Cancer Tissue Diagnostics Market will expand at a healthy CAGR of 8.3% during the forecast period by 2031

A recent study conducted by Future Market Insights (FMI) reveals that the global cancer tissue diagnostics market, which is currently valued at over US$ 4345 Mn, will expand at a healthy CAGR of 8.3% during the forecast period (2021-2031). During these ten years of the forecast, the global demand for cancer tissue diagnostics is expected to grow by leaps and bounds as diagnostic technologies will continue to get more efficient and credible.

FMI’s report titled “Cancer Tissue Diagnostics Market: Global Industry Analysis and Opportunity Assessment 2016–2026 ” also cites that North America represents the most lucrative market for cancer tissue diagnostics, followed by Europe and APAC. In 2016, North America accounted for more than 36% share of the global market. The cancer tissue diagnostics market in this region is expected to reach a valuation of US$ 4,017.7 Mn towards the end of 2026.

This growth is primarily attributed to factors such as the constantly extending list of cancer biomarkers and the presence of advance healthcare infrastructures in the region. Meanwhile, Asia Pacific excluding Japan (APEJ) is also anticipated to witness a strong growth of its market over the next couple of years. By 2026-end, the region’s market is expected to reach US$ 1,107.7 Mn in terms of revenue.

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The report further projects that in situ hybridization will continue to be the leading cancer tissue diagnostics type. In terms of revenue, in situ hybridization tests are projected to account for the largest share of the market during the assessment period. Cases of breast cancer have been quite high amongst all the cancers type of late. Hence, procedures for breast cancer diagnostics are expected to remain relatively higher than for other cancer types in 2017 and beyond.

Key Factors Boosting the Global Cancer Tissue Diagnostics Market Include:

  • Inclusion of cancer screening tests in national cancer screening programs in various countries.
  • Havier discretionary funding for cancer research that is resulting in the development of more efficient diagnostic procedures.
  • Arrival of revolutionary second and third -generation diagnostics platforms that are quickly gaining popularity in the market.
  • Novelty in imaging techniques and availability of affordable diagnostics.

Abbott Laboratories, F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Ventana Medical Systems, Inc, Bio Rad Laboratories Inc., Enzo Life Sciences, Inc., Abcam plc., BioGenex, Cell Signaling Technology, Inc., Agilent Technologies, Inc., PerkinElmer Inc. are some of the prominent companies operating in the global market for cancer tissue diagnostics.

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Many of these market players are implementing merger and acquisition strategies to increase their market presence. Furthermore, cancer diagnostic assay kits developers, instrument manufacturers and technology license providers are also partnering with each other in order to increase their consumer base.

Cancer Tissue Diagnostics Market – Segmentation by Category

Test Type:

  • Immunohistochemical (IHC) Test
    • Breast Cancer
    • Stomach (Gastric) Cancer
    • Colorectal Cancer
    • Prostate Cancer
    • Others
  • In Situ Hybridization (ISH) Test
    • Breast cancer
    • Non-Small Cell Lung Cancer (NSCLC)
    • Bladder Cancer
    • Others

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Region:

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

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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Automotive Connectivity Control Unit Market Key Players, Overview, Applications and Analysis 2032

Automotive connectivity control unit is considered to be a vital part of connectivity in a vehicle. Automotive connectivity control unit is used to communicate and transit the data to the outside world. The unit controls the vehicle to vehicle and vehicle to infrastructure communication which is a necessary function in the automated cars. Connected cars have incredible potential in the future of the automotive industry.

Global Automotive Connectivity Control Unit demand is projected to be valued at US$ 58.9 Billion in 2022, forecast to grow at a CAGR of 10.5% to be valued at US$ 11.7 Billion from 2022 to 2032.

Already several automotive manufacturers offer driver convenience services, such as connected maps, internet radio, concierge and emergency dispatch, etc. Over the last few years, automotive wireless and electronics technologies have grown by leaps and bounds. Innovations in these technologies, combined with changing lifestyle and device convergence, are enabling automobiles to extend the driving experience beyond traditional vehicle transport. This in turn may significantly drive the demand for automotive connectivity control unit subsequently adding to the global automotive connectivity control unit market during the forecast period.

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Automotive Connectivity Control Unit Market: Dynamics

Growing demand of automotive connected cars is considered to be the major factor driving the demand for automotive connectivity control units across the globe. Increasing implementation of stringent regulations in various countries concerning the safety of vehicles occupants is also one of the major factors fueling the demand for automotive connectivity control unit during the forecast period. In European Union, the ecall function became mandatory from March 2018 in which the automotive connectivity control unit must be equipped in the vehicle to operate an emergency call system. Automotive connectivity control unit also provides data to fleet management software solutions in order to execute various complex functions with great ease.

Autonomous vehicle technology and electrified powertrains are expected to generate significant interest in the consumers and is estimated to possess long-term value potential. Automotive connectivity control unit used in advanced driver assistances systems plays a crucial role in autonomous driving technology. Owing to the several benefits and enhancing the occupant’s safety, the demand for automotive connectivity control unit is projected to witness a noteworthy growth in the coming years.

Automotive connectivity control unit is considered to be one of the advanced technologies and is mainly implemented in the high end vehicles as the cost of the technology is relatively higher. The high cost of the technology may act as a restraining factor to the growth of the automotive connectivity control unit market during the forecast period.

Automotive Connectivity Control Unit Market: Regional Outlook

Automotive manufacturers are shifting production plants or establishing new ones in emerging automotive markets to capitalize on the growing demand for automobiles and benefit from lower capital and labor costs in these regions. Owing to stringent regulation concerning passengers and infrastructure safety, the demand for automotive connectivity control unit is projected to be relatively high in Europe and North America during the forecast period. Growing automotive industry as well as increasing purchasing power of the customers in the developing regions such as Asia Pacific are projected to be the key factor driving the growth of the automotive connectivity control unit market in the region.

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Automotive Connectivity Control Unit Market: Key Participants

Launching advanced products that offer various operational benefits, at the same time complying with existing regulations in the market, will help market participants maintain product differentiation and strengthen their roots in the global automotive connectivity control unit market. Examples of some of the market participants identified across the value chain of the global automotive connectivity control unit market include:

  • Robert Bosch GmbH
  • STMicroelectronics
  • Continental AG
  • Hyundai Autron
  • Denso Corporation
  • Infineon Technologies AG

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Automotive Connectivity Control Unit Market: Segmentation

The global automotive connectivity control unit market has been segmented by product type, vehicle type and sales channel.

On the basis of product type, the global automotive connectivity control unit market has been segmented as:

  • External vehicle communication control
  • In-vehicle communication control

On the basis of vehicle type, the global automotive connectivity control unit market has been segmented as:

  • Passenger Vehicle Automotive Connectivity Control Unit
  • Light Commercial Vehicle Automotive Connectivity Control Unit
  • Heavy Commercial Vehicle Automotive Connectivity Control Unit

On the basis of sales channel, the global automotive connectivity control unit market has been segmented as:

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

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Report Highlights:

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

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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
T: +1-845-579-5705
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Varicose Vein Treatment Market is likely to secure a CAGR of 6.2% forecast period by 2032

Future Market Insights recently conducted its forecast study on the global market for varicose vein treatments, estimating the market’s current value at just over US$ 500 Mn. The report, titled “Varicose Vein Treatment Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” projects that rising prevalence of obesity will fuel the incidence rate of varicose veins in the world. Occurrence of varicose vein is medically-proven to be higher among obese people.

Along with this, the demand for varicose vein treatments is also expected to grow on the account of effectiveness of the treatments, utilisation of user-friendly devices, and growing emphasis of medical practitioners on ensuring patient safety during critical treatment of varicose veins. Towards the end of 2026, the global market for varicose vein treatment will have reached value of US$ 931.4 Mn, registering a robust growth at 6.4% CAGR.

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Unattended varicose veins can cause one severe pain through swelling, ulceration, venous eczema, and lipodermatosclerosis. Treating them through appropriate measures becomes quite crucial. One may opt for non-surgical remedies such as sclerotherapy, leg elevation, or alternative invasive techniques such as endovenous laser treatments. Collectively, these therapies can be addressed as varicose vein treatments, medically-practiced in all parts of the world. The demand for such varicose vein treatments is expected to grow in the years to come.

Varicose Vein Treatments: Market Opportunities

Backed with strong clinical evidence, endovenous laser ablation devices are more popular to treat varicose veins. However, compared to other procedures such as foam fillers, vein stripping costs, and blast with electricity, endscopic variceal ligation (EVL) is a costlier treatment alternative. Launch of cost-effective EVL devices will work as a favourable opportunity for new entrants as well as existing players in the market. Decreasing the procedure costs and enhancing the adoption of affordable devices will cumulatively boost the adoption of varicose vein treatments.

Among the wide variety of endovenous laser ablation devices available in the market, some of them may lead to complications such as thrombophlebitis, nerve damage, burns and deep vein thrombosis conditions. There is a potential opportunity for endovenous laser ablation device manufacturers to tap the larger market by offering competitive products that cause lesser complications.

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APEJ Varicose Vein Treatment Market to Record Speedy Growth

Apropos the report, more than 40% of the market revenues will remain concentrated in North America, throughout the forecast period. By 2026-end, North America’s varicose vein treatment market will have reached a value of US$ 420 Mn. US-based AngioDynamics, Inc. will be observed as a key player in the market during this period. In terms of revenue growth, the varicose vein treatment market in Asia-Pacific excluding Japan (APEJ) region is projected to be at the forefront.

By exhibiting 7% CAGR, the APEJ varicose vein treatment market will witness active participation of Korean medical device manufacturer, Wontech Co., Ltd. Apart from these, Syneron Medical Ltd., Dornier MedTech GmbH, Alma Lasers Ltd., Alna-Medicalsystem GmbH, LSO Medical, Energist Ltd. and intros Medical Laser GmbH are other companies partaking in the growth of global varicose vein treatment market.

The report further reveals that hospitals and ambulatory surgical centres as end-users will account for larger share of global revenues, while specialised clinics will register fastest revenue growth at 7.2% CAGR. The report also identifies endovenous laser treatment as the dominant varicose vein treatment in the market, procuring revenues worth over US$ 500 Mn by end of 2026.

Market TaxonomyBy End User

  • Hospitals
  • Ambulatory Surgical Centres
  • Specialised Clinics

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By Treatment Type

  • Endovenous Laser Systems
    • Diode Lasers
    • Yag Lasers
  • Endovenous Laser Fibres
    • Bare Tip Laser Fibres
    • Radial Tip Laser Fibres
    • Gold Tip Laser Fibres
  • Treatment
    • Non-thermal Ablation
    • Radiofrequency Ablation
    • Sclerotherapy

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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E-Rickshaw Market Trends, Growth, Future Demand, Analysis and Forecast by 2032

E-Rickshaw is the new growing trend across all the regions, owing to its various advantages over the traditional auto rickshaw. Driver of omnipresent conventional three-wheelers through smoggy, crowded streets discovered that e-rickshaws are faster, quieter, cleaner and cheaper to maintain than the conventional auto rickshaw. E-rickshaws are less arduous than cycle rickshaws, which required all-day peddling. So with more rides possible in a day, the e-rickshaws are proving more productive or we can say more lucrative with the demand of e-rickshaw are growing exponentially all across the globe.

The e-rickshaw market is projected to register a CAGR of 31.8% during the forecast period, up from US$ 1.3 Bn in 2021 to reach a valuation of US$ 27.5 Bn by 2032.

E-rickshaws are widely accepted as an alternative to diesel, petrol, CNG auto rickshaws. Increasing awareness about the air pollution and other environmental issues which can be reduced by using the e-rickshaws. In the e-rickshaw the main electronic components that make the drive are controller, motor, batteries, harness and throttle. The mismatch between any of these components is nasty and may reduce performance.

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E-Rickshaw Market: Dynamics

Considerably low investment than an auto-rickshaw, pleasing daily earning than cycle rickshaws and growing end-user affordability are some significant factors which driving the growth of e-rickshaw market. The advantages of e-rickshaw over traditional auto rickshaw and cycle rickshaw leads the e-rickshaw market. Rising environmental awareness, implementation of stringent regulations to curb environmental degradation and government incentives are some other factors which pushes the global e-rickshaw market growth

E-Rickshaw Market: Regional Outlook

Based on regions, the e-rickshaw market is anticipated to be led by the Asia Pacific region, especially by India and ASEAN countries such as Thailand, Vietnam and Philippines. India captures a significant amount of market shares in terms of revenue and sales, owing to an increasing number of demand and production of e-rickshaws. Followed by India, China and ASEAN countries has the second and third most prominent market share of e-rickshaws in terms of production as well as sales respectively. Middle East and Africa region is expected to witness moderate growth in the coming years. European region is expected to witness a stable growth in the e-rickshaw market. The market share of e-rickshaw in North America is at the lower side, as most of the countries in this regions are developed and acquired with modern public transport systems, such as metros, cabs, electric buses and others, hence the demand for e-rickshaws is declining in this regions and hence the market share is also going down.

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E-rickshaw Market: Market Participant

Some of the key players involved in the global E-rickshaw market include Hhw Care Products Pvt. Ltd., Charuvikram Automobiles Pvt. Ltd., A G International Pvt. Ltd., Saera Electric Auto Pvt. Ltd., Gauri Auto India Pvt. Ltd., Yuva E Rickshaw, Xuzhou Hongsengmeng group Co., Ltd., Wuxi Weiyun Motor Co. Ltd., Wuxi Berang International Trading Co., Ltd., Udaan E Rickshaw, Goenka Electric Motor Vehicles Pvt. Ltd., Mini Metro EV LLP, Aditya Automobile, Dilli Electric Auto Pvt. Ltd. among others.

Regional analysis includes:

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

E-Rickshaw Market: Segmentation

Based on the Vehicle Type, the e-rickshaw market can be segmented into,

  • Passenger carrier
  • Load carrier

Based on the Battery capacity, the e-rickshaw market can be segmented into,

  • >101 Ah
  • <101 Ah

Based on Motor power, the E-Rickshaw market can be segmented into,

  • Upto 1,000 W
  • 1,000-1,500 W
  • More than 1,500 W

Based on End user, the e-rickshaw market can be segmented into,

  • Original equipment manufacturer
  • Aftermarket

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Report Highlights:

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

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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
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Ambulance Power Inverter Market Size, Share, Growth Trends, and Forecast Analysis to 2032

The basic function of a power inverter is to convert the direct current (DC) stored in batteries into the standard household alternating current (AC). Power inverter plays an important role in a specialty vehicles, such as ambulances, concession trucks, military trucks and others. Specialty vehicles have one thing in common that they all have an electrical system which is specifically or custom designed for particular needs. Ambulance runs more reliably on constant alternating current than on variable direct current.

The ambulance power inverter market is likely to register a CAGR of 5.5% during the forecast period and is anticipated to reach a market share of US$ 112.17 Bn in 2032.

Emergency vehicles, such as ambulances, fire trucks and other rescue vehicles have the power inverter. Ambulance have many significant devices and sensitive medical equipment’s which needed constant power supply when the vehicle is in transit. Any issue in power supply of ambulance can lead to major loss, hence the ambulance power inverter is a very significant factor in ambulances, and those the demand of ambulance power inverter is growing exponentially.

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Ambulance Power Inverter Market: Dynamics

Ambulances is a type of emergency vehicles which always need an uninterrupted power supply to run its electrical system and all the electronic devices or we can say the sensitive medical equipment’s, those the demand of power inverter in ambulances is growing which driving the ambulance power inverter market across all regions. In addition increasing awareness towards the healthcare facilities such as ambulances and others and government initiatives in the healthcare industry to provide better services and facilities also driving the global ambulance power inverter market.

However, like every other industry this market also have some restraints which hampering the growth of this market, such as ambulance power inverter has a high product cost paired with the low battery life span which act as a major challenge in the automotive power inverter market. Another challenge is the chances of battery deterioration, if the battery attached with power inverters is not in a constant use then there is a chances of battery stagnation is high.

The prominent manufactures in ambulance power inverter market are trying to adopt the new technologies in order to make it more reliable and advance.

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Ambulance Power Inverter Market: Regional Outlook

According to regions, the ambulance power inverter market is anticipated to lead by Asia Pacific region, owing to growing demand of ambulance with advance features such as power inverter and others driving the growth of ambulance power inverter market in this region. Followed by Asia Pacific, North America is estimated to substantial growth in ambulance power inverter market, as adoption of new technologies is increasing in this region and also the growing number of service providers are present in this region, this are some significant factors that helps in the growth of ambulance power inverter market in this region. Europe is expected a stagnant growth in the ambulance power inverter market, as government of various countries in Europe taking initiatives in the healthcare sector, to provide the advance facilities in the healthcare sector which driving the growth of ambulance power inverter market in this region. Middle East and Africa is estimated the stagnant growth during the forecast period, as this region becoming more advance and adopting new technologies.

Some of the significant manufacturers involved in ambulance power inverter market includes Omron Automation Pvt. Ltd, ABB Ltd, Tabuchi Electric Co., LTD., Samlex America Inc., PowerBright, SMA Solar Technology, Magnum Dimensions, Calsonic Kansei, Samlex America, Stanley, and others.

The research report presents a comprehensive assessment of the ambulance power inverter market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to ambulance power inverter market segments such as component, type, application, end-user and region, etc.

Regional analysis includes:

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

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

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Ambulance Power Inverter Market: Segmentation

Globally, the ambulance power inverter market can be segmented on the basis of voltage type, sales channel.

Based on the voltage type, the ambulance power inverter market can be segmented into

  • Less than 5 KW
  • 5-95 KW
  • 100-495 KW
  • More than 500 KW

Based on the application, the ambulance power inverter market can be segmented into

  • Motor drives
  • EVs/HEVs
  • UPS
  • Solar PVs

Based on the sales channel, the ambulance power inverter market can be segmented into

  • OEM
  • Aftermarket

Report Highlights:

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

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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
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Surgical Stapling Devices Market is expected to reach US$ 6.2 Billion by 2031

According to Future Market Insights, the global demand for surgical stapling devices is propelling along with the world’s rising geriatric population. Lesser time consumed by surgical stapling devices for closing wounds, and the accuracy & precision of these devices is favouring their adoption for treating wounds of aged patients. In 2022, close to US$ 2,000 Mn worth of surgical stapling devices were sold in the world. The report projects that these revenues will be doubled by the end of 2031, projecting that the global surgical stapling devices market will soar steadily at 8.4% CAGR.

With deployment of advanced technologies, medical practitioners will keep adopting specialised devices that facilitate specific surgical operations in medical procedures. Rising number of invasive surgeries has necessitated the need for improved devices for wound management. And, surgical staples have effectively replaced sutures for closing wounds during such procedures.

Future Market Insights recently published its report on the global market for surgical stapling devices, the highlights from which indicate that rising number of laparoscopic surgeries performed across the globe have triggered the use of surgical stapling devices.

In the report, titled “Surgical Stapling Devices Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” North America has been identified as the largest market for surgical stapling devices. By the end of forecast period, more than US$ 1,000 Mn revenues will be solely attributed by North America’s surgical stapling devices market.

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Advanced healthcare infrastructure in Western Europe has facilitated the region’s surgical stapling devices market, which will register a value CAGR of 7.9% through 2031. Although, fastest consumption of surgical stapling devices will be witnessed in the Asia-Pacific excluding Japan (APEJ) region. The APEJ surgical stapling devices market is expected to soar at the highest CAGR of 8.6%. 

Leading Manufacturers of Surgical Stapling Devices:

  • Medtronic plc
  • Grena Ltd.
  • Purple Surgical Holdings Limited
  • Dextera Surgical Inc.
  • Johnson & Johnson Services, Inc.
  • 3M Company
  • Meril Life Sciences Pvt. Ltd.

The report reveals that hospitals will remain the largest end-users of surgical stapling devices in the world – accounting for more than 60% of global revenues. Meanwhile, the demand for surgical stapling devices will also gain traction in ambulatory surgical centres. Key findings in the report indicate that powered surgical stapling devices worth US$ 1,182 Mn were sold globally in 2016, while the demand for manual surgical stapling products is anticipated to incur a downtrend in the years to come.

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Throughout the forecast period, six out of ten surgical stapling devices sold in the world are likely to be disposable, while revenues from reusable surgical stapling products will be growing at a sluggish rate. Preference to curved surgical stapling is also on a rise, revenues from which are expected to soar impressively at 9% CAGR.

Dermatological surgeries will undoubtedly require greater number of surgical stapling devices. The report estimates that in 2016, nearly US$ 600 million revenues were amassed from the sales of surgical stapling devices in treatment of skin-related surgical wounds. The use of advanced surgical stapling devices is also expected to gain momentum for closing dissected or ruptured blood vessels during surgeries. Wounds situated in the patient’s digestive tract are also being treated by surgical stapling, and by the end of 2026, around US$ 665 million worth of devices will be consumed for such treatments.

We have segmented the global surgical stapling devices market into six sections. They are as follows: By Region

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

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By End User

  • Hospitals
  • Ambulatory Surgical Centres
  • Others

By Stapling Type

  • Straight
  • Curved
  • Circular

By Usage Type

  • Disposable Surgical Stapling Devices
  • Reusable Surgical Stapling Devices

By Indication

  • Skin
  • Digestive Tract
  • Blood Vessels
  • Hernia
  • Lungs
  • Others

By Product

  • Powered Surgical Stapling Devices
  • Manual Surgical Stapling Devices

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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Trailer Surge Brake Market Brief Forecast and Analysis by Top Key Players to 2032

Trailer surge brakes are the kind of hydraulic brakes that are actuated by using the momentum of the trailer and weight of the trailer. This brakes do not need any external power supply for their work unlike the electric brakes and also they do not require any controller for the proper actuation of the brakes. These brakes can be used for any kind of trailers and does not require electrical connection with the toe vehicles simplifying the connection of the trailer with the tow vehicles.

The global trailer surge brake market is expected to be valued at US$ 5.9 Bn in 2022, and is forecasted to grow at a CAGR of 3% to be valued at US$ 8 Bn from 2022 to 2032.

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Trailer Surge Brake Market: Dynamics

The actuation without any power supply the use of own momentum of the trailer to power the braking assembly are some of the features of the trailer surge brakes which are going to drive the market of the trailer surge brake. Also the hydraulic surge brakes are operated by the laws of physics which can never fail so the failure susceptibility of these brakes is relatively lower the reliability of the operation is likely to increase the implementation of trailer surge brakes by the various end users.

The usage of hydraulic trailer surge brakes also provides a simple assembly of the trailer with towing vehicle and are relatively lower cost than the electric brakes which might prove as contributing factor for improvement in the sales of trailer surge brakes.While there are the numerous advantages of trailer sure brakes which imparting growth in the sales some factors might play a pivotal role in hindering the growth of the market. The hydraulic surge brake could incur more maintenance charges and require a timely repairs while on the other hand electric brakes are nearly maintenance free and could show effective working without any repair requirement. This disadvantage might distract customers from trailer surge brakes and the customers could prefer electric brakes over trailer surge brakes. Also electric brakes provide more braking power than electric surge brake and are more effective for instant stoppage and scenarios where the requirement of more brake power is required for the trailers.

Today, the availability of electric brakes and air brakes is hampering the sales of the trailer surge brakes. The increasing number of manufacturers of electric brakes also compelling the manufacturers to provide the electric brakes with the least cost possible due to the effective slack in the prices of electric brakes the customers are leaned towards installation of electric brakes.

Trailer Surge Brake Marker: Regional Overview

The trailer surge brake market is expected to grow with a steady pace in the market of Europe. With increasing Cargo and Freight services in the market of South Asia the requirement of the trailer surge brakes could show an unprecedented surge. Also due to the increasing use of trailer for marine and also usage of automotive trailer is expected to push the market of North America with above than average growth. The market of Middle East and Africa is expected to remain stagnant due to the limited use of trailers in the majority of African regions. Due to the recovery of the economies of countries in Latin America the automotive market is expected to grow at a slow and steady pace which in turn is going to pave the path for growth in the sales of trailer accessories. The market of East Asia spearheaded by China and Japan is expected to grow at a decent rate over the forecast years.

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Trailer Surge Brake Market: Market Participants

  • Dexter Axle Company
  • CURT Manufacturing LLC
  • Demco
  • TIE DOWN ENGINEERING
  • Heritage Custom Trailers
  • PJ Trailers
  • Croft Trailer Supply
  • Lippert Components, Inc.
  • Atwood
  • Rigid Hitch

The research report presents a comprehensive assessment of the Trailer Surge Brake market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The report also contains projections using a suitable set of assumptions and methodologies.

Trailer Surge Brake Market: Segmentation

On the basis of product type:

  • Drum brakes Trailer surge brakes
  • Disc brakes Trailer surge brakes
  • Hydraulic breakaway trailer surge brakes

On the basis of trailer type:

  • Marine trailer
  • Automobile semi-trailer
  • Automobile full trailer
  • RV trailer
  • Utility trailers

By the position:

  • Front Trailer surge brakes
  • Rear Trailer surge brakes
  • Complete assembly Trailer surge brakes

By sales channel:

  • OEM
  • Aftermarket

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Trailer Surge Brake market report highlights:

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

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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.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
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Automotive Suspension Systems Market : Value Chain, Stakeholder Analysis and Trends by 2032

Emphasis on better ride control performance, smooth and safe ride with no vibrations for the driver are key reasons which have changed the overall scenario for automotive suspension systems market. Automotive suspension systems is very much essential for comfort driving and safety as the suspension carries the vehicle body and transmits all the forces between the body and the road.

From 2022 to 2032, global demand for automotive suspension systems is expected to be worth US$ 62 billion, growing at a CAGR of 4.36 percent to reach US$ 95 billion.

The automotive suspension system consists of wishbones, spring and the shock absorber to transmit and filter all the forces between the body and the road. It provides good ride and handling performance and also ensures that the vehicle responds favourably to control forces produced by the tyres during braking and acceleration forces. Introduction of suspension systems that have enable almost zero vibration in vehicles along with the most optimal quality ride and control are fuelling the overall demand for automotive suspensions systems market. Automotive suspension systems also helps in preventing excess wear and tear of vehicle and its components.

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Automotive Suspension Systems Market: Drivers & Restraints

Increasing number of technological advancements and demand for good suspension systems globally are fuelling the demand for cheap, light in weight and economical automotive suspension systems. Manufacturers are required to invest largely in creation of advanced exhaust systems to meet strict government norms. Strict emission norms and fuel efficiency standards imposed by government in different regions have forced manufacturers to look for different solutions to achieve the same. Although the overall automotive suspension market is growing significantly, challenges such as lack of standardization and high prices of independent suspension systems is hindering the growth for automotive suspensions systems market. However during the forecast period, the companies are expected to drop the prices of automotive suspension systems.

Key Segments Profiled in the Automotive Suspension Systems Industry Survey

Components:

  • Automotive Suspension Spring
  • Automotive Shock Dampener
  • Automotive Suspension Struts
  • Automotive Suspension Control Arms
  • Automotive Suspension Ball Joint
  • Automotive Suspension Air Compressor
  • Automotive Suspension Leaf Spring

Vehicle Type:

  • Two-Wheeler Automotive Suspension Systems
  • Passenger Car Automotive Suspension Systems
  • Commercial Vehicle Automotive Suspension Systems

Region:

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

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Global Automotive Suspension Systems Market: Region-wise Outlook

In terms of geography, the global automotive suspension systems market has been divided in to seven key regions including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Middle East & Africa and Japan.Global suspension systems market is expected to witness high growth in APAC followed by Europe and North America. With introduction of advanced suspension systems market in emerging economies such as India and China, APAC is expected to drive the demand for advanced automotive suspension systems. European countries such as Germany, France and UK dominated sales in Europe. Moreover, increasing demand for automotive sales globally supported by high disposable income is fuelling the overall demand for automotive suspension market and register steady CAGR during the forecast period.

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Automotive Suspension Systems Market: Key Players Some of the market participants in the global automotive suspension systems market are

  • The Benteler Group
  • Continental AG
  • KYB Co., Ltd.
  • Magneti Marelli S.p.A.
  • Mando Corporation
  • Schaeffler AG
  • Tenneco Inc.
  • TRW Automobile Holdings Corporation
  • WABCO Holdings Inc.
  • ZF Friedrichshafen AG

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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
T: +1-845-579-5705
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Garage and Service Station Market Expectations and Growth Trends Highlighted Until 2032

The global garage and service station market is more than just an eye catching phrase which actually embodies all the business coming up from automobile repair workshops that tends to do diagnosis, repair and servicing for automotives. The market is gaining traction with the increasing number of organised players in the global garage and service station market. These stations provides a series of maintenance procedures that are carried out when a vehicle has travelled a certain distance. The intervals for servicing are highly dependent on the type of vehicle and are generally specified by the vehicle manufacturer.

The global market for garage and service station is projected to be valued at US$ 2,031.98 Million as of 2022, representing an annual increment worth 10.2% from 2021. By 2032, the industry is projected to reach US$ 5,927.48 Million, representing a CAGR of 11.3%.

The major services by the garages and service stations are inclusive of engine tuning, replacement of fuel filter, replacement of air filter, replacement of spark plugs, change of engine oils, car washing, greasing and lubricating, etc.

Majorly the demand for garage and related services are dependent on the car usage and number of cars and motors on the road. Convenient location and marketing strategies are some of the chief factors affecting the individual companies’ profitability.

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The rising technological advancements and developments in the automotive market is disrupting the market for garages and service stations. There is a trend of increasing number of personalised vehicles that are networked and technologically radical which at the same time are rooted with driver-assist technologies that tends to fewer accidents and lesser errors and ultimately reducing the need for servicing.

Garage and Service Station: Drivers & Restraints

The garage and service station market is expected to grow due to several factors such as growing automotive industry, increasing safety concerns, increasing automotive aftermarket needs. The marketing of products and services online is increasing which is providing growth potential to the service providers. The increasing number of auto service companies offering various car related services are also responsible for the growing market for garage and service station market.

The auto repairing are still based on trust which is responsible for the fragmentation of the market with large number of small garages and service station. This can again restrain the growth of organized players in the market. On the other hand unorganized local service stations finds difficulty in expanding their base. Additionally rising technological developments are posing threat to the industry. The industry is also facing a major gap in trust and consumer satisfaction with the garages and service stations which is yet again an obstacle restraining the growing garage and service station market

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Key Segments Covered in the Garage and Service Station Market Report

Product Type:

  • Mechanical Repair Garage and Service Station
  • Collision Repair Garage and Service Station
  • Car Washes Garage and Service Station
  • Oil Change & Lubrication Garage and Service Station
  • Other Garage and Service Station Types

Ownership:

  • Automotive Garage and Service Dealerships
  • Franchise General Repair Garage and Service Shops
  • Franchise Specialty Garage and Service Shops
  • Locally Owned Repair Garage and Service Establishments

Sector:

  • Organized Garage and Service Stations
  • Unorganized Garage and Service Stations

Garage and Service Station: Region-wise Outlook

The garage and service station market is expected to register a favourable growth for the forecast period, 2015?2025. The Asia-Pacific and North America market is projected to endure control on the global garage and service station market followed by Europe and Middle East & Africa. The demand for repairing services in surging across Asian regions. The factors contributing to the rising demand in APAC is increasing market of vehicles and succeeding demand for services related to their repair and maintenance.

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Garage and Service Station: Key Players

The global garage and service station market is highly fragmented. Some of the organized auto service companies in the market are Firestone Complete Auto Care, Meineke, Jiffy Lube, Midas, Safelite Group, Monro Muffler Brake etc.

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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
T: +1-845-579-5705
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Widefield Imaging Systems Market is projected to exhibit a CAGR of 8.6% forecast period by 2031

According to a recent study by Future Market Insights (FMI), the global widefield imaging systems market is expected to register high growth during the forecast period. The market is expected to grow from US$ 556.9 Mn in 2021 to over US$ 1.3 Bn by 2031. It is expected register a CAGR of around 8.6% over the forecast period (2021-2031).

Significant rise in cases of diabetic retinopathy is expected to propel the growth of the global widefield imaging systems market during the forecast period.  Widefield retinal imaging includes imaging of peripheral retina that is the main site of various ocular diseases.

Widefield imaging aids in diagnosis of peripheral retina diseases. Occurrence of eye diseases like vision impairment is rising among teenagers. Increasing usage of mobile phones and computers results into digital eye strain, and is mainly responsible for visual impairment among teenagers.

As per the Centers for Disease Control and Prevention, in 2020, approximately 6.8% of children below 18 years have been detected with vision and eye condition in the United States.

Increasing technological awareness and high focus on healthcare innovations are some of the factors encouraging the adoption of these instruments. Additionally, certain companies, as a part of their product strategies, are launching technologically advanced equipment, to consolidate larger market share.

Government funding towards expansion of healthcare infrastructure will support growth in developing countries. Moreover, corporate contracts based on rent-to-own model is a feasible option in emerging economies such as India and Brazil which could create significant opportunities for manufacturers of widefield imaging systems to capitalize on.

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Key Takeaways From Widefield Imaging Systems Market Study

  • Widefield imaging instruments will account for 80% sales in the global market in 2021 of.
  • Diabetic retinopathy is the most rapidly growing segment by indication, accounting for nearly 1/3rd of the market share.
  • Standalone type of modality will remain highly preferred, contributing 56.4% towards overall sales in the market in 2021.
  • Demand in hospitals accounted for 40.2% of widefield imaging systems sales in 2020.
  • North America will remain the dominant widefield imaging systems market globally, exhibiting a CAGR of nearly 8.6% between 2021 and 2031.

Who Is Winning?

The key market players covered by FMI include Heidelberg Engineering GmbH, Visunex Medical Systems, Inc., Carl Zeiss Meditec AG, Clarity Medical Systems, Inc. Optos plc, and Centervue SpA.

The leading manufacturers of widefield imaging systems are focusing on new product development and launch of advanced versions of existing devices. Their aim is primarily to expand their portfolio to gain competitive edge. For instance:

  • In March 2020, Heidelberg Engineering announced the reintroduction of its HRT3 Rostock Cornea Module (RCM) to offer in vivo corneal confocal microscopy in its anterior segment product portfolio, supporting cornea specialists worldwide to further improve patient care.
  •  In August 2020, ZEISS announces new software for the IOLMaster® 700, with enhanced features and connectivity designed to improve the cataract surgeons’ workflow efficiency and support better outcomes for surgeons and patients.

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Widefield Imaging Systems Market By Category

By Component:

  • Instrument
  • Software
    • Image Viewing Software
    • Data Analysis and Interpretation Software

By Indication:

  • Diabetic Retinopathy
  • Retinopathy of Prematurity
  • Pediatric Retinal Diseases
  • Retinal Vein Occlusion
  • Ocular Oncology
  • Uveitis
  • Chorioretinal Disease
  • Glaucoma
  • Others

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By Modality:

  • Standalone
  • Portable

By End User:

  • Specialty Clinics
  • Hospitals
  • Ambulatory Surgical Centers

By 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:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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