Electronic Stethoscope Market is projected to reach a valuation around US$ 259 Million in 2022

[263 Pages Report] Up from nearly half a million units sold in 2018, the global sales of electronic stethoscopes will observe a robust 7.2% growth in 2022. The electronic stethoscopes market is expected to create an incremental opportunity worth US$ 170.9 Mn between 2022 and 2029.

Key Manufacturers Continue to Strategize on New Product Launches in Electronic Stethoscopes Landscape

Almost 2/5th of total adoption of electronic stethoscopes is registered at hospitals, the report underscores that there has been significant adoption by medical institutes in the recent past. In the next few years, medical institutes and ambulatory surgical centers are likely to create multiple opportunities for manufacturers of electronic stethoscopes.

More than half of the overall sales is accounted by amplifying electronic stethoscopes, as indicated by FMI’s analysis. While amplifying electronic stethoscopes provide results as accurate as digitizing electronic stethoscopes, the latter are associated with high maintenance owing to the presence of multiple electronic components. Amplifying electronic stethoscopes are thus expected to observe significant growth in revenue over the course of coming years.

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According to the report, the market attractiveness of amplifying stethoscopes is strongly backed by the increasing number of launches of new electronic stethoscopes by a number of small- and medium-sized companies. Electronic stethoscopes are rapidly replacing conventional variants across developed countries, predominantly owing to accelerated regulatory approvals.

  • eKuore had launched the first wireless stethoscope for medical use.
  • Eko had launched the first Android–connected digital stethoscope.
  • In April 2018, Steth IO launched a digital smartphone-enabled stethoscope.

According to the report, approximately 60% of the electronic stethoscopes that are sold are enabled with Bluetooth technology and an integrated chest piece system. The former is however poised to witness a higher rate of adoption over the coming years.

North America Continues to Lead the Global Market for Electronic Stethoscopes

North America holds a considerable revenue share in the electronic stethoscopes market. With advancements in technology and the presence of a large number of healthcare facilities, electronic stethoscopes are being widely used in the region. Their ability to provide amplified sound output as well as reduce external sound makes it easy for medical professionals to detect sounds and provide proper treatment to patients.

FMI’s study has profiled some of the key companies operating in the global electronic stethoscopes market, including Eko Devices, eKuore, GlobalMed, 3M, Welch Allyn, Ambisea Technology Corp., Meditech Equipment Co., Ltd, HD Medical, Thinklabs, ADInstruments, and Cardionics Inc.

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Electronic Stethoscope Market by Category Product: 

  • Amplifying Stethoscopes
  • Digitizing Stethoscopes

End User:

  • Hospitals
  • Clinics
  • Medical Institutes
  • Ambulatory Surgical Centers
  • Homecare Settings
  • Medical Camps
  • Catheterization Laboratories

Application:

  • Integrated Chest-Piece System
  • Wireless Transmission System (Bluetooth)
  • Integrated Receiver Head-Piece System
  • Other

Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • 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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Molded Wood Pallets Market Trends, Growth, Size, Segmentation, Future Demands, Latest Innovation, Regional Forecast to 2031

The molded wood pallets market is expected to witness a soaring growth in 2021 with worldwide revenues up 3.4% year over year. A new forecast by FMI estimates that molded wood pallets revenues will nearly double between 2021 and 2031, reaching nearly US$ 4.5 billion in 2031 at a ten-year compound annual growth rate (CAGR) of 5.8%

The demand for molded wood pallets in Canada is estimated to increase by nearly 5.1% year on year in 2021, while total sales will reach a valuation of US$ 183.2 million.

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Molded wood pallets are sanitized during the molding process and meet the most stringent phytosanitary regulations such as ISPM-15 for export. As food and pharmaceutical companies are diligent about using pallets free of contaminants, the study finds that capitalizing on these companies will work to the advantage of molded wood pallets manufacturers.

One of the key growth drivers is manufacturers’ efforts to use significant amount of wood waste as raw materials that would otherwise end up in landfills. Further, adoption of environmentally responsible manufacturing process that consumes less energy, helps take a step closer towards sustainability goals for many industries. However, molded wood pallets are designed for limited reuse and are not reparable. Manufacturers are thus paying attention on potential methods to assist in avoiding landfills when the products have exceeded their useful life.

Although full-sized molded wood pallets continue to witness robust sales with approximately 60% revenue share in the market, manufacturers are working on increasing the production of half-sized pallets that enhance efficiency and reduce costs for shippers of smaller loads. The study opines that small-scale companies will benefit from half-sized pallets, as the use of recycled full-sized pallets burdens them with more pallet space and weight than necessary. Moreover, half-sized, nestable molded wood pallets are likely to account for relatively large share of the market players’ bottom lines in the future.

According to the study, opportunities abound for market stakeholders in logistic & transportation sector, on account of increasing industrial activities along with rapid proliferation of trade agreements among various countries. Recognizing the recent developments in manufacturing and construction industries, manufacturers are likely to explore newer opportunities, with ‘sustainability’ at the forefront of attracting attention. Aligning with evolving end users’ trends and upgrades in regulatory norms also remains an important focus area of the manufacturers.

Growth prospects of the molded wood pallets market, as identified by the study, are high in EU5. Higher concentration of players in the region and their efforts to push sales and distribution through online channels are emerging as a strategic move. Further, Asia Pacific, particularly eastern region, is expected to represent higher incremental opportunities, backed by hefty investments in industrial sectors in recent years, which has primarily influenced the adoption of pallets.

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Top Key Players Covered-

Litco International Inc,, Millwood, Inc,, Snyder Industries, Inc,, Custom Equipment Company Inc,, The Nelson Company,, Beacon Industries Ltd,, NKA Paletten GmbH,, Brambles Ltd,, Engelvin Bois Moule S.A,, Nefab Group,, Presswood International BV,, ENNO Marketing Pvt Ltd,, CABKA Group GmbH,, Schoeller allibert services b.v,, Loscam Australia pty ltd,, Craemer GmbH,, Kronus Group,, Linyi Kunpeng Wood Co., Ltd,, JP Pallets,, Taik Sin Timber Industry Sdn Bhd

Key Points Covered in Molded Wood Pallets Market

  1. Market estimates and forecast 2014-2031
  2. Key drivers and restraints impacting market growth
  3. Segment-wise, Country-wise, and Region-wise Analysis
  4. Competition Mapping and Benchmarking
  5. Market Share Analysis
  6. Key Product Innovations and Regulatory Climate
  7. COVID-19 Impact on Molded Wood Pallets and How to Navigate
  8. Recommendation on Key Winning Strategies

Molded Wood Pallets Market by Category

By Product Type:

  • Nestable/Stackable
  • Rackable Pallets

By Size:

  • Quarter Size Pallet
  • Half-size Pallet
  • Full-size Pallet

By End Use:

  • Manufacturing
  • Food & Beverages
  • Chemicals
  • Automotive
  • Pharmaceuticals
  • Others
  • Logistics & Transportation
  • Building & Construction

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • 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.

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Microwave Device Market is Likely to Reach US$ 13.4 Billion by 2032 – Future Market Insights, Inc.

The market for microwave devices is anticipated to grow to US$ 7.8 billion in 2022 and to US$ 13.4 billion by 2032, with a CAGR of 5.5 percent from 2022 to 2032.

Microwave Device market is the market increasing due to the usage of navigation radars used by UAV as these Microwave are suitable for wireless transmission of signals of having larger bandwidth. These Microwave device are generally used for satellite communications, radar signals, phones, and navigational applications. Other uses of these Microwave Device are medical treatments, drying materials, and in households for the preparation of food.

Microwave Device technology consist of electromagnetic rays having frequencies 300 MHz to 300 GHz in the electromagnetic spectrum travelling in straight lines. These Microwave Device are generally of two type semiconductor microwave Device and tube microwave Device.

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Microwave Device Market: Drivers and Challenges

The major factor driving the adoption of Microwave Device is the increasing usage of Microwave devices in various segments such as cooking, medical and for security purpose. These usage of microwave devices helps in providing wide bandwidth without need of cable. Another factor driving this Microwave Device market is that Microwaves can carry high quantity of information due to which Microwave devices are used for faster operations.

The key challenge for Microwave Device market is the high cost of these devices and Line-of-sight will be disrupted if any obstacle, such as new buildings, are in the way due to which signal can be missed. It takes high transit time of carriers through these Microwave Device which is another challenges faced by users.

Key Contracts:

In September 2016, Midea, a home appliances provider has entered into the partnership with NXP, a semiconductors company and Microwave Device provider for new smart kitchen appliance which will use power from RF cooking technology. This technology will be implemented in microwave heating devices.

Key Players in Microwave Device Market

In Microwave Device market there are many providers some of them are L-3 Communications, API Technologies, Thales Group, Electron Energy Corporation and others.

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Regional Overview 

Presently, North America and Europe is holding the largest market share for Microwave Device market due to presence of major market players in these region. Moreover the rising usage of microwave technology for medical and household appliances is helping this market to increase in these region.

Asia –Pacific is also increasingly adopting Microwave Device technologies with the entry of major & established players such as Samsung and others along with launching new products in developing countries.

The report covers exhaustive analysis on

Microwave DeviceMarket Segments

  • Market Dynamics
  • Historical Actual Market Size, 2014 – 2016
  • Market Size & Forecast 2017 to 2027
  • Value Chain
  • Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Market Drivers and Restraints

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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Key Segments

By Product:

  • Passive Devices
  • Active Devices

By End User:

  • Healthcare
  • Military & Defence
  • Space & Communication

By Frequency:

  • Ku-band
  • C-band
  • Ka-band
  • L-band
  • S-band
  • X-band

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • MEA

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

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Organoids Market Key Players : OcellO B.V., Cellesce Ltd, DefiniGEN, Qgel, Hubrecht Organoid Technology (HUB)

Organoids are three-dimensional (3D) structures that resemble mammalian organs and are made from stem cells. As per a study by Future Market Insights (FMI), the global organoids market is estimated to reachUS$ 44.2 Mn in 2021.

As new platforms for quicker drug development and improved model structures for assessing drug efficacy and toxicity, organoids have the potential to be transformative. Traditional drug discovery approaches are less important and inadequate to keep up with the rapid pace of life science advancements. Organoids are projected to exhibit increasing sales within the drug discovery industry.

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The demand for cutting-edge preclinical testing methods has increased as a result of advances in drug therapies such as personalized treatments and expanding medical research to identify new advance medicines.Organoids also are used to shortlist possible drug molecules and remove the remainder by considering ‘in-vitro’ conditions that are somewhat close to natural environmental conditions.

According to the International Federation of Pharmaceutical Manufacturers and Societies, preclinical research accounts for about 22% of the overall cost of drug production. The use of organoids in drug development shortens the process and saves money, resulting in a greater demand for organoids.

In terms of product, intestinal organoids are expected to register high demand, accounting for over 36% of sales in the market. While application of organoids is expected to be considerably high in bio banking.

Key Takeaways from Organoids Market Study

  • The organoids market will exhibit solid growth, registering above 14% CAGR between 2021 and 2031
  • The expansion of pharmaceutical sector and investment in research initiatives will enable the U.S. account for over 95% sales in North America
  • The U.K. will emerge as the leading market, exhibiting above 20% y-o-y growth in 2021
  • Germany and France are expected to emerge as other lucrative markets within the U.K.
  • China will remain a leading market for organoids in East Asia, however, the Japan market will register a slightly higher rate of growth

“Capability of 3D-organoid cultures to mimic organ functionality as well as increasing adoption of the organoid technology for use in a range of applications, including genetic mutation and other is expected to drive the growth of Organoids market” says the FMI Analyst

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Funding for life science research and investments in Organoids products to expand various projects and personnel employedis the major factor expected to boost the organoids market growth.

For instance, the total amount of research grants awarded by the National Institutes of Health (NIH) in the U.S. exceeded US$ $251 million over five years (2015 to 2019).

Key players in the Organoids are Entering into Strategic Alliance

The top players are focusing on expanding their business footprint through acquisitions. Acquisitions provide the company with strong foot hold of new products, buyer suppliers relationship, and new geographic horizons to tap the market potential. The key manufacturers aretargeting towardsacquiring well-known products and technologies that are expected to have a successful revenue stream. This also helps the business to grow into new emerging markets while also developing existing ones.

For instance, in September 2020,a Memorandum of Understanding (MoU) was signed by BGI-Qingdao and Ubrecht Organoid Technology (HUB) to develop a joint Next Generation Diagnostics (NGD) centre in China to improve personalised care, better treatments and cures, and faster development of new safe medicines.HUB and BGI will combine their complementary skills and technologies to further improve and incorporate HUB Organoid Technology as predictive diagnostic tests, allowing for reliable patient-specific treatment response prediction, initially with a focus on cancer.

As a result of increased emphasis on oncological research and increased R&D spending, the global organoids market is expected to expand over the forecast period. Organoids market is highly competitive exhibiting the presence of several players. Because of the high capital investment required to build an Organoids manufacturing facility, pharmaceutical companies are increasingly looking to outsource the process.The key market players covered by FMI include STEMCELL Technologies Inc., Cellesce Ltd., DefiniGEN, Qgel, Hubrecht Organoid Technology, OcellO B.V.consolidating their positions through mergers, acquisitions and new product launches.

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Valuable Insights into Organoids Market

Future Market Insights, in its new offering, provides an unbiased analysis of the organoids market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the market based on product type (intestinal organoids, hepatic organoids, pancreatic organoids, colorectal organoids, and neural organoids), application (bio-banking, biomedical research and drug discovery, regenerative medicines, cancer research, and therapeutic tools), and end user (biopharmaceutical companies, contract research organizations, and academics and research institutes) across seven major regions.

Organoids Market by Category By Product Type, Organoids market is segmented as:

  • Intestinal Organoids
  • Hepatic Organoids
  • Pancreatic Organoids
  • Colorectal Organoids
  • Neural Organoids
  • Others

By Application, Organoids market is segmented as:

  • Bio-banking
  • Biomedical Research and Drug Discovery
  • Regenerative Medicine
  • Cancer Research
  • Therapeutic Tools
  • Others

By End User, Organoids market is segmented as:

  • Biopharmaceutical Companies
  • Contract Research Organizations
  • Academics and Research Institutes

By Region, Organoids market is segmented as:

  • 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 9-years.

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Pharmaceutical Lipids Market is expected to increase at a 5.1% CAGR from 2022 to 2032

GlobalPharmaceutical Lipids Market is projected to rise at a considerable pace between 2022 and 2032, finds Future Market Insights in an in-depth study. Growth registered in the market is attributable to increasing cases of cholesterol abnormalities and lipid associated disorders.

Lipids are generally utilized in industries such as cosmetics and personal care, beverage and food, and pharmaceutical. Rising urbanization that has led to remarkable lifestyle changes have been influencing trends in the cosmetics and personal care industry. Expansion of the sector, which also is a key end user, will fuel sales of pharmaceutical lipids.

Social media and digitalization are greatly influencing the sales of beauty care products. Coupled with this, increasing demand for the effective and fast-acting medications combined with improvement of advance drug manufacturing facilities have been driving the pharmaceutical lipids market. Also, the rising incidence of cancer, neurological diseases, cardiovascular diseases, and other chronic diseases are expected to fuel the demand for pharmaceutical lipids.

According to the report, demand in the triglycerides segment within the market will be considerably high. It is expected to account for nearly 44% of the market in 2021.

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“The rising demand for advanced rapid drug delivery technologies, increasing adoption of natural care products, and rising geriatric populationwill continue fuelling the demand for growth of pharmaceutical lipids” says the FMI Analyst.

List Of Key Players Covered in Pharmaceutical Lipids Market are:

  • ABITEC Corporation (ABF Ingredients)
  • NOF (Nippon Oil & Fats) Corporation
  • Lipoid GmbH
  • Nippon Fine Chemical Co. Ltd.
  • BASF SE, Dishman Group
  • Cayman Chemical Company
  • CordenPharma
  • Croda International Plc
  • Gattefossé
  • IOI Oleo GmbH
  • Merck KGaA
  • Stepan Company
  • Evonik Industries AG.

Who is Winning? 
Companies operating in the market are looking for strengthening their footprint via strategic tie-ups and acquisitions. The pattern is primarily seen across companies operating in Europe and North America.

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For instance:

  • In, July 2020, ABITEC Corporation announced that it has acquired Larodan AB, a manufacturer and international marketer of state of the art, high-purity research grade lipids.  This strategic acquisition will expand ABITEC’s functional lipid product offerings and scientific capabilities to better serve the pharmaceutical, nutritional and industrial market sectors.
  • In September, 2019 BASF acquired aroma biotech innovation leader isobionices to increase its product portfolio for F&F ingredients.

Key Takeaways from Pharmaceutical Lipids Market Study 

  • The global pharmaceutical lipids market will rise at 5.1% CAGR between 2022 and 2032
  • The U.S. is the most lucrative market in the global pharmaceutical lipids market and is expected to grow with a CAGR of 5.5% between 2021-2031
  • The demand for triglycerides will continue rising in the U.K., driving pharmaceutical lipids sales
  • Germany will lead the Europe market; France too will continue exhibiting high demand
  • China will account for maximum sales in East Asia                  

Regional Insights
The U.S. dominated the North America pharmaceutical lipids market, accounting for 94.5% of the market share in 2021, and is projected to continue experiencing high demand through the forecast period. The presence of key players in the country is anticipated to bode well for the market.

Sales of pharmaceutical lipids in the U.K. are projected to increase at a 5.1% CAGR over the forecast period, leading the Europe pharmaceutical lipids market. Key players focusing on expansion of manufacturing units in the country to cater to the growing demand.

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By Region:

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

About FMI:

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

Contact:

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Universal Testing Machine Market Revenues will exceed US$ 590 Mn in 2029 | UTMs are Significantly used in the Automotive Industry

The universal testing machine (UTM) market continues to observe a steady growth rate. Towards the end of forecast period, global universal testing machine market revenues will exceed US$ 590 Mn, as projected by a new Future Market Insights (FMI) report. Driven by extensive utilization for material testing applications in automotive, construction, and paper and plastic industries

Capable of testing various mechanical properties such as tension, compression, shear, bending, hardness, fatigue, and others, universal testing machines are also widely utilized by glass, metal, polymer, rubber & ceramic, and wood product manufacturers.

Owing to their simple test fixture and minimum sample machining requirement, four column testing machines continue to define manufacturers’ bottom lines. As four column testing machines account for nearly half of market revenues, manufacturers are significantly focused on this product category.

However, four column testing machines will see a dip in their demand due to their high upfront costs, thus, are likely to lose share to other UTMs – dual and single column testing machines through 2029.

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Key Takeaways – Universal Testing Machine Market Study

  • Based on market value share, four column universal testing machines segment to be dominant, despite a relatively high price point. On the other hand, single column universal testing machines segment is anticipated to hold a higher market volume share, owing to relatively lower cost and higher application in paper & plastic, polymer, textile, and electronics & electrical industries.
  • UTMs are significantly used in the automotive industry, as these are used to determine mechanical test data such as material rigidity, design stiffness, components, fatigue and material forming, and joining technology. Moreover, testing for engine & drive train, chassis, body, interior design, and electronic component design is performed by UTMs in this industry.
  • Global manufacturers of universal testing machine are majorly focusing on the development of new universal testing machines with wide measuring range, owing to increasing demand for diverse material testing that require specific UTMs. Furthermore, customer-centric approach by maximizing services is the primary focus of regional/local manufacturers.

Several end-use industries are preferring multi-purpose universal testing machines over other testing machines that can measure only single mechanical property. Therefore, manufactures have shifted their focus on application-specific product development.

Who Is Winning?

The global universal testing machine market is moderately fragmented owing to continuous demand for testing mechanical properties for wide range of materials, and presence of regional and global players. Key manufacturers such as Instron (Illinois Tool Works), AMETEK, Shimadzu Corporation, Keysight Technologies, Zwick/Roell, and MTS Systems Corporation account for about 30% of the overall market share. North America and Europe are anticipated to account for approximately half of the total market share, owing to significant demand for automotive, aerospace, and textile material testing.

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Product Development to Grab Larger Market Share

Broadening applications in various industries such as automotive, construction, textiles, aerospace, paper & plastic, electronics, polymer and others, are shaping market growth positively. Therefore, market players offering universal testing machines are continuously focusing on developing new products to sustain their positions in the highly competitive market.

Developed Regional Markets Leading the Way

The worldwide adoption of UTMs is primarily concentrated at the developed regions of North America and Europe, which collectively account for around 45% of total sales. The US and the UK are spearheading the regional markets respectively, with the market in former reflecting the most worthwhile sales opportunities. While these developed regional markets continue to lead the pack in the global landscape, market players are also eyeing growth potential in East Asia, owing to the thriving end-use industries – construction, automotive, and electronics & electrical.

UNIVERSAL TESTING MACHINE MARKET TAXONOMY

The global universal testing machine market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Product

  • Single Column Testing Machines
  • Dual Column Testing Machines
  • Four Column Testing Machines

End Use

  • Automotive
  • Paper & Plastic
  • Textiles
  • Electronics & Electricals
  • Aerospace Material Testing
  • Construction Material Testing
  • Research & Academia
  • Others

Region

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

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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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Electromyography Devices Market Size, Segmentation, Future Demands, Latest Innovation, Regional Forecast to 2032

Electromyography devices are powerful and flexible enough which are used for the re-education of injured muscles, relaxation training of tense muscles as well as training of the necessary muscles to improve incontinence.  Electromyography devices are biofeedback devices and becoming widely used to help patients who are affected by neuromuscular disorders to regain voluntary control of specific muscles.

Electromyography devices are employed for training in the rehabilitation of patients affected by the cerebrovascular accident, nerve injury, poliomyelitis, torticollis, bruxism, temporomandibular joint syndrome and other disorders.

Nerve monitoring plays a significant role in the surgery which is also called as intraoperative neuromonitoring or neurophysiological monitoring (IONM) which implementing electrophysiological methods such as electromyography (EMG) and has become an essential part of the surgical team to avoid the situation like irreversible nerve damages caused during surgical procedures.

Electromyography devices appear to be a promising biofeedback treatment technique which is available for home use as well as professional use, and biofeedback sessions can be conducted on a daily basis by the individual who is interested in recovering from the dysfunction and pain caused by tight muscles and also for neuromuscular rehabilitation.

Electromyography device helps patients with chronic pain to discover the level of tensions 15 or 20 times normal levels in biofeedback sessions. Electromyography devices are used as the enhancer of the treatment which allows the patient and the therapist to make more quick and effective improvement towards the rehabilitation objective.

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Electromyography Devices Market: Drivers and Restraints

Ongoing research activities in the area of spinal disorders and cerebral has accelerated the Electromyography devices market. In recent time, increase in the prevalence of the neurodegenerative disorder among aging population such as Parkinson’s disease and Alzheimer’s disease, is the key driver of the global Electromyography devices market have proven to be opportunistic for the growth of biofeedback equipment in the upcoming future.

Biofeedback equipment is used to serve different purposes like in improving athletic, corporate and academic performances as well to improve one’s health and wellness. Some of the factors like lack of skilled professionals and the low government funding could hamper the growth of Electromyography devices market.

Increasing mergers and acquisitions and rapid product launches between government associations and manufacturing companies are some of the trends in the global electromyography devices.

Electromyography Devices Market: Overview

Electromyography devices are expected to show healthy growth in the forecast period as it non-invasive technique and no health risk is associated with it. The Michigan Headache and Neurological Institute (MHNI) acclaims that Electromyography devices involve in therapy improve symptoms of a headache and migraine approximately in 40 to 60 percent of patients.

Biofeedback equipment is also used by sports psychologists to reduce the smoking habit and helps in sharpening their focusing abilities. Growing awareness about physiological and psychological health among population leading the biofeedback electromyography devices market to grow faster.

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Electromyography Devices Market: Region-wise Outlook

Globally, North America dominates in Electromyography devices market due to increase in awareness and the importance of the muscle monitoring devices. North America has well-built healthcare infrastructure as well as the preference of non-drug treatment by patients and is expected to continue its dominance in the upcoming period due to the high prevalence of neural diseases.

North America is followed by Western Europe in Electromyography market due to the advancement in technology and the easy access to the technologies. Asia-Pacific region is expected to show faster growth curve in the forecast period due to high demand for neurophysiology devices, increasing the disposable income of emerging countries as well as growing number of hospitals/ clinics, specialized neuro-care centers, and monitoring practices.

Electromyography Devices Market: Key Market Participants

Some of the key players in this market include Cadwell Laboratories Inc, Compumedics Limited, Covidien Limited, Natus Medical Inc., Electrical Geodesics Inc., Nihon Kohden America Inc. NeuroWave Systems Inc., and Noraxon U.S.A.; Inc.

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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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Critical Care Information Systems Market Comprehensive Research Study, Competitive Landscape and Forecast to 2027

Critical care information systems are used to help manage the large amount of data generated in an intensive care unit every day. Obtaining, synchronizing, assimilating, and evaluating patient data is very difficult because of incompatibilities among monitoring equipment, the absence of standard data formatting and proprietary limitations from industry.

The intensive care units are a specialized section of a hospital containing the equipment, medical and nursing staff, monitoring and life support devices necessary to provide continuous care to patients that are severely ill and medically unstable.

Information and communication technology has the potential to address many problems encountered in ICU care and managing large amounts of patient and research data and reducing medical errors.

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Critical Care Information Systems Market: Drivers and Restraints

The extensive use of physiological monitoring and organ support systems in critical care ensures that these areas are already technologically rich environments.

This leads to a higher likelihood of acceptance of new information technology and ease in its implementation that reduces the inherent risk of information technology projects.

However, clinical record keeping has been more challenging, particularly the requirement for electronic storage of a medico-legal record. Decision support ranges in its extent and requires further development. Successful integration with other hospital systems is highly desirable but may be made more difficult by the lack of rigorous technical standards in healthcare computing

The critical care information system is fundamental to the quality improvement, research and business reporting functions. The huge amount of data, the lack of common minimal and extensive data sets, and the technical challenges of software development, all combine to make this a resource expensive venture requiring on site customization.

Purchasing and implementing a critical care information system is costly in human and material resources.

Critical Care Information Systems Market: Segmentation

The critical care information system provider’s offer specialized programs to the end-users assisting in management of health plans by offering solutions to increasing costs of complexities in various treatments.

Critical Care Information Systems Market: Overview

The critical care information system has been implemented in 201 adult and pediatric Level 3 and Level 2 critical care units.

The system provides an important medium for monitoring and managing the province’s critical care resources more effectively, as well as highlighting opportunities for implementing quality improvement initiatives at individual hospitals and across the LHINs.

Additionally, critical care information system supports the ventilator associated pneumonia and central line infection data collection under the ministry’s patient safety initiative. The data captured in critical information system is also used to develop quarterly reports to inform health care system improvements.

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Critical Care Information Systems Market: Region-wise Outlook

Geographically, the market is segmented into North America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, Latin America, and Middle East and Africa.

North America is the largest market for critical care information systems owing to extensive technological advancements in this region. Countries such as the U.S. and Canada have been successful in implementing eHealth and health in their healthcare system, which as a result will boost the market growth.

Also presence of developed healthcare and IT infrastructure, promising government initiatives in executing critical care information system in the current healthcare infrastructure and constantly improving reimbursement scenario is further propelling the market growth.

Followed by North America is Europe market in the critical care information system owing to enhanced digitization of the healthcare processes and implementation of telehealth in this region. Asia Pacific include the acceptance and demand for high end medical.

Countries like China, Japan and India are developing countries and hence fuel the market growth for critical care information system. Countries in Latin America like as Brazil and Mexico are the regions that have significant potential for growth due to evolving medical structure in the critical care information systems.

Critical Care Information Systems Market: Key Players

Some of the major market players include Affiliated Computer Services Inc., All Scripts Healthcare Solutions, Inc., Cerner Corporation, CompuGroup Medical, Computer Sciences Corporation, iSOFT Group Limited, Picis Clinical Solutions, Inc., Optum, Inc., McKesson Corporation and Siemens Healthcare. The companies in this market are adopting various strategies like agreements, expansions, and product deployment to increase their share and create a strong position in the critical care information system market.

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 market segments such as geographies, application, and industry.

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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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Dementia Care Products Market Growth, Future Trends, Demands, Emerging Technology by Regional Forecast to 2032

Alzheimer’s disease or dementia have disturbing effects on memory as well as cognitive function of a person and negatively impact the daily activities of a person. With the progress of disease, there is also an increase in patient assistance.

Dementia care products are the aids designed for the patients suffering from symptoms of dementia to make their life easier. A range of products are available in the dementia care product category such as  memory exercise & activity products, daily reminder products, bathroom safety products, dining aids, communication products, personal safety products, special clothing etc.

These products benefits the patients in performing routine activities with ease and thus assists their families and carers. There are plenty of pioneering products in the market today which enable dementia patients or other forms of memory loss patients to live safely and independently such as 24 hrs monitoring bands and others.

The increasing support from various government as well as private organization supports the market growth for Dementia care products over the forecast period.

The market for dementia care products is growing all the time with better choice and availability offerings, as new innovations seek to help manage and ease life with the condition and help care providers offer easier support and assistance in maintaining a good quality of life for the patient.

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Dementia Care Products Market: Drivers & Restraints

Rising geriatric population as well as number of dementia patient pool drives the whole market for dementia care products. Along with this, increasing number of manufacturers and distributors for dementia care products also fuels the market growth. Increasing online sales trend also facilitates the market growth over the forecast period as this increases the product accessibility to different geographies.

Limitation of product accessibility and affordability in various remote areas restraint the market growth for dementia care products. High costs associated with the product range also limits the consumer base growth and however curbs the market.

Dementia Care Products Market: Overview

Rising number of dementia cases over the globe generates the market opportunity for dementia care products. According to World Alzheimer Report 2015, more than 10 million new cases of dementia occur each year worldwide which implies huge consumer base worldwide for these dementia care products.

Prevalence pool of patients suffering from dementia is quite high in low or middle income countries as compared to the high income countries provides a huge market opportunity companies to expand their product supplies over these regions. Cost effective and high utility products are highly favorable and generates strong product sales for the company.

Adoption trend for healthcare products and services are likely to improve the market for dementia care products too.

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Dementia Care Products Market: Region-wise Outlook

Geographically, North America is the leading consumer driven market for dementia care products because of the large number of product suppliers in the region as well as product affordability in the region. This is followed by Western Europe region due to high disposable income as well as consumption trend for the healthcare associated products.

Asia Pacific market is the fastest growing market globally because of rising incidence rates of dementia patients in the region and growing awareness for these utility products. Latin America region also shows significant growth rate over the years with the increasing healthcare expenditure.

MEA represents the lowest market share as well as growth rate for dementia care products market because of less adoption rate as well as weak distribution channel over the region.

Dementia Care Products Market Treatment Market: Key Players

There are large number of manufacturers and distributors for dementia care products which also vary from region to region. Some of the players in the dementia care products market includes Parentgiving, Inc., EasierLiving, LLC, Find memory care, Healthcare products LLC., Best Alzheimer’s Products, NRS Healthcare, Buddi Ltd. etc.

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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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Future Market Insights Inc.

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Preimplantation Genetic Testing Market Growth Opportunities, Industry Revenue, Future and Business Analysis by Forecast 2027

Preimplantation genetic testing or preimplantation genetic diagnosis is a technique in which the embryos prepared through in vitro fertilization are tested for defects before implantation. Preimplantation genetic testing enables physicians and to identify the defects present in the embryos and selectively implant healthy embryos in the uterus which increases the chances of delivering a genetically healthy baby.

Preimplantation genetic testing helps people to avoid the hereditary disorders that prevail in the family to be carried into the baby. The preimplantation techniques involve various steps like the collection of eggs from the mother or egg donor which are later in vitro fertilized. Fertilized eggs are then tested for various genetic conditions through screening processes.

Healthy embryos may be frozen and stored for further use whereas unfit embryos are destroyed. The healthy embryos are implanted to induce pregnancy. Preimplantation genetic testing also serves another purpose like gender selection.

However, this application is currently facing several ethical questions. The preimplantation genetic testing is currently is gaining popularity as a fertility treatment option among carriers of sex-linked genetic disorders, single gene donors, people suffering from chromosomal disorders, older women seeking pregnancy and among women who experience recurring abortions.

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Preimplantation Genetic Testing Market:  Drivers & Restrains 

Increasing awareness about preimplantation genetic testing among people suffering from genetic disorders is expected to drive demand for preimplantation genetic testing procedures According to the Global Genes Organization a non – profit organization aimed towards promoting needs of the rare diseases community, there are nearly 7000 distinct rare diseases and genetic or rare diseases affect nearly 350 million people globally.

Moreover according to the National Institutes of Health (NIH), about 50% people affected by rare diseases are children. Growing number of people suffering from genetic diseases are expected to increase demand for preimplantation genetic testing procedures in order to have a healthy child.

Owing to high pregnancy chances with preimplantation genetic testing procedure as compared to other fertility treatments the demand for PGI testing is expected to witness high demand among people seeking IVF treatments. Increasing applications for preimplantation genetic testing for diagnosis of diseases like cancer and other minor disabilities like deafness is expected to create high growth opportunities for preimplantation genetic testing market stakeholders.

Even though the preimplantation genetic testing market promises a health growth, restraints like the ethical issues related to preimplantation genetic testing and stringent regulatory policies may hamper the revenue growth of the market. Socio – economic concerns related to sex determination and sex discrimination of the embryo are rising issues that might restraint the development of technology in preimplantation genetic testing market.

Preimplantation Genetic Testing Market: Overview

The global preimplantation genetic testing market is expected to witness high growth over the forecast period owing to the increasing number of people seeking IVF treatment for fertility related problems and increasing awareness of preimplantation genetic testing being for avoiding birth defects among babies. Increasing adoption of preimplantation genetic testing in the developed and emerging countries is expected to create healthy growth opportunities for the market participants in the global preimplantation genetic testing market

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Preimplantation Genetic Testing Market: Region – wise Outlook

Geographically the global preimplantation genetic testing market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA).

Geographically North America and Western Europe are expected to dominate the market for preimplantation genetic testing owing to high awareness among the people and presence of several end users providing preimplantation genetic testing services. APEJ is expected to be the next lucrative market. Latin America and MEA regions are also expected to witness significant growth in the preimplantation genetic testing market.

The growth of preimplantation genetic testing market is mainly dependent on resolving the ethical restraints involved and introduction of effective regulations for ethical use of technology in various regions.

Preimplantation Genetic Testing Market: Market Participants

Some players in the preimplantation genetic testing market are Abbott Laboratories, Natera, Inc., Illumina, Inc., Perkin Elmer, Inc. Thermo Fisher Scientific, Inc., F. Hoffmann-La Roche Ltd and others

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About Us    

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

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