Liposuction Market is projected to witness growth at 6.8% CAGR from 2022 to 2032 | FMI

[210 Pages Report] As per Future Market Insights, the global liposuction market was valued at over US$ 4.5 Bn in 2021 and is expected to exhibit a value of US$ 9.1 Bn by the end of 2032, with a projected CAGR rate of 6.8%.

Increasing prevalence of obesity and unwanted body fat across the globe is driving the demand in the market. Growth in the market is also attributed to rising adoption of new technical measures and minimally invasive procedures with advancements in control systems.

Liposuction procedures are gaining traction among all age groups such as rhinoplasty and breast enhancement.  As a result, the surge in obese populations in several regions has paved the way for technologically advanced surgical procedures that are to be commercialized.

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Power-assisted liposuction and laser-guided liposuction are gaining importance because of faster recovery, reduced time for the hospital stay, and enhanced patient outcomes.  The development of the liposuction market is also underpinned by increasing popularity of cosmetic surgeries with enhanced features, adoption of minimally invasive surgeries, and prevalence of stubborn fat accumulation in several body parts.

In February 2021, the International Society of Aesthetic Plastic Surgeons published the top countries which perform, and are at best in surgeries. The list included South Korea which is a prime hub for liposuction, nose jobs, and blepharoplasty. The U.S. is said to be popular in liposuction procedures, while Columbia has also displayed growth in the number of cosmetic surgical procedures.

Key Takeaways from Market Study

  • Power-assisted liposuction accounted for 5% market value share in 2021 and is expected to display a CAGR growth of 8.5% over the forecast period.
  • By anatomy, the abdomen segment led the market with around 0% of share in 2021. The procedures for fat reduction of the abdomen have displayed positive clinical outcomes when performed using advanced liposuction procedures.
  • Plastic surgery & cosmetic clinics as end-users held a higher share in the liposuction market by a value of 7% in 2021.
  • Latin America is slated to be a leading region with a value share of 6% at the end of the forecast period on the back of growing medical tourism and availability of cost-effective cosmetic surgical procedures

“With rising adoption of minimally invasive liposuction procedures and prevalence of obesity across the globe, the market is expected to witness growth at an exponential rate over the forecast period,” says an analyst of Future Market Insights.

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Market Competition

Recognition, acquisitions, expansion, development of an extensive product and product launches are the key strategies adopted by manufacturers and integrators to increase the consumer base in different geographies. The market for liposuction devices is fragmented, thus providers are employing growth tactics such as R&D investment to stay competitive.

  • In 2021, Alma Lasers introduced the Alma PrimeX™ platform for skin tightening procedures and body contouring.
  • Apyx Medical Corporation announced the publication of two distinct peer-reviewed studies in the journal Dermatological Reviews in October 2020, which add to the growing body of clinical evidence supporting the use of Renuvion (liposuction device).

What does the report cover?

Future Market Insights offers a unique perspective and actionable insights on the liposuction market in its latest study, presenting a demand assessment of 2017 – 2021 and projections for 2022 – 2032.

The research is based on procedure type – (manual liposuction, ultrasound-assisted liposuction, power-assisted liposuction, laser-guided liposuction), anatomy-(abdomen, upper arms, buttocks, calves and ankles, chest and back, hips and thighs, chin and neck), and by end-user (healthcare settings, ambulatory surgical centers, plastic surgery and cosmetic clinics), across seven key regions of the world.

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About Healthcare Division at Future Market Insights

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

Key Market Segments Covered In Liposuction Industry Research

By Procedure Type:

  • Manual Liposuction
  • Ultrasound-Assisted Liposuction
  • Power-Assisted Liposuction
  • Laser-Guided Liposuction

By Anatomy:

  • Abdomen
  • Upper arms
  • Buttocks
  • Calves and ankles
  • Chest and back
  • Hips and thighs
  • Chin and neck

By End-User:

  • Hospital Setting
  • Ambulatory Surgical Centres
  • Plastic Surgery and Cosmetic Clinics

About FMI:

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

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Feminine Hygiene Products Market is growing at a CAGR of 7.0% for the period by 2031

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

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

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

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

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

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

Key Takeaways from Feminine Hygiene Products Market Study

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

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

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

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Why Future Market Insights?

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

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

Feminine Hygiene Products Market by Category

Product type:

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

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Distribution Channel:

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

Region:

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

About FMI:

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

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Lubricant Testing Machine Market to grow at a CAGR of 3.24% to be valued at US$ 110 Billion from 2022 to 2032

Global lubricant testing machine demand is anticipated to be valued at US$ 80 Billion in 2022, forecast to grow at a CAGR of 3.24% to be valued at US$ 110 Billion from 2022 to 2032. Growth is attributed to increased demand for lubricant testing machines from automotive industry

They are also used in automotive industry for smooth working and durability of engines and other components, abrasion and lowering of heat generated through friction while locomotion of the engine. Lubricants are available in semi-fluid, solid state, and possess numerous features, such as low freezing point, high level of thermal stability, high viscosity index and high boiling point all of which help to lessen friction among surfaces of machine parts and the rate of wear & tear, without negotiating operational efficiency.

To check the aforementioned properties, lubricant testing machines are used to measure these properties and indicate the actual findings. The findings from the lubricant testing machine can help the lubricant manufacturer in rectifying the lubricant quality. Lubricant testing machines are generally employed by product grade certification and testing agencies as well as by the lubricant manufacturer’s internal product development unit.

Lubricant Testing Machine Market: Constant need of technological upgrade
The frequent technological developments in the production of automobiles and industrial machinery have intensified the need for environment-friendly lubricants, high-performance, and their additives.

This in turn has enabled the lubricant manufacturers to maintain product conformance standards and develop new prototypes in meeting the updated product characteristics. The lubricant testing machine market is thus said to benefit from sales of units to the product manufacturers who have otherwise previously never endorsed regular quality tests.

The lubricant testing machine is also slated to be used by end users of lubricants such as automotive, marine, and aerospace, etc. which will aid their product performance.

There has been increasing usage of multigrade lubricants. This tendency is mainly in North America and Europe. Multigrade oils are ideal in these regions due to their better performance in extreme cold climates. Consequently, the engine start-up process is often stuck. To check the antifreeze / anti-knocking properties, the lubricating testing machine market has witnessed a significant growth in its use for the same.

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Lubricant Testing Machine Market: Lubrication Quality Regulations

There are various standards and guidelines related to monitoring oil condition & lubricant testing, and assessment of the lubricants used in your machinery, engines and other similar systems. For instance,

  • SAE (Society of Automotive Engineers): The SAE grade regulates the lubricant’s fluidity at low and high temperatures. It classifies lubricants for engines and transmissions on the basis of their thickness at a reference temperature
  • ACEA: The European Automobile Manufacturers’ Association categorizes lubricants based on their requirements and technical specifications of each engine type. Numerous tests are performed in order to categorize lubricants into uniform categories, mainly using European driving and engines conditions
  • API: The American Petroleum Institute is an organization that signifies the natural gas and petroleum industry
  • ILSAC: The International Lubricants Standardization and Approval Committee is accountable for creating lubricant specifications for commercial cars
  • JASO: The Japanese Automotive Standards Organization (JASO) has its own standards in terms of quality and performance for Japanese engines
  • EURO Standards: The European Community standards specify maximum restricts for heavy-duty vehicle emissions

Lubricant Testing Machine Market: Dynamics
Increase in demand from end use sectors such as automotive, oil & gas, industrial machinery and others will spur demand for lubricant testing machine market. Moreover, stringent regulation and guidelines related to lubricant market will also support the demand lubricant testing machine market for the forecast period.  However long shelf life of lubricant testing machines and limited end user sales reach will act as a market restraint.

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Lubricant Testing Machine Market: Segmentation
On the basis of end use sector, the Lubricant Testing Machine market can be segmented into:

  • Automotive Lubricant Testing Machine
  • Marine Lubricant Testing Machine
  • Industrial Lubricant Testing Machine
  • Oil & Gas Lubricant Testing Machine
  • Others Lubricant Testing Machine

On the basis of type of machine, the Lubricant Testing Machine market can be segmented into:

  • Drive-Trains Lubricant Testing Machine
  • Turbines Lubricant Testing Machine
  • Ships Lubricant Testing Machine
  • Trains Lubricant Testing Machine
  • Generators Lubricant Testing Machine
  • Offshore Platforms Lubricant Testing Machine
  • Others Lubricant Testing Machine

Lubricant Testing Machine Market: Market Participants
Examples of some of the market participants/vendors identified in the Lubricant Testing Machine market across the globe are:

  • Integrated Scientific Ltd.
  • Intertek Group Plc
  • Amtek Spectro Scientific
  • Koehler Instrument Company, Inc.
  • Wadegati Labequip Pvt. Ltd.
  • Gianni Scavini di R. Scavini & C. snc
  • Bimal S.p.A
  • Geresco

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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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Fumigation Service Market is expected to grow at a CAGR of 4.2% during the forecast period from 2022 to 2032

The global fumigation service market  is expected to grow at a CAGR of 4.2% during the forecast period from 2022 to 2032.

Fumigation is segmented on the basis of application which include ants, bed bugs, cockroaches, termites, beetles, flies, wasp and others (moths and mites). Among all these segment bed bugs is expected to account for major market share in terms of revenue followed by termites and flies.

Fumigation is a process of controlling pest through gaseous pesticide. Fumigation service market has shown a substantial growth and is expected to demonstrate a significant growth over the forecast period. Growing demand for controlling pest and increasing health concern as is driving the market growth.

Fumigation Service Market Segmentation

Global fumigation service market is also segmented on the basis of type which includes natural fumigation and artificial fumigation. Artificial fumigation service is expected to account for the highest market share in terms of value.

High percentage of the consumers are using artificial fumigation which is attributed to the segment growth during the forecast period. However natural fumigation segment in fumigation service market is expected to exhibit highest growth over the forecast period. Increasing demand for natural and ecofriendly products among the consumers across the globe is expected to support the growth of natural fumigation segment in fumigation service market over the forecast period.

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Furthermore, global fumigation service market is also segmented on the basis of end user which includes commercial and residential. Among both of these segment commercial segment is expected to contribute major share in terms of revenue. Due to rising health concern and to maintain healthy work environment is expected to drive the commercial segment growth in fumigation service market over the forecast period.

Residential segment is also expected to account for substantial growth over the forecast period. Growing awareness about pest services and improved standard of living is expected to contribute to the growth of residential segment over the forecast period. Moreover, increasing concern to protect crops from getting destroyed from these pest is also expected to support the growth of commercial segment during the forecast period.

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Commercial segment is further sub segmented as transportation services (containers), warehouse, farm/field, corporate offices and hospitality industry.  It is expected that transportation service (containers) to be the major sub segment in terms of value contribution. Increased concern of importer and exporter to save their goods is expected to drive the growth of transportation service (container) segment in fumigation service market.

Globally, North America is expected to occupy the major position on the pie in terms of revenue in fumigation service market. In the region the U.S. is expected to account for major market share during the forecast period.

This is due to the stricter federal and state regulations for commercial segment across the country. Moreover, emerging economies such as Asia Pacific, Latin America is expected to show lucrative business opportunities for fumigation services. This is because these region possess warmer climate which is suitable condition for pest to grow.

Fumigation Service Market Drivers

Increasing health issues and strict regulatory requirements especially in hospitality industry and food sector is expected to contribute to the market growth during the forecast period.

Moreover rising awareness regarding the availability of fumigation services coupled with improved standard of living especially in emerging economies is expected to fuel the growth of fumigation service market during the forecast period. In addition, continuous launch of eco-friendly products and bio-pesticides is also expected to drive the demand of fumigation service market in the near future.

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Fumigation Service Market Key Players

Global fumigation service market is highly fragmented and dominated by large number of local players.  Some of the major players operating in fumigation service market includes AlwaysEco Inc, EcO? B.V, Fumigation Services, Rentokil Initial plc, Flick Anticimex, Presto-X, WESTERN FUMIGATION, Alpha Fumigation Services Ltd among others.

The report covers exhaustive analysis on:

  • Fumigation Service Market Segments
  • Fumigation Service Market Dynamics
  • Historical Actual Market Size, 2012 – 2014
  • Fumigation Service Market Size & Forecast 2015 to 2025
  • Supply & Demand Value Chain
  • Fumigation Service Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Fumigation Service Market Drivers and Restraints

Regional analysis for Fumigation Service Market includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Argentina & Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

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

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

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

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Peripheral Vascular Stents Market Analysis By Key Growth Factors And Opportunities Forecast To 2028

According to the latest market report published by Future Market Insights, titled ‘Peripheral Vascular Stents Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028’, the global peripheral vascular stents market is expected to expand at a CAGR of 6.6% over the forecast period 2022–2028.

FMI estimates that the global market for peripheral vascular stents is to be valued at US$ 2,822.5 Mn in 2022 and is expected to expand at CAGR of 6.6% over 2022–2028, to reach US$ 5,324.1 Mn by 2028 end. Based on product type, the self-expanding stents segment dominated the global peripheral vascular stents market, with over 52.1% value share in 2021.

The segment is expected to grow at above 6.6% CAGR over the forecast period.North America is expected to maintain its dominance in the global market due to regulatory approval of several new products such as drug eluting stents in the U.S., Europe and Japan.

Increasing awareness of peripheral surgeries and prevalence of peripheral artery disease in developing countries such as India and Brazil remains the major factor driving the demand for peripheral vascular stents. Increasing in number end users and growing number of ambulatory surgical centres are the other major factors expected to drive the growth of the global peripheral vascular stents market.

An intravascular stent is a synthetic tubular mesh structure used for permanent implant in graft or native vasculature. A stent is basically designed to provide mechanical radial support after assigning; the support is meant to improve vessel patency over the life of the device. After the stent is placed in the intended location, it is expanded by a balloon or self-expanding mechanism.

Global Peripheral Vascular Stents Market: Segmental Forecast

The global peripheral vascular stents market has been segmented on the basis of product type, artery type, end user and regions. Globally, the self-expanding stents is expected to be the most attractive segment from the manufacturers’ point of view. Although there is a high demand for drug eluting stents and the segment leads in terms of market volume in the forecast period, high price of drug eluting stents would lead to low revenue contribution of the product type segment. Among all the artery types, high demand of peripheral stents is expected to come from iliac artery segment due to growing prevalence for peripheral artery disease in many countries across the globe.

Global Peripheral Vascular Stents Market: Regional Analysis

In terms of value, the global peripheral vascular stents market is expected to expand at 6.6% CAGR over the forecast period of 2022–2028. With nearly 48.5% market share, North America dominated in the global peripheral vascular stents market in 2021, partly due to penetration of newly approved drug eluting stents in the U.S. Western Europe is expected to be the second large market globally, with the U.K., Italy, France and Germany being countries with high growth rates. APEJ is expected to be the second large market for peripheral vascular stents, primarily due to improving immunization access and availability of cost-effective surgeries.

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Global Peripheral Vascular Stents Market: Competition Tracking

The market for peripheral vascular stents is consolidated with few players contributing over 55% of revenue share. The key players identified in the global market include Medtronic Plc., Becton, Dickinson and Company, Cardinal Health, Inc., B. Braun Melsungen AG, MicroPort Scientific Corporation, Boston Scientific Corporation, BIOTRONIK SE & Co. KG, Abbott Laboratories, W.L. Gore & Associates Inc., and Cook Medical Inc., among others. Acquisition of established products to gain immediate growth is the key strategy adopted by key players in the market.

Market Segmentation:

Peripheral Vascular Stents Market by Product Type:

  • Self-Expanding Stents
  • Balloon-Expanding Stents
  • Covered Stents
  • Drug-Eluting Stents

Peripheral Vascular Stents Market by Artery Type:

  • Carotid Artery
  • Fem-Pop Artery
  • Iliac Artery
  • Infrapop Artery

Peripheral Vascular Stents Market by End User:

  • Hospitals
  • Ambulatory Surgical Centers/Outpatients

Peripheral Vascular Stents Market by Region:

  • North America Peripheral Vascular Stents Market
  • Latin America Peripheral Vascular Stents Market
  • Europe Peripheral Vascular Stents Market
  • East Asia Peripheral Vascular Stents Market
  • South Asia & Pacific Peripheral Vascular Stents Market
  • Middle East & Africa (MEA) Peripheral Vascular Stents Market

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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. Global Peripheral Vascular Stents Market Opportunity Analysis

3.1. Macro-Economic Factors

3.2. Opportunity Analysis

  1. Market Background

4.1. Key Manufacturer List

4.2. Market Dynamics

4.2.1. Drivers

4.2.2. Restraints

4.2.3. Trends

  1. Key Inclusions

5.1. Regulatory Scenario

5.2. Reimbursement Scenario

5.3. Pricing Analysis

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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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Zika Virus Testing Market by Manufacturers, Regions, Type and Application, Forecast to 2031

The global zika virus testing market experienced a moderate incline, experiencing a CAGR of just above 2% between 2017 and 2020, being valued at a little over US$ 4 billion, as per ESOMAR-certified firm Future Market Insights (FMI) latest report on the landscape.

Growth was majorly underpinned by the introduction of numerous point-of-care powerful testing approaches to facilitate timely detection of the virus.

According to FMI’s analysis, clinicians have been exhibiting a high preference towards enzyme linked immunosorbent assay (ELISA) tests.

Compared to other immunoassay methods, ELISA tests are more accurate, are considered highly sensitive, specific and compare favorably with other methods used to detect substances in the body, such as radioimmune assay (RIA) tests.

Prominent players are experiencing immense growth opportunities across tropical regions, attributed to the high concentration rate of the zika virus across such regions as the Caribbean, Central America, Africa and the Asian sub-continent.

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Players such as EUROIMMUN have emerged at the forefront, being the first diagnostics company to provide a testing approach to detect the zika virus. Its product lines include the Anti-Zika Virus ELISA (IgA or IgG or IgM or IgAM) fully automatable test and the IIFT Arbovirus Fever Mosaic 2 (IgG or IgM) test.

Key Takeaways from FMI’s Zika Virus Testing Market Study

  • By test type, ELISA-based zika virus testing surpassed US$ 4 billion until 2020
  • By end-user, private commercial laboratories to remain primary point of contact for availing zika virus testing
  • Multiple regulatory approvals for various testing approaches by the FDA to bolster US zika virus testing market growth
  • Brazil to attract major zika virus testing providers amid increasing governmental initiatives to contain its spread
  • Growing focus on pregnant women’s health to accelerate testing volumes in Puerto Rico
  • UK to experience limited uptake amid the non-notifiable nature of the disease due to limited outbreaks

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Competitive Landscape

Prominent zika virus testing manufacturers are reliant on offering advanced testing approaches in order to yield quicker results so as to facilitate timely treatment.

Besides, key research laboratories and organizations also emphasize on expanding their testing capabilities by virtue of strategic acquisition and collaboration agreements.

In 2017, the US FDA issued an Emergency Use Authorization (EUA) to authorize the RealStar® Zika Virus RT-PCR Kit for the in vitro qualitative detection of Zika virus with specified instruments.

This test is offered by Altona Diagnostics GmbH, and tests presence of the virus in human serum, EDTA plasma and/or urine. Similarly, ARUP Laboratories offers both serology and RT-PCR tests for detecting the zika virus. The former is called the Zika Virus IgM Antibody Capture (MAC) based on the ELISA technique. In the latter case, the test is conducted by collecting patients’ blood or urine samples.

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Animal Model Market Trends, Regulations And Competitive Landscape 2028

The global Animal Model Market is estimated to be valued at US$ 1.7 Bn in 2022, and is projected to reach US$ 2.4 Bn by 2028, registering a healthy CAGR of 6.6% from 2022 to 2028.

According to a recently compiled study by Future Market Insights, the global Animal Model Market will reflect an impressive CAGR through the forecast period, 2017 to 2026. Revenues from the global market for animal model are poised to surpass US$ 2,200 Mn by 2026-end.

Leveraging Animal Models offers Better Understanding of Different Diseases

Animals and human beings share a common biological as well as physiological structure. Animals possess shorter life cycle, however they have high genotype resemblance. It is simple and easy to control the animal environment as compared to the human beings.

Key Takeaways from FMI’s Report on Global Animal Model Market

North America is expected to remain the largest and fastest expanding market for animal model, with revenues estimated to surpass US$ 800 Mn by 2026-end. Between animal model markets in Asia-Pacific and Europe, the former will account for relatively larger revenue share, whereas the latter will expand at a comparatively higher CAGR through 2026. Although the market in South Korea will account for the lowest market revenue share, revenues are projected to expand at a relatively higher CAGR than those from the markets in Latin America and Middle East & Africa (MEA) through 2026.

On the basis of species, revenues from rats and mice are projected to account for over two-fifth share of the market by 2026-end. Revenues from use of rats in animal models will expand at the highest CAGR in the market through 2026. In addition, revenues from use of cats and monkeys in animal models will rise at a nearly equal CAGR through 2026. Dogs and pigs are expected to remain the least lucrative species used in animal models during the forecast period.

Contract research organizations (CROs) and biotechnology companies are anticipated to remain the fast expanding end-users of animal models. Revenues from these two end-users are collectively forecast to surpass US$ 850 Mn by 2026-end. In terms of revenues, academic & research institutions and pharmaceutical companies will continue to be dominant end-users in the global animal model market.

Basic and applied research application of animal model will continue to register the fastest expansion through 2026. However, drug discovery/development will remain the most lucrative application of animal model.

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Key companies actively contributing to growth of the global animal model market include Transposagen Biopharmaceuticals, Inc., Envigo CRS SA, Crown Bioscience, Inc., Eurofins Scientific SE, Genoway SA, Taconic Biosciences, Inc., Trans Genic Inc, The Jackson Laboratory, Horizon Discovery Group plc, and Charles River Laboratories International, Inc.

Key Segments of Animal Model Industry Research

Animal Model Market by Species:

  • Rats
  • Mice
  • Guinea Pigs
  • Rabbits
  • Monkeys
  • Dogs
  • Pigs
  • Cats
  • Other Species

Animal Model Market by End User:

  • Academic & Research Institutions
  • Pharmaceutical Companies
  • Biotechnology Companies
  • Contract Research Organizations (CROs)
  • Other End Users

Animal Model Market by Application:

  • Basic and Applied Research
  • Drug Discovery/Development

Animal Model Market by Region:

  • North America Animal Model Market
  • Latin America Animal Model Market
  • Europe Animal Model Market
  • East Asia Animal Model Market
  • South Asia & Pacific Animal Model Market
  • Middle East & Africa (MEA) Animal Model Market

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Table of Content

  1. Global Economic Outlook
  2. Global Animal Model Market – Executive Summary
  3. Global Animal Model Market Overview

3.1. Introduction

3.1.1. Global Animal Model Market Taxonomy

3.1.2. Global Animal Model Market Definition

3.2. Global Animal Model Market Size (US$ Mn) and Forecast, 2013-2028

3.2.1. Global Animal Model Market Y-o-Y Growth

3.3. Global Animal Model Market Dynamics

3.4. Global Animal Model Market Attractiveness By Region

3.5. Supply Chain

3.6. Cost Structure

3.7. Types of Animal Models

3.8. Animal Models in Disease Research

3.9. Regulatory Scenario in Animal Model

3.10. Product Life Cycle

3.11. PESTL Analysis

3.12. Technology Roadmap of Animal Model

3.13. Designing an Animal Model for Clinical Research

3.14. Number of Animals Used for Research and Testing Worldwide

3.15. Number of Animal Used for Research in South Korea (2008 – 2016)

3.16. Research and Development (R&D) Investment Country – Wise

3.17. List of Distributors

3.18. Key Participants Market Presence (Intensity Map) By Region

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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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Insulin Delivery Pens Market Development, Analysis and Demand 2027

A new research report by FMI titled ‘Insulin Delivery Pens Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027) gives an overview of the global insulin delivery pens market along with a comprehensive market forecast for the period 2017-2027. Insulin pens are used as an effective solution for diabetes management. With the current technological advancements, insulin now comes with different variants like reusable pens that can be used by just loading insulin cartridges available in packs. Disposable insulin pens contain a prefilled cartridge and the entire pen is disposed or thrown away providing convenient delivery of insulin. Smart insulin pens are the latest advancement in diabetes management.  These smart insulin pens are either Bluetooth enabled wireless devices allowing automatic data sharing or devices that require data sharing with a dedicated USB data cable. These pens also come with a feature incorporating a clinician configured bolus calculator with the ability to deliver multiple insulin doses every day safely and discreetly.

Global Insulin Delivery Pens Market: Dynamics

Several factors contribute to the growth of the global insulin delivery pens market. One major driver is the move towards value based compensation models for therapies from unit priced payment models that are more commonly used to self-administer treatment for chronic diseases like diabetes. The shift is prominently seen in regions such as U.S. and Europe. This shift, in turn, results in increased demand for technology driven insulin delivery systems with higher levels of accuracy and patient compliance in addition to providing patients with the necessary coaching and education. The demand for smart insulin pens has also increased globally as healthcare stakeholders seek to gather useful information from clinical trials and the real world environment. Also, diabetes being chronic and a very expensive disease, people look for options to reduce the expenses related to the regular check-ups of diabetes. Smart insulin pens help patients keep a check on their diabetes with all the necessary dosage data pertaining to the disease and its effective management.

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Global Insulin Delivery Pens Market: Segmental Highlights

The global insulin delivery pens market is segmented into various segments based on product type, indication, distribution channel and region. The report presents the analysis of every market segment along with the yearly growth rate, revenue share and pricing analysis. Some of the key segmental highlights from the report are as under:

Among the regional markets, North America is expected to emerge the dominating market in terms of revenue, with a market value of almost US$ 2,000 Mn in 2017 and an estimated market value reaching over US$ 5,500 Mn by the end of forecast period in 2027.

In the product type segmentation, the reusable insulin pens segment is anticipated to dominate the market in terms of revenue share. Within the reusable insulin pens segment, refillable insulin pens is projected to stay at a high market valuation throughout the forecast period, reaching an estimated US$ 9,183.0 Mn by 2027 end at a CAGR of 10.2%.

By indication, the market is categorised into Diabetes Type 1 and Diabetes Type 2, among which the Diabetes Type 2 segment leads the market with a market valuation expected to reach over US$ 12,300 Mn by the end of 2027, growing at a CAGR of 10.5% during the forecast period.

In the distribution channel category, the hospital pharmacy segment is expected to remain dominant, with a market value of over US$ 1,900 Mn in 2017. This segment is in close competition with the online sales segment, which is ahead of the hospital pharmacy segment in terms of CAGR, with a growth rate of 11.7% during the forecast period.

Global Insulin Delivery Pens Market: Competitive Landscape

This research report includes a brief profile of some of the major players in the global insulin delivery pens market. These descriptive profiles provide information on the overall development of the companies along with their future strategies. Some of the companies featured in the report are Sanofi S.A., Companion Medical, Inc., Patients Pending Ltd, Diamesco Co., Ltd., DiabNext, Owen Mumford Ltd, and Emperra GmbH E-Health Technologies.

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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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Pigmented Lesion Treatment Market Supply, Demand, Market Value, Infrastructure and Competition 2022

A new report published by Future Market Insights (FMI) projects that the global pigmented lesion treatment market will witness an above-average CAGR between 2017 and 2022 to reach a valuation of US$ 375 Mn.

In the past couple of years, demand for pigment lesion treatment has increased to a significant extent. Pigmented lesion is a skin disease or condition that is becoming increasingly popular across the globe.

The condition is more prevalent in the elderly population as aging is one of its prominent causes. A patient suffering for pigmented lesion will develop marks on the skin, primarily on facial skin.

In some cases, a person can develop the condition due to extreme sun exposure. Other causes of pigmented lesion include endogenous and exogenous aetiologies.

Presently, there is a wide range of treatment available for pigmented lesion. These novel treatments are quite effective and affordable.

Companies are focusing on development of advanced treatment modules that are cost-effective and deliver superior results.

Many of the companies are launching novel non-invasive med-aesthetic systems that are capable of effectively treating severe impacts of pigmented lesions.

Due to their effectiveness and comfort, these innovative treatments are rapidly gaining patient trust. Moreover, the latest pigmented lesion treatment devices ensure patient safety as well as do not cause any adverse side effects.

Extensive use of synthetic makeup, smoking and consumption of intoxicants can also influence the development of pigmented lesion.

Pigmentation, mottled, dyschromia, telangiectasia, melisma, solar lentigo, rosacea, broken capillaries, poikilormera, and erythema are some of prominent types of pigmented lesions. Such conditions may also arise due to various natural or environmental causes such as genetic makeup, aging phenomena and photodamage.

In some rear events, a person may also develop pigmented lesion as a side effect of any other medical procedure he or she undergoing.

Development, freckles, pigment-related marks, age spots, hyperpigmentation, pigmented nevi and actinic keratosis are some of the characteristics of pigmented lesion.

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Key Insights from Global Pigmented Lesion Treatment Market Include:

  • Pigmented lesion treatment market is North America market will retain its dominant position throughout the forecast period. The region is anticipated to account for a significant revenue share of the global market in 2017 and beyond. In addition, the region’s market is projected to soar at an impressive CAGR between 2017 and 2022.
  • Presence of top market participants coupled with widespread consumer awareness about the availability of advanced treatment modules is supplementing the growth of the market in the region. Furthermore, the desire to look attractive and young among consumers who have passed their youth is likely to influence the demand for pigmented lesion treatment in the forthcoming years.
  • Based on products, demand for IPL devices is expected to remain significantly high in 2017 and beyond. Global sales of IPPL devices is anticipated to command for more than 50% revenue share of the market.
  • Over US$ 190 Mn worth IPL devices are estimated to be shipped globally by 2022-end. Meanwhile, energy bases devices are expected hold the second spot throughout the assessment period.
  • Dermatology clinics will remain the largest end users of pigmented lesion treatment devices during the forecast period (2017-2022).

Competition Tracking

Fotona d.d., Alma Lasers, Ltd., EL.En. S.p.A., Solta Medical Inc., Cynosure, Inc., Syneron Medical Ltd., Cutera Inc., Sciton, Inc., Lynton Lasers Ltd, Lumenis Ltd., Strata Skin Sciences, Inc., and Lutronic Corporation are some of the leading companies operating in the global market for pigmented lesion treatment.

Market Segmentations:

Product:

  • Energy Based Devices
  • RF Devices
  • Ultrasound Devices
  • IPL Devices

End User:

  • Dermatology Clinics
  • Beauty Clinics

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Table of Content

  1. Global Pigmented Lesion Treatment Market – Executive Summary
  2. Global Pigmented Lesion Treatment Market Overview

2.1. Introduction

2.1.1. Global Pigmented Lesion Treatment Market Taxonomy

2.1.2. Global Pigmented Lesion Treatment Market Definition

2.2. Global Pigmented Lesion Treatment Market Size (US$ Mn) and Forecast, 2012-2022

2.2.1. Global Pigmented Lesion Treatment Market Y-o-Y Growth

2.3. Global Pigmented Lesion Treatment Market Dynamics

2.4. Supply Chain

2.5. Cost Structure

2.6. Regulations

2.7. Procedure Numbers By Region

2.8. Pricing Analysis

2.9. Key Participants Market Presence (Intensity Map) By Region

  1. Global Pigmented Lesion Treatment Market Analysis and Forecast By Product

3.1. Global Pigmented Lesion Treatment Market Size and Forecast By Product, 2012-2022

3.1.1. Energy Based Devices Market Size and Forecast, 2012-2022

3.1.1.1. Revenue (US$ Mn) Comparison, By Region

3.1.1.2. Market Share Comparison, By Region

3.1.1.3. Y-o-Y growth Comparison, By Region

3.1.2. RF Devices Market Size and Forecast, 2012-2022

3.1.2.1. Revenue (US$ Mn) Comparison, By Region

3.1.2.2. Market Share Comparison, By Region

3.1.2.3. Y-o-Y growth Comparison, By Region

3.1.3. Ultrasound Devices Market Size and Forecast, 2012-2022

3.1.3.1. Revenue (US$ Mn) Comparison, By Region

3.1.3.2. Market Share Comparison, By Region

3.1.3.3. Y-o-Y growth Comparison, By Region

3.1.4. IPL Devices Market Size and Forecast, 2012-2022

3.1.4.1. Revenue (US$ Mn) Comparison, By Region

3.1.4.2. Market Share Comparison, By Region

3.1.4.3. Y-o-Y growth Comparison, By Region

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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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ADAS Calibration Equipment Market is Estimated to Reflect Highly Impressive Growth with 11.4% CAGR

The ADAS calibration equipment market has been significantly impacted by the ongoing coronavirus pandemic in 2020. Restrictions on operations and supply chains of the global automotive industry in addition to shortages of manpower and components owing to supply chain disruptions has limited short term growth of the industry.

According to analysts from Future Market Insights (FMI), the ADAS calibration equipment industry is expected to display a very impressive 11.4% CAGR for the assessment period between 2020 and 2030. As per the latest report the market is likely to gain ground with investments in the automotive industry towards technology needed for autonomous driving functions.

The ADAS calibration equipment sector will largely display an upward trajectory for the duration of the projection period, driven by frequent innovations in ADAS camera and sensor technology and product development investments by calibration equipment manufacturers. On the other hand, the high costs of ADAS systems, lack of consumer awareness, and applications restricted primarily to premium vehicles limit demand for ADAS calibration equipment.

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Key Takeaways

  • The advanced driver assistance system calibration equipment market size was valued at over 226 million in 2019, with demand slipping significantly during the covid-19 pandemic, owing to strict lockdown regulations restricting automotive production operations.
  • Passenger vehicle applications of ADAS calibration equipment are major contributors to revenue, aided by favorable safety regulations imposed by the EU government, and higher global demand for premium vehicles.
  • Automotive OEMs hold a larger market share than that of service stations and tier 1 suppliers, on the back of spending capabilities for large-scale use of cutting-edge tech in the ADAS sector. However, services stations are also projected to reflect a sharp rise through 2030.
  • Europe will remain a leading regional market for ADAS calibration equipment through 2030, with lucrative opportunities arising from the presence of international automotive manufacturers and favorable regulations assisting market growth for the long term.

“Rising demand for advanced features in passenger vehicles is a key factor boosting the demand for ADAS calibration equipment. East Asia is projected to display rapid growth in the coming decade, with rising adoption of ADAS in mid-range vehicle offerings,” says a lead analyst at FMI.

Covid-19 Impact on Advanced System Driver Assistance Calibration Equipment Market

The covid-19 pandemic has had a negative impact on the ADAS calibration equipment market. Restrictions on the automotive industry have resulted in delays in terms of automotive production, which has resulted in a significant slump in short term demand.

In addition, ADAS calibration equipment manufacturers are also facing challenges in terms of cash flow, reduced access to manpower and a shortage of component supplies, which are hindering operations in the industry.

However, the market is likely to display strong recovery towards 2021, with relaxation on lockdown restrictions, pending automotive production orders, and the transition towards electric vehicles, which are expected to generate lucrative opportunities for manufacturers in the years to come.

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Who is Winning?

Future Market Insights has provided a comprehensive analysis of the strategies being employed by players in the largely consolidated ADAS calibration equipment market. Manufacturers are primarily investing in product development strategies, with the integration of cutting-edge automotive technologies to consolidate market position over competitors with a wider-ranging portfolio.

The Burke Porter Group, Robert Bosch GmbH, Hofmann Megaplan GmbH, Mahle GmbH, Cojali S.L., HELLA GmbH & Co. KGaA, Launch Tech Co. Ltd., TEXA S.p.A., and Autel Intelligent Technology Corp. Ltd. are some of the more prominent participants in the ADAS calibration equipment market.

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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.

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