Environmental Test Equipment Market is Expected to reach US$ 1.6 billion in 2027, up from US$ 1.1 billion in 2022, with a CAGR of 7.6%

The international demand for environmental testing equipment is expected to reach US$ 1.6 billion in 2027, up from US$ 1.1 billion in 2022, with a CAGR of 7.6% over the forecast timeframe.

Increasing global warming and pollution is creating the demand for environmental test equipment to measure the environmental conditions. The demand for environmental testing equipment is increasing with the strict regulations of the government to control the pollutant level.

Growing industries and factories are increasing the demand of environmental test equipment owing to measure their releasing effluents. In the global lab test equipment market, the demand for water and air test equipment are growing at a robust growth rate owing to increasing global warming and the problem of drinking water availability.

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The demand for environmental air testing equipment in the next years may be fueled by a gradually decreasing air quality index caused by an increase in industrial and vehicular emissions, as well as the greenhouse impact.

As per the global environmental testing equipment market study, the COVID-19 pandemic has sparked the world’s worst economic collapse since the Great Depression. The worldwide average intake of petroleum and other liquid fuels in 2020 will be significantly lower than in the previous year.

However, in the post-covid years, this decline in global petrochemical production is likely to reverse. According to the Energy Information Agency (EIA), the decline in production will reverse in 2022.

Because of their significant pollutant emissions, the rise of these industries is likely to generate strong growth possibilities for environmental laboratory testing equipment and environmental testing equipment suppliers in the coming years.

Massive capital requirements for precise and sensitive analytical testing, as well as insufficient associated infrastructure and a shortage of experienced specialists, are challenges that are projected to impede the environmental testing equipment market size in the next years.

Another important impediment to the expansion of the environmental testing methods and industry is a lack of basic supporting infrastructure for setting up testing facilities. Because manufacturing organizations are fragmented and dominated by small businesses, testing service providers in some developing nations have difficulty collecting samples from them.

Other significant challenges in the environmental testing equipment market adoption include a lack of institutional coordination, a lack of technology, technical skills, and competence for grassroots legislation, and outdated norms.

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Key Takeaways

  • In 2021, North America held the greatest share of the worldwide market. Growing funding for environmental testing methods in the US, widespread use of environmental testing equipment in the pharmaceutical sector, growing food safety concerns in the US, and government programs to improve lab infrastructure and propel fundamental scientific research in Canada are all factors contributing to North America’s growing environmental testing equipment market share.
  • In 2021, the government agencies and local authorities segment held the greatest proportion of the environment equipment market. The government’s cooperation in environmental testing and pollution monitoring, particularly in emerging countries with severe pollution levels, can be ascribed to a major share of this market.
  • During the projected period, the portable/mobile platforms category is expected to increase at the fastest rate. Government laws for pollution monitoring and control will promote demand increase across industrialized countries.

Competitive Landscape

The key players are concentrating their efforts on growing their footprint in rising markets like Latin America, the Middle East, and the Asia Pacific.

Due to the increased focus on environmental pollution monitoring and control, particularly air pollution, in the Asia Pacific region, the market in China is predicted to develop at the fastest CAGR with major investments in environmental air testing equipment.

Thermo Fisher Scientific, Agilent Technologies, Waters Corporation, Bruker, PerkinElmer, Shimadzu Corporation, SCIEX, Analytik Jena, Merck, and JEOL are some of the major companies in the environmental testing equipment sector. To expand their market position and develop a significant client base, these companies are pursuing tactics such as collaborations, new continuous innovation, mergers, and acquisitions.

SCIEX (US), a division of Danaher Corporation (US), announced the ZenoTOF 7600 system LC-MS/MS instrument in June 2021.

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Ultrasonic Pulse Velocity Tester Market is Growing Due to Governments of Various Nations Taking Initiatives Towards Increasing Infrastructural Investments

The ultrasonic pulse velocity tester market revenue driven by increasing infrastructural investments across the globe. Sales of ultrasonic pulse velocity testers to be the highest in North America.

Considered as a pre-requisite in the construction industry, to evade any adversities, materials used for building, construction, and manufacturing activities have to undergo laboratory or on-site testing to be deemed fit for any habitation, translating into increased demand for efficient laboratory-grade non-destructive ultrasonic testing solutions for material science research in both, developing and developed nations.

As per a recent in-depth analysis by Future Market Insights (FMI), demand for ultrasonic pulse velocity testing solutions is steadily increasing, for its application in void and crack detection, non-destructive strength measurement, infrastructure and construction testing, material science and research, homogeneity detection, and elasticity measurements.

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Moreover, with increased focus on reducing the time-to-market (TTM), translating into demand for efficient, low TTM testing equipment, will directly contribute to the global sales revenue of ultrasonic pulse velocity testers.

Therefore, growth of the testing equipment market will remain critical to the non-destructive ultrasonic testing market. In addition, ultrasonic pulse velocity testers’ ability to supplement coring thereby allowing cost-effective ameliorated representative evaluation of the concrete strength of the whole structure, will drive its demand further, predicts FMI.

The demand for ultrasonic pulse velocity testers is anticipated to grow at a stable rate of 5.5 percent, through 2019, reaching a revenue of US$ 470.5 Mn during the same period.

While void and crack detection will remain the single largest application, holding over 22 percent market share, in terms of end-user vertical concrete, glass and building materials will witness maximum adoption of ultrasonic pulse velocity testers pumping concentrated revenue, through the assessment period of 2018-2027.

The concrete, glass and building materials segment is projected to hold over 18 percent market share in 2023, as per the report on ultrasonic pulse velocity tester market

Representing a steady year-on-year growth, the global ultrasonic pulse velocity tester market is pegged to expand at a rather robust growth rate of 6 percent, through 2027. Rampant growth of the commercial construction and infrastructure sector will prominently escalate the demand for ultrasonic pulse velocity testers at a global level.

However, as significant demand for ultrasonic pulse velocity tester prevails, the report also projects that manufacturers offering ineffective after-sale customer services, translating into eventual transition towards other ultrasonic testing types, could prove to be critical market restrainers.

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Key Players Hold 44% Market Share

The global ultrasonic pulse velocity tester market represents presence of a number of player, with the top participants including Controls S.p.A., Proceq Group, James Instruments Inc., Impact Test Equipment Inc., Humboldt Mfg. Co., holding relatively prominent market share—collectively contributing nearly 44 percent the global revenue share.

These market players secure a prominent position in the global ultrasonic pulse velocity testers market owing to their highly diverse product offering portfolios. The overall forward market strategies in the ultrasonic pulse velocity tester market includes:

  • Key players placing significant importance on expansive product offering and product advancements.
  • Strategic business relationships and contracts with distributors and suppliers in all the business regions.
  • Affordable pricing, quality solutions, and services will remain instrumental in growth strategy.

Key Segments

By Application

  • Non-destructive Strength Measurements
  • Void and Crack Detection
  • Homogeneity Detection
  • Elasticity Measurements
  • Infrastructure and Construction Testing
  • Material Science and research
  • Other Applications

By End Use Vertical

  • Aerospace and Defence
  • Chemicals and Petrochemicals
  • Concrete, Glass and Building Materials
  • Educational Research
  • Oil and Gas Refineries
  • Sewage and Water Treatment Facilities
  • Construction Engineering, Remodelling and Design

By Transducer Frequency Range

  • 24kHz – 50kHz
  • Above 50kHz, upto 100kHz
  • Above 100kHz, upto 150kHz
  • Above 150kHz

Key Regions

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Russia
    • Rest of Europe
  • APEJ
    • China
    • India
    • Malaysia
    • Singapore
    • Australia
    • Rest of APEJ
  • Japan
  • MEA
    • GCC Countries
    • Israel
    • South Africa
    • Rest of MEA

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Ultrasonic Pulse velocity Tester Market: Regional Insights

  • Developing markets including South East Asia Pacific and, also Middle East Africa, are likely to offer significant growth prospects to key manufacturers of ultrasonic pulse velocity testers, considering large scale development of infrastructural projects in the regions, including commercial building and residential areas.
  • North America will occupy a dominant position in the global ultrasonic pulse velocity testers market, owing to high to medium presence of manufacturers in the region.
  • Infrastructural upgrades such as educational institutions in regions like Brazil and China, is expected to create attractive opportunities for ultrasonic pulse velocity testers manufacturers.

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Cervical Dysplasia Treatment Market Analysis, Key Growth Drivers Trends, Segments, Opportunity and Forecast 2032

Cervical dysplasia is a precancerous condition in which strange abnormal cell growth happens at first glance coating of the cervix (opening between the uterus and the vagina). It is likewise called cervical intraepithelial neoplasia. This illness is extremely basic among females of age between 25 to 35 years old, yet it can influence women of all age gatherings.

Cervical dysplasia can likewise be caused in individuals having different sex accomplices, early pregnancy or early child birth and is regularly without any obvious side effects, however, it can be distinguished by means of human papilloma virus DNA test. Distinctive sorts of treatment are accessible for patients with cervical malignancy.

The three types of standard treatment are surgery, radiation treatment, and chemotherapy or combination drugs, ablation treatment therapy, and resection (expulsion of the abnormal region) treatment. Little, exceptionally confined zones of precancerous cells or early phases of cervical disease might be treated with cryosurgery, loop electrosurgical excision procedure (LEEP) or cold knife conization (CKC).

There are various sorts of treatment alternatives, and the kind of surgical technique required relies on upon the stage and grade of cancer growth. Surgery is the only main treatment drilled till date by the surgical professionals all inclusive for the treatment of cervical dysplasia issue.

Specialists likewise perform insignificantly minimally invasive, progressed laparoscopic hysterectomies and laparoscopic modified radical hysterectomy (LMRH) methodology for treatment.

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Cervical Dysplasia Treatment Market: Drivers and Restraints

Cervical dysplasia is a very serious condition and often leads to various disorders in human body such as genital warts, abnormal bleeding, spotting after intercourse or pain, vaginal discharge etc. In order to avoid such condition, women prefer to undergo possible treatments including surgery.

In Cervical dysplasia the quality of life for patients also gets severely impacted, which provokes them to take up treatment as soon as possible. Increasing awareness for the disease, growing population of females in reproductive age group and availability of better symptom control medications are factors fuelling core research and direct disease management.

Major contribution to the growth of the overall market is fuelled by expanding events of different sexually transmitted diseases (STDs), rising cases of vaginal infection, early stages of cancer, expanding smoking propensities, excessive liquor intake, and drug abuse, expanding utilization of immunosuppressant drugs and others.

Besides, expanding predominance of CIN (cervical intraepithelial neoplasia) hence can likewise prompt cervical disease, where gentle and extreme CIN I and CIN II can be dealt with by means of various therapeutic techniques (significantly by surgery), subsequently contributing towards the development of this market.

Late innovative headways in restorative methodology for treating different types of this sickness have additionally caused an expanded request worldwide, which will keep on contributing towards the development of cervical dysplasia treatment during the forecast period.

However, there are factors such as limited number of treatment options in developing economies coupled with high surgery cost, very high cost of branded drugs, expensiveness, and inefficient reimbursement policies, less availability of advanced surgical techniques in various regions and monopoly of few players, which have impeded the growth of the market.

Cervical Dysplasia Treatment Market: Global Overview

Cervical dysplasia treatment market is expected to witness significant changes due to vast opportunities remaining. However, if the length of diagnostic regimen is shortened, the rate of treatment uptake is expected to witness an uphill trend. The developed markets are expected to witness the fastest growth in terms of revenue generation in comparison with developing markets.

Awareness levels being low in the less developed countries, this indication majorly leads to cervical cancer and other risk factors. The market once established with new treatments, is expected to witness stable growth rates in the initial years followed by dynamic rates in later years.

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Cervical Dysplasia Treatment Market: Region-Wise Outlook

Geographically, cervical dysplasia treatment market is segmented into regions viz. North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. North America region is expected to witness faster revenue growth in comparison with markets in other regions.

The reasons for the same are higher disability losses, higher treatment costs and large population of patients of reproductive age suffering from cervical dysplasia. Higher awareness levels among physicians and frequent publication of results of upcoming treatments tend to create a positive sentiment in the region, which is absent in other regions such as Middle East and Africa and Asia.

Considerable research efforts towards development of novel vaccines/drugs, surgical treatments and innovative minimally invasive treatment regimens are factors expected to aid the revenue growth of the market over the forecast years.

Cervical Dysplasia Treatment Market: Key Players

Few key players in the global cervical dysplasia treatment market are Advaxis, Inc., AnGes MG, Inc., Eisai, Inc., GlaxoSmithKline plc, Inovio Biomedical Corporation, Photocure ASA, F. Hoffmann La-Roche Ltd., QIAGEN, BD, OncoHealth Corporation, Quest Diagnostics, Inc., Hologic, Inc., and Abbott Healthcare Pvt Ltd.

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Veterinary Antibiotics Market Analysis By Future Demand, Top Players, Size, Share, Opportunities, Revenue and Growth Rate Through 2027

Over the past few years animal antibiotics have accounted for major share in animal health industry owing to the rising need to treat, control or prevent animals against diseases. These are also used as growth promoters and play a vital role in maintaining animal health. Antibiotics are generally the anti-bacterial compounds that have a direct action on bacteria, thereby preventing the infection in livestock and companion animals.

Growing concerns over antibiotic resistance in human beings coupled with rising demand for milk, eggs and meat is influencing the veterinary antibiotic market across the globe. Rising prevalence of zoonotic disease worldwide is one of the major factor fueling the demand for veterinary antibiotics both in livestock animals as well as companion animals.

However, many farm and pet owners supported by veterinary healthcare activists are shifting towards vaccines owing to the harmful effects, such as antibiotic resistance, caused by long term usage of antibiotics. Also, stringent regulations imposed by FDA on use of prescribed antibiotics by the veterinarians is also hindering the market for veterinary antibiotics at present. Whereas in long run, regulations imposed by U.S. FDA are anticipated to pace the demand for these antibiotics.

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Veterinary Antibiotics Market: Drivers and Restraints

Some of the factors such as rising awareness about zoonotic disease, rising incidence of disease outbreaks in animals, growing demand for animal derived food products, implementation of stringent regulations to prevent animal diseases and elevating animal population and pet adoption are anticipated to drive the market for veterinary antibiotics across the globe. Also, the growing demand for pet health insurance coupled with rise in healthcare expenditure is propelling the demand for veterinary antibiotics globally.

However, increasing antibiotic resistance among food producing animals along with regulatory authorities restricting their use is restraining the growth of veterinary antibiotics market. Also, presence of competitive replacement products such as vaccines and probiotics are also limiting the usage of antibiotics to treat animals on large scale.

Veterinary Antibiotics Market: Overview

The market for the veterinary antibiotics is increasing due to the growing animal healthcare industry coupled with continuous development in this sector. On the basis of product type, tetracycline is anticipated to hold the largest market share in veterinary antibiotics market on the account of widespread use in food producing animals. Also, the rising awareness among people regarding essential pet health care is facilitating the market for veterinary antibiotics.

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Veterinary Antibiotics Market: Regional Overview

On the basis of region, veterinary antibiotics market is segmented into North America, Latin America, Asia-Pacific excluding Japan, Eastern Europe, and Western Europe, Japan MEA and others. Among these, North America accounts for major share in veterinary antibiotics market, whereas, Asia-Pacific is anticipated to register the fastest growth at highest CAGR during the forecast period owing to presence of lenient regulations. However, unlike developed countries, the developing nations are projected to experience large demand for veterinary antibiotics due to less stringent regulations imposed on their usage.

Veterinary Antibiotics Market: Key Players

Some of the key players in the veterinary antibiotics market involves Zoetis, Inc., Merck & Co., Inc., Bayer AG, Sanofi, Eli Lilly and Company, Ceva Sante Animale and others.

The research report presents a comprehensive assessment of the 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 categories such as market segments, geographies, type of product and applications.

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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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Specialty Generics Market Growth Factors, Historical Analysis, Opportunities and Industry Segments Poised for Rapid Growth by 2027

Specialty Generics are the generic versions of specialty pharmaceutical products. They are cost-effective when compared with specialty pharmaceuticals. Specialty generics include biopharmaceuticals, blood derived products and complex molecules.

Several blockbuster specialty drug molecules are coming off patent in the coming years. Hence, companies are foraying into this market to launch generic versions of the products by developing novel formulations. Additionally, global saturation of conventional generics market and low margins for generic drugs is also forcing companies to look for newer opportunities.

However, commercialisation and development of specialty generics is more complex when compared with conventional generics products. Originator companies are adopting multiple strategies to hold on to specialty drug market share by mix of regulatory, commercial and product development strategies.

Various companies are actively engaged in license, collaborations and acquisitions to expand their specialty generics capacities. For instance, in October 2016, Intellipharmaceutics entered into an exclusive license and supply agreement with Mallinckrodt to market, distribute, and sell its extended release drug product candidates in the U.S. market and to strengthen its specialty generics portfolio.

Further, in October 2015, Teva Pharmaceutical Ltd. acquired Representaciones e Investigaciones Médicas, S.A. de C.V. (Rimsa) that involved in development specialty generic products, to enhance their sales in specialty generics market. In March 2016, County Line Pharmaceuticals – that involved in development of specialty generics – was acquired by Alvogen to boost its sales in U.S. market and increase its portfolio in specialty generics.

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Specialty Generics Market: Drivers and Restraints

Favorable reimbursement policies, increasing prevalence of cancers, specialty drugs patent expiries, reforms enacted by government bodies, payer’s pressures to reduce the drug prices, and lack of generic drugs to treat complex diseases are expected to boost demand for speciality generics during the forecast period.

According to National Cancer Institute, 16 million cases of cancers are newly diagnosed every year in U.S. and 0.5 million deaths occur due to different type of cancers.

Development of speciality generics is a complex process and requires skilled workforce and sourcing of raw materials. These longstanding challenges can impede the growth of the market during the forecast period.

Specialty Generics Market: Overview

Development of cost-effective drugs to treat oncology, multiple sclerosis and other infectious diseases can create significant opportunities for the specialty generics manufacturers. For instance, a patient has to spend around US$ 72,000 annually to treat multiple sclerosis conditions by using copaxone (Glatiramer).

However, Novartis developed generic version of copaxone that costs only US$ 63,000. Hence, many insurance companies are showing interest to reimburse the specialty generics owing to their low cost. Based on disease indication, Oncology and Infectious diseases segment is expected to grow with a significant CAGR owing to increasing product patent expirations over the forecast period.

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Specialty Generics Market: Regional Overview

Region-wise, the global specialty generics market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, and Middle East and Africa. North America expected to dominate the global market for specialty generics due to favorable government policies and increasing specialty generic product launches over the forecast period.

Large number of generic players and lack of specialty drugs in the Asia -Pacific market expected to boost the growth of the specialty generics market growth in APEJ region over the forecast period.

Specialty Generics Market: Key Players

Some of the players in global specialty generics market include Valeant Pharmaceuticals International, Inc., Novartis,Pfizer Inc., Turing Pharmaceuticals, Teva Pharmaceutical Ltd., Mylan N.V.,Akorn, Inc., and Mallinckrodt

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High Flow Oxygen Therapy Devices Market is Current and Future Industry Landscape Analysis 2031

The rising prevalence of acute respiratory failures (ARF) due to the COVID-19 outbreak, risk of community infection, increasing demand for high flow nasal cannula, and advancements in high Flow Oxygen Therapy Devices are some key factors contributing to the growth of the high flow oxygen therapy devices market.

According to a recent study by Future Market Insights (FMI), these factors have proven crucial at enabling growth in the high flow oxygen therapy devices market. Sales of high flow oxygen therapy devices are expected to top US$ 1.7 Bn in 2021, at a CAGR of -6.4% during 2021-2025 and CAGR of 1.4% during the forecast period (2025-2031).

Public health issues worldwide, including Acute Respiratory Failure (ARF), pneumonia, asthma, and interstitial lung disease, pose a significant socioeconomic burden on individuals and societies.

Presently, COVID-19 is the primary risk factor for ARF. COVID-19 symptoms such as low blood-oxygen level and pneumonia in patients increase the risk of ARFs. Because of the growing ageing population and increased exposure to risk factors, ARF and pneumonia are becoming more prominent problems across the world, which is fuelling the demand for high flow oxygen therapy devices.

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The World Health Organization (WHO) Child Health Epidemiology Reference Group estimates that the pneumonia resulted 105.7 million new cases in 2017; of these 13% were severe and needed immediate hospitalization.

Consistent rise in incidence of pneumonia will fuel the demand for high floe oxygen therapy devices through the forecast period. Indoor air pollution was a major risk factor that was estimated to have led to 29% of pneumonia deaths in 2017.

Outdoor air pollution was responsible for another 18% of all deaths. In addition, an increase of 81.1% in the number of pneumoconiosis cases were observed for both sexes from 1990 to 2017 worldwide. Thus, the growing burden of respiratory diseases along with the outbreak of COVID-19 across the world is expected to drive the high flow oxygen therapy devices market.

Key Takeaways from High Flow Oxygen Therapy Devices Market Study

  • Demand for heated humidifiers is expected to grow at -6.6% CAGR during 2021-2025 and 1.3% CAGR through 2025-2031, owing to the occurrence of the COVID-19 pandemic.
  • The acute respiratory failure segment accounted for a higher share of 90% among applications. This can be due to the rising COVID-19 cases that lead to acute respiratory failure in the infected patients and require non-invasive respiratory support.
  • 500 Beds and Above Hospitals are projected to capture over 51% of the global market by 2031. This is attributed to the growing burden of respiratory diseases.
  • North America is the largest revenue-generating region for high flow oxygen therapy devices, with the U.S. accounting for nearly 96% of the regional market in 2031.
  • South Asia is the second most lucrative market with India accounting for over 58% of the share in 2031.
  • Japan holds the leading position in East Asia and is expected to account for over 42% of the market in 2031.

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Who is winning?

Some of the leading manufacturers of high flow oxygen therapy devices are focusing on product approvals and launch strategies for global expansion objectives, thereby, enhancing their market presence. The leading key players are also focusing on innovation and launching new technologies for increasing the efficiency of products.

  • In June 2020, Armstrong Medical introduced the second generation FD140i, an improved dual therapy flow driver with an easier transition from CPAP to HFOT.
  • In 2019, TherOx Company received approval for SuperSaturated Oxygen Therapy system from the U.S. Food and Drug Administration (FDA) to be one of the effective therapies for cardiovascular diseases.

The key market players covered by FMI include Draegerwerk AG & Co. KGaA, Teleflex Medical GmBH, Philips Respironics, Vapotherm, Inc., ResMed, Vyaire Medical, Inc., Fisher & Paykel Corporation Ltd., Armstrong Medical, Flexicare Medical, Hamilton Medical Inc., Intersurgical Inc., Inspired Medical, WILAMed GmBH, Besmed Health Business Corp, Shenzhen Micomme Medical Technology Development Co., Ltd, Shenyang RMS Medical Tech Co. Ltd. and BMC Medical Co., Ltd.

High Flow Oxygen Therapy Devices Market by Category

Product:

  • High Flow Nasal Cannulas
  • High Flow Oxygen Masks
  • Breathing Circuits
  • Heated Humidifiers
  • Accessories

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Application:

  • Pneumonia
  • Acute Respiratory Failure

End-User:

  • Less than 100 Beds Hospitals
  • 100-250 Beds Hospitals
  • 250-500 Beds Hospitals
  • 500 Beds and Above Hospitals

Region:

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

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

Contact:

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Radioimmunotherapy Treatment Market Growth Factors, Top Leaders, Trends, Analysis, Competitive Landscape and Regional Forecast 2027

Cancer is a leading cause of death worldwide and is projected to rise with an estimated 11.5 million deaths in 2030. The most common cancer is lung cancer, accounting about 1.59 million deaths, other types of cancer include liver cancer, breast cancer, stomach cancer, liver cancer, etc.

Cancer can be treated by surgery, chemotherapy, radiation therapy, hormone therapy, targeted therapy, precision medicine, immunotherapy and stem cell transplantation. Immunotherapy involves the use of person’s immune system to fight cancer; it involves the stimulation of immune system to attack the cancer cells or provide the immune system with a man-made immune system.

Different types of immunotherapy include monoclonal antibodies, designed to attack the specific cells; immune checkpoint inhibitors, drugs that recognize and attack the cancer cells by removing the brakes of the T cell; cancer vaccines, used to trigger the immune response against specific disease and various other non-specific immunotherapy are used to boost the immune system.

Radioimmunotherapy is the combination of radiation therapy and immunotherapy. Monoclonal antibody is engineered in the laboratory and paired with a radioactive material called radiotracers. When injected, radio labelled antibody to bind to the specific cancer cell and destroyed the cancer cell by its radioactivity. The radioactive agents used mainly are Yttrium-90 Ibritumomab Tiuxetan, Iodine-131 Tositumomab, and others.

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Several clinical trials are ongoing to establish the potential of radio labeled monoclonal antibody. Radioimmunotherapy is also used to treat patients suffering from non-Hodgkin B-cell lymphoma, and other sub-types of lymphoma or patients who does not respond to chemotherapy.

Generally, no side effects are seen during the treatment. In clinical field, clinical studies are done to enhance biological and chemical efficacy and treatment procedure improvements in radioimmunotherapy.  Both direct and indirect method are used in the delivery of radioimmunotherapy molecules.

Increasing discretionary funding for cancer research by government and federal agencies, increase in Medicare coverage, rising prevalence of cancer among growing population, availability of new cancer treatment, and various other factors are will booth the radioimmunotherapy market in the near future.

Radioimmunotherapy Treatment Market: Drivers and Restrains

According to Word Health Organization, it is estimated that by 2030, about 23.6 million new cases of cancer will prevail worldwide. Governmental guidelines from American Society of Clinical Oncology and National Comprehensive Cancer Network (NCCN /ASCO) are providing help to healthcare professionals in the management and treatment of cancer patients.

Intense research and development in cancer therapeutics, the rise in the incidence of cancer cases, increased preference towards cancer research. In April 2016, the U.S. Government allocated US$ 5.2 Bn for the National Cancer Institute (NCI), a federal government agency, for cancer research and training.

The budget increased by 5.3% as compared to the previous year. Insurance coverage and reimbursement issues, big companies are investing heavily in the cancer therapeutics involving both time and money, and there is no guarantee that the product will get coverage, radiation risk to healthcare professionals and patients are some factors that may decline the growth of radio-immunotherapy market

Radioimmunotherapy Treatment Market: Overview

Based on the drug type, the global radioimmunotherapy treatment market is segmented into ibritumomab, tositumomab, rituximab, epratuzumab, lintuzumab, labetuzumab and trastuzumab.

On the basis of procedure type the radioimmunotherapy treatment market is segmented into direct and indirect method. O On the basis of disease indication, the market is segmented into non-hodgkin lymphoma, myeloid leukemia, colorectal cancer, breast cancer, multiple myeloma and others.

Based on end user, the market is segmented into hospital, ambulatory surgical centers and cancer research institutes. The rise in cancer patient population, funding by the governmental bodies, focus on acquisition and merger by various key manufacturers is attributed towards the growth of radio-immunotherapy treatment market

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Radioimmunotherapy Treatment Market: Regional Overview

Region wise, the global Radioimmunotherapy Treatment Market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. More than 70% of world’s cancer death occurs in Africa, Asia and South America. Around 33% of cancer cases worldwide are due to smoke and tobacco.

Along with expansion in the emerging markets, and greater focus on early diagnosis, screening, monitoring and clinical development associated with radiotherapy treatment have been the major strategies adopted by major players in the global radioimmunotherapy treatment market.

Radioimmunotherapy Treatment Market: Key Players

Some of the key players in global Radioimmunotherapy Treatment Market are GlaxoSmithKline plc. Bayer AG, MabVax Therapeutics Holdings, Inc., Panacea Pharmaceuticals, Inc. Nordic Nanovector, Actinium Pharmaceuticals, Inc., Immunomedics, Inc., Spectrum Pharmaceuticals, Inc.and others.

The research report presents a comprehensive assessment of the 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 categories such as market segments, geographies, type of product and applications.

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Atherosclerosis Market Revenue, Latest Trends, CAGR Status, Growth Opportunities and Forecast 2026

Atherosclerosis is the narrowing of the vein as a result of plaque build-up. Atherosclerosis is a particular kind of arteriosclerosis (stiffening or solidifying of the artery walls). The illness disturbs the stream of blood around the body, posturing genuine cardiovascular entanglements.

Atherosclerosis begins when the endothelium gets to be harmed, permitting LDL cholesterol to aggregate in the artery wall. The body sends macrophage white platelets to tidy up the cholesterol. However some of the time the cells stall out there at the influenced site. After some time this outcome in plaque being developed, comprising of terrible cholesterol (LDL cholesterol) and macrophage white platelets.

The plaque obstructs the corridor, upsetting the stream of blood around the body. This possibly causes blood clusters that can bring about existence undermining conditions, for example, heart assault, stroke and other cardiovascular ailments. Besides aging, aspects that upsurge the risk of atherosclerosis include: High blood pressure, high cholesterol, diabetes, obesity, smoking or other tobacco use, family history of early heart disease, lack of exercise and an unhealthy diet.

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Atherosclerosis Market: Drivers and Restraints

Growing incidence of heart attacks due to atherosclerosis or coronary heart disease is expected to increase demand for atherosclerosis treatment products. The rise in the aging population is expected to propel demand over the forecast period.

As per CDC (Centers for Disease Control and Prevention), coronary illness accounts for around 610,000 deaths per year in the United States- roughly being responsible for 1 of every 4 deaths reported. Coronary illness is the most widely recognized kind of coronary illness, killing more than 370,000 individuals every year. This increase in the baby boomer population is expected to add to the patient pool of atherosclerosis and thus in turn increase demand for treatment over the forecast period.

The development in atherosclerosis market is determined by expanded prevalence, obesity, sedentary lifestyle, hypertension, dyslipidemia, an especially decrease in high thickness cholesterol (HDL-C), and elevated cholesterol slim down. Medications to treat Atherosclerosis incorporates statins, angiotensin-converting enzyme (ACE) inhibitors, beta-blockers (BB), antiplatelets, calcium channel blockers (CCBs) and nitrates. With the dispatch of first-in-class pipeline molecules, for example, Yosprala (headache medicine and omeprazole), Praluent (alirocumab), Dalcetrapib (RG1658), Vorapaxar (SCH 530348), Canakinumab (ACZ885), Varespladib (A 002), Aliskiren, Generx, Xarelto (rivaroxaban), Anacetrapib (MK0859), and others are relied upon to get propelled in the forecasting period.

New contestants in the atherosclerosis market have indicated expanded adequacy and security profiles along with the reduction of CHD risk factors. Atherosclerosis or coronary artery disease showcase likewise has two different methods of treatment, which are coronary artery bypass grafting (CABG) and angioplasty.

The CAD death rate is very high contrasted with different maladies because of coronary events connected with CAD, including myocardial infections (MI), angina and strokes. In this way, the counteractive action of such events remains an undiscovered region of research and development for pharmaceutical organizations to bring novel medications into the market. However, the absence of definitive treatment, side effects and limited efficacy of the drugs available in the market and dependency in symptom based treatment in several cases is expected to hamper revenue growth of the atherosclerosis market over the forecast period.

Atherosclerosis Market: Overview

The global market for atherosclerosis is expected to witness robust growth owing to increasing incidence rate of the heart problems coupled with new treatment (branded and generic) approach.

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Atherosclerosis Market: Region – wise Outlook

Globally the atherosclerosis market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). North America and Western Europe are expected to be the leading markets in the global atherosclerosis market. Rising treatment options among the aging population, prescription rates, and the maturing worldwide population are additionally considered vital drivers for this market. High awareness and easy available diagnostic tests are expected to boost demand for RSV infection treatment products in these regions.

Japan and APEJ are expected to follow next in terms of demand for the treatment of atherosclerosis market. Eastern Europe, Latin America, and MEA markets are also expected to witness above average growth over the forecast period. The absence of population-based studies in developing countries is a major challenge in the assessment of RSV-related infections in these countries.

Atherosclerosis Market: Participants

  • GlaxoSmithKline plc.
  • Merck & Co., Inc.
  • F. Hoffmann-La Roche Ltd.
  • Isis Pharmaceuticals, Inc.
  • Anthera Pharmaceuticals
  • Novartis AG
  • Sanofi
  • Johnson and Johnson
  • Bayer AG
  • The Medicine Company
  • Cardium Therapeutics

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Gold Tester Market to Witness Significant Revenue Growth on Account of Increasing Demand from Gold Mines

gold tester is a scientific instrument used to determine the purity of gold with X-rays. A gold tester is a highly precise and fast machine used to determine the gold concentration and the various elements present in gold bars, gold jewellery, gold coins, gold alloys, gold plating and scrap gold.

In addition, it can determine the presence and concentration of different metals such as platinum, gold, palladium, k-platinum and k-gold.

The demand for gold testers has been witnessing significant growth as gold is considered an extremely valuable metal, even among other precious metals, and thus, it is essential to determine to purity of gold with great accuracy. Gold is mixed and bended with different metals to obtain various varieties of the metal and craft different types of jewellery.

Two types of gold testers are available in the market, i.e. gold testers as per purity and gold testers as per weight. Gold testers for weighing are especially essential as a minute error in the weight of the gold can lead to massive losses.

Demand for Handheld Gold Testers from Jewellery Shops to Drive Market Growth

The key factors driving the growth of the gold tester market is the fact that a gold tester can test any shape or size of sample metal or jewellery. Attributing to this, gold testers are used on a large scale by jewellers, manufacturers of jewellery and jewellery retailers.

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Also, gold testers are quick in determining the exact content of the jewellery, which further aids their adoption.

Manufacturers in the gold tester market are focused on launching precise, handheld and highly accurate gold testers.

For example, Qualitest International Inc. (based in Canada), one of the prominent players in the market, launched a fast, handheld, lightweight and durable gold tester.

Need for Skilled Personnel to Operate Gold Testers

The cost associated with gold testers is quite high and this is one of the most significant parameters hampering the growth of the market. Also, a well-trained professional is necessary to operate a gold tester, which further hinders the growth of the gold tester market, globally.

Gold Tester Market: Competition Landscape

Some of the prominent players in the gold tester market are Qualitest International Inc., Fischer Measurement Technologies India Pvt. Ltd., ArihantMaxsell Technologies Private Limited., Auracle Gold Tester, Olympus Corporation, Bruker and Ocean King International.

Gold Tester Market: Regional Overview

On the basis of geography, countries such as China, Canada, the United States, Australia, Russia and Peru hold prominent market shares in the gold tester market. This can be attributed to the significant production of precious metals such as gold, platinum, silver and palladium in these countries, as compared to other regions.

Among the other regions, countries such as South Africa, Saudi Arabia, Kuwait and other gulf countries are expected to witness high CAGRs in the gold tester market, owing to the increasing manufacturing of gold ornaments and jewellery in these regions.

In Europe, countries such as Germany, France and Italy are expected to hold moderate shares in the gold tester market, owing to the moderate production of gold and small gold ornament manufacturing industry in these countries.

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

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

The report covers exhaustive analysis on

  • Gold tester market segments
  • Gold tester market dynamics
  • Gold tester market size
  • Supply & demand
  • Current trends/issues/challenges
  • Competition & companies involved
  • Technology
  • Value chain
  • Market drivers and restraints

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
  • Europe (Germany, Italy, U.K., Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

Gold Tester Market: Segmentation

The gold tester market has been segmented on the basis of equipment type, test, end use, modularity and region.

Segmentation on the basis of equipment type:

  • XRF analyzer
  • Digital conductivity measuring set
  • Magnetic balance
  • Digital ultrasonic velocity set
  • Precision balances

Segmentation on the basis of test:

  • Purity
  • Weight

Segmentation on the basis of end-use industries:

  • Jewellery Showrooms
  • Gold Manufacturers
  • Mining & Exploration
  • Export Units
  • Banks
  • Jewellery Loans Departments

Segmentation on the basis of modularity:

  • Stationary
  • Portable

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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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Ski Gear & Equipment Market is Expected to Reach a Size worth of US$ 2.26 Billion by 2032 | Skiing Sports Industry has witnessed a Rise in the Number of Participants

According to Future Market Insights, the global ski gear & equipment market is projected to grow steadily at a CAGR 3.2% value, during the forecast period 2022-2032. Earlier in 2021, this market was projected to have a global revenue size worth US$ 1.6 Billion and is expected to reach a size worth of US$ 2.26 Billion by 2032.

The market is being driven by an increase in the number of people participating in outdoor sports like skiing, as well as favorable government initiatives in countries like India, China, and Japan to encourage people to ski.

Skiing is considered to be one of the most popular and fascinating adventure sport practiced in the North American and the European regions in large scale.

Over the years, the global skiing sports industry has witnessed a rise in the number of participants and audience which is attributable to the experience one gets while playing sports. With the rise in popularity of the sports, skiing is now being considered in global sports event such as the Olympics.

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Global Ski Gear & Equipment Market: Reasons for covering this Title

Skiing sports is one kind of adventure sport played since decades having its origin from Norway in Europe. Now the sports has been commercialized since the sports are being considered as one of the Olympic Games. As skiing is being considered as one of the adventure sports for the tourist as well as a big-time commercial sport for the professionals.

As a result, over the last couple of decades, there has been large-scale demand for ski gear & equipment in the global market. Various types of ski gear & equipment such as goggles, times, safety equipment are being considered as the basic essential equipment for skiing.

Ski gear & equipment manufacturers now strategize on coming up with unique products that cater to the needs of various demographic sectors i.e. men, women, and kids. Ski gear & equipment not only promotes safety but also overall style and appearance that suits its end users.

Global Ski Gear & Equipment Market: Key Players

Some of the key players operating in the global Ski Gear & Equipment market are Burton Snowboard, The Boarding Company Limited, ELAN, D.O.O. & ARENDICOM GMBH, HEAD Sports GmbH, SKI ROSSIGNOL, Surfdome Shop Ltd among others.

Ski Gear & Equipment Market: Key Trends

Major Ski Gear & Equipment manufacturers have been strategizing on innovation in the view of coming up with a new range of Ski Gear & Equipment products catering to varying needs and requirements of its target customers.

Ski Gear & Equipment Market: Key Developments

  • In 2017, Burton Snowboard, one of the key players in global Ski Gear & Equipment launched a new kind of ski gear & equipment product i.e. new strapless, step-in Step On boot-binding system, after five years of R&D.
  • In 2017, various key players in European ski gear & equipment market organized a high-profile exhibition The Telegraph Ski & Snowboard Show notifying its key product launches of the year to its target customers.

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Opportunities for Ski Gear & Equipment Market Participants

There have been recent developments where artificial snow environment being installed in the commercial mall for better customer services and experiences. For instance, the Dubai Mall has installed artificial snowboard for its customers to have a gist on how various snow sports like skiing looks like. Likewise, there are many other prominent malls that have come up with such initiatives.

This one critical factor will further provide a critical opportunity for ski gear and equipment to gain traction at a significant rate in the global market.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, types, application, end-use & sales channel.

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Global Ski Gear & Equipment: Market Segmentation

On the basis of types, the global Ski Gear & Equipment market has been segmented as –

  • Jacket
  • Timer
  • Goggles
  • Helmets
  • Snowboard
  • Snowboard boots
  • Ski Gloves
  • Snowboard sticks
  • Skiing apparels
  • Others

On the basis of application, the global Ski Gear & Equipment market has been segmented as –

  • Cross-county skiing
  • Alpine Skiing
  • Downhill skiing
  • Ski touring

On the basis of end use, the global Ski Gear & Equipment market has been segmented as –

  • Men
  • Women
  • Kids

On the basis of the sales channel, the global Ski Gear & Equipment market has been segmented as –

  • Wholesaler/Distributors
  • Specialty Store
  • Franchise Stores
  • Online Store

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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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