FMI Analysis Indicates Global Pipes Market Size Projected to Reach USD 238.67 Billion Mark by 2034, Growing at 5.01% CAGR

The global pipes market is valued at a substantial USD 146.38 billion valuation by 2024. The projected growth trajectory is expected to be exceptionally strong, with a compound annual growth rate (CAGR) of 5.01%. By 2034, this trajectory is expected to propel the market to a remarkable valuation that will surpass USD 238.67 billion.

The industrial sector, where pipes are being used more and more, is expected to account for a significant portion of this growth—more than 25.6%—by the end of the forecast period, which runs from 2024 to 2034. The driving force behind this significant growth is the growing need for quick-build projects in the commercial, residential, and industrial domains. The way the market has changed indicates how important it has been in forming the infrastructure scene on global scale.

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Emerging Market Dynamics Fuel Global Pipe Demand Across Diverse Sectors:

In an era characterized by rapid industrialization and burgeoning infrastructural development, the global demand for pipes is poised to witness a significant upswing. This surge in demand is propelled by a confluence of factors, including the pronounced growth across diverse industries and the infrastructure evolution in emerging economies.

Residential applications prominently feature plumbing pipes, primarily designated for the crucial transport of potable water and wastewater. Meanwhile, the ambit of piping systems expands considerably within commercial edifices such as hospitals, schools, offices, and retail establishments. These structures house specialized piping networks designed for the conveyance of various fluids, tailored to the unique requirements of each setting.

The industrial domain constitutes another pivotal arena where specific piping needs arise, intricately linked to the distinct nature of manufacturing processes underway. As the global population continues its upward trajectory, the consequential impact on infrastructure development is undeniable. The inexorable expansion of new construction projects, accompanied by ongoing initiatives, accentuates the indispensability of robust piping systems. This symbiotic relationship between population growth and infrastructural demands inherently fuels the surge in pipe requisites.

This robust demand surge reverberates through the market, underpinned by the escalating clamor for new construction extensions and substantial project investments, especially within burgeoning economies. Of note is the commercial segment, poised to seize a substantial share of the market, exhibiting an impressive Compound Annual Growth Rate (CAGR) during the forecast period. The interplay of these factors, harmonizing growth aspirations and pivotal infrastructure needs, charts a compelling trajectory for the global pipes market.

Key Takeaways from Market Study:

  • By material type, the metal segment is accounted to hold a market share of 67.73% in 2024.
  • By diameter, the 100 to 200 mm in the metal segment is anticipated to hold a market share of 14.56% in 2024.

Key Companies Profiled:

  • Aliaxis Group
  • Sekisui Chemical Co. Ltd
  • Orbia Advance Corp
  • ASTRAL POLYTECHNIK Ltd.
  • Geberit AG
  • Finolex Industries Ltd.
  • Formosa Plastic Corporation
  • Nan Ya Plastics Corp.
  • Advanced Drainage Systems Incorporated
  • Polypipe Group Plc
  • AGRU Kunststofftechnik Gesellschaft M.B.H
  • FRANK GmbH
  • Contech Engineered Solutions LLC
  • Wienerberger AG
  • Mexichem SAB de CV

Key Segments Covered:

By Material Type:

  • Plastic
    • PVC
    • cPVC
    • PE
      • HDPE
      • LDPE
    • PP
    • ABS
    • Fiberglass
  • Metal
  • Composite

By Diameter:

  • Plastic
    • Up to 50mm
    • 50-100mm
    • 100-200mm
    • 200-400mm
    • 400-700mm
    • Above 700mm
  • Metal
    • Up to 50mm
    • 50-100mm
    • 100-200mm
    • 200-400mm
    • 400-700mm
    • Above 700mm
  • Composite
    • Up to 50mm
    • 50-100mm
    • 100-200mm
    • 200-400mm

By Sales Channel:

  • Residential
    • Plastic
    • Metal
    • Composite
  • Commercial
    • Plastic
    • Metal
    • Composite
  • Industrial
    • Plastic
    • Metal
    • Composite
  • Infrastructure
    • Plastic
    • Metal
  • Composite

By Region:

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

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Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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Global Smart Home Security Camera Market to expand at a Staggering 13.2% CAGR from 2024 to 2034, reaching a Value of US$ 29,788.6 million- FMI Report

The smart home security camera market is anticipated to be valued at US$ 8,658 million by 2024. The market valuation is estimated to be US$ 29,788.6 million by 2034, projected at a CAGR of 13.2%. The market is experiencing robust growth driven by increasing concerns about home security and advancements in camera technology. As more individuals seek to protect their homes and properties, the demand for smart security cameras continues to rise steadily.

Market players are focussing on developing feature-rich cameras with enhanced functionalities to meet diverse consumer preferences. These features often include night vision capabilities, motion detection sensors, and two-way audio communication, allowing users to remotely monitor and communicate with individuals in their homes. Integration with smartphone applications further enhances the appeal of these devices, enabling users to monitor and control their security cameras from anywhere, at any time.

The market is highly competitive, with prominent players continuously striving to innovate and differentiate their offerings. Product innovation and strategic partnerships are key strategies manufacturers employ to gain a competitive edge. The emergence of smart home ecosystems, where various devices and appliances are interconnected, drives the demand for intelligent security solutions that seamlessly integrate with existing smart home infrastructure.

One notable trend in the market is the emergence of professionally installed security camera systems, particularly suited for larger homes or properties. These comprehensive solutions offer advanced features and customization options, catering to the specific security needs of homeowners. As smart home technology becomes more prevalent, the demand for integrated security solutions that complement other smart home devices is expected to increase.

Key Takeaways from the Market Study

  • Under camera type, the smart indoor camera is registered to hold a market share of 39.3% in 2024.
  • Germany is estimated to register at a CAGR of 11.7% by 2034.
  • Japan experiences significant growth, projected at a CAGR of 15.7% by 2034.
  • Based on connectivity, the wired smart camera segment is accounted to hold a market share of 70% in 2024.

“The increasing concerns regarding home security among consumers is one significant driver of the smart home security camera market,” comments a Future Market Insights analyst.

Competitive Landscape

Various manufacturers vie for market share through product innovation and strategic partnerships in the competitive landscape of the smart home security camera market.

Key players focus on developing feature-rich cameras with advanced functionalities such as night vision and motion detection. Intense competition drives continuous improvement and enhances the options available to consumers.

Some of the key developments are:

  • In March 2023, Google partnered with ADT to launch ADT Self-Setup, a do-it-yourself home security system. Users can select from various Google smart home devices to bolster their home security. These devices seamlessly integrate with the ADT+ smartphone app, offering comprehensive support.
  • In May 2023, ADT Inc. unveiled an outdoor Wi-Fi camera with advanced features as part of its Smart Home security system. Equipped with two-way audio functionality, it enables communication with individuals near the camera. The camera delivers full-color HD video footage and offers night vision capability for low-light conditions.

Smart Home Security Camera Market – Key Segments

By Camera Type:

  • Smart Video Doorbell Camera
  • Smart Indoor Camera
  • Smart Outdoor Camera

By Connectivity:

  • Wired Smart Camera
  • Wireless Smart Camera

By Sales Channel:

  • eCommerce/Online
  • Physical Stores/Offline

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Middle East and Africa

More Valuable Insights Available

Future Market Insights offers an unbiased global smart home security camera market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034

To understand market opportunities, the smart home security camera market is segmented based on camera type (smart video doorbell camera, smart indoor camera, smart outdoor camera), connectivity (wired smart camera and wireless smart camera), sales channel (e-commerce/online and physical stores/offline) and region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and the Middle East and Africa).

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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Revolutionizing Last-Mile Delivery: Multicarrier Parcel Management Solutions Software Market to Surpass US$ 1.5 Billion by 2033

The worldwide market for comprehensive multicarrier parcel management solutions software market is going to show spectacular development, leaping from a worth of US $604.3 million in 2023 to an incredible US$ 1.52 billion by the end of 2033 with a powerful CAGR of 9.7%.

Growth in international shipping creates opportunities in the multicarrier parcel management solutions software market. But some businesses are not aware of multicarrier parcel management solutions software which makes restraint for this market. New technologies threaten this market as new technologies are used to develop new ways to manage shipping.

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Market Opportunities

Multicarrier parcel management solutions software market is growing with a great CAGR value of 9.7%, which is one of the key factors for increasing opportunities in this market. The increasing demand for e-commerce platforms also creates opportunities in this market.

Businesses have to go through many types of rules and regulations so multicarrier parcel management solutions software helps businesses by providing it in a single platform to manage all shipping.

Key Takeaways

  • The multicarrier parcel management solutions software market is on a trajectory of unprecedented expansion in the coming decade, projected to soar beyond the $1.52 billion mark by 2033.
  • The thriving IT industry is witnessing an influential force in the form of the multicarrier parcel management solutions software market, poised to exhibit an impressive CAGR of 9.7%.
  • The United States dominates with a 17.9% market share in multicarrier parcel management software, driven by widespread adoption.
  • China holds a substantial 10.4% market share in multicarrier parcel management solutions software, fueled by growing demand from businesses and consumers.
  • Europe’s mature market captures 23.4% share in multicarrier parcel management solutions software, driven by experienced users and rising popularity.
  • Japan’s emerging market secures 5.2% share in multicarrier parcel management solutions software, supported by increasing availability and high disposable income.

Competitors Winning Strategies
Competitors in the multicarrier parcel management solutions software market are applying many strategies like partnering with other businesses to get new customers from other markets Also, with this, they can reach a wider audience. They provide excellent customer service to their customers. With this, they can make relationships with customers and get loyal customers.

They are focusing on the security of customer’s data as there are data leaks from many apps and platforms, so it is important to secure customer’s data.

ShipStation, Stamps.com, Yelo, Easyship, ShipBob, ConnectShip, MetaPack, EFI SmartLinc, xShip, and Centiro are the competitors in the multicarrier parcel management solutions software market.

Recent Developments

  • EFI SmartLinc: EFI SmartLinc, a supplier of multicarrier parcel management solutions software, stated that it had developed an update that enables customers to watch the status of their packages in real-time.
  • Logicor Shipping: Logicor Shipping, a supplier of multicarrier parcel management solutions software, revealed that it had extended its range of services by adding international shipping.
  • xShip: xShip, a multicarrier parcel management solutions software supplier, revealed that it had secured $50 million in Series B investment. This cash will be utilized to improve xShip’s system by making it simpler for companies to handle their package shipment.
  • ShipStation: ShipStation, a prominent supplier of multicarrier parcel management solutions software, has teamed with DHL Express to create a fresh shipping option for companies.

Key Segments

By Deployment:

  • Cloud Based
  • On-Premise

By Organization Size:

  • Large Enterprises
  • SMEs

By Region:

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

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Respiratory Devices Market Projected to Reach USD 69,072.5 Million by 2034 at a 9.90% of CAGR

Respiratory Devices Market
Respiratory Devices Market

The global respiratory devices market is poised for remarkable growth, driven by advancements in combination therapies for the treatment of Chronic Obstructive Pulmonary Disease (COPD) and asthma. Following the recent COVID-19 pandemic, the critical role of respiratory devices in mitigating the spread and severity of respiratory illnesses has become increasingly evident, positioning the market for substantial expansion. The market valuation is expected to reach an impressive USD 26,873.7 million by 2024.

Significant investments from both private and public healthcare sectors have advanced Medicare initiatives, enhancing the acceptance and adoption of respiratory devices across developed and developing regions. According to industry analysis, the respiratory devices market is projected to grow at a compound annual growth rate (CAGR) of 9.90% through 2034, indicating strong future prospects.

Manufacturers are focusing on creating respiratory devices that are not only effective but also affordable for the general population. Despite the emergence of alternative treatment methodologies, the market is expected to surpass USD 69,072.5 million by the end of 2034. Additionally, government initiatives and medical inclusion policies in underdeveloped and developing countries are significantly increasing access to respiratory devices, expanding the market reach.

The COVID-19 pandemic has underscored the importance of respiratory devices in both preventing and treating respiratory conditions. The pandemic highlighted their essential role in healthcare settings, further boosting their adoption and market growth.

Key Takeaways from the Respiratory Devices Market Study:

  • The positive airway pressure device segment dominates the market with a share of 31.30% in 2024.
  • Based on the end users, the hospital segment leads the respiratory device market with a share of 40.70% in 2024.
  • The respiratory device market in Germany is anticipated to progress at a CAGR of 12.10% through 2034.
  • The respiratory device market in France is estimated to rise at an 11.90% CAGR through 2034.
  • The respiratory device market in India has the potential to increase at 11.40% CAGR through 2034.
  • The Canadian respiratory device market is predicted to rise by 10.30% CAGR through 2034.
  • The respiratory device market in Mexico is very likely to develop at a CAGR of 10.10% through 2034.

Competitive Landscape in the Respiratory Device Market:

The market is well-established, with numerous companies competing for international dominance.

  • Hospitals, ambulatory surgical centers, clinics, and other healthcare facilities rely heavily on these companies for their respiratory needs.
  • These companies are investing billions of dollars into developing effective and affordable product offerings for the general public.
  • Some of the leading companies in the market include Massimo Corporation, Teleflex Incorporated, Fisher & Paykel Healthcare Limited, ResMed Inc., Hamilton Medical AG, Medtronic plc, and Koninklijke Philips N.V.

Recent Developments from the Respiratory Devices Market:

  • ResMed launched the AirCurve 11 series with bilevel-positive airway pressure devices in Feb 2024.
  • BOB, a tool unlocking respiratory data from devices, was developed by researchers from the University of Canterbury in Aug 2023.
  • Dräger was awarded Frost & Sullivan’s Company of the Year Award in global respiratory care in Feb 2024.
  • University Medical Devices secured $1.6 million in seed funding to launch MicroWash, a nasal specimen collection device, in Feb 2024.
  • Clario acquired AI-powered software company ArtiQ in Apr 2024 to enhance data quality and patient experience in respiratory clinical trials.
  • SunMed acquired Avanos Medical’s respiratory health business for $110 million in June 2023.
  • ResMed acquired Somnoware, a software maker specializing in sleep and respiratory diagnostics, in Jul 2023.
  • AirPhysio launched respiratory devices in Chennai, India in Oct 2022, partnering with Medsmart and Apollo Group for the rollout.

Top Key Companies in the Respiratory Devices Market:

  1. Massimo Corporation
  2. Teleflex Incorporated
  3. Fisher & Paykel Healthcare Limited
  4. ResMed Inc.
  5. Hamilton Medical AG
  6. Medtronic plc.
  7. Koninklijke Philips N.V.
  8. Smith’s Medical
  9. General Electric Healthcare Limited
  10. Drägerwerk AG & Co. KGaA
  11. Inogen Inc.

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Key Segments of the Respiratory Devices Market:

Product Categories:

  • Respiratory Consumables
    • Respiratory Masks
    • Nasal Cannulas
    • Oxygen Tubing Sets
    • Breathing Filters
  • Nebulizers
    • Compressed Jet Nebulizers
    • Ultrasonic Nebulizers
  • Oxygen Concentrators
    • Home Oxygen Concentrators
    • Portable Oxygen Concentrators
    • Positive Airway Pressure (PAP) Devices
    • Polysomnography Devices
    • Ambulatory PSG Devices
    • Clinical PSG Devices
    • Pulse Oximeters
    • Mechanical Ventilators
    • Spirometers

End Users:

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics
  • Long-Term Care Centers
  • Others

Regions:

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

About the Healthcare Division at Future Market Insights

The healthcare domain at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Million+ data points, the team has been analyzing the market lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Compression Garments and Stockings Market Projected to Reach USD 3.9 Billion by 2029, Growing at 4.9% CAGR

Global Compression Garments and Stockings Market
Global Compression Garments and Stockings Market

The global compression garments and stockings market is set for substantial growth, expanding at a compound annual growth rate (CAGR) of 4.9%. The market, valued at USD 2.8 billion in 2022, is expected to reach approximately USD 3.9 billion by 2029.

This growth is primarily driven by the increasing prevalence of venous disorders, rising awareness of the benefits of compression therapy, and the growing geriatric population. Compression garments and stockings are widely recognized for their role in enhancing circulation, reducing swelling, and providing support for various medical conditions, including deep vein thrombosis and varicose veins.

This promising growth reflects an increasing demand for compression garments and stockings, driven by rising awareness of their health benefits and advancements in textile technology. These garments are widely recognized for their effectiveness in managing conditions such as varicose veins, deep vein thrombosis, and other circulatory issues.

Key Takeaways – Compression Garments and Stockings Market Study

  • The growing adoption of compression garments for orthopedic post-surgical pain management has contributed to the significant market share of the segment by product type.
  • Hospitals remain as prominent distribution channels for compression garments and stockings for patients suffering from muscle pain, swelling and bone-related injuries.
  • Online sales of compression garments and stocking are gathering momentum owing to favorable discounts and free shipping offered by various platforms.
  • Growing preference for compression garments and stockings among geriatric population in Western Europe, contributed to the significant dominance of the region in compression garments and stockings market.
  • Increasing number of sports injuries and wounds are expected to drive the compression garments and stockings market growth. Strict norms for the use of compression garments and stockings among armed forces personnel and athletes are anticipated to propel the market growth.

Rising Awareness Holds Key to Unlock New Markets

The key manufacturers in the global compression garments and stockings industry are keen to spread awareness about the benefits offered by compression garments and stockings. In May 2017, BSN Medical hosted panel discussions on chronic venous diseases and wound infection management at EWMA 2017. Medi GmbH & Co. KG spreads awareness through its alliance with German Society for Arthroscopy and Joint Surgery, Eurocom, German Association for Shoulder and Elbow Surgery, German Knee Society and other associations.

More About Compression Garments and Stockings Industry Study

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of segments from 2015 to 2029. The global compression garments and stockings industry is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The study provides compelling insights on compression garments and stockings industry based on product type (compression garments, compression stockings), application (varicose vein, wound care, burns, oncology, other indications) and distribution channel (hospitals, ambulatory surgical centers, clinics, online sales, other healthcare facilities) across seven major regions.

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Compression Garments and Stockings Market by Category By Product :

  • Compression Garments
    • Upper Compression Garments
    • Lower Compression Garments
  • Compression Stockings
    • Anti-Embolism Compression Stockings
    • Gradient Compression Stockings

By Application :

  • Varicose Veins
  • Wound Care
  • Burns
  • Oncology
  • Others

By Distribution Channel :

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics
  • Online Sales
  • Other Healthcare Facilities

By Region :

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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North America Medical Cart Solutions Market Set to Reach USD 3,750.98 Million by 2034, Growing at 4.7% CAGR

North America Medical Cart Market
North America Medical Cart Market

The medical cart solutions market in North America is projected to witness significant growth, with an anticipated adoption rate of 4.7% through 2034. The market size is expected to increase from USD 2,255.10 million in 2023 to approximately USD 3,750.98 million by 2034.

This growth is driven by the increasing demand for efficient and organized healthcare delivery systems in hospitals and clinics. Medical carts play a crucial role in enhancing workflow efficiency, improving patient care, and ensuring that healthcare professionals have immediate access to essential medical supplies and equipment.

This impressive growth trajectory reflects a growing demand for advanced medical cart solutions, driven by increased healthcare facility investments, advancements in medical technology, and a heightened focus on improving patient care and operational efficiency. As healthcare providers seek to enhance workflow and patient management, medical carts are becoming an integral part of modern medical environments.

This upward trajectory is a testament to the proactive measures undertaken by healthcare organizations and government bodies across North America. With a focused approach to meeting the evolving healthcare needs of the population, there has been a notable increase in healthcare expenditure. The substantial rise in spending has empowered healthcare organizations to augment their inventory of essential equipment and facilities, including medical carts.

Market players are improving their market position by participating in conferences, coming into contract agreements, and partnering to gain hold of additional customers. These tactics are assisting companies to extend their geographic reach and access to services, products, or new types of customers.

An increase in healthcare providers is shifting to medical carts equipped with EMR systems to track medical data on the spot for a continued vision over the entire treatment progress. The use of advanced medical carts featuring touch panels to store and access data on EMR medical carts is expected to enhance the scope of medical carts in North America.

“Key players are constantly researching and developing innovative medical carts to meet the exacting demands of the healthcare industry in North America. Additionally, players are taking note of the emerging demand for medical carts in Canada and expanding their businesses there,” opines Sabyasachi Ghosh, Associate Vice President at Future Market Insights (FMI).

North America Medical Cart Market Key Takeaways:

  • In the historical period, the market grew at a rate of 5.6% to attain a market share of US$ 3,582.60 million in 2023.
  • The United States medical cart industry is predicted to expand at a CAGR of 5.2% through 2034.
  • The Canada medical cart industry is anticipated to register a CAGR of 6.2% through 2034.
  • Based on product type, the real-time locating system segment is projected to acquire a value share of 36.80% in 2024.
  • Based on end users, the diagnostic center segment is anticipated to obtain a value share of 36.80% in 2024.

Key Tactics Employed by Players Operating in the North American Medical Cart Market:

The medical cart industry in North America is characterized as significantly fragmented. Market players are investing in activities like research and development to create more functional medical carts that meet the requirements of healthcare providers. Participants are also extending their product line to include carts for an extensive range of applications. Players are further introducing specialized medical carts under competitive price ranges to attract customers.

North America Medical Cart Market Key Developments:

  • In December 2022, GCX Mounting Solutions, a leading provider of healthcare-focused mobility and mounting solutions, officially announced that it had acquired Jaco, Inc. The latter company specializes in branded point-of-care IT workstation solutions for healthcare markets, such as non-powered carts, powered carts, video-presentation carts, and wall arms. The acquisition is projected to be strengthened by the addition of Jaco’s battery-powered EVO Series mobile carts.
  • In August 2021, Ergotron launched an updated CareFit Pro Medical Cart to enhance the well-being and quality of care of caregivers. The launch has incorporated customizable accessories and drawers to streamline workflow.

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North America Medical Cart Market Key Segments:

By End User:

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

By Material Type:

  • Metal
  • Plastic
  • Wood

By Energy Source:

  • Powered
  • Non-Powered (Mechanical)

By Product Type:

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

By Country:

  • The United States
  • Canada

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Varicose Vein Treatment Market Expected to Reach USD 1,477.3 Million by 2033, Growing at 6.8% CAGR

Varicose Vein Treatment Market
Varicose Vein Treatment Market

The global varicose vein treatment market is set for robust growth over the next decade. According to a research report published by Future Market Insights, the market is anticipated to exceed USD 765.2 million in 2023 and is projected to reach a valuation of USD 1,477.3 million by 2033. This growth represents a compound annual growth rate (CAGR) of 6.8% from 2023 to 2033.

The increase in the prevalence of varicose veins, driven by factors such as aging populations, sedentary lifestyles, and obesity, is significantly fueling demand for effective treatment options. Advances in treatment technologies, including minimally invasive procedures and enhanced surgical techniques, are further enhancing patient outcomes and driving market expansion.

Varicose veins, characterized by swollen and twisted veins, are a common condition affecting a significant portion of the global population. Advances in treatment options, increased awareness, and growing demand for minimally invasive procedures are driving the expansion of the market.

The increase in market valuation reflects the rising prevalence of varicose veins and the growing demand for advanced treatment options. Innovations in minimally invasive procedures and improved patient outcomes are contributing to the market’s expansion.

As the prevalence of varicose veins continues to rise globally, driven by factors such as aging populations and increasing awareness of treatment options, the market for varicose vein treatments is experiencing a surge in demand. Advances in medical technologies and an expanding range of treatment modalities are also contributing to the market’s growth trajectory.

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

Varicose Vein Treatments: Market Opportunities

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

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

APEJ Varicose Vein Treatment Market to Record Speedy Growth

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

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

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

A Old Full  Report Analysis Click Here

Market Segmentation:

By Product:

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

By End User:

  • Hospitals
  • Ambulatory Surgical Centres
  • Specialized Clinics

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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AI in Fintech Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2024-2034

The global AI in Fintech market is projected to witness substantial growth over the next decade, with a compound annual growth rate (CAGR) of 15.9% from 2024 to 2034. The market, valued at USD 13,515.7 million in 2024, is expected to reach USD 58,701.4 million by 2034, driven by increasing demand for automation, enhanced data analytics, and improved customer experiences in the financial services sector.

The integration of AI technologies in financial services has revolutionized the industry, enabling institutions to leverage data for more accurate risk assessments, personalized customer interactions, and efficient fraud detection. AI-driven solutions such as chatbots, robo-advisors, and algorithmic trading platforms are becoming mainstream, contributing to market expansion.

North America holds the largest share of AI in the fintech market. This dominance is attributed to the presence of leading financial institutions, tech giants, and significant investments in AI research and development. However, Asia-Pacific is expected to register the fastest growth driven by rapid digitization and increasing adoption of AI in emerging markets.

The market landscape is highly competitive, with key players focusing on strategic partnerships, mergers, and acquisitions to enhance their AI capabilities. Companies are also investing heavily in AI research and development to stay ahead of the curve in this dynamic market.

Drivers and Opportunities

The surge in digital payments, coupled with the growing need for advanced data analytics, is a major driver of the AI in Fintech market. Financial institutions are increasingly adopting AI to enhance their operational efficiency, reduce costs, and improve customer satisfaction. The proliferation of smartphones and the internet has further accelerated the adoption of AI-driven financial services.

Regulatory support and the push for financial inclusion in developing economies present significant opportunities for market growth. Governments and regulatory bodies are encouraging the adoption of AI in financial services to improve transparency, reduce fraud, and enhance access to banking services for underserved populations.

Moreover, advancements in machine learning, natural language processing, and big data security analytics are opening new avenues for innovation in the Fintech sector. These technologies enable more accurate predictions, real-time decision-making, and personalized financial products, driving market expansion.

However, challenges such as data privacy concerns, cybersecurity risks, and the need for skilled AI professionals could hinder market growth. Companies need to address these challenges to fully capitalize on the opportunities in the AI in Fintech market.

Key Takeaways from Market Study

  • The AI in Fintech market is expected to grow at a CAGR of 9% from 2024 to 2034.
  • North America holds the largest market share at 7%, while Asia-Pacific is anticipated to grow at the fastest rate.
  • The market is driven by the increasing demand for automation, enhanced data analytics, and improved customer experiences.
  • Key challenges include data privacy concerns, cybersecurity risks, and the need for skilled professionals.

“As businesses expand into new markets, they must adapt their AI-driven financial strategies to account for local regulations, customer preferences, and data privacy standards, ensuring a seamless integration of fintech solutions across diverse regions.” –opines Sudip Saha, managing director at Future Market Insights (FMI) analyst.

Component Insights

In terms of components, the software segment dominates the AI in Fintech market, accounting for over 55% of the total revenue in 2023. AI software solutions, including machine learning platforms, natural language processing tools, and predictive analytics software, are widely adopted by financial institutions to enhance their decision-making processes. The hardware segment, comprising AI-enabled chips and processors, is also witnessing significant growth, driven by the need for high-performance computing in AI applications.

Application Insights

The application segment is led by the payment processing industry, which utilizes AI to streamline transactions, detect fraud, and provide personalized payment solutions. Payment processing accounted for 30% of the market share in 2023. Other significant applications include risk management, where AI-driven models are used for credit scoring, fraud detection, and compliance monitoring, and wealth management, where robo-advisors and AI-powered portfolio management tools are gaining traction.

Deployment Insights

On the deployment front, cloud-based AI solutions are becoming increasingly popular, representing 60% of the market share in 2023. The flexibility, scalability, and cost-effectiveness of cloud deployment make it the preferred choice for financial institutions of all sizes. On-premise deployment, while still significant, is gradually declining as more companies transition to cloud-based models to leverage the benefits of AI.

Key Companies & Market Share Insights

The AI in Fintech market is characterized by the presence of several key players, including IBM Corporation, Microsoft Corporation, Google LLC, Amazon Web Services, Inc., and Salesforce.com, Inc. These companies collectively hold a significant share of the market, driven by their extensive product portfolios, strong R&D capabilities, and strategic partnerships with financial institutions. Start-ups and emerging players are also making their mark by offering innovative AI solutions tailored to specific Fintech applications.

Recent Developments

  • August 2024: IBM Corporation announced the launch of a new AI-powered fraud detection platform designed specifically for the financial services industry. The platform leverages machine learning algorithms to detect and prevent fraudulent activities in real-time.
  • July 2024: Microsoft Corporation expanded its Azure AI platform with new tools for financial institutions, including AI-driven customer service solutions and predictive analytics models for risk management.
  • June 2024: Google LLC acquired an AI Fintech startup specializing in natural language processing to enhance its AI capabilities in financial services.

AI in Fintech Market Segmentation

By Solution:

In terms of solution, the industry is divided into Software and Services.

By Fintech Domains:

In terms of fintech domains, the industry is segregated into digital banking, insurtech, embedded finance, digital lending, digital payments, investments & wealth, crypto/blockchain.

By Application:

In terms of application, the industry is segregated into financial fraud intelligence, financial analytics & modeling, automated claims processing, chatbots/virtual assistants, robo advisory, financial risk assessment and other applications.

By End-user:

In terms of end users, the industry is segregated into banks, insurance providers, investment firms, financial technology providers, mobile payment companies, regtech vendors, government regulatory agencies, crypto exchanges, and another end user.

By Region:

A regional analysis has been carried out in key countries of North America, Latin America, East Asia, South Asia & Pacific, Western Europe, Eastern Europe, and Middle East and Africa (MEA).

Request a Sample of this Report:
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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Cold, Cough, and Sore Throat Remedy Market Expected to Reach USD 59,539.6 Million by 2034, Growing at a 3.4% CAGR

Cold, Cough, and Sore Throat Remedy Market
Cold, Cough, and Sore Throat Remedy Market

The global  cold, cough, and sore throat remedies market is set for steady growth, with an anticipated valuation of USD 42,618.7 million in 2024. The market is projected to expand at a CAGR of 3.4% from 2024 to 2034, reaching an estimated USD 59,539.6 million by the end of the forecast period.

This growth is driven by the ongoing innovation of advanced remedies and drugs designed to meet the diverse needs of all age groups. The expansion is further supported by the promising developments in the pharmaceutical sector within emerging economies, which are contributing to the upward trend in market valuation.

This growth is driven by ongoing innovations in remedy formulations and the development of advanced drugs tailored to meet the needs of various age groups. As consumer demand for effective and accessible treatments for common respiratory ailments increases, the market is responding with diverse dosage forms and improved therapeutic options.

Seeking professional medical help for curing cold, cough or sore throat is become a rare practice, let alone getting admitted in a hospital. Prevalence of cold, cough & sore throat problems through the ages has made people more independent in terms of treating them. In the years to come, effective home remedies will continue to gain traction and people will be taking care of their cold or sore throat through such easy-to-treat remedies.

In the report, titled “Cold, Cough and Sore Throat Remedies Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” affordability of OTC drugs, rising economic burden of respiratory diseases, availability of medications in variable dosages, and fast & instant relief delivered through such cold, cough & sore throat remedies are driving the market’s growth. Nevertheless, the demand for cold, cough & sore throat remedies is less likely to soar at a healthy rate.

Product Recalls & Low Entry of New Players Impacting the Market’s Growth

Firstly, the global cold, cough & sore throat remedies market is projected to witness umpteen product recalls. Global leaders in pharmaceuticals industry such as Novartis AG, Pfizer Inc., Bayer AG, GlaxoSmithKline plc., and Reckitt Benckiser Group plc are key players in the global market for cold, cough & sore throat remedies. Despite, there are several newly-launched products that have been recalled after FDA’s censure. Besides, even consumer goods behemoths such as Procter & Gamble Co. and Johnson & Johnson Services Inc. are partaking in the market’s growth. This has resulted in a lowering entry of emerging drugmakers, which has further distorted the market’s growth. Other leading manufacturers of cold, cough & sore throat remedies include AstraZeneca plc, Prestige Brands Inc., and Sun Pharmaceutical Industries Ltd.

The report highlights how Asia-Pacific excluding Japan (APEJ) region will remain the largest market for cold, cough & sore throat remedies. The region’s proximity to environmental pollution makes its residents more prone to respiratory diseases. With over 30% stake in global revenues, the APEJ cold, cough & sore throat remedies market will global dominate through 2026. North America and Europe will also remain at the forefront, by collectively accounting for nearly half of the global revenues throughout the forecast period.

The report further reveals that in 2017 and beyond, the demand for antihistamine drugs, expectorants and decongestants will remain considerably high as these revenues from sales of these drugs will showcase growth at more than 3% CAGR. Tablets or pills and nasal drops will also dominate as dosage types, accounting for over 40% share of market value through 2026. The report also predicts retail pharmacies & drug stores as the largest distribution channels for cold, cough & sore throat remedies. Together, these channels will bring in nearly US$ 30 Bn by the end of 2026.

A Old Full  Report Analysis Click Here

Key segments covered in this report

By Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • Supermarket/ Hypermarkets
  • e-Commerce/ Online pharmacies

By Dosage Type

  • Oral Syrup
  • Tablets/Pills
  • Lozenges
  • Nasal Drops
  • Others

By Drug Type

  • Antihistamines
  • Expectorants
  • Bronchodilators
  • Decongestants
  • Antibiotics
  • Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Dengue Vaccines Market Size with a projected value of USD 1603.7 Million by 2033 at a 12.9% of CAGR

Dengue Vaccines Market
Dengue Vaccines Market

The fight against dengue fever is gaining momentum with the development of effective vaccines. A recent analysis by Future Market Insights (FMI) forecasts a bright future for the Dengue Vaccines Market, with a projected value of USD 1603.7 million by 2033. This represents an impressive double-digit Compound Annual Growth Rate (CAGR), reflecting the increasing focus on dengue prevention and control.

Key pharmaceutical companies, having successfully concluded clinical trials, are gearing up for potential new product launches. Analysts express optimism about the imminent expansion of the growth horizon within the Dengue vaccine industry. The strategic insights provided by FMI underscore the industry’s potential to address the rising prevalence of dengue fever, particularly in the Asia-Pacific region.

The Asia-Pacific region has witnessed a surge in the incidence of dengue fever, escalating the demand for effective medicines and vaccines to combat this viral disease. Against this backdrop, some pharmaceutical companies are focusing on the development of innovative dengue vaccines. FMI’s latest report highlights a positive trajectory for the Global Dengue Vaccines Industry, with a projected total valuation of US$ 474.8 million expected in 2023.

Geographic Overview

Latin America is expected to remain the second largest market for dengue vaccines, with a valuation of nearly US$ 290 million by the end of the forecast period. The report also predicts that more pharmaceutical companies will become involved in the expansion of the Global Dengue vaccine industry shortly.

According to the report, government institutes will continue to be the largest end-users of dengue vaccines. Dengue vaccine sales across government institutes will generate nearly US$650 million in revenue by the end of 2027. Furthermore, hospitals will maintain their dominance, with double-digit CAGRs throughout the forecast period. Sales of the sole vaccine, Dengvaxia, manufactured by Sanofi, are currently driving market growth. Furthermore, the factors influencing the market growth profiled in the report are discussed below.

Key Highlights of Global Dengue Vaccines Industry Report

  1. Other than the burdening occurrence of dengue in some countries, the economic turmoil in Latin America is estimated to influence the growth of the global market at the macroeconomic level.
  2. Live attenuated vaccines are also produced and developed economically, thereby consoling the vaccine market and patients.
  3. Low availability of optimum diagnostic systems and lack of skilled professionals have led to cases, where dengue fever is being treated as undistinguished febrile disease.
  4. The global market of dengue vaccines is likely to secure an opportunistic revolution when companies are likely to able to successfully develop effective vaccines for all age groups.

Overall, the global dengue vaccines market, which is currently valued at nearly US$ 250 million, will increase rapidly to reach over US$ 1,250 million in terms of revenues, by the end of 2027.

According to FMI’s report, the following dengue vaccine manufacturers operate within the Global Dengue Vaccines Industry landscape:

  • Sanofi Pasteur Limited
  • Takeda Pharmaceutical Company Limited
  • Merck & Co. Inc.
  • GlaxoSmithKline Plc.
  • GeneOne Life Science Inc.
  • Medigen Vaccine Biologics Corporation
  • Panacea Biotec Limited
  • Sun Pharmaceutical Industries Ltd
  • Serum Institute of India Pvt. Ltd.
  • Biological E Ltd.

Dengue Vaccines Market Key Segments Covered

Product

  • CYD-TDV (Dengvaxia)

End-User

  • Hospitals
  • Government Institutes
  • Non-governmental Organizations (NGOs)

Region

  • North America (US and Canada)
  • Latin America (Brazil, Mexico, Venezuela and Rest of LATAM)
  • Western Europe (Germany, UK, France, Spain, Italy and Rest of Western Europe)
  • Eastern Europe (Russia, Poland and Rest of Eastern Europe)
  • APEJ (The Philippines, Indonesia, Malaysia, Thailand, Vietnam, India and Rest of APEJ)
  • Japan
  • Middle East & Africa (GCC, Northern Africa, South Africa and Rest of MEA)

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube