Market Research Blog – Page 1212 – New Product Development

Global Dialyzer Reprocessing Machines and Concentrates Market Expected to Reach USD 2,198.2 Million by 2034, Growing at a 5.4% CAGR

The global dialyzer reprocessing machines and concentrates market is set for substantial growth, with a projected value of USD 1,299.2 million in 2024. According to industry forecasts, this market is expected to expand significantly, reaching an estimated USD 2,198.2 million by 2034, representing a compound annual growth rate (CAGR) of 5.4% throughout the forecast period. Revenues in 2023 were valued at approximately USD 1,234.1 million.

Dialyzer reprocessing machines and concentrates play a crucial role in the healthcare sector, particularly in dialysis treatment for patients with renal failure. These machines allow for the safe and effective reuse of dialyzers, contributing to better patient outcomes and cost efficiency in renal care.

Dialysis continues to be highly preferred for the effective treatment of chronic kidney diseases (CKD) among the geriatric population, thereby generating substantial demand for reusable dialysis equipment.

This, in turn, is foreseen to create revenue-generating opportunities for the companies operating in the Global Dialyzer Reprocessing Machines and Concentrates Industry.

North America Continues to Mark the Most Significant Position in the Market

According to the report, rising instances of renal disorders, such as end-stage renal disease (ESRD) and chronic kidney disease (CKD), are among the key factors spurring the growth of dialyzer reprocessing machines and concentrates market. Dialysis, being the most accessible treatment for kidney diseases, will thus continue to add to the overall importance of reusable dialysis equipment. This, in turn, will create favourable grounds for the adoption of Global Dialyzer Reprocessing Machines and Concentrates Industry.

In 2015, it was estimated by the National Kidney Foundation in the US that approximately 468,000 ESRD patients were reported to be on dialysis in the US alone. North America will thus continue to be a prominent region in the Global Dialyzer Reprocessing Machines and Concentrates Industry, followed by South Asia. In 2018, North America accounted for a revenue share of around 24% in the Global Dialyzer Reprocessing Machines and Concentrates Industry, backed by a robust healthcare infrastructure.

India, Sri Lanka, and, Thailand on the other side are likely to emerge as potential countries brimming with prime opportunities for the companies operating in the Global Dialyzer Reprocessing Machines and Concentrates Industry.

According to the report, the introduction of technologically advanced medical equipment aligned with the evolving healthcare models is further expected to boost the growth of the Global Dialyzer Reprocessing Machines and Concentrates Industry. dialyzer reprocessing machines and concentrates enable automated cleaning and reprocessing of the dialysis units, unlike the traditional re-usable systems that require manual handling.

As per the research study, dialyzer reprocessing machines provide immense scope for direct handling of dialysis systems using automated digital reprocessors, which is an added advantage boosting the popularity of dialyzer reprocessing machines and concentrates over conventional systems.

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Key Segments Of Dialyzer Reprocessing Machines And Concentrates Industry Survey

Dialyzer Reprocessing Machines and Concentrates Market by Product Type:

Dialyzer Reprocessing Machines
Haemodialysis Concentrates
- Acetic Acid Concentrates
- Citric Acid Concentrates
- Bicarbonates Based Concentrates
- Calcium Free Concentrates
- Potassium Concentrates
Bicarbonate Cartridges
Cold Sterilants and Hot Disinfectants

Dialyzer Reprocessing Machines and Concentrates Market by Form:

Liquid
Powder

Dialyzer Reprocessing Machines and Concentrates Market by End User:

Reprocessing Machines and Concentrates for Hospitals
Reprocessing Machines and Concentrates for Ambulatory Surgical Centres
Reprocessing Machines and Concentrates for Dialysis Centres

Dialyzer Reprocessing Machines and Concentrates Market by Region:

North America Dialyzer Reprocessing Machines and Concentrates Market
Latin America Dialyzer Reprocessing Machines and Concentrates Market
Europe Dialyzer Reprocessing Machines and Concentrates Market
East Asia Dialyzer Reprocessing Machines and Concentrates Market
South Asia & Pacific Dialyzer Reprocessing Machines and Concentrates Market
Middle East & Africa (MEA) Dialyzer Reprocessing Machines and Concentrates Market

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 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

Customer Revenue Optimization (CRO) Software Market Set to Double by 2033 with a CAGR of 7.4%

The global crowdsourced security Industry size is anticipated to exceed a valuation of US$ 114.4 million in 2023. It is projected to hit a valuation of US$ 245.4 million by 2033. The market is predicted to thrive at a CAGR of 7.9% from 2023 to 2033.

Compared to engaging specialized in-house security teams or carrying out conventional penetration testing, crowdsourced security is possibly an affordable option. Instead of paying fixed salaries or high consulting costs, organizations may use crowdsourcing platforms to interact with multiple security professionals at once, paying only for the vulnerabilities found or successful tests run.

By showcasing a proactive attitude to security, crowdsourced security efforts may improve an organization’s image. Organizations may build trust with their user base, customers, and stakeholders by encouraging security researchers to properly report vulnerabilities. For instance,

A bug bounty program was started on HackerOne by NordVPN, a personal virtual private network service provider. It is part of a strategy to update VPN companies’ security measures.

The BFSI sector is increasingly adopting crowdsourced security. The BFSI industry is a top target for cyber assaults because of the sensitive and priceless information it manages, including:

Financial data
Personally identifiable information (PII).
Transactional records.

The industry is subject to changing cyber threats including advanced hacking methods, malware, phishing assaults, and insider threats. By utilizing the skills of ethical hackers to find vulnerabilities and upgrade security procedures, crowdsourced security helps the BFSI industry boost its defenses.

North America is likely to dominate the global market. With a sizable number of companies operating across several industries, North America market accounts for a sizeable portion of the global economy. With such a wide range of businesses, from SMEs to huge international firms, crowdsourced security providers have many potentials to serve all types of businesses.

Key Takeaways from the Crowdsourced Security Market:

The global crowdsourced security industry size expanded at a CAGR of 5.8% from 2018 to 2022.
In 2018, the global market size stood at US$ 85.7 million.
The market size stood at US$ 107.6 million in 2022.
In 2022, the web application segment captured 39.2% of the market share.
In 2022, the on-premise deployment segment captured a 58.3% share of the global market.
In 2022, the United States captured a 14.5% share of the global market.
In 2022, China captured a 7.2% share of the global market.
In 2022, Japan captured a 5.1% share of the global market.
In 2022, India garnered a 10.2% share of the global market.

Key Players Working in the Global Market

Applause
Cobalt Labs Inc.
Bugcrowd Inc.
Detectify
HackerOne

Recent Developments Observed by FMI:

Microsoft unveiled new cybersecurity services in May 2022. The three services—which were unveiled under the service umbrella category of “Microsoft Security Experts”—are human-led services designed to deliver “secure, compliant, and productive outcomes” for businesses that use them.
IBM opened its IBM Cybersecurity Hub in India in February 2023. To help businesses in Asia Pacific (APAC) region prepare for and manage the growing threat of cyberattacks on corporations, IBM announced this multi-million dollar investment in its resources.

Crowdsourced Security Market Segmentation

By Type:

Web Application
Mobile Application
Other Types

By Deployment Type:

Cloud-based
On-premise

By Organization Size:

SMEs
Large Enterprises

By Vertical:

Telecom & IT
BFSI
Healthcare
Travel & Hospitality
Retail
Media & Entertainment
Other Verticals

By Region:

North America
Latin America
Europe
Asia Pacific
The Middle East & Africa (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
LinkedIn| Twitter| Blogs | YouTube

Medical Physics Market Expected to Reach USD 10 Billion by 2034, Projected CAGR of 6.4%

According to the latest report by Future Market Insights, the medical physics market is projected to achieve a value of USD 5.3 billion in 2024. Following this growth trajectory, the market is expected to reach USD 10 billion by 2034, reflecting a moderate compound annual growth rate (CAGR) of 6.4% over the next decade.

Medical physics plays a crucial role in healthcare, encompassing the application of physics principles in medicine, particularly in the fields of radiation therapy, diagnostic imaging, and radiation safety. The increasing demand for advanced medical technologies and the growing emphasis on patient safety are key drivers of market growth.

The growth of the medical physics market is driven by increasing demand for advanced imaging technologies, improvements in radiation therapy, and a rising focus on patient safety and precision medicine. These advancements underscore the critical role of medical physics in enhancing diagnostic accuracy and therapeutic efficacy.

However, the report also highlights that the insufficient availability of skilled workers and relatively poor healthcare infrastructure for medical physicist trainings in developing regional markets will continue to restrict penetration of medical physics in the long run.

The ‘Outsourcing’ Trend Is Creating Firm Base for Merger & Acquisition Strategies

With the consolidation of hospitals, there is an increasing need for larger firms in the medical physics market, with an intent to handle the outsourced services so as to contract with fewer services providers. The medical physics market is characterised by the presence of small independent companies, and there is a negligible number of large-scale operators. According to the report, this presents opportunities for private equity firms to enter the middle-market platform and scale-up their medium-scale operations to large-scale operations through the acquisition of smaller firms.

Other factors driving mergers and acquisitions in the medical physics market include increasing stringent regulations and an increasing number of owners looking to exit the medical physics business. Increasing stringent regulations have resulted in the inspection of a larger number of machines and associated elements. Several healthcare systems are incurring higher risks due to the increasingly stringent regulations. This opens opportunities for medical physics companies to ensure compliance and reduce operation cost by outsourcing. Furthermore, most of the medical physics firms are owned and operated by baby boomers who are about to retire from their medical physics business. For a majority of those medical physics service providers who are retiring, selling their business has been considered to be the most preferred option.

Some of the other trends in the medical physics market include increased outsourcing by healthcare providers, increasing number of independent diagnostic imaging centres, and advancements & adoption of technology across the world.

Segmental Insights: Medical Physics Market

Diagnostic modality, driven by increasing adoption of diagnostic procedures such as PET, SPECT, CT, and MRI, will continue to account for more than 65% share of the total medical physics market value.
Based on services, accreditation assistance is slated to remain dominant, followed by safety surveys. The report anticipates physics testing and regulatory and auditing services to emerge highly potential.
Following hospitals, diagnostic imaging centers are likely to register significant adoption rate in the medical physics market through 2027.

The North American and European medical physics market will reportedly account for a majority of market value, according to FMI’s analysis on medical physics market. The report has attributed this dominance to rapid consolidation of healthcare facilities in these regions.

Some of the key players in the medical physics market include Krueger-Gilbert Health Physics, Inc., LANDAUER, Medical Physics Services, Medical Physics Services Consultants, Inc., Alyzen Medical Physics Services, Radiation Safety & Control Services, Inc., Upstate Medical Physics Services, Dade Moeller & Associates, Versant Medical Physics Services & Radiation Safety, Alliance Medical Physics Services LLC, West Physics Consulting, LLC, Associates in Medical Physics Services, Radiation Services, Inc., Jaeger Corporation, and Petrone Associates, LLC.

Medical Physics Market Key Developments:

With a new edition of SmartSignals eConsent in April 2021, Signant Health increased electronic informed consent services and boosted capabilities. To fulfill the study needs of teams, SmartSignals eConsent solutions are available in three categories of functionality: silver, gold, and platinum. This method has improved the company’s existing product offering, resulting in revenue from its sale.

In January 2021, Parexel International Corporation teamed up with Signify Health to provide innovative technologies to improve clinical trial access and inclusion. This collaboration increased patient access to clinical trials by bringing studies to their homes and also identified key social determinants of health (SDoH) to help patients, caregivers, and resources connect.

Medical Physics Market Key Companies Profiled

Medical Physics Services LLC
LANDAEUR
Krueger-Gilbert Health Physics Inc.
Alyzen Medical Physics Services
Radiation Safety & Control Services Inc.
Upstate Medical Physics Services
Dade Moeller & Associates
Versant Medical Physics Services & Radiation Safety
Alliance Medical Physics Services LLC
West Physics Consulting LLC
Associates in Medical Physics Services
Radiation Services Inc.
Jaeger Corporation
Petrone Associates LLC

A Old Full Report Analysis Click Here

Medical Physics Market Key Segments

By Modality:

Diagnostics
- Radiographic X-Ray Systems
- Fluoroscopic X-Ray Systems
- Dental X-Ray Systems
- Mammography Systems
- Computed Tomography
- Magnetic Resonance Imaging
- Ultrasound
- SPECT
- PET
- Others
Therapeutics
- LINAC
- Brachytherapy
- Others

By Service:

Accreditation Assistance
Performance Testing
Physics Testing
Radiation Dose Monitoring
Radiation Safety Training
Treatment Commissioning Services
Safety Surveys
Regulatory & Auditing Services
Others

By End User:

Hospitals
Ambulatory Surgical Centres
Diagnostic Imaging Centres
Academic & Research Institutes

By Region:

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

Author

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.

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Global Endoscopic Ultrasound Needles Market Expected to Reach USD 223.5 Million by 2027, Growing at a 4.4% CAGR

The global endoscopic ultrasound (EUS) needles market is set for significant growth, projected to rise from a valuation of USD 180.2 million in 2022 to USD 223.5 million by the end of 2027. This represents a compound annual growth rate (CAGR) of 4.4% over the five-year forecast period.

Endoscopic ultrasound needles are essential tools in minimally invasive diagnostic and therapeutic procedures, enabling healthcare professionals to obtain tissue samples from various organs with high precision. The growing demand for less invasive surgical techniques and the rising prevalence of gastrointestinal diseases are key factors driving market growth.

As healthcare providers continue to seek enhanced tools for accurate diagnosis and treatment, the demand for advanced endoscopic ultrasound needles is expected to rise. This market growth underscores the ongoing innovation and development within the field of endoscopic technologies.

Manufacturers in the Global Endoscopic Ultrasound Needles Industry are focusing on new product launches for more precise diagnosis of tissues collected using needles. Gaining a greater share in the endoscopic ultrasound needles market with diverse portfolio is one of the key strategies of leading players.

As per the report, companies in the Global Endoscopic Ultrasound Needles Industry are also focusing on collaborating for development and distribution of advanced endoscopic ultrasound needle products. Key players in endoscopic ultrasound needles market are focusing on new product development in emerging regions including Latin America and Asia Pacific owing to the increasing prevalence of cancer and other chronic diseases. Endoscopic Ultrasound-Guided Fine Needle Aspiration to Gain Popularity with Rise in Gastrointestinal Diseases

According to the FMI report, Endoscopic Ultrasound-Guided Fine Needle Aspiration (EUS-FNA) is likely to account for largest share in the endoscopic ultrasound needles market. EUS-FNA gaining popularity for the diagnosis of gastrointestinal diseases and peri-gastrointestinal lesions. The wide application of FNA has also accelerated the growth in the endoscopic ultrasound needles market.

With the growing demand for minimally invasive procedures, doctors and surgeons are using EUS combined with FNA to collect sample fluid and tissue from chest and abdomen for diagnosis. It has also emerged as an alternative to exploratory procedure.

Meanwhile, in recent years studies conducted on Endoscopic Ultrasound-Guided Fine Needle Biopsy (EUS-FNB) have shown some promising results. As per the FMI study on endoscopic ultrasound needles market, FNB is emerging as the novel tool in diagnosis by providing information on tissue architecture.

As per the study, ambulatory surgical centres will use endoscopic ultrasound needles on a large scale owing to the rise in number of these centres and increasing number of endoscopic ultrasound surgeries performed in ambulatory surgical centres. Being the minimally invasive and non-surgical procedure that can be performed through colon or upper GI tract, ambulatory surgical centers are gaining traction in the Global Endoscopic Ultrasound Needles Industry.

Moreover, endoscopic ultrasound is generally considered safe when performed at ambulatory surgical centres with expert healthcare team. Various healthcare organisations are building ambulatory surgical centres within the premises in the healthcare facility offering wide range of services with technological advancements to achieve economies of scale.

An increasing number of ambulatory surgical centers are offering safe, cost-effective services, especially for gastroenterology, thereby, driving the demand in the Global Endoscopic Ultrasound Needles Industry.

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Endoscopic Ultrasound Needles Market Survey

by Product:

Aspiration Needles (EUS-FNA)
Biopsy Needles (EUS-FNB)

by Application:

Bronchial EUS Needles
Enteral EUS Needles

by End User:

Hospitals
Ambulatory Surgical Centers
Specialty Clinics

by Region:

North America Endoscopic Ultrasound Needles Market
Latin America Endoscopic Ultrasound Needles Market
Europe Endoscopic Ultrasound Needles Market
East Asia Endoscopic Ultrasound Needles Market
South Asia & Pacific Endoscopic Ultrasound Needles Market
Middle East & Africa (MEA) Endoscopic Ultrasound Needles Market

A Old Full Report Analysis Click Here

Author

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.

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Loop-Mediated Isothermal Amplification Market Projected to Reach USD 178.4 Million by 2034, Growing at a 4.9% CAGR

The loop-mediated isothermal amplification (LAMP) market is on track for steady growth, with an anticipated valuation of USD 110.6 million in 2024. According to market forecasts, the industry is expected to progress at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2034, ultimately reaching an estimated value of USD 178.4 million by the end of the forecast period.

LAMP technology is an innovative and efficient method for amplifying DNA, providing rapid results that are crucial in various fields such as clinical diagnostics, food safety, and environmental monitoring. Its ability to function effectively under isothermal conditions makes it an attractive option for laboratories and field applications alike.

LAMP technology, known for its efficiency and accuracy in nucleic acid amplification, continues to gain traction across various applications, including diagnostics and research. The market’s steady growth reflects the increasing adoption of this innovative technology in healthcare and biotechnology sectors, driven by its advantages over traditional methods in terms of speed, simplicity, and cost-effectiveness.

With rising number of research publications using loop-mediated isothermal amplification, application of the same in various fields has also increased. Significant improvements in Amplicon detection also contributes to the market growth. Real-time monitoring of loop-mediated isothermal amplification Amplicon now utilizes optical, electrical, electrochemical, and pH-sensing mechanisms. With these advancements in amplification technology, loop-mediated isothermal amplification market has been witnessing constant growth.

“Growing application of loop-mediated isothermal amplification in multiple fields like food and beverage, bio-medicine, environmental science, and others will stimulate the global sales of loop-mediated isothermal amplification for the forecast period,” says an FMI analyst.

Key Takeaways:

Rapid diagnosis of chronic diseases and improvements in Amplicon detection is expected to drive the market.
Demand of loop-mediated isothermal amplification in China to witness a surge over the forecast period.
The U.S. loop-mediated isothermal amplification market will experience significant growth propelled by adoption of microfluidic technology.
By product, kits and reagents segment to account for 83.2% of market share during 2022.
Based on technology, microfluidic segment will be popular for the forecast period.
Lack of versatility and absence of an internal PCR inhibition control limits market growth.

Competitive Landscape

Jena Bioscience GmbH, HiberGene Diagnostics, Meridian Bioscience, Inc., Mast Group Ltd., Excellgen, Inc., Merck KGaA, QIAGEN N.V, NIPPON GENE CO., LTD, New England Biolabs, Bio-Rad Laboratories, Inc., Thermo Fisher Scientific, and others are some of the major players in the loop-mediated isothermal amplification market that are profiled in the full version of the report.

Major organizations in the market are employing various tactics to expand their product portfolio as well as to increase their regional dominance. These businesses are focused on using aggressive pricing strategies to gain a competitive advantage in the market. Some global market players are investing in research and development agreements to increase product development, adopting distribution & licensing agreements with regional players, and establishment of network of distribution and marketing agreements to ensure availability of products to different end-users globally.

Key Segments:

Loop-mediated Isothermal Amplification Market by Product:

Instruments
Incubation Systems
Turbidimeters
Agarose Gel Electrophoresis
Fluorescence Measuring Systems
Kits & Reagents
DNA Polymerase
Primer Mix
DNA Polymerase & Primer Mix
Dyes
Other Reagents

Loop-mediated Isothermal Amplification Market by Technology:

Microfluidic Technology
Advanced Infrared Optical Technology
Modern Microsystem Technology

Loop-mediated Isothermal Amplification Market by Application:

Diagnostic Purposes
Research Purposes

Loop-mediated Isothermal Amplification Market by End User:

Hospital Laboratories
Research and Academic Institutes
Diagnostic Centers

Loop-mediated Isothermal Amplification Market by Region:

North America Loop-mediated Isothermal Amplification Market
Latin America Loop-mediated Isothermal Amplification Market
Europe Loop-mediated Isothermal Amplification Market
East Asia Loop-mediated Isothermal Amplification Market
South Asia & Pacific Loop-mediated Isothermal Amplification Market
Middle East & Africa (MEA) Loop-mediated Isothermal Amplification Market

Regional Analysis

According to the latest FMI reports, North America and the U.S. loop-mediated isothermal amplification market will witness significant growth in the market for the assessment period. Investments in the healthcare sector, constantly improving healthcare infrastructure as well as rising healthcare expenditure coupled with technological advancements in LAMP instruments are expected to fuel the market growth in North America.

Moreover, high incidences of chronic diseases along with the presence of key players in the U.S. also contribute to the market growth in this region. The growing awareness of chronic diseases, high prevalence of malaria and other pandemic diseases drives the demand for prompt diagnosis in the country. Added to this, the rising adoption of microfluidic technology over conventional techniques are driving the market expansion in the U.S

The LAMP market in China is expected to record impressive development during the forecast period, owing to the strong demand for cost-effective diagnostics, a less rigid regulatory environment, and the presence of a massive population base. Additionally, increasing government initiatives for research purposes and the development of LAMP techniques are propelling the market growth in China.

Category Analysis

According to the latest report by FMI, based on product, kits & reagents are predicted to account for 83.2% share of the loop-mediated isothermal amplification market in 2022. Owing to the overall use of loop-mediated isothermal amplification in testing, loop-mediated isothermal amplification-based kits and reagents have witnessed a rapid growth in popularity in recent years.
Several loop-mediated isothermal amplification-based kits & reagents have been developed over the years for simultaneous detection of pathogens in biological samples and food products.
Moreover, market players are collaborating to improve the sale of DNA polymerase and other loop-mediated isothermal amplification-based kits & reagents in all regions with the expectation of gaining maximum revenue share in the market. All these factors promote the growth of this particular loop-mediated isothermal amplification market segment.

Based on technology, microfluidic technology segment has gained traction over the years. The technology has been used to diagnose a variety of diseases, including malaria and tuberculosis. Advance fluidic components such as reaction chambers, micro-valves, micro-pumps, and micro-dispensers can be integrated with Lab-on-chip-based loop-mediated isothermal amplification assays to provide both micros as well as Nano droplet-size samples for multiplexing and high-throughput analysis. These properties along with others drive market growth of this segment.

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.

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Global Crowdsourced Security Market Set to Grow at 7.9% CAGR, Reaching $245.4 Million by 2033

A bug bounty program was started on HackerOne by NordVPN, a personal virtual private network service provider. It is part of a strategy to update VPN companies’ security measures.

The BFSI sector is increasingly adopting crowdsourced security. The BFSI industry is a top target for cyber assaults because of the sensitive and priceless information it manages, including:

Financial data
Personally identifiable information (PII).
Transactional records.

Key Takeaways from the Crowdsourced Security Market:

The global crowdsourced security industry size expanded at a CAGR of 5.8% from 2018 to 2022.
In 2018, the global market size stood at US$ 85.7 million.
The market size stood at US$ 107.6 million in 2022.
In 2022, the web application segment captured 39.2% of the market share.
In 2022, the on-premise deployment segment captured a 58.3% share of the global market.
In 2022, the United States captured a 14.5% share of the global market.
In 2022, China captured a 7.2% share of the global market.
In 2022, Japan captured a 5.1% share of the global market.
In 2022, India garnered a 10.2% share of the global market.

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Key Players Working in the Global Market

Applause
Cobalt Labs Inc.
Bugcrowd Inc.
Detectify
HackerOne

Recent Developments Observed by FMI:

Microsoft unveiled new cybersecurity services in May 2022. The three services—which were unveiled under the service umbrella category of “Microsoft Security Experts”—are human-led services designed to deliver “secure, compliant, and productive outcomes” for businesses that use them.
IBM opened its IBM Cybersecurity Hub in India in February 2023. To help businesses in Asia Pacific (APAC) region prepare for and manage the growing threat of cyberattacks on corporations, IBM announced this multi-million dollar investment in its resources.

Crowdsourced Security Market Segmentation

By Type:

Web Application
Mobile Application
Other Types

By Deployment Type:

Cloud-based
On-premise

By Organization Size:

SMEs
Large Enterprises

By Vertical:

Telecom & IT
BFSI
Healthcare
Travel & Hospitality
Retail
Media & Entertainment
Other Verticals

By Region:

North America
Latin America
Europe
Asia Pacific
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. 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:

Liver Health Supplements Market to Reach USD 17.1 Billion by 2034, Exhibiting a 5.2% CAGR | FMI

The global Liver Health Supplements market is projected to reach USD 17.1 billion by 2034, up from an estimated USD 10.3 billion in 2024, growing at a CAGR of 5.2% over the forecast period of 2024 to 2034.

In recent years, sales of liver health supplements have surged, fueled by evolving consumer preferences and advancements in technologies related to personalized health. Consumers are increasingly seeking supplements made with natural and organic ingredients that are sustainably sourced. Products free from synthetic additives and preservatives are gaining significant traction across various regions.

The rising demand for liver health supplements is largely attributed to a growing interest in personalized nutrition. Instead of opting for generic solutions, consumers are now favoring supplements tailored to their specific health needs.

FMI, in its upcoming business report, elaborates the historical and current scenario of the global Liver Health Supplements market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand patterns and growth prospects.

Crucial information and forecast statistics covered in the Liver Health Supplements market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Liver Health Supplements Market

The recent outbreak of COVID-19 has adversely affected various markets in the packaging industry, and the Liver Health Supplements market is no exception. Products that are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government measures, particularly social distancing norms and stay-at-home orders, companies operating in the Liver Health Supplements market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of COVID-19.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Liver Health Supplements market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

Liver Health Supplements Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Liver Health Supplements market. Competitive information detailed in the Liver Health Supplements market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Liver Health Supplements market report.

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Key players covered in the report include:

Some of the leading companies present in the global liver health supplements market include Balchem Corporation, Amway Corp., Aker Biomarine, GNC, Enzymedica, Sanofi, America’s Finest Inc., ADM Company, and Banyan Botanicals among others.

Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Liver Health Supplements market

Key Segments Profiled in the Liver Health Supplements Industry Survey

By Form:

Dry
Tablet
Powder
Liquid

By Nature:

Organic
Conventional

By Source:

Vitamins
Minerals
Botanicals
Others

By End User:

Human Nutrition
Animal Nutrition

By Distribution Channel:

Online Retailers
Specialty Stores
Supermarkets/Hypermarkets

By Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
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.

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Powdered Beverage Market Set to Surge with an 11.3% CAGR, Reaching USD 11.46 Billion by 2034

The Powdered Beverages Market trends suggest a valuation of US$ 5.38 billion in 2024. Powdered beverage adoption is flooding due to a cumulative preference for convenient and ready-to-drink beverages. Therefore, sale of powdered beverage holds the prospect of exceeding an US$ 11.46 billion valuation by 2034. This growth scenario indicates an impressive CAGR of 11.30% during the forecast period.

rapidly expanding as customers seek quick and flexible beverage options. Powdered beverages have been a popular choice among health-conscious individuals and busy lives due to an increase in demand for on-the-go solutions and customised flavours. The market’s expansion is being driven by innovative product launches that cater to a wide range of tastes and inclinations.

The demand for heat-treated powdered beverage products with tastes such as chocolate, fruit, coffee, and others has risen dramatically in recent years. Ready-to-mix and ready-to-eat foods are becoming increasingly popular as a result of convenience culture and the proliferation of breakfast options that can be taken on the go. This has driven up demand for powdered soft drinks and other powdered beverages.

Powdered beverages are thought to be an effective substitute for ready-to-drink products. The rising range of applications in a variety of end products, including soft drinks, sports and nutritional drinks, fruit juices, and coffee, indicates the rapid growth in demand for powdered beverages. Consumers still prefer single-serve powdered beverages to multi-serve alternatives because they are more convenient.

Market Gains Remain Uphold by Extended Shelf-life of Powdered Beverages

The powdered beverages market is predominantly fueled by increasing awareness about the product and its associated health benefits. Surging demand for powdered beverages can be attributed to their convenience factor and relatively low cost, which are the ideal solution for consumers with hectic schedule and busy lifestyle. Moreover, powdered beverages do not have a specific temperature requirement to maintain quality or shelf life, thereby making them suitable choice for the camping, travelling, and similar occasions.

Single serve format of powdered beverages enables the consumption in the limited amount, which can be a competitive driver for the market over the liquid beverage market. Key players operating in the powdered beverages are introducing new and novel products with the high protein content, targeting health and wellness enthusiast. As the trend of health wellness has brought numerous products in the marketplace, such as fusion beverages, plant-based beverages, and organic drinks, manufacturers are targeted towards fortifying powdered beverages with nutritious ingredients.

Moreover, a growing number of consumers are seeking for organic and natural products, consisting of plant-based ingredients. Powdered beverage manufacturers are tapping into the current need of the market, coming with the innovative solutions. For instance, incorporation of pea protein in powdered beverages is gaining traction, as it is marketed to offer various health benefits.

As aversion of consumers towards synthetic or chemical ingredients has been evident, manufacturers are using natural food preservatives to extend shelf life of powdered beverage. Such factors are expected to create a positive outlook of the powdered beverages market.

Powdered Beverages Market: Regional Analysis

North America and European continue to maintain leading position in the powdered beverages market. Strong presence of key market players and greater awareness and availability of the product in these regions are responsible for the high consumption of powdered beverages. Moreover, established distribution network in these regions contributes to maximum market share. However, high growth opportunities are expected in Asia, Latin America, and MEA, due to increase in consumer purchasing power and growing product awareness among the consumers.

Powdered Beverages Market: Key Participants

Some of the important participants in the powdered beverages market are:

Nestlé S.A.
•Chr. Hansen A/S
•TreeHouse Foods, Inc.
•Kraft Foods
•Simatek A/S
•Cargill Inc.
•Nellson LLC
•CP Kelco

The research report presents a comprehensive assessment of the powdered beverages 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 type, nature, application, and sales channel.

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Powdered Beverages Market Segmentation

Key Companies Profiled

TreeHouse Foods Inc.
Nestle S.A.
Kraft Foods
Cargill Inc.
Simatek A/S/
Chr. Hansen A/S
Nellson LLC
CP Kelco

Key Segments Profiled in the Powdered Beverages Industry Survey

Type:

Single Serve
Multi-Serve

Nature:

Organic
Conventional

Application:

Sports Drinks
Soft Drinks
Fruit Juices
Coffee
Others (Dairy, etc.)

Sales Channel:

Hypermarket/Supermarket
Convenience Stores
Online Retailers
Specialty Stores
Mass Grocery Stores

Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East & 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.

Chitosan Powder Market to Reach USD 6,540.2 Million by 2034, Growing at a 8.6% CAGR | FMI

The global chitosan powder market is estimated to be worth USD 2,875.3 million in 2024 and is projected to reach a value of USD 6,540.2 million by 2034, expanding at a CAGR of 8.6% over the assessment period of 2024 to 2034

Chitosan powder is a polysaccharide produced by treating the shells of shrimp and other crustaceans with alkali sodium hydroxide.

Sales of Chitosan Powder have exhibited a spike over the past few years, due to its versatility and application, as Chitosan’s distinctive traits like-biodegradability, biocompatibility, and non-toxicity makes it highly versatile and beneficial across various industries.

It works as a preservative and dietary supplement in the food and beverage industry. The pharmaceutical industry uses it for drug delivery systems and wound dressings, while the cosmetics segment benefits from its moisturizing and antimicrobial properties.

Key Growth Factors

Rising Health Consciousness and Obesity Concerns: With increasing global rates of obesity and related health issues, there’s a growing consumer focus on weight management solutions. Chitosan powder, known for its ability to block fat absorption, is increasingly used in dietary supplements, driving market growth.
Expanding Applications in Pharmaceutical and Personal Care Industries: The pharmaceutical sector utilizes chitosan powder for its antimicrobial properties and potential applications in wound healing and drug delivery systems. In personal care, it is valued for skincare products due to its moisturizing and anti-aging benefits.
Environmental Sustainability Driving Market Adoption: As industries seek eco-friendly alternatives, chitosan powder stands out for its biodegradability and natural sourcing from shellfish waste, aligning with global sustainability goals and regulations.

Regional Insights

Asia-Pacific: Expected to experience the fastest growth, driven by increasing industrial applications, rising healthcare expenditures, and government support for sustainable technologies.
North America: Sustained growth anticipated, driven by a robust pharmaceutical sector and increasing adoption in wastewater treatment applications, enhancing environmental credentials.

Challenges

Despite its benefits, challenges such as low awareness in emerging markets and high production costs remain. However, advancements in technology and strategic investments are expected to mitigate these hurdles.

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Competitive Landscape

The market features a competitive landscape with key players including T.C. Bio Corporation, Amicogen, Inc., and FMC Corporation focusing on innovation and strategic collaborations to strengthen their market positions.

Key Segments Profiled in the Chitosan Powder Industry Survey

By Source:

Shrimp
Crab
Krill
Squid
Others (Lobster, Turtle, etc.)

By Grade:

Pharmaceutical Grade
Food Grade
Agricultural Grade
Industrial Grade

By End Use:

Food and Beverage Industry
Personal Care and Cosmetic Industry
Pharmaceutical Industry
Dietary Supplement Industry
Textile Industry
Others (Wastewater treatment, Animal Feed, etc.)

By Distribution Channel:

Direct Sales/B2B
Indirect Sales/B2C
Hypermarkets/ Supermarkets
Convenience Stores
Specialty Stores
Online Retailing

By Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East & 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.

Global Upper Limb Prosthetics Market to Reach USD 624.9 Million by 2033, Growing at a 4.1% CAGR

The global upper limb prosthetics market is set for significant growth, with sales projected to reach approximately USD 398 million in 2023. Detailed industry analysis indicates that the market is expected to expand at a compound annual growth rate (CAGR) of 4.1%, ultimately reaching a valuation of USD 624.9 million by the year 2033.

Currently, upper limb prosthetics account for a 3.8% share of the global prosthetics market, highlighting their essential role in improving the quality of life for individuals with limb loss. Factors such as road accidents, which are among the leading causes of bone fractures and amputations, are driving the demand for upper limb prosthetics.

The global upper limb prosthetics market is experiencing strong growth due to increased amputation procedures and increased research and development. The market is also expected to grow due to a rising geriatric population and increased road accidents and amputations.

According to the American Cancer Society, approximately 1,000 new cases of osteosarcoma are diagnosed in the United States every year, mainly among teens and adults. A biopsy is used to diagnose osteosarcoma, and the tumor is usually removed during surgery.

As a result of the high number of bone cancers in the United States and worldwide, there is a high demand for advanced prosthetics. These devices require a lot of maintenance and are expensive, and reimbursement policies inhibit their growth. As the government increases its support for amputee initiatives, the market will be able to grow at a rapid rate.

Key Takeaways from the Upper Limb Prosthetics Market Study

Global upper limb prosthetics to surpass US$ 398 million by 2023.
North America is set to capture the maximum revenue share until 2023, while Asia Pacific is set to be the fastest-growing market.
Over the course of the product type, myoelectric prosthetic devices remained the most popular with a CAGR of 4.2%.
Hospitals remains lucrative end user with a CAGR of 3.6%.

Competitive Landscape for the Upper Limb Prosthetics Market

As the geriatric population increases, research and development efforts increase, and technological advancements in upper limb prosthetics increase, the upper limb prosthetics market is expected to grow. As the population ages, more limb amputations are performed, accident injuries and trauma cases increase, and geriatrics increase in number.

There are a number of prominent players in the global plant-based hot dog market, including Touch Bionics Inc., Fillauer LLC, Endolite India Ltd., Ottobock SE & Co. KGaA, College Park Industries, Steeper Inc., TRS Inc., and others.

Recent Developments in the Upper Limb Prosthetics Market

Össur launched the Rebound Post-Op Elbow Brace in July 2021. The brace is an invasive, lightweight, adjustable brace with intuitive design features. This makes fitting easy for clinicians and patients recovering from severe elbow injuries.
PROLIMB plans to introduce a game-changing upper limb prosthesis by December 2020. The new project may integrate mechanical haptic feedback to make the prosthesis affordable.
People with upper limb amputations can now function and think like normal people with a bionic arm created by the Cleveland Clinic in September 2021.
In July 2021, Stryker launched its Tornier shoulder arthroplasty portfolio, which includes the Perform Humeral Stem, a Tornier product designed with four collar diameters and available in several lengths to optimize humeral fit and offer surgeons more options.

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Upper Limb Prosthetics Market Segmentation by Category

Upper Limb Prosthetics Market by Product:

Passive Prosthetic Devices
Body-powered Prosthetic Devices
Myoelectric Prosthetic Devices
Hybrid Prosthetic Devices

Upper Limb Prosthetics Market by Component:

Prosthetic Wrists
Prosthetic Elbows
Prosthetic Shoulders
Prosthetic Arms
Terminal Devices

Upper Limb Prosthetics Market by Indication:

Forequarter Amputations
Shoulder Disarticulations
Transhumeral Disarticulations
Elbow Disarticulations
Transradial Disarticulations
Wrist Disarticulations
Partial Hand Amputations
Fingers Amputations

Upper Limb Prosthetics Market by End User:

Hospitals
Prosthetic Clinics
Rehabilitation Centers

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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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