Video Event Data Recorder Market Recent Trends, Leading Players, Industry Segments & Regional Forecast By 2026

Future Market Insights analyses the global video event data recorder market for a 5-year forecast period, 2016-2026. According to a recent market outlook report, “Video Event Data Recorder (VEDR) Market: Global Industry Analysis & Opportunity Assessment, 2016-2026,” the US$ 1.64 Bn market is likely to reach beyond US$ 3.2 Bn by the end of 2026.

The global video event data recorder (VEDR) market was valued at nearly US$ 1,500 Mn in 2015 and is projected to reach approximately US$ 3,500 Mn by 2026. Sales revenue is expected to increase at a CAGR of 6.9% during the assessment period (2016–2026).

This growth is attributed to rising awareness and adoption of vehicle safety technologies, government regulations and motor vehicle safety standards and benefits such as detailed data capture capabilities offered by VEDR devices.

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In the global VEDR market report, Future Market Insights provides detailed information on market definition and segmentation analysis, market dynamics and key insights, and competition assessment and key company profiles.

The overall market outlook remains positive and the compound annual growth rate is estimated at 6.9% over the decade. Although market growth will be healthy by 2021 end, it will experience a slight decline in terms of CAGR in the second half of the assessed period.

Key research findings:

Motor vehicle safety standards will continue to fuel the sales of technologies pertaining to vehicle safety In addition to growing cognisance and adoption of vehicle safety measures, burgeoning automotive investments are also anticipated to favour VEDR market growth Growing inclination of OEMs and drivers toward digitisation will push the market further With technological advancements, various cost-effective products are being developed.

Several manufacturers are also emphasising integration of smart software An increasing number of VEDR manufacturers are strategically investing in order to capitalise on opportunities offered by commercial fleets such as cabs/rental fleets/taxis globally

Key player insights:

The global market for video event data recorder is predominantly governed by the top five players in the competitive landscape. Digital Ally Inc., WatchGuard Video, Omnitracs LLC, Rosco Inc., and Safety Vision LLC collectively account for roughly 85% market revenues. A few other notable players include Convoy Technologies, OCTOCAM Srl, and L-3 Mobile-Vision, Inc.

Key metrics incorporated in the report 

CAGR for the various segments across key regions assessed Year-on-Year (YoY) growth rate for the different segments growth to understand the predictability of the market and to identify the right opportunities across the global video event data recorder market Basis Point Share (BPS) analysis to understand individual segments’ relative contribution to market growth and hence identify the key trends governing the global video event data recorder market Absolute dollar opportunity analysis of all key market segments to assess the level of opportunity that providers can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global video event data recorder market

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Market Segmentation

By Type of Data Storage:

  • Flash Card
  • Cloud Data Storage

By Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicles (LCVs)
  • Heavy Commercial Vehicles (HCVs)

By End User:

  • Law & Enforcement Agencies (LEAs)
  • Commercial Fleet

By Sales Channel:

  • Auto OEM
  • Aftermarket

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Middle East and Africa (MEA)
  • Japan

About Us

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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Robotic Vacuum Cleaners Market Development by Companies Outlook, Growth Prospects & Key Opportunities by 2031

The global robotic vacuum cleaners market is expected to surpass a valuation of US$ 3.5 Bn in 2021. It is also expected to exhibit a CAGR of over 14.50% through 2031.

In the last few years, vacuum cleaner technology has advanced significantly. Because of their ability to clean an area without requiring human participation, robotic vacuum cleaner’s sales are surging at a high pace.

Additional features of robotic vacuum cleaners include rotating brushes, mopping, and UV sterilization. Some are designed to efficiently perform cleaning chores of household. To offer greater efficiency and high performance, manufacturers are integrating robotic vacuum cleaners with security cameras, intercom systems, and other functions.

Robotic vacuum cleaners are a result of technological advancements enabled by artificial intelligence (AI) and the internet of things (IoT). They can be programmed and operated remotely to execute their cleaning tasks and they are clever enough to do it with minimal human intervention. With their advanced technologies, robots are playing an increasingly essential role in modern society, making human life easier and more comfortable.

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Data Points Market Insights
Robotic Vacuum Cleaners Market Value (2021) US$ 3.5 Bn
Robotic Vacuum Cleaners Market Estimated Year Value (2031) US$ 13.78 Bn
CAGR 2021-2031 14.50%

Market players are concentrating on producing more technologically advanced robotic vacuum cleaners using cutting-edge technology such as artificial intelligence (AI) (Artificial intelligence). Samsung Electronics, for example, released an AI robot vacuum cleaner in 2021 that has improved object identification and operation performance due to artificial intelligence (AI) technology.

The BESPOKE Jetbot AI is a smart robot vacuum cleaner designed to clean itself and empty its dust bin. It is the world’s first robot cleaner to be equipped with Intel’s artificial intelligence (AI) solution (Intel Movidius), which enables the robot cleaner to reason independently like humans.

Key Takeaways from the Robotic Vacuum Cleaners Market Study

In terms of robot type, the in-house robot segment is projected to account for 75.9% of the total robotic vacuum cleaners market share in 2021.In terms of mode of charging, auto battery charging type accounts for 70.9% of the total robotic vacuum cleaners market share in 2021.The US is a key market in North America, accounting for 91.5% of robotic vacuum cleaners sales in the region in 2021.The U.K. will emerge as a highly lucrative market within Europe, exhibiting 7.5% CAGR.

“Customers from diverse sectors are increasingly turning to automated products to save time and energy. Within the household sector, the demand for smart home technology is on the rise. This has created ample prospects for the expansion of the robotic vacuum cleaners market,” says an FMI analyst.

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Impact of COVID-19 on the Market

The COVID-19 outbreak had a wide-ranging impact, including the closure of all non-essential businesses and retailers, leading to a loss of corporate confidence, heightened public worry, and future uncertainty. It has spread indiscriminately over the world, resulting in a hazardous indoor atmosphere. The production rate of these vacuum cleaners had fallen dramatically all over the world as a result of the sudden shutdown of manufacturing factories. Restrictions imposed hampered sales as well as international export and import.

Furthermore, the COVID-19 created new opportunities for robotic vacuum cleaner manufacturers. Due to the need for cleanliness and hygiene in homes and business spaces, industry players saw higher sales of robot vacuums beginning at the second quarter of 2020. Consumers bought robotic vacuum cleaners to keep the virus from spreading in their homes.

Additionally, according to International Federation of Robotics sales value for robots has increased by 32% to USD 11.2 billion and the recent Covid-19 pandemic is further expected to boost the market.

Who is winning?

Leading manufacturers of robotic vacuum cleaners are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of robotic vacuum cleaners globally.

Major players present in the robotic vacuum cleaners market are iRobot Corporation, LG Electronics, Robert Bosch GmbH, Samsung Corporation, Dyson Ltd., Panasonic Corporation, Xiaomi, ECOVACS, Proscenic, Neato Robotics, Inc., Yujin Robot, Co., Ltd., Hayward Industries, Inc., Pentair plc, Milagrow Business & Knowledge Solutions (Pvt.) Limited. Koninklijke Philips N. V, among others.

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Global Robotic Vacuum Cleaners Market by Category

By Robot Type:

  • Outdoor Robot
  • In-House Robot

By Mode of Charging:

  • Manual Charging
  • Auto-Battery Charging

By Region:

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

About Us

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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High Voltage Direct Current (HVDC) Transmission System Market : Worldwide Industry Analysis and New Market Opportunities Explored By 2026

A fresh business and commerce study by Future Market Insights (FMI) has detected that the global market for high voltage direct current (HVDC) transmission system market is strikingly fragmented, owing to the presence of a large pool of players, big and small. A wide variety of products are offered by these vendors, ranging from cables to capacitors to transformers.

Often, the vendors offer customized solutions in order to gain new demands. The report identifies Siemens AG, ABB Ltd., Hitachi Ltd., General Electric Co., Toshiba Corporation, Prysmian SpA, TransGrid Solutions Inc., ATCO Electric Ltd., and Abengoa S.A. as some of the most prominent companies currently operating in the global HVDC transmission system market.

As per the evaluations of the FMI report, a revenue of US$6,000 mn was generated by the market for high voltage direct current transmission system in 2016, which was in itself an increase of 7.7% in comparison to 2015. The report has estimated that over the forecast period of 2016 to 2026,

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the demand for HDVC transmission system will increment at a CAGR of 8.8% and the final valuation by 2026 would be US$14,400 mn. Mitsubishi Electric Corporation, Nexans, NR Electric, American Semiconductor, HVDC Technologies, and LSIS are some of the other notable players identified by the report.

Some of the key factors augmenting the demand in the global HDVC transmission system market are: increasing demand for cost-effective solutions for long distance power transmission, decommissioning of nuclear and coal power plants, liberalization in the energy policies in Europe, and integration of VSC technology across grids enable system security.

On the other hand, rise in the cost of components that affects the number of grid installations, requirement of high initial investment in grid infrastructure, need of uniformity in the standards of HDVC transmission equipment and systems, and controlling congestion and instability in HVDC systems are a few obstructions holding the prosperity of the global high voltage direct current transmission system market.

Based on system component, the FMI report segments the global HVDC transmission system market into solutions and services. The solutions segment is further sub-segmented into AC and DC harmonic filters, converters, DC lines, circuit breakers, and others.

Technology-wise, the market has been bifurcated into LCC, VSC, and others. On the basis of deployment, the market for HVDC transmission system has been classified into overhead, underground, subsea, and combination. Based on power rating, the market has been segmented into below 1,000 MWs, 1001 to 2000 MWs, and 2,001 MWs and above.

Geographically, the report takes stock of the potential of high voltage direct current transmission system market in the regions of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific except Japan (APEJ), and the Middle East and Africa (MEA) and in the country of Japan.

While North America is highly lucrative region and Europe will continue to pose widespread opportunities owing to increasing number of grid connections, the APEJ region is expected to turn highly lucrative on the back of the emerging economies of India and China.

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Key Segments Covered

By System Component

  • Solutions
    • AC and DC harmonic filters
    • Converters
    • DC lines
    • Circuit breakers
    • Others
  • Services

By Technology

  • LCC
  •  VSC
  • Others

By Deployment

  • Overhead
  • Underground
  • Subsea
  • Combination

By Power Rating

  • Below 1000 MWs
  • 1001 to 2000 MWs
  • 2001 MWs and above

By Region

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

About Us

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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Distributed Fibre Optic Sensor Market In-Depth Analysis, Growth Strategies & Comprehensive Forecast to 2026

Future Market Insights delivers key insights on the global distributed fibre optic sensor market in a new report titled “Distributed Fibre Optic Sensor Market: Global Industry Analysis & Opportunity Assessment 2016-2026”. The global distributed fibre optic sensor market was valued at US$ 1.1 Bn in 2015 and is expected to register a CAGR of 10.4 per cent from 2016 to 2026.

According to Future Market Insights, increasing adoption in the oil and gas industry and increasing investment in infrastructure are major factors driving the growth of the global distributed fibre optic sensor market. Additionally, government initiatives to deploy fibre optic sensors in various construction projects is propelling the growth of the global distributed fibre optic sensor market.

The high-cost factor associated with distributed fibre optic sensors and slow economic development of some of the major markets spread across APEJ and MEA might hinder the future growth of the global distributed fibre optic sensor market.” — Analyst, Future Market Insights.

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Segmentation highlights
The global distributed fibre optic sensor market is segmented on the basis of Technology (Rayleigh Scattering Based Distributed Sensor, Brillouin Scattering Based Sensor, Raman Scattering Based Sensor, Interferometric Distributed Optical-Fibre Sensor, Distributed Fibre Bragg Grating Sensor); Application (Strain Sensing, Temperature Sensing, Acoustic/Vibration Sensing, Pressure Sensing, Others (Moisture Detection)); and Vertical (Oil & Gas, Security, Energy & Utility, Transportation Infrastructure, Industrial Application, Others (Environment & Geotechnics, Healthcare, etc.)).

  • The Raman Scattering Based Sensor technology segment accounted for 33.3 per cent market share of the global distributed fibre optic sensor market in 2015. The Rayleigh Scattering Based Distributed Sensor segment is anticipated to register a CAGR of 12.1 per cent during the forecast period
  • The temperature sensing application segment accounted for the highest market share in 2015 and was valued at US$ 518.2 million in 2015. The acoustic/vibration sensing segment is expected to register a healthy CAGR of 12.2 per cent during the forecast period
  • The oil and gas vertical segment accounted for the highest market share in 2015, occupying 60.9 per cent share of the global distributed fibre optic sensor market in 2015

Regional market projections
The global distributed fibre optic sensor market is segmented into the seven key regions of North America, Latin America, Middle East & Africa, Asia Pacific Excluding Japan (APEJ), Western Europe, Eastern Europe, and Japan. The North America market is estimated to account for the largest market share of 30.9 per cent of the global distributed fibre optic sensor market in 2016 and is anticipated to continue its dominance throughout the forecast period. The distributed fibre optic sensor market in North America was valued at US$ 342.1 million in 2015 and is expected to remain dominant in terms of revenue throughout the forecast period. The APEJ market is projected to register high Y-o-Y growth rates throughout the forecast period.

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Vendor insights
The global distributed fibre optic sensor market report profiles some of the key market players operating in the global distributed fibre optic sensor market. FISO Technologies Inc., Brugg Kabel AG, OSENSA Innovations Corp., Sensor Highway Ltd., Omnisens S.A., AFL Global, Lockheed Martin Corporation, and QinetiQ Group plc. are some of the top companies profiled in the global distributed fibre optic sensor market report. These companies are adopting innovative approaches to product development and are focussing on continuous operational expansion across the globe through partnerships and acquisitions.

Distributed Fibre Optic Sensor Market Key Segment

By Technology

  • Rayleigh Scattering Based Distributed Sensor
  • Brillouin Scattering Based Sensor
  • Raman Scattering Based Sensor
  • Interferometric Distributed Optical-Fibre Sensor
  • Distributed Fibre Bragg Grating Sensor

By Application

  • Strain Sensing
  • Temperature Sensing
  • Acoustic/Vibration sensing
  • Pressure Sensing
  • Others

By Vertical

  • Oil & Gas
  • Security
  • Energy & Utility
  • Transportation Infrastructure
  • Industrial Application
  • Others

By Region

  • North America Market
  • Latin America Market
  • Asia Pacific Excl. Japan
  • Japan
  • Western Europe
  • Eastern Europe
  • Middle East & Africa

About Us

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:

Future Market Insights Inc.   
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200 Continental Drive, 
Suite 401, Newark, 
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Service Lifecycle Management Application Market Size, Latest Trends, Regional Insights Dynamics By 2030

Service lifecycle management application market is creating value by using third platform technologies, driving innovation and real-time connectivity between different solutions of service lifecycle management applications. Introduction of cloud technology has enabled greater access to service parts visibility. Furthermore, mobile technology has enabled communication of information at the right time to technicians on the field that is derived through Big Data analytics for accurate problem solving.

All of these factors have brought in a precision-driven aspect to services, increasing the value proposition and raising overall profit margins.

Future Market Insights states that the global service lifecycle management application market is expected to rise at a CAGR of 6.9% during the forecast period of 2020 to 2030.

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Key Takeaways of Service Lifecycle Management Application Market Study

  • The use of service lifecycle management applications is growing, especially in sectors that manufacture with metal, such as aerospace and defence and automotive and transportation.
  • The use of service lifecycle management applications will increase by 1.7x of current market value by the end of 2030 in the medical equipment sector as COVID-19 leads to a significant volume of new n
  • The Asia Pacific service lifecycle management application market is anticipated to grow at a CAGR of around 8% from 2020 to 2030.

Big Data Analytics Driving Real Time Communication and Analysis in SLM Applications 

Because it collects asset information and enables better service quality, data analytics transforms service management operations and increases the percentage of first-time repairs (FTF rate). Apps for SLM let businesses assess how well their services are doing in relation to their plans. As a result, the SLM programme aids businesses in finding and resolving service problems more quickly.

Through connected devices, descriptive and predictive analytics will enable real-time communication between dealerships, manufacturers, and customers. This will enable manufacturers to receive notifications about the status of their products and early warnings to make more proactive decisions that will improve service and customer retention. Analytics will also focus on fusing service lifecycle management software with data on customer satisfaction.

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Key Segment

By Service Based Model

  • Field Based Model
  • Depot Based Model
  • Dealer Based Model
  • Performance Based Model

By Region

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

By Solutions

  • Field Based Model
  • Depot Based Model
  • Dealer Based Model
  • Performance Based Model

By End-use Industry

  • Automotive & Transportation
  • Aerospace & Defense
  • Medical Equipment
  • High Technology
  • Telecommunications
  •  Industrial Machinery & Equipment

About Us

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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Glass Bottles Market Latest Study Reveals New Growth Dynamics Forecasts to 2031

The glass bottles market worth will reach US$37.1 Bn in 2021, as per Future Market Insights (FMI) analysis. Overall glass bottles sales are expected to grow at a CAGR of 5.2% between 2021 and 2031.

With a wide range of applications in the pharmaceutical, personal care, chemical, and food and beverage industries the demand for glass bottles is expected to remain strong for the foreseeable future.

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Glass Bottles Market Landscape

Leading players in the market are focused on product development for customization capabilities, in addition to driving investments into bolstering production capacities to keep up with demand. Tier 3 players hold 65-75% of the value share in the global glass bottles market.

Owen Illinois, Inc., Ardagh Group, SA, Vitro, S. A. B. de C. V., Vidrala, S.A, Gerresheimer AG, Vetropack Holding AG, Verallia SA, Frigoglass Jebel Ali FZCO and among others are the prominent players in the global glass bottles market.

The COVID-19 pandemic has brought the pharmaceutical, manufacturing, logistics, and packaging companies together to deliver the vaccines worldwide. Many COVID vaccines have been approved globally, and 150 + further vaccines are still in clinical trials.

Glass as a primary packaging material will play an essential role in the global vaccine supply chain. Packaging companies are working hard to prevent bottlenecks and shortages. For the vaccine packaging, type I borosilicate molded glass has emerged as a preferred material.

Glass bottles are chemically inert and are highly resistant to enzymes. Consequently, type 1 bottles are ideal to store and deliver vaccines across the globe.

The unprecedented surge in demand for vaccines has pushed manufacturers to increase production capacities to keep up with the supply demand gap. Key players of glass bottles such as Gerresheimer AG and SGD S.A. are committed to supplying type I borosilicate molded glass vials to meet requirements arising during the crisis.

Key Takeaways from Glass Bottles Market

  • Type I grade glass bottles are expected to hold more than 50% of the value share owing to applications in storing strong solutions, acids, and alkalis.
  • Consumption of the 501-1000 ml glass bottles is expected to reflect relatively larger volumes, with notable demand from the beverage industry.
  • The U.S. is a prominent regional market, accounting for more than 84% of sales in North America owing to a mature food and beverage and pharmaceutical sector.
  • Germany currently holds the lead in Europe accounting for nearly a fourth of all regional sales in2021.
  • China accounts for more than 45% of the value share in East Asia, while Japan and South Korea will make small gains in the upcoming decade.

“A significant rise in the use of glass bottle packaging in the food and beverages industry owing to changes in consumer’s preferences has generated demand. In addition, Type I borosilicate molded glass vials sales will consistently surge amid the Covid-19 pandemic. As a result, customer-centric, branded and affordable glass bottle offerings will drive developments through 2031” says an FMI analyst.

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Customization Efforts to Reinforce the Demand for Glass Bottles

Customization details in the glass bottle industry are increasingly being made using 3D blueprints. Even labels and lids are designed using 3D technology. Manufacturers have come up with digital printing technologies for printing on glass bottles.

Glass bottles can be customized according to their shape, choice of finish, color, and design. The customization reinforces brand image, and helps in information dissemination to the consumer. Customization will make help the brands stand out from their competitors.

Impact of COVID-19 on the Glass bottles Market

The ongoing COVID-19 pandemic has affected all the sectors. Pharmaceutical companies have leveraged key opportunities during the pandemic as the increased demand for glass vials for medical purposes will drive short-term revenue generation.

Glass bottle companies have been designated as essential services due to their role in food and beverage and pharmaceutical products. Also, glass bottles are regarded as safe packaging for food items; hence the demand for the glass bottles market has recovered and remained relatively consistent.

Across the globe, alcohol consumption has suffered due to lockdown and travel restrictions. However, online sales and relaxation of regulations, has helped to partially mitigate losses through home delivery services.

Glass Bottles Market by Category

By Grade:

  • Type I
  • Type II
  • Type III

By Manufacturing Process:

  • Blown
  • Tubing

By Capacity:

  • Up to 50 ml
  • 51 – 200 ml
  • 201 – 500 ml
  • 501 – 1000 ml
  • 1001 ml & Above

By End User:

  • Food
  • Beverages
  • Pharmaceuticals
  • Personal Care & Cosmetics
  • Perfume & Fragrances
  • Chemicals
  • Others

By Region:

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

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

Contact:
Future Market Insights, Inc
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
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For Sales Enquiries: sales@futuremarketinsights.com
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Inositol Market Current and Future Demand, Analysis, Growth and Forecast By 2030

Inositol, a vitamin-like substance, is a naturally occurring cyclic compound with 6-OH groups, found in plants and animals. It can also be synthesized in the laboratory; hence, the inositol has natural and artificial sources. Inositol plays a vital role in the human body system. It acts as a secondary messenger to the brain, and its also used for the reduction of cholesterol, treatment of diabetic nerve pain, insomnia, and many more.

Inositol occurs in different forms, but the most common form is the Myo-inositol. Besides, inositol is also used to enhance the growth of bacteria, and yeast often used food additives. It can also be used to manufacture dietary supplements, which can either be in powder form or capsules. The diversity in the application of inositol is a driving force that has fueled the growth of the market over the years.

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This is expected to continue during the forecast period and aftermath. Moreover, the rise in per capita income of consumers in developing nations and the growing population of unhealthy individuals is facilitating the growth of inositols in the Asia Pacific region.

Inositol Market Growth Driven by Increasing Consumers’ Demand for Healthy Products

The upswing in demand for healthy products has generated a surge in demand for healthy products. The rise in population size of people suffering from diseases like diabetes, insomnia, PCOS, and others caused by increasing consumption of junks, and unhealthy lifestyle, has generated an increase in demand for drugs and supplements with inositol.

Inositol has a variety of health benefits as it is a member of the vitamin B complex. Health practitioners often recommend consuming inositol containing products to patients with a mental disorder like depression, panic disorder, and others due to their ability to balance certain chemicals in the central nervous system.

Furthermore, the growing demand for inositol products among women suffering from diseases such as polycystic ovarian syndrome and cancer in developing and developed countries is a strong force anticipated to drive the growth of the inositol market globally. Also, consumers’ switch from unhealthy food products towards the consumption of healthy ones has created a surge in demand for food products containing inositol from the food and beverage industry

Inositol Market Restrain

The global inositol market is expected to receive a big blow that might cause a decrease in demand for its products due to the side effect it has on excessive consumption. High consumption of inositol or inositol products usually causes nausea, headaches, fatigue, dizziness, and mild gastrointestinal distress. All these health issues are significant factors projected to hamper the growth of the industry over the forecast period.

Inositol Market: Region-wise Analysis

North America is slated to dominate the global inositol market during the forecast period and aftermath. The rise in demand for healthy food products and the presence of key players within the countries located in North America are factors expected to facilitate the region’s dominance.

The Asia Pacific is projected to witness rapid growth due to the rise in government spending on healthcare and the growing pharmaceutical industry. Europe is expected to contribute significantly to the growth of the sector over the forecast period. Other regions will contribute moderately to the global inositol market over the foreseeable period.

Inositol Market: Competitive Landscape

  • Dsm NV
  • Charles Bowman & Company
  • J. Clark & Company
  • Shandong Runde Biotechnology Co

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Region-wise Analysis

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

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Injectable Drug Delivery Market Analysis, Key Growth Drivers Trends, Segments, Opportunity and Forecast 2028

FMI estimates that the global injectable drug delivery market is projected at US$ 41.5 Bn in 2022 and is expected to expand at CAGR of 8.9% over 2022–2028, to reach US$ 69.13 Bn by 2028 end. Based on product type, the needle-free injectable drug delivery segment dominated the global injectable drug delivery market in 2017. Moreover, the subtype, prefilled of needle-free injectors segment is expected to have a dominant share of the needle-free type of injectable drug delivery market due to its ease of application. North America is expected to maintain its dominance in the global injectable drug delivery market due to the presence of a large number of manufacturers of injectable drug delivery devices, mostly operating from the U.S.

Increase in prevalence of chronic diseases such as diabetes, cancer and rheumatoid arthritis along with other factors such as need for patient-controlled drug release and increased risk of needle stick injuries are the prominent factors expected to drive the growth of the injectable drug delivery market. Technological advancements have resulted in better product offerings in the injectable drug delivery market. However, some factors such as strict regulatory framework and premium pricing of products are expected to hinder the growth of the injectable drug delivery market. The key trend of the injectable drug delivery market is the increasing demand for point-of-care devices. Injectable drug delivery devices are easy to self-administer and do not require a healthcare professional for administration, which as a result skips the need of hospital visits and relatively lowers the healthcare spending for an individual.

The global injectable drug delivery market has been segmented on the basis of product type, usage, end users and regions. The disposable injectable drug delivery segment is expected to be the most attractive usage segment. Among the three end users, the hospital pharmacies is expected to be the dominant segment due to benefits such as favourable reimbursement policies in most of the countries across the globe.

In terms of value, the global injectable drug delivery market is expected to expand at 8.9% CAGR over the forecast period. With nearly 32% market share, North America was a dominant regional market for injectable drug delivery in 2017, due to growing number of manufacturers in the region and early adoption of new technologies. Western Europe is expected to be the second large market in injectable drug delivery, with Germany, the U.K. and France occupying major shares. APEJ is expected to be third large market for injectable drug delivery, due to requirement of low capital for manufacturing injectable drug delivery.

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Key Research Findings

  • Increase in demand for point-of-care devices and reduced reliance on healthcare facilities are driving the growth of the global injectable drug delivery market
  • North America will be the dominant regional market for injectable drug delivery devices due to early adoption of advanced technologies
  • Most of the major players operate from the U.S., which makes the U.S. the leading market for injectable drug delivery devices in North America
  • In Europe, a large number of diabetes patients are switching towards needle-free injectable drug delivery devices from conventional injections since it is a painless process and reduces the risk of needle stick injuries
  • Disposable injectors are the most commonly available type of injectors since they are user friendly and do not require special skills for administration
  • Prefilled needle-free injectors are the most preferred type of injectors since they are much easier to administer than the fillable type
  • Price control for most of the injectable drug delivery devices is fierce. For instance, Mylan was pressurised to launch the generic version of the EpiPen to reduce the price of the product in the market. However, this has declined the revenue of the company.
  • In developed regions, such as North America and Europe, hospitals are the dominant distribution channel due in injectable drug delivery due to the reimbursement policies
  • The growing competition in the emerging market and the rising demand for injectable drug delivery are the future opportunities for the growth and expansion of the injectable drug delivery market.

 Key Segments:

Product Type:

  • Self-Injectors
  • Needle-free Injectors
  • Auto-Injectors

Usage:

  • Disposable Injectors
  • Reusable Injectors

Distribution Channels:

  • Hospital Pharmacies
  • Retail Pharmacies
  • E-commerce

Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

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Table of Content

  1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

  1. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

  1. Injectable Drug Delivery Market Opportunity Analysis

3.1. Macro-Economic Factors

3.2. Opportunity Analysis

  1. Market Background

4.1. Recent Developments

4.2. Market Dynamics

4.2.1. Drivers

4.2.2. Restraints

  1. Global Economic Outlook

5.1. Gross Domestic Product by Region & Country, 2006 – 2021

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North America Medical Carts Market Analysis, Size, Trends, Emerging Factors, Demands, Key Players, Emerging Technologies and Potential till 2027

The report, titled “North America’s medical carts market Analysis and Opportunity Assessment, 2017-2027,” also projects that manufacturers of medical carts are extending the product line by introducing medical carts with added features. Omnicell, Inc., Herman Miller, Inc., The Harloff Company, Capsa Solutions LLC, Medline Industries, Inc., Armstrong Medical Industries, Inc., AFC Industries, Waterloo Healthcare, TouchPoint Medical, and Ergotron, Inc. are recognised as leading manufacturers of medical carts in North America.

Rising focus on point-of-care diagnosis & treatment has led to an increase in the use of mobile computer medical carts. Computer medical carts are used to record and update a patient’s electronic health records (EHR). Increased adoption of Electronic Health Records (EHR) is also observed to be an instrumental factor for growth of North America’s medical carts market.

The need for streamlining workflow has necessitated the integration of information technology (IT) solutions in healthcare settings. Medical carts manufactured by companies are presently serving the essential purpose of aiding nursing operations in medical facilities. The robust healthcare infrastructure in the US will demand the adoption of advanced medical carts that not only dispense medical instruments & supplies, but also have integrated IT systems. In the years to come, the demand for medical carts in North America will witness steadfast inclination towards IT-integrated medical carts.

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Constructive Prospects for Future of North America’s Medical Carts Market

A lucrative opportunity for such prominent medical device manufacturers towards consolidating their presence in the medical carts market in North America is changing their product line in accordance with shift in technology. Mechanical medical carts are being gradually replaced by new and enhanced technologies such as powered medical devices with battery systems, locking drawers (with negative tilt to facilitate efficient stocking of medication), and automated medicine dispensing systems.

In addition to this, increased focus on acquisitions and collaboration among companies have helped them expand their clinical carts product portfolio and cater to the demand for efficient healthcare systems. This has boosted the need for more effective and advanced medical equipment, devices and procedures. Emerging players must keep in mind that acquisitions over the years have resulted in strengthening the positions of current market leaders.

Key Highlights of the Report follow,

  • In 2017 and beyond, computer medical carts will remain in great demand, procuring close to 40% of the market’s overall revenues towards the end of 2027
  • North America’s medical carts market is poised to witness dominance of metal as base material, revenues from which will reflect a CAGR of 12.1%
  • Non-powered medical carts will also be top-sellers in the market, while revenues from sales of powered medical carts are anticipated to showcase 12.6% CAGR
  • Hospitals will be the largest end-users of medical carts in North America

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 Key Segments:

By End User:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centres
  • Diagnostic Centres
  • Others

By Region:

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

By Material Type:

  • Metal
  • Plastic
  • Wood

By Energy Source:

  • Powered
  • Non-Powered (Mechanical)

By Product Type:

  • Emergency Carts
  • Procedure/Treatment Carts
  • Anaesthesia Carts
  • Medical Computer Carts
  • Others

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

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Infusion Pumps Market Movements by Trend Analysis, Growth Status, Revenue Expectation to 2030

FMI’s recent report on infusion pumps market projects the market to surge at a CAGR of 5% from 2022-2030. Growth is attributed to increasing diabetic population across prominent regions. As per World Health Organization’s projections, there were 422 million diabetic people as of 2014, with a 5% increase in premature mortality.

Consequently, there has also been an increase in associated co-morbidities such as strokes, heart attacks, kidney failure and visual impairment. As a result, infusion pump usage has upticked in order to provide the appropriate medication and nutritional input.

To facilitate efficient drug delivery, manufacturers have incorporated various technological advancements in recent years. Additionally, the advent of wearable and smart infusion pumps is further fueling the market’s revenue prospects.

Global Infusion Pumps Market- Key Takeaways

  • Rising prevalence of cancer to push forward oncology-grade infusion pumps usage in the coming years
  • Ambulatory pumps are poised to hold major sway in the wake of swift drug and nutrient delivery
  • Europe to pivot global infusion pumps market growth, capturing over 1/3rd of the revenue pie
  • Global infusion pumps market is likely to surpass US$ 6 Bn by 2030-end
  • Favorable business reimbursement policies are expected to bolster infusion pumps demand in coming years

COVID-19 Impact Analysis

The COVID-19 pandemic is anticipated to have a moderate impact on the global infusion pumps market. In the initial months of the pandemic’s onset, a slump in the demand-supply equation was observed. This was in response to the imposition of lockdowns and social distancing protocols. Eventually, a resurgence was recorded.

In recent months, regulatory authorities such as the U.S Food and Drug Administration (FDA) issued emergency use authorization to increase the availability of infusion pumps and related accessories. Infusion pumps have been pivotal in administering vital medicines and parenteral nutrition to patients admitted for chronic ailments.

As hospitals reach a saturation point, governments are providing flexibility to infusion pump manufacturers to address supply shortages by permitting them to resume operations. This is slated to sustain the infusion pumps market demand in the short-term forecast.

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“Manufacturers are concentrating on embedding smart data assimilation software within their product designs to facilitate seamless and error-free infusion procedures across healthcare settings,” infers the FMI analyst.

Global Infusion Pumps Market- Competitive Intelligence

Prominent players in the infusion pumps landscape include Fresenius Kabi AG, Terumo Corporation, Medtronic Plc, Baxter International Plc., Smith Medical, MOOG Inc., Johnson & Johnson Services Inc., ICU Medical Inc. and Becton Dickinson & Company among others.

Product launches, expansions, collaborations and other inorganic strategies are being pursued by the aforementioned players. In 2021, Terumo Corporation announced the launch of its TERUFUSION Infusion Pump Type LM Series which utilize smart cutting-edge IT solutions to deliver optimal management and prevents inadvertent excess infusion of drugs into the patient.

In 2010, Hospira Inc. partnered with Smith Medical to market and promote various infusion pumps. The companies collaborated in order to co-promote Hospira’s Symbiq and Plum A+ general infusion pumps along with its Hospira MedNet safety software. The venture also promoted Smith Medical’s Medfusion syringe pumps with the PharmGuard Medication Safety Software.

More Insights on the Infusion Pumps Market Report

A recent market study published by FMI on the ophthalmic lasers market includes the global industry analysis of 2015-2021 & opportunity assessment for 2022-2030, and delivers a comprehensive assessment of the most important market dynamics.

The report incorporates an unbiased analysis of the following segments: product type (syringe pumps, ambulatory pumps, volumetric pumps, implantable pumps, insulin pumps, enteral pumps, PCA pumps and pump accessories), application (chemotherapy/oncology, pediatrics/neonatology, analgesia, gastroenterology, hematology and diabetes), end-user (hospitals, ambulatory surgical centers, homecare, clinics and others) and region (North America, Latin America, Europe, MEA, East Asia, South Asia and Oceania).

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Key Segments:

By Product Type:

  • Syringe Pumps
  • Ambulatory Pumps
  • Volumetric Pumps
    • Peristaltic
    • Cassette/Piston
  • Implantable Pumps
  • Insulin Pumps
  • Enteral Pumps
  • PCA Pumps
  • Pump Accessories

By Application:

  • Chemotherapy/Oncology
  • Pediatrics/Neonatology
  • Analgesia
  • Gastroenterology
  • Hematology
  • Diabetes

By End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Home Care
  • Clinics
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Middle-East & Africa
  • China
  • Japan

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About Us    

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:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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