holds the lead in Europe, and is expected to accounting for over 18% of the market in 2031.
  • South Asia is the second most lucrative market after East Asia with India accounting for over 75% of the value share in 2031.

Some of the leading manufacturers of the feminine hygiene products market are focusing on mergers and acquisitions for global expansion. Thus, enhancing their market presence.

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The key market players covered by FMI include Procter and Gamble, Johnson and Johnson, the Kimberly-Clark Corporation, Svenska Cellulosa Aktiebolaget SCA, Sanofi S.A, Lil-lets UK Limited, Ontex, Unicharm Corporation, Diva International Inc., and Edgewell Personal Care.
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

Feminine Hygiene Products Market by Category

Product type:

  • Sanitary Napkins
  • Tampons
  • Menstrual Cup
  • Panty liners
  • Feminine Hygiene Wash

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Distribution Channel:

  • Hypermarket
  • Supermarket
  • Convenience Stores
  • Department Stores
  • Retail Pharmacies
  • Online Purchase

Region:

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

About FMI:

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

Contact:

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Analgesics Market is expected to reach US$ 133.6 Billion during the forecast period by 2031

As per a thorough research by FMI, the Global Analgesics Market is poised to top US$ 77.3 Bn in 2021. Increasing demand for opioid drugs for pain management in the countries such as China, India, the U.S., and Japan is facilitating the growth in the market.

Increasing need for palliative care and rising prevalence of neuropathic, inflammatory, and chronic pain is bolstering the demand for pain management solutions. Driven by this, the analgesics market is anticipated to surpass US$ 133.5 Bn by 2031.

Analgesics drugs such as methadone, codeine, acetaminophen, and others provide effective solutions to aforementioned ailments. Hence, increasing palliative care has assisted the market to account for nearly 93% of the pain management sales in 2021.

Further, rising government initiatives for providing better prevention and management of chronic pain are favoring the growth in the market. Also, growing prevalence of physiological injuries, phantom aches, and surgeries across China and India are accelerating the sales.

As per FMI, the analgesics market is poised to expand at 5.6% CAGR over the forecast period 2021-2031 in comparison to the 4.4% CAGR registered over the past half-decade.

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Based on drug type, the nonsteroidal anti-inflammatory drugs (NSAIDs) segment is projected to register swift growth, expanding at 4.1% CAGR between 2021 and 2031. Growing emphasis on prevention of diversion in prescription opioid medications is a primary factor driving the growth in the segment.

Key Takeaways from Analgesics Market Study

  • The U.S. is estimated to continue dominating the North America market, accounting for nearly 86.5% of the regional demand share in 2021.
  • Germany is anticipated to emerge as the most remunerative market in Europe, contributing nearly 23.2% of the sales through 2031.
  • China is expected to account for 54.3% of the share in East Asia, expanding at a robust CAGR of 9.3% over the assessment period.
  • Japan analgesics market is projected to register a swift growth, expanding at a CAGR of 6.6% between 2021 and 2031.
  • Surgical pain is forecast to account for the lion’s share in the indication segment, accounting for around 53.3% of the sales in 2021.

Key Drivers

  • Growing number of cancer treatments and rising commercialization of non-abusive drugs across the U.S., Japan, Germany, China, and others are spurring the sales in the NSAID segment.
  • Rising concerns of facial and body aesthetics are increasing aesthetic surgical procedures such as eyelid surgeries, breast implantation, and abdominoplasty, spurring analgesics sales across the surgical pain segment.

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Key Restraints

  • Side effects associated with opioid drugs such as clouded thinking, nausea, drowsiness, constipation, and psychological & physical addiction are hindering the sales across the opioid drug segment.
  • Stringent government regulations regarding manufacturing, storage, marketing, and selling analgesic drugs are restraining the growth in the market.

Competitive Landscape

Prominent companies in the global market are focusing of introducing novel non-opioid drugs to gain competitive edge. Some of the other players are focusing on entering in mergers, acquisitions, collaboration, and agreement with other manufacturers to expand their product portfolio and strengthen their global foot print. For instance,

  • In July 2020, Teva Pharmaceuticals, an Israeli multinational pharmaceutical company announced expanding its operations in Japan by focusing on commercializing a selection of complex generics and specialty assets to meet patients’ medical needs. This will assist the company to expand its customer base in Japan.
  • In May 2020, Assertio Therapeutics, Inc., an American specialty pharmaceutical company, entering into a merger agreement with a produces and distributes pharmaceutical products, Zyla Life Sciences to create a synergistic portfolio of neurology, inflammation, and non-opioid pain products. The merger will assist both the companies to expand their product portfolio and increase their market share.

Some of the key players operating in the market profiled by FMI are:

  • Pfizer Inc.
  • Sun Pharmaceutical Industries, Inc.
  • Sanofi SA
  • AbbVie Inc. (Allergan plc)
  • Teva Pharmaceuticals
  • Boehringer Ingelheim International GmbH
  • Janssen Pharmaceuticals, Inc. [Johnson & Johnson]
  • Endo Pharmaceuticals Inc.
  • Purdue Pharmaceuticals L.P.
  • Assertio Therapeutics, Inc.
  • Mallinckrodt Pharmaceuticals
  • Bayer AG
  • GlaxoSmithKline plc.
  • Bausch Health Companies Inc.
  • Novartis AG
  • Others

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More Valuable Insights on Analgesics Market

The recent study by FMI provides a detailed analysis of the global analgesics market, providing credible insights into key factors driving the market over the assessment period. The study also disclosed growth projections on in analgesics market with detailed segmentation:

By Drug Class

  • Opioids
    • Morphine
    • Codiene
    • Fentanyl
    • Meperidine
    • Methadone
    • Tramadol
    • Oxycodone
    • Dextromethorphan
    • Buprenorphine
    • Others
  • NSAIDs
  • Local Anesthetics
  • Acetaminophen

By Indication

  • Surgical pain
  • Cancer Pain
  • Neuropathic pain
  • Others

By Route of Administration

  • Oral
  • parenteral
  • transdermal
  • Others

By Distribution Channel

  • Hospital pharmacies
  • Retail pharmacies
  • Drug Stores
  • Online pharmacies

Key Questions Covered in the Report

  • The report offers insight into analgesics market demand outlook for the forecast period 2021-2031
  • The market study also highlights projected sales growth for analgesics market between 2021 and 2031
  • Analgesics market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
  • Analgesics market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

About FMI:

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

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
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GaN Micro LED Market 2022 Development Status, Competition Analysis, Type and Application 2029

GaN micro-LED has been in the research laboratories for years, and the launch of Samsung’s Micro-LED displays, featuring self-emissive technology and modular capabilities, left consumers curious about the emerging technology. FMI report expects that GaN micro-LED will soon be a mass market proposition, as an array of millions of microscopic LEDs is set to replace incumbent technologies such as LCDs and OLEDs and penetrate major digital displays markets.

Despite their extremely high price tag and significant complexity in design, GaN micro LEDs are gradually finding acceptance in a wide range of applications, in the view of greater efficiency, improved brightness, and lower power consumption. As the war of innovation supremacy continues in the display markets, GaN micro-LED market players are putting greater emphasis on bringing the production challenges under control and costs down.

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FMI’s analysis projects the sales of GaN micro-LED to ramp up at an impressive CAGR of 43.5% during the period, 2019-2029, as the technology promises to offer better and brighter displays as well as lighting than the current solutions. Sensing the application potential of GaN micro-LED in newer models of TVs, smartwatches, AR devices, and head-mounted systems such as Google Glass, stakeholders are making rigorous investments in R&D and deepening their collaborations with technology solution providers.

Mid Power Micro-LEDs for Lighting Applications to Capture Robust Share

As indicated by the study, the consumption of mid-power GaN micro-LEDs, which accounted for ~75% share in 2018, will become a mainstream for lighting applications in the years ahead. However, significantly large percentage of the cost of mid power micro-LEDs goes to packaging, thereby limiting the advantage of lowering its overall costs. On the hand, demand for low power micro-LEDs is likely to garner significant traction in the future, in the view of maintaining full brightness without the loss of noticeable display brightness over the entire illumination time.

Greater demand for GaN micro-LED displays will continue to influence the growth strategies, accounting for ~79% share in 2018. As identified by the FMI analyst, gains will remain driven by growing demand for visual aspects in modern-day devices, increasing need for high luminance in small format for near-to-eye display devices, and the demand for high resolution and efficient luminance in battery-powered consumer electronics.

Market Gains Underpinned by Greater Innovations in Sports & Entertainment Space

In recent years, high application potential of GaN micro-LEDs has been identified sports & entertainment space, on the account of a spike in number of video-streaming services, rapid innovation in television to enhance the viewing experience, and increased penetration of new-generation video-gaming products and accessories, says the report.

While consumer electronics are likely to account for major share of the manufacturers’ bottom lines, capitalizing on ever-expanding sports & entertainment space will remain a key focus area of the market players. On the one hand, consumption of GaN micro-LEDs by the automotive industry will increase ~39% y-o-y in 2019, backed by the emergence of ‘in-car ambience’ and ‘auto-infotainment’ trends leading to innovations in automotive displays units as well as interior automotive lighting.

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North America in the Vanguard, APEJ to Outdo European Market

Accounting for 26% share in 2018, North America is anticipated to remain at the forefront of GaN micro-LED market. According to the study, European market is likely to lose its second position to Asia Pacific in the foreseeable future, as many players in the latter region are constantly demonstrating their progress and latest breakthroughs in the GaN micro-LED technology.

Unprecedented evolution in number of industry verticals has pushed stakeholders to redefine their growth strategies to retain and attract new segment of customers. In addition to focusing entirely on the new technology while ceasing the launch of conventional solutions, stakeholders are centered on collaborating with research institutes to synchronize their advances.

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

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